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
XRP Ledger Upgrade Lays Groundwork for Lending, Tokenization Expansion
RippleX released XRPL server version 3.0.0, introducing a suite of amendments and bug fixes focused on accounting accuracy and protocol extensibility. The key fix, fixTokenEscrowV1, resolves an escrow accounting error that previously mis‑recorded issuer balances after fee‑bearing token releases. Additional changes tighten API behavior, improve AMM and oracle edge cases, and raise validator manifest warnings for better security. Operators must upgrade to maintain network compatibility as XRPL targets broader tokenization and DeFi use cases.
Altcoin Cap Nears Bottom, Breakout Above 20‑Day MA Imminent
The #Altcoin market capitalization appears to be forming a bottoming pattern in this area. Why? It consolidates in a higher-timeframe support area, indicating we're seeing buy pressure and going sideways. Also, on top of that, the first breakout upwards in nearly 3...
Binance Hints at Stock Perps in Push to Join Global Tokenized Equities Race
Binance has quietly added three new API endpoints that enable a TradFi‑Perps agreement and trading‑session queries, indicating a forthcoming launch of stock perpetual futures. The move revives the exchange’s 2021 tokenized‑stock experiment, which was halted after regulator scrutiny. By structuring...
From Lockstep to Lag, Bitcoin Poised to Catch Up With Small Cap Highs
The Russell 2000 index posted an all‑time high, while Bitcoin lagged 27% below its October peak. The Federal Reserve began a $8.2 billion Treasury‑bill purchase program, part of a $40 billion liquidity effort. Market participants price in roughly 50 basis points of...
Bitcoin First, Crypto at Scale: Inside the UAE’s Layered Digital Asset Strategy
The United Arab Emirates is pursuing a two‑track digital‑asset strategy: Abu Dhabi is positioning itself as a Bitcoin‑centric institutional hub, offering regulated custody, OTC liquidity and mining infrastructure, while Dubai is building a broader crypto economy that includes payments, stablecoins,...
Upbit Hack Puts Binance’s Emergency Freeze Policy Under Scrutiny
South Korean police asked Binance to freeze roughly 470 million won (about $370,000) in Solana tokens tied to the Upbit hack, but the exchange only blocked $55,000—about 17% of the amount—after a 15‑hour delay. The Upbit breach resulted in unauthorized withdrawals...
Coinbase May Debut Prediction Markets, Tokenized Stocks on Wednesday: Report
Coinbase is slated to showcase new products in a Wednesday livestream, potentially unveiling its first prediction‑market platform and a tokenized‑equities offering. The exchange recently joined the Coalition for Prediction Markets, a group led by Kalshi and other U.S. operators, signaling...
Higher Lows Signal Imminent Bitcoin Upward Breakout
#Bitcoin is doing the choppy dance. Illiquid books, and therefore fast moves up and down for the position on $BTC. Nonetheless, I think that we're still in for a new upwards breakout in the coming days/weeks. Higher lows indicate a higher...
CFTC Pulls ‘Actual Delivery’ Crypto Guidance, Giving Flexibility to Exchanges
Acting CFTC Chairman Caroline Pham announced the withdrawal of the agency’s 2020 “actual delivery” guidance for crypto transactions, citing outdated and overly complex rules. The scrapped guidance had required physical delivery of digital assets within 28 days, limiting exchanges’ ability...
YouTube Enables PYUSD Stablecoin Payouts for US Creators: Report
YouTube has launched a payout option that lets U.S. creators receive earnings in PayPal’s PYUSD stablecoin. The feature, confirmed by PayPal’s crypto head, is live but limited to creators based in the United States. YouTube’s integration does not require the...
Decentralized Tech Undermines Statist Left, Sparks Anti‑Tech Shift
How did the left go from pro-tech communists to anti-tech primitivists? Three theses. (1) Tech redecentralized. Communism replaces G-o-d with G-o-v, putting the centralized state above all. And 20th century tech was centralized, while 21st century tech is centralized. Think mass...
Algorand DeFi Hits Record Week, Token Hits New ATH
FOLKS just dropped the most stacked week in Algorand DeFi history All while the token surges to a new ATH Clean, no-BS roundup of everything they shipped 🧵 https://t.co/3HaBZFvuN5
Solana Lending Markets Surge as Network Positions for Trillion-Dollar DeFi Future: Redstone
Solana’s lending sector saw total value locked climb to $3.6 billion in December 2025, a 33 % increase from the previous year. The network’s 400‑millisecond finality, $0.001 median transaction fee, and 100 % uptime underpin this growth, while daily DEX volume peaked at $35.9 billion....
Starknet: Key to Expanding Global Privacy
This week I also got to talk with @balajis. @NathanOnCrypto wanted to know: What was my biggest takeaway from the conversation we had? My answer: Privacy. Starknet will play an important role in bringing more of it to the world....
Launching a New Podcast Episode Now
Doing a podcast here. ☺️ https://t.co/Ul48vTRcyz
HyENA Volume Crosses $50 Million in First 48 Hours
DeFi protocols Ethena and Based launched HyENA, a Hyperliquid HIP‑3 frontend, on Dec 9. In its first 48 hours the platform processed over $50 million in trades, becoming the second‑largest permissionless perpetual market on Hyperliquid after TradeXYZ. HyENA leverages Ethena’s USDe synthetic dollar...
Swap Runtimes, Get Two Free Clients for Redundancy
Take the frankendancer network stack and replace the runtime with the mithril and syndica runtimes and we get a 3rd and 4th client for “free”. Alpenglow only needs 3 clients since it can survive up to 40% down. ...
BNB Hits One Korean Won Mark
KRW1 on #BNB
Crypto Coin Minute for December 12th, 2025 at 07:32 AM Pacific Time.
The Crypto Coin Minute highlighted three major developments: a Zodia study shows stablecoins underpinning Australia’s financial infrastructure, a US federal court sentenced Terraform Labs founder Do Kwon to 15 years for fraud, and Senate Democrats are urging a halt to stablecoin...
On‑Chain Prediction Markets: Shaping Tomorrow’s Decentralized Forecasting
Future of on chain prediction markets
Creating Infrastructure for Billions of On‑Chain Coordinating Agents
Building for a world where billions of agents are coordinating and executing work and economic activity onchain.
CFTC Gives No-Action Leeway to Polymarket, Gemini, PredictIt, LedgerX Over Data Rules
The U.S. Commodity Futures Trading Commission issued no‑action letters to Polymarket, PredictIt, Gemini and LedgerX, allowing them to sidestep certain swap‑related record‑keeping and data‑reporting rules. In exchange, the platforms must keep contracts fully collateralized, clear trades only through designated channels,...
Privacy Bridges the Divide Between Web2 Simplicity and Crypto Complexity
Crypto language: Scale, decentralization, account abstraction, trustlessness, permissionless Web2 language: Fast, cheap, secure, unlimited, free, easy, independent There's a big gap between the simplicity and intuitive value of Web2 and the complex technical jargon of crypto. The rare exception: Privacy. Privacy is privacy in crypto...
Sentient Advances Open‑Source AI Reasoning with SERA‑Crypto
Sentient is steadily becoming a leading contributor to open-source work on AI reasoning. After ROMA, the team is now releasing SERA-Crypto—continuing a focus on building reasoning systems for AGI in the open.
Bitcoin Liquidity Is Drying up in Specific Regions as a New “Pay-to-Exit” Model Quietly Takes Over
Belarus expanded its telecom‑level platform blocking in December, adding domains to the BelGIE list and restricting crypto activity to High‑Tech Park operators, while the EU banned Belarusians from EU‑based wallets. The move mirrors a broader EMEA‑APAC playbook that uses DNS/IP...
Digital Silver Outshines Gold: Industrial Utility Drives ETH Value
I've advocated digital silver for a long time as the most salient $ETH asset framework because silver's industrial utility makes up a majority of its commodity mcap & flows while gold's is reverse: majority jewelry+bullion SoV. And best of all,...
Top 15 XRP DeFi Projects for Edinburgh Summit
If we hosted an XRP DeFi summit at the University of Edinburgh, who are the top 15 projects to invite from the XRP community?
U.S. Financial-Risk Watchdog, FSOC, Erased Digital Assets as a Potential Hazard
The Financial Stability Oversight Council’s 2025 annual report removed digital assets from its list of systemic vulnerabilities, marking a clear policy shift under the Trump administration. The prior 2024 report had highlighted stablecoin and crypto‑ETF risks and urged Congress to...
BCH Remains Solid Amid Market Uncertainty
$BCH Still looks solid https://t.co/syq8qQxPDf
Expanding XRP Ecosystems Boosts Utility, Anchored by XRPL
More XRP ecosystems is a good thing. Letting XRP operate in more environments builds utility, and the XRPL remains the anchor that makes it all work.
Netflix Teases Comedy Movie About Missing $35M Crypto Password
Netflix announced a new comedy feature titled “One Attempt Remaining,” starring Jennifer Garner, about a divorced couple racing against a 48‑hour deadline to retrieve a forgotten password and access $35 million in cryptocurrency. The plot mirrors real‑world crypto lockout stories, such...
Millions Collaborate Unseen, Powering Bitcoin’s Decentralized Success
One of the coolest parts of bitcoin is that millions of people work daily in a decentralized, uncoordinated fashion to help bitcoin succeed. Writing code. Running nodes. Mining. Marketing. Holding. Millions of people working together without knowing each other.
Do Kwon Receives 15‑year Sentence, Sparking Debate
15 years in prison for Do Kwon 😮 What do you all think about that sentence? Too much? Too little?
Xiaomi to Pre-Install Sei Crypto Wallet on Millions of Phones in Global Rollout
Sei Labs has struck a distribution agreement with Xiaomi to pre‑install its crypto wallet and discovery app on every Xiaomi smartphone sold outside mainland China and the United States. The app will integrate Google or Xiaomi ID sign‑in, a multiparty...
Tokenizing Everything: Bitcoin, Dollars, Securities Now Reality
Nearly a decade ago I used to repeat the phrase "tokenize the world" because it was obvious that every asset was going to be digitized. First, bitcoin. Second, dollars, Now, securities & bonds. I wasn't perfect, but my thesis held up well...
DePIN Gathers Petabytes to Fast‑track Humanoid Robotics
Under the hood of this super fun demonstration is a DePIN program that’s collecting petabytes of robot real world training data. If everything that I have worked on for the last 8 years on @solana ends makes general...
Chainlink's LINK Drops 5% Despite Coinbase Bridge Deal, But Bottoming Signs Emerge
Chainlink’s LINK token slipped nearly 5% to $13.74 despite Coinbase’s announcement that it will use Chainlink’s Cross‑Chain Interoperability Protocol (CCIP) to power a $7 billion bridge for wrapped assets. The price decline reflected broader altcoin weakness and Fed‑rate concerns, pulling LINK...
Bitcoin Crash Signals Buying Opportunity Amid Record Low Indicators
One of the most important charts. The RSI level has hit <20 in recent crash. The MACD on #Bitcoin has hit the widest spread ever, indicating that this recent crash was the most volatile crash for that particular indicator on multiple...
Bitcoin, Solana, Seeker Could Rival Apple’s Scale
The crypto protocols that could get as big as Apple: bitcoin, solana, seeker
Real Yield and RWAs on Kamino Loop Wow
RWAs and real yield + @kamino loop is gonna melt faces
DTCC Subsidiary Secures SEC Nod for 24/7 Token
A DTCC subsidiary received SEC approval to offer a blockchain-based tokenization service for stocks, ETFs, and bonds, set to launch in 2025. It will allow shares to trade 24/7 and settle instantly, and will operate for three years across multiple chains. Source:...
Crosslink Protocol Opens for Independent Expert Review
Shielded Labs's Crosslink protocol is far enough along that we can start inviting independent experts to scrutinize it, starting with @nikete: https://t.co/WlSSnqbn8O We've "pre-registered" the exact design to be reviewed so that everyone can verify the resulting analysis.
Ripple Completes $200M Acquisition of Rail Stablecoin Platform
NEW: Ripple officially closes $200M acquisition of global stablecoin payments platform 'Rail'
When the Dip Never Ends, Buying Gets Risky
POV: Buying the dip, but the dip keeps dipping https://t.co/BoClW2rznm
December 11 Becomes Official Iagon Day
December 11th shall be known as Iagon Day hereforth
Strong Pullbacks Will Trap Careless Perpetual Traders
@CryptoMichNL This will not go without strong pullbacks to catch careless perp trades off-guard
Vitalik's Design Flaw: ERC‑20 Approve Mechanism Criticized
Really it’s Vitalik’s fault for the approve mechanism in ERC-20
Aave V4 Launches Its New Liquidation Engine
Introducing Aave V4's new liquidation engine.
Push Bitcoin Dominance Over 60% Again
Send #BTC dominance back above 60% https://t.co/IrIudcreSV
ALT/BTC Pairs Expected to Decline Through Year‑end
I think #ALT / #BTC pairs will continue to head down into the end of the year. Remember, last cycle, ALT / BTC pairs capitulated and found a low about 1 month after QT ended. https://t.co/BFOgNB1LsL