Audiera's BEAT gained 11.77% over the past 24 hours and is up 143.3% over the past two weeks, with price pressing against the $1.45 resistance that previously capped advances on 24 May. Trading volume rose 67% in the last 24 hours and Open Interest increased by a little over 14%, pointing to strong near-term activity. However, BEAT has been ranging between $0.96 and $1.43, leaving a breakout above $1.52-$1.6 unconfirmed.

XRP Ledger is preparing to deploy version 3.2.0 to mainnet, which includes infrastructure changes and a rename of the core server software from "rippled" to "xrpld." Validators, node operators, and other infrastructure providers are expected to update ahead of the migration, with a technical playbook being prepared to support the transition.

Ripple said on June 4 that its U.S. dollar-backed stablecoin Ripple USD (RLUSD) can now move natively across supported blockchain ecosystems using Wormhole's Native Token Transfers (NTT). The change is positioned to widen compliant USD liquidity access for developers and institutional users across payments, tokenization, and on/off-ramps. Ripple's transparency report lists RLUSD at $1.731 billion in circulation as of May 28, backed by $1.833 billion in reserves.

On June 5, Bitcoin traded near $63,000 after slipping under its 50-day and 100-day moving averages, with RSI below 20 and $60,000 highlighted as the next key level. Ethereum hovered around $1,760 after losing $2,000 support, while Stellar held a $0.20 support zone following a surge from $0.15 toward $0.30 and Toncoin tested $1.75-$1.80 near its 50-day and 100-day averages. The setup across majors remains risk-off, with several potential rebound scenarios tied to reclaiming prior resistance bands.

On June 4, Coinbase and Better said they funded the first Fannie Mae-backed U.S. mortgage that uses bitcoin collateral, positioning the structure for wider national distribution. The setup lets qualified borrowers pledge bitcoin or USDC to support down payment financing without selling their crypto, while the primary home loan stays within the conforming mortgage system.

Adecoagro, a Tether-owned agricultural company, is planning to start a sugarcane-powered bitcoin mining project in Brazil on July 1. The company says the first phase is designed to generate 10 MW to run 1,280 mining rigs, with an initial focus on improving energy efficiency.

CryptoQuant CEO Ki Young Ju says Bitcoin's distribution phase reflects a large transfer of supply from early holders and long-time miners to US financial institutions, ETFs, and newer long-term investors. He highlights heavy absorption despite muted price response, citing 1,240,808 BTC accumulated by ETFs and Strategy since March 2024 while Bitcoin stayed near $63,000. At press time, BTC traded at $62,696.

Binance started June by burning 2,193,721,758.547263 LUNC, roughly 2.2 billion tokens, marking one of its largest burns of the year. Despite the deflation push, LUNC later traded around $0.000067 and was down 5.5% over 24 hours in the cited update, while traders watched whether $0.0000677 could hold as a key demand zone.