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Found 10200 news

  • Bitcoin falls to 2-month low as divergence from equities widens
    Cointelegraph.com - 06:11 Jun 02, 2026
    Bitcoin falls to 2-month low as divergence from equities widensSantiment says that “the gap between traditional equities and crypto has become increasingly difficult for traders to ignore.” Bitcoin fell to its lowest level in almost two months on Tuesday as cryptocurrencies continue to diverge from traditional equity markets. Bitcoin (BTC) fell to a low of $70,023 on Coinbase early on Tuesday, its lowest level since April 7, marking a daily decline of more than 4% and a weekly loss of 8%, according to TradingView. Bitcoin is down 44% from its October peak of $126,000.  US stock markets such as the S&P 500 have meanwhile hit a record high of just over 7,600 points on Monday, while the tech-heavy Nasdaq peaked at over 27,000 points. Read more
    Tags: Bitcoin
  • Grayscale HYPE ETF ‘likely imminent’ as new update shows competitive fee: Analyst
    Cointelegraph.com - 05:48 Jun 02, 2026
    Grayscale HYPE ETF ‘likely imminent’ as new update shows competitive fee: Analyst Grayscale proposed a fee of 0.29% on its Hyperliquid ETF, which “slightly undercuts” rivals 21Shares and Bitwise that carry respective fees of 0.3% and 0.34%, says analyst James Seyffart. Crypto asset manager Grayscale could launch its exchange-traded fund tied to the Hyperliquid token in the US as soon as this week after it amended a regulatory filing for the fund, an analyst says.  Bloomberg ETF analyst James Seyffart posted to X on Monday that the launch of Grayscale’s ETF was “likely imminent” and was “expecting the launch this week” after the company amended the fund’s filing for the sixth time to add its ticker and fee. Grayscale’s amended filing added that the ETF would trade under the ticker HYPG with a 0.29% management fee, which Seyffart noted “slightly undercuts” rival Hyperliquid (HYPE) ETFs from 21Shares and Bitwise that launched in mid-May. Read more
  • TON jumps 15% as The Open Network plans rebrand to Gram
    Cointelegraph.com - 04:53 Jun 02, 2026
    TON jumps 15% as The Open Network plans rebrand to GramTelegram founder Pavel Durov says it is “returning to our roots — and starting a new chapter” by rebranding Toncoin to Gram. The Open Network says it is planning to rebrand its Toncoin (TON) token to Gram (GRAM), the original name of the network’s cryptocurrency in its first white paper. “Gram was the original name of TON’s currency in the first white paper,” Telegram and TON founder Pavel Durov posted to Telegram on Monday. “We’re returning to our roots — and starting a new chapter.” The rebranding will “pave the way for what comes next,” and the transition will take around three weeks, he added.  Read more
  • Bitcoin bulls eye fresh positions after BTC price drops under $71K
    Cointelegraph.com - 22:54 Jun 01, 2026
    Bitcoin bulls eye fresh positions after BTC price drops under $71KSelling from all angles pushed Bitcoin below $71,000 at the weekly open, but early bullish positioning in BTC derivatives may signal the start of a recovery. Key takeaways: Bitcoin (BTC) dropped below $71,000 on Monday for the first time in seven weeks, liquidating $276 million in leveraged bullish positions as traders reduced their positions amid renewed military action between the US and Iran. Despite this heightened risk aversion, whales and market makers increased their bullish exposure in the Bitcoin derivatives markets. Read more
    Tags: Bitcoin
  • Dogecoin gains Paxos support in push for broader institutional adoption
    Cointelegraph.com - 21:51 Jun 01, 2026
    Dogecoin gains Paxos support in push for broader institutional adoptionThe integration gives fintech and institutional platforms a new pathway to evaluate DOGE amid signs of slowing crypto adoption. The Dogecoin Foundation’s corporate arm has partnered with Paxos to integrate DOGE across its brokerage and custody infrastructure, potentially expanding access to the memecoin through regulated financial channels. According to a Monday announcement, Dogecoin (DOGE) will become available through Paxos’ brokerage and custody platform, allowing the company’s fintech, payments and institutional clients to evaluate support for the memecoin. Paxos provides crypto infrastructure for several major fintech and brokerage platforms, including PayPal, Venmo, Interactive Brokers and Mercado Libre.  Read more
  • Debate on CLARITY Act continues this week as US Senate returns
    Cointelegraph.com - 21:40 Jun 01, 2026
    Debate on CLARITY Act continues this week as US Senate returnsMany Democratic lawmakers have said that they will not support any version of a crypto market structure bill without provisions on ethics to address potential conflicts of interest by elected officials. US Senate consideration of the Digital Asset Clarity (CLARITY) Act is likely to resume as members reconvene this week after an extended Memorial Day holiday. Many US lawmakers and crypto industry leaders are pushing for consideration of the CLARITY Act, a crypto market structure bill introduced by Republicans and passed by the House of Representatives in July 2025. The bill, expected to give more authority to the federal commodities regulator over digital assets, passed two crucial committees before the one-week break. It has been debated in Congress amid pushback from industry and banking representatives over stablecoins, tokenized equities and other issues. Read more
  • Bitcoin volatility is down 56% but analysts still expect up to 20% BTC price move
    Cointelegraph.com - 20:34 Jun 01, 2026
    Bitcoin volatility is down 56% but analysts still expect up to 20% BTC price moveBitcoin’s sharp volatility decline coincides with a 114-day trading range, setting the stage for a potential 10% to 20% price move, but the direction remains uncertain. Bitcoin's realized volatility has fallen to 17.2%, one of its lowest levels in recent months. Multiple Bitcoin analysts have said that long periods of price compression, alongside declining volatility, have historically preceded double-digit rallies.  Bitcoin researcher Axel Adler Jr. said that BTC’s one-week realized volatility, smoothed over a 30-day period, has fallen to 17.2% from 39% this quarter, a 56% decline. Read more
    Tags: Bitcoin
  • Japan’s ruling party pushes crypto ETFs, yen-denominated stablecoins
    Cointelegraph.com - 18:33 Jun 01, 2026
    Japan’s ruling party pushes crypto ETFs, yen-denominated stablecoinsThe Parliamentary Association for the Promotion of Blockchain delivered recommendations to Japan’s finance minister on crypto and blockchain. A group of lawmakers within Japan’s Liberal Democratic Party (LDP) are seeking reforms to the country's cryptocurrency taxation system, as well as support for initiatives for the development and adoption of yen-denominated stablecoins. According to a Monday Nada News report, the LDP’s Parliamentary Association for the Promotion of Blockchain delivered recommendations to Finance Minister Satsuki Katayama, including provisions on stablecoins, exchange-traded funds (ETFs), central bank digital currencies (CBDCs), and applications for blockchain technology. The document proposes doubling the leverage cap for retail cryptocurrency derivatives trading and establishing a framework for ETFs tied to digital assets. Read more
  • Strategy's BTC sale turns Bitcoin treasury into market stress test
    Cointelegraph.com - 18:25 Jun 01, 2026
    Strategy's BTC sale turns Bitcoin treasury into market stress testStrategy’s 32 BTC transaction has sparked debate over how investors value Bitcoin treasury companies as capital structure and liquidity considerations evolve. Shares of Michael Saylor’s Strategy fell Monday after the company disclosed its first Bitcoin sale since adopting a “never sell” philosophy, prompting fresh scrutiny of the corporate Bitcoin treasury model. Nasdaq-traded MSTR stock was down more than 6.5% to start off the week before paring back some of that decline by early afternoon on Monday. Although short-term price action rarely determines broader trends, Strategy’s sale of 32 Bitcoin (BTC) last week challenged the long-held perception that the company would only accumulate BTC and never liquidate its holdings, according to digital asset research and advisory firm Delphi Digital. Read more
  • Are Ethereum OGs jumping ship? Here's what the data says
    Cointelegraph.com - 15:44 Jun 01, 2026
    Are Ethereum OGs jumping ship? Here's what the data saysLong-term whales have cashed out millions of dollars from Ethereum following the recent sell-off, potentially putting ETH at risk of further losses. An early Ether (ETH) investor sold their ETH holdings over the past week as the price headed toward $2,000, sparking fears of further losses. However, onchain data tells a different story as traders speculate where ETH/USD might bottom. Key takeaways: An old Ethereum whale, an early investor holding tokens since the network’s first years, sold 55,000 ETH worth about $112.25 million and 9,442 ETH worth roughly $24 million over the past week.  Read more
  • Hyperliquid's HYPE breakout puts $100 price target in play
    Cointelegraph.com - 14:42 Jun 01, 2026
    Hyperliquid's HYPE breakout puts $100 price target in playHYPE 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
  • Recovery hopes fade as Kelp DAO hacker launders nearly all $220M in stolen funds
    Cointelegraph.com - 14:09 Jun 01, 2026
    Recovery hopes fade as Kelp DAO hacker launders nearly all $220M in stolen fundsThe 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
  • Strategy sells 32 BTC in first Bitcoin sale since 2022; Stock falls on open
    Cointelegraph.com - 13:50 Jun 01, 2026
    Strategy sells 32 BTC in first Bitcoin sale since 2022; Stock falls on openThe 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
  • Gnosis Pay exploit hits delay module as team pledges refunds
    Cointelegraph.com - 13:20 Jun 01, 2026
    Gnosis Pay exploit hits delay module as team pledges refundsGnosis 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
    Tags: Gnosis
  • Crypto meets Wall Street: MEXC unveils 'RealStocks' with 0-fee U.S. equity trading and real dividends
    Cointelegraph.com - 12:40 Jun 01, 2026
    Crypto meets Wall Street: MEXC unveils 'RealStocks' with 0-fee U.S. equity trading and real dividendsMEXC, 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...
  • Bitcoin ETPs post largest 2026 outflow as crypto funds bleed $1.67B
    Cointelegraph.com - 11:50 Jun 01, 2026
    Bitcoin ETPs post largest 2026 outflow as crypto funds bleed $1.67BCrypto ETPs see $1.67 billion in outflows as the US dominates selling, Bitcoin funds log a record 2026 exit, and altcoin participation narrows sharply across markets, according to CoinShares. Crypto investment products extended losses to three straight weeks last week amid ongoing selling pressure in markets and limited institutional demand. Crypto exchange-traded products (ETPs) recorded $1.67 billion in outflows last week, the second-largest weekly withdrawal of 2026, CoinShares reported on Monday. The fresh outflows bring three-week losses to $4.21 billion, with total assets under management dropping to $141 billion, the lowest level since early April. Read more
  • Binance adds US stock trading in push beyond crypto
    Cointelegraph.com - 11:30 Jun 01, 2026
    Binance adds US stock trading in push beyond cryptoBinance launched US equities trading for eligible users and plans tokenized stocks as crypto exchanges expand into broader financial markets. Binance has launched US equities trading for eligible users and plans to add tokenized stocks as part of a broader push to expand beyond crypto. Users will be able to trade more than 7,000 stocks and exchange-traded funds (ETFs) with zero commission, buy fractional shares from $5 and access select equities on a 24/5 basis, according to an announcement shared with Cointelegraph. The exchange said it is also planning to introduce tokenized stocks as part of its vision for a “multi-asset financial super app.” Read more
    Tags: Binance
  • ECB official says stablecoins risk importing old market flaws
    Cointelegraph.com - 11:21 Jun 01, 2026
    ECB official says stablecoins risk importing old market flawsECB board member Isabel Schnabel warned that stablecoins could bring money-market risks into tokenized finance and reinforce US dollar dominance. European Central Bank (ECB) Executive Board member Isabel Schnabel said stablecoins could bring old financial-market vulnerabilities into tokenized finance, while strengthening the case for central banks to modernize public money through tools such as the digital euro and tokenized central bank settlement. In a Monday speech at the 2026 Bank of Korea International Conference on Central Banks and the Future of Money in Seoul, Schnabel compared stablecoins with money market funds, arguing that both can offer useful financial innovation while also creating risks around bank disintermediation, runs, fire sales and monetary policy transmission. Schnabel also warned that stablecoins could reinforce the US dollar’s global role as tokenized finance develops. “The growing use of stablecoins may further cement the international dominance of the U.S. dollar,” she said, adding ...
  • Coinbase launches rupee bank rails in India after FIU nod
    Cointelegraph.com - 09:45 Jun 01, 2026
    Coinbase launches rupee bank rails in India after FIU nodCoinbase has switched on direct rupee bank transfers in India via IMPS, letting users move funds between local bank accounts and the exchange for spot and futures trading. Coinbase has enabled direct rupee bank rails in India, making it easier for local customers to move money between bank accounts and crypto markets on the exchange as the company deepens its push into one of the world’s fastest-growing digital asset markets. Indian users can now deposit and withdraw Indian rupees via the Immediate Payment Service (IMPS) instant payments network and access spot markets, perpetual futures and the company’s Advanced Trade interface through a single platform, according to a company blog post published Sunday. The move marks Coinbase’s latest push to expand its presence in India since a troubled 2022 debut and follows the company’s registration with India’s Financial Intelligence Unit, giving it a formal regulatory footing in the market. Read more
  • Trump says Iran will ‘work out well’: Five things to know in Bitcoin this week
    Cointelegraph.com - 08:56 Jun 01, 2026
    Trump says Iran will ‘work out well’: Five things to know in Bitcoin this weekBitcoin price headed below $72,000 on Iran woes as US President Donald Trump told observers to "sit back and relax" with a ceasefire still unresolved. Bitcoin (BTC) heads into June with new local lows as the US-Iran war drives crypto market nerves. News of strikes on Iranian targets keep the Middle East conflict firmly on the radar as a source of crypto market volatility this week. Exchanges of fire meant that BTC price action quickly came under pressure following the monthly close, dropping below $73,000. Read more

10200 items