Crypto News Today (June 10): BTC Crashes to $61K, The Trump Family Makes $2.3Bn from Crypto and Japan Introduces ‘Crypto Vouchers’

In today’s crypto news (June 10), Bitcoin ended a few days of positive price action by crashing nearly -3% overnight, to $61,000, before recovering to $61,500. However, traders are seemingly learning, as there wasn’t a huge liquidation event during the BTC drop, with just $400M in positions wiped out, though more than $300M of that was from long trades.

Of the other major caps, XRP and HYPE are two of the worst performers in the past 24 hours, down -5% and -11%, respectively. Daily trading volume is just $85Bn, down from over $200Bn two days ago, signaling that traders are sitting on their hands.

Bitcoin ETF flows continue to lean bearish, following Monday’s -$90M in outflows and another -$70M in outflows yesterday. The total net inflow across Bitcoin ETFs now sits at +$54.21Bn (680,870 BTC), with total net assets totaling $102.51Bn

The Fear & Greed Index has fallen back under 10, flashing 9/100 today, a level of ‘Extreme Fear’ that has historically signaled a good buying opportunity, but ongoing geopolitical tensions and a global rise in the cost of living could make that buy signal redundant.

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The Trump Family Has Reportedly Made Over $2.3Bn From Crypto

A Reuters investigation has discovered that the family of US President Donald Trump may have earned about $2.3Bn from crypto projects linked to its name while taking little financial risk of its own. Analysts compared those gains with the results of investors, who, according to Reuters estimates, collectively lost a similar amount.

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

According to the report, the Trump family’s costs of launching its largest crypto projects were minimal and may have totaled less than $1M. A substantial share of ownership stakes in some companies was reportedly obtained without direct cash investments.

The largest source of income was identified as sales of World Liberty Financial tokens. Reuters estimated that the project may have generated more than $1.4Bn for the Trump family. Another $616M, according to analysts, was linked to the TRUMP memecoin.

Reuters found Trump crypto ventures have generated at least $2.3 billion in profit for the family since Trump retook the presidency. Investor net losses totaled $2.3 billion at the end of April, according to the analysis https://t.co/bE2WsLgCeC @specialreports pic.twitter.com/qWuQcX4EfY

— Reuters (@Reuters) June 9, 2026

Japanese SBI Shinsei Bank Offers ‘Crypto Vouchers’ to Customers

Japan’s SBI Shinsei Bank is set to launch a new service that will allow customers to receive cryptocurrency vouchers based on their account balances. These vouchers can be exchanged for Bitcoin, Ethereum, or XRP.

According to reports from Nikkei, depositors will receive vouchers equal to 20% of the interest they accrue. These bonuses will be added to their regular interest payments in yen.

To utilize 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 for accessing cryptocurrencies. Customers will not need to purchase digital assets directly; instead, they can gain exposure to them through this bonus program.

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

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 sneak in as banks start to quietly turn crypto into everyday rewards. pic.twitter.com/Cg5HQD6QWP

— ALLINCRYPTO (@RealAllinCrypto) June 9, 2026

Biggest Gainers and Losers: Humanity Protocol Surges Following $32M Exploit Drama

In other crypto news today, Humanity Protocol (H) went from the 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 $32M hack.

Stargate Finance (STG) is another top performer today, up +55% in the past 24 hours, with trading volume surging to $74M. Binance Smart Chain (BSC) project Audiera (BEAT) is another standout today, up +50% with a daily trading volume of $77.8M.

Lab (LAB), another BSC token, continues to crash following its +110% run in the past week, falling below $10 with a -15% daily drop. Trading volume has also cooled off, dropping to $25M, down from $45M yesterday.

BSC is the dominant network for on-chain activity right now, with SIREN another project suffering today, down -40% in the past 24 hours, following a +60% run over the last two weeks.

(SOURCE: CoinGecko)

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