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Mississippi residents sue xAI and SpaceX over Southaven turbine noise
More than 10,000 people living near a Southaven, Mississippi facility that powers xAI’s data center operations are suing xAI and SpaceX, alleging that gas-fired turbines produce round-the-clock noise that has damaged their health and property values. The federal lawsuit, filed Tuesday in Oxford, Mississippi, names xAI, its subsidiary MZX Tech, and SpaceX as defendants. Elon...Cryptopolitan
Wed, Jun 10
House crypto tax bills face bipartisan roadblock as Democrats push to slow reform
A new push to overhaul U.S. crypto tax rules is facing growing resistance in Congress, as a House hearing on six separate bills exposed sharp divisions between Republicans, Democrats, and the crypto industry. While Republican lawmakers have pushed for faster action to modernize crypto tax treatment and provide clearer rules for investors and companies some...Cryptopolitan
Tue, Jun 9
Kalshi adds employer checks for traders participating in sensitive prediction markets to curb insider trading
U.S.-registered trading platform Kalshi said some of its traders would be required to disclose their employers when they speculate on the outcome of market outcomes related to corporate earnings, new product introductions and national security-related topics, among others, spokesman said Tuesday. The new compliance layer follows recommendations from Kalshi’s Independent Surveillance Audit Committee, which identified...Cryptopolitan
Tue, Jun 9
Bitcoin Stablecoin Ratio Drops To Extreme Low—What It Means For BTC
On-chain data shows the RSI of the Bitcoin Stablecoin Supply Ratio (SSR) has dropped to a low of 13, a sign that the stablecoin supply is high relative to the BTC market cap. Bitcoin SSR RSI Has Sharply Gone Down Recently In a new post on X, CryptoQuant analyst Maartunn has discussed the latest tren...NewsBTC
Tue, Jun 9
Bitcoin Close To Setting A New Record Despite Price Crash, But Can This Save BTC?
Market experts note that Bitcoin (BTC) is currently showing a strange mix of strength and weakness, with transaction activity climbing toward record levels even as its price continues to fall. At the moment, the market is under severe bearish pressure, yet on-chain data suggests a major shift could ...Bitcoinist
Tue, Jun 9
XRP Sees Intense Capitulation As Realized Profit-To-Loss Ratio Plunges
As the XRP price attempts to rebound from its recent lows, Glassnode has shared key on-chain metrics pointing to weakening momentum and “intense capitulation.” Related Reading: Bitmine Makes Largest Ethereum Purchase Of 2026 As Tom Lee Dismisses Market Selloff XRP Profit/Loss Ratio Falls To Lowest L...NewsBTC
Tue, Jun 9
Treasury Stablecoin Proposal Draws Major Warning From Hyperliquid Policy Center–Here’s Why
The Hyperliquid Policy Center (HPC), together with venture capital firm Paradigm, submitted a joint comment to the US Treasury on Tuesday, urging the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) to refine parts of its proposed stablecoin compliance ru...NewsBTC
Tue, Jun 9
XRP Tests Major Macro Support As Bulls And Bears Battle For Control
XRP is testing a major macro support level that could play a decisive role in shaping its next trend. With momentum hanging in the balance, a strong rebound could signal the start of a recovery, while weakness may leave the door open for deeper losses. XRP Finds Strong Footing At Critical 0.786 Fibo...NewsBTC
Tue, Jun 9
Sam Bankman-Fried’s Cellmate Says He Never Owned Up — And That’s Why A Pardon Won’t Come
Sam Bankman-Fried says he would “absolutely” welcome a pardon from US President Donald Trump. Trump, for his part, has already said no. Related Reading: Trump-Affiliated Stablecoin Hit With HTX Delisting Amid Asset Freeze Controversy Cellmate Speaks Up Michael Avenatti, who shared a pris...Bitcoinist
Tue, Jun 9
Strive CEO Matt Cole and Binance's CZ push back on Bitcoin 'death' narrative
Strive CEO Matt Cole and former Binance chief Changpeng Zhao, popularly known as CZ, have both voiced defiance against Bitcoin’s bearish momentum on Monday, even as the cryptocurrency trades roughly 50% below its October 2025 record high of over $126,000. CZ posted on X that “Bitcoin won’t be ‘dead’ for too long,” adding a reference...Cryptopolitan
Tue, Jun 9
Databricks targets $175 billion valuation as AI's private-market frenzy rolls on
Databricks is set to raise fresh capital at a valuation between $165 billion and $175 billion, despite being valued at $134 billion just four months ago. Alongside this, OpenAI, Anthropic, and SpaceX are all aiming for valuations near or above $1 trillion, adding to a trend of AI firms setting astronomical valuation targets and hitting...Cryptopolitan
Tue, Jun 9
Anthropic releases Claude Fable 5
AI giant Anthropic has on Monday released Claude Fable 5, a general-access version of its Mythos-class AI, which the company claims outperforms every model it has previously made publicly available. In addition, a restricted variant of the Mythos AI called Claude Mythos 5 will ship to US government cyber defenders through the existing Project Glasswing...Cryptopolitan
Tue, Jun 9
Bitcoin Market Moves Into A Lower-Leverage Environment – What This Means
Despite a brief bounce, Bitcoin is still struggling with heightened volatility, capping every upward attempt and keeping its price below the $65,000 mark. In this unfavorable market environment, the flagship asset may be entering a crucial phase as leverage steadily dries up across the market. Moder...Bitcoinist
Tue, Jun 9
This Bitcoin Chart Shows What To Expect For The Next 3 Months After Major Decision Point
Technical analysis of Bitcoin’s price action on the daily candlestick timeframe places the cryptocurrency around the same resistance region where previous relief rallies have failed, turning the current price area into a major decision point for the next phase of the market. At the time of wri...NewsBTC
Tue, Jun 9
Senator Warren questions CFTC on crypto and prediction markets oversight, calls weakened CFTC a "recipe for disaster"
Senator Elizabeth Warren has sent a letter to the Commodity Futures Trading Commission (CFTC) chairman Michael Selig on Monday, demanding documents related to the agency’s handling of cryptocurrency and prediction market regulation amid what she called “unprecedented presidential corruption.” In the letter, Senator Warren, the top-ranking Democrat on the Senate Banking Committee, pointed to a...Cryptopolitan
Tue, Jun 9
XRP May Reach $10 By 2027—But Bearish Conditions Could Push It Below $1, Expert Says
In a new report, market expert Sam Daodu laid out three tentative scenarios for where XRP could be heading in 2027. His projections are built around several moving parts: the CLARITY Act, the XRP Ledger (XRPL), and exchange-traded funds (ETFs). Conservative XRP Outlook Under Daodu’s most conservativ...NewsBTC
Tue, Jun 9
Bitcoin sell-off pushes over 50% of circulating supply into loss, hinting at market bottom
Bitcoin (BTC) dropped near $61,000 on Tuesday, with the latest sell-off pushing long-term market indicators toward levels historically associated with bear-market bottoms, according to a report by K33 Research.
Fxstreet
Tue, Jun 9
Trump said an Iran deal could come within two or three days
Donald Trump told reporters yet again that a deal to end the war he and Israel started with Iran could be reached in “two or three days,” even as the Middle East ceasefire cracked over the weekend and traders pulled back from oil and gold. He said the Strait of Hormuz would reopen “immediately” after...Cryptopolitan
Tue, Jun 9
Trump family’s crypto gains stay largely unaffected by bear markets after two years of rug pulls
It is June 2029, the crypto market is in full-blown winter, yet the Trump family’s crypto money looks far safer than Bitcoin and the stocks tied to one of their biggest crypto-related deals. Eric Trump and Donald Trump Jr. helped launch a public-market crypto play in August, but less than 10 months later, the company...Cryptopolitan
Tue, Jun 9
BNB To Overthrow Ethereum? Analyst Predicts What Will Push Price Above $10,000
BNB has already forced its way back into the upper end of the crypto market rankings by beating XRP in May, but the next question is much bigger than its battle with XRP. A new analysis argues that the token can still reclaim its old high and push above $2,000, but any talk of a […]Bitcoinist
Tue, Jun 9
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