Bitcoin news today: price crashed to $58,100 on Thursday, its lowest level since September 2024, after a hotter-than-expected inflation reading effectively buried near-term Federal Reserve rate-cut expectations and triggered more than $1.26Bn in crypto liquidations across 209,000 traders. The selloff was sharp enough to reprice prediction markets overnight: on Polymarket, a decentralized prediction platform where
A conditional national trust bank charter, a pending Federal Reserve master account, and a string of acquisitions in brokerage, payments, and treasury. Ripple is assembling a full regulated-finance stack. The benefits flow first to its stablecoin and the company itself. What is left for XRP is the question. Summary Ripple has assembled a full regulated-finance
Coinbase’s Base blockchain went dark for nearly two hours on Thursday after a single invalid block triggered a consensus failure that froze the entire network, and the incident has reignited a blunt question about whether the most-used Ethereum Layer 2 is actually ready for the 24/7 global finance role its creators are pitching. No funds
XRP and ADA have been bleeding heavily, while Pi Network’s community has set its attention on Sunday (June 28). The cryptocurrency market just can’t catch a break, sliding into yet another sharp pullback several hours ago. Ripple’s XRP tumbled to its lowest level since late 2024, while Cardano’s ADA fared even worse. Meanwhile, Pi
Bitcoin briefly fell below $59,000 late Thursday as selling pressure spread across the crypto market. Summary Bitcoin’s break below $59K came as ETF outflows and long liquidations deepened pressure across markets. Short-term holders are sending BTC to exchanges at a loss, raising capitulation and seller-exhaustion questions. Technical indicators remain fragile, with RSI near oversold and
Meanwhile, the project’s native token continues to flirt with ATL levels. With just a couple of days left to the second most anticipated day throughout the year for Pioneers, the team behind the protocol published a new vibe coder campaign. It will allow users to participate by joining relevant creator or developer communities, and
Binance will stop providing services to clients in the European Union from next week after failing to secure a Markets in Crypto-Assets licence before the deadline, according to a Financial Times report. Summary Binance may stop EU services next week after missing the bloc’s full MiCA licensing deadline. The exchange says assets remain safe while
StablecoinX has completed its merger with TLGY Acquisition Corp., giving the Ethena-focused stablecoin infrastructure firm a Nasdaq listing under the ticker USDE. Summary StablecoinX reaches Nasdaq as USDe supply sits far below its October peak, testing investor demand. The firm holds about $275m in ENA, linking its public-market story directly to Ethena’s token. Three planned
“Shib is old, dead and boring. Maybe in 5-10yrs a bit of nostalgia will bring it back,” James Wynn stated. The self-proclaimed Dogecoin killer followed the red wave sweeping through the broader crypto market, with its price collapsing to its lowest level since May 2021. In a sudden twist of events, though, it reclaimed
Aave founder Stani Kulechov has rejected reports suggesting Aave would sell AAVE tokens to Kraken at a roughly 70% discount, while confirming that discussions around long-term strategic partnerships have taken place. Summary Stani Kulechov rejected claims that Aave would sell AAVE tokens to Kraken at a roughly 70% discount. Kulechov said all Aave Protocol revenue