Category: News

Bitcoin’s Great Wealth Transfer May Fuel Next Rally: CryptoQuant CEO

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CryptoQuant CEO Ki Young Ju says Bitcoin’s current distribution phase may be less a sign of structural weakness than a major transfer of supply from old market participants to US financial institutions, ETFs and new long-term holders. In a series of posts on X, Ki argued that selling by Bitcoin OGs and long-time miners is part of a broad “change of hands” rather than evidence that the asset has exhausted its cycle. The key question, in his view, is not only how much supply is being sold, but who is…

SEC’s Hester Peirce Defends Open-Source Blockchain Developers

Caroline Bishop Jun 04, 2026 22:05 SEC Commissioner Hester Peirce advocates against applying securities rules to blockchain developers, emphasizing decentralization and free speech. SEC Commissioner Hester Peirce has once again voiced her support for open-source blockchain developers, arguing that publishing decentralized software should not automatically subject creators to securities regulations. Speaking on June 3, 2026, at the IC3 Blockchain Camp hosted by Princeton University, Peirce highlighted the risks of applying traditional financial rules to decentralized technologies. “Many blockchain projects involve publishing open-source…

OCC Head Says he only Feels ‘Political Pressure’ from Democrats over Crypto Trust Charter

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Jonathan Gould, the Comptroller of the Currency (OCC) nominated by Donald Trump, implied that the US president had not ordered him to approve or give special consideration to a national trust charter application tied to his family’s financial interests. In a Thursday hearing of the House Financial Service Committee on “oversight of prudential regulators,” New York Representative Gregory Meeks questioned Gould on the Trump family crypto company World Liberty Financial’s connections to foreign governments and the Binance exchange. The company, whose co-founders include Trump and his sons, applied for an OCC…

If XRP Price Loses This Current Support, This Is How Low It Will Go

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XRP has spent the better part of four months carving out a trading range with a series of contested highs and lows that kept both bulls and bears engaged.  That appearance of stability is now under serious threat, as the cryptocurrency has returned to the exact support level that anchored its range lows throughout the consolidation. XRP losing this support level will determine the next significant directional move. XRP Returns To The Same Range Low XRP’s price action on the daily candlestick timeframe chart shows the cryptocurrency is currently locked…

Strategy may be forced to sell more Bitcoin, Grayscale warns

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Michael Saylor’s Strategy has faced growing pressure to sell additional Bitcoin after a recent share price decline raised concerns about the sustainability of its financing structure, according to a new report from Grayscale Research. Summary Grayscale warned that Strategy may be forced to sell more Bitcoin if weakness in STRC increases cash flow obligations. The firm said lower STRC and MSTR share prices could restrict Strategy’s ability to raise capital for additional BTC purchases. While Grayscale expects Bitcoin to recover, Standard Chartered believes Strategy will resume aggressive Bitcoin accumulation. Grayscale…

Polymarket Traders Put 62% Odds on Bitcoin Dropping Below $60K This June – Bitcoin News

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Key Takeaways Polymarket’s June bitcoin market, with $6.22M in volume, prices a 62% chance BTC drops to $60,000 or below. Kalshi’s $60K-vs-$100K contract gives bitcoin an 83% probability of hitting $60K first before year-end 2026. Myriad traders put a 67.9% edge on a $55K dump over an $84K pump in BTC’s next major move. As of 3:30 p.m. EDT on June 4, 2026, bitcoin is trading at $63,826, down roughly 2.8% on the day. The price level has become a focal point on Polymarket, Kalshi, and Myriad markets, where a…

Strategy’s Bitcoin Sale Raises Solvency Concerns As Bitcoin Crashes

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Key takeaways: Strategy faces tighter short-term liquidity, but its conservative 11% net leverage protects it from forced BTC liquidations. A Bitcoin rally above $70,000 remains unlikely as long as STRC trades under $100 and spot ETFs show net selling pressure. Bitcoin (BTC) faced a 21% price correction in 10 days, retesting the $61,000 level for the first time in 4 months. This movement coincided with Strategy (MSTR US) company’s decision to buy back some corporate debt, temporarily pausing its Bitcoin accumulation. Traders now fear that Strategy could be forced to…

XRP Price Falls To 4-Month Lows—Charts Signal Sell, On-Chain Data Turns Bearish

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The XRP price slid on Wednesday to its lowest level in four months, hitting $1.14. The drop has contributed to a broader soft patch across crypto, and both chart analysis and on-chain indicators are now pointing to a more bearish environment for the altcoin.  XRP Price Slips Below Key Averages Market expert Sam Daodu, in a fresh breakdown of what’s driving the move, argued that there currently isn’t much for bulls to lean on. One of the most immediate issues is trend structure.  According to Daodu, the XRP price is…

Why is Jim Cramer calling Bitcoin’s latest crash a murder?

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Bitcoin has fallen below $64,000 after Strategy’s small BTC sale intensified pressure on a market already facing ETF outflows and renewed criticism from high-profile skeptics. Summary Bitcoin fell below $64,000 after Strategy disclosed a 32 BTC sale, raising fresh concerns across the crypto market. Jim Cramer said Strategy’s move shook confidence because investors viewed Saylor’s company as a major Bitcoin supporter. SoSoValue data showed U.S. spot Bitcoin ETFs recorded $1.40 billion in outflows during early June. According to Strategy’s latest disclosure, the Michael Saylor-led Bitcoin treasury firm sold 32 BTC…

Russia Targets British 17-Year-Old for Alleging Digital Assets were Circumventing Sanctions

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Latest NewsPublishedJun 4, 2026 Political activist Bill Browder, the teenager’s father, said his son was “the first high school student in the world to be sanctioned by an authoritarian regime” over a report on the ruble-pegged stablecoin A7A5. Alexander Browder, the son of American-British political activist Bill Browder, said that he has been targeted by Russia over allegations that officials used the ruble-pegged A7A5 stablecoin to evade sanctions amid the country’s war on Ukraine. In a Wednesday X post, Browder said his work through the website Global Cryptocurrency Laundering Database…