Crypto News
Crypto correction vaporized $176B in investor funds: Are bears back in control?
Bitcoin and altcoin prices crumbled as BTC lost the $70,000 level. Will investors’ pivot to AI stocks continue to weigh on crypto markets?
Published Date: 2026-06-02 21:16:33Creator: Cointelegraph by Marcel Pechman
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Crypto PACs pour $3M into Maryland races as California voters head to polls
An affiliate of a political action committee backed by crypto companies ramped up spending on ads in California ahead of Tuesday’s primaries, but still has millions of dollars at stake in Maryland later this month.
Published Date: 2026-06-02 21:06:39Creator: Cointelegraph by Turner Wright
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Coinbase invests in ProShares ETF tailored for stablecoin reserve assets
The exchange has invested an undisclosed amount in ProShares’ Treasury-focused ETF built for the post-GENIUS era as lawmakers debate whether stablecoin issuers can offer yield-bearing products.
Published Date: 2026-06-02 20:09:26Creator: Cointelegraph by Sam Bourgi
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Bitcoin’s $224K ‘fair value’ may emerge if sovereign debt fears deepen: Bitwise
A sovereign default-risk model estimates Bitcoin’s fair value at $224,000, as rising debt risks and bond-market stress could strengthen the asset’s long-term investment case.
Published Date: 2026-06-02 19:28:01Creator: Cointelegraph by Biraajmaan Tamuly
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Bitcoin gets new $50K target after BTC price crashes 6% in a day
Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions.
Published Date: 2026-06-02 17:54:18Creator: Cointelegraph by William Suberg
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CFTC chair claims Gemini case was politically motivated, seeks to reverse settlement
The CFTC chair seeks to roll back an enforcement action on the company founded by Cameron and Tyler Winklevoss, donors to Donald Trump’s 2024 campaign and attendees at White House events.
Published Date: 2026-06-02 17:39:30Creator: Cointelegraph by Turner Wright
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Movement expands stablecoin payments push with access to US, Canada, EU rails
The Move-based blockchain network said it gained access to licensed payment infrastructure as it shifts toward stablecoin settlement and remittances.
Published Date: 2026-06-02 17:26:18Creator: Cointelegraph by Sam Bourgi
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Zama accelerates compliance after court lifts $12.5M USDC freeze
Privacy protocol Zama says it will accelerate compliance measures after a court lifted a $12.5 million USDC freeze tied to an unrelated legal dispute.
Published Date: 2026-06-02 15:28:08Creator: Cointelegraph by Christina Comben
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Georgia targets illegal crypto mining in Mestia crackdown: Report
Georgia will reportedly install electricity meters across Mestia to curb illegal crypto mining after officials blamed miners for grid strain and outages.
Published Date: 2026-06-02 15:02:29Creator: Cointelegraph by Zoltan Vardai
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Kaiko acquires Amberdata in blockchain data consolidation push
Kaiko acquired Amberdata to expand its institutional crypto data platform with derivatives analytics, onchain tools and AI-powered research.
Published Date: 2026-06-02 14:43:46Creator: Cointelegraph by Zoltan Vardai
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