Following the news, bitcoin fell 3.6% to a multi-week low of $72,622 before stabilizing just above $73,000. The sudden volatility triggered a massive market sell-off, wiping out over $930 million in leveraged positions.

With Bitcoin mining economics under pressure from historically low hashprice levels of mining revenue and rising network competition, AI and HPC infrastructure revenue has emerged as a stabilizing and, in some cases, significantly larger growth driver.

Banca Sella has completed its notification process with the Bank of Italy, clearing the way for it to offer crypto custody and transfer services. The bank plans to launch the services in 2026 for selected customer groups.

Financial analyst and Stansberry Research founder Porter Stansberry has told Anthony Pompliano that the U.S. is heading toward a sweeping monetary reset by 2029, pointing to Social Security’s structural collapse, accelerating dollar debasement, and more.

South Korean prosecutors have arrested and indicted five suspects in what authorities say is the country’s first criminal case targeting a rug pull on a decentralized exchange, with the alleged scheme leaving 256 investors with approximately $600,000 (900 million won) in combined losses.

A senior CIA official with top-secret clearance was arrested May 19, 2026, after FBI agents pulled 303 one-kilogram gold bars, roughly $2 million in cash, and about 35 luxury watches, many of them Rolexes, from his Fairfax County, Virginia, home.

Crypto exchanges face new U.K. enforcement pressure after Britain targeted Russia-linked sanctions-evasion networks using digital assets. The package names 18 exchanges, banks, payment providers, corporate entities, and individuals tied to crypto and financial channels.

BTC spot volume has plunged across major exchanges, reviving comparisons with the late-stage bear market conditions that preceded the 2023 recovery. Binance activity fell from $198.6 billion to $36.4 billion, part of a broad market slowdown.

Trump vowed to cement a durable U.S. crypto framework, saying his administration will protect digital asset markets from future political reversals. He also pledged that his administration would “never let crypto down,” tying bitcoin, exchanges, and digital asset innovation to America’s financial future.

Grayscale Research cast Hyperliquid as a standout DeFi contender with potential to scale into a major on-chain financial services platform. Its report points to trading growth, exchange-style network effects, and token mechanics linked directly to platform demand.

Coinbase is expanding fiat access for institutional crypto clients through Standard Chartered, adding multi-currency funding access across six major currencies. The setup targets deposits, withdrawals, settlement, and more efficient funding for global trading strategies.

With bitcoin down roughly 2.8% over the past seven days and the price touching a weekly low of $74,530 per coin, sleeping bitcoin wallets continue to awaken and relocate long-held funds. At block height 951160, 103.96 BTC valued at $7.8 million at current exchange rates moved for the first time in more than 12 years.

Cross-border payments platform Nium and stablecoin issuer Circle Internet Group Inc. have launched a partnership to connect onchain digital dollar settlement with traditional last-mile fiat payouts.

Polymarket, one of the world’s largest prediction market platforms, is tightening its grip on anonymous access by pushing traders to complete identity verification, according to a May 27, 2026, report from The Information.

Kraken launched Bitcoin Vault on Wednesday, giving long-term bitcoin holders a way to earn up to 2.5% annual percentage yield on idle BTC without selling or giving up price exposure.