Crypto News Australia

Warren, Sanders and Bobby Scott have asked the Labour Department to scrap a proposal that would broaden access to crypto and alternative assets in 401(k) retirement plans.

Bitcoin fell below US$67,000 (AU$93,800) on June 2 in its steepest one-day drop since February 5, pushing short-term holders to realise losses at their fastest pace since early February.

TapTools will cease operations after citing rising costs and the loss of key personnel, marking another setback for the Cardano ecosystem.

Coinbase's x402 protocol surpassed 100 million transactions on Base within around nine months, highlighting growing adoption of automated blockchain payments.

Hyperliquid's HYPE token hit a record $75.40 and overtook Solana's price on Wednesday, defying a market-wide selloff as perpetual futures volume and new staking funds drove demand.

Bitcoin fell to a multi-month low near US$65,000 (AU$100,750), down about 8% from Tuesday's high, in one of the year's largest liquidation events.

Russia has sanctioned 17-year-old British researcher Alexander Browder and barred him from entering the country following his investigation into alleged crypto laundering networks.

Chainalysis estimates the crypto-powered peptide market has surpassed a US$100 million (AU$139 million) annualised transaction run rate, driven primarily by Bitcoin and stablecoin payments.

Bitcoin fell to around US$61,300, triggering more than US$617 million in long liquidations out of over US$737 million in total positions wiped over 24 hours.

Bitcoin's slide below Strategy's average acquisition cost of US$75,699 pushed the firm's 843,706-BTC position to an unrealised loss of roughly US$11.2 billion.