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Hardcore bitcoin purists haven’t lost faith in the world’s largest digital currency, despite it losing nearly 17% of its value, marking the worst weekly performance since July 2024 and wiping out about $200 billion in market cap in the last seven days. The prominent bitcoin advocates or maximalists (short for maxis) — a group that believes bitcoin is the only cryptocurrency likely to achieve lasting global adoption and monetary relevance — argue that capital is being sucked out of crypto and into artificial intelligence, creating what they see as a temporary liquidity crunch rather than a fundamental bitcoin problem.This narrative…

On May 27, a coalition of U.S. Senate Republicans led by Senator Cynthia Lummis called on financial regulators to clarify capital rules for crypto-related activities. The letter, addressed to Federal Reserve Vice Chair for Supervision Miki Bowman, FDIC Chairman Travis Hill, and Comptroller of the Currency Jonathan Gould, urged agencies to develop “clear and fair” standards for on-balance sheet digital asset holdings. The senators criticized the Basel Committee on Bank Supervision’s global framework, which assigns a 1,250% risk weight to crypto holdings—a measure they described as a “de facto ban” on banks owning digital assets. They argued that these standards…

New York, USA, June 5th, 2026, PlayNewswire FairGambling, a new transparency and rewards platform for crypto casino players and Bitcoin gamblers, today announced its public launch. The platform combines on-chain analytics, provably fair verification tools, independent crypto casino reviews, live bonus code feeds, and an extra rewards program offering up to 30% rakeback across 40+ major crypto casino operators including Stake, Roobet, Shuffle, BC.Game, Gamdom, Bitcasino, 1win, Winna, Thrill and Duel, with much more to come. FairGambling launches into a market that processed over $80 billion in crypto casino deposit volume last year. The platform’s analytics layer already tracks $45…

NORWALK, Conn., June 5, 2026 /PRNewswire/ — Bitmine Immersion Technologies, Inc. (NYSE: BMNR) (the “Company”) today announced the pricing of its upsized offering (the “offering”) registered under the Securities Act of 1933, as amended (the “Securities Act”), on June 4, 2026 of 3,500,000 shares of 9.50% Series A Perpetual Preferred Stock (the “Series A Preferred Stock”), at a public offering price of $80.00 per share. This reflects an upsizing of the previously announced offering of 3,000,000 shares of Series A Preferred Stock. The issuance and sale of the Series A Preferred Stock are scheduled to settle on June 10, 2026, subject…

Victoria, Seychelles, June 5th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has announced the listing of YOM (YOM) in the Innovation Zone. Spot trading for the YOM/USDT pair is now open as of June 5, 2026, at 10:00 (UTC). To celebrate the listing, MEXC has launched an Airdrop+ event with a reward pool of 200,000 YOM and 40,000 USDT. YOM is a decentralized cloud gaming network built on DePIN infrastructure, enabling AAA games to be streamed instantly on any device without downloads. By crowdsourcing idle consumer GPUs rather than relying on centralized data centers, YOM reduces streaming…

Victoria, Seychelles, June 5th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has announced the conclusion of the “Pizza Day: Urban Run” event, which drew 82,398 participants and distributed rewards to 74,912 users. As the first featured experience under MEXC’s “One Pizza, Infinite Opportunities” campaign, the initiative reflects MEXC’s ongoing commitment to lowering barriers to crypto participation and delivering tangible value for users. The event generated strong engagement throughout its run. Daily peak winners reached 9,259, reflecting consistently high levels of participation. User commitment was equally notable, with one user completing 39 games, the highest recorded during the…

Though there’s no new sign of progress on the U.S. Senate’s Digital Asset Market Clarity Act, the crypto industry’s Blockchain Association held an online event Thursday with involved lawmakers continuing to make the case for support — especially in the law enforcement community — as the bill’s advocates contend with a narrow Senate window.Throughout the months of Clarity Act negotiations, the legislation’s provisions that contend with cryptocurrency abuse in illicit finance have remained among the top concerns of Democratic lawmakers, and a number of Democrats who’ve worked on the bill have so far held back their support while some law-enforcement…

Key takeaways:Strategy faces tighter short-term liquidity, but its conservative 11% net leverage protects it from forced BTC liquidations.A Bitcoin rally above $70,000 remains unlikely as long as STRC trades under $100 and spot ETFs show net selling pressure.Bitcoin (BTC) faced a 21% price correction in 10 days, retesting the $61,000 level for the first time in 4 months. This movement coincided with Strategy (MSTR US) company’s decision to buy back some corporate debt, temporarily pausing its Bitcoin accumulation. Traders now fear that Strategy could be forced to liquidate some of its Bitcoin holdings.Strategy (MSTR US) Bitcoin reserve changes & average…

Global law enforcement agencies and major tech companies have coordinated a sweeping crackdown on crypto scam networks operating in Southeast Asia, freezing millions in cryptocurrency and disabling over 1.4 million fraudulent accounts. This multi-agency operation, dubbed “Disruption Week,” highlights the scale of the region’s crypto-fraud industry, which has increasingly relied on advanced technology and forced labor. Led by the U.S. Department of Justice’s Scam Center Strike Force, the operation involved Coinbase, Meta, Microsoft, and Starlink, alongside local law enforcement such as the Royal Thai Police Anti-Cyber Scam Center. Coinbase announced it had frozen over $3 million in crypto linked to…

KINGSTOWN, St. Vincent and the Grenadines, June 4th, 2026, Chainwire ChangeNOW, a non-custodial crypto management platform extending beyond exchange services with a full suite of B2B solutions for businesses in the digital asset space, is pleased to announce that it has been named “Best Digital Assets Fintech” at the BeInCrypto x Proof of Talk Institutional 100 Awards 2026. The award, which honors the businesses influencing institutional cryptocurrency adoption worldwide, was given out at the actual ceremony, which took place live at Proof of Talk, the Louvre Palace in Paris. About the BeInCrypto Institutional 100 Awards The BeInCrypto x Proof of…