Traders betting against bitcoin lost $504 million over 24 hours as it bounced from below $60,000, though a fresh Iran-Israel flare-up pulled prices back on Monday.
source https://www.coindesk.com/markets/2026/06/08/bitcoin-pump-to-usd63-700-triggers-the-most-short-liquidations-since-late-april
Sunday, June 7, 2026
Major cryptocurrencies under pressure as oil jumps 3%
BTC, ETH, XRP and others pulled back from their overnight highs as Iran-Israel tensions and oil rally triggered risk aversion in Asian stocks.
source https://www.coindesk.com/tech/2026/06/08/major-cryptocurrencies-under-pressure-as-oil-jumps-3
source https://www.coindesk.com/tech/2026/06/08/major-cryptocurrencies-under-pressure-as-oil-jumps-3
Bitcoin recedes to $63,000 as Iran-Israel trade strikes and Korean stocks crash
BTC has pulled back from overnight highs as escalating geopolitical tensions weigh over risk sentiment and send oil price higher.
source https://www.coindesk.com/markets/2026/06/08/bitcoin-recedes-to-usd63-000-as-iran-israel-trade-strikes-and-korean-stocks-crash
source https://www.coindesk.com/markets/2026/06/08/bitcoin-recedes-to-usd63-000-as-iran-israel-trade-strikes-and-korean-stocks-crash
A quick review of the Ways and Means tax bills: State of Crypto
The House Ways and Means Committee is gearing up for its big tax push.
source https://www.coindesk.com/policy/2026/06/07/a-quick-review-of-the-ways-and-means-tax-bills-state-of-crypto
source https://www.coindesk.com/policy/2026/06/07/a-quick-review-of-the-ways-and-means-tax-bills-state-of-crypto
Bitcoin's slide has no single cause. AI, tech IPOs, quantum, Strategy sale all play a role, NYDIG says
Not one, but several overlapping headwinds are hitting the crypto market at once, weighing on bitcoin's price, the firm's head of research Greg Cipolaro said.
source https://www.coindesk.com/markets/2026/06/07/bitcoin-s-slide-has-no-single-cause-ai-tech-ipos-quantum-strategy-sale-all-play-a-role-nydig-says
source https://www.coindesk.com/markets/2026/06/07/bitcoin-s-slide-has-no-single-cause-ai-tech-ipos-quantum-strategy-sale-all-play-a-role-nydig-says
Abra’s Bill Barhydt says Wall Street’s next crypto bet is tokenization
As Abra prepares for a Nasdaq debut, CEO Bill Barhydt is betting tokenized yield products and onchain lending will drive the next phase of crypto wealth management.
source https://www.coindesk.com/business/2026/06/07/abra-s-bill-barhydt-says-wall-street-s-next-crypto-bet-is-tokenization
source https://www.coindesk.com/business/2026/06/07/abra-s-bill-barhydt-says-wall-street-s-next-crypto-bet-is-tokenization
Ethereum Foundation cuts and departures aren't a crisis, Joe Lubin says
The Consensys leader told CoinDesk the Ethereum Foundation's role should be narrower and more focused on stewarding the network's core technology and values.
source https://www.coindesk.com/tech/2026/06/07/ethereum-foundation-cuts-and-departures-aren-t-a-crisis-joe-lubin-says
source https://www.coindesk.com/tech/2026/06/07/ethereum-foundation-cuts-and-departures-aren-t-a-crisis-joe-lubin-says
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