One year ago today, crypto suffered its largest liquidation event in history, wiping out over $19,100,000,000 in leveraged positions.
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🇨🇳 BIG: China's Communist Party and State Council just ordered a national blockchain network to be built as part of a new top-level blueprint for the country's economy.
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FUN FACT: Bitcoin $BTC has a larger market cap than Bank of America and Bank of China combined.
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🇦🇷 LATEST: Argentina's central bank says crypto could open up to banks in a second Milei term, four years after it banned them from offering it.
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JUST IN: Tom Lee predicts Ethereum $ETH will surpass $5,000 by the end of this year.
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🔥 BIG: BitMine is roughly 200,000 ETH away from owning 5% of Ethereum's entire supply, now sitting on 5.85M ETH worth $14.27B.
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🇺🇸🇮🇷 NOW: Iran says Washington’s reply to its seven conditions for reopening the Strait of Hormuz falls short, per Reuters.
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🚨 NEW: XRP Ledger Foundation says no new XRP was created by the recently patched ledger bug, with supply still capped at 100 billion and fixed in version 3.4.1.
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🔥 JUST IN: DATA Network and its Trace registry are moving onto Sui, with Walrus as the default storage layer, giving AI labs one place to source rights-cleared training data.
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⚡️ NOW: Jim Cramer says, “As long as there is a war on oil will stay clustered around $100.”
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