Crypto News Today (June 1): BTC Crashes Below $73K as the US Bombs Iran, Sparking Panic
In crypto news today (June 1), the market has started the new month in a precarious position, with Bitcoin dropping -1.4% overnight, losing key support at $73,000, and currently trading around $72,700. However, ETH USD, in typical fashion, has performed…
Banks Fear Stablecoins as Yield Threatens Deposit Business: Report
According to the analyst, banks can earn as much as 28% on loans while paying depositors less than 1%, a spread stablecoins are challenging. Popular crypto analyst EGRAG CRYPTO has claimed that banks are fighting stablecoins not because they…
Pavel Durov brings back Gram as TON enters sts next big test
TON has rallied after Telegram founder Pavel Durov said the network’s native token will revert to its original name, Gram. Summary Pavel Durov said Toncoin will be renamed Gram, restoring the token’s original identity as defined in TON’s first white…
XRP News: The Ripple ‘North Star’ Thesis and Why XRP Isn’t Pumping
In XRP news today, Ripple has spent the better part of three years signing banking partners, expanding cross-border payment corridors, and navigating a landmark SEC lawsuit to a partial legal victory, and XRP’s price has spent much of that same…
Zcash (ZEC) Flashes Fresh Buy Signal; Is $642 the Next Stop?
Despite skepticism after its rally, ZEC could climb higher, according to one analyst. Zcash (ZEC) has surged nearly 1,000% over the past year and is up almost 50% over the past month alone. The privacy-focused crypto asset is flashing…
Could options replace liquidations in Vitalik’s new DeFi vision?
Vitalik Buterin has proposed an options-based design for crypto index products that could reduce DeFi’s dependence on forced liquidations. Summary Vitalik Buterin proposed an options-based DeFi design to reduce reliance on sudden liquidation systems. Buterin said options contracts could help…
Sui Crypto Network Crashed 3 Times in 48 Hours After a Single Upgrade Bug: Is SUI Actually Safe?
Between Thursday and Friday, June 1, 2026, the Sui Crypto Network stopped processing transactions not once, not twice, but three times in under 48 hours, the result of a software bug introduced in a recent protocol upgrade. SUI fell roughly…
Bitcoin’s Price Drops Toward $71K as Total Liquidations Surpass $500 Million
Another sudden drop took place in the crypto markets, causing over $130 million in liquidations in less than an hour. Bitcoin’s price took yet another hit in recent hours, dropping toward $71,000 after failing to maintain the weekend momentum…
Where SoftBank stands to benefit on Japan’s stablecoin plans
Japan’s ruling party is pushing crypto ETFs and yen stablecoins, and that could turn SoftBank from a crypto-adjacent conglomerate into a central piece of Japan’s on-chain financial infrastructure. Summary Japan’s LDP wants a legal framework for crypto ETFs and broader…
ADA Holders Just Voted to Cancel the Cardano Summit Proposal, Self-Sabotage?
ADA holders just vetoed a 7.8 million ADA proposal, roughly $2 million, to fund the Cardano Summit 2026 in Singapore, and the Cardano Foundation has confirmed the event is cancelled. That outcome matters beyond one conference. It is the clearest…
