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28 May 2026, 23:21

Ripple CEO Says Voters, Trump Defeated The ‘Anti-Crypto Army’

After years of regulatory pressure, Ripple’s CEO has affirmed that US President Donald Trump and voters have beaten the last administration’s broader, “nonsensical crackdown on the crypto industry.” US Anti-Crypto Era Is Over? On Thursday, Ripple CEO Brad Garlinghouse criticized the previous US administration’s anti-crypto campaign, which targeted the digital assets sector for years and pushed firms and investors abroad. In an X post, the executive asserted that “the ‘Anti-Crypto Army’ was defeated… by the courts… the voters. And Trump,” who has repeatedly pledged to make the US the “crypto capital of the world” since returning to the White House in 2025. To Garlinghouse, the Biden administration’s crackdown on the industry “never made policy, legal or political sense.” Moreover, he affirmed that the efforts to combat financial innovation “only helped protect those that wanted to keep an old, often broken, system in place.” His comments echoed similar remarks made by President Trump on Wednesday. On Truth Social, the US president stated that he had saved the American digital assets industry from the former chairman of the Securities and Exchange Commission (SEC), Gary Gensler, and the “Anti-Crypto Army,” who nearly “destroyed” the sector by driving Bitcoin (BTC), perpetuals, and innovation offshore. Now, “America is now the CRYPTO CAPITAL of the WORLD, and Builders and Entrepreneurs are coming BACK to the United States where they belong,” Trump asserted, pledging to “future-proof” the digital asset market structure legislation under his leadership so that it “cannot be undone by the Crypto Haters.” “The new Frontier of Finance is being Built in America, and ‘TRUMP’ will NEVER let Crypto down!,” he continued. In another statement from this week, Trump also discussed the US’s push to lead the digital assets sector, explaining that it is a major industry and the government must protect its leadership. Other countries are trying diligently to replace us in that capacity, but we won’t let that happen. It is a major Industry, and we must protect it. A New Regulatory Chapter Over the past year and a half, US regulators have shifted from a “regulation by enforcement” strategy towards a more welcoming approach. On Wednesday, the Commodity Futures Trading Commission (CFTC) joined Gemini in a motion for relief from the judgment in the January 2025 order against the exchange, which included a $5 million penalty. As reported by Bitcoinist, the Commission revealed it had reviewed the history of the investigation, the evidence, the charging decision, and the changes in federal digital asset policy, concluding that the complaint “should not have been filed — and would not have been under current enforcement standards.” Similarly, the SEC has dismissed multiple investigations and lawsuits against crypto firms, while calling the industry one of the top priorities in its shift toward a pro-innovation approach. Last month, SEC Chairman Paul Atkins and Commissioner Hester Peirce affirmed that the pivot to a more welcoming environment has made developing a clearer regulatory framework that is “fit for purpose” significantly easier. In addition, it allows the regulators to address problems the industry may face and open opportunities for innovation. Amid this new regulatory chapter, Ripple recently submitted a letter to the SEC Crypto Task Force as a follow-up to a late March meeting between the regulator and the industry. In the letter, Ripple asked the regulator to clarify the treatment of payment stablecoins, crypto asset non-securities, and tokenized securities under the recent net capital and customer protection rules. It also asked for potential next steps for broader guidance and applauded the Task Force and Commissioner Peirce for the “in-depth and engaging discussion.”

28 May 2026, 22:49

Sui transactions halted as price tests $0.90 support

🚨 Sui froze all mainnet transactions as SUI price tested $0.90. Sui Core team is working to resolve the network issue. Continue Reading: Sui transactions halted as price tests $0.90 support The post Sui transactions halted as price tests $0.90 support appeared first on COINTURK NEWS .

28 May 2026, 22:39

Solana open interest drops 30% as altcoins slump: Is $68 SOL next?

Bulls abandon ship as SOL futures open interest dropped 30% in May. With the price weakening near $80, Solana may be destined for new lows.

28 May 2026, 22:32

Fidelity Digital Assets highlights 'growing evidence' of shift from dollar-based systems

The investment firm said nation-states and central banks are increasingly turning to assets like Bitcoin and gold as alternative settlement systems outside of US control.

28 May 2026, 22:30

Grayscale Calls Hyperliquid A Breakout Success Story In New Research Report

A new research report from Grayscale Investments is putting Hyperliquid in the spotlight, describing it as a breakout success story in the evolving crypto market. The report highlights how the platform has rapidly gained traction by combining high-performance trading infrastructure with a fully on-chain model, positioning itself as a serious contender in the derivatives space. Hyperliquid’s Integrated Ecosystem Is Drawing Industry Recognition Grayscale Investments has significantly elevated the institutional profile of Hyperliquid after releasing a detailed research report titled “Hyperliquid Breaks the Mold”. An analyst known as Crypto Banter on X has revealed that in the report, Grayscale reportedly describes Hyperliquid as one of the breakout success stories of the modern digital asset industry. Related Reading: Hyperliquid Is Becoming A Core Infrastructure Layer For Crypto Finance The report points to several factors behind Hyperliquid’s rise, including its reported $800 million in annualized 2025 revenue, positioning it among the largest crypto assets by market capitalization, and a dominant force in the perpetuals trading market. Grayscale pointed out Hyperliquid’s open architecture, expanding spot trading, commodities, and even outcome-based markets. This versatility is also combined with self-custody principles and centralized exchange-level performance. In a notable move, Graysclae has also filed and recently amended an S-1 registration for a proposed Hyperliquid ETF, though approval from the US Securities and Exchange Commission (SEC) remains pending. Crypto Banter noted that this is a meaningful institutional recognition for a project that has generated real revenue, demonstrated strong product-market fit, and delivered technical innovation. Despite its rapid growth, the report emphasized that Hyerliquid’s revenue is small compared to the massive traditional global derivatives industry, pointing to significant upside if it continues taking market share. Why Hyperliquid Is Difficult To Compare With Traditional Crypto Platforms Hyperliquid stands apart from both traditional finance and existing crypto projects, offering a distinct and forward-looking model for blockchain-based financial systems. Rather than fitting neatly into established categories, the platform is described as breaking the mold. An investor known as Gustavo Am on X has also explained that Hyperliquid is offering a compelling vision for the future of blockchain-based finance. Related Reading: Hyperliquid Puts Wall Street Onchain — Will This Warp Crypto Volatility Next? At its core, Hyperliquid operates on an open architecture platform that encourages permissionless innovation, enabling it to stay true to foundational DeFi principles such as transparency and self-custody. At the same time, it is also structured around a highly optimized core application that has already proven its ability to attract and retain users. This dual approach positions Hyerliquid as more than just another protocol. However, if it continues to execute effectively, retain and grow its dedicated community, and benefits from favorable regulatory developments, it could potentially open the path to broader adoption and become a financial services juggernaut. Featured image from Medium, chart from Tradingview.com

28 May 2026, 22:03

Calamos bets protected Bitcoin ETFs can outlast crypto market swings

As more than $1 billion exited spot Bitcoin ETFs last week, Calamos says investors are rotating into Bitcoin products with built-in downside protection.