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
Crypto’s Flagship AI Project Fractures: Fetch Sues Ocean over 263M FET ‘Community’ Sales
Fetch.ai and three token holders have filed a class‑action lawsuit in the Southern District of New York accusing Ocean Protocol of misrepresenting a 700 million‑OCEAN “community” token reserve and then converting those tokens into roughly 286 million FET, of which about 263 million FET were sold, depressing the FET price. The complaint alleges fraud, civil conspiracy and breach of DAO governance promises, seeking class certification, damages and disgorgement. Ocean denies the claims and says the suit is a social‑media stunt, while SingularityNET’s CEO stresses the alliance will continue despite Ocean’s exit. The case spotlights the tension between proclaimed decentralized DAO structures and centralized control of large token pools.
Crypto Privacy Impossible as Regulators Criminalize Developers
Pushing privacy in crypto while also pushing banks, the government and all of tradfi on to crypto is hilarious. There won’t be privacy while they are criminalizing devs. https://t.co/JplO8ZPMSB
Crypto Privacy Inevitable: Silent Payments Hide Bitcoin Activity
David Gokhshtein and Vik from Cake Wallet @vikrantnyc discuss why privacy in crypto was inevitable. “If I send my Bitcoin people are gonna see my balance, see my transactions you know and we’ve done things to minimize that through silent payments...
U.S. Fed's Miran Says Policy Needs to Adjust to Stablecoin Boom That Could Reach $3T
Federal Reserve Governor Stephen Miran warned that the rapid growth of dollar‑linked stablecoins could reshape U.S. monetary policy. Fed staff project stablecoin uptake of $1‑$3 trillion by 2030, adding demand for Treasury securities that currently total under $7 trillion. Miran said the...
Lava’s 5% Loan Hides Extra Capital Fee, Costs More
A lot of people didn't read the replies to this with the "fine print." But there will be a small annual capital fee of 4% on the highest amount borrowed. And the 3% only applies to small loans. Larger loans will be...
Ethena Season 4 Rewards Go Live
Ethena launched its Season 4 rewards, distributing 3.5% of the ENA token supply – 1.5% instantly claimable, 1% vested for the top 2,000 wallets and instantly available to smaller users, and the final 1% pending the launch of Hyena Trade, the...
Altcoins Rally: ICP, ZEC, DASH Lead Momentum
Phenomenal bounce on the #Altcoins today. For sure, it's not everything, by far it's not, but it's a great start. Some altcoins have been showing tremendous returns; $ICP, $ZEC & $DASH. Now, $NEAR is following through and other major caps are...
LayerZero Token Surges After $10 Million Buyback
LayerZero Labs announced a $10 million open‑market buyback of its native ZRO token, pushing the price 11 % higher to $1.73 and lifting market cap to $194 million. The firm reiterated its view that ZRO is mispriced and signaled ongoing repurchases, echoing a...
Standardized Illicit‑Tag Proof Could Unlock Privacy Tech Adoption
I think the best way to make sure privacy tech is adopted is to standardize on proving that a shielded deposit isn’t part of a tagged illicit group. Tornado Cash and railgun and basically every privacy protocol support this...
Crypto Markets Manage Modest Move Higher Friday, Trimming Weekly Losses
Crypto markets closed the week on a modest upside as Bitcoin rebounded above $103,000, gaining roughly 2% in the last 24 hours after dipping below $99,000 earlier in the session. Altcoins posted stronger gains, with Ether, XRP and Solana up...
JPMorgan Boosts Bitcoin ETF Holdings by 64% in Latest Filing
JPMorgan Chase & Co disclosed in a 13F‑HR filing that it now holds 5,284,190 shares of the iShares Bitcoin Trust ETF, valued at about $343.47 million – a 64.26% increase from the prior quarter. The bank’s stake rose from 3.22 million shares...
Polymarket’s Trading Volume May Be 25% Fake, Columbia Study Finds
Columbia University researchers estimate that roughly 25% of Polymarket’s historical trading volume is likely wash‑trading, with weekly fake volume peaking at about 60% in December 2024 and exceeding 90% in election and sports markets during certain weeks. Using a novel algorithm...
Privacy Crypto Developers Face Unclear Legal Risks After Sentencing
Samourai Wallet Developer got 5 years in prison yesterday. What does this mean for devs working on: - ZCash - RailGun - Aztec chain - Privacy wallets - Privacy pools - Zama + FHE Are we just not speaking about this. Is there legal clarity i can't see. Because...
Unified Addresses Simplify Private ZEC Transactions with Orchard
Privacy just got a whole lot easier. We now support @Zcash Orchard Unified Addresses ...
Two‑person Committee Approves New Committees—Bureaucracy Turned on Itself
My favorite part of this is that we created a committee to approve the creation of new committees at Coinbase. 🤯 As Emilie said, she and I are the only two people on the committee. It has a lengthy and...
Market Holds Firm as Leverage Rises and Privacy Coins Surge
Binance just dropped their latest research report. Here are my 3 key takeaways from it: 1. The market stayed firm through the shakeout. October saw a 6.1% drop and $19B in liquidations – first red October since 2018. Yet leverage bounced...
Bitcoin Nearing Market Bottom, Analysts Suggest
Bitcoin – Is a bottom near? https://t.co/8aSdHbm7dp
Bitcoin Dominance Climbs; Alt Season only on Its Dip
Bitcoin dominance is up 7-8 weeks in a row, and on the slightest sneeze by it to the downside, the alt season calls flood the timeline. The real contrarian view the last 4 years was remaining bullish on dominance despite all...
Bitcoin Fights to Stay Above 50‑week SMA
Bitcoin: Battle for the 50W SMA https://t.co/U4lCEUNXb5
21Shares
NEW: 21Shares files 8(a) for its spot $XRP ETF, allowing automatic approval if the SEC does not act within 20 days
MegaETH Rejects Decentralized Sequencers, Proposes Rotating Model
Most rollups promise to decentralize their sequencers eventually. MegaETH says it won’t. @hotpot_dao tells me why — and how a single rotating sequencer could still resist censorship. A practical choice or a philosophical break? 🤔 https://t.co/IhKcTXUmz5
Massive Returns Require Contrarian Patience in Altcoins
In order to be achieving a massive return, you'll need to be completely different to the mass. With #Altcoins, you'll be required to be patient and last through these corrections. That's it.
BITCOIN Act Cuts Inflationary Debt, Boosts Affordability
Common ground is achieved via affordability. The BITCOIN Act takes a monkey off the back of every American by reducing a material portion of the inflationary debt burden the US currently shoulders.
EOSE Spikes with Massive Candle to Close Week
$EOSE Holy shit what a candle to end the week! https://t.co/SGCn151vpf
Privacy Coin Rally Masks Long‑Term Legal Risks
state of crypto today: privacy coins rally privacy devs go to jail good for bags now bad for future
Waller Says ‘Skinny’ Master Accounts Limited to Banks
"Federal Reserve Governor Christopher Waller yesterday sought to clear up confusion about his proposal for the creation of “skinny” master account by saying the accounts would only be made available to chartered *DEPOSITORY INSTITUTIONS*." https://t.co/WTQbYf2kjD
LINKS DAO Launches Gemini Trading with Deposits Enabled
LINKS by @LinksDAO Now trading on Gemini 🎉 Deposits and withdrawals enabled ✅ Buy, sell, and store today: https://t.co/UDJFEF5Wq0 https://t.co/5kP0UAMm0M
Bitcoin Short Squeeze Set to Be Glorious
The Bitcoin short squeeze will be glorious. h/t @Shaughnessy119 @leshka_eth https://t.co/ACG3EkzWB6
4‑Year Cycle Myth: Altcoins Surge, BTC Rises Soon
The 4-year cycle doesn't exist. It's a made up dynamic by the Web 3 community. This quarter, the #Altcoins are massively going to break out and $BTC will have its next leg up. It will surprise a ton of people.
Bitcoin Knots vs Core V
Bitcoin Knots vs Core v30 - Part IV w/ Murch https://t.co/ryilC8qmst
Embrace Your Future with STRD Token
Take your future in Stride. $STRD https://t.co/d7kpanPlEH
Earn 4% Bitcoin on Purchases, Win $100K
Unmatched method to stack Bitcoin: - Earn up to 4% Bitcoin back on all your regular daily purchases - Spend >$100 in November for a chance to win $100k
MegaETH Testnet Achieves 10ms Speed, Enabling Real‑Time Crypto
⏱ 10 milliseconds. That’s how fast MegaETH’s testnet runs. @hotpot_dao says this “real-time blockchain” could make crypto feel like Web2. If she’s right, it could unlock a whole new class of apps. ⚡️ https://t.co/OuxgnQ1tv4
Join Our New Midnight Ambassador Program Today
We are launching a Midnight Ambassador program. Reply here if you would like to join and be part of the ecosystem
Bitcoin Must Hold Tweezer Bottom, Break $104k
If this daily tweezer bottom holds and #Bitcoin breaks back above $104,000 then we are so back https://t.co/JCh5k6NhD3
FIL Hits $4, DOT Could Aim for $5
If $FIL went to almost $4 I don't see why $DOT can't go to almost $5 https://t.co/Ov7yktOdTk
Hold $TAO Above 99 SMA, Cut Below
$TAO As long as it stays above 99smma I'll keep holding my long term holdings but below that I'll cut. https://t.co/7TMxp0JlMl
Filecoin Surges as Altcoins Rally Together
Good god $FIL is going nuts. Lots of altcoins are springing 🚀
ZEC Skyrocketed 16x in Three Months
If you bought $100 of ZEC 3 months ago you’d have $1600 now https://t.co/omG4iU82kC
Earn up to $850 Bonus on High Trading Volume
For futures traders: Phemex is offering extra bonuses 👇 • $1M+ volume = $70 bonus • $5M+ volume = $400 bonus • $10M+ volume = $850 bonus Check it out here: 👉 https://t.co/y6m83TWX6j Crypto trading involves risk. T&Cs apply. https://t.co/OULg9aQY0I
Zero‑Fee Trading & Token Hype Inflate Fake Volume
0 fee trading + teasing a token how could that possibly lead to fake volume? https://t.co/s7ewAqEHmw
Privacy and DeFi Must Converge for Future Chains
Either privacy chains need DeFi or DeFi chains need privacy.
Litecoin Poised for Potential Spring Pump
$LTC I guess even Litecoin wants to spring pump https://t.co/gJoF7jNZHT
Insights on Bitcoin and Ethereum in AltcoinDaily Interview
Check out my interview with @AltcoinDaily where we talk about Bitcoin, Ethereum, and more! https://t.co/zl2Mz5UdIH
DOT Poised to Be Next Altcoin Spring
$DOT Probably one of the next altcoins to "spring" https://t.co/XlyAN2Mdul
Short‑term Bitcoin Dips Spark Panic, Not Patience
People respond to short term bitcoin price drops like they planned to sell and retire tomorrow lol HODL
Altcoins Nuke Before Friday, Poised for Spring Rebound
Oddly enough, 1 day before the major Friday liquidation event in Crypto I mentioned that altcoins might need one more big nuke before bouncing. We got the nuke. Now we need to see altcoins reclaiming their local breakdowns. T This sets up a "spring"...
Key DeFi Developments From This Week
This week in DeFi. https://t.co/71gZTDM4k7
WEC Poised for Upswing if Support Holds
$WEC Looks like a reversal at support and if it can reclaim that breakdown it can really get going. Don't want to see it revisit the lows though otherwise probably back to 99smma https://t.co/US1hxIpPgi
OG Bitcoin Whales Dump Hundreds of Millions in 2025
Phone is always listening… Just recorded this week’s episode of @DigitalCurrents and first topic we discussed was Whales selling… * was even wearing 🐋 Sockgame from @mtsocks 🧦 🧡 https://t.co/fbAsxL5Ky1