Global

Recently, there has been a noticeable increase in investor confidence within the cryptocurrency market, benefiting Bitcoin significantly. Despite some ups and downs in its price, large-scale investors have been consistently accumulating BTC.

Arbitrum's recent plan to distribute 225 million ARB tokens, valued at around $250 million, for its Gaming Catalyst Program (GCP), has sparked controversy within its community. Critics argue that the proposed budget is excessive.

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.