Cryptocurrency

This week, Bitcoin fell to its lowest level of 2026, dropping to $59,100 per coin, and its price now sits just over 50% below the all-time high of more than $126,000 reached by the leading crypto asset. Meanwhile, a significant part of the altcoin market has suffered much sharper declines, with many well-known digital assets posting losses of more than 95% from their peak valuations.

Cryptocurrency

Friday’s mass cryptocurrency sell-off pushed the total market capitalisation of altcoins down to $880 billion. Zcash suffered the heaviest damage among major tokens, with its price plunging by more than 40% to $264.80.

Binance, one of the world’s largest cryptocurrency exchanges, has announced its decision to remove four digital assets from its platform following recent reviews. According to the exchange’s statement, all spot trading pairs for the tokens Contentos (COS), Dar Open Network (D), Highstreet (HIGH) and MOBOX (MBOX) will be delisted, and trading will cease on 19 June 2026 at 06:00.

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.

Fiat money, funds

Exchange-traded funds (ETFs) investing in Bitcoin and Ethereum ended the final week of May under continued pressure from investor withdrawals, with combined outflows exceeding $1.6 billion as investors reduced exposure to the market's largest cryptocurrency funds.

Binance, one of the world's largest cryptocurrency exchanges, has announced that it will remove several trading pairs from its margin trading platform. According to the exchange's statement, various cross-margin and isolated-margin trading pairs will be removed from the platform at 09:00 on June 5, 2026.

The leading cryptocurrency, Bitcoin ($BTC), is facing both Middle East-related risks and the problem of overly crowded long positions on the first trading day of June. This pushed the price below $73,000, and CoinShares published its weekly cryptocurrency report, stating that outflows last week amounted to $1.67 billion.

Cryptocurrency

Last week, the cryptocurrency market showed a negative trend, primarily affecting Bitcoin. At the time of writing, Bitcoin is trading at $73,442, down 4.1% from last week.

Cryptocurrency exchange Binance has announced the delisting of several tokens from its Alpha platform. According to the company’s statement, the tokens DIGI, K, SKI, JOJO, PLAYSOLANA, PAL, TYCOON, HIPPO, LN, BNBXBT, and BOOM were removed from Binance Alpha listings on May 29, 2026, at 09:00 a.m.

The Depository Trust & Clearing Corporation (DTCC), a U.S.-based financial market infrastructure company, and the Stellar Development Foundation (SDF) have announced a new initiative that will allow assets held in custody at DTC to be tokenized on the Stellar blockchain.

BitMEX founder Arthur Hayes and NEAR Protocol co-founder Illia Polosukhin appeared on The Rollup to discuss macroeconomic trends and the growing impact of artificial intelligence on the crypto sector.

Fiat money, funds

This week, exchange-traded funds investing in spot Bitcoin through ETFs in the United States experienced strong capital outflows. The total net outflow from these funds amounted to approximately $1.26 billion, marking the largest weekly outflow since the end of January. In addition, net outflows were recorded for the sixth consecutive trading day.

According to the latest reports, the U.S. Securities and Exchange Commission has postponed its plan to allow the creation of cryptocurrency-based versions of US stocks. As a result of this development, the decentralised cryptocurrency exchange Hyperliquid, which is primarily focused on real-world assets (RWAs), experienced a sharp price decline.

South Korean cryptocurrency exchange Bithumb has announced the listing of OpenGradient in the Korean won (KRW) trading market. According to the exchange’s statement, deposits and withdrawals for OpenGradient will begin within two hours of the announcement.

Bitcoin and major altcoins have recently reversed their upward trend and started moving lower.Over the past week, $BTC declined by around 5%, falling to approximately $77,000.Against this backdrop, blockchain analytics platform Santiment released a new report highlighting the cryptocurrencies currently attracting the most attention across the crypto market.

US cryptocurrency exchange Coinbase has announced the addition of MetaDAO (META) and Derive ($DRV) tokens to its official listing roadmap as part of its ongoing digital asset expansion plans.