Bitcoin closed May near $70,600 after losing roughly 8% to 10% during a month dominated by rising inflation, higher Treasury yields, and escalating geopolitical uncertainty, according to a market report from Finestel. Summary Finestel said Bitcoin ended May near $70,600 after inflation concerns, rising Treasury yields, and geopolitical tensions triggered a market pullback. The report
Bitcoin has fallen more than 16% over the past month even as the S&P 500 has gained 5%, a divergence that Charles Schwab says is being driven less by crypto-specific problems and more by investors chasing opportunities elsewhere. Summary Charles Schwab’s Jim Ferraioli says Bitcoin has struggled as investors chase momentum in AI stocks, commodities
Bitcoin fell below $63,000 on Thursday as the selloff in the crypto market deepened. Summary Bitcoin dropped below $63,000 as sellers broke the May range and liquidations crossed $1.1 billion. Analysts now watch $60,000, $55,000 and $50,000 as pressure builds across Bitcoin derivatives markets. RSI and MACD readings show Bitcoin is deeply oversold, but bearish
Concerns over illicit finance remain high after reported crypto-related criminal flows jumped 162% last year. Over 160 former national security, intelligence, and law enforcement officials are pushing the U.S. Senate to advance the CLARITY Act, arguing that it would strengthen efforts to combat illicit finance in the crypto space. The appeal was made in
Israeli tax authorities have received far fewer crypto tax corrections than expected under a voluntary disclosure program that offers criminal immunity to eligible taxpayers. Summary Israel’s crypto tax disclosure program has received only 58 filings despite expectations of up to $1 billion in revenue. Globes reported that disclosures have covered about $50 million in crypto
In crypto news today (June 3), crypto is proving the old adage of ‘Sell in May and go away,’ as June continues its bearish trend throughout crypto. Bitcoin crashed below $67,000 overnight, falling by -4.2% over the past 24 hours. The crash caused more than $1.8Bn in daily liquidations, with over $1.54Bn of that figure
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
Solana has launched native subscription and recurring payment infrastructure directly on its blockchain, audited by security firms Cantina and Spearbit, live on mainnet, and already being integrated by companies including Helius, Confirmo, and Dynamic. It arrives at a pointed moment: SOL’s on-chain DEX volume has dropped more than 86% from its meme coin peak in
Treasury alleged that Iranian crypto exchanges enabled sanctions evasion while processing transactions connected to the IRGC and regime insiders. The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Nobitex, Iran’s largest digital asset exchange, along with three other Iranian crypto exchanges. The move is part of the Donald Trump
SpaceX has outlined plans for a record $75 billion stock market debut that would value Elon Musk’s space and AI company at about $1.77 trillion. Summary SpaceX plans to raise $75 billion through an IPO that would value the company at about $1.77 trillion. Elon Musk would keep 82.4% voting control after the offering, according