Today's Crypto and Bitcoin News

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Thursday2026/0618
06-04

2026-06-04 12:37:32

Bitcoin and Ethereum Drop 17% and 14% Amid $250B Crypto Market Liquidations

he cryptocurrency market faced an abrupt and severe wave of liquidations over the opening days of June, catching market participants off guard. Bitcoin ($BTC) and Ethereum ($ETH) both suffered double-digit percentage losses within a 72-hour window.The aggressive deleveraging event wiped out roughly

2026-06-04 12:37:25

Visa Partners with Brale to Explore Private Stablecoin Settlement

ME News reports that on June 4 (UTC+8), payment giant Visa announced a collaboration with Brale to explore the feasibility of using Brale’s USD-pegged stablecoin, SBC, for institutional payment settlements on the Canton Network. This proof of concept aims to assess how privacy-preserving blockchain

2026-06-04 12:33:02

Bitcoin Slides Below $61K Amid $1.6B Liquidations and Broader Altcoin Sell-Off

TL;DR:Bitcoin fell to just over $61,000, failed to hold a $64,000 rebound, and traded below $63,000 after losing $70,000 and $66,000 support.More than $1.6 billion in liquidations hit the market, while Bitcoin’s capitalization dropped to $1.260 trillion and dominance fell to 55.6%.Ether, SOL, XRP, A

2026-06-04 12:32:20

ETH Bull 7 Siblings borrows $58M USDT to purchase 32,919.2 ETH at an average price of $1,762

According to on-chain analyst Ember (@EmberCN), the ETH bullish address 7 Siblings borrowed a total of 58 million USDT from Spark today and purchased 32,919.2 ETH at an average price of $1,762.

2026-06-04 12:24:20

Morph Report Predicts $500B GMV Impact from AI Agents by 2028

ME AI message: Morph has released the report "The Agentic Economy," predicting that by 2028, the global gross merchandise value (GMV) influenced by AI agents will exceed $500 billion. The report states that AI is evolving from content generation and recommendation tools into economic participants ca

2026-06-04 12:23:02

Moomoo Partners with Kalshi to Launch Regulated Prediction Market Contracts

Odaily Planet Daily reports that the digital trading platform Moomoo has partnered with prediction market operator Kalshi to offer event contracts regulated by the U.S. Commodity Futures Trading Commission (CFTC) to eligible users. Users can now trade contracts directly on the Moomoo platform tied t

2026-06-04 12:23:02

Ethereum Treasury Firm FG Nexus Sells 10,000 ETH in Latest Treasury Reduction

What to KnowFG Nexus transferred 10,000 ETH, extending ongoing treasury reduction efforts.Ethereum remains 54% below FG Nexus average purchase price.BitMine continues accumulating Ether while FG Nexus reduces holdings further.Ethereum treasury firm FG Nexus moved another 10,000 ETH from a wallet lin

2026-06-04 12:22:58

Bitmine Files with SEC for $300M Raise to Buy More Ethereum

Bitmine, the publicly traded company led by Tom Lee, has filed with the U.S. Securities and Exchange Commission for a planned $300 million capital raise, with proceeds earmarked for purchasing more Ethereum.What Bitmine filed with the SECThe SEC filing, submitted through the EDGAR system, marks a fo

2026-06-04 12:22:56

SpaceX Secures $119 Billion Texas Tax Deal for Terafab Chip Project

Grimes County, Texas, just handed SpaceX one of the most generous tax deals in American manufacturing history. Commissioners voted 4-1 on June 3 to approve a reinvestment zone and a 100% property tax abatement for the company’s Terafab semiconductor facility, a project initially valued at $55 billio

2026-06-04 12:22:16

Morgan Stanley Adds 220,721 BTC to Holdings, Total Exceeds 3,700 BTC

Huoxing Finance reports, according to Arkham monitoring data, Morgan Stanley has increased its holdings by 220.721 BTC, valued at $14.53 million, through its spot Bitcoin ETF, MSBT, on dips. As of now, its total Bitcoin holdings have exceeded 3,700 BTC, reaching 3,779 BTC, with a value of approximat

2026-06-04 12:17:56

7.75 Million BTC Underwater Amid Bear Market Supply Overhang

Bitcoin’s market narrative isn’t just about price—it’s about what the price is doing to holder psychology. The latest Glassnode update puts a number on the pain: roughly 7.75 million BTC are currently held at a loss. That’s a massive chunk of the circulating supply sitting underwater.In any bear mar

2026-06-04 12:16:59

OTHERS/USA100 Short-Term Trading Volume Surges Significantly

ME News report, June 4 (UTC+8): This sample covers five assets, with a combined 24-hour notional trading volume of $2.916 million, an increase of $2.011 million compared to approximately eight hours ago. All assets recorded positive trading volume growth; four of the top five are HIP3 assets, and on

2026-06-04 12:16:53

TradFi trading volume is concentrated in sectoral indices, with MRVL Funding being positive but experiencing the largest decline.

ME News reports that on June 4 (UTC+8), among the top 5 assets by 24-hour notional trading volume, all except MRVL had negative funding rates. The index product category accounted for over 56% of total trading volume, indicating an overall bearish market structure. The top 5 assets are: XYZ100, SP

2026-06-04 12:16:51

TradFi 24H Gainers: COST Leads 8H Funding; Long Position Costs Diverge

ME News report, June 4 (UTC+8): The top 5 assets by 24-hour price gain on this list are concentrated in the stock spot sector, accounting for 96% of notional trading volume; COST has significantly higher 8-hour funding rates than other assets, with funding paid only by short positions on GAS. The

2026-06-04 12:15:50

Bitcoin Trading at 28% Discount Amid Quantum Security Concerns

Charles Edwards says Bitcoin trades 28% below estimated fair value.Quantum security concerns remain unresolved as developer roadmap stays absent.Retail demand weakness and leverage risks add pressure today.Capriole Investments founder Charles Edwards has revealed that Bitcoin is trading at a 28% dis

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