Crypto News

Traders Sue Polymarket Over 'No' Ruling on Strategy Bitcoin Sale Traders Sue Polymarket Over 'No' Ruling on Strategy Bitcoin Sale Traders involved with decentralized prediction market Polymarket have filed a lawsuit in New York against the platform. This legal action stems from a "No" ruling by the platform concerning an ongoing prediction market revolving around the sale of Bitcoin by a strategy involving high-profile defender Michael Saylor's firm. The lawsuit seeks to challenge the platform’s decision, which resulted in the loss of significant financial stakes for until-now anonymous traders who bet substantial sums based on the prediction market’s outcome. The legal filing also aims at revisiting the platform's decision related...

Bitcoin Rally Stalls Near $64K – Strategy's Biggest BTC Sale Fails To Shake Bulls Ethereum's price was trading at around $1,770 on Tuesday morning, up around 0.9% in the last 24 hours and among the top trending cryptocurrencies. Retail sentiment around the leading altcoin on the platform trended in 'bullish' territory over the past day, with chatter at 'normal' levels. CoinGlass data showed over $526 million in crypto liquidations over the last 24 hours, with a near-even split between long and short bets. Bitcoin traders accounted for more than half of the losses at nearly $240 million, followed by Ethereum traders, who saw nearly $132 million wiped out. Read also: MU, SNDK, WDC Stocks Fall Premarket: Samsung, SK Hynix Briefly Drag...

Solana TVL Just Hit a 5-Week High: Should Traders Pay Attention? The stablecoin supply on Solana strengthens the case. It sits around $15.6 billion, just below the roughly $16 billion peak set on July 3, leaving dry powder that can fund more buying if demand holds. The stablecoin supply still remains higher than late June levels. Together, the leverage reset, holder accumulation, and rising Solana TVL point one way. The move rests on deposits and patient buyers, not funding, which gives it a firmer base than a leveraged bounce. More so when the Solana price is up over 9% in the weekly timeframe. Whether it lasts may show first in TVL (network health) and holder flows (on-chain conviction). This article has been published in...

Michael Saylor's Strategy may have saved bitcoin from a bigger sell-off: 'A balancing force in the market' Michael Saylor's Strategy may have saved bitcoin from a bigger sell-off: 'A balancing force in the market' As the cryptocurrency market continues to face volatility, Michael Saylor's strategy with MicroStrategy has been seen as a stabilizing factor. Saylor's company, which has been accumulating Bitcoin, has often acted as a buffer during sell-offs. His approach has provided a balancing force that has potentially prevented more significant market declines. MicroStrategy's buying strategy has shown that institutional investment in Bitcoin can add a layer of stability to the typically unpredictable crypto markets. The sustained...

Bitcoin holds above $63k as traders weigh fresh Iran tensions, tech selloff Investing.com-- Bitcoin held above $63,000 on Tuesday after giving up some ground in the previous session, as investors weighed renewed geopolitical tensions in the Middle East against improving demand for U.S.-listed spot bitcoin exchange-traded funds. The world’s largest cryptocurrency last traded 0.4% higher at $63,342.27 by 03:22 ET (07:22 GMT). Bitcoin rose to as high as $64,600 in the previous 24 hours before paring some gains. Get premium crypto market insights with InvestingPro subscription Traders weigh Middle East tensions, tech selloff It tracked softer sentiment across risk assets as concerns over stretched artificial intelligence-related...

Coinbase's AI System Hallucinated a World Cup Result Before the Match Even Started Coinbase's AI System Hallucinated a World Cup Result Before the Match Even Started Coinbase’s experiment with AI-driven prediction markets took an unexpected turn when its AI, designed to predict the outcomes of events like the World Cup, "hallucinated." The AI somehow generated a prediction of Argentina winning a match before the match even started, causing a stir among the users and developers. The AI agents, which were still under testing, attempted to project outcomes based on historical data and real-time information feeds. However, these systems, much like other evolving AI tools, sometimes produce unexpected results. This incident raised...

Tom Lee’s BitMine Adds $73 Million in Ethereum While Strategy Dumps Bitcoin Tom Lee’s BitMine Adds $73 Million in Ethereum While Strategy Dumps Bitcoin BitMine, the investment firm co-founded by financial strategist Tom Lee, has made significant moves in the cryptocurrency market. The firm has reportedly added $73 million worth of Ethereum to its portfolio, signaling a notable shift in strategy as it moves away from Bitcoin. This decision comes at a time when Bitcoin, the largest cryptocurrency by market capitalization, has faced challenges in maintaining its value. In contrast, Ethereum has been gaining attention due to its technological advancements and potential applications beyond just a digital currency. Tom Lee, known for his...

Trump Crypto Profits Hit $1B as Bitcoin Crashes 50% From Its ATH Trump Crypto Profits Hit $1B as Bitcoin Crashes 50% From Its ATH Capital rotation into AI and semiconductor stocks pulled speculative money away from crypto. Strategy (formerly MicroStrategy), a publicly traded bitcoin-accumulation firm, reversed its long-held commitment to never sell BTC, rattling confidence in the institutional HODLer narrative. Forced liquidations in the heavily leveraged crypto derivatives market then compounded the price drops. When BTC broke the $62,000 support level in early June, approximately $1.5 billion in leveraged long positions were liquidated in hours. Yusuf Fakhro, a partner at crypto infrastructure firm ARP Digital, said in a research...

Bitcoin’s ongoing bear market has been ’rather comforting,’ analyst says Investing.com -- Bitcoin has retested its recent lows near $60,000 before staging a modest bounce to around $63,000, with the cryptocurrency falling roughly 54% from its cycle peak of about $125,000 reached in November 2025. Bernstein analysts led by Gautam Chhugani said this drawdown has been notably shallower than prior cycles, which saw corrections of 75% to 90%. "Although it is unclear if we are completely out of the woods... this crypto bear market has been milder than the previous drawdown," the analysts wrote. Bitcoin treasury companies and ETFs have brought in $10 billion in 2026, compared with $60 billion last year. Bitcoin ETFs alone have shed $5.5...

Strategy reports $8.32B bitcoin loss and sells BTC to fund dividends Strategy (MSTR) disclosed in a regulatory filing that it recorded an $8.32 billion loss on digital assets for the three months ended June 30, 2026, comprising $8.31 billion in unrealized losses and $0.9 million in realized losses. As of June 30, 2026, Strategy held 846,000 bitcoin with a carrying value of $49.67 billion and an aggregate purchase price of $63.94 billion, reflecting an average purchase price of $75,578 per bitcoin. Between June 29 and June 30, 2026, the company sold 1,363 bitcoin for aggregate proceeds of $80.8 million at an average price of $59,256. Between July 1 and July 5, 2026, Strategy sold an additional 2,225 bitcoin for $135.2 million at an...

Deribit and SignalPlus Launch The Island Trading Competition With Up to $600,000 USDC in Prizes Panama City, Panama, July 6th, 2026, Chainwire Deribit by Coinbase, via its broker-dealer DRB Panama Inc., and SignalPlus, a leading provider of software and infrastructure solutions for crypto derivatives, today announced the launch of The Island, their fifth trading competition and biggest edition to date. Running for 35 days, the competition features up to $600,000 USDC in prizes across solo and team competition, daily and weekly reward rounds, Mystery Box deposit mechanics, short-dated options challenges, and a Private Island jackpot. Registration for The Island opens on June 29 at 08:00 UTC, with the competition running from July 6...

Bitcoin climbs above $63k as Fed rate hike fears ease Investing.com-- Bitcoin climbed above $63,000 in Asian trading on Monday, extending last week's rally as softer-than-expected U.S. economic data tempered expectations of a near-term Federal Reserve interest rate hike, while renewed inflows into spot ETFs improved investor sentiment. The world's largest cryptocurrency last traded 0.8% higher at $63,227.5 by 01:18 ET (05:18 GMT), after reaching a two-week high of near $64,000 in the previous session. Bitcoin jumped roughly 5% last week, rebounding from a 21-month low below $58,000 touched earlier in the week. Get premium crypto market insights with InvestingPro subscription Bitcoin rebounds on reduced Fed hike fears Market...

Coinbase Under Fire Over Alleged ‘AI Hallucination’ of World Cup Result Before Match Begins Coinbase Under Fire Over Alleged ‘AI Hallucination’ of World Cup Result Before Match Begins The exchange has also fielded betting promotion concerns in its consumer app. In March, Armstrong addressed a separate targeting bug that pushed unwanted alerts. Meanwhile, the error revives questions about AI safeguards in financial products used by millions. The company will likely disable automated match alerts until it can verify outcomes. Past fixes suggest a patch and an apology could follow. Repeated failures, however, point to deeper product strain. Coinbase and Armstrong did not immediately respond to BeInCrypto's request for comment. This...

Wall Street Veteran Visser Says Bitcoin Break Above 200-Day Average Would Start 'Next Phase' — Flags Micron Sell-Off As AI Warning Wall Street Veteran Visser Says Bitcoin Break Above 200-Day Average Would Start 'Next Phase' — Flags Micron Sell-Off As AI Warning Still, the hardware expansion is nascent, said Visser, with "a $90 trillion build-out" in memory, infrastructure, and humanoid robotics, he projected. Memory demand is insatiable, he said, telling investors to watch Micron, SK Hynix, and Samsung, although he said memory stocks should now return 30% to 40% a year rather than "30% to 40% a week." MU stock closed over 5% on Friday. On Stocktwits, retail sentiment around MU remained in the 'bullish' zone, while chatter stayed at...

Coinbase Bitcoin Premium Stuck In Negative Territory For 48 Days, Longest Streak On Record Coinbase Bitcoin Premium Stuck In Negative Territory For 48 Days, Longest Streak On Record Historically, a long stretch of negative premiums has been accompanied by U.S. institutional money leaving the market, analysts say, a trend that calls for caution about near-term pullback pressure. Bitcoin's price traded near $62,000 on Sunday, down more than 30% on the year and about 50% from its October high. On Stocktwits, retail sentiment around BTC remained in the 'bullish' zone, while chatter dropped to 'low' from 'normal' levels over the past day. This article has been published in stocktwits.com via Yahoo News...

Will Bitcoin Rise in July? 4 AI Models Predict BTC's Next Target Will Bitcoin Rise in July? 4 AI Models Predict BTC's Next Target Grok also leans cautiously bullish. The xAI chatbot expects Bitcoin to trade between $58,000 and $68,000 throughout July, with the most likely average price falling between $62,000 and $65,000. According to Grok, renewed ETF inflows, supportive Federal Reserve signals, and improving market sentiment could allow Bitcoin to challenge the $66,000-$70,000 region before month-end. Claude Refuses to Pick a Price Target Unlike the other models, Claude deliberately avoids issuing a numerical prediction. Instead, Anthropic's AI argues that short-term Bitcoin forecasts are inherently unreliable and focuses on...

Bitcoin to $53K? Exchange Deposits Jump as Analysts Warn of Increased Volatility Bitcoin to $53K? Exchange Deposits Jump as Analysts Warn of Increased Volatility Cryptocurrency analysts have issued warnings about potential increased volatility in the market as exchange deposits for Bitcoin experience significant growth. Historically, when deposits surge, it can indicate impending price changes, often leaning toward increased selling pressure. The current market scenario shows a rise in Bitcoin exchange deposits, which might be a precursor to potential price adjustments. This trend has analysts cautioning that Bitcoin could see swings in its value in the near future. Investors and market participants are advised to monitor these...

Can Ethereum Price Hit $62,000? We Assess Tom Lee's Bull Case as He Renews Bold ETH Predictions Can Ethereum Price Hit $62,000? We Assess Tom Lee's Bull Case as He Renews Bold ETH Predictions Could Ethereum Price Really Reach $62,000? Lee's latest comments build on one of his most ambitious long-term Ethereum and Bitcoin forecasts. Earlier this year, he said Ethereum could trade between $12,000 and $22,000 if Bitcoin climbs to $250,000 and the ETH/BTC ratio returns to levels seen during the 2021 bull market. He also outlined a more optimistic scenario if Ethereum becomes the foundation of the digital economy. He added that Ethereum could climb as high as $62,000 if investors begin treating the blockchain as critical payments...

Bitcoin trades above $62K as U.S. crypto bill gains fresh traction

EOS Climbs 10% In a Green Day EOS was trading at $0.0743 by 21:56 (01:56 GMT) on the Investing.com Index on Sunday, up 10.07% on the day. It was the largest one-day percentage gain since December 11, 2025. The move upwards pushed EOS’s market cap up to $0.0000, or 0.00% of the total cryptocurrency market cap. At its highest, EOS’s market cap was $17.5290B. EOS had traded in a range of $0.0725 to $0.0743 in the previous twenty-four hours. Over the past seven days, EOS has seen a rise in value, as it gained 21.69%. The volume of EOS traded in the twenty-four hours to time of writing was $104.7153K or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $0.0564 to $0.0758 in the past 7 days. At its current...