Bookmarking Crypto Insights
XRP is trading on shaky ground near $1.11 as a fresh selloff threatens to drag it under $1.10, even as Ripple puts its RLUSD stablecoin to work funding clean-water access for millions of people. A Price on Shaky Ground XRP has slipped into a precarious technical setup, breaking below a bullish trendline support at $1.1620 … Read more
Bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value. A Drawdown Not Seen Since 2022 Bitcoin closed out one of its ugliest stretches in years, dropping about 17.3% while ether fell roughly 22%, the largest weekly declines … Read more
Tech stocks and crypto are selling off in a “classic pre-mega-IPO liquidity squeeze,” say analysts. Go to Source
Morpho just made history. The decentralized credit protocol has closed a $175 million funding round, the largest raise DeFi has ever seen and the investor lineup behind it reads like a who’s who of the most serious capital in both traditional and crypto finance. The round was co-led by Paradigm, a16z crypto, and Ribbit Capital, … Read more
Bitmine Immersion Technologies has scooped up another 75,000 ether worth roughly $123 million, lifting the Tom Lee-chaired firm’s treasury past 5.4 million ETH and deeper into a multibillion-dollar bet on the network. A 75,000 ETH Buy in an Eight-Hour Window Bitmine Immersion Technologies (NYSE American: BMNR) acquired 75,000 ether on June 9 for about $123 … Read more
Bitget Wallet just opened a tokenized equity subscription for SpaceX through xStocksFi, giving regular crypto users a shot at price exposure to one of the most valuable private companies on the planet, with a $3 million total pool and a hard cutoff on June 11. The subscription is live right now and runs until June … Read more
South Korea’s national police has been battling crypto-enabled crimes from DPRK-state level threats to scams targeting retail investors. Go to Source
The Hyperliquid Policy Center and Paradigm say the Treasury’s money laundering rules for the GENIUS Act are too onerous for stablecoin issuers. Go to Source
The Open Network’s native token Toncoin is being renamed to Gram, with the ticker changing from TON to GRAM, effective June 15 at 12:00 UTC. The community has spoken with an 81.22% majority, the rollout is already underway, and every exchange, wallet, and block explorer in the ecosystem has a hard deadline to complete the … Read more
Morpho has raised $175 million in a funding round led by Paradigm, A16z Crypto, and Ribbit Capital. The DeFi lending protocol is now valued at about $2 billion as it expands from crypto-native markets into institutional finance. Morpho Targets Institutional Finance as TVL Hits $6.6B Morpho has raised $175 million in fresh funding, giving the … Read more