Justin Sun-Linked Wallet Deposits $1.23 Million of SPK Rewards to HTX, Raising Sale Concerns

A wallet believed to be linked to Tron founder Justin Sun deposited a large amount of Spark (SPK) reward tokens into HTX, prompting speculation on-chain that the tokens could be sold. On-chain analyst Ai wrote in an X post on May 18 that the wallet w

Goldman Sachs Sells Out of XRP, Solana ETFs in First Quarter, Trims Bitcoin Holdings

Goldman Sachs cut its cryptocurrency ETF exposure in the first quarter. The Wall Street bank sold out of ETFs tied to XRP and Solana, while also trimming its Bitcoin and Ethereum fund holdings. Cointelegraph reported on May 18 that Goldman Sachs’ fir

Appeal in First Crypto Market-Manipulation Case Under User Protection Law to Open June 11, With $5.1 Million in Alleged Gains at Issue

The appeals trial in the first market-manipulation case brought under South Korea’s Virtual Asset User Protection Act will begin next month, with prosecutors’ alleged $5.1 million in illicit gains set to be a central issue. NewsDream reported on May

ZKsync Says Institutional Finance Needs Privacy, Interoperability Beyond Public and Private Chains

"Public chains have a transparency problem, while private chains face fragmentation. For institutional finance to expand on-chain, it needs new infrastructure that delivers both privacy and interoperability." Marco Cora, head of the ZKsync Foundation

WLFI Team-Linked Wallets Burn 100 Million Tokens in Apparent Unlock Policy Execution

Wallets linked to the World Liberty Financial team have burned about 100 million WLFI tokens. On May 12, on-chain analysis account EmberCN wrote on X that addresses tied to the WLFI team burned a total of 100 million WLFI over the previous 19 hours.

Iran Strike Disrupts Major UAE Gas Plant; Full Recovery Seen in 2027

A key gas processing facility in the United Arab Emirates is operating below capacity after an Iranian strike, with full recovery not expected until 2027, overseas financial news channel Walter Bloomberg reported on May 12. ADNOC Gas, Abu Dhabi's sta

Starknet Launches Bitcoin-Based Privacy Asset strkBTC

Starknet, the Ethereum layer-2 network, has launched strkBTC, a Bitcoin-based asset with private balance management and anonymous transfer features. The Block reported on May 12 that StarkWare, the developer of Starknet, officially unveiled strkBTC,

Bitcoin Breaks Above $80,000, but Wintermute Says Rally Is Largely a Short Squeeze

Bitcoin climbed above $80,000 and cleared a key technical resistance level, but the latest rally appears to be driven more by a derivatives-led short squeeze than by spot buying, according to Wintermute. In a market report published May 12, the crypt

US Spot XRP ETFs Attract $25.8 Million, Biggest Daily Inflow Since January

US spot XRP exchange-traded funds recorded their largest daily inflow in about four months, a sign that institutional money may be returning to the token as regulatory uncertainty eases. US spot XRP ETFs posted net inflows of $25.8 million on May 11,

Bitcoin Tries to Break Back Above $81,800 Short-Term Holder Cost Basis

On-chain data shows Bitcoin is attempting to move back above the average cost basis of short-term holders, or STHs. A daily close above that level could signal an improvement in market structure. In a CryptoQuant Quicktake report published May 12, an

Coinbase CEO to Meet Republican Senators Ahead of CLARITY Act Vote

Brian Armstrong, chief executive officer of Coinbase, plans to meet with Republican senators ahead of a key vote on the CLARITY Act, a US bill to set market-structure rules for digital assets. Armstrong is scheduled to meet Republican senators on May

Iran Seeks Control of Strait of Hormuz in US Ceasefire Talks

Iran has sought control over the Strait of Hormuz in ceasefire talks with the US, according to reports. The demand has renewed focus on geopolitical risks surrounding the waterway, a vital route for global oil supplies. Walter Bloomberg, an overseas

C1 Fund Says It Has Deployed About 60% of Assets Into Unicorns Including Ripple, Kraken

C1 Fund, a digital-asset fund listed on the New York Stock Exchange, said it has deployed about 60% of its assets into major crypto infrastructure companies including Ripple, Kraken and ConsenSys. BlockBeats reported on May 11 that C1 Fund disclosed

Circle Raises $222 Million in Presale for Arc Blockchain Token at $3 Billion Valuation

Australia Plans Crypto Capital Gains Tax Overhaul That May Raise Costs for Long-Term Holders

Australia is preparing to overhaul capital gains tax rules for long-term investment assets, including cryptocurrencies, by scrapping the current 50% discount and introducing an inflation-indexed system, Cointelegraph reported. The move has sparked co