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June 5, 2026, 10:07 p.m.

Mostly Bitcoin — Daily Digest (Jun 5, 2026)

Mostly Bitcoin Mostly Bitcoin

Mostly Bitcoin — Daily Digest

Last 24 hours of mainstream crypto coverage

June 5, 2026


Bitcoin Falls to Lowest Price Since October 2024 — theamericanconservative.com

Bitcoin fell below $60,400 on Friday afternoon reaching its lowest price since October 2024, and down over 50 percent from its all-time high of $126,000 in October 2025. The cryptocurrency is down 5 percent on the day and 17 percent on the week. The most


Trump’s Gift to Drug Cartels, Money Launderers, and Terrorists — motherjones.com

A version of the below article first appeared in David Corn’s newsletter, Our Land. The newsletter comes out twice a week (most of the time) and provides behind-the-scenes stories and articles about politics, media, and culture. Subscribing costs just $5 a


Bitcoin Falls Below $60,000 for First Time Since 2024 Trump Win — bloomberg.com

Bitcoin fell below $60,000 for the first time since October 2024, extending its reversal from market darling after the reelection of US President Donald Trump to a casualty of a rapidly changing speculative landscape.


Why is crypto crashing? Bitcoin price keeps dropping as major BTC selloff continues this week — fastcompany.com

In a reversal of fortunes for investors, major cryptocurrencies have now seen their Trump-era gains completely wiped out. Cryptocurrencies have not had a good week.


Hong Kong taps banks, lawyers and crypto firms to help rewrite rules for tokenised bonds — scmp.com

Hong Kong’s de facto central bank has formed a group of industry experts to help remove legal and regulatory hurdles to tokenized bonds, as authorities seek to move beyond pilot projects and encourage wider adoption from private issuers. The Hong Kong


Debbie Downer — prospect.org

Not long ago, it seemed like 2026 might be an epic comeback year for the Florida Democratic Party. Barely two months into President Trump’s second term, they gained ten points on their 2024 numbers in two North Florida special elections. Then Miami voted


Crypto Slump Intensifies as Bitcoin Approaches Pre-Trump Low — bloomberg.com

Bitcoin fell as much as 5% on Friday as the original cryptocurrency faces an extended wave of selling pressure, approaching a low not seen since before US President Donald Trump won reelection.


Bitcoin Treasury Firms Shed $62 Billion in Deepening Crypto Rout — bloomberg.com

Bitcoin’s slide this week is adding fresh pressure to one of the most ambitious financial experiments to emerge from the recent crypto boom: publicly traded companies created to accumulate digital assets on behalf of investors.


Shapiro’s Billionaire Bonanza — spectator.org

Money may be the mother tongue of politics, and Gov. Josh Shapiro speaks it fluently, setting Pennsylvania fundraising records while out-raising his Republican challenger, State Treasurer Stacy Garrity, by a staggering margin of 10‑to‑one. While promoting


Kevin O'Leary says Utah AI data center project will shrink after lawmakers demand cuts — foxbusiness.com

"Shark Tank" investor Kevin O'Leary says he is prepared to shrink a sprawling artificial intelligence data center development in Utah after top state lawmakers pushed for major reductions and additional environmental safeguards, according to reports.


Key US House Committee Preparing Legislation to Forge Crypto Tax Structure — bloomberg.com

A House panel with jurisdiction over tax policy is readying legislation to address the taxation of cryptocurrencies for release as early as Friday, before a hearing early next week.


Benchmark Joins the Late-Stage Crowd — theinformation.com

For most of this decade, venture capital has morphed from a game of spotting the best young startups to making a more complex range of investments—from public stocks and cryptocurrencies to multibillion-dollar bets on older startups. General Catalyst even


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