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CoinDesk

Bitcoin’s slide has no single cause. AI, tech IPOs, quantum, Strategy sale all play a role, NYDIG says

June 7, 2026 by kamal

Not one, but several overlapping headwinds are hitting the crypto market at once, weighing on bitcoin’s price, the firm’s head of research Greg Cipolaro said.

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Abra’s Bill Barhydt says Wall Street’s next crypto bet is tokenization

June 7, 2026 by kamal

As Abra prepares for a Nasdaq debut, CEO Bill Barhydt is betting tokenized yield products and onchain lending will drive the next phase of crypto wealth management.

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Ethereum Foundation cuts and departures aren’t a crisis, Joe Lubin says

June 7, 2026 by kamal

The Consensys leader told CoinDesk the Ethereum Foundation’s role should be narrower and more focused on stewarding the network’s core technology and values.

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Bitcoin, ether eye worst weekly rout since FTX collapse as cryptos shed $390 billion

June 6, 2026 by kamal

A week that began with Strategy’s bitcoin sale ended with one of the largest crypto market drawdowns in years.

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Meta is paying creators in Stablecoins. Spending them is someone else’s problem

June 6, 2026 by kamal

Meta’s decision to pay creators in USDC validates stablecoins as a mainstream disbursement tool, Joslyn suggests, but it also exposes the industry’s unresolved problem: moving seamlessly from digital dollars to usable local currency.

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America’s largest banks are building a new digital currency network to stop a massive deposit drain

June 6, 2026 by kamal

America’s biggest banks are launching tokenized deposits to compete with stablecoins, opening a new front in the race to become the dominant form of cash on blockchain networks.

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A crypto pioneer who turned a $20 million family stake into a billion-dollar fund doubles down on bitcoin

June 6, 2026 by kamal

Sourcing initial capital from his mother to build a $1 billion crypto empire, DFG CEO James Wo says market metrics do not support Tom Lee’s $250,000 ether prediction.

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Satoshi-era bitcoin at center of $285 billion lawsuit moves after 14 years

June 6, 2026 by kamal

The 1LwWt address received a legal notice from Salomon Brothers via Bitcoin’s OP_RETURN field in July 2025 demanding the owner prove ownership by November 5, 2025.

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A massive hiring wave reveals trading firms are no longer viewing Polymarket as a niche betting tool

June 6, 2026 by kamal

While rising volume on Polymarket and Kalshi is attracting quantitative firms to prediction markets, they aren’t focusing on event outcomes; rather, they’re exploiting market inefficiencies for profit.

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Michael Saylor’s rallying cry: Bitcoin needs four forces to win

June 6, 2026 by kamal

The Strategy executive chairman argued that four distinct camps each play a vital role in bitcoin’s long-term success.

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Are retail traders selling their bitcoin to buy the SpaceX IPO?

June 6, 2026 by kamal

Exchange flows and stablecoin movements through this week’s sell-off show no wall of money leaving crypto for cash. Exchanges such as Robinhood and Coinbase will not publicly reporting their figures until July.

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Researcher who found Zcash’s bug with AI adds Monero to his audit queue

June 6, 2026 by kamal

Taylor Hornby, who uncovered the Orchard flaw that sent Zcash down 38%, says other privacy coins are on his list too.

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WLD plunges 20% as Hayes dumps token a day after saying he would keep holding it

June 6, 2026 by kamal

The BitMEX co-founder and Maelstrom CIO cited a falling chart of SpaceX stock, which does not begin trading until June 12, as Worldcoin slid about 10%.

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Bitcoin back above $61,000 after rout leads to $1.6 billion liquidations

June 6, 2026 by kamal

Bitcoin fell as low as $59,227 overnight before recovering, steadying after Friday’s strong jobs report set off a selloff that sank the Nasdaq 100 about 5% and rattled stocks, bonds and crypto together.

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Cardano social activity surges as ADA falls under 20 cents to four-year lows

June 6, 2026 by kamal

Santiment data show active addresses at a four-month high and social dominance near a 2026 peak after Charles Hoskinson warned of a “wave of failures” in the ecosystem.

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Why diehard bitcoin purists aren’t sweating the massive price crash that wiped out $200 billion

June 5, 2026 by kamal

Mati Greenspan, Michael Saylor and Jameson Lopp blamed the AI boom for draining capital from bitcoin. Meanwhile, Jack Mallers refrained from sharing an outlook but recommended buying the dip.

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AI exposed a massive flaw in top crypto network and experts warn banks could be next

June 5, 2026 by kamal

After an AI model helped uncover a four-year-old flaw in Zcash, security researchers warn that similar bugs may be hiding across crypto and traditional financial systems.

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BlackRock-backed tokenization firm Securitize clears key hurdle to go public on NYSE

June 5, 2026 by kamal

The tokenization specialist behind BlackRock’s BUIDL fund could begin trading on the NYSE as SEC approves merger registration.

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Memecoins dogecoin, shiba inu dive 9% as bitcoin nears $60,000

June 5, 2026 by kamal

Dogecoin and Shiba Inu led losses among major tokens as heavy volume and liquidations overwhelmed support levels, extending a broader risk-off move across crypto markets.

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U.S. House tax committee weighs crypto bills, including relief for small transactions

June 5, 2026 by kamal

Seven draft bills are being circulated by the House Ways and Means Committee ahead of a hearing next week, including proposals to ease small-gain, mining and staking burdens.

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Alsobrooks says Clarity Act needs ethics deal before Senate vote

June 5, 2026 by kamal

The Maryland Democrat says bipartisan crypto legislation is close, but ethics and illicit finance concerns remain unresolved.

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Bitcoin loses $60,000, falls to weakest price since October 2024

June 5, 2026 by kamal

Several headwinds converged over bitcoin recently as its largest buyer turned seller, ETF investors headed for the exits, and rate-hike fears rose.

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XRP falls toward $1.10 as liquidation-driven selloff pushes token to multi-month lows

June 5, 2026 by kamal

XRP lost another 5% after a high-volume breakdown overwhelmed support near $1.20, leaving traders focused on whether the latest washout marks capitulation or the start of a deeper slide.

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CoinDesk 20 performance update: Bitcoin (BTC) price drops 2.8% as index declines

June 5, 2026 by kamal

All twenty constituents in the CoinDesk 20 index were trading lower since yesterday.

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U.S. job growth blows past forecasts, setting stage for Fed rate hikes

June 5, 2026 by kamal

Bitcoin is now facing another headwind — the prospect of higher interest rates.

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Bearish zcash bets hit record high as privacy token’s price crashes

June 5, 2026 by kamal

Liquidations were small relative to the size of the decline, pointing to spot selling rather than a leverage cascade, while open interest in ZEC futures climbed to a record high in token terms as traders crowded into the slide from the short side.

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Live updates: bitcoin below $62,000 as blowout jobs data, Zcash bug keeps pressure on crypto

June 5, 2026 by kamal

Zcash plummeted 40% after Shielded Labs revealed a major bug that went undetected for 4 years.

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Arthur Hayes dumps zcash holdings after Orchard Pool vulnerability revealed

June 5, 2026 by kamal

Hayes said he would reconsider his stance if his assumptions that an exploit is still possible prove to be incorrect.

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Bitcoin sentiment hit peak bearishness at recent lows, peak bullishness near tops

June 5, 2026 by kamal

Your day-ahead look for June 5, 2026

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Crypto’s worst week since July 2024 deepens as bitcoin, ether near critical price levels

June 5, 2026 by kamal

Crypto is on course for its worst week since July 2024, with the ether price approaching a critical support as a zcash exploit and AI capital rotation pile on the pressure.

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