Crypto dropped across the board on Friday in holiday-thinned trading, giving back the week\\\'s gains. With oil down 9% and the Iran deal signed, the question turns to whether this cycle gets an altseason at all.

Kalshi\\\'s perpetual futures product did not meet the Dodd-Frank Act\\\'s definition of a \\\"swap\\\" and should not have been approved, Terrence Duffy said.

XRP briefly traded above key resistance before sellers stepped in, with rising volume suggesting traders used the rally to cut positions rather than add risk.

The Bank of Japan raised its key interest rate by 25 basis points to 1%, the highest level since 1995.

XRP extended its rebound from recent lows on the strongest buying activity in weeks, with institutional flows and ETF demand supporting a push toward the $1.20 level.

Not all crypto exchange executives agree, but the data does not lie: centralized exchange trading volumes dropped more than 11% to $4.61 trillion, their lowest since late 2024.

Crypto platforms promised early access to the blockbuster SpaceX IPO through tokenized shares. The problem wasn\\\'t technology, but getting the actual stock.

Cronos (CRO), down 1.4% from Thursday, was also an underperformer.

The company\\\'s fully diluted value will be about $1.8 trillion, with the stock set to open for trade on Friday on the Nasdaq.

Global crypto ETFs saw significant outflows in May, but diversified exposures showed relative resilience; we explore what the data signals for long-term investors.

New legislation from a bipartisan duo would set up a multi-agency group under the U.S. attorney general to take a lead on cryptocurrency theft cases.

The firms making that possible say eligible shares can also be converted back into tokens, creating a bridge between traditional brokerage accounts and blockchain-based markets.

The investment comes as blockchains designed for big banks and institutions are having a moment, with Stripe\\\'s Tempo and Circle\\\'s Arc raising hundreds of millions of dollars.

The investment is part of the stablecoin giant’s expansion into industries outside of crypto.

Solana (SOL), up 2.6% from Wednesday, was also a top performer.