Bitcoin Price Plunges Below $62,000, Erasing Months of Recovery as Sell-Off Accelerates
Bitcoin Magazine Bitcoin Price Plunges Below $62,000, Erasing Months of Recovery as Sell-Off Accelerates Bitcoin price has tumbled to its lowest level in months Wednesday night, crashing below $62,000 and wiping out a sharp intraday loss of more than $5,300. This post Bitcoin Price Plunges Below $62,000, Erasing Months of Recovery as Sell-Off...
By Micah Zimmerman 6/4/2026, 2:21:50 AM
Commerzbank contacts German regulator over UniCredit stake buildup
The situation underscores the complexities of cross-border banking mergers, highlighting regulatory challenges and national economic sensitivities. The post Commerzbank contacts German regulator over UniCredit stake buildup appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 2:18:58 AM
SpaceX wins 35-year tax exemption for $55B AI chip plant as Grimes County residents push back
The tax exemption for SpaceX's AI chip plant highlights tensions between economic incentives and local community concerns over environmental and infrastructural impacts. The post SpaceX wins 35-year tax exemption for $55B AI chip plant as Grimes County residents push back appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 2:18:20 AM
Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out
Presto Research says bitcoin's drawdowns this year have coincided with rallies in AI stocks and gold as markets scale back expectations for Fed rate cuts.
By Sam Reynolds 6/4/2026, 2:13:28 AM
Live Markets: Bitcoin crashes to $62,000 as billions of longs get liquidated
Analysts and market observers are saying bitcoin's crash is happening due to traders chasing momentum and rotating out of crypto and into high-flying IPOs and AI stocks.
By Omkar Godbole 6/4/2026, 2:11:08 AM
Geoffrey Hinton: AI may already be conscious, superintelligence is expected in two decades, and rapid advancements are reshaping mathematics | Big Technology
AI chatbots may already possess consciousness, challenging our understanding of intelligence and sparking ethical debates. The post Geoffrey Hinton: AI may already be conscious, superintelligence is expected in two decades, and rapid advancements are reshaping mathematics | Big Technology appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 2:05:49 AM
Bitcoin Traders Turn Most Fearful In 2 Months Following Crash
Data shows the sentiment in the cryptocurrency sector has plummeted deep into extreme fear as Bitcoin and other assets have crashed. Bitcoin Fear & Greed Index Has Dropped To A Low Of 11 The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment present among traders in the Bitcoin and wider...
By Keshav Verma 6/4/2026, 2:00:23 AM
$1.2B Liquidated as Bitcoin Tests $62.5K Support Amid Sharp Crypto Selloff
Bitcoin hovered under the $63,000 mark late June 3 after a steep selloff erased more than $1.2 billion in leveraged crypto positions during the past 24 hours. Data from Coinglass shows total liquidations reached approximately $1.12 billion over the last day, with long traders absorbing the overwhelming majority of the damage. Nearly $949 million...
By Jamie Redman 6/4/2026, 1:56:40 AM
Bitcoin Price 10% Selloff Sparks Fears Of A Deeper Breakdown
Bitcoin price started a fresh decline below the $68,000 zone. BTC is down over 10% and might continue to move down if it dips below $62,000. Bitcoin failed to stay above $68,500 and extended losses. The price is trading below $65,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance near $65,200 on the...
By Aayush Jindal 6/4/2026, 1:56:20 AM
Broadcom shares fall 4% despite record $22B revenue and 143% AI chip growth
Despite impressive AI growth, Broadcom's stock dip highlights market skepticism about sustaining momentum and meeting ambitious future targets. The post Broadcom shares fall 4% despite record $22B revenue and 143% AI chip growth appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 1:55:20 AM
Steve Hilton’s strong showing signals shift in California primary
Hilton's rise may reshape California's political landscape, challenging Democratic dominance and influencing future electoral strategies. The post Steve Hilton’s strong showing signals shift in California primary appeared first on Crypto Briefing.
By Estefano Gomez 6/4/2026, 1:33:47 AM
SpaceX targets $1.8T valuation in historic IPO, solidifying Musk’s control
SpaceX's IPO could reshape market dynamics, concentrating power with Musk while potentially impacting tech and growth stock allocations. The post SpaceX targets $1.8T valuation in historic IPO, solidifying Musk’s control appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 1:33:04 AM
US business groups urge government to boost memory chip supply amid AI boom
The AI-driven memory chip demand surge risks economic disruption, prompting calls for policy intervention to stabilize supply and prices. The post US business groups urge government to boost memory chip supply amid AI boom appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 1:32:38 AM
Trump administration seeks to end Russian oil waivers as soon as possible, Rubio tells Senate
Ending Russian oil waivers could spike global oil prices, impacting inflation, monetary policy, and reducing demand for speculative assets. The post Trump administration seeks to end Russian oil waivers as soon as possible, Rubio tells Senate appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 1:32:10 AM
Bitcoin tanks below $63,000 for the first time since February as price selloff deepens
The selloff has triggered demand for protective options plays, pushing the fear gauge higher.
By Omkar Godbole 6/4/2026, 1:30:53 AM
Dogecoin Price Just Entered A Critical Level, But Analyst Says It’s Not Time To Buy
Dogecoin has returned to a major long-term level on the monthly chart, setting up another important test for the meme coin after months of weak price action. The setup was initially noted by crypto analyst Trader Tardigrade on X, who argued that DOGE is now sitting at a critical resistance zone where previous rallies have […]
By Scott Matherson 6/4/2026, 1:30:43 AM
Robert Kiyosaki Asks How Government Taking 40% of Your Money Still Ends up Trillions in Debt
Robert Kiyosaki questioned how a government that takes “40% of everyone’s money” can still accumulate massive debt. The Rich Dad Poor Dad author pointed to America’s growing debt burden, arguing that strong tax collections have not prevented Washington from borrowing heavily. Rich Dad Poor Dad Author Turns a 40% Tax Claim Into a Debt Warning […]
By Kevin Helms 6/4/2026, 1:30:36 AM
Federal Reserve’s Logan flags investment slowdown in border regions as USMCA review looms
Investment slowdown in border regions may signal broader economic uncertainty, potentially impacting trade dynamics and regional growth. The post Federal Reserve’s Logan flags investment slowdown in border regions as USMCA review looms appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 1:07:55 AM
Bitcoin falls below $64,000, triggers $1.1B in liquidations
The drop in Bitcoin's price highlights increased market volatility and uncertainty, potentially affecting future investment and regulatory landscapes. The post Bitcoin falls below $64,000, triggers $1.1B in liquidations appeared first on Crypto Briefing.
By Estefano Gomez 6/4/2026, 1:07:53 AM
BlackRock Investment Institute maintains overweight US equities stance ahead of midyear forum
BlackRock's stance on US equities highlights AI's transformative economic impact, potentially reshaping global investment strategies. The post BlackRock Investment Institute maintains overweight US equities stance ahead of midyear forum appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 1:06:35 AM
Bitcoin crashes under $63,000 amid market volatility: WatcherGuru
The Bitcoin price drop signals increased market caution and uncertainty, potentially impacting investor confidence and future price recovery. The post Bitcoin crashes under $63,000 amid market volatility: WatcherGuru appeared first on Crypto Briefing.
By Estefano Gomez 6/4/2026, 1:06:32 AM
Ethereum Weakness May Be Final Phase Before Next Market Expansion
Ethereum is being watched for what one analyst sees as a possible last stretch of weakness before a larger move higher. The call centers on the coin’s three-day chart, where traders are following support closely as the market works through a fresh round of consolidation. Related Reading: Ethereum Signals Strength As Citigroup Eyes $5.5 Trillion...
By Christian Encila 6/4/2026, 1:00:35 AM
Jamie Dimon to discuss SpaceX IPO with JPMorgan’s ultra-rich clients this week
The SpaceX IPO could significantly impact market dynamics, potentially causing shifts in investment strategies and affecting tech stock valuations. The post Jamie Dimon to discuss SpaceX IPO with JPMorgan’s ultra-rich clients this week appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 12:43:49 AM
NYSE joins ICE Markets in deploying Anthropic’s Claude Mythos for cybersecurity
The integration of AI in financial cybersecurity could revolutionize vulnerability detection but raises concerns about systemic reliance risks. The post NYSE joins ICE Markets in deploying Anthropic’s Claude Mythos for cybersecurity appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 12:43:21 AM
Stanford study finds AI lawyers outperform law professors in reasoning about 75% of the time
AI's superior legal reasoning could reshape the legal industry, impacting staffing, smart contract auditing, and regulatory compliance efficiency. The post Stanford study finds AI lawyers outperform law professors in reasoning about 75% of the time appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 12:43:18 AM
Tom Mueller: Mira’s precision maneuvering capabilities, Helios’ cost-effective satellite transport, and the shift towards government contracts in space tech | TWIST
Helios could revolutionize space travel by drastically reducing costs and increasing payload capacity to the moon and Mars. The post Tom Mueller: Mira’s precision maneuvering capabilities, Helios’ cost-effective satellite transport, and the shift towards government contracts in space tech | TWIST appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 12:31:24 AM
160 National Security Veterans Back CLARITY Act as Senate Crypto Battle Reaches Critical Stage
Pressure over the CLARITY Act is rising as 160 former national security, intelligence, and law enforcement professionals back the crypto market structure bill. The Senate faces growing calls to advance rules tying digital asset oversight to national security. Crypto Rules Debate Intensifies as Senate Faces CLARITY Act Pressure Pressure is rising...
By Kevin Helms 6/4/2026, 12:30:10 AM
Federal Reserve tells Congress it wants technology-neutral rules for tokenized securities and stablecoins
The Fed's push for tech-neutral rules could accelerate crypto integration into traditional finance, reshaping regulatory landscapes and market dynamics. The post Federal Reserve tells Congress it wants technology-neutral rules for tokenized securities and stablecoins appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 12:20:43 AM
Broadcom’s forecast disappoints as AI sales growth slows, stock drops 11%
Broadcom's stock drop highlights market sensitivity to AI growth expectations, signaling potential volatility in tech investment sentiment. The post Broadcom’s forecast disappoints as AI sales growth slows, stock drops 11% appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 12:19:57 AM
Trump: All-out war with Iran unlikely unless US forces suffer fatalities
Trump's comments may stabilize geopolitical markets by reducing immediate military escalation fears, impacting oil prices and risk assessments. The post Trump: All-out war with Iran unlikely unless US forces suffer fatalities appeared first on Crypto Briefing.
By Estefano Gomez 6/4/2026, 12:08:16 AM
Can Worldcoin price reach $0.65 as whale accumulation hits yearly highs?
Worldcoin price has surged over 40% since late May after whale activity and network growth climbed to their highest levels of 2026, strengthening the case for a move toward the next major resistance zone near $0.65. According to data from…
By Lawrence Mondal 6/4/2026, 12:04:35 AM
Bitcoin drops below $65K amid reinforced bear market signals
Bitcoin (BTC) dipped further below $65,000 on Wednesday, with onchain data from Glassnode signaling a market firmly in a bear phase. The decline has pushed prices back into a key valuation range between the Realized Price and the True Market Mean.
By N/A 6/4/2026, 12:01:27 AM
XRP, Zcash (ZEC), Cardano (ADA) and Near Protocol (NEAR) Price Analysis for June 4: Hostile Environment for Bulls
Despite the local success of assets like Near, the rest of the cryptocurrency market is clearly struggling.
By Arman Shirinyan 6/4/2026, 12:01:00 AM
Ripple’s RLUSD Lands In Mastercard’s Stablecoin Settlement Expansion
Mastercard is moving deeper into stablecoin infrastructure, adding Ripple’s RLUSD to a broader settlement expansion that will allow issuers and acquirers to settle card transactions through regulated digital assets alongside traditional fiat rails. The payments giant said Wednesday that it plans to expand its settlement capabilities with intraday,...
By Jake Simmons 6/4/2026, 12:00:36 AM
Strive raises $8.1M daily despite 50% Bitcoin bear market
Strive's strategy highlights investor confidence in Bitcoin's long-term value, potentially influencing market dynamics and asset management trends. The post Strive raises $8.1M daily despite 50% Bitcoin bear market appeared first on Crypto Briefing.
By Editorial Team 6/3/2026, 11:57:35 PM
Casascius coin redeemed after 15 years, unlocking $2M in Bitcoin
The redemption of dormant Casascius coins highlights the impact on Bitcoin's perceived scarcity and market analytics, influencing investor strategies. The post Casascius coin redeemed after 15 years, unlocking $2M in Bitcoin appeared first on Crypto Briefing.
By Editorial Team 6/3/2026, 11:57:25 PM
Broadcom reports record Q2 revenue of $22B, driven by AI growth
Broadcom's AI-driven revenue surge highlights the transformative impact of AI on the semiconductor industry, setting new growth benchmarks. The post Broadcom reports record Q2 revenue of $22B, driven by AI growth appeared first on Crypto Briefing.
By Editorial Team 6/3/2026, 11:56:03 PM
California primary: GOP newcomers likely to advance, Karen Bass heads to runoff
The advancement of GOP newcomers and Karen Bass may reshape California's political dynamics, reflecting shifting voter sentiments. The post California primary: GOP newcomers likely to advance, Karen Bass heads to runoff appeared first on Crypto Briefing.
By Estefano Gomez 6/3/2026, 11:40:23 PM
Trump affirms Iran’s commitment to not pursue nuclear weapons, and crypto markets are paying attention
The expanded Iran nuclear commitment may stabilize geopolitical tensions, influencing global markets and investor risk appetite, including crypto. The post Trump affirms Iran’s commitment to not pursue nuclear weapons, and crypto markets are paying attention appeared first on Crypto Briefing.
By Editorial Team 6/3/2026, 11:34:15 PM
CrowdStrike projects revenue in line with analyst estimates amid AI threat concerns
CrowdStrike's alignment with revenue estimates highlights the persistent demand for cybersecurity solutions amid rising AI-driven threats. The post CrowdStrike projects revenue in line with analyst estimates amid AI threat concerns appeared first on Crypto Briefing.
By Editorial Team 6/3/2026, 11:33:49 PM
US oil stockpiles hit lowest level since 2004 amid Middle East tensions
The decline in US oil stockpiles amid geopolitical tensions may drive global oil prices higher, affecting economic stability and energy policies. The post US oil stockpiles hit lowest level since 2004 amid Middle East tensions appeared first on Crypto Briefing.
By Estefano Gomez 6/3/2026, 11:32:56 PM
This XRP Move Has Only Happened 4 Times In History And Here’s What Happened Each Time
The XRP price has returned to a critical zone that has appeared only four times in its history. According to market analyst Cryptollica, who shared the finding on X, this zone has historically preceded explosive price rallies for XRP. Each rally, however, came after a long consolidation phase and a series of price declines that pushed XRP toward a...
By Scott Matherson 6/3/2026, 11:30:50 PM
Israeli airstrikes hit Al-Ghaziyah, escalating conflict in southern Lebanon
The escalation in southern Lebanon heightens regional instability, potentially prompting further Israeli military actions and affecting ceasefire prospects. The post Israeli airstrikes hit Al-Ghaziyah, escalating conflict in southern Lebanon appeared first on Crypto Briefing.
By Estefano Gomez 6/3/2026, 11:25:27 PM
Israel crypto tax plan misses target as reporting gap widens
Israeli tax authorities have received far fewer crypto tax corrections than expected under a voluntary disclosure program that offers criminal immunity to eligible taxpayers. According to a Wednesday report by Globes, the Israel Tax Authority had expected the program to…
By Irene Mukiri 6/3/2026, 11:25:15 PM
Charles Hoskinson warns of Cardano collapse as firms shut down
Cardano founder Charles Hoskinson has warned that more businesses could disappear from the network after analytics platform TapTools announced it was shutting down operations amid worsening economic conditions across the ecosystem. In a video published on his YouTube channel, Hoskinson…
By Lawrence Mondal 6/3/2026, 11:22:23 PM
XRP Turns 14: Ripple CEO Calls It the ‘Honor of a Lifetime’ to Be Part of the XRP Family
XRP’s 14th anniversary renewed attention on Ripple’s strategy and the crypto’s long-running community support. The milestone comes as Mastercard’s settlement plans add fresh enterprise relevance to XRPL. XRP Anniversary Highlights Community Growth and Long-Term Payments Ambitions XRP has turned 14, marking a milestone that has renewed attention on...
By Kevin Helms 6/3/2026, 11:20:09 PM
EIA reports US crude stocks fall 8M barrels amid strong export demand
The unexpected crude stock draw highlights shifting global oil dynamics, potentially impacting inflation and energy market strategies. The post EIA reports US crude stocks fall 8M barrels amid strong export demand appeared first on Crypto Briefing.
By Editorial Team 6/3/2026, 11:11:48 PM
Alphabet raises $85B in equity offering to fund AI ambitions
Alphabet's massive equity raise underscores the escalating financial commitment and competitive race in AI, impacting tech investment dynamics. The post Alphabet raises $85B in equity offering to fund AI ambitions appeared first on Crypto Briefing.
By Editorial Team 6/3/2026, 11:11:26 PM
Federal Reserve Bank of Dallas president Lorie Logan says rates may rise this year
Potential rate hikes could tighten liquidity, impacting risk assets and increasing the attractiveness of safer investments like Treasury bonds. The post Federal Reserve Bank of Dallas president Lorie Logan says rates may rise this year appeared first on Crypto Briefing.
By Editorial Team 6/3/2026, 11:10:59 PM
SpaceX IPO sets up Bitcoin exposure test as liquidity fears grow
SpaceX has outlined plans for a record $75 billion stock market debut that would value Elon Musk’s space and AI company at about $1.77 trillion. According to a filing with the U.S. Securities and Exchange Commission, SpaceX plans to sell…
By Irene Mukiri 6/3/2026, 11:06:18 PM