hodler

4 Jun 2026, 11:44

Coinbase Debuts SpaceX Pre-IPO Perps as JPMorgan Warns Clarity Act Window Narrows

Crypto News Coinbase has unveiled a perpetual futures market for pre-IPO companies, opening the first contract on Elon Musk's aerospace firm SpaceX. The product settles in USDC, trades around the c...

4 Jun 2026, 11:35

Upbit to Temporarily Halt MANTRA Deposits and Withdrawals for Network Upgrade

BitcoinWorld Upbit to Temporarily Halt MANTRA Deposits and Withdrawals for Network Upgrade Upbit, one of the largest cryptocurrency exchanges by trading volume, has announced a temporary suspension of deposits and withdrawals for MANTRA (MANTRA) beginning at 12:00 a.m. UTC on June 9. The move is part of a scheduled network upgrade designed to improve the blockchain’s performance and functionality. Suspension Details and Timeline The suspension will take effect at midnight UTC on June 9, affecting all MANTRA deposit and withdrawal services on the platform. Upbit has not yet specified an exact end time for the halt, stating that services will resume once the network upgrade is completed and stability is confirmed. Users are advised to monitor Upbit’s official announcements for further updates. Why This Matters for MANTRA Holders Network upgrades are routine but critical events for blockchain projects. They often introduce new features, security enhancements, or protocol changes that require temporary pauses in transaction processing. For MANTRA holders and traders on Upbit, this suspension means they will be unable to move tokens in or out of the exchange during the upgrade window. Those planning to trade or transfer MANTRA should make arrangements before the cutoff time. Impact on Trading Activity While deposits and withdrawals are suspended, spot trading pairs involving MANTRA on Upbit are expected to remain active unless otherwise stated. However, traders should be aware that price volatility can increase around network upgrades due to reduced liquidity and uncertainty. It is advisable to review positions and set appropriate risk management strategies ahead of the suspension. Background on MANTRA MANTRA is a blockchain platform focused on real-world asset tokenization and decentralized finance (DeFi) applications. The project has been actively developing its network infrastructure to support broader adoption. This upgrade aligns with its roadmap to enhance scalability and user experience. Upbit, headquartered in South Korea, is a major gateway for Asian crypto investors and often lists tokens that see significant retail interest. Conclusion The temporary suspension of MANTRA deposits and withdrawals on Upbit is a standard operational measure to support a network upgrade. While it may cause short-term inconvenience for some users, such upgrades are essential for long-term network health and capability. Traders and holders should plan accordingly and stay tuned for resumption announcements from both Upbit and the MANTRA team. FAQs Q1: When exactly does the MANTRA suspension start on Upbit? The suspension begins at 12:00 a.m. UTC on June 9. Deposits and withdrawals will be halted from that time until the network upgrade is complete. Q2: Will MANTRA trading still be available during the suspension? Spot trading pairs involving MANTRA are expected to remain active unless Upbit announces otherwise. However, users cannot deposit or withdraw MANTRA during the halt. Q3: How will I know when deposits and withdrawals resume? Upbit will issue a separate announcement once the network upgrade is completed and the system is deemed stable. Users should monitor Upbit’s official notice board for updates. This post Upbit to Temporarily Halt MANTRA Deposits and Withdrawals for Network Upgrade first appeared on BitcoinWorld .

4 Jun 2026, 11:30

Apple, Meta, SpaceX and Coinbase Join DOJ Operation, Shutting Down 1.4 Million Scam Accounts

The U.S. Justice Department said a joint public-private operation disrupted more than 1.4 million accounts linked to Southeast Asian scam networks. The effort also helped freeze more than $3.8 million in cryptocurrency tied to funds stolen from Americans. DOJ Targets Southeast Asia Scam Networks, Freezing $3.8M in Stolen Crypto The U.S. Justice Department said it

4 Jun 2026, 11:13

Coinbase Launches Pre-IPO Perps, Starting with Elon Musk's SpaceX

Elon Musk's aerospace company SpaceX is set to IPO, with current estimations making him the world's first trillionaire on its completion.

4 Jun 2026, 11:11

Bitcoin Plunges to $61K as $3B Liquidated, Coinbase Lists SpaceX Pre-IPO Perps

Crypto News The crypto market absorbed one of its sharpest two-day washouts in months, with Bitcoin sliding to $61,300 before stabilizing near $62,500 and triggering roughly $3 billion in liquidati...

4 Jun 2026, 10:57

Pi Network’s PI Hits Rock Bottom: Quick Rebound or Another Collapse Next?

The state of the entire cryptocurrency market has been in shambles in the past several days, but some assets have taken this correction harder than others. Pi Network’s PI token is among the poorest performers, as it dumped to a fresh all-time low of under $0.12 on some exchanges. The question is: what’s next? PI Tanks to New ATL PI’s previous all-time low came shortly after the early February market crash when BTC bottomed (for now) at $60,000. PI tanked to $0.1312 (CoinGecko data) but managed to rebound significantly in the following month. In fact, it soared to roughly $0.30 by March 13 (known as PiDay 2026) after a Kraken listing announcement. The subsequent correction, though, has been even more profound and painful . PI quickly erased the mid-March gains and plunged below $0.20. It kept heading south and lost the $0.15 support earlier this week. It almost felt inevitable given the overall market state, and PI dumped beneath the February lows earlier today. The chart below shows a quick wick to under $0.12, while CoinGecko shows that the new all-time low was at $0.1263. Despite the discrepancy, the reality is that PI marked a fresh low today as its market cap plummeted to under $1.260 billion. It’s now down to the 58th spot on this metric, a long way from the near top-10 place it held shortly after its launch last February. Pi Network (PI) Price on CoinGecko What’s Next? Many crypto commentators weighed in on the broader market’s crash and PI’s collapse. CryptoCoinPi, for instance, noted that this significant decline is a reason to panic for some people. However, they believe PI’s price is just a small portion of Pi Network’s overall ecosystem, and what matters now is whether it could “thrive” under these conditions. Zerosignal added that this crash could provide a solid opportunity to buy-the-dip and prepare for the next bull run that could drive PI north again. On the other hand, PiHotNews said the path toward the $0.10 mark is now open to become PI’s new low. Nevertheless, they explained that they still have “absolute faith” in Pi Network despite the price crash. The post Pi Network’s PI Hits Rock Bottom: Quick Rebound or Another Collapse Next? appeared first on CryptoPotato .