Stellar (XLM)'s momentum waned after a 103% price surge at May's close.

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 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.

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.

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.

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'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.

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 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.

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 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, 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 […]

• #bitcoin

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 […]

• #bitcoin

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'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.

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.

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.

• #bitcoin

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.

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…

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.

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.

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.

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.

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.

• #bitcoin

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'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.

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 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.…

• #bitcoin

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 […]

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 […]

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 […]

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.

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.

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'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 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'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 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.

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.

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 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.

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 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.

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) 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.

Flare explores a LayerZero verifier network as speculation grows over a plan to bring FXRP into Cardano, though no integration is confirmed.

• #Cardano

ADA is now inches away from losing its spot in the top 20 alts by market cap.

• #Cardano

Geopolitical tensions between the US and Iran highlight the vulnerability of global markets, emphasizing the need for cautious investment strategies. The post Stocks slide after US and Iran trade fresh attacks, crypto markets follow suit appeared first on Crypto Briefing.

Sigma Healthcare (SIG) stock fell 5.5% after confirming talks to acquire Boots pharmacy chain in a deal potentially worth over $10 billion. The post Sigma Healthcare (SIG) Shares Slide 5.5% on $10B Boots Acquisition Talks appeared first on Blockonomi.

Nike (NKE) stock drops after RBC downgrades to Sector Perform with $50 target, citing slow turnaround progress and continued market share losses. The post Nike (NKE) Stock Slides as RBC Downgrades on Sluggish Recovery Timeline appeared first on Blockonomi.

Asics (ASCCY) stock rose 4% after announcing Onitsuka Tiger spinoff into OT Group. No IPO planned. LA flagship opens Feb 2027. Full details inside. The post Asics (ASCCY) Stock Surges 4% on Onitsuka Tiger Spinoff Announcement appeared first on Blockonomi.

Lenovo (0992) stock plunged nearly 10% Wednesday on reports of company-wide price hikes starting July, driven by rising memory costs from AI demand. The post Lenovo (0992) Shares Plunge 10% on Reports of Upcoming Price Increases appeared first on Blockonomi.

SoftBank (SFTBF) shares plunged 8% Wednesday after its $6B OpenAI-backed margin loan collapsed, pulling down Asian tech stocks across the board. The post SoftBank (SFTBF) Shares Plunge 8% as OpenAI Financing Deal Falls Apart appeared first on Blockonomi.

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.

Trump's push for the SAVE America Act may delay crucial crypto regulations, impacting market clarity and investor confidence in the sector. The post Trump pressures John Thune to advance SAVE America Act, potentially stalling crypto legislation appeared first on Crypto Briefing.

SwissBorg's withdrawal protection could reshape crypto security by prioritizing user safety over instant access, impacting investor strategies. The post SwissBorg introduces withdrawal protection to combat physical extortion appeared first on Crypto Briefing.

The integration of referee cameras and crypto sponsorship at the 2026 World Cup highlights evolving tech and marketing strategies in sports. The post 2026 World Cup referees to wear cameras as Kraken lands official crypto sponsorship appeared first on Crypto Briefing.

The Trionda ball's improved aerodynamics may enhance strategic play, impacting game dynamics and potentially influencing sports betting markets. The post Trionda ball shows improved aerodynamics for corner kicks in 2026 World Cup appeared first on Crypto Briefing.

The proposed measures would ban transactions on 11 crypto platforms and expand sanctions targeting networks accused of helping Russia evade restrictions.

Botanix Labs has announced the shutdown of its Bitcoin Layer 2 network after reporting 25 million transactions and 200,000 wallets during its year-long mainnet operation. The team said user demand was not sufficient to sustain the network economically. In a…

• #bitcoin

SoftBank's rapid decline highlights the volatility of tech-heavy investments and underscores the stability of diversified industrial giants. The post SoftBank shares fall 20% in a week, losing top value status in Japan appeared first on Crypto Briefing.

Rising gasoline prices complicate Fed policy, tighten liquidity, and challenge crypto recovery amid geopolitical tensions and inflation. The post Higher gasoline prices push US consumer inflation in May appeared first on Crypto Briefing.

Ueda's absence at the BOJ meeting could lead to market uncertainty, impacting yen stability and investor confidence amid inflation pressures. The post Bank of Japan Governor Kazuo Ueda hospitalized, will miss critical policy meeting appeared first on Crypto Briefing.

B8's victory highlights the competitive nature of esports, impacting team dynamics and fan engagement, while BIG's exit underscores home soil pressures. The post B8 defeats BIG to advance in IEM Cologne Major 2026 Stage 2 appeared first on Crypto Briefing.

The absence of crypto in major esports events highlights a shift towards traditional sponsorships, reflecting crypto's waning influence in esports. The post IEM Cologne Major 2026 delivers standout Stage 2 moments while crypto stays on the sidelines appeared first on Crypto Briefing.

Cape Verde's World Cup debut highlights global inequality in event access, as visa restrictions may limit fan participation and support. The post Cape Verde qualifies for first World Cup amid US visa concerns as crypto eyes the beautiful game appeared first on Crypto Briefing.

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.

The incident highlights growing security risks for SaaS providers, potentially impacting customer trust and financial stability. The post ServiceNow patches vulnerability exploited against some customers appeared first on Crypto Briefing.

The slot reallocation underscores Europe's dominance in CS2, potentially intensifying regional rivalries and reshaping global competitive dynamics. The post Europe gains major slot for PGL Singapore, Americas loses one appeared first on Crypto Briefing.

The proposed rules could enhance market stability and investor confidence, potentially boosting U.S. competitiveness in global prediction markets. The post Trump regulators propose new rules for prediction markets appeared first on Crypto Briefing.

Oracle's AI-driven cloud revenue surge highlights a pivotal shift in enterprise priorities, underscoring AI's critical role in future tech landscapes. The post Oracle revenue growth surges from cloud services amid AI demand appeared first on Crypto Briefing.

New York financial regulators have moved to update the state’s stablecoin rules as the federal government prepares to implement the GENIUS Act, a law that will reshape how payment stablecoins are supervised across the United States. The New York State…

Audiera price rises 28% to $5.44 as BEAT ranks among the top crypto gainers, while $4.2 million in short liquidations and an RSI of 94.54 increase pullback risk.

The escalation risks destabilizing regional security, impacting global oil markets, and increasing scrutiny on crypto transactions linked to Iran. The post Iran targets US bases in Jordan and Gulf after Trump orders strikes near Hormuz appeared first on Crypto Briefing.

Unverified reports of BOJ Governor Ueda's hospitalization highlight the fragility of market stability amid leadership uncertainties. The post Bank of Japan Governor Kazuo Ueda reportedly hospitalized, but verified details remain elusive appeared first on Crypto Briefing.

Barcelona's decision not to buy Rashford highlights financial prioritization, impacting both their squad strategy and Manchester United's planning. The post Barcelona opts not to activate €30M buy option for Marcus Rashford appeared first on Crypto Briefing.

CME Group and Nasdaq expand regulated crypto offerings, adding XRP, XLM, and LINK to their new flagship index.

• #bitcoin

Manchester United's squad overhaul could lead to strategic reinvestment opportunities, potentially reshaping the team's competitive dynamics. The post Manchester United confirms departures of Casemiro, Sancho, and Malacia in squad overhaul appeared first on Crypto Briefing.

Escalating cyberattacks on AI assets highlight the urgent need for enhanced cybersecurity measures to protect technological innovation globally. The post CrowdStrike warns of rising cyberattacks from China targeting AI appeared first on Crypto Briefing.

Norway's culinary strategy at the World Cup highlights the importance of cultural familiarity and psychological comfort in high-pressure environments. The post Norwegian squad brings 300 kg of fish, 116 kg of cheese to World Cup appeared first on Crypto Briefing.

Hungary's World Cup squad highlights domestic talent, potentially boosting crypto fan engagement amid regulatory shifts and digital innovation. The post Hungary’s World Cup squad spotlights NB I talent as crypto crossover opportunities linger appeared first on Crypto Briefing.

The successful on-chain trade highlights the growing influence of decentralized platforms in macroeconomic market strategies. The post Whale 0x97f8 takes profits on $148M SP500 short position on Hyperliquid appeared first on Crypto Briefing.

Starbucks (SBUX) stock rises 2.73% on reports of a potential $2.5-3 billion Japan stake sale, mirroring its recent China business divestment strategy. The post Starbucks (SBUX) Stock Climbs on Reports of Potential Japan Business Sale appeared first on Blockonomi.

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 […]

Iran's entry highlights the complex interplay of sports and geopolitics, underscoring challenges in international relations and global events. The post Iran’s soccer team allowed entry to US before World Cup matches appeared first on Crypto Briefing.

BizLink's acquisition could significantly enhance its role in the AI data center supply chain, impacting market dynamics and competition. The post BizLink acquires Blackstone’s Interplex Datacom for $850M to boost data center capabilities appeared first on Crypto Briefing.

TensorWave's funding and AMD partnership could disrupt Nvidia's dominance, fostering competition and innovation in AI infrastructure. The post TensorWave raises $100M Series A led by AMD Ventures, eyes multi-gigawatt AI infrastructure buildout appeared first on Crypto Briefing.

BYD's ambitious growth strategy could reshape global auto industry dynamics, challenging established players and influencing market competition. The post BYD chairman aims for company to become world’s largest automaker in 5 years appeared first on Crypto Briefing.

Tottenham's decision to release Bissouma highlights the club's shift towards aligning player roles with managerial vision, despite financial losses. The post Tottenham confirms Yves Bissouma leaves as free agent after turbulent spell appeared first on Crypto Briefing.

Taiwan's HIMARS test underscores rising tensions, highlighting potential economic disruptions and geopolitical instability in the region. The post Taiwan fires US-supplied HIMARS into waters facing China in first live-fire test appeared first on Crypto Briefing.

Shin-Etsu's new smelter could enhance Japan's supply chain resilience, reducing geopolitical risks and fostering technological independence. The post Shin-Etsu to establish rare-earth smelter in Japan to reduce reliance on China appeared first on Crypto Briefing.

X's proactive notifications could enhance misinformation control, but declining contributor engagement may limit its effectiveness and credibility. The post X introduces memory feature to proactively notify users of Community Notes corrections appeared first on Crypto Briefing.

Rdiger's extended stay at Real Madrid ensures defensive stability, reflecting strategic squad management amid leadership transitions. The post Antonio Rüdiger’s contract renewal with Real Madrid finalized, announcement delayed appeared first on Crypto Briefing.

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.

• #bitcoin

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.

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.

Oracle (ORCL) reports Q4 earnings Wednesday. Analysts forecast $1.97 EPS, $19.1B revenue, and cloud infrastructure surge of 90.8% amid massive OCI backlog. The post Oracle (ORCL) Earnings Report: Analysts Anticipate Strong Q4 Results Today appeared first on Blockonomi.

Warner Bros. Discovery (WBD) stock fell to $26.24, 17% below the $31 deal price, as the Paramount merger faces EU and state attorney general scrutiny. The post Warner Bros. Discovery (WBD) Stock Slides to Three-Month Low Amid Merger Regulatory Hurdles appeared first on Blockonomi.

Robinhood (HOOD) director Meyer Malka buys $20M in shares as the company receives approval to underwrite IPOs. Wall Street analysts target $99.38. The post Robinhood (HOOD) Stock: Director Injects $20M as Company Gains IPO Underwriting Authority appeared first on Blockonomi.

Memory chip stocks climb as UBS and Mizuho predict AI-fueled supercycle. WFE revenue could reach $250B by 2028 with major price target upgrades across sector. The post Memory Chip Stocks Rally as Analysts Forecast Supercycle Through 2028 appeared first on Blockonomi.