Key Takeaways Bitcoin fell 5% to $59,018 on June 24, dragging crypto market cap to $2.15T. Long liquidations hit $486M; below $58K, $1.6B in leveraged bets face wipeout. Contrarians see capitulation; June 30, 2026, window may define bitcoin’s next trend. Bitcoin Hits New YTD Low Below $60K Bitcoin dipped below $60,000 on June 24 amid
Key Takeaways Bitcoin exchange-traded funds (ETFs) lost $113.78M on June 23 as Blackrock’s IBIT shed $182M. Ether ETFs fell $82.35M, showing risk-off sentiment despite Fidelity’s $15.69M inflow. HYPE gained $1.46M and Solana added $137K, signaling selective crypto demand. Fidelity’s FETH Draws $15.7 Million but Ether ETFs Still Post $82 Million Outflow The market’s patience with
Key Takeaways A wallet tied to a16z withdrew 25,560 ETH (about $42.62 million) from Binance, per Lookonchain. The withdrawal points to possible accumulation as ether trades near $1,670, well below its $4,946 peak. A16z has been an active onchain buyer in 2026, including a roughly $192 million HYPE position flagged in May. Tracking the Withdrawal
Key Takeaways Cryptoquant said Strategy’s dividend coverage fell from 7-plus years to 14 months, urging a pause on bitcoin buys. Strategy’s cash reserves dropped 38% in 2026 as annual dividend obligations climbed to about $1.2 billion. STRC preferred shares remain stuck below their $100 par value, signaling investor caution toward the firm. A Collapse in
The Financial Action Task Force (FATF) approved a new targeted update on international virtual asset standards and a separate report on decentralized finance (DeFi) regulatory challenges during its plenary meeting in Paris held from June 17 to 19, 2026. According to the FATF, both documents focus on mitigating money laundering and terrorist financing risks and
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The proposed settlement, filed Monday in the U.S. District Court for the Southern (NYSE: SO) District of New York, would resolve claims on behalf
Key Takeaways Jackpocket ticket won $71.5M on Feb. 17, 2025, but Texas Lottery froze the payout. Texas Rangers probe may reshape courier-app rules affecting DraftKings and lottery sales. Jane Doe sued on May 19, 2025; courts could decide if retroactive bans can stand. An 83-year-old Texas retiree hit the Lotto Texas jackpot on 2/17/2025, only
Meta Chief Executive Mark Zuckerberg has directed a team to develop an experimental prediction markets smartphone app internally called “Arena,” according to a report by The New York Times on June 23. The independent app would allow users to bet on the outcomes of various events, initially utilizing a points-based system rather than real money.
Key Takeaways DWF Labs says $31B+ in RWAs is onchain, but under 10% is active in DeFi. Blackrock’s BUIDL highlights liquidity issues, with fewer than 30 transfers monthly. Maple Finance and Figure are building tools to unlock RWA trading, yield, and scale. Blackrock, Maple, and Figure Compete to Unlock Utility for $31 Billion in RWAs
Key Takeaways Ethlabs launched with five former Ethereum Foundation researchers to strengthen core infrastructure. Bitmine, Sharplink, and Joe Lubin back Ethlabs as institutional Ethereum adoption grows. Ethlabs will focus on scaling, interoperability, and AI commerce in Ethereum’s next phase. Ethlabs Forms Independent Research Group to Strengthen Ethereum’s Core Network A group of senior Ethereum contributors