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Brian Armstrong rebukes Dimons stablecoin attack

Brian Armstrong fired back at Jamie Dimon on Friday with a meme, after the JPMorgan CEO attacked him on live TV.Jamie Dimon appeared on Fox Business on May 29, calling Armstrong “full of sh!t” and vowing that banks will fight the Clarity Acts stablecoin provisions.Armstrong responded on X with a hockey-themed meme depicting himself and Dimon facing off, while Galaxy CEO Mike Novogratz publicly backed Armstrong.Dimons core objection is that the Clarity Act lets crypto firms effectively pay interest on stablecoin deposits without bank-level oversight.　　Coinbase CEO Brian Armstrong posted a hockey-themed rivalry meme on X on Friday, hours after JPMorgan Chase CEO Jamie Dimon appeared on Fox Businesss and called Armstrong “full of sh!t” over his lobbying push for the Digital Asset Market Clarity Act.　　The exchange escalated a months-long public feud between Wall Street‘s largest bank chief and crypto’s most prominent exchange CEO, now centred on a single sticking point: whether crypto platforms should be allowed to pay yield on stablecoin balances without submitting to bank-style regulation.　　What Dimon said and what it means　　Appearing on Fox Business on May 29, Dimon said: “It allows cryptocurrency firms to effectively pay interest on deposits, stablecoins or something like that, without the protection that

05-30

Solana Price Prediction: SOL Below $83, $60 Still in Play

Solana remains below the $83.05 weekly open after losing its higher range, keeping the $61.14 support area in focus. The latest heatmap also shows high leverage longs have been cleared, leaving SOL between downside risk and possible upside liquidity near $88 to $90.　　Solana Price Risks Drop Toward $60 as SOL Stays Below Weekly Open　　Solana is trading below key weekly resistance as analyst BitDealer says SOL could move toward $60.　　The weekly chart shared on X shows SOL below the weekly open near $83.05 after a sharp breakdown from the higher range. The price is also far below the yearly open near $124.44, which remains a major upside level.　　Solana Weekly Chart. Source:　　The chart shows SOL losing the orange range that held during late 2024 and 2025. That breakdown pushed price into a lower consolidation area, where buyers have not yet reclaimed the former support zone.　　The first major resistance now sits near the weekly open at $83.05. Above that, the monthly resistance near $99.76 would be the next level buyers need to recover.　　BitDealers downside target points toward the weekly support near $61.14. That level sits below the current range and marks the next major support zone on the chart.　　If SOL fails to reclaim

05-30

Bybit Revamps Open Interest Reporting to Boost Market Transparency

It is the intention of this modification to promote comparability among derivatives platforms and to increase transparencyAs a result of this shift, Bybits reporting methodology is brought into alignment with procedures that are typically used throughout global derivatives markets.　　With effect from June 11, 2026, Bybit, the cryptocurrency exchange that is the second-largest in the world in terms of trading volume, has stated that it would be updating the technique that it uses to calculate Open Interest (OI). As a result of this transition, the counting of OI will shift from being bilateral (dual-sided) to being unilateral (single-counted). As a result of this shift, Bybits reporting methodology is brought into alignment with procedures that are typically used throughout global derivatives markets.　　Although it is anticipated that the presented OI values would seem to be lower owing simply to the changed counting approach, this is merely a reflection of a change in the procedures that are used to calculate. The actual positions held by traders, the restrictions placed on those positions, the margin requirements, the computations of profit and loss, and the risk exposure remaining unchanged.　　It is the intention of this modification to promote comparability among derivatives platforms and to increase transparency. Traders

05-30

Is LABs current rally real? Price rises 16% on Futures buying

LABs [LAB] price rose by double digits in the past 24 hours, clocking more than 16% in gains.　　The rally comes after weeks of scrutiny following a call-out by crypto investigator ZachXBT for an alleged scam. ZachXBT noted irregularities in the supply dynamics of the token, but that seems to have cooled off.　　LAB price teases breakout but drops back　　The rally came after the altcoin broke out from a sideways consolidation that had lasted for 14 days. Before this consolidation, LAB had made an all-time high (ATH) of $7.77.　　While the two-week price range denotes accumulation, these traders were doing so in a premium zone. As per the Fibonacci Retracement tool, LAB was trading above the 50% level, but its price had wicked below that level several times.　　The Stochastic Momentum Index (SMI) was still trading above the neutral level while MACD bars indicated buyer strength.　　Source: LAB/USDT on TradingView　　However, LAB was struggling to stay above this breakout. The price is slowly returning to the range, though bulls are fighting to keep it above $4.87.　　Futures‘ positive inflows vs. Spot’s mixed flows　　On the Futures market, CoinGlass data shows that capital inflows exceeded outflows. In the past 24 hours alone, derivative traders had pumped more than $8.46

05-30

Sui Mainnet Freezes Again, Raising Reliability Concerns

Sui stalls again, freezing DeFi, swaps, and transfers across its Layer-1 blockchain network.Repeated outages raise doubts over Sui scalability during the rapid ecosystem expansion phase.Validators halt while RPC stays online, but users still face frozen transactions and apps.　　Sui‘s blockchain stalled again after a fresh mainnet disruption froze transactions across the network, raising renewed concerns about its stability. The outage halted transfers, DeFi activity, swaps, gaming operations, and wallet interactions on one of crypto’s fastest-growing Layer-1 chains.　　Sui confirmed the issue on X, writing, “Sui mainnet is currently experiencing a network stall.” The team said developers are actively investigating and will release a full incident report later, while traders and developers reassess the networks reliability during a key growth phase.　　Sui mainnet is currently experiencing a network stall. Network activity may be paused at this time.　　The disruption came just days after Sui restored operations from another five-hour outage linked to a software bug. Developers previously traced that incident to a “crash bug in the gas charging logic introduced by the 1.72 release.” Although validators later patched the system and resumed activity, the latest stall has again highlighted ongoing risks around scalability and validator coordination.　　Validators Halt While RPC Nodes Stay Online　　Suis status page classified

05-30

Ripple (XRP) Price Bounces 2% on Continued ETF Inflows: Whats Next?

That follows yesterdays positive reading, when these products saw about $1.77 million in inflows despite the broader crypto market downturn.　　The inflows may not be massive, but they do indicate a temporary trend, with institutions continuing to accumulate XRP amid market instability.　　The continued streak gives bulls a positive narrative, but ETF demand alone has definitely not been enough to fully reverse the broader downtrend observed in XRPs price.　　You may also like:XRP Price Outlook: Key Levels to Watch　　From a technical perspective, XRPs 2% daily bounce is encouraging, but it is far from being a signal for a confirmed trend reversal. The token has recently slipped toward its lowest level since March, with the $1.20 region continuing to serve as a key support level.　　The first major upside level to watch is around $1.4.　　As we recently reported, XRPs 100-day moving average sits near that zone, making it a key resistance level for buyers to reclaim. A successful breakout above it could open the door to a move toward $1.5-$1.6 and improve short-term sentiment.　　On the downside, a clean break below $1.20 would be a bearish signal, potentially exposing the altcoin to a deeper correction. This becomes especially true if Bitcoin and the broader crypto market

05-30

Digital Chamber Pushes Senate to End Gridlock with CLARITY Act

Clarity Act News: The Digital Chamber, a crypto advocacy organization with over 250 members, has escalated a coordinated lobbying campaign urging the U.S. Senate to pass the Digital Asset Market Clarity Act (CLARITY Act), formally numbered H.R. 3633, framing the bill as the industrys last realistic legislative window for federal market structure rules before Congress adjourns for its summer recess.　　The campaign, which now encompasses more than 100 crypto firms alongside parallel tracks run by the Crypto Council for Innovation and the Blockchain Association, follows the Senate Banking Committees 15-9 bipartisan advancement of H.R. 3633 on May 14, 2026.　　Digital Chamber CEO Cody Carbone has publicly stated that the ethics provisions still embedded in the bill will be resolved before Senate leadership schedules a floor vote.　　This is not simply a routine instance of crypto lobbying pressing Congress for favorable treatment. It is a precisely timed institutional intervention designed to close the procedural gap between committee advancement and floor scheduling, the specific window in which bills with bipartisan momentum most frequently stall under filibuster arithmetic, competing calendar priorities, and coordinated opposition, while simultaneously creating a legislative record that reframes the industrys central grievance: a decade of regulation by enforcement conducted through agency action

05-30

Paxos Wins SEC Clearing Agency Registration

Blockchain infrastructure platform and stablecoin issuer Paxos said it has become the first “blockchain-native” firm that the US Securities and Exchange Commission has granted registration as a clearing agency.　　Paxos said on Thursday that its subsidiary, Paxos Securities Settlement Company, has become “the only blockchain-native firm” that the SEC approved to provide clearing and settlement services as a central securities depository in the US.　　The approval represents a “critical piece of financial market infrastructure” as blockchain technology and traditional capital markets continue to converge, the company added.　　Clearing agencies ensure securities trades are executed cleanly. Stock buyers and sellers do not trade directly and need clearing and settlement providers that verify the trade, match the buyer and seller, and then ensure the actual exchange of money and securities happens correctly.　　A registered, SEC-approved blockchain clearinghouse removes barriers for banks and brokerages to build crypto-based infrastructure.　　In October 2019, the SEC issued a no-action letter allowing Paxos to pilot a blockchain-based settlement service for US equities, and the service launched in February 2020.　　Paxos said the pilot demonstrated that blockchain-based post-trade infrastructure could deliver same-day settlement, reduce costs and improve operational efficiency within a fully regulated framework.　　“Our clearing agency registration is the result of seven years of

05-30

Michael Saylor’s Strategy Faces Fresh Questions After $30M BTC Move

The same market showed lower but rising odds for shorter timelines. Traders placed a smaller probability on a sale by May 31, 2026, while the June 30, 2026, contract moved much higher. That structure shows that users expect a possible sale over time rather than an immediate disposal.　　Meanwhile, Strategy recently used about $1.5 billion to repurchase outstanding convertible notes at a discount. That move marked a pause from its usual Bitcoin accumulation pace and added questions about how the company will manage future obligations.　　Related: CryptoQuant Warns Record BTC Holder Supply May Be Hiding Market Weakness　　Saylor has previously said that Strategy could sell some Bitcoin to pay a dividend. During a recent earnings call, he said the company may sell part of its holdings to show the market it can do so if needed.　　That comment followed years of strong public messaging around long-term Bitcoin accumulation. In February, Saylor told CNBC that Strategy would keep buying Bitcoin every quarter forever. The change in tone has made recent wallet activity more sensitive for traders.　　Additionally, Strategy reported a record quarterly net loss of $12.54 billion, adding pressure on discussions about funding, dividends, and preferred securities.　　The debate over Strategy‘s market influence also continues. Some critics

05-30

Digital Chamber Pushes Senate to End Gridlock with CLARITY Act

Clarity Act News: The Digital Chamber, a crypto advocacy organization with over 250 members, has escalated a coordinated lobbying campaign urging the U.S. Senate to pass the Digital Asset Market Clarity Act (CLARITY Act), formally numbered H.R. 3633, framing the bill as the industrys last realistic legislative window for federal market structure rules before Congress adjourns for its summer recess.　　The campaign, which now encompasses more than 100 crypto firms alongside parallel tracks run by the Crypto Council for Innovation and the Blockchain Association, follows the Senate Banking Committees 15-9 bipartisan advancement of H.R. 3633 on May 14, 2026.　　Digital Chamber CEO Cody Carbone has publicly stated that the ethics provisions still embedded in the bill will be resolved before Senate leadership schedules a floor vote.　　This is not simply a routine instance of crypto lobbying pressing Congress for favorable treatment. It is a precisely timed institutional intervention designed to close the procedural gap between committee advancement and floor scheduling, the specific window in which bills with bipartisan momentum most frequently stall under filibuster arithmetic, competing calendar priorities, and coordinated opposition, while simultaneously creating a legislative record that reframes the industrys central grievance: a decade of regulation by enforcement conducted through agency action

05-30