Coins

Bitcoin ETFs Shed 2 Million As 15-Day Streak Ends

Bitcoin ETFs Shed $342 Million As 15-Day Streak Ends

In brief Bitcoin ETFs saw $342.2 million in outflows, ending a 15-day, $4.7 billion inflow streak as rate cut hopes dimmed. Fidelity’s FBTC led redemptions with $172.7 million, while Powell blamed Trump’s tariffs for delaying Fed easing. Despite the pullback, analysts say institutional interest remains intact, with investors pausing, not exiting. Bitcoin exchange-traded funds hemorrhaged […]

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Coinbase Sags After Dual Blow of Supreme Court Decision, Ark Share Sale

Coinbase Sags After Dual Blow of Supreme Court Decision, Ark Share Sale

In brief Coinbase stock dropped 1.35% to $345.79 the day after the Supreme Court declined to hear its appeal challenging IRS access to user transaction data without specific targets. ARK Invest sold $95 million worth of COIN shares on Monday as part of a portfolio rebalancing across three ETFs, creating selling pressure. Despite recent setbacks,

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Trump Threatens to Turn DOGE Against Former Chief Elon Musk

Trump Threatens to Turn DOGE Against Former Chief Elon Musk

In brief Trump accused Musk of relying on historic government subsidies and hinted at agency changes. The feud comes despite their former alliance on DOGE, a federal efficiency agency the pair helped create. It follows broader tensions over crypto, debt policy, and overlapping business interests. President Donald Trump intensified his public rift with Elon Musk

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Largest Bitcoin Leverage Unwind in Nearly a Year Triggered by Iran-Israel Tensions

Largest Bitcoin Leverage Unwind in Nearly a Year Triggered by Iran-Israel Tensions

In brief Bitcoin rebounded above $105,000 following news of an Iran-Israel ceasefire, after dropping below $100,000 over the weekend. Bitcoin’s volatility index hit its lowest level since October 2023 at 39.15, with traders expecting stable prices around $105,000 heading into Friday’s monthly options expiry. Derivatives traders remain cautious despite the recovery, with Bitcoin perpetual futures

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Crypto Scam Markets Thrive Again After Telegram’s Cleanup Attempt: Report

Crypto Scam Markets Thrive Again After Telegram’s Cleanup Attempt: Report

In brief Tudou Guarantee’s transaction volume exceeded 300,000 by June 15, quickly replacing Huione Guarantee after its May 13 ban. USDT transactions on Huione collapsed to near zero, but over 30 successor markets are now active on Telegram, Elliptic found. Platforms like Shuangying and Fully Light more than tripled in size, pointing to the rapid

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How AI Is Has Turned Propaganda Into a Potent Weapon

How AI Is Has Turned Propaganda Into a Potent Weapon

In brief AI-generated war footage went viral after Iran’s missile strikes, spreading false scenes of destruction in Israel. Forensic experts say the most-viewed videos were deepfakes with some created using Google’s new video model. Both state actors and online partisans are flooding social media with synthetic personas and manipulated content. The wildest clips from Iran’s

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Bitcoin, Ethereum and XRP Spike as Trump Says Iran and Israel Agree to Ceasefire

Bitcoin, Ethereum and XRP Spike as Trump Says Iran and Israel Agree to Ceasefire

Cryptocurrency prices spiked early Monday evening as President Donald Trump said on social media that Iran and Israel have agreed to a ceasefire, purportedly putting an end to days of bombing. Bitcoin is up 5% on the day, topping $105,000 following a quick surge just now following Trump’s announcement. The price of the leading cryptocurrency

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Midnight Network Plots NIGHT Airdrop for Users of Bitcoin, Ethereum, Cardano and Beyond

Midnight Network Plots NIGHT Airdrop for Users of Bitcoin, Ethereum, Cardano and Beyond

In brief Midnight Network will hand out its NIGHT token to holders of Bitcoin, Ethereum, XRP, Cardano, and more. The privacy-focused blockchain will make 100% of its 24 billion tokens available to claimers. Eligible users include those with at least $100 worth of supported assets as of a June 11 snapshot. Midnight Network, a privacy

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