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Avalanche Treasury Co. falls 16% as it debuts on Nasdaq
The Avalanche Treasury holds about 15 million of the blockchain’s native token, AVAX, which is trading at a five-year low.
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Crypto News
LATEST CRYPTOCURRENCY NEWS
Sam Bankman-Fried loses appeal to overturn 25-year prison sentence
A federal appeals court upheld the former FTX chief’s conviction, while his bid for clemency from President Donald Trump appears to face steep political odds.
Bitcoin surfs SpaceX IPO at $64K as trader warns key BTC price support may crumble
Bitcoin hit $64,000 as SpaceX launched a record-breaking IPO and US-Iran peace deal hopes continued to grow, but doubts over BTC price support remained.
Crypto Biz: SpaceX fuels tokenization’s next boom
Tokenized RWAs surge despite crypto volatility, Kraken launches SpaceX IPO xStocks, prediction markets outpace onchain gambling and Sam Bankman-Fried seeks a Trump pardon.
Polish president vetoes crypto bill for third time ahead of MiCA deadline
Polish President Karol Nawrocki vetoed a bill to implement MiCA for the third time, just weeks before the end of the EU crypto framework’s transitional period.
Metaplanet to form securities arm through Siiibo acquisition
Metaplanet will acquire Siiibo Securities and rename it Metaplanet Securities as it builds out Project Nova, its Bitcoin-centric finance strategy in Japan.
SpaceX tokenized IPO campaign draws $557M on Binance ahead of debut
Crypto markets are becoming a new venue for pre-IPO price discovery ahead of SpaceX’s highly anticipated debut on June 12.
KuCoin has not paid $2M award tied to delisted token dispute, investor says
A Seychelles court said KuCoin can’t treat unwithdrawn tokens as “abandoned,” and awarded a Swiss investor over $2 million. He says the exchange still hasn’t paid and plans to sue again.
SpaceX IPO update: Whale opens $22.3M SPCX long as synthetic price hits 30% premium
SpaceX’s IPO hype may fuel a strong debut, but history shows richly valued listings often struggle after the first-day pop fades.
Bitcoin miner ‘capitulation’ comes as trader sees later 2026 bear-market bottom
Bitcoin miner metic sparked talk of “capitulation” as profit margins stayed under 5%, but the BTC price bear-market bottom remained absent.
Crypto scammers exploit World Cup ticket demand, TRM warns
FIFA and the FBI warned of ticket scams as TRM Labs identified World Cup-themed crypto fraud operations tied to multiple wallet addresses.
International sting shuts down $390M crypto money-laundering ring
Eleven countries were involved in the joint operation that ended the AudiA6 crypto laundering ring and Dark2Web marketplace.
SEC plan to scrap ‘Rule 611’ a boon for tokenized US stocks: Galaxy
Galaxy’s Alex Thorn says a plan to scrap rules on stock orders and quotes would remove a major barrier to tokenized stocks trading on decentralized platforms.
LG, Arbitrum launch blockchain-based bid for $679B ad market
LG is building a blockchain focused on buying and selling ads, joining a wave of companies launching their own blockchains in recent years.
Coinbase launches tool letting AI agents make payments and trade crypto
Coinbase for Agents will let users of the crypto exchange manage their holdings “without the constant manual oversight” and can autonomously perform a range of tasks.
Avalanche Treasury Co. falls 16% as it debuts on Nasdaq
The Avalanche Treasury holds about 15 million of the blockchain’s native token, AVAX, which is trading at a five-year low.
Big Tech crash, oil volatility rattles markets: Will Bitcoin hold above $60K?
With $1.9 billion exiting the spot Bitcoin ETFs and tech stocks under pressure, BTC is failing as a hedge and at risk of falling below the $60,000 support.
Citi launches blockchain marketplace for private companies shares: Report
The US banking giant’s blockchain marketplace will offer tokenized depositary receipts of private company shares amid Wall Street’s broad embrace of tokenized assets.
ETH futures traders lean into $1.6K range lows: Will Ether lead market recovery?
ETH traders increased their long positions as Ether price traded near 2026 lows. Will ETH’s rebound eclipse the BTC recovery?
Three signs that XRP price risks falling below $1 in June
XRP is forming head-and-shoulders and bear flag setups on its shorter-timeframe chart, both indicating a dip below $1 in the coming days.
Coinbase eyes World Cup boost as prediction markets surge: Bernstein
Bernstein says the 2026 FIFA World Cup could inject billions into prediction markets, with Coinbase and Robinhood positioned to capture a wave of new users.