Bitcoin falls below $60,000, on track for a rare back-to-back quarterly loss
The token is down nearly 7% on the week with the altcoins falling harder. Bitcoin and ether are both ending the second quarter in the red, a back-to-back losing first half that runs against the usual pattern. Updated Jun 28, 2026, 7:13 a.m. Published Jun 28, 2026, 7:10 a.m. Bitcoin slipped below $60,000 over the
Bitcoin unspent transaction outputs signal capitulation underway: analyst
Analysis of Bitcoin unspent transaction outputs (UTXOs) suggests investors are capitulating, a pattern that has historically coincided with bear market bottoms. The ratio of the number of UTXOs spent in profit versus at a loss has fallen to its lowest level this bear market cycle, said CryptoQuant analyst known as Darkfost on Saturday. This is
Fidelity rebuts claims Bitcoin becomes less secure after halvings
Fidelity Digital Assets has pushed back against concerns that Bitcoin’s long-term security will deteriorate as mining rewards decline, arguing in a new research report that the network’s economic incentives remain sufficient to secure the blockchain over time. The report, authored by Fidelity research analyst Daniel Gray, reiterated the view that Bitcoin’s security depends on more
Bitcoin faces fresh capitulation risk as 50K BTC moved at a loss
Bitcoin (BTC) is showing fresh signs of short-term holder capitulation after roughly 50,000 BTC moved to exchanges at a loss over the past day. At the same time, the market capitalization of short-term holders fell to $237.7 billion, its lowest level since October 2024. The rise in loss-driven selling comes as tighter monetary conditions and
Why a selloff in gold and silver is dragging bitcoin down
Bitcoin has long been lumped in with precious metals as a hedge against a weakening dollar. That trade is unwinding on a hawkish Fed, and bitcoin is falling alongside the metals it was supposed to rival. A broad unwinding of the so-called debasement trade is hitting gold, silver and bitcoin at once, as investors retreat
DCG-backed Yuma launches fund offering institutional exposure to Bittensor
Yuma, a Digital Currency Group-backed investment company, has launched a fund that gives institutional investors diversified exposure to the Bittensor ecosystem, as asset managers expand investment products tied to decentralized AI. According to a Thursday announcement, the Yuma Total Market Fund provides exposure to Bittensor’s native TAO token and a basket of AI-focused subnets through
What Robinhood’s recent layoffs say about the current state of crypto investments
Despite the trading platform’s restructuring and the wave of crypto companies making cuts, signaling a late bear market, Altcoin Pro’s Horst, Anderson and Zhuleku explain there’s no reason to panic. Bull and bear market (Midjourney/modified by CoinDesk) Read the recent headlines about trading platform Robinhood’s c-suite departure and layoffs, or BitGo’s 15% workforce reduction, and
Tether putting $23 billion gold stockpile to work with bullion-backed loans
Tether putting $23 billion gold stockpile to work with bullion-backed loans The stablecoin issuer is extending its tokenized gold strategy by allowing holders of XAUT to borrow against their bullion, mirroring bitcoin-backed lending without selling the underlying asset. Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk) Tether and Ledn are expected to offer gold-backed loans later this
Polymarket hack updated to $3.1 million days after the platform promised users full refunds
The prediction markets giant is under investigation in connection with false or deceptive marketing practices, according to news reports. Hackers stole about $3.1 million in Polymarket’s PUSD token from 11 user wallets, moving the funds from Polygon to Ethereum, according to blockchain intelligence firm AMLBot. Polymarket said a compromised third-party vendor injected a malicious script
SOL reclaims $72, but onchain data flags weakening momentum
Key takeaways: SOL’s rebound to $72 shows bullish futures and airdrop hopes, but falling TVL and low DEX volumes point to fragile onchain demand. Tokenized stocks spark hype on Solana, yet Pump.fun dependence and Hyperliquid competition threaten sustained SOL momentum. Solana native token SOL jumped to $72 on Friday, distancing itself from the $64 lows