By Olivia Stephanie from crypto.news CME Group has launched Nasdaq CME Crypto Index futures, giving traders exposure to eight large cryptocurrencies through one regulated contract. Key points: – CME’s new index futures combine eight major cryptocurrencies through a single cash-settled, regulated derivatives contract. – Standard and micro contracts give traders broader crypto exposure without directly
By Lawrence Mondal from crypto.news Bitcoin has stayed under pressure through 2026, but analysts at Bernstein argue that the muted cycle may be a sign of a maturing, more institution-driven market rather than a long-term problem. Key points: Bernstein says retail interest has rotated toward AI-related equities, while institutions make up a larger share of
By Olivia Stephanie from crypto.news Bitcoin price recovered above $62,000 on Monday after last week’s selloff pushed the asset to about $59,100. Key points: Bitcoin reclaimed its 200-week moving average after sweeping February’s low; resistance remains near $64,000. Oversold RSI supports a relief bounce, while bearish MACD suggests sellers still control broader momentum. Rising open
By Lawrence Mondal from crypto.news According to a fiscal year 2027 budget bill passed by the Illinois General Assembly, the state is moving forward with a new tax on cryptocurrency transactions that would apply to digital asset brokers operating in Illinois. Included within the state’s $56 billion budget package, the proposal introduces a 0.2% tax
By Lawrence Mondal from crypto.news The U.S. House Ways and Means Committee has released seven crypto tax discussion drafts that would introduce new rules for decentralized finance lending, stablecoin payments, staking rewards, and other digital asset transactions ahead of a June 9 congressional hearing. According to crypto journalist Eleanor Terrett, the discussion package breaks crypto
By Lawrence Mondal from crypto.news It is the longest losing streak the spot Bitcoin ETFs have ever recorded. Between May 15 and June 3, 2026, US-listed spot Bitcoin ETFs bled cash for 13 consecutive trading days, draining roughly $4.37 billion from the complex and flipping the year’s cumulative flows negative for the first time since
By (author not listed) from crypto.news According to a fiscal year 2027 budget bill passed by the Illinois General Assembly, the state is moving forward with a new tax on cryptocurrency transactions that would apply to digital asset brokers operating in Illinois. Summary – Illinois lawmakers approved a budget bill containing a 0.2% tax on
By Eleanor Terrett from crypto.news The U.S. House Ways and Means Committee has released seven crypto tax discussion drafts that would introduce new rules for decentralized finance lending, stablecoin payments, staking rewards, and other digital asset transactions ahead of a June 9 congressional hearing. According to crypto journalist Eleanor Terrett, the discussion package breaks crypto
By Rony Roy from Crypto.News Bitcoin has been in freefall since June 2, 2026. What started as a midday flash crash that knocked the price from about $71,765 to $67,895 has turned into a three-day slide. The setup: leverage at crash levels The most important fact about this crash is that the market was primed
By Olivia Stephanie from crypto.news Bitcoin fell below $63,000 on Thursday as the selloff in the crypto market deepened. Summary – Bitcoin dropped below $63,000 as sellers broke the May range and liquidations crossed $1.1 billion. – Analysts now watch $60,000, $55,000 and $50,000 as pressure builds across Bitcoin derivatives markets. – RSI and MACD
