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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.

An address associated with digital asset service provider Hex Trust has purchased 72.23 million H tokens, worth $42.02 million, over the past four hours, on-chain analyst ai_9684xtpa reported on X. The analyst noted that this amount represents 2.55% of the circulating supply of Humanity (H) tokens. In April, the Humanity Foundation significantly adjusted its vesting schedule for early investors, offering them the choice to either postpone their token unlock or reduce their allocation by 70% in exchange for a lump-sum payment on June 26. Hex Trust is one of Humanity's strategic investors, the analyst added.

The Hong Kong Monetary Authority (HKMA) has announced the launch of a task force focused on bond tokenization. The group will be composed of industry representatives with relevant experience, including industry associations, financial institutions, legal advisory firms, and providers of financial infrastructure and technology. According to the announcement, the task force will build on the authority's previous work in bond tokenization to jointly explore policy measures, market practices, and potential solutions.

Rand Hindi, CEO of the Ethereum-based privacy protocol Zama, has described the current downturn as the worst bear market in the history of cryptocurrency. In a post on X, Hindi, who has been in the market since 2013, stated that this decline has been the most challenging. He argued that previous crises—such as China's ban on Bitcoin, the collapses of FTX and Luna, the Mt. Gox incident, and actions by former U.S. SEC Chairman Gary Gensler—were not as disheartening as the current situation where AI can attack smart contracts with simple commands. He added that those who survive this market will become invincible and will lead the emergence of trillion-dollar protocols. Hindi also suggested that the current conditions are perfect for a large-scale sell-off, citing a combination of a liquidity shift from the SpaceX IPO, Bitcoin sales by Strategy founder Michael Saylor, and hacks on AI-based protocols.

A single whale is facing $6.65 million in losses amid a downturn in ZEC and HYPE, according to Onchain Lens. The address's 10x leveraged ZEC long position is down by over $3.2 million, while its 2x leveraged HYPE long position has lost $1.567 million. The whale is also known to hold long positions in NEAR, TON, ASTER, and XMR.

Bitcoin is retesting its February low of $62,000 and attempting to break below it, according to on-chain analyst Axel Adler Jr. In a blog post, he noted that selling pressure is intensifying as the price approaches this level, leading to more severe realized losses than during the previous dip in February. Adler Jr. explained that the current net realized loss is approximately $7 billion, which is higher than at the February price bottom but still below the $14 billion peak seen during last winter's capitulation phase. He highlighted that only two key support levels remain below the current price: $54,000, which is the average realized price for the entire network, and $49,000, the average purchase price for long-term holders. Both of these levels have historically marked the entry into full capitulation phases in past cycles. Adler Jr. emphasized that as long as the $54,000 level holds, the market will not enter a full capitulation. However, he warned that if the February low is broken and the price enters the average purchase price zone, it could signal the start of a major downtrend.

Amid a sharp decline in Zcash (ZEC) following the disclosure of an infinite minting bug in its Orchard protocol, a 3x short position held by Garrett Jin, founder of the fraudulent crypto exchange BitForex, is showing $16.48 million (25.4 billion won) in unrealized profit, according to on-chain analyst ai_9684xtpa. The position, held on Hyperliquid (HYPE), has a return of 137.8% with an average entry price of $626.47. The associated address has now become the top account on Hyperliquid for unrealized profits from ZEC positions.

Binance announced it will delist several tokens, including Contentos (COS), DAR Open Network (D), Highstreet (HIGH), and MOBOX (MBOX), at 3:00 a.m. UTC on June 19. Accordingly, all spot trading pairs for these tokens will be removed from the exchange at that time.

South Korean crypto exchanges Bithumb and Coinone have announced the addition of Eclipse (ES) to their respective delisting watchlists. Bithumb stated the decision was made due to the project's failure to make timely and adequate disclosures on matters that could significantly affect the asset's value.

Zcash (ZEC) has plummeted over 45% in the last 24 hours. According to CoinMarketCap, the token is trading at $322.83, down 45.47% over the period. The drop follows recent controversy over the discovery of a bug in its Orchard protocol that could have allowed for infinite coin duplication. While some have suggested that the Zcash team has fixed the bug, the token's decline has accelerated since the news broke.

The largest holder of Ethereum long positions on Hyperliquid is currently facing an unrealized loss of $73.66 million, EmberCN reported. The whale holds a position of 120,000 ETH, worth $271 million, across four addresses with an average entry price of $2,261. EmberCN added that if ETH's price continues to fall, the whale might be forced to reduce the position. The liquidation price for some of the addresses is between $1,300 and $1,400, a threshold that was recently lowered after the whale added another $26 million in collateral.

An Ethereum MEV (Maximal Extractable Value) bot mistakenly sent 167 ETH, worth approximately $276,000, to an unspecified user, according to Peckshield.

The frequency of on-chain attacks against cryptocurrency projects has tripled since the widespread adoption of artificial intelligence, according to an analysis by BlockBeats. The media outlet explained that the monthly average of such incidents was just 3.7 between 2020 and 2021, before AI became mainstream. In the period since, the average has surged to 10.4 attacks per month, with a cumulative total of 250 attacks recorded. Attacks have become even more frequent this year as AI capabilities have significantly improved, the report noted. "This suggests that AI technology is being used to automate and increase the frequency of vulnerability discovery and attack techniques," BlockBeats stated. "The importance of smart contract security audits and real-time monitoring across the cryptocurrency ecosystem is also being emphasized."

Strategy founder Michael Saylor has dismissed the possibility of a margin call on his Bitcoin (BTC) holdings. The statement came after Michael A. Gayed, a portfolio manager for Pre-Market ETF, posted on X questioning whether Saylor would eventually face a margin call. Saylor responded with a single word: "No".

Major exchanges have seen $436 million worth of futures liquidated in the past hour. In the past 24 hours, $1,057 million worth of futures have been liquidated.

Major exchanges have seen $263 million worth of futures liquidated in the past hour. In the past 24 hours, $884 million worth of futures have been liquidated.

On-chain analyst ZachXBT announced on his Telegram channel that he has downgraded cryptocurrency exchange Kraken from its top S-tier rating to B-tier. He cited the exchange's listing of low-quality tokens suspected of manipulation, such as M, RAIN, and RIVER, without sufficient due diligence. ZachXBT also pointed to the absence of any mention of victim compensation in Kraken's recent announcement regarding a hacking incident. He noted that other major exchanges like Coinbase and Bybit have prioritized user compensation following security incidents. "I will increase the bounty to up to $100,000 for whistleblowers who provide internal documents—including business contracts, full conversation logs, and market-making (MM) agreements—related to exchange price manipulation," ZachXBT stated. He added that such practices will likely continue until regulators or the public make an example of one of the teams involved in price manipulation.

Strategy's (MSTR) leveraged Bitcoin buying model is under pressure, potentially leading to further price declines for the cryptocurrency, according to an analysis by Grayscale. Cointelegraph reported, citing a recent Grayscale report, that after Strategy sold 32 BTC last Monday, Bitcoin's price fell 16%, accompanied by a drop in MSTR's stock price. Grayscale suggested this could also significantly impact Strategy's preferred stock (STRC), noting that if the company were to increase the STRC dividend rate, it might need to sell more BTC to cover the payments. For the health of the ecosystem, Grayscale added, it is better for companies with diversified revenue models to hold BTC than for supply to be concentrated in a single, BTC-focused firm. However, Augustine Fan, a partner at crypto software firm SignalPlus, stated that while Strategy's BTC sale is being blamed for the recent market downturn, the fundamental reality is that the structural arguments for a bullish outlook are fading.

According to CoinNess market monitoring, BTC has fallen below $62,000. BTC is trading at $61,975.8 on the Binance USDT market.

The spot CVD chart provides an order book analysis for the BTC/USDT spot pair. The upper section shows a Volume Heatmap, and the lower section displays the Cumulative Volume Delta (CVD). - The 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 zones can potentially act as support or resistance levels. - The Cumulative Volume Delta (CVD) indicator shows buy and sell orders categorized by their monetary value. 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 ranging from $1 million to $10 million.

Major exchanges have seen $104 million worth of futures liquidated in the past hour. In the past 24 hours, $718 million worth of futures have been liquidated.

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: 50.06% long, 49.94% short - Binance: 49.86% long, 50.14% short - OKX: 49.73% long, 50.27% short - Bybit: 49.32% long, 50.68% short