June 2nd, 2026 – Dubai, United Arab Emirates class=”ql-align-justify”>Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has recently introduced a new order type optimized for larger trades. Percentage of Volume (POV) Order on Bybit Futures, an advanced algorithmic execution tool designed for traders managing large positions in volatile markets. Protecting Trading Intent to Reduce …
Monthly archives: June 2026
Fundstrat’s Tom Lee Says 2027 and 2028 Could Witness the ‘Biggest Gains in the Stock Market in Our Lifetime’ – Here’s Why
Fundstrat’s Tom Lee thinks 2027 and 2028 could represent a one-in-a-lifetime time period for stock gains. Lee says in a new interview with CNBC that stocks could witness challenges between now and December and encourages investors to remain “vigilant but generally bullish.” He notes that three potential major initial public offerings and midterm election seasonality …
Bitcoin back in ‘distribution phase’ as extreme fear grips crypto market
Bitcoin (BTC) sellers took control during the European trading session on Tuesday as the BTC/USD pair slipped below the $70,000 mark for the first time since April. Analysts said that Bitcoin has entered another distribution phase due to high selling pressure and investors realizing losses. Key takeaways: Bitcoin sees renewed distribution as short-term holders sell …
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Crypto treasury inflows fall to lowest level since 2024
Monthly inflows into digital asset treasury (DAT) companies fell to $180 million in May, the lowest level since October 2024, according to DefiLlama data. The May total was down 95% from April’s $4.4 billion and about 93% below the monthly average for January through May. The drop followed two strong months for DAT inflows, with …
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Mt. Gox moves $739M in Bitcoin from cold wallets: Arkham
Defunct Japanese crypto exchange Mt. Gox moved roughly $739 million worth of Bitcoin from its cold wallets early Tuesday, its first onchain movement in over two months, according to Arkham Intelligence data. Blockchain data shows the exchange transferred 10,306 Bitcoin (BTC), worth approximately $730.8 million, from its cold wallet to an unmarked address at 4:47 …
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Bitcoin price falls under $70K as crypto markets liquidate $800M
Bitcoin (BTC) traded below $70,000 for the first time in two months on Tuesday as sellers stayed in control. Key points: Bitcoin drops under $70,000 to new two-month lows. Analysis sees 200-day trend lines coming back into play as bulls fail to rescue BTC price action. Stocks continue to post record highs while crypto stays …
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Solana Tops All Blockchains With $91 Million in May App Revenue, Beating Ethereum
Key Takeaways Solana booked $91M in May app revenue, ahead of Hyperliquid at $53M and Ethereum at $52M. SOL trades near $81 after eight straight red months, even as its fee revenue leads every chain. Sustained fee dominance could bolster the case for Solana ETFs, which have drawn about $1.13B. Solana out-Earns Every Layer 1 …
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Ripple Unlocks 1 Billion XRP for June as US Spot ETFs Log Record $118 Million in May Inflows
Key Takeaways Ripple released 1 billion XRP from escrow on June 1, continuing its monthly programmatic unlock. U.S. spot XRP ETFs drew $118.29 million in May, their strongest month of 2026, with XRP currently hovering near $1.27. Returning escrow supply and steady ETF demand could shape XRP’s next directional move. A Routine Unlock Meets Record …
Bitcoin Traders Lose $455M on Long Bets as BTC Dips Below $70,000
Key Takeaways Strategy sold 32 BTC for $2.5M to pay debts, triggering a bitcoin drop under $70,000 on Tuesday. The bitcoin slide triggered over $470M in leveraged position liquidations in 24 hours. Bears like Peter Schiff warn of a crash, but Raoul Pal sees a standard bitcoin bull correction. Massive Liquidations Rock Crypto Traders Bitcoin …
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Brazil’s B3 Readies Tokenized Stocks for H2 2026, But Says Direct Trading Will Have to Wait
Key Takeaways B3 will adopt tokenization in H2 2026, replicating traditional databases to upgrade market structure. Rodrigo Nardoni expects a new atomic model to streamline settlement processes using stablecoin tokens. To potentially enable direct settlements, B3 next plans to launch its B3RL stablecoin in 2026. B3 Takes First Steps to Tokenize Stocks B3, Brazil’s stock …
South Africa Rules out Foreign Stablecoins as Payment Tools to Curb Dollarization
Key Takeaways On June 2, 2026, the SARB and FSCA declared that crypto assets and stablecoins are not legal tender. Wider adoption of crypto could risk NPS disruption and system stability, per economists. Next, the IFWG will analyze local currency stablecoins by late 2026 to draft new policy responses. Crypto Still Excluded From Legal Tender …
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Sosnick Warns Crypto’s ‘Tourists’ Are Cashing out as Bitcoin ETFs Bleed $1.42 Billion
Key Takeaways Interactive Brokers’ Steve Sosnick warns crypto bought by performance chasers will be sold by performance chasers. Spot bitcoin ETFs lost $1.42 billion last week, the third-highest weekly outflow on record. A real conviction-based rally, Sosnick argues, depends on holders who do not flee at the first AI-stock distraction. The “ Crypto Tourist” Thesis …
S&P 500 Closes at Record 7,599 as Stocks Outrun a Lagging Bitcoin
Key Takeaways The S&P 500 closed at a record 7,599.96 on June 1, up 0.26% on an Nvidia-led tech rally. Bitcoin opened June below $71,000 after $2.43 billion in May spot ETF outflows, lagging stocks. A widening stocks- crypto gap could test bitcoin’s correlation with risk assets into the summer. Tech Leads Indexes to Fresh …
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Warren Buffett’s Berkshire Hathaway To Acquire $10,000,000,000 Worth of Alphabet Stock As Google Ramps Up AI Infrastructure Investment
Alphabet, the parent company of Google, announced Monday it is raising $80 billion in new equity capital to expand its artificial intelligence infrastructure, with Berkshire Hathaway Inc. participating in a $10 billion private placement. According to a new press release, Berkshire says it will purchase $5 billion in Alphabet Class A common stock at $351.81 …
Robinhood enters Canada after $180 million WonderFi acquisition
Stock and crypto trading platform Robinhood has entered the Canadian market after closing a $180 million stock acquisition of local crypto technology company WonderFi, gaining the company’s licenses and regulatory approvals in the country. Robinhood said on Monday that the acquisition marks the platform’s entry into Canada and will see crypto exchanges Bitbuy and Coinsquare …
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