The price of Bitcoin faced a disaster on MEXC after a TradingView error
A graphic error on TradingView temporarily caused the price of Bitcoin to drop to zero on the MEXC platform. This sparked widespread controversy on social media, but the glitch was not evident on the MEXC platform itself. Nevertheless, the trading volume on MEXC increased by more than 51% in the past 24 hours. Unverified rumors can spread quickly if left unaddressed, potentially leading to widespread sell-offs of digital currencies and chaos in the market.
The value of the SKATE token rose by 33% after the Binance Alpha listing announcement.
Binance, the world's leading cryptocurrency exchange, announced the listing of Skate (SKATE) on its Alpha platform. Additionally, the Binance Futures platform will launch the perpetual SKATEUSDT contract, providing traders with up to 50x leverage. This announcement led to the altcoin price rising by over 10% during pre-market trading. Binance Alpha announced the listing of SKATE
Russia enters the cryptocurrency derivatives market, having launched the Moscow Exchange's trading of Bitcoin futures contracts on June 4, exclusively for "highly skilled" investors. This move comes as Russia cautiously experiments with financial instruments linked to cryptocurrencies amid ongoing regulatory uncertainty. These new contracts are associated with the Bitcoin exchange-traded fund (ETF) from BlackRock, namely Ishares Bitcoin
The market continues to correct: the price of Bitcoin has dropped to around 103,000 USD, down 1.43% in the last twenty-four hours. Ethereum continues to perform poorly, losing 5.69% to trade at 2,463 USD.
Today's winners are VICE, RFC, and RIZ, registering slight growth. Among the losers are WHITE, LDO, and TRUMP, which continue to decline amid reduced demand.
Market Cap: 3.37 trillion USD 24-hour Liquidations: 982.24 million USD Fear and Greed Index: 45 (Fear) Altcoin Index: 25/100
Latest News
- Circle has set its IPO price at 31 USD per share, raising 1.05 billion USD through the sale of 34 million shares. - Continued decline of SOL memes after rumors of PumpFun token sales. - Coinbase has added FARTCOIN and SQD to its roadmap.
Last Minute Bitcoin Price Drops to $101,000 Amid Trump-Musk Crisis: Massive Liquidations
Political tension between Donald Trump and Elon Musk led to a wave of volatility in financial markets, particularly affecting the cryptocurrency sector, with the price of Bitcoin dropping below $101,000. The confrontation began when Elon Musk publicly criticized a bill proposed by Trump, calling it a 'disgusting abomination' due to its impact on the financial deficit.
The legal battle between Ripple and the SEC may face another delay
The protracted legal battle between the SEC and Ripple Labs may face another potential delay. This possibility seems likely given that both sides have not yet been able to properly refile their request, with the deadline of June 16 approaching rapidly. Is the legal battle between Ripple and the SEC facing another delay?
The mastermind behind the French cryptocurrency hijackings was arrested in Morocco.
Local authorities in Tangier have arrested Badis Mohamed Amidi Bajou, a French-Moroccan accused of orchestrating a series of cryptocurrency-related kidnappings in France. This follows the arrest of 25 lower-ranking members of the gang. However, some sources report that another leader remains at large in Morocco. Furthermore, these violent kidnappings have become a global trend, and copycats may continue even after the gang is dismantled.
XRP and Solana join Bitcoin in a new wave of public treasury bonds for cryptocurrencies
The Bitcoin strategy model, which raises funds through public markets to build a large treasury of cryptocurrencies, is now expanding beyond BTC. Recent steps indicate a growing wave of public cryptocurrency companies (PCVs) targeting alternative currencies. This raises questions about motivations, sustainability, and the upcoming evolution in institutional cryptocurrency adoption.
Why Bitcoin Miners May Be the Key to the Next Breakout for Bitcoin
Bitcoin (BTC) has struggled to maintain its upward momentum after reaching an all-time high of $111,917 on May 23. Since then, the leading cryptocurrency has experienced a period of correction and consolidation, hovering around the $105,000 level in recent days. Despite this slowdown, on-chain metrics show that miners are not showing any signs of panic. Their behavior indicates increased confidence in the likelihood of a bullish movement, and this analysis explains why.
The XRP currency represents Ripple's bold challenge to the old SWIFT payment system, providing ultra-fast, low-cost, and transparent cross-border transactions through blockchain innovations and stablecoins. Ripple unveils the XRP solution while SWIFT struggles with issues in its old payment systems.
#DOGEUSDT As you can see, the price of Dogecoin seems to be bearish, but this decline is only short-term. This pullback may continue for a few more days, then the market will recover and start growing again. In the worst case, the decline could extend and last for a week or two, that's all.
So, how significant is its short-term decline while it will grow in the long term?
Look at the pattern on the chart and the upward trend line below. This is the main support. The bullish structure will remain, and the market is adapting, it is clear that over-leveraging will not be beneficial.
Solana (SOL) stock saw a strong rally in early May, but lost momentum as the month progressed, leading to a period of consolidation. After reaching a local high, Solana's price fluctuated within a narrow range. However, despite the sideways movement, investors continued to accumulate Solana in anticipation of a potential breakout. Since the altcoin ended May relatively stable, there are important factors that could influence its price movement in June.
A Chinese AI Company Invests $300 Million to Create a Strategic Reserve of XRP
Webus International, a Chinese company listed on Nasdaq and specializing in AI solutions, announced today that it plans to invest up to $300 million in XRP reserves. The company states that this strategy is primarily aimed at facilitating cross-border payments. Additionally, Webus aims to use XRP to help expand other development ambitions related to its AI-based native blockchain. Depending on the success of the investment, the company may be able to integrate chain solutions in various fields.
Elon Musk's departure from the Trump administration led to a 30% drop in DOGE shares.
Elon Musk announced his departure from the Department of Government Efficiency (DOGE) on May 28, after four months of cuts and disputes. He cited difficulties and excessive politics as reasons. This led to a drop in the memecoin DOGE. Musk held a position as a special government employee, a role limited to 130 days a year, a term that was scheduled to end on May 30. Additionally, he thanked former President Donald Trump on his social media account X for the opportunity to reduce unnecessary spending, and mentioned that the DOGE mission would continue to strengthen over time.
Bitcoin is trading at around $108,000, down -1.00% over the past 24 hours. Ethereum shows notable strength with an increase of +3.62%, currently trading at $2,733.
Among the biggest gainers in the past 24 hours are TON, ENS, and UNI, each showing upward momentum. In contrast, among the biggest losers are PEPU, IKUN, and MOONPIG, which continued their downward trend.
Market Capitalization: $3.59 trillion 24-Hour Liquidation: $291.94 million Fear and Greed Index: 74 (Greed)
Latest News
- $12 million was drained from wrapped stETH of the Kork protocol - Circle froze $57 million of USDC linked to LIBRA - Citus announced its full recovery from the hack
Small-Cap Winning Companies
Moon Chain +158.4% Vita Inu +51% Mamo +44.3% Bearcoin 2 +36.1% Ancient 8 +26.4%
Recent Funding Rounds
Ego with a seed funding round of $800,000, backed by Raj Gokal, Marc Beuys, and Zaid Yin
Conduit with a Series A funding round of $36 million, led by Dragonfly and Altos
Technology Company SharpLink Gaming Raises $425 Million to Invest in Ethereum
Since the beginning of 2025, many companies have chosen Ethereum as a reserve asset. These moves could create a domino effect, encouraging more companies from various sectors to join. This strategy is inspired by Strategy, the leading company using Bitcoin (BTC) as a treasury asset. The market is now witnessing the emergence of the 'Ethereum strategy.'
Following broader market signals for cryptocurrencies, most meme coins recorded losses today. However, some coins found stability, providing an opportunity for recovery, while a small group, including Ava AI, managed to rise. BeInCrypto has analyzed two additional meme coins for investors to watch and determine the direction they may take in the future.
Can you retire in 2040 thanks to XRP? This is the strategy of the analysts
Do you dream of early retirement with cryptocurrencies? XRP from Ripple may help you choose the right strategy. With the return of the bullish trend, many investors dream of early retirement. One expert recently revealed his strategy for retiring in a few years thanks to Bitcoin, and now another is doing it again using XRP.