Bitcoin extends losses below $69K as Fed’s Hammack warns sticky inflation may force rate hike
Rising interest rates could dampen investment in cryptocurrencies, impacting market stability and investor confidence. The post Bitcoin extends losses below $69K as Fed’s Hammack warns sticky inflation may force rate hike appeared first on Crypto Briefing.
Altcoin Season Index at 49 — Traders Need Bitcoin Dominance Below 55% to Trigger Rotation
Bitcoin’s correction below $70,000 has pulled its market dominance down to roughly 58% and pushed the Altcoin Season Index to 49, raising real questions about whether capital is rotating out of BTC and into altcoins, though the data does not confirm a full altseason yet. Bitcoin Dominance Slides as BTC Loses Ground Bitcoin dominance ( […]
FedEx Freight (FDXF) Drops 7% on First Trading Day as Independent Company
FedEx Freight (FDXF) fell 6.76% on its NYSE debut. CEO John Smith targets 15% operating margins by 2029 and says autonomous tech is ready for deployment. The post FedEx Freight (FDXF) Drops 7% on First Trading Day as Independent Company appeared first on Blockonomi.
Bitcoin’s On-Chain Landscape Looks Far Different From Its 2021 Bull Market Peak
Given the prolonged waning price action, the Bitcoin network is starting to feel this bearish pressure, leading to a sharp decline in activity across the network. After a period of downward performance, the level of activity and participation within the network has significantly dropped below levels seen in previous bull market cycles. How Bitcoin’s Network […]
Bitwise CIO says crypto is becoming a contrarian bet as AI stocks dominate markets
Bitwise CIO Matt Hougan says crypto is becoming a contrarian bet as AI stocks dominate and Clarity Act uncertainty weighs. The post Bitwise CIO says crypto is becoming a contrarian bet as AI stocks dominate markets appeared first on Crypto Briefing.
The Surprising Disconnect Between Bitcoin’s Price and Network Activity
Bitcoin is far less active than in 2021, as institutional exposure grows through ETFs and funds.
A Little Story About Inflation – An Excerpt from Bitcoin: The Honest Money
Bitcoin Magazine A Little Story About Inflation – An Excerpt from Bitcoin: The Honest Money An excerpt from Bitcoin: The Honest Money uses the rising cost of ice cream to explain how inflation devalues money, wages, savings, and time. This post A Little Story About Inflation – An Excerpt from Bitcoin: The Honest Money first appeared on Bitcoin Magazine and is written by Alex v. Frankenberg.
Movement Launches Licensed Stablecoin Payment Infrastructure in US, EU, and Canada
Movement launches licensed stablecoin payment rails in the US, EU, and Canada, targeting cross-border remittances and dollar savings for emerging markets. The post Movement Launches Licensed Stablecoin Payment Infrastructure in US, EU, and Canada appeared first on Blockonomi.
Coinbase and Ethena tease a bigger push as ENA gains speed
Coinbase Ventures has purchased ENA tokens on the open market as Coinbase and Ethena prepare a new partnership focused on on-chain finance and savings products. Ethena said in an official X post on Tuesday that Coinbase Ventures made its first…
MoneyGram Launches MGUSD: A New Stablecoin for Global Remittance
MoneyGram officially debuted its native stablecoin, MGUSD, today.
Coinbase buys ENA stake as Ethena token jumps 15% on expanded partnership
Coinbase Ventures bought ENA as Coinbase expanded its Ethena partnership across custody, wallets, perps, and USDe access. The post Coinbase buys ENA stake as Ethena token jumps 15% on expanded partnership appeared first on Crypto Briefing.
Movement expands stablecoin payments push with access to US, Canada, EU rails
The Move-based blockchain network said it gained access to licensed payment infrastructure as it shifts toward stablecoin settlement and remittances.
CFTC chair claims Gemini case was politically motivated, seeks to reverse $5M settlement
The CFTC chair seeks to roll back an enforcement action on the company founded by Cameron and Tyler Winklevoss, donors to Donald Trump’s 2024 campaign and attendees at White House events.
Bitcoin gets new $50K target after BTC price crashes 6% in a day
Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions.
CFTC Chair Moves to Reverse Winklevoss-Led Gemini Enforcement Order
TLDR The CFTC wants a federal judge to vacate parts of Gemini’s January 2025 enforcement order. CFTC Chair Michael Selig linked the Gemini case to alleged political targeting under Biden. Gemini’s case began with claims tied to a 2017 Bitcoin futures approval process. The January 2025 order included a $5 million penalty and future compliance [...] The post CFTC Chair Moves to Reverse Winklevoss-Led Gemini Enforcement Order appeared first on Blockonomi.
Cryptoquant: The Onchain Line Behind Every Bitcoin Bottom Sits Near 40%, Short of ‘Maximum Opportunity’
A market-stress gauge that has marked every bitcoin bottom for more than a decade is reading near 40%, a level reflecting meaningful pressure but stops short of the historical “maximum opportunity” zone. A Line That Keeps Marking Bottoms MorenoDV pointed to an onchain stress measure that he says has lined up with every major bitcoin […]
Charles Schwab debuts 24/7 Bitcoin, Ether, Solana and Ripple futures, targets spot crypto for advisors next year
Schwab's crypto futures expansion and upcoming spot trading for advisors could significantly enhance digital asset accessibility and market engagement. The post Charles Schwab debuts 24/7 Bitcoin, Ether, Solana and Ripple futures, targets spot crypto for advisors next year appeared first on Crypto Briefing.
Charles Schwab Sets Mid-2027 Target for Advisor Bitcoin and Crypto Spot Trading
Bitcoin Magazine Charles Schwab Sets Mid-2027 Target for Advisor Bitcoin and Crypto Spot Trading Charles Schwab plans to launch spot crypto trading, custody, and transfers for registered investment advisors by mid-2027. This post Charles Schwab Sets Mid-2027 Target for Advisor Bitcoin and Crypto Spot Trading first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Trump Signs AI Executive Order Seeking Early Access to Frontier Models
TLDR Trump signed an executive order seeking early federal access to advanced AI models. AI companies can voluntarily submit models for benchmarking before wider public release. The order focuses on models with advanced cyber capabilities and security risks. Federal agencies may review selected models up to 30 days before release. Anthropic’s Claude Mythos and Project [...] The post Trump Signs AI Executive Order Seeking Early Access to Frontier Models appeared first on Blockonomi.
US Now Has Pro-Bitcoin Head of National Intelligence
Bill Pulte, a staunch political loyalist, pro-Bitcoin conservative, and current head of the Federal Housing Finance Agency (FHFA), to serve as the acting director of national intelligence.
Coinbase makes a quiet bet on ProShares stablecoin reserve ETF
Coinbase has invested in ProShares’ GENIUS Money Market ETF as stablecoin issuers prepare for stricter reserve rules under the GENIUS Act. BlockBeats reported on June 2 that Coinbase will invest in the ProShares fund, known by the ticker IQMM. The…
Kyle Samani Claims Web3 Is Dead Sparking Fresh Crypto Debate
The Bold Claim That Shook the Crypto World Kyle Samani, co-founder of Multicoin Capital, recently said that . He believes only two areas still matter in the crypto space right now. These are decentralized finance, known as DeFi, and decentralized […] The post Kyle Samani Claims Web3 Is Dead Sparking Fresh Crypto Debate appeared first on Blockmanity.
MoneyGram Launches MGUSD Stablecoin on Stellar Network for Global Payments
TLDR: MoneyGram launched MGUSD, a native U.S. dollar stablecoin built on the Stellar blockchain network. Bridge, M0, and Fireblocks provide the issuance, smart contract, and wallet infrastructure for MGUSD. MGUSD integrates into the MoneyGram app via a self-custodial wallet, launching first in the U.S. market. MoneyGram’s 500,000-location network gives MGUSD built-in global distribution from its [...] The post MoneyGram Launches MGUSD Stablecoin on Stellar Network for Global Payments appeared first on Blockonomi.
BNB Chain Ecosystem Sees Major Institutional Week With US ETF Debut, Asset Manager Bet
As financial institutions continue to bet on the crypto industry, the BNB Chain ecosystem saw major developments last week, with the launch of the first US Spot Exchange-traded Fund (ETF) and its inclusion among the top networks to benefit from upcoming regulatory clarity. Related Reading: Japan’s LDP Calls For Crypto ETF Framework, Yen Stablecoin Push […]
Anthropic Expands Project Glasswing to 150 New Cybersecurity Partners
TLDR Anthropic expanded Project Glasswing to about 150 organizations across more than 15 countries. New partners include groups from power, water, healthcare, communications, and hardware sectors. Project Glasswing partners use Claude Mythos Preview to find serious software vulnerabilities. Early partners found more than 10,000 high-severity or critical-severity security flaws. Anthropic says broader Mythos-level access still [...] The post Anthropic Expands Project Glasswing to 150 New Cybersecurity Partners appeared first on Blockonomi.
Franklin Templeton and MoonPay open new door for BENJI fund
Franklin Templeton has added its BENJI tokenized money market fund to MoonPay Trade, giving institutional clients a new route between stablecoins and tokenized fund products. According to a statement released Tuesday, the partnership will allow institutional users to swap USDC,…
Coinbase (COIN) Stock Declines 4.43% Following ProShares ETF Stablecoin Investment Announcement
Coinbase (COIN) stock dropped 4.43% to $174.52 as the exchange announced investment in ProShares IQMM ETF, focusing on stablecoin reserve infrastructure. The post Coinbase (COIN) Stock Declines 4.43% Following ProShares ETF Stablecoin Investment Announcement appeared first on Blockonomi.
SEC Lists Crypto Rules First in New Regulatory Priorities
The SEC placed digital asset regulation at the forefront of its draft strategic plan, signaling that crypto policy will be a key focus for the agency in the coming years. The proposal calls for a clearer regulatory framework as blockchain-based markets and tokenized financial products continue to expand. SEC Puts Crypto Rules at the Front […]
Crossmint enables Visa card payments for AI agents and autonomous commerce
The new API lets AI agents make purchases with eligible Visa cards using tokenized credentials and spending controls, expanding payment options for autonomous software.
BlockDAG’s Live Utility & $0.01 Buyback Offer Eclipse the Latest Ethereum News & Toncoin Price Prediction
Investors are moving fast, assessing three assets with distinct market trajectories. Recent Ethereum news emphasizes order book dynamics, where heavily clustered short positions sit on a trap door while quiet buyers accumulate underneath. Meanwhile, the Toncoin price prediction focuses strictly on technical charts, where a flawless retest has market analysts forecasting higher targets. Both situations [...] The post BlockDAG’s Live Utility & $0.01 Buyback Offer Eclipse the Latest Ethereum News & Toncoin Price Prediction appeared first on Blockonomi.
Dogecoin (DOGE) Dips Below $0.10, Yet Key Indicator Flashes a Buy Signal
"This old meme coin is about to do something insane," one X user predicted.
Polymarket Users Cry Foul After $85 Million Bet On MicroStrategy’s Bitcoin Sale Goes Wrong
A dispute with more than $85 million in total trading volume at stake has erupted on Polymarket after Strategy Inc. — formerly MicroStrategy — confirmed it sold 32 Bitcoin between May 26 and May 31, 2026, only for the prediction market to propose a “No” resolution on the grounds that public confirmation arrived one day […]
Bitcoin Crashes Below $67,000 as $700 Million Wiped From Crypto Market in Hours
Bitcoin is bleeding. The world’s largest cryptocurrency plunged to $66,997 on Tuesday, shedding over $6,750 in just 32 hours as panic grips the market and liquidations tear through leveraged positions at an alarming rate. For traders who have watched this cycle with cautious optimism, the drop is a gut punch, and analysts say it may not be over. The Numbers That Are Shaking Traders Right Now The sell-off is brutal by any measure. In the span of two hours alone, The post Bitcoin Crashes Below $67,000 as $700 Million Wiped From Crypto Market in Hours appeared first on The Merkle News.
HIVE Digital Technologies (HIVE) Stock: Revenue Soars 158% in FY2026 Amid Net Loss
HIVE Digital Technologies (HIVE) stock analysis: FY2026 revenue surges 158% to $297.8M driven by Bitcoin mining and HPC growth amid net losses. The post HIVE Digital Technologies (HIVE) Stock: Revenue Soars 158% in FY2026 Amid Net Loss appeared first on Blockonomi.
Bitcoin pulls back as macro pressure mounts: Some crypto investors are choosing SHRMiner for stable monthly passive income of $8000
Market volatility boosts interest in simplified AI compute platforms like SHRMiner as traders seek alternative exposure. Bitcoin’s recent pullback has reminded investors of a familiar reality: even in a long-term bullish environment, crypto markets rarely move in a straight line.…
Moonpay Connects Institutions to Franklin Templeton’s Tokenized Funds in New Onchain Push
Franklin Templeton and Moonpay have struck a strategic partnership that connects the $1.74 trillion asset manager’s Benji Technology Platform with Moonpay Trade’s institutional infrastructure, giving eligible institutions a direct onchain path between stablecoins and tokenized money market fund exposure. What the Integration Does The deal links Franklin Templeton‘s proprietary blockchain-enabled recordkeeping system to Moonpay Trade’s […]
Crossmint launches Visa powered card payments API for AI agents
Crossmint launched a Visa powered API that lets developers enable AI agents to make card payments with tokenized credentials. The post Crossmint launches Visa powered card payments API for AI agents appeared first on Crypto Briefing.
Strive adds 2,500 BTC while Bitcoin slides below key levels
Strive Inc. has raised its Bitcoin holdings to 19,000 BTC after buying an additional 2,500 BTC between May 23 and June 1, 2026. A June 2 filing with the U.S. Securities and Exchange Commission said the Nasdaq-listed company bought the…
Altcoins Gain $4B Despite Bitcoin Sell-Off, Analyst Sees Bullish Shift
‘The Jury Got It Wrong’: Citron’s Andrew Left Convicted of Securities Fraud
Andrew Left, the prominent short seller behind Citron Research, was found guilty of securities fraud by a U.S. federal jury, which convicted him on 13 of 17 counts after a three-week trial in Los Angeles. A Landmark Case Over Posts and Trades A Los Angeles federal jury found Andrew Left, the 55-year-old founder of Citron […]
Major Indexes Extend Rally to Fifth Consecutive Record High on Tuesday
Major indexes approach fifth straight record close as Alphabet falls on $80B AI spending while HPE jumps 20% on strong earnings and job openings exceed forecasts. The post Major Indexes Extend Rally to Fifth Consecutive Record High on Tuesday appeared first on Blockonomi.
Fluence Energy (FLNC) Stock Soars 44% on Nvidia Data Center Partnership Announcement
Fluence Energy (FLNC) stock surged 44% after Nvidia chose it as sole battery storage partner for AI data center design. Mizuho keeps Underperform at $15. The post Fluence Energy (FLNC) Stock Soars 44% on Nvidia Data Center Partnership Announcement appeared first on Blockonomi.
Coinbase expands stablecoin push with investment in ProShares’ IQMM ETF
Coinbase invests in ProShares IQMM ETF to support GENIUS Act stablecoin reserves as demand for compliant infrastructure grows. The post Coinbase expands stablecoin push with investment in ProShares’ IQMM ETF appeared first on Crypto Briefing.
Franklin Templeton brings BENJI tokenized funds onto MoonPay
The partnership could accelerate institutional adoption of tokenized finance, enhancing liquidity and efficiency in digital asset markets. The post Franklin Templeton brings BENJI tokenized funds onto MoonPay appeared first on Crypto Briefing.
Zama accelerates compliance after court lifts $12.5M USDC freeze
Privacy protocol Zama says it will accelerate compliance measures after a court lifted a $12.5 million USDC freeze tied to an unrelated legal dispute.
Cisco (CSCO) Stock Soars to 52-Week Peak Following Cloud Control Platform Debut
Cisco (CSCO) stock climbed nearly 5% to a 52-week high after launching Cloud Control, an agentic AI platform at Cisco Live. BofA raised target to $135. The post Cisco (CSCO) Stock Soars to 52-Week Peak Following Cloud Control Platform Debut appeared first on Blockonomi.
HIVE Digital (HIVE) Stock Soars 167% on AI Transformation and Record Revenue Growth
HIVE Digital (HIVE) stock jumps 167% as fiscal 2026 revenue soars 158% to $297.8M, powered by AI infrastructure pivot and planned Toronto gigafactory. The post HIVE Digital (HIVE) Stock Soars 167% on AI Transformation and Record Revenue Growth appeared first on Blockonomi.
Bitcoin plunges below $68K as market selloff triggers over $1B in liquidations
Bitcoin fell below $68K as over $1B in liquidations, ETF outflows, and crypto stock losses deepened market pressure. The post Bitcoin plunges below $68K as market selloff triggers over $1B in liquidations appeared first on Crypto Briefing.
Gaxos.ai (GXAI) Stock Soars 53% as Amazon AWS Expands AI Platform Investment
Gaxos.ai (GXAI) stock surged 53% after Amazon AWS committed new funding for AI sales coaching platform built with Premier Partner Caylent for enterprises. The post Gaxos.ai (GXAI) Stock Soars 53% as Amazon AWS Expands AI Platform Investment appeared first on Blockonomi.
Strive Buys 2,500 Bitcoin, Holdings Reach 19K BTC as $4.2B Funding Plan Advances
Strive purchased 2,500 bitcoin, raising its holdings to 19,000 BTC, while also expanding cash reserves. The company is positioning itself for future funding growth, boosting flexibility for operations, acquisitions, and treasury activity. Strive Grows Its Bitcoin Treasury While Building a Larger Cash Cushion A June 2 filing with the U.S. Securities and Exchange Commission (SEC) […]
XRP to $1 Roadmap: Analyzing Key Triangle Pattern Break That Triggers Deep Summer Slump
XRP breaks below its $1.30 triangle support, putting the $1 roadmap back on the menu for bears.
BlackRock Moves $425 Million in Another Bitcoin Sale
BlackRock makes huge Bitcoin deposit in suspected sell attempt as rising selling pressure continues to push institutional clients to hold back their investments.
MoonPay Trade Partners with Franklin Templeton to Connect BENJI and Stablecoin Markets
Franklin Templeton integrates BENJI with MoonPay Trade, connecting tokenized money market funds with stablecoin liquidity for institutional users. The post MoonPay Trade Partners with Franklin Templeton to Connect BENJI and Stablecoin Markets appeared first on Blockonomi.
How One Crypto Founder Is Using XRP To Build The Future Of Finance
Flare Founder Hugo Philion has revealed how his network is utilizing XRP in the decentralized finance (DeFi) space. This includes wrapping the XRP token, which enables users to deploy it on DeFi platforms to earn yield. Flare Founder Breaks Down How They Use XRP For DeFi In an ‘XRP in One Minute’ episode, Philion stated […]
Strive (ASST) Stock Drops 9% Despite Record $185M Bitcoin Acquisition
Strive (ASST) purchased 2,500 BTC for $185M, reaching 19,000 total bitcoin. Stock fell 9% despite Benchmark's Buy rating and $32 price target. The post Strive (ASST) Stock Drops 9% Despite Record $185M Bitcoin Acquisition appeared first on Blockonomi.
Take-Two (TTWO) Stock Receives Bullish Analyst Rating Ahead of GTA 6’s Anticipated 2026 Release
Take-Two (TTWO) stock receives Overweight rating and $280 target from Piper Sandler. Analyst forecasts 22% upside driven by GTA 6's November 2026 launch. The post Take-Two (TTWO) Stock Receives Bullish Analyst Rating Ahead of GTA 6’s Anticipated 2026 Release appeared first on Blockonomi.
Bitcoin Market Bottom Signals Emerge as Strategy Sells Minimal Holdings, Says Tom Lee
Tom Lee says Strategy's bitcoin sale and ETF outflows signal a market bottom, not a bearish trend. Bitmine purchases $237M in ETH amid market concerns. The post Bitcoin Market Bottom Signals Emerge as Strategy Sells Minimal Holdings, Says Tom Lee appeared first on Blockonomi.
U.S. stocks are pulling capital away from Bitcoin: Binance Research
Bitcoin has fallen below $70,000 as capital continues to flow toward a narrow group of high-performing U.S. equity sectors, according to a new analysis from Binance Research. According to Binance Research, the CBOE Dispersion Index recently reached 42, its third-highest…
Nu Holdings (NU) Stock Plunges to 52-Week Low Following Executive Shakeup
Nu Holdings (NU) stock crashed to a 52-week low after CFO change, Q1 earnings shortfall, and BofA downgrade. Shares down 26% in six months. The post Nu Holdings (NU) Stock Plunges to 52-Week Low Following Executive Shakeup appeared first on Blockonomi.
Sanofi (SASY) Deploys AI Sales Assistant Powered by Snowflake Technology
Sanofi (SASY) introduces AI sales agent on Snowflake platform, transforming pre-call prep from hours to seconds as SNOW drops 8.48% at Summit 26. The post Sanofi (SASY) Deploys AI Sales Assistant Powered by Snowflake Technology appeared first on Blockonomi.
86% Long Liquidation Wave Exposes Bitcoin’s Breakdown Below $68K as ETF Pressure Builds
Bitcoin’s slide toward $68,000 on Tuesday reflected a sharp risk-off reset as exchange-traded fund (ETF) redemptions, Strategy’s rare bitcoin sale, and a heavy derivatives flush hit traders at the same time. Market data placed bitcoin’s low at $67,521 on Bitstamp’s one-hour chart as of June 2, with the asset falling from the roughly $73,900 area […]
HIVE Bitcoin holdings drop by 331 BTC in Q1, reports record $298M revenue
HIVE reduced its Bitcoin holdings to 150 BTC while annual revenue climbed to $297.8 million, driven by growth in mining and AI computing.
Kaiko acquires Amberdata in blockchain data consolidation push
Kaiko acquired Amberdata to expand its institutional crypto data platform with derivatives analytics, onchain tools and AI-powered research.
Georgia targets illegal crypto mining in Mestia crackdown: Report
Georgia will reportedly install electricity meters across Mestia to curb illegal crypto mining after officials blamed miners for grid strain and outages.
Super Micro Computer (SMCI) Stock Surges 5%+ Following Computex AI Platform Launches
SMCI stock jumped 5%+ after launching AMD Helios and Arm AGI CPU platforms at Computex 2026. Mizuho raised price target despite supply chain concerns. The post Super Micro Computer (SMCI) Stock Surges 5%+ Following Computex AI Platform Launches appeared first on Blockonomi.
Capital B proposes €5 billion stock issuance to fatten Bitcoin treasury
Capital B has sought shareholder approval to authorize up to €5 billion in new equity issuance and €116 billion in credit instruments as the French Bitcoin treasury company pushes for additional capital to expand its Bitcoin holdings. According to Alexandre…
Bitcoin Plummets Under $69,000: Peter Brandt Names Only Trigger That Changes Bearish Outlook
Veteran trader Peter Brandt sets a key threshold to reverse his bearish bias for Bitcoin as the flagship cryptocurrency dips below $69,000.
Anthropic Files Confidentially for IPO
On June 1, AI startup Anthropic confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission for a potential initial public offering of common stock. The company did not disclose the size or price range.
edgeX Team Attributes Token Plunge to External Interference
Representatives of the decentralized exchange edgeX attributed the approximately 67% drop in the native token EDGE's value to "deliberate actions by an external party." We all know edgeX supply was being controlled by a few insiders with a low float. If you care about transparency at all you will name the counterparties / MM agreements which lead to these events. pic.twitter.com/qn2LvNPg2H— ZachXBT (@zachxbt) June 2, 2026 However, on-chain detective ZachXBT questioned the project's explanation, pointing to potential insider manipulation. He urged the team to disclose details of agreements with market makers and counterparties whose actions might have triggered the dump. On June 2, edgeX recorded a "sudden and irregular" price movement of the asset and initiated an investigation. According to CoinGecko, the EDGE price plummeted from $1.21 to $0.4 within a day. At the time of writing, the token is valued at $0.6576. Hourly chart of EDGE/USDT on OKX exchange. Source: TradingView. Project representatives emphasized that the protocol was not hacked. They blamed external participants for the incident, describing it as a "market integrity" issue. We want to share an update on the irregular EDGE price movement and address any concerns about platform security directly.The edgeX protocol were not compromised in any way. This was not a hack, exploit, or security breach.What we have identified so far suggests deliberate… https://t.co/BV4rTz7aa8— edgeX🦭 (@edgeX_exchange) June 2, 2026 The team promised to publish a detailed report after completing work with exchanges to identify those responsible. Developers also clarified that the address of the perpetrator is an official smart contract of the spot platform used solely for user deposits and withdrawals. The address: 0x7f861a7db997b4f6e5ef9954a3b5d5b29c463cb2 (https://t.co/aj00QsSwyR) is an official edgeX spot smart contract address used solely for user deposits and withdrawals on edgeX protocol. https://t.co/BV4rTz7aa8— edgeX🦭 (@edgeX_exchange) June 2, 2026 ZachXBT criticized edgeX's stance. According to him, the EDGE supply was controlled by a narrow group of insiders with an extremely low token float. “We investigated ourselves and did not find ourselves guilty even though we control nearly the entire supply” pic.twitter.com/78l9tT01WT— ZachXBT (@zachxbt) June 2, 2026 “We investigated ourselves and did not find ourselves guilty even though we control nearly the entire supply,” the researcher commented sarcastically. The EDGE issuance is 1 billion tokens. Currently, 350 million coins (~35%) are in circulation. The distribution allocates 30% to early users, 25% to the core team, and 30% to the fund reserve. edgeX ranks 17th among DEXs by daily trading volume, with a TVL of $134.54 million. Source: DefiLlama. Back in May, the SUPERFORTUNE project team reported a security incident in which an attacker withdrew about $15 million.
Coinidol.com: Bitcoin Price Continues Its Slide
The price of Bitcoin (BTC) has remained above the $72,000 support level since May 28.
Georgia targets illegal crypto mining after Mestia power surge
Georgia will install meters in Mestia after officials said illegal crypto mining drove 2025 power use to 133M kWh and caused $9.4M losses.
Liquidations Surpass $1B as Bitcoin (BTC) Tanks Below $68K
Naturally, almost all wrecked positions were longs.
Bitcoin Price Crashes to $67,000 Range, Down 13% in a Week Amid ETF Outflows and Market Fears
Bitcoin Magazine Bitcoin Price Crashes to $67,000 Range, Down 13% in a Week Amid ETF Outflows and Market Fears Bitcoin price fell below $68,000 amid a mix of symbolic selling by Strategy, heavy ETF outflows, renewed Mt. Gox activity, and rising geopolitical tension tied to Iran–U.S. developments. This post Bitcoin Price Crashes to $67,000 Range, Down 13% in a Week Amid ETF Outflows and Market Fears first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Backpack Securities Introduces Tokenized Equities on Solana Blockchain
Backpack Securities launches tokenized stock platform on Solana, connecting traditional equity ownership with blockchain trading via Sunrise partnership. The post Backpack Securities Introduces Tokenized Equities on Solana Blockchain appeared first on Blockonomi.
HP (HPQ) Stock Surges to 52-Week Peak Following NVIDIA RTX Spark PC Debut
HP (HPQ) stock climbed 8.9% to a 52-week high of $29.55 after unveiling NVIDIA RTX Spark PCs and reporting Q2 EPS of $0.86, surpassing expectations. The post HP (HPQ) Stock Surges to 52-Week Peak Following NVIDIA RTX Spark PC Debut appeared first on Blockonomi.
Charles Schwab Targets 2027 Crypto Trading and Custody Launch for Financial Advisors
Charles Schwab is preparing to offer crypto spot trading and custody services to financial advisors by mid-2027. The move would give advisory clients a regulated way to buy, sell, and hold digital assets through one of the largest U.S. brokerage platforms. Charles Schwab Prepares Regulated Crypto Access for Advisory Clients Charles Schwab is laying the […]
Arm Holdings (ARM) Stock Soars 14% Following Nvidia’s Arm-Powered Chip Reveal at Computex
Arm (ARM) stock jumped 14% after Nvidia announced two Arm-based chips at Computex, expanding royalty revenue streams across PCs and data centers. The post Arm Holdings (ARM) Stock Soars 14% Following Nvidia’s Arm-Powered Chip Reveal at Computex appeared first on Blockonomi.
Victoria’s Secret (VSXY) Shares Skyrocket 40% Following Stellar Q1 Results
Victoria's Secret (VSXY) shares jumped 40% after Q1 earnings doubled estimates at $0.60. Revenue increased 15% and the company upgraded full-year guidance. The post Victoria’s Secret (VSXY) Shares Skyrocket 40% Following Stellar Q1 Results appeared first on Blockonomi.
Seagate (STX) Stock Surges to Record High on AI Boom and Legal Settlement
Seagate (STX) stock soared to $941, driven by NVIDIA's RTX Spark chip, a $175M settlement, and analyst price targets reaching $1,150. Up 683% annually. The post Seagate (STX) Stock Surges to Record High on AI Boom and Legal Settlement appeared first on Blockonomi.
Mastercard (MA) Stock Plunges to 52-Week Low Amid Executive Reshuffle
Mastercard (MA) stock fell to a 52-week low of $480.27 amid executive changes and FCA investigation, despite reporting strong Q1 results with revenue of $8.4B. The post Mastercard (MA) Stock Plunges to 52-Week Low Amid Executive Reshuffle appeared first on Blockonomi.
Cardano price breaks down from major support, can bulls defend $0.20?
Cardano price has broken below a major multi-year support level as governance disputes, weak network activity, and a deteriorating macro backdrop pushed ADA to its lowest levels in years. According to data from crypto.news, Cardano (ADA) price was trading near…
Why Bitcoin ETFs are seeing record outflows
Bitcoin ETFs posted a record 9-day outflow streak as $2.8B left and IBIT lost $2B. Here’s why it happened and what it means for BTC.
Solana Takes Aim At Hyperliquid With Push For Fully Onchain Perps
Solana Foundation is moving to back teams building fully onchain perpetual futures, setting up a clear challenge to the market structure that has powered Hyperliquid’s rapid rise. The initiative targets one of crypto’s most lucrative trading segments: perps, where volume still sits largely on centralized exchanges or hybrid venues. Solana Vs. Hyperliquid The Foundation framed […]
Abivax (ABVX) Stock Plunges 32% Despite Breakthrough Trial Results
Abivax (ABVX) stock crashed 32% despite best-in-class Phase 3 results as rare cancer cases in trial participants triggered safety concerns and downgrades. The post Abivax (ABVX) Stock Plunges 32% Despite Breakthrough Trial Results appeared first on Blockonomi.
Microchip Technology (MCHP) Soars 14% on Data Center Growth Forecast
Microchip Technology (MCHP) stock rallied 14.5% after revealing its data center unit revenue hit $302.7M in 2025 with 65% growth expected in 2026. The post Microchip Technology (MCHP) Soars 14% on Data Center Growth Forecast appeared first on Blockonomi.
HIVE Bitcoin holdings fall as revenue jumps to record $298M
HIVE reported $297.8M FY2026 revenue as Bitcoin holdings fell to 150 BTC and AI computing revenue nearly doubled to $19.5M.
NY Lawsuit Served a 2011 Bitcoin Wallet — Owner Moves $2.54M to Prove It’s Not Abandoned
A bitcoin wallet, silent since March 27, 2011, moved 35.55 BTC worth approximately $2.54 million on June 2, 2026, not too long after being named as a defendant in a New York court case that claims nearly 3.8 million dormant bitcoins are legally abandoned property. The Move Noah Doe Likely Did Not Expect Galaxy Research […]
Bitcoin extends losses below $69K as Fed’s Hammack warns sticky inflation may force rate hike
Rising interest rates could dampen investment in cryptocurrencies, impacting market stability and investor confidence. The post Bitcoin extends losses below $69K as Fed’s Hammack warns sticky inflation may force rate hike appeared first on Crypto Briefing.
MoneyGram launches MGUSD stablecoin on Stellar network
MoneyGram launched MGUSD, a dollar stablecoin on Stellar, as the remittance company deepens its push into blockchain-based global payments.
Trader says XRP price setting ‘biggest bear trap’ after June monthly open
XRP trades below key macro support, but analysts say reclaiming it could trigger one of the biggest bear traps.
How high can NEAR price go in June?
NEAR has rebounded from a key historical support zone, reviving a bullish fractal that preceded 2,375% and 900% rallies in previous cycles.
Securitize Partners with TRON to Democratize Tokenized Private Credit Markets
Securitize launches Hamilton Lane's HLSCOPE private credit fund on TRON blockchain, marking its first tokenized asset on the network with 383M accounts. The post Securitize Partners with TRON to Democratize Tokenized Private Credit Markets appeared first on Blockonomi.
Gold Surges Past $4,528 Amid Mixed Signals on U.S.-Iran Peace Negotiations
Gold jumped to $4,528/oz on Tuesday as Trump suggested Iran deal possible 'within a week' while markets digest conflicting peace talk signals and falling oil. The post Gold Surges Past $4,528 Amid Mixed Signals on U.S.-Iran Peace Negotiations appeared first on Blockonomi.
Best Meme Coin to Buy 2026: Bitcoin Slides to $70,308 as $GRUNTLE Hits 85% of Round 7
U.S. spot Bitcoin ETFs shed $2.9 billion in capital outflows this week, triggering a market-wide correction that highlights the $GRUNTLE presale as a structured alternative for exhausted traders. As escalating geopolitical tensions push capital out of high-risk assets, the search for the best meme coin to buy 2026 shifts away from over-hyped tokens toward projects with clear mechanics [...] The post Best Meme Coin to Buy 2026: Bitcoin Slides to $70,308 as $GRUNTLE Hits 85% of Round 7 appeared first on Blockonomi.
Bitcoin (BTC) Plunges Below $69K: Here’s Why It Could Get Even Worse Soon
Numerous analysts believe that BTC has not yet reached its cycle bottom.
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.