Crypto News

Strategy situation ‘out of hand,’ says Arca exec on $15B preferred stock burden

Image

Strategy’s capital structure may be under pressure as Arca’s Jeff Dorman highlights $15 billion in preferred stock obligations and CEO comments on possible Bitcoin sales.

Published Date: 2026-05-29 12:05:09
Creator: Cointelegraph by Helen Partz
Read More


Texas Bitcoin reserve plans shift from ETF to direct BTC custody

Image

Texas is hiring a crypto custodian to move its $10 million Strategic Bitcoin Reserve from BlackRock’s IBIT ETF into directly held coins and build full state‑level BTC plumbing.

Published Date: 2026-05-29 11:39:38
Creator: Cointelegraph by Christina Comben
Read More


DxSale drained for $7.3M in BNB Chain liquidity exploit

Image

DxSale was drained for about $7.3 million from BNB Chain liquidity providers, raising fresh concerns over old DeFi locker contracts.

Published Date: 2026-05-29 10:42:38
Creator: Cointelegraph by Zoltan Vardai
Read More


OKX Ventures, Korea Investment & Securities to buy 19.6% Coinone stake for $106M

Image

OKX Ventures and KIS to invest $53 million each for a 19.6% stake in Coinone, deepening ties between traditional finance and crypto in South Korea’s tightly regulated market.

Published Date: 2026-05-29 08:31:00
Creator: Cointelegraph by Christina Comben
Read More


SEC approves Paxos as ‘blockchain-native’ clearing agency

Image

Paxos says its approval as a blockchain-focused clearing agency represents a “critical piece of financial market infrastructure” as Wall Street becomes more interested in crypto.

Published Date: 2026-05-29 05:37:25
Creator: Cointelegraph by Martin Young
Read More


Bitcoin’s major holders halt buys as demand slows: CryptoQuant

Image

CryptoQuant says that the holding structure for large Bitcoin holders is deteriorating, a trend that has historically preceded “sustained price weakness.”

Published Date: 2026-05-29 04:33:46
Creator: Cointelegraph by Martin Young
Read More


Sui Network back online after ‘crash bug’ causes 6-hour outage

Image

The Sui mainnet has resumed after a bug in a network update took it offline for 5 hours and 55 minutes.

Published Date: 2026-05-29 04:08:41
Creator: Cointelegraph by Stephen Katte
Read More


Bitcoin’s trapped under $74K while $9B options expiry looms: Are bears back in control?

Image

Bears hold the upper hand for Friday's $9 billion options expiry, keeping Bitcoin under pressure amid heavy ETF outflows and corporate selling

Published Date: 2026-05-29 03:44:40
Creator: Cointelegraph by Marcel Pechman
Read More


Buy $72K dip, or jump ship: What will Bitcoin bulls do?

Image

Investors selling across spot, futures and ETF markets pushed Bitcoin into its monthly range lows near $72,000 but data shows retail investors buying the dip and opening longs.

Published Date: 2026-05-29 01:10:12
Creator: Cointelegraph by Antonio Oliveira
Read More


Gemini taps Grok for personalized AI-powered prediction market feeds

Image

Gemini is leaning into AI features for its prediction market, following other crypto exchanges in moving beyond crypto trading amid a market slump.

Published Date: 2026-05-29 00:59:09
Creator: Cointelegraph by Brayden Lindrea
Read More