Crypto market rally extends: Bitcoin holds $66K, XRP jumps 4.1% to $1.23, Solana gains 4%, Hyperliquid surges 10.4%. Small-cap tokens like Block Street soar 75.6%. TRX and DOGE see slight losses.
SIFMA and SIFMA AMG asked US regulators to clarify AML, sanctions, and Travel Rule obligations for payment stablecoin issuers under the GENIUS Act, with secondary-market control emerging as the main compliance fault line.
MiCA has redrawn Europe’s stablecoin market. Circle’s USDC and EURC meet the new rules, while Tether did not seek the required license, leaving about $185 billion in USDT unavailable on regulated European platforms.
Crypto fear remained entrenched through all of February 2026, with the Fear & Greed Index back at 6. Bitcoin fell to $65,088 and Ether dropped to $1,873.
The US Clarity Act may be delayed to May after banks pushed back against stablecoin yield provisions, while Kelp DAO suffered a $290 million hack that also strained Aave markets.
On June 3, David Schwartz and Brad Garlinghouse marked XRPL's 14th anniversary, praising community contributions. On-chain data shows the network processed ~1.44 million payments on June 2, while the recent XRPL 3.2.0 upgrade enhanced security and ecosystem functionality.
Institutional crypto trading platform Talos closed a $45M Series B extension, bringing total B round to $150M at a ~$1.5B valuation. Investors include Robinhood, a16z Crypto, BNY, Fidelity. The firm offers trade execution and risk tools for professional investors.
EIP-8025 introduces optional execution proofs, replacing traditional block replay with zero-knowledge verification. The upgrade requires 12 GPUs on average, raising centralization concerns, while pushing statelessness and forcing L2s to find new differentiation. Draft phase, long-term play.
