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blockonomi.com Litecoin Faces Renewed Selling Pressure as Analysts Monitor Key Support Zones

TLDR: Litecoin has fallen over 20% in a week as traders monitor support near the $40 level. Joao Wedson says LTC lost key on-chain levels, with $34 and $29 now in focus. Futures open interest dropped from $411 million to $283 million, reflecting weaker trader activity. LitVM and Nexus Wallet developments continue attracting attention despite [...] The post Litecoin Faces Renewed Selling Pressure as Analysts Monitor Key Support Zones appeared first on Blockonomi.

blockonomi.com Dogecoin Trades Near Historic Low Bubble Risk Levels as On-Chain Metrics Signal Accumulation

TLDR: Dogecoin’s Bubble Risk metric has dropped to 0.7, placing it near historical low-risk zones. Previous DOGE market tops formed when Bubble Risk exceeded 10, far above current levels. The indicator combines realized price, Alpha Price, and CVDD models to assess valuation. DOGE remains below $0.10, while on-chain data points to reduced speculative activity. Dogecoin [...] The post Dogecoin Trades Near Historic Low Bubble Risk Levels as On-Chain Metrics Signal Accumulation appeared first on Blockonomi.

news.bitcoin.com Blackrock Files Final Pre-Launch Form for Bitcoin Covered-Call ETF, Analyst Gives 1-Week Window

Bloomberg Intelligence senior exchange-traded fund (ETF) analyst Eric Balchunas said on Thursday that Blackrock’s Ishares Bitcoin Premium Income ETF could be live on Nasdaq within a week after the firm filed a Form 8-A with the U.S. Securities and Exchange Commission (SEC). Balchunas Calls the Date “Blackrock filed an 8-A for the Bitcoin Premium Income […]

blockonomi.com Total Crypto Market Cap Tests Key Support as Bitcoin Holds $60K

TLDR: Total crypto market cap remains above the crucial $2.05 trillion support zone after recent selling pressure. Bitcoin continues defending the $60,000 level, with traders monitoring resistance near $64,000. A break below $2.05 trillion could shift attention toward the next major support around $1.81 trillion. Debate continues over whether Bitcoin ETF outflows are tied to [...] The post Total Crypto Market Cap Tests Key Support as Bitcoin Holds $60K appeared first on Blockonomi.

blockonomi.com Ripple CEO Slams JPMorgan’s Dimon Over CLARITY Act Crypto Claims

TLDR Ripple CEO Brad Garlinghouse criticized JPMorgan CEO Jamie Dimon on Fox Business. Debate centers on the CLARITY Act and its impact on U.S. crypto regulation. Dimon argued the bill could weaken compliance and increase fraud risks. CFTC Chair Michael Selig defended the bill and said Dimon misread its intent. Garlinghouse said JPMorgan earns about [...] The post Ripple CEO Slams JPMorgan’s Dimon Over CLARITY Act Crypto Claims appeared first on Blockonomi.

blockonomi.com ETH Futures Traders Load Longs as Binance OI hits 3.7M ETH Record

TLDR Binance ETH futures open interest rises to a record high of 3.7 million ETH. Exchange accounts for over 44% of total global ETH futures activity. Taker buy-sell ratio improves to 1.0, showing balanced order flow. Perp volume reaches 5.57 million ETH versus weak spot trading activity. Liquidation clusters form with $8B shorts above $2,200–$2,400 [...] The post ETH Futures Traders Load Longs as Binance OI hits 3.7M ETH Record appeared first on Blockonomi.

blockonomi.com AI Stock Selloff Weighs on S&P 500 as Investors Shift Focus to SpaceX IPO Buzz

TLDR: Mega-cap AI stocks declined sharply, placing pressure on the S&P 500 despite broader market resilience. Oracle posted an 11.54% drop, making it the weakest major technology stock on the heatmap. Nasdaq remained above 1% while the S&P 500 stayed barely positive during the trading session. Market participants discussed a possible shift from crowded AI [...] The post AI Stock Selloff Weighs on S&P 500 as Investors Shift Focus to SpaceX IPO Buzz appeared first on Blockonomi.

cryptobriefing.com Brazil’s 2026 World Cup squad is worth nearly a billion euros, and crypto markets are paying attention

The integration of crypto with the World Cup highlights blockchain's growing influence in sports, potentially reshaping fan engagement and investment. The post Brazil’s 2026 World Cup squad is worth nearly a billion euros, and crypto markets are paying attention appeared first on Crypto Briefing.

cryptobriefing.com Solana Foundation launches Frontier Traders program for institutional access to SpaceX tokenized equity

The program could redefine pre-IPO trading, challenging traditional markets and highlighting regulatory complexities in tokenized equities. The post Solana Foundation launches Frontier Traders program for institutional access to SpaceX tokenized equity appeared first on Crypto Briefing.

blockonomi.com Michael Saylor Debt Strategy Under Pressure as Bitcoin Drops Fast

TLDR Henrik Zeberg predicts Michael Saylor could face severe financial pressure from leveraged Bitcoin exposure. Strategy reports about $14 billion in unrealized losses following Bitcoin’s drop from $82,000 to near $62,000. The company sold 32 BTC, raising concerns about liquidity and the long-term accumulation strategy’s stability. Critics, including Peter Schiff and Frank Giustra, question Strategy’s [...] The post Michael Saylor Debt Strategy Under Pressure as Bitcoin Drops Fast appeared first on Blockonomi.

cryptobriefing.com Trump says deal to end Iran war is close after calling off strikes, and crypto markets are paying attention

The potential Iran deal could reshape global crypto markets by unlocking significant assets, impacting liquidity and compliance dynamics. The post Trump says deal to end Iran war is close after calling off strikes, and crypto markets are paying attention appeared first on Crypto Briefing.

blockonomi.com Backpack and Sunrise Roll Out Tokenized SpaceX Shares on Solana Chain

TLDR SPCX represents tokenized SpaceX shares issued through Backpack Securities. Token can be redeemed for underlying equity via regulated brokerage access. Sunrise provides infrastructure for issuance and Solana integration. SPCX trades on Solana with self-custody wallet support. Launch aligns with SpaceX’s Nasdaq listing day for dual-market access. SpaceX shares will begin trading on Solana alongside [...] The post Backpack and Sunrise Roll Out Tokenized SpaceX Shares on Solana Chain appeared first on Blockonomi.

blockonomi.com Nakamoto Cuts Bitcoin Holdings After $48M Liquidity Gain Report File

TLDR Nakamoto sold about 600 Bitcoin and related derivative positions during the reporting period. The company generated $48 million in proceeds from the asset liquidation. Around $45 million went toward repayment of obligations linked to Kraken. Nakamoto’s Bitcoin treasury now stands at 4,467 BTC after the sale. The firm still holds $165 million in USDT [...] The post Nakamoto Cuts Bitcoin Holdings After $48M Liquidity Gain Report File appeared first on Blockonomi.

news.bitcoin.com CFTC Says Sports Contracts Involve Gaming but Proposes to Allow Almost All of Them

The CFTC has proposed its first written framework for sports event contracts, formally defining sports markets as “gaming” – then writing definitions under which virtually everything currently traded on Kalshi and its rivals stays legal. Five banned categories, one legalized industry The Commodity Futures Trading Commission released the proposed rulemaking on Wednesday, June 10, opening […]

cryptobriefing.com Marco Rubio and Gavin Newsom to attend US World Cup match together, and prediction markets are paying attention

The joint appearance of Rubio and Newsom at the World Cup highlights their potential 2028 presidential bids, influencing prediction markets and crypto policy discourse. The post Marco Rubio and Gavin Newsom to attend US World Cup match together, and prediction markets are paying attention appeared first on Crypto Briefing.

blockonomi.com Hungary Crypto Overhaul Targets EU MiCA Alignment and Market Return

TLDR Hungary moves to scrap prison terms linked to crypto trading violations Earlier rules targeted unlicensed exchanges and high-value transactions The government plans to end criminal prosecution for market participants Licensing restrictions previously pushed platforms like Revolut to exit Authorities aim to align the national framework with EU MiCA standards Hungary has started reversing its [...] The post Hungary Crypto Overhaul Targets EU MiCA Alignment and Market Return appeared first on Blockonomi.

cryptobriefing.com Iran approves draft agreement with United States via Qatari mediators, Bitcoin watches closely

The draft agreement could stabilize oil markets, reduce inflation fears, and impact crypto's role in sanctions evasion, affecting global finance. The post Iran approves draft agreement with United States via Qatari mediators, Bitcoin watches closely appeared first on Crypto Briefing.

bitcoinist.com Bitcoin Market Faces A Potential Profitability Reset As More Coins Slip Out Of Profit

The Bitcoin market continues to take a hit, and investors both big and small are heavily feeling the ongoing market pressure, which has caused its price to drop to $61,000. The amount of BTC in profit territory is steadily dropping following the recent decline in price, putting the market in a more bearish condition. Supply […]

blockonomi.com South Korean Police Investigate Bithumb CEO Over Hiring Allegation

TLDR South Korean police name Bithumb CEO Lee Jae-won as a bribery suspect Investigation links alleged hiring decision to political influence claims Probe centers on meeting in Seoul and the post-meeting job appointment timeline Authorities also examine advisory hire linked to earlier staffing decisions Case adds to ongoing regulatory actions and fines against Bithumb South [...] The post South Korean Police Investigate Bithumb CEO Over Hiring Allegation appeared first on Blockonomi.

blockonomi.com SEC Clock Ticks as Cardano Futures Edge Toward ETF Qualification

TLDR Cardano futures launched on CME on February 9, 2026. SEC requires a six-month regulated futures market for ETF eligibility. ADA futures are expected to meet the requirement on August 9, 2026. Grayscale Cardano Trust ETF decision expected around October 2026. ADA is included in the Bitwise 10 Crypto Index ETF and the Grayscale fund. [...] The post SEC Clock Ticks as Cardano Futures Edge Toward ETF Qualification appeared first on Blockonomi.

blockonomi.com Ripple’s XRP Escrow Could Last Until 2035, Schwartz Explains

TLDR Ripple currently holds about 32.9 billion XRP in escrow accounts. The company unlocks 1 billion XRP from escrow each month. Ripple usually returns 700 million to 800 million XRP to escrow. Current estimates place escrow depletion around 2035 to 2036. David Schwartz said no exact depletion date can be predicted. Ripple’s long-term XRP distribution [...] The post Ripple’s XRP Escrow Could Last Until 2035, Schwartz Explains appeared first on Blockonomi.

blockonomi.com SpaceX Reveals 18,712 BTC While Corporate Bitcoin Holdings Rise

TLDR Public companies added a net 43,557 BTC during May 2026. Total disclosed and acquired holdings reached 51,045 BTC before sales. Strategy purchased 25,404 BTC, remaining the largest corporate holder. Strategy sold 32 BTC in June, representing just 0.004% of holdings. Michael Saylor said Strategy will “never be a net seller of Bitcoin.” Public companies [...] The post SpaceX Reveals 18,712 BTC While Corporate Bitcoin Holdings Rise appeared first on Blockonomi.

news.bitcoin.com Tech Giant LG Electronics Taps Arbitrum to Automate Programmatic Ads via Custom L2 Blockchain

South Korean consumer electronics titan LG Electronics is developing a proprietary blockchain network aimed at transforming the digital advertising placement and sales industry. The Onchain Shift According to a report published by Fortune on June 11, 2026, the initiative leverages a shared, onchain database of advertising inventory and verified customer interaction records. Fortune’s Jack Kubinec […]

cryptobriefing.com Krenar Komoni: Tive reaches $100 million annual run rate, the power of a SaaS plus model for data moats, and the impact of real-time tracking on logistics | SaaS Interviews

Tive's innovative single-use 2G tracker slashes costs, fueling growth to a $545 million valuation. The post Krenar Komoni: Tive reaches $100 million annual run rate, the power of a SaaS plus model for data moats, and the impact of real-time tracking on logistics | SaaS Interviews appeared first on Crypto Briefing.

bitcoinmagazine.com Bukele’s Reform Makes El Salvador a Top Tax Haven: 0% on Foreign Income and Bitcoin Gains with Minimal Presence

Bitcoin Magazine Bukele’s Reform Makes El Salvador a Top Tax Haven: 0% on Foreign Income and Bitcoin Gains with Minimal Presence With no capital gains tax on Bitcoin, no wealth or inheritance taxes, and competitive incentives for tech businesses, the reform solidifies El Salvador’s status as a Bitcoin-friendly jurisdiction targeting entrepreneurs and families. This post Bukele’s Reform Makes El Salvador a Top Tax Haven: 0% on Foreign Income and Bitcoin Gains with Minimal Presence first appeared on Bitcoin Magazine and is written by Juan Galt.

blockonomi.com US Stocks Add $1.2 Trillion as Markets Rally on Trump’s Iran Remarks

TLDR: US markets added about $1.2 trillion in value within 20 minutes following Trump’s remarks on Iran. The S&P 500 led gains, rising 1.33% and adding nearly $890 billion to its market capitalization. Investors responded positively after reports that planned US airstrikes on Iran were canceled. Market attention also shifted to the anticipated SpaceX IPO, [...] The post US Stocks Add $1.2 Trillion as Markets Rally on Trump’s Iran Remarks appeared first on Blockonomi.

blockonomi.com Avalanche Treasury Lists AVAT on Nasdaq via $675M SPAC Merger Deal

TLDR AVAT begins trading on Nasdaq after a merger with Mountain Lake Acquisition Corp. The SPAC transaction values Avalanche Treasury at $675 million. The firm targets exposure to the Avalanche ecosystem without direct AVAX purchase. Avalanche Treasury deploys capital into staking, infrastructure, and applications. The company holds about 15 million AVAX, equal to 3.5% of [...] The post Avalanche Treasury Lists AVAT on Nasdaq via $675M SPAC Merger Deal appeared first on Blockonomi.

cryptobriefing.com Crypto sponsorships notably absent from IEM Cologne Major as traditional brands reclaim esports spotlight

The shift from crypto to traditional sponsors in esports highlights changing market dynamics and may prompt crypto firms to innovate marketing strategies. The post Crypto sponsorships notably absent from IEM Cologne Major as traditional brands reclaim esports spotlight appeared first on Crypto Briefing.

blockonomi.com Prediction Market Report Shows $11B-$34B Offshore US User Activity

TLDR U.S. users may have driven $11B to $34B offshore prediction market volume. Polymarket alone accounted for up to $27B in estimated U.S.-linked activity. Offshore share dropped from 84.4% in 2024 to 60.9% in 2025. Kalshi processed about $70B of $74B in regulated prediction market volume. Report cites VPN use and blockchain platforms as key [...] The post Prediction Market Report Shows $11B-$34B Offshore US User Activity appeared first on Blockonomi.

news.bitcoin.com Bitcoin and Ether ETFs Lose $249 Million While HYPE Funds Extend Inflow Run

Crypto ETF flows stayed uneven on Wednesday, June 10, as bitcoin funds recorded a fourth straight day of outflows and ether ETFs remained under pressure. HYPE and XRP products drew modest inflows, while solana ETFs saw no trading activity. HYPE ETFs Add $2.78 Million as Bitcoin Funds Extend 4-Day Outflow Streak The crypto exchange-traded fund […]

cryptobriefing.com What top crypto brands are doing differently with advertising

Having worked with exchanges, wallets, infrastructure providers, DeFi protocols, and Web3 startups on campaigns, I've noticed a clear pattern: the brands generating the strongest results today are not necessarily spending morethey're advertising differently. The post What top crypto brands are doing differently with advertising appeared first on Crypto Briefing.

blockonomi.com Ethereum Enters Key Accumulation Zone as Staking Growth Supports Network Activity

TLDR: Ethereum trades near $1,685 as analysts identify a potential long-term accumulation zone for investors. Total staked ETH climbed to 39.28 million coins despite recent spot Ethereum ETF outflows. Ethereum developers continue work on the Glamsterdam upgrade planned for Q3 2026 rollout. ETH remains below key resistance, while support near $1,650 stays critical for price [...] The post Ethereum Enters Key Accumulation Zone as Staking Growth Supports Network Activity appeared first on Blockonomi.

bitcoinist.com XRP Pundit Says These Factors Will Drive An Explosive Price Action

XRP pundit SMQKE has predicted that utility will drive the next wave of explosive price action for the token. This came as he highlighted what had previously driven these parabolic rallies in the altcoin and noted a shift from speculation to utility-driven rallies.  Pundit Reveals Utility Will Drive Next Parabolic Rally For XRP In an […]

cryptobriefing.com Claude Managed Agents adds scheduled deployments and environment variables, pushing AI closer to full autopilot

Anthropic's enhancements to Claude Managed Agents signify a shift towards more autonomous AI operations, reducing manual intervention and enhancing security. The post Claude Managed Agents adds scheduled deployments and environment variables, pushing AI closer to full autopilot appeared first on Crypto Briefing.

cryptobriefing.com Iran’s flag display at 2026 World Cup opening ceremony stirs geopolitical debate, but crypto markets shrug

The geopolitical tensions surrounding Iran's participation highlight the complex interplay between international sports and global diplomacy. The post Iran’s flag display at 2026 World Cup opening ceremony stirs geopolitical debate, but crypto markets shrug appeared first on Crypto Briefing.

blockonomi.com Is Stellar XLM Going Quantum-Resistant? Here Is What the New Roadmap Says

TLDR: Stellar XLM is moving quantum-resistant after SDF published its Quantum Preparedness Plan on June 9, 2026. Stage 1 adds ML-DSA-44 and ML-DSA-65 post-quantum signature support to Soroban smart contracts in 2026. Stellar’s key rotation model allows quantum-safe upgrades without changing account addresses or migrating balances. INRIA research cut the qubit estimate for breaking elliptic [...] The post Is Stellar XLM Going Quantum-Resistant? Here Is What the New Roadmap Says appeared first on Blockonomi.