Crypto

House Committee unveils crypto tax plan that could reshape DeFi

The U.S. House Ways and Means Committee has released seven crypto tax discussion drafts that would introduce new rules for decentralized finance lending, stablecoin payments, staking rewards, and other digital asset transactions ahead of a June 9 congressional hearing. Summary…

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Crypto

SEC Crypto News: Can Bittrex Wipe Out Its Regulatory Penalties?

In SEC crypto news today, the US regulatory body has filed a formal opposition in the US District Court for the Western District of Washington, fighting to preserve a $24M judgment against Bittrex: a penalty covering $14.4M in disgorgement, $4M…

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Why Zcash crashed even after the bug was fixed

Here is the puzzle. On May 29, 2026, a security researcher hired by Zcash developers found a critical bug in the network’s Orchard privacy pool, a flaw that could have let an attacker mint unlimited, undetectable counterfeit ZEC. The development…

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Nobody Believes This Microsoft Copilot AI Gold Price Prediction

Microsoft Copilot AI Gold price prediction is targeting $5,500 to $6,000 per ounce for gold by the end of 2026, calling the macro setup as powerful as it has been in years, with the metal sitting at $4,466 and carrying…

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Solana

Crypto Is No Longer the ‘Belle of the Ball,’ Warns Bitwise’s Matt Hougan

Crypto winter looks different this cycle as capital rotates toward smaller assets with credible fundamentals instead. Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are…

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Bitcoin Investment Products Suffer $1.44B in Outflows During Worst Week of 2026

XRP, Hyperliquid, and Near attracted fresh investor money despite massive outflows across the broader crypto fund market. Bitcoin investment products recorded $1.44 billion in net outflows last week, according to CoinShares. It was the largest weekly withdrawal from Bitcoin…

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First-Ever Crypto Fraud Case Under New Investor Protection Law

South Korean authorities tracked suspects for months after CatFi case was initially dismissed despite early blockchain sleuth reports and evidence. South Korean prosecutors have filed charges against a group of individuals linked to a Solana-based meme coin project called…

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Solana Activity Hits Record High Despite SOL’s 33% Q1 Drop

Solana’s application revenue stayed remarkably stable at over $342 million despite weaker market conditions. SOL fell 33% in the first quarter of 2026 to close at around $83, but Messari’s Q1 State of Solana report tells a story that’s…

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NFT

Bitcoin Treasury Firms Shed $62 Billion in Deepening Crypto Rout

A wave of publicly traded companies built to hold Bitcoin for investors is unraveling fast, wiping out tens of billions in market value as the crypto downturn grinds on. When Bitcoin was soaring, the pitch was simple: buy shares in…

House Committee unveils crypto tax plan that could reshape DeFi

The U.S. House Ways and Means Committee has released seven crypto tax discussion drafts that would introduce new rules for decentralized finance lending, stablecoin payments, staking rewards, and other digital asset transactions ahead of a June 9 congressional hearing. Summary…

NFT

Coinbase and Better Fund First Fannie Mae-Backed Bitcoin Mortgage

A married couple in Ann Arbor, Michigan, just made history — not by winning the lottery or inheriting a fortune, but by buying a home using Bitcoin as collateral. Their transaction, quietly closed on June 4, marks the first time…

XRP Sell-off Hits $1.09 as Traders Face Fresh Downside Risk

Key Takeaways XRP continued to make lower highs and lower lows as selling pressure intensified. Support near $1.09 remains critical for preventing additional downside momentum. An analyst warned a break below key levels could deepen losses. XRP Downtrend Deepens as…

Crypto

SEC Crypto News: Can Bittrex Wipe Out Its Regulatory Penalties?

In SEC crypto news today, the US regulatory body has filed a formal opposition in the US District Court for the Western District of Washington, fighting to preserve a $24M judgment against Bittrex: a penalty covering $14.4M in disgorgement, $4M…

Why Zcash crashed even after the bug was fixed

Here is the puzzle. On May 29, 2026, a security researcher hired by Zcash developers found a critical bug in the network’s Orchard privacy pool, a flaw that could have let an attacker mint unlimited, undetectable counterfeit ZEC. The development…

Crypto Exchanges Could Funnel $5 Trillion of New Equity Capital Into Markets

Key Takeaways Binance Research said crypto exchanges could add $5T in annual equity capital within five years. Roughly 93% of Binance’s stock-trading users come from emerging markets, the report found. The shift positions exchanges as equity gateways, settling trades in…

Nobody Believes This Microsoft Copilot AI Gold Price Prediction

Microsoft Copilot AI Gold price prediction is targeting $5,500 to $6,000 per ounce for gold by the end of 2026, calling the macro setup as powerful as it has been in years, with the metal sitting at $4,466 and carrying…

Recent Ripple (XRP) Developments, Bitcoin (BTC) Price Forecasts, and More: Bits Recap June 5

Here’s everything most interesting surrounding XRP, BTC, and ADA. Ripple’s cross-border token is down 14% for the week, but the company continues to score major wins in global expansion and important partnerships. Bitcoin (BTC) has also plunged substantially, with…

Largest Solana Treasury Moves $32M in SOL to Coinbase Prime While Sitting $1.13B Underwater

Key Takeaways Forward Industries moved 455,784 SOL worth $31.87M to Coinbase Prime after a month of inactivity. The firm sits about $1.13B underwater on 6.83M SOL bought at $232 since September 2025. A sale by the largest SOL treasury could…