The post BTC, ETH prices drop even as futures show growing taste for risk. XLM, HYPE gain: Crypto Markets Today appeared on BitcoinEthereumNews.com.
June kicked off in the red for crypto markets as the U.S. and Iran exchanged fire and peace talks failed to translate into reduced tensions in the region. The CoinDesk 20 Index (CD20) fell 2% since midnight UTC, with bitcoin BTC$73,038.00 and ether (ETH) both losing about 1%. At $72,700, bitcoin is currently negative for a sixth time in seven days, following a 3.5% slide last month, usually a period with positive returns. It averages a 7.4% rise in May, according to Coinglass data. A record 10 days of net withdrawals from spot bitcoin exchange-traded funds (ETFs) saw $2.97 billion leave the investment vehicles. The CoinDesk DeFi Select Index led the day’s decliners, dropping 2.6% since midnight, with all six members lower. Ondo Finance’s ONDO token fell 2.8%, and has now lost 17% since founder Nathan Allman died unexpectedly last week. Hyp
MicroStrategy's routine BTC sale reinforces market confidence in expected treasury actions, with minimal impact on broader Bitcoin price trends.
The post Strategy sells 32 BTC for $3M in routine treasury move appeared first on Crypto Briefing.
Crypto analyst Blade has pointed to a Bitcoin trend that could signal when the leading crypto could find a bottom in this bear market cycle. The analyst also suggested that BTC could rally to as high as $400,000 in the next bull market. Bitcoin Trend Which Points To When BTC Could Bottom In an X post, Blade noted that every BTC cycle has ended the same way, with the trendline on the monthly chart breaking and support getting lost. He noted that when this happens, market participants call for a deeper crash, but that is when Bitcoin finds a bottom, just as it has for 15 years. Related Reading: Bitcoin Enters Buy Zone That Previously Led To A 660% And 1,700% Rally The analyst also mentioned that when Bitcoin finds a bottom, it builds a base and then starts the next leg higher. He remarked that 2026 is starting to look familiar, signaling that a bullish reversal was on the horizon. His accompanying chart showed that BTC could rally to a new high of around $400,000 in this next bull run.
Bitmex co-founder Arthur Hayes has publicly challenged investor Kyle Samani to a $100,000 charitable wager that Hyperliquid’s HYPE token will outperform any other current top-ten cryptocurrency through the end of 2026. A Public Dare With Charity on the Line Hayes laid down the gauntlet in a post addressed directly to Samani, proposing “a gentleman’s charitable […]
A trader lost $42M in perp profits in 18 days shorting HYPE. Here’s what’s fueling Hyperliquid’s record-breaking price surge. It took Loracle nearly 10 months to build $42.2 million in perpetuals trading profits. Then, in just 18 days, a single short position wiped all of it out. On-chain analytics platform Lookonchain flagged the dramatic reversal, […]
The post HYPE Hits New All-Time High as Trader Turns $42M Profits Into Loss appeared first on Live Bitcoin News.
A senior European Central Bank official has warned that stablecoins carry the same fragilities that once destabilized money market funds, cautioning that their rapid rise could threaten financial stability and quietly entrench the US dollar at the euro’s expense. Related Reading: Which Cryptos Are Best Positioned To Follow The Same Trajectory As Hyperliquid (HYPE)? The […]
XLM surged past $0.27 early June 1—yielding brief 24-hour gains of 14%—before a market-wide sell-off trimmed its daily gains to 5%. Alongside Hyperliquid and TRON, XLM was one of the few top 20 digital assets to post gains on a day the aggregate market fell 1.4%. XLM Defies Market Sell-off On June 1, XLM surged […]
The post Strategy keeps STRC payout unchanged amid push to maintain $100 share price appeared on BitcoinEthereumNews.com.
Disclosure: The author of this story owns shares in Strategy (MSTR). Strategy, the world’s largest publicly traded corporate holder of bitcoin BTC$73,038.00, has maintained the 11.5% dividend rate on its perpetual preferred stock, Stretch (STRC), marking the fourth consecutive month without an increase. STRC has undergone seven dividend increases since its introduction in July 2025 with a 9% dividend rate. Strategy was able to hold the current rate this month after the stock’s volume-weighted average price (VWAP) reached $99.62, keeping shares close enough to their $100 par value, a key objective of the product’s design. Strategy markets STRC as a short-duration, high-yield savings alternative. The perpetual preferred stock pays monthly cash distributions, with the dividend rate reset each month to encourage trading near par value and minimize price volatility. Alth
The post Bitcoin Supply At Loss Jumps To 8.33M BTC As 580k Coins Bought Above $72.9k Turn Underwater appeared on BitcoinEthereumNews.com.
Bitcoin’s latest pullback has not simply erased dollar gains. It has flipped a large block of recent buyers into an immediate loss position, creating a fresh overhang that market participants cannot ignore. According to the Glassnode update, supply held at a loss jumped to 8.33 million BTC once the price contracted to $72,900. That is up from 7.75 million BTC when the market stood at $76,600. The delta between the two loss tallies implies roughly 580,000 BTC was accumulated inside the $72,900–$76,600 window. Now that the price has slipped below the lower end of that range, the entire cohort sits underwater. For holders who entered during what they likely considered a local bid, the reversal changes the calculus. They are no longer waiting for a profit. They are deciding when to cut the loss. Why the $72.9k–$76.6k Cluster Matters Cohorts that form aro