Key Takeaways Bitcoin ETFs lost $483.8M on June 1, with Blackrock IBIT leading outflows at $440.3M. Ether ETFs saw a 15th straight outflow day, as Blackrock ETHA shed $35.0M. XRP and HYPE ETFs gained $5.4M combined, signaling selective institutional demand. XRP ETFs Add $4.1M as Bitcoin and Ether Funds Lose $528M Combined June began with …
Continue reading “Blackrock IBIT Sheds $440M as Bitcoin ETF Outflows Reach 11 Days”
Key Takeaways Bitcoin dropped over 6% in 24 hours to a June multi-week low of $66,948. The sell-off wiped out $1.35 billion in crypto long positions, according to Coinglass data. K33 Research projects lower volume and downward price drift through August. Market Cap and Liquidation Crunch Bitcoin’s poor start to June continued as the cryptocurrency …
Continue reading “Bitcoin Sinks to $66,346 as $1.35B in Long Liquidations Accelerate Market Selloff”
Key Takeaways Coinbase invested in a money market fund designed for stablecoin reserve eligibility. The GENIUS Act is increasing focus on liquidity, transparency, and redemption support. ETF-based reserve products could expand options for digital asset issuers. Coinbase’s IQMM Investment Points to a New Reserve Era for Stablecoins Crypto exchange Coinbase Global Inc. (Nasdaq: COIN) announced …
Continue reading “Coinbase Bets on Proshares ETF as Stablecoin Reserve Standards Evolve”
Key Takeaways Bitcoin fell below $68,000 on June 2, 2026, pulling bitcoin dominance ( BTC.D) down to roughly 58%. Blockchain Center’s Altcoin Season Index reads 49, still 26 points below the 75 threshold for confirmation. A sustained BTC.D break below 55% is needed before a broad altcoin rotation can be confirmed. Bitcoin Dominance Slides as …
Key Takeaways Cryptoquant contributor MorenoDV says the stress gauge sits near 40%, below the deeper readings that marked past bottoms. Bitcoin opened June below $70,000 after a $2.43 billion May spot ETF outflow, the worst of 2026. MorenoDV urges patience, noting the strongest entries appear only after selling exhaustion is confirmed. A Line That Keeps …
Key Takeaways The SEC put digital asset regulation at the forefront of its new policy agenda. The regulator views clearer crypto rules as part of a broader effort to support innovation and investor protection. Future rulemaking could provide more certainty for tokenized assets and blockchain-based financial markets. SEC Puts Crypto Rules at the Front of …
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Key Takeaways Franklin Templeton and Moonpay launched an integration connecting BENJI tokens to Moonpay Trade’s institutional onchain execution infrastructure. Eligible institutions can now swap between stablecoins and Franklin Templeton tokenized funds, supporting treasury and collateral workflows. The deal extends Franklin Templeton’s 2026 onchain expansion, following its April BENJI-based acquisition of 250 Digital. What the Integration …
Key Takeaways Bitcoin hit an intraday low of $67,521 on Bitstamp as ETF outflows and liquidations hit traders. Strategy sold 32 bitcoin, adding pressure to BTC sentiment after May’s outflows. Binance saw a $23.99M BTCUSDT liquidation as traders watched the $68K zone. Market data placed bitcoin’s low at $67,521 on Bitstamp’s one-hour chart as of …
Key Takeaways Charles Schwab targets mid-2027 launch of crypto trading and custody for advisors. Bitcoin and ethereum access could expand as Schwab joins major crypto-focused firms in 2027. Jalina Kerr says Schwab will build regulated custody and compliance systems before 2027. Charles Schwab Prepares Regulated Crypto Access for Advisory Clients Charles Schwab is laying the …
Fundstrat technical strategist Mark Newton says the US stock market is poised to broaden beyond semiconductors and memory stocks, warning that tech has gotten “over its skis” after an 18% rally in eight weeks and is likely to consolidate through the summer. Speaking in a recent interview, Newton identified financials, industrials, consumer discretionary, and healthcare …
Paris-based crypto data platform Kaiko acquired Amberdata, a US-focused digital asset data provider, as institutional investors demand broader market, derivatives and onchain analytics for digital assets. Kaiko said the deal will expand its institutional data stack and help the combined company serve banks, asset managers, hedge funds, exchanges and trading firms that need cleaner data …
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Canadian Bitcoin miner HIVE Digital Technologies’ Bitcoin holdings fell by 331 BTC in the latest quarter, even as the miner reported a sharp rise in annual revenue from Bitcoin mining and high-performance computing (HPC). The company reported holdings of 150 Bitcoin (BTC) in its fiscal year update on Monday, down from 481 BTC at the …
Continue reading “HIVE Bitcoin holdings drop by 331 BTC in Q1, reports record $298M revenue”
NEAR, the native token of the AI- and privacy-focused Near Protocol, has been an outlier in the broader crypto market, outperforming top coins such as Bitcoin (BTC) and Ether (ETH) in recent weeks. As of Tuesday, NEAR traded as high as $2.75, marking a nearly 20% rebound in the last 24 hours. In comparison, the …
XRP (XRP) dropped to $1.25 on Tuesday after a market-wide sell-off, erasing all the gains made since early February. Key takeaways: XRP fell to $1.25 after a broader market sell-off, testing a long-term trend line and the 50-month exponential moving average support area. Support weakness has traders looking at $1 and under next, while optimists …
Continue reading “Trader says XRP price setting ‘biggest bear trap’ after June monthly open”
Radiant Capital (RDNT), a decentralized finance lending protocol, announced Monday it is shutting down, nearly two years after hackers drained $50 million from the platform in a sophisticated malware attack. The protocol, which operated cross-chain lending across multiple networks, was compromised in October 2024 when attackers used a “highly advanced malware injection” to breach multiple …
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