Tether and Fasset have launched what they describe as the world’s first gold-backed neobanking Visa card, giving users a way to spend fiat at merchants worldwide while accumulating tokenized gold through cashback and automatic round-ups.

On June 3, XRP hit a new year-to-date low of $1.188 amid a broader crypto sell-off, down nearly 34% for the year, before stabilizing just under $1.22.

Nineteen new American AI billionaires now hold a combined $59.3 billion, a second wave following the founders of OpenAI, Anthropic and DeepSeek. The haul stems from specialized models powering startups such as OpenEvidence (100+ million medical consultations), Reflection AI’s coding agents, and Mercor, which scaled revenue from $100 million in 2025 to $1 billion in 2026 on a $10 billion valuation.

Bitcoin is currently trading roughly $150,000 below what Bitwise Europe’s sovereign default model says it is worth. That gap widened in May as the price climbed to $83,000 before $1 billion in exchange-traded product (ETP) outflows dragged it back to $72,000, leaving the market compressed at a structural crossroads.

Hyperliquid is emerging as a key weekend and after-hours venue for Wall Street traders to trade perpetual futures, the Wall Street Journal reported, as round-the-clock onchain markets pull activity away from traditional exchanges.

The Crypto Fear and Greed Index plunged to 11 on June 3, 2026, one of the lowest sentiment readings in months, as bitcoin traded near $65,853 and traders publicly debated whether $50,000 is next.

Bitcoin fell sharply for a third straight day, sliding below $66,000 on Wednesday and wiping out all of its April gains.

The UK Financial Conduct Authority has warned football clubs that sponsorship deals with unauthorised crypto and trading firms could expose them to legal and reputational risks. The regulator said clubs must do more to protect fans from potentially unsafe financial promotions.

Crypto exchange-traded fund (ETF) flows remained under heavy pressure on Tuesday, June 2, as bitcoin funds posted a 12th straight day of redemptions and ether ETFs extended their losing streak to 16 sessions. Solana and HYPE products drew fresh inflows, but the broader market remained defined by large exits from the two biggest asset classes.

Bitcoin miners finally had something to celebrate, delivering their strongest revenue gain in four months as May lifted earnings beyond the $1 billion mark for the first time since January. Current revenue, however, has cooled considerably, with bitcoin slipping below the $66,000 mark on Tuesday before staging a modest recovery the following day.

Kraken’s parent company Payward is opening U.S.-listed initial public offering (IPO) allocations at the offering price to retail investors around the world through its xStocks tokenized equities framework.

Anchorage Digital has partnered with Real Finance to support the full lifecycle of tokenized real-world assets.

Decentralized finance protocol Aave recently revealed that it has fully restored liquidity to its lending pools following a $300 million cross-chain exploit.

Bank of America has appointed Adam Dixon, a more than 20-year veteran of the firm, as its global head of digital asset transformation, tasking him with steering the second-largest American bank’s crypto and tokenization strategy.

Grayscale’s Hyperliquid Staking ETF (HYPG) began trading on June 3 with a 0.29% sponsor fee, the lowest among US-listed HYPE products, intensifying a price war among issuers chasing the fast-growing token.