The bitcoin ETF bleed has spread across crypto. U.S. spot bitcoin funds shed another $396.60 million on Wednesday, extending a record outflow streak to 13 straight sessions and a $4.37 billion drain since mid-May, while ether, solana and XRP products joined the redemption wave. Hyperliquid’s spot HYPE ETF was the only major crypto fund still […]
Archives for June 3, 2026
XRP Already Powers Real Banking Activity, Says Evernorth, With More Growth Expected
Evernorth says daily activity on the XRP Ledger has climbed to nearly 3 million transactions, up from about 1 million in mid-2025, and the firm is now pointing to banks and other financial companies as the next source of demand. Real Banks Are Moving In According to the XRP-focused treasury company, some of the busiest […]
Crypto Is A ‘Failed’ Asset Class, Says Renowned Economist
Economist and macro trader Alex Krüger has argued that “crypto” has largely failed as an asset class, even as blockchain-based adoption accelerates across stablecoins, tokenization, prediction markets, perps, AI and privacy-focused assets. In a post on X, Krüger drew a sharp distinction between the speculative crypto market of recent cycles and the parts of the […]
Bleeding Bitcoin Holders Signal Stress — $60K Becomes Critical Battleground
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits […]
XRP Price Takes Another Hit As Bitcoin-Led Weakness Spreads Across Crypto
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance […]
Smart Money Keeps Buying HYPE Despite Rising Market Fear – Price Holds Above $70 Level
HYPE is trading above $70 as the market faces selling pressure and uncertainty that has weighed on most crypto assets throughout recent sessions. The token’s ability to hold above that level while the broader ecosystem struggles is itself a signal — but Arkham Intelligence data has revealed a pair of institutional transactions that add a […]
Ethereum Price Plunges Under $1,800, Leaving Bulls On The Ropes
Ethereum price started a fresh decline and traded below $1,800. ETH is now consolidating below $1,800 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $1,840. The price is trading below $1,800 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance […]
Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out
Bitcoin briefly plunged below $62,000 Thursday morning Hong Kong time, triggering more than $1.5 billion in leveraged crypto liquidations over the past 24 hours as a wave of forced selling accelerated the market’s steepest decline in months. More than 208,000 traders were liquidated across crypto markets, according to CoinGlass data, with bitcoin accounting for over […]
Live Markets: Bitcoin crashes to $62,000 as billions of longs get liquidated
Panic has crept back into the crypto market, as bitcoin continues its decline to $62,000, spurring demand for options bets that protect against potential price losses below $50,000. In the past 24 hours, the $50,000 strike put expiring on June 26 is the most traded bet on Deribit, the world’s largest crypto options exchange by […]
Bitcoin Traders Turn Most Fearful In 2 Months Following Crash
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been […]
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