Today's Crypto and Bitcoin News

Bitcoin is testing a trendline that marked three prior market bottomsBTC has fallen about 13% over the past week amid selling pressureA break below support could invalidate the historic bottom signalBitcoin is testing a long-term support trendline that has previously coincided with major market bott...

Odaily Planet Daily report: According to MSX.COM data, the Hong Kong Hang Seng Index closed down 1.15%, and the Hang Seng Tech Index fell 1.75%. Memory stocks led the declines, with Southern 2x Long SK Hynix dropping over 19%, Southern 2x Long Samsung Electronics falling over 13%, Monolithic Power S...

ME News reports that on June 5 (UTC+8), Bitcoin’s price is approaching the critical support level of $60,000; a break below could trigger accelerated selling. Jean-David Péquignot, Chief Business Officer at Deribit, stated that $60,000 is not only a psychological round number but also a structura...

Bitcoin keeps grinding lower, now at $62,875 and down 14% on the week. The selling has a clear engine: spot ETFs just set a record 13-day outflow streak, hemorrhaging $4.4 billion. But the deeper story this week is where that money is going, and it is not what most people assume.Bitcoin is trading n...

Bitway breaks from accumulation zone as price rallies more than 238% in 24 hoursRecord $7 million open interest signals rising trader confidence in BTW rallyDeclining exchange outflows reduce selling pressure and support bullish momentumBitway (BTW) has emerged as one of the strongest-performing dig...

Huo Xing Finance reports that on June 5, according to market data, U.S. semiconductor stocks declined pre-market: Qualcomm (QCOM.O), Intel (INTC.O), and AMD (AMD.O) each fell about 3%, TSMC (TSM.N) dropped 2.5%, and NVIDIA (NVDA.O) declined 1.5%.

Odaily Planet Daily reports: "New Stock God" Serenity debated with Garrett Jin over the optimal entry timing for the A-share robotics sector. Previously, Serenity posted on X that humanoid robotics is the most favored Chinese listed sector, but Garrett Jin, agent of the "1011 Insider Whale," argued ...

CoinDesk reports:Mira Murati, former Chief Technology Officer of OpenAI and current CEO of Thinking Machines Lab, was interviewed by Bloomberg in San Francisco. This was her first major public appearance in approximately 18 months. Over the past year and a half, the company has remained largely low-...

CME Group CEO Terry Duffy warned this week that the U.S. rollout of regulated cryptocurrency perpetual futures — or “perps” — could be “a disaster waiting to happen,” arguing the products introduce outsized risk for retail investors and could strain the wider financial system. Speaking at Piper San...

SEC Commissioner Hester Peirce raised a major question for the DeFi world Tuesday: should open-source blockchain developers be treated like regulated market intermediaries simply because others use their code? Speaking at the IC3 Blockchain Camp at Princeton University, Peirce argued that writers o...

Headline: Top U.S. Banks Back Tokenized Deposit Network, Aiming for 2027 Launch to Counter Stablecoin Push Major U.S. banks are preparing a collective move into blockchain-based payments: the Clearing House — the real-time payments network owned by JPMorgan Chase, Bank of America, Citigroup, Wells ...

ME News report, June 5 (UTC+8): All top 5 24-hour gainers were positive, with BX-USDC leading at +6.94%. BB-USDC recorded the highest notional trading volume at $32.78M, and the sector was dominated by equities (86.86%). Funding rates showed divergence: NATGAS, BB, and LLY had positive funding, indi...

ME News reports that on June 5 (UTC+8), the combined 24-hour notional trading volume of the top 5 assets on this list reached $1.8 billion, with high concentration across sectors: indices accounted for 57% of notional volume, stocks for 26%, and commodities for 17%. Price movements and funding rates...

According to Beating Monitor, Supabase announced the completion of a $500 million Series F round led by GIC, with participation from Stripe, Georgian, Salesforce Ventures, and others, bringing its post-money valuation to $10.5 billion. CEO Paul Copplestone stated that the funds will be used to devel...

ChainCatcher report, according to CoinDesk, Deribit’s Chief Business Officer Jean-David Péquignot stated that $60,000 is a key structural threshold for Bitcoin. Over the past year, significant institutional capital—including ETF buyers, large holders, and short-term speculators—has bought Bitcoin in...