News
9 Jun 2026, 17:39
Japan’s top 3 banks to launch yen stablecoin by 2027

🚨 Japan’s three largest banks plan a joint yen stablecoin by March 2027. 💡 Regulatory approval and details on user access are still pending. 🌏 A bank-backed yen stablecoin could change settlement flows in $USDT’s stronghold. Continue Reading: Japan’s top 3 banks to launch yen stablecoin by 2027 The post Japan’s top 3 banks to launch yen stablecoin by 2027 appeared first on COINTURK NEWS .
9 Jun 2026, 17:38
Chris Jericho to Join and Co-Create Official Community Traits for Kokopi Koalas™ NFT Collection

Tampa, Florida, June 9th, 2026, Chainwire Pro wrestling legend, international rock star, multi time world champion and lifelong collector Chris Jericho is officially joining Kokopi Koalas ahead of the June 11 mint on LaunchMyNFT: https://launchmynft.io/mint/kokopikoalas Kokopi Koalas , the customizable NFT ecosystem on Solana, today announced a collaboration with global wrestling icon, musician, actor and collector Chris Jericho . As part of the partnership, Jericho will work directly with the Kokopi community to create official Chris Jericho Traits that will launch in the project’s Trait Store. Unlike traditional NFT collections where assets remain static after mint, Kokopi Koalas give NFT holders the unique ability to continuously customize and evolve their digital collectibles through its Trait Store. Collectors can acquire, swap, equip, and combine traits to create unique, personalized Koalas that grow and evolve over time. Chris Jericho to Host Live Community Trait Design Events on X.com and Discord Jericho will host live community events where Kokopi holders can submit trait concepts inspired by his legendary career. During the sessions, Jericho will review submissions and personally select the winning designs, which will become the official Chris Jericho Traits available in the Trait Store. In addition, Kokopi token holders will receive exclusive VIP access to Jericho through the project’s Discord: https://discord.gg/kokopikoalas and X.com: https://x.com/KokopiCanopy , including private voice chats, lives, spaces, giveaways, and direct engagement opportunities. Real-World IP & Merch Utility Beyond digital customization, Kokopi Koalas is extending NFT and trait ownership into real-world IP. Holders who equip official traits — such as the upcoming Chris Jericho Trait — will be able to connect their wallet in the Trait Store: https://kokopikoalas.com/ to unlock exclusive access to limited-edition merchandise featuring customized NFTs, including apparel, drinkware, posters, calendars and toys. These items will be available at a discount to Kokopi Token/NFT holders who can also register as affiliates to earn revenue by promoting their personalized merch links. Chris Jericho On Joining Kokopi Koalas “I’ve spent my career entertaining people, bringing communities together, and collecting things that mean something. The Kokopi Koalas Trait Store model feels like the next step in digital collectibles. It puts creativity back in the hands of the fans, and when I saw what the Kokopi team was building, I knew I wanted to be not only an investor, but a partner!”— Chris Jericho BTN, Co-Founder of Kokopi Koalas, added: “Chris Jericho embodies exactly what we’re building at Kokopi Koalas. He deeply understands fandom, collecting, and the power of community. Having him actively involved in the Kokopi community, creating a trait with our holders, is a perfect reflection of our vision — putting real ownership and creative input back into the hands of the people who support the project. This collaboration goes beyond digital collectibles. With the introduction of real-world merch utility and Jericho inspired traits, we’re showing that Kokopi Koalas is designed to grow and evolve long after mint. Chris has spent his career constantly reinventing himself across wrestling, music, and entertainment. There’s no better initial partner to help us bring together diverse communities and prove that NFTs can deliver lasting, meaningful experiences than Chris!” Building the Future of Evolving Digital Collectibles The upcoming Kokopi Koalas NFT mint on June 11 will introduce a new model of interactive digital ownership. Rather than one-time static purchases, holders will be able to continuously upgrade, swap and personalize their NFTs through ongoing trait releases, future collaborations with other NFT and Token projects, limited trait drops, celebrity and community-driven content. The Chris Jericho Trait will be the first celebrity-backed trait introduced into the ecosystem. These partnerships further expand customization options and create meaningful cross-community connections amongst various projects both within and outside of Solana. Kokopi Koalas also recently announced they will be dropping soccer inspired traits in preparation for this summer’s World Cup where NFT holders will be able to equip their Kokopi NFT with respective country Jerseys/Kits, stadium backgrounds and other soccer inspired traits. Additional details regarding the live trait design event, submission process, and mint will be shared through Kokopi Koalas’ official channels or you can sign up for notifications at: https://kokopikoalas.com/ About Kokopi Koalas Kokopi Koalas is a community-driven, customizable NFT ecosystem built on Solana. Through its Trait Store, holders can collect, equip, and combine traits to create unique and evolving digital collectibles. By combining community participation, digital ownership, and collectible culture, Kokopi Koalas is pioneering a new model for long-term engagement in NFTs. Website: kokopikoalas.com X: https://x.com/KokopiCanopy Discord: https://discord.gg/kokopikoalas Coin Address: ENcwYGVhRsEqKpH4SzRH4mcYSGc9Cb6s4WJGS9ojpump Users can view Kokopi Koalas’ official Media & Press Kit — featuring high-resolution assets, project visuals, and exclusive Q&As — at: kokopikoalas.com/media/ Contact https://x.com/BTN_KOKOP BTN Kokopi Koalas [email protected]
9 Jun 2026, 17:30
Solana Has Dropped To Historically Oversold Levels – It’s Worse Than FTX Levels

Solana (SOL) has officially entered deep oversold territory, a level analysts say is worse than the one the cryptocurrency reached during the FTX collapse . A decline in this area highlights just how bearish the market has become after months of volatility and steep price declines. Throughout last year, Solana experienced a massive rally that pushed its price firmly above $200. However, now the cryptocurrency has spent most of 2026 trading between lower levels around $60 and $95. Given the poor performance, a crypto analyst is questioning whether SOL may have finally hit a bottom . Solana RSI Hits Oversold Levels Beyond FTX Crash According to a detailed price chart shared by market expert Ash Crypto, Solana’s monthly Relative Strength Index (RSI) has dropped to 38.84, below the signal line sitting near 48.86. The analyst noted that this reading shows the altcoin has reached oversold levels even more extreme than those recorded when FTX collapsed into bankruptcy in 2022, and SOL fell to a low near $8. The fact that the RSI is now lower despite the price being significantly higher than the 2022 $8 bottom suggests that the momentum decline in this cycle has been unusually severe. From a technical standpoint, prolonged oversold readings on the monthly RSI can signal a potential price reversal , reflecting seller exhaustion. However, oversold conditions can persist for a long time, as a low RSI alone does not confirm that a cryptocurrency has reached its bottom. Given the uncertainty around Solana’s future price direction , Ash Crypto is questioning whether the struggling altcoin has finally found a price floor. If a bottom has been reached, it would imply that most traders who wanted out have likely exited the market, leaving only holders who are committed to Solana long-term. This kind of capitulation often sets the stage for a recovery , as there is very little selling pressure left to disrupt the market. Notably, after Solana dropped to the $8 bottom in 2022, the cryptocurrency eventually rallied to over $270 in 2025 , representing a massive 3,000% recovery. While a confirmed bottom in this cycle does not guarantee the same scale of gains, historically, assets that hit a price floor with RSI readings tend to produce significant rallies. What It Means If SOL Has Yet To Reach A Bottom On the flip side, Ash Crypto stated in his analysis that Solana’s price has fallen to a three-year low of $60 after plunging more than 80% from its 2025 all-time high. The analyst noted that cryptocurrency has posted eight consecutive red monthly candles for the first time in its history, highlighting the depth of its bearish trend. At the moment, there is no signal on SOL’s chart that definitively confirms a bottom or an imminent price reversal. This is because Solana remains firmly in bearish territory , which means its RSI can stay oversold longer than expected. If a price floor has not been reached, it suggests that SOL still has room for further downside, potentially pushing the cryptocurrency below its current level near $60.
9 Jun 2026, 17:30
Bitcoin’s Rise May Have Little To Do With The Latest Purchase News

Bitcoin’s latest upward move has sparked debate among market participants, and some believe the rally may have little to do with the purchase announcement that received the most attention. While the acquisition is generally viewed as constructive for the broader market, it is not necessarily the type of development that would justify a significant upward move in Bitcoin price. Why The Latest Purchase May Not Be Driving Bitcoin Rally The Bitcoin’s recent move higher is being misinterpreted as a direct reaction to purchase news, when in reality the drivers appear to be more technical in nature. Crypto analyst Aylo has explained on X that the BTC bounce is likely the result of an oversold market finding relief after sweeping key February lows. Related Reading: Bitcoin Supply In Loss Crosses Critical Threshold — Bullish Reversal Next? Another factor supporting the move higher is the easing of concerns surrounding Strategy and its Bitcoin holdings. The company’s recent sale of a relatively small 32 BTC sparked fears that it could become a larger seller in the future. Aylo suggests that while the current low may hold in the near term, it remains plausible that BTC could form a slightly lower low in June before a rally, particularly if the broader equity markets experience further weakness. Any deeper stock market shakeout could temporarily drag the price lower before a more sustained recovery begins. This level will be temporary before Bitcoin sees a low later in the year. Furthermore, the fear that Michael Saylor and Strategy may be forced to liquidate a significant portion of their BTC holdings is likely overstated. The company may need to sell limited amounts to meet specific obligations, but the narrative that a major liquidation event from their supply will be driven more by bearish sentiment. What The Recent Breakdown Could Mean For The Market Bitcoin’s recent price action appears to be following a market structure that has played out before during previous corrective phases. A crypto trader known as Max Trades pointed out that roughly a month ago, BTC was entering a distribution phase of this pattern, and the outlook has since played out with notable accuracy. Related Reading: Bitcoin’s Market Structure Reflects The Influence Of Major Investors In this bear market, BTC first formed an accumulation range, where price consolidated before breaking higher and sweeping out the liquidity above the previous highs. However, instead of continuing its upward trajectory, the asset price has transitioned into distribution. Since then, BTC has experienced a significant decline, falling more than 20% from its previous highs. According to Max Trades, what makes the current setup particularly noteworthy is the comparison to a previous distribution phase that ultimately resulted in substantially deeper downside after the initial breakdown. If the current structure continues to mirror that historical pattern, it could imply that the recent decline is not yet complete. Featured image from Pixabay, chart from Tradingview.com
9 Jun 2026, 17:26
Shiba Inu (SHIB) Investors Face Big Questions After 65% Yearly Collapse

Once a dominant force by market capitalization, the self-proclaimed Dogecoin killer has seen a steep decline in recent months and now stands as a mere shadow of its former glory. Multiple factors suggest the meme coin may suffer even greater losses in the near future, while a key technical indicator signals that a short-term recovery is also plausible. The Crash Has Yet to Begin? Currently, Shiba Inu (SHIB) is worth around $0.000004697 (per CoinGecko), representing a whopping 65% decline over the past year. To make matters worse, the coin has collapsed by nearly 95% since the all-time high reached at the end of 2021. For years, SHIB stood as the second-largest meme coin, trailing only Dogecoin (DOGE). But its market cap fell well below $3 billion, and it was overtaken by MemeCore (M), which surged toward a $4 billion valuation. The token’s poor performance comes alongside a declining trading volume, which has plummeted by 84% over the last 12 months, and an overall reduction in interest in meme coins. Such a low figure usually signals weak market participation and fading conviction among traders and investors: a factor that could hamper a potential revival for SHIB. The coin’s burn rate, which has fallen by 71% over the past week, is another cause for concern. The mechanism’s ultimate goal is to reduce the overall supply of Shiba Inu and increase its value through scarcity. Since the program launched, the team and community have scorched more than 40% of the supply, but with almost 590 trillion tokens still in circulation, the total remains quite high. SHIB Burn Rate, Source: Shibburn.com Next on the list is Shibarium’s stalled activity. Shiba Inu’s layer-2 scaling solution officially saw the light of day in the summer of 2023, designed to advance the project by improving speed, enhancing scalability, and reducing transaction fees. At first, the protocol facilitated millions of daily transactions, but an exploit last year changed things for the worse, and the figure has since drastically declined. Shibarium Transactions, Source: Shibariumscan.io The Bright Side Amid a landscape filled with worrying signals, Shiba Inu’s Relative Strength Index (RSI) stands out as one of the few indicators signaling that a short-term rebound is possible. The technical analysis tool’s ratio has dropped below 30, indicating that the meme coin’s price has fallen too much in a short period and could be due for a resurgence. The RSI ranges from 0 to 100, and readings above 70 suggest SHIB has entered overbought territory, which may be a precursor to an impending pullback. SHIB RSI, Source: CryptoWaves The post Shiba Inu (SHIB) Investors Face Big Questions After 65% Yearly Collapse appeared first on CryptoPotato .
9 Jun 2026, 17:24
266 billion tokens exit the exchanges in Shiba Inu! What are investors watching now?

🚨 266 billion SHIB exited exchanges in just 24 hours, catching investor attention. 💡 Demand for $SHIB surged even as its price dropped by 2.83% in the same period. 📊 Rising outflows may suggest investors are holding rather than selling. Continue Reading: 266 billion tokens exit the exchanges in Shiba Inu! What are investors watching now? The post 266 billion tokens exit the exchanges in Shiba Inu! What are investors watching now? appeared first on COINTURK NEWS .










































