Cryptocurrency prices are broadly rising on Thursday, following an overstretched downtrend.

Citigroup officially unveiled a product called Digital Depositary Receipts today, created to give its affluent and institutional clients a way to buy into private companies through blockchain-recorded securities issued and governed by the bank. Citi is betting on this launch of a tokenized securities product for private companies cracking open a private market that has...

The South Korean police have formally named Bithumb CEO Lee Jae-won as a suspect in their ongoing bribery investigation, mentioning that the CEO hired the son of an independent lawmaker as a political favor. The development is part of a series of charges and fines aimed at the exchange, leaving it managing one crisis after...

Earlier today, Nakamoto Inc. (Nasdaq: NAKA) delivered news of its sale of roughly 600 Bitcoins and related derivative positions to attend to a $45 million Kraken loan.  That news could not have been timed worse, as it becomes yet another headline of a publicly traded Bitcoin treasury firm being forced to offload some of its...

An unknown address on Wednesday withdrew around 1% of all the ZEC in Zcash’s shielded Orchard pool. This comes six days after ZEC started rallying following a 38% decline that was caused by the discovery of a long-time vulnerability in the privacy pool itself. It led to speculation over who controls the large balances in...

Meta has completed an operational split from Manus, the agentic AI startup it bought for $2 billion barely six months ago.  The forced reversal of the deal was ordered by Chinese regulators in April, who claim that foreign investment and technology export rules were violated. How did Beijing force a deal reversal between Meta and...

Bitcoin (BTC) steadies its recovery on Thursday, edging higher toward $63,000 despite incessant capital outflows. Meanwhile, altcoins, including Ethereum (ETH) and Ripple (XRP), exhibit subtle rebound signs, trading above $1,650 and $1.12, respectively.

Cecabank, a Spanish wholesale custodian that reported more €400 billion in assets under management (AUM) to start 2026, disclosed earlier today that its cryptocurrency custody services have gone live. The service arrived via a partnership with the Bit2Me crypto exchange.  With the launch, Cecabank joins a growing list of traditional European custodian banks that have...

Japan’s Lower House approved a bill on Thursday (June 11) to reclassify cryptos as financial products. This will lead to a cut in the tax rate for capital gains on coins, including Bitcoin and Ether, down from a high of 55% to just 20%, and open doors for crypto ETFs in the fourth-largest economy globally....

AI agent crypto trading refers to autonomous systems that can analyze markets, make decisions, interact with wallets, and execute transactions without constant human input. Unlike traditional trading bots, AI agents operate across the full trading workflow, from interpreting signals to routing orders on-chain, and their operations are beginning to take impressive proportions – they settled...

Pi Network (PI) edges higher on Thursday after three days of consecutive losses earlier this week, extending the prevailing downtrend since late April.  The scheduled unlocking of 16 million PI tokens on Thursday could add pressure to the intraday recovery.

Anthropic apologized and withdrew the policy that would have secretly restricted Claude Fable 5’s performance for AI developers. Scientists cautioned that the restrictive policy could make the advanced functionalities of AI accessible to a select few companies, hindering the growth of science globally. The decision by Anthropic, which came on June 10, has implications far...

The amount of Ethereum sitting on exchanges just hit its lowest record on paper of 14.5 million ETH according to data from CryptoQuant. When looking at the data, it is clear that there is a clear starting point as to when ETH exchange balances started falling off a cliff. Reserves broke to the downside pretty...

The gold futures on the Shanghai Futures Exchange declined more than 4% at the start of trading on June 11, taking the price of silver down along with it, while the rest of China’s energy and industrial commodity futures continued to increase in price.  There is a rising conflict in the commodity markets between raising...

Hyperliquid (HYPE) rebounds slightly, trading above $55 on Thursday after finding support around the key support zone the previous day. Improving derivatives metrics, along with a constructive technical outlook, suggest a near-term recovery.

Dogecoin (DOGE) is trading in the green at around $0.08500 at press time on Thursday, edging up over 2% despite broader market risk-off sentiment.

Osaka Exchange (OSE) has announced the launch of Bitcoin futures by 2028, as reported by Nikkei Financial. This development will enable institutional investors in Japan to have access to a legitimate hedging platform, and also position its third-largest stock market globally for participation in the crypto derivatives race. Akira Tagaya, OSE President, said that the...

Ripple (XRP) and Stellar (XLM) show mild signs of recovery on Thursday after extending losses earlier this week. XRP is holding above the $1.10 level as bearish momentum begins to fade, while XLM has bounced modestly from a key support zone.

The broader cryptocurrency market maintains risk-off sentiment as Bitcoin lingers above $62,000 at press time on Thursday. The mild recovery in BTC fails to lift the Fear and Greed Index, which at 15 continues to signal extreme fear among investors.

PiggyBank, a DeFi yield protocol, has admitted that a basis trading strategy involving LAB tokens ended up costing depositors after market manipulation broke the trade. The protocol now expects a roughly 15% drawdown in its USDC vault, with smaller declines in its SPYx and JitoSOL products. A drawdown report by the project was released on...

The U.S. government liquidated $216,000 of cryptocurrencies taken from FTX/Alameda on June 10, adding to roughly $984,000 of crypto asset transfers that day, according to the Onchain Lens blockchain monitor. The transfers continue a months-long pattern in which the U.S. government has funneled millions in forfeited crypto into exchanges. The U.S. government keeps sending seized...

Bitcoin's (BTC) recent decline toward the $60,000 level has pushed the market further into bearish territory, with new investors suffering huge unrealized losses, according to a Glassnode report on Wednesday.

The Commodity Futures Trading Commission (CFTC) on Wednesday proposed amendments to Regulation 40.11, seeking to establish a formal framework for reviewing prediction market contracts.

The Coinbase-backed advocacy group Stand With Crypto UK has instructed its 286,000 members to file formal complaints with their banks over blanket restrictions on payments to cryptocurrency exchanges.  Banks in the UK are restricting or outright denying service to cryptocurrency exchanges and users, despite building internal digital asset teams, leading to questions about the intent...

Ethereum Active Addresses have maintained a downtrend since declining from peak levels in early February. The 14-day moving average of the metric shows that unique on-chain participation has been contracting MoM since the sharp decline in February.

A hacker has exploited a vulnerability in Raydium’s legacy AMM V3 program, draining approximately $1.34 million from five liquidity pools that had been deprecated since 2021.  The Raydium team confirmed it was aware of the unauthorized liquidity removal and committed to covering losses. The attack targeted code that the Solana-based decentralized exchange phased out five...

Today, June 10, 2026, the Commodity Futures Trading Commission (CFTC) introduced its first proposed framework for prediction markets to determine which event contracts are in the public interest and those that violate federal law.  This move comes after President Donald Trump recently stated that it’s “critically important” that the CFTC holds exclusive oversight of the...

U.S consumer prices reached their highest in three years last month. While the Middle East war continues, the new CPI has put further pressure on Fed already amidst its major leadership change. In the last 12 months, the CPI went up by 4.2% through May, the largest jump since 2023. The most affected category is...

Sen. Elizabeth Warren (D-Mass.), in yet another attack on big tech, has called on the SEC to delay SpaceX’s planned initial public offering.  Wall Street was already having arguments over whether or not a $1.75 trillion price tag can be justified, and now Senator Warren has intervened just days before SpaceX is set to begin...

Global card payments giant, Mastercard, has on Tuesday unveiled the Agent Pay for Machines (AP4M) protocol that allows AI agents to send and settle payments, including microtransactions costing less than a cent, across the card network’s global infrastructure. More than 30 companies have signed on as early partners, a list that includes Stripe, Coinbase, Cloudflare,...