Strategy’s BTC Yield fell from 13.0% to 12.8% following its latest bitcoin purchase, prompting a debate on X over whether the purchase was dilutive to shareholders.
Bitcoin Cash (BCH) fell 4.1% and NEAR Protocol (NEAR) shed 4.3%, leading the index lower.
The move marks an integration of blockchain-based payments into a major live sporting and gaming event.
Bitcoin was trading at $61,700 following the news, slightly down over the past 24 hours.
“It did not work,” Botanix said. “At lest not in this market and not in this timeline.”
Your day-ahead look for June 10, 2026
Crypto markets are under pressure ahead of key U.S. inflation data due later Wednesday.
MUFG, SMBC and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins.
XRP holders are capitulating, according to data tracked by Glassnode. That suggests a bottom may be near.
The SPCX perpetual still trades above SpaceX’s $135 offer price, but it has fallen sharply from its May highs as traders mark down the first-day premium.
Anthropic’s IPO pipeline, not its new model, is what crypto traders should track.
XRP lost the $1.13 area on elevated volume, leaving traders focused on whether the latest selloff marks a final washout or the start of a deeper move toward $1.00.
The relief rally that lifted crypto off last week’s lows is unwinding alongside tech stocks and gold, with traders bracing for a US inflation print and a Warsh Fed that may stay hawkish.
Net assets of U.S.-listed spot ETFs have fallen to levels last seen just after Trump won the election in early November 2024.
The effort to push several tax bills is meant to be bipartisan, but the parties may not be comfortable with all details of the seven bills weighed by the panel.
At a panel at ETHConf, Carlos Domingo argued that bringing stocks and exchange-traded funds onchain could unlock a market far larger than today’s roughly $30 billion tokenized asset sector.
The Financial Conduct Authority proposed allowing some investment schemes to add exposure to crypto exchange-traded notes.
The most consequential crypto legislation in the world is moving forward in the U.S. Senate. As written, it leaves the United States exposed to money laundering, sanctions evasion, and conflicts of interest at the highest levels of government, argues Greytak.
Equipment-financing lender Trad.Fi is working with W3 to automate capital workflows and bring real-economy business lending onto public blockchain rails.
The deal underscores the trend of traditional asset managers backing DeFi infrastructure, following BlackRock’s Uniswap and Apollo’s Morpho investments.
Bitcoin’s growing divergence from tech stocks raises concerns as AI spending surges, says Quinn Thompson.
Uniswap (UNI), down 2.9% from Monday, joined Aave (AAVE) as an underperformer.
Bernstein said bitcoin’s increasingly diversified ownership base supports its long-term store-of-value thesis.
BlackRock is closely watching Wednesday’s CPI as an early test of how U.S.-Iran tensions are feeding into already elevated prices in the economy.
Crypto prices rose on Monday following last week’s crash, but the bears still appear to be in control.
Edwin Mata argues that EU regulations are choking local startups, leaving the U.S. and automated AI tools to run the future of tokenized finance.
Your day-ahead look for June 9, 2026
Bitcoin is little changed despite a new purchase by Strategy as risk-averse investors await U.S. inflation data and next week’s Fed meeting.
Circle unveiled cirBTC, a token backed 1:1 by the world’s largest cryptocurrency, to allow traders to use their bitcoin wealth in DeFi protocols.
USDT’s dominance rate has flashed a golden crossover in a sign of caution for the broader crypto market.