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…
Tim Draper Explains Why Bitcoin Is Safer Than Banks in the Quantum Era
Debate continues over whether decentralized systems or centralized financial institutions are better positioned to handle quantum-era risks. Venture capitalist Tim Draper says fears that quantum computing will break Bitcoin (BTC) are misplaced, arguing that traditional banks and the dollars…
Pennsylvania sets stricter standards for AI data center projects
Pennsylvania Gov. Josh Shapiro has unveiled standards for large data center projects seeking state support. Summary Pennsylvania’s GRID Standards require data center developers to secure certification before receiving state incentives, fast permits, or tax benefits. The rules require developers to…
EU Crypto News: The Crypto Cold War Is Here Between EU and Russia
In EU crypto news, within 24 hours of each other, Russia and the European Union each moved to restrict the same class of crypto assets, for completely opposite reasons. Russia’s Deputy Finance Minister Ivan Chebeskov, speaking at the St. Petersburg…
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…
Oracle stock falls as AI funding plans overshadow earnings beat
Oracle has reported stronger fiscal fourth-quarter earnings and revenue than analysts expected. Summary Oracle beat fiscal fourth-quarter estimates with $2.11 adjusted EPS and $19.18 billion in revenue. The company plans to raise $40 billion through debt and equity financing for…
CZ Says Bitcoin Price Has Already Bottomed, But Here’s What the Data Actually Shows
Bitcoin price is trading near $61,000–$62,000 on June 10, down roughly 50% from its October 2025 peak above $126,000, and Binance founder CZ has stepped into the silence with a characteristically calm message: don’t panic, the Bitcoin dip is temporary,…
Solana (SOL) Bleeds Heavily, Yet Key Indicator Flashes a Buy Signal: Details
SOL looks “absolutely bullish” at the moment, one analyst claimed. The past few weeks have been devastating for the cryptocurrency market, with Solana (SOL) being hit especially hard. And while some analysts expect further losses in the near future,…
Meta deepens India AI push with Reliance data center deal
Meta has agreed to lease a 168-megawatt AI data center in India from Reliance Industries. The facility will rise in Jamnagar, and Reliance will deliver it within two years. Summary Meta agreed to lease a 168-megawatt AI data center from…
Bitcoin ETFs Are Back to Square One: What $77.6B AUM Really Means
U.S. spot Bitcoin ETFs assets stood at $77.58Bn as of June 10, 2026, precisely where they were the week Donald Trump won the presidential election in November 2024. In the intervening 19 months, these funds climbed to a record $169.54Bn,…
