Arkham said the Bhutanese government transferred 738 BTC worth approximately $45 million to a newly created external wallet. The government is known to have gradually sold 9,180 BTC over the past 11 months.
Galaxy Research head Alex Thorn lowered his estimated odds of the U.S. CLARITY Act passing in 2026 from 75% to 60%. Thorn cited a tighter Senate calendar and limited progress on lawmaker ethics rules and illicit finance provisions.
Apyx temporarily withdrew most of the protocol's own liquidity during the U.S. stock market closure. Apyx said STRC cannot be traded over the weekend. The protocol plans to restore liquidity before the U.S. stock market reopens on June 8.
IRGC Claims Missile Strikes on U.S. Bases After Hormuz Tanker Incident
The IRGC claimed it launched ballistic missiles at a U.S. Air Force base in Kuwait and U.S. Navy Fifth Fleet facilities in Bahrain. The IRGC said the strikes followed a 2:00 a.m. U.S. drone attack on sites in Iran. The IRGC also said four oil tankers tried to exit the Strait of Hormuz illegally at 1:30 a.m. local time today (June 6).
The IRGC warned that the U.S. would bear responsibility for consequences from a complete Strait of Hormuz closure if U.S. actions continue. The statement also cited possible disruption of oil and gas exports.
Illinois passed a 2027 fiscal-year budget that includes a 0.2% privilege tax on cryptocurrency transactions. Registered digital asset brokers would collect and remit the tax on a transactional basis. The rules would take effect on Jan. 1, 2027, if Governor J. B. Pritzker signs the measure. The tax is projected to generate approximately $60 million in additional annual revenue for Illinois.
US Central Command Denies Fifth Fleet Damage, Says Iran Missiles Were Intercepted
U.S. Central Command denied Iran's claim that the U.S. Fifth Fleet headquarters in Bahrain was damaged. The command said there are currently no reports of U.S. personnel being injured. U.S. Central Command also said it successfully intercepted missiles and drones launched by Iran.
Bitwise CEO Hunter Horsley said 2026 marks the beginning of another generational shift in crypto. Horsley said a new generation of participants and innovative projects will inject vitality into the market.
A whale borrowed 100 million USDT via Aave and bought 59,742 ETH at an average price of $1,681. Crypto analyst Ember said the new ETH purchase shows an unrealized loss of about $6 million.
The Islamic Revolutionary Guard Corps claimed Iran used aerospace missiles to strike US military bases in the region. The IRGC said the strikes responded to aggressive actions by the US military on Sirik and Qeshm. The targets were described as enemy bases.
EmberCN said Binance Life rose 62% over the past five days as two addresses bought 21.1 million tokens on-chain after withdrawing 14 million USDT from Bybit. EmberCN said BTC and ETH fell 16% and 21%, respectively, during the same period.
The briefing says markets priced in further Fed tightening after non-farm payroll data. It also says the U.S. House of Representatives plans to advance crypto tax legislation and Hyperliquid Strategies holds about 23.7 million HYPE tokens.
SoSoValue data shows the U.S. HYPE spot ETF recorded a $2.9171 million daily net outflow on June 5, Eastern Time. Only the Bitwise Hyperliquid ETF (BHYP) reported outflows that day.
Arthur Hayes said he sold all of his WLD holdings after citing abnormal performance on the SPCXUSD chart. Hayes did not provide further details on the specific reason.
An ETH whale was force-liquidated for 21,540 ETH, worth approximately $33.7 million. EmberCN said the same address still holds an 82,871 ETH loan position with further liquidation prices at $1,527 and $1,459.
Total crypto futures liquidations topped $1.8 billion over the past 24 hours. BTC liquidations reached $618.14 million, with longs accounting for 74.93%. ETH liquidations reached $491.6 million, with longs accounting for 84.09%.