Category: News

Citrini Research Puts Hyperliquid On Wall Street’s Crypto Radar

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Citrini Research has singled out Hyperliquid’s HYPE token as a crypto asset with a cash-flow profile that separates it from what the firm calls the “memetic majority” of the market. In its June 2026 “State of the Themes” report, the research firm argued that HYPE’s fee-driven buyback structure, expanding Assistance Fund and emerging ETF narrative make Hyperliquid one of the more compelling crypto market-structure stories now reaching Wall Street’s radar. Hyperliquid Gains Wall Street Attention The core of Citrini’s thesis is straightforward: HYPE is not being framed merely as a…

Governments and Family Offices Are ‘Happy’ to Buy Bitcoin at a Discount

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Key Takeaways Coinbase’s John D’Agostino says institutions that bought bitcoin near $125,000 want it even more around $60,000. He points to UAE family offices and sovereign wealth funds buying the dip after bitcoin’s drop to a 2026 low of $59,100. D’Agostino has repeatedly painted bitcoin as a gold-style macro hedge, citing resilient ETF ownership despite recent outflows. Why Institutions Aren’t Flinching at Sub-$60K Bitcoin As bitcoin tumbled toward its lowest levels of the year, John D’Agostino, Coinbase’s head of institutional strategy, offered a counter-narrative to the doom. Speaking on CNBC’s…

XRP Ledger 3.2.0 Goes Live June 15: What the rippled-to-xrpld Rebrand Means

The XRP Ledger Foundation is targeting June 15 for mainnet activation of the v3.2.0 upgrade, an infrastructure-level release that renames the network’s core server software from rippled to xrpld and is expected to reduce memory consumption by 30–40%. The date was confirmed by dUNL validator Vet, an XRPL Foundation contributor, in response to community inquiries, though it is necessary to flag that XRPL Operations’ own announcement language as of June 4 reads ‘coming soon,’ leaving June 15 as a stated target rather than an irrevocably locked activation date. Every validator…

Clarity Act News: Senate Kills Ethics Amendment, Leaving Officials Free to Profit from Crypto

In Clarity Act news today,  the Senate Banking Committee voted 13–11 on May 14, 2026, to reject a Democratic-sponsored ethics amendment to the Digital Asset Market Clarity Act, commonly referred to as the Clarity Act – that would have barred the president, vice president, and members of Congress from owning or participating in cryptocurrency businesses, with Senator Chris Van Hollen (D-MD) sponsoring the defeated measure and Senator Bernie Moreno (R-OH) leading opposition, arguing the amendment was procedurally out of order and its underlying allegations against the Trump family unproven. The…

SBI Shinsei Bank Plans Crypto Vouchers for Depositors

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SBI Shinsei Bank will reportedly launch a service that rewards deposit customers with cryptocurrency exchange vouchers based on their account balances. According to a Nikkei report, customers will receive vouchers equal to 20% of their interest payments, in addition to their yen-denominated interest. The vouchers can be exchanged for Bitcoin (BTC), Ether (ETH) or XRP within a specified period.  Customers would need to open an account with SBI’s crypto exchange arm, SBI VC Trade, to redeem the vouchers. The rollout turns a conventional savings product into a crypto on-ramp, potentially…

SBI Shinsei Bank offers Bitcoin, Ether and XRP rewards on deposits

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SBI Shinsei Bank has introduced a campaign that has linked deposit interest payments to cryptocurrency exchange vouchers worth 20% of the interest earned. Summary SBI Shinsei Bank will offer crypto exchange vouchers worth 20% of deposit interest, redeemable for Bitcoin, Ether, or XRP. Customers must open an SBI VC Trade account to convert the vouchers into cryptocurrency during the campaign period. The new deposit rewards program adds to SBI Group’s growing lineup of crypto services, including lending, investment products, and crypto rewards cards. According to a report by Nikkei, the…

Security Milestone: XRP Lending Protocol Completes Military-Grade Assessment

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Testing found something conventional methods missed. Ripple software engineer Vito Tumas disclosed that the formal verification process being applied to the XRP Ledger’s upcoming lending protocol has already uncovered complex edge cases that standard testing procedures failed to detect. Ripple is working alongside blockchain security firm Common Prefix on the effort. Together, the teams construct an abstract model of the protocol and continuously compare it against the C++ implementation of xrpld — the XRP Ledger’s server software — using a verification framework built to catch discrepancies and potential vulnerabilities before…

Bitcoin At A Discount? Coinbase Says Institutions And Govts Are Buying

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Coinbase’s head of institutional strategy, John D’Agostino, says large investors are not retreating from Bitcoin’s latest selloff, even after the asset fell below $60,000 for the first time since October 2024. Speaking on CNBC’s Squawk Box on June 8, D’Agostino said institutional investors, family offices and sovereign-linked buyers are treating the drawdown as an opportunity to accumulate rather than a reason to exit. The remarks came during a discussion about whether Bitcoin’s decline toward the $59,000 area could hold as support, with CNBC’s Joe Kernen noting concerns that a deeper…

Bitcoin Near $63.5K Is Hovering at What It Costs to Mine BTC, Leaving Miners at Break-Even

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Key Takeaways Bitcoin hit a 2026 low of $59,100 last Friday, sending its market cap below $1.2 trillion for the first time since Oct. 2024. Capriole’s Charles Edwards pegs bitcoin’s electrical-cost floor at $50,000 as spot prices test the production cost. Miner profitability has slumped to a 14-month low, pushing weaker rigs toward shutdown territory. Miners Squeezed to the Break-Even Line The recent selloff has dragged bitcoin back to a price band that has historically marked long-term value. In an X post, Edwards, the founder of Capriole Investments, wrote that…

Bitcoin price stalls near $64K before key U.S. inflation data

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Bitcoin recovered from last week’s fall toward $59,000 and briefly tested $64,156.  Summary Bitcoin holds above $62,000, but weak demand leaves the recovery vulnerable before key inflation data. An oversold RSI supports a relief bounce, while $64,200 remains the first major resistance level. Losing weekly support could expose $59,100, while some analysts see deeper downside toward $50,000 next. However, the rebound has not changed the wider downtrend. Bitcoin traded near $63,200 at the time of writing, according to crypto.news price data. The market now faces two tests. Traders want stronger…