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The Latest Breaking News from Crypto

Congress Debates Whether Crypto Tax Relief Should Extend Beyond Stablecoins

A congressional hearing this week could determine whether tax rules continue to treat most crypto transactions as taxable property sales.

International Business Times

Bitcoin (BTC USD) crashes 50% from October 2025 high, ETFs lose billions, and $1.8 billion gets liquidated - reasons why this crypto selloff is different from 2022 and 2018

Bitcoin (BTC USD) crash reasons explained: Crypto market's recent 48% plunge differs from past crashes, driven by economic pressures like inflation and a strong dollar, not industry failures. Despite significant losses and ETF outflows, core infrastructure remains stable. Analysts suggest sentiment, not structural issues, fuels the selloff, with stablecoins potentially…

The Economic Times

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.54 Million Tokens, and Total Crypto and Total Cash Holdings of $9.6 Billion

NORWALK, Conn., June 8, 2026 /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash + "moonshots" holdings totaling $9.6 billion. As of…

AAP

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Bitcoin Price Today: BTC fights for $63K as Iran ceasefire hopes, CPI data, and Fed decision loom—will Ethereum, XRP, and Solana surge after critical inflation data?

BTC Price Today Prediction News: Bitcoin trades near $63,000 after rebounding from the June 5 low of $59,100, its weakest level since February. The rally followed renewed optimism around a potential U.S.-Iran ceasefire, briefly pushing BTC above $64,000. Markets now await June CPI inflation data and the Federal Reserve meeting,…

The Economic Times

Indian Man Tattooed Wrong Crypto Ticker On Forehead — Lost The Bounty, Made $17,500 Instead

A Tamil Nadu man's misspelled forehead tattoo of a meme coin ticker sparked a crypto movement, turning $2,585 into a $17,500 windfall.

International Business Times UK

Bitcoin rebounds to $63,000 after holding key support, but ETF outflows of $3.4 billion remain a concern

Bitcoin climbed back above the $63,000 level on Monday after successfully defending a key support zone, despite persistent ETF outflows of $3.4 billion. Ethereum and major altcoins also posted strong gains, reflecting improved market sentiment and renewed buying interest across the broader cryptocurrency market over the past 24 hours.

The Economic Times

Crypto crash: Where do Bitcoin and Ether stand after the historic crash?

The prices of two other tokens, Ethereum and Solana, also rose on Monday, gaining 3.25% and 4.18%, respectively. Ethereum, the second-largest cryptocurrency, was trading at $1,649.42 after falling 17.26% over the past week. Solana was trading at $65.31 following a 20% decline over the last seven days.

The Economic Times

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HTX Launches "Appreciation Program" with Over $10 Million to Reward User Trust

APIA, Samoa, June 8, 2026 /PRNewswire/ -- Amid the rapid iteration of the crypto industry and the constant shifts in market conditions, the relationship between trading platforms and their users is being fundamentally redefined. As the era of aggressive user acquisition fades, "long-term companionship and mutual trust" is emerging as…

AAP

Labour urges Farage to stop evading scrutiny over £5m gift from crypto billionaire

Call for ‘clear and truthful account’ comes amid questions about the Reform leader’s property spending

The Guardian - UK

Nigel Farage plans £700k Kent house makeover after £5 million gift from crypto billionaire

Plans for the house in Greatstone include building a sizable extension, with the property also due to have four bedrooms and a sea view balcony

Evening Standard

Texas Dem's win backed by crypto bros

Christian Menefee, 38, unseated Al Green, 78, after Texas Republicans combined their districts into one

Salon

Bybit Launches IPO Express, Becoming One of First Centralized Crypto Exchanges to Offer Tokenized IPO Access, Starting With SpaceX

DUBAI, UAE, June 7, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, today announced the launch of Bybit IPO Express, becoming one of the first centralized crypto exchanges globally to offer tokenized IPO (initial public offerings) at the offering price. Powered by Payward Services' xStocks, eligible…

AAP

Bitcoin Price today: BTC trades over $61,000-mark after Cryptocurrency fell to historic low. Are gold, AI stocks to be blamed for world's largest crypto crash?

Bitcoin BTC Price: Cryptocurrency saw its peak after becoming market favourite since the re-election of US President Donald Trump.

The Economic Times

'AI won't just moderate posts, it will curate reality': Former White House AI czar David Sacks warns against govt control of AI

David Sacks, chair of the President's Council of Advisors on Science and Technology and former White House AI and Crypto Czar, has criticized US Senator Bernie Sanders' proposal to give the public a 50 per cent ownership stake in major American AI companies, warning that government control of artificial intelligence…

The Economic Times

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The Economic Times

When is the best time to trade crypto in India?

Crypto markets operate 24/7, offering Indian traders opportunities beyond traditional market hours. According to CoinDCX co-founder Sumit Gupta, the Europe-US trading overlap between 6:30 PM and 10:30 PM IST is often the most active period, with higher liquidity, tighter spreads, and stronger institutional participation driving price action.

Fortune

The Class of 2026: Meet the 12 companies making their Fortune 500 debut

From crypto companies to mattress makers, these companies made it in the list’s 72nd year.

International Business Times

Bitcoin Plunges, Ethereum Hits Lowest Level Since April 2025 As Crypto Selloff Deepens

The cryptocurrency market has shed hundreds of billions in value this week as investors pull money from crypto funds and move toward other asset classes.

The Economic Times

Crypto market crash: Why Bitcoin, XRP, Ethereum and altcoins are down today? Latest crypto market news and price analysis as BTC falls below $60,000, ETH plunges nearly 12%, and the Nasdaq Crypto Index drops almost 7%

Why is the crypto market down today? Bitcoin, Ethereum, XRP, Litecoin, and major altcoins plunged as ETF demand weakened. The cryptocurrency market is under severe pressure today. Bitcoin is hovering near $61,000, XRP has hit a 15-week low, Ethereum has shed over 25% this month, and Solana is among the…

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The Economic Times

What is actually happening to Bitcoin (BTC) right now? Why the $2 trillion crypto market crash is sending Bitcoin, Ethereum, Solana, and XRP into freefall

Bitcoin crash fears intensified after BTC briefly slipped below $60,000 for the first time since October 2024. The broader crypto market has lost roughly $2 trillion since its October peak, falling from about $4.2 trillion to nearly $2.1 trillion. Ethereum price dropped around 10%, while Solana and XRP also suffered…

The Economic Times

Bitcoin's star fades, as investors flock to lustre of AI and megacap IPOs

After more than a decade, Bitcoin finds itself in a downturn unlike any spring we've seen before. Its value has plummeted as AI stocks surge, and with fresh market listings on the horizon, investors are reallocating their resources. Many are choosing to withdraw from Bitcoin ETFs, shifting their focus to…

The Economic Times

Bitcoin soon to become a thing of the past? What is wrong with world's largest cryptocurrency which hit record highs above $125,000 a few months back?

Bitcoin price is around 40 per cent lower than where it was when U.S. President Donald Trump took office in January 2025, having vowed to make the U.S. the crypto capital of the world.

The Economic Times

Bitcoin (BTC USD) price fell 15% and Ethereum (ETH USD) dropped to lowest level since April 2025 - here are the reasons why crypto market is crashing this week

Bitcoin and Ethereum price crash: Crypto markets are experiencing a significant downturn, with Bitcoin and Ethereum seeing sharp declines. This selloff is driven by extreme fear, reduced trading activity, substantial liquidations, and outflows from crypto ETFs. Investors are also shifting attention to AI IPOs and other sectors, while strong US…

Bored Panda

From Forehead Tattoos To World Cup Skydiving, These Tasks Sparked Fears Of A Real-Life ‘Black Mirror’ Scenario

Comments such as “Hunger Games turning into reality,” “Free money. But at what cost?” and “This is going to end really, really badly,” flooded social media.

The Free Financial Advisor

Cryptocurrency Owners Are Getting IRS Letters — Even for Small Trades

The IRS has stepped up enforcement in a big way, and cryptocurrency owners now feel the pressure even on small, everyday trades. Letters from the IRS increasingly land in mailboxes after exchanges report user activity through expanded tax forms and compliance systems. Many investors expect scrutiny only after large profits,…

AAP

Bitget Launches Anti-Scam Month as Multi-Asset Fraud Loss Hits $442 B

VICTORIA, Seychelles, June 05, 2026 (GLOBE NEWSWIRE) -- Bitget, the world's largest Universal Exchange (UEX), has launched Anti-Scam Month 2026, its annual global security initiative running throughout June under the theme “More Assets, Stronger Shield: Stay Safe in the Multi-Asset Era.” The initiative expands Bitget’s focus on user protection as…

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