ICP Jumps 9% with 93% Volume Spike as DFINITY Burn Proposal Fuels Rally
Internet Computer (ICP) surged 9% in 24 hours with trading volume soaring 93%. A DFINITY proposal to burn 20% of cloud engine revenue for ICP buybacks acts as a key catalyst.

Internet Computer (ICP) surged 9% in 24 hours with trading volume soaring 93%. A DFINITY proposal to burn 20% of cloud engine revenue for ICP buybacks acts as a key catalyst.

US allows crypto margin trading under strict CFTC/NFA rules, with leverage caps varying by platform—Kraken offers 5x, Binance global up to 100x futures, but Binance.US has none. UK bans retail, Canada outright prohibits.

U.S. law enforcement seized the domain of BG Wealth Sharing and froze $41.5M in crypto assets after on-chain investigator ZachXBT traced $92M in laundering linked to a Ponzi scheme with over $150M in losses. The scheme used fake trading platform DSJ EX and promised daily returns up to 2.6%.

Chainspect ranked Solana first at 1,635 TPS. At the same time, about 1.5 million SOL left exchanges and 1.6 million wallet addresses were added, while traders watched the $79-$85 resistance zone.

The crypto market dipped slightly to $2.68T total cap, but TON, VVV, NEAR, M, and ICP posted double-digit gains. TON surged 29% on Telegram becoming its largest validator; NEAR rallied on NVIDIA partnership; VVV, M, and ICP each had distinct catalysts.

ICP token surged over 12.5% after Upbit listing, adding $110M market cap in one hour and pushing daily volume above $140M. South Korean traders drive fresh liquidity.

Gtech Network says GTC is scheduled to start trading on May 30, 2026, and its website lists 10 exchanges including Binance and BingX, though no named platform has independently confirmed the listing.

Internet Computer's mainnet is live with 2-second finality and storage costs 1/240,000,000 of Ethereum. Chain Key cryptography, reverse gas model, and up to 28.9% staking yield are key features.
