Ethena began pivoting toward overcollateralized institutional lending in April as part of a major overhaul of USDe reserves.
Coinbase Ventures bought ENA as Coinbase expanded its Ethena partnership across custody, wallets, perps, and USDe access.
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Ripple is pushing its dollar-backed stablecoin into Turkey, betting that one of the world’s most active digital-asset markets is ready for a more regulated version of the digital dollars already used to navigate currency weakness and limited access to traditional dollar savings. On June 2, the Brad Garlinghouse-led company announced that its US dollar-pegged stablecoin, […]
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Ethereum is back at a point on its Bitcoin pair where the price action has always started to ask a dangerous question: is ETH still weak, or is it being priced for another rotation? A new ETH/BTC chart shared by crypto analyst BLADE shows Ethereum falling through 14 straight lower closes against Bitcoin, taking the pair below the same relative strength zone during its February low. The setup matters because the last visit to that area came at a moment of heavy pessimism around Ethereum. A few weeks later, ETH began to outperform Bitcoin, and the move eventually carried Ethereum above $2,450. Ethereum Returns To The Same ETH/BTC Buy Zone BLADE’s analysis focuses on the Ethereum/Bitcoin pair, where ETH has moved into a clear short-term breakdown against BTC after weeks of steady underperformance. The pair was trading above 0.0313 in April, but that level gave way as sellers continued to pressure Ethereum relative to Bitcoin. Related Reading: The Mistake Investors Are Making About Ethereum That Could Cost Them Money; Analyst By May, ETH/BTC had fallen below 0.027 after recording 14 consecutive lower closes, dragging it to its lowest level since July 2025. That decline means that the Ethereum price has not only been falling in dollar terms or struggling with the broader crypto market but has also been losing ground directly against Bitcoin. However, the most recent red candle on the ETH/BTC pair turned out to be a doji candlestick, which is the ultimate candlestick of indecision. The current candlestick is still green, and the Ethereum price is now in a position of outperforming the Bitcoin price. Interestingly, the deeper point in BLADE’s analysis is where the decline has brought the pair. The ETH/BTC RSI has returned to the same support zone that appeared around the February low, near the lower 30s on the indicator. That zone is highlighted on the chart below as the area where momentum became stretched enough in February for Ethereum to begin recovering against Bitcoin. What’s Next For Ethereum? At the time of writing, the ETH/BTC pair is trading at 0.02835, which is about 35% below its August 2025 high of 0.0434. This was the last time the Ethereum price was in a period of peak outperformance against Bitcoin, and it led to a breakout above $4,000 and its current all-time high of $4,946. Related Reading: Can Ethereum Stage The Biggest Comeback In History? Why Price Could Double Ethereum’s current setup is not identical to August 2025, but the rhythm is similar enough. The pair has returned to the same momentum support area, and the lower-close sequence has become stretched. The pair now needs to stop printing lower closes and reclaim the breakdown zone, and Ethereum starts seeing more inflows compared to Bitcoin, especially as BTC has now broken below $70,000 in the past 24 hours. However, Ethereum has not been immune to the broader market weakness either, with ETH also falling below $2,000 in the past 24 hours. Featured image from Freepik, chart from Tradingview.com
The Digital Asset Market Clarity Act has been officially placed on the United States Senate Legislative Calendar as of June 1, 2026. The bill cleared the Senate Banking Committee on May 14 with a 15 to 9 bipartisan vote and the administrative process placing it on the calendar completed by June 1. Being placed on …
Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions.
Schwab's crypto futures expansion and upcoming spot trading for advisors could significantly enhance digital asset accessibility and market engagement.
The post Charles Schwab debuts 24/7 Bitcoin, Ether, Solana and Ripple futures, targets spot crypto for advisors next year appeared first on Crypto Briefing.
The CFTC chair seeks to roll back an enforcement action on the company founded by Cameron and Tyler Winklevoss, donors to Donald Trump’s 2024 campaign and attendees at White House events.
While the broader crypto market bleeds, one asset is moving in the opposite direction. Zcash climbed 13% to $612 in 24 hours as Bitcoin fell 5.76% to $67,382, Ethereum dropped 2.95% to $1,922, and XRP declined 4.74% to $1.23. The total crypto market cap sits at $2.34 trillion, down 3.77% on the day. Most top …
Ethena said the two companies have also become partners "to grow onchain finance and savings products."
The Move-based blockchain network said it gained access to licensed payment infrastructure as it shifts toward stablecoin settlement and remittances.
A 32-Bitcoin sale shouldn’t matter much when a company holds 843,706 BTC. Yet here we are. The latest disclosure from Strategy has reignited one of crypto’s favorite debates after the company sold 32 BTC during the final week of May to fund preferred stock dividends. The amount represented only a tiny fraction of its treasury, …
Bitcoin is breaking down through major technical support while the NASDAQ keeps printing new all-time highs. Chief market strategist Gareth Soloway has mapped out a detailed set of price scenarios covering where Bitcoin could go from here and at what levels he plans to start buying. The Breakdown That Changes the Picture Bitcoin reached the …
Crossmint launched a Visa powered API that lets developers enable AI agents to make card payments with tokenized credentials.
The post Crossmint launches Visa powered card payments API for AI agents appeared first on Crypto Briefing.
Sens. Warren and Sanders are pressing the DOL to strike down a proposed rule that would open up 401(k) retirement plans to crypto.
Bitcoin’s latest price action has given bearish analysts more reason to argue that the cryptocurrency is still moving through a deeper correction. Bitcoin has fallen back to $70,000, and selling pressure is building after another failed attempt to hold higher levels. Crypto analyst Crypto Lens has warned that Bitcoin may still need one final move lower to $42,000 before a new bull run back to new all-time highs above $126,000 can begin. Bitcoin Is Still Inside A Bull Trap Technical analysis of Bitcoin’s price action is predicting a bearish outlook during a tense moment for the cryptocurrency. Bitcoin has already corrected by over 15% since it reached $82,850 in early May, but technical analysis from crypto analyst Crypto Lens suggests that the downtrend might not end until Bitcoin breaks below $50,000. Related Reading: Ripple’s Growing Bank List: The Over 500 Institutions With XRP IDs Notably, Crypto Lens’ chart presents the current Bitcoin setup as a cycle transition. The analyst’s roadmap begins from the idea that Bitcoin has already printed its major top near $126,199 in October 2025 and has since been moving through a series of failed recovery attempts. The first major rejection on the chart is labeled as “Bull Trap #1,” which appeared after Bitcoin failed to hold the upper distribution zone close to the all-time high area between November 2025 and January 2026. From there, the price collapsed into a lower red range in February 2026. Bitcoin then attempted another bounce in May, but Crypto Lens’ chart marks that move as “Bull Trap #2.” The analyst’s view is that this second trap is now close to completion, with the next expected move being a decline into a lower accumulation zone before the market can begin building toward the next major cycle. Bitcoin Price Chart. Source: @crypto_lens_ On X The $42,000 Crash Before The $126,000 Bull Run The most interesting part of Crypto Lens’ analysis is that the bearish target does not cancel the bullish endgame. The chart shows Bitcoin falling into a blue accumulation range around $42,000 before gradually entering a re-accumulation phase and then a markup stage. Therefore, the analysis is effectively arguing that Bitcoin must go lower first because the current structure still lacks a proper bottom. Related Reading: XRP Analyst Flags Biggest Institutional Unlock That The Market Has Ever Seen The roadmap also gives the move a longer time horizon that extends outside 2026. The accumulation range around $42,000 is expected to stretch through the middle of 2026, and the re-accumulation box extends into early 2027. The markup phase then points to a recovery across 2027, with the final target breaking above the current all-time high line at $126,100. At the time of writing, Bitcoin is trading at $69,920, down 3.9% over the past 24 hours after slipping below $70,000 from an intraday high of $72,929. The decline also comes amid news that Strategy sold a small portion of its Bitcoin holdings for the first time since December 2022. Featured image created with Dall.E, chart from Tradingview.com
Solstice Labs CEO Ben Nadareski says developers must act like financial managers to win back institutional trust amid ongoing security exploits.
The Bitcoin price fell hard on Tuesday, hitting $67,289—its lowest level since April—reshaping sentiment toward a more bearish outlook as bulls lose key support zones. CoinGecko data shows the selloff isn’t isolated to one timeframe. Bitcoin has retraced across all-time horizons, reflecting widespread bearish sentiment and persistent selling pressure. The Bitcoin price is down about 6% over the last 24 hours and roughly 15% on the monthly timeframe. After the drop, Bitcoin is around 47% below its all-time highs of $126,000 set during last year’s rally. What’s Next For The Bitcoin Price? On X (previously Twitter), market analyst Ali Martinez argued that the Bitcoin price has broken below several major levels that traders typically use as a line in the sand. Martinez pointed to the loss of channel support, the loss of the 100-day simple moving average (SMA), and the move below the 0.5 Fibonacci retracement level around $71,300. Related Reading: Bullish Shift For TON: Price Breaks Above $2 Following Telegram CEO’s Gram News The analyst said that once all three were lost, the odds of downside acceleration rose sharply, pointing to $65,000 as the next likely move. From current levels, that potential retrace would mean an additional pullback of about 3.4%. BTC To $48,000 By September Market expert Nonzee claimed “history is repeating itself,” describing a bear-trap pattern that previously went from $97,000 to $83,000, and then the expert charted a continuation of the crash for the Bitcoin price with another leg: $65,000, then $61,000, $58,000, $55,000 and a potential bottom at around $48,000. Related Reading: Binance Unveils Trading Access To Over 7,000 US Stocks, ETFs—And Adds A New Tokenization Plan In that scenario, the “next stops,” according to Nonzee, include “$60,000 in days,” and $48,000 by September. Short Bitcoin price bounces may happen, but he argued that waiting for a full bull market right now would be a mistake. Not everyone is calling for the same exact path, but the tone across these forecasts is clearly cautious. Tony Research, for example, said he expects a bounce from $67,000 into the $74,000 area, yet the larger message remains that the main trend is still bearish. Featured image created with OpenArt; chart from TradingView.com
The partnership could accelerate institutional adoption of tokenized finance, enhancing liquidity and efficiency in digital asset markets.
The post Franklin Templeton brings BENJI tokenized funds onto MoonPay appeared first on Crypto Briefing.
Coinbase invests in ProShares IQMM ETF to support GENIUS Act stablecoin reserves as demand for compliant infrastructure grows.
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TD Securities says "perpetual futures" are exploding beyond crypto as platforms like Hyperliquid outpace traditional Wall Street exchanges on everything from pre-IPO tech stocks to weekend oil trading.
Bitcoin fell below $68K as over $1B in liquidations, ETF outflows, and crypto stock losses deepened market pressure.
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Titan Network says its crowdsourced computing network has signed tech giants like Tencent and Alibaba as clients, saving them as much 75% on AI costs.
Just a day after the nearly $1 trillion AI giant revealed IPO plans, Anthropic is letting more firms access its powerful Claude Mythos model.
Privacy protocol Zama says it will accelerate compliance measures after a court lifted a $12.5 million USDC freeze tied to an unrelated legal dispute.
AI is reshaping business faster than most leaders realize, and Gary Vaynerchuk argues the biggest winners will be creative builders willing to adapt.
Institutional investors are ditching range-bound bitcoin and ether for Hyperliquid as the decentralized platform wins over hedge funds with massive liquidity and early access to hot markets, according to Joshua Lim, head of markets at FalconX.
Today's sudden Bitcoin slide under $68,000 forced a rapid unwind across crypto derivatives markets, erasing nearly $400 million in leveraged positions in one hour as traders who had bet on further gains were caught by the move. Data from CryptoSlate shows that Bitcoin fell more than 5%, dropping from $71,765 to $67,895, its lowest level since […]
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Georgia will reportedly install electricity meters across Mestia to curb illegal crypto mining after officials blamed miners for grid strain and outages.
Ethereum’s funding rate climbed to its highest level since August 23, 2025 on May 31, even as the token slipped below the $2,000 mark. The move pointed to heavy long positioning, and that crowding showed up again on June 1 when about $84 million in long ETH bets were wiped out. Related Reading: Bitcoin Faces Prolonged Downtrend Through 2027, Analyst Warns Citigroup Sees Tokenization Breakout Citigroup’s new Tokenization 2030 report put the tokenized asset market at $17 billion today and projected a base-case value of $5.5 trillion by 2030. The bank also laid out a wider range, with a low case of $2.7 trillion and a high case of $8.2 trillion, depending on how fast adoption spreads. The forecast leans heavily on US Treasury bills and public equities. Citi said about 10% of the US Treasury bill market could be tokenized by 2030, while public stocks could make up another 3% of the total, with on-chain money and tokenized deposits helping settle those trades. Citi: Tokenized securities market could reach $5.5T by 2030 Citi said in its Tokenization 2030: Wall Street On-Chain report that the real-world asset tokenization market could grow from $17 billion today to $5.5 trillion by 2030, with estimates ranging from $2.7 trillion to $8.2… pic.twitter.com/OwwUCtPpFW — Wu Blockchain (@WuBlockchain) June 1, 2026 Citi also said a shift by 10% of US retail investors to on-chain trading could create about $2.6 trillion in demand for tokenized public equities. The report framed the change as a gradual one, with legacy systems and blockchain-based rails likely to run side by side for a long stretch. Ethereum Still Sits In The Middle The report and the market reaction both placed Ethereum in the middle of the tokenization story. Reports have it that Wall Street firms are already using Ethereum for tokenization, citing BlackRock’s BUIDL fund and the firm’s plan to tokenize money market funds on the blockchain using Ethereum. Even so, the price action has stayed weak. Ethereum was trading around $1,985 when the piece was published, after a drop of 0.85% on the day, and the token had already fallen below the psychological $2,000 level. Related Reading: Bitcoin Could Enter Freefall If This Level Cracks: Analyst The report also pointed to a support band between $1,980 and $1,990, which had formed a demand zone on May 29. A bounce from that area, it said, could push ETH back above $2,000 and later toward $2,220. Price Still Has Work To Do Technical pressure was still hanging over the chart. ETH formed a double-top pattern on April 17 and May 6, then broke below the neckline and fell toward the $2,000 area after a second drop of about 9% from the $2,460 peak. Featured image from Unsplash, chart from TradingView