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Thursday, June 4, 2026

Cryptocurrency

Canaan Posts $88.7M Net Loss in Q1 2026 as Bitcoin Prices Weigh on Mining Revenue

Bitcoin miner Canaan reported a net loss of $88.7 million for the first quarter of 2026, as falling Bitcoin (BTC) prices squeezed margins and triggered a significant inventory write-down.The company posted total revenue of $62.7 million for the quarter...

Analyst Says Roadmap For Bitcoin To Reach $500,000 Is Complete, Here’s Why

Bitcoin’s long-term chart has produced another interesting price projection, as crypto analyst Crypto Tice is pointing out a technical roadmap needed for a rally to $500,000. This Bitcoin price forecast is based on a broad ascending channel that has...

10% of Americans Used Crypto in 2025, Up From Last Year

About one-tenth of US adults said they used or invested in crypto in 2025, the highest level in three years, according to a Federal Reserve report on the economic well-being of households. Roughly 10% used crypto for any reason, up...

SEC to propose tokenized stock framework as Wall Street efforts deepen: Bloomberg

The U.S. Securities and Exchange Commission is reportedly poised to release a major crypto proposal as it seeks to institute its digital assets agenda. Source link

3 Factors May Send Bitcoin Price Back To $80K

Key takeaways:Aggressive Bitcoin buying by Strategy helped to offset the recent leveraged long liquidations.Rising bond yields and a heavy US government debt burden are driving investors toward scarce assets.A potential deal between the US and Iran could quickly restore...

ZachXBT Names RAVE, RIVER, SIREN, and LAB as Victims of Bitget-Enabled Market Maker Fraud

Key TakeawaysZachXBT has accused Bitget of enabling supply control manipulation across RAVE, RIVER, SIREN, and LAB tokens.Ten wallets pulled 100M LAB tokens ($480M, 32% of supply) from Bitget in 12 hours, per onchain data.ZachXBT recently named Bitget’s founder Shawn...
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Hezbollah rejects US-backed Israel-Lebanon ceasefire

The agreement between Israel and Lebanon, reached after a fourth round of US-mediated talks in Washington, is contingent on...
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