Today's Crypto and Bitcoin News

CoinMarketCap reports:Foreign media commentary suggests that after Bitcoin's sharp decline in early June, market bets on a deeper drop increased significantly. The article notes that BTC nearly erased all of its gains from the previous two months and fell below $60,000 for the first time in nearly f

CoinDesk reports:Stellar’s native token, XLM, quickly rebounded after dropping below $0.20, briefly touching $0.185 before recovering near the 200-day EMA, posting a 13% gain on the day. The market is now watching to see if this recovery can continue.Rapidly reclaimed after breaking below supportFro

CoinDesk reports:CC has shown significant strength over the past 24 hours, with its price rapidly rising from near the lower boundary of its long-term range toward the $0.16 level. Unlike the gradual upward movement seen in previous days, this rally occurred within a single day, indicating a clear i

CoinDesk reports:On Friday, Trump said he has discussed deals with several AI companies with the goal of allowing the American public to share in the industry’s growth. Although he did not name specific companies, multiple media outlets reported that OpenAI is one of the key companies under discussi

Arthur Hayes, the outspoken BitMEX co-founder and Maelstrom CIO, sparked a sharp sell-off in Worldcoin (WLD) after saying his firm dumped its entire position — a reversal that hit the token within hours. “Dumped $WLD. I’m out. See y’all at the clerb,” Hayes tweeted Friday alongside a chart of Space

ME News report, June 7 (UTC+8): This ranking aggregates the top 5 perpetual contracts by 24-hour price increase and the corresponding directional positions of the holders with the highest uPnL. ANTHROPIC led the gains, but its 8-hour funding rate carries a relatively high annualized cost; MRVL benef

ME News report, June 7 (UTC+8): The 24-hour notional trading volume for this ranking is $540 million, with the indices sector accounting for 51.88% of total volume. All three sectors are represented, and four assets have positive funding rates. The top five assets are: XYZ100, SP500, CL, MU, MRVL.

Stable [STABLE] faced intense selling pressure over the past 24 hours, with the token dropping 18.5% to $0.0307. Trading activity moved in the opposite direction, as volume increased 18.9% to $24.09 million. This combination suggested that market participants actively sold into weakness rather than

SpaceX is preparing to go public in what would be the largest IPO ever attempted, targeting $75 billion in proceeds by offering roughly 555.6 million shares at $135 each. If it pulls this off, the company would hit a valuation of approximately $1.75 trillion on day one.For context, the current recor

Senator Jim Banks, a Republican from Indiana, sent a letter to the Trump administration on June 5 pushing for federal agencies to seriously evaluate a scenario that sounds like it was ripped from a sci-fi screenplay: AI systems that can improve themselves without any human involvement.The letter bac

Nansen just made its API considerably more useful for the traders who actually build things on top of it. The onchain analytics platform rolled out expanded historical backtesting endpoints and an overhauled credit system that eliminates one of the more annoying friction points in its product.The ba

MoneyGram and Kraken have reportedly partnered to enable Bitcoin-to-cash withdrawals in more than 100 countries, combining the crypto exchange’s digital asset infrastructure with MoneyGram’s global cash distribution network.The partnership, described in a joint press release, positions the service a

Based on Announcement, KuCoin Futures will change the funding rate intervals for the HEIUSDT Perpetual Contract from every four hours to every one hour. The next settlement is scheduled for 21:00 on June 6, 2026 (UTC).

CoinDesk reports:Major U.S. banks are preparing to move deposits onto the blockchain. JPMorgan Chase, Bank of America, Citibank, and other institutions have announced plans to launch a shared tokenized deposit network through The Clearing House by the first half of 2027, enabling bank deposits to be

At the Proof of Talk conference in Paris, James Wo — founder and CEO of crypto investment firm DFG — doubled down on bitcoin’s primacy for institutional investors and dismissed lofty predictions that ether could match bitcoin’s status anytime soon. Bitcoin vs. Ethereum: institutional consensus matt