Crypto

Elon Musk’s feud with President Trump caused Dogecoin’s 7% drop in the last 24 hours, but sell-off risks to $0.06 remain. Key takeaways: Dogecoin dropped about 7% on June 6 as the public spat between President Trump and Elon Musk escalated. DOGE/USD bear flag hints at a potential 66% drop. Read more

The move is to support U.K. growth and competitiveness, the FCA said.

Switzerland’s Federal Council expects to enforce the bill on the automatic exchange of crypto information with 74 countries by late 2026, with the first exchange seen in 2027. Switzerland is moving forward with plans to automatically share crypto-related data with 74 partner countries, including the United Kingdom and all European Union member states. The Federal Council, the government of Switzerland, has adopted a bill to enable the automatic exchange of information (AEOI) on crypto with partner countries, the council announced on June 6. The proposal also suggests sharing the data with most G20 countries. The measure excludes the United States, Saudi Arabia and China, according to an X post by the Swiss Federal Government. Read more

Japan’s Metaplanet plans to hold 100,000 BTC by 2026, revising its target from 21,000 and issuing shares to accelerate its Bitcoin treasury strategy. Metaplanet, also known as Japan’s Strategy, has updated its Bitcoin acquisition plans to acquiring 100,000 BTC by the end of 2026. Metaplanet on June 6 posted its new Bitcoin (BTC) plan, increasing its previous target of 21,000 BTC. “Our previous target — to hold 21,000 BTC by the end of 2026 — has now been dramatically revised upward. We now aim to hold 100,000 BTC by that time,” Metaplanet CEO Simon Gerovich said in an announcement posted on X. Read more

NEAR showed resilience on Thursday with strong recovery from $2.42 support level, despite chaos in global markets.

Pakistan’s Crypto Minister Bilal Bin Saqib is pursuing high-level US partnerships with figures like Cantor Fitzgerald’s Brandon Lutnick and NYC Mayor Eric Adams. Pakistan Minister of State for Crypto and Blockchain Bilal Bin Saqib is likely looking to collaborate with Wall Street. A June 6 X post by the Pakistan Crypto Council shows that Saqib met with Brandon Lutnick, the chairman and CEO of Cantor Fitzgerald, a global financial services firm. A separate video included in a separate post shows that he also met with New York City Mayor Eric Adams, who recently said he will ensure a Bitcoin bond is launched in the city. The post reads: The meeting with Lutnick follows his firm’s recently increased interest in crypto. The two reportedly discussed “tokenization, Bitcoin mining, Pakistan’s Web3 future and avenues of collaboration.” Read more

Market watchers eye potential recovery after significant volume spike signals strong buying interest at critical price floor.

The company aims to increase its BTC holdings to over 210,000 by 2027, viewing it as a hedge against Japan’s economic challenges.

Bitcoin price expectations fall in line with a new retest of $100,000 support. Traders see news lows with RSI heading still lower. Key points: Bitcoin is in line for lower lows amid falling RSI and a retest of $100,000. Traders have little hope of a quick BTC price rebound and return to higher levels as Trump and Musk stoke uncertainty. Read more

Despite heavy selling and an 8% drop, Solana held key support as buyers stepped in at $142, stabilizing price near $147.

The crypto market cap slipped again today, down 4.1% to $3.33 trillion, while daily trading volume reached $142.2 billion. The post Why Is Crypto Down Today? – June 6, 2025 appeared first on Cryptonews.

Dogecoin (DOGE) has gone down by 3.5% in the past 24 hours and currently sits at $0.1885 as cryptos have continued to cool off amid rising tensions between the United States and China.Other meme coins have also dropped sharply in the past 24 hours including Pepe (PEPE) and Bonk (BONK), whose price has gone down […] The post Is Dogecoin Running Out of Time? DOGE Price Prediction Warns of 6 Red Months appeared first on Cryptonews.

Shiba Inu is not carrying its weight as the second-largest meme coin, risking a deeper decline as traders look elsewhere for opportunity. The post Shiba Inu Price Prediction: SHIB Burn Collapses, Whales Flee – What Comes Next?  appeared first on Cryptonews.

Japanese investment firm Metaplanet has unveiled an ambitious new target to amass 210,000 BTC by the end of 2027. The post Metaplanet Announces $5.4B Capital Raise to Buy Bitcoin, Targets 210,000 BTC by 2027 appeared first on Cryptonews.

The TMTG has filed Form S-3 with the SEC, tied to recent debt and equity agreements with 50 investors. The post Trump Media Files Form S-3 With SEC For $2.3B Bitcoin Treasury Deal appeared first on Cryptonews.

Tigran Gambaryan, Binance’s head of financial crime compliance, is leaving the exchange after an eight-month legal ordeal in Nigeria. The post Binance Exec Who Was Detained in Nigeria on Money Laundering Allegations Steps Down appeared first on Cryptonews.

The AI firm said the order to retain deleted ChatGPT chats undermines user privacy as legal its battle escalates.

Meta’s Oversight Board ordered the removal of a Ronaldo deepfake ad, calling out the platform’s weak enforcement of anti-fraud rules.

The Justice Department has filed a civil forfeiture complaint to seize crypto and NFTs allegedly tied to laundering efforts by North Korea. The US Department of Justice has moved to seize $7.74 million in crypto allegedly earned by North Korean IT workers using fake identities and working at blockchain firms as remote contractors.   The funds were initially frozen in April 2023 as part of an indictment against Sim Hyon Sop, a China-based banker allegedly helping North Korean IT workers launder money, the DOJ said in a June 5 statement. The Justice Department is looking to seize multiple cryptocurrencies, including stablecoins and Bitcoin (BTC) in varying amounts, along with non-fungible tokens and Ethereum Name Service domains that are held in multiple self-custody wallets and Binance accounts, according to its civil forfeiture complaint filed June 5 in a Washington, DC federal court. Read more

Circle closed with an $18.4 billion valuation, well below Coinbase’s IPO but ahead of newer entrants like Fold and eToro.