Solana’s Downfall Could Fuel Ethereum Price Rally to $3,500

Ethereum’s price may rally to $3,500 as capital flows from Solana to ETH, supported by bullish signals like surging netflows and a potential ascending triangle breakout.
Bitcoin Investor Kidnapped in NY — Shocking Details Emerge

Two US crypto investors kidnapped and tortured an Italian man in Manhattan to steal his Bitcoin. The victim escaped after 17 days; police found weapons and evidence of abuse.
Trump’s Labor Department Retracts Biden-Era Guidance Against Crypto in Retirement Plans – Decrypt

The U.S. Department of Labor rescinded Biden-era guidance discouraging crypto in 401(k) plans, adopting a neutral stance. Trump’s administration is rolling back regulations, favoring a more crypto-friendly approach.
US Banks See $70,600,000,000 in Profits in First Quarter As Non-Interest Income Jumps: FDIC – The Daily Hodl

US banks reported $70.6 billion in Q1 profits, driven by a 5.8% rise in non-interest income, with major banks seeing significant asset growth, per FDIC and S&P Global data.
Old Bitcoin Wakes Up As 1y–5y Holder Activity Spikes – What Are LTH Signaling? | Bitcoinist.com

Bitcoin consolidates near $112K ATH as long-term holder activity spikes, with $4.02B moved by 1-5 year cohorts. This signals potential market shifts amid macroeconomic uncertainty and bullish on-chain data.
DeFi Platform Cork Protocol Suffers $12M Exploit, Markets Paused – Crypto News Bitcoin News

Cork Protocol suffered a $12M exploit via a malicious contract, leading to paused markets. Hackers stole digital assets, with blockchain security firm Cyvers alerting users.
BTC Bull Token: $6.5M Presale Nears Milestone, Bitcoin $108K

BTC Bull Token nears $6.5M presale milestone as Bitcoin hits $108K. Institutional interest grows with Trump Media and Strategy Inc. investing heavily. $BTCBULL offers Bitcoin rewards tied to milestones.
NYC Mayor Adams Unveils BitBond Plan at Bitcoin Conference, Calls for End to BitLicense – “The Defiant”

NYC Mayor Eric Adams announced plans for a Bitcoin bond (BitBond) at a Bitcoin conference, advocating for the end of the BitLicense regulatory framework.
Euler Continues Comeback With Euler Swap DEX Launch – “The Defiant”

Euler Finance launches Euler Swap, a smart DEX integrating lending, trading, and borrowing with Uniswap v4 compatibility, boosting yields and offering customizable AMM curves.
SEC’s next crypto roundtable to host DeFi dialogue addressing autonomy in regulation

The SEC’s upcoming roundtable on June 9 will focus on DeFi, exploring regulatory approaches that balance innovation and investor protection, featuring key officials and industry leaders.