Bitcoin bears face $2.6B trap as BTC funding rate drops: Is a short squeeze brewing?
Bitcoin bears piled into short positions as BTC price slid to $60,000. Will the $2.6 billion in short leverage lead to an upside squeeze? Go to Source
DIGIT
Chile Busts $88 Million Crypto Laundering Ring Tied to the Sanctioned Tren de Aragua Cartel
An investigation that has been active since 2024 identified an 18-man money-laundering group that used several bank accounts, irregular companies, and cryptocurrency remittances to launder funds from the illegal activities of the Venezuelan Tren de Aragua group. Chile Shuts Down $88 Million Crypto Money Laundering Group Linked To Tren de Aragua A two-year investigation has … Read more
Kraken offers SpaceX IPO access through xStocks
Eligible users in more than 110 markets can register for tokenized SpaceX equity ahead of the company’s highly anticipated public listing. Go to Source
Crypto tax in Illinois FY2027 budget is one step away from becoming law
The law, part of a budget plan passed by Illinois lawmakers, would put the burden of collecting a 0.2% tax on crypto transactions on a registered broker. Go to Source
Bitcoin Slides Below $60K as Traders Trigger $1.57B Liquidation Wave Across Crypto
Bitcoin dropped below $60,000 amid a broader crypto market sell-off that erased $200 billion in total market value and triggered $1.57 billion in leveraged liquidations. Liquidations Pass the Billion-Dollar Mark Bitcoin plunged below $60,000 on Friday amid a market-wide sell-off that shaved approximately $200 billion from the crypto economy. According to Bitstamp data, the cryptocurrency … Read more
TRX Spot Listing Launches on Bitnomial, Supporting Regulated U.S. Access to TRON
PRESS RELEASE. Geneva, Switzerland — June 5, 2026 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced the spot listing of TRX, the native utility token of the TRON network, on Bitnomial, a CFTC -regulated U.S. exchange and clearinghouse. The listing … Read more
Crypto Biz: Nobody told Saylor ‘never sell’
Strategy’s Bitcoin sale challenged the “never sell” narrative, while JPMorgan attacked CLARITY and Capital B pursued a huge fundraising plan for BTC. Go to Source
Coinbase CEO Brian Armstrong: US-China Competition Is ‘the Best Thing to Happen to America Since the Cold War’
Coinbase CEO Brian Armstrong believes competition with China “might be the best thing to happen to America since the cold war,” arguing the rivalry will jolt a complacent U.S. back into excellence. A Bullish Take on Great-Power Rivalry Brian Armstrong, chief executive of the largest U.S. crypto exchange, framed the intensifying contest with China as … Read more
Bitcoin teases ‘seller exhaustion’ as BTC price downside reaches $60.3K
Bitcoin sellers were losing steam, market analysis said as ongoing BTC price downside brought the market closer to $60,000. Go to Source
Visa tests private stablecoin settlement with Brale, Canton
Visa is testing private stablecoin settlement on Canton with Brale, exploring whether institutions can use blockchain without exposing sensitive transaction data. Go to Source