Crypto News Today (July 2): BTC Can’t Reclaim $60K, Solana Sets Fresh Network Records, June Crypto Losses Top $76M
In crypto news today (July 2), Bitcoin is sitting at $58,600, down another -1.2% over the past 24 hours as July continues to lean bearish for crypto. However, there was a brief rally overnight, which caused daily liquidations to spike…
Bitcoin Reclaims $60K as SOL, BCH Lead Alts Higher (Market Watch)
Bitcoin managed to bounce from yesterday’s lows, while the majority of large-cap altcoins also turned green despite continued ETF outflow concerns. Bitcoin’s price was able to return above $60,000 today following a volatile 24 hours that saw the asset…
Ripple co-founder’s PAC helps Democrat win Colorado primary
Manny Rutinel has won the Democratic primary for Colorado’s 8th Congressional District, setting up a November race against Republican incumbent Gabe Evans. Summary Manny Rutinel won Colorado’s 8th District Democratic primary and will face Republican Gabe Evans in November. A…
Robinhood launches tradFi perps in Europe, unveils blockchain and AI trading push
Robinhood has launched perpetual futures tied to commodities, ETFs, and currencies for eligible European users. Summary Robinhood added perpetual futures tied to gold, silver, crude oil, ETFs, and currencies in Europe. The company also unveiled Robinhood Chain mainnet, stock tokens,…
3 AIs Give Surprising Answers
SOL is the “easiest pick,” ChatGPT said. The prolonged bear market has left numerous crypto investors underwater, as prices of countless digital assets have crashed by double digits over the past several months. Despite the grim reality, the current…
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…
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…
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…
GENIUS Act deadline puts stablecoin issuers on notice
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…
Strategy Affirms Mission to Grow Net Bitcoin as CEO Shuts Down Rumors
Key Takeaways Strategy reaffirmed its long-term goal of increasing net bitcoin and bitcoin per share. CEO Phong Le rejected speculation that a 32 BTC sale signaled a strategic shift. Executive Chairman Michael Saylor’s remarks reinforced expectations for continued bitcoin accumulation….
Bitmine Plans 9.5% Preferred Stock Plan to Fuel Its Ethereum Buying Spree
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…
Is capital leaving Ethereum for XRPL’s RWA market?
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…
‘Bottom Fishers’ Lift Bitcoin Above 2026 Low but Schiff Warns the Worst May Still Be Ahead
Key Takeaways Peter Schiff warned of a “ Crypto Black Monday” as bitcoin fell roughly 24% over the past month. In Schiff’s X poll, 59% of over 15,700+ voters said BTC must hit zero before they concede he was right….
XRP Rebounds From Multi-Year Lows as Analyst Convinced Face-Melting Rally Is Still In Play
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…
Bitcoin price tests $60k as Saylor hints at more buying
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….
The Good News for Ethereum (ETH) After Collapse to $1.5K: Details
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…
Gold and Silver Bleed 23% and 44% Despite US-Iran War and Rising CPI
Key Takeaways Gold fell 23% from its January 2026 high of $5,608/oz to $4,331 on June 5, 2026. Kevin Warsh’s Fed and a 172,000 May payrolls beat pushed rate-hike odds higher, pressuring metals. Central banks added roughly 19 tonnes of…
Bybit opens tokenized SpaceX access through IPO Express
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…