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BTC sentiment hit peak bearishness at recent price lows, peak bullishness near tops: Crypto Daily
Your day-ahead look for June 5, 2026

Forward Industries Sends $32M in Solana to Coinbase as Treasury Losses Top $1B
Forward Industries moved $31.9M in SOL to Coinbase Prime as its Solana treasury sits over 70% underwater, highlighting mounting pressure on crypto treasury strategies.
Zcash loses over $5 billion after AI finds 4-year bug that could have created fake hidden coins
Zcash's over $5 billion selloff followed an AI-assisted review that found a flaw in the privacy coin’s Orchard system.

ZEC Crashes 38% as Zcash Discloses ‘Critical Counterfeiting Vulnerability’
An Orchard vulnerability that allowed undetectable counterfeiting of ZEC in its shielded pool has reignited debate over privacy coins.

Crypto's worst week since July 2024 deepens as BTC, ETH prices near critical support levels
Crypto is on course for its worst week since July 2024, with ETH approaching critical support at $1,420 as a zcash exploit and AI capital rotation pile on the pressure.

Hong Kong taps JPMorgan, HSBC for expert group to scale tokenized bonds
The Hong Kong Monetary Authority announced the formation of an expert group to advance the development of tokenized bonds.

One Record Funding Spike Sent XRP Price Tumbling, but Dip Buying Surged 610%
XRP price fell 18% to $1.12 after funding hit a yearly high, but exchange outflows surged 610%, hinting the crash is derivatives-led.

Sui Co-Founder Announces Confidential Transfers With Protocol-Level Supply Controls
Sui co-founder reveals confidential transfers, using range proofs while supply integrity stays at the protocol level.

Grayscale says bitcoin needs other buyers to find a 'sustainable bottom' amid Strategy BTC sale
Grayscale said Strategy's ability to accumulate more bitcoin is limited at the current STRC and MSTR share prices.

JPMorgan, Bank of America and Citi are going on the blockchain offensive with a shared tokenized network
American's biggest banks are launching a shared tokenized network next year to fight back against the potential threat of stablecoins eating into their deposits.
Bitcoin crashed and flushed leverage out, but is the bottom here yet?
The liquidation wave cleared crowded long positions, but analysts say Bitcoin still needs ETF stability, fading exchange inflows, and renewed spot demand before the bottom is confirmed.

Bitcoin and ether ETFs end record multi-billion outflow streak
U.S. spot bitcoin ETFs pulled $3.05 million in net inflows on Wednesday after 13 straight sessions of redemptions totaling roughly $4.4 billion, while ether ETFs ended a 17-day outflow streak with $19.30 million led entirely by BlackRock's ETHA.

AI Has Cut More US Jobs in 2026 Than in All of 2025 Already
AI drove 38,579 US job cuts in May and topped layoff reasons for a third month as automation reshapes workforces.

Crypto Exchanges Could Funnel $2 Trillion Into Stocks by 2031, Binance Research Says
Binance Research projects crypto exchanges could move $2 trillion and 300 million new investors into global stocks by 2031.

Solana Treasury Firm Forward Industries Deposits $32 Million of SOL to Coinbase
Forward Industries moved $32 million of Solana to Coinbase as its treasury sits $1.13 billion underwater amid a wider downturn.

Here's what could happen if bitcoin breaks below $60,000
A confluence of factors makes $60,000 as key level to watch out in the near term, Deribit explained.

SpaceX’s Biggest Customer Is Also Its Biggest IPO Rival Paying $15 Billion a Year
Anthropic filed its IPO the same week SpaceX did. Its $15B compute deal with SpaceX can end in 90 days leaving a lot of risk on the table.

Fresh Wallets Flood 5 Altcoins as the Market Keeps Sliding
DEXE, Ethena, LayerZero, Litentry, and Worldcoin drew their most new wallets in months as the crypto market sold off.

Crypto Billionaires Bankroll Reform UK in First-Quarter
Nigel Farage’s Reform UK raised $12.5 million in the first quarter, with most of it from crypto billionaires Christopher Harborne and Ben Delo.

Strategy’s Bitcoin Model Under Pressure, Grayscale Warns
Strategy’s first Bitcoin sale sparked a selloff, with Grayscale warning its leveraged model limits future BTC buying as STRC trades below par.

BTC price updates: Bitcoin could fall to $60,000, Zcash plunges 37%
AI bets are recording rapid profit-taking as Broadcom as outlook for AI-chip sales fell short of high expectations, driving down crypto markets.

IMF Warning and Hot Inflation Pull Investors Into Bullish Oil Bets as Price Holds $95
The oil price holds near $95 as IMF and inflation warnings drive bullish oil bets, but Venezuela supply leaves the rebound in doubt.

What Is an XRP ETF? A Complete Guide to XRP Exchange-Traded Funds
Learn about the benefits and drawbacks of XRP ETFS, as well as the different varieties available on the market.

What Is an XRP ETF? A Complete Guide to XRP Exchange-Traded Funds
What Is an XRP ETF? An XRP ETF is an exchange-traded fund that tracks the price of XRP. These funds trade on regulated stock exchanges such as the New York Stock Exchange or Nasdaq. Instead of buying XRP on a crypto exchange and holding it in a digital wallet, investors purchase ETF shares through a standard brokerage account. XRP is the native digital asset of the XRP Ledger, an open-source blockchain originally developed by Ripple Labs. Ripple is a private company that uses XRP for cross-borde