hodler

28 May 2026, 04:55

Bitcoin could be heading much lower, fund manager warns as $150 billion Treasury operation nears

Fund manager Michael Kramer says a $150 billion liquidity drain from upcoming U.S. Treasury operations could push bitcoin sharply lower.

28 May 2026, 04:30

FBI Pulls $40M in Gold Bars From CIA Official’s Fairfax County Home in Theft Case

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. Senior CIA Official David Rush Faces Federal Theft Charge David Rush, who held a senior

28 May 2026, 04:00

Crypto Protection, CFTC Exclusivity Over Prediction Markets: What Trump Said In His Latest Statement

President Donald Trump is doubling down on his goal of making the United States the “crypto capital of the world,” while also weighing in on a growing national fight over who should regulate prediction markets. Trump Says CFTC Rules Will Help Crypto ‘Thrive’ In a new statement shared Tuesday on Truth Social, Trump said it is “critically important” that the US Commodity Futures Trading Commission (CFTC) retain “exclusive authority” over prediction markets , and he added that the sector “will thrive” under that approach. The president also framed the issue as part of building what he described as “rules of the road” that set a “Gold Standard for the States.” He said other countries are pursuing this “new form of Financial Market,” and the US must remain competitive. Trump tied the prediction market question directly to the broader push for US leadership in crypto, writing that while the US is currently the global “Crypto (Bitcoin, etc.) Capital of the World,” other countries are trying to replace America in that role—and that they “won’t let that happen.” Trump’s remarks came after an investigation by The New York Times published Sunday that described how the CFTC has played an active role in advancing prediction markets “at virtually every turn.” The report also alleged that the regulator has softened its enforcement posture toward digital currencies. It said the agency did so by changing internal staffing—specifically culling ranks and sidelining career officials—steps the investigation suggested reflect a more permissive regulatory direction. States Clamp Down On Prediction Markets Prediction markets are increasingly on the defensive as states move to restrict them, often arguing they operate like “unlicensed casinos and violate state gaming laws.” On one side of the debate are Trump and allies within the CFTC, who argue that prediction markets are truly “markets” and should be treated like other federally regulated trading venues , such as securities markets and commodities markets. On the other side, a growing group of governors and state attorneys general—drawn from both political parties—contend that event contract betting, particularly when it involves sports, is essentially gambling. They argue it should therefore be regulated at the state level in the same way casinos and lotteries are. Minnesota has become a focal point in this fight. The Democratic governor, Tim Walz, signed a law last week that would ban prediction market sites from operating in the state—described as the first-of-its-kind legislation in the nation. The administration filed a lawsuit aimed at asserting the CFTC’s authority over Minnesota’s decision. Featured image created with OpenArt; chart from TradingView.com

28 May 2026, 04:00

Coinone Halts HTX Deposits and Withdrawals Following UK Sanctions Designation

BitcoinWorld Coinone Halts HTX Deposits and Withdrawals Following UK Sanctions Designation South Korean cryptocurrency exchange Coinone has announced it will restrict deposits and withdrawals related to the HTX platform, effective May 28. The decision comes after Coinone confirmed that an HTX-affiliated entity, HUOBI GLOBAL S.A., has been added to The UK Sanctions List. Background of the Restriction Coinone stated that the move is a direct response to the UK sanctions designation. HUOBI GLOBAL S.A., which is closely linked to the HTX exchange, was placed on the UK Sanctions List, triggering compliance obligations for Coinone. The exchange emphasized that the restriction is a precautionary measure to ensure adherence to international financial regulations. Implications for Users and the Market Effective May 28, Coinone users will be unable to deposit or withdraw HTX-related assets through the exchange. This action highlights the growing intersection between cryptocurrency operations and global sanctions regimes. Market observers note that such compliance measures are becoming more common as regulators worldwide tighten oversight of digital asset platforms. Broader Compliance Trends The Coinone-HTX case is part of a wider pattern where cryptocurrency exchanges are increasingly aligning with international sanctions frameworks. Similar actions have been taken by other exchanges in response to sanctions lists maintained by the United States, European Union, and United Kingdom. For South Korean exchanges, which operate under strict regulatory oversight, compliance with foreign sanctions is a critical component of their licensing and operational requirements. Conclusion Coinone’s restriction on HTX deposits and withdrawals underscores the importance of sanctions compliance in the cryptocurrency industry. As regulatory scrutiny intensifies, exchanges are expected to continue implementing such measures to mitigate legal and financial risks. Users holding HTX-related assets on Coinone should take note of the May 28 deadline and plan accordingly. FAQs Q1: Why is Coinone restricting HTX deposits and withdrawals? Coinone is restricting HTX-related transactions because an affiliated entity, HUOBI GLOBAL S.A., has been added to The UK Sanctions List. This requires Coinone to comply with UK sanctions regulations. Q2: When will the restriction take effect? The restriction will be implemented on May 28. After this date, users will not be able to deposit or withdraw HTX-related assets through Coinone. Q3: What should Coinone users do with their HTX assets? Users should withdraw any HTX-related assets from Coinone before the May 28 deadline. After that, they may need to use other platforms or wallets that are not subject to the same restrictions. This post Coinone Halts HTX Deposits and Withdrawals Following UK Sanctions Designation first appeared on BitcoinWorld .

28 May 2026, 02:41

Tether’s USAT Exists So USDT Never Has To Comply

Tether's new USAT is a ring fence: a GENIUS-compliant US subsidiary built so the $183 billion offshore USDT can stay outside US regulation indefinitely.

28 May 2026, 02:25

Grayscale Adds Staking Feature to Its Hyperliquid ETF Filing

BitcoinWorld Grayscale Adds Staking Feature to Its Hyperliquid ETF Filing Grayscale Investments has taken a notable step in the evolving cryptocurrency exchange-traded fund (ETF) landscape by amending its proposed Hyperliquid ETF to include a staking component. The firm filed a Form 8-A with the U.S. Securities and Exchange Commission (SEC) on May 27, formally registering securities for the newly renamed Grayscale Hyperliquid Staking ETF. Background and Filing Timeline The move follows an earlier Form S-1 prospectus submitted to the SEC on May 21, which outlined the fund’s initial structure. By transitioning to a staking ETF, Grayscale is positioning the product to generate yield from the Hyperliquid blockchain’s proof-of-stake mechanism, a feature that could appeal to investors seeking passive income from their crypto holdings. The Form 8-A is a standard step for registering securities under the Securities Exchange Act of 1934, signaling that Grayscale is preparing for a potential public listing. Implications for the Crypto ETF Market Staking ETFs represent a relatively new frontier in regulated crypto investment products. Unlike traditional ETFs that simply track asset prices, staking funds can earn additional tokens by participating in network validation, potentially offering higher returns but also introducing additional risks related to network slashing and validator performance. Grayscale’s decision to rename and refile its Hyperliquid product suggests a strategic bet that the SEC may be more receptive to staking features in ETFs, especially after recent approvals of spot Bitcoin and Ethereum funds. What This Means for Investors For retail and institutional investors, the Grayscale Hyperliquid Staking ETF could provide a regulated avenue to gain exposure to Hyperliquid (HYPE) while earning staking rewards without the technical complexity of running a validator node. However, the fund’s ultimate approval remains uncertain, as the SEC has historically scrutinized staking-related products over concerns about securities classification and investor protection. The filing also reflects a broader trend of asset managers integrating blockchain-native features into traditional financial vehicles. Conclusion Grayscale’s filing for a staking-enabled Hyperliquid ETF marks a significant development in the convergence of decentralized finance and regulated investment products. While the path to SEC approval is unclear, the move underscores growing demand for yield-generating crypto funds and could set a precedent for similar filings in the future. Investors should monitor regulatory updates closely as the review process unfolds. FAQs Q1: What is the Grayscale Hyperliquid Staking ETF? A: It is a proposed exchange-traded fund by Grayscale that would invest in Hyperliquid (HYPE) tokens and generate additional returns through staking rewards from the Hyperliquid blockchain’s proof-of-stake network. Q2: Why did Grayscale rename its ETF to include staking? A: The renaming reflects the addition of a staking feature, which allows the fund to earn yield by participating in network validation. This could differentiate the product from standard crypto ETFs and attract investors seeking income. Q3: What is the current status of the SEC filing? A: Grayscale submitted a Form 8-A on May 27 for securities registration, following an earlier Form S-1 prospectus on May 21. The SEC has not yet approved or denied the fund, and the review process is ongoing. This post Grayscale Adds Staking Feature to Its Hyperliquid ETF Filing first appeared on BitcoinWorld .