Crypto News & Market Updates

BlockBeats reported that on May 28, Trump stated at a cabinet meeting today that the Strait of Hormuz will be open to everyone, and no one can control it. The United States will watch over it; this is international waters. Oman either behaves, or we have to blow them up.

BlockBeats reports that on May 28, Trump listed his "achievements" since taking office at a cabinet meeting: a typical family tax refund approached $5,000; Since taking office, the stock market has hit 68 all-time highs; and an average 401(k) balance growth of nearly $30,000.

Odaily Planet Daily reports that the total value locked (TVL) of its tokenized stocks has risen to approximately $1.17 billion, setting a new all-time high. Its TVL grew about 42.3% month-on-month and 11% weekly, indicating a sustained warm-up in the tokenized stock market recently. Analysts believe that as the narrative of traditional financial assets on-chain (RWA) continues to expand, on-chain stocks, bonds, and fund products are attracting increasing attention from institutions and crypto capital. The rapid growth of tokenized stocks reflects the market's increasing demand for "24×7 trading," "on-chain settlement," and global asset access. These sectors may become one of the core directions in the next phase of RWA competition.

BlockBeats reported that on May 28, U.S. Secretary of State Rubio stated that Trump is more inclined to negotiate with Iran.

Odaily Planet Daily reports that commercial shipping volume in the Strait of Hormuz has plummeted, with only a few Iran-related vessels passing through, highlighting the intermittent traffic on this world's most important energy chokepoint. According to Bloomberg's compiled vessel tracking data, only two vessels entered the Persian Gulf that day, while one fuel tanker appeared to stall en route. The day before this slowdown in shipping, two international giant oil tankers had left the waterway, triggering a brief surge in energy exports. This shipping fluctuation comes as the market awaits the outcome of the US-Iran negotiations; The negotiations between both sides aim to end a conflict that has led to the near-complete closure of the Strait of Hormuz. Previously, Iran's national television reported a draft memorandum of understanding, claiming that maritime shipping in the Strait of Hormuz could return to normal within a month, but this report was denied by the U.S. side. (Jin Shi)

According to CoinShares data, despite $1.47 billion in outflows in the crypto market last week, XRP still attracted $31.8 million in inflows against the trend, making it one of the few highlights. Bitcoin dominated capital outflows during this period, with a weekly outflow of $1.315 billion, setting the largest weekly outflow record for the year, while Ethereum saw $223 million in outflows. CoinShares pointed out that the market's sell-off is related to geopolitical tensions and macroeconomic uncertainty, leading investors to shift toward safer assets. Notably, XRP's inflows reflect some investors' interest in its cross-border payment narrative, although overall market sentiment has turned cautious.

According to Bijie.com, Strategy, the world's largest Bitcoin treasury and business intelligence company, has purchased a total of 171,238 bitcoins in 2026, exceeding the 65,700 bitcoins miners produced during the same period, and the purchase volume is 2.6 times that of miners. This data indicates that Strategy demonstrates strong market confidence amid ongoing Bitcoin accumulation. Despite extreme market volatility, the company continues to actively purchase Bitcoin, currently holding over 843,000 Bitcoins, accounting for about 4% of the circulating supply.

According to ChainCatcher, the latest research from Project Agorá, led by the Bank for International Settlements (BIS), shows that tokenization technology is expected to significantly improve settlement speed and reconciliation efficiency in cross-border payments, while reducing transaction failures and operational risks. The project is jointly participated by BIS in partnership with seven central banks and over 40 financial institutions, including the New York Fed, Bank of England, Bank of Japan, and Swiss National Bank. The research suggests that tokenizing central bank reserves and commercial bank deposits can support cross-currency and cross-jurisdictional "atomic settlement," enabling transactions to be completed or failed simultaneously, thereby reducing common credit and execution risks in cross-border payments. Currently, Project Agorá has completed the simulation testing phase and plans to enter the "real-value trading" testing phase, exploring on-chain settlement applications for certain currencies and institutions in real capital environments.