Crypto

Accredited investors can buy and sell the gold-backed GLDY token through permissioned liquidity pools operating on the Solana blockchain. Tokenized commodities platform Streamex said it is launching a Solana-based marketplace for trading tokenized assets in partnership with Orca, a decentralized exchange built on Solana. According to a Tuesday announcement, the trading infrastructure will allow verified accredited investors to buy and sell Streamex’s yield-bearing, gold-backed GLDY token through regulated onchain trading pools operating around the clock. The system uses identity and compliance checks tied to Streamex’s KYC and accreditation process to restrict trading access to approved investors while enabling secondary market liquidity for regulated digital assets. Read more

Music v2 brings genre-shifting and section-by-section composition to ElevenLabs. Stable Audio 3.0 ships open weights and six-minute tracks. Is either good enough to dethrone the category leader?

While crypto-backed candidates won runoffs in Texas on Tuesday, industry PACs have less of a stake in California races next week. After six Republican and Democratic candidates supported by cryptocurrency-backed interest groups won primaries for US House of Representatives and Senate seats in Texas, one of the biggest political action committees (PACs) said it would “aggressively back leaders” supporting crypto policies in the future. On Tuesday, candidates notched six wins for congressional runoff primaries in Texas, supported by media spending and endorsements by the crypto industry-affiliates Fairshake, Defend American Jobs, Protect Progress, Blockchain Leadership Fund and Fellowship PACs. Democrat Christian Menefee primaried incumbent Al Green for Texas’ 18th congressional district and Republican state Attorney General Ken Paxton won against incumbent Senator John Cornyn with more than 63% of the vote. Four other Republican candidates — Tom Sell, Alex Mealer, Jon Bonck and Carlos De La Cruz — also won in ...

ElevenLabs has licensed Stan Lee’s voice and likeness, adding the late Marvel comic creator to a growing market for AI celebrity replicas.

The company owns 5,058 Bitcoin, ranking it as the 20th largest publicly traded BTC treasury company, according to data from Bitcoin Treasuries. 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. Read more

The miner's $16.8 billion lease base shows how power and BTC-backed debt are financing a move beyond mining. The post Hut 8 AI landlord data center strategy turns Bitcoin collateral into bridge capital appeared first on CryptoSlate.

Back-to-back price cuts from China's top AI labs have made their models a fraction of the cost of GPT-5.5 and Claude Opus.

Ether futures positioning tightened near $2,000 as rising open interest and dense short liquidity increased focus on a possible squeeze above $2,150. Ether (ETH) remains under pressure after failing to reclaim the $2,150 resistance level. Despite the decline, ETH's aggregate open interest has increased by roughly 350,000 ETH, suggesting new short positions are entering the market. With more than $1.5 billion in bearish positions clustered above $2,150, a successful defense of the $2,000 support zone could trigger a sharp short squeeze and a relief rally for ETH.  ETH has failed to reclaim $2,150 after dropping below it on May 17. The resistance capped the price from February to April, limiting a strong breakout.  Read more

David Hoffman said Ethereum succeeded technologically, but ETH may no longer see a meaningful structural rerating higher from current levels.

By establishing a national charter under the executive branch, United Texas Bank said it intends to enable AI-driven payment rails to intercept global digital dollar volumes.

Cash App has begun supporting stablecoin transactions on networks including Ethereum and Solana, pushing past its Bitcoin-based roots.

Bitcoin briefly lost the $75,000 level after net flows into spot BTC ETFs turned negative. Do technical charts point to a BTC and altcoin recovery? Key points: 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 valu...

XRP's recent decline has pushed trader confidence to rare lows, which Santiment believes points to growing signs of market exhaustion.

The payments giant can now legally conduct digital asset business activity in New York as it deepens its focus on blockchain-based settlement systems. Mastercard’s US transaction services unit has received a BitLicense from the New York State Department of Financial Services (NYDFS), allowing the payments giant to conduct regulated digital asset business activity in the state. The company announced the license approval on Wednesday, but did not unveil any new consumer-facing crypto products. Instead, Mastercard said it plans to continue developing payment and settlement infrastructure tied to digital assets, focusing specifically on stablecoins and tokenized deposits. New York’s BitLicense is widely regarded as one of the strictest state-level crypto regulatory frameworks in the United States. Companies offering certain crypto-related financial services to New York residents are generally required to obtain the license. Read more

GEORGE TOWN, CAYMAN ISLANDS, 27th May 2026, Chainwire

CNBC reported Tuesday that Musk is discussing a merger between Tesla and SpaceX that would tie his tech empire closer together and instantly create the world’s fifth-largest corporate bitcoin treasury, worth $3.3 billion.

The philanthropic arm of ChatGPT maker OpenAI will fund research, worker support, and new models for sharing the gains from automation.

YouTube says new disclosure tools and automatic AI detection will help viewers more easily identify AI-generated videos.

The exchange is taking crypto futures and options 24/7, while trade dates, settlement and reporting stay tied to business days. The post CME’s 24/7 crypto launch will kill Bitcoin’s weekend gap, but Monday now matters more appeared first on CryptoSlate.

Zcash was one of the worst hit, recording a double-digit drop despite remaining massively higher over the past year.