HYPE has slipped below $60 amid broader market selling, even after recently printing new all-time highs. Over the past several hours, a wallet linked to Andreessen Horowitz bought 253,947 HYPE worth about $15.03 million, adding to an accumulation that totals 3.55 million tokens acquired for roughly $170.7 million since April 14.

U.S. Treasury Secretary Scott Bessent called on Congress to move rapidly on the Digital Asset Market Clarity Act, arguing the U.S. should become a global center for digital assets. The bill passed the House with bipartisan backing in July 2025, but has since slowed in the Senate despite a 15-9 Senate Banking Committee vote on its version. Polymarket pricing put the odds of the measure being signed into law at 56% at the time of writing.

On May 28, 2026, Trezor rolled out native stablecoin yield for USDC and USDT inside Trezor Suite v26.5.2, allowing users to deposit, withdraw, and claim rewards without leaving the app. The feature uses Morpho Vaults (USDC Prime and USDT Prime) curated by Steakhouse, with rates that vary based on borrowing demand and no lockup period. Trezor said the update is available on desktop now and targets more than 2 million users, while full mobile support is expected later in 2026.

Aave Labs said on May 28 that its UK subsidiaries, Push Labs Ltd. and Push Virtual Assets Ltd., were registered by the Financial Conduct Authority (FCA) to operate as cryptoasset exchange providers. The registration also permits electronic money issuance under the Electronic Money Regulations 2011, and Aave said the approvals support regulated payments infrastructure including stablecoin on- and off-ramps. Despite the update, AAVE was down about 5% over 24 hours to around $81 at the time of writing.

Sequans Communications said Thursday it has fully redeemed the convertible debt from its July 2025 offering by selling part of its bitcoin treasury, leaving it with about 658 BTC and a near debt-free balance sheet. The company said it is exiting its digital asset treasury approach and expects to monetize the remaining BTC over time while refocusing on 4G/5G IoT chip products, including its 5G eRedCap roadmap.

On Wednesday, May 27, crypto ETF flows stayed risk-off, with bitcoin ETFs posting $733.43 million in net outflows and extending an eight-day withdrawal streak. Ether ETFs also fell by $67.15 million for a 12-session outflow run, while HYPE and Solana products recorded smaller inflows of $3.40 million and $557,160, respectively.

Finbold screened cryptocurrencies with market caps above $8 billion, excluding stablecoins, and published a top-10 list dated May 28, 2026. The ranking highlights large networks and tokens tied to institutional participation or broad real-world usage, with BTC around $73,150 and ETH near $2,008 at the time of reporting.

Ethereum fell below the $2,000 level over the past 48 hours as broader crypto markets weakened. Despite the drop, Standard Chartered's digital assets research head Geoff Kendrick reiterated the bank's long-term targets, including $4,000 by end-2026 and $40,000 by end-2030. He pointed to stablecoin and tokenized-asset activity on Ethereum as key metrics that the bank says continue to improve even while price lags.