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New York State plans to align its stablecoin regulations with the GENIUS Act, according to a report from Solid Intel.

DOGE whales have added over 200 million DOGE to their holdings in the past week, according to on-chain analyst Ali Martinez, bringing their total holdings to 18.84 billion DOGE. However, this on-chain accumulation stands in stark contrast to the dismal performance of institutional investment vehicles for the cryptocurrency. The three spot Dogecoin ETFs, which launched in November 2025, have attracted a meager $12.44 million in cumulative inflows to date. Notably, since May 19, these funds have recorded zero net inflows on all but a single day.

Three anonymous whale addresses have withdrawn a total of $122.29 million worth of ETH from FalconX and Kraken, according to on-chain analysis platform Arkham (ARKM). Two of the addresses are new, with this withdrawal marking their first transaction. Arkham noted on its official X account that the one whale with a prior purchase history is currently sitting on an unrealized loss of $9.1 million from its past buys. The platform added that this address could potentially belong to Bitmine, a publicly listed company that strategically accumulates ETH.

Prediction market Kalshi has announced and immediately implemented three new measures to enhance market integrity. These include a new risk-scoring system for listed markets, employment information verification for traders in high-risk markets, and strengthened whistleblower tools across the platform. According to BeInCrypto, all proposed markets will now be assigned a risk score based on six weighted factors, such as corporate KPI risk, regulatory compliance, and non-traditional insider risk. For markets deemed to have a high risk of insider trading or manipulation, traders must submit their employment information before placing a trade. Kalshi will use this data to pre-screen for potential insiders and block their transactions.

Eclipse (ES), which has been placed on the delisting watchlists of South Korean exchanges Bithumb and Coinone, has announced an update to its tokenomics. The total supply of ES will remain fixed at 100 million tokens. Under the new model, 47% of the supply is allocated to early investors and contributors, with the remaining 53% designated for the ecosystem and market liquidity. The Eclipse Foundation also stated that it has already sold some of its assets to fund project operations and maintain development speed. However, the foundation did not disclose the specific amount or scale of the sale, raising concerns about transparency.

Blockchain analysis firm Chainalysis announced on its official blog yesterday that it is expanding its cooperation with South Korea's National Police Agency to enhance the crackdown on cryptocurrency crime. The announcement follows the signing of a memorandum of understanding (MOU) between the two parties on April 22. Chainalysis identified responding to North Korea-linked cryptocurrency attacks as one of the key drivers behind the agreement. However, in an interview with Cointelegraph, Ryan Kwon, Chainalysis's head for Korea, clarified that the partnership is not designed with only one specific threat in mind, despite the importance of North Korea-related attacks to national security. He stated that the core objective is to enhance the overall capabilities of law enforcement agencies.

U.S. prediction market platform Kalshi announced it has launched XRP perpetual futures contracts. The launch follows the platform's introduction of Bitcoin perpetual futures on June 3, a move approved by the U.S. Commodity Futures Trading Commission (CFTC).

The public has reached a stage of completely ignoring and giving up on Ethereum (ETH), a state of extreme FUD that paradoxically makes a price rebound more likely, according to an analysis by Santiment. This negative social sentiment, which has fallen to its lowest level this year, stems from several factors: months of underperformance against Bitcoin and other altcoins, criticism of the Ethereum Foundation's (EF) governance and leadership, and controversial statements from Vitalik Buterin. Additionally, the proportion of ETH supply in profit by more than three times has dropped to 11%, its lowest point since 2017. Santiment drew a parallel to April 2025, when the market despaired that Ethereum was finished after a significant price drop. Exactly four months later, as FUD peaked and selling pressure exhausted itself, the price tripled to a new all-time high.

According to analysis from BIT, formerly Matrixport, Bitcoin is consolidating around $60,000 ahead of the U.S. Consumer Price Index (CPI) data release later today, which will serve as its first major test. The firm noted that Bitcoin is currently grappling with three macroeconomic headwinds simultaneously: inflation concerns, waning investor sentiment for AI-themed assets, and geopolitical uncertainty stemming from renewed conflict involving Iran. This extreme caution is also reflected in the options market, where the implied volatility of put options has consistently surpassed that of call options, pushing the volatility skew deep into negative territory to levels that exceed even those seen during the peak of the recent Middle East geopolitical crisis.

CME Group has launched a futures product for the Nasdaq CME Cryptocurrency Index, Cointelegraph reported. The index covers BTC, BCH, ETH, SOL, XRP, ADA, LINK, and XLM.

The blockchain-based metaverse gaming platform The Sandbox (SAND) has announced the upcoming launch of its AI game engine, "The Sandbox Studio." In a post on its official X account, the company said it is releasing the engine for the next generation of creators and that applications for early access are now open.

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 49.88% long, 50.12% short - Binance: 48% long, 52% short - OKX: 48.62% long, 51.38% short - Bybit: 46.93% long, 53.07% short

SaharaAI (SAHARA), which recently drew attention for a sharp drop in its native token, announced via its official X account that it has restored Ethereum-based SAHARA liquidity in its Cross-Chain Interoperability Protocol (CCIP) bridge pool. The project stated that transfer functions have now returned to normal. This follows a plunge of over 60% in the SAHARA token price yesterday, after which the team said it was investigating the cause and confirmed there were no security issues.

The simultaneous decline in Bitcoin and gold prices is driven by market fears that high interest rates could persist longer than anticipated, CoinDesk reported. The outlet noted that BTC has fallen 3% over the past 24 hours, while gold has dropped 2%. As non-interest-bearing assets, both Bitcoin and gold tend to lose their investment appeal when expectations for rising interest rates strengthen. The BTC rebound earlier this week was more of a technical bounce driven by the liquidation of short positions than by new capital inflows. Over $500 million in short positions were liquidated during the recent rally, marking the largest such event since April. CoinDesk explained that if U.S. inflation data comes in higher than expected, the Federal Reserve's high-rate policy could be extended, potentially placing further selling pressure on BTC and other risk assets.

Ripple (XRP) has fallen more than 4%, breaking below the key support level of $1.13 amid a large-scale sell-off, CoinDesk reported. The outlet noted that after losing the $1.13 level, selling pressure and trading volume surged, pushing the price as low as $1.05 at one point. XRP is currently trading within a downward channel and remains below its 100-day and 200-day moving averages, indicating a continued bearish trend. If it fails to reclaim $1.13 and the support at the $1.10–$1.12 range collapses, there is a risk of a further decline below $1. CoinDesk added that the crucial support zone is now between $1.10 and $1.12.

The net assets of 11 U.S. spot Bitcoin ETFs have fallen to $77.58 billion as of June 9, returning to levels seen just after President Donald Trump's election in November 2024, CoinDesk reported. According to the report, the ETFs' net assets peaked at an all-time high of $169.5 billion in October 2025, driven by expectations of pro-cryptocurrency policies, but have since surrendered most of those gains. The funds have experienced net outflows of over $5 billion in the past four weeks. Cumulative net inflows since the ETFs' launch have also decreased by approximately $9 billion compared to October 2025, hitting their lowest point since August 2025. Binance Research analyzed that the recent ETF outflows reflect the Federal Reserve's hawkish stance amid inflationary pressures, though it noted that the trend of decreasing on-chain supply remains intact. Ophelia Snyder, co-founder of 21Shares, added that other growth themes like artificial intelligence (AI) and SpaceX are currently absorbing investor interest and capital. She also pointed to risks in the Strait of Hormuz, U.S. employment data, inflation, and geopolitical uncertainty as factors dampening cryptocurrency investment sentiment.

OKX announced it will list perpetual futures contracts based on the stocks of Samsung Electronics, SK Hynix, and Hyundai Motor for users in select supported countries and regions. The listings are scheduled for today, June 10, at the following times: - SAMSUNG/USDT: 5:45 a.m. UTC - SKHYNIX/USDT: 5:50 a.m. UTC - HYUNDAI/USDT: 5:55 a.m. UTC

Following the release of Fable 5, the first public version of Anthropic's new AI model Claude Mythos, concerns are rising in the crypto industry about its potential to exploit smart contract vulnerabilities, Cointelegraph reported. Simon Dedic, founder of Moonrock Capital, warned on X that Fable 5 could reduce the cost and technical barriers for finding smart contract vulnerabilities to virtually zero. He added that unaudited DeFi protocols could become easy targets and that existing vulnerabilities could be repeatedly exploited in forked projects. Conversely, Curve Finance (CRV) co-founder Michael Egorov argued there is no guarantee that Mythos's success in finding vulnerabilities in general software will be replicated in DeFi smart contracts. He suggested that a greater threat could emerge in the area of operational security (OpSec), such as attacks on multisig wallets or front-end supply chains.

Bitfufu, a cloud mining platform under Bitmain, announced that it mined a total of 177 BTC in May. The company's Bitcoin holdings stood at 1,855 BTC as of the end of May, an increase of 43 BTC from the end of April.

The Spot CVD chart analyzes the order book for the BTC/USDT spot pair. The top section shows the Volume Heatmap, and the bottom section shows the Cumulative Volume Delta (CVD). - The top Volume Heatmap tracks trading volume at specific price levels. The background color brightens when the price lingers in a range or moves significantly, with these brighter areas potentially acting as support or resistance. - The bottom Cumulative Volume Delta (CVD) indicator represents buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. The yellow line represents orders between $100 and $1,000, while the brown line indicates large orders between $1 million and $10 million.

A circuit breaker has been triggered on the KOSPI following a sharp drop in the index. All trading will be halted for 20 minutes.

Cryptocurrency analyst Killa has identified $60,000 as a key price level for Bitcoin (BTC). He explained on X that if BTC maintains its quarterly low of $60,037, it could rebound to $68,185. However, if this level is breached, the price could fall to a Chicago Mercantile Exchange (CME) gap at $54,111. Killa noted that in the event of a further decline, the next major support level could be the July 2024 low of $49,302. Killa is a BTC-focused quant trader who previously predicted the bull market top in May 2025 and revealed he had opened a BTC short position at $74,688 in mid-April of this year.

U.S. spot Ethereum ETFs recorded a total net outflow of $40.83 million (62.1 billion won) on June 9, marking a shift to outflows for the first time in three trading days, according to data from TradeT. - BlackRock's ETHA: -$8.47 million - BlackRock's Staking ETHB: +$20,000 - Grayscale's ETHE: -$17.42 million - Grayscale's Mini ETH: -$14.96 million

According to a report from 10x Research, while Bitmine has an unrealized loss of approximately $10 billion on its ETH investments, its current stock price includes a potential upside that the market is overlooking. The report noted that Bitmine raised $19.2 billion through 50 separate stock issuances between July 2025 and June 2026 to purchase 5,543,872 ETH, an amount representing approximately 4.6% of the token's total circulating supply. However, with the price of ETH falling from an average purchase price of $3,526 to around $1,650, the value of the company's holdings has shrunk to approximately $9.1 billion. The losses were compounded by investors purchasing the stock at a significant premium to its Net Asset Value (NAV), estimated at a total of $4.6 billion. 10x Research concluded that with the stock price now significantly lower, the potential for a future recovery has become more important than the underlying asset value, suggesting Bitmine has entered a new phase.

U.S. spot Bitcoin ETFs recorded a total net outflow of $77.44 million on June 9, according to data compiled by Trader T. This marks the third consecutive trading day of net outflows for the funds. - BlackRock's IBIT: -$61.64 million - Fidelity's FBTC: -$20.19 million - Grayscale's Mini BTC: +$4.39 million