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Crypto News Summary June 2
Crypto News Summary June 2: BNB's first U.S. spot ETF debuted on Nasdaq as traders weighed its impact after yesterday's USDC adoption boost.
VanEck Launches First U.S. Spot BNB ETF
VanEck launched the first U.S. spot BNB ETF, VBNB, on May 28, giving investors direct BNB exposure via Nasdaq with a 0.39% fee.
Crypto Price Outlook: BTC, ETH, XRP, BNB, SOL
Bitcoin broke above $76K as ceasefire hopes and Hormuz relief lifted crypto; ETH, XRP, BNB and SOL rallied, with BTC now eyeing $80K.
XRP Falls to No. 5 as BNB Overtakes
BNB has overtaken XRP for No. 4 by market cap, as XRP slides toward a seventh straight monthly loss and struggles to hold key support.
BNB Price Tightens in Bearish Rising Wedge as $580 Breakdown Target Looms
BNB trades near $633 as a bearish rising wedge tightens amid risk-off crypto. A breakdown below support could trigger a move toward $580. Liquidity thinning.
NY Judge Denies Binance Arbitration Push, Keeps U.S. Crypto Customer Claims in Court
NY federal judge rejects Binance bid to force Singapore arbitration, keeping U.S. customer class claims for pre-Feb. 20, 2019 token losses in open court.