Evin McMullen’s view on AI agents disrupting Google’s and Facebook’s business model was previously shared by Cardano Founder Charles Hoskinson and Cloudflare CSO Stephanie Cohen.
News from Web3, Bitcoin and crypto crurrency launches and market updates
Markets now imply a 66% chance bitcoin falls below $55,000 and a coin-flip chance of sub-$50,000 prices before year-end.
The jump signals return of fear after two months of calm market sentiment.
XRP lost another major support level on heavy selling, with traders now focused on whether buyers can defend the $1.20 area after a 15-week low.
The single biggest unwind was a $59.67 million BTC-USDT long on HTX.
MGUSD, issued by Stripe’s Bridge, will power services across MoneyGram’s global network as stablecoins gain traction in cross-border payments.
U.S. spot bitcoin funds bled cash for 11 straight sessions through Monday, the longest redemption streak since their 2024 launch, as risk dollars rotated toward an AI-led equities rally.
XRP hit fresh 15-week lows after losing a key support zone, with exchange outflows failing to offset persistent selling pressure.
The 04:47 UTC Bitcoin block 952,072 transaction moved coins from Mt. Gox cold storage into a freshly generated address, with a smaller 116-bitcoin slice routed to the defunct exchange’s hot wallet.
BTC fell 3.4% in 24 hours to below $71,000, the lowest level in weeks, as Monday’s 8-K filing disclosing Strategy’s first publicized bitcoin sale continued to weigh.
A $79 million market hinges not on whether Michael Saylor’s firm sold bitcoin, but on whether a sale disclosed June 1 can count toward a deadline that passed May 31.
Your look at what’s coming in the week starting June 1.