Author: boss

Bitmine Buys Ethereum Dip As Tom Lee Dismisses Market Selloff

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Bitmine, the world’s largest Ethereum treasury, has ramped up its ETH buying during the latest crypto market correction, making the company’s largest purchase of 2026 to date. Related Reading Bitmine Doubles Down On Ethereum On Monday, Bitmine Immersion Technologies announced it had bought over 126,971 ETH, worth roughly $214 million, during last week’s dip, marking the treasury’s largest purchase so far this year. Now, Bitmine’s crypto and cash holdings sit at $9.6 billion at current prices, comprised of 5,543,872 ETH at $1,630 per ETH, 204 Bitcoin (BTC), a $180 million…

Google Unveils a Clever Trick to Safeguard You From AI-Driven Phone Scams – Bitcoin News

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Key Takeaways Google launched Phone by Google on Pixel, using device handshakes to flag spoofed calls. FBI cited $893M in AI scam losses, raising pressure on carriers and regulators. Google plans broader RCS rollout; Android 12+ devices could gain verification next. Scammers no longer need your phone to sound like you; AI can fake the number and the voice, too. Google is countering that with a Pixel-first update to its Phone app that quietly pings the other device to prove a call is real, then warns you when it is…

Bitcoin crash fails to scare institutions, Coinbase strategist says

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Bitcoin’s fall toward $60,000 has not caused a broad retreat among large investors, according to Coinbase Institutional strategy head John D’Agostino.  Summary Family offices and sovereign funds are buying Bitcoin at lower prices instead of reducing exposure. D’Agostino says major institutional holders do not appear dangerously leveraged or close to forced liquidation. Strategy added 1,550 Bitcoin while ETF exposure remained near $100 billion despite the market decline. He said family offices, governments, and sovereign wealth funds continue treating lower prices as an entry point. According to crypto.news market data, Bitcoin…

Dogecoin (DOGE) At $0.086–Two Scenarios Ahead, Including A New 32% Crash

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Dogecoin (DOGE) bounced back on Monday in a modest relief rally, climbing to about $0.086 after sliding to a multi-year low of $0.077 over the weekend. But when looking for clues on where the memecoin might go next, market analyst Ali Martinez released a technical update arguing that DOGE is sitting at a “critical structural inflection point.” In his view, the next phase could follow one of two clear paths, shaped by both higher-timeframe chart patterns and on-chain activity. Is A Macro Expansion Cycle Next?  Martinez said Dogecoin is currently resting…

UK Proposes Limited Retail Fund Exposure to Crypto

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The UK’s Financial Conduct Authority has proposed allowing some authorized investment funds to hold up to a 10% allocation of crypto exchange-traded notes, closing a regulatory gap between retail investors and funds. The FCA floated the idea in a quarterly consultation paper on Friday, which would allow retail-focused funds called undertakings for collective investment in transferable securities, or UCITS funds, and some non-UCITS funds to gain exposure to crypto. The regulator said it wanted authorized funds to “remain contemporary and consistent with the demands of investors” while ensuring consumers “are…

Zcash Crashed 50% On A Four-Year-Old Secret — The Recovery Has Quietly Begun

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Zcash has completed a two-phase emergency network upgrade to fix a critical vulnerability in its Orchard shielded pool — a flaw that sat undetected for four years, could theoretically have allowed unlimited undetectable counterfeit ZEC creation, and triggered a 50% price collapse before the network’s swift response began restoring confidence and driving a recovery in ZEC’s price. Related Reading Josh Swihart, CEO of Electric Coin Company — the primary developer of Zcash — posted on X on June 7 confirming the fix was complete and the network secure, as ZEC…

Top 100 Bitcoin Treasuries Now Hold 1.26M BTC

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Key Takeaways Top 100 institutional bitcoin holders now control nearly 1.26 million BTC, although Strategy alone accounts for more than two-thirds of that total. Mining firms, technology companies, private enterprises, and treasury vehicles are using bitcoin to diversify reserves, hedge inflation risk, and signal long-term conviction. The data shows broad institutional participation, but holdings remain highly concentrated among crypto-native firms and one dominant corporate buyer. Bitcoin Treasuries Are Turning Scarcity Into Strategy Institutional bitcoin accumulation has grown dramatically, with the top 100 holders now controlling 1,258,090 BTC as of June…

What’s Going Wrong With XRP? Expert Points To 2 Major Bearish Flips In These Key Metrics

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XRP and much of the broader crypto market managed a short-lived bounce on Monday after last week’s sharp drop to around $1.04. The recovery, however, comes with fresh cautions hanging over the token.  Alex Carchidi, expert from The Motley Fool, argues that two important XRP-related metrics have turned notably bearish over the last 30 days. If the situation does not improve soon, he warns, it could undermine the argument that XRP is the “go-to” way to gain exposure to institutional activity in the tokenization market. Two Bearish Signals Emerge  Carchidi…

Humanity Protocol Hacked, H Token Crashes 85%

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The Humanity Protocol, dubbed the “Chinese Worldcoin,” has been exploited for more than $30 million through a private key compromise, sending the price of H tokens plummeting on Tuesday.  “We’ve detected a security incident involving the compromise of private keys belonging to a member of the Humanity Foundation,” said Terence Kwok, founder and CEO of Humanity Protocol, on Tuesday. Kwok advised users not to interact with the bridge or any liquidity pools until it has been deemed safe and added that the team was working with security experts, but did…

Bitcoiners Stand Firm Even if Bitcoin Crashes to $0

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Key Takeaways Most bitcoin supporters indicated that even a total collapse to $0 would not validate Peter Schiff’s bearish thesis. Respondents also highlighted intermediate thresholds between $20,000 and $1,000, showing persistent optimism despite potential losses. Schiff warned technical weakness could push BTC toward $25,000 to $27,000, intensifying scrutiny of Strategy Inc.’s holdings. Bitcoiners Reject Peter Schiff’s Bearish Case Even in Collapse Scenario Economist and gold advocate Peter Schiff sparked renewed debate over bitcoin’s sustainability after sharing a poll highlighting persistent optimism among bitcoiners, despite potential massive losses. Schiff, a long-time…