In the past 24 hours, over $1.14 billion in crypto market positions were liquidated, with long positions accounting for roughly 91 percent of the total, according to data from Coinglass.
Crypto liquidations (Source: Coinglass)
The sharp unwinding came as Bitcoin dropped more than 5 percent from a local high of $108,000 Thursday to as low as $103,000, following Israeli airstrikes across Iran.
The...
Bitcoin dropped sharply early Friday following Israel’s overnight strikes on Iran, weakening its recent position as a perceived safe-haven asset.
The leading digital asset fell over 5 percent, from a local high of $108,000 on Thursday to approximately $103,000, as market participants reacted to escalating conflict in the Middle East.
Oil markets surged in response to the developments, with Brent...
During Bitcoin’s climb to a new ATH above $111,000 in late May, a silent but measurable reshuffling has occurred in the market: more BTC is now held on offshore exchanges than on regulated platforms in the US, and volumes are steadily leaking from KYC-compliant venues.
Data from CryptoQuant shows that the market embraced institutional inflows in 2025 without abandoning its historical preference...
Geneva, Switzerland, June 12, 2025 – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced the first minting of the USD1 stablecoin on the TRON blockchain. Released by World Liberty Financial., the developer of a pioneering DeFi protocol and governance platform...
Unveil the Secret to Decentralized Crypto with Neo Pepe
Welcome to the Neo Pepe revolution, where memes meet cutting-edge cryptocurrency! Neo Pepe ($NEOP) isn’t just a coin; it’s a movement, a rallying cry for decentralization, and the hottest ticket in town for crypto enthusiasts (and yes, meme lovers too). Want to learn how Neo Pepe merges DAO governance, smart treasury management, and a...
Ripple and the U.S. Securities and Exchange Commission have refiled a joint request asking a federal judge to dissolve a court-imposed injunction and approve a revised $50 million penalty settlement, aiming to conclude their years-long legal battle.
According to a June 12 court filing, the SEC and Ripple asked Judge Analisa Torres of the Southern District of New York to issue an indicative ruling...
Shopify is rolling out support for USDC payments, allowing consumers to pay with stablecoins via Shopify Payments and Shop Pay.
The feature, developed in partnership with Coinbase and launching on the exchange’s Base blockchain, is available in early access starting this week and will expand to more merchants over the coming months.
New payment rails
According to Shopify CEO Tobi Lütke, the...
BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) expanded by about $1 billion between March 26 and June 11, representing roughly half of the $2 billion growth of the tokenized US treasuries market in the period.
According to rwa.xyz data, BUIDL’s size is $2.89 billion as of June 11. It is the largest tokenized money fund, representing 40% of the $7.34 billion market.
The March 26...
Andreessen Horowitz’s crypto arm a16z said blockchains could steer artificial intelligence toward user ownership and open standards, according to a June 11 report.
The paper argued that core context and “agent passports” should reside in self-custodial wallets, providing any large-language-model interface with instant access to preferences without requiring repeated training.
A chain-based...