Gold (XAU) and silver (XAG) futures have climbed into the top five by trading volume on Binance Futures.
Binance Metal Rush Doesn’t Leave Crypto Behind Just weeks after Binance rolled out gold and silver perpetual futures settled in USDT, the cumulative volume across the metals contracts already reached the tens of billions of dollars, a CryptoQuant report from yesterday claims.
However, CryptoQuant’s analyst Marteen assures that Binance is still overwhelmingly crypto‑native. Bitcoin leads the futures volume around the low‑$20‑billion range with Ethereum following behind at $18.1B and Solana at a distant third at $3.0B. But the metals’ rise into the top bucket shows non‑crypto assets are no longer a sideshow. Gold is already in 4th place at $2.15B, and silver is right behind it at $1.98B.
Marteen’s conclusion is simple. Binance still leans heavily toward crypto, but it has outgrown being a pure crypto venue. Commodities have soaked up liquidity at speed, and equity‑linked products are now starting to see meaningful flow as well.
[Binance] – Snapshot Futures Volume – April 1st, 2026. Source: CryptoQuant. Binance Joins The Oil Rush Too According to WuBlockchain, Binance’s new “TradFi” futures suite (gold, silver and stock‑linked products) has rapidly captured a meaningful share of overall derivatives activity on the platform.
On April 2, the first full trading day after launch on Binance, USDⓈ-margined perpetual contracts for crude oil assets CL and BZ recorded trading volumes of $760 million and $358 million respectively, ranking third and fourth among Binance TradFi perpetual products. Meanwhile,… pic.twitter.com/PoROHzQsur
— Wu Blockchain (@WuBlockchain) April 3, 2026
Crude oil benchmarks CL and BZ posted volumes of $760 million and $358 million dollars respectively, placing them third and fourth among Binance’s traditional‑finance perpetual products.
Daily Volume by Symbol. Binance TradFi-USDT Perp. Source: WuBlockchain. Trading activity, however, remains dominated by gold (XAU) and silver (XAG), which together generated $5.58 billion in daily volume, makin up more than 70% of the total.
Are Crypto Venues Morphing Into Multi‑Asset Trading Hubs? Let’s keep in mind that Binance is not the only crypto venue experiencing such a dramatic shift. In recent weeks, Hyperliquid has been under the spotlight for many reasons, but one of the main ones is that the leading perp DEX’s combined HIP-3 (oil, gold and silver) open interest reached all-time highs. The platform is now trading more volume in tokenized commodities than digital assets. Just yesterday, NewsBTC reported that tokenized Brent oil futures on Hyperliquid generated about $46.6 million in liquidations in 24 hours, making oil the third‑most liquidated asset on the decentralized exchange.
Gold Perpetual Contracts on Binance right now, showing the performance. They are trading for almost $4.7k Source: XAUUSDT.P on Tradingview. Gold and silver have been ripping on the back of inflation worries, rate‑cut bets and geopolitical stress. Binance is joining the 24/7 RWA’s trading hub bandwagon by effectively letting traders express those macro views with high leverage and stablecoin collateral, instead of using legacy commodity exchanges.
Gold and silver breaking into the top five on Binance Futures is a signal that the line between crypto and TradFi markets is dissolving, with liquidity, speculation and hedging all moving onto the same rails.
A portion of derivatives capital rotating into metals and stock‑linked contracts can thin order books and amplify volatility in smaller altcoins during risk‑off episodes.
Silver Perpetual Contracts on Binance right now, showing the performance and technicals. They are trading for almost $73. Source: XAGUSDT.P on Tradingview. Sophisticated players might use metals futures on Binance as a hedge against crypto drawdowns. Correlation regimes between BTC and gold (as the one between oil and Bitcoin explained by NewsBTC yesterday) could shift as both trade on the same venue. Ignoring this new macro layer on Binance’s futures board could mean missing an important signal about where “smart” derivatives flow is going.
At the moment of writing, BTC trades for almost $67k on the daily chart. Source: BTCUSD on Tradingview. Cover image from Perplexity. All charts from Tradingview.
Bybit has secured a $600 million Ethereum (ETH) infusion from Mirana Ventures as it recovers from the $1.5 billion hack.
The breach, which was labeled the largest crypto heist in history, saw unauthorized access to Bybit’s ETH cold wallet. However, the exchange’s rapid response, bolstered by key partnerships, is restoring confidence in its stability.
Bybit Recovers From Ethereum HackAccording to blockchain analytics firm Arkham, Mirana Ventures has deposited $600 million worth of ETH to Bybit over the past three days, making it the largest ETH depositor since the hack.
“Mirana Ventures appears to have acquired this ETH by selling $500 million BTC and $100 million USDT through FalconX, Galaxy Digital, and Wintermute OTC,” Arkham posted on X (formerly Twitter).
Mirana Ventures is an early-stage global investment fund investing in crypto companies strategically relevant to Bybit and its affiliate BitDAO. Notably, Bybit’s co-founders are also among the capital providers of Mirana Ventures.
Meanwhile, in the aftermath of the hack, Bybit demonstrated impressive financial resilience. Within 48 hours of the incident, the exchange had secured 254,830 ETH.
According to the latest blog, this was made possible by strategic partnerships with major crypto players such as Galaxy Digital, FalconX, and Wintermute, alongside support from Bitget, MEXC, and DWF Labs.
In fact, last week, Bybit CEO Ben Zhou publicly confirmed the successful restoration of its Ethereum reserves. The exchange has also fulfilled its financial commitments. According to Lookonchain data, Bybit has repaid Bitget’s loan by transferring 40,000 ETH back to the platform.
Bybit Hackers Move Stolen ETHWhile Bybit continues to recover stolen funds, the hackers responsible for the breach are actively moving the stolen Ethereum. According to Arkham, the hackers have already bridged at least $6.2 million worth of stolen ETH to Bitcoin (BTC) using Thorchain and swapped ETH for DAI on OKX’s Web3 Swap.
An on-chain analyst also revealed that the hackers laundered 45,900 ETH, worth about $113 million, over the past 24 hours. Thus, the total amount laundered so far now stands at 135,000 ETH, or roughly $335 million—nearly one-third of the total stolen.
A significant amount of stolen funds—363,900 ETH, worth around $900 million—remains in the hacker’s wallet. At the current rate, the analyst suggests it could take 8 to 10 more days for the hackers to clean out the remaining funds.
Bybit isn’t standing still. In response, Bybit has rolled out a new API system to help track blacklisted wallets in real time. Furthermore, the CEO has introduced a bounty site dedicated to tracking the money laundering activities of the North Korean hacker group Lazarus.
“We have assigned a team to dedicate to maintain and update this website, we will not stop until Lazarus or bad actors in the industry is eliminated. In the future we will open it up to other victims of Lazarus as well,” the post read.
This new platform will allow bounty hunters to trace stolen funds and earn rewards for successful freezes, all while fostering greater transparency within the crypto industry.
To further protect user assets, Bybit has also frozen $42.89 million in stolen assets. This was achieved through coordinated efforts with crypto giants like Tether, CoinEX, and OKX.
Tether froze 181,000 USDT, CoinEX secured 847,000 USDT, and OKX froze 2,783 ETH. Other partners, including FixedFloat, ChangeNow, and Avalanche (AVAX), also froze additional assets.
TLDR:Institutional Adoption Moves from Pilot to ProductionBlockchain Infrastructure and Regulatory Frameworks Take ShapeGet 3 Free Stock Ebooks BlackRock’s Larry Fink emphasizes tokenisation necessity as markets accelerate blockchain adoption for funds. Central banks prioritize wholesale CBDCs and regulated stablecoins to enhance settlement and cross-border payments. Bank of America and BNY Mellon prepare for transactional blockchain integration once regulatory clarity arrives. Bitcoin’s fixed supply positions it as potential reserve asset with sovereign allocations driving higher valuations. The World Economic Forum in Davos 2026 witnessed financial institutions shifting from questioning cryptocurrency’s validity to implementing tokenisation and blockchain technology across their operations.
Institutional Adoption Moves from Pilot to Production The financial sector has reached an inflection point where digital assets transition from experimental projects to regulated deployment.
Wholesale applications in settlements, collateral management, and securities markets are advancing first, with retail adoption expected to follow.
Major institutions plan to activate blockchain networks, treating tokenised funds and real-world assets as programmable alternatives to traditional ETFs operating continuously.
BlackRock’s Larry Fink addressed this transformation during the forum. According to André Casterman’s analysis, Fink stated that “tokenisation is necessary” and emphasized that “markets need to move very rapidly with tokenisation.”
Fink described on-chain products such as tokenised money-market and bond funds as next-generation instruments for established financial exposures. Blockchain technology provides the foundational record-keeping and settlement infrastructure for these products.
Central banks and financial institutions converged on wholesale-first strategies for central bank digital currencies, tokenised deposits, and regulated stablecoins including USDC and RLUSD.
These mechanisms aim to reduce settlement cycles, improve cross-border payment efficiency, and increase intraday liquidity. The approach contrasts sharply with volatile, unbacked cryptocurrencies that dominated earlier market cycles.
Bank of America’s Brian Moynihan predicted banks will “come in hard on the transactional side” once regulatory frameworks solidify. He views public and permissioned blockchains as interconnected payment layers where traditional banks maintain intermediary roles.
BNY Mellon CEO Robin Vince characterized digital assets as a “new interesting, innovative technology” that will reshape custody and settlement operations over the coming decades.
Blockchain Infrastructure and Regulatory Frameworks Take Shape Changpeng Zhao of Binance identified three areas showing promise: tokenisation for operational efficiency, payments for accelerated cross-border transfers, and artificial intelligence integration for automation.
Circle’s Jeremy Allaire positioned stablecoins as a “neutral layer” that complements rather than competes with traditional banking infrastructure.
Blockchain’s technical capabilities drove discussion at the forum. Shared ledgers enable simultaneous verification, programmable smart contracts automate processes, and composable architecture allows seamless system interconnections.
A panel featuring the Bank of France governor and Coinbase’s Brian Armstrong debated Bitcoin’s role as a scarce, decentralised alternative to fiat currencies, potentially countering inflation and monetary debasement.
Major fiat currencies abandoned gold standards during the twentieth century and currently lack hard asset backing.
Bitcoin’s fixed supply cap of 21 million units offers deflationary characteristics, operational transparency, and protection against debasement.
These attributes position Bitcoin as a potential reserve asset, with sovereign allocations possibly driving valuations to $500,000-$700,000 according to Fink’s projections.
United States regulatory developments include the forthcoming Digital Asset Market CLARITY Act, which divides oversight responsibilities between the SEC and CFTC.
White House Crypto Czar David Sacks commented on institutional participation, noting that “after market structure passes, banks are going to get fully into the crypto industry” and predicted “it’s going to be one digital assets industry.”
The framework enables traditional institutions to engage with digital assets under defined parameters.
XDC Network represents enterprise-grade blockchain infrastructure supporting this evolution. The platform’s hybrid protocol accommodates tokenised real-world assets, rapid settlements, and ISO 20022-compliant payments suited for wholesale finance.
The network targets dozens of new masternodes in 2026, scaling toward thousands by 2035 to support expanding institutional adoption.
Crypto has spent years chasing its grand institutional moment. Most of the attention has gone to Bitcoin ETFs, tokenized funds, stablecoins, and the promise of Wall Street moving on-chain. Yet one of the clearest use cases may sit in a far less glamorous corner of finance: trade finance.
That is the market Travis John, Head of Institutional DeFi at XDC Network, believes blockchain can improve in a practical way.
Speaking at Consensus Miami, Travis described a global trade system still dependent on fragmented records, slow bank coordination, paper-heavy processes, and expensive financing.
“Since 2019, we’ve been building these rails,” Travis said. The goal, he explained, is “a better, faster, cheaper, more transparent way to track global commerce.”
Global Trade Still Runs on Broken Records The problem is easy to understand. A shipment of coffee can involve nine parties. Copper can involve eleven. Banks, exporters, importers, logistics providers, and financiers all touch the same transaction, yet they often work from separate records.
That creates delays and mistrust. When banks cannot see the full picture, they price risk higher. When smaller importers or exporters cannot prove their records clearly enough, they may lose access to financing altogether.
Travis pointed to the scale of the problem.
“The trade finance industry is about $15 trillion, give or take,” he said. Within that market, he cited “a $2.5 trillion plus gap” where businesses cannot access the financing they need.
That gap affects real companies moving real goods. Many exporters and importers cannot close deals because lenders do not have enough trusted data to underwrite them fairly.
XDC Wants to Make Trade Finance Visible This is where XDC’s pitch becomes more interesting than another generic real-world asset story. The network is focused on trade documents, shipment details, certificates, invoices, and other proofs that multiple parties need to trust.
Travis described blockchain as the record layer that brings those moving parts into one shared view. If every party can see the same verified information, financing can become cheaper and faster.
The opportunity is especially strong for smaller companies locked out of traditional trade finance. Travis said many are forced into high-cost funding because lenders cannot underwrite them properly.
With better records, he said, costs can fall sharply. In some cases, he suggested the improvement could be around 50%.
A great way to close out Consensus Miami.
Under The Stars with @StJude & @NolchaShows brought together builders, institutions, investors, creators, and supporters from across both the XDC ecosystem and the broader digital asset industry for an incredible evening of conversation,… pic.twitter.com/0Pmnn43YsW
— XDC USA (@XDC_USA) May 11, 2026 Stablecoins Were the Missing Payment Layer XDC has been building trade finance rails for years, but Travis said the market needed a practical payment mechanism before the system could scale.
“The thing that really needed to be in place that was missing was stablecoins,” he said.
A blockchain ledger can track the transaction, but stablecoins can move the money. Travis described a “stablecoin sandwich,” where fiat enters on one side, stablecoins move through the middle, and fiat comes out at the other end.
A process that can take seven days through traditional channels could happen in closer to 24 hours, depending on the parties involved. That means faster settlement, lower costs, and better cash flow for businesses that depend on cross-border trade.
The Real Asset Is Cash Flow For investors, Travis frames trade finance as something more grounded than speculative crypto yield.
“This is a claim on cash flows. This is real businesses, real goods that are moving from point A to point B with real purchase orders, real invoices.”
That may be the real hook. Trade finance is dull. It is paperwork, shipping, settlement, and funding. Travis admitted as much: “It’s kind of a boring business.”
But boring markets are often where infrastructure matters most. If crypto can reduce friction in a $15 trillion market, it does not need hype to prove its value.
It needs cheaper financing, faster settlement, and records people can trust. And XDC is betting on this version of institutional DeFi: better rails for global commerce.
Cardano’s total stablecoin market cap has climbed to roughly $54.88 million, a 15% jump from where it stood in early March 2026. That figure captures just how quickly liquidity has been building on the network over the past several weeks.
USDCx Drives the Surge Circle’s USDCx now commands the largest share of Cardano’s stablecoin market at 45.20%, with USDM at 26.90%, USDA at 15.45%, and DJED at around 5.90%. Data from Cexplorer shows that nearly 8 million USDCx were minted within just the last two days of the reporting period.
According to Messari data, Cardano recorded a 61% rise in stablecoin market cap over the past seven days — the highest among major blockchain networks tracked during that period. Polygon came in second at 36%, followed by World Chain at 10.3%, HyperEVM at 7.4%, and XDC Network at 3.5%.
Source: Messari Net stablecoin flow for the current epoch on Cardano has reached approximately $8.55 million. Reports indicate that around $9.57 million worth of stablecoins were minted during this stretch, while roughly $1 million were burned.
A Gap That Still Remains The minting surge has been concentrated in USDCx, which is Circle’s on-chain representation of USDC on the Cardano blockchain. That product has seen consistent minting activity throughout the week, with activity accelerating in the final two days.
ADAUSD currently at $0.23. Chart: TradingView Despite the momentum, Cardano has not yet secured a direct integration of a Tier-1 stablecoin such as Circle’s native USDC or Tether’s USDT.
Cardano founder Charles Hoskinson has raised this point repeatedly, saying that such an addition would significantly strengthen the network’s DeFi activity and liquidity depth.
What The Numbers Reflect The figures point to rising on-chain activity across the Cardano ecosystem, even as the network continues working toward deeper stablecoin infrastructure.
Analysts generally treat stablecoin inflows as a signal of expanding financial activity and wider DeFi adoption on a given chain.
Cardano’s one-week performance puts it well ahead of the other networks in Messari’s rankings for stablecoin market cap growth.
Whether that pace holds will likely depend on how quickly new stablecoin integrations and minting activity continue across the ecosystem.
Featured image from Unsplash, chart from TradingView
HTX, a leading global cryptocurrency exchange, is leading the charge in a unique dual celebration on May 22, as Bitcoin Pizza Day coincides with the Trump Dinner.
This moment, where history meets the present, is drawing global attention. In celebration of this special occasion, HTX has proudly partnered with diamond sponsors JUST Protocol, SunPump, APENFT, BitTorrent, and WINkLink, alongside platinum sponsors Levva and ChainGPT, to launch a series of Pizza Day-themed promotions across multiple business lines, including Spot, Futures, Earn, and Community, boasting a total prize pool of nearly 1 million USDT. Whether you’re a new or existing HTX user, you’ll discover exclusive opportunities and exciting benefits throughout these events.
Event 1: HTX Pizza Day Celebration: 200,000 USDT in Surprise Gifts with Seven Project Partners Get ready for Pizza Fest! From May 13 to May 26, HTX is joining forces with seven esteemed partner projects—SunPump, APENFT, JUST Protocol, WINkLink, BitTorrent, Steem, and MEVerse—to deliver a 14-day Pizza Day Celebration packed with over 200,000 USDT in Surprise Gifts. During the event, users can claim daily gifts on the HTX App, distributed at 02:00 (UTC) daily. On May 22 at 12:00 (UTC), Bitcoin Pizza Day, HTX will drop even more Surprise Gifts featuring bigger rewards, distributed in the form of tokens, Cashback Vouchers, Futures Trial Bonuses, Margin Interest Vouchers, and APY Booster Coupons.
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From May 20 at 10:00 (UTC) to May 25 at 10:00 (UTC), HTX invites both new and existing users to join the four-tiered rewards event and share a total prize pool of up to $200,000. See below for details:
1. New users who sign up and complete any spot, futures, or margin trade during the event will receive a welcome package that includes a 20 DOGE airdrop, APY Booster Coupons for SmartEarn, and Margin Interest Vouchers.
2. Users will receive 15 USDT for their first successful referral. By inviting more friends, they’ll unlock Mystery Boxes worth up to 1,500 USDT each, containing popular cryptos like $BTC, $TRUMP, and $HTX. Additionally, they can earn up to another 1,500 USDT when their invitees reach the trading volume target.
3. Eligible returning users who complete spot trading on HTX will have a chance to win BTC in a lucky draw. Additionally, after funding their USDT-M Futures account, they can earn APY Booster Coupons for SmartEarn.
4. Users who trade designated cryptos in spot or futures, or create spot grid trading strategies, will have a chance to share $30,000 in $HTX.
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From May 16 at 02:00 (UTC) to May 23 at 15:59 (UTC), HTX Square is launching a quiz challenge where users can win rewards. Participants who follow HTX Square in the HTX Community and answer all the quiz questions correctly will have the opportunity to share the 200 USDT prize pool.
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Event 4: HTX Earn Bonanza for BTC Pizza Day: Enjoy Up to 10% APY on Popular Assets Celebrate Bitcoin Pizza Day with the HTX Earn Bonanza from 16:00:00 (UTC) on May 19 to 16:00:00 (UTC) on May 25. HTX is launching this special campaign featuring Earn products for both new and existing users. First-time subscribers at HTX Earn can enjoy New User Exclusive products with 100% APY. All users can subscribe to Fixed, Flexible, and Shark Fin products with 14 designated cryptocurrencies, including USDT, and earn up to 10% APY on HTX Earn. Additionally, participants who meet the net subscription increase requirement will each receive a 5% APY Booster Coupon for the USDT Flexible product.
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Event 5: HTX Affiliates Pizza Day Special: Team Up & Trade with Your Invitees to Win a Full Case of Kweichow Moutai Celebrate Bitcoin Pizza Day with the limited-time HTX Affiliates Special Event, running from 10:00 (UTC) on May 20 to 10:00 (UTC) on May 25. HTX Affiliates can refer friends to sign up using an exclusive invitation link or code and form a trading team with invitees. Once the team reaches the required trading volume, rewards will be unlocked. The top prize is a 6-bottle case of Kweichow Moutai Flying Fairy.
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Event 6: HTX Convert Contest Now Live with 10,000 USDT Up for Grabs Don’t miss the HTX Convert Contest! It runs from 16:00:00 (UTC) on May 14 to 15:59:59 (UTC) on May 31. Trade designated cryptos on HTX Convert and reach a total trading volume of ≥500 USDT during the event to qualify for a share of the 5,000 USDT prize pool, with the top individual reward of up to 1,000 USDT. Complete 10 or more trades to unlock an additional prize pool — the more trades made, the bigger the share. Additionally, first-time converters on HTX Convert can also join an exclusive 2,000 USDT prize pool for new users, with up to 20 USDT per person available.
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May 22 isn’t just about commemorating Bitcoin’s first “real-world transaction”; it is also a day for the global crypto community to celebrate the growth of the crypto industry and to share in its rewards. To honor this special day, HTX is launching a multifaceted celebration featuring diverse events that boost user engagement, elevate the festive atmosphere, and fully showcase the platform’s dynamic ecosystem.
Pizza’s on the table and the party’s heating up. Join HTX today and experience the biggest crypto event of the year!
About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.
Binance, one of the world's leading cryptocurrency exchanges, has announced that it will support the planned technical update for the Moonriver network.
30.03.2026 - 05:47
Update: 30.03.2026 - 05:47
Binance, one of the world’s leading cryptocurrency exchanges, has announced that it will support the planned technical update for its Moonriver (MOVR) network. According to the official statement, user transactions will be temporarily suspended as part of the network upgrade.
Accordingly, Binance will suspend token deposits and withdrawals on the Moonriver network on March 30, 2026, at approximately 3:00 PM Turkish time. This step is stated to be taken to ensure the smooth execution of the planned network upgrade and to protect the user experience.
According to information provided by the project developers, the upgrade on the Moonriver network will take place at block height 15,692,116. This upgrade is expected to be completed around 4:00 PM Turkish time on the same day. Following the network update, the system will need to stabilize before deposit and withdrawal operations can be reopened.
Binance advised users to plan their deposit and withdrawal transactions in advance to avoid any transaction disruptions during this process. They also emphasized that the upgrade would not affect token trading and that spot trading would continue uninterrupted.
Experts note that these types of network upgrades typically include performance improvements and security updates. Therefore, it is important for investors to closely monitor technical updates and pay attention to platform announcements.
*This is not investment advice.
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Binance announced it will support a planned network upgrade on the Moonriver network to protect user experience. According to the exchange’s official statement, token deposits and withdrawals on the Moonriver network will be temporarily suspended starting May 12, 2026, at 3:00 PM.
According to information shared by Binance, the network upgrade will take place at block height 16,249,119. This update is expected to be completed around 4:00 PM on May 12, 2026. The exchange stated that all technical requirements will be automatically managed by the platform during the upgrade process and users do not need to take any action.
The exchange emphasized that the network upgrade will only affect deposit and withdrawal transactions. Trading of tokens on the Moonriver network on Binance spot and other markets will continue uninterrupted. Users will be able to manage their existing positions and continue their trading activities on the platform during this period.
Binance also announced that deposits and withdrawals will automatically resume once system stability is restored following the network upgrade. No further announcements will be made. Users are advised to take this temporary suspension period into account when planning their transactions.
Moonriver is known as one of the smart contract platforms running on the Kusama ecosystem, and it specifically enables the rapid integration of Ethereum-compatible decentralized applications. The upcoming upgrade to the network is expected to bring several improvements in terms of performance, security, and scalability.
*This is not investment advice.
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SK Hynix market cap briefly exceeded Samsung Electronics on Monday, June 22, ending a reign that stretched back to 2000 and marking one of the most dramatic reversals in Korean corporate history.
The new market cap high puts the South Korean company above the likes of Berkshire Hathaway, Eli Lilly, and Walmart. It is also now bigger than Bitcoin.
From Near-Bankruptcy to No. 1As of 03:47 GMT, June 22, SK Hynix’s market capitalization reached 2,082.5 trillion won ($1.35 trillion), edging past Samsung Electronics’ 2081.3 trillion won. The gap is narrow, but it is a significant move. Samsung had held the top spot on the Korea Composite Stock Price Index (KOSPI) without interruption since November 2000.
SK Hynix is cashing in on its dominance in the AI memory chips market. Image Source: Trading ViewThe turnaround is all the more striking given that SK Hynix was near collapse in 2002, when a debt-laden Hynix Semiconductor nearly sold itself to Micron. Its shares fell as low as 135 won in 2003.
As BeInCrypto reported on the KOSPI rally, Korean retail investors have been rotating aggressively into chip stocks this year.
AI Boom is Boosting New PowerhousesThe reversal reflects two very different trajectories this year. SK Hynix shares are up roughly 345% year-to-date, while Samsung has gained around 194%.
SK Hynix benefits from its near-total focus on memory chips, particularly high-bandwidth memory (HBM) used in AI systems, contrasting with Samsung’s diversified business across logic chips and consumer electronics.
The milestone also puts SK Hynix ahead of Bitcoin (BTC), whose market cap sits at approximately $1.29 trillion, making the chipmaker a larger asset by value than the world’s leading cryptocurrency.
“The emergence of customised AI memory fundamentally changed the industry’s economics and allowed SK Hynix to establish itself as the market leader,” said Kim Sunwoo, senior analyst at Meritz Securities, via Reuters.
Alloyed Bitcoin liquidity has witnessed a significant increase, currently holding more than $13 million in deep liquidity on the innovative DEX platform, Osmosis Zone.
This surge highlights increasing engagement from individual and institutional investors and indicates the substantial role that Osmosis is playing in providing Bitcoin DeFi solutions.
The Role That Osmosis Zone Plays Despite Bitcoin being the largest digital asset, it remains significantly unlinked from DeFi. Without an efficient multi-chain liquidity or a native DEX, Bitcoin holders, in many cases, encounter slow, expensive transactions and difficulties when moving between networks.
Osmosis Zone is a DeFi appchain and DEX running on top of the Cosmos blockchain, designed to serve the needs of specific crypto assets. It functions as a trading and liquidity gateway for tokens on appchains without a native spot DEX, including Bitcoin (BTC), dydX (dydX), Celestia (TIA), and others.
Bitcoin Layer-2 platforms like Rootstock, Merlin, and Stacks offer their own representative versions of BTC.
Since these variations are not natively interchangeable with native Bitcoin or each other, moving them normally requires reverting them back to the main Bitcoin blockchain, which is considerably slow and costly.
Osmosis has emerged as a major cross-chain DEX platform that moves these types of tokens between networks in a decentralized way.
To address such fragmentation and interchangeability challenges, Osmosis launched Alloyed Bitcoin, a tech product that unifies numerous Bitcoin variations into one liquid asset.
Alloyed Assets: Game-Changer for DeFi The above impressive liquidity growth aligns with Osmosis’s continued functioning as a major cross-chain gateway, enabling seamless interoperability between BTC variants. It utilizes alloyed assets infrastructure, a network that combines numerous representations of Bitcoin into a single tradable asset.
The increase in alloyed Bitcoin liquidity on Osmosis indicates rapid user utility of this Alloyed Asset mechanism, indicated by surging inflows of investments into Osmosis.
This trend suggests that Osmosis products continue to mature, attracting more inflows of funds and utility, further boosting the network’s stability.
The rise in alloyed Bitcoin liquidity is a testimony to the capability of these offerings designed to solve the challenges of market fragmentation.
Alloyed assets continue to evolve, as currently they can be utilized as a risk-diversified version of tokens that are tradable in the Osmosis network.
Osmosis has witnessed persistent surges in Bitcoin trading volume and liquidity since it launched this product. The platform seeks to become a trading gateway for all BTC-related tokens by using the same linkages that link to sources to BTC itself.
AUTHOR
Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.
PANews reported on August 21st that Osmosis has officially announced that its protocol has generated over $20 million in revenue. This revenue is used to support stakers, Bitcoin accumulation plans, and the growth of the community funding pool, driving the sustainable development of the ecosystem.
According to previous news, Osmosis plans to optimize the OSMO token economic model: increase Bitcoin reserves, achieve OSMO net deflation by the end of the year, etc.
Author: PA一线
This content is for market information only and is not investment advice.
PANews reported on April 6th that the Osmosis team announced an update to the Cosmos Hub proposal, based on feedback from validators and the community, canceling the plan to add new ATOM minting. The required ATOM will be gradually purchased from the DEX through protocol revenue to support the OSMO→ATOM conversion. A revenue support model linked to protocol performance will be introduced, with the total acquisition volume controlled to within 2.5% of the ATOM supply.
Previous reports indicated that Osmosis plans to optimize the OSMO token economic model, including increasing Bitcoin reserves and achieving net deflation for OSMO by the end of the year .
Author: PA一线
This content is for market information only and is not investment advice.
PANews reported on April 14th that, according to SoSoValue data, rising expectations of a US-Iran agreement have restored market confidence, leading to widespread gains in the crypto market. The DeFi sector performed particularly well, rising 5.00% in the last 24 hours. Hyperliquid (HYPE) rose 7.06%, while Lido DAO (LDO) and Aave (AAVE) rose 9.94% and 10.75% respectively. Meanwhile, Bitcoin (BTC) rose 4.51%, surpassing $74,000, and Ethereum (ETH) rose 7.56%, surpassing $2,300.
In other sectors, the RWA sector rose 4.05% in the last 24 hours, with Plume (PLUME) surging 13.92% within the sector; the CeFi sector rose 2.78%, with NEXO (NEXO) rising 3.79%; the Layer 1 sector rose 2.76%, with Algorand (ALGO) rising 8.11%; the Layer 2 sector rose 2.75%, with Optimism (OP) rising 6.90%; the PayFi sector rose 2.59%, with Telcoin (TEL) rising 12.07%; and the Meme sector rose 1.85%, with Binance Life rising 13.20%.
A pointed critique from inside Ethereum’s developer ranks argues that ether’s 65% slide against Bitcoin (BTC) since the Merge stems from specific execution failures at the Ethereum Foundation, not from broad market cycles or coordination problems.
Reid, an ICO-era participant who still builds on Ethereum (ETH), published the indictment, framing the underperformance as accumulated execution debt with names, dates, and missed product calls.
A 65% Drop With Names AttachedReid’s central data point lines up with public market data. The ETH/BTC ratio peaked near 0.085 around the Merge in September 2022.
It has fallen to roughly 0.028 by late May, capturing ether’s underperformance against Bitcoin. Ether currently trades below $2,000, down 21% over the past year.
Ethereum to Bitcoin Ratio. Source: Longterm TrendsReid rejects Bankless co-founder David Hoffman’s framing of ether’s “deserved cap” as a noble ceiling. He argues the cap sits lower than bulls expected, for reasons with names and dates rather than coordination theory.
Reid covers credit and real-world assets at firms including Figure and Securitize, and discloses he is still long ether.
ESG Marketing and a Missing Staking InterfaceReid argues the Merge’s 99.95% energy-reduction message answered questions capital allocators never asked.
Institutions wanted yield, developers wanted finality, and users wanted cheaper transactions. Solana sold raw speed during the same window.
Proof-of-stake sat on the roadmap from 2015 and took seven years to ship. Solana launched mainnet beta in March 2020 and shipped wallets, decentralized exchanges, and money markets while Ethereum debated specs.
Vitalik Buterin’s writing through 2024 and 2025 shifted from Casper specs toward pluralism and network states.
Reid reads that tone as an established Ethereum cultural posture rather than an active competitive one.
The smoking gun, in Reid’s read, is the absence of a first-party staking app three years after the Merge.
The official path still requires running a validator with at least 32 ETH. Most users route through Lido, which holds about 24% of staked ETH despite repeated centralization warnings from developers.
“‘We don’t pick winners’ is what an organization says when it does not want to compete,” Reid remarked.
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Rollups as Managed DeclineThe rollup-centric roadmap drained the base layer. EIP-4844 went live in March 2024 and pushed blob fees near 1 wei through most of 2024 and 2025.
Ethereum’s quarterly transaction fee revenue has fallen roughly 95% from a Q4 2021 peak of $4.3 billion.
Ethereum Transaction Fee Since 2021. Source: Token Terminal Arbitrum has marketed 90% to 98% operating margins on its L2s. Base captured close to 70% of rollup profits by mid-2025.
Every major L2 issued its own token, fragmenting capital flows inside the ecosystem.
Reid contrasts this with Solana’s integrated L1, which has shown fee capture accruing directly to its native token.
The remaining question is whether Foundation product cadence shifts. The ETH/BTC ratio’s path through the rest of the cycle will reflect the answer.
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Once more making waves with some fascinating predictions is Shiba Inu (SHIB). Top trader Dexter has set an ambitious long-term target for the meme coin despite market volatility, expecting it may rise from $0.00001389 to $0.00015, which is almost a 1,000% increase.
SHIB is exhibiting a 1.27% growth over the previous 24 hours, and over 7% in the last week. Still, it’s not getting much traction even while the larger crypto market shows an improving trend.
Dexter forecasts SHIB could rally to a long-term target of $0.00015. Analyst Krao at TradingView presents a somewhat different prediction. With a whopping 7,300% gain from its present price, Krao is hopeful that SHIB might perhaps soar to $0.001 by early 2025.
His positive view rests on a fundamental technical pattern shown on the monthly chart. SHIB has been caught in a protracted decline since reaching its all-time high in October 2021 of $0.000088. A break from this declining wedge formation, according to Krao, could set off a major rally and propel SHIB skyward.
Shiba Inu: Short-Term Forecast Unlike Krao’s long-term hope, CoinCodex presents a more wary short-term SHIB projection. Their study shows that the price is expected to gradually decline by 0.69%, maybe reaching $0.00001397 by October 13, 2024.
With the Fear & Greed Index showing a level of anxiety at 32, the overall mood is neutral. This captures a degree of market anxiety that can affect the near-term fluctuations in SHIB. Despite this, some analysts advise that considering the possibility for future gains, now could still be a good time to buy SHIB.
Source: CoinCodex Current Market Sentiment Before somewhat recovering, SHIB’s price dropped into the $0.000012 area earlier this week. The token’s performance has been underwhelming on weekly and monthly bases. Its recent price path has shown more gloomy days than more hopeful ones.
Apparently moving their money to other joke currencies like PEPE and Dogelon Mars, which are now outperforming SHIB, are retail investors. Dexter keeps a good perspective in front of these difficulties.
He is hoping that SHIB might still eradicate another zero, so increasing its value in the next months. Having a market cap of more than $7.78 billion, SHIB is still rather prominent in the digital currency scene.
SHIB market cap currently at $8.15 billion. Chart: TradingView.com Support And Resistance Dexter’s study identifies critical support areas for SHIB, mostly between $0.00001076 and $0.0000120. SHIB needs these support levels if it is to get back up and increase momentum. Should SHIB decline from these levels, it may do so significantly to $0.000007.
From its present value, this possible drop would be 47%; from its annual high of $0.000045 attained in March, it would signal still another dip. Technical signs point to SHIB as at a turning point. Whether it can keep these important support levels will mostly determine its capacity for a bounce-back.
Looking Ahead While Shiba Inu negotiates its present difficulties, different analysts present conflicting views. While Dexter’s long-term optimism and Krao’s ambitious forecasts offer a more complicated picture, CoinCodex offers a cautious short-term prognosis projecting a decline in SHIB’s price.
Dexter’s optimistic long-term goal highlights a notable difference in perspective when it compared with Krao’s prognosis for a major rally These insights from CoinCodex, Dexter, and Krao should be carefully taken into account by investors assessing SHIB’s future under continuous market uncertainty.
Featured image from Revolutionized, chart from TradingView
Dogelon Mars (ELON) trades at $0.00000022 on Monday after losing key support as altcoins plummeted alongside Bitcoin in the market-wide crypto crash.
As crypto traders digest the news of United States (US) President Donald Trump’s tariff announcements and the correction in global stock markets, risk assets like Bitcoin and altcoins corrected.
ELON market capitalization slipped to $122.24 million on Monday as the token wiped out 6% of its value in the last 24 hours. Derivatives traders deleveraged, ELON observed a 15% decline in its Open Interest (OI), a key metric.
OI is the total value of all open derivatives contracts in an asset, therefore a decline in OI is indicative of the dropping relevance and demand for the token.
ELON open interest | Source: Coinglass
The correlation between Dogelon Mars and Bitcoin is 0.73 in the 30-day timeframe as seen on TradingView. The correlation explains why Bitcoin price correction dragged down ELON, sending the token lower, under key support at $0.00000022.
Nearly $1.53 million in options were traded in ELON in the past day, according to Coinglass data. The long/short ratio across derivatives exchanges is under 1, meaning traders are currently bearish on ELON and expect the cryptocurrency to decline further.
On the 12-hour timeframe, the Moving Average Convergence Divergence (MACD) flashes red histogram bars under the neutral line, signaling negative underlying momentum. The Relative Strength Index (RSI) is in a downward trend and reads 44, under the neutral level of 50.
ELON could slip to the next low, the lowest level in January 2025 at $0.00000017, as seen in the chart below.
SpaceX is set to debut on Nasdaq under the ticker SPCX as early as June 12, 2026, after filing its S-1 with the SEC on May 20. Elon Musk has agreed to lock 100% of his shares for 366 days.
The arrangement has redrawn how crypto venues price the company before listing. Hyperliquid, Binance, OKX, Bitget, and BingX each run synthetic SPCX perpetuals while accredited investors access real shares through Forge Global and EquityZen at a $1.75 trillion valuation.
Six Investor Questions on the SpaceX IPO MechanicsThe following are some of the questions and answers investors must have, even as Elon Musk locks up 100% of his SpaceX holdings for a year.
JUST IN: Elon Musk locks up 100% of his SpaceX $SPCX holdings for 366 days
— Gemini (@Gemini) June 2, 2026 Follow us on X to get the latest news as it happens
1. Can retail investors actually buy SpaceX shares before the IPO, or only synthetic exposure?Direct ownership remains off the table for anyone outside the cap structure.
Synthetic perpetuals listed on Hyperliquid, Binance, Bitget, OKX, and BingX simply mirror an implied valuation through derivative contracts and confer no shareholder rights.
Secondary platforms such as Forge Global and EquityZen require accredited or qualified institutional status, locking out smaller buyers.
Crypto perpetual contracts therefore stand as the sole entry point for non-accredited traders looking to position around crypto markets pricing SpaceX ahead of June 12.
2. How do crypto perpetual markets like SPCX-USDC price SpaceX without a public listing?Pricing flows from a constructed oracle rather than a live exchange feed, because no public market for SPCX exists yet.
The oracle blends comparables from recent private tender offers, mention-weighted public-company proxies, and likely midpoints from Polymarket and Kalshi prediction markets.
Funding payments then nudge the contract back toward the anchor whenever traders push it too far in either direction.
The setup leaves SPCX-USDC more vulnerable to oracle disputes and forced unwinds than a typical listed instrument.
3. What happens to pre-IPO derivatives and tokenized products after the Nasdaq debut?Once SPCX prints on Nasdaq, deployers will either retire the pre-IPO contracts or migrate them to perpetuals tied to the live share price.
The Hyperliquid HIP-3 upgrade gives Trade.xyz the flexibility to convert or sunset the market entirely. Bitget, OKX, and BingX have stayed silent on what comes next for their pre-IPO products.
Tokenized SpaceX shares from Ondo, Backed Finance, and Dinari are queued for release within hours of the bell, creating a parallel 24/7 access layer.
250+ assets. 20+ sectors. 24/7 access.
The world's largest tokenized stock platform covers a wide range of assets across:
✅ AI
✅ EV
✅ Tech
✅ Space
✅ Telecom
✅ Defense
✅ Financial
✅ Industrial
✅ Quantum
✅ Consumer
✅ Commodities
✅ Fixed Income
✅ Cybersecurity
✅… pic.twitter.com/g4YjWzHQNL
— Ondo Finance (@OndoFinance) April 3, 2026 4. Is SpaceX’s reported Bitcoin treasury figure fully verified or partly based on tagged wallets?The S-1 filed with the SEC on May 20, 2026, is the controlling source, and that document records 18,712 Bitcoin (BTC) on SpaceX’s balance sheet.
SpaceX Bitcoin Holdings Listed on S-1 FilingArkham Intelligence has publicly identified only 8,285 BTC tied to labeled SpaceX Bitcoin treasury holdings through April 2026, leaving a substantial portion unlabeled.
Analysts attribute the shortfall to corporate addresses that have not yet been mapped on-chain.
“Elon’s SpaceX holding 18,712 BTC isn’t the real story. The real deal is that on-chain trackers only saw the tip of the iceberg. Arkham Intelligence had it pegged SpaceX Bitcoin holdings at ~8,000–8,285 BTC. So… how much Bitcoin are public companies actually hiding?” a popular user on X posed.
SpaceX values the position at $1.293 billion, against an acquisition cost of $661 million, with an embedded gain of nearly $632 million.
5. Why did Hyperliquid gain a first-mover advantage over centralized exchanges in SPCX trading?The HIP-3 standard allows independent deployers to spin up perpetual venues without waiting for a centralized listing review, thereby dramatically compressing the launch cycle.
CEX rivals must clear internal compliance and risk processes that typically take weeks.
Hyperliquid captured the resulting head start in volume, clearing $33 million on launch day on May 18 as the contract briefly hit $216 before resetting near $203.
The largest IPO in history prices in three weeks.
Five crypto platforms are already trading it and none of them are selling the same thing.
Here's a detailed walk-through 👇@HyperliquidX: Trade[.]xyz (SPCX-USDC)
Pure synthetic perpetual without SpaceX shares involved.… pic.twitter.com/3LTzDOC3rQ
— Onur 🍌🦍 (@0xc06) May 22, 2026 Trade.xyz, the deploying entity, is part of Hyperliquid’s tokenization arm, Hyperunit.
6. How should investors separate real IPO mechanics from speculative trading narratives?The cleanest split is to anchor every fact against the SEC filing and treat everything outside it as market interpretation.
The S-1 sets the legally binding inputs, including the 366-day Musk lock-up, the staggered 180-day terms for other shareholders, the 5% friends-and-family carve-out, and the 18,712 BTC treasury.
Synthetic perpetual prices, oracle constructions, and tokenized wrapper roadmaps sit in the second category and can move on sentiment alone.
Pegging positions to the filing first, then layering venue-specific risks on top, keeps trading narratives from contaminating the underlying valuation thesis.
The Bottom Line on the SpaceX IPOThe 366-day Musk lock-up cuts back near-term insider selling pressure. Other shareholders face staggered 180-day restrictions with early release triggers tied to earnings reports and share price performance above the IPO price.
The S-1 carves out roughly 5% of shares for employees and a friends-and-family pool with no lock-up.
For institutions weighing how to invest in SpaceX pre-IPO, the gulf between synthetic exposure and real equity stays wide until shares trade.
Musk retains roughly 85.1% of voting power through dual-class stock, keeping control concentrated even after listing.
Whether the constructed oracle pricing on crypto venues converges with the Nasdaq print after June 12 will be the cleanest test of how well these markets handled price discovery for a $1.75 trillion company.
Read also: SpaceX Wins $2.29 Billion US Space Contract, and 10 Assets Can Benefit 5 Ways Crypto Markets Are Pricing SpaceX Before Wall Street Can 10 Surprising Facts About Elon Musk’s $1 Trillion SpaceX IPO 3 Space Stocks To Watch Amid Elon Musk’s SpaceX IPO Hype Space-Themed ETFs are Flooding Wall Street Before Elon Musk’s SpaceX IPO
Kripto para piyasasında satış baskısı sürerken bazı altcoinler yönünü yukarı çevirmeyi başardı. Bitcoin‘in 61.383 dolar seviyesine kadar gerilediği günde yatırımcılar sert fiyat ayrışmalarına tanık oldu.
CoinGecko verilerine göre günün en güçlü performansını Worldcoin gösterdi. WLD fiyatı son 24 saatte yüzde 28,3 yükselerek 0,5073 dolara ulaştı. Buna karşılık TRON ekosisteminin merkeziyetsiz finans protokollerinden JUST yüzde 20,7 değer kaybederek günün en sert düşüşünü yaşayan varlık oldu.
Piyasadaki satış baskısına rağmen bazı projelerde risk iştahı tamamen kaybolmuş değil.
Sermaye seçici hareket ediyor.
Worldcoin ve Ethena Yükselişiyle Dikkat Çekti Günün en çok kazandıran büyük altcoinlerinden biri Worldcoin oldu. Dijital kimlik ve yapay zekâ temasıyla öne çıkan proje, son haftalarda yeniden yatırımcı ilgisi çekmeye başladı.
LAB ise yüzde 20,9 yükselerek 17,28 dolara çıktı. Herhangi bir büyük duyuru gelmemesine rağmen token güçlü performans sergiledi.
Ethena da yükseliş trendine katıldı. ENA fiyatı yüzde 18,1 artarken projenin piyasa değeri 1 milyar dolar sınırına yaklaştı.
Monero yüzde 7,3 yükseliş kaydederken Kaspa yüzde 4,9 değer kazandı.
Altcoin piyasasında sermaye rotasyonu yeniden hız kazandı.
JUST ve DeXe Tarafında Sert Satışlar Görüldü Kazananların yanında sert kayıplar yaşayan projeler de vardı.
JUST yüzde 20,7 gerileyerek günün en büyük kaybedeni oldu. Düşüşü açıklayacak önemli bir gelişme bulunmazken satış baskısı dikkat çekti.
DeXe yüzde 19,2 değer kaybetti. Son dönemde güçlü seyreden Humanity ise yüzde 17,6 düşüş yaşadı.
Bitcoin Cash ve Toncoin tarafında da çift haneli kayıplar görüldü.
Piyasadaki bu tablo yatırımcıların tüm altcoinleri aynı şekilde fiyatlamadığını gösteriyor. BTC zayıflığa rağmen belirli temalara sahip projeler sermaye çekmeye devam ederken, bazı tokenlerde satış baskısı derinleşiyor.
Önümüzdeki günlerde Bitcoin’in yönü ve makro ekonomik veriler, altcoin piyasasındaki bu ayrışmanın devam edip etmeyeceğini belirleyebilir.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
After flipping the $0.046 level to support, at a time when widespread panic ruled the crypto market, JST began to trend higher. It rallied from $0.046 to $0.097, a 112% move in three months.
In the past 24 hours, it saw a sizeable retracement in its uptrend. The token prices were down 10.7% in 24 hours, but the daily trading volume surged by 150%.
These price and volume trends suggested distribution instead of a mere retracement. Is it too early to conclude that the uptrend is ending?
JST’s 20.7% fall in a day has shaken bullish confidence Over the past two weeks, Bitcoin [BTC] has been falling from the $82k resistance zone.
The leading crypto is operating within a longer-term bearish trend. Its quick losses have turned the altcoin market’s sentiment firmly bearish.
However, it had not been enough to halt JUST token’s uptrend that lasted till the end of May. It should be noted that a similar JST rejection from the $0.091-$0.10 area has also happened in September 2021 and April 2022
In April, the DeFi ecosystem on the TRON [TRX] blockchain announced the completion of the third JST buyback and burn of 271.3 million JST tokens. The burn events had helped sentiment and kept the uptrend going.
Source: JST/USDT on TradingView The 1-day timeframe showed the higher low at $0.0769 (orange) breached on the 3rd of June. The high volume wipeout appeared to end the uptrend, since the formerly bullish structure has been cleanly breached.
Source: JST/USDT on TradingView For context, despite the daily timeframe’s structure break, the higher timeframe trend remained bullish. As things stand, a retracement to $0.044-$0.055 appeared likely.
Traders’ call to action- Sell the bounce Source: JST/USDT on TradingView JST could bounce to the $0.087-$0.091 golden pocket before continuing its higher timeframe retracement toward $0.044-$0.055. Therefore, traders can wait for such a bounce before selling.
It is possible that the bounce might struggle to clear even the $0.084 level. It depends on bearish conviction and when the next wave of selling commences. Traders need to be nimble, but can maintain a “sell the bounce” stance.
Final Summary JUST token buybacks and burns helped sustain the uptrend while most of the crypto altcoins failed to trend sustainably higher. The recent structural shift could see a bounce toward $0.091 before continuing its fall toward $0.05.
Strategy has returned to Bitcoin accumulation one week after selling a small part of its holdings.
Summary
Strategy bought 1,550 Bitcoin after selling 32 BTC, restoring its holdings above 845,000 coins again. The company raised its dollar reserve to $1 billion, easing near-term concerns over preferred dividends. Bitcoin still trades below Strategy’s $75,680 average cost, leaving its treasury with large unrealized losses. The company bought 1,550 BTC for $101.3 million between June 1 and June 7, paying an average of $65,332 per coin.
The purchase raised Strategy’s total reserve to 845,256 BTC. Its latest filing also showed that the company increased its U.S. dollar reserve by $100 million to $1 billion.
Strategy resumes Bitcoin purchases after 32 BTC sale The purchase follows Strategy’s sale of 32 BTC between May 26 and May 31. That disposal raised about $2.5 million and marked its first reported Bitcoin sale since December 2022.
The sale represented only 0.0038% of Strategy’s holdings, but it raised questions about future disposals. Michael Saylor later wrote that it was “a good time to add more dots,” although the post did not confirm the size or timing of another purchase.
Moreover, Strategy said it funded the latest Bitcoin purchase with proceeds from its at-the-market share program. The company sold 1,409,600 MSTR shares during the week and raised $181 million after commissions.
The filing showed no sales of STRC, STRK, STRD or STRF preferred stock during the period. Strategy still had about $25.96 billion available under its MSTR programs and $17.51 billion under the STRC program.
Dollar reserve rises to $1 billion Strategy also rebuilt its dollar reserve to $1 billion as of June 7. The balance includes expected proceeds from ATM shares that had not settled by that date.
The company created the reserve to support preferred-stock dividends and interest payments. Its latest move follows concerns raised by JPMorgan that a smaller cash buffer could increase pressure to use Bitcoin for future obligations.
Bitcoin price leaves Strategy below average cost Strategy has spent about $63.97 billion on its 845,256 BTC at an average price of $75,680. Bitcoin traded near $63,600 during the latest update, placing the market value of the position near $53.8 billion.
That leaves the holding with an unrealized loss of about $10.2 billion at the stated market price. The figure can change quickly because Bitcoin remains volatile and Strategy has not sold the wider position.
As previously reported by crypto.news, JPMorgan expects Strategy to remain an active buyer despite funding concerns. The bank projected about $32 billion in Bitcoin purchases during 2026, though that estimate depends on market access and future capital raising.
Separately, Saylor outlined four Bitcoin camps that could shape the network’s future. He said Maximalists would prioritize monetary purity, Capitalists would expand Bitcoin through financial markets, Technologists would focus on upgrades, and Fundamentalists would defend its original design.
Donald Trump signed the US-Iran peace Memorandum of Understanding (MoU), marking a historic geopolitical milestone, but Bitcoin failed to recover from the Federal Reserve’s hawkish shock. BTC is trading at $64,339 after a 2.10% drop over the past 24 hours.
Here is what the MoU includes, what the Fed actually said, and why crypto markets cannot shake off the broader macro pressure.
What the Trump US-Iran Peace MoU Brings to MarketsThe US-Iran peace MoU is a 14-point diplomatic agreement designed to end ongoing military operations and stabilize the entire region. The pact includes verification mechanisms, partial sanctions relief, and a calendar for technical talks on Iran’s nuclear program.
The MoU was mediated by Pakistan with strong support from Qatar, Saudi Arabia, and Turkey. Trump described it as a triumph of his diplomacy and signature “Art of the Deal” approach.
🚨🇮🇷 BREAKING: A new photo reportedly shows Iranian President Masoud Pezeshkian signing the "Islamabad Memorandum of Understanding" from his office earlier today.
Tehran's signature is now on the record.
The deal ending the war is locked in on both sides.
— Mario Nawfal (@MarioNawfal) June 18, 2026 Bitcoin initially rallied to $66,315 on the news, with geopolitical relief lifting broader risk appetite. Oil and gold pulled back sharply as the geopolitical premium quickly faded across global financial markets.
However, the optimism did not last. Bitcoin reversed sharply lower after the Federal Reserve (Fed) decision overshadowed the entire geopolitical narrative. Furthermore, BTC now sits closer to its 7-day low of $61,464 than to its recent weekly high.
Bitcoin (BTC) Price Performance – 24 Hours. Source: CoinGeckoWhy the Fed Hawkish Shock Sent Bitcoin LowerFederal Reserve chair Kevin Warsh delivered his first FOMC decision on June 17. The Fed held rates steady at 3.50% to 3.75% for the fourth consecutive meeting. However, the statement removed previous references to additional rate adjustments.
The shift to a neutral, fully data-dependent stance surprised markets. Moreover, 9 of 18 FOMC participants now project at least one rate hike for 2026. That is a dramatic pivot from previous projections that leaned toward cuts or extended holds.
I am watching the market today, and everyone is completely overreacting to the June 17th Fed meeting.
Retail sees that new Fed Chair Kevin Warsh held rates steady at 3.75% and watches Bitcoin bitcoin:native dip on the news, assuming the hawkish tone is bearish for crypto. They…
— Brett Kessler (@BrettKessler__) June 17, 2026 The hawkish tone validates warnings from Citadel Securities about rising risks of a September rate hike. Strong wages, resilient demand, supply constraints, and AI-driven investment keep inflation stubbornly around 4.2% year-over-year, well above the Fed’s 2% target.
Markets reacted swiftly to the announcement. The S&P 500 fell 1.5%, the Nasdaq dropped 2%, and the Dow lost 160 points. Treasury yields jumped, with the 2-year yield rising 11 basis points to 4.153% and the 10-year yield rising 12 basis points to 4.469%.
🚨MASSIVE STOCK SELL-OFF JUST 2 HOURS AFTER FOMC
The S&P 500 has erased $1.2 TRILLION in market cap, falling 1.5%, while the Nasdaq sinks 2% as markets price in additional Fed tightening. pic.twitter.com/uuKfUGl5vT
— Coin Bureau (@coinbureau) June 17, 2026 Bitcoin tracked the broader risk-off move. The cryptocurrency could not absorb the hawkish shock, even with the US-Iran deal supporting the geopolitical narrative. As a result, BTC now trades 4.10% below its weekly high of $67,203, according to CoinGecko data.
The combined backdrop highlights a critical lesson for crypto traders. Geopolitical wins can boost sentiment briefly, but monetary policy decisions still dominate the medium-term outlook for Bitcoin and risk assets across every major asset class.
The integrity of cryptocurrency trading volume is of growing importance for many stakeholders in the cryptoeconomy. Now, another service with big cryptoverse backers has arrived to further actualize “transparent data infrastructure” in the space.
On August 27th, cryptocurrency data company Nomics unveiled its new so-called Transparency Volume service, which the startup hailed as the first time a cryptocurrency market aggregator site “has designated a percentage of trading volume for a given cryptoasset as “transparent.”
As the firm explained in its announcement, its process for arriving at what volume data is considered reliable involves relying on cryptocurrency exchanges that provide high-quality data:
“Transparent volume represents the amount of volume deemed ‘trustworthy’ and high quality by Nomics. ‘Transparent Volume’ might just as well be called ‘Trustworthy Volume’ […] Specifically, transparent volume is the amount of volume for a given cryptoasset that’s moving through transparent exchanges (i.e. exchanges to which we’ve awarded an A+, A, or A- transparency rating).”
Nomics, which counts ecosystem stalwarts like Coinbase Ventures, Polymath Network, and Digital Currency Group among its investors, said the new service offering was considerably influenced by Bitwise Investments’s springtime report to the U.S. Securities and Exchange Commission (SEC).
That Bitwise report made waves in the space for asserting that approximately “95% of reported volume [to data aggregators] is fake,” suggesting many smaller cryptocurrency exchanges are not trustworthy.
Some Takeaways from Transparency Volume on Day One At launch, the new Nomics dashboard service indicated that the largest big-cap cryptocurrencies with the most transparent trading volume over the last 24 hours were BNB (33 percent), bitcoin (17 percent), Monero (15 percent), XRP (11 percent).
Less transparent among the top coins were litecoin (9 percent), EOS (8 percent), ether (7 percent), USDT (5 percent), and bitcoin cash (2 percent), according to the service.
Nomics suggested in their announcement that honing in on this kind of data could eventually help pave the way to the SEC approving a Bitcoin ETF in the United States:
“One of the SEC’s major concerns in approving a Bitcoin ETF is the percentage of trading volume that is unsurveilled and subject to manipulation, toxic influences, etc. Our transparent volume metric is intended to help institutions, state actors, and investors assess the percentage of reported trading volume for a given cryptoasset that is auditable and transparent.”
At press time, the cryptocurrency gave “A” transparency ratings to many of the space’s most recognizable trading platforms, including Binance, Coinbase Pro, Kraken, Bitstamp, Poloniex, Ethfinex, Gemini, and bitFlyer. Some of the firm’s “A+” platform’s included Deribit, IDEX, and Belfrics.
Toward Better Knowledge Some take cryptocurrency data at face value, but new understandings can be unlocked by approaching the data in different ways.
For example, the bitcoin dominance rate — the amount of the cryptoeconomy’s market cap that bitcoin (BTC) alone is responsible for — is currently hovering around 70 percent, according to most data aggregator sites.
But there might be a better way to compute that metric. For one, blockchain analytics firm Arcane Crypto recently released a report that the suggested the bitcoin dominance rate was actually above 90 percent in weighting all cryptocurrencies’ market caps against their trading volumes.
Another example is emphasizing “realized cap” stats instead of straightforward market cap data. As Coin Metrics’s Nic Carter has previously explained, the realized cap of bitcoin “roughly … measures the average cost basis of Bitcoin holders.” Notably, the original cryptocurrency’s realized cap just crossed the $100 billion USD mark.
Realized cap roughly (but not perfectly) measures the average cost basis of Bitcoin holders. It takes into account the price at which a given coin last changed hands (rather than treating them uniformly, as market cap does) https://t.co/lm2QDGoYsd
— nic ???? carter (@nic__carter) August 26, 2019
In a similar way, the aforementioned Nomics approaches the traditional metric of cryptocurrency trading volume in a new way so as to provide a more accurate depiction of the activity that is actually occurring.
Going forward, it seems likely that better data clarity could increasingly assuage regulators’ concerns toward the ecosystem.
William M. Peaster
William M. Peaster is a professional writer and editor who specializes in the Ethereum, Dai, and Bitcoin beats in the cryptoeconomy. He's appeared in Blockonomi, Binance Academy, Bitsonline, and more. He enjoys tracking smart contracts, DAOs, dApps, and the Lightning Network. He's learning Solidity, too! Contact him on Telegram at @wmpeaster
Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure
U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.
3 minutes ago
Analyst: Micron's earnings boost overall market sentiment for the tech sector
Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”
3 minutes ago
2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing
According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.
3 minutes ago
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
3 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
3 minutes ago
Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
PANews reported on February 17th that Bitcoin mining company Hive announced that in the third quarter of its fiscal year ending December 31, 2025, the company's revenue reached $93.1 million, a year-on-year increase of 219% and a quarter-on-quarter increase of 7%. Hive also achieved a record high quarterly revenue last November.
Hive attributed its revenue growth to the overall expansion of its Bitcoin hashrate clusters and the BUZZ high-performance computing platform. However, a net loss of $91.3 million from Hive Mining Company, due to "accelerated depreciation and non-cash revaluation adjustments related to its expansion in Paraguay," undermined its success in revenue growth.
Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure
U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.
3 minutes ago
Analyst: Micron's earnings boost overall market sentiment for the tech sector
Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”
3 minutes ago
2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing
According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.
3 minutes ago
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
3 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
3 minutes ago
Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
In brief Shares in Keel Infrastructure (KEEL) and Hive Digital Technologies (HIVE) have jumped on Wednesday. Both firms announced advancements in their growing AI plans as they distance themselves from Bitcoin mining. Bitcoin has risen about 4% in the last 24 hours to trade near $79,000. Shares in publicly traded Bitcoin miners turned AI-focused data center companies Keel Infrastructure (KEEL) and Hive Digital Technologies (HIVE) have jumped on Wednesday amid new announcements on the firm's respective AI plans.
Keel, formerly known as Bitfarms, closed on the sale of its mining site in Paso Pe, Paraguay, netting $13 million in proceeds as it continues its departure from mining the top crypto asset.
Hive, on the other hand, closed a $115 million private offering of convertible notes, with proceeds earmarked for GPU purchases or data center development, among other things.
Keel’s sale leaves it with “no remaining non-core assets to manage or divest,” according to CEO Ben Gagnon. The firm initially expected to net as much as $30 million in proceeds from the sale, but walked away with about 56% less in proceeds at the time of closing.
“The price adjustment reflects where Bitcoin mining economics stand today and our thesis remains the same,” Gagnon said in a statement. “We brought forward roughly two to three years of estimated free cash flow under current market conditions, in cash, and upfront.”
“That capital will be immediately allocated to our HPC/AI pipeline development, where we believe we will be able to generate much stronger returns and create more value for our shareholders,” he added, noting that the firm has now cleanly exited from Latin America and has its sights squarely set on supporting AI in North America.
The pair have been active in expanding their AI businesses in the last six months, with Hive notching a deal with computer maker Dell in a bid to empower its AI expansion in November via its Buzz subsidiary. Shares in the firm have fallen since then, but have rebounded more than 31% in the last month of trading, recently changing hands at $2.66—up more than 7% on the day.
Meanwhile, KEEL has risen even further over the same period, gaining more than 40% in the last month of trading to change hands around $3.06—with a roughly 9% gain on Wednesday so far.
Bitcoin, the leading crypto asset that the firms continue to distance themselves from, has risen 4% in the last 24 hours to trade around $79,000. It remains 37% off its October all-time high of $126,080.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure
U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.
3 minutes ago
Analyst: Micron's earnings boost overall market sentiment for the tech sector
Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”
3 minutes ago
2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing
According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.
3 minutes ago
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
3 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
3 minutes ago
Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
PANews reported on May 18 that, according to CoinDesk, former OpenAI researcher Leopold Aschenbrenner has increased his disclosed investment size from $5.5 billion to $13.67 billion as of March 31, 2026, and has made significant purchases of shares in Bitcoin mining companies and AI infrastructure companies.
Its key holdings include mining companies such as IREN, Core Scientific, Riot Platforms, CleanSpark, Bitfarms, Bitdeer, and Hive Digital, betting that their power resources and data center capabilities will benefit from the growing demand for AI computing power. Simultaneously, it has established approximately $7.46 billion in short positions in semiconductors, including large put option positions in VanEck Semiconductor ETF, NVIDIA, Oracle, and Broadcom.
In brief Hive Digital Technologies’ stock price jumped 26% on Monday, after touching its highest point this year, following the data center announcement. Hive’s subsidiary, Buzz High Performance Computing, is building a 320-megawatt (MW) artificial intelligence facility in the Greater Toronto Area. Billed as a "sovereign AI infrastructure" project, the facility is designed to keep data and processing power within Canada to foster domestic tech dominance. Hive Digital Technologies’ stock price popped on Monday, touching its highest point of the year after the Bitcoin miner unveiled a massive data center buildout in Ontario, Canada.
The company’s shares changed hands around $3.39, a 26% increase on the day, according to Yahoo Finance. Shortly before Monday’s opening bell, Hive’s stock price soared to $3.92, temporarily extending gains beyond 35% year-to-date.
Hive reported that subsidiary Buzz High Performance Computing plans to construct an “AI Gigafactory” in the Greater Toronto Area, which will have roughly 320 megawatts (MW) of utility capacity—enough to power at least 200,000 average homes.
The firm, which began its strategic pivot away from being a pure-play Bitcoin miner in 2022, indicated the facility for artificial intelligence is expected to be one of Canada’s largest. The site will support fully vertically integrated AI supercomputers when fully built, Hive added.
In a statement, Hive and Buzz Executive Chairman Frank Holmes portrayed the company’s latest move as a way to accelerate Canada’s tech boom, providing “sovereign AI infrastructure that turns Canadian intelligence into Canadian dominance.”
Buzz expects its Ontario facility to come online in the second half of next year, which will likely necessitate 800 construction workers. In total, the buildout is expected to require roughly $3.5 billion Canadian dollars ($2.55 billion), eventually leading to the creation of highly skilled roles.
At the same time, Hive said Buzz’s facility is built in a way that is designed to minimize water usage, featuring closed-loop cooling systems. Across North America, local residents are increasingly pushing back against the proliferation of data centers, which have the potential to spike electricity rates due to their massive power needs.
At 320 MW, the Ontario site would bring Hive’s total power capacity to 850 MW globally. Currently, the company is using 450 MW to power data centers. With the resources, Hive said it has enough land and power to create facilities that support around 130,000 GPUs.
In the three-month period ended Dec. 31, Hive generated $88.2 million from mining digital assets compared to $26.6 million a year ago. High-performance computing revenue clocked in at $4.8 million and $2.5 million, respectively, representing a sliver of its overall business.
As Hive has embraced AI, the company has pared its Bitcoin holdings. As of Dec. 31, the company held 481 Bitcoin on its balance sheet, a sum recently valued at $36.7 million as the digital asset traded around $76,300, according to CoinGecko. A year ago, Hive controlled 2,805 Bitcoin, a cache worth $214.5 million today
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In brief Hive Digital Technologies’ stock price jumped 26% on Monday, after touching its highest point this year, following the data center announcement. Hive’s subsidiary, Buzz High Performance Computing, is building a 320-megawatt (MW) artificial intelligence facility in the Greater Toronto Area. Billed as a "sovereign AI infrastructure" project, the facility is designed to keep data and processing power within Canada to foster domestic tech dominance. Hive Digital Technologies’ stock price popped on Monday, touching its highest point of the year after the Bitcoin miner unveiled a massive data center buildout in Ontario, Canada.
The company’s shares changed hands around $3.39, a 26% increase on the day, according to Yahoo Finance. Shortly before Monday’s opening bell, Hive’s stock price soared to $3.92, temporarily extending gains beyond 35% year-to-date.
Hive reported that subsidiary Buzz High Performance Computing plans to construct an “AI Gigafactory” in the Greater Toronto Area, which will have roughly 320 megawatts (MW) of utility capacity—enough to power at least 200,000 average homes.
The firm, which began its strategic pivot away from being a pure-play Bitcoin miner in 2022, indicated the facility for artificial intelligence is expected to be one of Canada’s largest. The site will support fully vertically integrated AI supercomputers when fully built, Hive added.
In a statement, Hive and Buzz Executive Chairman Frank Holmes portrayed the company’s latest move as a way to accelerate Canada’s tech boom, providing “sovereign AI infrastructure that turns Canadian intelligence into Canadian dominance.”
Buzz expects its Ontario facility to come online in the second half of next year, which will likely necessitate 800 construction workers. In total, the buildout is expected to require roughly $3.5 billion Canadian dollars ($2.55 billion), eventually leading to the creation of highly skilled roles.
At the same time, Hive said Buzz’s facility is built in a way that is designed to minimize water usage, featuring closed-loop cooling systems. Across North America, local residents are increasingly pushing back against the proliferation of data centers, which have the potential to spike electricity rates due to their massive power needs.
At 320 MW, the Ontario site would bring Hive’s total power capacity to 850 MW globally. Currently, the company is using 450 MW to power data centers. With the resources, Hive said it has enough land and power to create facilities that support around 130,000 GPUs.
In the three-month period ended Dec. 31, Hive generated $88.2 million from mining digital assets compared to $26.6 million a year ago. High-performance computing revenue clocked in at $4.8 million and $2.5 million, respectively, representing a sliver of its overall business.
As Hive has embraced AI, the company has pared its Bitcoin holdings. As of Dec. 31, the company held 481 Bitcoin on its balance sheet, a sum recently valued at $36.7 million as the digital asset traded around $76,300, according to CoinGecko. A year ago, Hive controlled 2,805 Bitcoin, a cache worth $214.5 million today
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PANews reported on June 2nd that, according to BitcoinTreasuries.NET, Canadian-listed Bitcoin mining company Hive Digital (HIVE) sold 331 Bitcoins in the first quarter of 2026, currently holding only 150. Hive Digital's reduction of its Bitcoin holdings to 150 in the "Bitcoin 100" list has dropped it out of the top 96th position on the list of major holdings.
In brief Hive Digital Technologies nearly tripled revenue to $297.8 million in fiscal 2026, driven by surging Bitcoin prices and a fourfold increase in mining capacity. The company mined 2,885 Bitcoin for the year while expanding into AI computing, with its BUZZ HPC division growing 94% to $19.5 million in revenue. HIVE is now betting big on AI infrastructure, announcing plans for a massive 320-megawatt data center near Toronto intended to become Canada's largest private AI facility. Hive Digital Technologies reported a sharp revenue surge for its fiscal year ending March 31, fueled by last year’s soaring Bitcoin prices and a rapidly expanding computing business, as the Canadian miner attempts to recast itself as a major player in artificial intelligence infrastructure.
The company posted total revenue of $297.8 million for fiscal 2026, a 158 percent increase from the prior year, driven primarily by a dramatic expansion of its Bitcoin mining operations.
Hive mined 2,885 Bitcoin during the year—more than double the 1,414 it mined in fiscal 2025—while benefiting from an average Bitcoin price of roughly $98,000, compared to about $75,900 the year before.
Despite rising mining rewards last year, the company’s Bitcoin holdings actually fell during the span. Hive reported holding 150 BTC—about $10 million worth—as of the end of the fiscal year, down from 481 BTC as of December 31.
But the company's ambitions extend well beyond cryptocurrency. Hive's high-performance computing division, branded BUZZ HPC, generated $19.5 million in revenue, up 94% year-over-year, and executives are positioning it as the company's engine for future growth.
In May, Hive announced plans for a 320-megawatt AI data center in the Greater Toronto Area, designed to house more than 100,000 Nvidia GPUs at full buildout—a project the company is calling Canada's largest planned AI infrastructure facility under private ownership. The company has set a target of $660 million in annualized recurring revenue from its computing business by the end of 2028.
The results were not without complications. HIVE reported a GAAP net loss of $148.4 million for the year, though the company said roughly $221 million of losses were non-cash items, including depreciation charges.
The company holds operations in Canada, Sweden, and Paraguay—all powered by green energy—with a total installed hash rate of 25.1 exahashes per second.
Hive (HIVE) shares are down about 2.6% on the day, recently trading at $4.63 per data from Yahoo Finance, but touched their highest price this year earlier in the session at $4.97.
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The $220 million deal will see HIVE provide sovereign AI computing infrastructure in Canada through a deployment of more than 2,300 Nvidia GPUs. The agreement is expected to add roughly $70 million in annual recurring revenue, pushing HIVE's contracted HPC revenue above $100 million.HIVE Digital Technologies (HIVE) shares jumped 10% in pre-market trading on Thursday after the company announced a $220 million, three-year GPU cloud contract with Bell Canada and AI firm Cohere, as the company continues its transition away from pure-play bitcoin mining.
The deal will see HIVE's BUZZ High Performance Computing unit deploy 2,304 Nvidia Grace Blackwell GPUs at Bell's AI Fabric facility in Merritt, British Columbia, forming the dedicated compute layer for Cohere's enterprise AI models serving Canadian government and corporate clients.
All infrastructure will remain on Canadian soil, supporting Ottawa's broader push to reduce reliance on foreign-controlled AI technology.
The deployment is expected to go live from late 2026 to early 2027, adding roughly $70 million in annual recurring revenue (ARR). Combined with approximately $35 million of current realised ARR, HIVE's contracted HPC revenue target now exceeds $100 million, a clear signal that its infrastructure pivot is gaining serious commercial momentum.
Santiment reports Bitcoin BEP2 leads BSC development. Flux and BNB also post high GitHub activity. Top 10 projects cover DeFi, privacy, cloud, and wallets.
Bitcoin BEP2 ranks highest in Binance Smart Chain developer activity, with Flux and BNB close behind. Santiment’s rankings focus on notable GitHub events, excluding vanity metrics for more accurate project tracking. Top projects span cloud computing, privacy upgrades, wallets, DeFi, and protocol governance across the ecosystem Development activity across Binance Smart Chain (BSC) and Binance Chain accelerated this month, according to data released by analytics firm Santiment.
The firm’s updated rankings, which track the ten most active projects based on GitHub activity, showed several shifts across the ecosystem, Santiment reported.
Bitcoin (BTC) BEP2 ranked first with 57.43 notable GitHub events over the last 30 days, maintaining the strongest development footprint across the BSC ecosystem, according to the data. FLUX, a decentralized cloud project, placed second with 212 development events recorded during the period.
BNB (BNB), Binance’s flagship asset, secured third place with 17.47 development events, the rankings showed.
Zcash (ZEC) maintained activity levels due to ongoing security and privacy upgrades, while Trust Wallet showed developer engagement as it expands cross-chain integrations and wallet functionalities, according to Santiment. Dusk remained active in the zero-knowledge and regulated finance sector, with development progress continuing along its roadmap.
The remainder of the top 10 included Band Protocol, Beefy Finance, 0x Protocol, and Saito. Santiment’s directional markers indicated some projects climbed the rankings while others experienced minor declines.
Santiment stated its rankings exclude vanity metrics such as commits or forks, instead relying on a methodology that tracks notable GitHub events to capture meaningful development work.
The data revealed developer activity distributed across multiple sectors including cryptocurrency and Binance-native assets, cloud computing, privacy, wallet infrastructure, protocol governance, DeFi yield optimization, and blockchain networking, according to Santiment’s visual analysis.
