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Crypto News: Bitcoin Rally, Bank Failures, ETH Update & More!

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Pepecoin (PEPE) price action points to a potential 70% drop
A bearish chart pattern suggests that PEPE could shave off another 70% in value, especially if the wider market continues to trend down.
Price analysis 5/31: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin and most major altcoins are struggling to hold on to their higher levels, indicating that the bears have not given up yet.
Bitcoin played second fiddle as KAVA, XRP, TRX, RPL and RNDR led the crypto market in May
Bitcoin is about to close its worst-performing month since FTX collapsed, but a handful of altcoins posted noteworthy gains in May.
Mad scientist’s NFTs degrade when they’re traded: 0xDEAFBEEF, NFT Creator
Self-proclaimed tinkerer 0xDEAFBEEF has hit it big with audiovisual NFTs that slowly degrade in quality every time they’re traded.
Blockchain firm raises $25M to develop third-generation architecture
Intent-centric blockchain protocol Anoma secures $25 million in funding to continue developing its third-generation architecture.
CNHC stablecoin issuer detained by Chinese police: Report
KuCoin Ventures and Circle Ventures are among the investors in the Chinese offshore yuan-pegged stablecoin, which is reportedly under investigation in China.

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