Today's Crypto Pulse

Bitcoin slides below $70k as energy‑price worries spark $1.8B in liquidations
Bitcoin fell under $70,000 amid heightened energy‑price uncertainty linked to U.S.–Iran tensions. The dip triggered roughly $1.8 billion in crypto liquidations, while institutional investors pulled more than $4.2 billion from digital‑asset positions.
Also developing:
By the numbers: Strive acquires 2,500 Bitcoin for $185.2M

OpenTrade Raises $17 Million to Meet Stablecoin Infrastructure Demand
OpenTrade, a UK‑based stablecoin infrastructure platform, closed a $17 million strategic round, bringing its total capital raised to over $30 million. The funding, led by Mercury Fund and Notion Capital with participation from a16z crypto, AlbionVC and CMCC Global, gives the firm runway to scale amid surging demand for yield infrastructure. OpenTrade reported total value locked surpassing $200 million and processed more than $300 million in transactions in the first four months of 2026, with a $1 billion annual run‑rate projected. The company is expanding permissioned and permissionless solutions for fintechs, neobanks and DeFi players, plus its Curation+ vault service.

The Time Is Now: The Senate Must Act on Crypto Market Structure Legislation
The GENIUS Act’s stablecoin framework sparked a 49% surge, lifting the market to $306 billion in 2025 and drawing institutional capital back to the United States. Building on that momentum, the Senate Banking Committee is poised to advance the CLARITY Act,...

Bermuda Pushes Stablecoin Payments with USDC Airdrop as It Courts Crypto Firms, Regulators
Bermuda is expanding its on‑chain economy by airdropping USDC to residents and onboarding merchants to accept stablecoin payments. Premier David Burt announced the initiative at Consensus Miami, emphasizing lower transaction costs and greater financial inclusion for small businesses. The program...

NEAR Gains Momentum, Poised for New BTC‑Pair Highs
$NEAR is heating up for more momentum technically. For the first time in a long time, it's creating higher highs, higher lows on the $BTC pair. On top of that, the 21-MA is crossed on multiple timeframes indicating that we'll see more...

Crypto Bill Won't Move without a Ban on Officials' Industry Ties, Says U.S. Senator Gillibrand
U.S. Senator Kirsten Gillibrand warned that the Digital Asset Market Clarity Act will not advance in the Senate without an ethics provision barring senior officials from holding crypto interests. The clause, aimed largely at potential conflicts involving former President Donald...

Leveraged ETFs: Trade, Don't Hold—Use Spot for Long-Term
Leveraged ETFs are built for trading, not holding. A 2x XRP ETF compounds losses on the way down just as fast as it compounds gains on the way up. People who bought it at launch and held are already down....

ZEC Surges 40% After Recent Bull Flip
ZCash $ZEC up almost 40% since the bull flip 2 days ago 🚀🚀 Bull flips allow for the best risk reward entries in real time enabling you to grow capital, protect it (sell if bear flip), and compound by deploying into...

Cryptominer Mawson Rebrands as Big Digital Energy, Signs 75MW Colo Deal with Endeavor
Big Digital Energy, formerly Mawson Infrastructure Group, announced a rebrand and a new colocation agreement with an Endeavor affiliate. The deal will deliver roughly 75 MW of compute capacity and about 25,000 mining computers, operating under a 50/50 profit‑sharing model. Endeavor...

Kevin O’Leary Says Wall Street’s Tokenization Boom Is All Talk without Crypto Rules
Kevin O’Leary told investors at the Consensus conference in Miami that Wall Street’s token‑ization hype will stall until Congress enacts comprehensive digital‑asset regulations. He highlighted the GENIUS Act’s rapid stablecoin adoption as proof that clear rules unlock institutional participation. O’Leary...
Strategy DUMPING Bitcoin
In this episode of Discover Crypto, hosts dissect Bitcoin’s 200‑day moving average, short‑term chart patterns, and whether the recent bear market has ended, while also reacting to Michael Saylor’s unexpected Bitcoin sale. They analyze altcoin momentum, especially Zcash’s surge and...
Coinbase Slashes 14% of Staff, Cites AI, CEO Armstrong Says
Coinbase CEO Brian Armstrong announced a 14% cut—roughly 700 employees—citing a volatile crypto market and rapid AI adoption. The layoff package includes at least 16 weeks of base pay plus seniority bonuses, while the company flattens its hierarchy to five...
Fasset and Tether Unveil Gold‑Backed Visa Card with 6% Cashback
Fintech platform Fasset and stablecoin issuer Tether have introduced a Visa‑network neobank card that pays up to 6% cashback in XAU₮, Tether’s gold‑backed digital asset. Tether is allocating up to $1 million in XAU₮ to fund the rewards program, signaling a...
Securitize Gains FINRA Approval, Launches Fully On‑Chain Regulated Trading for Tokenized Equities
Securitize received expanded FINRA approval for its broker‑dealer subsidiary and, together with Jump Trading and Jupiter, launched a fully on‑chain, regulated market for tokenized equities. The move consolidates custody, settlement and liquidity under a single regulated framework, aiming to accelerate...

DeFi Protocol Kelp DAO Pivots to Chainlink CCIP for Stronger Cross-Chain Security
Kelp DAO announced it will replace LayerZero with Chainlink’s Cross‑Chain Interoperability Protocol (CCIP) as the backbone for its rsETH bridge. The move follows an April 18 exploit that drained about 116,500 rsETH, roughly $292 million, highlighting vulnerabilities in LayerZero’s messaging layer. CCIP’s...

Crypto Long & Short: In Quiet Crypto Markets, Yield Is the Trade
Crypto markets have been unusually quiet, prompting investors to shift from price speculation to yield‑focused strategies such as options and structured products. Maxime Seiler notes that despite weak token prices, institutional adoption is accelerating, with banks and custodians building the...

NAORIS Gains Momentum with Quantum‑Resistant On‑Chain Solution
$NAORIS is gaining momentum as price starts to go up. They are building a quantum-resistant layer from scratch, which inevitably is required to becoming a solution for the future of on-chain transactions. Of course, it's not clear whether they'll be a winner,...

The Legal Risks and Practical Considerations of Digital Asset Blacklisting
U.S. prosecutors are increasingly requesting voluntary freezes of digital assets, bypassing traditional seizure warrants. The GENIUS Act obliges stable‑coin issuers to freeze or blacklist wallets at government request, shifting the burden of proof to asset holders. Holders must quickly assemble...

ICP + INJ + JASMY
The post reviews three cryptocurrency assets—Internet Computer (ICP), Injective Protocol (INJ) and Jasmy (JASMY)—through cycle positioning and Elliott Wave analysis. The author notes that none of the assets have experienced structural changes since the April 15 review, enabling more frequent updates...

Royco - DeFi's Risk Waterfall
Royco Dawn, launched in April 2026, introduces a risk‑tranching layer to DeFi yield sources by splitting deposits into Senior and Junior positions. The Senior tranche enjoys a contract‑defined protection buffer, while the Junior tranche absorbs first‑losses and earns a higher...

CFTC Chair Michael Selig Signals Push for Formal Regulations Clarifying Broker Registration for Software Developers
The CFTC announced plans to issue formal rules clarifying when developers of non‑custodial software must register as brokers or associated persons. The move follows a 2026 no‑action letter to Phantom Technologies, which exempted the popular self‑custodial wallet under strict conditions....

Stablecoin Industry Opposes Bank of England’s Unhosted Wallet Ban
The Bank of England is considering a ban on unhosted wallets for stablecoins, arguing it protects credit availability and financial stability. Industry leaders, including tGBP CEO Benoit Marzouk, warn the move would cripple operability, erode network effects, and diminish the pound’s...

Morgan Stanley Slashes Crypto Fees, Pressures Exchanges
SHOTS FIRED: Morgan Stanley is rolling out crypto trading on its E*Trade platform for 50bps/trade, undercutting Schwab's 75bps (who undercut Coinbase). If I know Schwab, they likely won't let this stand. Others will prob undercut too. By the time the...

KAST Launches Stablecoin Cashback for Card Users
KAST, a stablecoin‑powered fintech platform, has introduced USD‑stablecoin cashback for its card users, replacing traditional point rewards with direct, spendable value. The program features three membership tiers: Standard (1.5% cashback on up to $2,000 monthly spend, no fee), Premium (2%...

Arcium Ecosystem Surpasses $7.5m with Bench and Crafts
Arcium, an encrypted supercomputer on Solana, announced two flagship apps—Bench and Crafts—while its ecosystem raised over $7.5 million from more than a dozen teams. Bench introduces the first digital‑asset opportunity market, attracting over 4,000 users in its first week on Devnet....

Why Stablecoins and SWIFT May Have to Coexist
Western Union introduced USDPT, a Solana‑based stablecoin, in the Philippines and Bolivia, marking the payments giant’s first foray into blockchain settlement. The company plans to roll the token out to additional markets through 2026, positioning it as a real‑time alternative...

ETF Flows Are Reshaping Bitcoin’s Recovery
Bitcoin has surged back above $80,000, closing in on its 200‑day moving average, a key technical benchmark. At the same time, equity markets are recovering, reviving risk‑on sentiment that is spilling into digital assets. The article argues that the durability...

Samsung SDS Wins Deal to Build South Korea’s Blockchain Securities System: Report
Samsung SDS, the IT services arm of Samsung, secured a contract to build and operate a token securities platform for the Korea Securities Depository (KSD). The blockchain‑based system will link KSD’s existing electronic securities accounts with distributed‑ledger data, enabling stable...

Zcash Price May Hit $800 as $2.7B Hedge Fund Reveals ‘Significant Position’ in ZEC
Zcash (ZEC) has surged more than 125% over the past month, far outpacing the broader crypto market. Multicoin Capital, a US‑based hedge fund with $2.7 billion under management, disclosed a significant, accumulated position in ZEC that began in February. The rally...
Ctrl Alt Launches First Tokenized Structured Product on Solana, Placing Over $400m On-Chain
Ctrl Alt, a tokenisation infrastructure provider, has launched its first tokenised structured product on the Solana blockchain, placing over $400 million in on‑chain assets. The product is backed by yield‑bearing assets sourced from a regulated UK financial services firm and was...
Treasury Proposes AML Rule to Bring Stablecoin Issuers Under BSA
The U.S. Treasury’s Financial Crimes Enforcement Network and Office of Foreign Assets Control issued a joint notice of proposed rulemaking that would classify permitted payment stablecoin issuers as financial institutions under the Bank Secrecy Act. The rule expands anti‑money‑laundering and...

OpenTrade Secures $17M in Strategic Funding to Scale Its Stablecoin Yield Infrastructure
OpenTrade announced a $17 million strategic funding round led by Mercury Fund and Notion Capital, bringing its total capital to over $30 million. The fintech‑focused stablecoin yield infrastructure platform now supports $200 million in total value locked and processed $250 million in transactions in...
Siris Exits Equiniti as Bullish Strikes $4.2bn Deal
Private equity firm Siris Capital is exiting its portfolio company Equiniti after agreeing to sell it to cryptocurrency exchange Bullish for $4.2 billion. Bullish will assume $1.85 billion of debt and fund the remaining $2.35 billion with stock, aiming to combine blockchain technology...

Bubblemaps Flags MYSTERY Token over 90-Wallet Launch Sniping Cluster
Bubblemaps identified that 90 newly funded wallets, all linked to address 0x544E, purchased roughly 90% of the MYSTERY memecoin supply at launch. The cluster, initially funded by a transfer of 20 ETH (about $38,000), sold around $100,000 of tokens but still...
ETH ETFs Drive $260M Surge, Target $2,400 Breakout
Spot ETH ETFs +$260M in 3 days lift ETH >$2,300. Institutional flows (BlackRock, Fidelity) fuel momentum. Risk: $2,400 resistance; failure may retest $2,300. Trade: buy breakout >$2,400. — Viktor Kopylov, PhD, CFA More insights: t.me/si14Kopylov
Crypto's Massive Growth: Payments, Politics
Crypto things you might have missed: -@Ripple processed $13 trillion in payments last year -Garlinghouse: "I want Bitcoin to win" -Moreno: Trump to sign CLARITY Act before July 4 -Arthur Hayes: $ZEC target is 10% of $BTC -Solana + Google launch stablecoin payments for AI...

Linea Contributes ZK Rollup Stack to Linux Foundation Open-Source Group
Linea Consortium has become a premier member of the Linux Foundation’s Decentralized Trust (LFDT) and contributed its zero‑knowledge rollup stack as the open‑source project Lineth. The contribution places Linea’s execution, consensus and proof systems under LFDT’s governance, expanding the maintainer...
USYC Becomes World’s Biggest Tokenized Money Market Fund
Circle's USYC is the largest tokenized money market fund in the world, now over $3B in AUM.
Crypto Landscape Shifts: SOL Leads, ZCash Revives, Bittensor
We're starting to see the early signs of what Crypto's shifting order will look like: SOL dominates tokenization & stable coins ZCash is reclaiming its Cypherpunk 👑 Bittensor is still the Bitcoin of AI, even after a subnet rug pull & Clarity is...

Securitize Secures FINRA Approval, Advancing Tokenized Securities Into Regulated Broker-Dealer Operations
Securitize announced that its subsidiary Securitize Markets received expanded FINRA approval, becoming the first traditional broker‑dealer authorized to custody tokenized securities. The approval lets the firm handle custody, clearing and settlement in‑house, enabling atomic on‑chain settlement and stablecoin payments. It...

Solana Outperforms Ethereum in On‑chain Capital Markets
Solana leads in performance for on-chain Capital Markets, even though Ethereum has x8 more RWA tokenized assets. Investing in the Tokenization Megatrend https://t.co/f9xh0mGAj1 https://t.co/JSQKfFtva9
Lightspark Delivers Best‑in‑class Docs for One‑shot Integrations
At @lightspark, we obsess over documentation, and we 2x obsess over making it best-in-class for agentic-driven implementation. We aim to enable one-shot integrations. Here’s a good example for global realtime payouts: https://t.co/geQ30Nt8Lg

South Korea's First Bank‑Led KRW Stablecoin Uses Post‑Quantum Security
🇰🇷 South Korea’s first bank-led KRW stablecoin POC will use $BTQ’s post-quantum security tech. Built on Kaia and connected to ecosystems originally developed by Kakao and LINE. Post-quantum security is starting to become part of real financial infrastructure. https://t.co/2a1VZc3QxV
Market Stifled by Caps, Circuit Breakers, and No Spot Trading
And this is with deposit caps, system caps, circuit breakers, throttled DN lev, no spot, lev, or trs. Fun.
Prioritizing Real‑World Payments Over Speculative On‑Chain Hype
The markets only rewards speculative use cases onchain, but our DNA isn't wired for that, the only way for us is to onboard and grow meaningful real world use cases on our chain. Payments on @0xPolygon is that bet for me.
Bitcoin Climbs 12% on Mechanics, Not Demand
1/4 Bitcoin gained 12% in April despite 46 straight days of negative funding rates. No spot demand. No conviction. Just structural mechanics: basis trades, Strategy's $3.8B in purchases, and short liquidations. The market is tightly wound. Here's why that matters.

Morgan Stanley Brings Crypto Trading to Everyday Investors
Morgan Stanley just launched crypto trading on its E*Trade platform. 🚀 Millions of everyday investors can now easily buy Bitcoin and other crypto straight through one of Wall Street’s largest banks. https://t.co/mdx3aYnRvo
ETH Nears Resistance as FOMO Fuels Market Momentum
$ETH is approaching resistance. Step by step, ETH is moving perfectly according to our plan. FOMO is growing rapidly in the market, people haven’t seen growth like this for a long time, and now many are getting trapped in emotions. The big players...
Avoid Pump Chasing; Hype Precedes Market Pain
I’ve been in crypto long enough to know 1. Don’t chase pumps 2. Everyone thinking we’re so back is typically followed by extreme pain
Fed up with Coinbase's Missteps, Awaiting Crypto Thaw
I’m tired of hearing about Coinbase. They bulked up and trimmed down. Poorly managed. Wake me up after the crypto winter.
Nasdaq Leads, Bitcoin Inflows Surge, Altcoins Follow
There we go. Nasdaq moved first, volatility goes down, so #Bitcoin moves. #Bitcoin had more than $1 billion in inflows in the first few days of the month. Now, just days after, #Altcoins are following through.