Crypto

The company Monday morning announced the closing of its $450 million capital raise with which it intends to but ETH for its treasury.

Security experts slam Elon Musk’s XChat claim, saying Bitcoin doesn’t use encryption and his wording is technically wrong.

Bitcoin was created for a moment like this. But so far it is missing its mark, says Paul Brody, head of blockchain at EY.

Solana meme coin creators have earned almost $3 million in total, with some communities using the funds in creative ways.

Market momentum has been growing for BNB, with the BNB Smart Chain ecosystem showing significant growth.

Crypto index funds and ETFs can help you earn passive income by diversifying your holdings and minimizing active trading. Crypto index funds and ETFs provide diversified exposure to digital assets, helping investors earn passive income without actively managing portfolios. Centralized and decentralized options exist, with ETFs available on stock exchanges and DeFi-native index tokens accessible via Web3 wallets. Income sources include asset appreciation, staking, DeFi yields and covered call strategies, depending on the fund’s structure — though not all funds support all these sources. Read more

Polygon’s NFT growth in 2025 is fueled by real-world asset marketplace Courtyard, which now rivals DraftKings in all-time sales. Polygon-based non-fungible tokens (NFTs) have surpassed the $2 billion milestone in all-time sales volume, marking a significant achievement for digital collectibles on the network.  The milestone comes amid consistent growth in monthly sales over the last several months, highlighting interest and adoption within Polygon’s NFT ecosystem. CryptoSlam data shows that since November 2024, monthly sales in Polygon have been on an upward trend.  The sales volume started from $16.3 million in November 2024 and increased each month, reaching nearly $20 million in December, $25 million in January 2025 and $37 million in February.  Read more

Cardano (ADA) declined 5.9% and Aptos (APT) fell 5.6%, leading index lower.

SHIB is already down by over 11% in the past week, will there be more price declines?

Bitcoin recently tapped into the $111K zone, sweeping buy-side liquidity before showing signs of rejection. As the market pauses after a strong rally, technical and on-chain indicators suggest a potential pullback or consolidation phase, with traders now eyeing key levels for the next move. Technical Analysis By ShayanMarkets The Daily Chart BTC experienced a notable […]

[PRESS RELEASE – Panama City, Republic of Panama, June 2nd, 2025] Diamonds have represented wealth, luxury, and long-lasting value for years. But while they have held great appeal, the fact is that the majority of diamond investments were not easily accessible to a common person. High costs of entry, unclear pricing methods, along with the […]

The company now owns 580,955 BTC.

Michael Saylor’s Strategy continued stacking Bitcoin in the last week of May, buying $75.1 million worth of BTC. Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, revealed its latest BTC purchases after the price briefly dropped to $103,000 last week. Strategy acquired 705 Bitcoin for $75.1 million between May 26 and 30, the company announced on June 2. The latest purchases were made at an average price of $106,495 per coin, with Bitcoin dropping from $110,000 last Monday to an intraweek low of $103,400 by the weekend. Read more

Swan Chain is uniquely positioned at the intersection of decentralized blockchain technology and AI infrastructure, providing a robust platform for comprehensive AI development. Strategic partnerships have validated its decentralized computing model, effectively reducing AI deployment costs and increasing resource efficiency. The collaboration with Nebula Block, securing over 100,000 GPU compute hours through Swan’s AI compute marketplace, exemplifies the platform's ability to deliver substantial cost savings. Through Mission 3.0, Swan Chain advanced community engagement, enabling richer, analytics-driven interactions. With ongoing infrastructure expansions, such as the CDN layer, Swan Chain is well-positioned to maintain its momentum in decentralized AI innovation, addressing emerging needs with agility and strategic foresight.

25 projects raised $109M last week, led by Conduit ($36M), Beam ($7M), and Donut ($7M), while Blockchain Builders and Metalayer each launched early-stage funds focused on the intersection of crypto and AI, and on financial infrastructure. Rob Hadick spotlighted stablecoins’ B2B adoption surge, Wei Dai introduced a design constraint framework for onchain privacy, and Simon Kim cautioned against frothy NAV premiums in crypto treasury stocks. Here’s your breakdown of the week’s top deals and insights.

Singapore's financial authority has set a June 30 deadline for crypto firms operating overseas to obtain a license or shut down.

Binance co-founder Changpeng “CZ” Zhao proposed launching a dark pool perpetual DEX to protect large traders from front-running and MEV attacks. Update (June 2 at 3:33 pm UTC): This article has been updated to incorporate comments from Li.Fi’s Philipp Zentner and StealthEX’s Maria Carola. Binance co-founder Changpeng “CZ” Zhao proposed creating a dark pool perpetual swap decentralized exchange (DEX) to prevent market manipulation. In a June 1 X post, Zhao said that he has “always been puzzled with the fact that everyone can see your orders in real-time on a DEX.” Read more

XRP ledger activity has dropped sharply in the past two months, increasing the downside prospects for XRP price to drop toward $1.70. Key takeaways: XRP forms an inverted V-shaped correction pattern on the daily chart, risking a 20% drop to $1.70. A bearish divergence from the weekly RSI points to increasing downward momentum. Read more

Ether led last week’s $286 million of net inflows to crypto ETPs, while Bitcoin investment products saw outflows of $8 million, CoinShares reported. Cryptocurrency investment products maintained their multi-week inflow streak last week despite significant selling pressure stemming from Bitcoin’s drop to $103,000. Global crypto exchange-traded products (ETPs) recorded $286 million of inflows in the week ending May 30, bringing a seven-week run of inflows to $10.9 billion, CoinShares reported on June 2. Despite the inflows, total assets under management (AUM) declined from the all-time high of $187 billion to $177 billion by the weekend amid market volatility triggered by uncertainty over US tariffs, said CoinShares’ head of research, James Butterfill. Read more

Singapore’s central bank has set a June 30 deadline for local crypto firms targeting overseas markets to halt operations or face steep penalties, including fines of almost $200,000. Singapore’s central bank has set a deadline of June 30 for local crypto service providers to stop offering digital token (DT) services to overseas markets. The directive came from the Monetary Authority of Singapore’s (MAS) response to industry feedback on its proposed regulatory framework for Digital Token Service Providers (DSTPs) under its Financial Services and Markets Act of 2022 (FSM Act).  MAS stated that no transitional arrangements will be made for local DTSPs providing services abroad. It said that any Singapore-incorporated company, individual or partnership that provides DT services outside Singapore must either cease operations or obtain a license when the DTSP provisions come into force by the end of June.  Read more