Saudi news outlets report a U.S.-Iran agreement to gradually reopen the Strait of Hormuz, sending oil prices diving. WTI falls over 3%, Brent below $100; spot gold surges to $4,750, while BTC holds above $81,000.
CME Group executed its first Bitcoin Volatility Index futures trades on June 5 via block transactions between DV Chain and Monarq Asset Management, offering a regulated, direction-neutral hedge on crypto volatility.
Bithumb said serious internal flaws left its systems exposed and contributed to an accidental transfer of 620,000 BTC instead of 620,000 won, sending bitcoin down 17% on the platform.
South Korea’s Financial Supervisory Service asked 15 major virtual asset firms to strengthen governance and prepare for upcoming legal changes, while expanding AI-based market surveillance.
Adam Livingston says Bitcoin is trading 0.94 sigma below its power law center as volatility compresses, while Peter Schiff argues BTC’s 5-year return trails stocks, gold, and silver.
Strive, a US-listed asset manager, acquired 1,109 BTC for $85.4 million at ~$76,988 each, lifting total holdings to 16,500 BTC. YTD Bitcoin yield hits 23.4%, driven by innovative perpetual preferred stock $SATA.
A federal court in New York dismissed all remaining state-law claims against Uniswap Labs and CEO Hayden Adams, saying building decentralized infrastructure alone does not amount to fraud.
Cardano price remains pressured near $0.16, but on-chain data shows long-dormant ADA starting to move. Mean Dollar Invested Age flattens and declines; Age Consumed spikes, the largest since April. Santiment says long-term holders are becoming active again. RSI at 21.45 deep oversold. Key support $0.1586, resistance $0.17. Structure still bearish.
