Crypto analytics platform CryptoQuant noted that $XRP transfer data has shown significant changes since the beginning of June. According to the data, large $XRP investors are increasingly concentrating their exchange withdrawal transactions on Binance, while the share of large outflows on Coinbase has declined significantly.
Bitcoin’s fall below $60,000 last Friday capped its worst week since the collapse of Sam Bankman-Fried’s FTX exchange in 2022. The forces currently at work seem almost harmless compared with those events, but that is exactly what worries analysts, who warn that the token’s modest rebound may prove short-lived as structural weaknesses are exposed. Bloomberg writes about this.
$XRP is trading at $1.1675 on 9 June, rebounding from a low of $1.0559 and attempting a second push towards $1.19, as options traders doubled their bets overnight right in the zone where the weekly chart shows significant structural support.
Singapore allows private investors to sell cryptocurrency without paying capital gains tax. This rule applies when assets are held as personal investments. It reflects a long-standing policy supported by the Inland Revenue Authority of Singapore.
Cardano continues to navigate a difficult market environment despite renewed optimism from founder Charles Hoskinson. The blockchain’s native token, $ADA, has shown a modest recovery from recent lows.
Cryptocurrency exchange Binance continues to expand its range of derivative instruments based on traditional financial assets (TradFi). According to the exchange’s statement, on June 9, 2026, Binance Futures launched five new USDⓈ-margined perpetual contracts to expand users’ trading opportunities.
On Tuesday, Bitcoin stabilised after the largest corporate holder of the cryptocurrency, Strategy, used the recent price decline to buy more, while tensions in the Middle East eased, bringing some relief to crypto markets.
Institutional Bitcoin reserves are growing: the top 100 holders account for 1,258,090 $BTC, with Strategy leading the list with a massive position of 845,256 $BTC.
Gold has fallen by more than 20% from its January record high of $5,600 per ounce and is now trading below its 200-day moving average (200DMA). This has happened for the first time since October 2023.
The $XRP reserve on Binance, the world’s largest cryptocurrency exchange by trading volume, fell to 2.7 billion tokens on June 7, compared with 2.77 billion $XRP on March 5, 2026. As a result, the supply of $XRP on Binance decreased by 66.05 million, reflecting a 2.38% decline over the period, according to CryptoQuant data analysed by Happy Coin News on June 8.
$NEAR recovered by roughly 20% from its recent low, outperforming other digital assets that are still struggling to recover. Market analyst Michaël van de Poppe called the token one of the strongest assets in the market and linked its next move to Bitcoin’s performance.
Bitcoin successfully returned to the $64,000 mark, interrupting a sharp multi-day decline that had previously pushed its price below $60,000.
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