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Pundit Reveals Why RLUSD Will Make XRP More Valuable, Not Less
XRP bull Jake Claver argues that Ripple’s RLUSD stablecoin does not weaken the case for XRP, but may instead reinforce it by bringing more institution-friendly dollar liquidity onto the XRP Ledger. In a thread on X, Claver said the two assets are built for different roles: RLUSD as a compliant digit...NewsBTC
Tue, Jun 2
Bitcoin abruptly crashes to $65,000 for the first time since February
Bitcoin fell below $66,000 on Tuesday, hitting its lowest level since early April as traders reacted to Strategy’s Bitcoin sale, ETF outflows, and NEW Mt. Gox wallet movement. Strategy sold 32 BTC between May 26 and May 31 for about $2.5 million, with the money going toward distributions on its STRC preferred stock. U.S. stocks...Cryptopolitan
Tue, Jun 2
Strive adds 2,500 Bitcoin for $185 million, lifting total holdings to 19,000 BTC
Strive (NASDAQ: STRV) purchased 2,500 Bitcoins between May 23 and June 1 for approximately $185.2 million, bringing the company’s treasury to 19,000 BTC The 2,500 BTC purchase was funded almost entirely through the company’s Variable Rate Series A Perpetual Preferred Stock (SATA), with an average cost of about $74,092 per coin. Is Strive still buying...Cryptopolitan
Tue, Jun 2
Movement relaunches as Layer 1 focused on stablecoin settlement after token-dumping scandal
Movement, the blockchain project that faced a token-dumping scandal that led to the removal of its co-founder Rushi Manche last year, has relaunched as a standalone Layer 1 network targeting stablecoin payments and remittances in emerging markets. Current CEO Torab Torabi announced the pivot, adding that it comes with partnerships, one of which is Circle,...Cryptopolitan
Tue, Jun 2
Bitcoin’s On-Chain Landscape Looks Far Different From Its 2021 Bull Market Peak
Given the prolonged waning price action, the Bitcoin network is starting to feel this bearish pressure, leading to a sharp decline in activity across the network. After a period of downward performance, the level of activity and participation within the network has significantly dropped below levels...Bitcoinist
Tue, Jun 2
0xPPL, Pingu announce shutdown plans as crypto winter persists
Pingu Exchange (PINGU) announced its closure date as July 31 and was quickly joined by 0xPPL, which also announced that it would be ending all operations at the end of June. The development adds to the growing list of projects shutting down in the crypto ecosystem. The news reveals a growing pattern in the industry...Cryptopolitan
Tue, Jun 2
The Last Time Ethereum Did This Against Bitcoin, It Exploded Above $4,000
Ethereum is back at a point on its Bitcoin pair where the price action has always started to ask a dangerous question: is ETH still weak, or is it being priced for another rotation? A new ETH/BTC chart shared by crypto analyst BLADE shows Ethereum falling through 14 straight lower closes against Bit...NewsBTC
Tue, Jun 2
BNB Chain Ecosystem Sees Major Institutional Week With US ETF Debut, Asset Manager Bet
As financial institutions continue to bet on the crypto industry, the BNB Chain ecosystem saw major developments last week, with the launch of the first US Spot Exchange-traded Fund (ETF) and its inclusion among the top networks to benefit from upcoming regulatory clarity. Related Reading: Japan’s L...Bitcoinist
Tue, Jun 2
Polymarket Users Cry Foul After $85 Million Bet On MicroStrategy’s Bitcoin Sale Goes Wrong
A dispute with more than $85 million in total trading volume at stake has erupted on Polymarket after Strategy Inc. — formerly MicroStrategy — confirmed it sold 32 Bitcoin between May 26 and May 31, 2026, only for the prediction market to propose a “No” resolution on the grounds that pub...Bitcoinist
Tue, Jun 2
Analyst Reveals Why Bitcoin Price Must Crash To $42,000 First
Bitcoin’s latest price action has given bearish analysts more reason to argue that the cryptocurrency is still moving through a deeper correction. Bitcoin has fallen back to $70,000, and selling pressure is building after another failed attempt to hold higher levels. Crypto analyst Crypto Lens has w...NewsBTC
Tue, Jun 2
Bitcoin Price Falls To $67,000 And Breaks The Map For Bulls—Here’s What Happens Next
The Bitcoin price fell hard on Tuesday, hitting $67,289—its lowest level since April—reshaping sentiment toward a more bearish outlook as bulls lose key support zones. CoinGecko data shows the selloff isn’t isolated to one timeframe. Bitcoin has retraced across all-time horizons, reflecting widespre...NewsBTC
Tue, Jun 2
How One Crypto Founder Is Using XRP To Build The Future Of Finance
Flare Founder Hugo Philion has revealed how his network is utilizing XRP in the decentralized finance (DeFi) space. This includes wrapping the XRP token, which enables users to deploy it on DeFi platforms to earn yield. Flare Founder Breaks Down How They Use XRP For DeFi In an ‘XRP in One Minute’ ep...Bitcoinist
Tue, Jun 2
Ethereum Signals Strength As Citigroup Eyes $5.5 Trillion Tokenized Asset Boom
Ethereum’s funding rate climbed to its highest level since August 23, 2025 on May 31, even as the token slipped below the $2,000 mark. The move pointed to heavy long positioning, and that crowding showed up again on June 1 when about $84 million in long ETH bets were wiped out. Related Reading: Bitc...NewsBTC
Tue, Jun 2
Brazil adds audit requirement to Crypto licensing process
Brazil’s central bank reportedly introduced mandatory independent audits for crypto service providers. It will add another layer to the already tough rules in the country. According to the published rules, crypto firms that want a license or to renew an existing one will have to submit an independent auditor’s report. It will be a part...Cryptopolitan
Tue, Jun 2
Gold replaces US Treasuries as top global reserve asset, latest ECB report says
A recent report published by the European Central Bank today has stated that central banks globally now hold more gold than US government bonds and treasuries in their reserves for the very first time. Geopolitical tensions, concerns over a risk of sanctions, and a growing desire among some countries to lessen their exposure to dollar-denominated...Cryptopolitan
Tue, Jun 2
Solana Takes Aim At Hyperliquid With Push For Fully Onchain Perps
Solana Foundation is moving to back teams building fully onchain perpetual futures, setting up a clear challenge to the market structure that has powered Hyperliquid’s rapid rise. The initiative targets one of crypto’s most lucrative trading segments: perps, where volume still sits largely on centra...Bitcoinist
Tue, Jun 2
Bitcoin Moves Into Accumulation Zone That Will Send It On Next All-Time High Run To $250,000
Crypto analyst Aralez has revealed that Bitcoin is entering an accumulation zone that could propel it to a new all-time high (ATH). The analyst signaled that BTC could rally to as high as $250,000 in the next bull market. Analyst Reveals Bitcoin Entering Major Accumulation Zone In an X post, Aralez ...NewsBTC
Tue, Jun 2
Bitcoin Could Benefit From A Global Debt Reckoning, Bitwise Argues
Bitwise is looking past Bitcoin’s recent slide and toward a much larger pressure point: close to $30 trillion in global debt that needs refinancing in 2026. The firm said higher Japanese government bond yields and a warning from the IMF about waning demand for government debt could push markets into...Bitcoinist
Tue, Jun 2
XRP Is The Clear Winner For Transactions, According To Peter Brandt
Peter Brandt, a trader long known for his blunt view of crypto, said many digital assets will end up as junk even as he singled out XRP as the strongest candidate for transactional use. The comment came during a Crypto Banter interview with Ran Neuner and drew quick notice after Neuner said he did n...NewsBTC
Tue, Jun 2
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