Tensions between Iran and Israel escalated early on Saturday amid several waves of airstrikes against each other, after the latter launched its biggest-ever offensive in a bid to prevent its longtime foe from developing a nuclear weapon.
After two days of rising prices, the crypto market is down today. Nearly all top 100 coins have recorded decreases over the past 24 hours. The cryptocurrency market capitalization has dropped by 4% to $3.51 trillion. The total crypto trading volume is at $132 billion.
TL;DR:
The market turns red today, most top 100 coins are down;
BTC dropped to the $107,500 level, ETH is at $2,749;
Ethereum’s bounce-back signals more than just price action;
Volatility expectations are increasing;
US spot ETH ETFs outperform their BTC counterparts: $240.29 million vs $164.57 million;
Markets are digesting the news of the US-China trade agreement and the US inflation report;
The dip may be a short-term development, but the market is at a crossroads.
Bitcoin Drops 100% from $103,000 to $0 on MEXC Exchange: Here’s What Happened
Bitcoin Drops 100% from $103,000 to $0 on MEXC Exchange: Here’s What Happened

MeraniAlee
Jun 9
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A TradingView glitch caused Bitcoin to drop by 100% to $0 on the crypto exchange MEXC, sparking an uproar within the crypto community.
Bitcoin traded between $101,000 and $105,000 on the open market yesterday, rebounding from a market flush the previous day. However, market data confirms the asset surprisingly dropped a staggering 100% to $0 on Seychelles-based crypto exchange MEXC.
The development made rounds on crypto Twitter as market proponents reacted to the price glitch. Crypto Beast, a veteran trader, drew the attention of his over 700,000 X followers and the broader community to the sharp decline in a Friday post.
He claimed in his post that the glitch, which lasted only for a few seconds, sparked a liquidation frenzy. According to him, all long positions on MEXC were liquidated.
Could XRP One Day Reach $10,000? Exploring the Possibilities Behind the Prediction


Crypto Times

Jun 10
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Why $10,000 XRP Isn't as Far-Fetched as It Sounds
If you think XRP can’t hit $10,000, you might be missing the bigger picture. Many investors have already priced XRP out of their future, citing its current market value. But this short-term mindset overlooks the macroeconomic forces, monetary history, and the evolving global financial landscape—all of which point to a dramatically undervalued XRP.
Bitcoin News: Bitcoin Risks Falling Below $100K as Traders Target $87K–$95K Amid Trump-Musk Feud and CPI Jitters
Bitcoin teeters near the critical $100,000 mark as traders brace for key economic data, escalating political tensions, and mounting liquidation pressure.
Key Takeaways:
Bitcoin faces mounting downside pressure with traders eyeing targets between $87K and $95K.
The feud between Donald Trump and Elon Musk has triggered a sharp downturn in crypto markets.
Over $980 million in crypto liquidations have shaken investor confidence.
U.S. CPI and PPI reports this week could fuel further volatility ahead of the June FOMC meeting.
Binance Alpha Distributes Additional Airdrop of 164 fly.trade (FLY) Tokens
Binance announced on X that Binance Alpha has distributed an additional airdrop of 164 fly.trade (FLY) tokens to eligible users who successfully claimed the initial airdrop that took place on June 6, 2025. In the initial airdrop, eligible users with at least 223 Binance Alpha points were able to claim an airdrop of 88 FLY tokens on the Alpha Events page.
WalletConnect Token rallies 11% as Jupiter stakers added to WCT airdrop list
WCT jumped 11% following news that Jupiter stakers will be eligible for a token claim tied to WalletConnect’s Solana expansion. The price rally followed growing anticipation around WCT’s expansion to Solana. At the Solana Accelerate event, WalletConnect Foundation founder Pedro Gomes said the token would go live on the network later this month via Wormhole’s Native Token Transfers standard. The goal is to identify real users, those already building, staking, and transacting on Solana. […] This follows the success of the 2024 token claim, which saw 50 million WCT distributed to early contributors across the WalletConnect ecosystem, previously in the Optimism and Ethereum ecosystems.
The CudisWellness project will meet investors with a special TGE (Token Generation Event) on Binance Wallet on June 5. Only users with Binance Alpha Points will be able to participate in the event.
📌 Event Time: 08:00 – 10:00 UTC
📌 Purchase Location: PancakeSwap (accessible from within Binance Wallet)
📌 Participation Requirement: Alpha Points
📌 Bonus: 30M CUDIS set aside for future campaigns
This TGE is not just a token sale — it also represents the rise of health-focused crypto startups.
#MyCOSTrade Binance Launches COS Trade Sharing Challenge with $10,000 Reward Pool
According to Binance's official announcement, Binance Square has introduced a new Trade Sharing Challenge in collaboration with Contentos, offering users the opportunity to earn rewards by sharing their COS trades via the COS Terminal. Participants can unlock a share of $10,000 in COS token voucher rewards during the activity period from 2025-06-02 05:00 (UTC) to 2025-06-12 23:59 (UTC).
To participate, verified Binance users must complete specific steps. Firstly, they need to trade COS on Binance Spot, ensuring each trade is a minimum of $20 equivalent to qualify for rewards. Users can make multiple trades to increase their chances of earning rewards. Secondly, participants must share their COS trade via the COS Terminal on Binance Square, including a caption explaining their trade setup with a minimum of 100 characters and the campaign hashtag #MyCOSTrade.
For those aiming to qualify for the Bonus Prize Pool, additional steps are required. Participants must share their COS trade performance on X, include the link to their Binance Square post, and submit the link to their X post via a survey. Each post must feature a unique screenshot corresponding to a unique trade, as multiple tweets using the same screenshot will only count as one entry.
The rewards allocation is divided into several categories. The Best Entry and Highest Exit categories each have a reward pool of $500, with $25 in COS token vouchers awarded per user who ranks among the top 20 lowest COS buy prices or highest COS sell prices, respectively. The Main Prize Pool offers $6,000, capped at $5 in COS token vouchers per user, calculated based on the proportion of eligible posts. The Bonus Prize Pool provides $3,000, capped at $10 in COS token vouchers per user, calculated similarly based on eligible X posts. . Rewards will be distributed within 21 working days after the activity ends and will expire 14 days after distribution.