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Home»Analysis»Crypto News Today (June 10): BTC Crashes to $61,000, Trump Family Makes $2.3 Billion From Crypto, and Japan Introduces ‘Cryptocurrency Vouchers’
Analysis

Crypto News Today (June 10): BTC Crashes to $61,000, Trump Family Makes $2.3 Billion From Crypto, and Japan Introduces ‘Cryptocurrency Vouchers’

June 10, 2026No Comments
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In today’s crypto news (June 10), Bitcoin ended a few days of positive price action by crashing almost 3% overnight, to $61,000, before rallying back to $61,500. However, traders appear to be learning, as there was no major liquidation event during the BTC decline, with only $400 million in positions wiped out, although over $300 million came from long trades.

Among other large caps, XRP and HYPE are two of the worst performers over the past 24 hours, down -5% and -11% respectively. Daily trading volume is just $85 billion, down from more than $200 billion two days ago, indicating traders aren’t moving.

Bitcoin ETF flows continue to be bearish, following Monday’s -$90 million outflows and another -$70 million yesterday. Total net inflow into Bitcoin ETFs now stands at +$54.21 billion (680,870 BTC), with total net assets standing at $102.51 billion.

The Fear and Greed Index has fallen back below 10, reaching 9/100 today, an “extreme fear” level that has historically signaled a good buying opportunity, but current geopolitical tensions and the global rise in the cost of living could make this buying signal redundant.

Market capitalization





Trump Family Reportedly Earned Over $2.3 Billion From Crypto

A Reuters investigation has found that US President Donald Trump’s family could have made around $2.3 billion from crypto projects linked to his name while taking little financial risk. Analysts compared those gains with the results of investors, who Reuters estimates collectively lost a similar amount.

As part of its investigation, Reuters reviewed company filings, blockchain data and company statements related to the Trump family’s crypto initiatives. These included World Liberty Financial, memecoin TRUMP, and companies ALT5 Sigma and American Bitcoin.

According to the report, the costs incurred by the Trump family to launch its largest crypto projects were minimal and may have totaled less than $1 million. A substantial part of the stakes in some companies would have been obtained without direct cash investments.

The largest source of revenue was identified as the sale of World Liberty Financial tokens. Reuters estimates that the project could have generated more than $1.4 billion for the Trump family. Another $616 million was tied to TRUMP’s memecoin, according to analysts.

Reuters found that Trump’s crypto businesses have generated at least $2.3 billion in profits for the family since Trump took over the presidency. Net investor losses totaled $2.3 billion at the end of April, according to @specialreports analysis pic.twitter.com/qWuQcX4EfY

– Reuters (@Reuters) June 9, 2026

Japanese bank SBI Shinsei offers ‘cryptocurrency vouchers’ to its customers

Japanese bank SBI Shinsei is set to launch a new service that will allow customers to receive cryptocurrency vouchers based on their account balance. These vouchers can be exchanged for Bitcoin, Ethereum or XRP.

According to information from Nikkei, depositors will receive vouchers equivalent to 20% of the accrued interest. These bonuses will be added to their regular yen interest payments.

To redeem the vouchers, customers will need to open an account on SBI VC Trade, the cryptocurrency platform operated by the SBI Group. This initiative effectively transforms a traditional savings product into a gateway to cryptocurrencies. Customers will not need to purchase digital assets directly; instead, they can be exposed to it through this bonus program.

Before the full launch, SBI Shinsei would conduct a three-month campaign starting Wednesday. This campaign will apply to both ordinary deposits and term deposits, with durations ranging from three months to five years.

🚨A HUGE ¥2.7T JAPANESE BANK REWARDING DEPOSITORS WITH $BTC $ETH & $XRP!

SBI Shinsei customers could receive crypto rewards worth 20% of their interest payments.

This is how adoption will happen by stealth as banks quietly start turning crypto into daily rewards. pic.twitter.com/Cg5HQD6QWP

– ALLINCRYPTO (@RealAllinCrypto) June 9, 2026

Biggest winners and losers: Humanitarian protocol surges after $32 million exploitation drama

In other crypto news today, Humanity Protocol (H) went from biggest loser, down -90% yesterday, to one of today’s top performers, up +34%, as it continues to try to recover from the very public $32 million hack.

Stargate Finance (STG) is another strong performer today, up +55% in the last 24 hours, with trading volume reaching $74 million. Binance Smart Chain (BSC) Project Audiera (BEAT) is also a standout today, up +50% with a daily trading volume of $77.8 million.

Lab (LAB), another BSC token, continues to slump after its +110% run last week, falling below $10 with a -15% daily decline. Trading volume also slowed, falling to $25 million from $45 million yesterday.

BSC is currently the dominant network for on-chain activity, with another SIREN project suffering today, down -40% in the last 24 hours, after running +60% in the last two weeks.

In today's crypto news, Bitcoin is closing in on $60,000, the Trump family reportedly made over $2 billion from crypto, and Japan is exploring crypto.

(SOURCE: CoinGecko)

There are no live updates available yet. Please come back soon!

 

The article Crypto News Today (June 10): BTC Crashes to $61,000, Trump Family Makes $2.3 Billion From Crypto, and Japan Introduces ‘Cryptocurrency Vouchers’ appeared first on 99Bitcoins.





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