Today's Crypto and Bitcoin News
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Shiba Inu Whale Moves 400B SHIB After 10-Month Dormancy
A Shiba Inu whale has resurfaced after nearly 10 months of dormancy, transferring almost 400 billion SHIB tokens. The activity emerged this week and quickly drew market attention due to its timing, which coincided with a broader cryptocurrency market downturn.Key PointsA dormant Shiba Inu whale beca...
Cardano Drops to 16th in Crypto Rankings Amid Price Collapse and Ecosystem Challenges
Cardano has suffered one of the most significant setbacks in its history, falling out of the top 15 cryptocurrencies by market capitalization after weeks of intense selling pressure. The latest drop occurred after both Monero and Canton surpassed Cardano’s market valuation, pushing ADA to 16th place...
XRP 70% Drop Mirrors 2020 SEC Lawsuit Crash, Pundit Hints at 1,200% Gains
XRP latest market downturn is drawing comparisons to one of the asset’s most dramatic recoveries. Crypto commentator Digital Outlook argues that the current sell-off resembles the conditions that preceded XRP’s explosive rally after the SEC lawsuit in late 2020.The commentator recalled aggressively ...
Ex-Ripple CTO Predicts Tokenized Stocks, Repos, and Loans on XRP Ledger
Former Ripple CTO David Schwartz believes the XRP Ledger’s utility is expanding beyond payments and stablecoins. He said enterprises are increasingly using the blockchain to bring traditional financial assets on-chain.Speaking in a recent edition of XRP in One Minute, Schwartz highlighted how the XR...
A $2.85 billion Bitcoin lawsuit address transfers after 14 years of inactivity
Odaily Planet Daily reports: A Bitcoin address that had been inactive since March 2011 transferred 35.55 BTC this week. This address is linked to a lawsuit in New York involving 39,069 wallets. The case was filed by the pseudonymous plaintiff Noah Doe and two Wyoming LLCs, seeking legal ownership of...
HYPE ETF Attracts $160M Amid Bitcoin's Decline, Sparks Wall Street Crypto Buzz
ChainCatcher report: Despite recent declines in Bitcoin and Ethereum, ETF products tracking Hyperliquid’s native token, HYPE, have attracted significant capital inflows. Bitwise and 21Shares launched spot HYPE ETFs in May this year (ticker symbols: BHYP and THYP), which have collectively drawn nearl...
Morgan Stanley and Galaxy Digital Launch Spot Bitcoin ETP Conversion Program
Morgan Stanley Wealth Management partners with Galaxy Digital to enable crypto-to-spot ETP share conversions for eligible investors.The program supports in-kind creation of shares like the Morgan Stanley Bitcoin Trust, reducing onboarding times by up to 75%.Galaxy lowers minimum lending requirements...
Dormant Bitcoin Wallet Moves Coins in $285B Ownership Lawsuit
Key PointA Bitcoin address that held 35.55 BTC untouched since March 2011 moved coins after being named as a defendant in a New York state lawsuit. mempool.space data recorded the wallet sending 15 BTC to a new address and keeping 20.55 BTC as change in Bitcoin block 952,104 at 16:46 UTC on June 2. ...
Trump Explores AI Ownership Plan to Share Industry Profits with Americans
Trump explores AI ownership model that could benefit American households.OpenAI’s Sam Altman reportedly revived discussions with senior officials.Key ownership, governance, and distribution details remain under review.President Donald Trump has confirmed that his administration is examining a propos...
Worldcoin Price Eyes $0.70 Resistance After Sharp WLD Drop
Worldcoin price faces major resistance at the $0.70 level.WLD fell 28% after Arthur Hayes disclosed a full exit.A strong breakout could improve short-term market sentiment.Worldcoin price is back in focus after a volatile week that saw WLD lose a large portion of its recent gains. Analyst Crypto Ton...
US Jobs Data Cuts Fed Rate Cut Probability in June
The U.S. labor market continues to perform robustly, with job numbers for May surpassing expectations. According to the latest data, 172,000 jobs were added, contributing to an unemployment rate of 4.3%. This development appears to be reducing the probability of an imminent Federal Reserve rate cut,...
Hormuz Strait disruption boosts Q1 profits to $36B; tanker owners fear market crash
According to the Financial Times, the global oil transportation industry recorded a record profit of $36 billion in the first quarter, driven by the war that erupted in February and Iran’s blockade of the Strait of Hormuz. However, as the United States and Iran negotiate to reopen this critical wate...
Michael Saylor Defends Bitcoin Amid $12.27B Paper Loss, Cites AI Capital Absorption
Bitcoin is under sustained pressure — trading at $61,100 after a -1.21% 24-hour decline. The asset is now -30.18% year-to-date and has lost more than 50% from its December 2025 all-time high of $126,198 — with a market cap of approximately $1.224 trillion.As we covered in our Bitcoin 200 SMA bearish...
Semiconductor stocks' two-month rally pauses as VIX surges 40%
BlockBeats news, on June 6, as the semiconductor sector experienced a sharp correction, the Cboe Volatility Index (VIX), known as Wall Street's "fear gauge," surged nearly 40% in a single day, marking its largest increase since March this year. The VanEck Semiconductor ETF (SMH) fell nearly 10% intr...
Starknet v0.14.3 to Launch on Mainnet on June 22
StarkWare announced that Starknet v0.14.3 will launch on mainnet on June 22, with the testnet version scheduled for June 9. The new version supports dynamic L2 gas adjustment based on STRK, improved block generation speed, reduced L2 gas consumption per block, maintains the maximum block size, and d...
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