SOL outperformed everything in crypto today. Here's why Solana's bull case is improving.
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Tracking crypto prices these past few weeks, I've noticed more than a few stretches where the majors move together. BTC's down 1%, so ETH and SOL are down 1%, give or take, etc.
Common enough. And lately, crypto's juggernauts have been outpaced by hotter midcaps like HYPE or NEAR. Rotations moving down from the top of the hill, so to speak.
Yet I hadn't seen SOL lead until today. BTC and ETH are up 1%, HYPE and ZEC are up 4%, and SOL is up 10+%. Money moved up the hill.
Gotta be honest I didn’t expect to wake up this morning to $SOL mogging $HYPE pic.twitter.com/1ssG2f3GHe
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— Xeer (@Xeer) June 26, 2026 So why the run? Plenty of top 100 coins look oversold right now, but the case is easier to make for SOL than for most.
As we've written out, AI has pushed DeFi's risk-reward to its worst point yet.
Exploits drain protocols faster than ever, and the reward for absorbing that risk is treasury-level yield. Stake your capital for 4%, or stake the same capital chasing a 5x. The math simply favors speculation, which means perps, prediction markets, memecoins, tokenized collectibles: all of which live on Solana, with the chain particularly dominating the latter two.
And to access any of these, you need SOL. Last month, the loudest trade in crypto was long HYPE, short SOL. Hyperliquid earned real institutional recognition, and the HYPE/SOL pair became one of CT's favorite conversations. Hyperliquid built tall in a single vertical. Solana built wide, a fast general-purpose chain with deep liquidity and a crowded app scene. Hyperliquid gives you one of those use cases. Solana gives you the whole menu.
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Crypto analyst James Wynn has renewed his criticism of Shiba Inu after the meme coin plunged to around $0.0000042 during the latest market downturn.
Shiba Inu suffered significant losses over the past day as the broader crypto market continued its downward trajectory. Bitcoin fell below $60,000, Ethereum dropped under $1,526, and XRP slid toward the $1 mark. However, Wynn directed his criticism toward SHIB, which declined by 6.65% yesterday before trading near $0.0000042.
Wynn Declares Shiba Inu Dead, Says “SHIB Would Never Come Back” In an X commentary yesterday, Wynn dismissed Shiba Inu’s recovery prospects, declaring that “SHIB would never come back.” He argued that the project has become old and less attractive compared to newer meme coins entering the market.
Wynn described SHIB as “dead and boring.” Nevertheless, he acknowledged that nostalgia could eventually revive interest in the token over the next five to ten years and potentially trigger another major rally.
Analyst Targets BONE and the Shiba Inu Ecosystem Meanwhile, Wynn accused the Shiba Inu development team of executing a “cash grab” through the launch of Bone ShibaSwap (BONE).
The team launched BONE in July 2021 as the governance token for ShibaSwap, the ecosystem’s decentralized exchange. Later, developers selected it as the gas token for the Shibarium blockchain. Despite the token’s utility, critics like Wynn believe that investors became trapped in a liquidity drain following the token’s massive collapse.
For context, BONE has since fallen roughly 99.9% from its all-time high and currently trades near $0.040, reinforcing Wynn’s criticism of the project.
Weak Ecosystem Activity Adds to Bearish Sentiment Following Wynn’s criticism, SHIB extended its decline to $0.00000408 before recovering to around $0.000004228 earlier today. Despite the rebound, the token remains down 4.8% over the past 24 hours. Its market cap stands at $2.49 billion, making it the 30th-largest cryptocurrency by market value.
Notably, SHIB’s price action continues to mirror the broader market’s performance. However, the ecosystem has produced few major developments capable of supporting demand or attracting new investors.
Furthermore, the strong community enthusiasm that powered SHIB’s historic rally has weakened considerably, with many retail investors shifting their attention to newer projects and narratives.
The Shiba Inu team’s priorities have also evolved in recent months. Lead ambassador Shytoshi Kusama has increasingly focused on developing an independent artificial intelligence (AI) initiative rather than expanding the core SHIB ecosystem.
In addition, the token burn program, which many supporters expected to boost scarcity and support prices over the long term, has slowed significantly. Only 1.12 million SHIB tokens were burned over the past 24 hours, while weekly burns totaled just 27.3 million tokens.
Shiba Inu burn These factors have strengthened the bearish case against Shiba Inu and fueled criticism from analysts such as Wynn, who argue that the meme coin may struggle to recover from the current downturn.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Despite Shiba Inu’s recent price weakness, investors have resumed accumulating the token, withdrawing more than 300 billion SHIB from exchanges over the past 24 hours.
Notably, Shiba Inu’s exchange reserve have retreated from recent highs, signaling renewed accumulation activity. The metric, which tracks the amount of SHIB held in exchange wallets, fell from approximately 80.5 trillion tokens to 80.37 trillion in less than 48 hours.
Recent Exchange Inflows Interrupted a Multi-Week Trend Before this week’s developments, Shiba Inu’s exchange reserves had been declining steadily for several weeks and had even fallen below the 80 trillion SHIB mark.
However, the trend briefly reversed earlier this week when investors transferred large amounts of SHIB to exchanges, according to data from CryptoQuant. Approximately 749 billion SHIB flowed into trading platforms, pushing exchange reserves to 80.53 trillion on June 23 and further to 80.55 trillion the following day.
Investors Return to Accumulation Contrary to expectations, exchange reserves failed to rise further as SHIB’s price plunged. Instead, they resumed their decline, dropping to 80.37 trillion tokens by press time.
The reversal suggests that many investors have returned to accumulation despite the broader market downturn. In particular, some holders appear to view current price levels as an opportunity to increase exposure rather than reduce positions.
SHIBA INU Exchange Reserve All Exchanges Negative Netflows Strengthen the Bullish Accumulation Case Exchange netflow data further reinforces the accumulation narrative. The metric, which measures the difference between exchange inflows and outflows, has turned negative and currently stands at -355.54 billion SHIB, representing a 2.12% decline in exchange balances over the past 24 hours.
Although inflows surged to 442.21 billion SHIB during the period, outflows significantly exceeded that figure and reached 797.76 billion tokens. As a result, exchanges recorded a net outflow of more than 355 billion SHIB, highlighting continued investor accumulation despite the recent correction.
Shiba Inu Flows to Exchanges Liquidation Wipes Out Over $200K Shiba Inu Leveraged Bets The latest accumulation trend emerged as Shiba Inu experienced another sharp decline that briefly pushed the token to around $0.0000040 earlier today. SHIB later recovered part of its losses and rebounded to approximately $0.0000042.
Nonetheless, the sell-off inflicted heavy losses on leveraged traders. According to liquidation data from CoinGlass, SHIB derivatives traders lost approximately $210,820 over the past 24 hours.
Long traders absorbed the overwhelming majority of the losses, with liquidations approaching $194,000. Meanwhile, short traders recorded comparatively smaller losses totaling about $16,870.
Shiba Inu liquidation DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
The Shiba Inu market has seen a marked decline in derivatives trading activity, with renewed selling pressure weighing on the asset. According to market data, open interest in SHIB futures contracts has dropped below the critical $30 million threshold for the first time since 2024, signaling a substantial decrease in short-term speculative interest.
Open interest and price decline togetherCurrent figures indicate that SHIB open interest stands at approximately $32 million, having followed a downward trajectory throughout the year. This trend is mirrored in the token’s price action. Since the beginning of 2026, Shiba Inu has lost over 39% of its value, while its price has fallen by roughly 64% over the past 12 months.
SHIB’s open interest dropping to its lowest levels since 2024 clearly illustrates that speculative participation in the market has diminished significantly.
Open interest refers to the total amount of outstanding futures contracts that have not yet been closed. A decline in this indicator suggests a slowdown in new capital entering the market and a retreat in investors’ risk appetite.
Glossary: Open interest measures the total size of unclosed futures contracts. Rising open interest indicates new market attention and capital inflows, while a decline signals closing positions and waning interest.
IndicatorLevelOpen interestApproximately $32 millionPrice change since early 2026Down more than 39%Price change in the past 12 monthsDown roughly 64%Technical outlook remains weakTechnical charts provide little cause for optimism. SHIB recently broke below a multi-month ascending wedge pattern, an event considered by analysts as a signal that bullish momentum has faded and further downside is likely.
Following this breakdown, selling accelerated and the token approached fresh yearly lows. SHIB also continues to trade beneath major moving averages, supporting the case for sustained bearish sentiment.
Attempts to break short-term resistance levels have failed, and each rebound has resulted in lower highs—evidence that sellers remain in control of the market.
Cautious sentiment dominates as market interest wanesIn combination with the broader market structure, the fall in open interest suggests that investors are exiting positions and withdrawing capital. Unlike sharp declines caused by forced liquidations, such retreats typically reflect a fading of trader enthusiasm and a sharp drop in speculative demand.
Futures trading volumes have also been subdued compared to previous periods of heightened activity. Both spot and derivatives markets are seeing slower capital rotation, and the wider crypto sector has not shown the risk appetite needed for a fresh surge in meme coins.
Nonetheless, an overly bearish mood sometimes creates conditions for a short-term bounce. As the Relative Strength Index (RSI) approaches oversold territory, there is a possibility that selling momentum could soon ease. However, a sustainable trend reversal would require stabilization in open interest and a move for SHIB above key moving averages.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Dawn Song, the UC Berkeley professor who founded the privacy-preserving Oasis blockchain, has joined Meta Superintelligence Labs as Vice President of AI Research, according to the original report. Song will lead AI Safety and AI Security at the lab, alongside several core members from Virtue AI who are also making the move. The appointment shifts one of crypto’s most credentialed researchers into the heart of big-tech AI, while her blockchain project’s native token sits at $0.006 — 99% below its all-time high of $0.596.
The timing sharpens a contrast that has been building all year. Oasis Labs raised $45 million in 2018 from heavyweight backers including a16z Crypto, Accel, Binance Labs, Pantera, and Polychain, pitching a blockchain that could run confidential smart contracts.
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Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.
PANews June 27 news, according to a report by The Guardian, OpenAI CEO Sam Altman said in an internal email that the new model GPT 5.6 will first be previewed in a small scope to a few partners, and access eligibility during the preview period will be subject to “customer-by-customer approval” by the U.S. federal government. If the process goes smoothly, it will then be opened more broadly a few weeks later. Previously, Anthropic’s Mythos model was required by the U.S. government to prohibit access by foreigners and has been taken offline due to its powerful hacking capabilities. The report pointed out that this arrangement by OpenAI was made after consultations with the White House Office of the National Cyber Director and the Office of Science and Technology Policy. The U.S. President has signed an executive order this month, establishing a framework for the federal government to conduct voluntary reviews before the release of powerful AI models.
Who, or what, uses DeFi protocols is changing. Autonomous AI agents are doing things humans used to do: scanning markets, assessing risk, executing trades, and managing positions around the clock. Simple trading bots have evolved into systems capable of multi-step reasoning, cross-protocol strategy, and real-time risk management. And they’re becoming a growing source of on-chain activity, our data shows.
For this to work at scale though, agents need more than permissionless access. There is a meaningful gap between a protocol that allows agent interaction and one that is genuinely built for it. Agents need clean interfaces, structured data, tooling that integrates with modern frameworks, and documentation written for programmatic consumption (not just human readers).
Most DeFi protocols weren’t designed with any of this in mind. GMX has spent the past several months addressing that. And today the core integration stack is ready.
Documentation is the foundation. For a human developer, docs that are slightly ambiguous or inconsistently structured are an inconvenience. For an AI agent using documentation as runtime context, it can cause errors, hallucinations, and failed calls.
GMX has restructured its docs from the ground up with programmatic consumers in mind. Every function reference uses consistent naming conventions. Parameter definitions are precise, with explicit types and valid ranges. Return schemas are documented in full. Code examples are written to be useful to both a human reader and a language model.
The result is documentation that both a dev and their agent can rely on.
The GMX SDK gives developers a typed, structured interface to the protocol’s core functionality without needing to construct raw contract calls or manage ABIs manually. It is designed specifically around the workflows that matter to agent builders.
Because the SDK exposes clean, typed functions with predictable return shapes, it is straightforward to wrap in agent tools.
The GMX API has been designed around the needs of agent use cases from the ground up. Endpoints follow consistent RESTful conventions. Responses are typed and schema-stable.
The endpoints most relevant to agent workflows include real-time market data (prices, funding rates, open interest), position reads and writes, fee estimation, and historical data for strategy backtesting and context.
Beyond API access, GMX has invested in a library of agent “skills”: pre-built, reusable action modules for common GMX operations. Skills allow agents to perform complex protocol interactions with minimal configuration: opening a leveraged position, setting a stop-loss, reading funding rates, etc.
Skills are designed to be composable. An agent can chain them together to execute multi-step strategies that would otherwise require significant engineering. They lower the barrier for developers who want to build sophisticated agent behavior on GMX quickly.
The combination of agent-optimized docs, a typed SDK, a structured API, and pre-built skills opens up a wide range of use cases for developers building on GMX:
Autonomous trading agents that implement custom strategies, and execute on GMX’s deep markets
Risk management bots that monitor open positions in real-time, and adjust leverage or tighten stop-losses when risk thresholds are crossed
Portfolio rebalancing agents that use GMX perps as a hedging layer, automatically adjusting exposure
Cross-protocol agents that combine GMX with lending protocols, yield optimizers, or other DeFi primitives to run strategies
Alerting agents that monitor GMX market conditions (funding rates, open interest spikes, etc.) and surface insights or trigger actions based on them
Elfa AI is one of the first teams to put GMX’s upgraded agent stack to work in production. Elfa continuously indexes price movements, social chatter, news, and prediction markets, surfacing insights when something relevant happens.
Their autonomous trading agent, Elfa Auto, closes the loop: a user creates a strategy based on Elfa’s signals, sets their trigger conditions, and when the conditions are met, Auto executes the trade directly on GMX via the SDK and API. Research to execution in one continuous flow; a capability neither GMX or Elfa could offer alone.
To put that workflow to the test, GMX and Elfa AI are jointly running GMX Masters: a live trading competition where AI-driven strategies compete in real markets. It is an opportunity to see the research-to-execution workflow in action, and to put your own agent-driven strategies to the test.
Take a look and sign up now: go.elfa.ai/gmx-masters-x
Everything you need to also build on GMX is available for you:
SDK repository and quickstart: https://docs.gmx.io/docs/category/sdk/
Plugins and Skills: https://docs.gmx.io/docs/ai-agents/plugins-and-skills/
Developer support: contact @GMXPartners on Telegram
One surface still on the roadmap is an MCP server; a native Model Context Protocol integration that will let agents built on Claude, Cursor, and compatible frameworks call GMX with zero custom integration work.
• Step 1 — Connect: Install the SDK and configure your agent’s tool definitions using the GMX typed interfaces
• Step 2 — Query: Use the API or SDK to pull live market data, check funding rates, or read a position.
• Step 3 — Execute: Submit an order, manage a position, or automate a full strategy workflow autonomously, 24/7.
GMX is committed to the builder community since 2021, and will continue investing in tooling, integrations, and developer support.
If you are building an autonomous agent and/or integrating GMX, we want to know about it. Share what you’re working on with us in the GMX Telegram channel.
The best integrations get amplified to the community, and the GMX team is here to help you ship.
Morgan Stanley warns: If the unemployment rate falls below 4%, the Federal Reserve may be forced to raise interest rates.
Morgan Stanley maintains its baseline forecast that the Federal Reserve will hold interest rates steady this year, but warns the stance could shift toward rate hikes if the unemployment rate falls below 4% or inflation remains persistently high. Analyst Michael Gapen noted in a client report that data since the June FOMC meeting has left the firm "somewhat reassured" about its "no rate hike" baseline: oil prices have declined after the signing of the U.S.-Iran Memorandum of Understanding, and the pass-through effect of tariffs is expected to peak. Morgan Stanley forecasts fourth-quarter headline and core PCE inflation at 3.2% and 3.0% respectively, well below the median expectation of FOMC participants. On the labor market front, the firm projects monthly job gains of 50,000 to 60,000 during the summer, enough to keep the unemployment rate roughly stable. However, Gapen warns that if the unemployment rate drops below 4.0%, the Fed may view the risk of an overheating labor market as sufficient to justify rate hikes; the firm would also reassess its stance if monthly core inflation stays at or above 0.3% or if Middle East conflicts escalate again. At the time of this assessment, Brent crude has fallen to around $72.6, and markets are closely watching upcoming employment and inflation data to calibrate policy expectations for the Fed under Chair Powell.
3 hours ago
Donald Trump says Iran violated the ceasefire agreement, but US-Iran talks are still expected to proceed.
According to a report from NewsNation, a U.S. official stated that despite Trump’s claim that Iran violated the ceasefire agreement, negotiations between the U.S. and Iran are expected to continue.
3 hours ago
Israel and Lebanon are expected to announce a framework agreement today.
According to a report by AXIOS, officials from Israel and Lebanon stated that the two governments are expected to announce a framework agreement today.
3 hours ago
Trump issues a 100% tariff warning to European countries, demanding they scrap digital services taxes on U.S. companies.
Trump posted on Truth Social that numerous European countries are discussing imposing digital services taxes on U.S. companies, with some nations nearing actual implementation of the tax. He framed the statement as an official warning: any country that levies such taxes on U.S. firms will immediately face a 100% tariff on all goods exported to the U.S. This tariff will take precedence over any trade agreement signed or implemented with that country, regardless of whether the agreement is in force. Furthermore, if these countries proceed with the move, the 100% tariff will take effect immediately.
3 hours ago
He Yi: We will not give up on establishing effective communication with EU regulatory authorities, and Binance will continue to adhere to compliance standards for the crypto industry.
Binance Co-CEO He Yi stated that any emerging industry will face varying degrees of regulatory and competitive challenges during its development, citing examples like Airbnb and Uber (Try asking AI which countries once banned them). However, this did not prevent them from becoming the greatest internet companies of the mobile internet era. Binance has always viewed encountered issues as opportunities to enhance its team’s capabilities and standards. Over the past years, we have set industry standards for user asset transparency and established the highest industry standards for compliance. While it may take time for EU regulators to build effective communication and trust with Binance, we will not give up and will continue to adhere to the global gold standard for compliance in the crypto industry. Compliance is a topic of great concern recently, which I believe marks progress for the industry, showing it is evolving from a wild growth phase to self-restraint and self-discipline. However, the lessons I have learned this time are: Companies that obtain licenses are not necessarily compliant or self-disciplined, while Binance’s adherence to the gold standard for compliance does not guarantee it will secure licenses. Our goal is far greater than competing with peers in trivial disputes, and we will hold ourselves to the highest industry standards. BlockBeats Note: The transitional grace period for the EU’s crypto regulation MiCA will officially end on July 1, 2026. The European Securities and Markets Authority (ESMA) previously called on unauthorized Crypto Asset Service Providers (CASPs) to exit relevant businesses in an orderly manner when the MiCA transition period concludes.
3 hours ago
Trump condemns Iran for foolishly violating the ceasefire agreement
Trump posted on Truth Social that Iran launched at least four one-way attack drones at vessels transiting the Strait of Hormuz. One drone directly hit the upper deck of a large, high-value cargo ship. Although it caused some damage, the vessel was still able to continue sailing. We shot down the other three drones. Clearly, this is a foolish violation of our ceasefire agreement.
Morgan Stanley warns: If the unemployment rate falls below 4%, the Federal Reserve may be forced to raise interest rates.
Morgan Stanley maintains its baseline forecast that the Federal Reserve will hold interest rates steady this year, but warns the stance could shift toward rate hikes if the unemployment rate falls below 4% or inflation remains persistently high. Analyst Michael Gapen noted in a client report that data since the June FOMC meeting has left the firm "somewhat reassured" about its "no rate hike" baseline: oil prices have declined after the signing of the U.S.-Iran Memorandum of Understanding, and the pass-through effect of tariffs is expected to peak. Morgan Stanley forecasts fourth-quarter headline and core PCE inflation at 3.2% and 3.0% respectively, well below the median expectation of FOMC participants. On the labor market front, the firm projects monthly job gains of 50,000 to 60,000 during the summer, enough to keep the unemployment rate roughly stable. However, Gapen warns that if the unemployment rate drops below 4.0%, the Fed may view the risk of an overheating labor market as sufficient to justify rate hikes; the firm would also reassess its stance if monthly core inflation stays at or above 0.3% or if Middle East conflicts escalate again. At the time of this assessment, Brent crude has fallen to around $72.6, and markets are closely watching upcoming employment and inflation data to calibrate policy expectations for the Fed under Chair Powell.
3 hours ago
Donald Trump says Iran violated the ceasefire agreement, but US-Iran talks are still expected to proceed.
According to a report from NewsNation, a U.S. official stated that despite Trump’s claim that Iran violated the ceasefire agreement, negotiations between the U.S. and Iran are expected to continue.
3 hours ago
Israel and Lebanon are expected to announce a framework agreement today.
According to a report by AXIOS, officials from Israel and Lebanon stated that the two governments are expected to announce a framework agreement today.
3 hours ago
Trump issues a 100% tariff warning to European countries, demanding they scrap digital services taxes on U.S. companies.
Trump posted on Truth Social that numerous European countries are discussing imposing digital services taxes on U.S. companies, with some nations nearing actual implementation of the tax. He framed the statement as an official warning: any country that levies such taxes on U.S. firms will immediately face a 100% tariff on all goods exported to the U.S. This tariff will take precedence over any trade agreement signed or implemented with that country, regardless of whether the agreement is in force. Furthermore, if these countries proceed with the move, the 100% tariff will take effect immediately.
3 hours ago
He Yi: We will not give up on establishing effective communication with EU regulatory authorities, and Binance will continue to adhere to compliance standards for the crypto industry.
Binance Co-CEO He Yi stated that any emerging industry will face varying degrees of regulatory and competitive challenges during its development, citing examples like Airbnb and Uber (Try asking AI which countries once banned them). However, this did not prevent them from becoming the greatest internet companies of the mobile internet era. Binance has always viewed encountered issues as opportunities to enhance its team’s capabilities and standards. Over the past years, we have set industry standards for user asset transparency and established the highest industry standards for compliance. While it may take time for EU regulators to build effective communication and trust with Binance, we will not give up and will continue to adhere to the global gold standard for compliance in the crypto industry. Compliance is a topic of great concern recently, which I believe marks progress for the industry, showing it is evolving from a wild growth phase to self-restraint and self-discipline. However, the lessons I have learned this time are: Companies that obtain licenses are not necessarily compliant or self-disciplined, while Binance’s adherence to the gold standard for compliance does not guarantee it will secure licenses. Our goal is far greater than competing with peers in trivial disputes, and we will hold ourselves to the highest industry standards. BlockBeats Note: The transitional grace period for the EU’s crypto regulation MiCA will officially end on July 1, 2026. The European Securities and Markets Authority (ESMA) previously called on unauthorized Crypto Asset Service Providers (CASPs) to exit relevant businesses in an orderly manner when the MiCA transition period concludes.
3 hours ago
Trump condemns Iran for foolishly violating the ceasefire agreement
Trump posted on Truth Social that Iran launched at least four one-way attack drones at vessels transiting the Strait of Hormuz. One drone directly hit the upper deck of a large, high-value cargo ship. Although it caused some damage, the vessel was still able to continue sailing. We shot down the other three drones. Clearly, this is a foolish violation of our ceasefire agreement.
Bluewater has completed the acquisition of Suilend, picking up the lending protocol along with its two companion products, STEAMM and SpringSui. The deal brings together some of the most active DeFi infrastructure on the Sui blockchain under a single owner, while leaving day-to-day operations largely unchanged for existing users.
What the Deal Covers Suilend is the largest lending and DeFi platform on the Sui blockchain. The protocol offers lending and borrowing, liquid staking through SpringSui, and automated market-making through STEAMM, a capital-efficient AMM that channels idle liquidity into lending pools for additional yield.
Bluewater said the acquisition deepens its long-term commitment to lending, liquid staking, and onchain capital markets on Sui. Suilend and Bluefin will maintain separate brands and legal structures but plan deeper integration across trading, lending, collateral, and liquidity. Zabi, co-founder of Bluefin, will serve as CEO. Zabi has assured that his commitment to Bluefin remains unchanged and that the acquisition will not impact Bluefin's development objectives.
The acquisition does not include the SEND token, which will be distributed to holders through a separate liquidation process.
Business as Usual for Users Suilend will continue operating independently, retaining its brand, product direction, and infrastructure. The team will adopt a gradual, security-first approach during the transition. Users need take no action, as existing positions and protocol functionalities will remain fully operational.
The acquisition was partly financed through Bluefin's relationship with SUI Group Holdings (NASDAQ: SUIG). Under an amended and restated digital currency loan agreement, SUI Group lent an additional 4 million $SUI to Bluefin, bringing total SUI on loan to 6 million. This supports Bluewater's acquisition of Suilend-related assets from Concurrent C, Inc. SUI Group also increased its revenue share to 11%, payable in $SUI, up from 5% under the original September 2025 agreement.
Sources:
Business Wire: SUI Group Expands Strategic Partnership with Bluefin
Crypto Briefing: SUI Group Lends Additional 4M SUI to Bluefin
KuCoin News: Bluewater Acquires Suilend and Its Products
Sui Network has teamed up with Token Terminal, the onchain analytics platform, to deliver more reliable data reporting for stakeholders across its ecosystem. The partnership is designed to give investors, developers, and institutions the kind of clean, comparable metrics they’ve come to expect from traditional finance, but applied to Sui’s unique blockchain architecture.
What Token Terminal brings to the table Token Terminal aggregates data across more than 100 blockchain ecosystems and over 1,200 applications, offering dashboards that institutional players can actually use without needing a PhD in distributed systems.
Token Terminal already maintains a dedicated project page for Sui that tracks key metrics including active addresses, ecosystem total value locked (TVL), smart contract deployments, and revenue-style breakdowns. The new partnership formalizes and deepens that relationship, with the goal of tailoring analytics specifically to Sui’s architecture. That matters because Sui isn’t built like Ethereum or Solana. It runs on the Move programming language, originally developed as part of Meta’s now-defunct Diem project, and its object-centric data model doesn’t map neatly onto analytics tools designed for account-based blockchains.
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Why this matters for Sui’s institutional push Sui has been on a quiet but deliberate campaign to build institutional credibility. The network launched its mainnet in May 2023, and since then has pursued partnerships across custody, stablecoins, and data infrastructure. Its collaboration with Crypto.com for custody solutions and stablecoin integrations is one example of that broader strategy.
By offering cross-chain comparisons using consistent methodologies, Token Terminal allows Sui to be evaluated on the same playing field as every other major layer-1. The partnership also addresses selective data reporting: when a third-party analytics firm handles reporting, it introduces a layer of accountability that institutional allocators find reassuring.
Sui’s positioning in the layer-1 landscape Sui emerged from the engineering team behind Meta’s Diem and Novi payment systems. When Meta abandoned those projects, many of the core developers formed Mysten Labs and channeled their work into building Sui as a high-performance layer-1 blockchain.
The chain’s emphasis on low latency and high throughput, combined with its use of the Move programming language, gives it a differentiated technical profile. Move was designed with asset safety as a core principle, making it harder for developers to accidentally introduce the kinds of bugs that have drained hundreds of millions from smart contracts on other chains.
For investors evaluating Sui’s native SUI token, the partnership introduces a practical benefit: better data means better-informed decisions. When you can track active addresses, TVL trends, and smart contract deployment rates through a trusted third-party source, you reduce the information asymmetry that makes crypto markets notoriously difficult to navigate.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
PANews June 26 news, former U.S. Solicitor General Prelogar, on behalf of PredictAction, submitted an amicus brief to the Sixth Circuit Court of Appeals in support of Kalshi, opposing states’ use of gambling regulatory frameworks to restrict prediction markets. The brief emphasizes three points: First, prediction markets aggregate dispersed information through price mechanisms, which is different from traditional gambling; second, prediction market platforms match contract prices based on market supply and demand, unlike sports betting which profits by manipulating odds, and they bear a legal obligation to provide neutral access; third, state gambling laws primarily revolve around “restricting behaviors deemed immoral” and “promoting local economies,” and are not designed for market functions such as price discovery, information aggregation, risk hedging, and manipulation prevention, and therefore do not align with the CFTC’s federal exclusive regulatory objectives for prediction markets.
June 26, 2026, 3:42 PM UTC; Updated: June 26, 2026, 4:38 PM UTC
An Eleventh Circuit panel seemed skeptical Friday that criminal securities fraud-related judgments against two former financial technology executives should be reversed because their company’s cryptocurrency wasn’t actually a security.
Attorneys for Shane Hampton and Michael Kane told the US Court of Appeals for the Eleventh Circuit that Hydrogen Technology Corp.'s “utility” token wasn’t an investment contract under the developing body of law that seeks to apply a 1946 Supreme Court definition of securities to digital assets. The token was meant to be used for blockchain development and coding, according to the defendants.
“Why are people buying it if not for ...
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Worldcoin [WLD] declined by 10.27% over the past 24 hours to trade near $0.4635, while trading volume dropped 14.05% to $386.7 million.
The simultaneous decline in price and volume suggested market participation had weakened as buyers stepped back. However, sellers continued to control short-term direction instead of easing their grip.
The broader decline also left WLD below the psychological $0.50 level after failing to sustain its earlier advance.
As a result, buyers struggled to regain confidence, leaving Worldcoin vulnerable to additional downside pressure if demand failed to improve over the coming sessions.
Sellers retained control despite lighter Spot activity Spot Taker CVD remained seller dominant, indicating market sell orders continued to outweigh aggressive buying activity. This reading suggests traders consistently accepted lower prices instead of chasing higher bids.
Even though overall trading activity slowed, the imbalance between buyers and sellers continued favoring the bearish side. Such conditions often reflected limited willingness among market participants to absorb the available supply.
Until Spot Taker CVD shifts toward buyer dominance, sellers appear likely to dictate short-term price direction.
Source: CryptoQuant Overheated volume kept volatility risks elevated The Spot Volume Bubble Map continued signaling overheating, despite the decline in overall trading activity.
Rather than indicating renewed buying strength, the overheating condition suggested the market still carried elevated speculative activity capable of triggering sharp price swings.
Such conditions often precede heightened volatility as traders rapidly reposition around key levels.
Combined with persistent seller dominance, the overheating signal indicates uncertainty remained elevated instead of fading. Buyers, therefore, faced a difficult environment where abrupt price movements could emerge without sustained accumulation.
If speculative positioning gradually cooled while buying demand strengthened, price stability could improve. Otherwise, WLD will likely remain vulnerable to another period of elevated volatility before establishing a clearer direction.
Source: CryptoQuant Channel breakdown shifts WLD’s outlook WLD broke below its ascending channel after facing strong rejection near the $0.67 resistance level, signaling the recent recovery structure had weakened.
The decline then pushed the price beneath $0.50, leaving the market moving toward the major $0.40 support without testing it yet. Meanwhile, the MACD completed a bearish crossover as the MACD line crossed below the signal line.
The histogram also expanded further into negative territory, confirming selling pressure had strengthened after the channel breakdown. These signals aligned with the weakening price structure rather than contradicting it.
Source: TradingView If buyers defend the $0.40 area, WLD could attempt a rebound toward $0.50 before challenging $0.67 again. However, losing that support would expose the next major downside level near $0.23.
Final Summary WLD approached the $0.40 support after breaking below its ascending channel structure. Persistent Spot selling and a bearish MACD signaled buyers still lacked near-term control.
Artificial intelligence continues to shape some of the strongest narratives in crypto. As investors search for projects that combine automation, governance, and long-term utility, two names are appearing more frequently in discussions: DeXe ($DEXE) and MemeToro ($MT).
At first glance, both projects share similarities.
Both operate within AI-driven crypto sectors. Both emphasize community participation. Both offer alternatives to traditional speculative tokens. However, the similarities largely end there.
The DeXe vs MemeToro debate ultimately comes down to one question: do investors prefer an established governance infrastructure project or a high-growth AI-powered SocialFi ecosystem still in its early expansion phase?
Understanding the DeXe Investment Thesis DeXe has built its reputation around decentralized governance infrastructure.
The project focuses on helping communities, decentralized organizations, and blockchain ecosystems coordinate decision-making through DAO frameworks and governance tools.
This makes DeXe fundamentally different from many consumer-focused crypto projects.
Rather than targeting retail engagement through entertainment or trend participation, the ecosystem is designed for organizations looking to create structured governance systems.
That positioning has helped DeXe attract a more mature audience.
Institutional builders, DAO operators, and governance-focused investors often view DeXe as infrastructure rather than a speculative asset. This distinction influences how many investors evaluate the project.
Why DeXe Has Captured Market Attention Recent price action has placed DeXe back on investor watchlists.
The token recently surged nearly 50%, reaching a yearly high around $24.20. Much of the move was driven by an aggressive short squeeze that pushed open interest toward record levels.
The rally demonstrated strong demand. However, it also introduced concerns.
Technical indicators show the asset entering overbought territory, with momentum readings suggesting that traders may soon test support levels near the $20 to $21 range.
Despite those risks, many investors remain bullish.
A sustained breakout above recent highs could open the path toward higher targets in the coming months. For governance-focused investors, DeXe remains one of the more established projects in the sector.
How MemeToro Takes a Different Approach The DeXe vs MemeToro comparison becomes interesting because the two projects target completely different audiences.
While DeXe focuses on governance infrastructure, MemeToro is designed around behavioral finance, social participation, and AI-driven engagement.
The project operates as a SocialFi ecosystem on BNB Chain.
Rather than helping organizations build governance structures, MemeToro aims to help users discover trends, create assets, participate in prediction markets, and engage with blockchain-based entertainment systems.
This creates a more consumer-oriented experience.
As a result, MemeToro appeals to investors looking for higher-growth opportunities tied to emerging sectors.
Reviewing the MemeToro Utility Framework MemeToro combines several features inside a single ecosystem powered by the $MT token.
The platform’s AI engine continuously analyzes cultural trends, market narratives, and online discussions to identify emerging opportunities before they become mainstream.
This intelligence layer feeds into several ecosystem products:
AI Memecoin Creation: Users can deploy memecoins through a no-code launch system.
Prediction Markets: Participants can use $MT and BNB to forecast real-world outcomes.
Web3 Entertainment: Gaming and casino-style experiences provide additional ecosystem activity.
News and Analytics Hub: Users receive curated trend tracking and market insights.
The goal is to create a self-sustaining environment where participation drives ongoing activity.
Risk Versus Maturity: The Real Decision The biggest difference between DeXe and MemeToro is not technology.
It is investment profile. DeXe represents a more mature ecosystem with an established market presence and governance-focused infrastructure. Investors choosing DeXe often prioritize stability, adoption, and long-term organizational utility.
MemeToro sits on the opposite end of the spectrum. As a presale project, it carries the higher risks typically associated with early-stage opportunities. However, many investors view that risk as acceptable because of the potential upside attached to emerging AI and SocialFi narratives.
This creates two very different opportunities. One emphasizes maturity. The other emphasizes growth.
Final Words The DeXe vs MemeToro discussion highlights how diverse the AI-powered crypto market has become.
DeXe continues attracting governance-focused investors seeking established infrastructure and decentralized organizational tools. MemeToro, meanwhile, is building a SocialFi ecosystem centered on AI-powered memecoin creation, prediction markets, staking rewards, and behavioral finance participation.
For conservative investors, DeXe may offer greater familiarity.
For investors seeking higher-risk, higher-reward exposure to emerging AI sectors, MemeToro’s combination of autonomous tools, SocialFi utility, and early-stage positioning continues making it one of the more closely watched crypto presales in June 2026.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
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Cathie Wood’s ARK Invest purchased dip in crypto-related stocks amid the ongoing crypto market crash. In latest transactions, Coinbase, Robinhood, and Circle stocks took the spotlight.
Cathie Wood Adds More Shares of Coinbase, Circle & Robinhood ARK Invest, led by Cathie Wood, raised its stake in a handful of crypto-related firms on June 25 amid a pullback. All four stocks bought the investment firm were down Thursday.
For context, Coinbase stock closed at $142.52, down 5.06%. Moreover, the Robinhood stock fell 3.83% to $93.47, while Circle slipped 3.06% to $68.81. Bullish was the most downbeat of the bunch, dropping 6.77% to $21.88.
ARK’s biggest allocation went to Robinhood, per latest disclosure. Cathie Wood’s ARK Innovation ETF (ARKK) ETF purchased 35,023 shares, totaling about $3.27 million at the closing price.
Similarly, ARKK bought 6,588 shares of Coinbase stock. Further, ARK Next Generation Internet ETF (ARKW) added 1,678 COIN shares and ARK Fintech Innovation ETF (ARKF) acquired an additional 748 COIN shares. In total, ARK bought 9,014 Coinbase shares, valued at approximately $1.28 million.
Here is every move Cathie Wood and Ark Invest made in the stock market today 6/25 pic.twitter.com/fqk9sX1J7a
— Ark Invest Tracker (@ArkkDaily) June 26, 2026
Cathie Wood’s ARK also made additions in the Circle stock. ARKQ acquired 1,724 shares, ARKF acquired 768 shares and ARKK acquired 672 shares. The two purchases were totaling 3,164 shares worth approximately $217,700.
Other Prominent Trades By The Firm Another recipient of the buying activity was Bullish. ARKK bought 6676 shares, ARKW purchased 1702 shares and ARKF purchased 758 shares. In all, the firm acquired a total of 9,136 Bullish shares worth nearly $199,900 on Thursday.
The new investments arrived days after ARK bought an additional 111,799 Coinbase shares valued at approximately $18 million. Despite this buying pressure, the COIN stock has dropped significantly since then.
Meanwhile, in a separate announcement, the firm recently snapped up $32.5 million worth of SpaceX stock in four of its ETFs via 210,121 shares. The move came after ARK made an approximately $530 million investment in the stock at its initial public offering. However, since then SpaceX has been trading at a lower price, which erased Cathie Wood’s gains.
For those looking for decentralized futures trading, visit our page on Perp DEXs.
Key Highlights Palantir shares dropped to a 52-week bottom of $107.27 during Thursday’s session, declining 5.5% and registering a 39% year-to-date loss The data analytics company has shed 31% of its value this month, potentially marking its steepest monthly decline since February 2021 ARK Invest, managed by Cathie Wood, acquired 30,528 shares of PLTR valued at approximately $3.3 million based on Thursday’s closing price ARK’s portfolio moves also included a $18.9M Cerebras purchase and approximately $16.7M in Alibaba sales Analyst community maintains an average Overweight stance with a $189.87 target price, suggesting 77% potential upside Shares of Palantir (PLTR) climbed 0.8% to $108.12 during Friday’s premarket trading, attempting to recover from Thursday’s close at $107.27 — representing a new 52-week bottom and marking the seventh consecutive session of losses.
Palantir Technologies Inc., PLTR
The 5.5% decline on Thursday compounded an already difficult period for shareholders of the data analytics firm. PLTR has surrendered 20% of its value in the past two weeks and experienced a 31% monthly contraction.
Should the stock finish Friday’s session in negative territory, it would represent an eighth straight day of declines — a streak that would position it for its most severe monthly percentage retreat since experiencing a 32% slide in February 2021, according to Dow Jones Market Data.
PLTR has tumbled 39% since the start of 2026, representing a dramatic pivot following three consecutive years of substantial appreciation. By comparison, the S&P 500 has advanced 7.5% while the Nasdaq Composite has gained 9% during the identical timeframe.
The shares currently trade 48% beneath their all-time closing peak of $207.18, achieved on November 3, 2025.
Critical Support Levels Give Way Earlier this week, PLTR breached the $127 threshold — a support zone that had remained intact since February. The stock now trades 15% lower than that benchmark.
Thursday delivered another technical breakdown: shares fell through $128, a crucial weekly chart support that had provided stability for the previous 12 months.
The equity also resides considerably below both primary moving averages. The 50-day moving average hovers around $137, while the 200-day moving average stands near $159.
Cathie Wood’s Firm Seizes the Opportunity As shares reached their lows, ARK Invest made its move. During Thursday’s trading, Cathie Wood’s investment firm acquired 30,528 shares of PLTR distributed among the ARK Innovation ETF (ARKK), the ARK Next Generation Internet ETF (ARKW), and the ARK Blockchain & Fintech Innovation ETF (ARKF), representing approximately $3.3 million in total value.
Palantir currently represents 2.4%, 2.3%, and 3.7% of these three respective funds.
ARK’s activity extended beyond Palantir. The firm also accumulated 111,989 shares of Cerebras Systems (CBRS) through ARKK and ARKW, amounting to approximately $18.9 million based on CBRS’s closing price of $168.52.
Regarding dispositions, ARK divested 176,004 shares of Alibaba (BABA) across ARKF, ARKK, and ARKW — a transaction valued at roughly $16.7 million. Alibaba has encountered headwinds following allegations from Anthropic concerning AI model distillation practices.
ARK additionally acquired 9,014 Coinbase (COIN) shares and purchased 891,473 shares of Recursion Pharmaceuticals (RXRX). The firm sold 130,666 Roku (ROKU) shares and disposed of 37,555 Twist Bioscience (TWST) shares.
On the bearish spectrum, Michael Burry has commented on PLTR, highlighting subdued trading volume and identifying the stock’s pattern as indicative of an extended downward trend.
Notwithstanding the selling pressure, the Street’s consensus outlook on PLTR remains relatively optimistic. Among 33 analysts monitored by FactSet, 17 assign it a Buy rating, three recommend Overweight, 11 suggest Hold, and two advise Sell. The consensus price target reaches $189.87 — representing a 77% premium relative to Thursday’s closing price.
Palantir’s Benzinga Edge Momentum score currently resides in the 5th percentile, while its Value score registers in the 2nd percentile.
In a strategic move to address friction within the multifaceted DeFi environment and provide users with seamless experiences, Wanchain, a decentralized multi-chain blockchain platform, today announced an important strategic integration with Rango Exchange, a cross-chain DEX aggregator. This collaboration enabled Wanchain to integrate Rango Exchange’s cross-chain DEX aggregation infrastructure to further advance its interoperability and liquidity capabilities, aiming to enhance the effectiveness of its all-in-one blockchain network that allows users to interact with a wide range of chains and assets efficiently in a non-custodial manner.
Wanchain operates as a decentralized blockchain interoperability platform built to efficiently connect isolated networks, enabling users to smoothly move assets and applications across different DeFi ecosystems.
‼️New integration‼️
We are happy to announce that @RangoExchange has officially integrated Wanchain into its crosschain aggregator & DEX!
In this integration, Rango will utilize WanBridge & xFlows to support crosschain transactions across both EVM & non-EVM chains ⛓️
🧵1/3 pic.twitter.com/Gk4RqFuwe3
— Wanchain (@wanchain_org) June 26, 2026 Wanchain Solves Liquidity Fragmentation with Rango Exchange Through its partnership with Rango Exchange, Wanchain aims to expand the efficiency of its cross-chain interoperability platform, especially in key areas such as token swap, liquidity fragmentation solution, and bridge risk mitigation. In the large DeFi world, various assets exist on various chains, and so their liquidity (trading volume and pools) is split among different networks. However, the liquidity fragmentation concern arises when some chains have full order book depth while others have inadequate, causing problems, including higher slippage and poorer price discovery for huge trades. This situation normally forces users to look for liquidity across networks, a complicated process involving manual bridging and numerous swaps. This fragmentation problem often causes users painful experiences as traders struggle to find the best prices, developers encounter difficulty integrating separate markets, and institutions experience lower capital efficiency as liquidity spreads thin across gateways.
These issues explain why Wanchain integrated Rango Exchange’s multi-chain DEX aggregation infrastructure. Rango, with its cross-chain DEX aggregator, has the proficiency in connecting multiple DEXs and bridges, providing one-stop routing for multi-chain swaps. Therefore, the integration of Rango Exchange helps unify fragmented liquidity across networks connected with Wanchain, allowing users on Wanchain to access better yield opportunities across networks without manually bridging and switching wallets. This tech fusion means Rango’s DEX aggregator automates the multi-step process, making cross-chain trading on Wanchain smooth, and assists users in finding better prices from the combined liquidity of multiple chains. As a result, the integration of Rango’s DEX aggregator makes a seamless user experience on Wanchain and connected cross-chain networks, despite the underlying liquidity remaining on separate chains.
Advancing DeFi User Experience with Cross-Chain Liquidity Solutions With its partnership with Rango Exchange, Wanchain aims to unlock new opportunities for customers and increase their capital efficiency in the larger DeFi landscape. DeFi clients always look for new opportunities to make the most of their asset holdings. Hence, this collaboration with Rango’s cross-chain DEX aggregator is set to further open up a huge volume of locked capital and bring a huge amount of liquidity for multi-chain trading on Wanchain.
The alliance between Wanchain and Rango Exchange showcases that liquidity aggregation is a crucial component in the multichain DeFi space. This makes fragmented markets unified and frictionless, consequently helping to decrease arbitrage gaps, minimize slippage, and allow large trade executions without severe impact.
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.
Roughly $10.63 billion in Bitcoin (BTC) and Ethereum (ETH) options expire on Deribit Friday. The settlement drops into a market that keeps sliding lower while traders hunt for a floor.
Bitcoin trades near $60,200 after a 2% daily drop, while ether sits around $1,580 after a steeper 4.43% fall. Both rest far below their options max pain levels.
Puts Command a Premium as Traders Brace for DownsideFriday’s settlement ranks as the quarter’s largest options event on Deribit. The bulk of expiring value sits in Bitcoin, with notional contracts worth about $9.06 billion against ether’s $1.57 billion. Max pain marks the price where the most options expire worthless. Bitcoin’s level sits at $70,000, while ether’s sits at $2,000.
Bitcoin Expiring Options. Source: DeribitOpen interest leans toward calls in raw terms, yet positioning tells a cautious story. Bitcoin’s put-to-call ratio sits at 0.63, with 92,154 calls against 57,652 puts. Ether’s ratio runs lower at 0.50. The heavier call count reflects bullish bets now stranded well above the current price. Bitcoin’s recent options expiry events have followed a similar defensive pattern.
Ethereum Expiring Options. Source: DeribitAccording to Greeks.live, Bitcoin’s 25-delta skew has turned sharply negative on short-dated contracts. The skew reads -10.7% at one day, -11.3% at seven days, and -9.6% at one month. By contrast, longer tenors stay calmer near -6% and -5%.
“Puts continue to command a meaningful premium over calls across all major tenors,” analysts at Greeks.live stated.
That premium reflects steady demand for near-term downside protection. Traders are paying up to hedge a further slide rather than chase upside. Bitcoin’s recent price action has kept that hedging active through the week.
The Bottom Question Hangs Over SettlementGreeks.live places negative gamma between $60,000 and $64,000, the band where Bitcoin trades now. Positive gamma spreads across $67,000 to $82,000, with clusters near $67,000, $71,000, $75,000, and $80,000. The June, July, and September contracts drive most of that dealer exposure. The firm notes these readings exclude IBIT data.
That structure can keep price action choppy near current levels through expiry. Meanwhile, ether’s steeper price drop has pushed it well below its $2,000 max pain mark.
The expiry also lands during a broad crypto downturn. Both assets have slid to multi-month lows this week, deepening the case for caution into settlement.
Some forecasters expect deeper losses first. Jiang Zhuoer, founder of mining pool BTC.TOP, sees a late-2026 bottom forecast near $42,000 to $44,000. He points to Strategy’s mNAV slipping to 0.72, close to its 2022 low. BitMEX co-founder Arthur Hayes has floated a $40,000 Bitcoin bottom within six months. Even so, his year-end target still runs above $200,000.
Jiang’s broader four-year cycle model points to a bottom around late October. He has mined through several halvings and plans to buy back near the low.
Deribit, however, cautions against reading too much into the max pain pull.
“While max pain remains a widely followed metric, recent quarterly expiries have shown limited evidence of a consistent pinning effect ahead of settlement,” Deribit analysts indicated.
Both assets remain stuck below max pain heading into settlement. The next sessions may show whether sellers extend the search for a bottom or buyers finally step in.
Bitcoin has shed more than 50% of its value since hitting an all-time high near $126,000, and the market is now locked in a tense standoff at a support level that technical analysts say could determine the digital asset’s next major move.
The cryptocurrency has been testing the $58,000–$60,000 range for the third time in recent months, a zone that chart watchers consider critical. Below that threshold, the next meaningful support sits in the low $40,000s, a drop that would push Bitcoin into drawdown territory comparable to its most brutal prior cycles.
The sell-off has been swift and precise. Bitcoin’s failed attempt to break higher ran straight into its 200-day moving average, a level that served as near-perfect resistance and triggered a roughly 30% decline from that ceiling. The pattern has left the asset in a clear downtrend, though some technical indicators are beginning to flash warning signs for bears.
“We’re looking for stabilization,” said Katie Stockton, founder and managing partner of Fairlead Strategies on CNBC’s Squawk Box. “Ideally it does happen in this range because it is a key Fibonacci retracement level, below which a full retracement often happens.”
Stockton noted that Bitcoin has been in a long-term oversold condition for a duration that, based on historical patterns, tends to precede a shift in momentum. That does not mean a bottom is confirmed, she said she would want to see two to three weeks of price stabilization before feeling conviction that support is holding.
The $60,000 level carries weight beyond Fibonacci math. It represents a psychological marker and has been a contested battleground across multiple test cycles. A clean break below it would erase a layer of confidence among retail and institutional holders alike.
80% drawdowns in bitcoin’s price Some Bitcoin bulls have argued this cycle is structurally different from previous crashes. The presence of spot Bitcoin ETFs, growing institutional adoption, and broader mainstream acceptance, they say, may cap the depth of any drawdown compared to the 80%-plus collapses seen in earlier bear markets. Stockton is not convinced the argument holds.
“I think we can still see those 75 to 80% drawdowns,” she said, “but as a technician, I almost see the volatility as opportunity.”
That framing cuts to a tension at the heart of Bitcoin trading: the gap between what investors say they want and what they do when prices fall. At $125,000, many buyers felt priced out. At $60,000, the same buyers hesitate to pull the trigger.
Market psychology, Stockton noted, runs counter to rational accumulation.
On the question of four-year halving cycles — a framework many Bitcoin traders treat as gospel — Stockton said the sample size is too small to place confidence in the pattern. She described herself as a Bitcoin bull from a “very, very long-term perspective,” while maintaining that short-term risk management through trend-following tools remains the more reliable approach.
For now, Bitcoin sits at a crossroads. The coming weeks will test whether institutional infrastructure and long-term demand are enough to hold a line that, if broken, leaves a long way down to the next floor.
Micah Zimmerman
Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
Ethereum remains under heavy selling pressure after another rejection at a key resistance level, with the latest decline pushing the asset back toward a major demand zone. While buyers are attempting to stabilize the price around support, the broader trend remains firmly bearish as ETH continues to trade below all major moving averages.
Ethereum Price Analysis: The Daily Chart On the daily timeframe, Ethereum continues to print lower highs and lower lows while trading beneath the 100-day, 200-day, and long-term descending trendline, confirming that sellers remain in full control of the broader structure.
The recent recovery stalled precisely below the $1.72K to $1.78K supply zone before bearish momentum resumed. That rejection has now driven ETH back into the key support region around $1.46K to $1.56K, where buyers are once again attempting to defend the market.
This support zone has produced another reaction, but so far the rebound remains weak and has failed to alter the overall bearish structure. As long as Ethereum remains below the $1.72K to $1.78K resistance area, rallies are likely to be viewed as corrective rather than the beginning of a trend reversal.
A decisive loss of the current demand zone would expose the market to another leg lower, while reclaiming the nearby resistance would be the first indication that bearish momentum is beginning to fade.
ETH/USDT 4-Hour Chart The 4-hour chart highlights the recent rejection at the $1.72K to $1.78K resistance zone, triggering another sharp decline toward the lower boundary of the established range.
Following that sell-off, ETH has bounced modestly from the $1.50K to $1.53K support area, suggesting buyers remain active around this demand zone. However, the asset continues to trade near the bottom of the broader consolidation range, while every recovery attempt has so far produced another lower high.
The current structure suggests Ethereum may continue consolidating between approximately $1.52K and $1.75K in the near term. The lower boundary remains the critical level to watch, as another breakdown below support could accelerate bearish momentum, whereas reclaiming the upper resistance would improve the short-term outlook and open the door for a stronger recovery.
Sentiment Analysis The Exchange Netflow chart shows a notable increase in ETH moving onto exchanges over the most recent sessions, with the 14-day moving average of netflows turning sharply positive.
Historically, sustained positive exchange netflows indicate that more coins are being transferred to trading venues, often reflecting rising selling pressure or a greater willingness among holders to distribute their assets. This shift has coincided with Ethereum’s latest decline toward the $1.5K area.
Although exchange inflows alone do not guarantee additional downside, the recent surge suggests that supply entering exchanges remains elevated. Unless netflows begin to moderate while price stabilizes around the current demand zone, the on-chain data continues to favor a cautious outlook and supports the possibility of continued weakness before a more durable recovery can develop.
Key Highlights Wise shares advanced 8% following FY26 results that exceeded the firm’s profit margin guidance Pre-tax income reached $660.4 million with a 26.4% margin — surpassing the 20–25% target corridor Net revenue expanded 19% annually to $2.50 billion The company unveiled a $500 million share buyback initiative for FY27 Customer base expanded 21% to 19 million users; cross-border transaction volume surged 31% to $243.5 billion Shares of Wise (WSE) climbed approximately 8% on Friday following the fintech firm’s release of annual financial results that exceeded profit margin projections, complemented by the announcement of a $500 million share repurchase initiative.
Wise Group plc Class A Ordinary Shares, WSE
The shares were changing hands at approximately 894p on the London Stock Exchange during morning trading, representing a gain of 64 points.
The payment platform reported net revenue reaching $2.50 billion for the fiscal year concluding March 31, 2026, marking a 19% year-over-year increase. Pre-tax income totaled $660.4 million, translating to a margin of 26.4%.
This profitability metric exceeded the company’s medium-term guidance corridor of 20–25%, capturing investor attention.
BofA analysts, maintaining a buy rating with a $16.40 price objective, noted that pre-tax profit exceeded their projection by 6.6% and consensus estimates by 1.3%.
The analysts identified a $70 million non-recurring U.S. GAAP foreign exchange adjustment linked to specific government bonds as the primary factor impacting operating income, which settled at $590.7 million.
The platform’s active user base expanded 21% to 19 million. Cross-border transaction volume increased 31% to $243.5 billion, while the cross-border take rate remained at 0.52%, declining six basis points year-over-year.
Card expenditure grew 37% to $43.6 billion. Customer balances increased 40% to $39.0 billion — indicating that more clients are maintaining funds on the platform for regular usage rather than solely for transfers.
Transaction-based revenue totaled $1.89 billion. Net interest income added $609.2 million to overall net revenue after distributing $196.9 million in interest payments to account holders.
CEO Kristo Käärmann emphasized that 75% of transactions in Q4 were processed in under 20 seconds worldwide — a metric the company prominently features in its competitive positioning.
Share Repurchase and Shareholder Returns Wise announced plans to allocate over $500 million toward share buybacks during FY27. Approximately 40% of this amount will support its ongoing Employee Share Trust initiative to counterbalance dilution from equity-based compensation.
The firm separately deployed $470 million to repurchase 35.9 million shares throughout FY26.
BofA increased its FY27 diluted earnings per share forecast by 5.7% to 54.34 cents, citing improved gross profit margins and the buyback program as key contributors.
Fiscal Year 2027 Guidance Looking ahead, Wise projected net revenue growth near the midpoint of its 15–20% medium-term target range, calculated on a constant currency basis.
This forecast assumes no significant changes in interest distributed to customers and no substantial movements in central bank policy rates.
Pre-tax income margin is anticipated to land near the upper boundary of the 20–25% range for FY27.
Wise finalized its transition to a Nasdaq primary listing on May 8, maintaining a secondary listing on the London Stock Exchange.
The firm disclosed that it established new direct payment connections in Brazil and Japan during FY26 and secured fresh regulatory approvals in South Africa, the UAE, and Thailand.
New Wise Platform collaborations launched during the period include UniCredit, Raiffeisen Bank, and MBSB Bank, with Capitec coming onboard in April 2026.
The MemeCore price prediction outlook has changed dramatically over the past few weeks. Once viewed as one of the most visible projects in the meme sector, MemeCore suffered a devastating collapse that erased more than $3 billion in market value and forced analysts to completely reassess future expectations.
At the same time, a different trend is emerging. Investors who previously focused on traditional memecoins are increasingly exploring AI-powered memecoins that combine community engagement with practical utility.
This shift is reshaping the meme space and creating new opportunities for projects built around participation rather than speculation alone.
MemeCore Price Prediction Turns Defensive After Historic Collapse The latest MemeCore price prediction models are far less optimistic than earlier forecasts.
Following the token’s 84% crash, analysts have lowered expectations significantly. Most short-term projections now place MemeCore inside a consolidation range between $0.50 and $0.69 as the market attempts to establish a new baseline. While this range suggests the possibility of stabilization, it also reflects the uncertainty surrounding the project’s future.
The challenge facing MemeCore is not simply price recovery.
The collapse damaged investor confidence and exposed structural weaknesses that existed long before the selloff began. Recovering from that kind of reputational damage is often more difficult than recovering from a temporary market correction.
For this reason, many analysts believe the next phase for MemeCore will focus on rebuilding trust rather than chasing aggressive upside targets.
Why MemeCore’s Supply Structure Remains a Concern A major reason the MemeCore price prediction remains cautious is token concentration.
Blockchain data shows that the four largest wallets control more than 67% of the circulating supply. Such concentration creates a difficult environment for sustainable price appreciation because large holders have the ability to introduce significant selling pressure at any time.
This concern becomes even more important when combined with the recent collapse.
Many early holders remain deeply underwater. If prices recover modestly, some investors may view rallies as opportunities to exit positions rather than continue holding. That dynamic could limit the strength of future recoveries.
Without meaningful structural changes such as lockups, supply reductions, or improved distribution, analysts believe every relief rally may face substantial resistance.
The Meme Sector Is Changing The broader meme market is evolving beyond simple speculation.
For years, success depended largely on community enthusiasm and viral attention. While those factors still matter, investors increasingly want additional utility and participation mechanisms.
This shift is creating space for new types of projects.
Rather than relying solely on meme culture, emerging ecosystems are blending social engagement with artificial intelligence, prediction markets, automated tools, and reward systems. These features create recurring activity that extends beyond token trading.
As a result, capital is gradually rotating toward projects that can generate ongoing ecosystem participation.
How MemeToro Is Positioning Itself Differently One project benefiting from this transition is MemeToro ($MT).
Instead of operating as a traditional memecoin, MemeToro functions as a SocialFi ecosystem built around behavioral finance and AI-powered participation. The platform is designed to keep users engaged through multiple products rather than relying on a single narrative.
Its ecosystem includes AI-assisted memecoin creation, decentralized prediction markets, staking infrastructure, and Web3 entertainment features. Each component contributes to broader platform activity while creating utility for the native $MT token.
This multi-product approach stands in sharp contrast to many legacy meme projects that depend almost entirely on speculative demand.
Inside the MemeToro Utility Platform MemeToro’s presale architecture focuses on continuous participation. Users can create memecoins through an automated deployment system, allowing communities to launch assets without technical barriers. The ecosystem also includes prediction markets where participants can use $MT and BNB to forecast outcomes across crypto, sports, entertainment, and current events.
The platform further supports long-term engagement through staking rewards of up to 35% APR.
Alongside these products, the project’s roadmap includes automated sentiment tracking systems and plans for a dedicated blockchain designed to support the broader ecosystem. These initiatives aim to create utility that extends beyond meme culture alone.
Technical Specifications: $MT Distribution & Staking Metrics Review the formal allocation architecture, audit verification data, and release timelines designed for the sustainable expansion of the MemeToro ecosystem. The verified contract address is 0x44412181b….a8cfff.
The distribution framework splits the 1.2 billion total supply into clear structural pools. The public sale accounts for 71% of the tokens.
The remaining supply is divided into centralized exchange reserves at 10%, marketing partners at 7.56%, platform trading liquidity at 5%, network rewards at 4.44%, and the core team allocation at 2%.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
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Crypto investors are constantly searching for projects before they become mainstream. During previous market cycles, many of the biggest gains came from assets that spent months quietly building before attracting widespread attention.
As discussions around a potential memecoin supercycle continue, investors are once again looking for under-the-radar opportunities. While market sentiment remains cautious and fear levels across crypto stay elevated, several projects continue attracting steady interest because of their positioning around prediction markets, artificial intelligence, and community participation.
Among the names appearing more frequently on investor watchlists are MemeToro ($MT), Rain (RAIN), and Limitless (LMTS). Although each project targets a different segment of the market, all three are attempting to build momentum ahead of what many traders hope will be a stronger second half of 2026.
Rain Is Quietly Becoming a Prediction Market Leader Rain may no longer qualify as a hidden project, but it remains significantly underappreciated compared to many larger crypto assets.
The prediction market protocol has been one of the strongest performers during a difficult period for altcoins. Over the past week, Rain climbed nearly 9% while many competing assets struggled to generate positive momentum.
The reason investors continue monitoring Rain is straightforward.
The platform’s total value locked has surpassed $142 million, reflecting growing confidence in its infrastructure and increasing usage across its ecosystem. At the same time, more than 143 million RAIN tokens have been removed from circulation through token burns.
Those developments have helped strengthen the project’s fundamentals.
Rain is also benefiting from growing adoption among AI-powered forecasting systems. As artificial intelligence becomes more involved in prediction markets, the demand for reliable forecasting infrastructure continues expanding.
Current projection models continue targeting the $0.02 level in the months ahead if present growth trends remain intact.
Limitless Offers Early-Stage Exposure Limitless occupies a very different position.
Unlike Rain, the project remains a micro-cap asset navigating a difficult market environment. Trading activity has slowed considerably as capital rotates toward larger sectors, creating what analysts describe as a period of stalled price discovery.
This has resulted in extended consolidation.
The token continues moving sideways while investors wait for meaningful ecosystem developments capable of driving renewed interest. Current forecasts suggest that Limitless may remain range-bound until a major catalyst emerges.
That uncertainty creates risk.
However, it is also one reason some investors continue monitoring the project closely. Early-stage assets often remain overlooked until a significant development changes market perception.
For traders seeking exposure before broader attention arrives, Limitless remains a speculative option worth watching.
Why MemeToro Is Emerging Before the Next Memecoin Supercycle MemeToro sits at the intersection of several active crypto narratives.
The project combines artificial intelligence, SocialFi participation, prediction markets, and community-driven asset creation into a single ecosystem. This positioning allows it to benefit from interest in both AI and meme-related sectors.
That combination has become increasingly important.
The original memecoin supercycle was largely driven by community enthusiasm and viral momentum. Today’s market is evolving toward ecosystems that provide utility alongside social engagement.
MemeToro was built specifically around that concept.
Rather than functioning as a standalone meme token, it aims to create ongoing ecosystem participation through multiple interconnected products.
Inside the MemeToro Ecosystem: Memecoin Creation, Staking & More The platform’s AI infrastructure continuously monitors social conversations, market narratives, cultural developments, and emerging online trends.
These insights help power an automated memecoin creation system that allows users to launch tokens without coding expertise. The process lowers technical barriers and expands participation opportunities for broader communities.
The ecosystem extends well beyond token creation.
Users can participate in decentralized prediction markets using both $MT and BNB while forecasting outcomes across crypto, sports, entertainment, and global events. The platform also offers staking rewards of up to 35% APR, creating additional incentives for long-term engagement.
Together, these features create a broader participation model than many traditional meme projects.
MemeToro Is Raising Fast and Stage 2 Is Almost Gone MemeToro’s Stage 2 presale is 92.82% complete. The round has raised $72,955.51 out of a $78,590.46 target. When Stage 2 closes, the price moves from $0.00139 to $0.00154 per $MT token.
That price jump is coming soon. Buyers who get in before Stage 2 fills lock in the lower price automatically.
MemeToro runs on the BNB Chain and combines four features in one place. An AI agent creates memecoins from live trending data. Prediction markets let you bet on real-world events. A crypto casino uses $MT tokens directly. High-yield staking pays up to 35% APR.
The $MT token powers everything. There are only 1.2 billion tokens total, and 71% go to presale buyers with no vesting locks.
You can buy with a card, ETH, BNB, USDT, or USDC right now at memetoro.com.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
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Jito [JTO] may be up by less than a percentage, but at press time, it was trading at a critical point of the trend channel pattern. On the other hand, its daily trading volume was significant for a token of its kind, up about 14% and averaging around $61 million.
Basically, a breach of the pattern to the upside would hint at an uptrend continuation. However, respecting the resistance would mean a decline to at least the slanting support level.
Jito’s price was rejected at the trendline resistance On the charts, the price action seemed to be pulling back in a descending trend channel after a sharp upthrust from $0.53 to $0.88. If looked at optimistically, JTO appeared to be correcting in a bull flag pattern. However, the force to move the price down to the support of the channel was slowly declining.
At press time, it was rejecting the upper resistance, which could mean JTO might fall to around $0.53 with Chaikin Money Flow (CMF) in support. The CMF showed money exiting JTO’s spot market on Binance with a reading of – 0.07.
Source: JTO/USDT on TradingView A break above the $0.70-zone and, in particular, the trendline would signal the start of JTO’s next leg up. That might be supported by a bullish MACD, even though the bars showed a fall in momentum.
Still, JTO appeared to be bullish on the 2-hour chart since it was yet to shift the market structure. Only trading and holding below $0.53 would invalidate a potential bullish continuation.
A look into OI, volume & liquidations! More analysis revealed that Open Interest (OI) had climbed above $50 million. Put simply, the OI was less than $20 million below its peak value of slightly above $70 million since April.
Source: CoinGlass Since mid-June, the total trading volume has fallen by more than 3x from around $650 million across the perps and spot markets. It’s now trading below the $200 million mark, affirming the consolidation in a trend channel pattern.
Even the amount of liquidation cascades seemed to have dropped, alluding to a reduction in explosive moves in either direction.
What of Jito’s chain activity? Well, it fell alongside the price too. At the time of writing, the Total Value Locked (TVL) was down about 20% to around $671 million. Similarly, assets staked were down by the same proportion too.
The amount of revenue generated through fees has dropped more than the TVL though. In fact, it was down 31% to around $2.60 million.
Source: DefiLlama To conclude, JTO may be trading in a correction phase of the bullish move it had in the middle of this month. However, a potential continuation is uncertain, as most of the metrics were down significantly at press time, except the OI.
Final Summary JTO’s price has been trading around a critical level, where a break above would mean continuation while a breakdown would extend the correction. Most of JTO’s on-chain and derivative data have been declining, but traders remain interested.
US SEC and CFTC Solicit Public Comments on Regulatory Framework for Portfolio Margin of Securities, Futures and Other Products
The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) issued a joint announcement seeking public input on a coordinated regulatory framework for portfolio margin of securities, security-based swaps, futures, swaps, and related positions. The agencies are evaluating whether enhanced regulatory coordination will boost risk management efficiency, reduce market fragmentation, and strengthen customer protections. SEC Chair Paul Atkins noted that cross-margin mechanisms could unlock liquidity currently held in separate accounts. CFTC Chair Mike Selig added that deeper cooperation between the two agencies on portfolio margin could free up unused capital while ensuring a more robust risk management framework and market safeguards. The public comment period covers topics including current portfolio margin models and practices, customer protection considerations, cross-margin and cross-product hedging, capital, segregation, and collateral treatment, risk management methodologies, matters related to clearing agencies and derivatives clearing organizations, operational and technical implementation issues, and potential impacts on market liquidity and competition. The comment window is 60 days following publication in the Federal Register.
7 minutes ago
US SEC and CFTC Solicit Public Comments on Regulatory Framework for Portfolio Margins Covering Securities, Futures and Other Related Products
U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) issued a joint announcement seeking public comment on a coordinated regulatory framework for portfolio margin covering securities, security-based swaps, futures, swaps, and related positions. The agencies are evaluating whether enhanced inter-agency regulatory coordination will help improve risk management efficiency, reduce market fragmentation, and strengthen customer protection. SEC Chair Paul Atkins noted that cross-margin mechanisms could unlock liquidity currently held in separate accounts. CFTC Chair Mike Selig added that strengthened inter-agency cooperation on portfolio margin could free up unused capital while ensuring more robust risk management frameworks and market safeguards. The comment period covers topics including current portfolio margin models and practices, customer protection considerations, cross-margin and cross-product hedging, capital/segregation/collateral handling, risk management methodologies, matters related to clearinghouses and derivatives clearing organizations (DCOs), operational and technical implementation issues, and potential impacts on market liquidity and competition. The public comment window will remain open for 60 days following publication in the Federal Register.
7 minutes ago
US stock declines narrowed, S&P 500 index briefly turned positive.
According to Bitget market data, U.S. stock market losses narrowed, the S&P 500 index briefly turned positive, the Dow Jones Industrial Average edged down 0.01%, and the Nasdaq’s decline narrowed to 0.26%.
7 minutes ago
SemiAnalysis: Naura Technology accelerates the localization of China's etching sector, holding the leading market share in Changxin Memory's ICP etching market.
Independent semiconductor and AI research firm SemiAnalysis noted in a report that China’s localization process for etching equipment is accelerating, with progress clearly outpacing that of deposition equipment. Data shows that year-to-date, etching equipment imports among China’s front-end equipment have dropped 18% year-over-year, while deposition equipment imports have risen 3% year-over-year. SemiAnalysis believes this indicates that China’s domestic substitution in the etching sector has achieved substantial breakthroughs. Financial results from global etching leaders corroborate this judgment: Applied Materials’ China revenue fell 16% year-over-year in fiscal 2025, while Tokyo Electron’s China revenue dropped 18% year-over-year in fiscal 2026. SemiAnalysis points out that North Huachuang is a key driver of this trend; channel research shows it holds the leading share in the ICP etching market at ChangXin Memory. As ChangXin continues expanding production, North Huachuang is expected to further consolidate its market share and scale up its revenue.
7 minutes ago
Barclays cuts its 2026 Brent crude oil price forecast to $96 per barrel.
Barclays cuts its 2026 Brent crude oil price forecast to $96 per barrel, and its 2027 forecast to $85 per barrel.
7 minutes ago
At the opening of US stock markets, AI application software stocks rose against the trend, with ServiceNow and Figma climbing more than 5%.
According to Bitget market data, AI software stocks in the US market rose against the trend at opening. ServiceNow (NOW.US) and Figma Inc (FIG.US) jumped more than 5%, while Palantir (PLTR.US), Adobe (ADBE.US), Workday (WDAY.US), Salesforce (CRM.US), and Datadog (DDOG.US) gained over 3%, and Microsoft (MSFT.US) rose by more than 2%. Microsoft has hiked Xbox prices three times in 13 months, and stated that storage component costs will double next year.
Decentralized AI Exposure To Get Easier?Silbert promoted the launch of the Total Market Fund by Yuma, a DCG subsidiary, that provides a single allocation for exposure to TAO and tokens tied to AI projects built on Bittensor. The fund is marketed as an institutional gateway to decentralized AI infrastructure, offering exposure beyond traditional equities and venture capital.
“AI is becoming a core portfolio allocation. But for most investors, it’s limited to a few, big players,” Silbert noted. “Bittensor offers access to a decentralized network of AI projects.”
What’s Bittensor Moat?Bittensor is an open-source network that allows AI models to be shared, trained, and ranked by value. Participation and contribution are incentivized by handing out rewards in the form of the native cryptocurrency called TAO.
Silbert himself has picked Bittensor as one of the top projects where the majority of cryptocurrency capital is expected to rotate into eventually.
Silbert Bullish On Privacy NarrativeSilbert has also championed financial privacy, positioning privacy-focused coins as the cryptocurrency industry’s next major investment opportunity.
His thesis is that 5-10% of Bitcoin market cap would eventually rotate into privacy coins, including Zcash (CRYPTO: ZEC).
Price Action: At the time of writing, TAO was exchanging hands at $213.40, down 3.48% over the last 24 hours, according to data from Benzinga Pro, valued at over $2.35 billion.
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Key HighlightsSubstantial ENA Holdings Define Corporate StrategyInstitutional USDe Distribution Services in DevelopmentUSDtb Product and Middleware Platform Address Industry ChallengesGet 3 Free Stock Ebooks StablecoinX launches Nasdaq trading following TLGY merger with $275M in ENA tokens USDE trading symbol provides institutional investors with Ethena ecosystem access Firm connects ENA treasury to verifier node operations and network participation Planned Stablecoin Harness platform targets payments, compliance, and liquidity solutions Company positions itself within the $300B stablecoin sector through Ethena-centric strategy Following the successful completion of its TLGY Acquisition merger, StablecoinX commenced Nasdaq trading operations under the ticker USDE on June 26, 2026. This public listing provides investors with direct exposure to the growing Ethena digital dollar infrastructure. The company brings to market an ENA token treasury currently worth around $275 million.
Substantial ENA Holdings Define Corporate Strategy The firm maintains ownership of approximately 3.029 billion ENA tokens, constituting roughly 20% of the cryptocurrency’s circulating supply. StablecoinX calculated the treasury value using ENA’s 30-day volume-weighted average price of $0.0909 at transaction close. The merger produced around 24 million publicly available Class A shares.
Management intends to deploy these ENA assets to operate a decentralized verifier node within Ethena’s infrastructure. This node will authenticate cross-chain communications throughout blockchain networks supporting Ethena’s product suite. Revenue generation will depend on transaction volume processed rather than simple message counts.
Additionally, StablecoinX maintains preferential purchasing arrangements with the Ethena Foundation for below-market ENA acquisitions. The treasury stands to benefit from ecosystem token allocations and potential value creation when Ethena activates its protocol fee mechanism. This structure creates direct financial alignment between the company’s performance and Ethena’s network growth.
Institutional USDe Distribution Services in Development The company is building distribution infrastructure targeting financial institutions, asset management firms, and qualified market participants. StablecoinX may pursue various capital-raising strategies—including debt, equity, or structured instruments—to acquire USDe inventory. These holdings would generate revenue through distribution services and asset management fees.
USDe represents a synthetic dollar design utilizing cryptocurrency collateral paired with derivative hedging positions. The structure maintains Bitcoin and Ethereum exposure while employing short futures contracts to mitigate price fluctuations. Nonetheless, prolonged negative funding conditions may compromise yields and challenge the model during adverse market cycles.
Ethena oversees approximately $5.4 billion in assets across its USDe and USDtb digital dollar offerings. USDe maintains cross-chain presence spanning over ten blockchain protocols serving both decentralized finance and traditional finance applications. StablecoinX seeks to expand accessibility through infrastructure development, software solutions, and professional distribution networks.
USDtb Product and Middleware Platform Address Industry Challenges USDtb focuses on regulatory-compliant payment and settlement applications, with BlackRock’s BUIDL fund providing reserve backing. This offering diversifies Ethena beyond synthetic dollar mechanisms into institutional-grade stablecoin services. StablecoinX plans to facilitate adoption through its emerging middleware technology.
The Stablecoin Harness platform will integrate payment routing, cross-chain bridging, liquidity management, reporting capabilities, treasury operations, and compliance infrastructure. Currently, the unified software solution remains in development without commercial deployment. Anticipated revenue streams include transaction fees, subscription models, assets under management charges, and automated yield optimization services.
The global stablecoin ecosystem now exceeds $300 billion in market capitalization, with on-chain settlement volumes approaching $33 trillion annually. However, hundreds of distinct stablecoin protocols operate across numerous blockchain networks, generating significant integration complexity. StablecoinX aims to resolve this fragmentation by offering unified access to Ethena products through standardized financial platform connections.
Oliver Dale
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]
Launching a stablecoin used to mean building the whole stack: reserves, attestation, custody, redemption, distribution. Stablecoin-as-a-Service from Ethena removes that work. What is left for the issuer is the price feed that lets the token work as collateral in DeFi. For JupUSD, that feed comes from RedStone.
TL;DR: Stablecoin-as-a-Service lets any app launch a branded stablecoin on rented reserve infrastructure. Ethena runs the reserves and the machinery, and the partner brings the name and the distribution. Jupiter launched JupUSD stablecoin, monetizing $400 to $500 million of idle perps collateral. The current stablecoin circulating supply sits at $51 million. RedStone now delivers the price feed for JupUSD on Jupiter’s Solana platform. Stablecoin-as-a-Service: Ethena’s Reserve Model Ethena Whitelabel is a Stablecoin-as-a-Service product that allows partners to launch a branded stablecoin on rented reserve infrastructure, the same infrastructure that also backs USDtb, Ethena’s BUIDL-backed dollar.
When a partner launches a branded stablecoin, Ethena runs the reserves and the mint and redemption process, allowing the issuer to focus on the branding and distribution.
Ethena’s whitelabel offering covers multiple chains and protocols, with partners choosing between Ethena’s underlying reserve models depending on the product they want.
For JupUSD, that reserve asset is USDtb, which has grown to a circulating supply of roughly $889 million as of June 2026, according to DeFiLlama. Partners building on this infrastructure plug into a reserve mechanism already operating at scale.
Why JupUSD Needs Reliable Pricing Data Jupiter is Solana’s largest DeFi platform by total value locked. Founded in October 2021 as a swap aggregator routing trades across Solana DEXs, it has since expanded into a full onchain finance suite providing perpetual futures trading, lending, prediction markets, and a mobile trading app. Jupiter processed over $1 trillion in spot and perpetuals volume in 2025.
JupUSD was launched in January 2026, initially backed entirely by USDtb before the reserve mix shifted to its current 90/10 split with USDC. For Jupiter, the stablecoin solved a balance sheet problem: its perpetuals venue was sitting on roughly $400 to $500 million of idle collateral, and JupUSD puts that capital to work.
It is monetization infrastructure, not a savings account for users. Because USDtb flows through to BlackRock’s BUIDL fund, the yield accrues to Jupiter’s reserves rather than to JupUSD holders. As of June 12, 2026, JupUSD’s circulating supply sits around $51 million, published live on the project’s transparency page with broader metrics on DeFiLlama.
JupUSD is the default stablecoin powering the Jupiter superapp, which means that every venue using it needs reliable pricing data to run smoothly. Perps need it to value collateral, Jupiter Lend needs it to trigger liquidations, and Jupiter Predict needs it to settle markets. RedStone now provides that price feed for JupUSD on Solana.
The RedStone approach for whitelabeled stablecoins A whitelabeled stablecoin arrives with its reserves handled but cannot be used as collateral until a price feed makes it usable. Lending markets, perps, and prediction markets all need a fast, manipulation-resistant feed before they will take it as collateral or settle against it. The more venues the stable reaches, the bigger demand for price feed is.
RedStone’s modular architecture treats each feed as a configuration change rather than a bespoke build, so coverage expands at the pace these stablecoins now launch. On Jupiter that is already live: RedStone provides the JupUSD feed on Solana today, currently serving Jupiter’s perpetual markets.
Ethena handles reserve management as a service. RedStone provides the pricing data that makes each one usable.
Frequently Asked Questions What is Stablecoin-as-a-Service?
A model where the reserve and issuance infrastructure for a stablecoin is provided as a service, so an app can launch its own branded stable without building custody, attestation, and redemption from scratch. Ethena offers it through Ethena Whitelabel, and JupUSD is built on it.
Why does a service-issued stablecoin still need an oracle?
Reserves back the token’s value, but they do not make it usable in DeFi. Lending markets and perpetual venues need a manipulation-resistant price feed to accept it as collateral. Without one, the stablecoin remains a simple coin rather than a productive asset.
What type of price feed is RedStone running for JupUSD?
A push-model market feed for JupUSD on Solana that aggregates the spot price from exchanges and pushes updates onchain on deviation 0.2% or 24h heartbeat triggers.
Stock markets close. Ondo Finance just decided that particular tradition needed an update.
The protocol’s Ondo Global Markets platform now supports 24/7 instant minting and redemption of tokenized US stocks and ETFs. That means qualified non-US investors can buy and sell tokenized versions of major equities at any hour, on any day, weekends and holidays included. The feature went live on June 25.
What’s actually happening here The platform covers over 200 tokenized stocks and ETFs, including tokens tracking the S&P 500 (SPYon), the Nasdaq-100 (QQQon), and Tesla (TSLAon). The minimum investment sits at just $1, and Ondo charges zero fees for minting or redemption.
A non-US investor in Tokyo or Dubai can now mint a $1 token representing a fraction of a US ETF at 3 AM on a Sunday morning without paying a cent in platform fees.
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The system is powered by Ondo’s Nexus infrastructure, which handles on-demand, price-linked creation and redemption of tokens. Those tokens are backed by real securities held at broker-dealers.
Initial blockchain support includes Ethereum and BNB Chain, with Solana integration expected to follow. The platform also integrates Chainlink price feeds for select assets, providing the real-time pricing data necessary to make around-the-clock redemption work.
The bigger picture for Ondo The protocol’s tokenized US Treasuries product, OUSG, has accumulated approximately $1.03 billion in total value locked.
In April, Ondo announced a partnership with Broadridge to enable onchain voting for tokenized assets, addressing the persistent criticism that holding a token doesn’t give you the governance rights that come with owning actual shares.
The platform now tracks over 430 assets in total, spanning both the equities and fixed-income sides of the tokenization market.
What this means for investors The zero-fee structure paired with a $1 minimum also deserves attention. Traditional brokerage accounts for non-US investors accessing US markets often involve currency conversion fees, international transaction charges, and minimum balance requirements.
US persons are explicitly excluded from the platform. This is clearly a regulatory design choice, keeping the product outside the jurisdiction of the SEC while still offering exposure to US-listed securities.
The risk side of the equation centers on liquidity and counterparty exposure. Minting and redeeming tokens 24/7 requires that the backing broker-dealers can settle the underlying securities accordingly, or that sufficient reserves exist to handle redemptions during off-market hours. How Ondo’s Nexus system manages that gap between continuous token liquidity and the still-very-much-not-24/7 settlement of actual US equities will be the technical detail that matters most as volumes scale.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
PANews June 26 news, according to official sources, AI agent infrastructure layer Orthogonal announced the completion of a $4.3 million funding round, led by Pantera Capital, with participation from Y Combinator, Pioneer Fund, Decasonic, Blast Club, Outbound Capital, Rice Capital, Surreal by Premise and Batch Ventures, among others.
Orthogonal is building an instant capability discovery and invocation payment platform for AI agents. Through a single integration, agents can instantly discover the needed tools based on demand, orchestrate them, and pay on-demand, solving the current problem of agents failing or hallucinating due to fixed tools.
Large Wallets Pull Millions From ExchangesLarge holders of Hyperliquid's native token $HYPE are continuing to buy into market weakness, according to on-chain analytics platform Lookonchain. A newly created wallet withdrew 222,493 HYPE, worth approximately $14.41 million, from Coinbase Prime. Separately, another whale received 44,986 HYPE valued at roughly $2.87 million from institutional crypto prime broker FalconX.
The pattern is consistent with a broader trend of exchange outflows that has persisted in recent weeks. Spot netflows for HYPE turned negative, meaning more tokens were leaving exchanges than entering, a signal that fewer coins are sitting in tradable supply ready to be sold.
Fundamentals Support the Buying CaseThe accumulation is taking place against a backdrop of solid on-chain fundamentals. HyperCore daily active addresses rose 17.4% over a recent 24-hour period to 68,600, while protocol revenue climbed for three consecutive months, rising from $44.85 million in April to $53.80 million in June, according to DefiLlama data. The platform also executed $135 million in token buybacks over 90 days, helping absorb sell-side pressure from team unlocks.
$HYPE hit an all-time high of $76.67 on June 16, 2026, before pulling back roughly 17% to trade near $63 amid a wider crypto market downturn. Despite the price drop, the total number of HYPE holders expanded during the decline, with wallet count increasing by 1,109 addresses, or 0.45%, over seven days. Institutional interest also held up: HYPE investment products attracted $27.9 million in inflows last week, their strongest weekly reading since late May, according to SoSoValue data.
The combination of exchange outflows, protocol buybacks, and continued large-wallet accumulation suggests that bigger investors are treating the current dip as an entry point rather than a reason to exit.
Sources:
BeInCrypto: HYPE Drops 17% From Record High but Fundamentals Remain Strong
AMBCrypto: Hyperliquid Whales Accumulate Over $17M HYPE
Trading of the DRAM memory ETF is now available on the Solana blockchain, with its holdings covering Samsung, SK Hynix, Micron, and SanDisk.
Jupiter official announcement: Trading of Roundhill Memory ETF (ticker: DRAM) is now supported on the Solana blockchain, with its holdings covering Samsung, SK Hynix, Micron, and SanDisk.
12 minutes ago
At the opening of US stock markets, AI application software stocks rose against the trend, with ServiceNow and Figma climbing more than 5%.
According to Bitget market data, AI software stocks in the US market rose against the trend at opening. ServiceNow (NOW.US) and Figma Inc (FIG.US) jumped more than 5%, while Palantir (PLTR.US), Adobe (ADBE.US), Workday (WDAY.US), Salesforce (CRM.US), and Datadog (DDOG.US) gained over 3%, and Microsoft (MSFT.US) rose by more than 2%. Microsoft has hiked Xbox prices three times in 13 months, and stated that storage component costs will double next year.
12 minutes ago
At the opening of the U.S. stock market, most space-themed concept stocks rose, while SpaceX declined 0.75%.
According to Bitget market data, most US space concept stocks advanced at the opening of US stock trading. Specifically: SpaceX (SPCX) slipped 0.75% to $151.8; Virgin Galactic (SPCE) gained 8%; AST SpaceMobile (ASTS) rose 3.45%; Rocket Lab (RKLB) added 4%; Redwire (RDW) gained 1.9%.
12 minutes ago
At the opening of US stock markets, optical communication concept stocks fell broadly, with MRVL, AAOI, and LITE down more than 6%.
According to Bitget market data, US stocks opened with broad declines in optical communication concept stocks, including: Pure Photonics ETF (FOTO) fell 5.7%; Marvell Technology (MRVL) — a stock NVIDIA CEO Jensen Huang previously touted as the next trillion-dollar market cap company — dropped 6.1%; AAOI (Applied Optoelectronics) fell 7.1%; LITE (Lumentum Holdings) dropped 8.86%; COHR (Coherent Corp.) declined 8.4%; and CIEN (Ciena Corporation) fell 4.75%.
12 minutes ago
US stocks opened with all three major indices in the red, with semiconductor and storage sectors plunging; Micron and SanDisk fell more than 5%.
According to Bitget market data, the three major US stock indexes all fell at opening: the Dow Jones Industrial Average dropped 0.44%, the S&P 500 declined 0.67%, and the Nasdaq Composite fell 1.1%. The semiconductor and storage sectors saw broad declines, with individual stocks performing as follows: NVIDIA (NVDA) dropped 1.56%; Intel (INTC) fell 3.5%; Broadcom (AVGO) declined 2.5%; Qualcomm (QCOM) fell 0.4%; Seagate Technology (STX) dropped 5.78%; Western Digital (WDC) fell 7%; SanDisk (SNDK) declined 7.5%; Micron Technology (MU) dropped 5.4%.
Trading of the DRAM memory ETF is now available on the Solana blockchain, with its holdings covering Samsung, SK Hynix, Micron, and SanDisk.
Jupiter official announcement: Trading of Roundhill Memory ETF (ticker: DRAM) is now supported on the Solana blockchain, with its holdings covering Samsung, SK Hynix, Micron, and SanDisk.
12 minutes ago
At the opening of US stock markets, AI application software stocks rose against the trend, with ServiceNow and Figma climbing more than 5%.
According to Bitget market data, AI software stocks in the US market rose against the trend at opening. ServiceNow (NOW.US) and Figma Inc (FIG.US) jumped more than 5%, while Palantir (PLTR.US), Adobe (ADBE.US), Workday (WDAY.US), Salesforce (CRM.US), and Datadog (DDOG.US) gained over 3%, and Microsoft (MSFT.US) rose by more than 2%. Microsoft has hiked Xbox prices three times in 13 months, and stated that storage component costs will double next year.
12 minutes ago
At the opening of the U.S. stock market, most space-themed concept stocks rose, while SpaceX declined 0.75%.
According to Bitget market data, most US space concept stocks advanced at the opening of US stock trading. Specifically: SpaceX (SPCX) slipped 0.75% to $151.8; Virgin Galactic (SPCE) gained 8%; AST SpaceMobile (ASTS) rose 3.45%; Rocket Lab (RKLB) added 4%; Redwire (RDW) gained 1.9%.
12 minutes ago
At the opening of US stock markets, optical communication concept stocks fell broadly, with MRVL, AAOI, and LITE down more than 6%.
According to Bitget market data, US stocks opened with broad declines in optical communication concept stocks, including: Pure Photonics ETF (FOTO) fell 5.7%; Marvell Technology (MRVL) — a stock NVIDIA CEO Jensen Huang previously touted as the next trillion-dollar market cap company — dropped 6.1%; AAOI (Applied Optoelectronics) fell 7.1%; LITE (Lumentum Holdings) dropped 8.86%; COHR (Coherent Corp.) declined 8.4%; and CIEN (Ciena Corporation) fell 4.75%.
12 minutes ago
US stocks opened with all three major indices in the red, with semiconductor and storage sectors plunging; Micron and SanDisk fell more than 5%.
According to Bitget market data, the three major US stock indexes all fell at opening: the Dow Jones Industrial Average dropped 0.44%, the S&P 500 declined 0.67%, and the Nasdaq Composite fell 1.1%. The semiconductor and storage sectors saw broad declines, with individual stocks performing as follows: NVIDIA (NVDA) dropped 1.56%; Intel (INTC) fell 3.5%; Broadcom (AVGO) declined 2.5%; Qualcomm (QCOM) fell 0.4%; Seagate Technology (STX) dropped 5.78%; Western Digital (WDC) fell 7%; SanDisk (SNDK) declined 7.5%; Micron Technology (MU) dropped 5.4%.
Trading of the DRAM memory ETF is now available on the Solana blockchain, with its holdings covering Samsung, SK Hynix, Micron, and SanDisk.
Jupiter official announcement: Trading of Roundhill Memory ETF (ticker: DRAM) is now supported on the Solana blockchain, with its holdings covering Samsung, SK Hynix, Micron, and SanDisk.
12 minutes ago
At the opening of US stock markets, AI application software stocks rose against the trend, with ServiceNow and Figma climbing more than 5%.
According to Bitget market data, AI software stocks in the US market rose against the trend at opening. ServiceNow (NOW.US) and Figma Inc (FIG.US) jumped more than 5%, while Palantir (PLTR.US), Adobe (ADBE.US), Workday (WDAY.US), Salesforce (CRM.US), and Datadog (DDOG.US) gained over 3%, and Microsoft (MSFT.US) rose by more than 2%. Microsoft has hiked Xbox prices three times in 13 months, and stated that storage component costs will double next year.
12 minutes ago
At the opening of the U.S. stock market, most space-themed concept stocks rose, while SpaceX declined 0.75%.
According to Bitget market data, most US space concept stocks advanced at the opening of US stock trading. Specifically: SpaceX (SPCX) slipped 0.75% to $151.8; Virgin Galactic (SPCE) gained 8%; AST SpaceMobile (ASTS) rose 3.45%; Rocket Lab (RKLB) added 4%; Redwire (RDW) gained 1.9%.
12 minutes ago
At the opening of US stock markets, optical communication concept stocks fell broadly, with MRVL, AAOI, and LITE down more than 6%.
According to Bitget market data, US stocks opened with broad declines in optical communication concept stocks, including: Pure Photonics ETF (FOTO) fell 5.7%; Marvell Technology (MRVL) — a stock NVIDIA CEO Jensen Huang previously touted as the next trillion-dollar market cap company — dropped 6.1%; AAOI (Applied Optoelectronics) fell 7.1%; LITE (Lumentum Holdings) dropped 8.86%; COHR (Coherent Corp.) declined 8.4%; and CIEN (Ciena Corporation) fell 4.75%.
12 minutes ago
US stocks opened with all three major indices in the red, with semiconductor and storage sectors plunging; Micron and SanDisk fell more than 5%.
According to Bitget market data, the three major US stock indexes all fell at opening: the Dow Jones Industrial Average dropped 0.44%, the S&P 500 declined 0.67%, and the Nasdaq Composite fell 1.1%. The semiconductor and storage sectors saw broad declines, with individual stocks performing as follows: NVIDIA (NVDA) dropped 1.56%; Intel (INTC) fell 3.5%; Broadcom (AVGO) declined 2.5%; Qualcomm (QCOM) fell 0.4%; Seagate Technology (STX) dropped 5.78%; Western Digital (WDC) fell 7%; SanDisk (SNDK) declined 7.5%; Micron Technology (MU) dropped 5.4%.
Trading of the DRAM memory ETF is now available on the Solana blockchain, with its holdings covering Samsung, SK Hynix, Micron, and SanDisk.
Jupiter official announcement: Trading of Roundhill Memory ETF (ticker: DRAM) is now supported on the Solana blockchain, with its holdings covering Samsung, SK Hynix, Micron, and SanDisk.
12 minutes ago
At the opening of US stock markets, AI application software stocks rose against the trend, with ServiceNow and Figma climbing more than 5%.
According to Bitget market data, AI software stocks in the US market rose against the trend at opening. ServiceNow (NOW.US) and Figma Inc (FIG.US) jumped more than 5%, while Palantir (PLTR.US), Adobe (ADBE.US), Workday (WDAY.US), Salesforce (CRM.US), and Datadog (DDOG.US) gained over 3%, and Microsoft (MSFT.US) rose by more than 2%. Microsoft has hiked Xbox prices three times in 13 months, and stated that storage component costs will double next year.
12 minutes ago
At the opening of the U.S. stock market, most space-themed concept stocks rose, while SpaceX declined 0.75%.
According to Bitget market data, most US space concept stocks advanced at the opening of US stock trading. Specifically: SpaceX (SPCX) slipped 0.75% to $151.8; Virgin Galactic (SPCE) gained 8%; AST SpaceMobile (ASTS) rose 3.45%; Rocket Lab (RKLB) added 4%; Redwire (RDW) gained 1.9%.
12 minutes ago
At the opening of US stock markets, optical communication concept stocks fell broadly, with MRVL, AAOI, and LITE down more than 6%.
According to Bitget market data, US stocks opened with broad declines in optical communication concept stocks, including: Pure Photonics ETF (FOTO) fell 5.7%; Marvell Technology (MRVL) — a stock NVIDIA CEO Jensen Huang previously touted as the next trillion-dollar market cap company — dropped 6.1%; AAOI (Applied Optoelectronics) fell 7.1%; LITE (Lumentum Holdings) dropped 8.86%; COHR (Coherent Corp.) declined 8.4%; and CIEN (Ciena Corporation) fell 4.75%.
12 minutes ago
US stocks opened with all three major indices in the red, with semiconductor and storage sectors plunging; Micron and SanDisk fell more than 5%.
According to Bitget market data, the three major US stock indexes all fell at opening: the Dow Jones Industrial Average dropped 0.44%, the S&P 500 declined 0.67%, and the Nasdaq Composite fell 1.1%. The semiconductor and storage sectors saw broad declines, with individual stocks performing as follows: NVIDIA (NVDA) dropped 1.56%; Intel (INTC) fell 3.5%; Broadcom (AVGO) declined 2.5%; Qualcomm (QCOM) fell 0.4%; Seagate Technology (STX) dropped 5.78%; Western Digital (WDC) fell 7%; SanDisk (SNDK) declined 7.5%; Micron Technology (MU) dropped 5.4%.
PANews June 26 news, according to an official announcement by Hyperliquid, the project has been included by the Monetary Authority of Singapore (MAS) in the Investor Alert List (investor alert list). Hyperliquid emphasized that the IAL listing does not mean it has been banned, is subject to enforcement, or has been found to have engaged in misconduct; the list is used to flag entities that may be mistakenly thought to be licensed or regulated by MAS. The team stated that it is a permissionless on-chain infrastructure, never claimed to be regulated by MAS, user assets are fully self-custodied, transactions are entirely settled on-chain, project operations remain unchanged, and it will continue to work with global regulators and institutions to support a clear regulatory framework for on-chain finance.
Singapore’s top financial watchdog just put Hyperliquid on notice. The Monetary Authority of Singapore (MAS) added the high-speed trading platform to its Investor Alert List on June 26, flagging it as neither licensed nor authorized to operate in the city-state.
The move doesn’t ban Hyperliquid outright. But it does tell Singaporean users something important: if things go sideways on the platform, MAS protections won’t be there to catch you.
What the Investor Alert List actually means MAS launched the list back in 2004 as a public warning tool. Its purpose is straightforward: inform residents when a financial service provider hasn’t obtained the proper licenses to operate within Singapore’s jurisdiction.
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Being on the list doesn’t mean Hyperliquid is fraudulent. It means the platform hasn’t gone through Singapore’s regulatory gatekeeping process, which covers things like capital requirements, anti-money laundering compliance, and consumer safeguards.
Singapore’s MAS has also placed Bybit Fintech Ltd. on its Investor Alert List as part of its efforts to strengthen oversight of crypto platforms operating without local authorization.
In response, Bybit said it is seeking clarification from MAS and noted that it has long implemented measures, including contractual restrictions and IP blocking, to prevent Singapore users from accessing its platform.
Hyperliquid says it never claimed to be licensed by MAS In a statement, Hyperliquid said that as permissionless infrastructure, it is not, and has never claimed to be, licensed or authorized by MAS.
Hyperliquid has been added to the MAS's Investor Alert List (IAL). IAL listing does not constitute a ban, an enforcement action, or a finding of wrongdoing. The IAL provides a list of entities that, based on information available to MAS, may be wrongly perceived as being licensed…
— Hyperliquid (@HyperliquidX) June 26, 2026
The team added that nothing about the network or its operation has changed. Users always maintain self-custody, and all transactions are settled transparently and fully onchain.
Hyperliquid said the ecosystem will continue to engage constructively with regulators and institutions around the world in support of clear, effective frameworks that enable the continued development of onchain finance.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Trading of the DRAM memory ETF is now available on the Solana blockchain, with its holdings covering Samsung, SK Hynix, Micron, and SanDisk.
Jupiter official announcement: Trading of Roundhill Memory ETF (ticker: DRAM) is now supported on the Solana blockchain, with its holdings covering Samsung, SK Hynix, Micron, and SanDisk.
12 minutes ago
At the opening of US stock markets, AI application software stocks rose against the trend, with ServiceNow and Figma climbing more than 5%.
According to Bitget market data, AI software stocks in the US market rose against the trend at opening. ServiceNow (NOW.US) and Figma Inc (FIG.US) jumped more than 5%, while Palantir (PLTR.US), Adobe (ADBE.US), Workday (WDAY.US), Salesforce (CRM.US), and Datadog (DDOG.US) gained over 3%, and Microsoft (MSFT.US) rose by more than 2%. Microsoft has hiked Xbox prices three times in 13 months, and stated that storage component costs will double next year.
12 minutes ago
At the opening of the U.S. stock market, most space-themed concept stocks rose, while SpaceX declined 0.75%.
According to Bitget market data, most US space concept stocks advanced at the opening of US stock trading. Specifically: SpaceX (SPCX) slipped 0.75% to $151.8; Virgin Galactic (SPCE) gained 8%; AST SpaceMobile (ASTS) rose 3.45%; Rocket Lab (RKLB) added 4%; Redwire (RDW) gained 1.9%.
12 minutes ago
At the opening of US stock markets, optical communication concept stocks fell broadly, with MRVL, AAOI, and LITE down more than 6%.
According to Bitget market data, US stocks opened with broad declines in optical communication concept stocks, including: Pure Photonics ETF (FOTO) fell 5.7%; Marvell Technology (MRVL) — a stock NVIDIA CEO Jensen Huang previously touted as the next trillion-dollar market cap company — dropped 6.1%; AAOI (Applied Optoelectronics) fell 7.1%; LITE (Lumentum Holdings) dropped 8.86%; COHR (Coherent Corp.) declined 8.4%; and CIEN (Ciena Corporation) fell 4.75%.
12 minutes ago
US stocks opened with all three major indices in the red, with semiconductor and storage sectors plunging; Micron and SanDisk fell more than 5%.
According to Bitget market data, the three major US stock indexes all fell at opening: the Dow Jones Industrial Average dropped 0.44%, the S&P 500 declined 0.67%, and the Nasdaq Composite fell 1.1%. The semiconductor and storage sectors saw broad declines, with individual stocks performing as follows: NVIDIA (NVDA) dropped 1.56%; Intel (INTC) fell 3.5%; Broadcom (AVGO) declined 2.5%; Qualcomm (QCOM) fell 0.4%; Seagate Technology (STX) dropped 5.78%; Western Digital (WDC) fell 7%; SanDisk (SNDK) declined 7.5%; Micron Technology (MU) dropped 5.4%.
Multicoin Capital, a crypto-focused venture firm, projects that Hyperliquid’s HYPE could hit $319 by 2028. At the press time value of $63, that would imply over 5x upside potential, based on revenue-earning potential.
At ~$63, HYPE trades at roughly 36x TTM earnings, or approximately 30x earnings. Under our valuation frameworks and base case assumptions discussed in the full report, we project ~$8 billion in annual earnings by 2028, implying a price of ~$319 at a 20x multiple.
According to the VC firm, Hyperliquid will “continue to meaningfully compound growth” as it expands beyond perpetual offerings (perps) to its ‘unified everything exchange’ vision.
For the unfamiliar, Hyperliquid is an L1 chain and a decentralized exchange designed for high-speed trading. Initially, it began with crypto perps but has expanded into RWA (real-world tokenization), prediction markets, and options trading.
Multicoin noted that Hyperliquid [HYPE] users tripled, from over 300K to nearly 1 million, in 2025. The trading volumes jumped to $2.9T, allowing the DEX to capture $873M in revenue.
The record traction lifted its DeFi perps dominance to nearly 60%. And it has been taking significant market share from centralized exchanges like Binance.
For the VC firm, Hyperliquid’s traction mirrored Binance’s early days, but with more catalysts.
Hyperliquid is following a similar playbook, but with structural advantages Binance didn’t have. It’s non-custodial, execution is fully onchain and verifiable, and revenue is used for daily token buybacks rather than accruing to a separate equity layer.
Overall, in the bear case, the firm expects the HYPE price to hit $109 with a bullish scenario target of $689.
Multicoin acknowledged potential risks for the DEX, such as U.S regulation, limited decentralization, and competition. But said these risks could be managed.
HYPE: Whales and ETF demand On the demand front, some whales added positions following the recent dip. A new whale acquired $14M worth of HYPE through Coinbase. Another existing large investor increased its HYPE exposure to $9.8M.
The renewed Spot bids by whales followed the HYPE price drop to the $60 level, which is the previous peak price. It was possible that altcoin could consolidate above this zone before triggering another leg of the rally.
Source: HYPE/USDT, TradingView The short-term sideways thesis was further reinforced by ETF flows that have slowed recently.
In fact, in June, U.S. Spot HYPE ETFs saw five days of zero flows. That’s about a week of no buying or selling interest. If the trend persists, HYPE could consolidate around the $60-$75 price range for a while.
Source: SoSo Value Final Summary Venture firm Multicoin expects HYPE to jump over 5x to $319 in the next two years It noted that potential risks like U.S. regulatory pressure and decentralization can be managed.
Hyperliquid traded near $63 on June 26 after pulling back from its all-time high of $76.70 earlier this month.
Summary
HYPE holds above $60 support while whales continue buying during the wider crypto market pullback. Multicoin’s $319 target depends on Hyperliquid keeping revenue growth, market share and buybacks strong. Technical indicators show cooling momentum, with bulls needing $65-$70 to regain stronger control soon. According to crypto.news data, the token is down over the past week, but it still holds a large gain over the past year.
The latest Hyperliquid price data shows HYPE trading between $59.48 and $65.17 over the past 24 hours. The token holds a top-10 market rank, with a market cap above $14b and fully diluted value above $60b.
HYPE’s recent move looks like a consolidation phase after a sharp rally from the low $30s in March. Price has cooled near $63, but the $60 area remains the main short-term support zone.
A clean break below $60 would put the next support area near $55-$58 back in focus. A move above $65 would show early strength, while a close above $70 would give bulls a stronger case for a retest of the recent high.
Hyperliquid whales keep buying during pullback Whale activity remains one of the stronger parts of the HYPE setup. According to Lookonchain, a newly created wallet withdrew 222,493 HYPE, worth about $14.41m, from Coinbase Prime. Another whale received 44,986 HYPE, worth about $2.87m, from FalconX.
Those transfers do not prove long-term holding, but they show large buyers are still active during the pullback. Traders often watch Coinbase Prime and FalconX flows because they can reflect institutional or high-net-worth activity.
Derivatives data also shows active trading. CoinGlass data shows HYPE volume rose 29.79% to $4.59b, while open interest slipped 1.15% to $2.52b. Options open interest rose 10.62%, but options volume fell sharply, showing that most activity remains in spot and perpetual futures.
As previously reported, HYPE rallied more than 40% in one week in May as derivatives activity, ETF demand and protocol buybacks supported the move. The current pullback is testing whether that demand can keep absorbing profit-taking.
Multicoin target lifts long-term debate Multicoin Capital has published a bullish valuation report on HYPE. In the full analysis, the firm said HYPE is now one of the largest positions in its liquid fund and that it has been accumulating since February.
People underestimate how big Hyperliquid can become.
The crypto space is accustomed to projects not having strong traditional metrics (users, revenue/fees accruing to token holders, etc). So, everyone's instinct is to size up how big something can be based on relative market cap… https://t.co/3uZtdBYN5E
— Hunter Horsley (@HHorsley) June 26, 2026 The firm said Hyperliquid generated about $873m in revenue across roughly $2.9t in trading volume in 2025. It also said the platform grew from about 301,000 to 923,000 users and ended the year with about $6b in open interest.
Multicoin argued that Hyperliquid is taking share from centralized exchanges. It said monthly perpetuals volume is now about 17% of Binance’s level, while open interest has reached about 21% of Binance’s level.
The firm also pointed to HIP-3, HIP-4, portfolio margining, prediction markets, tokenized assets and HyperEVM growth as future drivers.
“We believe Hyperliquid is becoming the everything exchange,” it said.
As crypto.news reported, Multicoin backed a $319 HYPE target by 2028 under its base case. The firm also listed risks, including regulation, governance, competition, bad debt and technical pressure.
Technical signals show cooling momentum The HYPE/USDT daily chart still shows a broader uptrend from March. Price climbed from the low $30s to above $70 before pulling back. That structure keeps the larger trend constructive, but short-term momentum has cooled.
The Accumulation/Distribution indicator is near 2.32m. It remains elevated after rising sharply earlier in June, which suggests buying pressure improved during the rally. The line has flattened recently, showing that accumulation is no longer accelerating.
Hyperliquid (HYPE) price chart, source: crypto.news The Aroon Oscillator is positive near 28.57. That keeps the short-term trend bias slightly bullish, but the reading has weakened from stronger levels. This means the uptrend remains alive but has lost some speed.
In a previous article, crypto.news discussed HYPE’s double-top risk after its pullback from the all-time high. That pattern put the $65 and $62 areas in focus. Price is now trading near that same zone.
Previously, crypto.news exploredwhether HYPE can reach $100 in 2026. That scenario depends on buybacks, volume growth, token unlocks and wider market strength.
For now, HYPE remains in a mixed setup. Whales are buying, Multicoin has issued a strong long-term case, and the broader trend still holds above $60. But momentum has cooled, and bulls need a move back above $65-$70 to confirm that the next upside phase is starting.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
@Hyperliquidx has been officially added to Singapore's Monetary Authority (MAS) Investor Alert List (IAL), prompting questions from users about what the designation actually means for the protocol and those who trade on it.
What the MAS Investor Alert List Actually DoesThe listing does not amount to a ban. According to the MAS Investor Alert List, the register flags entities that "may be or may have been wrongly perceived as being licensed or in any other way authorised or regulated by MAS." As the regulator makes clear, inclusion is a public warning tool. It signals that a platform lacks MAS authorization, not that it has broken any law or committed wrongdoing.
Hyperliquid has pushed back on any suggestion of regulatory breach. The protocol stated that the listing does not constitute a ban, an enforcement action, or a finding of wrongdoing. It emphasized that it has never claimed MAS authorization and that its status as permissionless infrastructure remains unchanged.
Hyperliquid is not the only prominent crypto platform to land on the list. Crypto Briefing reported that the IAL "has become a familiar landing spot for major crypto exchanges operating in the region," with platforms including Binance added as far back as 2021 and Bybit most recently added in June 2026.
What Changes for UsersAccording to Hyperliquid, nothing about the network's operational status or on-chain settlement logic has changed as a result of the listing. Users continue to hold full self-custody of their assets, with transactions settling transparently across the protocol's decentralized architecture. The protocol operates as a high-performance Layer 1 blockchain built for on-chain perpetual futures trading, and that infrastructure remains intact.
For Singapore-based users, the practical effect is one of regulatory clarity rather than access restriction. MAS's designation formally signals that the platform is not covered by local investor protections, meaning any disputes or losses fall outside the regulator's jurisdiction. As the Singapore government's own guidance notes, dealing with an unregulated entity means forgoing the safeguards available under laws administered by MAS.
Hyperliquid's inclusion reflects a broader pattern of MAS tightening its public stance on offshore crypto platforms that serve, or may be perceived to serve, Singapore users without local licensing.
Sources:
Monetary Authority of Singapore, Investor Alert List
Crypto Briefing: Bybit added to Singapore MAS Investor Alert List
MoneySense Singapore: Dealing With Unregulated Persons
Trading of the DRAM memory ETF is now available on the Solana blockchain, with its holdings covering Samsung, SK Hynix, Micron, and SanDisk.
Jupiter official announcement: Trading of Roundhill Memory ETF (ticker: DRAM) is now supported on the Solana blockchain, with its holdings covering Samsung, SK Hynix, Micron, and SanDisk.
11 minutes ago
At the opening of US stock markets, AI application software stocks rose against the trend, with ServiceNow and Figma climbing more than 5%.
According to Bitget market data, AI software stocks in the US market rose against the trend at opening. ServiceNow (NOW.US) and Figma Inc (FIG.US) jumped more than 5%, while Palantir (PLTR.US), Adobe (ADBE.US), Workday (WDAY.US), Salesforce (CRM.US), and Datadog (DDOG.US) gained over 3%, and Microsoft (MSFT.US) rose by more than 2%. Microsoft has hiked Xbox prices three times in 13 months, and stated that storage component costs will double next year.
11 minutes ago
At the opening of the U.S. stock market, most space-themed concept stocks rose, while SpaceX declined 0.75%.
According to Bitget market data, most US space concept stocks advanced at the opening of US stock trading. Specifically: SpaceX (SPCX) slipped 0.75% to $151.8; Virgin Galactic (SPCE) gained 8%; AST SpaceMobile (ASTS) rose 3.45%; Rocket Lab (RKLB) added 4%; Redwire (RDW) gained 1.9%.
11 minutes ago
At the opening of US stock markets, optical communication concept stocks fell broadly, with MRVL, AAOI, and LITE down more than 6%.
According to Bitget market data, US stocks opened with broad declines in optical communication concept stocks, including: Pure Photonics ETF (FOTO) fell 5.7%; Marvell Technology (MRVL) — a stock NVIDIA CEO Jensen Huang previously touted as the next trillion-dollar market cap company — dropped 6.1%; AAOI (Applied Optoelectronics) fell 7.1%; LITE (Lumentum Holdings) dropped 8.86%; COHR (Coherent Corp.) declined 8.4%; and CIEN (Ciena Corporation) fell 4.75%.
11 minutes ago
US stocks opened with all three major indices in the red, with semiconductor and storage sectors plunging; Micron and SanDisk fell more than 5%.
According to Bitget market data, the three major US stock indexes all fell at opening: the Dow Jones Industrial Average dropped 0.44%, the S&P 500 declined 0.67%, and the Nasdaq Composite fell 1.1%. The semiconductor and storage sectors saw broad declines, with individual stocks performing as follows: NVIDIA (NVDA) dropped 1.56%; Intel (INTC) fell 3.5%; Broadcom (AVGO) declined 2.5%; Qualcomm (QCOM) fell 0.4%; Seagate Technology (STX) dropped 5.78%; Western Digital (WDC) fell 7%; SanDisk (SNDK) declined 7.5%; Micron Technology (MU) dropped 5.4%.
TLDR: MAS added Hyperliquid to its Investor Alert List, though the listing carries no ban or legal penalty. Hyperliquid confirms it never claimed MAS authorization and users retain full on-chain self-custody. Binance and Bybit were previously listed on the MAS IAL, showing a pattern across major crypto firms. Hyperliquid’s Singapore-based core team may now consider relocating due to the MAS IAL inclusion. Hyperliquid has been added to the Monetary Authority of Singapore’s Investor Alert List. The decentralized exchange protocol clarified that the listing does not constitute a ban or enforcement action.
MAS has not found any wrongdoing against the platform. The protocol confirmed it has never claimed to be licensed by MAS.
Hyperliquid remains operational as permissionless infrastructure, with users retaining full self-custody of their assets at all times.
What the MAS Investor Alert List Means for Hyperliquid The MAS Investor Alert List identifies entities that may be mistakenly perceived as licensed or regulated by the authority.
Being included does not carry legal penalties or signal regulatory violations. It serves as a public advisory tool for retail investors in Singapore.
Hyperliquid addressed the listing directly, stating that nothing about the network has changed. The protocol emphasized that transactions continue to settle transparently and fully on-chain. Users maintain self-custody at all times, consistent with how the platform has always operated.
In its official statement, Hyperliquid noted: “The IAL provides a list of entities that, based on information available to MAS, may be wrongly perceived as being licensed or in any other way authorised or regulated by MAS.”
Hyperliquid has been added to the MAS's Investor Alert List (IAL). IAL listing does not constitute a ban, an enforcement action, or a finding of wrongdoing. The IAL provides a list of entities that, based on information available to MAS, may be wrongly perceived as being licensed…
— Hyperliquid (@HyperliquidX) June 26, 2026
The protocol added that it remains committed to engaging constructively with regulators and institutions globally.
Relocation Concerns and Industry Precedent Hyperliquid’s core team is largely based in Singapore, making the MAS listing particularly notable. The development could prompt the team to evaluate whether to relocate its operations to a more favorable jurisdiction. No official announcement regarding relocation has been made at this time.
This is not the first time a major crypto exchange has appeared on the MAS Investor Alert List. Binance and Bybit were both previously added to the same list.
Neither exchange ceased operations following their respective inclusions, and both continued serving users in other markets.
The broader pattern suggests that IAL listings have become relatively common for large crypto exchanges and DeFi protocols.
Hyperliquid acknowledged this directly, noting that “many large exchanges and DeFi protocols have been included on the IAL.”
The protocol indicated it views the listing as part of a wider regulatory landscape rather than a targeted action against its operations.
SpaceX (SPCX) stock is sliding toward a make-or-break level as a selloff drags it more than 30% below its June peak, with the speculative heat that powered its record debut burning off fast.
Two weeks after its $75 billion IPO, the stock has round-tripped from euphoria to fragility. A fresh Starlink launch could not lift it, and cooling hype, weak space peers, and short-heavy positioning now point lower.
Hype Has Burned Out of the SpaceX SelloffThe SpaceX stock selloff has a clear tell, the hype is gone. A proprietary composite Hype Score, which blends momentum, volume intensity, volatility, and overbought readings into a 0 to 100 gauge of speculative intensity, has fallen to 18 and reads as cooling.
Hype Score Gauge: Charlie Quant LabThat marks a sharp reset from the debut. The SpaceX IPO share performance has flipped from a peak near $228 to slightly $150, at press time.
Want more insights like this? Sign up for Editor Harsh Notariya’s Daily Newsletter here.
A Falcon 9 Starlink launch from Vandenberg on June 25 did nothing for the tape yet, a sign the speculative bid has left. However, once the market opens it would be interesting to see if the Spacex stock price today reacts to the Starlink launch.
The same apathy shows up in volume as the decline grinds on. Buying and selling have both faded since June 23, leaving the stock range-bound for roughly 48 hours.
Weakening Volume: TradingViewUnderneath that quiet tape, money flow is split. Chaikin Money Flow (CMF), a proxy for buying and selling pressure, sits at a mild positive 0.10, yet price still trades below its volume-weighted average price (VWAP).
Money Flow Versus VWAP: Charlie Quant LabThat mix matters because trading under VWAP means the average buyer since launch is now underwater. With even a rocket launch failing to lift it, the next clue is what SPCX actually moves with.
SPCX Trades Like a Space Stock, Not a Musk StockWhat SPCX moves with answers a defining question for the stock. Over 15-minute returns, it correlates 0.46 with space sector stocks like AST SpaceMobile (ASTS) and Rocket Lab (RKLB), but only 0.23 with Tesla (TSLA).
Weak Space Sector: Charlie Quant LabThat gap makes the read clear. SPCX is trading on space-sector dynamics, not the Musk founder premium. That distinction matters because the sector is weak. Rocket Lab sits down roughly 44% month-on-month, and AST SpaceMobile has slid 45% in the same duration after a Q1 revenue miss.
Rocket Lab Performance: Yahoo FinanceSpaceX itself deepened that weakness, pulling capital out of smaller names and back into the giant on its debut. If a soft sector is setting the direction, positioning data shows who is leaning hardest into the move.
Smart Money Is Short, but Options Hold the Real LeverLeaning hardest into the downside is the smart money. On Nansen data for the Hyperliquid perpetual that tracks SPCX, smart traders, whales and public figures are all net short, a rare unanimous stance.
That stance runs deep. Whales alone sit net short about $21.8 million, while the perp saw a net $140.6 million of selling over seven days, and the whale holder count fell about 24% in 10 days, which suggests distribution.
Hyperliquid SPCX Positioning: Nansen DataThat positioning is a warning, not a trigger. The perpetual is oracle-priced and tracks the stock, so it reflects smart money positioning and sentiment but cannot by itself move the underlying.
What can move it is the options market, through dealer hedging. The debut set a single-stock record near 1.6 million contracts and sparked gamma squeeze talk toward $400, before at-the-money implied volatility fell from about 169% to the mid-80s.
Volatility Drops: BarchartThat cooling has shifted the structure. The debut frenzy concentrated in short-dated calls struck at $210 to $250, well above the roughly $200 stock at the time, so with price now far below those strikes, dealer hedging can amplify declines rather than cushion them, just as Fidelity’s 15-day flipping penalty lapses around June 27 and frees up IPO supply.
SpaceX Stock Price Levels to WatchIt all comes down to one level. The SpaceX stock price today is holding above $148, the 0.786 Fibonacci level.
Hold it, and the range stays intact. Lose it on an hourly close, and the stock falls into a danger zone, opening the 1.0 retracement at $136 near the IPO price, with the 1.618 extension at $103 below.
SpaceX Price Analysis: TradingViewAbove it, buyers have work to do. They need to reclaim the 0.618 level at $157 to ease pressure, then $163 and $169. Even then, thin volume is the catch. A low-volume break can reverse fast, so SPCX support levels only carry weight on a closing basis.
The $148 line is make-or-break, separating a recoverable dip from a slide back toward the $136 IPO price and beyond.
The Monetary Authority of Singapore (MAS), the city-state's central bank and financial regulator, has added decentralized perpetuals exchange Hyperliquid to its Investor Alert List.
The entry, added on Friday, includes the Hyper Foundation website and the Hyperliquid trading app.
The Investor Alert List is a consumer protection measure that identifies entities that may be wrongly perceived as licensed or regulated by MAS. Inclusion on the list does not constitute a ban or enforcement action.
MAS Investor Alert List. Source: MAS
MAS added crypto exchange Bybit to the list on June 17. KuCoin and Bitget also appear on the list. Cointelegraph reached out to MAS for comment but did not receive a response before publication.
Hyperliquid said that it has never claimed to be licensed or authorized by MAS and that nothing about its permissionless infrastructure has changed.
“The Hyperliquid ecosystem remains committed to engaging collaboratively and constructively with regulators and institutions globally and to supporting clear, well-designed frameworks for onchain finance," the platform wrote in a Friday X post.
According to CoinGecko, Hyperliquid ranks as the ninth-largest decentralized exchange by trading volume, while DefiLlama estimates it holds about $5.7 billion in total value locked.
Singapore tightens crypto oversightSingapore has steadily tightened oversight of the cryptocurrency industry in recent years. In May 2025, MAS ordered crypto companies serving overseas customers to either obtain licenses or cease operations, saying the policy reflected a long-standing regulatory position rather than a shift in approach.
The directive closed a regulatory loophole that had allowed some crypto firms based in Singapore to avoid licensing by serving only overseas customers. MAS said it had consistently communicated its position since 2022 and was ending the transition period for firms that had continued operating without a license.
MAS said the measures were intended to strengthen consumer protection and align the Lion City's crypto framework with international standards on Anti-Money Laundering and Countering the Financing of Terrorism.
Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026
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