Today's Crypto and Bitcoin News
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Tuesday2026/06
06-04
Ramp Report: Many U.S. Firms Choose DeepSeek API to Reduce Costs
According to monitoring by Beating, a report released by Ramp, a U.S.-based business expense management platform, for June 2026, China’s AI company DeepSeek has topped the list of popular software. Despite prior U.S. government restrictions on Chinese large models, actual commercial transaction data...
US Proposes 10-12.5% Tariffs on 12 Countries Over Forced Labor Concerns
The Office of the United States Trade Representative dropped a nearly 100-page report on June 2 proposing fresh tariffs on imports from a dozen economies that, according to the agency, have failed to crack down on goods produced with forced labor. The proposed duties range from 10% to 12.5%, dependi...
Mt. Gox Transfers 116.3 BTC Worth $8.16M to Bitstamp
Mt. Gox deposited 116.3 BTC into Bitstamp. The transferred Bitcoin is valued at approximately $8.16 million. The transaction was identified through blockchain data tracked by Arkham.Mt. Gox Bitcoin Transfer Draws Market AttentionThe cryptocurrency community is once again watching wallet activity lin...
Ethereum Hits 14-Week Low as Bitmine Raises $300M in Preferred Stock Amid $9.2B ETH Loss
Ethereum NewsBitmine Immersion Technologies is launching a $300 million perpetual preferred stock offering, adopting the same financing template that Strategy popularized in the Bitcoin treasury sector. The firm filed with the SEC to issue 3 million shares of 9.50% Series A perpetual preferred stock...
Deel Launches DLUSD Stablecoin for Global Payroll Without US Bank Accounts
Two announcements from traditional financial powerhouses this week signal that stablecoins are becoming the plumbing of everyday finance.Getting Paid in StablecoinsDeel, the global payroll platform serving 40,000 businesses and 1.5 million workers across 150 countries, launched DLUSD on June 3, a cu...
BTC, ETH, SOL, XRP ETFs Lose $4.4 Billion in 13 Sessions, HYPE ETF Remains Positive
The bitcoin ETF bleed has spread across crypto. U.S. spot bitcoin funds shed another $396.60 million on Wednesday, extending a record outflow streak to 13 straight sessions and a $4.37 billion drain since mid-May, while ether, solana and XRP products joined the redemption wave. Hyperliquid's spot HY...
Bitmine Immersion to Raise $300M via Preferred Stock to Buy More Ethereum
Bitmine Immersion Technologies is reaching for more Ethereum, and it’s willing to pay nearly double-digit yields to get it.The NYSE-listed firm (ticker: BMNR) announced plans to issue 3 million shares of 9.50% Series A Perpetual Preferred Stock, priced at a stated value of $100 each. If fully subscr...
Gauntlet and Resolv Reach Agreement on USR Vulnerability Compensation, Over 4.38M USDC Available via Merkl
According to ME News, on June 4 (UTC+8), the DeFi risk management protocol Gauntlet and the on-chain yield protocol Resolv reached a compensation agreement regarding the USR vulnerability. Affected Gauntlet strategy vault users can claim a total of 4,379,827 USDC in recovery funds via Merkl. Claims ...
Cardano Founder Warns of More Project Failures in 2026
Story HighlightsCharles Hoskinson warns a wave of Cardano project failures could be approaching by the year end.TapTools and JPG Store closures raise concerns about ecosystem sustainability today.ADA remains under pressure while ecosystem consolidation accelerates across Cardano.Cardano founder Char...
DAT companies face crisis as mNAV falls below 1 and ETFs continue net outflows
ME News reports that on June 3 (UTC+8), Bitmine, Tom Lee’s Ethereum treasury company, announced plans to publicly offer $300 million in perpetual preferred shares with a 9.50% dividend, paid weekly in cash. Earlier in late May, Strategy sold its first Bitcoin in four years—32 BTC, worth approximatel...
CFTC Ends No-Deny Settlements in Crypto Enforcement
The U.S. Commodity Futures Trading Commission has abolished a long-standing policy that barred settlements when a defendant publicly denied the agency’s allegations. The move, disclosed this week, ends nearly three decades of a rule critics say stifled free speech while supporters argued it helped p...
Peter Schiff Calls Bitcoin a Bubble Amid Trump's Crypto Push and Strategy Sale Debate
Peter Schiff said Trump’s promise to make America the Bitcoin capital helped attract crypto votes and donations.Schiff argued that America could suffer most if the crypto bubble bursts.Coin Edition questioned why institutions, companies, and governments continue to increase their crypto exposure.Pet...
Bitmine Launches $300M Preferred Stock Offering to Boost Ethereum Holdings
The company plans to use the proceeds to buy more ETH, expand its staking and validator operations, and repurchase common stock. Bitmine currently holds approximately 4.7 million staked ETH, representing about 4.49% of Ethereum’s total supply.Bitmine Bets Bigger on EthereumBitmine Immersion Technolo...
DAT companies face a liquidity crisis as mNAV falls below 1
Odaily Planet Daily reports: On June 3, Bitmine, Tom Lee’s Ethereum treasury company, announced plans to publicly offer $300 million in 9.50% perpetual preferred shares, with dividends paid weekly in cash. Previously, at the end of May, Strategy sold its first bitcoins in four years—32 BTC, worth ap...
AVGO Revenue Forecast Misses Expectations, Revealing Vulnerabilities in the AI Supply Chain
BlockBeats news, on June 4, U.S. market KOL Herman Jin (@ShanghaoJin) commented on the post-market decline of AVGO by 13.78% on social media, stating that this correction is a "temporary pain," the market has extremely low tolerance for errors, but the fundamental outlook for key suppliers remains p...
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