Connect with us

Crypto

Cryptocurrency Price Today: Bitcoin Dips Below $68,000, Injective Becomes Top Gainer

Published

on

Cryptocurrency Price Today: Bitcoin Dips Below ,000, Injective Becomes Top Gainer

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, remains on its downward path and dips below the $68,000 mark early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the reds across the board as the overall Market Fear & Greed Index stood at 60 (Greed) out of 100, as per CoinMarketCap data. The Injective (INJ) token emerged to be the biggest gainer, with a 24-hour jump of over 9 percent. Notcoin (NOT) became the biggest loser, with a 24-hour dip of over 14 percent. 

The global crypto market cap stood at $2.46 trillion at the time of writing, registering a 24-hour dip of 2.55 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $67,774.70, registering a 24-hour dip of 2.37 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 60.33 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,535.82, marking a 24-hour dip of 3.64 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 3.18 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour loss of 2.26 percent, as per CoinMarketCap data, currently priced at $0.1411. As per WazirX, Dogecoin price in India stood at Rs 12.71.

Advertisement

Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 1.63 percent. At the time of writing, it was trading at $78.18. LTC price in India stood at Rs 6,960.95.

Ripple (XRP) Price Today

XRP price stood at $0.4866, seeing a 24-hour loss of 1.90 percent. As per WazirX, Ripple price stood at Rs 43.49.

Solana (SOL) Price Today

Solana price stood at $153.92, marking a 24-hour dip of 3.04 percent. As per WazirX, SOL price in India stood at Rs 13,690. 

Top Crypto Gainers Today (June 11)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Injective (INJ)

Advertisement

Price: $29.54
24-hour gain: 9.54 percent

Gnosis (GNO)

Price: $349.16
24-hour gain: 8.85 percent

Akash Network (AKT)

Price: $4.41
24-hour gain: 5.50 percent

Advertisement

Oasis (ROSE)

Price: $0.118
24-hour gain: 2.74 percent

Flare (FLR)

Price: $0.02774
24-hour gain: 2.10 percent

Top Crypto Losers Today (June 11)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Advertisement

Notcoin (NOT)

Price: $0.05199
24-hour loss: 14.05 percent

Wormhole (W)

Price: $0.5522
24-hour loss: 13.09 percent

Mantra (OM)

Price: $0.9984
24-hour loss: 8.01 percent

Advertisement

JasmyCoin (JASMY)

Price: $0.03573
24-hour loss: 6.90 percent

Ethena (ENA)

Price: $0.7412
24-hour loss: 6.83 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is currently consolidating around the $68,000 level following recent liquidations. Investors and traders are closely watching the Federal Reserve’s upcoming press conference and the release of CPI data, both scheduled for tomorrow. Bears are attempting to push the price below $68,000, but bulls may also engage in strong buying at this level. The next support level for BTC is at $67,400, while resistance is at $68,600.”

Advertisement

Parth Chaturvedi, Head of Investments, CoinSwitch Ventures, said, “BTC failed to breach the all time highs, and fell by 2%. This shows that the market sentiment in the near short term. An analysis however from 2011 prices till now shows that BTC has in fact given a 104% CAGR beating both the US Stock Market and Warren Buffett’s portfolio in returns. The broader altcoin market is displaying a downward trend. The recently launched memecoin NOT suffered the most with it being 14% down as people booked profits out of the TON’s top memecoin. Another famous memecoin, PEPE was down 9% as well with 24 hr overall crypto market liquidations reaching more than 150 million dollars as per the data from coinglass.”

Rajagopal Menon, Vice President, WazirX, said, “Bitcoin (BTC) is facing intense pressure, dragging altcoins to new lows. Currently priced at $68,197, BTC has dropped 2.21% in the last 24 hours. The struggle to surpass all-time highs is linked to a slowdown in stablecoin minting post-halving. However, a head-and-shoulders formation in BTC could soon break the resistance line, potentially pushing its price toward $83,000 in the near term.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “The end of the US-Saudi petrodollar agreement on June 9, 2024 marks a significant shift in global financial dynamics that Bitcoin may benefit from. As Saudi Arabia explores alternatives such as the Chinese RMB, euros and digital currencies, the move could reduce reliance on the US dollar and boost inflation. Bitcoin, with its fixed supply and decentralized nature, may become the preferred hedge against inflation. As traditional fiat currencies devalue, Bitcoin’s attractiveness as an investment could increase, leading to long-term appreciation. Trading at $69,600 with resistance at $70,100, Bitcoin futures look bullish if it stays above the $69,100 pivot point.”

Shivam Thakral, CEO of BuyUcoin, said, “The Bitcoin-led investment activity added over $1.97 billion in inflows while Ethereum witnessed its best performance since March by adding almost $70 million in inflows as per the data from Coinshares. The recent dip in prices has sparked buying activity mainly from institutional investors as digital asset prepares for their next bull run. The regulatory developments and positive macroeconomic factors may lead to greater momentum in the second half of 2024.” 

CoinDCX Research Team told ABP Live, “In the last 24 hours, the crypto market continued to slide down. BTC touched $68,000 while ETH dipped below $3,600. Altcoins also saw significant drops. This week will be important and highly volatile for the crypto market due to the upcoming FOMC meetings and U.S. CPI and PPI announcements. Technically, the trend is bearish in the lower time frame, but in the higher time frame, it remains bullish.”

Advertisement

Subscribe And Follow ABP Live On Telegram: t.me/officialabplive

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.

Crypto

Stablecoin Settlement Is Here, but Seamless Off-Chain Money Movement Is Not | PYMNTS.com

Published

on

Stablecoin Settlement Is Here, but Seamless Off-Chain Money Movement Is Not | PYMNTS.com

The stablecoin industry has spent years trying to prove one thing above all else: that blockchain-based money can move faster, cheaper and more efficiently than the financial infrastructure it hopes to replace.

This week, the industry produced another wave of evidence that the technology itself is working as advertised.

Project Agora, the Bank for International Settlements (BIS) initiative involving seven central banks and more than 40 private-sector financial institutions, successfully tested blockchain-based cross-border settlement flows. SoFi became the first national bank to issue a stablecoin on a public blockchain. Circle expanded its payout infrastructure through a partnership with Nium, while Mastercard secured a New York cryptocurrency license that broadens its stablecoin-related capabilities, and Cash App rolled out support for stablecoin payments.

But the digital dollar industry is now approaching a more difficult phase of development where success will be measured not by how quickly stablecoins move between wallets but by whether businesses and consumers can use those assets in the real economy without introducing new friction, cost or complexity.

The first challenge was proving that value can move on chain. The next challenge is figuring out how that value becomes economically useful once it moves off chain.

Advertisement

See also: Stablecoins Target B2B Settlement as Marketplaces Scale 

Advertisement: Scroll to Continue

Interoperability Is More Important Than Issuance

The stablecoin market spent years focused on issuance scale. Tether and Circle competed for circulation dominance. New entrants launched chain-specific coins designed to drive ecosystem growth. But fragmentation is now becoming a structural challenge.

Stablecoins exist across multiple public blockchains, private ledgers, Layer 2 networks and emerging tokenized deposit systems. Financial institutions are simultaneously experimenting with permissioned blockchain environments while FinTechs continue building on open public chains.

But a payment system only becomes economically powerful when participants can transact across networks without introducing new operational complexity. If businesses must manage liquidity across multiple chains, maintain separate compliance processes or navigate inconsistent standards, the efficiency gains of blockchain settlement begin to erode. The future payments ecosystem is unlikely to converge around a single blockchain or a single stablecoin issuer. More likely, it will consist of multiple interoperable systems that require governance standards, messaging frameworks, compliance coordination and liquidity routing mechanisms.

Advertisement

“I think we go to a world built on digital network transfers of value rather than the message-based system we have today. The future of digital networks is going to be a multi-network world,” J. Christopher Giancarlo, former Commodity Futures Trading Commission (CFTC) chair and co-founder of the Digital Dollar Project, told PYMNTS on the latest episode of “From the Block.”

Project Agora’s significance lies partly in its recognition of this issue. The initiative explores how central bank money and commercial bank tokenization models can interact within shared programmable infrastructures rather than isolated silos.

See more: Fed Report Shows Crypto Still Has an Everyday Use Problem

Off-Ramps Are Becoming Stablecoins’ Biggest Adoption Bottleneck

The stablecoin ecosystem increasingly resembles a high-speed highway system that feeds into underdeveloped local roads. On-chain transfers may settle instantly, but businesses and consumers still operate inside local banking systems, regulatory frameworks, tax regimes, treasury processes and compliance structures that were not designed for tokenized money.

The result is that the “last mile” of stablecoin adoption often introduces many of the same frictions blockchain was supposed to eliminate. Findings in the March PYMNTS Intelligence report “Stablecoins Gain Ground: Why CFOs See More Promise There Than in Crypto” revealed that while 42% of middle-market companies have at least discussed stablecoins, only 13% have reported actual stablecoin use.

Advertisement

This is why partnerships like Circle’s integration with Nium matter as much as the blockchain itself. The competitive battleground is shifting away from token issuance and toward payout orchestration, banking connectivity, liquidity management and compliance automation.

SoFi’s entrance into public-blockchain stablecoins also illustrates that convergence. Traditional financial institutions are no longer merely partnering with crypto-native firms; they are directly participating in issuance and infrastructure development. Mastercard’s expanding regulatory footprint signals a similar shift.

The stablecoin networks that achieve mainstream scale are likely to be the ones that balance openness with institutional trust. Too much decentralization can create compliance uncertainty. Too much centralization can undermine the efficiency and programmability advantages that made blockchain attractive in the first place. 

Because the value proposition is not “crypto.” It is operational efficiency.

Advertisement
Continue Reading

Crypto

Certik Unveils ‘Anti-Virus for AI Agents’ as Skill Marketplaces Face Hidden Threats

Published

on

Certik Unveils ‘Anti-Virus for AI Agents’ as Skill Marketplaces Face Hidden Threats

Key Takeaways

The Security Challenge

Blockchain and AI security firm Certik, on May 27, unveiled a new security platform designed to evaluate risks in third-party artificial intelligence (AI) skills. Dubbed the “anti-virus for AI agents,” the release comes amid growing industry concern over the security of AI skill marketplaces.

Security researchers have warned that many of these skills are unvetted, can execute system-level actions and may contain hidden malicious behavior, creating a new software supply chain risk for the AI era. Security audits across the sector have identified risks ranging from credential harvesting and data exfiltration to fund-transfer manipulation and prompt-based override attacks.

Despite these concerns, AI skill marketplaces have expanded rapidly as agent ecosystems mature. However, unlike traditional app stores, most skills are sourced from public repositories with little or no review. Analysts say this creates opportunities for attackers to embed harmful instructions, trigger unauthorized data access or manipulate autonomous execution flows.

In a recent blog post, Certik said its skill scanner platform is designed specifically to evaluate risks that emerge during execution, including scenarios involving financial transactions or fund calls. The scanner produces a numerical score from 0 to 100, along with “pass,” “warn” or “fail” verdicts and categorized findings. According to the company, the system achieves up to 90.5% precision in identifying security risks.

“As AI agents become more deeply integrated into financial systems, enterprise workflows and everyday digital interactions, the security model around third-party skills becomes critically important,” said Ronghui Gu, Certik’s CEO and co-founder. “CertiK Skill Scanner was built to establish a standardized trust layer before execution, helping users and platforms identify hidden risks before sensitive data, assets or systems are exposed.”

Certik said AI skill marketplaces can integrate the scanner directly into publishing pipelines, automatically reviewing skills before they go live and displaying security verdicts to users. Enterprises can deploy the tool as part of internal compliance and risk-management workflows, while independent developers can use it to self-audit skills before publishing.

Advertisement

The company said future updates will allow everyday users to scan skills themselves before installation. The scanner has already been deployed in select Web3 AI agent infrastructure environments. Certik is also expanding integrations with additional platforms, including Finchip.ai.

“Trust is the prerequisite for any skill economy to function at scale,” said Gary Yang, incubation investor at Finchip.ai. “CertiK’s work on skill security verification is exactly what this ecosystem needs. It’s what makes Finchip’s mission of programmable skill ownership and distribution worth building.”

The launch follows Certik’s expansion into AI-focused security infrastructure. Earlier this year, the company introduced its AI Auditor initiative to address risks tied to autonomous systems and AI-driven execution environments.

“AI applications are moving toward increasingly autonomous execution, which creates a new category of security and trust challenges,” Gu said. “We believe security infrastructure for the AI era must function proactively, not reactively.”

Advertisement
Continue Reading

Crypto

FBI Seizes Over $8 Billion In Cryptocurrency As Part Of The Largest Forfeiture In US Government History

Published

on

FBI Seizes Over  Billion In Cryptocurrency As Part Of The Largest Forfeiture In US Government History
iStockphoto composite

The FBI seized over $8 billion in cryptocurrency, freed nearly 2,000 trafficked workers, and arrested nearly 300 people in a recent international operation.

As part of the operation, authorities shut down several “scam compounds” and crime organizations, including groups known as the Prince Group in Cambodia, Operation Sand Dollar in Dubai, and the Democratic Karen Benevolent Army in Myanmar.

“Scam compounds are modern-day criminal enterprises built to steal from Americans, launder money, and exploit trafficked workers,” FBI director Kash Patel wrote on X announcing the results of the operation.

Fox News reports that the U.S. The Democratic Karen Benevolent Army, an armed militia named after a region in Myanmar that is allegedly connected to the Chinese mob, faces sanctions imposed by the U.S. Treasury. The government has classified it as a transnational criminal organization.

Images from an operation in Thailand reveal that the FBI confiscated office supplies and thousands of smartphones.

Advertisement
seized-devices-from-an-FBI-anti-scam-operation-in-Thailand
FBI

The FBI in Dubai will extradite six of the 275 individuals they and local police detained there to the United States to face federal charges, according to the FBI. The authorities raided nine “scam compounds” in Dubai, each allegedly generating $6 million in fraud proceeds annually.

Cryptocurrency scams in the US reached a record high in 2025

In April, an FBI report revealed that cryptocurrency scams in the U.S. reached a record high in 2025, with reported losses of almost $11.4 billion. According to the FBI, cyber-enabled crimes defrauded Americans of almost $21 billion in 2025, with the costliest complaints involving cryptocurrency and artificial intelligence (AI).

“The FBI’s 2025 Internet Crime Complaint Report highlights the ever-evolving tactics of internet scammers,” the FBI’s Baltimore office wrote on X. “From fake social media profiles to voice cloning and AI-generated content, cyber criminals are evolving.”

The Internet Crime Complaint Center (IC3) received over one million complaints in 2025, up from 859,532 in 2024. The most common complaints were about investment schemes, extortion, and phishing/spoofing.

Advertisement
Continue Reading
Advertisement

Trending