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Tuesday2026/06
05-27
HYPE Whale Sells $9.25M Tokens Amid Profit-Taking
A whale sold over $9M worth of HYPE tokens. Additional sell orders placed between $63 and $70. Signals profit-taking amid rising prices.Large investors, often called whales, are beginning to take profits from $HYPE’s recent rally. One wallet, identified as 0x632B, has made a notable move by selling ...
XRP Price Target of $200 Requires Major Market Expansion, Expert Says
The idea of XRP reaching $200 may sound bold, but for many analysts it’s also tied to one uncomfortable reality: the token would need more than a strong chart—it would require the market to expand to a level crypto has never reached.Market expert Sam Daodu argued in his latest report that the gap be...
Hedge funds and mutual funds sold software and bought semiconductors in Q1 2026.
Article by Zhao YingSource: Wall Street JournalIn the first quarter, U.S. hedge funds and large mutual funds reached a rare consensus: sell software and flood into semiconductors, pushing the overweight position in semiconductors to an all-time high.According to Goldman Sachs' latest reports, "Hedge...
XRP Stuck Near $1.32 Amid Failed Breakout Attempt at $1.36–$1.38 Resistance
XRP held near $1.32 on May 27 after a fresh attempt to break higher fizzled, keeping the token trapped in a tightening range that has dominated price action for months. The failed move near $1.36 underlined how difficult it’s become for buyers to build sustained momentum, even as large holders appea...
Coinbase-Backed Base Launches MCP to Enable AI-Driven Wallet Actions
Coinbase-backed Layer-2 Base has rolled out Base MCP, a new bridge between AI agents and crypto wallets that aims to let users manage on-chain activity via chat — while keeping final approval firmly in human hands.
What Base MCP does
- Base MCP connects Base Accounts to AI clients that support the ...
The CLARITY Act Faces Greater Hurdles Amid Political Tensions in 2026
CoinDesk reports:The momentum of the CLARITY Act, the U.S. Crypto Market Structure Act, is under renewed pressure. Jaret Seiberg, an analyst at TD Cowen, stated that as political polarization in Washington intensifies, the legislative prospects for this key U.S. crypto regulatory bill are weakening,...
Pi Network sets June 2 deadline for Mainnet node upgrade to Protocol 24.1
CoinDesk reports:Pi Network has set the mainnet node upgrade date for June 2, 2026. The core team requires all mainnet node operators to complete the Protocol 24.1 update by the deadline, or they will be unable to remain connected to Pi Mainnet.This update follows closely after Protocol 23. Unlike n...
KuCoin Futures Lists SPCXUSDT Pre-IPO Stock Index Perpetual Contract
In accordance with Announcement, KuCoin Futures has listed the SPCXUSDT Pre-IPO Stock Index Perpetual Contract for users in supported countries and regions. Trading is now open with up to 5x leverage. The contract is based on SpaceX (SPCX), settles in USDT, and has a capped funding rate of +0.005% d...
South Korea’s first prosecution for a DEX rug pull under the Virtual Asset User Protection Act involves the CATFI project.
According to Mars Finance, citing Crypto.news, the Seoul Southern District Prosecutors’ Office’s Virtual Asset Crime Joint Investigation Unit arrested and indicted two main suspects in connection with the Solana meme coin CATFI on suspicion of market manipulation, while a third individual was indict...
South Korean prosecutors sue DEX fraudsters in the Solana meme coin CATFI case.
BlockBeats report: On May 27, South Korean prosecutors filed charges in connection with a rug pull scam involving the Solana ecosystem meme coin CATFI, marking the country’s first arrest and prosecution under the Virtual Asset User Protection Act for such activity on a decentralized exchange (DEX).T...
Nvidia to Invest $150 Billion Annually in Taiwan for AI Infrastructure
Nvidia is pouring $150 billion a year into Taiwan. To put that number in perspective, it’s roughly equivalent to the entire GDP of Hungary, except Nvidia plans to spend it annually in a single country on a single mission: building the infrastructure for artificial intelligence.CEO Jensen Huang made ...
Ethereum Value Debate Intensifies as Former Supporter Questions Thesis
Xaif Crypto shared criticism that Ethereum’s “ultrasound money” thesis has weakened.The argument says Layer 2 networks now capture much of the activity and fee value.BankXRP questioned why Ethereum avoided the same SEC pressure that Ripple faced.Ethereum is facing renewed debate after Xaif Crypto sh...
SlowMist's Yu Xian: DeFi projects should conduct quarterly on-chain and off-chain security drills
ME News reports that on May 27 (UTC+8), Yu Xian, founder of SlowMist, posted that “the two dark clouds hovering over DeFi are a black-hat hacker skilled in AI and an XX organization adept at social engineering.” He advised all DeFi projects to promptly leverage AI to identify security risks in their...
Smart money buys over $110,000 in GENG victory prediction on Polymarket
Odaily Seer monitoring shows that the smart money account (0x1136368d7f6728e94ed14c532ab95a932f710c2e) purchased over $110,000 worth of GENG to win against HLE in the Polymarket prediction event for the LCK Second Split Regular Season, with an average entry price of 61.9¢ and a position size of 179,...
SlowMist’s Yu Chui Recommends DeFi Projects Use AI to Identify Security Risks
Odaily Planet Daily reports that Yu Xian of SlowMist posted on X that there are two dark clouds hanging over DeFi: black-hat hackers proficient in AI and social engineering-savvy XX organizations. He recommends that all DeFi projects immediately leverage their strongest AI tools to identify security...
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