Bitcoin revenue surged by 249% YoY in May, while Ethereum network fees increased by 53.7% in the same month, driven by adoption and enterprise usage. Despite regulatory and macroeconomic challenges, both blockchains generated strong network revenue.

A recent list published on GitHub documents over 100 physical attacks against Bitcoin holders or infrastructure facilitating BTC transactions, dating back to 2014. The first recorded attack was on Hal Finney in 2014, who was a supporter of Bitcoin and in contact with its mysterious founder, Satoshi Nakamoto.

A significant milestone for the crypto market was reached when a whale deposited 25,000 ETH (worth $43 million) into the Aave platform and borrowed 35 million USDT. The same whale may have also deposited 35 million USDT into Binance, highlighting the exchange's growing importance in the crypto ecosystem.

Bitcoin briefly rose above $26,000 before dropping back down to $25,850, with concerns over regulatory issues and inflation-fighting monetary policy weighing on the market. The release of the May Consumer Price Index and the Federal Reserve's interest rate decision are now being closely watched by investors.

On-chain data shows that Bitcoin miners are selling their holdings, possibly due to reduced earnings from a cooldown in Ordinals activity and an all-time high in mining difficulty and hash rate. Miners have been sending a significant amount of coins to exchanges, with inflows spiking to a three-year high on June 3.

Last week, the U.S. Securities and Exchange Commission filed lawsuits against Binance and Coinbase, causing a drop in prices for all assets. However, Bitcoin and Ethereum have since rallied, with Bitcoin up 2.75% on the five-day window and Ethereum experiencing a 5% intraday gain.

Analytics firm Glassnode suggests that Bitcoin is at a critical junction and its next move could be foreshadowed by its short-term holder market value to realized value (MVRV) indicator. This metric measures the unrealized profit or loss of BTC holders who have bought their stacks within the last 155 days.

Despite market uncertainty and recent FUD, on-chain data from Glassnode shows that the 7-day Bitcoin mining hashrate has reached a new all-time high of 381 EH/s. This metric measures the total computing power connected to the Bitcoin blockchain by miners and indicates that more machines are being brought online.

Avorak AI, a cryptocurrency project that uses AI-driven solutions, has analyzed Bitcoin's recent price movements and suggests that it resembles a market bottom rather than a bearish trend.

Recent data shows that Bitcoin has been trading within a historically narrow range, which could be a sign of upcoming extreme volatility. Glassnode, an analytics firm, has calculated Bitcoin's volatility by measuring the percentage difference between its highest and lowest price points over a 30-day period.