June 29, 2026

Bitcoin

Bitcoin

Bitcoin Falls to $65,710 as Record ETF Outflows and Strategy Sale Rattle Market

Key Takeaways Bitcoin dropped close to $65,700 on June 3, hitting another intraday low after $66,346. Spot bitcoin ETFs bled an estimated $3.5 billion in their longest outflow streak since 2024. Traders are now watching the $60,000 support level after Strategy disclosed its first BTC sale in nearly four years. A Broad Crypto Rout Gathers

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Bitcoin

Binance Research Links Bitcoin Weakness to Record S&P 500 Capital Inflow

Key Takeaways Binance Research says Bitcoin’s 11% Q2 2026 drop tracks capital rotating into AI and energy. Cboe Dispersion Index hit 42, suggesting U.S. stock gains are concentrated in a few sectors. Binance Research says bitcoin often bottoms within 0-20 weeks absent a crypto crisis. Cboe Dispersion Index Hits 42 as Bitcoin Competes With AI

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Bitcoin

NBI, SEC Arrest SEC Director for Extortion

The National Bureau of Investigation (NBI), in coordination with the Securities and Exchange Commission (SEC), arrested an SEC director for allegedly extorting funds from a private corporation. The statement was sent to media outlets including BitPinas. Following the arrest during an entrapment operation, the Commission placed the director under preventive suspension while the investigation is

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Bitcoin

Bitcoin Treasury Companies Face a Borrow-or-Sell Test

Key Takeaways Strategy sold 32 BTC as traders assessed corporate treasury liquidity decisions. Dividend obligations are increasing scrutiny on reserves, borrowing options, and BTC exposure. Institutional credit structures could reduce forced selling among bitcoin treasury companies. Bitcoin Treasuries Face a New Borrow-or-Sell Test Strategy’s bitcoin sale drew attention less for its size than for what

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Bitcoin

COMELEC Excludes Blockchain From Proposed 2028 Election Budget

The Commission on Elections (COMELEC) has removed blockchain technology components and voter verification systems from its proposed budget for the 2028 general elections, cutting its initial ₱25-billion proposal by approximately ₱6 billion. COMELEC Chairman George Garcia announced yesterday that the decision followed recommendations from the Department of Budget and Management (DBM) to reduce the poll

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Bitcoin

Coinbase Enables Stablecoin Payments Across Checkout.com’s 1,000+ Merchant Network

Key Takeaways Coinbase is expanding stablecoin payments through Checkout.com’s merchant network. Merchants can accept USDC and USDT while settling in dollars. The rollout could test stablecoin demand in mainstream commerce. Checkout.com Partnership Pushes Stablecoins Deeper Into Enterprise Commerce Crypto exchange Coinbase (Nasdaq: COIN) announced on June 2 that Checkout.com is enabling stablecoin acceptance for eligible

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Bitcoin

Polymarket Lands 2026 Germany Deal Before FIFA World Cup as European Market Access Stalls

Key Takeaways Polymarket inked an exclusive OneFootball partnership reaching 200M monthly users before the FIFA World Cup Germany is excluded from the OneFootball deal as Polymarket holds no German gaming license The agreement is Polymarket’s sixth major football partnership in five months ahead of the 2026 World Cup Prediction Market’s Biggest Football Distribution Deal Skips

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Bitcoin

Blackrock IBIT Sheds $440M as Bitcoin ETF Outflows Reach 11 Days

Key Takeaways Bitcoin ETFs lost $483.8M on June 1, with Blackrock IBIT leading outflows at $440.3M. Ether ETFs saw a 15th straight outflow day, as Blackrock ETHA shed $35.0M. XRP and HYPE ETFs gained $5.4M combined, signaling selective institutional demand. XRP ETFs Add $4.1M as Bitcoin and Ether Funds Lose $528M Combined June began with

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Bitcoin

Altcoin Season Index at 49 — Traders Need Bitcoin Dominance Below 55% to Trigger Rotation

Key Takeaways Bitcoin fell below $68,000 on June 2, 2026, pulling bitcoin dominance ( BTC.D) down to roughly 58%. Blockchain Center’s Altcoin Season Index reads 49, still 26 points below the 75 threshold for confirmation. A sustained BTC.D break below 55% is needed before a broad altcoin rotation can be confirmed. Bitcoin Dominance Slides as

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Bitcoin

Citron’s Andrew Left Convicted of Securities Fraud

Key Takeaways Andrew Left of Citron Research was convicted on 13 of 17 securities fraud counts on June 1. Prosecutors said Left made more than $20 million moving stocks with posts from 2018 to 2023. Left faces up to 25 years in prison and signaled an appeal, calling the verdict wrong. A Landmark Case Over

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