Market news
Crypto, stocks, forex and macro, aggregated for traders.
Crypto Market Mostly Higher: BTC at $63,752, ETH at $1,671.80
Most major cryptocurrencies posted gains in the latest update, with Bitcoin rising 0.45% to $63,752 and Ether adding 0.5% to $1,671.80. Polkadot and Cardano led the advance.
Bitcoin Miner Capitulation, CryptoQuant Sees $53,600 Bottom, EU Targets Crypto Exchanges
On-chain data signals BTC miner capitulation, CryptoQuant forecasts a bottom at $53,600, and the EU proposes sanctions against crypto exchanges. Plus, Humanity Protocol loses $31M to a hack and ZEC shorts emerge ahead of vulnerability disclosure.
Crypto Roundup: BlackRock ETF Update, Miner Capitulation, JPMorgan Hedge View
BlackRock updated its Bitcoin ETF application with a yield feature, on-chain data indicates miner capitulation, and JPMorgan notes declining hedge interest in BTC and gold. Other news includes a Eurojust crypto closure, LG-Arbitrum L2 network, and SEC tokenization preparations.
Binance Captures 57% of Pre-IPO Perpetual Market, SpaceX Leads Assets
According to CoinMarketCap Research, Binance accounted for 57% of the $2.94 billion total trading volume in pre-IPO perpetual contracts over the past 30 days, with SpaceX alone representing 67% of the overall volume.
Seychelles Court Orders KuCoin to Pay $2M Over Delisted CHP Tokens
A Seychelles court ruled that KuCoin cannot treat 21 million delisted CHP tokens as abandoned and ordered the exchange to pay a Swiss investor over $2 million. The investor says KuCoin has not yet paid and is preparing further legal action.
Bitcoin Price-to-Mining Difficulty Ratio Mirrors Past Bear Cycles, Analyst Says
An analyst known as Killa notes that the current Bitcoin price-to-mining difficulty ratio repeats patterns seen in previous bear markets, suggesting the capitulation phase is a clear accumulation signal. He forecasts the final cycle low may come later amid a stock market correction, with the bear market bottom forming by year-end.
Spot Bitcoin ETF Volume Nears $2 Trillion; Multiple Crypto Catalysts and Headwinds Emerge
The SEC’s proposal to scrap key NMS rules could boost tokenized stocks. BlackRock filed for a yield-bearing Bitcoin ETF. Avalanche Treasury Co. shares fell 38% on Nasdaq debut. Cumulative spot Bitcoin ETF volume is nearing $2 trillion.
Wallet Drains 316K USDC After Signature – Security Warning
A recent wallet drainer incident saw 316K USDC lost due to a single malicious signature. Web3 Antivirus reminds users to check contracts, verify links, and revoke old approvals before signing.
Ethereum Internal Split Deepens: Over 8 Core Developers Leave Foundation
Amid a prolonged price sideways move for Ethereum, the community’s focus has shifted from network upgrades to ecosystem problems. Despite record staking levels, over eight core developers have left the Ethereum Foundation in the past year, highlighting an internal rift.
Coinbase Launches AI Agent Service for Trading and Payments
Coinbase introduces Coinbase for Agents, allowing AI agents to execute trades and payments within user-set limits via the MCP protocol or CLI.
Police in 11 Countries Shut Down Crypto Service AudiA6, Seize €336M
A joint operation by law enforcement from 11 countries shut down the AudiA6 crypto service based in Georgia, which allegedly laundered over €336 million between 2022 and 2025, with arrests and seizures of assets.
Ripple and Bitso Bring MXN-Backed Stablecoin MXNB to XRP Ledger
Ripple and Bitso have expanded their partnership, integrating Bitso's MXN-backed stablecoin MXNB onto the XRP Ledger to facilitate enterprise stablecoin settlement across Latin America.
Crypto News Roundup: BTC Bottom, ZEC Shorts, Raydium Hack, Hungary Eases Rules
CryptoQuant predicts Bitcoin bottom at $53,600; five wallets opened large ZEC shorts before vulnerability; Raydium loses $1.34M in hack; Hungary may cancel strict crypto restrictions; Tether invests in robotics.
Blockchain Data Indexing Lags Behind Surging Throughput
While blockchain networks now process tens of thousands of transactions per second, infrastructure for indexing and delivering that data to applications is struggling to keep up.
Hungary to Remove 'Unjustified' Restrictions on Digital Asset Market
Hungary's new science and technology minister, Zoltán Tannach, plans to repeal strict digital asset regulations that drove away major players like fintech platform Revolut, Bloomberg reports.
Allium Reveals $72M Profitable ZEC Shorts Before Vulnerability Disclosure
Analytics firm Allium identified five large short positions on Zcash (ZEC) totaling over $72 million on Hyperliquid, opened just days before a critical Orchard pool vulnerability was discovered. The bug was found on May 29 but disclosed on June 5, triggering a price crash from $685 to around $250.
Crypto Roundup: Digital Asset Raises $355M, Citi Tokenizes Shares
A recap of crypto news from Asia and EMEA: Digital Asset secures $355M from a16z, Citi launches tokenized shares, Bitmine buys 125K ETH in three days, BlackRock updates Bitcoin ETF filing, and more.
Delaware and New Jersey Ban Crypto ATMs, Citing Fraud Risks
Delaware and New Jersey have enacted laws prohibiting crypto ATMs, citing elevated fraud risks. Violators face fines of up to $10,000.
Bitwise CIO: Financial Advisors Shift Focus From Bitcoin to Stablecoins, Tokenized Assets
Bitwise CIO Matt Hougan said financial advisors remain interested in crypto but have shifted from Bitcoin to stablecoins and tokenized assets. He expects these products to drive the next market cycle recovery.
Raydium's Legacy AMM V3 Contract Hacked, $1.34M Drained
Raydium's outdated Legacy AMM V3 contract was exploited, leading to a loss of approximately $1.34 million. Only inactive pools were affected; other protocols remain secure. The team promises full compensation to victims.
CryptoQuant Suggests Bitcoin Bottom at $53,600, Demand Drops 652K BTC
CryptoQuant points to $53,600 as a potential Bitcoin bottom at the average realized price, but notes unfavorable conditions including a 652,000 BTC demand drop and 74,000 BTC monthly ETF outflows.
Crypto Roundup: Michael Saylor Business Model, Anthropic Models, EU Sanctions, and More
A summary of today's crypto news covering MicroStrategy's business model scrutiny, Anthropic's new AI models, Kalshi's insider trading crackdown, Russia's crypto tax bill, SpaceX IPO demand, Wintermute on weak Bitcoin inflows, Botanix L2 shutdown, EU sanctions on exchanges, Curve LlamaLend v2, and a quantum-resistant communication test.
Crypto News Recap: CFTC Rules, BTC Near $62K, Stablecoin Updates
The CFTC proposed prediction market rules, lawmakers debated crypto taxes, Bitcoin traded near $62K with bearish signals, and several stablecoin developments emerged.
Strategy Holds Billions in Bitcoin, Raises Retail Capital via Securities
Strategy, Michael Saylor's firm, holds tens of billions in Bitcoin and increasingly raises retail investor capital through securities. Critics call it a Ponzi scheme, while supporters view it as effective risk management.