Latest Crypto News & Market Updates

Ethereum Price Prediction: How Low Can ETH Go If $2K Support Decisively Cracks？

Ethereum remains under pressure after failing to reclaim a major resistance cluster. The price is now hovering around a key long-term support zone. The broader structure suggests sellers still dominate the market, while weakening demand from US investors adds another layer of caution.　　Ethereum Price Analysis: The Daily Chart　　On the weekly timeframe, $ETH has extended its rejection from the major horizontal resistance region around $2.4K. This zone has repeatedly acted as a pivotal level throughout the current cycle and has once again capped upside momentum. The rejection has pushed the asset back toward the ascending trendline that has supported the market since the 2022 bear market bottom.　　$ETH is currently trading around $2K, just above the trendline and the $1.8K demand zone. This area represents the most important support cluster on the chart, as it combines a horizontal support area with the long-term rising trendline.　　As long as $ETH remains above this confluence, the long-term market structure will be intact. However, a decisive breakdown below the trendline and the $1.8K support region could trigger a catastrophic correction toward the next major support area near $1,500 and cause more panic, even among long-term investors.　　On the upside, the $2.4K zone remains the primary resistance. Reclaiming

06-02Exchange

Debate on CLARITY Act continues this week as US Senate returns

US Senate consideration of the Digital Asset Clarity (CLARITY) Act is likely resume as members reconvene this week after an extended Memorial Day holiday.　　Many US lawmakers and crypto industry leaders are pushing for consideration of the CLARITY Act, a crypto market structure bill introduced by Republicans and passed by the House of Representatives in July 2025.　　The bill, expected to give more authority to the federal commodities regulator over digital assets, passed two crucial committees before the one-week break. It has been debated in Congress amid pushback from industry and banking representatives over stablecoins, tokenized equities and other issues.　　“This will be actually the biggest financial regulatory bill that Congress has done in quite some time, certainly since Dodd-Frank,” Coinbase chief policy officer Faryar Shirzad said in a Monday Fox Business interview, referring to a 2010 law in response to the 2008 financial crisis.　　Coinbase chief policy officer Faryar Shirzad. Source: Fox Business　　JPMorgan CEO Jamie Dimon said on Friday that the banking industry would not accept the CLARITY Act as written, arguing that the bill allows crypto companies to pay interest on user deposits and stablecoin balances.　　This week, lawmakers in the Senate will have the opportunity to start consolidating the versions of market

06-02Exchange

Bitcoin falls to 2-month low as divergence to equities deepens

Bitcoin fell to its lowest level in almost two months on Tuesday as cryptocurrencies continue to diverge from traditional equity markets.　　Bitcoin (BTC) fell to a low of $70,023 on Coinbase early on Tuesday, its lowest level since April 7, marking a daily decline of more than 4% and a weekly loss of 8%, according to TradingView. Bitcoin is down 44% from its October peak of $126,000.　　US stock markets such as the S&P 500 have meanwhile hit a record high of just over 7,600 points on Monday, while the tech-heavy Nasdaq peaked at over 27,000 points.　　Andri Fauzan Adziima, research lead at Bitrue Research Institute, told Cointelegraph that some analysts have noted that Bitcoin is the only major asset in contraction right now, and the divergence is notable.　　“It shows Bitcoin is trading more like a high-beta risk asset tied to macro sentiment rather than an independent hedge,” he added.　　“This gap highlights current weakness, but it also sets up potential for stronger relative performance once macro conditions improve. I view it as a temporary phase in the cycle, not a permanent shift.”　　Analytics platform Santiment said on Monday that “the gap between traditional equities and crypto has become increasingly difficult for traders to ignore.”　　“This

06-02Exchange

Coinbase Stock tests $190 resistance while the daily chart stays weak

COIN — daily chart with candlesticks, EMA20/EMA50 and volume.Daily Technical Outlook for Coinbase StockTrend and Moving Averages　　On the daily timeframe, COIN sits below the 20-day EMA at $190.84, the 50-day at $192.79, and the 200-day at $224.23. For Coinbase Stock, trading under this 20/50/200-day stack keeps the primary bias bearish until those levels are reclaimed.　　Momentum and Volatility　　Daily RSI(14) is 48.64, hovering just under the midline. Momentum is neutral to soft, not yet a trend reversal.　　Daily MACD remains below the signal with a negative histogram (line -2.71, signal -0.58, hist -2.13). Therefore, downside momentum still outweighs any nascent bounce.　　Bollinger Bands place the mid near $194.77with the lower band at $174.18. Because price is below the mid-band, overhead remains capped.　　Daily ATR(14) is 13.5, indicating enough volatility to widen both upside squeezes and downside air pockets. The daily pivot sits at $186.57with R1 at $194.29and S1 at $181.31. Closing above the pivot improves near-term footing; however, the $192–$195zone is the first real test.　　Intraday Outlook: 1-Hour and 15-Minute Context1-Hour Momentum and Levels　　Meanwhile, the 1-hour chart shows a counter-trend push. Price is above the 20-EMA ($184.56) and 50-EMA ($186.11) but still just under the 200-EMA at $189.93. Intraday momentum is positive, yet the 200-hour acts

06-02Exchange

Strive unveils $4.2B fundraising push to accelerate Bitcoin buys

Strive has expanded its fundraising plans by $4.2 billion as the Bitcoin treasury company seeks additional capital for future $BTC purchases.　　According to a June 1 X post by Strive chief executive Matthew Cole, the company expects to increase the size of its at-the-market programs tied to ASST and SATA securities by $2.1 billion each. The proposed expansion would add a combined $4.2 billion in new fundraising capacity.　　Strive expects to increase the size of both the $ASST and $SATA ATM programs by $2.1 billion each, reflecting a sustained increase in liquidity and demand for both securities.　　We will provide a balance sheet update tomorrow pre-market.　　— Matt Cole (@ColeMacro) June 1, 2026　　Cole stated that the decision follows rising liquidity and investor demand for both securities. He also said Strive plans to release an updated balance sheet before U.S. markets open on Tuesday.　　The announcement comes days after the company disclosed another large Bitcoin acquisition. In an 8-K filing submitted on May 26, Strive reported buying 1,109 $BTC between May 19 and May 22 for approximately $85.4 million. The filing showed an average purchase price of roughly $76,988 per coin.　　Following that transaction, Strives Bitcoin holdings increased to 16,500 $BTC. Data cited in the filing placed

06-02Exchange

Binance adds US stock trading in push beyond crypto

Binance has launched US equities trading for eligible users and plans to add tokenized stocks as part of a broader push to expand beyond crypto.　　Users will be able to trade more than 7,000 stocks and exchange-traded funds (ETFs) with zero commission, buy fractional shares from $5 and access select equities on a 24/5 basis, according to an announcement shared with Cointelegraph.　　The exchange said it is also planning to introduce tokenized stocks as part of its vision for a “multi-asset financial super app.”　　The move puts Binance more directly in competition with Coinbase and other platforms trying to bring stocks, ETFs, derivatives and tokenized assets into a single trading account. Coinbase rolled out commission-free US stock and ETF trading with 24/5 availability in December 2025.　　“Tokenization has the potential to reshape financial markets by giving users greater control, more flexibility, and ultimately more financial freedom,” said Binance co-CEO Richard Teng. “We see a significant opportunity to make financial assets more accessible, more useful, and more connected across traditional and digital markets.”　　The new offering, bStocks, is enabled through Binance‘s broker-dealer, Nest Trading Limited, based in Abu Dhabi’s International Financial Center (ADGM).

06-01Exchange

Bitmine acquires 26,497 ETH as it targets a slower approach to 5% of Ethereum's total supply

Ethereum treasury firm Bitmine has acquired an additional 26,497 $ETH, worth about $52 million at todays prices. This boosts its total ether holdings to 5,416,901 $ETH, according to an announcement on Monday.　　Bitmine Chairman Tom Lee predicted the firm is “expected to reach” its goal of holding 5% of the total ($ETH) supply “sometime in 2026.” It currently holds 4.49% of the total, with Ethereums circulating supply estimated at 120.7 million coins.　　$ETH is currently trading at $1,978, according to The Blocks price page, off about 30% year-to-date and down 60% from its all-time high of $4,946. The crypto industry in general has been trading rough, even as major stock indexes like the Salchemy of 5% sometime in 2026,” Lee said in a statement.　　Bitmine shares (BMNR) are trading around $19, down 1.40% on the day and 39% year-to-date.　　Bitmines $ETH accumulation has slowed in recent weeks, in line with a previous announcement from Lee stating it would rein in its pace of acquisition from up to 100,000 $ETH per week, which would reach the 5% target in mid-July. Earlier this year, the firm announced acquisition sizes between 45,000 and 76,000 $ETH per week.　　That said, Bitmine added nearly 112,000 $ETH last week, capitalizing on

06-01Exchange

Strategy STRC Pays Farmer's Father 11.5% Yield, Critics Call It a Bitcoin Bait and Switch

A farmers son posted online that his father received 0.96% more Strategy STRC shares in a single day, and X posts like it, even the skeptical ones, have ignited a debate that cuts to the core of what bitcoin is meant to be.　　Key Takeaways:Critics like Glenn Cameron warn STRC trades Bitcoin sovereignty for counterparty risk to a sub-investment grade company.Strategy holds a June 8 vote on more frequent dividends, while a 411 $BTC Coinbase Prime transfer sparked brief sell fears.　　Dad Earns 11.5% on Strategy STRC Shares　　The post spread quickly across crypto social media this weekend. The son described calling his father after the man noticed the new shares in his brokerage account. His fathers reaction was simple and direct.　　“Ive never been paid this kind of money just for someone else to hold my money,” the father said. “I mean, someone is always holding it, the bank, the man in the moon, the cow next door, whatever. But nothing like 11 or 12%!”　　The father, who comes from a farming background, received his returns through Strategys STRC preferred stock, a security currently listed by the company at 11.5% annualized as of May 2026. Strategy sells STRC shares at a $100 stated amount

06-01Exchange

Solo Home Miner Wins $232K Bitcoin Block With a $300 Machine at 149 Million-to-1 Odds

A solo home miner running a consumer-grade Canaan Avalon Nano 3S beat odds of roughly 149 million to one, winning Bitcoin block 951771 this weekend, and collecting a reward worth approximately $232,000.　　Key Takeaways:A solo home miner using a Canaan Avalon Nano 3S at 6.68 TH/s won Bitcoin block 951771 on May 30, 2026, at 4:27:23 p.m. Eastern Time (ET).The block reward of 3.1404 $BTC was worth approximately $232,000, paid out via Braiins Solo pool.Roughly 20 to 24 solo home mining wins have occurred in the past 12 months, with odds of about 1 in 149 million per block.　　One Block, One Machine　　The block was mined at approximately 00:27 UTC through Braiins Solo, a pool designed for solo miners who want to keep the full reward if they find a block. The winning machine hashed at 6.68 terahash per second (TH/s) and drew just 140 watts of power. For context, the Bitcoin networks implied hashrate at the time was around 1,000 exahash per second (EH/s) or 1 zettahash per second (ZH/s).　　The Canaan Avalon Nano 3S retails for roughly $250 to $300. It is compact, quiet at 33 to 40 decibels, and connects via Wi-Fi or Ethernet. Canaan markets it for home use,

06-01Exchange

Arbitrums 22M ARB transfer sparks concern – Why traders watch THIS support

Arbitrum-linked wallets transferred 22 million $ARB worth approximately $2.3 million to Coinbase during the last 24 hours, drawing attention to potential supply entering the market.　　Data showed that one wallet still held 55.89 million $ARB valued at $5.87 million, while Arbitrum:Gnosis retained 85.22 million $ARB worth $8.94 million. However, the broader exchange picture pointed in a different direction.　　Over the past seven days, nearly $11 million worth of $ARB left centralized exchanges, indicating that investors continued moving tokens into self-custody. This contrast highlighted a growing tug-of-war between possible distribution from team-linked wallets and steady accumulation from market participants.　　Can $ARB defend its final support？　　Price action weakened considerably after $ARB fell below its ascending channel, which had guided the recovery from March through early May.　　Following the breakdown, sellers pushed the token toward the critical $0.1006 support level, where $ARB traded near $0.1028 at press time. The decline also placed the market well below the $0.1164 resistance zone and significantly beneath the major barrier at $0.1447.　　The MACD line remained below the signal line, while the histogram stayed negative despite showing reduced downside pressure compared to earlier readings.　　Although selling activity eased slightly, buyers had not yet reclaimed key levels. Therefore, $ARB remained vulnerable unless demand returned

06-01Exchange

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