China’s factory-gate inflation hits nearly 4-year high in May as commodity prices surge
Rising factory-gate inflation in China may reverse global deflationary trends, impacting central banks' inflation control efforts worldwide. The post China’s factory-gate inflation hits nearly 4-year high in May as commodity prices surge appeared first on Crypto Briefing.
Qatari negotiators in Tehran to finalize US-Iran ceasefire deal
The potential US-Iran ceasefire could reshape geopolitical dynamics, influencing global markets and diplomatic relations significantly. The post Qatari negotiators in Tehran to finalize US-Iran ceasefire deal appeared first on Crypto Briefing.
Bitcoin price odds drop ahead of US CPI release
Market sentiment reflects heightened risk aversion and potential volatility in crypto prices amid economic and geopolitical uncertainties. The post Bitcoin price odds drop ahead of US CPI release appeared first on Crypto Briefing.
Fidelity ETF clients buy $29M in ETH this week, highest since April
Increased inflows into Fidelity's ETH ETF highlight shifting investor focus towards Ethereum, indicating potential market confidence in its growth. The post Fidelity ETF clients buy $29M in ETH this week, highest since April appeared first on Crypto Briefing.
Iran reports 20,000 people without water after US strikes hit reservoir tanks
The strikes exacerbate Iran's existing water crisis, highlighting the vulnerability of civilian infrastructure amid escalating conflicts. The post Iran reports 20,000 people without water after US strikes hit reservoir tanks appeared first on Crypto Briefing.
DXY Compression Between 97.5 and 100 Holds Risk Assets Hostage as Breakout Decision Looms
TLDR: The DXY has held between 97.5 and 100 since March 2025, preventing any durable risk-on trend. Bitcoin, gold, oil, and emerging markets each led briefly but failed to sustain broad participation. A DXY breakout higher would pressure most risk assets simultaneously through dollar tightening. A DXY move lower could finally trigger a broad risk-on [...] The post DXY Compression Between 97.5 and 100 Holds Risk Assets Hostage as Breakout Decision Looms appeared first on Blockonomi.
Botanix to shut down after 4 years, cites weak demand for Bitcoin DeFi
The Spiderchain developer told users to withdraw assets by July 9 after concluding demand for Bitcoin-native DeFi was not sufficient to support the network.
Binance launches bStocks with 24/7 trading for tokenized U.S. equities
Binance has launched its first batch of tokenized U.S. stocks, allowing users to convert eligible equities into on-chain assets that can trade around the clock. According to Binance’s official announcement, the exchange has introduced bStocks, a product backed 1:1 by…
Pi Network News and PI Price Update Today: June 10
The community is excited about Pi2Day but the team warned that the next major update could also face some delays.
Japan's Largest Marketplace Lists Shiba Inu (SHIB) and Dogecoin for 23 Million Users
Mercari lists Shiba Inu and Dogecoin, enabling 4 million crypto accounts to buy meme coins with second-hand sales proceeds from 1 yen.
Instant Payments, Faster Withdrawals, and the Fintech Race in Online Gambling
The exponential surge in the iGaming industry reflects the faster pace of life and the expectations that come with it. This means that bettors want their cash instantly as they seek a frictionless experience. In some ways, the funnel of funds is becoming just as important as the library of games. In a growing gaming [...] The post Instant Payments, Faster Withdrawals, and the Fintech Race in Online Gambling appeared first on Blockonomi.
Paranovus (PAVS) Stock Surges 20% Following $195M ATM Offering Filing — Investors Face Dilution Concerns
Paranovus (PAVS) stock surges 20% after filing $195M ATM offering. Market cap under $2M raises dilution concerns for existing shareholders. The post Paranovus (PAVS) Stock Surges 20% Following $195M ATM Offering Filing — Investors Face Dilution Concerns appeared first on Blockonomi.
Nestlé (NESN) Stock Surges 6% as CEO Navratil’s Turnaround Strategy Shows Early Progress
Nestlé (NESN) stock jumps 6% as CEO Navratil implements major restructuring. Analysis of job cuts, growth targets, and risks facing the Swiss food giant. The post Nestlé (NESN) Stock Surges 6% as CEO Navratil’s Turnaround Strategy Shows Early Progress appeared first on Blockonomi.
Hyperliquid price nears head-and-shoulders breakdown, risks drop below $40
Hyperliquid price has slipped toward a critical support zone as a developing head-and-shoulders pattern threatens to trigger a decline below $40. According to data from crypto.news, Hyperliquid (HYPE) price has fallen more than 26% from its June 2 all-time high…
Can Solana price reach $77 as RWA value hits $2.7B ATH?
Solana’s RWA value reaches $2.7B as SOL trades around $63, while a TD buy signal targets $77 despite weak momentum and fresh treasury sales.
Cardano Founder Hoskinson Accused Of Selling 1.5 Billion ADA In 2021 Rally
Cardano founder Charles Hoskinson is facing a new round of allegations after NFT creator Masato Alexander published additional on-chain tracing work tied to large ADA movements during the 2021 market rally. The claims add another layer to an already contentious debate over Cardano’s early allocation history, governance structure, and voucher redemption process. Large Cardano Flows […]
Cyera secures $600M to expand AI security trust platform
Cyera's rapid growth underscores the increasing demand for robust AI security solutions, highlighting the critical need for data protection in AI-driven enterprises. The post Cyera secures $600M to expand AI security trust platform appeared first on Crypto Briefing.
California becomes the epicenter of the 2026 FIFA World Cup, and crypto is coming along for the ride
California's World Cup hosting boosts crypto adoption, potentially increasing blockchain usage and market activity through FIFA partnerships. The post California becomes the epicenter of the 2026 FIFA World Cup, and crypto is coming along for the ride appeared first on Crypto Briefing.
China’s AI spending lags behind the US by a staggering margin, says ‘Chip War’ author Chris Miller
China's AI underinvestment may hinder its tech sector's global competitiveness, while US and Taiwan's lead strengthens their market dominance. The post China’s AI spending lags behind the US by a staggering margin, says ‘Chip War’ author Chris Miller appeared first on Crypto Briefing.
Qatari negotiators travel to Tehran to finalize US-Iran agreement, and crypto markets are watching closely
The potential US-Iran agreement could significantly impact global oil flow and crypto market volatility, highlighting geopolitical influence on digital assets. The post Qatari negotiators travel to Tehran to finalize US-Iran agreement, and crypto markets are watching closely appeared first on Crypto Briefing.
Meta Leases Data Center Capacity from Reliance in India for AI Development
Meta Corporation has signed an agreement with conglomerate Reliance Industries to lease computing capacity at a new artificial intelligence data center in Jamnagar, Gujarat, India. Initially, the facility will have a capacity of 168 MW. Reliance will manage the entire process, from design and construction to providing renewable energy, connectivity, and operations. Meta will lease this capacity with the option for future expansion. The site is planned to be powered by renewable energy, and desalinated seawater will be used for cooling the equipment. Meta will cover all electricity and water supply costs for its operations at the data center independently. The facility could be operational within two years. Mark Zuckerberg's company aims to integrate it into its global AI infrastructure to serve one of the fastest-growing markets. Simultaneously, Meta announced contracts for nearly 1 GW of new renewable energy capacity in India through partnerships with CleanMax and Fourth Partner Energy. These volumes are intended to supplement the energy supply for the Jamnagar site. The deal deepens the companies' long-standing partnership. In 2020, Meta invested $5.7 billion in Jio Platforms, after which the parties expanded their collaboration into digital services and corporate artificial intelligence. In April 2026, Meta began collecting data on employee actions to train AI agents.
Futures Tumble Ahead of Crucial Inflation Report Amid Middle East Conflict
Nasdaq futures drop 1.4% as US-Iran conflict intensifies and investors await May CPI inflation data. Bitcoin falls 2.4% amid risk-off sentiment. The post Futures Tumble Ahead of Crucial Inflation Report Amid Middle East Conflict appeared first on Blockonomi.
Oil prices and Treasury yields surge after Trump toughens stance on Iran, dragging Bitcoin lower
Geopolitical tensions heighten market volatility, impacting oil, bonds, and digital assets, underscoring interconnected global economic risks. The post Oil prices and Treasury yields surge after Trump toughens stance on Iran, dragging Bitcoin lower appeared first on Crypto Briefing.
New Windows zero-day exploit RoguePlanet targets Microsoft Defender on fully patched systems
The rapid release of zero-day exploits highlights vulnerabilities in Microsoft's patching cycle, urging enhanced security measures for Windows users. The post New Windows zero-day exploit RoguePlanet targets Microsoft Defender on fully patched systems appeared first on Crypto Briefing.
Iran’s IRGC releases missile strike footage targeting US bases as crypto markets shrug off escalation
The IRGC's actions highlight ongoing geopolitical tensions, yet the crypto market's stability suggests a growing resilience to such conflicts. The post Iran’s IRGC releases missile strike footage targeting US bases as crypto markets shrug off escalation appeared first on Crypto Briefing.
Sen. Tom Cotton urges DOJ to investigate Chinese influence on US AI infrastructure
Increased scrutiny on foreign influence in AI infrastructure could reshape US tech policies, impacting global AI and crypto power dynamics. The post Sen. Tom Cotton urges DOJ to investigate Chinese influence on US AI infrastructure appeared first on Crypto Briefing.
Elliot Anderson nears record transfer as he rises from League Two
Anderson's potential record transfer underscores the growing financial and technological complexities in modern football markets. The post Elliot Anderson nears record transfer as he rises from League Two appeared first on Crypto Briefing.
EU consults on bringing DeFi, prediction markets, and crypto perps under MiCA
The EU's MiCA expansion could reshape DeFi and crypto markets, impacting innovation, regulatory compliance, and market dynamics globally. The post EU consults on bringing DeFi, prediction markets, and crypto perps under MiCA appeared first on Crypto Briefing.
Oil prices and Treasury yields rise after Trump toughens Iran stance
Geopolitical tensions may drive inflation, impacting monetary policy and reducing the likelihood of future Fed rate cuts. The post Oil prices and Treasury yields rise after Trump toughens Iran stance appeared first on Crypto Briefing.
Ukraine strikes military plant deep inside Russia with domestically built cruise missiles
Ukraine's strike on Russia's military plant signals a shift towards self-reliance, potentially altering geopolitical dynamics and military strategies. The post Ukraine strikes military plant deep inside Russia with domestically built cruise missiles appeared first on Crypto Briefing.
Team Vitality crowned final bosses of IEM Cologne Major 2026
Team Vitality's dominance in CS2 could solidify their legacy, influencing team strategies and sponsorship dynamics in esports. The post Team Vitality crowned final bosses of IEM Cologne Major 2026 appeared first on Crypto Briefing.
WH Smith warns on profit, seeks fresh capital amid Iran war impact
WH Smith's reliance on travel hubs highlights the vulnerability of businesses to geopolitical tensions, impacting investor confidence and financial stability. The post WH Smith warns on profit, seeks fresh capital amid Iran war impact appeared first on Crypto Briefing.
MTN finalizes spinoffs of Nigerian and Ugandan fintech operations for Mastercard investment
MTN's fintech spinoff, backed by Mastercard, highlights Africa's growing digital payment landscape, offering new investment and regulatory challenges. The post MTN finalizes spinoffs of Nigerian and Ugandan fintech operations for Mastercard investment appeared first on Crypto Briefing.
Trump signals readiness for strikes on Iranian infrastructure if deal delays
Geopolitical tensions over Iran's nuclear deal create market volatility, impacting crypto and traditional markets amid ongoing uncertainty. The post Trump signals readiness for strikes on Iranian infrastructure if deal delays appeared first on Crypto Briefing.
Tim Draper Claims Bitcoin is Safer Than a Bank Account
Investor Tim Draper stated that quantum computers will breach banks before they affect Bitcoin's blockchain. According to him, the leading cryptocurrency is currently safer than dollars in a bank account. He made these comments in response to concerns about the impact of quantum computing on cryptography.
South Korea Stocks Bleed as Margin Liquidations Peak
TLDR: South Korea’s KOSPI fell 13% in eight days, with two full circuit breakers triggered in a single week. The KOSPI 200 put-call ratio hit 2.5, its highest in five years, signaling heavy institutional hedging. Forced margin liquidations surged to a record 300 billion won, exposing millions of retail investors. Samsung and SK Hynix represent [...] The post South Korea Stocks Bleed as Margin Liquidations Peak appeared first on Blockonomi.
Botanix Bitcoin Layer 2 Network Ceases Operations Amid Insufficient User Activity
Botanix Labs is shutting down its Bitcoin Layer 2 network due to insufficient user demand and low fee revenue, asking users to withdraw assets by July 9. The post Botanix Bitcoin Layer 2 Network Ceases Operations Amid Insufficient User Activity appeared first on Blockonomi.
Trump seeks $1.5 trillion in military spending amid sweeping domestic budget cuts
Increased military spending could strain fiscal resources, impacting domestic programs and potentially creating volatility in financial markets. The post Trump seeks $1.5 trillion in military spending amid sweeping domestic budget cuts appeared first on Crypto Briefing.
FIFA denies inclusion-themed armbands at 2026 World Cup as eight stars advocate for LGBTQ rights
FIFA's stance may undermine its anti-discrimination efforts, highlighting a disconnect between policy and player advocacy on inclusion. The post FIFA denies inclusion-themed armbands at 2026 World Cup as eight stars advocate for LGBTQ rights appeared first on Crypto Briefing.
Singapore police confirm active arrest warrants for fugitive Jho Low
Jho Low's pursuit of a US pardon highlights the limits of jurisdictional clemency, underscoring ongoing international legal challenges. The post Singapore police confirm active arrest warrants for fugitive Jho Low appeared first on Crypto Briefing.
Credit Agricole CEO says AI won’t cut banking jobs, bucks industry trend
Crdit Agricole's AI strategy may redefine banking by prioritizing human-AI collaboration, potentially enhancing innovation and trust. The post Credit Agricole CEO says AI won’t cut banking jobs, bucks industry trend appeared first on Crypto Briefing.
Figure Technology Solutions acquires lending platform Kiavi for $717M
The acquisition could reshape the non-bank lending landscape, enhancing blockchain's role in real estate finance and boosting loan efficiency. The post Figure Technology Solutions acquires lending platform Kiavi for $717M appeared first on Crypto Briefing.
FIFA reveals 22 teenagers on official rosters for 2026 World Cup as Kraken locks in crypto sponsorship
The inclusion of young talent and crypto sponsorships in the 2026 World Cup highlights evolving dynamics in sports and digital finance. The post FIFA reveals 22 teenagers on official rosters for 2026 World Cup as Kraken locks in crypto sponsorship appeared first on Crypto Briefing.
China’s AI rollout demands expanded power generation and grid upgrades
China's AI expansion could strain global energy resources, impacting electricity prices and investment opportunities in power infrastructure. The post China’s AI rollout demands expanded power generation and grid upgrades appeared first on Crypto Briefing.
Humanity Protocol says attacker stole seven keys from one device
Humanity Protocol has identified a malware-infected developer machine as the source of the security breach that led to the theft and unauthorized minting of roughly 447 million H tokens across Ethereum and BNB Smart Chain. According to Humanity Protocol’s incident…
Ripple Whales Refusing to Sell? Why Declining Binance Inflows Could Boost XRP to $2
Although whales have been selling less XRP since 2025, the asset’s price has still retreated from the $3 region due to leverage liquidations and market weakness.
Russian Tax Bill on Cryptocurrency Passes First Reading
On June 9, the Russian State Duma approved in the first reading a bill on the taxation of cryptocurrency operations, reports TASS. The document aligns the Tax Code with the forthcoming law "On Digital Currency and Digital Rights." What Will Change The tax base for cryptocurrency transactions is proposed to be determined as the positive difference between income and documented expenses. The latter are planned to be calculated using the FIFO method. The bill also introduces the possibility of offsetting — balancing positive and negative financial results from operations with digital currency and foreign digital rights within a single tax period. Brokers, trust managers, and digital depositories will act as tax agents for PIT in such operations if they are the source of income payment to an individual. The State Duma Committee on Budget and Taxes suggested discussing the extension of these functions to exchanges for the second reading. For companies, income and expenses from operations with digital currency, excluding mining, under foreign trade agreements will be included in the general profit tax base. Foreign digital rights in this part are planned to be equated with cryptocurrencies. It is proposed to exempt the sale of non-deliverable foreign digital rights, which only certify monetary claims, from VAT. The exemption will also apply to the services of depositories and organizations conducting cryptocurrency exchanges. Periodic payments on debt DFA, not related to redemption, are proposed to be included in the profit tax base according to the rules for interest income on loans. For ruble-denominated debt DFA of Russian issuers traded on the organized market, a preferential rate is introduced similar to interest on bonds. Timeline The Russian government submitted the bill to the State Duma on April 29. If the document is finally adopted, it will come into force a month after official publication. The rules for market valuation of cryptocurrencies for miners are set to take effect on January 1, 2028, and a separate regime for debt DFA on January 1, 2030. Previously, the November 2024 version of the tax law proposed a PIT rate of 13-15%, as well as a 25% profit tax for legal entities. The basic project "On Digital Currency and Digital Rights" was approved in the first reading on April 21, 2026. ForkLog provided an in-depth analysis of its provisions in a podcast.
Defillama Adds Pre-IPO Perps for OpenAI, SpaceX, and Anthropic as Onchain AI Bets Heat Up
Defillama has begun tracking pre-IPO perpetual futures for Anthropic, OpenAI, SpaceX, and Quantinuum, as onchain traders are racing to bet on the year’s biggest private companies before they go public. Onchain Markets for Companies That Aren’t Public Yet Crypto data aggregator Defillama said it has added new pre-IPO perpetual futures markets spanning four closely watched […]
Matt Rife: Being uninformed can lead to happiness, why personal focus enhances well-being, and the ethical concerns of award shows | This Past Weekend
Matt Rife's interest in horror projects hints at a new direction beyond his comedy success. The post Matt Rife: Being uninformed can lead to happiness, why personal focus enhances well-being, and the ethical concerns of award shows | This Past Weekend appeared first on Crypto Briefing.
US inflation expectations rise with 13% pricing for 4.4% or higher rate
Rising inflation expectations may lead to tighter monetary policy, impacting market volatility, tech stocks, and bond yields significantly. The post US inflation expectations rise with 13% pricing for 4.4% or higher rate appeared first on Crypto Briefing.
SpaceX’s IPO expected to create 4,000 new millionaires, including cafeteria workers
SpaceX's IPO could significantly impact wealth distribution, local economies, and financial services, reshaping employee financial futures. The post SpaceX’s IPO expected to create 4,000 new millionaires, including cafeteria workers appeared first on Crypto Briefing.
Manchester United tells Andre Onana he can seek new club ahead of pre-season return
Manchester United's decision on Onana highlights the financial risks and potential losses clubs face with high-profile player investments. The post Manchester United tells Andre Onana he can seek new club ahead of pre-season return appeared first on Crypto Briefing.
Trump close to ordering strikes on Iranian power plants and bridges: Fox News
Potential strikes on Iranian infrastructure could escalate tensions, impacting diplomatic efforts and increasing war declaration concerns. The post Trump close to ordering strikes on Iranian power plants and bridges: Fox News appeared first on Crypto Briefing.
Real Madrid eyes Bernardo Silva as potential free-agent signing
Real Madrid's interest in Silva highlights strategic squad rebuilding, balancing immediate quality against long-term financial commitments. The post Real Madrid eyes Bernardo Silva as potential free-agent signing appeared first on Crypto Briefing.
Tech selloff deepens as traders brace for hot CPI report
The tech selloff and crypto volatility highlight market sensitivity to inflation data, potentially reshaping investment strategies for 2026. The post Tech selloff deepens as traders brace for hot CPI report appeared first on Crypto Briefing.
Amazon Cloud targets Meta’s laid-off talent to fill 160 open roles
AWS's strategic recruitment of Meta's AI talent could enhance its competitive edge in AI services, impacting the broader tech landscape. The post Amazon Cloud targets Meta’s laid-off talent to fill 160 open roles appeared first on Crypto Briefing.
Stellar (XLM) Short Death Cross Confirmed After 10% Decline, What to Expect?
Stellar (XLM)'s momentum waned after a 103% price surge at May's close.
Can XRP price rebound from $1.10 as Binance reserves fall?
XRP trades near $1.11 as RSI turns oversold, on-chain losses deepen, and falling Binance reserves offer a limited supply-side counterweight.
Manchester United’s summer transfer push puts spotlight on its Tezos partnership and fan token ecosystem
Manchester United's transfer activities highlight the challenges and potential instability in crypto partnerships and fan token ecosystems. The post Manchester United’s summer transfer push puts spotlight on its Tezos partnership and fan token ecosystem appeared first on Crypto Briefing.
Xbox rethinks console strategy, explores new business models amid RAM crisis
Microsoft's shift to service-based models amid RAM shortages could redefine console economics, emphasizing digital over physical sales. The post Xbox rethinks console strategy, explores new business models amid RAM crisis appeared first on Crypto Briefing.
Arab League condemns Iran’s missile and drone attacks on Kuwait, Bahrain, and Jordan
The attacks heighten regional instability, risking global oil supply disruptions and necessitating urgent diplomatic interventions to prevent escalation. The post Arab League condemns Iran’s missile and drone attacks on Kuwait, Bahrain, and Jordan appeared first on Crypto Briefing.
Proof of Talk 2026 draws 2,500 leaders to the Louvre for major digital asset announcements
The event highlights growing institutional interest in digital assets, signaling a shift towards mainstream adoption and regulatory challenges. The post Proof of Talk 2026 draws 2,500 leaders to the Louvre for major digital asset announcements appeared first on Crypto Briefing.
Newcastle United signs goalkeeper Ewen Jaouen from Stade de Reims in £24M deal
Newcastle's investment in young talent like Jaouen highlights their strategy for long-term success and sustainability in the Premier League. The post Newcastle United signs goalkeeper Ewen Jaouen from Stade de Reims in £24M deal appeared first on Crypto Briefing.
Indian gold prices fall below pre-duty-hike levels as global prices drag domestic markets lower
The duty hike's failure highlights the complexities of market interventions, risking increased smuggling and economic instability in India. The post Indian gold prices fall below pre-duty-hike levels as global prices drag domestic markets lower appeared first on Crypto Briefing.
Solana Hits $2.7 Billion All-Time High in RWA Distribution
Solana achieves a new milestone in its real-world asset market as major institutions like Blackrock, Securitize and more continue to choose the blockchain for tokenization.
Humanity Protocol Hack: How One Infected Device Handed an Attacker Seven Private Keys
TLDR: One compromised developer machine exposed seven private keys tied to Humanity Protocol’s infrastructure. The attacker drained 141M H from the ETH bridge and minted 300M H on BSC using stolen Safe owner keys. No smart contract bug was involved — every attacker action used legitimate, compromised private keys. The BSC H token remains unrecoverable [...] The post Humanity Protocol Hack: How One Infected Device Handed an Attacker Seven Private Keys appeared first on Blockonomi.
Ethereum price analysis after BitMine buys another 75,000 ETH
Ethereum price has dropped toward the $1,600 level despite reports that Tom Lee-backed BitMine acquired another 75,000 ETH worth roughly $123 million, as traders continue reducing risk ahead of the latest U.S. inflation data. According to market data, Ethereum (ETH)…
Maelstrom’s Bitcoin Grants Hit 20 Months — 5 Developers, 4 Active, Here’s What They’ve Accomplished
Maelstrom, the family office of BitMEX co-founder Arthur Hayes, has published its first annual report for its Bitcoin Grant Program — revealing that four active developers have collectively advanced Bitcoin’s privacy, security, and codebase resilience across a 20-month program that began in October 2024, with five developers supported in total since inception. Related Reading: Trump’s […]
Hands-on Review by Bitcoin.com: Exploring the CoinRabbit Crypto Ecosystem
Long-term crypto holders rarely want to sell. Whether it is Bitcoin, Ethereum, XRP, or other major digital assets, many investors view their holdings as long-term capital rather than short-term trading inventory. The challenge, however, is that markets move, opportunities emerge, and liquidity is still necessary. That creates a familiar balancing act across crypto: how do […]
Social Security trust fund expected to deplete by Q4 2032, one quarter sooner than last year’s forecast
The accelerated depletion of the Social Security trust fund underscores urgent fiscal challenges, potentially impacting retirement planning and economic stability. The post Social Security trust fund expected to deplete by Q4 2032, one quarter sooner than last year’s forecast appeared first on Crypto Briefing.
Italy misses World Cup 2026 qualification, shaking up Group B and sports betting markets
Italy's absence from World Cup 2026 highlights a shift in European football dynamics, challenging traditional powerhouses and altering betting landscapes. The post Italy misses World Cup 2026 qualification, shaking up Group B and sports betting markets appeared first on Crypto Briefing.
Pakistan launches air strikes in Afghanistan, reigniting tensions across the region
The escalation risks destabilizing regional security, straining Pakistan's economy, and impacting cross-border financial dynamics. The post Pakistan launches air strikes in Afghanistan, reigniting tensions across the region appeared first on Crypto Briefing.
Botanix Announces Gradual Shutdown of Bitcoin L2 Network
The Botanix team has announced a phased shutdown of its L2 network on Bitcoin, urging users to withdraw assets by July 9, 2026. It is with a heavy heart that we announce we are winding down the Botanix network.This decision is the hardest one we have made in four years, and we want to share the reasoning openly because the people who backed us, built with us, and used what we shipped deserve more than a…— Botanix 🕷️ (@botanix) June 9, 2026 The team explained the decision was due to weak demand for Bitcoin programmability. Developers assessed the market as immature: most DeFi sector users prefer the wrapped version of the first cryptocurrency on the Ethereum network, while on-chain activity is increasingly concentrated on major platforms like Hyperliquid and Robinhood. According to Botanix, users primarily view Bitcoin as a store of value rather than an asset for high-frequency trading. As a result, the network's commission revenues were insufficient to cover infrastructure costs. After July 9, assets remaining on the network will be controlled by the validator group Federation. Other funds not withdrawn by the deadline will be irretrievable. Botanix positioned itself as an EVM-compatible L2 solution for Bitcoin. The project launched its mainnet on July 1, 2025, promising to reduce block addition times from 10 minutes to five seconds and bring DeFi tools to the first cryptocurrency's ecosystem. In May 2024, Botanix Labs raised $8.5 million, bringing total funding to $11.5 million. The round included Polychain Capital, Placeholder Capital, Valor Equity Partners, and ABCDE. Earlier in the same year, analysts at Galaxy Digital suggested that by 2030, more than $47 billion in liquidity could transition to Bitcoin L2 solutions.
EU Proposes Sanctions Targeting Crypto Exchanges in New Package
The European Commission unveiled its 21st package of sanctions against Russia, encompassing measures in financial services, crypto assets, trade, and energy. The financial segment includes asset freezes for nearly 90 banks and a ban on transactions for more than 30 credit institutions in Russia and third countries. The package places particular emphasis on the crypto sector. For the first time, it proposes restrictions on 11 crypto platforms that the EU believes are facilitating sanctions evasion. European Commission President Ursula von der Leyen announced plans to create a mechanism for a complete ban on crypto services from third countries if they assist in lifting restrictions. The document also proposes freezing the current price cap on Russian oil at $44.1 per barrel for six months, along with restrictions against shadow fleets, traders, and refineries from third countries.Additionally, import restrictions will, for the first time, affect fish products and high-performance metal alloys critical for the defense and aerospace industries. The proposal is on the agenda for the EU member states' Committee of Permanent Representatives (Coreper II) meeting on June 10. Approval of the sanctions requires unanimous consent from all 27 member states. In January, the US first imposed sanctions on Bitcoin exchanges for links to Iran.
Not every crypto investor wants another trade, some are turning to SHRMiner for steady monthly income of $8,000
Investors seek alternatives to active trading as platforms like SHRMiner gain attention for long-term participation. For years, active trading has been one of the most common strategies in crypto. Buy the dip. Sell the rally. Watch the charts. Repeat. But…
20,000 people in Iran’s Hormozgan province lose drinking water after strikes
The destruction of water reservoirs in Hormozgan highlights the severe humanitarian risks and geopolitical tensions impacting civilian infrastructure. The post 20,000 people in Iran’s Hormozgan province lose drinking water after strikes appeared first on Crypto Briefing.
Shopee cuts hundreds of developer jobs as Sea pivots to artificial intelligence
Sea's AI pivot could enhance Shopee's efficiency and revenue but poses execution risks in diverse markets, impacting investor confidence. The post Shopee cuts hundreds of developer jobs as Sea pivots to artificial intelligence appeared first on Crypto Briefing.
UEFA reports Women’s Champions League reaches new audience benchmark with 164% viewership surge
The surge in viewership and engagement highlights the growing global demand for women's football, influencing future media rights negotiations. The post UEFA reports Women’s Champions League reaches new audience benchmark with 164% viewership surge appeared first on Crypto Briefing.
Her Game Too France launches anti-sexism scheme in bars for World Cup
The initiative could redefine public sports viewing by fostering inclusive environments, potentially influencing global standards for gender equality. The post Her Game Too France launches anti-sexism scheme in bars for World Cup appeared first on Crypto Briefing.
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.
Harbinger partners with In-Q-Tel to enter defense sector
Harbinger's shift to defense tech with In-Q-Tel could enhance US military capabilities, reflecting a trend of commercial tech entering defense. The post Harbinger partners with In-Q-Tel to enter defense sector appeared first on Crypto Briefing.
China Inc implements quiet layoffs as Beijing promotes AI adoption
China's quiet layoffs amid AI adoption highlight potential tensions between technological progress and employment stability, impacting economic growth. The post China Inc implements quiet layoffs as Beijing promotes AI adoption appeared first on Crypto Briefing.
80 Trillion Shiba Inu (SHIB) Threshold on Verge of Finally Being Destroyed
Shiba Inu is back to the critical threshold that many believe is the first piece of the puzzle that might lead to a breakthrough.
Bitcoin price falls below $61K as inflation risks mount before CPI
Bitcoin price has fallen below $61,000 on June 10 as traders cut risk exposure ahead of the latest U.S. inflation report, extending a selloff that has already pushed the crypto asset more than 50% below its October 2025 record high.…
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 […]
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 […]
‘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 […]
Crypto’s billion-dollar sports push has a glaring blind spot: the USMNT ahead of the World Cup
The USMNT's lack of crypto sponsorship highlights potential regulatory challenges and missed opportunities in a rapidly growing market. The post Crypto’s billion-dollar sports push has a glaring blind spot: the USMNT ahead of the World Cup appeared first on Crypto Briefing.
2026 World Cup beer prices may exceed £15 per cup as FIFA leans into crypto partnerships
Rising beer prices at the 2026 World Cup may drive fan discontent, while successful crypto integration could revolutionize event ticketing. The post 2026 World Cup beer prices may exceed £15 per cup as FIFA leans into crypto partnerships appeared first on Crypto Briefing.
Pakistan launches deadly air strikes in Afghanistan, escalating tensions in 2026 conflict
The escalating conflict disrupts regional trade, displaces populations, and threatens economic stability, impacting broader geopolitical dynamics. The post Pakistan launches deadly air strikes in Afghanistan, escalating tensions in 2026 conflict appeared first on Crypto Briefing.
South Korea clears $1.5 billion in dollar demand linked to SpaceX IPO
South Korea's effective management of dollar demand for SpaceX IPO highlights its financial resilience, stabilizing the won and investor confidence. The post South Korea clears $1.5 billion in dollar demand linked to SpaceX IPO appeared first on Crypto Briefing.
Tesla’s robotaxi fleet stuck at 59 vehicles nearly a year after launch
Tesla's slow robotaxi rollout highlights significant operational and technological hurdles, challenging its ambitious autonomous mobility goals. The post Tesla’s robotaxi fleet stuck at 59 vehicles nearly a year after launch appeared first on Crypto Briefing.
Nansen integrates Hyperliquid perps, turning its analytics dashboard into a trading terminal
Nansen's integration of trading into its analytics platform streamlines user experience but raises potential conflicts of interest and dependency risks. The post Nansen integrates Hyperliquid perps, turning its analytics dashboard into a trading terminal appeared first on Crypto Briefing.
Jordan’s Mohammad Abualnadi set for World Cup debut in 2026
Jordan's World Cup debut highlights the success of leveraging diaspora talent, potentially inspiring similar strategies in other nations. The post Jordan’s Mohammad Abualnadi set for World Cup debut in 2026 appeared first on Crypto Briefing.
Mega IPOs by privately held tech companies set to boost Europe’s tech stock sales
Europe's tech IPO surge could redefine its financial landscape, attracting global investors and potentially reshaping market valuations. The post Mega IPOs by privately held tech companies set to boost Europe’s tech stock sales appeared first on Crypto Briefing.
Bank of Japan Governor Kazuo Ueda hospitalized, will miss critical policy meeting
Ueda's absence may delay BOJ's rate hikes, prolonging global low-rate conditions and impacting risk asset markets and inflation management. The post Bank of Japan Governor Kazuo Ueda hospitalized, will miss critical policy meeting appeared first on Crypto Briefing.
ECB Poised for Rate Increase to 2.25% Amid Surging Energy Costs and Iran Tensions
ECB set to raise rates to 2.25% Thursday as euro zone inflation reaches 3.2%, driven by energy price surge and U.S.-Iran geopolitical tensions. The post ECB Poised for Rate Increase to 2.25% Amid Surging Energy Costs and Iran Tensions appeared first on Blockonomi.
Taiwan Semiconductor (TSM) Stock Dips Despite Record-Breaking May Revenue Performance
TSMC (TSM) stock dropped 2.2% despite reporting May 2026 revenue of $13.19B, up 30.1% YoY. Explore the numbers and insider activity behind the decline. The post Taiwan Semiconductor (TSM) Stock Dips Despite Record-Breaking May Revenue Performance appeared first on Blockonomi.
Solvay (SOLB) Stock Climbs 3% on Deutsche Bank Upgrade and Rare Earth Potential
Solvay (SOLB) stock surged 2.9% after Deutsche Bank upgraded to Hold, citing rare earth potential worth €100M in EBITDA. Learn more about the upgrade. The post Solvay (SOLB) Stock Climbs 3% on Deutsche Bank Upgrade and Rare Earth Potential appeared first on Blockonomi.
FIFA World Cup 2026 kicks off tomorrow with crypto front and center
The integration of crypto in the World Cup 2026 could accelerate digital currency adoption and reshape fan engagement in sports. The post FIFA World Cup 2026 kicks off tomorrow with crypto front and center appeared first on Crypto Briefing.
Netflix (NFLX) Stock Plunges 38% Yet Analysts Project 40% Rally Ahead
Netflix (NFLX) has fallen 38% from peak but Q1 beat, $25B buyback, and surging ad revenue drive Wall Street's bullish $115 target—40% upside potential. The post Netflix (NFLX) Stock Plunges 38% Yet Analysts Project 40% Rally Ahead appeared first on Blockonomi.