In crypto news today (June 25), BTC USD crashed below $60,000 late yesterday but has since recovered to $61,500, with nearly $1Bn in liquidations piling up and $780M of that $994M figure coming from long positions. The Bitcoin crash coincided with ETF flows seeing $469M exit the various BTC funds, the largest day of outflows
Meanwhile, RLUSD continues to rise in terms of usage and market cap, hitting $1.6 billion on CG. By extending its collaboration with long-term local partner SBI Group, Ripple has received approval from the Japanese Financial Services Agency (JFSA) to launch its stablecoin available in the country. The company’s Senior Vice President of Stablecoins praised
Five former senior researchers from the Ethereum Foundation have launched Ethlabs, an independent non-profit R&D organization dedicated to advancing Ethereum’s technical capabilities for the mass adoption phase. Ethlabs launched on June 22nd with backing from BitMine, SharpLink, and Ethereum co-founder Joe Lubin. The emergence of Ethlabs comes during the same week the Ethereum Foundation announced
Key Takeaways node=”” data-is-only- node=””> Mastercard targets 12/31/2030 for tokenized, biometric payments replacing card numbers. Mastercard says tokens and biometrics could cut fraud and reshape retail checkout flows by 2030. node=””>Apple Pay and Google Pay adoption grows, but outages and access concerns may test the transition. The plastic card has been riding high just as
It’s last call for your “we got X before GTA VI” memes. As of midnight local time on June 25, Grand Theft Auto VI is finally available for preorder on PlayStation 5 and Xbox Series X/S ahead of its mid-November release. It comes in two editions starting at $79.99. GTA VI preorders are currently live
Garden was criticized for profiting from proceeds of other hacks, which investigators claim make up a quarter of the bridge’s volume. Source link
A new CoinGecko analysis found that nearly seven in 10 Pump.fun tokens stopped trading on the same day they launched. Summary Most Pump.fun launches lose trading activity within hours, showing how thin meme demand can be. Only 4.55% of tokens lasted over 90 days, making long-running projects rare on the platform. The data comes as
Project Pangea brings together Korean and European banking coalitions to tackle the $9.6 trillion-a-day foreign exchange market’s persistent settlement delays using onchain infrastructure. Chainlink has launched Project Pangea, a cross-border foreign exchange settlement initiative involving more than 50 financial institutions representing over $10 trillion in assets under management. The project aims to replace the industry’s
Bitcoin usage is surging despite weak prices, as Ordinals and Runes drive network activity while ETF outflows pressure BTC lower. Bitcoin network activity remains close to record highs, according to CryptoQuant’s Bitcoin Network Activity Index, even though the cryptocurrency is still trading below its all-time high. The index tracks metrics such as active addresses,
Cardano has crossed one of the most consequential technical thresholds in its history. On June 23, the network launched the public testnet for its Leios scaling protocol — a milestone described as the most significant the chain has reached in years. The testnet carries the name Musashi Dojo, a nod to the 16th-century samurai philosopher