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Why Did Strategy Sell 32 Bitcoin? CEO Reveals The Real Reason
Strategy CEO Phong Le said the company’s recent sale of 32 Bitcoin was not driven by liquidity needs, but by a deliberate effort to show the market that the firm can sell BTC when necessary and to test its internal execution process. The comments came after Strategy bought more than 1,500 BTC roughl...
Bitcoinist
Thu, Jun 11
China forces Meta to retreat on Manus, but the AI contest is just getting started
Meta has completed an operational split from Manus, the agentic AI startup it bought for $2 billion barely six months ago. The forced reversal of the deal was ordered by Chinese regulators in April, who claim that foreign investment and technology export rules were violated. How did Beijing force a deal reversal between Meta and...
Cryptopolitan
Thu, Jun 11
Why The Bitcoin Price Could Mark A Generational Bottom And Rise Over 200%
Bitcoin’s investor sentiment is in ruins, but buried inside the wreckage, a technical signal that has appeared only at the most consequential turning points in Bitcoin’s history has just fired again.This technical argument, which is built around Bitcoin’s Relative Strength Index, is beca...
NewsBTC
Thu, Jun 11
Crypto Today: Bitcoin, Ethereum, XRP rebound broadens despite continued US-Iran strikes
Bitcoin (BTC) steadies its recovery on Thursday, edging higher toward $63,000 despite incessant capital outflows. Meanwhile, altcoins, including Ethereum (ETH) and Ripple (XRP), exhibit subtle rebound signs, trading above $1,650 and $1.12, respectively.
Bitcoin
Ethereum
XRP
Fxstreet
Thu, Jun 11
Cecabank launches crypto custody, joining global bank push into digital assets
Cecabank, a Spanish wholesale custodian that reported more €400 billion in assets under management (AUM) to start 2026, disclosed earlier today that its cryptocurrency custody services have gone live. The service arrived via a partnership with the Bit2Me crypto exchange. With the launch, Cecabank joins a growing list of traditional European custodian banks that have...
Cryptopolitan
Thu, Jun 11
Will The SpaceX IPO Have A Significant Impact On The Bitcoin And Crypto Market?
The SpaceX IPO (Initial Public Offering) has quickly become one of the most talked-about developments in the financial markets, and Bitcoin is not left out of the conversation. As the market gets ready to usher in what is expected to be a new beginning, the conversation has revolved around what this...
Bitcoinist
Thu, Jun 11
Morgan Stanley Exec Says $1 Million Bitcoin Is Possible: Here’s Why
Morgan Stanley’s head of digital asset strategy, Amy Oldenberg, said Bitcoin reaching $1 million is possible over time, while cautioning that a move of that scale would likely require either a long adoption cycle or a major dislocation in traditional markets. Speaking with Natalie Brunell on Coin St...
NewsBTC
Thu, Jun 11
Japan’s 55% Crypto tax era is ending, Will capital follow?
Japan’s Lower House approved a bill on Thursday (June 11) to reclassify cryptos as financial products. This will lead to a cut in the tax rate for capital gains on coins, including Bitcoin and Ether, down from a high of 55% to just 20%, and open doors for crypto ETFs in the fourth-largest economy globally....
Cryptopolitan
Thu, Jun 11
What is AI agent crypto trading? How autonomous agents are moving into DeFi execution
AI agent crypto trading refers to autonomous systems that can analyze markets, make decisions, interact with wallets, and execute transactions without constant human input. Unlike traditional trading bots, AI agents operate across the full trading workflow, from interpreting signals to routing orders on-chain, and their operations are beginning to take impressive proportions – they settled...
Cryptopolitan
Thu, Jun 11
Record Institutional Bitcoin Selling Now Exceeds Miner Output By 460%
Institutional selling in the Bitcoin market has reached a new record, with massive entities shedding supply equal to 460% of the daily mining output. Bitcoin Institutions Have Taken To Notable Net Selling As explained by Capriole Investments founder Charles Edwards in an X post, institutions are par...
Bitcoinist
Thu, Jun 11
Pi Network Price Forecast: Recovery at risk with 16 million PI tokens ready for unlock
Pi Network (PI) edges higher on Thursday after three days of consecutive losses earlier this week, extending the prevailing downtrend since late April. The scheduled unlocking of 16 million PI tokens on Thursday could add pressure to the intraday recovery.
Fxstreet
Thu, Jun 11
Anthropic backs down on hidden Claude Fable 5 restrictions
Anthropic apologized and withdrew the policy that would have secretly restricted Claude Fable 5’s performance for AI developers. Scientists cautioned that the restrictive policy could make the advanced functionalities of AI accessible to a select few companies, hindering the growth of science globally. The decision by Anthropic, which came on June 10, has implications far...
Cryptopolitan
Thu, Jun 11
Ethereum Exchange Reserves Lose 475,000, Is The Red Month Of June A Time To Buy?
The Ethereum price decline seems to have opened up the opportunity for fast accumulation among investors over the last week. This comes as data shows a significant amount of the cryptocurrency actually being moved out of the wallets of centralized exchanges. Historically, a move like this has pointe...
NewsBTC
Thu, Jun 11
Ethereum Exchange Supply Hits Record Low of 14.5 Million
The amount of Ethereum sitting on exchanges just hit its lowest record on paper of 14.5 million ETH according to data from CryptoQuant. When looking at the data, it is clear that there is a clear starting point as to when ETH exchange balances started falling off a cliff. Reserves broke to the downside pretty...
Cryptopolitan
Thu, Jun 11
CLARITY Act Hits New Roadblock As Ethics Agreement Collapses In Senate Talks
The CLARITY Act has run into another hurdle as senators from both parties wrestle with ethics language tied to the already delayed crypto market structure bill. Eleanor Terrett of Crypto In America reported that Democratic senators left a Tuesday meeting disappointed when Republicans walked back ele...
Bitcoinist
Thu, Jun 11
Japan’s Largest Banks Eye FY2026 Stablecoin Rollout Amid Regulatory Push
As Japanese financial authorities push to expand the yen-based digital asset market, three megabanks have advanced their joint stablecoin plans by establishing a council to develop the framework for issuing the token this fiscal year. Related Reading: Japan’s SBI Bank Expands Crypto Push With BTC, E...
Bitcoinist
Thu, Jun 11
Dormant Cardano Whales Suddenly Come Alive: Is A Turning Point Near?
On-chain data reveals Cardano has observed increased transactions involving dormant coins recently, suggesting that the price decline has caused long-term holders to become active again. Cardano Has Seen Spikes In Age Consumed Recently As pointed out by on-chain analytics firm Santiment in an X post...
NewsBTC
Thu, Jun 11
Shanghai Gold selloff exposes splits in China’s commodity markets
The gold futures on the Shanghai Futures Exchange declined more than 4% at the start of trading on June 11, taking the price of silver down along with it, while the rest of China’s energy and industrial commodity futures continued to increase in price. There is a rising conflict in the commodity markets between raising...
Cryptopolitan
Thu, Jun 11
Bitcoin Bottom Not Here Yet? This Indicator Remains In Transition Phase
On-chain data shows the Bitcoin PnL Index is currently in a transition phase that has historically led into bottoms, but not immediately. Bitcoin PnL Index Has Been Going Down Recently In a new post on X, community analyst Maartunn has talked the latest trend in the Bitcoin PnL Index, which combines...
NewsBTC
Thu, Jun 11
Crypto Criminals In Crosshairs As Chainalysis Partners With South Korean Police
South Korea’s national police launched a special multi-agency task force just weeks ago to go after crypto-based money laundering. Now they have a new partner in that fight. Related Reading: The Quantum Threat Is Coming—Stellar Reveals Its Defense Strategy Building Investigative Muscle Blockch...
Bitcoinist
Thu, Jun 11
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