<?xml version="1.0" encoding="UTF-8"?><rss xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" version="2.0"><channel><title>COINS NEWS - Latest Cryptocoins News Live</title><description>Latest cryptocurrency news today - Check what are the trends in the digital currency market - Learn when is the best moment to buy Bitcoin or Altcoins on the best crypto exchanges - What you need to know about the crypto market trend</description><link>https://coinsnews.com</link><item><title>Analyst sees Bitcoin hitting $227K-$378K amid monetary scarcity, gold flows - Yahoo Finance</title><description><![CDATA[Analyst sees Bitcoin hitting $227K-$378K amid monetary scarcity, gold flows& & Yahoo Finance]]></description><link>https://coinsnews.com/analyst-sees-bitcoin-hitting-227k-378k-amid-monetary-scarcity-gold-flows-yahoo-finance</link><guid>858738</guid><author>COINS NEWS</author><dc:content /><dc:text>Analyst sees Bitcoin hitting $227K-$378K amid monetary scarcity, gold flows - Yahoo Finance</dc:text></item><item><title>Traditional Finance Is Rushing Into Crypto As Institutions Buy Bitcoin’s Dip: Axios - Bitcoin Magazine</title><description><![CDATA[Traditional Finance Is Rushing Into Crypto As Institutions Buy Bitcoin’s Dip: Axios& & Bitcoin Magazine]]></description><link>https://coinsnews.com/traditional-finance-is-rushing-into-crypto-as-institutions-buy-bitcoins-dip-axios-bitcoin-magazine</link><guid>858768</guid><author>COINS NEWS</author><dc:content /><dc:text>Traditional Finance Is Rushing Into Crypto As Institutions Buy Bitcoin’s Dip: Axios - Bitcoin Magazine</dc:text></item><item><title>Peter Schiff: Owning MSTR Is 'The Worst Way' To Play Bitcoin - Benzinga</title><description><![CDATA[Peter Schiff: Owning MSTR Is 'The Worst Way' To Play Bitcoin& & Benzinga]]></description><link>https://coinsnews.com/peter-schiff-owning-mstr-is-the-worst-way-to-play-bitcoin-benzinga</link><guid>858784</guid><author>COINS NEWS</author><dc:content /><dc:text>Peter Schiff: Owning MSTR Is 'The Worst Way' To Play Bitcoin - Benzinga</dc:text></item><item><title>Both Institutions and Retail Are Buying and Holding Crypto Despite Bitcoin’s 50% Pullback - Yahoo Finance</title><description><![CDATA[Both Institutions and Retail Are Buying and Holding Crypto Despite Bitcoin’s 50% Pullback& & Yahoo Finance]]></description><link>https://coinsnews.com/both-institutions-and-retail-are-buying-and-holding-crypto-despite-bitcoins-50-pullback-yahoo-finance</link><guid>858754</guid><author>COINS NEWS</author><dc:content /><dc:text>Both Institutions and Retail Are Buying and Holding Crypto Despite Bitcoin’s 50% Pullback - Yahoo Finance</dc:text></item><item><title>Wall Street Slides Hard and Bitcoin Tanks After Iran Shoots Down US Military Helicopter</title><description><![CDATA[Wall Street collapsed and bitcoin tumbled Tuesday after Iran shot down a U.S. military helicopter over the Strait of Hormuz, torching an earlier ceasefire rally and sending markets into a sharp risk-off spiral. Markets Get Crushed The Nasdaq Composite shed 844 points, falling to 25,085, its steepest single-session drop since last week’s brutal selloff. The [&#8230;]]]></description><link>https://coinsnews.com/wall-street-slides-hard-and-bitcoin-tanks-after-iran-shoots-down-us-military-helicopter</link><guid>858711</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/wall-street-slides-hard-and-bitcoin-tanks-after-iran-shoots-down-us-military-helicopter_nwmk-768x432.png</dc:content ><dc:text>Wall Street Slides Hard and Bitcoin Tanks After Iran Shoots Down US Military Helicopter</dc:text></item><item><title>Top Bitcoin Analyst Predicts $200K Within Two Years: ‘We’re Either At Or Within Spitting Distance Of A Bottom’ - Yahoo Finance</title><description><![CDATA[Top Bitcoin Analyst Predicts $200K Within Two Years: ‘We’re Either At Or Within Spitting Distance Of A Bottom’& & Yahoo Finance]]></description><link>https://coinsnews.com/top-bitcoin-analyst-predicts-200k-within-two-years-were-either-at-or-within-spitting-distance-of-a-bottom-yahoo-finance</link><guid>858753</guid><author>COINS NEWS</author><dc:content /><dc:text>Top Bitcoin Analyst Predicts $200K Within Two Years: ‘We’re Either At Or Within Spitting Distance Of A Bottom’ - Yahoo Finance</dc:text></item><item><title>New Documentary ‘Bitcoin Season’ Charts Bitcoin’s Push Into the NBA - Bitcoin Magazine</title><description><![CDATA[New Documentary ‘Bitcoin Season’ Charts Bitcoin’s Push Into the NBA& & Bitcoin Magazine]]></description><link>https://coinsnews.com/new-documentary-bitcoin-season-charts-bitcoins-push-into-the-nba-bitcoin-magazine</link><guid>858762</guid><author>COINS NEWS</author><dc:content /><dc:text>New Documentary ‘Bitcoin Season’ Charts Bitcoin’s Push Into the NBA - Bitcoin Magazine</dc:text></item><item><title>CZ Says Bitcoin Won't Be ‘Dead For Long’ As Charles Schwab Exec Sees Lower Volatility This Cycle - Yahoo Finance</title><description><![CDATA[CZ Says Bitcoin Won't Be ‘Dead For Long’ As Charles Schwab Exec Sees Lower Volatility This Cycle& & Yahoo Finance]]></description><link>https://coinsnews.com/cz-says-bitcoin-wont-be-dead-for-long-as-charles-schwab-exec-sees-lower-volatility-this-cycle-yahoo-finance</link><guid>858759</guid><author>COINS NEWS</author><dc:content /><dc:text>CZ Says Bitcoin Won't Be ‘Dead For Long’ As Charles Schwab Exec Sees Lower Volatility This Cycle - Yahoo Finance</dc:text></item><item><title>Michael Saylor is now blaming AI for bitcoin's price crash - Yahoo Finance Singapore</title><description><![CDATA[Michael Saylor is now blaming AI for bitcoin's price crash& & Yahoo Finance Singapore]]></description><link>https://coinsnews.com/michael-saylor-is-now-blaming-ai-for-bitcoins-price-crash-yahoo-finance-singapore</link><guid>858765</guid><author>COINS NEWS</author><dc:content /><dc:text>Michael Saylor is now blaming AI for bitcoin's price crash - Yahoo Finance Singapore</dc:text></item><item><title>Ethena Scores $480B TradFi Partner as Janus Henderson Commits to USDe</title><description><![CDATA[Ethena has secured a strategic partnership with Janus Henderson, a global asset manager overseeing approximately $480 billion, to diversify USDe’s reserve portfolio with AAA-rated tokenized collateralized loan obligations and open regulated distribution of Ethena’s products to institutional investors. What the Deal Covers Ethena described the arrangement plainly in its announcement: “Ethena has partnered with Janus [&#8230;]]]></description><link>https://coinsnews.com/ethena-scores-480b-tradfi-partner-as-janus-henderson-commits-to-usde</link><guid>858712</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/ethena-scores-480b-tradfi-partner-as-janus-henderson-commits-to-usde_nwmk--768x432.png</dc:content ><dc:text>Ethena Scores $480B TradFi Partner as Janus Henderson Commits to USDe</dc:text></item><item><title>How this bill would lock up America's bitcoin for 20 years - Yahoo Finance</title><description><![CDATA[How this bill would lock up America's bitcoin for 20 years& & Yahoo Finance]]></description><link>https://coinsnews.com/how-this-bill-would-lock-up-americas-bitcoin-for-20-years-yahoo-finance</link><guid>858748</guid><author>COINS NEWS</author><dc:content /><dc:text>How this bill would lock up America's bitcoin for 20 years - Yahoo Finance</dc:text></item><item><title>Bitcoin treasury trade faces its first stress test - CNBC</title><description><![CDATA[Bitcoin treasury trade faces its first stress test& & CNBC]]></description><link>https://coinsnews.com/bitcoin-treasury-trade-faces-its-first-stress-test-cnbc</link><guid>858749</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin treasury trade faces its first stress test - CNBC</dc:text></item><item><title>Any tools to test a Bitcoin Core node?</title><description><![CDATA[]]></description><link>https://coinsnews.com/any-tools-to-test-a-bitcoin-core-node</link><guid>858735</guid><author>COINS NEWS</author><dc:content /><dc:text>Any tools to test a Bitcoin Core node?</dc:text></item><item><title>Checkonchain Analyst Says AI Rotation Creates Bitcoin’s Next Major Entry Point for Holders</title><description><![CDATA[Onchain analyst James Check says the conditions building across artificial intelligence (AI) stocks and upcoming initial public offerings (IPOs) are creating a setup where bitcoin ends up the most underowned and least-forced-sale asset in the market when the cycle turns. ‘Time Pain’ as a Feature James Check, founder of Checkonchain and co-author of Cointime Economics, [&#8230;]]]></description><link>https://coinsnews.com/checkonchain-analyst-says-ai-rotation-creates-bitcoins-next-major-entry-point-for-holders</link><guid>858713</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/checkonchain-analyst-says-ai-rotation-creates-bitcoins-next-major-entry-point-for-holders_nwmk-768x432.png</dc:content ><dc:text>Checkonchain Analyst Says AI Rotation Creates Bitcoin’s Next Major Entry Point for Holders</dc:text></item><item><title>Longtime Bitcoin Advocate Says ‘MicroStrategy Is a $1,000 Stock Within a Few Years’ - 24/7 Wall St.</title><description><![CDATA[Longtime Bitcoin Advocate Says ‘MicroStrategy Is a $1,000 Stock Within a Few Years’& & 24/7 Wall St.]]></description><link>https://coinsnews.com/longtime-bitcoin-advocate-says-microstrategy-is-a-1000-stock-within-a-few-years-247-wall-st</link><guid>858747</guid><author>COINS NEWS</author><dc:content /><dc:text>Longtime Bitcoin Advocate Says ‘MicroStrategy Is a $1,000 Stock Within a Few Years’ - 24/7 Wall St.</dc:text></item><item><title>Adam Back Warns of Bitcoin Fork Risk Over New Proposal: ‘Fork Off and Find Out’ - Yahoo Finance</title><description><![CDATA[Adam Back Warns of Bitcoin Fork Risk Over New Proposal: ‘Fork Off and Find Out’& & Yahoo Finance]]></description><link>https://coinsnews.com/adam-back-warns-of-bitcoin-fork-risk-over-new-proposal-fork-off-and-find-out-yahoo-finance</link><guid>858756</guid><author>COINS NEWS</author><dc:content /><dc:text>Adam Back Warns of Bitcoin Fork Risk Over New Proposal: ‘Fork Off and Find Out’ - Yahoo Finance</dc:text></item><item><title>Is the AI trade, Strategy, or macro factors to blame for bitcoin woes? - Sherwood News</title><description><![CDATA[Is the AI trade, Strategy, or macro factors to blame for bitcoin woes?& & Sherwood News]]></description><link>https://coinsnews.com/is-the-ai-trade-strategy-or-macro-factors-to-blame-for-bitcoin-woes-sherwood-news</link><guid>858772</guid><author>COINS NEWS</author><dc:content /><dc:text>Is the AI trade, Strategy, or macro factors to blame for bitcoin woes? - Sherwood News</dc:text></item><item><title>Traders Bet 60% Odds Anthropic’s Claude Mythos Drops Today as Rumors Hit Fever Pitch</title><description><![CDATA[Prediction market traders are putting real money on the table that Anthropic will publicly release its most powerful and controversial artificial intelligence (AI) model, Claude Mythos, within the next 24 to 48 hours, even as the company has made no official announcement. What the Markets Are Saying As of Tuesday morning, Polymarket‘s “Claude Mythos released [&#8230;]]]></description><link>https://coinsnews.com/traders-bet-60-odds-anthropics-claude-mythos-drops-today-as-rumors-hit-fever-pitch</link><guid>858714</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/traders-bet-60-odds-anthropics-claude-mythos-drops-today-as-rumorss-hit-fever-pitch-768x432.png</dc:content ><dc:text>Traders Bet 60% Odds Anthropic’s Claude Mythos Drops Today as Rumors Hit Fever Pitch</dc:text></item><item><title>Bitcoin’s Worst Week Since FTX Crash May Signal More Pain Ahead - Bloomberg.com</title><description><![CDATA[Bitcoin’s Worst Week Since FTX Crash May Signal More Pain Ahead& & Bloomberg.com]]></description><link>https://coinsnews.com/bitcoins-worst-week-since-ftx-crash-may-signal-more-pain-ahead-bloombergcom</link><guid>858739</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin’s Worst Week Since FTX Crash May Signal More Pain Ahead - Bloomberg.com</dc:text></item><item><title>Bitcoin’s Worst Week Since FTX Crash Signals More Pain Ahead - Yahoo Finance</title><description><![CDATA[Bitcoin’s Worst Week Since FTX Crash Signals More Pain Ahead& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoins-worst-week-since-ftx-crash-signals-more-pain-ahead-yahoo-finance</link><guid>858744</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin’s Worst Week Since FTX Crash Signals More Pain Ahead - Yahoo Finance</dc:text></item><item><title>Come back after the summer, says one analyst on crypto markets - CoinDesk</title><description><![CDATA[Come back after the summer, says one analyst on crypto markets& & CoinDesk]]></description><link>https://coinsnews.com/come-back-after-the-summer-says-one-analyst-on-crypto-markets-coindesk</link><guid>858775</guid><author>COINS NEWS</author><dc:content /><dc:text>Come back after the summer, says one analyst on crypto markets - CoinDesk</dc:text></item><item><title>Live updates: Bitcoin tops $63,000 as Strategy adds $100 million BTC in latest purchase - CoinDesk</title><description><![CDATA[Live updates: Bitcoin tops $63,000 as Strategy adds $100 million BTC in latest purchase& & CoinDesk]]></description><link>https://coinsnews.com/live-updates-bitcoin-tops-63000-as-strategy-adds-100-million-btc-in-latest-purchase-coindesk</link><guid>858742</guid><author>COINS NEWS</author><dc:content /><dc:text>Live updates: Bitcoin tops $63,000 as Strategy adds $100 million BTC in latest purchase - CoinDesk</dc:text></item><item><title>Bitcoin Breaks 200-Week SMA After 204-Day Death Cross — History Says This Is Where It Gets Ugly - CCN.com</title><description><![CDATA[Bitcoin Breaks 200-Week SMA After 204-Day Death Cross — History Says This Is Where It Gets Ugly& & CCN.com]]></description><link>https://coinsnews.com/bitcoin-breaks-200-week-sma-after-204-day-death-cross-history-says-this-is-where-it-gets-ugly-ccncom</link><guid>858755</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Breaks 200-Week SMA After 204-Day Death Cross — History Says This Is Where It Gets Ugly - CCN.com</dc:text></item><item><title>HYPE Returns to Inflows as ETFs Attract Fresh Capital</title><description><![CDATA[Crypto ETF flows were split on Monday, June 8, as ether ETFs drew a strong $82.37 million inflow while bitcoin ETFs finished with a $91.37 million outflow. HYPE returned to positive flows, solana posted a small exit, and XRP ETFs saw no trading activity. Bitcoin ETFs Show Broad Demand Before IBIT’s $233M Exit Reverses Gains [&#8230;]]]></description><link>https://coinsnews.com/hype-returns-to-inflows-as-etfs-attract-fresh-capital</link><guid>858715</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/ether-etfs-pull-in-82m-as-bitcoin-funds-stay-negative-with-91m-outflow_nwmk-768x432.jpg</dc:content ><dc:text>HYPE Returns to Inflows as ETFs Attract Fresh Capital</dc:text></item><item><title>Fannie Mae Just Approved A Bitcoin-Backed Home Loan For The First Time - Inman Real Estate News</title><description><![CDATA[Fannie Mae Just Approved A Bitcoin-Backed Home Loan For The First Time& & Inman Real Estate News]]></description><link>https://coinsnews.com/fannie-mae-just-approved-a-bitcoin-backed-home-loan-for-the-first-time-inman-real-estate-news</link><guid>858764</guid><author>COINS NEWS</author><dc:content /><dc:text>Fannie Mae Just Approved A Bitcoin-Backed Home Loan For The First Time - Inman Real Estate News</dc:text></item><item><title>WTI Crude Oil Drops From $95 to $89 as Iran and Israel Halt Fire</title><description><![CDATA[On Tuesday, West Texas Intermediate crude oil dropped over 5% to around $89.13 a barrel, and Brent crude slid to $93 a barrel, reversing spikes triggered by recent Middle East tensions. Crude Prices Retreat From Recent Spikes The U.S. benchmark West Texas Intermediate (WTI) crude oil dropped below the $90-a-barrel threshold Tuesday as energy markets [&#8230;]]]></description><link>https://coinsnews.com/wti-crude-oil-drops-from-95-to-89-as-iran-and-israel-halt-fire</link><guid>858716</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/oil-prices-june-9-_nwmk-postfix-768x432.jpg</dc:content ><dc:text>WTI Crude Oil Drops From $95 to $89 as Iran and Israel Halt Fire</dc:text></item><item><title>Large cryptocurrencies drop on Solana, Bitcoin declines - MarketWatch</title><description><![CDATA[Large cryptocurrencies drop on Solana, Bitcoin declines& & MarketWatch]]></description><link>https://coinsnews.com/large-cryptocurrencies-drop-on-solana-bitcoin-declines-marketwatch</link><guid>858773</guid><author>COINS NEWS</author><dc:content /><dc:text>Large cryptocurrencies drop on Solana, Bitcoin declines - MarketWatch</dc:text></item><item><title>CME Group launches Bitcoin volatility futures trading - SRP Structured Products</title><description><![CDATA[CME Group launches Bitcoin volatility futures trading& & SRP Structured Products]]></description><link>https://coinsnews.com/cme-group-launches-bitcoin-volatility-futures-trading-srp-structured-products</link><guid>858774</guid><author>COINS NEWS</author><dc:content /><dc:text>CME Group launches Bitcoin volatility futures trading - SRP Structured Products</dc:text></item><item><title>Bitcoin dips to $62k as ETF outflows continue; Strategy buys the dip - Investing.com</title><description><![CDATA[Bitcoin dips to $62k as ETF outflows continue; Strategy buys the dip& & Investing.com]]></description><link>https://coinsnews.com/bitcoin-dips-to-62k-as-etf-outflows-continue-strategy-buys-the-dip-investingcom</link><guid>858761</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin dips to $62k as ETF outflows continue; Strategy buys the dip - Investing.com</dc:text></item><item><title>Zcash Climbs 80% Since June 5 as Traders Shrug off Orchard Bug Fears</title><description><![CDATA[Zcash jumped 11.3% to $478, marking an approximate 80% recovery since its June 5 plunge. The rally pushed its market capitalization back above $8 billion and wiped out $11.5 million in short positions. The Orchard Vulnerability Privacy coin Zcash (ZEC) surged on Tuesday, jumping 11.3% to $478 as it maintained a steady recovery that began [&#8230;]]]></description><link>https://coinsnews.com/zcash-climbs-80-since-june-5-as-traders-shrug-off-orchard-bug-fears</link><guid>858717</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/zec-rebound-2-_nwmk-postfix-768x432.jpg</dc:content ><dc:text>Zcash Climbs 80% Since June 5 as Traders Shrug off Orchard Bug Fears</dc:text></item><item><title>MicroStrategy’s STRC Tracks Bitcoin Lower Again as Semi-Monthly Dividend Begins - Yahoo Finance</title><description><![CDATA[MicroStrategy’s STRC Tracks Bitcoin Lower Again as Semi-Monthly Dividend Begins& & Yahoo Finance]]></description><link>https://coinsnews.com/microstrategys-strc-tracks-bitcoin-lower-again-as-semi-monthly-dividend-begins-yahoo-finance</link><guid>858743</guid><author>COINS NEWS</author><dc:content /><dc:text>MicroStrategy’s STRC Tracks Bitcoin Lower Again as Semi-Monthly Dividend Begins - Yahoo Finance</dc:text></item><item><title>BlackRock Sells $230 Million in Bitcoin and Buys Ethereum: What Is Really Going On? - Yahoo Finance</title><description><![CDATA[BlackRock Sells $230 Million in Bitcoin and Buys Ethereum: What Is Really Going On?& & Yahoo Finance]]></description><link>https://coinsnews.com/blackrock-sells-230-million-in-bitcoin-and-buys-ethereum-what-is-really-going-on-yahoo-finance</link><guid>858758</guid><author>COINS NEWS</author><dc:content /><dc:text>BlackRock Sells $230 Million in Bitcoin and Buys Ethereum: What Is Really Going On? - Yahoo Finance</dc:text></item><item><title>Current price of Bitcoin for June 9, 2026 - Fortune</title><description><![CDATA[Current price of Bitcoin for June 9, 2026& & Fortune]]></description><link>https://coinsnews.com/current-price-of-bitcoin-for-june-9-2026-fortune</link><guid>858745</guid><author>COINS NEWS</author><dc:content /><dc:text>Current price of Bitcoin for June 9, 2026 - Fortune</dc:text></item><item><title>Bernstein sees AI trade, not quantum fears, behind bitcoin's (BTC) weakness - CoinDesk</title><description><![CDATA[Bernstein sees AI trade, not quantum fears, behind bitcoin's (BTC) weakness& & CoinDesk]]></description><link>https://coinsnews.com/bernstein-sees-ai-trade-not-quantum-fears-behind-bitcoins-btc-weakness-coindesk</link><guid>858737</guid><author>COINS NEWS</author><dc:content /><dc:text>Bernstein sees AI trade, not quantum fears, behind bitcoin's (BTC) weakness - CoinDesk</dc:text></item><item><title>Bitcoin to $1M by 2027? 4 AI Models Stress-Test Viral Forecasts — The Results May Surprise You - Yahoo Finance</title><description><![CDATA[Bitcoin to $1M by 2027? 4 AI Models Stress-Test Viral Forecasts — The Results May Surprise You& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-to-1m-by-2027-4-ai-models-stress-test-viral-forecasts-the-results-may-surprise-you-yahoo-finance</link><guid>858757</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin to $1M by 2027? 4 AI Models Stress-Test Viral Forecasts — The Results May Surprise You - Yahoo Finance</dc:text></item><item><title>Second Launches Bark On Bitcoin Mainnet, Targeting Self-Custody UX Gap - Bitcoin Magazine</title><description><![CDATA[Second Launches Bark On Bitcoin Mainnet, Targeting Self-Custody UX Gap& & Bitcoin Magazine]]></description><link>https://coinsnews.com/second-launches-bark-on-bitcoin-mainnet-targeting-self-custody-ux-gap-bitcoin-magazine</link><guid>858777</guid><author>COINS NEWS</author><dc:content /><dc:text>Second Launches Bark On Bitcoin Mainnet, Targeting Self-Custody UX Gap - Bitcoin Magazine</dc:text></item><item><title>XRP Faces $1.22 Test After Beating Bitcoin In Market Selloff - Yellow.com</title><description><![CDATA[XRP Faces $1.22 Test After Beating Bitcoin In Market Selloff& & Yellow.com]]></description><link>https://coinsnews.com/xrp-faces-122-test-after-beating-bitcoin-in-market-selloff-yellowcom</link><guid>858763</guid><author>COINS NEWS</author><dc:content /><dc:text>XRP Faces $1.22 Test After Beating Bitcoin In Market Selloff - Yellow.com</dc:text></item><item><title>Bitcoin Is Suddenly Hurtling Toward A Surprise $1.75 Trillion Elon Musk Price Shock - Forbes</title><description><![CDATA[Bitcoin Is Suddenly Hurtling Toward A Surprise $1.75 Trillion Elon Musk Price Shock& & Forbes]]></description><link>https://coinsnews.com/bitcoin-is-suddenly-hurtling-toward-a-surprise-175-trillion-elon-musk-price-shock-forbes</link><guid>858746</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Is Suddenly Hurtling Toward A Surprise $1.75 Trillion Elon Musk Price Shock - Forbes</dc:text></item><item><title>SBI Shinsei Bank Plans to Let Customers Stack BTC, ETH, or XRP on Top of Deposit Interest</title><description><![CDATA[SBI Shinsei Bank will let depositors earn bitcoin, ether, or XRP vouchers worth 20% of their interest payments starting June 10, 2026, in what the Nikkei reports as one of the more direct integrations of crypto rewards into a traditional Japanese bank deposit product. Nikkei detailed that the three-month pilot applies to ordinary savings accounts [&#8230;]]]></description><link>https://coinsnews.com/sbi-shinsei-bank-plans-to-let-customers-stack-btc-eth-or-xrp-on-top-of-deposit-interest</link><guid>858718</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/sbi-shinsei-bank-plans-to-let-customers-stack-btc-eth-or-xrp-on-top-of-deposit-interest_nwmk-768x432.png</dc:content ><dc:text>SBI Shinsei Bank Plans to Let Customers Stack BTC, ETH, or XRP on Top of Deposit Interest</dc:text></item><item><title>Bitcoin 'normal' 4-year cycle puts focus on $53K low before 2028 BTC price high - TradingView</title><description><![CDATA[Bitcoin 'normal' 4-year cycle puts focus on $53K low before 2028 BTC price high& & TradingView]]></description><link>https://coinsnews.com/bitcoin-normal-4-year-cycle-puts-focus-on-53k-low-before-2028-btc-price-high-tradingview</link><guid>858771</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin 'normal' 4-year cycle puts focus on $53K low before 2028 BTC price high - TradingView</dc:text></item><item><title>AI Isn't The Only Thing Killing Bitcoin... Reality Is (Cryptocurrency:BTC-USD) - Seeking Alpha</title><description><![CDATA[AI Isn't The Only Thing Killing Bitcoin... Reality Is (Cryptocurrency:BTC-USD)& & Seeking Alpha]]></description><link>https://coinsnews.com/ai-isnt-the-only-thing-killing-bitcoin-reality-is-cryptocurrencybtc-usd-seeking-alpha</link><guid>858780</guid><author>COINS NEWS</author><dc:content /><dc:text>AI Isn't The Only Thing Killing Bitcoin... Reality Is (Cryptocurrency:BTC-USD) - Seeking Alpha</dc:text></item><item><title>This is Bitcoin's Shallowest Bear Market—But is the Bottom In? - Yahoo Finance</title><description><![CDATA[This is Bitcoin's Shallowest Bear Market—But is the Bottom In?& & Yahoo Finance]]></description><link>https://coinsnews.com/this-is-bitcoins-shallowest-bear-marketbut-is-the-bottom-in-yahoo-finance</link><guid>858760</guid><author>COINS NEWS</author><dc:content /><dc:text>This is Bitcoin's Shallowest Bear Market—But is the Bottom In? - Yahoo Finance</dc:text></item><item><title>This is Bitcoin's Shallowest Bear Market—But is the Bottom In? - Decrypt</title><description><![CDATA[This is Bitcoin's Shallowest Bear Market—But is the Bottom In?& & Decrypt]]></description><link>https://coinsnews.com/this-is-bitcoins-shallowest-bear-marketbut-is-the-bottom-in-decrypt</link><guid>858778</guid><author>COINS NEWS</author><dc:content /><dc:text>This is Bitcoin's Shallowest Bear Market—But is the Bottom In? - Decrypt</dc:text></item><item><title>Strategy Sold Bitcoin, Now Metaplanet Is Down 47% — Who Sells Next?</title><description><![CDATA[Metaplanet, Japan&#8217;s largest publicly traded Bitcoin treasury company, is considering a share repurchase program to defend and maximize its Bitcoin yield per share — a capital allocation mechanism that automatically activates when the company&#8217;s market value drops below the value of its Bitcoin holdings, a threshold it crossed in the past 24 hours as Bitcoin&#8217;s price decline pushed its market-to-net asset value ratio to 0.90.
Related Reading: Hoskinson Claims Cardano Can Surpass Bitcoin By Solving Crypto’s Trust Problem
In a post on X, Metaplanet CEO and Representative Director Simon Gerovich reaffirmed that BTC Yield — the company&#8217;s primary key performance indicator, measuring the rate of growth in Bitcoin held per diluted share — remains the central lens through which all capital allocation decisions are evaluated.
Gerovich referenced the company&#8217;s established capital allocation policy directly: &#8220;When mNAV is below 1.0x we will strongly consider repurchasing common shares to maximize BTC Yield, and the lower the mNAV, the greater the potential accretion,&#8221; per the policy document accompanying the post.
Why mNAV Below 1.0x Changes The Calculus
The logic behind Metaplanet&#8217;s buyback trigger is precise and counterintuitive to traditional equity investors. When the company&#8217;s market capitalization trades at a discount to the Bitcoin it holds — meaning each share can be purchased for less than the BTC it represents — buying back shares is mathematically equivalent to acquiring additional Bitcoin at a discount to spot. Each share retired at 0.90x mNAV increases the Bitcoin per share ratio for remaining shareholders without requiring a single new coin to be purchased, per the capital allocation policy as cited by Gerovich.
Metaplanet&#8217;s BTC Yield metric, as described in its Q1 2026 report, is a self-defined measure of how effectively the company accumulates Bitcoin relative to its share base — distinct from interest rates or staking returns. The company reported a 2.8% BTC Yield for Q1 2026, per Yahoo Finance&#8217;s coverage of the quarterly results. A share buyback at current mNAV levels would accelerate that figure materially.
The Company&#8217;s Position And The Broader Context
Metaplanet currently holds approximately 40,177 BTC — acquired for approximately $4.18 billion at an average cost basis of $104,106 per coin — making it the third-largest publicly traded corporate Bitcoin holder globally, trailing only Strategy and Twenty One Capital. The company&#8217;s ambitious &#8220;555 Million Plan&#8221; targets 100,000 BTC by year-end and 210,000 BTC by 2027 — a goal requiring roughly $10 billion in additional capital at current prices.
Metaplanet stock closed 2.95% higher at 244 yen on June 9 following Gerovich&#8217;s post, recovering from intraday lows despite the broader Bitcoin market weakness. The stock has fallen approximately 47% year-to-date and 30% over the past month, per Coingape&#8217;s tracking of the Tokyo-listed shares — declines that, under Metaplanet&#8217;s own framework, paradoxically create the conditions for the most accretive buybacks the company could execute.
Related Reading: Bitcoin Is Going According To Plan: Analyst Who Predicted $59,000 Reveals What’s Next
This development marks a pivotal and revealing moment for the nascent sector&#8217;s Bitcoin treasury model. A company whose stock price declines create automatic incentives to buy back shares — each repurchase mechanically increasing Bitcoin per share — has engineered a capital structure where market weakness feeds directly into long-term holder value. Whether the mNAV trigger translates into executed buybacks in the coming sessions will depend on Metaplanet&#8217;s available liquidity and the trajectory of Bitcoin&#8217;s price recovery.
Cover image from Grok, BTCUSD chart from Tradingview
]]></description><link>https://coinsnews.com/strategy-sold-bitcoin-now-metaplanet-is-down-47-who-sells-next</link><guid>858689</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/BTCUSD_2026-06-09_13-31-34.png?w=980&amp;#038;resize=980%2C531</dc:content ><dc:text>Strategy Sold Bitcoin, Now Metaplanet Is Down 47% — Who Sells Next?</dc:text></item><item><title>BitFuFu Inc. Reports 22.1% Month-Over-Month Increase in Bitcoin Production for May 2026 - Quiver Quantitative</title><description><![CDATA[BitFuFu Inc. Reports 22.1% Month-Over-Month Increase in Bitcoin Production for May 2026& & Quiver Quantitative]]></description><link>https://coinsnews.com/bitfufu-inc-reports-221-month-over-month-increase-in-bitcoin-production-for-may-2026-quiver-quantitative</link><guid>858782</guid><author>COINS NEWS</author><dc:content /><dc:text>BitFuFu Inc. Reports 22.1% Month-Over-Month Increase in Bitcoin Production for May 2026 - Quiver Quantitative</dc:text></item><item><title>Bitcoin and ethereum prices today, Tuesday, June 9, 2026: Values stabilize as investors may seek alternatives - Yahoo Finance</title><description><![CDATA[Bitcoin and ethereum prices today, Tuesday, June 9, 2026: Values stabilize as investors may seek alternatives& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-and-ethereum-prices-today-tuesday-june-9-2026-values-stabilize-as-investors-may-seek-alternatives-yahoo-finance</link><guid>858752</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin and ethereum prices today, Tuesday, June 9, 2026: Values stabilize as investors may seek alternatives - Yahoo Finance</dc:text></item><item><title>BitFuFu Announces May 2026 Bitcoin Production and Operational Updates - GlobeNewswire</title><description><![CDATA[BitFuFu Announces May 2026 Bitcoin Production and Operational Updates& & GlobeNewswire]]></description><link>https://coinsnews.com/bitfufu-announces-may-2026-bitcoin-production-and-operational-updates-globenewswire</link><guid>858779</guid><author>COINS NEWS</author><dc:content /><dc:text>BitFuFu Announces May 2026 Bitcoin Production and Operational Updates - GlobeNewswire</dc:text></item><item><title>The Higher Bitcoin Goes, The Less Institutions Want It? Coinbase Executive Weighs In</title><description><![CDATA[Institutions that bought Bitcoin at $100,000 and $125,000 are showing even greater interest now that prices have dropped to around $60,000, according to Coinbase Head of Institutional Strategy John D&#8217;Agostino.
He made the remarks in a recent interview with CNBC, as Bitcoin trades around $63,500 after a sharp pullback last week.
No Sign Of Panic Selling Among Big Players
D&#8217;Agostino said he is unaware of any major institutional investor facing dangerous levels of leverage or imminent liquidation risk. Rather than cutting exposure, many large holders are reportedly looking to raise additional capital and expand their Bitcoin positions.
Family offices, sovereign wealth funds, and government investment entities in the Middle East are among those viewing the recent correction as a chance to buy at lower prices, D&#8217;Agostino said.
He noted that institutions have spent years studying Bitcoin and tend to grow more interested as prices fall, not less.
The backdrop to all this is a Bitcoin market that turned sharply lower over the past week. The asset dropped to around $59,500 after trading above $70,000 just days earlier, before recovering above $63,000.
ETF Exposure Holds Despite The Drop
Despite the steep decline, investors have kept more than $750 billion in exposure through spot Bitcoin ETFs, according to D&#8217;Agostino. Retail participation has dipped only slightly.
&#8220;I think both retail and institutional are signaling this is a long-term asset you want to hold,&#8221; he said during the interview.
CNBC host Joe Kernen raised several factors that may have contributed to the pullback — among them a risk-off environment, capital rotation into other assets, elevated interest rates, and slower-than-expected progress on regulatory clarity.
D&#8217;Agostino acknowledged these concerns are widely cited by market participants, but argued that price swings are normal for an asset class that behaves like a commodity.
Geopolitical Uncertainty Adds To The Pressure
He also addressed geopolitical headwinds, including tensions involving Iran and uncertainty surrounding the Strait of Hormuz, saying Bitcoin&#8217;s long-term investment case remains intact despite those pressures.
The improved market infrastructure and evolving regulatory framework, he added, make the current environment stronger than it was during previous downturns.
Bitcoin was trading at $63,841 at the time of publication, up 3.4% over the prior 24 hours, based on data from Coingecko.
Featured image from Silas Stein/picture alliance via Getty Images, chart from TradingView
]]></description><link>https://coinsnews.com/the-higher-bitcoin-goes-the-less-institutions-want-it-coinbase-executive-weighs-in</link><guid>858690</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/a_649e23.png?resize=970%2C783</dc:content ><dc:text>The Higher Bitcoin Goes, The Less Institutions Want It? Coinbase Executive Weighs In</dc:text></item><item><title>Coinbase’s D’Agostino: Governments and Family Offices Are ‘Happy’ to Buy Bitcoin at a Discount</title><description><![CDATA[Coinbase strategist John D’Agostino says the world’s biggest buyers aren’t panicking over bitcoin’s slide, with sovereign wealth funds and family offices being more than “happy” to scoop up the asset at a discount. Why Institutions Aren’t Flinching at Sub-$60K Bitcoin As bitcoin tumbled toward its lowest levels of the year, John D’Agostino, Coinbase’s head of [&#8230;]]]></description><link>https://coinsnews.com/coinbases-dagostino-governments-and-family-offices-are-happy-to-buy-bitcoin-at-a-discount</link><guid>858719</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/coinbases-dagostino-governments-and-family-offices-are-happy-to-buy-bitcoin-at-a-discount2_nwmk-768x432.jpg</dc:content ><dc:text>Coinbase’s D’Agostino: Governments and Family Offices Are ‘Happy’ to Buy Bitcoin at a Discount</dc:text></item><item><title>Bitcoin's bounce isn't a bullish revival, with anything from $68,000 to $80,000 seen as a marker - CoinDesk</title><description><![CDATA[Bitcoin's bounce isn't a bullish revival, with anything from $68,000 to $80,000 seen as a marker& & CoinDesk]]></description><link>https://coinsnews.com/bitcoins-bounce-isnt-a-bullish-revival-with-anything-from-68000-to-80000-seen-as-a-marker-coindesk</link><guid>858767</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin's bounce isn't a bullish revival, with anything from $68,000 to $80,000 seen as a marker - CoinDesk</dc:text></item><item><title>Bitcoin's brutal sell-off sparks a flurry of trading in related stocks, including one big bullish bet - CNBC</title><description><![CDATA[Bitcoin's brutal sell-off sparks a flurry of trading in related stocks, including one big bullish bet& & CNBC]]></description><link>https://coinsnews.com/bitcoins-brutal-sell-off-sparks-a-flurry-of-trading-in-related-stocks-including-one-big-bullish-bet-cnbc</link><guid>858736</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin's brutal sell-off sparks a flurry of trading in related stocks, including one big bullish bet - CNBC</dc:text></item><item><title>ZachXBT Says Humanity Protocol’s $32 Million Crypto Hack Looks Staged — Here’s The Evidence He Found</title><description><![CDATA[Humanity Protocol, a biometric blockchain identity project that had been one of crypto&#8217;s top-performing tokens of 2026, suffered a catastrophic security incident on June 9 in which attackers drained approximately $32 million from more than 17 wallets — sending the H token crashing 90% within hours — before on-chain investigator ZachXBT publicly questioned whether the incident was a genuine external hack or a staged exit by the project&#8217;s own insiders.
The attack unfolded in two phases. In the first, attackers minted 100 million H tokens and drained associated wallets, converting approximately $23.7 million into ETH across multiple addresses while leaving roughly $7.9 million in H tokens, per on-chain data flagged by Arkham Intelligence.
In the second phase, the attacker extended the exploit to BNB Chain — taking over the H token&#8217;s proxy admin contract and minting an additional 100 million H tokens worth approximately $12.9 million to a fresh wallet, per blockchain security firm Blockaid&#8217;s on-chain monitoring of the incident.
Humanity Protocol acknowledged the breach in an official post on X, confirming that private keys belonging to a member of the Humanity Foundation had been compromised. The team urged users to avoid interacting with the bridge or any liquidity pools until further notice, and stated that official updates would come only from the main account or co-founder Terence Kwok&#8217;s personal account, per the @Humanityprot post — one of your provided sources.
ZachXBT&#8217;s Three-Post Takedown On The Crypto Hack
The incident might have passed as a conventional private key compromise had ZachXBT not weighed in within hours. In three posts on X the pseudonymous on-chain investigator systematically dismantled the team&#8217;s narrative.
In his first post, ZachXBT noted that the picture was unclear — it could be a hack or a deliberate rug — but flagged that the H team appeared to be working with an active market maker given the concentrated token supply, and that all H tokens were sold on DEXs rather than centralized exchanges — an unusual pattern for an external attacker seeking liquidity.
In his second post, he sharpened the assessment: &#8220;The incident seems possibly staged. I am not buying the team&#8217;s story. It&#8217;s a convenient way for the active MM to have exited.&#8221; In his third post, he turned to the project&#8217;s broader credibility: &#8220;You choose to crime pump your token for weeks with zero fundamentals and think CT will blindly trust your story? Disclose your active MM agreements with the HK entity first.&#8221;
ZachXBT later walked back some of his concerns after additional analysis suggested the private key compromise and market-making issues may be unrelated — but the damage to the project&#8217;s credibility was already done.
The Context That Made ZachXBT&#8217;s Suspicions Land
The timing of the incident carries its own weight. The H token had surged approximately 875% above its 2026 low before the crash, per BanklessTimes — making it one of the year&#8217;s most extreme performers in a sector not short of extreme performers. A token unlock is scheduled for June 25 — two weeks away — a timeline that would make a staged exit before unlock a financially rational, if criminal, decision.
Three of the project&#8217;s four co-founders have documented histories involving lawsuits, financial fraud allegations, and management failures. Reports citing internal conversations suggested only approximately one million of the project&#8217;s nine million registered identities had completed biometric verification — the core metric on which Humanity&#8217;s entire value proposition rests.
This development marks a critical and deeply familiar moment for the nascent sector. A 90% token crash tied to a private key compromise that crypto&#8217;s most respected on-chain investigator publicly questions as staged — arriving weeks before a major token unlock, involving a project whose leadership carries documented red flags — is precisely the pattern that has defined the sector&#8217;s most damaging fraud cases.
Whether ZachXBT&#8217;s suspicions ultimately prove correct will depend on on-chain evidence still being gathered. What is already clear is that $32 million is gone and the community that trusted Humanity Protocol&#8217;s identity narrative is left with nothing but questions.
Cover image from Grok, ETHUSD chart from Tradingview
]]></description><link>https://coinsnews.com/zachxbt-says-humanity-protocols-32-million-crypto-hack-looks-staged-heres-the-evidence-he-found</link><guid>858691</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/ETHUSD_2026-06-09_13-00-09.png?w=980&amp;#038;resize=980%2C531</dc:content ><dc:text>ZachXBT Says Humanity Protocol’s $32 Million Crypto Hack Looks Staged — Here’s The Evidence He Found</dc:text></item><item><title>Bitcoin Will Rally After AI Bubble Bursts, Says Arthur Hayes — Here's What Comes Next - Yahoo Finance</title><description><![CDATA[Bitcoin Will Rally After AI Bubble Bursts, Says Arthur Hayes — Here's What Comes Next& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-will-rally-after-ai-bubble-bursts-says-arthur-hayes-heres-what-comes-next-yahoo-finance</link><guid>858776</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Will Rally After AI Bubble Bursts, Says Arthur Hayes — Here's What Comes Next - Yahoo Finance</dc:text></item><item><title>Strategy's (MSTR) bitcoin purchase fails to stir BTC price: Crypto Markets Today - CoinDesk</title><description><![CDATA[Strategy's (MSTR) bitcoin purchase fails to stir BTC price: Crypto Markets Today& & CoinDesk]]></description><link>https://coinsnews.com/strategys-mstr-bitcoin-purchase-fails-to-stir-btc-price-crypto-markets-today-coindesk</link><guid>858750</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy's (MSTR) bitcoin purchase fails to stir BTC price: Crypto Markets Today - CoinDesk</dc:text></item><item><title>Humanity Protocol Loses $32M in Private Key Hack as ZachXBT Calls Incident ‘Possibly Staged’</title><description><![CDATA[Humanity Protocol’s H token has crashed nearly 90% after wallets tied to the project were drained of more than $32 million, a breach onchain investigator ZachXBT says may have been “possibly staged.” A Private Key Breach Turns Into a Firestorm The exploit hit Humanity Protocol, an identity-verification network, early on June 9. According to onchain [&#8230;]]]></description><link>https://coinsnews.com/humanity-protocol-loses-32m-in-private-key-hack-as-zachxbt-calls-incident-possibly-staged</link><guid>858720</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/humanity-protocol-loses-32m-in-private-key-hack-as-zachxbt-calls-incident-possibly-staged4_nwmk-768x432.jpg</dc:content ><dc:text>Humanity Protocol Loses $32M in Private Key Hack as ZachXBT Calls Incident ‘Possibly Staged’</dc:text></item><item><title>Circle debuts cirBTC on Ethereum to challenge Coinbase in the wrapped bitcoin market - CoinDesk</title><description><![CDATA[Circle debuts cirBTC on Ethereum to challenge Coinbase in the wrapped bitcoin market& & CoinDesk]]></description><link>https://coinsnews.com/circle-debuts-cirbtc-on-ethereum-to-challenge-coinbase-in-the-wrapped-bitcoin-market-coindesk</link><guid>858769</guid><author>COINS NEWS</author><dc:content /><dc:text>Circle debuts cirBTC on Ethereum to challenge Coinbase in the wrapped bitcoin market - CoinDesk</dc:text></item><item><title>'Stuck in distribution': Bitcoin slips below $63,000 as analysts warn rallies are being sold, not bought - The Block</title><description><![CDATA['Stuck in distribution': Bitcoin slips below $63,000 as analysts warn rallies are being sold, not bought& & The Block]]></description><link>https://coinsnews.com/stuck-in-distribution-bitcoin-slips-below-63000-as-analysts-warn-rallies-are-being-sold-not-bought-the-block</link><guid>858781</guid><author>COINS NEWS</author><dc:content /><dc:text>'Stuck in distribution': Bitcoin slips below $63,000 as analysts warn rallies are being sold, not bought - The Block</dc:text></item><item><title>The Surprising Reason the SpaceX IPO Could Be Fueling the Bitcoin Sell-Off - The Motley Fool</title><description><![CDATA[The Surprising Reason the SpaceX IPO Could Be Fueling the Bitcoin Sell-Off& & The Motley Fool]]></description><link>https://coinsnews.com/the-surprising-reason-the-spacex-ipo-could-be-fueling-the-bitcoin-sell-off-the-motley-fool</link><guid>858663</guid><author>COINS NEWS</author><dc:content /><dc:text>The Surprising Reason the SpaceX IPO Could Be Fueling the Bitcoin Sell-Off - The Motley Fool</dc:text></item><item><title>Hoskinson Claims Cardano Can Surpass Bitcoin By Solving Crypto’s Trust Problem</title><description><![CDATA[Charles Hoskinson says Cardano is not merely competing for crypto market share, but for a much larger role: becoming the infrastructure layer for global trust. In a June 8 livestream titled “Why Cardano is the only Ecosystem that can run the world,” the Cardano founder argued that ADA’s long-term value depends on whether the network can reduce the world’s reliance on trusted third parties and eventually surpass Bitcoin.
Hoskinson framed the current market environment as more than a downturn in sentiment. “Right now the markets are not reflecting a bear market. They’re reflecting an existential crisis,” he said, arguing that investors are asking whether cryptocurrencies “even matter” as attention shifts toward AI, synthetic biology and other high-growth technologies.
Cardano’s Endgame Is Bigger Than Token Price
His answer was that crypto’s core function has been misunderstood. In Hoskinson’s view, the industry’s purpose is not simply to create currencies or blockchains, but to reduce the cost of trust in global commerce. He estimated that the current trust apparatus in regulated financial markets, including auditing, insurance, compliance, custody, reconciliation and other intermediating functions represents hundreds of billions of dollars in annual costs.
“The solution is actually something called verifiable reflexivity,” Hoskinson said. “It’s a property. Basically, something carries its own proof of being correct.”
That concept became the central thread of the livestream. Hoskinson used voting as a simplified example: rather than relying on a trusted third party to determine whether a ballot is valid, the ballot itself would carry proof that it is legitimate. Applied more broadly, he said, the same principle could extend across finance, identity, governance, proof of reserves, solvency, settlement and social coordination.
For Hoskinson, blockchains are the storage layer for these “verifiable reflexive transactions,” while smart contracts, zero-knowledge proofs and recursion provide the machinery to make them useful. Cryptocurrencies, in this framing, are not the end product. They are the economic resource that pays for the decentralized infrastructure required to maintain the system.
Hoskinson argued that this is where Cardano separates itself from rival networks. He identified four requirements: an engine of decentralization, the right accounting model, modular expansion of major functionality, and decentralized governance capable of specialization.
On decentralization, Hoskinson pointed to Ouroboros, describing it as the protocol architecture that allows ADA to scale while becoming more decentralized rather than less. He contrasted that with systems moving toward permissioned or compliance-gated models, which he said reintroduce trusted third parties into the settlement layer.
He also highlighted Cardano’s extended UTXO model, saying it preserves local determinism while enabling programmability. That matters, in his argument, because if Alice, Bob and the network do not share the same view of a transaction, they must rely on another actor to reconcile the difference. Cardano’s design, he said, is meant to avoid that dependency.
Hoskinson then turned to Hydra and “channel isomorphism,” which he described as allowing activity to happen in specialized domains and return to Cardano “as if you did it on Cardano.” He said this gives the network a path to scale for application-specific environments, including regulated real-world assets and other specialized commercial systems.
The third piece is modularity through partner chains. Hoskinson cited Midnight as the first example, arguing that Cardano can add functionality without making the base layer excessively complex or fragile. “When you’re modular, if that module fails, it doesn’t kill Cardano, which builds trust in the underlying system,” he said.
The most unfinished part, by his own description, is governance. Hoskinson said Cardano still needs stronger “executive function” and specialization, including budget, strategy and execution functions that can identify KPIs and allocate resources. He cited possible ecosystem metrics such as user-paid fees, active developers, retained revenue, stablecoin supply, active users, stake ratio, TVL, decentralization and adjusted transfer value.
Hoskinson placed that governance challenge inside a broader argument about Cardano’s ability to self-heal. He said Cardano must survive crises, including loss of confidence in its founder, to prove that it is more than a founder-led project. “You have to lose confidence in your founder for Cardano to get to the next level because if it survives that, it means it’s a self-healing system,” he said.
The livestream also included a direct long-term market claim. If Cardano succeeds in building a system for verifiable trust, Hoskinson argued, the cryptocurrency that fuels it could become “the currency of global trust.” He added that there is “an inevitability” that Cardano can win and “surpass Bitcoin” if the ecosystem continues building toward that objective.
At press time, ADA traded at $0.16.
]]></description><link>https://coinsnews.com/hoskinson-claims-cardano-can-surpass-bitcoin-by-solving-cryptos-trust-problem</link><guid>858692</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/ADAUSDT_2026-06-09_11-53-00.png?resize=1024%2C502</dc:content ><dc:text>Hoskinson Claims Cardano Can Surpass Bitcoin By Solving Crypto’s Trust Problem</dc:text></item><item><title>Better closes first GSE-supported loan backed by Bitcoin; Plaza Home Mortgage faces suits - LinkedIn</title><description><![CDATA[Better closes first GSE-supported loan backed by Bitcoin; Plaza Home Mortgage faces suits& & LinkedIn]]></description><link>https://coinsnews.com/better-closes-first-gse-supported-loan-backed-by-bitcoin-plaza-home-mortgage-faces-suits-linkedin</link><guid>858657</guid><author>COINS NEWS</author><dc:content /><dc:text>Better closes first GSE-supported loan backed by Bitcoin; Plaza Home Mortgage faces suits - LinkedIn</dc:text></item><item><title>US Bitcoin ETFs log further outflows, though analyst sees signs of easing selling pressure - The Block</title><description><![CDATA[US Bitcoin ETFs log further outflows, though analyst sees signs of easing selling pressure& & The Block]]></description><link>https://coinsnews.com/us-bitcoin-etfs-log-further-outflows-though-analyst-sees-signs-of-easing-selling-pressure-the-block</link><guid>858783</guid><author>COINS NEWS</author><dc:content /><dc:text>US Bitcoin ETFs log further outflows, though analyst sees signs of easing selling pressure - The Block</dc:text></item><item><title>USDT's flashing a golden cross and that may be bad news for bitcoin - CoinDesk</title><description><![CDATA[USDT's flashing a golden cross and that may be bad news for bitcoin& & CoinDesk]]></description><link>https://coinsnews.com/usdts-flashing-a-golden-cross-and-that-may-be-bad-news-for-bitcoin-coindesk</link><guid>858647</guid><author>COINS NEWS</author><dc:content /><dc:text>USDT's flashing a golden cross and that may be bad news for bitcoin - CoinDesk</dc:text></item><item><title>Bitcoin loses its luster as traders chase AI wave - CNN</title><description><![CDATA[Bitcoin loses its luster as traders chase AI wave& & CNN]]></description><link>https://coinsnews.com/bitcoin-loses-its-luster-as-traders-chase-ai-wave-cnn</link><guid>858638</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin loses its luster as traders chase AI wave - CNN</dc:text></item><item><title>Bitcoin Needs Much Weaker Dollar to Stage Decent Recovery -- Market Talk - Moomoo</title><description><![CDATA[Bitcoin Needs Much Weaker Dollar to Stage Decent Recovery -- Market Talk& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-needs-much-weaker-dollar-to-stage-decent-recovery-market-talk-moomoo</link><guid>858654</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Needs Much Weaker Dollar to Stage Decent Recovery -- Market Talk - Moomoo</dc:text></item><item><title>Hyperscale Data Bitcoin Treasury Reaches Approximately 709 Bitcoin - PR Newswire</title><description><![CDATA[Hyperscale Data Bitcoin Treasury Reaches Approximately 709 Bitcoin& & PR Newswire]]></description><link>https://coinsnews.com/hyperscale-data-bitcoin-treasury-reaches-approximately-709-bitcoin-pr-newswire</link><guid>858643</guid><author>COINS NEWS</author><dc:content /><dc:text>Hyperscale Data Bitcoin Treasury Reaches Approximately 709 Bitcoin - PR Newswire</dc:text></item><item><title>$44.8M in Bitcoin: inside AI data-center firm Hyperscale Data's treasury - Stock Titan</title><description><![CDATA[$44.8M in Bitcoin: inside AI data-center firm Hyperscale Data's treasury& & Stock Titan]]></description><link>https://coinsnews.com/448m-in-bitcoin-inside-ai-data-center-firm-hyperscale-datas-treasury-stock-titan</link><guid>858648</guid><author>COINS NEWS</author><dc:content /><dc:text>$44.8M in Bitcoin: inside AI data-center firm Hyperscale Data's treasury - Stock Titan</dc:text></item><item><title>Hyperscale Data Bitcoin Treasury Reaches Approximately 709 Bitcoin - Morningstar</title><description><![CDATA[Hyperscale Data Bitcoin Treasury Reaches Approximately 709 Bitcoin& & Morningstar]]></description><link>https://coinsnews.com/hyperscale-data-bitcoin-treasury-reaches-approximately-709-bitcoin-morningstar</link><guid>858770</guid><author>COINS NEWS</author><dc:content /><dc:text>Hyperscale Data Bitcoin Treasury Reaches Approximately 709 Bitcoin - Morningstar</dc:text></item><item><title>How Low Can Bitcoin Go? This BTC Price Prediction Targets Lows from September 2024 - Finance Magnates</title><description><![CDATA[How Low Can Bitcoin Go? This BTC Price Prediction Targets Lows from September 2024& & Finance Magnates]]></description><link>https://coinsnews.com/how-low-can-bitcoin-go-this-btc-price-prediction-targets-lows-from-september-2024-finance-magnates</link><guid>858642</guid><author>COINS NEWS</author><dc:content /><dc:text>How Low Can Bitcoin Go? This BTC Price Prediction Targets Lows from September 2024 - Finance Magnates</dc:text></item><item><title>Wall Street still says Bitcoin can hit $100,000, the market is starting to doubt it - CryptoSlate</title><description><![CDATA[Wall Street still says Bitcoin can hit $100,000, the market is starting to doubt it& & CryptoSlate]]></description><link>https://coinsnews.com/wall-street-still-says-bitcoin-can-hit-100000-the-market-is-starting-to-doubt-it-cryptoslate</link><guid>858662</guid><author>COINS NEWS</author><dc:content /><dc:text>Wall Street still says Bitcoin can hit $100,000, the market is starting to doubt it - CryptoSlate</dc:text></item><item><title>Bitcoin On Ethereum? Circle Launches cirBTC on ETH Targeting $9B WBTC Market - Yahoo Finance</title><description><![CDATA[Bitcoin On Ethereum? Circle Launches cirBTC on ETH Targeting $9B WBTC Market& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-on-ethereum-circle-launches-cirbtc-on-eth-targeting-9b-wbtc-market-yahoo-finance</link><guid>858639</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin On Ethereum? Circle Launches cirBTC on ETH Targeting $9B WBTC Market - Yahoo Finance</dc:text></item><item><title>Bitcoin Near $63.5K Is Hovering at What It Costs to Mine BTC, Leaving Miners at Break-Even</title><description><![CDATA[Bitcoin is changing hands near $63,500, a level analyst Charles Edwards says lines up with the network’s average production cost, i.e. the threshold where the typical miner stops turning a profit. Miners Squeezed to the Break-Even Line The recent selloff has dragged bitcoin back to a price band that has historically marked long-term value. In [&#8230;]]]></description><link>https://coinsnews.com/bitcoin-near-635k-is-hovering-at-what-it-costs-to-mine-btc-leaving-miners-at-break-even</link><guid>858623</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitcoin-holds-above-63k-but-sits-at-mining-cost-as-miners-barely-break-even2_nwmk-768x432.jpg</dc:content ><dc:text>Bitcoin Near $63.5K Is Hovering at What It Costs to Mine BTC, Leaving Miners at Break-Even</dc:text></item><item><title>Bitcoin Needs Much Weaker Dollar to Stage Decent Recovery - Barron's</title><description><![CDATA[Bitcoin Needs Much Weaker Dollar to Stage Decent Recovery& & Barron's]]></description><link>https://coinsnews.com/bitcoin-needs-much-weaker-dollar-to-stage-decent-recovery-barrons</link><guid>858641</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Needs Much Weaker Dollar to Stage Decent Recovery - Barron's</dc:text></item><item><title>Bitcoin Elliott Wave: Unfinished Bearish Business - Investing.com</title><description><![CDATA[Bitcoin Elliott Wave: Unfinished Bearish Business& & Investing.com]]></description><link>https://coinsnews.com/bitcoin-elliott-wave-unfinished-bearish-business-investingcom</link><guid>858664</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Elliott Wave: Unfinished Bearish Business - Investing.com</dc:text></item><item><title>Kalshi Taps Sportradar for Official League Data and Integrity Tools in Prediction Markets</title><description><![CDATA[Kalshi has signed a multi-year global deal making sports-data company Sportradar its official data and integrity provider, giving the prediction market official league feeds and surveillance tools as it fights state efforts to brand its contracts illegal betting. Official data, and an integrity shield The agreement gives Kalshi official data and live odds across Major [&#8230;]]]></description><link>https://coinsnews.com/kalshi-taps-sportradar-for-official-league-data-and-integrity-tools-in-prediction-markets</link><guid>858624</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/kalshi-taps-sportradar-for-official-league-data-and-integrity-tools-in-prediction-markets_nmwk-768x432.jpg</dc:content ><dc:text>Kalshi Taps Sportradar for Official League Data and Integrity Tools in Prediction Markets</dc:text></item><item><title>New XRP Lending Protocol Gets Formal Verification In Push For Safer DeFi</title><description><![CDATA[RippleX Developers said formal verification work on the XRP Ledger is moving from the long-running Payment Engine to newer native DeFi protocols, including Single Asset Vault and the upcoming Lending Protocol, marking a shift toward proving protocol correctness before high-stakes features are shipped.
In a June 8 post, Vito Tumas, writing for RippleX Developers, said the new focus follows an exploratory phase earlier this year with Common Prefix, which helped define the technical scope and strategy for applying formal methods to XRPL’s next generation of native financial primitives.
“This pivot represents a change in how we approach protocol-native feature development,” Tumas wrote. “Rather than a safety net, we will embed formal verification practices from day one, specifying and verifying complex new features. We are making provable protocol correctness a design property.”
Why This Matters For The XRP Ledger
The distinction matters because XRPL’s approach to DeFi differs from networks where lending, vaults and other financial logic typically live in separate smart contracts. According to RippleX, the XRP Ledger embeds its DeFi primitives directly into its core C++ architecture. That design can bring performance and integration benefits, but it also raises the cost of failure.
As the post framed it, a bug in an external smart contract may be isolated or replaced. A vulnerability in core Layer-1 C++ code can have ledger-wide implications. That is the security backdrop for the formal verification push around Single Asset Vault and the Lending Protocol, both of which introduce more complex native economic logic to XRPL.
RippleX said the complexity is not mainly about the volume of code. Instead, the central challenge lies in preserving numerical precision across multiple sequential operations, where small rounding issues must not be allowed to compound into larger accounting errors. In lending markets and vault systems, that kind of precision is not a secondary detail; it is part of the economic design.
“Formal verification is the natural tool for this class of problem,” Tumas wrote, describing it as a way to mathematically prove the correctness of these mechanisms and establish a standard for native DeFi primitives that follow.
The post contrasted formal verification with conventional testing. Unit tests, integration tests and system tests can validate specific scenarios that engineers anticipate, including expected user flows and adversarial interactions. The limitation, RippleX argued, is that engineers can only test the cases they think to write.
“For a DeFi protocol with near-infinite state space, that ceiling is low,” Tumas wrote. “Testing confirms the system behaves correctly in the scenarios it was asked about; it cannot speak to the ones it wasn’t.”
Formal verification changes the question. Rather than asking whether a given input produces the right output, the process builds an abstract model of intended protocol behavior in a precise language that computers can analyze. The key question becomes whether the model can behave incorrectly under any expressible condition.
RippleX also outlined how that model can connect back to the production implementation. An “oracle” derived from the proven model can serve as a source of truth against which the xrpld implementation is continuously checked. The same inputs are fed into both the oracle and the C++ implementation, and any deviation in output is flagged.
“In collaboration with Common Prefix, we are applying this methodology to the Single Asset Vault and the Lending Protocol,” Tumas wrote. “The modelling phase has already surfaced edge cases that standard tests missed, not as a sign of weakness, but as evidence that formal verification is working exactly as intended. These are early results, but they reflect a methodology with decades of proof behind it, now within reach of mainstream engineering.”
At press time, XRP traded at $1.17.
]]></description><link>https://coinsnews.com/new-xrp-lending-protocol-gets-formal-verification-in-push-for-safer-defi</link><guid>858693</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/XRPUSDT_2026-06-09_08-21-46.png?resize=1024%2C502</dc:content ><dc:text>New XRP Lending Protocol Gets Formal Verification In Push For Safer DeFi</dc:text></item><item><title>Bitcoin in trouble if it doesn't recover by Q4, currently still in 'classic mid-cycle' bear market - CNBC</title><description><![CDATA[Bitcoin in trouble if it doesn't recover by Q4, currently still in 'classic mid-cycle' bear market& & CNBC]]></description><link>https://coinsnews.com/bitcoin-in-trouble-if-it-doesnt-recover-by-q4-currently-still-in-classic-mid-cycle-bear-market-cnbc</link><guid>858644</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin in trouble if it doesn't recover by Q4, currently still in 'classic mid-cycle' bear market - CNBC</dc:text></item><item><title>Bitcoin Falls Slightly as It Struggles to Recover From Recent Selloff -- Market Talk - Moomoo</title><description><![CDATA[Bitcoin Falls Slightly as It Struggles to Recover From Recent Selloff -- Market Talk& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-falls-slightly-as-it-struggles-to-recover-from-recent-selloff-market-talk-moomoo</link><guid>858661</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Falls Slightly as It Struggles to Recover From Recent Selloff -- Market Talk - Moomoo</dc:text></item><item><title>How Michael Saylor’s preferred stock gamble could trigger a death spiral for Strategy - Fortune</title><description><![CDATA[How Michael Saylor’s preferred stock gamble could trigger a death spiral for Strategy& & Fortune]]></description><link>https://coinsnews.com/how-michael-saylors-preferred-stock-gamble-could-trigger-a-death-spiral-for-strategy-fortune</link><guid>858740</guid><author>COINS NEWS</author><dc:content /><dc:text>How Michael Saylor’s preferred stock gamble could trigger a death spiral for Strategy - Fortune</dc:text></item><item><title>Bitcoin steady at $63k after Strategy buy; ETF outflows ease - Investing.com</title><description><![CDATA[Bitcoin steady at $63k after Strategy buy; ETF outflows ease& & Investing.com]]></description><link>https://coinsnews.com/bitcoin-steady-at-63k-after-strategy-buy-etf-outflows-ease-investingcom</link><guid>858652</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin steady at $63k after Strategy buy; ETF outflows ease - Investing.com</dc:text></item><item><title>Bitget Launches Stocks 2.0 With 36 Tokenized US Stocks and ETFs Including Apple and Nvidia</title><description><![CDATA[Bitget has launched Stocks 2.0, an upgraded tokenized equity product designed to improve liquidity, transparency, and capital efficiency. The rollout includes 36 stock-linked assets tied to major U.S. equities and ETFs. Bitget Targets TradFi Users as Tokenized Stock Volume Tops $1 Billion Bitget is expanding its tokenized stock business with the launch of Bitget Stocks [&#8230;]]]></description><link>https://coinsnews.com/bitget-launches-stocks-20-with-36-tokenized-us-stocks-and-etfs-including-apple-and-nvidia</link><guid>858625</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitget-launches-stocks-2-0-with-36-tokenized-u-s--stocks-and-etfs-including-apple-and-nvidia_nwmk-768x432.jpg</dc:content ><dc:text>Bitget Launches Stocks 2.0 With 36 Tokenized US Stocks and ETFs Including Apple and Nvidia</dc:text></item><item><title>US CPI Data is Critical for Bitcoin and Gold This Week - Yahoo Finance</title><description><![CDATA[US CPI Data is Critical for Bitcoin and Gold This Week& & Yahoo Finance]]></description><link>https://coinsnews.com/us-cpi-data-is-critical-for-bitcoin-and-gold-this-week-yahoo-finance</link><guid>858646</guid><author>COINS NEWS</author><dc:content /><dc:text>US CPI Data is Critical for Bitcoin and Gold This Week - Yahoo Finance</dc:text></item><item><title>Bitcoin Is Going According To Plan: Analyst Who Predicted $59,000 Reveals What’s Next</title><description><![CDATA[Despite the Bitcoin crash to $59,000 triggering extreme fear across the crypto market, not everyone is worried about the move. For some, this move was expected and means that the cryptocurrency’s price is actually going according to plan. One of those who sees this move as a good thing is crypto analyst Alex Mason, who expected this to happen and has revealed what the next steps are for the Bitcoin price.
The ‘Natural’ Trajectory For The Bitcoin Price
In Mason’s analysis, he explains what’s going on with the Bitcoin price and why it fell so much. With the bear market raging for over a year, the analyst explains that the recent crash means that the Bitcoin price is finally getting close to marking its bear market bottom.
With the most recent move, it means that the BTC price has now entered what the crypto analyst refers to as the final stage of the bear market. This is where the bear market forms and the crash to $59,000, followed by the recovery to $61,000, is actually confirmation that this is where the price is in this cycle.
Given that these two price points have played out, the crypto analyst predicts that the next move will be a more bullish one. This would mean a recovery to the $65,000 level. But this would not be the bullish confirmation that the market is waiting for.
Instead, the recovery will only set the stage for the next move, which would be a major crash to the $57,000 level. This would serve as initial support during the decline, but it will only end with a deeper correction into the $40,000s. Once the price finds support at $47,000, that is when the real move begins.
The move into the bullish territory from the $47,000 low is what is expected to carry the Bitcoin price back into 6-figure territory. At the top, the crypto analyst expects that the BTC price will reach $200,000, meaning an over 200% increase.
The crypto analyst has previously called out this move, using the Bitcoin Rainbow Chart to map out the movement. The previous analysis puts the Bitcoin top even higher than $200,000, suggesting that it will reach $400,000 at the top of the cycle in 2029.
]]></description><link>https://coinsnews.com/bitcoin-is-going-according-to-plan-analyst-who-predicted-59000-reveals-whats-next</link><guid>858694</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/Screenshot-2026-06-07-at-21.30.28-Large.jpeg?w=640&amp;#038;resize=640%2C375</dc:content ><dc:text>Bitcoin Is Going According To Plan: Analyst Who Predicted $59,000 Reveals What’s Next</dc:text></item><item><title>IBIT vs. FBTC: Which Bitcoin ETF Is Better? - The Motley Fool</title><description><![CDATA[IBIT vs. FBTC: Which Bitcoin ETF Is Better?& & The Motley Fool]]></description><link>https://coinsnews.com/ibit-vs-fbtc-which-bitcoin-etf-is-better-the-motley-fool</link><guid>858649</guid><author>COINS NEWS</author><dc:content /><dc:text>IBIT vs. FBTC: Which Bitcoin ETF Is Better? - The Motley Fool</dc:text></item><item><title>IBIT vs. FBTC: Which Bitcoin ETF Is Better? - Yahoo Finance</title><description><![CDATA[IBIT vs. FBTC: Which Bitcoin ETF Is Better?& & Yahoo Finance]]></description><link>https://coinsnews.com/ibit-vs-fbtc-which-bitcoin-etf-is-better-yahoo-finance</link><guid>858645</guid><author>COINS NEWS</author><dc:content /><dc:text>IBIT vs. FBTC: Which Bitcoin ETF Is Better? - Yahoo Finance</dc:text></item><item><title>Google Unveils a Clever Trick to Safeguard You From AI-Driven Phone Scams</title><description><![CDATA[Google is adding call verification to Pixel phones in the latest Android update, using the Phone by Google app to create a secure handshake between two devices and flag spoofed numbers. The system pings a contact’s actual handset in real time and warns users if the call doesn’t originate there, with broader RCS-based rollout planned. [&#8230;]]]></description><link>https://coinsnews.com/google-unveils-a-clever-trick-to-safeguard-you-from-ai-driven-phone-scams</link><guid>858626</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/google-unveils-a-clever-trick-to-safeguard-you-from-ai-driven-phone-scams-768x432.png</dc:content ><dc:text>Google Unveils a Clever Trick to Safeguard You From AI-Driven Phone Scams</dc:text></item><item><title>MARA Holdings (MARA) Is Down 7.2% After Wider Loss Narrows Bitcoin Revenue, Spotlighting AI Pivot - simplywall.st</title><description><![CDATA[MARA Holdings (MARA) Is Down 7.2% After Wider Loss Narrows Bitcoin Revenue, Spotlighting AI Pivot& & simplywall.st]]></description><link>https://coinsnews.com/mara-holdings-mara-is-down-72-after-wider-loss-narrows-bitcoin-revenue-spotlighting-ai-pivot-simplywallst</link><guid>858666</guid><author>COINS NEWS</author><dc:content /><dc:text>MARA Holdings (MARA) Is Down 7.2% After Wider Loss Narrows Bitcoin Revenue, Spotlighting AI Pivot - simplywall.st</dc:text></item><item><title>Saylor blamed AI for bitcoin crash. Arca has one word for that: Nonsense - CoinDesk</title><description><![CDATA[Saylor blamed AI for bitcoin crash. Arca has one word for that: Nonsense& & CoinDesk]]></description><link>https://coinsnews.com/saylor-blamed-ai-for-bitcoin-crash-arca-has-one-word-for-that-nonsense-coindesk</link><guid>858640</guid><author>COINS NEWS</author><dc:content /><dc:text>Saylor blamed AI for bitcoin crash. Arca has one word for that: Nonsense - CoinDesk</dc:text></item><item><title>Binance eyes Asian stock trading as Bitcoin slumps - Nikkei Asia</title><description><![CDATA[Binance eyes Asian stock trading as Bitcoin slumps& & Nikkei Asia]]></description><link>https://coinsnews.com/binance-eyes-asian-stock-trading-as-bitcoin-slumps-nikkei-asia</link><guid>858658</guid><author>COINS NEWS</author><dc:content /><dc:text>Binance eyes Asian stock trading as Bitcoin slumps - Nikkei Asia</dc:text></item><item><title>Prediction: Bitcoin Will Hit $250,000 Before the Next Halving in 2028 - The Motley Fool</title><description><![CDATA[Prediction: Bitcoin Will Hit $250,000 Before the Next Halving in 2028& & The Motley Fool]]></description><link>https://coinsnews.com/prediction-bitcoin-will-hit-250000-before-the-next-halving-in-2028-the-motley-fool</link><guid>858653</guid><author>COINS NEWS</author><dc:content /><dc:text>Prediction: Bitcoin Will Hit $250,000 Before the Next Halving in 2028 - The Motley Fool</dc:text></item><item><title>Switzerland Considers Historic Move to Constitutionally Cap Its Population at 10 Million</title><description><![CDATA[The unusual vote proposes capping legal immigration to put a population limit of 10 million in Switzerland before the year 2050. If approved, the right-wing-supported “sustainability measure” would make Switzerland the first nation to impose this limit. Switzerland To Vote On Population Cap Measure As immigration has become a relevant issue for European countries, governments [&#8230;]]]></description><link>https://coinsnews.com/switzerland-considers-historic-move-to-constitutionally-cap-its-population-at-10-million</link><guid>858627</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/swissballot_nwmk-768x432.jpg</dc:content ><dc:text>Switzerland Considers Historic Move to Constitutionally Cap Its Population at 10 Million</dc:text></item><item><title>Bitcoin Falls; Focus on Mideast Developments, U.S. Inflation Data -- Market Talk - Moomoo</title><description><![CDATA[Bitcoin Falls; Focus on Mideast Developments, U.S. Inflation Data -- Market Talk& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-falls-focus-on-mideast-developments-us-inflation-data-market-talk-moomoo</link><guid>858660</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Falls; Focus on Mideast Developments, U.S. Inflation Data -- Market Talk - Moomoo</dc:text></item><item><title>Prediction: Bitcoin Will Hit $250,000 Before the Next Halving in 2028 - Yahoo Finance</title><description><![CDATA[Prediction: Bitcoin Will Hit $250,000 Before the Next Halving in 2028& & Yahoo Finance]]></description><link>https://coinsnews.com/prediction-bitcoin-will-hit-250000-before-the-next-halving-in-2028-yahoo-finance</link><guid>858751</guid><author>COINS NEWS</author><dc:content /><dc:text>Prediction: Bitcoin Will Hit $250,000 Before the Next Halving in 2028 - Yahoo Finance</dc:text></item><item><title>‘Time For CLARITY Act’: Over 200 Crypto Organizations Push For Senate Vote</title><description><![CDATA[Over 200 crypto organizations sent a letter to Senate Majority Leader John Thune and Senate Minority Leader Charles Schumer, urging the lawmakers to advance the long-awaited market structure bill, known as the CLARITY Act.
Crypto Industry Pushes For CLARITY Act Vote
On Monday, advocacy group Stand With Crypto shared a coordinated letter with the Blockchain Association, the Crypto Council for Innovation (CCI), and The Digital Chamber, urging Senate leaders to schedule a vote for the CLARITY Act.
“Stand With Crypto and over 200 organizations sent a simple message to Senate leadership: it&#8217;s time for the Clarity Act,” the advocacy group wrote on X, affirming that the legislation “needs to cross the finish line.”
Signed by key industry players including Coinbase, Circle, Ripple, and Binance.US, the letter underscored the importance of the CLARITY Act’s bipartisan passage during the Senate Banking Committee’s markup session and urged the Senate to build on that momentum to enable members to advance durable market structure legislation.
This bill is set to establish a comprehensive federal framework for digital asset markets, the letter noted, clarifying regulatory responsibilities, creating workable registration pathways, maintaining protections for software developers, and bringing more crypto asset activity into responsible US markets.
Therefore, the CLARITY Act will allow Congress to keep innovation, jobs, investment, and market activity in the US while strengthening America’s role as the global leader in digital asset innovation.
Digital asset markets are global, growing, and central to the future of financial infrastructure. The question before Congress is whether that future will be built in the United States — under U.S. law, U.S. oversight, and American values — or continue moving to offshore jurisdictions with less transparency, weaker consumer protections, and limited accountability.
The crypto organizations argued that the Senate has the opportunity to “ensure the next generation of financial infrastructure is built, governed, and regulated in America,” and must “bring the Clarity Act to the Senate floor without delay.”
Similarly, the Blockchain Association and 160 former national security, intelligence, and law enforcement professionals. As reported by Bitcoinist, the advocacy group and the signatories urged Senators Thune and Schumer last week to move forward with the CLARITY Act.
The letter also argued that without a clear federal framework, crypto activity could continue shifting offshore to opaque markets, making it harder for US authorities to monitor and prosecute financial crimes.
CLARITY Act Faces Key Hurdles
The industry’s push follows last month’s approval of the Senate Banking Committee’s portion of the crypto bill, which was stalled for months over the stablecoin yield dispute. Now, a full Senate vote is expected in the coming weeks, with a potential passage by July 4, according to Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets.
Nonetheless, the legislation will require approval by the House of Representatives, which passed its own version of the bill last year, suggesting that the two texts may need key reconciliation before it can move to President Donald Trump’s desk.
As a result, many believe that the odds of the CLARITY Act’s passage in 2026 have decreased. On Friday, Galaxy’s Head of Firmwide Research, Alex Thorn, sent a note to clients lowering his odds of passage from 75% to 60%.
He explained that the Senate calendar was “one of the biggest hurdles, and that picture has worsened,” noting that after the failed FISA reauthorization vote on Thursday, this week will likely be dominated by FISA-related business, potentially reducing the window to work on the CLARITY Act.
In addition, he highlighted the lack of news suggesting negotiations around the bill have advanced on outstanding issues, including ethics or illicit finance. Notably, the two Senate Democrats who voted to advance the CLARITY Act, Senators Ruben Gallego and Angela Alsobrooks, have warned that their future support will depend on an agreement on ethics guardrails for government officials dealing with crypto.
“I’m still optimistic, but the timing matters a lot now, and odds could shift wildly as the calendar progresses,” Thorn concluded.
]]></description><link>https://coinsnews.com/time-for-clarity-act-over-200-crypto-organizations-push-for-senate-vote</link><guid>858695</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/HKSO1pWXcAAJ8Cv.jpeg?w=578&amp;#038;resize=578%2C660</dc:content ><dc:text>‘Time For CLARITY Act’: Over 200 Crypto Organizations Push For Senate Vote</dc:text></item><item><title>Top 100 Bitcoin Treasuries Now Hold 1.26M BTC</title><description><![CDATA[Institutional bitcoin treasuries are expanding, with the top 100 holders controlling 1,258,090 BTC, led by Strategy’s massive 845,256 BTC position. Bitcoin Treasuries Are Turning Scarcity Into Strategy Institutional bitcoin accumulation has grown dramatically, with the top 100 holders now controlling 1,258,090 BTC as of June 8, 2026, according to a chart published on X by [&#8230;]]]></description><link>https://coinsnews.com/top-100-bitcoin-treasuries-now-hold-126m-btc</link><guid>858628</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitcoin-treasury-companies-june-8_nwmk-768x432.jpg</dc:content ><dc:text>Top 100 Bitcoin Treasuries Now Hold 1.26M BTC</dc:text></item><item><title>Missouri man pleads guilty in plot to kidnap Danbury couple over stolen Bitcoin fortune - fox61.com</title><description><![CDATA[Missouri man pleads guilty in plot to kidnap Danbury couple over stolen Bitcoin fortune& & fox61.com]]></description><link>https://coinsnews.com/missouri-man-pleads-guilty-in-plot-to-kidnap-danbury-couple-over-stolen-bitcoin-fortune-fox61com</link><guid>858656</guid><author>COINS NEWS</author><dc:content /><dc:text>Missouri man pleads guilty in plot to kidnap Danbury couple over stolen Bitcoin fortune - fox61.com</dc:text></item><item><title>North Tonawanda residents push back on plan to convert bitcoin mining facility into AI data center - WKBW</title><description><![CDATA[North Tonawanda residents push back on plan to convert bitcoin mining facility into AI data center& & WKBW]]></description><link>https://coinsnews.com/north-tonawanda-residents-push-back-on-plan-to-convert-bitcoin-mining-facility-into-ai-data-center-wkbw</link><guid>858651</guid><author>COINS NEWS</author><dc:content /><dc:text>North Tonawanda residents push back on plan to convert bitcoin mining facility into AI data center - WKBW</dc:text></item><item><title>North Tonawanda residents against plan to convert bitcoin mining facility into AI data center - WKBW</title><description><![CDATA[North Tonawanda residents against plan to convert bitcoin mining facility into AI data center& & WKBW]]></description><link>https://coinsnews.com/north-tonawanda-residents-against-plan-to-convert-bitcoin-mining-facility-into-ai-data-center-wkbw</link><guid>858741</guid><author>COINS NEWS</author><dc:content /><dc:text>North Tonawanda residents against plan to convert bitcoin mining facility into AI data center - WKBW</dc:text></item><item><title>Bitcoin Above $63,000: Two AI Models Outline Next Scenarios For BTC’s Move</title><description><![CDATA[Bitcoin (BTC) has climbed back above the $63,000 level after falling to its lowest point since 2024 last week. Even so, two AI models analyzed by CCN suggest that the path ahead for BTC is likely to remain uneven, with multiple outcomes depending on how macroeconomic signals and market positioning develop.
Bitcoin Outlook Under ChatGPT
CCN’s report drew on ChatGPT’s four-scenario framework and assigned probabilities to each. In the base case, set at a 60% chance, the model expects a market that stays volatile but trends upward overall.
That outcome, according to ChatGPT, would be supported by continued exchange-traded fund (ETF) inflows, eventual rate cuts, and expanding corporate treasury adoption. 
A deeper correction was given a 25% likelihood, with the model pointing to drivers such as sticky inflation, regulatory shocks, or recession fears. If those factors intensify, ChatGPT suggested BTC could retreat toward the $60,000 support zone, depending on how severe the downturn becomes.
The remaining probability split covered an upside and extreme tail risk. ChatGPT allocated 10% to a more aggressive scenario described as “an explosive bull run” far above the current consensus. It also assigned 5% to black swan events that could push the market in either direction. 
While ChatGPT presented a full set of scenarios, it also highlighted what it called its single most likely outcome. That “chaos case” is not framed as either a clean rally or a straightforward crash. 
Instead, ChatGPT expects multiple swings of 10% to 20% over days or weeks, with headlines repeatedly shifting between fresh bull-market claims and new crash warnings. 
The result, in the model’s view, would be turbulence—an environment where institutional adoption and macro uncertainty collide, producing sharp moves but no clear sustained direction for months.
Claude’s Path For BTC
Claude’s Bitcoin outlook, in contrast, was structured around macro timing and catalysts. It focused on liquidation dynamics and upcoming data points. 
From there, Claude identified two key decision windows for the next phase: May CPI, scheduled for June 10, and the FOMC dot plot on June 17. Based on what those signals could mean for rate cut expectations and broader liquidity conditions, Claude built three conditional Bitcoin scenarios.
In Claude’s first scenario, a second consecutive hot CPI print would change the outlook quickly. The model suggested this would likely erase remaining 2026 rate cut expectations, strengthen the US dollar, and drain liquidity from risk assets like Bitcoin. Claude rated this setup as the highest near-term risk option. 
It also included a price implication: a clean break below $60,000 could open the door to $55,000, with $52,000 in play if Strategy (previously MicroStrategy) continued trimming Bitcoin to fund preferred dividends.
Claude’s second scenario assumes an “in-line” CPI print. In that case, the model expected the Fed to stay cautious, with the median dot pointing to one cut. Bitcoin would likely grind sideways between $60,000 and $68,000 through the FOMC meeting, and Claude rated this as the most likely route if the data lands as expected.
The third Claude scenario looks for a relief-driven upside path. If CPI comes in cooler—below 3.0%, as Claude described—it would reprice the interest-rate curve toward more cuts, push the dollar lower, and potentially spark a relief rally. 
Claude projected a snap-back toward roughly $70,000 to $75,000 in that case, though it characterized the outcome as real but lower probability compared with the other paths.
Featured image created with OpenArt; chart from TradingView.com 
]]></description><link>https://coinsnews.com/bitcoin-above-63000-two-ai-models-outline-next-scenarios-for-btcs-move</link><guid>858609</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Above $63,000: Two AI Models Outline Next Scenarios For BTC’s Move</dc:text></item><item><title>Bitcoin Cut In Half (BTC-USD) - Seeking Alpha</title><description><![CDATA[Bitcoin Cut In Half (BTC-USD)& & Seeking Alpha]]></description><link>https://coinsnews.com/bitcoin-cut-in-half-btc-usd-seeking-alpha</link><guid>858594</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Cut In Half (BTC-USD) - Seeking Alpha</dc:text></item><item><title>Peter Schiff Poll: Bitcoiners Stand Firm Even if Bitcoin Crashes to $0</title><description><![CDATA[Peter Schiff’s bitcoin poll reignited debate after most respondents indicated that even a collapse to $0 would not prove his bearish case correct, while others pointed to thresholds between $20,000 and $1,000. Schiff also warned that technical weakness could drive BTC toward $25,000 to $27,000, raising scrutiny of Strategy Inc.’s exposure. Bitcoiners Reject Peter Schiff’s [&#8230;]]]></description><link>https://coinsnews.com/peter-schiff-poll-bitcoiners-stand-firm-even-if-bitcoin-crashes-to-0</link><guid>858629</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/peter-schiff-bitcoin-poll-price-prediction_nwmk-768x432.jpg</dc:content ><dc:text>Peter Schiff Poll: Bitcoiners Stand Firm Even if Bitcoin Crashes to $0</dc:text></item><item><title>Have Institutions Really Left Bitcoin? Analyst Explains Weakness May Be Misleading</title><description><![CDATA[Bitcoin has reclaimed the $63,000 level after losing the $60,000 mark last Friday in a breakdown that forced the most significant reassessment of market structure since the February lows. The recovery is tentative but meaningful — and XWIN Research Japan has published an analysis that addresses the question now circulating across every corner of the market with a directness the data supports.
Have institutions abandoned Bitcoin?
At first glance, the evidence points toward yes. Bitcoin has fallen sharply from its cycle highs. ETF outflows have persisted across multiple sessions. Altcoins across the ecosystem are down more than 70% from their peaks. The institutional enthusiasm that defined the post-ETF approval era appears to have cooled into something considerably more cautious.
The CryptoQuant data tells a more nuanced story. Spot trading volume across centralized exchanges fell to $679 billion in April 2026 — the lowest level since October 2023. Compared to the late-2025 highs, trading activity has declined by approximately 67%. Perpetual futures volume has fallen alongside spot volume as speculative leverage exits the market. The data describes a market with a buyer problem rather than a seller problem — participants stepping back rather than actively distributing.
But institutions have not disappeared — and the distinction between reduced participation and full abandonment is the most important analytical question the current recovery attempt requires answering before any conclusions about Bitcoin&#8217;s next major direction can be drawn with confidence.
Prices Are Weak But Foundations Are Not Breaking
The XWIN Research Japan analysis identifies the institutional presence that the headline ETF outflow numbers obscure. CryptoQuant&#8217;s average trade size data shows that exchanges including Gate, Kraken, and OKX continue processing large institutional-sized transactions — professional capital that has not exited the market but has reduced its visible activity in the metrics most commonly cited as institutional demand proxies.
Exchange reserves confirm the same reading from a different angle. Bitcoin held across all exchanges has fallen to approximately 2.7 million BTC — near multi-year lows. Investors continue withdrawing coins rather than moving them toward the sell side. The long-term conviction that was built during the ETF era has not reversed into distribution. It has retreated into patience.
The convergence of traditional finance and crypto infrastructure adds the structural dimension that the price weakness cannot erase. Trading in gold, silver, oil, equities, and ETFs on crypto exchanges reached record levels in 2026 — digital asset platforms evolving into broader financial marketplaces that serve institutional needs well beyond Bitcoin speculation.
The honest summary the analysis delivers is balanced without being falsely optimistic. Prices are weak. Demand is weak. The current market is genuinely bearish and the data reflects that without softening it.
But institutions remain active in the transaction data. Exchange reserves continue their structural decline. Market infrastructure keeps expanding. The next cycle&#8217;s foundation is being assembled during the current cycle&#8217;s weakness — quietly, persistently, and in the data rather than in the price.
Bitcoin Defends February Lows As Bulls Fight To Rebuild Structure
Bitcoin is attempting to stabilize above the $63,000 level after last week&#8217;s violent breakdown briefly pushed price below $60,000. The rebound has relieved some immediate selling pressure, but the daily chart still reflects a market operating within a clear bearish structure.
The most important development is Bitcoin&#8217;s recovery from the $60,000-$62,000 support region, which coincides with the February lows and represents the strongest demand zone visible on the chart. Buyers stepped in aggressively after the breakdown, producing a sharp bounce that prevented a deeper decline toward the mid-$50,000 range. However, the recovery remains incomplete.
Price continues trading below the former support area between $64,000 and $66,000, highlighted on the chart as a key supply zone. This region previously acted as support during the March and April consolidation and is now likely to attract sellers on any further rally attempt. Reclaiming that range is the first requirement for bulls to regain control of the short-term trend.
The broader technical picture remains weak. Bitcoin is trading below the 50-day, 100-day, and 200-day moving averages, all of which are sloping downward. The recent selloff was accompanied by a notable increase in volume, confirming strong participation behind the move rather than a low-liquidity decline.
The market appears to be building a relief rally from oversold conditions. As long as Bitcoin holds above $60,000, the possibility of a larger recovery remains intact. A failure to reclaim $64,000-$66,000, however, would leave the door open for another test of the recent lows.
Featured image from ChatGPT, chart from TradingView.com
]]></description><link>https://coinsnews.com/have-institutions-really-left-bitcoin-analyst-explains-weakness-may-be-misleading</link><guid>858610</guid><author>COINS NEWS</author><dc:content >https://i0.wp.com/img.cryptoquant.com/726807/quicktake/hJwsS_81af196eb80970480e83732604c5308fe9052b7eea5c03110cd7903bd69b61fa.png?resize=1280%2C720&amp;#038;ssl=1</dc:content ><dc:text>Have Institutions Really Left Bitcoin? Analyst Explains Weakness May Be Misleading</dc:text></item><item><title>Bitcoin, Ethereum, XRP, Dogecoin Slide Even As Michael Saylor's Strategy Inc Resumes Buying BTC: Analyst Says 'Buy' The ETH Dip - Yahoo Finance</title><description><![CDATA[Bitcoin, Ethereum, XRP, Dogecoin Slide Even As Michael Saylor's Strategy Inc Resumes Buying BTC: Analyst Says 'Buy' The ETH Dip& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-ethereum-xrp-dogecoin-slide-even-as-michael-saylors-strategy-inc-resumes-buying-btc-analyst-says-buy-the-eth-dip-yahoo-finance</link><guid>858587</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin, Ethereum, XRP, Dogecoin Slide Even As Michael Saylor's Strategy Inc Resumes Buying BTC: Analyst Says 'Buy' The ETH Dip - Yahoo Finance</dc:text></item><item><title>Crypto Oversight in the Spotlight After Warren Questions Federal Regulation</title><description><![CDATA[U.S. Senator Elizabeth Warren pressed the CFTC over whether it can effectively police fast-growing crypto and prediction markets. Her letter cited staffing cuts, declining enforcement, and potential industry and political influence as risks to investors. Crypto Oversight in the Spotlight After Warren Questions Federal Regulation U.S. Senator Elizabeth Warren on June 8 announced an inquiry [&#8230;]]]></description><link>https://coinsnews.com/crypto-oversight-in-the-spotlight-after-warren-questions-federal-regulation</link><guid>858580</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/elizabeth-warren-cftc-oversight_nwmk-768x432.jpg</dc:content ><dc:text>Crypto Oversight in the Spotlight After Warren Questions Federal Regulation</dc:text></item><item><title>Strategy Erases Last Week’s Bitcoin Sale With 1,550 BTC Purchase</title><description><![CDATA[Bitcoin treasury firm Strategy has already more than made up for last week&#8217;s 32 BTC sale as it has announced a new major acquisition.
Strategy Has Just Added To Both Bitcoin And USD Reserves
In a new post on X, Strategy co-founder and chairman Michael Saylor has shared details related to the latest Bitcoin acquisition completed by the treasury company. With this purchase, the firm has expanded its reserves by a total of 1,550 BTC.
The buy has come just a week after Strategy shocked the market with a sale of 32 BTC, ending a long accumulation streak since late 2020. While the scale of the sale was small, the fact that such a resolute buyer of the asset participated in selling was enough to affect sentiment in the sector, with BTC observing a major price drawdown.
The return to accumulation just one week later, however, has already completely reversed the effect that the sale had on Strategy&#8217;s holdings. Following this purchase, which cost about $101 million, the firm&#8217;s reserves have grown to 845,256 BTC, which is a new record.
In his usual Sunday X post, Saylor already foreshadowed a continuation of buying for Strategy, sharing the company&#8217;s BTC portfolio with the caption, &#8220;A good time to add more dots.&#8221;
Phong Le, the firm&#8217;s CEO, quote-reposted the post, noting, &#8220;Our corporate @Strategy is to increase net Bitcoin and Bitcoin per share over time. Rumors otherwise are just rumors.&#8221;
The latest Bitcoin purchase has also arrived with an addition to Strategy&#8217;s USD reserves. The firm established this reserve last year with the aim of creating a buffer that would allow timely dividend payments regardless of market conditions.
According to Saylor, the company has just added another $100 million to this reserve, taking its total value to $1 billion. Earlier, the reserve had a notably higher value than this, indicating that the firm has been relying on it to pay dividends amid the current market downturn.
The 8-K filing with the US Securities and Exchange Commission (SEC) suggests that Strategy fueled the new Bitcoin buy with sales of its MSTR at-the-market (ATM) stock offering. The USD reserve has been funded similarly, although the filing noted that the $100 million expansion amount includes cash proceeds that are yet to be settled.
In some other news, the US Bitcoin spot exchange-traded funds (ETFs) posted another week of net outflows last week, according to data from SoSoValue. A total of $1.72 billion left these funds with this red netflow spike.
From the chart, it&#8217;s visible that this was the fourth consecutive week of negative netflows for the Bitcoin spot ETFs.
BTC Price
At the time of writing, Bitcoin is floating around $63,400, down nearly 12% in the last seven days.
]]></description><link>https://coinsnews.com/strategy-erases-last-weeks-bitcoin-sale-with-1550-btc-purchase</link><guid>858611</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/chart_ae2667.png?w=980&amp;#038;resize=980%2C379</dc:content ><dc:text>Strategy Erases Last Week’s Bitcoin Sale With 1,550 BTC Purchase</dc:text></item><item><title>How Low Can Bitcoin Go? - The Motley Fool</title><description><![CDATA[How Low Can Bitcoin Go?& & The Motley Fool]]></description><link>https://coinsnews.com/how-low-can-bitcoin-go-the-motley-fool</link><guid>858588</guid><author>COINS NEWS</author><dc:content /><dc:text>How Low Can Bitcoin Go? - The Motley Fool</dc:text></item><item><title>OpenAI Files Draft S-1 at $852B Valuation as ChatGPT Hits 900M Weekly Users</title><description><![CDATA[OpenAI, the company behind ChatGPT, filed a confidential draft S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on Monday, positioning itself for a potential public offering that could rank among the largest in market history. OpenAI Confirms the Filing The company acknowledged the submission in a statement that circulated widely across social [&#8230;]]]></description><link>https://coinsnews.com/openai-files-draft-s-1-at-852b-valuation-as-chatgpt-hits-900m-weekly-users</link><guid>858581</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/openai-files-draft-s-1-at-852b-valuation-as-chatgpt-hits-900m-weekly-users_nwmk-768x432.png</dc:content ><dc:text>OpenAI Files Draft S-1 at $852B Valuation as ChatGPT Hits 900M Weekly Users</dc:text></item><item><title>Does Strategy (MSTR) Selling Bitcoin To Fund Preferred Dividends Hint At A New Treasury Playbook? - simplywall.st</title><description><![CDATA[Does Strategy (MSTR) Selling Bitcoin To Fund Preferred Dividends Hint At A New Treasury Playbook?& & simplywall.st]]></description><link>https://coinsnews.com/does-strategy-mstr-selling-bitcoin-to-fund-preferred-dividends-hint-at-a-new-treasury-playbook-simplywallst</link><guid>858590</guid><author>COINS NEWS</author><dc:content /><dc:text>Does Strategy (MSTR) Selling Bitcoin To Fund Preferred Dividends Hint At A New Treasury Playbook? - simplywall.st</dc:text></item><item><title>Ethereum Records Massive Exchange Outflow Across Major Exchanges – Demand Recovering?</title><description><![CDATA[Ethereum has reclaimed the $1,650 level after the most significant drop of recent weeks carried the price to approximately $1,520 — a low that tested the structural conviction of holders across every category and time horizon. The recovery is tentative but real — and CryptoQuant data has identified a development in the exchange reserve data that occurred during and immediately after the drop that changes how the current bounce should be interpreted.
Between June 4 and June 7, Ethereum exchange reserves across four major platforms declined by approximately 475,000 ETH in a synchronized move that was not isolated to any single venue. Binance reserves fell from 3.87 million ETH to 3.68 million ETH — a reduction of approximately 190,000 ETH. Bitfinex declined from 2.67 million ETH to 2.49 million ETH, shedding another 180,000 ETH over the same window. OKX recorded the sharpest percentage decline, with reserves falling from 424,000 ETH to 340,000 ETH between June 4 and June 7 — a drop of nearly 20% in three days. Gemini added to the picture, declining from 541,000 ETH to 520,000 ETH between June 5 and June 7.
Four exchanges. Four simultaneous reserve declines. A combined 475,000 ETH leaving exchange custody during the exact period that the price was testing its lowest levels. The synchronization is the signal — and what it describes about who was active at $1,520 is the most important analytical question the CryptoQuant data raises.
475000 ETH Left Four Exchanges in Three Days
The CryptoQuant analysis identifies synchronization as the element that elevates individual exchange declines into a market structure signal. A single exchange reducing reserves during a price drop can reflect routine portfolio management, custody migration, or any number of operational decisions specific to that venue. Four exchanges declining simultaneously — Binance, OKX, Bitfinex, and Gemini — across the same three-day window while Ethereum was testing its lowest levels points toward something more deliberate and more directional.
The combined 475,000 ETH reduction tightens the available liquidity on centralized platforms at precisely the moment the price was creating the conditions that historically attract accumulation. Whether the withdrawals reflect coordinated institutional positioning, individual large holders independently reaching the same conclusion about the $1,520 level, or a combination of both, the aggregate effect on exchange supply is identical — less ETH immediately available for sale on the venues where most spot trading occurs.
June 7 emerges from the analysis as a key structural date. The reserve declines concentrated around that window create a before-and-after reference point for tracking whether the tightening continues or reverses as Ethereum attempts to hold the $1,650 recovery.
The honest framing the analysis preserves matters. This is not an automatic bullish signal — reserve declines require strengthening demand to convert supply tightness into price appreciation. If ETH reserves continue falling while spot demand improves, Ethereum enters a thinner exchange liquidity environment where the same buying pressure produces larger price responses than it would against a fully stocked order book. That combination has not yet been confirmed. But the structural foundation for it was quietly assembled between June 4 and June 7.
Ethereum Attempts Recovery After Historic Support Breakdown
Ethereum is attempting to stabilize above $1,650 after suffering one of its sharpest declines of the year. The daily chart shows ETH rebounding from a local low near $1,520, but the broader technical structure remains decisively bearish. Most importantly, Ethereum has now broken below the February support zone around $1,800–$1,900, a level that acted as a major floor throughout the last four months.
The significance of this breakdown cannot be overstated. The February low marked the capitulation event that established the base for the subsequent recovery toward $2,400. By falling below that level, ETH has invalidated a key support structure and entered price territory not seen since the first quarter of the year.
Volume surged aggressively during the selloff, confirming strong participation from sellers rather than a low-liquidity decline. However, the current bounce is occurring alongside a noticeable reduction in selling volume, suggesting that the most intense phase of the liquidation may be easing for now.
From a trend perspective, ETH remains below the 50-day, 100-day, and 200-day moving averages, all of which continue to slope downward. The first major resistance sits near $1,800, followed by the former support zone around $1,900. Until those levels are reclaimed, the recovery remains a relief rally within a larger downtrend.
Featured image from ChatGPT, chart from TradingView.com
]]></description><link>https://coinsnews.com/ethereum-records-massive-exchange-outflow-across-major-exchanges-demand-recovering</link><guid>858612</guid><author>COINS NEWS</author><dc:content >https://i0.wp.com/img.cryptoquant.com/4545/quicktake/hTBWH0Q8W_f3101eb569e027dece43ac95c0c1314892d6850d283905338e599fe5bd3d8f89.png?resize=1280%2C720&amp;#038;ssl=1</dc:content ><dc:text>Ethereum Records Massive Exchange Outflow Across Major Exchanges – Demand Recovering?</dc:text></item><item><title>Peter Schiff Calls Jamie Dimon’s Stablecoin Regulation Argument ‘Nonsense’</title><description><![CDATA[Peter Schiff pushed back against JPMorgan Chase CEO Jamie Dimon’s call for bank-style rules on crypto firms offering yield products. The debate centers on whether stablecoin issuers, which typically back tokens with reserves, should be regulated like federally insured banks that use deposits to make loans. Peter Schiff Says Bank Rules Do Not Fit Stablecoin [&#8230;]]]></description><link>https://coinsnews.com/peter-schiff-calls-jamie-dimons-stablecoin-regulation-argument-nonsense</link><guid>858582</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/peter-schiff-jamie-dimon-stablecoin-regulation_nwmk-768x432.jpg</dc:content ><dc:text>Peter Schiff Calls Jamie Dimon’s Stablecoin Regulation Argument ‘Nonsense’</dc:text></item><item><title>Institutional Conviction Remains Strong Despite Bitcoin Downturn, According to Coinbase Executive - Yahoo Finance</title><description><![CDATA[Institutional Conviction Remains Strong Despite Bitcoin Downturn, According to Coinbase Executive& & Yahoo Finance]]></description><link>https://coinsnews.com/institutional-conviction-remains-strong-despite-bitcoin-downturn-according-to-coinbase-executive-yahoo-finance</link><guid>858589</guid><author>COINS NEWS</author><dc:content /><dc:text>Institutional Conviction Remains Strong Despite Bitcoin Downturn, According to Coinbase Executive - Yahoo Finance</dc:text></item><item><title>Bitcoin Bottom Prediction: Top Analyst Says It’s Close—What Price Comes Next? - TradingView</title><description><![CDATA[Bitcoin Bottom Prediction: Top Analyst Says It’s Close—What Price Comes Next?& & TradingView]]></description><link>https://coinsnews.com/bitcoin-bottom-prediction-top-analyst-says-its-closewhat-price-comes-next-tradingview</link><guid>858655</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Bottom Prediction: Top Analyst Says It’s Close—What Price Comes Next? - TradingView</dc:text></item><item><title>Mbappé Objects to France Stars’ Images Promoting Bookmaker Ahead of World Cup</title><description><![CDATA[Several France internationals, led by Kylian Mbappé, are unhappy that their images were used in a World Cup betting promotion for Betclic, an official partner of the French football federation, according to L’Équipe. A grievance aimed at the federation, not the bookmaker French national-team players, led by Kylian Mbappé, are unhappy about the use of [&#8230;]]]></description><link>https://coinsnews.com/mbappe-objects-to-france-stars-images-promoting-bookmaker-ahead-of-world-cup</link><guid>858583</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/mbappe-objects-to-france-stars-images-promoting-bookmaker-ahead-of-world-cup_nwmk-768x432.jpg</dc:content ><dc:text>Mbappé Objects to France Stars’ Images Promoting Bookmaker Ahead of World Cup</dc:text></item><item><title>Bitcoin Bull Turn Hinges On US Debt Wall, Real Vision Says</title><description><![CDATA[Real Vision Chief Crypto Analyst Jamie Coutts says Bitcoin is moving into a more attractive long-term setup, but a major US Treasury refinancing wall may still stand between the market and a durable bullish reversal.
In a post on X, Coutts said Bitcoin’s long-term technical backdrop is beginning to resemble the kind of structure that can precede a cycle bottom. “I&#8217;ll be the first to turn bullish on Bitcoin when the long-term technicals hit exhaustion and the trend turns,” he wrote. “I&#8217;ve argued Q2/Q3 would mark the bottom based on historical bear-market structures. Its playing out that way. The relative setup is approaching very attractive levels. The asset is in the long-term accumulation zone, imo.”
US Debt Refinancing Wall May Pressure Bitcoin
The issue, in Coutts’ view, is not simply Bitcoin’s chart. It is the macro plumbing around it.
He pointed to 2027, when the US faces $3.67 trillion in coupon maturities, a figure he said is 36% above the 2020–2025 average. The refinancing burden reflects the repricing of Covid-era debt issued when rates were near zero into a market where rates are now in the 4% to 5% range.
For Bitcoin and other risk assets, the concern is whether current liquidity conditions can absorb that level of issuance without stress in the Treasury market. Coutts argued that liquidity remains a constraint, particularly as capital has continued to rotate away from crypto since late 2025.
“Retail and insto flows have been rotating out of Bitcoin and crypto since Q4 2025,” he said. “Every marginal unit of liquidity has flowed into AI buildout assets. That makes sense. Capital flows to where it&#8217;s treated best. Right now, the capital allocation argument sits with AI equities and commodities. On-chain activity is back at multi-year lows.”
That rotation matters because Bitcoin’s bull phases have historically depended not only on internal crypto positioning, but also on broader liquidity expansion and risk appetite. Coutts’ point is that Bitcoin may be entering a structurally attractive zone at the same time liquidity remains scarce and competing asset classes are absorbing the available capital.
He also pushed back against the market’s focus on IPO issuance, arguing that the larger issue is the government refinancing burden and the ability of the financial system to intermediate it. “While the market fixates on IPO issuance,” he wrote, “what concerns me about all risk assets is that markets ex-crypto don&#8217;t seem bothered by the fact that current liquidity levels can&#8217;t easily absorb this refi supply.”
The complication is the Fed’s balance sheet. Coutts noted that Kevin Warsh wants a smaller balance sheet, adding another potential constraint if policymakers try to roll a large maturity wall through a system with reduced central bank liquidity.
“Yes, they will continue to stuff the short end and monetise through the banks,” Coutts said, adding that stablecoins are likely to play an “increasingly important role.” But he warned that rolling $3.67 trillion of maturities through a contracting Fed balance sheet “without a bond market accident would be among the most impressive acts of fiscal/monetary policy management in a generation.”
The implication for Bitcoin is nuanced. Coutts is not dismissing the bottoming case. He is arguing that the market may still need a macro trigger before the next sustained advance can take hold. In his framework, Bitcoin is likely to sense a shift in Fed-side liquidity before other assets, but that shift may not arrive until stress appears in Treasuries.
“I don&#8217;t see how they do it without far more Fed-side liquidity,” he wrote. “Bitcoin will detect it first. But there&#8217;s still an uncomfortable distance to travel. Treasuries will need to start misbehaving before the policy needle moves. That&#8217;s the tricky part.”
At press time, BTC traded at $63,196.
]]></description><link>https://coinsnews.com/bitcoin-bull-turn-hinges-on-us-debt-wall-real-vision-says</link><guid>858576</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/HKQ7oQTbkAAM0Qt.jpg?resize=1024%2C577</dc:content ><dc:text>Bitcoin Bull Turn Hinges On US Debt Wall, Real Vision Says</dc:text></item><item><title>Brazen bitcoin kidnapping and carjacking co-conspirator pleads guilty, faces up to 20 years in prison: DOJ - The Block</title><description><![CDATA[Brazen bitcoin kidnapping and carjacking co-conspirator pleads guilty, faces up to 20 years in prison: DOJ& & The Block]]></description><link>https://coinsnews.com/brazen-bitcoin-kidnapping-and-carjacking-co-conspirator-pleads-guilty-faces-up-to-20-years-in-prison-doj-the-block</link><guid>858592</guid><author>COINS NEWS</author><dc:content /><dc:text>Brazen bitcoin kidnapping and carjacking co-conspirator pleads guilty, faces up to 20 years in prison: DOJ - The Block</dc:text></item><item><title>Danbury kidnapping was tied to a $245M Bitcoin theft, feds say - News-Times</title><description><![CDATA[Danbury kidnapping was tied to a $245M Bitcoin theft, feds say& & News-Times]]></description><link>https://coinsnews.com/danbury-kidnapping-was-tied-to-a-245m-bitcoin-theft-feds-say-news-times</link><guid>858557</guid><author>COINS NEWS</author><dc:content /><dc:text>Danbury kidnapping was tied to a $245M Bitcoin theft, feds say - News-Times</dc:text></item><item><title>Coinbase Executive: Massive Institutions Are Buying Bitcoin’s Crash - Bitcoin Magazine</title><description><![CDATA[Coinbase Executive: Massive Institutions Are Buying Bitcoin’s Crash& & Bitcoin Magazine]]></description><link>https://coinsnews.com/coinbase-executive-massive-institutions-are-buying-bitcoins-crash-bitcoin-magazine</link><guid>858591</guid><author>COINS NEWS</author><dc:content /><dc:text>Coinbase Executive: Massive Institutions Are Buying Bitcoin’s Crash - Bitcoin Magazine</dc:text></item><item><title>JPMorgan: Strategy’s $1.7 Billion Dividend Bill Could Force More Bitcoin Sales</title><description><![CDATA[JPMorgan warned that Strategy’s ability to fund roughly $1.7 billion in annual dividends could shape the crypto market’s second half, after the company sold bitcoin for the first time since 2022. A $1.7 Billion Question JPMorgan said the crypto market’s second-half performance will hinge in part on how Strategy Inc. (Nasdaq: MSTR) funds its roughly [&#8230;]]]></description><link>https://coinsnews.com/jpmorgan-strategys-17-billion-dividend-bill-could-force-more-bitcoin-sales</link><guid>858552</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/jpmorgan-strategys-1-7-billion-dividend-bill-could-force-more-bitcoin-sales3_nwmk-768x432.jpg</dc:content ><dc:text>JPMorgan: Strategy’s $1.7 Billion Dividend Bill Could Force More Bitcoin Sales</dc:text></item><item><title>Could Bitcoin Help You Buy Your Next Home? Coinbase Thinks It's Possible. - The Globe and Mail</title><description><![CDATA[Could Bitcoin Help You Buy Your Next Home? Coinbase Thinks It's Possible.& & The Globe and Mail]]></description><link>https://coinsnews.com/could-bitcoin-help-you-buy-your-next-home-coinbase-thinks-its-possible-the-globe-and-mail</link><guid>858562</guid><author>COINS NEWS</author><dc:content /><dc:text>Could Bitcoin Help You Buy Your Next Home? Coinbase Thinks It's Possible. - The Globe and Mail</dc:text></item><item><title>Bitcoin mining economics turned green in May, then reversed in early June: Video - Yahoo Finance</title><description><![CDATA[Bitcoin mining economics turned green in May, then reversed in early June: Video& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-mining-economics-turned-green-in-may-then-reversed-in-early-june-video-yahoo-finance</link><guid>858561</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin mining economics turned green in May, then reversed in early June: Video - Yahoo Finance</dc:text></item><item><title>Crypto Market Update: Bankman-Fried Seeks Pardon from Trump - Investing News Network</title><description><![CDATA[Crypto Market Update: Bankman-Fried Seeks Pardon from Trump& & Investing News Network]]></description><link>https://coinsnews.com/crypto-market-update-bankman-fried-seeks-pardon-from-trump-investing-news-network</link><guid>858766</guid><author>COINS NEWS</author><dc:content /><dc:text>Crypto Market Update: Bankman-Fried Seeks Pardon from Trump - Investing News Network</dc:text></item><item><title>Could Bitcoin Help You Buy Your Next Home? Coinbase Thinks It's Possible. - The Motley Fool</title><description><![CDATA[Could Bitcoin Help You Buy Your Next Home? Coinbase Thinks It's Possible.& & The Motley Fool]]></description><link>https://coinsnews.com/could-bitcoin-help-you-buy-your-next-home-coinbase-thinks-its-possible-the-motley-fool</link><guid>858528</guid><author>COINS NEWS</author><dc:content /><dc:text>Could Bitcoin Help You Buy Your Next Home? Coinbase Thinks It's Possible. - The Motley Fool</dc:text></item><item><title>Ethereum Founder Dumps 100,000 ETH Worth $170M, What’s Going On?</title><description><![CDATA[A viral claim is spreading across the crypto space, suggesting that Ethereum’s co-founder, Vitalik Buterin, had dumped a massive amount of ETH in a short period. The report has sparked fears of a major price decline, raising investor concerns. It also drew sharp reactions from ETH community members, as debate ignited over whether the sell-off move indicated deeper market weakness or misinformation.
Ethereum Co-founder Dump Claims Shake The Market
Crypto investors and traders were rattled this week after reports claimed Buterin had sold a large portion of his ETH holdings. Market watchers reacted to a widely circulated post, with images alleging that he had dumped 110,000 ETH, worth $170 million, in just a few hours on June 5. 
The report also sparked intense concern, with one analyst arguing that if the creator of Ethereum was moving out of the market, investors should also consider doing the same. Another market participant, @CryptoNobler, compared the alleged 110,000 ETH sell-off to a transaction Buterin made three years ago. 
The analyst recalled that the Ethereum co-founder had sold all his crypto right before the market crashed, implying insider knowledge. This suggests that the analyst believes that a similar bearish move could be on the horizon.
Another analyst, Midas, reported that the claimed sell-off was one of the largest insider ETH exits he has ever seen. He noted that a sale of that level by a co-founder was a strong bearish signal for the crypto market.
Other social media posts amplified the story further, claiming that Buterin anticipated a major market drop and was allegedly selling his ETH holdings to avoid losses. These analysts are now warning investors to monitor the situation closely, framing it as an event that could influence investors&#8217; sentiment on Ethereum and the broader crypto ecosystem.
Community Pushes Back And Reveals Truth Behind Transaction
Despite the headlines, many in the crypto community quickly challenged the claims, describing the reports as misleading and widely exaggerated. On-chain analysis revealed that the Ethereum cofounder involved was not Buterin but actually Joseph Lubin. They revealed that Lubin had not sold off $170 million worth of ETH but had moved it into a decentralized finance (DeFi) vault. The transaction was designed to reduce liquidation risk on an existing loan.
Data also show that ETH was transferred through DSProxy contracts and used as collateral in the DeFi position, with roughly 178,000 WETH supplied and $103 million DAI borrowed against it. This is a standard liquidity management strategy in the DeFi space, allowing holders to maintain full exposure to ETH while borrowing stablecoins. Community members also confirmed that no ETH had entered the open market, and Lubin’s position still holds a net value of about $173 million.
After clarifying the situation, community members criticized the individual spreading the false narrative, noting that they were trying to attract attention by creating viral stories. Given the level of misinformation involved, they urged people to always verify transactions with reputable on-chain tools like Arkham Intelligence or Etherscan before amplifying co-founder dump stories.
]]></description><link>https://coinsnews.com/ethereum-founder-dumps-100000-eth-worth-170m-whats-going-on</link><guid>858577</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/Ethereum-chart-from-@CryptoNobler.jpg?w=512&amp;#038;resize=512%2C469</dc:content ><dc:text>Ethereum Founder Dumps 100,000 ETH Worth $170M, What’s Going On?</dc:text></item><item><title>Could Bitcoin Help You Buy Your Next Home? Coinbase Thinks It's Possible. - Yahoo Finance</title><description><![CDATA[Could Bitcoin Help You Buy Your Next Home? Coinbase Thinks It's Possible.& & Yahoo Finance]]></description><link>https://coinsnews.com/could-bitcoin-help-you-buy-your-next-home-coinbase-thinks-its-possible-yahoo-finance</link><guid>858525</guid><author>COINS NEWS</author><dc:content /><dc:text>Could Bitcoin Help You Buy Your Next Home? Coinbase Thinks It's Possible. - Yahoo Finance</dc:text></item><item><title>Report: Seoul Police Raid Bithumb HQ in Probe Tied to Lawmaker’s Son</title><description><![CDATA[Seoul police reportedly executed a second search warrant at Bithumb’s headquarters on Monday as investigators pressed deeper into a corruption probe centered on independent lawmaker Kim Byung-ki. Second Raid in 4 Months The Seoul Metropolitan Police Agency’s Public Crime Investigation Unit was said to have arrived at Bithumb’s Gangnam-gu offices on Monday morning, marking the [&#8230;]]]></description><link>https://coinsnews.com/report-seoul-police-raid-bithumb-hq-in-probe-tied-to-lawmakers-son</link><guid>858502</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/report-police-raid-bithumb-hq-in-probe-tied-to-lawmakers-son_nwmk-768x432.png</dc:content ><dc:text>Report: Seoul Police Raid Bithumb HQ in Probe Tied to Lawmaker’s Son</dc:text></item><item><title>Bitcoin Is 'Boring' AI-Hungry Retail Investors, But Bernstein Still Sees $150K This Year - Yahoo Finance</title><description><![CDATA[Bitcoin Is 'Boring' AI-Hungry Retail Investors, But Bernstein Still Sees $150K This Year& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-is-boring-ai-hungry-retail-investors-but-bernstein-still-sees-150k-this-year-yahoo-finance</link><guid>858526</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Is 'Boring' AI-Hungry Retail Investors, But Bernstein Still Sees $150K This Year - Yahoo Finance</dc:text></item><item><title>Bitcoin Is 'Boring' AI-Hungry Retail Investors, But Bernstein Still Sees $150K This Year - Decrypt</title><description><![CDATA[Bitcoin Is 'Boring' AI-Hungry Retail Investors, But Bernstein Still Sees $150K This Year& & Decrypt]]></description><link>https://coinsnews.com/bitcoin-is-boring-ai-hungry-retail-investors-but-bernstein-still-sees-150k-this-year-decrypt</link><guid>858530</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Is 'Boring' AI-Hungry Retail Investors, But Bernstein Still Sees $150K This Year - Decrypt</dc:text></item><item><title>Strategy, Coinbase, Circle and Robinhood Lead Crypto Stocks Rally Amid Bitcoin Rebound - Yahoo Finance</title><description><![CDATA[Strategy, Coinbase, Circle and Robinhood Lead Crypto Stocks Rally Amid Bitcoin Rebound& & Yahoo Finance]]></description><link>https://coinsnews.com/strategy-coinbase-circle-and-robinhood-lead-crypto-stocks-rally-amid-bitcoin-rebound-yahoo-finance</link><guid>858527</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy, Coinbase, Circle and Robinhood Lead Crypto Stocks Rally Amid Bitcoin Rebound - Yahoo Finance</dc:text></item><item><title>Bitcoin Clawed Back Above $63k—The Hard Questions Start Now - Benzinga</title><description><![CDATA[Bitcoin Clawed Back Above $63k—The Hard Questions Start Now& & Benzinga]]></description><link>https://coinsnews.com/bitcoin-clawed-back-above-63kthe-hard-questions-start-now-benzinga</link><guid>858531</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Clawed Back Above $63k—The Hard Questions Start Now - Benzinga</dc:text></item><item><title>Newbie Bitcoin Whales Took $1.77 Billion In Loss During Price Crash: Data</title><description><![CDATA[On-chain data shows the new Bitcoin whales realized a massive amount of loss during the past week as BTC has gone through its drawdown.
New Bitcoin Whales Have Harvested Massive Losses Recently
As pointed out by CryptoQuant analyst Maartunn in a new post on X, New Whales on the Bitcoin blockchain have been participating in loss-taking recently. &#8220;Whales&#8221; are broadly defined as investors holding more than 1,000 BTC in their wallets, excluding entities such as miners and exchanges.
Whales can be divided into two cohorts on the basis of holding time: New Whales and Old Whales. The former, also known as Short-Term Holder (STH) Whales, include all whale-sized addresses that purchased their coins within the past 155 days. Similarly, the Old or Long-Term Holder (LTH) Whales are made up of the large investors who have held past the five-month cutoff.
Statistically, the longer an investor holds onto their coins, the less likely they are to sell them in the future. As such, the New Whales with their relatively short holding time are considered to represent the weak-minded side of the market, while the Old Whales represent the resolute side.
The behavior of these investors has been in line with their reputation during the recent price plunge, as the chart for the Bitcoin realized profit/loss shared by Maartunn shows.
From the graph, it&#8217;s apparent that the whales as a whole have realized a significant amount of losses in response to the bearish price action. The distribution of the realized loss, however, has heavily skewed toward the New Whales (shaded in blue in the chart).
In total, the STH Whales took $1.77 billion in losses during the past week. This is a notable amount and suggests that the big-money investors who entered the market recently have panic-capitulated in the crash. Meanwhile, the LTH Whales have kept their loss-taking contained, at least for now.
It only remains to be seen how the Bitcoin price will develop in the near future and how these whales will react to it. The price drawdown so far took the cryptocurrency to a low of $59,000, which isn&#8217;t at too much of a distance from the Realized Price, a metric tracking the cost basis of the average investor on the network.
As the analyst pointed out in another X post, BTC&#8217;s Realized Price is currently located at $53,630.
Bitcoin hasn&#8217;t gone below the Realized Price in this cycle even once, but it&#8217;s possible that if the current bearish trajectory continues, a retest could occur. &#8220;Every dip below that level has historically been a no-brainer DCA zone for long-term investors,&#8221; noted Maartunn.
BTC Price
At the time of writing, Bitcoin is trading around $63,300, down more than 13% over the past week.
]]></description><link>https://coinsnews.com/newbie-bitcoin-whales-took-177-billion-in-loss-during-price-crash-data</link><guid>858495</guid><author>COINS NEWS</author><dc:content /><dc:text>Newbie Bitcoin Whales Took $1.77 Billion In Loss During Price Crash: Data</dc:text></item><item><title>Bitcoin Rebounds Above $64K as Derivatives Traders Trigger $282.5M Liquidations</title><description><![CDATA[Bitcoin successfully reclaimed the $64,000 threshold, reversing a brutal multi-day rout that had previously dragged it below $60,000. Bitcoin Reclaims $64,000 Amid Geopolitical Storm Bitcoin staged a resilient comeback, shrugging off a volley of escalating military exchanges between Israel and Iran to aggressively reclaim the $64,000 threshold. The cryptocurrency’s swift rebound offers a stark contrast [&#8230;]]]></description><link>https://coinsnews.com/bitcoin-rebounds-above-64k-as-derivatives-traders-trigger-2825m-liquidations</link><guid>858503</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitcoin-back-to-64000-_nwmk-postfix-768x432.jpg</dc:content ><dc:text>Bitcoin Rebounds Above $64K as Derivatives Traders Trigger $282.5M Liquidations</dc:text></item><item><title>Strategy's Biggest Risk Is Not Bitcoin (NASDAQ:MSTR) - Seeking Alpha</title><description><![CDATA[Strategy's Biggest Risk Is Not Bitcoin (NASDAQ:MSTR)& & Seeking Alpha]]></description><link>https://coinsnews.com/strategys-biggest-risk-is-not-bitcoin-nasdaqmstr-seeking-alpha</link><guid>858481</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy's Biggest Risk Is Not Bitcoin (NASDAQ:MSTR) - Seeking Alpha</dc:text></item><item><title>Better closed first Fannie-supported loan backed by Bitcoin - National Mortgage News</title><description><![CDATA[Better closed first Fannie-supported loan backed by Bitcoin& & National Mortgage News]]></description><link>https://coinsnews.com/better-closed-first-fannie-supported-loan-backed-by-bitcoin-national-mortgage-news</link><guid>858470</guid><author>COINS NEWS</author><dc:content /><dc:text>Better closed first Fannie-supported loan backed by Bitcoin - National Mortgage News</dc:text></item><item><title>change my bitcoin wallet passphrase ,wallet=seed+passphrase+2byte+2byte</title><description><![CDATA[]]></description><link>https://coinsnews.com/change-my-bitcoin-wallet-passphrase-walletseedx2bpassphrasex2b2bytex2b2byte</link><guid>858466</guid><author>COINS NEWS</author><dc:content /><dc:text>change my bitcoin wallet passphrase ,wallet=seed&amp;#x2B;passphrase&amp;#x2B;2byte&amp;#x2B;2byte</dc:text></item><item><title>Warsh Faces His First Test June 17 as Traders Hunt for Hidden Signals in the Fed’s Dot Plot</title><description><![CDATA[Traders on multiple prediction markets are pricing near-certainty that the Federal Reserve will hold interest rates unchanged at its June 16–17 meeting, even as a new Fed Chair steps into one of the most scrutinized policy seats in the world. Warsh Takes the Chair Kevin Warsh officially leads the Federal Open Market Committee (FOMC) for [&#8230;]]]></description><link>https://coinsnews.com/warsh-faces-his-first-test-june-17-as-traders-hunt-for-hidden-signals-in-the-feds-dot-plot</link><guid>858461</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/warsh-faces-his-first-test-june-17-as-traders-hunt-for-hidden-signals-in-the-feds-dot-plot_nwmk-768x432.png</dc:content ><dc:text>Warsh Faces His First Test June 17 as Traders Hunt for Hidden Signals in the Fed’s Dot Plot</dc:text></item><item><title>The SEC Just Included Digital Assets In Its 5-Year Strategic Plan. Which Cryptocurrencies Could See the Biggest Gains? - The Motley Fool</title><description><![CDATA[The SEC Just Included Digital Assets In Its 5-Year Strategic Plan. Which Cryptocurrencies Could See the Biggest Gains?& & The Motley Fool]]></description><link>https://coinsnews.com/the-sec-just-included-digital-assets-in-its-5-year-strategic-plan-which-cryptocurrencies-could-see-the-biggest-gains-the-motley-fool</link><guid>858558</guid><author>COINS NEWS</author><dc:content /><dc:text>The SEC Just Included Digital Assets In Its 5-Year Strategic Plan. Which Cryptocurrencies Could See the Biggest Gains? - The Motley Fool</dc:text></item><item><title>Could Bitcoin Fall to $50,000 This Year? - The Motley Fool</title><description><![CDATA[Could Bitcoin Fall to $50,000 This Year?& & The Motley Fool]]></description><link>https://coinsnews.com/could-bitcoin-fall-to-50000-this-year-the-motley-fool</link><guid>858473</guid><author>COINS NEWS</author><dc:content /><dc:text>Could Bitcoin Fall to $50,000 This Year? - The Motley Fool</dc:text></item><item><title>Bitcoin Price Holds Near $63,000 As Analysts Say Its Store-of-Value Thesis Remains Intact - Bitcoin Magazine</title><description><![CDATA[Bitcoin Price Holds Near $63,000 As Analysts Say Its Store-of-Value Thesis Remains Intact& & Bitcoin Magazine]]></description><link>https://coinsnews.com/bitcoin-price-holds-near-63000-as-analysts-say-its-store-of-value-thesis-remains-intact-bitcoin-magazine</link><guid>858476</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Price Holds Near $63,000 As Analysts Say Its Store-of-Value Thesis Remains Intact - Bitcoin Magazine</dc:text></item><item><title>As Bitcoin Prices Plunge, Wall Street Is Losing Faith in Coinbase Stock - Barchart.com</title><description><![CDATA[As Bitcoin Prices Plunge, Wall Street Is Losing Faith in Coinbase Stock& & Barchart.com]]></description><link>https://coinsnews.com/as-bitcoin-prices-plunge-wall-street-is-losing-faith-in-coinbase-stock-barchartcom</link><guid>858479</guid><author>COINS NEWS</author><dc:content /><dc:text>As Bitcoin Prices Plunge, Wall Street Is Losing Faith in Coinbase Stock - Barchart.com</dc:text></item><item><title>Morgan Stanley and Galaxy Launch Crypto Lending Pathway Into Bitcoin ETPs</title><description><![CDATA[Morgan Stanley Wealth Management has launched a referral arrangement with Galaxy Digital for eligible clients seeking to lend crypto and receive spot crypto ETP shares. The setup is designed to make digital assets easier to integrate into traditional portfolios. Galaxy Opens $5M Crypto Lending Program to Morgan Stanley Wealth Clients Morgan Stanley Wealth Management is [&#8230;]]]></description><link>https://coinsnews.com/morgan-stanley-and-galaxy-launch-crypto-lending-pathway-into-bitcoin-etps</link><guid>858462</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/morgan-stanley-and-galaxy-launch-crypto-lending-access-for-bitcoin-etps_nwmk-768x432.jpg</dc:content ><dc:text>Morgan Stanley and Galaxy Launch Crypto Lending Pathway Into Bitcoin ETPs</dc:text></item><item><title>Solana’s Network User Base Expands With Rapid Rise in Returning Participants</title><description><![CDATA[Even after a lengthy period of downward price action, bringing Solana’s value to retest the $60 level, the network does not seem to be slowing down in any way. During this highly negative phase, the SOL network has persistently seen positive activity across its ecosystem, with some activity reaching unprecedented levels.
Returning Users Fuel Solana’s Network Growth
Solana network continues to demonstrate robust strength in the face of heightened volatility across the altcoin and the broader cryptocurrency market. Recent data shows that Solana is witnessing a significant growth in its network user base as the number of returning participants increases at an accelerated rate.
Zensei unveiled this network growth on the X platform, which has notably captured the attention of the community, with many expressing optimism toward the altcoin. The development suggests that current users are also becoming more active throughout its expanding array of services and applications, in addition to continuing to interact with the ecosystem. 
In the midst of criticism, SOL is steadily recording more than 1.7 million users, who are returning to the network every day. Such a strong rise in returning users is often seen as a crucial indicator of the network’s health, indicating long-term interest rather than short-term speculation.
As seen on the Solana Returning Users chart, these players recently surged to their highest level since February this year. Zensei has referenced this growth to continued confidence among these users because more people are sticking around instead of just trying to exit the network.
Furthermore, the expert has highlighted SOL network’s superiority against other major chains across the crypto sector. In his view, there is nowhere else in the crypto sector where millions of users keep showing up every day as Solana does on a daily basis.
Why SOL Could Lead The Next Wave Of Finance Ahead Of Ethereum
In another X post, Zensei revealed that the gap between Solana and Ethereum keeps getting wider, with SOL dominating Ethereum in several key areas. Data shared by the expert shows that SOL has surpassed Ethereum in both Perp volume and Decentralized Exchange (DEX) aggregator volume over the past week.
During the period, SOL processed over $19.0 billion in perp volume compared to Ethereum, which saw about $10.1 billion, representing a lead of nearly 89%. On the DEX aggregator side, SOL captured approximately $10.2 billion in volume compared to the $4.8 billion of Ethereum, indicating a lead of roughly 115%.
After this robust disparity in growth between the two leading networks, the expert is confident that Solana will lead the future wave of finance ahead of Ethereum. This noteworthy SOL performance demonstrates the network&#8217;s growing usefulness and capacity to handle rising activity levels.
CoinMarketMap&#8217;s data is showing that the SOL price is trading at $65, demonstrating a nearly 2% increase in the last 24 hours. However, trading volume is moving in a different direction, dropping by more than 3% over the past day.
]]></description><link>https://coinsnews.com/solanas-network-user-base-expands-with-rapid-rise-in-returning-participants</link><guid>858496</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/Solana-chart-from-Zensei.jpeg?w=640&amp;#038;resize=640%2C300</dc:content ><dc:text>Solana’s Network User Base Expands With Rapid Rise in Returning Participants</dc:text></item><item><title>MSTR Stock: Strategy Just Backflipped On Key Goal To Defend Bitcoin - Investor's Business Daily</title><description><![CDATA[MSTR Stock: Strategy Just Backflipped On Key Goal To Defend Bitcoin& & Investor's Business Daily]]></description><link>https://coinsnews.com/mstr-stock-strategy-just-backflipped-on-key-goal-to-defend-bitcoin-investors-business-daily</link><guid>858475</guid><author>COINS NEWS</author><dc:content /><dc:text>MSTR Stock: Strategy Just Backflipped On Key Goal To Defend Bitcoin - Investor's Business Daily</dc:text></item><item><title>Bitcoin Price Recovery: BTC Rebounds Above $60k, Short Liquidation Jump - Investing.com</title><description><![CDATA[Bitcoin Price Recovery: BTC Rebounds Above $60k, Short Liquidation Jump& & Investing.com]]></description><link>https://coinsnews.com/bitcoin-price-recovery-btc-rebounds-above-60k-short-liquidation-jump-investingcom</link><guid>858450</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Price Recovery: BTC Rebounds Above $60k, Short Liquidation Jump - Investing.com</dc:text></item><item><title>‘Who in their right mind would rather buy crypto right now?’ Bitcoin prices plunge after market turmoil - Yahoo Finance</title><description><![CDATA[‘Who in their right mind would rather buy crypto right now?’ Bitcoin prices plunge after market turmoil& & Yahoo Finance]]></description><link>https://coinsnews.com/who-in-their-right-mind-would-rather-buy-crypto-right-now-bitcoin-prices-plunge-after-market-turmoil-yahoo-finance</link><guid>858445</guid><author>COINS NEWS</author><dc:content /><dc:text>‘Who in their right mind would rather buy crypto right now?’ Bitcoin prices plunge after market turmoil - Yahoo Finance</dc:text></item><item><title>Full Text of Strategic Bitcoin Reserve Bill Officially Published, Revealing 20-Year Lock-Up, Proof-of-Reserve Mandates - Bitcoin Magazine</title><description><![CDATA[Full Text of Strategic Bitcoin Reserve Bill Officially Published, Revealing 20-Year Lock-Up, Proof-of-Reserve Mandates& & Bitcoin Magazine]]></description><link>https://coinsnews.com/full-text-of-strategic-bitcoin-reserve-bill-officially-published-revealing-20-year-lock-up-proof-of-reserve-mandates-bitcoin-magazine</link><guid>858446</guid><author>COINS NEWS</author><dc:content /><dc:text>Full Text of Strategic Bitcoin Reserve Bill Officially Published, Revealing 20-Year Lock-Up, Proof-of-Reserve Mandates - Bitcoin Magazine</dc:text></item><item><title>ChatGPT, Grok and Claude Predict Where Bitcoin, Ether, XRP and Solana Could Land by Dec. 31</title><description><![CDATA[2026 has delivered a difficult stretch for the crypto market, with each of the five largest crypto assets by market capitalization posting double-digit losses year to date. Out of the top five, solana ( SOL) has borne the brunt of the decline, shedding more than 47% since Jan. 1. To gain insight into where the [&#8230;]]]></description><link>https://coinsnews.com/chatgpt-grok-and-claude-predict-where-bitcoin-ether-xrp-and-solana-could-land-by-dec-31</link><guid>858437</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/chatgpt-grok-and-claude-predict-where-bitcoin-ether-xrp-and-solana-could-land-by-dec--31_nwmk-768x433.png</dc:content ><dc:text>ChatGPT, Grok and Claude Predict Where Bitcoin, Ether, XRP and Solana Could Land by Dec. 31</dc:text></item><item><title>For Bitcoin Giant Strategy, Cash Is Key to Calming Investors: JPMorgan - Decrypt</title><description><![CDATA[For Bitcoin Giant Strategy, Cash Is Key to Calming Investors: JPMorgan& & Decrypt]]></description><link>https://coinsnews.com/for-bitcoin-giant-strategy-cash-is-key-to-calming-investors-jpmorgan-decrypt</link><guid>858451</guid><author>COINS NEWS</author><dc:content /><dc:text>For Bitcoin Giant Strategy, Cash Is Key to Calming Investors: JPMorgan - Decrypt</dc:text></item><item><title>For Bitcoin Giant Strategy, Cash Is Key to Calming Investors: JPMorgan - Yahoo Finance</title><description><![CDATA[For Bitcoin Giant Strategy, Cash Is Key to Calming Investors: JPMorgan& & Yahoo Finance]]></description><link>https://coinsnews.com/for-bitcoin-giant-strategy-cash-is-key-to-calming-investors-jpmorgan-yahoo-finance</link><guid>858659</guid><author>COINS NEWS</author><dc:content /><dc:text>For Bitcoin Giant Strategy, Cash Is Key to Calming Investors: JPMorgan - Yahoo Finance</dc:text></item><item><title>Bitcoin Price Collapse? These 7 Monthly Bear Events From June to December Could Sink Bitcoin - Yahoo Finance</title><description><![CDATA[Bitcoin Price Collapse? These 7 Monthly Bear Events From June to December Could Sink Bitcoin& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-price-collapse-these-7-monthly-bear-events-from-june-to-december-could-sink-bitcoin-yahoo-finance</link><guid>858444</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Price Collapse? These 7 Monthly Bear Events From June to December Could Sink Bitcoin - Yahoo Finance</dc:text></item><item><title>Crypto fear index at critical level, even as bitcoin prices rebound - Yahoo Finance</title><description><![CDATA[Crypto fear index at critical level, even as bitcoin prices rebound& & Yahoo Finance]]></description><link>https://coinsnews.com/crypto-fear-index-at-critical-level-even-as-bitcoin-prices-rebound-yahoo-finance</link><guid>858441</guid><author>COINS NEWS</author><dc:content /><dc:text>Crypto fear index at critical level, even as bitcoin prices rebound - Yahoo Finance</dc:text></item><item><title>Bitcoin dips, Michael Saylor shifts Strategy - Yahoo Finance</title><description><![CDATA[Bitcoin dips, Michael Saylor shifts Strategy& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-dips-michael-saylor-shifts-strategy-yahoo-finance</link><guid>858448</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin dips, Michael Saylor shifts Strategy - Yahoo Finance</dc:text></item><item><title>Crypto Coalition of Over 200 Companies Presses Senate Leaders to Bring Clarity Act to Floor - Bitcoin Magazine</title><description><![CDATA[Crypto Coalition of Over 200 Companies Presses Senate Leaders to Bring Clarity Act to Floor& & Bitcoin Magazine]]></description><link>https://coinsnews.com/crypto-coalition-of-over-200-companies-presses-senate-leaders-to-bring-clarity-act-to-floor-bitcoin-magazine</link><guid>858665</guid><author>COINS NEWS</author><dc:content /><dc:text>Crypto Coalition of Over 200 Companies Presses Senate Leaders to Bring Clarity Act to Floor - Bitcoin Magazine</dc:text></item><item><title>FTX Co-Founder Bankman-Fried Requests Trump Pardon–FTT Soars 45%</title><description><![CDATA[Sam Bankman-Fried, the co-founder and former CEO of the collapsed cryptocurrency exchange FTX, moved forward with a new legal effort on Monday by filing a request for a presidential pardon from President Trump.
Bankman-Fried’s Pardon Bid
Bloomberg reported that Bankman-Fried submitted an application to the Office of the Pardon Attorney within the US Department of Justice (DOJ), seeking what the site describes as a “pardon after completion of sentence.” 
Later on Monday, during an exclusive conversation with FOX Business correspondent Susan Li, Bankman-Fried said he “absolutely” wants a presidential pardon. When Li asked whether he would expect to seek one from the White House, he agreed. 
“Absolutely,” he said, adding that the decision ultimately rests with the president rather than him. Asked if his family or people he has been in contact with are lobbying the administration on his behalf, the FTX co-founder declined to confirm, stating, “I can’t speak for them.”
In March 2024, Bankman-Fried was sentenced to 25 years in prison after a jury found him guilty on two counts of wire fraud and five counts of conspiracy tied to the fall of his crypto empire. 
The court also concluded that FTX customers lost $8 billion, equity investors associated with FTX lost $1.7 billion, and lenders to the Alameda Research hedge fund—Bankman-Fried’s firm—lost $1.3 billion.
FTX Token Rallies 45%
Despite the conviction and long sentence, Bankman-Fried has continued to argue that the case against him was unfair. He told Li that he believes FTX customers have ultimately been repaid and pointed to improvements in bankruptcy outcomes that he said have been helped, at least in part, by a recovery in cryptocurrency markets. 
“I didn’t steal user funds either,” he said, adding that customers have been repaid, “now 170% or so on their deposits.” He described the situation as one of the few cases where the platform was reportedly over-collateralized—meaning customers were more than fully made whole—yet he said prosecutors still pursued criminal charges.
Notably, the move sparked a major surge in the price of FTX’s native token, FTT. On Monday, it recorded a massive 45% rally, reaching around $0.33 by the time this piece was written. However, the token’s recovery still leaves it 99.5% below its all-time high of $84, which was reached at the peak of the exchange’s operations. 
Featured image created with OpenArt; chart from TradingView.com 
]]></description><link>https://coinsnews.com/ftx-co-founder-bankman-fried-requests-trump-pardonftt-soars-45</link><guid>858456</guid><author>COINS NEWS</author><dc:content /><dc:text>FTX Co-Founder Bankman-Fried Requests Trump Pardon–FTT Soars 45%</dc:text></item><item><title>$2 Billion and Counting: Polymarket and Kalshi See Record Inflows Ahead of FIFA World Cup Kickoff</title><description><![CDATA[The FIFA World Cup, expected to be one of the largest events in sports history, is already seeing huge trading volume in prediction markets as users seek to predict which team will win. Volumes for these contracts have reached nearly $2 billion in Kalshi and Polymarket. FIFA World Cup Derivatives Start Moving Billions in Prediction [&#8230;]]]></description><link>https://coinsnews.com/2-billion-and-counting-polymarket-and-kalshi-see-record-inflows-ahead-of-fifa-world-cup-kickoff</link><guid>858438</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/fifaworldcup_nwmk-768x432.jpg</dc:content ><dc:text>$2 Billion and Counting: Polymarket and Kalshi See Record Inflows Ahead of FIFA World Cup Kickoff</dc:text></item><item><title>Analyst Says XRP Is About To Have A ‘Phoenix Moment’, What This Means For Price</title><description><![CDATA[A crypto analyst has shared his belief that XRP may finally be getting ready for a major comeback after months of steady decline. The prediction comes as Bitcoin has climbed back above $63,000 in early Monday trading hours, helping the broader crypto market start the week on a positive note.
Why the Analyst Is Turning Bullish On XRP
In a recent X post, Crypto analyst Bird described the current market setup as a potential “rise of the phoenix” moment for the Ripple coin. According to him, several factors are coming together that could boost the altcoin’s price.
One of those factors is improving regulatory clarity around the crypto industry with the CLARITY Act currently awaiting Senate approval. Bird also pointed to the growing use of stablecoins and tokenized real-world assets, which are creating new opportunities for blockchain networks.
For context, data from RWA.xyz showed that stablecoin supply on the XRPL has continued increasing, reaching around $888 million, a 78% increase over the past month. 
Bird also noted that Ripple continues to focus on partnerships and real-world use cases. While the XRP price has not fully reflected these developments yet, he believes they are helping build a stronger foundation for future growth.
Another reason for optimism is Bitcoin dominance. When Bitcoin&#8217;s share of the overall crypto market falls, investors often move money into altcoins. Bird believes this change could benefit Ripple coin in the coming months.
Because of these factors, the analyst said there is a strong chance of a major price move higher. He even suggested that XRP could experience a &#8220;God candle,&#8221; a term traders often use to describe a sudden, powerful price surge.
XRP ETFs Continue To See Inflows
Ripple’s coin has shown strength in the ETF market despite recent market weakness. Over the past week, Bitcoin ETFs recorded outflows of $1.72 billion, while Ethereum ETFs saw outflows of $168 million. In contrast, XRP ETFs attracted inflows of $2.62 million. Several analysts view this as a positive sign of investor interest.
Bird is not the only analyst expecting a recovery. Crypto analyst EGRAG CRYPTO recently said that the coin is still following what he calls the &#8220;Blue roadmap,&#8221; a market structure he has been tracking for some time.
According to EGRAG, short-term price swings do not change the bigger picture. He believes the coin’s overall trend remains intact as long as the market continues to follow this roadmap.
At the time of writing, the XRP price was trading between $1.12 and $1.14, up about 1% over the past 24 hours, according to CoinMarketCap data. Meanwhile, Bitcoin has recovered above $63,000 after losing around 13% of its value during the previous week.
]]></description><link>https://coinsnews.com/analyst-says-xrp-is-about-to-have-a-phoenix-moment-what-this-means-for-price</link><guid>858433</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/XRP-chart-from-RWA-e1780913497520.png?w=432&amp;#038;resize=432%2C231</dc:content ><dc:text>Analyst Says XRP Is About To Have A ‘Phoenix Moment’, What This Means For Price</dc:text></item><item><title>Saylor’s Strategy abruptly breaks HODL playbook, sells $2.5M in Bitcoin as BTC crashes to $69K - CryptoRank</title><description><![CDATA[Saylor’s Strategy abruptly breaks HODL playbook, sells $2.5M in Bitcoin as BTC crashes to $69K& & CryptoRank]]></description><link>https://coinsnews.com/saylors-strategy-abruptly-breaks-hodl-playbook-sells-25m-in-bitcoin-as-btc-crashes-to-69k-cryptorank</link><guid>858421</guid><author>COINS NEWS</author><dc:content /><dc:text>Saylor’s Strategy abruptly breaks HODL playbook, sells $2.5M in Bitcoin as BTC crashes to $69K - CryptoRank</dc:text></item><item><title>Bitcoin's dull year may signal market maturity, Bernstein says - TradingView</title><description><![CDATA[Bitcoin's dull year may signal market maturity, Bernstein says& & TradingView]]></description><link>https://coinsnews.com/bitcoins-dull-year-may-signal-market-maturity-bernstein-says-tradingview</link><guid>858474</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin's dull year may signal market maturity, Bernstein says - TradingView</dc:text></item><item><title>A $239B claim on dormant Bitcoin wallets faces a new obstacle after old address moves - CryptoSlate</title><description><![CDATA[A $239B claim on dormant Bitcoin wallets faces a new obstacle after old address moves& & CryptoSlate]]></description><link>https://coinsnews.com/a-239b-claim-on-dormant-bitcoin-wallets-faces-a-new-obstacle-after-old-address-moves-cryptoslate</link><guid>858559</guid><author>COINS NEWS</author><dc:content /><dc:text>A $239B claim on dormant Bitcoin wallets faces a new obstacle after old address moves - CryptoSlate</dc:text></item><item><title>Strategy's Michael Saylor bought big on the bitcoin dip - Yahoo Finance UK</title><description><![CDATA[Strategy's Michael Saylor bought big on the bitcoin dip& & Yahoo Finance UK]]></description><link>https://coinsnews.com/strategys-michael-saylor-bought-big-on-the-bitcoin-dip-yahoo-finance-uk</link><guid>858401</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy's Michael Saylor bought big on the bitcoin dip - Yahoo Finance UK</dc:text></item><item><title>Strategy's Michael Saylor bought big on the bitcoin dip - Yahoo Finance</title><description><![CDATA[Strategy's Michael Saylor bought big on the bitcoin dip& & Yahoo Finance]]></description><link>https://coinsnews.com/strategys-michael-saylor-bought-big-on-the-bitcoin-dip-yahoo-finance</link><guid>858471</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy's Michael Saylor bought big on the bitcoin dip - Yahoo Finance</dc:text></item><item><title>USD Majors, Gold, Bitcoin, Equities Weekly Technical Outlook - FOREX.com</title><description><![CDATA[USD Majors, Gold, Bitcoin, Equities Weekly Technical Outlook& & FOREX.com]]></description><link>https://coinsnews.com/usd-majors-gold-bitcoin-equities-weekly-technical-outlook-forexcom</link><guid>858416</guid><author>COINS NEWS</author><dc:content /><dc:text>USD Majors, Gold, Bitcoin, Equities Weekly Technical Outlook - FOREX.com</dc:text></item><item><title>After Buying More Bitcoin Than It Sold, Strategy Wins Dividend Approval as Holdings Hit 845,256 BTC</title><description><![CDATA[Strategy secured approval to pay STRC dividends twice monthly as its bitcoin holdings climbed to 845,256 BTC. The move follows recent treasury activity and could reshape how income investors view the company’s preferred stock. Strategy’s STRC Shift Could Change How Investors Price Preferred Income After buying 1,550 BTC and selling 32 BTC one week earlier, [&#8230;]]]></description><link>https://coinsnews.com/after-buying-more-bitcoin-than-it-sold-strategy-wins-dividend-approval-as-holdings-hit-845256-btc</link><guid>858439</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/strategy-dividend-vote_nwmk-768x432.jpg</dc:content ><dc:text>After Buying More Bitcoin Than It Sold, Strategy Wins Dividend Approval as Holdings Hit 845,256 BTC</dc:text></item><item><title>Is it a bug that `OP_IF` is part of the Tapscript opcodes?</title><description><![CDATA[]]></description><link>https://coinsnews.com/is-it-a-bug-that-op-if-is-part-of-the-tapscript-opcodes</link><guid>858395</guid><author>COINS NEWS</author><dc:content /><dc:text>Is it a bug that `OP_IF` is part of the Tapscript opcodes?</dc:text></item><item><title>Bitcoin’s $235 Billion Crash Masks a Bigger Shift Across Crypto - Bloomberg.com</title><description><![CDATA[Bitcoin’s $235 Billion Crash Masks a Bigger Shift Across Crypto& & Bloomberg.com]]></description><link>https://coinsnews.com/bitcoins-235-billion-crash-masks-a-bigger-shift-across-crypto-bloombergcom</link><guid>858400</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin’s $235 Billion Crash Masks a Bigger Shift Across Crypto - Bloomberg.com</dc:text></item><item><title>Bitcoin’s $235 Billion Crash Masks a Bigger Shift Across Crypto - Bloomberg</title><description><![CDATA[Bitcoin’s $235 Billion Crash Masks a Bigger Shift Across Crypto& & Bloomberg]]></description><link>https://coinsnews.com/bitcoins-235-billion-crash-masks-a-bigger-shift-across-crypto-bloomberg</link><guid>858469</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin’s $235 Billion Crash Masks a Bigger Shift Across Crypto - Bloomberg</dc:text></item><item><title>Bitcoin: Traders should 'stabilize the strategy ship' in crypto winter - Yahoo Finance UK</title><description><![CDATA[Bitcoin: Traders should 'stabilize the strategy ship' in crypto winter& & Yahoo Finance UK]]></description><link>https://coinsnews.com/bitcoin-traders-should-stabilize-the-strategy-ship-in-crypto-winter-yahoo-finance-uk</link><guid>858447</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin: Traders should 'stabilize the strategy ship' in crypto winter - Yahoo Finance UK</dc:text></item><item><title>Sam Bankman-Fried Files Formal Trump Pardon Request as FTT Jumps 50%</title><description><![CDATA[Sam Bankman-Fried, the convicted FTX co-founder serving a 25-year federal prison sentence, formally submitted a presidential pardon application to the U.S. Department of Justice’s Office of the Pardon Attorney on June 8, 2026. Breaking: Formal Petition Confirmed Bloomberg first reported the filing on Monday morning. The application is now visible on the DOJ’s public clemency [&#8230;]]]></description><link>https://coinsnews.com/sam-bankman-fried-files-formal-trump-pardon-request-as-ftt-jumps-50</link><guid>858380</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/sam-bankman-fried-files-formal-trump-pardon-request-as-ftt-jumps-50_nwmk-768x433.png</dc:content ><dc:text>Sam Bankman-Fried Files Formal Trump Pardon Request as FTT Jumps 50%</dc:text></item><item><title>Billionaire Michael Saylor’s Strategy Buys Bitcoin Dip With $100 Million Purchase - Forbes</title><description><![CDATA[Billionaire Michael Saylor’s Strategy Buys Bitcoin Dip With $100 Million Purchase& & Forbes]]></description><link>https://coinsnews.com/billionaire-michael-saylors-strategy-buys-bitcoin-dip-with-100-million-purchase-forbes</link><guid>858399</guid><author>COINS NEWS</author><dc:content /><dc:text>Billionaire Michael Saylor’s Strategy Buys Bitcoin Dip With $100 Million Purchase - Forbes</dc:text></item><item><title>Yuga Labs Just Pulled Off A $500,000 Crypto Heist — Against These Hackers</title><description><![CDATA[Yuga Labs, the company behind Bored Ape Yacht Club and CryptoPunks, completed a covert whitehat operation on June 8 to rescue 68 blue-chip NFTs — worth more than $500,000 — from an active exploit targeting Flooring Protocol, deploying its own funds and acting before additional attackers could drain assets that included some of the most valuable tokens in NFT history.
Yuga Labs CEO Michael Figge (@mfigge) announced the successful operation on X, publishing a full inventory of the rescued assets now held in the company&#8217;s custody: 29 Bored Ape Yacht Club NFTs, four Mutant Apes, one Bored Ape Kennel Club token, two CryptoPunks, one Azuki, two Elementals, 26 Captains, one Moonbird, and two Doodles. &#8220;We&#8217;ve just finished a whitehat operation on an exploit discovered in Flooring Protocol,&#8221; Figge wrote, noting that Yuga Labs VP of Blockchain 0xQuit (@0xQuit) led the on-chain recovery effort.
The operation was funded through GrailsOTC, Yuga Labs&#8217; over-the-counter trading desk — which Figge said he &#8220;quietly instructed&#8221; to front the capital and NFTs needed to pull the at-risk assets out of the protocol before additional bad actors could act on the same vulnerability. The company plans to return all 68 NFTs to their original owners once a technical fix has been deployed and verified.
How The Crypto Exploit Worked
The mechanics of the attack, explained in a technical thread by 0xQuit on X, reveal a sophisticated vulnerability embedded in Flooring Protocol&#8217;s core accounting logic. A malicious actor turned a dust amount of WETH — a negligible quantity — into a near-infinite fpToken balance by exploiting an edge case in how the protocol handled token ownership records. The attacker then used the inflated balance to drain Flooring pools, with a subsequent opportunist scooping up the now-depleted pool tokens and exchanging them for the underlying NFTs.
The deeper vulnerability, per 0xQuit&#8217;s post, came from packed ownership and indexing logic — a technical design choice where a malicious token ID could make ownership verification checks pass while downstream accounting recorded a different result entirely, creating what he described as &#8220;ghost ownership.&#8221; An unchecked balance update then caused an arithmetic underflow, handing the attacker a balance far larger than legitimately entitled. Once that inflated balance was in place, token prices could be pushed near zero and liquidity extracted from the pool at will.
After reviewing the initial attack path, Yuga Labs&#8217; team identified a second, broader vulnerability that exposed additional NFT pools not yet touched by the original attacker. That discovery triggered the emergency whitehat operation — the team moved to pull all at-risk assets before another actor could find and exploit the same second path independently.
The Protocol Behind The Incident
Flooring Protocol&#8217;s architect, @0xFreeLunch, acknowledged on X that the vulnerability originated in gas-saving bit-level code design — a class of optimization where developers reduce computational costs by packing multiple values into shared storage slots. Despite multiple security reviews, the flaw went undetected, per his post. The admission is notable: gas optimization trade-offs that appear safe in isolation can create exploitable surface area when token IDs fall outside expected ranges.
Flooring Protocol had already been winding down its consumer-facing NFT services since September 2025 — the platform advised FPv2 token holders to redeem assets and exit fractional positions before October of that year. Yet its smart contracts remained live with user assets inside, creating exactly the kind of legacy exposure that attackers increasingly target in aging DeFi infrastructure.
0xQuit warned on X that some NFTs remain under attacker control and urged all users to avoid depositing additional NFTs into Flooring Protocol until a verified fix is deployed. CryptoPunks — two of which were among the rescued assets — currently carry a floor price of approximately 32.7 ETH, or roughly $54,612 per token, while BAYC NFTs sit around 9.16 ETH, per CoinGecko data.
This development marks a pivotal and unusual moment for the nascent sector&#8217;s approach to DeFi security. A blue-chip NFT company deploying its own balance sheet to rescue third-party assets from an active exploit — unprompted, at speed, and at cost — is a form of ecosystem responsibility the space rarely sees. The question the industry will now ask is how many other aging protocols still carry similar vulnerabilities in their legacy contracts, waiting for the attacker who finds the second path before anyone else does.
Cover image from Grok, ETHUSD chart from Tradingview
]]></description><link>https://coinsnews.com/yuga-labs-just-pulled-off-a-500000-crypto-heist-against-these-hackers</link><guid>858434</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/ETHUSD_2026-06-08_17-12-22.png?w=980&amp;#038;resize=980%2C531</dc:content ><dc:text>Yuga Labs Just Pulled Off A $500,000 Crypto Heist — Against These Hackers</dc:text></item><item><title>Bitcoin price eyes $90K as FTX-era BTC bullish divergence flashes again - MSN</title><description><![CDATA[Bitcoin price eyes $90K as FTX-era BTC bullish divergence flashes again& & MSN]]></description><link>https://coinsnews.com/bitcoin-price-eyes-90k-as-ftx-era-btc-bullish-divergence-flashes-again-msn</link><guid>858483</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin price eyes $90K as FTX-era BTC bullish divergence flashes again - MSN</dc:text></item><item><title>Saylor's back: Strategy buys $101M of bitcoin - Yahoo Finance</title><description><![CDATA[Saylor's back: Strategy buys $101M of bitcoin& & Yahoo Finance]]></description><link>https://coinsnews.com/saylors-back-strategy-buys-101m-of-bitcoin-yahoo-finance</link><guid>858449</guid><author>COINS NEWS</author><dc:content /><dc:text>Saylor's back: Strategy buys $101M of bitcoin - Yahoo Finance</dc:text></item><item><title>Bitcoin Is Bleeding, And This Is What Is Driving The BTC Price Crash</title><description><![CDATA[The BTC price is declining more each day as the bear market tightens its grip on the crypto market. Last week, Bitcoin plummeted below $60,000 for the first time since October 2024, marking a new low for this cycle. While overall market sentiment has weighed heavily on the cryptocurrency, several other key factors are driving the recent declines. The decline in Spot Bitcoin ETFs has put additional pressure on BTC, while ongoing geopolitical tensions have heightened investor uncertainty. If these pressures fail to ease soon, Bitcoin could face further losses, with analysts warning of a steeper decline toward $50,000. 
BTC Price Crashes As ETFs See A String Of Outflows
Bitcoin has fallen more than 18% over the past 14 days, according to CMC data, marking a staggering loss of value for the blue-chip cryptocurrency. BTC is currently trading above $62,000 after its recent crash toward $59,000 last week, signaling a short-term rebound. Despite the slight recovery, bearish conditions still weigh heavily on the price, with the market showing no clear signs of a rebound.
Notably, one of the major drivers of the ongoing BTC decline is the massive outflows observed by Spot Bitcoin ETFs. As of June 3, 2026, Bitcoin ETFs have recorded their 13th consecutive outflow, marking the longest red streak in their entire history. The extent of this decline shows how bearish the market has become and how cautious investors still are.
SoSoValue reports that from May 15 to June 3, US Bitcoin Spot ETFs bled heavily, recording staggering outflows of more than $4.37 billion in less than two weeks. Interestingly, Bitcoin ETFs ended the record 13-day streak on June 5 with a slim $3.05 million net inflow. However, the gains did not carry over to the next day, as the ETFs saw an even steeper outflow of $325.69 million on June 5. This indicates that investors are inherently fearful, especially as the market remains uncertain about BTC&#8217;s next price direction. 
IBIT Dominates Bitcoin ETF Outflows
BlackRock’s IBIT, the largest spot Bitcoin ETF, has been the clear leader driving the massive ETF outflows. IBIT accounted for roughly $3.3 billion of the $4.37 billion in outflows, about 75% of the total over 13 days. Fidelity&#8217;s Wise Origin Bitcoin Fund came in second with $456 million in outflows over the streak. Meanwhile, Grayscale’s GBTC logged $303 million in outflows, which is significant but still far behind the other two products.
Overall, BlackRock&#8217;s dominance in the Bitcoin ETF market means it also bears the brunt when institutions pull back. Grayscale&#8217;s GBTC, which has been bleeding assets since its trust conversion due to its higher 1.5% fee, was actually a relatively minor contributor this time around. This long string of outflows has been the major driver behind BTC’s latest price declines.
]]></description><link>https://coinsnews.com/bitcoin-is-bleeding-and-this-is-what-is-driving-the-btc-price-crash</link><guid>858435</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/Bitcoin-price-2.png?w=512&amp;#038;resize=512%2C197</dc:content ><dc:text>Bitcoin Is Bleeding, And This Is What Is Driving The BTC Price Crash</dc:text></item><item><title>Bitcoin ETFs Lose $1.72B in Second-Largest Weekly Outflow Since Launch</title><description><![CDATA[Crypto ETF flows stayed under pressure from June 1 to June 5, with bitcoin funds posting a fourth straight week of withdrawals and ether ETFs also ending firmly negative. The weakness was not uniform, however, as HYPE and XRP ETFs drew inflows while solana slipped back into redemptions. Bitcoin and Ether ETFs Lose $1.89B While [&#8230;]]]></description><link>https://coinsnews.com/bitcoin-etfs-lose-172b-in-second-largest-weekly-outflow-since-launch</link><guid>858381</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitcoin-etfs-lose-1-72b-in-second-largest-weekly-outflow-since-launch_nwmk-768x432.jpg</dc:content ><dc:text>Bitcoin ETFs Lose $1.72B in Second-Largest Weekly Outflow Since Launch</dc:text></item><item><title>Bitcoin rebounds as analyst says token 'may offer some diversification' in AI-driven market - Yahoo Finance</title><description><![CDATA[Bitcoin rebounds as analyst says token 'may offer some diversification' in AI-driven market& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-rebounds-as-analyst-says-token-may-offer-some-diversification-in-ai-driven-market-yahoo-finance</link><guid>858560</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin rebounds as analyst says token 'may offer some diversification' in AI-driven market - Yahoo Finance</dc:text></item><item><title>Bitcoin price analysis: blame BTC plunge on rising inflation, not Strategy, 10xResearch says - CoinDesk</title><description><![CDATA[Bitcoin price analysis: blame BTC plunge on rising inflation, not Strategy, 10xResearch says& & CoinDesk]]></description><link>https://coinsnews.com/bitcoin-price-analysis-blame-btc-plunge-on-rising-inflation-not-strategy-10xresearch-says-coindesk</link><guid>858417</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin price analysis: blame BTC plunge on rising inflation, not Strategy, 10xResearch says - CoinDesk</dc:text></item><item><title>Bitcoin price analysis: Here is the real reason why bitcoin is crashing, according to an analyst - CoinDesk</title><description><![CDATA[Bitcoin price analysis: Here is the real reason why bitcoin is crashing, according to an analyst& & CoinDesk]]></description><link>https://coinsnews.com/bitcoin-price-analysis-here-is-the-real-reason-why-bitcoin-is-crashing-according-to-an-analyst-coindesk</link><guid>858478</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin price analysis: Here is the real reason why bitcoin is crashing, according to an analyst - CoinDesk</dc:text></item><item><title>Bitcoin Price Chaos Ahead? ChatGPT and Claude Predict Wild Swing Scenarios - CCN.com</title><description><![CDATA[Bitcoin Price Chaos Ahead? ChatGPT and Claude Predict Wild Swing Scenarios& & CCN.com]]></description><link>https://coinsnews.com/bitcoin-price-chaos-ahead-chatgpt-and-claude-predict-wild-swing-scenarios-ccncom</link><guid>858424</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Price Chaos Ahead? ChatGPT and Claude Predict Wild Swing Scenarios - CCN.com</dc:text></item><item><title>Strategy makes big bitcoin buy after period that ranked “among the worst weeks of the decade” - Sherwood News</title><description><![CDATA[Strategy makes big bitcoin buy after period that ranked “among the worst weeks of the decade”& & Sherwood News]]></description><link>https://coinsnews.com/strategy-makes-big-bitcoin-buy-after-period-that-ranked-among-the-worst-weeks-of-the-decade-sherwood-news</link><guid>858410</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy makes big bitcoin buy after period that ranked “among the worst weeks of the decade” - Sherwood News</dc:text></item><item><title>Bitcoin price eyes $90K as FTX-era BTC bullish divergence flashes again - TradingView</title><description><![CDATA[Bitcoin price eyes $90K as FTX-era BTC bullish divergence flashes again& & TradingView]]></description><link>https://coinsnews.com/bitcoin-price-eyes-90k-as-ftx-era-btc-bullish-divergence-flashes-again-tradingview</link><guid>858443</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin price eyes $90K as FTX-era BTC bullish divergence flashes again - TradingView</dc:text></item><item><title>Bitcoin Price Rebounds From 2-Month Low. SpaceX IPO Siphons Capital, Analyst Says. - Investor's Business Daily</title><description><![CDATA[Bitcoin Price Rebounds From 2-Month Low. SpaceX IPO Siphons Capital, Analyst Says.& & Investor's Business Daily]]></description><link>https://coinsnews.com/bitcoin-price-rebounds-from-2-month-low-spacex-ipo-siphons-capital-analyst-says-investors-business-daily</link><guid>858404</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Price Rebounds From 2-Month Low. SpaceX IPO Siphons Capital, Analyst Says. - Investor's Business Daily</dc:text></item><item><title>Bitcoin Punches Back Above $63K as Nasdaq Claws Back 1.3% From Worst Drop in a Year</title><description><![CDATA[Bitcoin climbed back above $63,000 Monday morning as institutional buyers stepped in and U.S. lawmakers advanced key crypto legislation, pushing the total digital asset market cap to $2.19 trillion. Institutions Buy the Dip Strategy purchased an additional 1,550 BTC for approximately $101 million, according to data circulating Monday. The move came as bitcoin traded near [&#8230;]]]></description><link>https://coinsnews.com/bitcoin-punches-back-above-63k-as-nasdaq-claws-back-13-from-worst-drop-in-a-year</link><guid>858382</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitcoin-punches-back-above-63k-as-nasdaq-claws-back-1-3-from-worst-drop-in-a-year_nwmk-768x432.png</dc:content ><dc:text>Bitcoin Punches Back Above $63K as Nasdaq Claws Back 1.3% From Worst Drop in a Year</dc:text></item><item><title>Whale's Insight: Bitcoin’s Liquidity Trap: Will ETF Outflows &amp; SpaceX IPO Push BTC Lower? - Seeking Alpha</title><description><![CDATA[Whale's Insight: Bitcoin’s Liquidity Trap: Will ETF Outflows & SpaceX IPO Push BTC Lower?& & Seeking Alpha]]></description><link>https://coinsnews.com/whales-insight-bitcoins-liquidity-trap-will-etf-outflows-spacex-ipo-push-btc-lower-seeking-alpha</link><guid>858427</guid><author>COINS NEWS</author><dc:content /><dc:text>Whale's Insight: Bitcoin’s Liquidity Trap: Will ETF Outflows &amp; SpaceX IPO Push BTC Lower? - Seeking Alpha</dc:text></item><item><title>Strive Buys 32 Bitcoin At $63,900 Average, Bringing Total Holdings To 19,032 BTC - Bitcoin Magazine</title><description><![CDATA[Strive Buys 32 Bitcoin At $63,900 Average, Bringing Total Holdings To 19,032 BTC& & Bitcoin Magazine]]></description><link>https://coinsnews.com/strive-buys-32-bitcoin-at-63900-average-bringing-total-holdings-to-19032-btc-bitcoin-magazine</link><guid>858425</guid><author>COINS NEWS</author><dc:content /><dc:text>Strive Buys 32 Bitcoin At $63,900 Average, Bringing Total Holdings To 19,032 BTC - Bitcoin Magazine</dc:text></item><item><title>Strive (ASST) Buys 32 Bitcoin At $63,900 Average, Bringing Total Holdings To 19,032 BTC - Bitcoin Magazine</title><description><![CDATA[Strive (ASST) Buys 32 Bitcoin At $63,900 Average, Bringing Total Holdings To 19,032 BTC& & Bitcoin Magazine]]></description><link>https://coinsnews.com/strive-asst-buys-32-bitcoin-at-63900-average-bringing-total-holdings-to-19032-btc-bitcoin-magazine</link><guid>858529</guid><author>COINS NEWS</author><dc:content /><dc:text>Strive (ASST) Buys 32 Bitcoin At $63,900 Average, Bringing Total Holdings To 19,032 BTC - Bitcoin Magazine</dc:text></item><item><title>Bernstein Says Bitcoin’s ‘Store Of Value’ Thesis Remains Intact - Yahoo Finance</title><description><![CDATA[Bernstein Says Bitcoin’s ‘Store Of Value’ Thesis Remains Intact& & Yahoo Finance]]></description><link>https://coinsnews.com/bernstein-says-bitcoins-store-of-value-thesis-remains-intact-yahoo-finance</link><guid>858407</guid><author>COINS NEWS</author><dc:content /><dc:text>Bernstein Says Bitcoin’s ‘Store Of Value’ Thesis Remains Intact - Yahoo Finance</dc:text></item><item><title>Strategy Buys 1,550 Bitcoin — Nearly 50 Times The BTC It Sold Last Week - Yahoo Finance</title><description><![CDATA[Strategy Buys 1,550 Bitcoin — Nearly 50 Times The BTC It Sold Last Week& & Yahoo Finance]]></description><link>https://coinsnews.com/strategy-buys-1550-bitcoin-nearly-50-times-the-btc-it-sold-last-week-yahoo-finance</link><guid>858411</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy Buys 1,550 Bitcoin — Nearly 50 Times The BTC It Sold Last Week - Yahoo Finance</dc:text></item><item><title>Strategy Buys Back 1,550 Bitcoin — Nearly 50 Times The BTC It Sold Last Week - Stocktwits</title><description><![CDATA[Strategy Buys Back 1,550 Bitcoin — Nearly 50 Times The BTC It Sold Last Week& & Stocktwits]]></description><link>https://coinsnews.com/strategy-buys-back-1550-bitcoin-nearly-50-times-the-btc-it-sold-last-week-stocktwits</link><guid>858480</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy Buys Back 1,550 Bitcoin — Nearly 50 Times The BTC It Sold Last Week - Stocktwits</dc:text></item><item><title>Strategy Buys Bitcoin, Pads Cash Reserves Following Biggest Weekly Stock Drop Since 2022 - Yahoo Finance</title><description><![CDATA[Strategy Buys Bitcoin, Pads Cash Reserves Following Biggest Weekly Stock Drop Since 2022& & Yahoo Finance]]></description><link>https://coinsnews.com/strategy-buys-bitcoin-pads-cash-reserves-following-biggest-weekly-stock-drop-since-2022-yahoo-finance</link><guid>858409</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy Buys Bitcoin, Pads Cash Reserves Following Biggest Weekly Stock Drop Since 2022 - Yahoo Finance</dc:text></item><item><title>Strategy Buys Bitcoin, Pads Cash Reserves Following Biggest Weekly Stock Drop Since 2022 - Decrypt</title><description><![CDATA[Strategy Buys Bitcoin, Pads Cash Reserves Following Biggest Weekly Stock Drop Since 2022& & Decrypt]]></description><link>https://coinsnews.com/strategy-buys-bitcoin-pads-cash-reserves-following-biggest-weekly-stock-drop-since-2022-decrypt</link><guid>858423</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy Buys Bitcoin, Pads Cash Reserves Following Biggest Weekly Stock Drop Since 2022 - Decrypt</dc:text></item><item><title>Bitcoin bounces back above $63K following Friday’s washout below $60K - Seeking Alpha</title><description><![CDATA[Bitcoin bounces back above $63K following Friday’s washout below $60K& & Seeking Alpha]]></description><link>https://coinsnews.com/bitcoin-bounces-back-above-63k-following-fridays-washout-below-60k-seeking-alpha</link><guid>858482</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin bounces back above $63K following Friday’s washout below $60K - Seeking Alpha</dc:text></item><item><title>Tom Lee Says AI Systems Will Lift Ethereum Demand as Bitmine Stacks 5.54M ETH</title><description><![CDATA[Bitmine Immersion Technologies now controls 4.59% of the entire ethereum supply after accumulating 5.54 million ETH valued at approximately $9.04 billion at current prices. Holdings Overview The Norwalk, Connecticut-based company disclosed total crypto, cash, and “moonshot” holdings of $9.6 billion as of June 7, 2026. The breakdown includes 5,543,872 ETH at $1,630 per token, 204 [&#8230;]]]></description><link>https://coinsnews.com/tom-lee-says-ai-systems-will-lift-ethereum-demand-as-bitmine-stacks-554m-eth</link><guid>858383</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/tom-lee-says-ai-systems-will-lift-ethereum-demand-as-bitmine-stacks-5-54m-eth_nwmk-768x432.png</dc:content ><dc:text>Tom Lee Says AI Systems Will Lift Ethereum Demand as Bitmine Stacks 5.54M ETH</dc:text></item><item><title>Current price of Bitcoin for June 8, 2026 - Fortune</title><description><![CDATA[Current price of Bitcoin for June 8, 2026& & Fortune]]></description><link>https://coinsnews.com/current-price-of-bitcoin-for-june-8-2026-fortune</link><guid>858403</guid><author>COINS NEWS</author><dc:content /><dc:text>Current price of Bitcoin for June 8, 2026 - Fortune</dc:text></item><item><title>Is Dogecoin Near A Bottom? This Key Metric Is Offering New Clues On The Matter</title><description><![CDATA[With heightened bearish pressure continuing to impact Dogecoin’s price action, investors are now discussing and showing concerns about when the meme coin could bottom out. However, a crucial signal has recently emerged from a key metric, suggesting that DOGE’s market bottom may be taking shape.
Dogecoin’s Price Bottoming Signal Emerges
Dogecoin may witness a slight bounce on Sunday, but its broader outlook remains highly bearish, stifled by ongoing volatility in the crypto market. As investors look for indications that Dogecoin might be nearing a turning point, one on-chain metric is gaining attention for its clues about the meme coin’s current phase.
These clues are emerging from the Dogecoin Cumulative Value Days Destroyed (CVDD) metric. After thoroughly examining the metric, Joao Wedson, the founder of the Alphractal on-chain platform, announced that DOGE is in a price bottoming phase. According to the expert, this metric has been one of the most accurate throughout the meme coin’s history. This is because every time DOGE approached 1 on the chart, or spent just a few days below it, major price bottoms often follow.
While the phase matures, Wedson highlighted that the latest bottoming signal will be triggered whenever Dogecoin falls below the $0.08 level. Once the meme coin drops below this level, this development will be seen as an ideal entry point, as the smartest investors are expected to start accumulating a lot of DOGE.
As a result, the expert has advised investors to start accumulating, especially during the capitulation phase, and hold the meme coin for a long time. In the midst of rising volatility, Dogecoin could reach a price bottom before Bitcoin.
Wedson is confident DOGE might bottom out in June because the meme coin often marks a local bottom in the month in bear market periods. Meanwhile, BTC typically reaches a price bottom at the end of Q3 or Q4 during bear market phases.
Past Price Trend Is Set To Repeat
DOGE may bottom out in June, but its price action in the month is not going to be a smooth one. In the monthly timeframe, Dogecoin has dropped down to a long-term macro support level, which has been present since 2017. 
As a result, Namtoshi Dogemoto, an investor and crypto analyst, has predicted that the meme coin may experience some volatility in June as it did in the 2020 market cycle. During the period, DOGE dropped below this support on multiple occasions and sprinted back up before the end of the month. With a similar trend emerging, DOGE is likely to mirror the price action of June 2020. 
Currently, the expert is positioned below the macro support level, and a repetition of this price action could result in massive gains. “I didn&#8217;t think we would visit down here, but it&#8217;s a great opportunity to load up now,” Dogemoto added.
Ali Charts shared that DOGE has reached a closely monitored target of $0.0883, with the lower boundary of a parallel channel now being tested. As long as this support holds, the expert believes recovery toward $0.1019 and $0.1156 could unfold. However, a breakdown is likely to expose the next major supply zone near $0.067.
]]></description><link>https://coinsnews.com/is-dogecoin-near-a-bottom-this-key-metric-is-offering-new-clues-on-the-matter</link><guid>858361</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/Dogecoin-chart-from-Joao-Wedson.jpeg?w=640&amp;#038;resize=640%2C360</dc:content ><dc:text>Is Dogecoin Near A Bottom? This Key Metric Is Offering New Clues On The Matter</dc:text></item><item><title>Has The Bitcoin Price Crash Ended Or Is This Just The Beginning? Analyst Answers - TradingView</title><description><![CDATA[Has The Bitcoin Price Crash Ended Or Is This Just The Beginning? Analyst Answers& & TradingView]]></description><link>https://coinsnews.com/has-the-bitcoin-price-crash-ended-or-is-this-just-the-beginning-analyst-answers-tradingview</link><guid>858412</guid><author>COINS NEWS</author><dc:content /><dc:text>Has The Bitcoin Price Crash Ended Or Is This Just The Beginning? Analyst Answers - TradingView</dc:text></item><item><title>Standalone bitcoin ticket miner offers easy way into crypto for $39.99 - Cult of Mac</title><description><![CDATA[Standalone bitcoin ticket miner offers easy way into crypto for $39.99& & Cult of Mac]]></description><link>https://coinsnews.com/standalone-bitcoin-ticket-miner-offers-easy-way-into-crypto-for-3999-cult-of-mac</link><guid>858418</guid><author>COINS NEWS</author><dc:content /><dc:text>Standalone bitcoin ticket miner offers easy way into crypto for $39.99 - Cult of Mac</dc:text></item><item><title>Bitcoin and ethereum prices today, Monday, June 8, 2026: Moving up after bitcoin prices fell below $60,000 - Yahoo Finance</title><description><![CDATA[Bitcoin and ethereum prices today, Monday, June 8, 2026: Moving up after bitcoin prices fell below $60,000& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-and-ethereum-prices-today-monday-june-8-2026-moving-up-after-bitcoin-prices-fell-below-60000-yahoo-finance</link><guid>858406</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin and ethereum prices today, Monday, June 8, 2026: Moving up after bitcoin prices fell below $60,000 - Yahoo Finance</dc:text></item><item><title>Strategy Buys $100 Million Of Bitcoin Following Recent Sale - Yahoo Finance</title><description><![CDATA[Strategy Buys $100 Million Of Bitcoin Following Recent Sale& & Yahoo Finance]]></description><link>https://coinsnews.com/strategy-buys-100-million-of-bitcoin-following-recent-sale-yahoo-finance</link><guid>858405</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy Buys $100 Million Of Bitcoin Following Recent Sale - Yahoo Finance</dc:text></item><item><title>Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC For $101 Million - Bitcoin Magazine</title><description><![CDATA[Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC For $101 Million& & Bitcoin Magazine]]></description><link>https://coinsnews.com/strategy-mstr-restarts-bitcoin-purchases-after-selling-buys-1550-btc-for-101-million-bitcoin-magazine</link><guid>858420</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC For $101 Million - Bitcoin Magazine</dc:text></item><item><title>Strategy Buys The Dip With 1,550 Bitcoin After Rare Treasury Sale - Yellow.com</title><description><![CDATA[Strategy Buys The Dip With 1,550 Bitcoin After Rare Treasury Sale& & Yellow.com]]></description><link>https://coinsnews.com/strategy-buys-the-dip-with-1550-bitcoin-after-rare-treasury-sale-yellowcom</link><guid>858414</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy Buys The Dip With 1,550 Bitcoin After Rare Treasury Sale - Yellow.com</dc:text></item><item><title>Investors welcome Strategy's $101M Bitcoin buy; shares recover from recent dip (MSTR:NASDAQ) - Seeking Alpha</title><description><![CDATA[Investors welcome Strategy's $101M Bitcoin buy; shares recover from recent dip (MSTR:NASDAQ)& & Seeking Alpha]]></description><link>https://coinsnews.com/investors-welcome-strategys-101m-bitcoin-buy-shares-recover-from-recent-dip-mstrnasdaq-seeking-alpha</link><guid>858426</guid><author>COINS NEWS</author><dc:content /><dc:text>Investors welcome Strategy's $101M Bitcoin buy; shares recover from recent dip (MSTR:NASDAQ) - Seeking Alpha</dc:text></item><item><title>Is Bitcoin Bottoming? MVRV Falls to 1.1, Entering the ‘Cheap Zone’ That Marked Every Major Low Since 2018</title><description><![CDATA[Bitcoin has slipped into what analysts call a “cheap zone,” with its market value to realized value (MVRV) ratio falling to 1.1, a 27-month low. A reading of this nature has historically preceded major market bottoms. A Reading Not Seen Since 2023 Cryptoquant analysts noted that bitcoin’s MVRV ratio has dropped to about 1.1, sitting [&#8230;]]]></description><link>https://coinsnews.com/is-bitcoin-bottoming-mvrv-falls-to-11-entering-the-cheap-zone-that-marked-every-major-low-since-2018</link><guid>858384</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitcoin-enters-cheap-zone-as-mvrv-hits-1-1-a-level-that-marked-past-bottoms3_nwmk-768x432.jpg</dc:content ><dc:text>Is Bitcoin Bottoming? MVRV Falls to 1.1, Entering the ‘Cheap Zone’ That Marked Every Major Low Since 2018</dc:text></item><item><title>Strategy Buys $101 Million Worth of Bitcoin. It’s a Good Sign for Crypto. - Barron's</title><description><![CDATA[Strategy Buys $101 Million Worth of Bitcoin. It’s a Good Sign for Crypto.& & Barron's]]></description><link>https://coinsnews.com/strategy-buys-101-million-worth-of-bitcoin-its-a-good-sign-for-crypto-barrons</link><guid>858301</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy Buys $101 Million Worth of Bitcoin. It’s a Good Sign for Crypto. - Barron's</dc:text></item><item><title>Crypto stocks in focus as Bitcoin steadies after deep selloff - MSN</title><description><![CDATA[Crypto stocks in focus as Bitcoin steadies after deep selloff& & MSN]]></description><link>https://coinsnews.com/crypto-stocks-in-focus-as-bitcoin-steadies-after-deep-selloff-msn</link><guid>858341</guid><author>COINS NEWS</author><dc:content /><dc:text>Crypto stocks in focus as Bitcoin steadies after deep selloff - MSN</dc:text></item><item><title>Strategy Snaps Up $100 Million in Bitcoin -- WSJ - Moomoo</title><description><![CDATA[Strategy Snaps Up $100 Million in Bitcoin -- WSJ& & Moomoo]]></description><link>https://coinsnews.com/strategy-snaps-up-100-million-in-bitcoin-wsj-moomoo</link><guid>858333</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy Snaps Up $100 Million in Bitcoin -- WSJ - Moomoo</dc:text></item><item><title>Strategy resumes bitcoin buying spree, quelling market panic - Yahoo Finance</title><description><![CDATA[Strategy resumes bitcoin buying spree, quelling market panic& & Yahoo Finance]]></description><link>https://coinsnews.com/strategy-resumes-bitcoin-buying-spree-quelling-market-panic-yahoo-finance</link><guid>858310</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy resumes bitcoin buying spree, quelling market panic - Yahoo Finance</dc:text></item><item><title>Strategy Buys 1,550 Bitcoin — Nearly 50 Times The BTC It Sold Last Week - Stocktwits</title><description><![CDATA[Strategy Buys 1,550 Bitcoin — Nearly 50 Times The BTC It Sold Last Week& & Stocktwits]]></description><link>https://coinsnews.com/strategy-buys-1550-bitcoin-nearly-50-times-the-btc-it-sold-last-week-stocktwits</link><guid>858532</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy Buys 1,550 Bitcoin — Nearly 50 Times The BTC It Sold Last Week - Stocktwits</dc:text></item><item><title>Bitcoin, Ethereum, Solana Down Over 20% In A Month Is The 'Biggest Macro Opportunity,' Expert Claims - Benzinga</title><description><![CDATA[Bitcoin, Ethereum, Solana Down Over 20% In A Month Is The 'Biggest Macro Opportunity,' Expert Claims& & Benzinga]]></description><link>https://coinsnews.com/bitcoin-ethereum-solana-down-over-20-in-a-month-is-the-biggest-macro-opportunity-expert-claims-benzinga</link><guid>858339</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin, Ethereum, Solana Down Over 20% In A Month Is The 'Biggest Macro Opportunity,' Expert Claims - Benzinga</dc:text></item><item><title>Strategy Stock Is Down 75%: Has Billionaire Michael Saylor's Bitcoin Treasury Experiment Failed? - The Motley Fool</title><description><![CDATA[Strategy Stock Is Down 75%: Has Billionaire Michael Saylor's Bitcoin Treasury Experiment Failed?& & The Motley Fool]]></description><link>https://coinsnews.com/strategy-stock-is-down-75-has-billionaire-michael-saylors-bitcoin-treasury-experiment-failed-the-motley-fool</link><guid>858318</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy Stock Is Down 75%: Has Billionaire Michael Saylor's Bitcoin Treasury Experiment Failed? - The Motley Fool</dc:text></item><item><title>Bitcoin Rebounds 3.8% As Investors Await Strategy Filing - Yahoo Finance</title><description><![CDATA[Bitcoin Rebounds 3.8% As Investors Await Strategy Filing& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-rebounds-38-as-investors-await-strategy-filing-yahoo-finance</link><guid>858302</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Rebounds 3.8% As Investors Await Strategy Filing - Yahoo Finance</dc:text></item><item><title>MicroStrategy Buys Bitcoin 2 Weeks After Selling - Yahoo Finance</title><description><![CDATA[MicroStrategy Buys Bitcoin 2 Weeks After Selling& & Yahoo Finance]]></description><link>https://coinsnews.com/microstrategy-buys-bitcoin-2-weeks-after-selling-yahoo-finance</link><guid>858413</guid><author>COINS NEWS</author><dc:content /><dc:text>MicroStrategy Buys Bitcoin 2 Weeks After Selling - Yahoo Finance</dc:text></item><item><title>China Banned Bitcoin — Then One Of Its Highest Courts Just Ruled It’s Protected Property</title><description><![CDATA[China&#8217;s Supreme People&#8217;s Procuratorate published a landmark case on June 7 in which prosecutors in Qingdao successfully argued that Bitcoin qualifies as legally protected property under the country&#8217;s criminal law — sentencing a thief to nearly 11 years in prison for stealing 107 Bitcoin — in a ruling that creates a striking legal contradiction at the heart of Beijing&#8217;s five-year-old blanket crypto ban.
The case, published on the Supreme People&#8217;s Procuratorate&#8217;s official website under the headline &#8220;107 Bitcoins Disappeared,&#8221; centers on a defendant identified only by the surname Zhang. According to the court documents, Zhang obtained the victim&#8217;s cryptocurrency wallet recovery phrase and used it to transfer and sell 107 Bitcoin belonging to the victim — an act the Qingdao prosecutors successfully prosecuted as theft of property under Chinese criminal law, per the SPP&#8217;s official account of the case.
Zhang was sentenced to ten years and nine months in prison and fined 100,000 yuan — approximately $13,800 — per the official ruling. The value of the stolen property was calculated based on the 660,000 yuan, or roughly $91,000, that Zhang received from liquidating the Bitcoin after the theft.
The prosecution&#8217;s core legal argument was that Bitcoin satisfies the statutory definition of property under Chinese criminal law because it holds demonstrable economic value and can be exclusively controlled by its owner — two criteria that define protectable property interests under the Chinese legal framework.
The Contradiction At The Center Of Chinese Crypto Law
The Qingdao ruling places Beijing&#8217;s legal system in an uncomfortable but increasingly documented position. China&#8217;s September 2021 blanket ban — jointly issued by ten regulatory bodies including the People&#8217;s Bank of China — declared all cryptocurrency transactions illegal, effectively prohibiting trading, exchanges, and mining across the country.
In May 2026, China expanded that crackdown to explicitly cover stablecoins, RWA tokenization, and offshore yuan-pegged digital currencies, with a two-year rectification deadline for all unauthorized cross-border financial channels.
Yet Chinese courts have simultaneously and consistently affirmed Bitcoin&#8217;s status as protected property in criminal proceedings. A Shanghai court ruled in 2024 that crypto ownership is legal under Chinese law, per the South China Morning Post. The Shanghai Second Intermediate People&#8217;s Court previously described Bitcoin as a &#8220;unique and non-replicable&#8221; asset with clear financial attributes.
And now the Supreme People&#8217;s Procuratorate — China&#8217;s highest prosecutorial authority — has published the Qingdao case as a model ruling, signaling to prosecutors nationwide that this is the correct framework for handling Bitcoin theft cases.
Why The SPP Published This Case
Publication by the Supreme People&#8217;s Procuratorate is not routine reporting. Cases featured on the SPP&#8217;s official platform are selected as guidance for lower-level prosecutors and courts handling similar matters across China&#8217;s 34 provincial-level jurisdictions.
By highlighting the Qingdao case, Beijing&#8217;s highest prosecutorial body is effectively issuing an instruction: when Bitcoin is stolen, prosecute it as property theft and value it at market rates. That instruction operates regardless of — and in direct tension with — the trading and transaction ban that nominally makes Bitcoin illegal to hold or transfer in China.
The legal architecture this creates is genuinely novel. China simultaneously tells its citizens they cannot buy, sell, or trade Bitcoin — and tells its courts that if someone steals it, the full weight of criminal law will protect the victim&#8217;s property rights. The nascent sector has never encountered a major jurisdiction that bans its use and protects its ownership simultaneously at the highest legal level.
This development marks a pivotal and legally complex moment for Bitcoin&#8217;s global status. A ruling published by China&#8217;s Supreme People&#8217;s Procuratorate confirming Bitcoin as legally protected criminal property — in a country that officially bans its use — is not a minor jurisdictional footnote. It is a signal that even the world&#8217;s most restrictive crypto regime cannot fully escape the legal reality of what Bitcoin is.
Cover image from Grok, BTCUSD chart from Tradingview
]]></description><link>https://coinsnews.com/china-banned-bitcoin-then-one-of-its-highest-courts-just-ruled-its-protected-property</link><guid>858362</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/BTCUSD_2026-06-08_14-21-23.png?w=980&amp;#038;resize=980%2C531</dc:content ><dc:text>China Banned Bitcoin — Then One Of Its Highest Courts Just Ruled It’s Protected Property</dc:text></item><item><title>Morning Minute: Bitcoin Recovers After Fall Below $60k - Yahoo Finance</title><description><![CDATA[Morning Minute: Bitcoin Recovers After Fall Below $60k& & Yahoo Finance]]></description><link>https://coinsnews.com/morning-minute-bitcoin-recovers-after-fall-below-60k-yahoo-finance</link><guid>858321</guid><author>COINS NEWS</author><dc:content /><dc:text>Morning Minute: Bitcoin Recovers After Fall Below $60k - Yahoo Finance</dc:text></item><item><title>Both retail and institutional are signaling crypto is a long-term asset to hold: John D’Agostino - CNBC</title><description><![CDATA[Both retail and institutional are signaling crypto is a long-term asset to hold: John D’Agostino& & CNBC]]></description><link>https://coinsnews.com/both-retail-and-institutional-are-signaling-crypto-is-a-long-term-asset-to-hold-john-dagostino-cnbc</link><guid>858650</guid><author>COINS NEWS</author><dc:content /><dc:text>Both retail and institutional are signaling crypto is a long-term asset to hold: John D’Agostino - CNBC</dc:text></item><item><title>Bitcoin Steadies After $60,000 Breach as Saylor Adds to Hoard - Yahoo Finance</title><description><![CDATA[Bitcoin Steadies After $60,000 Breach as Saylor Adds to Hoard& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-steadies-after-60000-breach-as-saylor-adds-to-hoard-yahoo-finance</link><guid>858300</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Steadies After $60,000 Breach as Saylor Adds to Hoard - Yahoo Finance</dc:text></item><item><title>Crypto stocks in focus as Bitcoin steadies after deep selloff (COIN:NASDAQ) - Seeking Alpha</title><description><![CDATA[Crypto stocks in focus as Bitcoin steadies after deep selloff (COIN:NASDAQ)& & Seeking Alpha]]></description><link>https://coinsnews.com/crypto-stocks-in-focus-as-bitcoin-steadies-after-deep-selloff-coinnasdaq-seeking-alpha</link><guid>858305</guid><author>COINS NEWS</author><dc:content /><dc:text>Crypto stocks in focus as Bitcoin steadies after deep selloff (COIN:NASDAQ) - Seeking Alpha</dc:text></item><item><title>MSTR buys 1,550 BTC, boosts cash reserves to $1 billion - CoinDesk</title><description><![CDATA[MSTR buys 1,550 BTC, boosts cash reserves to $1 billion& & CoinDesk]]></description><link>https://coinsnews.com/mstr-buys-1550-btc-boosts-cash-reserves-to-1-billion-coindesk</link><guid>858317</guid><author>COINS NEWS</author><dc:content /><dc:text>MSTR buys 1,550 BTC, boosts cash reserves to $1 billion - CoinDesk</dc:text></item><item><title>One Week After Selling 32 BTC, Strategy Buys 1,550 More for $101 Million</title><description><![CDATA[Strategy has added 1,550 bitcoin to its treasury for approximately $101 million, bringing its total holdings to 845,256 BTC and its USD reserve to $1.0 billion. Executive Chairman Michael Saylor disclosed the purchase on X on June 8, 2026, sharing the company’s updated reserve figures. The announcement came exactly one week after Strategy’s first disclosed [&#8230;]]]></description><link>https://coinsnews.com/one-week-after-selling-32-btc-strategy-buys-1550-more-for-101-million</link><guid>858385</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/one-week-after-selling-32-btc-strategy-buys-1550-more-for-101-million-768x432.png</dc:content ><dc:text>One Week After Selling 32 BTC, Strategy Buys 1,550 More for $101 Million</dc:text></item><item><title>Bitcoin News Today: BTC $1.72B Weekly ETF Exodus, Is the Institutional Selloff Peaking? - Yahoo Finance</title><description><![CDATA[Bitcoin News Today: BTC $1.72B Weekly ETF Exodus, Is the Institutional Selloff Peaking?& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-news-today-btc-172b-weekly-etf-exodus-is-the-institutional-selloff-peaking-yahoo-finance</link><guid>858419</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin News Today: BTC $1.72B Weekly ETF Exodus, Is the Institutional Selloff Peaking? - Yahoo Finance</dc:text></item><item><title>Strategy Resumes Buying Bitcoin After Rare Sale Roils Crypto - Bloomberg.com</title><description><![CDATA[Strategy Resumes Buying Bitcoin After Rare Sale Roils Crypto& & Bloomberg.com]]></description><link>https://coinsnews.com/strategy-resumes-buying-bitcoin-after-rare-sale-roils-crypto-bloombergcom</link><guid>858408</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy Resumes Buying Bitcoin After Rare Sale Roils Crypto - Bloomberg.com</dc:text></item><item><title>Strategy Resumes Buying Bitcoin After Rare Sale Roils Crypto - Bloomberg</title><description><![CDATA[Strategy Resumes Buying Bitcoin After Rare Sale Roils Crypto& & Bloomberg]]></description><link>https://coinsnews.com/strategy-resumes-buying-bitcoin-after-rare-sale-roils-crypto-bloomberg</link><guid>858477</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy Resumes Buying Bitcoin After Rare Sale Roils Crypto - Bloomberg</dc:text></item><item><title>Michael Saylor's Strategy buys another 1,550 bitcoin for $101 million after small sale as total holdings rise to 845,256 BTC - The Block</title><description><![CDATA[Michael Saylor's Strategy buys another 1,550 bitcoin for $101 million after small sale as total holdings rise to 845,256 BTC& & The Block]]></description><link>https://coinsnews.com/michael-saylors-strategy-buys-another-1550-bitcoin-for-101-million-after-small-sale-as-total-holdings-rise-to-845256-btc-the-block</link><guid>858422</guid><author>COINS NEWS</author><dc:content /><dc:text>Michael Saylor's Strategy buys another 1,550 bitcoin for $101 million after small sale as total holdings rise to 845,256 BTC - The Block</dc:text></item><item><title>Strategy acquires 1,550 bitcoin - Investing.com</title><description><![CDATA[Strategy acquires 1,550 bitcoin& & Investing.com]]></description><link>https://coinsnews.com/strategy-acquires-1550-bitcoin-investingcom</link><guid>858330</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy acquires 1,550 bitcoin - Investing.com</dc:text></item><item><title>Why a hidden math metric shows bitcoin may be getting too cheap for investors to ignore - CoinDesk</title><description><![CDATA[Why a hidden math metric shows bitcoin may be getting too cheap for investors to ignore& & CoinDesk]]></description><link>https://coinsnews.com/why-a-hidden-math-metric-shows-bitcoin-may-be-getting-too-cheap-for-investors-to-ignore-coindesk</link><guid>858309</guid><author>COINS NEWS</author><dc:content /><dc:text>Why a hidden math metric shows bitcoin may be getting too cheap for investors to ignore - CoinDesk</dc:text></item><item><title>Bitcoin Crash Says Liquidity Is Dying As May Job Report Comes Back With Staggering Numbers</title><description><![CDATA[Bitcoin’s weekend crash below $60,000 can be linked to a deeper meaning relating to the May 2026 jobs report that came in far stronger than expected. 
The report from the US Department of Labor shows a resilient labor market, but it also complicated the liquidity that risk assets had been trying to price in, leaving Bitcoin exposed at a time when confidence across crypto is already very low.
May Jobs Report Lands Very Strong
The Bureau of Labor Statistics reported on Friday that US employers added 172,000 jobs in May, more than double the consensus estimate of 85,000 from economists polled by LSEG. 
The unemployment rate held steady at 4.3%, which would have been enough to rattle rate-cut expectations. Interestingly, there were revisions to the job numbers in prior months, which added a further 93,000 jobs to the March and April tallies combined, with March revised up to 214,000 and April revised up to 179,000.
The print was the second-strongest in over a year, and investment markets adjusted immediately. Following the release, Polymarket increased the probability of a Federal Reserve rate increase before year-end to 53%, while the CME FedWatch tool shows a 42.7% chance that rates will be higher by December. As it stands, prediction markets are pricing roughly a 68.8% probability of zero rate cuts in 2026. 
Goldman Sachs Asset Management&#8217;s Lindsay Rosner, head of multi-sector fixed income investing, called the report a Payroll Blowout, and said the Fed has gained more and more confidence that it does not need to worry about the labor market.
Bitcoin&#8217;s Liquidity Is Braking Down
The Kobeissi Letter captured the scale of the reaction by noting that the S&amp;P 500 erased nearly $2 trillion in market cap just hours after what it described as the third-strongest US jobs report in 18 months. The same post also noted that Bitcoin is now down more than 50% from its October 2025 record high, with the bear market gaining momentum this week and crushing risk appetite.
The brief crash below $60,000 over the weekend also showed that traders are reacting to a broader message that liquidity is drying up. Spot Bitcoin ETFs have been dealing with heavy outflows in recent weeks, reducing one of the most important sources of marginal demand that supported the cryptocurrency during its rally in early May.
However, Bitcoin bulls may still have one reason to stay hopeful. Bitcoin slipped through its 200-week moving average over the weekend, which currently sits at $61,000, leading to its first major interaction with the level since 2022. 
Data from Coinglass shows that Bitcoin has historically found bear-market bottoms around the 200-week moving average across major cycles between 2015 and 2020. The last time Bitcoin tested this line was in June 2022, making the latest breach, almost four years later, a notable moment in the current downturn.
Standard Chartered&#8217;s global head of digital assets research, Geoff Kendrick, told clients on June 4 that the bear market may be in its final stages, noting that the recent painful week of price action might be the buying zone we all wanted when Bitcoin returns to $100,000 and Ethereum returns to $4,000.
]]></description><link>https://coinsnews.com/bitcoin-crash-says-liquidity-is-dying-as-may-job-report-comes-back-with-staggering-numbers</link><guid>858363</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/Bitcoin-chart-from-The-Kobeissi-Letter.png?w=512&amp;#038;resize=512%2C413</dc:content ><dc:text>Bitcoin Crash Says Liquidity Is Dying As May Job Report Comes Back With Staggering Numbers</dc:text></item><item><title>Strive Bought 32 More Bitcoin Last Week at an Average Price of $63,911 - bloomingbit</title><description><![CDATA[Strive Bought 32 More Bitcoin Last Week at an Average Price of $63,911& & bloomingbit]]></description><link>https://coinsnews.com/strive-bought-32-more-bitcoin-last-week-at-an-average-price-of-63911-bloomingbit</link><guid>858344</guid><author>COINS NEWS</author><dc:content /><dc:text>Strive Bought 32 More Bitcoin Last Week at an Average Price of $63,911 - bloomingbit</dc:text></item><item><title>Most TradFi Professionals Don’t Fully Understand Bitcoin’s Core Value Proposition - Crowdfund Insider</title><description><![CDATA[Most TradFi Professionals Don’t Fully Understand Bitcoin’s Core Value Proposition& & Crowdfund Insider]]></description><link>https://coinsnews.com/most-tradfi-professionals-dont-fully-understand-bitcoins-core-value-proposition-crowdfund-insider</link><guid>858329</guid><author>COINS NEWS</author><dc:content /><dc:text>Most TradFi Professionals Don’t Fully Understand Bitcoin’s Core Value Proposition - Crowdfund Insider</dc:text></item><item><title>Bitcoin ‘Death Spiral’ May Spark Its Worst Decline Ever, Warns Peter Schiff - Yahoo Finance</title><description><![CDATA[Bitcoin ‘Death Spiral’ May Spark Its Worst Decline Ever, Warns Peter Schiff& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-death-spiral-may-spark-its-worst-decline-ever-warns-peter-schiff-yahoo-finance</link><guid>858311</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin ‘Death Spiral’ May Spark Its Worst Decline Ever, Warns Peter Schiff - Yahoo Finance</dc:text></item><item><title>Bitcoin’s Worst Week Of 2026 Is Happening Right Now — QCP Explains Why The Bottom Isn’t In Yet - TradingView</title><description><![CDATA[Bitcoin’s Worst Week Of 2026 Is Happening Right Now — QCP Explains Why The Bottom Isn’t In Yet& & TradingView]]></description><link>https://coinsnews.com/bitcoins-worst-week-of-2026-is-happening-right-now-qcp-explains-why-the-bottom-isnt-in-yet-tradingview</link><guid>858334</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin’s Worst Week Of 2026 Is Happening Right Now — QCP Explains Why The Bottom Isn’t In Yet - TradingView</dc:text></item><item><title>South Korea Halts KOSPI Trading After 8.4% Crash Trips Circuit Breaker</title><description><![CDATA[South Korea’s KOSPI index plunged 8.4% on Monday, triggering a rare circuit breaker that froze trading for 20 minutes as a global semiconductor selloff battered Asian markets and rattled risk assets, including crypto. A Rare Trading Halt The Korea Exchange activated a Level 1 circuit breaker at 9:03 a.m. local time, suspending trading for 20 [&#8230;]]]></description><link>https://coinsnews.com/south-korea-halts-kospi-trading-after-84-crash-trips-circuit-breaker</link><guid>858386</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/south-korea-halts-kospi-trading-after-8-4-crash-trips-circuit-breaker2_nwmk-768x432.jpg</dc:content ><dc:text>South Korea Halts KOSPI Trading After 8.4% Crash Trips Circuit Breaker</dc:text></item><item><title>Strategy CEO Sells $11M in MSTR Shares the Same Week Bitcoin Tested $60,000 - CCN.com</title><description><![CDATA[Strategy CEO Sells $11M in MSTR Shares the Same Week Bitcoin Tested $60,000& & CCN.com]]></description><link>https://coinsnews.com/strategy-ceo-sells-11m-in-mstr-shares-the-same-week-bitcoin-tested-60000-ccncom</link><guid>858332</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy CEO Sells $11M in MSTR Shares the Same Week Bitcoin Tested $60,000 - CCN.com</dc:text></item><item><title>Bernstein explains why Bitcoin is falling - Investing.com</title><description><![CDATA[Bernstein explains why Bitcoin is falling& & Investing.com]]></description><link>https://coinsnews.com/bernstein-explains-why-bitcoin-is-falling-investingcom</link><guid>858415</guid><author>COINS NEWS</author><dc:content /><dc:text>Bernstein explains why Bitcoin is falling - Investing.com</dc:text></item><item><title>Strategy CEO Sells $11M in MSTR Shares the Same Week Bitcoin Tested $60,000 - Yahoo Finance</title><description><![CDATA[Strategy CEO Sells $11M in MSTR Shares the Same Week Bitcoin Tested $60,000& & Yahoo Finance]]></description><link>https://coinsnews.com/strategy-ceo-sells-11m-in-mstr-shares-the-same-week-bitcoin-tested-60000-yahoo-finance</link><guid>858593</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy CEO Sells $11M in MSTR Shares the Same Week Bitcoin Tested $60,000 - Yahoo Finance</dc:text></item><item><title>Bitcoin holds steady after Sunday's rally, though full-fledged reversal may take longer - CoinDesk</title><description><![CDATA[Bitcoin holds steady after Sunday's rally, though full-fledged reversal may take longer& & CoinDesk]]></description><link>https://coinsnews.com/bitcoin-holds-steady-after-sundays-rally-though-full-fledged-reversal-may-take-longer-coindesk</link><guid>858308</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin holds steady after Sunday's rally, though full-fledged reversal may take longer - CoinDesk</dc:text></item><item><title>Bernstein says bitcoin's 'boring cycle' doesn't undermine store-of-value thesis despite $2.6B ETF outflows in 2026 - The Block</title><description><![CDATA[Bernstein says bitcoin's 'boring cycle' doesn't undermine store-of-value thesis despite $2.6B ETF outflows in 2026& & The Block]]></description><link>https://coinsnews.com/bernstein-says-bitcoins-boring-cycle-doesnt-undermine-store-of-value-thesis-despite-26b-etf-outflows-in-2026-the-block</link><guid>858402</guid><author>COINS NEWS</author><dc:content /><dc:text>Bernstein says bitcoin's 'boring cycle' doesn't undermine store-of-value thesis despite $2.6B ETF outflows in 2026 - The Block</dc:text></item><item><title>Bitcoin Reclaims $63,000 in Oversold Relief Rally After Dipping Below $60K as KOSPI Plunges 8% - unchainedcrypto.com</title><description><![CDATA[Bitcoin Reclaims $63,000 in Oversold Relief Rally After Dipping Below $60K as KOSPI Plunges 8%& & unchainedcrypto.com]]></description><link>https://coinsnews.com/bitcoin-reclaims-63000-in-oversold-relief-rally-after-dipping-below-60k-as-kospi-plunges-8-unchainedcryptocom</link><guid>858336</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Reclaims $63,000 in Oversold Relief Rally After Dipping Below $60K as KOSPI Plunges 8% - unchainedcrypto.com</dc:text></item><item><title>Will Bitcoin’s Historic $60K Support Hold? - Investing.com</title><description><![CDATA[Will Bitcoin’s Historic $60K Support Hold?& & Investing.com]]></description><link>https://coinsnews.com/will-bitcoins-historic-60k-support-hold-investingcom</link><guid>858319</guid><author>COINS NEWS</author><dc:content /><dc:text>Will Bitcoin’s Historic $60K Support Hold? - Investing.com</dc:text></item><item><title>Trader Nails BTC Bottom: Buys $98.9M Bitcoin at $59,734 and Nets $3.5M Profit in Two Days</title><description><![CDATA[A single whale bought 1,656 BTC worth about $98.9 million almost exactly at this month’s local bottom, then booked roughly $3.5 million in paper profit within two days as bitcoin rebounded. Buying the Exact Bottom The purchase landed as bitcoin carved out its weakest level of 2026, touching an intraday low near $59,100 on June [&#8230;]]]></description><link>https://coinsnews.com/trader-nails-btc-bottom-buys-989m-bitcoin-at-59734-and-nets-35m-profit-in-two-days</link><guid>858281</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/trader-nails-btc-bottom-buys-98-9m-bitcoin-at-59734-and-nets-3-5m-profit-in-two-days2_nwmk-768x432.jpg</dc:content ><dc:text>Trader Nails BTC Bottom: Buys $98.9M Bitcoin at $59,734 and Nets $3.5M Profit in Two Days</dc:text></item><item><title>Mapping the Market: Bitcoin teetering on brink of further losses - Reuters</title><description><![CDATA[Mapping the Market: Bitcoin teetering on brink of further losses& & Reuters]]></description><link>https://coinsnews.com/mapping-the-market-bitcoin-teetering-on-brink-of-further-losses-reuters</link><guid>858307</guid><author>COINS NEWS</author><dc:content /><dc:text>Mapping the Market: Bitcoin teetering on brink of further losses - Reuters</dc:text></item><item><title>CME Group CEO Blasts Bitcoin Perpetual Futures, Warns of ‘2007’ Risk - Yahoo Finance</title><description><![CDATA[CME Group CEO Blasts Bitcoin Perpetual Futures, Warns of ‘2007’ Risk& & Yahoo Finance]]></description><link>https://coinsnews.com/cme-group-ceo-blasts-bitcoin-perpetual-futures-warns-of-2007-risk-yahoo-finance</link><guid>858313</guid><author>COINS NEWS</author><dc:content /><dc:text>CME Group CEO Blasts Bitcoin Perpetual Futures, Warns of ‘2007’ Risk - Yahoo Finance</dc:text></item><item><title>Gold slips below 200-day moving average offering glimmer of hope for bitcoin bulls - CoinDesk</title><description><![CDATA[Gold slips below 200-day moving average offering glimmer of hope for bitcoin bulls& & CoinDesk]]></description><link>https://coinsnews.com/gold-slips-below-200-day-moving-average-offering-glimmer-of-hope-for-bitcoin-bulls-coindesk</link><guid>858324</guid><author>COINS NEWS</author><dc:content /><dc:text>Gold slips below 200-day moving average offering glimmer of hope for bitcoin bulls - CoinDesk</dc:text></item><item><title>Afroman Is Back—and He’s Bitcoin’s Latest Freedom Fighter - WIRED</title><description><![CDATA[Afroman Is Back—and He’s Bitcoin’s Latest Freedom Fighter& & WIRED]]></description><link>https://coinsnews.com/afroman-is-backand-hes-bitcoins-latest-freedom-fighter-wired</link><guid>858338</guid><author>COINS NEWS</author><dc:content /><dc:text>Afroman Is Back—and He’s Bitcoin’s Latest Freedom Fighter - WIRED</dc:text></item><item><title>Michael Saylor Accused of ‘Trolling’ Bitcoin Holders With Cryptic ‘32’ Tweet — Is He Predicting $32,000? - Yahoo Finance</title><description><![CDATA[Michael Saylor Accused of ‘Trolling’ Bitcoin Holders With Cryptic ‘32’ Tweet — Is He Predicting $32,000?& & Yahoo Finance]]></description><link>https://coinsnews.com/michael-saylor-accused-of-trolling-bitcoin-holders-with-cryptic-32-tweet-is-he-predicting-32000-yahoo-finance</link><guid>858315</guid><author>COINS NEWS</author><dc:content /><dc:text>Michael Saylor Accused of ‘Trolling’ Bitcoin Holders With Cryptic ‘32’ Tweet — Is He Predicting $32,000? - Yahoo Finance</dc:text></item><item><title>HYPE, NEAR, ZEC Outrun Bitcoin After Hayes Dumps Them — Now He's Denying A $2M Buyback - Yahoo Finance</title><description><![CDATA[HYPE, NEAR, ZEC Outrun Bitcoin After Hayes Dumps Them — Now He's Denying A $2M Buyback& & Yahoo Finance]]></description><link>https://coinsnews.com/hype-near-zec-outrun-bitcoin-after-hayes-dumps-them-now-hes-denying-a-2m-buyback-yahoo-finance</link><guid>858322</guid><author>COINS NEWS</author><dc:content /><dc:text>HYPE, NEAR, ZEC Outrun Bitcoin After Hayes Dumps Them — Now He's Denying A $2M Buyback - Yahoo Finance</dc:text></item><item><title>CME Announces First Bitcoin Volatility Futures Trades - Markets Media</title><description><![CDATA[CME Announces First Bitcoin Volatility Futures Trades& & Markets Media]]></description><link>https://coinsnews.com/cme-announces-first-bitcoin-volatility-futures-trades-markets-media</link><guid>858316</guid><author>COINS NEWS</author><dc:content /><dc:text>CME Announces First Bitcoin Volatility Futures Trades - Markets Media</dc:text></item><item><title>Ethereum OG Dumps $188M Near $2,040, Buys Back ETH 23% Cheaper</title><description><![CDATA[A long-dormant Ethereum investor sold about $188 million in ether and related tokens just before this month’s market crash, then began buying back at sharply lower prices, completing a textbook round trip. A Well-Timed Exit The investor who has been holding coins since the network’s early days sold 60,000 ETH worth about $117.25 million and [&#8230;]]]></description><link>https://coinsnews.com/ethereum-og-dumps-188m-near-2040-buys-back-eth-23-cheaper</link><guid>858282</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/ethereum-og-dumps-188m-near-2040-buys-back-eth-23-cheaper2_nwmk-768x432.jpg</dc:content ><dc:text>Ethereum OG Dumps $188M Near $2,040, Buys Back ETH 23% Cheaper</dc:text></item><item><title>Bitcoin's $60K Floor at 84% Odds After Worst Week Since 2022 - Moomoo</title><description><![CDATA[Bitcoin's $60K Floor at 84% Odds After Worst Week Since 2022& & Moomoo]]></description><link>https://coinsnews.com/bitcoins-60k-floor-at-84-odds-after-worst-week-since-2022-moomoo</link><guid>858320</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin's $60K Floor at 84% Odds After Worst Week Since 2022 - Moomoo</dc:text></item><item><title>Spot bitcoin ETFs log $1.7 billion in weekly outflows, largest since February 2025 - The Block</title><description><![CDATA[Spot bitcoin ETFs log $1.7 billion in weekly outflows, largest since February 2025& & The Block]]></description><link>https://coinsnews.com/spot-bitcoin-etfs-log-17-billion-in-weekly-outflows-largest-since-february-2025-the-block</link><guid>858325</guid><author>COINS NEWS</author><dc:content /><dc:text>Spot bitcoin ETFs log $1.7 billion in weekly outflows, largest since February 2025 - The Block</dc:text></item><item><title>Is MicroStrategy’s (MSTR) First Bitcoin Sale Since 2022 Quietly Rewriting Its Treasury Playbook? - Yahoo Finance</title><description><![CDATA[Is MicroStrategy’s (MSTR) First Bitcoin Sale Since 2022 Quietly Rewriting Its Treasury Playbook?& & Yahoo Finance]]></description><link>https://coinsnews.com/is-microstrategys-mstr-first-bitcoin-sale-since-2022-quietly-rewriting-its-treasury-playbook-yahoo-finance</link><guid>858312</guid><author>COINS NEWS</author><dc:content /><dc:text>Is MicroStrategy’s (MSTR) First Bitcoin Sale Since 2022 Quietly Rewriting Its Treasury Playbook? - Yahoo Finance</dc:text></item><item><title>JPMorgan Warns Strategy’s Bitcoin Sale Spooked Markets</title><description><![CDATA[JPMorgan analysts say Strategy’s last week sale of 32 bitcoin unsettled crypto markets and may force Michael Saylor’s company to rebuild its dollar reserves to restore confidence among investors. The warning comes as the bank turns more cautious on crypto, citing weaker capital flows, bitcoin’s break below estimated production cost, and reduced confidence in US crypto legislation passing this year.
In a report titled Alternative Investments Outlook and Strategy, JPMorgan analysts led by managing director Nikolaos Panigirtzoglou said Strategy’s small bitcoin sale had an outsized signaling effect. The sale was described as “symbolic and voluntary,” intended to demonstrate flexibility and commitment to preferred stockholders. But according to the analysts, it still “spooked” markets because it raised a central question for holders of both bitcoin and Strategy securities: whether the company could meet dividend obligations without selling more of its BTC stack.
Strategy Needs Cash To Calm Bitcoin Fears
Strategy, formerly MicroStrategy, has become the dominant corporate bitcoin treasury vehicle under Saylor, making its balance-sheet decisions a market-wide signal. JPMorgan said the company’s current dollar reserves cover only around 6.3 months of dividend payments, a level the analysts believe may be too thin for investors who are already watching the firm’s leverage, preferred stock structure and bitcoin exposure closely.
“In our opinion a rebuilding of the company&#8217;s dollar reserves might be needed to restore confidence and reduce investor concerns that the company would sell more bitcoins to cover dividend payments,” the analysts said.
The concern is not that Strategy has abandoned its bitcoin acquisition strategy. JPMorgan still expects the company to keep buying BTC. But the firm’s funding mix, dividend burden and limited cash buffer have become more relevant after the 32 BTC sale showed that bitcoin disposals, however small, are now part of the market’s risk calculus.
Strategy created a $1.44 billion US dollar reserve in December to safeguard dividend payments on its preferred stock and service interest on outstanding debt. JPMorgan said the company now needs to clarify how it plans to meet roughly $1.7 billion in annual dividend payments, particularly if bitcoin remains under pressure.
Saylor, meanwhile, signaled the opposite direction on Sunday, posting on X: “A good time to add more dots.” Strategy currently holds 843,706 bitcoin at an average cost of $75,699. At current prices near $62,000, that position implies a paper loss of roughly $11.5 billion.
JPMorgan said that if Strategy maintains its year-to-date pace of acquisitions, the company could buy around $32 billion of bitcoin in 2026, up from the bank’s prior estimate of $30 billion last month. That would compare with roughly $22 billion of bitcoin purchases in both 2025 and 2024.
The bank’s broader crypto outlook has also shifted. In February, JPMorgan was “overweight” and “positive” on digital assets for 2026, expecting institutional flows to drive the market higher. Now, the analysts have turned cautious, pointing to weaker inflows and a more uncertain regulatory backdrop.
A stronger second half for crypto, they said, depends on two conditions: Strategy explaining how it will cover dividends, and Congress passing the US crypto market structure bill, known as the Clarity Act. JPMorgan now sees less than a 50% chance of that legislation passing this year, citing a narrowing window ahead of the US midterm elections, continued debate around stablecoin yield, and remaining political hurdles.
The analysts also noted that bitcoin has spent much of the year below their estimated production cost. Their central estimate fell from $90,000 at the start of the year to $77,000 as hashrate and mining difficulty declined, before rebounding to around $87,000. Historically, they said, production cost has acted as a “soft floor” for bitcoin, making the current price near $62,000 another reason for caution.
Capital flows tell a similar story. JPMorgan estimates total digital asset inflows at around $22 billion year-to-date, implying an annualized pace of roughly $52 billion, about half the level recorded in 2025. The estimate includes crypto fund flows, CME futures positioning, crypto venture capital fundraising and corporate treasury purchases, including Strategy’s bitcoin acquisitions.
Despite the cautious stance, JPMorgan left room for a reversal in sentiment. The analysts said the current weakness could prove a “bullish contrarian signal going forward.” Still, they concluded that a constructive second half “would be conditional on Strategy clarifying its strategy [for] meeting dividend payments of $1.7 billion a year and on the approval of the US market structure legislation for which we now see less than 50% chance.”
At press time, BTC traded at $63,071.
]]></description><link>https://coinsnews.com/jpmorgan-warns-strategys-bitcoin-sale-spooked-markets</link><guid>858364</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/BTCUSDT_2026-06-08_10-54-37.png?resize=1024%2C502</dc:content ><dc:text>JPMorgan Warns Strategy’s Bitcoin Sale Spooked Markets</dc:text></item><item><title>Bitcoin’s Biggest Test Since Halving: Is the 4-Year Cycle Playing Out as Expected - Investing.com</title><description><![CDATA[Bitcoin’s Biggest Test Since Halving: Is the 4-Year Cycle Playing Out as Expected& & Investing.com]]></description><link>https://coinsnews.com/bitcoins-biggest-test-since-halving-is-the-4-year-cycle-playing-out-as-expected-investingcom</link><guid>858328</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin’s Biggest Test Since Halving: Is the 4-Year Cycle Playing Out as Expected - Investing.com</dc:text></item><item><title>Bitcoin’s Bounce to $64,000 Wipes out $320 Million in Crypto Shorts in 15 Minutes</title><description><![CDATA[A sudden bitcoin rebound torched roughly $320 million worth of short positions across the crypto market in just 15 minutes, as bearish traders were caught offside by a fast reversal off the year’s lows. A 15-Minute Short Squeeze A little over $320,000,000 in shorts were liquidated from the crypto market in a single 15-minute window [&#8230;]]]></description><link>https://coinsnews.com/bitcoins-bounce-to-64000-wipes-out-320-million-in-crypto-shorts-in-15-minutes</link><guid>858283</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitcoins-bounce-to-64000-wipes-out-320-million-in-crypto-shorts-in-15-minutes2_nwmk-768x432.jpg</dc:content ><dc:text>Bitcoin’s Bounce to $64,000 Wipes out $320 Million in Crypto Shorts in 15 Minutes</dc:text></item><item><title>CME is letting traders bet on bitcoin volatility, not price, and two firms have already placed bets - CoinDesk</title><description><![CDATA[CME is letting traders bet on bitcoin volatility, not price, and two firms have already placed bets& & CoinDesk]]></description><link>https://coinsnews.com/cme-is-letting-traders-bet-on-bitcoin-volatility-not-price-and-two-firms-have-already-placed-bets-coindesk</link><guid>858323</guid><author>COINS NEWS</author><dc:content /><dc:text>CME is letting traders bet on bitcoin volatility, not price, and two firms have already placed bets - CoinDesk</dc:text></item><item><title>CME Is Letting Traders Bet on Bitcoin Volatility, Not Price, and Two Firms Have Already Placed Bets - Moomoo</title><description><![CDATA[CME Is Letting Traders Bet on Bitcoin Volatility, Not Price, and Two Firms Have Already Placed Bets& & Moomoo]]></description><link>https://coinsnews.com/cme-is-letting-traders-bet-on-bitcoin-volatility-not-price-and-two-firms-have-already-placed-bets-moomoo</link><guid>858337</guid><author>COINS NEWS</author><dc:content /><dc:text>CME Is Letting Traders Bet on Bitcoin Volatility, Not Price, and Two Firms Have Already Placed Bets - Moomoo</dc:text></item><item><title>Michael Saylor Hints At Potential Bitcoin Acquisition As Strategy CEO Reaffirms Commitment To Grow BTC Holdings - Benzinga</title><description><![CDATA[Michael Saylor Hints At Potential Bitcoin Acquisition As Strategy CEO Reaffirms Commitment To Grow BTC Holdings& & Benzinga]]></description><link>https://coinsnews.com/michael-saylor-hints-at-potential-bitcoin-acquisition-as-strategy-ceo-reaffirms-commitment-to-grow-btc-holdings-benzinga</link><guid>858343</guid><author>COINS NEWS</author><dc:content /><dc:text>Michael Saylor Hints At Potential Bitcoin Acquisition As Strategy CEO Reaffirms Commitment To Grow BTC Holdings - Benzinga</dc:text></item><item><title>How to run Bitcoin Core as a production RPC Node? [closed]</title><description><![CDATA[]]></description><link>https://coinsnews.com/how-to-run-bitcoin-core-as-a-production-rpc-node-closed</link><guid>858396</guid><author>COINS NEWS</author><dc:content /><dc:text>How to run Bitcoin Core as a production RPC Node? [closed]</dc:text></item><item><title>How to run Bitcoin Core as a production RPC Node?</title><description><![CDATA[]]></description><link>https://coinsnews.com/how-to-run-bitcoin-core-as-a-production-rpc-node</link><guid>858295</guid><author>COINS NEWS</author><dc:content /><dc:text>How to run Bitcoin Core as a production RPC Node?</dc:text></item><item><title>Bitcoin rebounds above $63k but remains frail amid ETF outflows, Iran tensions - Investing.com</title><description><![CDATA[Bitcoin rebounds above $63k but remains frail amid ETF outflows, Iran tensions& & Investing.com]]></description><link>https://coinsnews.com/bitcoin-rebounds-above-63k-but-remains-frail-amid-etf-outflows-iran-tensions-investingcom</link><guid>858472</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin rebounds above $63k but remains frail amid ETF outflows, Iran tensions - Investing.com</dc:text></item><item><title>From 'add more dots' to '32?': Strategy’s Michael Saylor fuels fresh bitcoin-buy speculations (MSTR:NASDAQ) - Seeking Alpha</title><description><![CDATA[From 'add more dots' to '32?': Strategy’s Michael Saylor fuels fresh bitcoin-buy speculations (MSTR:NASDAQ)& & Seeking Alpha]]></description><link>https://coinsnews.com/from-add-more-dots-to-32-strategys-michael-saylor-fuels-fresh-bitcoin-buy-speculations-mstrnasdaq-seeking-alpha</link><guid>858340</guid><author>COINS NEWS</author><dc:content /><dc:text>From 'add more dots' to '32?': Strategy’s Michael Saylor fuels fresh bitcoin-buy speculations (MSTR:NASDAQ) - Seeking Alpha</dc:text></item><item><title>How Likely Was Zcash Exploited? Grayscale CLO Points To On-Chain Odds</title><description><![CDATA[Grayscale Chief Legal Officer Craig Salm has suggested that Zcash’s own shielded user base may be offering a more meaningful signal on exploit risk than external prediction markets. His comments came after Polymarket opened a market on whether Zcash’s Orchard pool vulnerability, publicized on June 4, is ultimately confirmed to have been exploited on mainnet.
The Polymarket contract, opened on June 5, currently shows a 10% chance of confirmation, with $14,306 in volume. The market asks whether the Orchard pool vulnerability was exploited before it was fixed, with resolution dependent on explicit confirmation from Shielded Labs, the Zcash Foundation, or the Zcash Open Development Lab, known as ZODL. It can also resolve “Yes” if there is an overwhelming consensus of credible reporting that a qualifying exploit occurred.
How Likely Was Zcash Exploited?
Salm’s argument was not that the Polymarket odds are wrong. Rather, he pointed to a different group of participants with a much more direct financial incentive to assess the risk: users who still hold funds inside the Orchard pool.
“Perhaps a better ‘prediction market’ is the Zcash Orchard pool itself,” Salm wrote on X. “These are the users with potentially billions of dollars at stake in whether the vulnerability was exploited, since they’re most directly affected if excess ZEC claims exist in Orchard and the turnstile limit is reached. Yet Orchard balances appear to have declined by only ~5% since the exploit was disclosed, which may also simply reflect users preparing to move to a new shielded pool.”
That framing shifts attention away from prediction-market pricing and toward observed user behavior. If Orchard users believed there was a high probability that invalid or unbacked ZEC had been created inside the pool, the economic incentive to exit would be substantial. Instead, according to Salm, balances appear to have fallen by only around 5% since disclosure.
He cautioned, however, that the data does not prove the vulnerability was unexploited. “Not proof of anything, but an interesting signal from the users with strong economic incentive to assess the risk correctly,” he added.
Notably, Polymarket market is not simply asking whether a serious bug existed. Its rules are narrower. A “Yes” outcome requires confirmation that the June 4 Orchard vulnerability was exploited on Zcash mainnet before the fix was activated by December 31, 2026, at 11:59 p.m. ET. Qualifying evidence includes confirmation that the bug was exploited, that extra or unauthorized ZEC was created through the vulnerability, or that a future upgrade, migration, audit, turnstile-accounting process, or official investigation reveals excess or invalid ZEC attributable to this specific issue.
New or separate exploits after the original vulnerability was fixed are explicitly excluded. That means the market is effectively pricing the odds of a specific historical exploit being confirmed by official sources or broad credible reporting, not the broader question of whether Zcash faces future shielded-pool risk.
Additional on-chain commentary from CipherScan pointed in a similar direction. The analytics account said 380,000 ZEC had been deshielded, but argued that the headline number overstated actual exit pressure. According to CipherScan, only half of the deshielded amount had moved, while 45% remained parked at transparent addresses.“
Only 21% of the deshielded ZEC actually left Zcash,” CipherScan wrote, putting that figure at 82,000 ZEC, or 1.6% of the shielded pool and 0.5% of total supply. It also said 47,000 ZEC went to exchanges, describing that as “the total sell pressure from Orchard holders,” equal to 0.28% of supply against a reported $6.7 billion market capitalization.
CipherScan also noted that roughly 118,000 ZEC was shielded during the same period, arguing that even during peak concern, some users were still moving into shielded balances rather than only exiting them. “Holders parked. They didn’t panic,” the account wrote. “The selling was traders who were already on exchanges. Security is hardened and will be even more so.”
At press time, ZEC traded at $425.
]]></description><link>https://coinsnews.com/how-likely-was-zcash-exploited-grayscale-clo-points-to-on-chain-odds</link><guid>858275</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/ZECUSDT_2026-06-08_08-10-29.png?resize=1024%2C502</dc:content ><dc:text>How Likely Was Zcash Exploited? Grayscale CLO Points To On-Chain Odds</dc:text></item><item><title>Strategy is back to buying bitcoins - MarketWatch</title><description><![CDATA[Strategy is back to buying bitcoins& & MarketWatch]]></description><link>https://coinsnews.com/strategy-is-back-to-buying-bitcoins-marketwatch</link><guid>858303</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy is back to buying bitcoins - MarketWatch</dc:text></item><item><title>Bitcoin Surges 5% to $64K, Settles Near $62.5K as Trump Says Netanyahu Must Accept Iran Deal</title><description><![CDATA[Bitcoin climbed roughly 5% to around $64,000 on Sunday after U.S. President Donald Trump said Israeli Prime Minister Benjamin Netanyahu will have “no choice” but to accept a U.S.-brokered deal with Iran. Trump Says the Deal Is ‘Almost Complete’ The rally followed remarks in which Trump framed the agreement as a near-certainty and signaled he [&#8230;]]]></description><link>https://coinsnews.com/bitcoin-surges-5-to-64k-settles-near-625k-as-trump-says-netanyahu-must-accept-iran-deal</link><guid>858284</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitcoin-surges-5-to-64k-settles-near-62-5k-as-trump-says-netanyahu-must-accept-iran-deal_nwmk-768x432.jpg</dc:content ><dc:text>Bitcoin Surges 5% to $64K, Settles Near $62.5K as Trump Says Netanyahu Must Accept Iran Deal</dc:text></item><item><title>Morgan Stanley’s Galaxy deal points to Bitcoin’s next institutional test: lending collateral - CryptoSlate</title><description><![CDATA[Morgan Stanley’s Galaxy deal points to Bitcoin’s next institutional test: lending collateral& & CryptoSlate]]></description><link>https://coinsnews.com/morgan-stanleys-galaxy-deal-points-to-bitcoins-next-institutional-test-lending-collateral-cryptoslate</link><guid>858331</guid><author>COINS NEWS</author><dc:content /><dc:text>Morgan Stanley’s Galaxy deal points to Bitcoin’s next institutional test: lending collateral - CryptoSlate</dc:text></item><item><title>Bitcoin recovers to $63k but remains frail amid ETF outflows, Iran tensions - Investing.com</title><description><![CDATA[Bitcoin recovers to $63k but remains frail amid ETF outflows, Iran tensions& & Investing.com]]></description><link>https://coinsnews.com/bitcoin-recovers-to-63k-but-remains-frail-amid-etf-outflows-iran-tensions-investingcom</link><guid>858327</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin recovers to $63k but remains frail amid ETF outflows, Iran tensions - Investing.com</dc:text></item><item><title>Fed Rate Hike Odds Just Hit 68%, Is Kevin Warsh Now Bitcoin’s Biggest Problem? - Yahoo Finance</title><description><![CDATA[Fed Rate Hike Odds Just Hit 68%, Is Kevin Warsh Now Bitcoin’s Biggest Problem?& & Yahoo Finance]]></description><link>https://coinsnews.com/fed-rate-hike-odds-just-hit-68-is-kevin-warsh-now-bitcoins-biggest-problem-yahoo-finance</link><guid>858428</guid><author>COINS NEWS</author><dc:content /><dc:text>Fed Rate Hike Odds Just Hit 68%, Is Kevin Warsh Now Bitcoin’s Biggest Problem? - Yahoo Finance</dc:text></item><item><title>This Week in Crypto Law (May 30, 2026)</title><description><![CDATA[Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. This Week in Crypto Law The opinion editorial below was written by Alex Forehand and Michael Handelsman for Kelman.Law. The final week of May illustrated a defining trend [&#8230;]]]></description><link>https://coinsnews.com/this-week-in-crypto-law-may-30-2026</link><guid>858285</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/this-week-in-crypto-law-may-30-2026_nwmk-768x432.png</dc:content ><dc:text>This Week in Crypto Law (May 30, 2026)</dc:text></item><item><title>Bitcoin battles $63,400 resistance: Live hourly levels - Investing.com</title><description><![CDATA[Bitcoin battles $63,400 resistance: Live hourly levels& & Investing.com]]></description><link>https://coinsnews.com/bitcoin-battles-63400-resistance-live-hourly-levels-investingcom</link><guid>858304</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin battles $63,400 resistance: Live hourly levels - Investing.com</dc:text></item><item><title>Ethereum Loses Second Place To Tether’s USDT As Bitcoin Crashed Below $60,000</title><description><![CDATA[Following the Bitcoin price crash below $60,000, Ethereum followed suit, dropping toward $1,500 in the same candle. This move triggered a development that has not happened in a long time, as ETH lost its second-place position in the top 10 cryptocurrencies by market cap.
Tether’s USDT Coming For Ethereum’s Crown
For the longest time, Ethereum has been able to maintain its stronghold on the second position on the list of largest cryptocurrencies by market cap, even through brutal bear markets. But last week’s crash changed something as another cryptocurrency was able to take this position, even for a short time.
According to data, as the Ethereum price plunged toward $1,500, its market cap fell behind that of Tether’s USDT. The stablecoin was able to briefly hold second place as it remained above $186 billion, while ETH&#8217;s market cap dropped below.
This wasn’t for long as the recovery saw ETH reclaim its position shortly after. However, this move has shown the perilous position that Ethereum is in as its price has struggled in the market. Even now, USDT remains hot on Ethereum’s heels, with less than $15 billion being the difference between their market caps. Also, the likes of BNB and XRP have previously been said to be potential future threats to ETH&#8217;s crown.
Another Loss For ETH Toward Rivals
Not only did the Ethereum market cap fall below that of Tether’s USDT, but there is also the fact that its trading volume is being surpassed by a rival. According to an X post shared by crypto analyst Diana, the Bitcoin and Ethereum trading volumes were surpassed by XRP on the Upbeat crypto exchange.
This move suggests the movement of investors toward other investments as the market leaders continue to struggle. It is also happening during a time of large sell-offs, as liquidity continues to be drained from the crypto market at staggering rates.
The Ethereum price has since recovered above $1,600 as Bitcoin reclaimed $62,000. However, the hold on the support remains shaky, especially as the market opens up for another trading week on Monday.
]]></description><link>https://coinsnews.com/ethereum-loses-second-place-to-tethers-usdt-as-bitcoin-crashed-below-60000</link><guid>858276</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/Screenshot-2026-06-07-at-19.10.15-Large.jpeg?w=640&amp;#038;resize=640%2C331</dc:content ><dc:text>Ethereum Loses Second Place To Tether’s USDT As Bitcoin Crashed Below $60,000</dc:text></item><item><title>BTC news: Bitcoin's rebound triggers the most short liquidations since late April - CoinDesk</title><description><![CDATA[BTC news: Bitcoin's rebound triggers the most short liquidations since late April& & CoinDesk]]></description><link>https://coinsnews.com/btc-news-bitcoins-rebound-triggers-the-most-short-liquidations-since-late-april-coindesk</link><guid>858314</guid><author>COINS NEWS</author><dc:content /><dc:text>BTC news: Bitcoin's rebound triggers the most short liquidations since late April - CoinDesk</dc:text></item><item><title>The Single Skill Warren Buffett Looks for in His Best Employees</title><description><![CDATA[Warren Buffett calls communication “extremely important” to maximizing potential, recalling how he pushed past public-speaking fears in his early 20s and urging constant improvement as he readied retirement in late 2025. Jeff Bezos likewise stresses rigorous writing, asking new hires for clear, structured memos with strong verbs and thematic paragraphs. Warren Buffett didn’t pad his [&#8230;]]]></description><link>https://coinsnews.com/the-single-skill-warren-buffett-looks-for-in-his-best-employees</link><guid>858286</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/the-single-skill-warren-buffett-looks-for-in-his-best-employees-768x432.png</dc:content ><dc:text>The Single Skill Warren Buffett Looks for in His Best Employees</dc:text></item><item><title>Has Strategy lost its nerve? - Financial Times</title><description><![CDATA[Has Strategy lost its nerve?& & Financial Times]]></description><link>https://coinsnews.com/has-strategy-lost-its-nerve-financial-times</link><guid>858246</guid><author>COINS NEWS</author><dc:content /><dc:text>Has Strategy lost its nerve? - Financial Times</dc:text></item><item><title>Bitcoin, Power Projection, and the Indo Pacific: Reading Admiral Paparo’s Intervention - SLDinfo.com</title><description><![CDATA[Bitcoin, Power Projection, and the Indo Pacific: Reading Admiral Paparo’s Intervention& & SLDinfo.com]]></description><link>https://coinsnews.com/bitcoin-power-projection-and-the-indo-pacific-reading-admiral-paparos-intervention-sldinfocom</link><guid>858306</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin, Power Projection, and the Indo Pacific: Reading Admiral Paparo’s Intervention - SLDinfo.com</dc:text></item><item><title>US mortgage system to count Bitcoin as asset without requiring sale, easing home buying for crypto holders. - Pluang</title><description><![CDATA[US mortgage system to count Bitcoin as asset without requiring sale, easing home buying for crypto holders.& & Pluang]]></description><link>https://coinsnews.com/us-mortgage-system-to-count-bitcoin-as-asset-without-requiring-sale-easing-home-buying-for-crypto-holders-pluang</link><guid>858265</guid><author>COINS NEWS</author><dc:content /><dc:text>US mortgage system to count Bitcoin as asset without requiring sale, easing home buying for crypto holders. - Pluang</dc:text></item><item><title>Bank of Israel Buys $801 Million in Rare Market Intervention to Halt the Shekel’s Surge</title><description><![CDATA[The Bank of Israel purchased $801 million in May to stop the shekel from rising as the currency reached one of its strongest exchange rates against the U.S. dollar. Even so, the currency terminated May with its value rising by 4.6%. Israel’s Shekel Hits New Highs Even As Bank Of Israel Intervenes in FX Markets [&#8230;]]]></description><link>https://coinsnews.com/bank-of-israel-buys-801-million-in-rare-market-intervention-to-halt-the-shekels-surge</link><guid>858234</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bankofisrael_nwmk-768x432.jpg</dc:content ><dc:text>Bank of Israel Buys $801 Million in Rare Market Intervention to Halt the Shekel’s Surge</dc:text></item><item><title>Bitcoin drops below $60,000 for first time since October 2024 - TradingView</title><description><![CDATA[Bitcoin drops below $60,000 for first time since October 2024& & TradingView]]></description><link>https://coinsnews.com/bitcoin-drops-below-60000-for-first-time-since-october-2024-tradingview</link><guid>858259</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin drops below $60,000 for first time since October 2024 - TradingView</dc:text></item><item><title>Bitcoin Price Jumped 5% as Trump Tells Israel “I Call the Shots” - BeInCrypto</title><description><![CDATA[Bitcoin Price Jumped 5% as Trump Tells Israel “I Call the Shots”& & BeInCrypto]]></description><link>https://coinsnews.com/bitcoin-price-jumped-5-as-trump-tells-israel-i-call-the-shots-beincrypto</link><guid>858256</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Price Jumped 5% as Trump Tells Israel “I Call the Shots” - BeInCrypto</dc:text></item><item><title>Bitcoin falls back below $63,000 as Iran-Israel trade strikes and Korean stocks crash - CoinDesk</title><description><![CDATA[Bitcoin falls back below $63,000 as Iran-Israel trade strikes and Korean stocks crash& & CoinDesk]]></description><link>https://coinsnews.com/bitcoin-falls-back-below-63000-as-iran-israel-trade-strikes-and-korean-stocks-crash-coindesk</link><guid>858245</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin falls back below $63,000 as Iran-Israel trade strikes and Korean stocks crash - CoinDesk</dc:text></item><item><title>Bitcoin drops below $60,000 for first time since 2024 election - Crypto Briefing</title><description><![CDATA[Bitcoin drops below $60,000 for first time since 2024 election& & Crypto Briefing]]></description><link>https://coinsnews.com/bitcoin-drops-below-60000-for-first-time-since-2024-election-crypto-briefing</link><guid>858252</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin drops below $60,000 for first time since 2024 election - Crypto Briefing</dc:text></item><item><title>Bitcoin Steadies After $60,000 Breach as Saylor Hints at Buying - Bloomberg.com</title><description><![CDATA[Bitcoin Steadies After $60,000 Breach as Saylor Hints at Buying& & Bloomberg.com]]></description><link>https://coinsnews.com/bitcoin-steadies-after-60000-breach-as-saylor-hints-at-buying-bloombergcom</link><guid>858248</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Steadies After $60,000 Breach as Saylor Hints at Buying - Bloomberg.com</dc:text></item><item><title>Bitcoin Rises as Investors Focus on Long-Term Demand Drivers -- Market Talk - Moomoo</title><description><![CDATA[Bitcoin Rises as Investors Focus on Long-Term Demand Drivers -- Market Talk& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-rises-as-investors-focus-on-long-term-demand-drivers-market-talk-moomoo</link><guid>858247</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Rises as Investors Focus on Long-Term Demand Drivers -- Market Talk - Moomoo</dc:text></item><item><title>Bitcoin ETFs Lost $4.3B in Assets Since Mid-May. That May Be the Point - The Daily Upside</title><description><![CDATA[Bitcoin ETFs Lost $4.3B in Assets Since Mid-May. That May Be the Point& & The Daily Upside]]></description><link>https://coinsnews.com/bitcoin-etfs-lost-43b-in-assets-since-mid-may-that-may-be-the-point-the-daily-upside</link><guid>858254</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin ETFs Lost $4.3B in Assets Since Mid-May. That May Be the Point - The Daily Upside</dc:text></item><item><title>June 8: OPINION: Morton Marcus: I’d prefer cash or Bitcoin - Fort Wayne Business Weekly</title><description><![CDATA[June 8: OPINION: Morton Marcus: I’d prefer cash or Bitcoin& & Fort Wayne Business Weekly]]></description><link>https://coinsnews.com/june-8-opinion-morton-marcus-id-prefer-cash-or-bitcoin-fort-wayne-business-weekly</link><guid>858262</guid><author>COINS NEWS</author><dc:content /><dc:text>June 8: OPINION: Morton Marcus: I’d prefer cash or Bitcoin - Fort Wayne Business Weekly</dc:text></item><item><title>BitMEX CEO Says Regulation Opens Doors but Liquidity Still Decides Winners</title><description><![CDATA[The violent liquidation event on Oct. 10, 2025, was less about price action and more of a diagnostic test exposing the systemic risks of crypto’s deep structural fragmentation across centralized, decentralized, and disjointed collateral systems. Systemic Risk and Market Fragmentation When crypto markets suffer violent liquidations, public attention centers on headline numbers—billions wiped from open [&#8230;]]]></description><link>https://coinsnews.com/bitmex-ceo-says-regulation-opens-doors-but-liquidity-still-decides-winners</link><guid>858235</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitmex-ceo-says-regulation-opens-doors-but-liquidity-still-decides-winners_nwmk-768x432.png</dc:content ><dc:text>BitMEX CEO Says Regulation Opens Doors but Liquidity Still Decides Winners</dc:text></item><item><title>Bitcoin’s 4-year cycle questioned as market shifts; trader flips from shorts to max-leverage longs on BTC and ETH. - Pluang</title><description><![CDATA[Bitcoin’s 4-year cycle questioned as market shifts; trader flips from shorts to max-leverage longs on BTC and ETH.& & Pluang]]></description><link>https://coinsnews.com/bitcoins-4-year-cycle-questioned-as-market-shifts-trader-flips-from-shorts-to-max-leverage-longs-on-btc-and-eth-pluang</link><guid>858264</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin’s 4-year cycle questioned as market shifts; trader flips from shorts to max-leverage longs on BTC and ETH. - Pluang</dc:text></item><item><title>Bitcoin reclaims $63,000 in 'oversold relief rally'; South Korea's KOSPI plunges 8% - The Block</title><description><![CDATA[Bitcoin reclaims $63,000 in 'oversold relief rally'; South Korea's KOSPI plunges 8%& & The Block]]></description><link>https://coinsnews.com/bitcoin-reclaims-63000-in-oversold-relief-rally-south-koreas-kospi-plunges-8-the-block</link><guid>858251</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin reclaims $63,000 in 'oversold relief rally'; South Korea's KOSPI plunges 8% - The Block</dc:text></item><item><title>Bitcoin Retraces as Israel Strikes Iran Despite US President Trump’s Call for Restraint - Yahoo Finance</title><description><![CDATA[Bitcoin Retraces as Israel Strikes Iran Despite US President Trump’s Call for Restraint& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-retraces-as-israel-strikes-iran-despite-us-president-trumps-call-for-restraint-yahoo-finance</link><guid>858342</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Retraces as Israel Strikes Iran Despite US President Trump’s Call for Restraint - Yahoo Finance</dc:text></item><item><title>‘Bitcoin isn’t dead’ – Novogratz weighs in as BTC rebounds to $62K - AMBCrypto</title><description><![CDATA[‘Bitcoin isn’t dead’ – Novogratz weighs in as BTC rebounds to $62K& & AMBCrypto]]></description><link>https://coinsnews.com/bitcoin-isnt-dead-novogratz-weighs-in-as-btc-rebounds-to-62k-ambcrypto</link><guid>858255</guid><author>COINS NEWS</author><dc:content /><dc:text>‘Bitcoin isn’t dead’ – Novogratz weighs in as BTC rebounds to $62K - AMBCrypto</dc:text></item><item><title>Bitcoin Drop Tests Retail Investor Strength - Moomoo</title><description><![CDATA[Bitcoin Drop Tests Retail Investor Strength& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-drop-tests-retail-investor-strength-moomoo</link><guid>858253</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Drop Tests Retail Investor Strength - Moomoo</dc:text></item><item><title>Grayscale Warns Strategy May Struggle to Keep Buying Bitcoin</title><description><![CDATA[Strategy’s bitcoin buying model is facing new scrutiny after Grayscale warned that current share prices could limit future accumulation. The concern followed a bitcoin sale, STRC dividend pressure, and questions over whether Strategy can keep funding purchases without stronger investor demand. Grayscale Flags Rising Risks to Strategy’s Bitcoin Accumulation Machine Strategy’s bitcoin strategy is facing [&#8230;]]]></description><link>https://coinsnews.com/grayscale-warns-strategy-may-struggle-to-keep-buying-bitcoin</link><guid>858236</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/grayscale-strategy-struggles-to-buy-more-btc_nwmk-768x432.jpg</dc:content ><dc:text>Grayscale Warns Strategy May Struggle to Keep Buying Bitcoin</dc:text></item><item><title>Satoshi-era Bitcoin wallet moves 15 BTC after 14 years of silence, complicating a $285 billion lawsuit - Crypto Briefing</title><description><![CDATA[Satoshi-era Bitcoin wallet moves 15 BTC after 14 years of silence, complicating a $285 billion lawsuit& & Crypto Briefing]]></description><link>https://coinsnews.com/satoshi-era-bitcoin-wallet-moves-15-btc-after-14-years-of-silence-complicating-a-285-billion-lawsuit-crypto-briefing</link><guid>858263</guid><author>COINS NEWS</author><dc:content /><dc:text>Satoshi-era Bitcoin wallet moves 15 BTC after 14 years of silence, complicating a $285 billion lawsuit - Crypto Briefing</dc:text></item><item><title>Bitcoin analysis as the futures market opens, post Friday's crash - investingLive</title><description><![CDATA[Bitcoin analysis as the futures market opens, post Friday's crash& & investingLive]]></description><link>https://coinsnews.com/bitcoin-analysis-as-the-futures-market-opens-post-fridays-crash-investinglive</link><guid>858260</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin analysis as the futures market opens, post Friday's crash - investingLive</dc:text></item><item><title>Bitcoin, Ethereum, XRP, Dogecoin Spring Back Even As Iran And Israel Exchange Strikes: Analyst Sees Increasing Possibility Of BTC Bottom - Yahoo Finance Singapore</title><description><![CDATA[Bitcoin, Ethereum, XRP, Dogecoin Spring Back Even As Iran And Israel Exchange Strikes: Analyst Sees Increasing Possibility Of BTC Bottom& & Yahoo Finance Singapore]]></description><link>https://coinsnews.com/bitcoin-ethereum-xrp-dogecoin-spring-back-even-as-iran-and-israel-exchange-strikes-analyst-sees-increasing-possibility-of-btc-bottom-yahoo-finance-singapore</link><guid>858335</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin, Ethereum, XRP, Dogecoin Spring Back Even As Iran And Israel Exchange Strikes: Analyst Sees Increasing Possibility Of BTC Bottom - Yahoo Finance Singapore</dc:text></item><item><title>1,878 BTC Moves Onchain as Noah Doe’s Declaratory Judgment Bid Unravels</title><description><![CDATA[After a judge halted a default judgment Friday in the New York Supreme Court case Noah Doe v. John Does 1-39,069, several onchain wallets linked to the litigation have sprung into motion. On Sunday, Galaxy Research identified a wallet dormant since 2019 that transferred 1,878.5711 BTC, valued at $114.16 million, marking its first activity in [&#8230;]]]></description><link>https://coinsnews.com/1878-btc-moves-onchain-as-noah-does-declaratory-judgment-bid-unravels</link><guid>858237</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/1878-btc-moves-onchain-as-noah-does-declaratory-judgment-bid-unravels_nwmk-768x432.png</dc:content ><dc:text>1,878 BTC Moves Onchain as Noah Doe’s Declaratory Judgment Bid Unravels</dc:text></item><item><title>HYPE ETFs Gain Traction as Bitcoin Market Cools - PYMNTS.com</title><description><![CDATA[HYPE ETFs Gain Traction as Bitcoin Market Cools& & PYMNTS.com]]></description><link>https://coinsnews.com/hype-etfs-gain-traction-as-bitcoin-market-cools-pymntscom</link><guid>858249</guid><author>COINS NEWS</author><dc:content /><dc:text>HYPE ETFs Gain Traction as Bitcoin Market Cools - PYMNTS.com</dc:text></item><item><title>Strategy’s $100 peg breaks – Is Bitcoin losing its biggest demand driver? - AMBCrypto</title><description><![CDATA[Strategy’s $100 peg breaks – Is Bitcoin losing its biggest demand driver?& & AMBCrypto]]></description><link>https://coinsnews.com/strategys-100-peg-breaks-is-bitcoin-losing-its-biggest-demand-driver-ambcrypto</link><guid>858258</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy’s $100 peg breaks – Is Bitcoin losing its biggest demand driver? - AMBCrypto</dc:text></item><item><title>Assessing Fannie Mae (OTCPK:FNMA) Valuation After Launch Of Bitcoin Collateral Mortgage Product - simplywall.st</title><description><![CDATA[Assessing Fannie Mae (OTCPK:FNMA) Valuation After Launch Of Bitcoin Collateral Mortgage Product& & simplywall.st]]></description><link>https://coinsnews.com/assessing-fannie-mae-otcpkfnma-valuation-after-launch-of-bitcoin-collateral-mortgage-product-simplywallst</link><guid>858261</guid><author>COINS NEWS</author><dc:content /><dc:text>Assessing Fannie Mae (OTCPK:FNMA) Valuation After Launch Of Bitcoin Collateral Mortgage Product - simplywall.st</dc:text></item><item><title>XRP Utility Moves Beyond Payments as XRPL Eyes Tokenized Stocks, Funds, Loans</title><description><![CDATA[Ripple CTO Emeritus David Schwartz said XRP utility is expanding as the XRP Ledger supports issued assets, tokenized real-world assets, and a growing range of financial products such as securities, funds, repos, and loans. ‘ XRP in a Minute’ Shows How XRPL Is Moving Beyond Basic Transfers Ripple published a new “ XRP in a [&#8230;]]]></description><link>https://coinsnews.com/xrp-utility-moves-beyond-payments-as-xrpl-eyes-tokenized-stocks-funds-loans</link><guid>858238</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/xrp-expanding-utility_nwmk-768x432.jpg</dc:content ><dc:text>XRP Utility Moves Beyond Payments as XRPL Eyes Tokenized Stocks, Funds, Loans</dc:text></item><item><title>Bitcoin tests $63,450 resistance: Live hourly levels - Investing.com</title><description><![CDATA[Bitcoin tests $63,450 resistance: Live hourly levels& & Investing.com]]></description><link>https://coinsnews.com/bitcoin-tests-63450-resistance-live-hourly-levels-investingcom</link><guid>858442</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin tests $63,450 resistance: Live hourly levels - Investing.com</dc:text></item><item><title>Bitcoin tests $63,970 resistance in V-shaped rally: Live levels - Investing.com</title><description><![CDATA[Bitcoin tests $63,970 resistance in V-shaped rally: Live levels& & Investing.com]]></description><link>https://coinsnews.com/bitcoin-tests-63970-resistance-in-v-shaped-rally-live-levels-investingcom</link><guid>858195</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin tests $63,970 resistance in V-shaped rally: Live levels - Investing.com</dc:text></item><item><title>Crypto Moves Into The Mainstream Of Vietnam’s Digital Economy</title><description><![CDATA[Vietnam is planning to require that all domestic crypto trading — including transactions in Bitcoin, Ethereum, and stablecoins like USDT and USDC — be settled in Vietnamese dong, a rule that would effectively bar dollar-paired trades on licensed platforms.
All Eyes On Licensing
The requirement came out of a conference held in Hanoi on Friday, where officials from the State Securities Commission, the State Bank of Vietnam, and the Ministry of Public Security gathered alongside banks, securities firms, and blockchain industry groups to discuss the country&#8217;s path toward formal crypto regulation.
Officials said all trading would eventually have to go through licensed virtual asset service providers, though investors would still be allowed to keep assets in personal wallets. Foreign investors would be permitted to open accounts and take part in the market, while domestic participation would initially be limited to those already holding crypto assets.
Bui Hoang Hai, vice chairman of the State Securities Commission, said Vietnam is in a critical phase of building a legal framework for digital finance, including a pilot program for crypto-asset trading platforms under Government Resolution No. 05/2025/NQ-CP.
He said the country has a real opportunity to pull in international capital, open up new business models, and strengthen its position in the regional fintech space — but only if the market is built on transparent rules, sound risk management, and strong protections for investors.
A Market Already In Motion
Vietnam is not starting from zero. Data from the conference puts the country at seventh globally in the number of crypto users and fifth in transaction growth. In the Asia-Pacific region, digital asset transaction values climbed to around $2.4 trillion as of June 2025, according to Phan Duc Trung, chairman of the Vietnam Blockchain Association.
He also pointed to the rise of Bitcoin exchange-traded funds as a sign that the market is drawing in more traditional investors — BlackRock alone is currently managing around $67 billion in Bitcoin ETF assets.
Chris Chiew, a senior advisor at CAEX, told the conference that tokenization of real-world assets could widen access to investments by allowing large-value holdings in real estate, infrastructure, and commodities to be divided into smaller digital units and traded more easily.
He said potential assets for tokenization include gold, industrial facilities, data centers, energy projects, and port systems. Global tokenized asset markets could reach $19 trillion by 2033, with Vietnam&#8217;s share projected at between $70 billion and $80 billion by 2030, based on industry figures presented at the conference.
Featured image from Unsplash, chart from TradingView
]]></description><link>https://coinsnews.com/crypto-moves-into-the-mainstream-of-vietnams-digital-economy</link><guid>858227</guid><author>COINS NEWS</author><dc:content /><dc:text>Crypto Moves Into The Mainstream Of Vietnam’s Digital Economy</dc:text></item><item><title>Bitcoin is failing as both a safe haven and a tech trade - EnterpriseAM</title><description><![CDATA[Bitcoin is failing as both a safe haven and a tech trade& & EnterpriseAM]]></description><link>https://coinsnews.com/bitcoin-is-failing-as-both-a-safe-haven-and-a-tech-trade-enterpriseam</link><guid>858267</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin is failing as both a safe haven and a tech trade - EnterpriseAM</dc:text></item><item><title>25 Lesser-Known Facts About Satoshi Nakamoto Drawn From Emails, Code, and Metadata</title><description><![CDATA[Researchers have spent more than 15 years picking apart Satoshi Nakamoto’s emails, code commits, and PDF metadata, and what they found rarely surfaces in mainstream coverage. Researchers have combed through white paper PDF metadata, source code commits, private emails, forum archives, and blockchain data to build a picture of Bitcoin’s creator that goes well beyond [&#8230;]]]></description><link>https://coinsnews.com/25-lesser-known-facts-about-satoshi-nakamoto-drawn-from-emails-code-and-metadata</link><guid>858239</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/25-lesser-known-facts-about-satoshi-nakamoto-drawn-from-emails-code-and-metadata_nwmk-768x432.png</dc:content ><dc:text>25 Lesser-Known Facts About Satoshi Nakamoto Drawn From Emails, Code, and Metadata</dc:text></item><item><title>Crypto World Braces for Failures as Bitcoin Falls Below $60K - PYMNTS.com</title><description><![CDATA[Crypto World Braces for Failures as Bitcoin Falls Below $60K& & PYMNTS.com]]></description><link>https://coinsnews.com/crypto-world-braces-for-failures-as-bitcoin-falls-below-60k-pymntscom</link><guid>858190</guid><author>COINS NEWS</author><dc:content /><dc:text>Crypto World Braces for Failures as Bitcoin Falls Below $60K - PYMNTS.com</dc:text></item><item><title>Expert Flags Bitcoin’s First Hashrate Bear Market as Network Sheds 145 EH/s</title><description><![CDATA[With bitcoin prices sliding to levels not witnessed since February, the network’s hashrate has undergone a steep contraction, with 145 exahash per second (EH/s) exiting the system since the close of May. Hashprice Falls 27% in 30 Days as Miner Revenue Tightens Bitcoin’s computational strength has retreated notably since May 28, 2026, when the network [&#8230;]]]></description><link>https://coinsnews.com/expert-flags-bitcoins-first-hashrate-bear-market-as-network-sheds-145-ehs</link><guid>858161</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/expert-flags-bitcoins-first-hashrate-bear-market-as-network-sheds-145-ehs_nwmk-768x432.png</dc:content ><dc:text>Expert Flags Bitcoin’s First Hashrate Bear Market as Network Sheds 145 EH/s</dc:text></item><item><title>Tesla Bitcoin Hit Versus China Growth Puts Focus On Core Value - Yahoo Finance</title><description><![CDATA[Tesla Bitcoin Hit Versus China Growth Puts Focus On Core Value& & Yahoo Finance]]></description><link>https://coinsnews.com/tesla-bitcoin-hit-versus-china-growth-puts-focus-on-core-value-yahoo-finance</link><guid>858192</guid><author>COINS NEWS</author><dc:content /><dc:text>Tesla Bitcoin Hit Versus China Growth Puts Focus On Core Value - Yahoo Finance</dc:text></item><item><title>Joseph Lubin-Linked Wallet Ignites Ethereum Dump Fears After $121M ETH Transfer</title><description><![CDATA[A wallet linked to one of Ethereum&#8217;s co-founders has moved more than $121 million worth of ETH for the first time in over three years, and it could not have come at a worse time for market sentiment. The transfer comes at a sensitive moment for ETH, which reacted by falling to a yearly low of $1,537 in the past 24 hours before recovering slightly back above $1,640 at the time of writing.
Joseph Lubin-Linked Wallet Moves 80,001 ETH After Three Years
Blockchain analytics platform Lookonchain flagged a notable transfer on June 6, noting that a wallet associated with Joseph Lubin, the co-founder of Ethereum and chief executive of Consensys, moved 80,001 ETH valued at $121.6 million following more than three years of complete dormancy. 
Before Lookonchain highlighted the activity, the wallet held 243,300 ETH worth around $370 million. However, the movement did not stop with the initial 80,001 ETH transfer. Data from Arkham Intelligence shows that another 30,000 ETH was moved out of the same wallet after Lookonchain’s post, bringing the total outflow to 120,000 ETH within a short period. At the time of writing, the wallet’s remaining balance is at 133,000 ETH, meaning nearly half of the ETH previously held in the address has now been transferred out. 
The sudden reactivation of the wallet set off alarm bells across crypto social media at a time when Ethereum has already shed about 47% of its value since the beginning of the year. Ethereum has already been trading under pressure in June, and a large movement from a wallet associated with one of the network’s earliest and most visible figures naturally led to panic from other Ethereum traders.
Is #Ethereum co-founder Joseph Lubin(@ethereumJoseph) preparing to dump $ETH?
A wallet linked to Joseph Lubin, which holds 243,300 $ETH($370M), transferred out 80,001 $ETH($121.6M) after more than 3 years of inactivity.https://t.co/s6lzxlNpRy pic.twitter.com/f0hyWvQBAm
— Lookonchain (@lookonchain) June 6, 2026
 
Some Whales Buy The Dip While Others Head Out
Following the outflows from Lubin&#8217;s wallets shows that the cryptocurrencies eventually entered into a DSProxy wallet. While the intentions as to the transactions can be debated, other large holders have been making their moves with more clarity. 
For instance, Longling Capital, a wallet known on on-chain tracking platforms for its pattern of buying low and selling high, deposited 10,000 ETH worth $15.68 million to Binance, according to Lookonchain. The move to a centralized exchange can be easily interpreted as a precursor to selling from the whale address.
However, not every whale is in a selloff mood. One Ethereum OG who sold 60,000 ETH and 9,442 wstETH at approximately $2,040 just a week earlier has already begun buying back the cryptocurrency. Over the past two days, that whale spent $55.8 million to accumulate 35,723 ETH at an average price of $1,563 and may not be done yet, according to Lookonchain data.
Featured image from Unsplash, chart from TradingView
]]></description><link>https://coinsnews.com/joseph-lubin-linked-wallet-ignites-ethereum-dump-fears-after-121m-eth-transfer</link><guid>858228</guid><author>COINS NEWS</author><dc:content /><dc:text>Joseph Lubin-Linked Wallet Ignites Ethereum Dump Fears After $121M ETH Transfer</dc:text></item><item><title>BlackRock's Bitcoin ETF sheds $214M in single-day outflow as institutional profit-taking accelerates - Crypto Briefing</title><description><![CDATA[BlackRock's Bitcoin ETF sheds $214M in single-day outflow as institutional profit-taking accelerates& & Crypto Briefing]]></description><link>https://coinsnews.com/blackrocks-bitcoin-etf-sheds-214m-in-single-day-outflow-as-institutional-profit-taking-accelerates-crypto-briefing</link><guid>858201</guid><author>COINS NEWS</author><dc:content /><dc:text>BlackRock's Bitcoin ETF sheds $214M in single-day outflow as institutional profit-taking accelerates - Crypto Briefing</dc:text></item><item><title>Here's the 1 Crypto I'd Buy if I Could Only Pick 1 - The Motley Fool</title><description><![CDATA[Here's the 1 Crypto I'd Buy if I Could Only Pick 1& & The Motley Fool]]></description><link>https://coinsnews.com/heres-the-1-crypto-id-buy-if-i-could-only-pick-1-the-motley-fool</link><guid>858198</guid><author>COINS NEWS</author><dc:content /><dc:text>Here's the 1 Crypto I'd Buy if I Could Only Pick 1 - The Motley Fool</dc:text></item><item><title>NY Judge Halts Lawsuit Claiming 39,069 Dormant Bitcoin Wallets Until July Hearing - Yahoo</title><description><![CDATA[NY Judge Halts Lawsuit Claiming 39,069 Dormant Bitcoin Wallets Until July Hearing& & Yahoo]]></description><link>https://coinsnews.com/ny-judge-halts-lawsuit-claiming-39069-dormant-bitcoin-wallets-until-july-hearing-yahoo</link><guid>858257</guid><author>COINS NEWS</author><dc:content /><dc:text>NY Judge Halts Lawsuit Claiming 39,069 Dormant Bitcoin Wallets Until July Hearing - Yahoo</dc:text></item><item><title>NY Judge Halts Lawsuit Claiming 39,069 Dormant Bitcoin Wallets Until July Hearing - BeInCrypto</title><description><![CDATA[NY Judge Halts Lawsuit Claiming 39,069 Dormant Bitcoin Wallets Until July Hearing& & BeInCrypto]]></description><link>https://coinsnews.com/ny-judge-halts-lawsuit-claiming-39069-dormant-bitcoin-wallets-until-july-hearing-beincrypto</link><guid>858196</guid><author>COINS NEWS</author><dc:content /><dc:text>NY Judge Halts Lawsuit Claiming 39,069 Dormant Bitcoin Wallets Until July Hearing - BeInCrypto</dc:text></item><item><title>$2 Million Per Vessel: Inside Iran’s Massive USDT Toll Operation in the Strait of Hormuz</title><description><![CDATA[Reports indicate that some of the payments could have been made in stablecoins, particularly Tether’s USDT, the largest stablecoin by market capitalization. The U.S. OFAC has warned that maritime companies executing such payments might be affected by upcoming sanctions. Iran Claims Hormuz Toll Booth Yields up to $2 Million Per Ship, Some Payments Made Using [&#8230;]]]></description><link>https://coinsnews.com/2-million-per-vessel-inside-irans-massive-usdt-toll-operation-in-the-strait-of-hormuz</link><guid>858162</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/straitofhormuz_nwmk-768x432.jpg</dc:content ><dc:text>$2 Million Per Vessel: Inside Iran’s Massive USDT Toll Operation in the Strait of Hormuz</dc:text></item><item><title>NY judge stays lawsuit seeking ownership of nearly 40,000 bitcoin wallets, sets July hearing on proposed amicus brief - The Block</title><description><![CDATA[NY judge stays lawsuit seeking ownership of nearly 40,000 bitcoin wallets, sets July hearing on proposed amicus brief& & The Block]]></description><link>https://coinsnews.com/ny-judge-stays-lawsuit-seeking-ownership-of-nearly-40000-bitcoin-wallets-sets-july-hearing-on-proposed-amicus-brief-the-block</link><guid>858197</guid><author>COINS NEWS</author><dc:content /><dc:text>NY judge stays lawsuit seeking ownership of nearly 40,000 bitcoin wallets, sets July hearing on proposed amicus brief - The Block</dc:text></item><item><title>What happens to Bitcoin if the Nasdaq falls further? - TradingView</title><description><![CDATA[What happens to Bitcoin if the Nasdaq falls further?& & TradingView]]></description><link>https://coinsnews.com/what-happens-to-bitcoin-if-the-nasdaq-falls-further-tradingview</link><guid>858199</guid><author>COINS NEWS</author><dc:content /><dc:text>What happens to Bitcoin if the Nasdaq falls further? - TradingView</dc:text></item><item><title>Bitcoin climbs back above $61,000 as crypto market steadies after brutal selloff - Investing.com</title><description><![CDATA[Bitcoin climbs back above $61,000 as crypto market steadies after brutal selloff& & Investing.com]]></description><link>https://coinsnews.com/bitcoin-climbs-back-above-61000-as-crypto-market-steadies-after-brutal-selloff-investingcom</link><guid>858191</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin climbs back above $61,000 as crypto market steadies after brutal selloff - Investing.com</dc:text></item><item><title>Peter Schiff calls Bitcoin investors a 'cult' after poll shows 60% won't admit he's right even if BTC crashes 99%. - Pluang</title><description><![CDATA[Peter Schiff calls Bitcoin investors a 'cult' after poll shows 60% won't admit he's right even if BTC crashes 99%.& & Pluang]]></description><link>https://coinsnews.com/peter-schiff-calls-bitcoin-investors-a-cult-after-poll-shows-60-wont-admit-hes-right-even-if-btc-crashes-99-pluang</link><guid>858200</guid><author>COINS NEWS</author><dc:content /><dc:text>Peter Schiff calls Bitcoin investors a 'cult' after poll shows 60% won't admit he's right even if BTC crashes 99%. - Pluang</dc:text></item><item><title>100x Reversal? Strategy May Have Bought 3,200 BTC After Bitcoin Sale, Standard Chartered Says</title><description><![CDATA[Standard Chartered suspects Strategy could announce a large bitcoin buy on Monday, with estimates pointing to a buy of either 320 BTC or as much as 3,200 BTC. The outlook follows the company’s recent sale of 32 BTC and suggests a much larger accumulation could quickly shift attention back to institutional demand. Standard Chartered Sees [&#8230;]]]></description><link>https://coinsnews.com/100x-reversal-strategy-may-have-bought-3200-btc-after-bitcoin-sale-standard-chartered-says</link><guid>858163</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/strategy-bitcoin-buy-3200-btc-standard-chartered_nwmk-768x432.jpg</dc:content ><dc:text>100x Reversal? Strategy May Have Bought 3,200 BTC After Bitcoin Sale, Standard Chartered Says</dc:text></item><item><title>Bitcoin Price Reacts as Iran Strikes Israel and Trump Weighs In on a Peace Deal - CryptoPotato</title><description><![CDATA[Bitcoin Price Reacts as Iran Strikes Israel and Trump Weighs In on a Peace Deal& & CryptoPotato]]></description><link>https://coinsnews.com/bitcoin-price-reacts-as-iran-strikes-israel-and-trump-weighs-in-on-a-peace-deal-cryptopotato</link><guid>858205</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Price Reacts as Iran Strikes Israel and Trump Weighs In on a Peace Deal - CryptoPotato</dc:text></item><item><title>Bitcoin ETF Outflows Reach $4.4B Over 13 Days, Highlighting Structural Changes In Digital Assets Markets - Crowdfund Insider</title><description><![CDATA[Bitcoin ETF Outflows Reach $4.4B Over 13 Days, Highlighting Structural Changes In Digital Assets Markets& & Crowdfund Insider]]></description><link>https://coinsnews.com/bitcoin-etf-outflows-reach-44b-over-13-days-highlighting-structural-changes-in-digital-assets-markets-crowdfund-insider</link><guid>858202</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin ETF Outflows Reach $4.4B Over 13 Days, Highlighting Structural Changes In Digital Assets Markets - Crowdfund Insider</dc:text></item><item><title>Arthur Hayes Sells WLD Holdings After ‘Holy Trinity Death’, Sparks Exit Liquidity Controversy</title><description><![CDATA[Arthur Hayes has disclosed the unwinding of his Worldcoin position just days after revealing a major rebalancing of Maelstrom&#8217;s portfolio. On Friday, June 5th, the BitMEX co-founder proclaimed that &#8220;the Holy Trinity is dead,&#8221; dumping his Zcash, Hyperliquid, and NEAR holdings while touting WLD&#8217;s prospects of outperforming.
Hayes revealed the recently found Orchard Pool vulnerability as the rationale behind taking profit on Zcash. Meanwhile, the Maelstrom CIO had earlier sold off his entire HYPE and NEAR holdings, citing higher energy prices (due to the war in Iran), imminent US IPOs, and a rising anti-AI political stance.
Was It All Hype?
As Hayes dumped his Zcash positions, he announced his continued exposure to Worldcoin, citing his expectation that SpaceX&#8217;s IPO would catalyze WLD&#8217;s move higher. The crypto founder went on to say, &#8220;never bet against Elon,&#8221; as the price of Worldcoin remained fairly steady during Friday&#8217;s market storm.
However, in the early hours of Saturday, Hayes posted a chart of the SpaceX security and said the price is &#8220;going in the wrong direction&#8221; before disclosing that he is out of his Worldcoin position. The Maelstrom CIO barely explained the rationale for his decision to dump the WLD tokens this weekend, despite initially implying he would hold the altcoin through the SpaceX IPO next week.
This market movement sparked outrage within the crypto community on the social media platform X, with prominent blockchain sleuth ZachXBT among the commentators. &#8220;How much exit liquidity was created from your followers over the past couple of days?&#8221; the crypto space investigator questioned Hayes on X.
Exit liquidity refers to a concept where early buyers or investors are able to successfully sell off their holdings when new buyers enter the market. Although not entirely limited to scams, this concept is often linked to &#8220;pump and dump&#8221; or &#8220;market manipulation&#8221; schemes, in which holders with significant followings and influence hype an asset before exiting at a high price.
The BitMEX founder rebuffed the idea that he used his followers as exit liquidity, saying that he sold to a willing buyer at a price. &#8220;Prices could be higher, and then I would be called a dumb ass. I just happened to call it right this time as it regards to my trading goals,&#8221; Hayes wrote on X.
WLD Price At A Glance
Shortly after Hayes disclosed that he was offloading his WLD holdings, the altcoin&#8217;s value dropped by almost 30% before recovering. As of this writing, the price of Worldcoin stands at around $0.4228, with an over 20% decline still on the books over the past day.
]]></description><link>https://coinsnews.com/arthur-hayes-sells-wld-holdings-after-holy-trinity-death-sparks-exit-liquidity-controversy</link><guid>858146</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/Screenshot-2026-06-07-at-10.41.23.png?resize=1082%2C610</dc:content ><dc:text>Arthur Hayes Sells WLD Holdings After ‘Holy Trinity Death’, Sparks Exit Liquidity Controversy</dc:text></item><item><title>Here’s Why Bitcoin’s 50% Drop Looks Mild Next to What Several Altcoin Holders Are Sitting On</title><description><![CDATA[This week, bitcoin took a trip to its lowest price tag of 2026, slipping to $59,100 per coin and now sitting a touch more than 50% below the leading crypto asset’s all-time high above $126,000. Meanwhile, a hefty slice of the altcoin crowd has endured far steeper markdowns, with many well-known digital assets nursing losses [&#8230;]]]></description><link>https://coinsnews.com/heres-why-bitcoins-50-drop-looks-mild-next-to-what-several-altcoin-holders-are-sitting-on</link><guid>858164</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/heres-why-bitcoins-50-drop-looks-mild-next-to-what-several-altcoin-holderss-are-sitting-on_nwmk-768x432.png</dc:content ><dc:text>Here’s Why Bitcoin’s 50% Drop Looks Mild Next to What Several Altcoin Holders Are Sitting On</dc:text></item><item><title>Michael Saylor revives bitcoin-buy speculation as scrutiny over Strategy grows - Cryptonews.net</title><description><![CDATA[Michael Saylor revives bitcoin-buy speculation as scrutiny over Strategy grows& & Cryptonews.net]]></description><link>https://coinsnews.com/michael-saylor-revives-bitcoin-buy-speculation-as-scrutiny-over-strategy-grows-cryptonewsnet</link><guid>858204</guid><author>COINS NEWS</author><dc:content /><dc:text>Michael Saylor revives bitcoin-buy speculation as scrutiny over Strategy grows - Cryptonews.net</dc:text></item><item><title>MicroStrategy and BitMine Could Trigger the Largest Bitcoin Crash Ever: DWF Labs Co-founder Warns - Yahoo Finance</title><description><![CDATA[MicroStrategy and BitMine Could Trigger the Largest Bitcoin Crash Ever: DWF Labs Co-founder Warns& & Yahoo Finance]]></description><link>https://coinsnews.com/microstrategy-and-bitmine-could-trigger-the-largest-bitcoin-crash-ever-dwf-labs-co-founder-warns-yahoo-finance</link><guid>858193</guid><author>COINS NEWS</author><dc:content /><dc:text>MicroStrategy and BitMine Could Trigger the Largest Bitcoin Crash Ever: DWF Labs Co-founder Warns - Yahoo Finance</dc:text></item><item><title>Strategy Affirms Mission to Grow Net Bitcoin as CEO Shuts Down Rumors</title><description><![CDATA[Strategy’s CEO rejected rumors that the company’s bitcoin strategy has changed, reaffirming its goal of increasing both net bitcoin holdings and bitcoin per share. His comments aligned with Michael Saylor’s continued bullish outlook on BTC. Strategy’s Bitcoin Sale Sparks Questions About Long-Term BTC Growth Strategy (Nasdaq: MSTR) faces a key market question after its bitcoin [&#8230;]]]></description><link>https://coinsnews.com/strategy-affirms-mission-to-grow-net-bitcoin-as-ceo-shuts-down-rumors</link><guid>858165</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/strategy-mission-to-grow-bitcoin_nwmk-768x432.jpg</dc:content ><dc:text>Strategy Affirms Mission to Grow Net Bitcoin as CEO Shuts Down Rumors</dc:text></item><item><title>Trump-Affiliated Stablecoin Hit With HTX Delisting Amid Asset Freeze Controversy</title><description><![CDATA[Justin Sun has reportedly been offered a behind-the-scenes settlement by a World Liberty Financial investor, though no resolution has been announced. That unresolved tension now has a new flashpoint: Sun&#8217;s crypto exchange HTX has moved to fully delist USD1, the stablecoin tied to US President Donald Trump&#8217;s World Liberty Financial project.
A Freeze That Started It All
HTX announced on June 6 that USD1 would be removed from its platform on June 7. Users holding USD1 on the exchange will have their balances converted to USDT at a 1:1 rate, with the converted funds credited to their spot accounts.
The exchange said the decision was made to reduce potential risks, protect user assets, and maintain fair trading conditions. HTX stopped short of labeling it retaliation, but the timing left little ambiguity. 火币 HTX 关于 $WLFI、 $USD1 资产处理的情况说明
The World Liberty Financial (WLFI) 项目方近期以相关制裁合规审查为由，单方面对火币 HTX 相关链上地址采取冻结措施，导致部分 WLFI 资产链上流转受限。
鉴于 USD1 同样由 WLFI…
— 火币HTX (@HuobiGlobal) June 6, 2026
A day earlier, on June 5, HTX had already suspended several trading pairs involving WLFI tokens — including WLFI/USDT, USD1/USDT, BTC/USD1, and ETH/USD1.
The suspension followed what HTX described as a unilateral move by the WLFI project team to freeze on-chain wallet addresses linked to Huobi HTX, citing sanctions compliance reviews as justification.
Lawsuit Hangs Over The Dispute
The conflict does not exist in isolation. It is playing out against the backdrop of an active legal fight between Sun and WLFI.
Sun filed a lawsuit against the project, alleging his tokens were frozen without cause and that WLFI operates a blacklist mechanism capable of restricting or destroying user funds. 关于火币HTX下架USD1(USD1)并将用户资产兑换为USDT的公告
鉴于 USD1 为 WLFI 项目方发行的资产，为降低潜在风险、保障用户资产安全及维护公平交易环境，火币HTX将于2026年6月7日11:00（UTC+8）时下架 USD1，并将用户账户内符合兑换范围的 USD1 按 1:1 的比例兑换为 USDT。
兑换完成后，对应 USDT… https://t.co/O34q0Joc7k
— 火币HTX (@HuobiGlobal) June 6, 2026
WLFI hit back with a countersuit, accusing Sun of running a coordinated defamation campaign and using social media influencers and bots to spread damaging claims about the project.
The two sides appear no closer to a resolution. A settlement offer from a major WLFI investor was extended to Sun, but he has made no public statement indicating progress on that front.
What Comes Next For USD1 Holders
For users on the exchange, the immediate impact is straightforward: USD1 holdings will be swapped out for USDT, and the exchange has said the distribution timeline will be confirmed separately.
The broader question — whether WLFI&#8217;s invocation of sanctions compliance to freeze a counterparty&#8217;s on-chain addresses was legally grounded or tactically motivated — remains open.
Neither WLFI nor its legal representatives have issued a detailed public explanation of the freeze.
USD1 is a stablecoin issued by World Liberty Financial, a crypto project backed by Trump.
Featured image from Baltana, chart from TradingView
]]></description><link>https://coinsnews.com/trump-affiliated-stablecoin-hit-with-htx-delisting-amid-asset-freeze-controversy</link><guid>858147</guid><author>COINS NEWS</author><dc:content /><dc:text>Trump-Affiliated Stablecoin Hit With HTX Delisting Amid Asset Freeze Controversy</dc:text></item><item><title>Bitcoin underwater supply crosses 10mln – Is BTC near cycle bottom? - AMBCrypto</title><description><![CDATA[Bitcoin underwater supply crosses 10mln – Is BTC near cycle bottom?& & AMBCrypto]]></description><link>https://coinsnews.com/bitcoin-underwater-supply-crosses-10mln-is-btc-near-cycle-bottom-ambcrypto</link><guid>858203</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin underwater supply crosses 10mln – Is BTC near cycle bottom? - AMBCrypto</dc:text></item><item><title>Michael Saylor Revives Bitcoin-buy Speculation as Scrutiny Over Strategy Grows - Moomoo</title><description><![CDATA[Michael Saylor Revives Bitcoin-buy Speculation as Scrutiny Over Strategy Grows& & Moomoo]]></description><link>https://coinsnews.com/michael-saylor-revives-bitcoin-buy-speculation-as-scrutiny-over-strategy-grows-moomoo</link><guid>858080</guid><author>COINS NEWS</author><dc:content /><dc:text>Michael Saylor Revives Bitcoin-buy Speculation as Scrutiny Over Strategy Grows - Moomoo</dc:text></item><item><title>Bitcoin Price Rally May Be a Dead Cat Bounce as Death Cross Nears and ETF Outflows - Benzinga</title><description><![CDATA[Bitcoin Price Rally May Be a Dead Cat Bounce as Death Cross Nears and ETF Outflows& & Benzinga]]></description><link>https://coinsnews.com/bitcoin-price-rally-may-be-a-dead-cat-bounce-as-death-cross-nears-and-etf-outflows-benzinga</link><guid>858102</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Price Rally May Be a Dead Cat Bounce as Death Cross Nears and ETF Outflows - Benzinga</dc:text></item><item><title>Digital Asset Management Apps - Trend Hunter</title><description><![CDATA[Digital Asset Management Apps& & Trend Hunter]]></description><link>https://coinsnews.com/digital-asset-management-apps-trend-hunter</link><guid>858104</guid><author>COINS NEWS</author><dc:content /><dc:text>Digital Asset Management Apps - Trend Hunter</dc:text></item><item><title>Satoshi-era Bitcoin moves after 15 years of no movement - thestreet.com</title><description><![CDATA[Satoshi-era Bitcoin moves after 15 years of no movement& & thestreet.com]]></description><link>https://coinsnews.com/satoshi-era-bitcoin-moves-after-15-years-of-no-movement-thestreetcom</link><guid>858100</guid><author>COINS NEWS</author><dc:content /><dc:text>Satoshi-era Bitcoin moves after 15 years of no movement - thestreet.com</dc:text></item><item><title>‘Bottom Fishers’ Lift Bitcoin Above 2026 Low but Schiff Warns the Worst May Still Be Ahead</title><description><![CDATA[While bitcoin trades more than 50% beneath its all-time peak above $126,000 recorded last October, gold proponent Peter Schiff remains convinced the asset has considerably further to fall. This weekend, Schiff conducted a poll asking: “How low does bitcoin’s price have to fall before you bitcoiners concede that I’ve been right all along?” Among the [&#8230;]]]></description><link>https://coinsnews.com/bottom-fishers-lift-bitcoin-above-2026-low-but-schiff-warns-the-worst-may-still-be-ahead</link><guid>858069</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bottom-fishers-lift-bitcoin-above-2026-low-but-schiff-warns-the-worst-may-still-be-ahead_nwmk-768x432.png</dc:content ><dc:text>‘Bottom Fishers’ Lift Bitcoin Above 2026 Low but Schiff Warns the Worst May Still Be Ahead</dc:text></item><item><title>Bitcoin Near $60,000 Today Vs February: Institutional Sentiment Has Flipped - Moomoo</title><description><![CDATA[Bitcoin Near $60,000 Today Vs February: Institutional Sentiment Has Flipped& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-near-60000-today-vs-february-institutional-sentiment-has-flipped-moomoo</link><guid>858266</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Near $60,000 Today Vs February: Institutional Sentiment Has Flipped - Moomoo</dc:text></item><item><title>Bitcoin struggles as momentum traders shift focus to chip stocks - Crypto Briefing</title><description><![CDATA[Bitcoin struggles as momentum traders shift focus to chip stocks& & Crypto Briefing]]></description><link>https://coinsnews.com/bitcoin-struggles-as-momentum-traders-shift-focus-to-chip-stocks-crypto-briefing</link><guid>858099</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin struggles as momentum traders shift focus to chip stocks - Crypto Briefing</dc:text></item><item><title>Bitcoin near $60,000 today vs February: ETF flows tell a different story - CoinDesk</title><description><![CDATA[Bitcoin near $60,000 today vs February: ETF flows tell a different story& & CoinDesk]]></description><link>https://coinsnews.com/bitcoin-near-60000-today-vs-february-etf-flows-tell-a-different-story-coindesk</link><guid>858081</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin near $60,000 today vs February: ETF flows tell a different story - CoinDesk</dc:text></item><item><title>$Bitcoin (BTC.CC)$ Prepare the liquidity vaccum…. SPCX - Moomoo</title><description><![CDATA[$Bitcoin (BTC.CC)$ Prepare the liquidity vaccum…. SPCX& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-btccc-prepare-the-liquidity-vaccum-spcx-moomoo</link><guid>858091</guid><author>COINS NEWS</author><dc:content /><dc:text>$Bitcoin (BTC.CC)$ Prepare the liquidity vaccum…. SPCX - Moomoo</dc:text></item><item><title>Why bitcoin (BTC) is falling: AI, tech IPOs, quantum, Strategy sale fears all converge, NYDIG says - CoinDesk</title><description><![CDATA[Why bitcoin (BTC) is falling: AI, tech IPOs, quantum, Strategy sale fears all converge, NYDIG says& & CoinDesk]]></description><link>https://coinsnews.com/why-bitcoin-btc-is-falling-ai-tech-ipos-quantum-strategy-sale-fears-all-converge-nydig-says-coindesk</link><guid>858084</guid><author>COINS NEWS</author><dc:content /><dc:text>Why bitcoin (BTC) is falling: AI, tech IPOs, quantum, Strategy sale fears all converge, NYDIG says - CoinDesk</dc:text></item><item><title>ETH/BTC Hits Historical Support Zone — Could An Ethereum Reversal Be Next?</title><description><![CDATA[A pseudonymous crypto analyst has revealed that the Ethereum-to-Bitcoin pair has fallen back down to a price region that once preceded the bullish run seen in Ethereum’s past cycle.
ETH/BTC Structure Mirrors 2020 Chart Before Reversal
In an X post on June 6, market expert Crypflow highlights that the ETH/BTC price once formed a bottom around a strong support zone back in 2020. Interestingly, the bottoming of this Ethereum-to-Bitcoin ratio preceded a powerful rotation of bullish momentum into the Ethereum price, thereby fueling its last bull run.
$ETH/BTC (1M) &#8211; This is where ETH woke up last cycle.
Back in 2020, ETH/BTC bottomed in this zone.
What followed was one of the strongest periods of ETH outperformance in history.
Today:→ ETH/BTC is back at the same support level→ Price is being squeezed inside the apex… pic.twitter.com/f7Vfx7R3gi
&mdash; CRYPFLOW (@_Crypflow_) June 6, 2026
Crypflow reveals that recently the pair has reached the same historical bottom, specifically around the 0.02528 mark. Notably, this fall towards the key level marks months of Ethereum underperformance relative to BTC. In this scenario, we see the ETH/BTC price being compressed at the apex of the trend’s triangle.
As such, Crypflow explains that for the past pattern to play out again, there must be a definitive breakout from this structure. If this happens, the Ethereum price could see a rapid and significant inflow of bullish momentum, as the breakout would signal that capital is being rotated back into Ethereum. The fact that the risk/reward ratio appears very enticing in the current setup makes it all the more likely that the 2020 bottoming and breakout events will recur.
Bitcoin Price At Pivotal $60,000 Support: Is A Recovery Underway?
In a separate post on X, Crypflow highlights that the Bitcoin price is currently testing one of its support zones that has previously cushioned weakness. The crypto pundit lists the $60,000 price level as this critical zone, which has served as the Bitcoin bottom seen in February.
With the zone being tested again, Crypflow suggests the bitcoin price could be in the earliest stages of recovery. However, this is only within the bounds of possibility, so far, $60,000 is not lost. If $60,000 holds, and a clear breakout is seen, the recovery effort could be said to have fully begun.
On the contrary, if the $60,000 zone fails to hold, Crypflow explains that Bitcoin could see a sharp downturn, with its next major target at $54,000. In this case, all hopes of a reversal playing out would have to rest on the integrity of the $54,000 level.
As of this writing, the Bitcoin price stands at $62,375, reflecting 2.45% growth over the past day. Ethereum shows similar price growth, currently worth $1,610, up 2.52% over the past 24 hours, according to CoinMarketCap data.
]]></description><link>https://coinsnews.com/ethbtc-hits-historical-support-zone-could-an-ethereum-reversal-be-next</link><guid>858148</guid><author>COINS NEWS</author><dc:content /><dc:text>ETH/BTC Hits Historical Support Zone — Could An Ethereum Reversal Be Next?</dc:text></item><item><title>Bitcoin And Crypto Markets Enduring Shifting Capital Flows And External Uncertainties - Crowdfund Insider</title><description><![CDATA[Bitcoin And Crypto Markets Enduring Shifting Capital Flows And External Uncertainties& & Crowdfund Insider]]></description><link>https://coinsnews.com/bitcoin-and-crypto-markets-enduring-shifting-capital-flows-and-external-uncertainties-crowdfund-insider</link><guid>858098</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin And Crypto Markets Enduring Shifting Capital Flows And External Uncertainties - Crowdfund Insider</dc:text></item><item><title>‘A Good Time to Add More Dots’: Saylor Sparks Bitcoin Buy Buzz After Strategy’s Rare BTC Sale</title><description><![CDATA[Michael Saylor renewed attention on Strategy’s bitcoin plans after the company’s rare 32 BTC sale sparked debate among investors. His latest post shifted focus back to Strategy’s 843,706 BTC reserve and the possibility of future acquisitions. Saylor’s Post Refocuses Traders After Strategy’s Rare Bitcoin Sale Michael Saylor, executive chairman of Strategy (Nasdaq: MSTR), has renewed [&#8230;]]]></description><link>https://coinsnews.com/a-good-time-to-add-more-dots-saylor-sparks-bitcoin-buy-buzz-after-strategys-rare-btc-sale</link><guid>858070</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/strategy-bitcoin-buy-buzz_nwmk-768x432.jpg</dc:content ><dc:text>‘A Good Time to Add More Dots’: Saylor Sparks Bitcoin Buy Buzz After Strategy’s Rare BTC Sale</dc:text></item><item><title>TeraWulf Expands Beyond Bitcoin Mining With AI And Muskie Data Campus - Yahoo Finance</title><description><![CDATA[TeraWulf Expands Beyond Bitcoin Mining With AI And Muskie Data Campus& & Yahoo Finance]]></description><link>https://coinsnews.com/terawulf-expands-beyond-bitcoin-mining-with-ai-and-muskie-data-campus-yahoo-finance</link><guid>858085</guid><author>COINS NEWS</author><dc:content /><dc:text>TeraWulf Expands Beyond Bitcoin Mining With AI And Muskie Data Campus - Yahoo Finance</dc:text></item><item><title>Abra CEO Bill Barhydt sees tokenization overtaking bitcoin price as crypto’s main story - CoinDesk</title><description><![CDATA[Abra CEO Bill Barhydt sees tokenization overtaking bitcoin price as crypto’s main story& & CoinDesk]]></description><link>https://coinsnews.com/abra-ceo-bill-barhydt-sees-tokenization-overtaking-bitcoin-price-as-cryptos-main-story-coindesk</link><guid>858096</guid><author>COINS NEWS</author><dc:content /><dc:text>Abra CEO Bill Barhydt sees tokenization overtaking bitcoin price as crypto’s main story - CoinDesk</dc:text></item><item><title>Michael Saylor hints at fresh bitcoin buy with 'add more dots' post as Strategy sits $11.7 billion underwater - The Block</title><description><![CDATA[Michael Saylor hints at fresh bitcoin buy with 'add more dots' post as Strategy sits $11.7 billion underwater& & The Block]]></description><link>https://coinsnews.com/michael-saylor-hints-at-fresh-bitcoin-buy-with-add-more-dots-post-as-strategy-sits-117-billion-underwater-the-block</link><guid>858082</guid><author>COINS NEWS</author><dc:content /><dc:text>Michael Saylor hints at fresh bitcoin buy with 'add more dots' post as Strategy sits $11.7 billion underwater - The Block</dc:text></item><item><title>Scott Bessent Says Bitcoin Reserve Moving At Deliberate Speed As 'Big Announcement' Remains Elusive - Yahoo Finance</title><description><![CDATA[Scott Bessent Says Bitcoin Reserve Moving At Deliberate Speed As 'Big Announcement' Remains Elusive& & Yahoo Finance]]></description><link>https://coinsnews.com/scott-bessent-says-bitcoin-reserve-moving-at-deliberate-speed-as-big-announcement-remains-elusive-yahoo-finance</link><guid>858087</guid><author>COINS NEWS</author><dc:content /><dc:text>Scott Bessent Says Bitcoin Reserve Moving At Deliberate Speed As 'Big Announcement' Remains Elusive - Yahoo Finance</dc:text></item><item><title>Michael Saylor Signals 'A Good Time To Add More Dots' After Bitcoin's Bear-Market Losses Near $174 Billion - Yahoo Finance</title><description><![CDATA[Michael Saylor Signals 'A Good Time To Add More Dots' After Bitcoin's Bear-Market Losses Near $174 Billion& & Yahoo Finance]]></description><link>https://coinsnews.com/michael-saylor-signals-a-good-time-to-add-more-dots-after-bitcoins-bear-market-losses-near-174-billion-yahoo-finance</link><guid>858089</guid><author>COINS NEWS</author><dc:content /><dc:text>Michael Saylor Signals 'A Good Time To Add More Dots' After Bitcoin's Bear-Market Losses Near $174 Billion - Yahoo Finance</dc:text></item><item><title>Gold and Silver Bleed 23% and 44% Despite US-Iran War and Rising CPI</title><description><![CDATA[Gold and silver have shed a combined trillion dollars in market value from their January peaks, with gold trading near $4,331 per ounce and silver around $67.30 on June 5, even as a live geopolitical conflict and above-target inflation would traditionally push precious metals higher. How Far Prices Have Fallen Gold peaked at $5,608 per [&#8230;]]]></description><link>https://coinsnews.com/gold-and-silver-bleed-23-and-44-despite-us-iran-war-and-rising-cpi</link><guid>858071</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/gold-and-silver-bleed-23-and-44-despite-us-iran-war-and-rising-cpi_nwmk-768x432.png</dc:content ><dc:text>Gold and Silver Bleed 23% and 44% Despite US-Iran War and Rising CPI</dc:text></item><item><title>MicroStrategy Stock (MSTR) Opinions on Bitcoin Accumulation Strategy - Quiver Quantitative</title><description><![CDATA[MicroStrategy Stock (MSTR) Opinions on Bitcoin Accumulation Strategy& & Quiver Quantitative]]></description><link>https://coinsnews.com/microstrategy-stock-mstr-opinions-on-bitcoin-accumulation-strategy-quiver-quantitative</link><guid>858095</guid><author>COINS NEWS</author><dc:content /><dc:text>MicroStrategy Stock (MSTR) Opinions on Bitcoin Accumulation Strategy - Quiver Quantitative</dc:text></item><item><title>Monero Next? Researcher Who Found The Zcash Flaw Targets XMR For Future Audit</title><description><![CDATA[The security researcher, who discovered the Orchard Pool vulnerability in Zcash, says he has added other privacy-focused coins, including Monero, to his audit queue.
Researcher To Audit Monero After Finding Zcash Flaw
Security engineer Taylor Hornby, who used the Claude AI Opus 4.8 model, has revealed that he intends to audit Monero, among other crypto projects, in the near future. &#8220;Absolutely! I&#8217;ll add Monero to my queue of things to audit,&#8221; Hornby responded when asked on X whether he could look for bugs in XMR and other privacy-focused cryptocurrencies.
The Orchard Counterfeiting flaw, which could have enabled a bad actor to mint unlimited, undetectable amounts of counterfeit ZEC tokens, had gone undetected since May 2022. Hornby discovered the counterfeiting vulnerability in Zcash&#8217;s Orchard pool on May 29 and reported it to Zcash Open Development Lab (ZODL), which coordinated an emergency network fix by June 2.
The language in the public notice of the vulnerability emphasized that, while there was no evidence of exploitation, due to Zcash&#8217;s privacy property, there was no way to cryptographically confirm that the bug was not exploited during the period it went unnoticed. This impossible situation has cast doubt on the privacy feature in certain cryptocurrencies, such as Monero.
Hornby explained that his close relationship with the Zcash developers and the impact of the crypto project on his life were the reasons he disclosed the flaw rather than exploiting it. Additionally, the security researcher revealed that he intends to apply for a Zcash coinholder grant while seeking voluntary donations to fund further work.
The discovery of this vulnerability precipitated a level of FUD-driven capitulation in the crypto market, with ZEC losing nearly half of its value on the day. With Monero seemingly next on the list, anything less than a favorable security audit report could trigger the return of doubt into privacy-focused coins and the general cryptocurrency market.
What&#8217;s The Next Move For The Privacy Coin?
With no cryptographic way to confirm whether the counterfeiting vulnerability was exploited, Shielded Labs, alongside the ZODL and other key stakeholders, has launched a proposal called Ironwood. Ironwood is expected to enable users to verify the authenticity of ZEC&#8217;s circulating supply.
According to the proposal, users would be able to independently verify the total circulating supply of Zcash by running a node. &#8220;As soon as Ironwood activates, users can verify from the consensus rules that no more than the correct amount of ZEC can be circulating,&#8221; the initial proposal read.
As of this writing, the price of ZEC sits at around $400, reflecting an almost 4% jump in the past 24 hours.
]]></description><link>https://coinsnews.com/monero-next-researcher-who-found-the-zcash-flaw-targets-xmr-for-future-audit</link><guid>858149</guid><author>COINS NEWS</author><dc:content /><dc:text>Monero Next? Researcher Who Found The Zcash Flaw Targets XMR For Future Audit</dc:text></item><item><title>???????????????????? ????????: Michael Saylor hints at buying more Bitcoin tomorrow. “A good time to add more dots.” - Moomoo</title><description><![CDATA[???????????????????? ????????: Michael Saylor hints at buying more Bitcoin tomorrow. “A good time to add more dots.”& & Moomoo]]></description><link>https://coinsnews.com/michael-saylor-hints-at-buying-more-bitcoin-tomorrow-a-good-time-to-add-more-dots-moomoo</link><guid>858093</guid><author>COINS NEWS</author><dc:content /><dc:text>???????????????????? ????????: Michael Saylor hints at buying more Bitcoin tomorrow. “A good time to add more dots.” - Moomoo</dc:text></item><item><title>Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup</title><description><![CDATA[Bitcoin ( BTC) is trading at $61,822 on June 7, 2026, at 8:35 a.m. EDT, caught between a deeply oversold momentum reading on shorter timeframes and relentless selling pressure from moving averages across the daily chart. The technical picture this weekend is mixed but carries a clear bearish lean, with the $63,000 level standing as [&#8230;]]]></description><link>https://coinsnews.com/bitcoin-holds-above-591k-low-as-short-term-charts-signal-oversold-bounce-setup</link><guid>858072</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-768x432.png</dc:content ><dc:text>Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup</dc:text></item><item><title>Bitcoin’s Friday Plunge Below 60K Turned a 4 Percent Crypto Drop Into an 11 Percent Wipeout for WGMI Holders - Yahoo Finance</title><description><![CDATA[Bitcoin’s Friday Plunge Below 60K Turned a 4 Percent Crypto Drop Into an 11 Percent Wipeout for WGMI Holders& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoins-friday-plunge-below-60k-turned-a-4-percent-crypto-drop-into-an-11-percent-wipeout-for-wgmi-holders-yahoo-finance</link><guid>858086</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin’s Friday Plunge Below 60K Turned a 4 Percent Crypto Drop Into an 11 Percent Wipeout for WGMI Holders - Yahoo Finance</dc:text></item><item><title>Patrick Bet-David Show’s Adam Sosnick Compares His Bitcoin 'Dry Powder' To The Tesla Cash That Built SpaceX - Stocktwits</title><description><![CDATA[Patrick Bet-David Show’s Adam Sosnick Compares His Bitcoin 'Dry Powder' To The Tesla Cash That Built SpaceX& & Stocktwits]]></description><link>https://coinsnews.com/patrick-bet-david-shows-adam-sosnick-compares-his-bitcoin-dry-powder-to-the-tesla-cash-that-built-spacex-stocktwits</link><guid>858092</guid><author>COINS NEWS</author><dc:content /><dc:text>Patrick Bet-David Show’s Adam Sosnick Compares His Bitcoin 'Dry Powder' To The Tesla Cash That Built SpaceX - Stocktwits</dc:text></item><item><title>Bitcoin ETFs Rout Extends To June With $1.72 Billion Net Outflows In First Week</title><description><![CDATA[The US Bitcoin spot ETF market has carried its bearish momentum into June, recording substantial capital withdrawals during the first trading week of the month. The latest outflows come after a difficult May, as investor sentiment around Bitcoin continues to worsen amid strong macroeconomic uncertainty.
Bitcoin Spot ETFs Record 1 Green Day In 15
According to data from SoSoValue, the Bitcoin spot ETFs recorded combined net outflows of approximately $1.72 billion between June 1 and June 5, as market prices tumbled to around $60,000. The negative performance follows May&#8217;s total net outflows of $2.43 billion, marking an extended period of capital flight from the investment funds. Over its last 15 trading sessions, the Bitcoin ETFs have registered just one day of positive net flow, i.e., a moderate $3.05 million on June 4, underscoring the dominant bearish sentiment among institutional investors.
Looking at individual performance, BlackRock&#8217;s IBIT accounted for the majority of the week’s withdrawals, after registering net outflows of $1.34 billion. Meanwhile, Fidelity&#8217;s FBTC followed with $201.92 million in net redemptions, while Grayscale&#8217;s GBTC lost another $144.36 million. Other funds that experienced significant selling pressure include Invesco’s BTCO, Bitwise’s BITB, and ArkInvest/21Shares, with respective net withdrawals of  $12.65 million, $15.57 million, and $49.71 million.
Meanwhile, Grayscale’s BTC, Valkyrie’s BRRR, WisdomTree’s BTCW, and Hashdex’s DEFI ended the week with no net flows. Only two investment funds attracted relevant fresh capital as Van Eck’s HODL recorded net inflows of $4.22 million, while MSBT added $35.05 million. At the time of writing, cumulative net inflows into Bitcoin Spot ETFs total $53.94 billion. Meanwhile, total net assets now stand at $75.12 billion, down 20.19% in value over the last week.
Ethereum ETFs Lose Another $168M Amid Market Turmoil
In line with their Bitcoin counterparts, the Ethereum spot ETFs also opened their June account with significant investor withdrawals. Over the last week, the funds collectively recorded net outflows of $168 million, while their combined net assets fell to $9.78 billion from $11.78 billion.
The latest figures suggest institutional investors are adopting a more cautious approach as they navigate an increasingly uncertain macroeconomic environment. At press time, Bitcoin is valued at $61,592, reflecting a modest 2.00% gain in the last day. Meanwhile, Ethereum is trading at $1,612 after rebounding from its cycle low around $1,500. 
]]></description><link>https://coinsnews.com/bitcoin-etfs-rout-extends-to-june-with-172-billion-net-outflows-in-first-week</link><guid>858150</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin ETFs Rout Extends To June With $1.72 Billion Net Outflows In First Week</dc:text></item><item><title>Bitcoin ETFs Recorded Their Worst Week Since Inception Amid BTC’s Massive Price Slide - CryptoPotato</title><description><![CDATA[Bitcoin ETFs Recorded Their Worst Week Since Inception Amid BTC’s Massive Price Slide& & CryptoPotato]]></description><link>https://coinsnews.com/bitcoin-etfs-recorded-their-worst-week-since-inception-amid-btcs-massive-price-slide-cryptopotato</link><guid>858103</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin ETFs Recorded Their Worst Week Since Inception Amid BTC’s Massive Price Slide - CryptoPotato</dc:text></item><item><title>Bitcoin fell below $60,000 for the first time since October 2024 - Українські Національні Новини (УНН)</title><description><![CDATA[Bitcoin fell below $60,000 for the first time since October 2024& & Українські Національні Новини (УНН)]]></description><link>https://coinsnews.com/bitcoin-fell-below-60000-for-the-first-time-since-october-2024-ukrainski-natsionalni-novini-unn</link><guid>858105</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin fell below $60,000 for the first time since October 2024 - Українські Національні Новини (УНН)</dc:text></item><item><title>‘Only One Scenario Saves Bitcoin’—Crypto Is Suddenly Braced For A Massive $52 Billion Price Earthquake - Forbes</title><description><![CDATA[‘Only One Scenario Saves Bitcoin’—Crypto Is Suddenly Braced For A Massive $52 Billion Price Earthquake& & Forbes]]></description><link>https://coinsnews.com/only-one-scenario-saves-bitcoincrypto-is-suddenly-braced-for-a-massive-52-billion-price-earthquake-forbes</link><guid>858250</guid><author>COINS NEWS</author><dc:content /><dc:text>‘Only One Scenario Saves Bitcoin’—Crypto Is Suddenly Braced For A Massive $52 Billion Price Earthquake - Forbes</dc:text></item><item><title>10X Research Gives Bitcoin Two Weeks as Bitwise CEO Flags the Real Risk - BeInCrypto</title><description><![CDATA[10X Research Gives Bitcoin Two Weeks as Bitwise CEO Flags the Real Risk& & BeInCrypto]]></description><link>https://coinsnews.com/10x-research-gives-bitcoin-two-weeks-as-bitwise-ceo-flags-the-real-risk-beincrypto</link><guid>858088</guid><author>COINS NEWS</author><dc:content /><dc:text>10X Research Gives Bitcoin Two Weeks as Bitwise CEO Flags the Real Risk - BeInCrypto</dc:text></item><item><title>$Bitcoin (BTC.CC)$ ya right the same pattern across the board…. - Moomoo</title><description><![CDATA[$Bitcoin (BTC.CC)$ ya right the same pattern across the board….& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-btccc-ya-right-the-same-pattern-across-the-board-moomoo</link><guid>858097</guid><author>COINS NEWS</author><dc:content /><dc:text>$Bitcoin (BTC.CC)$ ya right the same pattern across the board…. - Moomoo</dc:text></item><item><title>Bitcoin’s Stumble Looks Graceful Next to Zcash’s Faceplant — Week in Review</title><description><![CDATA[This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. Bitcoin capitulated below its 200-week moving average with [&#8230;]]]></description><link>https://coinsnews.com/bitcoins-stumble-looks-graceful-next-to-zcashs-faceplant-week-in-review</link><guid>858073</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitcoins-stumble-looks-graceful-next-to-zcashs-faceplant-week-in-review_nwmk-768x432.png</dc:content ><dc:text>Bitcoin’s Stumble Looks Graceful Next to Zcash’s Faceplant — Week in Review</dc:text></item><item><title>$Bitcoin (BTC.CC)$ $Ethereum (ETH.CC)$ - Moomoo</title><description><![CDATA[$Bitcoin (BTC.CC)$ $Ethereum (ETH.CC)$& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-btccc-ethereum-ethcc-moomoo</link><guid>858101</guid><author>COINS NEWS</author><dc:content /><dc:text>$Bitcoin (BTC.CC)$ $Ethereum (ETH.CC)$ - Moomoo</dc:text></item><item><title>????????????Bitcoin spot ETFs recorded a net weekly outflow of $1.72B. BlackRock clients sold $1,337,200,000 worth of $Bitcoin (BTC.CC)$ - Moomoo</title><description><![CDATA[????????????Bitcoin spot ETFs recorded a net weekly outflow of $1.72B. BlackRock clients sold $1,337,200,000 worth of $Bitcoin (BTC.CC)$& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-spot-etfs-recorded-a-net-weekly-outflow-of-172b-blackrock-clients-sold-1337200000-worth-of-bitcoin-btccc-moomoo</link><guid>858036</guid><author>COINS NEWS</author><dc:content /><dc:text>????????????Bitcoin spot ETFs recorded a net weekly outflow of $1.72B. BlackRock clients sold $1,337,200,000 worth of $Bitcoin (BTC.CC)$ - Moomoo</dc:text></item><item><title>Bitcoin climbs above $62,000 as crypto market steadies after brutal selloff - Investing.com</title><description><![CDATA[Bitcoin climbs above $62,000 as crypto market steadies after brutal selloff& & Investing.com]]></description><link>https://coinsnews.com/bitcoin-climbs-above-62000-as-crypto-market-steadies-after-brutal-selloff-investingcom</link><guid>858040</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin climbs above $62,000 as crypto market steadies after brutal selloff - Investing.com</dc:text></item><item><title>'Cancerous' Altcoins And A Struggling Ethereum Could Drag Bitcoin To $38,000, Gary Cardone Warns - Stocktwits</title><description><![CDATA['Cancerous' Altcoins And A Struggling Ethereum Could Drag Bitcoin To $38,000, Gary Cardone Warns& & Stocktwits]]></description><link>https://coinsnews.com/cancerous-altcoins-and-a-struggling-ethereum-could-drag-bitcoin-to-38000-gary-cardone-warns-stocktwits</link><guid>858047</guid><author>COINS NEWS</author><dc:content /><dc:text>'Cancerous' Altcoins And A Struggling Ethereum Could Drag Bitcoin To $38,000, Gary Cardone Warns - Stocktwits</dc:text></item><item><title>'Cancerous' Altcoins And A Struggling Ethereum Could Drag Bitcoin To $38,000, Gary Cardone Warns - Yahoo Finance</title><description><![CDATA['Cancerous' Altcoins And A Struggling Ethereum Could Drag Bitcoin To $38,000, Gary Cardone Warns& & Yahoo Finance]]></description><link>https://coinsnews.com/cancerous-altcoins-and-a-struggling-ethereum-could-drag-bitcoin-to-38000-gary-cardone-warns-yahoo-finance</link><guid>858194</guid><author>COINS NEWS</author><dc:content /><dc:text>'Cancerous' Altcoins And A Struggling Ethereum Could Drag Bitcoin To $38,000, Gary Cardone Warns - Yahoo Finance</dc:text></item><item><title>Bitcoin transaction count nears record high – Massive change of hands underway? - AMBCrypto</title><description><![CDATA[Bitcoin transaction count nears record high – Massive change of hands underway?& & AMBCrypto]]></description><link>https://coinsnews.com/bitcoin-transaction-count-nears-record-high-massive-change-of-hands-underway-ambcrypto</link><guid>858049</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin transaction count nears record high – Massive change of hands underway? - AMBCrypto</dc:text></item><item><title>Germany’s Infamous $2.89 Billion Bitcoin Sale Is Suddenly Looking Smarter - Yahoo Finance</title><description><![CDATA[Germany’s Infamous $2.89 Billion Bitcoin Sale Is Suddenly Looking Smarter& & Yahoo Finance]]></description><link>https://coinsnews.com/germanys-infamous-289-billion-bitcoin-sale-is-suddenly-looking-smarter-yahoo-finance</link><guid>858035</guid><author>COINS NEWS</author><dc:content /><dc:text>Germany’s Infamous $2.89 Billion Bitcoin Sale Is Suddenly Looking Smarter - Yahoo Finance</dc:text></item><item><title>$Bitcoin (BTC.CC)$ lol yall cheering and this is where you are on the daily….???????????? - Moomoo</title><description><![CDATA[$Bitcoin (BTC.CC)$ lol yall cheering and this is where you are on the daily….????????????& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-btccc-lol-yall-cheering-and-this-is-where-you-are-on-the-daily-moomoo</link><guid>858045</guid><author>COINS NEWS</author><dc:content /><dc:text>$Bitcoin (BTC.CC)$ lol yall cheering and this is where you are on the daily….???????????? - Moomoo</dc:text></item><item><title>$Bitcoin (BTC.CC)$ i told you - Moomoo</title><description><![CDATA[$Bitcoin (BTC.CC)$ i told you& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-btccc-i-told-you-moomoo</link><guid>858043</guid><author>COINS NEWS</author><dc:content /><dc:text>$Bitcoin (BTC.CC)$ i told you - Moomoo</dc:text></item><item><title>Hut 8 Prices $4.25B Notes to Build 352MW Texas AI Data Center</title><description><![CDATA[Hut 8 has priced $4.25 billion of senior secured notes to finance a large artificial intelligence (AI) data center project in Texas. The deal marks another major step in the company’s shift from bitcoin mining toward power-backed digital infrastructure. Hut 8 Raises $4.25B to Expand AI Infrastructure Beyond Bitcoin Mining Hut 8 has priced a [&#8230;]]]></description><link>https://coinsnews.com/hut-8-prices-425b-notes-to-build-352mw-texas-ai-data-center</link><guid>858074</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/hut-8-prices-4-25b-notes-to-build-352mw-texas-ai-data-center_nwmk-768x432.jpg</dc:content ><dc:text>Hut 8 Prices $4.25B Notes to Build 352MW Texas AI Data Center</dc:text></item><item><title>Investors Are Selling Bitcoin ETFs. Here's Why Now's the Time to Buy. - Yahoo Finance</title><description><![CDATA[Investors Are Selling Bitcoin ETFs. Here's Why Now's the Time to Buy.& & Yahoo Finance]]></description><link>https://coinsnews.com/investors-are-selling-bitcoin-etfs-heres-why-nows-the-time-to-buy-yahoo-finance</link><guid>858094</guid><author>COINS NEWS</author><dc:content /><dc:text>Investors Are Selling Bitcoin ETFs. Here's Why Now's the Time to Buy. - Yahoo Finance</dc:text></item><item><title>Investors Are Selling Bitcoin ETFs. Here's Why Now's the Time to Buy. - The Motley Fool</title><description><![CDATA[Investors Are Selling Bitcoin ETFs. Here's Why Now's the Time to Buy.& & The Motley Fool]]></description><link>https://coinsnews.com/investors-are-selling-bitcoin-etfs-heres-why-nows-the-time-to-buy-the-motley-fool</link><guid>858041</guid><author>COINS NEWS</author><dc:content /><dc:text>Investors Are Selling Bitcoin ETFs. Here's Why Now's the Time to Buy. - The Motley Fool</dc:text></item><item><title>Travala Rolls out AI Concierge for 2.2M Hotels as Autonomous Travel Takes Shape</title><description><![CDATA[Travala has launched an agentic AI travel protocol allowing autonomous agents to book more than 2.2 million hotels with minimal human intervention. Incentives and the Rise of Agentic Commerce Travala on June 5 launched what it calls the world’s first agentic AI travel protocol, allowing autonomous software agents to search, book, and pay for more [&#8230;]]]></description><link>https://coinsnews.com/travala-rolls-out-ai-concierge-for-22m-hotels-as-autonomous-travel-takes-shape</link><guid>858075</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/travala-ai-bookings-_nwmk-postfix-768x432.jpg</dc:content ><dc:text>Travala Rolls out AI Concierge for 2.2M Hotels as Autonomous Travel Takes Shape</dc:text></item><item><title>So far, bitcoin:native is on track to close its third consecutive red quarter???? - Moomoo</title><description><![CDATA[So far, bitcoin:native is on track to close its third consecutive red quarter????& & Moomoo]]></description><link>https://coinsnews.com/so-far-bitcoinnative-is-on-track-to-close-its-third-consecutive-red-quarter-moomoo</link><guid>858046</guid><author>COINS NEWS</author><dc:content /><dc:text>So far, bitcoin:native is on track to close its third consecutive red quarter???? - Moomoo</dc:text></item><item><title>$Bitcoin (BTC.CC)$ weekly chart. - Moomoo</title><description><![CDATA[$Bitcoin (BTC.CC)$ weekly chart.& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-btccc-weekly-chart-moomoo</link><guid>858048</guid><author>COINS NEWS</author><dc:content /><dc:text>$Bitcoin (BTC.CC)$ weekly chart. - Moomoo</dc:text></item><item><title>New Findings Reveal a Groundbreaking Creation That Redefines Our Understanding of Chance</title><description><![CDATA[ETH Zurich researchers led by Renato Renner built a “perfect die” by entangling two qubits linked through a 30-meter tunnel with microwave photons, then refining the output with a two-source extractor. The Nature-published experiment yields random numbers whose unpredictability is certified by physics, pointing to applications in cryptography and gaming that classical generators cannot match. [&#8230;]]]></description><link>https://coinsnews.com/new-findings-reveal-a-groundbreaking-creation-that-redefines-our-understanding-of-chance</link><guid>858026</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/new-findings-reveal-a-groundbreaking-creation-that-redefines-our-understanding-of-chance-768x432.png</dc:content ><dc:text>New Findings Reveal a Groundbreaking Creation That Redefines Our Understanding of Chance</dc:text></item><item><title>From $255M to $13.7B in 6 Quarters: Leopold Aschenbrenner’s Massive Bet on AI Infrastructure</title><description><![CDATA[Leopold Aschenbrenner just took Situational Awareness LP from $255M to $13.7B in only six quarters. His Q1 2026 filing dropped and one new move stands out as especially sharp. Full breakdown of what he’s doing with AI infrastructure stocks here ???? The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering data [&#8230;]]]></description><link>https://coinsnews.com/from-255m-to-137b-in-6-quarters-leopold-aschenbrenners-massive-bet-on-ai-infrastructure</link><guid>858027</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/leopold-aschenbrenner-his-latest-move_nwmk-768x428.png</dc:content ><dc:text>From $255M to $13.7B in 6 Quarters: Leopold Aschenbrenner’s Massive Bet on AI Infrastructure</dc:text></item><item><title>Bitcoin Price Plunges To $59K, Sparking Fears Of Deeper Decline - TradingView</title><description><![CDATA[Bitcoin Price Plunges To $59K, Sparking Fears Of Deeper Decline& & TradingView]]></description><link>https://coinsnews.com/bitcoin-price-plunges-to-59k-sparking-fears-of-deeper-decline-tradingview</link><guid>858038</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Price Plunges To $59K, Sparking Fears Of Deeper Decline - TradingView</dc:text></item><item><title>Bitcoin faces worst performance in a decade as AI stocks attract investors - Crypto Briefing</title><description><![CDATA[Bitcoin faces worst performance in a decade as AI stocks attract investors& & Crypto Briefing]]></description><link>https://coinsnews.com/bitcoin-faces-worst-performance-in-a-decade-as-ai-stocks-attract-investors-crypto-briefing</link><guid>858050</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin faces worst performance in a decade as AI stocks attract investors - Crypto Briefing</dc:text></item><item><title>Bank of Russia Confirms September Rollout for Digital Ruble, With Top Banks ‘Ready and Connected’</title><description><![CDATA[Alla Bakina, Director of the Bank of Russia’s National Payment System Department, highlighted that most private banks in Russia are ready to provide digital ruble services on September 1. The currency will integrate with the existing universal QR code payment system. Central Bank of Russia: Russian Banks Ready For Digital Ruble Launch While stablecoins have [&#8230;]]]></description><link>https://coinsnews.com/bank-of-russia-confirms-september-rollout-for-digital-ruble-with-top-banks-ready-and-connected</link><guid>858028</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/centralbankrussia_nwmk-768x432.jpg</dc:content ><dc:text>Bank of Russia Confirms September Rollout for Digital Ruble, With Top Banks ‘Ready and Connected’</dc:text></item><item><title>7RCC Brings Bitcoin and Carbon Markets Together in New ETF Launch</title><description><![CDATA[7RCC Global has launched BTCK, an exchange-traded fund (ETF) that combines 80% bitcoin exposure with 20% regulated carbon credit futures. The fund gives investors a listed product that blends digital assets with environmental commodities. BTCK Debuts on NYSE Arca With 80% Bitcoin and 20% Carbon Credit Exposure 7RCC Global has brought one of the crypto [&#8230;]]]></description><link>https://coinsnews.com/7rcc-brings-bitcoin-and-carbon-markets-together-in-new-etf-launch</link><guid>858029</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/7rcc-brings-bitcoin-and-carbon-markets-together-in-new-etf-launch_nwmk-768x432.jpg</dc:content ><dc:text>7RCC Brings Bitcoin and Carbon Markets Together in New ETF Launch</dc:text></item><item><title>‘Decentralized blockchain is inevitable future’- Hunter Biden signals support for Bitcoin - AMBCrypto</title><description><![CDATA[‘Decentralized blockchain is inevitable future’- Hunter Biden signals support for Bitcoin& & AMBCrypto]]></description><link>https://coinsnews.com/decentralized-blockchain-is-inevitable-future-hunter-biden-signals-support-for-bitcoin-ambcrypto</link><guid>858044</guid><author>COINS NEWS</author><dc:content /><dc:text>‘Decentralized blockchain is inevitable future’- Hunter Biden signals support for Bitcoin - AMBCrypto</dc:text></item><item><title>6 Senators Challenge 1,250% Bitcoin Capital Rule They Say Blocks Banks From Crypto</title><description><![CDATA[A growing dispute in Washington over bank capital requirements could have major implications for institutional bitcoin adoption. Senators are challenging a 1,250% risk weight that they argue makes holding BTC prohibitively expensive for regulated banks. Senate Pressure Builds Over Bank Rules That Could Shape Bitcoin Access U.S. senators disclosed on June 4 a renewed push [&#8230;]]]></description><link>https://coinsnews.com/6-senators-challenge-1250-bitcoin-capital-rule-they-say-blocks-banks-from-crypto</link><guid>858030</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitcoin-risk-weight-senators-urge-banking-regulators_nwmk-768x432.jpg</dc:content ><dc:text>6 Senators Challenge 1,250% Bitcoin Capital Rule They Say Blocks Banks From Crypto</dc:text></item><item><title>Bitcoin Sell-off Theory Points to Spacex, OpenAI, Anthropic IPO Mania Draining Crypto Cash</title><description><![CDATA[Bitcoin’s sharp decline is fueling debate over whether investors are selling liquid crypto positions to chase the Spacex IPO and emerging AI opportunities. The theory points to liquidity pressure, ETF outflows, and Strategy’s small BTC sale as contributing factors. Bitcoin Bleeds as Spacex IPO and AI Demand Spark Capital Rotation Debate Bitcoin’s steep weekly drop [&#8230;]]]></description><link>https://coinsnews.com/bitcoin-sell-off-theory-points-to-spacex-openai-anthropic-ipo-mania-draining-crypto-cash</link><guid>858031</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitcoin-sell-off-theory-spacex-openai-ipo-mania_nwmk-768x432.jpg</dc:content ><dc:text>Bitcoin Sell-off Theory Points to Spacex, OpenAI, Anthropic IPO Mania Draining Crypto Cash</dc:text></item><item><title>Latam Insights: The US Claims Pix Restricts Trade, Plus Chile’s Massive $88M Crypto Takedown</title><description><![CDATA[Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, the US targets Brazil’s Pix in a USTR report, Chile dismantles Tren de Aragua’s crypto laundering group, and a sugarcane-powered bitcoin mining project surges in Brazil. US Targets Brazil’s Pix: Trade Report Claims [&#8230;]]]></description><link>https://coinsnews.com/latam-insights-the-us-claims-pix-restricts-trade-plus-chiles-massive-88m-crypto-takedown</link><guid>857977</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/newlatammap_nwmk-768x432.jpg</dc:content ><dc:text>Latam Insights: The US Claims Pix Restricts Trade, Plus Chile’s Massive $88M Crypto Takedown</dc:text></item><item><title>Petition to ban bitcoin in Europe over energy use sets off heated debate - Yahoo</title><description><![CDATA[Petition to ban bitcoin in Europe over energy use sets off heated debate& & Yahoo]]></description><link>https://coinsnews.com/petition-to-ban-bitcoin-in-europe-over-energy-use-sets-off-heated-debate-yahoo</link><guid>858010</guid><author>COINS NEWS</author><dc:content /><dc:text>Petition to ban bitcoin in Europe over energy use sets off heated debate - Yahoo</dc:text></item><item><title>BlackRock buys $33 mln Bitcoin: Why the timing looks almost too perfect - AMBCrypto</title><description><![CDATA[BlackRock buys $33 mln Bitcoin: Why the timing looks almost too perfect& & AMBCrypto]]></description><link>https://coinsnews.com/blackrock-buys-33-mln-bitcoin-why-the-timing-looks-almost-too-perfect-ambcrypto</link><guid>858014</guid><author>COINS NEWS</author><dc:content /><dc:text>BlackRock buys $33 mln Bitcoin: Why the timing looks almost too perfect - AMBCrypto</dc:text></item><item><title>BNB Chain Grows RWA Market 60% to $3.6B as Tokenized Treasuries Lead Q1</title><description><![CDATA[BNB Chain’s first quarter showed a broader network mix, with real-world assets, stablecoins, and artificial intelligence (AI)-native applications gaining ground as trading cooled from Q4’s memecoin surge. The chain also delivered faster block times, lower fees, and stronger developer activity. BNB Chain Processes 1.29B Transactions as Stablecoins and RWAs Gain Ground BNB Chain entered 2026 [&#8230;]]]></description><link>https://coinsnews.com/bnb-chain-grows-rwa-market-60-to-36b-as-tokenized-treasuries-lead-q1</link><guid>857978</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bnb-chain-grows-rwa-market-60-to-3-6b-as-tokenized-treasuries-lead-q1_nwmk-768x432.jpg</dc:content ><dc:text>BNB Chain Grows RWA Market 60% to $3.6B as Tokenized Treasuries Lead Q1</dc:text></item><item><title>Altcoins Lose $520 Billion Amid Sustained Market Struggles – Details</title><description><![CDATA[Seasoned analyst Darkfost reports that altcoins remain in a precarious market position, especially following recent global financial losses. For context, over $1 trillion was wiped out of US financial markets on Friday due to weak sentiment around AI and semiconductor stocks. The widespread decline encompassed losses of 2.6% in the S&amp;P 500, 4.7% in the Nasdaq, and 4% in Bitcoin.
Two Years On, Altcoins Continue To Underperform The Market
For altcoins, the rust runs deeper, as this set of cryptocurrencies has consistently struggled to appreciate since December 2024, showing little correlation with Bitcoin in the current cycle. According to Darkfost, the recent decline indicates that 83% of these alternatives to Bitcoin are trading below their 200-day moving average (200DMA), a key long-term indicator of price growth.
This suggests that investor sentiment towards altcoins is strongly bearish, as capital continues to concentrate in Bitcoin. The analyst further notes that the current reading ranks among the weakest of the present market cycle. Since 2002,  the share of altcoins trading below the 200DMA has largely remained within the 60%–90% range. This suggests a structural market weakness, driving high underperformance across this market segment.
For context, 200DMA represents the average closing price of an asset over the previous 200 trading days. It functions as a dynamic support or resistance level, and is a key measure of overall market health.
Altcoin Woes Translate To $520 Billion Loss
According to additional data shared by Darkfost, the altcoin troubles have also led to a significant loss of market value. The analyst notes that the TOTAL3 chart from Tradingview, which tracks the combined market capitalization of altcoins excluding Ethereum, has shed nearly $520 billion from its peak in October 2025, falling to approximately $670 billion.
This decline has effectively erased months of gains across the broader altcoin market, with TOTAL3 returning to valuation levels last seen in November 2024. The sharp contraction underscores the extent of capital flight from alternative cryptocurrencies as investors increasingly favor Bitcoin amid ongoing market uncertainty.
However, Darkfost argues that periods of extreme pessimism have historically offered some of the most attractive opportunities for long-term investors. In contrast, periods when nearly 90% of altcoins traded above their 200-day moving average—such as in March and December 2024—often coincided with heightened optimism and reduced upside potential.
The analyst also highlighted that the breadth expansion recorded during those periods was the strongest seen since 2017, reflecting an unusually broad participation across the altcoin market.
]]></description><link>https://coinsnews.com/altcoins-lose-520-billion-amid-sustained-market-struggles-details</link><guid>858020</guid><author>COINS NEWS</author><dc:content >https://i0.wp.com/img.cryptoquant.com/563193/quicktake/6dbgn_271d392043ff60b32b7dc4bd3677af03b9a7c482c6a246bdb663e2efbce57bd6.png?resize=1280%2C720&amp;#038;ssl=1</dc:content ><dc:text>Altcoins Lose $520 Billion Amid Sustained Market Struggles – Details</dc:text></item><item><title>NY Court Pauses Default Judgment After Lawyer Argues 39,069 Bitcoin Wallets Were Not Abandoned</title><description><![CDATA[A New York attorney intervened to stop what could have been the largest courtroom judgment in bitcoin in history, filing an amicus brief that persuaded a judge to freeze proceedings targeting nearly 40,000 dormant wallets collectively holding an estimated 3.8 million BTC. 2011-Era Coins Are Moving The legal battle is unfolding alongside a wave of [&#8230;]]]></description><link>https://coinsnews.com/ny-court-pauses-default-judgment-after-lawyer-argues-39069-bitcoin-wallets-were-not-abandoned</link><guid>857979</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/ny-court-freezes-default-judgment-after-lawyer-argues-39069-btc-wallets-arent-abandoned_nwmk-768x432.png</dc:content ><dc:text>NY Court Pauses Default Judgment After Lawyer Argues 39,069 Bitcoin Wallets Were Not Abandoned</dc:text></item><item><title>Ethereum Co-Founder Joseph Lubin’s Wallet Stirs After 3 Years, Moving 80,001 ETH Worth $121.6M</title><description><![CDATA[A wallet linked to Ethereum co-founder Joseph Lubin transferred 80,001 ether, after more than three years of inactivity. The movement landed as ETH changed hands at a local low of $1,520 earlier this week. A Long-Dormant Wallet Wakes Up The wallet still holds 243,300 ETH worth roughly $370 million, and the 80,001 ETH that exited [&#8230;]]]></description><link>https://coinsnews.com/ethereum-co-founder-joseph-lubins-wallet-stirs-after-3-years-moving-80001-eth-worth-1216m</link><guid>857980</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/ethereum-co-founder-joseph-lubins-wallet-stirs-after-3-years-moving-80001-eth-worth-121-6m_nwmk-768x432.png</dc:content ><dc:text>Ethereum Co-Founder Joseph Lubin’s Wallet Stirs After 3 Years, Moving 80,001 ETH Worth $121.6M</dc:text></item><item><title>Analyst Predicts When Bitcoin Price Will Reach $100,000 In 2026 - TradingView</title><description><![CDATA[Analyst Predicts When Bitcoin Price Will Reach $100,000 In 2026& & TradingView]]></description><link>https://coinsnews.com/analyst-predicts-when-bitcoin-price-will-reach-100000-in-2026-tradingview</link><guid>858042</guid><author>COINS NEWS</author><dc:content /><dc:text>Analyst Predicts When Bitcoin Price Will Reach $100,000 In 2026 - TradingView</dc:text></item><item><title>Ethereum Has 3x More Holders Than Bitcoin Despite a Brutal Price Decline: Analyst - CryptoPotato</title><description><![CDATA[Ethereum Has 3x More Holders Than Bitcoin Despite a Brutal Price Decline: Analyst& & CryptoPotato]]></description><link>https://coinsnews.com/ethereum-has-3x-more-holders-than-bitcoin-despite-a-brutal-price-decline-analyst-cryptopotato</link><guid>858015</guid><author>COINS NEWS</author><dc:content /><dc:text>Ethereum Has 3x More Holders Than Bitcoin Despite a Brutal Price Decline: Analyst - CryptoPotato</dc:text></item><item><title>Zcash Suffers Historic Collapse As Billions Vanish From Market Value</title><description><![CDATA[The cryptocurrency market was shaken by a dramatic collapse in Zcash price, with the privacy-focused digital asset losing more than half of its value in just 24 hours. This sudden decline erased billions of dollars from its market capitalization, making it one of the most significant single-day drawdowns seen in the sector this year.
What Triggered Zcash’s Dramatic Market Collapse?
The dramatic collapse in Zcash may be tied to fear surrounding a recently disclosed vulnerability affecting the network&#8217;s privacy infrastructure. In a recent post on X, an analyst known as Bull Theory revealed that the biggest privacy coin lost over 50% of its value within 24 hours, erasing $5 billion from its market capitalization. This sharp selloff was hidden inside the Zcash Orchard privacy pool since May 2022 and remained undetected for nearly four years despite multiple security audits.
Reports indicate that security researcher Taylor Hornby identified the issue using the Claude Opus 4.8 artificial intelligence and successfully developed a working proof-of-concept that generated counterfeit ZEC during local testing on May 29. Although the bug has now been patched as of June 2, the deeper concern is that Zcash&#8217;s privacy design makes it impossible to know if any counterfeit ZEC was minted before the fix.
Unlike Bitcoin, where the total supply can be independently verified on-chain, Zcash&#8217;s privacy design makes it difficult to confirm whether any counterfeit coins were secretly minted before the fix. While the development team maintains that no fake ZEC was minted, the lack of verifiability has fueled uncertainty and panic among traders who sell their holdings.
This situation highlights a fundamental trade-off between privacy and transparency. As a result, Shielded Labs is now exploring a proposed network upgrade that would allow participants to verify the integrity of the Zcash total supply, aiming to restore confidence across ZEC’s ecosystem.
World-Class Security Research Remains Central To Zcash’s Development
Zcash&#8217;s strength lies in the caliber of its cryptographers, security engineers, and security researchers. Co-Founder of Gemini, Cypherpunk, Winklevosscap Guitars, and Marsjunction, Cameron Winklevoss, has explained that the community is heavily focused on continuous improvement and hardening the network. 
This proactive approach is precisely why the project actively engages world-class security researchers to search for vulnerabilities, an effort that led to the recent discovery of a potential exploit. Winklevoss frames the incident as a positive signal rather than a cause for alarm. In complex Layer 1 systems, no blockchain network is immune to bugs. 
What is important is that there are world-class researchers focused on hardening the network and staying ahead of the villain. This dynamic, where elite researchers are constantly testing and strengthening the system, is fundamental to building resilient and secure infrastructure.
]]></description><link>https://coinsnews.com/zcash-suffers-historic-collapse-as-billions-vanish-from-market-value</link><guid>858021</guid><author>COINS NEWS</author><dc:content /><dc:text>Zcash Suffers Historic Collapse As Billions Vanish From Market Value</dc:text></item><item><title>Bhutan Offloads 738 Bitcoin Worth $44.88M as Sovereign Drawdown Meets a $60K BTC</title><description><![CDATA[The Royal Government of Bhutan has shifted another 738 bitcoin worth roughly $44.88 million on June 6, extending a months-long drawdown of the Himalayan kingdom’s state BTC reserves. A Repeated Pattern of State Transfers Government-linked wallets have moved bitcoin repeatedly through 2026, with all of the activity managed through Druk Holding and Investments (DHI), the [&#8230;]]]></description><link>https://coinsnews.com/bhutan-offloads-738-bitcoin-worth-4488m-as-sovereign-drawdown-meets-a-60k-btc</link><guid>857981</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2025/03/bhutanbhutan-768x432.png</dc:content ><dc:text>Bhutan Offloads 738 Bitcoin Worth $44.88M as Sovereign Drawdown Meets a $60K BTC</dc:text></item><item><title>Bitcoin's Biggest Buyer Just Sold Some. Should Other Investors Follow Suit? - Yahoo Finance</title><description><![CDATA[Bitcoin's Biggest Buyer Just Sold Some. Should Other Investors Follow Suit?& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoins-biggest-buyer-just-sold-some-should-other-investors-follow-suit-yahoo-finance</link><guid>858013</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin's Biggest Buyer Just Sold Some. Should Other Investors Follow Suit? - Yahoo Finance</dc:text></item><item><title>Bitcoin's Biggest Buyer Just Sold Some. Should Other Investors Follow Suit? - The Motley Fool</title><description><![CDATA[Bitcoin's Biggest Buyer Just Sold Some. Should Other Investors Follow Suit?& & The Motley Fool]]></description><link>https://coinsnews.com/bitcoins-biggest-buyer-just-sold-some-should-other-investors-follow-suit-the-motley-fool</link><guid>858011</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin's Biggest Buyer Just Sold Some. Should Other Investors Follow Suit? - The Motley Fool</dc:text></item><item><title>Zcash to Worldcoin: ZachXBT Says Arthur Hayes Turned 4 Token Calls Into ‘Exit Liquidity’</title><description><![CDATA[Onchain investigator ZachXBT accused BitMEX co-founder Arthur Hayes of turning his own audience into “exit liquidity,” saying Hayes most recently promoted Worldcoin token (WLD) and then sold it shortly afterward, capping a roughly 15-day stretch in which he exited four publicly hyped positions. A Familiar Sequence of Hype and Exit ZachXBT leveled the charge in [&#8230;]]]></description><link>https://coinsnews.com/zcash-to-worldcoin-zachxbt-says-arthur-hayes-turned-4-token-calls-into-exit-liquidity</link><guid>857982</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2023/11/hayesss-768x432.jpg</dc:content ><dc:text>Zcash to Worldcoin: ZachXBT Says Arthur Hayes Turned 4 Token Calls Into ‘Exit Liquidity’</dc:text></item><item><title>Bitcoin, Ether Eye Worst Weekly Rout Since FTX Collapse as Cryptos Shed $390 Billion - Moomoo</title><description><![CDATA[Bitcoin, Ether Eye Worst Weekly Rout Since FTX Collapse as Cryptos Shed $390 Billion& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-ether-eye-worst-weekly-rout-since-ftx-collapse-as-cryptos-shed-390-billion-moomoo</link><guid>857888</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin, Ether Eye Worst Weekly Rout Since FTX Collapse as Cryptos Shed $390 Billion - Moomoo</dc:text></item><item><title>Crypto's brutal week: Bitcoin (BTC), Ether (ETH) suffer worst weekly drop since FTX crash - CoinDesk</title><description><![CDATA[Crypto's brutal week: Bitcoin (BTC), Ether (ETH) suffer worst weekly drop since FTX crash& & CoinDesk]]></description><link>https://coinsnews.com/cryptos-brutal-week-bitcoin-btc-ether-eth-suffer-worst-weekly-drop-since-ftx-crash-coindesk</link><guid>857894</guid><author>COINS NEWS</author><dc:content /><dc:text>Crypto's brutal week: Bitcoin (BTC), Ether (ETH) suffer worst weekly drop since FTX crash - CoinDesk</dc:text></item><item><title>Anthony Pompliano Says Ignore Screeching Bears That Declare Bitcoin Dead Every 4 Years: 'They Are Wrong Every Time' - Yahoo Finance</title><description><![CDATA[Anthony Pompliano Says Ignore Screeching Bears That Declare Bitcoin Dead Every 4 Years: 'They Are Wrong Every Time'& & Yahoo Finance]]></description><link>https://coinsnews.com/anthony-pompliano-says-ignore-screeching-bears-that-declare-bitcoin-dead-every-4-years-they-are-wrong-every-time-yahoo-finance</link><guid>858012</guid><author>COINS NEWS</author><dc:content /><dc:text>Anthony Pompliano Says Ignore Screeching Bears That Declare Bitcoin Dead Every 4 Years: 'They Are Wrong Every Time' - Yahoo Finance</dc:text></item><item><title>The Next Bitcoin ETF Boom May Be Coming From Japan – Here’s Why</title><description><![CDATA[The US Spot Bitcoin ETFs are experiencing a sustained bearish performance, especially as the premier cryptocurrency succumbs to another wave of correction. Recent data suggest that these ETFs recorded 13 consecutive trading days of net outflows between Mid-May and early June, with investors pulling out about $4.33 billion. Nevertheless, these assets still boast of net assets valued at $75.12 billion. 
In a quicktake post on the CryptoQuant platform, analytics group XWIN Research Japan reported that after years of approving the US Spot Bitcoin ETFs, investors and market participants are starting to anticipate which country might produce the next major ETF market, with Japan emerging as a likely candidate.
Regulatory Reforms Strengthen Japan&#8217;s Bitcoin ETF Prospects
In a QuickTake post on June 3, XWIN analysts report that, first, Japanese regulators were pushing reforms that would shift the jurisdiction of crypto assets from the Payment Service Act framework to the Financial Instruments and Exchange Act, so they could be recognized as investment products. With confidence, the seasoned analyst asserted that these changes have gradually shifted the discussion from “if” to “when” a Bitcoin ETF will be approved.
If the regulation reforms were successful, it is worth noting that there are about ¥2,350 trillion ($14.66 trillion) in household financial assets and about ¥300 trillion ($1.87 trillion) in investment funds. Based on adoption rates in other markets, the Japanese Spot Bitcoin ETF could attract up to ¥900 billion ($5.61 billion) in a conservative scenario that assumes events develop relatively slowly.
&amp;
In a base-case and most-likely scenario, deposits in the Japanese Bitcoin ETF could surge to around ¥1.4 trillion ($8.73 billion) upon launch. In a bullish scenario that assumes strong growth, high investor interest, and very positive market conditions, the inflow could possibly rise  ¥3.1 trillion ($19.34 billion) during its first year. He stated that at current prices, a ¥1.4 trillion inflow would represent demand for approximately 140,000 BTC.
Finally, he added that the most pressing impact of the Japanese Bitcoin ETF launch goes beyond price appreciation. A spot Bitcoin ETF would allow investors to participate more easily, enable wealth managers to recommend Bitcoin exposure to clients, make institutional investors feel more comfortable investing, and give Bitcoin greater legitimacy within traditional finance.
Bitcoin Price At A Glance 
As of this writing, the price of BTC stands around $61,038, reflecting a 2.81% decline in the past 24 hours.
]]></description><link>https://coinsnews.com/the-next-bitcoin-etf-boom-may-be-coming-from-japan-heres-why</link><guid>857966</guid><author>COINS NEWS</author><dc:content >https://i0.wp.com/img.cryptoquant.com/726807/quicktake/FK1IkN4_44c334bab8db3b991124c06402bea6af708a4b8787c7906ea5940b7b2c1a5195.png?resize=1024%2C768&amp;#038;ssl=1</dc:content ><dc:text>The Next Bitcoin ETF Boom May Be Coming From Japan – Here’s Why</dc:text></item><item><title>Michael Saylor Sees 4 Bitcoin Ideologies Testing BTC’s Future</title><description><![CDATA[Bitcoin’s next chapter may be shaped by four competing visions for how the network should grow. Strategy Executive Chairman Michael Saylor’s framework argues that decisions around adoption, innovation, and decentralization could influence BTC’s role in the global financial system. 4 Bitcoin Camps Put BTC’s Future Path Under New Scrutiny Strategy (Nasdaq: MSTR) Executive Chairman Michael [&#8230;]]]></description><link>https://coinsnews.com/michael-saylor-sees-4-bitcoin-ideologies-testing-btcs-future</link><guid>857983</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/michael-saylor-four-ideologies-of-bitcoin_nwmk-768x432.jpg</dc:content ><dc:text>Michael Saylor Sees 4 Bitcoin Ideologies Testing BTC’s Future</dc:text></item><item><title>Coinbase CEO Brian Armstrong Defends Bitcoin as the Price Crashes - Benzinga</title><description><![CDATA[Coinbase CEO Brian Armstrong Defends Bitcoin as the Price Crashes& & Benzinga]]></description><link>https://coinsnews.com/coinbase-ceo-brian-armstrong-defends-bitcoin-as-the-price-crashes-benzinga</link><guid>857912</guid><author>COINS NEWS</author><dc:content /><dc:text>Coinbase CEO Brian Armstrong Defends Bitcoin as the Price Crashes - Benzinga</dc:text></item><item><title>Fannie Mae Bitcoin Down Payments Test Crypto’s Role In Mortgage Growth - Yahoo Finance</title><description><![CDATA[Fannie Mae Bitcoin Down Payments Test Crypto’s Role In Mortgage Growth& & Yahoo Finance]]></description><link>https://coinsnews.com/fannie-mae-bitcoin-down-payments-test-cryptos-role-in-mortgage-growth-yahoo-finance</link><guid>857887</guid><author>COINS NEWS</author><dc:content /><dc:text>Fannie Mae Bitcoin Down Payments Test Crypto’s Role In Mortgage Growth - Yahoo Finance</dc:text></item><item><title>Bitcoin Standard Treasury Company nears SPAC merger completion with Cantor Equity Partners by month-end - Crypto Briefing</title><description><![CDATA[Bitcoin Standard Treasury Company nears SPAC merger completion with Cantor Equity Partners by month-end& & Crypto Briefing]]></description><link>https://coinsnews.com/bitcoin-standard-treasury-company-nears-spac-merger-completion-with-cantor-equity-partners-by-month-end-crypto-briefing</link><guid>857911</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Standard Treasury Company nears SPAC merger completion with Cantor Equity Partners by month-end - Crypto Briefing</dc:text></item><item><title>Zcash Bug Discovered, Binance Predictions Trillions in Tokenized Equity Inflows, and More – Week In Review</title><description><![CDATA[Forward Industries moved $32 million in SOL to Coinbase Prime, reviving fears that the largest corporate Solana holder could add fresh sell pressure while sitting deep underwater. Zcash then faced a double blow as developers patched a critical counterfeit-minting bug and Arthur Hayes exited his position, deepening the selloff. Meanwhile, major U.S. banks explored tokenized [&#8230;]]]></description><link>https://coinsnews.com/zcash-bug-discovered-binance-predictions-trillions-in-tokenized-equity-inflows-and-more-week-in-review</link><guid>857984</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/zcash-bug-discovered-binance-predictions-trillions-in-tokenized-equity-inflows-and-more--week-in-review_nwmk-768x432.png</dc:content ><dc:text>Zcash Bug Discovered, Binance Predictions Trillions in Tokenized Equity Inflows, and More – Week In Review</dc:text></item><item><title>Bitcoin odds: traders forecast a low of $44K in 2026 - Kalshi</title><description><![CDATA[Bitcoin odds: traders forecast a low of $44K in 2026& & Kalshi]]></description><link>https://coinsnews.com/bitcoin-odds-traders-forecast-a-low-of-44k-in-2026-kalshi</link><guid>857903</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin odds: traders forecast a low of $44K in 2026 - Kalshi</dc:text></item><item><title>Bitcoin Risks $55K Slide as Analyst Doubles Down on $100K Target</title><description><![CDATA[Bitcoin is testing a critical support area as investors assess whether the $60,000 level can hold. A strategist said a break lower could bring $55,000 into focus, while maintaining support could help preserve the case for a $100,000 year-end target. Why Bitcoin’s Key Support Zone Could Define the Next Market Move Bitcoin could revisit $55,000 [&#8230;]]]></description><link>https://coinsnews.com/bitcoin-risks-55k-slide-as-analyst-doubles-down-on-100k-target</link><guid>857985</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitcoin-falling-55k-21shares_nwmk-768x432.jpg</dc:content ><dc:text>Bitcoin Risks $55K Slide as Analyst Doubles Down on $100K Target</dc:text></item><item><title>FBI Cracks Down On Alleged ISIS Crypto Donors, 3 Americans Arrested</title><description><![CDATA[A drone projectile allegedly carried the name of one of the three men now accused in a federal ISIS support case, a detail that gave investigators a rare look at how the alleged plot was being imagined. Federal authorities say the men also moved more than $2,000 in crypto and cash while discussing attacks on US servicemembers overseas.
Messages, Calls, And Money
According to the Department of Justice, the arrests came on Friday after FBI teams moved in on suspects in Kansas and California. The men identified as Bisaam Ghafoor, 21, Elias Shamsaldeen, 21, and Bereen Dzayee, 25, were charged with conspiring to provide material support to ISIS, a designated foreign terrorist organization.
Prosecutors say the alleged scheme ran from at least February 2025 through June 2026 and stretched across Discord chats, voice calls, encrypted apps, and other platforms. In those exchanges, investigators say, the men pledged allegiance to ISIS and its leader, talked about travel outside the US, and discussed violent attacks against American personnel.
Three Arrested in Kansas and California, Charged with Plot to Support ISIS: Three U.S. Citizens Allegedly Discussed Violent Attacks and Tried to Develop a Cryptocurrency Scheme to Buy RPGs and Drones to Attack U.S. Servicemembers
“This administration has put terrorists, cartels,… pic.twitter.com/gyMCnmXloq
— U.S. Department of Justice (@TheJusticeDept) June 5, 2026
The complaint says the group sent funds to someone they believed was tied to ISIS and discussed using the money to buy weapons, including drones and rocket-propelled grenades. One exchange reportedly focused on putting Ghafoor’s name on a drone, while another involved plans to use drones against US Special Forces.
A Multi-State Arrest
The FBI arrested the three men in Kansas City, Kansas, San Diego, and Sacramento, with help from multiple field offices and the Justice Department’s national security team.
Acting Attorney General Todd Blanche said the arrests stopped a plot before anyone was hurt, while FBI Director Kash Patel said the bureau moved to stop the suspects before any attack could happen.
Officials said the case came out of a joint terrorism effort led by FBI offices in Kansas City, San Diego, and Sacramento. The investigation also drew support from FBI offices in Richmond and Newark, showing how widely the case had spread before the arrests were made.
What Prosecutors Say Happened
Court records quoted in the DOJ release describe the men discussing ways to stab a US servicemember, hurt American troops overseas, and die for ISIS.
Prosecutors also said Ghafoor made threats against Americans and that the group talked about going abroad to fight for the organization.
Featured image from Pexels, chart from TradingView
]]></description><link>https://coinsnews.com/fbi-cracks-down-on-alleged-isis-crypto-donors-3-americans-arrested</link><guid>857967</guid><author>COINS NEWS</author><dc:content /><dc:text>FBI Cracks Down On Alleged ISIS Crypto Donors, 3 Americans Arrested</dc:text></item><item><title>‘Fiat Is a Sham’: Hunter Biden Goes Viral With Explosive Praise for Crypto and Blockchain</title><description><![CDATA[After criticizing the Donald Trump Administration’s actions on social media, Biden stressed that it would use Hyperliquid as a tool to fight the Democrats’ anti- crypto army. He also stated that Andreas Antonopoulos’ book opened his eyes to crypto and that politicians underestimated crypto’s true value. Hunter Biden Talks Crypto on Social Media Hunter Biden, [&#8230;]]]></description><link>https://coinsnews.com/fiat-is-a-sham-hunter-biden-goes-viral-with-explosive-praise-for-crypto-and-blockchain</link><guid>857986</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/hunterbiden_nwmk-768x432.jpg</dc:content ><dc:text>‘Fiat Is a Sham’: Hunter Biden Goes Viral With Explosive Praise for Crypto and Blockchain</dc:text></item><item><title>South Korean Traders Push Bitcoin Into Its Deepest Discount Since 2021</title><description><![CDATA[As bitcoin slipped to a 2026 low of $59,100, market data reveals that BTC priced against the South Korean won has been changing hands at a discount. In fact, the Kimchi premium has vanished, and bitcoin has been trading below global market prices in South Korea for nearly a month. Nearly a Month of Discounts [&#8230;]]]></description><link>https://coinsnews.com/south-korean-traders-push-bitcoin-into-its-deepest-discount-since-2021</link><guid>857876</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/south-korean-traders-push-bitcoin-into-its-deepest-discount-since-2021_nwmk-768x432.png</dc:content ><dc:text>South Korean Traders Push Bitcoin Into Its Deepest Discount Since 2021</dc:text></item><item><title>“Bitcoin remains the premier asset for the long term.” - Moomoo</title><description><![CDATA[“Bitcoin remains the premier asset for the long term.”& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-remains-the-premier-asset-for-the-long-term-moomoo</link><guid>857905</guid><author>COINS NEWS</author><dc:content /><dc:text>“Bitcoin remains the premier asset for the long term.” - Moomoo</dc:text></item><item><title>Wall Street Veteran Jordi Visser Says Bitcoin Charts Show 'No Hope' Yet - He's Still Buying The Dip - TradingView</title><description><![CDATA[Wall Street Veteran Jordi Visser Says Bitcoin Charts Show 'No Hope' Yet - He's Still Buying The Dip& & TradingView]]></description><link>https://coinsnews.com/wall-street-veteran-jordi-visser-says-bitcoin-charts-show-no-hope-yet-hes-still-buying-the-dip-tradingview</link><guid>857917</guid><author>COINS NEWS</author><dc:content /><dc:text>Wall Street Veteran Jordi Visser Says Bitcoin Charts Show 'No Hope' Yet - He's Still Buying The Dip - TradingView</dc:text></item><item><title>Solana Price Below $65 For The First Time Since 2023: Crucial Levels To Watch</title><description><![CDATA[The Solana price unsurprisingly crumbled under the weight of the bears, as the general cryptocurrency market saw a wave of downward pressure over the past week. The altcoin crashed towards the $60 mark on Friday, June 5th, its lowest price level since late 2023.
Given the strength of this recent bearish move, market expectations are tilting towards a continuation of the downturn over the next few weeks. With this in mind, below are some of the critical Solana price levels to watch in the near term.
On-Chain Data Shows SOL’s Next Support Level Lies Around $53
In a June 5th post on the X platform, crypto analyst Ali Martinez shared an on-chain insight into the next levels critical to the future of the Solana price. This observation is based on the UTXO Realized Price Distribution (URPD) metric, which tracks the volume of a particular cryptocurrency purchased at a specific price level.
Using this on-chain data, the URPD indicator maps out price zones with significant investor activity (where many investors have their cost basis). Because of significant investor activity in the region, these cost basis levels typically act as support and resistance for the cryptocurrency’s price (in this case, Solana).
The mechanics behind this are that investors tend to act in the market when an asset&#8217;s price returns to their cost basis. 
If investors have been in profit and the asset’s price falls to their entry point, they tend to buy more, defending their cost basis and forming a support cushion. Meanwhile, investors who have been in the red tend to sell when the price nears their cost basis, resulting in price resistance.
In his post on X, Martinez highlighted that the Solana price just lost a significant support cushion around $77. The market analyst then identified $53 as the next crucial price support for the altcoin, with barely any cushion between SOL’s current price and this immediate floor. 
In the event that the Solana price falls and loses the $53 support, the next critical levels lie around $35 and $24. While it would take severe further capitulation for the price of SOL to fall towards these identified levels, the return of demand in the spot market is necessary for any recovery to begin.
Solana Price At A Glance
As of this writing, the price of SOL stands at around $63.23, with a nearly 8% downslide in the past 24 hours.
]]></description><link>https://coinsnews.com/solana-price-below-65-for-the-first-time-since-2023-crucial-levels-to-watch</link><guid>857968</guid><author>COINS NEWS</author><dc:content /><dc:text>Solana Price Below $65 For The First Time Since 2023: Crucial Levels To Watch</dc:text></item><item><title>Bitcoin ‘is being tapped to fund the market’s upcoming trades’ – ProCap CIO - AMBCrypto</title><description><![CDATA[Bitcoin ‘is being tapped to fund the market’s upcoming trades’ – ProCap CIO& & AMBCrypto]]></description><link>https://coinsnews.com/bitcoin-is-being-tapped-to-fund-the-markets-upcoming-trades-procap-cio-ambcrypto</link><guid>857910</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin ‘is being tapped to fund the market’s upcoming trades’ – ProCap CIO - AMBCrypto</dc:text></item><item><title>Goldman Sachs, Apex Group, and Archax Build Institutional Tokenized Real Estate Fund</title><description><![CDATA[Goldman Sachs has launched a blockchain-native tokenized real estate fund on its GS DAP platform, partnering with Apex Group, Archax, LRC Group, and Ownera to bring regulated onchain share issuance to European real estate investors. The fund, formally structured as the LRC Tokenized Real Estate Fund SCSp, SICAV-RAIF, is domiciled in Luxembourg and distributed across [&#8230;]]]></description><link>https://coinsnews.com/goldman-sachs-apex-group-and-archax-build-institutional-tokenized-real-estate-fund</link><guid>857877</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/goldman-sachs-apex-group-and-archax-build-institutional-tokenized-real-estate-fund_nwmk-768x432.png</dc:content ><dc:text>Goldman Sachs, Apex Group, and Archax Build Institutional Tokenized Real Estate Fund</dc:text></item><item><title>Bitcoin slump halves US government holdings to $21B - Crypto Briefing</title><description><![CDATA[Bitcoin slump halves US government holdings to $21B& & Crypto Briefing]]></description><link>https://coinsnews.com/bitcoin-slump-halves-us-government-holdings-to-21b-crypto-briefing</link><guid>857909</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin slump halves US government holdings to $21B - Crypto Briefing</dc:text></item><item><title>The market prices a 65% chance of Bitcoin falling below $50K – Will it happen? - AMBCrypto</title><description><![CDATA[The market prices a 65% chance of Bitcoin falling below $50K – Will it happen?& & AMBCrypto]]></description><link>https://coinsnews.com/the-market-prices-a-65-chance-of-bitcoin-falling-below-50k-will-it-happen-ambcrypto</link><guid>857914</guid><author>COINS NEWS</author><dc:content /><dc:text>The market prices a 65% chance of Bitcoin falling below $50K – Will it happen? - AMBCrypto</dc:text></item><item><title>Bitcoin Has Dumped All of Its Gains Since Trump Was Reelected—And Then Some - Yahoo Finance</title><description><![CDATA[Bitcoin Has Dumped All of Its Gains Since Trump Was Reelected—And Then Some& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-has-dumped-all-of-its-gains-since-trump-was-reelectedand-then-some-yahoo-finance</link><guid>857897</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Has Dumped All of Its Gains Since Trump Was Reelected—And Then Some - Yahoo Finance</dc:text></item><item><title>Bitcoin Has Dumped All of Its Gains Since Trump Was Reelected—And Then Some - Decrypt</title><description><![CDATA[Bitcoin Has Dumped All of Its Gains Since Trump Was Reelected—And Then Some& & Decrypt]]></description><link>https://coinsnews.com/bitcoin-has-dumped-all-of-its-gains-since-trump-was-reelectedand-then-some-decrypt</link><guid>857904</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Has Dumped All of Its Gains Since Trump Was Reelected—And Then Some - Decrypt</dc:text></item><item><title>Bitcoin ETFs Bleed $326M as BTC Sinks to $59K and Ether Slides Toward $1,500</title><description><![CDATA[U.S. spot bitcoin exchange-traded funds (ETFs) recorded $326 million in net outflows on June 5, while U.S. spot ether ETFs lost $5.97 million. The fresh redemptions resumed selling pressure barely a day after both products had snapped long outflow streaks. Outflows Return After a Brief Reprieve Spot ETFs are regulated funds that hold bitcoin or [&#8230;]]]></description><link>https://coinsnews.com/bitcoin-etfs-bleed-326m-as-btc-sinks-to-59k-and-ether-slides-toward-1500</link><guid>857878</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitcoin-etfs-lose-519m-as-grayscales-gsol-pulls-in-fresh-solana-demand_nwmk-768x432.jpg</dc:content ><dc:text>Bitcoin ETFs Bleed $326M as BTC Sinks to $59K and Ether Slides Toward $1,500</dc:text></item><item><title>Michael Saylor Fires Back At Jim Cramer’s ‘Murder’ Jab While Strategy Sits At $12 Billion Paper Loss - Stocktwits</title><description><![CDATA[Michael Saylor Fires Back At Jim Cramer’s ‘Murder’ Jab While Strategy Sits At $12 Billion Paper Loss& & Stocktwits]]></description><link>https://coinsnews.com/michael-saylor-fires-back-at-jim-cramers-murder-jab-while-strategy-sits-at-12-billion-paper-loss-stocktwits</link><guid>857913</guid><author>COINS NEWS</author><dc:content /><dc:text>Michael Saylor Fires Back At Jim Cramer’s ‘Murder’ Jab While Strategy Sits At $12 Billion Paper Loss - Stocktwits</dc:text></item><item><title>Securitize Moves Toward NYSE Listing After SEC Clears Merger Filing</title><description><![CDATA[The SEC has declared effective the registration statement tied to Securitize’s planned merger with Cantor Equity Partners II. If shareholders approve the deal, the tokenization firm is expected to list on the NYSE under the ticker SECZ. Securitize Expands Wall Street Tokenization Push as SEC Clears SPAC Deal Securitize is a step closer to becoming [&#8230;]]]></description><link>https://coinsnews.com/securitize-moves-toward-nyse-listing-after-sec-clears-merger-filing</link><guid>857879</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/securitize-moves-toward-nyse-listing-after-sec-clears-merger-filing_nwmk-768x432.png</dc:content ><dc:text>Securitize Moves Toward NYSE Listing After SEC Clears Merger Filing</dc:text></item><item><title>Peter Schiff Says 'Young' People Who Made Money Early With Bitcoin Dishing Out Financial Advice: 'Don't Confuse Brains With A Bull Market' - Yahoo Finance</title><description><![CDATA[Peter Schiff Says 'Young' People Who Made Money Early With Bitcoin Dishing Out Financial Advice: 'Don't Confuse Brains With A Bull Market'& & Yahoo Finance]]></description><link>https://coinsnews.com/peter-schiff-says-young-people-who-made-money-early-with-bitcoin-dishing-out-financial-advice-dont-confuse-brains-with-a-bull-market-yahoo-finance</link><guid>857891</guid><author>COINS NEWS</author><dc:content /><dc:text>Peter Schiff Says 'Young' People Who Made Money Early With Bitcoin Dishing Out Financial Advice: 'Don't Confuse Brains With A Bull Market' - Yahoo Finance</dc:text></item><item><title>A crypto pioneer who turned a $20 million family stake into a billion-dollar fund doubles down on bitcoin - CoinDesk</title><description><![CDATA[A crypto pioneer who turned a $20 million family stake into a billion-dollar fund doubles down on bitcoin& & CoinDesk]]></description><link>https://coinsnews.com/a-crypto-pioneer-who-turned-a-20-million-family-stake-into-a-billion-dollar-fund-doubles-down-on-bitcoin-coindesk</link><guid>857889</guid><author>COINS NEWS</author><dc:content /><dc:text>A crypto pioneer who turned a $20 million family stake into a billion-dollar fund doubles down on bitcoin - CoinDesk</dc:text></item><item><title>Bitcoin Reserves Resuscitation, Iran War Falls Into The Background, But What’s Going On With BTC?</title><description><![CDATA[Bitcoin has fallen to new lows in this bear cycle, dropping below the psychological $60,000 level. This comes amid the U.S.-Iran war, which has remained muted for a while. At the same time, U.S. Treasury Scott Bessent provided an update on the Strategic BTC Reserve. 
Price Falls Amid Developments With Bitcoin Reserves
BTC has fallen to its lowest level since it topped in October 2025, dropping to around $59,000 yesterday, taking out the February low of $60,000. This also marks the lowest point since the U.S.-Iran war began towards the end of February. This crash for BTC has come amid the Strategy’s sale from its BTC Reserve, with the company selling 32 BTC. 
This marked the first time Strategy had sold BTC from its Bitcoin Reserve since 2022, when it sold for tax-loss harvesting. Notably, Bitcoin was trading at above $71,000 prior to Strategy’s filing, which revealed the sale. Since then, the leading crypto has been on a decline, down over 17% this week.
However, Michael Saylor has indicated that the BTC decline isn’t due to the sale from their BTC reserve but rather the flow of liquidity from crypto towards building AI infrastructure. He also noted that Bitcoin ETFs have seen $4 billion in outflows since mid-May, thereby putting pressure on the BTC price. 
It is worth noting that the U.S.-Iran war has receded into the background during this period, with BTC largely unaffected by recent developments. Earlier this week, U.S. President Donald Trump revealed that talks between the U.S. and Iran were still ongoing, despite reports that negotiations had paused. However, BTC remained largely unchanged and continued its decline, falling below $70,000. 
Scott Bessent Gives Update On U.S. BTC Reserve
Speaking during a hearing before the Senate Finance Committee, US Treasury Secretary Scott Bessent said that the plans to create a Strategic Bitcoin Reserve were moving with deliberate speed. However, he noted that BTC is a new technology, and so creating the reserve hasn’t been straightforward. 
Last year, President Trump signed an executive order establishing a Strategic Bitcoin Reserve. The U.S. Treasury is tasked with setting up this initiative and mapping out budget-neutral ways to accumulate more BTC. The executive order stated that seized BTC should be used to set up this reserve, with the U.S. currently holding 328,372 BTC, according to BitcoinTreasuries data. 
Meanwhile, U.S. lawmakers are currently working on ways to codify the Strategic Bitcoin Reserve executive order. U.S. Rep. Nick Begich recently unveiled the ‘American Reserve Modernization Act,’ which establishes a BTC Reserve and mandates that the U.S. Treasury explore budget-neutral ways to accumulate more BTC. 
At the time of writing, the Bitcoin price is trading at around $60,000, down over 5% in the last 24 hours, according to data from CoinMarketCap.
]]></description><link>https://coinsnews.com/bitcoin-reserves-resuscitation-iran-war-falls-into-the-background-but-whats-going-on-with-btc</link><guid>857969</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Reserves Resuscitation, Iran War Falls Into The Background, But What’s Going On With BTC?</dc:text></item><item><title>Man scammed into depositing $16,000 in bitcoin machine, Denton police say - Denton Record-Chronicle</title><description><![CDATA[Man scammed into depositing $16,000 in bitcoin machine, Denton police say& & Denton Record-Chronicle]]></description><link>https://coinsnews.com/man-scammed-into-depositing-16000-in-bitcoin-machine-denton-police-say-denton-record-chronicle</link><guid>857901</guid><author>COINS NEWS</author><dc:content /><dc:text>Man scammed into depositing $16,000 in bitcoin machine, Denton police say - Denton Record-Chronicle</dc:text></item><item><title>OG Bitcoin Holder Wakes Up, Redeems Casascius Coin For 25 BTC After 15 Years - CryptoPotato</title><description><![CDATA[OG Bitcoin Holder Wakes Up, Redeems Casascius Coin For 25 BTC After 15 Years& & CryptoPotato]]></description><link>https://coinsnews.com/og-bitcoin-holder-wakes-up-redeems-casascius-coin-for-25-btc-after-15-years-cryptopotato</link><guid>857899</guid><author>COINS NEWS</author><dc:content /><dc:text>OG Bitcoin Holder Wakes Up, Redeems Casascius Coin For 25 BTC After 15 Years - CryptoPotato</dc:text></item><item><title>Decade-Old Bitcoin Wallets Reemerge and Shift $37 Million as BTC Hits 2026 Low</title><description><![CDATA[As bitcoin slipped to its lowest level of 2026, a sizable cache of long-dormant wallets stirred for the first time in years, transferring funds amid pressured market conditions. Roughly 599.76 BTC, valued at $37.04 million, was moved from wallets originally established in 2014 and 2017. Ancient Bitcoin 2014 Wallet Stirs A dormant bitcoin ( BTC) [&#8230;]]]></description><link>https://coinsnews.com/decade-old-bitcoin-wallets-reemerge-and-shift-37-million-as-btc-hits-2026-low</link><guid>857880</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/decade-old-bitcoin-wallets-reemerge-and-shift-37-million-as-btc-hits-2026-low_nwmk-768x432.png</dc:content ><dc:text>Decade-Old Bitcoin Wallets Reemerge and Shift $37 Million as BTC Hits 2026 Low</dc:text></item><item><title>Michael Saylor or OG Bitcoin whales: Who’s to blame for BTC’s current crash? - AMBCrypto</title><description><![CDATA[Michael Saylor or OG Bitcoin whales: Who’s to blame for BTC’s current crash?& & AMBCrypto]]></description><link>https://coinsnews.com/michael-saylor-or-og-bitcoin-whales-whos-to-blame-for-btcs-current-crash-ambcrypto</link><guid>857919</guid><author>COINS NEWS</author><dc:content /><dc:text>Michael Saylor or OG Bitcoin whales: Who’s to blame for BTC’s current crash? - AMBCrypto</dc:text></item><item><title>Hype-Driven Rallies Unwind: NEAR and WLD Round-Trip as Zcash Rebounds 18% From Its 50% Drop</title><description><![CDATA[Two of the crypto market’s hottest recent rallies have fully unwound, with Near Protocol’s NEAR and the Worldcoin token WLD round-tripping to their pre-rally levels, even as Zcash’s ZEC rebounded roughly 18% in 24 hours following a near-50% crash. Zcash Whipsaws On an Orchard Pool Flaw The sharpest swing belonged to zcash given ZEC had [&#8230;]]]></description><link>https://coinsnews.com/hype-driven-rallies-unwind-near-and-wld-round-trip-as-zcash-rebounds-18-from-its-50-drop</link><guid>857881</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/hype-driven-rallies-unwind-near-and-wld-round-trip-as-zcash-rebounds-18-from-its-50-drop_nwmk-768x432.png</dc:content ><dc:text>Hype-Driven Rallies Unwind: NEAR and WLD Round-Trip as Zcash Rebounds 18% From Its 50% Drop</dc:text></item><item><title>Satoshi-era bitcoin at center of $285 billion lawsuit moves after 14 years - CoinDesk</title><description><![CDATA[Satoshi-era bitcoin at center of $285 billion lawsuit moves after 14 years& & CoinDesk]]></description><link>https://coinsnews.com/satoshi-era-bitcoin-at-center-of-285-billion-lawsuit-moves-after-14-years-coindesk</link><guid>857898</guid><author>COINS NEWS</author><dc:content /><dc:text>Satoshi-era bitcoin at center of $285 billion lawsuit moves after 14 years - CoinDesk</dc:text></item><item><title>Want In On SpaceX? Kraken Unveils Early IPO Access Via xStocks</title><description><![CDATA[Kraken has opened a path for eligible customers in more than 110 markets to register interest in SpaceX before the company starts public trading, and anyone who receives an allocation will get SPCXx, a tokenized claim backed 1:1 by the underlying shares.
The move puts one of the year’s most watched offerings inside a crypto app, but only for users outside the US, Canada, Australia and the UK.
How The Access Works
To take part, users need a verified Kraken account and the Kraken mobile app, not Kraken Pro or the desktop site. Kraken said the SpaceX program is being run through xStocks IPO Access, which lets eligible customers submit interest ahead of the listing, and any allocation will be issued as a token rather than a traditional brokerage position.
The company’s support pages say the feature is available in the EEA and most of the rest of the world, while US residents and clients in Canada, Australia and the UK are excluded. Kraken also said the tokenized shares can trade around the clock on Kraken and other participating xStocks venues after allocation.
The structure matters because it changes who can get near an IPO at all. In the usual process, access to pricing near the offering often goes to large institutions and a limited set of broker clients, while most retail buyers only show up once trading is already live.
A Wider Push Into Tokenized Markets
Kraken is pitching the offering as part of a broader push to bring tokenized equities into everyday use, and SpaceX is the first IPO it has placed behind that door.
The exchange’s blog says the company is opening the door to a large global audience, while its support material frames the program as a way to let eligible customers submit interest before the stock begins open-market trading.
That gives the product a different feel from a standard stock listing. Instead of waiting for a broker to open a book order or for a public market debut to settle, users would be dealing with a token tied to the share after allocation, with trading possible across the xStocks network at any hour.
SpaceX Becomes The Test Case
SpaceX is a fitting first name for the experiment because demand for the company has been intense and the public offering is being watched closely.
The company is expected to begin trading publicly on June 12 and that demand has already topped the number of shares available, based on Bloomberg’s reporting.
Featured image from Unsplash, chart from TradingView
]]></description><link>https://coinsnews.com/want-in-on-spacex-kraken-unveils-early-ipo-access-via-xstocks</link><guid>857865</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/a_20ea9f.png?resize=635%2C288</dc:content ><dc:text>Want In On SpaceX? Kraken Unveils Early IPO Access Via xStocks</dc:text></item><item><title>Bitcoin is cratering, but a new Wall Street crypto hype is on the rise - CNBC</title><description><![CDATA[Bitcoin is cratering, but a new Wall Street crypto hype is on the rise& & CNBC]]></description><link>https://coinsnews.com/bitcoin-is-cratering-but-a-new-wall-street-crypto-hype-is-on-the-rise-cnbc</link><guid>857853</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin is cratering, but a new Wall Street crypto hype is on the rise - CNBC</dc:text></item><item><title>Strive's CEO Matt Cole Says Strive’s 13% Bitcoin-Backed Yield Product Can Survive A Bear Market - Stocktwits</title><description><![CDATA[Strive's CEO Matt Cole Says Strive’s 13% Bitcoin-Backed Yield Product Can Survive A Bear Market& & Stocktwits]]></description><link>https://coinsnews.com/strives-ceo-matt-cole-says-strives-13-bitcoin-backed-yield-product-can-survive-a-bear-market-stocktwits</link><guid>857907</guid><author>COINS NEWS</author><dc:content /><dc:text>Strive's CEO Matt Cole Says Strive’s 13% Bitcoin-Backed Yield Product Can Survive A Bear Market - Stocktwits</dc:text></item><item><title>Michael Saylor unveils Bitcoin’s four tribes as the market tumbles - CoinDesk</title><description><![CDATA[Michael Saylor unveils Bitcoin’s four tribes as the market tumbles& & CoinDesk]]></description><link>https://coinsnews.com/michael-saylor-unveils-bitcoins-four-tribes-as-the-market-tumbles-coindesk</link><guid>857895</guid><author>COINS NEWS</author><dc:content /><dc:text>Michael Saylor unveils Bitcoin’s four tribes as the market tumbles - CoinDesk</dc:text></item><item><title>Memecoin News: Dogecoin and Shiba Inu Dive 9% as Bitcoin Tests $60,000 — Memecoins Lead the Risk-Off Exodus - Binance</title><description><![CDATA[Memecoin News: Dogecoin and Shiba Inu Dive 9% as Bitcoin Tests $60,000 — Memecoins Lead the Risk-Off Exodus& & Binance]]></description><link>https://coinsnews.com/memecoin-news-dogecoin-and-shiba-inu-dive-9-as-bitcoin-tests-60000-memecoins-lead-the-risk-off-exodus-binance</link><guid>857852</guid><author>COINS NEWS</author><dc:content /><dc:text>Memecoin News: Dogecoin and Shiba Inu Dive 9% as Bitcoin Tests $60,000 — Memecoins Lead the Risk-Off Exodus - Binance</dc:text></item><item><title>RSI Crashes to 16 as Bitcoin Consolidates Near $61,000 After $59.1K Low</title><description><![CDATA[Bitcoin clawed its way back from a sharp weekend sell-off after bears briefly dragged the price to $59,100, triggering a volatile 24-hour swing before buyers reclaimed ground and lifted the asset above $61,600. As of 8 a.m. EDT on June 6, 2026, over the last hour, bitcoin is changing hands between $60,800 to $61,000 on [&#8230;]]]></description><link>https://coinsnews.com/rsi-crashes-to-16-as-bitcoin-consolidates-near-61000-after-591k-low</link><guid>857882</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/rsi-crashes-to-16-as-bitcoin-consolidates-near-61000-after-59-1k-low_nwmk-768x432.png</dc:content ><dc:text>RSI Crashes to 16 as Bitcoin Consolidates Near $61,000 After $59.1K Low</dc:text></item><item><title>Coinbase Stock Drops 7% as Bitcoin Crashes Below $60,000 to Cap Bruising Crypto Week - TIKR.com</title><description><![CDATA[Coinbase Stock Drops 7% as Bitcoin Crashes Below $60,000 to Cap Bruising Crypto Week& & TIKR.com]]></description><link>https://coinsnews.com/coinbase-stock-drops-7-as-bitcoin-crashes-below-60000-to-cap-bruising-crypto-week-tikrcom</link><guid>857908</guid><author>COINS NEWS</author><dc:content /><dc:text>Coinbase Stock Drops 7% as Bitcoin Crashes Below $60,000 to Cap Bruising Crypto Week - TIKR.com</dc:text></item><item><title>HIVE Digital Technologies CFO on Bitcoin mining and AI data center growth – ICYMI - Yahoo Finance</title><description><![CDATA[HIVE Digital Technologies CFO on Bitcoin mining and AI data center growth – ICYMI& & Yahoo Finance]]></description><link>https://coinsnews.com/hive-digital-technologies-cfo-on-bitcoin-mining-and-ai-data-center-growth-icymi-yahoo-finance</link><guid>857854</guid><author>COINS NEWS</author><dc:content /><dc:text>HIVE Digital Technologies CFO on Bitcoin mining and AI data center growth – ICYMI - Yahoo Finance</dc:text></item><item><title>Analyst Who Called Cycle Top Says Bitcoin Bottom Could Be At $28,500 — Here’s When</title><description><![CDATA[The Bitcoin price briefly fell below the $60,000 level for the first time since 2024, succumbing to intense bearish pressure that ravaged global financial markets on Friday, June 5th. While the imminent initial public offering of SpaceX in the United States has been identified as one of the catalysts behind the downturn, the US equities market was not spared on the day, as major large-cap stocks recorded double-digit losses.
Interestingly, a popular crypto trader on social media platform X who sold their Bitcoin holdings at the peak of the latest bullish cycle has come forward with a projection for the cryptocurrency’s bottom following the latest price action. According to the pundit, the Bitcoin price could fall to as low as $28,500 to find its cycle bottom.
Is A Fall To $28,500 Inevitable For BTC Price?
In a recent post on the X platform, pseudonymous trader CryptoCon shared an insight into a possible path for Bitcoin&#8217;s price over the next few months. The crypto analyst identified $44,500 and $28,500 as the potential next bear targets for the premier cryptocurrency.
This projection centers on the analyst’s Bear Bands, which helped pinpoint bear bottoms in past cycles. As shown in the chart below, this indicator comprises three bands: the First Low Bear Band, the Second Low Band, and the Third Low Bear Band.
As CryptoCon highlighted in their analysis, the Bitcoin price has broken beneath the First Low Bear Band after its recent downturn and appears very likely to close below the level. The market analyst noted that a confirmed close below this first band could mean a potential decline toward the Second Low Band at around $44,500.
However, CryptoCon said that the cycle bottom target lies on the Third Low Bear Band and “on the lower end of my projections” at around $28,500. If history is anything to go by, the Bitcoin price has always fallen into this bear band before kickstarting another bullish cycle. 
CryptoCon wrote on X:
I am being very patient for the right cycle low conditions, I am not afraid of &#8220;missing out&#8221;. Especially as returns diminish and the possibility of a lackluster cycle (which most people find impossible) looms, it is more important than ever to wait for the best time to invest.
It is worth noting that the analyst also postulated a timeline for when the Bitcoin price would reach each of these downside targets. CryptoCon expects the flagship cryptocurrency to reach the Second Bear Band between August and October, then fall to a bottom of $28,500 around November 2026 and January 2027.
Bitcoin Price Overview
A drop to around $28,500 would represent a 77% decline from BTC’s all-time high. As of this writing, the price of Bitcoin stands at around $61,850, reflecting an over 2% decline in the past 24 hours.
While this single-day decline looks relatively modest, a broader timeframe provides more context for the market leader’s struggles over the past week. According to CoinGecko data, the Bitcoin price has dropped by more than 15% in the last seven days.
]]></description><link>https://coinsnews.com/analyst-who-called-cycle-top-says-bitcoin-bottom-could-be-at-28500-heres-when</link><guid>857866</guid><author>COINS NEWS</author><dc:content /><dc:text>Analyst Who Called Cycle Top Says Bitcoin Bottom Could Be At $28,500 — Here’s When</dc:text></item><item><title>Bitcoin Is The 'Last Functioning Smoke Alarm Of Liquidity,' Says Macro Analyst Luke Gromen - Yahoo Finance</title><description><![CDATA[Bitcoin Is The 'Last Functioning Smoke Alarm Of Liquidity,' Says Macro Analyst Luke Gromen& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-is-the-last-functioning-smoke-alarm-of-liquidity-says-macro-analyst-luke-gromen-yahoo-finance</link><guid>857892</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Is The 'Last Functioning Smoke Alarm Of Liquidity,' Says Macro Analyst Luke Gromen - Yahoo Finance</dc:text></item><item><title>Ed Craven Says Kick’s Partner Program Doesn’t Reward Gambling Streams</title><description><![CDATA[Kick co-founder Ed Craven told a gambling streamer that the platform’s Kick Partner Program does not reward viewership from Slots or Casino streams, urging him to broadcast other categories instead. The reply is a rare on-record acknowledgment from the Stake and Kick co-founder that the program excludes the gambling content the platform is known for. [&#8230;]]]></description><link>https://coinsnews.com/ed-craven-says-kicks-partner-program-doesnt-reward-gambling-streams</link><guid>857845</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/ed-craven-says-kicks-partner-program-doesnt-reward-gambling-streams_nwmk-768x432.jpg</dc:content ><dc:text>Ed Craven Says Kick’s Partner Program Doesn’t Reward Gambling Streams</dc:text></item><item><title>Swiss study: Bitcoin is a big carbon-emitter - SWI swissinfo.ch</title><description><![CDATA[Swiss study: Bitcoin is a big carbon-emitter& & SWI swissinfo.ch]]></description><link>https://coinsnews.com/swiss-study-bitcoin-is-a-big-carbon-emitter-swi-swissinfoch</link><guid>857918</guid><author>COINS NEWS</author><dc:content /><dc:text>Swiss study: Bitcoin is a big carbon-emitter - SWI swissinfo.ch</dc:text></item><item><title>Are retail traders selling their bitcoin to buy the SpaceX IPO? - CoinDesk</title><description><![CDATA[Are retail traders selling their bitcoin to buy the SpaceX IPO?& & CoinDesk]]></description><link>https://coinsnews.com/are-retail-traders-selling-their-bitcoin-to-buy-the-spacex-ipo-coindesk</link><guid>857920</guid><author>COINS NEWS</author><dc:content /><dc:text>Are retail traders selling their bitcoin to buy the SpaceX IPO? - CoinDesk</dc:text></item><item><title>Are Meme Coins Like Dogecoin And Shiba Inu Still Worth Buying?</title><description><![CDATA[In the previous bull market, meme coins like Dogecoin and Shiba Inu dominated, with gains that were previously unheard of in the space. Their popularity gave rise to meme coins of other calibre, with many seeing varying degrees of success in the market. However, with the latest cycle, meme coins seem to be taking a back seat, as “crime coins” have become the main focus of investors.
Dogecoin And Shiba Inu Go Down With Meme Coins
Even through the meme coin run of 2024-2025, which was triggered by Solana’s BONK, the prices of Dogecoin and Shiba Inu had not impressed investors. While Bitcoin ran to new all-time highs, both Dogecoin and Shiba Inu were unable to actually reach their previous peaks.
Even now, both of these meme coins continue to struggle, with barely any notable movement across both of these digital assets. According to data from the CoinGecko website, the Dogecoin price is down more than 13% in the last month, with Shiba Inu performing even worse with almost 15% losses.
Dogecoin’s price is down more than 87% from its all-time high, and Shiba Inu has fallen by over 93%. Trading volumes across both meme coins have also declined as attention has moved elsewhere. Given these factors, investment in these meme coins has been pushed to the side in favor of other cryptocurrencies.
The Era Of The “Crime Coins”
While meme coins like Dogecoin and Shiba Inu have fallen out of favor, “Crime coins” have become the main focus of this cycle. This refers to cryptocurrencies whose prices rise rapidly over a short period of time, often accompanied by very high negative funding rates.
These coins often have a very high concentration of the supply, with more than 80% being held by insiders. With such a small supply float left in the market, it becomes very easy for market-makers to push up the price of these digital assets with volume.
Some examples of these crime coins include RIVER, PIPPIN, RAVE, among others. The latest of these is the LAB token, whose price rose by more than 200x in two months, leaving a long trail of liquidated short traders in its wake.
One thing that these coins have in common is that they often end in a rapid crash, with some crashing more than 90% in a matter of hours. However, this has not stopped investors from gambling on these coins as LAB futures trading volume on Binance alone peaked at over $1.6 billion in a 24-hour period.
]]></description><link>https://coinsnews.com/are-meme-coins-like-dogecoin-and-shiba-inu-still-worth-buying</link><guid>857867</guid><author>COINS NEWS</author><dc:content /><dc:text>Are Meme Coins Like Dogecoin And Shiba Inu Still Worth Buying?</dc:text></item><item><title>Bitcoin Falls Below $60,000 - WSJ</title><description><![CDATA[Bitcoin Falls Below $60,000& & WSJ]]></description><link>https://coinsnews.com/bitcoin-falls-below-60000-wsj</link><guid>858037</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Falls Below $60,000 - WSJ</dc:text></item><item><title>Arthur Hayes Sold His Bags. Zcash Pumped Anyway Outpacing Bitcoin - Stocktwits</title><description><![CDATA[Arthur Hayes Sold His Bags. Zcash Pumped Anyway Outpacing Bitcoin& & Stocktwits]]></description><link>https://coinsnews.com/arthur-hayes-sold-his-bags-zcash-pumped-anyway-outpacing-bitcoin-stocktwits</link><guid>857896</guid><author>COINS NEWS</author><dc:content /><dc:text>Arthur Hayes Sold His Bags. Zcash Pumped Anyway Outpacing Bitcoin - Stocktwits</dc:text></item><item><title>Etherfi and Plume Launch $100M RWA Vault Backed by Blackrock and Fidelity</title><description><![CDATA[Etherfi and Plume have launched a real-world asset vault to provide eligible users with access to institutional-grade yield via regulated infrastructure. The product begins with a $25 million cap and is part of a broader $100 million deployment into Plume’s RWA platform. Plume Powers New Etherfi Vault Connecting DeFi Users to Institutional Yield Etherfi and [&#8230;]]]></description><link>https://coinsnews.com/etherfi-and-plume-launch-100m-rwa-vault-backed-by-blackrock-and-fidelity</link><guid>857846</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/etherfi-and-plume-launch-100m-rwa-vault-backed-by-blackrock-and-fidelity_nwmk-768x432.jpg</dc:content ><dc:text>Etherfi and Plume Launch $100M RWA Vault Backed by Blackrock and Fidelity</dc:text></item><item><title>Analyst Who Predicted the Bitcoin Crash Says Price Could Reach $40,000, Here’s When - TradingView</title><description><![CDATA[Analyst Who Predicted the Bitcoin Crash Says Price Could Reach $40,000, Here’s When& & TradingView]]></description><link>https://coinsnews.com/analyst-who-predicted-the-bitcoin-crash-says-price-could-reach-40000-heres-when-tradingview</link><guid>857906</guid><author>COINS NEWS</author><dc:content /><dc:text>Analyst Who Predicted the Bitcoin Crash Says Price Could Reach $40,000, Here’s When - TradingView</dc:text></item><item><title>Bitcoin Defies Flash Crash! BTC holds $60K Despite a Massive Nasdaq Tech Rout and Middle East Escalation. Are Maxis Right to Buy the Dip? - Binance</title><description><![CDATA[Bitcoin Defies Flash Crash! BTC holds $60K Despite a Massive Nasdaq Tech Rout and Middle East Escalation. Are Maxis Right to Buy the Dip?& & Binance]]></description><link>https://coinsnews.com/bitcoin-defies-flash-crash-btc-holds-60k-despite-a-massive-nasdaq-tech-rout-and-middle-east-escalation-are-maxis-right-to-buy-the-dip-binance</link><guid>857916</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Defies Flash Crash! BTC holds $60K Despite a Massive Nasdaq Tech Rout and Middle East Escalation. Are Maxis Right to Buy the Dip? - Binance</dc:text></item><item><title>South Korean Regulator Eases Proposed Crypto Reporting Rules Targeting Large Transfers</title><description><![CDATA[South Korean financial authorities have reportedly amended their proposed changes to the Specific Financial Information Act (SFIA), easing the reporting rules that targeted large crypto transactions.
FIU Drops Reporting Requirements For Crypto Transfers
On Friday, the Financial Services Commission’s Financial Intelligence Unit (FIU) reportedly decided to ease its proposed reporting requirements for certain overseas crypto transactions.
In March, the regulator proposed amendments to the Specific Financial Information Act, which is South Korea’s primary legal and regulatory framework governing digital assets, cryptocurrencies, and Anti-Money Laundering (AML).
The amendments initially required domestic operators to report crypto transfers exceeding 10 million Korean won, worth about $6,400, as suspicious transactions when involving overseas platforms or private wallets, regardless of assessed risk.
Now, instead of mandating reporting regardless of risk level, the FIU has decided to require each company to operate its own AML risk management system. “If we use only the threshold of 10 million won as the reporting criterion, companies would report uniformly without assessing risk; therefore, we will require each company to operate its own management system so that they can conduct qualitative assessments of risky transactions,” an official stated.
According to local reports, the financial authority reached this decision after meeting with crypto exchange representatives earlier this week to gather industry feedback on the proposed amendments to the SFIA.
Last month, the Digital Asset Exchange Joint Council (DAXA) submitted a statement opposing the proposed changes to the AML framework. Based on feedback from 27 virtual asset service providers (VASPs), the group warned that implementing the amendments would likely create confusion in practice.
In addition, DAXA affirmed that the rules would make compliance nearly impossible, noting that suspicious transaction reports from South Korea’s five largest exchanges could surge from about 63,408 cases last year to 5,445,133 under the proposal, a massive jump that would be hard to manage in daily operations.
Compliance Requirements Eased, Travel Rule Unchanged
The stricter customer due diligence rules included in the amendment are likely to be eased, the Friday report highlighted. The original draft mandated enhanced customer due diligence for crypto transactions classified as high-risk or suspicious, including verification of the source of funds and the purpose of the transaction.
Now, companies will only be required to conduct enhanced customer due diligence for transactions deemed particularly high-risk. Regulators will also allow a one-year “grace period” for the debt-to-equity ratio requirement in virtual asset business registration, easing the original rule for small businesses that may struggle to meet the 200% threshold.
However, the policy expanding the travel rule to cover transactions below 1 million won will remain unchanged, after previously applying only to transfers above this figure between domestic virtual asset service providers. The revised bill will take effect on August 20 if it passes the review by the Ministry of Government Legislation and other relevant agencies, the report said.
These changes come as the country prepares to revisit its long-delayed crypto tax law, which is set to take effect in January 2027. As reported by Bitcoinist, lawmakers are expected to review the upcoming crypto taxation after a petition to abolish the framework surpassed the required signatories to be discussed in the National Assembly last month.
]]></description><link>https://coinsnews.com/south-korean-regulator-eases-proposed-crypto-reporting-rules-targeting-large-transfers</link><guid>857868</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/TOTAL_2026-06-05_13-17-12.png?w=980&amp;#038;resize=980%2C641</dc:content ><dc:text>South Korean Regulator Eases Proposed Crypto Reporting Rules Targeting Large Transfers</dc:text></item><item><title>Bitcoin rebounds above $60,000 after $1.6 billion liquidation-driven selloff - Investing.com</title><description><![CDATA[Bitcoin rebounds above $60,000 after $1.6 billion liquidation-driven selloff& & Investing.com]]></description><link>https://coinsnews.com/bitcoin-rebounds-above-60000-after-16-billion-liquidation-driven-selloff-investingcom</link><guid>857890</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin rebounds above $60,000 after $1.6 billion liquidation-driven selloff - Investing.com</dc:text></item><item><title>Here's Why I'm Buying Bitcoin Right Now - The Motley Fool</title><description><![CDATA[Here's Why I'm Buying Bitcoin Right Now& & The Motley Fool]]></description><link>https://coinsnews.com/heres-why-im-buying-bitcoin-right-now-the-motley-fool</link><guid>857826</guid><author>COINS NEWS</author><dc:content /><dc:text>Here's Why I'm Buying Bitcoin Right Now - The Motley Fool</dc:text></item><item><title>Here's Why I'm Buying Bitcoin Right Now - Yahoo Finance</title><description><![CDATA[Here's Why I'm Buying Bitcoin Right Now& & Yahoo Finance]]></description><link>https://coinsnews.com/heres-why-im-buying-bitcoin-right-now-yahoo-finance</link><guid>857886</guid><author>COINS NEWS</author><dc:content /><dc:text>Here's Why I'm Buying Bitcoin Right Now - Yahoo Finance</dc:text></item><item><title>House Committee Unveils 7 Crypto Tax Drafts—A Major Overhaul Of How Digital Assets Are Taxed</title><description><![CDATA[The US House Ways and Means Committee has released a set of seven crypto tax discussion drafts aimed at giving more structure to how digital-asset investors are taxed in the country. 
The effort is intended to clarify rules around timing and treatment, an area where crypto-related tax questions have often left investors and tax professionals trying to fit new realities into older frameworks.
Crypto Tax Framework At Top Priority
According to Bloomberg, Ways and Means Chairman Jason Smith has placed establishing a clearer tax framework for digital assets among the committee’s top priorities. 
While several individual members have introduced proposals addressing various aspects of crypto taxation, the drafts released now are being presented as the first effort backed by the leadership of a House or Senate tax-writing committee. 
Per the report, the committee is expected to publish seven separate bills covering a range of issues. Among them are questions about when a digital token created through mining or when rewards earned through staking should be taxed. 
The committee is also weighing potential guidance on how some stablecoin transactions should be treated for tax purposes, including whether certain transactions could be exempt from capital gains tax.
Representative Kevin Hern, an Oklahoma Republican and member of the committee, said that addressing the tax timing and treatment of staking and crypto mining is central to what the panel hopes to tackle. 
The lawmaker also pointed to stablecoin capital gains exemptions as part of the plan. Hern said he expects legislative language to be prepared ahead of a hearing scheduled for Tuesday, next week.
Treasury, Commerce, White House Join Talks
The package would also extend to wash sale restrictions for digital assets. Those rules prevent investors from claiming tax losses when they sell a security and then repurchase a substantially similar asset within a short window for tax purposes. 
In this case, the drafts look to apply similar concepts to digital asset activity, including the 30-day timing referenced in existing wash sale rules for securities.
Representative Mike Thompson of California, the top Democrat on the Tax Subcommittee, said last month after a tax subcommittee roundtable that lawmakers have to weigh “the risk of doing legislation and the risk of not doing legislation.”
Kenneth Kies, the Treasury Department’s top tax official, said last month that Treasury had been working with Ways and Means on the measures, along with the Commerce Department and the White House. 
On the Senate side, top Republican and Democratic tax writers are also reportedly working on their own legislation addressing how digital assets should be taxed, signaling that lawmakers in both chambers are moving toward a more unified approach—though the details may still differ between proposals.
Featured image created with OpenArt; chart from TradingView.com
]]></description><link>https://coinsnews.com/house-committee-unveils-7-crypto-tax-draftsa-major-overhaul-of-how-digital-assets-are-taxed</link><guid>857839</guid><author>COINS NEWS</author><dc:content /><dc:text>House Committee Unveils 7 Crypto Tax Drafts—A Major Overhaul Of How Digital Assets Are Taxed</dc:text></item><item><title>‘Too Many Coincidences’: Polymarket Accuses Kalshi of Corporate Espionage</title><description><![CDATA[Polymarket has accused its archrival Kalshi of corporate espionage, alleging in a New York Post report that the federally regulated exchange serially copied its product launches and may be watching its SoHo offices. The crypto-native platform says it opened an internal probe and kept a dossier of suspicious incidents, and even tinted its windows. Kalshi [&#8230;]]]></description><link>https://coinsnews.com/too-many-coincidences-polymarket-accuses-kalshi-of-corporate-espionage</link><guid>857847</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/polymarket-traders-put-62-odds-on-bitcoin-dropping-below-60k-this-june_nwmk-768x432.png</dc:content ><dc:text>‘Too Many Coincidences’: Polymarket Accuses Kalshi of Corporate Espionage</dc:text></item><item><title>Solana Treasury Giant Sends 455,784 SOL To Coinbase Prime: Selling Move?</title><description><![CDATA[The largest Solana treasury company has deposited a notable amount of SOL to Coinbase Prime, a potential sign that the firm is looking to sell.
Forward Industries Has Made A Large Solana Deposit To Coinbase
As highlighted by on-chain sleuth Lookonchain in an X post, Forward Industries has transferred some of its Solana to Coinbase Prime, the institution-focused branch of cryptocurrency exchange Coinbase.
Forward Industries is a design and manufacturing company that pivoted to a SOL treasury strategy model last year. The firm immediately became the largest corporate holder of the cryptocurrency after securing backing from prominent names like Galaxy Digital, Jump Crypto, and Multicoin Capital.
The majority of the company&#8217;s accumulation, however, occurred during the highs of 2025. &#8220;Since launching its Solana treasury strategy in September 2025, Forward Industries has spent ~$1.59B to buy 6.83M $SOL at $232.08,&#8221; noted Lookonchain. Currently, the asset is trading at levels much lower than this level, meaning that the firm is significantly in the red.
More specifically, the 6.83 million tokens purchased by Forward are worth just $452 million today. The company&#8217;s treasury being deep in loss may be why it has made a deposit to Coinbase Prime.
From the above table, it&#8217;s visible that this deposit transaction, which involved a total of 455,784 SOL, came after a month of inactivity from the Solana treasury giant. At the time that the transfer occurred, these tokens were worth $31.87 million. While this isn&#8217;t a small amount on its own, it&#8217;s still just a tiny portion of the firm&#8217;s total holdings.
So far, the company has made no official communication regarding the purpose behind the move, but it&#8217;s possible that it&#8217;s looking to sell the coins, given the bad state that the reserves are in. Forward isn&#8217;t the only treasury firm that has been struggling recently. As shared by Lookonchain in another X post, other major corporate holders of digital assets are also significantly underwater.
Strategy, the largest Bitcoin treasury firm, is down more than $11 billion on its holdings. Similarly, Ethereum&#8217;s Bitmine is over $9.58 billion in the red. The reason that all these companies are in high losses naturally lies in the bearish shift in the cryptocurrency sector that has followed since Q4 2025.
If the latest move made by Forward is indeed for selling, then it wouldn&#8217;t be the only company that has made this decision; Strategy also made a BTC sale recently, breaking an accumulation streak that had held since December 2022.
SOL Price
At the time of writing, Solana is trading around $65, down more than 19% over the past week.
]]></description><link>https://coinsnews.com/solana-treasury-giant-sends-455784-sol-to-coinbase-prime-selling-move</link><guid>857840</guid><author>COINS NEWS</author><dc:content /><dc:text>Solana Treasury Giant Sends 455,784 SOL To Coinbase Prime: Selling Move?</dc:text></item><item><title>bitcoin:native just hit the lowest RSI reading in its history. Probably nothing… - Moomoo</title><description><![CDATA[bitcoin:native just hit the lowest RSI reading in its history. Probably nothing…& & Moomoo]]></description><link>https://coinsnews.com/bitcoinnative-just-hit-the-lowest-rsi-reading-in-its-history-probably-nothing-moomoo</link><guid>857921</guid><author>COINS NEWS</author><dc:content /><dc:text>bitcoin:native just hit the lowest RSI reading in its history. Probably nothing… - Moomoo</dc:text></item><item><title>Bitcoin Back Above $61,000 After Rout Leads to $1.6 Billion Liquidations - Moomoo</title><description><![CDATA[Bitcoin Back Above $61,000 After Rout Leads to $1.6 Billion Liquidations& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-back-above-61000-after-rout-leads-to-16-billion-liquidations-moomoo</link><guid>857823</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Back Above $61,000 After Rout Leads to $1.6 Billion Liquidations - Moomoo</dc:text></item><item><title>BTC price update: Bitcoin reclaims $61,000 after dipping below $60,000 in an AI-led rout - CoinDesk</title><description><![CDATA[BTC price update: Bitcoin reclaims $61,000 after dipping below $60,000 in an AI-led rout& & CoinDesk]]></description><link>https://coinsnews.com/btc-price-update-bitcoin-reclaims-61000-after-dipping-below-60000-in-an-ai-led-rout-coindesk</link><guid>857822</guid><author>COINS NEWS</author><dc:content /><dc:text>BTC price update: Bitcoin reclaims $61,000 after dipping below $60,000 in an AI-led rout - CoinDesk</dc:text></item><item><title>Ethereum Looks Ready For Recovery, But One Metric Says Wait</title><description><![CDATA[Ethereum is facing a breakdown below $1,700 as selling pressure and market uncertainty combine to test support levels that have not been visited since the depths of the previous correction. The price action is alarming — but CryptoOnchain data has applied a sophisticated analytical framework to the current market structure and arrived at a classification that directly challenges the bearish interpretation the price chart is delivering.
A four-state Hidden Markov Model trained on 336 days of Ethereum on-chain data has classified the current market regime as Neutral and Accumulation — with 99.6% confidence in that classification and an 88.7% probability that the regime persists rather than transitioning to a more bearish state. The model is not describing a market in distribution or capitulation. It is describing a market in the specific structural phase that has historically preceded recovery rather than continuation lower.
The Binance metrics that inform that classification tell the story with precision. Open Interest on Binance sits at 5.68 billion — the lowest reading in the entire dataset and below the 6.11 billion average for this specific regime. Leveraged positions are unwinding quietly rather than collapsing violently. The Funding Rate at 0.0087% is effectively flat — neither bulls nor bears are paying a premium to maintain directional exposure.
The model&#8217;s reading of Ethereum below $1,700 is not panic. It is not distribution. It is a market that has stopped acting and started waiting — and the distinction between those two states is what the CryptoOnchain analysis is built to identify.
99.6% Confidence in Ethereum Accumulation
The CryptoOnchain report identifies the single variable that separates the current accumulation regime from the recovery phase that would follow it. The Coinbase Premium Gap sits at -2.73 — significantly more negative than this regime&#8217;s historical average of -1.57. The Recovery and Base regime that preceded Ethereum&#8217;s previous meaningful advances averaged +0.99 on this metric.
The distance between where the gap currently sits and where it needs to be for a regime transition is the most precise available measure of how far US institutional demand still needs to travel before the structural conditions for recovery are in place.
The regime comparison adds the historical context that makes the transition conditions credible rather than speculative. Ethereum&#8217;s last meaningful bull phase in the dataset was characterized by relatively low funding rates averaging 0.0015% and modest open interest of 6.19 billion — not leverage-driven euphoria but organic demand-led expansion. The next genuine bull phase is likely to arrive the same way rather than through derivatives excess.
The 88.7% regime persistence probability means the current accumulation structure is sticky. It will not transition quickly or randomly. Two specific conditions must align before the model would classify a regime change. The Coinbase Premium Gap must recover toward zero or positive — confirming that US spot demand has returned at meaningful scale. Open Interest on Binance must expand gradually without a corresponding spike in funding rates — confirming that the expansion is demand-driven rather than leverage-driven.
Until both conditions appear simultaneously, Ethereum remains in a low-conviction accumulation zone with mild structural sell pressure. The model says the bottom is forming. The Coinbase Premium says the catalyst has not yet arrived.
Ethereum Breaks Below February Lows
Ethereum remains under intense pressure on the weekly timeframe, with price trading around $1,670 after losing more than 16% this week alone. The chart shows a decisive breakdown below the long-standing $1,800-$1,900 support zone that contained price throughout much of the first half of 2026. More importantly, ETH has now fallen below the February lows near $1,750, invalidating a key support level that many bulls were defending as the last major floor before a deeper correction.
The technical structure has deteriorated significantly. Price is trading below the 50-week, 100-week, and 200-week moving averages, confirming a fully bearish trend across all major timeframes. The rejection from the $2,200-$2,300 resistance area in May marked a lower high relative to previous rallies, and the subsequent breakdown has accelerated downside momentum rather than producing a consolidation.
Volume has expanded during the selloff, suggesting that the decline is being accompanied by active participation rather than a lack of buyers. This increases the importance of the current region around $1,600-$1,700, which now represents the first major support area visible on the chart.
If ETH fails to stabilize here, the next significant downside target sits near the 2023-2024 consolidation zone around $1,400-$1,500. For bulls, reclaiming the broken $1,800 level is now essential. Until that happens, the weekly chart continues to favor sellers, with lower highs, lower lows, and momentum firmly pointing downward.
Featured image from ChatGPT, chart from TradingView.com
]]></description><link>https://coinsnews.com/ethereum-looks-ready-for-recovery-but-one-metric-says-wait</link><guid>857816</guid><author>COINS NEWS</author><dc:content >https://i0.wp.com/img.cryptoquant.com/331846/quicktake/Uryp65_24d22c367d72801fa89c4d6d800c54cf4cf1d703b1ec1e486c7695bcb73c1208.png?resize=1280%2C859&amp;#038;ssl=1</dc:content ><dc:text>Ethereum Looks Ready For Recovery, But One Metric Says Wait</dc:text></item><item><title>Spectra Rolls $4.88M Into New XRP Yield Market as Flare Keeps Liquidity Intact</title><description><![CDATA[An XRP-denominated fixed-term yield market on the Flare Network recently completed a liquidity rollover with zero market interruption. Metavault Architecture Eliminates Operational Friction An XRP-denominated, fixed-term yield market on the Flare Network has successfully executed a seamless liquidity rollover without market interruption, representing a notable structural advance for decentralized fixed-term financial primitives. Overnight from June [&#8230;]]]></description><link>https://coinsnews.com/spectra-rolls-488m-into-new-xrp-yield-market-as-flare-keeps-liquidity-intact</link><guid>857800</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/xrp-flare-_nwmk-postfix-768x432.jpg</dc:content ><dc:text>Spectra Rolls $4.88M Into New XRP Yield Market as Flare Keeps Liquidity Intact</dc:text></item><item><title>Forget Bitcoin, What Does Gold Have To Do With The Altcoin Season?</title><description><![CDATA[The next altcoin season may not begin with Bitcoin dominance, ETF flows, or the usual rotation signals from Bitcoin and Ethereum. An interesting outlook is pointing somewhere less obvious: gold. 
The argument is that the precious metal’s next major move could decide whether the next crypto market bounce is real or just another trap that eventually leads to another altseason.
Gold’s Rally May Be The Signal Crypto Traders Are Missing
Gold spot price is currently trading around $4,460, still up approximately 37% year-over-year despite a significant correction from its highs of $5,598 in January. That correction is part of an ongoing gravitational pull on global capital that crypto traders are only beginning to read properly. 
According to a technical prediction from an analyst on the social media platform X, gold will mount a bear market rally to the $4,800 zone, which is a bounce consistent with a retest of the 61.8% Fibonacci retracement level, before resuming its correction trend. The road downward, according to the setup, points to the 141.4% extension at $3,772 as the first major area to watch before a deeper move into the 161.8% extension at $3,610. 
The critical insight, however, is not in gold&#8217;s projected movement but in the sequence of events that the bounce sets off in the crypto industry. When gold stages that rally to $4,800, the expectation is that a comparable move ignites across the altcoin market that leads to a FOMO surge pulling retail attention back in. This FOMO is expected to usher in a violent correction where sentiment flips to extreme bearish, and it is precisely in that capitulation that the real altcoin season will begin.
The Crypto Market Is Testing Its Floor
Separate from the gold analysis, the total crypto market capitalization excluding stablecoins is currently testing a rising support trendline that connects the 2022 bear market bottom with the 2026 reset low. As shown in the chart below, the total crypto market cap excluding stablecoins is around $2.04 trillion, trending lower close to the rising support line. 
Interestingly, this also relates to the altcoin chart, which has also been trending downwards. At the time of writing, the altcoin season index is in Bitcoin season territory with a Bitcoin dominance of 57.8%, while total altcoin market capitalization excluding Bitcoin has declined to approximately $882 billion.
The gold chart suggests that the market may still need one more emotional flush before altcoin season begins, while the total market cap suggests that the crypto market is already testing the kind of long-term support where major expansions are often built. The next rally may not be enough, and the next correction could be the one that clears the way for an altcoin season.
]]></description><link>https://coinsnews.com/forget-bitcoin-what-does-gold-have-to-do-with-the-altcoin-season</link><guid>857817</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/Altcoin-chart-from-RWA-Investor.png?w=512&amp;#038;resize=512%2C290</dc:content ><dc:text>Forget Bitcoin, What Does Gold Have To Do With The Altcoin Season?</dc:text></item><item><title>Bitcoin Has 125 Days Until the Real Bottom, Charts Warn - Yahoo Finance</title><description><![CDATA[Bitcoin Has 125 Days Until the Real Bottom, Charts Warn& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-has-125-days-until-the-real-bottom-charts-warn-yahoo-finance</link><guid>857893</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Has 125 Days Until the Real Bottom, Charts Warn - Yahoo Finance</dc:text></item><item><title>Bitcoin and Its Promises Are Showing Their Age - Bloomberg.com</title><description><![CDATA[Bitcoin and Its Promises Are Showing Their Age& & Bloomberg.com]]></description><link>https://coinsnews.com/bitcoin-and-its-promises-are-showing-their-age-bloombergcom</link><guid>857804</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin and Its Promises Are Showing Their Age - Bloomberg.com</dc:text></item><item><title>Tech sell-off, Bitcoin drop test retail investor strength ahead of SpaceX IPO - The Business Times</title><description><![CDATA[Tech sell-off, Bitcoin drop test retail investor strength ahead of SpaceX IPO& & The Business Times]]></description><link>https://coinsnews.com/tech-sell-off-bitcoin-drop-test-retail-investor-strength-ahead-of-spacex-ipo-the-business-times</link><guid>857828</guid><author>COINS NEWS</author><dc:content /><dc:text>Tech sell-off, Bitcoin drop test retail investor strength ahead of SpaceX IPO - The Business Times</dc:text></item><item><title>Coinbase–Better Deal Enables Mortgages Secured By Bitcoin And USDC</title><description><![CDATA[Better Mortgage already has a waitlist open for a new home loan product that accepts Bitcoin and USDC as collateral, with plans to launch nationwide this summer and a projected loan volume of $250 million based on signups so far.
How The Product Works
The mortgage lender is partnering with crypto exchange Coinbase to power the transactions behind the scenes.
Borrowers with significant Bitcoin holdings are connected to Better through Coinbase&#8217;s product interface, where they go through the application process, get approved, and then authorize their Bitcoin to move into a custodial wallet with a single click, according to Roy Zhang, Coinbase&#8217;s director of product.
The first ever Fannie Mae-insured mortgage backed by BTC in the U.S just got funded.
Originated and serviced by Better, powered by Coinbase.
Rolling out nationwide this summer. https://t.co/Arj4NfAlkn
— Coinbase (@coinbase) June 4, 2026
The first loan under the arrangement was issued to a couple in Ann Arbor, Michigan, identified only as Joe and Amy. Joe said the setup gave him confidence because their Bitcoin remained secure in a custody account rather than being sold off to cover a down payment.
Fannie Mae Backing Adds Weight
What sets this product apart from earlier crypto-collateralized lending experiments is the involvement of Fannie Mae. The government-sponsored enterprise, which announced in March that it would begin accepting crypto for mortgage down payments, provided the conforming guarantee that makes the loan a standard financial instrument.
Better founder and CEO Vishal Garg called that backing significant, saying it amounts to a US government-sponsored enterprise accepting digital assets in place of cash held in a bank account as collateral. He added that the product is expected to expand beyond Bitcoin and USDC to other digital assets, including tokenized stocks, over time.
No Liquidation For Borrowers
One detail that distinguishes the product from standard margin-backed lending is that the collateral is not subject to liquidation. Under the current structure, the pledged Bitcoin and USDC stay in custody for the life of the loan without being sold down if their value falls.
Coinbase announced the first funded loan on X, describing it as the first-ever Fannie Mae-insured mortgage backed by Bitcoin in the US. The full rollout is expected before the end of summer, with Better handling loan servicing and Coinbase managing the underlying digital asset infrastructure.
Featured image from Unsplash, chart from TradingView
]]></description><link>https://coinsnews.com/coinbasebetter-deal-enables-mortgages-secured-by-bitcoin-and-usdc</link><guid>857792</guid><author>COINS NEWS</author><dc:content /><dc:text>Coinbase–Better Deal Enables Mortgages Secured By Bitcoin And USDC</dc:text></item><item><title>Bitcoin realized price is sitting at $53.7k - Moomoo</title><description><![CDATA[Bitcoin realized price is sitting at $53.7k& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-realized-price-is-sitting-at-537k-moomoo</link><guid>857830</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin realized price is sitting at $53.7k - Moomoo</dc:text></item><item><title>Michael Saylor's $10 Billion Bitcoin Hole: What Does Strategy Do Now? - Yahoo Finance</title><description><![CDATA[Michael Saylor's $10 Billion Bitcoin Hole: What Does Strategy Do Now?& & Yahoo Finance]]></description><link>https://coinsnews.com/michael-saylors-10-billion-bitcoin-hole-what-does-strategy-do-now-yahoo-finance</link><guid>857803</guid><author>COINS NEWS</author><dc:content /><dc:text>Michael Saylor's $10 Billion Bitcoin Hole: What Does Strategy Do Now? - Yahoo Finance</dc:text></item><item><title>‘Unacceptable’: Argentina’s Probe Into Libra Token Frozen Over Lack of Tech Tools</title><description><![CDATA[At the request of Eduardo Taiano, the public prosecutor in charge of the case, the Specialized Cybercrime Prosecutor’s Office (UFECI) stressed that it lacked the tools necessary to complete a forensic on-chain probe focusing on relevant wallets active at the time of Libra’s launch. Probe On Libra Token Stalls On Lack Of Resources The ongoing [&#8230;]]]></description><link>https://coinsnews.com/unacceptable-argentinas-probe-into-libra-token-frozen-over-lack-of-tech-tools</link><guid>857764</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/cortesupremaargentina_nwmk-768x432.jpg</dc:content ><dc:text>‘Unacceptable’: Argentina’s Probe Into Libra Token Frozen Over Lack of Tech Tools</dc:text></item><item><title>$Bitcoin (BTC.CC)$ Prediction of new bull cycle - Moomoo</title><description><![CDATA[$Bitcoin (BTC.CC)$ Prediction of new bull cycle& & Moomoo]]></description><link>https://coinsnews.com/bitcoin-btccc-prediction-of-new-bull-cycle-moomoo</link><guid>857775</guid><author>COINS NEWS</author><dc:content /><dc:text>$Bitcoin (BTC.CC)$ Prediction of new bull cycle - Moomoo</dc:text></item><item><title>Ethereum Exchange Supply Keeps Falling – So Why Isn’t Price Rising?</title><description><![CDATA[Ethereum is struggling below $1,700 as aggressive selling pressure defines the market structure and the recovery that once appeared to be building has now given back a significant portion of its gains. The price is at levels that are testing the resolve of holders who maintained positions through the earlier correction — and CryptoQuant data has surfaced a signal in the exchange reserve data that adds a structural layer to the current weakness worth examining carefully.
The Ethereum Exchange Reserve chart across all exchanges tells a specific and directional story. The total amount of ETH held across centralized exchanges continues to maintain a steady downward trend following the previous upward rally. The supply that briefly moved onto exchanges — creating the overhead pressure that contributed to the decline from the mid-May highs — has not been replenished by fresh inflows. The reserve is declining rather than building, and crucially, there are no sudden spikes in exchange-directed deposits that would indicate a new wave of selling preparation from large holders.
That absence of sudden inflow spikes is the detail that prevents the current price weakness from being straightforwardly attributed to aggressive new distribution. The price is falling below $1,700 — but the exchange infrastructure that would typically show signs of coordinated large-scale selling is not registering the kind of deposit activity that would confirm that interpretation.
The CryptoQuant data describes a market where the selling pressure is real, but the supply mechanics behind it are more nuanced than the price action alone suggests.
Supply Is Leaving Exchanges
The CryptoQuant analysis names the gap that explains why declining exchange reserves have not translated into price recovery. The supply dynamic is constructive — ETH continuing to leave exchanges reflects a long-term accumulation sentiment among investors who are choosing self-custody over exchange proximity. That behavioral commitment to holding rather than selling is the structural foundation that limits how far the decline can extend before the available sell-side inventory becomes genuinely thin.
But structural support and active demand are different conditions — and the market currently has the former without the latter. The decrease in exchange supply has not yet reached the threshold where reduced availability alone creates the price response that would confirm a trend reversal. Demand must arrive to meet the tightening supply before that dynamic produces upward price movement rather than simply a slower decline.
The price chart&#8217;s continued downward trajectory below $1,700 is the honest expression of that demand absence. Investors withdrawing ETH from exchanges are expressing a long-term view about where the asset is headed. The market&#8217;s short-term price mechanism requires active buyers — participants willing to pay current prices — to validate that view in the near term.
The CryptoQuant assessment is patient rather than alarming. The market needs more time to find a new equilibrium and build the momentum that converts declining exchange supply from a structural positive into an active price catalyst. The foundation is being laid. The demand that activates it has not yet appeared in the data.
Ethereum Breaks Below Key Support As Bears Target Cycle Lows
Ethereum has suffered a major technical breakdown, falling below the February lows and invalidating the multi-month range that had defined price action since the capitulation event earlier this year. ETH is now trading near $1,675 after losing the $1,800-$1,850 support zone, which had previously acted as the floor for the February-to-May consolidation structure.
This breakdown is significant because the market is no longer simply retesting a known demand area. It has moved below it. That means Ethereum is now in a weaker technical position, with price entering territory not defended during the prior recovery attempt. The failed support zone around $1,800-$1,900 now becomes immediate resistance, and any bounce into that area will likely test whether buyers can reclaim the previous range or whether sellers use it as a distribution zone.
The broader structure remains clearly bearish. ETH trades below the 50-, 100-, and 200-day moving averages, all of which are positioned above price, reinforcing overhead resistance. The rejection from the $2,250-$2,350 supply zone in May now looks like the final lower high before the current breakdown.
Volume has expanded during the selloff, confirming that the move reflects active selling pressure rather than thin liquidity alone. With February lows broken, the next downside levels are less clearly defined on this chart. Bulls now need to recover $1,800 quickly to avoid confirming a deeper continuation lower.
Featured image from ChatGPT, chart from TradingView.com
]]></description><link>https://coinsnews.com/ethereum-exchange-supply-keeps-falling-so-why-isnt-price-rising</link><guid>857793</guid><author>COINS NEWS</author><dc:content >https://i0.wp.com/img.cryptoquant.com/206871/quicktake/JmT0MP_8d0105b087b036f962aabc348446732a80bbb37a7a8f146100e0b4328a2733ee.png?resize=1280%2C720&amp;#038;ssl=1</dc:content ><dc:text>Ethereum Exchange Supply Keeps Falling – So Why Isn’t Price Rising?</dc:text></item><item><title>Hundreds of Millions in Bitcoin at Center of Violent Kidnapping Plot</title><description><![CDATA[A kidnapping and Lamborghini carjacking tied to a theft of hundreds of millions of dollars in bitcoin are now central to a federal criminal case, highlighting the real-world dangers that can emerge from high-stakes cryptocurrency disputes. A Bitcoin Theft Became the Focus of a Violent Federal Case The U.S. Department of Justice (DOJ) said this [&#8230;]]]></description><link>https://coinsnews.com/hundreds-of-millions-in-bitcoin-at-center-of-violent-kidnapping-plot</link><guid>857765</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitcoin-kidnapping-case_nwmk-768x432.jpg</dc:content ><dc:text>Hundreds of Millions in Bitcoin at Center of Violent Kidnapping Plot</dc:text></item><item><title>More Bitcoin Investors Slip Into Unrealized Losses Following Recent Selloff – Here Are The Numbers</title><description><![CDATA[Bitcoin’s recent pullback has significantly flipped the sentiment across the market, with many predicting a more sustained downward performance toward the $60,000 price mark. Following this sharp decline, more investors are now underwater as BTC’s holders’ profitability strongly declines.
Bitcoin’s Sharp Decline Leaves More Holders Underwater
Given its persistent downward trend over the past weeks, the Bitcoin market dynamics are starting to see one of its most crucial changes in this cycle. One area that has significantly felt the heat of this ongoing bearish action is the holder profitability.
Currently, unrealized losses across the BTC market are experiencing a notable rise, underscoring the heightened pressure that volatility is placing on investors. CryptoQuant’s verified author and market expert, Darkfost, shared that BTC’s price has posted a 12.5% correction over the past week, pushing more investors into unrealized losses.
This increase in unrealized losses implies that many investors who entered the market during the most recent surge are now below their purchase cost as prices decline from recent highs. A sustained rise in this trend could trigger a shift in investors’ sentiment and behavior, leading to increased caution, reduced risk appetite, and a potential capitulation among some weak traders.
According to fresh data, the percentage of supply held in profit has now fallen to about 55%, which is considered a notably low level. However, this level is still slightly above those seen in previous bear market cycles. In the past, bear markets were able to lower this indicator below 50%, indicating that the market was dominated by unrealized losses.
As seen on the chart, this key metric dropped to 53% in February this year. With the rate at which this metric is dropping now, Darkfost believes it will breach the 50% mark sooner than expected. While this remains a bearish development in the short term, especially for those with a long-term vision, this type of period has persistently represented profitable opportunities in the past.
Market Structure Showing A Massive Change Of Hands
Following his examination of this current market structure, Ki Young Ju, the founder of CryptoQuant, has declared this period a distribution phase that feels like a massive change of hands. At the time of the post, BTC’s investors’ average cost basis was around $53,000, which is crucial for the market. This is because bear markets have historically only ended when the price dropped below the realized price.
Given the institutional inflows and Michael Saylor’s Strategy barely selling any BTC, the founder believes that the level would be hard to revisit. However, current price action suggests unusually strong sell pressure that could push BTC to this level.
Since January 2023, MSTR has bought over 711,206 BTC and sold only 32 BTC, removing 711,174 BTC from circulation. Furthermore, ETFs absorbed 509,102 BTC, and MSTR purchased 650,706 BTC while the price was also at $63,000 in March 2024. Combined, that’s over 1,240,808 BTC removed from circulation, but the price is back at the same level.
Moving to exchanges reserves, about 2.7 million BTC are being held in addition to Satoshi’s estimated 1 million BTC holdings. Nearly half of exchange reserves, or more Bitcoin than Satoshi&#8217;s stack, have been consumed, and the price has not changed.
]]></description><link>https://coinsnews.com/more-bitcoin-investors-slip-into-unrealized-losses-following-recent-selloff-here-are-the-numbers</link><guid>857794</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/Bitcoin-chart-from-Darkfost-.jpeg?w=640&amp;#038;resize=640%2C360</dc:content ><dc:text>More Bitcoin Investors Slip Into Unrealized Losses Following Recent Selloff – Here Are The Numbers</dc:text></item><item><title>BTC: Why Bitcoin May Be Bottoming Now, Levels To Watch (Cryptocurrency:BTC-USD) - Seeking Alpha</title><description><![CDATA[BTC: Why Bitcoin May Be Bottoming Now, Levels To Watch (Cryptocurrency:BTC-USD)& & Seeking Alpha]]></description><link>https://coinsnews.com/btc-why-bitcoin-may-be-bottoming-now-levels-to-watch-cryptocurrencybtc-usd-seeking-alpha</link><guid>857783</guid><author>COINS NEWS</author><dc:content /><dc:text>BTC: Why Bitcoin May Be Bottoming Now, Levels To Watch (Cryptocurrency:BTC-USD) - Seeking Alpha</dc:text></item><item><title>CLARITY Act Push Gains Momentum as Lawmakers Race to Lock in US Crypto Rules</title><description><![CDATA[The CLARITY Act push is gaining momentum as lawmakers seek federal rules for digital asset markets. The proposal has attracted support from congressional leaders, industry organizations, consumer-focused groups, national security veterans, and President Donald Trump. CLARITY Act Push Gains Momentum as Lawmakers Warn of Global Stakes Momentum behind the Digital Asset Market Clarity Act (CLARITY [&#8230;]]]></description><link>https://coinsnews.com/clarity-act-push-gains-momentum-as-lawmakers-race-to-lock-in-us-crypto-rules</link><guid>857766</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/clarity-act-gains-momentum_nwmk-768x432.jpg</dc:content ><dc:text>CLARITY Act Push Gains Momentum as Lawmakers Race to Lock in US Crypto Rules</dc:text></item><item><title>Bitcoin’s Broken Promise Wipes Out Billions in Bullish Crypto Bets - Bloomberg.com</title><description><![CDATA[Bitcoin’s Broken Promise Wipes Out Billions in Bullish Crypto Bets& & Bloomberg.com]]></description><link>https://coinsnews.com/bitcoins-broken-promise-wipes-out-billions-in-bullish-crypto-bets-bloombergcom</link><guid>857779</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin’s Broken Promise Wipes Out Billions in Bullish Crypto Bets - Bloomberg.com</dc:text></item><item><title>MSTR Stock Ends Week Lowest Since November 2022 As Bitcoin Plummets - Yahoo Finance</title><description><![CDATA[MSTR Stock Ends Week Lowest Since November 2022 As Bitcoin Plummets& & Yahoo Finance]]></description><link>https://coinsnews.com/mstr-stock-ends-week-lowest-since-november-2022-as-bitcoin-plummets-yahoo-finance</link><guid>857915</guid><author>COINS NEWS</author><dc:content /><dc:text>MSTR Stock Ends Week Lowest Since November 2022 As Bitcoin Plummets - Yahoo Finance</dc:text></item><item><title>Why The Extreme FUD And Bearish Pressure Could Be Good News For The XRP Price</title><description><![CDATA[The XRP price has continued its downward sweep, currently trading slightly around $1.1 after declining over 14% this week. As upward momentum and trading activity weaken, on-chain reports reveal that the market is now being dominated by bearish pressure and extreme Fear, Uncertainty, and Doubt (FUD). While most would expect these negative trends to further hurt price action, crypto market intelligence platform Santiment suggests the opposite, indicating that the current negative sentiment may be creating the conditions for a much-needed recovery.   
Why Extreme FUD May Be A Good Sign For XRP Price
In a recent X post, Santiment announced that XRP’s crowd FUD has hit its highest level in three weeks. The data show that the ratio of positive to negative social media comments about the altcoin had dropped to just 1.1 bullish comments for every 1 bearish comment. This suggests that market sentiment is becoming more negative as the price continues to decline and the bullish structure weakens. 
Notably, the crowd sentiment fell into negative territory around May 25. However, Santiment stated that this level of fear and skepticism has historically run counter to XRP’s price direction and the market&#8217;s general expectations. 
The crypto analytics firm explained that when traders across social media platforms like X become extremely fearful, many weak hands are often shaken out of the market, effectively reducing the selling pressure that had been weighing on price action. Consequently, this creates the perfect conditions to support a potential rebound, as panic fades and stronger holders begin to stabilize prices.
Pointing to the accompanying chart, Santiment revealed that during previous dips into the FUD zone, XRP’s price often paused its decline and even climbed to higher levels. This unusual but recurring trend is why the crypto research firm suggests that the current extreme FUD around the altcoin could be a good signal for its price, reinforcing the possibility of a much-needed rebound.
Meanwhile, Santiment pointed out that deep FUD zones also present attractive dip-buying opportunities. In other words, while many market participants view XRP’s $1.1 price level as bearish, opportunistic investors may see it as a chance to buy low in anticipation of a strong recovery. 
Price Behavior When The Market Enters The FOMO Zone
Santiment also highlighted in its post that extreme optimism in the market can have the opposite effect of fear-driven rallies. According to the report, when XRP&#8217;s price enters the Fear Of Missing Out (FOMO) zone, it shows that traders are becoming overconfident and buying aggressively.
These conditions usually appear near all-time highs or local peaks, where most traders are already heavily bullish. With so many buyers already in the market, there are fewer new participants to sustain the momentum. As a result, the rally can stall quickly, potentially pushing the XRP price to new lows.
]]></description><link>https://coinsnews.com/why-the-extreme-fud-and-bearish-pressure-could-be-good-news-for-the-xrp-price</link><guid>857746</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/XRP-chart-from-Santiment.jpg?w=512&amp;#038;resize=512%2C269</dc:content ><dc:text>Why The Extreme FUD And Bearish Pressure Could Be Good News For The XRP Price</dc:text></item><item><title>Polymarket CMO Used Personal PayPal to Pay Influencers, POLITICO Reports</title><description><![CDATA[Polymarket’s chief marketing officer sent more than $2.5 million through a personal PayPal account to over 800 people in 14 months, including at least $350,000 to influencers who promoted the crypto prediction market on X without disclosing they were paid, POLITICO reports. $2.5 Million Through a Personal PayPal Account According to a POLITICO investigation published [&#8230;]]]></description><link>https://coinsnews.com/polymarket-cmo-used-personal-paypal-to-pay-influencers-politico-reports</link><guid>857767</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/polymarket-trader-loses-527k-as-strategys-first-bitcoin-sale-since-2022-settles-a-heated-bet_nwmk-768x432.png</dc:content ><dc:text>Polymarket CMO Used Personal PayPal to Pay Influencers, POLITICO Reports</dc:text></item><item><title>USDT Hits Near 100% Market Share in Key Latam Markets, New Oobit Report Reveals</title><description><![CDATA[A recent report by Oobit disclosed that in almost all Latam markets, most stablecoin transactions were completed using USDT, which acts as the de facto dollar proxy in the region. In addition, the company highlighted that the region’s use of stablecoins was akin to cash. Oobit Highlights Tether’s Domain Of Latam’s Stablecoin Markets USDT, in [&#8230;]]]></description><link>https://coinsnews.com/usdt-hits-near-100-market-share-in-key-latam-markets-new-oobit-report-reveals</link><guid>857768</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/latamflags_nwmk-768x432.jpg</dc:content ><dc:text>USDT Hits Near 100% Market Share in Key Latam Markets, New Oobit Report Reveals</dc:text></item><item><title>Hyperliquid Faces 5 Possible Paths As US Regulatory Pressure Builds: Expert</title><description><![CDATA[Hyperliquid is facing a growing set of regulatory constraints in the US and UK, even as the decentralized perpetuals venue continues to attract major market attention. Derek Edwards, managing partner at Collab+Currency and co-founder of Glitch Marfa, said the project now appears to have five possible routes as US oversight of crypto perps begins to harden.
In a post on X, Edwards described Hyperliquid as “a killer product,” but argued that its path into the US market is being complicated across three layers: the product layer, the network and token layer, and the collateral layer. The immediate backdrop is a shifting US derivatives regime after the CFTC approved Kalshi’s BTCPERP contract and separately cleared a path for certain Coinbase-linked Deribit perpetuals to be treated as foreign futures.
That matters because Hyperliquid’s core product sits directly in the part of the market regulators are now bringing onshore. As Edwards framed it, regulated distribution of perps in the US may require “a fully regulated venue, compliant customer funds path, approved product scope, surveillance, disclosures, and accountable corporate counterparties.” Without that infrastructure, he warned, offering Hyperliquid liquidity to US customers could be viewed as routing users into an unapproved offshore venue.
The 5 Options For Hyperliquid
The first option, in his view, is the simplest but most limiting: Hyperliquid could ignore the US market and remain offshore. Edwards compared that route to Binance’s main exchange, which eventually had to more aggressively block American users after years of lighter restrictions. Such an approach could preserve Hyperliquid’s current product experience, but it would also leave US institutional access on the table.
The second route would be a US regulated wrapper. Under that model, the main offshore venue would continue serving global crypto-native users, while a separate affiliate or partner offered regulated perps through a compliant structure. Edwards called this “Hyperliquid US” and said that “in a perfect world” it would be the ideal outcome for targeting US users. But the tradeoff would likely be a meaningful separation of customer funds, product scope and HYPE value capture from the main network.
That separation is central to the securities-law concern. If revenue from a regulated corporate venue flowed into buybacks, burns or assistance-fund mechanics, Edwards argued, it could begin to look as though token holders were economically participating in the profits of an operating company. “Net net,” he wrote, “this model would likely require a significant rewrite of how the Hyperliquid network works for US participation.”
A third path would be decentralization under the CLARITY Act framework. Edwards said the bill offers a major potential route for protocols to “progressively decentralize” until a network and token are no longer under “coordinated control.” In theory, that could help a token shift from a securities framework toward a digital commodity classification.
For Hyperliquid, however, Edwards argued that this route would carry operational costs. The project would likely need to broaden validators, decentralize listings, decentralize oracle and risk controls, reduce emergency discretion, dilute controlled ownership and make upgrades more governance-driven. That would be a significant change for a platform whose market appeal has partly rested on fast product decisions by a highly capable core team.
Crucially, he added, decentralization would not solve everything. “The clarity act’s decentralization framework is not a DCM/DCO workaround. Even if the hyperliquid network could eventually satisfy clarity’s decentralized governance framework, this would still not automatically permit hyperliquid to offer perps directly to US users.” In other words, token classification and derivatives-market access remain separate problems.
The fourth route would be the most compliant but also the most damaging to the current network thesis: centralize the company, restructure HYPE as a security and move value capture toward equity, licensing or regulated-entity revenue. Edwards called this “probably the weakest option game theoretically,” because it would cut against the idea that protocol activity and economics are aligned around HYPE as a digital commodity.
The fifth option is lobbying. Edwards pointed to policy work around Hyperliquid as evidence that the industry may push for a bespoke framework for crypto-native perp venues. Still, he cautioned that even a more flexible CFTC approach would not automatically resolve HYPE’s classification under CLARITY.
The pressure is not purely theoretical. CME Group and Intercontinental Exchange have already urged US regulators to scrutinize Hyperliquid over market-manipulation and sanctions-evasion risks, while the UK Financial Conduct Authority warned in May that Hyperliquid may be providing or promoting financial services without authorization. Meanwhile, Coinbase’s move to become the official treasury deployer of USDC on Hyperliquid deepens the protocol’s connection to US-regulated infrastructure at the collateral layer.
At press time, HYPE traded at $61.628.
]]></description><link>https://coinsnews.com/hyperliquid-faces-5-possible-paths-as-us-regulatory-pressure-builds-expert</link><guid>857747</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/HYPEUSDT_2026-06-05_13-50-18.png?resize=1024%2C502</dc:content ><dc:text>Hyperliquid Faces 5 Possible Paths As US Regulatory Pressure Builds: Expert</dc:text></item><item><title>Bitcoin Price Hits Lowest Level Since Before Trump’s 2024 Election Win - Gizmodo</title><description><![CDATA[Bitcoin Price Hits Lowest Level Since Before Trump’s 2024 Election Win& & Gizmodo]]></description><link>https://coinsnews.com/bitcoin-price-hits-lowest-level-since-before-trumps-2024-election-win-gizmodo</link><guid>857781</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Price Hits Lowest Level Since Before Trump’s 2024 Election Win - Gizmodo</dc:text></item><item><title>Analyst who nailed 2021 Bitcoin crash sends another warning - Yahoo Finance Singapore</title><description><![CDATA[Analyst who nailed 2021 Bitcoin crash sends another warning& & Yahoo Finance Singapore]]></description><link>https://coinsnews.com/analyst-who-nailed-2021-bitcoin-crash-sends-another-warning-yahoo-finance-singapore</link><guid>857900</guid><author>COINS NEWS</author><dc:content /><dc:text>Analyst who nailed 2021 Bitcoin crash sends another warning - Yahoo Finance Singapore</dc:text></item><item><title>Why Is Bitcoin Crashing? Worst Week of 2026, $59,100 Low, and More Than Half of All BTC Now in the Red</title><description><![CDATA[Bitcoin fell to its lowest price of 2026 on Friday, touching $59,100 intraday as over 351,000 traders were liquidated across crypto markets in a single 24-hour window. Bitcoin Falls 19% in 7 Days and Touches $59,100 The move extended a sharp selloff that has taken bitcoin down 19.3% in seven days, 22.2% in the past [&#8230;]]]></description><link>https://coinsnews.com/why-is-bitcoin-crashing-worst-week-of-2026-59100-low-and-more-than-half-of-all-btc-now-in-the-red</link><guid>857769</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/bitcoins-worst-week-of-2026-59100-low-1-75b-liquidated-and-more-than-half-of-all-btc-in-the-red_nwmk-768x432.png</dc:content ><dc:text>Why Is Bitcoin Crashing? Worst Week of 2026, $59,100 Low, and More Than Half of All BTC Now in the Red</dc:text></item><item><title>Bitcoin is suffering from an ‘attention’ deficit, as momentum traders have moved on - MarketWatch</title><description><![CDATA[Bitcoin is suffering from an ‘attention’ deficit, as momentum traders have moved on& & MarketWatch]]></description><link>https://coinsnews.com/bitcoin-is-suffering-from-an-attention-deficit-as-momentum-traders-have-moved-on-marketwatch</link><guid>857669</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin is suffering from an ‘attention’ deficit, as momentum traders have moved on - MarketWatch</dc:text></item><item><title>Tech Selloff, Bitcoin Drop Test Retail Investor Strength Ahead of SpaceX IPO - Bloomberg.com</title><description><![CDATA[Tech Selloff, Bitcoin Drop Test Retail Investor Strength Ahead of SpaceX IPO& & Bloomberg.com]]></description><link>https://coinsnews.com/tech-selloff-bitcoin-drop-test-retail-investor-strength-ahead-of-spacex-ipo-bloombergcom</link><guid>857782</guid><author>COINS NEWS</author><dc:content /><dc:text>Tech Selloff, Bitcoin Drop Test Retail Investor Strength Ahead of SpaceX IPO - Bloomberg.com</dc:text></item><item><title>Bitcoin Falls to Lowest Price Since October 2024 - The American Conservative</title><description><![CDATA[Bitcoin Falls to Lowest Price Since October 2024& & The American Conservative]]></description><link>https://coinsnews.com/bitcoin-falls-to-lowest-price-since-october-2024-the-american-conservative</link><guid>857670</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Falls to Lowest Price Since October 2024 - The American Conservative</dc:text></item><item><title>Bitcoin Falls to Lowest Price Since Trump’s 2024 Victory - The American Conservative</title><description><![CDATA[Bitcoin Falls to Lowest Price Since Trump’s 2024 Victory& & The American Conservative]]></description><link>https://coinsnews.com/bitcoin-falls-to-lowest-price-since-trumps-2024-victory-the-american-conservative</link><guid>857806</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Falls to Lowest Price Since Trump’s 2024 Victory - The American Conservative</dc:text></item><item><title>MSTR Stock Alert: Strategy Plummets as Bitcoin Sinks Below $60K - Yahoo Finance</title><description><![CDATA[MSTR Stock Alert: Strategy Plummets as Bitcoin Sinks Below $60K& & Yahoo Finance]]></description><link>https://coinsnews.com/mstr-stock-alert-strategy-plummets-as-bitcoin-sinks-below-60k-yahoo-finance</link><guid>858083</guid><author>COINS NEWS</author><dc:content /><dc:text>MSTR Stock Alert: Strategy Plummets as Bitcoin Sinks Below $60K - Yahoo Finance</dc:text></item><item><title>MSTR Stock Alert: Strategy Plummets as Bitcoin Sinks Below $60K - Barchart.com</title><description><![CDATA[MSTR Stock Alert: Strategy Plummets as Bitcoin Sinks Below $60K& & Barchart.com]]></description><link>https://coinsnews.com/mstr-stock-alert-strategy-plummets-as-bitcoin-sinks-below-60k-barchartcom</link><guid>857675</guid><author>COINS NEWS</author><dc:content /><dc:text>MSTR Stock Alert: Strategy Plummets as Bitcoin Sinks Below $60K - Barchart.com</dc:text></item><item><title>Could Solana Be The Best Spot Trading Market Globally? This Crypto Pundit Thinks So</title><description><![CDATA[Heavily haken by ongoing volatility, Solana and its broader market are facing heightened downside pressure, pushing its price to the $68 mark. Despite how bearish SOL has turned out over the past few months, robust optimism continued to be expressed toward the leading altcoin and its market capability.
Solana’s Market Structure Draws Bold Endorsement
After conducting an extensive review of market structure, a crypto pundit has made an audacious comment on Solana’s market coverage and infrastructure. The evaluation from Chase, a Solana mobile employer, may identify the altcoin’s robust, growing ecosystem as the primary driver of its growing allure.
In his view, Solana has the infrastructure to be the best spot market in the entire world. In addition, the network is likely to produce more revenue than any blockchain in the world. 
As rivalry among the main blockchain networks heats up, Solana has made a name for itself as a hub for capital formation and trade. “Getting more people on-chain and off CEX is how you do it,” Chase stated. According to the pundit, SOL has the assets, the breads, and liquidity, but most people do not know that it is the best place to trade spot markets yet. 
For those trading outside the network, Chase believes they are never going to grow without expanding SOL’s retail and trader ecosystem. Ultimately, this audacious assertion is probably going to spark more discussion in the cryptocurrency sector as participants continue to assess which networks are most likely to control the upcoming stage of the adoption of digital assets.
Solana’s network and its ecosystem continue to demonstrate robust growth and strength. In terms of TCGs (Total Capital Generated), SOL has reached yet another crucial milestone. Zensei reported that the TCGs weekly pack volume recently surged to $73.6 million, marking its all-time high, and underscoring the network’s accelerating economic activity. 
A surge to a new record for capital generation demonstrates the network&#8217;s growing usefulness and capacity to support rising activity levels. This growth was led by Collector Crypt as well as the strong contributions from the phygital. Looking at the chart, both continue to attract significant activity on the Solana network, which remains the undisputed king of on-chain TCGs.
A New Leader In Tokenized Stocks Market Cap
Another key area of the market where Solana is demonstrating strong dominance is the volume of tokenized stocks. According to Zensei, the network is the new king of tokenized stocks, overshadowing the likes of Ethereum.
Data shows that SOL has overtaken Ethereum to become the number 1 chain by tokenized stock market cap. Over the past week, the market grew from $469.9 million to $724.1 million, representing an increase of over 54%. The market has spoken, and more capital is opting for Solana when it comes to tokenized equities. At the time of writing, the SOL price was trading at $64, dropping by almost 9% over the past day.
]]></description><link>https://coinsnews.com/could-solana-be-the-best-spot-trading-market-globally-this-crypto-pundit-thinks-so</link><guid>857748</guid><author>COINS NEWS</author><dc:content >https://bitcoinist.com/wp-content/uploads/2026/06/Solana-chart-from-Zensei.png?w=640&amp;#038;resize=640%2C374</dc:content ><dc:text>Could Solana Be The Best Spot Trading Market Globally? This Crypto Pundit Thinks So</dc:text></item><item><title>Bitcoin drops below $60,000, despite Trump's embrace - Mashable</title><description><![CDATA[Bitcoin drops below $60,000, despite Trump's embrace& & Mashable]]></description><link>https://coinsnews.com/bitcoin-drops-below-60000-despite-trumps-embrace-mashable</link><guid>857667</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin drops below $60,000, despite Trump's embrace - Mashable</dc:text></item><item><title>'Fast Money' traders on bitcoin falling below $60,000 - CNBC</title><description><![CDATA['Fast Money' traders on bitcoin falling below $60,000& & CNBC]]></description><link>https://coinsnews.com/fast-money-traders-on-bitcoin-falling-below-60000-cnbc</link><guid>857780</guid><author>COINS NEWS</author><dc:content /><dc:text>'Fast Money' traders on bitcoin falling below $60,000 - CNBC</dc:text></item><item><title>Jefferies' Andrew Moss talks Bitcoin falling below $60,000 - CNBC</title><description><![CDATA[Jefferies' Andrew Moss talks Bitcoin falling below $60,000& & CNBC]]></description><link>https://coinsnews.com/jefferies-andrew-moss-talks-bitcoin-falling-below-60000-cnbc</link><guid>857665</guid><author>COINS NEWS</author><dc:content /><dc:text>Jefferies' Andrew Moss talks Bitcoin falling below $60,000 - CNBC</dc:text></item><item><title>Ethereum Drags Altcoins Below $880B as 22% Weekly Slide Shakes Trader Confidence</title><description><![CDATA[A broad crypto sell-off on Friday dragged the total altcoin market capitalization down to $880 billion. Zcash was the hardest-hit major token, crashing over 40% to $264.80. Market Bloodbath Drags Altcoin Cap Below $1 Trillion The mayhem that characterized the cryptocurrency market on Friday saw several high-cap altcoins log double-digit losses, resulting in the aggregate [&#8230;]]]></description><link>https://coinsnews.com/ethereum-drags-altcoins-below-880b-as-22-weekly-slide-shakes-trader-confidence</link><guid>857770</guid><author>COINS NEWS</author><dc:content >https://static.news.bitcoin.com/wp-content/uploads/2026/06/ethereum-plunges-_nwmk-postfix-768x432.jpg</dc:content ><dc:text>Ethereum Drags Altcoins Below $880B as 22% Weekly Slide Shakes Trader Confidence</dc:text></item><item><title>Bitcoin Dive Will Hike Strategy's Borrowing Rate To 11.75% — At Least - Investor's Business Daily</title><description><![CDATA[Bitcoin Dive Will Hike Strategy's Borrowing Rate To 11.75% — At Least& & Investor's Business Daily]]></description><link>https://coinsnews.com/bitcoin-dive-will-hike-strategys-borrowing-rate-to-1175-at-least-investors-business-daily</link><guid>857824</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Dive Will Hike Strategy's Borrowing Rate To 11.75% — At Least - Investor's Business Daily</dc:text></item><item><title>Bitcoin Drops To $59,000 For First Time Since 2024: Crypto’s Total Value Sheds $2 Trillion Since October</title><description><![CDATA[Bitcoin (BTC) accelerated its decline on Friday, falling to roughly $59,685—the lowest level seen since October 2024, when US voters were preparing for the November presidential elections of that year. 
The sell-off has now spilled beyond BTC itself, dragging the wider crypto market lower and wiping out more than $2 trillion of value since the market’s October 2025 peak of about $4.2 trillion.
Bitcoin Sell-off Accelerates
According to Bloomberg, the latest decline was driven by several factors acting simultaneously. Over the past month, there has been a significant increase in outflows from Bitcoin exchange-traded funds (ETFs), while renewed geopolitical tensions have also affected investor sentiment.  
Smaller tokens also weakened alongside Bitcoin. Ethereum (ETH) slid as much as 12.8% to $1,550 on Friday to its lowest level since April 2025. Other large-cap cryptocurrencies followed suit, with XRP, Solana, and Dogecoin each dropping more than 5%. 
On the back of these drops, market sentiment has deteriorated sharply. The crypto Fear &amp; Greed Index, which gauges sentiment using factors such as price volatility, trading volumes, and social media activity, fell to 16 as of Friday. That level sits well below the neutral 50 threshold and signals “extreme fear” in the market.
$68,000 By Year-End?
Bitcoin is now down by more than 50% from the all-time high of around $126,000 reached in October. Over the same period, the total value of Bitcoin’s market has fallen from roughly $2.5 trillion to about $1.2 trillion.
Looking ahead, Kalshi traders are calling for Bitcoin to end the year around $65,000. While that would represent an increase from current levels, it would still leave BTC far below its all-time highs, suggesting that even a rebound scenario may not be enough to fully erase the damage investors have already absorbed.
Featured image created with OpenArt; chart from TradingView.com
]]></description><link>https://coinsnews.com/bitcoin-drops-to-59000-for-first-time-since-2024-cryptos-total-value-sheds-2-trillion-since-october</link><guid>857749</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Drops To $59,000 For First Time Since 2024: Crypto’s Total Value Sheds $2 Trillion Since October</dc:text></item><item><title>Bitcoin hits lowest level since October 2024 as crypto selloff accelerates - CNBC</title><description><![CDATA[Bitcoin hits lowest level since October 2024 as crypto selloff accelerates& & CNBC]]></description><link>https://coinsnews.com/bitcoin-hits-lowest-level-since-october-2024-as-crypto-selloff-accelerates-cnbc</link><guid>857657</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin hits lowest level since October 2024 as crypto selloff accelerates - CNBC</dc:text></item><item><title>Bitcoin Falls Below $60,000 for First Time Since 2024 Trump Win - Bloomberg.com</title><description><![CDATA[Bitcoin Falls Below $60,000 for First Time Since 2024 Trump Win& & Bloomberg.com]]></description><link>https://coinsnews.com/bitcoin-falls-below-60000-for-first-time-since-2024-trump-win-bloombergcom</link><guid>857652</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Falls Below $60,000 for First Time Since 2024 Trump Win - Bloomberg.com</dc:text></item><item><title>Bitcoin Falls Below $60,000 for First Time Since 2024 Trump Win - Yahoo Finance</title><description><![CDATA[Bitcoin Falls Below $60,000 for First Time Since 2024 Trump Win& & Yahoo Finance]]></description><link>https://coinsnews.com/bitcoin-falls-below-60000-for-first-time-since-2024-trump-win-yahoo-finance</link><guid>857650</guid><author>COINS NEWS</author><dc:content /><dc:text>Bitcoin Falls Below $60,000 for First Time Since 2024 Trump Win - Yahoo Finance</dc:text></item><item><title>Weekly Wrap: Bitcoin Hits Two-Year Low Amid Relentless Selling - Yahoo Finance</title><description><![CDATA[Weekly Wrap: Bitcoin Hits Two-Year Low Amid Relentless Selling& & Yahoo Finance]]></description><link>https://coinsnews.com/weekly-wrap-bitcoin-hits-two-year-low-amid-relentless-selling-yahoo-finance</link><guid>857655</guid><author>COINS NEWS</author><dc:content /><dc:text>Weekly Wrap: Bitcoin Hits Two-Year Low Amid Relentless Selling - Yahoo Finance</dc:text></item><item><title>Strategy Shares Fall to 4-Month Low as STRC Dips and Bitcoin Sinks Under $60K - Yahoo Finance</title><description><![CDATA[Strategy Shares Fall to 4-Month Low as STRC Dips and Bitcoin Sinks Under $60K& & Yahoo Finance]]></description><link>https://coinsnews.com/strategy-shares-fall-to-4-month-low-as-strc-dips-and-bitcoin-sinks-under-60k-yahoo-finance</link><guid>857662</guid><author>COINS NEWS</author><dc:content /><dc:text>Strategy Shares Fall to 4-Month Low as STRC Dips and Bitcoin Sinks Under $60K - Yahoo Finance</dc:text></item></channel></rss>