According to Lookonchain monitoring, despite recent institutional selling, some whales continue to accumulate HYPE. In the past five days, three newly created wallets withdrew 165,400 HYPE from FalconX, worth $9.16 million.

According to on-chain data, Optimism has not conducted any further buybacks since completing its second and third monthly community buybacks in March and April. In March, 367,905 ETH were used to buy back 6,951,453 OP, and in April, 501,600 ETH were used to buy back 925,654 OP. To date, a total of 9,451,924 OP has been repurchased.

Odaily Planet Daily reports that the Australian Transaction Reports and Analysis Centre (AUSTRAC) has suspended Cryptolink's Virtual Asset Service Provider (VASP) registration for three months, effective Sunday. During this period, its Bitcoin ATMs are prohibited from operation. AUSTRAC stated that Cryptolink failed to meet basic reporting requirements, particularly by failing to submit threshold-level transaction reports and by not responding to information requests. The agency stated that it continues to monitor Cryptolink's ability to manage high-risk transactions processed through its cryptocurrency ATMs. This measure follows an enforceable commitment signed between Cryptolink and AUSTRAC in October 2025. Previously, Cryptocurrency Taskforce found that Cryptolink was suspected of late reporting of transactions and inadequate risk assessments, and AUSTRAC issued a penalty notice of US$56,300, which Cryptolink has already paid. The company operates 96 ATMs in Australia, mostly located in major cities such as Sydney, Melbourne, and Brisbane. (Cointelegraph)

Odaily Planet Daily reports that JPMorgan Chase has raised its year-end 2026 target for the S&P 500 to 8,000 points, up from 7,800 points previously. (Jinshi)