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Cointelegraph.com - 14:26 May 28, 2026
Standard Chartered reaffirms bullish Ether price targets, citing strong network fundamentals even as ETH trades 57% below its 2025 peak and fund flows turn negative. Standard Chartered says Ethereum’s network activity remains close to record levels even as Ether (ETH) trades far below last year’s highs, arguing that the gap between usage and price could eventually narrow. Ethereum’s internal metrics, including transaction counts and total value locked in ETH terms, remain close to record levels, according to a Thursday report from Standard Chartered’s digital assets research team. ETH has fallen about 57% from its August 2025 peak of above $4,800 to under $2,000 at the time of writing, according to Coingecko data. StanChart's global head of digital assets research, Geoff Kendrick, reaffirmed its price targets of $4,000 by the end of 2026 and $40,000 by 2030, implying a return of the ETH/BTC ratio to its 2021 highs around 0.08. Read more -
Cointelegraph.com - 13:52 May 28, 2026
Bitcoin approached the final week of CME futures gaps with several still open, providing potential BTC price targets as low as $67,000. Bitcoin (BTC) has created its last classic price magnet as a staple chart feature disappears forever. Key points: Read more -
Cointelegraph.com - 13:40 May 28, 2026
XRP breaks key support at $1.30 as bearish technical setups and weak investor sentiment point to a deeper correction toward $0.63. XRP (XRP) price dropped to $1.26 on Thursday, its lowest in over 16 weeks. A bearish technical setup suggested that the pressure may extend into June. XRP/USD daily chart. Source: Cointelegraph/TradingView Read more -
Cointelegraph.com - 13:28 May 28, 2026
Aave Labs’ Push received FCA approval for “certain cryptoasset activities” in the UK, supporting its plans for regulated stablecoin on- and off-ramping. Aave Labs' UK subsidiaries, Push Labs Ltd. and Push Virtual Assets Ltd., known together as Push, received Financial Conduct Authority (FCA) cryptoasset registration as cryptoasset exchange providers under the UK’s current Anti-Money Laundering regime. The registration was obtained for “certain cryptoasset activities” and supports the decentralized finance (DeFi) company's plans to build regulated stablecoin on- and off-ramping infrastructure in the country, Aave said Thursday. Aave Labs’ Push describes itself as a “simple way to move between Euros and stablecoins,” according to its homepage. The FCA’s online registry shows that the London-headquartered firm has been registered with the regulator since May 12. Read more -
Cointelegraph.com - 12:50 May 28, 2026
Samsung Securities, SDS and Card will buy 4% of Dunamu as Korean firms prepare for tokenized securities and stablecoin frameworks. Samsung Securities, Samsung SDS and Samsung Card will acquire a combined 4% stake in Dunamu, the operator of South Korean crypto exchange Upbit, in a deal that expands Samsung affiliates’ exposure to the country’s digital asset market, local media reported. The three Samsung affiliates held board meetings on Thursday and approved the purchase of 1.39 million Dunamu shares held by Kakao affiliates for 612.8 billion won ($408 million), according to local reports from Yonhap News Agency and ZDNet Korea. Samsung Securities will acquire a 2% stake, while Samsung SDS and Samsung Card will each acquire 1%. The investment extends Samsung’s digital asset push weeks after Samsung SDS reportedly won a contract to build South Korea’s blockchain-based securities platform, placing Samsung affiliates across both regulated tokenized securities infrastructure and private-sector crypto exchange an... -
Cointelegraph.com - 12:49 May 28, 2026
ETH's price has entered a decisive breakdown stage of its prevailing technical pattern, indicating further declines toward $1,750 despite strong retail sentiment. Ethereum's native token, Ether (ETH), slipped below $2,000 for the first time since March, but retail traders have not reacted with panic yet. Key takeaways: As of Thursday, "buy the dip" calls on social media were surging after ETH lost the key psychological support level, according to data resource Santiment. Read more -
Cointelegraph.com - 12:22 May 28, 2026
US spot Bitcoin ETFs have turned negative year-to-date with $596 million in outflows as IBIT posted near-record withdrawals and Bitcoin fell below $75,000. BlackRock’s spot Bitcoin exchange-traded fund (ETF) posted its second-largest daily outflow on record as US Bitcoin funds extended an eight-day redemption streak during a sharp pullback in the cryptocurrency to below $75,000. BlackRock’s iShares Bitcoin Trust (IBIT) saw $527.8 million in net outflows on Wednesday, helping push total withdrawals from US spot Bitcoin ETFs to $733.4 million for the day, according to data from Farside Investors. The outflows marked IBIT’s second-largest daily loss since launch, slightly below the fund’s record $528.3 million outflow on Jan. 30, 2026. Read more -
Cointelegraph.com - 12:09 May 28, 2026
An unknown entity burned $8.5 million worth of Bitcoin after 12 years of holding, rendering the BTC unspendable, despite its price increasing by 12,700%. An unknown entity burned 107 Bitcoin, worth about $8.5 million at the time, effectively removing them from spendable circulation and sparking numerous theories after holding the funds for over 12 years. On Monday, five Bitcoin (BTC) addresses sent a total of 107 BTC to the old burn address starting "11111," rendering them provably unspendable, according to onchain data shared by Galaxy Research in a Wednesday X post. The transfer brought the total amount of Bitcoin sent to the burn address to 807 BTC, worth about $59 million at press time, according to blockchain data platform Arkham. Read more -
Cointelegraph.com - 10:30 May 28, 2026
Polymarket executive Josh Stevens said identity checks apply only to early beta access and are not being added to Polymarket’s existing platform. Polymarket’s vice president of engineering, Josh Stevens, clarified that the prediction market platform is not adding mandatory Know Your Customer (KYC) checks to its existing service, after a report said the company had considered user verification requirements. Stevens said in an X response that Polymarket is launching a new beta product for a select group of users and that KYC is required only to access the beta during its early test period. “No KYC is being added to any part of existing polymarket.com with this launch,” Stevens wrote. He said that once the product is out of beta, no KYC will be required to use it. He later addressed questions about whether KYC could be added later, saying “no” and clarifying that he was “just highlighting” that identity checks are tied to early access for a new beta product rather than a broader move away from pseudonymous trad... -
Cointelegraph.com - 09:48 May 28, 2026
The Bank for International Settlements' collaboration with seven central banks and more than 40 institutions concludes a two-year project with a prototype settling wholesale payments in seconds. The Bank for International Settlements (BIS) released a report Wednesday on Project Agorá, an experimental prototype for cross-border wholesale payment. The BIS said the report shows how seven central banks and more than 40 regulated financial institutions can settle cross-border wholesale payments in seconds once liquidity is locked, while reducing credit and settlement risk through atomic settlement using tokenized central bank reserves and commercial bank deposits. The initiative marks one of the broadest collaborations yet between central banks and private lenders, exploring how tokenization could modernize global payments infrastructure. Read more -
Cointelegraph.com - 09:44 May 28, 2026
Over $935 million was wiped out across the crypto market as traders shifted their focus to $70,000 as the last line of defense for Bitcoin. Bitcoin (BTC) sold off into the early Asian trading session on Thursday as the drop to $72,600 produced significant liquidation of leveraged positions across the crypto market. Key takeaways: The BTC/USD pair fell as low as $72,620 on Thursday, reversing all gains made since April 13 after the US reportedly carried out a new wave of military strikes on Iran. Read more -
Cointelegraph.com - 07:17 May 28, 2026
Around 47% of crypto organizations onboarded in 2026 are operating at alerting standards that would have ranked among the industry’s strictest five years ago. Nearly half of the organizations onboarded into the crypto industry in 2026 are operating at alerting standards that would have made them industry leaders only a few years ago, according to Chainalysis. In a preview of a report published on Wednesday, Chainalysis said that the crypto industry’s compliance baseline around alert severity, trigger sensitivity and minimum dollar detection floors is tightening, with about 47% of organizations onboarded this year using alerting standards that would have placed them in the top 10% of strictness in 2020. It added that companies have become more uniform in direct monitoring, where funds arrive immediately from a known illicit source, but there is still a gap with indirect monitoring, where the funds pass through intermediary addresses. Read more -
Cointelegraph.com - 07:00 May 28, 2026
The physically backed fund gives US investors exchange-traded exposure to the Binance-linked cryptocurrency through traditional brokerage accounts. VanEck launched the first US spot BNB exchange-traded fund on Thursday, giving investors regulated exposure to the Binance-linked cryptocurrency through traditional brokerage accounts. The ETF, trading under the ticker VBNB, is physically backed by BNB (BNB) held in cold storage with a qualified custodian, according to the announcement. BNB is the native token of BNB Chain and is used to pay transaction fees across the network. According to VanEck, the fund is designed to track the spot price of BNB and may later incorporate staking if the issuer determines it can do so without regulatory or legal complications. Read more -
Cointelegraph.com - 06:54 May 28, 2026
The crypto market capitalization has fallen to its lowest level since mid-April after the US carried out strikes on Iran for the second time in three days amid peace talks. Cryptocurrency markets have shed around $80 billion in value over the past 24 hours, with losses accelerating after the US reportedly carried out a new wave of military strikes on Iran. The US military carried out new strikes late on Wednesday targeting an Iranian military site and shooting down four Iranian attack drones, which a US official told Reuters posed a threat around the Strait of Hormuz. “These actions were measured, purely defensive, and intended to maintain the ceasefire,” the official said. Iran’s Islamic Revolutionary Guard Corps reportedly released a statement saying that it has retaliated by attacking a US airbase in Kuwait. Read more -
Cointelegraph.com - 06:41 May 28, 2026
The CFTC claimed that its settled complaint filed under the Biden administration relied heavily on a whistleblower’s allegations that Gemini inflated trading activity to distort user demand. The US Commodity Futures Trading Commission has asked a federal court to vacate its $5 million settlement with crypto exchange Gemini, claiming that the agency’s enforcement action was based on flawed allegations. Gemini settled with the CFTC and paid a $5 million fine in January 2025 in the final weeks of the Biden administration after the agency accused it of making false or misleading statements related to a Bitcoin futures contract. The CFTC filed a joint motion with Gemini in a Manhattan court on Wednesday seeking to vacate the settlement, adding in a statement that it had reviewed the matter and concluded that the “complaint should not have been filed — and would not have been under current enforcement standards.” Read more -
Cointelegraph.com - 22:30 May 27, 2026
Payment volume on crypto-linked credit and debit cards has been steadily increasing since 2024, reaching about $7.8 billion in cumulative transactions this month. Monthly payment volume on crypto-linked debit and credit cards is up about 230% over last year, amid a proliferation of crypto-related payment products. Cumulative volume on crypto-linked payment cards reached $7.8 billion this month, according to The Kobeissi Letter, a market research publication. Payments giant Visa is capturing about 90% of crypto card transactions through partnerships with onchain native companies like Jupiter Global, analysts at The Kobeissi Letter said. Read more -
Cointelegraph.com - 22:04 May 27, 2026
Weakening spot demand, miner inflows to exchanges and freshly opened shorts put downside pressure on Bitcoin price. Bitcoin (BTC) miner inflows to Binance crossed 20,000 BTC for only the second time this year, placing fresh pressure on Bitcoin’s daily uptrend near the $75,000 support zone. Will BTC defend its higher-timeframe bullish structure, or is the market on the verge of a broader bearish trend shift? Crypto analyst Amr Taha said miners transferred roughly 21,000 BTC to Binance on May 18, close to the 23,150 BTC sent on Feb. 5. Large miner deposits are often tied to potential selling activity as miners move BTC to exchanges to cover operating costs. Read more -
Cointelegraph.com - 21:36 May 27, 2026
The predictions market operator reportedly explored mandatory user verification requirements, breaking from its policies of allowing traders to access its services using pseudonyms. Prediction markets platform Polymarket is reportedly considering measures to verify users in response to pressure from global authorities over sanctions violations and other areas of legal risk to the company. According to a Wednesday report by The Information, Polymarket has considered mandatory user verification requirements more in line with Know Your Customer (KYC) standards. The move comes as multiple countries have blocked or restricted access to the predictions market platform over concerns about illegal gambling. Source: Polymarket Read more -
Cointelegraph.com - 20:51 May 27, 2026
Accredited investors can buy and sell the gold-backed GLDY token through permissioned liquidity pools operating on the Solana blockchain. Tokenized commodities platform Streamex said it is launching a Solana-based marketplace for trading tokenized assets in partnership with Orca, a decentralized exchange built on Solana. According to a Tuesday announcement, the trading infrastructure will allow verified accredited investors to buy and sell Streamex’s yield-bearing, gold-backed GLDY token through regulated onchain trading pools operating around the clock. The system uses identity and compliance checks tied to Streamex’s KYC and accreditation process to restrict trading access to approved investors while enabling secondary market liquidity for regulated digital assets. Read more -
Cointelegraph.com - 20:25 May 27, 2026
While crypto-backed candidates won runoffs in Texas on Tuesday, industry PACs have less of a stake in California races next week. After six Republican and Democratic candidates supported by cryptocurrency-backed interest groups won primaries for US House of Representatives and Senate seats in Texas, one of the biggest political action committees (PACs) said it would “aggressively back leaders” supporting crypto policies in the future. On Tuesday, candidates notched six wins for congressional runoff primaries in Texas, supported by media spending and endorsements by the crypto industry-affiliates Fairshake, Defend American Jobs, Protect Progress, Blockchain Leadership Fund and Fellowship PACs. Democrat Christian Menefee primaried incumbent Al Green for Texas’ 18th congressional district and Republican state Attorney General Ken Paxton won against incumbent Senator John Cornyn with more than 63% of the vote. Four other Republican candidates — Tom Sell, Alex Mealer, Jon Bonck and Carlos De La Cruz — also won in ...
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