Bitcoin has been in freefall since June 2, 2026. What started as a midday flash crash that knocked the price from about $71,765 to $67,895 has turned into a three-day slide. By June 4, Bitcoin had fallen to $61,655, its lowest level in months and more than 50% below the October 2025 all-time high near
Bitcoin has rebounded from an intraday low near $61,500 after weaker-than-expected U.S. labor market data strengthened expectations that the Federal Reserve could still lower interest rates later this year. According to data from crypto.news, Bitcoin (BTC) price traded at around $63,800 at press time on June 4, recovering from an intraday low near $61,550. Despite
Casper has launched an AI-focused toolkit on its mainnet, introducing what the network describes as a production-ready stack that allows autonomous agents to both make blockchain-based payments and build decentralized applications without human involvement. According to a press release shared with crypto.news, the Casper AI Toolkit combines several infrastructure components that enable AI agents to
Strategy chairman Michael Saylor publicly commented on the prolonged decline in the crypto market, which has caused the price of Bitcoin and the company’s stock, MSTR, to lose more than 10% since the beginning of June 2026. According to Saylor, the current downtrend is not caused by a systemic crisis or a loss of confidence
Barstool Sports founder Dave Portnoy, known for his eccentric takes on the crypto market, has once again confirmed his unofficial status as the person with the worst timing in the industry after admitting to multimillion-dollar losses on his key positions. In a recent social media address, Portnoy publicly confirmed that he owns a ton of
The Bitcoin ($BTC) network utilization has dropped to its lowest level in more than seven years amid renewed selling pressure. As of June 4, the 60-day Moving Average for Bitcoin active addresses hovered slightly above 600,000, according to data from Bitcoin Magazine Pro analyzed by Finbold. Bitcoin’s utilization has been declining gradually since the end
Visa has launched a proof-of-concept initiative with stablecoin infrastructure provider Brale to evaluate private, blockchain-based settlement for institutional payment flows using the SBC stablecoin on the Canton Network. Key Takeaways: Visa and Brale launched a 2026 SBC stablecoin settlement proof of concept. Canton Network privacy features target institutional payment and compliance needs. Visa, active in
In brief Bitcoin fell 17% from just under $74,000 Monday to an intraday low of $61,556 Thursday, triggering $4.47 billion in total crypto liquidations over the period. Data from derivatives and options markets show weak demand and increased downside protection bets. Analysts see potential for another leg lower into the $50,000s, with a bottom possible
DDC Enterprise Limited, the NYSE-listed Asian food platform behind the Daydaycook brand, disclosed on June 3, 2026, that it acquired an additional 90 $BTC, bringing total corporate bitcoin holdings to 2,804 $BTC. Key Takeaways: DDC Enterprise purchased 90 $BTC on June 3, 2026, lifting total holdings to 2,804 $BTC at a $78,736 average cost. The
Travala, the cryptocurrency-native travel booking platform, has launched a new protocol that enables artificial intelligence agents to search, book, and pay for hotel accommodations autonomously. The Travala Travel MCP, built on the Base blockchain, introduces a direct payment pipeline that bypasses traditional credit card networks and reduces transaction costs to roughly one cent per booking.