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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-02T15:11:16+00:00

Hyperliquid is beating ethereum in trading volume on some days as big money rotates, says FalconX

Institutional investors are ditching range-bound bitcoin and ether for Hyperliquid as the decentralized platform wins over hedge funds with massive liquidity and early access to hot markets, according to Joshua Lim, head of markets at FalconX.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-02T14:08:52+00:00

How to better understand bitcoin’s perpetual identity crisis

Here, Bailey unpacks the uncertainty surrounding the original cryptocurrency’s nature, which creates inconsistent market behavior.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-02T13:00:00+00:00

Movement pivots to stablecoin payments as the layer-2 boom loses momentum

The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to target the roughly $685 billion remittance market serving low and middle-income countries.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-02T12:38:03+00:00

Live markets: bitcoin loses $67,000 level in Tuesday plunge, putting February's lows back in play

Google overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into AI (and not crypto).

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-02T12:23:38+00:00

Strive added 2,500 bitcoin last week to reach 19,000 BTC as Strategy sold

Benchmark's Mark Palmer also initiated coverage of the stock with a Buy rating and $32 price target as ASST shares fell about 4% pre-market.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-02T12:23:38+00:00

Strive adds 2,500 bitcoin to hit 19,000 BTC a day after Strategy turns seller

Benchmark's Mark Palmer initiated coverage with a Buy rating and $32 price target as ASST shares fell 3.59% pre-market.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-02T12:12:02+00:00

Bitcoin derivatives markets flashing warning signs as price plunges below $70,000

Open interest has risen to 773,000 BTC, one of the highest readings on record, while funding rates remain elevated despite weak spot demand and growing market fear.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-02T12:05:26+00:00

Tom Lee calls Strategy's bitcoin sale classic 'bottom behavior'

Bitmine Immersion Technologies chairman said minor sales from key holders and institutional outflows are typical market bottom behaviors rather than structural threats.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-02T10:00:35+00:00

Bitcoin drops toward $69,000 as Saylor sale spooks investors while AI tokens buck the trend

The price of bitcoin fell to its lowest since April 7 as Strategy's sale dented sentiment, while AI tokens H and NEAR surged and DeFi TVL hit a 20-month low.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-02T06:41:29+00:00

XRP falls 4% below $1.30 as bitcoin-led market weakness pulls down majors

XRP hit fresh 15-week lows after losing a key support zone, with exchange outflows failing to offset persistent selling pressure.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-02T05:00:34+00:00

Strategy sold bitcoin in late May, and told the market in June. Here's how Polymarket bettors are fighting over when it counts.

A $79 million market hinges not on whether Michael Saylor's firm sold bitcoin, but on whether a sale disclosed June 1 can count toward a deadline that passed May 31.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-01T17:59:06+00:00

Crypto funds suffer second-largest outflows of 2026 while XRP and HYPE attract inflows

Investors pulled $1.67 billion from digital asset investment products last week, with bitcoin funds posting their largest weekly outflow of the year, according to a recent report from CoinShares.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-01T17:01:41+00:00

Ethereum's Vitalik Buterin is rethinking how DeFi handles market crashes

In a research post published Monday, Buterin proposed creating index-tracking assets using options contracts rather than the debt-based structures that underpin much of DeFi today.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-01T14:49:32+00:00

Strategy’s bitcoin sale sparks a $14 million betting chaos on Polymarket

The 8-K filing by Strategy Monday disclosed sales for the period May 26 to May 31, but the disclosure was issued on June 1. Polymarket's May 31 contract is sitting at 81% Yes and in review, while bettors argue over whether the onchain transactions or the filing date controls.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-01T12:29:14+00:00

Live markets: Bitcoin retreats under $72,000 as Strategy unloads BTC for first time in four years

Crypto markets continue to struggle even as risk markets across the globe surge higher.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-01T12:07:17+00:00

Michael Saylor's Strategy sold 32 bitcoin for $2.5 million to fund dividend payments

The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-01T06:57:05+00:00

Citi predicts the tokenized securities market will grow to $5.5 trillion by 2030

Stablecoins alone will generate a demand for up to $1 trillion worth of onchain U.S. Treasury bills and $2.6 trillion for tokenized stocks, said Citi.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-06-01T05:41:31+00:00

XRP drops to $1.32 as sellers overpower exchange outflows

XRP hit a 15-week low before stabilizing, with traders watching whether the latest washout turns into a base or another leg lower.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-05-31T23:30:00+00:00

Coinbase makes a major play for India’s booming $3 billion crypto market with local currency launch

Coinbase announces INR rails to make the platform fully accessible to Indian retail traders.

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CoinDesk (EN)CoinDesk (EN)
CoinDesk (EN)2026-05-31T13:00:00+00:00

Bitcoin's wild days are over — and Trace Mayer says that's a good thing

The creator of the Mayer Multiple argues bitcoin’s growing economic substance is compressing volatility and attracting deeper capital.

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