Strategy’s Bitcoin Sale Sparks Debate on Polymarket
Between May 26 and 31, Strategy sold 32 BTC but disclosed the information only on June 1. This situation sparked a debate within the community regarding the expiration timing of a bet on Polymarket. Since the sale occurred at the end of the previous month and the report was submitted at the beginning of the next, market participants are determining how to accurately set deadlines for the relevant contract.
D-Wave Aims for 100 Logical Qubits in Quantum System by 2032
D-Wave Quantum unveiled its roadmap for the phased development of quantum systems. By 2032, the company plans to create a fault-tolerant quantum computer with 100 logical qubits. According to the press release, the system is expected to perform over 1 million operations and support initial applications in quantum chemistry and AI. Intermediate steps in D-Wave's plan include: 2026: A system with 17 physical qubits and a logical error rate half that of classical systems; 2027: A 49-qubit system with an anticipated 20-fold reduction in errors; 2028: A 181-qubit system with an anticipated 2000-fold reduction in errors; 2030: A system with 10 logical qubits designed for initial fault-tolerant algorithms. The company's approach is based on a superconducting dual-rail qubit architecture, enabling quantum error correction cycles 100-1000 times faster than systems based on neutral atoms or trapped ions. The company claims that fault detection is directly integrated into the qubits, allowing for the identification of about 90% of computational inaccuracies at the initial level. This solution significantly reduces the number of physical qubits needed for correction. "The future of commercial gate-model quantum computing will be defined not just by the number of physical qubits, but by the ability to reliably perform large-scale computations for real-world applications. While much of the industry focuses on scaling physical qubits, D-Wave employs a differentiated approach focused on reducing hardware-level errors," the company noted. D-Wave also announced achieving 99.9% accuracy for two-qubit operations, with one physical error occurring per 1000 operations. The company highlighted the Lambda metric, which describes how quickly error rates decrease with added correction. D-Wave estimates the industry average at about 2, while their plan targets 10. In May, experts questioned D-Wave's claims of quantum supremacy.
Bitcoin Dominance Crashes as BTC Price Dumps Below $70K: Market Watch
The total crypto market cap is below $2.5 trillion once again.
OpenSea hints at perps launch powered by Hyperliquid
OpenSea teased early access to perpetual contracts, with Zack Brenner confirming Hyperliquid may power the planned trading feature.
Dogecoin (DOGE) Mini Death Cross Raises Risks of Rapid Rally Shutdown
Dogecoin is extremely close to crossing a bearish threshold that might trigger a further sell-off.
Toncoin (TON) Rockets 11% After Pavel Durov Confirms GRAM Rebrand
Toncoin (TON) surges 11% after Pavel Durov announces rebrand to GRAM, the token's original name. The transition is phase 4 of TON's revival roadmap. The post Toncoin (TON) Rockets 11% After Pavel Durov Confirms GRAM Rebrand appeared first on Blockonomi.
Best Buy begins selling Tangem hardware wallets nationwide
Best Buy has begun offering Tangem’s crypto self-custody products through BestBuy.com and more than 200 stores across the United States, giving the hardware wallet maker its largest U.S. retail presence to date. According to a press release shared with crypto.news,…
‘We Investigated Ourselves’: ZachXBT Slams EdgeX After Sudden Token Collapse
The crash unfolded amid rising DeFi security concerns following recent exploits across bridges and liquidity pools.
Bitcoin (BTC) Plunges Under $70K While MicroStrategy Offloads Holdings and Markets Retreat
Bitcoin drops beneath $70K following MicroStrategy's first BTC sale in years. Stock futures decline as Iran tensions overshadow AI earnings optimism. The post Bitcoin (BTC) Plunges Under $70K While MicroStrategy Offloads Holdings and Markets Retreat appeared first on Blockonomi.
South Africa Rules out Foreign Stablecoins as Payment Tools to Curb Dollarization
South African financial regulators have clarified that cryptocurrencies and stablecoins are not legal tender. Crypto Still Excluded From Legal Tender Status South African regulators have reiterated that cryptocurrencies and stablecoins are neither money as defined in the country’s National Payments System Act nor funds, and are therefore not legal tender. In a joint statement, the […]
Grayscale Prepares Hyperliquid (HYPE) ETF Launch as Token Surges to Record $75.30
Grayscale's Hyperliquid ETF (HYPG) nears launch with 0.29% fee as HYPE token hits record $75.30. Third HYPE ETF expected to trade this week. The post Grayscale Prepares Hyperliquid (HYPE) ETF Launch as Token Surges to Record $75.30 appeared first on Blockonomi.
The $600 Million Hard Drive: What Became of the Man Behind Crypto’s Most Painful Loss?
James Howells lost 8,000 Bitcoin worth $600M in a Newport landfill. After years of failed recovery attempts, UK courts ruled against him in 2025. The post The $600 Million Hard Drive: What Became of the Man Behind Crypto’s Most Painful Loss? appeared first on Blockonomi.
Dogecoin (DOGE) Gains Institutional Gateway Through Paxos Partnership
Dogecoin partners with Paxos for regulated access through major fintech platforms. DOGE trades at $0.098 with TD Sequential buy signal emerging. The post Dogecoin (DOGE) Gains Institutional Gateway Through Paxos Partnership appeared first on Blockonomi.
Ripple brings RLUSD stablecoin to Türkiye through three partners
Ripple brings RLUSD to Türkiye through BiLira, Bitexen and Bitlo as the stablecoin tops $1.7B market cap less than one year after launch.
Polymarket users challenge outcome of $80M Strategy Bitcoin bet
More than $80 million has been wagered on a Polymarket market tied to Strategy’s Bitcoin sales, with the outcome now heading to a final dispute process after the company disclosed that it sold 32 BTC before the market’s May 31…
TraderTraitor Group Washes $220M Kelp DAO Heist Through Crypto Mixers
North Korean TraderTraitor group laundered $220M from Kelp DAO through crypto mixers in six weeks. Only $1.7M remains traceable as legal battles continue. The post TraderTraitor Group Washes $220M Kelp DAO Heist Through Crypto Mixers appeared first on Blockonomi.
Crypto Funds Bleed $4.2 Billion in Three-Week Withdrawal Spree
Crypto funds lost $1.67B last week, marking the second-largest 2026 outflow. Bitcoin ETFs hit record withdrawals as geopolitical tensions shake markets. The post Crypto Funds Bleed $4.2 Billion in Three-Week Withdrawal Spree appeared first on Blockonomi.
Strategy’s Bitcoin Sale Triggers $79M Polymarket Battle Over Timing Technicality
Strategy sold 32 Bitcoin before May 31 but revealed it June 1. Now $79M in Polymarket bets hang on whether execution or disclosure matters most. The post Strategy’s Bitcoin Sale Triggers $79M Polymarket Battle Over Timing Technicality appeared first on Blockonomi.
The National Trust Loophole – How Crypto Giants are Bypassing US State Regulators
For years, the battleground for cryptocurrency regulation in the United States was fought at the state level. Crypto exchanges and custody providers spent millions navigating a fragmented, agonizingly slow state-by-state licensing regime. From New York’s notoriously stringent BitLicense to compliance frameworks in Maine and California, operating a nationwide crypto business meant maintaining dozens of separate relationships [...] The post The National Trust Loophole – How Crypto Giants are Bypassing US State Regulators appeared first on Blockonomi.
Senate Makes Move Toward CLARITY Act: August Signing Target Stays Alive, For Now
After the CLARITY Act cleared key hurdles in the Senate—thanks to successful markup work by both the Agriculture and Banking Committees—the legislation is now entering a narrow stretch of time that could determine whether it reaches the President’s desk this year. Supporters say the bill’s momentum is real, but the path ahead is tight, both […]
Kelp DAO hacker launders $220M as recovery window closes
Kelp DAO hacker laundered about $220M in unfrozen funds through privacy channels, leaving roughly $1.7M in original wallets.
Ripple's RLUSD Now Available in Turkey
Enterprise blockchain firm Ripple has launched its USD-backed stablecoin, Ripple USD (RLUSD), in Turkey.
Is Mt. Gox selling $739 million worth of Bitcoin?
Mt. Gox has transferred 10,422 BTC worth about $739 million in its first on-chain bitcoin movement since March, raising concerns among market watchers. Arkham Intelligence data shows the defunct exchange moved 10,306 BTC, valued at roughly $730.8 million, from its…
XRP Tumbles to 15-Week Low as Selling Pressure Intensifies – Critical Support Zones Ahead
XRP hits 15-week low at $1.27, down 66% from peak. Bears control momentum as traders watch $1.25 support and potential accumulation zone between $1.10-$1.30. The post XRP Tumbles to 15-Week Low as Selling Pressure Intensifies – Critical Support Zones Ahead appeared first on Blockonomi.
Robinhood (HOOD) Finalizes $180M WonderFi Deal, Expands Canadian Crypto Presence
Robinhood (HOOD) finalized its C$250M WonderFi acquisition, adding 300K Canadian crypto users through Bitbuy and Coinsquare. Stock fell 3.8% on closure. The post Robinhood (HOOD) Finalizes $180M WonderFi Deal, Expands Canadian Crypto Presence appeared first on Blockonomi.
Charles Schwab targets 2027 crypto trading for advisor clients
Charles Schwab targets mid-2027 crypto spot trading and custody for advisors after launching BTC and ETH trading for retail clients.
Sosnick Warns Crypto’s ‘Tourists’ Are Cashing out as Bitcoin ETFs Bleed $1.42 Billion
Interactive Brokers strategist Steve Sosnick says crypto’s recent wobble has exposed a “ crypto tourist” problem where money that chased performance on the way up is now heading for the exits. The “ Crypto Tourist” Thesis Speaking on Laura Shin’s “Bits + Bips” podcast alongside co-host Steven Ehrlich, Sosnick argued that much of the capital […]
Alphabet to Raise $80 Billion for AI Infrastructure Expansion
Google's parent company, Alphabet, announced plans to raise $80 billion through a stock offering. The funds will be used to scale artificial intelligence infrastructure. The deal includes a public offering of securities worth $30 billion and a phased stock sale program totaling $40 billion, set to launch in the third quarter of 2026. The public offering is divided into mandatory convertible preferred shares ($15 billion) and Class A and C common shares ($15 billion). In a separate private placement, Warren Buffett's holding company will purchase Alphabet securities totaling $10 billion (Class A shares for $5 billion and Class C for $5 billion). Alphabet emphasized that the investment will increase Berkshire's stake, which the organization has been growing since the third quarter of 2025. Representatives of Google's parent company explained that the net proceeds from the offering will cover expenses for expanding global computing capabilities. The need for additional capital is driven by high demand for AI solutions, which already exceeds supply. About $30 billion from the phased placement program will be reserved by Alphabet for tax obligations in the 2026 calendar year. These are related to the vesting of employee stock rewards. The remaining funds will be used for general corporate purposes. Alphabet representatives described this move as part of a "balanced approach" to financing. Earlier, management forecasted that capital expenditures in 2026 would range from $180 billion to $190 billion, with potential growth in 2027. In the first quarter of this year, Alphabet's revenue amounted to $94.7 billion amid the AI boom.
Strategy’s Bitcoin Sale Sparks Debate on Polymarket
Between May 26 and 31, Strategy sold 32 BTC but disclosed the information only on June 1. This situation sparked a debate within the community regarding the expiration timing of a bet on Polymarket. Since the sale occurred at the end of the previous month and the report was submitted at the beginning of the next, market participants are determining how to accurately set deadlines for the relevant contract.
Robinhood completes Canadian crypto expansion through $180M WonderFi buyout
Robinhood has completed its $180 million acquisition of WonderFi and entered the Canadian crypto market with access to roughly 300,000 funded customer accounts and two of the country’s largest digital asset trading platforms. According to Robinhood’s announcement on Monday, the…
S&P 500 Closes at Record 7,599 as Stocks Outrun a Lagging Bitcoin
The S&P 500 climbed 0.26% to a record close of 7,599.96, opening the month with fresh all-time highs across major U.S. indexes, even as bitcoin slipped and trailed the equity rally. Tech Leads Indexes to Fresh Records U.S. equities began June on a solid note, as the S&P 500 rose 0.26% to close at an […]
Bitcoin falls to 2-month low as divergence to equities deepens
Santiment says that “the gap between traditional equities and crypto has become increasingly difficult for traders to ignore.”
Robinhood enters Canada after $180 million WonderFi acquisition
Robinhood will enter Canada after its WonderFi acquisition brought local crypto exchanges Bitbuy and Coinsquare under its control.
Solana (SOL) Makes History With Unprecedented 8-Month Losing Streak
Solana (SOL) holds $79.50 as network users fall to 1.9M and historic 8-month losing streak forms. Analysts eye $68.02 support and $83-$87 squeeze zone. The post Solana (SOL) Makes History With Unprecedented 8-Month Losing Streak appeared first on Blockonomi.
Mt. Gox Transfers $739M in Bitcoin After Six-Month Silence
Mt. Gox moved 10,423 BTC ($739M) to a new wallet on June 2, the first major transfer in six months. Repayment deadline now extended to Oct. 31, 2025. The post Mt. Gox Transfers $739M in Bitcoin After Six-Month Silence appeared first on Blockonomi.
Ethereum (ETH) Crashes Below $2,000 Amid Weakening Institutional Demand
Ethereum (ETH) falls below $2,000 as BitMine slows accumulation and ETF outflows continue for a third week. Key support at $1,909 now in focus. The post Ethereum (ETH) Crashes Below $2,000 Amid Weakening Institutional Demand appeared first on Blockonomi.
Bitcoin ETF withdrawals reach $3.45B in 11 day streak as BTC slides
Bitcoin ETFs have recorded $3.45 billion in net outflows across 11 consecutive trading sessions after another $483.8 million left the funds on Monday, as investors reacted to geopolitical tensions and renewed selling pressure in the crypto market. According to data…
Cardano Conference Scrapped As Community Rejects Funding Proposal
The Cardano network has generated just $356,400 in transaction fees so far in 2026 — a sharp drop from the $8.35 million it recorded four years ago. That financial backdrop loomed large over the weekend when the Cardano Foundation announced it was canceling its annual Cardano Summit after failing to secure community approval for the […]
Strategy (MSTR) Stock Tumbles After Company Sells Bitcoin for First Time in Years
Strategy (MSTR) stock fell 6.5% after liquidating 32 Bitcoin for $2.5M to fund STRC dividends, ending its iconic 'never sell' approach to BTC holdings. The post Strategy (MSTR) Stock Tumbles After Company Sells Bitcoin for First Time in Years appeared first on Blockonomi.
Hyperliquid ETF from Grayscale could begin trading this week after filing update
Grayscale’s Hyperliquid ETF could begin trading as soon as this week after the asset manager updated its registration filing with a ticker symbol and management fee. Bloomberg Intelligence ETF analyst James Seyffart said on X that the product’s launch appears…
Trader Claims Polymarket Scammed Him for $500K on MicroStrategy’s Bitcoin Sale Market
A Polymarket trader argues that the rules for MicroStrategy's Bitcoin sale event were intentionally changed after the fact.
Mt. Gox Transfers $731 Million in Bitcoin to a New Wallet: Time to Worry?
Mt. Gox has transferd over $700 million worth of BTC to a new wallet. What could it mean?
Bitcoin (BTC) Slides to $70K Amid ETF Exodus and Geopolitical Uncertainty
Bitcoin drops to seven-week low near $70K following Strategy's first BTC sale since 2022 and record $2.97B outflows from spot ETFs over 10 sessions. The post Bitcoin (BTC) Slides to $70K Amid ETF Exodus and Geopolitical Uncertainty appeared first on Blockonomi.
Strategy Ends Bitcoin Buying Streak With Rare Sale—How Much Did It Sell?
Bitcoin treasury company Strategy has made its first BTC sale since 2022, putting an end to a 3.5-year phase of only accumulation. Strategy Just Sold Bitcoin Worth $2.5 Million According to an 8-K filing with the US Securities and Exchange Commission (SEC), Strategy just made a Bitcoin sale. The amount involved in the transaction was […]
Ex-Miami Heat Guard Terry Rozier Hit With Federal Bribery Charges Over Alleged $100K Kickback
The former NBA guard was hit with new federal sports bribery charges over an alleged six-digit kickback he received to manipulate his performance in a 2023 Charlotte Hornets game. The superseding indictment escalates a sweeping federal sports betting probe that has charged 34 defendants since last October. Bribery Charges Add to Existing Wire Fraud Case […]
Mt. Gox transfers $731M in Bitcoin to new wallet as market eyes $70K support
This significant transfer may impact Bitcoin market dynamics, influencing investor sentiment and potentially affecting cryptocurrency prices. The post Mt. Gox transfers $731M in Bitcoin to new wallet as market eyes $70K support appeared first on Crypto Briefing.
Ripple Celebrates Launch of Round-The-Clock CME Crypto Trading
Ripple Prime has been integrated as a day-one clearing and financing partner for CME Group’s newly launched 24/7 cryptocurrency derivatives marketplace.
Dopamine and Uncertainty: How Perpetuals Turn Crypto Markets Into a Casino
Disclaimer ForkLog is not responsible for readers’ investment decisions. In April 2026, spot trading volumes on crypto exchanges fell to their lowest since November 2023, while derivatives reached 77.1% of turnover. It looks almost paradoxical: actual asset trading is shrinking, but appetite for leveraged bets remains high. The shift isn’t driven by market conditions alone. As noted by crypto journalist Colin Wu, perpetual contracts have become embedded in the industry partly because they tap a quirk of the human brain — the same one slot machines have exploited for generations. Here’s how rational trading morphs into gambling — and why it’s harder to step away than it seems. Spot deflates as bets rise A perpetual contract (perpetual, “perp”) is a futures contract with no expiry date. As far back as 1992, economist Robert Shiller floated the idea of a “perpetual” derivative for assets that are hard to price directly, such as real estate. The concept never caught on in traditional finance, but it proved a natural fit for crypto. BitMEX launched a bitcoin perpetual (XBTUSD) on May 13, 2016, and the product quickly became an industry standard. That was the mass-market rollout. The “perp” itself was pioneered earlier — the first inverse perpetual was implemented by ICBIT in 2011. Why crypto specifically? A few reasons: The market runs 24/7 with no weekends or trading sessions, making expiring futures less convenient here; digital assets have no single authoritative price — quotes are scattered across dozens of venues. The funding rate keeps the contract near a spot index, replacing expiry-based settlement; speculation is baked into the culture, and perps offer leveraged access and a way to profit in both directions with a relatively low barrier to entry. According to CoinGlass, bitcoin perpetual volumes steadily exceed spot by 5–10 times. Real asset trades are increasingly giving way to directional wagers. The paradox: a tool designed for hedging and price anchoring has, for the mass user, become a mechanism for rapid-fire betting. Turnover dynamics in spot and derivatives since April 2025, plus derivatives’ share of total volume. Source: CoinDesk. The brain craves uncertainty, not winnings Gambling hooks people not with winnings but with unpredictability. In the mid-20th century, psychologist B. F. Skinner showed that behavior is reinforced most strongly by random rewards — the so‑called variable reinforcement schedule. In his experiments, pigeons that received food after a random number of lever presses pecked more often and persistently than those rewarded on a fixed schedule. What drove them was anticipation born of uncertainty. Students place a pigeon in a Skinner box. Source: Wikipedia. The same mechanism drives humans, and dopamine is central to it — a neurotransmitter of anticipation, not pleasure per se. These neurons respond less to the reward itself than to the error in predicting it: the more surprising the outcome, the stronger the spike. When a win is guaranteed and predictable, the response is muted. When the result is unknown, the brain fires at full tilt. It’s no accident slot machines long ago overtook card tables and roulette as casinos’ top earners. Anthropologist Natasha Dow Schull, in her study of Las Vegas gambling industry, showed how solitary, continuous, rapid play induces a trance‑like state regulars call the “machine zone.” A slot doesn’t pay on schedule but unpredictably, and that very uncertainty becomes pleasurable. Losses barely sober a player up: the next spin could hit the jackpot. The “near-miss” is especially insidious — when a combination almost lines up. The brain reacts much like it would to a real win, and the hand reaches for the lever again. Neurobiology backs this up: the dopaminergic system is highly sensitive to unpredictable rewards, while it habituates to what’s expected and routine. That helps explain why players fixate on risky, low‑probability bets: the thrill comes from uncertainty itself, not the odds. The win is almost secondary — the brain wants not to know the outcome in advance. Pleasure tied to the unknown can thus sustain itself even without regular rewards. For dependency to form, winnings needn’t be frequent or large — it’s enough that outcomes stay unpredictable. A slot machine in your pocket Perp trading reproduces this variable‑reward loop. Traders place frequent bets with immediate but unpredictable outcomes — essentially spin after spin on price direction. Researchers compare intraday trading with gambling disorder: in both, people repeatedly stake money on unknown outcomes and receive irregular rewards. Each app open and chart refresh works like a slot pull: a position either ticks into profit — even a small one — or bleeds, sometimes all the way to liquidation. Modern trading apps supercharge the effect. Price alerts, flashing P&L; badges, flickering candles — they fragment trading into a nonstop stream of micro‑wins and micro‑losses. Social feeds use the same trick: at any moment the timeline might surface a like, a repost or a riveting post — that very unpredictability keeps many from closing the app. An extra layer comes from the funding rate. Every eight hours, longs and shorts pay each other: when the rate is positive, longs pay shorts; when negative — the reverse. Formally it anchors the contract to spot. Psychologically it’s a small win or loss inside an open position, arriving with the regularity of a machine that dispenses a token payout every few spins. The reward cycle shortens further. Behavioral finance calls the state that follows an “illusion of control” — the belief that constant monitoring and tinkering can steer a fundamentally random process. A trader can’t leave the screen for fear of missing a move — a fixation barely distinguishable from a gambler hovering over the roulette wheel. A casino that never closes Perps trade 24/7 — pushing the thrill to a new level. Traditional exchanges shut overnight and on weekends, offering natural breaks to cool off. Crypto never closes. The casino literally sits in your pocket, its doors unlocked: no breaks, no forced time‑outs to slow the spiral. Leverage turns up the heat. Many venues allow multiples in the dozens and, in places, up to 100x and beyond. That’s akin to raising the slot stake: risk and potential reward soar — as does the urge to go all‑in. Combined with round‑the‑clock access, it becomes an endless high‑speed game where balances swing in seconds and traders’ brains stay on high alert. Researchers note that a 24/7 schedule materially amplifies compulsive trading — people simply don’t get a natural signal to step away. Bets placed in such a mode can prove costly. Analysts warn that if traditional markets move to 24/7, investors will face the same psychological risks as online‑casino users. When the market resembles a round‑the‑clock slot hall, some participants become so dependent they may need medical help. And this isn’t a side effect — it’s the business model. Economically, casinos thrive on nonstop play and high unpredictability — and crypto exchanges mirror those principles. High‑frequency interfaces, leverage tools and 24/7 access ensure there’s always a reason — and a way — to place one more bet. Trading itself gets gamified: the “trade — settle — instant feedback” loop is as gripping as a video game. Why traders lose to themselves It’s not just dopamine. Cognitive biases push retail traders into decisions against their interests. Three core mechanisms: Loss aversion The pain of loss outweighs the joy of a comparable gain. Instead of realizing a loss, people average down, deny reality or simply close the app to avoid looking. Small cuts turn into a deep hole.Many take profits too early — afraid gains will vanish. Professionals do the opposite: they treat losses as a planned expense, not a personal defeat. Illusion of control This is the conviction that the market can be outplayed. It motivates hyperactivity that only entangles traders deeper in noise. Experienced players, by contrast, accept that uncertainty can’t be tamed — and rely on risk‑management tools instead of fighting it. Peer pressure Screenshots of others’ profits and overnight‑riches stories set a “success at any cost” template, while FOMO whispers that the “next 10x” is about to slip away.In such groups, blowing up an account is hardly shameful — a gripping liquidation tale draws sympathy. Emotional, even reckless trading becomes a badge of belonging. A vivid example: in spring 2025, trader James Winn opened a 10,200 BTC long ($1.14 billion at the time) with 40x leverage on Hyperliquid. At the peak, the “paper” profit reached $87 million on roughly $3–4 million of initial capital. Then the very biases above kicked in. After bitcoin fell below $105,000, Winn faced liquidation: the drawdown from the peak totaled $99.3 million — in a single week. He conceded it would have been wiser to keep bitcoin in cold storage. Yet days later he resumed trading, building a new position up to $140 million. Winn blamed his setbacks on a conspiracy — the machinations of market makers and a supposed “deep state” steering prices. He repeatedly announced he was quitting the “Hyperliquid casino,” only to return soon after — pure loss aversion and illusion of control. How the house stays ahead If retail mostly gambles, professionals take the casino’s side. Their strategies rely on positive expected value — a statistical edge that compounds over long series of trades. Common approaches include: 1. Statistical arbitrage. Quant models capture short‑term dislocations in related assets. Market‑neutral positions isolate profits from market direction. High trade frequency and tight risk controls turn many small wins into steady results. 2. Trend following. Entries by strict rules when momentum appears, and decisive stop‑loss exits on reversals. Big wins in strong trends offset small losses — producing a positive expectation. 3. Market making. Continuous two‑sided quotes earn the spread regardless of direction. A very high share of winning trades with minimal margin on each. 4. Non‑directional option strategies. Delta‑ and gamma‑neutral portfolios earn from time decay and risk premia. What unites these strategies isn’t foresight but discipline. Pros cap per‑trade risk at a small slice of equity (typically 0.5%–2%), use stop‑losses and position limits. After losses, they follow the rules and review mistakes instead of trying to “win it back.” That composure — not entry precision — explains the long‑run gap between the groups. The seasoned participant aims to be the house with a statistical edge, not the player at the machine. Math also matters. Fees, spreads and funding steadily leak from traders’ pockets, turning trading into a negative‑expectation game. Those who collect these costs — exchanges and market makers — reliably stay ahead. Just like in a casino. The price of lax discipline shows up at the macro level. In October 2025, the market saw the largest liquidation cascade on record: more than $19 billion in positions were force‑closed in a day. The trigger was a macro shock — the announcement of 100% US tariffs on imports from China — and the fall was amplified by the large stock of leverage in the system. Up to 90% of closures hit longs, with Hyperliquid the epicenter — $10.3 billion. Each downtick triggered new liquidations, which pushed prices lower — a self‑reinforcing spiral. Mass all‑in bets became a systemic risk not just for individual accounts but for the entire market. Is the casino moving on‑chain? Barriers keep falling. Perpetuals are migrating to decentralized venues with no KYC and no intermediaries — everything is non‑custodial, fast and nearly seamless. The segment’s new center of gravity is the Hyperliquid exchange. The leading platform accounts for more than 30% of volume across perp DEXs. Perp DEX rankings by trading volume and open interest. Source: CoinGecko. The “casino in your pocket” is getting more accessible, but it’s still niche — perhaps the only good news in this story of removing the last brakes. For years, trading has seemed to many the most direct and thrilling path to wealth. You can enter and exit positions anonymously, without trading hours or TradFi intermediaries. Leverage, instant execution and the ability to play both ways complete the picture — making the market look like a perfect arena for endless play. But that very freedom, paired with the siren song of fast riches, quietly blurs trading into gambling. A newcomer believes they’re mastering cutting‑edge finance. In reality, they’re slipping deeper into the psychological trap of speculative dependence. Web3 and the on‑chain world aren’t just a “casino for screen‑glued traders,” but a space to rebuild trust mechanisms, cooperation models and data ownership. DeFi, DAOs, RWA, digital identity, confidential computing and transactions — these are all evolving frontiers. Perp trading is only one lane, not the essence of Web3 or a mandatory route. While retail migrates to derivatives and thrills, the other pole is increasingly visible: institutions and holders who long ago moved coins to cold storage. What makes this world complex and compelling is precisely the lack of one right answer. Speculation and creation coexist, narratives and technologies matter equally, and whales and regulars share the same liquidity pool. Some earn on perpetuals, some exit after their first liquidation. Some build protocols and reshape industries, others find a home in community life. There is no single correct script here. Before visiting the “casino” again, it’s worth asking a simple question: does the silent whale‑hodler who parked bitcoin in cold storage long ago really need to become a trader glued to charts day and night?
Grayscale HYPE ETF ‘likely imminent’ as new update shows competitive fee: Analyst
Grayscale proposed a fee of 0.29% on its Hyperliquid ETF, which “slightly undercuts” rivals 21Shares and Bitwise that carry respective fees of 0.3% and 0.34%, says analyst James Seyffart.
Bitcoin Hits $70K After Losing Key Cost Basis Zone as Analysts Warn of Deeper Drawdown
Bitcoin prices are poised top fall further following the loss of a key cost basis level, according to analysts.
Radiant Capital to wind down after $50 million North Korea-linked hack
Radiant Capital has announced plans to wind down operations after failing to recover from a $50 million exploit that devastated the lending protocol and left it without sufficient funding to continue. According to a statement published Monday by Radiant’s decentralized…
Another Bitcoin Buy Ahead? Michael Saylor’s Latest Post Fuels Rumors
Strategy moved roughly 411 Bitcoin — worth about $30 million — to Coinbase Prime on May 29, then pulled the same amount back the very next day. Crypto Banter CEO Ran Neuner read the move as a tax maneuver: buy high, sell low, repurchase, and lock in the paper loss. Related Reading: ‘Now Or Never’ […]
The Unexpected Deal Steve Jobs Offered U2 After Refusing to Hand Over Apple Shares
In 2004, U2 approached Apple about an ad deal, asking to be paid in Apple shares. Steve Jobs refused and instead steered the band into a no-fee campaign built around a special iPod U2 Edition, complete with black casing, red click wheel and engraved signatures. The tie-up drove a hit product and big sales without […]
Robinhood completes WonderFi acquisition to bring low-fee crypto trading to Canada
Robinhood's acquisition of WonderFi enhances its global reach, potentially reshaping Canada's crypto market with increased accessibility and innovation. The post Robinhood completes WonderFi acquisition to bring low-fee crypto trading to Canada appeared first on Crypto Briefing.
TON jumps 15% as The Open Network plans rebrand to Gram
Telegram founder Pavel Durov says it is “returning to our roots — and starting a new chapter” by rebranding Toncoin to Gram.
Citi Projects $5.5T Tokenized Market by 2030 as Wall Street Moves Onchain
Citi expects tokenized securities and real-world assets to grow from about $17 billion today to $5.5 trillion by 2030. The bank says Treasury bills, digital stocks, and stablecoins could become the main drivers of Wall Street’s move onchain. Citi Highlights Stablecoins, Treasuries and Stocks as Tokenization Leaders Citi expects the market for tokenized securities to […]
Strategy’s Bitcoin sale causes clash for $80M in Polymarket bets
A clash has erupted among Polymarket users over the timing and disclosure of a recent Bitcoin sale by Strategy, with more than $80 million traded on the disputed outcome.
Bitmine buys $52M ETH as Tom Lee says price not yet showing Ethereum’s strength
Bitmine is aiming to hold 5% of the total circulating supply of 120.6 million Ether tokens and is about 90% of the way to its target after its latest purchase.
Coinbase Takes Next Step In India With Direct INR Banking Support
Cryptocurrency exchange Coinbase has launched direct deposit and withdrawal rails for the Indian Rupee (INR), continuing its push into India. Coinbase Users In India Can Now Make Direct INR Netflows According to a website announcement, Coinbase has expanded its offerings in India, allowing users to directly interact with the platform through the nation’s official fiat […]
Alphabet Plans to Raise $80 Billion Stock Sale to Scale AI Infrastructure
TLDR: Alphabet plans to raise $80 billion through stock sales to fund its growing AI compute infrastructure needs. Berkshire Hathaway commits $10 billion to Alphabet in a private placement, adding to its existing $20 billion stake. Google Cloud revenue surged 63% year-over-year in Q1 2026, with backlog nearly doubling to over $460 billion. Alphabet and [...] The post Alphabet Plans to Raise $80 Billion Stock Sale to Scale AI Infrastructure appeared first on Blockonomi.
Cyber Capital CIO Says Ethereum Failed, Calls Vitalik A ‘Dictator’—Citing A ‘Fatal Combination’
Justin Bons, the CIO of Cyber Capital—described as Europe’s oldest crypto investment fund—used X (previously Twitter) on Monday to deliver a pointed critique of Ethereum (ETH) and its co-founder Vitalik Buterin. Bons said he views the network’s current direction as a “fatal combination,” arguing that what he sees as centralized control is being paired with […]
Solana Prepares for a Massive Tokenomics Overhaul to Slash Network Inflation
The proposal, introduced by pseudonymous developer cavemanloverboy, aims to increase the amount of SOL burned by introducing a new base fee for every transaction. This might make Solana’s network issuance deflationary during periods of very high activity, according to some estimations. Proposed Solana Tokenomics Might Make SOL Deflationary Solana developer cavemanloverboy has introduced a proposal […]
Why Is Crypto Weak Lately? Equities, Not Crypto, May Hold the Answer
TLDR: The CBOE Dispersion Index hit 42, its third-highest ever, signaling extreme S&P 500 capital concentration hurting Bitcoin. Binance Research confirms Bitcoin faces its strongest multi-theme capital diversion ever across AI, defense, and commodities. Historical data shows Bitcoin bottomed within zero to twenty weeks after every DSPX peak, with a median recovery of two weeks. [...] The post Why Is Crypto Weak Lately? Equities, Not Crypto, May Hold the Answer appeared first on Blockonomi.
Sui Reveals What Caused Three Mainnet Halts After Major Network Upgrade
Sui’s mainnet suffered three separate outages across May 28 and May 29 after the network’s 1.72 release exposed edge cases in gas charging and validator restart logic, according to a postmortem from the Sui Foundation. The foundation said the issues have since been resolved, network activity has resumed, and “no user funds were at risk.” […]
Avalanche Network Explodes as FIFA World Cup Drives 60,000 Blockchain Ticket Transactions
Arielle Pennington, SVP of Growth at Avalanche, stressed that the rise in these ticketing transactions before the FIFA World Cup shows how blockchain technology can be adopted in the background, integrating seamlessly into the user experience process without being promoted upfront. Avalanche Facilitates Over 60,000 FIFA World Cup Ticket Transactions The upcoming FIFA World Cup, […]
DeFi protocol Radiant to wind down after failing to recover from 2024 hack
Radiant says its frontend and smart contracts will remain accessible and users will still be able to withdraw, repay, and manage their positions.
Bitcoin Holds Record Long-Term Holder Supply – So Why Isn’t Price Rising?
Bitcoin has lost the $75,000 level as selling pressure intensifies and the market faces a wave of uncertainty that has erased the confidence built during the recovery from the April lows. The breakdown is significant, and XWIN Research Japan has identified a development in the long-term holder data that challenges one of the most widely […]
LAB Reaches $16.23 Despite 95% Supply Concerns as Short Sellers Take Heavy Losses
LAB defied serious insider-dealing and tokenomics allegations to hit a new all-time high of $16.23 on June 1, pushing its year-to-date gains past 12,000%. New All-Time Highs for LAB On June 1, LAB, the token of an AI trading terminal project, jumped to a new all-time high of $16.23, a more than 100% gain from […]
Crypto Hackers Stole $68 Million In May — But The Attacks Getting No Headlines Are Far More Terrifying
Blockchain security firm CertiK recorded $68.3 million in total crypto losses across May 2026 — making it the third month of the year to fall below the $100 million threshold — but the headline number obscures a darker and more personal dimension to the sector’s security crisis, as physical attacks on crypto holders simultaneously reached […]
XRP Inflows Hit Their Lowest Level Of The Year: Is Selling Pressure Fading?
XRP is holding critical support around $1.30 as selling pressure tests a level that bulls have been defending through weeks of market uncertainty. The price is at a genuine inflection point — and an Arab Chain analysis tracking Binance inflow data has identified a structural development in May that adds a specific supply-side context to […]
Cheap Oil May Not Be Coming Back Soon as Markets Price Supply Risks
Cheap oil may not return soon, leaving investors, businesses, and consumers exposed to higher costs for longer. A new supply-security premium could keep inflation pressure alive, delay rate cuts, and reshape global markets. Oil’s New Security Premium Puts Inflation and Rate Cuts at Risk Cheap oil may not return soon, and Devere Group CEO Nigel […]
XRP, Shiba Inu (SHIB), Bitcoin (BTC) and Dogecoin (DOGE) Price Analysis for June 2nd: Chances for Bull Run Are Slim
Major cryptocurrencies remained under pressure as Bitcoin, XRP, Shiba Inu and Dogecoin tested key support levels, with bearish momentum continuing to dominate across the market.
CME Group Goes 24/7: Crypto Futures and Options Now Trade Around the Clock
TLDR: CME Group went live with 24/7 crypto futures and options trading on Friday, May 29, 2026. Over 7,200 contracts worth roughly $50M notional were traded during CME’s inaugural weekend session. Bitcoin Volatility futures also expanded to 24/7 trading, offering directional-free volatility exposure. Ripple Prime joined as a day-one clearing partner, noting XRP futures hit [...] The post CME Group Goes 24/7: Crypto Futures and Options Now Trade Around the Clock appeared first on Blockonomi.
BTC Could Hit Fresh Summer Highs Within Weeks if $73K Holds: Analyst
However, a failure to defend the current support level may open the door to a deeper correction toward $61,000.
Tether Brings Google’s TurboQuant to Production, Unlocking Long-Context AI on Everyday Devices
TLDR: TurboQuant compresses AI KV cache memory by up to five times with minimal impact on model quality. The upgrade enables laptops and phones to run longer AI sessions without cloud dependence. QVAC SDK 0.12.0 integrates TurboQuant into Fabric, expanding local AI development options. Tether aims to advance privacy-focused AI by bringing efficient inference closer [...] The post Tether Brings Google’s TurboQuant to Production, Unlocking Long-Context AI on Everyday Devices appeared first on Blockonomi.
Telegram CEO Pavel Durov Confirms Toncoin Rebranding to Gram
TLDR: Telegram CEO Pavel Durov confirmed Toncoin will be rebranded as Gram, its original white paper name. The rebranding process is expected to take three weeks, with The Open Network retaining its TON branding. TON price surged over 13% following Durov’s announcement, reaching a recent trading price of $2.12. Despite a 58% monthly gain, TON [...] The post Telegram CEO Pavel Durov Confirms Toncoin Rebranding to Gram appeared first on Blockonomi.
Binance Opens 7,000 US Stocks to Global Users With Commission-Free Access
Binance will let non-U.S. users trade more than 7,000 U.S. stocks and ETFs with zero commissions and fractional purchases. The exchange also plans to introduce “bStocks,” allowing eligible users to tokenize certain equities on BNB Chain. Richard Teng Pushes Binance Into U.S. Equities Binance is moving deeper into traditional finance with a plan to offer […]
How AI and news work together in crypto
AI's integration with crypto news enhances market efficiency, enabling rapid, data-driven trading decisions while mitigating misinformation risks. The post How AI and news work together in crypto appeared first on Crypto Briefing.
Bitcoin bulls eye fresh positions after BTC price drops under $71K
Selling from all angles pushed Bitcoin below $71,000 at the weekly open, but early bullish positioning in BTC derivatives may signal the start of a recovery.
How The Likes Of XRP, Solana, And Cardano Could Make A Comeback With This New Crypto Bill
XRP, Solana (SOL), and Cardano (ADA) are among the few cryptocurrencies that analysts believe could be significantly impacted by the upcoming CLARITY Act crypto bill. Recent updates show that the bill is still moving through the approval process, with a Senate vote expected this June. If the legislation is passed, it could mark a major […]
Anchorage Digital Targets Hedge Funds and Banks With New Non-Custodial Trading Infrastructure
Anchorage Digital, home to the only federally chartered crypto bank in the United States, has launched Coordinated Multiparty Settlement (CMS) powered by Atlas, a new infrastructure layer designed to bring institutional digital asset trading in line with the market structure that governs traditional finance (TradFi). What CMS Actually Does According to Anchorage’s announcement, the core […]
Pavel Durov brings back Gram as TON enters sts next big test
TON has rallied after Telegram founder Pavel Durov said the network’s native token will revert to its original name, Gram. According to Durov, Gram was the original name of the token in TON’s original white paper, while TON will remain…
Debate on CLARITY Act continues this week as US Senate returns
Many Democratic lawmakers have said that they will not support any version of a crypto market structure bill without provisions on ethics to address potential conflicts of interest by elected officials.
Dogecoin gains Paxos support in push for broader institutional adoption
The integration gives fintech and institutional platforms a new pathway to evaluate DOGE amid signs of slowing crypto adoption.
$50M in 72 Hours: CME Group’s 24/7 Crypto Futures Debut Draws Institutional Demand
CME Group launched 24/7 cryptocurrency futures and options trading on May 29, marking the first time retail and institutional traders can access regulated crypto derivatives at any hour, any day of the week. The Chicago-based derivatives exchange announced the expanded hours on June 1, confirming that more than 7,200 contracts traded over the inaugural weekend, […]
Binance Bitcoin Reserves Surge 5.1% While Stablecoin Liquidity Shrinks $3.87B, Pushing BTC Below $71K
TLDR: Binance Bitcoin reserves grew 5.1%, rising from 617,000 BTC to 648,600 BTC between April 25 and June 1, 2026. Ethereum holdings on Binance climbed 10.4%, adding 350,000 ETH during the same five-week observation period. Combined USDT and USDC reserves on Binance dropped $3.87 billion, reducing available spot market buying power significantly. Bitcoin fell below [...] The post Binance Bitcoin Reserves Surge 5.1% While Stablecoin Liquidity Shrinks $3.87B, Pushing BTC Below $71K appeared first on Blockonomi.
CME Group crypto futures go 24/7 as first weekend volume hits $50M
CME Group has drawn about $50 million in notional volume during the first weekend of its new 24/7 cryptocurrency futures and options trading service. According to CME Group’s official update, more than 7,200 crypto futures and options contracts changed hands…
More Risk, Fewer Gains: S&P 500 Leaves Bitcoin in Dust
The widening chasm between traditional equities and the cryptocurrency market has become impossible for global traders to ignore.
Tom Lee’s Bitmine Adds 26,497 ETH, Pushing Treasury to 5.42M Coins Worth $10.85B
Bitmine Immersion Technologies added 26,497 ETH last week, lifting its total ethereum holdings to 5,416,901 coins valued at roughly $10.85 billion and bringing the company within striking distance of owning 5% of ethereum’s entire circulating supply. A Deliberate Slowdown, Not a Retreat The purchase, worth approximately $53 million at roughly $2,003 per ETH, marks a […]
Bitcoin volatility is down 56% but analysts still expect up to 20% BTC price move
Bitcoin’s sharp volatility decline coincides with a 114-day trading range, setting the stage for a potential 10% to 20% price move, but the direction remains uncertain.
Dimon fight deepens as Coinbase pushes for CLARITY Act passage
Coinbase has intensified its push for U.S. crypto market rules as Senate lawmakers prepare for a decisive vote on the CLARITY Act this month. Shirzad said on Fox Business’ Mornings with Maria that the Digital Asset Market Clarity Act could…
Crypto Exploit Losses Reach $68 Million In May Despite Limited Phishing Damage
Code vulnerabilities were responsible for the bulk of the damage in May — roughly 66% of the month’s total losses, or about $45 million. That breakdown, drawn from data released by blockchain security firm CertiK, came alongside broader figures showing that overall crypto exploit losses fell to $68 million last month, down sharply from $650 […]
Grayscale nears Hyperliquid ETFs launch as fee race tightens
Grayscale has moved closer to launching its Hyperliquid exchange-traded fund after adding a 0.29% sponsor fee and HYPG ticker to its amended registration filing. The Securities and Exchange Commission filing submitted Monday shows that Grayscale updated its S-1 registration statement…
Kalshi moves beyond Bitcoin with XRP, SOL, ETH, and DOGE perps filing
Kalshi files to list XRP, SOL, ETH, and DOGE perpetual futures as its regulated US crypto derivatives push expands beyond Bitcoin. The post Kalshi moves beyond Bitcoin with XRP, SOL, ETH, and DOGE perps filing appeared first on Crypto Briefing.
USDT Returns to Bitcoin: How RGB and Lightning Network Are Rebuilding Settlement Infrastructure
TLDR: Tether co-led a $7.5M seed round in Utexo, formally endorsing RGB as the native path for USDT on Bitcoin RGB protocol enables confidential, client-side asset verification, offering fixed costs and full transaction privacy on Bitcoin. Utexo merges Bitcoin’s base layer, Lightning Network, and RGB into one API built for PSPs, exchanges, and HFT desks. [...] The post USDT Returns to Bitcoin: How RGB and Lightning Network Are Rebuilding Settlement Infrastructure appeared first on Blockonomi.
OranjeBTC buys additional 20 Bitcoin, total holdings reach 3,762 BTC
OranjeBTC's strategic Bitcoin accumulation and share buybacks could enhance shareholder value, but hinge on Bitcoin's long-term price growth. The post OranjeBTC buys additional 20 Bitcoin, total holdings reach 3,762 BTC appeared first on Crypto Briefing.
Banks Fear Stablecoins as Yield Threatens Deposit Business: Report
According to the analyst, banks can earn as much as 28% on loans while paying depositors less than 1%, a spread stablecoins are challenging.
Analyst Says Strategy’s BTC Sale Is Not Bearish Despite Rising Bitcoin Fear
Strategy’s 32 BTC sale is not triggering widespread selling pressure, according to an analysis shared by Cryptoquant, but weakening profit indicators suggest investor confidence is fading as fear gains ground across the bitcoin market. Bitcoin Metrics Show Why Strategy’s BTC Sale Is Not Bearish Fear is increasingly shaping bitcoin market sentiment after Strategy (Nasdaq: MSTR) […]
CME Group Goes Live With 24/7 Crypto Futures and Options, Launches Bitcoin Volatility Contracts
Bitcoin Magazine CME Group Goes Live With 24/7 Crypto Futures and Options, Launches Bitcoin Volatility Contracts CME Group has launched 24/7 crypto futures and options trading on its CME Globex platform. This post CME Group Goes Live With 24/7 Crypto Futures and Options, Launches Bitcoin Volatility Contracts first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Japan’s LDP Calls For Crypto ETF Framework, Yen Stablecoin Push In New Proposal
Japan’s ruling party has called for the creation of the long-awaited rules for crypto exchange-traded funds (ETFs) and promotion of yen-denominated stablecoins in the region in a new proposal to the government. Related Reading: Crypto Founder Predicts This Altcoin Sweetheart Will Overtake Solana, But How Far Will It Go? Japan’s Ruling Party Pushes For Crypto […]
Pundit Says XRP Has A 53% Chance Of Reaching The $11 Price Mark – Here’s Why
XRP may be heavily bearish right now, as its price steadily falls toward the $1.30 mark due to the highly unfavorable market environment. However, several predictions suggest that this phase is simply temporary and the broader outlook is extremely bullish, with the potential of reaching unprecedented levels such as $11. XRP’s Probability To Hit Unprecedented […]