Category: News

Bitcoin, Ethereum, XRP and SOL enter CME’s new crypto index futures

boss

CME Group has launched Nasdaq CME Crypto Index futures, giving traders exposure to eight large cryptocurrencies through one regulated contract.  Summary CME’s new index futures combine eight major cryptocurrencies through a single cash-settled, regulated derivatives contract. Standard and micro contracts give traders broader crypto exposure without directly holding the underlying assets. The launch extends CME’s crypto expansion after adding more altcoin futures and continuous trading access. Trading began on June 8, while CME confirmed the launch on June 9. The product tracks Bitcoin, Bitcoin Cash, Ether, Solana, XRP, Cardano, Chainlink…

Crypto Users Wary as Anthropic’s Claude Mythos Goes Live

boss

AI company Anthropic on Tuesday released the first public version of its powerful Claude Mythos model, called Fable 5, with some crypto users worried it could be used for malicious purposes, despite embedded guardrails.  Anthropic said last month that its Mythos model uncovered more than 10,000 high or critical-severity vulnerabilities in “systemically important software,” leading many to question if it should be publicly released. This was despite the company saying on Tuesday that Fable 5 was “made safe for general use,” and has safeguards that reroute some topics, such as…

Ethereum Price Looks Vulnerable Again After A Failed Recovery Attempt

boss

Ethereum price started a downside correction from $1,720. ETH must clear the $1,670 and $1,700 resistance levels to continue higher. Ethereum started a downside correction below the $1,620 zone. The price is trading below $1,665 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $1,700 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,680 zone. Ethereum Price Resumes Decline Ethereum price failed to stay above the $1,700…

SpaceX Exposure Comes To Bybit Through New Tokenized Product

boss

Bybit users who subscribe to the exchange’s new IPO Express product and receive an allocation may be in for a surprise: if the final offering price comes in within 20% of the indicative price they agreed to, their order gets executed automatically, without any additional confirmation required. Related Reading Launched June 7, IPO Express lets eligible Bybit users subscribe to tokenized representations of IPO shares at the offering price, with SpaceX as its first listing under the token ticker SPCX. Subscriptions run through June 11, with spot trading scheduled to…

Wintermute Warns Bitcoin Bottom Is Unclear With ETF Outflows Near $3B

boss

Key Takeaways Wintermute said exchange-traded fund (ETF) outflows, not Strategy’s 32 BTC sale, drove bitcoin below $62,000. U.S. spot Bitcoin ETFs lost $2.97B in 10 days, signaling weaker institutional demand. Wintermute sees accumulation near $62K but says fresh inflows must return to confirm a bottom. Wintermute Sees Early Bitcoin Accumulation but Says Recovery Lacks Confirmation Bitcoin’s sharp fall below $62,000 was driven less by Strategy’s symbolic sale of 32 BTC and more by weakening institutional flows, according to Wintermute. The market maker said bitcoin dropped about 14% over the week,…

Bitcoin Price Back Under Pressure After Recovery Hopes Fade

boss

Bitcoin price started a downside correction from the $64,600 zone. BTC is showing bearish signs and might continue lower below $61,200. Bitcoin failed to stay above $64,000 and extended losses. The price is trading below $62,800 and the 100 hourly simple moving average. There was a break below a bullish trend line with support at $62,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $62,500 and $62,200 levels. Bitcoin Price Dips Again Bitcoin price failed to…

Bitcoin Flashes One Of Its Rarest Demand Signals In Six Years – Details

boss

Bitcoin is holding above $62,000 after the massive drop that defined last week’s market action and erased months of recovery progress in a matter of days. The price is stabilizing — but analyst MorenoDV has published a demand analysis that places the current market conditions in a historical context that makes the stability feel considerably more fragile than the held price level suggests. Related Reading Bitcoin demand has entered one of its most extreme contraction regimes since 2019. The 30-day growth of combined spot and perpetual futures demand has fallen…

XRP Is Oversold On Every Time Frame, And This Could Be The Bullish Signal Everyone Is Waiting For

boss

XRP is now oversold across all major time frames, signaling weakening momentum as its price continues to test key support levels. Crypto analyst Dark Defender revealed that this could be the bullish signal the broader market has been waiting for, suggesting a potential rebound may be on the horizon. He based his outlook on historical patterns, noting that the last time XRP reached similar oversold conditions, the cryptocurrency experienced a sharp rally to new highs. XRP Oversold Levels Signal Explosive Triple-Digit Rally In an X post on June 6, Dark…

Bitcoin Stablecoin Ratio Drops To Extreme Low—What It Means For BTC

boss

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

Bitcoin price tumbles after Trump orders military response to Iran

boss

Bitcoin price extended its decline on Tuesday after U.S. President Donald Trump announced a military response against Iran, triggering a broader risk-off move across global markets and adding fresh pressure to an already fragile crypto sector. Summary Bitcoin price fell to an intraday low of $60,892 after Trump ordered a military response against Iran. More than $664 million in crypto positions were liquidated as traders reduced risk exposure. Glassnode says over 8 million BTC are now underwater while ETF outflows and extreme fear continue to weigh on sentiment. According to…