PAX Gold (PAXG/IDR) Price Today
Bitcoin falls below $60K amid institutional selling and Fed rate hike concerns
Bitcoin briefly dropped below $60,000 on June 5, its lowest since late 2024, due to institutional selling, hawkish Federal Reserve outlook, and competition from AI investments. Deutsche Bank highlights bitcoin's shift from retail to institutional inf...

Cardano faces scrutiny over large ADA transfers linked to co-founder during 2021 bull run.
New analysis suggests co-founder Charles Hoskinson may be connected to large ADA transfers around Cardano's 2021 price peak, sparking debate over transparency in early token distribution. The Cardano Foundation denies involvement and stresses indepen...

A $30M XRP leveraged position faces forced liquidation risk amid market volatility.
A major investor holding a $30 million leveraged long position in Ripple's XRP is under pressure due to recent price declines, risking forced liquidation. The investor is defending the position by adding capital, betting on a historical July price ra...

Penguin Solutions gains elite NVIDIA AI partner status but shares fall 1.29% amid muted investor response.
Penguin Solutions, Inc. earned the exclusive NVIDIA AI Factory Specialized Partner designation after rigorous evaluations, validating its expertise in AI infrastructure. The company provides comprehensive enterprise-scale AI computing platforms and r...

Project Pangea aims to enable real-time FX settlement, cutting delays with stablecoin swaps between Korean and European banks.
Project Pangea, a collaboration involving Chainlink, over 10 Korean banks, and 37 European banks, seeks to replace the traditional two-day FX settlement cycle with real-time, stablecoin-based settlement. This initiative targets the $9.6 trillion dail...

US seizes $15B in Bitcoin from Cambodian Prince Group in largest DOJ crypto crackdown
The US Department of Justice seized 127,271 Bitcoin, valued at up to $15 billion, from Cambodia's Prince Group, marking the largest cryptocurrency seizure in DOJ history. The group, led by Chen Zhi, was indicted for running forced-labor crypto scams ...

Bitcoin plunge triggers $700M liquidations as leveraged positions are wiped out
Bitcoin's recent price drop caused a massive wave of liquidations totaling around $700 million. This sharp decline forced many traders using leverage to close their positions, highlighting the risks of high leverage in volatile markets. The event und...

Bitcoin dips 3.6% to $61,860, sparking $171M in liquidations amid market uncertainty.
Bitcoin fell 3.6% to an intraday low of $61,860, dragging its market cap down to $1.25 trillion and causing $171 million in crypto liquidations. The drop reflects broader market sell-offs and concerns over Federal Reserve interest rate policies. Anal...

Researcher ZachXBT criticizes KYC and may reveal ways to evade online tracking.
On-chain researcher ZachXBT publicly criticized Know Your Customer (KYC) procedures, calling them one of the least effective data types for investigations. He warned that he might soon publish methods to bypass KYC and evade online tracking, which co...

A whale withdrew $1.5M AVAX from Bybit, signaling possible accumulation amid mixed exchange flows.
A large holder withdrew 238,651 AVAX tokens worth about $1.5 million from Bybit, reducing the amount held on exchanges and suggesting accumulation rather than selling. However, overall exchange data showed a net inflow of AVAX, indicating some trader...
