CRYPTO WORLDWIDE NEWS || 3 JUNE 2024

On June 3, 2024, several significant developments in the cryptocurrency world were reported. Bitcoin's price touched $70,200, sparking discussions about the sustainability of the rally amid concerns over excessive leverage 【source-Cointelegraph】. In parallel, the Shiba Inu (SHIB) token saw a notable increase, with metrics showing a surge of over 16,000% in certain areas 【source-Times Crypto】.

Regulatory news included President Biden's veto of a resolution aimed at overturning the SEC’s Staff Accounting Bulletin No. 121, which has implications for how crypto assets are accounted for by institutions 【source-Cointelegraph】. Additionally, the Qatar Central Bank launched the first phase of its Central Bank Digital Currency (CBDC) project as part of its national development strategy 【source-Cointelegraph】.

In terms of new projects and listings, several notable tokens have been introduced on major exchanges. These include Metis (METIS) and Ether.fi (ETHFI) on Binance, which focus on Ethereum layer-2 solutions and decentralized staking, respectively 【source-BeInCrypto】

. Another noteworthy project is Beoble (BBL) on Bybit, a Web3 social platform designed to enhance decentralized communication 【source-BeInCrypto】.

For more in-depth coverage and details on these updates, you can visit sources like CoinDesk, Cointelegraph, and Times Tabloid.