Monero is currently one of the best-performing cryptocurrencies in the top 100 projects by market cap. CoinGecko’s XMR data shows that XMR has risen by 8.5% in the daily charts and more than 10% in the last week. XMR’s rally is perplexing given that the larger cryptocurrency market continues to display bearish signals. Let’s discuss why Monero (XMR) is defying the market trend. Source: CoinGecko Why Is Monero Rallying Amid A Bearish Market? Source: Coingape Monero’s (XMR) price surge comes just after fellow privacy-focused cryptocurrency Zcash (ZEC) faced backlash for a bug. An analyst used Anthropic’s Claude Opus 4.8 to…
Author: cryphedge
Bitcoin advocate and Strategy co-founder Michael Saylor has responded to the Bitcoin community over Strategy’s recent sale of 32 BTC. Saylor said he never claimed that Strategy wouldn’t sell its Bitcoin. Indeed, he said that he has always advised individual investors not to sell their Bitcoin.Despite the recent sell-off, Strategy continues to accumulate Bitcoin and now holds 845,256 BTC.The 32 BTC Sale That Started ItSpeaking at the Prague Bitcoin Conference, Michael Saylor addressed Strategy’s recent sale of 32 BTC, worth around $2.5 million. Responding to the criticism, Saylor said,“A troll on Twitter said, ‘You said never sell your Bitcoin.’ Fine, I’ll…
Citigroup on June 11, 2026, began rolling out a product that allows wealthy clients and institutional investors to trade shares of private companies as tokens on a blockchain, according to The Wall Street Journal (WSJ). The product is initially open only to non-U.S. investors and operates on SIX’s blockchain infrastructure in Switzerland, while Citi acts as the issuer and custodian. This move aims to create a more structured channel into private markets, as many major tech companies remain private longer and demand for pre-IPO shares continues to rise.How Citi’s Tokenized Receipts Work Citi’s new product is built on a tokenized depositary receipts…
Crypto traders have turned Elon Musk’s expected SpaceX listing into a round-the-clock proxy market, pushing more than $1 billion through SpaceX-linked perpetual futures in the last three days as investors try to front-run one of the largest public offerings in Wall Street history.The shift comes as retail investors face limited allocations in a heavily oversubscribed offering and look for other ways to gain exposure.It also arrives with a warning from market history as some of the most celebrated technology listings of the past decade opened to enormous demand, only to punish early buyers with steep first-year losses before settling into…
The cancellation of a planned U.S. military strike against Iran on Thursday has shifted geopolitical risk calculations overnight, creating fresh crosswinds for crypto traders who have been tracking Middle East instability as a potential volatility trigger. U.S. President Donald Trump said he had canceled the strikes after negotiations were elevated to Iran’s top leadership and approved by a broad coalition including the United States, Israel, Saudi Arabia, the UAE, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, Egypt, and others, according to the original report. The framework and final points of the negotiations have been approved, Trump stated, but the naval blockade…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: June 11, 2026 Elon Musk Grok AI just looked at a Bitcoin chart down…
A Nasdaq-listed holding company has quietly assembled a treasury that reads more like a crypto-native fund than a traditional corporate balance sheet. Eightco Holdings, trading under the ticker ORBS, disclosed a total holdings figure of approximately $406 million as of June 10, 2026, and the composition tells a story that goes well beyond cash and short-term investments. The company’s position includes 16,278 ether, 283 million Worldcoin (WLD) tokens, a $90 million indirect stake in OpenAI, and an $18 million equity position in Beast Industries, with another $142 million in additional holdings, according to the original report. The numbers demand attention…
The upcoming SpaceX IPO is generating significant excitement across both traditional markets and crypto. While SpaceX has no direct connection to any cryptocurrency, some investors are turning their attention to crypto sectors linked to innovation, AI, and next-generation financial infrastructure that could benefit from renewed market optimism.In a recent market analysis, Altcoin Daily highlighted three cryptocurrencies, Hyperliquid, Bittensor, and Ethereum, as projects worth watching as anticipation around the SpaceX IPO continues to build.Hyperliquid (HYPE): Leading the 24/7 Trading RevolutionHyperliquid has become one of the fastest-growing projects in crypto this cycle. The decentralized perpetual futures exchange recently crossed $3 billion in…
PYTH price finally showed signs of life, climbing more than 16% after a major product launch. Yet despite the headline-grabbing announcement, the market’s reaction remains surprisingly muted.That’s the problem. Good news arrived, but conviction didn’t.Pyth Indices Launch Sparks Initial RallyThe move came after Pyth unveiled Pyth Indices, a new product offering 24/7 pricing data for U.S. equities, oil, metals, and thematic baskets. The launch includes support from major industry participants such as Coinbase, Kraken, dYdX, and Nado.The expansion pushes Pyth beyond crypto-native assets and into broader financial market data, a segment that has attracted growing interest from traders seeking around-the-clock…
On June 16, a scheduled VANA unlock could drop a meaningful tranche of tokens into the market just as volumes thin out into mid-year. Depending on which tracker you trust, that influx is either large enough to bend near-term price discovery—or modest enough to be absorbed with planning. DeFiLlama flags an unlock of roughly 9.11 million VANA, or 7.59% of total supply, with most flowing to “Community” and “Ecosystem” buckets (DeFiLlama (Vana unlocks page)). CoinMarketCap’s AI summary echoes the 9.11 million figure and pegs the tranche near $13.94 million, calling out a potential supply overhang relative to typical 24-hour trading…
