Glassnode loss supply tops profit as bitcoin tests the 200-week moving average near $61.3K
The loss>profit crossover hit ~10.5M BTC underwater versus ~9.8M in profit, a bear-market condition with uncertain timing.
The loss>profit crossover hit ~10.5M BTC underwater versus ~9.8M in profit, a bear-market condition with uncertain timing.
A rapid dip to $61,300 triggered massive liquidations, followed by a rebound that has traders divided on whether it signals recovery or a bull trap.
The investment firm positions WLD as an 'overlooked' crypto proxy for the impending AI mega IPOs of OpenAI and Anthropic, citing specific catalysts.
The network says issuers and acquirers will be able to settle some transactions intraday, on weekends, and on holidays using regulated stablecoins.
Long liquidations dominated the wipeout, while Binance’s BTC balance hit a three-month high of 659,000 BTC.
Jenny Johnson pointed to Benji’s Stellar cost figures and a MoonPay stablecoin workflow as the institutional path.
The pact sets shared metrics, audit and status data exchange, and crisis coordination tied to MiCA oversight.
The 93-day T-bill ETF is built for payment-stablecoin reserve eligibility as CLARITY’s yield fight drags on.
The note links OECD refinancing needs, Japan yield pressure, and wider swap spreads to a two-stage risk-off then liquidity response.
He tied the pitch to Bitmine’s claimed 5.4M ETH holdings and a June 26 Russell 1000 inclusion catalyst for BMNR.
BTC printed an intraday low near $66,948 as traders refocused on the $66,250 50-month EMA and deeper downside zones.
Ben Nadareski argues onchain yield can scale with institutions if proof of reserves and time locks become standard.
The project says it sells pooled consumer compute and bandwidth to AI firms at up to 75% lower cost than traditional providers.
Vice PM Mamuka Mdinaradze cited 133M kWh of 2025 consumption and tasked law enforcement to identify illicit operations.
A break could open $3.40–$3.77, with June’s expected dynamic-resharding upgrade as a nearby catalyst.
The token remained about 45% lower on the day as calls grew for market-maker counterparty disclosure.
On-chain losses deepened and “extreme fear” returned, even as $100K+ transfers spiked on the dip.
Options skew and implied vol firmed as traders watched a $68,600 liquidation pocket and AI tokens diverged from majors.
Traders are converging on a $68K–$69K support test, with $72,500 framed as the key reclaim level.
A June 1 13:00 UTC volume spike to 96.26 million drove the breakdown, with $1.20 the next downside level if support fails.