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Jeff Bezos dismisses AI job fears, predicts labor shortage as workers brace for automation
Jeff Bezos recently stated that artificial intelligence will result in labor scarcity and raise the global standard of living. He joins a growing number of tech leaders who are pushing back on fears that AI will lead to mass unemployment. However, federal data and the number of laid-off corporate employees paint a more complicated...Cryptopolitan
Thu, Jun 11
The Bitcoin 400-Day Cycle: Historical Performance Shows How Low The Bottom Goes
A crypto analyst has projected just how low Bitcoin (BTC) could fall during this market cycle, sharing a timeline for a potential price bottom. The expert has based his bearish outlook on the Bitcoin 400-day cycle, a recurring pattern that has consistently appeared across multiple market phases. Dra...Bitcoinist
Thu, Jun 11
Analyst Predicts Bitcoin Price Has Entered The Final Bear Market Phase
A crypto analyst has stated that the Bitcoin price remains firmly in a bear market, projecting more volatility and pain ahead for the world’s largest cryptocurrency. The expert also noted that BTC has entered the final phase of this bearish stage, a period where the market is expected to reach its l...NewsBTC
Thu, Jun 11
China leads the US in everyday AI use, but adoption is quietly killing white-collar jobs
China’s AI boom is reaching millions of people, but it is also cutting jobs and fueling tensions with the United States. China has pulled ahead of the United States in putting AI tools into everyday use, according to tech industry leaders and investors gathered in Shenzhen this week. But those same voices are sounding alarms...Cryptopolitan
Thu, Jun 11
Ethereum Nears 200 Million Non-Empty Wallets Despite Market Uncertainty
Despite persistent market uncertainty and bearish sentiment across parts of the cryptocurrency sector, Ethereum is approaching a significant adoption milestone, with the number of non-empty wallets nearing 200 million. While price fluctuations often dominate investor attention, the steady growth in ...NewsBTC
Thu, Jun 11
Citi to launch tokenized securities for private companies to its affluent users
Citigroup officially unveiled a product called Digital Depositary Receipts today, created to give its affluent and institutional clients a way to buy into private companies through blockchain-recorded securities issued and governed by the bank. Citi is betting on this launch of a tokenized securities product for private companies cracking open a private market that has...Cryptopolitan
Thu, Jun 11
Hedgeye’s New Bitcoin ETF Filing Targets One Of BTC’s Biggest Problems
Hedgeye has filed for a “Hedged Bitcoin” ETF that would combine exposure to spot ETFs with an options overlay designed to reduce volatility and manage downside risk. Bloomberg ETF analyst James Seyffart flagged the filing on X, calling it a new attempt to package BTC exposure in a more defensive wra...Bitcoinist
Thu, Jun 11
Ethereum Futures Just Hit A Binance Record: Are Traders Calling The Bottom?
Ethereum derivatives activity is flashing a fresh signal on Binance, where open interest measured in ETH terms has reached a new all-time high. The move comes as traders reassess Ethereum after a steep drawdown, even as macro and geopolitical uncertainty continue to suppress broader risk appetite. C...NewsBTC
Thu, Jun 11
Bithumb CEO Lee Jae-won faces bribery charges as legal woes deepen
The South Korean police have formally named Bithumb CEO Lee Jae-won as a suspect in their ongoing bribery investigation, mentioning that the CEO hired the son of an independent lawmaker as a political favor. The development is part of a series of charges and fines aimed at the exchange, leaving it managing one crisis after...Cryptopolitan
Thu, Jun 11
Nakamoto sells 600 BTC to pay down $45 million Kraken debt as reserve liquidation grows
Earlier today, Nakamoto Inc. (Nasdaq: NAKA) delivered news of its sale of roughly 600 Bitcoins and related derivative positions to attend to a $45 million Kraken loan. That news could not have been timed worse, as it becomes yet another headline of a publicly traded Bitcoin treasury firm being forced to offload some of its...Cryptopolitan
Thu, Jun 11
Zcash’s Orchard pool sees major withdrawal after 70% rebound
An unknown address on Wednesday withdrew around 1% of all the ZEC in Zcash’s shielded Orchard pool. This comes six days after ZEC started rallying following a 38% decline that was caused by the discovery of a long-time vulnerability in the privacy pool itself. It led to speculation over who controls the large balances in...Cryptopolitan
Thu, Jun 11
Is Dogecoin Dead Or Could The SpaceX IPO Lead To A Revival?
Dogecoin is once again facing questions about its future as prices hover near multi-year lows and investor enthusiasm continues to fade. Yet just as many traders are beginning to lose confidence, a massive event tied to Elon Musk’s business empire is generating fresh discussion about whether D...Bitcoinist
Thu, Jun 11
Bitcoin Has Never Broken This Line Before And Price Just Touched It Again
Crypto analyst Crypto Rover has pointed to a trendline that Bitcoin has never broken below in every market cycle. The leading crypto has now touched this trendline, providing optimism that it could bounce from that level as it did in previous bear cycles. Bitcoin Touches Trendline That Has Led To Pa...NewsBTC
Thu, Jun 11
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.
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
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