Kraken Parent Payward to Offer Retail Access to US IPOs at Offering Price

Payward, the parent of US cryptocurrency exchange Kraken, plans to offer retail investors access to US initial public offerings at the offering price. The Block reported on June 3 that Payward will offer access to US IPOs through its xStocks platform

Trump Says Iran Talks Are Moving Quickly, ‘Something Good’ Will Happen

Korbit Launches Crypto Transfer Service Using Mobile Phone Numbers

Korbit, a South Korean cryptocurrency exchange, said June 1 that it has launched a "Send to Contacts" service that allows users to transfer crypto using a mobile phone number. The service lets users send digital assets by entering only the recipient'

Analysis: US Institutional Bitcoin Buying Still Absent, Weakening Case for Further Gains

US institutional investors have yet to return as buyers of Bitcoin, according to a CryptoQuant analysis. CryptoQuant contributor Rich_dady wrote on May 31 that institutions currently moving the market are sellers, not buyers. He pointed to the Coinba

Trump Says US Nears ‘Very Good Deal’ With Iran, Signals Pentagon Role if Talks Fail

President Donald Trump said the US is close to what he called a "very good deal" with Iran. In an interview with Fox News on May 30, Trump said the one guarantee he must secure is that Iran does not have nuclear weapons. He added that Iran had agreed

BNB Jumps 13%, Triggering $12 Million in Liquidations in 24 Hours

BNB surged more than 13%, triggering about $12 million in liquidations in the futures market. According to CoinMarketCap, BNB was trading at $739.85 as of 12:40 p.m. in South Korea on May 31, up about 12.61% from a day earlier. The token has gained n

CFTC Approves Kalshi’s Bitcoin Perpetual Futures, Expanding Into Derivatives

The Commodity Futures Trading Commission has approved the listing of a Bitcoin perpetual futures contract on US prediction-market platform Kalshi. CoinDesk reported on May 29 that the CFTC approved Kalshi to list and trade its Bitcoin perpetual futur

Danish Pension Fund Blacklists SpaceX, Calls It Excessively Overvalued

Danish pension fund AkademikerPension said it has excluded Elon Musk-led space company SpaceX from its investment universe. Anders Schelde, AkademikerPension’s chief investment officer, told Bloomberg on May 29 that the fund will not invest in SpaceX

Paxos Wins SEC Clearing Agency Registration in First for Blockchain Firm

Blockchain infrastructure company Paxos has registered with the U.S. Securities and Exchange Commission as a clearing agency. Paxos said May 28 that its subsidiary, Paxos Securities Settlement Company, or PSSC, was formally registered with the SEC as

Bitcoin Falls to $73,000 Range as CryptoQuant’s Ki Young Ju Says Bear Market May Last Until Early Next Year

Ki Young Ju, chief executive officer of CryptoQuant, said Bitcoin’s bear market could continue until early next year. In a post on X on May 29, Ju wrote that Bitcoin investors’ profit and loss, or PnL, typically declines for about 18 months when prof

Sui Mainnet Temporarily Halted, Recovery Work Underway

Sui's mainnet was temporarily halted. Sui said on its official X account on May 28 that the network was experiencing congestion and that it was actively working on a fix. The project said transactions may currently be paused. It added that it would s

Grayscale Pauses IPO Plan, Earliest Restart May Come in Fourth Quarter

Grayscale has paused its initial public offering plans as weakness in the cryptocurrency market persists. CoinDesk reported on May 28 that Grayscale recently halted work on its IPO. Citing people familiar with the matter, the crypto news outlet said

US April Core PCE Price Index Rises 3.3% From Year Earlier, Matching Forecast

Strategy’s Unrealized Bitcoin Loss Nears $2 Billion as BTC Slides

Strategy, the world’s largest corporate holder of Bitcoin, is sitting on nearly $2 billion in unrealized losses. Data from Death Spiral showed the company’s unrealized loss on its Bitcoin investment stood at about $1.93 billion as of May 28. The loss

KakaoBank to Add Crypto Wallet in App, Accelerate Stablecoin Push

KakaoBank Corp. plans to offer a cryptocurrency wallet service through its app. According to industry officials on May 28, KakaoBank recently began recruiting staff for stablecoin-related roles. The job posting says the role will be responsible for p

BlackRock’s IBIT Sees Record $527.8 Million Daily Outflow Since Launch

BlackRock’s spot Bitcoin exchange-traded fund posted a one-day net outflow of $527.8 million. The Block reported on May 28 that IBIT, BlackRock’s spot Bitcoin ETF, logged net outflows of $527.8 million on May 27. It was the fund’s largest daily net o

Iran's Ambassador to France Says Tehran, Oman Discuss Making Hormuz Transit Fees Permanent

JPMorgan Says Tokenized MMFs Unlikely to Otake Stablecoins Because of Regulatory Hurdles

JPMorgan said tokenized money market funds face structural barriers to overtaking stablecoins. CoinDesk reported on May 21 that JPMorgan wrote in a May 20 report that tokenized MMFs account for only about 5% of the stablecoin market despite offering

WSJ: US to Invest $2 Billion in Nine Quantum-Computing Companies, Including $1 Billion for IBM

Saylor Says Strategy to Expand Bitcoin Purchases by Maximizing STRC Growth

Michael Saylor, chairman of Strategy, the world's largest corporate holder of Bitcoin, said the company aims to maximize growth in its preferred stock STRC to further expand its Bitcoin purchases. BlockBeats reported on May 21 that Saylor said larger

Yardeni Says Bull Market Can Withstand Bond Selloff, Warns on 10-Year Yield Above 5%

Rising U.S. Treasury yields are unlikely to threaten the stock market's bull run, according to Yardeni Research. Walter Bloomberg reported on May 20 that Yardeni said in a note that the climb in Treasury yields and the related bond selloff are not en

Former CFTC Chairman Says US Is Quietly Reviewing CBDC Infrastructure

Former Commodity Futures Trading Commission Chairman Timothy Massad said the US government is still reviewing the possible introduction of a central bank digital currency, or CBDC. In an interview with CoinDesk at the Digital Money Summit 2026 in Lon

South Carolina Enacts Pro-Crypto Law, Formalizes CBDC Restrictions

South Carolina has enacted a pro-cryptocurrency law that codifies protections for activities including crypto mining. The Block reported on May 19 that South Carolina Governor Henry McMaster signed S.163, a cryptocurrency bill, on May 18. The measure

Cathie Wood’s ARK Buys Another $4.4 Million of Bullish Shares After Five-Day Drop

ARK Invest, the asset manager led by Cathie Wood, bought additional shares of US crypto exchange Bullish. The Block reported on May 19 that ARK Invest bought a total of 122,020 Bullish shares this week through three exchange-traded funds, including t

Institutional Era Opens for Digital Assets as Market Center Shifts: EastPoint:Seoul 2026

[Editor's note] The digital-asset industry is no longer confined to a market centered on exchanges and tokens. Institutional capital, stablecoins, tokenized capital markets and artificial intelligence infrastructure are becoming increasingly intercon

Bithumb to Mark Bitcoin Pizza Day With Pizza, Bitcoin Giveaway for First-Time Depositors

Bithumb, a South Korean cryptocurrency exchange, is launching a Bitcoin Pizza Day promotion. The exchange said May 18 that it will run the event through May 31 to mark Bitcoin Pizza Day on May 22, offering pizza and Bitcoin to first-time depositors.

Strive to Pay Daily Dividends on SATA Preferred Stock in US-Listed First

Strive, a Bitcoin digital asset treasury company, plans to pay dividends every business day. CoinDesk reported on May 14 that Strive Chief Executive Officer Matthew Cole announced the company will begin paying cash dividends on its perpetual preferre

Coinbase to Manage Hyperliquid's USDC Liquidity in On-Chain Expansion

Coinbase Global Inc., the US cryptocurrency exchange, will manage Circle's USDC liquidity for global decentralized exchange Hyperliquid. CoinDesk reported on May 14 that Coinbase had been selected as Hyperliquid's official Circle treasury manager. Un

BlackRock Transfers $285 Million of Bitcoin to Coinbase in Potential Sell Signal

BlackRock, the world’s largest asset manager, transferred Bitcoin worth about $285 million to US cryptocurrency exchange Coinbase. Onchain Lens said on May 14 that BlackRock moved 3,581 Bitcoin to Coinbase that day. The holdings are valued at about $

JPMorgan Boosts Q1 Bitcoin ETF Holdings, Raises IBIT Stake 174%

JPMorgan expanded its investment in U.S. spot Bitcoin exchange-traded funds in the first quarter. Cointelegraph reported on May 14 that a 13F filing submitted by JPMorgan on May 13 showed the bank held about 8.3 million shares of BlackRock's iShares