Pakistan Minister of State for Crypto and Blockchain Bilal Bin Saqib is likely looking to collaborate with Wall Street. A June 6 X post by the Pakistan Crypto Council shows that Saqib met with Brandon Lutnick, the chairman and CEO of Cantor Fitzgerald, a global financial services firm. A separate video included in a separate…
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Key points: Bitcoin is in line for lower lows amid falling RSI and a retest of $100,000. Traders have little hope of a quick BTC price rebound and return to higher levels as Trump and Musk stoke uncertainty. US labor market data is due to inject fresh volatility on June 6. Bitcoin (BTC) returned to…
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Bitcoin exchange-traded funds (ETFs) in the United States turned red amid worsening sentiment stemming from the ongoing feud between US President Donald Trump and billionaire Elon Musk. After a brief recovery on June 3 and 4, US spot Bitcoin (BTC) ETFs were again hit with outflows on Thursday, totaling $278 million, according to SoSoValue data.…
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The largest US crypto lobbying groups have asked lawmakers to include protections for software developers and infrastructure providers in a bill aiming to regulate the crypto space. A joint statement on June 5 by the DeFi Education Fund, Coin Center, the Solana Policy Institute, The Digital Chamber, Blockchain Association, Crypto Council for Innovatio, and the…
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The US Federal Reserve cutting interest rates earlier than the market expects could drive Bitcoin back up toward $112,000, says a market analyst. “When these two further rate cuts come, if they’re coming a lot sooner than expected, that will then impact heavily on the future price moves or crypto on Bitcoin and some other…
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Crypto conference attendees fail at “basic situational awareness” and security measures, opening themselves up to exploitation by bad actors hiding in the crowd at events, says crypto exchange Kraken. Kraken’s security team noted a “troubling trend” of laptops and phones owned by popular crypto protocols left unlocked and unguarded on tables at events — as…
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A crypto wallet tied to the defunct dark web marketplace Alphabay was reportedly behind the donation of $31 million worth of Bitcoin to Silk Road creator Ross Ulbricht, according to blockchain analysis. Blockchain analytics firm Chainalysis told WIRED for a June 5 report that it had tied the 300 Bitcoin (BTC) donated to Ulbrich earlier…
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Investors who went long on Bitcoin saw significant losses over the past 24 hours as the cryptocurrency dipped nearly 3%, nearing a retest of the $100,000 level. The price decline comes as the feud between US President Donald Trump and billionaire Elon Musk intensifies, and those holding Bitcoin (BTC) for over 155 days keep selling…
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The US Department of Justice has moved to seize $7.74 million in crypto allegedly earned by North Korean IT workers using fake identities and working at blockchain firms as remote contractors. The funds were initially frozen in April 2023 as part of an indictment against Sim Hyon Sop, a China-based banker allegedly helping North Korean…
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Bitcoin exchange-traded funds (ETFs) overseen by institutional investors shrank in early 2025, marking the first quarterly drop since US spot ETFs launched. According to a recent CoinShares report, institutional investors’ exposure to Bitcoin (BTC) dropped to $21.2 billion in Q1 2025 from $27.4 billion in Q4 2024, representing a 23% decrease over the period. The…
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