FG Nexus has transferred another 10,000 Ether worth about $17.8 million, extending a series of treasury sales that have reduced its Ethereum holdings as the asset trades more than 50% below the company’s average purchase price. Summary FG Nexus moved another 10,000 ETH worth about $17.8 million, extending a series of treasury sales after previously…
BitMEX co-founder Arthur Hayes announced on June 4, 2026, that he had sold his entire positions in the HYPE token and NEAR Protocol, citing rising energy prices due to tensions with Iran, three upcoming mega AI IPOs, and a prediction that Trump would turn anti-AI. The announcement triggered an immediate wave of discussion across crypto…
Can the valuation plummet below $50K in the short term? The largest cryptocurrency by market capitalization has been nosediving lately, with its price posting another substantial decline over the past 24 hours. Multiple analysts believe the valuation could reach new lows in the near future, while one key indicator suggests a rebound could be…
When Bitcoin slid below $62,000 in early June 2026, the crypto world reached for the nearest villain: Michael Saylor. Summary Strategy’s 32 BTC sale was too small to explain Bitcoin’s multi-day selloff or liquidation cascade. Jim Ferraioli argues Bitcoin’s real problem is that it has lost the market’s dominant momentum trade. Bitcoin has been grinding…
In crypto news today (June 4), the market continues to bleed as June maintains its bearish trend. Bitcoin crashed below $62,000 overnight, falling by -4.8% over the past 24 hours. The crash has caused more than $1.63Bn in daily liquidations, with over $1.38Bn of that figure being long trades. This recent spate of liquidations has…
Some of the biggest losers today include NEAR, TON, and ADA. Bitcoin just can’t catch a break these days as another leg down pushed it south to well below $62,000 earlier today, and the subsequent recovery attempt was halted in its tracks. The altcoins have bled out again, heavily, and the total crypto market…
XRP traded near $1.18 on June 4 after falling more than 5% in 24 hours. The token dropped to a fresh four-month low as the wider crypto market sold off sharply. Summary XRP dropped near $1.18 after losing key support and hitting a fresh four-month low. Whales sold or redistributed 60 million XRP, adding pressure…
Real Finance, the EVM-compatible Layer-1 blockchain that’s purpose-built for real-world asset tokenization, and Anchorage Digital, which is the first federally chartered crypto bank in the United States, announced a strategic partnership alongside a qualified institutional custodian. The goal is to provide the regulated infrastructure necessary for institutional-scale tokenized finance. Battling the Challenge of Industry Fragmentation…
Nine House Democrats have asked the Federal Trade Commission to investigate online prediction market platforms. Summary Nine House Democrats asked the FTC to probe prediction market ads and customer messaging practices. Lawmakers say platforms market sports bets while calling contracts financial products in regulatory filings publicly. Recent reports show rising pressure from insider trading cases,…
Concerns over illicit finance remain high after reported crypto-related criminal flows jumped 162% last year. Over 160 former national security, intelligence, and law enforcement officials are pushing the U.S. Senate to advance the CLARITY Act, arguing that it would strengthen efforts to combat illicit finance in the crypto space. The appeal was made in…
