Kraken debuts SpaceX IPO tokens in challenge to Wall Street
Kraken has opened access to the upcoming SpaceX IPO through tokenized shares across more than 110 markets, bringing a traditionally exclusive Wall Street process to retail investors. According to an announcement from Kraken, SpaceX will become the first company offered…
By Lawrence Mondal 6/5/2026, 11:41:12 PM
Trump directs $500M in Defense Production Act funds to revive US coal industry
The initiative may bolster short-term energy reliability but risks long-term environmental and economic challenges amid shifting energy trends. The post Trump directs $500M in Defense Production Act funds to revive US coal industry appeared first on Crypto Briefing.
By Editorial Team 6/5/2026, 11:28:06 PM
Broadcom shifts focus from acquisitions to AI organic growth
Broadcom's pivot to AI-driven organic growth could redefine its market identity, emphasizing long-term stability over acquisition-driven expansion. The post Broadcom shifts focus from acquisitions to AI organic growth appeared first on Crypto Briefing.
By Editorial Team 6/5/2026, 11:28:02 PM
US shoots down Iranian drones near Strait of Hormuz after Trump remarks
Heightened US-Iran tensions near the Strait of Hormuz could escalate regional conflict, impacting global markets and diplomatic relations. The post US shoots down Iranian drones near Strait of Hormuz after Trump remarks appeared first on Crypto Briefing.
By Estefano Gomez 6/5/2026, 11:20:04 PM
Spot Bitcoin ETFs attract $3M as historic outflow streak comes to an end
U.S. spot Bitcoin ETFs have recorded $3.05 million in net inflows on Thursday, ending a record 13-day withdrawal streak that erased more than $4.4 billion from the funds since mid-May. According to SoSoValue data, Thursday’s modest inflow brought an end…
By Lawrence Mondal 6/5/2026, 11:18:00 PM
UN Security Council to hold emergency session after Russian attack on Ukraine
The emergency session underscores global tensions, potentially hindering peace efforts and complicating diplomatic resolutions in the conflict. The post UN Security Council to hold emergency session after Russian attack on Ukraine appeared first on Crypto Briefing.
By Estefano Gomez 6/5/2026, 11:12:09 PM
Coinbase CEO Brian Armstrong warns China could win if US crypto rules stall
Coinbase CEO Brian Armstrong has turned the U.S. crypto policy fight into a national competitiveness argument by saying rivalry with China could strengthen America. Armstrong said competition with China “might be the best thing to happen to America since the…
By Irene Mukiri 6/5/2026, 11:09:42 PM
Grand Theft Auto VI reshapes game release schedules with November 2026 launch
The reshaping of game release schedules highlights the significant market influence and strategic adjustments driven by major game launches. The post Grand Theft Auto VI reshapes game release schedules with November 2026 launch appeared first on Crypto Briefing.
By Estefano Gomez 6/5/2026, 11:07:55 PM
Meta AI chief Alexandr Wang bets on health capabilities to set future models apart
Meta's focus on health capabilities in AI models could redefine user engagement, but regulatory challenges may pose significant risks. The post Meta AI chief Alexandr Wang bets on health capabilities to set future models apart appeared first on Crypto Briefing.
By Editorial Team 6/5/2026, 11:05:13 PM
USDT Hits Near 100% Market Share in Key Latam Markets, New Oobit Report Reveals
A recent report by Oobit disclosed that in almost all Latam markets, most stablecoin transactions were completed using USDT, which acts as the de facto dollar proxy in the region. In addition, the company highlighted that the region’s use of stablecoins was akin to cash. Oobit Highlights Tether’s Domain Of Latam’s Stablecoin Markets USDT, in […]
By Sergio Goschenko 6/5/2026, 11:05:01 PM
Hezbollah approaches Trump to discuss halting fighting in Lebanon
Hezbollah's outreach to the US amid Lebanon's conflict highlights the complex interplay of regional power dynamics and global diplomatic negotiations. The post Hezbollah approaches Trump to discuss halting fighting in Lebanon appeared first on Crypto Briefing.
By Editorial Team 6/5/2026, 11:04:13 PM
Hyperliquid Faces 5 Possible Paths As US Regulatory Pressure Builds: Expert
Hyperliquid is facing a growing set of regulatory constraints in the US and UK, even as the decentralized perpetuals venue continues to attract major market attention. Derek Edwards, managing partner at Collab+Currency and co-founder of Glitch Marfa, said the project now appears to have five possible routes as US oversight of crypto perps begins...
By Jake Simmons 6/5/2026, 11:00:27 PM
Pump.fun launches GO as users race to complete bizarre bounties
Pump.fun has launched a new bounty marketplace that has attracted more than 1,100 submissions and listed over 320 active tasks within hours of going live. According to Pump.fun, the Solana-based meme coin platform introduced GO on June 5 as a…
By Lawrence Mondal 6/5/2026, 10:42:24 PM
House passes $8B security aid bill for Ukraine amid GOP objections
The House's approval of the Ukraine aid bill highlights a significant legislative-executive rift, potentially impacting future U.S. foreign policy. The post House passes $8B security aid bill for Ukraine amid GOP objections appeared first on Crypto Briefing.
By Editorial Team 6/5/2026, 10:41:24 PM
China’s semiconductor stocks rally on IPOs, Huawei chip breakthroughs
China's semiconductor advancements and IPOs could reshape global tech dynamics, challenging US dominance and accelerating AI innovation. The post China’s semiconductor stocks rally on IPOs, Huawei chip breakthroughs appeared first on Crypto Briefing.
By Editorial Team 6/5/2026, 10:41:03 PM
Bitcoin’s Crash Has Broken Below A 4-Month Support, But There’s Still One More Play Left
Bitcoin (BTC) has been in a sharp downtrend over the past two weeks, facing steady declines as selling pressure, market volatility, and negative sentiment weigh on its price. During one of its recent market crashes, a crypto analyst noted that BTC had officially broken below a critical four-month support level, leaving the cryptocurrency in a...
By Scott Matherson 6/5/2026, 10:30:15 PM
US money market funds surge $66B to record $8.2T as investors rebalance
Investors' shift to money market funds highlights a growing preference for low-risk returns amid economic uncertainty, impacting riskier assets. The post US money market funds surge $66B to record $8.2T as investors rebalance appeared first on Crypto Briefing.
By Editorial Team 6/5/2026, 10:18:41 PM
ETH falls to 13-month low on Zcash bug news and Bitcoin drop to sub-$60K: Is $1.4K next?
ETH price crashed below $1,600 as a vulnerability in Zcash emerged and Bitcoin sold off below $60,000 for the first time in months.
By Marcel Pechman 6/5/2026, 10:18:29 PM
SpaceX advances IPO process with unconventional fixed-price structure
SpaceX's fixed-price IPO could redefine market dynamics, shifting pricing risk to investors and potentially democratizing access to mega-IPOs. The post SpaceX advances IPO process with unconventional fixed-price structure appeared first on Crypto Briefing.
By Editorial Team 6/5/2026, 10:18:18 PM
SEC moves forward on rules for tokenized securities trading, prioritizes "innovation without arbitrage"
The US Securities and Exchange Commission (SEC) is developing a regulatory framework for the listing and trading of tokenized securities. The agency seeks to integrate blockchain-based assets into traditional financial markets without creating regulatory advantages for any market participant.
By N/A 6/5/2026, 10:13:33 PM
Why Is Bitcoin Crashing? Worst Week of 2026, $59,100 Low, and More Than Half of All BTC Now in the Red
Bitcoin fell to its lowest price of 2026 on Friday, touching $59,100 intraday as over 351,000 traders were liquidated across crypto markets in a single 24-hour window. Bitcoin Falls 19% in 7 Days and Touches $59,100 The move extended a sharp selloff that has taken bitcoin down 19.3% in seven days, 22.2% in the past […]
By Jamie Redman 6/5/2026, 10:05:57 PM
Zcash price plunges 50% amid bug fallout and Hayes selloff, can whales reverse the trend?
Zcash has plunged nearly 50% from its recent high after disclosure of a critical network vulnerability triggered panic selling, forced liquidations, and the exit of one of the privacy coin’s most prominent supporters. According to crypto.news market data, Zcash (ZEC)…
By Lawrence Mondal 6/5/2026, 9:58:27 PM
Trump announces $700M coal investment using wartime powers to revive US industry
Trump's coal investment may temporarily bolster the industry, but it risks taxpayer funds on a sector facing long-term decline due to cheaper alternatives. The post Trump announces $700M coal investment using wartime powers to revive US industry appeared first on Crypto Briefing.
By Editorial Team 6/5/2026, 9:56:20 PM
Strategy’s STRC sinks to record low as Bitcoin selloff drags crypto market lower
Strategys STRC hit a record low as Bitcoin fell below $60K, pressuring MSTR shares and its preferred stock structure. The post Strategy’s STRC sinks to record low as Bitcoin selloff drags crypto market lower appeared first on Crypto Briefing.
By Estefano Gomez 6/5/2026, 9:45:09 PM
Veteran Trader Peter Brandt Names XRP Top Contender for Transactional Use
Despite weak market conditions, XRP has strengthened its utility case, earning praise from one of its longtime critics.
By Newton Gitonga 6/5/2026, 9:40:07 PM
Top US Banks to Launch Tokenized Deposit Network: Report
The planned network aims to connect traditional banking rails with blockchain infrastructure for around-the-clock settlement capabilities.
By Wayne Jones 6/5/2026, 9:39:35 PM
Uniswap records largest UNI burn as Hayden Adams backs DeFi
Uniswap has recorded its largest daily UNI burn under the UNIfication mechanism as Hayden Adams renewed his bullish view on DeFi and Ethereum. Hayden Adams, the creator of Uniswap, said on X that he is “extremely bullish on DeFi and…
By Irene Mukiri 6/5/2026, 9:34:37 PM
JPMorgan, Citi plan tokenized deposit network launch next year
The tokenized deposit network could redefine banking by merging crypto's speed with traditional security, challenging stablecoin dominance. The post JPMorgan, Citi plan tokenized deposit network launch next year appeared first on Crypto Briefing.
By Editorial Team 6/5/2026, 9:33:07 PM
Could Solana Be The Best Spot Trading Market Globally? This Crypto Pundit Thinks So
Heavily haken by ongoing volatility, Solana and its broader market are facing heightened downside pressure, pushing its price to the $68 mark. Despite how bearish SOL has turned out over the past few months, robust optimism continued to be expressed toward the leading altcoin and its market capability. Solana’s Market Structure Draws Bold...
By Godspower Owie 6/5/2026, 9:30:58 PM
Dan Loeb: Event-driven investing capitalizes on complex transactions, the enduring importance of human relationships in finance, and why adaptable management teams are key to success | All-In Podcast
Technological literacy and adaptable management are reshaping investment strategies in today's complex financial landscape. The post Dan Loeb: Event-driven investing capitalizes on complex transactions, the enduring importance of human relationships in finance, and why adaptable management teams are key to success | All-In Podcast appeared first...
By Editorial Team 6/5/2026, 9:24:54 PM
Bitcoin Faces Headwinds From Capital Rotation Into AI And Gold
Bitcoin bulls are facing another setback after a sluggish recovery attempt last month. The asset dipped below $65k, wiping out billions after testing key support levels.
By Aliyu Pokima 6/5/2026, 9:22:58 PM
Michael Saylor fires back after Cramer blames him for Bitcoin crash
Bitcoin has fallen to nearly $59,000 after dropping more than 20% in a week, prompting Michael Saylor to respond publicly after CNBC host Jim Cramer blamed him for the cryptocurrency’s latest selloff. Posting on X as Bitcoin (BTC) slid below…
By Lawrence Mondal 6/5/2026, 9:22:01 PM
Apollo, Blackstone finalize $35B funding for Anthropic’s AI infrastructure growth
The investment underscores the strategic importance of AI infrastructure in enhancing U.S. competitiveness and shaping future technological landscapes. The post Apollo, Blackstone finalize $35B funding for Anthropic’s AI infrastructure growth appeared first on Crypto Briefing.
By Estefano Gomez 6/5/2026, 9:21:58 PM
Ramp’s valuation jumps to $44B after $750M funding round
Ramp's rapid valuation growth highlights the increasing investor confidence in fintech innovations and AI-driven financial management solutions. The post Ramp’s valuation jumps to $44B after $750M funding round appeared first on Crypto Briefing.
By Editorial Team 6/5/2026, 9:09:04 PM
CME CEO Terry Duffy calls perpetual futures a ‘disaster waiting to happen’
The rapid approval of perpetual futures could destabilize markets, posing risks to retail investors and challenging traditional exchanges. The post CME CEO Terry Duffy calls perpetual futures a ‘disaster waiting to happen’ appeared first on Crypto Briefing.
By Editorial Team 6/5/2026, 9:08:33 PM
Crypto treasury boom splits as HYPE holders escape worst losses
Digital asset treasury companies have come under fresh pressure as the crypto market slump has pushed major bitcoin, ether, and Solana holders into large unrealized losses. Artemis data shows that Hyperliquid-focused treasury firms are the only major group still holding…
By Irene Mukiri 6/5/2026, 9:06:40 PM
Ethereum Drags Altcoins Below $880B as 22% Weekly Slide Shakes Trader Confidence
A broad crypto sell-off on Friday dragged the total altcoin market capitalization down to $880 billion. Zcash was the hardest-hit major token, crashing over 40% to $264.80. Market Bloodbath Drags Altcoin Cap Below $1 Trillion The mayhem that characterized the cryptocurrency market on Friday saw several high-cap altcoins log double-digit losses,...
By Terence Zimwara 6/5/2026, 9:05:47 PM
Hyperliquid Strategies Stays Profitable: Strategy And Bitmine Record Losses Above $10 Billion
Crypto markets endured further pressure this week as the sell-off spread to some of the industry’s largest digital asset treasuries (DATs). As of Friday, Bitcoin (BTC) had slipped back below $60,000 for the first time since 2024, Ethereum (ETH) was trading around $1,550, and Hyperliquid (HYPE) was near $57. While the declines weighed on the...
By Ronaldo Marquez 6/5/2026, 9:04:00 PM
Charles Hoskinson Sounds Alarm as Cardano Slips to Multi-Year Lows
Cardano (ADA) once dubbed the ETH killer, has lost momentum, leading to a plunge in prices over the last two months.
By Aliyu Pokima 6/5/2026, 9:01:57 PM
Institutions Are Loading Up On XRP, But Liquidity Tells A Different Story
XRP is attracting institutional capital at a time when liquidity across the market is moving in the opposite direction. Fresh ETF inflows and growing accumulation among long-term holders continue to support the bullish case, but recent data suggest a different challenge is emerging beneath the surface. While demand appears healthy, the amount of...
By Sandra White 6/5/2026, 9:00:01 PM
Travala lets AI agents book hotels with USDC on Base
Travala’s new protocol lets AI agents search and book hotels with USDC on Base, but travelers still approve the final payment.
By Bryan O'Shea 6/5/2026, 8:55:27 PM
Claude now authors over 80% of code merged into its own codebase
AI's rapid self-improvement in coding could necessitate global oversight, as human roles shift towards strategic oversight and architecture. The post Claude now authors over 80% of code merged into its own codebase appeared first on Crypto Briefing.
By Editorial Team 6/5/2026, 8:44:29 PM
SpaceX lands Google GPU deal as record IPO countdown begins
SpaceX has secured a major compute agreement withGoogle ahead of its planned Nasdaq listing, adding another large customer to its expanding AI infrastructure business. A regulatory filing by SpaceX said Google will pay the company $920 million per month from…
By Irene Mukiri 6/5/2026, 8:43:25 PM
Putin confirms talks with US on potential military operation in Cuba, raising geopolitical risk for markets
Heightened US-Russia tensions over Cuba could destabilize global markets, impacting energy supplies and increasing demand for digital assets. The post Putin confirms talks with US on potential military operation in Cuba, raising geopolitical risk for markets appeared first on Crypto Briefing.
By Editorial Team 6/5/2026, 8:43:23 PM
Crypto tax proposals weighed ahead of Tuesday House hearing
Among the issues US lawmakers are expected to discuss in a digital asset taxation hearing are “de minimis” reporting exceptions for crypto transactions.
By Turner Wright 6/5/2026, 8:41:38 PM
Bitcoin Drops To $59,000 For First Time Since 2024: Crypto’s Total Value Sheds $2 Trillion Since October
Bitcoin (BTC) accelerated its decline on Friday, falling to roughly $59,685—the lowest level seen since October 2024, when US voters were preparing for the November presidential elections of that year. The sell-off has now spilled beyond BTC itself, dragging the wider crypto market lower and wiping out more than $2 trillion of value since the […]
By Ronaldo Marquez 6/5/2026, 8:37:27 PM
Ripple's Schwartz Reveals Where XRP Ledger Is Headed
Ripple’s David Schwartz laid out an ambitious roadmap for the XRP Ledger.
By Alex Dovbnya 6/5/2026, 8:33:56 PM
Brad Sherman slams stablecoin tax refunds as tax evasion tool
Brad Sherman has criticized proposals to distribute government payments through stablecoins, warning during a congressional hearing that such a system could support tax evasion while lawmakers simultaneously advance several new crypto tax proposals. According to remarks delivered during a House…
By Lawrence Mondal 6/5/2026, 8:22:47 PM
SK Hynix receives strong backing from investors for US listing plan
SK Hynix's US listing could reshape AI chip supply dynamics, offering investors direct access to a key memory supplier amid rising demand. The post SK Hynix receives strong backing from investors for US listing plan appeared first on Crypto Briefing.
By Editorial Team 6/5/2026, 8:20:17 PM
Modern Treasury adds USDC on Base to bridge stablecoin payments with traditional banking rails
The integration of USDC on Base by Modern Treasury could accelerate stablecoin adoption in enterprise payments, bridging crypto and traditional finance. The post Modern Treasury adds USDC on Base to bridge stablecoin payments with traditional banking rails appeared first on Crypto Briefing.
By Editorial Team 6/5/2026, 8:18:56 PM