Invest ideasNews
2 Jun 2026, 14:04
How high can NEAR price go in June?
NEAR has rebounded from a key historical support zone, reviving a bullish fractal that preceded 2,375% and 900% rallies in previous cycles.
2 Jun 2026, 14:02
Pundit to XRP Holders: The CLARITY Act Will Make a Lot of People Rich
A piece of legislation moving through the U.S. Senate has crypto investors paying close attention. Crypto pundit John Squire (@TheCryptoSquire) made a direct claim to his followers, stating that the CLARITY Act will make a lot of people rich. The post attracted a wave of responses from the crypto community, with opinions split on whether the bill is a catalyst for wealth or a threat to decentralization. THE CLARITY ACT WILL MAKE A LOT OF PEOPLE RICH. — John Squire (@TheCryptoSquire) June 1, 2026 What Is the CLARITY Act? The Digital Asset Market Clarity Act aims to define how digital assets are regulated in the U.S., including which tokens fall under the SEC and which markets fall under the CFTC. The latest version expanded from the January draft, adding new language on stablecoin rewards, insider trading, bankruptcy protections, and implementation timing. The Senate Banking Committee advanced the CLARITY Act in a 15-9 bipartisan vote on May 14 after months of stalled progress. The vote was not without friction. Democrats offered amendments to address law enforcement concerns and an ethics provision. Elizabeth Warren proposed amendments that would harm XRP and other assets. However, most were voted down or ruled out of order. The bill must now pass the full Senate, align with the House version, and receive the president’s signature. Markets reacted positively after the committee vote, with XRP reaching $1.54 for the first time since March. This bullish response and the bill’s positive impact on the crypto space prompted Squire and many others to believe the CLARITY Act will make many XRP investors rich. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What the Community Is Saying Reactions to Squire’s post were mixed. Kenny Nguyen, another well-respected pundit, agreed with the claim outright, calling it fact. Another commenter pushed back, arguing that the bill’s real beneficiaries will be lawyers and compliance consultants, not builders. One commenter questioned whether Squire and others were ignoring the bill’s potential downsides. He specifically highlighted the risk that crypto moves from a decentralized model to one controlled by banks. Another echoed that concern, saying the entire premise of digital currency is decentralization, and that centralized bank control defeats its purpose. Coinbase CEO Brian Armstrong initially pushed against certain parts of the bill , but he was heavily criticized. The rest of the industry has now come to a consensus. The CLARITY Act has momentum. Whether it delivers the wealth Squire predicts depends on what parts of the bill survive the full Senate. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Pundit to XRP Holders: The CLARITY Act Will Make a Lot of People Rich appeared first on Times Tabloid .
2 Jun 2026, 14:00
Solana Takes Aim At Hyperliquid With Push For Fully Onchain Perps
Solana Foundation is moving to back teams building fully onchain perpetual futures, setting up a clear challenge to the market structure that has powered Hyperliquid’s rapid rise. The initiative targets one of crypto’s most lucrative trading segments: perps, where volume still sits largely on centralized exchanges or hybrid venues. Solana Vs. Hyperliquid The Foundation framed the push as a bid to move derivatives execution more fully onto Solana, without relying on the offchain components that still underpin much of the sector. “Perpetuals are one of the most important financial primitives in crypto,” the Foundation wrote on X. “Solana makes it viable to run them fully onchain, without sacrificing the performance real participants and institutions require.” Perpetuals are one of the most important financial primitives in crypto. Solana makes it viable to run them fully onchain, without sacrificing the performance real participants and institutions require. We want to support teams building onchain pic.twitter.com/7m50BzoZZ3 — Solana Foundation (@SolanaFndn) June 1, 2026 The timing is notable. Hyperliquid has become the reference point for onchain derivatives , turning perpetual futures into one of the strongest product-market-fit stories in crypto. While Solana did not name Hyperliquid in its announcement, the competitive subtext is hard to miss. In its post, the Foundation argued that most perp volume still flows through centralized exchanges or through hybrid architectures that use offchain sequencers and matching engines. “We view that as a transitional state, not a permanent one,” the Foundation said. “We want to support teams building onchain perps, other derivatives, and the applications around them, that prioritize price discovery infrastructure. Our support takes several forms: distribution, technical assistance, and above all, capital.” That language matters because it draws a line between merely settling crypto trades onchain and running the entire execution path onchain. The foundation said it wants to support systems where every order submission, oracle update, match, cancellation and settlement happens onchain. For a chain that has long marketed itself around high throughput and low latency, perps are an obvious stress test: the product requires fast updates, deep liquidity, competitive market making and credible settlement. The Foundation also made clear that it is not looking for pool-based pricing models as the center of this effort. It said it is interested in “models where price is set based on two-sided flow, not pool-based or as a function of deposits,” including orderbooks, RFQ systems with genuinely competing makers, or alternative designs where active participants set bids and offers against each other. That is where the Hyperliquid comparison becomes especially relevant. Hyperliquid’s success has shown that crypto traders will use onchain or semi-onchain derivatives venues when the trading experience is fast, liquid and expressive enough. Solana Wants Revenue Back Onchain The announcement also included a more ecosystem-specific requirement: teams should build “Solana-first.” The Foundation said it wants projects optimized for SOL’s design and culture, with application revenue structurally routed back to the chain, preferably at the protocol level from launch rather than left to future governance decisions. That is a pointed detail. In the current perps market, the battle is not only over where traders execute, but where fees, order flow and liquidity incentives accrue. A successful Solana-native perps venue would not merely add another DeFi app; it could become a recurring source of transaction activity, MEV-adjacent flow, validator economics and ecosystem-level liquidity. The Foundation also said it is open to teams that have already built offchain or hybrid perps products and want to migrate to a fully onchain model. “We’ll support existing teams with a live product that are willing to explore a fully onchain, on-Solana model,” it said. Open source is another filter. “Onchain integrity means little if the code behind it can’t be inspected,” Solana Foundation wrote. “Contributing to Solana culturally means contributing in the open.” The initiative is not limited to core perps protocols. Solana said it also wants complementary infrastructure, including frontend integrations, vaults, structured products, aggregators, advanced trading interfaces, market making operations and social trading applications. Grants may be available through Solana Foundation funding channels or local Superteam chapters. At press time, SOL traded at $79.54.
2 Jun 2026, 14:00
Key Reasons Behind Bitcoin Price Breakdown Below $70k
With today’s drop of 3.3%, the Bitcoin price breaks below $70,000 and triggers $270 million in long liquidation. Spot Bitcoin ETFs witnessed an 11-session streak of net outflows, removing approximately $3.45 billion from the market. Renewed wallet activity linked to the Mt. Gox bankruptcy estate revived concerns about potential creditor distributions and additional Bitcoin entering circulation. Bitcoin, the largest cryptocurrency by market capitalization, plunged 3.3% before the opening bell in the U.S.market on Tuesday, currently trading at $68,836. The sell-off can be linked to several catalysts, including geopolitical tension, ETF outflow, and institutions selling. Market data also highlighted cascading liquidation and breakdown below key support as additional pressure in the Bitcoin price correction. Key Reasons Why Bitcoin Price Extended Correction below $70k Within a month, the Bitcoin price has tumbled from $82,458 to its current trading value of $69,336, accounting for a loss of 15.74%. Consequently, the asset’s market cap dropped to $1.39 trillion. The pullback gained its momentum from a couple of reasons, mentioned below: Institutional Demand Weakens Amid 11-Day ETF Selling Streak A primary catalyst behind this directional downtrend is constant outflow from the spot Bitcoin exchange-traded funds (ETFs) , indicating a slowdown in institutional demand and direct selling pressure. The market suffered 11 consecutive trading days of net outflows heading into June, draining a massive $3.45 billion in liquidity from the system. This has shaken the reliable institutional buy wall that had previously sustained higher prices. Bitcoin Spot ETF History Data Middle East Tensions Trigger Risk-Off Sentiment in Crypto Another factor that triggered a sudden shift in market sentiment is escalating geopolitical tension in the Middle East. Just yesterday, Iran announced that they are ending all negotiations with the U.S., following the constant violation of ceasefire agreements, including Israel’s attack on Lebanon. The decision pushed Brent crude oil futures back to $95 per barrel on Monday, triggering energy inflation concerns and a more hawkish rate decision from the Federal Reserve. Michael Saylor-Led Strategy Sells 32 BTC Worth $2.5 Million In a recent regulatory filing, Michael Saylor-led Strategy disclosed the sale of 32 Bitcoin valued at approximately $2.5 million. The amount sold is just a fraction of the company’s massive 843,000 BTC reserves, the largest corporate Bitcoin holding in the world to date. Although the sale was relatively small, it caught market participants off guard because it was Saylor’s first Bitcoin divestment announced since 2022, which created uncertainty among investors used to the firm’s accumulation-first mentality. Mt. Gox Wallet Activity Sparks Fresh Selling Pressure Fears Bitcoin linked to the Mt. Gox bankruptcy estate was reactivated after 116.3 BTC worth of about $8.25 million was moved from a dormant cold wallet to a wallet address where transactions are processed. The on-chain data also showed there was a smaller transaction launched to cryptocurrency exchange Bitstamp, which is seen as a sign of a larger fund transfer. The most recent transfer comes as the continuity of the trustee’s role to manage the repayment of creditors, with around 34,500 BTC remaining in estate-controlled wallets. Mt. Gox wallet Activity These transfers are being closely followed by market participants, as former transfers to Mt. Gox reserve addresses have frequently been followed by inflows of bitcoins to exchanges and subsequent release of the circulating supply. Bitcoin Price Breakdown Below a Multi-Month Recovery Trend. Today, the Bitcoin price plugged 3.3%, triggering a long liquidation of roughly $270 million, according to Coinglass data. This price drop offered a suitable follow-up to yesterday’s breakdown below a support trendline of the channel pattern in the daily timeframe chart. Since early February 2026, the Bitcoin price activity resonated within the channel’s two parallel trendlines, maintaining a steady recovery trend. However, the recent breakdown suggests that the previous recovery acted as a temporary relief rally before the sellers regroup to extend the prevailing downtrend. BTC/USDT -1d Chart With sustained selling, the Bitcoin price could slip to $65,204, followed by its next support at $59,867.
2 Jun 2026, 14:00
SKYAI breaks multi-month downtrend – Is the $0.60 target within reach?
SKYAI's breakout gained strength as volume, Open Interest, and bullish positioning increased.
2 Jun 2026, 13:58
Bitcoin (BTC) Plunges Below $69K: Here’s Why It Could Get Even Worse Soon
The past few days have been rough for the primary cryptocurrency, whose price once again slipped below $69,000. One popular analyst believes the valuation could now be headed toward $65,000, while many others warn of even deeper declines ahead. The Worst Has Yet to Come? Bitcoin has tumbled by double digits over the past week and currently trades at around $68,600 (according to CoinGecko), while its market capitalization has fallen under $1.4 trillion. Some of the potential reasons for the plunge include increased tensions in the Middle East, the Mt. Gox transfers , and Strategy’s decision to sell BTC. As CryptoPotato reported , the company offloaded 32 units for approximately $2.5 million to support preferred stock distributions. Even though Strategy doesn’t appear to have abandoned its BTC accumulation plan, its recent sale has likely stirred panic among investors. BTC’s pullback has become a main topic of discussion on crypto X, with numerous market observers now envisioning further pain for the bulls. Ali Martinez, for instance, recently described the $71,300-$73,000 range as a “critical support cluster,” adding that a breakdown could result in a drop to $65,000. He later said the asset has broken below key levels, strengthening the bearish outlook and increasing the probability of a decline to the depicted area. Carl Moon and Ted are also among the pessimists. The former reminded that BTC’s last two cycle bottoms occurred after nine red monthly candles, saying that the asset has had six so far during this phase. For his part, Ted spotted a “massive liquidity cluster” around $55,000-$65,000 that could eventually be taken out. “That doesn’t mean a bounceback won’t happen here, but Bitcoin hasn’t bottomed yet,” he claimed. The increased amount of BTC held on crypto exchanges is another worrying factor. CryptoQuant’s data show that today (June 2), the figure has risen to roughly 2.71 million, the highest level since March. This development doesn’t guarantee a further price decline but increases the immediate selling pressure. BTC Exchange Reserve, Source: CryptoQuant The Bullish Signal Contrary to the pessimistic price predictions, BTC’s Relative Strength Index (RSI) suggests a price rebound might be on the horizon. The technical analysis tool measures the speed and magnitude of recent price changes to give traders an idea about potential reversal points. It runs from 0 to 100, where anything below 30 indicates the asset is oversold and ready for a possible resurgence, while ratios above 70 are considered warning signs of a correction. Currently, the RSI stands at around 18, representing the lowest level since the beginning of February. BTC RSI, Source: CryptoWaves The post Bitcoin (BTC) Plunges Below $69K: Here’s Why It Could Get Even Worse Soon appeared first on CryptoPotato .
