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blockonomi.com Bitcoin Whale Capitulation and Rising Exchange Inflows Point to Final Bear Market Flush

TLDR: Binance BTC inflows from 100–10,000 BTC wallets spiked sharply as Bitcoin’s price declined in June. Short- and long-term whales collectively locked in over $2.5 billion in realized losses recently. Short-term whales hold roughly $16 billion in unrealized losses after a brief May recovery reversed. CryptoQuant’s MorenoDV links capitulating whales and exchange inflows to late-stage [...] The post Bitcoin Whale Capitulation and Rising Exchange Inflows Point to Final Bear Market Flush appeared first on Blockonomi.

cryptopotato.com Ethereum Price Prediction: How Close Is ETH to a Sub-$1.5K Breakdown?

Ethereum remains under significant selling pressure after losing a major support area and extending its decline toward the lower boundary of its broader trading range. While buyers have managed to defend the range lows for now, the market structure continues to favor the bears unless ETH can reclaim several key resistance levels overhead. Ethereum Price […]

bitcoinist.com Analyst Reveals Why They Dumped Their XRP, But It’s Not The End

Over the last year, the XRP value has declined by almost 50%, erasing the majority of the gains that were realized from the 2024 rally. As time has gone on, the sentiment surrounding the altcoin has continued to decline, with many investors lamenting this poor performance. Recently, one XRP investor revealed that they had dumped […]

news.bitcoin.com ‘De-Worsified, Not Diversified’: Robert Kiyosaki Warns Investors on a Hidden Risk

Robert Kiyosaki says most people who think they are diversified are actually “de-worsified,” holding a pile of assets that all sink together when markets turn. Word Play With a Warning Robert Kiyosaki, the author of the best-selling personal finance book “Rich Dad Poor Dad,” is recasting a familiar piece of investing advice. In a post […]

blockonomi.com Kalshi Opens XRP Perpetual Futures to Regulated U.S. Market

TLDR: XRP perpetual futures are now live on Kalshi for regulated U.S. traders. XRPPERP gives traders leveraged XRP exposure without directly holding the token. Kalshi uses CF Benchmarks pricing to support XRP funding and settlement. The launch expands Kalshi’s crypto derivatives market beyond Bitcoin and Ethereum. XRP perpetual futures have started trading on Kalshi, giving [...] The post Kalshi Opens XRP Perpetual Futures to Regulated U.S. Market appeared first on Blockonomi.

forklog.media Tax Proposals for Digital Assets Spark Debate in Congress

The U.S. House of Representatives' tax committee held hearings on a package of initiatives concerning the taxation of digital assets. Lawmakers discussed six bills, one draft project, and an amendment to two initiatives. The package addresses tax reporting for small transactions, mining and staking, donations in digital assets, voluntary disclosure of violations, and the application of anti-abuse rules to the market. According to The Block, the hearings revealed disagreements over the timeline for advancing the initiatives. Republicans emphasize the need for clear rules, while some Democrats pointed out the risks of abuse, including the deferral of taxation on mining and staking income.

news.bitcoin.com XRP Slips Toward $1.10 as Ripple Taps RLUSD to Fund Safe Water for Millions

XRP is trading on shaky ground near $1.11 as a fresh selloff threatens to drag it under $1.10, even as Ripple puts its RLUSD stablecoin to work funding clean-water access for millions of people. A Price on Shaky Ground XRP has slipped into a precarious technical setup, breaking below a bullish trendline support at $1.1620 […]

forklog.media Wintermute Highlights Weak Capital Inflow into Bitcoin

Following Bitcoin's drop below $62,000, there are no signs of capital returning to digital assets. Analysts at Wintermute linked the correction to institutional sales and outflows from ETFs. Source: X/Wintermute. Over the week, Bitcoin lost about 14% and fell to the lows of September 2024. Experts do not consider the current position of the asset to be a confirmed market bottom. In their view, a reversal requires sustained buying pressure. Wintermute also mentioned the sale of 32 BTC by Strategy between May 26 and 31. The company described this volume as insignificant but noted the symbolic significance of the transaction — it was the firm's first Bitcoin sale since 2022. According to analysts, the main market pressure is due to weakened demand. After May 30, US spot Bitcoin ETFs showed 10 consecutive sessions of net outflows, with cumulative net losses during this period amounting to about $2.97 billion. The total outflow for May reached $2.43 billion — the worst monthly figure of 2026. Wintermute also referred to data from its own OTC terminal: retail investors have recently been net sellers, shifting to stocks. American institutions have taken a bearish stance in recent days, while flows in Asia and Europe remained balanced. Analysts noted the weak technical support in the $50,000–$59,000 range, as Bitcoin quickly moved through this zone during its rise in 2024. The company added that some long-term capital is gradually building positions at current levels, but for a confirmed reversal, the market needs a return of sustained inflows.

forklog.media Reuters: SpaceX IPO Demand Surpasses $250 Billion

Demand for Elon Musk's SpaceX IPO has exceeded $250 billion, reaching nearly four times oversubscription, according to Reuters, citing its sources. The company plans to raise about $75 billion by offering 555 million Class A shares at $135 each. Agency sources stated that the current level of oversubscription is 3.5-4 times the planned deal size. Reuters emphasized that these figures reflect indicative interest from institutional investors, including large orders from long-term funds, and may change. Musk participated in several Zoom meetings with potential buyers, one of the agency's sources noted. SpaceX continues its marketing efforts. Company President Gwynne Shotwell and CFO Bret Johnsen, according to sources, are expected to attend a luncheon for institutional investors at Morgan Stanley's Manhattan office, organized by the bank's co-president Dan Simkovic. The offering occurs amid extreme market volatility. On June 10, the Nasdaq Composite traded down after its largest one-day drop in over a year, while Bitcoin fell 2.8%, sitting 37% below its January peak. Some analysts suggested that one factor in the market's decline could be asset sales by buyers freeing up liquidity to participate in the SpaceX IPO. In May, SpaceX filed a public IPO application with the SEC. According to the S-1 form, as of March 31, the firm held 18,712 BTC, acquired for $661 million.

forklog.media Glassnode Detects Signs of Capitulation Among XRP Holders

According to Glassnode, XRP holders are increasingly selling the asset at a loss. The 90-day average realized profit-to-loss ratio has dropped to 0.38, meaning for every $1 of losses, there is only $0.38 of profit, reports CoinDesk. At its peak in 2025, the ratio reached 50. Glassnode estimates that a drop below 1 indicates a dominance of loss-making sales and signs of market participant capitulation. At the time of publication, XRP was trading around $1.11, down nearly 40% since the beginning of the year and significantly below the July high of over $3.60.

bitcoinist.com Japan’s SBI Bank Expands Crypto Push With BTC, ETH, XRP Rewards Program For Depositors

The banking arm of Japanese financial giant SBI Holdings is reportedly launching a crypto rewards program for depositors as part of a broader push to expand its digital assets business. Related Reading: ‘Time For CLARITY Act’: Over 200 Crypto Organizations Push For Senate Vote SBI Shinsei Launches BTC, ETH, XRP Rewards SBI Shinsei Bank, the […]

cryptobriefing.com Suez Canal oil tanker crossings surge nearly 30% in April as Hormuz crisis reshapes global shipping

The shift in oil tanker routes to the Suez Canal highlights vulnerabilities in global energy logistics, impacting commodity prices and inflation. The post Suez Canal oil tanker crossings surge nearly 30% in April as Hormuz crisis reshapes global shipping appeared first on Crypto Briefing.

cryptobriefing.com UK government takes stakes in Kraken, Wayve, and Oxford Quantum Circuits to retain high-growth startups

The UK's strategic investments in tech startups could bolster domestic innovation, but inconsistent support may deter broader investor confidence. The post UK government takes stakes in Kraken, Wayve, and Oxford Quantum Circuits to retain high-growth startups appeared first on Crypto Briefing.

forklog.media Quantum X Labs and IQCC to Test AI Decoder

Quantum X Labs announced a partnership with IQCC, a research platform of Quantum Machines. The parties plan to evaluate an AI-based quantum error correction system in an integrated software-hardware environment, according to a press release. The key element of the project will be the Deep Transformer Decoder—an algorithm designed to analyze measurement data on potential errors in the quantum system and select corrective actions. Such decoders are considered crucial for future fault-tolerant quantum computers. What Will Be Tested Quantum X Labs will test the AI decoder on the quantum control infrastructure of Quantum Machines. IQCC will provide access to its systems, including the OPX1000 real-time controller. The trials aim to demonstrate the suitability of the development for future quantum error correction processes. The parties did not disclose timelines, technical metrics, financial terms, or success criteria for the tests. Nir Sharon, Head of Quantum Technologies at Quantum X Labs, described the collaboration as a step towards testing the decoder on real quantum equipment data. According to him, IQCC's infrastructure will allow the technology to be evaluated in conditions close to practical application. Nir Alfasi, General Manager of IQCC, noted that quantum error correction remains one of the key challenges on the path to large-scale quantum computing. Why a Decoder is Needed Qubits are sensitive to noise and quickly accumulate errors. To build a fault-tolerant quantum computer, the system must be taught to detect them and quickly determine how to fix them. Additional measurements are used for this purpose: they do not show the quantum state directly but indicate possible errors. The decoder analyzes this data and decides which corrections the system should apply. The challenge is that decisions need to be made very quickly. If processing takes too long, errors continue to accumulate, and the computation loses reliability. Therefore, not only algorithms but also low latency between the quantum processor, classical computations, and the control system are important for correction. Why IQCC The Israeli Quantum Computing Center was opened in June 2024 at Tel Aviv University with support from the Israel Innovation Authority. The center is designed as a platform for testing quantum processors, algorithms, and control systems. According to Quantum Machines, IQCC integrates several types of quantum computers, classical computing resources, and cloud access. The center also utilizes the OPX1000—a controller designed for scaling and real-time processing tasks. Previously, Quantum X Labs announced work on an error correction decoder based on transformer architecture. In May, the company stated that it had integrated Google's public Quantum AI dataset into its Error Correction Transformer and also announced a neutral atom platform with over 50 physical qubits. No independent test results are available yet. In May, it was reported that machine learning is already being used to optimize error correction—one of the main barriers to creating scalable quantum computers.

cryptopotato.com World Cup 2026 Prediction Markets Now Live on Whale.io with $90K in Prizes

[PRESS RELEASE – Mahe, Seychelles, June 10th, 2026] Whale.io has launched native Prediction Markets for the 2026 World Cup, giving players direct access to match betting backed by a combined $90,000 prize pool – including a $40,000 USDT raffle and five weeks of $10,000 weekly sports tournaments. Whale.io is giving users the chance to turn […]

bitcoinist.com Trump’s Crypto Deals May Have Increased The Family Fortune By $2 Billion—At Investors’ Expense

A new investigation by Reuters alleges that the Trump family has generated $2.3 billion from its four main crypto ventures, while investors in those projects have absorbed losses of a similar magnitude, amounting to roughly $2.3 billion, including paper losses, by the end of April.  World Liberty Sales The investigation describes World Liberty Financial’s token […]

news.bitcoin.com Bitcoin Trades Near $61,300 After Worst Week Since FTX Collapse Wipes $390 Billion From Crypto

Bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value. A Drawdown Not Seen Since 2022 Bitcoin closed out one of its ugliest stretches in years, dropping about 17.3% while ether fell roughly 22%, the largest weekly declines […]

cryptobriefing.com UAE condemns Iranian attacks on Bahrain, Kuwait, and Jordan as crypto markets lose $700M in hours

Geopolitical tensions heighten market volatility, impacting investor sentiment and potentially influencing central bank policies amid inflation concerns. The post UAE condemns Iranian attacks on Bahrain, Kuwait, and Jordan as crypto markets lose $700M in hours appeared first on Crypto Briefing.

forklog.media Sandstone Secures $30 Million for AI Platform

Startup Sandstone has raised $30 million in a Series A round led by Lightspeed Venture Partners. The funds will be used to support corporate clients, hire staff, and develop a community of in-house lawyers. Sandstone is developing an AI platform for in-house legal departments: it assists in gathering requests from Slack, email, and Jira, distributing tasks, and initiating processes for document preparation, review, and legal analysis.