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Month: June 2026

Blocktancy > 2026 > June

Bitcoin tanks below $63,000 for the first time since February as price selloff deepens

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News
  • Post author By blocktancy.com
  • 4 June 2026
  • No Comments on Bitcoin tanks below $63,000 for the first time since February as price selloff deepens

The selloff has triggered demand for protective options plays, pushing the fear gauge higher.

DeFi won’t win over big banks until it fixes its hacking problem, executives say

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  • Post author By blocktancy.com
  • 3 June 2026
  • No Comments on DeFi won’t win over big banks until it fixes its hacking problem, executives say

Lenders are particularly interested in blockchain’s back-office applications, but security failures are blocking wider adoption.

Banks’ survey says people don’t want to rock the boat if stablecoin yield risks lending

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  • Post author By blocktancy.com
  • 3 June 2026
  • No Comments on Banks’ survey says people don’t want to rock the boat if stablecoin yield risks lending

The American Bankers Association, which lobbies against the crypto sector over the Clarity Act’s stablecoin section, unveiled its new polling.

Franklin Templeton says Wall Street fears blockchain because it threatens its profits

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  • Post author By blocktancy.com
  • 3 June 2026
  • No Comments on Franklin Templeton says Wall Street fears blockchain because it threatens its profits

Jenny Johnson, Franklin Templeton’s CEO, said blockchain and crypto threaten a huge number of business models that exist today in traditional finance.

Big tech is ‘terrified’ of AI agents wiping out ad revenue, says Billions Network CEO

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  • Post author By blocktancy.com
  • 3 June 2026
  • No Comments on Big tech is ‘terrified’ of AI agents wiping out ad revenue, says Billions Network CEO

Evin McMullen’s view on AI agents disrupting Google’s and Facebook’s business model was previously shared by Cardano Founder Charles Hoskinson and Cloudflare CSO Stephanie Cohen.

Prediction market traders bet bitcoin’s selloff has further to run

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  • Post author By blocktancy.com
  • 3 June 2026
  • No Comments on Prediction market traders bet bitcoin’s selloff has further to run

Markets now imply a 66% chance bitcoin falls below $55,000 and a coin-flip chance of sub-$50,000 prices before year-end.

Bitcoin’s ‘fear gauge’ surges nearly 20%, its biggest jump since Feb. 5 crash

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  • Post author By blocktancy.com
  • 3 June 2026
  • No Comments on Bitcoin’s ‘fear gauge’ surges nearly 20%, its biggest jump since Feb. 5 crash

The jump signals return of fear after two months of calm market sentiment.

Bullish XRP signals are piling up. The price keeps falling.

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  • Post author By blocktancy.com
  • 3 June 2026
  • No Comments on Bullish XRP signals are piling up. The price keeps falling.

XRP lost another major support level on heavy selling, with traders now focused on whether buyers can defend the $1.20 area after a 15-week low.

Bullish crypto bets lose $1.6 billion as ETH, SOL, DOGE drop 9%

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  • Post author By blocktancy.com
  • 3 June 2026
  • No Comments on Bullish crypto bets lose $1.6 billion as ETH, SOL, DOGE drop 9%

The single biggest unwind was a $59.67 million BTC-USDT long on HTX.

MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments

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  • Post author By blocktancy.com
  • 2 June 2026
  • No Comments on MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments

MGUSD, issued by Stripe’s Bridge, will power services across MoneyGram’s global network as stablecoins gain traction in cross-border payments.

Bitcoin’s biggest ETF selloff yet hits $3.4 billion as AI stocks keep climbing

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  • Post author By blocktancy.com
  • 2 June 2026
  • No Comments on Bitcoin’s biggest ETF selloff yet hits $3.4 billion as AI stocks keep climbing

U.S. spot bitcoin funds bled cash for 11 straight sessions through Monday, the longest redemption streak since their 2024 launch, as risk dollars rotated toward an AI-led equities rally.

XRP falls 4% below $1.30 as bitcoin-led market weakness pulls down majors

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  • Post author By blocktancy.com
  • 2 June 2026
  • No Comments on XRP falls 4% below $1.30 as bitcoin-led market weakness pulls down majors

XRP hit fresh 15-week lows after losing a key support zone, with exchange outflows failing to offset persistent selling pressure.

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