Today's Crypto and Bitcoin News

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Thursday2026/0618
06-04

2026-06-04 13:42:27

Global liquidations surge to $1.787 billion in 24 hours, long positions hit hardest

BlockBeats news, June 4: According to Coinglass data, liquidations across the network rose to $1.787 billion in the past 24 hours, with long positions liquidated at $1.517 billion and short positions liquidated at $269 million.In the last 24 hours, 296,488 people worldwide were liquidated, with the

2026-06-04 13:33:43

XRP Drops 7% to Four-Month Lows Amid ETF Inflows and Exchange Outflows

XRP is attracting money, but not buyers. ETF products continue pulling in fresh inflows and exchange balances keep shrinking, yet price has fallen back to levels last seen in February. When a market stops responding to bullish developments, traders tend to focus less on the story and more on where t

2026-06-04 13:33:38

Benchmark Capital Raises $2B, Breaking 20-Year Fund Size Tradition

For more than two decades, Benchmark Capital was the venture capital firm that did things differently. While rivals ballooned into multi-billion-dollar asset managers, Benchmark kept its funds at roughly $425 million, split equally among a small group of partners, and stuck to early-stage bets. That

2026-06-04 13:33:32

SpaceX Plans $75B IPO, Targets $1.8T Valuation on NASDAQ

SpaceX is preparing to raise $75 billion by selling 555.6 million Class A shares at $135 each, a move that would value the company between $1.77 trillion and $1.8 trillion after the offering. The NASDAQ listing, set to trade under ticker SPCX, is expected around June 12, with the IPO roadshow alread

2026-06-04 13:33:29

XLM Extends Fourth Consecutive Day of Losses Amid Weakening Retail Demand

Key takeawaysXLM extends its loss for a fourth straight day as retail sentiment weakens and futures positioning declines. The token remains under bearish technical pressure, but is holding above its 200-day EMA and showing fading momentum. Stellar’s XLM extends its declines for a fourth consecutive

2026-06-04 13:32:34

Grayscale Research Head Predicts XRP ETFs Could Hold 5-6% of Circulating Supply

Grayscale’s Head of Research, Zach Pandl, recently suggested that XRP ETFs could take up about 5% to 6% of XRP’s circulating supply in the near future. He made this projection during a recent appearance on the Paul Barron Podcast, where both speakers discussed the impressive rise of XRP-based invest

2026-06-04 13:32:21

Helion, a fusion energy startup backed by Sam Altman, raises $465 million in Series C funding

ME News reports that on June 4 (UTC+8), Helion, a fusion energy startup backed by OpenAI co-founder Sam Altman, announced the completion of a $465 million funding round led by Thrive Capital, bringing its post-money valuation to $15.5 billion—nearly triple its previous valuation of $543 million. The

2026-06-04 13:25:48

Peter Schiff Predicts USDT Market Cap Could Overtake Bitcoin

CoinDesk reports:Foreign media reported that gold advocate Peter Schiff recently reiterated his bearish outlook on Bitcoin, shifting focus to the stablecoin market. He believes that as USDT’s usage in payments, trading, and cross-border transfers continues to expand, its market capitalization could

2026-06-04 13:25:44

ETH Falls Faster Than BTC Amid Market Downturn, ETF Outflows Exacerbate Pressure

CoinDesk reports:Foreign media commentary suggests that during the recent crypto market correction in June 2026, Ethereum underperformed significantly compared to Bitcoin. Year-to-date, ETH has declined by approximately 32%, while BTC has dropped by about 11%, causing the ETH/BTC ratio to fall to ar

2026-06-04 13:25:42

U.S. Treasury Moves to Establish Strategic Bitcoin Reserve Amid Legislative Efforts

CoinDesk reports:On June 3, U.S. Treasury Secretary Scott Bessent stated at a Senate Finance Committee hearing that the Treasury is advancing the implementation of a strategic Bitcoin reserve at a "cautious pace." This initiative stems from an executive order signed by Trump in March 2025, directing

2026-06-04 13:25:41

Bitcoin drops to $62,600 as ETFs experience an 11-day outflow.

CoinDesk reports:From Wednesday to early Thursday, the crypto market weakened again. Bitcoin dropped as low as $62,600, Ethereum retreated to around $1,750, and major tokens such as Solana and Hyperliquid saw even steeper declines. Unlike previous corrections, recently strong altcoins also fell in t

2026-06-04 13:23:58

Morph Report Predicts $500 Billion in AI Agent-Driven Transactions by 2028

According to Morph’s report, “The Agentic Economy,” the total global value of goods traded under the influence of AI agents is projected to exceed $500 billion by 2028. The report states that AI is evolving from a content-generation tool into an economic actor capable of executing transactions. Agen

2026-06-04 13:23:58

ChangeNow Releases XRP Price Predictions for 2026 to 2035

Leading exchange platform ChangeNow released its XRP price predictions for 2026 to 2035, mentioning liquidity, adoption, and regulation as major factors for growth.XRP has continued to move alongside the broader crypto market, falling nearly 7% over the past week to trade at $1.19 after the market-w

2026-06-04 13:23:58

Broadcom Stock Drops 15% Despite Record AI Quarter and Bullish Targets

Broadcom stock fell about 16% even after the company posted a record AI quarter and won fresh target hikes from Bank of America and Morningstar.The selloff is the puzzle. A record quarter and bullish targets were met by a stock that dropped hard, and the answer lies in earnings quality and money flo

2026-06-04 13:23:53

Helion, backed by Sam Altman, raises $465 million in funding led by Thrive Capital

Odaily Planet Daily reports: Helion, a fusion energy startup backed by OpenAI founder Sam Altman, has announced the completion of a $465 million funding round led by Thrive Capital, bringing its post-money valuation to $15.5 billion—nearly triple its previous valuation of $543 million. The company i

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