Live markets: Bitcoin, ether lead $1 billion liquidation losses as AI trade keeps going
A liquidation flush took bitcoin to its lowest since early June before Micron's blowout earnings and SK Hynix's U.S. listing plans steadied the AI trade that…
MemeCore's M token suddenly crashes 80% with no clear trigger
The token fell from nearly $3 to about $0.50 in hours, wiping out close to $3 billion in market value, with no exploit or announcement to explain it. Onchain…
Ripple's RLUSD stablecoin goes live in Japan after regulatory approval
Japan's financial regulator cleared the U.S. dollarbacked token as a new category of payment instrument, letting SBI VC Trade offer it to institutions and…
Bitcoin has a new line in the sand. Thursday’s core PCE could stress test it.
The market has found a new support level and it could be tested following Thursday's U.S. inflation data. Source:CoinDesk
XRP slides 2.8% as weak bounce keeps $1 support in focus
Sellers broke another support level on heavy volume, while the recovery failed to reclaim the zone that would ease downside pressure. Source:CoinDesk
Bitcoin back above $60,000, ETH, SOL recoup losses as AI stocks stage rebound
The token fell to about $59,000 before buyers stepped in, but the week's losses are steep across the board. A blowout Micron forecast lifted stocks and oil…
Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish
In this week's edition of The Protocol Newsletter, we're looking at Ethereum's eventful week that started off with the launch of EthLabs, plus the layoffs at…
Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket
The prediction market operator, which is eyeing a potential public debut in 2027, could close a new funding round in Q3, according to a Financial Times report.…
Binance withdraws Greek MiCA bid but vows to remain in Europe
The crypto giant must find a home base in the EU by July 1 or regulators will force the company to shut down operations for millions of regional users.…
Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital
South Korean memory chip giant on Wednesday filed to raise nearly $30 billion in a U.S. offering. Source:CoinDesk
Bitcoin shoots higher on Iran peace deal, with Strait of Hormuz set to open
The price of crude oil is tumbling, and U.S. stock futures are moving higher. Source:CoinDesk
Bitcoin could crash to $48,000, if this historical pattern is triggered
A pattern stretching back to bitcoin's earliest days has held through every market cycle. It has yet to be tested in the current one. Source:CoinDesk