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Zcash Suffers Historic Collapse As Billions Vanish From Market Value
The cryptocurrency market was shaken by a dramatic collapse in Zcash price, with the privacy-focused digital asset losing more than half of its value in just 24 hours. This sudden decline erased billions of dollars from its market capitalization, making it one of the most significant single-day draw...
Bitcoinist
Sat, Jun 6
ZachXBT accuses Arthur Hayes of using followers as exit liquidity after WLD token sell-off
Blockchain investigator ZachXBT has called out BitMEX co-founder Arthur Hayes on June 6 for dumping tokens he had publicly promoted. He questioned how much “exit liquidity” Hayes’s followers absorbed in the process. This comes after Hayes exited positions in NEAR, HYPE, ZEC, and WLD in a space of two weeks, each sale following public endorsements...
Cryptopolitan
Sat, Jun 6
Bitcoin Testing A Critical Support After Sharp Market-Wide Selloff
Bitcoin is facing a pivotal moment after a sharp market-wide selloff dragged prices toward a major support level. As bearish momentum begins to slow and signs of buyer interest emerge, the coming days could reveal whether this zone becomes the foundation for a rebound or the gateway to a deeper corr...
NewsBTC
Sat, Jun 6
Tether appoints independent director to Twenty One Capital board, restoring audit committee
The vacant audit committee seat on Twenty One Capital’s board has been filled by Tether International. The company designated an independent director that meets SEC and NYSE standards. Twenty One Capital’s (XXI) audit committee now has all the members it needs after Tether appointed a new independent director. Why was Twenty One Capital missing a...
Cryptopolitan
Sat, Jun 6
The Next Bitcoin ETF Boom May Be Coming From Japan – Here’s Why
The US Spot Bitcoin ETFs are experiencing a sustained bearish performance, especially as the premier cryptocurrency succumbs to another wave of correction. Recent data suggest that these ETFs recorded 13 consecutive trading days of net outflows between Mid-May and early June, with investors pulling ...
Bitcoinist
Sat, Jun 6
Ethereum Golden Triangle Survives As Structure Remains Unbroken, This Target Says $10,000 Is Coming
Technical analysis of the 3-week chart outlook shows ETH pressing into the apex of a golden triangle formation that has survived the Covid crash, the 2022 bear market, and the ongoing 2026 correction. According to the analyst who first identified it, what happens next at the apex of that structure m...
NewsBTC
Sat, Jun 6
FBI Cracks Down On Alleged ISIS Crypto Donors, 3 Americans Arrested
A drone projectile allegedly carried the name of one of the three men now accused in a federal ISIS support case, a detail that gave investigators a rare look at how the alleged plot was being imagined. Federal authorities say the men also moved more than $2,000 in crypto and cash while discussing a...
Bitcoinist
Sat, Jun 6
CLARITY Act Momentum Slows As Approval Odds Fall To 60%
A July 4 target date for advancing crypto market-structure legislation through the Senate is now looking less certain, according to Galaxy Digital’s head of research. Senate Calendar Creates A Bottleneck Alex Thorn revised his probability estimate for the CLARITY Act passing in 2026 from 75% d...
NewsBTC
Sat, Jun 6
Solana Price Below $65 For The First Time Since 2023: Crucial Levels To Watch
The Solana price unsurprisingly crumbled under the weight of the bears, as the general cryptocurrency market saw a wave of downward pressure over the past week. The altcoin crashed towards the $60 mark on Friday, June 5th, its lowest price level since late 2023. Given the strength of this recent bea...
Bitcoinist
Sat, Jun 6
Bitcoin Price Under Bearish Pressure For 48 Straight Days On Binance
The Bitcoin price faced overwhelming bearish pressure this past week, but it appears that this bearish story has been building up for much longer than was apparent in BTC’s previous price action. According to a recent on-chain analysis, the Bitcoin price has been under sell pressure on the lar...
NewsBTC
Sat, Jun 6
Bitcoin Reserves Resuscitation, Iran War Falls Into The Background, But What’s Going On With BTC?
Bitcoin has fallen to new lows in this bear cycle, dropping below the psychological $60,000 level. This comes amid the U.S.-Iran war, which has remained muted for a while. At the same time, U.S. Treasury Scott Bessent provided an update on the Strategic BTC Reserve. Price Falls Amid Developments Wit...
Bitcoinist
Sat, Jun 6
Huasheng restricts Mainland clients as China broker crackdown spreads
The ongoing efforts by China to curb illegal activities related to cross-border brokers have extended to other companies apart from the three mentioned last month (Futu, Tiger, and Longbridge). According to the First Financial (Yicai) report on June 6, Huasheng Securities notified its customers that effective June 15 in Beijing time, it would suspend all...
Cryptopolitan
Sat, Jun 6
XRP’s Decade Of Success: Analyst Says This Is When Price Will Touch $10-$20
Crypto analyst Crypto Patel has revealed when XRP could rally to between $10 and $20. This came as he commented on the token’s history following its 14th anniversary celebration, noting that it is one of the oldest crypto assets. Analyst Reveals When XRP Will Rally To Between $10 and $20 In an X pos...
NewsBTC
Sat, Jun 6
Want In On SpaceX? Kraken Unveils Early IPO Access Via xStocks
Kraken has opened a path for eligible customers in more than 110 markets to register interest in SpaceX before the company starts public trading, and anyone who receives an allocation will get SPCXx, a tokenized claim backed 1:1 by the underlying shares. The move puts one of the year’s most watched ...
Bitcoinist
Sat, Jun 6
Analyst Who Called Cycle Top Says Bitcoin Bottom Could Be At $28,500 — Here’s When
The Bitcoin price briefly fell below the $60,000 level for the first time since 2024, succumbing to intense bearish pressure that ravaged global financial markets on Friday, June 5th. While the imminent initial public offering of SpaceX in the United States has been identified as one of the catalyst...
Bitcoinist
Sat, Jun 6
Ether Founder-linked wallet wakes up, moves $121M in ETH
Joseph Lubin, one of the co-founders of Ethereum, disposed of an Ethereum wallet holding 80,001 ETH valued at around $121.6 million in value. The move was made after more than three years of no activity on the wallet. Lookonchain data revealed that the wallet with address 0x1b3Cb81E51011b549d78bf720b0d924Ac763A7C2 held a total balance of 243,300 ETH valued...
Cryptopolitan
Sat, Jun 6
Cardano Price Could Be Heading To $0.10 — Crypto Founder Offers Insight
The cryptocurrency market has been riddled with significant selling pressure over the past week, with the Cardano price taking one of the largest hits among large-cap assets. According to CoinGecko data, the altcoin has lost more than 30% of its value in the past seven days. However, a crypto founde...
NewsBTC
Sat, Jun 6
Are Meme Coins Like Dogecoin And Shiba Inu Still Worth Buying?
In the previous bull market, meme coins like Dogecoin and Shiba Inu dominated, with gains that were previously unheard of in the space. Their popularity gave rise to meme coins of other calibre, with many seeing varying degrees of success in the market. However, with the latest cycle, meme coins see...
Bitcoinist
Sat, Jun 6
Analyst Who Predicted the Bitcoin Crash Says Price Could Reach $40,000, Here’s When
The Bitcoin price recovery back in May 2026 triggered a renewed wave of bullish optimism. But despite the rising prices, there are some who did not give in to the bullish wave, picking a more conservative stance on the cryptocurrency. With the new month, those who refused to flip bullish look to hav...
NewsBTC
Sat, Jun 6
South Korean Regulator Eases Proposed Crypto Reporting Rules Targeting Large Transfers
South Korean financial authorities have reportedly amended their proposed changes to the Specific Financial Information Act (SFIA), easing the reporting rules that targeted large crypto transactions. Related Reading: US Senators Press Bank Regulators For ‘Fair’ Crypto Capital Rules FIU Drops Reporti...
Bitcoinist
Sat, Jun 6
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