Invest ideasNews
2 Jun 2026, 12:48
Kevin O’Leary reveals ‘the next big thing in crypto’
Kevin O’Leary declared that the next big crypto opportunity could be the blockchain that secures adoption by at least one S&P 500 company in each of the 11 sectors. In an X post on June 1, O’Leary stated that the next big thing in crypto is the blockchain that standardizes the real-world utility for the S&P 500 companies. As such, Mr Wonderful concluded that the crypto asset whose blockchain gets integrated with S&P 500 companies may experience parabolic growth. “So I think the next big thing in crypto is which of these chains is going to get at least one company in all 11 sectors of the S&P. Because the minute that occurs, you wanna go long that token,” O’Leary stated . Currently, the investor remains bullish on Bitcoin ( BTC ) and Ethereum ( ETH ) despite their significant drawdowns from their respective all-time highs (ATH). Furthermore, O’Leary believes that most of the crypto assets are ‘dead’, especially after the October 2025 capitulation event. Consequently, he argued that any blockchain that assists any S&P 500 company in managing inventory, providing logistics, and handling contracts could recover fast. Why are S&P 500 companies not using crypto yet? While the desire for S&P 500 companies to use blockchain to streamline their operations remains high, O’Leary said the legal issues remain a major headwind. Furthermore, the blockchain industry in the United States continues to operate in a grey area without the passage of the Clarity Act – a proposed federal regulation aimed at legalizing crypto assets. Additionally, O’Leary highlighted that major Wall Street firms continue to watch the Web3 space from the sidelines due to a lack of security standards. Moreover, most of the top blockchains have not yet implemented tested, reliable privacy-centric smart contracts that can help onboard S&P 500 companies at scale. As a result, major blockchains that introduce enhanced security standards amid the passage of the Clarity Act could be among the top of the list of the next big thing in crypto. The post Kevin O’Leary reveals ‘the next big thing in crypto’ appeared first on Finbold .
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, 12:43
Mt Gox Moves $953 Million in Bitcoin After Eight-Month Pause
The defunct Mt Gox exchange transferred roughly 10,608 BTC, worth about $953 million, to a new wallet, its first large-scale bitcoin movement in eight months and a shift that revived concerns over creditor repayments. The First Big Move in Many Months A Mt Gox-labeled cold wallet moved about 10,608 BTC, valued at roughly $953 million,
