Author: WebDesk

The cryptocurrency market crash has deepened, with XRP falling to the $1.2 price level. CoinGecko’s XRP data shows that XRP’s price has dipped by 5.7% in the daily charts and 14.3% over the previous month. XRP last traded at around this price level in early February of this year. With volatility high, let’s discuss what’s pulling the market down and how much lower XRP’s price could go.Source: CoinGeckoWhy Is XRP’s Price Crashing And How Low Could It Go?Source: CryptoNewsXRP’s latest correction comes amid a market-wide dip. Bitcoin (BTC) fell to the $65,000 price level earlier today. Most other assets are…

Michael Saylor’s Strategy sold 32 BTC during the May 26-31 period, generating approximately $2.5 million to fund distributions for preferred stock. This information emerged right before Bitcoin slid back to the $70,000-$71,000 range. What caught the market’s attention was not the scale of the transaction, but the fact that Strategy sold BTC for the first time since 2022, after years of associating its image with Saylor’s “never sell” strategy.The First Sale Since 2022According to the Form 8-K filed with the U.S. Securities and Exchange Commission (SEC) on June 1, Strategy sold 32 BTC during the May 26-31 period, netting about…

Luisa Crawford Jun 03, 2026 04:12 Bitwise CIO Matt Hougan says crypto shifts to a contrarian bet amid AI stock dominance. What this means for traders and institutional flows. Crypto’s status as a market darling is fading, according to Bitwise CIO Matt Hougan, who argues the asset class has shifted from a momentum trade to a contrarian bet. In a June 2 market note, Hougan cited the spectacular rise of artificial intelligence (AI) stocks as a key reason for the shift, with crypto now requiring a “long-term orientation” rather than a speculative mindset.…

Artificial intelligence is advancing rapidly, but the industry faces a major challenge: access to computing power. Training and running modern AI models requires enormous amounts of hardware, particularly high-performance GPUs, which are largely controlled by a handful of major cloud providers. This concentration of resources has made AI development increasingly expensive and difficult for smaller teams to access.Gensyn aims to solve this problem by creating a decentralized infrastructure network for AI. By connecting unused computing resources from around the world, Gensyn seeks to build an open marketplace where developers, researchers, and AI agents can access the compute power they need…

XRP is trading near the lower end of its recent range as broader crypto markets remain under pressure. Bitcoin has slipped below support levels, while geopolitical tensions and macroeconomic uncertainty continue weighing on investor sentiment. Despite the weakness, one analyst argues that the long-term case for XRP remains intact and says the current pullback could create one of the best buying opportunities before the next major rally.Middle East Tensions Could Trigger Another Market DropAccording to the analyst, the biggest risk right now comes from escalating tensions in the Middle East.He pointed to warnings from major oil producers that crude prices…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The broader crypto market pulled back as Bitcoin (BTC) briefly slipped below the $67,000 level on Tuesday, and that weakness quickly spread to other major chains. In the weekly timeframe, Solana (SOL) and Cardano (ADA) each recorded a 10% retrace.  Against that backdrop, market expert Anders Bylund of The Motley Fool published a fresh comparison of the two networks—followed by a clear call on which one he believes is the better pick at this stage. Solana’s Quick History Bylund frames Solana as a network built for speed…

Darius Baruo Jun 03, 2026 00:11 The UK House of Lords warns strict BoE stablecoin rules risk stifling GBP-pegged token innovation. Recommendations prioritize viability and competitiveness. The House of Lords has urged the Bank of England (BoE) to rethink elements of its proposed regulatory framework for pound sterling stablecoins, warning that overly strict rules could render the market commercially unviable. In a report released June 2, the Financial Services Regulation Committee endorsed swift regulatory action but criticized measures such as unremunerated deposit mandates and temporary holding limits as potentially damaging to innovation and…

A crypto analyst has presented a new bull case for Dogecoin (DOGE), sharing a long-term chart setup that he says mirrors the same pattern that led to the meme coin’s explosive rally in 2021. He also pointed to repeating sentiment shifts across market stages, where traders often doubt early moves before chasing prices at higher levels. Dogecoin Forecasted To Hit $2 Soon Market analyst Crypto Patel shared a new Dogecoin chart setup on X, projecting a potential rally toward $2 in this cycle. He based his bullish view on historical market patterns, with emphasis on the strong structure seen during…

Crypto-backed political groups have expanded their election spending as several US primaries test the industry’s influence in Congress. Summary Crypto-backed PACs have increased spending in US congressional primaries as digital asset policy becomes a key election issue. FEC filings show Protect Progress spent millions supporting Democratic candidates in California, New Jersey, Maryland, and New York. Fairshake-linked groups are targeting lawmakers based on their crypto policy positions as Congress reviews major digital asset bills. According to filings with the US Federal Election Commission, Fairshake-linked groups backed by Coinbase, Ripple, and other crypto supporters have directed millions of dollars into House and…

Senators Bernie Sanders and Elizabeth Warren are calling on the Trump administration’s Labor Department to scrap a rule that would open America’s retirement savings accounts to Bitcoin and other cryptocurrencies — a move the lawmakers say puts workers’ financial futures at risk while lining the pockets of President Trump and his family. In a 14-page letter sent Monday to Acting Labor Secretary Keith Sonderling, Sanders (I-VT) and Warren (D-MA) joined House Education and Workforce Committee ranking member Rep. Bobby Scott (D-VA) to condemn a proposed Department of Labor rule floated in March. The rule would give 401(k) plan fiduciaries cover…