Bitcoin fell below $63,000 on Thursday as the selloff in the crypto market deepened. Summary Bitcoin dropped below $63,000 as sellers broke the May range and liquidations crossed $1.1 billion. Analysts now watch $60,000, $55,000 and $50,000 as pressure builds across Bitcoin derivatives markets. RSI and MACD readings show Bitcoin is deeply oversold, but bearish
Key Takeaways Kalshi put Santos’s State of the Union attendance near 75% before his no-show sent the odds tumbling. The DOJ and CFTC opened investigations after Santos allegedly profited in the tens of thousands. His case follows Polymarket probes over a $1.2M Google trade and a $400K bet on Maduro’s capture. A Convicted Fraudster Lands
Concerns over illicit finance remain high after reported crypto-related criminal flows jumped 162% last year. Over 160 former national security, intelligence, and law enforcement officials are pushing the U.S. Senate to advance the CLARITY Act, arguing that it would strengthen efforts to combat illicit finance in the crypto space. The appeal was made in
Coinbase plans a prediction markets platform using Kalshi’s regulated system. Users can trade USDC or USD across sports, politics, and tech events. Move aligns with Coinbase’s goal to become an “everything exchange.” Coinbase is preparing to enter the rapidly growing prediction markets sector, leveraging the regulated infrastructure of Kalshi to build its own platform. Screenshots
Israeli tax authorities have received far fewer crypto tax corrections than expected under a voluntary disclosure program that offers criminal immunity to eligible taxpayers. Summary Israel’s crypto tax disclosure program has received only 58 filings despite expectations of up to $1 billion in revenue. Globes reported that disclosures have covered about $50 million in crypto
The CEOs of several major artificial intelligence companies are urging members of Congress to adopt new laws that would make it harder for bad actors to develop biological weapons using their technology. Google DeepMind’s Demis Hassabis, OpenAI’s Sam Altman, Anthropic’s Dario Amodei, and Microsoft AI’s Mustafa Suleyman are among the signatories on a public letter
Key Takeaways Peirce questioned whether securities rules should cover blockchains, validators, developers, and neutral software. Regulators could focus more on custody, control, and discretion than infrastructure alone. Builders may face pressure to improve audits, key management, disclosures, and security safeguards. Why the SEC’s Blockchain Boundary Fight Could Reshape Crypto Rules A June 3 speech from
In crypto news today (June 3), crypto is proving the old adage of ‘Sell in May and go away,’ as June continues its bearish trend throughout crypto. Bitcoin crashed below $67,000 overnight, falling by -4.2% over the past 24 hours. The crash caused more than $1.8Bn in daily liquidations, with over $1.54Bn of that figure
Ether holders on the exchange can borrow up to $1M in USDC using ETH as collateral. That ensures access to liquidity/cash without selling their holdings. The service is available in all US states, excluding New York. Leading exchange Coinbase has introduced a new feature that will likely reduce selling pressure amid the current broader crypto
Worldcoin price has surged over 40% since late May after whale activity and network growth climbed to their highest levels of 2026, strengthening the case for a move toward the next major resistance zone near $0.65. Summary Worldcoin has surged more than 40% since late May as whale transactions, active addresses, and new wallet creation