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Bitcoin, Ethereum, DeFi, NFTs and the broader crypto market - breaking news, price analysis and regulation updates.
Bitcoin approached $62,000 support levels while the broader cryptocurrency market experienced significant declines. Major altcoins fell 4-22% as capital rotated away from digital assets.
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US spot Bitcoin ETFs extended their longest outflow streak on record to 13 consecutive trading days, with $396.6 million exiting Wednesday alone. Bitcoin has fallen 21% since the sell-off began.
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A significant wave of leveraged long liquidations hit Bitcoin markets as bullish traders exited positions. The $623 million liquidation event signals mounting selling pressure in cryptocurrency derivatives markets.
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Crypto-backed super PACs achieved a perfect win rate in Tuesday's primaries, advancing all 11 endorsed candidates across California, New Jersey, and South Dakota. The victories signal a shift toward bipartisan support rather than backing established crypto allies.
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Bitcoin's recent weakness stems from a broader capital rotation away from crypto momentum trades toward artificial intelligence stocks and IPOs, according to Charles Schwab's digital currency research director. The shift reflects changing investor priorities rather than concerns about institutional bitcoin holders.
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Nvidia CEO Jensen Huang's public endorsement of Marvell Technology as a potential trillion-dollar chip company drove a $90 billion market value increase. The move comes as industry observers assess semiconductor valuations amid broader chip sector momentum.
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Mt. Gox-linked wallets transferred 10,422 bitcoin valued at approximately $739 million as bitcoin price declined. The movement signals continued activity from the defunct exchange's bankruptcy estate.
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Bitcoin fell to $63,000 for the first time since February, marking a 21% decline over four weeks. U.S. spot bitcoin ETFs have recorded 13 consecutive days of outflows, signaling reduced institutional interest amid shifting market dynamics.
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Bitcoin declined nearly 5% to approach $62,000 as market analysts attribute the move to traders rotating capital from cryptocurrencies into AI and IPO-related equities. Leveraged long positions faced significant liquidations during the sell-off.
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Bitcoin fell below $62,000 in Asian trading, triggering $1.5 billion in leveraged crypto liquidations over 24 hours as U.S. spot bitcoin ETFs extended their record withdrawal streak.
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Tom Lee's Bitmine is issuing perpetual preferred shares to raise up to $300 million, adopting a funding strategy similar to MicroStrategy's bitcoin treasury model for crypto asset companies.
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A holder of a physical bitcoin issued 15 years ago successfully redeemed it for approximately $1.78 million in Bitcoin, highlighting the long-term utility of tangible cryptocurrency assets and their preservation across market cycles.
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SpaceX's planned $75 billion initial public offering would bring its 18,712-bitcoin holding into public markets, potentially reshaping capital flows between crypto and tech fundraising as analysts assess liquidity and concentration risks.
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Technical analysis suggests Ethereum could decline further before stabilizing, as ETH trades near $1,825. Market observers point to chart patterns indicating potential support levels below current prices.
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Bitmine, the largest corporate holder of ether, is sitting on nearly $9 billion in unrealized losses as ethereum falls to February lows. The company's stock has declined 28% since early May.
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Bitcoin traded near $65,000 on Wednesday, down 12% over seven days and at its lowest point since February as institutional capital shifts toward alternative investment categories.
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Treasury Secretary Scott Bessent confirmed the U.S. is moving forward with a strategic bitcoin reserve at a deliberate pace, while backing a summer legislative push for the Clarity Act, which would establish clearer regulatory frameworks for digital assets.
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Hyperliquid's HIP-3 token achieved over $62 billion in monthly trading volume, pushing the platform to a record market share in the global perpetual futures space. The growth contrasts with declining native crypto volumes.
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EdgeX initiated a refund program and launched a 200,000 USDC bounty following a sharp decline in its EDGE token price. The crash occurred when 174 addresses flooded a PancakeSwap liquidity pool during a low-liquidity window.
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Zcash's block explorers failed to track new transactions for over four hours on June 3, creating the appearance of a network outage. Infrastructure providers clarified the blockchain itself continued operating normally.
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Bitcoin fell below $66,000 as investors weighed recent ETF outflows against mounting geopolitical uncertainty. Market participants are monitoring fund flows alongside strategic asset moves by major holders.
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LAB token crashed from $27.96 to $6 in a rapid two-hour sell-off, wiping approximately $6 billion in market value. The sharp decline prompted reactions across the crypto community as routers and proxies reportedly dominated trading activity during the collapse.
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A sharp sell-off across major cryptocurrencies triggered the largest single-day liquidation event since February 5. Bitcoin fell below $66,000 and Ethereum broke under $1,900, wiping out $1.84 billion in leveraged positions in 24 hours.
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Cardsmiths has introduced America250 trading cards that offer holders the chance to win actual Bitcoin and Dogecoin. The product marks a convergence of traditional collectibles and cryptocurrency ownership.
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