Latest Crypto News & Market Updates

American Airlines picks SpaceXs Starlink for in-flight Wi-Fi

plans to outfit more than 500 of its narrow-body aircraft with Starlink, handing another win to Elon Musks SpaceX unit that has made inroads with major carriers for in-flight Wi-Fi.　　American was evaluating Starlink and Leo as recently as March for the service.　　The airline announced Tuesday it would install Starlink on about 500 of its narrow-body Airbus planes, like the A321neo, starting early next year. American spokesman said the carrier doesnt have immediate plans to change providers on its fleet, which uses a mix of and Panasonic.　　American in January rolled out free in-flight Wi-Fi for members of its frequent flyer program, following , and others.　　Delta in March said it would use Amazon Leo for in-flight Wi-Fi for hundreds of jets starting in 2028. United, and , which merged with Hawaiian Airlines in 2024, have selected Starlink.　　Carriers are battling for higher-spending customers, including by upgrading once-slow, expensive and clunky in-flight internet to higher speeds. They have also been weighing other revenue streams, like personalized ads for travelers.　　SpaceX, meanwhile, is preparing to go public in whats likely to be a record IPO next month. Its connectivity unit, which includes Starlink, posted revenue of $11.39 billion last year, making up 61% of total sales,

05-26Industry

Strategy Cuts $1.5B in Convertible Debt and Grows Bitcoin Holdings to 843,738 BTC

The Tysons Corner, Virginia-based company repurchased $1.5 billion aggregate principal amount of its 0% Convertible Senior Notes due 2029 for approximately $1.38 billion in cash, an 8% discount to face value. The move lowered Strategys total convertible note obligations from $8.2 billion to $6.7 billion.　　The debt repurchase generated a Gain of 4,391 and a Dollar Gain of $333 million, calculated as of May 22, 2026. Those figures reflect the accretion to shareholders that Strategy tracks as its primary performance metric.　　Alongside the debt reduction, the announcement noted that Strategy issued $2.0 billion notional of Variable Rate Series A Perpetual Stretch Preferred Stock, ticker STRC, and $84 million of Class A common stock under its at-the-market offering programs. The company deployed those proceeds to purchase 24,869 additional .　　As of today, Strategy holds 843,738 . Per Share stands at 220,900 satoshis on an assumed diluted basis.　　The companys USD Reserve, established in December 2025 to support preferred stock dividends and debt interest payments, stands at $871 million following the transactions. Chief Financial Officer Andrew Kang said the company intends to rebuild that balance over time using a mix of Digital Capital, Digital Credit, and Digital Equity sales.　　Founder and Executive Chairman Michael Saylor stated that

05-26Industry

Silver Price Forecast: XAG/USD consolidates with bearish undertone below key moving averages

On the daily chart, XAG/USD holds a neutral near-term bias, trading above both the 50-day and 200-day Simple Moving Averages (SMAs) at $75.87 and $66.37, yet still below the 100-day SMA at $81.42, which caps recovery attempts for now.　　The Relative Strength Index (RSI) at 48.11 sits near the midline, hinting at lacklustre directional conviction, while the Moving Average Convergence Divergence (MACD) remains slightly negative, suggesting fading bullish momentum after the recent pullback.　　On the topside, initial resistance is located at the 100-day SMA around $81.42, with a stronger barrier at the horizontal level near $90.00. On the downside, immediate support emerges at the 50-day SMA at $75.87. A clear break lower would expose the 200-day SMA near $66.37, ahead of more distant horizontal support at $55.00.　　Silver FAQs　　Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price

05-26Industry

Institutions Rotate to XRP, NEAR Crypto & Solana as Crypto Funds Bleed $1.47B: Report

In major crypto news today, XRP, Near Protocol, and Solana are witnessing massive buying from retail and institutional investors. Institutions are rotating out of Bitcoin and Ethereum into altcoin-focused crypto funds, as evident from recent analyst predictions and spot ETF inflows.　　Crypto Funds Record $1.47 Billion in Outflows　　Crypto funds globally saw outflows of $1.47 billion, a second consecutive negative week, CoinShares reported on May 26. Also, this marks the third-largest weekly outflow of 2026, following two outflows of $1.7 billion in late January.　　Cumulative outflows over the past two weeks now stand at $2.54 billion despite the CLARITY Act progress. Bitcoin saw $1.315 billion in outflows, the largest weekly outflow of 2026.　　Meanwhile, Ethereum saw $222 inmillion in outflows, broadly in line with last week. Continuous outflows from Bitcoin and Ethereum signal that macro and US-Iran war-related risk-off has deepened and broadened.　　Altcoins continued to attract selective inflows but on a smaller scale than the prior week. XRP leads with $31.8 million in inflows. NEAR crypto and Solana followed with $9 million and $7.7. million, respectively. Also, Sui and multi-asset funds recorded significant inflows.　　Bitcoin, Ethereum, XRP, Solana, NEAR Crypto Funds Flows. Source: CoinShares　　Notably, nine crypto asset funds, including XRP, recorded inflows of more than

05-26Industry

BitMine lost $8 billion on ETH but Tom Lee still made tens of millions

Shares of BitMine Immersion Technologies, trailing 12 months. Source: TradingViewTens of millions for Tom Lee　　Five months after those strategic advisor warrants, BitMine asked stockholders to approve a new package for Lee, who had assumed the chairman role.　　Despite BitMines common stock languishing 79% below its 52-week high at the time, a majority of voting power agreed on January 15, 2026.　　The package was worth up to $95 million in cash over five years. BitMine paid $15 million upfront and committed to $20 million more in fixed payments over four years. The remaining $60 million unlocks only if BitMine hits annual revenue hurdles.　　Targets escalate from $200 million in fiscal 2027 to $500 million in fiscal 2030. In addition to the cash, Lee received 1.5 million time-vesting restricted stock units and 4.5 million performance units.　　Performance units vest at $125 and $250 share price targets.　　Curiously, BitMine‘s board justified the lavish deal by calling Lee a uniquely qualified leader. In actual fact, the company’s ETH treasury was already underwater by more than $4 billion at the time of the January vote, and losses have doubled since then.　　Compensation for me, dilution for thee　　BitMines common stock has lost 30% of its value year-to-date, and 88% since its 52-week

05-26Ethereum

Binance seeks Philippines comeback through SEC sandbox deal

Binance has partnered with BlockShoals Technologies as it seeks a regulated path back into the Philippines. Binance partnered with BlockShoals, an approved participant under the Philippine SECs StratBox sandbox framework.BlockShoals will act as the approved local intermediary while Binance provides technology and compliance support.Binance remains blocked in the Philippines after the SEC raised licensing concerns in 2024.　　The exchange said on May 26 that the partnership will operate under the Philippine Securities and Exchange Commissions Strategic Sandbox, also known as StratBox.　　BlockShoals is a Philippine-registered company approved under the SECs Crypto Asset Intermediary framework within the sandbox structure. Binance said BlockShoals will serve as the approved local intermediary, while Binance will provide technology, security, operations, product support, and compliance experience.　　We are excited to support the Philippine SECs StratBox initiative through our partnership with BlockShoals.　　Frameworks like StratBox matter because they create space for innovation, dialogue, and stronger safeguards for users — all at the same time.　　SEC sandbox gives Binance a new route　　Binance said the arrangement aims to test a tailored platform experience for users in the Philippines inside a supervised environment. The company described the sandbox as a “controlled and supervised environment” for financial innovation.　　The sandbox phase is expected to begin in the

05-26Industry

TrapDoor Malware Campaign Targets Aptos, Solana, and Sui Developer Ecosystems

TrapDoor malware spread through fake crypto developer packages across registries.Attackers targeted SSH keys, AWS tokens, and wallet credentials in builds worldwide.Researchers linked coordinated uploads to Aptos, Sui, and Solana tooling ecosystems.　　Researchers have uncovered a coordinated malware campaign that targets cryptocurrency developers through fake software packages spread across major coding registries. The operation, named TrapDoor, focused on developer environments connected to blockchain ecosystems such as Aptos, Sui, and Solana. Security analysts warned that the campaign aimed to steal sensitive credentials from machines used in crypto development workflows.　　Researchers from Socket Security discovered more than 34 malicious packages distributed across npm, PyPI, and Crates.io. Altogether, the campaign involved more than 384 package versions. The attackers designed the software to appear legitimate by mimicking popular development utilities and blockchain tooling.　　Malware Targets Developer Credentials　　The malicious packages targeted high-value information stored on developer systems. The malware searched for SSH keys, AWS credentials, GitHub access tokens, wallet keystores, and browser login databases. Consequently, compromised systems could expose both personal and corporate infrastructure tied to crypto projects.　　Researchers identified several suspicious Rust packages on Crates.io, including sui-framework-helpers, move-analyzer-build, and sui-move-build-helper. Additionally, npm packages carried names such as crypto-credential-scanner and wallet-security-checker. PyPI packages included eth-security-auditor and defi-risk-scanner.　　The attackers relied on

05-26Industry

Canton Network ETP Goes Live, but CC Extends 24H Decline

The Bitwise Canton ETP (BWCC) gives investors regulated exposure to CC through traditional brokerage accounts and is fully backed by tokens held in cold storage. The launch follows growing institutional interest in Canton-related products, including a recently launched US ETF by 21Shares. Despite the development, CC fell 3.1% over the past 24 hours and traded near $0.1606 at press time.　　Bitwise Launches Canton ETP　　Bitwise expanded its European crypto investment lineup after a new exchange-traded product () tied to the native token of the Canton Network. Canton is a privacy-focused permissioned blockchain that attracted participation from several major financial institutions.　　The new product is known as the Bitwise Canton ETP (BWCC), and it officially began trading on Deutsche Börse Xetra on Tuesday. It offers investors exposure to Cantons native token, CC, through traditional brokerage platforms without the need for a crypto wallet.　　According to Bitwise, the ETP tracks the Kaiko CANTO Reference Rate LDNLF index and is fully backed by CC tokens that are held in cold storage. The product carries an annual expense ratio of 0.85% and was issued through Bitwise Europe GmbH in Germany.　　Bitwise Managing Director and Head of Europe Bradley Duke described Canton Network as a blockchain that is specifically built

05-26Industry

XRP Crowd Fear Deepens As Santiment Points To Possible Rebound

XRP crowd sentiment has deteriorated to its weakest level in three weeks, according to a Santiment Intelligence chart shared on X, putting the token back in what the analytics firm described as a historically relevant “FUD zone.”　　Santiment said the ratio of positive to negative social media commentary around XRP has dropped to just 1.1 bullish comments for every bearish comment. In the chart, the positive-to-negative sentiment ratio sits near 1.104 on May 25, close to the lower fear threshold marked by Santiment, while XRPs price line hovered around the mid-$1.30 area.　　“XRP‘s crowd sentiment has swung sharply negative again, with the ratio of positive to negative commentary dropping to just 1.1 bullish comments for every 1 bearish comment,” Santiment wrote. “Historically, this kind of fear and skepticism has often acted as a contrarian signal for XRP’s price.”　　What This Means For XRP Price　　The point of the signal is not that bearish commentary has overtaken bullish commentary outright. Rather, it shows that the balance of social discussion has compressed sharply toward parity. For a token that often trades heavily on retail sentiment, legal narratives, exchange-flow speculation and broader altcoin risk appetite, a sharp decline in crowd confidence can matter because it may indicate

05-26Industry

Stablecoin Yield Platform TownSquare Secures $16.25 Million From WLFI, OKX

Instead of a user manually lending on Aave or farming on another protocol, TownSquare does the routing and infrastructure part itself.　　So for a normal user, the experience is essentially Deposit stablecoins and earn yield.　　As of writing, Townsquares TVL has reached $46.4M. The platform currently supports EVM ecosystems including Monad and BNB Chain, with initial yield vaults expected to include USD1, USDC, cbBTC, tokenized gold, and other RWAs through partner integrations.　　The funding follows after its announced plans last week with WLFI for a $100 million UhSD1 pipeline. With that, WLFI alongwith Townsquare aims at scaling institutional and on-chain yield products for its USD1 stablecoin.　　Amid CLARITY Act Debate　　As mentioned, the funding becomes particularly notable as stablecoin yield products remain at the center of the ongoing CLARITY Act debate in the United States.　　The proposed legislation has faced months of delays. These are over disagreements tied to stablecoin rewards, DeFi protections. For months, lawmakers have been examining questions around whether crypto platforms should be allowed to offer yield products lest they ruin traditional banks.　　However, last week, the Senate Banking Committee advanced the bill in a 15-9 bipartisan vote. This was after lawmakers introduced a compromise proposal around stablecoin yield provisions. Also, Senator Synthia recently

05-26Industry

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