The Crypto Fear and Greed Index for Bitcoin plunged to 11 on June 3, 2026, signaling extreme market pessimism as Bitcoin traded near $65,853, down about 47% from its 2025 peak. Institutional investors, led by Blackrock's IBIT, have redeemed over $2 billion from U.S. spot Bitcoin ETFs, reflecting a shift away from crypto amid unfavorable macroeconomic conditions like strong U.S. jobs data and geopolitical tensions. Traders are closely watching the $65,000 support level, with some predicting a drop to $50,000, which could act as a capitulation floor before a potential recovery. The market is in a de-risking phase, and while extreme fear readings have historically signaled buying opportunities, the near-term outlook remains uncertain as ETF outflows and selling pressure continue.
Nvidia CEO Jensen Huang personally reviews and approves the pay for all 42,000 employees, consistently increasing the company's spending on salaries. Huang believes in paying employees as much as possible, arguing that taking care of people leads to ...
Babylon's BABY token surged 52.7% following its listing on South Korea's largest exchange, Upbit, which led to a trading volume spike between $100 million and $250 million in 24 hours. The token enables Bitcoin staking directly on the Bitcoin blockch...
Federal Reserve Governor Michael S. Barr warned in a June 2026 speech that recent bank deregulation during a financial boom could weaken the system's resilience against future crises. He highlighted regulatory rollbacks that reduce capital requiremen...
Bitcoin has been trading at a discount against the South Korean won for nearly a month, reaching its deepest gap of 3.1% since February 2021 on June 1. Despite global prices around $70,767, South Korean exchanges like Upbit and Bithumb have priced bi...
Bitcoin has historically fallen 77-84% following Federal Reserve Chair transitions due to early hawkish policies and liquidity tightening. Past declines coincided with major market shocks and aggressive Fed tightening cycles. However, the upcoming 20...
