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Crypto News
The U.S. has conducted new strikes against Iran, Reuters reported Wednesdayevening. Details are sparse, but the headline was enough to send an already weakcrypto market even lower.
Bitcoin has sunk to $73,000, down more than 3% over the past 24 hours, and its weakestlevelin about six weeks.
Kraken Unveils Bitcoin Yield Vault Offering 2.5% APR
Kraken has launched a Bitcoin (BTC) yield product allowing users to earn up to 2.5% annual yield, marking a significant expansion of its offerings as demand for crypto yield products continues to rise. The product, rolled out on May 28, attracted $30 million in Bitcoin deposits from 4,000 wallets within the first 10 hours of launch, according to Veda, the infrastructure provider supporting the initiative.
Crypto Card Volume Hits $7.8B, Up 230% YoY as Stablecoins Drive Adoption
Monthly transaction volume on crypto-linked payment cards has skyrocketed 230% year-over-year, hitting $7.8 billion in May 2026, according to data from The Kobeissi Letter. This surge underscores the growing integration of stablecoins into everyday financial transactions and the deepening collaboration between fintech innovators and traditional payment giants like Visa and Mastercard.
Streamex and Orca Debut Solana-Based Trading for GLDY Token
Streamex and Orca have rolled out a Solana-based secondary trading platform for tokenized securities, starting with Streamex’s GLDY token, a gold-backed, yield-bearing asset. This system enables accredited investors to trade GLDY through regulated onchain liquidity pools, designed to offer 24/7 market access while adhering to compliance requirements.
Mastercard Granted New York BitLicense for Crypto Expansion
Mastercard has been granted a New York BitLicense, a key regulatory approval from the New York State Department of Financial Services (NYDFS), enabling the company to expand its digital asset operations in one of the most tightly regulated markets in the United States. The announcement, made on May 27, 2026, signals Mastercard's ongoing push to integrate blockchain technology into its payments ecosystem, particularly through stablecoins and tokenized deposits.
Anchorage Digital Issues fUSD as SoFi Enters Stablecoins
Anchorage Digital, the first federally chartered crypto bank in the U.S., has announced the issuance of fUSD, a dollar-backed stablecoin created in collaboration with Falcon Finance. Simultaneously, SoFi has introduced its own stablecoin, SoFiUSD, marking a significant expansion of stablecoins into both institutional and retail sectors.
Bitcoin Spot ETF Flow
The overall net outflow of the US Bitcoin spot ETF on Wednesday was $205.58 million. The total net asset value of Bitcoin spot ETFs is $97.72 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 2.45%.
Source: SoSoValue
The Bitcoin spot ETF with the highest net outflow on May 27 was Grayscale Bitcoin Trust ETF (GBTC), with a net outflow of $104.76 million, according to SoSoValue.
Source: SoSoValue
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