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'Extremely Bullish': Zcash Rebounds By $2.5 Billion Amid Planned Fix for Supply Conundrum
Zcash recouped losses this weekend after its founder, Zooko Wilcox, unveiled a proposal for an upgrade aimed at restoring faith in the digital asset’s scarcity. The price of Zcash (ZEC) plummeted late last week after Shielded Labs, an orgaDecryptSolana Wave 4 In Progress: Relief Bounce Or Setup For A Fresh Decline?
After a steep selloff that reinforced bearish momentum, Solana appears to be entering a period of consolidation as Wave 4 unfolds. Such corrective phases often offer short-term relief and can also serve as a launching pad for the next leg oNEWSBTCAnalyst Says XRP Is About To Have A ‘Phoenix Moment’, What This Means For Price
A crypto analyst has shared his belief that XRP may finally be getting ready for a major comeback after months of steady decline. The prediction comes as Bitcoin has climbed back above $63,000 in early Monday trading hours, helping the broaBitcoinistAfter Buying More Bitcoin Than It Sold, Strategy Wins Dividend Approval as Holdings Hit 845,256 BTC
Strategy secured approval to pay STRC dividends twice monthly as its bitcoin holdings climbed to 845,256 BTC. The move follows recent treasury activity and could reshape how income investors view the company’s preferred stock. Key Takeawabitcoin.comSam Bankman-Fried Files Formal Trump Pardon Request as FTT Jumps 50%
Sam Bankman-Fried, the convicted FTX co-founder serving a 25-year federal prison sentence, formally submitted a presidential pardon application to the U.S. Department of Justice’s Office of the Pardon Attorney on June 8, 2026. Key Takeawaysbitcoin.comTom Lee's BitMine Buys the Dip Amid 'Superficial' Crypto Selloff, Adding $214M in Ethereum
Leading Ethereum treasury firm BitMine Immersion Technologies made its largest ETH-denominated purchase of 2026 last week, adding 126,971 ETH or around $214 million worth of the second-largest cryptocurrency by market cap. The firm’s majorDecryptYuga Labs Just Pulled Off A $500,000 Crypto Heist — Against These Hackers
Yuga Labs, the company behind Bored Ape Yacht Club and CryptoPunks, completed a covert whitehat operation on June 8 to rescue 68 blue-chip NFTs — worth more than $500,000 — from an active exploit targeting Flooring Protocol, deploying its oBitcoinistAnalyst Charts Ethereum Long-Term Roadmap To $16,000 – There’s No Need To Panic
Ethereum’s crash below $1,500 over the weekend has pushed sentiment into one of its most fearful phases since the previous bear market, but crypto analyst Crypto Patel believes the current selloff should be viewed through a longer lens. TheNEWSBTCBitcoin ETFs Lose $1.72B in Second-Largest Weekly Outflow Since Launch
Crypto ETF flows stayed under pressure from June 1 to June 5, with bitcoin funds posting a fourth straight week of withdrawals and ether ETFs also ending firmly negative. The weakness was not uniform, however, as HYPE and XRP ETFs drew ibitcoin.comBitcoin Punches Back Above $63K as Nasdaq Claws Back 1.3% From Worst Drop in a Year
Bitcoin climbed back above $63,000 Monday morning as institutional buyers stepped in and U.S. lawmakers advanced key crypto legislation, pushing the total digital asset market cap to $2.19 trillion. Key Takeaways:Strategy purchased 1,550bitcoin.comCongress to Discuss Crypto Tax Rules: What to Watch
The House tax writing committee will take up digital asset taxation, moving a set of crypto tax proposals into public debate as Congress continues its broader push to write federal policy for the industry. Scheduled for 2pm ET on Tuesday, tDecryptStrategy Buys Bitcoin, Pads Cash Reserves Following Biggest Weekly Stock Drop Since 2022
Strategy said Monday that it bought 1,550 Bitcoin for $101 million, a return to business as usual after a liquidation triggered the firm’s worst weekly performance since November 2022. The Tysons Corner, Virginia-based firm signaled in an SDecryptTom Lee Says AI Systems Will Lift Ethereum Demand as Bitmine Stacks 5.54M ETH
Bitmine Immersion Technologies now controls 4.59% of the entire ethereum supply after accumulating 5.54 million ETH valued at approximately $9.04 billion at current prices. Key Takeaways:Bitmine holds 5,543,872 ETH at $1,630, representingbitcoin.comIs Dogecoin Near A Bottom? This Key Metric Is Offering New Clues On The Matter
With heightened bearish pressure continuing to impact Dogecoin’s price action, investors are now discussing and showing concerns about when the meme coin could bottom out. However, a crucial signal has recently emerged from a key metric, suBitcoinistHas The Bitcoin Price Crash Ended Or Is This Just The Beginning? Analyst Answers
Following Bitcoin’s rebound from last week’s dip below $59,000, the market is now weighing whether the recent price crash has finally run its course or if a deeper correction is still ahead. While the recovery has provided someNEWSBTCIs Bitcoin Bottoming? MVRV Falls to 1.1, Entering the ‘Cheap Zone’ That Marked Every Major Low Since 2018
Bitcoin has slipped into what analysts call a “cheap zone,” with its market value to realized value (MVRV) ratio falling to 1.1, a 27-month low. A reading of this nature has historically preceded major market bottoms. Key Takeaways: Bitcobitcoin.comBitcoin's $63K Reclaim Liquidates $540M in Shorts, a 7-Week High
A portion of last week’s selloff has come undone as Bitcoin bounced over the weekend, triggering a huge chunk of late shorts. Bitcoin recovered to highs of $63,800 Monday, up roughly 7.5% from Saturday’s $59,353 low, according to CoinGeckoDecryptChina Banned Bitcoin — Then One Of Its Highest Courts Just Ruled It’s Protected Property
China’s Supreme People’s Procuratorate published a landmark case on June 7 in which prosecutors in Qingdao successfully argued that Bitcoin qualifies as legally protected property under the country’s criminal law — sentencBitcoinistMorning Minute: Bitcoin Recovers After Fall Below $60k
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the top stories in 5 minuteDecryptOne Week After Selling 32 BTC, Strategy Buys 1,550 More for $101 Million
Strategy has added 1,550 bitcoin to its treasury for approximately $101 million, bringing its total holdings to 845,256 BTC and its USD reserve to $1.0 billion. Key Takeaways:Strategy added 1,550 BTC for $101 million on June 8, pushing ibitcoin.com
