Author: WebDesk

Caroline Bishop May 29, 2026 14:26 Bitcoin ETFs saw $2.8B in outflows over nine days, led by BlackRock’s IBIT with $2B withdrawn. Institutional demand weakens as BTC drops to $72,745. U.S.-listed spot Bitcoin ETFs have posted a record nine-day streak of outflows, with $2.8 billion drained through May 29, 2026, according to data from Farside Investors. This marks the longest withdrawal streak since these funds launched in January 2024, underscoring cooling institutional demand for Bitcoin exposure. BlackRock’s iShares Bitcoin Trust (IBIT), the largest U.S. spot Bitcoin ETF by assets, accounted for $2 billion…

Strategy transferred 411.48 BTC worth approximately $30.3 million to Coinbase Prime, triggering speculation about a potential Bitcoin sale. The BTC price is just 1.5% away from attempting a breakdown below the support trendline of a 4-month-long channel pattern.  The ongoing correction in BTC could seek bullish support at $72,200, $65,200, and $60,000. The original cryptocurrency, Bitcoin, shows a slight drop of 0.5% ahead of Friday’s U.S. market hours to currently trade at $73,138. While escalating U.S.-Iran military conflicts triggered the initial market retreat, the intraday sell-off rapidly deepened as a wave of investor panic took hold. Market sentiment was shattered…

The Sui price has seen a significant market crash following the network outage.  The network has been facing technical issues for the past two days. The current accumulation zone may possibly push the price up. The Sui Network has been facing a major outage for the past two days. As the mainnet continues to face significant technical issues for the second consecutive day, the SUI price is now under pressure. Notably, the official X account of the Sui Network has warned users about a temporary pause in network activity. As the outage is linked to the mainnet settlement issues, the…

An unknown actor broadcast a Bitcoin transaction Thursday evening embedding the full text of the U.S. Constitution onto the blockchain — permanently and without the possibility of removal. The transaction, confirmed at 8:25 p.m. UTC on May 28, cost 113,454 satoshis, or about $83.41 in fees, and was processed by mining pool SpiderPool just 14 minutes after it hit the network.  At 44.4 kilobytes, the transaction is far larger than a standard Bitcoin transfer — its bulk comes from the Constitution’s full text, beginning with “We the People of the United States,” written into an OP_RETURN output field and recorded…

Bitcoin has stabilized near $73,000 after a three-day slide, but bearish chart signals suggest the correction may not be over. Summary Bitcoin price stabilized near $73,000 after a three-day sell-off driven by Iran-related geopolitical tensions, heavy ETF outflows, and leveraged liquidations. Bearish technical indicators, including a rounded-top pattern, MACD crossover, and weakening weekly momentum, suggest further downside risks remain. Traders are closely watching support near $72,500, while easing U.S.-Iran tensions and a potential ceasefire extension have helped calm market sentiment. According to data from crypto.news, Bitcoin (BTC) price was trading around $73,200 at press time, recovering modestly after briefly falling…

Solana rallies fast when risk is on — and sells off even faster when macro sentiment flips. That high-beta profile catches many investors off guard, especially around data releases or liquidity shocks.The April 2026 CPI print accelerated that pattern: headline inflation came in hot and triggered a broader de-risking in mid-May, with SOL among the notable underperformers during the week that followed U.S. Bureau of Labor Statistics (CPI release). At the same time, realized volatility for SOL sat at elevated levels into late May — roughly 41% (1-week), 43% (1-month), and 55% (3-month) annualized — far above most large-cap peers…

Banking giant with an AUM of $7.4 trillion, Morgan Stanley has quietly disclosed its XRP holding-linked exchange-traded funds, marking. While the holdings are relatively small, the disclosure is drawing attention because it comes as institutional interest in XRP products continues to grow and U.S.-listed XRP ETFs attract fresh investor inflows.Morgan Stanley Reports First XRP-Linked ETF HoldingsAccording to its latest Q1 2026 13F filing with the U.S. Securities and Exchange Commission, Morgan Stanley revealed holdings in two XRP-focused ETFs.The investment bank reported owning 1,700 shares of the Volatility Shares XRP ETF and 100 shares of the Grayscale XRP ETF (GXRP).Comparing it…

Acting Texas Comptroller Kelly Hancock on Thursday announced the members of the Texas Strategic Bitcoin Reserve Advisory Committee, a newly created body tasked with guiding the state’s management, custody, and valuation of bitcoin holdings.  The committee was established under Senate Bill 21, passed by the 89th Texas Legislature and signed into law on June 22, 2025 — making Texas one of the most prominent states in the nation to move forward with an operational bitcoin reserve. “The Legislature gave the Comptroller’s office a clear responsibility to administer the Texas Strategic Bitcoin Reserve, and that work must be done with transparency,…

Peter Zhang May 29, 2026 11:21 Texas plans to shift its $10M Bitcoin reserve from BlackRock’s ETF to direct BTC custody, seeking greater control and transparency. Texas is preparing to transition its $10 million Strategic Bitcoin Reserve from BlackRock’s iShares Bitcoin Trust (IBIT) ETF to directly held Bitcoin, according to a state request for proposals (RFP). The move signals the state’s intent to gain greater control over its Bitcoin holdings and marks a step toward building a state-level crypto infrastructure. The RFP, issued on May 7, outlines plans for a third-party custody provider…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s market cap stood at roughly $1.5 trillion as the sell-off unfolded, with daily trading volume climbing past $32 billion — a sign that traders were moving fast in response to a rapidly shifting news cycle. A Fabricated Deal Sets Off The Selloff The chaos started when Iranian state television reported that Tehran and Washington had agreed on a memorandum of understanding to ease months of conflict. The draft reportedly called for restoring commercial shipping through the Strait of Hormuz within a month, a US troop pullback…