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28 May 2026, 10:30
Bybit warns users over transfers with UK-sanctioned HTX

Cryptocurrency exchange Bybit has informed clients that transactions involving addresses linked to HTX may be subject to additional checks. The warning comes after its rival was targeted in fresh U.K. restrictions on crypto services allegedly helping Russia with sanctions evasion. U.K. sanctions push Bybit to check HTX-related flows Dubai-based Bybit, one of the world’s largest crypto exchanges, has told users that transfers to and from addresses linked to HTX may be subject to increased scrutiny. The main reason for its warning is the sanctioning of the Panama-incorporated entity operating its competitor, Huobi Global, by the British government this week. Transactions involving HTX addresses may trigger additional anti-money laundering, compliance, or risk-control checks, the coin trading platform announced on social media. Bybit called on customers to avoid using such wallets and urged them to make sure that all their account-related activities remain compliant with its policies and local laws. Thus, users making HTX transactions subject to stricter AML control may be asked to provide documents confirming the origin of the funds and showing previous transaction history. Certain functions, including withdrawals, may be blocked until the provided information is verified by Bybit, the Russian crypto news outlet Bits.media noted in a report on Thursday. Important Notice Regarding Deposits and Withdrawals Related to HTX In light of the latest regulatory actions concerning HTX, transfers to or from HTX-linked addresses may trigger additional AML, compliance, or risk-control checks. Users are advised to avoid using HTX-related… — Bybit (@Bybit_Official) May 27, 2026 What causes Bybit’s caution regarding HTX? The entity behind HTX, also one of the largest crypto exchanges globally, was among those affected by London’s new restrictions against digital-asset platforms utilized by Russian players. The measures announced Tuesday targeted 18 individuals and organizations as part of an ongoing effort to dismantle financial systems and crypto networks utilized by Moscow. The blacklist includes the Russia-rooted, Kyrgyzstan-registered payment system A7, the alleged creator of the Ruble-pegged A7A5, which is the largest non-dollar stablecoin. Among the designated crypto services were also Exmo and Bitpapa, along with several other providers, including the Georgia-based Rapira, Arvix, and Aifory. According to the United Kingdom’s Foreign Office, HTX facilitated the activities of A7 and the now-defunct Russian cryptocurrency exchange Garantex. The latter was shut down in a U.S.-led operation in March 2025 and succeeded by a Kyrgyz crypto trading platform called Grinex . British authorities claim that HTX transferred over $1.5 billion to Russia in circumvention of sanctions imposed over the invasion of Ukraine, including through other sanctioned exchanges and linked to A7A5 transactions. According to an on-chain analysis of its activities outside the scope of the U.K. tracking of Russian flows, HTX moved over $21 billion in risky funds over the past five years, as reported by Cryptopolitan. Representatives of HTX have claimed that Huobi Global is not involved the platform’s operations and that the sanctions affect only the legal entity, not the exchange. At the same time, they acknowledged that the issuer of A7A5 had reached out to list the stablecoin on HTX but got turned down following a review of its application. The token is currently issued by the Kyrgyz-registered entity Old Vector, also sanctioned by Western governments. Its team maintains the project is now independent. Its CEO Oleg Ogienko confirmed that attempts were made to list the token on HTX and other major exchanges and that those were rejected due to concerns over sanctions. The issuer of A7A5 , which processed over $100 billion worth of transactions in less than a year after launch, maintains that the coin complies with Russian and Kyrgyz laws as well as the standards of the Financial Action Task Force (FATF). Russia-linked crypto platforms and other digital currencies pegged to the Russian ruble besides A7A5, such as RUBx and the state-issued digital ruble, were recently hit in the EU’s 20th package of sanctions on the Russian Federation. The smartest crypto minds already read our newsletter. Want in? Join them .
28 May 2026, 10:19
Bitcoin Price Prediction: “More Pain Ahead,” Warns Fund Manager

Bitcoin price prediction is flashing red. BTC is trading near $73,000, down 11% from highs above $82,500 hit earlier this month. To make it even uglier, one prominent fund manager says the worst may not be over. A $150 billion liquidity drain looming from U.S. Treasury operations could be the catalyst that sends BTC down even lower before any meaningful recovery takes its turn. Michael Kramer, founder and CEO of Mott Capital Management, issued the warning in his latest market analysis note , flagging Treasury settlements scheduled between May 28 and June 5 as a material risk. “In my experience, Bitcoin tends to be a better liquidity indicator than most other instruments. If the Treasury settlements are a drain on liquidity, then Bitcoin could be heading much lower,” Kramer wrote. The mechanism is straightforward. When the Treasury sells new securities, cash flows into the Fed’s account and out of the banking system, starving risk assets of the fuel they need to climb. The breakdown of key support near $75,000 has already confirmed the tightening trend. Macro forces are driving the tape right now. Several compounding downside factors are converging at once, and a quick recovery may be far away. Discover: The Best Crypto to Diversify Your Portfolio Bitcoin Price Prediction: $80,000 Or $72,000? Bitcoin is currently hovering at $73,000, with data pointing to $74,500 as a near-term anchor. Our near-term window, based on our model, places BTC at $75,800, implying modest upside. Momentum indicators are not supportive: the loss of the $75,000 level as support is now acting as resistance, and selling pressure has been consistent across multiple sessions. Technical analyst Michaël van de Poppe identifies $72,000 as the critical floor to hold, with $75,000 as the immediate resistance overhead. Van de Poppe assigns better than 70% odds of BTC topping $80,000 if support holds, but that condition is being tested in real time. Bitcoin (BTC) 24h 7d 30d 1y All time A confirmed bounce through $75,000 on volume could open a run toward $80,000–$85,000. The base case, given the liquidity drain timeline, is a range-bound grind between $72,000 and $76,000 through early June. The bear case, and Kramer’s implicit warning, put a retest of sub-$70,000 levels on the table if the $150 billion drain hits harder than anticipated. Galaxy Digital’s Alex Thorn has already cut his year-end target to $120,000 from $185,000, while Standard Chartered, Bitwise, and VanEck maintain $180,000–$200,000 calls. Discover: The Best Token Presales Bitcoin Hyper Targets Early-Mover Upside When BTC stalls at resistance and macro headwinds mount, capital doesn’t disappear; it rotates. The question is where it goes. Waiting for Bitcoin to reclaim $80,000 while a $150 billion liquidity event plays out is a defined-risk bet with limited near-term upside. Some traders are looking earlier in the cycle. Bitcoin Hyper ($HYPER) is a Bitcoin Layer 2 project currently in presale, positioned as the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, delivering smart contract execution that the is faster than Solana itself. The pitch addresses Bitcoin’s core structural limitations: slow transactions, high fees, and the absence of programmability, all while preserving Bitcoin’s underlying security. Hard numbers: the presale has raised $32 million to date at a current price of $0.0136 per $HYPER, with staking available at a high 36% APY for early participants. The project recently passed the $32M raise milestone, signaling sustained presale demand. Research Bitcoin Hyper here. The post Bitcoin Price Prediction: “More Pain Ahead,” Warns Fund Manager appeared first on Cryptonews .
28 May 2026, 10:17
Bitcoin Arrives at Bear Flag Bottom: Is a Bounce about to happen?

Just over a couple of weeks since the Bitcoin price was last at the top of the bear flag, it is now practically at the bottom. Was this the last action within this bear flag before it breaks down, or do the bulls still have the potential for a huge rally? Series of lower highs and lower lows remains unbroken Source: TradingView From the midpoint of the bear flag (dashed line) to practically the bottom trendline of the bear flag took the $BTC price less than two days, and with that, more than $5,000 was wiped from the price. Can the bulls still remain in the flag? A further problem for the bulls is that a lower low was made. This series of lower highs and lower lows has been unbroken since the very top of the last rally back in early May. As the price has fallen from the top of the bear flag it has chopped up and down within a descending channel, although the top of the channel still only has two touch points. It’s worth noting that descending channels would normally break to the upside. Could this channel even be taken as a bull flag? Another factor to take into consideration is that the $BTC price is becoming quite oversold. That’s not to say that there can’t be more downside, but the probabilities are that the price also having dropped to the bottom of the descending channel, and the bear flag, Thursday would likely be a good day for some sort of a bounce. 100-day SMA acts as support while bull flag materialises Source: TradingView Previously on the channel we have discussed the interactions of the 200-day SMA and the 50-day SMA , whereas on Thursday it is the turn of the 100-day SMA to come into the picture. It can be seen in the above chart that the 100-day SMA looks to be acting as a support. This could be another very good reason why a bounce could be about to take place. At the bottom of the chart, the Stochastic RSI indicators have turned down, but they could be ready to bounce back up very quickly. The bull flag setup can be clearly seen in this time frame, and while it’s not standing straight and proud, and is rather bent over, it still looks to all intents and purposes like a bull flag. Could the most hated bull rally be about to begin? Source: TradingView The weekly time frame reveals that the $BTC price could be at a pivotal point. If the bearish sentiment persists, and this is backed up by a huge 9.66K BTC outflow from the U.S. Spot Bitcoin ETFs , the long-awaited break down out of the bear flag could be about to occur. Be that as it may, a smaller bull flag within the much bigger bear flag could be instrumental in sending the $BTC price back to the top of the bear flag and all the way up to a major $90,000 resistance level should the full measured move out of the bull flag materialise. The Stochastic RSI indicator lines are coming back down, but could they bounce at the key 80.00 level? Also, the weekly RSI has the indicator line climbing up from a bottom that hasn’t been seen since the last bear market. Could the indicator line be about to confirm and bounce from the green RSI-based MA line? With perhaps very few investors actually anticipating this next potential move, could this become the most hated rally yet? Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
28 May 2026, 10:05
Trump pledges to lock in U.S. crypto dominance with the Clarity Act

President Donald Trump has promised to codify the Clarity Act, a proposed federal regulation aimed at legalizing the Web3 space, to ensure permanent and enforceable crypto rules. On May 27, Trump vowed never to let the cryptocurrency industry down as he pushes to make the United States the crypto capital of the world through the Clarity Act, as Finbold explained . Exactly two weeks since the Senate Banking Committee passed the Clarity Act, in a 15-9 markup vote, President Trump reiterated his support for the bill. Furthermore, he believes his administration is reversing the policies of the previous regime. Notably, the Biden administration advocated for Operation Chokepoint 2.0, a set of measures intended to cut off crypto firms from basic banking services. “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,” Trump posted on Truth Social . Crypto industry focused on the Clarity Act passing the Senate before reaching Trump’s desk Before the Digital Asset Market Structure bill reaches President Trump’s desk, it must clear several hurdles, including clearing a 60-vote threshold on the full Senate floor, a bar that demands significant Democratic support. As such, Wyoming Senator Cynthia Lummis has urged bipartisan support for the Clarity Act to keep Trump’s promises a reality. “If the Clarity Act doesn’t pass this Congress, American software developers will be targeted again for prosecution in the near future just for publishing code. These are the stakes,” Lummis stated . At press time, prediction market traders have set a 56% chance that the Clarity Act could get signed into law by the end of this year, based on data from Polymarket . Contract for Clarity Act signed into law in 2026. Source: Polymarket The odds have steadily dropped since the Senate Banking Committee passed the bill two weeks ago, down 9% over the past 24 hours. With Republicans holding 53 seats, at least 7 Democrats are needed to clear the 60-vote threshold. As such, bipartisan support is needed to pass the bill amid the notable friction between the banking lobbyists and the crypto industry. The post Trump pledges to lock in U.S. crypto dominance with the Clarity Act appeared first on Finbold .
28 May 2026, 10:00
CFTC Says Gemini Lawsuit Should Never Have Been Filed

In a joint court filing, both parties asked a federal court to vacate the January 2025 settlement tied to Gemini’s proposed Bitcoin futures contract. The regulator said the original case relied heavily on a whistleblower whose credibility is now being questioned and argued that continuing the settlement’s remaining provisions would not serve the public interest. CFTC Moves to Undo Gemini Crypto Case The US Commodity Futures Trading Commission (CFTC) now wants to reverse its own enforcement action against crypto exchange Gemini after concluding that the case likely would not have been filed under the regulator’s current standards. In a joint motion that was submitted Wednesday in a Manhattan federal court, both the CFTC and Gemini requested that the court vacate the January 2025 consent order that settled allegations related to Gemini’s proposed Bitcoin futures contract. Earlier this year, Gemini agreed to pay a $5 million civil penalty to settle claims that it provided misleading information to regulators during the approval process for what was expected to become the first regulated Bitcoin futures contract in the United States. The settlement was reached without Gemini admitting or denying wrongdoing. Part of the motion that was filed in a Manhattan court In its latest filing, however, the CFTC argued that maintaining the remaining terms of the settlement would no longer serve the public interest. The regulator specifically asked the court to remove ongoing obligations tied to the agreement, including a permanent injunction that prevents Gemini from making false or misleading statements to the agency in the future. According to the filing, the original lawsuit heavily relied on testimony from a whistleblower whose credibility the agency now openly questions. The CFTC stated that the complaint was “largely based on a whistleblower’s account known to be lacking in credibility” and further admitted that the case “would not have been” pursued under the agency’s current enforcement approach. The allegations originally stemmed from events between July and December of 2017, when Gemini was seeking approval for its Bitcoin futures product. At the time, regulators accused the exchange of providing inaccurate or misleading details about auction volume and market liquidity, which were considered important factors in assessing the risks associated with the futures contract. Gemini consistently denied the allegations throughout the legal battle and held firm that there was no evidence of Bitcoin price manipulation or investor harm. The company argued that its conduct did not mislead regulators and that the enforcement action was unjustified. The CFTC’s revised position also introduced new details regarding internal concerns tied to the original whistleblower claims. According to the agency, the allegations were supported by statements from Gemini’s former chief operating officer and another subordinate who allegedly threatened Gemini founders Cameron and Tyler Winklevoss and were “known to lie about material facts.” Cameron and Tyler Winklevoss At the same time, the regulator claimed Gemini itself was actually victimized through a rebate fraud scheme that involved two customers who allegedly exploited the exchange’s fee structure. The CFTC stated that the customers admitted to defrauding Gemini of approximately $7.5 million, but prior agency leadership reportedly failed to take meaningful action despite those admissions. Although the CFTC and Gemini are now jointly requesting that the settlement be vacated, the regulator did not clarify whether Gemini would receive a refund of the $5 million penalty already paid if the court approves the request.
28 May 2026, 09:50
Circle Mints 250 Million USDC, Expanding On-Chain Stablecoin Supply

BitcoinWorld Circle Mints 250 Million USDC, Expanding On-Chain Stablecoin Supply Circle, the issuer of the USD Coin (USDC), has minted an additional 250 million USDC tokens at the USDC Treasury, according to a recent alert from blockchain tracking service Whale Alert. The transaction, executed on the Ethereum network, adds significant capital to the circulating supply of the second-largest stablecoin by market capitalization. Details of the Minting Event The minting was detected by Whale Alert, a platform that monitors large cryptocurrency transactions. The 250 million USDC was created at Circle’s Treasury address, a standard procedure for expanding the stablecoin’s supply in response to market demand. This move increases the total circulating supply of USDC, which currently stands at over 32 billion tokens, according to data from CoinMarketCap. The minting occurs as on-chain activity and institutional interest in digital assets show signs of recovery. Market Implications and Context Stablecoin minting events are closely watched by traders and analysts as they often signal incoming liquidity for cryptocurrency markets. An increase in USDC supply typically indicates that investors are preparing to deploy capital into digital assets, either through trading or decentralized finance (DeFi) protocols. This minting follows a period of relative stability in the stablecoin market, where USDC has maintained its peg to the U.S. dollar. The timing aligns with renewed interest in spot Bitcoin ETFs and a broader market uptrend observed in recent weeks. Impact on DeFi and Trading Platforms The newly minted USDC is expected to flow into various DeFi protocols, centralized exchanges, and lending platforms. Increased stablecoin liquidity can reduce slippage for large trades and provide deeper pools for yield farming and lending. Circle’s transparency in reporting minting events helps maintain trust in the USDC ecosystem, which is fully backed by cash and short-duration U.S. Treasury obligations. Conclusion The minting of 250 million USDC by Circle represents a notable injection of on-chain capital, reflecting growing demand for stablecoins in the current market environment. While such events are routine, they provide valuable insights into market sentiment and liquidity trends. Investors should monitor how these funds are deployed in the coming days for further signals about market direction. FAQs Q1: What is a USDC minting event? A USDC minting event occurs when Circle creates new USDC tokens at its Treasury address, increasing the total circulating supply. This is typically done in response to demand from institutional clients or market needs. Q2: Does minting USDC affect its price? No, USDC is a stablecoin designed to maintain a 1:1 peg with the U.S. dollar. Minting increases supply but does not change its value, as each token is backed by equivalent fiat reserves held by Circle. Q3: How does a minting event impact the broader crypto market? Increased stablecoin supply often signals incoming buying pressure, as investors use USDC to purchase other cryptocurrencies. It can also improve liquidity on exchanges and in DeFi protocols, facilitating smoother trading. This post Circle Mints 250 Million USDC, Expanding On-Chain Stablecoin Supply first appeared on BitcoinWorld .







































