Bitcoin is hovering near its lowest levels since late 2024, and analyst Rekt Capital argues the market may still be in a bottoming process that could take additional months. He compares the current drawdown and time-in-correction with prior cycles, pointing to a ~240-day pullback so far and the possibility of another leg down of up to 20% before a final low forms.

Traders on Polymarket and Kalshi have put more than $2 billion into 2026 FIFA World Cup winner contracts, with Spain and France listed as the top contenders. As of 3:30 p.m. EDT on June 10, 2026, Spain was priced at 16.5% on Polymarket and 17.4% on Kalshi, while France hovered near 16.1%. Opening-match markets also show Mexico as the largest single-game favorite at 70% with $1.86 million in volume.

Botanix said it will close its Bitcoin layer-2 network, arguing that current market demand for Bitcoin-native DeFi is not large enough to support a standalone ecosystem. Users are asked to withdraw Bitcoin and other assets before July 9, 2026, when the federation plans to sweep remaining funds. The team said the tech performed as designed, but user preference leaned toward wrapped Bitcoin and larger, cheaper ecosystems.

Stellar's XLM jumped 102% from $0.147 to $0.297 in the final week of May, then slid 37.8% to below $0.20 as the move retraced. Over the past 24 hours, XLM fell 6.38% while open interest dropped 9.2%, alongside a rise in daily trading volume. Key levels highlighted include the $0.183 range high being retested as support and the 78.6% retracement near $0.173.

Bitcoin is retesting a key demand area after a bearish break from a symmetrical triangle, leaving price action at a pivotal point. Traders cited in the report focus on $60,700–$58,900 as a potential rebound zone and $60,800 as a must-hold level, with $62,400, $61,800, 63,000 and $55,500 also highlighted as key markers.

Tether said on June 10 it will lead a Series C financing of up to $1.4 billion for Germany's NEURA Robotics. The plan includes integrating Tether's open-source Wallet Development Kit into NEURA's robots so they can hold self-custodial wallets and carry out crypto payments, including micropayments, under predefined rules. NEURA is also set to test and deploy Tether's QVAC edge AI runtime inside its Neuraverse software platform.

Raydium said it will cover losses after an attacker drained about $1.34 million from five deprecated liquidity pools tied to its legacy AMM V3 program that has been phased out since 2021. The team said current users and active pools were not impacted, and stated reimbursement will be paid from Raydium's treasury while it reviews mainnet programs for vulnerabilities.

Venture capitalist Tim Draper argued that fears of quantum computers breaking Bitcoin are overstated and said his BTC feels safer than cash kept in a bank. In remarks amplified in an X post on June 9, he claimed banks' legacy infrastructure would be easier to compromise, while Bitcoin could coordinate a rollback to a last secure block in an extreme scenario.