Bitcoin traders are watching a tense derivatives setup after on-chain analyst Maartunn pointed to a drop in BTC price while open interest moved higher. Summary Bitcoin’s price fell while open interest climbed, showing traders added leverage during market weakness. Rising open interest during a selloff can raise liquidation risk if price moves sharply. Crypto.news reported

David Schwartz, Ripple’s CTO emeritus, says XRP Ledger utility is moving beyond its early role in payments as enterprises test wider blockchain-based finance. Summary David Schwartz says XRP Ledger use is expanding from payments into tokenized real-world financial assets. RLUSD’s multichain rollout gives XRPL developers more liquidity for tokenization, payments, and DeFi products. XRPL activity

Coinbase CEO Brian Armstrong has turned the U.S. crypto policy fight into a national competitiveness argument by saying rivalry with China could strengthen America. Summary Brian Armstrong said U.S.-China competition could strengthen America and push Washington to improve crypto policy. The Coinbase CEO warned that strict crypto and stablecoin rules could benefit China’s CBDC and

Bitcoin has fallen nearly 25% over the past month, yet Coinbase CEO Brian Armstrong has argued that key parts of the crypto industry continue to grow despite the downturn. Summary Brian Armstrong says Bitcoin’s decline does not reflect the performance of the entire crypto industry. Coinbase CEO points to growth in stablecoins, derivatives, and prediction

Arthur Hayes has closed his entire Worldcoin position after turning cautious on WLD and other high-beta altcoins within days of publicly defending the trade. Summary Arthur Hayes sold his entire WLD position on June 6 after recently backing the AI-linked token. Hayes had earlier exited HYPE, NEAR, and ZEC within two days. Stacy Muur said