BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

May 27th Update: In response to Bankless founder David Hoffman’s full liquidation of all his Ethereum (ETH) holdings, Uniswap creator Hayden Adams took to social media to respond. Adams noted that the "ETH is Money" narrative is correct, though it simply doesn’t align with most people’s current mindset. He suggested that the future will see every asset become tokenized, letting individuals hold onto their most valued assets. This will spark a form of currency Darwinism, where countless currencies compete freely, and the most decentralized forms of money will prevail. Once swapping any asset becomes low-cost, high-efficiency, and available at any time, there will no longer be a need for a single universal unit of account. Adams called Uniswap on Ethereum the current "best decentralized money system," emphasizing that all of this is just the beginning.

May 27 – According to Bitget market data, spot silver fell by 2.05% intraday, now trading at $75 per ounce; spot gold dipped to $1,485 per ounce, down 0.39% for the day.

May 27 — A string of recent polls reveal the American public is rapidly losing patience and trust in Trump’s Iran policy, with growing numbers calling the conflict not worth the cost and demanding a swift end to U.S. military action in the region. A Fox News survey finds just 39% of voters back "open-ended warfare until objectives are met," compared to 61% who favor setting a concrete withdrawal timeline. A joint New York Times-Siena College poll found 52% of voters say the U.S. should halt military action in Iran even if a nuclear deal with Tehran falls through. Meanwhile, only 22% of respondents think the U.S. can "fully succeed" in destroying Iran’s nuclear program through military action, while 65% of Americans doubt a ceasefire would actually stop Tehran from developing nuclear weapons. Reports suggest Trump’s previously stated "unconditional surrender" and other hardline objectives are shifting, and a recently revealed potential peace deal is drawing fierce pushback from GOP h

On May 27, the UK announced a fresh set of sanctions against multiple cryptocurrency exchanges, peer-to-peer (P2P) trading services, and shadow financial networks, accusing them of helping Russia bypass Western trade restrictions and acting as a funding pipeline for Moscow’s war financing. The blacklisted entities include EXMO Exchange, Bitpapa, Rapira, and Nueva Cryptologia. UK authorities stated these platforms are tied to the Kremlin-backed A7 payment network, which reportedly processed over $90 billion in fund flows last year—earmarked for Russian oil export settlements and military procurement financing. The new sanctions include global asset freezes, bans on UK-based financial institutions providing services to the targeted firms, and restrictions on the affected platforms’ operations across multiple countries, with the involved regions covering transit hubs such as Kyrgyzstan, Georgia, Panama, and the United Arab Emirates (UAE). The UK government explained this move is design

**HYPE Hits New All-Time High, But Hyperliquid Cross-Chain Bridge Sees Sharp Outflows** May 27 (Hyperinsight Monitoring) – HYPE crossed last year’s all-time peak on May 21 to hit a new record high of roughly $61. While the token has continued to climb, recently hitting a high of around $64, cross-chain bridge activity shows a diverging trend: net inflows collapsed and flipped into a net outflow state. In the most recent UTC trading session, total outflows from the Hyperliquid cross-chain bridge spiked to $149 million, leading to a daily net outflow of $91 million. Cumulative net outflows since HYPE’s initial peak have now reached $110 million. Key context from prior data: On the first day of HYPE’s new ATH, USDC inflows via the Hyperliquid-Arbitrum bridge – which made up ~99.8% of total bridge inflows that day – surged to $173 million, the highest level in nearly 10 months. As of press time, the vast majority of that early inflow has been withdrawn, with only $63.3 million stil

May 27: A roughly 29.2-million-share dark pool block trade in BlackRock’s IBIT—worth about $1.3 billion this morning—has crypto traders buzzing. The transaction briefly sent Bitcoin’s price tumbling over 2%, sparking polarized reactions from traders on X. Bearish signals dominate many discussions: This isn’t retail selling off, they argue, but large-scale institutional distribution. Traders note this is one of the largest IBIT dark pool trades ever recorded, with the single candle’s volume eclipsing IBIT’s daily average. Adding to the bear case: Coinbase’s premium has been negative for 21 straight days, and ETF outflows have persisted—fueling the narrative that “smart money is quietly exiting.” German trader CryptoWallSt highlights the leveraged market’s fragility: A large dark pool order doesn’t necessarily mean BlackRock itself is selling Bitcoin, he explains. Instead, market makers unload positions in futures, perpetuals, and spot markets to hedge—triggers that spark overreactions