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
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 from a recent high of $14.46. Meanwhile, trading volume surged 20.4% above the weekly average, and accumulation formed just above the $13.46 support level, hinting at a potential bottom. Caliber also began staking LINK for yield, adding institutional interest.
JellyJelly Rockets 120% on App Store Release
JellyJelly, a Solana‑based “internet capital markets” memecoin launched by Venmo co‑founder Iqram Magdon‑Ismail, jumped 120% in the past 24 hours after being released on the Apple App Store. The surge lifted the token’s price to $0.085 and its market capitalization to...
How Do Kwon’s Jail Sentence Forces a Brutal “Truth Test” That Many Algorithmic Tokens Will Instantly Fail
Do Kwon is scheduled for sentencing in U.S. federal court on Dec. 11, 2025, with prosecutors seeking a 12‑year term after a $4.47 billion SEC civil judgment. The case sharpens regulatory focus on algorithmic stablecoins, treating misstatements about peg mechanisms as securities fraud....
U.S. CFTC's Pham Moves for Do-Over on 'Actual Delivery' Guidance on Crypto
Acting CFTC Chairman Caroline Pham announced the withdrawal of the 2020 guidance defining “actual delivery” of crypto commodities. The agency said the rule was outdated and impeded innovation, prompting a reevaluation in light of five years of market evolution. The...
Citadel’s Push for DeFi Regulation Signals Mainstream Acceptance
How Citadel United Crypto Against a Common Villain In this episode of DEX in the City, hosts @TuongvyLe12, @kkirkbos & Jessi Brooks unpack: 💥 Citadel's controversial call for DeFi regulation 📈 The CFTC's spot crypto trading green light 🧏♀️ Bitnomial’s advantage 🚨 How AI agents...
Coinbase Expands Reach of Stablecoin-Based AI Agent Payments Tool
Coinbase has launched x402 V2, the second version of its stablecoin‑based payments protocol designed for AI agents. The upgrade introduces a modular SDK, wallet‑based identity, automatic API discovery, dynamic recipients, and support for multiple blockchains and fiat via CAIP standards....
ETH Holds Near Historic Weekly CME Gap Support
$ETH Ethereum has been able to find decent support at its historical Weekly CME Gap (orange) #ETH #Crypto #Ethereum 🚀Follow @rektcapital for more level-headed insights on Bitcoin
TAO Halving Sparks Potential $400 Upswing
$TAO will be having its halving in the coming days. Very exciting stuff, as I think this is one of the strongest assets going into 2026. On top of that, the Daily MA seems ready to be broken upwards, and then,...
U.S. Senate Rolls Toward Last Vote on Confirming Crypto Regulators at CFTC, FDIC
The U.S. Senate is set to vote early next week on two pivotal crypto‑regulatory appointments after a 52‑47 procedural win. Mike Selig, a senior SEC official, is nominated to chair the CFTC, while Travis Hill, a veteran banking regulator, is...
Citadel Pushes DeFi Regulation as AI Exploits Contracts
Citadel v. DeFi? ⚔️ In this episode of DITC, hosts Vy Le, Katherine Kirkpatrick Bos & Jessi Brooks unpack: 💥 Citadel's controversial call for DeFi regulation 📈 The CFTC's spot crypto trading green light 🧏♀️ Bitnomial’s advantage 🚨 How AI...
Vote on Trump’s CFTC Chair Pick Could Come Today, US Senator Says
Senate Agriculture Committee Chair Glenn Thompson signaled that the full Senate could vote as early as Thursday afternoon on President Donald Trump's nominee, Michael Selig, to lead the Commodity Futures Trading Commission. The vote would occur before the chamber recesses...
Binance Overhauls Stablecoin Trading with Trump-Linked USD1
Binance is replacing its BUSD collateral with the Trump‑linked stablecoin USD1 and launching new BNB/USD1, ETH/USD1 and SOL/USD1 trading pairs. The exchange will also enable zero‑fee swaps between USD1, USDC and USDT, and convert all BUSD reserves to USD1 within...
Bitcoin Is Now the Ultimate “Divorce Loophole” Because Courts Physically Cannot Seize the Keys
Bitcoin holdings are increasingly moving out of exchanges, with only about 14‑15% of the supply on custodial platforms. This custody shift is colliding with family law, as courts can order disclosure but cannot seize or broadcast transactions without the private...
Arbitrum DAO Votes on $1.5 Million Program to Reward Active Delegates
Arbitrum DAO is voting on a $1.5 million annual incentive program to reward active governance delegates. The proposal requires delegates to hold at least 200,000 ARB, vote on proposals, and publicly explain their rationale within five days, with payouts ranging from $300...
Bitcoin's Real Breakout Likely Weeks Away, Not Post‑FOMC
The fact that the FED will start to update the printer from 2021 settings into 2025 settings, doesn't mean that this will have an immediate impact in the markets. No, these things take time. #Bitcoin has been going down after every FOMC...
DeFi Leverage Collapse Costs Stream Finance $80M
"There was one incident where some creator was lending against Stream Finance or Elixir, which are two DeFi protocols. Stream Finance was giving money to someone who was using this capital to leverage, quite risky strategies, in exchange for...
Robinhood Stock Slides 8% After Big Decline in November Trading Volumes
Robinhood’s shares slipped 8% after the broker reported a sharp decline in November trading activity across equities, options and crypto. Platform assets fell 5% month‑over‑month to $325 billion. Crypto trading volume dropped 12% from October and was 19% below a year‑ago...
Open‑source Codebase Ends DeFi Guesswork
Dan and Tarun are both super smart No idea who’s right, but my biggest take away is there is no way to find out We have an easy fix to this problem in DeFi called GitHub With lots of respect, it’s way...
ETP Purchases Hide Underlying Asset Allocation; Check Fund Statements
"If you are buying an ETP (or ETF), you just buy it from a broker. It works very similar to stocks... There is a little hidden piece here... You have to go to the fund's website, download the statement, and...
Texas Grid Is Heating up Again, This Time From AI, Not Bitcoin Miners
ERCOT’s interconnection queue has swelled to 226 GW, with AI data centers accounting for roughly 73% of the demand. This year alone, developers submitted 225 large‑load requests, while the generation queue lists 1,999 proposals totalling 432 GW, dominated by solar and battery...
RKLB Jumps 50% in Under Two Weeks
$RKLB 50% in less than 2 weeks. Crazy. https://t.co/3MqSyvumWx
Hackathon Yields Faster JavaScript BLAKE3 Implementations
I accidentally a whole hackathon for BLAKE3 in js/wasm. I'm now 10ⓩ poorer and the world is richer for having several new fast implementations of BLAKE3 in JavaScript. Final tally: https://t.co/NDQsQuWIlt See also the "post competition followups" at the top...
Web3 Ticketing Platform KYD Labs Launches TIX for Live Events Financing
KYD Labs, a Solana‑based ticket sourcing platform, unveiled TIX, a DeFi lending layer designed to finance live events. The solution tokenizes tickets as real‑world assets, allowing venues to obtain upfront capital from on‑chain liquidity providers. KYD Labs currently supports over...
Today's Market Shows Unusually Low Trading Volume
Just opened the charts and volume is exceptionally low across the board today.
J.P. Morgan Launches First On‑chain Debt Issuance on Solana
J.P. Morgan arranged onchain debt issuance for @galaxyhq on Solana, supported by Coinbase’s Crypto-as-a-Service platform. Very cool - this is one of the first debt issuances on a public blockchain.
US SEC's Crenshaw Takes Aim at Crypto in Final Weeks at the Agency
SEC Commissioner Caroline Crenshaw, the agency’s only remaining Democratic member, will leave in January, 18 months after her term expired. In a Brookings event she warned that the SEC’s lax enforcement has turned markets into a casino‑like environment, especially for...
Bankers Eye Bitcoin Sell‑off as 4‑year Cycle Peaks
Wall Street bankers watching crypto bros sell their Bitcoin because the 4-year cycle says the top is in https://t.co/dP3hWLROCv
Stablecoin‑only Models Hinder Long‑term Investing Due to Rapid Liquidity Needs
"If you are only providing stablecoins or being a bank of stablecoins, you cannot invest for the long term, because liquidity might be needed quite fast." - Sebastien, Co-founder of Steakhouse Financial https://t.co/9gVKxTO0ES
ICP Extends Decline as Breakdown Below $3.40 Reinforces Bearish Structure
Internet Computer (ICP) dropped 4.28% in the last 24 hours, sliding from $3.52 to $3.3735. A brief rally to $3.60 generated a volume spike, establishing that level as a key resistance zone. The token then formed lower highs and lows,...
Unlimited Fiat vs 21M Bitcoin: The Ultimate Bet
The world has an unlimited supply of fiat to buy a limited supply of 21M Bitcoin. That's it. That's the bet.
First Board Meeting Sparks Excitement for Building BRR
We just completed our first board meeting at $BRR today. Everyone is fired up to go build a great company.
Belarus Blocks ByBit, Bitget, OKX as Russia Clamps Down on Crypto Gray Area
Belarus’s Ministry of Information blocked the domains of major crypto exchanges Bybit, OKX, Bitget, Gate, Bingx and Weex, citing inappropriate advertising under its mass‑media law. The move coincided with Russia’s central bank hinting it may relax crypto access for a...
Consider a Pythathon Hackathon for Cardano DApps
I wonder if we should host a Pythathon Hackathon for Cardano DApps?
Pentad Now Integrates Pyth Price Oracle
Pentad Integration Update: Pyth https://t.co/EH5eagzMql
Save the Children Introduces Bitcoin Fund to Streamline Crisis Response
Save the Children has launched a Bitcoin Fund, developed with digital‑asset firm Fortris, that lets the charity hold bitcoin donations for up to four years. The fund gives donors the option to decide when to convert their crypto, aiming to...
Crypto ETFs Add Staking, Boosting Investor Returns
Crypto ETFs started incorporating staking over the last two months. This is a big win for holders and general crypto growth. Owning crypto ETFs is more attractive than ever now that the holders also generate staking rewards.
S&P 500 Hits 6,900, Crypto Trails Behind
POLL: 🇺🇸The S&P 500 surges above 6,900 for the first time since October 29th. Crypto is lagging because... 🤔 $BTC $ETH $SOL $XRP
Stream Files Lawsuit Against Operator ‘0xlaw’ Over $93 Million Loss
Stream Finance’s original team has sued its new operator, Caleb McMeans (alias 0xlaw), alleging mismanagement that caused a $93 million loss and the platform’s collapse. The Dec 8 complaint in the Northern District of California says McMeans ran the protocol as his...
Crypto Highlights: ETFs, Support, Trust, Live Stream
Crypto things you might have missed: -@21shares $XRP ETF hits CBOE -@Gemini adds support $RLUSD on XRPL -Grayscale $TAO Trust hits markets before 1st halving -Buy & sell crypto 24/7 with an @iTrustCapital IRA -NVIDIA CEO on #Bitcoin JOIN THE 10:30 AM LIVESTREAM ON YOUTUBE +...
Major US Banks Now Offer Bitcoin‑backed Credit Lines
Major US banks are now issuing credit backed by Bitcoin Bank of America, JPMorgan, Wells Fargo, Charles Schwab just to name a few FYI, banks don't lend you money against assets they think are going to lose value over time https://t.co/oTkVBkDTfN
Navigate Crypto Taxes and Volatility with DeFi Strategies
The Crypto Tax Playbook and How to Manage Volatility Using DeFi https://t.co/9gVKxTOyuq
JPMorgan Launches First USDC‑backed On‑chain Commercial Paper
Exciting milestone today as @jpmorgan successfully arranged a US Commercial Paper issuance onchain for @galaxydigital, with the issuance and redemption proceeds entirely paid in USDC, representing another market first for the USCP market. https://t.co/MDg717LQLe
Bitcoin May Remain Boring and Sideways for Years
Idk what if #Bitcoin is just boring and mostly sideways for the next couple of years?
Quantitative Easing Returns, Driving Assets Higher
QE is back. Cut rates. Print money. Assets go HIGHER. https://t.co/sFwCr1vde8
21Shares Launches XRP ETF on CBOE
TODAY: The 21Shares $XRP ETF (Ticker: TOXR) is now live on the CBOE exchange
Don't Let Bearish Sentiment Define 2026 Crypto Outlook
Just because everyone is bearish for 2026, doesn't mean the year should be bearish. Just like 2025 was a super bullish year for #Crypto, in general. That worked out well for everyone.
Tommy Lee Forecasts Ethereum Hitting $100,000
Tommy Lee predicts $100,000 ETHEREUM https://t.co/AiU6GSmoNf
BTC Faces $94K Resistance, Awaiting Breakout Before $88K Dip
BTC $94k has established as a key resistance, potential breakout play here. I'd like to see us hold the range a bit before considering $88K breakdown plays. https://t.co/0NLV5Yx88x
Crypto Party 2025 Hits Amsterdam: Into The Cryptoverse
Into The Cryptoverse Party 2025 - Amsterdam https://t.co/sXwVm17U1h
Solana Trades in Clean Range with Occasional Spikes
Solana Relatively flat volume with some outlier spikes into $145 and $123 levels. Clean range, simple to trade. https://t.co/PgQI60Nlct