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
How Cheap Power Turned Libya Into a Bitcoin Mining Hotspot
Libya’s heavily subsidized electricity, priced at roughly $0.004 per kilowatt‑hour, turned the country into a surprisingly profitable hub for Bitcoin mining, even with outdated hardware. At its peak in 2021, the clandestine farms contributed about 0.6 % of the global Bitcoin hash rate, consuming roughly 2 % of national electricity output. The activity operates in a legal grey zone—hardware imports are banned but mining itself is not explicitly outlawed—prompting a series of government raids and prison sentences. Authorities now face a dilemma between cracking down on illegal rigs and considering regulated taxation of the sector.
Crypto Breaks Higher as BOJ Decision Clears a Macro Overhang
Bitcoin and ether surged past key technical levels after the Bank of Japan raised rates to a three‑decade high, lifting Asian risk appetite. Bitcoin broke $87,000 while ether climbed alongside a 2 % rise in the CoinDesk 20 index, as equities...
Raoul Pal Says Capital Rotation Could Be Fuelling Zcash Boom
Real Vision founder Raoul Pal warned that Zcash's recent surge may stem from capital rotation rather than a genuine market uptrend. The privacy token has rallied 699% since the start of the year but slipped about 37% over the past...
SEC Flags Bitcoin Miner Hosting Services as Subject to Securities Laws
The U.S. Securities and Exchange Commission sued Bitcoin mining firm VBit, alleging it sold more hosting agreements than it could support and misappropriated about $48 million, classifying the contracts as securities under the Howey test. The SEC claims investors relied on...
Bitwise Files with SEC to Offer Spot Sui ETF
Bitwise has submitted a Form S‑1 to the SEC to launch a spot Sui exchange‑traded fund, with Coinbase Custody designated as the custodian. The fund would track the native token of the Sui Network, a layer‑1 blockchain currently ranked 31st...
Crypto Has Everything Needed for a Bull Market, so Why Is the Market Down?
Despite a suite of bullish catalysts—including heightened liquidity, pro‑crypto regulatory signals, new ETF launches and growing institutional exposure—cryptocurrency markets are heading lower, with total market capitalization down more than 32% from its $4.4 trillion peak and nearly 13% below the start...
Senate Confirms Trump Crypto-Friendly Nominees to Take over CFTC, FDIC
President Donald Trump secured Senate confirmation for his crypto‑friendly nominees, Mike Selig as CFTC chairman and Travis Hill as FDIC chairman, with a 53‑43 vote. Selig, a former SEC official, inherits a CFTC commission reduced to a single member and...
Robinhood's Crypto Surge: 3x Growth, Ethereum Bet
Robinhood is doubling down on crypto and tokenization 💫 In this Unchained episode, Johann Kerbrat joined me to unpack: 💥 Robinhood's 3x crypto revenue growth in Q3 📈 Why the company chose Ethereum over Solana ⚔️ How Robinhood views competition...
2025 Crypto Slumps Pale Compared to FTX, LUNA
Nothing in 2025 is even close to as bad as the whole FTX and LUNA fiascos. #Bitcoin is down less than 10% from the yearly open. If 2025 sucked in Crypto then that's on you.
Synthetix Returns to Ethereum Mainnet After 3 Years: ‘We Can Run It Back’
Synthetix announced its return to Ethereum mainnet after a three‑year hiatus, citing dramatically lower gas fees and recent layer‑1 scaling upgrades. The network’s average fee has dropped to roughly 0.71 gwei, a 26‑fold reduction from a year ago, making high‑frequency perpetual...
Waiting for $HYPE to Slip Below $20
It’s always nice to get something right … $HYPE is almost in my strike zone. I need it to dip below $20 though. Maybe if some more team members dump, my dreams can come true. https://t.co/YW0J4XC7Iz
BOJ’s Negative Rates
Don’t fight the BOJ: -ve real rates is the explicit policy. $JPY to 200, and $BTC to a milly. https://t.co/PdZh87ruVI
Crypto CLARITY Act Set for Senate Markup in January, Sacks Says
The Digital Asset Market Clarity Act, known as the CLARITY Act, is slated for a Senate markup in January, according to White House AI and crypto adviser David Sacks. The bipartisan bill, already cleared by the House, seeks to define...
Adopt Chain-Id:local Addresses for Global Web3 UI
How about web3 adopts : to have global address space? This would simplify UI and avoid lots of mistakes for users especially of L2s.
Upgrade Crypto Payments: End Plaintext, Prioritize Privacy
Privacy of money and payments is critical for mass adoption of crypto. We have built better financial rails but are stuck using 15 year old approach to creating trust on internet - putting everything in plaintext. Time for an upgrade.
Synthetix Unveils Perpetual DEX on Ethereum Mainnet
Synthetix is launching a perpetual derivatives DEX on Ethereum mainnet that uses a hybrid on‑chain/off‑chain central limit order book to sidestep latency and high gas fees. The platform debuts Bitcoin, Ethereum and Solana perpetual contracts with up to 50× leverage,...
Coinbase Unveils New Products, Targets #1 Financial App
Went live on @tbpn earlier to talk about all our new product releases, and how we're going to make Coinbase the #1 financial app Starts at 59:50 https://t.co/D3t0TAvc9Q
Firedancer Eliminates Need for Based Sequencing
Firedancer killed based sequencing.
Pixion Games - The Next Generation of Play
In this episode, Pixion Games founder and CEO Kam Punia draws on his experience with global franchises like Yu‑Gi‑Oh! to explain how his studio builds competitive, mobile‑first games, focusing on their flagship title Fableborne—a fast‑paced action RPG with hero collection,...
Coinbase Launches US Prediction Markets and Stock Trading
Testing prediction markets and stock trading on the Coinbase app, which are rolling out in the U.S now https://t.co/2jjL5MS0eC
George Osborn Joins Coinbase to Lead Crypto Future
Excited to welcome @George_Osborne to Coinbase as Chair of our Global Advisory Council. Our mission is to update the global financial system and increase economic freedom. George’s experience at the highest levels of global finance is a massive asset as we...
Altcoins Plunge as Bitcoin's $85,000 Test Triggers $550 Million in Liquidations
Bitcoin slipped below the critical $85,000 support, touching $84,500 before a modest rebound, erasing its earlier rally to $89,500. The breach sparked roughly $550 million in derivatives liquidations, affecting both long and short positions. Altcoins led the sell‑off, with Solana falling...
Trump's Memecoin Turns Crypto Into Partisan Battleground, Warns Hoskinson
Cardano's Charles H said Trump’s memecoin launch and personal crypto ventures turned crypto into a partisan issue, derailing bipartisan progress on regulation. He argued it blurred policy and personal interest, hurting the industry’s credibility and long-term prospects. Source: Decrypt
Crypto Regulation Shifts: SEC Roundtable, Privacy, Do Kwon
A sea change in crypto regulation? 🤔 In this episode of DITC, Jill Gunther joins hosts Katherine Kirkpatrick Bos & Jessi Brooks to unpack: 📝 Why the SEC's recent roundtable felt so good (after years of Gensler) 🤧 Why Jill...
Cypherpunk Values Are Dying, but They’re 'Not Dead Yet'
Cointelegraph argues that core cypherpunk principles—privacy, self‑sovereignty and decentralization—are rapidly eroding in today’s data‑driven society. The piece cites recent controversies, such as Vitalik Buterin’s mixer donation, to illustrate growing stigma around privacy tools. In response, Cointelegraph is launching a weekly show,...
NYSE Parent in Talks to Invest in Crypto Company MoonPay: Report
Intercontinental Exchange (ICE), the parent of the NYSE, is in talks to invest in crypto‑payments firm MoonPay as part of its $5 billion valuation round, though the exact amount remains undisclosed. ICE previously committed $2 billion to prediction market Polymarket, valuing that...
BTC Poised for Plunge Before BoJ, Altcoins to Rebound
It's very likely that the trend keeps going down until the BoJ comes out with the news. Wouldn't be surprised if $BTC continues to cascade and gets itself into a form of capitulation in the next 24 hours as the...
BTC Needs $88K Breakout; BoJ Event Holds Key
An update on the $BTC chart. Great CPI news, some upwards momentum, and then, again, a harsh correction. It's clear that the $88K level is the ultimate one, and that's what the markets need to break up in order to be...
Lido Outlines $60M Plan to Expand Beyond Liquid Staking
Lido DAO has unveiled a $60 million budget to broaden its product suite beyond liquid ETH staking, targeting stablecoin yield offerings for institutional users. The proposal, named “2026 Ecosystem Grant gRequest (EGG): Executing GOOSE‑3,” seeks to create new earn products and...
Bitcoin Policy Institute Reps Sound Alarm on De Minimis Tax Exclusion
Bitcoin Policy Institute strategist Conner Brown warned that a de minimis tax exemption being debated in Congress appears limited to dollar‑pegged stablecoins, leaving Bitcoin transactions unprotected. Senator Cynthia Lummis’s bill proposes a $300 threshold with a $5,000 annual tax‑free cap, plus...
Investors Should Prioritize Business Constraints Over Technical Details
One of the most unintuitive things I’ve learned about investing is that technical DD does not matter beyond understanding something is not violating the laws of physics For any given hard terminal technical problem, some % of engineers will net out...
Bitcoin, Ether Treasuries Seem Cheap, Yet Stuck Without Redemption
Bitcoin and ether treasuries look cheap on paper, but without a redemption mechanism, “cheap” can stay cheap for a long time. Steven Ehrlich investigates https://lnkd.in/e5Pfm8H2
Why Bitcoin’s Popular Narratives Don’t Match the Data: James Check on 2026
James Check’s on‑chain analysis shows Bitcoin’s price masks deeper market shifts. Leverage has fallen while the average cost base rose, leaving many investors underwater. Coins of all ages are re‑entering the market faster, increasing supply pressure. Check argues that ETFs,...
Our New Prediction Markets Partnership with ERShares Highlighted
Great coverage of our prediction markets partnership with @ERShares https://t.co/S2Wq7nFa07
Adoption Grows While Crypto Prices Remain Stagnant
The Most Uncomfortable Phase of Crypto Has Begun When adoption rises but prices don’t https://t.co/NR4HTsU7As https://t.co/bKVgODsDvL
ECB’s Christine Lagarde Shifts Focus to Digital Euro Rollout After Holding Rates
ECB President Christine Lagarde announced that the central bank has finished the technical and preparatory work for a digital euro, shifting the next steps to political approval by the European Council and Parliament. The ECB kept key interest rates unchanged,...
Digital Money Redefines Capital Markets and Banking
I met with @intangiblecoins at my home in Miami to discuss the year in digital assets, capital, and credit; the latest Bitcoin controversies; and how @Strategy is digitally transforming capital markets and global banking through digital money. https://t.co/RFUgmlQgOc
Meet Up at PubKey DC in One Hour
See you in an hour at @PubKey DC! #BitcoinisforEveryone https://t.co/T5yH09xlrT
Intuit to Use Circle’s Stablecoin for Financial Platforms
Intuit announced a multi‑year strategic partnership with Circle to embed the USDC stablecoin across its flagship platforms, including TurboTax, QuickBooks, Credit Karma and Mailchimp. The collaboration promises faster, lower‑cost payments for business transactions, tax refunds and marketing services. USDC, the...
Zcash Torch Funds Zami Manian, Normalizing Privacy
The Zcash torch moves on to set Zami Manian. Privacy is normal. https://t.co/9MDyghQD4L
Bitcoin, Ether Treasuries Seem Cheap Without Redemption Mechanism
Bitcoin and ether treasuries look cheap on paper, but without a redemption mechanism, “cheap” can stay cheap for a long time. @steven_ehrlich investigates https://t.co/QM3f37zPFM
Tim Warren on Bitcoin Bottom and BOJ Hike Pricing
🇯🇵We asked @TimWarrenTrades if the bottom is in and if BOJ rate hike is priced in...👇👇👇 $BTC $ETH $SOL $XRP https://t.co/VK1KcPDicU
ZKsync, Starknet Propose Trustless Bridge to Boost Zcash Liquidity
ZKsync joins Starknet in proposing L2/trustless-bridge upgrades for Zcash: https://t.co/HeVliLIuQT Sounds like it might be possible for Zcash to do better than current-Ethereum in concentrating liquidity and in minimizing trust assumptions?
Solana’s Nasdaq Ambition Hinges on Derivatives, Liquidity
Solana wants to be the decentralized Nasdaq. On @bitsandbips, @perkinscr97 explains why speed and throughput are necessary — but why derivatives, liquidity, and market depth are the real test 👇 https://t.co/N4Wp2mDfrj
Solana at Risk of Slipping Below $100
SOLANA IS IN DANGER 🚨 Losing $120 on the weekly could see it head sub-$100 next https://t.co/Vtt8oPgQZ8
A Day Inside the Life of a Crypto Trader
My typical day in crypto https://t.co/ZyPQjZjVZU
Crypto Payments Need Better Privacy, Not Just CEX Workarounds
This is another problem with crypto payments. Short term, using a CEX avoids it (but the CEX will have that info). Long term, need a proper privacy solution.
Loan Data Secured on Immutable Blockchain, Says Figure CEO
"We ingest the data from the loan - so credit, title, property, income - directly into the blockchain... The importance here is that the blockchain is immutable." - Mike Cagney, CEO of Figure Technology Solutions
Tokenizing Every Asset, Even Bears, in Bear Market
We are gonna get every asset on the planet on chain in this bear market. Even bears will be tokenized
LINK's New Institutional Onboarding Tool Sparks Massive Growth
As you know, I'm super positive about $LINK. The amount of fundamental growth they are building for the entire industry is insane. Recently, a new tool was launched to be onboarding institutions. What is it? Watch it here, with @SergeyNazarov: https://t.co/EYkies0XCI