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cryptoJun 7, 2026, 3:40 PM

Bitcoin Bounces from $60K; Bloomberg Warns of Coldest Crypto Winter

Bitcoin rebounded from $60,000, while Bloomberg predicted the harshest crypto winter yet. Russia's central bank plans to restrict retail investors to only BTC, ETH, and USDT. Vitalik Buterin proposed a model for crash-resistant synthetic assets, and a white hat hacker unlocked $2M from a 2016 smart contract.

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In the past week, Bitcoin (BTC) bounced off the $60,000 support level, while Bloomberg analysts warned of the 'coldest crypto winter' in history.

Russia's central bank announced it will restrict unqualified investors to only Bitcoin, Ethereum (ETH), and Tether (USDT) in a move to limit risk.

Ethereum co-founder Vitalik Buterin outlined a model for synthetic assets designed to withstand market crashes. Additionally, a white hat hacker successfully unlocked $2 million trapped in a smart contract from 2016, highlighting ongoing security efforts in DeFi.

Source: ForkLog