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A source close to the Iranian negotiating team has denied reports from Saudi Arabian media that Iran agreed to transfer a portion of its enriched uranium stockpile to a third country, according to Iran's Fars News Agency. The source added that current negotiations between Iran and the U.S. do not include nuclear-related issues, stating these topics have been postponed for future discussions.

According to CoinNess market monitoring, BTC has fallen below $62,000. BTC is trading at $61,994.01 on the Binance USDT market.

CNBC reported that MicroStrategy's (MSTR) Bitcoin sales and a correction in technology stocks have dampened investor sentiment in the cryptocurrency market. Charles-Henry Monchau, Chief Investment Officer (CIO) at Syz Group, said that speculative funds are shifting to AI-related stocks and South Korean memory chip stocks, with anticipation for large IPOs also absorbing some capital. Rajiv Sony, an analyst at Wave Digital Assets, explained that the correlation between BTC and the Nasdaq has weakened significantly. He noted that while the 30-day correlation between BTC, the Nasdaq, and the S&P 500 was almost perfectly positive a month ago, it has dropped considerably in recent weeks. Conversely, Matt Cole, CEO of Strive, argued that Bitcoin's fundamentals are stronger than ever. He pointed out that this is the fifth time BTC has approached its 200-week moving average, and the previous four instances served as buying opportunities.

BlackRock has deposited 1,978 BTC ($123.66 million) and 14,244 ETH ($23.84 million) to Coinbase Prime, according to Onchain Lens. The deposit is believed to be part of the operational management of its spot crypto ETFs, likely for settling redemptions amid fund inflows and outflows.

On-chain analysis firm Glassnode noted that the one-month implied volatility (IV) for BTC has surpassed 40%, while realized volatility remains around 35%. This indicates that the options market is pricing in greater price fluctuations than the spot market is currently experiencing. The firm added that short gamma positions are currently dominant in the BTC market, with the maximum negative gamma price level at $65,000. As BTC trades within this range, hedging demand could further amplify price volatility.

MicroStrategy founder Michael Saylor has identified four main ideological camps within the Bitcoin community, calling for greater convergence among them. According to his explanation, Maximalists emphasize Bitcoin's status as the dominant digital currency network. Capitalists argue for the deep integration of Bitcoin into global capital markets, banking systems, and corporate balance sheets. Technologists support technical upgrades to enhance scalability, privacy, and security. Finally, Fundamentalists stress the importance of self-custody, decentralization, and the protocol's immutability to prevent it from being co-opted by institutional or regulatory forces.

Citigroup has warned that the global stock market has entered its largest bubble since the 2008 financial crisis. The bank noted that 10 of the 18 items on its Global Bear Market Checklist have now entered the danger zone. Key risk factors cited include overvalued stock prices, optimistic investor sentiment, expanding investment in artificial intelligence (AI), and an increase in IPOs. While Citigroup's year-end market outlook remains optimistic, it cautioned that if more risk indicators emerge, a buy-the-dip strategy during a market correction could become significantly riskier.

Funding rates on major centralized (CEX) and decentralized (DEX) exchanges have turned negative as Bitcoin (BTC) fell to $61,126 today, BlockBeats reported, citing data from CoinGlass. The outlet noted that this shift indicates a clear turn toward bearish sentiment among market participants. Funding rates are a mechanism in perpetual futures contracts designed to align the futures price with the spot price through payments exchanged between long and short traders. A rate above 0.01% is typically considered a bullish signal, while a rate below 0.005% is interpreted as bearish.

According to monitoring by Onchain Lens, an anonymous Bitcoin whale that had been dormant for five years has transferred 602.26 BTC, worth approximately $37.81 million, to Binance. The address realized a profit of approximately $30.66 million from the transfer.

Bloomberg has pointed out that stablecoins could introduce new risks to the global financial system if they become a core part of future monetary infrastructure. The report noted that while tokenization technology can enhance settlement efficiency and reduce transaction costs, the U.S. government is effectively adopting privately issued, dollar-pegged stablecoins as an alternative to a central bank digital currency (CBDC). Bloomberg argued that stablecoins are essentially private IOUs dependent on the issuer's credit, which could undermine financial market stability in the event of a large-scale redemption event or operational failure. Concerns also persist regarding the accounting transparency and anti-money laundering (AML) frameworks of Tether, the world's largest stablecoin issuer. The report suggested that major jurisdictions like the European Union (EU) should either build tokenized currency systems based on central bank deposits or pursue the development of a CBDC, explaining that the financial chaos caused by the private currency systems of the 19th century should not be repeated.

Binance has confirmed in a tweet that its stock lending service, Fully Paid Securities Lending (FPSL), is set to launch on June 10. The service will allow users to earn income by lending out their stocks. Participants can sell their holdings at any time, even while the shares are on loan. However, users must temporarily waive their voting rights for any lent shares, and dividends will be distributed as cash-in-lieu payments. Binance had previously announced that the service was scheduled to go live on June 4.

The Spot CVD chart provides an analysis of the BTC/USDT spot pair's order book. The top section displays a Volume Heatmap, while the bottom shows the Cumulative Volume Delta (CVD). - The top Volume Heatmap tracks the scale of trading volume at specific price levels. The background color brightens when the price remains in a particular range for an extended period or experiences a significant move. These brighter areas can potentially act as support and resistance levels. - The bottom CVD indicator represents buy and sell orders categorized by the size of the funds involved. As buy orders increase, the corresponding colored line on the chart rises. For example, the yellow line tracks orders between $100 and $1,000, while the brown line represents large-scale orders ranging from $1 million to $10 million.

South Korean crypto exchange Upbit announced it will temporarily suspend deposits and withdrawals for Near Protocol (NEAR) at 0:00 a.m. UTC on June 10 due to a network upgrade.

The price of Babylon (BABY) temporarily touched $1.3 following news of its listing on the South Korean exchange Upbit, according to CoinNess Market Monitoring. On the Binance USDT futures market, the token surged from $0.012 to $1.3—a gain of approximately 10,733%—after Upbit announced trading support on its KRW market. The token has since retraced and is currently trading at $0.01724.

Nasdaq-listed Cypherpunk Technology (CYPH), a corporate acquirer of Zcash (ZEC), is currently facing an unrealized loss of approximately $7.75 million due to a sharp decline in the cryptocurrency's price, Foresight News reported. As of May 13, Cypherpunk held a total of 314,185 ZEC at an average purchase price of $337.86. The estimated loss is based on a current ZEC price of around $313. According to CoinMarketCap, ZEC is currently trading at $337.82, down 37.79%.

According to CryptoSlate, Bitget Wallet research analyst Lacie Zhang stated that a recent $1.76 billion liquidation event served to clear out excessive long positions in the market. Zhang noted that a decrease in open interest (OI) has also significantly reduced speculative positions compared to the previous week. The analyst explained that the crypto market tends to price in macroeconomic shocks ahead of traditional financial markets due to its 24-hour trading structure, high leverage, and rapid response times. If spot Bitcoin ETF outflows persist, Zhang added, BTC could potentially retest the $55,000 to $57,000 range.

Iran has notified Pakistan that it has agreed to transfer part of its uranium stockpile to a third country, according to Saudi Arabia's Al Arabiya TV.

According to Onchain Lens, a whale address that had been dormant for three years deposited 20,000 ETH (worth approximately $33.28 million) into Aave V3 and borrowed 30 million USDT. The whale then used the funds to purchase more ETH. This activity increased the address's total holdings from 38,554 ETH ($64.28 million) to 56,380 ETH ($94.04 million).

Jiang Zhuoer, founder of the Chinese Bitcoin mining pool BTC.top, announced on X that he has reopened his Ethereum (ETH) long position at an average entry price of $1,645. He had previously closed the position in the $2,200 to $2,400 range. Zhuoer added that while the market remains in a downtrend, he believes there is demand for a short-term technical rebound, noting that Bitcoin has twice found support around the $61,000 level without further declines. He plans to close the new position again if a rebound occurs. The total size of the position was not disclosed.

Nasdaq-listed Cypherpunk Technologies (CYPH), a company that acquires Zcash (ZEC), has praised the Zcash team for its handling of a recent vulnerability. In a statement on its official X account, Cypherpunk Technologies said that while AI will find vulnerabilities in all blockchains, the crucial factor is having a team that can discover them before malicious actors. The company added that the Zcash team has proven this capability. The comment follows the recent discovery of a vulnerability in Zcash, dubbed the Orchard infinite inflation bug, which led to a sharp decline in the price of ZEC. However, some observers have noted that the Zcash team has since fixed the bug. They also argue that the issue was not an infinite inflation flaw and that there is no evidence it was ever exploited.

A new report from Binance Research projects that crypto exchanges could drive up to $2 trillion in new capital and attract approximately 300 million new investors to the global stock market by 2031 through stock tokenization. According to BeInCrypto, the report suggests that crypto exchanges will serve as a gateway for stock investment, extending beyond their traditional role in digital assets. Under an optimistic scenario, the annual inflow of funds from crypto users into the stock market could reach $5 trillion within the next five years. The research highlights a disparity in stock ownership, noting that while about 62% of the U.S. population holds stocks directly or indirectly, this figure remains below 20% in most other regions. It also points out that approximately 93% of the initial users of Binance's stock trading service came from emerging markets, indicating strong demand in areas with limited access to global equities. The report concludes that the expansion of the tokenized stock market hinges on the regulatory environment, user adoption, and the overall growth of the market itself. Binance officially launched its U.S. stock trading service and its proprietary stock tokenization platform, bStocks, on June 1.

Binance announced it will temporarily suspend deposits and withdrawals for Near Protocol (NEAR) at 8:00 a.m. UTC on June 9 to support the project's network upgrade.

South Korean crypto exchange Coinone has announced it will delist CLV at 6:00 a.m. UTC on July 6.

South Korean crypto exchange Bithumb has announced it will delist Polaris Share (POLA) at 6:00 a.m. UTC on July 6. The exchange explained that the materials submitted by the project's foundation were insufficient to resolve the issues that led to an investment warning. It added that a comprehensive review of the project's business progress concluded that POLA no longer meets the criteria for continued trading support.

According to CoinNess market monitoring, BTC has risen above $63,000. BTC is trading at $63,001.98 on the Binance USDT market.