On 3 June 2026 at 17:30, a review of Bitcoin's past market cycles outlined how far BTC has fallen from peak to bottom, highlighting major drawdowns in 2013 (about 87%), 2017 (about 84%), and 2021 (about 77%). It also argued the 2025 cycle has been reshaped by spot Bitcoin ETFs approved on January 10, 2024, with trading starting January 11, alongside halving dynamics that historically influence cycle timing.

Orbs has rolled out the V5 upgrade on Ethereum and Arbitrum, introducing a hybrid Layer 3 model that shifts complex DeFi automation off-chain while keeping verification anchored on the two networks. The release adds a "Committee Sync" mechanism designed to reduce the cost and fragmentation of per-chain verification for advanced order types and automation tools.

Mastercard said it will extend its global card settlement network to support regulated stablecoins alongside existing fiat settlement, adding intraday options plus weekend and holiday processing. The program covers USDC, PYUSD, RLUSD, USDG, USDP and SoFiUSD across eight chains, with ARQ, CBW Bank, Cross River, Lead Bank and Nuvei expected to be early activators in the U.S. and Latin America. The company said the broader rollout is planned to continue through 2026 as more regions, partners and stablecoins are added.

On June 3, US spot Bitcoin and Ether ETFs recorded a combined $609.3M net outflow in one session as Bitcoin fell to $65,700 and Ether slipped below $1,900. The two-day June tally has surpassed $1Bn in Bitcoin ETF outflows, with BlackRock's iShares Bitcoin Trust seeing $388.6M withdrawn and spot Ether ETFs posting $90.2M of redemptions.

Microsoft (NASDAQ: MSFT) presented its Majorana 2 quantum chip at its Build conference, saying it delivers a 1,000x jump in qubit reliability and supports a path to scalable systems by 2029. The company said parity lifetimes average about 20 seconds, with some runs reaching up to a minute, and positioned Azure Quantum as the commercialization layer for future fault-tolerant workloads.

U.S. spot Bitcoin ETFs have now posted 12 consecutive days of net outflows, with $3.97 billion in BTC liquidated over that span. IBIT accounted for about $2.939 billion of the withdrawals, while FBTC saw nearly $403 million in outflows, as BTC traded at $67,260 after falling nearly 15% over 30 days.

A UK House of Lords Financial Services Regulation Committee report said Britain is falling behind the U.S. and EU on stablecoin regulation and urged the Bank of England and the FCA to adjust proposals it says could hinder market development. The panel highlighted the BoE's proposed £20,000 individual holding cap and a requirement for systemic issuers to keep at least 40% of backing assets in unremunerated central bank deposits, while also questioning the FCA's volume-based k-factor capital approach.

Payward, the parent of Kraken, says it will roll out a way for Kraken users and selected xStocks partners to access tokenized allocations of U.S.-listed IPOs at the offering price in the coming weeks. Users will be able to submit a pre-listing indication of interest, then receive tokenized shares on listing day, with the tokens backed 1:1 by the underlying stock.