News — Page 53

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.

The network urged node operators to restart for resync while the root cause remains under investigation.

A four-hour rounded-top and daily bear-flag breakdown align with Glassnode’s 1.0 MVRV band near $53,390.

The risk-off open put $60,000 back in play as a weakening pivot with June’s monthly close now the next checkpoint.

Investors are treating the Texas campus as scarce power-and-grid infrastructure, not a proxy for Bitcoin or ETF flows.

Eighteen of 20 constituents were higher, with BCH up 5.8% while HBAR and XLM were the only decliners.

The acquisition is targeted to close around October and is contingent on regulatory clearance.

The reported service could launch as early as 2027 and aims to bypass banking-hour delays via instant stablecoin settlement.