Crypto Pro Updates
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๐Ÿ˜” #SOL Defi Development is withdrawing its application for a $1 billion equity offering due to the lack of a required report on internal control over financial reporting. These funds could have been spent on the acquisition of SOL. sec
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๐Ÿ”๐Ÿณ Whale Transactions:

1. Whale created a new wallet and spent 14,850 #SOL ($2.48 million) to buy 1.68 million #Fartcoin;
2. Whale spent another 40 million #USDT to buy more #WLFI on OTC. He previously spent 40 million USDT to buy 400 million WLFI via OTC at $0.1.
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๐Ÿ“Š๐Ÿ“ˆ #NEAR Protocol has become the leading Layer-1 blockchain by monthly active users, reaching 46 million in May 2025.

Among all L1 networks, NEAR ranks second only to Solana in terms of active addresses.
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๐Ÿ’ธ #BTC Over the past 24 hours, contracts worth ~$323.79 million have been liquidated, of which longs have liquidated ~$232.20 million and shorts ~$91.59 million.
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๐Ÿง #PENGU Pudgy Penguins announce partnership with NASCAR. x
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๐Ÿฆ๐Ÿ‡บ๐Ÿ‡ธ #BTC US Bancorp is exploring the use of stablecoins. cointelegraph
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๐Ÿ‘ #IMX Immutable will launch steaming on Immutable zkEVM June 19, steaming on Immutable X will be completed.
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๐Ÿค‘๐Ÿ˜ฑ Fear&Greed Index from #BTC and #ETH
๐Ÿค #ACH #RWA Alchemy Pay connects Backed to expand access to tokenized #ETF, shares. cointelegraph
๐Ÿ“ˆ CQ: Stablecoin market capitalization reached a record $228 billion, growing by $33 billion (+17%) in 2025. This is driven by increased trading activity, increased use in payments, and clearer regulation under Trump.
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๐Ÿ’ฐ #BTC Mercurity Fintech Holding plans to raise $800 million to create a BTC treasury. coindesk
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๐Ÿ“Š๐Ÿ‘€ #ETH Yesterday, more than 140,000 ETH, worth roughly $393 million, flowed out of exchanges, marking the largest single-day withdrawal in over a month.
๐Ÿ†• Binance Wallet held TGE KAI (#SGC).
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๐Ÿ‡ง๐Ÿ‡ท๐Ÿ‘ Brazilโ€™s Strategic Bitcoin Reserve Bill passes first committee, pushing the country closer to holding #BTC as part of its national reserves.
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๐Ÿ‡ญ๐Ÿ‡ฐ๐Ÿ‡ธ๐Ÿ‡ฌ Ant International plans to obtain licenses to issue stablcoins in Hong Kong and Singapore. coindesk
๐Ÿ“ˆ #ETH futures open interest (cash-margined) just hit a new all-time high - topping $20B. Despite a slight pullback from the $2.8K levels, leverage continues to build as traders load up using stablecoins.
๐Ÿ‡ธ๐Ÿ‡พ๐Ÿ‘€ #BNB Binance officially announced that following the suspension of US sanctions, Syria is no longer classified as a "prohibited country". The platform is now fully open to residents of Syria.
๐ŸŽฎ Top 15 #GameFi projects trading below $100 million FDV. #WILD #ACE #ZENT
๐Ÿ“Š 31% of all #BTC is now held by governments and institutions, signaling rapid market institutionalization, per Glassnode & Gemini.
๐Ÿณ๐Ÿ“‰ #ETH whale opened a $110 million in ETH short.
๐Ÿ‡จ๐Ÿ‡ฆ #USDT Tether acquired a stake in Canadian gold miner Elemental Altus Royalties Corp.