Today's Crypto and Bitcoin News

Key PointsThe success of Ethereum going forward may depend on ETH’s ability to hold long-term monetary valueWith the development of Layer-2 networks, there is debate regarding the impact of Ethereum’s adoption on ETH’s valueWeakness in ETH prices and lower support levels have raised questions about

Litecoin price fell below the critical $50 support level.LTC reached a four-year low near $41.85 during the selloff.Analysts identify the $43 to $30 range as a key zone.Litecoin price remains under pressure after breaking below the major $50 support level. The decline pushed LTC to around $41.85 at

Key PointsThe success of Ethereum going forward may depend on ETH’s ability to hold long-term monetary valueWith the development of Layer-2 networks, there is debate regarding the impact of Ethereum’s adoption on ETH’s valueWeakness in ETH prices and lower support levels have raised questions about

Terra Classic [LUNC] witnessed five straight days of red on the price charts. Since the 1st of June, it has receded by 30.82%.CoinMarketCap data showed a 20% increase in daily trading volume, but it was not enough to send the trading volume above the 20-day moving average.Despite the recent slump, L

BlackRock recorded $213 million Bitcoin outflow after brief ETF inflow.Earlier ETF purchases sparked optimism before institutional sentiment weakened.Bitcoin market uncertainty persists as investors remain cautious overall.BlackRock’s latest Bitcoin transaction has reignited concerns about instituti

ME News report, June 7 (UTC+8): The top 5 assets by 24-hour price gain on this list span the commodities and pre-IPO categories, with trading volume heavily concentrated in crude oil. Funding directions show clear divergence: the short side of USOIL is paying funding, while the other four assets all

ME News report, June 7 (UTC+8): The rolling 24-hour notional trading volume for all five underlying assets in the sample increased significantly, rising by approximately $3.787 million compared to about eight hours ago; COST saw an increase of nearly fivefold, though its absolute volume remains limi

The US economy added 172,000 nonfarm payroll jobs in May, nearly doubling the consensus forecast of roughly 85,000, according to Bureau of Labor Statistics data released June 5. The unemployment rate held steady at 4.3%.Bitcoin promptly slipped below $62,000. Because in crypto, good news for the eco

Greece is preparing to introduce a flat 15% capital gains tax on cryptocurrency earnings, according to two government officials familiar with the matter. The legislation, currently being drafted by the Finance Ministry, is expected to land before parliament in the coming months.If passed, it would m

Polymarket’s chief marketing officer used his personal PayPal account to pay more than two dozen social media influencers to promote the prediction market platform on X. Most of those posts never disclosed they were paid advertisements.A POLITICO investigation published on June 5 found that Matthew

SUI defended the $0.70 zone after sharp selling pressure triggered a possible liquidity sweep.Confidential transfers position SUI toward institutional blockchain adoption and enterprise-focused privacy tools.Analysts continue tracking $5, $10, and $20 upside targets after repeated historical recover

Key Insights:South Korea launched its first probe into Polymarket users over suspected illegal gambling activity.Authorities are examining whether Polymarket trades violated Article 246 of South Korea’s law.The investigation may shape how South Korea applies gambling rules to prediction markets.Poly

Bitcoin continued its decline this week, recently trading at $60,600—approximately 12.6% below the $69,400 closing price on November 5, 2024, the day of the U.S. election. It briefly dipped below $60,000 for the first time since 2024, marking a nearly 52% drop from its all-time high of $126,100. Fol

For the better part of two years, Wall Street has treated AI as the most bullish trade on the board, a growth engine that turbocharges earnings, underwrites stretched valuations, and promises a productivity windfall somewhere down the road.However, the Fed has access to the same numbers and seems to

Key takeawaysGoing public involves significant administrative burdens that may not contribute to business growth.Timing an IPO correctly often comes from learning through past mistakes.Public markets provide liquidity and enhance credibility with clients.Space technology is deeply integrated into da