Category : Bitcoin.com

Bitcoin.com

Traders Eye $61K as Bitcoin’s Last Defense Before a Drop to the High $50Ks

At 8:30 a.m. EDT, bitcoin traded at $63,444 on June 4, 2026, with its relative strength index ( RSI) registering just 17 and all 14 tracked moving averages pointing lower, placing the $61,310 swing low at the center of every active trader’s attention...

Apple, Meta, SpaceX and Coinbase Join DOJ Operation, Shutting Down 1.4 Million Scam Accounts

The U.S. Justice Department said a joint public-private operation disrupted more than 1.4 million accounts linked to Southeast Asian scam networks. The effort also helped freeze more than $3.8 million in cryptocurrency tied to funds stolen from Ameri...

Premier League Gambling Ban Pushes Sponsors Down as Midnite Backs Relegated Wolves

Midnite will become Wolverhampton Wanderers’ front-of-shirt sponsor for the 2026/27 season, the club’s 150th, in a deal that shows British football’s gambling-sponsorship money is expected to flow down the pyramid as the Premier League’s voluntary fr...

Crypto Holders Avoid Israel’s Tax Program, Exposing Just $50.7M of Hidden Capital

Israel’s latest voluntary disclosure program is drawing little participation from crypto holders, with new data showing that only a small share of undeclared digital‑asset wealth is being reported. Broad Underperformance Across All Assets Israel’s pu...

Bitdeer Breaks Ground on 100 MW Alberta Site With on-Site Gas Power

Bitdeer (NASDAQ: BTDR) has started construction on a vertically integrated energy and computing facility in Alberta, advancing a project that reflects how bitcoin miners are increasingly pairing data centers with dedicated power generation as demand...

Bitmine Targets $300M in Preferred Stock to Stack More ETH, Yields 9.50%

Bitmine Immersion Technologies (NYSE: BMNR) announced plans Wednesday to raise $300 million through a new 9.50% Series A Perpetual Preferred Stock offering, its latest capital markets move to expand the world’s largest corporate ethereum treasury. Th...

Coinbase Ventures Invests in ENA as Ethena Scales USDe Beyond $1B

Coinbase Ventures has purchased ENA on the open market as Coinbase and Ethena prepare to launch new onchain finance and savings products. The partnership could bring Ethena’s products to Coinbase’s user base of more than 100 million people. Coinbase...

George Santos Hyped His State of the Union Seat, Then Bet He Wouldn’t Show

Former U.S. congressman George Santos publicly promised he would attend President Trump’s State of the Union address in February, then quietly bet on Kalshi that he would not, according to people familiar with his trades. The prediction market froze...

Community Clashes Over Strategy’s First Bitcoin Sale in 4 Years as MSTR Craters 7%

Strategy Inc. sold 32 bitcoin between May 26 and May 31 for roughly $2.5 million, its first disclosed net bitcoin disposal since December 2022, according to a June 1 Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). For the firs...

SEC Commissioner Challenges Blockchain Oversight Push That Could Shape Crypto Rules

SEC Commissioner Hester Peirce challenged broad oversight of blockchain infrastructure, arguing securities rules should not automatically reach neutral networks, open-source code, or noncustodial tools. Her remarks framed crypto regulation around con...

XRP Falls Sharply as Traders Brace for Deeper Crypto Sell-Off

XRP extended its decline, testing support near the $1.14 level, as heavy long liquidations, persistent selling pressure, and a series of lower highs reinforced the cryptocurrency’s bearish market structure. XRP Price Slides as Selling Pressure Intens...

Ripple Expands RLUSD Into Turkey as a $200B Crypto Market Signals Bigger Stablecoin Demand

RLUSD, Ripple’s USD-backed stablecoin, has launched in Turkey via local crypto platforms, giving enterprises regulated access to digital dollars. The rollout supports payments, liquidity, collateral management, and tokenization in a market with rough...

$1.2B Liquidated as Bitcoin Tests $62.5K Support Amid Sharp Crypto Selloff

Bitcoin hovered under the $63,000 mark late June 3 after a steep selloff erased more than $1.2 billion in leveraged crypto positions during the past 24 hours. Data from Coinglass shows total liquidations reached approximately $1.12 billion over the l...

Robert Kiyosaki Asks How Government Taking 40% of Your Money Still Ends up Trillions in Debt

Robert Kiyosaki questioned how a government that takes “40% of everyone’s money” can still accumulate massive debt. The Rich Dad Poor Dad author pointed to America’s growing debt burden, arguing that strong tax collections have not prevented Washingt...

160 National Security Veterans Back CLARITY Act as Senate Crypto Battle Reaches Critical Stage

Pressure over the CLARITY Act is rising as 160 former national security, intelligence, and law enforcement professionals back the crypto market structure bill. The Senate faces growing calls to advance rules tying digital asset oversight to national...

XRP Turns 14: Ripple CEO Calls It the ‘Honor of a Lifetime’ to Be Part of the XRP Family

XRP’s 14th anniversary renewed attention on Ripple’s strategy and the crypto’s long-running community support. The milestone comes as Mastercard’s settlement plans add fresh enterprise relevance to XRPL. XRP Anniversary Highlights Community Growth an...

Tether Backs $1M in Gold Rewards as First Gold-Backed Visa Card Goes Live

Tether and Fasset have launched what they describe as the world’s first gold-backed neobanking Visa card, giving users a way to spend fiat at merchants worldwide while accumulating tokenized gold through cashback and automatic round-ups. Gold Becomes...

XRP Drops to $1.188 YTD Low as Traders Absorb $14M Blow From Liquidation Wave

On June 3, XRP hit a new year-to-date low of $1.188 amid a broader crypto sell-off, down nearly 34% for the year, before stabilizing just under $1.22. XRP Hits New Year-to-Date Low On June 3, XRP dipped below $1.20 amid a market-wide sell-off that al...

Nineteen New AI Billionaires Worth $59.3 Billion. Will the Boom Make You Rich?

Nineteen new American AI billionaires now hold a combined $59.3 billion, a second wave following the founders of OpenAI, Anthropic and DeepSeek. The haul stems from specialized models powering startups such as OpenEvidence (100+ million medical consu...

Bitwise Model Shows Bitcoin Is Deeply Underpriced at $224K Fair Value Amid Debt Crisis

Bitcoin is currently trading roughly $150,000 below what Bitwise Europe’s sovereign default model says it is worth. That gap widened in May as the price climbed to $83,000 before $1 billion in exchange-traded product (ETP) outflows dragged it back to...

WSJ: Hyperliquid Has Become Wall Street’s Go-to Weekend and After-Hours Perps Venue

Hyperliquid is emerging as a key weekend and after-hours venue for Wall Street traders to trade perpetual futures, the Wall Street Journal reported, as round-the-clock onchain markets pull activity away from traditional exchanges. When the Markets Cl...

Bitcoin Fear Index Crashes to 11 as Traders Debate $50K Floor

The Crypto Fear and Greed Index plunged to 11 on June 3, 2026, one of the lowest sentiment readings in months, as bitcoin traded near $65,853 and traders publicly debated whether $50,000 is next. Fear Takes Over Bitcoin is down roughly 2 to 3% in the...

Bitcoin Drops 10% in 3 Days, Falls Below $66K as $500M Liquidation Wave Hits

Bitcoin fell sharply for a third straight day, sliding below $66,000 on Wednesday and wiping out all of its April gains. Bitcoin Erases April Gains Bitcoin’s downward slide continued on Wednesday as the cryptocurrency dipped below $66,000, erasing it...

UK FCA Flags Crypto Sponsorship Risks for Premier League Clubs

The UK Financial Conduct Authority has warned football clubs that sponsorship deals with unauthorised crypto and trading firms could expose them to legal and reputational risks. The regulator said clubs must do more to protect fans from potentially u...

Bitcoin Miners Hit $1.08B in May Revenue, Then Prices Pull the Floor Away

Bitcoin miners finally had something to celebrate, delivering their strongest revenue gain in four months as May lifted earnings beyond the $1 billion mark for the first time since January. Current revenue, however, has cooled considerably, with bitc...

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