Crypto Cryptocurrency

Investors faced a busy week as major developments across aerospace, artificial intelligence, semiconductors, energy and equities shaped trading sentiment.

President Donald Trump said the United States was no longer acting from a position of weakness after what he described as a successful strike on Iran.

MicroStrategy founder Michael Saylor said the company’s Bitcoin-focused strategy has helped push its Bitcoin and cash reserves about $48 billion above its total debt.

The Philippine Securities and Exchange Commission has indicated that the country is prepared to support the adoption of real-world asset tokenisation, signalling growing confidence in blockchain-based financial innovation.

• Russia has added USD Coin (CRYPTO:USDC) to its approved cryptocurrency framework, expanding the pool of digital assets available under its evolving regulatory regime. 
• The decision places USDC alongside established digital assets and highlights growing competition among large-cap cryptocurrencies and stablecoins seeking regulated market access. 
• Regulatory oversight, investment limits and concerns over potential asset freezes remain key risks for crypto adoption in Russia.

Nine senior figures have quit the Ethereum Foundation this year, including co‑executive director Hsiao‑Wei Wang, even as ETH trades about 57% below its all‑time high and Solana closes the gap.

• Bitcoin (CRYPTO:BTC) rebounded after the United States and Iran announced a framework peace agreement aimed at ending hostilities and reopening the Strait of Hormuz.
• The rally lifted several major blockchain networks as investors rotated back into risk assets, with Bitcoin recovering above US$66,000 and Ethereum (CRYPTO:ETH) gaining more than 3%.
• Despite the rebound, ongoing ETF outflows, regulatory uncertainty and geopolitical risks remain key obstacles for the sector.

UK government borrowing reached £23.3 billion in May 2026, exceeding official forecasts by £5.6 billion and highlighting mounting pressure on public finances.

The cryptocurrency derivatives market endured another sharp shakeout after more than US$361 million worth of long positions were liquidated within a 24-hour period.

Bitcoin (CRYPTO:BTC) remained relatively stable despite a sharp decline in oil prices, with the cryptocurrency falling about 1% over the week compared with a 9% drop in Brent crude.

Goldman Sachs lowered its year-end gold price target to US$4,900 per ounce from US$5,400, citing expectations that the US Federal Reserve will not cut interest rates during 2026.

TRON (CRYPTO:TRX) traded at approximately US$0.3198 with a market capitalisation of US$30.32 billion as investors monitored the network's expanding ecosystem and increasing corporate accumulation.