News
8 Jun 2026, 17:05
BlackRock Transfers $227M in Bitcoin on Coinbase Prime

On June 8, BlackRock reportedly transferred around $227 million worth of Bitcoin (BTC) on Coinbase Prime, sparking a discussion in the community. On Monday, Bitcoin reclaimed its $64,000 mark despite major outflows in BTC ETFs and extreme fear in the crypto market. Amid bearish sentiment in the crypto market, Bitwise’s Hyperliquid ETF, BHYP, has recorded its first outflow on Friday. Amid the bearish sentiment in the overall crypto market, BlackRock has reportedly moved $227 million worth of Bitcoin (BTC) to Coinbase Prime, which is a leading brokerage platform. BlackRock Moves Fund Transfers After Major Outflows in ETFs On June 8, the on-chain data provided by Arkham revealed that BlackRock-linked addresses witnessed an outflow of 3,580 Bitcoins, which is worth around $226.8 million . These transactions have sparked a fear in the community as large amounts of BTC have entered. While Bitcoin (BTC) is already facing selling pressure, this transfer of BTC on the brokerage platform is raising questions about the intention of BlackRock behind this transaction. Coinbase Prime is the leading brokerage platform for many financial institutions, including BlackRock iShares Bitcoin Trust (IBIT), along with its Ethereum Trust. Coinbase Prime is known for various services on the platform. It includes secure custody of assets, help with creating and redeeming ETF shares, managing liquidity, executing trades, and others. For major financial institutions and ETF issuers, Coinbase Prime is known for handling money inflows and outflows while working on internal treasury operations. Bitcoin (BTC) Reclaims $64,000, But Fear Still Persists After the bloodbath in the crypto market, on Monday, Bitcoin (BTC) gave a sign of recovery as it reclaimed a mark of $64,000. At the time of writing this, Bitcoin (BTC) is trading at around $64,113 with a spike of 3.81% in the last 24 hours, according to CoinMarketCap . BTC currently holds a market capitalization of around $1.28 trillion. The daily trading volume has soared above $36.08 billion. However, the Fear and Greed Index is still showing that the crypto market is in an extreme state of fear. After witnessing the longest streak of 13-day outflows in BTC ETFs , BTC has experienced a major crash. In the last 30 days, BTC has dropped from $80,000 to as low as $60,000. However, there is bad news that outflows in spot BTC ETFs are still significant. According to Farside, on June 5, BTC ETFs recorded a major outflow of $325 million. Between May 14 and June 3, investors withdrew approximately $4.4 billion from spot Bitcoin exchange-traded funds. BlackRock iShares Bitcoin Trust (IBIT) has recorded the biggest outflows of around, which is around 75% of total outflows. The streak was broken on June 4, when it recorded a small inflow of $3.2 million. Bitwise’s Hyperliquid ETF (BHYP) Records First Outflow On Friday, Bitwise recorded its first-ever net sale of the HYPE token through the Bitwise Hyperliquid ETF (BHYP). According to SoSoValue , investors of the BHYP ETF have sold approximately $2.9 million worth of the token. This was the first time money flowed out of the fund after its launch on May 15. At the time of writing, the cumulative inflow was $87 million. The overall crypto market is currently struggling to gain upward momentum. The ongoing war between U.S-Iran , a higher inflation rate, and the global energy crisis are creating selling pressure in the crypto market.
8 Jun 2026, 17:02
XRP Staunch Supporter Says XRP Might Need to Reach $100s or Even $1000s. Here’s why

As discussions about XRP’s long-term future continue within the cryptocurrency community, one recurring question remains: how high does XRP’s price need to rise if it eventually becomes a major tool for global cross-border payments? XRP investor Daphne Coaling recently revisited this topic, sharing a conversation she has had repeatedly with a friend who strongly supports XRP and its potential role in international finance. In her post, Coaling outlined an argument frequently made by XRP advocates. According to her friend, if XRP achieves widespread adoption for global payments, the digital asset’s price could eventually need to reach hundreds or even thousands of dollars per token. The reasoning behind this view centers on liquidity rather than market capitalization. A friend of mine who is a staunch supporter of $XRP often tells me: If XRP is indeed widely adopted for global cross-border payments in the future, the price per XRP might need to reach hundreds or even thousands of dollars. His reasoning is: "Market cap doesn't matter,… pic.twitter.com/k741PhJGGT — Daphne Coaling (@DaphneCoslin) June 6, 2026 The Liquidity Argument Behind Higher XRP Prices Coaling explained that her friend believes market capitalization is not the key factor when evaluating XRP’s future value. Instead, he argues that liquidity efficiency is what matters most. According to the argument, a low-priced XRP would be less effective at facilitating the enormous volume of capital flows that could move through the network if Ripple’s payment solutions gained significant global adoption. In contrast, a higher XRP price would allow each token to settle larger amounts of value. Supporters of this view contend that this would make the network more efficient by requiring fewer XRP tokens to process large transactions. Coaling acknowledged that she has encountered this explanation many times over the years. However, she admitted that she has never fully understood the logic behind it and questioned whether economic realities actually supported the claim or if it has simply become a widely repeated narrative within the XRP community. Seeking Community Perspectives Rather than presenting a firm conclusion, Coaling used her post to seek opinions from other market participants. She asked whether XRP truly requires a very high unit price to support large-scale cross-border settlements or whether the concept has become an assumption repeated without sufficient scrutiny. Her questions reflected a broader discussion that has persisted among XRP supporters, critics, and analysts for years. The issue remains particularly relevant because Ripple has consistently positioned XRP as a bridge asset that could facilitate faster and more efficient international transactions. As a result, many investors attempt to estimate how potential adoption levels could influence the asset’s future valuation. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Adoption Seen as the Primary Driver Among those responding to Coaling’s post was X user R.A.G, who argued that XRP’s future price will ultimately be determined by adoption. According to R.A.G, widespread adoption would naturally require a significantly higher XRP valuation. He stated that once full adoption is achieved, the price would need to be “much, much higher.” He also emphasized that XRP should not be viewed solely as a cryptocurrency but as a component of a broader ecosystem that serves a necessary function within the network. While opinions remain divided on whether XRP must reach exceptionally high prices to facilitate global payment flows, Coaling’s post highlights an ongoing debate that continues to attract attention from investors seeking to understand how adoption, liquidity, and valuation may ultimately intersect in the future of digital payments. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Staunch Supporter Says XRP Might Need to Reach $100s or Even $1000s. Here’s why appeared first on Times Tabloid .
8 Jun 2026, 16:55
Ethereum’s reserve drain hits 475,000 ETH! What do the latest numbers mean for the price?

🚨 475,000 ETH exited major exchanges in just one week. 💡 Despite the massive outflow, $ETH price lags 31 percent below its 200 day average. 🧩 Quick bursts in stablecoin inflows hint at short term moves rather than lasting accumulation. Continue Reading: Ethereum’s reserve drain hits 475,000 ETH! What do the latest numbers mean for the price? The post Ethereum’s reserve drain hits 475,000 ETH! What do the latest numbers mean for the price? appeared first on COINTURK NEWS .
8 Jun 2026, 16:50
Zilliqa (ZIL) Price Outlook 2026–2030: Can the Network’s Technology Drive a Long-Term Recovery?

BitcoinWorld Zilliqa (ZIL) Price Outlook 2026–2030: Can the Network’s Technology Drive a Long-Term Recovery? Zilliqa (ZIL) has been a notable name in the blockchain space since its launch, primarily recognized for being one of the first platforms to implement sharding to solve scalability issues. As the cryptocurrency market cycles through periods of volatility and recovery, investors are closely watching ZIL’s price action and asking whether the project’s technological foundation can support a sustained long-term recovery. This article provides a factual analysis of Zilliqa’s fundamentals, its current market position, and the key factors that could influence its price trajectory from 2026 through 2030. Understanding Zilliqa’s Core Technology and Market Position Zilliqa’s primary innovation is its sharding technology, which allows the network to process transactions in parallel, significantly increasing throughput as the network grows. This technical capability positions ZIL within the competitive landscape of layer-1 blockchains that prioritize scalability. However, the project has faced challenges in maintaining developer momentum and user adoption compared to larger ecosystems like Ethereum, Solana, and Avalanche. As of early 2026, Zilliqa continues to operate its mainnet, with ongoing development efforts focused on enhancing its smart contract platform and expanding its decentralized application (dApp) ecosystem. The broader cryptocurrency market has shown signs of recovery following the downturn of 2022–2023, with institutional interest growing and regulatory clarity improving in several jurisdictions. For ZIL, this macro environment presents both opportunities and risks. The project’s ability to attract new developers, secure partnerships, and demonstrate real-world utility will be critical in determining whether its price can appreciate over the long term. Key Factors Influencing ZIL’s Price from 2026 to 2030 Several fundamental factors will shape Zilliqa’s price trajectory over the next several years. First, the network’s adoption rate among developers and users is paramount. While Zilliqa’s sharding technology is technically sound, it competes in a crowded market where network effects often dictate success. Second, the overall health of the cryptocurrency market, including Bitcoin’s dominance and regulatory developments, will significantly impact all altcoins, including ZIL. Third, Zilliqa’s ability to innovate and introduce new features, such as its planned integration with decentralized finance (DeFi) protocols and non-fungible token (NFT) marketplaces, will be essential for driving demand for the ZIL token. Market Sentiment and Speculative Cycles Cryptocurrency prices are heavily influenced by market sentiment and speculative cycles. ZIL has historically experienced sharp price increases during bull markets, followed by corrections during bear phases. Investors should be aware that short-term price predictions are inherently uncertain and that long-term value is more closely tied to the project’s actual utility and adoption. The next major Bitcoin halving, expected in 2028, could trigger a broader market rally, potentially benefiting ZIL if the project maintains relevance and liquidity. Conclusion Zilliqa’s long-term recovery potential depends on its ability to execute its technological roadmap and attract a sustainable user base. While the project’s sharding technology provides a strong foundation, it faces stiff competition from more established and newer blockchain platforms. For investors considering ZIL, a focus on the project’s development milestones, partnership announcements, and on-chain activity will provide more meaningful signals than short-term price fluctuations. The period from 2026 to 2030 will be a test of Zilliqa’s resilience and its capacity to evolve within a rapidly changing industry. FAQs Q1: What is Zilliqa’s main technological advantage? Zilliqa was one of the first blockchains to implement sharding, a technique that divides the network into smaller pieces (shards) to process transactions in parallel. This allows Zilliqa to achieve high throughput and scalability as the network grows. Q2: Is ZIL a good long-term investment? ZIL’s long-term value depends on the project’s ability to achieve real-world adoption and developer engagement. Like all cryptocurrencies, it carries significant risk and volatility. Investors should conduct their own research and consider the project’s fundamentals, market position, and competitive landscape before making any investment decisions. Q3: What are the main risks facing Zilliqa? The primary risks include intense competition from other layer-1 blockchains, slower-than-expected developer adoption, and broader market downturns that can affect all altcoins. Additionally, regulatory changes in key markets could impact ZIL’s trading and usage. This post Zilliqa (ZIL) Price Outlook 2026–2030: Can the Network’s Technology Drive a Long-Term Recovery? first appeared on BitcoinWorld .
8 Jun 2026, 16:45
FTX Co-Founder Bankman-Fried Requests Trump Pardon–FTT Soars 45%

Sam Bankman-Fried, the co-founder and former CEO of the collapsed cryptocurrency exchange FTX, moved forward with a new legal effort on Monday by filing a request for a presidential pardon from President Trump. Bankman-Fried’s Pardon Bid Bloomberg reported that Bankman-Fried submitted an application to the Office of the Pardon Attorney within the US Department of Justice (DOJ), seeking what the site describes as a “pardon after completion of sentence.” Later on Monday, during an exclusive conversation with FOX Business correspondent Susan Li, Bankman-Fried said he “absolutely” wants a presidential pardon. When Li asked whether he would expect to seek one from the White House, he agreed. “Absolutely,” he said, adding that the decision ultimately rests with the president rather than him. Asked if his family or people he has been in contact with are lobbying the administration on his behalf, the FTX co-founder declined to confirm, stating, “I can’t speak for them.” In March 2024, Bankman-Fried was sentenced to 25 years in prison after a jury found him guilty on two counts of wire fraud and five counts of conspiracy tied to the fall of his crypto empire. The court also concluded that FTX customers lost $8 billion, equity investors associated with FTX lost $1.7 billion, and lenders to the Alameda Research hedge fund—Bankman-Fried’s firm—lost $1.3 billion. FTX Token Rallies 45% Despite the conviction and long sentence, Bankman-Fried has continued to argue that the case against him was unfair. He told Li that he believes FTX customers have ultimately been repaid and pointed to improvements in bankruptcy outcomes that he said have been helped, at least in part, by a recovery in cryptocurrency markets. “I didn’t steal user funds either,” he said, adding that customers have been repaid, “now 170% or so on their deposits.” He described the situation as one of the few cases where the platform was reportedly over-collateralized—meaning customers were more than fully made whole—yet he said prosecutors still pursued criminal charges. Notably, the move sparked a major surge in the price of FTX’s native token, FTT. On Monday, it recorded a massive 45% rally, reaching around $0.33 by the time this piece was written. However, the token’s recovery still leaves it 99.5% below its all-time high of $84, which was reached at the peak of the exchange’s operations. Featured image created with OpenArt; chart from TradingView.com
8 Jun 2026, 16:44
AMD bets the UK can propel it into the trillion dollar club

Advanced Micro Devices, aka AMD, has announced building a cluster of AI supercomputers with a commitment of 2 billion investment in the United Kingdom. The plan will take shape in the course of the next five years as the American chipmaker hopes to reach a trillion dollar valuation. AMD (NASDAQ: AMD) made the announcement on Monday at London Tech Week. The company said the money would go toward several UK programs, including two supercomputers. The company has called one of them “Zenith”. It will be built at the University of Cambridge. The second one, called “Sunrise”, is being developed alongside the UK Atomic Energy Authority and will focus entirely on nuclear fusion research. Fusion is a form of energy generation that works by replicating the reactions found at the core of the sun. Scientists believe it could one day produce near-unlimited clean energy. Sunrise, once complete, will be the most powerful computer in the world, built specifically for fusion research. AMD chief executive Lisa Su said the company intended to “expand access to the compute infrastructure needed to advance sovereign AI” in Britain. Shares slide 11% before Monday bounce Even under Nvidia’s (NASDAQ: NVDA) shadow , AMD’s stock (NASDAQ: AMD) still managed to roughly double in value this year. The perseverance also shows in the recent action. Last Friday, shares fell nearly 11% in a single session. The reason wasn’t AMD itself but Broadcom’s (NASDAQ: AVGO) quarterly results as reported by Cryptopolitan previously. The results, while being solid, did not raise its long-term AI revenue forecast. Still, investors across the sector got spooked enough, resulting in a broad sell-off of chip stocks. However, AMD has already started recovering from the recent losses. Shares are up around 2% before the market opened, leading to a 4% gain. Nasdaq futures rose 0.67% and S&P 500 futures gained 0.26% in the same period. The Friday drop turned into a buying opportunity for some investors. As Jeff Kilburg, chief executive of KKM Financial, told CNBC that his firm had trimmed its AMD position ahead of the decline and was now watching for a moment to buy back in. He acknowledged that semiconductor stocks had become overheated but said the wider AI trend remained intact. AMD’s announcement in London came on the same day that Prime Minister Sir Keir Starmer confirmed the government would begin purchasing AI chips from British start-ups. Speaking at London Tech Week, Starmer said he planned to use “the power of public procurement” to back homegrown tech firms, with £400 million earmarked for AI chips to build what he called a “national capability.” His broader message was clear: he wants British tech companies to “start here, scale here and stay here.” Profits jump 95% as data centers drive growth Adding further, investors can’t ignore AMD’s own numbers . The company reported total revenue of $10.2 billion in the first quarter of this year, a 38% rise compared with the same period last year. Net profits jumped 95% over the same stretch. The business is split into three segments. The smallest, Embedded, brought in $873 million, up 6% year on year. The Client and Gaming division generated $3.6 billion, a 23% increase. But it is the data center arm that has become the real engine of AMD’s growth. That segment pulled in $5.8 billion during the quarter, a 57% rise year on year, and now makes up more than half of total company revenue. Because data center sales are growing much faster than the other two divisions, analysts expect it to take up an even larger share of AMD’s income going forward. If that happens, the company’s overall growth rate could accelerate beyond the 38% it posted in Q1. AMD has also been busy locking in major commercial relationships. Earlier this year, it struck a $60 billion deal to supply chips to Meta, with the social media company taking a stake in AMD as part of the arrangement. OpenAI signed a similar deal last year, one that could give it up to a 10% stake in the company. With a current market value of around $850 billion, AMD needs less than a 20% rise in its share price to cross the trillion-dollar threshold. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .














































