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Crypto

Audiera\'s BEAT token surges more than 1,500 percent in a month as bitcoin and ether slide

Audiera, an AI music platform, has drawn market attention after its BEAT token surged more than 1,500 percent over the past month, while bitcoin and ether fell by double digits. BEAT reached a record $9.2, with Cointelegraph citing revenue-based token burns as a key driver. Audiera reported weekly revenue of 772,045 BEAT from June 1 to 8 and burned 770,545 BEAT in the same period. Analysts also point to large short liquidations and overheating technical indicators.

Crypto

Ethereum futures long bets grow, possible sign of market recovery

Ethereum remains near its 2026 low range, while leveraged long positions in the futures market are increasing. Cointelegraph reported that Binance’s ether futures open interest hit a record 3.7 million ETH, with the exchange accounting for more than 44 percent of the overall futures market. Taker buy-sell ratios have moved closer to balance across Binance and exchanges overall, but indicators also point to overheating and concentrated positioning across venues.

Crypto

CME, Nasdaq launch crypto index futures spanning bitcoin to XRP

CME Group has begun trading cryptocurrency index futures developed jointly with Nasdaq. The product is CME’s first market-capitalisation-weighted crypto futures contract and is based on the Nasdaq CME Crypto Settlement Price Index, which includes eight cryptocurrencies: bitcoin, bitcoin cash, ether, Solana, XRP, Cardano, Chainlink and Stellar Lumens. The contracts come in full-size and micro versions and are cash-settled. CME also reported higher crypto derivatives volumes this year.