Bitcoin and gold could face further pressure after US consumer inflation accelerated to 4.2% in May, dampening expectations for Federal Reserve rate cuts and weighing on investor appetite for risk assets.
Bitcoin traded near $61,750 as analysts warned that SpaceX's anticipated public offering could draw capital away from cryptocurrencies at a time when market sentiment and institutional demand are already weakening.
Karnataka's Bitcoin scam investigation has expanded into a broader political controversy after Mohammed Haris Nalapad, son of Congress MLA N.A. Haris, was named as an accused in a cryptocurrency-linked fraud case.
Zcash fell more than 8% over the past 24 hours to trade below $430 after briefly rallying to $470 earlier this week amid renewed risk-off sentiment across financial markets.
Prediction markets overtook onchain gambling for the first time in the first quarter of 2026, generating $36.6 billion in volume compared with $14 billion for blockchain-based gambling platforms, according to a report from TRM Labs.
Botanix is winding down after four years of operation, with the Bitcoin scaling network saying weak demand for Bitcoin-native decentralised finance made the project economically unsustainable.
Bitcoin miner profitability has dropped to an all-time low as Bitcoin struggles to maintain support above $60,000, raising concerns that miners could increase selling pressure to fund operations and expansion plans.
Coinbase has called on US lawmakers to remove capital gains tax requirements on stablecoin payments and create exemptions for small cryptocurrency transactions, arguing that current rules impose unnecessary compliance burdens on everyday users.
CME Group has launched Nasdaq CME Crypto Index futures, giving investors a regulated way to trade and hedge exposure to a diversified basket of leading digital assets.
Bitcoin traders are closely watching the Bank of Japan’s June 16 policy meeting after BTC suffered declines of between 18% and 28% following each of the central bank’s four rate hikes since 2024.
The World Series of Poker has partnered with the Solana Foundation to bring cryptocurrency payments into its tournament operations for the first time.
The United Arab Emirates is emerging as a key hub for the convergence of traditional banking and blockchain-based payments as stablecoins become an increasingly important part of global financial infrastructure.
