crypto
Why Is Crypto Going Down Today? Bitcoin, Ethereum, XRP and Dogecoin Sink as Crypto Decouples From Record-High Stocks
- Bitcoin trades near $66,970 on June 3, 2026, down 9.5% for the week as the total crypto market capitalization slips toward $2.3 trillion.
- My charts show BTC, ETH, XRP and Dogecoin all trading below their 50 and 200-day EMAs, a textbook bearish alignment across the board.
- Spot Bitcoin ETFs bled $519.2M on June 2 in a 12-day streak, while Finbold AI models project XRP sliding to $1.18 by the end of June.
Wednesday, 03/06/2026 | 13:20 GMT by
Damian Chmiel
Crypto Firms Moved Into Football. The FCA Wants Clubs to Vet Them
- The UK’s FCA has warned Premier League clubs that sponsorship deals with unauthorised crypto and trading firms could expose them to legal, AML and reputational risks.
- The move comes as football clubs increasingly look to crypto exchanges and trading platforms to replace gambling sponsors.
Wednesday, 03/06/2026 | 08:32 GMT by
Tanya Chepkova
SEC Draft Plan Would Curb Enforcement Reach and Cement Atkins's Crypto Turn
- The draft plan would refocus enforcement on fraud and manipulation while building a formal rulebook for digital assets.
- Atkins is also pushing to widen retail access to private markets and rebuild aging systems like EDGAR.
Wednesday, 03/06/2026 | 07:13 GMT by
Damian Chmiel
Virtu Financial Ireland Gets MiCA Approval and CASP License for EU Crypto Services
- The approval allows the firm to operate crypto services across all 27 EU member states.
- The license enables crypto trading and liquidity services for institutional and professional clients.
Tuesday, 02/06/2026 | 14:15 GMT by
Tareq Sikder
IG Drops Commission on Bitcoin, Ethereum and Solana to Undercut UK Crypto Rivals
- The FTSE 100 broker now charges only a 0.07% exchange fee on its three most-traded tokens, while the rest of its crypto lineup stays at 1.49%.
- IG's crypto unit still sits outside the UK's main consumer protection schemes.
Monday, 01/06/2026 | 08:16 GMT by
Damian Chmiel
MEXC Launches Real US Stock Trading, Moving Beyond Tokenized Equities
- The crypto exchange says users can now own actual shares and collect dividends, not just track prices.
- The pitch sets it apart from the wave of tokenized stock products rivals rolled out last year.
Monday, 01/06/2026 | 06:05 GMT by
Damian Chmiel
Moomoo Expands Texas Crypto Offering With Wallet Deposit and Withdrawal for Retail Investors
- IG made a similar move in the UK after FCA crypto licence enabling future asset transfers.
- Texas rollout brings 52 crypto assets to Futu subsidiary Moomoo, increasing US crypto coverage.
Friday, 22/05/2026 | 14:05 GMT by
Tareq Sikder
IG Europe Moves to Expand EU Crypto Offering with MiCA Licensed Bitpanda
- Last year, IG Group received a cryptoasset licence from the UK Financial Conduct Authority.
- IG Europe is supervised by BaFin; parent IG Group is listed on London Stock Exchange’s FTSE 100.
Thursday, 21/05/2026 | 16:21 GMT by
Tareq Sikder
Bitcoin Price Cracks $80,500: 50 EMA Now Last Defense
- BTC trades at $76,984 on May 20 after 5 consecutive down sessions cracked the $80,500 trigger I flagged on FinanceMagnates.com May 13.
- 50 EMA at $76,000 is the last technical defense; a daily close below opens the path to year-to-date lows in the $63K-$66K band.
- Crypto ETPs lost $1.07B last week, the third-largest outflow of 2026, with US-listed funds bleeding while Europe and Canada saw inflows.
Wednesday, 20/05/2026 | 10:38 GMT by
Damian Chmiel
Why Is Crypto Going Down? Bitcoin, XRP Price , Ethereum and Dogecoin Fall for 4th Straight Session
- Bitcoin tests $76,500 support on Monday after Trump's "Clock Is Ticking" Iran warning, with $580M in long positions liquidated overnight.
- BTC, ETH, XRP and DOGE all show four consecutive down sessions, with Bitcoin's $76.5K 50 EMA the decisive hinge for next 10-20% drop.
Monday, 18/05/2026 | 09:18 GMT by
Damian Chmiel
After CLARITY: How the US Crypto Framework Stacks Up Against MiCA, MAS, and VARA
- The comparison shows that every major crypto hub now requires licensing, asset segregation, and stablecoin reserves. The US is the last to formalise what others already enforce.
- While CLARITY could give the US its first formal crypto market structure framework, MiCA, MAS, VARA, and Hong Kong’s regime already operate with live licensing, enforcement, and stablecoin rules.
- MiCA also entered formal review in May 2026 as regulators confronted market consolidation and stablecoin delistings, while Dubai’s VARA expanded its profile by granting preliminary authorisation to Kraken parent Payward.
Friday, 15/05/2026 | 12:09 GMT by
Tanya Chepkova
Why Is Crypto Going Up? Clarity Act Pushes XRP Price to 2-Month High as Bitcoin, Dogecoin and Ethereum Follow
- Senate Banking advanced the Clarity Act 15-9 Thursday. BTC, XRP, ETH and DOGE all sit below their 200 EMAs on Friday, May 15.
- Bitcoin at $79.6K, XRP $1.42, ETH $2.25K, DOGE $0.114. Every major sits inside tight consolidation despite the bullish vote.
- Polymarket prices 62-73% odds of 2026 passage. Citi targets $143K BTC and Standard Chartered $8 XRP if the bill becomes law.
Friday, 15/05/2026 | 07:36 GMT by
Damian Chmiel
This Bitcoiner Claims Claude AI Helped Recover 5 BTC Dormant Since 2015, Reopening Lost-Supply Question
- A pseudonymous X user said Anthropic's tools allowed him to move Bitcoins worth about $400,000.
- Recovery experts, however, cautioned that the work was file forensics rather than cryptographic cracking.
Thursday, 14/05/2026 | 06:08 GMT by
Damian Chmiel
After 15-Month Investigation, Sydney Darknet Probe Leads to Seizure of 52 Bitcoin
- The cybercrime unit seized BTC worth 5.7M Australian dollars during a darknet investigation.
- Police called it a major crypto seizure linked to darknet activity, following a similar 2021 case.
Friday, 08/05/2026 | 15:42 GMT by
Tareq Sikder
eToro Crosses 200 Crypto Mark Despite Push to Cut Reliance on Digital Assets
- The trading platform added 19 tokens, including DoubleZero, Avantis and Virtuals Protocol, bringing its total list to over 200 names.
- The expansion runs alongside the firm's campaign to reduce dependence on crypto, which produced about 18% of net contribution in 2025.
Thursday, 07/05/2026 | 08:15 GMT by
Damian Chmiel
Coinbase Cuts 14% of Staff as AI and Crypto Downturn Reshape Its Operating Model
- The CEO cited “continued weakness in crypto markets” and shifts in work execution, alongside cuts of about 700 roles.
- Company will flatten management to five layers below CEO and COO to reduce complexity and speed decisions.
Tuesday, 05/05/2026 | 14:10 GMT by
Tareq Sikder
DeFi’s Next Chapter: Breaking the Loop of Speculation, Leverage, and Inflated Yields
- Structurally reflexive, DeFi is driven by leverage loops and incentive-based liquidity rather than real economic output.
- DeFi’s long-term sustainability depends on shifting away from internal speculation toward external, productive economic linkage.
Thursday, 30/04/2026 | 21:45 GMT by
Anndy Lian
Scammers Target Hong Kong Stablecoin Licences Before First Tokens Go Live
- Earlier this month, it approved its first stablecoin licences under the HKMA framework, with HSBC and Anchorpoint Financial as initial issuers.
- Fake stablecoins impersonating newly licensed issuers appeared before launches expected in 2026 or later.
Wednesday, 29/04/2026 | 17:10 GMT by
Tareq Sikder
OKX Taps BlackRock’s $2.5B BUIDL for Margin, Extends Custody Model with Standard Chartered
- The fund allows institutions to earn yield on assets posted as trading margin, which would otherwise remain idle.
- Last year, Standard Chartered became OKX’s custodian in the EEA after Luxembourg regulatory approval.
Tuesday, 28/04/2026 | 17:34 GMT by
Tareq Sikder
Singapore Institutions Deepen Crypto Exposure as the Question Shifts from If to How
- Banks, funds, and family offices in Singapore integrate crypto portfolios with emphasis on compliance and infrastructure.
- Crypto in Singapore shifts from hedge narrative to structured portfolio asset with growing institutional confidence.
Tuesday, 28/04/2026 | 02:00 GMT by
Paul Golden
Israel Approves First Shekel-Pegged Stablecoin Framework After Two-Year Regulatory Pilot
- The global stablecoin market exceeds $320 billion, with annual volumes around $46 trillion.
- Israel Capital Market Authority's approval marks an early but limited phase in its broader crypto regulatory framework.
Monday, 27/04/2026 | 17:54 GMT by
Tareq Sikder
France Charges 88 in Crypto Wrench Attacks Including Over 10 Minors
- 135 crypto-related incidents since 2023 have been reported in France, linked to organized criminal networks.
- Officials charge suspects with kidnapping, extortion, and money laundering in crypto-related cases.
Monday, 27/04/2026 | 16:04 GMT by
Tareq Sikder
EU Regulators Advance Third-Party ICT Oversight Under DORA and Reiterate Crypto Warnings
- ESAs designate 19 ICT providers and expand cyber coordination tools under the framework in 2025.
- Supervisors continue work on PRIIPs updates, ESG stress testing and SFDR changes in the EU.
Friday, 24/04/2026 | 13:41 GMT by
Tareq Sikder
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