Solana has launched native subscription and recurring payment infrastructure directly on its blockchain, audited by security firms Cantina and Spearbit, live on mainnet, and already being integrated by companies including Helius, Confirmo, and Dynamic. It arrives at a pointed moment: SOL’s on-chain DEX volume has dropped more than 86% from its meme coin peak in…
Crypto is losing its momentum-trade status as investors turn toward AI stocks, according to Bitwise chief investment officer Matt Hougan. Summary Bitwise says crypto is shifting from momentum trading to contrarian investing as AI stocks dominate flows. Matt Hougan says investors still believe in crypto but now favor fundamentals over market hype. Bitcoin remains pressured…
Crypto markets are a bloodbath today, with total capitalization shedding billions and falling to multi-month lows. Crypto markets have dumped 4.9% or a whopping $140 billion over the past 24 hours, sending total capitalization to $2.37 trillion, its lowest level since early April. Over the past 24 hours, 265,000 traders were wrecked, and the…
The U.S. Treasury has sanctioned four Iranian cryptocurrency exchanges and two senior executives at Nobitex after accusing the platforms of helping sanctioned entities access the digital asset ecosystem. Summary The U.S. Treasury has sanctioned four Iranian crypto exchanges, including Nobitex, under its Economic Fury campaign against Iran. Treasury has accused Nobitex of facilitating transactions for…
May’s performance suggested that internal market dynamics were the major driver of weakness, rather than macro conditions. Similar to previous bear markets, bitcoin (BTC) is now on track to experience a slow bleed regime. As analysts explained in the latest Bitfinex Alpha report, this seasonal pattern is further aggravated by weakening demand from spot…
New York’s financial regulator has formed a stablecoin supervision agreement with the European Banking Authority as regulators on both sides of the Atlantic tighten cooperation over digital assets. Summary NYDFS and the European Banking Authority signed an agreement to share information on stablecoin supervision. The agreement covers market risks, consumer protection, and oversight of firms…
Cardano founder Charles Hoskinson has taken to X to allege that UK police covered up the Henry Nowak case, claiming that despite available evidence and victim testimony, UK law enforcement failed to act or actively suppressed information regarding a violent assault involving Nowak. The post generated significant engagement almost immediately. Here is the central tension…
HYPE’s social dominance is at its highest level in 2026, new data suggests. Hyperliquid’s native token, HYPE, recently climbed to a record high above $73, as growing trader interest and optimism continued to build around the project. According to Santiment, social activity and positive sentiment surrounding the token have surged across X, Reddit, Telegram,…
Galaxy Digital has launched an institutional over-the-counter prediction-markets desk, opening the service with a $10 million event swap tied to the Digital Asset Market Clarity Act. Summary Galaxy launched an institutional OTC prediction-markets desk with a $10 million event swap with Arca. The first trade allows Arca to take a position on whether the CLARITY…
In crypto news today (June 2), the market has gone into a mini-meltdown as Bitcoin crashed below $70,000 in this European morning trading session, falling by -3.8% overnight. The crash caused more than $766M in daily liquidations, with over $600M of that figure being long trades. This price action hasn’t been helped by ETF flows,…
