Latest Crypto News & Market Updates

US Seizes $1B Iranian Crypto as Coinbase, JPMorgan Clash Over CLARITY Act

The United States has seized roughly $1 billion in Iranian cryptocurrency assets, Treasury Secretary Scott Bessent disclosed at the Reagan National Economic Forum on Friday. Bessent said federal authorities “outright grabbed the wallets,” adding that some Iranian holders may still be unaware their funds have been confiscated. Forensic investigators reportedly traced flows from regime-linked cold wallets using public ledger analysis. The newly announced figure roughly doubles the $500 million in Iranian crypto the Treasury disclosed seizing in late April and significantly exceeds the $344 million reported earlier this month. The operation underscores Washingtons intent to weaponize on-chain transparency against adversarial regimes.　　The seizures form part of Operation Economic Fury, a financial pressure campaign launched in March 2025 to choke off Tehrans revenue streams. The initiative has paired wallet confiscations with frozen bank accounts and coordinated property seizures alongside European partners. Bessent claimed the regime had been siphoning $400 to $500 million each month before US intervention, with proceeds divided among roughly 80 senior leaders. He described Iran as financially “at the end of their tether,” signaling that the wallet grabs are meant as much for psychological impact as for asset recovery. Sanctions enforcement now leans heavily on chain analysis and exchange

05-30Industry

Sui Network Restarts After 6 Hour Outage

Sui Network is back online after a nearly six-hour outage on Thursday, which it attributed to a bug introduced by an update, marking the layer-1 blockchains second period of downtime in 2026.　　Sui posted to X on Thursday that activity on its mainnet had resumed after “a halt due to a crash bug in the gas charging logic introduced by the 1.72 release. A full incident review will be shared in the coming days.”　　Sui had earlier shared that the blockchain was “experiencing a network stall” and said that transactions could be paused until a fix is rolled out.　　The outage lasted 5 hours and 55 minutes, according to the networks status indicator. Sui mainnet validators are still listed as having “degraded performance.”　　It is the second outage of the Sui blockchain this year, following a similar incident in January where the network was knocked offline for more than six hours. Another incident occurred in November 2024, when all validators were stuck in a crash loop for around two and a half hours, preventing transactions from being processed.　　Sui is the 13th-largest blockchain by total value locked at $542 million and hosts 137 protocols, according to analytics platform DefiLlama.　　Sui token drops 6.6% before recovery　　The Sui

05-30Industry

Solana Clings To Critical Multi-Year Support As Breakout Pressure Builds

Solana is approaching a pivotal moment as price continues to defend a key multi-year support zone near the $79 level. After months of consolidation and repeated failed breakouts, growing signs of accumulation are now fueling speculation that SOL could be preparing for its next major upside attempt.　　SOLs $79 Support Emerges As The Most Critical Level On The Weekly Chart　　Strategist Scient identifies two critical price levels that define Solanas macro landscape: the 2024 low at $79 and the impulsive high at $210. This $210 level is particularly significant, as it marks the peak of the 2021 altseason. Since that time, the market has attempted to reclaim this threshold on three separate occasions, only to be met with rejection each time.　　The narrative of these failed breakouts reveals a challenging multi-year structure, with the second rejection, originating from the 2024 lows, igniting a year-long consolidation phase that culminated in a third failed attempt in September 2025. Following that final setback, selling pressure intensified, leading to a swift retracement to the 2024 low, where accumulation has been ongoing.　　SOLs price action is exhibiting clear signs of accumulation while hovering near these historical lows, which sets the stage for a potential breakout attempt. Interestingly, Scient notes

05-30Industry

Coinbase vs. JPMorgan Feud Escalates Over the CLARITY Act

“Heated Rivalry” is also the title of a 2019 gay hockey romance novel adapted for television in late 2025.　　The meme amplified the industrys underlying argument. Bank opposition to stablecoin yield rewards looks like incumbent protectionism, not consumer protection.　　Amid the escalating feud, Coinbase now compares to Charles Schwabs late-1970s disruption of brokerage commissions. The comparison resonates with crypto traders who see Coinbase eroding traditional bank margins.　　“Coinbase is to current finance/banking what Charles Schwab was to finance/trading in the late 70‘s and 80’s. Schwab radically disrupted Wall Street then. Coinbase is radically disrupting Wall Street now. Schwab ultimately destroyed commissions and fees on transactions. Coinbase is destroying market hours, access, tech, and margins/interest,” remarked Andrew, co-founder of Arch Public.　　Industry figures argue the existing framework already imposes Bank Secrecy Act rules on exchanges.　　The pushback signals a coordinated response to months of bank lobbying. The Senate floor vote is expected in June.　　The post Coinbase vs. JPMorgan Feud Escalates Over the CLARITY Act appeared first on BeInCrypto.

05-30Industry

Why is Stellar Lumens (XLM) Up 20% Today?

Stellar (XLM) managed to stage a powerful independent breakout. Defying the flat price action observed across major digital assets like Bitcoin and Ethereum, the native asset of the Stellar network surged aggressively within a 24-hour window, slicing through long-standing overhead technical resistance to peak near the $0.29 mark before entering a localized retracement.　　This unexpected decoupling has caught the attention of the global trading community, triggering a massive influx of capital into the payment-focused blockchain.　　The DTCC Integration: A Structural Shift for Wall Street Assets　　The primary catalyst behind the sudden $XLM price surge stems from a monumental announcement by the Depository Trust & Clearing Corporation (DTCC). The market infrastructure giant, which processes quadrillions of dollars in securities transactions annually, revealed plans to integrate its digital asset tokenization engine directly with the Stellar public blockchain.　　Targeting a phase-one deployment by the first half of 2027, the multi-chain initiative aims to facilitate the compliant tokenization and frictionless movement of traditional financial assets—including U.S. Treasuries, exchange-traded funds (ETFs), and blue-chip equities.　　This development carries immense fundamental weight for the assets utility ecosystem:Regulatory Validation: The initiative leverages a critical regulatory breakthrough achieved earlier, following joint agency guidance that designated XLM as a digital commodity. This status removes the

05-30Industry

Gemini Introduces AI-Powered Prediction Market Tool with Grok

Crypto exchange Gemini has announced a partnership with SpaceXAI, Elon Musk‘s artificial intelligence division, to integrate Grok, its proprietary AI model, into Gemini’s prediction markets platform. Dubbed “Command Center,” the new feature delivers curated, personalized market feeds based on user activity, including open positions, watchlists, and historical predictions.　　According to Gemini, the tool simplifies decision-making by presenting tailored intelligence across diverse categories such as crypto, sports, commodities, politics, and economics. “Rather than forcing you to dig through social feeds to find whats relevant, Command Center meets you where you are,” the company explained in a blog post.　　The move reflects Geminis broader strategy to expand beyond traditional crypto trading by leveraging AI and prediction markets. These markets allow users to trade event contracts on real-world outcomes, such as cryptocurrency price targets or political events. Despite the ongoing crypto market slowdown, Gemini continues to position itself as a diversified financial services company.　　Prediction Markets: Rising Competition and Revenue　　Prediction markets are becoming an increasingly competitive space for crypto firms. Launched in December 2025 after securing a critical CFTC license, Gemini Predictions™ is fully regulated across all 50 U.S. states. The platform has grown to attract over 20,000 users and generated $400,000 in revenue during Q1

05-30Industry

Fidelity: Bitcoin and gold are moving away from the dollar

Yesterday Fidelity Digital Assets published a report in which it assesses the evolution of market dynamics and checks whether the hypotheses made at the beginning of the year are still valid.　　The report analyzes six key trends that could shape digital assets over the remainder of 2026, including one that is somewhat unusual.　　This is trend number six, the one that also concerns gold.　　Gold and Bitcoin　　The sixth chapter of the report is dedicated precisely to gold and Bitcoin.　　It begins by recalling that Fidelity Digital Assets had already hypothesized at the beginning of 2026 that another positive year for gold would not be surprising, given that its demand is supported by central banks.　　But the most interesting point is another one.　　It is the shift from dollar-based systems to monetary systems more oriented toward the equity market.　　They point out that since the beginning of the year gold initially recorded an increase of almost 30% in a context of geopolitical tensions, only to then be scaled back to a more modest +4%.　　At one point they write:　　“There is also growing evidence supporting a move away from dollar-based systems.”　　They specifically mention alternative payment mechanisms, such as Irans acceptance of BTC for tolls and payments related to activities in

05-30Industry

MicroStrategy Corrects Bitcoin Sell-Off Fears With $30 Million Withdrawal

“Did Michael Saylors Strategy cancel its BTC sale？ Strategy withdrew 411.5 BTC ($30.2M) back from Coinbase Prime 5 hours ago,” Lookonchain posed.　　BTC trades near $73,532, with the broader Bitcoin treasury stocks split showing limited contagion.　　Strategy still holds 843,738 BTC, valued above $62 billion. The firm has bought no Bitcoin since May 18. That pause is the longest in its weekly accumulation as corporate Bitcoin treasury demand softens.　　BitMine Doubles Down on Ethereum Amid Price Weakness　　BitMine bought the dip below $2,100, lifting its aggressive ETH accumulation to roughly 5.39 million ETH. That sum represents about 4.47% of supply, near Tom Lees 5% target for the year.　　“Tom Lees Bitmine bought another 25,000 ETH ($50.56M) 6 hours ago,” Lookonchain noted.　　The firm stakes more than 4.7 million ETH through its Made in America Validator network. The position generates an annualized yield of about $276 million. Ether trades near $2,011 after a 10% monthly decline.　　Lee frames the weakness as a buying window, pointing to tokenization growth and AI demand for compute.　　Backers including ARK Invest and Founders Fund maintain exposure. BMNR trades below net asset value despite unrealized BitMine ETH losses.　　However, even as Tom Lees Bitmine buys the Ethereum dip, old wallets are dumping, with one selling

05-30Industry

The Most Secure Crypto Exchanges in 2026 (Ranked & Compared)

Security has become the defining factor in choosing a cryptocurrency exchange in 2026. With billions in digital assets held on centralized platforms, exchanges remain exposed to risks such as cyberattacks, internal failures, regulatory actions, and liquidity stress events.　　Following several high-profile industry incidents in recent years, users and institutions increasingly prioritize transparency, proof of reserves, custody architecture, and regulatory oversight over trading fees or feature sets.　　This ranking evaluates the most secure crypto exchanges in 2026 using a transparent, structured methodology focused on measurable security and trust indicators.　　How We Evaluate Crypto Exchange Security　　Each exchange is assessed using a standardized scoring framework across the following categories:Custody Infrastructure (cold storage usage, wallet architecture, multi-signature systems)Proof of Reserves (PoR) transparency and verification mechanismsRegulatory Compliance and licensing coverageInsurance & Protection Funds for user asset coverageSecurity Audits & Certifications (e.g., ISO standards, third-party audits)Operational Track Record (historical hacks, outages, or fund losses)Transparency Level (public reporting, disclosures, and verifiability)　　Each category is weighted to reflect real-world risk exposure, with custody and PoR carrying the highest importance.　　Security Ranking of Crypto Exchanges in 2026　　1. Binance　　Binance remains the largest global crypto exchange by volume and liquidity. Its security infrastructure has evolved significantly, particularly after industry-wide pressure to improve transparency and reserve reporting.　　Security

05-30Industry

Crypto and stocks go their separate ways as bitcoins failed breakout continues to weigh

Bitcoin added as much as 0.4% since midnight UTC on Friday and was recently just 0.07% higher after slumping to its lowest level since early April the day before.　　Thursdays drop extended a decline that has emerged over the past three weeks after a failed attempt to climb above $83,000. There is now a chance that the rejection will have contributed to a series of lower highs dating back to October — a key characteristic of a bear market.　　Ether (ETH) tracked bitcoin. It fell to $1,965 on Thursday before staging a recovery back above $2,000.　　U.S stocks continued to outperform the crypto market on Friday, with S&P 500 and Nasdaq 100 index futures both posting 0.15% gains as the equity gauges approached fresh record highs.　　There is no clear explanation why the crypto market is struggling against sectors it has historically been correlated with. The divergence since early October, however, aligns with a leverage wipeout that the market has failed to fully recover from.　　Derivatives positioningBTC open interest sits at $20.05 billion, up from $19.7 billion a week ago, with speculative positioning showing slight growth.Funding rates remain positive across multiple venues at under 10% annualized. The exception is Deribit, where they spiked to 44%.The

05-30Industry

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