Bitcoin dropped below $60,000 amid a broader crypto market sell-off that 
erased $200 billion in total market value and triggered $1.57 billion in 
leveraged liquidations. Liquidations Pass the Billion-Dollar Mark Bitcoin 
plunged below $60,000 on Friday amid a market-wide sell-off that shaved 
approximately $200 billion from the crypto economy. According to Bitstamp 
data, the cryptocurrency […]

Bitcoin dropped below $60,000 amid a broader crypto market sell-off that erased $200 billion in total market value and triggered $1.57 billion in leveraged liquidations. Liquidations Pass the Billion-Dollar Mark Bitcoin plunged below $60,000 on Friday amid a market-wide sell-off that shaved approximately $200 billion from the crypto economy. According to Bitstamp data, the cryptocurrency &#8230;

Bitcoin Slides Below $60K as Traders Trigger $1.57B Liquidation Wave Across Crypto

Travala’s new protocol lets AI agents search and book hotels with USDC on 
Base, but travelers still approve the final payment.

Travala’s new protocol lets AI agents search and book hotels with USDC on Base, but travelers still approve the final payment.

Travala lets AI agents book hotels with USDC on Base

Among the issues US lawmakers are expected to discuss in a digital asset 
taxation hearing are “de minimis” reporting exceptions for crypto 
transactions.

Among the issues US lawmakers are expected to discuss in a digital asset taxation hearing are “de minimis” reporting exceptions for crypto transactions.

Crypto tax proposals weighed ahead of Tuesday House hearing

XRP is attracting institutional capital at a time when liquidity across the 
market is moving in the opposite direction. Fresh ETF inflows and growing 
accumulation among long-term holders continue to support the bullish case, but 
recent data suggest a different challenge is emerging beneath the surface. 
While demand appears healthy, the amount of liquidity available to absorb 
buying and selling activity has fallen sharply. XRP Continues To Attract 
Institutional Interest XRP has increasingly distinguished itself from the 
broader digital asset market. While several major crypto investment products 
struggled to attract capital in recent months, XRP-focused funds racked in 
$131.94 million in May 2026. Related Reading: The Bitcoin Bear Market Is Over: 
Here’s Where We Are In The Cycle This trend has remained largely consistent. 
Apart from a brief slowdown in March, XRP investment products have continued 
to attract capital, with fresh inflows extending into early June. 
Institutional capital inflow is particularly noteworthy because it comes at a 
time when investor sentiment has deteriorated across many digital assets. 
Rather than pulling back, institutions appear to be viewing XRP as a strategic 
opportunity. On-chain data reinforces that view. As prices declined toward the 
start of June, long-term holders increased their positions. Recent holder net 
position data shows a sharp rise in accumulation, suggesting that experienced 
investors were buying during the selloff rather than exiting the market. 
Liquidity Dries Up As XRP Tests Major Support According to @CryptoQuant_com on 
X, XRP’s Binance 30-day Liquidity Index has fallen to its lowest level since 
early 2020. The indicator has dropped close to zero even though XRP continues 
to trade above $1.20. Historically, higher liquidity levels have accompanied 
some of XRP’s strongest rallies, making the current decline particularly 
noteworthy. For newer investors, liquidity refers to how easily an asset can 
be bought or sold without causing major price swings. When liquidity falls, 
fewer orders are available to absorb trades, making the market more vulnerable 
to sudden volatility. Under these conditions, even modest buying or selling 
pressure can trigger outsized price moves. Related Reading: Analyst Reveals 
Why Bitcoin Price Must Crash To $42,000 First The technical picture reflects 
this growing tension. Following a steep 53% correction earlier this year, XRP 
entered a broad ascending channel and has spent several months consolidating 
within that range. Recent selling pressure has pushed the asset back toward 
the lower boundary of the channel near $1.19-$1.20, an area that also aligns 
with a major Fibonacci support level around $1.20. If buyers regain control, 
resistance levels sit near $1.29, $1.36, $1.45, and $1.51, while a move toward 
$1.60 would bring the upper boundary of the channel back into focus. However, 
a decisive break below the $1.19 support zone could expose XRP to further 
downside toward $1.11 and potentially the psychological $1 level. For now, XRP 
remains at the intersection of two opposing forces. Institutional demand 
continues to strengthen, but liquidity has fallen to multi-year lows. Until 
one side gains the upper hand, XRP’s next major move may depend less on 
investor interest and more on whether the market has enough liquidity to 
absorb it. Featured image created with Dall.E, chart from Tradingview.com

XRP is attracting institutional capital at a time when liquidity across the market is moving in the opposite direction. Fresh ETF inflows and growing accumulation among long-term holders continue to support the bullish case, but recent data suggest a different challenge is emerging beneath the surface. While demand appears healthy, the amount of liquidity available &#8230;

Institutions Are Loading Up On XRP, But Liquidity Tells A Different Story

AI&#8217;s rapid self-improvement in coding could necessitate global oversight, as 
human roles shift towards strategic oversight and architecture.
The post Claude now authors over 80% of code merged into its own codebase 
appeared first on Crypto Briefing.

AI&#8217;s rapid self-improvement in coding could necessitate global oversight, as human roles shift towards strategic oversight and architecture. The post Claude now authors over 80% of code merged into its own codebase appeared first on Crypto Briefing.

Claude now authors over 80% of code merged into its own codebase

SpaceX has secured a major compute agreement withGoogle ahead of its planned 
Nasdaq listing, adding another large customer to its expanding AI 
infrastructure business. A regulatory filing by SpaceX said Google will pay 
the company $920 million per month from…

SpaceX has secured a major compute agreement withGoogle ahead of its planned Nasdaq listing, adding another large customer to its expanding AI infrastructure business. A regulatory filing by SpaceX said Google will pay the company $920 million per month from…

Bitcoin Slides Below $60K as Traders Trigger $1.57B Liquidation Wave Across Crypto

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