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Strategy CEO bought $19K of STRC for his kids after making $37M

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Strategy CEO bought $19K of STRC for his kids after making $37M

Strategy (formerly MicroStrategy) CEO Phong Le just bought $5,467 of his company’s STRC preferred shares for two of his children. The same man earned over $37 million running the company over the past three years, including $13.7 million in total executive compensation during fiscal 2025 alone.

Not that it makes the figure any better, but all three minor children technically held STRC before May 22. Together, they hold 186 STRC shares, worth $18,600 combined.

Alongside founder Michael Saylor, Le has spent the past year pitching STRC to retail investors as a supposed competitor to high-yield bank accounts and money markets. Le’s 11.5% dividend-paying, variable-rate stock has a market cap of $10.4 billion — about four-fifths of which is owned by non-accredited, retail investors.

Le disclosed his May 22 familial purchases on a SEC Form 4 dated May 26. He bought 50 STRC shares at $99.41 for Minor Child 1, plus 5 shares at $99.37 for Minor Child 3.

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BitcoinTreasuries.NET celebrated the filing, “Bitcoiner dad securing the future for his kids.”

Quite the gift from the Strategy CEO who made $37 million

Strategy’s 2025 financials, filed with the SEC on April 28, list Le’s 2025 total compensation at $13,784,204. Specifically, his package breakdown was $1.1 million in salary, $1.235 million in bonus, $8.8 million in stock awards, and $2.38 million in option awards. 

In other words, Le’s gift to his children works out to less than one one-hundredth of his 2025 stock awards alone.

His 2024 total was slightly higher, $15.74 million. That was mostly due to the higher closing price of Strategy’s common stock, MSTR, in 2024 versus 2025. In 2023, Le received $8 million.

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Read more: Strategy’s BTC binge has cost it $1 billion in expenses

Le has also bought STRC for himself, although not in quantities that would come anywhere close to his level of compensation, let alone net worth. On March 19, he bought 2,509 STRC shares at $99.62, a $250,000 open-market trade. 

Trivial relative to his personal fortune, he told podcaster Natalie Brunell that he wanted to “experience” STRC, likening its monthly dividends to a paycheck.

CEO whose common stock lost 58% in 12 months

STRC is a perpetual preferred share that pays a monthly dividend and is quasi-pegged at $100, even though it has traded as low as $90.52 per share on the Nasdaq. In its private debut, Strategy priced its public offering at $90 per share on July 24, 2025. 

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To encourage bids up to $100 per share, Strategy has hiked the monthly dividend rate seven times since launching STRC, from 9% to 11.5% today.

Le personally owns 8,009 STRC, 6,000 Strife, 4,500 Stride, and 22,923 MSTR common shares.

Strategy Schedule 14A discloses Phong Le total compensation. Source: SEC.gov

STRC closed at $99.47 on Tuesday, just below its $100 par. The company’s MSTR common stock has declined 11% over the past six months and 58% over the past 12 months

The company’s massive stockpile of bitcoin (BTC) were acquired for an average $75,700 cost basis — slightly above the current market — excluding $1 billion of costs while running that acquisition strategy for the past six years.

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5 Things to Know About Yi He, First Crypto Boss on Fortune’s Most Powerful Women List

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5 Things to Know About Yi He, First Crypto Boss on Fortune’s Most Powerful Women List

Binance co-CEO Yi He has become the first crypto-native executive ever named to Fortune’s Most Powerful Women in Business list. The 2026 ranking placed her at #64.

Her debut puts a single name from the cryptocurrency sector alongside chiefs from finance, retail, and Fortune 500 technology. The recognition arrives months after Binance formally promoted her to co-CEO in December 2025.

1. She Recruited CZ to Crypto, Not the Other Way Around

Yi He pivoted from Chinese television into the cryptocurrency sector in 2014. She joined the exchange OKCoin, now known as OKX, as a marketing executive.

From that perch, she recruited a then-little-known engineerChangpeng Zhao (CZ), as chief technology officer. The pair later became life partners and co-founded Binance during the 2017 ICO boom.

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Yi He led marketing, branding, and global user growth while CZ handled the technology stack. Most retellings of Binance’s origin reverse who pulled whom into the digital asset space.

2. She Went from Kerosene Lamps to Multibillionaire Status

Yi He was born in 1986 in a rural Sichuan village without consistent electricity or running water. She lost her father at age nine and worked promoting soft drinks at 16.

She later worked as a travel television host and, in her thirties, taught herself English to help expand Binance globally.

She reportedly holds about a 10% stake in Binance through a holding company.

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“CZ reportedly owns nearly 90% of Binance, while his partner, co-founder, and the mother of his children, Yi He, controls the remaining 10%,” one user highlighted.

That position makes her one of the wealthiest women in the crypto sector, according to a Fortune profile.

3. Every New Binance Hire Works the Customer Service Line

Yi He built Binance around what she calls a user-first philosophy, and she enforces it operationally.

New employees, regardless of seniority, must spend time handling customer support tickets.

She also engages directly with users on X, Telegram, and WeChat, including responding to scam reports. Bloomberg has previously called her the most powerful woman in crypto.

Chinese-speaking communities refer to her as “一姐” (Yi Jie), or “Big Sister Yi.”

4. She Runs an Investment Arm that Bets Far Beyond crypto

Yi He leads YZi Labs, the family-office successor to Binance Labs that rebranded in January 2025. The fund deploys capital across Web3, artificial intelligence, biotech, and other frontier sectors.

YZi Labs reportedly manages more than $10 billion in assets across over 300 portfolio companies. The vehicle gives her a power base outside the exchange itself.

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She co-owns the fund with CZ, with whom she has three children, but was never legally married.

Yi spent years as a behind-the-scenes operator before her formal elevation to co-CEO in December 2025. She shares the title with Richard Teng, who handles compliance and regulatory affairs.

The promotion followed her work steering Binance through CZ’s 2023 guilty plea. That episode included a $4.3 billion U.S. settlement that nearly redrew the exchange’s future.

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In her response to the Fortune recognition, Yi He framed it as a marker for the industry rather than a personal trophy.

“I’m truly humbled to be the first crypto-native executive to receive this recognition on the #FortuneMPW list. Building Binance from the very beginning has been an incredible journey, and this is a very personal moment for me,” she said.

Whether her debut becomes a one-off or the start of broader recognition for crypto leaders remains to be seen. Much will depend on how Binance handles its next compliance cycle.

“The recognition may carry my name, but it belongs to the Binance team, Binance users, Satoshi Nakamoto, and to every member of the crypto community who helped turn this industry from an idea into a global wave,” she added.

The post 5 Things to Know About Yi He, First Crypto Boss on Fortune’s Most Powerful Women List appeared first on BeInCrypto.

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Crypto PAC Expands Pro-Crypto Support, Signals Regulatory Push

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Crypto Breaking News

Six congressional runoff winners in Texas—backed by cryptocurrency-aligned political action committees (PACs)—signal a growing political footprint for crypto policy advocates. The six candidates, spanning Democratic and Republican lines, benefited from media spending and endorsements orchestrated by industry-linked groups such as Fairshake, Defend American Jobs, Protect Progress, Blockchain Leadership Fund, and Fellowship PACs. The outcome underscores a broader narrative: crypto policy is increasingly embedded in electoral considerations, with industry players signaling intent to translate wins into legislative influence.

According to regulatory filings and reporting, more than $10 million in supportive media and ads was spent by crypto-aligned PACs on the six Texas candidates. Fairshake, one of the largest industry PACs, has reported a war chest exceeding $193 million in its latest public disclosures as of January, and indicated plans to deploy funds to support pro-crypto candidates in the 2026 midterm elections. In Texas, Democrat Christian Menefee challenged incumbent Rep. Al Green in the 18th district, while Republican Ken Paxton defeated incumbent Senator John Cornyn with a margin exceeding 63%. Four additional Republican candidates—Tom Sell, Alex Mealer, Jon Bonck, and Carlos De La Cruz—also prevailed in smaller districts, benefiting from thousands of dollars in media spending directed by Defend American Jobs.

Geoff Vetter, a spokesperson for Fairshake, framed the Texas results as evidence that anti-crypto hostility can carry electoral consequences. “Rep. Green’s defeat proves that anti-crypto hostility carries real electoral consequences, making him the first Democratic incumbent this cycle to lose his seat,” Vetter stated. “Fairshake was the difference-maker in this race, and we will continue to aggressively back leaders like Rep. Menefee across the country.”

Key takeaways

  • The Texas runoff results demonstrate tangible electoral gains for candidates supported by crypto-aligned PACs, underscoring the organized political footprint of the crypto policy movement.
  • Regulatory and policy considerations are increasingly central to campaign strategies, with substantial media investments aimed at shaping perceptions of crypto-friendly governance.
  • The fundraising and backing patterns point to a broader, long-term strategy to influence federal and state policy discussions on crypto regulation, licensing, and compliance frameworks.
  • Upcoming primaries in six states on June 2 will test the expansion of crypto-linked political activity beyond Texas, including cross-party support and district-level campaigns.

Strategic implications for policy and enforcement frameworks

The Texas outcomes arrive at a moment of heightened regulatory attention in both the United States and overseas. In the United States, the regulatory landscape—spanning the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Department of Justice (DOJ)—continues to evolve around issues such as market integrity, investor protection, and the classification of digital assets. Lawmakers and regulators are increasingly weighing how to balance innovation with robust AML/KYC controls, licensing regimes, and cross-border oversight. Within this context, the Texas results improve the perceived relevance of crypto policy positions when candidates confront voter concerns about financial innovation, consumer safeguards, and the stability of the financial system.

From a compliance perspective, the growing involvement of crypto-focused PACs raises questions about disclosure, governance, and accountability in political spending. Efforts to align campaign financing with transparent reporting and to prevent misuse of industry funds for influence-peddling remain at the forefront of regulatory scrutiny. The U.S. policy debate continues to intersect with international norms, including the European Union’s MiCA framework, which centers on harmonized requirements for crypto issuers, service providers, and stablecoins. While MiCA is an EU instrument, its existence shapes global expectations for risk management, licensing, and consumer protections that domestic firms may seek to mirror in U.S. policy discussions.

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Next testing ground: six states and a governance laboratory

Looking ahead to June 2, voters in California, Iowa, Montana, New Jersey, New Mexico, and South Dakota will participate in primaries for U.S. House and Senate seats in addition to several gubernatorial races. Regulatory-minded observers are watching these contests as a practical test case for how crypto-aligned campaigns mobilize resources and influence candidate selection across diverse state contexts.

In California, the political dynamic includes a gubernatorial race conducted under the state’s jungle primary system, in which all candidates appear on a single ballot and the top two vote-getters advance to the general election, regardless of party. The industry-aligned spending narrative echoes a broader history: in 2024, Fairshake dedicated substantial resources to influence the California Senate contest surrounding Democrat Katie Porter. Porter did not win the 2024 primary, but she remains a focal point of crypto-related campaign activity as she runs for governor. As of the latest disclosures, there were no clear indications of crypto PAC spending opposing Porter or other gubernatorial contenders in the immediate term, though industry fundraising and advocacy continue to shape public discourse around policy choices for the state’s crypto sector.

Industry insiders have cautioned that the regulatory and political environment remains fluid. For instance, backers of crypto policy have pointed to dynamic enforcement priorities that could shift with changes in administration, agency leadership, and legislative agendas. In parallel, prediction-market activity and donor contributions continue to provide indicators of where campaign support may trend, albeit with inherent uncertainty. The ecosystem’s cross-market signals—framing of regulation, licensing expectations, and potential banking relationships for stablecoins and other digital assets—remain integral to both campaign strategy and corporate risk assessment.

According to publicly available filings, Protect Progress has earmarked roughly half a million dollars to support Democratic candidates across the six upcoming states, including targeted investments in California districts and New Jersey races. The distribution illustrates how crypto-aligned groups deploy resources to bolster favorable candidates in high-stakes races and how such activity intersects with state-specific regulatory climates and enforcement priorities. Observers note that these patterns have implications for how policymakers prioritize crypto-related regulations, licensing regimes, and consumer protections at both state and federal levels.

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Beyond state races, the broader policy conversation continues to integrate a spectrum of regulatory concerns—from comprehensive AML/KYC compliance frameworks to the treatment of cross-border payments and the resilience of the banking system to crypto exposures. The governance implications for exchanges, custodians, and issuers—particularly around licensing, reporting obligations, and the delineation between securities and commodities—remain central to institutional stakeholders, risk teams, and compliance officers evaluating market structure risk and regulatory alignment.

As the political and regulatory landscape evolves, market participants and researchers alike will be watching how crypto-aligned PAC activity translates into concrete policy outcomes, enforcement actions, and licensing decisions that shape the operating environment for exchanges, banks, and institutional investors. The Texas results are a data point in a longer arc of policy development, where elections, advocacy, and regulatory design intersect to determine the trajectory of crypto integration into the mainstream financial system.

In the near term, observers should monitor the June primaries for signals about institutional alignment, fundraising dynamics, and the readiness of crypto-friendly candidates to secure broader political backing. The evolving interplay among campaign strategy, regulatory expectations, and market infrastructure will likely define the contours of crypto policy discourse in the months ahead.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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DTCC taps Stellar (XLM) for tokenized securities network in latest Wall Street blockchain push

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DTCC, Wall Street's clearinghouse, works with blockchains to tokenize corporate actions

The Depository Trust & Clearing Corporation (DTCC), Wall Street’s clearinghouse, said Wednesday it plans to connect its tokenized securities platform to the Stellar (XLM) network, expanding a broader effort by Wall Street firms to move traditional financial (TradFi) assets onto blockchain rails.

Tokenized assets custodied by DTCC’s Depository Trust Company could become available on Stellar during the first half of 2027, DTCC and the Stellar Development Foundation said in a press release shared with CoinDesk.

The firms said the integration would support issuance, settlement and lifecycle management of blockchain-based versions of traditional securities. They also plan to explore use cases to tokenize “highly liquid assets” such as major indices and U.S. Treasury debt instruments.

XLM (XLM), the native token of Stellar, jumped 3% on the news before paring some of the gains. It was up 1.7% over the past 24 hours, outperforming as bitcoin and the broader crypto market pulled back.

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Tokenization — the process of representing traditional assets like stocks, bonds and funds on blockchain — has become one of Wall Street’s hottest infrastructure bets. Proponents, including bank executives, say blockchain-based securities could reduce settlement delays, free up collateral and allow markets to operate beyond standard trading hours.

The push has accelerated across major financial firms and exchanges as regulators signal growing openness to onchain market structure. Nasdaq is developing infrastructure for blockchain-based shares with Kraken parent company Payward, while Intercontinental Exchange (ICE), owner of the New York Stock Exchange (NYSE), is backing tokenized securities initiatives tied to crypto exchange OKX.

DTCC, which sits at the center of U.S. market infrastructure and oversees more than $114 trillion in assets, has emerged as one of the key traditional finance players pushing into tokenization.

The company announced earlier this month that it plans to begin limited production trades of tokenized assets in July ahead of a wider rollout in October. That service follows a no-action letter the SEC granted in December 2025 allowing DTCC to tokenize a defined set of assets, including Russell 1000 stocks, ETFs and U.S. Treasuries.

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The tie-up with Stellar forms part of DTCC’s “multi-chain” strategy, where tokenized assets can move across different blockchain networks instead of remaining tied to a single platform.

“This collaboration represents another step forward in DTCC’s efforts to build an open, interoperable digital infrastructure that bridges traditional and digital markets,” said Frank La Salla, President and Chief Executive Officer of DTCC.

Nadine Chakar, DTCC’s global head of digital assets, said that the firm plans to connect to “multiple layer-1 and layer-2 networks.”

Read more: Wall Street’s clearinghouse seeks ‘high-performance’ blockchains to tokenize corporate actions

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NAKA Down About 65% YTD and Over 99% From its All-Time High

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NAKA Down About 65% YTD and Over 99% From its All-Time High

Nakamoto (NAKA) is trading down more than 10% on Wednesday just days after the Bitcoin treasury company completed a 1-for-40 reverse stock split undertaken to stay compliant with the Nasdaq stock exchange’s listing criteria. 

NAKA stock is down by about 67% year-to-date (YTD) and by more than 99% since its May 2025 peak of about $34 per share, reaching a low of about $0.16 per share in April before the reverse stock split on Friday.

Nasdaq warned the company in December that its shares would be delisted after trading below $1 for at least 30 consecutive days, according to a Securities and Exchange Commission (SEC) filing.

The reverse split reduced the number of outstanding shares to about 17.4 million from about 696 million, according to the company. 

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NAKA stock price is down by nearly 67% year-to-date. Source: Yahoo Finance

Cointelegraph reached out to NAKA for comment but did not receive a response by the time of publication. 

The decline in NAKA’s value comes amid a broad downturn in the Bitcoin treasury sector that started in 2025; however, the company has also underperformed the industry’s top players, including Strategy (MSTR), Twenty-One Capital (XXI) and Strive Asset Management (ASST).

Related: Bitcoin firm Nakamoto records net loss in Q1 despite sixfold revenue growth

BTC treasury companies show signs of recovery, but market remains challenging

Strategy, the biggest Bitcoin treasury company as measured by its BTC holdings, is up about 2.5% YTD, and is trading at about $155 per share.

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Twenty-One Capital, the second-largest publicly traded BTC treasury, with 43,514 coins, is down by more than 17% YTD, and is trading at about $7.26 per share.

The current distribution of Bitcoin among publicly traded BTC treasury companies, private enterprises, government entities and investment funds. Source: Bitcoin Treasuries

Strive is also up by over 20% YTD, last trading at about $17.72 a share.

The digital asset treasury space is likely to experience consolidation in 2026, as bigger companies eat up smaller firms, according to venture firm Pantera Capital.

“2026 will see brutal pruning. In each major asset class, only one or two players will dominate. Everyone else gets acquired or left behind,” analysts at Pantera forecast in January.

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Magazine: Bitcoin will not hit $1M by 2030, says veteran trader Peter Brandt

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Aztec Labs Acquires ZKPassport to Integrate Privacy-Preserving Identity Verification

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Aztec Labs Acquires ZKPassport to Integrate Privacy-Preserving Identity Verification


Aztec Labs has acquired Obsidion, the team behind ZKPassport, a privacy-preserving identity verification protocol built on zero-knowledge cryptography, according to a press release published Wednesday. Obsidion co-founders Michael Elliot and Theo Madzou join Aztec Labs along with their team. The… Read the full story at The Defiant

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May 27 Price Outlook: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ZEC, ADA, XMR

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May 27 Price Outlook: Btc, Eth, Bnb, Xrp, Sol, Doge, Hype, Zec, Ada, Xmr

May 27 Price Outlook: Btc, Eth, Bnb, Xrp, Sol, Doge, Hype, Zec, Ada, Xmr

Bitcoin is under renewed pressure, slipping below the $75,000 mark as institutional sentiment appears to shift. Fresh data show net outflows from BTC exchange-traded funds (ETFs) accumulating since mid-May, while on-chain signals add to a growing narrative of cautiousness among large players. In parallel, a notable spot buyer activity was observed on the downside, with a prominent whale reportedly accumulating BTC on successive days. The confluence of ETF flows, valuation gaps versus equities, and stubborn resistance at key price levels is shaping a fragile near-term outlook for the market.

According to Farside Investors, BTC ETFs posted net outflows totaling about $1.88 billion since May 15, underscoring a waning appetite from some institutional entrants. Glassnode, meanwhile, highlighted persistent net outflows from BTC ETFs on nearly every trading day since May 7, suggesting supply continued to press on the market even as some buyers remained eager to step in at lower prices. The divergence between supply and demand in this window is a focal point for traders watching how institutions reallocate risk in a volatile environment.

Beyond ETF dynamics, BTC’s valuation picture has drawn attention. Bitwise recently noted that the asset is trading below its long-term valuation benchmark, a frame that historically has corresponded with heightened volatility and ripples through risk markets. Its market-value-to-realized-value (MVRV) ratio sits around 1.42, a level that, in historical context, has been associated with elevated risk when paired with broader asset valuations. By comparison, the current gap between BTC’s valuation and US tech stocks is often highlighted as substantial—an indicator of how BTC’s pricing is diverging from traditional equity benchmarks. For some observers, the widening delta with tech equities signals a risk tilt that could amplify if demand from mainstream funds remains tepid.

On-chain observations added another layer to the narrative. Notably, a well-known figure in the space flagged a steady stream of accumulation on the downside. Blockstream CEO Adam Back commented on X that a BTC whale has been purchasing around 450 BTC per day for more than eight days using a time-weighted average price approach, signaling an active demand presence when prices dip. While large buyers may suggest a floor in the near term, the combination of inflows and reserve-building is not yet enough to confirm a sustained turnaround without sufficient follow-through from other market participants.

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Against this backdrop, traders are weighing the near-term chart setup for BTC and a handful of marquee altcoins. The immediate question remains whether the support zone around $76,000 to $74,289 will hold, or if price action will slip further to test lower supports near $70,500, where demand could re-emerge. Conversely, a bounce off that zone could renew momentum toward the mid-$80,000s, with a potential run at $82,000 and then $84,000 if bulls regain traction above recent resistance.

Key takeaways

  • BTC ETFs registered net outflows totaling roughly $1.88 billion since May 15, signaling a renewed wave of institutional selling pressure and a potential reluctance to chase higher prices in the near term.
  • On-chain signals and a prominent whale buy program suggest pockets of demand exist at lower levels, but they have yet to translate into a broad market reversal.
  • The current BTC MVRV ratio sits at about 1.42, with Bitwise noting a valuation gap versus tech equities that underscores a broader market dislocation between BTC and traditional risk assets.
  • Near-term price action hinges on BTC’s ability to defend the $76k–$74k area; a breakdown could open a path toward the $70k range, while a bounce could renew upside toward the $82k–$84k zone.
  • Across major altcoins, the market presents a mixed technical picture, with several assets trading at critical levels that will determine whether risk assets can stabilize or resume their downtrend.

Technical mosaic across major assets

Bitcoin (BTC)

The current setup suggests bears are attempting to seize control after a test of the 20-day exponential moving average near $77,431. A decisive move below the $76,000–$74,289 support band could tilt the short-term advantage to the bears, potentially leading BTC toward the $70,500 area, where buyers have historically stepped in. If, however, price strengthens and sustains above the 20-day EMA, the rally could resume toward the $82,000 level and then to roughly $84,000, where a fresh push could be required to extend a sustained uptrend.

Ethereum (ETH)

ETH has struggled to reclaim the key pivot around $2,000, which has served as a psychological baseline for bulls. A breakdown below this level could open a slide toward the $1,916–$1,750 zone. On the flip side, a sustained move above the moving averages would signal renewed strength and could push ETH toward the $2,465 mark, with the next hurdle near the upper boundary of its current range.

BNB

BNB is clinging to the 20-day EMA near $652, but bears remain vigilant around the $636 level, which coincides with the 50-day simple moving average. A breakdown could take the price down to the $610 target and then toward $570. If buyers defend the moving averages and push higher, the bulls’ target would shift toward $687, with possible advances to $730 and eventually to $790 if momentum accelerates.

XRP

XRP continues its gradual drift toward the $1.27 support, with a strong defense likely required at that level. The chart shows resistance forming around the 20-day EMA at roughly $1.37 and the shape of a downtrend line cap. A failure to defend $1.27 could see XRP testing $1.11 and possibly $1.00. A decisive close above the downtrend line, however, would open the path toward $1.61, marking a potential trend shift.

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Solana (SOL)

SOL remains trapped between the $82.65 support and the 20-day EMA near $86.42. A break below the support could propel SOL toward $76, while a rally above the moving average would keep the trading range intact for the near term, with a potential move back toward the upper end of the range around $98.

Dogecoin (DOGE)

Dogecoin has struggled to sustain a move above the 20-day EMA near $0.10, leaving downside risk on the table. A break below $0.10 could retest the $0.09 support, with a breach of that level opening the risk of a slide toward $0.08. Conversely, a close above the 20-day EMA would suggest continued range-bound action between roughly $0.09 and $0.12, with a break above $0.12 needed to re-ignite a climb toward $0.14 and beyond.

Hyperliquid (HYPE)

HYPE pulled back from a recent breakout at around $64.93, suggesting profit-taking among shorter-term traders. The near-term question is whether buyers can arrest the pullback near $59.41 and flip it into support. A successful defense could spur a rally toward $77, but a break below $59.41 risks a deeper correction toward the 20-day EMA at about $52.14 and, beyond that, toward the 50-day simple moving average near $44.92.

Zcash (ZEC)

ZEC has retreated from the $690 level, with sellers eyeing a hold below the 20-day EMA near $571. A sustained slip could push the price toward the mid-$400s, with a path toward $486 and then $457 likely if downside momentum remains intact. A break above the $690 level would be a notable outlier and could signal a fresh bullish phase.

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Cardano (ADA)

ADA continues to trade below its moving averages, signaling ongoing bearish pressure. A test of the $0.22 support area remains a key risk, while any recovery faces potential resistance near the $0.25 level and the 20-day EMA. A decisive move above $0.31 or below $0.22 would likely define the next major leg for ADA, potentially keeping it in a $0.22–$0.31 range for some time.

Monero (XMR)

XMR has been carving an ascending-channel path, implying that near-term buyers hold the edge. A bounce off the 50-day SMA around $378 has kept buyers engaged, but a break above the downtrend line would be needed to target higher resistance. Conversely, a turn lower and a break below the 50-day SMA would suggest renewed selling pressure toward the channel’s support line.

Across these assets, market participants are watching for how near-term support and resistance interact with the macro backdrop. The ETF outflow narrative, combined with on-chain and volatility signals, points to a market that could remain rangebound in the near term while vulnerable to outsized moves if key levels are breached.

What comes next could hinge on a delicate balance: continued ETF outflows that could constrain upside, yet selective accumulation by buyers at specific price levels that may provide short-term support. Investors will want to monitor whether BTC can defend the $76k zone and whether ETH or XRP can reclaim near-term moving averages, as these moves often set the tone for broader risk appetite in the sector.

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Readers should keep an eye on how new inflows or withdrawals in BTC ETFs interact with on-chain behavior and macro risk sentiment. While the near-term path remains uncertain, the most important milestones to watch include the $76k–$74k support zone for BTC, the $2,000 level for ETH, and the notable resistance levels around the 20-day moving averages for several top assets.

This article was originally published as May 27 Price Outlook: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ZEC, ADA, XMR on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

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Falcon Finance and Anchorage Digital Bank Launch fUSD, a GENIUS-Ready Stablecoin with Rewards on Ceffu

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[PRESS RELEASE – GEORGE TOWN, CAYMAN ISLANDS, May 27th, 2026]

  • Issued by Anchorage Digital Bank, N.A., the first federally-chartered crypto bank in the U.S. with reserves under OCC supervision and attested monthly by Deloitte
  • The GENIUS-ready stablecoin will launch on Ceffu’s institutional infrastructure with a rewards structure: qualifying institutional holders share in the economics of fUSD’s reserves, targeting an estimated 3% per year
  • Rewards are paid by Falcon Finance, the commercial partner, under separate bilateral agreements with qualifying institutional holders, not by Anchorage, the issuer nor Ceffu, the custodian
  • Falcon Finance will be a launch holder, deploying a portion of its own corporate reserves into fUSD from day one

With more than $320 billion in dollar stablecoins now in circulation and short-dated Treasury yields near 4%, holders collectively forgo well over $10 billion a year in potential returns — income that accrues to issuers rather than the desks holding the tokens. fUSD, launched today by Falcon Finance and Anchorage Digital Bank, N.A., is built to close that gap: a GENIUS-ready digital dollar that meets institutional compliance mandates while sharing a portion of its reserve economics with qualifying holders. The GENIUS-ready stablecoin will launch on Ceffu’s institutional custody and collateral infrastructure with a rewards structure.

Falcon Finance, the synthetic dollar protocol with $1.63 billion in USDf circulating supply and ranked among the top ten stablecoins on Ethereum by market cap, today announced the launch of fUSD, a U.S. dollar payment stablecoin issued by Anchorage Digital Bank, N.A. fUSD is GENIUS Act ready, the federal framework for payment stablecoins enacted on 18 July 2025.

The GENIUS Act restricts stablecoin issuers from paying interest or yield to holders. Anchorage Digital Bank issues fUSD but does not pay yield or rewards on the stablecoin itself. Rewards are offered by an entity separate from Anchorage Digital Bank, NA. and are tied to the stablecoin’s underlying collateral, such as U.S. Treasuries. Falcon Finance, as the name partner, operates an institutional rewards program, targeting roughly 3% per year. The rewards are available only to institutional entities that enter a contractual agreement with Falcon; no other regulated U.S. dollar stablecoin currently offers this structure to institutional holders.

fUSD is supported by Ceffu’s institutional custody and collateral infrastructure, the same platform used by leading trading firms and liquidity providers, including FalconX, Presto and Orderly. Falcon already uses Ceffu within its existing custody stack for USDf, its overcollateralized synthetic dollar. By launching fUSD on Ceffu, Falcon positions the stablecoin where professional desks, treasury desks, high-frequency trading firms, basis traders, and counterparties operating under tight compliance mandates, already manage collateral. For these desks, the most widely-used stablecoins return nothing on the balances they hold; a regulated, rewards-bearing dollar lets them improve the economics of their strategies without stepping outside their compliance requirements.

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Falcon Finance will be a launch holder of fUSD, deploying a portion of its own corporate reserves into the stablecoin from launch, a signal of the firm’s confidence in the issuance framework and of how it expects institutional counterparties to engage with the product.

Andrei Grachev, Founding Partner of Falcon Finance, said: “The desks we work with operate under compliance mandates that synthetic and offshore stablecoins were never designed to satisfy, and the regulated dollars they can hold today pay them nothing. fUSD closes both gaps. It’s issued by a federally-chartered bank, backed by Treasuries, launched on the infrastructure these desks already use to manage collateral, and built so qualifying institutional holders can share in the economics of the reserves. We’re putting our own balance sheet behind it from day one.”

Nathan McCauley, CEO and Co-Founder of Anchorage Digital, said: “fUSD is built from the ground up for institutional use, and that’s only possible because of our federal bank charter. Falcon Finance is exactly the kind of partner the GENIUS framework was designed to serve: sophisticated, institutional, and choosing to operate inside U.S. regulation rather than around it.”

Ian Loh, CEO of Ceffu, said: “The integration of fUSD into Ceffu’s ecosystem delivers institutional-grade custody and collateral utility. We look forward to supporting Falcon Finance in expanding the institutional adoption and utility of stablecoins.”

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Falcon Finance now operates two complementary dollar products. USDf, the overcollateralized synthetic dollar, continues to serve DeFi-native users and multi-collateral mandates. fUSD extends Falcon’s reach to federally-regulated treasury desks, compliance-constrained counterparties, and institutional collateral mandates that require a regulated, non-synthetic dollar.

About Falcon Finance

Falcon Finance is building a universal collateral layer that turns any liquid asset, including digital assets, currency-backed tokens, and tokenized real-world assets, into USD-pegged onchain liquidity. By bridging onchain and offchain financial systems, Falcon enables institutions, protocols, and capital allocators to unlock stable, yield-generating liquidity from assets they already hold.

About Anchorage Digital

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Anchorage Digital is a global crypto platform that enables institutions to participate in digital assets through trading, staking, custody, governance, settlement, stablecoin issuance, and the industry’s leading security infrastructure. Home to Anchorage Digital Bank N.A., the first federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, which is licensed by the Monetary Authority of Singapore; Anchorage Digital NY, which holds a BitLicense from the New York Department of Financial Services; and self-custody wallet Porto by Anchorage Digital. Anchorage Digital Bank also offers fiat custody services through the use of an FDIC-insured, licensed sub-custodian. Anchorage Digital is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with a valuation of $4.2 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn.

About Ceffu

Ceffu is a compliant, institutional-grade custody platform offering custody and liquidity solutions that are ISO 27001 & 27701 certified and SOC2 Type 2 attested. Our multi-party computation (MPC) technology, combined with a customizable multi-approval scheme, provides bespoke solutions allowing institutional clients to safely store and manage their virtual assets.

About fUSD

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fUSD is a U.S. dollar payment stablecoin issued by Anchorage Digital Bank, N.A. Subject to final applicable law, fUSD is GENIUS-ready, the federal framework for payment stablecoins. Each fUSD token is backed 1:1 by a reserve pool of cash, short-dated U.S. Treasuries, and Treasury-backed repo via eligible MMF exposure, held at Anchorage Digital Bank under federal supervision. Reserves are attested by Deloitte on a monthly and annual basis. fUSD is purpose-built for institutional trading desks, collateral mandates, and counterparties operating under federally-regulated compliance requirements.

fUSD is not a deposit, not FDIC insured, and not endorsed or guaranteed by the U.S. government.

The post Falcon Finance and Anchorage Digital Bank Launch fUSD, a GENIUS-Ready Stablecoin with Rewards on Ceffu appeared first on CryptoPotato.

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HYPE ETFs top $100M inflows as TradFi quietly piles into Hyperliquid

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HYPE ETFs top $100M inflows as TradFi quietly piles into Hyperliquid

HYPE ETFs have topped $100 million in cumulative net inflows within their first 10 trading sessions, giving Hyperliquid another institutional demand channel as interest in altcoin funds expands.

Summary

  • HYPE ETFs crossed $100 million in cumulative net inflows within their first 10 trading sessions.
  • The inflows are led by 21Shares’ THYP and Bitwise’s BHYP, two U.S. spot products tied to Hyperliquid’s native HYPE token.
  • HYPE has gained nearly 50% this month, while Lookonchain reported that a trader made a $2.51 million profit over 46 days.

According to Farside Investors data, the funds added about $20 million in net inflows on Tuesday, lifting total inflows past the $100 million level. The early activity has come through two U.S. spot products tied to Hyperliquid’s native token, 21Shares’ THYP, and Bitwise’s BHYP.

HYPE funds draw early institutional demand

Farside Investors data showed that THYP and BHYP had already attracted $22.3 million in combined net inflows during their first week of trading. The same data showed that more than $11 million entered the products on a single trading day, giving the funds a fast start among recently launched altcoin investment vehicles.

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Earlier this month, as previously reported by crypto.news, 21Shares launched the first U.S.-listed exchange-traded funds linked to Hyperliquid’s HYPE token. The launch included a spot product with staking exposure and a leveraged fund connected to the decentralized derivatives platform.

Bitwise also entered the market with BHYP, adding another regulated product for investors seeking exposure to HYPE without directly using crypto wallets or decentralized exchanges.

Hyperliquid’s trading activity supports ETF narrative

According to Bitwise, Hyperliquid processed $2.9 trillion in trading volume in 2025. Bitwise also said the platform accounted for about 60% of global on-chain derivatives open interest, placing it among the most active venues in decentralized trading.

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ETF inflows have arrived, while Hyperliquid’s token model remains closely tied to platform activity. Hyperliquid directs nearly 99% of its revenue toward daily open-market HYPE buybacks, according to the project’s tokenomics structure.

Bitwise has also said it will use 10% of BHYP management fees to buy HYPE and stake the tokens on its corporate balance sheet. That structure gives the fund another link to the underlying token beyond investor inflows.

HYPE rises nearly 50% this month

CoinMarketCap data showed HYPE trading near $59.84 at the time of writing, down more than 1% over the past 24 hours. Even with the daily decline, the token has gained nearly 50% this month, while major crypto assets have struggled to sustain a steady advance over the same period.

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The price move has also brought attention to large individual trades. According to Lookonchain, one trader created a new wallet 46 days ago and used $5 million in USDC to buy HYPE.

Lookonchain said the trader sold the full position on Tuesday for $7.51 million. The sale produced a $2.51 million profit in 46 days, according to the on-chain tracker.

The latest inflow figures show that demand for crypto ETFs is no longer limited to Bitcoin and Ethereum products. Recent launches tied to Solana, XRP, and now Hyperliquid have added more choices for investors using regulated market products.

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Bitcoin, Altcoins Selloff Amid Rising ETF Outflows

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Bitcoin, Altcoins Selloff Amid Rising ETF Outflows

Key points:

  • Bitcoin is under pressure as net outflows from the BTC ETFs highlight a shift in institutional investor sentiment.
  • Most major altcoins look weak, suggesting the bears are in control.

Bitcoin (BTC) fell below $75,000 on Wednesday, indicating that the bears are slowly taking charge of the crypto market. Institutional investors seem to be on a selling spree, with BTC exchange-traded funds recording net outflows of $1.88 billion since May 15, per Farside Investors’ data. Glassnode said in a post on X that persistent net outflows from BTC ETFs on nearly every trading day since May 7 add “to the supply side without a visible demand offset.”

BTC’s weakness has sent it tumbling below its long-term valuation average, according to Bitwise. The asset management firm said in a recent report that in the past, only 36% of BTC’s market-value-to-realized-value (MVRV) readings were lower than the current level of 1.42. In comparison, roughly 99% of historical Nasdaq-100 price-to-book ratios were below their present levels, signaling the widest valuation gap on record between BTC and US tech stocks.

Crypto market data daily view. Source: TradingView

While others panic, a whale has used the drop as a buying opportunity. Blockstream CEO Adam Back said in a post on X that a BTC whale had hoovered up 450 “cheap Bitcoins” per day for the past eight and a half days using a time-weighted average price method.

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Could BTC and select major altcoins bounce off their strong support levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC turned down from the 20-day exponential moving average ($77,431) on Tuesday, signaling that the bears are selling on minor relief rallies.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The bulls will attempt to defend the crucial $76,000 to $74,289 support zone, while the bears will strive to pull the BTC price below it. If the support zone crumbles, the short-term advantage will tilt in favor of the bears. The BTC/USDT pair may then descend to the support line near $70,500, which is likely to attract buyers.

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On the contrary, if the price bounces off the support zone, the bulls will again strive to drive the pair above the 20-day EMA. If they succeed, the pair may rally to $82,000 and then to $84,000.

Ether price prediction

Buyers have failed to push Ether (ETH) back above the support line, indicating that the bears are attempting to flip the level into resistance. 

ETH/USDT daily chart. Source: Cointelegraph/TradingView

There is psychological support at $2,000, but if that level cracks, the ETH/USDT pair may decline to the $1,916-$1,750 zone.

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Buyers have an uphill task ahead of them. They will have to push the ETH price above the moving averages to signal strength. If they do that, it suggests that the market has rejected the breakdown below the channel. That increases the likelihood of a rally to $2,465, then to the channel’s resistance line.

BNB price prediction

Buyers are attempting to sustain BNB (BNB) above the 20-day EMA ($652), but the bears have kept up the pressure.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

If the 20-day EMA gives way, the bears will strive to strengthen their position by pulling the BNB price below the 50-day SMA ($636). If they can pull it off, the BNB/USDT pair may tumble to $610, then to $570.

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Conversely, if the price rebounds off the moving averages, it suggests demand at lower levels. The bulls will then again endeavor to clear the $687 overhead hurdle. If they do that, the pair may rally to $730 and then to $790.

XRP price prediction

XRP (XRP) continues to gradually slide toward the $1.27 support, indicating that the bears remain in control. 

XRP/USDT daily chart. Source: Cointelegraph/TradingView

Buyers are expected to mount a strong defense at $1.27, but the relief rally is likely to face selling at the 20-day EMA ($1.37) and then at the downtrend line. If the XRP price declines sharply from the 20-day EMA, it increases the likelihood of a break below $1.27. If that happens, the XRP/USDT pair may plunge to $1.11 and then to $1.

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The first sign of strength will be a break and close above the downtrend line. The pair may then climb to the $1.61 resistance. Buyers will have to pierce the $1.61 level to signal a potential trend change.

Solana price prediction

Solana’s (SOL) has been getting squeezed between the 20-day EMA ($86.42) and the $82.65 support.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA has started to turn down, and the RSI is in the negative territory, indicating a slight edge to the bears. If the price breaks below $82.65, the SOL/USDT pair may plummet to the $76 support.

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Alternatively, if the SOL price rises sharply from the $82.65 level and breaks above the 20-day EMA, it suggests the pair may remain within the $76 to $98 range for a while longer.

Dogecoin price prediction

The failure of the bulls to push Dogecoin (DOGE) above the 20-day EMA ($0.10) suggests a negative sentiment.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

Sellers are attempting to sink the DOGE price below $0.10, opening the door to a retest of $0.09 support. Buyers are expected to defend the $0.09 level with all their might, as a close below it may sink the DOGE/USDT pair to $0.08.

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Contrary to this assumption, if the price rises and closes above the 20-day EMA, it suggests the pair may extend its range-bound action between $0.09 and $0.12 for a few more days. Buyers will have to secure a close above $0.12 to start a new uptrend toward $0.14 and then $0.16.

Hyperliquid price prediction

Hyperliquid (HYPE) pulled back from $64.93 on Monday, signaling profit-booking by short-term traders.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The bulls are attempting to arrest the pullback at the breakout level of $59.41. If they succeed, it suggests that the bulls have flipped the level into support. That improves the prospects of a break above the $64.93 level. The HYPE/USDT pair may then surge toward $77.

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Instead, if the HYPE price breaks below $59.41, the correction may deepen to the 20-day EMA ($52.14). Buyers are expected to fiercely defend the 20-day EMA, as a slide below it would signal the start of a deeper correction toward the 50-day SMA ($44.92).

Related: Three key XRP metrics suggest ‘explosive price expansion’ is next

Zcash price prediction

Zcash (ZEC) declined from the $690 level on Monday, indicating profit-taking by short-term traders.

ZEC/USDT daily chart. Source: Cointelegraph/TradingView

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Sellers are attempting to sustain the price below the 20-day EMA ($571), opening the door to a deeper correction. If they manage to do that, the ZEC price may plummet to $486 and then to the 50-day SMA ($457). 

The 20-day EMA is flattening, and the RSI has dropped toward the midpoint, indicating that the bulls are losing their grip. Buyers will have to thrust the ZEC/USDT pair above $690 to seize control.

Cardano price prediction

Cardano (ADA) remains below its moving averages, indicating that the bears have the advantage.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

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Sellers will endeavor to pull the ADA price to the $0.22 support. Any attempt by the bulls to start a recovery is expected to face strong selling at the 20-day EMA ($0.25). If the price declines sharply from the 20-day EMA, it increases the risk of a break below $0.22.

On the upside, a break and close above the moving averages suggests that the ADA/USDT pair may continue to oscillate inside the $0.22 to $0.31 range for some more time. The next trending move is expected to begin on a close above $0.31 or below $0.22.

Monero price prediction

Monero (XMR) has been trading within an ascending channel, suggesting buyers have the edge. 

XMR/USDT daily chart. Source: Cointelegraph/TradingView

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The XMR price has bounced off the 50-day SMA ($378), indicating buying on dips. There is resistance at the downtrend line, but if the level is breached, the XMR/USDT pair may rise toward the resistance line. The bullish momentum may pick up if buyers drive and maintain the price above the resistance line.

Contrarily, if the price turns down from the downtrend line and breaks below the 50-day SMA, it suggests that the bears are selling on rallies. The pair may then drop to the support line.

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“Ethereum Is a Giver, Not a Taker”: David Hoffman Explains ETH Exit

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Bankless co-founder David Hoffman said he sold his Ether holdings because he believes the long-standing “ETH is money” thesis has already largely played out. Despite this, he remains strongly bullish on Ethereum as a network.

According to Hoffman, the decision did not come lightly, given that he built his career, business, community, and identity around Ethereum.

Ethereum Chose the Hard Path Unlike Bitcoin

In his latest tweet, Hoffman stated that the “ETH is money” thesis depended on Ethereum succeeding across multiple layers of coordination, including decentralized leadership, governance, Layer 2 ecosystems, roadmap execution, and technological development.

Hoffman described Ethereum as “not Bitcoin,” and said that Bitcoin simplified its blockchain to maximize the value of BTC, while Ethereum pursued a more ambitious path by expanding utility across decentralized applications, finance, tokenization, and infrastructure. He even went on to add that Ethereum achieved part of that vision and earned the market capitalization it currently has, but said the opportunity for ETH to be significantly rerated higher by the market now appears to be closing.

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The Bankless co-founder also explained that the broader “strong version” of crypto, which focused on decentralized finance, NFTs, DAOs, and crypto-native systems, failed to maintain long-term mainstream support outside the 2020 to 2022 period. He said crypto’s reputation later became associated with scams, grifts, and speculative behavior, which ended up weakening the social belief system required for ETH to function as money at a global scale.

He further stated that Ether’s utility increasingly benefits other forms of money, especially stablecoins and tokenized dollars, rather than ETH itself. Hoffman described Ethereum as a “giver, not a taker,” while saying that the network provides secure blockspace, tokenization infrastructure, and DeFi support at minimal cost rather than extracting maximum value for ETH holders. He said Ethereum’s architecture prioritizes applications, rollups, and ecosystem growth over ETH itself, which makes it difficult for the underlying crypto asset to fully achieve global money status without overwhelming market dominance.

Ethereum in Crisis?

Hoffman’s decision also comes at a time when bearish sentiment around Ethereum has been intensifying. A recent report by Santiment found that social media discussions have increasingly shifted from optimism toward frustration and concerns about further downside.

The analytics firm said traders have increasingly viewed ETH as “dead money” compared to stronger-performing crypto assets in 2026, as weakening ETF flows, declining on-chain activity, and growing competition from ecosystems such as Solana and BNB Chain added pressure on sentiment.

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Rumors about prominent Ethereum figures reducing or exiting ETH positions, including discussions surrounding Hoffman, have also contributed to rising uncertainty in the market, especially as traders worried about insiders losing confidence in the asset.

The post “Ethereum Is a Giver, Not a Taker”: David Hoffman Explains ETH Exit appeared first on CryptoPotato.

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