Bitcoin prices are poised top fall further following the loss of a key cost basis level, according to analysts. Bitcoin is on “the edge of a breakdown,” reported onchain analytics firm Swissblock on Monday. The analysts noted that the loss of the “Cost Basis Zone” has already triggered a decisive drawdown. Consolidation inside this…
Coinbase has intensified its push for U.S. crypto market rules as Senate lawmakers prepare for a decisive vote on the CLARITY Act this month. Summary Coinbase’s Faryar Shirzad said the CLARITY Act could become the biggest U.S. financial regulatory bill since Dodd-Frank. The bill cleared the Senate Banking Committee by a 15-9 vote and now…
There’s a scene in the new film Obsession (2026) that’s been living rent-free in a lot of heads since its release. A character gets a fragile little novelty toy, the “One Wish Willow”, and wishes for a billion dollars. (Spoiler alert) and cash literally rains from the ceiling. It’s absurd, it’s funny, and for about…
CME Group has drawn about $50 million in notional volume during the first weekend of its new 24/7 cryptocurrency futures and options trading service. Summary CME Group recorded about $50 million in notional trading volume during the first weekend of its 24/7 crypto derivatives market. More than 7,200 cryptocurrency futures and options contracts traded after…
In crypto news today (June 1), the market has started the new month in a precarious position, with Bitcoin dropping -1.4% overnight, losing key support at $73,000, and currently trading around $72,700. However, ETH USD, in typical fashion, has performed worse, down -2.5% in the past 24 hours and trading for $1,975 after losing key…
However, a failure to defend the current support level may open the door to a deeper correction toward $61,000. Bitcoin (BTC) is holding above a support zone that one analyst says could either push it to new summer highs or lead it toward $61,000. According to them, the outcome depends on whether buyers can…
TON has rallied after Telegram founder Pavel Durov said the network’s native token will revert to its original name, Gram. Summary Pavel Durov said Toncoin will be renamed Gram, restoring the token’s original identity as defined in TON’s first white paper. TON rose 18.75% to $2.19 after traders reacted to the rebrand and Telegram’s stronger…
In XRP news today, Ripple has spent the better part of three years signing banking partners, expanding cross-border payment corridors, and navigating a landmark SEC lawsuit to a partial legal victory, and XRP’s price has spent much of that same period lagging every major crypto cycle, still sitting well below its July 2025 all-time high…
According to the analyst, banks can earn as much as 28% on loans while paying depositors less than 1%, a spread stablecoins are challenging. Popular crypto analyst EGRAG CRYPTO has claimed that banks are fighting stablecoins not because they are risky, but because they allow people to hold, move, and potentially earn returns on…
Grayscale has moved closer to launching its Hyperliquid exchange-traded fund after adding a 0.29% sponsor fee and HYPG ticker to its amended registration filing. Summary Grayscale updated its Hyperliquid ETF filing to include a 0.29% fee and the HYPG ticker. James Seyffart expects Grayscale’s Hyperliquid ETF to launch sometime this week. The fund would compete…
