Key Takeaways Hut 8 priced $4.25B of 6.129% notes to fund its 352MW Beacon Point AI campus. The Texas project highlights Hut 8’s shift from bitcoin mining to AI infrastructure. Beacon Point will be rented to a tenant rated AA- or higher. Hut 8 Raises $4.25B to Expand AI Infrastructure Beyond Bitcoin Mining Hut 8
Bitcoin fell below the $60,000 mark on Friday, June 5, 2026, recording its lowest level since the beginning of 2026 as a selloff wave spread across the crypto market. Downward pressure came from a record streak of outflows from US spot Bitcoin ETFs, a repricing of Fed interest rate expectations following a stronger-than-expected jobs report,
Polymarket currently has open assassination markets on its website and they’re some of the most heavily traded markets on the platform. Source link
The ETFs were somehow in the green during one of the worst weeks in terms of price moves in recent crypto history. It was a painful week, no matter how you look at it or which cryptocurrency asset you support. Ripple’s XRP, arguably one of the alts with the biggest and loudest community, was
I’d like to believe I’m organized. Reality suggests otherwise. I’ve left my smartphone in the refrigerator and spent hours searching for it. I’ve misplaced my AirPods and Oura Ring for days at a time. I once lost my house key for three months, only to find it in one of my hoodies. My typical strategy
U.S. spot Bitcoin ETFs returned to net outflows on Friday after briefly snapping a record withdrawal streak, with BlackRock’s IBIT leading the declines as Bitcoin fell below the key $60,000 support level and investor sentiment deteriorated. Summary Bitcoin ETFs posted $325.7 million in outflows, led by BlackRock’s IBIT with $213.7 million withdrawn.. Bitcoin price fell
Key Takeaways Travala launched a protocol on June 5, enabling AI agents to autonomously book over 2.2 million hotels. Morgan Stanley predicts agentic retail spending will hit 20% by 2030 as autonomous trades scale. Travala plans to expand its Base blockchain-powered automated protocol to support flight bookings next. Incentives and the Rise of Agentic Commerce
Nigel Farage aide George Cottrell bet $41K that a US-Iran ceasefire won’t happen until late June, contradicting Reform UK’s current stance. Source link
Strategy and Bitmine lead the pack with massive unrealized losses. The past week or so has been nothing short of a bloodbath in the cryptocurrency markets, with bitcoin plummeting to $59,000 on Friday for the first time in 19 months. Aside from losing more than $20,000 in approximately three weeks, BTC’s calamity dragged almost
Online speculation has tied Bitcoin’s latest drop to retail demand for SpaceX’s record IPO, but crypto flow data has not shown clear evidence of a mass cash exit. Summary Online speculation linked Bitcoin’s recent drop to retail demand for SpaceX’s record IPO. CryptoQuant data showed no unusual USDC or Tether outflows during the selloff. Bitcoin