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
Chinese Tech Giants Halt Hong Kong Stablecoin Plans Amid Beijing Concerns: FT
Ant Group and JD.com have paused plans to issue stablecoins in Hong Kong after Beijing regulators signaled concerns about private firms creating digital currencies, according to the Financial Times. The suspension follows increased scrutiny from Chinese authorities about the risks of private-issued tokens and comes as Hong Kong seeks to position itself as a crypto and fintech hub. The move underscores Beijing’s tightening control over digital currency issuance, potentially slowing innovation and deal activity for mainland tech firms and weakening Hong Kong’s ambitions to attract token-related business.
On‑chain Transparency Missing in Most Perp DEXs
“Nobody knows what really happened last Friday.” 📉 Avery Ching says that if Aptos' perp DEX existed, we'd see which market makers pulled liquidity, how spreads changed, who profited, all onchain. On Unchained: 💱 “Most perp DEXs still match orders...
Polygon Leads Stablecoin Adoption Amid Global Crypto Maturation
The global crypto market is maturing, in large part due to Fed rate cuts and positive new regulation in the US. While India might be lagging in terms of regulatory clarity, retail participation is rising. Polygon is here to make this transition...
XRP, SOL Break Ahead with Bullish Reset in Sentiment as Bitcoin and Ether Stay Stuck in the Gloom
Options markets are signaling a bullish reset for XRP and Solana as 25‑delta risk reversals on Deribit turned positive across Oct. 31, Nov. 28 and Dec. 26 expiries, with XRP trading around $2.33 and SOL near $186. By contrast, bitcoin...
BitMine Accumulates $1.5B in Ether Since Crash Despite Lee’s Treasury Bubble Fears
BitMine Immersion Technologies accumulated 379,271 ETH (about $1.5 billion) in three purchases since last weekend’s crypto-market crash, bringing its total to over 3 million ETH—roughly 2.5% of supply and worth $11.7 billion—as it targets a 5% stake after beginning large-scale...
🚨MRBEAST BIG CRYPTO PLANS & GOLD TO BITCOIN ROTATION!
The episode examines a potential shift of liquidity from gold to Bitcoin as gold prices pull back, suggesting a rotation into crypto assets. It highlights MrBeast’s new trademark filing that signals his firm’s interest in launching crypto‑related ventures, and discusses...
John Bollinger Says to ‘Pay Attention Soon’ as Big Move Could Be Imminent
Renowned technical analyst John Bollinger flagged potential W-bottom reversal patterns emerging in Ether and Solana charts, warning traders to “pay attention soon” as a significant move may be imminent. The observation points to a possible bullish reversal in two of...
Mt. Gox Repayments Due Oct. 31: Will a Supply Wave Hit BTC?
Mt. Gox trustees must complete Base, Early lump‑sum and Intermediate Bitcoin repayments by an Oct. 31 deadline — a Tokyo court extended the original Oct. 31, 2024 cutoff by one year after processing delays — with roughly 34,689 BTC still...
Three New Launches Compound Value for YGG Ecosystem
Shipped 3 things 0-1 this year @YieldGuild: @LOLLandGame May 2025 @YGG_Play Publishing with @GIGACHADBAT Sept 2025 @YGG_Play Launchpad Oct 2025 The beautiful thing is that they all compound each other deliver value to the ecosystem via $YGG We're 5 years in @YieldGuild but I feel...
PANDU Breaks Downtrend, Anticipates Upward Rally
$PANDU broke its downtrend! Next rally up likely from here https://t.co/hpw9dFSgeQ
There Are Three Major Tailwinds for Crypto’s Next Rally, Says Galaxy Digital’s Alex Thorn
Galaxy Digital head of research Alex Thorn says the structural crypto bull market remains intact despite Oct. 10’s sell‑off, citing roughly $19 billion of liquidations as Bitcoin fell from about $126,300 to an intraday low near $107,000 and Ether slid...
Bitcoin: The New Form of Money
bitcoin is money
Altcoin Season Index Plummets—Is Market Risk Rising?
Altcoin Season index drops sharply. Should we be worried now? https://t.co/enFWfn8ZaR
Grayscale Calls Solana ‘Crypto’s Financial Bazaar’: Does the Data Back It Up?
Grayscale labeled Solana “crypto’s financial bazaar” in an Oct. 10 research note, arguing SOL leads peers on users, transaction volume and fee generation and touting its user experience and Solana Virtual Machine as an architectural moat. The CryptoSlate piece tests...
Billions in BTC Shorts Face Liquidation Near $120k
$20B in BTC short liquidations sit between $110,000 and $130,000. Negative funding rates. Interest combination. 🤔 https://t.co/daQs6RUXAw
Earn Up to 10% APY on ZEC via Rhea
Don’t miss ZEC yield via Rhea NEAR eco grinded to deliver truly chain abstracted apps Zolanear
Satoshi's Bitcoin Stash Declined by over $20B From All-Time High Amid Crash
Satoshi Nakamoto’s estimated Bitcoin holdings have fallen by more than $20 billion from their all-time high amid a recent crypto market crash that wiped out as much as 99% of value in some tokens. The decline reflects a broad slump...
USDS Supply Rebounds, Matching DAI’s Strong Growth
USDS supply is trending upwards after falling from its peak last February Strong growth in both USDS and DAI https://t.co/bLnEyft2FJ
Bitcoin Experiences Quiet Weekend Consolidation
Boring weekend consolidation for Bitcoin! https://t.co/al7lZWnbfJ
Roman Storm Asks DeFi Devs: Can You Be Sure DOJ Won't Charge You?
Roman Storm warns that US law offers no explicit safe harbor for open-source DeFi developers, leaving them exposed to potential retroactive prosecution by the Department of Justice. The piece highlights legal ambiguity around contribution to decentralized finance code and the...
Back in Amsterdam, Asking for Your Altcoin Chart Requests
Back in Amsterdam for 1 day. Let’s do some requests today. Which #Altcoin would you like me to chart?
Bitmine Buys $1.5B Ethereum; Tom Lee Remains Bullish
BITMINE ACQUIRES $1.5B IN ETHEREUM, TOM LEE WARNS OF TREASURY BUBBLE BUT REMAINS BULLISH ON CRYPTO! https://t.co/SJ3hdTxJfW
Trade Wars and Bitcoin Blues: Déjà Vu as U.S.–China Tensions Weigh on Crypto
Renewed U.S.–China trade tensions have spilled into crypto markets, triggering a sharp correction in Bitcoin and broader sell-offs across digital assets that mirror earlier episodes this year. The episode underscores rising correlation between geopolitical risk and crypto volatility, as investors...
Polygon P2P Stablecoin Volume Remains Strong
Polygon P2P stablecoin volume looking good
Treasury Firms Keep Boosting ETH and SOL Holdings
BREAKING 🚨 TREASURY FIRMS ARE STILL ACCUMULATING! On-chain data shows Digital Asset Treasuries (DATs) are consistently increasing their $ETH and $SOL holdings https://t.co/qW0CyURR9v
Analyst Says He ‘Nibbled’ HYPE Below $34, Eyes $28 Area as Downtrend Persists
Pseudonymous analyst Pentoshi said he took a small spot position in Hyperliquid’s HYPE token under $34, filling roughly 20% of his target and planning to add toward $30–$28 and “go hard” if it falls below $30. He flagged a broader...
Altcoin Bull Market Reviving: 10x Picks for 2025
The #Altcoin bull market hasn't died. It's about to wake up. These #Altcoins I do expect to do a 10x in 2025. Watch it here: https://t.co/8BVBsQhsFU
BTC, ETH, SOL Hold Top Range for Months
But note that we've been in the current top range for months for $BTC, $ETH and $SOL.
Ripple CLO Rejects the Narrative That Crypto Is Just a Tool for 'Crime and Corruption'
Ripple Chief Legal Officer Stuart Alderoty pushed back against recent New York Times pieces in an Oct. 17 X post, calling the portrayal of crypto as primarily a tool for “crime and corruption” “lazy and inaccurate.” He emphasized that public...
Price Ranges Tend to Persist at Both Extremes
Top ranges often last for a while, as do bottom ranges.
Japan May Let Banks Hold Bitcoin for Investment
JAPAN’S FINANCIAL SERVICES AGENCY IS CONSIDERING ALLOWING BANKS TO HOLD CRYPTOCURRENCIES LIKE $BTC FOR INVESTMENT PURPOSES! https://t.co/Yrf93BucAV
U.S. Treasury Crypto Holdings Reach $21.24 Billion
THE U.S. GOVERNMENT’S CRYPTO HOLDINGS ARE NOW AT $21.24B! https://t.co/6XWOBoYKQi
Japan Mulls Allowing Banks to Trade and Hold Bitcoin
💥BREAKING: 🇯🇵 JAPAN CONSIDERING NEW RULES TO LET BANKS TRADE AND HOLD BITCOIN! https://t.co/3kezLmkvgp
Private Companies Bitcoin Holdings Surge From 12 to 279K
IN 2020, JUST 12 PRIVATE COMPANIES HELD BITCOIN, NOW, 279K PRIVATE COMPANIES OWN $BTC! https://t.co/sfdbXQwyc3
Eight More Years on Solana, Awaiting MCP Launch
After 8 years in on solana, I feel like I’ve got another 8 in the tank at least. It better not take that long to ship mcp @MaxResnick1
Honest Hiring Builds Mission‑aligned, Future Founders
It’s important to be very honest upfront with what a job is (and isn’t). Otherwise you end up bringing people in that don’t actually want to work there. Working at Coinbase is hard. We mention this a lot during the hiring...
Bitcoin Holds Key Higher‑Timeframe Support Level
#BTC continues to hold higher timeframe support 🚀Follow @rektcapital for more level-headed insights on Bitcoin
Treasury's Bitcoin Reserve Swells 64%, Now 3.5% Gold Value
“Since March, the administration has authorized the Treasury to retain seized digital assets as part of a Strategic #Bitcoin Reserve… with the Prince Group seizure, that reserve just grew 64% overnight, reaching ~3.5% of the U.S. gold stockpile in dollar...
Bitcoin Is the Foundation; Altcoins Can’t Thrive without It
When someone tells me that they have zero percent of their #Crypto portfolio exposed to #Bitcoin I tell them this: Altcoins can't succeed without #Bitcoin #Bitcoin can succeed without altcoins
Aim for Bragging Rights by Hitting $200M Aave Market
Bragging rights for grabs to cross the 200M @tydrohq Aave market. https://t.co/UATiFYYYR6
Bitcoin's Early Stage Dwarfs Outdated Support Line Warnings
Massive new gold deposits are being discovered all the time, but I still see technical analysis saying “watch out” if Bitcoin drops below a line they drew on a chart that supposedly shows “support.” We are so early.
Zolana: The Top Platform for ZEC Trading
Zolana is the best place to trade ZEC
Decade‑Long Crypto Lawyer Witnesses Real‑Time Evolution
I’ve been a lawyer in the crypto space for 10 years. Saw this happening in real time
Bitcoin Plummets as Exchange Reserves Continue Shrinking
BITCOIN CRASHED BUT EXCHANGE RESERVES KEEP FALLING 👀 https://t.co/QGKbsEz0QB
Solana: The Digital Oil Powering the Data Economy
Data is the new oil, and solana is digital data
End of QT, Possible QE Return Sparks Bitcoin Bull
QT stops soon. QE might return. Insanely bullish for Bitcoin! https://t.co/BysJDOtuS9
Open Markets Enable Permissionless Price Discovery
Permissionless price discovery
Bitcoin's Wild Comeback From Rock‑bottom Levels
#BTC It's been a wild ride from the very bottom $BTC #Crypto #Bitcoin https://t.co/Y5PAx6H8r0
Assessing Dip Purchases in Today's Market Cycle
Are you looking to buy any dips at this point in the cycle?
Hold Stablecoins, Wait for November Moon, Then Degen
I'm not buying this dip. I have my moon bag ready if November goes parabolic. I'd rather be mostly in stables and go all in like an absolute degen when everything inevitably crashes next year. This is the play.