Crypto News & Market Updates

Odaily Planet Daily reports that commercial shipping volume in the Strait of Hormuz has plummeted, with only a few Iran-related vessels passing through, highlighting the intermittent traffic on this world's most important energy chokepoint. According to Bloomberg's compiled vessel tracking data, only two vessels entered the Persian Gulf that day, while one fuel tanker appeared to stall en route. The day before this slowdown in shipping, two international giant oil tankers had left the waterway, triggering a brief surge in energy exports. This shipping fluctuation comes as the market awaits the outcome of the US-Iran negotiations; The negotiations between both sides aim to end a conflict that has led to the near-complete closure of the Strait of Hormuz. Previously, Iran's national television reported a draft memorandum of understanding, claiming that maritime shipping in the Strait of Hormuz could return to normal within a month, but this report was denied by the U.S. side. (Jin Shi)

According to CoinShares data, despite $1.47 billion in outflows in the crypto market last week, XRP still attracted $31.8 million in inflows against the trend, making it one of the few highlights. Bitcoin dominated capital outflows during this period, with a weekly outflow of $1.315 billion, setting the largest weekly outflow record for the year, while Ethereum saw $223 million in outflows. CoinShares pointed out that the market's sell-off is related to geopolitical tensions and macroeconomic uncertainty, leading investors to shift toward safer assets. Notably, XRP's inflows reflect some investors' interest in its cross-border payment narrative, although overall market sentiment has turned cautious.

According to Bijie.com, Strategy, the world's largest Bitcoin treasury and business intelligence company, has purchased a total of 171,238 bitcoins in 2026, exceeding the 65,700 bitcoins miners produced during the same period, and the purchase volume is 2.6 times that of miners. This data indicates that Strategy demonstrates strong market confidence amid ongoing Bitcoin accumulation. Despite extreme market volatility, the company continues to actively purchase Bitcoin, currently holding over 843,000 Bitcoins, accounting for about 4% of the circulating supply.

According to ChainCatcher, the latest research from Project Agorá, led by the Bank for International Settlements (BIS), shows that tokenization technology is expected to significantly improve settlement speed and reconciliation efficiency in cross-border payments, while reducing transaction failures and operational risks. The project is jointly participated by BIS in partnership with seven central banks and over 40 financial institutions, including the New York Fed, Bank of England, Bank of Japan, and Swiss National Bank. The research suggests that tokenizing central bank reserves and commercial bank deposits can support cross-currency and cross-jurisdictional "atomic settlement," enabling transactions to be completed or failed simultaneously, thereby reducing common credit and execution risks in cross-border payments. Currently, Project Agorá has completed the simulation testing phase and plans to enter the "real-value trading" testing phase, exploring on-chain settlement applications for certain currencies and institutions in real capital environments.

BlockBeats reported on May 27 that according to PBS, U.S. President Trump stated that abandoning uranium mines will not lead to the lifting of sanctions on Iran.

BlockBeats reported that on May 27, OpenAI developer @thsottiaux announced that OpenAI will disable GPT-5.2 and GPT-5.3-Codex in Codex starting June 2. For the free plan, GPT-5.5 will be the default frontier model for future builds and use. These models will continue to be available on OpenAI's API.

BlockBeats reported on May 27 that OpenAI developer @thsottiaux stated that their team is investigating the overall latency issues seen in the API and ChatGPT. The update will be released on status.openai.com.

According to Bijie.com, Jefferies predicts that as institutions accelerate adoption of digital asset infrastructure, a new wave of crypto and blockchain-related listings will emerge. The number of crypto-related listings will surge over the next two years, and the industry is expected to develop into a $1 trillion public market within five years. In a report released after its first digital asset investor conference in New York, Jefferies noted that the conference brought together executives from 35 digital asset companies and about 150 institutional investors to discuss how blockchain systems are gradually integrating into traditional finance. The report also mentions that as banks, exchanges, asset management firms, and payment firms integrate blockchain infrastructure, customer engagement continues to grow. Although the crypto IPO market has slowed down this year, more listing plans are expected later this year.

According to Bijie.com, Galaxy announced a partnership with Sharplink to launch a new $125 million institutional on-chain yield fund called the Galaxy Sharplink Onchain Yield Fund. The fund will invest directly in decentralized finance protocols, focusing on Ethereum's native yield strategy and active participation in DEFI. The two companies have committed to jointly invest $125 million, with Sharplink planning to contribute about $100 million from its existing Ethereum treasury, and Galaxy expected to contribute an additional $25 million. The fund will manage various DEFI opportunities within the Ethereum ecosystem through strategies such as liquidity provision, decentralized lending markets, staking optimization, and yield aggregation mechanisms.