Dollar-backed stablecoins have gained support from U.S. Federal Reserve Governor Christopher Waller, who has said their growing international use could extend the reach of U.S. monetary policy into other economies. Summary Federal Reserve Governor Christopher Waller said growing use of dollar-backed stablecoins could extend the influence of U.S. monetary policy abroad. Bank of England policymaker
HYPE continues to outperform the rest of the market, charting a fresh all-time high above $73. Hyperliquid’s native cryptocurrency, HYPE, has become one of the strongest performers in the crypto markets over the past few weeks. Just today, it exploded to a fresh all-time high above $73. The move comes amid a broader wave
More than 1,003 Ether, worth roughly $2 million, have been recovered from a failed 2016 ICO dubbed Hong Coin after a white hat hacker found a way to unlock funds that had remained trapped in a faulty smart contract for nearly 10 years. Summary A white hat hacker helped recover 1,003 ETH worth about $2
Ripple CTO Emeritus David Schwartz has outlined how the XRP Ledger could respond if a state-level attack targeted validators, node operators or core network infrastructure. Summary David Schwartz said XRPL could adapt if state pressure targeted validators or network operators. The plan points to Tor, I2P and reserve nodes as possible tools during extreme attacks.
SoftBank is going to invest a massive amount of money to construct data centers in France. SoftBank Group is making a huge move in AI infrastructure in Europe, with plans to develop and operate a whopping 5 gigawatts of AI data center capacity in France. The investment, which could reach up to 75 billion
XRP traded near $1.33 on May 31 as traders watched whether fresh exchange outflows, ETF demand and a key chart support area could help the token recover from recent weakness. Summary XRP saw 25.24 million coins leave exchanges after the year’s largest inflow signaled capitulation selling. ETF flows added $131.94 million this month, keeping institutional
BNB traded near $733 on May 31 after a strong daily breakout placed the $800 to $820 zone back on traders’ radar. Summary BNB broke above the $700 neckline, reclaiming the 200-day EMA as bullish momentum improved. MACD crossed bullish while analysts watched $800–$820 as the next major resistance zone this week. Binance’s June 1
Businesses operating in the United Kingdom must now freeze assets and transactions connected to the sanctioned platforms. The UK has targeted 18 crypto platforms, banks, and financial networks used by the Kremlin-backed “A7” payment network to bypass international economic restrictions. The sanctioned entities are accused of processing more than $90 billion in 2025 to
RAIN, the token linked to Rain Protocol, has come under scrutiny after crypto traders and on-chain investigator ZachXBT raised questions about its supply structure, liquidity activity and project links. Summary FabianoSolana claimed RAIN reached a $9B FDV while 81 wallets held nearly all supply. ZachXBT said RAIN deployer-linked wallets were active in Uni V3 liquidity
Bitcoin continues to trade under pressure after losing the critical $75K-$76K support zone, while broader market sentiment remains cautious amid weakening ETF inflows and deteriorating technical structure. However, BTC is now approaching an important confluence of technical supports around $70K-$72K, where both trendline support and the 100-day MA could provide temporary relief for the market.