AI Infrastructure Investment Hits $518 Billion
@Anthropic’s pre-IPO perpetual futures traded at $1,998, down 2% in 24 hours, valuing the company at $2 trillion. Open interest exceeds $100 million across twelve exchanges. #Update #Crypto
Markets
Bitcoin Longs Wiped Out by $570 Million Loss
Crypto traders faced significant losses as $571 million in long positions were liquidated following the Clarity Act’s failed Senate vote, with $BTC and $ETH longs hit hardest. #Update #Crypto $BTC $ETH
Bitcoin Stock Surges on $50M Buyback
@BitGo announces a $50 million share buyback as its stock remains 65% below IPO price amid declining investor sentiment in crypto markets, with notable companies like Kraken halting efforts. #Update #Crypto $BTC
Uniswap Surges as AI and DeFi Trends Thrive
@Hyperliquid, @Uniswap, and @Worldcoin show resilience as other tokens stall; traders pivot towards AI and DeFi trends. #Update #Crypto $BTC
Bitcoin Eyes BOJ’s 1 Percent Rate Hike
The Bank of Japan raises its key interest rate to 1.0%, impacting global liquidity and crypto market dynamics, particularly $BTC and $ETH. #Update #Crypto $BTC
Bitcoin Struggles to Find Bottom Amid Declines
Bitcoin ($BTC) bounces to $64,000 from recent lows under $60,000, but remains below the crucial 41.5 RSI level, indicating bearish pressure persists. #Update #Crypto $BTC
Bitcoin Sale Signals Classic Bottom Behavior
@MicroStrategy sold 32 BTC at $77,135, raising $2.5M for dividends, but still holds over 843,700 BTC; Bitmine’s Tom Lee views this as typical bottom behavior amid recent market anxiety. #Update #Crypto $BTC
Coinbase Launches Local Currency in India
@Coinbase will launch direct INR payment rails for Indian customers on June 1, 2026, allowing bank transfers without intermediaries. The exchange aims to enhance accessibility and compliance in India’s growing crypto market. #Update #Crypto $BTC $ETH
HYPE Funds Attract Millions as Investors Shift
$BTC and $ETH ETFs see over $1 billion in outflows as investors shift to alternative tokens like Hyperliquid’s $HYPE, which surged 59% this month. #Update #Crypto $HYPE
Bitcoin Holds Above $80K as Altcoins Surge
Bitcoin remains above $80,000, driving altcoins higher; $SOL, $LINK, and $ICP rose 5-12%. SEC Chair Paul Atkins supports new crypto regulations. #Update #Crypto $BTC
Bitcoin Market Cap to Hit $16 Trillion by 2030
@ArkInvest predicts $BTC market cap will reach $16 trillion by 2030, driven by institutional adoption, with price potential exceeding $730,000. Current market cap is $1.5 trillion. #Update #Crypto $BTC
Dogecoin Surges 10% as Open Interest Peaks
DOGE rises nearly 10% to $0.1069 as open interest in futures hits a yearly peak of 15.36 billion tokens, indicating strong market risk sentiment amid Bitcoin’s price pullback. #Update #Crypto $DOGE
Trump Token Surges as Whales Accumulate
Large investors are accumulating $TRUMP memecoins ahead of Trump’s Mar-a-Lago gala, with notable whale withdrawals totaling over $2.7M, despite ongoing political scrutiny. #Update #Crypto $TRUMP
Inflation Fears Drive Rate Hike Expectations
Markets now anticipate Federal Reserve rate hikes this year, with a 30% chance rates will exceed 3.50%-3.75% by year-end, driven by rising inflation and energy prices. #Update #Crypto $BTC