Bitcoin fell below $66,000 on Wednesday and was last seen near $65,721, down almost 2% on the day and about 12% over the prior seven days. The move comes as investors have withdrawn nearly $4 billion from US-listed Bitcoin ETFs across the past 12 sessions and after Strategy sold about $2.5 million in BTC—32 coins out of 843,706—prompting debate over its long-standing “never sell” stance.

Tether and Fasset say they have launched the world's first gold-backed neobanking Visa card, letting users pay merchants globally while earning tokenized gold via cashback and auto round-ups. The product offers up to 6% cashback paid in XAUT and is backed by up to $1 million in XAUT rewards at launch. Users convert XAUT to USDT and then to fiat at checkout, while Fasset targets its $32 billion annualized-volume user base across Asia and Africa.

On June 3, XRP fell to a new year-to-date low of $1.188 before recovering to just under $1.22 by 3 p.m. EST. The move came during a broader crypto downturn and was accompanied by $14.06 million in long liquidations versus $1.07 million in shorts. XRP's market cap was listed at $75.3 billion, with losses of 9% over seven days, 13% over 30 days, and nearly 34% year to date.

The US Treasury's OFAC sanctioned Iran's largest crypto exchange Nobitex and three other platforms—Wallex, Bitpin, and Ramzinex—under the Trump administration's 'Economic Fury' campaign. Officials alleged the exchanges enabled sanctions evasion and processed activity tied to the IRGC, while Treasury said Nobitex handled more than 50% of Iranian digital asset inflows in 2025. The designations also included Nobitex leaders such as chairman and co-founder Amir Hossein Rad, with Treasury citing a $90 million hack in June 2025 that Rad allegedly helped the platform recover from.

Cboe Global Markets is keeping its options open around the inactive Cboe Digital Exchange after a CFTC letter dated June 3 outlined temporary no-action relief tied to the venue's dormant status. The relief allows Cboe Digital to list products without first reinstating its designated contract market status, and remains in place through April 6, 2027, or until trading resumes.

Binance will discontinue NFT support on its centralized exchange on July 3, 2026, requiring users to withdraw transferable NFTs by 00:00 UTC or risk losing access. The exchange said NFT management will move to Binance Wallet, and it will offer 1 USDC to up to 100,000 users who complete eligible non-CR7 withdrawals before June 17, 2026. The move comes as NFT trading volumes fell from nearly $23.8 billion in 2022 to roughly $1.2 billion year-to-date in 2026.

Solana (SOL) has slipped under the lower bound of its multi-month range, after closing at $74.23 on June 2. Although SOL has fallen 9.56% since early May versus Bitcoin's 12.09% drop, the breakdown below $76.7 shifts the focus to a potential move toward $67.5, with $80 flagged as a near-term invalidation level.

Polymarket and Kalshi set fresh single-day records in crypto-category volume on June 2, posting $176 million and $108 million, respectively. The surge occurred during a sharp market sell-off that wiped out more than $1.76 billion in leveraged positions and pushed Bitcoin below $67,000, while Kalshi later rolled out Bitcoin perpetual futures on June 3.