hodler

3 Jun 2026, 13:32

Mastercard Opens Stablecoin Settlement to 6 Partners Across USDC, RLUSD and PYUSD

Mastercard is expanding its global settlement network to include regulated stablecoins, intraday options, and weekend and holiday processing, giving card issuers and acquirers new tools to manage liquidity beyond traditional banking hours. What Mastercard Is Enabling The payments giant announced plans to support onchain card settlement using stablecoins alongside existing fiat processes. Partners will be

3 Jun 2026, 13:30

WLFI Raises Alert: Sanctioned Wallets Could Trigger Crypto Transfer Blocks

Senators Elizabeth Warren and Jack Reed had already been watching World Liberty Financial (WLFI) closely before Tuesday’s compliance notice, calling on US authorities last year to review whether addresses tied to Russia, North Korea, and the blacklisted privacy mixer Tornado Cash had bypassed the project’s early presale screenings. Built-In Controls Come Into Focus WLFI rejected those allegations, saying it applies strict anti-money laundering and identity checks and turned away millions of dollars during its presale process. But the project’s admission that its smart contracts carry hard-coded powers to freeze , restrict, or burn wallet balances put those claims under a new kind of scrutiny — one that sits uneasily with the DeFi branding the project has leaned on. The compliance warning published on X on Tuesday was direct. World Liberty Financial , the crypto venture linked to US President Donald Trump, told users that transfers involving sanctioned individuals, organizations, or wallet addresses may be delayed, restricted, or rejected. The company said the controls exist to meet regulatory requirements around prohibited transactions. As a reminder, and in light of recent sanctions updates, World Liberty Financial maintains risk-based sanctions compliance controls designed to support applicable legal and regulatory obligations across relevant jurisdictions. Transactions involving sanctioned persons, entities,… — WLFI (@worldlibertyfi) June 3, 2026 The notice landed the same day the US Treasury Department moved against several Iranian cryptocurrency platforms. The Office of Foreign Assets Control sanctioned Nobitex — Iran’s largest crypto exchange — along with Wallex, Bitpin, and Ramzinex, and named executives connected to those platforms. Treasury Secretary Bessent said Nobitex processed transactions tied to Iran’s Islamic Revolutionary Guard Corps and helped move funds even after US military operations disrupted the country’s communications infrastructure earlier this year. The Geopolitical Pressure Behind The Warning While Iran’s economy is in free fall, the regime has chosen to co-opt digital asset technologies for its own corrupt agenda, including evading sanctions and transferring wealth out of the country, Bessent said. He called the crackdown proof that Trump’s maximum pressure campaign had been working. WLFI told users to check that their funds and wallet addresses have no connection to prohibited activity before making any transfers. The project said it will keep reviewing transactions for sanctions-related risks going forward. The compliance posture runs into some friction with how the project has been described publicly. While the underlying smart contracts operate on public, decentralized rails, the application layer is bound by federal rules on prohibited transactions. Reports indicate that anchor investor Justin Sun had flagged the protocol’s unilateral enforcement capabilities — the same controls WLFI is now pointing to as evidence of its compliance readiness. Featured image from Unsplash, chart from TradingView

3 Jun 2026, 13:29

Bitcoin's lack of fresh investors matters more than Strategy's sale, Citi says

Strategy's unloading of bitcoin may have rattled markets, but Citi said the bigger issue for BTC is a missing bid from new buyers.

3 Jun 2026, 13:25

Bitcoin Potential Near-Term Bullish Reversal Emerging From The Sub-$70K Plunge

Summary Bitcoin plunged 16% over the past two weeks and briefly fell below the US$70,000 psychological level after MicroStrategy’s partial Bitcoin sale shattered the long-standing "never sell" narrative that had supported market sentiment. Despite the sharp decline, several contrarian indicators suggest selling pressure may be nearing exhaustion, including an extremely oversold daily RSI reading, a surge in long-position liquidations, and signs of renewed accumulation by long-term holders. Technical and on-chain metrics indicate the potential for a near-term bullish reversal above the key US$62,250 support level, with upside targets at US$74,880 and US$82,815 if buying momentum returns. By Kelvin Wong The plunge and its fundamental catalysts On Monday and Tuesday (June 1-2, 2026), the cryptocurrency market absorbed a significant psychological blow. Spot BTC/USD tumbled sharply, slipping below the $70,000 psychological threshold and falling 16% over the past two weeks. It printed an intraday low of $65,370 on Wednesday, June 3, 2026. The dominant driver of this week’s movement was the revelation that Strategy ( MSTR ), the world’s largest corporate holder of Bitcoin, sold a portion of its holdings for the first time in four years. While the market impact is less about the absolute volume of the sale and more about the erosion of consensus, it effectively shattered founder Michael Saylor’s widely echoed “never sell” iron law. This pivot disrupted the pricing anchor the market had historically relied on, injecting uncertainty and triggering a wave of defensive selling. Technical and on-chain analysis suggesting a setup for a bullish reversal Fig. 1: Bitcoin (BTC/USD) medium-term trend as of June 3, 2026 (Source: TradingView) The information presented is historical information, and past performance is not indicative of future performance. The 16% plunge in BTC/USD has left it hovering just above its $62,250 key medium-term pivotal support and the lower boundary of its long-term secular ascending channel running from the December 2018 low. In addition, the daily RSI momentum indicator hit a significant oversold level of 21.8 on Tuesday, June 2, 2026, its lowest since February 5, 2026, triggering a 35% rally in BTC/USD over the next three months. Secondly, utilising TradingView’s crypto derivatives indicators for crypto futures and perpetual swaps, such as from Bybit, Binance, and OKX. Aggregated long liquidation data (derived from various exchanges) spiked to $482 million on Tuesday, June 2, 2026, indicating that many leveraged long positions in Bitcoin futures and perpetual swaps were forced closed due to margin calls. A similar rise in long liquidations ($481 million) also occurred on February 5, 2026, when capitulation led to a 35% rally in BTC/USD. Thirdly, on-chain indicator: the percentage of 1-year active supply for Bitcoin has declined steadily over the past three weeks, from 40.3% on April 23, 2026 to 39.3% on Wednesday, June 3, 2026, at the time of writing. Active supply 1-year measures the total number of unique cryptocurrency units that have moved at least once over the past one year. This metric tracks the portion of supply that has been involved in on-chain transactions during the trailing 365-day period. A decreasing active supply often signals accumulation by long-term holders, a bullish condition for Bitcoin in the current context. Hence, based on these factors, BTC/USD is now ripe for a potential near-term bullish reversal above the $62,250 key medium-term support, with intermediate resistance at $74,880. A clearance above it would signal a retest of the $82,815 medium-term resistance (also close to the 200-day moving average). On the other hand, a daily close below $62,250 invalidates the recovery scenario and extends the corrective decline towards the $57,590/52,590 long-term pivotal support zone. Original Post

3 Jun 2026, 13:24

Bitcoin Falls as Record ETF Outflows and Strategy Sale Hit Sentiment

3 Jun 2026, 13:24

Binance sets July 3, 2026 as NFT shutdown deadline! What are the details investors need to act on?

🚨 Binance ends all centralized NFT services on July 3, 2026! 🟢 Holders must move their $BNB NFT assets out before the deadline for continued access. 📄 Non-transferable certificate NFTs will be replaced by PDF documents. 💸 Early withdrawals receive a 1 USDC bonus per eligible transaction for a limited time. Continue Reading: Binance sets July 3, 2026 as NFT shutdown deadline! What are the details investors need to act on? The post Binance sets July 3, 2026 as NFT shutdown deadline! What are the details investors need to act on? appeared first on COINTURK NEWS .