Bitcoin flash crash below $62K wipes out $1.8B in leveraged bets
The Bitcoin flash crash highlights the volatility and risks in leveraged crypto trading, potentially impacting investor confidence and market stability. The post Bitcoin flash crash below $62K wipes out $1.8B in leveraged bets appeared first on Crypto Briefing.
By Vivian Nguyen 6/4/2026, 4:45:15 AM
Paybis says stablecoins are taking over business payments
Paybis says 22.5% of businesses use or plan stablecoins for cross-border payments as B2B volume reaches 97.8% in early 2026, new data shows.
By Olivia Stephanie 6/4/2026, 4:43:30 AM
Microsoft reports major quantum computing gains with Atom Computing and EeroQ
Microsoft's quantum advancements could accelerate the need for post-quantum cryptography, impacting blockchain security and innovation. The post Microsoft reports major quantum computing gains with Atom Computing and EeroQ appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 4:37:59 AM
European Parliament switches to Qwant search engine from Google in tech sovereignty push
The shift to Qwant highlights Europe's strategic move towards tech independence, potentially reshaping the digital landscape and market dynamics. The post European Parliament switches to Qwant search engine from Google in tech sovereignty push appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 4:37:18 AM
Hoskinson Warns of Cardano Shakeout as Market Pressure Threatens More Ecosystem Failures
TapTools' shutdown has reignited concerns about the health of Cardano's ecosystem as developers and businesses face mounting financial pressure. The post Hoskinson Warns of Cardano Shakeout as Market Pressure Threatens More Ecosystem Failures appeared first on Crypto News Australia.
By Rachel Lourdesamy 6/4/2026, 4:35:55 AM
Crypto Crash Today: Bitcoin Price Drops Below $61,500; Analysts Divided
The post Crypto Crash Today: Bitcoin Price Drops Below $61,500; Analysts Divided appeared first on Coinpedia Fintech News The crypto market took a hit on Wednesday as Bitcoin plunged more than $2,000 in under an hour, briefly falling to $61,460 before recovering above $64,000. The move pushed Bitcoin below $63,000 for the first time since 24...
By Debashree Patra 6/4/2026, 4:33:11 AM
Community Clashes Over Strategy’s First Bitcoin Sale in 4 Years as MSTR Craters 7%
Strategy Inc. sold 32 bitcoin between May 26 and May 31 for roughly $2.5 million, its first disclosed net bitcoin disposal since December 2022, according to a June 1 Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). For the first time in four years, Strategy founder Michael Saylor, the man who built […]
By Jamie Redman 6/4/2026, 4:30:50 AM
CFTC scraps no deny rule as crypto enforcement shift deepens
CFTC scraps no-deny settlement rule after SEC's May move, giving defendants more room to dispute agency claims in enforcement cases in 2026.
By Olivia Stephanie 6/4/2026, 4:14:58 AM
Wyoming governor signs executive order to guide AI data center development
Wyoming's AI data center initiative could boost economic growth, energy innovation, and job creation, while balancing resource management. The post Wyoming governor signs executive order to guide AI data center development appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 4:14:51 AM
Broadcom CEO expects AI demand to drive visibility through 2028
AI-driven demand boosts Broadcom's long-term growth prospects, highlighting the transformative impact of AI on the semiconductor industry. The post Broadcom CEO expects AI demand to drive visibility through 2028 appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 4:12:13 AM
Bleeding Bitcoin Holders Signal Stress — $60K Becomes Critical Battleground
Bitcoin’s futures market is flashing a warning that analysts say could mean more pain ahead. Open interest climbed to roughly 288,000 BTC even as prices fell, with funding rates holding positive at 0.083% — a sign that bullish bets remain in place despite the selloff, leaving the market exposed to another wave of forced liquidations. Related...
By Christian Encila 6/4/2026, 4:00:43 AM
XRP Price Takes Another Hit As Bitcoin-Led Weakness Spreads Across Crypto
XRP price extended losses and traded below $1.20. The price is now consolidating losses and faces hurdles near $1.1920 and $1.1950. XRP price started another decline and traded below the $1.20 zone. The price is now trading below $1.20 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.1950 on the...
By Aayush Jindal 6/4/2026, 3:58:14 AM
US House approves war powers resolution to halt military action against Iran
The resolution's passage highlights congressional influence on market dynamics, affecting oil prices and crypto volatility amid geopolitical tensions. The post US House approves war powers resolution to halt military action against Iran appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 3:50:34 AM
160 Security Veterans Urge US Senate to Pass CLARITY Act
Concerns over illicit finance remain high after reported crypto-related criminal flows jumped 162% last year.
By Wayne Jones 6/4/2026, 3:39:07 AM
Blockchain Association Urges Senate To Pass CLARITY Act With Letter Backed By 160 Ex-Officials
The Blockchain Association, one of the industry’s biggest advocacy groups, urged Senate leadership to move forward on the long-awaited CLARITY Act in a letter sent Tuesday to Senate Majority Leader John Thune and Senate Democratic Leader Chuck Schumer, signed by 160 former national security, intelligence, and law enforcement professionals. The...
By Ronaldo Marquez 6/4/2026, 3:33:11 AM
SEC Commissioner Challenges Blockchain Oversight Push That Could Shape Crypto Rules
SEC Commissioner Hester Peirce challenged broad oversight of blockchain infrastructure, arguing securities rules should not automatically reach neutral networks, open-source code, or noncustodial tools. Her remarks framed crypto regulation around control, custody, and discretion. Why the SEC’s Blockchain Boundary Fight Could Reshape Crypto Rules A...
By Kevin Helms 6/4/2026, 3:30:22 AM
CFTC follows SEC in scrapping ‘no-deny’ policy for settlements
CFTC Chairman Mike Selig says the rescission of its “no-deny” policy means it now has more flexibility when settling enforcement actions.
By Jesse Coghlan 6/4/2026, 3:28:54 AM
Bitcoin’s high-conviction holders sell $2.4B as price falls below $70K for first time since April
The sell-off by high-conviction Bitcoin holders may indicate a late-stage bear market, signaling potential shifts in market dynamics and investor sentiment. The post Bitcoin’s high-conviction holders sell $2.4B as price falls below $70K for first time since April appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 3:28:39 AM
Bitmine files for preferred stock offering with 9.5% yield, targeting $300M to buy more ETH
Bitmine's strategy could amplify financial risk, as its reliance on Ethereum's value and staking yields may impact dividend sustainability. The post Bitmine files for preferred stock offering with 9.5% yield, targeting $300M to buy more ETH appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 3:28:01 AM
Bitmine Immersion Technologies Announces Proposed Series A Perpetual Preferred Stock Offering
Bitmine Immersion Technologies Announces Proposed Series A Perpetual Preferred Stock Offering
By Chainwire 6/4/2026, 3:15:26 AM
SpaceX seeks $75B IPO that would be the largest in history, filing reveals 18,712 BTC treasury
SpaceX's IPO could reshape market dynamics, highlighting the growing intersection of traditional finance and cryptocurrency investments. The post SpaceX seeks $75B IPO that would be the largest in history, filing reveals 18,712 BTC treasury appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 3:05:24 AM
House votes to end Iran war, rebuking Trump in bipartisan move
The bipartisan vote signals a shift in congressional power dynamics, potentially impacting U.S. foreign policy and military engagement strategies. The post House votes to end Iran war, rebuking Trump in bipartisan move appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 3:04:57 AM
Broadcom CEO confirms 10 gigawatts of AI chip shipments planned for 2027
Broadcom's AI chip expansion highlights the growing demand for specialized compute power, underscoring significant financial and strategic stakes. The post Broadcom CEO confirms 10 gigawatts of AI chip shipments planned for 2027 appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 3:04:46 AM
Ethereum Price Forecast: Long-term holders' capitulation drives ETH below $1,800
Ethereum (ETH) has fallen below $1,800 on Wednesday, the first time since May 2025 following accelerated spot selling pressure and distributions from long-term holders.
By N/A 6/4/2026, 3:04:03 AM
Bitcoin’s Rising Realized Losses Among Short-Term Investor Coincide With Growing Crypto Exchange Inflows
Over the past few days, the broader cryptocurrency market has flipped extremely bearish, with Bitcoin’s price steadily declining to the $66,000 threshold. Given the heightened volatility, BTC is starting to experience a notable rise in market stress, which is evidenced by increased realized losses and sharp transfers of coins into multiple...
By Godspower Owie 6/4/2026, 3:00:46 AM
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 specific...
By Sebastian Villafuerte 6/4/2026, 3:00:42 AM
Bitcoin price drops to $60k, triggering $1.7B in crypto liquidations
The recent Bitcoin price drop and subsequent liquidations highlight increased market volatility and uncertainty, impacting future price predictions. The post Bitcoin price drops to $60k, triggering $1.7B in crypto liquidations appeared first on Crypto Briefing.
By Estefano Gomez 6/4/2026, 3:00:35 AM
XRP Buy Orders Outnumber Sells 7-to-1 on Coinbase, Analyst Spots Unusual Market Setup
The post XRP Buy Orders Outnumber Sells 7-to-1 on Coinbase, Analyst Spots Unusual Market Setup appeared first on Coinpedia Fintech News A surprising trend is developing on Coinbase, where XRP’s order book is showing an unusual seven-to-one buy liquidity imbalance. According to one analyst, there are roughly seven dollars worth of buy orders...
By Debashree Patra 6/4/2026, 2:57:52 AM
XRP and XLM outlook: Bearish streak extends as risk-off mood erodes retail demand, ETF flows
Ripple (XRP) and Stellar (XLM) prices face intense selling pressure, extending losses on Thursday for the fourth consecutive day this week. Cross-border remittance tokens are losing retail sentiment, while XRP faces additional pressure from Exchange-Traded Fund (ETF) outflows.
By N/A 6/4/2026, 2:55:10 AM
Tesla rolls out unsupervised robotaxis across Austin metro area
Tesla's limited robotaxi rollout highlights challenges in scaling autonomous fleets, impacting investor confidence and market competition dynamics. The post Tesla rolls out unsupervised robotaxis across Austin metro area appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 2:41:52 AM
SpaceX targets record $86B IPO, aiming for $1.7T valuation
SpaceX's IPO could redefine market dynamics, influencing tech investment trends and highlighting the growing intersection of space and finance. The post SpaceX targets record $86B IPO, aiming for $1.7T valuation appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 2:41:43 AM
Tether launches gold-backed stablecoin Visa card with Fasset, offers 6% cashback in XAUT
The launch could revolutionize financial inclusion in emerging markets, leveraging gold's cultural value and enhancing digital asset utility. The post Tether launches gold-backed stablecoin Visa card with Fasset, offers 6% cashback in XAUT appeared first on Crypto Briefing.
By Editorial Team 6/4/2026, 2:41:41 AM
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 at $1,800 on...
By Aayush Jindal 6/4/2026, 2:38:39 AM
XRP Falls Sharply as Traders Brace for Deeper Crypto Sell-Off
XRP extended its decline, testing support near the $1.14 level, as heavy long liquidations, persistent selling pressure, and a series of lower highs reinforced the cryptocurrency’s bearish market structure. XRP Price Slides as Selling Pressure Intensifies At 10:09 p.m. on June 3, XRP was trading at $1.15712, extending a sharp decline that has...
By Kevin Helms 6/4/2026, 2:38:20 AM
Ripple Expands RLUSD Into Turkey as a $200B Crypto Market Signals Bigger Stablecoin Demand
RLUSD, Ripple’s USD-backed stablecoin, has launched in Turkey via local crypto platforms, giving enterprises regulated access to digital dollars. The rollout supports payments, liquidity, collateral management, and tokenization in a market with roughly $200 billion in annual crypto volume. RLUSD Enters Turkey Through Local Platforms Serving Crypto...
By Kevin Helms 6/4/2026, 2:30:09 AM
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