Cointelegraph.com
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Found 11876 news
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Cointelegraph.com - 14:30 Jun 08, 2026
Bitcoin flashes only its second weekly bullish divergence on record, a signal that previously preceded a 755% BTC price rally. 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: As of Monday, BTC's weekly relative strength index (RSI) was over 34, almost two weeks after slipping under the oversold threshold of 30. In the same period, the price dropped to around $63,000 from $75,770. Read more -
Cointelegraph.com - 14:02 Jun 08, 2026
South Korean lawmaker Kim Byung-gi faces probe over alleged nepotism tied to his son’s crypto jobs as police raid Bithumb's offices. 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 in January 2025 and worked there for about six months, the local outlet reported. Authorities are investigating whether any external pressure or preferential treatment influenced the hiring process. Read more -
Cointelegraph.com - 13:50 Jun 08, 2026
Strategy resumed Bitcoin buying by purchasing 1,550 BTC for $101.3 million, bringing its total holdings to 845,256 BTC after last week’s controversial sale. [Update 18:15 UTC June 8: Adds outcome of Strategy shareholder vote on change in preferred stock dividend payments in sixth paragraph.] Strategy purchased 1,550 Bitcoin for approximately $101.3 million last week, bringing its total holdings to 845,256 BTC. The company paid an average price of $65,332 per Bitcoin for the purchase, according to a Monday 8-K filing with the US Securities and Exchange Commission. Strategy's aggregate Bitcoin holdings were acquired at an average price of $75,680 per BTC, for a total cost of about $63.97 billion. Read more -
Cointelegraph.com - 12:08 Jun 08, 2026
CoinGecko and NFT Price Floor data show NFT market cap has cooled since April, while CryptoPunks and BAYC remain top collections by value. 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 blockchain, 0xQuit, said the recovery covered more than $500,000 worth of NFTs. Read more -
Cointelegraph.com - 11:40 Jun 08, 2026
Bitcoin traders warned that it should be Q3 at least before the real BTC price bear market bottom entered. Bitcoin (BTC) starts the second week of June with damage control — and new macro lows are still expected this year. Bitcoin saw modest relief around its latest weekly close, data from TradingView shows, but among traders, the lack of major good news is conspicuous. Read more -
Cointelegraph.com - 11:23 Jun 08, 2026
Man in eastern China who stole 107 Bitcoin using a memorized seed phrase gets 10 years and nine months behind bars. A court in the eastern Chinese city of Qingdao sentenced a man to 10 years and nine months in prison for stealing 107 Bitcoin after memorizing most of a victim’s 12-word wallet seed phrase. The Licang District People's Court sentenced the perpetrator, identified as Zhang, to prison and fined him 100,000 yuan (about $14,700) after finding he took control of the victim’s wallet and later cashed out more than $97,000, according to the case summary published by the Supreme People’s Procuratorate’s official WeChat account. Feng asked Zhang, an acquaintance who had previously helped with Bitcoin transactions, to assist in cashing out 117 Bitcoin in July 2023. While Feng wrote down the wallet’s 12-word recovery phrase during setup, Zhang memorized 11 of them and later reconstructed the final word to transfer 107 Bitcoin. Read more -
Cointelegraph.com - 10:02 Jun 08, 2026
Ironwood would close the old Orchard pool to new activity and route funds through a turnstile before they enter a new shielded pool. 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 add formal verification and independent audits to the Orchard protocol, a privacy system that lets users move ZEC without revealing transaction details. The proposal would close the current Orchard pool to new deposits and internal transactions, requiring funds to pass through a “turnstile,” which serves as an accounting checkpoint, before entering Ironwood. Read more -
Cointelegraph.com - 07:02 Jun 08, 2026
Maelstrom’s Arthur Hayes has been on a selling spree recently, offloading positions in HYPE, ZEC, NEAR and now WLD. 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, which had fallen sharply. “Dumped WLD. I’m out. See y’all at the clerb,” he added. Read more -
Cointelegraph.com - 07:01 Jun 08, 2026
Galaxy Digital says the Senate has a tight calendar ahead of the November elections, and the time needed to fix up and pass a key crypto bill is quickly fading. 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 75%, up from the 55% we published the morning of May 14's Senate Banking markup, Galaxy’s head of research Alex Thorn said in a note on Friday. “We are now lowering that estimate to 60%.” Thorn said the bill must pass the Senate before a month-long August recess starting in late July, as “after that, the window effectively closes.” He added that major legislation has historically not moved in the lead-up to the midterm elections due to lawmakers campaigning. Read more -
Cointelegraph.com - 07:00 Jun 08, 2026
The new wallet allows AI agents to execute transactions across DeFi protocols while operating within user-defined spending limits and security controls. MetaMask launched a self-custodial cryptocurrency wallet that allows artificial intelligence agents to transact across decentralized finance protocols within user-defined spending and security controls. Users can connect the Agent Wallet to AI agent frameworks and authorize software agents to operate within protocol allowlists. The wallet is compatible with frameworks including OpenAI Codex, Claude Code, OpenClaw and Hermes, according to MetaMask. MetaMask said transactions initiated by AI agents are screened through transaction simulation, threat detection and MEV protection systems before execution. Transactions flagged as malicious or outside a user's predefined rules require manual approval. Read more -
Cointelegraph.com - 07:00 Jun 08, 2026
The company added nearly 127,000 ETH over the past week and now has more than 4.7 million Ether staked through its validator infrastructure. Bitmine Immersion Technologies increased its Ether holdings to 5.54 million ETH after acquiring nearly 127,000 tokens over the past week, bringing its treasury to 4.59% of Ethereum's total supply. The company said it has now reached 92% of its stated goal of acquiring 5% of Ethereum's total supply, a strategy it calls the “Alchemy of 5%.” It added that 4.72 million ETH (ETH), or about 85% of its holdings, are currently staked through validator infrastructure, worth roughly $7.7 billion at current prices. Bitmine projected $230 million in annualized staking revenue from its current staked ETH position, with rewards potentially rising to $270 million if its holdings are fully staked through MAVAN and other staking partners. Read more -
Cointelegraph.com - 07:00 Jun 08, 2026
Eligible Bybit users can subscribe to tokenized SpaceX IPO shares through xStocks, a Kraken-linked framework that brings public market offerings to crypto exchanges. Bybit is joining a growing list of crypto exchange platforms allowing eligible users to subscribe to tokenized shares in US initial public offerings at the offering price, beginning with a SpaceX listing through the xStocks framework. Kraken parent Payward Services' xStocks framework aggregates investor demand across partner platforms and works with underwriting syndicates to secure IPO allocations before tokenizing the shares. Eligible users can register interest and submit subscription requests for tokenized IPO shares through Bybit, with allocations distributed on a pro-rata basis and unused funds refunded if demand exceeds available shares. SpaceX will be the first offering, with tokenized shares scheduled to begin trading on Bybit's spot market on June 12. Read more -
Cointelegraph.com - 04:34 Jun 08, 2026
The firm announced that the US securities regulator has declared its S-4 registration statement effective, bringing it closer to a SPAC merger with Cantor Equity Partners II. Real-world asset tokenization platform Securitize is one step closer to going public via a special acquisition company (SPAC) merger, after one of its filings was approved by the US Securities and Exchange Commission. The regulator approved the Form S-4 registration statement from Cantor Equity Partners II, a publicly traded special purpose acquisition company (SPAC) sponsored by an affiliate of Cantor Fitzgerald, and Securitize on Friday. Carlos Domingo, co-founder and CEO of Securitize, said the move marks “another important milestone for Securitize and for the broader institutional adoption of tokenization.” Read more -
Cointelegraph.com - 03:26 Jun 08, 2026
HTX said World Liberty froze its addresses and has responded by delisting and suspending the platform’s token. HTX, the crypto exchange linked to crypto entrepreneur Justin Sun, delisted the Trump family’s USD1 stablecoin after claiming World Liberty Financial wrongly froze the exchange’s addresses. “The World Liberty Financial (WLFI) project team recently stated that it has unilaterally imposed a freeze on specific HTX on-chain addresses based on sanctions compliance reviews,” said HTX on Saturday. “As a result, the on-chain circulation of certain WLFI assets associated with these addresses has been restricted,” it said, adding it delisted USD1 to safeguard user assets. Read more -
Cointelegraph.com - 20:52 Jun 07, 2026
Bitcoin eyes a rally toward $92,630 as BTC defends key long-term support while the Nasdaq flashes deeper correction risks. Bitcoin (BTC) traders said that BTC holding above the $60,000 psychological support over the weekend was important as it recovered 6.5% from a local low near $59,100 to an intraday high of around $62,950 on Sunday. Key takeaways: Bitcoin's rebound stood out as the tech-heavy Nasdaq Composite (IXIC) plunged more than 4% on Friday, its steepest one-day drop since April 2025. This has raised hopes that risk capital may return to BTC markets. Read more -
Cointelegraph.com - 19:45 Jun 07, 2026
Strategy’s top execs took to social media on Sunday to tout its Bitcoin strategy while shareholders cast final votes on a proposal for twice-monthly preferred stock dividend payments. Strategy watchers were not disappointed on Sunday as executive chairman Michael Saylor took to social media to signal pending news on changes in the company’s Bitcoin holdings, hours ahead of the final tally of shareholder votes on a proxy measure that would see the company pay dividends twice a month on its preferred STRC shares. “A good time to add more dots,” was the message Saylor posted on X.com along with a bubble chart tracking Strategy’s Bitcoin (BTC) purchases over the past nearly six years. That chart, from Iceland-registered StrategyTracker.com, has been consistently posted by Saylor in the days ahead of news of a purchase by the biggest publicly traded Bitcoin holder. By mid-afternoon on Sunday, Michael Saylor's X post had 2.3 million views. Source: Michael Saylor on X.com Read more -
Cointelegraph.com - 14:29 Jun 07, 2026
Bitcoin realized losses remained below the $211 billion tally from 2022, leading to a prediction that the next bear-market bottom was not yet in. Bitcoin (BTC) threatens to “purge further” as realized losses in the 2026 bear market fail to beat records. Key points: Read more -
Cointelegraph.com - 16:06 Jun 06, 2026
Bitcoin’s latest oversold RSI mirrors 2020 and February 2026 setups that preceded 50% and 30% rebounds, putting $70K back in focus. Bitcoin (BTC) is now flashing its most oversold signal since the COVID-19 crash, raising the odds of a relief rebound toward $70,000 in the coming weeks. Key takeaways: As of Saturday, Bitcoin’s daily relative strength index (RSI) stood near 15.5, well below the 30 level that typically marks oversold conditions and its lowest reading since the March 2020 market crash. Read more -
Cointelegraph.com - 22:18 Jun 05, 2026
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. Key takeaways: Ether (ETH) plummeted to a 13-month low of $1,540 on Friday, following the bearish trend across the broader cryptocurrency market. Traders now fear a deeper price correction, given weakness in ETH derivatives metrics and heightened risk after a bug was found in the Zcash blockchain. Read more -
Cointelegraph.com - 20:55 Jun 05, 2026
Travala’s new protocol lets AI agents search and book hotels with USDC on Base, but travelers still approve the final payment. Singapore-based crypto travel platform Travala has launched a protocol it says lets artificial intelligence agents search, reserve and pay for hotels with USDC (USDC) on layer-2 blockchain Base, extending agentic AI stablecoin payments into travel bookings. The Travala Travel MCP is live through Claude Desktop, with outside developers able to integrate it into their own travel agents, Travala said in a statement sent to Cointelegraph. The company said the system connects Travala’s hotel inventory to AI agents through the Model Context Protocol, an open standard for linking AI apps to external tools. Payments use Coinbase’s x402 protocol on Base, with Travala saying the setup allows gasless USDC transactions, near-instant settlement and transaction costs of about $0.01 per booking. Read more
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