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2 Jun 2026, 12:46
Ripple 12-Year IPO Delay Threatens XRP; Shiba Inu (SHIB) Eyes Price Squeeze on Record Supply Drop; Stellar (XLM) and MoneyGram to Launch USD Stablecoin - Mornin...

SBI's 12-year Ripple IPO timeline fractures XRP sentiment, while MoneyGram challenges RLUSD with a Stellar stablecoin, and a record supply drop points to a SHIB price squeeze.
2 Jun 2026, 12:45
Strive Doubles Down on Bitcoin With $185M Buy, Holdings Near 19,000 BTC

Asset management company Strive Asset Management has expanded its exposure to the largest cryptocurrency with a sizeable new purchase announced by the firm’s CEO minutes ago. The acquisition of an additional 2,500 BTC, bought for just over $185 million, signals continued institutional confidence in the asset despite recent market uncertainty and Strategy’s latest move. CEO Matt Cole outlined on X that the average acquisition price was $74,092 per unit. The firm’s total stash has grown to approximately 19,000 BTC, which cements its position among the more aggressive institutional accumulators. According to the post, Strive has strong internal performance metrics tied to its BTC strategy. Quarter-to-date (QTD) BTC yield stands at 23%, while year-to-date (YTD) yield has risen to 36.7%. The firm also disclosed an “amplification ratio” of 57%. The metric is often used to reflect the firm’s ability to enhance its Bitcoin exposure relative to its capital base, potentially through structured financial strategies. Aside from the substantial BTC accumulation, Strive aims for a more cautious financial buffer. It confirmed that it has increased its cash reserves to secure an 18-month dividend runway, a move suggesting a balanced approach between aggressive Bitcoin exposure and shareholder stability. Strive acquired an additional 2,500 $BTC for ~$185.2M at an average cost of ~$74,092 per bitcoin. STRIVE SNAPSHOT Bitcoin holdings: 19,000 QTD BTC Yield: 23.0% YTD BTC Yield: 36.7% Amplification ratio: 57.0% Cash was increased to maintain 18-month dividend reserve. $ASST $SATA pic.twitter.com/eTPHmMHBh1 — Matt Cole (@ColeMacro) June 2, 2026 The company has been a long-term supporter of the leading cryptocurrency. As reported last year, it outlined plans to accumulate up to 75,000 BTC, mostly through Mt. Gox sales. Interestingly, the latest accumulation was announced during a week in which Strategy, the world’s largest corporate holder of the cryptocurrency, sold a small portion of its holdings. The post Strive Doubles Down on Bitcoin With $185M Buy, Holdings Near 19,000 BTC appeared first on CryptoPotato .
2 Jun 2026, 12:45
Bitcoin Futures Market Flashing Overheating Signals as BTC Dips Below $70,000

BitcoinWorld Bitcoin Futures Market Flashing Overheating Signals as BTC Dips Below $70,000 Bitcoin’s recent slide below the psychologically significant $70,000 mark has exposed a growing fault line in the derivatives market. While spot market demand appears to be contracting, data from the futures market reveals a contrasting picture of aggressive, leveraged speculation. This divergence is raising concerns among analysts about the potential for a cascading liquidation event, commonly known as a ‘long squeeze.’ Record Open Interest Meets High Funding Rates According to data reported by CoinDesk, open interest in Bitcoin futures has surged to approximately 773,000 BTC. This level approaches all-time highs, a threshold that has historically preceded periods of heightened volatility. The concern is not just the size of the open interest, but the cost of holding these positions. The Bitcoin funding rate, a periodic payment between long and short traders to keep the market balanced, has climbed to an annualized level of around 10%. This means that traders betting on higher prices are paying a significant premium to maintain their positions. In a stable or rising market, such a cost is manageable. However, in a declining market, it adds financial pressure on top of the losses from the price drop itself. The Anatomy of a Potential Long Squeeze The core risk scenario unfolds as follows: as the spot price of Bitcoin falls, leveraged long positions move closer to their liquidation thresholds. If the price decline is sharp enough to trigger a wave of forced liquidations, the exchange must sell the underlying collateral (in this case, Bitcoin or stablecoins) to cover the losses. This selling pressure pushes the price down further, which in turn triggers more liquidations, creating a feedback loop that can accelerate a decline rapidly. The current market structure is particularly vulnerable because the high funding rate suggests that many long positions are held by speculators rather than spot buyers. When spot demand is weak, there is less natural buying pressure to absorb the selling from liquidations. What This Means for Investors For traders, the immediate takeaway is the elevated risk of a sharp downward move. The market is pricing in a high probability of continued upward momentum, but the data suggests a fragile foundation. For longer-term investors, this type of market structure often serves as a warning signal. Historically, periods of extreme futures market leverage have preceded significant corrections, as the artificial demand from leveraged longs is unwound. The situation does not guarantee a crash, but it does create a scenario where a relatively small negative trigger—a regulatory announcement, a macroeconomic data point, or a large sell order—can lead to outsized price moves. Conclusion The Bitcoin derivatives market is sending a clear signal: the combination of near-record open interest and high funding costs in a declining spot market is a classic setup for a long squeeze. While the market could stabilize or reverse, the risk of a sudden, violent liquidation event is elevated. Investors should be aware of this structural fragility and manage their exposure accordingly. FAQs Q1: What is a ‘long squeeze’ in cryptocurrency markets? A long squeeze occurs when a sharp price decline forces leveraged long position holders to sell their assets to cover losses, which accelerates the price drop and triggers further forced selling. Q2: What is the Bitcoin funding rate and why is it important? The funding rate is a periodic fee exchanged between long and short traders on perpetual futures contracts. A high funding rate (like the current 10% annualized) indicates that longs are paying a premium to stay open, making them more vulnerable to price declines. Q3: Does high open interest always lead to a price crash? No. High open interest can also indicate strong market participation and liquidity. However, when combined with a declining spot price and high funding rates, it becomes a warning signal for potential cascading liquidations. This post Bitcoin Futures Market Flashing Overheating Signals as BTC Dips Below $70,000 first appeared on BitcoinWorld .
2 Jun 2026, 12:44
CHZ surges 7% on Chiliz fan token partnership

Chiliz has emerged as one of the best-performing cryptocurrencies among the top 100 by market capitalization on June 2nd. The token is up 7% over the past 24 hours and has climbed above the $0.03500 level. The positive performance comes as Chiliz announces a key partnership. In addition, CHZ's technical indicators have turned bullish, suggesting the potential for further gains in the near term. Royal Belgian Football Association to launch fan token on Chiliz CHZ is outperforming the broader cryptocurrency market after Chiliz announced a strategic partnership with the Royal Belgian Football Association (RBFA). On Monday, the Chiliz team revealed that it had partnered with the RBFA to launch an official fan token for the Belgian national team on the Socios.com fan engagement platform. With this development, Belgium joins a global network of national teams on Socios.com, including Argentina, Portugal, Italy, and South Africa. Commenting on the partnership, Peter Willems, CEO of the Royal Belgian Football Association, said: “This collaboration will allow us to create innovative digital experiences and bring fans closer to our teams. As we continue to evolve our fan engagement strategy, we look forward to creating meaningful interactions that strengthen the bond between our teams and supporters around the world.” Chiliz has recorded an increase in fan token launches in recent months ahead of the FIFA World Cup later this month. The team added that the official Belgium Fan Token Offering (FTO) will begin on the Socios.com app on June 3, 2026, at 10:00 CEST and run for 24 hours until June 4, 2026, at 10:00 CEST, or until the allocation is sold out. A total of 2 million BELG fan tokens will be issued at a launch price of $1.00 per token. Chiliz technical outlook: CHZ could extend gains above $0.040 The CHZ/USD four-hour chart remains bearish despite the token's positive performance over the past 24 hours. However, momentum indicators suggest the bearish trend may be losing strength, opening the door for a potential bullish move. The Relative Strength Index (RSI) stands at 57, above the neutral 50 level, indicating that selling pressure is fading. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator is approaching the neutral zone, further supporting the view that bearish momentum is weakening. If bulls regain full control of the market, CHZ could break above the four-hour Transactional Liquidity (TLQ) resistance level at $0.0374. A daily close above that level could pave the way for a move toward the $0.0435 zone, which the token last tested within the past two weeks. Source: TradingView The monthly high near $0.050 remains the next major hurdle for buyers. However, if bearish pressure returns, CHZ could retest Monday's low of $0.0327 in the coming sessions. A break below that support level could expose the token to further downside, potentially sending it toward the $0.031 area for the first time since February 27. The post CHZ surges 7% on Chiliz fan token partnership appeared first on Invezz
2 Jun 2026, 12:40
Glassnode Data Shows Bitcoin Long-Term Holder Losses Still Far From Historic Bottoms

BitcoinWorld Glassnode Data Shows Bitcoin Long-Term Holder Losses Still Far From Historic Bottoms New data from on-chain analytics firm Glassnode reveals that Bitcoin long-term holders are currently sitting on an unrealized loss of approximately 15.5% of their portfolio value. While significant, this figure remains well below the extreme pain levels observed at previous market cycle bottoms, suggesting the current bear phase may have further to run. Unrealized Losses: A Key Market Signal Glassnode’s Relative Unrealized Loss metric measures the proportion of paper losses held by investors who have held their Bitcoin for at least 155 days. At 15.5%, long-term holders are currently shouldering an unrealized loss of about 15.5 cents for every dollar of their portfolio’s value. In past extreme bear cycles, this figure has exceeded 50 cents per dollar—a 50% loss—when the market reached a definitive bottom. The current reading indicates that, while sentiment is clearly negative, the market has not yet reached the capitulation levels seen in prior downturns. What This Means for the Market Cycle The data provides a sobering counterpoint to narratives that the worst of the sell-off is over. Historically, Bitcoin bear markets have ended only when long-term holders were willing to absorb losses exceeding 50% of their holdings, often accompanied by a period of prolonged sideways price action. The current 15.5% level suggests that either the market has not yet fully priced in the macro headwinds, or that this cycle is structurally different from previous ones. Analysts caution that while the metric is a useful historical reference, it should not be used in isolation to predict exact price bottoms. Why This Matters for Investors For retail and institutional investors alike, the Glassnode data serves as a reality check. The relatively low unrealized loss among long-term holders implies that many are still unwilling to sell at a loss, which can delay the final washout phase that typically resets the market. This dynamic can lead to a prolonged period of low volatility and gradual price erosion, rather than a sharp capitulation event. Understanding where we are in the cycle relative to historical extremes helps investors set realistic expectations and avoid premature calls of a market bottom. Conclusion Glassnode’s latest on-chain analysis highlights that Bitcoin long-term holders, while under pressure, are not yet experiencing the severe losses that have marked previous cycle bottoms. The 15.5% unrealized loss figure is a valuable data point for assessing market health, but it also underscores that the current bear cycle may still have room to develop. Investors should continue to monitor on-chain metrics alongside broader macroeconomic factors for a more complete picture. FAQs Q1: What is the Relative Unrealized Loss metric? A: It is an on-chain metric developed by Glassnode that measures the proportion of paper losses held by Bitcoin long-term holders relative to the total value of their portfolio. It helps gauge the level of financial stress among experienced investors. Q2: Why is the 15.5% figure significant? A: Historically, Bitcoin bear markets have ended only when this metric exceeded 50%, indicating extreme financial pain. The current reading of 15.5% suggests the market is still far from that capitulation point. Q3: Does this mean Bitcoin prices will fall further? A: Not necessarily. While the data suggests the market has not yet reached historical bottom conditions, it is only one indicator. Other factors, such as macroeconomic shifts, regulatory changes, or adoption trends, could alter the cycle’s trajectory. This post Glassnode Data Shows Bitcoin Long-Term Holder Losses Still Far From Historic Bottoms first appeared on BitcoinWorld .
2 Jun 2026, 12:30
Bitcoin Could Benefit From A Global Debt Reckoning, Bitwise Argues

Bitwise is looking past Bitcoin’s recent slide and toward a much larger pressure point: close to $30 trillion in global debt that needs refinancing in 2026. The firm said higher Japanese government bond yields and a warning from the IMF about waning demand for government debt could push markets into a tighter corner, a setup Bitwise believes may eventually favor Bitcoin. Debt Pressure Returns To Center Stage According to Bitwise, that kind of stress could matter if central banks answer with fresh liquidity. The firm framed Bitcoin as an asset that sits outside government balance sheets and does not depend on a central issuer, which gives it a different role when sovereign borrowing becomes harder to manage. The report also linked Bitcoin’s appeal to real interest rates. Bitwise said the asset has tended to do better when real yields fall, and that a mix of sticky inflation and a pause from the Federal Reserve could help set that up. Bitcoin’s May rally lost steam after a sharp run above $80,000. It briefly reached about $83,000, then slipped back toward $70,000 after ETF outflows gathered pace and sentiment cooled. Bitcoin recovered above $80k in May 2026 before stalling at the $80k–$85k bull-bear threshold and subsequently falling to $72k. ETP outflows, sovereign bond stress, and record hodling defined the month. Read the full edition of our latest Bitcoin Macro Investor below. pic.twitter.com/oM5ctCIVxW — Bitwise in Europe (@Bitwise_Europe) June 1, 2026 A Tough Range For Traders Bitwise said the move higher was helped by a short squeeze, stronger on-chain signals, and about $166.5 million in net inflows into Bitcoin ETPs. Long-term holders also added about 125,000 BTC during the prior month, which gave the rally some support. That picture changed fast. Global Bitcoin ETPs saw more than $1 billion in net outflows, and the firm said that pressure knocked confidence lower as Bitcoin failed to clear the $80,000 to $85,000 band. Bitwise called that zone the market’s main dividing line. It said price action around that range will keep shaping whether traders view the market as healthy or fragile. Holding Patterns Keep Tightening Supply Even with weaker demand, Bitwise said the supply side is moving in a tighter direction. Long-term investors now hold a record 14.85 million BTC, or about 73% of the circulating supply. The firm added that 60% of Bitcoin has not moved in more than a year, 48.5% for more than two years, 42.8% for more than three years, and 33% for at least five years. That kind of inactivity, Bitwise said, is squeezing available supply while buyers have been slower to return. The report also argued that Bitcoin still looks cheap beside major US tech stocks. It said Bitcoin’s MVRV ratio sits below its long-run average, while the Nasdaq 100’s price-to-book reading is near record highs. Price Levels Still Matter Bitwise pointed to $78,000 to $80,000 as the key area to watch, with $83,000 to $85,000 marked as the first major ceiling. It listed $73,000 as important support and $95,000 as the next upside target. At the time of writing, Bitcoin was trading at $69,460, down 4.7% in the last 24 hours, data from Coingecko shows. Featured image from FXStreet, chart from TradingView











































