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forklog.media K33 Analysts Identify $60,000 as Bitcoin Accumulation Zone

The leading cryptocurrency has dropped 28% over the month, falling from $82,000 to below $60,000. According to analysts at K33, more than 10 million BTC—over 50% of the total circulating supply—are now at a loss. A month ago, the share of "red" coins was only 30%. K33's Head of Research, Vetle Lunde, explained that a large percentage of old coins remain unmoved. The reason is either lost wallets or owners' reluctance to sell the asset. Thus, in previous bear cycles, the peak of the loss-making supply was in the 50-56% range. Source: K33. A similar pattern was observed in 2011, 2018, and 2022. Back then, Bitcoin reached its bottom within a month after breaking the 50% mark. However, this was preceded by a final drop of 15-26%. A year after this event, growth ranged from 69% to 359%. The current decline has brought the price back to the 200-week moving average. K33 considers this level a marker for the end of major bear cycles. The Relative Strength Index of Bitcoin has reached its lowest point since November 2018. Outflows from exchange-traded products averaged 4,108 BTC per day from May 7 to June 8. The Fear and Greed Index plummeted to 8. Lunde noted a shift in sentiment and a capital flow into AI stocks, Big Tech, and a potential IPO for SpaceX. Meanwhile, the current downturn is shorter and shallower than in past cycles, fitting the trend of decreasing volatility. Analysts confirmed their baseline forecast: the level around $60,000 serves as a cyclical bottom or a very attractive zone for long-term accumulation. On June 9, analysts from Wintermute pointed out a weak capital inflow into Bitcoin.

forklog.media Curve Launches LlamaLend V2 on Optimism

The DeFi protocol Curve Finance has deployed the second version of its lending platform, LlamaLend, on the L2 network Optimism. The initiative aims to scale infrastructure ahead of its launch on the Ethereum mainnet. Introducing Llamalend v2A new lending framework built around Curve liquidity— Use Curve LP tokens as collateral— Isolated market risk— Improved range-based liquidations powered by LLAMMA— Better market securityLaunching first on Optimism.https://t.co/6N74weKk0j pic.twitter.com/cO159UNE5A— Curve Finance (@CurveFinance) June 10, 2026 The launch was supported by the Optimism Foundation, which provided a grant of 250,000 OP (approximately $50,000). These funds will be used to stimulate liquidity and user activity over the next two months. In LlamaLend V2, developers have removed the mandatory use of the stablecoin crvUSD in lending pairs. Users can now create markets with almost any combination of assets. The protocol has also started accepting LP tokens from Curve and PT tokens from Pendle as collateral. Curve founder Mikhail Egorov noted that the update will simplify the platform's use for major players: "We tried to make the protocol more user-friendly. Users no longer need a PhD to use LlamaLend." An important change is the introduction of a market curator in the form of the LlamaRisk team. In the first version, anyone could create isolated pools, which, according to Egorov, added unnecessary complexity in risk assessment. Now, LlamaRisk will conduct qualitative assessments of collateral assets. At the launch stage on Optimism, a zero borrowing limit has been set—currently, users can only make deposits. The full launch of lending markets and the start of reward distribution are expected on June 16, following a seven-day Curve DAO vote. The deployment of LlamaLend V2 on the Ethereum mainnet is planned for the second half of 2026. Back in April, Egorov introduced a solution to the "bad" debt problem. He proposed turning deficit positions into tradable investment instruments.

news.bitcoin.com CFTC Chairman Selig Backs Prediction Markets With New Case-by-Case Framework

The U.S. Commodity Futures Trading Commission (CFTC) published a Notice of Proposed Rulemaking on Wednesday, laying out a structured, contract-by-contract review process for event contracts that may involve terrorism, war, gaming, or other restricted activities under federal law. The move replaces an approach that prior CFTC leadership had tried and failed to advance. In 2024, […]

cryptobriefing.com Binance-backed Travala debuts agentic travel protocol letting AI book and pay without human intervention

Travala's AI travel protocol could revolutionize the travel industry by enabling seamless, autonomous bookings, reshaping consumer behavior. The post Binance-backed Travala debuts agentic travel protocol letting AI book and pay without human intervention appeared first on Crypto Briefing.

bitcoinist.com The Quantum Threat Is Coming—Stellar Reveals Its Defense Strategy

Dormant accounts are the hardest part. That is one of the quiet admissions buried in Stellar’s newly released Quantum Preparedness Plan, a phased roadmap to migrate the entire network to quantum-safe cryptography by the end of 2027. The Stellar Development Foundation said it will seek community input on how to handle accounts that have gone […]

cryptobriefing.com Commodity Futures Trading Commission proposes crackdown on prediction markets tied to war, terrorism, and assassination

The CFTC's proposal could reshape prediction markets, limiting speculative trading on sensitive geopolitical events and impacting market dynamics. The post Commodity Futures Trading Commission proposes crackdown on prediction markets tied to war, terrorism, and assassination appeared first on Crypto Briefing.

forklog.media Colt and Ciena Conduct Quantum-Resistant Communication Test

Colt Technology Services and Ciena completed a test data transmission using quantum-resistant encryption between New York and London. The traffic traveled over submarine and terrestrial lines spanning a total of 6900 km at a speed of 800 Gbps. Engineers utilized the Ciena WaveLogic 6 Extreme platform. The test confirmed that high-speed communication can be protected against future quantum threats without performance loss. Malicious actors intercept encrypted data with the intention of decrypting it later when powerful quantum computers become available. Experts estimate this could happen as early as 2030. According to surveys, 69% of organizations consider quantum computing a real threat to current encryption methods. The trial demonstrated that quantum-resistant protection is ready for deployment on one of the busiest transatlantic routes. Optical performance remained stable throughout the route. Following a series of successful tests, Colt is prepared to offer clients several protection models: post-quantum cryptography, quantum key distribution, and hybrid schemes. These services are aimed at fintech, healthcare, government agencies, and data center owners. In November 2024, Colt and Ciena had already conducted joint tests, transmitting data at 1.2 Tbps across the Atlantic. In June, OQC, JPMorgan Chase, and AMD announced the launch of a research partnership program in London based at the dedicated Quantum-AI data center. The facility is used to explore quantum and hybrid computing within the financial sector.

cryptobriefing.com Bank of Canada holds key interest rate at 2.25%, flags US trade uncertainty and Iran war risks

The BoC's rate hold amid global uncertainties highlights potential volatility in Canadian markets, impacting inflation, exports, and investment strategies. The post Bank of Canada holds key interest rate at 2.25%, flags US trade uncertainty and Iran war risks appeared first on Crypto Briefing.

cryptobriefing.com IAEA Board of Governors votes on US resolution demanding transparency from Iran’s nuclear program

The resolution's passage could stabilize geopolitical tensions, impacting global markets by avoiding immediate escalation and potential sanctions. The post IAEA Board of Governors votes on US resolution demanding transparency from Iran’s nuclear program appeared first on Crypto Briefing.

news.bitcoin.com Trump Warns Iran Will ‘Pay the Price’ as Gas Prices Jump 40% and Inflation Hits 3-Year High

The U.S. Bureau of Labor Statistics reported Wednesday that May 2026 headline consumer price inflation climbed to 4.2% year-over-year, the hottest reading since April 2023, driven almost entirely by a war-linked energy spike as President Donald Trump escalated rhetoric against Iran on the same morning. Inflation Accelerates for Third Straight Month The May CPI print, […]

forklog.media Major Japanese Banks to Collaborate on Stablecoin Initiative

MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have signed a memorandum to establish a council for the joint issuance of a stablecoin. The banks aim to conduct their first commercial transactions by the end of the 2026 fiscal year, concluding in March 2027. The council is tasked with developing the operational model, governance system, and issuance infrastructure. According to Reuters, Japan's Financial Services Agency (FSA) supports the project's experimental phase. The initiative follows a pilot approved by the FSA in November 2025. At that time, the banks, along with Mitsubishi UFJ Trust and Banking and Progmat, began testing the joint issuance of a stablecoin under a trust scheme and its use for cross-border settlements by Mitsubishi Corporation.

cryptobriefing.com Apollo’s Zito warns software valuations are overpriced, calls out private equity ‘misstating’ marks

Overvalued software assets in private equity could lead to significant financial adjustments, impacting investor confidence and market stability. The post Apollo’s Zito warns software valuations are overpriced, calls out private equity ‘misstating’ marks appeared first on Crypto Briefing.

cryptobriefing.com Mastercard launches Agent Pay for Machines with Aave, Coinbase, OKX, Polygon, Ripple, and Solana as partners

Mastercard's AP4M could revolutionize microtransactions, but competing standards and regulatory challenges may hinder widespread adoption. The post Mastercard launches Agent Pay for Machines with Aave, Coinbase, OKX, Polygon, Ripple, and Solana as partners appeared first on Crypto Briefing.

forklog.media K33 Analysts Identify $60,000 as Bitcoin Accumulation Zone

The leading cryptocurrency has dropped 28% over the month, falling from $82,000 to below $60,000. According to analysts at K33, more than 10 million BTC—over 50% of the total circulating supply—are now at a loss. A month ago, the share of "red" coins was only 30%. K33's Head of Research, Vetle Lunde, explained that a large percentage of old coins remain unmoved. The reason is either lost wallets or owners' reluctance to sell the asset. Thus, in previous bear cycles, the peak of the loss-making supply was in the 50-56% range. Source: K33. A similar pattern was observed in 2011, 2018, and 2022. Back then, Bitcoin reached its bottom within a month after breaking the 50% mark. However, this was preceded by a final drop of 15-26%. A year after this event, growth ranged from 69% to 359%. The current decline has brought the price back to the 200-week moving average. K33 considers this level a marker for the end of major bear cycles. The Relative Strength Index of Bitcoin has reached its lowest point since November 2018. Outflows from exchange-traded products averaged 4,108 BTC per day from May 7 to June 8. The Fear and Greed Index plummeted to 8. Lunde noted a shift in sentiment and a capital flow into AI stocks, Big Tech, and a potential IPO for SpaceX. Meanwhile, the current downturn is shorter and shallower than in past cycles, fitting the trend of decreasing volatility. Analysts confirmed their baseline forecast: the level around $60,000 serves as a cyclical bottom or a very attractive zone for long-term accumulation. On June 9, analysts from Wintermute pointed out a weak capital inflow into Bitcoin.

forklog.media Scientists Develop Miniature Sensor for Machine Vision

An international team of scientists has unveiled a miniature photomemristor that mimics the adaptation of human vision to bright and dim light. The innovation could prove beneficial for machine vision systems in robots, drones, and cameras, according to a study in Nature Communications. The device addresses the issue faced by machine vision systems, which lose accuracy during sudden changes in brightness. This is critical for drones and robots, which need to simultaneously distinguish objects in dark areas and bright light sources like oncoming car headlights. The development is part of neuromorphic machine vision—a field where sensors not only capture images but also perform part of the signal processing. This approach is expected to reduce the load on computing systems and speed up reactions to changes in the frame. Event-based cameras tackle a similar challenge. They do not capture each frame entirely but instead record changes in brightness at individual pixels, offering low latency, a high dynamic range, and reduced data volume. However, such systems require specialized algorithms and currently have their limitations. The prototype is based on a miniature light-sensitive element approximately 0.5 mm in size. The key component of the system is a photomemristor made from TiO2 and PEDOT:PSS. Its operation relies on the materials' reaction to humidity: under low light, the structure absorbs more water, increasing conductivity and photosensitivity. In bright light, moisture dissipates, reducing sensitivity. In a demonstration setup, researchers used an array of 4 × 4 photomemristors and an artificial neural network. The system recognized letter patterns against backgrounds with varying brightness levels. According to the article, the accuracy was 91.3% under mixed lighting conditions, and the recognition process took 7.5 seconds. Back in May, scientists introduced Qumus—an autonomous AI system for experiments with quantum materials.

cryptobriefing.com Gold falls over 2% as Middle East peace hopes fade, raising questions about Bitcoin’s safe-haven role

The fading peace prospects highlight the evolving dynamics of safe-haven assets, questioning gold's dominance and Bitcoin's emerging role. The post Gold falls over 2% as Middle East peace hopes fade, raising questions about Bitcoin’s safe-haven role appeared first on Crypto Briefing.

cryptobriefing.com Saudi Arabia condemns Iran’s attacks on Bahrain, Kuwait, and Jordan as ‘brutal aggression’

The unified Arab condemnation of Iran's actions may lead to increased diplomatic efforts and potential international intervention to address regional security threats. The post Saudi Arabia condemns Iran’s attacks on Bahrain, Kuwait, and Jordan as ‘brutal aggression’ appeared first on Crypto Briefing.