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A Federal Reserve official said holding interest rates steady is reasonable for now, while warning that inflation pressures could persist. Markets remain uncertain about the Fed's policy path. Beth Hammack said keeping rates at current levels is "rea
Israeli Prime Minister Benjamin Netanyahu made fresh hard-line remarks on Iran, saying its regime would eventually collapse. The comments come as uncertainty persists over a ceasefire between the US and Iran, while tensions between Israel and Iran ri
Bitcoin fell below $70,000, adding to concerns that leverage in the derivatives market is becoming stretched. Spot demand has weakened even as futures open interest has climbed to elevated levels, increasing the risk of further liquidations. CoinDesk
BitMine Chairman Tom Lee said Strategy’s recent Bitcoin sale and outflows from spot Bitcoin exchange-traded funds are typical of market bottoms rather than a sign of structural risk. Despite mounting market anxiety, the company’s long-term holding st
Bitcoin has fallen into the $69,000 range, but losses among long-term holders remain short of levels seen at prior cycle bottoms, Glassnode said. The on-chain analytics firm said market stress is building, though it is still far from the extreme pain
Cryptocurrencies are being left out of the rally in U.S. stocks, with the market failing to attract a clear new class of buyers even as equities keep advancing on optimism over artificial-intelligence earnings, crypto market maker Wintermute said in
Strategy’s sale of Bitcoin was less a retreat from its buy-and-hold strategy than a signal to preferred shareholders and credit-rating firms, Forbes reported. The sale was negligible relative to the company’s total holdings, but it showed Strategy co
France-listed bitcoin treasury company Capital B is seeking shareholder approval for a major fundraising mandate to finance additional bitcoin purchases. The move comes as some treasury firms scale back their holding strategies during bitcoin’s downt
More Bitcoin has moved from wallets linked to Mt. Gox. A portion was then sent in a test transfer to an exchange, renewing attention on whether the activity is tied to creditor repayments. Odaily, a digital-asset news outlet, reported on June 2 that
U.S. spot Bitcoin exchange-traded funds continue to post net outflows, according to on-chain analytics firm Glassnode. The slowdown in spot ETF demand coincided with Bitcoin retreating from $82,000 to about $69,000, it said. Glassnode wrote on X on J
Bitcoin fell below $70,000, stoking concern about a deeper correction. Selling by Strategy, formerly MicroStrategy, and outflows from spot Bitcoin exchange-traded funds have added to downside pressure, Forbes reported. Forbes said on June 2 that Bitc
AYC, a South Korean AI trading technology company, said June 2 that it ranked first in the AI category of an artificial intelligence trading competition hosted by global crypto derivatives exchange Bybit. The company posted a 14.82% profit-and-loss r
Galaxy Digital has launched an over-the-counter derivatives trading desk tied to prediction markets, targeting institutional demand for hedges against political and economic events. Bloomberg reported on June 2 that Galaxy Derivatives, the firm's swa
MoneyGram has entered the dollar-pegged stablecoin market, seeking to integrate its own token into its payments network as demand grows for cross-border remittances and digital dollar payments. CoinDesk reported on June 2 that MoneyGram launched MGUS
A large Bitcoin transfer has been detected from a wallet linked to Mt. Gox. Bitcoin holdings on major exchanges also rose over the same period, heightening concern about potential selling pressure in the market. Amr Taha, a CryptoQuant QuickTake cont
NEAR Protocol said it plans to introduce post-quantum cryptography to address potential threats from quantum computing, a move aimed at bolstering the blockchain network’s long-term security. On June 2, NEAR Protocol co-founder Illia Polosukhin wrote
South Korea’s Financial Intelligence Unit will hold additional talks this month with the country’s major virtual-asset exchanges on proposed revisions to the enforcement decree of the Special Financial Transactions Act. The FIU plans to meet this mon
Large Bitcoin transactions surged as the token fell toward $70,000, with on-chain data pointing to possible accumulation by whale investors. Santiment said on X on June 2 that transactions worth more than $100,000 jumped as Bitcoin dropped to $70,011
South Korea’s Financial Security Institute is launching a training program to cultivate specialists in digital-asset security. The initiative comes as discussions continue on institutionalizing token securities, or STOs, and stablecoins, and as the f
International oil prices fell more than 2% during the session, surrendering part of the previous day’s rally fueled by tensions in the Strait of Hormuz. The retreat reflects short-term profit-taking and heightened volatility. Odaily, a media outlet f
Blockchain security firm PeckShield flagged a security incident involving TesseraDAO-related token TSR. The attacker minted a large batch of TSR, sold the tokens and moved the stolen funds to Ethereum for laundering. In a post on X on June 2, PeckShi
Ripple is expanding its dollar-pegged stablecoin RLUSD into Turkey as it seeks to provide local institutional investors with access to corporate dollar liquidity. Cointelegraph reported on June 2 via X, formerly known as Twitter, that Ripple will exp
Bitcoin briefly fell below $70,000. As of 4 p.m. on June 2, Bitcoin was trading at $70,077 on Binance's USDT market, down 4.17% from a day earlier. On Upbit, it was trading at 102.46 million won. Cryprice data showed the so-called kimchi premium for
Bitcoin miner IREN has secured $3.65 billion in financing for GPU purchases as it expands its artificial intelligence cloud business. Cointelegraph, a cryptocurrency-focused media outlet, reported in a post on X on June 1 that IREN had completed the
WTI crude futures surged in intraday trading as escalating tensions in the Middle East around the Strait of Hormuz stoked concerns over potential energy supply disruptions. BlockBeats, a crypto-focused media outlet, reported on June 1 that West Texas
Binance, the global cryptocurrency exchange, will launch perpetual futures contracts tied to traditional finance assets. According to a Binance notice issued June 1, trading in the SKHYNIXUSDT perpetual contract will begin at 12 p.m. Korea time on Ju
The Zcash Foundation has released an emergency update for its Zebra node software to fix a security flaw that could trigger a consensus split. It urged all node operators to upgrade immediately. Crypto-focused media outlet Odaily reported on June 1 t
The Israeli military ordered residents of Beirut’s southern suburbs to evacuate, signaling renewed tension on the Lebanese front as clashes between Israel and Hezbollah escalate. Walter Bloomberg, an overseas markets news account, posted on X on June
US manufacturing expanded for a fifth straight month in May. Stronger new orders and production pushed the Institute for Supply Management's manufacturing purchasing managers index above market expectations. Still, the Iran war, tariffs and price vol
S&P Global’s manufacturing Purchasing Managers’ Index came in slightly below market expectations in May. The gauge remained in expansion territory, but tariffs and uncertainty tied to the Iran war are clouding the sector’s outlook. Investing.com repo