Today's Crypto and Bitcoin News
Get the latest updates on Bitcoin, altcoins, blockchain, Web3, cryptocurrency prices, DeFi, and more.
Monday2026/06
06-07
Bitcoin Correlation With Tech Stocks Drops as Momentum Shifts to Chip Sector
For years, Bitcoin and tech stocks moved in lockstep, a tandem trade that became so reliable it was practically a meme. That relationship is fracturing, and the reason isn’t some crypto-specific crisis. It’s simpler than that: momentum traders found something shinier.Bitcoin’s 30-day rolling correla...
Nvidia CEO Supports Trump at Beijing Summit, Aiming to Influence US-China Tech Policy
Jensen Huang, the leather-jacket-wearing CEO who turned Nvidia into the most valuable company on the planet, flew to Beijing this week to stand alongside President Trump at a summit with Chinese President Xi Jinping. His message was unambiguous: he’s backing this administration.Huang described the M...
Bitcoin Near $60,000 as Institutional Outflows Accelerate
Bitcoin BTC$62,160.89 is back to trading at levels seen in early February: near $60,000. But this time, the response from institutions is totally different.Today, they are aggressively selling into the dip, ETF flows indicate, unlike in February, when selling slowed as prices dropped to near $60,000...
Banco BPM Proposes Merger with MPS to Create Italy's Second-Largest Bank
CoinDesk reports:Italy's banking consolidation sees new progress. Banco BPM stated locally on Sunday that it will invite Banca Monte dei Paschi di Siena (MPS) to discuss a potential merger. If the deal proceeds, the combined banking group is expected to have a market capitalization of approximately ...
Trader James Wynn Closes Short Positions, Opens Max Leverage Long on BTC and ETH
A trader known as James Wynn has made a sharp directional pivot that market participants are now monitoring closely. On-chain data flagged by Lookonchain shows that Wynn closed his short positions on Bitcoin and Solana for a combined realized profit of $6,400, then immediately opened maximum leverag...
Top Altcoins to Watch Amid Bitcoin Consolidation in June 2026
The crypto market is in extreme fear and the Fear and Greed Index sits at 13. Bitcoin is hovering around $60,000, down 22% in the first half of 2026. Ethereum has shed 29% in the first quarter alone and altcoins are bleeding across the board.AdvertisementThe SetupCrypto bear markets have historicall...
WaterX completes the first SpaceX pre-IPO quota sale on the Sui Chain in 50 minutes.
ChainCatcher report: According to official announcements, WaterX, an AI-native trading platform on the Sui blockchain, completed its first round of Pre-IPO quota sales for SpaceX (SPCX) on May 27, utilizing a first-come, first-served model, with all quotas sold out within 50 minutes. This marks the ...
Joe Lubin Says Ethereum Foundation Adjustments Are Not a Crisis
CoinDesk reports:The Ethereum Foundation’s recent budget cuts, staff departures, and restructuring have sparked ongoing community discussion. Joe Lubin, CEO of Consensys and co-founder of Ethereum, told CoinDesk that these changes are not a crisis, but rather the foundation refocusing its scope of r...
Ethereum Faces Key Support Levels as Bearish Momentum Persists
Headline: Ethereum at a Crossroads — Bear Flag Breakout Puts $1,550 and $1,400 Support Levels in the Spotlight
Ethereum is once again testing investors’ nerves as bearish momentum keeps price action under pressure. Analysts point to a fresh technical breakdown and a rejection at a key trendline as ...
TradFi 24h Gainers: MRVL Leads with a 7.58% Increase, Long-Short Funding Rates Diverge
ME News report, June 8 (UTC+8): The five assets on this list posted 24-hour price increases between 5.76% and 7.58%, all from the xyz; stocks sector, which accounted for 83.1% of the notional trading volume, while the preIPO sector accounted for 16.9%. The long-short funding rate structure showed cl...
Huang Licheng adds an ETH long position, with current floating profit exceeding $100,000.
ChainCatcher report, according to HyperInsight monitoring, Huang Licheng’s address added six long positions over the past hour, currently holding a 3,390 ETH long position with 25x leverage at an average entry price of $1,599.29, with an unrealized profit of $109,800.
DOTA 2: BetBoom vs LGD Gaming (BO3) Market Volume Reaches $2.2M in 24 Hours
ME News, June 8 (UTC+8):
Predictive market data shows that the past 24-hour trading volume for "Dota 2: BetBoom Team vs. LGD Gaming (BO3) - BLAST Slam Playoffs" reached $2.2M, with significantly increased market participation.
JPY Leads Short-Term Trading Volume Surge, Crypto and Individual Stocks Rise
ME News report, June 8 (UTC+8): All 8-hour rolling 24-hour notional trading volume samples showed positive movement, with HIP3 assets accounting for 3 out of 5. JPY trading volume increased by over 350%, and CC perpetuals rose nearly 200%.
The top 5 assets were: JPY, CC, ASML, NUCLEAR, SYRUP.
(S...
Analyst Dismisses $20K BNB Target Due to Market Cap Constraints
Analyst says a $10,000–$20,000 BNB price would require a $1–$2 trillion valuation, making such targets unlikely.Despite strong network activity, including rising stablecoin supply and transaction volume, BNB remains below key technical levels.BNB trades under its 50-day and 200-day moving averages, ...
$296 million in liquidations across crypto markets in 24 hours
Huoxing Finance reports that, according to Coinglass data, $296 million in total liquidations occurred across the network over the past 24 hours, with $216 million in short positions liquidated and $79.62 million in long positions liquidated. Additionally, BTC liquidations amounted to $104 million, ...
Limited-time offer for newcomers!
Newcomer Bonus: Up to USDT in Rewards!
Already have an account?