Mt Gox Moves $953 Million in Bitcoin After Eight-Month Pause
The defunct Mt Gox exchange transferred roughly 10,608 BTC, worth about $953 million, to a new wallet, its first large-scale bitcoin movement in eight months and a shift that revived concerns over creditor repayments. The First Big Move in Many Months A Mt Gox-labeled cold wallet moved about 10,608 BTC, valued at roughly $953 million, […]
Sebastian Hassinger Predicts 50-Qubit Quantum Computers Within Five Years
Quantum computers with 50 logical qubits are expected to emerge within the next five years, according to Sebastian Hassinger, host of The New Quantum Era podcast and author of the book by the same name. He believes this will be a "point of no return," after which classical simulation methods will become ineffective. Hassinger shared this forecast during a special edition of the Quantum Computing Report in a conversation with Yuval Boger, Chief Commercial Officer of QuEra Computing. The expert, who spent about 10 years at IBM Quantum and AWS, focused on his own consulting project, The New Quantum Era, starting in early 2026. According to Hassinger's assessment, the technology development roadmap will be as follows: Short-term: Advantage of neutral atom systems; Medium-term: Dominance of superconducting qubits; Long-term: Emergence of spin and photonic solutions. Hassinger noted that platforms based on neutral atoms show excellent scaling and error correction (LDPC codes), but their "Achilles' heel" remains a lower operational clock speed compared to superconducting systems. Boger described his colleague's forecast as "conservative," recalling recent successes by Harvard and QuEra in demonstrating 48 logical qubits. He referred to the opinion of QuEra's CTO Vladan Vuletic, who extended his confidence horizon in the leadership of neutral atoms from five to 10 years. Boger also emphasized that thanks to new algorithms and memory efficiency (where the ratio of physical to logical qubits can reach nearly 2:1), the industry will not require millions of physical qubits to achieve practical supremacy. In May, Quantum Machines announced a median accuracy of 99.5% for two-qubit operations on Rigetti's commercial superconducting processor Novera. On June 1, D-Wave Quantum revealed plans to develop a fault-tolerant quantum computer with 100 logical qubits by 2032.
Mt. Gox Moves 10,422 Bitcoin While Bitcoin Price Craters Below $69,000
Bitcoin Magazine Mt. Gox Moves 10,422 Bitcoin While Bitcoin Price Craters Below $69,000 Mt. Gox moved 10,422 BTC worth $739 million ahead of its 2026 repayment deadline, triggering market jitters and contributing to Bitcoin’s drop below $69,000 despite no confirmed selling activity. This post Mt. Gox Moves 10,422 Bitcoin While Bitcoin Price Craters Below $69,000 first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Micron (MU) Stock Soars Above $1,000 Mark as Analyst Points to ‘Unprecedented’ AI-Driven Growth
Micron (MU) stock surges past $1,000 as Raymond James lifts price target to $1,100, citing AI-driven demand and historic memory market transformation. The post Micron (MU) Stock Soars Above $1,000 Mark as Analyst Points to ‘Unprecedented’ AI-Driven Growth appeared first on Blockonomi.
Cardano Lands Major Olympic Partnership in Brazil, What's Next?
New Olympic partnership could be a game-changer for Cardano.
SoFi (SOFI) Stock Gains as AI-Powered Financial Coach Debuts for Subscribers
SoFi (SOFI) stock climbed 1.98% following the launch of its AI financial coach for Plus subscribers, with early testing showing 70% user action rate. The post SoFi (SOFI) Stock Gains as AI-Powered Financial Coach Debuts for Subscribers appeared first on Blockonomi.
Bitcoin Bottom Nears as 40% of Supply Enters Loss
Bitcoin continues to move closer to a historic level that has served as a key indicator of market bottoms, as ongoing volatility pushes more of its supply into losses.
Polymarket Trader Loses $527K as Strategy’s First Bitcoin Sale Since 2022 Settles a Heated Bet
A trader on the decentralized prediction market Polymarket lost about $527,000 in a single day after Strategy disclosed its first bitcoin sale since 2022, per Lookonchain. A Bet Settled by an SEC Filing A Polymarket trader identified onchain as ‘willo2’ lost around $527,000 in a day after Strategy’s bitcoin sale was made public. The wager […]
Mt.Gox Transfers 10,422 BTC
On June 2, the bankrupt cryptocurrency exchange Mt.Gox moved 10,422.65 BTC, valued at approximately $739 million — marking the largest transfer in recent months. The structure of the transaction mirrors previous administrative transfers, which typically preceded the distribution of funds to creditors.
Strategy Bitcoin sale sparks Polymarket dispute over rules
Polymarket faces dispute after Strategy sold 32 BTC by May 31 but disclosed it June 1, dividing traders over when sales count in rules.
Strive (ASST) Adds $185 Million in Bitcoin as Holdings Reach 19,000 BTC
Bitcoin Magazine Strive (ASST) Adds $185 Million in Bitcoin as Holdings Reach 19,000 BTC Strive added 2,500 BTC for $185.2 million, boosting its holdings to 19,000 BTC and cementing its position among the largest public corporate Bitcoin holders. This post Strive (ASST) Adds $185 Million in Bitcoin as Holdings Reach 19,000 BTC first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Quantum Cyber (QUCY) Stock Surges as Company Takes Control of Drone Production
Quantum Cyber (QUCY) stock surged after announcing plans to bring drone manufacturing in-house via a revised BP United deal, advancing defense strategy. The post Quantum Cyber (QUCY) Stock Surges as Company Takes Control of Drone Production appeared first on Blockonomi.
Stock Market Today: HPE Soars 27% While Alphabet Slides on Massive Capital Raise
HPE stock jumped 27% on strong earnings, Marvell rose 23% with new AI chip reveal, and Alphabet fell 2% after announcing $80B fundraise for AI expansion. The post Stock Market Today: HPE Soars 27% While Alphabet Slides on Massive Capital Raise appeared first on Blockonomi.
Impulse Space Secures $500M Series D: SpaceX Veteran’s Orbital Startup Hits $4.26B Valuation
Impulse Space, founded by SpaceX's first employee Tom Mueller, raises $500M at $4.26B valuation to expand its satellite positioning technology. The post Impulse Space Secures $500M Series D: SpaceX Veteran’s Orbital Startup Hits $4.26B Valuation appeared first on Blockonomi.
Alphabet (GOOGL) Unveils Massive $80B AI Funding Plan, Stock Futures Retreat
Alphabet plans $80B equity raise for AI infrastructure, pushing Dow futures down 0.4% following Monday's record highs. HPE rallies 20% on strong earnings. The post Alphabet (GOOGL) Unveils Massive $80B AI Funding Plan, Stock Futures Retreat appeared first on Blockonomi.
Solana’s $1B ETF paradox: Why the price keeps falling
Solana spot ETFs hold $1.06B in AUM. SOL is down 77% from ATH. Here's why institutional buying isn't moving the price, and what could change the dynamic.
Securitize Launches Private Credit Fund on TRON Blockchain
PRESS RELEASE. Miami, Florida – June 2, 2026 – Securitize, the leading platform for tokenizing real-world assets – and which has announced a proposed business combination with Cantor Equity Partners II (Nasdaq: CEPT)* — today announced that Hamilton Lane (Nasdaq: HLNE)’s tokenized Senior Credit Opportunities Fund (“HLSCOPE”) is now launching on the TRON blockchain, expanding […]
60 Million Moneygram Users Gain Access to a Self-Custodial Dollar via Stellar Stablecoin
Moneygram launched MGUSD on June 2, 2026, a U.S. dollar stablecoin built natively on the Stellar blockchain and integrated directly into the Moneygram app for self-custodial wallet access. What MGUSD Is and How It Works The stablecoin is issued by Bridge, a Stripe company that the firm describes as GENIUS Act-ready. Minting and burning run […]
Securitize debuts first onchain private credit fund on TRON
The launch signifies a shift towards a more integrated global financial system, enhancing access to private markets via blockchain technology. The post Securitize debuts first onchain private credit fund on TRON appeared first on Crypto Briefing.
Capital B seeks $122B funding mandate to buy more Bitcoin
Capital B is asking shareholders to approve up to $122 billion in capital-raising authority to accelerate its Bitcoin treasury strategy.
EdgeX blames ‘external party’ for token crash as ZachXBT alleges insider manipulation
Onchain investigator ZachXBT claims decentralized exchange edgeX insiders controlled nearly the entire supply with a thin float.
Ripple 12-Year IPO Delay Threatens XRP; Shiba Inu (SHIB) Eyes Price Squeeze on Record Supply Drop; Stellar (XLM) and MoneyGram to Launch USD Stablecoin - Morning Crypto Report
SBI's 12-year Ripple IPO timeline fractures XRP sentiment, while MoneyGram challenges RLUSD with a Stellar stablecoin, and a record supply drop points to a SHIB price squeeze.
Meta Platforms (META) Dips Amid Bullish Analyst Calls: Why Wall Street Sees Major Gains Ahead
Meta (META) fell 1.6% to $622.58, but RBC's $810 target and Arete's upgrade to Buy at $735 signal confidence after Q1 earnings crushed expectations. The post Meta Platforms (META) Dips Amid Bullish Analyst Calls: Why Wall Street Sees Major Gains Ahead appeared first on Blockonomi.
Alibaba (BABA) Stock Jumps 6% on AI Model Launch and UEFA Partnership
Alibaba (BABA) stock rose 6% after unveiling Qwen3.7-Plus multimodal AI and securing a UEFA cloud partnership. Wall Street targets reach $188.76. The post Alibaba (BABA) Stock Jumps 6% on AI Model Launch and UEFA Partnership appeared first on Blockonomi.
POET Technologies (POET) Stock Soars 30% Following Major Lumilens AI Agreement
POET Technologies (POET) stock surged 30% on a $50M Lumilens AI contract and $400M capital raise. Company now holds $825M cash for 10x capacity expansion. The post POET Technologies (POET) Stock Soars 30% Following Major Lumilens AI Agreement appeared first on Blockonomi.
Kooc Media Rolls Out Dedicated Global PR Service Targeting AI Companies and Developers
Kooc Media, a PR distribution agency specialising in fast-moving tech sectors since 2017, has launched a new service aimed directly at artificial intelligence companies, AI developers, and technology startups building in the AI space. The service is built for AI businesses that need reliable, fast media coverage — without the guesswork that typically comes with [...] The post Kooc Media Rolls Out Dedicated Global PR Service Targeting AI Companies and Developers appeared first on Blockonomi.
Toncoin price stabilizes at $2 after Gram rebrand, is a rally to $3 next?
Toncoin price has stabilized near $2 after Pavel Durov’s Gram rebrand plan revived trader interest and helped the token defend a key support zone. According to data from crypto.news, Toncoin (TON) price traded around $2.03 at press time on Tuesday…
ampersend and TRM Labs launch real-time compliance screening for AI agents
The integration of real-time compliance screening in AI transactions enhances security, fostering broader enterprise adoption of autonomous commerce. The post ampersend and TRM Labs launch real-time compliance screening for AI agents appeared first on Crypto Briefing.
Vitalik Buterin Proposes Crash-Resistant Synthetic Asset Model
Ethereum co-founder Vitalik Buterin introduced a concept for recreating synthetic assets based on options instead of traditional debt positions. He believes this approach will eliminate forced liquidations and reduce reliance on high-speed oracles. The developer noted that current DeFi protocol models are vulnerable during sharp market downturns. The use of secured debt leads to cascading liquidations, which create excessive pressure on the network and market prices. The proposed scheme is built on a pair of assets (P and N) with a strike price S and an expiration date M. They are issued by splitting 1 ETH and can be redeemed at any time. At expiration, an oracle records the index value, and funds are distributed between the owners of P and N. “Since the total payout is always 1 ETH, the possibility of liquidation is absent,” Buterin emphasized. The main advantage of the model, according to the programmer, is its resistance to manipulation. Existing protocols require real-time price updates, creating security risks and MEV vulnerabilities. The option structure allows for the use of "slow" oracles, similar to those used in prediction markets. To maintain stable exposure (e.g., pegging to the dollar), Buterin suggested using deep-in-the-money options with regular automatic rebalancing through a DAO or local scripts. Among the potential drawbacks of the concept, the developer highlighted: the risk of slippage during frequent rebalancing (costs can reach 2% per year); quadratic deviation from the target index; the complexity of implementing effective on-chain automation. Buterin added that he would feel “much safer” holding algorithmic stablecoins built on such an architecture, rather than those based on latency-sensitive price feeds. In early March, Ethereum's founder introduced a plan for two key changes to the network's execution layer: transitioning to a binary state tree and the long-term replacement of the EVM. In March, Buterin called for the ecosystem to be restructured around privacy and AI.
Analyst Predicts Imminent Launch of Grayscale’s HYPE-ETF
Grayscale has submitted a sixth amendment to its application for an ETF based on Hyperliquid (HYPE), introducing the ticker HYPG and a fee of 0.29%. Bloomberg analyst James Seyffart stated that the fund's launch is "inevitable" and could happen as soon as this week.
Ripple’s RLUSD Goes Live in Türkiye, Hits $1.7 Billion Market Cap
Ripple is not pausing for breath. The company has brought its dollar-pegged stablecoin, $RLUSD, to Türkiye, and it has done so through three local exchange partners that Turkish crypto traders already know and trust: BiLira, Bitexen, and Bitlo. For a stablecoin that did not exist twelve months ago, crossing $1.7 billion in market capitalization while planting flags in new markets is the kind of run that gets people’s attention. Türkiye Was Always an Obvious Target Türkiye runs a $1.3 trillion economy. Its citizens trade nearly $200 billion worth of crypto every single year. That is not a fringe market dabbling The post Ripple’s RLUSD Goes Live in Türkiye, Hits $1.7 Billion Market Cap appeared first on The Merkle News.
Strive Doubles Down on Bitcoin With $185M Buy, Holdings Near 19,000 BTC
The announcement comes in a week in which Strategy actually sold.
EDGE token crashes as ZachXBT questions insider control
EDGE token fell over 40% as edgeX blamed external manipulation while ZachXBT questioned insider control and low circulating float.
Mt Gox Moves $953 Million in Bitcoin After Eight-Month Pause
The defunct Mt Gox exchange transferred roughly 10,608 BTC, worth about $953 million, to a new wallet, its first large-scale bitcoin movement in eight months and a shift that revived concerns over creditor repayments. The First Big Move in Many Months A Mt Gox-labeled cold wallet moved about 10,608 BTC, valued at roughly $953 million, […]
5 promising cryptos that could transform a $500 to $1m portfolio in 2026
Investors with $500 are exploring diversified crypto portfolios that combine established assets with higher-risk growth opportunities. A low-budget portfolio of just $500 requires a change in approach to navigating the cryptocurrency market. Today’s market is driven by institutional liquidity, so…
Strive buys 2,500 Bitcoin for $185 million, holdings top 19,000 BTC
Strive's Bitcoin acquisition strategy enhances its market position, potentially influencing corporate treasury trends and cryptocurrency adoption. The post Strive buys 2,500 Bitcoin for $185 million, holdings top 19,000 BTC appeared first on Crypto Briefing.
Pi Network price prediction 2026-2030: the tier-1 listing question
Pi Network’s PI token trades between $0.1488 and $0.1502 in late May 2026, with a market cap around $1.57 billion and ranked near #55. The asset has fallen roughly 91% from its February 2025 peak after Open Mainnet went live.…
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 a tighter corner, a setup […]
Ripple Price Analysis: XRP Shows Deeper Correction Signs Against Both USD and BTC
Ripple’s XRP remains under pressure against both the US dollar and Bitcoin, with the price action continuing to respect a broader bearish structure. The daily charts show the token trading below key moving averages while approaching important support zones that could determine the next major directional move. Ripple Price Analysis: The Daily Chart Against the […]
Intel (INTC) Stock Drops Despite Computex 2026 Reveals: Xeon 6+ and AI Infrastructure Launch
Intel (INTC) stock dropped after Computex 2026 reveals including Xeon 6+ processors, AI rackscale systems, and new enterprise cloud partnerships. The post Intel (INTC) Stock Drops Despite Computex 2026 Reveals: Xeon 6+ and AI Infrastructure Launch appeared first on Blockonomi.
This new layer 2 venture could rise faster than range bound giants like HBAR and DOT
Investors compare HBAR, DOT, and DOGEBALL as capital shifts toward utility-focused crypto projects in 2026. The digital asset market has entered a pivotal phase in May 2026, marked by historic regulatory milestones and drastic tokenomic restructurings. While Bitcoin and major…
Dollar General (DG) Stock Surges Nearly 5% on Stronger-Than-Expected Q1 Results
Dollar General (DG) stock jumped 4.6% after reporting Q1 EPS of $2.00, beating estimates, and raising full-year guidance to $7.20–$7.45 per share. The post Dollar General (DG) Stock Surges Nearly 5% on Stronger-Than-Expected Q1 Results appeared first on Blockonomi.
Sivers Semiconductors (SIVE) Stock Soars 50% on GlobalFoundries Silicon Photonics Deal
Sivers Semiconductors (SIVE) stock skyrocketed 50%+ to an all-time high after partnering with GlobalFoundries on silicon photonics for AI data centers. The post Sivers Semiconductors (SIVE) Stock Soars 50% on GlobalFoundries Silicon Photonics Deal appeared first on Blockonomi.
Why crypto search interest hit a one-year low in 2026
Google Trends shows crypto search interest at one-year lows while Bitcoin trades near $70k. Inside the price-attention disconnect and what it actually means.
Shiba Inu (SHIB) on Verge of Crossing 390 Billion Threshold in Exchange Inflows: Bears Take Control
Shiba Inu is unlikely to reclaim a bullish market wave as inflows spike substantially.
Cryptocurrency Treasury Inflows Hit Lowest Level Since October 2024
In May, inflows to companies with digital asset treasuries (DAT) amounted to $180.5 million, compared to $4 billion the previous month. Nearly the entire volume was attributed to structures holding Bitcoin on their balance sheets. Source: DefiLlama. The figure is 95% lower than in April and approximately 93% below the average for January-May. This followed two months of heightened activity: $4.28 billion in March and $4 billion in April. Companies with Bitcoin on their balance sheets accounted for $177.85 million (about 98% of the total volume). For comparison, this segment attracted $3.88 billion in April. There were no significant changes for other assets: minor inflows were seen in Zcash and Sui, while Litecoin experienced an outflow of $1.89 million. End of the Passive Accumulation Era According to a report by Galaxy, amid the market downturn in 2025-2026, premiums for DAT firms' shares began to decline. Investors are no longer willing to pay extra just for access to Bitcoin or Ethereum through the stock market. Research by Everstake confirms this trend: staking accounted for an average of 60% of total revenue for companies that disclosed data. Meanwhile, the combined net losses of the analyzed firms amounted to $1.41 billion. Galaxy analysts highlighted several survival strategies for "DAT 2.0": Staking and MEV: operating own validators to earn rewards and transaction fees; DeFi strategies: providing liquidity in AMM and arbitrage on liquidations; Basis trading: using futures to generate returns with neutral risk; Mergers and investments: acquiring operational businesses within the ecosystem (media, infrastructure). An example of market transformation is Nakamoto's acquisition of media holding BTC Inc. and the UTXO Management division. This allowed the firm to generate income not directly dependent on Bitcoin's price volatility. Experts emphasize that the emergence of spot crypto-ETFs has deprived public companies of the monopoly on providing regulated access to crypto assets. Now, their viability depends on the effective use of their balance sheets rather than the volume of coins held. Earlier this year, corporate Ethereum holders faced billion-dollar "paper" losses following a market correction.
Florida Sues OpenAI and Sam Altman Over Child Safety Concerns
The state of Florida, USA, has accused the startup OpenAI and its CEO Sam Altman of aggressively promoting the ChatGPT chatbot among teenagers and has demanded a ban on controversial practices along with the imposition of fines. This was reported by CNN citing court documents. In the lawsuit, Attorney General James Uthmeier claims that the company deliberately promoted ChatGPT while concealing the service's risks—from "instructions" for minors with suicidal thoughts to aiding suspects in planning crimes. The allegations relate to the law on unfair and deceptive trade practices, as well as software defects, lack of appropriate warnings, and creating a public threat. Florida seeks a court injunction against the disputed practices, civil penalties of up to $10,000 for each intentional violation, and compensation for affected parties. State authorities insist that ChatGPT harms children and teenagers by encouraging self-harm, fostering behavioral addiction, and leading to a decline in critical thinking skills. Furthermore, the free version lacks an age verification mechanism, and in the paid subscription, age can be entered without verification. A separate set of allegations concerns data. According to the document, OpenAI was aware of the service being used by children under 13, collected their personal information, and did not obtain parental consent. The lawsuit cites several incidents of violations. For example, an investigation into ChatGPT's role in the Florida State University shooting. It also mentions a case involving the murder of two graduate students: the accused had asked the chatbot for advice on eliminating evidence shortly before their disappearance. Another case is the tragedy of 16-year-old Adam Rayne, who, according to authorities, committed suicide after prolonged conversations with ChatGPT. "Sam Altman and ChatGPT chose the race for artificial intelligence over the safety of our children. They chose profit over public safety, and we will not tolerate it here in Florida," the prosecutor emphasized. Uthmeier stated that he expects support for the legal initiative from other states.In May, a court dismissed Elon Musk's lawsuit against Altman, Greg Brockman, OpenAI, and Microsoft due to late filing.
Broadcom (AVGO) Surges 7% as Alphabet’s AI Investment and Nvidia CEO’s Comments Fuel Rally
Broadcom (AVGO) surged 6.8% pre-market to $491 after Alphabet announced $80B AI plan and Jensen Huang's comments lifted chip stocks. Earnings due June 3. The post Broadcom (AVGO) Surges 7% as Alphabet’s AI Investment and Nvidia CEO’s Comments Fuel Rally appeared first on Blockonomi.
Crypto treasury inflows fall to lowest level since 2024
Bitcoin treasury firms made up nearly all May inflows, but BTC-linked capital formation also dropped sharply from April.
Bitcoin back in ‘distribution phase’ as extreme fear grips crypto market
Bitcoin slips below $70,000 as rising losses, exchange inflows and extreme fear signal a renewed distribution phase.
Outpoll: A New Paradigm in Prediction Markets
Outpoll introduces a new global prediction market platform that enables users to trade on the outcomes of real-world events. Categories include, but are not limited to, politics, sports, crypto, culture, and more – with a product layer that is centered on professional trading tools, access through a public API, integrated news layer, a native mobile […]
Not All Crypto Growth Is Real Growth
For most of the last cycle, the metrics that defined growth in crypto were the metrics that were easiest to inflate. Total Value Locked. Transaction count. Active wallet count over the previous day. Twitter follower count. Each of these has a number that goes up, and each of them was treated as evidence that something [...] The post Not All Crypto Growth Is Real Growth appeared first on Blockonomi.
Credo Technology (CRDO) Shares Dip Despite Record-Breaking Quarterly Performance
Credo Technology (CRDO) stock declined 4.2% despite beating Q4 estimates with $437M revenue and $1.16 EPS. Q1 guidance failed to excite investors. The post Credo Technology (CRDO) Shares Dip Despite Record-Breaking Quarterly Performance appeared first on Blockonomi.
Crude Oil Markets Retreat as Trump Confirms Ongoing Negotiations with Iran
Oil prices fell Tuesday with Brent down 2% to $93 as Trump said Iran talks continue, despite the Strait of Hormuz remaining restricted to shipping. The post Crude Oil Markets Retreat as Trump Confirms Ongoing Negotiations with Iran appeared first on Blockonomi.
MoneyGram unveils MGUSD stablecoin on Stellar
MoneyGram has launched its own U.S. dollar stablecoin, MGUSD, on the Stellar blockchain, placing it at the center of a payments network that serves more than 60 million active customers. According to a Tuesday announcement, MGUSD is being issued by…
Keyrock to Acquire Bankrupt BlockFills’ Assets for $3.25 Million
Brussels-based Keyrock has agreed to purchase nearly all assets of the bankrupt crypto trading and lending firm BlockFills, allocating up to $3.25 million for the deal. Following an auction, Keyrock acquired the company's assets, some liabilities, stakes in related entities, client base, technologies, and intellectual property. The closure of the agreement is subject to court and regulatory approval.
Cardano powers Brazil Olympic tech push with blockchain and AI
Cardano Foundation and Brazil’s Olympic Committee start a three-year blockchain, AI and IoT plan for identity, fans and governance.
Ethereum Price Prediction: How Low Can ETH Go If $2K Support Decisively Cracks?
Ethereum remains under pressure after failing to reclaim a major resistance cluster. The price is now hovering around a key long-term support zone. The broader structure suggests sellers still dominate the market, while weakening demand from US investors adds another layer of caution. Ethereum Price Analysis: The Daily Chart On the weekly timeframe, ETH has […]
Galaxy launches OTC prediction markets desk for institutional investors
Galaxy's new OTC prediction markets desk could reshape institutional risk management by integrating event-driven strategies with broader asset hedging. The post Galaxy launches OTC prediction markets desk for institutional investors appeared first on Crypto Briefing.
Major Ripple (XRP) Announcement Affecting Turkish Users: Details
Turkey sits "at the crossroads of traditional financial and digital economy," one Ripple exec said.
Solana Tops All Blockchains With $91 Million in May App Revenue, Beating Ethereum
Solana generated $91 million in application revenue in May, more than any other blockchain and ahead of Ethereum’s $52 million, according to data shared by Defillama. Solana out-Earns Every Layer 1 and Layer 2 Solana booked $91 million for the month, placing it ahead of the Hyperliquid L1 at $53 million, Ethereum at $52 million, […]
'I Received XRP Much Later': Ripple CTO Emeritus Clarifies Role
Ripple CTO emeritus breaks silence on role at company's inception.
MoneyGram rolls out MGUSD stablecoin on Stellar
MGUSD's launch on Stellar could revolutionize global remittances, enhancing financial inclusion and stability for underserved communities worldwide. The post MoneyGram rolls out MGUSD stablecoin on Stellar appeared first on Crypto Briefing.
Kalshi eyes XRP, Solana and Dogecoin perps after Bitcoin approval
Kalshi reportedly filed to certify XRP, Solana and Dogecoin perpetual futures after winning CFTC approval for Bitcoin perps.
Ethereum Foundation President Breaks Silence On New Mandate And Internal Tensions
Ethereum Foundation President Aya Miyaguchi has laid out her view of the organization’s new mandate, framing the shift as a necessary reset after internal debates became increasingly strained and the Foundation faced pressure to be too many things at once. Her comments, posted on X after Vitalik Buterin shared his own view of the Foundation’s […]
Micron Technology (MU) Stock Climbs on HBM4 Launch and AI Memory Innovation at COMPUTEX 2026
Micron Technology (MU) stock climbed after unveiling HBM4, next-gen RDIMMs, PCIe Gen6 SSDs, and edge AI memory products at COMPUTEX 2026 for AI growth. The post Micron Technology (MU) Stock Climbs on HBM4 Launch and AI Memory Innovation at COMPUTEX 2026 appeared first on Blockonomi.
Kalshi Files to Launch XRP Perpetual Futures in US
Kalshi issues new proposal to the SEC to officially bring perpetual futures for XRP and other major crypto assets to the U.S. market.
PEPE price prediction 2026-2030: the first meme ETF test
PEPE trades between $0.0000037 and $0.0000054 in late May 2026, with a market cap near $1.6 billion, 86% below the $0.000028 high from December 2024. Two specific events have shifted the setup from pure speculation to something an analyst can…
Russian Capital on Foreign Crypto Exchanges Falls to 720 Billion Rubles
By the end of March, the funds of Russian citizens on foreign centralized crypto exchanges decreased by 23% compared to the previous two quarters, reaching 720 billion rubles, according to a recent financial stability review by the Bank of Russia. The regulator estimated that 60% of these assets were in Bitcoin, 8% in Ethereum, and 32% in other coins. According to the "Transparent Blockchain" service, during the reporting period, Russian traffic on foreign CEX websites fell by 32% to 56.5 million visits. Growth in Synthetic Investments Additionally, the central bank noted an increase in investments in Russian instruments linked to the value of crypto assets. As of April 1, they reached approximately 3.8 billion rubles. Specifically, the volume of bonds based on ETFs in circulation amounted to 4.1 billion rubles. Of this, 1.7 billion rubles or 42% was held by individuals and non-profit organizations. The central bank mentioned structured bonds linked to shares of iShares Bitcoin Trust ETF and iShares Ethereum Trust ETF from BlackRock. It also referred to Moscow Exchange futures on Bitcoin and Ethereum indices (MOEXBTC, MOEXETH) and on cryptocurrency ETF shares (IBIT, ETHA). The net open position of retail investors in cryptocurrency futures was estimated at 1.7 billion rubles, with about 5,600 participants. Approximately 3,800 people invested 354 million rubles in DFAs. Within auto-following strategies, 271 individuals invested 85.6 million rubles in synthetic crypto instruments. BTC and ETH Prices Below October Levels The review states that the crypto market did not recover during the reporting period from the sharp decline in October 2025, unlike the stock market. In April 2026, the average monthly price of Bitcoin was $73,500—36% below the October 2025 level. Ethereum averaged $2,300—45% lower. The Bank of Russia attributed the correction to a shift of investors to traditional assets amid political tensions, expectations of a more hawkish stance from major central banks, and Bitcoin sell-offs by miners due to rising production costs. The Bank of Russia also highlighted stablecoins, whose capitalization has remained around $300 billion since October 2025, with transaction volumes reaching $1.5 trillion in March 2026. In late April, the first reading of the bill "On Digital Currency and Digital Rights" took place. It defines cryptocurrencies as currency value for foreign trade settlements and mandates transactions through licensed intermediaries. The procedure for administering wallets by digital depositories sparked particular debate. ForkLog discussed the document in detail in a podcast.
Palo Alto Networks (PANW) Earnings Preview: Can CyberArk Deal Drive Stock Higher?
Palo Alto Networks (PANW) reports Q3 earnings today with $2.9B revenue expected. CyberArk integration and AI agent security drive investor interest. The post Palo Alto Networks (PANW) Earnings Preview: Can CyberArk Deal Drive Stock Higher? appeared first on Blockonomi.
Costco (COST) Stock Drops 16% From Peak — Should You Buy the Dip?
Costco (COST) shares tumbled to a 3-month low after Q3 earnings. Analysts debate whether the premium valuation justifies buying the dip. Here's the breakdown. The post Costco (COST) Stock Drops 16% From Peak — Should You Buy the Dip? appeared first on Blockonomi.
Twenty One faces NYSE warning after SoftBank board exit
Twenty One must add an independent audit committee member by June 5 or face an NYSE below-compliance flag from June 9.
Toncoin Surges 19.5% Following Rebranding Announcement
The price of Toncoin (TON) surged following Pavel Durov's announcement of rebranding the blockchain's native cryptocurrency to Gram. Within a day, the asset's value jumped from $1.89 to $2.26 (+19.5%). At the time of writing, the price of TON had adjusted to $2. Hourly chart of TON/USDT on Binance. Source: TradingView. The founder of Telegram explained that the rebranding is the fourth step out of seven in the Make TON Great Again (MTONGA) initiative. According to him, the transition to the historical name Gram will take about three weeks, while the network will retain the name The Open Network (TON). "We are returning to our roots — and starting a new chapter. This change will pave the way for what comes next," Durov stated. Simultaneously, the Gram website was launched. A few hours before Durov's post, a vote on renaming the ticker from TON to GRAM appeared on TON Vote but was quickly removed. Later, the main vote was posted on the platform. The community erupted in debate: according to "Durov's Code," some users fear that the outcome of the vote could be disproportionately influenced by large holders. One of the wallets voting for the rebranding holds about 1.5 million TON — approximately $3.3 million. This address may be linked to a miner's wallet from which nearly 45 million TON were withdrawn in 2020. According to "Durov's Code," in the first 15 minutes of the current vote, nearly 90% of wallets opposed the rebranding. These were mainly addresses with small balances, collectively holding TON worth $578,866. The History of Gram The name Gram refers to the original Telegram Open Network project, which Durov attempted to launch between 2018 and 2020. At that time, the company raised $1.7 billion from accredited investors through SAFT (Simple Agreement for Future Tokens) deals. However, in 2019, the U.S. Securities and Exchange Commission (SEC) obtained a temporary ban on the distribution of tokens. The regulator insisted that Grams were unregistered securities and that the Howey Test should apply to the entire investment scheme, including secondary resale. In 2020, the Southern District of New York court supported the SEC's position, calling the initial token sale part of a single investment contract. As a result of regulatory pressure, Durov officially ceased involvement in TON's development, returned some funds to investors, and the project was handed over to an independent developer community and later renamed Toncoin. In May, Durov announced TON's leadership among L1 networks in transaction finalization.
Will Bitcoin price fall to $65K next as ETF outflows deepen?
Bitcoin price has fallen below $70,000 after deepening ETF outflows, Mt. Gox-linked wallet movements and renewed geopolitical stress pushed traders into a risk-off stance. According to market data, Bitcoin (BTC) price traded near $69,400 on June 2 after falling more…
IBM (IBM) Stock Surges Nearly 30% in Historic Four-Day Rally: What’s Driving the Momentum
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XRP Ledger Payments Volume Surges 10x, Spiking Above 1.5 Billion
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Ripple Unlocks 1 Billion XRP for June as US Spot ETFs Log Record $118 Million in May Inflows
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Is Bitcoin Near a Cycle Bottom as Supply in Loss Reaches 40.6%?
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Nvidia (NVDA) Picks Chinese Startup Over Tesla for Humanoid Robot Partnership
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Wall Street Analysts Give Perfect Buy Ratings to These U.S. Rare Earth Miners
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Palantir (PLTR) Stock: Is the Growth Story Over After a 1,000% Surge?
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Kelp DAO Hacker Launders $220M, Leaving Only Frozen Assets Within Reach
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Virgin Galactic (SPCE) Stock Soars 300% Despite Wall Street Skepticism
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Cloud Mining platform review: 10 leading Bitcoin cloud mining platforms of 2026
Cloud mining gains popularity in 2026 as platforms like AJC Mining lower barriers to Bitcoin mining participation. As the cryptocurrency industry continues to develop, traditional crypto mining is no longer suitable for most ordinary users. In the past, anyone who…
The Stablecoin Wars Just Got A New Contender — And This One Has 500,000 Retail Locations
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Mt. Gox moves $739M in Bitcoin from cold wallets: Arkham
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Robinhood Completes Acquisition of Canada’s WonderFi
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Bitcoin Traders Lose $455M on Long Bets as BTC Dips Below $70,000
Bitcoin dropped below $70,000 to an eight-week low of $69,390, wiping out $4,000 in value over 48 hours and temporarily pushing its market cap below $1.4 trillion. Massive Liquidations Rock Crypto Traders Bitcoin ( BTC) continued to plunge Tuesday morning, dropping below $70,000 as the fallout from Strategy’s sale of 32 bitcoins continued to rock […]
Salesforce (CRM) Stock Surges Nearly 10% on Exceptional Q1 Results: Time to Buy?
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Citron Research’s Andrew Left Convicted on 13 Securities Fraud Charges
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XRP price nears oversold zone as whale withdrawals hit 2021 low
XRP trades near $1.26 as RSI nears oversold levels, MACD stays bearish and whale withdrawals from Binance hit a 2021 low.
AFX vs Hyperliquid
By spring 2026, Hyperliquid had become the de facto standard in the perp-DEX segment. According to CoinGecko, in April the platform processed $190.28 billion in trades (about 3.9% of the total volume), ranking ninth among all perpetual futures venues, including centralized exchanges. Yet the infrastructure problems of on-chain derivatives have not gone away. Meme-coin manipulation and unstable mark-price behavior under heavy load remain weak spots, and competitors are trying to answer them with their own architectural designs. On May 18, 2026, AFX joined the race — an L1 network built specifically for perpetual futures trading. Together with the project team, ForkLog examines how AFX is designed and how its approach differs from Hyperliquid. Hyperliquid sets the bar Hyperliquid combined a full on-chain order book with the user experience traders are used to from centralized exchanges. In October 2025, the protocol activated the HIP-3 upgrade, which allows any developer to launch a perpetual futures market on top of HyperCore by staking 500,000 HYPE. The market creator defines the contract specifications, oracles, leverage limits and settlement parameters, and can claim up to 50% of the fees. This mechanic quickly pushed Hyperliquid beyond the crypto-native perimeter. The platform became a round-the-clock venue for macro-risk trading: during the escalation of the Middle East conflict, the CL-USDC contract tied to WTI crude reached $1.1 billion in volume with open interest above $274 million. The segment leader has been through several stress tests. In March 2025, Hyperliquid faced manipulation around the meme-token JELLYJELLY: attackers exploited features of the liquidation mechanism and the asset’s thin liquidity, leaving the Hyperliquidity Provider Vault (HLP) with roughly $12 million in unrealized losses. The team had to halt trading manually and delist the contract. A new incident happened in November of the same year, this time with the meme-coin POPCAT. According to on-chain analysts, the attacker withdrew about $3 million in USDC from OKX, split the funds across 19 wallets and opened a combined long of roughly $30 million. When the trader pulled the wall of buy orders, his $20–30 million position was liquidated within seconds. The losses passed to the exchange's liquidity provider (HLP), which lost $4.9 million. Amid manipulation suspicions, Hyperliquid temporarily paused deposits and withdrawals. These episodes did not break the business model, but they marked specific scenarios in which Hyperliquid behaves differently from how its documentation reads. They also became reference points for the next generation of projects. An L1 built for the order book AFX positions itself as a Sovereign Trading Layer — dedicated infrastructure for professional derivatives trading. The team rejected a general-purpose blockchain and assembled its own stack: a custom execution layer, the Mysticeti consensus based on DAG BFT, and a modular structure built on ABCI/Cosmos SDK. Execution and consensus are separated, so the order flow is handled independently of other network processes. Hyperliquid also runs on its own L1 and builds its infrastructure around HyperCore — an on-chain engine for spot and perpetual markets with an order book and price-time priority matching. Through HyperEVM, developers can tap into HyperCore liquidity and build applications inside the ecosystem. AFX took the opposite direction: instead of an ecosystem horizontal, it focused on the trading-stack vertical — blockchain validator, mempool, DAG consensus, ABCI communication layer, virtual machine, accounts module, bridge and trading engine are packaged into a single system where the matching logic is physically separated from consensus and cannot be slowed down by it. The venue added two more elements geared toward professional flow: Zero gas fees remove friction from placing and canceling orders, so traders’ decisions no longer depend on transaction cost. Protection against MEV is built through a dedicated mempool and an execution architecture that separates the order sequence from regular on-chain traffic. A dedicated trading layer gives AFX more control over mempool behavior, transaction flow and execution logic than a DEX deployed on top of a congested general-purpose blockchain. At launch, four contracts went live: bitcoin and Ethereum with up to 40x leverage, plus gold (XAU) and crude oil (CL) with up to 25x. At the time of publication, the venue had added Solana, XRP, silver (XAG) and HYPE. Margin is in USDC. Deposits go through the Arbitrum network, with connection via MetaMask, Rabby, Coinbase Wallet or the WalletConnect protocol. The starter set of assets is telling: AFX is moving into the same niche where Hyperliquid is already setting records on macro assets and RWA. Not just speed Hyperliquid set a high bar: orders are filled in about 0.2 seconds on average, and even in rare cases of heavy delay, in roughly 0.9 seconds. AFX claims about 0.12 seconds to process a typical order, more than 50,000 operations per second and headroom to scale to 100,000–200,000. But comparing raw numbers does not show the whole picture. In quiet periods almost any large exchange runs fast. The real test comes during sharp market moves, when positions are closed en masse, funding rates change abruptly and trading bots fire off massive numbers of orders at once. “In moments like that, what matters is not just peak system speed but how stably the platform performs under load: how fast it processes and cancels orders, how it manages the order queue and how predictably it executes trades. AFX’s trading system is built first and foremost to preserve stability and predictability during peak load,” AFX contributors say. Mark price from three sources Mark price is the contract’s reference price that the exchange uses to calculate margin, PnL, liquidations and conditional-order triggers. On thin markets, the last-trade price can be moved sharply by a single large order. If mark price depends too heavily on the local order book, it opens the door to manipulation and forced liquidations. AFX calculates mark price as the median of three independent components: an external oracle price for the underlying asset, smoothed by a 2.5-minute moving average; the mid of AFX’s own order book; a weighted median of the mid for the same contract on the centralized exchanges Binance, OKX, Bybit, Gate and MEXC, with weights of 3:2:2:1:1 respectively. Source: Medium. If one of the sources returns abnormal data because of order-book manipulation, an oracle failure or a stuck feed from an external exchange, the median simply ignores it and takes the middle value. To shift the mark price noticeably, an attacker would have to influence at least two independent sources at once. The calculation refreshes once per second. In practice, this reduces the risk of false liquidations during short-term dislocations in the local order book. A stop-loss triggered by mark price will not fire on a single spike in AFX’s order book if the rest of the market remains stable. Orders triggered by the last trade price, on the contrary, react to that local move. The user chooses the trigger type, but the mark-price architecture makes the classic single-book manipulation attack significantly harder. Four phases of liquidation and the role of the LP Vault Cascading liquidations are one of the main stress tests for on-chain venues. AFX uses a four-step defense system that gradually tightens as the value of assets in the trader’s account approaches the minimum collateral threshold for the position. The first step cancels open orders that have funds reserved against them. The system first tries to free up capital without forcibly closing the position itself. If that is not enough and account equity drops below the maintenance margin, the second step kicks in — forced closure of the position on the open market. If any funds remain after the close, they are returned to the trader. The third step is triggered if a normal liquidation can no longer stabilize the account — for example, during a sharp market move, when a position races into deep loss. At that point the LP Vault (or ALP) takes on the open position and the trader’s remaining funds, becoming the counterparty to the trade and assuming the risk. The fourth step is the auto-deleveraging mechanism (ADL). It is used only as a last resort: if the LP Vault’s own funds go negative after absorbing a losing position, the system begins to cut profitable opposing positions of other participants to cover the remaining loss. Source: Medium. The LP Vault is the system’s main protective buffer in this model. The pool supplies liquidity to the order book, absorbs liquidated positions and takes on part of the risk during sharp market moves. ADL remains a backstop for cases where even the LP Vault cannot cover the losses in full. Pro-grade orders and cross-margin In cross-margin mode, AFX lets traders use unrealized profit as additional collateral. If an open position moves into the green, available margin increases automatically — there is no need to close the trade and withdraw the profit first. That makes capital handling more flexible: a trader can scale into a position, add a hedge or rebalance a portfolio without extra steps. Hyperliquid also develops its margin system: its documentation describes margin tiers that set maximum leverage and maintenance margin requirements. “The difference is in emphasis. Hyperliquid built one of the strongest on-chain perpetuals ecosystems. AFX enters the market with capital efficiency as a core architectural principle, targeting traders who run a portfolio of several positions and expect margin logic at the level of a professional trading system,” AFX representatives comment. The platform offers three order types. Market orders let the user cap allowed slippage in a 0.5%–5% range. Limit orders support the main execution modes — GTC, IOC, FOK and Post-Only. Conditional orders (stop-market and stop-limit) can be triggered by either the last trade price or the mark price. The roadmap also lists TWAP execution and a hedge mode with a simultaneous long and short on the same pair, but these features are not yet available at launch. Base fees are 0.01% for makers and 0.06% for takers. Under the VIP program, the rates drop as 30-day volume grows — both the main account and sub-accounts count toward the total. Users at the top VIP tiers also receive a share of the platform’s fee revenue. The referral program works through wallet attribution: after following a unique link, a user is bound to the inviter, and rewards are recalculated daily based on the referred network’s total trading volume. Betting on quant traders and market makers In the AFX team’s view, the bulk of on-chain derivatives volume over the coming years will be generated not by retail traders through the interface, but by market makers, quant traders, copy-trading communities and AI agents. Hyperliquid has mature documentation and API infrastructure, yet that same documentation spells out the limits advanced users hit. Each account gets 1,000 open orders by default, with a ceiling of 5,000 as volume grows. When the 1,000-order cap is reached, the platform may reject reduce-only and trigger orders. “AFX is designed around the needs of professional clients from day one. The long-term goal is to attract not the trader looking for a decentralized alternative to Binance or Bybit, but the trader who wants to run a full trading operation on-chain without giving up execution quality,” AFX emphasizes. A token economy without VC On the token side, AFX leans on the absence of a venture round, private allocations or pressure from future unlocks. The project frames the launch as oriented toward active traders, liquidity providers and the community rather than early-round investors. The token itself has not been issued yet. At launch, the team rolled out trader incentive programs: a VIP system that cuts maker and taker fees as volume grows, and a referral model with wallet attribution and fee sharing. The approach echoes the Hyperliquid model: launch the infrastructure and build liquidity first, then distribute the token through user activity rather than classic venture rounds. “Hyperliquid has one of the strongest communities in DeFi, and that is one of the reasons it became the segment leader. AFX can build on the lessons of the first wave with a sharper focus on community-driven economics,” AFX adds. Trading activity before the token appears forms the base for the future genesis distribution, and traders building volume and liquidity now are positioning themselves for an airdrop. Hyperliquid walked a similar path: its November 2024 distribution became the most generous in history, valued at around $10.8 billion at the asset’s peak. The platform has grown steadily in trading volume since then, and the HYPE token continues to set new all-time highs in June 2026. The experience of dozens of other projects, however, shows that liquidity that arrives for a drop often leaves in the first weeks after distribution. Two things will be critical for AFX: the structure of the genesis distribution, and whether it can retain professional participants once the early-stage incentives run out. Without the latter, even a technically excellent order book risks being left with a thin book. AFX and Hyperliquid: comparison table ParameterAFXHyperliquidPositioningSovereign Trading Layer for professional on-chain derivativesOn-chain order-book perp-DEX + spot + app ecosystemOrder bookFully on-chainFully on-chain, price-time priority matchingConsensus and architectureMysticeti DAG BFT, ABCI + Cosmos SDK, modular structureHyperBFT, HyperCore + HyperEVMLatency~120 ms P500.2 s median for co-located clientsThroughput50,000+ TPS; theoretical ceiling 100,000–200,000 TPSHyperCore optimized for high-performance on-chain tradingExecution modelExecution and consensus separatedHyperCore handles trading logic nativelyMarginReuse of unrealized PnL, cross-positions, real-time risk controlMargin tiers and maintenance margin systemMEV protectionDedicated mempool and execution architectureOn-chain order book and transaction-sequencing rulesTarget audienceProfessional traders, quants, HFT, market makers, trading communitiesRetail traders, professional traders, developers, ecosystem users What time will show AFX’s tech stack addresses specific bottlenecks of on-chain perps: a three-component mark price reduces the risk of price manipulation, the four-step liquidation system with an LP Vault adds an extra buffer between a losing position and the rest of the market, and the reuse of unrealized profit in cross-margin mode improves capital efficiency for professional trading strategies. The coming months will show what marketing materials could not: whether AFX holds its stated latency and mark-price behavior during episodes comparable to JELLYJELLY and POPCAT on Hyperliquid; whether the LP Vault can absorb liquidated positions in the first genuinely massive cascade without triggering ADL; whether professional market makers come in before and after the genesis token distribution; how the token distribution structure plays out. The gap to Hyperliquid is unlikely to close quickly in the near term. The segment leader has built a full ecosystem, and its token keeps setting new all-time highs above $60. The very interest in platforms of this kind and the growth of the biggest player can also be a positive signal for AFX, confirming sustained demand for on-chain derivatives.
Bitcoin Falls Below $70,000 Amid Geopolitical Tensions and Strategy’s BTC Sale
On June 2, the price of the leading cryptocurrency dropped to $69,751. The decline occurred amid escalating tensions between the US and Iran, as well as the sale of part of its reserves by Strategy. In the past 24 hours, Bitcoin has decreased by 3.9%. At the time of writing, the asset is trading at $69,966. Hourly chart of BTC/USDT on Binance. Source: TradingView. Other top-10 cryptocurrencies also entered the "red zone": BNB lost 0.6%, Solana fell by 1.4%, and XRP by 3%. Source: CoinGecko. Zeus Research analyst Dominic John linked the negative trend to rising geopolitical tensions. Investors began shedding volatile assets due to fears of destabilization in the Strait of Hormuz following the suspension of negotiations between Washington and Tehran. Additional pressure on the market came from news about Strategy. The company sold part of its reserves for the first time since December 2022 — 32 BTC worth about $2.5 million. The firm will use these funds to pay dividends on preferred shares. Experts pointed out the insignificant volume of the deal for the market. However, BTSE exchange COO Jeff May considers the situation a negative psychological signal. According to him, Strategy's actions indicate that even the largest holders feel pressure from the recent price decline. While the crypto market was falling, US stock indexes S&P; 500 and Nasdaq closed slightly up. In Asian markets, there is mixed dynamics: Japan's Nikkei 225 and South Korea's Kospi are declining, while Chinese indexes are showing growth. Head of Research at Bitrue Andri Fauzan Adjima noted that Bitcoin is trading as a high-risk asset tied to macroeconomic expectations rather than as an independent hedging tool. According to him, this is a temporary phase of the cycle: as market conditions improve, the cryptocurrency will show leading growth. Santiment confirmed that investors have increasingly favored stocks due to their returns and low volatility. 📊 The gap between traditional equities and crypto has become increasingly difficult for traders to ignore. From May 6th through June 1st, the S&P; 500 has climbed another +4%, while Bitcoin is down -13% and gold -5%. This divergence has led to a growing preference among investors… pic.twitter.com/TMcT32sIvt— Santiment Intelligence (@SantimentData) June 1, 2026 This creates a "self-reinforcing cycle," where capital flows from the crypto industry to the traditional sector. Santiment experts also reported that whales have started actively moving coins after the price fell to $70,011. 🐳 As Bitcoin dipped as low as $70,011, our on-chain data indicates the network saw the most transactions valued at $100K or more since April 22nd. This is historically a strong sign of whale accumulation.🔗 Track $BTC whale activity here on this chart: https://t.co/voRQUWucDF pic.twitter.com/KnOeOiho3y— Santiment Intelligence (@SantimentData) June 2, 2026 The network of the leading cryptocurrency recorded a record number of transactions of $100,000 or more since April 22. Analysts noted that a surge in large transfers during a price drop historically indicates a phase of asset accumulation by whales. What About ETFs? On June 1, the net outflow from exchange-traded funds based on digital gold amounted to $483.76 million. The continuous negative trend has persisted since May 15 — for 11 consecutive sessions. Source: SoSoValue. The main volume on the last trading day was from BlackRock's IBIT — $440.3 million was withdrawn from the fund. The only inflow of $6.14 million was recorded at Morgan Stanley's MSBT. In the last 11 days, funds have lost $3.45 billion. The total outflow for May was $2.43 billion — the worst monthly figure since November 2025. Researchers from Bitrue linked this to rising inflation in the US and high yields on government bonds. Institutional investors are redirecting capital to other assets, including AI sector stocks. Spot Ethereum ETFs completed their 15th consecutive trading day with a negative result. On June 1, investors withdrew $44.44 million. Source: SoSoValue. During the trading week from May 25 to 29, the outflow from investment products based on digital assets amounted to $1.67 billion.
ARK Invest Pivots: $63M Nvidia (NVDA) Purchase While Offloading AMD
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SpaceX (SPCX) IPO: Why a $2 Trillion Valuation Could Signal Trouble for Investors
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Brazil’s B3 Readies Tokenized Stocks for H2 2026, But Says Direct Trading Will Have to Wait
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Marvell (MRVL) Stock Rockets 24% Following Jensen Huang’s Trillion-Dollar Endorsement
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Alphabet (GOOGL) Stock Tumbles 2% Following Massive $80B Capital Raise Announcement
Alphabet (GOOGL) stock declined 2% after unveiling an $80 billion equity raise to finance AI expansion, drawing criticism from Cramer and Chanos. The post Alphabet (GOOGL) Stock Tumbles 2% Following Massive $80B Capital Raise Announcement appeared first on Blockonomi.
Author of Legendary 700% XRP Prediction Reacts to Crypto Market Collapse, Reveals Bitcoin Price Outlook
The trader who nailed the 700% XRP run calls out the fake 'Saylor sell panic' and sets a hard Bitcoin floor.