Bitcoin mining difficulty rose 14.73% at block 937440, reversing the 11.16% decline recorded on Feb. 7. Network hashrate moved above 1 ZH/s, while miner revenue fell to $29.30 per PH/s.
Bitcoin has fallen below the $83.4K short-term holder cost basis, with on-chain data signaling a possible slide toward the $80.7K True Market Mean. Market sentiment hits extreme fear, though historical patterns suggest a bottom may be near.
Around 332.5 billion SHIB moved to exchanges in 24 hours, with net inflows rising nearly 4%. Weak spot demand and persistent deposits are keeping Shiba Inu under pressure near $0.0000063.
CME Group's XRP futures products recorded $62.87 billion in notional volume and 1.32 million contracts traded in the first year since launch in May 2025, driven by growing institutional demand for regulated crypto derivatives.
Ethereum dropped to $1,937, with a failed head-and-shoulders pattern, shrinking institutional demand via ETF outflows and futures OI, and looming US-Iran conflict risk pushing ETH toward $1,500.
Texas posted a request for proposals to move its Strategic Bitcoin Reserve from BlackRock's IBIT ETF into directly held Bitcoin, with $10M at stake. Bids due June 15.
Custodial staking offers convenience at the cost of trust; non-custodial stashing requires more effort but grants full control. This piece breaks down the mechanics, rewards, and risks of both approaches.
A satirical piece by cybersecurity expert Peter Girnus mocks the AI funding frenzy through a fictional startup that wraps ChatGPT’s API in branding, jargon and a loading screen, then claims to raise $4 million from investors chasing the next narrative after crypto and the metaverse.
