Binance is cracking down on bot abuse in its Alpha Points early-access program after detecting coordinated bot farming activity.

Binance cracks down on bot activity in Alpha token program

Uber CEO Dara Khosrowshahi says the ride-sharing giant is looking at whether 
stablecoins can help it save when money around the world.

Uber in ‘study phase’ of using stablecoins to lower costs, says CEO

North Korea’s sprawling crypto laundering network has been hammered as U.S. 
authorities seized $7.74 million tied to fake IT jobs, blockchain trickery, 
and weapons funding. DOJ Targets North Korea’s Crypto Laundering Network With 
Asset Seizure The U.S. Department of Justice (DOJ) announced on June 5 that it 
has filed a civil forfeiture complaint seeking to […]

DOJ Seizes $7.74M in Crypto Tied to North Korean Tech Ring

Dogecoin started a fresh decline from the $0.20 zone against the US Dollar. 
DOGE is now consolidating losses and might recover if it clears $0.180. DOGE 
price started a fresh decline below the $0.1880 and $0.180 levels. The price 
is trading below the $0.1850 level and the 100-hourly simple moving average. 
There is a key bearish trend line forming with resistance at $0.1880 on the 
hourly chart of the DOGE/USD pair (data source from Kraken). The price could 
start a fresh decline if it declines below the $0.1680 zone. Dogecoin Price 
Dips Below Support Dogecoin price started a fresh decline after it failed to 
clear the $0.20 zone, like Bitcoin and Ethereum. DOGE declined below the 
$0.1920 and $0.1880 levels. The bears even pushed the price below the $0.1750 
level. A low was formed at $0.1687 and the price is now consolidating losses 
below the 23.6% Fib retracement level of the downward move from the $0.2005 
swing high to the $0.1687 low. Dogecoin price is now trading below the $0.1850 
level and the 100-hourly simple moving average. There is also a key bearish 
trend line forming with resistance at $0.1880 on the hourly chart of the 
DOGE/USD pair. Immediate resistance on the upside is near the $0.1760 level. 
The first major resistance for the bulls could be near the $0.1840 level. It 
is close to the 50% Fib retracement level of the downward move from the 
$0.2005 swing high to the $0.1687 low. The next major resistance is near the 
$0.1880 level. A close above the $0.1880 resistance might send the price 
toward the $0.20 resistance. Any more gains might send the price toward the 
$0.2050 level. The next major stop for the bulls might be $0.2120. More Losses 
In DOGE? If DOGE’s price fails to climb above the $0.1850 level, it could 
start another decline. Initial support on the downside is near the $0.1685 
level and the trend line. The next major support is near the $0.1650 level. 
The main support sits at $0.1550. If there is a downside break below the 
$0.1550 support, the price could decline further. In the stated case, the 
price might decline toward the $0.1350 level or even $0.1320 in the near term. 
Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing 
momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI 
for DOGE/USD is now below the 50 level. Major Support Levels – $0.1680 and 
$0.1650. Major Resistance Levels – $0.1760 and $0.1880.

Dogecoin (DOGE) Gains Bearish Momentum: A Buying Opportunity or Warning Sign?

Bitcoin long traders took a hit over the past 24 hours amid Bitcoin’s price 
dwindling amid broader macroeconomic tension and continued sell-offs by long- 
term holders.

Trump-Musk spat sees Bitcoin tumble, liquidating $308M in longs

A provocative claim by crypto researcher “Darkhorse” has reignited debate over 
whether Ripple Labs is quietly sidestepping a federal court injunction through 
a newly disclosed $300 million XRP treasury vehicle involving Asia-based 
mobility firm Webus International Ltd. “This new treasury setup allows @Ripple 
to bypass the injunction legally and cleanly,” Darkhorse declared in a post on 
X dated June 4. He contends that Ripple has found “the only route left by the 
Judge” by using an institutional structure that moves XRP through regulated 
intermediaries instead of selling it directly to investors. “It’s not just 
clever,” he wrote. “It’s compliant by design.” The setup in question was 
revealed in a recent Form 6-K filing by Webus, which outlined the creation of 
an XRP Treasury to be managed by Samara Alpha, an SEC-registered investment 
adviser. The program delegates full control of up to $300 million in XRP to 
Samara under a phased, regulated structure. While the filing stops short of 
stating where the XRP will come from, Darkhorse argues the intent is clear: 
Ripple can legally sell XRP to an SEC-facing intermediary like Samara, which 
then allocates it to a corporate client like Webus — all without violating the 
standing injunction. Related Reading: The Worst Case For XRP This Cycle? Just 
A Giga Rally To $19, Says Analyst “Ripple is enjoined from direct 
institutional sales without SEC clearance,” Darkhorse explained. “The 
workaround? Sell to regulated intermediaries (like Samara on behalf of Webus) 
with treasury agreements that are SEC-transparent and non-retail facing. It’s 
structured — not casual.” Is Ripple Bypassing The XRP Injunction? Veteran XRP 
commentator Jay Nisbett pushed back. “I just don’t see any of this as clever 
or bypassing anything — it’s just adoption,” he replied. Nisbett asserted that 
Ripple and Webus are not partners, that Webus is simply acquiring XRP like any 
other participant on the secondary market, and that the asset itself “has been 
ruled to be not a security in this context.” He added that holding XRP on a 
balance sheet isn’t the same as triggering a securities transaction. Darkhorse 
issued a sharp rebuttal. “You’re missing the mechanism,” he told Nisbett, 
laying out his argument in four parts. First, he emphasized that Webus did not 
just announce an intent to buy on the open market. “Webus filed via Form 6-K 
to publicly document a $300M XRP Treasury but not to simply buy on open 
markets. They delegated management to ‘Samara Alpha,’ an SEC-registered 
investment adviser, under a phased, regulated structure.” Related Reading: XRP 
Price Could Hit $21 This Bull Cycle With 1.618 Fib Level As Next Target 
Second, he argued that the core issue is Ripple’s inability to sell directly 
to institutions, which is where the intermediary comes in. “This structure is 
about creating compliant distance,” he wrote. “It’s not Ripple handing XRP to 
an investor — it’s routing via an SEC-registered manager who takes custody and 
executes under regulatory supervision.” Third, Darkhorse disputed Nisbett’s 
assertion that there’s no relationship between Ripple and Webus. “Check 
RippleNet corridors and prior Asia-Pacific mobility pilot cases,” he wrote. 
“Their ties to Ripple’s network and XRPL liquidity routes go back years. Just 
because it wasn’t front-page news doesn’t mean it didn’t happen.” Finally, he 
challenged the notion that Webus’s XRP holdings are merely passive. “ ‘Just 
holding on balance sheet’ is not automatic exemption,” he argued. “This is 
treasury deployment, not idle custody. The fact that Webus structured this 
through a delegated SEC-facing manager says they do consider XRP institutional 
risk a legal factor.” He concluded bluntly: “This isn’t Ripple dumping tokens 
on exchanges. It’s creating institutional conduits that comply while 
navigating around the injunction bottleneck.” Despite the detailed structure 
and SEC-facing components, Nisbett remained unmoved. “No I get what you’re 
saying… I just disagree in that mechanism being an unexpected event,” he 
wrote. “It’s just a natural maturation of the market and the market reacting 
to legislation hurdles as the market always has and will.” With Ripple still 
bound by Judge Torres’s 2024 permanent injunction — which prohibits direct 
institutional XRP sales unless registered — the debate hinges on whether the 
Webus structure constitutes indirect circumvention or lawful evolution. The 
SEC has yet to comment, and the court recently denied the parties’ request to 
vacate the injunction, calling it “procedurally improper.” At press time, XRP 
traded at $2.1989. Featured image created with DALL.E, chart from 
TradingView.com