Global

Ethereum's native cryptocurrency, Ether (ETH), has surged approximately 67% since the beginning of 2024 and shows potential for further upward movement in June, according to a combination of on-chain analytics, fundamental analysis, and technical indicators.

Bitcoin (BTC) saw a downturn, dropping to $67,500 by June 1, missing a chance for a breakthrough at a crucial resistance level due to last-minute price volatility.

Robinhood, the widely-used trading platform, is on the verge of reaching a settlement with investors who sued the company for its decision to halt trading on certain meme stocks, including GameStop, in 2021.

A recent report reveals a significant surge in the global adoption of digital currencies. The number of individuals who own and actively use digital currencies has risen to 562 million, surpassing the previous year's figure of 420 million in 2023. This indicates that approximately 6.8% of the world's population is now engaged in the utilization of digital currencies.

The surge in cryptocurrency popularity is accompanied by a growing concern over scams, prompting a warning from the U.S. Securities and Exchange Commission (SEC). The SEC is cautioning investors to remain vigilant as cryptocurrency-related fraud cases increase

PayPal has expanded its PYUSD stablecoin onto the Solana blockchain, introducing a new feature called "confidential transfers." This feature allows merchants to keep transaction amounts confidential while maintaining regulatory visibility.