Bitcoin ETFs shed $1.55B in 6 straight sessions as macro rate pressure drives institutional exits. The UK becomes the first government to apply banking-style sanctions to a crypto exchange. XRP Ledger upgrades on schedule. And the DeFi world mourns Ondo Finance founder Nathan Allman, who passed away unexpectedly on May 25.

Bitcoin erased its weekly gains in a sharp 3% drop toward $78,000, triggering over $134M in futures liquidations and a 5% sell-off across major altcoins including Solana and XRP. THORChain halted all operations after a suspected $10–$11M cross-chain exploit sent RUNE tumbling more than 10%. Meanwhile, Bitcoin spot ETFs recorded $290M in net outflows led by BlackRock's IBIT. Here's everything you need to know about the moves shaping the crypto market in the last 24 hours.