RippleX head of engineering J. A. Akinyele said the XRP Ledger is preparing for a multi-phase push toward quantum readiness and that the work cannot be delayed. He added that full readiness is targeted for 2028 and described the effort as an "architectural transition of XRP" rather than a routine software update.

Bitcoin rebounded above $60,000 after sliding from $73,978 on June 1 to $59,073 on June 5, and was trading at $63,790 at press time. Analysts are focusing on MVRV Pricing Bands, with Ali highlighting a historical floor near $43,200 around the 0.8 band, while Geoffrey Kendrick said the cycle bottom may have formed around $59,000.

Cardano's market capitalization climbed back to $6 billion after briefly dipping below that level, with ADA trading at $0.165 at the time of writing. The broader crypto market ticked higher after U.S. inflation data met expectations on Wednesday, while Santiment highlighted unusual on-chain "age" metrics and shifting derivatives sentiment as ADA neared multi-year lows.

XRP slid to $1.05 early Saturday after six consecutive down days following a May 30 peak of $1.36, then rebounded slightly to around $1.09. Even with nearly $4 million in fresh XRP ETF inflows and cumulative inflows nearing $1.5 billion, traders are focused on whether $1.18 can be reclaimed or if the next support near $0.92 comes into play.

Zcash (ZEC) rebounded by as much as 30% after a sharp two-day sell-off tied to fears around a reported Orchard privacy-pool vulnerability. After dropping as much as 48% early Friday to $250 from a prior-day high of $645, ZEC later climbed to $401 early Saturday and was up 21% over 24 hours at $369.

Bitcoin dropped to $59,073 on Friday, marking its lowest level since October 2024 before rebounding toward $60,000. The move followed a strong U.S. jobs report that pushed expectations for higher-for-longer rates and pressured risk assets. CryptoQuant data showed total Bitcoin demand at -501,000 BTC for this cycle, alongside a 16% weekly decline tied to ETF outflows.

CryptoQuant CEO Ki Young Ju said Bitcoin held by spot ETFs plus MicroStrategy now exceeds Satoshi Nakamoto's estimated stack, even as BTC fell below $62,000. He cited MicroStrategy's net removal of 711,174 BTC since January 2023 and noted ETFs absorbed 509,102 BTC near $63,000 in March 2024, alongside 650,706 BTC added by MicroStrategy. Ju argued the return to similar price levels despite those flows points to unusually strong sell pressure, with an average investor cost basis around $53,000.

The Cardano Foundation announced a partnership with the Brazilian Olympic Committee (COB) on June 2, 2026, outlining a three-year plan centered on identity and certification, fan engagement, equipment tracking, and governance and transparency. The collaboration is intended to apply AI, blockchain, and IoT to sports administration, boost institutional transparency, and expand engagement with athletes, coaches, and fans. The foundation said the process began with a first executive workshop last week, with institutional pilots expected next.

Ripple USD (RLUSD) opened June with burn activity at $0, while $6.2 million RLUSD had been minted on June 1 at the time of reporting. The last comparable zero-burn reading was recorded on May 30, and RLUSD market capitalization stayed slightly above $1.7 billion with total supply listed at $1.704 billion.