2026 has delivered a difficult stretch for the crypto market, with each of the five largest crypto assets by market capitalization posting double-digit losses year to date. Out of the top five, solana ( SOL) has borne the brunt of the decline, shedding more than 47% since Jan. 1. To gain insight into where the […]
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$2 Billion and Counting: Polymarket and Kalshi See Record Inflows Ahead of FIFA World Cup Kickoff
The FIFA World Cup, expected to be one of the largest events in sports history, is already seeing huge trading volume in prediction markets as users seek to predict which team will win. Volumes for these contracts have reached nearly $2 billion in Kalshi and Polymarket. FIFA World Cup Derivatives Start Moving Billions in Prediction […]
Read MoreAfter Buying More Bitcoin Than It Sold, Strategy Wins Dividend Approval as Holdings Hit 845,256 BTC
Strategy secured approval to pay STRC dividends twice monthly as its bitcoin holdings climbed to 845,256 BTC. The move follows recent treasury activity and could reshape how income investors view the company’s preferred stock. Strategy’s STRC Shift Could Change How Investors Price Preferred Income After buying 1,550 BTC and selling 32 BTC one week earlier, […]
Read MoreSam Bankman-Fried Files Formal Trump Pardon Request as FTT Jumps 50%
Sam Bankman-Fried, the convicted FTX co-founder serving a 25-year federal prison sentence, formally submitted a presidential pardon application to the U.S. Department of Justice’s Office of the Pardon Attorney on June 8, 2026. Breaking: Formal Petition Confirmed Bloomberg first reported the filing on Monday morning. The application is now visible on the DOJ’s public clemency […]
Read MoreBitcoin ETFs Lose $1.72B in Second-Largest Weekly Outflow Since Launch
Crypto ETF flows stayed under pressure from June 1 to June 5, with bitcoin funds posting a fourth straight week of withdrawals and ether ETFs also ending firmly negative. The weakness was not uniform, however, as HYPE and XRP ETFs drew inflows while solana slipped back into redemptions. Bitcoin and Ether ETFs Lose $1.89B While […]
Read MoreBitcoin Punches Back Above $63K as Nasdaq Claws Back 1.3% From Worst Drop in a Year
Bitcoin climbed back above $63,000 Monday morning as institutional buyers stepped in and U.S. lawmakers advanced key crypto legislation, pushing the total digital asset market cap to $2.19 trillion. Institutions Buy the Dip Strategy purchased an additional 1,550 BTC for approximately $101 million, according to data circulating Monday. The move came as bitcoin traded near […]
Read MoreTom Lee Says AI Systems Will Lift Ethereum Demand as Bitmine Stacks 5.54M ETH
Bitmine Immersion Technologies now controls 4.59% of the entire ethereum supply after accumulating 5.54 million ETH valued at approximately $9.04 billion at current prices. Holdings Overview The Norwalk, Connecticut-based company disclosed total crypto, cash, and “moonshot” holdings of $9.6 billion as of June 7, 2026. The breakdown includes 5,543,872 ETH at $1,630 per token, 204 […]
Read MoreIs Bitcoin Bottoming? MVRV Falls to 1.1, Entering the ‘Cheap Zone’ That Marked Every Major Low Since 2018
Bitcoin has slipped into what analysts call a “cheap zone,” with its market value to realized value (MVRV) ratio falling to 1.1, a 27-month low. A reading of this nature has historically preceded major market bottoms. A Reading Not Seen Since 2023 Cryptoquant analysts noted that bitcoin’s MVRV ratio has dropped to about 1.1, sitting […]
Read MoreOne Week After Selling 32 BTC, Strategy Buys 1,550 More for $101 Million
Strategy has added 1,550 bitcoin to its treasury for approximately $101 million, bringing its total holdings to 845,256 BTC and its USD reserve to $1.0 billion. Executive Chairman Michael Saylor disclosed the purchase on X on June 8, 2026, sharing the company’s updated reserve figures. The announcement came exactly one week after Strategy’s first disclosed […]
Read MoreSouth Korea Halts KOSPI Trading After 8.4% Crash Trips Circuit Breaker
South Korea’s KOSPI index plunged 8.4% on Monday, triggering a rare circuit breaker that froze trading for 20 minutes as a global semiconductor selloff battered Asian markets and rattled risk assets, including crypto. A Rare Trading Halt The Korea Exchange activated a Level 1 circuit breaker at 9:03 a.m. local time, suspending trading for 20 […]
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