Bitcoin miners finally had a reason to celebrate as their revenue posted its strongest growth in four months, surpassing the $1 billion mark for the first time since January. However, the momentum has slowed dramatically as Bitcoin fell below $66,000 on Tuesday before staging only a modest recovery the following day.
Global payment giants Visa, Mastercard, and Stripe are reportedly exploring the creation of a unified stablecoin platform. The largest U.S. crypto exchange, Coinbase, is expected to play a key role in the initiative, according to sources cited by CoinDesk.
Bitcoin has once again become the focus of market attention after prediction markets began assigning nearly even odds that the cryptocurrency could fall below $50,000 before the end of 2026.
Kraken, through its parent company Payward, is opening access to U.S.-listed Initial Public Offerings (IPOs) at the offering price for retail investors worldwide through its tokenized equities platform, xStocks.
Ethereum continues to trade under pressure as investors assess whether the recent decline has reached exhaustion or if another wave of selling lies ahead. The second-largest cryptocurrency is struggling to regain momentum after a sharp drop from higher levels, prompting traders to focus on a key support zone that could determine the market’s next major move.
Arthur Hayes, co-founder of BitMEX and one of the cryptocurrency industry's most influential figures, known for his bold predictions on Bitcoin and altcoins, has announced his support for a new altcoin.
Bitcoin plunged sharply below the $66,000 level after a new escalation of tensions between the United States and Iran. On Coinbase, the price of $BTC fell to as low as $65,385, marking its lowest level since late March.
Tether announced the launch of the world’s first neobank Visa card linked to tokenized gold, XAUT (Tether Gold). The project is being developed in partnership with the digital banking and investment platform Fasset.
Prediction market traders are increasingly betting that Bitcoin’s correction is far from over, even after the cryptocurrency dropped to around $65,000 this week amid growing pressure from ETF outflows and weakening institutional demand.
El Salvador continues to purchase one bitcoin per day despite the cryptocurrency’s price decline. Under the leadership of Nayib Bukele, who marked seven years in office on June 1, the country has accumulated more than 7,000 bitcoins.
Last week, readers were informed about the renewed flow of funds into dollar-denominated alternatives such as Tether and USD Coin (USDC) amid Bitcoin’s decline from its early-May highs above $80,000. This combination of factors served as an early warning sign of a potential full-scale risk-off move across the cryptocurrency market.
Cardano continues to face significant pressure this week as weak market structure, declining derivatives activity, and uncertainty within the ecosystem have heavily weighed on market sentiment. ADA was trading near $0.216 after another failed recovery attempt, while traders monitored growing concerns surrounding the potential shutdown of the Cardano analytics platform TapTools.
The blockchain of the privacy-focused cryptocurrency Zcash went several hours without displaying new blocks after a critical vulnerability was discovered in Orchard, the network’s core private transaction mechanism.
The $NEAR Protocol blockchain will implement post-quantum cryptography measures by the end of Q2 2026, meaning as early as this month. This was stated by the project’s co-founder Illia Polosukhin.
Joshua Lim, Head of Markets at FalconX, stated that Hyperliquid has become one of the most liquid trading venues in the cryptocurrency market. Demand for its services from hedge funds and institutional investors continues to grow as capital flows out of Bitcoin and Ethereum.
The Bitcoin Volatility Index (BVIV), a key indicator of investor sentiment in the cryptocurrency market, flashed a new fear signal on June 3. On Tuesday, BVIV jumped approximately 20%, marking its largest single-day gain since February 5.
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