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blockonomi.com Gold Overtakes US Treasuries as Top Central Bank Reserve Asset, ECB Reveals

TLDR Gold accounted for 27% of global central bank reserves at the end of 2025. US Treasuries fell to 22% of total official reserves, according to the ECB report. The ECB linked the shift mainly to gold’s sharp price rally in 2024 and 2025. Sanctions risk and geopolitical tensions pushed central banks to reassess reserve [...] The post Gold Overtakes US Treasuries as Top Central Bank Reserve Asset, ECB Reveals appeared first on Blockonomi.

news.bitcoin.com Coinbase Bets on Proshares ETF as Stablecoin Reserve Standards Evolve

Coinbase invested in Proshares’ GENIUS Money Market ETF as stablecoin reserve standards evolve. The fund uses short-term U.S. Treasurys, cash, and cash equivalents, giving issuers another compliance-focused option for backing payment stablecoins. Coinbase’s IQMM Investment Points to a New Reserve Era for Stablecoins Crypto exchange Coinbase Global Inc. (Nasdaq: COIN) announced on June 2 that […]

blockonomi.com AI Stocks Explode: Hewlett Packard Enterprise (HPE) Rockets 25%, Marvell Technology (MRVL) Jumps 30%

Hewlett Packard Enterprise (HPE) surged 25% on earnings beat while Marvell Technology (MRVL) jumped 30% after Nvidia CEO's bullish comments on AI growth. The post AI Stocks Explode: Hewlett Packard Enterprise (HPE) Rockets 25%, Marvell Technology (MRVL) Jumps 30% appeared first on Blockonomi.

blockonomi.com BitGo Bank & Trust and Concrete Partner to Offer Institutional DeFi Access in Qualified Custody

TLDR: BitGo Bank & Trust is OCC-chartered, providing the regulated custodial layer for the new institutional DeFi platform. Concrete’s vault architecture uses synthetic asset representations to reduce bridge risk in onchain strategies. Institutions can access vetted onchain vault strategies without moving assets out of qualified custody. Both firms plan to expand the platform to support [...] The post BitGo Bank & Trust and Concrete Partner to Offer Institutional DeFi Access in Qualified Custody appeared first on Blockonomi.

blockonomi.com Microsoft Rolls Out MAI-Code-1 to Challenge AI Coding Rivals

TLDR Microsoft launched MAI-Code-1 to generate source code from written prompts. MAI-Code-1 is available through GitHub Copilot and Visual Studio Code. Microsoft introduced MAI-Thinking-1 as a reasoning model focused on lower token costs. MAI-Thinking-1 is available in private preview through Microsoft Foundry. Microsoft is building more in-house AI models while still partnering with OpenAI and [...] The post Microsoft Rolls Out MAI-Code-1 to Challenge AI Coding Rivals appeared first on Blockonomi.

blockonomi.com Gold Overtakes US Treasuries as Top Central Bank Reserve Asset, ECB Reveals

TLDR Gold accounted for 27% of global central bank reserves at the end of 2025. US Treasuries fell to 22% of total official reserves, according to the ECB report. The ECB linked the shift mainly to gold’s sharp price rally in 2024 and 2025. Sanctions risk and geopolitical tensions pushed central banks to reassess reserve [...] The post Gold Overtakes US Treasuries as Top Central Bank Reserve Asset, ECB Reveals appeared first on Blockonomi.

news.bitcoin.com 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 ( […]

bitcoinist.com 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 […]

bitcoinmagazine.com 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.

blockonomi.com 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.

news.bitcoin.com 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 […]

cryptobriefing.com 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.

bitcoinmagazine.com 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.

blockonomi.com 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.

blockmanity.com 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.

blockonomi.com 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.

bitcoinist.com 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 […]

blockonomi.com 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.

news.bitcoin.com 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 […]

blockonomi.com 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.

bitcoinist.com 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 […]

themerkle.com 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.

btcmanager.com 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.…

news.bitcoin.com 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 […]

news.bitcoin.com ‘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 […]

news.bitcoin.com 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) […]

bitcoinist.com 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 […]

news.bitcoin.com 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 […]

forklog.media 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.

bitcoinmagazine.com 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.

news.bitcoin.com 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 […]

bitcoinist.com 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 […]

news.bitcoin.com 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 […]