Market news
Crypto, stocks, forex and macro, aggregated for traders.
Spot BTC and ETH ETFs Log Outflows; XRP and HYPE See Inflows
Last week, spot Bitcoin and Ethereum ETFs recorded net outflows of $1.72B and $168.22M respectively, while XRP and HYPE ETFs saw net inflows.
Lubin: Ethereum Foundation Reorganization Not a Crisis, Reflects Focus on Core Tech
Ethereum co-founder Joseph Lubin said the Ethereum Foundation's current reorganization, including budget cuts and personnel changes, is not a sign of crisis but a strategic refocus on core technology and network values.
Brian Armstrong: AI Demand 'Near Infinite', 80% of Workloads to Shift to Cheaper Models
Coinbase CEO Brian Armstrong predicts near-infinite demand for AI but expects 80% of workloads to run on 99% cheaper models within 12-18 months, with energy and compute as the limiting factors.
US House Committee Circulates 7 Draft Bills on Crypto Tax Rules
The US House Ways and Means Committee has circulated seven draft bills on digital asset taxation, including proposals for tax relief on mining and staking, as well as a de minimis exemption for small crypto transactions.
Peter Schiff Rejects Jamie Dimon's Call for Crypto Bank-Level Regulation
Peter Schiff pushes back on Jamie Dimon's proposal to subject crypto firms to the same capital and compliance standards as banks, arguing that stablecoin issuers do not engage in risky lending like FDIC-insured institutions.
Bitcoin Bounces from $60K; Bloomberg Warns of Coldest Crypto Winter
Bitcoin rebounded from $60,000, while Bloomberg predicted the harshest crypto winter yet. Russia's central bank plans to restrict retail investors to only BTC, ETH, and USDT. Vitalik Buterin proposed a model for crash-resistant synthetic assets, and a white hat hacker unlocked $2M from a 2016 smart contract.
Major Cryptocurrencies Rally with Bitcoin Above $62,750
Bitcoin rose 3.33% to $62,758, leading a broad crypto market rally. Ethereum, Solana, and Dogecoin posted gains between 2.74% and 6.52%.
Bitcoin bottom range $46K-$54K indicated by CVDD metric, says Glassnode co-founder
Glassnode co-founder Raphael Schulze-Kraft says the CVDD metric, historically the most accurate indicator, points to a Bitcoin cycle bottom between $46,000 and $54,000. He notes that drawdown depth has shrunk each cycle, with the current 50% decline from the October 2025 high suggesting the floor may be closer to the upper end.
Bitcoin Breaks Below $60K Twice, $1.27B Liquidations
Bitcoin briefly dipped below $60,000 twice in the past 24 hours before recovering to around $61,000. Total liquidations reached $1.27 billion, with nearly $980 million in long positions.
Spot Bitcoin ETFs See $1.72B Weekly Outflow, Second Largest on Record
Investors pulled $1.72 billion from spot Bitcoin ETFs last week—the second-largest weekly outflow on record. Total Bitcoin ETF assets fell to $75.1 billion. Ethereum and Solana funds also lost money, while XRP ETFs saw a small inflow.
Bank of Russia Won't Expand Crypto Access for Non-Qualified Investors
The Central Bank of Russia says it has no plans to broaden the list of cryptocurrencies available to non-qualified investors or raise the 300,000 ruble investment cap. Only Bitcoin, Ethereum, and USDT will be permitted initially.
Weekly Crypto Roundup Covers Market Crisis, TON Rebrand, and DeFi Risk Models
A weekly analysis piece reviews key crypto events including a systemic market crisis, TON rebranding, stricter Aave listing rules, the end of stablecoin anonymity, Vitalik Buterin's conservative DeFi risk model, and the dopamine trap of perpetuals.
Security Roundup: Trezor Safe 7 Vulnerability, Dashlane Hack, and More
A weekly cybersecurity roundup includes a vulnerability in the Trezor Safe 7 crypto wallet chip, a Dashlane password manager breach, Chinese hackers targeting Europe, and scammers exploiting AI support for Instagram accounts.
ForkLog Roundup: Bitcoin at $60K, Institutional BTC Selling
ForkLog's weekly digest leads with a Bitcoin crash to $60,000, Bloomberg's forecast of a severe crypto winter, and institutional sales of 52,500 BTC through ETFs. Also featured are Zcash's 48% drop, Microsoft's quantum chip, and AI security news.
Hathor Network: Stablecoins Need Confidential Rails for Corporate Use
Hathor Network argues that stablecoin growth into corporate adoption requires privacy-preserving infrastructure with selective disclosure for compliance.
Hunter Biden: Fiat Is a Sham, Crypto Is Inevitable Future
Hunter Biden, son of former US President Joe Biden, stated that fiat currency is a sham and the banking class is corrupt, calling decentralized digital currency and blockchain the inevitable future.
CryptoQuant CEO: Bitcoin Would Be Near $22K Without Saylor, ETF Absorption
CryptoQuant CEO Ki Young Ju stated that Bitcoin could be trading around $22,000 if not for the absorption of 1.24 million BTC by Michael Saylor and spot ETFs over the past two years.
Zcash Plunges 48% After Fixing Critical Vulnerability
Zcash (ZEC) tumbled 48% following the resolution of a critical vulnerability in its network.
Bitcoin Drops Below $60K as Leveraged Position Liquidations Top $1.5B
Bitcoin fell under the $60,000 mark amid mounting selling pressure. Total liquidations of leveraged crypto positions have surged to $1.5 billion in the past 24 hours.
Adam Back: Bitcoin May Need New Signature Algorithms for Quantum Readiness
Adam Back suggests Bitcoin may need new signature algorithms in the future to prepare for quantum computing threats, but not because they are breaking the protocol today.
Crystal First to Tag Belarus Crypto Service WHITEBIRD Over EU Sanctions
Blockchain analytics provider Crystal has labeled addresses of Belarusian crypto service WHITEBIRD as linked to sanctions evasion, citing the EU's 20th sanctions package. Other providers have not yet applied similar tags, highlighting inconsistencies in AML risk assessments.
Critical Zcash Bug Allows Counterfeit Minting, ZEC Plunges 50%+
A vulnerability in Zcash could have enabled unlimited counterfeit ZEC; the token dropped over 50% with liquidations exceeding $100 million.
Chainalysis: Gray Market Peptide Payments Surge Past $100M, Driven by Bitcoin and Stablecoins
Chainalysis reports on-chain payments for gray market peptides exceeded $100 million annually, with Q1 inflows jumping 159% to $32 million, partly due to high costs of weight-loss drugs like Ozempic.
Spot Bitcoin ETFs Record $3M Inflow, End 13-Day Outflow Streak
On June 4, spot Bitcoin ETFs saw a net inflow of $3.04 million, breaking a 13-day outflow streak. Ethereum funds also attracted $19.3 million after 17 days of negative flows.