Crypto

HYPE has entered the breakout stage of its prevailing bull pennant setup with an upside target near $105, with strong fundamentals backing the bullish case. Hyperliquid’s native token, HYPE, has rallied more than 30% in five days to a record high near $74, with a bullish chart breakout now pointing to a potential move above $100. HYPE/USD daily chart. Source: TradingView Read more

Binance opened equities trading and previewed "bStocks," with experts split over whether tokenization unlocks growth or layers on new risk.

Strategy sold just a very tiny fraction of its entire BTC stash and remains fully commited to its treasury policy.

Strategy made its first BTC sale since 2022 as Bitcoin ETFs shed billions over the last two weeks, nudging the price down even lower.

The Kelp DAO exploiter laundered about $220 million worth of remaining stolen funds in a bid to make them untraceable, excluding the $71 million frozen by Arbitrum’s Security Council. The hacker behind the $293 million Kelp DAO exploit has laundered nearly all of the unfrozen stolen funds, or about $220 million, in just six weeks, according to Arkham data and onchain analysts. The Kelp DAO hacker-tagged wallet appears to have laundered nearly all the stolen funds, with just $1.7 million remaining traceable in the wallet, according to blockchain data provider Arkham. The malicious actor drained 116,500 Kelp DAO restaked ETH (rsETH) on April 18, pushing the total amount stolen from crypto hacks to $630 million for April. The funds were laundered in two layers: bridging to Bitcoin using crypto mixer Wasabi and then returning to Ethereum before withdrawing and depositing via mixing protocol Tornado Cash, according to onchain analyst Specter. Read more

A memecoin trader turned a $2,480 bet into more than $12 million, creating one of the sector’s rare breakout winners at a time when the broader memecoin market is collapsing. On-chain analyst Ember CN reported June 1 that the trader bought Binance Life, also known as BianRensheng, within half an hour of its deployment and […] The post Trader turns $2,480 into $12 million after holding Binance memecoin for 8 months appeared first on CryptoSlate.

Kalshi got the formal approval, but it's Hyperliquid that caught the most buzz with a massive move over the weekend.

Bitcoin Drops to $71,500 as Strikes Spark $400M+ Liquidations The post Bitcoin Slumps to $71,500 as Geopolitical Tensions Trigger $400M+ in Liquidations appeared first on Cryptonews.

The world's largest public Bitcoin holder reduced its stash to 843,706 BTC, while raising $128.3 million through Class A stock sales. [Update 1:57 P.M. UTC, June 1 -- Updates third paragraph with share price decline in Monday morning trading.] Strategy sold 32 BTC last week, its first reported Bitcoin sale since a 2022 tax-loss transaction, as the company moved to fund preferred stock distributions. Strategy sold 32 Bitcoin (BTC) for $2.5 million at an average price of $77,135 per BTC, reducing its holdings from 843,738 BTC to 843,706 BTC, according to a Monday 8-K filing with the US Securities and Exchange Commission. Read more

Japan's ruling Liberal Democratic Party said the country should create a legal framework for trading crypto ETFs in a proposal to the finance minister.

Bitcoin remains under bearish pressure after a recent consolidation around the 100-day MA of $73K. The asset has now slightly broken below the MA. Upcoming price action will determine whether the recent pullback evolves into a leg deeper or forms a base for recovery. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, BTC […]

Ethereum Dominance Slumps as ETF Sell-the-News Phase Deepens The post Ethereum ETFs Bled $708m in 14 Straight Days as XRP and Solana Gained appeared first on Cryptonews.

Gnosis Pay faces an active exploit in its delay module as co‑founder Martin Köppelmann walks back a warning urging users to withdraw funds and vows to repay those affected. Gnosis is working to contain an exploit Monday affecting its Gnosis Pay product after co-founder Martin Köppelmann acknowledged an active hack involving the system’s delay module and said the project would cover user losses. Köppelmann initially urged users to withdraw funds, a warning quickly amplified by blockchain security firm PeckShield, which said users were strongly advised to withdraw all funds (EURe and GNO) and check exposure. The Gnosis co-founder later withdrew that advice, however, and deleted the initial tweet, saying that most users would not be able to withdraw their funds. He reiterated that the Gnosis team is “actively working to contain the damage” and will make users whole. Read more

Binance Coin (BNB), up 7.9%, was also a top performer.

The Ethereum treasury firm cut weekly purchases by more than 75% after the previous week's 112,000 ETH buying spree.

MEXC, a leading 0-fee cross-asset trading platform, today announced the official launch of 'RealStocks.' Mutsamudu, Comoros, June 1, 2026 – MEXC, a leading 0-fee cross-asset trading platform, today announced the official launch of 'RealStocks.' This innovative equity product is now accessible to eligible users globally. The product seamlessly integrates real ownership rights of traditional financial assets with the low-friction experience of a crypto platform, further expanding MEXC's 0-fee cross-asset trading ecosystem. For a long time, investors looking to enter the U.S. stock market were limited to two less-than-ideal options. The first was trading through traditional brokerages, which requires enduring tedious currency exchange and deposit processes. The second was trading synthetic assets or tokenized products on crypto platforms, which often comes with drawbacks like poor liquidity and a lack of dividend payouts. The launch of 'RealStocks' breaks this deadlock, seamlessly bridging the gap between both w...

Last week, an institutional investor executed the largest single off-exchange trade in the history of US spot Bitcoin exchange-traded funds, offloading a $1.26 billion position in BlackRock’s iShares Bitcoin Trust (IBIT). While the transaction has sparked intense debate on Wall Street, an analysis from NYDIG suggests the sale was a targeted, urgent retreat by a […] The post A mystery whale paid $30 million to exit BlackRock Bitcoin ETF before the market fell appeared first on CryptoSlate.

Crypto markets continue to struggle even as risk markets across the globe surge higher.

Bitcoin tumbled to $72,000 Monday as news of the BTC treasury firm's about-face on its "never sell" stance broke.

The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock.