XRP traded near $1.16 on June 7 after a sharp weekly selloff pushed the token close to the $1.00 area. The move gave traders a short-term rebound, but the wider trend remains weak. Summary XRP rebounded near $1.16, but weekly and monthly losses still show weak market structure. Egrag Crypto says XRP still follows his…
A deal was supposed to be announced at the start of the new week, said the POTUS. The tension in the Middle East escalated once again on Sunday evening as Israel attacked sites in Lebanon that contained Hezbollah structures and personnel, and Iran responded with warning strikes of its own. US President Donald Trump…
The GENIUS Act is moving into a key rulemaking stage as digital dollar users and stablecoin issuers face a June 9, 2026 deadline for comments on FinCEN and OFAC proposals. Summary FinCEN and OFAC comments close June 9 for GENIUS Act stablecoin compliance rules. The proposed rule treats permitted stablecoin issuers as financial institutions under…
XRP is the top performing larger-cap altcoin today, surging by 5% even after it was stopped at $1.18. The Friday market massacre didn’t leave any digital asset behind, including Ripple’s cross-border token, which plunged to $1.05 for the first time in about 19 months. The asset has rebounded swiftly, though, and neared $1.20 earlier…
The competition between blockchain networks in the tokenized real-world asset market is gaining more attention as analysts debate whether capital is starting to shift toward the XRP Ledger. Summary Analysts claim XRPL added fresh RWA capital while Ethereum experienced recent tokenized asset outflows. Crypto.news previously reported XRPL’s tokenized asset market expanded sharply during the first…
Bitmine has applied to list the shares on the NYSE under the symbol BMNP. Ethereum treasury company Bitmine has filed to launch a public offering of 3 million shares of its 9.50% Series A Perpetual Preferred Stock. The proceeds are expected to support a range of corporate and Ethereum-focused initiatives. Bitmine’s New Offering According…
Bybit has entered the tokenized equity market with the launch of IPO Express, a new product designed to offer blockchain-based exposure to private and public companies.The exchange also introduced subscriptions for tokenized SpaceX shares through a partnership with xStocks. Spot trading for the product is expected to begin on June 12. Summary Bybit launched IPO…
Even hackers have started to accumulate the world’s largest altcoin after the price massacre. Ethereum’s controversial history during the time of extreme distress continues, as the asset was among the poorest performers on Friday (and overall since the correction began), dumping to a 14-month low at $1,500. After the recent FUD spread on X…
Bitcoin traded near $61,739 on June 7 after a volatile session that pushed price as low as $60,420. The rebound kept BTC above the $60,000 area, but the wider market stayed cautious after a sharp decline earlier in the week. Summary Bitcoin traded near $61,739 after bouncing from an intraday low around $60,420. Michael Saylor’s…
It was an extremely painful week for the spot Bitcoin ETFs, as the outflows skyrocketed to new anti-record. The spot exchange-traded funds tracking the world’s largest cryptocurrency are typically a solid sign of how the underlying asset’s price performs, unlike some of the altcoins. As such, it’s perhaps no surprise that, in the past…
