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
LINK Drops 4% as Chainlink ETF News Fails to Push Break of Technical Resistance
Chainlink's LINK token dropped 4% to just above $15 after failing to break the $16.25 resistance level, even as Bitwise's proposed Chainlink ETF (ticker CLNK) appeared on the DTCC registry. The rejection triggered a volume surge of 138%—3.36 million tokens traded in one hour—confirming strong overhead supply. Market participants treated the ETF listing as a procedural milestone rather than a bullish catalyst, keeping focus on chart dynamics. Technical analysis now points to range‑bound trading between $15.10 support and $15.40‑$15.50 resistance, with upside targets near $16.00 and downside risk toward $15.00.
Dubai Court Freezes $456M Linked to Justin Sun’s Bailout of TrueUSD Issuer Techteryx
Dubai’s Digital Economy Court issued its first worldwide freezing order, locking up $456 million tied to Justin Sun’s bailout of TrueUSD issuer Techteryx. The court found compelling evidence that reserve funds were improperly diverted to Aria Commodities DMCC through Hong Kong trustee...
Circle Favors L1 Token to Boost Arc Adoption
From Circle's most recent quarterly report: “Circle is exploring the possibility of launching a native token on the Arc network which could foster network participation to drive adoption, further align the interests of Arc stakeholders and support the long-term growth and...
Validator Consolidations Reduce Count While Raising Total ETH Staked
The validator count is down and total ETH staked is up. This is a feature, not a bug. Consolidation means exiting one validator and transferring its whole balance to another validator. Validators validator consolidations improve withdrawal times, state management, and validator effectiveness. The...
$1.2B Bitcoin Just Left Wall Street: 3 Ways This Reset Could Flip Bullish Fast
Crypto investment products saw roughly $1.2 billion of net outflows last week, driven almost entirely by redemptions from U.S. spot Bitcoin ETFs, which posted a cumulative -$1.21 billion across five trading days. The outflow coincided with a cooling of Bitcoin futures basis...
Stellar's XLM Trades in Tight Range as Traders Exhibit Uncertainty
Stellar’s XLM is consolidating in a narrow $0.2810‑$0.2950 band after a 36.08 million‑token volume surge on Nov 11 broke the $0.2845 support level, pushing the price to $0.2944, a 0.2% dip. The heavy‑selling episode, 47% above the 24‑hour average, was followed by...
Backing Founders: Energy, Mission, Fresh Frameworks, Anti‑oligopoly Drive
Just wrapped an incredible conversation with @albizhulali (one of my @Draper_U grads who's been heroic for 9 years since graduating). We dove deep into what I look for when backing founders: → Energy → Mission → Passionate first-timers → Entirely new frameworks We covered @Bitcoin, why...
Toncoin Drops 2.4% as Post-Rally Selling Pressure Caps Gains
Toncoin slipped 2.37% to $2.02 in the past 24 hours after a brief rally to $2.1165 on heightened volume ahead of U.S. market open. The surge was quickly erased by heavy selling, pushing the token back to a key support...
New Strike Force Set to Target Overseas 'Pig Butchering' As U.S. Hits Burma Operation
U.S. Treasury, the Department of Justice and other federal agencies announced a new Scam Center Strike Force to dismantle transnational “pig‑butchering” crypto fraud operations in Southeast Asia, focusing on Burma, Cambodia, Laos and the Philippines. The force follows Treasury’s Office...
The Protocol: Sweeping Uniswap Proposal ‘UNIfication’
Uniswap Labs and the Uniswap Foundation have unveiled a joint governance overhaul called “UNIfication,” which would activate protocol fees, route a share of Unichain fees to a UNI‑burn mechanism, and retroactively burn 100 million UNI from the treasury while consolidating the...
Pantera-Backed Solana Company to Tokenize Its Shares With Superstate's Opening Bell
Solana Company (HSDT), a Nasdaq‑listed digital‑asset treasury backed by Pantera Capital, announced it will tokenize its shares on Superstate’s Opening Bell platform, a regulated Solana‑based service that brings SEC‑registered equity onto blockchain. The tokenized shares will retain SEC registration while...
Trump Nominee Mike Selig Set for CFTC Confirmation Hearing as Crypto Bill Advances
President Donald Trump’s nominee Mike Selig, currently chief counsel of the SEC’s Crypto Task Force, is slated for a Senate confirmation hearing on Nov 19, 2025 to lead the Commodity Futures Trading Commission. He replaces withdrawn nominee Brian Quintenz and would succeed...
From Swipe to Zap: Why Square’s 4M Shops Just Got A 0% Bitcoin Button
Block (formerly Square) has enabled Bitcoin payments via the Lightning Network for its roughly 4 million US merchants, letting customers pay with a QR‑code invoice that settles in seconds. The service carries 0% processing fees through 2027, then a flat 1%...
U.S. SEC Chief Atkins Says Clarity Coming on Crypto Tied to Investment Contracts
SEC Chairman Paul Atkins announced that the agency is drafting recommendations for a package of exemptions covering crypto assets tied to investment contracts, aiming to streamline capital formation while safeguarding investors. He stressed that tokens linked to investment contracts may...
Institutions Embrace Bitcoin as Ultimate Money Standard
Last week, I had the pleasure to be hosting the second Masterclass of this year! This time, at the Beleggersfair alongside @OKXDutch. To my surprise, the room was packed with crypto enthusiasts. It was fun to be doing this, discussing the potential...
US Accused of Hacking Bitcoin to Build Strategic Reserve
The Chinese government just accused the U.S. of stealing crypto. This is the opening shot for hack-and-hoard arms race. Is the U.S. hacking its way to a bitcoin reserve? Remember the $15B bitcoin seizure the DOJ announced last month? The largest in history:...
Lean Ethereum's Year‑Long Leap Toward 10K TPS
Craaazy 365 days of @leanEthereum progress. Cheers to the builders. Cheers to the dreamers. Cheers to anti-fragility, too :) Devcon, Bangkok — Nov 12, 2024. The suspense is real. The room overflows; hundreds can't get in. An "announcement of an announcement"...
Could 2025 Trigger a 2017‑style Altcoin Boom?
ARE WE GOING TO SEE A 2017 INSANE ALTCOIN SEASON??? Week 11/10/2025 #money #finance #coinbase #crypto #cryptowendyo #bitcoin #xrp #ethereum #solana #cryptocurrency #wendy #xrpcommunity #hedera #altcoin
ZK‑STARKs, Account Abstraction, Decentralization Deliver Ideal UX
Privacy, intuitive UI, security, fast tx and low fees - This is the shopping list of desired features for apps, and (in my opinion) they are all part of UX. Privacy -- the ability to protect the information I choose to...
Zcash Shielded Address Usage Spikes Dramatically
The percentage of shielded addresses on Zcash has shot up
Unchained Episode 12 Drops
UNCHAINED 12 https://t.co/ed1WW2CInB
Bitcoin Crashes as X Revamps DM Feature
Bitcoin started nuking when X updated DMs... Bombastic side eye... https://t.co/1bz3tlpF0c
Electroneum Launches in US via GateUS, Free Token Giveaway
Congratulations to Electroneum for entering the US market! $ETN is now live on @GateUS_Official And they're giving away free tokens take a look below!
EigenZero Introduces Stake‑Secured Cross‑Chain Verifier Network
LayerZero & EigenCloud teaming up for EigenZero 👀 A stake-secured verifier network backed by $5M in $ZRO, turning cross-chain “trust” into on-chain economics. Apps can now choose verifiers based on stake, history, and performance.
Future Crypto May Thrive Beyond Traditional Blockchain Technology
What if the future of crypto is not blockchain? Join us now to see what I mean:
JPMorgan Launches First Bank‑issued USD Token on Base
The first bank-issued USD deposit token, JPMD, is now available for institutional clients to use, running on @base. Onchain payments are the future.
Shodai Aligns Incentives for Seamless Crypto Launches
Founders, builders, it's time to change the meta around launching your project. Shodai has cracked the code on alignment mechanics, clear incentives, and a partner network that compounds progress. Full stack integrity. Crypto without compromise. Join us. It's Sho time.
El Salvador Adopts Bitcoin Timestamps; Governments Should Follow
The El Salvadoran government is pioneering the use of efficient, @opentimestamps based, Bitcoin time-stamping. All governments should be doing this. If you are archiving data, why aren't you time-stamping it?
Volatility Halt Highlights TradFi’s Resistance to Crypto
Volatility halt on @cypherpunktech (ticker: $LPTX). TradFi trying to hold us back! 😀 https://t.co/e4kLTIdo5W
Polygon Cuts Cost and Speed of Cross‑Border Transfers
How much do you spend on your cross border transfers? Polygon makes it cheaper and faster for you, I guarantee See you next Tuesday at Money Rails, @EFDevcon Sign up in thread https://t.co/KQiEeS1fIi
Join in 90 Minutes: Stablecoins, DeFi & Frax Talk
Will be on in exactly 90 minutes to discuss all things STABLECOINS, DeFi, and @Frax!
Markets Tumble as Shutdown Vote Looms Today
Sharp sell off on the New York open today. Everything down. Crypto as usual gets kicked in the balls hard and fast. Speaker Johnson says that the government shutdown should end tonight. 7 hours until they vote! Going to be...
Bitcoin $110k Could Trigger $4B Short Liquidation
$4 billion in shorts could be liquidated if Bitcoin hits $110,000. Let's liquidate those filthy bears. https://t.co/pDQwant9pW
BTC and ETH Secure Olympus Dominance, Dethronement Unlikely
BTC and ETH earned their place on Olympus. Others may join, but seems highly unlikely either will be dethroned, their network effects are too large, and their communities principled and durable.
ETH Expected to Reach $4,000 by Friday
$4,000 ETH BY FRIDAY
Biking the Bitcoin Symbol Through Amsterdam for Conference
We just biked the Bitcoin "₿" across the heart of Amsterdam for @BitcoinConfEUR Proof of Ride 👇 https://t.co/dFB5uRqgT4
OKLO Poised to Lose 90%, Still Overvalued
$OKLO likely falls another 90% from here and will still be wildly overvalued… All Bubbles Break https://t.co/O11fb5R5Qg
RGTI Poised to Lose 90%, Bubble About to Burst
$RGTI likely falls another 90% from here and will still be wildly overvalued… All Bubbles Break https://t.co/KY7Pl2lOD9
Bitcoin's Fear‑Greed Index Signals Turning Market Mood
Bitcoin Fear and Greed https://t.co/CYD0XhYohe
Paying with Bitcoin Is as Simple as Pie
Paid with Bitcoin. Easy as pie. https://t.co/D5GVRFMOHv
Bitcoin Slips Under $102,000, Signaling Market Shift
JUST IN: Bitcoin drops below $102,000 https://t.co/RBH7503XPo
Crypto Longs Wiped Out $100M; Shorts Profit
$100,000,000 of crypto longs have been liquidated in the last 60 minutes. Thank God I've been shorting the market with my community since last night...
Bitcoin's in Opposition Phase, Inevitability Ahead
Every technological revolution follows the same pattern: Ignorance, Mockery, Opposition, Inevitability We’re still in phase three for Bitcoin, but inevitability is assured
DATs Below NAV Spark Arbitrage Opportunities
DATs are trading below NAV — and @fejau_inc says that’s where it gets interesting. 🧠 He tells @bitsandbips we could see funds —or even other DATs— buying the discount and flipping it for profit. https://t.co/FDU6pk6s8t
Zcash: The Only Way Money Is Truly Separate From State
Tyler Winklevoss just said something awesome about "Separating Money and State". Something like "Have we really done that? And the answer is no, unless you're using Zcash". 👍👍
Farage Vows UK Bitcoin Reserve if He Wins
Nigel Farage the leader of the Reform Party in the UK promises to create a Bitcoin Reserve if elected Prime Minister. The UK desperately needs massive change and change only happens from the top. As a Brit this would be incredible to...
Privacy Coins Renaissance & Uneasy Money Premieres Today
Tune in today for Unchained On Air’s two broadcasts! 2pm: @harryhalpin and @jswihart join me to discuss the renaissance of privacy coins 3pm: Uneasy Money’s premiere episode with @kaiynne, @tayvano_ and @LucaNetz! Because what happens onchain, never stays onchain. 📺 Where to watch: X, YouTube, PumpFun, Twitch
Taiwan's Central Bank Announces Strategic Bitcoin Reserve
Taiwan's central bank to launch a strategic Bitcoin reserve. Absolutely yuuuge!! https://t.co/YhSWc2U8KI
Aptos Incentives Launch on Aave Platform
Aptos incentives are live on Aave. 👻
Aave Aptos Market Moves Beyond Training Wheels
After successfully operating the Aave Aptos market under safeguarded training wheels, it’s now time to unlock its full potential on Aptos.