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Ethereum Exchange Supply Keeps Falling – So Why Isn’t Price Rising?
Ethereum is struggling below $1,700 as aggressive selling pressure defines the market structure and the recovery that once appeared to be building has now given back a significant portion of its gains. The price is at levels that are testing the resolve of holders who maintained positions through th...
Bitcoinist
Sat, Jun 6
U.S. stocks plunge as prediction markets increase Fed rate hike odds amid solid jobs data
U.S. stocks and Wall Street suffered the sharpest selloffs in months on Friday, with traders seeing a higher chance of Federal Reserve interest rate hikes after May payroll figures from the Bureau of Labor Statistics exceeded expectations massively. The figures released on Friday from the Bureau stated that the economy added 172,000 jobs last month,...
Cryptopolitan
Sat, Jun 6
More Bitcoin Investors Slip Into Unrealized Losses Following Recent Selloff – Here Are The Numbers
Bitcoin’s recent pullback has significantly flipped the sentiment across the market, with many predicting a more sustained downward performance toward the $60,000 price mark. Following this sharp decline, more investors are now underwater as BTC’s holders’ profitability strongly declines. Bitcoin’s ...
Bitcoinist
Sat, Jun 6
Veteran Analyst Eyes $53,000 Bitcoin As Final Cycle Stage Begins
Veteran crypto analyst Bob Loukas says Bitcoin has entered the final stage of its current four-year cycle, but warned that the market may still need another leg lower before a durable cycle bottom is in place. In his latest “4-Year Journey” update, published on June 4, Loukas framed Bitcoin’s recent...
NewsBTC
Sat, Jun 6
OpenAI and Trump administration discuss possible government stake in OpenAI
Senior White House officials and major AI companies, including OpenAI, have held preliminary talks about the U.S. government acquiring equity and potentially purchasing stakes in AI firms, according to a NOTUS report. The discussions between the Trump admin and these AI firms could reshape how Americans share in AI’s financial upside in the long term...
Cryptopolitan
Sat, Jun 6
Proteus upgrade lets workers boss around Amazon's warehouse robots
Amazon's upgraded Proteus warehouse robot takes voice commands and roams entire fulfillment centers. European rollout starts 2027 as part of €10B investment.
Cryptopolitan
Sat, Jun 6
SpaceX signs $920 million a month cloud compute deal with Google
SpaceX is primed to receive a whopping $920 million per month from Google, so the latter can make use of its AI cloud computing facilities, according to an SEC filing today. This gives Elon Musk’s rocket, AI, and satellites company another major cloud customer weeks before its planned IPO. The agreement runs from October 2026...
Cryptopolitan
Sat, Jun 6
Solana Treasury Bet Turns Sour: Firm Sits On $1.13B Unrealized Loss
Solana has been struggling with selling pressure as the broader market feels the weight of a correction that has tested support levels across the ecosystem. The price is under stress — and data from Arkham Intelligence has identified a specific institutional transaction that adds a direct supply dim...
NewsBTC
Sat, Jun 6
Why The Extreme FUD And Bearish Pressure Could Be Good News For The XRP Price
The XRP price has continued its downward sweep, currently trading slightly around $1.1 after declining over 14% this week. As upward momentum and trading activity weaken, on-chain reports reveal that the market is now being dominated by bearish pressure and extreme Fear, Uncertainty, and Doubt (FUD)...
Bitcoinist
Sat, Jun 6
Bitcoin’s Market Structure Reflects The Influence Of Major Investors
Bitcoin’s market structure is increasingly reflecting the growing influence of major investors, as institutional capital continues to shape price action, liquidity, and overall sentiment. Unlike earlier cycles driven largely by retail participation, today’s market dynamics are more closely tied to t...
NewsBTC
Sat, Jun 6
Bitcoin briefly tips $60K, stocks decline as strong labor data fuels hawkish Fed expectations
Bitcoin (BTC) briefly fell below the $60,000 mark on Friday as risk assets came under heavy pressure following a stronger-than-expected US jobs report. The US jobs data triggered a sharp repricing of Federal Reserve interest rate expectations, according to an X post by The Kobeissi Letter.
Bitcoin
Fxstreet
Fri, Jun 5
Hyperliquid Faces 5 Possible Paths As US Regulatory Pressure Builds: Expert
Hyperliquid is facing a growing set of regulatory constraints in the US and UK, even as the decentralized perpetuals venue continues to attract major market attention. Derek Edwards, managing partner at Collab+Currency and co-founder of Glitch Marfa, said the project now appears to have five possibl...
Bitcoinist
Fri, Jun 5
Election bets put Polymarket under criminal scrutiny in South Korea
It seems that the South Korean authorities have initiated the country’s first-ever criminal case against the local users of Polymarket. It has created another legal front in the wave of actions taken against the prediction market operators. According to the reports, police departments are using their cyber units to investigate transactions and figure out the...
Cryptopolitan
Fri, Jun 5
Bitcoin’s Crash Has Broken Below A 4-Month Support, But There’s Still One More Play Left
Bitcoin (BTC) has been in a sharp downtrend over the past two weeks, facing steady declines as selling pressure, market volatility, and negative sentiment weigh on its price. During one of its recent market crashes, a crypto analyst noted that BTC had officially broken below a critical four-month su...
NewsBTC
Fri, Jun 5
SEC moves forward on rules for tokenized securities trading, prioritizes "innovation without arbitrage"
The US Securities and Exchange Commission (SEC) is developing a regulatory framework for the listing and trading of tokenized securities. The agency seeks to integrate blockchain-based assets into traditional financial markets without creating regulatory advantages for any market participant.
Fxstreet
Fri, Jun 5
Bitcoin crashes to $59,000 as market stops believing in the HODL-at-any-cost story
Bitcoin broke under $60,000 on Friday, and the market did not exactly take it like adults in a room. The biggest crypto asset was trading around $59,911, down about 6% on the day and 18.7% for the week. This saw the price of Bitcoin falling to its lowest level since 2024 and by 52% from...
Cryptopolitan
Fri, Jun 5
Could Solana Be The Best Spot Trading Market Globally? This Crypto Pundit Thinks So
Heavily haken by ongoing volatility, Solana and its broader market are facing heightened downside pressure, pushing its price to the $68 mark. Despite how bearish SOL has turned out over the past few months, robust optimism continued to be expressed toward the leading altcoin and its market capabili...
Bitcoinist
Fri, Jun 5
Hyperliquid Strategies Stays Profitable: Strategy And Bitmine Record Losses Above $10 Billion
Crypto markets endured further pressure this week as the sell-off spread to some of the industry’s largest digital asset treasuries (DATs). As of Friday, Bitcoin (BTC) had slipped back below $60,000 for the first time since 2024, Ethereum (ETH) was trading around $1,550, and Hyperliquid (HYPE)...
NewsBTC
Fri, Jun 5
Uniswap founder Hayden Adams says he's 'extremely bullish' on DeFi and Ethereum
Hayden Adams, the creator of Uniswap, recently compared today’s market conditions to the 2018 bear market that produced Uniswap itself. He also declared that he is “extremely bullish on DeFi and Ethereum.” The declaration came one day after Uniswap trackers reported that the protocol burned a record daily total of 134,000 tokens due to a...
Cryptopolitan
Fri, Jun 5
Institutions Are Loading Up On XRP, But Liquidity Tells A Different Story
XRP is attracting institutional capital at a time when liquidity across the market is moving in the opposite direction. Fresh ETF inflows and growing accumulation among long-term holders continue to support the bullish case, but recent data suggest a different challenge is emerging beneath the surfa...
NewsBTC
Fri, Jun 5
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