Author: WebDesk

Zcash is facing fresh pressure after a critical Orchard pool bug raised questions about private balances, supply checks, and user safety. Summary David Schwartz says unmoved Zcash coins would stay accessible if no exploit occurred before migration. Shielded Labs plans Ironwood to isolate Orchard and verify funds leaving the old pool. ZEC fell sharply after developers said the Orchard bug could allow hidden counterfeit coins. Ripple CTO emeritus David Schwartz said passive holders would not lose access to their funds if the bug was not exploited before the planned recovery process. They can’t prove it per se, but if orchard…

This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. Bitcoin capitulated below its 200-week moving average with a big red candle, trading at $62,495 as of Friday morning. Ethereum saw similar blood, and the altcoin sector in general collapsed further, even the outliers that were shining in previous weeks. Meanwhile, the stock market continued its parabolic ascent, with the S&P 500, Nasdaq,…

James Ding Jun 07, 2026 09:17 AAVE’s RSI at 24.38 signals extreme oversold conditions while institutional long positions at 62.7% suggest accumulation near $58-60 support. Technical confluence points to a recovery toward $75 wi… Market Context: DeFi Selloff Creates Opportunity AAVE trades at $64.21 following the recent protocol exploit, down 49% from its 200-day moving average at $126.41. The selloff pushed the token through multiple support levels, creating oversold conditions across all major timeframes. While security concerns triggered the initial decline, the underlying DeFi protocol maintains its market position and user base. The…

Rongchai Wang Jun 07, 2026 09:14 LDO hovers at $0.27 with oversold conditions battling bearish momentum. Technical structure points to $0.25 retest before any sustainable recovery toward $0.32. The Immediate Setup LDO trades at a critical juncture around $0.27, where oversold conditions clash with persistent selling pressure. The token posted a 4.10% bounce in the last 24 hours, but this appears more like relief than genuine reversal. RSI sits at 31.23 after barely escaping oversold territory, while MACD histogram flatlines at zero. Buyers are present but lack the conviction needed for sustained upward…

Peter Zhang Jun 07, 2026 09:12 HBAR’s weak bounce from support signals continued downside pressure toward $0.065, despite historical January strength patterns that could trigger recovery above $0.095. Market Context: Technical Relief Meets Resistance HBAR’s 3.17% bounce today represents technical relief rather than meaningful reversal momentum. The token remains trapped 20% below its 200-day moving average at $0.10, with no institutional catalyst news driving the modest recovery. This price action appears purely technical, occurring as the token tests critical support levels. The broader crypto market’s mixed signals create uncertainty for HBAR’s near-term direction.…

DUBAI, UAE, June 7, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch of Bybit IPO Express, becoming one of the first centralized crypto exchanges globally to offer tokenized IPO (initial public offerings) at the offering price. Powered by Payward Services’ xStocks, eligible retail investors worldwide can now participate in blockbuster IPO projects by subscribing to tokenized representations of publicly traded equities, starting with SpaceX as the inaugural offering. The launch marks a fundamental step in the convergence of traditional capital markets and crypto-native infrastructure, as exchanges increasingly compete to expand beyond digital asset…

Tony Kim Jun 07, 2026 08:41 Technical indicators signal a potential 15% rally toward $2.00, with Telegram’s “Gram” rebranding creating fundamental catalyst for breakout above current resistance levels. Technical Setup Points to Accumulation Zone The charts reveal TON trading in a controlled accumulation phase with clear directional bias emerging. RSI at 46.34 indicates neutral momentum with room for upward movement, while the MACD histogram near zero suggests selling pressure is diminishing. This convergence typically precedes significant price moves in either direction. TON’s position within the Bollinger Bands shows the asset trading in the…

Capital rotation into artificial intelligence may have played a bigger role in Bitcoin’s latest selloff than most market watchers initially assumed. Michael Saylor, whose company Strategy recently sold a portion of its Bitcoin holdings, pushed back on criticism and pointed instead to an unprecedented flow of money into AI infrastructure as a key factor behind the drop. Related Reading Saylor Pushes Back On Blame Strategy’s Bitcoin sale briefly made Saylor a target. TV personality Jim Cramer went as far as to say Saylor had “murdered Bitcoin,” a claim Saylor denied outright. He argued that capital markets have been funding the…

Key Takeaways7RCC launched BTCK, an ETF with 80% bitcoin and 20% carbon credit futures exposure.BTCK links bitcoin with the EU, California, and RGGI carbon markets in one listed fund.Gemini custodies BTC as 7RCC targets growing demand for ESG-focused crypto products. BTCK Debuts on NYSE Arca With 80% Bitcoin and 20% Carbon Credit Exposure 7RCC Global has brought one of the crypto market’s earliest ESG-linked bitcoin ETF concepts to public trading. The firm said this week that its 7RCC Spot Bitcoin and Carbon Credit Futures ETF has started trading on NYSE Arca under the ticker BTCK. The fund gives investors exposure…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Seasoned analyst Darkfost reports that altcoins remain in a precarious market position, especially following recent global financial losses. For context, over $1 trillion was wiped out of US financial markets on Friday due to weak sentiment around AI and semiconductor stocks. The widespread decline encompassed losses of 2.6% in the S&P 500, 4.7% in the Nasdaq, and 4% in Bitcoin. Two Years On, Altcoins Continue To Underperform The Market For altcoins, the rust runs deeper, as this set of cryptocurrencies has consistently struggled to appreciate since December…