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 mar
A dispute with more than $85 million in total trading volume at stake has erupted on Polymarket after Strategy Inc. — formerly MicroStrategy — confirmed it sold 32 Bitcoin between May 26 and May 31, 2026, only for the prediction market to propose a “No” resolution on the grounds that public confirmation arrived one day […]
Kalshi filed with the CFTC to self-certify XRP perpetual futures, along with 12 other altcoins. The filing follows CFTC’s recent approval of Kalshi’s Bitcoin perpetual futures contract. XRP has roughly $3 billion in global perpetual futures open interest showing strong demand. The U.S. digital asset regulatory environment is undergoing a significant change. In a historic […]
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Mt. Gox moved 10,306 BTC (~$739M) from cold wallets for the first time in over two months. The transfer sparked speculation that creditor repayments may soon begin, potentially pressuring Bitcoin prices. Mt. Gox still holds 34,504 BTC worth ~$2.41B across its wallets. Cryptocurrency exchange Mt. Gox just made a huge on-chain transfer of digital assets. […]
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Market volatility boosts interest in simplified AI compute platforms like SHRMiner as traders seek alternative exposure. Bitcoin’s recent pullback has reminded investors of a familiar reality: even in a long-term bullish environment, crypto markets rarely move in a straight line.…
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 ro
Strive Inc. has raised its Bitcoin holdings to 19,000 BTC after buying an additional 2,500 BTC between May 23 and June 1, 2026. A June 2 filing with the U.S. Securities and Exchange Commission said the Nasdaq-listed company bought the…
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