Zcash’s ZEC slid nearly 50% from its $624 high on June 4 before rebounding about 18% over the past 24 hours, after a disclosed Orchard shielded pool flaw prompted an emergency patch. Meanwhile, Near Protocol’s NEAR fell back to around $1.91 and Worldcoin’s WLD to roughly $0.41, giving up recent gains as traders refocus on support levels.

JPMorgan, Citi, Bank of America and Wells Fargo are building a shared Tokenized Deposit Network via The Clearing House, with a target launch in the first half of 2027. The banks are promoting tokenized deposits as a way to enable 24/7, programmable settlement while keeping funds inside regulated bank deposits—an approach positioned against institutional stablecoin rails and a retail CBDC push.

Zcash (ZEC) rebounded by as much as 30% after a sharp two-day sell-off tied to fears around a reported Orchard privacy-pool vulnerability. After dropping as much as 48% early Friday to $250 from a prior-day high of $645, ZEC later climbed to $401 early Saturday and was up 21% over 24 hours at $369.

Fartcoin (FARTCOIN) fell more than 16% over the past 24 hours, extending its declines to 34% over seven days and 58% over 30 days. The wider memecoin sector dropped over 6.57% to a $26.84 billion market cap, while FARTCOIN's daily trading volume jumped over 50% to about $331 million. Derivatives data also showed lower open interest and long liquidations, as traders watched whether the token can hold around the $0.10 area.

On June 6, 2026 at 8 a.m. EDT, bitcoin rebounded from a weekend dip to $59,100 and briefly pushed above $61,600 before slipping into a tighter range. Over the last hour, BTC traded around $60,800–$61,000 on Bitstamp as volume thinned and traders waited for a clearer directional break.

Kalshi has submitted filings to list U.S.-regulated perpetual futures tied to XRP, Ethereum, Solana and Dogecoin, extending its crypto derivatives effort beyond bitcoin. The filings, dated June 6, 2026, also cover additional perpetual contracts across several major tokens, as the industry tests bringing offshore-style crypto perps into domestic regulated markets.

Q1 2026 delivered the first extended pullback since US spot Bitcoin ETFs launched, and professional holdings tracked in 13F filings fell from 313K BTC to 260.8K BTC. Hedge funds and brokerages accounted for about 50.2K BTC of the 52.6K BTC quarterly reduction, while banks increased exposure by 7.7K BTC and investment advisors remained the largest holder group at 150.3K BTC. The quarter also saw a net exit of 218 institutional entities, with 398 departures versus 180 new entrants.

Ethereum (ETH) has weakened to around $1,740, sitting below an estimated whale realized price near $1,900 and under the Binance listing AVWAP around $1,700. After ETH dropped below $1,550, over 21,540 ETH (about $34.1 million) was liquidated, while roughly $547 million in leveraged positions on Aave and Maker remains at risk. Buyers have been active near $1,550-$1,600, but ongoing whale selling and liquidation-driven supply continue to cap recovery attempts.