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Crypto’s worst two-day selloff in months deepens as investors pursue AI trading elsewhere

The crypto market succumbed to a wave of selling pressure and liquidations on Thursday, along with bitcoin. BTC$63,729.63 falling to around $61,300 at 02:00 UTC before climbing back up to $64,680. It recently traded around $62,500. Ether (ETH) has lost 3% since midnight UTC, now trading at around $1,750. Several other altcoins saw larger declines, […]

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Losing Bitcoin Supply Exceeds Profit, a Characteristic of Bear Market Bottoms

The quantity of Bitcoin BTC$63,729.63 the losing supply has reached a key bear market threshold, surpassing 10 million BTC, or more than half of the total in circulation. According to Glassnode data, with a one-hour resolution, the number peaked at around 10.5 million BTC as the price fell to $61,300 on Thursday. The total circulating

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Goldman Sachs partners with Apex and Archax for a tokenized real estate fund

Investment bank Goldman Sachs has partnered with fund services giant Apex Group and digital asset exchange Archax to tokenize real estate, the companies announced Thursday. Infrastructure provider Ownera and real estate investment manager LRC Group are also included in the blockchain-native real estate fund’s debut. Tokenization of real-world assets (RWA) is all the rage among

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ADA below 20 cents as Hoskinson says he’s ‘taking a break’ after warning of ecosystem failures

Cardano founder Charles Hoskinson said he was “taking a break” after warning that the blockchain ecosystem faced a coming “wave of failures” as ADA fell below $0.20 for the first time in over five years. I’m taking a break. TTYL – Charles Hoskinson (@IOHK_Charles) June 3, 2026 ADA is down almost 10% on the news,

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Polymarket says no for May, yes for June after Strategy’s recent Bitcoin sell-off

Strategy’s recent bitcoin sale, the first in over three years, sparked a major dispute on Polymarket, with the dispute resolution body run by UMA token holders ultimately ruling against punters who had bet the sale would take place by May 31. The controversy began after Strategy revealed in a June 1 filing that it had

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Apyx stablecoin undergoes brief depegation. The protocol says it’s a feature, not a bug

Stablecoin depegs are a recurring feature of crypto bear markets. And the final candidate is apxUSD, the Apyx protocol’s preferred equity-backed stablecoin. As a Bitcoin market leader BTC$64,040.41 fell sharply over the past 24 hours, hitting a low of less than $63,000 at one point, apxUSD briefly slipped as low as 93 cents, moving away

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BTC, ETH, SOL and XRP ETFs lose $4.4 billion over 13 sessions, only HYPE in green

The Bitcoin ETF hemorrhage has spread throughout crypto. U.S. spot Bitcoin funds lost another $396.60 million on Wednesday, extending a record outflow streak to 13 straight sessions and a $4.37 billion flight since mid-May, while Ether, Solana and XRP products joined the buyback wave. Hyperliquid’s HYPE spot ETF was the only major crypto fund still

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Apparent Zcash outage was a block explorer issue, infrastructure provider says

For a few hours on Wednesday Asian time, the Zcash blockchain didn’t appear to be producing new blocks – but that’s a problem with the block explorers themselves, not the chain, according to some observers. Think of the blockchain as a ledger that continually grows as new transactions are added. Each “block” is a new

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Pace Gallery Cuts 50 Artists and 50 Staff Amid Art Market Challenges

In perhaps the strongest sign of a major transformation in the art market, Pace Gallery plans to announce Thursday that it is reducing its roster by 50 artists and its staff by 50 people, indicating that even a well-established gallery must downsize in this difficult economic climate. “The whole art system of art galleries has

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