Latest Crypto News & Market Updates

Does No One Want Bitcoin Anymore？ Crypto In 'Desperate' Need For New Narrative, Says Commentator As Smart Money Sits 'On The Sidelines'

Cryptocurrency analyst Ali Martinez spotlighted a prolonged lull in institutional buying pressure for Bitcoin as the apex cryptocurrency hit a 20-month low on Wednesday.　　Institutional Demand Dries Up　　Martinez pointed to the 46-day negative streak in the Coinbase Premium Index, a CryptoQuant metric that measures the price gap of Bitcoin between Coinbase and offshore exchanges. It is a widely used barometer for U.S. institutional demand and overall market sentiment.　　“A negative premium means $BTC is trading cheaper on Coinbase, suggesting that U.S. institutional buying pressure has dried up,” the analyst stated.　　Martinez also highlighted the “cooling period” in spot exchange-traded fund flows. The Bitcoin ETFs have experienced six consecutive weeks of net outflows, according to data from SoSo Value, with $2.92 billion in redemptions this month alone.　　“American smart money appears to be sitting on the sidelines, waiting for macroeconomic clarity before re-entering the accumulation phase,” Martinez added.　　Is Bitcoin Headed Below $30,000？　　Bitcoin on Wednesday—its first time since October 24—as the ongoing sell-off pushed the leading cryptocurrency more than 51% below its record high of $126,198.　　The odds of Bitcoin falling below $30,000 in 2026 stood at 14% on Polymarket, while the chances of the asset sliding below $50,000 rose to 62%.　　Does Crypto Need A New Narrative？　　Bitcoins

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Coinbase opens Luxembourg MiCA hub as EU deadline nears

Coinbase has established Luxembourg as its European crypto hub under the EUs Markets in Crypto-Assets framework, one year after securing a license from the Commission de Surveillance du Secteur Financier.　　SummaryCoinbases Luxembourg hub now gives it a single MiCA route to serve users across Europe.Ripples recent CASP approval now keeps Luxembourg central to regulated crypto payments growth in Europe.Binances Greece setback shows MiCA access may split licensed exchanges from slower rivals across Europe.　　The company used its latest office opening to confirm Luxembourg as its MiCA home for all 27 EU member states. The setup allows Coinbase Luxembourg S.A. to offer crypto-asset services across the EEA through passporting.　　“Luxembourg is officially our MiCA home,” Coinbase said on X.　　The exchange said it plans to welcome users from across the EU under one licensing base. It has also pointed to Luxembourgs financial sector, blockchain laws, and clear oversight as reasons for the move.　　Luxembourg is officially our MiCA home ????????　　You might also like:　　Coinbase CEO says broken finance is pushing users to crypto　　MiCA passport widens market access　　Coinbase secured its MiCA license from the CSSF in June 2025. As crypto.news reported, the license lets the exchange expand services to customers across all 27 EU member states. Coinbase had

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Coinbase CEO says broken finance is pushing users to crypto

Coinbase CEO Brian Armstrong said crypto has become a bipartisan issue in Washington as voters and lawmakers question the current financial system.　　SummaryArmstrong frames crypto as financial access as Coinbase expands products through acquisitions and regulated derivatives.Deribit gives Coinbase a broader trading stack as more acquisition targets remain under review globally.The remarks place policy, stablecoin rewards, and mergers at the center of Coinbases growth strategy.　　In a POLITICO interview, he said “theres something like 80% of Americans” who feel the system is not working for them.　　Armstrong cited fees, slow payments, and unequal access as reasons for public frustration. He said crypto can act as a “democratizing force” by giving more people access to financial services.　　You might also like:　　Top Chinese Bitcoin miner sees BTC bottom at $42k-$44k in late 2026　　The Coinbase chief said support for crypto now cuts across party lines. He said Democrats often view the industry through access and inclusion, while Republicans focus on national security, dollar strength, and keeping financial innovation in the United States.　　He also defended stablecoin rewards and said banks should compete if customers can earn more on digital dollars. His comments came during a wider debate over crypto bills, banking rules, and the role of private companies

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HYPE whales pull $23mln from exchanges – Next targets $66 and…

Large holders increased their exposure to $HYPE as the token traded near the key $60 support area.　　According to Lookonchain, a newly created wallet withdrew 278,827 $HYPE worth approximately $17.45 million from Coinbase Prime.　　Shortly afterward, wallet 0x2386 returned after a month-long pause and removed another 96,930 $HYPE valued at roughly $6.01 million from BitGo.　　Together, the transactions accounted for more than 375,000 $HYPE and over $23 million in withdrawals.　　Rather than moving tokens onto exchanges, both wallets transferred assets into private custody.　　This behavior reduced the immediately available supply and highlighted growing conviction among larger market participants.　　The timing also attracted attention because the accumulation occurred while Hyperliquid [$HYPE] traded directly above one of its most important technical support zones.　　$HYPE retail activity remained muted despite whale demand 　　Retail participation remained subdued even as whale activity accelerated.　　The retail activity through Trading Frequency metric continued signaling “Few Retail,” indicating that smaller traders had not entered the market aggressively despite the sizeable withdrawals.　　That divergence suggested larger investors drove recent positioning around $HYPE.　　Unlike rallies fueled by widespread speculative demand, the current structure reflected accumulation from a relatively small group of market participants.　　In addition, the lack of retail involvement indicated that market conditions had not reached euphoric levels.　　Although muted retail

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3 explosive signals that Bitcoin is headed for a major plunge! Is $57K next？

Bitcoin [$BTC] is up 0.53% in the past 24 hours but trades in a 3% drawdown over the past seven days. The cryptocurrency has struggled to reclaim its initial strength that took it above $80K in mid-May.　　In fact, a couple of metrics show that Bitcoin price is more likely to drop than reclaim higher levels. However, this prediction is not certain, but when many indicators rhyme, such moves tend to align.　　Liquidation data suggest more decline　　For instance, the liquidation data from the 30 major exchanges over the past month show a cluster of orders at $57,300. This zone rests well below the current levels.　　Worth noting, there is another massive liquidation cluster at $70K, which is a bit far compared to the $57.3K level.　　Since price tends to follow liquidity in close proximity, $BTC may drop to $57.3K. However, for such to happen, $BTC has to lose more strength.　　Source: Alphractal　　Of the cluster below current price action, the lowest significant cluster is at $47,300, which is also a possibility.　　What‘s reinforcing $BTC’s drop？　　Apart from the liquidity magnet resting below, Bitcoin has broken below the Rainbow Chart for the second time in history.　　Since inception, $BTC has traded with the Rainbow Chart channel, but in 2022, it

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Is This the Hidden Reason Behind Bitcoins $23K Collapse in Just 6 Weeks？

The old saying – sell in May and go away – proved to be right once again for the cryptocurrency markets. It was just six weeks ago when bitcoin had evidently reclaimed the $80,000 level and even surged to a multi-month peak at almost $83,000. The sentiment was gradually improving and there were even calls for $100,000 by the summer.　　However, the tides turned viciously and the asset was rejected vigorously. Its decline since then has been nothing short of painful, dumping below $60,000 earlier today for the second time in June.　　Is This Why？　　Popular analyst Ali Martinez brought out the Coinbase Premium metric earlier today as the markets were crashing to fresh low. CryptoPotato reported when $BTC dumped below $60,000 but managed to maintain above the $59,000 level and has now reclaimed the former.　　According to Martinez, though, the metric that stands out the most for the past six weeks or so is the one that tracks how much $BTC costs on Coinbase compared to Binance. In general, if the Premium is in the green, it means US investors (typically institutions) are accumulating bitcoin en masse on Coinbase, pushing its price there above the levels on international exchanges.　　However, the last 46 days

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Bitcoin – BTC sticks to $62K as $1B Binance leverage wipes out

At press time, Bitcoin traded around $62,400 after yet another wave of selling pressure on the market. The decline was accompanied by a significant decrease in derivatives exposure for major exchanges.　　Binance experienced the largest move, with a 7-day Open Interest decline of over $1 billion. However, the comparison between the reported decline and the cited Open Interest figure requires verification.　　Source: CryptoQuant　　Meanwhile, Gate.io previously recorded a low near -$777 million, highlighting how concentrated the latest deleveraging has become. Yet the flush has cleared much of the speculative excess beneath the price.　　Most downside liquidity clusters have already been swept, reducing immediate downside attraction.　　Nevertheless, Coinbase Premium remained negative near -0.13, showing U.S. Spot demand had not returned decisively.　　Therefore, while leverage pressure has eased, Bitcoin still lacks the buying conviction needed to sustain a broader recovery toward overhead liquidity zones.　　Spot volume fails to confirm demand　　The decrease in Exchange Inflows aligned with a downturn in overall trading on Binance. Although Bitcoin is currently consolidating at levels near $62,000 – $63,000, there has been a significant increase in market participation.　　Notably, Binances spot-to-perpetual ratio Z-score has declined to -1.67, which historically represents an extremely high level for spot demand. Nevertheless, activity behind this indicator suggests otherwise.　　Source: CryptoQuant　　Spot

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Ethlabs Will Overlap with the Ethereum Foundation and Draw Its 'Densest Talent,' Funders Say

Ethlabs, a new Ethereum research lab backed by the networks two largest corporate holders, launched this week with a pitch to complement the Ethereum Foundation.　　Its own funders concede it will also compete as Ethlabs is “playing to win.”　　“I think they will be complementary,” Joseph Chalom, chief executive of Sharplink and a former longtime BlackRock executive, said of Ethlabs and the Foundation on a livestream The Defiant hosted this week. He then added that the two would “over time” be “in some ways overlapping,” with “the densest talent” concentrated at Ethlabs.　　Where the Mandates Meet　　The overlap is visible in what each group says it will do. The Foundation reorganized this week into five units, including a protocol layer focused on scaling and hardening Ethereums base layer and an institutional layer aimed at enterprise adoption. Ethlabs describes its own work in nearly the same terms: faster settlement, cross-chain interoperability and readiness for institutional and AI-driven activity. Both invoke credible neutrality and censorship resistance.　　Victor Bunin, a protocol specialist at Coinbase who is listed as an Ethlabs contributor, said the rivalry is built into how Ethereum ships code.　　“Theres a natural competition between every single EIP, every single effort that goes into it,” he said, using

06-25Exchange

Bitcoin retests June low after $850M liquidations rock crypto market

Bitcoin has fallen below $60,000 for a second time this month, triggering more than $850 million in crypto liquidations and sending Strategy shares to an intraday low of $92.28 as investors reacted to mounting pressure across digital assets and technology stocks.　　According to data from crypto.news, Bitcoin ($BTC) price dropped nearly 6% to an intraday low of $59,175 before trading around $59,500 at press time. The move wiped out more than $850 million in leveraged positions, with long traders accounting for roughly $780 million of the total and short liquidations contributing about $84 million.　　Selling quickly spread across major cryptocurrencies. Ethereum fell below $1,600 and traded near $1,590, while Solana slipped under $65 and XRP changed hands around $1.05. The total value of the crypto market declined to approximately $2.1 trillion, leaving the sector down about 3.6% on the day.　　Bitcoin tests a key technical support zone　　Technical indicators suggest Bitcoin has returned to a level many traders have been watching closely. The daily chart shows Bitcoin falling through a major support level and revisiting support around $59,200, a zone that aligns with the June lows.　　$BTC falls to June lows near $59,200 while trading below key moving averages on the daily chart | Source:

06-25Exchange

'Painful' Bitcoin Sell-Off Drags Ethereum, XRP and Dogecoin Lower as Crypto Stocks Dive

In briefBitcoin fell to its lowest point in 21 months, dragging down leading altcoins and crypto stocks with it.The weakness appears to be linked to a risk-off move in semiconductor and AI stocks, analysts said.As $XRP fell, it risked slipping below $1 for the first time since just after President Trumps reelection.　　Investors continued to dump digital assets on Wednesday, aggravating a sell-off that pushed Bitcoins price to its lowest point in 21 months.　　The leading digital asset by market cap fell as low as $59,2175 before firming to $60,700, a 2.7% decrease over the past 24 hours, according to CoinGecko. The performance echoed signs of pressure on Wall Street and put Bitcoin on track for its third straight daily decline.　　As the original cryptocurrency plunged, so too did various altcoins, with Ethereum showing a 3.1% decline to $1,610. $XRP and Solana also wavered, falling 3.1% to $1.07 and 2.6% to $67, respectively. Dogecoin dropped 4.6% to 7.5 cents over the same period.　　For $XRP, the slump threatened to push the digital asset under $1 for the first time since shortly after President Donald Trumps 2024 reelection win. For Dogecoin, the fall earlier Wednesday thrust the first meme coin to its lowest levels since

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