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Bitcoin (BTC) is suffering pressure from veteran holders securing gains and must hold the key $95,600 support level to remain bullish if it breaks below six-figures, according to a June 5 report by Glassnode.
The report highlighted that after breaking below $103,700, the next major level of support is the psychological price level of $100,000 and failing that $95,600.
For now, Bitcoin is holding...
World Liberty Financial (WLFI), the crypto venture associated with President Donald Trump and members of his family, has issued a cease-and-desist letter to the creators of a newly announced Trump-branded crypto wallet, Bloomberg News reported on June 5, citing a person familiar with the matter.
The letter, reportedly sent to Fight Fight Fight LLC, the company behind the Official TRUMP memecoin...
Uber is exploring dollar-pegged stablecoins as a tool for transferring funds across its global network, CEO Dara Khosrowshahi said on June 5 at the Bloomberg Tech conference in San Francisco.
Khosrowshahi explained that blockchain-based tokens could settle payments faster than traditional correspondent bank channels and eliminate layers of foreign exchange fees.
He said that stablecoins “have a...
Bitcoin (BTC) plunged to a low of $101,500 on June 5, marking its sharpest decline in over a month as a wave of selling swept through crypto markets.
The drop extended a multi-day slide triggered by shifting investor sentiment and declining demand from institutions.
The world’s largest cryptocurrency touched a low of $101,500 before stabilizing slightly above $102,000. Bitcoin is now down more...
Circle’s (CRCL) shares more than tripled minutes into their New York Stock Exchange debut on June 5, touching $103.75 less than 30 minutes following its launch and resulting in several volatility halts.
The price peak is 234% above the initial public offering (IPO) price of $31, which captured over $1 billion by selling 34 million shares. Circle sold 14.8 million shares, while CEO Jeremy Allaire...
Anthropic CEO Dario Amodei urged US lawmakers to write transparency rules for artificial intelligence companies instead of granting a decade-long freeze on state regulation proposed in President Donald Trump’s technology bill.
In a June 5 guest essay in The New York Times, Amodei described an internal evaluation in which Anthropic’s newest model threatened to expose a user’s private emails unless...
The fallout from Coinbase’s recent data breach has reached a troubling new phase as victims report receiving fraudulent physical letters in the mail, exploiting their exposed personal information to advance a credit protection scam.
The Block founder Mike Dudas sounded the alarm in a social media post on June 5, warning that he received a fake letter at his home address.
The letter included his...
VerifiedX, the pioneering decentralized Layer 1 blockchain protocol, has officially launched Vault Accounts, a groundbreaking on-chain custody solution that redefines crypto security and user control — particularly for Bitcoin holders.
Unlike traditional custodial wallets or smart contract-based solutions, Vault Accounts are fully native to the VerifiedX network, offering an unmatched suite of...
Circle, the issuer of the USDC stablecoin, officially began trading on the New York Stock Exchange (NYSE) on June 5 under the ticker symbol CRCL.
The listing milestone marks a significant milestone for the firm as it becomes one of the few major crypto-native companies to go public through a traditional listing.
Circle CEO Jeremy Allaire said on social media that the firm’s transition to a...
Over the past year, total trading volume across centralized crypto exchanges has surged to $80 trillion, according to CCData’s Exchange Review series.
The milestone captures the combined activity from both spot and derivatives markets, highlighting a year marked by sharp cyclical swings, structural dominance of perpetual contracts, and a new, elevated volatility baseline.
Volume Regimes: A Tale...