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According to data from Token Terminal, the staking ratio for Ethereum (ETH) has reached a new all-time high of 32.4%. Approximately 39 million ETH is currently staked.

Bitmine (BMNR) announced it purchased an additional 26,497 ETH, worth approximately $53.07 million, last week. The acquisition brings the company's total holdings to 5,416,901 ETH, accounting for 4.49% of the total supply. Bitmine is currently staking over 4.71 million ETH and plans to secure more than 5% of the total ETH supply by the end of the year.

Gnosis (GNO) announced it is responding to an exploit in the delay module of its payment service, Gnosis Pay, and plans to fully compensate users for any losses. Co-founder Martin Köppelmann initially advised users to withdraw their funds but later retracted the recommendation after determining that most users were unable to do so. He explained that the team is currently working to prevent the exploit from spreading further and reiterated that all user losses will be covered. The total amount stolen, the number of affected users, and the specific cause of the vulnerability have not yet been disclosed.

Global financial infrastructure platform OpenPayd announced it is pursuing a Nasdaq listing in the fourth quarter through a merger with special purpose acquisition company (SPAC) Titan Acquisition (TACHU). The deal values the company at $1.145 billion. OpenPayd expects to secure $276 million from the listing, which it plans to use for U.S. market expansion and the development of stablecoin and AI agent payment systems.

Strategy (MSTR) sold 32 BTC to fund dividend payments for its STRC preferred stock, Crypto Briefing reported. Alongside the BTC sale, the company also raised $128.3 million by selling 801,994 shares of its common stock. As of May 31, Strategy holds 843,706 BTC. Strategy's STRC is a product that pays holders a monthly variable dividend targeting an 11.5% annual yield. The dividend rate decreases if the stock trades above its $100 par value and increases if it falls below. These payments are made from Strategy's cash reserves. The company only uses funds raised when STRC is above $100 to purchase more BTC. STRC traded slightly below $100 last week.

According to CoinNess market monitoring, BTC has fallen below $72,000. BTC is trading at $71,965.96 on the Binance USDT market.

Mike McGlone, a senior macro strategist at Bloomberg Intelligence, has projected that Bitcoin could potentially fall to its long-term average of around $10,000. He noted that the correlation between crypto and stocks broke down in late May, as the crypto market showed weakness even while the S&P 500 index reached a new all-time high. As another bearish signal, he cited the Bloomberg Galaxy Crypto Index (BGCI) falling below the 2,000 mark, half its 2025 peak. McGlone analyzed that the market has entered a broad bubble-deflating phase and that Bitcoin could undergo a correction similar to the one in 2018. However, some in the industry argue this scenario is unlikely, citing a strong demand base from spot Bitcoin ETFs from BlackRock and Fidelity. McGlone added that a recovery to the $75,000 level is a key turning point for the market's future direction. He previously made similar predictions of a crash to $10,000 in February and April.

Strategy, formerly known as MicroStrategy, has disclosed the sale of 32 bitcoins at an average price of $77,135, securing approximately $2.5 million, according to Unfolded. The transaction marks the first known instance of the company selling bitcoin since it adopted the cryptocurrency as a core asset in its acquisition strategy. The disclosure confirms the sale, a possibility that had been the subject of bets on prediction markets. The amount sold is considered insignificant relative to the company's total holdings.

U.S. Nasdaq-listed Bitcoin miner Iren Limited (formerly Iris Energy) announced it has completed a $3.65 billion financing round to fulfill an AI cloud supply agreement with Microsoft. The financing is structured as a securitization of the company's GPU assets and related cash flows, consisting of a $2.1 billion U.S. private placement and a $1.55 billion term loan. Iren added that it plans to use the capital to expand its AI data centers, aiming to increase its AI cloud capacity to 480 MW by the end of 2026.

Bitwise, the issuer of the Hyperliquid (HYPE) spot ETF, purchased $20 million worth of HYPE in a single day, Arkham (ARKM) reported. Last week, Bitwise's HYPE spot ETF, BHYP, acquired a total of $41.8 million in HYPE. The firm is currently staking $55 million worth of the token. Arkham also noted that the return from purchasing BHYP at its launch two weeks ago has surpassed the S&P 500's performance over the last two years.

ProCap Financial (BRR) has sold 52 BTC to fund a share buyback, according to a post on X by BitcoinTreasuries. The company's last purchase was 450 BTC in March, and it has not acquired any more since. ProCap currently holds 5,405 BTC, ranking it 19th among publicly listed companies for Bitcoin holdings.

A Chinese real estate developer, Yang Weixin, 53, was murdered in a kidnapping case where the perpetrators demanded a $2 million ransom in cryptocurrency, BeInCrypto reported, citing Cambodian police. Yang was abducted from his apartment in Phnom Penh on May 29 and was found dead approximately 14 hours later in an abandoned vehicle in the Dangkao district. The kidnappers used the victim's mobile phone to demand the crypto payment from his family. Police have classified the incident as a premeditated kidnapping for ransom resulting in murder and are currently investigating. Three suspects remain at large.

BlackRock has deposited 929 BTC (worth around $67.5 million) and 36,449 ETH (worth around $72.23 million) to Coinbase, according to Onchain Lens. The total value of the deposit is approximately $139.73 million.

According to filings with the Abu Dhabi Global Market's (ADGM) Financial Services Regulatory Authority, Nest Trading Limited, the brokerage firm handling Binance's U.S. stock trading service, has been confirmed as a Binance affiliate. The company was registered with the ADGM on Jan. 5 of this year, and its official website registration also points to Binance. Binance had previously described the firm as an "Independent Introducing Broker" that routes user orders to Alpaca Securities. Nest Trading holds licenses for investment brokerage, asset management, proprietary trading, currency services, and custody. However, due to regulatory restrictions, it cannot directly hold or control user funds and assets. Order execution, clearing, and asset custody are handled by Alpaca Securities.

Strategy (MSTR) has maintained the dividend rate for its preferred stock, STRC, at 11.5% for the fourth consecutive month, CoinDesk reported. The decision comes after STRC, despite falling to a low of $97.11 last month, closed the month at $99.62, near its par value of $100. This price stability is seen as having secured the stock's value without the need for a dividend increase. Strategy's STRC pays holders a monthly variable dividend targeting an annual rate of 11.5%. The rate is lowered if the stock trades above its $100 par value and raised if it trades below. Dividends are paid from Strategy's cash holdings. The company only uses funds raised when STRC exceeds $100 to purchase BTC, and the stock has recently served as a key funding source for these acquisitions.

Bitcoin is showing an unusual decoupling from U.S. software stocks, which it has historically moved in sync with, CoinDesk reports. Recently, Bitcoin has fallen 10% while the software sector ETF (IGV) has rallied 12%. The correlation between BTC and IGV has now dropped to 0.58, a level similar to late 2023 and mid-2024. The outlet noted that in the past, BTC rallies have followed such periods of decoupling.

Binance announced via its official social media channels that it will launch a Fully Paid Securities Lending (FPSL) service on June 4. The service allows users to lend their eligible securities to other market participants in exchange for lending fees. These lent securities can then be utilized for activities such as short selling, arbitrage, and market making. Binance noted that this is a common financial service in traditional markets, typically brokered by securities firms or custodians, and explained that the new offering is designed to provide users with an opportunity to generate additional income from their holdings.

Bithumb has announced the suspension of deposit and withdrawal services for Gnosis (GNO), citing a potential security issue and concerns over increased price volatility.

The Spot Cumulative Volume Delta (CVD) chart analyzes the order book for the BTC/USDT spot pair. The upper section shows a volume heatmap, while the lower section displays the CVD. - The volume heatmap at the top tracks the amount of trading volume at specific price levels. The background color brightens when the price remains in a certain range for an extended period or experiences a significant move. Brighter areas may indicate potential support or resistance levels. - The CVD indicator at the bottom shows buy and sell orders categorized by trade size. An increase in buy orders causes the corresponding colored line to rise. For example, the yellow line represents orders between $100 and $1,000, while the brown line tracks large orders ranging from $1 million to $10 million.

Digital asset investment products saw net outflows of $1.67 billion last week, marking the third consecutive week of withdrawals, CoinShares reported in its weekly fund flow analysis. The cumulative outflow over the past three weeks has now reached $4.21 billion. Bitcoin-related products experienced their largest single-week outflow of the year at $1.438 billion, while Ethereum-related products saw $257 million exit. In contrast, some altcoin products for assets like XRP, HYPE, and NEAR recorded net inflows. CoinShares attributed the trend to risk-off sentiment driven by geopolitical risks involving Iran, which it said overshadowed positive developments such as progress on the U.S. Clarity Act. The recent outflows have caused total assets under management (AUM) for these products to fall from $148 billion to $141 billion.

Binance is introducing trading services for over 7,000 U.S. stocks and ETFs as part of its "Super App" strategy and plans to launch a tokenized stock service called "bStocks," Fortune reported. Co-CEO Richard Teng stated that while U.S. stocks account for more than half of the global market, they remain costly and cumbersome for overseas investors. He added that Binance aims to solve this for non-U.S. customers by offering zero-fee, fractional trading starting from $5. The stock trading will be facilitated by broker-dealer Nest Trading, with custody and dividend payments handled by New York-based financial firm Alpaca. Users will be able to trade stocks using USDT, USDC, and BNB. In the future, the company plans to launch its own tokenized stock program, "bStocks," which will allow users to convert their purchased shares into digital tokens on the BNB Chain. Binance emphasized that "bStocks" will serve as a bridge connecting stocks to programmable cryptocurrencies, enabling their use in DeFi for activities like lending and liquidity provision.

Bithumb announced it will temporarily suspend deposits and withdrawals for Injective (INJ) at 9:30 a.m. UTC on June 4 due to a mainnet upgrade.

DeFi project Fluid has lost approximately $215,000 after its Ethereum reward distribution system was exploited, according to DeFi risk intelligence platform BlackHart. The attacker reportedly gained control of two operational keys used to create and approve reward lists. They then registered and approved a list that distributed rewards solely to their own address and claimed the funds. The incident has been attributed to the compromised keys rather than a smart contract vulnerability. The stolen assets included 112,883 FLUID, 47,903 GHO, and a small amount of cbBTC, which were subsequently swapped for ETH and transferred via Tornado Cash. Fluid stated that its lending markets, vaults, DEX, and user deposits were not affected. The project has since replaced the compromised keys and moved the remaining reward funds to a secure address.

Bithumb announced it will temporarily suspend deposits and withdrawals for the Polygon Ecosystem Token (POL) at 10:00 a.m. UTC on June 2 to support a network upgrade.

Blockchain security firm PeckShield reported via X that a security issue has occurred on Gnosis (GNO) Pay. Gnosis co-founder Martin Köppelmann has also recommended that Gnosis Pay users withdraw their EURe and GNO. The Gnosis team has not yet disclosed the scale of the attack, the amount stolen, or any technical details.