On June 9, charts for SHIB, XRP, DOGE and Bitcoin pointed to oversold conditions after sharp breakdowns, but each asset remained below key moving averages. SHIB briefly slid toward $0.0000045, XRP moved toward $1.10 before trying to base at $1.15–$1.18, DOGE dipped to $0.085, and Bitcoin fell from over $80,000 to almost $60,000 then steadied around $62,000–$63,000.

A U.S. House Ways & Means Committee hearing on six crypto tax bills revealed sharp disagreements over how quickly Congress should rewrite digital-asset tax rules. Republicans argued for faster modernization, while Democrats warned the proposals are moving too quickly and could add market risks, leaving prospects for agreement uncertain ahead of midterm elections.

On-chain metrics show the RSI for Bitcoin’s Stablecoin Supply Ratio (SSR) has fallen to 13, indicating stablecoin supply is large relative to BTC’s market cap. The drop comes as Bitcoin trades near $62,700, down nearly 10% over the last seven days. Analysts say it remains unclear whether sidelined stablecoin capital will rotate into BTC at these lower prices.

Glassnode said Tuesday that XRP is showing signs of broad capitulation, with the 90-day MA Realized Profit-to-Loss Ratio falling to 0.38, its lowest level since 2024. The firm also noted shrinking network usage, with the 90-day average of total fees dropping from 5,900 XRP in February 2025 to 500 XRP. Analysts cited in the report added that XRP has slid nearly 15% over the past two weeks and is testing long-term technical levels that could shape a potential bottom.

Metaplanet CEO Simon Gerovich said the company is evaluating common-share buybacks as a way to improve "BTC Yield" for shareholders, especially when mNAV is below 1.0x. The firm's Capital Allocation Policy was adopted on Oct. 28, 2025, when mNAV was 1.35x, while mNAV was reported at 0.939x at press time. Metaplanet reported holding 40,177 BTC valued at $2.5 billion, with its shares trading at 243 JPY after a 2.53% daily gain.

MetaMask has introduced Agent Wallet, a self-custodial product that allows AI agents to execute DeFi trades while users retain control through required checks and policy limits. The wallet includes transaction simulation, threat scanning, MEV protection, and loss coverage of up to $10,000 for eligible transactions. It launches with support for nine chains and is currently available via a CLI for a limited early-access group, with broader availability expected this summer.

ADI Predictstreet, FIFA's official prediction-market partner for the 2026 World Cup, went live on June 8 and is now accessible to U.S. users in 23 states through a co-branded Fanatics Markets "World Cup Hub." The platform supports fiat and crypto funding and offers FIFA-branded prediction contracts as Gibraltar's licensing timeline and company links draw scrutiny ahead of the tournament's June 11 opener.

Matt Cole of Strive and former Binance CEO Changpeng Zhao (CZ) pushed back against claims that Bitcoin is "dead" on Monday, with BTC trading around $62,600 and still roughly 50% below its October 2025 high above $126,000. Strive said it added 32 BTC for about $2.1 million at an average of roughly $63,911 per coin, while a Bernstein note tied weaker crypto flows to capital rotating into AI.