Today's Crypto and Bitcoin News

Zcash just reminded everyone that privacy coins aren’t dead. They were just napping.ZEC’s market capitalization ballooned by $1 billion in less than 24 hours during a rally that saw the token surge over 30% on May 6, pushing prices near $607. By May 9, ZEC had climbed above $614, landing a total mar...

Israeli warplanes hit Hezbollah targets in Beirut’s Dahieh district on June 7, breaking a US-brokered ceasefire that had barely lasted a week. Bitcoin dropped nearly 3% in the hours that followed, falling to approximately $71,276 as traders scrambled for the exits on yet another Middle Eastern escal...

BlockBeats news, on June 8, Marvell Technology (MRVL.O) stock rose to a new intraday high, with its market capitalization reaching $265.1 billion.Marvell continues to lead the U.S. optical communications sector with a gain of over 15%, while gains among other sector stocks narrow: POET rises 7.93%, ...

Strategy bought 1,550 BTC after a rare 32 BTC sale.Bitcoin is stabilising near $63K after a sharp 20% monthly drop.Analysts split on whether the $60K support will hold or break lower.Bitcoin has been moving through a volatile stretch marked by sharp liquidations, uneven recovery attempts, and confli...

CoinDesk reports:Foreign media report that, amid AI reshaping job structures and increasing difficulty in recruiting experienced talent, Spotify is placing internal mobility higher in its hiring strategy. The company’s head of human resources stated that external hiring has not disappeared, but orga...

BlockBeats report: On June 8, the Ontario Teachers' Pension Plan is expected to realize a substantial return from SpaceX’s IPO. The fund invested approximately $2.2 billion in SpaceX in 2019, when the company was valued at around $33 to $36 billion.If SpaceX goes public as planned at $135 per share,...

BlockBeats news, on June 8, the cross-chain bridge built by KelpDAO on LayerZero was attacked in April, resulting in a loss of $292 million, which triggered a $8.45 billion deposit run on the DeFi lending protocol Aave within 48 hours. In response to external doubts about the protocol’s risk managem...

Author: Su YangEditor: Xu QingyangOn June 5, the Korean stock market experienced a "Black Friday," with the KOSPI index closing down 5.54%. On June 8, after opening, the intraday decline widened to over 8%, triggering a circuit breaker; both Samsung and SK Hynix fell nearly 10%.Amid market panic, Hu...

Strategy added another 1,550 Bitcoin to its balance sheet this week, a move that may help calm investor concerns sparked by the company’s rare BTC sale days earlier.The company disclosed it purchased the Bitcoin for roughly $101.3m, bringing its total holdings to 845,256 BTC.The latest accumulation ...

PANews, June 8: According to CoinDesk, Ledger CTO Charles Guillemet stated that the EU’s MiCA regulations, with their tiered minimum capital requirements and high costs for legal, audit, and compliance functions, are unaffordable for small crypto startups, instead creating a moat for traditional fin...

Key PointA $292 million exploit of KelpDAO's LayerZero-powered bridge triggered an $8.45 billion deposit run on Aave within 48 hours. Stani Kulechov, founder and CEO of Aave Labs, said at the Proof of Talk event in Paris last week that Aave V3 has been resilient during turbulent times. The emergency...

The price of XRPUSD is a concern for investors worldwide—especially the question of whether the price could ever drop to zero. In this analysis, we examine the realistic scenarios that would be necessary for this to happen and why a total loss remains extremely unlikely under current conditions.Key ...

Markus Thielen of 10x Research stated that Bitcoin’s drop below $60,000 was primarily due to institutional selling through spot Bitcoin ETFs following the release of April U.S. inflation data. Since the April CPI report was published on May 12, net redemptions from U.S.-listed Bitcoin ETFs have reac...

Prominent gold advocate and Bitcoin critic Peter Schiff has renewed his criticism of Strategy and its aggressive Bitcoin accumulation strategy.According to Schiff, Strategy has abandoned the model that previously increased Bitcoin’s value for common shareholders. In an X post, Schiff argued that the...

Very few companies have become as closely associated with Bitcoin as MicroStrategy, now known as Strategy Inc. Under the leadership of its co-founder and executive chairman, Michael Saylor, the company transformed from a business intelligence software firm into the largest corporate holder of Bitcoi...