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
Crypto Drop Wipes Out $370M in Bullish Bets as BTC, ETH Give Back Gains
Crypto markets experienced a massive leverage unwind on Dec 11, 2025, with over $514 million in positions liquidated in a single day. Long bets bore the brunt, accounting for $376 million versus $138 million in short liquidations, highlighting a heavily bullish bias before the reversal. More than 155,000 traders were affected, including a $23.18 million Bitcoin position wiped out on Hyperliquid, while Binance, Hyperliquid and Bybit together represented roughly 72% of the forced exits. Analysts view the long‑side purge as a potentially healthy reset that could lower excess leverage if key technical levels hold.
Satoshi Nakamoto Statue Lands on NYSE in Sign of Changing Times
The New York Stock Exchange unveiled Valentina Picozzi’s sixth "disappearing" Satoshi Nakamoto statue, marking a visible shift toward crypto acceptance on Wall Street. The artwork was installed by Bitcoin‑focused firm Twenty One Capital as it launched trading this week. The NYSE framed the piece...
Australian Regulator Eases Rules for Stablecoins and Wrapped Tokens
Australia’s securities regulator ASIC has granted class relief that removes the need for separate Australian Financial Services licences for stablecoin and wrapped‑token intermediaries. The exemption also authorises the use of omnibus accounts, cutting compliance costs and simplifying record‑keeping. ASIC says...
GOP Hardliners Vexed as Defense Bill Advances without CBDC Ban
The U.S. House approved the $900 billion National Defense Authorization Act (NDAA) without the promised anti‑central bank digital currency (CBDC) provision. Republicans led by Rep. Keith Self had secured a deal to embed a CBDC ban, but the amendment was stripped...
U.S. Senate's Crypto Market Structure Bill Gets Messy as Calendar Weighs Down
Senate Democrats have issued a counter‑offer on the crypto market‑structure bill, accepting much of the Republican framework but insisting on stronger disclosure, secondary‑market safeguards, and ethics rules aimed at officials with crypto ties. The proposal also seeks tighter limits on...
Asia Morning Briefing: Fed Cut Brings Little Volatility as Bitcoin Waits for Japan
Bitcoin held steady above $91,000 after the Federal Reserve’s 25‑basis‑point rate cut, trading in a narrow $91k‑$92k range as Asian markets opened. CryptoQuant data shows a sharp drop in exchange inflows and whales pulling back deposits, reducing immediate sell pressure....
Bhutan Debuts TER Gold-Backed Token on Solana
Bhutan launched TER, a gold‑backed token on the Solana blockchain, issued through the special‑purpose Gelephu Mindfulness City. The token is fully collateralized by physical gold and managed by DK Bank, the country’s first licensed digital bank, which handles issuance, distribution,...
Fed's 2026 Growth Optimism Boosts Bitcoin
Fed optimism for 2026 growth plus a plan to restart $40B/month T-bill purchases initially lifted bitcoin on Wednesday. Steven Ehrlich reports https://lnkd.in/emtr5YJg
Silk Road Bitcoin Wallets Just Woke up, but One Critical On-Chain Detail Defies the Usual Crash Narrative
Analysts identified two Silk Road‑linked Bitcoin wallets that moved 3,421 BTC (about $322 million) in May 2025, routing the funds to a new P2WPKH SegWit address rather than an exchange. A follow‑on consolidation on Dec. 10 added roughly $3 million from over 300 similarly...
Fed Cuts, AI Surge, Bitcoin Sentiment Paradox
I sat down with Jeff Park (@dgt10011) to discuss the Fed’s year-end shift toward rate cuts and easier liquidity, what it means for markets, and why bitcoin sentiment feels so negative despite strong performance. Jeff also digs into how AI...
Traditional Finance May Be Propping up a Bear Market
What if we are in a bear market and traditional finance is keeping the market afloat… https://t.co/1KK1UI8mye
The Casino Never Stops - It Just Evolves
The article observes a stark downturn in crypto markets, with altcoin prices collapsing, meta‑projects dying quickly, and numerous funded ventures shutting down, even as Bitcoin trades above $90,000. It argues that such pessimism is cyclical, noting that history repeatedly shows...
Blocking Bitcoin Indexes Mirrors Past Infrastructure Investment Bans
Our thoughts on digital credit and response to MSCI. Restricting passive index investment in $BTC today would be like restricting investment in oil and oil rigs in the 1900s, spectrum and cell towers in the 1980s, or compute and data...
Crypto Coin Minute for December 11th, 2025 at 09:17 AM Pacific Time.
On December 11, 2025, a new Solana‑based protocol launched a mechanism that bypasses traditional SEC registration, raising questions about legal ownership of tokenized shares. Meanwhile, a Trump‑affiliated crypto platform announced a $1 million reward pool in a Solana meme coin to...
Survey Finds 6 in 10 of Asia’s Rich Plan to Ramp up Crypto Buying
Sygnum’s APAC HNWI Report 2025 reveals that 87 % of Asia’s high‑net‑worth individuals already hold crypto, with an average portfolio allocation of roughly 17 %. More than half of these investors own over 10 % of their assets in digital currencies, and six...
A New Loophole Just Proved You Don’t Actually Own Your Shares – but the Fix Is Already Live on Solana
Superstate has launched Direct Issuance programs that let issuers create SEC‑registered shares on Ethereum and Solana, settling primary sales in stablecoins and recording ownership on the transfer agent’s ledger. The first live deployment tokenized 32,374 Galaxy Digital shares on Solana,...
Bitcoin Briefly Pops Following Fed Rate Cut, Optimistic 2026 Outlook
The Federal Reserve cut its target funds rate by 25 basis points to 3.5‑3.75%, marking the third easing move of 2025 and drawing three dissenting votes. Bitcoin briefly surged to $94,607, its highest since November, before settling at $92,523, up...
Crypto CEOs Join U.S. CFTC's Innovation Council to Steer Market Developments
The U.S. Commodity Futures Trading Commission announced the formation of a CEO Innovation Council to guide derivatives market‑structure reforms, focusing on tokenization, crypto assets and 24/7 trading. The inaugural roster includes crypto‑industry leaders Tyler Winklevoss (Gemini), Arjun Sethi (Kraken) and...
Fed Slashes Interest Rates, but Issues Mixed Forward Guidance
The Federal Reserve lowered its policy rate by 25 basis points to a 3.5%‑3.75% range, but Chair Jerome Powell delivered mixed forward guidance, suggesting only a single cut may occur by 2026. Analysts say the ambiguous outlook is curbing the...
Fed Rate Cut Sparks Mixed Moves in Crypto Markets
The Federal Reserve trimmed its benchmark rate by 25 basis points, marking the third cut of 2025, and the decision sparked mixed reactions across digital assets. Bitcoin edged up 0.5% to $93,488 while Ethereum surged 3.4% to $3,405, yet XRP...
U.S. Banking Regulator Warns Wall Street on 'Debanking,' Claims Practices 'Unlawful'
The Office of the Comptroller of the Currency (OCC) issued a report warning that banks could face penalties for unlawful "debanking" of controversial sectors, including digital‑asset firms, after President Trump’s executive order demanded fair banking access. The review of nine...
Bitcoin's Choppy Future: Vanguard, Tokenization, and 2026 Outlook
What is driving Bitcoin choppiness? In this Unchained episode, Ryan Rasmussen and David Nage join Laura Shin to dive into: 📈 The state of the Bitcoin market 💥 Vanguard's crypto pivot 💡 The impact of tokenization on finance ⚡ Bitwise's...
Integrity Over Profit: Founder Rejects Easy Token Launch
Re @farcaster_xyz's pivot to a wallet: "Kudos to Dan, because at a certain point there, @dwr could have launched a multibillion-dollar token very easily, and could have made a lot of money from it. And he didn't. There's very few...
Binance CEO Had WeChat Hacked by Cellphone Exploit that Likely Leaves Your Own Crypto Exposed
Binance co‑CEO Yi He’s WeChat account was hijacked on Dec. 10 after a recycled phone number enabled a social‑recovery attack. The attackers used the compromised profile to promote a low‑liquidity token, earning roughly $55,000 before the posts were removed. Binance worked...
Tether Launches Privacy-Focused Health Platform with On-Device AI
Tether has launched QVAC Health, a privacy‑focused platform that consolidates data from wearables and wellness apps into an encrypted, offline dashboard. The system uses on‑device AI and peer‑to‑peer model updates to analyze activity, nutrition, and health metrics without transmitting data...
Phantom’s Stablecoin CASH Supply Tops $100M Two Months Post-Launch
Phantom’s wallet-native stablecoin CASH surpassed $100 million in supply just two months after its September 30 launch, driven by a fee‑free Cash Account and a liquidity partnership with Solana’s Kamino. The Cash Account enables instant bank funding, peer‑to‑peer transfers, and debit‑card...
ChronoForge to Shut Down Amid Funding Collapse and Web3 Gaming Turmoil
ChronoForge, a Web3 studio building a multiplayer action RPG with on‑chain asset ownership, announced it will shut down by Dec. 30 after an 80% staff cut and founders self‑financing development since July. The studio’s $3 million token sale failed to sustain operations,...
Fed's Money Printing Revives Risk Assets, Bitcoin to New ATH
The inevitable is happening. The infinite money glitch, also known as the printer, is starting up again. The FED is forced to be buying back treasuries & bills to stimulate the economy. The rates will go down. The DXY will become weaker. Risk-on...
Gemini to Launch Prediction Markets Soon
Prediction markets incoming to @Gemini! https://t.co/ZIaIVZBpLv
A16z Crypto to Open Seoul Office, Hire Sungmo Park to Lead Asia Efforts
Andreessen Horowitz’s crypto venture arm a16z crypto announced the opening of its first Asian office in Seoul, appointing Sungmo Park to head regional operations. The move targets South Korea’s position as the world’s second‑largest crypto market, with high ownership rates...
Gemini Secures CFTC DCM License for US Prediction Markets
We’ve just received a Designated Contract Market (DCM) license from the @CFTC which will allow Gemini to begin offering prediction markets to U.S. customers.
Partnering with $300B IHC on UAE Tokenisation
Excited to be working with IHC, a $300b juggernaut, on tokenisation initiatives in the UAE.
Joined CFTC CEO Innovation Council, Emphasizing Cross‑Sector Collaboration
It’s an honor to be named to the @CFTC CEO Innovation Council. Multi-sector collaboration is critical for effective regulation and responsible innovation, and this is being recognized at the highest levels in the US. Thank you @CarolineDPham for the recognition...
Bitcoin Spikes 2% on Fed Cut, Then Retreats
1/ 🚨 THREAD: Bitcoin Jumped Over 2% on Fed's 25bps Cut, But Gave Up The Gains Despite Bullish Fed Commentary The Fed cut rates as expected and Chairman Powell was hopeful about the economy in 2026 @steven_ehrlich analyzes at @Unchained_pod https://t.co/URo37cn2N1
Earn Better: Forecast Your Income, Join Waitlist
We’ve poured incredible attention into building the best earning experience for everyday users, even letting you forecast your future earnings. Waitlist open: https://t.co/C8YiSlBiwD
Why Great Tech Still Fails to Drive On‑Chain Adoption
If the tech is that great, why don't we have more active users onchain? I went deep with @Austin_Federa on @ValidatedPod to discuss what's really holding back adoption... Give it a listen: https://t.co/duN1njLVFD
Borrow Against Polymarket Positions on Polygon via Morpho
Borrow against Polymarket positions Powered by Morpho Only on @0xPolygon
Verifiable Private AI Ensures Data Confidentiality
I spoke to @semafor for today's newsletter about @near_ai and why private AI is important. Many individuals' and businesses' use of AI is limited by lack of data confidentiality guarantees. We're building AI they can verify. https://t.co/VAUf5wYSj0
Aave Fuels Latam Fintechs, Millions Earn Stablecoin Interest
Aave is powering the Latam fintechs with Embedded DeFi. Hundreds of thousands of Latam users earn interest with Aave trough stablecoins.
Decentralization Alone Won’t Save Social Apps, Farcaster Shows
Why decentralization wasn't enough for a social app to succeed -- @tayvano_ @kaiynne and @LucaNetz discuss why @farcaster_xyz pivoted to being a wallet
Polygon’s Future: Why MATIC Isn’t Dead Yet
Is Polygon $MATIC dead? Here's my take ⤵️ https://t.co/gh0DCZu8Np
From Four-Year Cycles to a Decade-Long Bull Run
Say goodbye to 4 year cycles. Say hello a decade long golden bull run.
Zero Fees Won’t Boost Profits, Fees Earn More
On the @Lighter_xyz vs @HyperliquidX kerfuffle around Lighter's zero fees: "They'll make more money than they could with a fee" -- @tayvano_
Poll: Is Powell's Latest Speech Dovish or Hawkish?
POLL: 🇺🇸Did Jerome Powell’s remarks at the meeting have a dovish or hawkish tone?🔥 $BTC $ETH $SOL $XRP
Emotions Drive Panic Selling, Even at Loss
Remember when people were panic selling $USDT (a stable coin) for 20% loss years back? Crazy the decisions that you make when you're emotional.
DRPK Traders Mimic Typical Retail Flip‑flop on ETH
On DRPK traders on Hyperliquid ... turns out they're "just like us" 😂 "One guy ... in August, he was short ETH and then ETH would just moon, and then he would go long ETH, and ETH would just crash down"...
Huge Swap Profits Fuel Solana Ecosystem Conflicts
"theyr'e going to make 50x more on swaps ... so why they keep coming up with ways to bother other people int eh Solana ecosystem, I'm not sure ..." -- @kaiynne on the @JupiterExchange and its dustup with @kamino
Altcoin Market Update: Insights on LINK, NEAR, SOL, More
New edition of the Rekt Capital Newsletter is live I share an Altcoin Market Update Features analysis on the following Altcoins: $LINK $NEAR $NPC $SOL $XLM $XMR $XRP Sign up to read it here: https://t.co/2GKtCHhvtm #BTC #Crypto #Bitcoin
Powell Sets $20‑25B Monthly QE Baseline, $40B Now
In the presser, Powell suggests $20-$25B monthly balance sheet expansion is new baseline for ample reserves, and they’re doing $40B currently to deal with liquidity issues and to get ahead of April tax day liquidity drain.
Ethereum Beats Bitcoin in Today's Performance
Ethereum is outperforming Bitcoin today. https://t.co/sYa4q0J8UD