Crypto

  • The Dark Times Are Here. Where Is Bitcoin?
    CoinDesk - 13:53 Jun 02, 2025
    Bitcoin was created for a moment like this. But so far it is missing its mark, says Paul Brody, head of blockchain at EY.
    Tags: Bitcoin
  • Top Solana Meme Coin Creator on Pump.fun Has Earned $93,000 in Three Weeks
    Decrypt - 13:32 Jun 02, 2025
    Solana meme coin creators have earned almost $3 million in total, with some communities using the funds in creative ways.
  • BNB Tests $660 Resistance as Price Forms Short-Term Bearish Pattern
    CoinDesk - 13:25 Jun 02, 2025
    Market momentum has been growing for BNB, with the BNB Smart Chain ecosystem showing significant growth.
  • How to use index funds and ETFs for passive crypto income
    Cointelegraph.com - 13:24 Jun 02, 2025
    Crypto index funds and ETFs can help you earn passive income by diversifying your holdings and minimizing active trading. Crypto index funds and ETFs provide diversified exposure to digital assets, helping investors earn passive income without actively managing portfolios. Centralized and decentralized options exist, with ETFs available on stock exchanges and DeFi-native index tokens accessible via Web3 wallets. Income sources include asset appreciation, staking, DeFi yields and covered call strategies, depending on the fund’s structure — though not all funds support all these sources. Read more
    Tags: ETFs
  • Polygon NFTs hit $2B sales milestone as network defies downturn
    Cointelegraph.com - 13:21 Jun 02, 2025
    Polygon’s NFT growth in 2025 is fueled by real-world asset marketplace Courtyard, which now rivals DraftKings in all-time sales. Polygon-based non-fungible tokens (NFTs) have surpassed the $2 billion milestone in all-time sales volume, marking a significant achievement for digital collectibles on the network.  The milestone comes amid consistent growth in monthly sales over the last several months, highlighting interest and adoption within Polygon’s NFT ecosystem. CryptoSlam data shows that since November 2024, monthly sales in Polygon have been on an upward trend.  The sales volume started from $16.3 million in November 2024 and increased each month, reaching nearly $20 million in December, $25 million in January 2025 and $37 million in February.  Read more
  • CoinDesk 20 Performance Update: Index Drops 2.6% as All Assets Trade Lower
    CoinDesk - 13:12 Jun 02, 2025
    Cardano (ADA) declined 5.9% and Aptos (APT) fell 5.6%, leading index lower.
  • Important Shiba Inu Indicator Drops to a 3-Month Low: How Will SHIB’s Price React?
    CryptoPotato - 13:11 Jun 02, 2025
    SHIB is already down by over 11% in the past week, will there be more price declines?
  • Bitcoin Price Analysis: BTC in Danger of Prolonged Correction After Recent Rejection
    CryptoPotato - 12:39 Jun 02, 2025
    Bitcoin recently tapped into the $111K zone, sweeping buy-side liquidity before showing signs of rejection. As the market pauses after a strong rally, technical and on-chain indicators suggest a potential pullback or consolidation phase, with traders now eyeing key levels for the next move. Technical Analysis By ShayanMarkets The Daily Chart BTC experienced a notable […]
  • Thesaurum Introduces Innovative Blockchain Environment for Changing Diamond Investment
    CryptoPotato - 12:20 Jun 02, 2025
    [PRESS RELEASE – Panama City, Republic of Panama, June 2nd, 2025] Diamonds have represented wealth, luxury, and long-lasting value for years. But while they have held great appeal, the fact is that the majority of diamond investments were not easily accessible to a common person. High costs of entry, unclear pricing methods, along with the […]
  • Strategy ends May with $75M Bitcoin buy as price tumbles to $103K
    Cointelegraph.com - 12:07 Jun 02, 2025
    Michael Saylor’s Strategy continued stacking Bitcoin in the last week of May, buying $75.1 million worth of BTC. Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, revealed its latest BTC purchases after the price briefly dropped to $103,000 last week. Strategy acquired 705 Bitcoin for $75.1 million between May 26 and 30, the company announced on June 2. The latest purchases were made at an average price of $106,495 per coin, with Bitcoin dropping from $110,000 last Monday to an intraweek low of $103,400 by the weekend. Read more
  • Swan Chain Delivers 100,000 GPU Compute Hours to Nebula Block
    Messari.io - 12:00 Jun 02, 2025
    Swan Chain is uniquely positioned at the intersection of decentralized blockchain technology and AI infrastructure, providing a robust platform for comprehensive AI development. Strategic partnerships have validated its decentralized computing model, effectively reducing AI deployment costs and increasing resource efficiency. The collaboration with Nebula Block, securing over 100,000 GPU compute hours through Swan’s AI compute marketplace, exemplifies the platform's ability to deliver substantial cost savings. Through Mission 3.0, Swan Chain advanced community engagement, enabling richer, analytics-driven interactions. With ongoing infrastructure expansions, such as the CDN layer, Swan Chain is well-positioned to maintain its momentum in decentralized AI innovation, addressing emerging needs with agility and strategic foresight.
  • Crypto Venture Weekly: May 26-31, 2025
    Messari.io - 11:30 Jun 02, 2025
    25 projects raised $109M last week, led by Conduit ($36M), Beam ($7M), and Donut ($7M), while Blockchain Builders and Metalayer each launched early-stage funds focused on the intersection of crypto and AI, and on financial infrastructure. Rob Hadick spotlighted stablecoins’ B2B adoption surge, Wei Dai introduced a design constraint framework for onchain privacy, and Simon Kim cautioned against frothy NAV premiums in crypto treasury stocks. Here’s your breakdown of the week’s top deals and insights.
  • Singapore Financial Watchdog to Ban Overseas Crypto Services Without License
    Decrypt - 11:27 Jun 02, 2025
    Singapore's financial authority has set a June 30 deadline for crypto firms operating overseas to obtain a license or shut down.
  • Binance co-founder CZ proposes dark pool DEXs to tackle manipulation
    Cointelegraph.com - 10:50 Jun 02, 2025
    Binance co-founder Changpeng “CZ” Zhao proposed launching a dark pool perpetual DEX to protect large traders from front-running and MEV attacks. Update (June 2 at 3:33 pm UTC): This article has been updated to incorporate comments from Li.Fi’s Philipp Zentner and StealthEX’s Maria Carola. Binance co-founder Changpeng “CZ” Zhao proposed creating a dark pool perpetual swap decentralized exchange (DEX) to prevent market manipulation. In a June 1 X post, Zhao said that he has “always been puzzled with the fact that everyone can see your orders in real-time on a DEX.” Read more
    Tags: Binance
  • XRP price risks a 20% crash to $1.70 — Here is why
    Cointelegraph.com - 09:54 Jun 02, 2025
    XRP ledger activity has dropped sharply in the past two months, increasing the downside prospects for XRP price to drop toward $1.70. Key takeaways: XRP forms an inverted V-shaped correction pattern on the daily chart, risking a 20% drop to $1.70. A bearish divergence from the weekly RSI points to increasing downward momentum. Read more
  • Crypto funds post $286M inflows as Ether tops buying: CoinShares
    Cointelegraph.com - 09:12 Jun 02, 2025
    Ether led last week’s $286 million of net inflows to crypto ETPs, while Bitcoin investment products saw outflows of $8 million, CoinShares reported. Cryptocurrency investment products maintained their multi-week inflow streak last week despite significant selling pressure stemming from Bitcoin’s drop to $103,000. Global crypto exchange-traded products (ETPs) recorded $286 million of inflows in the week ending May 30, bringing a seven-week run of inflows to $10.9 billion, CoinShares reported on June 2. Despite the inflows, total assets under management (AUM) declined from the all-time high of $187 billion to $177 billion by the weekend amid market volatility triggered by uncertainty over US tariffs, said CoinShares’ head of research, James Butterfill. Read more
  • Singapore orders local crypto firms to cease overseas activity by June 30
    Cointelegraph.com - 09:06 Jun 02, 2025
    Singapore’s central bank has set a June 30 deadline for local crypto firms targeting overseas markets to halt operations or face steep penalties, including fines of almost $200,000. Singapore’s central bank has set a deadline of June 30 for local crypto service providers to stop offering digital token (DT) services to overseas markets. The directive came from the Monetary Authority of Singapore’s (MAS) response to industry feedback on its proposed regulatory framework for Digital Token Service Providers (DSTPs) under its Financial Services and Markets Act of 2022 (FSM Act).  MAS stated that no transitional arrangements will be made for local DTSPs providing services abroad. It said that any Singapore-incorporated company, individual or partnership that provides DT services outside Singapore must either cease operations or obtain a license when the DTSP provisions come into force by the end of June.  Read more
  • BitoPro confirms $11.5M exploit, says withdrawals unaffected
    Cointelegraph.com - 09:01 Jun 02, 2025
    Taiwan-based exchange BitoPro confirmed an $11.5 million crypto exploit weeks after the breach, saying user funds and withdrawals were unaffected. Update June 2, 12:26 pm UTC: This article has been updated to include quotes from Hacken analysts. Taiwan-based cryptocurrency exchange BitoPro confirmed a security breach that led to the loss of more than $11.5 million in digital assets from its hot wallets on May 8. The suspicious transactions, which occurred across hot wallets on Ethereum, Tron, Solana and Polygon, saw asset outflows to decentralized exchanges (DEXs) where they were later marked as sold, according to onchain investigator ZachXBT. Read more
    Tags: BitoPro
  • $100K retest vs highest monthly close ever: 5 things to know in Bitcoin this week
    Cointelegraph.com - 08:42 Jun 02, 2025
    Bitcoin price expectations are back in flux as a record monthly candle close contrasts with worries over a retest of lower support levels next. Bitcoin (BTC) starts June with BTC price action in a dangerous place. Can buyers preserve key bull market support levels? Bitcoin traders are gearing up for fresh volatility as the highest-ever monthly close contrasts with increasing bets of a $100,000 retest. Labor market weakness and Fed policy are back under the microscope as inflation diverges from interest rates. Read more
    Tags: Bitcoin