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Ah, but what is the cause of this calamity? Is it the macro winds that howl between the United States and Iran, chilling the hearts of rate-cut optimists? Or perhaps the ETFs, those modern-day sirens, whose songs of redemption have turned to wails of outflow, as over a billion dollars fled in a single day? And let us not forget the whales, those leviathans of the crypto sea, whose outflows reached a crescendo not seen since February, as if they sensed the approaching storm and sought safer waters.

Nazaly Mason, originally from Maryland, has been convicted of conspiring to commit bank fraud. She admitted to the charges and pleaded guilty, according to the U.S. Attorney’s Office for the Eastern District of Michigan.

According to Alderoty, Ripple is helping to change how businesses use cryptocurrency, largely because it focuses on serving larger companies. Ripple provides the tools and services these businesses need – like payment processing, secure storage, token creation, and managing funds – to integrate crypto into their operations. He explained that Ripple has become a single source for companies looking to adopt cryptocurrency solutions.

DTCC, the veritable Leviathan of U.S. market infrastructure, with its colossal $114 trillion in assets, has cast its gaze upon Stellar. In a move as dramatic as a Shakespearean soliloquy, it announced plans to tokenize DTC-custodied assets on the Stellar network. By the first half of 2027, these tokenized treasures shall grace the Stellar blockchain, a union as inevitable as the tide.

A South Korean court has temporarily hit the snooze button on the FIU’s plan to suspend Coinone, proving that even regulators can’t outrun a well-timed legal maneuver. This is big news in a country where crypto rules are tighter than Kenneth’s grip on office gossip.

On-chain data (which sounds like something out of a sci-fi novel) confirms these whales are on a shopping spree. Among their picks? A privacy coin that’s up 60% this month-because who doesn’t love a good secret?-and two tokens that seem to be bouncing back like a super ball in a kindergarten classroom.

According to crypto analyst Van de Poppe, the current tensions between the US and Iran are negatively affecting the cryptocurrency market, impacting its performance for his 821,300 followers on X.

Ethereum, a lanky scholar who once braved the $2,000 tower, now let down the guard. The threshold is held, but only by a thread of trembling whispers. Should the guardians of the $2,000 line crumble, the poor coin will retreat to the warm stone at $1,800, a place formerly shielded from the harsh wind but now its own prison. The villagers around the market cheer the hope of a new dawn, though such feasts are short-lived. As the seasons shift, the threat of winter extends until at last the currency sinks further into the abyss, seeking refuge where the ground becomes cold.

People are increasingly using crypto-linked cards for everyday purchases like groceries and dining out, according to data from OKX Europe. In January, over 25% of all transactions on OKX cards were for supermarket purchases, with restaurants coming in second at 18% and online shopping at 13%.

In late May 2026, the crypto market experienced significant volatility, functioning as a real-world stress test. Over a 24-hour period, nearly $959 million in leveraged crypto positions were closed by exchanges – known as liquidations – with about $897 million of those being bets that the price of Ether would increase (known as ‘longs’). This happened when Ether’s price briefly dropped below $2,000, coinciding with a record $32.6 billion in open Ether futures contracts. A week prior, the market had already absorbed around $563 million in liquidations in a single day, with roughly $244 million related to Ether longs.