Key Takeaways Bitcoin fell about 17.3% on the week ending June 6, while ether dropped 22%, the steepest declines for both assets since November 2022. Roughly $390 billion in value vanished and near $7 billion in leveraged positions were liquidated. Investors pulled about $5.5 billion from U.S. spot bitcoin ETFs over 13 straight days of
Key Takeaways Morpho raised $175M from Paradigm, A16z Crypto, and Ribbit at a $2B valuation. Morpho’s $6.6B TVL highlights rising institutional demand for DeFi lending. Paul Frambot aims to scale Morpho from crypto markets to Wall Street finance. Morpho Targets Institutional Finance as TVL Hits $6.6B Morpho has raised $175 million in fresh funding, giving
Key Takeaways On June 9, Masspay expanded its integration with Circle to allow automated, digital asset-free stablecoin payments. The alliance targets fintechs and B2B enterprises to scale 100% compliant, programmable cross-border payments. Legacy platforms face pressure to shift, as Masspay looks to transition global treasury into fully digital workflows. Abstracting Blockchain Complexity Global payouts platform
Thirteen individuals accused of operating a cryptocurrency investment scam in Mandaluyong City have been sentenced to three years in prison after pleading guilty to a lesser offense. The individuals entered their pleas during an arraignment and pre-trial hearing at the Mandaluyong City Regional Trial Court Branch 211 on May 26, 2026. The accused were initially
Key Takeaways SpaceX’s IPO could reveal whether investors still trust massive private-market valuations. Devere says the hardest test begins after the stock starts trading publicly. Weak results could pressure other high-profile technology valuations tied to AI enthusiasm. SpaceX’s June Debut Could Test Public Demand for Historic IPO SpaceX’s long-awaited stock market debut is shaping up
Key Takeaways Glassnode reported XRP’s 90-day network fee average dropped 91.5%, signaling sharply lower activity. Falling transaction demand suggests network usage has weakened significantly since early 2025. Earlier data showed rising profit-taking and declining holder profitability, adding pressure. XRP’s Fee Collapse Raises Questions About Real Network Demand XRP’s on-chain activity is flashing a sharper warning
ADI Predictstreet went live June 8 and now trades in 23 U.S. states via Fanatics Markets. Gibraltar granted ADI its first prediction-market license in a reported nine days. ADI traces to Abu Dhabi’s IHC through Finstreet; CEO Psarrakis denies 2022 Qatargate links. A FIFA-branded market enters a crowded U.S. field ADI Predictstreet went live on
Key Takeaways Anthropic’s Claude Fable 5 launches at $10 per million input tokens, cutting Mythos Preview pricing by more than 50%. Stripe compressed 2+ months of engineering work into 1 day using Fable 5 on a 50-million-line Ruby codebase. Fable 5 is free on Pro and Team plans through June 22, after which usage credits
Key Takeaways XRP holders are accepting losses more often as market confidence fades. Glassnode says current behavior reflects a period of intense investor capitulation. A sustained recovery may depend on stronger demand and improving market sentiment. Glassnode Data Shows XRP Holders Are Realizing More Losses Than Gains XRP investor behavior has shifted sharply since the
Key Takeaways Checkonchain founder James Check says bitcoin’s “time pain” process removes sellers before any major move, leaving no forced liquidation pressure. Bank of America triggered 70% of its bear-market indicators in June 2026, lowering its S&P 500 year-end target to 7,100. Morningstar valued SpaceX at $780B, roughly 48% below private market prices, citing net