Key Takeaways Bitcoin fell 3.6% to an intraday low of $61,860 as the aggregate crypto market cap declined by nearly 3%. The rout triggered $171 million in crypto liquidations, forcing 11,202 Coinglass traders out of positions. Tx co-founder Mike McCluskey warns that a $10.6 billion options expiry on June 26 will test the $60,000 mark….
Bitcoin (BTC) holders who acquired their coins more than five years ago have cut spending to a 90-day average of 962 BTC, the lowest level since November 2024, according to CryptoQuant data. The slowdown follows three major spending peaks over the past two years, including a high of 3,860 BTC in May 2024. At the…
Solana Foundation is trying to turn pro-trader subsidies into chain-level market structure. With Frontier Traders, the Foundation introduced a program on June 17 that aggregates activity across Solana venues, offers VIP rebates, and covers priority infrastructure for qualified users. The package moves Solana’s pitch closer to the way large trading venues compete for serious flow:…
In brief OpenAI released GPT-5.5-Cyber, a model designed to help find and fix software vulnerabilities faster than previous versions. It outperforms Anthropic’s Mythos on key benchmarks, while Mythos faces a U.S. government ban over national security concerns. The model is being released to trusted defenders with controls, in contrast to Anthropic’s more restricted approach. OpenAI’s…
Tesla stock slipped as the National Highway Traffic Safety Administration said it would examine a fatal crash. Source link
Key Takeaways NYT reports that Meta’s founder Mark Zuckerberg prioritizes Arena, a prediction markets app targeting 3.56 billion daily users. Arena will initially use a points system, with real-money wagering not ruled out for future builds. Polymarket and Kalshi face a new competitor with unmatched distribution as of June 23, 2026. Meta declined to comment…
Zcash miner Fortitude Mining Holdings is set to merge with medical technology company HeartSciences in a deal that will allow Fortitude to become publicly traded without pursuing a traditional initial public offering. The all-stock transaction announced Tuesday will see Fortitude’s management team assume control of the combined company, which will operate under the Fortitude name…
Elizabeth Warren has spent much of the past decade warning Americans about the risks posed by privately issued and decentralized digital assets. Over the years, the Massachusetts Democrat has built a reputation as one of crypto industry’s most recognizable critics by persistently linking the emerging industry to money laundering, speculative excess, consumer losses, and sanctions…
In brief The Ethereum Foundation is laying off 54 employees, around 20% of its staff, as it restructures to become “leaner and more focused.” The cuts follow of a months-long overhaul built around its March “Mandate” and a new treasury policy, with work now split into five core “clusters” plus operations and management. They come…
Dow Jones AI giant Nvidia stock dived below a key level Tuesday, while Cummins and GE Vernova are near their latest buy points. Source link
