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
Canada’s Anti-Money Laundering Watchdog Levies Record $126M Fine on Cryptomus
Canada’s financial intelligence agency FINTRAC slapped a record C$126 million fine on cryptocurrency firm Cryptomus for failing to report suspicious activity, including transactions linked to child sexual abuse material, fraud, ransomware payments and sanctions evasion. The unprecedented penalty follows an investigation that found systemic anti‑money‑laundering and know‑your‑customer lapses. The sanction underscores growing regulatory scrutiny of crypto platforms, raises compliance and litigation risks for industry participants, and signals tougher enforcement and higher costs for firms that do not bolster controls.
#485: Saneel Sreeni, Head of Special Projects at Ritual Foundation, on Creating the Sovereign Execution Layer for AI, The Current...
In this episode, Saneel Sreeni of the Ritual Foundation breaks down the post‑crash L1 landscape, explaining why most layer‑1 chains will consolidate and how Ritual aims to become the sovereign execution layer for AI‑driven on‑chain decisions. He connects AI advancements...
Bunni DEX Becomes Second Crypto Project to Shut This Week
Bunni DEX announced it will re-license its v2 smart contracts from a restrictive Business Source License to the permissive MIT license, effectively opening its full feature set to developers. The move removes prior usage restrictions and has drawn praise from...
BTC, XRP, SOL, ADA Hold Flat as Google’s Quantum Breakthrough Rekindles Old Crypto Fears
Bitcoin, Ripple, Solana and Cardano traded flat after Google announced a quantum computing breakthrough, reviving long‑standing fears that such advances could undermine cryptocurrency security. The muted price action comes as October looks set to deliver the weakest gains for investors...
Tokenized Gold Isn't Real Gold, It's Trust Token
Saying the obvious. Most people “in crypto” know this, most people “not in crypto” may not understand yet. Tokenizing gold is NOT “on chain” gold. It’s tokenizing that you trust some third party will give you gold at some later...
Bitcoin ETF Apathy Is Pressuring a Key Bitcoin Support Level
Bitfinex analysts warn that apathy toward Bitcoin ETFs—marked by a lack of sustained inflows—is putting pressure on a key Bitcoin support level and creating “demand-side fragility.” The absence of steady ETF-backed buying risks weakening order books and could make BTC...
WazirX to Restart Trading on Friday After $230M Hack Caused Year-Long Shutdown
WazirX said it will resume trading on Friday after a year-long shutdown triggered by a $230 million security breach that froze assets and halted withdrawals, marking the final step in a recovery process. The restart follows extensive remediation and controls...
Bitcoin Miner Debt Surges 500% as Miners Beef up for the Hashrate Fight
Bitcoin miners have increased debt by roughly 500% to $12.7 billion as they borrow heavily to buy new mining rigs and invest in AI infrastructure to compete in the global hashrate race. The surge in leverage reflects a capital-intensive push...
Is Bitcoin Headed for a Crash Below $100K? ‘Grand Daddy’ Volume Indicator Hits Lowest Since April
A widely watched Bitcoin volume indicator — dubbed the “grand daddy” of volume gauges — has fallen to its weakest level since April, suggesting dwindling trading conviction and raising the risk of a corrective sell-off that could push Bitcoin below...
ARK Invest-Backed Firm Becomes Largest ETH Hoarder Outside the US
ARK Invest-backed Quantum Solutions has become the largest Ether treasury holder outside the United States, signaling a major institutional accumulation of ETH. The firm has set an ambitious 100,000 ETH treasury target, underscoring a strategic bet on Ether as a...
XRP Price Structure Tightens Between $2.33 and $2.44 Ahead of Volatility Break
XRP’s price action has narrowed into a tight range between $2.33 and $2.44, with traders monitoring a breakout above $2.41 or a drop below $2.33 to define the next directional move. The contraction signals building volatility and a likely sharp...
Dogecoin Tests $0.19 Support as Tight Range Signals Breakout Potential
Dogecoin is testing $0.19 support while price has remained range-bound, but traders note rising volume diverging from flat price as a classic accumulation signal. That divergence often precedes a volatility expansion within 24–48 hours, suggesting a near-term breakout—either a bullish...
Crypto's 1 Billion Users Ahead, Yet Only 70M Active
There are ~716M global crypto owners currently, and based on current trends I believe we will have 1 billion crypto owners by end of 2028! But only 40-70M of crypto's 716M global owners are monthly active users transacting onchain. This massive...
Jupiter Eyes Full Launch of Its New Predictions Market Before 2026
Solana decentralized exchange Jupiter has launched a beta predictions market built with CFTC-regulated Kalshi, allowing users to wager on real-world outcomes as it tests the new product. The beta is currently live on Jupiter’s platform with a planned full rollout...
Bitcoin May 'Final Flush' To $104K Before the Bull Market Returns
Crypto analysts warned Bitcoin could undergo a “final flush” down to roughly $104,000 — near its 50-week moving average — before resuming a broader bull market, citing elevated leverage and historical support dynamics. The prospective pullback is framed as a...
Ocean Protocol Accused of $120M Token Dump, Faces Legal Threats
Ocean Protocol faces backlash after allegedly dumping $120 million in Fetch.ai tokens following its ASI Alliance exit, prompting public accusations and legal threats. https://lnkd.in/ee2DM4ZJ
Veteran Blockchain Kadena Crashes 84% Amid Market Stress
Kadena’s collapse underscores how even veteran-led blockchains can falter in tough markets, with its token plunging 84% after operations were halted. https://lnkd.in/eKEVxu6C
Another ‘Legacy’ Asset Manager Enters the Crypto ETF ‘Land Rush’
T. Rowe Price, the $1.8 trillion asset manager, filed to list its first US-listed Active Crypto ETF, marking the firm's initial formal entry into the crypto ETF market. The unexpected move by a long-established legacy manager underscores growing institutional interest...
‘Crazy Stuff’ Needed for Bitcoin to Reach $250K This Year: Novogratz
Galaxy Digital CEO Mike Novogratz said it would take “crazy stuff” for Bitcoin to reach $250,000 by year-end, casting doubt on bullish predictions from other high-profile advocates. His comments contrast a cohort of optimists who cite strong institutional demand and...
MegaETH Pre-Market Valuation Taps $6 Billion
Ethereum Layer‑2 project MegaETH announced a community-led raise via Sonar with an English auction starting at $1 million and capped at $999 million, timed with the launch of MEGA pre‑market perpetuals on Hyperliquid. The pre‑market briefly implied a $6 billion...
Young Australians’ Biggest Financial Regret: Ignoring Bitcoin at $400
A new report finds many young Australians say their biggest financial regret is not buying Bitcoin when it traded around US$400 a decade ago, believing crypto gains could have significantly accelerated their property purchases. Respondents say missed crypto returns left...
Institutions Accumulating XRP Despite Price Lag
XRP PRICE LAGGING BUT VOLUME SUGGESTS INTITUTIONS ARE ACCUMULATING?! 10/22/2025 #cryptocurrency #crypto #hedera #xrp #xrpcommunity #cryptowendyo #bitcoin #ethereum #solana #wendy #hedera #hbar #avax #bnb
Tesla Adds $80M Bitcoin, Sells None—Elon Stays Bullish
TESLA’S BITCOIN HOLDINGS GAIN $80M IN Q3 2025, WITH NO $BTC SOLD! Elon is BULLISH on Bitcoin! 🚀 https://t.co/9xI2KkGSgJ
ETHEREUM Founders SELLING! (How To Profit In CHAOS)
The episode examines swirling rumors that Ethereum’s founders are selling their holdings, questioning whether a major price dump is imminent or merely FUD and market manipulation. It highlights the broader stress on altcoins and explores how traders might profit amid...
EigenCloud Provides Verifiable Compute for Trustworthy AI
Really like where this is going AI is scaling fast, but without verifiable compute it’s hard to trust the outputs. EigenCloud are tackling that exact problem. Cool to see it recognised in the @a16zcrypto State of Crypto report
CZ: Tokenized Gold Isn't True On‑Chain Gold
BINANCE FOUNDER CZ SAYS “TOKENISING GOLD IS NOT ‘ON CHAIN’ GOLD.” https://t.co/5UljI9fU3W
'Millisecond' Preconfirmations Make It to Ethereum via New RPC
Infrastructure provider Primev announced a “FAST RPC” that enables Ethereum mainnet transfers to reach effective block times as low as ~200 milliseconds by issuing millisecond-scale preconfirmations. The RPC preconfirms transactions before final inclusion in blocks, cutting user-facing latency from seconds...
Tucker Carlson Suspects CIA Involvement in Bitcoin's Origin
TUCKER CARLSON BELIEVES THE CIA PLAYED A ROLL IN THE CREATION OF BITCOIN PERSONALLY I DON’T THINK THIS THEORY IS STUPID IN THE SLIGHTEST https://t.co/U9NZf4tUfG
Bitcoin's Bull Market Finds Strong Support Band
Bitcoin Bull Market Support Band https://t.co/mr7f0vrTNU
Citadel CEO Discloses Massive Stake in Solana Treasury Company
Citadel founder Ken Griffin and Citadel disclosed multimillion-dollar stakes in DeFi Development Corp., a treasury company tied to the Solana blockchain, marking a notable institutional bet on Solana-linked assets. The filings show sizable investments by one of Wall Street’s largest...
Quantum Solutions Becomes Japan’s Largest ETH Treasury
UPDATE 🚨 TOKYO-LISTED QUANTUM SOLUTIONS ANNOUNCES IT BOUGHT 2,365 $ETH IN JUST 7 DAYS, MAKING IT JAPAN’S LARGEST ETH TREASURY COMPANY! https://t.co/KzKqvjE0lY
Bitcoin May Briefly Slip Below $100K, Says Standard Chartered
BREAKING 🚨 STANDARD CHARTERED PREDICTS BITCOIN MAY DIP BELOW $100K THIS WEEKEND, BUT IT’LL BE BRIEF, PROBABLY THE LAST TIME $BTC IS UNDER $100K! 👀 https://t.co/E9A1R6U2rY
Congress Moves to Revamp Bank Secrecy Act’s Reporting Thresholds After 50 Years
Senators led by Banking Committee Chair Tim Scott introduced the STREAMLINE Act to modernize the 1970 Bank Secrecy Act by raising reporting thresholds — boosting the Currency Transaction Report trigger to $30,000 from $10,000 and lifting Suspicious Activity Report bands...
Discounted Bulk Orders Available for Bitcoin for Everyone
We've been getting a lot of questions about bulk orders for schools, non-profits and companies for Bitcoin is for Everyone. Bulk orders can be purchased here for a significant discount: https://t.co/KoK8mXsO9Q Thank you all so much for your interest in...
Solana Achieves Milestone First, Sets New Standard
Solana did it first
Polymarket Adds BNB Deposits and Withdrawals
POLYMARKET NOW SUPPORTS $BNB DEPOSITS AND WITHDRAWALS ON ITS PLATFORM! https://t.co/nvuGpzsbFC
Bitcoin’s Creator Irrelevant; It’s Open‑source, Neutral Math
If you think knowing who created Bitcoin matters, you don’t understand it. Bitcoin is open source. Nobody has special rights, and everyone can verify that. It doesn’t matter who created Bitcoin. Bitcoin is neutral technology, like math. Who invented math, @TuckerCarlson?
Launching Japan's First Institutional-Grade ETH DAT Revolution
Three months into the DAT revolution, we’re happy to support Japan’s first institutional-grade ETH DAT. Expanding access to innovation in global capital markets is key — thrilled to do this alongside @Quantum_SKK2338 and @FrancisBZhou.
VanEck Calls October Bitcoin Dip a Mid‑Cycle Reset
VANECK SAYS OCTOBER'S BITCOIN PULLBACK IS A MID-CYCLE RESET, NOT A BEAR MARKET! Leverage has normalised, on-chain activity is rising, and liquidity continues driving the cycle! https://t.co/RNmcnB6BB1
Kraken’s Tydro Market Gains Early Momentum with Aave
Early success for Kraken’s Tydro market powered by @aave. Higher.
Shutdown Pauses TGA Drain, Crypto Liquidity Dip Temporary
The government shutdown has halted the drain of the TGA + No RRP to drain > Less liquidity (temporarily) > sloppy crypto as the pointy end of the liquidity spear. This too shall pass.. If you don't understand best ask @grok...
Native Bitcoin on Spark Beats Wrapped Bitcoin
Real Bitcoin on @spark > wrapped Bitcoin.
Harsh's Deep Dive Into Zcash Consensus Upgrades Impresses
This is a damn good thread. Really glad Harsh is studying this stuff, since he's interested in Zcash consensus protocol upgrades.
DeFi Skips KYC, but Still Offers Disclosures
Defi does NOT have KYC. Defi can have disclosures.
Crypto Neobanks Return Custody, Unlock High‑Yield Credit
Banks take custody. Crypto neobanks give it back. 🔁 On Unchained, Itamar Lesuisse & Mike Silagadze join to discuss: 💳 Credit without credit scores 📈 How crypto neobanks allow your cash to earn 10%+ 🌍 Onchain FX as the next...
CPI Looms, Altcoin Crash Sparks Hidden Opportunities
Basically markets continue to fumble until the next big macroeconomic event comes in: CPI. That's going to provide a direction of the markets of #Bitcoin, and also what we could expect from the FED. #Altcoins are down 20-40% on the month,...
Tech's Value Trumps Crypto Prices; Adoption Comes First
It is nonsensical to debate the merits of this technology based on crypto asset price movements. This tech works. It will be deployed at scale. Price is a derivative of that. That’s how early we are. Invert.
Crypto Bears Signal Market Exhaustion Despite Modest Decline
CT getting bearish crypto when there hasn't been a huge move down is confirmation that market is in exhaustion phase https://t.co/JgzaYXYM9K
Free Alpha and Cash Giveaway
Let's share some alpha and give some money away... shall we? https://t.co/vDyVoomuic
Innovating Everywhere: Lending, Trading, Derivatives, Stablecoins, Insurance
A VC told me "you can only innovate 1 thing", challenge accepted. The reason every article on Flying Tulip is so long is that we are innovating on; lending, trading, derivatives, stablecoins, insurance, and even yield. Time to deliver on...