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3 Jun 2026, 15:23
Bitcoin Tests $66,900 Pivot as BlackRock Moves 6,005 BTC, Schwab Opens 24/7 Futures

Bitcoin News A new secured Visa credit card from Lava is positioning Bitcoin rewards as a mainstream consumer hook, paying 3% back in BTC for US users, 1% internationally, and 5% across a network o...
3 Jun 2026, 15:21
Bitcoin Price Analysis: What’s Next for BTC After 11% Weekly Crash?

Bitcoin has suffered a decisive breakdown from its multi-month rising channel, triggering a sharp sell-off that pushed the price toward a major support cluster around $65K. The rejection from the 100-day moving average and the inability to reclaim lost support levels suggest sellers remain in control in the near term, although BTC is now approaching an area where demand previously emerged. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin has invalidated the ascending channel structure that guided the price action for several months. After failing to hold above the channel’s lower boundary, BTC accelerated lower and lost the 100-day moving average around $73.5K, which had acted as an important dynamic support throughout the recovery phase. The breakdown below the $73K-$74K region confirms a bearish structural shift and increases the probability of a deeper correction. The asset is currently testing a key support zone around $65K-$66K, marked by a notable horizontal demand area that previously triggered strong buying interest. Any recovery attempt is likely to face significant selling pressure between $70K and $73K, while a broader relief rally could target the former channel support and the 200-day MA near $80K-$82K. If the current support fails to hold, the next major demand zone appears around $59K-$62K, which aligns with the lower blue support area visible on the chart. BTC/USDT 4-Hour Chart The 4-hour chart provides a clearer view of the breakdown. Bitcoin consolidated beneath the former support region around $73K-$74K before sellers regained control and initiated another impulsive leg lower. The recent price action resembles a textbook breakdown and retest sequence. Following the rejection from the highlighted pullback region near $71K-$74K, Bitcoin experienced an aggressive liquidation-driven decline toward the $65K support zone. The current reaction from this area suggests buyers are attempting to defend the level, but the market remains vulnerable while trading below the broken support cluster. For bulls to regain momentum, Bitcoin would need to reclaim the $71K-$74K range and establish acceptance above it. Failure to do so will likely confirm a pullback and could leave the market exposed to additional downside pressure, with the $65K support acting as the final major defense before a potential move toward the low-$60K region. Sentiment Analysis The 3-day liquidation heatmap highlights a significant concentration of short-term liquidity above the current market price. This liquidation cluster is located around $70K, with additional dense pockets extending toward the $75K region. This positioning suggests that, after such an aggressive decline, Bitcoin may eventually attempt a relief bounce to target overhead liquidity. Markets frequently gravitate toward high-liquidity zones, especially after major liquidation cascades have cleared nearby long positions. However, the heatmap also shows that most of the attractive liquidity currently sits above price rather than below it. This creates the potential for a short-squeeze recovery toward the $70K-$75K region if buyers successfully defend the $65K support area. For now, the broader trend remains bearish following the channel breakdown and the loss of the 100-day moving average. The $65K-$66K zone is the key level to monitor. Holding above it could allow Bitcoin to stage a corrective rebound toward overhead liquidity, while a decisive breakdown would likely open the door for a move toward the $60K-$62K support region. The post Bitcoin Price Analysis: What’s Next for BTC After 11% Weekly Crash? appeared first on CryptoPotato .
3 Jun 2026, 15:20
Swiss Franc Weakens Against US Dollar After Strong ADP and ISM Services Data

BitcoinWorld Swiss Franc Weakens Against US Dollar After Strong ADP and ISM Services Data The Swiss Franc weakened against the US Dollar on Wednesday, extending its recent decline after a series of robust US economic reports reinforced expectations that the Federal Reserve will maintain a cautious approach to interest rate cuts. The USD/CHF pair climbed to its highest level in several weeks, driven by stronger-than-expected ADP employment data and a solid ISM Services PMI reading. US Data Delivers a Hawkish Jolt The ADP National Employment Report showed that private sector payrolls increased by 192,000 in January, significantly above the consensus estimate of 148,000. This marks the largest monthly gain since October, suggesting the labor market remains resilient despite elevated borrowing costs. The data comes ahead of the more comprehensive nonfarm payrolls report due on Friday, which is now expected to show a similarly strong reading. Adding to the Dollar’s momentum, the Institute for Supply Management (ISM) reported that its Services PMI rose to 54.1 in January, up from 53.5 in December and above the 53.0 forecast. The services sector, which accounts for the bulk of US economic activity, continues to expand at a solid pace. The employment subindex also improved, further signaling that the labor market is not cooling as quickly as some had anticipated. Market Reaction and USD/CHF Movement The USD/CHF pair rose approximately 0.4% on the day, breaking above the 0.8700 resistance level for the first time since early January. The Swiss Franc, traditionally viewed as a safe-haven currency, has been under pressure as risk appetite improves and the Dollar benefits from higher US yields. The yield on the benchmark 10-year US Treasury note climbed to 4.18%, narrowing the yield differential with Swiss government bonds and making Dollar-denominated assets more attractive. Currency traders are now pricing in a lower probability of a Fed rate cut in March, with the CME FedWatch Tool showing odds falling to around 15% from nearly 25% a week ago. The stronger data suggests that the Fed may need to keep rates higher for longer to ensure inflation returns sustainably to its 2% target. What This Means for Forex Traders For traders and investors holding USD/CHF positions, the pair’s breakout above resistance levels signals potential for further upside if US data continues to outperform. The key level to watch is 0.8750, which served as a ceiling in late December. A sustained move above that could open the door to the 0.8800 region. On the downside, support is seen at 0.8650 and then 0.8600, where the pair traded before the data releases. The Swiss National Bank (SNB) has not intervened in currency markets recently, but policymakers have expressed concern about the Franc’s strength in the past. A weaker Franc is generally welcome for Switzerland’s export-oriented economy, as it makes Swiss goods cheaper abroad. Conclusion The combination of strong ADP employment data and a solid ISM Services PMI has reinforced the narrative of a resilient US economy, pushing the Dollar higher and weighing on the Swiss Franc. With the nonfarm payrolls report on the horizon, further Dollar strength could materialize if the data confirms the labor market’s robustness. Forex traders should remain alert to potential volatility as the week progresses, with the Fed’s policy path and global risk sentiment remaining key drivers for USD/CHF. FAQs Q1: Why did the Swiss Franc weaken against the US Dollar? The Swiss Franc weakened because strong US economic data (ADP employment and ISM Services PMI) boosted the US Dollar. The data reduced expectations for a Federal Reserve interest rate cut in March, making the Dollar more attractive to investors. Q2: What is the ADP employment report and why does it matter? The ADP National Employment Report measures changes in private sector payrolls in the US. It is closely watched as an early indicator of the labor market’s health ahead of the official nonfarm payrolls report. A stronger reading suggests a resilient economy, which can support the US Dollar. Q3: What levels should traders watch for USD/CHF? Key resistance is at 0.8750, with a break above potentially targeting 0.8800. Support levels are at 0.8650 and 0.8600. Traders should also watch the nonfarm payrolls report on Friday for further direction. This post Swiss Franc Weakens Against US Dollar After Strong ADP and ISM Services Data first appeared on BitcoinWorld .
3 Jun 2026, 15:19
Bitcoin sale by Strategy triggers market reaction, no shift in long-term plan

🚨 Strategy sold a small portion of its $BTC holdings, sparking market debate. 💸 Citi expects no change to Strategy’s long-term plans after the move. 📉 ETF flows turned negative, impacting overall crypto sentiment. 🇺🇸 Hopes fade for new U.S. crypto regulations to boost demand this year. Continue Reading: Bitcoin sale by Strategy triggers market reaction, no shift in long-term plan The post Bitcoin sale by Strategy triggers market reaction, no shift in long-term plan appeared first on COINTURK NEWS .
3 Jun 2026, 15:14
Real Finance, Anchorage Digital partner on tokenized asset infrastructure

Real Finance, an EVM-compatible Layer 1 blockchain built for real-world asset tokenization, has announced a strategic partnership with Anchorage Digital, which operates the first federally chartered crypto bank in the United States and serves as a qualified institutional custodian. The partnership is intended to support the full lifecycle of tokenized assets, including issuance, custody, settlement, servicing, and secondary-market liquidity. Under the agreement, Anchorage Digital’s regulated custody, treasury management, settlement, and institutional security capabilities will be combined with Real Finance’s issuance infrastructure, lifecycle management tools, risk visibility framework, and programmable financial infrastructure. The partnership will focus on several areas across the tokenized asset ecosystem: Treasury and ecosystem custody: Anchorage Digital will provide regulated custody and treasury infrastructure for the Real Finance ecosystem and its native $ASSET token. Foundational custody layer: As new tokenized financial instruments are launched on the Real Finance Layer 1 blockchain, Anchorage Digital is expected to serve as a custody layer supporting broader institutional participation. Mutual pipeline support: The two companies will collaborate on institutional onboarding and business development. Real Finance aims to generate additional demand for regulated custody through its asset issuers and tokenization initiatives, while Anchorage Digital will connect institutional clients with tokenization and blockchain infrastructure solutions built on Real Finance. Ivo Grigorov, CEO of Real Finance, said: "Real Finance and Anchorage Digital are collaboratively building the institutional infrastructure for the next generation of tokenized financial markets. Tokenization alone is not enough. Institutions need trusted, regulated layers that integrate custody, servicing, settlement, and lifecycle management. Together we are moving the industry from experimentation toward functional on-chain capital markets and delivering the unified experience institutions demand." Nathan McCauley, Co-Founder and CEO, Anchorage Digital, said: “RWAs are one of the clearest examples of how blockchain can modernize capital markets, but institutions need more than tokenization rails alone. They need regulated, secure infrastructure that can support custody, settlement, and lifecycle connectivity at scale. Our partnership with Real Finance brings together the core building blocks institutions need to move from isolated pilots to real onchain capital markets.” As real-world assets increasingly move on-chain, institutions require more than tokenization infrastructure alone. The tokenized asset market remains fragmented across areas such as issuance, custody and compliance, settlement, servicing, and liquidity. According to the companies, operational trust and disconnected service providers continue to be among the key barriers to the development of fully functional on-chain capital markets. Real Finance and Anchorage Digital said the partnership is intended to address these challenges by bringing together blockchain infrastructure, regulated custody, treasury management, settlement services, and tokenization capabilities within a more integrated framework. The companies said the model is designed to support a range of tokenized assets and financial products, including private credit, investment funds, real estate, structured products, and bank-integrated financial instruments. The post Real Finance, Anchorage Digital partner on tokenized asset infrastructure appeared first on Invezz
3 Jun 2026, 15:12
Kalshi Crypto Volume Tops $100M for First Time On Largest Liquidation Day Since February

On June 2, Kalshi pushed past the $100 million mark for the first time when it comes to spot volume within crypto-based event contracts. Data from Artemis shows that spot volume in this category reached $107.6 million yesterday surpassing the previous high set on March 16. The timing of this record is what makes it interesting as it landed on a day wherein the crypto markets experienced its largest liquidation event since February. A Record on the Largest Liquidation Day of 2026 June 2 saw Bitcoin slide below $67k for the first time since April 2. The total crypto market cap fell by over 5%, shedding roughly $137 billion. The dip resulted in around $1.76 billion in crypto liquidations over 24 hours, making yesterday the heaviest de-leveraging day since February 5, according to CoinGlass data. The majority of liquidations came from the long side with around $1.59 billion worth of positions wiped. The selloff didn’t come out of nowhere. Institutional demand has waned over the past two weeks adding to the bleak sentiment. Bitcoin spot ETFs are on a 12 day outflow streak, making it the longest ever losing streak since its inception in January 2024. Ethereum Spot ETFs haven’t fared any better notching 16 consecutive days of outflows. Uncertainty was compounded by the news of Saylor’s Strategy BTC sale , rattling holders who counted on the firm never touching its stack. Mt. Gox Moved Coins and the Drop Picked Up Speed Mt. Gox just moved 10,306 BTC ($731M). We’ve seen similar transfers before, tied to creditor repayments and distribution preparation. Importantly, they did not lead to immediate selling pressure. pic.twitter.com/Zz58rDdbsp — CryptoQuant.com (@cryptoquant_com) June 2, 2026 On June 2, the Mt. Gox estate moved 10,306 BTC worth about $731 million, according to CryptoQuant. Blockchain data placed the transfer in the early hours, with most of it routed to a fresh address that had no prior history. CryptoQuant analysts were quick to note the coins didn’t hit an exchange and that past transfers like this haven’t led to immediate selling. Markets didn’t wait around for that nuance. Bitcoin dropped fast as the headline crossed, and leveraged positions got run over in the move. That’s the backdrop Kalshi set its crypto record against. Same session, two very different stories. Why the Carnage Is Becoming Kalshi’s Edge Here’s the part worth sitting with. The record didn’t happen despite the liquidations. It happened because of them. When leverage breaks, traders who just got flushed need somewhere to express a view without getting wrecked again. Binary price contracts do that. You buy a “BTC above X” or “below X” contract, your downside is capped at what you paid, and there’s no liquidation price to defend. So flow rotated. Some of it as hedges, some as straight directional bets on where Bitcoin lands next. This fits a pattern that’s been building for months. Kalshi’s crypto-category volume went vertical from February, and the week ending May 17 already set a $454.2 million all-time high on Artemis numbers, flipping Polymarket’s early-year lead. A single day above $100 million is the daily version of that same trend. The bigger read is about what Kalshi is turning into. Not a sportsbook with a crypto tab bolted on the side. A volatility venue. The place flow goes when leverage breaks rather than a fair-weather add-on. If that holds, the crypto category should compound on exactly the chaos that hurts everyone else in the market. The thing to watch now is whether these levels stick. Records set during a liquidation event are easy. Holding them once the tape goes quiet is the real test, and that’s the number that’ll tell you whether June 2 was a one-off or a floor. If you're reading this, you’re already ahead. Stay there with our newsletter .








































