What happened this weekend in the crypto market?

• The total crypto market capitalization dropped by 500 billion dollars
• U.S. Bitcoin ETFs experienced a third consecutive negative week, with over 3.5 billion dollars of outflows since May 11
• The United States seized about 1 billion dollars in cryptocurrencies belonging to Iran
• Hyperliquid’s aid fund now exceeds 3 billion dollars
• The HYPE token reached $69,420 for the first time, well above Arthur Hayes’ predictions
• Hyperliquid surpasses Dogecoin and becomes the 10th largest crypto by market cap
• Kinetiq, based on Hyperliquid, becomes the 3rd largest liquid staking protocol ahead of Sanctum
• Zama sees a contract frozen by Circle, blocking $12.6 million in user funds
• Gravity Bridge was drained of $5.4 million by a hacker
• The price of American oil fell below $87 per barrel, as Trump is set to decide on Iran
• The U.S. president wants to audit the gold reserves of Fort Knox, estimated at $667 billion
• The U.S. dollar has lost 99.24% of its value against gold since 1971
• Cynthia Lummis calls on the U.S. to set a global standard for digital asset regulation
• The European Union is preparing a unified crypto tax aiming for 20 billion euros in revenue
• Vietnam is considering allowing SMEs to use cryptocurrencies and intellectual property as loan collateral
• China is considering a national clearinghouse for digital yuan payments
• Hong Kong is developing its digital assets ecosystem and accelerating tokenization
• Zcash urgently patches critical vulnerabilities in Zebra
• Sui details three mainnet outages that occurred on May 28 and 29, now resolved
• Gainzy222 criticizes several altcoins and claims that $HYPE and Zcash dominate attention
• Cardano generated only $352,000 in revenue in 2026, despite a market cap of $8.2 billion
• Jamie Dimon attacks Coinbase CEO and criticizes the Crypto Clarity Act
• An American judge suspends Trump’s $1.8 billion arms fund
• The SEC accuses a Texan of diverting $6.2 million via a fake AI crypto trading software
• Argentine authorities arrested 24 people and seized over $8 million in cryptocurrencies
• Bitcoin sentiment is at its highest in 2026 despite $2.97 billion in ETF outflows
• Michael Saylor hints he might still buy Bitcoin
• CZ simply advises to “HODL”
• Crypto lobbying groups spent 11 times more on Republicans than Democrats
• Former Fed Chair Jerome Powell warns the central bank will not survive if its officials are dismissed
• Goldman Sachs forecasts $905 billion in AI-related investments by 2027
• Intel will launch a new AI chip this year to compete with NVIDIA and AMD
• Anthropic may launch Claude Mythos by the end of June (28% probability)
• A developer recovered 1,003 ETH locked for nine years in a 2016 ICO contract