Key Takeaways Bitcoin fell about 17.3% on the week ending June 6, while ether dropped 22%, the steepest declines for both assets since November 2022. Roughly $390 billion in value vanished and near $7 billion in leveraged positions were liquidated. Investors pulled about $5.5 billion from U.S. spot bitcoin ETFs over 13 straight days of…
Key Takeaways Morpho raised $175M from Paradigm, A16z Crypto, and Ribbit at a $2B valuation. Morpho’s $6.6B TVL highlights rising institutional demand for DeFi lending. Paul Frambot aims to scale Morpho from crypto markets to Wall Street finance. Morpho Targets Institutional Finance as TVL Hits $6.6B Morpho has raised $175 million in fresh funding, giving…
Key Takeaways Wintermute said exchange-traded fund (ETF) outflows, not Strategy’s 32 BTC sale, drove bitcoin below $62,000. U.S. spot Bitcoin ETFs lost $2.97B in 10 days, signaling weaker institutional demand. Wintermute sees accumulation near $62K but says fresh inflows must return to confirm a bottom. Wintermute Sees Early Bitcoin Accumulation but Says Recovery Lacks Confirmation…
Thirteen individuals accused of operating a cryptocurrency investment scam in Mandaluyong City have been sentenced to three years in prison after pleading guilty to a lesser offense. The individuals entered their pleas during an arraignment and pre-trial hearing at the Mandaluyong City Regional Trial Court Branch 211 on May 26, 2026. The accused were initially…
Key Takeaways 61 crypto leaders urged senators to preserve developer protections inside the CLARITY Act. Supporters say clearer rules could help distinguish software builders from financial intermediaries. Senate changes may determine whether crypto developers keep building in the United States. Developer Protections Move to Center of US Crypto Regulation Debate Crypto regulation is entering a…
Key Takeaways Coinbase, Ripple, and more than 200 organizations called for a Senate CLARITY Act vote. Supporters argue the bill would improve transparency, accountability, and consumer protections. Congress must still navigate legislative hurdles before the crypto framework can become law. Crypto Coalition Turns Senate Pressure Toward a Floor Vote Washington’s digital asset debate has moved…
ADI Predictstreet went live June 8 and now trades in 23 U.S. states via Fanatics Markets. Gibraltar granted ADI its first prediction-market license in a reported nine days. ADI traces to Abu Dhabi’s IHC through Finstreet; CEO Psarrakis denies 2022 Qatargate links. A FIFA-branded market enters a crowded U.S. field ADI Predictstreet went live on…
Key Takeaways Bitcoin fell below $61,000 on Tuesday as escalating Middle East tensions sparked a 2.9% daily price drop. The crypto market retreat triggered $467.5 million in total crypto liquidations, devastating long derivatives bets. Glassnode data shows a grim outlook with 8 million bitcoin now underwater, reversing recent profit trends. Bitcoin Dips Amid Geopolitical Tremors…
Key Takeaways XRP holders are accepting losses more often as market confidence fades. Glassnode says current behavior reflects a period of intense investor capitulation. A sustained recovery may depend on stronger demand and improving market sentiment. Glassnode Data Shows XRP Holders Are Realizing More Losses Than Gains XRP investor behavior has shifted sharply since the…
Key Takeaways Checkonchain founder James Check says bitcoin’s “time pain” process removes sellers before any major move, leaving no forced liquidation pressure. Bank of America triggered 70% of its bear-market indicators in June 2026, lowering its S&P 500 year-end target to 7,100. Morningstar valued SpaceX at $780B, roughly 48% below private market prices, citing net…
