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China 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.comBitcoin Crash Says Liquidity Is Dying As May Job Report Comes Back With Staggering Numbers
Bitcoin’s weekend crash below $60,000 can be linked to a deeper meaning relating to the May 2026 jobs report that came in far stronger than expected. The report from the US Department of Labor shows a resilient labor market, but it also coBitcoinistXRP To $1 Or A Violent Reversal? Analyst Says Liquidity Setup Is Flashing
XRP is approaching a decisive liquidity zone after a brutal market-wide crypto flush, with analyst Will Taylor (@CryptoinsightUK) arguing that downside liquidity has largely been swept while larger pools may now sit above price. The setup cNEWSBTCReform UK's Farage 'Evading' Scrutiny Over Tether Billionaire's $6.7M Gift: Labour
The UK's Labour Party has sent a formal letter to Reform UK leader Nigel Farage, accusing him of "evading reasonable scrutiny" over the $6.7 million (£5 million) undisclosed payment he received from billionaire Tether investor Christopher HDecryptBitcoin’s Worst Week Of 2026 Is Happening Right Now — QCP Explains Why The Bottom Isn’t In Yet
Bitcoin entered June under significant pressure, trading down approximately 11.6% on the week heading into June 8 and struggling to reclaim key momentum levels — caught between crypto-specific deleveraging and a macro environment where oil,NEWSBTCSouth Korea Halts KOSPI Trading After 8.4% Crash Trips Circuit Breaker
South Korea’s KOSPI index plunged 8.4% on Monday, triggering a rare circuit breaker that froze trading for 20 minutes as a global semiconductor selloff battered Asian markets and rattled risk assets, including crypto. Key Takeaways: Southbitcoin.comTrader Nails BTC Bottom: Buys $98.9M Bitcoin at $59,734 and Nets $3.5M Profit in Two Days
A single whale bought 1,656 BTC worth about $98.9 million almost exactly at this month’s local bottom, then booked roughly $3.5 million in paper profit within two days as bitcoin rebounded. Key Takeaways: A whale bought 1,656 BTC ($98.bitcoin.comBad News For Bitcoin: Historical Lows Show The Bottom Actually Lies Below $30,000
Despite growing optimism that Bitcoin has reached a cycle low, historical cycles suggest another leg down could still be ahead. While rising institutional involvement may reduce the severity of the downturn, a chart shared by a top crypto aNEWSBTCEthereum OG Dumps $188M Near $2,040, Buys Back ETH 23% Cheaper
A long-dormant Ethereum investor sold about $188 million in ether and related tokens just before this month’s market crash, then began buying back at sharply lower prices, completing a textbook round trip. Key Takeaways: An Ethereum OG soldbitcoin.comJPMorgan Warns Strategy’s Bitcoin Sale Spooked Markets
JPMorgan analysts say Strategy’s last week sale of 32 bitcoin unsettled crypto markets and may force Michael Saylor’s company to rebuild its dollar reserves to restore confidence among investors. The warning comes as the bank turns more cauBitcoinistBitcoin’s Bounce to $64,000 Wipes out $320 Million in Crypto Shorts in 15 Minutes
A sudden bitcoin rebound torched roughly $320 million worth of short positions across the crypto market in just 15 minutes, as bearish traders were caught offside by a fast reversal off the year’s lows. Key Takeaways: About $320 millionbitcoin.comCardano Price Crash Exposes ADA’s Deeper Problem, Says Longtime Bull
Longtime Cardano supporter and crypto commentator Dan Gambardello said ADA’s steep decline has exposed deeper frustrations inside the Cardano ecosystem, even as he maintained that the project’s underlying technology remains among the strongNEWSBTCHow Likely Was Zcash Exploited? Grayscale CLO Points To On-Chain Odds
Grayscale Chief Legal Officer Craig Salm has suggested that Zcash’s own shielded user base may be offering a more meaningful signal on exploit risk than external prediction markets. His comments came after Polymarket opened a market on whetBitcoinistBitcoin Surges 5% to $64K, Settles Near $62.5K as Trump Says Netanyahu Must Accept Iran Deal
Bitcoin climbed roughly 5% to around $64,000 on Sunday after U.S. President Donald Trump said Israeli Prime Minister Benjamin Netanyahu will have “no choice” but to accept a U.S.-brokered deal with Iran. Key Takeaways: Bitcoin reclaimed abitcoin.comThis Week in Crypto Law (May 30, 2026)
Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. This Week in Crypto Law The opinion editorial below was written by Alex Forehand and Michael Handbitcoin.comMapleStory Universe Opens MSU Space and Launches Global Game Jam Competition as Part of MSU 2.0 Expansion
Abu Dhabi, UAE, June 8th, 2026, Chainwire Global game jam MapleStory Vibe Camp offers US$60,000 in NXPC prizes as builders gain access to official MapleStory Universe resources in conjunction with Verse8 MapleStory Universe (MSU), the blocDecryptEthereum Loses Second Place To Tether’s USDT As Bitcoin Crashed Below $60,000
Following the Bitcoin price crash below $60,000, Ethereum followed suit, dropping toward $1,500 in the same candle. This move triggered a development that has not happened in a long time, as ETH lost its second-place position in the top 10BitcoinistBitcoin Trader Says Something Extremely Bad Is Coming Today, Here’s What
Over the weekend, the Bitcoin price suffered a major crash, moving below $60,000 for the first time in this cycle. In contrast, there has been some recovery, with the price moving above $62,000 on Sunday, as investors moved back into the maNEWSBTC
