News linked to both this project and an event.
According to the Central Bank of Russia’s “Financial Stability Review,” Russian private investors currently hold approximately 3.8 billion rubles in cryptocurrency-linked financial instruments—a figure nearly unchanged from 3.7 billion rubles six months earlier—indicating stagnation in market interest growth. Of this amount, 1.7 billion rubles flowed into crypto-linked corporate bonds; 5,600 investors collectively held cryptocurrency futures positions worth 1.7 billion rubles; and roughly 3,800 investors allocated 354 million rubles to digital financial assets pegged to Bitcoin and Ethereum. Major issuers include large banks such as Sber and VTB. Meanwhile, the Moscow Exchange has progressively launched Bitcoin and Ethereum futures, along with related ETFs, and will introduce Solana, Ripple, and TRON futures in May 2026.
According to Protos, Twenty One Capital (ticker: XXI), a Bitcoin reserve company controlled by Tether, received an official non-compliance notice from the New York Stock Exchange (NYSE) on May 29 due to insufficient independent directors on its Audit Committee. The company must rectify the issue by Friday, June 6; otherwise, its stock will be assigned the “BC” (Below Compliance) designation starting June 9. The incident stems from May 19, when Tether acquired all 89.1 million Class A shares held by SoftBank and canceled the corresponding Class B shares. Concurrently, Tether terminated the governance agreement granting SoftBank veto rights over the Board of Directors. As a result, the two directors appointed by SoftBank—including Jared Roscoe, a member of the Audit Committee—resigned the same day, reducing the number of independent Audit Committee members from two to one, thereby triggering the NYSE’s compliance threshold. Twenty One Capital has stated it will appoint a new independent Audit Committee member as soon as possible but has not disclosed the specific candidate or who holds the authority to make the appointment. The company currently holds 43,514 BTC, valued at approximately $3.1 billion, yet its total market capitalization remains below $2.5 billion. Amid leadership instability and multiple unfulfilled business commitments, its stock price has plunged over 83% in the past year.
According to The Block, Strategy disclosed in an SEC filing that it sold 32 BTC between May 26 and May 31, generating approximately $2.5 million in proceeds to pay dividends on its preferred stock. This marks the company’s first Bitcoin sale since December 2022. The disclosure sparked controversy in a Polymarket prediction market—valued at over $20 million in trading volume—that had asked whether Strategy would sell Bitcoin before May 31. The dispute centers on whether the sale qualifies: “Yes” proponents argue the sale occurred before the deadline; “No” proponents contend the information was not publicly disclosed before the market closed and therefore should not count. The market has now entered its final review phase. Polymarket added that “results confirmed outside the deadline will not be recognized,” leaning toward the “No” side. If the dispute escalates further, UMA token holders will vote to resolve it—but prior reports indicate UMA voting power is highly concentrated, with over 60% of active voters linked to Polymarket accounts, raising concerns about impartiality.
Prediction market platform Kalshi has submitted a self-certification application to launch derivatives linked to Ethereum, XRP, Solana, Dogecoin, Stellar, Chainlink, Bitcoin Cash, Litecoin, Sui, Shiba Inu, Polkadot, and Hedera. This follows the CFTC's approval of Bitcoin perpetual futures last Friday. The CFTC stated that perpetual futures products that US companies intend to list, other than Bitcoin, will be reviewed on a case-by-case basis, and noted that the design of such derivatives may not be suitable for all asset classes. Therefore, this batch of products submitted by Kalshi has not yet been approved.
market analysts have pointed out that if Elon Musk's proposed merger between SpaceX and Tesla proceeds, SpaceX may need to issue new shares equivalent to 94% of its current outstanding shares to acquire Tesla, increasing the total share count to approximately 8 billion. However, the financial logic of the transaction faces challenges. Tesla's GAAP net profit over the past 12 months has dropped from $15 billion in 2023 to $3.9 billion. After excluding regulatory credit revenue and Bitcoin gains, its core operating profit stands at only about $2.3 billion.Analysts believe that this transaction may essentially be an attempt to use a high-valuation asset to acquire another similarly overvalued company, leaving significant uncertainty regarding its long-term profitability and cash flow performance. The combined company's valuation could reach $3.4 trillion, with SpaceX estimated at $1.75 trillion and Tesla's current market cap around $1.65 trillion. Musk may be leveraging the high valuation from SpaceX's impending IPO to support Tesla, which is under earnings pressure. (Fortune)
Galaxy stated in March this year, the New York State Supreme Court quietly accepted a lawsuit seeking to confirm the ownership of over 3.7 million Bitcoin (worth approximately $274 billion) associated with 39,069 Bitcoin addresses. This includes addresses belonging to Bitcoin creator Satoshi Nakamoto (a total of 21,744 addresses holding 1.09 million Bitcoin, valued at $83.7 billion at current prices).The plaintiff is Noah Doe (a pseudonym) and two unnamed Wyoming limited liability companies. Noah Doe requests the New York State Supreme Court to declare, via a declaratory judgment action (New York Civil Practice Law and Rules Section 3001) under the New York State Abandoned Property Law (Personal Property Law Article 7-B), that they possess ownership of these dormant addresses.In short, they seek a ruling from a New York court that the Bitcoin belonging to founder Satoshi Nakamoto (along with many other lost Bitcoin addresses) constitutes abandoned property. They argue they are entitled to legal ownership by virtue of "finding" these cryptocurrencies. From June 30 to July 10, 2025, they sent "disclaimer notices" to each found address via OP_RETURN.However, even if they win the case entirely, they will ultimately only obtain a court declaration. They will not receive any private keys, nor will they be able to transfer any Bitcoin from these addresses. But Galaxy states that the true value of the New York ruling lies in its ability to act as a "cloud on title." If these Bitcoins ever appear on any regulated platform, plaintiff Noah Doe could use this document to file a claim with an exchange or custodian.
According to independent analyst Markus Thielen, Bitcoin is down 16% year-to-date and is entering its historically seasonally weak June window—over the past decade, June’s average return has been just +0.7%. However, this year’s May rally significantly underperformed the historical average, raising the probability of a seasonal reversal. Meanwhile, several catalysts are set to materialize soon, including U.S.-regulated crypto perpetual futures products and Nasdaq CME Crypto Index Futures (scheduled for launch on June 8). If these bring new buying support, Bitcoin could stage a short-term rebound.
According to CoinTelegraph, Kraken announced on May 30 that it plans to launch CFTC-regulated Bitcoin perpetual futures contracts via its subsidiary Bitnomial exchange within the next 30 days, targeting U.S. institutional clients. Earlier the same day, the CFTC formally approved perpetual futures contracts linked to the Bitcoin spot price, with KalshiEX becoming the first exchange to receive approval for listing such products. Meanwhile, Coinbase Financial Markets swiftly followed suit, leveraging Deribit—the world’s largest crypto options exchange, which it acquired in August 2025—to provide U.S. institutional clients with access to global crypto options and perpetual futures markets.
Kraken has announced plans to launch CFTC-regulated perpetual futures contracts in the United States within the next 30 days. The exchange stated that, upon approval, the relevant contracts will be listed on Bitnomial Exchange; Bitnomial is a CFTC-regulated exchange recently acquired by Kraken's parent company, Payward. Kraken said it submitted an application on Friday and indicated that US customers will soon be able to trade perpetual futures on Kraken Pro. As of early Sunday morning, no application specifically for Bitcoin perpetual futures had been identified in Bitnomial's recent CFTC filings. On April 17, Payward announced it would acquire crypto derivatives platform Bitnomial for up to $550 million to offer its perpetual futures products to Kraken Pro clients. Previously, the CFTC had approved KalshiEX to trade Bitcoin perpetual futures contracts, and Coinbase Financial Markets also began providing US institutional clients with access to global crypto options and perpetual futures markets through regulated futures commission merchant Deribit. (cointelegraph)
According to a report by Forbes, JPMorgan CEO Jamie Dimon stated that the U.S. crypto market structure bill—the Clarity Act—allows crypto companies to offer deposit-like interest yields on products such as stablecoins, but without corresponding protections; such arrangements “could ultimately collapse,” and he personally will not participate in them. The report notes that disagreements between banks and crypto firms over whether stablecoin accounts may offer interest-like rewards persist, and the likelihood of the Clarity Act passing this year has dropped from nearly 70% to just above 50%. Affected by this uncertainty, Bitcoin recently fell below $76,000.
the Qingdao Licang District Procuratorate issued an announcement stating that the defendant, surnamed Zhang, took advantage of an opportunity to register a virtual currency wallet on behalf of the victim to obtain the seed phrase, and subsequently transferred 107 Bitcoins from the victim, surnamed Feng, in multiple batches during the early morning hours. Zhang then layered the transfers through various virtual currency trading platforms, converting the Bitcoin into over 660,000 RMB. The Qingdao Licang District People's Court sentenced Zhang to 10 years and 9 months in prison and imposed a fine of 100,000 RMB for the crime of theft in the first instance.After the defendant appealed, the Qingdao Intermediate People's Court ruled to dismiss the appeal and uphold the original verdict. The case determined the theft amount based on the actual illegal proceeds from the sale, totaling over 660,000 RMB. (Shandong Legal Daily)
the U.S. Department of State announced the designation of two Brazilian organizations, Comando Vermelho (CV) and Primeiro Comando da Capital (PCC), as "Specially Designated Global Terrorists (SDGTs)." They plan to officially designate them as "Foreign Terrorist Organizations (FTOs)" starting June 5, 2026. These organizations have been accused of using digital currencies for money laundering, with PCC reportedly using Bitcoin mining as a cover for laundering funds.Previously, Brazil passed a new law in March of this year allowing confiscated crypto assets to be used for public safety expenditures. This move marks Brazil's shift in viewing crypto assets from a potential reserve tool to law enforcement resources, strengthening efforts to combat crimes by PCC, CV, and other organizations, while advancing the judicial system's capabilities in regulating and disposing of digital assets.
Kraken has announced plans to launch its first perpetual futures product regulated by the U.S. Commodity Futures Trading Commission (CFTC) in the U.S. market within the next 30 days.Eligible U.S. clients will be able to trade perpetual futures on digital assets including BTC, ETH, SOL, XRP, ADA, LINK, DOGE, LTC, and AVAX through Kraken Pro. Kraken stated that it will gradually expand contract types and product features in the future, as well as provide more collateral options.It is reported that the perpetual futures on Kraken Pro are provided by NinjaTrader Clearing, LLC (operating as Kraken Derivatives US), which is a CFTC-registered Futures Commission Merchant. The related spot margined and perpetual futures products will be available on the Bitnomial Exchange, a CFTC-regulated exchange that was recently acquired by Payward, Kraken's parent company.
Michael Saylor posted on platform X, stating that CFTC guidelines are driving the development of the Bitcoin capital market, including 24/7 trading, BTC collateral, perpetual futures, options, and regulated access. This will benefit BTC holders, power the MSTR engine, and support the development of STRC as Bitcoin-backed digital credit.
: Texas Deputy Comptroller Kelly Hancock has officially appointed four external members to the Strategic Bitcoin Reserve Advisory Committee. Established pursuant to Senate Bill 21, the committee includes CleanSpark President and CFO Gary Vecchiarelli, Bitcoin mining firm Cormint founder and CEO Jamie McAvity, Southern Methodist University law professor Carla Reyes, and investment executive Laurie Dotter. They will advise the Comptroller on Bitcoin valuation, custody, and risk management. (The Block)
the U.S. Commodity Futures Trading Commission (CFTC) announced today that it has issued an approval order to KalshiEX, LLC, a designated contract market (DCM), allowing it to list the perpetual contract BTCPERP, which references the spot price of Bitcoin, for trading as a futures product. The contract was submitted for review on May 29, 2026, pursuant to CFTC Regulation 40.3.The CFTC reviewed the BTCPERP contract under Section 5c(c)(4) of the Commodity Exchange Act (CEA) and relevant regulations, confirming that it complies with the CEA and CFTC rules, including core principles applicable to DCMs. The approval order requires Kalshi to strictly adhere to the CEA and all relevant CFTC regulations when listing and maintaining the contract.The CFTC also noted that the perpetual contract structure is not suitable for all asset classes and encouraged market participants to voluntarily submit applications for perpetual contract approval under the 40.3 rulemaking for uncovered assets to ensure compliance and robust market development.
Coinbase has announced it has become the first and currently the only Futures Commission Merchant (FCM) regulated by the U.S. Commodity Futures Trading Commission (CFTC), providing U.S. clients with access to the global crypto derivatives market, including crypto perpetual contracts and options. Previously, U.S. institutions could only trade crypto products derived from domestic futures exchanges, lacking access to global markets.Previously, U.S. clients were unable to participate in such global markets through compliant channels and had to establish offshore entities to access liquidity, resulting in increased counterparty risk and duplicated infrastructure costs. Through a single CFTC-regulated FCM, Coinbase Financial Markets is opening compliant access to global crypto options and perpetual contracts for U.S. institutional clients, including connectivity to platforms like Deribit, whose Bitcoin options open interest exceeds $31 billion, accounting for the vast majority of the global options market.Institutional clients can begin onboarding immediately. Deribit options are now available via Coinbase Financial Markets, with perpetual contracts and additional collateral types to be rolled out gradually. Broader access for retail clients is also in the pipeline.This move means that U.S. clients can finally participate in the world's largest and most liquid crypto derivatives market through a single, regulated channel, providing institutional investors with a more complete and compliant trading environment while reducing cross-border operations and complexity.
According to CoinDesk, the U.S. Commodity Futures Trading Commission (CFTC) approved, for the first time on May 29 local time, a regulated exchange to list and trade Bitcoin perpetual futures contracts (“Perps”), marking the first such case in U.S. regulatory history. CFTC Chair Mike Selig characterized this move as a “significant milestone,” stating that perpetual contracts serve as foundational risk-management and price-discovery tools in global crypto-asset markets, and that the CFTC will provide an actionable regulatory framework for such contracts while restricting excessive leverage and systemic risk. Previously, perpetual contract trading had long migrated to non-U.S. jurisdictions due to the absence of regulatory oversight. The CFTC has not yet disclosed the names of the first batch of approved exchanges, and this policy has not yet been elevated to the level of formal regulation—meaning it remains subject to potential reversal in the future.
Arkham posted on X stating that Nakamoto purchased approximately $679 million worth of Bitcoin at an average price of about $118,000 per BTC and has held it long-term without selling—except for a sale of 284 BTC at roughly $70,000 per BTC three months ago, resulting in cumulative losses of approximately $224 million. It is thus far the worst-performing Bitcoin treasury company. Currently, the market value of Nakamoto’s Bitcoin holdings has declined by over 35%, and its stock price has plunged 99.4%, falling from $1,000 (post-split adjusted) to $5.60. Its actual peak stock price reached only around $30, subsequently dropping below $0.20, prompting a 1-for-40 reverse stock split to comply with Nasdaq listing requirements.
Odaily报道, “BTC OG insider whale” Garrett Jin has released his “Weekly Market Strategy Signal.” In his analysis, he points out that the current geopolitical situation and the trajectory of the US dollar are deadlocked: despite US strikes on Iranian-related targets, tensions in the Strait of Hormuz remain unresolved. Although US Secretary of State Rubio signaled “positive news,” the peace agreement proposed by Iran has already been vetoed by the White House.Long-term US Treasury yields continue to hover in the 5.07% – 5.18% range, reaching their highest levels in 19 years. The S&P 500 index briefly hit a new high before quickly pulling back. Garrett Jin believes that a single positive or negative catalyst is insufficient to change the market landscape. Only when at least two of the three key factors—the credit environment, Federal Reserve policy, and geopolitical conditions—converge can the market experience a substantial shift.On another front, capital expenditure in the AI sector is accelerating its shift from the United States to Asia. ByteDance plans to increase its capital expenditure to as high as $70 billion this year, while Tencent and Alibaba are also ramping up their investments. Competition in the AI arena has now escalated to the level of national competition.