Key Takeaways UAE’s ASK Group and Keeta launched a joint venture to tokenize physical Gulf assets by 2027. Keeta’s Layer 1 blockchain speeds up global remittances, processing 11.2 million transactions per second. ASK Group will scale this regulatory and commodity tokenization blueprint across the MEA region and India. Gulf Commodities to Go Digital A United
In today’s crypto news (June 10), Bitcoin ended a few days of positive price action by crashing nearly -3% overnight, to $61,000, before recovering to $61,500. However, traders are seemingly learning, as there wasn’t a huge liquidation event during the BTC drop, with just $400M in positions wiped out, though more than $300M of that
A fake Uniswap website promoted via Google Ads drained a six figure dollar amount worth of crypto savings from a Polymarket trader. Source link
BTC has transitioned out of the accumulation phase that drove its rally earlier this year and entered a distribution regime driven by ETF outflows and macroeconomic conditions. The bullish impulse of the Bitcoin market has exhausted itself, and bitcoin has now entered a distribution phase. This can be seen in investors increasingly selling into
Anthropic is backtracking on a policy that would have covertly limited competitors from using its new AI model, Claude Fable 5, to develop other AI models. The company changed course after the move received significant backlash from the AI research community. “We’re changing Fable 5’s safeguards for frontier LLM development to make them visible,” Anthropic
XRP prices surged to $3.04 the previous day, but subsequently retreated to $2.94, encountering short-term resistance. The recent surge was primarily driven by rising expectations for an ETF and active institutional investors in the derivatives market. XRP futures contracts listed on the Chicago Mercantile Exchange (CME) have reached 386 million XRP, a 74% increase from
Iran’s main military command has closed the Strait of Hormuz to all vessels after fresh US attacks. Summary Iran’s Khatam al-Anbiya command said the Strait of Hormuz is closed to all vessels until further notice. Iranian media reported that Revolutionary Guards forces hit two ships attempting to pass through the waterway. US Central Command said
BTC generates almost all of its returns over short bursts, cramming its rallies into brief sprints that leave many investors sidelined. Source link
Key Takeaways Draper argued banks face greater quantum risks than decentralized blockchain networks. Legacy systems may struggle as computing power challenges modern banking and payment security. Retail bitcoin adoption could intensify competition with government-issued currencies. Tim Draper Revives Bitcoin Security Thesis as Quantum Fears Shift Toward Banks Venture capitalist and longtime bitcoin investor Tim Draper
In EU crypto news, within 24 hours of each other, Russia and the European Union each moved to restrict the same class of crypto assets, for completely opposite reasons. Russia’s Deputy Finance Minister Ivan Chebeskov, speaking at the St. Petersburg International Economic Forum on June 9, 2026, announced fees of 0.5–3% on assets classified as