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On May 26, Spain's Ministry of Consumer Affairs initiated disciplinary proceedings against the prediction market platforms Polymarket and Kalshi, requesting internet service providers to block user access to these platforms. According to a notice published in the official government gazette, these companies are offering products related to uncertain future events without obtaining the licenses required by Spanish law. Local media reports indicate that regulators believe their operations may violate Spanish regulations. The Spanish government stated that the preventive blocking measures will remain in effect during the case review period, which is expected to take three to four months. Regulatory documents also noted that since the regulators were unable to contact these companies through known overseas addresses, they ultimately chose to issue an official announcement and implement blocking measures directly.

[Spain Imposes Preventive Block on Polymarket and Kalshi]On May 26, Spain's Ministry of Consumer Affairs initiated disciplinary proceedings against the prediction market platforms Polymarket and Kalshi, requesting internet service providers to block user access to these platforms. According to a notice published in the official government gazette, these companies are offering products related to uncertain future events without obtaining the licenses required by Spanish law. Local media reports indicate that regulators believe their operations may violate Spanish regulations. The Spanish government stated that the preventive blocking measures will remain in effect during the case review period, which is expected to take three to four months. Regulatory documents also noted that since the regulators were unable to contact these companies through known overseas addresses, they ultimately chose to issue an official announcement and implement blocking measures directly.

Spain Imposes Preventive Block on Polymarket and Kalshi

As of May 25, Eastern Time, BitMine's total cryptocurrency and cash holdings amount to $12.3 billion. BitMine holds 5,390,404 ETH (an increase of 111,942 ETH from last week), which accounts for 4.47% of the total Ethereum supply of 120.7 million ETH. Additionally, it holds 203 BTC, shares of Beast Industries worth $200 million, $95 million in Eightco Holdings (NASDAQ: ORBS), and $444 million in unsecured cash. As of May 25, 2026, the total amount of staked ETH by BitMine is 4,712,917 ETH, valued at $10.1 billion based on a price of $2,134 per ETH.

[BitMine Increases ETH Holdings by Over 111,000, Total Holdings Exceed 5.39 Million ETH]As of May 25, Eastern Time, BitMine's total cryptocurrency and cash holdings amount to $12.3 billion. BitMine holds 5,390,404 ETH (an increase of 111,942 ETH from last week), which accounts for 4.47% of the total Ethereum supply of 120.7 million ETH. Additionally, it holds 203 BTC, shares of Beast Industries worth $200 million, $95 million in Eightco Holdings (NASDAQ: ORBS), and $444 million in unsecured cash. As of May 25, 2026, the total amount of staked ETH by BitMine is 4,712,917 ETH, valued at $10.1 billion based on a price of $2,134 per ETH.

BitMine Increases ETH Holdings by Over 111,000, Total Holdings Exceed 5.39 Million ETH

On May 26, according to official news, Strategy announced today that it has completed a series of capital market and Bitcoin-related transactions executed between May 11 and May 25, 2026. These transactions include: the previously disclosed buyback of $1.5 billion of 0% convertible senior notes maturing in 2029; the use of company cash reserves to complete the buyback; and the sale of Digital Equity (MSTR) and Digital Credit (STRC) through the company's At-the-Market (ATM) program. Key transaction points include: completion of the buyback of $1.5 billion in principal of the 2029 convertible bonds; actual cash payment of approximately $1.38 billion; and a buyback completed at an approximately 8% discount to par value. As of May 25, 2026, Strategy holds 843,738 BTC, acquired at an average price of approximately $75,700 per coin, with a total cost of about $63.87 billion. Strategy did not buy or sell Bitcoin last week.

[Strategy Completes $1.5 Billion Discount Convertible Bond Buyback, Actual Cash Payment Approximately $1.38 Billion]On May 26, according to official news, Strategy announced today that it has completed a series of capital market and Bitcoin-related transactions executed between May 11 and May 25, 2026. These transactions include: the previously disclosed buyback of $1.5 billion of 0% convertible senior notes maturing in 2029; the use of company cash reserves to complete the buyback; and the sale of Digital Equity (MSTR) and Digital Credit (STRC) through the company's At-the-Market (ATM) program. Key transaction points include: completion of the buyback of $1.5 billion in principal of the 2029 convertible bonds; actual cash payment of approximately $1.38 billion; and a buyback completed at an approximately 8% discount to par value. As of May 25, 2026, Strategy holds 843,738 BTC, acquired at an average price of approximately $75,700 per coin, with a total cost of about $63.87 billion. Strategy did not buy or sell Bitcoin last week.

Strategy Completes $1.5 Billion Discount Convertible Bond Buyback, Actual Cash Payment Approximately $1.38 Billion

On May 26, Strive CEO Matt Cole disclosed on social media that the company has invested approximately $85.4 million to acquire 1,109 bitcoins, with an average purchase price of about $76,988 per coin, bringing its total bitcoin holdings to 16,500 coins.

[Strive Invests $85.4 Million to Acquire 1,109 Bitcoins]On May 26, Strive CEO Matt Cole disclosed on social media that the company has invested approximately $85.4 million to acquire 1,109 bitcoins, with an average purchase price of about $76,988 per coin, bringing its total bitcoin holdings to 16,500 coins.

Strive Invests $85.4 Million to Acquire 1,109 Bitcoins

On May 26, the Spanish Ministry of Consumer Affairs initiated disciplinary proceedings against the prediction market platforms Polymarket and Kalshi, and requested internet service providers to block these platforms. The reason for this action is that both platforms operate without the licenses required by Spanish gambling law, and lack protective mechanisms for minors and self-excluded gamblers. The blocking measures will remain in effect during the case review period, which is expected to last three to four months.

[Spain Blocks Polymarket and Kalshi]On May 26, the Spanish Ministry of Consumer Affairs initiated disciplinary proceedings against the prediction market platforms Polymarket and Kalshi, and requested internet service providers to block these platforms. The reason for this action is that both platforms operate without the licenses required by Spanish gambling law, and lack protective mechanisms for minors and self-excluded gamblers. The blocking measures will remain in effect during the case review period, which is expected to last three to four months.

Spain Blocks Polymarket and Kalshi

Market data shows that BTC has fallen below $77,000, currently priced at $76,989.83, with a 24-hour decline of 0.47%. The market is experiencing significant volatility, so please ensure proper risk management.

[BTC Falls Below $77,000]Market data shows that BTC has fallen below $77,000, currently priced at $76,989.83, with a 24-hour decline of 0.47%. The market is experiencing significant volatility, so please ensure proper risk management.

BTC Falls Below $77,000

On May 26, Strategy completed a buyback of $1.5 billion in 2029 notes for approximately $1.38 billion in cash, representing an 8% discount to face value. Through this debt buyback, the company achieved a 0.7% Bitcoin yield, earning 4,391 Bitcoins and $333 million in Bitcoin gains. The total principal amount of outstanding convertible notes was reduced from $8.2 billion to $6.7 billion. Additionally, the company issued $2 billion in Series A floating-rate perpetual preferred stock (STRC) and $84 million in Class A common stock (MSTR), using the proceeds to purchase 24,869 Bitcoins. Year-to-date, the Bitcoin yield has reached 13.3%, with Bitcoin earnings totaling 89,378 Bitcoins and $6.8 billion in Bitcoin gains.

[Strategy Completes $1.38 Billion Cash Buyback of $1.5 Billion 2029 Notes]On May 26, Strategy completed a buyback of $1.5 billion in 2029 notes for approximately $1.38 billion in cash, representing an 8% discount to face value. Through this debt buyback, the company achieved a 0.7% Bitcoin yield, earning 4,391 Bitcoins and $333 million in Bitcoin gains. The total principal amount of outstanding convertible notes was reduced from $8.2 billion to $6.7 billion. Additionally, the company issued $2 billion in Series A floating-rate perpetual preferred stock (STRC) and $84 million in Class A common stock (MSTR), using the proceeds to purchase 24,869 Bitcoins. Year-to-date, the Bitcoin yield has reached 13.3%, with Bitcoin earnings totaling 89,378 Bitcoins and $6.8 billion in Bitcoin gains.

Strategy Completes $1.38 Billion Cash Buyback of $1.5 Billion 2029 Notes

On May 26, the Iranian Foreign Ministry stated that the United States openly violated the ceasefire agreement in Hormozgan Province. Iran will respond and will not hesitate to defend its security. The US's violation of the ceasefire agreement while negotiating once again exposes its malicious intent. (Jinshi) Note: Hormozgan Province is one of Iran's thirty provinces, located in the southern part of Iran, and occupies a strategic position on the northern shore of the Strait of Hormuz.

[Iran's Foreign Ministry: US Openly Violates Ceasefire Agreement, Iran Will Respond]On May 26, the Iranian Foreign Ministry stated that the United States openly violated the ceasefire agreement in Hormozgan Province. Iran will respond and will not hesitate to defend its security. The US's violation of the ceasefire agreement while negotiating once again exposes its malicious intent. (Jinshi) Note: Hormozgan Province is one of Iran's thirty provinces, located in the southern part of Iran, and occupies a strategic position on the northern shore of the Strait of Hormuz.

Iran's Foreign Ministry: US Openly Violates Ceasefire Agreement, Iran Will Respond

On May 26, according to HTX market data, AI sector tokens are performing strongly, leading the cryptocurrency market. Among them, WLD has risen by 32.3% in the last 24 hours, currently priced at $0.402; IO has increased by 22.18%, currently at $0.1768; FET has grown by 17.44%, currently at $0.2505; and AIXBT has risen by 11.72%, currently at $0.0324.

[AI Sector Tokens Lead Market, WLD Rises Over 32% in 24 Hours]On May 26, according to HTX market data, AI sector tokens are performing strongly, leading the cryptocurrency market. Among them, WLD has risen by 32.3% in the last 24 hours, currently priced at $0.402; IO has increased by 22.18%, currently at $0.1768; FET has grown by 17.44%, currently at $0.2505; and AIXBT has risen by 11.72%, currently at $0.0324.

AI Sector Tokens Lead Market, WLD Rises Over 32% in 24 Hours

The free fall in crypto markets could continue because of the system’s complexity, Deutsche Bank (DB) said in a report Wednesday.
Getting token prices to stabilize is difficult because there are no “common valuation models like those within the public equity system,” the bank said. In addition, the cryptocurrency market is highly fragmented, according to the report.
Furthermore, speculative trades are likely to involve the simultaneous use of several coins, which increases spillover effects, the bank said. Whatever liquidity might exist in these markets could quickly evaporate, which would erode confidence in prices and increase the likelihood of contagion, it added.

Detail

【Deutsche bank: Crypto free fall could continue because of the system’s complexity】The free fall in crypto markets could continue because of the system’s complexity, Deutsche Bank (DB) said in a report Wednesday.
Getting token prices to stabilize is difficult because there are no “common valuation models like those within the public equity system,” the bank said. In addition, the cryptocurrency market is highly fragmented, according to the report.
Furthermore, speculative trades are likely to involve the simultaneous use of several coins, which increases spillover effects, the bank said. Whatever liquidity might exist in these markets could quickly evaporate, which would erode confidence in prices and increase the likelihood of contagion, it added.

Deutsche bank: Crypto free fall could continue because of the system’s complexity

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Article

bill soared to 0.124024 USDT, a new high with a 24-hour increase of -6.17%. It currently trades at 0.102651 USDT on HTX.

Deutsche bank: Crypto free fall could continue because of the system’s complexity

Clause de non-responsabilité：Le contenu ci-dessus ne représente pas les positions de HTX.，HTX ne fournit pas de recommandations de trading.。

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