Bitcoin miners are selling: is capitulation here?
Public miners have dumped Bitcoin at a record pace, hashprice has collapsed to post-halving lows, and older machines are switching off. That is the textbook definition of capitulation. The harder question is whether it marks a bottom or the start…
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…
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…
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…
Bitcoin ETFs Recorded Their Worst Week Since Inception Amid BTC’s Massive Price Slide
It was an extremely painful week for the spot Bitcoin ETFs, as the outflows skyrocketed to new anti-record. The spot exchange-traded funds tracking the world’s largest cryptocurrency are typically a solid sign of how the underlying asset’s price performs,…
Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup
Key Takeaways Bitcoin’s RSI-14 hit 24 on June 7, 2026, signaling oversold conditions across shorter timeframes. Bitstamp BTC/USD shows 13 of 15 moving averages in sell territory, with the 200-day EMA at $79,916. Bitcoin must close above $63,000 to $64,000…
ZachXBT flags JuCoin reserves as users report withdrawal delays
JuCoin is facing fresh scrutiny after on-chain investigator ZachXBT flagged user complaints about withdrawal delays and questioned the exchange’s reserve claims. Summary ZachXBT said JuCoin users reported withdrawal delays over the past week, raising exchange risk concerns. JuCoin’s reported reserves…
Bitcoin’s Stumble Looks Graceful Next to Zcash’s Faceplant — Week in Review
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the…
rebound or another drop below $1?
XRP traded near $1.16 on June 7 after a sharp weekly selloff pushed the token close to the $1.00 area. The move gave traders a short-term rebound, but the wider trend remains weak. Summary XRP rebounded near $1.16, but weekly…
Hut 8 Prices $4.25B Notes to Build 352MW Texas AI Data Center
Key Takeaways Hut 8 priced $4.25B of 6.129% notes to fund its 352MW Beacon Point AI campus. The Texas project highlights Hut 8’s shift from bitcoin mining to AI infrastructure. Beacon Point will be rented to a tenant rated AA-…
Bitcoin Breaks Below $60K as Crypto Selloff Hits New 2026 Low
Bitcoin fell below the $60,000 mark on Friday, June 5, 2026, recording its lowest level since the beginning of 2026 as a selloff wave spread across the crypto market. Downward pressure came from a record streak of outflows from US…
XRP Ledger Eyes Tokenized Finance as Schwartz Maps Next Use Cases
David Schwartz, Ripple’s CTO emeritus, says XRP Ledger utility is moving beyond its early role in payments as enterprises test wider blockchain-based finance. Summary David Schwartz says XRP Ledger use is expanding from payments into tokenized real-world financial assets. RLUSD’s…