Author: altcoinvest
Bitcoin ETF News: U.S. spot Bitcoin ETF products just ended a record 13-day outflow streak on June 4, 2026, after hemorrhaging $4.4 billion, the longest sustained redemption run since these funds launched in January 2024. BlackRock’s IBIT led the reversal, pulling in $47.66 million to produce a net inflow of $3.05 million across the complex. Bitcoin price at the time sat at $61,303, down 51.5% from its all-time high of $126,173 set on October 6, 2025. That $3.05 million recovery represents less than 0.1% of what left during the streak. It is technically a reversal. It is not a flood.…
XRP and much of the broader crypto market managed a short-lived bounce on Monday after last week’s sharp drop to around $1.04. The recovery, however, comes with fresh cautions hanging over the token. Alex Carchidi, expert from The Motley Fool, argues that two important XRP-related metrics have turned notably bearish over the last 30 days. If the situation does not improve soon, he warns, it could undermine the argument that XRP is the “go-to” way to gain exposure to institutional activity in the tokenization market. Two Bearish Signals Emerge Carchidi points first to the XRP Ledger’s (XRPL) role in tokenized…
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin treasury firm Strategy has already more than made up for last week’s 32 BTC sale as it has announced a new major acquisition. Strategy Has Just Added To Both Bitcoin And USD Reserves In a new post on X, Strategy co-founder and chairman Michael Saylor has shared details related to the latest Bitcoin acquisition completed by the treasury company. With this purchase, the firm has expanded its reserves by a total of 1,550 BTC. The buy has come just a week after Strategy shocked the market…
Spot Bitcoin exchange-traded funds (ETFs) recorded about $1.72 billion in net outflows in the week ending June 5, according to SoSoValue data.The outflows extended the streak to four straight weeks of billion-dollar redemptions, dating back to the week ending May 15.Data compiled by Farside Investors shows that the pressure was concentrated across the first three trading days of June, when the funds shed $483.8 million, $519.1 million and $396.6 million, respectively. The ETFs briefly reversed into a $3.2 million inflow on Thursday before Friday’s $325.7 million in outflows. BlackRock’s iShares Bitcoin Trust ETF (IBIT) accounted for the bulk of the week’s…
Tokenized real-world assets (RWAs) remain one of the few bright spots in the cryptocurrency industry, even as macroeconomic headwinds and policy uncertainty weigh on markets in 2026, according to Binance Research.In its latest Monthly Market Insights report, Binance Research said the market for active tokenized RWAs surged 589% from early 2025 to June 2026. Bonds and money market funds led the sector in dollar terms, growing by 83% and adding $6.5 billion in value.Tokenized stocks, however, recorded the fastest growth, with their market value jumping 422%.Much of that momentum was driven by platforms such as Ondo Global Markets, which offers…
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Nvidia has announced new South Korean partnerships with SK Hynix, Naver, SK Telecom, Doosan Group, LG Group, and Hyundai Motor Group. The agreements came during CEO Jensen Huang’s visit to South Korea, where he met several corporate leaders. Nvidia announced South Korean AI partnerships with SK Hynix, Naver, SK Telecom, Doosan, LG, and Hyundai. SK Hynix signed a multi-year memory partnership to support Nvidia’s global AI data center plans. South Korea’s Kospi fell 8.3%, while Samsung and SK Hynix shares dropped after a strong tech rally. The companies did not disclose the financial value of the deals. Nvidia said the…
Memecoin issuance platform Pump.fun’s new bounty product has produced its first controversy.A user posting as Arivu on X said he completed a Pump.fun GO bounty last week that asked someone to tattoo the ticker “$boutywork” on their forehead and provide video proof. The task appeared to reference a token called $Bountywork, but the bounty description itself used the misspelled version “$boutywork.”Arivu said he followed the task exactly.“Guys I have followed everything exactly what the name mentioned in the line,” he wrote on X, adding that it was not his mistake because he tattooed the exact name mentioned by the bounty…
XRP printed $1.08 on June 5, 2026, its lowest level in 19 months, as a stronger-than-expected U.S. jobs news showing 172,000 new positions reignited Federal Reserve rate fears and triggered a cascade that wiped out more than $1 billion in leveraged crypto long positions within 24 hours. Bitcoin plunged to a weekend low of $59,100, and XRP was pulled down with it, extending a drawdown that now stands at approximately 69% from the July 2025 cycle high of $3.65. The token has since stabilized in the $1.12–$1.16 range, recovering roughly 7% from Friday’s trough. The analytical question is not whether…