Author: John Smith
Plume and Ether.fi have launched a yield-bearing real-world asset vault with a $100 million exclusive allocation from Ether.fi. Summary Plume and Ether.fi launched a yield-bearing RWA vault with a $100 million exclusive allocation. Ether.fi users can access tokenized real-world asset yield directly through the ether.fi app. Plume said the vault includes institutional assets such as credit pools, CLOs, and bond ETFs. Ether.fi said demand is rising for earn products with institutional-grade risk and lower DeFi exposure. According to the press release, the allocation comes from ether.fi’s liquidity provider base, including funds, family offices, and high-net-worth individuals. Charles Mountain, ether.fi’s head…
Bitcoin has fallen more than 15% this week and briefly slipped towards $61,000, yet Standard Chartered has kept its year-end price target at $100,000 and said the current decline may offer a buying opportunity. Summary Standard Chartered kept its $100,000 Bitcoin target, saying the recent selloff may be nearing an end. Geoffrey Kendrick expects Strategy to resume Bitcoin purchases and cited resilient spot ETF inflows. The bank said recent Bitcoin liquidations were smaller than those seen in major past market crashes. According to a note sent to clients on June 4, Standard Chartered believes the factors behind the latest selloff…
Bitcoin (BTC) has fallen into bear-market territory after a sharp overnight selloff, while Michael Saylor framed the decline as a temporary capital rotation into artificial intelligence rather than a loss of confidence in the asset. Summary Bitcoin fell into bear-market territory after dropping 22.7% from its four-week high. Michael Saylor said that AI infrastructure funding caused capital to rotate away from Bitcoin ETFs. The strategy’s small Bitcoin sale raised concern because the company had not sold BTC since 2022. Strategy Executive Chairman Michael Saylor said Thursday on X that capital markets have directed about $400 billion into AI infrastructure over…
On May 29, 2026, the Commodity Futures Trading Commission cleared Coinbase to offer crypto perpetual futures to US customers, making it the first US exchange granted access to the product that dominates global crypto trading. Summary The CFTC cleared Coinbase to offer U.S. access to crypto perpetual futures, ending a long offshore gap. Perpetual futures dominate global crypto trading because they offer no expiry, funding-rate tracking, and high leverage. Coinbase’s route through Deribit and Kalshi’s BTCPERP approval create two different U.S.-regulated paths for perps. The move targets offshore and decentralized venues like Hyperliquid, but leverage risks remain central to the…
When Bitcoin slid below $62,000 in early June 2026, the crypto world reached for the nearest villain: Michael Saylor. Summary Strategy’s 32 BTC sale was too small to explain Bitcoin’s multi-day selloff or liquidation cascade. Jim Ferraioli argues Bitcoin’s real problem is that it has lost the market’s dominant momentum trade. Bitcoin has been grinding lower since its October 2025 peak, months before Saylor’s June sale. Gold, AI stocks, and IPO speculation are pulling speculative capital away from Bitcoin for now. On June 1, his company Strategy disclosed it had sold 32 Bitcoin, its first sale since 2022, and retail…
Solana price has dropped more than 27% over the past month and nearly 74% from its 2025 peak, with fresh ETF outflows and a crypto market rout sending the token to a 52-week low. Summary Solana price hit a 52-week low of $66.6, down 27% in a month and 74% from its 2025 high. Crypto liquidations topped $1.66 billion, with long positions accounting for $1.42 billion. U.S. spot Solana ETFs posted $12.7 million in outflows, their first net redemption day since May. According to data from crypto.news, Solana (SOL) price traded near $68 on June 4 after briefly touching a…
Ethereum traded near $1,777.96 on June 4 after falling 5.07% in 24 hours, according to crypto.news price data. Summary Ethereum price fell below $1,800 as sellers tested the $1,825 channel floor and key support zone. RSI and Supertrend remain bearish, but exchange supply and staking data show tighter available supply. Analysts now watch $1,700, $1,500, $2,022 and $2,360 as the next major price levels today. The token also lost 10.21% over seven days as the wider crypto market stayed under pressure. The latest move pushed ETH below the $1,825 area watched by analyst Ali Martinez. It also placed the asset…
Wyoming Governor Mark Gordon signed Executive Order 2026-03 to guide data center and advanced computing development across the state. The order is titled “Data Centers the Wyoming Way.” Summary Wyoming’s order guides AI data center growth while seeking to protect water, power and local communities. Big Tech’s $650B AI spending plan adds pressure on states with cheap land and energy. Bitcoin miners in Wyoming could benefit as more firms shift toward AI and HPC hosting. The order applies to state agencies that permit, review, regulate, support or help large data center projects in Wyoming. It asks agencies to support growth…
Cardano founder Charles Hoskinson has warned that more businesses could disappear from the network after analytics platform TapTools announced it was shutting down operations amid worsening economic conditions across the ecosystem. Summary Charles Hoskinson warned that more Cardano projects could fail following the shutdown of analytics platform TapTools. TapTools cited rising operating costs, while Hoskinson pointed to weak market conditions and funding challenges. ADA traded near $0.20, with key support at $0.22 and deeper downside risks if the level breaks. In a video published on his YouTube channel, Hoskinson said the closure of TapTools is likely not an isolated event.…
Worldcoin price has surged over 40% since late May after whale activity and network growth climbed to their highest levels of 2026, strengthening the case for a move toward the next major resistance zone near $0.65. Summary Worldcoin has surged more than 40% since late May as whale transactions, active addresses, and new wallet creation climbed to 2026 highs. A breakout from a multi-month descending triangle has pushed WLD above $0.54 and brought the $0.65 resistance zone into focus. Growing World App activity and renewed interest in AI-related tokens have supported demand despite weakness across the broader crypto market. According…