Bitcoin (BTC) faced renewed risks of a breakdown toward $30,000, according to a new analysis, as institutional demand turned deeply negative. Key takeaways: Data shows institutions are offloading around 450% of the daily BTC supply. Bitcoin risks slipping below $30,000 if supply absorption remains weak. Institutions are selling almost 2,000 BTC per day Capriole Investments’ …
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US-based equipment finance platform Trad.Fi announced plans to bring up to $650 million in private credit onchain over the next 48 months. The initiative targets one of the largest and least digitized credit markets in the US, the trillion-dollar industry funding manufacturing equipment, industrial systems and residential solar installations, according to an announcement shared with …
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Botanix, a Bitcoin scaling network that set out to bring “real utility” to BTC without token incentives, is winding down after four years in operation. In a Tuesday post on X, Botanix told users to withdraw all Bitcoin and other assets by July 9, after which remaining assets will be swept and “be unrecoverable.” The …
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The European Union proposed banning transactions on 11 crypto platforms as part of its 21st sanctions package against Russia. Kaja Kallas, vice president of the European Commission and the EU’s high representative for foreign affairs and security policy, outlined measures targeting banks, weapons manufacturers, oil traders, refineries and other entities outside the bloc. “We will …
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Key Takeaways Kiyosaki argues gold, silver, bitcoin, stocks, and bonds can be considered a singular correlated bet, not a diversified one. The “Rich Dad Poor Dad” author has set a 2026 bitcoin target of $250,000 and $200 silver. The warning lands as bitcoin trades near $61,500 after its worst week since the 2022 FTX collapse. …
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Key Takeaways XRP broke below trendline support at $1.1620 and risks a slide toward the $1.10 zone, analytics warn. Ripple joined Water.org’s Get Blue campaign, using RLUSD to move aid faster to microfinance partners. Water.org has reached 90 million people and targets 200 million by 2030 as RLUSD nears $2 billion. A Price on Shaky …
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Key Takeaways Bitcoin fell about 17.3% on the week ending June 6, while ether dropped 22%, the steepest declines for both assets since November 2022. Roughly $390 billion in value vanished and near $7 billion in leveraged positions were liquidated. Investors pulled about $5.5 billion from U.S. spot bitcoin ETFs over 13 straight days of …
Key Takeaways Bitmine bought 75,000 ETH for about $123 million on June 9, averaging near $1,640 per coin. The firm now holds 5.4 million ETH and ranks second only to Strategy among public crypto treasuries. Tom Lee’s “Alchemy of 5%” target faces a test as ether trades far below earlier buy prices. A 75,000 ETH …
Key Takeaways Morpho raised $175M from Paradigm, A16z Crypto, and Ribbit at a $2B valuation. Morpho’s $6.6B TVL highlights rising institutional demand for DeFi lending. Paul Frambot aims to scale Morpho from crypto markets to Wall Street finance. Morpho Targets Institutional Finance as TVL Hits $6.6B Morpho has raised $175 million in fresh funding, giving …
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Key Takeaways New York hotels avoided a strike; union pay rises 50%, with $61/hour targeted by 2034. Manhattan room rates near $500-$600 could climb another 50%-60% as costs increase. Bank of America data signals softer travel demand ahead of the 2026 World Cup. New York hotel prices soar as housekeeping wages surpass $100,000 New York …
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June 10th, 2026 – Mahe, Seychelles class=”ql-align-justify”>Whale.io has launched native Prediction Markets for the 2026 World Cup, giving players direct access to match betting backed by a combined $90,000 prize pool – including a $40,000 USDT raffle and five weeks of $10,000 weekly sports tournaments. Whale.io is giving users the chance to turn their football …
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The social media giant Meta has disclosed a data breach to government regulators, noting that bad actors gained access to up to 20,225 accounts. Meta notes the exploit happened in April and involved “High Touch Support,” Instagram’s AI-assisted account recovery system, per a letter to the Office of the Maine Attorney General. Amber Hannah, Meta’s …
The initial public offering of Elon Musk’s SpaceX has reportedly seen an oversubscription rate running at almost four times the planned offering size, with some analysts suggesting it could be squeezing liquidity from the market. SpaceX’s IPO (SPCX) has attracted over $250 billion in investor demand, far exceeding the $75 billion it is seeking to …
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Blockchain security firm Chainalysis is strengthening its collaboration with South Korea’s national police to crack down on crypto crimes, including those involving North Korea. Chainalysis said on Wednesday that it signed a memorandum of understanding with the Korean National Police Agency (KNPA), aimed at building investigative capability within South Korea’s law enforcement. Chainalysis said one …
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The lobbying arm of crypto futures exchange Hyperliquid and venture capital firm Paradigm has urged the US Treasury to revise a proposed anti-money laundering and sanctions rule for stablecoin issuers. The Hyperliquid Policy Center and Paradigm said in a letter on Tuesday that some secondary market obligations should be clarified or narrowed “to avoid unintended …
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