CMC Crypto News

A purchase executed at current prices would lower the average cost basis and widen the gap between the June 1 sale price and the firm's overall entry level.

Approximately $7 billion in leveraged positions were liquidated across the market over the same period, with around $5.7 billion of those being long positions.

The bank said a reserve rebuild may be necessary before investor confidence returns.

Bitcoin climbed above $63K while Asian stock markets plunged, with analysts watching the $60K support level closely.

Zcash unveiled its proposed Ironwood shielded pool after fixing a critical vulnerability that briefly sent ZEC down over 50%.

Hayes made the warning in an interview before disclosing on June 4 that he had sold his entire HYPE position.

Hong Kong formed a new industry group with JPMorgan, HSBC, and UBS to accelerate tokenized bond adoption and market growth.

JPMorgan, Citi, and major US banks are preparing a shared tokenized deposit network with 24/7 settlement targeted for 2027.

Grayscale warns Bitcoin needs new sources of demand as Strategy’s ability to keep accumulating BTC becomes increasingly constrained.

Chainalysis says a $100 million gray-market peptide industry increasingly relies on Bitcoin and stablecoins as traditional payment channels close.

Professional Bitcoin ETF holdings fell 17% in Q1 as hedge funds and brokerages reduced exposure, while major banks expanded positions.

Coinbase and Better closed the first Fannie Mae-backed mortgage using Bitcoin collateral, opening a new path for crypto-backed home financing.

JPMorgan says the CLARITY Act faces a narrowing path to passage in 2026 as political hurdles and stablecoin yield disputes intensify.

Arthur Hayes exited his HYPE and NEAR positions, citing AI IPO liquidity risks, rising energy costs, and expectations of a market peak before September.

Citi says weak investor demand and persistent ETF outflows are weighing on Bitcoin more than Strategy’s recent BTC sale.

Tether and Fasset launch a Visa card offering up to 6% cashback in XAUT, bringing tokenized gold into everyday payments.

Zcash completed an emergency upgrade to fix a critical Orchard privacy pool bug, with no funds lost or user privacy affected.

reasury Secretary Scott Bessent says the US is moving forward with a strategic Bitcoin reserve and wants the CLARITY Act passed this summer.