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2 Jun 2026, 11:50

HIVE Digital slips as decline in bitcoin price hits FQ4 revenue

More on HIVE Digital Technologies Ltd. HIVE Digital Technologies: From Bitcoin Miner To AI Infrastructure HIVE Digital Pivoting Deeper Into HPC And Robotics For Long-Term Growth HIVE Digital Technologies reports Q4 results HIVE Digital stock surges as subsidiary plans high-capacity data center in Ontario Historical earnings data for HIVE Digital Technologies Ltd.

2 Jun 2026, 11:43

$110 billion erased from crypto market cap in 24 hours

Digital assets are experiencing deep sell-offs, with the overall crypto market cap crashing 4.5% and losing $110 billion over the 24 hours leading up to press time on June 2, 2026. Specifically, the cryptocurrency market cap has dropped from $2.5 trillion on Monday, June 1, to $2.39 trillion on Tuesday, June 2, as evidenced by data retrieved by Finbold from CoinMarketCap . 7-day Crypto market cap. Source: CoinMarketCap The latest crash is only one in a series of broader correction events that accelerated earlier this year. As per the same data, the total cryptocurrency market valuation sat at $2.58 trillion one week and $2.59 trillion one month ago. In other words, the crypto industry has lost roughly $200 billion in a month, with most of it erased in the past seven days. Why is crypto crashing today? Virtually all leading digital currencies have suffered losses over the past. Bitcoin ( BTC ) has plummeted 5%, below $70,000, while Ethereum ( ETH ) is again trading under $2,000, having lost around 1%. XRP was also in a bad spot, losing 3% and hovering around $1.26 as a number of bearish indicators threaten to drag it to $1.15. Most clues left in the wake of the overall crypto bloodbath point to Bitcoin. Its downturn triggered more than $766 million in liquidations across digital asset markets, which largely coincides with significant U.S. Spot Bitcoin ETF outflows . Notably, BTC investment products recorded more than $480 million in net withdrawals on June 1, more than ten times what was reported by Ethereum ETFs, which shed around $44 million. Investor sentiment was also rattled further by reports that Strategy began selling Bitcoin too. The news sent trading activity up as volatility intensified, with total crypto trading volume exceeding $110 billion over the past 24 hours, up sharply from roughly $88 billion the previous day. Fear & Greed Index continues to drop: Will crypto recover? As the crypto market cap sank, the Crypto Fear & Greed Index, a metric that tracks market sentiment, fell from 31 to 29 out of 100, placing it closer to the ‘Extreme Fear’ range. Fear & Greed Index. Source: CoinMarketCap Several factors appear to be driving the pessimism, including escalating geopolitical tensions between the United States and Iran, the already mentioned ETF outflows, and the broader decline in crypto prices. However, periods of extreme fear have often preceded market recoveries, which is likewise supported by Bitcoin’s realized volatility dropping to a multi-year low on June 1. Nonetheless, the latest crash has left traders cautious, as multiple macroeconomic and geopolitical risks still weigh on investor confidence. Featured image via Shutterstock The post $110 billion erased from crypto market cap in 24 hours appeared first on Finbold .

2 Jun 2026, 11:43

Robert Kiyosaki predicted the ‘biggest crash in history’ a year ago; the stock market did this instead

By the evening of June 1 2025, the benchmark S&P500 stock market index was essentially flat year-to-date (YTD), and the prominent author and investor, Robert Kiyosaki , voiced his belief that its next move would be a collapse . Indeed, in an X post published on the day, the ‘Rich Dad Poor Dad’ writer issued a stark warning that the year’s summer would feature ‘the biggest crash in history’ that he predicted in a different book a decade earlier. Simultaneously, Kiyosaki forecasted that millions of people would be wiped out in an apparently then-imminent stock and bond market crash. Do not say I didn’t warn anyone. As predicted in my book Rich Dad’s Prophecy (2013) the biggest crash in history is coming. I am afraid that crash time is now and through this summer. Unfortunately, millions, especially my generation of boomers will be wiped out when the… — Robert Kiyosaki (@theRealKiyosaki) June 2, 2025 Here’s how the U.S. stock market performed since Kiyosaki predicted a summer crash Reality, however, disagreed with the best-selling author. The subsequent summer months of 2025 saw the S&P 500 rally 12.77% from 5,935 on June 2 – the first trading day after the X post – to 6,693 on September 22 – the last day of summer. Through the entire year, the benchmark index soared 16.39%, and the positive performance persisted into 2026. Specifically, the S&P 500 is up 10.81% YTD this year, and rose a total of 28.03% since Robert Kiyosaki’s June 2025 prediction from 5,935 to 7,599. S&P 500 stock market index one-year chart. Source: Google How Robert Kiyosaki’s favored assets performed since June 1, 2025 Elsewhere, the performance of the assets the ‘Rich Dad’ author has repeatedly named as the wiser investments has been mixed. Bitcoin ( BTC ) – Kiyosaki’s most-discussed cryptocurrency – declined 33.84% from $104.914 to $69,409. Ethereum ( ETH ) fell 22.14% from $2,538,97 to $1,976.88. Bitcoin price 12-month chart. Source: Google On the side of commodities , the best-selling writer has had better luck. Gold – and the asset Robert Kiyosaki previously dubbed ‘God’s money’ – soared 37.11% from $3,381.87 to $4,530.48, and Silver – his other favored precious metal – fared just as well with a 119.91% rise from $34.76 to $76.44. Silver price 12-month chart. Source: TradingView Meanwhile, ‘fake money’ – the American dollar – dropped by 0.30%, judging by the performance of the U.S. Dollar Index (DXY) over the last 12 months. Featured image via The Rich Dad YouTube Channel The post Robert Kiyosaki predicted the ‘biggest crash in history’ a year ago; the stock market did this instead appeared first on Finbold .

2 Jun 2026, 11:40

Solana faces 9th red candle as price nears $50

🚨 Solana registers its ninth straight red candle in June. SOL price has tumbled from $253 to $67, testing the $80 to $50 zone. 😮 A historical pattern hints at a possible rebound in $SOL if a local bottom forms. Continue Reading: Solana faces 9th red candle as price nears $50 The post Solana faces 9th red candle as price nears $50 appeared first on COINTURK NEWS .

2 Jun 2026, 11:37

Ethereum Price Prediction: How Low Can ETH Go If $2K Support Decisively Cracks?

Ethereum remains under pressure after failing to reclaim a major resistance cluster. The price is now hovering around a key long-term support zone. The broader structure suggests sellers still dominate the market, while weakening demand from US investors adds another layer of caution. Ethereum Price Analysis: The Daily Chart On the weekly timeframe, ETH has extended its rejection from the major horizontal resistance region around $2.4K. This zone has repeatedly acted as a pivotal level throughout the current cycle and has once again capped upside momentum. The rejection has pushed the asset back toward the ascending trendline that has supported the market since the 2022 bear market bottom. ETH is currently trading around $2K, just above the trendline and the $1.8K demand zone. This area represents the most important support cluster on the chart, as it combines a horizontal support area with the long-term rising trendline. As long as ETH remains above this confluence, the long-term market structure will be intact. However, a decisive breakdown below the trendline and the $1.8K support region could trigger a catastrophic correction toward the next major support area near $1,500 and cause more panic, even among long-term investors. On the upside, the $2.4K zone remains the primary resistance. Reclaiming that area would be the first sign that buyers are regaining control and could open the door for a move toward $4.8K. Yet, with momentum conditions also remaining weak, as shown by the RSI, but not reaching the oversold region on the weekly timeframe, it seems that downside pressure has not fully exhausted itself. As a result, a deeper decline to test the critical support area is likely the scenario in the short-term. ETH/USDT 4-Hour Chart The 4-hour chart paints a similarly bearish picture. ETH continues to trade inside a descending channel. The channel is clearly identifiable by consistent lower highs and lower lows since mid-May. Following the rejection from the $2.15K supply zone, the market resumed its downward trajectory and is now returning to the lower boundary of the channel. The price is currently moving inside the $1.95K to $2K support area, which is preventing a sharper decline. Yet, the bearish channel structure remains the dominant technical feature. As long as ETH stays below the upper boundary of the pattern and beneath the $2.15K resistance zone, short-term momentum favors sellers. A breakdown below the current support region could expose the liquidity pocket around $1.95k and potentially lead to a long liquidation cascade and push the price deeper to test the lower boundary of the channel. Conversely, a successful defense of the $1.95k area followed by a breakout above the channel’s upper trendline would likely be the first indication of a broader recovery toward $2.15K and potentially the key weekly resistance at $2.4K. Sentiment Analysis The Coinbase Premium Index continues to signal weak spot demand from U.S. investors. The metric has remained predominantly in negative territory throughout May and has recently declined toward approximately -0.13. This is one of its lowest readings in the past year. Historically, sustained positive Coinbase Premium readings tend to accompany periods of strong institutional and U.S.-based buying activity. In contrast, the current negative values indicate that ETH is trading at a discount on Coinbase relative to offshore exchanges, suggesting weaker demand from a key segment of the market. This weakness aligns with Ethereum’s ongoing downtrend and helps explain the market’s inability to reclaim the $2.4K resistance zone. While deeply negative Premium readings can sometimes precede local bottoms as selling pressure becomes exhausted, the metric currently shows little evidence of aggressive accumulation. So, unless the Coinbase Premium Index begins to recover and move back toward positive territory, supply and demand dynamics continue to support the cautious outlook implied by the technical structure. The post Ethereum Price Prediction: How Low Can ETH Go If $2K Support Decisively Cracks? appeared first on CryptoPotato .

2 Jun 2026, 11:36

Cardano Price Prediction: ADA Active Addresses Had Grown By 14% as CME Launch 24/7 Trading

Cardano price and its prediction might be bearish, but on-chain data shows ADA’s largest holders quietly stacking while retail sentiment stays cautious. The catalyst is CME Group’s rollout of 24/7 cryptocurrency futures and options trading , effective May 29. This structural upgrade extends the institutional trading window around the clock, with only a brief weekly maintenance break. Simultaneously, CME already listed ADA futures in standard and micro sizes back in February, and Cardano now has a direct derivatives pipeline into regulated institutional markets. Following it, active addresses climbed 14% even as price softened, and the 10M–100M ADA whale cohort lifted its supply share from 36.48% to 37.23% over three weeks. Right now, ADA is consolidating inside a derivatives-driven structural upgrade. CARDANO WHALES ACCUMULATING: 10M-100M $ADA COHORT AT 37.23% OF SUPPLY, ACTIVE ADDRESSES +14% TO 17,500; WHALE BUYING STARTED 18 DAYS BEFORE SUMMIT VOTE FAILED — BDN NEWS WIRE (@BCDNewsBot) June 2, 2026 Discover: The Best Crypto to Diversify Your Portfolio Cardano Price Prediction: Can ADA Recover? ADA is currently pinned in a technically indecisive range. It looks like the coin is still going for a more drawdown, but could flip at any time. Its immediate resistance sits at the $0.28, and meaningful support at the current price. The technical setup has three plausible paths. If CME 24/7 flow draws incremental derivatives volume into ADA-linked contracts and with its spot follow, the price could clear $0.25 ahead of the August spot ETF eligibility window. Cardano (ADA) 24h 7d 30d 1y All time Or, ADA could grind sideways between $0.22 and $0.24 while the market digests the failed governance vote. Yes, the Cardano Foundation’s 7.8M ADA summit-funding request pulled just 65.21% support against a required 66.67% supermajorit. Last scenario would be an invalidation: a break below $0.2 reopens the $0.18 area and signals that whale accumulation wasn’t sufficient to absorb sustained sell pressure. The 14% active address growth is a legitimate tailwind. It suggests network utility is expanding even while price stalls. Discover: The Best Token Presales Maxi Doge Is Offering Early ADA’s Potential ADA is still in decline, but reclaiming its ATH at above $3 is not easy. Here, Maxi offers a structurally different proposition than catching early momentum in an asset still in price discovery. That gap between “recovering” and “multiplying” is where rotation-minded traders tend to look hardest. Maxi Doge ($MAXI) is a meme token built on Ethereum that leans hard into the leverage-trading, gym-floor energy of crypto bull cycles. The tagline is blunt: never skip leg day, never skip a pump . It is not a subtle project. Keep on grinding fam. pic.twitter.com/oHSnyg5RGc — MaxiDoge (@MaxiDoge_) May 29, 2026 The presale has raised $4.7 million at a current price of $0.00028 , with a huge 66% staking APY available to holders. The ecosystem includes holder-only trading competitions with leaderboard rewards, a Maxi Fund treasury built for liquidity and partnerships, and meme-first viral marketing. Capital rotation into meme-sector plays has been accelerating even as large-cap alts consolidate. Explore Maxi Doge here. The post Cardano Price Prediction: ADA Active Addresses Had Grown By 14% as CME Launch 24/7 Trading appeared first on Cryptonews .