News
29 May 2026, 20:50
Strategy Moves $30M BTC to Coinbase, Sell Odds Hit 84% as US Constitution Etched On-Chain

Bitcoin News Strategy, the largest corporate Bitcoin holder, moved 411.48 BTC worth roughly $30.3 million to Coinbase Prime in a transfer that has set crypto markets on edge. The deposit, broken in...
29 May 2026, 20:40
Treasury Secretary Bessent Says US Has 'Grabbed' $1 Billion in Crypto From Iran

Treasury Secretary Scott Bessent said the U.S. has "outright grabbed" roughly $1 billion worth of cryptocurrencies from Iran via seizures.
29 May 2026, 20:30
Cardano (ADA) Ecosystem Growth Fuels Strong Increase In Staking Activity

Investors’ confidence and interest in Cardano (ADA) and its network capabilities are rising sharply, particularly in the staking sector. While the price continues to face downside pressure, ADA is experiencing a significant increase in staking activity, a trend that allows for a more secure blockchain. Staking Activity On Cardano Accelerates Without a doubt, staking operations have become a huge and critical part of the Cardano network and its ecosystem. As its ecosystem sees persistent growth, ADA staking activity has spiked to notable levels, with a significant portion of supply being moved to staking contracts across the network. According to Everstake, the largest global non-custodial staking infrastructure provider trusted by millions, this part of the network is one thing that deserves serious attention, as it attracts broader participation. In the data shared by the provider, more than 21.75 billion ADA out of the total supply of 37.01 billion ADA is currently staked. This figure represents nearly 58% of all ADA, which is actively being used to secure the network, offering a safe avenue for more operations from old and new players. A development of this kind suggests a massive amount of participation from the Cardano community and a robust sign of long-term engagement within the ecosystem. Furthermore, it points to growing conviction among holders who are interested in locking up their ADA tokens to support network operations and earn rewards. With prices steadily trending downward, investors appear to be seeking alternative measures to secure gains during this volatile period, which is where staking comes into play. Everstake highlighted that the rise in staking is coinciding with Cardano’s continued expansion of its infrastructure and ecosystem activity. When this happens, it is a sign that development across the network is still moving at full speed. In the company’s view, “strong staking participation reflects confidence not only in the present state of a network, but also in its long-term direction.” ADA Whales Are Making Their Presence Known During the continued sideways Cardano price action , large investors’ activity is currently making waves across the market. On-chain data shows that ADA whales are once again making their presence known as they return with the desire to add more ADA to their holdings. Santiment, a crypto intelligence and on-chain data analytics platform, revealed this renewed accumulation activity among wallet addresses holding at least 1 million ADA, also considered as ADA millionaire wallets . After a period of steady buying, these wallet addresses now hold over 25.11 billion ADA combined. As seen in the chart, this marks its highest level since December 2017. By snatching up that many coins, these investors are holding up to 67% of the ADA supply, which represents its highest point since July 2020. When key stakeholders accumulate, Santiment stated that this is generally a sign of confidence from the groups that are most deeply invested and hold the most gain and loss across the market. The development is often classified as a long-term indicator, making it a bullish signal for those who can be patient enough to hold.
29 May 2026, 20:26
Can Ripple’s Fed Master Account Approval Trigger A New XRP Bull Run? AI Model Says $80 Is Possible

Ripple’s possible approval to hold a Federal Reserve (Fed) master account could be the spark that pushes XRP into another major phase of upside momentum. Fed Settlement Access In his latest report, market analyst Sam Daodu said AI models broadly agree that XRP may rise if Ripple gains access to Fed settlement infrastructure. A major reason behind the optimism is that Fed access would allow Ripple to settle directly through those rails, rather than routing transactions through banks that currently act as middlemen. Related Reading: Ethereum (ETH) Drops Below $2,000—Why Standard Chartered Still Expects $40,000 By 2030 Daodu suggested the process may already be moving toward reality. In March 2026, Kraken became the first crypto firm to receive a master account through the Federal Reserve Bank of Kansas City, which he cited as evidence that the approval pathway is no longer purely theoretical. Building on this development, Daodu shared model-driven forecasts for XRP, drawing comparisons between various AI systems and their respective approaches to weighing catalysts and risks. XRP Forecasts Watch According to Daodu, ChatGPT points to a measured recovery under base conditions. The model places XRP in a $2.50 to $3.00 range by August 2026, while also flagging $1.50 as a key level XRP needs to hold for the prediction to remain on track. Currently, the altcoin is trading well below that level, having retraced to $1.32 per token. Still, Daodu said that the rationale centres on exchange-traded fund (ETF) inflows and growth in Ripple’s payment corridor. In a more bullish scenario—assuming ETF inflows and corridor growth accelerate meaningfully through the second half of the year—ChatGPT sees upside to $5. Grok’s projections are more aggressive at the top end, according to Daodu. Grok’s base forecast lands between $2.50 and $2.80, but it lifts the upper target to $10 under the right conditions. Daodu reported that Grok links the $10 level to a scenario in which Bitcoin clears $100,000. Why $80 Could Happen By 2032? Claude’s outlook is described as more cautious, though it still leaves room for gains. The model’s base projection, Daodu said, calls for XRP to remain in the $1.35 to $1.65 range for the rest of 2026, with a 50% probability assigned to that outcome. Claude’s reasoning points to a familiar pattern: momentum can spark short-term rallies, but those moves may fade quickly if there is no fresh catalyst to extend the trend. At the same time, Claude’s longer-term view is more constructive than the base case. Related Reading: Treasury Secretary Urges CLARITY Act Passage, Saying The US Should Be Home For Crypto It leaves room for XRP to reach between $8 and $14 if ETF inflows exceed $10 billion and banking adoption accelerates. Still, Claude stresses that price alone cannot carry XRP to those levels; the market would need sustained demand drivers to support the move. Among the models Daodu reviewed, Vincent Van Code’s AI forecast is presented as the boldest. Rather than focusing on a single near-term target, Vincent Van Code maps a year-by-year trajectory that reaches $80 by 2032. The foundation for that call is Ripple CEO Brad Garlinghouse’s projection that 30% of Ripple Treasury’s $13 trillion annual payment flow could move on-chain within five years. For 2026 specifically, the AI model targets price targets ranging from $6 to $10.
29 May 2026, 20:25
Sui halts block production twice in 2 days for 9.5 hours

🚨 Sui stopped block production for 9.5 hours across two days. Both outages were caused by software and validator errors in $SUI. Continue Reading: Sui halts block production twice in 2 days for 9.5 hours The post Sui halts block production twice in 2 days for 9.5 hours appeared first on COINTURK NEWS .
29 May 2026, 20:19
CFTC Approves First Regulated U.S. Bitcoin Perpetual Futures Contract on Kalshi

The U.S. Commodity Futures Trading Commission has approved the listing of a bitcoin perpetual futures contract on a regulated domestic exchange, opening a new route for crypto derivatives activity inside the United States. The approval allows Kalshi, a CFTC-registered exchange, to list and trade a bitcoin-referenced perpetual contract known as BTCPERP. CFTC Chairman Mike Selig said the agency had delivered on a commitment to bring crypto asset perpetuals into the U.S. regulatory framework. In public remarks shared on X, Selig said the decision created a path for one of the most liquid areas of crypto trading to operate through regulated U.S. venues. Perpetual futures, often called perps, are derivatives that allow traders to speculate on the future price of an asset without a fixed expiration date. Unlike traditional futures, these contracts can remain open as long as margin requirements are met. In crypto markets, bitcoin perpetual futures and other crypto perps have become widely used on offshore exchanges. Kalshi Secures Approval for Bitcoin Perpetual Contract The CFTC said Kalshi’s BTCPERP contract must be listed and maintained in line with the Commodity Exchange Act and other applicable rules. The approval gives Kalshi permission to offer what the agency described as a true bitcoin perpetual contract through a regulated exchange structure. Kalshi is widely known for its prediction market business, but the company has been expanding into broader derivatives products. Chief Executive Tarek Mansour said the approval marked a new phase for the company beyond event contracts. He said regulated onshore perps could support capital allocation and risk management for U.S. users and businesses. The decision places Kalshi among the firms building regulated crypto derivatives products in the United States. Other crypto-native exchanges overseen by the CFTC include Bitnomial, Gemini, and platforms connected to prediction markets. The approval also comes as U.S. regulators review how event contracts, crypto derivatives, and digital asset markets should fit into federal oversight. Coinbase Affiliate Receives No-Action Relief In a related move, the CFTC issued a no-action letter connected to Coinbase Financial Markets. The letter allows the Coinbase affiliate to connect eligible U.S. customers to certain global options and perpetual futures products routed through Coinbase Bermuda. The agency said these products would be treated as foreign futures. The no-action position also permits Coinbase Financial Markets to transfer certain customer digital assets, including bitcoin, ether, and stablecoins, as margin collateral to foreign brokers for those products. Coinbase Chief Legal Officer Paul Grewal described the step as a major industry milestone in a post on X. The move gives Coinbase a regulatory pathway to offer access to crypto perpetual futures and options markets that have largely developed outside the United States. The CFTC action does not carry the same legal weight as a formal rulemaking process. No-action letters, staff guidance, and individual approvals show how the agency currently views certain products, but they can be changed by future regulators or replaced by new laws from Congress. Policy Shift Follows Push to Bring Crypto Trading Onshore The CFTC’s action follows public support from President Donald Trump for expanding U.S. crypto market activity and keeping prediction markets under federal oversight. Trump recently said the CFTC should maintain exclusive authority over the prediction market industry and criticized state-level efforts to restrict platforms such as Kalshi and Polymarket. The White House Office of Information and Regulatory Affairs has also started a policy and economic review of a proposed CFTC framework for prediction markets. That proposal is expected to address event contracts tied to elections, sports, gaming, and other outcomes. Selig said the agency’s approach is aimed at supporting responsible innovation while keeping trading on regulated exchanges with customer protections and market integrity standards. He also said the CFTC’s framework for crypto asset perpetual contracts would seek to limit excessive leverage, volatility, and systemic risk. The agency’s new direction follows broader coordination between the CFTC and the Securities and Exchange Commission on digital asset oversight. Earlier guidance from the two agencies set out categories for certain crypto assets and explained how they could be supervised under existing frameworks. Concurrently. Michael Saylor, executive chairman of Strategy, has also welcomed the CFTC’s move. In a post on X, Saylor said the guidance “advances Bitcoin capital markets” by supporting “24/7 trading, BTC collateral, perpetual futures, options, and regulated access.” He added that the development was “good for BTC holders,” supported the company’s MSTR strategy, and strengthened the role of STRC as Bitcoin-backed digital credit.











































