Bitcoin Holder Accumulation Surged As Metrics Fell To Record Lows

Bitcoin’s (BTC) lowest-ever readings on the daily and two-week relative strength index (RSI) are coinciding with steady accumulation across several investor cohorts, strengthening what one analyst called the “best thesis” for buying BTC.  Onchain data shows wallets holding 1,000–10,000 BTC added more than 53,000 BTC over the past 60 days, while smaller retail investors also…

Zcash Proposes Ironwood Pool After Orchard Bug

Zcash developers are proposing a new shielded pool called Ironwood after a recently patched bug raised concerns about whether counterfeit ZEC could have entered circulation unnoticed. The Zcash Open Development Lab (ZODL) said Saturday that it is working with Tachyon, Valar Group, the Zcash Foundation and Shielded Labs on the proposed network upgrade, which would…

Citrini, the research firm that caused AI stocks meltdown lays out Hyperliquid as new ‘compelling’ idea

Citrini Research, the firm that sparked massive fear of an artificial intelligence bubble in February and triggered a brief market meltdown, has listed crypto exchange Hyperliquid and its token as a new “compelling” idea. The research firm said in its report on Monday that “unlike the memetic majority of crypto (bitcoin included), HYPE generates legitimate…

South Korea Police Reportedly Raid Bithumb in Lawmaker Hiring Influence Probe

South Korean police have reportedly raided Bithumb as part of an investigation into alleged nepotism involving independent lawmaker Kim Byung-gi. Kim allegedly attempted to influence employment opportunities for his son at multiple crypto firms, including Bithumb and Dunamu, the operator of rival exchange Upbit, according to a Monday report by News1. Kim’s son joined Bithumb…

Bitcoin Price May Hit $90K as FTX-Era Bullish BTC Signal Flashes Again

Bitcoin (BTC) is showing a rare divergence between its falling prices and rising momentum, a setup that last appeared around the FTX-era market bottom. Key takeaways: Bitcoin’s second weekly bullish divergence on record is hinting at a rally toward $90,000. The cryptocurrency is also holding near its 200-week SMA, a level that has historically acted…

Yuga Labs Developers Rescue 68 NFTs From Flooring Exploit

Yuga Labs-affiliated developers rescued 68 non-fungible tokens from Flooring Protocol after an exploit put NFTs from collections including Bored Apes and CryptoPunks at risk. Yuga Labs CEO Michael Figge said Monday that the recovered NFTs are now in the company’s custody and will be returned once a solution is finalized. Yuga’s pseudonymous vice president of…

Galaxy Digital Drops Odds of CLARITY Act Passing to 60%

Crypto firm Galaxy Digital has lowered the odds of the Senate passing its crypto market structure bill before the end of the year, noting that the window for lawmakers to act on the bill is closing.  “On May 22, we raised our estimate of the probability that the CLARITY Act becomes law in 2026 to…

U.S. PCI report, ECB interest-rate decision: Crypto Week Ahead: Crypto Week Ahead

The second week of June puts the crypto market’s resilience to the test as digital assets battle an unusual divergence from record-setting equity markets. Following a grueling nine-month correction cycle that has pushed bitcoin down to major psychological support levels, traders enter the week facing a double-barreled threat of heavy token emissions and tightening cross-asset…

Arthur Hayes Dumps Worldcoin After Bullish AI Proxy Call

Maelstrom co-founder Arthur Hayes said he sold his Worldcoin (WLD) holdings just days after his venture capital firm described it as one of the cleanest proxies for the AI investment play.  “This chart is going in the wrong direction,” said Hayes on X on Saturday, showing a chart for the SpaceX pre-IPO perpetual futures contract,…

Crypto Index Sees “Extreme Fear” as Bitcoin Drops Toward $65,000

Bitcoin (BTC) is due a “relief bounce” next as crypto market sentiment hits two-month lows. Key points: The Crypto Fear & Greed Index hits “extreme fear” with its lowest score since early April. Analysis sees “max fear” accompanying Bitcoin’s drop toward $65,000. A game of “catch-up” should ensue later, with BTC price action targeting stock…