Grayscale has weighed in on whether bitcoin is cheap after BTC’s recent decline below $60,000. The firm points investors to two key factors that could determine whether the market has found a bottom. Bitcoin Valuation Metrics Suggest BTC May Be Undervalued Bitcoin’s recent drop to a new cycle low below $60,000 has sparked a key […]
Read MoreCME Group Launches Crypto Index Futures Tracking Bitcoin, Solana and XRP
CME Group has launched Nasdaq CME Crypto Index futures, giving investors a regulated way to trade and hedge broad exposure to major digital assets. The contracts settle against a Nasdaq-CME benchmark covering some of the largest and most actively traded cryptocurrencies. Nasdaq and CME Launch Crypto Index Futures Tied to 8 Leading Tokens CME Group […]
Read MoreNoah Doe-Linked Bitcoin Awakens Again as Another 2011 Casascius Coin Cashes Out
Onchain records show yet another Casascius physical bitcoin has been redeemed, this time from an address originally created on Nov. 1, 2011. The plot thickens, however, because the spend traces back to another dormant wallet tied to the sprawling New York Supreme Court case Noah Doe v. John Does 1–39,069, adding one more chapter to […]
Read MoreSpain and France Split the Favorite Tag as World Cup Prediction Markets Cross $2B
Prediction market traders across Polymarket and Kalshi have committed more than $2 billion to the 2026 FIFA World Cup winner market ahead of Thursday’s opening kickoff, with Spain and France sharing the frontrunner position as the tournament launches across North America. Spain and France Lead the Board On Polymarket, as of 3:30 p.m. EDT on […]
Read MoreTether Leads $1.4B NEURA Robotics Round to Give Machines Built-In Crypto Wallets
Tether is leading one of the largest private investment rounds in humanoid robotics history, committing up to $1.4 billion to NEURA Robotics as part of a push to wire autonomous machines into the global financial system. A New Role for Stablecoins The deal, announced June 10, positions Tether as the primary financial and intelligence infrastructure […]
Read MoreTraders Watch Gold Crash 3.25% to $4,120 After May CPI Confirms 4.2% Inflation
Gold dropped $138.60 on Wednesday as a hotter-than-expected May consumer price index (CPI) print erased any safe-haven premium built on Iran escalation fears, sending the metal to its lowest level in months. Gold and Silver Prices on June 10 At 1:08 p.m. EDT, gold bid at $4,120.10 per ounce, down 3.25% on the day. The […]
Read MoreBitcoin Reclaims $62K as Trump Strikes Iran, Leaving $94M in Trades Wiped Out
Bitcoin reclaimed the $62,000 threshold on Wednesday, recovering from an intraday drop to $60,679 and driving the overall crypto market valuation to $2.21 trillion. Middle East Conflict Escalates Following Helicopter Downing Bitcoin on Wednesday appeared to shrug off overnight military exchanges between U.S. and Iranian forces, reclaiming the $62,000 level just hours after briefly slipping […]
Read MoreTrainwreckstv Hits $50 Million Max Win on Stake-Exclusive Slot in Record Payout
Kick streamer Trainwreckstv has landed a $50 million max win on Coins and Cauldrons, a Stake-exclusive slot – a payout reported as the largest in online slot history, capping a session of half-million-dollar bonus buys. A $500,000 buy hits the 50,000x cap Tyler “Trainwreckstv” Niknam, one of the most prominent gambling streamers on Kick, hit […]
Read MoreCryptoquant: Whales ‘Quietly Bought’ the $60K Bitcoin Dip as Whale Ratio Hits 61.6%
Whales quietly scooped up bitcoin while retail investors panicked near the $60,000 mark, with Cryptoquant data showing the Exchange Whale Ratio spiking to 61.6% as large holders dominated buying. Whales Step In at $60,000 Whales quietly accumulated bitcoin while retail investors panicked near the $60,000 mark, according to crypto data intelligence firm Cryptoquant. The firm […]
Read MoreJapan’s 3 Biggest Banks Join Forces to Launch Yen Stablecoin by March 2027
Japan’s three largest banks announced plans Wednesday to jointly issue a yen-pegged stablecoin and begin live commercial transactions before March 2027, a direct move to build domestic digital payment rails as USD-denominated stablecoins hold an estimated 84% to 90% of the $300+ billion global market. Banks Sign MOU, Form Governance Council MUFG Bank, Mizuho Bank, […]
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