In today’s crypto news (June 10), Bitcoin ended a few days of positive price action by crashing nearly -3% overnight, to $61,000, before recovering to $61,500. However, traders are seemingly learning, as there wasn’t a huge liquidation event during the BTC drop, with just $400M in positions wiped out, though more than $300M of that…
BTC has transitioned out of the accumulation phase that drove its rally earlier this year and entered a distribution regime driven by ETF outflows and macroeconomic conditions. The bullish impulse of the Bitcoin market has exhausted itself, and bitcoin has now entered a distribution phase. This can be seen in investors increasingly selling into…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors revisit low-priced crypto opportunities as Little Pepe, FLOKI, and SEI attract market attention. Summary Supporters of Little Pepe, FLOKI, and SEI argue that each offers exposure to different growth narratives in 2026, ranging…
In EU crypto news, within 24 hours of each other, Russia and the European Union each moved to restrict the same class of crypto assets, for completely opposite reasons. Russia’s Deputy Finance Minister Ivan Chebeskov, speaking at the St. Petersburg International Economic Forum on June 9, 2026, announced fees of 0.5–3% on assets classified as…
Debate continues over whether decentralized systems or centralized financial institutions are better positioned to handle quantum-era risks. Venture capitalist Tim Draper says fears that quantum computing will break Bitcoin (BTC) are misplaced, arguing that traditional banks and the dollars held within them face a bigger security risk. In comments published by Benzinga and amplified…
Iran’s main military command has closed the Strait of Hormuz to all vessels after fresh US attacks. Summary Iran’s Khatam al-Anbiya command said the Strait of Hormuz is closed to all vessels until further notice. Iranian media reported that Revolutionary Guards forces hit two ships attempting to pass through the waterway. US Central Command said…
Bitcoin price is trading near $61,000–$62,000 on June 10, down roughly 50% from its October 2025 peak above $126,000, and Binance founder CZ has stepped into the silence with a characteristically calm message: don’t panic, the Bitcoin dip is temporary, and the bottom may already be in. It is the kind of statement that sounds…
The exchange argued that tracking gains on stablecoin purchases creates administrative complexity without generating meaningful tax revenue. Coinbase’s vice president of tax, Lawrence Zlatkin, testified before the House Ways and Means Committee on June 9, asking lawmakers to stop requiring Americans to calculate capital gains every time they spend a stablecoin or pay a…
Oracle has reported stronger fiscal fourth-quarter earnings and revenue than analysts expected. Summary Oracle beat fiscal fourth-quarter estimates with $2.11 adjusted EPS and $19.18 billion in revenue. The company plans to raise $40 billion through debt and equity financing for AI infrastructure. Oracle’s remaining performance obligation rose 363% to $638 billion, helped by large AI…
U.S. spot Bitcoin ETFs assets stood at $77.58Bn as of June 10, 2026, precisely where they were the week Donald Trump won the presidential election in November 2024. In the intervening 19 months, these funds climbed to a record $169.54Bn, then bled back every dollar of those gains. Over just the past four weeks, Bitcoin…
