Industry News

  • Bitcoin Sinks to $66,346 as $1.35B in Long Liquidations Accelerate Market Selloff02 Jun 2026 19:56BTC chart on June 2, 2026.Bitcoin experienced a sharp decline in early June 2026, tumbling more than 6% in 24 hours to an intraday low of $66,948. Market Cap and Liquidation Crunch Bitcoin’s poor start to June continued as the cryptocurrency tumbled below $67,000, hitting another multi-week low. The daily chart shows bitcoin steadily declining from just over $71,500 late […]
  • Coinbase Bets on Proshares ETF as Stablecoin Reserve Standards Evolve02 Jun 2026 19:10Coinbase Bets on ProShares ETF as Stablecoin Reserve Standards EvolveCoinbase 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 […]
  • Altcoin Season Index at 49 — Traders Need Bitcoin Dominance Below 55% to Trigger Rotation02 Jun 2026 18:37Altcoin Season Index via Blockchain CenterBitcoin’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 ( […]
  • Cryptoquant: The Onchain Line Behind Every Bitcoin Bottom Sits Near 40%, Short of ‘Maximum Opportunity’02 Jun 2026 17:52Cryptoquant logo amidst a purple backdrop.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 […]
  • SEC Lists Crypto Rules First in New Regulatory Priorities02 Jun 2026 17:11SEC Lists Crypto Rules First in New Regulatory PrioritiesThe 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 […]
  • Moonpay Connects Institutions to Franklin Templeton’s Tokenized Funds in New Onchain Push02 Jun 2026 16:48Franklin Templeton building; close-up of sign on the street.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 […]
  • ‘The Jury Got It Wrong’: Citron’s Andrew Left Convicted of Securities Fraud02 Jun 2026 16:12Andrew Left of Citron Research appearing on CNBC.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 […]
  • Strive Buys 2,500 Bitcoin, Holdings Reach 19K BTC as $4.2B Funding Plan Advances02 Jun 2026 15:41Strive Buys 2,500 Bitcoin, Holdings Reach 19K BTC as $4.2B Funding Plan AdvancesStrive 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) […]
  • 86% Long Liquidation Wave Exposes Bitcoin’s Breakdown Below $68K as ETF Pressure Builds02 Jun 2026 15:15Bitcoin chart on Tuesday June 2, 2026. 1-hour interval.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 […]
  • Charles Schwab Targets 2027 Crypto Trading and Custody Launch for Financial Advisors02 Jun 2026 14:40Charles SchwabCharles 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 […]