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It was an extremely painful week for the spot Bitcoin ETFs, as the outflows skyrocketed to new anti-record. The spot exchange-traded funds tracking the world’s largest cryptocurrency are typically a solid sign of how the underlying asset’s price performs, unlike some of the altcoins. As such, it’s perhaps no surprise that, in the past week, in which BTC plummeted to a 19-month low, they experienced massive net outflows. The worst on record. Bitcoin ETFs Bled Out Heavily Data from SoSoValue paints a clear and painful picture. The Bitcoin ETFs have been deep in the red for four consecutive weeks, all…

Bitcoin’s recent correction continues to shake market confidence, with the premier cryptocurrency enduring an intense selling pressure over the past several weeks. Since May 15, Bitcoin has steadily declined by 26.8%, with price now trading around the cycle bottom at $60,000. Despite the ongoing market weakness, it appears the latest decline may have pushed Bitcoin into one of its most attractive accumulation zones in years. Power Law Model Produces Rare Bitcoin Undervaluation In a recent post on X, popular market analyst Darkfost highlighted a significant development in Bitcoin’s long-term valuation metrics. According to the analyst, the digital asset has now…

DUBAI, UAE, June 7, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch of Bybit IPO Express, becoming one of the first centralized crypto exchanges globally to offer tokenized IPO (initial public offerings) at the offering price. Powered by Payward Services‘ xStocks, eligible retail investors worldwide can now participate in blockbuster IPO projects by subscribing to tokenized representations of publicly traded equities, starting with SpaceX as the inaugural offering. The launch marks a fundamental step in the convergence of traditional capital markets and crypto-native infrastructure, as exchanges increasingly compete to expand beyond digital asset…

New York, USA, June 5th, 2026, PlayNewswire FairGambling, a new transparency and rewards platform for crypto casino players and Bitcoin gamblers, today announced its public launch. The platform combines on-chain analytics, provably fair verification tools, independent crypto casino reviews, live bonus code feeds, and an extra rewards program offering up to 30% rakeback across 40+ major crypto casino operators including Stake, Roobet, Shuffle, BC.Game, Gamdom, Bitcasino, 1win, Winna, Thrill and Duel, with much more to come. FairGambling launches into a market that processed over $80 billion in crypto casino deposit volume last year. The platform’s analytics layer already tracks $45…

NORWALK, Conn., June 5, 2026 /PRNewswire/ — Bitmine Immersion Technologies, Inc. (NYSE: BMNR) (the “Company”) today announced the pricing of its upsized offering (the “offering”) registered under the Securities Act of 1933, as amended (the “Securities Act”), on June 4, 2026 of 3,500,000 shares of 9.50% Series A Perpetual Preferred Stock (the “Series A Preferred Stock”), at a public offering price of $80.00 per share. This reflects an upsizing of the previously announced offering of 3,000,000 shares of Series A Preferred Stock. The issuance and sale of the Series A Preferred Stock are scheduled to settle on June 10, 2026, subject…

Victoria, Seychelles, June 5th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has announced the listing of YOM (YOM) in the Innovation Zone. Spot trading for the YOM/USDT pair is now open as of June 5, 2026, at 10:00 (UTC). To celebrate the listing, MEXC has launched an Airdrop+ event with a reward pool of 200,000 YOM and 40,000 USDT. YOM is a decentralized cloud gaming network built on DePIN infrastructure, enabling AAA games to be streamed instantly on any device without downloads. By crowdsourcing idle consumer GPUs rather than relying on centralized data centers, YOM reduces streaming…

Victoria, Seychelles, June 5th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has announced the conclusion of the “Pizza Day: Urban Run” event, which drew 82,398 participants and distributed rewards to 74,912 users. As the first featured experience under MEXC’s “One Pizza, Infinite Opportunities” campaign, the initiative reflects MEXC’s ongoing commitment to lowering barriers to crypto participation and delivering tangible value for users. The event generated strong engagement throughout its run. Daily peak winners reached 9,259, reflecting consistently high levels of participation. User commitment was equally notable, with one user completing 39 games, the highest recorded during the…

KINGSTOWN, St. Vincent and the Grenadines, June 4th, 2026, Chainwire ChangeNOW, a non-custodial crypto management platform extending beyond exchange services with a full suite of B2B solutions for businesses in the digital asset space, is pleased to announce that it has been named “Best Digital Assets Fintech” at the BeInCrypto x Proof of Talk Institutional 100 Awards 2026. The award, which honors the businesses influencing institutional cryptocurrency adoption worldwide, was given out at the actual ceremony, which took place live at Proof of Talk, the Louvre Palace in Paris. About the BeInCrypto Institutional 100 Awards The BeInCrypto x Proof of…

Something is happening to Bitcoin today as news reports that BTC’s highest-conviction holders have sold approximately $2.4 billion in the past two days alone. This is defined by on-chain analysis as those holding for at least 155 days, with 26% of all bitcoin sold over the past 30 days originating from investors who acquired coins above $90,000. The moves coincide with a 12% week-to-date price decline from an October all-time high above $126,000, while spot ETF net assets have collapsed to $82.83 billion from $107.8 billion. Source: SoSoValue Compounding the pressure, weak US jobs data, including a February revision showing…

Stockholm, Sweden, June 4th, 2026, Chainwire Decentralized prediction market platform lets participants launch their own World Cup markets, trade with leverage of up to 2.5x, and earn fees on the markets they create. With the 2026 FIFA World Cup set to begin on June 11, Premu, a decentralized prediction market platform, is highlighting the feature that distinguishes it from centrally operated venues: any participant can create a market on a World Cup outcome, set it live, and earn a share of the fees generated by trading in that market. Rather than waiting for a platform to list a contract, participants…