Today's Crypto Pulse
Bitcoin crashes below $65K, sparking $1.86B liquidations
On June 3, Bitcoin slipped under the $65,000 psychological level, triggering a 12% weekly decline. The drop wiped out $1.86 billion in leveraged futures positions and coincided with Michael Saylor’s sale of 32 BTC worth about $2.5 million. Spot Bitcoin ETFs saw $2.97 billion of outflows over ten sessions, deepening market pressure.
Also developing:
By the numbers: Strive acquires 2,500 Bitcoin for $185.2M
Bitcoin’s Death Cross Confirmation Could Mean BTC Is Officially in a Bear Market
Bitcoin has confirmed a technical “death cross” as its 50‑day moving average fell below the 200‑day average, coinciding with a close below the 50‑week EMA and a slide to a six‑month low of about $80,500. Analysts note that every Bitcoin cycle to date has been preceded by a death cross, which historically led to 64‑71% price declines. On‑chain data shows realized losses exceeding $800 million for short‑ and long‑term holders, the highest since the 2022 FTX collapse, indicating heavy capitulation by short‑term traders. The confluence of these signals suggests the crypto market has entered a bear phase, with price targets projected toward the April low around $74,500.
Anchorage Digital Adds HYPE Staking Support Through Figment Partnership
Anchorage Digital announced that it will offer HYPE staking on HyperCORE through a partnership with validator infrastructure provider Figment, extending its regulated custody and DeFi services to the Hyperliquid ecosystem. The staking service will be available via Anchorage Digital Bank,...
People Prefer Digital Banks over Crypto Wallets: Can a 9% Return on Holdings Change Reality?
A recent Mercuryo and Protocol Theory study finds that only 13% of the U.S. public consider Web3 crypto wallets intuitive, while 65% already use digital wallets for payments, capturing 39% of e‑commerce and 16% of in‑store transactions. Traditional digital wallets...
Regulating Prediction Markets Stalls Without Clear Futures Definition
On DEX in the City, Katherine Kirkpatrick Bos argues that the question of who should regulate prediction markets and whether it is gambling rests on the definition of futures. 🧐 The kicker? She says the Commodities Exchange Act does not...
NFT Lending TVL Nears All-Time Lows
The NFT lending market has collapsed to roughly $8.3 million in total value locked (TVL), a 97% drop from its March 2024 peak of over $300 million, according to DefiLlama. Leading platforms have seen dramatic declines: Arcade’s TVL fell to about $300,000...
Ex-Coinbase Lawyer Announces Run for New York Attorney General, Citing Crypto Policy
Former Coinbase policy counsel Khurram Dara has officially launched a campaign to challenge incumbent New York Attorney General Letitia James in the 2026 election, running as a Republican. Dara, who previously led regulatory and policy work at Bain Capital Crypto...
Japanese Bitcoin Treasury Firms Keep Beating BTC. Tax Policy Makes Outperforming U.S. Peers the Easy Part
Japanese digital‑asset treasury (DAT) companies listed on the Tokyo Stock Exchange are consistently trading at premiums to the underlying Bitcoin price, driven by Japan’s punitive crypto tax regime. Crypto gains are taxed as miscellaneous income at rates up to 55%...
Bitcoin MAX PAIN at $73k (Worst Crypto Month)
The episode analyzes Bitcoin's severe downturn, highlighting that the current bull cycle may see its "max pain" level around $73,000, marking one of the worst months for the cryptocurrency. The host discusses chart patterns, market sentiment, and potential tax implications...
Coinbase Fuels ICO Resurgence: What's Different Now
ICOs are making a comeback with help from the likes of Coinbase. 🚀 Vy Le explains what has changed since the previous boom #crypto #cryptopodcast #ICOs
Fanatics Enters Prediction Markets via Crypto.com Partnership
Sports merchandiser Fanatics announced a partnership with Crypto.com to launch a prediction‑markets platform within the next few weeks, according to CEO Michael Rubin on CNBC. The service will allow users to wager on outcomes of events such as sports, elections...
Bitcoin ASIC Producer Bitmain Under US Investigation over National Security Risks: Report
U.S. authorities have opened a federal probe, dubbed “Operation Red Sunset,” into Chinese Bitcoin mining hardware maker Bitmain over concerns that its ASICs could be remotely controlled for espionage or sabotage of the power grid. The investigation, led by the...
Bitcoin Drops as Yen Falls, Canada Approves Stablecoin Rules: Global Express
Japan approved a ¥21.3 trillion ($135 billion) stimulus package aimed at easing inflation, prompting concerns that increased bond issuance will further weaken the yen and could force the Bank of Japan toward a rate hike, pressuring Bitcoin lower. Meanwhile, the crypto‑themed PubKey...
SKY Money – The New MKR
Jesse explains that MakerDAO’s Endgame has materialized as Sky Money, rebranding DAI to USDS and MKR to SKY while keeping the same collateralized‑stablecoin engine. The new UX and modular SkyLink rails aim to make the system usable for everyday users,...
Premium Investor Report #481
Lark Davis’s Premium Investor Report #481 highlights macro liquidity trends—massive stimulus in China, US treasury issuance, and record M2—as a catalyst for Bitcoin’s next rally, while offering portfolio updates (more Solana, AI‑heavy stocks) and a shift from altcoins to equities....
GSR Expands Institutional Platform to Raise Transparency, Control in Crypto Trading
Crypto liquidity provider GSR has expanded its institutional platform, GSR One, into a unified trading and treasury system that combines market making, systematic OTC trading and treasury management. The upgrade delivers real‑time order‑book depth, custom analytics, programmatic execution tracking, enhanced...
Crypto Crash Mirrors Past; Sharp Rebound Likely Ahead
Utterly brutal crypto markets with relentless, rapid positions unwinding and rumours swirling after 10/10 of impaired market maker balance sheets leading to less liquidity and someone blowing up. It reminds me a lot of 2021 when in a 4 week period...
Can Bitcoin Really Be a Store of Value? What Pension Funds Are Starting to Discover
Pension funds are beginning to treat Bitcoin as a potential store‑of‑value asset, citing its capped 21 million supply, global 24‑hour liquidity and digital durability that parallel gold’s traditional attributes. While regulators, volatility, cybersecurity and limited performance history remain concerns, funds such...
Bitcoin Crash Sparks $2B Liquidations Amid Crypto Funding Surge
In today’s Unchained Daily newsletter: • 🔻 Bitcoin selloff triggers $2B in liquidations • 🏦 Coinbase lets users borrow big against ETH • 🚀 MegaETH caps USDm pre-deposits at $250M • 🤑 Kalshi doubles valuation to $11B in months 📈...
APriori Denies Insider Role as Mysterious Entity Claims Most of APR Airdrop
Web3 startup aPriori said it had no involvement in a suspicious airdrop activity in which a single entity claimed roughly 60% of the APR token distribution across 14,000 linked wallets, a pattern identified by analytics firm Bubblemaps as a Sybil‑style...
Memecoin Market Sinks to 2025 Low as $5B Wiped Out in a Day
The memecoin market plunged to its lowest valuation since early 2025, with combined market cap falling to $39.4 billion—a $5 billion loss in 24 hours and a 66.2% drawdown from the Jan. 5 peak of $116.7 billion. The sell‑off occurred despite a 40% surge in...
Snipers Made $1.3M on Jesse Pollak’s Creator-Coin Debut on Base
Two automated traders, known as snipers, extracted more than $1.3 million in profit by exploiting Base’s newly introduced “flashblocks” micro‑block system during the debut of Jesse Pollak’s creator‑coin, JESSE. The 200‑millisecond flashblocks let bots spot the token‑deployment transaction and submit high‑fee...
Weekly Roundup 11/21/25 (Quantum FUD, DAT Hangover, Stablecoin Duration Risk) (EP.686)
Matt and Nic dissect a wave of quantum‑related fear, noting that prominent figures like Ray Dalio, Scott Aaronson, and Vitalik Buterin warn that quantum computing could threaten Bitcoin, while exploring potential upgrade paths and market reactions. They also review the...
Indian Women 25‑30 Lead Crypto Investment Surge
Glad to see this trend pick up: More and more women are learning about crypto and becoming active investors in India! > Women aged 25-30 now form the largest segment of female crypto investors. > Other age groups are active...
Indian Women 25-30 Lead Crypto Investment Surge
Glad to see this trend pick up: More and more women are learning about crypto & becoming active investors in India! >Women aged 25-30 now form the largest segment of female crypto investors. >Other age groups are active too. >Women are mainly...
SoftBank’s PayPay Changes the Game for Binance Japan Users
SoftBank-owned PayPay is integrating its PayPay Money e‑money service with Binance Japan, allowing users to fund crypto purchases and withdraw crypto directly to PayPay Money with a minimum transfer of 1,000 yen. The integration follows PayPay’s 40% stake acquisition in...
Yen Slump Is Bullish for BTC and Risk Assets. Or Is It?
The Japanese yen has plunged to a 157.20 per‑dollar low, sparking expectations of Bank of Japan intervention and raising questions about its traditional role as a cheap funding currency for risk‑on trades. While a weak yen historically fuels carry‑trade flows...
Bitcoiners Lose Their Mind After Scott Bessent Walks Into a Bitcoin Bar
U.S. Treasury Secretary Scott Bessent made an unannounced appearance at the opening of Pubkey, Washington’s first Bitcoin‑themed bar, prompting enthusiastic reactions from the crypto community. Bessent, viewed as crypto‑friendly after supporting recent digital‑asset legislation and exploring a strategic Bitcoin reserve,...
Trader vs Protocol: Priorities, ICO Evolution, Crypto Risks
The trader or the protocol? Which should take priority? On Unchained's Uneasy Money, hosts Kain Warwick, Taylor Monohan & Luca Netz dissect: 📽 How the new ICO meta compares to the old days 💡 What it takes for founders to...
Asia Morning Briefing: ZEC's Rally Outpaces What Transparent Onchain Data Can Explain
Zcash (ZEC) has outperformed Bitcoin and Ethereum this year, but transparent on‑chain metrics show no broad user‑base expansion. The only visible transaction surge came from the short‑lived Zerdinals inscription wave, which pushed daily transparent transactions above 70,000 before reverting to...
Bitcoin Won’t Hit $200K Until Q3 2029: Veteran Trader Peter Brandt
Veteran trader Peter Brandt warned that Bitcoin is unlikely to reach $200,000 before the end of 2024, projecting the next bull market to push the cryptocurrency to that level around Q3 2029. His timeline contrasts sharply with more aggressive forecasts from...
ANPA Commits $50M to Power Open Campus EduFi
Today marks a milestone for decentralized education and for the growing global community that believes in a freer, fairer, and more equitable knowledge economy: Rich Sparkle Holdings Limited, known as ANPA (Nasdaq:ANPA), has announced that it will purchase at market...
Secp256k1 Could Be Broken Within the Next Decade.
@Travis_Sch @pauli_group @evolutionQinc In the report you shared, experts estimate that breaking RSA-2048 in 24h is 15–30 years away. secp256k1 should be easier to break, and there’s no 24h (or any other) time constraint for exposed Bitcoin pubkeys. With this in mind,...
Tom Lee Speculates Wounded Market Makers Behind Crypto Crunch
Tom Lee, chairman of BitMine and co‑founder of Fundstrat, told CNBC that the recent crypto market slump is likely driven by balance‑sheet holes at market makers that were exposed by the Oct. 10 crash, which liquidated roughly $20 billion. He said the...
BlackRock's Digital Assets Head Warns $20B Liquidation Hangover
"We're still in a natural hangover from what was an ugly, ugly episode on October 10th, we can't brush that aside. $20 billion in liquidations..." - Robert Mitchnick Don't miss this interview with BlackRock's Global Head of Digital Assets https://lnkd.in/gFSbQMeM
Nostalgic Call to Revisit Aztec Podcast with Bankless
i was doing @aztecnetwork research and i found this podcast @Zac_Aztec and @jaosef looking like toddlers with baby face @TrustlessState it's really been 5 years hasn't it come on @bankless and let's run this back for the nostalgia? https://t.co/9oMc5bsBsd
Crypto Coin Minute for November 21st, 2025 at 05:15 AM Pacific Time.
The post highlights three recent crypto-related news items: a UK fraud investigation into a collapsed $28 million crypto fund resulting in two arrests, Bitcoin slipping below $90,000 which raises fears of further price drops, and a $2 trillion reversal in the S&P 500...
AI Threat Exposes AML/KYC Weakness; Adopt ZK and Signatures
AML/KYC is broken now with today’s technology. Trads worried about a quantum attack years down the road - what about the AI attack that’s now? Need zk and digital signatures. https://t.co/0g2XitTjdW
StUSDS APY Spikes to 8.92% After Utilization Hits 100%
stUSDS APY to 8.92% After a long period of very low rates due to low utilization, a large withdrawal from stUSDS has sent utilization to 100% and made the supply rate go to almost 9% https://t.co/bGm6hbZIJN
Tether’s Gold Hoard Surges to 116 Tons, Rivals Small Central Banks
Jefferies reports that stablecoin issuer Tether has amassed at least 116 tons of gold, making it the largest non‑sovereign holder and comparable to small central banks. The bullion, valued at roughly $15 billion, includes 12 tons backing its XAUt token and 104 tons backing...
Bitcoin Near Bottom;
$BTC undershooting decline in $ liq. Bottom is near, but be patient before blowing your load. Wait for US stonks to puke as well. We are playing for more money printing, and for that we need AI tech stocks to...
Secp256k1 Might Be Cracked Within a Decade
@xyzdkfe Experts estimate that breaking RSA-2048 in 24h is 15–30 years away. secp256k1 should be easier to break, and there’s no 24h (or any other) time constraint for exposed Bitcoin pubkeys. With this in mind, when do you think this could happen?...
MegaETH Announces $250 Million Pre-Deposit Campaign
Ethereum Layer‑2 project MegaETH will launch a limited‑access pre‑deposit bridge on November 25 for users who registered for its ICO via Sonar, allowing unlimited USDC deposits that will be minted into the native stablecoin USDm in partnership with Ethena. The...
Embracing Forward Momentum at Binance Blockchain Week
"Moving forward" is the only path worth considering -- excited to join this outstanding group at @Binance Blockchain Week in Dubai. https://t.co/DeZ7IFbnUR
Nano Banana Pro Now Available for Purchase
Nano Banana Pro now on https://t.co/m2jsJuCX8k https://t.co/j4ruNkOuBn
Crypto Lobbyists Pitching Trump on Getting Things Done During Congress' Uncertainty
More than 60 crypto industry groups, led by the Solana Policy Institute and joined by the Blockchain Association, Digital Chamber, Crypto Council for Innovation and firms such as Uniswap, Paradigm and FalconX, sent a letter to President Donald Trump urging...
Ex-Prosecutor Denies Promising Not to Charge FTX Executive's Partner
U.S. attorney Danielle Sassoon testified that her team would likely cease investigating former FTX Digital Markets co‑CEO Ryan Salame if he pleaded guilty, a statement she made during an evidentiary hearing in the Southern District of New York. Salame received...
SEC to Hold Privacy and Financial Surveillance Roundtable in December
The U.S. Securities and Exchange Commission’s Crypto Task Force has scheduled a privacy and financial surveillance roundtable for Dec. 15, bringing together crypto executives and regulators to discuss industry pain points without committing to policy changes. The meeting comes amid...
Dinari Integrates LayerZero to Offer Cross-Chain Access to Tokenized U.S. Equities
Dinari announced the integration of LayerZero’s Omnichain Fungible Token (OFT) protocol, allowing its tokenized U.S. equities—called dShares—to be traded and settled across multiple blockchains. The rollout initially spans four chains and 200 U.S. stocks, backed 1:1 by the underlying securities,...
Prioritize Quantum-Resistant Security Over Other Development Tasks
This screenshotted part is the important part for builders like us, deciding how to prioritize our work between quantum-computer-resistance and other needs. But read the whole post--it is delightful, funny, and full of truth that I wish more people saw....
Polymarket Seeks $12 Billion Valuation After Record-Breaking Month
Polymarket is pursuing a new funding round that would value the decentralized prediction‑market platform at $12 billion after posting record trading volumes of over $3 billion in October and an expected $3.5 billion in November, driven in part by the NYC mayoral election...