Crypto News Today (June 10): BTC Crashes to $61K, The Trump Family Makes $2.3Bn from Crypto and Japan Introduces ‘Crypto Vouchers’

In today’s crypto news (June 10), Bitcoin ended a few days of positive price action by crashing nearly -3% overnight, to $61,000, before recovering to $61,500. However, traders are seemingly learning, as there wasn’t a huge liquidation event during the BTC drop, with just $400M in positions wiped out, though more than $300M of that…

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Get Rid Of The Anxiety Of Hoarding Coins: Fleet Miner Allows XRP To Generate Stable Income Every Day

XRP prices surged to $3.04 the previous day, but subsequently retreated to $2.94, encountering short-term resistance. The recent surge was primarily driven by rising expectations for an ETF and active institutional investors in the derivatives market. XRP futures contracts listed on the Chicago Mercantile Exchange (CME) have reached 386 million XRP, a 74% increase from…

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Trump Risks Key Surveillance Authority Over ‘Unqualified’ Spy-Chief Pick

Cornyn said materials from Section 702 generate roughly 60 percent of the President’s Daily Brief, a figure Senate Judiciary chairman Chuck Grassley has also cited. Some Republicans dispute the catastrophe framing. Representative Keith Self of Texas called the warnings “hysteria,” arguing that other FISA authorities remain in force and that proponents should accept reforms such…

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Tesla–SpaceX Merger? ‘Big Short’ Investor Steve Eisman Says He Wouldn’t Doubt It

Key Takeaways Big Short investor Steve Eisman said a SpaceX-Tesla deal is plausible but unattractive for SpaceX investors. SpaceX IPO demand reportedly reached $250 billion, intensifying scrutiny over any Tesla linkup. Rising EV competition could keep pressure on Tesla’s margins, strengthening Eisman’s skepticism. SpaceX IPO Demand Puts Tesla Deal Speculation Under Pressure SpaceX’s intense IPO…

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Exclusive: BSP Says Binance, BlockShoals Lack VASP Licenses; Coordinating With SEC on Sandbox

The Bangko Sentral ng Pilipinas (BSP) confirmed that neither Binance nor its local partner, BlockShoals Technologies Inc., holds a Certificate of Authority to operate as a Virtual Asset Service Provider (VASP). The central bank stated that participation in the Securities and Exchange Commission (SEC) regulatory sandbox does not exempt an entity from separate central bank…

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Coinbase Urges Congress to Treat Stablecoins Like Cash and Ease Crypto Tax Burdens

The exchange argued that tracking gains on stablecoin purchases creates administrative complexity without generating meaningful tax revenue. Coinbase’s vice president of tax, Lawrence Zlatkin, testified before the House Ways and Means Committee on June 9, asking lawmakers to stop requiring Americans to calculate capital gains every time they spend a stablecoin or pay a…

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