Crypto News Today (June 11): BTC Shoots Back Above $62K, Kalshi Adds XRP Futures and Tom Lee Takes 3 Day ETH Buying Spree to $206M

The warning echoes the IMF's concerns over crypto adoption, including previous clashes with El Salvador over Bitcoin accumulation.

Morgan Stanley’s head of digital asset strategy, Amy Oldenberg, said Bitcoin reaching $1 million is possible over time, while cautioning that a move of that scale would likely require either a long adoption cycle or a major dislocation in traditional markets. Speaking with Natalie Brunell on Coin Stories, Oldenberg framed the next phase of Bitcoin adoption less as a sudden “J curve” and more as a gradual institutional buildout, led by product access, adviser education, custody infrastructure and client demand. Her comments come as Morgan Stanley continues expanding its digital asset footprint through its spot ETF, wealth management and e*Trade presence. Morgan Stanley Exec Sees Bitcoin Grinding Higher Oldenberg avoided making a direct price target, but she did address the idea of Bitcoin eventually reaching seven figures. “I don’t see why we couldn’t,” she said, referring to a $1 million Bitcoin. “Of everything I’ve seen in my life I will believe anything that it’s possible.” Related R

Bitcoin's resilience amid institutional outflows highlights its stability, while altcoins face increased volatility and competitive pressures. The post Bitcoin advances and holds above key technical level as ether and solana struggle to keep pace appeared first on Crypto Briefing.

Since hitting a new low at around $59,100, the $BTC price has been trading sideways and slightly upward - the typical trajectory of a bear flag. This could mean some relief in the short term, but if the bear flag plays out, stand by for another leg down to what could be a sub-$50K Bitcoin.

BEAT continues to steal the show, posting another massive surge of over 50% in the past 24 hours.

Bitcoin has confirmed a major rounding top breakdown after losing the $65,000 support zone, with technical indicators and derivatives positioning pointing to a possible decline toward the mid-$40,000 range. According to data from crypto.news, Bitcoin (BTC) price traded near $62,900…

Institutional selling in the Bitcoin market has reached a new record, with massive entities shedding supply equal to 460% of the daily mining output. Bitcoin Institutions Have Taken To Notable Net Selling As explained by Capriole Investments founder Charles Edwards in an X post, institutions are participating in a record amount of Bitcoin selling. The […]

Fold Holdings recently sold $45 million in bitcoin and used the proceeds to pay off $20 million in bitcoin-collateralized loans. Debt Elimination and Liquidity Boost The Nasdaq-listed bitcoin financial services company, Fold, disclosed that it monetized approximately $45 million of bitcoin at an average price of about $71,000 per bitcoin. From the proceeds, Fold repaid […]