The post Mastercard Secures BitLicense as Bitcoin ETFs See Outflows appeared on BitcoinEthereumNews.com.
Peter Zhang
May 29, 2026 19:33
Mastercard obtained a New York BitLicense for crypto operations, while Bitcoin ETFs face six days of outflows, signaling weakening investor demand.
Mastercard has successfully secured a BitLicense from the New York Department of Financial Services (NYDFS), allowing it to expand its crypto operations in one of the most heavily regulated jurisdictions in the U.S. This regulatory win comes as institutional interest in Bitcoin ETFs appears to be waning, with U.S. spot ETFs logging six consecutive trading days of outflows. Mastercard Targets Stablecoins and Tokenized Payments The BitLicense, issued on May 27, 2026, enables Mastercard to operate regulated virtual currency activities in New York, including those tied to stablecoins and tokenized deposits. This aligns with the payment giant’s broader strategy to integrate blockchain infrastru
The post Strait of Malacca: The $92 Oil Chokepoint Investors Can’t Ignore appeared on BitcoinEthereumNews.com.
Peter Zhang
May 30, 2026 01:03
The Strait of Malacca moves 23.2M barrels of oil daily and 30% of global trade, forcing a repricing of energy, renewables, and bypass routes.
The Strait of Malacca has quietly become the most critical chokepoint in global energy and trade flows. Moving 23.2 million barrels of oil daily and 30% of global seaborne trade through its narrow, 2-nautical-mile-wide passage, Malacca surpasses the more widely discussed Strait of Hormuz in volume and strategic importance. Yet markets have barely priced in this concentration risk—an oversight that is already reshaping investment strategies. Malacca’s Overlooked Scale In the first half of 2025, Malacca handled 29% of global seaborne oil trade, making it the world’s busiest energy transit route. For context, the Strait of Hormuz, often associated with geopolitical flashpoints, moves about 20
The post Bitcoin ETFs Lose $2.9B as BTC Tests $76K appeared on BitcoinEthereumNews.com.
Bitcoin ETFs post $2.9B in 10-day outflows as USDT market cap drops $1.2B before BTC approaches the $76.3K resistance test. Bitcoin exchange-traded funds recorded heavy redemptions through May 29, as spot Bitcoin ETF flows turned negative for 2025. The reported $2.9 billion exit came during ten straight days of outflows. Market attention also moved to Tether, after USDT market value fell by $1.2 billion in 24 hours. Traders are now watching whether Bitcoin can retest the $76,300 area, or face renewed selling pressure. Bitcoin ETFs See Ten Days of Outflows Spot Bitcoin ETFs lost $2.9 billion across ten straight trading days through May 29. The largest daily exit came on May 27, when redemptions reached $733 million. The selling was led by BlackRock’s IBIT, according to the market data shared. IBIT had earlier been one of the strongest drivers of Bitcoin ETF demand. Bitcoin ETFs shed $2.9 billion over
Bitcoin ETFs post $2.9B in 10-day outflows as USDT market cap drops $1.2B before BTC approaches the $76.3K resistance test. Bitcoin exchange-traded funds recorded heavy redemptions through May 29, as spot Bitcoin ETF flows turned negative for 2025. The reported $2.9 billion exit came during ten straight days of outflows. Market attention also moved to […]
The post Bitcoin ETFs Lose $2.9B as Tether Signals Shift Before $76K BTC Test appeared first on Live Bitcoin News.
The post Gravity Bridge Hit by $5.4M Exploit as Bitcoin ETFs Bleed $2.97B Amid Peak Sentiment appeared on BitcoinEthereumNews.com.
Crypto News Gravity Bridge, a cross-chain protocol moving assets between Ethereum and the Cosmos ecosystem, was drained of roughly $5.4 million in a fresh exploit that has forced validators to suspend operations. On-chain analysts spotted suspicious outflows late Saturday, with early forensic work pointing to a likely compromise of the bridge’s contract key. The team behind the protocol confirmed the incident on social media and instructed validators to halt their orchestrators while the breach is being investigated. The episode renews unease over cross-chain infrastructure security, an area that institutional researchers have repeatedly flagged as one of the weakest links in decentralized finance. Forensic firms tracking the breach broke down the stolen haul into roughly $4.3 million in USDC, 274 wrapped ETH worth about $553,000, $434,000 in Tether, and 14
The post CFTC Moves to Reverse Gemini $5M Settlement in Unprecedented Step appeared on BitcoinEthereumNews.com.
Peter Zhang
May 29, 2026 22:55
The CFTC’s bid to vacate its $5M settlement with Gemini marks a rare regulatory reversal, citing issues with whistleblower credibility and evidence.
The U.S. Commodity Futures Trading Commission (CFTC) has taken the rare step of attempting to reverse a $5 million settlement it reached with cryptocurrency platform Gemini in January 2025. The agency filed a motion in the U.S. District Court for the Southern District of New York earlier this week, claiming whistleblower credibility issues and concealed evidence from prior leadership as the basis for its reversal. This move has drawn attention for its rarity. Tim Massad, former CFTC chair, described the action as “extraordinarily unusual,” emphasizing that such reversals are unprecedented. “The explanation seems to be that the staff got it wrong, not that the law was unclear,” Mass
The post Spot Bitcoin ETFs See Record 10-Day Outflow Streak, Analyst Calls It ‘Contrarian Indicator’ appeared on BitcoinEthereumNews.com.
Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for ten consecutive trading days, with total net redemptions exceeding $2.97 billion since May 15, a streak that one analyst says may signal a market bottom is near. According to data from SoSoValue, daily outflows ranged from $70 million to $733 million across the period, with the steepest single-day exodus recorded on Wednesday at $733.43 million. Total net assets held across spot Bitcoin (BTC) ETFs have dropped from $104.29 billion on May 15 to $94.17 billion as of Friday, a decline of roughly $10 billion in two weeks. The current streak broke the previous record of eight consecutive outflow sessions, which was recorded in early last year and saw $3.2 billion in withdrawals, on Thursday, before extending to 10 days on Friday. Spot Bitcoin ETFs have become a major gauge of institutional
The post k-ID Leverages Manus AI to Simplify Global Child Safety Compliance appeared on BitcoinEthereumNews.com.
Peter Zhang
May 29, 2026 22:31
k-ID partners with Manus to streamline regulatory compliance across 200 countries using AI-powered tools, addressing evolving global child safety laws.
Singapore-based startup k-ID, known for its cutting-edge compliance solutions for child safety, has integrated Manus’s AI-powered platform to tackle the increasingly complex web of global regulations. With child data protection laws tightening worldwide, including the recent COPPA amendments in the U.S., k-ID’s collaboration with Manus aims to simplify compliance for digital platforms operating across 200 countries. k-ID’s core mission is to help game studios and tech companies create age-appropriate user experiences while adhering to regulations like COPPA, the UK Age-Appropriate Design Code, and GDPR. The company’s Global Compliance Engine offers API-based tools to dynamicall
The post Ripple and Stellar: Pioneers of a Balanced Financial Future appeared on BitcoinEthereumNews.com.
SMQKE, known for insights into the cryptocurrency world, envisions a future where Ripple‘s XRP and Stellar’s XLM become key elements of the financial landscape, akin to how Visa and Mastercard have operated in traditional markets. Rather than one blockchain reigning supreme, these two could coexist as major contributors to global finance. Continue Reading:Ripple and Stellar: Pioneers of a Balanced Financial Future Source: https://en.bitcoinhaber.net/ripple-and-stellar-pioneers-of-a-balanced-financial-future