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Bitcoin Must Hold $60,000 Next After $2 Trillion Crypto Market Wipeout

Bitcoin Must Hold $60,000 Next After $2 Trillion Crypto Market Wipeout

Bitcoin sees uncanny copycat moves versus the 2022 bear market with the $60,000 BTC price level now a key focus.

Michael Saylor Calls Bitcoin Selloff an AI Rotation as MicroStrategy Sits $10 Billion Underwater
BeInCrypto

Michael Saylor Calls Bitcoin Selloff an AI Rotation as MicroStrategy Sits $10 Billion Underwater

Michael Saylor calls the Bitcoin selloff a capital rotation into AI, not an impairment, as ETF outflows pressure prices.

Bybit Lists Western Union’s USDPT Stablecoin Amid Payments Push

Bybit Lists Western Union’s USDPT Stablecoin Amid Payments Push

Bybit becomes the first major crypto exchange to support Western Union’s USDPT, extending the stablecoin’s reach into digital asset markets.

Crypto Billionaires Donate $9.4M to Farage’s Reform UK in Q1

Crypto Billionaires Donate $9.4M to Farage’s Reform UK in Q1

Tether investor Christopher Harborne and BitMEX co-founder Ben Delo’s outspent Britain's traditional political donors.

Ether.fi allocates $100 million to a Plume RWA vault, giving users access to yield

Ether.fi allocates $100 million to a Plume RWA vault, giving users access to yield

The allocation comes from a mix of ether.fi's liquidity provider base and managed capital from its existing liquid vaults.

Anthropic Admits AI Is Learning to Build Better AI Faster Than Expected
BeInCrypto

Anthropic Admits AI Is Learning to Build Better AI Faster Than Expected

Anthropic's internal data shows Claude writing most of its code, an early signal of recursive self-improvement in AI.

Chainalysis says 'top-tier' gray market peptide vendors turn to bitcoin and stablecoins

Chainalysis says 'top-tier' gray market peptide vendors turn to bitcoin and stablecoins

“To scale, the gray-market peptide trade adopted cryptocurrency as its backbone,” Chainalysis said in a report.

Bitcoin Miners Emerge as 'Power Landlords' of AI Boom—And Revenue Will Surge: Bernstein

Bitcoin Miners Emerge as 'Power Landlords' of AI Boom—And Revenue Will Surge: Bernstein

Bernstein is bullish on Bitcoin miners as they increasingly power the AI boom, assigning “Outperform” ratings to TeraWulf and Cipher Digital.

Small US Traders Just Got a Major Day Trading Break
BeInCrypto

Small US Traders Just Got a Major Day Trading Break

Robinhood, Webull and tastytrade lifted day trading limits as the $25,000 pattern day trader rule ended June 4.

CryptoSlate

Bitcoin’s selloff is creating the short-heavy setup that could reverse it fast

ETF outflows and weak demand have dragged Bitcoin lower, while crowded short positions raise the risk of a forced rally if prices recover.

Hyperliquid's HYPE drops 10% as Arthur Hayes exits position despite $150 price target

Hyperliquid's HYPE drops 10% as Arthur Hayes exits position despite $150 price target

The crypto veteran blamed macro risks and AI mania for taking profits, drawing backlash from traders for selling well below his recent bullish forecasts.

JPMorgan says crypto bill may have only a narrow window for passage this year

JPMorgan says crypto bill may have only a narrow window for passage this year

JPMorgan analysts said the crypto market structure bill, or Clarity Act, may have only a narrow window for passage this year.

DOJ Task Force Freezes $3.8M in Illicit Crypto—With Help From Coinbase, SpaceX and Meta

DOJ Task Force Freezes $3.8M in Illicit Crypto—With Help From Coinbase, SpaceX and Meta

Some of America's biggest companies helped squash crypto fraud stemming from organized crime in Southeast Asia.

Kenya Defends $13 Million US Ebola Quarantine Plan Amid Court and Civil Unrest
BeInCrypto

Kenya Defends $13 Million US Ebola Quarantine Plan Amid Court and Civil Unrest

Kenya says it has 'no apology' for a $13 million US Ebola facility as a court block and protests test the plan.

Michael Saylor Says Bitcoin Drop A 'Capital Rotation' To AI

Michael Saylor Says Bitcoin Drop A 'Capital Rotation' To AI

Michael Saylor argued the bitcoin selloff reflects a broader capital rotation into AI infrastructure rather than weakening fundamentals for Bitcoin.

Fannie Mae-Backed Bitcoin Home Mortgages Are Finally Here, Coinbase Says

Fannie Mae-Backed Bitcoin Home Mortgages Are Finally Here, Coinbase Says

Coinbase said a Michigan couple closed on the first-ever conventional, Fannie Mae-backed home mortgage by pledging Bitcoin as collateral.

Senate Republicans urged financial regulators to rework bank capital rules for digital assets

Senate Republicans urged financial regulators to rework bank capital rules for digital assets

A group of Senate Republicans is pressing key financial regulatory agencies to clarify capital standards for digital assets.

Saylor Says Bitcoin Slide Is Capital Rotation as Strategy Loss Grows

Saylor Says Bitcoin Slide Is Capital Rotation as Strategy Loss Grows

Strategy’s unrealized loss has topped $11 billion, but Michael Saylor pointed to mounting ETF outflows and growing AI infrastructure spending “pressuring” Bitcoin’s price.

Why tokenization is an ETF-style market structure revolution

Why tokenization is an ETF-style market structure revolution

The current tokenization dialogue and pattern resemble ETFs’ early days, which ultimately transformed into a $10+ trillion market, Lie argues.

CryptoSlate

Bitcoin’s $63k slide shows ETF demand fighting AI equities for dollar liquidity

Bitcoin’s $63k slide tests ETF demand as AI equities lift the S&P 500, exposing a sharper liquidity split across risk assets.

Bitcoin Buys A Home: Better And Coinbase Close First Fannie Mae-Backed BTC Mortgage

Bitcoin Buys A Home: Better And Coinbase Close First Fannie Mae-Backed BTC Mortgage

Better and Coinbase have funded the first Fannie Mae-backed mortgage that lets homebuyers use Bitcoin as collateral for their down payment loan

British Teen Sanctioned By Russia After Alleging Crypto Use to Evade Sanctions

British Teen Sanctioned By Russia After Alleging Crypto Use to Evade Sanctions

The teenager's research into Russia’s alleged illicit crypto flows appears to have prompted Moscow's retaliation.

Travala unveils agentic AI travel protocol with gasless USDC payments on Base

Travala unveils agentic AI travel protocol with gasless USDC payments on Base

Travala introduced an agentic AI travel protocol on Base supporting gasless USDC hotel bookings and AI-assisted payment execution.

'The rally that wasn't': Bitcoin slides 14% in one week as ETF outflows, Strategy sale and oil prices hit sentiment

'The rally that wasn't': Bitcoin slides 14% in one week as ETF outflows, Strategy sale and oil prices hit sentiment

Bitcoin falls 13% to near $62K as Strategy's BTC sale, $4.2B in ETF outflows and macro headwinds pressure crypto markets.