Today's Crypto and Bitcoin News

Veteran crypto analyst Bob Loukas says Bitcoin has entered the final stage of its current four-year cycle, but warned that the market may still need another leg lower before a durable cycle bottom is in place.In his latest “4-Year Journey” update, published on June 4, Loukas framed Bitcoin’s recent

ME News report, June 6 (UTC+8): Over the past 24 hours, DEFENSE led the gains with +2.35%, followed by WHEAT, NFLX, and BTCD. The crypto sector accounted for approximately 74% of trading volume, but no consistent long funding signals emerged across assets. The top five assets are: DEFENSE, WHEAT,

Galaxy research head Alex Thorn has lowered his probability estimate for the Clarity Act passing in 2026 from 75% to 60%. He noted that while the bill has already passed committee with a 15-9 vote, the Senate’s legislative calendar remains the primary obstacle. The bill must pass before Congress adj

ChainCatcher report: According to crypto analyst Aunt Ai @ai_9684xtpa, a large whale address that used leveraged borrowing to go long on ETH was again liquidated overnight when ETH dropped to $1,540, resulting in the liquidation of 6,667.13 ETH and repayment of $9.878 million in USDT debt. Data show

ChainCatcher report: According to on-chain analyst Yujin, a large whale has borrowed 100 million USDT via Aave since yesterday and purchased 59,742 ETH at an average price of $1,681. The address currently holds 133,800 ETH, valued at approximately $212 million. At current prices, the newly acquired

ChainCatcher report, according to CriptoNoticias, the Metropolitan Public Prosecutor’s Office and police in southern Chile have dismantled a money laundering network involving approximately $90 million, with around 20 individuals arrested. The network is suspected of converting illicit funds into c

ChainCatcher report, according to Jinshi, a report from Huatai Securities states that in May 2026, U.S. non-farm payroll employment increased by 172,000, surpassing the Bloomberg consensus forecast of 85,000, with cumulative revisions upward of 93,000 for the previous two months. The unemployment ra

According to Cointelegraph, the Illinois state legislature has passed the 2027 fiscal year budget bill, which proposes a 0.2% tax on cryptocurrency transactions to be collected by digital asset brokers, and requires brokers operating within the state to register. Violators may face a Class 3 felony

Indonesia’s stock market is in freefall, and it’s dragging the country’s currency down with it. The Jakarta Composite Index has plunged roughly 37% from its 2026 peak, earning the unwanted distinction of being the worst-performing major global equity index, according to Bloomberg.The Indonesian rupi

S&P Global has drawn a line in the sand. The company announced on June 4 that it will not create exceptions to its S&P 500 eligibility criteria based solely on market capitalization, effectively blocking SpaceX from any fast-track entry into the world’s most-watched stock index.The decision ...

Huo Xing Finance reports that on June 6, according to market data, the three major U.S. stock indices closed lower: the Dow Jones fell 1.35%, the S&P 500 fell 2.64%, and the Nasdaq fell 4.18%. Stocks selected by Jensen Huang declined broadly, including: Marvell (MRVL) down 16.74%; Nokia (NOK) down 1

After the non-farm payrolls data was released, the market began pricing in further monetary tightening by the Federal Reserve;2. Michael Saylor once spent $70 million on a private jet;3. The U.S. House of Representatives plans to advance cryptocurrency tax legislation covering issues such as stablec

BlockBeats news, on June 6, U.S. semiconductor stocks plunged sharply on Friday, with the combined market value of U.S.-listed chip manufacturers erasing approximately $1.3 trillion. Major AI-related stocks such as NVIDIA, Micron Technology, and AMD all recorded significant declines. This follows Br

The CLARITY Act push is gaining momentum as lawmakers seek federal rules for digital asset markets. The proposal has attracted support from congressional leaders, industry organizations, consumer-focused groups, national security veterans, and President Donald Trump.Key Takeaways:The CLARITY Act has

Odaily Planet Daily report: According to MSX.COM data, at the close of U.S. markets, the Dow Jones Industrial Average fell 1.35%, the S&P 500 dropped 2.64%, and the Nasdaq Composite declined 4.18%, while the VIX Fear Index rose 39.68%. AI-related stocks tumbled broadly: Marvell fell 16.74%, Micron d