News — Page 25

June’s ~18.5% drawdown left BTC pinned near $60K as heatmap liquidity and seasonality argue for a rebound if key MAs are reclaimed.

The consultation lands as Binance plans EU service restrictions and DefiLlama shows multi-day net outflows after its Greece withdrawal.

Volume rose to $43.16M and exchange netflow turned positive, keeping near-term direction tied to flows and the $0.168 line.

Co-founder Michael Anderson framed stablecoins as onchain capital for asset-backed lending against real-world collateral.

CoinGlass showed a $1.71M net spot outflow, with short liquidity stacked at $1.70–$1.74 above price.

DefiLlama data shows over $400M in seven-day net outflows, but the move is small versus tracked assets and lacks EU-only attribution.

A Vitalik-linked 7,000 ETH transfer added a fresh sentiment trigger while traders wait for flows and leverage to recover together.

Coinglass data showed BTC on track for a second straight red quarter as major altcoins fell harder on the week.

The analysis ties mid-June cuts to weak volumes, funding, and retail activity about eight months after bitcoin topped.

Bitcoin breaking below $60,000 and a Coinbase Q1 earnings miss are reinforcing risk-off pressure in crypto-linked stocks.

TVL rose to about $2.05B and perps open interest climbed 46% as traders added exposure into the move.

He anchored the slump to BTC’s slide from an ATH above $126,000 to around $60,000 and flagged U.S. policy timing as a sentiment catalyst.

STRC’s 11.5% dividend preferred traded about 25% below its $100 design level as bitcoin slipped under $59,000.

The nonbinding resolution lands days after MiCA’s July 1 CASP authorization deadline and asks the Commission to assess lending, NFTs, and DeFi.

The firm expects about $400 million in gross proceeds from the CEPT merger, with a Monday vote and early-July close on deck.

The listing names the Hyper Foundation website and Hyperliquid trading app and is framed as a consumer warning, not a ban.

The extension gives digital asset firms more time to pursue AFS licensing ahead of the 2027 Digital Asset Framework.

Net assets across the ETF complex have fallen to about $72.6B, down roughly 57% from the October 2025 peak.

The platform says the affected dependency was removed and impacted users will be fully refunded.

With roughly 844,000 BTC bought near $75.6K and bitcoin near $60K, mark-to-market swings can dominate quarterly optics.