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  • Banks pushed Congress to kill stablecoin yield with CLARITY Act – Coinbase may have found the loophole
    by Oluwapelumi Adejumo on June 3, 2026 at 6:05 pm

    For traditional US banks, the CLARITY Act was intended as a firewall that effectively barred crypto companies from offering “passive” interest on stablecoins. The legislation aimed to prevent a catastrophic deposit flight in which everyday checking account balances drain from the banking system into high-yield crypto exchanges. But as lawmakers prepare to finalize the framework, The post Banks pushed Congress to kill stablecoin yield with […]

  • Mt. Gox-linked wallets moved 10,422 BTC, worth roughly $739 million as BTC price slides
    by Liam ‘Akiba’ Wright on June 3, 2026 at 4:35 pm

    Mt. Gox moved more than $700 million worth of Bitcoin while the market was already under stress, giving traders a familiar reason to ask whether old bankruptcy coins are moving closer to new supply. The estate-linked wallets moved 10,422 BTC on June 2, worth roughly $739 million at the time of the transfer. Most of The post Mt. Gox-linked wallets moved 10,422 BTC, worth roughly $739 million as BTC price slides appeared first on CryptoSlate.

  • Vitalik wants DeFi price crashes to stop triggering automatic liquidations
    by Liam ‘Akiba’ Wright on June 3, 2026 at 3:05 pm

    Vitalik Buterin is challenging one of DeFi’s most familiar safety mechanisms: the automatic liquidation that closes a debt-backed position when collateral falls below the required backing for the loan. In a June 1 Ethereum Research post, Buterin proposed building synthetic, index-tracking assets on top of options, with collateralized debt removed from the base design. The The post Vitalik wants DeFi price crashes to stop triggering automatic […]

  • Bitcoin returns to the price that capped 2021, defined 2024, and now tests the rally again
    by Liam ‘Akiba’ Wright on June 3, 2026 at 1:35 pm

    Bitcoin is back at a crossroads it has navigated multiple times in prior cycles, and this may be where the real test begins in this cycle. After weeks of trying to turn the low-$80,000s into a new recovery zone, BTC has returned to the $66,900-$68,000 area, the same band I have used through several recent The post Bitcoin returns to the price that capped 2021, defined 2024, and now tests the rally again appeared first on CryptoSlate.

  • Bank of England stablecoin caps may choke the UK’s pound-token market before launch
    by Liam ‘Akiba’ Wright on June 3, 2026 at 12:27 pm

    A House of Lords committee has told the Bank of England to rethink stablecoin caps before the UK’s regime is finalized. The Financial Services Regulation Committee published its report, Stablecoins: waiting for regulation, on June 3, turning a technical debate over reserve design into a test of whether the UK can build a pound-denominated stablecoin The post Bank of England stablecoin caps may choke the UK’s pound-token market before launch […]

  • Bitcoin’s plunge to $65,000 has traders paying to protect against a fall to $50,000
    by Oluwapelumi Adejumo on June 3, 2026 at 9:42 am

    Bitcoin’s aggressive break below $70,000 has shifted the market from a debate over dip-buying to a more defensive question of how far traders now need to insure against the next leg lower. Data from CryptoSlate showed that the largest cryptocurrency fell to as low as $65,404 over the past day, triggering $1.8 billion in liquidations The post Bitcoin’s plunge to $65,000 has traders paying to protect against a fall to $50,000 appeared first […]

  • Ripple is bringing its regulated RLUSD stablecoin to MENA’s biggest crypto market
    by Oluwapelumi Adejumo on June 2, 2026 at 6:05 pm

    Ripple is pushing its dollar-backed stablecoin into Turkey, betting that one of the world’s most active digital-asset markets is ready for a more regulated version of the digital dollars already used to navigate currency weakness and limited access to traditional dollar savings. On June 2, the Brad Garlinghouse-led company announced that its US dollar-pegged stablecoin, The post Ripple is bringing its regulated RLUSD stablecoin to MENA’s […]

  • Bitcoin flash crash below $68,000 triggers around $400 million in liquidation in under an hour
    by Oluwapelumi Adejumo on June 2, 2026 at 3:10 pm

    Today’s sudden Bitcoin slide under $68,000 forced a rapid unwind across crypto derivatives markets, erasing nearly $400 million in leveraged positions in one hour as traders who had bet on further gains were caught by the move. Data from CryptoSlate shows that Bitcoin fell more than 5%, dropping from $71,765 to $67,895, its lowest level since The post Bitcoin flash crash below $68,000 triggers around $400 million in liquidation in under an […]

  • Why a $150M Polymarket bet could pay the side that appeared to lose
    by Oluwapelumi Adejumo on June 2, 2026 at 2:05 pm

    A nearly $150 million prediction market has devolved into chaos after the platform Polymarket moved to deny payouts to traders who accurately predicted that corporate treasury firm Strategy would sell a portion of its Bitcoin holdings. The dispute centers on a fundamental disconnect between when an event occurs and when it is publicly disclosed, exposing The post Why a $150M Polymarket bet could pay the side that appeared to lose appeared first […]

  • Bitcoin faces first jobs-week test as US job openings data arrives before Friday payrolls
    by Andjela Radmilac on June 2, 2026 at 12:35 pm

    At 10 a.m. ET on Tuesday, the Bureau of Labor Statistics releases its Job Openings and Labor Turnover Survey for April, and a market that spent years branding Bitcoin as an escape hatch from central banks now hangs on whatever the numbers imply about the Federal Reserve’s next move. This is due to a long The post Bitcoin faces first jobs-week test as US job openings data arrives before Friday payrolls appeared first on CryptoSlate.

  • Scientists Boost Battery, Fuel Cell Performance By Over 300%
    by Tyler Durden on June 3, 2026 at 11:15 pm

    Scientists Boost Battery, Fuel Cell Performance By Over 300% Authored by Neetika Walter via Interesting Engineering, Researchers in South Korea have developed a new catalyst design strategy that boosts the efficiency of reactions used in batteries and hydrogen fuel cells without changing the catalyst itself. New catalyst approach could improve fuel cells and batteries  (Representational image)Shutterstock The team, led by […]

  • Central Bank Gold Buying Rebounds In April From Dramatic March Selloff
    by Tyler Durden on June 3, 2026 at 10:50 pm

    Central Bank Gold Buying Rebounds In April From Dramatic March Selloff First the good news: according to the latest World Gold Council update, central banks, a key pillar of the bullish case for gold, have returned to adding holdings in April after notable selling in March sent the price of the precious metal tumbling. The 17 ton purchase represents a turnaround from steep sales in March, which at nearly 30 tons were the largest […]

  • House Passes Dem Resolution to Block U.S. Military Action Against Iran In Narrow Vote
    by Tyler Durden on June 3, 2026 at 10:25 pm

    House Passes Dem Resolution to Block U.S. Military Action Against Iran In Narrow Vote The U.S. House of Representatives passed a resolution on June 3 directing the withdrawal of U.S. troops from armed hostilities with Iran, in a closely divided 215–208 vote. Four Republicans joined Democrats in supporting the measure, which invokes the 1973 War Powers Resolution to require President Donald Trump to either end the operations or […]

  • Broadcom Crashes After AI Chip Revenue Forecast Misses
    by Tyler Durden on June 3, 2026 at 10:18 pm

    Broadcom Crashes After AI Chip Revenue Forecast Misses Broadcaom stock is plunging in after-hours trading, after the company reported Q2 results which delivered a disappointing forecast for AI chip revenue, signaling that the company is either progressing more slowly than anticipated in the burgeoning industry, or that unlike its peers, is actually truthful in predicting the potential of the AI bubble. The historicals were ok: in […]

  • SPLC Employee Funneled $1.2 Million To Neo-Nazi Lover – And More: DOJ Superseding Indictment
    by Tyler Durden on June 3, 2026 at 10:00 pm

    SPLC Employee Funneled $1.2 Million To Neo-Nazi Lover – And More: DOJ Superseding Indictment The Southern Poverty Law Center built a massive empire – ballooning to over $787 million in assets – by promising donors it was the frontline defender against “hate” and white supremacy. But according to the Department of Justice’s superseding indictment, the organization allegedly funneled millions in tax-exempt donor dollars to the very […]

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  • Federal Inspection Reportedly Finds Delaney Hall In Compliance On Virtually All Standards
    by Tyler Durden on June 3, 2026 at 9:40 pm

    Federal Inspection Reportedly Finds Delaney Hall In Compliance On Virtually All Standards Authored by Jonathan Turley via JonathanTurley.org, Democratic Governor Mikie Sherrill has repeatedly claimed that conditions in the Delaney Hall ICE facility are abhorrent, inhuman, and intolerable. Democratic leaders claimed that the conditions were so horrific that there was a hunger strike going on. As is often the case, there is a […]

  • India Throws Open The Bond Gates: Modi Slashes Foreign Investor Taxes In Scramble To Halt Rupee Collapse
    by Tyler Durden on June 3, 2026 at 9:20 pm

    India Throws Open The Bond Gates: Modi Slashes Foreign Investor Taxes In Scramble To Halt Rupee Collapse Having spent the better part of a decade assuring the world that the Indian growth miracle was self-sustaining, structurally sound, and impervious to the “fragile five” indignities of yesteryear, New Delhi has quietly arrived at the only conclusion that ever follows a currency in freefall: print incentives, slash taxes, and […]

  • California’s ‘Wealth’ Tax Is Coming For Everyone
    by Tyler Durden on June 3, 2026 at 9:00 pm

    California’s ‘Wealth’ Tax Is Coming For Everyone Authored by Edward Ring via American Greatness, If you own property in California, you’re not safe. A new ballot measure will empower the state to confiscate a percentage of the assets of any resident, even though its initial provisions don’t communicate that intent. California’s “One-Time Wealth Tax for State-Funded Healthcare, Education, and Food Assistance Programs Initiative,” […]

  • Gold Dethrones The King: ECB Confirms Barbarous Relic Has Overtaken Treasuries As Top Global Reserve Asset
    by Tyler Durden on June 3, 2026 at 8:40 pm

    Gold Dethrones The King: ECB Confirms Barbarous Relic Has Overtaken Treasuries As Top Global Reserve Asset In what can only be described as the latest humiliating blow to the crumbling Pax Americana, gold has officially overtaken US government bonds as the world’s top reserve asset. The FT reports that, according to a fresh report from the European Central Bank released Tuesday, bullion now accounts for 27% of global central bank […]

  • Never Let Politicians Decide What Is True
    by Tyler Durden on June 3, 2026 at 8:20 pm

    Never Let Politicians Decide What Is True Authored by J.B. Shurk via American Thinker, We are living through an age that has abandoned the dedicated pursuit of truth. Our politicians and news personalities talk about “the narrative.” Our academies teach young minds to accept “expert opinion.” Our philosophers argue that truth is “subjective.” Social theorists argue that truth is an “illusion” that powerful people use to control […]

  • IBM Announces Five-Year, $10BN Quantum Investment
    by Tyler Durden on June 3, 2026 at 7:45 pm

    IBM Announces Five-Year, $10BN Quantum Investment IBM is set to invest more than $10 billion in quantum computing over the next five years. According to the company, the investment will cover R&D, capex, manufacturing scaling, ecosystem partnerships, and M&A; areas that IBM says will help accelerate its quantum roadmap beyond 2029, when it expects to deliver the world’s first large-scale, fault-tolerant quantum computer. […]

  • Uber Introduces $1,500 Monthly Cap On AI Coding Tools After Budget Blowout
    by Tyler Durden on June 3, 2026 at 7:30 pm

    Uber Introduces $1,500 Monthly Cap On AI Coding Tools After Budget Blowout Uber has set a $1,500 monthly cap on employee spending for specific AI coding tools after the company exhausted its entire 2026 budget for those tools in the first four months of the year. The limits apply to agentic coding platforms such as Anthropic’s Claude Code and Cursor, according to Stocktwits. Prior to the caps, some engineers were generating […]

  • Latest Fed Beige Book Underscores “K-Shaped” Split Of US Economy
    by Tyler Durden on June 3, 2026 at 6:55 pm

    Latest Fed Beige Book Underscores “K-Shaped” Split Of US Economy Economic activity increased at a “slight to moderate” pace for ten of the twelve Federal Reserve Districts, while one District reported a slight decline and one reported no change, according to the latest Fed Beige Book. The just released Beige Book – prepared at the Federal Reserve Bank of Kansas City based on information collected on or before May 27, 2026, and is […]

  • Dispersion And Correlation Are Screaming Overbought, Downside Hedging Is Cheap
    by Tyler Durden on June 3, 2026 at 6:20 pm

    Dispersion And Correlation Are Screaming Overbought, Downside Hedging Is Cheap Submitted by SpotGamma CBOE’s Dispersion Index (DSPX) is at levels only seen during Covid and the April ’25 tariff crash, while Correlation (COR1M) is near all-time lows. This divergence signals extreme positioning risk driven by the AI stock chase, and makes SPY downside hedges historically cheap. Traders have been chasing AI related names in such […]

  • New York Democrats Move To Redraw Congressional Maps
    by Tyler Durden on June 3, 2026 at 6:05 pm

    New York Democrats Move To Redraw Congressional Maps Authored by Chase Smith via The Epoch Times, New York Democrats are moving to give state lawmakers the power to redraw the state’s congressional maps, entering the national fight over control of the U.S. House. The proposed constitutional amendment would allow lawmakers to draw district lines themselves and redraw them mid-decade. It had not been formally filed as of Tuesday […]

  • Iran Issues 4-Stage Proposal For Deal With US, After Most Intense Overnight Clashes Since April
    by Tyler Durden on June 3, 2026 at 5:50 pm

    Iran Issues 4-Stage Proposal For Deal With US, After Most Intense Overnight Clashes Since April Summary State media issues four-stage proposal for deal with US, says indirect talks are ‘ongoing’. GCC blasts ‘cowardly attacks’ after Kuwait International Airport rocked by Iranian missiles: one dead, 63 injured. Overnight saw US-Iran exchange fire in Strait of Hormuz – as US attacked Qeshm Island – and Iran unleashed more […]

  • SDNY Prosecutors Looking At Valuation Discrepancies In Private Credit Market
    by Tyler Durden on June 3, 2026 at 5:25 pm

    SDNY Prosecutors Looking At Valuation Discrepancies In Private Credit Market In a move that is long overdue, Jay Clayton, the US attorney for the Southern District of New York, said his office is looking at possible valuation discrepancies in the private credit marketplace.  Wall Street’s top prosecutor addressed the issue Wednesday while speaking at the Bloomberg Global Credit Forum in New York. Clayton said the difference […]

  • ‘The Pricking Is Coming’: Dalio Warns AI Bubble Will Burst Like Dot-Com, But Tech Will Endure
    by Tyler Durden on June 3, 2026 at 4:45 pm

    ‘The Pricking Is Coming’: Dalio Warns AI Bubble Will Burst Like Dot-Com, But Tech Will Endure Bridgewater Associates founder Ray Dalio appeared on Bloomberg TV today and delivered a measured yet cautionary assessment of the artificial intelligence investment frenzy. He highlighted classic bubble dynamics – sky-high valuations, rampant speculation, and “paper wealth” vastly outpacing actual cash flows – while drawing direct parallels […]

  • Snubbed By SpaceX, Jefferies Now Helping Traders Short World’s Biggest IPO
    by Tyler Durden on June 3, 2026 at 4:25 pm

    Snubbed By SpaceX, Jefferies Now Helping Traders Short World’s Biggest IPO Two weeks ago, when the SpaceX IPO prospectus landed, we observed, that “Goldman is lead left; and pretty much every other bank is on the cover.” Goldman is lead left; and pretty much every other bank is on the cover. They need that to sell it to retail https://t.co/9JogVIxo1i pic.twitter.com/nSnvx6tWqs — zerohedge (@zerohedge) May 20, 2026 Yet one bank […]

  • CBS Fires ’60 Minutes’ Scott Pelley ‘For Cause’ After “Performative Display Of Hostility”
    by Tyler Durden on June 3, 2026 at 4:10 pm

    CBS Fires ’60 Minutes’ Scott Pelley ‘For Cause’ After “Performative Display Of Hostility” CBS News has fired “60 Minutes” correspondent Scott Pelley over a row with new executive producer Nick Bilton. As Just The News reports, the shakeup marks the latest in a series of major changes at the network since Bari Weiss took over the network. Her tenure has prompted internal dissent, much of which has leaked into the press. Weiss […]

  • Rabo On Regime-Change At The Fed: What Warsh Can (And Should) Do First
    by Tyler Durden on June 3, 2026 at 3:55 pm

    Rabo On Regime-Change At The Fed: What Warsh Can (And Should) Do First The honeymoon period for Warsh is over. The FOMC could have given him the professional courtesy of allowing him to settle in, but in recent weeks several Committee participants have staked out their position. They want to drop the FOMC’s easing bias and instead take a more neutral stance. This means it will be more difficult for Warsh to convince the […]

  • Goldman Sits Down With Anduril As ‘War Unicorns’ Reshape Defense Tech
    by Tyler Durden on June 3, 2026 at 3:35 pm

    Goldman Sits Down With Anduril As ‘War Unicorns’ Reshape Defense Tech Palmer Luckey’s defense startup, Anduril, is emerging as the Department of War’s answer to the urgent need for affordable, scalable advanced weaponry produced at lightning speed, rather than through the slow, over-budget procurement cycles that have long defined the legacy primes. The twin conflicts raging across Eurasia and the Middle East, from the […]

  • Quantum Computing: Hype Or The Real Deal?
    by Tyler Durden on June 3, 2026 at 3:15 pm

    Quantum Computing: Hype Or The Real Deal? Authored by Michael Lebowitz via RealInvestmentAdvice.com, The word “quantum” is defined as “an amount,” with its Latin root meaning “how much.” In physics, a quantum is the smallest discrete unit of any physical property. The adjective form, as in “quantum leap,” describes a sudden, significant, and fundamental change. It is also a perfect adjective for coining the next […]

  • Ukrainian Drone Smashes Into Russian Passenger Bus, Killing 8 Civilians
    by Tyler Durden on June 3, 2026 at 2:55 pm

    Ukrainian Drone Smashes Into Russian Passenger Bus, Killing 8 Civilians The last 48 hours have seen massive, devastating Russian missile and drone attacks on the Ukrainian capital and other cities, which left at 18 dead and over 100 injured. Russia said this was in response to the Starobelsk dormitory attack of last month and other drone attacks targeting Russian territory. But Ukrainian forces have upped the ante once again, […]

  • Oil Prices Hold Gains As Gasoline Stocks Hit 12 Year Lows, Cushing ‘Tank Bottoms’ Loom
    by Tyler Durden on June 3, 2026 at 2:39 pm

    Oil Prices Hold Gains As Gasoline Stocks Hit 12 Year Lows, Cushing ‘Tank Bottoms’ Loom Brent crude prices are rising back toward $100 per barrel this morning following the latest flare-up in fighting to threaten the U.S.-Iran ceasefire Prices rose after the U.S. military said Iran fired missiles toward Kuwait and Bahrain, which failed to hit their targets. The United States said it then struck an Iranian military ground control […]

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