Tether’s USDT Flips Ether in Market Cap as Stablecoin Climbs to $186 Billion

Key Takeaways USDT briefly passed ether by market cap at about $186.06B versus $185.66B, the first time in roughly 8 years. Tether’s issuance-driven growth met a falling ether price near $1,500, closing a gap that had narrowed for months. Ether subsequently reclaimed second place as prices firmed, but USDT’s continued rise reflects stablecoins’ growing dominance…

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SharpLink Resumes ETH Buying After 8-Month Hiatus but OG Whales Capitulate

In addition, Tom Lee’s Bitmine continues to stake ETH tokens. With the latest major price moves (and mostly corrections) in the cryptocurrency markets, certain major players and whales have returned to act accordingly. However, on-chain data from Lookonchain shows significant divergence between what SharpLink and some OG whales did. Here’s the Ethereum edition. SharpLink…

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Polymarket says hackers stole users’ funds

Prediction market giant Polymarket confirmed that hackers stole funds from an unspecified number of users after a third-party breach. In an X post on Thursday, Polymarket said that a compromise at a third-party vendor allowed hackers to inject malicious code into its website “for some users.” The company said it has “contained” the incident and…

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Crypto News Today (June 26): BTC Barely Holding $60K, Uniswap and Spark Launch FX Layer, Dubai to Launch Token Backed by Nasdaq ETF

In crypto news today (June 26), BTC USD continues its struggle to hold key support at $60,000, currently trading around $60,200. Liquidations hit $1Bn over the past 24-hours, with more than $845M from long positions. Worryingly, ETF flows have become extremely bearish, as yesterday saw $691M in Bitcoin outflows, coupled with Wednesday’s $469M flows, taking…

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