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JPMorgan, Citi and America’s Biggest Banks Plan Tokenized Deposit Network: Report
JPMorgan, Citi and America’s Biggest Banks Plan Tokenized Deposit Network: Report

The largest U.S. banks are reportedly planning a joint tokenized deposit network set to launch in 2027, positioning regulated bank money directly against stablecoins. Banks Pool Resources Through The Clearing House According to a Wall Street Journal (WSJ) report, JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and other major commercial...

SpaceX sets $135 price for blockbuster IPO, challenging Wall Street norms
SpaceX sets $135 price for blockbuster IPO, challenging Wall Street norms

SpaceX's IPO strategy could redefine market expectations, emphasizing direct pricing control and potentially influencing future IPO approaches. The post SpaceX sets $135 price for blockbuster IPO, challenging Wall Street norms appeared first on Crypto Briefing.

US jobless claims rise to 225K as labor market shows early cracks
US jobless claims rise to 225K as labor market shows early cracks

Rising jobless claims may prompt earlier Fed rate cuts, impacting Treasury yields, the dollar, and potentially boosting crypto markets. The post US jobless claims rise to 225K as labor market shows early cracks appeared first on Crypto Briefing.

Generalist AI raises $400M in funding round led by Radical Ventures, hitting $2B valuation
Generalist AI raises $400M in funding round led by Radical Ventures, hitting $2B valuation

Generalist AI's funding surge highlights growing investor confidence in versatile robotics, potentially reshaping labor dynamics across industries. The post Generalist AI raises $400M in funding round led by Radical Ventures, hitting $2B valuation appeared first on Crypto Briefing.

Ethereum Price Downtrend May Not Be Over—Sub-$1,700 Levels Loom
Ethereum Price Downtrend May Not Be Over—Sub-$1,700 Levels Loom

Ethereum price started a fresh decline and traded below $1,750. ETH is now consolidating below $1,750 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $1,800. The price is trading below $1,780 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,750 on...

Hut 8 hires NextEra veteran Mark Eidelman to lead investor relations amid AI infrastructure pivot
Hut 8 hires NextEra veteran Mark Eidelman to lead investor relations amid AI infrastructure pivot

Hut 8's strategic pivot towards AI infrastructure, led by seasoned finance executive Mark Eidelman, could significantly lower capital costs and enhance competitive positioning, impacting long-term investor returns. The post Hut 8 hires NextEra veteran Mark Eidelman to lead investor relations amid AI infrastructure pivot appeared first on Crypto...

Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy
Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy

BitMine Immersion Technologies is seeking $300 million through a preferred stock sale that would pay a 9.5% annual dividend and, if approved, be listed on the New York Stock Exchange. The filing gives the Tom Lee-led company fresh money it can use to add more Ether while tying investor returns to a board-declared cash payout. Related Reading: XRP...

Oman halts crude loading at Mina Al Fahal after suspected drone attack
Oman halts crude loading at Mina Al Fahal after suspected drone attack

The incident heightens regional tensions, potentially disrupting global oil logistics and impacting maritime security and oil prices. The post Oman halts crude loading at Mina Al Fahal after suspected drone attack appeared first on Crypto Briefing.

XRP Whales Have Stopped Selling On Binance, But Why Is Price Crashing?
XRP Whales Have Stopped Selling On Binance, But Why Is Price Crashing?

New reports reveal that XRP whales are withdrawing from Binance, the world’s largest crypto exchange, in massive numbers. As a result, sell-offs on the platform have largely stopped, with whales moving most of their tokens into private wallets. With these large investors now controlling a significant portion of daily outflows, supply on exchanges...

Schneider Electric plans €800M debt sale to support data centers
Schneider Electric plans €800M debt sale to support data centers

Schneider's debt sale underscores the strategic importance of data centers in capitalizing on AI-driven growth, impacting future market dynamics. The post Schneider Electric plans €800M debt sale to support data centers appeared first on Crypto Briefing.

Why Ethereum Price is Down?
Why Ethereum Price is Down?

The post Why Ethereum Price is Down? appeared first on Coinpedia Fintech News Ethereum’s price continued to decline even as staking demand remained strong. More than 3.1 million ETH, worth about $5.45 billion, is currently waiting to enter staking, compared with roughly 49,700 ETH queued for withdrawal. The disconnect matters because staking...

Arthur Hayes Exits Zcash After Orchard Exploit
Arthur Hayes Exits Zcash After Orchard Exploit

The post Arthur Hayes Exits Zcash After Orchard Exploit appeared first on Coinpedia Fintech News Crypto investor Arthur Hayes said he sold his entire Zcash position following disclosure of the Orchard Pool vulnerability that could have enabled undetectable counterfeit ZEC creation. While he described exploitation as unlikely, he argued that the...

Strategy’s Bitcoin Losses Surpass Bitmine’s Ethereum Drawdown
Strategy’s Bitcoin Losses Surpass Bitmine’s Ethereum Drawdown

The post Strategy’s Bitcoin Losses Surpass Bitmine’s Ethereum Drawdown appeared first on Coinpedia Fintech News Data shared by Degen News shows that Michael Saylor’s Strategy now holds larger unrealized losses on its Bitcoin position than Bitmine’s losses on its Ethereum holdings. Strategy’s paper loss stands at approximately $10.9 billion,...

Cardano (ADA) Crashes To Five-Year Low: Top Analyst Targets $0.051 After Hoskinson’s Warnings
Cardano (ADA) Crashes To Five-Year Low: Top Analyst Targets $0.051 After Hoskinson’s Warnings

Cardano (ADA) is facing a sharp downturn, having suffered a major monthly drop of around 30% and slipped below the crucial $0.20 support level on Thursday for the first time in over five years. The selloff is unfolding against two pressures at once: bearish momentum across the broader crypto market and fresh warnings from Cardano […]

Texas Halts Alleged Crypto Pyramid Scheme After ‘Zero-Risk’ Millionaire Promises
Texas Halts Alleged Crypto Pyramid Scheme After ‘Zero-Risk’ Millionaire Promises

Texas regulators targeted an alleged crypto investment and MLM scheme that promised millionaire status, passive income, and high monthly returns through recruitment and trading codes. The order also cites withdrawal fees, investor lockups, and claims of low-risk, AI-assisted trading. Texas Order Flags Crypto Returns, Recruitment, and Investor...

Bitcoin Price Pain Isn’t Over Yet As Selling Pressure Persists
Bitcoin Price Pain Isn’t Over Yet As Selling Pressure Persists

Bitcoin price started a fresh decline below the $65,000 zone. BTC is showing bearish signs and might continue to move down if it dips below $62,000. Bitcoin failed to stay above $65,500 and extended losses. The price is trading below $64,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance near...

Charles Hoskinson Rejects Exit Rumors as Cardano Faces Funding Challenges
Charles Hoskinson Rejects Exit Rumors as Cardano Faces Funding Challenges

The post Charles Hoskinson Rejects Exit Rumors as Cardano Faces Funding Challenges appeared first on Coinpedia Fintech News Cardano co-founder Charles Hoskinson denied rumors that he is leaving the project, stating during a June 4 X Space that his planned break is limited to social media. He said the decision was driven by online harassment and...

Anthropic Says Claude Now Writes Most of Its Production Code
Anthropic Says Claude Now Writes Most of Its Production Code

The post Anthropic Says Claude Now Writes Most of Its Production Code appeared first on Coinpedia Fintech News Anthropic says Claude now generates more than 80% of the code merged into production, up from single-digit percentages before its February 2025 launch. The company reported that Claude can complete software engineering tasks lasting up to...

The Benchmark Company initiates buy rating on Strive with $32 price target, sees nearly 100% upside
The Benchmark Company initiates buy rating on Strive with $32 price target, sees nearly 100% upside

Strive's unique funding strategy and aggressive Bitcoin accumulation could redefine corporate treasury management and influence market valuations. The post The Benchmark Company initiates buy rating on Strive with $32 price target, sees nearly 100% upside appeared first on Crypto Briefing.

Ethereum leads RWA market cap growth across all sectors over three years
Ethereum leads RWA market cap growth across all sectors over three years

Ethereum's dominance in RWA tokenization could significantly boost its network revenue and solidify its position in the global financial system. The post Ethereum leads RWA market cap growth across all sectors over three years appeared first on Crypto Briefing.

Spark closes May with $6.4B in Savings TVL and $3.6B in SparkLend TVL
Spark closes May with $6.4B in Savings TVL and $3.6B in SparkLend TVL

Spark's growth amid DeFi challenges highlights its resilience and potential for sustainable revenue, though reliance on incentives remains a concern. The post Spark closes May with $6.4B in Savings TVL and $3.6B in SparkLend TVL appeared first on Crypto Briefing.

Zcash Fixes Critical Bug That Could Have Created Unlimited Fake ZEC
Zcash Fixes Critical Bug That Could Have Created Unlimited Fake ZEC

The post Zcash Fixes Critical Bug That Could Have Created Unlimited Fake ZEC appeared first on Coinpedia Fintech News Zcash founder Zooko Wilcox said a critical vulnerability in the Orchard shielded pool was discovered on May 29 and fixed by June 2. Security researcher Taylor Hornby found the flaw, which Shielded Labs confirmed could have allowed...

Ethereum Funding Rates On Binance Jumps To The Highest Level Of 2026
Ethereum Funding Rates On Binance Jumps To The Highest Level Of 2026

Ongoing volatility has overshadowed the Ethereum markets, which has caused its price to drop back to the $1,700 threshold. Despite the heightened bearish pressure around the leading altcoin, funding rates on crypto exchanges have started to experience a sudden uptick, reaching new highs. Binance Ethereum Funding Rates At A 2026 High The Ethereum...

Pimco’s Ivascyn warns of higher losses in credit default cycle
Pimco’s Ivascyn warns of higher losses in credit default cycle

The anticipated credit default cycle could lead to significant investor losses, highlighting the need for rigorous credit analysis and cautious investment strategies. The post Pimco’s Ivascyn warns of higher losses in credit default cycle appeared first on Crypto Briefing.

Blackstone Private Credit Fund reports nearly 10% in buyback requests for Q2
Blackstone Private Credit Fund reports nearly 10% in buyback requests for Q2

Increased buyback requests may signal investor unease, potentially impacting liquidity management and long-term performance strategies. The post Blackstone Private Credit Fund reports nearly 10% in buyback requests for Q2 appeared first on Crypto Briefing.

Bitcoin ETFs see $4.4B in outflows over record 13-day losing streak
Bitcoin ETFs see $4.4B in outflows over record 13-day losing streak

Institutional caution and profit-taking amid macroeconomic uncertainty may signal a potential market bottom, impacting future Bitcoin ETF dynamics. The post Bitcoin ETFs see $4.4B in outflows over record 13-day losing streak appeared first on Crypto Briefing.

Moomoo expands into prediction markets via Kalshi partnership
Moomoo expands into prediction markets via Kalshi partnership

Moomoo's move into prediction markets signals a growing trend of integrating diverse trading options, potentially reshaping retail trading dynamics. The post Moomoo expands into prediction markets via Kalshi partnership appeared first on Crypto Briefing.

Bernstein initiates coverage on TeraWulf, Cipher Digital with bullish price targets as AI pivot accelerates
Bernstein initiates coverage on TeraWulf, Cipher Digital with bullish price targets as AI pivot accelerates

The AI pivot of former Bitcoin miners highlights a strategic shift towards utility-like roles, potentially reshaping energy and tech sectors. The post Bernstein initiates coverage on TeraWulf, Cipher Digital with bullish price targets as AI pivot accelerates appeared first on Crypto Briefing.

Peter Brandt Warns Bitcoin May Drop Further as October Becomes Key Window
Peter Brandt Warns Bitcoin May Drop Further as October Becomes Key Window

Bitcoin has reached Peter Brandt’s February downside target, but the veteran trader says BTC could still move lower before forming a tradable bottom. In an earlier outlook, he projected a potential $300,000 to $500,000 bitcoin peak in 2029. Peter Brandt Says Bitcoin May Not Find a Tradable Low Until October Bitcoin’s latest drop has returned […]

Has The Bitcoin Crash Ended After Falling Below $70,000?
Has The Bitcoin Crash Ended After Falling Below $70,000?

Bitcoin (BTC) has crashed below $70,000, underperforming the already weak crypto market as selling pressure tests price action. Market analyst Crypto Patel noted that he had anticipated this significant drop, citing BTC’s fragile price structure and persistent bearish factors in recent weeks. Now, the expert is sharing new insights on the latest...

Jeff Dorman: MicroStrategy’s flawed balance sheet management threatens Bitcoin holders, $2 billion raised to address dividend fears, and the impact of preferred stock on market sentiment | Unchained
Jeff Dorman: MicroStrategy’s flawed balance sheet management threatens Bitcoin holders, $2 billion raised to address dividend fears, and the impact of preferred stock on market sentiment | Unchained

MicroStrategy's preferred stock strategy raises investor concerns over mounting cash obligations and market stability. The post Jeff Dorman: MicroStrategy’s flawed balance sheet management threatens Bitcoin holders, $2 billion raised to address dividend fears, and the impact of preferred stock on market sentiment | Unchained appeared first on...

Euler notifies user of $73K in unclaimed ETH from recovery process
Euler notifies user of $73K in unclaimed ETH from recovery process

Unclaimed crypto assets highlight the importance of vigilance and proactive management in digital finance, impacting user trust and asset recovery. The post Euler notifies user of $73K in unclaimed ETH from recovery process appeared first on Crypto Briefing.

US House votes to end military involvement in Iran conflict
US House votes to end military involvement in Iran conflict

The House vote signals a shift in US foreign policy, potentially impacting global energy markets and increasing scrutiny on cryptocurrency use. The post US House votes to end military involvement in Iran conflict appeared first on Crypto Briefing.

Solana proposal SIMD-0550 aims to cut $1.5B in future SOL emissions by doubling disinflation rate
Solana proposal SIMD-0550 aims to cut $1.5B in future SOL emissions by doubling disinflation rate

Accelerating Solana's disinflation could enhance token value but risks validator revenue, potentially impacting network security and stability. The post Solana proposal SIMD-0550 aims to cut $1.5B in future SOL emissions by doubling disinflation rate appeared first on Crypto Briefing.

Microchip receives US export license for advanced FPGA R&D in Armenia
Microchip receives US export license for advanced FPGA R&D in Armenia

Microchip's US export license in Armenia enhances its competitive edge, boosts R&D efficiency, and impacts crypto mining and tech sectors. The post Microchip receives US export license for advanced FPGA R&D in Armenia appeared first on Crypto Briefing.

Bitcoin HODLer Pain Surpasses FTX Crash Levels As BTC Drawdown Deepens
Bitcoin HODLer Pain Surpasses FTX Crash Levels As BTC Drawdown Deepens

On-chain data shows the Bitcoin long-term holders are now holding more underwater supply than even the lowest point of the 2022 bear market. Bitcoin Long-Term Holders In Deepest Pain Since COVID Crash As highlighted by Glassnode lead research analyst CryptoVizArt in an X post, the Bitcoin long-term holders have seen a spike in loss supply […]

Peter Todd Warns Zcash Tech Is Too Risky For Bitcoin Privacy Push
Peter Todd Warns Zcash Tech Is Too Risky For Bitcoin Privacy Push

Bitcoin developer Peter Todd has pushed back against calls to bring Zcash-style privacy into Bitcoin’s consensus layer, arguing that the cryptographic risk profile is too high for the network’s base protocol. The debate erupted after ZODL developers disclosed an issue affecting the Orchard shielded pool, briefly turning a technical incident into a...

Ripple Broadens RLUSD’s Multichain Reach, Opening New Institutional Liquidity
Ripple Broadens RLUSD’s Multichain Reach, Opening New Institutional Liquidity

Ripple USD’s multichain expansion strengthens RLUSD’s position in blockchain-based finance as Wormhole enables native movement across supported ecosystems. The integration gives institutions and developers wider access to compliant dollar liquidity for payments, tokenization, and cross-chain operations. Ripple’s Stablecoin Expansion Pushes RLUSD...

Arthur Hayes Dumps His Entire HYPE & NEAR Bag: Why?
Arthur Hayes Dumps His Entire HYPE & NEAR Bag: Why?

Arthur Hayes just hit the sell button really hard, sending shockwaves through the altocin market. Continue reading at DailyCoin.

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DeFi hack losses drop 80% from 2022 peak as security defenses improve — Immunefi

Losses from decentralized finance (DeFi) exploits have fallen by 80% since reaching a record high in 2022, according to a report released by Immunefi.

Logistics costs surge to four-year high, pressuring Fed on inflation
Logistics costs surge to four-year high, pressuring Fed on inflation

Rising logistics costs signal persistent inflation risks, complicating monetary policy and potentially delaying rate cuts, impacting investors. The post Logistics costs surge to four-year high, pressuring Fed on inflation appeared first on Crypto Briefing.

Polymarket enables betting on social media influence metrics, and bots are already a problem
Polymarket enables betting on social media influence metrics, and bots are already a problem

The rise of betting on social media metrics could intensify data manipulation, prompting regulatory scrutiny and ethical concerns in digital markets. The post Polymarket enables betting on social media influence metrics, and bots are already a problem appeared first on Crypto Briefing.

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Bitcoin (BTC), Ethereum (ETH), Stellar (XLM) and Toncoin (TON) Price Analysis for June 5: Bulls Must Overtake Control

The market's momentum is negative, which is very unlikely to cause a substantial recovery.

XRP Long-Awaited Wave Structure Finally Unfolds – What Comes Next?
XRP Long-Awaited Wave Structure Finally Unfolds – What Comes Next?

XRP has entered a pivotal stage as the wave structure traders have been tracking for months finally begins to take shape. With volatility increasing and crucial price levels approaching, the next few moves could provide valuable clues about whether XRP is nearing a bottom or preparing for another leg lower before a sustained recovery can begin....

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Dimon and Musk launch SpaceX IPO roadshow in New York

The SpaceX IPO roadshow could redefine market expectations, highlighting the growing influence of private space ventures on global economies. The post Dimon and Musk launch SpaceX IPO roadshow in New York appeared first on Crypto Briefing.

Ramp achieves $44B valuation in latest funding round
Ramp achieves $44B valuation in latest funding round

Ramp's soaring valuation underscores the transformative impact of AI in corporate finance, potentially reshaping industry standards and competition. The post Ramp achieves $44B valuation in latest funding round appeared first on Crypto Briefing.

Palantir partners with Kirkland & Ellis to develop AI tools for private equity
Palantir partners with Kirkland & Ellis to develop AI tools for private equity

The partnership could revolutionize private equity fund management, enhancing efficiency but posing significant risks if AI tools fail in compliance. The post Palantir partners with Kirkland & Ellis to develop AI tools for private equity appeared first on Crypto Briefing.

Worldcoin (WLD) Explodes 60% Weekly Despite the Crypto Massacre: Further Gains on the Way?
Worldcoin (WLD) Explodes 60% Weekly Despite the Crypto Massacre: Further Gains on the Way?

WLD flipped OKB and ICP on its way up.

Chainalysis reveals $100 million peptide market built on crypto
Chainalysis reveals $100 million peptide market built on crypto

The cryptocurrency-funded peptide market has surpassed a $100 million annual run rate after first-quarter sales jumped 159% quarter-over-quarter to $32 million, according to a new report from Chainalysis. According to Chainalysis, demand for off-label peptides has expanded rapidly beyond niche…

Reform UK receives £3M donation from crypto billionaire Harborne
Reform UK receives £3M donation from crypto billionaire Harborne

Harborne's donations highlight the increasing influence of crypto wealth in politics, raising questions about transparency and regulatory oversight. The post Reform UK receives £3M donation from crypto billionaire Harborne appeared first on Crypto Briefing.