BitMine and Strategy Sit on a Combined $16.5B in Crypto Treasury Losses

Strong Jobs Report Beats Forecasts as Crypto Slides Into Extreme Fear

A US jobs report that roughly doubled expectations pushed stocks and crypto lower on June 5, 2026. BTC fell to $61,154 and ETH to $1,631 as fear hit 16. Read the full article: https://www.spendnode.io/blog/jobs-report-beats-forecasts-crypto-extends-slide-june-2026/

Strategic Bitcoin Reserve Bill Text Goes Public With a 20-Year Lockup

The full text of the American Reserve Modernization Act is now online. It drops the 1M BTC buy mandate, funds the reserve from seizures, and locks coins for 20 years. Read the full article: https://www.spendnode.io/blog/strategic-bitcoin-reserve-arma-bill-text-20-year-lockup-june-2026/

UK Regulator Flags Hyperliquid as US Clears Crypto Perps

The UK FCA added Hyperliquid to its unauthorized-firms warning list days before the US CFTC let Kalshi offer Bitcoin perpetual futures, splitting regulators. Read the full article: https://www.spendnode.io/blog/hyperliquid-fca-warning-perps-regulation-june-2026/

Trump-Linked USD1 Earns Big as Binance Holds 87% of the Stablecoin

Bloomberg reports the Trump family crypto venture is booking heavy stablecoin profits, helped by a Binance promo deal. USD1 reserves and concentration explained. Read the full article: https://www.spendnode.io/blog/trump-world-liberty-usd1-binance-profits-june-2026/

Big US Banks Plan a Tokenized Deposit Network to Counter Stablecoins

JPMorgan, Bank of America, Citigroup and Wells Fargo are building a joint tokenized deposit network through The Clearing House, targeting a 2027 launch. Read the full article: https://www.spendnode.io/blog/big-banks-tokenized-deposit-network-clearing-house-june-2026/