Month: May 2026

Texas Bitcoin reserve plan advances as federal push faces delays

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Texas has moved closer to holding Bitcoin directly after naming a new advisory committee to guide the state’s Strategic Bitcoin Reserve. Summary Texas has named a five-member advisory committee to guide the management, custody, and valuation of its Strategic Bitcoin Reserve. The state is seeking a qualified crypto custodian as it prepares to move from IBIT-based exposure to directly held Bitcoin. The reserve currently holds about $10 million in Bitcoin exposure through BlackRock’s iShares Bitcoin Trust. The Texas Comptroller’s office said Thursday that Acting Comptroller Kelly Hancock will serve on…

CFTC Backs Crypto Perpetual Contracts, Issues Advisory on 24/7 Trading

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The US Commodity Futures Trading Commission (CFTC) took positions on cryptocurrency perpetual futures contracts and how the industry may be more suited for “24/7 trading, clearing, and settlement.” In a Friday notice, the CFTC said it had approved perpetual futures contracts tied to the spot price of Bitcoin for prediction markets platform Kalshi. The company announced at about the same time that it would launch the perpetual futures contracts on its platform in a move closer to a derivatives exchange. “​​The Order was based on representations and submissions made by…

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Bitcoin Climbs Above $74,000 After Trump Signals Strait of Hormuz Shipping Restart

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Key Takeaways Bitcoin rebounded past $74,000 on May 29 after a sharp intraday drop to a multiweek low of $72,395. Donald Trump’s post on Truth Social triggered a U.S. stock surge and cut Brent crude prices toward $91. Analysts watch Tehran over the next 48 hours to see if Iran verifies the deal or if it collapses. Bitcoin Reclaims $74,000 Following Intraday Dip On Friday, May 29, bitcoin reclaimed $74,000 just a few hours after it plunged to a multiweek low of $72,395. The cryptocurrency’s surge followed reports that Iran…

Bitcoin Could Enter Freefall If This Level Cracks: Analyst

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Bitcoin has bounced back from the $70,000 zone multiple times in 2026, but analysts are warning that the next test of that level could end differently. A Line That Has Held Since 2017 The lower boundary of a rising wedge pattern — a trendline that first appeared as support in mid-2017 — has absorbed several sharp drops over the years. Bitcoin touched it during the FTX-driven crash of November 2022, when prices fell to $15,400, and the line held. It held again three times in the opening months of 2026,…

Only Mine – Darshan Raval | Live in Concert | Pune

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The first live performance of Only Mine in Pune. A new song, a special moment and an energy that stayed high from beginning to end. One of those performances that instantly became a highlight of the night. AUDIO CREDITS Singer & Composer : Darshan Raval Lyrics : Siddharth Amit Bhavsar, Youngveer Music Produced and arranged by Mir Desai Guitars : Ishan Das Bass : Rahul Putai Guitars and bass recorded at Midnight Owl studios Drums : Darshan Doshi Drums Recorded at Island…

Sui Network Goes Down for Second Day in a Row

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The Sui layer-1 blockchain experienced another disruption on Friday, causing a “network stall” that temporarily halted block production, before normal activity resumed, according to the Sui team. Network activity “may be paused,” the Sui team said. The network disruption lasted for over three hours and 30 minutes at the time of publication, according to the Sui network’s uptime dashboard. Sui’s mainnet validators experienced disruptions on both Thursday and Friday. Source: Sui The last block before the disruption was produced at about 11:51 UTC on Friday, according to the Suiscan block…

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XRP Analyst Flags Biggest Institutional Unlock That The Market Has Ever Seen

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A popular XRP community figure is making a case that the XRP Ledger is on the cusp of a transformation that would change how institutional capital works with decentralized infrastructure. The comment was based on the newly proposed AMM Swappable Curves standard, which seeks to improve XRPL’s native automated market maker beyond the existing XLS-30 design. The proposal is still at the community review and amendment stage, but it is already a major talking point among XRP supporters. XRPL’s Native AMM Could Be Set For A Major Amendment The current XRPL…