Today's Crypto Pulse
Bitcoin crashes below $65,000 amid $1.86B liquidations and Saylor sell‑off
Bitcoin slipped under the $65,000 psychological barrier on June 3, sparking a 12% weekly decline. The drop triggered roughly $1.86 billion in leveraged futures liquidations and a $2.97 billion outflow from spot Bitcoin ETFs over ten sessions. Michael Saylor added pressure by selling 32 BTC, valued at about $2.5 million.
Also developing:
By the numbers: Strive acquires 2,500 Bitcoin for $185.2M
Terraform’s $4 Billion Jump Lawsuit Exposes the Hidden “Shadow Trading” That May Be Artificially Holding up Stablecoin Prices
Terraform Labs’ wind‑down administrator has sued Jump Crypto for $4 billion, alleging the firm covertly traded to keep TerraUSD’s $1 peg and profited from discounted Luna terms. The case spotlights “shadow trading” as a hidden lever that may sustain stablecoin prices beyond issuer reserves. As stablecoins move into mainstream payment rails, regulators are tightening rules and considering disclosure of stabilization arrangements. The outcome could reshape how market‑maker contracts are treated under emerging stablecoin legislation.
Foundation Behind Restaking Protocol EigenLayer Plans Bigger Rewards for Active Users
The EigenLayer foundation has tabled a governance amendment that creates an Incentives Committee to steer token emissions toward participants securing Actively Validated Services (AVS) and the EigenCloud suite. The plan earmarks 20% of AVS‑related fees and cloud‑service revenues for EIGEN...
Citi Is Still a Believer in Crypto Stocks Despite Bitcoin Being Rocked to End the Year
Citigroup refreshed its digital‑assets equity coverage, reaffirming a bullish outlook despite Bitcoin’s end‑of‑year slump. The bank kept Circle Financial as its top pick, maintaining a $243 price target while the stock trades near $83.60. Bullish and Coinbase also remain favored,...
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Most Influential 2025's Honorable Mentions
CoinDesk’s 2025 Most Influential Honorable Mentions spotlight a resurgence in crypto privacy, with Zcash’s Zashi wallet making shielded transactions default and the Canton network securing a partnership with DTCC to tokenize U.S. Treasury securities. Prediction‑market pioneer Kalshi raised $1 billion, expanding...
Insights From DC Privacy Summit with Hester Peirce
In October I attended Project Glitch and PGP* (Pretty Good Policy) for Crypto 's DC Privacy Summit, an important event bringing together cryptographers, security hackers, academics, regulators, and policymakers. Here are some remarks I gave and a link to a...
Most Influential: Hsiao-Wei Wang and Tomasz K. Stańczak
The Ethereum Foundation announced Tomasz Stańczak and Hsiao‑Wei Wang as its new co‑executive directors, pairing an external client‑builder with a long‑time protocol researcher. Their hybrid leadership aims to steer the foundation as Ethereum transitions from experimental to global‑scale infrastructure. Since...
Most Influential: The Solana Developers
Solana’s 2025 ecosystem blended meme‑coin hype with tangible hardware and protocol upgrades. Early‑year memecoin mania, highlighted by the short‑lived TRUMP token, surged activity before a LIBRA‑related scandal dampened speculation. Meanwhile, the Solana Mobile team released the second‑generation Seeker phone, integrating...
Most Influential: Luke Dashjr
Veteran Bitcoin developer Luke Dashjr is leading the debate over Bitcoin’s role after the 2023 Ordinals and 2024 Runes protocols introduced NFTs and fungible tokens on the original blockchain. He argues that expanding data limits via OP_RETURN would flood the network...
Most Influential: Jeff Yan
Jeff Yan, founder of Hyperliquid, has built a decentralized exchange that handled $308 billion in volume in 2024 and processes about $10 billion in trades per day, serving over 570,000 users. The platform runs on a custom layer‑1 blockchain delivering sub‑second finality...
DraftKings Enters Prediction Markets with CFTC-Approved App for Real-World Events
DraftKings has launched DraftKings Predictions, a CFTC‑registered real‑money prediction‑market app available in 38 states. The platform lets users trade contracts on sports, finance and other real‑world events, linking to CME Group and integrating Railbird Technologies. By operating within the traditional...
5 Lessons I Learned in 2025
Anthony Pompliano shares five takeaways from 2025, urging investors to challenge consensus narratives and focus on market structure rather than hype, as illustrated by the tariff panic and Bitcoin’s volatile rally. He highlights that despite sensational "fear porn," fundamentals like...
Premium Investor Report #489
The Premium Investor Report #489 outlines Lark’s modest portfolio adjustments, adding small‑cap equities like NextEra Energy, Teradyne, Duolingo and STRC while only increasing exposure to Solana on the crypto side. A deep‑dive affirms Aave’s continued dominance as the primary liquidity...
Poland’s Lower House Approves Crypto Law Again, Sends Vetoed Bill Back to Senate
Poland’s lower house (Sejm) voted 241‑to‑0 to pass the Crypto‑Asset Market Act, re‑introducing the same text that President Karol Nawrocki vetoed earlier this month. The legislation seeks to align domestic rules with the EU’s Markets in Crypto‑Assets (MiCA) framework, but critics...
Solana AI Token Ava Hit by Launch Sniping Tied to Deployer: Bubblemaps
Bubblemaps identified a cluster of 23 wallets tied to the Ava token deployer that snapped up roughly 40% of the Solana‑based AI token supply at launch on Pump.fun. The coordinated buying, funded through Bitget and Binance, coincided with a dramatic...
What Malaysia’s Royal Stablecoin Reveals About Asia’s Shift to Tokenized Money
Malaysia has launched RMJDT, a ringgit‑pegged stablecoin issued by Bullish Aim on the Zetrix blockchain. The token is backed by ringgit cash and short‑term government bonds and is supported by a 500 million‑ringgit digital‑asset treasury to stabilize validator operations. Across Asia,...
Love Language
The episode demystifies the Federal Reserve's Reserve Management Purchases (RMP), arguing they are functionally equivalent to Quantitative Easing (QE) and thus constitute money printing that fuels inflation and asset price gains. Through detailed accounting T‑charts, the host shows how RMP...
Polymarket Resolves Issues After Polygon Network Disruption
Polymarket confirmed that a recent disruption on Polygon’s PoS network temporarily halted trades, deposits, withdrawals, and data feeds. The issue originated from faulty RPC nodes, though the underlying blockchain continued to produce blocks without a full halt. Polymarket restored all...
Coinbase Comes for All of Finance
Coinbase announced its most ambitious product overhaul, adding commission-free stock trading, prediction markets, Solana on-chain trading, custom stablecoins, streamlined derivatives, and an AI advisor, positioning itself as an all‑in‑one exchange and a vertically integrated financial institution. The episode argues that...
ROLLUP: Coinbase Ships | JPMorgan Onchain | Solana Firedancer | Aave Civil War | DTCC Tokenizes
In this episode, Ryan and David examine how Coinbase is evolving into a financial super‑app, while JPMorgan launches its first tokenized money‑market fund on Ethereum and regulators quietly enable on‑chain settlement via DTCC pilots. They also discuss Solana’s Firedancer client...
Jump Trading Hit with $4B Lawsuit Tied to $50B Terra Crash: WSJ
Jump Trading and two senior executives are being sued for $4 billion by Terraform Labs’ bankruptcy administrator, who alleges the firm profited from and helped trigger the 2022 Terra collapse that erased roughly $50 billion. The complaint claims Jump entered secret agreements...
Fragmentation Drains up to $1.3B a Year From Tokenized Assets: Report
RWA.io’s new report quantifies the economic drag caused by blockchain fragmentation, estimating a current loss of $600 million to $1.3 billion per year in tokenized real‑world assets. Identical tokens trade at 1‑3% price spreads across chains, while moving capital incurs 2‑5% fees...
BTC Poised to Break $88.5K Amid Bullish Macro Outlook
It's almost time. $BTC is fighting the $88.5K resistance zone and has been rejected there multiple times over the past few days. It's all depending on the U.S. Open, and Friday is usually corrective. However, with all the macroeconomic data pointing...
Metaplanet to Start Sponsored ADR Program to Woo Over-the-Counter U.S. Investors
Metaplanet announced that its American depositary receipts will begin trading on December 19 under the ticker MPJPY on the U.S. over‑the‑counter market. The sponsored Level I ADRs replace the unsponsored MTPLF instruments and are backed by a formal deposit agreement with Deutsche...
Bybit Returns to UK with 100 Crypto Trading Pairs After 2-Year Break
Bybit, the world’s second‑largest crypto exchange, has re‑entered the United Kingdom after a two‑year hiatus, offering spot trading on 100 currency pairs. The comeback follows the FCA’s 2023 crackdown on crypto advertising, which forced several firms out of the market....
Coinbase Borrows Kalshi’s Playbook, Sues Three States over Prediction Markets
Coinbase has filed lawsuits in Connecticut, Illinois and Michigan, seeking a federal ruling that its upcoming CFTC‑regulated prediction markets fall under the Commodity Exchange Act rather than state gambling statutes. The exchange argues that federal jurisdiction should pre‑empt the patchwork...
US Banks Can Now Trade Crypto without Market Risk
The U.S. banking regulator has granted national banks the opportunity to engage directly in cryptocurrency markets, effective immediately. This development allows banks to purchase cryptocurrency on one side of a transaction and sell it on the other, all without assuming...
Weekly Altcoin Newsletter Featuring Six Top Tokens
I've published a new Altcoin Newsletter 🔥 I share my charts & analysis on 6 Altcoins These Altcoins are $SOL $XLM $PENGU $FET $FARTCOIN $AAVE I share an Altcoin Newsletter like this every Friday Sign up & read here: https://t.co/eP7fJbAWT6 #BTC #Crypto #Bitcoin
Michael Saylor Discusses Bitcoin Outlook on The Breakdown
THE BREAKDOWN #641 -- Live with Michael Saylor - Bitcoin & Market Talk https://t.co/QIbABaj3gZ
Both Parties Print Money, So I Trust Bitcoin
I don’t rely on the government to fix the economy. I rely on the fact that both sides will print more money. That’s why we bitcoin
Bitcoin Sellers Blocking Higher‑high Momentum
#Bitcoin Sellers don't seem to want price to make a higher high here. https://t.co/yZOzrFFyts
TRX Launches on Base: New DeFi Frontier
TRX on @base
Citi Predicts Bitcoin Hitting $143k by 2026
JUST IN: Citi bank forecasts $BTC could reach $143,000 in 2026 amid ETF adoption and regulatory clarity
Yen Drop Fuels USD, Threatens Crypto Stability
🇯🇵Yen weakening by 1% against the dollar, after expected BOJ rate hike. 🔥if it worsens = supportive for the US dollar and volatile for US markets, especially risk assets.👀 👉aka Crypto gets WRECKED💥 2026 will be interesting👀 $BTC $ETH $SOL $XRP
New CFTC Chair Confirmed as Bitcoin Rebounds to $85K
Senate confirms Michael Selig as CFTC Chairman. Bitcoin erases $3000 dump to $85,000. Millions in liquidations. HIGHER
Saylor Predicts Emergence of a Major Digital Credit Network
BULLISH 🚨 Michael Saylor just said, "You're watching the formation of a major digital credit network" https://t.co/r95JCXKYRX
Just a Straightforward X vs Binance Square Comparison
Was just comparing a feature on X vs Binance Square, nothing more. Don't over think it.
Top Perps Choose Starknet Over Ethereum and Solana
Reminder -- 3 of the top 8 perps on StarkWare tech. 2 of top 2 perps that use *same infra* for the perps engine and all other apps are on Starknet tech-- @extendedapp and @paradex. Not on Ethereum, not on Solana ....
Aave's GHO Stablecoin Set to Grow with Risk‑Free Yield
I have no doubt that Aave-native GHO stablecoin will keep growing. GHO is a decentralized stablecoin, backed by mainly ETH-based collaterals. sGHO also gives a risk free rate to earn on GHO.
Must‑Watch Aave V4 Security Walkthrough for Solidity Engineers
Highly recommended to watch for solidity engineers. @imderl and @tomer_ganor does a security walkthrough on Aave V4 development.
ETH Holds Support; BTC Break Above $88K Sparks Uptrend
$ETH vs. $BTC is still holding the support level, although Bitcoin drove recent Ethereum price action. In that light, I think we'll start to trend up the moment Bitcoin breaks above $88,000. Remember, since April '25, it's been an $ETH market...
Trump Organization to Accept Bitcoin Across All Properties
Eric Trump says 'The Trump Organization' will start accepting Bitcoin and crypto at all of its properties https://t.co/jzpilgUQZM
Phoenix Wallet Proves Banking Can Be Effortlessly Simple
"That was it?" "Yes." "Ok. Banks can go fuck themselves. That was a lot more simple than I thought it was. Incredibly more simple." ^ Me showing a friend @acinq_co's Phoenix wallet for the first time.
Aave Dominates On‑Chain Lending Market
Aave leading onchain lending.
Earn Extra Rewards with WEEX’s New Simple Campaign
New WEEX campaign is live 🚨 Deposit, trade, and unlock extra rewards as you go, simple mechanics, no account changes. If you’re already active, it’s an easy add-on. Here's the link 👇 https://t.co/YSpDrikbi3 Trading carries risk. https://t.co/mPRckDC4VA
Institutional Buying Drives ETH Exchange Supply to 2016 Low
$ETH supply on exchanges has fallen to its lowest levels since 2016 Institutions are buying so much $ETH right now https://t.co/emM8bEBFEI
PrimeXBT Adds SOL, BNB, TRX to Spot Offerings
Nice to see PrimeXBT continuing to expand spot support. More SOL ecosystem assets + BNB and TRX gives everyone a lot more flexibility for deposits, swaps, and withdrawals. Here's the link 👇 https://t.co/MHoQFVg8lG
Crypto's Visionary Builders Fuel Long-Term Bullish Outlook
Something that crypto, as an ecosystem, has in abundance is builders with vision, talent, and grit. In the long run, these ingredients -- vision, talent, and grit -- these are the keys to building something new and important that truly matters....
Tom Lee Forecasts Bitcoin New All‑time High by Jan 2026
Tom Lee predicts Bitcoin will hit a new all-time high before the end of January 2026 🚀 https://t.co/rFpT9fF9ye
Crypto Czar Sacks Says Bitcoin Legislation Near Passage
BULLISH 🚨 Crypto Czar David Sacks says "we are closer than ever" to passing the Bitcoin and crypto market structure legislation https://t.co/p2xsKcKFst