Jun 23 Tuesday
The US Congress will hold a hearing on the Clarity Act on July 17, as disclosed by Bitcoin Magazine. The act aims to provide regulatory clarity for digital assets.
CBOE Global Derivatives head Rob Hocking said the exchange is exploring converting Bitcoin and Ethereum continuous futures into perpetual futures. The CFTC previously approved Kalshi's crypto perpetual futures, opening a regulatory path for similar products at registered U.S. exchanges.
Data from Coinglass shows BTC's 8-hour average funding rate is 0.0004%. Among major exchanges, Binance and Bybit have negative rates at -0.0019% and -0.0027%, while OKX and Gate show positive rates of 0.0028% and 0.0019%.
Japan's National Corporate Pension Fund plans to start cryptocurrency investments by fiscal 2026, allocating about 1% of its total assets (approximately 21.3 billion yen). The fund will reduce yen allocation from 80% to 70% and add 10% in developed market currencies, with the remaining 5% in emerging market currencies, gold, and crypto to diversify currency risk.
Jeffrey Huang was liquidated 7 times on Hyperliquid in the past 10 hours but continues to hold a long position in ETH. He currently holds 1100 ETH worth $1.82 million, with a liquidation price of $1635.71.
A wallet address linked to venture capital firm a16z withdrew 12,780 ETH, worth $21.22 million, from Binance. The transaction was detected by on-chain monitoring service Onchain Lens.
BlackRock stated on X that Bitcoin's role in portfolios is evolving and may serve as a complementary diversification tool. The firm suggests a modest allocation of about 1-2% could impact portfolio return potential while maintaining appropriate risk tolerance.
A Hyperliquid whale holds $415 million in long positions across 7 addresses, including 120,000 ETH and 2,000 BTC. Due to recent price declines, the floating loss has reached $91.46 million, but low leverage means no liquidation risk, with ETH liquidation at $1,160 and BTC at $47,000.
Tesla (TSLA.O) shares fell 3.9% according to Gate exchange data. The decline reflects ongoing market volatility.
Bitget CFD Chief Analyst Lewis Huang stated that the market focus this week will be on the US May PCE price index and Q1 GDP final value. He warned that if PCE exceeds expectations, the dollar index may strengthen, posing downside risk for gold.
Data from Coinglass indicates that if Bitcoin surpasses $65,564, cumulative short liquidations on major centralized exchanges could reach $1.895 billion. Conversely, a drop below $59,492 might trigger $819 million in long liquidations.
Thailand's Department of Special Investigation (DSI) expanded a probe into a network using illegal crypto mining to launder proceeds from phone scams and online gambling, with annual volume exceeding 300 billion Thai baht ($300 million). Authorities seized 6,390 mining rigs, with electricity theft losses of 953 million baht ($29 million), and issued arrest warrants for four Chinese financiers and four Myanmar nationals.
Data from Coinglass shows BTC's total open interest across exchanges fell 5.8% in the past 24 hours to $45.152 billion. Binance holds $8.253 billion, OKX $2.701 billion, Bybit $3.756 billion, and Gate $3.752 billion.
Midas has listed its mGLOBAL security token on Aave Horizon, allowing holders to borrow USDC against it while maintaining full exposure to the underlying assets. mGLOBAL tracks Fasanara Capital's short-duration private credit portfolio, with redemptions facilitated through Midas' Open Liquidity Architecture combining internal liquidity, credit lines, and OTC networks.
A 34-year-old mainland Chinese woman was sentenced to 47.5 months in prison for opening multiple shell bank accounts in Hong Kong to launder about HK$9.29 million for a criminal syndicate. The syndicate used 43 Hong Kong bank accounts between June and September 2024 to process proceeds from 34 fraud cases, totaling HK$18 million, and laundered up to HK$230 million through cryptocurrency transactions.
Fortitude Mining Holdings, a vertically integrated Zcash mining platform, has signed a definitive merger agreement with HeartSciences through an all-stock transaction. The combined company will operate under the Fortitude brand, led by CEO Andrea Childs, and plans to list on Nasdaq under the ticker "TUDE" pending approval.
A newly created address withdrew 1,683 Bitcoin from Binance, valued at $105 million. The transaction was monitored by Onchain Lens.
US stock index futures continued their decline, with Dow futures falling 0.53%, S&P 500 futures down 1.48%, and Nasdaq futures dropping 3%. The data was reported by Gate exchange.
New York-based blockchain analytics firm Allium has raised $40 million in Series B funding, led by Amplify Partners with participation from Kleiner Perkins and Theory Ventures. The company provides cleaned and integrated on-chain data to institutional clients including Visa, Federal Reserve, Coinbase, and a16z's crypto division.
Federal Reserve Governor Christopher Waller delivered opening remarks at the Fed's fifth conference on the dollar's international role, positioning stablecoins and tokenized assets as new channels for expanding the dollar's global influence. He emphasized that the conference aims to gather diverse perspectives to assess key forces affecting the dollar's international status.
Lido DAO has voted to revoke the 'official' bridge endpoint designation for wstETH on nine networks including zkSync Era, Scroll, and Mantle. The move is a governance resource adjustment that does not affect technical operations, and users can still hold, transfer, or bridge wstETH back to Ethereum.
The euro weakened against the US dollar, reaching 1.1391, the lowest level since June 2025. The intraday decline was 0.3%, according to Gate exchange data.
B.AI's daily token throughput reached a historic peak of 12.09 billion, with API calls accounting for 99.2% of usage. On-chain deposits totaled 71.8%, with TRON chain becoming the preferred deposit channel for global developers due to its high settlement efficiency and low cost.
THORChain has resumed trading after a five-week halt following a May attack that drained $10.7 million from one of its six Asgard vaults. The protocol confirmed all vaults and key shares are verified, with native Monero swaps undergoing end-to-end testing.
The European Commission proposed a comprehensive third-country crypto asset service ban on Russia, implying that wealthy country blocs can force compliance from any nation connected to their financial system. This serves as a warning for the Philippines, where remittances account for 9% of GDP and crypto channels are growing, as its regulatory authority stops at borders and external financial disconnection could shift compliance costs to ordinary families.
Swedish listed Bitcoin treasury company H100 received shareholder approval for all resolutions at its annual general meeting, including issuing consideration shares for the acquisition of Moonshot AS and Never Say Die AS. Following the transaction, H100's Bitcoin reserves will increase from 1,051 to approximately 3,500 BTC.
Data from Coinglass shows that Binance experienced a net inflow of 37.2679 million USDT in the past hour. This indicates a significant movement of funds into the exchange.
Gate has launched a semiconductor stock promotion from June 23 to July 1, offering users a chance to win SK Hynix stock rewards. New users can share a $17,000 SK Hynix stock pool, with individual rewards up to 2 shares.
From June 23 to July 1, Gate offers new users 2 USDT for their first contract trade of at least 500 USDT. Referral rewards and a 100 USDT trial voucher for app download are also available, with a maximum of 112 USDT per person.
SBI Group has obtained approval from Japan's Financial Services Agency to issue JPYSC, a yen-pegged stablecoin, within the week. The stablecoin will be issued by SBI Shinsei Trust Bank, traded via SBIVC Trade, and developed with Singapore-based Startale Group, aiming to integrate with SBI's securities, crypto, and banking services.
Nethermind and UBS completed two proof-of-concept tests on Ethereum Sepolia testnet, demonstrating that regulated banks and asset managers can enforce compliance on public blockchains without modifying the Ethereum protocol. The tests involved a node applying custom compliance rules to outgoing transactions and a component routing approved transaction bundles to specific block builders, with no real funds used.
WEEX exchange has extended its gold token trading contest until June 30. New users who deposit at least 100 USDT and complete their first spot trade of PAXG or XAUT with a volume of at least 50 USDT will receive a 10% APY coupon and 10 USDT bonus. All users can earn up to 200 USDT in bonuses based on contract trading volume.
BlackRock deposited 2,400 BTC ($149.61M) and 38,337 ETH ($63.38M) into Coinbase. The asset manager may continue to deposit more.
Bitget has introduced the VIP Miracle Medal program, offering four achievement medals for traders in crypto, US stocks, and CFDs. The initiative expands VIP services and complements previous perks like the VIP Fast Track and VIP Airdrop Season.
If Bitcoin surpasses $65,431, cumulative short liquidations on major centralized exchanges could reach $1.629 billion. Conversely, if Bitcoin falls below $59,516, cumulative long liquidations could reach $537 million.
Nakamoto Inc., led by CEO David Bailey, closed its medical clinic on June 19, completing the liquidation of legacy medical business inherited from the 2025 merger with KindlyMD. The company now focuses on three segments: media and information services, asset management, and advisory, holding 4,467 BTC worth about $278.5 million.
ABCDE co-founder Du Jun stated that the crypto space has returned to the payment narrative of the Bitcoin whitepaper. He will continue investing in crypto, believing blockchain will ultimately reshape financial infrastructure.
Aave founder Stani stated he could accept the Bank of England's requirement for systemic stablecoins to hold 30% of reserves at the central bank, provided the BoE pays market interest rates on those deposits. The BoE proposed the reserve requirement to mitigate risks, while Stani focuses on whether the passive deposit rate covers the opportunity cost of locked assets.
A whale deposited 2,010 ETH worth $3.3 million to Binance after 7 months of inactivity, facing an unrealized loss of $12.7 million. The whale previously withdrew 10,026 ETH at $29.26 million and still holds 8,016 ETH valued at $13.24 million.
Bitget has launched a USDT-margined perpetual contract for token O, supporting up to 20x leverage. The exchange's trading bot service is also available for the new contract.
THORChain has fully resumed operations, including signing, node churning, asset custody, liquidity provision, and cross-chain swaps, after a month-long outage. The network prioritized security and stability, completing verification of vaults and key shares, with future plans including native Monero swaps, Zcash support, dynamic fees, and deeper liquidity.
A whale opened a 20x leveraged short position of 554,700 SOL, valued at $38.14 million, in the past 24 hours. The whale also holds an 11x leveraged short position of 2,577.62 ETH.
Address 'pension-usdt.eth' shorted 50,000 ETH two days ago, with a notional value of about $82.36 million. The whale now holds approximately $4.35 million in unrealized profit, having previously profited from 23 consecutive trades.
Taiko announced it has fully identified the root cause of a recent attack on its ERC20 Vault on Ethereum, which resulted in losses exceeding $1 million. The team has developed a remediation plan to safely resume blockchain operations within days, prioritizing affected users and consulting with the DAO council.
SecondFi announced on X that a security issue was found with a small portion of Cardano wallets on its platform. The team has contained the issue and suspended affected functions, entering maintenance mode to protect users.
Status Network will integrate its gas-free and privacy L2 technology into the Linea ecosystem, becoming its native distribution layer. Pre-deposit vaults are closed, with assets migrating to Linea mainnet; depositors will receive proportional rewards in SNT and LINEA tokens.
According to Glassnode, traders on Hyperliquid have been increasing long positions during BTC's downtrend, with buying-the-dip sentiment persisting. This has raised the potential for a short squeeze, while altcoin selling pressure is diminishing but BTC remains under pressure.
According to Coinglass data, total liquidations across all crypto exchanges reached $705 million in the past 24 hours, with long positions accounting for $587 million and short positions $118 million. Bitcoin long liquidations were $153 million, while Ethereum long liquidations totaled $148 million, and the largest single liquidation order occurred on Hyperliquid for ETH-USD valued at $14.15 million.
Bitcoin (BTC) has dropped below $62,000, currently trading at $62,000 on Gate exchange. The cryptocurrency has seen a 24-hour decline of 3.52%.
Binance will launch JPY spot trading pairs for GIGGLE/JPY, MEME/JPY, and TRB/JPY on June 26 at 16:00. Users will enjoy zero maker fees on these pairs from June 26, 16:00 to July 26, 15:59.
According to Coinglass, Bitcoin's 8-hour average funding rate across all exchanges is 0.0033%. Among major exchanges, Binance has a rate of 0.0018%, OKX 0.0011%, Bybit 0.0012%, and Gate 0.0067%.
A dormant whale began selling Ethereum after seven years, offloading 1,100 ETH for a $1.9M profit. The whale originally purchased 27,586.48 ETH for $5.72M and still holds 26,486.48 ETH worth $44.86M, with total ETH profits reaching $41M.
Bitcoin rose above $65,000 after Strategy announced an increase in cash reserves and the purchase of 520 bitcoins. QCP noted a rotation in US stocks, with the Nasdaq weakening and small caps strengthening, indicating risk appetite has not fully turned negative.
Taiko has identified the root cause of the attack on its cross-chain bridge and is developing a fix to restore blockchain operations. The team is working with exchanges and security partners to trace and freeze the hacker's assets, while remaining bridge funds are safe.
Data from Coinglass indicates that if Bitcoin surpasses $67,211, cumulative short liquidations on major centralized exchanges could reach $1.324 billion. Conversely, a drop below $61,271 would trigger $1.125 billion in long liquidations.
On June 22, Ethereum spot ETFs recorded a total net outflow of $66.04 million, marking the third consecutive day of net outflows. The 21Shares ETF TETH had the highest daily net inflow of $346,100, while Blackrock's ETHA saw the largest daily net outflow of $66.38 million.
Binance co-founder He Yi stated on X that CoinUp operator Zhu Pan once impersonated others to defraud her but failed. He also allegedly impersonated He Yi to defraud Tron founder Justin Sun.
David Hoffman, founder of Bankless who previously sold all his ETH, expressed support for newly formed Ethlabs, stating it represents the brightest future for Ethereum. Ethlabs, a non-profit founded by former Ethereum Foundation researchers, aims to drive Ethereum's next growth phase, with support from Bitmine, SharpLink, and Joe Lubin.
Bitwise XRP ETF (XRP) recorded a single-day net inflow of $5.31 million on June 22, bringing its historical total net inflow to $482 million. The total net asset value of XRP spot ETFs stands at $993 million, with a cumulative net inflow of $1.452 billion.
Glassnode reports that the Altcoin Cycle Signal has re-entered the 'altseason' zone. This shift is primarily driven by Bitcoin's significant pullback rather than a broad rally in altcoins, as selling pressure in the altcoin market has been gradually exhausting after nearly two years of sustained sell-offs.
Polymarket is accused of paying dozens of social media creators to record fake betting and high-profit videos on a simulated website resembling the official platform, targeting US audiences. The platform stated it is conducting a comprehensive audit of promotional content to ensure compliance with internal standards and regulatory disclosure requirements.
According to SoSoValue data, the NFT sector fell 3.79% in 24 hours, with Pudgy Penguins (PENGU) down 2.96% and Audiera (BEAT) down 6.29%. Bitcoin (BTC) dropped 1.06% below $64,000, while Ethereum (ETH) fell 1.34% to around $1,700.
SuperEx has listed Re (RE) in its innovation zone with RE/USDT spot trading, and deposits, withdrawals, and trading are now live. RE is also supported as cross-collateral margin for futures, as it aims to connect on-chain capital with the $1 trillion reinsurance market as a real-world asset (RWA) capital layer.
A wallet address linked to Arthur Hayes withdrew 44,156 HYPE (worth $2.93 million) from Gate exchange one hour ago. The address has completed two HYPE swing trades in the past two weeks, accumulating a profit of approximately $508,000.
According to RootData, FLOCK will unlock approximately 104.56 million tokens at 00:00 Beijing time on June 30, valued at around $38.63 million.
People's Bank of China Vice Governor Xuan Changneng stated that China's anti-money laundering work has entered a new stage, with over 2,000 convictions for money laundering under Article 191 of the Criminal Code in 2025. Since 2022, efforts have been intensified to combat professional money laundering, virtual currency money laundering, and cross-border money laundering activities.
Ophelia Snyder, co-founder of 21Shares, said the crypto industry and traditional finance have a communication gap on tokenization. She noted that while small-scale tests work, integrating tokenized assets into existing bookkeeping, compliance, and regulatory systems for large-scale US capital markets remains a major challenge.
Hut 8 agreed to pay $2.35 million to settle a securities class action alleging misleading disclosures during its 2023 merger with U.S. Bitcoin Corp. The lawsuit focused on undisclosed risks related to the King Mountain Bitcoin mining project in Texas, including power and connectivity issues. Hut 8 denied wrongdoing, and the settlement awaits court approval.
Synthetix founder Kain Warwick and core contributors proposed SIP-423 to freeze and deprecate the sUSD contract, with sUSD trading at $0.25, 75% below its $1 peg. Holders would receive 4 SNX per sUSD at $0.25 face value, subject to a one-year lockup plus one-year linear vesting, with a conditional USDT option if the protocol generates over $10 million in revenue within two years.
Backpack CEO Armani Ferrante stated that projects aiming for long-term success should conduct their Token Generation Event (TGE) as early as possible, while those fearing market FUD should not issue tokens at all. He responded to user @AleyProbably's view that delayed TGEs have worsened market conditions, as liquidity is best achieved through airdrops.
A wave of AI-driven layoffs is sweeping the tech industry in 2026, with companies reallocating funds to AI infrastructure. Oracle cut 21,000 jobs over 12 months, while Amazon eliminated 16,000 corporate positions in January.
Sovra, a self-custody fintech platform targeting the Middle East and North Africa, has raised $2 million in pre-seed funding led by Pharsalus Capital. The platform offers USDC-based global digital dollar accounts, allowing users to hold, send, use, and earn yields on digital dollars without relying on traditional banks or custodians.
Hyperliquid whale positions total $4.588 billion, with long positions at $2.318 billion (50.53%) and short positions at $2.269 billion (49.47%). Long positions show an unrealized loss of $104 million, while shorts have a profit of $20.29 million.
Upbit will list Arcium (ARX) on June 23 at 14:00 KST, supporting KRW, BTC, and USDT trading pairs. Deposits are available within 2 hours of the announcement.
ETF Store President Nate Geraci stated on X that Cboe is considering converting its Bitcoin and Ethereum continuous futures products into perpetual futures. Geraci noted that traditional financial institutions are being forced to respond to crypto-native innovations, marking just the beginning of traditional finance absorbing crypto market innovations.