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Cryptocurrency 28 May 2026 - 2 June 2026

XRP Drops Below $1.30, Eyes $1.20 As Next Level

XRP Drops Below $1.30, Eyes $1.20 As Next Level

XRP plunged below $1.30 to 15-week lows as bitcoin weakness triggered broad crypto selling. Exchange data showed 22.80 million XRP flowed in, then 25.24 million out, marking the year’s biggest daily net inflow and outflow. Digital-asset funds saw $1.67 billion in outflows last week, but XRP funds bucked the trend with $20.3 million in inflows. Traders now eye $1.26 as key support, with $1.20 in focus if selling persists.
2 June 2026
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Bitcoin Dips Below $70,000 After Small Strategy Sale

Bitcoin Dips Below $70,000 After Small Strategy Sale

Bitcoin fell below $70,000 as Strategy disclosed its first bitcoin sale—32 coins for $2.5 million—to pay preferred stock distributions. The company still holds 843,706 bitcoin. U.S. spot bitcoin ETFs posted 11 straight days of redemptions, totaling $3.45 billion. Ether traded under $1,980. Crypto funds saw $1.67 billion in outflows last week. Iran halted indirect U.S. talks, sending Brent crude near $94.45.
2 June 2026
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SoFi Shares Move Up, Stablecoin Strategy Draws Wall Street Attention

SoFi Shares Move Up, Stablecoin Strategy Draws Wall Street Attention

SoFi jumped 1.9% to $18.58 with over 96 million shares traded after last week’s SoFiUSD launch, ahead of a full rollout to nearly 15 million members in early June. BTIG flagged rising loan-loss trends as a risk for the lending business. SoFi posted record Q1 net revenue of $1.1 billion and net income of $167 million, but shares slipped in April after the company kept its 2026 revenue forecast unchanged.
2 June 2026
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Michael Saylor Sells Bitcoin; Strategy Investors Look Ahead

Michael Saylor Sells Bitcoin; Strategy Investors Look Ahead

Strategy Inc. shares fell 5.9% after it sold 32 bitcoin for $2.5 million, its first sale since 2022, to fund preferred stock dividends. The move marks a shift from Michael Saylor’s buy-and-hold approach. The company still holds 843,706 bitcoin, worth $63.87 billion. Bitcoin slipped 3.1%. Strategy also raised $128.3 million by selling common shares. Analysts split on the impact, with some calling the sale “economically immaterial.”
1 June 2026
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MARA Stock Climbs While Bitcoin Sinks — The AI Power Bet Traders Are Watching

MARA Stock Climbs While Bitcoin Sinks — The AI Power Bet Traders Are Watching

MARA Holdings jumped 4% to $14.95 as investors reacted to its $1.5 billion Long Ridge Energy & Power deal, aiming to shift from bitcoin mining to AI data infrastructure. The company sold 20,880 bitcoin last quarter for $1.5 billion but posted a $1.26 billion net loss as revenue dropped. Analyst targets range from $7 to $27. The Long Ridge deal faces regulatory hurdles; further bitcoin declines could pressure earnings.
1 June 2026
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Sphere 3D Shares Surge 57% as Cathedra Merger Wraps Up

Sphere 3D Shares Surge 57% as Cathedra Merger Wraps Up

Sphere 3D shares jumped 57% after closing its merger with Cathedra Bitcoin, trading at $2.99 on heavy volume. The merged company now claims 53 MW online, 1.2 EH/s mining hash rate, and a pipeline over 100 MW. Q1 revenue fell to $1.9 million with a $4.1 million net loss. Sphere warns of ongoing losses, negative cash flow, and “substantial doubt” about its ability to continue without more funding. Cathedra shares will be delisted June 2.
1 June 2026
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SoFi Shares Back in Focus Ahead of Stablecoin Launch Test

SoFi Shares Back in Focus Ahead of Stablecoin Launch Test

SoFi Technologies jumped 2.14% premarket Monday to $18.61 after a 17% surge last week, fueled by excitement over its new SoFiUSD stablecoin, now available to nearly 15 million members. Friday’s close was $18.22 on heavy volume. First-quarter GAAP revenue rose 43% to $1.1 billion, with net income at $166.7 million. Stablecoins remain unregulated and not FDIC-insured. Fintech peers Robinhood, Affirm, and LendingClub also traded higher.
1 June 2026
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Bitmine Stock Heads Into Key Week With $12.3 Billion Ether Play and Russell Review

Bitmine Stock Heads Into Key Week With $12.3 Billion Ether Play and Russell Review

Bitmine Immersion Technologies shares closed at $19.27 Friday, up 0.1% for the day and 2.1% since May 22, after landing on FTSE Russell’s preliminary Russell 3000 additions list. The crypto-treasury firm reported $12.3 billion in crypto, cash, and investments, mostly in Ether, but posted a $3.82 billion quarterly net loss, citing $3.78 billion in unrealized digital asset losses and flagging Ether price and staking risks.
1 June 2026
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MARA Holdings Stock Gains as Bitcoin Recovery and AI Plans Run Into Morgan Stanley Downgrade

MARA Stock Leads During Short Week as Focus Shifts Ahead

MARA Holdings surged 4.1% since May 22, closing Friday at $14.38 after announcing a $1.5 billion deal for Long Ridge Energy & Power. The company aims to pivot from bitcoin mining to AI-linked power and data infrastructure. Q1 revenue fell 18% to $174.6 million, with a $1.3 billion net loss. MARA mined 2,247 bitcoin, sold 20,880, and held 35,303. Closing Long Ridge and landing major tenants remain key hurdles.
31 May 2026
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Why Charles Hoskinson Says XRP Holders Get No Share of Ripple’s Success as Cardano Keeps XRP DeFi Plan Alive

XRP Stays Flat, Even as ETF Flows Shift

XRP traded near $1.34 Sunday, down 2% for the week, with 24-hour volume at $1.17 billion and market value at $82.8 billion. U.S. spot XRP ETFs saw $35 million in inflows from May 20-29, while bitcoin and ether ETFs lost nearly $2 billion. The token stayed rangebound despite positive fund flows. Policy action slowed as the Senate moved a crypto bill forward but faced uncertainty.
31 May 2026
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XRP price today: Ripple token bounces as DTCC listing and Iran war headlines steer crypto traders

XRP Moves Back Above $1.30 After Latest Bounce

XRP traded near $1.34 Saturday after rebounding from a drop below $1.30 earlier in the week, with 24-hour gains of 1.63% and $2.46 billion in volume, according to CoinMarketCap. Bitcoin stayed near $73,486, while ether hovered at $2,014. XRP-tied ETFs saw $1.77 million in inflows, far less than outflows from bitcoin and ether funds. Key support and resistance levels remain at $1.20 and $1.40.
30 May 2026
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Bitmine Shares in Focus as $12.3B Ether Pile Faces Russell Index Review

Bitmine Shares in Focus as $12.3B Ether Pile Faces Russell Index Review

Bitmine Immersion Technologies shares rose 1% to $19.43 Friday as traders reacted to its large Ether holdings and inclusion on FTSE Russell’s draft list for U.S. index additions. The company reported $12.3 billion in crypto, cash, and investments, including 5.39 million ETH and 203 bitcoin. Chairman Thomas Lee said Bitmine is staking more ETH than any other entity, with annualized rewards at $276 million. Final Russell 3000 reconstitution is set for June 26.
29 May 2026
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CME Will Run 24/7, Ending Bitcoin Weekend Gap Trade

CME Will Run 24/7, Ending Bitcoin Weekend Gap Trade

CME Group will begin 24/7 trading for its cryptocurrency futures and options on Friday, closing the gap with bitcoin’s nonstop spot market. The move ends the “CME gap” trade, which relied on price breaks when the exchange was closed. CME reported record crypto futures volume of $3 trillion in 2025. Bitcoin traded near $73,543 early Friday, with ether around $2,006.
29 May 2026
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XRP dips below $1.30 as traders watch support levels

XRP dips below $1.30 as traders watch support levels

XRP rebounded to $1.32 late Thursday after dipping below $1.30 earlier, with trading volume at $2.38 billion and market value near $81.7 billion, CoinGecko reported. CME Group will launch 24/7 crypto futures and options trading from May 29. Bitcoin and ether also fell after U.S.-Iran tensions rattled markets. Ripple CEO Brad Garlinghouse cited ongoing regulatory battles in the U.S.
28 May 2026
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Marathon Digital stock dips as Bitcoin slide draws focus to AI push

Marathon Digital stock dips as Bitcoin slide draws focus to AI push

MARA Holdings shares fell 2.1% to $14.03 on Thursday, underperforming other bitcoin miners as bitcoin dropped 1.7%. The company reported a $1.26 billion net loss last quarter, with revenue down 18% from a year ago, mostly due to lower bitcoin-mining income. No new company statements were issued this week. Investors remain focused on MARA’s bitcoin exposure and its $1.5 billion Long Ridge Energy acquisition.
28 May 2026
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Bitmine Shares Slip After Ether Dips Below $2,000, Spotlight on $12.3 Billion Crypto Bet

Bitmine Shares Slip After Ether Dips Below $2,000, Spotlight on $12.3 Billion Crypto Bet

Bitmine Immersion Technologies shares fell 4.6% to $17.96 Thursday after ether dropped below $2,000 for the first time since March. The company reported holding 5.39 million ETH and $12.3 billion in crypto, cash, and other investments as of May 25. Bitmine is on FTSE Russell’s preliminary Russell 3000 additions list, with the index rebalancing set for June 26. Peers Strategy and SharpLink also traded lower.
28 May 2026
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Stock Market Today

  • Trading App Thndr Transforms Egypt's Investment Landscape Amid 2023 Crisis
    June 9, 2026, 12:28 AM EDT. Egypt's trading app Thndr experienced a surge in retail investors following the 2023 financial crisis, marking a pivotal shift in the country's investment culture. Co-founder noted the customer base growth exceeded his 'wildest dreams,' highlighting increasing local engagement with stock markets. This trend reflects broader retail investor participation triggered by economic uncertainty.

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Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq rises after hours as chips recover

9 June 2026
Nasdaq jumped 0.86% as chip stocks rebounded, with Intel soaring 11.2% on news Google ordered over 3 million AI chips for 2028, while Apple slid 1.9% after unveiling new AI features. Investors await Wednesday’s May CPI inflation report, which could spark volatility in tech and growth stocks.
Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

9 June 2026
Broadcom shares jumped 2.8% to $396.60 as chip stocks rebounded after last week’s $1 trillion sector wipeout, but investors remain cautious after Broadcom’s Q2 revenue missed expectations and the company declined to raise its 2027 AI revenue forecast, fueling concerns that rapid AI growth may not meet Wall Street’s high demands.
BitMine Stock Gains as Ether Holdings Approach 5% Target

BitMine Stock Gains as Ether Holdings Approach 5% Target

9 June 2026
BitMine Immersion Technologies shares jumped 6% after revealing ether holdings climbed to 5.54 million tokens, now 4.59% of Ethereum’s supply, with $9.6 billion in crypto, cash and stakes. The company priced a $273.8 million preferred stock offering, with proceeds possibly funding more ETH purchases and staking. BitMine projects $230 million in annualized staking revenues but warns of risks if ETH or financing falters.
Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

9 June 2026
Mingteng International shares soared 81.3% to $1.94 after the company ended its at-the-market stock sale plan, having raised about $20.6 million in gross proceeds; trading volume hit 24.2 million, dwarfing its $12 million market value, as the move outpaced gains in other U.S.-listed China auto stocks.
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