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S&P refuses to bend rules for SpaceX and AI giants
S&P Dow Jones Indices announced that it won’t change its rules for joining the S&P 500. This means SpaceX and other huge new public firms, called megacaps, can’t immediately become part of the benchmark that guides loads of investment money around the world. SpaceX is gearing up for what could be the biggest-ever IPO, with...
Cryptopolitan
Fri, Jun 5
Cardano Price Forecast: ADA hits five-year low even as Hoskinson clarifies "break" isn't an exit
Cardano (ADA) price is down 10% at press time on Friday, extending losses over 30% so far this week amid Charles Hoskinson's clarification that "break" isn't an exit.
Cardano
Fxstreet
Fri, Jun 5
Bitcoin Price In ’Vulnerable Position’ As 2022 Playbook Repeats – Is $54,000 Next?
While Bitcoin (BTC) trades at its lowest levels in months, some market watchers have warned that the leading crypto may be preparing for another major drop as it retests a critical technical area that has historically marked a turning point. Related Reading: Zcash Fixes Critical Orchard Vulnerabilit...
NewsBTC
Fri, Jun 5
Record Retail Buying Cannot Push Ethereum Higher – Someone Bigger Is On The Other Side
Ethereum is struggling below $1,800 as selling pressure and uncertainty keep the price well below the levels that defined the earlier phases of this cycle’s recovery. The decline has been persistent rather than sudden — and CryptoQuant data has surfaced a combination of on-chain signals that r...
Bitcoinist
Fri, Jun 5
Forward Industries resumes SOL dump, revives Treasury fears
Forward Industries moved over 455K SOL to Coinbase Prime, with the potential to sell a part of its treasury. SOL sank below $70, losing over 19.3% since the beginning of June.
Cryptopolitan
Fri, Jun 5
HYPE Defies Market Selloff As Whales Withdraw Another $108M From Exchanges
HYPE is trading above $60 despite the recent market selloff that has dragged most crypto assets to significant losses over the past several days. The relative strength is notable — but Arkham Intelligence data has revealed a series of institutional-scale transactions in the past several hours that t...
NewsBTC
Fri, Jun 5
Bitcoin Demand Falls At Fastest Pace Since LUNA Collapse: Data
On-chain data shows the total demand for Bitcoin has significantly contracted over the past month, hitting a pace comparable to the LUNA collapse. Bitcoin Spot & Futures Demand Has Shrunken Recently As pointed out by CryptoQuant head of research Julio Moreno in an X post, Bitcoin demand has been...
Bitcoinist
Fri, Jun 5
Analyst Spots XRP Signal That Preceded Every Major Rally Since 2017
XRP may be heading toward a significant price recovery if a rare technical signal repeating across multiple market cycles holds true again. Related Reading: Bitcoin’s $60K Range Seen As Potential Long-Term Accumulation Zone, Analyst Says Based on analysis, a long-term ascending channel that has guid...
NewsBTC
Fri, Jun 5
Bitcoin Falls To $61,300 As Mt. Gox Moves BTC, Raising Selloff Concerns
With roughly 24,081 Bitcoin still sitting in wallets tied to the defunct exchange, Mt. Gox has started moving funds again — and the timing could not be more charged. Related Reading: Bitcoin Eyeing $60,000 Support As Iran Strikes Hammer Crypto Markets Deadline Pressure Mounts The repayment deadline ...
Bitcoinist
Fri, Jun 5
Coinbase Reveals First Mortgage With Bitcoin Collateral Under Fannie Mae Coverage
Nearly four months after crypto exchange Coinbase and the Federal National Mortgage Association—better known as Fannie Mae—announced their partnership, the companies have now disclosed what they describe as the first-ever mortgage backed by crypto collateral. No Need To Sell Crypto The concept was o...
NewsBTC
Fri, Jun 5
Bitcoin Falls Sharply Behind Micron Technology As Investors Favor Semiconductor Exposure
After a prolonged period of downside price action, Bitcoin is now on the verge of breaking the $63,000 mark, a level that was last seen in late 2024. Given the robust drop from its all-time high of $126,000, BTC has significantly underperformed when compared to several assets in the stock market. Mi...
Bitcoinist
Fri, Jun 5
Bitcoin’s Most Important Metric Flashes Warning As Bulls Fight To Hold $60K
Bitcoin has experienced significant selling pressure following a 16% drop since Monday — a decline that has compressed the recovery from the cycle lows and forced a reassessment of where the market’s structural support actually lies. Against that backdrop, CryptoQuant analyst Woominkyu has ide...
NewsBTC
Fri, Jun 5
Arthur Hayes' “Holy Trinity” is dead: Exits Zcash after Orchard Pool exploit
Arthur Hayes has entirely dumped his “Holy Trinity” holdings by offloading his Zcash (ZEC) holdings on Friday.
Fxstreet
Fri, Jun 5
Coinbase Targets Crypto Crime, Freezing $3M Linked To Scam Operations
Coinbase moved to freeze more than $3 million in crypto linked to scam networks operating across Southeast Asia, a move that came as US authorities and private firms widened a joint campaign against fraud rings that have drained billions from Americans. The freeze was announced during Disruption Wee...
Bitcoinist
Fri, Jun 5
Bitcoin Price Back At $63,000 Despite 1.2 Million BTC Absorption
Data shows the spot ETFs and Strategy have absorbed more Bitcoin than Satoshi’s stack since the asset was last at $63,000, yet the asset has returned to the same level. Bitcoin Could Be Headed Toward The Realized Price In a new post on X, CryptoQuant founder Ki Young Ju has talked about the la...
NewsBTC
Fri, Jun 5
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – Bitcoin eyes $60,000, Ethereum risks $1,750, XRP could test $1
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices edge lower on Friday, extending a steady decline of roughly 15% so far this week. Institutional outflows weigh on Bitcoin and Ethereum while XRP largely follows the broader market trend.
Bitcoin
Ethereum
XRP
Fxstreet
Fri, Jun 5
CME CEO Terry Duffy warns crypto perpetual futures could threaten market stability
On June 4, Terry Duffy, CME Group’s chief, blasted perpetual futures, calling them “a disaster waiting to happen.” He warned that U.S. regulators could destabilize financial markets by allowing U.S. investors access to perpetual futures. Shares of major U.S. exchange operators are falling as investors worry these futures will shift competition across asset classes, according...
Cryptopolitan
Fri, Jun 5
Ethereum Price Downtrend May Not Be Over—Sub-$1,700 Levels Loom
Ethereum price started a fresh decline and traded below $1,750. ETH is now consolidating below $1,750 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $1,800. The price is trading below $1,780 and the 100-hourly Simple Moving Average. There is a bearis...
NewsBTC
Fri, Jun 5
Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy
BitMine Immersion Technologies is seeking $300 million through a preferred stock sale that would pay a 9.5% annual dividend and, if approved, be listed on the New York Stock Exchange. The filing gives the Tom Lee-led company fresh money it can use to add more Ether while tying investor returns to a ...
NewsBTC
Fri, Jun 5
XRP Whales Have Stopped Selling On Binance, But Why Is Price Crashing?
New reports reveal that XRP whales are withdrawing from Binance, the world’s largest crypto exchange, in massive numbers. As a result, sell-offs on the platform have largely stopped, with whales moving most of their tokens into private wallets. With these large investors now controlling a sign...
Bitcoinist
Fri, Jun 5
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