The popular CEO also weighed in on the hot topic of Strategy and its controversial STRC. Bitcoin can survive another price crash as it has done so many times in the past, reassured the CEO of CryptoQuant, Ki Young Ju. However, he envisions another major threat for the asset – boredom, and he linked…
Bitcoin recovered above $64,000 over the weekend after Friday’s drop below $62,400, but the wider crypto market still showed limited momentum. Summary Bitcoin reclaimed $64K after Friday’s pullback, but the wider market still showed limited weekend momentum. LAB and AERO led altcoin gains, while Ethereum, XRP and HYPE showed weaker momentum Sunday. ETF outflows and…
On-chain tracker Lookonchain said three wallets made $24.25 million in profits from World Cup betting on Polymarket, raising fresh questions about large traders in crypto prediction markets. Summary Lookonchain linked three winning wallets to one Binance deposit address after posting $24.25M in profits. The wallets allegedly won several World Cup bets, then stopped trading and…
The asset has also touched its electrical cost for the fifth time in history, which is typically a bullish signal. Bitcoin’s crash to just under $60,000 meant that the asset had lost over 53% of its value since the all-time high marked in October last year. Although this correction is not as painful as…
Ethereum’s well-known MEV bot JaredFromSubway was drained after an attacker used contracts that made its automated trading system grant token approvals, according to Blockaid. Summary Blockaid says attacker-controlled contracts tricked JaredFromSubway’s automated system into granting approvals later used for draining. Jared publicly claimed a $15 million loss, while Blockaid’s public estimate stood near $7.5 million….
CZ believes AI-powered trading and payments could arrive within months rather than years, with crypto as the default rail. Binance founder Changpeng Zhao, known in crypto circles as CZ, has said that AI agents could become one of the industry’s biggest adoption drivers. That, according to him, is because the autonomous software will likely…
Sonic Labs has announced a leadership overhaul after the S token extended its long-running decline, with former chief technology officer Andre Cronje joining two other senior figures in stepping down from the organization’s board. Summary Andre Cronje, Michael Kong, and David Richardson have stepped down from Sonic Labs’ board. Sonic Labs appointed new executives and…
If tokenized assets gain traction under clearer regulations, Grayscale believes that AAVE could emerge as one of DeFi’s biggest beneficiaries. AAVE’s fair value could climb to around $175 within the next year if clearer regulations accelerate the adoption of tokenized real-world assets (RWAs), according to a new report from Grayscale Research. The firm estimates…
Bitcoin has climbed more than 2% to $63,770 after a ceasefire agreement between Israel and Hezbollah helped ease market fears and pushed oil prices toward an 8% weekly decline. Summary Bitcoin price climbed 2.4% as a ceasefire deal and falling oil prices improved risk appetite. A symmetrical triangle breakout above $64,760 could open the door…
Fidelity Investments launched the Fidelity Reserves Digital Fund (FYMXX) on June 15, a government money market fund built specifically to hold stablecoin reserves under the GENIUS Act, joining a growing queue of traditional finance giants racing to own the plumbing of the regulated stablecoin economy. Currently, the total stablecoin market cap sits at over $315Bn,…
