FTX Trading Ltd. and the FTX Recovery Trust have provided an operational update regarding the next phase of creditor and stakeholder distributions under FTX’s restructuring process.
According to a press release issued this week, the anticipated record date for the next distribution to holders of allowed claims and interests has been set for June 16, 2026, with distributions expected to commence on July 31, 2026. Payments to eligible Preferred Equity Holders are scheduled for July 31, 2026.
Holders of Allowed NFT Customer Entitlement Claims under the confirmed Chapter 11 Plan will become eligible to initiate the NFT distribution process beginning June 30, 2026, according to FTX.
$XRP Institutional Money Rotates From Bitcoin & Ether Into XRP In late May, XRP ETFs recorded roughly $60.5M in net inflows – even as BTC funds shed $1B & ETH products lost $65M.
Read more on DailyCoin: https://dailycoin.com/institutional-money-rotates-from-bitcoin-ether-into-xrp/?utm_source=thecryptoapp
An on-chain focused wealth mentor has flagged a sharp and unusual divergence in crypto ETF flows: while U.S.-listed Bitcoin and Ethereum products saw heavy net outflows in the same week, XRP exchange-traded funds attracted their strongest inflows of the year.
In a recent breakdown, Dr. Kamilah Stevenson argues this was not a retail-driven blip but a clear signal of how professional capital is reallocating across the three largest regulated crypto products available to institutions.
$RENDER continued with its bullish streak, jumping to a five-month high of $2.403, before slightly retracing.
As of this writing, RENDER traded at $2.35, up 17.06% on the daily charts. Over the same period, the altcoin’s trading volume climbed 294% to $245 million, a clear sign of strong bullish pressure.
The current price uptick was largely driven by the rising demand across the AI sector. According to Santiment Intelligence, RENDER’s momentum stems primarily from continued expansion in demand for AI infrastructure.
$BNB SpaceX awarded $2.2B contract for military data network with laser links and advanced encryption
The US Space Force tapped Elon Musk's company to build a low-Earth orbit satellite constellation designed to move military data through contested environments.
SpaceX just landed one of the largest military satellite contracts ever awarded to a single company. The US Space Force signed a $2.29 billion firm-fixed-price agreement for what it calls the Space Data Network Backbone, a constellation of satellites in low Earth orbit built to shuttle sensitive military data at high speed using advanced encryption and inter-satellite laser communications.
The contract, structured as an Other Transaction Authority (OTA) agreement, requires SpaceX to deliver a fully operational prototype by the end of 2027.
WHEN THE MEME COIN SEASON COMES BACK WHICH MEME COIN WILL REACH $1
$BONK $PEPE $FLOKI
Based on current market capitalization data and analyst observations, PEPE is the only one among the three that currently has a market cap above $1 Billion. BONK is the closest contender, while FLOKI would need the strongest rally to reach that threshold.
Here is the breakdown of their current standings and potential:
· PEPE (Current leader): Already sits firmly in the $1.4B - $2B+ range. With a very loyal community and recent 66% weekly surges, analysts speculate it could attempt to challenge older giants like SHIB. · BONK (Top contender): Currently valued at approximately $559M - $910M. As the "King of Solana," it has strong ecosystem backing. If it recovers to its previous **$4B** all-time high, it would not only hit $1B but far surpass it. · FLOKI (The dark horse): Currently the smallest of the three at $269M - $480M. It focuses on utility (Metaverse/Gaming). It has the farthest distance to climb and needs the strongest rally to catch up.
You will buy this vehicle when the meme season comes back.
$BTC ARK Invest CEO Cathie Wood shared remarkable price predictions for Bitcoin over the next five years. Wood predicted that in a baseline scenario, Bitcoin could reach $750,000, while in a bull market scenario, the price could rise to $1.25 million.
Cathie Wood stated that one of the most important factors behind this prediction is Bitcoin’s increasing perception as “digital gold.” According to her, investors continue to view Bitcoin as an alternative store of value in the face of global economic uncertainties and inflation risks. Wood also argued that BTC has moved beyond being merely a speculative investment and has become a “hedging” and insurance asset within the financial system.
$ETH Tanker explosion near Oman raises concerns over Strait of Hormuz security
The reported tanker explosion near Oman suggests increased regional instability, impacting the Strait of Hormuz markets. – Current pricing in the “traffic normal by July 31” market reflects decreased confidence in traffic normalization. – The “average daily transits by May 31” market indicates a significant likelihood of disruptions in shipping activity
The UK Maritime Trade Operations (UKMTO) has reported an incident involving an explosion on a tanker located 60 nautical miles off the coast of Oman, near Muscat. The tanker experienced an external explosion close to the waterline on the port side aft. This development has heightened concerns about maritime security in the region, particularly affecting the vital shipping routes through the Strait of Hormuz.
Tokenized real-world assets firm Ondo Finance announced the unexpected death of founder Nathan Allman on Tuesday, with longtime president Ian De Bode stepping in as CEO.
Ondo Finance said its founder, Nathan Allman, has died unexpectedly, without disclosing the cause of death.
Ian De Bode, the firm’s longtime president who has overseen strategy, product and daily operations, will become chief executive with the backing of the leadership team.
Allman, a Brown graduate and former member of Goldman Sachs’s digital assets team, founded Ondo in 2021 and led its growth into a tokenized real-world asset pioneer with $3.5 billion in total value locked and products including the USDY stablecoin and OUSG Treasury fund.
$BTC US strikes Iranian military targets as negotiations near completion, Rubio confirms
Secretary of State says military readiness continues while a framework deal on the Strait of Hormuz takes shape, with crypto markets caught in the crossfire.
The United States is simultaneously bombing Iranian military infrastructure and negotiating a diplomatic deal with Tehran. Secretary of State Marco Rubio confirmed in May 2026 that the US maintains full readiness for additional strikes against Iranian targets even as negotiations inch toward a finalized agreement. The talks are centered on two critical issues: reopening the Strait of Hormuz and establishing a framework around Iran’s nuclear program.
$BTC Bitcoin’s 200-Day Moving Average Has Become The First Major Rejection Zone
Bitcoin reached $82,400 on May 6 before stalling at the 200-day moving average, pulling back to as low as $74,000 during the most recent weekend. Merlijn’s chart analysis compares this current 2026 setup on the daily candlestick timeframe with Bitcoin’s 2022 structure.
Looking at the 2022 example, Bitcoin pushed into the 200-day moving average around $48,000 in early April, failed to hold that level, and then continued lower until the price fell to as low as $28,000 in May. That move turned out to be a decline of about 40% from the rejection area.
$XRP Whale opens $100 million bearish bet on Ethereum
ETH trades near $2,114, down about 29% year-to-date, as it lags Bitcoin, BNB, and XRP.
A trader identified as “0x50b3” has opened a massive leveraged short position against Ethereum, betting on a potential price decline, according to data tracked by Lookonchain.
The position totals 47,604 ETH, valued at approximately $100 million. Based on trade data, the liquidation threshold is set at $2,149.
Mounting criticism has surrounded the Ethereum Foundation, the nonprofit organization that plays a central role in supporting the ecosystem. Investor frustration has also intensified as ETH has lagged behind Bitcoin’s performance, pulling back down to the mid-$2,000s from its previous highs.
$XRP XRP izstrādātāji, ziņo, kļūst arvien optimistiskāki, neskatoties uz cenu vājumu.
Digitālo aktīvu investors saka, ka optimisms XRP ekosistēmā jūtams atšķirīgi nekā iepriekšējos tirgus ciklos. Kritiķi apgalvo, ka bullish apgalvojumiem trūkst izstrādātāju metriku, on-chain datu un pierādījumu par institucionālo pieprasījumu.
Dom un Phill Kwok uzskata, ka XRP varētu galu galā sasniegt $1,000 nākamo četru līdz piecu gadu laikā.
$BNB Brent Crude Tumbles Below $99 as Trump Signals US-Iran Deal, Bitcoin Holds Near $77K
Brent crude dropped roughly 4.87% in weekend CFD trading to around $98.87, extending a pullback from Friday’s settlement near $103. The West Texas Intermediate (WTI) July 2026 contract closed Friday at $97.00, up 0.67% on the session, though weekend indications pointed lower. Earlier in May, Brent had traded above $110 on supply fears tied to the U.S.-Iran conflict before retreating sharply each time talks advanced.
The Strait of Hormuz remains the pivot point. The waterway carries roughly 20% of global oil trade, and Iranian restrictions alongside U.S. naval actions have cut off more than 10 million barrels per day at peak disruption levels since fighting escalated in late February. Each round of ceasefire signals has knocked prices down by double digits in single sessions.
$BTC Saylor’s ‘BitVac’ Comment Puts BTC Buying on Watch
Michael Saylor, executive chairman of Strategy Inc. (Nasdaq: MSTR), shared on X on May 24, 2026, that Strategy “bought bonds, not bitcoin” during the week, shifting investor attention toward whether the company is managing debt before another BTC acquisition cycle. The post showed bitcoin reserve value near $64.45 billion after Strategy’s latest disclosed BTC purchase lifted holdings to 843,738 BTC.
Strategy’s latest bitcoin acquisition, disclosed on May 18, added 24,869 BTC for about $2.01 billion at an average price near $80,985 per coin. The purchase lifted holdings to 843,738 BTC, acquired for about $63.87 billion at an average cost near $75,700 per bitcoin. Strategy also reported a 12.6% BTC yield for 2026 and planned to retire $1.5 billion in 2029 convertible notes.
$BTC Iran threatens to destroy commercial vessels in international waters, Rubio says, as crypto scams exploit the chaos
Scammers are demanding Bitcoin and USDT payments for supposed safe passage through the Strait of Hormuz as geopolitical tensions disrupt one of the world's most critical shipping lanes.
📊 PLUME USDT SHORT 📉🔥💥🚨 Entry zone 0.0165 - 0.0169 Stop loss 0.0175 TP1 0.0155 TP2 0.0145 TP3 0.0135 #PLUME strong impulse rally with extended candles and overbought RSI indicates exhaustion and potential mean reversion
$SOL FTX klienti pārvietojas uz aptuveni $66.17 miljoniem jaunu ierosināto norēķinu, kas saistīti ar biržas sabrukumu, pievienojot vēl vienu atgūšanas ceļu juridiskajām sekām, kas izriet no Sama Bankmana-Frieda krāpniecības.
Fenwick & West, FTX bijusī ārējā juridiskā firma, maksās $54 miljonus, lai atrisinātu klientu prasības par tās konsultāciju darbu kripto biržai. Revīzors Prager Metis piekrita maksāt $11.75 miljonus saskaņā ar atsevišķu noregulējumu, savukārt bijušais Miami Heat spēlētājs un FTX promotējošais Udonis Haslems piekrita maksāt $420,000. Šie līgumi joprojām prasa tiesas apstiprinājumu, pirms tie kļūst galīgi.