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
$3 Million Drained From Yearn Finance’s yETH LST Stableswap Pool
Yearn Finance’s yETH LST stableswap pool on Curve was hit by a flash‑loan attack that minted unlimited yETH shares, draining the pool in a single transaction. The exploit transferred roughly $3 million worth of ETH to the Tornado Cash mixer in 100‑ETH batches, pushing yETH’s price near zero. Yearn confirmed that its V2 and V3 vaults were not compromised, but the incident highlights a critical flaw in the pool’s dynamic exchange‑rate logic. The full financial impact remains uncertain as the market assesses the fallout.
CoinShares Withdraws XRP, Solana Staking and Litecoin ETF Filings
CoinShares announced the withdrawal of three pending filings: a spot XRP exchange‑traded product, a Solana staking offering, and a Litecoin‑based ETF. The moves come as the U.S. Securities and Exchange Commission intensifies scrutiny over digital‑asset securities and market volatility spikes....
Hacked Down: Crypto Daybook Americas
Bitcoin slipped 5% to $85,516, pulling the CoinDesk 20 and 80 indices below the 6% mark as risk‑off sentiment spreads across the crypto market. The decline is tied to fresh concerns over a potential Bank of Japan rate hike and...
Staying Honest About Bear Market, Even If Unpopular
Guy in comments: "IVAN YOU ARE BEARISH JUST FOR CLICKS!!!" bro since oct 8th im warning about the bear AND I LOSE SUBSCRIBERS DAILY FOR TELLING THE TRUTH LOL (screenshot from todays stream) everyone wants to hear about fast V-shape recovery, ppl dont...
CNBC Veteran Jay Yarow Joins CoinDesk to Expand Media and Events
Bullish appointed CNBC veteran Jay Yarow as President of CoinDesk Insights, the media and events arm of its digital‑asset platform. Yarow replaces Sara Stratoberdha, who moves to another executive role within Bullish, and will oversee expansion of CoinDesk’s global media,...
Israel’s Central Bank Signals Improved Stablecoin Oversight as Digital Shekel Plans Advance
Bank of Israel Governor Amir Yaron announced that Israel will move to active oversight of stablecoins, citing their $300 billion market cap and over $2 trillion in monthly transaction volume. He warned that the sector’s concentration—99% of activity tied to Tether and...
Bitcoin Bottom Forms, ETH Set to Outperform Soon
Whatever reason took down the markets again, the sentiment remains the same. #Bitcoin forming a bottom formation takes a bit of time before it's finalized. Once that is done, I expect $ETH to outperform the markets. When? I think we'll start to see...
$150B Wiped: Bitcoin Drops Below $87k on Japan Yield Shock
Bitcoin slipped below $87,000 in early Asian trading on Dec. 1, wiping roughly $150 billion from its market value. The drop followed a sharp rise in Japanese government bond yields, which sparked a risk‑off wave across low‑volume crypto markets. BTC fell about...
Crypto ETPs Snap 4-Week Slide with $1B Inflows as XRP Posts Its Best Week
Crypto exchange‑traded products (ETPs) attracted $1.07 billion of net inflows, snapping a four‑week streak of outflows. The surge was led by renewed buying in Bitcoin and Ethereum ETPs following the launch of several U.S. spot Bitcoin ETFs. Meanwhile, XRP recorded its...
Japan to Cut Crypto Tax Burden to 20% Uniform Rate in Boost for Local Bitcoin Traders
Japan will introduce a uniform 20% tax on cryptocurrency gains, aligning digital assets with equities and investment trusts. The new rate replaces the current progressive structure that can reach 55%, and will be split 15% to the national government and...
Bitcoin Poised to Retest Resistance, Eyeing $100K
Typical move on the markets for $BTC. Just on the clock, a new month starts, algorithms are activated, and the price is lower. Liquidity is significantly low. Why? Because a ton of market makers got hammered on 10/10. Nothing changed in the price...
#496: Jordan Jefferson, Founder of DogeOS, The Evolution of Dogecoin From Culture to Real Economy, and The Future of Memecoins
In this episode, Jordan Jefferson, founder of DogeOS and head of the MyDoge wallet, explains how Dogecoin is shifting from a cultural meme to a functional economic asset by enabling idle DOGE to earn yield through gaming and consumer apps....
Interoperability: Crypto’s Unstoppable Network‑Effect Business Model
Network effects or bust. The best business model in crypto is and always has been interoperability. Interop sounds like a tired category right now because of the boom (and subsequent consolidation) of so many projects classed as "interop" protocols over the...
Ripple Labs Gets Nod to Expand Payment Activities in Singapore
Ripple Labs secured approval from the Monetary Authority of Singapore to broaden the scope of its Major Payment Institution licence, allowing the firm to offer a wider range of regulated digital payment token services. The expanded licence covers its stablecoin...
Grayscale to Launch US’s First Spot Chainlink ETF via Trust Conversion
Grayscale announced it will launch the United States' first spot Chainlink (LINK) exchange‑traded fund next Tuesday. The product results from converting Grayscale’s existing Chainlink trust into an ETF, following recent SEC greenlights for crypto‑based funds. The new ETF will trade...
$25B Crypto Lending Market Now Led by ‘Transparent’ Players: Galaxy
The crypto lending market surged to nearly $25 billion in Q3, a 200 % increase since early 2024, driven by a wave of more transparent CeFi platforms. Tether now commands roughly 60 % of the CeFi loan book with $14.6 billion, while Nexo and...
Bitcoin Drop Ends Up Liquidating $500M Bullish Bets in Early Asia Trading
Early Asian trading on Monday saw a cascade of forced liquidations that erased roughly $646 million in leveraged crypto positions. Binance, Hyperliquid and Bybit each suffered over $160 million in liquidations, with long traders accounting for nearly 90 % of the total. Bitcoin...
Dogecoin Slumps 9% Amid Bitcoin Weakness. Is a Larger Dump Coming?
Dogecoin slumped nearly 8% after its key support at $0.1495 collapsed, triggering a high‑volume sell‑off that pushed the token toward monthly lows. The newly launched Grayscale and Bitwise DOGE ETFs attracted only $2.16 million in inflows, far below expectations for institutional...
Bitcoin's Monthly MACD Flashes Red: Echoes of Past Bear Markets
Bitcoin’s monthly MACD histogram crossed below zero in November, delivering its first bearish signal since 2012. The flip coincided with a 17% price drop, ending the brief rally that began near $20,000. Historical data shows similar MACD turn‑offs preceded deep...
Data‑Driven Analysis Beats Noise in Crypto Debates
I posted a bearish thesis on $ZEC when price was around $600 with analysis and data; willing to be wrong but at least I had a valid argument backed by my own assessment of data that I shared; open to...
China To Intensify Crackdown on Virtual Currencies, Including Stablecoins: Report
China's top regulators reaffirmed that virtual currencies, including stablecoins, have no legal status and any related activity is deemed illegal financial operations. The People’s Bank of China warned that stablecoins lack proper KYC and AML controls, heightening money‑laundering and cross‑border...
David Sacks Calls NYT Report on Conflicts of Interest a ‘Nothing Burger’
White House AI and crypto adviser David Sacks dismissed a New York Times report alleging conflicts of interest as a “nothing burger.” The Times claimed Sacks retained hundreds of tech investments, including AI and crypto holdings, and that Craft Ventures...
Asia Morning Briefing: Bitcoin Slides on Japan Bond Spike and BOJ Hike Bets
Bitcoin slipped below $87,500 in Asian trading as Japan’s two‑year bond yield surged to 1.01 %, the highest since 2008. The yield spike, driven by speculation that the Bank of Japan may raise rates, strengthened the yen and triggered risk‑off selling....
Bitcoin Crashes 5% in ‘Sunday Slam’ as Liquidations Surge
Bitcoin slumped nearly 5% on Sunday, trading at $86,950, and triggered $539 million in liquidations across roughly 180,000 accounts. The sell‑off occurred without a clear news catalyst, highlighting the recurring Friday‑Sunday volatility pattern in crypto markets. Long positions bore the brunt,...
Bitcoin, Ether, XRP Slide as December Begins With 'Yearn Incident'
Major cryptocurrencies opened December lower as a DeFi incident at Yearn Finance rattled markets. Bitcoin slipped over 3% to around $87,000, while Ether dropped 5% and other tokens such as SOL, DOGE, and XRP fell more than 4%. The trigger...
Monetizable Fees, Not Theory, Define Crypto Moats
Crypto industry is struggling to define what a "moat" is for open-source systems. It’s really hard It reminds me of when I was investing in open source back in the day. Most VCs didn’t believe you could monetize it until IBM...
ZEC Slides 50% to Test $295 Support
$ZEC is down 50% from the high as the correction deepens 🚨 The $295 area is where it last tested strong S/R https://t.co/P7Psd6GNGH
Bitcoin's Lower High Signals Potential Downtrend
Bitcoin just put in a lower high. Will the market go lower? Here's my full analysis on how to trade crypto this week: https://t.co/QSbaTV5tbC
Holding Crypto in a Bear Market: My Reasoning
why i keep part of portfolio in crypto despite the bear
Over 1,000 BTC Staked on Starknet in One Month
More than 1,000 BTC were staked on Starknet in the past month. It's been only 2 months since we launched BTCFi, and it's clearer than ever: BTC holders want to do more than HODL. Starknet will make sure they can. Not investment...
Czech Central Bank Chief Touts Bitcoin as Low‑correlation Gold
UPDATE 🚨 Czech National Bank governor just said: “Bitcoin’s advantage is its low correlation with other assets; it fits a large portfolio similar to gold.” https://t.co/V2pffoTwYT
Ethereum Holds Steady as Bitcoin Bottoms, Set to Outperform
In the meantime; $ETH is nicely consolidating. Even though #Bitcoin crashes down quite a lot, $ETH is remaining flat against Bitcoin. That's a strong sign. Bitcoin bottoming and Ethereum is likely to outperform. https://t.co/CRif9O1OqX
Powell Speaks, QT Ends—Brace for Market Volatility
REMINDER 🚨 Powell speaks tonight at 8:00 PM EST and QT officially ends today. Expect volatility! https://t.co/rcFd8WZvki
Bitcoin CME Gap Closed Quickly on Price Drop
The #Bitcoin CME gap didn't stay open for long. It got closed on the drop 📉 https://t.co/nG7iwApR40
Zero Maker Fees, Half Taker Fees on Spot Trades
ZERO FEES! 0 maker fees and 50% off taker fees on all spot trading pairs during the campaign period. All the details for this @BloFin_Official offer are here 👉 https://t.co/QG93r45zvr DYOR, trading involves risk. https://t.co/9qzA2BF20A
Earn Up to 15% APY Weekly with Phemex BTC Vault
It's claim day again! With @Phemex_Official’s BTC Vault: • Earn weekly BTC (up to 15% APY) • No lock-up, stay liquid • Claim every Monday Exclusive via my link 👇 👉 https://t.co/hfXIWUUXpn Crypto trading is high risk. Capital at risk. T&Cs apply.
Saylor Predicts Bitcoin’s Temporary Dip Before New ATH
BULLISH 🚨 MICHAEL SAYLOR JUST TOLD FOX “THE DIP IS TEMPORARY AND BITCOIN WILL HIT A NEW ALL-TIME HIGH SOON.” IT’S COMING! https://t.co/JLNK6Ql3Wf
Predicted Bitcoin Bearish at $125k, Feels Alone
I’m the only one who said on Oct 8th that Bitcoin is bearish at $125,000 lol how am I only selling the dream 🤣 https://t.co/zmAo0kvdjX
Trump Urges Holding Bitcoin, Warns Against Selling
BULLISH 🚨 PRESIDENT TRUMP JUST SAID “NEVER SELL YOUR BITCOIN!” https://t.co/Qs7fr8p7uX
Bullish Wave Hits Bitcoin, Ethereum, Zcash, Starknet
Bullish on Bitcoin Bullish on Ethereum Bullish on Zcash Bullish on Starknet Bullish on ZK
Crypto Market Loses $40 Billion in Hours
UPDATE 🚨 OVER $40BN HAS BEEN WIPED OUT FROM THE CRYPTO MARKET IN A MATTER OF HOURS https://t.co/sRISNByhzs
Bitcoin Slides as BOJ Signals December Rate Hike
$BTC dumped cause BOJ put Dec rate hike in play. USDJPY 155-160 makes BOJ hawkish. https://t.co/lG47l5cbCA
Saylor: Bitcoin at $1 Won’t Force MicroStrategy Liquidation
LATEST 🚨 Michael Saylor just said “Bitcoin could go to $1 and MicroStrategy would still not get liquidated, they will just keep buying more!” https://t.co/5BgZDexjBa
Lower Block Times Boost L1 Usage
This is very clearly the case Don’t even need to frame it as a hypothetical If we want to increase L1 usage, lower the block times
ZEC Bulls Calm Down; Offering Unbiased Market Analysis
Suddenly the $ZEC bull crowd is not so obnoxious and annoying. I'm not here to FUD charts. I'm here to provide unbiased analysis and hopefully help some people be able to better navigate the markets. 🤝
ZEC Mirrors BNB
$ZEC Pretty straight forward. Gave you a blue print of exactly what was going to happen to this one. Following in $BNB's footsteps after parabola breakdown. Very simple stuff. https://t.co/P8P6wEPJgr
ZEC Price Continues Its Downward Slide
$ZEC Down it goes... https://t.co/z7B49TGKxN
Bitcoin Poised to Rally as QT Concludes
Bitcoin and the end of Quantitative Tightening https://t.co/T5T9VPuUZe
Speaking at Binance Blockchain Week in Dubai
I will be speaking at Binance Blockchain week in Dubai https://t.co/pQP9L93vdu
Vitalik Flips Stance: L2s Now Discouraged
@VitalikButerin unbelievable you told people to go to L2s before and now you're telli.g them to go back