https://news.mcmedia.cam/feed/Blockchain MCMedia News RSS Feed - Blockchain specific feed https://news.mcmedia.cam/rss-info.html MCMedia RSS Generator v1.0 Thu, 11 Jun 2026 19:50:32 +0000 https://news.bitcoin.com/audieras-beat-surges-60-to-9-34-as-ai-partnership-fuels-fresh-buying/ Thu, 11 Jun 2026 17:35:07 +0000 The utility token for the Web3 music and dance platform Audiera surged over 60%, reaching an all-time high of $9.34 and driving its market capitalization to $2.68 billion. BEAT Token Hits All-Time High Amid Market Surge On June 11, the utility token for Web3 music and dance platform Audiera surged over 60% to a new [] Blockchain/Bitcoin_News https://www.theblock.co/post/404458/coinbase-agents-dedicated-accounts-ai-bots-trade-pay-users?utm_source=rss&utm_medium=rss Thu, 11 Jun 2026 13:11:22 -0400 AI agents will get access to trade, manage money, and make payments on behalf of Coinbase users via dedicated accounts. Blockchain/The_Block https://www.theblock.co/post/404458/coinbase-agents-dedicated-accounts-ai-bots-trade-pay-users?utm_source=rss&utm_medium=rss Thu, 11 Jun 2026 13:11:22 -0400 AI agents will get access to trade, manage money, and make payments on behalf of Coinbase users via dedicated accounts. Blockchain/The_Block https://news.bitcoin.com/blackrock-targets-bitcoin-yield-with-0-65-fee-covered-call-etf/ Thu, 11 Jun 2026 17:05:21 +0000 Blackrock has filed another amendment for its Ishares Bitcoin Premium Income ETF, revealing a 0.65% sponsor fee. The proposed fund would use covered call strategies on IBIT shares and related ETP indexes to generate income for investors. Blackrock Plans Bitcoin Income ETF as Launch Race With Goldman Sachs Heats Up Blackrock has taken another step […] Blockchain/Bitcoin_News https://news.bitcoin.com/blackrock-targets-bitcoin-yield-with-0-65-fee-covered-call-etf/ Thu, 11 Jun 2026 17:05:21 +0000 Blackrock has filed another amendment for its Ishares Bitcoin Premium Income ETF, revealing a 0.65% sponsor fee. The proposed fund would use covered call strategies on IBIT shares and related ETP indexes to generate income for investors. Blackrock Plans Bitcoin Income ETF as Launch Race With Goldman Sachs Heats Up Blackrock has taken another step [] Blockchain/Bitcoin_News https://www.newsbtc.com/news/ethereum/ethereum-nears-200-million-wallets/ Thu, 11 Jun 2026 17:00:08 +0000 Despite persistent market uncertainty and bearish sentiment across parts of the cryptocurrency sector, Ethereum is approaching a significant adoption milestone, with the number of non-empty wallets nearing 200 million. While price fluctuations often dominate investor attention, the steady growth in wallet activity suggests that participation in the ETH ecosystem continues to expand. How Ethereum’s Expanding User Network Signals Resilience Ethereum is rapidly approaching a major adoption milestone, with the network now approaching 200 million non-empty wallets despite high Fear, Uncertainty, and Doubt (FUD). Santiment Intelligence on X pointed out that the ETH network continues to grow exponentially compared to other top market capitalizations, while facing some of the most negative sentiment in crypto. Related Reading: Ethereum Price Gets Crushed To $1,840 Amid Relentless Selling Pressure The network now boasts approximately 195 million non-empty wallets, significantly outpacing Bitcoin’s roughly 59 million. This represents a lead of more than 230%, a gap that has continued to grow across multiple market cycles. While social media narratives focus on ETH’s recent price underperformance, user adoption continues to move in the opposite direction. ETH now sits just 5 million wallets away from the 200 million milestone. Much of the growth is driven by ETH dominance in Decentralized Finance (DeFi), staking, and broader on-chain activity, where users are not just holding assets but actively participating in the network. Despite the recent crowd sentiment indicators falling into extreme fear territory, ETH’s rising wallet growth suggests that long-term adoption continues to accelerate beneath the surface. Why Ethereum’s Consolidation May Be A Sign Of Market Maturity Ethereum’s current market structure may be less a sign of weakness and more a reflection of a natural consolidation process. According to Materkel, ETH remains one of the fastest assets in history to reach a $500 million valuation, even if Anthropic might overtake it depending on when it goes public. Related Reading: The Mistake Investors Are Making About Ethereum That Could Cost Them Money; Analyst Rather than signalling weakness, this appears to be an extreme healthy consolidation that happens after an asset has experienced a meteoric rise. Materkel argues that a large portion of BitMine’s ETH is most likely coming from long-term holders who invested as early as the initial coin offering (ICO) or at sub-$100 levels. Over the past five years, with ETH trading between $1,000 and $5,000, many of these investors have had ample opportunity to realize substantial gains. Though some of these investors may have lost conviction, they are also sitting on outsized profits for more than 5 years. It’s only natural that they would sell a bit at some point. Historically, many of the world’s most successful assets have experienced lengthy consolidation phases after periods of explosive growth in the stock market. These consolidation periods often lasted 5, 10, or even 20 years, and are frequently accompanied by widespread skepticism before eventually giving way to powerful new expansion phases. Featured image from Getty Images, chart from Tradingview.com Blockchain/NewsBTC https://www.newsbtc.com/news/ethereum/ethereum-nears-200-million-wallets/ Thu, 11 Jun 2026 17:00:08 +0000 Despite persistent market uncertainty and bearish sentiment across parts of the cryptocurrency sector, Ethereum is approaching a significant adoption milestone, with the number of non-empty wallets nearing 200 million. While price fluctuations often dominate investor attention, the steady growth in wallet activity suggests that participation in the ETH ecosystem continues to expand. How Ethereums Expanding User Network Signals Resilience Ethereum is rapidly approaching a major adoption milestone, with the network now approaching 200 million non-empty wallets despite high Fear, Uncertainty, and Doubt (FUD). Santiment Intelligence on X pointed out that the ETH network continues to grow exponentially compared to other top market capitalizations, while facing some of the most negative sentiment in crypto. Related Reading: Ethereum Price Gets Crushed To $1,840 Amid Relentless Selling Pressure The network now boasts approximately 195 million non-empty wallets, significantly outpacing Bitcoins roughly 59 million. This represents a lead of more than 230%, a gap that has continued to grow across multiple market cycles. While social media narratives focus on ETHs recent price underperformance, user adoption continues to move in the opposite direction. ETH now sits just 5 million wallets away from the 200 million milestone. Much of the growth is driven by ETH dominance in Decentralized Finance (DeFi), staking, and broader on-chain activity, where users are not just holding assets but actively participating in the network. Despite the recent crowd sentiment indicators falling into extreme fear territory, ETHs rising wallet growth suggests that long-term adoption continues to accelerate beneath the surface. Why Ethereums Consolidation May Be A Sign Of Market Maturity Ethereums current market structure may be less a sign of weakness and more a reflection of a natural consolidation process. According to Materkel, ETH remains one of the fastest assets in history to reach a $500 million valuation, even if Anthropic might overtake it depending on when it goes public. Related Reading: The Mistake Investors Are Making About Ethereum That Could Cost Them Money; Analyst Rather than signalling weakness, this appears to be an extreme healthy consolidation that happens after an asset has experienced a meteoric rise. Materkel argues that a large portion of BitMines ETH is most likely coming from long-term holders who invested as early as the initial coin offering (ICO) or at sub-$100 levels. Over the past five years, with ETH trading between $1,000 and $5,000, many of these investors have had ample opportunity to realize substantial gains. Though some of these investors may have lost conviction, they are also sitting on outsized profits for more than 5 years. Its only natural that they would sell a bit at some point. Historically, many of the worlds most successful assets have experienced lengthy consolidation phases after periods of explosive growth in the stock market. These consolidation periods often lasted 5, 10, or even 20 years, and are frequently accompanied by widespread skepticism before eventually giving way to powerful new expansion phases. Featured image from Getty Images, chart from Tradingview.com Blockchain/NewsBTC https://news.bitcoin.com/we-will-be-taking-kharg-island-trump-warning-puts-oil-stocks-and-bitcoin-on-alert/ Thu, 11 Jun 2026 16:14:23 +0000 Trump’s Iran warning and 6.5% PPI put oil, bitcoin, and equities on alert as traders weigh inflation. Trump’s new warning on Iran and a hotter 6.5% producer inflation print gave bitcoin traders a fresh macro test Thursday, with oil, stocks, and crypto all caught between geopolitical risk and rate-cut anxiety. Inflation Reprices the Trade The […] Blockchain/Bitcoin_News https://news.bitcoin.com/we-will-be-taking-kharg-island-trump-warning-puts-oil-stocks-and-bitcoin-on-alert/ Thu, 11 Jun 2026 16:14:23 +0000 Trumps Iran warning and 6.5% PPI put oil, bitcoin, and equities on alert as traders weigh inflation. Trumps new warning on Iran and a hotter 6.5% producer inflation print gave bitcoin traders a fresh macro test Thursday, with oil, stocks, and crypto all caught between geopolitical risk and rate-cut anxiety. Inflation Reprices the Trade The [] Blockchain/Bitcoin_News https://www.newsbtc.com/news/ethereum/ethereum-futures-just-hit-a-binance-record/ Thu, 11 Jun 2026 15:30:17 +0000 Ethereum derivatives activity is flashing a fresh signal on Binance, where open interest measured in ETH terms has reached a new all-time high. The move comes as traders reassess Ethereum after a steep drawdown, even as macro and geopolitical uncertainty continue to suppress broader risk appetite. CryptoQuant analyst Darkfost said the market has become “increasingly difficult to interpret,” with investors and institutions operating against a backdrop of elevated uncertainty tied to tensions between the United States and Iran. That uncertainty is not happening in isolation. According to the analyst, deteriorating economic prospects have made large-scale capital deployment a riskier decision, naturally limiting the willingness of market participants to add exposure. Still, Ethereum futures are showing renewed signs of speculative demand. Binance Ethereum Open Interest Hits New High Darkfost said speculative activity has recently started to revive in derivatives, with Ethereum standing out. The analyst noted that ETH is currently trading roughly 67% below its previous all-time high and has moved into what he described as “an area of extreme oversold conditions” over the past few days. Related Reading: Three Wallets Withdraw $122M In Ethereum From FalconX And Kraken: Is Tom Lee Buying Again? That weakness appears to have drawn in traders looking to rebuild exposure after months of pressure. “Some traders have not overlooked this opportunity and have chosen to increase their exposure despite the risks,” Darkfost wrote. The result, according to the post, is a record level of Ethereum positioning on Binance. “As a result, Binance has just recorded a new all time high in Ethereum Open Interest (ETH value), with nearly 3.7 million ETH currently positioned in futures contracts on the platform,” the analyst said. The figure is notable because it measures positioning in ETH terms rather than only in dollar value. After a large price decline, dollar-denominated open interest can look subdued even when the number of ETH contracts being carried by traders is rising. In this case, the increase suggests that speculative exposure to Ethereum is growing despite the weaker spot price environment. Binance’s role in that activity has also expanded. Darkfost said the exchange’s share of total Ethereum open interest has risen above 44%, reinforcing its dominant position in the ETH derivatives market. Traders Shift After Months Of Seller Dominance The more important question is whether the record open interest reflects bottom-fishing, leveraged hedging, or a more durable change in market positioning. Darkfost’s post points to at least some improvement on the buy side. Related Reading: Ethereum OG Nails The Crash: Sells $188M, Buys Back Lower “Following Ethereum’s sharp devaluation, traders appear to be gradually returning to the buy side,” the analyst wrote. “On Binance, the weekly average Taker Buy/Sell Ratio has increased from 0.95 to 1.0, reflecting a rebalancing of flows after several months of seller dominance.” That move from 0.95 to 1.0 does not indicate aggressive upside chasing by itself. Rather, it suggests that flows have moved closer to balance after an extended period in which sellers had the upper hand. In futures markets, that shift can matter because open interest rising alongside improving taker flow often shows that traders are no longer only using derivatives to press downside momentum. The backdrop remains fragile, however. Higher open interest can amplify moves in either direction, especially when positioning builds during periods of macro stress. If the long side is indeed rebuilding, the market may become more sensitive to forced deleveraging if ETH fails to hold the levels attracting dip buyers. Darkfost framed the setup cautiously, noting that Ethereum sentiment has “deteriorated significantly in recent months.” Even so, the analyst said more investors now appear willing to take the risk of rebuilding exposure, “particularly on the long side,” after a prolonged stretch of dominant selling pressure across futures markets. At press time, ETH traded at $1,658. Featured image created with DALL.E, chart from TradingView.com Blockchain/NewsBTC https://www.newsbtc.com/news/ethereum/ethereum-futures-just-hit-a-binance-record/ Thu, 11 Jun 2026 15:30:17 +0000 Ethereum derivatives activity is flashing a fresh signal on Binance, where open interest measured in ETH terms has reached a new all-time high. The move comes as traders reassess Ethereum after a steep drawdown, even as macro and geopolitical uncertainty continue to suppress broader risk appetite. CryptoQuant analyst Darkfost said the market has become increasingly difficult to interpret, with investors and institutions operating against a backdrop of elevated uncertainty tied to tensions between the United States and Iran. That uncertainty is not happening in isolation. According to the analyst, deteriorating economic prospects have made large-scale capital deployment a riskier decision, naturally limiting the willingness of market participants to add exposure. Still, Ethereum futures are showing renewed signs of speculative demand. Binance Ethereum Open Interest Hits New High Darkfost said speculative activity has recently started to revive in derivatives, with Ethereum standing out. The analyst noted that ETH is currently trading roughly 67% below its previous all-time high and has moved into what he described as an area of extreme oversold conditions over the past few days. Related Reading: Three Wallets Withdraw $122M In Ethereum From FalconX And Kraken: Is Tom Lee Buying Again? That weakness appears to have drawn in traders looking to rebuild exposure after months of pressure. Some traders have not overlooked this opportunity and have chosen to increase their exposure despite the risks, Darkfost wrote. The result, according to the post, is a record level of Ethereum positioning on Binance. As a result, Binance has just recorded a new all time high in Ethereum Open Interest (ETH value), with nearly 3.7 million ETH currently positioned in futures contracts on the platform, the analyst said. The figure is notable because it measures positioning in ETH terms rather than only in dollar value. After a large price decline, dollar-denominated open interest can look subdued even when the number of ETH contracts being carried by traders is rising. In this case, the increase suggests that speculative exposure to Ethereum is growing despite the weaker spot price environment. Binances role in that activity has also expanded. Darkfost said the exchanges share of total Ethereum open interest has risen above 44%, reinforcing its dominant position in the ETH derivatives market. Traders Shift After Months Of Seller Dominance The more important question is whether the record open interest reflects bottom-fishing, leveraged hedging, or a more durable change in market positioning. Darkfosts post points to at least some improvement on the buy side. Related Reading: Ethereum OG Nails The Crash: Sells $188M, Buys Back Lower Following Ethereums sharp devaluation, traders appear to be gradually returning to the buy side, the analyst wrote. On Binance, the weekly average Taker Buy/Sell Ratio has increased from 0.95 to 1.0, reflecting a rebalancing of flows after several months of seller dominance. That move from 0.95 to 1.0 does not indicate aggressive upside chasing by itself. Rather, it suggests that flows have moved closer to balance after an extended period in which sellers had the upper hand. In futures markets, that shift can matter because open interest rising alongside improving taker flow often shows that traders are no longer only using derivatives to press downside momentum. The backdrop remains fragile, however. Higher open interest can amplify moves in either direction, especially when positioning builds during periods of macro stress. If the long side is indeed rebuilding, the market may become more sensitive to forced deleveraging if ETH fails to hold the levels attracting dip buyers. Darkfost framed the setup cautiously, noting that Ethereum sentiment has deteriorated significantly in recent months. Even so, the analyst said more investors now appear willing to take the risk of rebuilding exposure, particularly on the long side, after a prolonged stretch of dominant selling pressure across futures markets. At press time, ETH traded at $1,658. Featured image created with DALL.E, chart from TradingView.com Blockchain/NewsBTC https://news.bitcoin.com/wall-streets-next-onchain-test-gives-citi-clients-tokenized-access-to-private-shares/ Thu, 11 Jun 2026 15:14:24 +0000 Citi has opened a regulated blockchain route into private-company shares, giving Wall Street another live test of tokenization beyond crypto-native trading. The Wall Street Journal reported June 11 that Citigroup is rolling out tokenized shares of private companies for wealthy and institutional clients, initially limited to foreign investors, with the bank hoping other financial institutions […] Blockchain/Bitcoin_News https://news.bitcoin.com/wall-streets-next-onchain-test-gives-citi-clients-tokenized-access-to-private-shares/ Thu, 11 Jun 2026 15:14:24 +0000 Citi has opened a regulated blockchain route into private-company shares, giving Wall Street another live test of tokenization beyond crypto-native trading. The Wall Street Journal reported June 11 that Citigroup is rolling out tokenized shares of private companies for wealthy and institutional clients, initially limited to foreign investors, with the bank hoping other financial institutions [] Blockchain/Bitcoin_News https://news.bitcoin.com/institutional-giants-back-355m-canton-network-round-as-dtcc-treasury-deal-nears/ Thu, 11 Jun 2026 14:05:32 +0000 Digital Asset, the company behind the Canton Network, raised $355 million in a new equity round led by Andreessen Horowitz’s A16z Crypto fund, which contributed $100 million, bringing together one of the most concentrated groups of institutional capital ever assembled behind a blockchain infrastructure play. Who Wrote the Check The round drew participation from Abu […] Blockchain/Bitcoin_News https://news.bitcoin.com/institutional-giants-back-355m-canton-network-round-as-dtcc-treasury-deal-nears/ Thu, 11 Jun 2026 14:05:32 +0000 Digital Asset, the company behind the Canton Network, raised $355 million in a new equity round led by Andreessen Horowitzs A16z Crypto fund, which contributed $100 million, bringing together one of the most concentrated groups of institutional capital ever assembled behind a blockchain infrastructure play. Who Wrote the Check The round drew participation from Abu [] Blockchain/Bitcoin_News https://www.newsbtc.com/news/bitcoin/bitcoin-unbroken-key-line/ Thu, 11 Jun 2026 14:00:17 +0000 Crypto analyst Crypto Rover has pointed to a trendline that Bitcoin has never broken below in every market cycle. The leading crypto has now touched this trendline, providing optimism that it could bounce from that level as it did in previous bear cycles. Bitcoin Touches Trendline That Has Led To Parabolic Rallies In an X post, Crypto Rover revealed that Bitcoin has again touched the trendline it has never broken below in 9 years. Instead, BTC has seen parabolic rallies whenever it touches this trendline. In 2017, it rallied 1,300% after touching this trendline; in 2018, it rallied 1,900% after touching it; and in 2020, it rallied another 1,900% after touching it. Bitcoin saw another parabolic rally of 700% after touching this trendline in 2022. Related Reading: The Verdict Is In For Bitcoin: Majority Of Investors Say BTC Price Is Headed Lower, Here Are The Numbers Now, Bitcoin has once again touched this trendline, offering optimism that it could bounce from this region as it did in past cycles. However, in another X post, Crypto Rover suggested that BTC has not yet found a bottom and could still drop below $60,000 before it bottoms. This came as the analyst alluded to BTC’s realized price. He noted that the short-term holders’ (STH) realized price at $74,000 has been reached, but that the realized price of $53,600 and the long-term holders’ (LTH) realized price of $50,000 have not been reached. Crypto Rover added that every prior cycle bottom has traded below the realized price and that every major flush has kissed the LTH line. As such, BTC is still likely to see another move down before it bottoms. Bitcoin is also at risk of another decline with the U.S.-Iran war escalating again. The U.S. carried out strikes against military targets in Iran, which led to retaliatory attacks against U.S. military bases in the Gulf region. A Drop Below $50,000 Is Also A Possibility Crypto analyst Ali Martinez has indicated that Bitcoin could still drop below $50,000. This came as he pointed to the Investor Price, which he noted is currently $48,300. He said that this level is a key area he is watching for long-term accumulation. The analyst had described this metric as one of the most important BTC on-chain metrics. Related Reading: This Bitcoin Chart Shows What To Expect For The Next 3 Months After Major Decision Point Martinez explained that this metric measures the average acquisition price of all economically circulating Bitcoin, filtering out permanently lost coins to provide a more realistic market-wide cost basis. However, it is worth noting that the analyst had earlier said that there were signs that BTC was about to reach a market bottom. He pointed to the 1.0-0.8 MVRV bands, which align at $53,900 and $43,150. At the time of writing, the Bitcoin price is trading at around $62,600, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com Blockchain/NewsBTC https://www.newsbtc.com/news/bitcoin/bitcoin-unbroken-key-line/ Thu, 11 Jun 2026 14:00:17 +0000 Crypto analyst Crypto Rover has pointed to a trendline that Bitcoin has never broken below in every market cycle. The leading crypto has now touched this trendline, providing optimism that it could bounce from that level as it did in previous bear cycles. Bitcoin Touches Trendline That Has Led To Parabolic Rallies In an X post, Crypto Rover revealed that Bitcoin has again touched the trendline it has never broken below in 9 years. Instead, BTC has seen parabolic rallies whenever it touches this trendline. In 2017, it rallied 1,300% after touching this trendline; in 2018, it rallied 1,900% after touching it; and in 2020, it rallied another 1,900% after touching it. Bitcoin saw another parabolic rally of 700% after touching this trendline in 2022. Related Reading: The Verdict Is In For Bitcoin: Majority Of Investors Say BTC Price Is Headed Lower, Here Are The Numbers Now, Bitcoin has once again touched this trendline, offering optimism that it could bounce from this region as it did in past cycles. However, in another X post, Crypto Rover suggested that BTC has not yet found a bottom and could still drop below $60,000 before it bottoms. This came as the analyst alluded to BTCs realized price. He noted that the short-term holders (STH) realized price at $74,000 has been reached, but that the realized price of $53,600 and the long-term holders (LTH) realized price of $50,000 have not been reached. Crypto Rover added that every prior cycle bottom has traded below the realized price and that every major flush has kissed the LTH line. As such, BTC is still likely to see another move down before it bottoms. Bitcoin is also at risk of another decline with the U.S.-Iran war escalating again. The U.S. carried out strikes against military targets in Iran, which led to retaliatory attacks against U.S. military bases in the Gulf region. A Drop Below $50,000 Is Also A Possibility Crypto analyst Ali Martinez has indicated that Bitcoin could still drop below $50,000. This came as he pointed to the Investor Price, which he noted is currently $48,300. He said that this level is a key area he is watching for long-term accumulation. The analyst had described this metric as one of the most important BTC on-chain metrics. Related Reading: This Bitcoin Chart Shows What To Expect For The Next 3 Months After Major Decision Point Martinez explained that this metric measures the average acquisition price of all economically circulating Bitcoin, filtering out permanently lost coins to provide a more realistic market-wide cost basis. However, it is worth noting that the analyst had earlier said that there were signs that BTC was about to reach a market bottom. He pointed to the 1.0-0.8 MVRV bands, which align at $53,900 and $43,150. At the time of writing, the Bitcoin price is trading at around $62,600, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com Blockchain/NewsBTC https://cointelegraph.com/markets/bitcoin-tags-632k-as-btc-price-action-ignores-new-iran-hormuz-closure?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Thu, 11 Jun 2026 13:41:47 +0000 Bitcoin mostly preserved a recent rebound despite the highest US PPI inflation since October 2022 and Iran closing the Strait of Hormuz oil route. Blockchain/Cointelegraph https://cointelegraph.com/markets/bitcoin-tags-632k-as-btc-price-action-ignores-new-iran-hormuz-closure?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Thu, 11 Jun 2026 13:41:47 +0000 Bitcoin mostly preserved a recent rebound despite the highest US PPI inflation since October 2022 and Iran closing the Strait of Hormuz oil route. Blockchain/Cointelegraph https://cointelegraph.com/news/hungary-decriminalize-crypto-trading-prison-terms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Thu, 11 Jun 2026 12:52:15 +0000 Hungary’s government said it will unwind crypto trading restrictions that required approved validation for conversions and exposed users and service providers to criminal liability. Blockchain/Cointelegraph https://cointelegraph.com/news/hungary-decriminalize-crypto-trading-prison-terms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Thu, 11 Jun 2026 12:52:15 +0000 Hungarys government said it will unwind crypto trading restrictions that required approved validation for conversions and exposed users and service providers to criminal liability. Blockchain/Cointelegraph https://www.newsbtc.com/news/bitcoin/bitcoin-price-generational-bottom/ Thu, 11 Jun 2026 12:30:35 +0000 Bitcoin’s investor sentiment is in ruins, but buried inside the wreckage, a technical signal that has appeared only at the most consequential turning points in Bitcoin’s history has just fired again. This technical argument, which is built around Bitcoin’s Relative Strength Index, is because the indicator has fallen to its lowest daily reading in four years, a level last seen near the 2022 bottom before BTC began its climb from $15,500 to $70,000. Bitcoin’s RSI Is Back In A Rare Bottom Zone The Relative Strength Index is among the most used momentum indicators, measuring the speed and magnitude of price movements on a scale from 0 to 100. Readings below 30 indicate oversold conditions. At its lowest point during the recent selloff over the weekend, the daily RSI fell to as low as 21.8, and the reading is still around the mid-20s at the time of writing. Related Reading: Crypto Analyst Gives Timeframe For When The Bitcoin Price Will Hit $200,000 That places this reading among the lowest on record for the daily timeframe, and that is why a crypto analyst that goes by the name Crypto Tice on the social media platform believes the Bitcoin price action may be looking at something much bigger than a normal oversold bounce. As shown in the chart below, the red and orange zones line up with some of Bitcoin’s most painful periods, including the 2011 bottom, the 2015 bear-market low, the 2018-2019 correction, the 2022 collapse, and now the 2026 slow correction. In each case, the bottom appeared when the Bitcoin price had already endured a major decline, and that is the same setup happening right now. Bitcoin Price Chart. Source: @CryptoTice_ On X Why A 200% Target Is Possible For Bitcoin Bitcoin fell below $60,000 for the first time since 2024 and is currently down by about 50% from its October 2025 peak above $126,000. The leading cryptocurrency is now trading between $61,000 and $63,000. Interestingly, the main comparison of where Bitcoin goes from here is the 2022 bottom. Back then, Bitcoin’s RSI reached deeply oversold levels as the price collapsed to around $15,500, but the low eventually became the base for a rally to $70,000 in 2024. That move represented a gain of more than 350% from the cycle bottom, and it eventually rolled on to its all-time high in October 2025. Related Reading: Dogecoin Is One Step Away From The Same Pattern That Triggered 2021’s 29,000% Rally, What Next? If Bitcoin were to form a similar bottom around the current $60,000 zone, a 200% rally would place the price at a target of $180,000. A move matching the full 2022-to-2024 recovery would imply even higher levels above $200,000. The present market also has a different background from 2022. Bitcoin now has spot ETFs, deeper institutional involvement, and large corporate holders that are influencing sentiment. Speaking of ETFs, Spot Bitcoin ETFs have resumed their streak of outflows, which complicates any bottom prediction right now. The technical signal from the RSI is strong, but the Bitcoin price needs demand to turn the signal into a sustained rally. Featured image created with Dall.E, chart from Tradingview.com Blockchain/NewsBTC https://www.newsbtc.com/news/bitcoin/bitcoin-price-generational-bottom/ Thu, 11 Jun 2026 12:30:35 +0000 Bitcoins investor sentiment is in ruins, but buried inside the wreckage, a technical signal that has appeared only at the most consequential turning points in Bitcoins history has just fired again. This technical argument, which is built around Bitcoins Relative Strength Index, is because the indicator has fallen to its lowest daily reading in four years, a level last seen near the 2022 bottom before BTC began its climb from $15,500 to $70,000. Bitcoins RSI Is Back In A Rare Bottom Zone The Relative Strength Index is among the most used momentum indicators, measuring the speed and magnitude of price movements on a scale from 0 to 100. Readings below 30 indicate oversold conditions. At its lowest point during the recent selloff over the weekend, the daily RSI fell to as low as 21.8, and the reading is still around the mid-20s at the time of writing. Related Reading: Crypto Analyst Gives Timeframe For When The Bitcoin Price Will Hit $200,000 That places this reading among the lowest on record for the daily timeframe, and that is why a crypto analyst that goes by the name Crypto Tice on the social media platform believes the Bitcoin price action may be looking at something much bigger than a normal oversold bounce. As shown in the chart below, the red and orange zones line up with some of Bitcoins most painful periods, including the 2011 bottom, the 2015 bear-market low, the 2018-2019 correction, the 2022 collapse, and now the 2026 slow correction. In each case, the bottom appeared when the Bitcoin price had already endured a major decline, and that is the same setup happening right now. Bitcoin Price Chart. Source: @CryptoTice_ On X Why A 200% Target Is Possible For Bitcoin Bitcoin fell below $60,000 for the first time since 2024 and is currently down by about 50% from its October 2025 peak above $126,000. The leading cryptocurrency is now trading between $61,000 and $63,000. Interestingly, the main comparison of where Bitcoin goes from here is the 2022 bottom. Back then, Bitcoins RSI reached deeply oversold levels as the price collapsed to around $15,500, but the low eventually became the base for a rally to $70,000 in 2024. That move represented a gain of more than 350% from the cycle bottom, and it eventually rolled on to its all-time high in October 2025. Related Reading: Dogecoin Is One Step Away From The Same Pattern That Triggered 2021s 29,000% Rally, What Next? If Bitcoin were to form a similar bottom around the current $60,000 zone, a 200% rally would place the price at a target of $180,000. A move matching the full 2022-to-2024 recovery would imply even higher levels above $200,000. The present market also has a different background from 2022. Bitcoin now has spot ETFs, deeper institutional involvement, and large corporate holders that are influencing sentiment. Speaking of ETFs, Spot Bitcoin ETFs have resumed their streak of outflows, which complicates any bottom prediction right now. The technical signal from the RSI is strong, but the Bitcoin price needs demand to turn the signal into a sustained rally. Featured image created with Dall.E, chart from Tradingview.com Blockchain/NewsBTC https://cointelegraph.com/news/japan-crypto-bill-etf-tax-reform-path?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Thu, 11 Jun 2026 12:17:21 +0000 Japan’s Lower House reportedly passed a bill that would bring crypto under the country’s financial instruments framework, potentially opening the door to ETFs and lower tax treatment. Blockchain/Cointelegraph https://cointelegraph.com/news/japan-crypto-bill-etf-tax-reform-path?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Thu, 11 Jun 2026 12:17:21 +0000 Japans Lower House reportedly passed a bill that would bring crypto under the countrys financial instruments framework, potentially opening the door to ETFs and lower tax treatment. Blockchain/Cointelegraph https://news.bitcoin.com/south-african-reserve-bank-backs-payshap-over-digital-rand-as-cassim-targets-real-time-payments/ Thu, 11 Jun 2026 11:30:19 +0000 The South African Reserve Bank has decided to pause the immediate implementation of a digital rand despite successfully testing its technical feasibility. Digital Rand Trials Reveal Privacy and Speed Tradeoffs The South African Reserve Bank (SARB) has no compelling need to immediately launch a digital version of its currency, a top official said, citing significant […] Blockchain/Bitcoin_News https://news.bitcoin.com/south-african-reserve-bank-backs-payshap-over-digital-rand-as-cassim-targets-real-time-payments/ Thu, 11 Jun 2026 11:30:19 +0000 The South African Reserve Bank has decided to pause the immediate implementation of a digital rand despite successfully testing its technical feasibility. Digital Rand Trials Reveal Privacy and Speed Tradeoffs The South African Reserve Bank (SARB) has no compelling need to immediately launch a digital version of its currency, a top official said, citing significant [] Blockchain/Bitcoin_News https://decrypt.co/370730/bithumb-ceo-booked-as-suspect-over-south-korea-bribery-case Thu, 11 Jun 2026 11:09:01 +0000 South Korean police have placed Lee Jae-won under investigation for bribery over allegedly hiring a legislator’s relatives. Blockchain/Decrypt https://decrypt.co/370730/bithumb-ceo-booked-as-suspect-over-south-korea-bribery-case Thu, 11 Jun 2026 11:09:01 +0000 South Korean police have placed Lee Jae-won under investigation for bribery over allegedly hiring a legislators relatives. Blockchain/Decrypt https://www.newsbtc.com/bitcoin-news/morgan-stanley-1-million-bitcoin-is-possible/ Thu, 11 Jun 2026 11:00:40 +0000 Morgan Stanley’s head of digital asset strategy, Amy Oldenberg, said Bitcoin reaching $1 million is possible over time, while cautioning that a move of that scale would likely require either a long adoption cycle or a major dislocation in traditional markets. Speaking with Natalie Brunell on Coin Stories, Oldenberg framed the next phase of Bitcoin adoption less as a sudden “J curve” and more as a gradual institutional buildout, led by product access, adviser education, custody infrastructure and client demand. Her comments come as Morgan Stanley continues expanding its digital asset footprint through its spot ETF, wealth management and e*Trade presence. Morgan Stanley Exec Sees Bitcoin Grinding Higher Oldenberg avoided making a direct price target, but she did address the idea of Bitcoin eventually reaching seven figures. “I don’t see why we couldn’t,” she said, referring to a $1 million Bitcoin. “Of everything I’ve seen in my life I will believe anything that it’s possible.” Related Reading: Bitcoin Capitulation Signal Flashes As $12B Leaves The Network Still, she pushed back against the idea that such a move should be expected quickly or without broader consequences. “Anything that extreme needs to happen over time,” Oldenberg said. “Because if something happens that’s that extreme in my mind it means there was some other extreme event that happened.” That distinction shaped much of her broader outlook. Asked what Bitcoin adoption might look like five or ten years from now, Oldenberg said she expects continued growth through 2030, but not necessarily a vertical repricing. “I don’t think you’re going to see just some incredible J curve that like we hit 2027 and it just totally takes off. I think it’ll be very similar to what we’ve lived through already where you’ve just continued to see more entrants, they get educated, they figure it out, we move up, and we kind of grind higher here.” Her comments reflect the tension now defining institutional Bitcoin: more access, more credibility and more infrastructure, but still a market that has not fully decoupled from risk-asset behavior. Oldenberg noted that Bitcoin continues to confuse some clients because it is often pitched as a real asset or neutral reserve asset, yet has not always traded like gold during periods of macro stress. Adviser Education Remains A Bottleneck Morgan Stanley’s own model portfolio guidance remains measured. Oldenberg said the firm has recommended BTC allocations of 0% to 2% in some portfolios and 2% to 4% in more aggressive ones, depending on the client’s risk profile. But she said adviser adoption continues to lag client interest, largely because the product set and the asset itself still require education. The firm’s recently launched Bitcoin ETP, MSBT, had what Oldenberg described as the best first-day ETF debut in Morgan Stanley’s history. She said the product was designed to bring an institutional construct to the market, launching with a 14 basis point management fee and a custody setup involving Coinbase and BNY. The aim, she said, was to push more traditional financial infrastructure into Bitcoin products rather than simply replicate existing offerings. Related Reading: Bitcoin Back At Production Cost: Analyst Says Best Value Zone Starts Here Oldenberg also highlighted the distinction between owning Bitcoin directly and holding shares of a Bitcoin ETF, a point she said still requires education. “I love the people that tell me like I have exposure to Bitcoin so if something goes wrong, you know, I have Bitcoin,” she said. “I’m like no you don’t have Bitcoin. You have shares of a Bitcoin ETF that offer you price exposure to Bitcoin.” That distinction matters as Morgan Stanley begins offering more services around Bitcoin exposure. Oldenberg said clients who move Bitcoin exposure into an ETP on the wealth platform may be treated as wealth clients and, depending on the size of their holdings, can potentially access lending against the position. She cited a “release rate of 50%” on the Bitcoin ETF, meaning the firm can lend up to half the value of the product. Banks Still Need Better Regulatory Treatment Oldenberg said banks are not avoiding Bitcoin because of hostility toward the asset, but because capital treatment, regulatory obligations and balance sheet efficiency still determine how they allocate resources. For banks to hold Bitcoin directly or use it more broadly as collateral, she said the environment must become more supportive. She also warned that crypto assets are too often grouped together despite serving different purposes. Bitcoin, Ethereum, Solana and XRP, she said, should not be treated as interchangeable simply because they sit under the same “crypto” label. At press time, BTC traded at $62,825. Featured image created with DALL.E, chart from TradingView.com Blockchain/NewsBTC https://www.newsbtc.com/bitcoin-news/morgan-stanley-1-million-bitcoin-is-possible/ Thu, 11 Jun 2026 11:00:40 +0000 Morgan Stanleys head of digital asset strategy, Amy Oldenberg, said Bitcoin reaching $1 million is possible over time, while cautioning that a move of that scale would likely require either a long adoption cycle or a major dislocation in traditional markets. Speaking with Natalie Brunell on Coin Stories, Oldenberg framed the next phase of Bitcoin adoption less as a sudden J curve and more as a gradual institutional buildout, led by product access, adviser education, custody infrastructure and client demand. Her comments come as Morgan Stanley continues expanding its digital asset footprint through its spot ETF, wealth management and e*Trade presence. Morgan Stanley Exec Sees Bitcoin Grinding Higher Oldenberg avoided making a direct price target, but she did address the idea of Bitcoin eventually reaching seven figures. I dont see why we couldnt, she said, referring to a $1 million Bitcoin. Of everything Ive seen in my life I will believe anything that its possible. Related Reading: Bitcoin Capitulation Signal Flashes As $12B Leaves The Network Still, she pushed back against the idea that such a move should be expected quickly or without broader consequences. Anything that extreme needs to happen over time, Oldenberg said. Because if something happens thats that extreme in my mind it means there was some other extreme event that happened. That distinction shaped much of her broader outlook. Asked what Bitcoin adoption might look like five or ten years from now, Oldenberg said she expects continued growth through 2030, but not necessarily a vertical repricing. I dont think youre going to see just some incredible J curve that like we hit 2027 and it just totally takes off. I think itll be very similar to what weve lived through already where youve just continued to see more entrants, they get educated, they figure it out, we move up, and we kind of grind higher here. Her comments reflect the tension now defining institutional Bitcoin: more access, more credibility and more infrastructure, but still a market that has not fully decoupled from risk-asset behavior. Oldenberg noted that Bitcoin continues to confuse some clients because it is often pitched as a real asset or neutral reserve asset, yet has not always traded like gold during periods of macro stress. Adviser Education Remains A Bottleneck Morgan Stanleys own model portfolio guidance remains measured. Oldenberg said the firm has recommended BTC allocations of 0% to 2% in some portfolios and 2% to 4% in more aggressive ones, depending on the clients risk profile. But she said adviser adoption continues to lag client interest, largely because the product set and the asset itself still require education. The firms recently launched Bitcoin ETP, MSBT, had what Oldenberg described as the best first-day ETF debut in Morgan Stanleys history. She said the product was designed to bring an institutional construct to the market, launching with a 14 basis point management fee and a custody setup involving Coinbase and BNY. The aim, she said, was to push more traditional financial infrastructure into Bitcoin products rather than simply replicate existing offerings. Related Reading: Bitcoin Back At Production Cost: Analyst Says Best Value Zone Starts Here Oldenberg also highlighted the distinction between owning Bitcoin directly and holding shares of a Bitcoin ETF, a point she said still requires education. I love the people that tell me like I have exposure to Bitcoin so if something goes wrong, you know, I have Bitcoin, she said. Im like no you dont have Bitcoin. You have shares of a Bitcoin ETF that offer you price exposure to Bitcoin. That distinction matters as Morgan Stanley begins offering more services around Bitcoin exposure. Oldenberg said clients who move Bitcoin exposure into an ETP on the wealth platform may be treated as wealth clients and, depending on the size of their holdings, can potentially access lending against the position. She cited a release rate of 50% on the Bitcoin ETF, meaning the firm can lend up to half the value of the product. Banks Still Need Better Regulatory Treatment Oldenberg said banks are not avoiding Bitcoin because of hostility toward the asset, but because capital treatment, regulatory obligations and balance sheet efficiency still determine how they allocate resources. For banks to hold Bitcoin directly or use it more broadly as collateral, she said the environment must become more supportive. She also warned that crypto assets are too often grouped together despite serving different purposes. Bitcoin, Ethereum, Solana and XRP, she said, should not be treated as interchangeable simply because they sit under the same crypto label. At press time, BTC traded at $62,825. Featured image created with DALL.E, chart from TradingView.com Blockchain/NewsBTC https://www.theblock.co/post/404376/visa-stablecoins-reshaping-back-end-of-commerce?utm_source=rss&utm_medium=rss Thu, 11 Jun 2026 06:30:54 -0400 Visa said stablecoins are reshaping commerce as it unveiled new AI tools, tokenization features, and a partnership with OpenAI. Blockchain/The_Block https://www.theblock.co/post/404376/visa-stablecoins-reshaping-back-end-of-commerce?utm_source=rss&utm_medium=rss Thu, 11 Jun 2026 06:30:54 -0400 Visa said stablecoins are reshaping commerce as it unveiled new AI tools, tokenization features, and a partnership with OpenAI. Blockchain/The_Block https://news.bitcoin.com/luno-ceo-james-lanigan-warns-33t-stablecoin-boom-could-bypass-south-africa/ Thu, 11 Jun 2026 10:30:39 +0000 Luno CEO James Lanigan warned that South Africa’s proposed Capital Flow Management Regulations could severely harm the country’s economic competitiveness by restricting stablecoin use. Lanigan Warns of Competitiveness Risk South Africa risks severely undermining its global economic competitiveness if upcoming financial regulations block the use of stablecoins, according to James Lanigan, chief executive officer of […] Blockchain/Bitcoin_News https://news.bitcoin.com/luno-ceo-james-lanigan-warns-33t-stablecoin-boom-could-bypass-south-africa/ Thu, 11 Jun 2026 10:30:39 +0000 Luno CEO James Lanigan warned that South Africas proposed Capital Flow Management Regulations could severely harm the countrys economic competitiveness by restricting stablecoin use. Lanigan Warns of Competitiveness Risk South Africa risks severely undermining its global economic competitiveness if upcoming financial regulations block the use of stablecoins, according to James Lanigan, chief executive officer of [] Blockchain/Bitcoin_News https://www.newsbtc.com/news/ethereum/ethereum-exchange-reserves/ Thu, 11 Jun 2026 09:30:20 +0000 The Ethereum price decline seems to have opened up the opportunity for fast accumulation among investors over the last week. This comes as data shows a significant amount of the cryptocurrency actually being moved out of the wallets of centralized exchanges. Historically, a move like this has pointed to investor buying rather than selling, suggesting that investors are taking advantage of the red month of June to actually fill up their bags. The Numbers Say Ethereum Investors Are Choosing To Buy Recent data from CryptoQuant, an on-chain data aggregator, shows that Ethereum investors are moving into accumulation mode for the month of June. This comes as the cryptocurrency started out the month with hundreds of thousands of ETH being moved out of centralized exchanges and presumably to private wallets. Related Reading: Dogecoin Will ‘Pump Hard’ After This Happens, Analyst Clocks Generational Entry The data shows that Ethereum had started out the month of June with 3.87 million ETH. However, just one week into the new month, there had been over 475,000 ETH withdrawn from centralized exchange wallets. This move was not only felt on one crypto exchange, but with notable declines coming in from major exchanges. The top losers included the likes of Binance, Bitfinex, OKX, and Gemini exchange, all recording major outflows during this time. This move also comes as the Ethereum price has declined below the $2,000 support, suggesting that investors are looking at these prices as low levels to get into the cryptocurrency. Buying ETH In A Red Month The month of June has historically been a red month for the Ethereum price, so the argument could be made that investors are using this opportunity to load up on the cryptocurrency. In its decade in the market, the ETH price has only closed June in the green a total of three times, data from the CryptoQuant website shows. Related Reading: Has The Bitcoin Price Crash Ended Or Is This Just The Beginning? Analyst Answers All of the other years have seen the digital asset end the month of June with varying degrees of losses. This brought the average return for the month for Ethereum to -7.59%, second only to September’s average of -10.2%. The median returns come out to -8.64% for June and -12.7% for September. This means that June is the second-worst-performing month for the Ethereum price. Keeping in line with historical performance, the ETH price is already down by over 16% at the time of this writing, suggesting that it could lead to another red close for the digital asset. Featured image from Dall.E, chart from TradingView.com Blockchain/NewsBTC https://www.newsbtc.com/news/ethereum/ethereum-exchange-reserves/ Thu, 11 Jun 2026 09:30:20 +0000 The Ethereum price decline seems to have opened up the opportunity for fast accumulation among investors over the last week. This comes as data shows a significant amount of the cryptocurrency actually being moved out of the wallets of centralized exchanges. Historically, a move like this has pointed to investor buying rather than selling, suggesting that investors are taking advantage of the red month of June to actually fill up their bags. The Numbers Say Ethereum Investors Are Choosing To Buy Recent data from CryptoQuant, an on-chain data aggregator, shows that Ethereum investors are moving into accumulation mode for the month of June. This comes as the cryptocurrency started out the month with hundreds of thousands of ETH being moved out of centralized exchanges and presumably to private wallets. Related Reading: Dogecoin Will Pump Hard After This Happens, Analyst Clocks Generational Entry The data shows that Ethereum had started out the month of June with 3.87 million ETH. However, just one week into the new month, there had been over 475,000 ETH withdrawn from centralized exchange wallets. This move was not only felt on one crypto exchange, but with notable declines coming in from major exchanges. The top losers included the likes of Binance, Bitfinex, OKX, and Gemini exchange, all recording major outflows during this time. This move also comes as the Ethereum price has declined below the $2,000 support, suggesting that investors are looking at these prices as low levels to get into the cryptocurrency. Buying ETH In A Red Month The month of June has historically been a red month for the Ethereum price, so the argument could be made that investors are using this opportunity to load up on the cryptocurrency. In its decade in the market, the ETH price has only closed June in the green a total of three times, data from the CryptoQuant website shows. Related Reading: Has The Bitcoin Price Crash Ended Or Is This Just The Beginning? Analyst Answers All of the other years have seen the digital asset end the month of June with varying degrees of losses. This brought the average return for the month for Ethereum to -7.59%, second only to Septembers average of -10.2%. The median returns come out to -8.64% for June and -12.7% for September. This means that June is the second-worst-performing month for the Ethereum price. Keeping in line with historical performance, the ETH price is already down by over 16% at the time of this writing, suggesting that it could lead to another red close for the digital asset. Featured image from Dall.E, chart from TradingView.com Blockchain/NewsBTC https://www.newsbtc.com/news/cardano/dormant-cardano-whales-suddenly-come-alive-near/ Thu, 11 Jun 2026 08:00:41 +0000 On-chain data reveals Cardano has observed increased transactions involving dormant coins recently, suggesting that the price decline has caused long-term holders to become active again. Cardano Has Seen Spikes In Age Consumed Recently As pointed out by on-chain analytics firm Santiment in an X post, large dormant Cardano wallets have lately been on the move. The indicator of relevance here is the “Age Consumed,” which measures the total number of tokens being moved on the blockchain multiplied by the amount of time since they last moved. Related Reading: Bitcoin Back At Production Cost: Analyst Says Best Value Zone Starts Here When the value of this metric is high, it means the network is observing the movement of a large number of old tokens. On the other hand, it being low suggests coins being involved in a transaction are the ones that were purchased relatively recently (or alternatively, if old tokens are being shifted, they don’t involve a significant count). Now, here is the chart shared by Santiment that shows the trend in the Age Consumed for Cardano over the past month: As displayed in the above graph, the Cardano Age Consumed stayed at relatively low levels during May, but the price plunge in June has been accompanied by a few spikes in the indicator. Interestingly, the spikes only started halfway through the drawdown, meaning that they likely came as a reaction to the bearish action, rather than something that kicked off the decline itself. These spikes naturally imply that some long-term holders have decided to become active again. This could reflect panic selling from resolute hands, or it may correspond to activity of some other kind; the exact intent is hard to gauge from the Age Consumed metric alone. In the chart, Santiment has also attached the data of another indicator called the Mean Dollar Invested Age. This indicator calculates the age of the average dollar invested in the cryptocurrency. As is visible in the graph, the Mean Dollar Invested Age rose steadily through May, implying that the market cap of Cardano was consistently getting older. As the recent spikes in the Age Consumed have appeared, however, the metric’s trajectory has been disturbed. Related Reading: Bitcoin Stablecoin Ratio Drops To Extreme Low—What It Means For BTC While there hasn’t been an outright reversal in course, the Mean Dollar Invested Age has still witnessed a slowdown in growth, indicating that the movement of dormant coins has been significant enough to have an impact. A particularly strong pause in the indicator came alongside June 9th’s Age Consumed spike, which was the largest one on the Cardano network since April. “Historically, clusters of Age Consumed spikes paired with a pause (or downturn) in Mean Dollar Invested Age have often appeared around key market turning points,” explained the analytics firm. ADA Price At the time of writing, Cardano is trading around $0.16, down more than 26% over the past week. Featured image from Dall-E, chart from TradingView.com Blockchain/NewsBTC https://www.newsbtc.com/news/cardano/dormant-cardano-whales-suddenly-come-alive-near/ Thu, 11 Jun 2026 08:00:41 +0000 On-chain data reveals Cardano has observed increased transactions involving dormant coins recently, suggesting that the price decline has caused long-term holders to become active again. Cardano Has Seen Spikes In Age Consumed Recently As pointed out by on-chain analytics firm Santiment in an X post, large dormant Cardano wallets have lately been on the move. The indicator of relevance here is the Age Consumed, which measures the total number of tokens being moved on the blockchain multiplied by the amount of time since they last moved. Related Reading: Bitcoin Back At Production Cost: Analyst Says Best Value Zone Starts Here When the value of this metric is high, it means the network is observing the movement of a large number of old tokens. On the other hand, it being low suggests coins being involved in a transaction are the ones that were purchased relatively recently (or alternatively, if old tokens are being shifted, they dont involve a significant count). Now, here is the chart shared by Santiment that shows the trend in the Age Consumed for Cardano over the past month: As displayed in the above graph, the Cardano Age Consumed stayed at relatively low levels during May, but the price plunge in June has been accompanied by a few spikes in the indicator. Interestingly, the spikes only started halfway through the drawdown, meaning that they likely came as a reaction to the bearish action, rather than something that kicked off the decline itself. These spikes naturally imply that some long-term holders have decided to become active again. This could reflect panic selling from resolute hands, or it may correspond to activity of some other kind; the exact intent is hard to gauge from the Age Consumed metric alone. In the chart, Santiment has also attached the data of another indicator called the Mean Dollar Invested Age. This indicator calculates the age of the average dollar invested in the cryptocurrency. As is visible in the graph, the Mean Dollar Invested Age rose steadily through May, implying that the market cap of Cardano was consistently getting older. As the recent spikes in the Age Consumed have appeared, however, the metrics trajectory has been disturbed. Related Reading: Bitcoin Stablecoin Ratio Drops To Extreme LowWhat It Means For BTC While there hasnt been an outright reversal in course, the Mean Dollar Invested Age has still witnessed a slowdown in growth, indicating that the movement of dormant coins has been significant enough to have an impact. A particularly strong pause in the indicator came alongside June 9ths Age Consumed spike, which was the largest one on the Cardano network since April. Historically, clusters of Age Consumed spikes paired with a pause (or downturn) in Mean Dollar Invested Age have often appeared around key market turning points, explained the analytics firm. ADA Price At the time of writing, Cardano is trading around $0.16, down more than 26% over the past week. Featured image from Dall-E, chart from TradingView.com Blockchain/NewsBTC https://Blockchain.News/news/20260611-price-prediction-avax-850-relief-rally-brewing-as-oversold Thu, 11 Jun 2026 07:34:00 +0000 AVAX trades at deeply oversold RSI 24 levels with negative funding creating short squeeze potential for a bounce toward $8.50 over the next 2-3 weeks, though broader downtrend remains intact with m... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260611-price-prediction-target-dot-oversold-breakdown-sets-up-140-recovery Thu, 11 Jun 2026 07:28:41 +0000 Technical analysis shows DOT approaching critical $0.85 support with oversold conditions suggesting potential bounce to $2.30-2.50 range, though failure opens path to $0.60s. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260611-price-prediction-matic-035-breakdown-imminent-as-bears-tighten Thu, 11 Jun 2026 07:25:37 +0000 MATIC sits precariously at $0.38 with RSI flashing oversold warnings and all major moving averages acting as resistance overhead. Target $0.35 within 7-10 days carries 70% probability as momentum i... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260611-price-prediction-doge-oversold-rally-targets-010-within-30 Thu, 11 Jun 2026 07:17:57 +0000 Dogecoin sits oversold at $0.08 with RSI at 32.7 while whale positions reach 74% long. Technical compression and aggressive buying pressure create a high-probability setup for testing $0.10 resista... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260611-price-prediction-target-sol-75-recovery-as-oversold-metrics-signal Thu, 11 Jun 2026 07:16:52 +0000 Solana trades at $64.98 with RSI at 29.91 indicating severe oversold conditions. Smart money maintains 77.9% long positioning while technical indicators suggest $75 recovery within two weeks. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260611-price-prediction-ada-oversold-bounce-to-020-before-more Thu, 11 Jun 2026 07:14:10 +0000 With RSI at 25.23 and smart money loading up at 70% long, ADA is primed for a technical bounce to $0.20 within 7 days. However, the broken trend structure suggests this relief rally will fail, targ... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260611-bnb-price-prediction-700-rally-brewing-as-595-support-holds Thu, 11 Jun 2026 07:09:15 +0000 BNB trades at $595 with strong accumulation signals and 73% bullish positioning among both retail and institutional traders. Technical patterns suggest a path toward $700+ territory if the token br... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260611-price-prediction-eth-1750-recovery-or-1400-breakdown-within Thu, 11 Jun 2026 07:06:13 +0000 Ethereum trades at $1,653 with RSI at 28.89 signaling oversold conditions, but bearish momentum persists. Critical $1,615 support must hold for bounce to $1,750, otherwise expect decline to $1,400. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260611-price-prediction-btc-59k-support-test-before-68k-recovery Thu, 11 Jun 2026 07:02:12 +0000 Bitcoin's oversold bounce from $60,755 support faces immediate resistance at $64,412, with 70% probability of retesting $59K lows before institutional buying triggers recovery to $68K-$70K zone. (Read More) Blockchain/Blockchain_News https://www.newsbtc.com/bitcoin-news/bitcoin-bottom-indicator-remains-transition-phase/ Thu, 11 Jun 2026 07:00:22 +0000 On-chain data shows the Bitcoin PnL Index is currently in a transition phase that has historically led into bottoms, but not immediately. Bitcoin PnL Index Has Been Going Down Recently In a new post on X, community analyst Maartunn has talked the latest trend in the Bitcoin PnL Index, which combines the data of a few key on-chain metrics into one to produce a single valuation indicator for BTC. Related Reading: Dormant Cardano Whales Suddenly Come Alive: Is A Turning Point Near? The metrics include the MVRV Ratio, NUPL, and LTH/STH SOPR. The former two deal with unrealized investor gains/losses while the last one is related to the gains/losses that holders are realizing through their transactions. Now, here is the chart shared by Maartunn that shows the trend in the 365-day moving average (MA) of the Bitcoin PnL Index over the history of the cryptocurrency: As displayed in the above graph, the 365-day MA of the Bitcoin PnL Index has been following a consistent downtrend since Q4 2025, reflecting the bearish market shift. So far, the indicator hasn’t left the positive territory, which suggests that, at least from the perspective of the metric, the cryptocurrency hasn’t yet become “undervalued.” In the chart, it’s visible that historical bear market bottoms have generally occurred as the PnL Index has dropped into the red zone. Given this, it’s possible that a similar trend will play out in this cycle as well. Though, something to keep in mind is that the current cycle has already differed from the previous ones in the bull market phase. Past cycles observed a single main peak in the PnL Index coinciding with the market top. This cycle, however, witnessed the formation of two similarly sized peaks occurring alongside the Q1 and Q4 2025 tops. As such, it now remains to be seen how the indicator’s trajectory will look by the time this bear market has played out and whether it will be anything like that seen in the previous cycles. Related Reading: Bitcoin Back At Production Cost: Analyst Says Best Value Zone Starts Here In some other news, the recent bearish price action has meant that the Bitcoin short-term holder (STH) whales have fallen into a deep state of loss, as highlighted by the analyst in another X post. The STH whales refer to the BTC investors carrying at least 1,000 tokens in their wallet who bought into the cryptocurrency within the past 155 days. Below is a chart that shows how the net profit/loss held by these humongous investors is looking right now. “Short-Term Holder Whales are now sitting on -$16.4B in unrealized P&L, the deepest level of stress seen in this cycle,” noted Maartunn. BTC Price At the time of writing, Bitcoin is floating around $61,700, down over 6% in the last seven days. Featured image from Dall-E, chart from TradingView.com Blockchain/NewsBTC https://www.newsbtc.com/bitcoin-news/bitcoin-bottom-indicator-remains-transition-phase/ Thu, 11 Jun 2026 07:00:22 +0000 On-chain data shows the Bitcoin PnL Index is currently in a transition phase that has historically led into bottoms, but not immediately. Bitcoin PnL Index Has Been Going Down Recently In a new post on X, community analyst Maartunn has talked the latest trend in the Bitcoin PnL Index, which combines the data of a few key on-chain metrics into one to produce a single valuation indicator for BTC. Related Reading: Dormant Cardano Whales Suddenly Come Alive: Is A Turning Point Near? The metrics include the MVRV Ratio, NUPL, and LTH/STH SOPR. The former two deal with unrealized investor gains/losses while the last one is related to the gains/losses that holders are realizing through their transactions. Now, here is the chart shared by Maartunn that shows the trend in the 365-day moving average (MA) of the Bitcoin PnL Index over the history of the cryptocurrency: As displayed in the above graph, the 365-day MA of the Bitcoin PnL Index has been following a consistent downtrend since Q4 2025, reflecting the bearish market shift. So far, the indicator hasnt left the positive territory, which suggests that, at least from the perspective of the metric, the cryptocurrency hasnt yet become undervalued. In the chart, its visible that historical bear market bottoms have generally occurred as the PnL Index has dropped into the red zone. Given this, its possible that a similar trend will play out in this cycle as well. Though, something to keep in mind is that the current cycle has already differed from the previous ones in the bull market phase. Past cycles observed a single main peak in the PnL Index coinciding with the market top. This cycle, however, witnessed the formation of two similarly sized peaks occurring alongside the Q1 and Q4 2025 tops. As such, it now remains to be seen how the indicators trajectory will look by the time this bear market has played out and whether it will be anything like that seen in the previous cycles. Related Reading: Bitcoin Back At Production Cost: Analyst Says Best Value Zone Starts Here In some other news, the recent bearish price action has meant that the Bitcoin short-term holder (STH) whales have fallen into a deep state of loss, as highlighted by the analyst in another X post. The STH whales refer to the BTC investors carrying at least 1,000 tokens in their wallet who bought into the cryptocurrency within the past 155 days. Below is a chart that shows how the net profit/loss held by these humongous investors is looking right now. Short-Term Holder Whales are now sitting on -$16.4B in unrealized P&L, the deepest level of stress seen in this cycle, noted Maartunn. BTC Price At the time of writing, Bitcoin is floating around $61,700, down over 6% in the last seven days. Featured image from Dall-E, chart from TradingView.com Blockchain/NewsBTC https://cointelegraph.com/news/archax-launches-real-time-yield-payments-for-tokenized-securities-on-hedera?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Thu, 11 Jun 2026 07:00:00 +0000 The UK-regulated digital asset platform said its new system allows interest payments to follow tokenized securities in real time, with payouts distributed continuously in USDC. Blockchain/Cointelegraph https://cointelegraph.com/news/archax-launches-real-time-yield-payments-for-tokenized-securities-on-hedera?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Thu, 11 Jun 2026 07:00:00 +0000 The UK-regulated digital asset platform said its new system allows interest payments to follow tokenized securities in real time, with payouts distributed continuously in USDC. Blockchain/Cointelegraph https://news.bitcoin.com/200000-human-neurons-learned-to-play-doom-pointing-to-low-power-biological-computing-49201/ Thu, 11 Jun 2026 06:30:28 +0000 Cortical Labs connected 200,000 human neurons grown from blood-derived stem cells to its CL1 silicon interface, teaching the culture to navigate and shoot in Doom. By translating the game’s state into electrical patterns and reading neural spikes as commands, the system improved with training, pointing to low-power biological computing even as current neuron-chip setups last […] Blockchain/Bitcoin_News https://news.bitcoin.com/200000-human-neurons-learned-to-play-doom-pointing-to-low-power-biological-computing-49201/ Thu, 11 Jun 2026 06:30:28 +0000 Cortical Labs connected 200,000 human neurons grown from blood-derived stem cells to its CL1 silicon interface, teaching the culture to navigate and shoot in Doom. By translating the games state into electrical patterns and reading neural spikes as commands, the system improved with training, pointing to low-power biological computing even as current neuron-chip setups last [] Blockchain/Bitcoin_News https://Blockchain.News/news/stablecoins-tokenization-advisor-interest-bitwise Thu, 11 Jun 2026 06:28:53 +0000 Bitwise says financial advisors are prioritizing stablecoins and tokenization over Bitcoin, signaling a shift in crypto investment focus. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/btc-post-near-60k-as-polymarket-ladder-bets-on-june-12-outcome-0hnm7g3dtcbk0 Thu, 11 Jun 2026 06:15:42 +0000 On June 12, Polymarket traders focus on BTC breaching 60k as KKR flags AI-driven productivity gains and shifts in yuan trajectory. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/canadian-teen-13m-crypto-scam-plea Thu, 11 Jun 2026 05:30:51 +0000 A 20-year-old Canadian admitted to stealing $13M in crypto via social engineering scams, funding luxury cars, private jets, and Miami nightlife. (Read More) Blockchain/Blockchain_News https://news.bitcoin.com/ask-group-taps-eric-schimdt-backed-keeta-to-tokenize-oil-gold-and-copper/ Thu, 11 Jun 2026 05:30:24 +0000 The UAE-based investment group ASK Group and U.S. blockchain company Keeta have partnered to launch a public exchange where physical assets will be traded as fractional digital tokens. Gulf Commodities to Go Digital A United Arab Emirates investment group and Keeta, a U.S. blockchain company backed by tech billionaire Eric Schmidt, have launched a joint […] Blockchain/Bitcoin_News https://news.bitcoin.com/ask-group-taps-eric-schimdt-backed-keeta-to-tokenize-oil-gold-and-copper/ Thu, 11 Jun 2026 05:30:24 +0000 The UAE-based investment group ASK Group and U.S. blockchain company Keeta have partnered to launch a public exchange where physical assets will be traded as fractional digital tokens. Gulf Commodities to Go Digital A United Arab Emirates investment group and Keeta, a U.S. blockchain company backed by tech billionaire Eric Schmidt, have launched a joint [] Blockchain/Bitcoin_News https://www.newsbtc.com/bitcoin-news/bitcoin-capitulation-signal-flashes-as-12b-leaves-the-network/ Thu, 11 Jun 2026 05:00:21 +0000 Bitcoin is showing renewed signs of on-chain capitulation, according to Axel Adler Jr.’s latest Adler AM Bitcoin Morning Brief, as realized capitalization contracts and loss-taking sales dominate market activity. The setup matters because two independent measures: Realized Cap Net Position 30D Change and adjusted SOPR are now pointing to the same stress regime. In the June 10 brief, Adler said Bitcoin’s Realized Cap has declined by roughly $12 billion from its mid-May peak, falling from about $1.087 trillion to $1.075 trillion. The 30-day percentage change in Realized Cap has dropped to -1.1%, marking the first time since mid-March that capital outflows have reached that level. “Capital is leaving the Bitcoin network, and participant behavior confirms a capitulation regime – sales are being made at a loss,” Adler wrote. “This brief examines how close the current stress is to the March extremes and what needs to happen for the regime to change.” Bitcoin Realized Cap Outflows Accelerate Realized Cap measures the aggregate value of Bitcoin based on the price at which each coin last moved, making it a useful proxy for whether capital is entering or leaving the network. In Adler’s framework, the recent move is not just a mild deterioration. The pace of contraction has accelerated sharply. Related Reading: Bitcoin Stablecoin Ratio Drops To Extreme Low—What It Means For BTC As recently as June 1, the Realized Cap Net Position 30D Change stood at -0.15%. By June 8, it had fallen to -1.1%. Over the same period, Bitcoin’s price dropped from $82,000 to $63,000, a 23% decline. Adler compared the current setup with the March capitulation phase, when the same Realized Cap measure fell as low as -2.4%. That leaves room for further stress if outflows continue to deepen, though the current reading is already severe enough to place the market back into a pronounced negative regime. “The current pace of outflows is already comparable to the beginning of the March capitulation, when the indicator reached -2.4%,” the brief noted. “That means there is still room for further deterioration. The first positive signal would be stabilization in the 30D Change near zero, followed by a turn upward.” Loss-Taking Sales Confirm The Stress The second major signal comes from adjusted SOPR, or aSOPR, which tracks whether coins moved on-chain are being sold at a profit or a loss. A reading above 1 indicates profit-taking. A reading below 1 indicates loss realization. According to Adler, Bitcoin’s aSOPR SMA-30 broke below the critical 1.0 threshold on May 28 and has remained below it for 13 consecutive days. The current reading of 0.987 implies that, on average, each coin moved is being sold at a loss of about 1.3%. Related Reading: Bitcoin At A Discount? Coinbase Exec Says Institutions And Govts Are Buying That makes the current decline more than a price correction in Adler’s reading. The structure of selling has shifted. Market participants are not merely distributing gains; they are realizing losses into weakness. “A prolonged period with aSOPR below 1 is a classic marker of weak hands being flushed out,” Adler wrote. “Until aSOPR turns upward and begins to retest 1.0, sellers remain in control.” The significance lies in the alignment between both indicators. Realized Cap shows the macro-level capital drain, while aSOPR explains the internal mechanics of that drain. In Adler’s words, “Both charts describe the same process from different angles. Realized Cap captures the macro picture – capital is leaving the network. aSOPR shows the internal mechanics of that move – the outflow is being driven not by profit-taking, but by forced selling at a loss.” Adler’s brief identifies a clear condition for a regime change: aSOPR needs to reverse upward and reclaim 1.0, while Realized Cap outflows need to stabilize and move back toward zero. Without those two signals, the market remains in what he describes as a capitulationary regime. The risk is that the current outflow cycle intensifies toward the March extreme near -2.4%. Such a move would imply a second wave of capitulation and could keep pressure on Bitcoin’s price. At press time, BTC traded at $61,828. Featured image created with DALL.E, chart from TradingView.com Blockchain/NewsBTC https://www.newsbtc.com/bitcoin-news/bitcoin-capitulation-signal-flashes-as-12b-leaves-the-network/ Thu, 11 Jun 2026 05:00:21 +0000 Bitcoin is showing renewed signs of on-chain capitulation, according to Axel Adler Jr.s latest Adler AM Bitcoin Morning Brief, as realized capitalization contracts and loss-taking sales dominate market activity. The setup matters because two independent measures: Realized Cap Net Position 30D Change and adjusted SOPR are now pointing to the same stress regime. In the June 10 brief, Adler said Bitcoins Realized Cap has declined by roughly $12 billion from its mid-May peak, falling from about $1.087 trillion to $1.075 trillion. The 30-day percentage change in Realized Cap has dropped to -1.1%, marking the first time since mid-March that capital outflows have reached that level. Capital is leaving the Bitcoin network, and participant behavior confirms a capitulation regime sales are being made at a loss, Adler wrote. This brief examines how close the current stress is to the March extremes and what needs to happen for the regime to change. Bitcoin Realized Cap Outflows Accelerate Realized Cap measures the aggregate value of Bitcoin based on the price at which each coin last moved, making it a useful proxy for whether capital is entering or leaving the network. In Adlers framework, the recent move is not just a mild deterioration. The pace of contraction has accelerated sharply. Related Reading: Bitcoin Stablecoin Ratio Drops To Extreme LowWhat It Means For BTC As recently as June 1, the Realized Cap Net Position 30D Change stood at -0.15%. By June 8, it had fallen to -1.1%. Over the same period, Bitcoins price dropped from $82,000 to $63,000, a 23% decline. Adler compared the current setup with the March capitulation phase, when the same Realized Cap measure fell as low as -2.4%. That leaves room for further stress if outflows continue to deepen, though the current reading is already severe enough to place the market back into a pronounced negative regime. The current pace of outflows is already comparable to the beginning of the March capitulation, when the indicator reached -2.4%, the brief noted. That means there is still room for further deterioration. The first positive signal would be stabilization in the 30D Change near zero, followed by a turn upward. Loss-Taking Sales Confirm The Stress The second major signal comes from adjusted SOPR, or aSOPR, which tracks whether coins moved on-chain are being sold at a profit or a loss. A reading above 1 indicates profit-taking. A reading below 1 indicates loss realization. According to Adler, Bitcoins aSOPR SMA-30 broke below the critical 1.0 threshold on May 28 and has remained below it for 13 consecutive days. The current reading of 0.987 implies that, on average, each coin moved is being sold at a loss of about 1.3%. Related Reading: Bitcoin At A Discount? Coinbase Exec Says Institutions And Govts Are Buying That makes the current decline more than a price correction in Adlers reading. The structure of selling has shifted. Market participants are not merely distributing gains; they are realizing losses into weakness. A prolonged period with aSOPR below 1 is a classic marker of weak hands being flushed out, Adler wrote. Until aSOPR turns upward and begins to retest 1.0, sellers remain in control. The significance lies in the alignment between both indicators. Realized Cap shows the macro-level capital drain, while aSOPR explains the internal mechanics of that drain. In Adlers words, Both charts describe the same process from different angles. Realized Cap captures the macro picture capital is leaving the network. aSOPR shows the internal mechanics of that move the outflow is being driven not by profit-taking, but by forced selling at a loss. Adlers brief identifies a clear condition for a regime change: aSOPR needs to reverse upward and reclaim 1.0, while Realized Cap outflows need to stabilize and move back toward zero. Without those two signals, the market remains in what he describes as a capitulationary regime. The risk is that the current outflow cycle intensifies toward the March extreme near -2.4%. Such a move would imply a second wave of capitulation and could keep pressure on Bitcoins price. At press time, BTC traded at $61,828. Featured image created with DALL.E, chart from TradingView.com Blockchain/NewsBTC https://www.newsbtc.com/bitcoin-news/bitcoin-whales-bought-the-60k-dip-as-retail-capitulated-over-11000-btc-leave-exchanges/ Thu, 11 Jun 2026 04:00:56 +0000 Bitcoin is struggling below $62,000 as selling pressure and fear continue to define the market environment. The uncertainty is real — but top analyst Woominkyu has published an on-chain analysis that reveals what was actually happening during the most intense phase of the decline. And the picture it paints looks considerably different from the panic narrative that dominated market commentary at the time. Related Reading: XRP Leverage Flush Hits Bybit While Binance Holds The Line – Analyst Explains Rare Setup The on-chain data tells a story in two distinct acts. The first act was the trigger. On June 2 and 3, older dormant wallets moved massive supply to exchanges — the Inflow Coin Days Destroyed metric peaked at 2.16 million, reflecting coins that had been held for extended periods suddenly being moved toward the sell side simultaneously. That supply shock forced the price down from $71,000, creating the conditions for the breakdown that followed. The second act is where the data becomes most analytically significant. At the $60,000 to $61,000 bottom, the Exchange Whale Ratio surged to 61.6%. Confirming that the largest market participants completely dominated buy-side activity during the most fearful period of the decline. While retail participants were panicking and selling into weakness, whales were executing an aggressive and systematic accumulation campaign at the exact prices that fear had created. The divergence between what retail did and what smart money did at $60,000 is the signal Woominkyu’s analysis is built around. 11,422 BTC Swept Off Exchanges in 5 Days The supply drain that followed the whale accumulation completes the picture that Woominkyu’s analysis assembles. Over the five days following the $60,000 to $61,000 bottom, whales withdrew 11,422 BTC — approximately $700 million — off exchanges and into cold storage. The Exchange Netflow turned deeply negative as the coins absorbed during the panic phase were immediately moved away from the venues where they could be resold. Bitcoin price vs. Exchange Whale Ratio | Source: Woominkyu on CryptoQuant The behavioral sequence is precise and deliberate. Whales bought aggressively at the bottom using the panic selling that retail participants generated. Then they withdrew those coins from exchanges entirely — removing them from the immediately available sell-side supply and placing them in cold storage where they cannot re-enter the market quickly. The result is a liquid supply drain of significant scale. Over $700 million worth of Bitcoin that was briefly available on exchanges during the most fearful period of the decline has been swept into long-term custody in less than a week. The order book is thinner than it was before the drop. The supply that retail sold into the bottom is now held by participants who have demonstrated through their behavior that they have no intention of selling it back at current prices. Woominkyu’s verdict follows directly from the sequence. The wealth transfer from weak hands to strong hands is complete. The $60,000 to $61,000 range has been validated as a genuine institutional accumulation zone — defended at scale, absorbed systematically, and immediately removed from liquid circulation. That behavioral fingerprint establishes the floor from which the next leg higher becomes structurally possible. Related Reading: Bitcoin Flashes One Of Its Rarest Demand Signals In Six Years – Details Bitcoin Clings To February Support Bitcoin remains under significant pressure on the daily timeframe. The price is trading near $61,400 after suffering one of its sharpest declines of 2026. The chart shows a decisive breakdown below the critical $64,000–$66,000 support zone that had previously acted as a floor during the February-March consolidation. Once that area failed, sellers quickly pushed BTC into the lower end of its broader range, triggering a rapid move toward the psychologically important $60,000 level. Bitcoin trading below key level | Source: BTCUSDT chart on TradingView The current structure is technically fragile. Bitcoin is trading below the 50-day, 100-day, and 200-day moving averages, with all three trending downward. This alignment confirms that bearish momentum remains dominant across short-, medium-, and long-term timeframes. Notably, the recent recovery attempt from the $60,000 area has been relatively weak. Producing only a modest bounce despite elevated trading volume during the selloff. Related Reading: Bitcoin Flashes One Of Its Rarest Demand Signals In Six Years – Details From a market structure perspective, the most important observation is that Bitcoin is now revisiting the same support zone that produced the February low. That area between roughly $60,000 and $62,000 has become the last major defense line preventing a deeper retracement. A sustained hold above this region could allow price to stabilize and potentially build a base. A decisive breakdown would leave little historical support until significantly lower levels. Increasing the risk of another volatility expansion phase. Featured image from ChatGPT, chart from TradingView.com Blockchain/NewsBTC https://www.newsbtc.com/bitcoin-news/bitcoin-whales-bought-the-60k-dip-as-retail-capitulated-over-11000-btc-leave-exchanges/ Thu, 11 Jun 2026 04:00:56 +0000 Bitcoin is struggling below $62,000 as selling pressure and fear continue to define the market environment. The uncertainty is real but top analyst Woominkyu has published an on-chain analysis that reveals what was actually happening during the most intense phase of the decline. And the picture it paints looks considerably different from the panic narrative that dominated market commentary at the time. Related Reading: XRP Leverage Flush Hits Bybit While Binance Holds The Line Analyst Explains Rare Setup The on-chain data tells a story in two distinct acts. The first act was the trigger. On June 2 and 3, older dormant wallets moved massive supply to exchanges the Inflow Coin Days Destroyed metric peaked at 2.16 million, reflecting coins that had been held for extended periods suddenly being moved toward the sell side simultaneously. That supply shock forced the price down from $71,000, creating the conditions for the breakdown that followed. The second act is where the data becomes most analytically significant. At the $60,000 to $61,000 bottom, the Exchange Whale Ratio surged to 61.6%. Confirming that the largest market participants completely dominated buy-side activity during the most fearful period of the decline. While retail participants were panicking and selling into weakness, whales were executing an aggressive and systematic accumulation campaign at the exact prices that fear had created. The divergence between what retail did and what smart money did at $60,000 is the signal Woominkyus analysis is built around. 11,422 BTC Swept Off Exchanges in 5 Days The supply drain that followed the whale accumulation completes the picture that Woominkyus analysis assembles. Over the five days following the $60,000 to $61,000 bottom, whales withdrew 11,422 BTC approximately $700 million off exchanges and into cold storage. The Exchange Netflow turned deeply negative as the coins absorbed during the panic phase were immediately moved away from the venues where they could be resold. Bitcoin price vs. Exchange Whale Ratio | Source: Woominkyu on CryptoQuant The behavioral sequence is precise and deliberate. Whales bought aggressively at the bottom using the panic selling that retail participants generated. Then they withdrew those coins from exchanges entirely removing them from the immediately available sell-side supply and placing them in cold storage where they cannot re-enter the market quickly. The result is a liquid supply drain of significant scale. Over $700 million worth of Bitcoin that was briefly available on exchanges during the most fearful period of the decline has been swept into long-term custody in less than a week. The order book is thinner than it was before the drop. The supply that retail sold into the bottom is now held by participants who have demonstrated through their behavior that they have no intention of selling it back at current prices. Woominkyus verdict follows directly from the sequence. The wealth transfer from weak hands to strong hands is complete. The $60,000 to $61,000 range has been validated as a genuine institutional accumulation zone defended at scale, absorbed systematically, and immediately removed from liquid circulation. That behavioral fingerprint establishes the floor from which the next leg higher becomes structurally possible. Related Reading: Bitcoin Flashes One Of Its Rarest Demand Signals In Six Years Details Bitcoin Clings To February Support Bitcoin remains under significant pressure on the daily timeframe. The price is trading near $61,400 after suffering one of its sharpest declines of 2026. The chart shows a decisive breakdown below the critical $64,000$66,000 support zone that had previously acted as a floor during the February-March consolidation. Once that area failed, sellers quickly pushed BTC into the lower end of its broader range, triggering a rapid move toward the psychologically important $60,000 level. Bitcoin trading below key level | Source: BTCUSDT chart on TradingView The current structure is technically fragile. Bitcoin is trading below the 50-day, 100-day, and 200-day moving averages, with all three trending downward. This alignment confirms that bearish momentum remains dominant across short-, medium-, and long-term timeframes. Notably, the recent recovery attempt from the $60,000 area has been relatively weak. Producing only a modest bounce despite elevated trading volume during the selloff. Related Reading: Bitcoin Flashes One Of Its Rarest Demand Signals In Six Years Details From a market structure perspective, the most important observation is that Bitcoin is now revisiting the same support zone that produced the February low. That area between roughly $60,000 and $62,000 has become the last major defense line preventing a deeper retracement. A sustained hold above this region could allow price to stabilize and potentially build a base. A decisive breakdown would leave little historical support until significantly lower levels. Increasing the risk of another volatility expansion phase. Featured image from ChatGPT, chart from TradingView.com Blockchain/NewsBTC https://www.newsbtc.com/analysis/eth/ethereum-price-could-spark-upswing-1550/ Thu, 11 Jun 2026 03:58:22 +0000 Ethereum price started a downside correction below $1,665. ETH must clear the $1,650 and $1,720 resistance levels to continue higher. Ethereum started a downside correction below the $1,650 zone. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a declining channel forming with resistance at $1,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,720 zone. Ethereum Price Holds Support Ethereum price failed to stay above the $1,680 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $1,665 and $1,650 levels. The price even tested the 50% Fib retracement level of the upward move from the $1,505 swing low to the $1,720 swing high. However, the bulls were active near the $1,610 level. Besides, there is a declining channel forming with resistance at $1,640 on the hourly chart of ETH/USD. Ethereum price is now trading below $1,650 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,610, the price could attempt another increase. Immediate resistance is seen near the $1,650 level. The first key resistance is near the $1,665 level. The next major resistance is near the $1,680 level. A clear move above the $1,680 resistance might send the price toward the $1,720 resistance. An upside break above the $1,720 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $1,780 resistance zone or even $1,800 in the near term. Downside Continuation In ETH? If Ethereum fails to clear the $1,650 resistance, it could start a fresh decline. Initial support on the downside is near the $1,610 level. The first major support sits near the $1,590 zone or the 61.8% Fib retracement level of the upward move from the $1,505 swing low to the $1,720 swing high. A clear move below the $1,590 support might push the price toward the $1,550 support. Any more losses might send the price toward the $1,520 region. The main support could be $1,500. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $1,610 Major Resistance Level – $1,665 Blockchain/NewsBTC https://www.newsbtc.com/analysis/eth/ethereum-price-could-spark-upswing-1550/ Thu, 11 Jun 2026 03:58:22 +0000 Ethereum price started a downside correction below $1,665. ETH must clear the $1,650 and $1,720 resistance levels to continue higher. Ethereum started a downside correction below the $1,650 zone. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a declining channel forming with resistance at $1,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,720 zone. Ethereum Price Holds Support Ethereum price failed to stay above the $1,680 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $1,665 and $1,650 levels. The price even tested the 50% Fib retracement level of the upward move from the $1,505 swing low to the $1,720 swing high. However, the bulls were active near the $1,610 level. Besides, there is a declining channel forming with resistance at $1,640 on the hourly chart of ETH/USD. Ethereum price is now trading below $1,650 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,610, the price could attempt another increase. Immediate resistance is seen near the $1,650 level. The first key resistance is near the $1,665 level. The next major resistance is near the $1,680 level. A clear move above the $1,680 resistance might send the price toward the $1,720 resistance. An upside break above the $1,720 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $1,780 resistance zone or even $1,800 in the near term. Downside Continuation In ETH? If Ethereum fails to clear the $1,650 resistance, it could start a fresh decline. Initial support on the downside is near the $1,610 level. The first major support sits near the $1,590 zone or the 61.8% Fib retracement level of the upward move from the $1,505 swing low to the $1,720 swing high. A clear move below the $1,590 support might push the price toward the $1,550 support. Any more losses might send the price toward the $1,520 region. The main support could be $1,500. Technical Indicators Hourly MACD The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI The RSI for ETH/USD is now above the 50 zone. Major Support Level $1,610 Major Resistance Level $1,665 Blockchain/NewsBTC https://news.bitcoin.com/charles-edwards-bitcoin-treasuries-levering-up-record-rates/ Thu, 11 Jun 2026 03:30:58 +0000 Bitcoin treasury companies are piling on debt at record rates to fund their BTC buying, Capriole Investments founder Charles Edwards warned, reviving a year-old call that the model rests on unsustainable “fake yield.” A Year-Old Warning Resurfaces Bitcoin treasury companies are taking on debt at record rates to fund their bitcoin purchases, Capriole Investments founder […] Blockchain/Bitcoin_News https://news.bitcoin.com/charles-edwards-bitcoin-treasuries-levering-up-record-rates/ Thu, 11 Jun 2026 03:30:58 +0000 Bitcoin treasury companies are piling on debt at record rates to fund their BTC buying, Capriole Investments founder Charles Edwards warned, reviving a year-old call that the model rests on unsustainable fake yield. A Year-Old Warning Resurfaces Bitcoin treasury companies are taking on debt at record rates to fund their bitcoin purchases, Capriole Investments founder [] Blockchain/Bitcoin_News https://www.newsbtc.com/analysis/btc/bitcoin-price-hovers-above-60k/ Thu, 11 Jun 2026 03:09:33 +0000 Bitcoin price started a fresh decline below the $62,500 zone. BTC is showing bearish signs and might continue to move down if it dips below $61,200. Bitcoin failed to stay above $63,200 and extended losses. The price is trading below $62,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance near $62,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $62,500 and $63,500 levels. Bitcoin Price Dips Toward Support Bitcoin price failed to stay above the $63,500 support zone. BTC remained in a bearish zone and extended losses below the $63,200 level. There was a move below the $62,500 level. The price even dipped below $61,200. A low was formed at $60,746 and the price is still showing many bearish signs. There was a minor increase above the 23.6% Fib retracement level of the downward move from the $64,613 swing high to the $60,746 low. Bitcoin is now trading below $62,500 and the 100 hourly simple moving average. There is also a bearish trend line forming with resistance near $62,400 on the hourly chart of the BTC/USD pair. If the price remains stable above $60,750, it could attempt a fresh increase. Immediate resistance is near the $62,500 level and the trend line. The first key resistance is near the $63,200 level or the 61.8% Fib retracement level of the downward move from the $64,613 swing high to the $60,746 low. A close above the $63,200 resistance might send the price further higher. In the stated case, the price could rise and test the $63,500 resistance. Any more gains might send the price toward the $64,500 level. The next barrier for the bulls could be $65,000. More Losses In BTC? If Bitcoin fails to rise above the $63,200 resistance zone, it could start another decline. Immediate support is near the $61,650 level. The first major support is near the $61,200 level. The next support is now near the $60,750 zone. Any more losses might send the price toward the $60,200 support in the near term. The main support now sits at $60,000, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $61,650, followed by $61,200. Major Resistance Levels – $62,500 and $63,500. Blockchain/NewsBTC https://www.newsbtc.com/analysis/btc/bitcoin-price-hovers-above-60k/ Thu, 11 Jun 2026 03:09:33 +0000 Bitcoin price started a fresh decline below the $62,500 zone. BTC is showing bearish signs and might continue to move down if it dips below $61,200. Bitcoin failed to stay above $63,200 and extended losses. The price is trading below $62,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance near $62,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $62,500 and $63,500 levels. Bitcoin Price Dips Toward Support Bitcoin price failed to stay above the $63,500 support zone. BTC remained in a bearish zone and extended losses below the $63,200 level. There was a move below the $62,500 level. The price even dipped below $61,200. A low was formed at $60,746 and the price is still showing many bearish signs. There was a minor increase above the 23.6% Fib retracement level of the downward move from the $64,613 swing high to the $60,746 low. Bitcoin is now trading below $62,500 and the 100 hourly simple moving average. There is also a bearish trend line forming with resistance near $62,400 on the hourly chart of the BTC/USD pair. If the price remains stable above $60,750, it could attempt a fresh increase. Immediate resistance is near the $62,500 level and the trend line. The first key resistance is near the $63,200 level or the 61.8% Fib retracement level of the downward move from the $64,613 swing high to the $60,746 low. A close above the $63,200 resistance might send the price further higher. In the stated case, the price could rise and test the $63,500 resistance. Any more gains might send the price toward the $64,500 level. The next barrier for the bulls could be $65,000. More Losses In BTC? If Bitcoin fails to rise above the $63,200 resistance zone, it could start another decline. Immediate support is near the $61,650 level. The first major support is near the $61,200 level. The next support is now near the $60,750 zone. Any more losses might send the price toward the $60,200 support in the near term. The main support now sits at $60,000, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) The RSI for BTC/USD is now above the 50 level. Major Support Levels $61,650, followed by $61,200. Major Resistance Levels $62,500 and $63,500. Blockchain/NewsBTC https://www.newsbtc.com/news/crypto-hackers-drain-over-36m-from-protocols-using-unverified-contracts/ Thu, 11 Jun 2026 03:00:44 +0000 A crypto hacker who drained $26 million from Ethereum-based protocol Truebit in January had likely practiced the technique on smaller targets first, according to blockchain analytics firm Chainalysis. Related Reading: The Bitcoin Rally Has A Problem: Demand Is Drying Up A Contract Left Exposed For Years The Truebit exploit was the largest of four incidents Chainalysis identified in a new report covering the past six months. Together, those attacks — targeting Truebit, Trusted Volumes, Aperture Finance, and Ekubo — account for roughly $37 million in losses, all traced back to contracts whose source code had never been publicly verified on blockchain explorers. The Truebit contract had been sitting on Ethereum since 2021. It was compiled using Solidity v0.5.3, a version released before automatic overflow protections became standard. An attacker found an integer overflow flaw inside its bonding curve mechanism and used it to mint large quantities of tokens at minimal cost before converting them to ETH. Why Closed Code Creates Open Risk Verified contracts get reviewed. Bug bounty hunters read them. Independent researchers flag problems before attackers do. Unverified contracts get none of that scrutiny, and many bug bounty programs specifically exclude them from coverage — meaning vulnerabilities can sit untouched for years while millions of dollars flow through the affected code. That gap is what Chainalysis says attackers are now exploiting. Each of the four compromised contracts lacked publicly available source code. Attackers worked instead from decompiled bytecode, converting raw on-chain code into readable output using tools like Dedaub, Heimdall, and Panoramix. Once decompiled, the code can be fed into AI systems capable of spotting reentrancy flaws, arithmetic errors, and access-control weaknesses at a scale no human reviewer could match. The $36.7 million figure is a fraction of total DeFi losses during the same period — Chainalysis puts the broader six-month theft total above $1 billion. But the firm argues the unverified contract problem could grow as automated analysis tools become cheaper and easier to use, allowing attackers to scan large numbers of dormant contracts and rank them by exploitability. The Vulnerabilities Varied, But The Pattern Did Not Across the four incidents, the specific bugs differed. Reports indicate weaknesses ranged from integer overflow and access-control failures to input-validation errors and identity verification flaws. Related Reading: A 400 Billion Shiba Inu Surprise: Whale Wallet Springs Back To Life What they shared was the same protection gap: no public source code, no external review, and no real-time monitoring in place to catch abnormal activity before the funds were gone. Chainalysis is recommending that protocols treat source-code verification as a baseline requirement for any contract holding user assets. The firm also says audits and bug bounty coverage should extend to implementation contracts sitting behind proxy structures — components that often go unreviewed even when the front-facing contract is verified. Featured image from CybersecAsia, chart from TradingView Blockchain/NewsBTC https://www.newsbtc.com/news/crypto-hackers-drain-over-36m-from-protocols-using-unverified-contracts/ Thu, 11 Jun 2026 03:00:44 +0000 A crypto hacker who drained $26 million from Ethereum-based protocol Truebit in January had likely practiced the technique on smaller targets first, according to blockchain analytics firm Chainalysis. Related Reading: The Bitcoin Rally Has A Problem: Demand Is Drying Up A Contract Left Exposed For Years The Truebit exploit was the largest of four incidents Chainalysis identified in a new report covering the past six months. Together, those attacks targeting Truebit, Trusted Volumes, Aperture Finance, and Ekubo account for roughly $37 million in losses, all traced back to contracts whose source code had never been publicly verified on blockchain explorers. The Truebit contract had been sitting on Ethereum since 2021. It was compiled using Solidity v0.5.3, a version released before automatic overflow protections became standard. An attacker found an integer overflow flaw inside its bonding curve mechanism and used it to mint large quantities of tokens at minimal cost before converting them to ETH. Why Closed Code Creates Open Risk Verified contracts get reviewed. Bug bounty hunters read them. Independent researchers flag problems before attackers do. Unverified contracts get none of that scrutiny, and many bug bounty programs specifically exclude them from coverage meaning vulnerabilities can sit untouched for years while millions of dollars flow through the affected code. That gap is what Chainalysis says attackers are now exploiting. Each of the four compromised contracts lacked publicly available source code. Attackers worked instead from decompiled bytecode, converting raw on-chain code into readable output using tools like Dedaub, Heimdall, and Panoramix. Once decompiled, the code can be fed into AI systems capable of spotting reentrancy flaws, arithmetic errors, and access-control weaknesses at a scale no human reviewer could match. The $36.7 million figure is a fraction of total DeFi losses during the same period Chainalysis puts the broader six-month theft total above $1 billion. But the firm argues the unverified contract problem could grow as automated analysis tools become cheaper and easier to use, allowing attackers to scan large numbers of dormant contracts and rank them by exploitability. The Vulnerabilities Varied, But The Pattern Did Not Across the four incidents, the specific bugs differed. Reports indicate weaknesses ranged from integer overflow and access-control failures to input-validation errors and identity verification flaws. Related Reading: A 400 Billion Shiba Inu Surprise: Whale Wallet Springs Back To Life What they shared was the same protection gap: no public source code, no external review, and no real-time monitoring in place to catch abnormal activity before the funds were gone. Chainalysis is recommending that protocols treat source-code verification as a baseline requirement for any contract holding user assets. The firm also says audits and bug bounty coverage should extend to implementation contracts sitting behind proxy structures components that often go unreviewed even when the front-facing contract is verified. Featured image from CybersecAsia, chart from TradingView Blockchain/NewsBTC https://news.bitcoin.com/tim-draper-says-quantum-will-crack-banks-before-bitcoin/ Thu, 11 Jun 2026 02:30:15 +0000 Tim Draper argued bitcoin faces less quantum risk than banks, comparing its security to Fort Knox. His comments shifted attention from blockchain vulnerabilities to legacy financial systems, as debate grows over quantum computing’s threat to modern cryptography. Tim Draper Revives Bitcoin Security Thesis as Quantum Fears Shift Toward Banks Venture capitalist and longtime bitcoin investor […] Blockchain/Bitcoin_News https://news.bitcoin.com/tim-draper-says-quantum-will-crack-banks-before-bitcoin/ Thu, 11 Jun 2026 02:30:15 +0000 Tim Draper argued bitcoin faces less quantum risk than banks, comparing its security to Fort Knox. His comments shifted attention from blockchain vulnerabilities to legacy financial systems, as debate grows over quantum computings threat to modern cryptography. Tim Draper Revives Bitcoin Security Thesis as Quantum Fears Shift Toward Banks Venture capitalist and longtime bitcoin investor [] Blockchain/Bitcoin_News https://www.newsbtc.com/ethereum-news/three-wallets-withdraw-122m-in-ethereum-from-falconx-and-kraken-is-tom-lee-buying-again/ Thu, 11 Jun 2026 02:00:57 +0000 Ethereum is struggling below $1,700 as the market faces a combination of apathy and uncertainty that has made sustained directional movement difficult to produce in either direction. The price is grinding — not breaking down aggressively but equally failing to generate the momentum needed to reclaim higher levels — and data from Arkham Intelligence has identified a cluster of large institutional withdrawals that adds a structural layer to the current setup worth examining carefully. Related Reading: XRP Leverage Flush Hits Bybit While Binance Holds The Line – Analyst Explains Rare Setup Three whale addresses — two of them freshly created wallets with no prior transaction history — have withdrawn a combined $122.29 million in Ethereum from FalconX and Kraken. The scale of the withdrawal is significant. The venue combination is notable. FalconX is a regulated institutional prime brokerage serving some of the most sophisticated participants in digital asset markets, while Kraken is one of the most established and most scrutinized exchanges in the ecosystem. Ethereum Whale Transfers | Source: Arkham The creation of fresh wallets for withdrawals of this scale is the behavioral detail that carries the most analytical weight. Institutional participants creating new addresses specifically for large withdrawals typically do so to maintain operational security, separate treasury positions from trading activity, or establish dedicated holding infrastructure for assets intended for long-term custody rather than near-term trading. $122 million in Ethereum leaving institutional venues and moving into freshly created wallets during a period of market apathy does not describe participants preparing to sell. It describes participants who have made a decision about Ethereum at current prices — and have created the infrastructure to hold that decision for an extended period. Down 9 Million and Still Withdrawing The Arkham data adds a layer that transforms the withdrawal from a routine institutional movement into a statement about conviction under pressure. One of the addresses involved in the current withdrawal cluster previously purchased Ethereum and is currently sitting on an unrealized loss of approximately $9.1 million on that position. The market has moved against the trade — and the response is not to reduce exposure or exit at a smaller loss. The response is to withdraw more ETH from exchanges into custody. Ethereum Whale position | Source: Arkham Arkham has raised the question of whether the address is connected to Tom Lee — and the behavioral profile is consistent with what Bitmine has been executing publicly. The company has been systematically building toward a 5% Ethereum supply target, currently holding approximately $9.32 billion worth of ETH at 4.59% of circulating supply, with approximately $819.86 million in additional purchases still required to reach that threshold. A participant sitting on a $9.1 million unrealized loss who responds by withdrawing more ETH from institutional venues rather than cutting the position is expressing the same long-term thesis that Bitmine’s entire treasury strategy represents. The loss is present and acknowledged. The direction of the next action is unchanged. For Ethereum below $1,700 under market apathy, that behavioral pattern — institutional-scale participants absorbing unrealized losses and continuing to accumulate rather than capitulating — is the structural signal that the price chart is not yet reflecting but that the on-chain data is documenting in real time. Related Reading: Bitcoin Flashes One Of Its Rarest Demand Signals In Six Years – Details Ethereum Breaks Below February Support As Bears Extend Control Ethereum remains under heavy selling pressure after decisively breaking below the February support zone near $1,800-$1,900, a level that had previously served as the foundation for multiple recovery attempts throughout 2026. The breakdown has fundamentally altered the market structure, with ETH now trading near $1,620 after briefly plunging toward the $1,500 region. More importantly, the recent rebound has been weak and unable to reclaim any meaningful resistance, highlighting the absence of aggressive buyers despite growing institutional accumulation narratives. Ethereum testing critical demand | Source: ETHUSDT chart on TradingView From a technical perspective, the chart shows a clear sequence of lower highs and lower lows since the May peak around $2,400. The failure at that resistance zone marked the completion of a distribution range that ultimately resolved to the downside. Once ETH lost the $1,850 support area, selling accelerated sharply, producing a high-volume breakdown that pushed price well below all major moving averages. Related Reading: XRP Just Printed A Rare Binance Signal As Market Volatility Accelerates The 50-day and 100-day moving averages continue trending lower above the current price, while the 200-day moving average near $2,450 remains far out of reach. This alignment confirms that momentum remains firmly bearish across all major timeframes. The key level to watch is the recent low near $1,500. Bulls have managed to defend that area so far, but unless ETH can reclaim the former support zone around $1,850, the current bounce looks more like a relief rally inside a broader downtrend than the start of a sustainable recovery. Featured image from ChatGPT, chart from TradingView.com Blockchain/NewsBTC https://www.newsbtc.com/ethereum-news/three-wallets-withdraw-122m-in-ethereum-from-falconx-and-kraken-is-tom-lee-buying-again/ Thu, 11 Jun 2026 02:00:57 +0000 Ethereum is struggling below $1,700 as the market faces a combination of apathy and uncertainty that has made sustained directional movement difficult to produce in either direction. The price is grinding not breaking down aggressively but equally failing to generate the momentum needed to reclaim higher levels and data from Arkham Intelligence has identified a cluster of large institutional withdrawals that adds a structural layer to the current setup worth examining carefully. Related Reading: XRP Leverage Flush Hits Bybit While Binance Holds The Line Analyst Explains Rare Setup Three whale addresses two of them freshly created wallets with no prior transaction history have withdrawn a combined $122.29 million in Ethereum from FalconX and Kraken. The scale of the withdrawal is significant. The venue combination is notable. FalconX is a regulated institutional prime brokerage serving some of the most sophisticated participants in digital asset markets, while Kraken is one of the most established and most scrutinized exchanges in the ecosystem. Ethereum Whale Transfers | Source: Arkham The creation of fresh wallets for withdrawals of this scale is the behavioral detail that carries the most analytical weight. Institutional participants creating new addresses specifically for large withdrawals typically do so to maintain operational security, separate treasury positions from trading activity, or establish dedicated holding infrastructure for assets intended for long-term custody rather than near-term trading. $122 million in Ethereum leaving institutional venues and moving into freshly created wallets during a period of market apathy does not describe participants preparing to sell. It describes participants who have made a decision about Ethereum at current prices and have created the infrastructure to hold that decision for an extended period. Down 9 Million and Still Withdrawing The Arkham data adds a layer that transforms the withdrawal from a routine institutional movement into a statement about conviction under pressure. One of the addresses involved in the current withdrawal cluster previously purchased Ethereum and is currently sitting on an unrealized loss of approximately $9.1 million on that position. The market has moved against the trade and the response is not to reduce exposure or exit at a smaller loss. The response is to withdraw more ETH from exchanges into custody. Ethereum Whale position | Source: Arkham Arkham has raised the question of whether the address is connected to Tom Lee and the behavioral profile is consistent with what Bitmine has been executing publicly. The company has been systematically building toward a 5% Ethereum supply target, currently holding approximately $9.32 billion worth of ETH at 4.59% of circulating supply, with approximately $819.86 million in additional purchases still required to reach that threshold. A participant sitting on a $9.1 million unrealized loss who responds by withdrawing more ETH from institutional venues rather than cutting the position is expressing the same long-term thesis that Bitmines entire treasury strategy represents. The loss is present and acknowledged. The direction of the next action is unchanged. For Ethereum below $1,700 under market apathy, that behavioral pattern institutional-scale participants absorbing unrealized losses and continuing to accumulate rather than capitulating is the structural signal that the price chart is not yet reflecting but that the on-chain data is documenting in real time. Related Reading: Bitcoin Flashes One Of Its Rarest Demand Signals In Six Years Details Ethereum Breaks Below February Support As Bears Extend Control Ethereum remains under heavy selling pressure after decisively breaking below the February support zone near $1,800-$1,900, a level that had previously served as the foundation for multiple recovery attempts throughout 2026. The breakdown has fundamentally altered the market structure, with ETH now trading near $1,620 after briefly plunging toward the $1,500 region. More importantly, the recent rebound has been weak and unable to reclaim any meaningful resistance, highlighting the absence of aggressive buyers despite growing institutional accumulation narratives. Ethereum testing critical demand | Source: ETHUSDT chart on TradingView From a technical perspective, the chart shows a clear sequence of lower highs and lower lows since the May peak around $2,400. The failure at that resistance zone marked the completion of a distribution range that ultimately resolved to the downside. Once ETH lost the $1,850 support area, selling accelerated sharply, producing a high-volume breakdown that pushed price well below all major moving averages. Related Reading: XRP Just Printed A Rare Binance Signal As Market Volatility Accelerates The 50-day and 100-day moving averages continue trending lower above the current price, while the 200-day moving average near $2,450 remains far out of reach. This alignment confirms that momentum remains firmly bearish across all major timeframes. The key level to watch is the recent low near $1,500. Bulls have managed to defend that area so far, but unless ETH can reclaim the former support zone around $1,850, the current bounce looks more like a relief rally inside a broader downtrend than the start of a sustainable recovery. Featured image from ChatGPT, chart from TradingView.com Blockchain/NewsBTC https://news.bitcoin.com/tesla-spacex-merger-big-short-investor-steve-eisman-says-he-wouldnt-doubt-it/ Thu, 11 Jun 2026 01:30:32 +0000 Big Short investor Steve Eisman said he would not be surprised by a Tesla-SpaceX deal, fueling speculation about Elon Musk’s next major move. The comments come as SpaceX IPO demand reportedly tops $250 billion. SpaceX IPO Demand Puts Tesla Deal Speculation Under Pressure SpaceX’s intense IPO demand has fueled investor interest in any potential deal […] Blockchain/Bitcoin_News https://news.bitcoin.com/tesla-spacex-merger-big-short-investor-steve-eisman-says-he-wouldnt-doubt-it/ Thu, 11 Jun 2026 01:30:32 +0000 Big Short investor Steve Eisman said he would not be surprised by a Tesla-SpaceX deal, fueling speculation about Elon Musks next major move. The comments come as SpaceX IPO demand reportedly tops $250 billion. SpaceX IPO Demand Puts Tesla Deal Speculation Under Pressure SpaceXs intense IPO demand has fueled investor interest in any potential deal [] Blockchain/Bitcoin_News https://www.newsbtc.com/bitcoin-news/bitcoin-suppressed-like-gold-luke-gromen/ Thu, 11 Jun 2026 01:00:16 +0000 Luke Gromen says Bitcoin’s failure to break decisively higher may reflect more than weak spot demand, arguing that paper instruments can temporarily absorb buying pressure in the same way derivatives have shaped the gold market for years. Speaking with Nathalie Brunell in a June 6 interview, the macro analyst said he has not materially rebuilt the Bitcoin position he previously reduced. “I nibbled a little bit,” Gromen said, but added that he has “not really bought back in in any real way.” The reason, he suggested, is that Bitcoin’s recent price action may be signaling something important about liquidity, market structure and the political sensitivity of hard-asset signals. Paper Bitcoin And The $58K-$72K Frustration Zone Brunell asked Gromen about his prior remark that Bitcoin could remain stuck in what she described as a “$58K to $72K gang for a while,” and whether BTC and gold prices could be suppressed. Gromen clarified that the comment was partly “tongue-in-cheek,” but said there is a serious mechanism behind the idea. Related Reading: Bitcoin At A Discount? Coinbase Exec Says Institutions And Govts Are Buying “I think the way they would do it is the expansion of derivatives, the way they’ve done it with gold historically,” he said. “I think you can in the long run. I don’t think you can do it with Bitcoin, but to the extent that you can expand derivatives, in the short run they can matter.” Gromen’s argument is not that Bitcoin’s supply can be changed, but that demand can be diverted. A buyer that otherwise would need to purchase spot BTC can instead buy a call option or another synthetic instrument. That still expresses bullish exposure, but it does not necessarily remove coins from the market in the same way self-custodied spot accumulation would. “Somebody wants to own Bitcoin, but they’re not buying Bitcoin. They’re buying a call on Bitcoin,” Gromen said. “If you didn’t have those derivatives there, then if you want to own Bitcoin, you got to own Bitcoin. Now, you can buy a derivative on Bitcoin, and it starts to get sloppier, looser.” For Gromen, that distinction matters most over shorter windows. He argued that policymakers can manage optics “to a lot of things” in the near term, even if they cannot do so indefinitely. Luke Gromen on why Bitcoin might keep stalling around $58k-72K: big players can satisfy demand with paper bets instead of buying real #Bitcoin, which holds the price back. It’s worked on #gold for years, but he doesn’t think it lasts forever with Bitcoin… https://t.co/yPAuJA3dKI pic.twitter.com/CwZ2cGwwW6 — Natalie Brunell ⚡️ (@natbrunell) June 9, 2026 Bitcoin As A Liquidity Smoke Alarm The derivative-suppression thesis sits inside a broader macro framework. Gromen described Bitcoin as “one of, if not the last functioning smoke alarm of liquidity,” and said its recent weakness is “telling us not good things.” In his view, liquidity is being absorbed elsewhere, most visibly by AI-related equities and by energy and commodities after the Iran war. “AI is sucking all the oxygen out of the room, all the liquidity out of the room, and it’s all in one area,” Gromen said. “And I think that’s happening to Bitcoin as well. I think it’s a victim of that as well.” He argued that the equity rally is narrower than headline indices suggest, with AI-linked names carrying much of the move. That makes Bitcoin’s lag more relevant to him: if BTC is a liquidity-sensitive asset and it is not confirming the strength in stocks, the market may be less healthy than the index level implies. Related Reading: Bitcoin Stablecoin Ratio Drops To Extreme Low—What It Means For BTC Gromen linked the issue to the US effort to run the economy hot, weaken the dollar and reshore production. Those forces, he said, should be positive for gold and Bitcoin in a freer market. But they also risk sending an uncomfortable message. “There are elements in the US that don’t want to see that because those things will be communicating to the world, hey, you’re just inflating,” he said. “Hey, you’re just inflating. And that creates some issues on the financing side with the Treasury market.” His base case is not a conventional crash, but a shift in the measuring stick. He expects equities to rise in dollar terms while falling when priced in gold and Bitcoin. In that scenario, hard assets outperform nominal claims, while 10-year Treasury yields remain broadly contained in the 4% to 4.5% area. That is why Gromen does not see any potential suppression of Bitcoin as permanent. Paper markets can delay a move. They can blur the signal. But in his framework, they cannot eliminate the underlying macro pressure. “In the short run, they can manage the optics,” he said. “In the long run, they can’t.” At press time, BTC traded at $60,966. Featured image created with DALL.E, chart from TradingView.com Blockchain/NewsBTC https://www.newsbtc.com/bitcoin-news/bitcoin-suppressed-like-gold-luke-gromen/ Thu, 11 Jun 2026 01:00:16 +0000 Luke Gromen says Bitcoins failure to break decisively higher may reflect more than weak spot demand, arguing that paper instruments can temporarily absorb buying pressure in the same way derivatives have shaped the gold market for years. Speaking with Nathalie Brunell in a June 6 interview, the macro analyst said he has not materially rebuilt the Bitcoin position he previously reduced. I nibbled a little bit, Gromen said, but added that he has not really bought back in in any real way. The reason, he suggested, is that Bitcoins recent price action may be signaling something important about liquidity, market structure and the political sensitivity of hard-asset signals. Paper Bitcoin And The $58K-$72K Frustration Zone Brunell asked Gromen about his prior remark that Bitcoin could remain stuck in what she described as a $58K to $72K gang for a while, and whether BTC and gold prices could be suppressed. Gromen clarified that the comment was partly tongue-in-cheek, but said there is a serious mechanism behind the idea. Related Reading: Bitcoin At A Discount? Coinbase Exec Says Institutions And Govts Are Buying I think the way they would do it is the expansion of derivatives, the way theyve done it with gold historically, he said. I think you can in the long run. I dont think you can do it with Bitcoin, but to the extent that you can expand derivatives, in the short run they can matter. Gromens argument is not that Bitcoins supply can be changed, but that demand can be diverted. A buyer that otherwise would need to purchase spot BTC can instead buy a call option or another synthetic instrument. That still expresses bullish exposure, but it does not necessarily remove coins from the market in the same way self-custodied spot accumulation would. Somebody wants to own Bitcoin, but theyre not buying Bitcoin. Theyre buying a call on Bitcoin, Gromen said. If you didnt have those derivatives there, then if you want to own Bitcoin, you got to own Bitcoin. Now, you can buy a derivative on Bitcoin, and it starts to get sloppier, looser. For Gromen, that distinction matters most over shorter windows. He argued that policymakers can manage optics to a lot of things in the near term, even if they cannot do so indefinitely. Luke Gromen on why Bitcoin might keep stalling around $58k-72K: big players can satisfy demand with paper bets instead of buying real #Bitcoin, which holds the price back. Its worked on #gold for years, but he doesnt think it lasts forever with Bitcoin https://t.co/yPAuJA3dKI pic.twitter.com/CwZ2cGwwW6 Natalie Brunell (@natbrunell) June 9, 2026 Bitcoin As A Liquidity Smoke Alarm The derivative-suppression thesis sits inside a broader macro framework. Gromen described Bitcoin as one of, if not the last functioning smoke alarm of liquidity, and said its recent weakness is telling us not good things. In his view, liquidity is being absorbed elsewhere, most visibly by AI-related equities and by energy and commodities after the Iran war. AI is sucking all the oxygen out of the room, all the liquidity out of the room, and its all in one area, Gromen said. And I think thats happening to Bitcoin as well. I think its a victim of that as well. He argued that the equity rally is narrower than headline indices suggest, with AI-linked names carrying much of the move. That makes Bitcoins lag more relevant to him: if BTC is a liquidity-sensitive asset and it is not confirming the strength in stocks, the market may be less healthy than the index level implies. Related Reading: Bitcoin Stablecoin Ratio Drops To Extreme LowWhat It Means For BTC Gromen linked the issue to the US effort to run the economy hot, weaken the dollar and reshore production. Those forces, he said, should be positive for gold and Bitcoin in a freer market. But they also risk sending an uncomfortable message. There are elements in the US that dont want to see that because those things will be communicating to the world, hey, youre just inflating, he said. Hey, youre just inflating. And that creates some issues on the financing side with the Treasury market. His base case is not a conventional crash, but a shift in the measuring stick. He expects equities to rise in dollar terms while falling when priced in gold and Bitcoin. In that scenario, hard assets outperform nominal claims, while 10-year Treasury yields remain broadly contained in the 4% to 4.5% area. That is why Gromen does not see any potential suppression of Bitcoin as permanent. Paper markets can delay a move. They can blur the signal. But in his framework, they cannot eliminate the underlying macro pressure. In the short run, they can manage the optics, he said. In the long run, they cant. At press time, BTC traded at $60,966. Featured image created with DALL.E, chart from TradingView.com Blockchain/NewsBTC https://news.bitcoin.com/xrpl-and-rlusd-take-center-stage-as-ripple-joins-mastercards-ai-payments-push/ Thu, 11 Jun 2026 00:20:40 +0000 Ripple is participating in Mastercard’s Agent Pay for Machines effort, placing XRPL and RLUSD in a wider push to support AI-driven payments. Mastercard is working with more than 30 partners as autonomous transactions raise new demands for controls, permissioning, and settlement. Mastercard’s AI Payments Plan Puts Ripple’s Enterprise Role in Focus Ripple’s role in Mastercard’s […] Blockchain/Bitcoin_News https://news.bitcoin.com/xrpl-and-rlusd-take-center-stage-as-ripple-joins-mastercards-ai-payments-push/ Thu, 11 Jun 2026 00:20:40 +0000 Ripple is participating in Mastercards Agent Pay for Machines effort, placing XRPL and RLUSD in a wider push to support AI-driven payments. Mastercard is working with more than 30 partners as autonomous transactions raise new demands for controls, permissioning, and settlement. Mastercards AI Payments Plan Puts Ripples Enterprise Role in Focus Ripples role in Mastercards [] Blockchain/Bitcoin_News https://www.newsbtc.com/news/dogecoin/the-dogecoin-perfect-bottom/ Thu, 11 Jun 2026 00:00:35 +0000 According to a crypto analyst, Dogecoin (DOGE) has returned to a key trendline that has repeatedly marked major cycle bottoms in past market phases. The setup comes alongside low sentiment and weakness, conditions that previously aligned with strong price recoveries. The analyst noted that this lower line could now form a potential base for Dogecoin’s next upside move to the top. Analyst Forecasts Dogecoin Perfect Price Bottom Market expert Cryptollica has announced that Dogecoin may have formed a cycle bottom after revisiting a long-term support trendline that has been building since 2021. The analyst noted that every previous market bottom since 2021 began at this same lower support line. Related Reading: Dogecoin Will ‘Pump Hard’ After This Happens, Analyst Clocks Generational Entry In his X post, Cryptollica pointed to psychological conditions that have historically aligned with this lower trendline. He noted that each time Dogecoin approaches this area, demand and interest in the meme coin plummets to low levels, with sentiment turning extremely negative and fearful. This area has also marked major reversal points for Dogecoin, allowing the cryptocurrency to begin a fresh recovery after a severe downtrend. Past movements from Cryptollica 2021 to 2024 price chart support this view. In 2021, Dogecoin touched this trendline around $0.095 before surging to new highs that marked its historical bull run. A year later, in 2022, the same trendline held at $0.045, again marking the bottom before a sharp rebound. The cryptocurrency also established a fresh bottom near $0.055 in 2024 before starting an uptrend that eventually pushed its price above $0.225. In the current market cycle, Dogecoin has revisited this lower trendline once again. The first time this happened was in early 2026 when its price crashed to roughly $0.085, and the second occurred just recently. Cryptollica has described this latest retest as the “perfect bottom” for Dogecoin, noting that the same structure and negative psychological conditions in 2021 are also present in the current cycle. With chart patterns and broader sentiment aligning almost perfectly, the analyst believes that a market reset may have already occurred or is nearing completion. If this view proves correct, he expects Dogecoin to enter a recovery phase soon, with potential upside targets near $1.6. Analyst Urges To Wait For Confirmation Before Calling Bottom In a separate analysis, market expert Erick Crypto revealed that Dogecoin has recently lost a major support zone. He said the key demand area near $0.085 failed to hold as market sellers took control, adding more pressure on the meme coin’s price. Related Reading: Dogecoin Price Just Entered A Critical Level, But Analyst Says It’s Not Time To Buy The analyst added that the latest move raises questions about whether it was a liquidity sweep ahead of a potential recovery or the beginning of a deeper price correction. As Dogecoin continues its downtrend, Erick Crypto noted that its trading volume is still increasing, signaling strong market participation. He urged traders to closely watch price movements and wait for a clear confirmation before calling a final cycle bottom. Featured image from iStock, chart from Tradingview.com Blockchain/NewsBTC https://www.newsbtc.com/news/dogecoin/the-dogecoin-perfect-bottom/ Thu, 11 Jun 2026 00:00:35 +0000 According to a crypto analyst, Dogecoin (DOGE) has returned to a key trendline that has repeatedly marked major cycle bottoms in past market phases. The setup comes alongside low sentiment and weakness, conditions that previously aligned with strong price recoveries. The analyst noted that this lower line could now form a potential base for Dogecoins next upside move to the top. Analyst Forecasts Dogecoin Perfect Price Bottom Market expert Cryptollica has announced that Dogecoin may have formed a cycle bottom after revisiting a long-term support trendline that has been building since 2021. The analyst noted that every previous market bottom since 2021 began at this same lower support line. Related Reading: Dogecoin Will Pump Hard After This Happens, Analyst Clocks Generational Entry In his X post, Cryptollica pointed to psychological conditions that have historically aligned with this lower trendline. He noted that each time Dogecoin approaches this area, demand and interest in the meme coin plummets to low levels, with sentiment turning extremely negative and fearful. This area has also marked major reversal points for Dogecoin, allowing the cryptocurrency to begin a fresh recovery after a severe downtrend. Past movements from Cryptollica 2021 to 2024 price chart support this view. In 2021, Dogecoin touched this trendline around $0.095 before surging to new highs that marked its historical bull run. A year later, in 2022, the same trendline held at $0.045, again marking the bottom before a sharp rebound. The cryptocurrency also established a fresh bottom near $0.055 in 2024 before starting an uptrend that eventually pushed its price above $0.225. In the current market cycle, Dogecoin has revisited this lower trendline once again. The first time this happened was in early 2026 when its price crashed to roughly $0.085, and the second occurred just recently. Cryptollica has described this latest retest as the perfect bottom for Dogecoin, noting that the same structure and negative psychological conditions in 2021 are also present in the current cycle. With chart patterns and broader sentiment aligning almost perfectly, the analyst believes that a market reset may have already occurred or is nearing completion. If this view proves correct, he expects Dogecoin to enter a recovery phase soon, with potential upside targets near $1.6. Analyst Urges To Wait For Confirmation Before Calling Bottom In a separate analysis, market expert Erick Crypto revealed that Dogecoin has recently lost a major support zone. He said the key demand area near $0.085 failed to hold as market sellers took control, adding more pressure on the meme coins price. Related Reading: Dogecoin Price Just Entered A Critical Level, But Analyst Says Its Not Time To Buy The analyst added that the latest move raises questions about whether it was a liquidity sweep ahead of a potential recovery or the beginning of a deeper price correction. As Dogecoin continues its downtrend, Erick Crypto noted that its trading volume is still increasing, signaling strong market participation. He urged traders to closely watch price movements and wait for a clear confirmation before calling a final cycle bottom. Featured image from iStock, chart from Tradingview.com Blockchain/NewsBTC https://Blockchain.News/news/cftc-prediction-market-rules-sports-contracts Wed, 10 Jun 2026 22:19:06 +0000 The CFTC's proposal could legitimize sports prediction markets while clarifying election contract regulations. Public comments open for 90 days. (Read More) Blockchain/Blockchain_News https://decrypt.co/370704/anthropic-ceo-ai-too-powerful-regulation-cant-wait Wed, 10 Jun 2026 21:31:33 +0000 In a new essay, Dario Amodei called for binding safety rules for frontier models as his company heads toward an IPO. Blockchain/Decrypt https://decrypt.co/370704/anthropic-ceo-ai-too-powerful-regulation-cant-wait Wed, 10 Jun 2026 21:31:33 +0000 In a new essay, Dario Amodei called for binding safety rules for frontier models as his company heads toward an IPO. Blockchain/Decrypt https://www.newsbtc.com/news/bitcoin/bitcoin-test-key-demand-area/ Wed, 10 Jun 2026 21:00:02 +0000 Bitcoin is testing a key demand zone after breaking down from a symmetrical triangle, putting the market at a critical turning point. While buyers may attempt to defend this support and trigger a rebound, a failure to hold could open the door to further downside in the near term. Bearish Triangle Breakdown Sends Bitcoin Toward Key Liquidity Zone Minga highlighted that the market has experienced a bearish breakout from a symmetrical triangle pattern, and the price is trending toward the 50% wick fill region of the previous weekly candle, an area containing significant untested liquidity and a long limit order that was previously front-ran. While he expects this long position to be filled, the risk on this trade is minimal at 0.25%, effectively serving as a risk-free hedge against his existing short position. Related Reading: Bitcoin Trader Says Something Extremely Bad Is Coming Today, Here’s What Minga maintains a bullish bias for the remainder of the month, but he emphasizes that this outlook requires technical confirmation, specifically a bounce from the $60,700 level. Losing this key support likely invites further downside, bringing the $58,900 level into focus. Given that the daily trend is showing clear signs of exhaustion, Minga views the $60,700–$58,900 range as a high-probability zone for a potential recovery. However, the analyst cautions that exhaustion does not inherently guarantee a reversal. Market conditions can often result in a slow, grinding decline as the asset hunts for liquidity on both sides, leading to highly choppy price action. This behavior is historically common near major market turning points. Given that the market is potentially nearing a macro bottom, the possibility of a prolonged, choppy descent cannot be ignored. Should this scenario materialize and the current support zones fail to hold, Minga identifies the $54,500–$49,000 region as the next critical downside target. $60,800 Remains BTC’s Most Important Battleground According to analyst @wangtuai888, whose track record includes eight consecutive accurate trend predictions, the market is currently hovering at a decisive juncture. As long as the $60,800 support holds, the asset remains within an uptrend. However, should the price break and close a 1-hour solid candle below $60,800, which marks a critical Point of Control (POC) and a vacuum zone, the analyst anticipates a sharp, immediate decline. Related Reading: Bitcoin Testing A Critical Support After Sharp Market-Wide Selloff If the $60,800 support holds, @wangtuai888 expects an initial rebound toward $62,400 to break the previous minor high and shift the local market structure. This would be followed by a pullback to the $61,800 POC, which the analyst identifies as a favorable entry point for long positions. The strategy then pivots toward a tactical shorting opportunity. The analyst intends to initiate a short position near the 63,000 level, noting that even if a stop-loss is triggered, the high reward-to-risk ratio makes this a worthwhile trade. Ultimately, the analyst emphasizes that this expected rebound should not be mistaken for a full market reversal. The broader direction remains firmly in a downtrend, and the ultimate price target for this bearish cycle is $55,500. Featured image from Pngtree, chart from Tradingview.com Blockchain/NewsBTC https://www.newsbtc.com/news/bitcoin/bitcoin-test-key-demand-area/ Wed, 10 Jun 2026 21:00:02 +0000 Bitcoin is testing a key demand zone after breaking down from a symmetrical triangle, putting the market at a critical turning point. While buyers may attempt to defend this support and trigger a rebound, a failure to hold could open the door to further downside in the near term. Bearish Triangle Breakdown Sends Bitcoin Toward Key Liquidity Zone Minga highlighted that the market has experienced a bearish breakout from a symmetrical triangle pattern, and the price is trending toward the 50% wick fill region of the previous weekly candle, an area containing significant untested liquidity and a long limit order that was previously front-ran. While he expects this long position to be filled, the risk on this trade is minimal at 0.25%, effectively serving as a risk-free hedge against his existing short position. Related Reading: Bitcoin Trader Says Something Extremely Bad Is Coming Today, Heres What Minga maintains a bullish bias for the remainder of the month, but he emphasizes that this outlook requires technical confirmation, specifically a bounce from the $60,700 level. Losing this key support likely invites further downside, bringing the $58,900 level into focus. Given that the daily trend is showing clear signs of exhaustion, Minga views the $60,700$58,900 range as a high-probability zone for a potential recovery. However, the analyst cautions that exhaustion does not inherently guarantee a reversal. Market conditions can often result in a slow, grinding decline as the asset hunts for liquidity on both sides, leading to highly choppy price action. This behavior is historically common near major market turning points. Given that the market is potentially nearing a macro bottom, the possibility of a prolonged, choppy descent cannot be ignored. Should this scenario materialize and the current support zones fail to hold, Minga identifies the $54,500$49,000 region as the next critical downside target. $60,800 Remains BTCs Most Important Battleground According to analyst @wangtuai888, whose track record includes eight consecutive accurate trend predictions, the market is currently hovering at a decisive juncture. As long as the $60,800 support holds, the asset remains within an uptrend. However, should the price break and close a 1-hour solid candle below $60,800, which marks a critical Point of Control (POC) and a vacuum zone, the analyst anticipates a sharp, immediate decline. Related Reading: Bitcoin Testing A Critical Support After Sharp Market-Wide Selloff If the $60,800 support holds, @wangtuai888 expects an initial rebound toward $62,400 to break the previous minor high and shift the local market structure. This would be followed by a pullback to the $61,800 POC, which the analyst identifies as a favorable entry point for long positions. The strategy then pivots toward a tactical shorting opportunity. The analyst intends to initiate a short position near the 63,000 level, noting that even if a stop-loss is triggered, the high reward-to-risk ratio makes this a worthwhile trade. Ultimately, the analyst emphasizes that this expected rebound should not be mistaken for a full market reversal. The broader direction remains firmly in a downtrend, and the ultimate price target for this bearish cycle is $55,500. Featured image from Pngtree, chart from Tradingview.com Blockchain/NewsBTC https://news.bitcoin.com/tether-leads-1-4b-neura-robotics-round-to-give-machines-built-in-crypto-wallets/ Wed, 10 Jun 2026 20:33:20 +0000 Tether is leading one of the largest private investment rounds in humanoid robotics history, committing up to $1.4 billion to NEURA Robotics as part of a push to wire autonomous machines into the global financial system. A New Role for Stablecoins The deal, announced June 10, positions Tether as the primary financial and intelligence infrastructure […] Blockchain/Bitcoin_News https://news.bitcoin.com/tether-leads-1-4b-neura-robotics-round-to-give-machines-built-in-crypto-wallets/ Wed, 10 Jun 2026 20:33:20 +0000 Tether is leading one of the largest private investment rounds in humanoid robotics history, committing up to $1.4 billion to NEURA Robotics as part of a push to wire autonomous machines into the global financial system. A New Role for Stablecoins The deal, announced June 10, positions Tether as the primary financial and intelligence infrastructure [] Blockchain/Bitcoin_News https://decrypt.co/370700/solana-exchange-raydium-exploit-defi-attacks-grow Wed, 10 Jun 2026 20:19:35 +0000 Solana-based decentralized exchange Raydium will repay the funds swiped in the $1.34 million exploit using its treasury. Blockchain/Decrypt https://decrypt.co/370700/solana-exchange-raydium-exploit-defi-attacks-grow Wed, 10 Jun 2026 20:19:35 +0000 Solana-based decentralized exchange Raydium will repay the funds swiped in the $1.34 million exploit using its treasury. Blockchain/Decrypt https://Blockchain.News/news/blockchain-com-24-7-perpetuals-spacex-pre-ipo Wed, 10 Jun 2026 20:19:25 +0000 Blockchain.com launches 24/7 OTC perpetuals for institutions and a SpaceX pre-IPO contract, eyeing institutional growth ahead of its own IPO. (Read More) Blockchain/Blockchain_News https://cointelegraph.com/news/what-happened-in-crypto-today?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 20:13:00 +0000 Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation. Blockchain/Cointelegraph https://cointelegraph.com/news/what-happened-in-crypto-today?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 20:13:00 +0000 Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation. Blockchain/Cointelegraph https://www.newsbtc.com/breaking-news-ticker/raydium-dexs-amm-program-exploited-for-1-34-million-heres-what-went-wrong/ Wed, 10 Jun 2026 20:05:28 +0000 Raydium (RAY), a decentralized exchange on the Solana (SOL) blockchain, said Wednesday that it had suffered a $1.34 million exploit tied to its retired automated market maker, or AMM, V3 program. Raydium Pools Drained The protocol said the attacker removed about 150,000 RAY, 5,600 SOL, and nearly 900,000 of Circle’s USDC stablecoin from Raydium pools involving RAY-SOL, USDC-RAY, and SRM-RAY. Raydium attributed the compromise to a weakness in how the older AMM V3 handled liquidity provider (LP) mints. The platform said the vulnerability “stemmed from insufficient validation of the LP mints, which in practice allowed the attacker to bypass intended proportion checks. Related Reading: Prediction Markets’ Wild West Days May Be Over: CFTC Drafts Its First Major Framework According to the description of the mechanism, because the legacy AMM V3 program did not properly verify the LP mint address, an attacker was able to create a new mint and use it as the LP token, letting it evade the checks that were supposed to control how assets could be accounted for in the Raydium pools. The exchange emphasized that the affected AMM V3 program was no longer available through Raydium’s interface, explaining that the legacy AMM V3 program was phased out in 2021 and was effectively unreachable via Raydium’s current user tools. Funds Traced Across Two Blockchains Details on the alleged laundering trail were provided by PeckShield, which described how the attacker’s funds were initially funded via KuCoin and then bridged from Solana to Ethereum (ETH). Related Reading: Treasury Stablecoin Proposal Draws Major Warning From Hyperliquid Policy Center–Here’s Why PeckShield said that 810 ETH had already been sent to Tornado Cash, and that 7 ETH had been moved to FixedFloat, framing both moves as part of an active effort to launder the Raydium funds. In Raydium’s own breakdown of the exploit, the firm reiterated that its current programs were unaffected by the incident, and said it is in the middle of security review work on all mainnet programs by Raydium core contributors. Featured image created with OpenArt; chart from TradingView.com Blockchain/NewsBTC https://www.newsbtc.com/breaking-news-ticker/raydium-dexs-amm-program-exploited-for-1-34-million-heres-what-went-wrong/ Wed, 10 Jun 2026 20:05:28 +0000 Raydium (RAY), a decentralized exchange on the Solana (SOL) blockchain, said Wednesday that it had suffered a $1.34 million exploit tied to its retired automated market maker, or AMM, V3 program. Raydium Pools Drained The protocol said the attacker removed about 150,000 RAY, 5,600 SOL, and nearly 900,000 of Circles USDC stablecoin from Raydium pools involving RAY-SOL, USDC-RAY, and SRM-RAY. Raydium attributed the compromise to a weakness in how the older AMM V3 handled liquidity provider (LP) mints. The platform said the vulnerability stemmed from insufficient validation of the LP mints, which in practice allowed the attacker to bypass intended proportion checks. Related Reading: Prediction Markets Wild West Days May Be Over: CFTC Drafts Its First Major Framework According to the description of the mechanism, because the legacy AMM V3 program did not properly verify the LP mint address, an attacker was able to create a new mint and use it as the LP token, letting it evade the checks that were supposed to control how assets could be accounted for in the Raydium pools. The exchange emphasized that the affected AMM V3 program was no longer available through Raydiums interface, explaining that the legacy AMM V3 program was phased out in 2021 and was effectively unreachable via Raydiums current user tools. Funds Traced Across Two Blockchains Details on the alleged laundering trail were provided by PeckShield, which described how the attackers funds were initially funded via KuCoin and then bridged from Solana to Ethereum (ETH). Related Reading: Treasury Stablecoin Proposal Draws Major Warning From Hyperliquid Policy CenterHeres Why PeckShield said that 810 ETH had already been sent to Tornado Cash, and that 7 ETH had been moved to FixedFloat, framing both moves as part of an active effort to launder the Raydium funds. In Raydiums own breakdown of the exploit, the firm reiterated that its current programs were unaffected by the incident, and said it is in the middle of security review work on all mainnet programs by Raydium core contributors. Featured image created with OpenArt; chart from TradingView.com Blockchain/NewsBTC https://Blockchain.News/news/nvidia-halos-os-robotaxi-safety Wed, 10 Jun 2026 19:42:56 +0000 NVIDIA's Halos OS offers a safety-certified platform for Level 4 robotaxis, addressing key challenges in autonomous vehicle deployment. (Read More) Blockchain/Blockchain_News https://www.newsbtc.com/analysis/xrp/xrp-forms-channel-support/ Wed, 10 Jun 2026 19:30:34 +0000 XRP has entered one of its most uncomfortable technical zones in months. The cryptocurrency has now broken below a support base that had held since February, but the selloff has not yet turned into a collapse below $1. Instead, the daily chart shows the XRP price landing on a much older descending channel support that has guided it lower since August 2025. That leaves the cryptocurrency in a difficult position that shows the breakdown is real, but so is the possibility that the latest liquidation has simply carried XRP into a deeper support line that still gives bulls a chance. XRP Breaks February Support, But Finds A Lower Channel Floor Technical analysis of the daily XRP chart shows a clear loss of the straight support range that had held the market together since February. For months, XRP moved mostly sideways between $1.25 and $1.55, with buyers repeatedly stepping in each time the price returned to the lower boundary. Related Reading: The XRP Dream Has Changed: Why A Rally To $10 Could Happen Despite Disappointment That structure finally gave way in early June, and XRP fell within the range with a daily candle that pushed the price into $1.10. This move was accompanied by various on-chain signals dropping to bear levels and the XRP profit/loss ratio falling to its lowest levels since 2024. However, an interesting part of the price action is where the selloff stopped. XRP seems to have found support on the lower line of a broader descending channel that has been active since August 2025. This larger channel has contained nearly every major XRP move for months, and the latest liquidation wick landed almost exactly where buyers needed it to land to keep that bigger structure alive. Bulls Still Have A Chance According to crypto analyst Guy on the Earth, XRP finding support at this descending channel could be something or it could be nothing. In order for this move to mean something, the first level that matters is $1.10. A loss of $1.10 would weaken the channel-support argument. Therefore, the XRP price needs to hold above $1.10. So far, bulls are doing well to that effect, with XRP currently trading at $1.12 and an intraday high of $1.17. Related Reading: XRP Is Oversold On Every Time Frame, And This Could Be The Bullish Signal Everyone Is Waiting For The next upside level to watch is $1.27. That price level is important because it was close to the lower boundary of the February to May range before the breakdown. Former support often becomes resistance once price loses it, and a return to $1.27 would therefore be the first real test of whether XRP is only bouncing from oversold conditions or beginning to repair the damage from the breakdown. Crypto analyst Guy on the Earth believes XRP could soon put traders in a difficult position with a quick move toward $1.96, suggesting that the next major rally may arrive with explosive force after months of persistent downside. Featured image from Getty Images, chart from Tradingview.com Blockchain/NewsBTC https://www.newsbtc.com/analysis/xrp/xrp-forms-channel-support/ Wed, 10 Jun 2026 19:30:34 +0000 XRP has entered one of its most uncomfortable technical zones in months. The cryptocurrency has now broken below a support base that had held since February, but the selloff has not yet turned into a collapse below $1. Instead, the daily chart shows the XRP price landing on a much older descending channel support that has guided it lower since August 2025. That leaves the cryptocurrency in a difficult position that shows the breakdown is real, but so is the possibility that the latest liquidation has simply carried XRP into a deeper support line that still gives bulls a chance. XRP Breaks February Support, But Finds A Lower Channel Floor Technical analysis of the daily XRP chart shows a clear loss of the straight support range that had held the market together since February. For months, XRP moved mostly sideways between $1.25 and $1.55, with buyers repeatedly stepping in each time the price returned to the lower boundary. Related Reading: The XRP Dream Has Changed: Why A Rally To $10 Could Happen Despite Disappointment That structure finally gave way in early June, and XRP fell within the range with a daily candle that pushed the price into $1.10. This move was accompanied by various on-chain signals dropping to bear levels and the XRP profit/loss ratio falling to its lowest levels since 2024. However, an interesting part of the price action is where the selloff stopped. XRP seems to have found support on the lower line of a broader descending channel that has been active since August 2025. This larger channel has contained nearly every major XRP move for months, and the latest liquidation wick landed almost exactly where buyers needed it to land to keep that bigger structure alive. Bulls Still Have A Chance According to crypto analyst Guy on the Earth, XRP finding support at this descending channel could be something or it could be nothing. In order for this move to mean something, the first level that matters is $1.10. A loss of $1.10 would weaken the channel-support argument. Therefore, the XRP price needs to hold above $1.10. So far, bulls are doing well to that effect, with XRP currently trading at $1.12 and an intraday high of $1.17. Related Reading: XRP Is Oversold On Every Time Frame, And This Could Be The Bullish Signal Everyone Is Waiting For The next upside level to watch is $1.27. That price level is important because it was close to the lower boundary of the February to May range before the breakdown. Former support often becomes resistance once price loses it, and a return to $1.27 would therefore be the first real test of whether XRP is only bouncing from oversold conditions or beginning to repair the damage from the breakdown. Crypto analyst Guy on the Earth believes XRP could soon put traders in a difficult position with a quick move toward $1.96, suggesting that the next major rally may arrive with explosive force after months of persistent downside. Featured image from Getty Images, chart from Tradingview.com Blockchain/NewsBTC https://decrypt.co/370691/tether-nvidia-amazon-back-neura-robotics-1-4-billion-funding-round Wed, 10 Jun 2026 19:30:32 +0000 Stablecoin giant Tether led a massive Series C round for German robotics firm NEURA, which will embed crypto payment tools and edge AI. Blockchain/Decrypt https://decrypt.co/370691/tether-nvidia-amazon-back-neura-robotics-1-4-billion-funding-round Wed, 10 Jun 2026 19:30:32 +0000 Stablecoin giant Tether led a massive Series C round for German robotics firm NEURA, which will embed crypto payment tools and edge AI. Blockchain/Decrypt https://news.bitcoin.com/traders-watch-gold-crash-3-25-to-4120-after-may-cpi-confirms-4-2-inflation/ Wed, 10 Jun 2026 19:20:42 +0000 Gold dropped $138.60 on Wednesday as a hotter-than-expected May consumer price index (CPI) print erased any safe-haven premium built on Iran escalation fears, sending the metal to its lowest level in months. Gold and Silver Prices on June 10 At 1:08 p.m. EDT, gold bid at $4,120.10 per ounce, down 3.25% on the day. The […] Blockchain/Bitcoin_News https://news.bitcoin.com/traders-watch-gold-crash-3-25-to-4120-after-may-cpi-confirms-4-2-inflation/ Wed, 10 Jun 2026 19:20:42 +0000 Gold dropped $138.60 on Wednesday as a hotter-than-expected May consumer price index (CPI) print erased any safe-haven premium built on Iran escalation fears, sending the metal to its lowest level in months. Gold and Silver Prices on June 10 At 1:08 p.m. EDT, gold bid at $4,120.10 per ounce, down 3.25% on the day. The [] Blockchain/Bitcoin_News https://decrypt.co/370688/internet-furious-anthropic-claude-mythos-fable-5 Wed, 10 Jun 2026 19:17:27 +0000 Token burn, silent censorship, and a mandatory data grab—the biggest Claude release has become Anthropic's messiest. Blockchain/Decrypt https://decrypt.co/370688/internet-furious-anthropic-claude-mythos-fable-5 Wed, 10 Jun 2026 19:17:27 +0000 Token burn, silent censorship, and a mandatory data grabthe biggest Claude release has become Anthropic's messiest. Blockchain/Decrypt https://www.theblock.co/post/404324/elon-musks-spacex-ipo-could-become-bitcoins-latest-headwind?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 15:10:39 -0400 SpaceX setting aside up to 30% of IPO shares for retail investors could prompt investors to exit crypto assets like Bitcoin and Ethereum. Blockchain/The_Block https://www.theblock.co/post/404324/elon-musks-spacex-ipo-could-become-bitcoins-latest-headwind?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 15:10:39 -0400 SpaceX setting aside up to 30% of IPO shares for retail investors could prompt investors to exit crypto assets like Bitcoin and Ethereum. Blockchain/The_Block https://www.theblock.co/post/403982/solana-infrastructure-firm-helius-acquires-light-protocol-expand-onchain-privacy?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 14:58:51 -0400 The acquisition comes amid a moment of consolidation in the crypto industry and during a resurgent interest in onchain privacy. Blockchain/The_Block https://www.theblock.co/post/403982/solana-infrastructure-firm-helius-acquires-light-protocol-expand-onchain-privacy?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 14:58:51 -0400 The acquisition comes amid a moment of consolidation in the crypto industry and during a resurgent interest in onchain privacy. Blockchain/The_Block https://cointelegraph.com/news/uk-crypto-advocates-launch-campaign-against-banks-blocking-exchange-transfers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 18:55:00 +0000 Stand With Crypto UK says banks are restricting access to regulated exchanges even as policymakers seek to position the country as a hub for digital asset innovation. Blockchain/Cointelegraph https://cointelegraph.com/news/uk-crypto-advocates-launch-campaign-against-banks-blocking-exchange-transfers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 18:55:00 +0000 Stand With Crypto UK says banks are restricting access to regulated exchanges even as policymakers seek to position the country as a hub for digital asset innovation. Blockchain/Cointelegraph https://news.bitcoin.com/bitcoin-reclaims-62k-as-trump-strikes-iran-leaving-94m-in-trades-wiped-out/ Wed, 10 Jun 2026 18:50:56 +0000 Bitcoin reclaimed the $62,000 threshold on Wednesday, recovering from an intraday drop to $60,679 and driving the overall crypto market valuation to $2.21 trillion. Middle East Conflict Escalates Following Helicopter Downing Bitcoin on Wednesday appeared to shrug off overnight military exchanges between U.S. and Iranian forces, reclaiming the $62,000 level just hours after briefly slipping […] Blockchain/Bitcoin_News https://news.bitcoin.com/bitcoin-reclaims-62k-as-trump-strikes-iran-leaving-94m-in-trades-wiped-out/ Wed, 10 Jun 2026 18:50:56 +0000 Bitcoin reclaimed the $62,000 threshold on Wednesday, recovering from an intraday drop to $60,679 and driving the overall crypto market valuation to $2.21 trillion. Middle East Conflict Escalates Following Helicopter Downing Bitcoin on Wednesday appeared to shrug off overnight military exchanges between U.S. and Iranian forces, reclaiming the $62,000 level just hours after briefly slipping [] Blockchain/Bitcoin_News https://Blockchain.News/news/ai-maturity-legal-operations-insights Wed, 10 Jun 2026 18:49:31 +0000 Legal teams embracing AI maturity outpace peers by redesigning workflows and integrating tech deeply into operations. Key insights from Harvey webinar. (Read More) Blockchain/Blockchain_News https://cryptopotato.com/shotgun-fun-launches-as-the-first-trading-terminal-with-100-cashback/ Wed, 10 Jun 2026 18:46:19 +0000 [PRESS RELEASE – New York, United States, June 10th, 2026] Shotgun.fun, a new trading terminal, launches today with a model that returns every fee back to the trader, ending an industry standard that has quietly extracted billions. Every trade ever placed has made someone else money: not the market and not the protocol, but the […] Blockchain/CryptoPotato https://cryptopotato.com/shotgun-fun-launches-as-the-first-trading-terminal-with-100-cashback/ Wed, 10 Jun 2026 18:46:19 +0000 [PRESS RELEASE New York, United States, June 10th, 2026] Shotgun.fun, a new trading terminal, launches today with a model that returns every fee back to the trader, ending an industry standard that has quietly extracted billions. Every trade ever placed has made someone else money: not the market and not the protocol, but the [] Blockchain/CryptoPotato https://cryptopotato.com/nightrush-com-responds-to-the-ai-personalization-wave-reshaping-igaming-and-raises-the-bar/ Wed, 10 Jun 2026 18:46:02 +0000 [PRESS RELEASE – Norwich, United Kingdom, June 10th, 2026] Nightrush.com, an independent iGaming comparison and review platform, today announced a comprehensive restructuring of its editorial operations and platform revamp. The initiative responds directly to the widespread adoption of artificial intelligence (AI), machine learning, and adaptive personalization technologies by licensed operators, as well as the increasingly […] Blockchain/CryptoPotato https://cryptopotato.com/nightrush-com-responds-to-the-ai-personalization-wave-reshaping-igaming-and-raises-the-bar/ Wed, 10 Jun 2026 18:46:02 +0000 [PRESS RELEASE Norwich, United Kingdom, June 10th, 2026] Nightrush.com, an independent iGaming comparison and review platform, today announced a comprehensive restructuring of its editorial operations and platform revamp. The initiative responds directly to the widespread adoption of artificial intelligence (AI), machine learning, and adaptive personalization technologies by licensed operators, as well as the increasingly [] Blockchain/CryptoPotato https://news.bitcoin.com/trainwreckstv-hits-50-million-max-win-on-stake-exclusive-slot-in-record-payout/ Wed, 10 Jun 2026 18:45:02 +0000 Kick streamer Trainwreckstv has landed a $50 million max win on Coins and Cauldrons, a Stake-exclusive slot – a payout reported as the largest in online slot history, capping a session of half-million-dollar bonus buys. A $500,000 buy hits the 50,000x cap Tyler “Trainwreckstv” Niknam, one of the most prominent gambling streamers on Kick, hit […] Blockchain/Bitcoin_News https://news.bitcoin.com/trainwreckstv-hits-50-million-max-win-on-stake-exclusive-slot-in-record-payout/ Wed, 10 Jun 2026 18:45:02 +0000 Kick streamer Trainwreckstv has landed a $50 million max win on Coins and Cauldrons, a Stake-exclusive slot a payout reported as the largest in online slot history, capping a session of half-million-dollar bonus buys. A $500,000 buy hits the 50,000x cap Tyler Trainwreckstv Niknam, one of the most prominent gambling streamers on Kick, hit [] Blockchain/Bitcoin_News https://Blockchain.News/news/etoro-spacexai-tori-integration Wed, 10 Jun 2026 18:42:31 +0000 eToro's AI tool Tori now integrates SpaceXAI models to deliver real-time market sentiment, enhancing investment workflows for 40M+ users. (Read More) Blockchain/Blockchain_News https://cointelegraph.com/markets/can-bitcoin-avoid-another-sell-off-after-a-bank-of-japan-rate-hike?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 18:41:15 +0000 Bitcoin’s average price response to Bank of Japan rate hikes was a 22.5% sell-off. Will BOJ’s upcoming policy decision trigger another BTC price crash? Blockchain/Cointelegraph https://cointelegraph.com/markets/can-bitcoin-avoid-another-sell-off-after-a-bank-of-japan-rate-hike?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 18:41:15 +0000 Bitcoins average price response to Bank of Japan rate hikes was a 22.5% sell-off. Will BOJs upcoming policy decision trigger another BTC price crash? Blockchain/Cointelegraph https://decrypt.co/370675/ai-helped-people-spot-fake-news-made-them-worse-mit Wed, 10 Jun 2026 18:40:06 +0000 An MIT study found AI assistants improved misinformation detection in the moment, but appeared to weaken users' ability to spot falsehoods on their own. Blockchain/Decrypt https://decrypt.co/370675/ai-helped-people-spot-fake-news-made-them-worse-mit Wed, 10 Jun 2026 18:40:06 +0000 An MIT study found AI assistants improved misinformation detection in the moment, but appeared to weaken users' ability to spot falsehoods on their own. Blockchain/Decrypt https://Blockchain.News/news/claude-managed-agents-ai-deployment Wed, 10 Jun 2026 18:35:31 +0000 Anthropic's Claude Managed Agents enable rapid, secure deployment of AI agents in production environments, addressing scalability and security challenges. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/uk-crypto-group-bank-restrictions Wed, 10 Jun 2026 18:24:33 +0000 Stand With Crypto UK urges 286,000 members to challenge bank limits on crypto transfers, citing data showing 40% of transactions blocked or restricted. (Read More) Blockchain/Blockchain_News https://www.newsbtc.com/news/prediction-markets-wild-west-days-may-be-over-cftc-drafts-its-first-major-framework/ Wed, 10 Jun 2026 18:11:57 +0000 The US Commodity Futures Trading Commission (CFTC) has unveiled its first regulatory framework for prediction markets, releasing what it described as a proposed approach to governing the industry under American law. The plan, issued by the agency on Wednesday, would establish standards for certain types of wagering while leaving markets tied to elections and politics largely outside the category of activities that would trigger more intensive scrutiny. Where The Line Is Drawn The new proposal sets out how the agency would start determining whether a contract should be prohibited. Under the draft, the CFTC said it preliminarily views both sporting wagers and wagers involving games of chance and pure luck as falling under “gaming.” At the same time, it suggests that wagering on sports outcomes is likely not broadly contrary to the public interest, while staking money on gambling or games of pure luck likely would be. The framework further argues that prediction markets based on sports scores, price spreads, win-loss outcomes, tournament advancement, and similar data may serve a “price discovery” function and provide meaningful information. Related Reading: XRP May Reach $10 By 2027—But Bearish Conditions Could Push It Below $1, Expert Says Where the proposal draws sharper boundaries is with specific categories of sports-related betting. The CFTC indicated that wagering on player injury, fighting, children’s sports, officiating, or wagering structured in a way that could encourage cheating was unlikely to meet the public interest standard. The draft also addresses election-related contracts, noting that election wagers are “contests, not gaming,” and therefore fall outside the “enumerated activities” that would allow the CFTC to apply its 90-day review process to event contracts. The agency’s proposal also focuses heavily on how it would evaluate whether a contract crosses too far into areas like terrorism, war, or assassinations—topics that, the draft notes, domestically regulated exchanges have largely avoided offering. 45-Day Comment Period For Prediction Markets In its announcement, the CFTC acknowledged that the rules released Wednesday are “thin,” and said additional rulemaking about prediction markets could be introduced in the future. After Wednesday’s release, the proposed rule will undergo a 45-day public comment period. CFTC Chair Mike Selig emphasized the commission’s intent as it prepares for further steps in the rulemaking process. He said in a statement that the CFTC would protect the integrity of its regulated markets while still allowing “responsible innovation. Selig added that the new prediction markets proposal provides a durable and transparent framework for identifying the contracts Congress directed the agency to scrutinize, while also letting legitimate markets continue. Related Reading: Treasury Stablecoin Proposal Draws Major Warning From Hyperliquid Policy Center–Here’s Why Beyond defining the types of wagering that may fall on different sides of the line, the proposal lays out a step-by-step process for prohibitions. The CFTC would first determine whether the contract is actually tied to an event happening. It would then evaluate whether the event fits within the categories defined in the Commodity Exchange Act, and finally conduct a public interest analysis to decide whether the prediction markets’ contract should be banned or allowed. Featured image created with OpenArt; chart from TradingView.com Blockchain/NewsBTC https://www.newsbtc.com/news/prediction-markets-wild-west-days-may-be-over-cftc-drafts-its-first-major-framework/ Wed, 10 Jun 2026 18:11:57 +0000 The US Commodity Futures Trading Commission (CFTC) has unveiled its first regulatory framework for prediction markets, releasing what it described as a proposed approach to governing the industry under American law. The plan, issued by the agency on Wednesday, would establish standards for certain types of wagering while leaving markets tied to elections and politics largely outside the category of activities that would trigger more intensive scrutiny. Where The Line Is Drawn The new proposal sets out how the agency would start determining whether a contract should be prohibited. Under the draft, the CFTC said it preliminarily views both sporting wagers and wagers involving games of chance and pure luck as falling under gaming. At the same time, it suggests that wagering on sports outcomes is likely not broadly contrary to the public interest, while staking money on gambling or games of pure luck likely would be. The framework further argues that prediction markets based on sports scores, price spreads, win-loss outcomes, tournament advancement, and similar data may serve a price discovery function and provide meaningful information. Related Reading: XRP May Reach $10 By 2027But Bearish Conditions Could Push It Below $1, Expert Says Where the proposal draws sharper boundaries is with specific categories of sports-related betting. The CFTC indicated that wagering on player injury, fighting, childrens sports, officiating, or wagering structured in a way that could encourage cheating was unlikely to meet the public interest standard. The draft also addresses election-related contracts, noting that election wagers are contests, not gaming, and therefore fall outside the enumerated activities that would allow the CFTC to apply its 90-day review process to event contracts. The agencys proposal also focuses heavily on how it would evaluate whether a contract crosses too far into areas like terrorism, war, or assassinationstopics that, the draft notes, domestically regulated exchanges have largely avoided offering. 45-Day Comment Period For Prediction Markets In its announcement, the CFTC acknowledged that the rules released Wednesday are thin, and said additional rulemaking about prediction markets could be introduced in the future. After Wednesdays release, the proposed rule will undergo a 45-day public comment period. CFTC Chair Mike Selig emphasized the commissions intent as it prepares for further steps in the rulemaking process. He said in a statement that the CFTC would protect the integrity of its regulated markets while still allowing responsible innovation. Selig added that the new prediction markets proposal provides a durable and transparent framework for identifying the contracts Congress directed the agency to scrutinize, while also letting legitimate markets continue. Related Reading: Treasury Stablecoin Proposal Draws Major Warning From Hyperliquid Policy CenterHeres Why Beyond defining the types of wagering that may fall on different sides of the line, the proposal lays out a step-by-step process for prohibitions. The CFTC would first determine whether the contract is actually tied to an event happening. It would then evaluate whether the event fits within the categories defined in the Commodity Exchange Act, and finally conduct a public interest analysis to decide whether the prediction markets contract should be banned or allowed. Featured image created with OpenArt; chart from TradingView.com Blockchain/NewsBTC https://decrypt.co/370671/botanix-shut-down-bitcoin-layer-2-network-lack-defi-demand Wed, 10 Jun 2026 18:11:36 +0000 Botanix asked users to withdraw funds, disclosing plans to wind down its Bitcoin-based layer-2 network in July. Blockchain/Decrypt https://decrypt.co/370671/botanix-shut-down-bitcoin-layer-2-network-lack-defi-demand Wed, 10 Jun 2026 18:11:36 +0000 Botanix asked users to withdraw funds, disclosing plans to wind down its Bitcoin-based layer-2 network in July. Blockchain/Decrypt https://www.theblock.co/post/404316/cryptoquant-sees-bitcoin-bottom-near-53600-while-demand-remains-deeply-unfavorable?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 14:11:21 -0400 CryptoQuant sees bitcoin bottom near $53,600, its current realized price and a level that has historically marked bear market bottoms. Blockchain/The_Block https://www.theblock.co/post/404316/cryptoquant-sees-bitcoin-bottom-near-53600-while-demand-remains-deeply-unfavorable?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 14:11:21 -0400 CryptoQuant sees bitcoin bottom near $53,600, its current realized price and a level that has historically marked bear market bottoms. Blockchain/The_Block https://www.coindesk.com/markets/2026/06/10/blackrock-and-fidelity-are-quietly-turning-bitcoin-etfs-into-a-two-firm-market Wed, 10 Jun 2026 18:09:23 +0000 Blockchain/CoinDesk https://www.coindesk.com/markets/2026/06/10/blackrock-and-fidelity-are-quietly-turning-bitcoin-etfs-into-a-two-firm-market Wed, 10 Jun 2026 18:09:23 +0000 Blockchain/CoinDesk https://news.bitcoin.com/cryptoquant-whales-bought-60k-bitcoin-dip-whale-ratio/ Wed, 10 Jun 2026 18:05:26 +0000 Whales quietly scooped up bitcoin while retail investors panicked near the $60,000 mark, with Cryptoquant data showing the Exchange Whale Ratio spiking to 61.6% as large holders dominated buying. Whales Step In at $60,000 Whales quietly accumulated bitcoin while retail investors panicked near the $60,000 mark, according to crypto data intelligence firm Cryptoquant. The firm […] Blockchain/Bitcoin_News https://news.bitcoin.com/cryptoquant-whales-bought-60k-bitcoin-dip-whale-ratio/ Wed, 10 Jun 2026 18:05:26 +0000 Whales quietly scooped up bitcoin while retail investors panicked near the $60,000 mark, with Cryptoquant data showing the Exchange Whale Ratio spiking to 61.6% as large holders dominated buying. Whales Step In at $60,000 Whales quietly accumulated bitcoin while retail investors panicked near the $60,000 mark, according to crypto data intelligence firm Cryptoquant. The firm [] Blockchain/Bitcoin_News https://www.newsbtc.com/news/bitcoin/when-bitcoin-price-hit-200000/ Wed, 10 Jun 2026 18:00:20 +0000 The Bitcoin price could be on track to reach $200,000 within the next one to two years, according to crypto analyst @CryptoTice_. Backed by a long-term cycle chart, the analyst argues that Bitcoin is once again moving through a familiar historical pattern, placing the current phase in what he describes as a key accumulation zone ahead of a potential major rally. Bitcoin Price Path Points To 2027 Target The chart maps Bitcoin’s previous market cycles and outlines a potential path toward $200,000. Based on this projection, the target could be reached within 12 to 24 months from June 2026, placing it between mid-2027 and mid-2028, with 2027 appearing as the more probable timeframe. Related Reading: Analyst Charts Ethereum Long-Term Roadmap To $16,000 – There’s No Need To Panic To support this view, the analyst compares Bitcoin’s current setup with the cycle lows recorded in 2019 and 2022, both marked as “buy zones” that were followed by major rallies. The 2019 bottom preceded a climb to roughly $69,000, while the 2022 low eventually led to a surge toward $126,000. The analyst believes the latest correction fits the same pattern. After falling from around $126,000, Bitcoin rebounded near the $60,000 region, creating what he identifies as another accumulation zone. From there, the projection points to a recovery that ultimately pushes the Bitcoin price toward $200,000. The consistency of this structure forms the foundation of the forecast. In each cycle, Bitcoin experiences a sharp correction, spends time consolidating, and then enters a strong expansion phase. Although the percentage gains have become smaller with each cycle, the broader upward trend remains intact. Why The Crypto Analyst Sees A Rare Opportunity That historical pattern is also why @CryptoTice_ argues that the current market environment may offer a significant opportunity. According to the analyst, previous cycle bottoms were formed during periods of widespread uncertainty, before sentiment eventually shifted and prices moved higher. The chart reflects this view by projecting a gain of roughly 230% from the 2026 buy zone to the $200,000 target. While substantial, that increase is far below the explosive returns seen in Bitcoin’s earlier years, reflecting how the asset’s growth has gradually moderated as the market has matured and attracted greater institutional participation. Related Reading: Not $60,000: Analyst Reveals The Best Time To Actually Start Buying Bitcoin The forecast comes at a time when investors remain divided over Bitcoin’s next move. Some continue to focus on macroeconomic conditions, interest-rate expectations, and regulatory developments, while others see the recent pullback as another cycle correction that could eventually lead to new highs. For the crypto analyst, the most important factor is timing. His model suggests that the current phase may represent the final stage of accumulation before the next major advance begins. If Bitcoin continues to follow the structure shown in the chart, the path to $200,000 could unfold over the next 12 to 24 months, making 2027 a year worth watching closely. Featured image created with Dall.E, chart from Tradingview.com Blockchain/NewsBTC https://www.newsbtc.com/news/bitcoin/when-bitcoin-price-hit-200000/ Wed, 10 Jun 2026 18:00:20 +0000 The Bitcoin price could be on track to reach $200,000 within the next one to two years, according to crypto analyst @CryptoTice_. Backed by a long-term cycle chart, the analyst argues that Bitcoin is once again moving through a familiar historical pattern, placing the current phase in what he describes as a key accumulation zone ahead of a potential major rally. Bitcoin Price Path Points To 2027 Target The chart maps Bitcoins previous market cycles and outlines a potential path toward $200,000. Based on this projection, the target could be reached within 12 to 24 months from June 2026, placing it between mid-2027 and mid-2028, with 2027 appearing as the more probable timeframe. Related Reading: Analyst Charts Ethereum Long-Term Roadmap To $16,000 Theres No Need To Panic To support this view, the analyst compares Bitcoins current setup with the cycle lows recorded in 2019 and 2022, both marked as buy zones that were followed by major rallies. The 2019 bottom preceded a climb to roughly $69,000, while the 2022 low eventually led to a surge toward $126,000. The analyst believes the latest correction fits the same pattern. After falling from around $126,000, Bitcoin rebounded near the $60,000 region, creating what he identifies as another accumulation zone. From there, the projection points to a recovery that ultimately pushes the Bitcoin price toward $200,000. The consistency of this structure forms the foundation of the forecast. In each cycle, Bitcoin experiences a sharp correction, spends time consolidating, and then enters a strong expansion phase. Although the percentage gains have become smaller with each cycle, the broader upward trend remains intact. Why The Crypto Analyst Sees A Rare Opportunity That historical pattern is also why @CryptoTice_ argues that the current market environment may offer a significant opportunity. According to the analyst, previous cycle bottoms were formed during periods of widespread uncertainty, before sentiment eventually shifted and prices moved higher. The chart reflects this view by projecting a gain of roughly 230% from the 2026 buy zone to the $200,000 target. While substantial, that increase is far below the explosive returns seen in Bitcoins earlier years, reflecting how the assets growth has gradually moderated as the market has matured and attracted greater institutional participation. Related Reading: Not $60,000: Analyst Reveals The Best Time To Actually Start Buying Bitcoin The forecast comes at a time when investors remain divided over Bitcoins next move. Some continue to focus on macroeconomic conditions, interest-rate expectations, and regulatory developments, while others see the recent pullback as another cycle correction that could eventually lead to new highs. For the crypto analyst, the most important factor is timing. His model suggests that the current phase may represent the final stage of accumulation before the next major advance begins. If Bitcoin continues to follow the structure shown in the chart, the path to $200,000 could unfold over the next 12 to 24 months, making 2027 a year worth watching closely. Featured image created with Dall.E, chart from Tradingview.com Blockchain/NewsBTC https://www.coindesk.com/business/2026/06/10/over-280-000-uk-crypto-holders-kick-off-campaign-against-banks-blocking-transactions Wed, 10 Jun 2026 17:53:09 +0000 Blockchain/CoinDesk https://www.coindesk.com/business/2026/06/10/over-280-000-uk-crypto-holders-kick-off-campaign-against-banks-blocking-transactions Wed, 10 Jun 2026 17:53:09 +0000 Blockchain/CoinDesk https://decrypt.co/370663/bitcoin-getting-closer-bottom-demand-falling-cryptoquant Wed, 10 Jun 2026 17:47:40 +0000 Bitcoin's bear market might be nearing an end, analysts said, but individuals and institutions aren't lining up to buy the top crypto asset. Blockchain/Decrypt https://decrypt.co/370663/bitcoin-getting-closer-bottom-demand-falling-cryptoquant Wed, 10 Jun 2026 17:47:40 +0000 Bitcoin's bear market might be nearing an end, analysts said, but individuals and institutions aren't lining up to buy the top crypto asset. Blockchain/Decrypt https://cryptopotato.com/xrp-vs-eth-one-analyst-sees-a-clear-short-term-favorite/ Wed, 10 Jun 2026 17:33:27 +0000 A potential 30% drop in the XRP/ETH ratio could shift near-term preference back toward XRP, according to the current framework. Blockchain/CryptoPotato https://cryptopotato.com/xrp-vs-eth-one-analyst-sees-a-clear-short-term-favorite/ Wed, 10 Jun 2026 17:33:27 +0000 A potential 30% drop in the XRP/ETH ratio could shift near-term preference back toward XRP, according to the current framework. Blockchain/CryptoPotato https://cointelegraph.com/news/anchorage-backs-treasurys-genius-aml-rules-seeks-secondary-market-sanctions-clarity?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 17:20:02 +0000 A public comment letter argues that regulated stablecoin issuers need clearer compliance standards to avoid sanctions risks tied to secondary-market activity. Blockchain/Cointelegraph https://cointelegraph.com/news/anchorage-backs-treasurys-genius-aml-rules-seeks-secondary-market-sanctions-clarity?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 17:20:02 +0000 A public comment letter argues that regulated stablecoin issuers need clearer compliance standards to avoid sanctions risks tied to secondary-market activity. Blockchain/Cointelegraph https://www.theblock.co/post/404304/raydium-dex-1-34-million-exploit-retired-amm-program-treasury-cover-losses?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 13:07:20 -0400 The exploit drained roughly $1.34 million from five inactive Raydium liquidity pools, and impacted users will be compensated. Blockchain/The_Block https://www.theblock.co/post/404304/raydium-dex-1-34-million-exploit-retired-amm-program-treasury-cover-losses?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 13:07:20 -0400 The exploit drained roughly $1.34 million from five inactive Raydium liquidity pools, and impacted users will be compensated. Blockchain/The_Block https://www.theblock.co/post/404303/tether-leads-up-to-1-4-billion-round-in-robotics-firm-neura-plans-crypto-wallet-integration?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 13:05:01 -0400 Tether will also provide and "deploy" technology within the Neura robotics ecosystem, including a crypto wallet integration. Blockchain/The_Block https://www.theblock.co/post/404303/tether-leads-up-to-1-4-billion-round-in-robotics-firm-neura-plans-crypto-wallet-integration?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 13:05:01 -0400 Tether will also provide and "deploy" technology within the Neura robotics ecosystem, including a crypto wallet integration. Blockchain/The_Block https://decrypt.co/370527/7-factors-that-actually-matter-when-choosing-a-crypto-swap-platform Wed, 10 Jun 2026 17:01:03 +0000 With crypto swaps growing in popularity, the best crypto swap platforms are embracing speed, security, and asset availability. Blockchain/Decrypt https://decrypt.co/370527/7-factors-that-actually-matter-when-choosing-a-crypto-swap-platform Wed, 10 Jun 2026 17:01:03 +0000 With crypto swaps growing in popularity, the best crypto swap platforms are embracing speed, security, and asset availability. Blockchain/Decrypt https://decrypt.co/370660/mastercard-enables-ai-agent-payments-crypto-giants-coinbase-ripple Wed, 10 Jun 2026 16:50:47 +0000 Mastercard's Agent Pay for Machines is designed to let AI buy services and settle transactions using cards, bank accounts, and stablecoins. Blockchain/Decrypt https://decrypt.co/370660/mastercard-enables-ai-agent-payments-crypto-giants-coinbase-ripple Wed, 10 Jun 2026 16:50:47 +0000 Mastercard's Agent Pay for Machines is designed to let AI buy services and settle transactions using cards, bank accounts, and stablecoins. Blockchain/Decrypt https://news.bitcoin.com/botanix-pulls-plug-on-bitcoin-l2-after-4-years-as-fee-income-falls-short/ Wed, 10 Jun 2026 16:50:29 +0000 Bitcoin layer-two ( L2) network Botanix is winding down its operations after four years and has set a hard deadline of July 9, 2026, for users to withdraw their bitcoin and assets before remaining funds are permanently swept by the network’s federation. The Playbook Botanix Refused to Follow Bitcoin layer-two ( L2) network Botanix has […] Blockchain/Bitcoin_News https://news.bitcoin.com/botanix-pulls-plug-on-bitcoin-l2-after-4-years-as-fee-income-falls-short/ Wed, 10 Jun 2026 16:50:29 +0000 Bitcoin layer-two ( L2) network Botanix is winding down its operations after four years and has set a hard deadline of July 9, 2026, for users to withdraw their bitcoin and assets before remaining funds are permanently swept by the networks federation. The Playbook Botanix Refused to Follow Bitcoin layer-two ( L2) network Botanix has [] Blockchain/Bitcoin_News https://www.newsbtc.com/xrp-news/xrp-enters-traditional-banking/ Wed, 10 Jun 2026 16:30:01 +0000 The relationship between traditional banking and digital assets continues to evolve as SBI Shinsei Bank prepares to launch a pilot program to integrate blockchain-based solutions into its payment infrastructure. This initiative represents a unique step toward integrating cryptocurrency incentives into conventional banking products. A New Pathway For Banking Customers To Access XRP Japan SBI Shinsei Bank is preparing to introduce a new way for customers to interact with digital assets by allowing them to convert a portion of their deposit interest into cryptocurrency rewards, including XRP. According to RippleXity’s post, the pilot scheduled to launch on June 10 represents a notable step toward integrating crypto exposure directly into traditional banking products. Related Reading: Ripple Partner Thunes Unveils Development That Could Strengthen XRP’s Global Payment Narrative This will enable customers to access digital assets through their existing savings activities rather than through separate trading platforms. Under the reported framework, customers will continue to earn interest on their yen deposits as normal, but will have the option to convert approximately 20% of the interest into crypto vouchers. These vouchers can then be redeemed for assets such as Bitcoin, Ethereum, or XRP at real-time market rates at the moment of conversion. Furthermore, the pilot is launching on June 10, with a full rollout expected by autumn 2026. This initiative is built in SBI’s existing Hyper Deposit product and aligns with its broader digital asset strategy, including the anticipated launch of RLUSD in Japan. RippleXity argues that this development matters because SBI is one of Japan’s most powerful financial conglomerates and Ripple’s long-standing partner since 2012. Rather than requiring customers to use a separate crypto application, this model integrates XRP seamlessly into Japanese banking. Millions of users could gain passive exposure to XRP simply by holding funds in their bank accounts. In essence, SBI is not just offering crypto as an add-on service; it is incorporating XRP into the fundamental mechanics of saving money. Regulatory Clarity May Create New Opportunities For XRP Ledger The implementation of the GENIUS Act could mark a pivotal moment for XRP by significantly amplifying its real-world utility. An analyst known as SMQKE on X has revealed that the legislation introduces clear reserve requirements, structured licensing frameworks, and interoperability standards designed to integrate stablecoins. This move will introduce Ripple’s RLUSD into the core of mainstream financial systems while reducing systemic risk. Related Reading: XRP Ledger Targets Flash Loan Attacks With New DeFi Security Proposal SMQKE noted that for XRP, this regulatory clarity could amplify its utility since RLUSD transactions on the XRP Ledger already account for over 95% of stablecoin activity on the Ledger. As RLUSD adoption expands under a regulated framework, each transaction on the XRPL continues to rely on XRP as a fee payment mechanism. These fees contribute to a deflationary dynamic by permanently burning a small amount of XRP with every transaction. Featured image from Getty Images, chart from Tradingview.com Blockchain/NewsBTC https://www.newsbtc.com/xrp-news/xrp-enters-traditional-banking/ Wed, 10 Jun 2026 16:30:01 +0000 The relationship between traditional banking and digital assets continues to evolve as SBI Shinsei Bank prepares to launch a pilot program to integrate blockchain-based solutions into its payment infrastructure. This initiative represents a unique step toward integrating cryptocurrency incentives into conventional banking products. A New Pathway For Banking Customers To Access XRP Japan SBI Shinsei Bank is preparing to introduce a new way for customers to interact with digital assets by allowing them to convert a portion of their deposit interest into cryptocurrency rewards, including XRP. According to RippleXitys post, the pilot scheduled to launch on June 10 represents a notable step toward integrating crypto exposure directly into traditional banking products. Related Reading: Ripple Partner Thunes Unveils Development That Could Strengthen XRPs Global Payment Narrative This will enable customers to access digital assets through their existing savings activities rather than through separate trading platforms. Under the reported framework, customers will continue to earn interest on their yen deposits as normal, but will have the option to convert approximately 20% of the interest into crypto vouchers. These vouchers can then be redeemed for assets such as Bitcoin, Ethereum, or XRP at real-time market rates at the moment of conversion. Furthermore, the pilot is launching on June 10, with a full rollout expected by autumn 2026. This initiative is built in SBIs existing Hyper Deposit product and aligns with its broader digital asset strategy, including the anticipated launch of RLUSD in Japan. RippleXity argues that this development matters because SBI is one of Japans most powerful financial conglomerates and Ripples long-standing partner since 2012. Rather than requiring customers to use a separate crypto application, this model integrates XRP seamlessly into Japanese banking. Millions of users could gain passive exposure to XRP simply by holding funds in their bank accounts. In essence, SBI is not just offering crypto as an add-on service; it is incorporating XRP into the fundamental mechanics of saving money. Regulatory Clarity May Create New Opportunities For XRP Ledger The implementation of the GENIUS Act could mark a pivotal moment for XRP by significantly amplifying its real-world utility. An analyst known as SMQKE on X has revealed that the legislation introduces clear reserve requirements, structured licensing frameworks, and interoperability standards designed to integrate stablecoins. This move will introduce Ripples RLUSD into the core of mainstream financial systems while reducing systemic risk. Related Reading: XRP Ledger Targets Flash Loan Attacks With New DeFi Security Proposal SMQKE noted that for XRP, this regulatory clarity could amplify its utility since RLUSD transactions on the XRP Ledger already account for over 95% of stablecoin activity on the Ledger. As RLUSD adoption expands under a regulated framework, each transaction on the XRPL continues to rely on XRP as a fee payment mechanism. These fees contribute to a deflationary dynamic by permanently burning a small amount of XRP with every transaction. Featured image from Getty Images, chart from Tradingview.com Blockchain/NewsBTC https://www.coindesk.com/coindesk-indices/2026/06/10/crypto-long-and-short-who-answers-the-3am-call-when-defi-breaks Wed, 10 Jun 2026 16:20:10 +0000 Blockchain/CoinDesk https://www.coindesk.com/coindesk-indices/2026/06/10/crypto-long-and-short-who-answers-the-3am-call-when-defi-breaks Wed, 10 Jun 2026 16:20:10 +0000 Blockchain/CoinDesk https://www.coindesk.com/business/2026/06/10/netomi-ceo-says-usd5-trillion-ai-customer-experience-market-could-boost-stablecoin-demand Wed, 10 Jun 2026 16:17:18 +0000 Blockchain/CoinDesk https://www.coindesk.com/business/2026/06/10/netomi-ceo-says-usd5-trillion-ai-customer-experience-market-could-boost-stablecoin-demand Wed, 10 Jun 2026 16:17:18 +0000 Blockchain/CoinDesk https://cryptopotato.com/bitcoins-btc-on-chain-data-just-flashed-a-major-warning-sign/ Wed, 10 Jun 2026 16:11:28 +0000 Both Realized Cap and aSOPR are pointing to the same conclusion: capital is leaving the Bitcoin network while forced selling at a loss dominates market behavior. Blockchain/CryptoPotato https://cryptopotato.com/bitcoins-btc-on-chain-data-just-flashed-a-major-warning-sign/ Wed, 10 Jun 2026 16:11:28 +0000 Both Realized Cap and aSOPR are pointing to the same conclusion: capital is leaving the Bitcoin network while forced selling at a loss dominates market behavior. Blockchain/CryptoPotato https://www.coindesk.com/opinion/2026/06/10/the-quantum-clock-is-ticking-it-s-bitcoin-s-problem-not-ethereum-s Wed, 10 Jun 2026 16:07:00 +0000 Blockchain/CoinDesk https://www.coindesk.com/opinion/2026/06/10/the-quantum-clock-is-ticking-it-s-bitcoin-s-problem-not-ethereum-s Wed, 10 Jun 2026 16:07:00 +0000 Blockchain/CoinDesk https://www.coindesk.com/business/2026/06/10/mastercard-prepares-for-a-future-where-ai-agents-make-payments-with-latest-introduction Wed, 10 Jun 2026 16:00:54 +0000 Blockchain/CoinDesk https://www.coindesk.com/business/2026/06/10/mastercard-prepares-for-a-future-where-ai-agents-make-payments-with-latest-introduction Wed, 10 Jun 2026 16:00:54 +0000 Blockchain/CoinDesk https://cointelegraph.com/markets/bitcoin-rises-despite-us-inflation-hitting-3-year-high-where-will-btc-price-go?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 15:54:35 +0000 BTC's rebound shows signs of weakening under a string of technical resistance levels, raising the odds of a dip below $60,000 in June. Blockchain/Cointelegraph https://cointelegraph.com/markets/bitcoin-rises-despite-us-inflation-hitting-3-year-high-where-will-btc-price-go?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 15:54:35 +0000 BTC's rebound shows signs of weakening under a string of technical resistance levels, raising the odds of a dip below $60,000 in June. Blockchain/Cointelegraph https://www.theblock.co/post/404288/mastercard-agent-pay-machines-support-autonomous-ai-transactions-stablecoins?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 11:34:29 -0400 Mastercard's Agent Pay for Machines infrastructure will support high-volume, low-value payments by autonomous AI agents. Blockchain/The_Block https://www.theblock.co/post/404288/mastercard-agent-pay-machines-support-autonomous-ai-transactions-stablecoins?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 11:34:29 -0400 Mastercard's Agent Pay for Machines infrastructure will support high-volume, low-value payments by autonomous AI agents. Blockchain/The_Block https://www.theblock.co/post/404185/ethereum-fully-zero-knowledge-proof-based-protocol-3-to-5-years-joe-lubin?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 11:22:54 -0400 Ethereum needs infinite capacity to meet the infinite demands of being a World Computer, making L2s necessary, Joe Lubin said. Blockchain/The_Block https://www.theblock.co/post/404185/ethereum-fully-zero-knowledge-proof-based-protocol-3-to-5-years-joe-lubin?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 11:22:54 -0400 Ethereum needs infinite capacity to meet the infinite demands of being a World Computer, making L2s necessary, Joe Lubin said. Blockchain/The_Block https://www.theblock.co/post/404281/megaeth-mnx-pre-seed-funding-valuation-ai-focused-futures-exchange?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 11:22:54 -0400 MNX, a decentralized futures exchange focused on the AI economy, has raised $6.4 million in a pre-seed funding round. Blockchain/The_Block https://news.bitcoin.com/mastercards-ai-payment-debut-brings-coinbase-ripple-and-30-partners-into-agent-commerce/ Wed, 10 Jun 2026 15:04:54 +0000 Mastercard has launched Agent Pay for Machines, a new payment framework that allows AI agents to authorize, coordinate, and settle transactions across its global network. The launch includes more than 30 partners, including Coinbase, Ripple, Stripe, and Solana Foundation, as companies test commerce that operates continuously without traditional checkout processes. Mastercard Brings Agent Pay for [] Blockchain/Bitcoin_News https://www.newsbtc.com/news/bitcoin/bitcoin-is-headed-to-150000/ Wed, 10 Jun 2026 15:00:34 +0000 Crypto analyst Crypto Lens has predicted that the Bitcoin price could rally to a new all-time high (ATH) of $150,000. This came as he outlined four scenarios that will build toward this rally to a new ATH by next year. Bitcoin Price To Still Rally To $150,000 Amid These Four Scenarios In an X post, Crypto Lens predicted that the Bitcoin price would rally to $150,000 by February next year. This came as he noted that BTC is now hovering at the exact level where every bull trap ends. The analyst stated that next week, another bearish rejection will send BTC back to $43,000. The rally to $150,000 and drop to $43,000 is notably among the scenarios he outlined for BTC. Related Reading: This Bitcoin Chart Shows What To Expect For The Next 3 Months After Major Decision Point In the first scenario, Crypto Lens predicted the Bitcoin price would drop to $48,000 within a few days. This will be followed by a drop to $43,000 in July, which is the second scenario. In the third scenario, the analyst predicts that BTC will fall to $32,000 by September. He described this level as the buy zone, signaling that the leading crypto is likely to bottom around here in this bear cycle. Meanwhile, under the fourth scenario, Crypto Lens predicts that the Bitcoin price will rally to $150,000 by February as a new bull run begins. In another X post, the analyst said that the bear market is 53% done and that BTC has entered the final stage of the 2026 bear market. He also signaled that the cycle bottom will likely happen between August and September, with BTC falling to as low as $32,000. BTC Bottom Likely To Form In The Fourth Quarter In an X post, crypto analyst Colin said that a Q4 bottom for the Bitcoin price is even more likely now that BTC did not have a strong dip immediately. The analyst was referring to market expert Benjamin Cowen’s assessment, in which he noted that BTC closed the week above the 200W SMA after sweeping the February low of $60,000. Related Reading: Bitcoin Crash Says Liquidity Is Dying As May Job Report Comes Back With Staggering Numbers Colin stated that, based on this Bitcoin price action, BTC is likely to bounce for 1 to 3 months and then drop to a new low in the fourth quarter. As such, Q4 has high odds of being the cycle bottom, with a lower low. However, he added that if the Bitcoin price suddenly breaks below the 200-week MA in the coming week or two, then it is likely to form the bottom on this move down. At the time of writing, the Bitcoin price is trading at around $61,200, down over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com Blockchain/NewsBTC https://www.newsbtc.com/news/bitcoin/bitcoin-is-headed-to-150000/ Wed, 10 Jun 2026 15:00:34 +0000 Crypto analyst Crypto Lens has predicted that the Bitcoin price could rally to a new all-time high (ATH) of $150,000. This came as he outlined four scenarios that will build toward this rally to a new ATH by next year. Bitcoin Price To Still Rally To $150,000 Amid These Four Scenarios In an X post, Crypto Lens predicted that the Bitcoin price would rally to $150,000 by February next year. This came as he noted that BTC is now hovering at the exact level where every bull trap ends. The analyst stated that next week, another bearish rejection will send BTC back to $43,000. The rally to $150,000 and drop to $43,000 is notably among the scenarios he outlined for BTC. Related Reading: This Bitcoin Chart Shows What To Expect For The Next 3 Months After Major Decision Point In the first scenario, Crypto Lens predicted the Bitcoin price would drop to $48,000 within a few days. This will be followed by a drop to $43,000 in July, which is the second scenario. In the third scenario, the analyst predicts that BTC will fall to $32,000 by September. He described this level as the buy zone, signaling that the leading crypto is likely to bottom around here in this bear cycle. Meanwhile, under the fourth scenario, Crypto Lens predicts that the Bitcoin price will rally to $150,000 by February as a new bull run begins. In another X post, the analyst said that the bear market is 53% done and that BTC has entered the final stage of the 2026 bear market. He also signaled that the cycle bottom will likely happen between August and September, with BTC falling to as low as $32,000. BTC Bottom Likely To Form In The Fourth Quarter In an X post, crypto analyst Colin said that a Q4 bottom for the Bitcoin price is even more likely now that BTC did not have a strong dip immediately. The analyst was referring to market expert Benjamin Cowens assessment, in which he noted that BTC closed the week above the 200W SMA after sweeping the February low of $60,000. Related Reading: Bitcoin Crash Says Liquidity Is Dying As May Job Report Comes Back With Staggering Numbers Colin stated that, based on this Bitcoin price action, BTC is likely to bounce for 1 to 3 months and then drop to a new low in the fourth quarter. As such, Q4 has high odds of being the cycle bottom, with a lower low. However, he added that if the Bitcoin price suddenly breaks below the 200-week MA in the coming week or two, then it is likely to form the bottom on this move down. At the time of writing, the Bitcoin price is trading at around $61,200, down over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com Blockchain/NewsBTC https://www.theblock.co/post/404272/fold-discloses-45-million-bitcoin-sale-pays-off-collateralized-debt-in-full-shares-surge-160?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 11:00:14 -0400 Fold Holdings shares surged over 70% as the bitcoin fintech firm paid off its collaterized debt in full through a $45 million bitcoin sale. Blockchain/The_Block https://www.theblock.co/post/404272/fold-discloses-45-million-bitcoin-sale-pays-off-collateralized-debt-in-full-shares-surge-160?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 11:00:14 -0400 Fold Holdings shares surged over 70% as the bitcoin fintech firm paid off its collaterized debt in full through a $45 million bitcoin sale. Blockchain/The_Block https://cointelegraph.com/news/onchain-gambling-market-pullback-trm-labs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 15:00:00 +0000 TRM Labs said onchain gambling reached $51 billion in 2025, with repeat users and stablecoin flows helping the sector remain resilient during a broader crypto market pullback. Blockchain/Cointelegraph https://cointelegraph.com/features/ai-deepfake-election-ad-in-minnesota-raises-transparency-concerns?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 15:00:00 +0000 A deepfake campaign attack ad in the US state of Minnesota has raised questions around the ethics of using AI in political ads and the regulations surround AI use. Blockchain/Cointelegraph https://cointelegraph.com/news/onchain-gambling-market-pullback-trm-labs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 15:00:00 +0000 TRM Labs said onchain gambling reached $51 billion in 2025, with repeat users and stablecoin flows helping the sector remain resilient during a broader crypto market pullback. Blockchain/Cointelegraph https://cointelegraph.com/features/ai-deepfake-election-ad-in-minnesota-raises-transparency-concerns?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 15:00:00 +0000 A deepfake campaign attack ad in the US state of Minnesota has raised questions around the ethics of using AI in political ads and the regulations surround AI use. Blockchain/Cointelegraph https://cryptopotato.com/why-hyperliquid-hype-could-be-headed-for-a-much-bigger-correction/ Wed, 10 Jun 2026 14:54:23 +0000 Despite the predicted downfall, one analyst labeled HYPE as one of the best altcoins investors can hold for the long term. Blockchain/CryptoPotato https://cryptopotato.com/why-hyperliquid-hype-could-be-headed-for-a-much-bigger-correction/ Wed, 10 Jun 2026 14:54:23 +0000 Despite the predicted downfall, one analyst labeled HYPE as one of the best altcoins investors can hold for the long term. Blockchain/CryptoPotato https://www.coindesk.com/markets/2026/06/10/kalshi-now-requires-users-to-reveal-employers-as-it-fights-insider-trading-and-market-manipulation Wed, 10 Jun 2026 14:49:43 +0000 Blockchain/CoinDesk https://www.coindesk.com/markets/2026/06/10/kalshi-now-requires-users-to-reveal-employers-as-it-fights-insider-trading-and-market-manipulation Wed, 10 Jun 2026 14:49:43 +0000 Blockchain/CoinDesk https://decrypt.co/370649/bitcoin-ethereum-resume-rebound-inflation-hits-3-year-high Wed, 10 Jun 2026 14:46:07 +0000 The reading likely supports restrictive monetary policy. Blockchain/Decrypt https://decrypt.co/370649/bitcoin-ethereum-resume-rebound-inflation-hits-3-year-high Wed, 10 Jun 2026 14:46:07 +0000 The reading likely supports restrictive monetary policy. Blockchain/Decrypt https://cointelegraph.com/news/robinhood-secures-underwriter-status-crypto-front-mega-ipo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 14:33:37 +0000 Robinhood’s new IPO underwriter role comes as SpaceX prepares a record-breaking public offering, with retail brokers and crypto-native derivatives platforms racing to shape price discovery and access. Blockchain/Cointelegraph https://cointelegraph.com/news/robinhood-secures-underwriter-status-crypto-front-mega-ipo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 14:33:37 +0000 Robinhoods new IPO underwriter role comes as SpaceX prepares a record-breaking public offering, with retail brokers and crypto-native derivatives platforms racing to shape price discovery and access. Blockchain/Cointelegraph https://news.bitcoin.com/cftc-chairman-selig-backs-prediction-markets-with-new-case-by-case-framework/ Wed, 10 Jun 2026 14:30:24 +0000 The U.S. Commodity Futures Trading Commission (CFTC) published a Notice of Proposed Rulemaking on Wednesday, laying out a structured, contract-by-contract review process for event contracts that may involve terrorism, war, gaming, or other restricted activities under federal law. The move replaces an approach that prior CFTC leadership had tried and failed to advance. In 2024, [] Blockchain/Bitcoin_News https://decrypt.co/370648/fold-shares-jump-bitcoin-fintech-sells-45-million-btc-wipes-out-debt Wed, 10 Jun 2026 14:21:23 +0000 Publicly traded Fold sold Bitcoin holdings to restructure its balance sheet, fueling a stock surge on Wednesday morning. Blockchain/Decrypt https://decrypt.co/370648/fold-shares-jump-bitcoin-fintech-sells-45-million-btc-wipes-out-debt Wed, 10 Jun 2026 14:21:23 +0000 Publicly traded Fold sold Bitcoin holdings to restructure its balance sheet, fueling a stock surge on Wednesday morning. Blockchain/Decrypt https://cointelegraph.com/news/crypto-outflows-sentiment-shock-structural-crisis-coinshares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 14:08:44 +0000 CoinShares’ James Butterfill said recent crypto outflows reflect a macro-driven sentiment shock, while other analysts warned Bitcoin’s rebound may remain fragile. Blockchain/Cointelegraph https://cointelegraph.com/news/crypto-outflows-sentiment-shock-structural-crisis-coinshares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 14:08:44 +0000 CoinShares James Butterfill said recent crypto outflows reflect a macro-driven sentiment shock, while other analysts warned Bitcoins rebound may remain fragile. Blockchain/Cointelegraph https://cointelegraph.com/news/pyth-24-7-pricing-indices-tokenized-stocks-commodities?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 14:00:00 +0000 Coinbase, Kraken and dYdX are adopting Pyth's new indexes, which provide continuous pricing for US stocks, gold and oil outside market hours. Blockchain/Cointelegraph https://cointelegraph.com/news/pyth-24-7-pricing-indices-tokenized-stocks-commodities?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 14:00:00 +0000 Coinbase, Kraken and dYdX are adopting Pyth's new indexes, which provide continuous pricing for US stocks, gold and oil outside market hours. Blockchain/Cointelegraph https://www.coindesk.com/policy/2026/06/10/prediction-markets-get-first-u-s-rule-proposal-as-cftc-proposes-contract-reviews Wed, 10 Jun 2026 13:58:41 +0000 Blockchain/CoinDesk https://www.coindesk.com/policy/2026/06/10/prediction-markets-get-first-u-s-rule-proposal-as-cftc-proposes-contract-reviews Wed, 10 Jun 2026 13:58:41 +0000 Blockchain/CoinDesk https://www.coindesk.com/markets/2026/06/10/michael-saylor-in-x-back-and-forth-over-claims-strategy-s-latest-share-sale-was-dilutive Wed, 10 Jun 2026 13:56:41 +0000 Blockchain/CoinDesk https://www.coindesk.com/markets/2026/06/10/michael-saylor-in-x-back-and-forth-over-claims-strategy-s-latest-share-sale-was-dilutive Wed, 10 Jun 2026 13:56:41 +0000 Blockchain/CoinDesk https://decrypt.co/370638/delaware-advances-bill-to-ban-predatory-bitcoin-atms Wed, 10 Jun 2026 13:52:31 +0000 Lawmakers have advanced legislation that would ban all cryptocurrency kiosks statewide, with physical removal mandated within 90 days. Blockchain/Decrypt https://decrypt.co/370638/delaware-advances-bill-to-ban-predatory-bitcoin-atms Wed, 10 Jun 2026 13:52:31 +0000 Lawmakers have advanced legislation that would ban all cryptocurrency kiosks statewide, with physical removal mandated within 90 days. Blockchain/Decrypt https://www.theblock.co/post/404255/benchmark-securitize-positive-outlier-sets-16-target-nyse-listing-nears?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 09:49:12 -0400 Benchmark reiterates Buy on Securitize with $16 target as the company's planned NYSE listing moves into final stages. Blockchain/The_Block https://www.theblock.co/post/404255/benchmark-securitize-positive-outlier-sets-16-target-nyse-listing-nears?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 09:49:12 -0400 Benchmark reiterates Buy on Securitize with $16 target as the company's planned NYSE listing moves into final stages. Blockchain/The_Block https://cryptopotato.com/is-bitcoin-btc-cheap-now-grayscale-flags-major-buying-opportunity/ Wed, 10 Jun 2026 13:47:06 +0000 Bitcoin may not be as cheap as during the FTX collapse, but Grayscale still sees an opportunity for long-term investors now. Blockchain/CryptoPotato https://cryptopotato.com/is-bitcoin-btc-cheap-now-grayscale-flags-major-buying-opportunity/ Wed, 10 Jun 2026 13:47:06 +0000 Bitcoin may not be as cheap as during the FTX collapse, but Grayscale still sees an opportunity for long-term investors now. Blockchain/CryptoPotato https://www.theblock.co/post/404258/cftc-unveils-sweeping-rule-proposal-fast-growing-prediction-markets?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 09:46:24 -0400 The CFTC proposed new rules for burgeoning prediction markets that delineate what bets would be allowed under federal law. Blockchain/The_Block https://www.theblock.co/post/404258/cftc-unveils-sweeping-rule-proposal-fast-growing-prediction-markets?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 09:46:24 -0400 The CFTC proposed new rules for burgeoning prediction markets that delineate what bets would be allowed under federal law. Blockchain/The_Block https://news.bitcoin.com/trump-warns-iran-will-pay-the-price-as-gas-prices-jump-40-and-inflation-hits-3-year-high/ Wed, 10 Jun 2026 13:38:51 +0000 The U.S. Bureau of Labor Statistics reported Wednesday that May 2026 headline consumer price inflation climbed to 4.2% year-over-year, the hottest reading since April 2023, driven almost entirely by a war-linked energy spike as President Donald Trump escalated rhetoric against Iran on the same morning. Inflation Accelerates for Third Straight Month The May CPI print, [] Blockchain/Bitcoin_News https://www.theblock.co/post/404243/ripple-launches-toolkit-for-agentic-payments-on-xrpl?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 09:32:08 -0400 A growing number of companies, including Ripple, want to create payment rails which would AI agents to execute transactions with limited human involvement. Blockchain/The_Block https://www.newsbtc.com/news/dogecoin/dogecoin-one-step-29000-rally/ Wed, 10 Jun 2026 13:30:21 +0000 Dogecoin is trading at $0.085 in early June 2026, which is about 88% below its all-time high but deep inside what one analyst believes is the most important technical setup the meme coin has seen since its pre-2021 launch sequence. The difference this time, however, is that the crypto market is no longer dealing with the same small meme coin from the last cycle but with a larger asset sitting in a different liquidity environment. Dogecoin Repeats Its Old Monthly Structure Technical analysis of Dogecoin’s price action on the monthly candlestick timeframe chart is showing evidence that the meme coin may be repeating the same long-cycle pattern that played out between 2014 and 2017 before the massive 2021 rally. The comparison, which was done by crypto analyst Trader Tardigrade, compares two major Dogecoin cycles, with both showing a long consolidation phase, a falling wedge, and then a breakout attempt. Related Reading: Bad News For Bitcoin: Historical Lows Show The Bottom Actually Lies Below $30,000 In the first cycle, Dogecoin spent years grinding through a wide downtrend wedge range between 2016 and early 2017 after its previous crash in 2014. After that, the price then entered the parabolic phase that eventually carried DOGE into its 2021 top. Dogecoin began 2021 trading at less than one cent, somewhere around $0.004. By reaching its all-time high in May 2021, Dogecoin saw an increase of over 18,000% in just five months. However, that completed structure produced a rally of about 29,000% from the 2015 low. The current structure, drawn from the 2021 peak into 2026, appears to be following the same sequence. Dogecoin first entered a broad post-bull-market decline after 2021 that ended in 2023, and is now trading inside another falling wedge compression on the monthly timeframe. The dotted projection on the chart predicts that a breakout from this structure could lead to a much larger expansion phase later in the cycle. Dogecoin Price Chart. Source: @TATrader_Alan On X What A Completed Pattern Would Mean For Dogecoin The optimistic case in this technical analysis depends on how Dogecoin reacts with the falling wedge. If Dogecoin breaks out of the monthly falling wedge, then the comparison to 2021 will have more significance. Related Reading: Institutions Are Loading Up On XRP, But Liquidity Tells A Different Story The projection on the chart by Trader Tardigrade maps a potential move that starts with a rally above the current range, then a pullback, and later a far larger parabolic rally into the end of the decade. The projected arc ascends to the $3 to $5 range, a possible rejection back below $1, and then a rally to triple digits, which is consistent with what a 29,000% move from current price levels would produce. Repeating that kind of rally would require far deeper inflows than the previous cycle, but Dogecoin now has a stronger environment of utility and avenues for institutional inflows. For instance, House of Doge and MoonPay recently announced their partnership to enable DOGE payments across over 6,000 merchants, and possible Spot Dogecoin ETF inflows are another institutional facilitator. Featured image created with Dall.E, chart from Tradingview.com Blockchain/NewsBTC https://www.newsbtc.com/news/dogecoin/dogecoin-one-step-29000-rally/ Wed, 10 Jun 2026 13:30:21 +0000 Dogecoin is trading at $0.085 in early June 2026, which is about 88% below its all-time high but deep inside what one analyst believes is the most important technical setup the meme coin has seen since its pre-2021 launch sequence. The difference this time, however, is that the crypto market is no longer dealing with the same small meme coin from the last cycle but with a larger asset sitting in a different liquidity environment. Dogecoin Repeats Its Old Monthly Structure Technical analysis of Dogecoins price action on the monthly candlestick timeframe chart is showing evidence that the meme coin may be repeating the same long-cycle pattern that played out between 2014 and 2017 before the massive 2021 rally. The comparison, which was done by crypto analyst Trader Tardigrade, compares two major Dogecoin cycles, with both showing a long consolidation phase, a falling wedge, and then a breakout attempt. Related Reading: Bad News For Bitcoin: Historical Lows Show The Bottom Actually Lies Below $30,000 In the first cycle, Dogecoin spent years grinding through a wide downtrend wedge range between 2016 and early 2017 after its previous crash in 2014. After that, the price then entered the parabolic phase that eventually carried DOGE into its 2021 top. Dogecoin began 2021 trading at less than one cent, somewhere around $0.004. By reaching its all-time high in May 2021, Dogecoin saw an increase of over 18,000% in just five months. However, that completed structure produced a rally of about 29,000% from the 2015 low. The current structure, drawn from the 2021 peak into 2026, appears to be following the same sequence. Dogecoin first entered a broad post-bull-market decline after 2021 that ended in 2023, and is now trading inside another falling wedge compression on the monthly timeframe. The dotted projection on the chart predicts that a breakout from this structure could lead to a much larger expansion phase later in the cycle. Dogecoin Price Chart. Source: @TATrader_Alan On X What A Completed Pattern Would Mean For Dogecoin The optimistic case in this technical analysis depends on how Dogecoin reacts with the falling wedge. If Dogecoin breaks out of the monthly falling wedge, then the comparison to 2021 will have more significance. Related Reading: Institutions Are Loading Up On XRP, But Liquidity Tells A Different Story The projection on the chart by Trader Tardigrade maps a potential move that starts with a rally above the current range, then a pullback, and later a far larger parabolic rally into the end of the decade. The projected arc ascends to the $3 to $5 range, a possible rejection back below $1, and then a rally to triple digits, which is consistent with what a 29,000% move from current price levels would produce. Repeating that kind of rally would require far deeper inflows than the previous cycle, but Dogecoin now has a stronger environment of utility and avenues for institutional inflows. For instance, House of Doge and MoonPay recently announced their partnership to enable DOGE payments across over 6,000 merchants, and possible Spot Dogecoin ETF inflows are another institutional facilitator. Featured image created with Dall.E, chart from Tradingview.com Blockchain/NewsBTC https://cointelegraph.com/markets/bitcoin-price-may-slip-under-30k-as-institutions-dump-450-of-daily-btc-supply?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 13:11:03 +0000 Bitcoin’s institutional support weakened as ETFs and companies dumped almost 2,000 BTC daily and Strategy’s buying lost momentum. Blockchain/Cointelegraph https://cointelegraph.com/markets/bitcoin-price-may-slip-under-30k-as-institutions-dump-450-of-daily-btc-supply?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 13:11:03 +0000 Bitcoins institutional support weakened as ETFs and companies dumped almost 2,000 BTC daily and Strategys buying lost momentum. Blockchain/Cointelegraph https://www.theblock.co/post/404144/curve-launches-llamalend-v2-first-optimism-supported-250000-op-token-grant?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 09:05:02 -0400 Llamalend v2 now supports markets for multiple collateral and borrow assets beyond crvUSD and introduces LlamaRisk as a market curator. Blockchain/The_Block https://www.theblock.co/post/404144/curve-launches-llamalend-v2-first-optimism-supported-250000-op-token-grant?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 09:05:02 -0400 Llamalend v2 now supports markets for multiple collateral and borrow assets beyond crvUSD and introduces LlamaRisk as a market curator. Blockchain/The_Block https://decrypt.co/370578/solana-sponsors-world-series-poker-crypto-entry-fees-payouts Wed, 10 Jun 2026 13:01:20 +0000 Players can now enter World Series of Poker tournaments with SOL or stablecoins, with Solana branding to be prominent at events. Blockchain/Decrypt https://decrypt.co/370578/solana-sponsors-world-series-poker-crypto-entry-fees-payouts Wed, 10 Jun 2026 13:01:20 +0000 Players can now enter World Series of Poker tournaments with SOL or stablecoins, with Solana branding to be prominent at events. Blockchain/Decrypt https://decrypt.co/370479/myriad-taps-chainlink-to-power-fifa-world-cup-prediction-markets Wed, 10 Jun 2026 13:01:04 +0000 The integration builds on Myriad’s use of the Chainlink Runtime Environment to power its prediction market infrastructure. Blockchain/Decrypt https://decrypt.co/370479/myriad-taps-chainlink-to-power-fifa-world-cup-prediction-markets Wed, 10 Jun 2026 13:01:04 +0000 The integration builds on Myriads use of the Chainlink Runtime Environment to power its prediction market infrastructure. Blockchain/Decrypt https://www.theblock.co/post/404238/pyth-launches-24-7-proprietary-indices-for-us-equities-oil-and-metals?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 09:00:00 -0400 Pyth is aggregating data from onchain and offchain sources to provide continuous price discovery for major equities and commodities. Blockchain/The_Block https://www.coindesk.com/tech/2026/06/09/world-series-of-poker-adds-solana-payments-for-tournament-buy-ins Wed, 10 Jun 2026 13:00:00 +0000 Blockchain/CoinDesk https://www.theblock.co/post/404238/pyth-launches-24-7-proprietary-indices-for-us-equities-oil-and-metals?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 09:00:00 -0400 Pyth is aggregating data from onchain and offchain sources to provide continuous price discovery for major equities and commodities. Blockchain/The_Block https://www.coindesk.com/tech/2026/06/09/world-series-of-poker-adds-solana-payments-for-tournament-buy-ins Wed, 10 Jun 2026 13:00:00 +0000 Blockchain/CoinDesk https://www.theblock.co/post/404237/in-the-shadow-of-geopolitics-and-ai-bitcoin-hovers-near-cycle-lows-as-etf-outflows-and-rate-fears-deepen-worst-stretch-of-2026?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 08:49:54 -0400 Bitcoin trades near $61,000 as geopolitics, inflation fears, and ETF outflows weigh on markets amid debate over a possible bottom. Blockchain/The_Block https://www.theblock.co/post/404237/in-the-shadow-of-geopolitics-and-ai-bitcoin-hovers-near-cycle-lows-as-etf-outflows-and-rate-fears-deepen-worst-stretch-of-2026?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 08:49:54 -0400 Bitcoin trades near $61,000 as geopolitics, inflation fears, and ETF outflows weigh on markets amid debate over a possible bottom. Blockchain/The_Block https://decrypt.co/370624/morning-minute-crypto-falls-amidst-war-escalation-and-mythos-release Wed, 10 Jun 2026 12:48:57 +0000 Markets sold off ahead of CPI. Crypto tax bills hit a wall in the House. And Morpho closed one of the biggest DeFi rounds in a long time. Blockchain/Decrypt https://decrypt.co/370624/morning-minute-crypto-falls-amidst-war-escalation-and-mythos-release Wed, 10 Jun 2026 12:48:57 +0000 Markets sold off ahead of CPI. Crypto tax bills hit a wall in the House. And Morpho closed one of the biggest DeFi rounds in a long time. Blockchain/Decrypt https://www.coindesk.com/markets/2026/06/10/u-s-inflation-meets-expectations-reinforcing-fed-s-higher-for-longer-stance Wed, 10 Jun 2026 12:42:24 +0000 Blockchain/CoinDesk https://www.coindesk.com/markets/2026/06/10/u-s-inflation-meets-expectations-reinforcing-fed-s-higher-for-longer-stance Wed, 10 Jun 2026 12:42:24 +0000 Blockchain/CoinDesk https://www.coinspeaker.com/trump-world-liberty-financial-clarity-act-integrity-gaps/ Wed, 10 Jun 2026 12:32:58 +0000 World Liberty Financial $500M Deal: CLARITY Act Risks The post Trump’s $500M World Liberty Deal Exposes CLARITY Act Integrity Gaps appeared first on Coinspeaker . Blockchain/CoinSpeaker https://www.coinspeaker.com/trump-world-liberty-financial-clarity-act-integrity-gaps/ Wed, 10 Jun 2026 12:32:58 +0000 World Liberty Financial $500M Deal: CLARITY Act Risks The post Trumps $500M World Liberty Deal Exposes CLARITY Act Integrity Gaps appeared first on Coinspeaker . Blockchain/CoinSpeaker https://www.newsbtc.com/bitcoin-news/every-time-this-bitcoin-metric-crossed-this-level-the-market-bottomed-it-just-happened-again/ Wed, 10 Jun 2026 12:29:05 +0000 Bitcoin closed the week of June 5 with a nearly 20% decline — its sharpest single-week drop since the FTX collapse in November 2022 — but on-chain analyst Ali Martinez is pushing back against the prevailing fear, arguing in a technical post on X that the market is approaching a major macro accumulation cycle rather than the beginning of a deeper structural breakdown. Related Reading: The Bitcoin Rally Has A Problem: Demand Is Drying Up Martinez’s case rests on a convergence of on-chain metrics that have historically accompanied market bottoms rather than preceded further selling. Bitcoin’s decline to $59,000 — its lowest level since 2024 — flushed out what he describes as “overleveraged premiums” across the board, per his X post. That kind of forced deleveraging, he argues, is typically what creates the conditions for a genuine bottom rather than a temporary bounce. BTC's price trends to the downside on the daily chart. Source: BTCUSD on Tradingview The Bitcoin Metrics Behind The Call Two data points sit at the center of Martinez’s analysis. The first is long-term holder behavior. During the recent downswing, long-term investors distributed more than $3.25 billion in spot Bitcoin, temporarily pushing exchange reserves higher and increasing potential short-term selling pressure. That distribution, Martinez notes, is consistent with what has historically marked the final phase of supply absorption before accumulation begins. The second is supply held at a loss. Bitcoin’s drop to $59,000 pushed more than 10.46 million BTC into an underwater position. According to Martinez’s post, every previous instance where the supply-in-loss metric crossed the 10 million threshold has accurately timed macro bottoms in prior cycles — a signal he considers one of the most reliable indicators available. Bitcoin $BTC market bottom is closer than you think. Here’s where I’m planning to buy. https://t.co/DrI4OJXnL7 pic.twitter.com/j3YQNzw02G — Ali Charts (@alicharts) June 10, 2026 Where The Bottom Could Land Rather than calling a specific price floor, Martinez identified two accumulation zones based on MVRV band analysis — the ratio of Bitcoin’s market value to its realized value. The most reliable accumulation windows historically appear when MVRV settles between the 1.0 and 0.8 bands, which currently correspond to approximately $53,900 and $43,150, per his analysis. He is also tracking three key moving averages as structural reference points: the 200-week simple moving average at $62,800, the 300-week at $55,000, and the 400-week at $42,500. Fellow analyst Benjamin Cowen separately echoed the assessment, telling his audience that investor psychology is approaching the territory historically associated with major cycle bottoms — a phase he estimates could extend through Q3 and potentially into October. Related Reading: XRP Being Suppressed? Researcher Reveals Why The Token Isn’t Soaring As of this writing, Bitcoin trades at around $63,000, recovering from the $59,000 lows as the market processes whether the worst week since FTX marked a capitulation bottom or simply the latest step in a longer correction. Cover image from Grok, BTCUD chart from Tradingview Blockchain/NewsBTC https://www.newsbtc.com/bitcoin-news/every-time-this-bitcoin-metric-crossed-this-level-the-market-bottomed-it-just-happened-again/ Wed, 10 Jun 2026 12:29:05 +0000 Bitcoin closed the week of June 5 with a nearly 20% decline its sharpest single-week drop since the FTX collapse in November 2022 but on-chain analyst Ali Martinez is pushing back against the prevailing fear, arguing in a technical post on X that the market is approaching a major macro accumulation cycle rather than the beginning of a deeper structural breakdown. Related Reading: The Bitcoin Rally Has A Problem: Demand Is Drying Up Martinezs case rests on a convergence of on-chain metrics that have historically accompanied market bottoms rather than preceded further selling. Bitcoins decline to $59,000 its lowest level since 2024 flushed out what he describes as overleveraged premiums across the board, per his X post. That kind of forced deleveraging, he argues, is typically what creates the conditions for a genuine bottom rather than a temporary bounce. BTC's price trends to the downside on the daily chart. Source: BTCUSD on Tradingview The Bitcoin Metrics Behind The Call Two data points sit at the center of Martinezs analysis. The first is long-term holder behavior. During the recent downswing, long-term investors distributed more than $3.25 billion in spot Bitcoin, temporarily pushing exchange reserves higher and increasing potential short-term selling pressure. That distribution, Martinez notes, is consistent with what has historically marked the final phase of supply absorption before accumulation begins. The second is supply held at a loss. Bitcoins drop to $59,000 pushed more than 10.46 million BTC into an underwater position. According to Martinezs post, every previous instance where the supply-in-loss metric crossed the 10 million threshold has accurately timed macro bottoms in prior cycles a signal he considers one of the most reliable indicators available. Bitcoin $BTC market bottom is closer than you think. Heres where Im planning to buy. https://t.co/DrI4OJXnL7 pic.twitter.com/j3YQNzw02G Ali Charts (@alicharts) June 10, 2026 Where The Bottom Could Land Rather than calling a specific price floor, Martinez identified two accumulation zones based on MVRV band analysis the ratio of Bitcoins market value to its realized value. The most reliable accumulation windows historically appear when MVRV settles between the 1.0 and 0.8 bands, which currently correspond to approximately $53,900 and $43,150, per his analysis. He is also tracking three key moving averages as structural reference points: the 200-week simple moving average at $62,800, the 300-week at $55,000, and the 400-week at $42,500. Fellow analyst Benjamin Cowen separately echoed the assessment, telling his audience that investor psychology is approaching the territory historically associated with major cycle bottoms a phase he estimates could extend through Q3 and potentially into October. Related Reading: XRP Being Suppressed? Researcher Reveals Why The Token Isnt Soaring As of this writing, Bitcoin trades at around $63,000, recovering from the $59,000 lows as the market processes whether the worst week since FTX marked a capitulation bottom or simply the latest step in a longer correction. Cover image from Grok, BTCUD chart from Tradingview Blockchain/NewsBTC https://cointelegraph.com/news/equipment-finance-tradfi-650m-private-credit-onchain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 12:09:04 +0000 Trad.Fi plans to bring up to $650 million in equipment-finance credit onchain, targeting a trillion-dollar US market still dominated by paperwork. Blockchain/Cointelegraph https://cointelegraph.com/news/equipment-finance-tradfi-650m-private-credit-onchain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 12:09:04 +0000 Trad.Fi plans to bring up to $650 million in equipment-finance credit onchain, targeting a trillion-dollar US market still dominated by paperwork. Blockchain/Cointelegraph https://coinjournal.net/news/bitcoin-falls-below-61k-amid-geopolitical-tensions-and-etf-outflows/ Wed, 10 Jun 2026 12:05:20 +0000 Key takeaways The oversold technical conditions may limit the pace of the decline, but the broader market structure remains bearish. The structure will remain bearish unless BTC can reclaim the $64,000 region and build momentum back above key moving averages. BTC Extends Losses Ahead of Key US Inflation Data Bitcoin (BTC) continued its decline on […] The post Bitcoin falls below $61k amid geopolitical tensions and ETF outflows appeared first on CoinJournal . Blockchain/CoinJournal https://coinjournal.net/news/bitcoin-falls-below-61k-amid-geopolitical-tensions-and-etf-outflows/ Wed, 10 Jun 2026 12:05:20 +0000 Key takeaways The oversold technical conditions may limit the pace of the decline, but the broader market structure remains bearish. The structure will remain bearish unless BTC can reclaim the $64,000 region and build momentum back above key moving averages. BTC Extends Losses Ahead of Key US Inflation Data Bitcoin (BTC) continued its decline on [] The post Bitcoin falls below $61k amid geopolitical tensions and ETF outflows appeared first on CoinJournal . Blockchain/CoinJournal https://www.coindesk.com/tech/2026/06/10/a-bitcoin-defi-project-just-shut-down-with-a-brutal-post-mortem-users-just-didn-t-care Wed, 10 Jun 2026 12:00:29 +0000 Blockchain/CoinDesk https://www.coindesk.com/tech/2026/06/10/a-bitcoin-defi-project-just-shut-down-with-a-brutal-post-mortem-users-just-didn-t-care Wed, 10 Jun 2026 12:00:29 +0000 Blockchain/CoinDesk https://www.newsbtc.com/news/the-bitcoin-rally-has-a-problem-demand-is-drying-up-analysts-say/ Wed, 10 Jun 2026 12:00:24 +0000 Bitcoin may need to climb back above $65,000 before any meaningful recovery can take hold but getting there looks harder by the day. Market analyst Michaël van de Poppe said a break past that level could open the door to a rally toward the $72,000 to $74,000 range, yet the broader demand picture suggests that kind of move is far from guaranteed. Related Reading: A 400 Billion Shiba Inu Surprise: Whale Wallet Springs Back To Life #Bitcoin is stalling beneath $65K as breaking that level would trigger a strong run to $72-74K. The $65K support level was the previous level of support after the crash early in February and is now acting as the resistance to break through. If it happens for Bitcoins price to pic.twitter.com/GOaN7KuT0O Michaël van de Poppe (@CryptoMichNL) June 9, 2026 Why The Numbers Look Ugly Right Now The 30-day combined growth of spot and perpetual futures demand has fallen to around -650,000 BTC, a reading that has appeared only three times since 2019. CryptoQuant analyst Moreno flagged the figure as a sign that the market has entered one of its weakest demand phases in years, with both regular buying and derivatives exposure falling at the same time. That means fewer buyers are available to absorb any fresh selling pressure. Bitcoin has dropped roughly 3.40% this week alone, following a 14% decline the week before. The monthly loss now stands at 16%, with prices hovering near $61,000. Bitcoin Demand Hits a Level Seen Only 3 Times Since 2019 The current setup therefore looks less like a confirmed reversal and more like the beginning of a final cleansing phase. By @MorenoDV_ pic.twitter.com/Qk0lrzTDky CryptoQuant.com (@cryptoquant_com) June 9, 2026 What History Actually Shows The -650,000 BTC demand level has not historically marked a bottom. Based on Morenos analysis, it has tended to mark the beginning of a difficult stretch rather than the end of one. The first instance came in December 2019, when Bitcoin was trading near $6,500 and demand conditions were already deteriorating ahead of the COVID-19 market crash. The demand indicator hit extreme contraction before prices collapsed further in March 2020, eventually bottoming near $3,800. A second instance appeared in January 2022, when Bitcoin had already fallen from its then-record high of $69,000 to around $32,951. Demand recovered in the following weeks, and prices rebounded into March but the recovery did not last. Bitcoin resumed its decline and did not hit its bear-market floor of roughly $15,500 until November 2022, nearly 10 months later. Related Reading: A 400 Billion Shiba Inu Surprise: Whale Wallet Springs Back To Life The Difficult Phase Ahead Moreno believes the current setup looks more like the start of a final cleansing phase than a confirmed turning point. He expects a period of heightened volatility before the market settles into a prolonged stretch of sideways trading with low participation. That kind of stagnation, he argues, may prove harder on investors than the price drop itself. Van de Poppe, for his part, called the recent selloff largely irrational, though he acknowledged Bitcoin remains pinned below the $65,000 level that once served as support and has since become resistance. Featured image from Pexels, chart from TradingView Blockchain/NewsBTC https://cryptopotato.com/pi-network-news-and-pi-price-update-today-june-10/ Wed, 10 Jun 2026 11:59:46 +0000 The community is excited about Pi2Day but the team warned that the next major update could also face some delays. Blockchain/CryptoPotato https://cryptopotato.com/pi-network-news-and-pi-price-update-today-june-10/ Wed, 10 Jun 2026 11:59:46 +0000 The community is excited about Pi2Day but the team warned that the next major update could also face some delays. Blockchain/CryptoPotato https://cointelegraph.com/news/botanix-says-it-didnt-work-as-bitcoin-scaling-platform-shuts-down-sets-withdrawal-deadline?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 11:45:36 +0000 The Spiderchain developer told users to withdraw assets by July 9 after concluding demand for Bitcoin-native DeFi was not sufficient to support the network. Blockchain/Cointelegraph https://cointelegraph.com/news/botanix-says-it-didnt-work-as-bitcoin-scaling-platform-shuts-down-sets-withdrawal-deadline?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 11:45:36 +0000 The Spiderchain developer told users to withdraw assets by July 9 after concluding demand for Bitcoin-native DeFi was not sufficient to support the network. Blockchain/Cointelegraph https://news.bitcoin.com/defillama-pre-ipo-perps-openai-spacex-anthropic/ Wed, 10 Jun 2026 11:30:09 +0000 Defillama has begun tracking pre-IPO perpetual futures for Anthropic, OpenAI, SpaceX, and Quantinuum, as onchain traders are racing to bet on the years biggest private companies before they go public. Onchain Markets for Companies That Arent Public Yet Crypto data aggregator Defillama said it has added new pre-IPO perpetual futures markets spanning four closely watched [] Blockchain/Bitcoin_News https://www.coinspeaker.com/glassnode-xrp-news-capitulation-profit-loss-ratio/ Wed, 10 Jun 2026 11:30:06 +0000 Glassnode Flags 'Intense Capitulation' in XRP The post XRP News: Glassnode Flags ‘Intense Capitulation’ in XRP as Profit-to-Loss Ratio Hits 0.38 appeared first on Coinspeaker . Blockchain/CoinSpeaker https://www.coinspeaker.com/glassnode-xrp-news-capitulation-profit-loss-ratio/ Wed, 10 Jun 2026 11:30:06 +0000 Glassnode Flags 'Intense Capitulation' in XRP The post XRP News: Glassnode Flags Intense Capitulation in XRP as Profit-to-Loss Ratio Hits 0.38 appeared first on Coinspeaker . Blockchain/CoinSpeaker https://decrypt.co/370620/intense-capitulation-hits-crypto-as-8m-btc-bulk-of-eth-supply-sit-at-loss Wed, 10 Jun 2026 11:26:31 +0000 Millions of Bitcoin are underwater as experts say the 'scale of market reset' signals capitulation, but long-term opportunities remain. Blockchain/Decrypt https://decrypt.co/370620/intense-capitulation-hits-crypto-as-8m-btc-bulk-of-eth-supply-sit-at-loss Wed, 10 Jun 2026 11:26:31 +0000 Millions of Bitcoin are underwater as experts say the 'scale of market reset' signals capitulation, but long-term opportunities remain. Blockchain/Decrypt https://cryptopotato.com/ripple-whales-refusing-to-sell-why-declining-binance-inflows-could-boost-xrp-to-2/ Wed, 10 Jun 2026 11:26:08 +0000 Although whales have been selling less XRP since 2025, the asset’s price has still retreated from the $3 region due to leverage liquidations and market weakness. Blockchain/CryptoPotato https://cryptopotato.com/ripple-whales-refusing-to-sell-why-declining-binance-inflows-could-boost-xrp-to-2/ Wed, 10 Jun 2026 11:26:08 +0000 Although whales have been selling less XRP since 2025, the assets price has still retreated from the $3 region due to leverage liquidations and market weakness. Blockchain/CryptoPotato https://www.coindesk.com/daybook-us/2026/06/10/the-inflation-scenario-that-could-send-bitcoin-tumbling-below-usd60-000 Wed, 10 Jun 2026 11:20:23 +0000 Blockchain/CoinDesk https://www.coindesk.com/daybook-us/2026/06/10/the-inflation-scenario-that-could-send-bitcoin-tumbling-below-usd60-000 Wed, 10 Jun 2026 11:20:23 +0000 Blockchain/CoinDesk https://www.theblock.co/post/404229/more-than-half-bitcoin-supply-underwater-bottom-after-final-leg-lower-k33?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 07:15:24 -0400 Over half of bitcoin's circulating supply is now trading at a loss, a level typically only reached near major bear market bottoms, per K33. Blockchain/The_Block https://www.theblock.co/post/404229/more-than-half-bitcoin-supply-underwater-bottom-after-final-leg-lower-k33?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 07:15:24 -0400 Over half of bitcoin's circulating supply is now trading at a loss, a level typically only reached near major bear market bottoms, per K33. Blockchain/The_Block https://decrypt.co/370618/kalshi-rolls-out-new-safeguards-after-insider-trading-concerns-hit-prediction-markets Wed, 10 Jun 2026 11:05:37 +0000 Kalshi's new rules force traders to disclose their employers before trading high-risk markets flagged for insider trading or manipulation. Blockchain/Decrypt https://decrypt.co/370618/kalshi-rolls-out-new-safeguards-after-insider-trading-concerns-hit-prediction-markets Wed, 10 Jun 2026 11:05:37 +0000 Kalshi's new rules force traders to disclose their employers before trading high-risk markets flagged for insider trading or manipulation. Blockchain/Decrypt https://news.bitcoin.com/hands-on-review-by-bitcoin-com-exploring-the-coinrabbit-crypto-ecosystem/ Wed, 10 Jun 2026 11:00:51 +0000 Long-term crypto holders rarely want to sell. Whether it is Bitcoin, Ethereum, XRP, or other major digital assets, many investors view their holdings as long-term capital rather than short-term trading inventory. The challenge, however, is that markets move, opportunities emerge, and liquidity is still necessary. That creates a familiar balancing act across crypto: how do [] Blockchain/Bitcoin_News https://www.coindesk.com/markets/2026/06/10/zcash-hyperliquid-tokens-lead-losses-as-traders-bet-against-a-bitcoin-bounce Wed, 10 Jun 2026 10:52:54 +0000 Blockchain/CoinDesk https://www.coindesk.com/markets/2026/06/10/zcash-hyperliquid-tokens-lead-losses-as-traders-bet-against-a-bitcoin-bounce Wed, 10 Jun 2026 10:52:54 +0000 Blockchain/CoinDesk https://www.theblock.co/post/404223/new-york-regulator-proposes-stablecoin-rule-to-align-with-federal-genius-act-adds-reserve-limits?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 06:38:40 -0400 The NYDFS has proposed a GENIUS Act-aligned stablecoin rule adding reserve concentration caps and mandatory risk management programs. Blockchain/The_Block https://www.theblock.co/post/404223/new-york-regulator-proposes-stablecoin-rule-to-align-with-federal-genius-act-adds-reserve-limits?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 06:38:40 -0400 The NYDFS has proposed a GENIUS Act-aligned stablecoin rule adding reserve concentration caps and mandatory risk management programs. Blockchain/The_Block https://cryptopotato.com/ethereum-price-prediction-how-close-is-eth-to-a-sub-1-5k-breakdown/ Wed, 10 Jun 2026 10:33:59 +0000 Ethereum remains under significant selling pressure after losing a major support area and extending its decline toward the lower boundary of its broader trading range. While buyers have managed to defend the range lows for now, the market structure continues to favor the bears unless ETH can reclaim several key resistance levels overhead. Ethereum Price […] Blockchain/CryptoPotato https://cryptopotato.com/ethereum-price-prediction-how-close-is-eth-to-a-sub-1-5k-breakdown/ Wed, 10 Jun 2026 10:33:59 +0000 Ethereum remains under significant selling pressure after losing a major support area and extending its decline toward the lower boundary of its broader trading range. While buyers have managed to defend the range lows for now, the market structure continues to favor the bears unless ETH can reclaim several key resistance levels overhead. Ethereum Price [] Blockchain/CryptoPotato https://news.bitcoin.com/kiyosaki-de-worsified-not-diversified-warning/ Wed, 10 Jun 2026 10:30:24 +0000 Robert Kiyosaki says most people who think they are diversified are actually de-worsified, holding a pile of assets that all sink together when markets turn. Word Play With a Warning Robert Kiyosaki, the author of the best-selling personal finance book Rich Dad Poor Dad, is recasting a familiar piece of investing advice. In a post [] Blockchain/Bitcoin_News https://www.newsbtc.com/xrp-news/xrp-sell-off-driven-liquidations-not-whale-dumping/ Wed, 10 Jun 2026 10:30:04 +0000 XRPs recent pullback may have more to do with leverage flushes and broader market weakness than a coordinated exit by large holders, according to CryptoQuant contributor Pelin Ay. The analyst pointed to declining XRP inflows into Binance, particularly among million-token transfers, as evidence that whale selling pressure has not intensified during the drawdown. Ay shared a CryptoQuant chart tracking XRP Ledger exchange inflows to Binance by value band, alongside XRPs price in dollar terms. The dataset separates inflows into bands ranging from less than 1,000 XRP to more than 1 million XRP, allowing analysts to distinguish between smaller exchange deposits and transfers more likely associated with whales or institutional-scale wallets. Related Reading: XRP Just Printed A Rare Binance Signal As Market Volatility Accelerates XRP Whale Selling Pressure Eases As Binance Inflows Drop According to Ay, the largest transfer cohort has historically played an important role in Binance inflow activity. Transfers exceeding 1 million XRP are dominant in the chart during certain periods, she wrote. This shows that the majority of XRP inflows to Binance are coming from whale and institutional-scale addresses. In particular, the consistently high levels of these inflows between 2021-2025 reveal that major players are actively using Binance. The key shift, in her view, is what happened after XRPs 2025 peak. The chart shows a visible decline in the largest Binance inflow bands after a period in which XRP approached the $3 area, suggesting that large holders have not been sending tokens to the exchange at the same intensity seen during earlier market phases. In exchange-flow analysis, rising inflows are often interpreted as potential sell-side supply, since assets moved to trading venues can be sold, used as collateral, or repositioned. Ay argued that the current structure does not resemble prior periods of aggressive distribution. In the past, before major drops, there were usually sudden high spikes in the 100K1M XRP and 1M+ XRP groups. Currently, at the end of the chart, there is no such extraordinary inflow surge. Therefore, on-chain data currently reduces the likelihood of aggressive whale selling and mass profit-taking. That distinction is central to her thesis. If XRP were undergoing a classic whale-led sell-off, the chart would be expected to show a sharp increase in large deposits to Binance, especially from the 100,000-to-1-million XRP and 1-million-plus XRP bands. Instead, Ay says the opposite is visible: inflows have cooled while price has weakened. Related Reading: XRP Is Oversold On Every Time Frame, And This Could Be The Bullish Signal Everyone Is Waiting For The chart suggests that the decline is largely due to leverage liquidations and overall market weakness, she added. Because in normal hard bear markets, much higher XRP inflows to exchanges are typically seen. The implication is not that XRP has no downside risk. Rather, Ays reading is that the current sell-off lacks one of the more damaging on-chain signatures often associated with deeper capitulation: whales sending unusually large amounts of XRP to exchanges. That makes the source of selling pressure important. A liquidation-driven move can accelerate quickly when leveraged positions are forced out, but it does not necessarily imply that long-term holders are actively distributing into the market. Ay also linked the post-peak reduction in inflows to weakening spot supply pressure. If Binance inflows continue to remain low, selling supply will decrease, she wrote. With an increase in demand, it becomes easier for XRP to move back to the $1.8-2.0 region. Especially if sharp rises do not resume in the 1M+ XRP columns, this structure can be maintained. The condition matters. Her argument depends on large Binance inflows remaining muted, particularly in the 1-million-plus XRP band. A renewed spike in those columns would weaken the analysis, as it would suggest that large wallets are once again moving meaningful supply toward the exchange. At press time, XRP traded at $1.1444. Featured image created with DALL.E, chart from TradingView.com Blockchain/NewsBTC https://cointelegraph.com/news/eu-russia-sanctions-11-crypto-platforms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 09:46:01 +0000 The proposed measures would ban transactions on 11 crypto platforms and expand sanctions targeting networks accused of helping Russia evade restrictions. Blockchain/Cointelegraph https://cointelegraph.com/news/eu-russia-sanctions-11-crypto-platforms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 09:46:01 +0000 The proposed measures would ban transactions on 11 crypto platforms and expand sanctions targeting networks accused of helping Russia evade restrictions. Blockchain/Cointelegraph https://news.bitcoin.com/xrp-price-shaky-ripple-rlusd-safe-water/ Wed, 10 Jun 2026 09:30:31 +0000 XRP is trading on shaky ground near $1.11 as a fresh selloff threatens to drag it under $1.10, even as Ripple puts its RLUSD stablecoin to work funding clean-water access for millions of people. A Price on Shaky Ground XRP has slipped into a precarious technical setup, breaking below a bullish trendline support at $1.1620 [] Blockchain/Bitcoin_News https://decrypt.co/370615/japans-largest-banks-plan-joint-stablecoin-launch-by-march-2027 Wed, 10 Jun 2026 09:19:08 +0000 Megabanks MUFG Bank, Mizuho Bank and SMBC have formed a council to develop frameworks for jointly issuing a stablecoin in fiscal year 2026. Blockchain/Decrypt https://cryptopotato.com/xrp-ada-sol-crash-again-as-btc-price-slumps-to-61k-market-watch/ Wed, 10 Jun 2026 09:06:41 +0000 SIREN has plummeted by over 35% in the past 24 hours. Many altcoins follow suit. Blockchain/CryptoPotato https://cryptopotato.com/xrp-ada-sol-crash-again-as-btc-price-slumps-to-61k-market-watch/ Wed, 10 Jun 2026 09:06:41 +0000 SIREN has plummeted by over 35% in the past 24 hours. Many altcoins follow suit. Blockchain/CryptoPotato https://Blockchain.News/news/20260610-price-prediction-aave-oversold-defi-token-eyes-75-technical Wed, 10 Jun 2026 09:03:47 +0000 AAVE trades at severely oversold levels with RSI at 21, setting up a potential technical bounce toward $75 resistance. Current positioning suggests a short-term recovery rather than sustained bulli... (Read More) Blockchain/Blockchain_News https://www.coindesk.com/business/2026/06/10/japan-s-three-largest-banks-aim-for-joint-stablecoin-issue-by-march Wed, 10 Jun 2026 09:01:14 +0000 Blockchain/CoinDesk https://www.theblock.co/post/404216/bitcoin-layer-2-botanix-to-wind-down-network-urges-users-to-withdraw-assets?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 05:00:38 -0400 Botanix to wind down Bitcoin Layer 2 after four years, citing weak fee revenue and urging users to withdraw assets by July 9. Blockchain/The_Block https://www.theblock.co/post/404216/bitcoin-layer-2-botanix-to-wind-down-network-urges-users-to-withdraw-assets?utm_source=rss&utm_medium=rss Wed, 10 Jun 2026 05:00:38 -0400 Botanix to wind down Bitcoin Layer 2 after four years, citing weak fee revenue and urging users to withdraw assets by July 9. Blockchain/The_Block https://Blockchain.News/news/20260610-price-prediction-ldo-019-breakdown-before-035-recovery-by Wed, 10 Jun 2026 09:00:21 +0000 LDO sits in dangerous oversold territory at $0.26 with all moving averages acting as resistance - 65% chance of testing $0.19 support before whale accumulation triggers a 35% bounce to $0.35. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-ldo-019-breakdown-before-035-recovery-by Wed, 10 Jun 2026 09:00:21 +0000 LDO sits in dangerous oversold territory at $0.26 with all moving averages acting as resistance - 65% chance of testing $0.19 support before whale accumulation triggers a 35% bounce to $0.35. (Read More) Blockchain/Blockchain_News https://www.newsbtc.com/altcoin/xrp-being-suppressed-researcher-reveals-why-the-token-isnt-soaring/ Wed, 10 Jun 2026 09:00:02 +0000 A 2021 Citibank document that used the phrase Regulated Internet of Value sits at the center of a new XRP debate, after researcher Jesse of Apex Crypto Insights argued the wording was later shifted to Regulated Liability Network because the link to Ripple was too obvious. Related Reading: Security Milestone: XRP Lending Protocol Completes Military-Grade Assessment He says that paper trail, along with years of weak price action, points to a token that may be held down for reasons that are bigger than ordinary market trading. A Price That Would Not Move XRPs chart is the first thing Jesse points to. The token reached $3.84 during the 2018 bull run and later touched $3.60 earlier in this cycle, yet it has spent much of the past decade moving sideways while Bitcoin climbed far higher. Jesse called that mismatch hard to explain under a normal market setup and said, in his view, suppression is one possible answer. The claim is not presented as proof. Jesse frames it as his opinion, but he ties it to a wider argument about how the financial system may change if XRP ends up in a deeper role than simple payments. The Internet Of Value Thesis Jesse says XRP should be viewed as part of an internet of value rather than just another crypto asset. He links that idea to Ripples Interledger Protocol, which he says is meant to move value in the same way the internet moves information. From there, he says the trail runs through several institutional documents and speeches. According to Jesse, Citibanks Tony McLaughlin has described the Regulated Liability Network and the shared ledger idea as the same concept, and he says the Bank for International Settlements has also talked about a unified ledger that could replace correspondent banking and even Swift. The researchers case is built on that chain of references. He argues that if major banks are preparing a new settlement system, an asset tied to that system may not be allowed to swing wildly in price, since volatility would be a problem for anything meant to function as a reserve or settlement layer. Related Reading: SpaceX Exposure Comes To Bybit Through New Tokenized Product Details What The Theory Still Lacks Jesse does not present hard evidence of manipulation. His argument is based on interpretation rather than any public proof of coordinated price control, and it ultimately leaves the question unresolved, with no definitive conclusion drawn on market behavior. Featured image from Unsplash, chart from TradingView Blockchain/NewsBTC https://Blockchain.News/news/20260610-price-prediction-target-hbar-0065-looms-as-technical-breakdown-accelerates Wed, 10 Jun 2026 08:59:20 +0000 HBAR crashes through support at $0.08 with bearish momentum building across all timeframes, pointing toward a potential 18% decline to $0.065 over the next two weeks. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-target-hbar-0065-looms-as-technical-breakdown-accelerates Wed, 10 Jun 2026 08:59:20 +0000 HBAR crashes through support at $0.08 with bearish momentum building across all timeframes, pointing toward a potential 18% decline to $0.065 over the next two weeks. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-wif-bulls-eye-020-breakout-as-oversold Wed, 10 Jun 2026 08:55:41 +0000 Dogwifhat trades at critical $0.15 support with momentum indicators flashing oversold signals. Technical setup points to $0.18-0.20 rally if buyers defend current levels. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-wif-bulls-eye-020-breakout-as-oversold Wed, 10 Jun 2026 08:55:41 +0000 Dogwifhat trades at critical $0.15 support with momentum indicators flashing oversold signals. Technical setup points to $0.18-0.20 rally if buyers defend current levels. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-pepe-rsi-oversold-bounce-eyes-0000008-recovery Wed, 10 Jun 2026 08:47:27 +0000 PEPE's RSI crash to 23.73 creates textbook oversold conditions that typically trigger 40-60% relief rallies toward $0.000008. Bearish MACD momentum suggests potential lower retest before meaningful... (Read More) Blockchain/Blockchain_News https://cryptopotato.com/world-cup-2026-prediction-markets-now-live-on-whale-io-with-90k-in-prizes/ Wed, 10 Jun 2026 08:47:19 +0000 [PRESS RELEASE – Mahe, Seychelles, June 10th, 2026] Whale.io has launched native Prediction Markets for the 2026 World Cup, giving players direct access to match betting backed by a combined $90,000 prize pool – including a $40,000 USDT raffle and five weeks of $10,000 weekly sports tournaments. Whale.io is giving users the chance to turn […] Blockchain/CryptoPotato https://cryptopotato.com/world-cup-2026-prediction-markets-now-live-on-whale-io-with-90k-in-prizes/ Wed, 10 Jun 2026 08:47:19 +0000 [PRESS RELEASE Mahe, Seychelles, June 10th, 2026] Whale.io has launched native Prediction Markets for the 2026 World Cup, giving players direct access to match betting backed by a combined $90,000 prize pool including a $40,000 USDT raffle and five weeks of $10,000 weekly sports tournaments. Whale.io is giving users the chance to turn [] Blockchain/CryptoPotato https://Blockchain.News/news/20260610-price-prediction-algo-critical-0083-support-test-could-trigger Wed, 10 Jun 2026 08:42:15 +0000 Algorand hovers at $0.09 with technical indicators signaling potential decline toward $0.083 support level. Smart money buying pressure conflicts with retail short dominance as December volatility ... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-algo-critical-0083-support-test-could-trigger Wed, 10 Jun 2026 08:42:15 +0000 Algorand hovers at $0.09 with technical indicators signaling potential decline toward $0.083 support level. Smart money buying pressure conflicts with retail short dominance as December volatility ... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-file-sub-070-breakdown-imminent-as-bears Wed, 10 Jun 2026 08:38:08 +0000 FILE's technical deterioration below all major moving averages signals a high-probability drop to $0.65-$0.70 within 10 days. Smart money positioning suggests 75% downside risk despite retail's stu... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-file-sub-070-breakdown-imminent-as-bears Wed, 10 Jun 2026 08:38:08 +0000 FILE's technical deterioration below all major moving averages signals a high-probability drop to $0.65-$0.70 within 10 days. Smart money positioning suggests 75% downside risk despite retail's stu... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-target-inj-630-breakout-within-7-days-as Wed, 10 Jun 2026 08:35:46 +0000 Injective Protocol trades at $5.20 after a sharp 7.89% decline, but technical indicators suggest a high-probability bounce toward $6.30 resistance within the next week as oversold conditions meet i... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-target-inj-630-breakout-within-7-days-as Wed, 10 Jun 2026 08:35:46 +0000 Injective Protocol trades at $5.20 after a sharp 7.89% decline, but technical indicators suggest a high-probability bounce toward $6.30 resistance within the next week as oversold conditions meet i... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-target-crv-bulls-024-breakout-as-consolidation-phase Wed, 10 Jun 2026 08:34:40 +0000 CRV's technical setup suggests a 65% probability of testing $0.24 resistance within 10-14 days, with current momentum indicators signaling the end of bearish pressure. Failure to break above $0.22 ... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-target-crv-bulls-024-breakout-as-consolidation-phase Wed, 10 Jun 2026 08:34:40 +0000 CRV's technical setup suggests a 65% probability of testing $0.24 resistance within 10-14 days, with current momentum indicators signaling the end of bearish pressure. Failure to break above $0.22 ... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-floki-dead-cat-bounce-to-0000026-before Wed, 10 Jun 2026 08:27:42 +0000 FLOKI's oversold bounce from $0.000024 targets $0.000026-0.000028 resistance zone within 7-14 days, but with 70% probability of deeper correction to $0.000020 support afterward. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-floki-dead-cat-bounce-to-0000026-before Wed, 10 Jun 2026 08:27:42 +0000 FLOKI's oversold bounce from $0.000024 targets $0.000026-0.000028 resistance zone within 7-14 days, but with 70% probability of deeper correction to $0.000020 support afterward. (Read More) Blockchain/Blockchain_News https://coinjournal.net/news/hyperliquid-price-slides-11-whats-behind-the-sell-off-and-what-comes-next/ Wed, 10 Jun 2026 08:27:07 +0000 The $54 support level is critical for the Hyperliquid price. HYPE futures open interest has fallen to $5.86B, triggering a leveraged unwind. Crypto Fear and Greed Index hit 15 as Bitcoin ETF outflows drove risk-off selling. The Hyperliquid price has dropped 11% in 24 hours to $55.35, making it one of the hardest-hit assets in […] The post Hyperliquid price slides 11%: What’s behind the sell-off and what comes next appeared first on CoinJournal . Blockchain/CoinJournal https://coinjournal.net/news/hyperliquid-price-slides-11-whats-behind-the-sell-off-and-what-comes-next/ Wed, 10 Jun 2026 08:27:07 +0000 The $54 support level is critical for the Hyperliquid price. HYPE futures open interest has fallen to $5.86B, triggering a leveraged unwind. Crypto Fear and Greed Index hit 15 as Bitcoin ETF outflows drove risk-off selling. The Hyperliquid price has dropped 11% in 24 hours to $55.35, making it one of the hardest-hit assets in [] The post Hyperliquid price slides 11%: Whats behind the sell-off and what comes next appeared first on CoinJournal . Blockchain/CoinJournal https://www.coindesk.com/markets/2026/06/10/xrp-market-shows-signs-of-capitulation-as-holders-sell-at-loss Wed, 10 Jun 2026 08:24:48 +0000 Blockchain/CoinDesk https://www.coindesk.com/markets/2026/06/10/xrp-market-shows-signs-of-capitulation-as-holders-sell-at-loss Wed, 10 Jun 2026 08:24:48 +0000 Blockchain/CoinDesk https://Blockchain.News/news/20260610-price-prediction-shib-oversold-bounce-to-0000005-within-14 Wed, 10 Jun 2026 08:19:18 +0000 SHIB's RSI at 26 signals extreme oversold conditions while price hugs the lower Bollinger Band at $0.00000466, setting up a technical relief rally toward $0.000005. Market structure suggests 65% pr... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-shib-oversold-bounce-to-0000005-within-14 Wed, 10 Jun 2026 08:19:18 +0000 SHIB's RSI at 26 signals extreme oversold conditions while price hugs the lower Bollinger Band at $0.00000466, setting up a technical relief rally toward $0.000005. Market structure suggests 65% pr... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-wld-040-support-test-expected-within-two Wed, 10 Jun 2026 08:12:25 +0000 Worldcoin trades at $0.497 while whales accumulate amid negative funding rates, setting up a probable test of $0.40 support before any meaningful recovery above $0.55. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-target-sui-058-within-30-days-as-bears Wed, 10 Jun 2026 08:09:45 +0000 SUI's technical breakdown below all major moving averages signals a direct path to $0.58, with oversold conditions creating a 25% probability of a dead-cat bounce to $0.85 first. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-target-sui-058-within-30-days-as-bears Wed, 10 Jun 2026 08:09:45 +0000 SUI's technical breakdown below all major moving averages signals a direct path to $0.58, with oversold conditions creating a 25% probability of a dead-cat bounce to $0.85 first. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-op-price-prediction-012-rally-or-0085-crash-decision-point Wed, 10 Jun 2026 08:08:58 +0000 Optimism trades at $0.10 with oversold momentum and smart money positioning 57.4% long while retail remains neutral. Technical compression sets up explosive move toward either $0.12 resistance or $... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-op-price-prediction-012-rally-or-0085-crash-decision-point Wed, 10 Jun 2026 08:08:58 +0000 Optimism trades at $0.10 with oversold momentum and smart money positioning 57.4% long while retail remains neutral. Technical compression sets up explosive move toward either $0.12 resistance or $... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-arb-technical-bounce-to-0095-before-july Wed, 10 Jun 2026 08:05:34 +0000 ARB's oversold RSI of 22 sets up a relief rally toward $0.095 within 10 days, but technical breakdown below all moving averages points to further downside toward $0.065 support levels. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-arb-technical-bounce-to-0095-before-july Wed, 10 Jun 2026 08:05:34 +0000 ARB's oversold RSI of 22 sets up a relief rally toward $0.095 within 10 days, but technical breakdown below all moving averages points to further downside toward $0.065 support levels. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-apt-technical-bounce-to-085-before-year Wed, 10 Jun 2026 08:01:30 +0000 Aptos trades at deeply oversold levels with RSI at 21.69, positioning for a 30% relief rally to $0.85. The technical setup favors short-term bulls despite longer-term structural headwinds. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-apt-technical-bounce-to-085-before-year Wed, 10 Jun 2026 08:01:30 +0000 Aptos trades at deeply oversold levels with RSI at 21.69, positioning for a 30% relief rally to $0.85. The technical setup favors short-term bulls despite longer-term structural headwinds. (Read More) Blockchain/Blockchain_News https://www.newsbtc.com/news/bitcoin/bitcoin-price-headed-to-220000/ Wed, 10 Jun 2026 08:00:08 +0000 Bitcoin has been forming a pattern for years now, and even with the uncertain price movements, this pattern has now finally be completed. This was explained by crypto analyst Bitcoin Teddy on the X social media platform, showing this pattern, how it was formed, and what the implications are for this formation on the Bitcoin price. The Mid-Year Cup And Handle Pattern That Was Years In The Making In the post, the crypto analyst pointed out that the Bitcoin price has completed a Cup and Handle pattern formation. Unlike some Cup And Handle patterns that are formed in a relatively short time, the analyst says this one has actually been forming for years, and now its finally ready to play out. Related Reading: Dogecoin Could Rally 300x And Cross $20, Analyst Claims This pattern was completed with the most recent Bitcoin retest of the $60,000 support. This support was broken briefly, but the price quickly recovered. What this suggests is the formation of the handle part of the pattern after the cup was completed over the years. To put this in perspective, the crypto analyst explained that three things needed to happen. These include the breakout, the retest, and a structure confirmation. The breakout was completed when the price recovered. Then, when the price crashed below $60,000, the retest was done. Now, the confirmation is in place as the Bitcoin price has begun to move upward again. What comes next is even more important since the completion of a Cup and Handle pattern has historically been a precursor to a bull trend. Related Reading: XRP Pundit Says Pay Attention To This Pattern That Everyone Is Missing As the analyst explains, the resulting price surge will not be something like a 20% breakout or so. Historically, a breakout from this pattern would see the price rise multiples of where it was when the pattern was finally confirmed. In this case, the resulting breakout is expected to send the Bitcoin price to new all-time highs. The minimum target placed with the analysis puts the top of this trend at $220,000, which would mean an almost 300% move from where the Bitcoin price is currently trading. What this means is that $220,000 could only be the start of this move if the momentum builds much higher than expected. Featured image from Dall.E, chart from TradingView.com Blockchain/NewsBTC https://Blockchain.News/news/20260610-price-prediction-target-near-180-looms-as-momentum-stalls-at Wed, 10 Jun 2026 07:56:18 +0000 NEAR faces a 15% correction risk toward $1.80 as technical momentum flatlines and analyst consensus turns bearish. The protocol trades dangerously close to its pivot at $2.12 with diminishing buyer... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-xlm-016-support-test-before-035-surge Wed, 10 Jun 2026 07:48:44 +0000 Stellar trades at $0.19 with bearish pressure mounting toward critical $0.16 support, but DTCC's $114 trillion tokenization partnership creates explosive upside potential targeting $0.35-$0.40 by y... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-xlm-016-support-test-before-035-surge Wed, 10 Jun 2026 07:48:44 +0000 Stellar trades at $0.19 with bearish pressure mounting toward critical $0.16 support, but DTCC's $114 trillion tokenization partnership creates explosive upside potential targeting $0.35-$0.40 by y... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-trx-028-capitulation-before-040-recovery-unfolds Wed, 10 Jun 2026 07:45:20 +0000 TRON's technical setup screams oversold exhaustion as bears push toward $0.28 support, setting up a high-probability bounce to $0.40 once institutional accumulation kicks in during Q4 2026. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-trx-028-capitulation-before-040-recovery-unfolds Wed, 10 Jun 2026 07:45:20 +0000 TRON's technical setup screams oversold exhaustion as bears push toward $0.28 support, setting up a high-probability bounce to $0.40 once institutional accumulation kicks in during Q4 2026. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-ltc-35-flash-crash-before-50-recovery Wed, 10 Jun 2026 07:44:14 +0000 Litecoin crashes to extreme oversold territory at $42.63 with RSI hitting 23.64, setting up potential flush to $35 before violent bounce toward $50 resistance zone. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-ltc-35-flash-crash-before-50-recovery Wed, 10 Jun 2026 07:44:14 +0000 Litecoin crashes to extreme oversold territory at $42.63 with RSI hitting 23.64, setting up potential flush to $35 before violent bounce toward $50 resistance zone. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-atom-168-capitulation-before-220-recovery-play Wed, 10 Jun 2026 07:40:17 +0000 ATOM's technical breakdown below all major moving averges signals immediate downside to $1.68 support, but smart money positioning at 58.7% long suggests a sharp reversal toward $2.20 within 2-3 we... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-atom-168-capitulation-before-220-recovery-play Wed, 10 Jun 2026 07:40:17 +0000 ATOM's technical breakdown below all major moving averges signals immediate downside to $1.68 support, but smart money positioning at 58.7% long suggests a sharp reversal toward $2.20 within 2-3 we... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-bch-dead-cat-bounce-to-240-before Wed, 10 Jun 2026 07:37:15 +0000 Bitcoin Cash shows classic oversold conditions that typically trigger short-term relief rallies toward $240. The broader technical damage suggests any bounce will fail, opening the door to $160 by ... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-bch-dead-cat-bounce-to-240-before Wed, 10 Jun 2026 07:37:15 +0000 Bitcoin Cash shows classic oversold conditions that typically trigger short-term relief rallies toward $240. The broader technical damage suggests any bounce will fail, opening the door to $160 by ... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-uni-280-bounce-or-220-breakdown-critical Wed, 10 Jun 2026 07:36:08 +0000 UNI sits in extreme oversold territory at $2.47 with RSI at 25.79, setting up for either a 13% relief bounce to $2.80 or a catastrophic breakdown to $2.20 if support fails. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-uni-280-bounce-or-220-breakdown-critical Wed, 10 Jun 2026 07:36:08 +0000 UNI sits in extreme oversold territory at $2.47 with RSI at 25.79, setting up for either a 13% relief bounce to $2.80 or a catastrophic breakdown to $2.20 if support fails. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-link-critical-777-support-test-could-spark Wed, 10 Jun 2026 07:32:58 +0000 Chainlink tests crucial $7.77 support with RSI at oversold 33.10, while technical patterns suggest a decisive breakout above $8.10 could target $10+ levels. Bears maintain control below key resista... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-link-critical-777-support-test-could-spark Wed, 10 Jun 2026 07:32:58 +0000 Chainlink tests crucial $7.77 support with RSI at oversold 33.10, while technical patterns suggest a decisive breakout above $8.10 could target $10+ levels. Bears maintain control below key resista... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-avax-critical-650-support-test-could-trigger Wed, 10 Jun 2026 07:29:48 +0000 AVAX trades at $6.57 with RSI at extreme oversold levels of 19.51, setting up a potential bounce to $7.80 or breakdown to $5.20 within days. Whale positioning suggests smart money accumulation desp... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-avax-critical-650-support-test-could-trigger Wed, 10 Jun 2026 07:29:48 +0000 AVAX trades at $6.57 with RSI at extreme oversold levels of 19.51, setting up a potential bounce to $7.80 or breakdown to $5.20 within days. Whale positioning suggests smart money accumulation desp... (Read More) Blockchain/Blockchain_News https://cointelegraph.com/news/spacex-ipo-nears-four-times-oversubscribed-squeezing-crypto-and-tech?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 07:29:05 +0000 Tech stocks and crypto are selling off in a “classic pre-mega-IPO liquidity squeeze,” say analysts. Blockchain/Cointelegraph https://cointelegraph.com/news/spacex-ipo-nears-four-times-oversubscribed-squeezing-crypto-and-tech?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 07:29:05 +0000 Tech stocks and crypto are selling off in a classic pre-mega-IPO liquidity squeeze, say analysts. Blockchain/Cointelegraph https://Blockchain.News/news/20260610-price-prediction-target-dot-120-by-mid-july-as-oversold Wed, 10 Jun 2026 07:28:47 +0000 DOT's RSI plunge to 25.58 signals a textbook oversold reversal opportunity, with smart money loading 68.8% long positions while retail panic-sells into $0.92 support. Next 30 days could deliver 25%... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-target-dot-120-by-mid-july-as-oversold Wed, 10 Jun 2026 07:28:47 +0000 DOT's RSI plunge to 25.58 signals a textbook oversold reversal opportunity, with smart money loading 68.8% long positions while retail panic-sells into $0.92 support. Next 30 days could deliver 25%... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-matic-oversold-bounce-to-045-before-030 Wed, 10 Jun 2026 07:24:59 +0000 MATIC's oversold bounce from $0.38 support targets $0.45 resistance within 7 days, but failure to reclaim key moving averages signals a deeper decline toward $0.30 by month-end. (Read More) Blockchain/Blockchain_News https://www.coindesk.com/markets/2026/06/10/spacex-s-most-active-pre-ipo-market-has-fallen-27-in-three-weeks Wed, 10 Jun 2026 07:18:44 +0000 Blockchain/CoinDesk https://Blockchain.News/news/20260610-doge-price-prediction-technical-bounce-to-0095-within-7-days Wed, 10 Jun 2026 07:18:20 +0000 DOGE sits at extreme oversold levels with RSI at 28.82, positioning for a potential relief rally to $0.095. However, break below $0.083 support opens the door to $0.075. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-sol-relief-rally-to-72-expected-before Wed, 10 Jun 2026 07:17:13 +0000 Solana trades at deeply oversold levels with RSI at 26, setting up a technical bounce to $72 resistance before the larger downtrend resumes toward $55 support. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-ada-020-recovery-or-014-breakdown-within Wed, 10 Jun 2026 07:13:44 +0000 Cardano sits at a critical inflection point with RSI screaming oversold at 21.82, while smart money positions heavily long at 72% despite the brutal -5.11% daily selloff. The next 48 hours determin... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-target-bnb-900-within-reach-despite-current-consolidation Wed, 10 Jun 2026 07:09:39 +0000 BNB's consolidation above $583 support creates a compelling risk-reward setup targeting $900-$950 over the next 18 months. Current oversold conditions and institutional accumulation patterns sugges... (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-target-bnb-900-within-reach-despite-current-consolidation Wed, 10 Jun 2026 07:09:39 +0000 BNB's consolidation above $583 support creates a compelling risk-reward setup targeting $900-$950 over the next 18 months. Current oversold conditions and institutional accumulation patterns sugges... (Read More) Blockchain/Blockchain_News https://cryptopotato.com/how-one-guy-used-claude-code-to-discover-a-billion-dollar-bug/ Wed, 10 Jun 2026 07:08:21 +0000 A security researcher used AI-assited auditing to uncover a major flaw in the Zcash protocol that could have allowed undetectable counterfeit ZEC inside the network's Orchard shielded pool. Blockchain/CryptoPotato https://cryptopotato.com/how-one-guy-used-claude-code-to-discover-a-billion-dollar-bug/ Wed, 10 Jun 2026 07:08:21 +0000 A security researcher used AI-assited auditing to uncover a major flaw in the Zcash protocol that could have allowed undetectable counterfeit ZEC inside the network's Orchard shielded pool. Blockchain/CryptoPotato https://Blockchain.News/news/20260610-price-prediction-eth-1800-breakout-or-1400-collapse-in Wed, 10 Jun 2026 07:06:18 +0000 Ethereum trades at $1,634 in deep oversold conditions while smart money maintains 75% long positioning, setting up a high-probability bounce to $1,800 or capitulation breakdown to $1,400. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-price-prediction-eth-1800-breakout-or-1400-collapse-in Wed, 10 Jun 2026 07:06:18 +0000 Ethereum trades at $1,634 in deep oversold conditions while smart money maintains 75% long positioning, setting up a high-probability bounce to $1,800 or capitulation breakdown to $1,400. (Read More) Blockchain/Blockchain_News https://cryptopotato.com/dogecoin-whales-buy-the-dip-as-doge-hit-14-month-low/ Wed, 10 Jun 2026 07:05:36 +0000 Meanwhile, the spot DOGE ETFs continue to disappoint with lackluster performance. Blockchain/CryptoPotato https://cryptopotato.com/dogecoin-whales-buy-the-dip-as-doge-hit-14-month-low/ Wed, 10 Jun 2026 07:05:36 +0000 Meanwhile, the spot DOGE ETFs continue to disappoint with lackluster performance. Blockchain/CryptoPotato https://cointelegraph.com/news/chainalysis-south-korean-police-link-up-to-fight-crypto-crime?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 07:03:20 +0000 South Korea's national police has been battling crypto-enabled crimes from DPRK-state level threats to scams targeting retail investors. Blockchain/Cointelegraph https://cointelegraph.com/news/chainalysis-south-korean-police-link-up-to-fight-crypto-crime?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 07:03:20 +0000 South Korea's national police has been battling crypto-enabled crimes from DPRK-state level threats to scams targeting retail investors. Blockchain/Cointelegraph https://Blockchain.News/news/20260610-btc-price-prediction-58k-test-before-15-relief-rally-to-71k Wed, 10 Jun 2026 07:02:27 +0000 Bitcoin's -3% plunge to $61,446 creates oversold conditions with RSI at 23.76, setting up a probable bounce to $71K after testing critical $58K support first. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/20260610-btc-price-prediction-58k-test-before-15-relief-rally-to-71k Wed, 10 Jun 2026 07:02:27 +0000 Bitcoin's -3% plunge to $61,446 creates oversold conditions with RSI at 23.76, setting up a probable bounce to $71K after testing critical $58K support first. (Read More) Blockchain/Blockchain_News https://cointelegraph.com/news/blockchaincom-launches-247-institutional-perpetuals-adds-spacex-pre-ipo-trading?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 07:00:00 +0000 The exchange joins Binance, Kraken, Bybit and Coinbase rolling out products tied to SpaceX's anticipated public debut. Blockchain/Cointelegraph https://cointelegraph.com/news/tether-backs-neura-robotics-in-up-to-14b-round-for-autonomous-payments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 07:00:00 +0000 NEURA plans to integrate Tether's wallet and AI technologies into its robotics platform, enabling autonomous payments and on-device computing for machines. Blockchain/Cointelegraph https://cointelegraph.com/news/blockchaincom-launches-247-institutional-perpetuals-adds-spacex-pre-ipo-trading?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 07:00:00 +0000 The exchange joins Binance, Kraken, Bybit and Coinbase rolling out products tied to SpaceX's anticipated public debut. Blockchain/Cointelegraph https://cointelegraph.com/news/tether-backs-neura-robotics-in-up-to-14b-round-for-autonomous-payments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 07:00:00 +0000 NEURA plans to integrate Tether's wallet and AI technologies into its robotics platform, enabling autonomous payments and on-device computing for machines. Blockchain/Cointelegraph https://cointelegraph.com/news/hyperliquid-paradigm-urge-revision-of-genius-money-laundering-rule?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 06:40:53 +0000 The Hyperliquid Policy Center and Paradigm say the Treasury’s money-laundering rules for the GENIUS Act are too onerous for stablecoin issuers. Blockchain/Cointelegraph https://cointelegraph.com/news/hyperliquid-paradigm-urge-revision-of-genius-money-laundering-rule?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 06:40:53 +0000 The Hyperliquid Policy Center and Paradigm say the Treasurys money-laundering rules for the GENIUS Act are too onerous for stablecoin issuers. Blockchain/Cointelegraph https://news.bitcoin.com/morpho-raises-175m-at-2b-valuation-as-paradigm-and-a16z-back-defi-push/ Wed, 10 Jun 2026 06:30:26 +0000 Morpho has raised $175 million in a funding round led by Paradigm, A16z Crypto, and Ribbit Capital. The DeFi lending protocol is now valued at about $2 billion as it expands from crypto-native markets into institutional finance. Morpho Targets Institutional Finance as TVL Hits $6.6B Morpho has raised $175 million in fresh funding, giving the [] Blockchain/Bitcoin_News https://cryptopotato.com/retail-writes-off-ethereum-making-recovery-more-likely-santiment/ Wed, 10 Jun 2026 06:26:56 +0000 Retail traders have written off Ethereum as it falls to bear market lows, but there could be a positive outcome. Blockchain/CryptoPotato https://cryptopotato.com/retail-writes-off-ethereum-making-recovery-more-likely-santiment/ Wed, 10 Jun 2026 06:26:56 +0000 Retail traders have written off Ethereum as it falls to bear market lows, but there could be a positive outcome. Blockchain/CryptoPotato https://Blockchain.News/news/crypto-industry-urges-senate-clarity-act Wed, 10 Jun 2026 06:15:10 +0000 Over 200 crypto firms push U.S. Senate to pass the CLARITY Act, a crucial regulatory bill for digital assets, before the midterm elections this November. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/crypto-industry-urges-senate-clarity-act Wed, 10 Jun 2026 06:15:10 +0000 Over 200 crypto firms push U.S. Senate to pass the CLARITY Act, a crucial regulatory bill for digital assets, before the midterm elections this November. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/hyperliquid-paradigm-fincen-genius-rule Wed, 10 Jun 2026 06:06:10 +0000 Hyperliquid and Paradigm urge FinCEN to revise GENIUS Act rules, warning that overreach on secondary markets could undermine DeFi and U.S. stablecoins. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/hyperliquid-paradigm-fincen-genius-rule Wed, 10 Jun 2026 06:06:10 +0000 Hyperliquid and Paradigm urge FinCEN to revise GENIUS Act rules, warning that overreach on secondary markets could undermine DeFi and U.S. stablecoins. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/prediction-markets-insider-trading-research Wed, 10 Jun 2026 05:59:10 +0000 New research suggests optimal enforcement of insider trading in prediction markets lies between extremes, as lawmakers and regulators target violations. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/prediction-markets-insider-trading-research Wed, 10 Jun 2026 05:59:10 +0000 New research suggests optimal enforcement of insider trading in prediction markets lies between extremes, as lawmakers and regulators target violations. (Read More) Blockchain/Blockchain_News https://cointelegraph.com/news/prediction-markets-need-a-little-insider-trading-academic-research-finds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 05:55:19 +0000 “The same insider trade that improves the accuracy of the price today can reduce the participation that makes the price informative tomorrow,” said Balbinder Singh Gill. Blockchain/Cointelegraph https://cointelegraph.com/news/prediction-markets-need-a-little-insider-trading-academic-research-finds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Wed, 10 Jun 2026 05:55:19 +0000 The same insider trade that improves the accuracy of the price today can reduce the participation that makes the price informative tomorrow, said Balbinder Singh Gill. Blockchain/Cointelegraph https://www.coindesk.com/markets/2026/06/10/live-updates-what-next-for-bitcoin-as-it-faces-headwinds-from-fed-rates-to-claude-s-mythos Wed, 10 Jun 2026 05:47:56 +0000 Blockchain/CoinDesk https://www.coindesk.com/markets/2026/06/10/live-updates-what-next-for-bitcoin-as-it-faces-headwinds-from-fed-rates-to-claude-s-mythos Wed, 10 Jun 2026 05:47:56 +0000 Blockchain/CoinDesk https://news.bitcoin.com/nyc-hotel-prices-surge-as-one-back-of-house-role-heads-past-100000-a-year-49201/ Wed, 10 Jun 2026 05:30:24 +0000 $61 an hour by 2034 is where union housekeeper pay is headed under a strike-averting deal that lifts wages 50% over eight years, putting full-time earnings at $100,000 to $110,000 by 2032. In a market where Manhattan rooms already average between $500 and $600 a night, rates are expected to climb another 50% to 60% [] Blockchain/Bitcoin_News https://www.newsbtc.com/analysis/solana-sol-back-defensive-65/ Wed, 10 Jun 2026 05:28:33 +0000 Solana failed to stay above $67 and corrected some gains. SOL price is moving lower and might aim for another increase if it stays above $63.00. SOL price started a downside correction below $66 against the US Dollar. The price is now trading below $65 and the 100-hourly simple moving average. There was a break below a bullish trend line with support at $66 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $63 zone. Solana Price Dips Again Solana price failed to stay above $67 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $66 and $65 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $60.12 swing low to the $67.90 high. There was a break below a bullish trend line with support at $66 on the hourly chart of the SOL/USD pair. The price even tested the $63.20 support. Solana is now trading below $65 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $65 level. The next major resistance is near the $66 level. The main resistance could be $67.20. A successful close above the $67.20 resistance zone could set the pace for another steady increase. The next key resistance is $68. Any more gains might send the price toward the $70 level. Downside Break In SOL? If SOL fails to rise above the $66 resistance, it could start another decline. Initial support on the downside is near the $63.10 zone and the 61.8% Fib retracement level of the upward wave from the $60.12 swing low to the $67.90 high. The first major support is near the $62.20 level. A break below the $62.20 level might send the price toward the $60 support zone. If there is a close below the $60 support, the price could decline toward the $55 support in the near term. Technical Indicators Hourly MACD The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) The RSI for SOL/USD is below the 50 level. Major Support Levels $63.10 and $62.50. Major Resistance Levels $65.00 and $67.20. Blockchain/NewsBTC https://www.coindesk.com/markets/2026/06/10/xrp-drops-4-5-as-heavy-selling-breaks-another-support-level Wed, 10 Jun 2026 05:24:42 +0000 Blockchain/CoinDesk https://www.coindesk.com/markets/2026/06/10/xrp-drops-4-5-as-heavy-selling-breaks-another-support-level Wed, 10 Jun 2026 05:24:42 +0000 Blockchain/CoinDesk https://www.coindesk.com/markets/2026/06/10/bitcoin-etfs-are-no-bigger-today-than-when-trump-won-the-election Wed, 10 Jun 2026 05:13:53 +0000 Blockchain/CoinDesk https://www.coindesk.com/markets/2026/06/10/bitcoin-etfs-are-no-bigger-today-than-when-trump-won-the-election Wed, 10 Jun 2026 05:13:53 +0000 Blockchain/CoinDesk https://www.newsbtc.com/xrp-news/xrp-leverage-flush-hits-bybit-while-binance-holds-the-line-analyst-explains-rare-setup/ Wed, 10 Jun 2026 05:00:08 +0000 XRP is struggling around $1.15 as fear and uncertainty define the current market environment, and holders search for evidence that the current level represents support rather than a temporary pause before further decline. The price is under pressure and a CryptoQuant analyst has identified a derivatives reset that occurred during the latest sell-off that reveals a sharp divergence between two of the largest XRP trading venues in the world. Related Reading: Ethereum OG Nails The Crash: Sells $188M, Buys Back Lower The sell-off triggered a forced deleveraging event on Bybit that the data makes impossible to dismiss. XRP open interest on Bybit fell to approximately $181 million its lowest level since February 13, when it stood near $180 million. The current reading represents a 36% decline from Bybits recent peak of $283 million on May 22. A third of the leveraged XRP positioning on one of the most active derivatives venues in the market was flushed out in a compressed timeframe the behavioral signature of forced exits rather than voluntary position management. Binance tells a completely different story. XRP open interest on Binance remained near $246 million following the same price decline only approximately 2.4% below its recent high of $252 million recorded on June 2. While Bybit was experiencing a 36% open interest contraction, Binance was holding its positioning almost entirely intact. Two major venues. The same asset. The same price decline. Completely opposite derivative responses. The divergence between them is the structural signal that the CryptoQuant analysis examines and what it reveals about the health of the current XRP market structure at $1.15 is the most important analytical question the data is currently raising. The Next Move Comes From One Exchange The liquidation data confirms what the open interest divergence implied. XRPs decline was not driven purely by spot selling forced exits from leveraged long positions amplified and accelerated the move. Multiple liquidation events exceeded $3.5 million with long liquidations dominating throughout. The futures volume data adds the scale context. On June 5, Binance recorded approximately $1.85 billion in XRP futures volume. Bybit contributed $727 million, OKX $429 million, and Bitget $423 million a combined $3.43 billion across four venues in a single session. The derivatives market was not disengaged during the decline. It was processing an enormous volume of forced and voluntary position changes simultaneously. XRP Futures Trading Volume By Exchange | Source: CryptoQuant The recovery from the $1.055 low back above $1.14 a rebound exceeding 8% provides evidence that the sell-off contained a leverage flush component rather than representing a complete breakdown in underlying demand. When forced liquidations drive a significant portion of the decline, the price tends to recover once exits are complete and genuine buyers emerge. The structure that remains is specific. Bybit has deleveraged sharply with open interest reset to February levels fragile positioning cleared. Binance remains near its recent highs with positioning almost entirely intact. The next major XRP derivatives development will originate from Binance the venue carrying the most residual exposure and the exchange that has not yet experienced the reset Bybit completed during the sell-off. Related Reading: XRP Just Printed A Rare Binance Signal As Market Volatility Accelerates XRP Clings To $1.15 After Losing Key Support XRP is trading around $1.15 after a prolonged decline that has erased much of the advance generated during the second half of 2025. The chart shows a market that remains under pressure, but one that is also approaching a critical inflection point after testing its lowest levels of the year. XRP consolidates below $1.15 level | Source: XRPUSDT chart on TradingView The dominant feature on the 3-day timeframe is the persistent sequence of lower highs and lower lows that began after XRP peaked near $3.50. Every major recovery attempt since then has been rejected beneath the previous swing high, confirming that sellers remain in control of the broader trend. More recently, XRP lost the important $1.25-$1.30 support area, triggering another leg lower toward the psychological $1.10 region. Related Reading: Why Did Bitcoin Crash? On-Chain Data Points To One Missing Ingredient From a structural perspective, the current price zone is significant because it sits near the lows established during the first quarter correction. Buyers have repeatedly defended this area, preventing a complete breakdown despite multiple tests. However, the rebound attempts have been weak, indicating that demand remains limited. The moving averages continue to reflect bearish conditions. XRP is trading below the 50-period, 100-period, and 200-period moving averages, while the 50-period average is acting as dynamic resistance near $1.40. Until price reclaims that level, any bounce remains technically corrective rather than trend-changing. The key support remains between $1.05 and $1.10. A decisive loss of that zone could expose XRP to a deeper retracement toward the $0.90-$1.00 region. Conversely, reclaiming $1.30 and then $1.40 would be the first signal that buyers are beginning to regain control after months of sustained weakness. Featured image from ChatGPT, chart from TradingView.com Blockchain/NewsBTC https://news.bitcoin.com/masspay-expands-circle-integration-with-usdc-payouts-giving-firms-new-treasury-options/ Wed, 10 Jun 2026 04:30:56 +0000 Masspay has expanded its integration with Circles Managed Payments service to allow businesses to facilitate stablecoin payouts and treasury operations without the complexity of direct digital asset management. Abstracting Blockchain Complexity Global payouts platform Masspay has expanded its integration with Circle Payments Networks Managed Payments service, enabling businesses to fund and make payments using stablecoins [] Blockchain/Bitcoin_News https://www.newsbtc.com/analysis/xrp/xrp-price-on-shaky-ground-1-10/ Wed, 10 Jun 2026 04:28:41 +0000 XRP price started a downside correction below the $1.1840 zone. The price is now showing bearish signs and might decline further below $1.10. XRP price started a downside correction after it failed to stay above the $1.1750 zone. The price is now trading below $1.150 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $1.1620 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.150. XRP Price Dips Once Again XRP price struggled to stay above $1.1620 and started a fresh decline, like Bitcoin and Ethereum. The price dipped below the $1.160 and $1.1550 levels. There was a break below a bullish trend line with support at $1.1620 on the hourly chart of the XRP/USD pair. The price even traded below the 38.2% Fib retracement level of the upward move from the $1.050 swing low to the $1.1863 high. The price is now trading below $1.160 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.1350 level. The first major resistance is near the $1.1420 level, above which the price could rise and test $1.150. A clear move above the $1.150 resistance might send the price toward the $1.1580 resistance. Any more gains might send the price toward the $1.1650 resistance. The next major hurdle for the bulls might be near $1.1840. More Downside? If XRP fails to clear the $1.150 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.1020 level or the 61.8% Fib retracement level of the upward move from the $1.050 swing low to the $1.1863 high. The next major support is near the $1.1072 level. If there is a downside break and a close below the $1.1072 level, the price might continue to decline toward $1.1020. The next major support sits near the $1.10 zone, below which the price could continue lower toward $1.080. Any more losses might call for a test of $1.050. Technical Indicators Hourly MACD The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) The RSI for XRP/USD is now below the 50 level. Major Support Levels $1.1020 and $1.080. Major Resistance Levels $1.1500 and $1.1840. Blockchain/NewsBTC https://Blockchain.News/news/anthropic-launches-claude-fable-5 Wed, 10 Jun 2026 04:13:29 +0000 Anthropic debuts Claude Fable 5, its first public Mythos-class AI model, combining state-of-the-art performance with new safety safeguards. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/anthropic-launches-claude-fable-5 Wed, 10 Jun 2026 04:13:29 +0000 Anthropic debuts Claude Fable 5, its first public Mythos-class AI model, combining state-of-the-art performance with new safety safeguards. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/anthropic-claude-mythos-crypto-security Wed, 10 Jun 2026 04:01:05 +0000 Anthropic's Claude Mythos AI, now public, raises fears in the DeFi space due to its vulnerability discovery capabilities. Experts debate its impact. (Read More) Blockchain/Blockchain_News https://www.newsbtc.com/analysis/eth/ethereum-price-looks-vulnerable-1650/ Wed, 10 Jun 2026 03:48:51 +0000 Ethereum price started a downside correction from $1,720. ETH must clear the $1,670 and $1,700 resistance levels to continue higher. Ethereum started a downside correction below the $1,620 zone. The price is trading below $1,665 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $1,700 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,680 zone. Ethereum Price Resumes Decline Ethereum price failed to stay above the $1,700 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $1,680 and $1,665 levels. There was a break below a bullish trend line with support at $1,700 on the hourly chart of ETH/USD. The bears pushed the price below the 38.2% Fib retracement level of the upward move from the $1,505 swing low to the $1,719 high. However, the bulls were active near the $1,610 level. Ethereum price is now trading below $1,680 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,610, the price could attempt another increase. Immediate resistance is seen near the $1,665 level. The first key resistance is near the $1,680 level. The next major resistance is near the $1,710 level. A clear move above the $1,710 resistance might send the price toward the $1,750 resistance. An upside break above the $1,750 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $1,840 resistance zone or even $1,850 in the near term. Downside Continuation In ETH? If Ethereum fails to clear the $1,710 resistance, it could start a fresh decline. Initial support on the downside is near the $1,610 level. The first major support sits near the $1,585 zone or the 61.8% Fib retracement level of the upward move from the $1,505 swing low to the $1,719 high. A clear move below the $1,585 support might push the price toward the $1,550 support. Any more losses might send the price toward the $1,520 region. The main support could be $1,500. Technical Indicators Hourly MACD The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI The RSI for ETH/USD is now below the 50 zone. Major Support Level $1,550 Major Resistance Level $1,710 Blockchain/NewsBTC https://cryptopotato.com/xrp-activity-and-investor-capitulation-hit-extremes-what-it-means-for-ripple/ Wed, 10 Jun 2026 03:46:55 +0000 Data indicates that a significant portion of XRP holders remain under pressure, while transaction demand continues to sit well below previous cycle highs. Blockchain/CryptoPotato https://news.bitcoin.com/wintermute-warns-bitcoin-bottom-is-unclear-with-etf-outflows-near-3b/ Wed, 10 Jun 2026 03:30:53 +0000 Wintermute said bitcoins latest decline was driven mainly by U.S. institutional selling and ETF outflows, not Strategys small BTC sale. The firm warned that capital inflows have not returned, making it too early to call a market bottom. Wintermute Sees Early Bitcoin Accumulation but Says Recovery Lacks Confirmation Bitcoins sharp fall below $62,000 was driven [] Blockchain/Bitcoin_News https://www.newsbtc.com/altcoin/spacex-exposure-comes-to-bybit-through-new-tokenized-product-details/ Wed, 10 Jun 2026 03:30:29 +0000 Bybit users who subscribe to the exchanges new IPO Express product and receive an allocation may be in for a surprise: if the final offering price comes in within 20% of the indicative price they agreed to, their order gets executed automatically, without any additional confirmation required. Related Reading: Security Milestone: XRP Lending Protocol Completes Military-Grade Assessment Launched June 7, IPO Express lets eligible Bybit users subscribe to tokenized representations of IPO shares at the offering price, with SpaceX as its first listing under the token ticker SPCX. Subscriptions run through June 11, with spot trading scheduled to open June 12. What The Token Actually Gives You The product is built on Payward Services xStocks platform Payward being the parent company of Kraken, which has separately opened SpaceX IPO access to retail clients in over 110 countries through the same infrastructure. Each token is backed 1:1 by actual SpaceX equity held in regulated broker-dealer custody, which sets it apart from the synthetic pre-IPO perpetual contracts that Hyperliquid and Binance list, where no underlying shares change hands. But owning SPCX does not make someone a SpaceX shareholder. According to Bybits published terms, the tokens confer no voting rights, no dividend rights, and no direct legal or beneficial ownership in SpaceX equity. Holders have no claim against SpaceX itself. What they get is exposure to the economic performance of the share price and nothing beyond that. Not Everyone Can Get In Access is restricted in two ways. First, the product is limited to Bybit users who have reached VIP or PRO tier status, a threshold typically tied to trading volume or asset holdings, in addition to completing identity verification. Second, the offering is entirely off-limits to residents of the European Economic Area, covering all 27 EU member states plus Iceland, Liechtenstein, and Norway. Bybit states it holds no license or authorization under MiCA or any applicable EEA financial services regime for this product. The exclusion is notable given that SpaceXs IPO has already shut out investors in mainland China and Hong Kong under US International Traffic in Arms Regulations. The tokenized access path that was positioned as a workaround carries its own exclusions. SpaceXs IPO has drawn approximately $150 billion in demand against a $75 billion raise, meaning even VIP-tier subscribers who qualify may receive partial allocations. Related Reading: Has The Bitcoin Price Crash Ended Or Is This Just The Beginning? Analyst Answers Funds are frozen from the moment a subscription order is submitted until results are announced, or up to five business days if the event is cancelled. What Comes After SpaceX Bybits announcement positions IPO Express as a recurring platform, not a one-time product. Reports indicate that subsequent major IPOs including potentially OpenAI and Anthropic could see similar tokenized access products rolled out through Bybit, Kraken, and other xStocks-based platforms. Featured image from Pexels, chart from TradingView Blockchain/NewsBTC https://www.newsbtc.com/analysis/btc/bitcoin-price-back-under-pressure-60k/ Wed, 10 Jun 2026 03:13:52 +0000 Bitcoin price started a downside correction from the $64,600 zone. BTC is showing bearish signs and might continue lower below $61,200. Bitcoin failed to stay above $64,000 and extended losses. The price is trading below $62,800 and the 100 hourly simple moving average. There was a break below a bullish trend line with support at $62,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $62,500 and $62,200 levels. Bitcoin Price Dips Again Bitcoin price failed to clear the $64,500 resistance zone. BTC started a downside correction and declined below the key support at $63,500 to enter a bearish zone. There was a move below the 50% Fib retracement level of the upward move from the $59,070 swing low to the $64,613 high. Besides, there was a break below a bullish trend line with support at $62,500 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $62,500 and the 100 hourly simple moving average. If the price remains stable above $61,500, it could attempt a fresh increase. Immediate resistance is near the $62,000 level. The first key resistance is near the $62,200 level. A close above the $62,200 resistance might send the price further higher. In the stated case, the price could rise and test the $64,000 resistance. The next resistance could be near the $64,500 level. Any more gains might send the price toward the $66,000 level. The main hurdle for the bulls could be $66,500. Downside Extension In BTC? If Bitcoin fails to rise above the $62,500 resistance zone, it could start another decline. Immediate support is near the $61,200 level or the 61.8% Fib retracement level of the upward move from the $59,070 swing low to the $64,613 high. The first major support is near the $60,950 level. The next support is now near the $60,200 zone. Any more losses might send the price toward the $59,000 support in the near term. The main support now sits at $58,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) The RSI for BTC/USD is now below the 50 level. Major Support Levels $61,200, followed by $60,200. Major Resistance Levels $62,500 and $64,000. Blockchain/NewsBTC https://news.bitcoin.com/can-spacex-ipo-deliver-devere-says-real-test-comes-after/ Wed, 10 Jun 2026 02:30:09 +0000 SpaceXs expected market debut could test whether public investors still have patience for massive private-market valuations. Devere Group says the real challenge will begin after the IPO, when investors start judging growth, spending, execution, and profitability quarter by quarter. SpaceXs June Debut Could Test Public Demand for Historic IPO SpaceXs long-awaited stock market debut is [] Blockchain/Bitcoin_News https://www.newsbtc.com/bitcoin-news/bitcoin-flashes-one-of-its-rarest-demand-signals-in-six-years-details/ Wed, 10 Jun 2026 02:30:04 +0000 Bitcoin is holding above $62,000 after the massive drop that defined last weeks market action and erased months of recovery progress in a matter of days. The price is stabilizing but analyst MorenoDV has published a demand analysis that places the current market conditions in a historical context that makes the stability feel considerably more fragile than the held price level suggests. Related Reading: XRP Just Printed A Rare Binance Signal As Market Volatility Accelerates Bitcoin demand has entered one of its most extreme contraction regimes since 2019. The 30-day growth of combined spot and perpetual futures demand has fallen toward -650,000 BTC a threshold that has been reached only three times across the charts entire history. The rarity of the reading is the first signal that the current environment is not a routine demand slowdown but something structurally more severe. The architecture of the contraction is what makes MorenoDVs analysis particularly significant. Spot demand and perpetual futures demand are contracting simultaneously meaning the weakness is not isolated to speculative leverage unwinding. Organic buyers who would normally absorb declining prices through spot purchases and derivatives participants who express directional conviction through futures exposure are both withdrawing at the same time. The two demand streams that together provide Bitcoins marginal buying capacity are disappearing in parallel rather than one offsetting the other. What remains is a market with fewer buyers, less capacity to absorb selling pressure, and a demand structure that has only looked this extreme on three previous occasions in Bitcoins modern market history. Three Times in History and the Previous Two Were Not Bottoms Yet The MorenoDV analysis applies the historical framework that prevents the extreme demand contraction reading from being interpreted as automatic capitulation confirmation. The two previous occasions when combined demand fell toward the -650,000 BTC threshold carried specific and instructive implications that the current setup should be evaluated against. Bitcoin Spot and Perpetual Futures Demand Growth | Source: CryptoQuant The first breakdown toward this level occurred before the COVID crash demand deterioration was already developing before the final liquidity shock arrived. The metric reaching extreme contraction was not the bottom. It was the early warning that preceded the actual capitulation event that followed weeks later. The 2022 bear market showed a similar distinction. Extreme demand contraction reflected deep structural deterioration rather than marking the floor. The subsequent interactions with higher support zones occurred as the market moved through its broader bottoming and rebuilding process a prolonged sequence rather than a single decisive moment. The current setup therefore resembles the beginning of a final cleansing phase more than a confirmed reversal. MorenoDV identifies the most probable path as an initial expansion in volatility followed by what the analysis describes as price anesthesia weak momentum, compressed activity, and prolonged sideways action that exhausts remaining participants without delivering the dramatic capitulation event that would provide psychological closure. That phase may prove more damaging than the sell-off itself. Sharp declines create fear but also resolve they force decisions and clear positions. Extended sideways action at depressed levels erodes conviction gradually, tests patience beyond its limits, and tends to shake out holders who survived the initial drop but cannot endure the silence that follows it. Related Reading: Ethereum OG Nails The Crash: Sells $188M, Buys Back Lower Bitcoin Price Testing Critical Demand Bitcoin is attempting to stabilize above the $62,000 level after one of the sharpest selloffs of the cycle erased the May recovery and drove price back into a critical long-term support region. On the weekly chart, BTC is currently trading directly above the 100-week moving average (red line), which has acted as a major support level throughout previous corrective phases. The fact that buyers stepped in near this area suggests that long-term participants still view the zone as attractive despite the recent weakness. Bitcoin testing key demand level | Source: BTCUSDT chart on TradingView However, the broader technical structure remains fragile. The rejection from the $72,000$74,000 resistance zone confirmed that previous support has now become resistance. Bitcoin failed to reclaim that range and subsequently broke below the consolidation area that held between March and May, triggering a rapid decline toward the current support region. Related Reading: Why Did Bitcoin Crash? On-Chain Data Points To One Missing Ingredient The key level to watch remains the $60,000$63,000 region. Holding above it would preserve the possibility of a prolonged base formation. A decisive break below that zone could expose Bitcoin to a deeper retracement toward the mid-$50,000s. To regain momentum, bulls must reclaim the former support zone near $66,000 and eventually challenge resistance around $72,000. Until then, the trend remains defensive despite the recent bounce. Featured image from ChatGPT, chart from TradingView.com Blockchain/NewsBTC https://news.bitcoin.com/61-crypto-leaders-urge-senate-to-pass-clarity-act-with-developer-protections/ Wed, 10 Jun 2026 01:30:16 +0000 A coalition of 61 industry leaders, founders, and investors is urging Senate leaders to pass the CLARITY Act while preserving key developer protections. The push follows Senate Banking Committee approval of the Blockchain Regulatory Certainty Act (BRCA) that would clarify rules for developers and service providers. Developer Protections Move to Center of US Crypto Regulation [] Blockchain/Bitcoin_News https://Blockchain.News/news/physical-ai-nvidia-next-wave Wed, 10 Jun 2026 01:05:12 +0000 Physical AI is advancing robotics and automation. NVIDIA, ABB, and others are positioning for this emerging trend. Here's what it means for investors. (Read More) Blockchain/Blockchain_News https://www.newsbtc.com/xrp-news/every-xrp-time-frame-oversold/ Wed, 10 Jun 2026 01:00:14 +0000 XRP is now oversold across all major time frames, signaling weakening momentum as its price continues to test key support levels. Crypto analyst Dark Defender revealed that this could be the bullish signal the broader market has been waiting for, suggesting a potential rebound may be on the horizon. He based his outlook on historical patterns, noting that the last time XRP reached similar oversold conditions, the cryptocurrency experienced a sharp rally to new highs. XRP Oversold Levels Signal Explosive Triple-Digit Rally In an X post on June 6, Dark Defender noted that XRPs Relative Strength Index (RSI) is showing extreme downward pressure, as the cryptocurrency has fallen into deep oversold territory across multiple chart views. According to the analyst, the last time XRP fully confirmed this textbook oversold structure was when it traded around $0.56 in 2024. After which, the cryptocurrencys price exploded to $3.66, representing a more than 550% gain. Related Reading: Analyst Says XRP Is About To Have A Phoenix Moment, What This Means For Price Dark Defender highlighted that XRP is currently trading above $1.10 and has reached the same oversold levels. If historical trends play out as expected, the analyst believes that XRP could experience a similar price surge. Specifically, Dark Defender is projecting a double or triple-digit rally for XRP. He noted that this price reversal is closer than investors think, highlighting his confidence in XRPs ability to break out of its ongoing downtrend. While historical trends can provide insight into how a cryptocurrency could move, they do not automatically guarantee its price direction. In 2024, XRP did not just run straight to $3.6; it also confirmed a bottom around $0.5 before reaching that target. Following the analysts logic, it could mean that XRP has confirmed its price floor for this cycle, setting the stage for a renewed bull trend. If this is true, it would officially end XRPs bear market trend, which has been ongoing since the beginning of the year. Notably, CoinMarketCap data show that XRP has fallen more than 12% over the past two weeks and more than 18% over the last month. These price declines have been fueled by massive selling pressure, weak structure, and a lack of bullish drivers. Despite its poor performance, analysts like Dark Defender still maintain strong bullish stances on XRPs long-term outlook. Analyst Says XRP Breakout Level Remains Unchanged Sharing a similar bullish projection, crypto analyst Javon Marks has declared that XRPs breakout target has not changed despite recent price declines and weak momentum. Marks projected a potential rally toward $15-$18, suggesting that XRPs underlying bullish fundamentals are still intact. He expects XRP to recover sharply from bearish trends after it breaks above the upper boundary of the triangle pattern highlighted on the accompanying chart. If this happens, it could lead to a price surge of roughly 1,100%. Featured image from Adobe Stock, chart from Tradingview.com Blockchain/NewsBTC https://Blockchain.News/news/attackers-stole-36m-unverified-defi-contracts Wed, 10 Jun 2026 00:43:55 +0000 AI-driven exploits target unverified smart contracts, costing DeFi protocols $36.7M in six months, per Chainalysis report. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/chainalysis-korean-police-crypto-crime Wed, 10 Jun 2026 00:36:55 +0000 Chainalysis signs MoU with Korean National Police Agency to enhance investigations into crypto-related crime through training and AI tools. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/chainalysis-korean-police-crypto-crime Wed, 10 Jun 2026 00:36:55 +0000 Chainalysis signs MoU with Korean National Police Agency to enhance investigations into crypto-related crime through training and AI tools. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/trump-iranian-concessions-odds-edge-higher-as-june-30-nears-0hnm6gefs4b00 Wed, 10 Jun 2026 00:03:00 +0000 On June 8, 2026, BYD, Baidu, and Alibaba were added to a U.S. list of entities aiding Beijings military. (Read More) Blockchain/Blockchain_News https://news.bitcoin.com/coinbase-ripple-join-200-organizations-pressing-senate-for-clarity-act-floor-vote/ Tue, 09 Jun 2026 23:35:10 +0000 Coinbase, Ripple, and more than 200 organizations are pushing Senate leaders to bring the CLARITY Act to a floor vote. Supporters say the bill would clarify crypto oversight, create registration paths, and keep more digital asset activity under U.S. law. Crypto Coalition Turns Senate Pressure Toward a Floor Vote Washingtons digital asset debate has moved [] Blockchain/Bitcoin_News https://Blockchain.News/news/nvidia-apple-confidential-computing-ai Tue, 09 Jun 2026 23:33:16 +0000 NVIDIA GPUs to support Apples Private Cloud Compute via Confidential Computing, expanding AI capabilities with enhanced security. (Read More) Blockchain/Blockchain_News https://www.newsbtc.com/analysis/xrp/xrp-tests-major-macro-support/ Tue, 09 Jun 2026 22:00:44 +0000 XRP is testing a major macro support level that could play a decisive role in shaping its next trend. With momentum hanging in the balance, a strong rebound could signal the start of a recovery, while weakness may leave the door open for deeper losses. XRP Finds Strong Footing At Critical 0.786 Fibonacci Support In a recent market evaluation, crypto analyst CasiTrades noted that XRP has reached its major 0.786 macro support level, currently trading at $1.09 on Coinbase. The daily timeframe currently confirms the validity of this support, as the price action has respected this critical technical marker so far. Related Reading: XRP To $1 Or A Violent Reversal? Analyst Says Liquidity Setup Is Flashing The immediate focus for traders now shifts toward how the market reacts to this placement. CasiTrades identifies $1.19 and $1.27 as the primary resistance levels to monitor. As long as the asset is capped by these levels, the broader correction remains active, leaving the door open for a potential decline toward the $0.90 support zone at the 0.854 fib level. Conversely, a shift in market sentiment could render the bearish outlook invalid. If XRP demonstrates genuine buying pressure and succeeds in breaking through the established resistances, it would suggest that the market is forming a new trend rather than consolidating for another downward wave. Ultimately, this is one of the most pivotal moments of the entire correction phase. With the major support level officially tested and reached, the next few days will be essential to determining the long-term direction of the asset. XRP Enters A Critical Macro Decision Zone According to market analyst EGRAG CRYPTO, XRP is currently positioned exactly within a critical macro decision zone. The path forward is defined by specific technical thresholds that require sustained strength to validate a trend. Related Reading: XRP Long-Awaited Wave Structure Finally Unfolds What Comes Next? Specifically, a monthly body candle close above $1.40 would suggest that the bottom was firmly established at $1.05, while reclaiming the $1.61$1.65 range would signify the official start of a bullish recovery. A definitive break above $1.70 would provide even stronger confirmation of this momentum shift. If the price can successfully hold its ground, a double-bottom formation becomes a distinct possibility, setting the stage for a more robust rally. However, if XRP fails to hold this support and loses its current momentum, the technical setup warns that a retest of the $0.80 level is highly likely. While the upside potential remains contingent on breaking through those key resistance hurdles, the downside risk remains active if the current support falters. Traders should remain cautious, as the resolution of this macro decision zone will dictate whether the asset initiates a new bullish cycle or enters a deeper retracement. Featured image from Adobe Stock, chart from Tradingview.com Blockchain/NewsBTC https://decrypt.co/370599/crypto-tax-bills-pushback-house-committee Tue, 09 Jun 2026 21:44:38 +0000 Pro-crypto Democrats questioned staking and mining tax exemptions Tuesday, while party leadership said the bills may need to wait until after the midterms. Blockchain/Decrypt https://decrypt.co/370599/crypto-tax-bills-pushback-house-committee Tue, 09 Jun 2026 21:44:38 +0000 Pro-crypto Democrats questioned staking and mining tax exemptions Tuesday, while party leadership said the bills may need to wait until after the midterms. Blockchain/Decrypt https://Blockchain.News/news/claude-managed-agents-schedule-cli-integration Tue, 09 Jun 2026 21:28:35 +0000 Claude Managed Agents now support scheduled tasks and secure CLI tool integration, streamlining enterprise AI automation. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/claude-managed-agents-schedule-cli-integration Tue, 09 Jun 2026 21:28:35 +0000 Claude Managed Agents now support scheduled tasks and secure CLI tool integration, streamlining enterprise AI automation. (Read More) Blockchain/Blockchain_News https://cryptopotato.com/defi-users-warned-to-revoke-approvals-before-anthropics-mythos-ai-launches/ Tue, 09 Jun 2026 21:24:32 +0000 Token approvals often accumulate unnoticed over time, creating potential exposure if previously trusted contracts become compromised. Blockchain/CryptoPotato https://cointelegraph.com/markets/ether-risks-revisit-of-1000-if-this-support-level-breaks-amid-leverage-reset-data?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Tue, 09 Jun 2026 21:21:47 +0000 Ether’s futures open interest fell by 25%, putting pressure on the $1,500 support level. Is a drop to $1,000 next? Blockchain/Cointelegraph https://cointelegraph.com/markets/ether-risks-revisit-of-1000-if-this-support-level-breaks-amid-leverage-reset-data?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Tue, 09 Jun 2026 21:21:47 +0000 Ethers futures open interest fell by 25%, putting pressure on the $1,500 support level. Is a drop to $1,000 next? Blockchain/Cointelegraph https://news.bitcoin.com/binance-stock-trading-400-million-bstocks/ Tue, 09 Jun 2026 21:10:40 +0000 Binances freshly launched U.S. stock-trading service has amassed more than $400 million in assets under management just one week after going live, an early sign of demand as the exchange pushes toward tokenized equities. A Fast Start for Binances Equities Push Binance, the worlds largest cryptocurrency exchange by trading volume, confirmed that its new stock-trading [] Blockchain/Bitcoin_News https://Blockchain.News/news/bitcoin-above-60k-thresholds-seen-in-polymarket-ladder-on-june-11-0hnm6daoedg40 Tue, 09 Jun 2026 21:04:28 +0000 On June 11, Bitcoin tests $60,000 as macro headwinds persist and volatility stays high. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/peru-2nd-round-narrow-fujimori-lead-drives-sub-05-margin-bets-0hnm6dajurok0 Tue, 09 Jun 2026 21:04:15 +0000 Trump tells Thune to fire the Parliamentarian, raising tensions amid a high-stakes U.S. confrontation and funding the political risk spectrum on June 8, 2026. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/peru-2nd-round-narrow-fujimori-lead-drives-sub-05-margin-bets-0hnm6dajurok0 Tue, 09 Jun 2026 21:04:15 +0000 Trump tells Thune to fire the Parliamentarian, raising tensions amid a high-stakes U.S. confrontation and funding the political risk spectrum on June 8, 2026. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/tokenized-rwa-growth-2026 Tue, 09 Jun 2026 20:57:58 +0000 Tokenized real-world assets like stocks, gold, and real estate are thriving, with institutional adoption driving a market surge of 589% since 2025. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/tokenized-rwa-growth-2026 Tue, 09 Jun 2026 20:57:58 +0000 Tokenized real-world assets like stocks, gold, and real estate are thriving, with institutional adoption driving a market surge of 589% since 2025. (Read More) Blockchain/Blockchain_News https://decrypt.co/370580/eu-orders-meta-open-whatsapp-rival-ai-chatbots Tue, 09 Jun 2026 20:36:20 +0000 The European Commission has issued interim measures forcing Meta to restore third-party AI access to the WhatsApp Business API within five days. Blockchain/Decrypt https://www.newsbtc.com/news/bitcoin/bitcoin-for-the-next-3-months/ Tue, 09 Jun 2026 20:30:13 +0000 Technical analysis of Bitcoins price action on the daily candlestick timeframe places the cryptocurrency around the same resistance region where previous relief rallies have failed, turning the current price area into a major decision point for the next phase of the market. At the time of writing, Bitcoin is trading around $62,950, and bulls are trying to stabilize above $60,000 after a recent few days of heavy selling pressure. On-chain analyst VoidOnChain has laid out a precise roadmap that maps the path from current price action, but the roadmap does not promise an immediate recovery. Bitcoin Returns To The Zone Where Relief Rallies Keep Failing The Bitcoin daily chart reveals a pattern of diminishing relief rallies, each one failing at a lower high. Looking at the earlier structure on the chart below, BTC moved through an ascending channel, pushed into a sell zone in late 2025, and then broke down. Related Reading: Has The Bitcoin Price Crash Ended Or Is This Just The Beginning? Analyst Answers The current setup shows a similar sequence, with Bitcoin already rejected from the bull trap level around $82,000 in May 2026 before sliding into the lower range. Since then, Bitcoin has been trending downwards and has broken the lower trendline of the channel. Daily candlesticks since the breakdown have been fully bearish engulfing, and this has caused the Bitcoin price to approach a buy zone below $50,000 that acted as a buy zone in 2023. Interestingly, the roadmap laid out in the chart, as shown below, begins with Bitcoin breaking below $60,000 before a move to the buy zone around $53,000 and then $47,000. What To Expect For The Next Three Months The analysts near-term outlook carries a specific sequence: $60,000 as an immediate target, $53,000 as the next key level expected as early as next week, and a deeper flush to $47,000 by July that establishes the ultimate low. This move corresponds to a C wave on the chart, the same as the C wave that played out from January to early February 2026. Related Reading: Heres Why The Bitcoin Price Is Crashing And What To Expect Next Once the corrective structure completes, VoidOnChains roadmap projects a recovery to $87,000 initially, followed by an extension to $151,000 by January 2027. The Bitcoin market is currently split between fear and buying by some savvy traders. Bears controlled the market over the weekend, but selling pressure has started to ease during the week. Strategy also added to the accumulation narrative after announcing a $101.3 million Bitcoin purchase between June 1 and June 7, acquiring 1,550 BTC at an average price of $65,333. The purchase helped calm some concerns that followed Strategys earlier Bitcoin sale, which had weighed on market sentiment. Still, many crypto analysts believe Bitcoin has yet to deliver a clear bullish confirmation, and Bitcoin might undergo another crash to an accumulation zone. Featured image from Pixabay, chart from Tradingview.com Blockchain/NewsBTC https://news.bitcoin.com/anthropic-launches-claude-fable-5-at-half-the-price-of-mythos-preview-benchmarks-top-all-rivals/ Tue, 09 Jun 2026 20:27:28 +0000 Anthropic launched Claude Fable 5 on Tuesday, releasing a Mythos-class artificial intelligence (AI) model for general use that tops rivals on coding, finance, and vision benchmarks while cutting pricing to less than half of what Claude Mythos Preview costs. What Claude Fable 5 Is Fable 5 is Anthropics most capable publicly available model. In Tuesdays [] Blockchain/Bitcoin_News https://decrypt.co/370576/seattle-man-prison-laundering-foreign-fraud-funds-bitcoin-ethereum Tue, 09 Jun 2026 20:26:11 +0000 The fraudster took in nearly $100 million from victims before laundering funds via Bitcoin, Ethereum, and stablecoins. Blockchain/Decrypt https://decrypt.co/370576/seattle-man-prison-laundering-foreign-fraud-funds-bitcoin-ethereum Tue, 09 Jun 2026 20:26:11 +0000 The fraudster took in nearly $100 million from victims before laundering funds via Bitcoin, Ethereum, and stablecoins. Blockchain/Decrypt https://cryptopotato.com/chris-jericho-to-join-and-co-create-official-community-traits-for-kokopi-koalas-nft-collection/ Tue, 09 Jun 2026 20:20:50 +0000 [PRESS RELEASE – Tampa, Florida, June 9th, 2026] Pro wrestling legend, international rock star, multi-time world champion, and lifelong collector Chris Jericho is officially joining Kokopi Koalas ahead of the June 11 mint on LaunchMyNFT: https://launchmynft.io/mint/kokopikoalas Kokopi Koalas, the customizable NFT ecosystem on Solana, today announced a collaboration with global wrestling icon, musician, actor and […] Blockchain/CryptoPotato https://cryptopotato.com/chris-jericho-to-join-and-co-create-official-community-traits-for-kokopi-koalas-nft-collection/ Tue, 09 Jun 2026 20:20:50 +0000 [PRESS RELEASE Tampa, Florida, June 9th, 2026] Pro wrestling legend, international rock star, multi-time world champion, and lifelong collector Chris Jericho is officially joining Kokopi Koalas ahead of the June 11 mint on LaunchMyNFT: https://launchmynft.io/mint/kokopikoalas Kokopi Koalas, the customizable NFT ecosystem on Solana, today announced a collaboration with global wrestling icon, musician, actor and [] Blockchain/CryptoPotato https://decrypt.co/370571/december-trial-date-us-soldier-insider-trading-polymarket Tue, 09 Jun 2026 20:09:50 +0000 The insider trading case is the government's first to center on prediction markets. Blockchain/Decrypt https://decrypt.co/370571/december-trial-date-us-soldier-insider-trading-polymarket Tue, 09 Jun 2026 20:09:50 +0000 The insider trading case is the government's first to center on prediction markets. Blockchain/Decrypt https://cointelegraph.com/news/solana-institute-ceo-clarity-act-developer-protections?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Tue, 09 Jun 2026 20:05:52 +0000 Kristin Smith urged the Senate to preserve developer protections in the CLARITY Act, arguing open-source builders should not be regulated as financial intermediaries. Blockchain/Cointelegraph https://cointelegraph.com/news/solana-institute-ceo-clarity-act-developer-protections?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Tue, 09 Jun 2026 20:05:52 +0000 Kristin Smith urged the Senate to preserve developer protections in the CLARITY Act, arguing open-source builders should not be regulated as financial intermediaries. Blockchain/Cointelegraph https://Blockchain.News/news/tokenization-pre-ipo-access Tue, 09 Jun 2026 19:58:09 +0000 Tokenized securities are opening pre-IPO investments to accredited investors, addressing liquidity and access issues in private markets. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/tokenization-pre-ipo-access Tue, 09 Jun 2026 19:58:09 +0000 Tokenized securities are opening pre-IPO investments to accredited investors, addressing liquidity and access issues in private markets. (Read More) Blockchain/Blockchain_News https://www.newsbtc.com/xrp-news/xrp-may-reach-10-by-2027-but-bearish-conditions-could-push-it-below-1-expert-says/ Tue, 09 Jun 2026 19:56:49 +0000 In a new report, market expert Sam Daodu laid out three tentative scenarios for where XRP could be heading in 2027. His projections are built around several moving parts: the CLARITY Act, the XRP Ledger (XRPL), and exchange-traded funds (ETFs). Conservative XRP Outlook Under Daodus most conservative outlook, XRP could trade between $3 and $5 by 2027. This range assumes that the CLARITY Act moves forward and that demand for XRP through ETFs grows at a steady pace rather than in dramatic bursts. Daodu argues that this unflashy kind of progress would be enough to pull XRP back toward its earlier peak levels in under two years, without requiring a major, sudden breakout. Related Reading: Dogecoin (DOGE) At $0.086Two Scenarios Ahead, Including A New 32% Crash In this scenario, Standard Chartereds $7 XRP target for 2027 sits near the optimistic end, but the $3 to $5 outcome is presented as the best fit for current conditions if nothing destabilizes the market. A more bullish case pushes XRP higher, with a forecast range of $7 to $10. For XRP to reach that upper band, the demand question would need to turn decisively in XRPs favor. From Infrastructure To Demand Daodus report points to a key catalyst: banks may need to start holding and settling in XRP itself, not just relying on stablecoins that use the XRPL network. He also notes that ETF inflows would likely have to accelerate beyond early expectations and reaching a level of several billion dollars. If both usage and buying pressure strengthen at the same time, Daodu suggests that XRP would have the combination of utility and market demand required to clear its prior highs and sustain the momentum afterward. That bullish pathway is also where Bitwises more optimistic prediction comes into view. Bitwises outlook places XRP in the $9 to $10 area, aligning closely with the idea that 2027 could be the year the altcoin finally catches up to the value implied by its infrastructure. In Daodus framing, this would be the version of events where adoption and capital inflows reinforce each otherturning what is currently more infrastructure-led into a fuller demand-driven cycle. A Real Chance Of Breaking Below $1 Daodu also outlines a downside scenario, where XRP trades below $1.50 by 2027. In his analysis, the negative path depends less on technology and more on whether sentiment stays weak for longer than the market can easily absorb. A key risk factor is the possibility that the CLARITY Act stalls past Augusts recess. At the same time, broader market conditions could keep pressure on risk assets. Finally, Ripples monthly supply pattern is described as steady, meaning it may not provide fresh demand catalysts on its own if buyers remain cautious. Related Reading: Whats Going Wrong With XRP? Expert Points To 2 Major Bearish Flips In These Key Metrics In that bearish scenario, Daodu expects XRP to spend most of 2027 somewhere between $1 and $1.50. He also notes that there is a realistic chance XRP could lose the $1 level if selling intensity continues rather than fading. However, the market may not have to wait until 2027 to see sub-$1 levels for the altcoin, as it is currently trading at around $1.12. This is a recovery from the drop to $1.05 over the weekend, but there are still concerns that this key support level could be broken in the near term. Featured image created with OpenArt; chart from TradingView.com Blockchain/NewsBTC https://cryptopotato.com/sahara-ai-denies-security-issues-as-token-price-drops-over-60/ Tue, 09 Jun 2026 19:55:22 +0000 The team said that investor and treasury allocations have not been touched, sharing on-chain records for community verification. Blockchain/CryptoPotato https://cryptopotato.com/sahara-ai-denies-security-issues-as-token-price-drops-over-60/ Tue, 09 Jun 2026 19:55:22 +0000 The team said that investor and treasury allocations have not been touched, sharing on-chain records for community verification. Blockchain/CryptoPotato https://www.coindesk.com/business/2026/06/09/securitize-ceo-says-tokenized-stocks-could-unlock-a-usd5-trillion-crypto-market Tue, 09 Jun 2026 19:49:28 +0000 Blockchain/CoinDesk https://decrypt.co/370570/quantum-clock-ticking-bitcoin-crypto-how-stellar-preparing Tue, 09 Jun 2026 19:49:05 +0000 The Stellar Development Foundation unveiled a three-step roadmap to prepare the XLM network for the coming quantum computing threat. Blockchain/Decrypt https://news.bitcoin.com/bitcoin-reverses-24-hour-rally-as-glassnode-flags-8m-btc-at-a-loss/ Tue, 09 Jun 2026 19:37:05 +0000 Amid escalating geopolitical tensions in the Middle East, bitcoin briefly dropped below $61,000 before rebounding to trade around $61,700marking a 2.9% daily loss and wiping roughly $30 billion off its market capitalization. Bitcoin Dips Amid Geopolitical Tremors On Tuesday, bitcoin reversed gains made 24 hours earlier, dipping below the $61,000 threshold amid heightened geopolitical tensions [] Blockchain/Bitcoin_News https://Blockchain.News/news/nvidia-dgx-spark-enterprise-manageability Tue, 09 Jun 2026 19:32:02 +0000 NVIDIA introduces DGX Spark Enterprise Manageability, streamlining AI system lifecycle control with advanced tools for provisioning, diagnostics, and security. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/nvidia-dgx-spark-enterprise-manageability Tue, 09 Jun 2026 19:32:02 +0000 NVIDIA introduces DGX Spark Enterprise Manageability, streamlining AI system lifecycle control with advanced tools for provisioning, diagnostics, and security. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/ai-legal-document-management-2026 Tue, 09 Jun 2026 19:23:02 +0000 AI is revolutionizing legal workflows with faster document review, contract lifecycle automation, and smarter knowledge retrieval. Here's how firms are adapting. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/ai-legal-document-management-2026 Tue, 09 Jun 2026 19:23:02 +0000 AI is revolutionizing legal workflows with faster document review, contract lifecycle automation, and smarter knowledge retrieval. Here's how firms are adapting. (Read More) Blockchain/Blockchain_News https://decrypt.co/370557/ai-malware-worm-adapts-targets-cybersecurity Tue, 09 Jun 2026 19:03:05 +0000 Researchers demonstrated an AI-powered worm that adapts to targets, generates attack strategies, and spreads across networks without cloud services. Blockchain/Decrypt https://decrypt.co/370557/ai-malware-worm-adapts-targets-cybersecurity Tue, 09 Jun 2026 19:03:05 +0000 Researchers demonstrated an AI-powered worm that adapts to targets, generates attack strategies, and spreads across networks without cloud services. Blockchain/Decrypt https://www.newsbtc.com/news/arthur-hayes-ai-stock-crash-hit-crypto/ Tue, 09 Jun 2026 19:00:00 +0000 Arthur Hayes has turned sharply defensive on risk assets, warning that an AI stock-market unwind could spill into crypto before Bitcoin eventually benefits from the liquidity response that follows. In his June 9 essay Reality Test, the BitMEX co-founder said Maelstrom has cut several crypto positions while keeping Bitcoin and Ether as core holdings. Hayes argument starts outside crypto, with oil. He frames the US-Iran conflict and reduced Strait of Hormuz traffic as the central macro variable for markets, arguing that higher hydrocarbon prices could feed inflation, constrain US political options and pressure the AI trade that has dominated capital allocation since late 2022. We start with oil and end with an election in Pax Americana, Hayes wrote. This story arc could produce a situation whereby the AI stock bubble pops and takes the entire crypto complex down with it. When the dust settles, then and only then, can Bitcoin rise from the ashes. Hayes Turns Bearish On Crypto And Risk Assets The core of Hayes thesis is that AI has absorbed the dollar liquidity that, in previous cycles, might have flowed more directly into Bitcoin and crypto. He notes that Bitcoin rose from around $15,000 after the FTX collapse to roughly $125,000 by October 2025, but says AI equities still outperformed, led by Nvidias 11x move over the same period. Since Bitcoins all-time high, he says BTC is down 50%, while Nvidia has still risen about 10%. Related Reading: Coldest Crypto Winter Ever: Bloombergs Weisenthal Lists 12 Reasons Hayes argues this divergence reflects where new fiat liquidity actually went. By his estimate, AI-related companies issued roughly $1.5 trillion of debt since November 2022, matching the $1.5 trillion increase in M2 over the same period. He adds that $1.3 trillion of that AI debt issuance occurred from 2025 onward, just as Bitcoins rally stalled. AI sucked up all created dollars, Hayes wrote. Bitcoin never had a chance. That is why, in his view, an AI correction would not immediately be bullish for crypto. Hayes expects a sharp drawdown in AI stocks to damage bank lending, tighten credit and destroy speculative capital before policymakers respond with fresh liquidity. Bitcoin cannot rally in the short term if the entire world takes serious losses from the deflation of the AI bubble globally. Eventually, it will bottom, then rise as Bitcoin forecasts an increase in liquidity to put Humpty Dumpty back together again. But right now, its about protecting ones crypto capital. Hayes identifies three potential catalysts for the AI bubble to break: higher energy costs, supply pressure from major AI-linked IPOs, and anti-AI rhetoric from Donald Trump as election politics intensify. He argues that rising oil and natural gas prices directly raise the cost of producing AI tokens, compressing margins for model companies such as Google, Anthropic and OpenAI. If usage growth slows and earnings assumptions weaken, he says the market could begin questioning future data-center capex. Related Reading: Crypto Is A Failed Asset Class, Says Renowned Economist The IPO calendar is another pressure point. Hayes says SpaceX, Anthropic and OpenAI could test the markets ability to absorb enormous supply at elevated valuations. He focuses in particular on SpaceX, writing that its S-1 implies investors would pay roughly 100x sales, with only 4% to 5% of shares floated initially. He says SpaceX would immediately become a $1.8 trillion company, ranking seventh globally by market cap, while its float could increase fivefold by early September. Hayes also sees the Federal Reserve as unlikely to rescue risk assets immediately. He says the two-year Treasury yield trading more than 0.5 percentage points above the effective fed funds rate implies the market is pricing pressure for tighter policy, not cuts, ahead of the June 16-17 meeting. A hawkish hold, in his view, would add another headwind to AI equities and crypto. The portfolio response has already started. Hayes said Maelstrom has moved long US-listed energy producers and exited several non-core crypto positions. I dumped HYPE, NEAR, and WLD last week, he wrote. I also dumped ZEC because of the Orchard Pool bug. I wish I didnt have to do that, but capital preservation is more important than capital appreciation. Bitcoin and Ether remain. Hayes described Ether as dead but functional, saying he has no immediate reason to liquidate it. For Bitcoin, his base case is more volatile: a near-term drawdown if the AI bubble bursts, followed by a stronger rebound once the financial system requires another major liquidity injection. At press time, BTC traded at $62,638. Featured image created with DALL.E, chart from TradingView.com Blockchain/NewsBTC https://Blockchain.News/news/nvidia-tensorrt-fp8-quantization-ai Tue, 09 Jun 2026 18:50:47 +0000 NVIDIA TensorRT optimizes AI inference with FP8 quantization, offering faster performance and smaller models for scalable deployment. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/nvidia-tensorrt-fp8-quantization-ai Tue, 09 Jun 2026 18:50:47 +0000 NVIDIA TensorRT optimizes AI inference with FP8 quantization, offering faster performance and smaller models for scalable deployment. (Read More) Blockchain/Blockchain_News https://news.bitcoin.com/circle-deploys-cirbtc-on-ethereum-letting-btc-holders-tap-defi-without-selling/ Tue, 09 Jun 2026 18:50:13 +0000 Circle has launched cirBTC on Ethereum, allowing institutions and BTC holders to deploy bitcoin as collateral in decentralized finance ( DeFi) markets without selling their underlying position. What cirBTC Is Every cirBTC token is backed 1:1 by native bitcoin. The underlying BTC is held at a regulated Circle entity and kept separate from the companys [] Blockchain/Bitcoin_News https://decrypt.co/370556/anthropic-rolls-out-claude-mythos-5-ai-model-safer-fable-public Tue, 09 Jun 2026 18:38:37 +0000 Anthropic has released a full version of its cybersecurity-centric Claude Mythos modelalong with a safer version for the general public. Blockchain/Decrypt https://cryptopotato.com/over-535000-link-holders-signal-quiet-chainlink-accumulation-amid-market-uncertainty/ Tue, 09 Jun 2026 18:37:12 +0000 LINK remains below cycle highs, yet wallet growth continues accelerating. Blockchain/CryptoPotato https://cryptopotato.com/over-535000-link-holders-signal-quiet-chainlink-accumulation-amid-market-uncertainty/ Tue, 09 Jun 2026 18:37:12 +0000 LINK remains below cycle highs, yet wallet growth continues accelerating. Blockchain/CryptoPotato https://news.bitcoin.com/xrp-flashes-intense-capitulation-signal-as-holders-take-losses/ Tue, 09 Jun 2026 18:05:01 +0000 XRP holders are increasingly taking losses as market sentiment weakens following the tokens earlier surge, according to Glassnode. The analytics firm said current investor behavior reflects intense capitulation, with losses now outweighing profits across XRP holder activity. Glassnode Data Shows XRP Holders Are Realizing More Losses Than Gains XRP investor behavior has shifted sharply since [] Blockchain/Bitcoin_News https://Blockchain.News/news/kalshi-referred-regulators-influencer-ads Tue, 09 Jun 2026 17:57:11 +0000 Kalshi faces regulatory scrutiny after refusing an inquiry into influencer advertising disclosures, raising questions about compliance in prediction markets. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/kalshi-referred-regulators-influencer-ads Tue, 09 Jun 2026 17:57:11 +0000 Kalshi faces regulatory scrutiny after refusing an inquiry into influencer advertising disclosures, raising questions about compliance in prediction markets. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/anthropic-fable-5-launches-in-harvey Tue, 09 Jun 2026 17:50:11 +0000 Anthropic's Fable 5, now available in Harvey, sets new performance records for legal AI tasks but raises data privacy considerations. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/anthropic-fable-5-launches-in-harvey Tue, 09 Jun 2026 17:50:11 +0000 Anthropic's Fable 5, now available in Harvey, sets new performance records for legal AI tasks but raises data privacy considerations. (Read More) Blockchain/Blockchain_News https://cointelegraph.com/markets/bitcoin-may-act-as-a-canary-in-the-coal-mine-as-risk-off-pressure-spreads-bitwise?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Tue, 09 Jun 2026 17:48:44 +0000 Bitwise research suggests that Bitcoin is leading a broader risk-off move across markets as global liquidity and stablecoin reserves remain elevated. Blockchain/Cointelegraph https://cointelegraph.com/markets/bitcoin-may-act-as-a-canary-in-the-coal-mine-as-risk-off-pressure-spreads-bitwise?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Tue, 09 Jun 2026 17:48:44 +0000 Bitwise research suggests that Bitcoin is leading a broader risk-off move across markets as global liquidity and stablecoin reserves remain elevated. Blockchain/Cointelegraph https://www.theblock.co/post/404147/warren-weakened-cftc-recipe-disaster-congress-advances-crypto-legislation?utm_source=rss&utm_medium=rss Tue, 09 Jun 2026 13:48:06 -0400 Senator Warren requested records related to staff departures, prediction market oversight and internal communications on the Clarity Act. Blockchain/The_Block https://decrypt.co/370536/kraken-named-official-crypto-exchange-fifa-world-cup-2026 Tue, 09 Jun 2026 17:45:13 +0000 Crypto exchange Kraken is teaming up with FIFA to sponsor the World Cup, with plans for "fan-focused" experiences in the U.S. and Europe. Blockchain/Decrypt https://decrypt.co/370536/kraken-named-official-crypto-exchange-fifa-world-cup-2026 Tue, 09 Jun 2026 17:45:13 +0000 Crypto exchange Kraken is teaming up with FIFA to sponsor the World Cup, with plans for "fan-focused" experiences in the U.S. and Europe. Blockchain/Decrypt https://news.bitcoin.com/bitcoin-ether-etf-flows-rotation-june-8/ Tue, 09 Jun 2026 17:45:04 +0000 U.S. spot bitcoin exchange-traded funds shed $91.37 million on June 8 even as their ether counterparts attracted $82.37 million, a one-day divergence that hints at capital rotating between the two largest crypto assets. A Tale of Two ETF Markets The split lands in the middle of one of the roughest stretches for crypto funds since [] Blockchain/Bitcoin_News https://cointelegraph.com/news/bbb-nad-refers-kalshi-state-regulators-advertising-influencer-inquiry?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Tue, 09 Jun 2026 17:45:00 +0000 An advertising watchdog escalated its review of Kalshi after the prediction market platform declined to participate in an inquiry into influencer disclosure practices. Blockchain/Cointelegraph https://cointelegraph.com/news/bbb-nad-refers-kalshi-state-regulators-advertising-influencer-inquiry?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Tue, 09 Jun 2026 17:45:00 +0000 An advertising watchdog escalated its review of Kalshi after the prediction market platform declined to participate in an inquiry into influencer disclosure practices. Blockchain/Cointelegraph https://Blockchain.News/news/stellar-quantum-preparedness-plan Tue, 09 Jun 2026 17:33:47 +0000 Stellar (XLM) launches a Quantum Preparedness Plan to safeguard its network against future quantum computing threats. Here's why it matters. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/stellar-quantum-preparedness-plan Tue, 09 Jun 2026 17:33:47 +0000 Stellar (XLM) launches a Quantum Preparedness Plan to safeguard its network against future quantum computing threats. Here's why it matters. (Read More) Blockchain/Blockchain_News https://coinjournal.net/news/stellar-faces-renewed-selling-pressure-amid-bearish-derivatives-data/ Tue, 09 Jun 2026 17:33:14 +0000 Key takeaways Stellar (XLM) remains under pressure despite a modest rebound following last week’s sharp correction. Derivatives data shows a bearish bias, with long-to-short ratios below 1 and funding rates turning negative for the asset. Stellar (XLM) remained under pressure on Tuesday despite staging a modest recovery following last week’s steep market-wide correction. Weak derivatives […] The post Stellar faces renewed selling pressure amid bearish derivatives data appeared first on CoinJournal . Blockchain/CoinJournal https://coinjournal.net/news/stellar-faces-renewed-selling-pressure-amid-bearish-derivatives-data/ Tue, 09 Jun 2026 17:33:14 +0000 Key takeaways Stellar (XLM) remains under pressure despite a modest rebound following last weeks sharp correction. Derivatives data shows a bearish bias, with long-to-short ratios below 1 and funding rates turning negative for the asset. Stellar (XLM) remained under pressure on Tuesday despite staging a modest recovery following last weeks steep market-wide correction. Weak derivatives [] The post Stellar faces renewed selling pressure amid bearish derivatives data appeared first on CoinJournal . Blockchain/CoinJournal https://www.newsbtc.com/news/bitcoin/bitcoin-and-latest-purchase-news/ Tue, 09 Jun 2026 17:30:44 +0000 Bitcoins latest upward move has sparked debate among market participants, and some believe the rally may have little to do with the purchase announcement that received the most attention. While the acquisition is generally viewed as constructive for the broader market, it is not necessarily the type of development that would justify a significant upward move in Bitcoin price. Why The Latest Purchase May Not Be Driving Bitcoin Rally The Bitcoins recent move higher is being misinterpreted as a direct reaction to purchase news, when in reality the drivers appear to be more technical in nature. Crypto analyst Aylo has explained on X that the BTC bounce is likely the result of an oversold market finding relief after sweeping key February lows. Related Reading: Bitcoin Supply In Loss Crosses Critical Threshold Bullish Reversal Next? Another factor supporting the move higher is the easing of concerns surrounding Strategy and its Bitcoin holdings. The companys recent sale of a relatively small 32 BTC sparked fears that it could become a larger seller in the future. Aylo suggests that while the current low may hold in the near term, it remains plausible that BTC could form a slightly lower low in June before a rally, particularly if the broader equity markets experience further weakness. Any deeper stock market shakeout could temporarily drag the price lower before a more sustained recovery begins. This level will be temporary before Bitcoin sees a low later in the year. Furthermore, the fear that Michael Saylor and Strategy may be forced to liquidate a significant portion of their BTC holdings is likely overstated. The company may need to sell limited amounts to meet specific obligations, but the narrative that a major liquidation event from their supply will be driven more by bearish sentiment. What The Recent Breakdown Could Mean For The Market Bitcoins recent price action appears to be following a market structure that has played out before during previous corrective phases. A crypto trader known as Max Trades pointed out that roughly a month ago, BTC was entering a distribution phase of this pattern, and the outlook has since played out with notable accuracy. Related Reading: Bitcoins Market Structure Reflects The Influence Of Major Investors In this bear market, BTC first formed an accumulation range, where price consolidated before breaking higher and sweeping out the liquidity above the previous highs. However, instead of continuing its upward trajectory, the asset price has transitioned into distribution. Since then, BTC has experienced a significant decline, falling more than 20% from its previous highs. According to Max Trades, what makes the current setup particularly noteworthy is the comparison to a previous distribution phase that ultimately resulted in substantially deeper downside after the initial breakdown. If the current structure continues to mirror that historical pattern, it could imply that the recent decline is not yet complete. Featured image from Pixabay, chart from Tradingview.com Blockchain/NewsBTC https://cryptopotato.com/shiba-inu-shib-investors-face-big-questions-after-65-yearly-collapse/ Tue, 09 Jun 2026 17:26:39 +0000 SHIB's market cap currently stands below $3 billion, making it the 36th-largest cryptocurrency. Blockchain/CryptoPotato https://cryptopotato.com/shiba-inu-shib-investors-face-big-questions-after-65-yearly-collapse/ Tue, 09 Jun 2026 17:26:39 +0000 SHIB's market cap currently stands below $3 billion, making it the 36th-largest cryptocurrency. Blockchain/CryptoPotato https://Blockchain.News/news/gopuff-xai-launch-go-ai-shopping Tue, 09 Jun 2026 17:25:47 +0000 Gopuff teams up with Elon Musks xAI to launch 'Go,' an AI-driven shopping assistant leveraging multimodal tech to deliver faster, smarter orders. (Read More) Blockchain/Blockchain_News https://Blockchain.News/news/nvidia-flare-auto-fl-federated-learning Tue, 09 Jun 2026 17:16:47 +0000 NVIDIA's Auto-FL streamlines federated learning research with AI agents, boosting reproducibility and efficiency for emerging decentralized AI solutions. (Read More) Blockchain/Blockchain_News https://coinjournal.net/news/worldcoin-eyes-further-upside-as-open-interest-climbs-above-449m/ Tue, 09 Jun 2026 17:15:29 +0000 Key takeaways WLD is down by more than 3% in the last 24 hours and could dip lower in the near term. Derivatives metrics remain supportive, with WLD’s Open Interest rising steadily alongside a mildly growing number of long positions. Worldcoin (WLD) has declined by more than 3% on Tuesday, trading below $0.50 while holding […] The post Worldcoin eyes further upside as open interest climbs above $449m appeared first on CoinJournal . Blockchain/CoinJournal https://coinjournal.net/news/worldcoin-eyes-further-upside-as-open-interest-climbs-above-449m/ Tue, 09 Jun 2026 17:15:29 +0000 Key takeaways WLD is down by more than 3% in the last 24 hours and could dip lower in the near term. Derivatives metrics remain supportive, with WLDs Open Interest rising steadily alongside a mildly growing number of long positions. Worldcoin (WLD) has declined by more than 3% on Tuesday, trading below $0.50 while holding [] The post Worldcoin eyes further upside as open interest climbs above $449m appeared first on CoinJournal . Blockchain/CoinJournal https://news.bitcoin.com/wall-street-slides-hard-and-bitcoin-tanks-after-iran-shoots-down-us-military-helicopter/ Tue, 09 Jun 2026 17:15:26 +0000 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 weeks brutal selloff. The [] Blockchain/Bitcoin_News https://cryptopotato.com/why-is-the-pi-network-pi-price-down-this-week-june-9/ Tue, 09 Jun 2026 17:03:13 +0000 PI crashed another 10% this week and lost support at $0.13. PI Network (PI) Price Predictions: Analysis Key support levels: $0.10 Key resistance levels: $0.13, $0.16 PI Loses Key Support After some hesitation, PI could no longer hold at $0.13 and fell under this level, which is currently acting as key resistance. If nothing changes […] Blockchain/CryptoPotato https://cryptopotato.com/why-is-the-pi-network-pi-price-down-this-week-june-9/ Tue, 09 Jun 2026 17:03:13 +0000 PI crashed another 10% this week and lost support at $0.13. PI Network (PI) Price Predictions: Analysis Key support levels: $0.10 Key resistance levels: $0.13, $0.16 PI Loses Key Support After some hesitation, PI could no longer hold at $0.13 and fell under this level, which is currently acting as key resistance. If nothing changes [] Blockchain/CryptoPotato https://news.bitcoin.com/ethena-scores-480b-tradfi-partner-as-janus-henderson-commits-to-usde/ Tue, 09 Jun 2026 16:56:04 +0000 Ethena has secured a strategic partnership with Janus Henderson, a global asset manager overseeing approximately $480 billion, to diversify USDes reserve portfolio with AAA-rated tokenized collateralized loan obligations and open regulated distribution of Ethenas products to institutional investors. What the Deal Covers Ethena described the arrangement plainly in its announcement: Ethena has partnered with Janus [] Blockchain/Bitcoin_News https://cryptopotato.com/ripple-xrp-price-predictions-for-this-week-june-9/ Tue, 09 Jun 2026 16:55:29 +0000 XRP is down 8% on the weekly chart as bears just tested support at $1. Ripple (XRP) Price Predictions: Analysis Key support levels: $1 Key resistance levels: $1.4, $1.6, $2 Price Hits $1 In the past week, XRP fell to $1 after sellers took over the price action. After testing this key psychological level, this […] Blockchain/CryptoPotato https://cryptopotato.com/ripple-xrp-price-predictions-for-this-week-june-9/ Tue, 09 Jun 2026 16:55:29 +0000 XRP is down 8% on the weekly chart as bears just tested support at $1. Ripple (XRP) Price Predictions: Analysis Key support levels: $1 Key resistance levels: $1.4, $1.6, $2 Price Hits $1 In the past week, XRP fell to $1 after sellers took over the price action. After testing this key psychological level, this [] Blockchain/CryptoPotato https://cryptopotato.com/xrp-faces-key-test-1-40-breakout-or-0-80-retest/ Tue, 09 Jun 2026 16:35:13 +0000 The analyst has identified the $1.61 to $1.65 region as the point where a more convincing bullish recovery would begin. Blockchain/CryptoPotato https://cryptopotato.com/xrp-faces-key-test-1-40-breakout-or-0-80-retest/ Tue, 09 Jun 2026 16:35:13 +0000 The analyst has identified the $1.61 to $1.65 region as the point where a more convincing bullish recovery would begin. Blockchain/CryptoPotato https://www.theblock.co/post/404146/third-leg-stool-house-lawmakers-to-debate-crypto-tax-bills-questions-still-loom?utm_source=rss&utm_medium=rss Tue, 09 Jun 2026 12:33:37 -0400 Lawmakers are set to debate several cryptocurrency tax bills amid growing questions over how tax rules should apply to digital assets. Blockchain/The_Block https://www.newsbtc.com/news/bitcoin/bitcoin-after-bouncing-from-59000/ Tue, 09 Jun 2026 16:00:14 +0000 Crypto analyst Ardi has drawn attention to an interesting dynamic amid the Bitcoin price bounce from a recent low of around $59,000. Based on his analysis, the BTC bottom has likely not formed, with the leading crypto set to fall to new lows. Analyst Explains What Is Going on Amid Bitcoin Price Bounce In an X post, Ardi said that one of the more interesting developments during this distribution range has been the disconnect between retail and larger market participants. He noted that retail has spent months buying every dip as the Bitcoin price declines, thinking that those declines were likely the bottom being handed on a silver platter. Related Reading: Bitcoin Trader Says Something Extremely Bad Is Coming Today, Heres What While retail investors have been buying the dip, mid-sized and institutional participants have spent the same period selling into every bounce. Ardi noted that people with the least capital are absorbing supply from those with the most. He declared that this is not usually how major bottoms are built in bear cycles, suggesting that the bottom is not yet in. Ardi further remarked that institutional-sized traders do not need retail participation to form a bottom for the Bitcoin price. He added that major bottoms are, in fact, formed after retail finally gives up. However, that is not the case at the moment as retail conviction remains high while larger investors are reducing their exposure. The analyst said that it is hard to argue that true capitulation has occurred until the dynamics change. The Bitcoin ETFs have largely contributed to the latest Bitcoin price crash, with these funds seeing record net outflows over the last month. These ETFs have also seen outflows in 15 out of the last 16 trading days, a development that has significantly put downward pressure on the BTC price. BTC About To Reach A Market Bottom In an X post, crypto analyst Ali Martinez said that the Bitcoin price is about to reach a market bottom. He cited technical and on-chain metrics that signal that a major macro accumulation cycle is starting. The analyst noted that the recent pullback has successfully flushed out overleveraged premiums across the board and that this move was accelerated by long-term holders who distributed over $3.25 billion in spot BTC. Related Reading: Bitcoins Crash Has Broken Below A 4-Month Support, But Theres Still One More Play Left With the Bitcoin price declining to $59,000, Martinez revealed that over 10.46 million BTC is currently held at a loss. He noted that historically, every time the supply-in-loss metric crosses the extreme 10 million threshold, it has accurately timed macro bottoms. The analyst also pointed to the 1.0 to 0.8 MVRV bands, which suggest that BTC could bottom between $53,900 and $43,150. At the time of writing, the Bitcoin price is trading at around $63,200, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com Blockchain/NewsBTC https://decrypt.co/370522/crypto-lending-protocol-morpho-raises-175-million-wall-street-defi Tue, 09 Jun 2026 15:39:33 +0000 Decentralized lending platform Morpho has secured $175 million in its latest funding round, highlighting the rise of curated lending vaults. Blockchain/Decrypt https://www.coindesk.com/policy/2026/06/09/uk-financial-regulator-moves-to-allow-mutual-funds-10-exposure-to-crypto-etns Tue, 09 Jun 2026 15:39:13 +0000 Blockchain/CoinDesk https://www.coindesk.com/opinion/2026/06/09/5-corruption-gaps-congress-must-close-in-the-clarity-act Tue, 09 Jun 2026 15:30:00 +0000 Blockchain/CoinDesk https://news.bitcoin.com/traders-bet-60-odds-anthropics-claude-mythos-drops-today-as-rumors-hit-fever-pitch-37856/ Tue, 09 Jun 2026 15:10:10 +0000 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, Polymarkets Claude Mythos released [] Blockchain/Bitcoin_News https://www.theblock.co/post/404136/new-aave-risk-framework-proposed-following-kelpdao-exploit?utm_source=rss&utm_medium=rss Tue, 09 Jun 2026 11:08:35 -0400 Aave founder Stani Kulechov said once the proposal passes the framework will be applied across all markets and assets. Blockchain/The_Block https://cointelegraph.com/markets/bitcoin-price-slips-toward-62k-local-lows-as-bear-market-history-keeps-repeating?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Tue, 09 Jun 2026 15:05:28 +0000 Bitcoin bear market analysis showed copycat BTC price moves ongoing despite new hopes of a US-Iran peace deal. Blockchain/Cointelegraph https://www.coindesk.com/business/2026/06/09/trad-fi-w3-target-usd650-million-in-onchain-private-credit-using-ai-evaluation Tue, 09 Jun 2026 15:03:26 +0000 Blockchain/CoinDesk https://www.coindesk.com/business/2026/06/09/ethena-lands-janus-henderson-backing-as-asset-manager-invests-in-ena-eyes-usde-distribution Tue, 09 Jun 2026 14:54:59 +0000 Blockchain/CoinDesk https://www.coindesk.com/markets/2026/06/09/come-back-after-the-summer-says-one-analyst-on-crypto-markets Tue, 09 Jun 2026 14:53:50 +0000 Blockchain/CoinDesk https://decrypt.co/370518/elizabeth-warren-demands-answers-on-cftcs-crypto-and-prediction-market-oversight Tue, 09 Jun 2026 14:51:09 +0000 The Massachusetts senator highlighted workforce cuts and enforcement changes at the regulator under the Trump administration. Blockchain/Decrypt https://cryptopotato.com/important-binance-update-affecting-cardano-ada-and-other-altcoin-traders-details/ Tue, 09 Jun 2026 14:49:54 +0000 The company will scrap seven spot trading pairs on June 12. Blockchain/CryptoPotato https://cryptopotato.com/important-binance-update-affecting-cardano-ada-and-other-altcoin-traders-details/ Tue, 09 Jun 2026 14:49:54 +0000 The company will scrap seven spot trading pairs on June 12. Blockchain/CryptoPotato https://cointelegraph.com/markets/bitcoin-bottom-these-four-charts-hint-at-btc-price-dropping-to-50k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Tue, 09 Jun 2026 14:33:53 +0000 A $50,000 Bitcoin price target remains in play despite BTC maintaining above $60,000 support for now, as multiple indicators warn the bottom may not be in. Blockchain/Cointelegraph https://www.newsbtc.com/news/cardano-isnt-fading-away-dex-aggregator-says-as-defi-metrics-rise/ Tue, 09 Jun 2026 14:30:30 +0000 Cardanos total value locked dropped close to 30% in June, sliding from $129 million to $92 million a fall that closely tracks ADAs own price decline of 27% over the same stretch. Yet one platform inside the ecosystem is pushing back hard against the idea that the network is finished. DexHunter, a Cardano-based DEX aggregator, took to X to argue that the blockchain is more alive than ever, citing a sharp spike in trading activity as proof that user engagement remains strong despite ADAs price weakness. Related Reading: Security Milestone: XRP Lending Protocol Completes Military-Grade Assessment A Surge, Then A Pullback Daily DEX trading volume on Cardano shot up from roughly 6 million ADA to 25 million ADA across four days, one of the steepest volume increases in recent months. DexHunter attributed that spike to heavy trading in tokens including NIGHT, STRIKE, and SNEK, as well as stablecoins such as USDCx. Volume has since retreated to around 7.45 million ADA, down 11% in the most recent 24-hour period. They say: Cardano is dead We say: Cardano is more alive than ever$STRIKE$ASCEND$ATLAS$SURF$SURGE The ecosystem is exploding pic.twitter.com/aCp8D80jAv DexHunter (@DexHunterIO) June 6, 2026 Alongside the volume data, DexHunter shared charts tracking the performance of several Cardano-native tokens. ATLAS rose 18% in a single day. STRIKE gained 3%. ASCEND added 1.20%. SURF was the exception, falling 2.67% during the same window. Based on that activity, DexHunter declared the ecosystem is exploding. Broader Headwinds Weigh On The Network The platforms upbeat take comes against a backdrop of mounting pressure on Cardano. ADA hit a multi-year low of $0.14 earlier this year, and a string of setbacks has fed speculation about the networks long-term prospects. Analytics platform TapTools shut down. A major ecosystem contributor exited after declaring bankruptcy. Input Output CEO Charles Hoskinson stepped back from public engagement for a period, and governance disputes have continued to draw criticism from within the community. Against all of that, DexHunter maintains the underlying activity tells a different story one of continued user participation even as ADAs market performance has disappointed. Related Reading: A 400 Billion Shiba Inu Surprise: Whale Wallet Springs Back To Life Signs Of Life In A Difficult Market ADA was trading at around $0.16 at the time of writing, still deep in the red compared to levels seen earlier this year. Whether the recent volume spike reflects a genuine shift in momentum or a short-term burst driven by a handful of tokens remains an open question. What the data does show is that trading activity on Cardanos decentralized exchange layer is still moving, even if the numbers have pulled back from their recent peak. Featured image from Wallpaper Flare, chart from TradingView Blockchain/NewsBTC https://news.bitcoin.com/hype-returns-to-inflows-as-etfs-attract-fresh-capital/ Tue, 09 Jun 2026 14:30:01 +0000 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 IBITs $233M Exit Reverses Gains [] Blockchain/Bitcoin_News https://www.coindesk.com/business/2026/06/09/a16z-paradigm-lead-usd175-million-bet-to-move-global-credit-markets-onchain Tue, 09 Jun 2026 14:07:32 +0000 Blockchain/CoinDesk https://cryptopotato.com/why-didnt-bitcoin-go-higher-arthur-hayes-blames-the-ai-spending-frenzy/ Tue, 09 Jun 2026 14:03:55 +0000 Hayes believes that AI's growing demand for capital has become a major headwind for bitcoin. Blockchain/CryptoPotato