Crypto News
Bitcoin Crashes to Yearly Low as Fed Hawkish Pivot Hardens
Bitcoin has crashed to new yearly lows as the Federal Reserve’s hawkish pivot hardens and inflation expectations rise, with critical economic data releases set to reshape rate expectations over the next two weeks. BTC fell below $59,000 to mark its worst year-to-date performance, briefly testing the 200-week moving average at $58,000 before staging a weak...
Nasdaq Brings TotalView Data to Pyth Network in Historic Partnership
Nasdaq is bringing institutional-grade market data to blockchain infrastructure through a landmark partnership with Pyth Network, marking the first time the exchange giant has selected a blockchain-based platform for distributing its proprietary TotalView dataset. The move signals accelerating institutional adoption of decentralized data networks and represents a watershed moment for blockchain’s integration into traditional financial...
Bitcoin Crashes to 2026 Lows as Record ETF Outflows Accelerate
Bitcoin has collapsed to new 2026 lows below $59,000, triggering a capitulatory flush of leveraged long positions and marking the steepest monthly decline in nearly two years. The market is now displaying extreme fear signals and technical breakdowns that threaten further downside toward the $42,000 level, even as some corporate entities continue accumulating at depressed...
Here’s What Happened in Crypto Today
Bitcoin’s grip on the $60,000 support level weakened today as macroeconomic headwinds intensified, with PCE inflation data triggering a sharp selloff that pushed the leading cryptocurrency below $58,000. Meanwhile, Ethereum faced internal challenges as the Ethereum Foundation announced significant workforce reductions, though the network itself continued to outperform Bitcoin on the day. On a brighter...
Strategy Pivots From Bitcoin Accumulation to $2B Buyback Program
Strategy, the publicly traded Bitcoin investment firm, announced a sweeping shift in capital allocation strategy on June 29, authorizing up to $2 billion in share buybacks while simultaneously establishing a framework that permits future Bitcoin sales to support liquidity needs. The move marks a dramatic departure from the firm’s yearslong accumulation posture and has triggered...
XRP ETF Inflows Hit 8-Week Streak as Network Activity Surges 72%
XRP has entered a critical consolidation phase marked by institutional accumulation and expanding on-chain activity, even as price remains locked below key technical resistance. Eight consecutive weeks of spot ETF inflows totaling approximately $1.47 billion, paired with a 72 percent surge in daily active addresses over just two weeks, signal underlying strength that has not...
Bitcoin Crashes Below $58K as PCE Inflation Hits 3-Year High
Bitcoin plummeted below $58,000 today, marking its lowest point since September 2024, as the Personal Consumption Expenditures index surged to 4.1% in May—the highest inflation reading in three years and a decisive break above the Federal Reserve’s 2% target. The PCE data, released on June 25, triggered the largest single-day crypto capitulation in months, with...
Ethereum Foundation Cuts 20% of Workforce Amid Major Restructuring
The Ethereum Foundation has eliminated 54 positions—roughly 20 percent of its 270-person workforce—and slashed its 2026 operating budget by 40 percent, marking the most significant organizational restructuring in the protocol’s history since the Merge. The June 23 announcement signals a strategic pivot away from the Foundation’s historical role as Ethereum’s central development engine toward a...
Bitcoin Tests $60K Support Amid Extreme Fear; Ethereum Outperforms
Bitcoin continues to trade below the critical $60,000 support level as extreme fear grips markets, with the Fear & Greed Index collapsing to 12 amid a $6.35 billion institutional redemption wave. Meanwhile, Ethereum has outperformed on the back of corporate accumulation, even as geopolitical tensions and AI sector weakness drag broader risk sentiment lower across...
Here’s What Happened in Crypto Today
Bitcoin’s brutal June continues as the world’s largest cryptocurrency tumbled below $59,000 amid record ETF outflows, while regulatory clarity from the SEC-CFTC provided a rare bright spot. Meanwhile, XRP experienced a dramatic surge in on-chain activity following Ripple’s EU regulatory approval, and emerging market pressures pushed Tether’s premium to concerning levels in India as enforcement...
Tether USDT Hits 8.5% Premium in India After Enforcement Crackdown
Tether’s USDT stablecoin has surged to an 8.5% premium above its dollar peg on Indian cryptocurrency exchanges following an intense government crackdown on crypto payment firms, marking one of the sharpest supply disruptions for the token in a major emerging market. The Enforcement Directorate, India’s financial-crime agency, launched coordinated searches across six premises in Bengaluru...
XRP On-Chain Activity Surges 71.7% as Ripple Secures EU License
XRP Ledger activity has exploded 71.7% over the past two weeks, with daily active addresses surging from 23,000 to 39,500, even as XRP price declined 1.38% in the past 24 hours to trade at $1.04. This stark divergence between on-chain engagement and market price comes as Ripple secured a critical regulatory milestone in Europe, receiving...