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$176B Crypto Crash: Bitcoin ETF Outflows And AI Stock Pivot Trigger Bear Run
The crypto crash reflects heavy ETF outflows, massive capital rotation into AI stocks and expectations of higher interest rates for longer.

Crypto PACs Gear up for Maryland Races with $3M Media Buys as California Primaries Kick Off
Political action committees backed by the cryptocurrency industry spent a combined $3 million on media to support candidates in California’s House races this Tuesday, with another $3 million on a Maryland race later this month.

Coinbase Backs IQMM ETF as Stablecoin Rules Take Shape
Coinbase has invested in ProShares’ IQMM money market ETF, a Treasury-focused fund launched under the GENIUS Act as US lawmakers debate stablecoin yield rules.

Bitcoin Fair Value Closer To $224K Based On Debt Risk Model: Bitwise
Bitwise analysts say rising sovereign debt levels and bond-market stress may benefit Bitcoin in the long term, with one valuation model suggesting a fair value near $224,000.

Bitcoin Keeps Selling Off as BTC Price Dives Below $67,000
Bitcoin sees its lowest levels since the start of April as a sell-off brings back $50,000 BTC price targets.

CFTC Chair Claims Gemini Case was Politically Motivated, Seeks to Reverse $5M Settlement
CFTC Chair Michael Selig claimed that the Biden administration “weaponized” federal agencies against companies like Gemini, whose co-founders donated $1 million each to Donald Trump’s 2024 campaign.

Movement Gains Access to US, Canada, EU Payment Rails Amid Stablecoin Push
Movement said it gained access to licensed payment rails across the US, Canada and EU as it expands into stablecoin settlement, remittances and payments infrastructure.

Zama Accelerates Compliance Push After Court Reverses $12.5M USDC Freeze
Privacy-focused protocol Zama is expanding compliance measures after a US court lifted a $12.5 million USDC freeze, arguing the order unfairly impacted uninvolved users.

Georgia Announces Crackdown on Illegal Bitcoin Mining
Georgia's vice prime minister announced new measures to curb illegal mining operations he said are straining the country’s electricity grid and causing an estimated $9.5 million in annual damages, according to local reports.

Kaiko Acquires Amberdata in Blockchain Data Consolidation Push
Kaiko acquired Amberdata to offer a more consolidated data platform that serves the growing list of institutional participants in the blockchain industry.

HIVE Bitcoin Holdings Fall as Revenue Hits Record $298M
HIVE Digital Technologies reported 150 Bitcoin in treasury after a quarterly decline of 331 BTC, while annual revenue climbed to $297.8 million.

How High Can NEAR Price Go in June?
NEAR has rebounded from a key historical support zone, reviving a bullish fractal that preceded 2,375% and 900% rallies in previous cycles.

XRP Analysis Sees 'Bear Trap' as Price Faces June Test
XRP drops to $1.25 as traders eye key support levels, while analysts warn June could decide the next major trend.

MoneyGram Launches MGUSD Stablecoin for Remittance Network
The launch comes as remittance firms test stablecoin rails to address high transfer costs and slower cross-border payments.

EdgeX Blames Outsider for EDGE Token Crash as ZachXBT Alleges Insider Manipulation
EdgeX blamed an unnamed external party for a 70% intraday crash in its EDGE token, but ZachXBT pointed to insider supply concentration and demanded the project disclose its market-maker agreements.

Capital B Seeks $122B Funding Mandate for Bitcoin Buys
Capital B filed a shareholder motion asking for a $5.8 billion capital increase and $116 billion in new credit issuance, seeking to scale its Bitcoin accumulation strategy.

Bitcoin Dips Under $70K as Market Enters New ‘Distribution’ Phase
Bitcoin falls under $70,000 as sellers dominate, fear spikes and onchain data points to a fresh distribution phase.

Crypto Treasury Inflows Drop 95% From April as DAT Demand Cools
Galaxy and Mercuryo said DATs face pressure from ETFs, NAV discounts, dilution and the need to justify premiums beyond passive exposure.

Mt. Gox Moves $739M in Bitcoin for First Time in Two Months
Mt. Gox’s first onchain movement in over two months raises fresh questions about creditor distributions that could add selling pressure to a market already shaken by Strategy's first Bitcoin sale since 2022.

Bitcoin Price Action Sees First Sub-$70,000 Dip Since Mid-April
Bitcoin continues June with a dip below $70,000, its first since mid-April, as crypto markets spark $800 million in liquidations over 24 hours.

WTW Acquires Crypto Insurance Platform Redefind
WTW acquired crypto insurance platform Redefind and launched a digital asset protection service covering asset tracing, forensic investigations and legal recovery costs.

Crossmint Debuts API for AI Agents to Spend with Visa Cards
Crossmint launched a Visa-powered API that lets AI agents make card payments, adding to a growing race to build financial infrastructure for autonomous software.

Robinhood Enters Canada Crypto Market With $180M WonderFi Deal
Robinhood has entered the Canadian crypto market after a $180 million acquisition of WonderFi, gaining local crypto exchanges Bitbuy and Coinsquare.

Bitcoin Falls to Two-Month Low as Stocks Hit Record Highs
Bitcoin fell to a two-month low on Tuesday as a widening gap between crypto and equities pushed investors toward stocks.