Botanix to shut down and sets July 9 withdrawal deadline for bridged assets
The Bitcoin DeFi network warned any funds left after the deadline will be swept and “be unrecoverable.”
The first and largest cryptocurrency by market cap.
View Bitcoin price, charts & market data →The Bitcoin DeFi network warned any funds left after the deadline will be swept and “be unrecoverable.”
BTC futures open interest rose to 728,000 BTC as funding and CVD stayed negative and Deribit puts priced richer than calls.
The note ties higher-for-longer rates to equity stress even as global M2 nears $122.6T and stablecoin reserves sit around $72B on exchanges.
Miner cost bands, realized price, MVRV deviation zones, and a weekly bear-flag setup all point to the same retest area.
The exchange is pitching the products as regulated derivatives as MiCA’s July 1, 2026 authorization deadline approaches.
The product targets applicants denied unsecured credit and keeps sequestered USDC on Coinbase earning yield.
Prosecutors said the defendant faces up to 20 years after a Florida incident involving a beating and brief detention.
Tokenized stocks rose 422% while bonds and money market funds added $6.5B even as crypto sold off in early June.
The note spotlights $1.06B annualized fees, $220B 30-day perp volume, and $2B+ in cumulative HYPE repurchases since Jan. 2025.
Cohort flows show mixed positioning while downside frameworks still map sub-$60,000 zones.
The firm lifted its cash reserve to $1B and shareholders approved semi-monthly STRC dividends starting June 30.
A weakest-since-Oct-2024 weekly close and macro stress from rates, USD/JPY, and geopolitics keep breakdown risk elevated.
SoSoValue data shows redemptions clustered early in June, with IBIT alone at about $1.34B of the week’s net outflows.
Key levels cluster at $59.1K support and a $72.5K upside imbalance as CPI/PPI and oil above $95 add volatility risk.
CME FedWatch shows markets pricing a December 25 bp hike as bitcoin rebounds toward $63,000.
The new contracts track a four-week BTC volatility gauge and arrive as CME reports higher crypto-derivatives activity year-on-year.
BTC traded near $62,153 versus Strategy’s stated $75,701 average cost as shareholders face a 50% turnout threshold Monday.
The hint lands days after Strategy’s first BTC sale since 2022 and amid executive share-sale plans tied to vested awards.
The bank says crypto’s 2H 2026 setup hinges on dividend-funding clarity and a market-structure bill now seen below 50% odds this year.
SoSoValue data shows $1.72B left the 11 spot BTC ETFs last week, reversing February’s flow pattern.