Category: News

Bitcoin Miner Profits Fell As BTC Price Lost Strength: Will Miners Sell?

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Key takeaways: Record-low Bitcoin mining margins and rising demand for AI infrastructure incentivize miners to reduce their BTC positions. Institutional spot Bitcoin flows vastly surpass miner output, making macro trends more vital than miner profits alone. Bitcoin’s price slide to $62,000 was paired with weak on-chain activity and declining BTC miner revenues, which have fallen to an all-time low. This revenue drop is fueling investor anxiety over potential sell pressure, especially since miners and mining pools still control over $110 billion in Bitcoin. 1 TH/second of hashing power per day…

Blockchain.com Adds 24/7 Perpetuals, Launches SpaceX Pre-IPO Trading

Rebeca Moen Jun 10, 2026 20:19 Blockchain.com launches 24/7 OTC perpetuals for institutions and a SpaceX pre-IPO contract, eyeing institutional growth ahead of its own IPO. Blockchain.com has expanded its institutional offerings with the launch of 24/7 perpetual trading via its OTC desk, allowing clients to trade stocks, commodities, forex, and pre-IPO contracts around the clock. A key highlight of the rollout is a SpaceX-linked perpetual contract, giving eligible investors exposure to the aerospace giant ahead of its anticipated public listing. The…

Raydium DEX’s AMM Program Exploited For $1.34 Million — Here’s What Went Wrong

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Raydium (RAY), a decentralized exchange on the Solana (SOL) blockchain, said Wednesday that it had suffered a $1.34 million exploit tied to its retired automated market maker, or AMM, V3 program.  Raydium Pools Drained  The protocol said the attacker removed about 150,000 RAY, 5,600 SOL, and nearly 900,000 of Circle’s USDC stablecoin from Raydium pools involving RAY-SOL, USDC-RAY, and SRM-RAY. Raydium attributed the compromise to a weakness in how the older AMM V3 handled liquidity provider (LP) mints. The platform said the vulnerability “stemmed from insufficient validation of the LP…

XRP Forms Channel Support That Puts Market In Difficult Spot, But Bulls Still Have A Chance

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including…

Stand With Crypto UK Launches Campaign Against Bank Crypto Limits

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Stand With Crypto UK is urging its 286,000 members to challenge British banks restricting transfers to cryptocurrency exchanges, arguing that blanket limits on transactions to regulated platforms are restricting access to digital assets. The new campaign cites a report from the UK Cryptoassets Business Council that found 40% of crypto transactions are blocked or restricted by UK banks. The group argues that many of the restrictions apply to transfers involving exchanges registered with the country’s Financial Conduct Authority and do not account for individual customer risk profiles. According to the…

Bitcoin Reclaims $62K as Trump Strikes Iran, Leaving $94M in Trades Wiped Out

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Key Takeaways Bitcoin reclaimed $62,000 on Wednesday, shrugging off a brief dip below $61,000 after an overnight U.S.-Iran fire. The BLS reported May headline CPI hit 4.2%, dampening investor appetite for speculative digital assets. Unresolved Middle East conflict has sparked fears of a rate hike at the Kevin Warsh-led Fed on June 17. 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 below $61,000. Market data shows the…

Bitcoin Price Drops Follow BOJ Rate Hikes: Is Another Crash Developing?

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Since 2024, Bitcoin (BTC) has posted four major corrections after interest rate hikes by the Bank of Japan (BOJ), with declines ranging from 18% to 28%. This dynamic places renewed attention on the BOJ’s June 16 policy decision.  Data currently point to a variety of pressures on BTC, with BTC whale distribution and exchange inflows possibly carrying more weight than Japanese monetary policy.   BOJ hikes and Bitcoin drawdowns: Will history repeat? The relationship between BOJ policy and Bitcoin has gained attention because each rate increase since Japan ended its negative…

CFTC Drafts Its First Major Framework

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The US Commodity Futures Trading Commission (CFTC) has unveiled its first regulatory framework for prediction markets, releasing what it described as a proposed approach to governing the industry under American law.  The plan, issued by the agency on Wednesday, would establish standards for certain types of wagering while leaving markets tied to elections and politics largely outside the category of activities that would trigger more intensive scrutiny. Where The Line Is Drawn The new proposal sets out how the agency would start determining whether a contract should be prohibited. Under…

The Graph (GRT) Integrates AI for Natural Language Blockchain Queries

Tony Kim Jun 10, 2026 18:06 The Graph introduces MCP servers and AI agent skills, enabling natural language queries for blockchain data without GraphQL or Rust expertise. The Graph, a leading blockchain data indexing protocol, has unveiled new tools that make querying blockchain data as simple as asking a question in natural language. Through its Model Context Protocol (MCP) servers and AI agent skills, users can now access live on-chain data without needing to write complex GraphQL queries or Rust code. This…

Whales ‘Quietly Bought’ the $60K Bitcoin Dip as Whale Ratio Hits 61.6%

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Key Takeaways Cryptoquant says whales drove buying at the $60K–$61K bottom, with the Exchange Whale Ratio hitting 61.6%. More than 11,000 BTC left exchanges, marking the $60K–$61K zone as a likely support level. The signal counters a record sell-off that dragged bitcoin to a 2026 low near $59,000. 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 said the Exchange Whale Ratio surged to 61.6% at the $60,000–$61,000 bottom, a reading it described…