News
29 May 2026, 04:36
Sui Network Recovers After Nearly Six-Hour Blockchain Outage

The issue halted mainnet activity and temporarily disrupted transaction processing before developers deployed a fix. The outage was Sui’s second major downtime event in 2026 and caused the SUI token to fall about 6% before partially recovering. Sui Blockchain Back Online The Sui blockchain resumed operations after suffering a network outage that lasted almost six hours. This was the second big disruption to the layer-1 network in 2026. According to the Sui team, the incident was caused by a bug that was introduced in the network’s 1.72 software release. The issue affected the gas charging logic and resulted in a crash that temporarily halted activity across the mainnet. The network first alerted users that it was experiencing a “network stall,” and warned that transactions could be delayed or paused while developers worked on a fix. After approximately 5 hours and 55 minutes of downtime, Sui announced that activity resumed and confirmed that a full post-mortem review would be published in the coming days. Although the network was brought back online, validators were still reported to be operating with degraded performance shortly after the recovery. Earlier in January 2026, Sui experienced another disruption that kept the network offline for more than six hours. The project also faced an incident in November of 2024, when validators became trapped in a crash loop that prevented transaction processing for roughly two and a half hours. The outage had an immediate impact on market sentiment surrounding the network’s native token, SUI. During the disruption, the token’s price fell by approximately 6% to around $0.90 before recovering slightly to trade near $0.92 after the restoration of services. Despite the setback, Sui is still one of the larger blockchain ecosystems in the industry. Data from DeFiLlama shows that the network ranks among the top blockchain platforms by total value locked, securing approximately $542 million across 137 protocols. The blockchain is also still attracting attention from developers and investors due to its focus on scalability and high transaction throughput. Just weeks before the outage, SUI surged by roughly 50% after a series of positive developments. These included a Nasdaq-listed company announcing plans to stake a large portion of the token supply and developers unveiling upcoming features like zero-fee stablecoin transfers and privacy-focused transaction capabilities. SUI price action over the past month (Source: CoinCodex) Since launching its mainnet in May of 2023, Sui has turned itself into a high-performance blockchain that is designed to support large-scale financial applications and institutional adoption. However, recurring outages may raise some serious questions about the network’s reliability.
29 May 2026, 04:33
Bitcoin’s major holders halt buys as demand slows: CryptoQuant

CryptoQuant says that the holding structure for large Bitcoin holders is deteriorating, a trend that has historically preceded “sustained price weakness.”
29 May 2026, 04:30
Quantus Warns Quantum Computers Could Threaten $2T in Bitcoin and Crypto Assets

A new Quantus report says the crypto industry is not moving fast enough to prepare for quantum computers that could break today’s signature systems. The report warns that bitcoin, ethereum, and other major networks face a difficult migration problem because public keys live permanently on-chain. Google and IBM Advances Push Bitcoin Quantum Threat Closer Quantum
29 May 2026, 04:23
Bitcoin's record holder supply hides a buyer drought, CryptoQuant says

A record high in long-term holder supply typically signals conviction. CryptoQuant says it reflects a shortage of new buyers, a view echoed by weakening ETF demand and bearish prediction market odds.
29 May 2026, 04:00
Trump Backs Crypto Market Structure Bill Ahead Of Senate Fight

President Donald Trump has re-entered the US crypto market-structure debate, saying his administration will codify a “future-proof” framework for digital assets as a Senate fight over the CLARITY Act moves closer. The message ties the White House’s crypto agenda to legislation that would define regulatory boundaries for digital assets, exchanges, custodians, stablecoins and derivatives markets. In a Truth Social post highlighted by Fox Business reporter Eleanor Terrett, Trump framed the issue as a reversal of the Gary Gensler era and a bid to make US crypto policy harder for future regulators to unwind. Terrett said the post marked the first time Trump had publicly weighed in on market structure since March, making the timing notable after the Senate Banking Committee advanced the CLARITY Act earlier this month. “Gary Gensler and the ‘Anti-Crypto Army’ nearly DESTROYED the American Crypto Industry by driving Bitcoin, Crypto Perpetuals, and INNOVATION offshore, but ‘TRUMP’ SAVED IT. America is now the CRYPTO CAPITAL of the WORLD, and Builders and Entrepreneurs are coming BACK to the United States where they belong. Under my Leadership, we will codify a FUTURE-PROOF Digital Asset Market Structure that cannot be undone by the Crypto Haters.” NEW: President Trump says his administration is building a “future-proof” digital asset market structure that can’t be undone by “crypto haters.” This marks the first time the president has publicly weighed in on crypto market structure since March. pic.twitter.com/7FNN06Vasy — Eleanor Terrett (@EleanorTerrett) May 27, 2026 The post was quickly echoed by CFTC Chairman Mike Selig, who wrote that, “Thanks to @POTUS’ leadership, America is the Crypto Capital of the World. Bitcoin, Crypto Perpetuals, and INNOVATION are Coming to America.” In Washington, “market structure” is shorthand for the legal architecture that determines whether crypto assets are treated as securities or commodities, which agencies supervise them, and how trading platforms, brokers, dealers, custodians and issuers are regulated. For crypto markets, the stakes are substantial: the framework would shape registration pathways, disclosures, custody rules, consumer protection, AML obligations and market integrity standards. The broader policy direction has been visible since Trump’s Jan. 23, 2025 executive order, which called for support for digital asset growth, self-custody, public blockchain access, dollar-backed stablecoins, fair banking access and clearer jurisdictional lines between regulators. The White House’s July 2025 digital asset working group report later recommended that Congress build on CLARITY by giving the CFTC authority over spot markets for non-security digital assets, while directing the SEC and CFTC to clarify rules for registration, custody, trading and recordkeeping. The stablecoin leg of that agenda has already become law. Trump signed the GENIUS Act on July 18, 2025, with the White House describing it as the first federal regulatory system for stablecoins. The law includes 100% reserve backing with liquid assets such as dollars or short-term Treasuries, monthly public reserve disclosures, marketing restrictions and priority claims for stablecoin holders in insolvency. The unresolved fight is the broader market-structure package. The House passed the Digital Asset Market Clarity Act, or CLARITY Act, in July 2025 by a bipartisan 294–134 vote. The Senate Banking Committee advanced its version on May 14, 2026, in a 15–9 vote, sending the bill toward the Senate floor. The committee vote drew support from two Democrats, though those lawmakers did not commit to backing the final bill. Crypto’s CLARITY Act Heads Toward Senate Fight The Senate version would create a category for ancillary assets, require initial and semiannual disclosures for certain transactions, and introduce a “Regulation Crypto” exemption from SEC registration for some ancillary asset offerings. It would also treat digital commodity brokers, dealers and exchanges as financial institutions under the Bank Secrecy Act, bringing AML programs, customer identification and due diligence into the framework. Trump’s reference to “crypto perpetuals” points to another piece of the agenda: bringing offshore derivatives activity into regulated US venues. Selig said in January that perpetual contracts had become widely used for risk management and price discovery, while arguing that the previous administration failed to create an onshore pathway for those products. He also said the CFTC would explore rules for leveraged, margined or financed retail crypto commodity transactions and a possible new registration category for retail leveraged trading. The bill still faces opposition. Critics have argued that AML provisions are too weak, that political officials should be restricted from profiting from crypto ventures, and that expanded CFTC authority may not fully address investor-protection concerns traditionally handled by the SEC. Bank groups have also focused on stablecoin-yield language, warning that crypto firms could compete for deposits through rewards on stablecoin balances. The timing is becoming a legislative risk in its own right. The CLARITY Act has cleared the Senate Banking Committee, but it has not yet secured a full Senate vote, and any final package still has to survive unresolved fights over AML rules, stablecoin rewards, political-conflict provisions and the division of authority between the SEC and CFTC. The bill also has to fit into a shrinking Senate calendar, with lawmakers facing summer recess, a fall campaign break and the Nov. 3 midterm elections. That leaves a narrowing window for Republicans and pro-crypto Democrats to turn committee momentum into final passage before election politics make a complex market-structure bill harder to move. At press time, the total market cap stood at $2.43 trillion.
29 May 2026, 04:00
Bitcoin’s Famous CME Gap Playbook May Be Nearing Its End

CME Group is moving its regulated cryptocurrency futures and options market to 24/7 trading, a structural shift that could remove one of Bitcoin’s most watched weekend market patterns: the CME gap. For BTC traders, the change matters because the gap has long served as both a technical reference point and a symbol of the mismatch between crypto’s always-on spot market and traditional derivatives hours. Starting May 29, pending regulatory review, CME says its cryptocurrency futures and options will be available around the clock, seven days a week. The exchange framed the change directly: “Trade the market that never sleeps. Manage positions your way, on your time with the confidence of a regulated marketplace.” Is It Bullish Or Bearish For Bitcoin? That adjustment goes beyond bearish or bullish. Under the old schedule, CME Bitcoin futures stopped trading for the weekend while BTC continued to move on spot exchanges. If Bitcoin rallied or sold off before CME reopened, the futures chart printed a visible gap between Friday’s final traded level and the next opening print. Traders then watched those levels closely, often treating them as areas likely to be revisited. The pattern gained traction because many gaps did, in fact, close. A CoinDesk Research from March 2025 found that 79 of the previous 80 CME Bitcoin futures gaps had been filled, implying a historical fill rate of 98.75% for that sample. Later research put the broader historical fill rate lower, often around 70% to 80%. Related Reading: Cathie Wood Doubles Down On $1.25 Million Bitcoin Target That is the central point for price analysis. CME gaps were never a mechanical force pulling Bitcoin to a specific level. They were a product of market structure. When one major regulated derivatives venue was closed while the underlying asset kept trading globally, price discovery continued elsewhere. Once CME reopened, futures, spot and related basis trades often converged again, creating the appearance that the gap had acted as a magnet. CME’s new schedule should largely eliminate that recurring weekend setup. The exchange says crypto futures and options will trade continuously on Globex and ClearPort, including weekends and holidays. Trading from Friday evening through Sunday evening will carry the trade date of the following business day, while clearing, settlement and regulatory reporting will be processed on that next business day. Related Reading: Bitcoin Pulls Back, But Futures Traders Turn Bullish: Long Squeeze Setup? There will still be maintenance windows. CME says seven-day trading clients will face a daily two-minute pause from 4:00 p.m. to 4:02 p.m. CT from Monday through Friday, along with a two-hour Saturday maintenance window from 2:00 a.m. to 4:00 a.m. CT. Those pauses can still create small discontinuities, but not the same multi-day blank space that previously defined the classic Bitcoin CME gap. For BTC price, the immediate implication is not bullish or bearish. It is structural. A high-profile technical target that traders have monitored for years may lose much of its relevance. The move also reflects the scale of institutional demand. CME said client demand for digital-asset risk management is at an “all-time high,” citing a record $3 trillion in notional volume across its cryptocurrency futures and options in 2025. The exchange also reported 2026 year-to-date average daily volume of 407,200 contracts, up 46% year over year, and average daily open interest of 335,400 contracts, up 7%. At press time, Bitcoin traded at $72,844. Featured image created with DALL.E, chart from TradingView.com










































