Today's Crypto and Bitcoin News

XRP breaks February support, trades near $1.12 after 70% drop from $3.65 peak.Institutional inflows hit $1.41B while retail sentiment reaches extreme fear levels. Analysts see accumulation zone $0.50-$1.80, targeting $5-$15 if buyers reclaim range.Ripple’s XRP has finally slipped below a trading ra...

CoinDesk reports:U.S. enterprises are shifting their focus in AI tool procurement. Ramp’s May AI Index shows that Anthropic’s Claude has risen to a 34.4% adoption rate among U.S. businesses, slightly surpassing OpenAI’s ChatGPT at 32.3%. This data, derived from corporate card and invoice records of ...

Cardano founder Charles Hoskinson says more DeFi projects could shut down in 2026 amid funding and market pressures.TapTools will close after executive departures and rising infrastructure costs, highlighting ecosystem sustainability issues.Hoskinson cites governance and treasury limitations as key ...

BlockBeats news, on June 6, as Bitcoin briefly fell below $60,000, the probability on Polymarket of Bitcoin dropping to $55,000 in June rose to 41% (up from 4% on June 2). Additionally, the probability of it falling to $50,000 is 18%, while the probability of it rising to $65,000 is 57%.

CoinDesk reports:Coinpedia, citing analyst views, noted that after Bitcoin fell below $60,000, the market began comparing this correction to the 2022 bear market. The article suggests that what deserves more attention now is the weakening rebound, indicating declining buying pressure.This round of p...

CoinMarketCap reports:After ADA dropped to its lowest level in nearly four years, market interest in Cardano has noticeably increased. According to data cited by CoinDesk, ADA briefly fell below $0.16 and has since fluctuated near this level, declining nearly 30% over the past seven days and more th...

Huo Xing Finance reports that on June 6, as Bitcoin briefly fell below $60,000, the probability on Polymarket of Bitcoin dropping to $55,000 in June rose to 41% (up from 4% on June 2). Additionally, the probability of it falling to $50,000 is 18%, while the probability of it rising to $65,000 is 57%...

Polymarket has accused its archrival Kalshi of corporate espionage, alleging in a New York Post report that the federally regulated exchange serially copied its product launches and may be watching its SoHo offices. The crypto-native platform says it opened an internal probe and kept a dossier of su...

CoinDesk reports:CoinShares’ analysis of 13F filings shows that professional investors significantly reduced their Bitcoin holdings in the first quarter of 2026. Reported holdings declined from 313,000 to 261,000 BTC, a 17% quarter-over-quarter decrease.Hedge funds and brokers reduced their position...

Strategy, the company formerly known as MicroStrategy, sold 32 Bitcoin on June 1 for roughly $2.5 million. That’s pocket change for a firm sitting on approximately 840,000 BTC worth around $55 billion. But Grayscale’s research team thinks this small transaction tells a much bigger story.The sale was...

A US-based renewable energy company just signed a $6.2 billion agreement to build a massive hydropower plant and AI data center in one of Africa’s smallest countries.Convalt Energy inked a Memorandum of Agreement with Lesotho’s Ministry of Energy on June 4, valued at 98 billion maloti (roughly $6.2 ...

In such times of distress where all crypto assets head south, including the largest altcoin, the retail public generally turns to more experienced and prominent names to look for support.In an interesting development, though, one of the key crypto figures with a long connection to Ethereum, ConsenSy...

Illinois lawmakers advanced a $56 billion state budget that embeds a Digital Asset Privilege Tax Act amendment, setting up a 0.2% tax on crypto transactions conducted by a “digital asset broker” within the state. The provision, tucked into Senate Bill 3019 as part of the FY 2027 revenue package, wou...

Solana’s price has tumbled into the mid-$60s amid renewed market volatility, but the narrative around the network’s long-term potential remains bullish. After dipping into the high-$60s in recent sessions, SOL was trading around $64 at the time of writing — down roughly 9% over the past 24 hours — a...

Bullbit, a popular decentralized perpetual futures exchange, has collaborated with WORLD3, a renowned decentralized network for AI agents. In this partnership, Bullbit PERP DEX offers cutting-edge trading infrastructure to benefit cryptocurrency derivatives consumers.As per Bullbit’s official social...