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
Solana-Focused Upexi Approves $50M Share Buyback as Digital Asset Treasuries Turn to Repurchases
Upexi, a Nasdaq‑listed digital‑asset‑treasury firm focused on Solana, announced its board approved a $50 million share repurchase program. The buyback comes as the company’s stock has fallen more than 50% since early October and nearly 90% from its April high, while it holds 2.1 million SOL valued at roughly $319 million. Upexi says the program will be executed opportunistically without compromising its growth investments. The move mirrors a broader trend of crypto‑treasury firms using buybacks to narrow the discount between market value and underlying crypto holdings.
Pompliano Stands to Earn $400M Despite ProCap Collapse
🚨 THREAD: Anthony Pompliano could make as much as $400 million from ProCap. And if the stock drops — even if it plunges 75% — he could still make tens of millions. At Unchained ( @Unchained_pod ), @Steven_Ehrlich ’s investigation reveals...
DYdX Governance Approves Buyback Increase to 75% of Protocol Revenue
The dYdX community approved governance proposal #313, raising the buy‑back allocation from 25% to 75% of net protocol revenue, with 59.38% of voters in favor. The new structure also earmarks 5% of fees for the Treasury SubDAO and 5% for...
Emory University Doubles Down on Bitcoin With $52M Grayscale BTC ETF Stake
Emory University’s endowment more than doubled its exposure to bitcoin in the third quarter, holding over 1 million shares of the Grayscale Bitcoin Mini Trust valued at roughly $52 million (up from about $15 million a year earlier). The university also opened a...
A Musk-Style Reward? Anthony Pompliano Could Earn $400 Million From ProCap
The article outlines how crypto influencer Anthony Pompliano’s deal with ProCap could net him up to $400 million by monetizing his celebrity status, even as the digital‑asset‑treasury (DAT) sector faces headwinds. It details Pompliano’s rise as a retail‑focused media personality and his...
Crypto for Advisors: Digital Asset Treasuries
CoinDesk’s “Crypto for Advisors” newsletter explains the rise of digital‑asset‑treasury (DAT) companies, which are public firms that hold large positions in cryptocurrencies such as Bitcoin, Ether or Solana and trade at a premium to their net asset value (mNAV). The...
SEC Pressure Forced Crypto Staking Startup to Shut Down
Well as long as we're all coming out, i'll add mine. In 2019 before Bankless, I had a tiny proof of stake company called Mythos - just me and one employee, self funded. We launched a staking service on the Cosmos...
Unchained Now Streams Live on Base App Beta
Another step forward in going onchain: Unchained is now streaming directly in the Base App (currently in beta). If you already hang out there, we made something for you. Check it out here: https://lnkd.in/eA_rXkrp
Singapore's Central Bank to Trial Tokenized Bills, Introduce Stablecoin Laws
The Monetary Authority of Singapore (MAS) announced a trial of tokenized government bills settled with a wholesale central bank digital currency (CBDC) as part of its Project Guardian initiative. The pilot will use tokenized bank liabilities backed by the wholesale...
Crypto Media Goes On‑Chain: Unchained Launches Base Mini‑App
When we first added onchain features at @Unchained_pod, it was an experiment. Could a crypto media brand use crypto rails, not just talk about them? Turns out, the answer is yes. Today, we’re taking the next step: Unchained is now live on Base, with...
Success Is Trust Reduction, Not Transaction Speed
"We measure success not by transactions per second, but by trust reduced per transaction." Whatever you think of Ethereum you have to say it's the most ambitious and mission driven project in crypto. The best critique of Ethereum - it's just a...
Polymarket Quietly Relaunches in U.S. in Beta Mode: Report
Polymarket has quietly re‑entered the U.S. market in a beta phase, initially offering sports‑related prediction markets under CFTC oversight after a four‑year regulatory hiatus. The firm is leveraging its newly acquired CFTC‑licensed exchange QCX to self‑certify contracts and plans a...
Aave Labs Secures MiCAR License for Zero‑Fee Stablecoin Ramp
After two years of hard work, we’re excited to announce that Aave Labs has received MiCAR authorization from the Central Bank of Ireland to operate a zero-fee on- and off-ramp for GHO and other stablecoins. Accessing Aave will soon be seamless...
Zooko Names StarkWare After Tony Stark’s Company
Zcash and StarkWare, Cute Story Time: How @zooko helped @StarkWareLtd come up with its name. Back in 2017, just after the main math breakthrough on STARKs came about, it was clear to me that we needed to found a company around...
Circle Unveils StableFX to Power Onchain Currency Trading on Upcoming Arc Blockchain
Circle unveiled StableFX, a stablecoin‑powered foreign‑exchange engine that enables 24/7 on‑chain trading of stablecoin currency pairs. The service runs on Circle’s proprietary Arc blockchain, which is live on testnet ahead of a 2025 mainnet launch, and offers real‑time settlement and...
Disabling OP_IF Won’t Stop Data Publishing, Signals Authoritarian Control
N.B While we haven't actually seen this on mainnet much, the fact that it's a likely pattern for things like inheritance and corporate succession means there is a high likelihood that people have funds that will be using OP_IF in...
XRP ETF Launches Today, Potential Market Surge Ahead
XRP ETF LAUNCH TODAY (BIG MOVES COMING?) https://t.co/4qNuUxM6NA
Aztec Network Launches First Token Sale Using Uniswap’s Continuous Clearing Auction
Aztec Network, a privacy‑focused Ethereum Layer 2, is pioneering its token sale by using Uniswap Labs’ Continuous Clearing Auction (CCA), a transparent on‑chain auction mechanism that limits insider advantage and allows real‑time bidding. The sale, priced at a $350 million FDV with...
Record Attendance Highlights Growing Bitcoin Momentum in Amsterdam
Amazing turnout for the @BitcoinConfEUR in Amsterdam today. Great to talk about Bitcoin, @Treasury_BTC, @Gemini, @cypherpunktech, and more with @cameron and @khingoei. Onward. 🟠🚀 https://t.co/zJ8EWDdWCj
Luxembourg Allocates 1% of Sovereign Fund to Bitcoin
Luxembourg already converted 1% of sovereign wealth fund into bitcoin. You can get in now or after they reach 5, 10 or 50%.
Bitcoin Set to Become Every US Business's Asset
We are going to put bitcoin on the balance sheet of every American business one swipe at a time. 🟠🇺🇸 Amazing awaits
Earn Bitcoin on Every Business Purchase with Gemini Card
You asked for this, and we have answered. Behold the Gemini American Business Card 💳 Now you can earn bitcoin back on all of your business expenses and purchases. Onward! 🇺🇸🟠🚀
Oversupply Dilutes Crypto; Fundamentals Will Separate Winners
Crypto is awash with valueless tokens. Too much supply means everything bleeds. If value capture becomes widely acceptable, fundamentals will be the differentiator.
Watch Real-Time BingX Crypto Charting Live Stream
BingX Crypto Charting Live Stream https://t.co/mdQuc9yU67
UFC Partners Exclusively with Crypto Prediction Platform Polymarket
BREAKING 🚨 UFC SIGNS EXCLUSIVE DEAL WITH CRYPTO PREDICTION PLATFORM POLYMARKET! https://t.co/21a9HX2pPd
Shutdown Ends, Crypto Set for Liquidity and ETF Surge
The US government shutdown has officially ended. Here's what it means for your crypto bags: Liquidity boost coming as the TGA drains Rate cuts and a weaker dollar The SEC can finally move on ETF approvals Market structure bill passing soon ...
BingX Holiday Giveaway: Win a MacBook Pro
My Thursday live stream sponsor, BingX, has some sweet holiday prizes like a MacBook Pro available for you guys Check out the details and get yourself some cool prizes here 👇 https://t.co/AeAm6993jM (I receive kickback on fees, leverage trade responsibly, obey local laws)...
XRP Gains Retail Momentum Beyond Crypto‑X Community
I told you so. $XRP is retails baby. There is entire group of crypto interested people outside of Crypto X and they love XRP. HIGHER
Live Bitcoin Knots vs Core V30 Discussion at 1 PM ET
LIVE #Bitcoin Knots vs Core v30 w/ @giacomozucco & @jimmysong at 1pm ET Today! from #ElSalvador 👇👇👇👇 https://t.co/PS2qRr21et
Crypto Week: New ETFs, Zcash Backing, Tokenization Surge
Crypto things you might have missed: -@CanaryFunds spot XRP ETF goes live! -Winklevoss twins back new Zcash $ZEC treasury firm -Huge tokenization news for Polygon -WBTC goes live on @hedera -Solana active addresses fall to 12-month low
Starknet Secures #2 Spot in Monthly Net Flows
Starknet's ranked 2nd in monthly net flows. Nice! https://t.co/sYzq6ckBh2
Fast Business Card Gives Unlimited 1.5% Bitcoin Cashback
American businesses move fast. Their financial tools should too. Earn unlimited 1.5% back in bitcoin instantly on business expenses, with no annual fee. Meet the Gemini American Business Card 🇺🇸 https://t.co/P6zLaGRkCm
CashApp to Add USDC Support by Early 2026
Now this is 🔥🔥🔥 @CashApp launching stablecoin support in early 2026. Seeing USDC payments in CashApp has been a mission for Circle for a long time! 56M Monthly Active Transacting Users Congrats @milessuter and the whole crypto team! https://t.co/Y6ygmvbHu3
Enjoyed Speaking at Bitcoin Amsterdam Conference
Had a great time speaking at Bitcoin Amsterdam https://t.co/rHzqBsu3P8
Two Simple Strategies to Trade Support/Resistance Flips
2 ways to trade S/R Flips: Trigger 1: Long the bounce of resistance turning into support (higher low formed) Trigger 2: Long the breakout after a higher high forms above the S/R level Example👇: https://t.co/EIPoaXIR4S
Community Unlocks New ARC Raiders Map Together
A NEW map for ARC Raiders is coming! This new community event jist started where everyone contributes to unlock the map. What a cool idea! https://t.co/5PtCbVM2MN
Live Treasury Stage: Cameron, Tyler Discuss Community Topics
Now live on the Treasury Stage: @cameron & @tyler with @khingoei moderating the conversation. What should they talk about? https://t.co/0Xmd4cvbge
Judging the Hottest ZK Privacy Hackathon in Town
The hottest hackathon in town, aka your chance to build something that truly matters, play with ZK tech, and be part of the story of bringing privacy to blockchain. Excited to be a judge at this amazing hackathon! Ztarknet mode: ON
Bitcoin's 4‑Year Cycle: Myth or 2026 Reality?
It's the big topic of the current markets! Is the 4-year cycle still alive for #Bitcoin? Does it even exist? What is 2026 going to bring? That's why I've made this update, I think we're being fooled:https://t.co/jc5LRBBPqA
ZCash Targets: 450 Breakdown, 500 Neutral, 550 Bullish Breakout
ZCash Only 3 levels we're focusing on: 1. $450 -> Big breakdown level towards $390 2. $500 -> Too choppy for executing trades (Neutral) 3. $550 -> Breakout trades above, structure shifts bullish Set alerts and prepare ✍️ https://t.co/rSXaYWi7Bg
WBTC Launches on Hedera Network via LayerZero
$WBTC is now available on the Hedera network! Congrats to the community, @HederaFndn , LayerZero, and Bitgo!
Comparing Knots and Bitcoin Core: Fork Incentives Explained
@LukeDashjr @jimmysong @murchandamus @knutsvanholm @giacomozucco Part 5: Knots vs #Bitcoin Core w/ @knutsvanholm & Co-Host @jimmysong to discuss the economic incentives, benefits & risks of forks! https://t.co/4IhGXL6qdT
Holding for “Just a Little Higher” Costs You Dearly
I'll sell when it goes "just a little higher" Is the most expensive thing you will ever tell yourself in crypto...
Grayscale's IPO Filing Sparks Bullish Market Optimism
BREAKING 🚨 GRAYSCALE FILES TO IPO BULLISH
JPYC's Polygon Surge Signals Payments Chain Dominance
Japanese Stablecoin JPYC is going crazy on Polygon. 20-100x faster growth than Avalanche or Ethereum. Polygon is establishing itself as the chain for payments and stablecoins!
Uniswap Launches Configurable Continuous Clearing Auctions
Thrilled to be releasing Continuous Clearing Auctions - a new protocol by @Uniswap CCA is used for price discovery and liquidity bootstrapping of pools on top of Uniswap v4 It’s highly configurable, resistant to sniping/bundling, and all around extremely powerful
AI and Social Media Fuel
I spoke with @YahooFinance about $BTC volatility, treasury strategies, energy challenges, $MSTR short-sellers, the shutdown, using AI & social media to turbocharge growth, and the role of digital equity, capital & credit—like $STRC. https://t.co/Vks7Ig7KFw
India’s Serious Web3 Scene Lives on Polygon
People might tell you 100 different things about what's the state of Web3 in India but make no mistake, everything "serious-web3" in India happens on @0xPolygon
Bitcoin Poised for Breakdown Below $101K, Targeting $93K
Bitcoin Still chopping between the $101K and $107K breakout levels. Given the low-confidence market sentiment, the breakdown play below $101K remains the most likely play, targeting $93K. https://t.co/89DEMWXyYa
Grayscale Files S‑1, Seeks NYSE Listing as $GRAY
Grayscale publicly filed its S-1 with the SEC today and has applied to list on the New York Stock Exchange under the symbol $GRAY https://t.co/nehaviYZ5n