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1. Bitcoin Slides Toward $58,000 As ETF Outflows And Options Expiry Add Pressure

   Bitcoin and the wider crypto market faced a heavy risk-off session as ETF redemptions, leverage liquidations and a large Deribit options expiry converged.

2. Tether Briefly Overtakes Ethereum As Stablecoin Market Cap Tops ETH During Sell-Off

   Tether briefly moved above Ethereum by market capitalization during a sharp ETH drawdown, marking a symbolic risk-off moment for crypto traders.

3. XRP Tests $1 Support As Long Liquidations Surge Inside Multi-Month Wedge

   XRP came under renewed pressure as traders watched the $1 level, a multi-month falling wedge and a wave of long liquidations.

4. Ripple CTO David Schwartz Clarifies XRP And Bitcoin Origins In Timeline Debate

   Ripple CTO Emeritus David Schwartz pushed back on claims that XRP predates Bitcoin, separating RipplePay’s 2004 concept from the 2012 XRP Ledger.

5. Bitcoin Slips Below $59,000 Following May PCE Inflation Report

   Bitcoin slipped below $59,000 after May PCE inflation came in at 4.1% year-over-year, with market data pointing to liquidations and ETF-flow pressure.

6. Bitcoin 25-Delta Put-Call Skew Widens Amid Market Consolidation

   Bitcoin options skew points to defensive trader positioning as put demand rises and the market consolidates around fragile support levels.

7. Deribit Settles $10 Billion June Quarterly Options Expiry

   Deribit’s June quarterly options expiry settled with roughly $10.63 billion in notional BTC and ETH contracts, putting max pain and positioning in focus.

8. Oman Launches Mandatory National Bitcoin Mining Pool In State-Backed Push

   Oman has launched Omanhash.om, a mandatory national Bitcoin mining pool for licensed miners, with Enegix Global providing technology infrastructure.

9. BitGo Implements 15% Workforce Reduction In Shift To AI Infrastructure

   BitGo reportedly reduced its workforce by about 15% as the digital asset custodian shifts focus toward stablecoins, settlement and AI infrastructure.

10. CoinShares Survey: 52% Of UK Advisers Face Major Crypto Visibility Gap

    CoinShares says 52% of UK advisers report a major gap in visibility over client crypto exposure, highlighting a risk-management issue for wealth firms.