๐๐ค #BTC Major stakeholders are quickly accumulating $BTC. Retail traders have also started accumulating.
Ideally, if key stakeholders continue to accumulate while retail traders start taking profits, this combination is one of the strongest signals for long-term growth. link
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Ideally, if key stakeholders continue to accumulate while retail traders start taking profits, this combination is one of the strongest signals for long-term growth. link
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๐ฅท Lido Submits Proposal to Join rsETH Relief Effort, Up to 2,500 stETH Contribution
Lido has proposed to participate in Aaveโs rsETH relief effort following the recent Kelp rsETH LayerZero bridge exploit. The proposal requests authorization for a one-time allocation of up to 2,500 stETH to support a recovery package that addresses the rsETH deficit and aims to mitigate spillover risks in the DeFi ecosystem. #hack link
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Lido has proposed to participate in Aaveโs rsETH relief effort following the recent Kelp rsETH LayerZero bridge exploit. The proposal requests authorization for a one-time allocation of up to 2,500 stETH to support a recovery package that addresses the rsETH deficit and aims to mitigate spillover risks in the DeFi ecosystem. #hack link
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๐ฃ Senator Cynthia Lummis says there is now bipartisan support for Congress to advance crypto market structure legislation.
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๐ $DOGE's Social Interactions Total is perking up. Retail stirs.
Dogecoin remains the most watched retail pulse in crypto. Its social footprint historically front-runs broader memecoin rotation by 2-5 days.
With $BTC tagging $79K and memes printing 5-8% daily, the DOGE social print is worth watching more than the price candle.
Social Interactions + Social Contributors Active โ both turning up this week.
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Dogecoin remains the most watched retail pulse in crypto. Its social footprint historically front-runs broader memecoin rotation by 2-5 days.
With $BTC tagging $79K and memes printing 5-8% daily, the DOGE social print is worth watching more than the price candle.
Social Interactions + Social Contributors Active โ both turning up this week.
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๐ $VIRTUAL, $PROS, $KAIO added to Coinbase roadmap link
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๐ Top 5 News for 24 Hour:
1. Pornhub switches from USDT to USDC for payouts. โ Read full
๐ 379 | โค๏ธ 0 | ๐ 6
2. Whale sells and buys ETH, profit $7.41M. โ Read full
๐ 319 | โค๏ธ 0 | ๐ 5
3. KelpDAO hacker swaps $175M ETH to BTC. โ Read full
๐ 356 | โค๏ธ 0 | ๐ 4
4. Believe founder arrested on assault charges, BELIEVE token plummets. โ Read full
๐ 237 | โค๏ธ 0 | ๐ 4
5. Tom Lee's Bitmine acquires 100,000 $ETH ($233.7M). โ Read full
๐ 302 | โค๏ธ 0 | ๐ 3
EXCAVO | Academy | Challenge | YouTube
1. Pornhub switches from USDT to USDC for payouts. โ Read full
๐ 379 | โค๏ธ 0 | ๐ 6
2. Whale sells and buys ETH, profit $7.41M. โ Read full
๐ 319 | โค๏ธ 0 | ๐ 5
3. KelpDAO hacker swaps $175M ETH to BTC. โ Read full
๐ 356 | โค๏ธ 0 | ๐ 4
4. Believe founder arrested on assault charges, BELIEVE token plummets. โ Read full
๐ 237 | โค๏ธ 0 | ๐ 4
5. Tom Lee's Bitmine acquires 100,000 $ETH ($233.7M). โ Read full
๐ 302 | โค๏ธ 0 | ๐ 3
EXCAVO | Academy | Challenge | YouTube
๐ค Bitcoin ETFs flows are experiencing a positive trend, with every rolling period tracked now showing gains, a situation not seen in months. IBIT's $3 billion places it in the top 1% of all ETFs. However, an additional couple of billion is needed to reach new milestones in cumulative lifetime flows, which currently stand at $62.8 billion.
By Eric Balchunas: link
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By Eric Balchunas: link
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๐บ๐ธ๐ฎ DOJ Arrests US Special Forces Soldier Involved In Venezuelan President Maduro's Capture For Making Over $400,000 Betting On His Removal From Office.
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๐บ๐ธ๐ต๏ธ U.S. Soldier Charged With Using Classified Information to Bet on Polymarket, Profiting About $409,000
U.S. prosecutors have charged active-duty soldier Gannon Ken Van Dyke for using classified information obtained during a military operation against Nicolรกs Maduro to place bets on the prediction market Polymarket. He reportedly generated about $409,000 in profit from approximately $33,000 in wagers and faces charges including violations of the Commodity Exchange Act, wire fraud, and unlawful monetary transactions. link
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U.S. prosecutors have charged active-duty soldier Gannon Ken Van Dyke for using classified information obtained during a military operation against Nicolรกs Maduro to place bets on the prediction market Polymarket. He reportedly generated about $409,000 in profit from approximately $33,000 in wagers and faces charges including violations of the Commodity Exchange Act, wire fraud, and unlawful monetary transactions. link
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๐ GOP Called Howard Lutnick to Reverse Crypto PAC's Texas Move: Axios
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๐ต๏ธ Father of Smart Contracts: Bitcoin Solves the "Fundamental Flaws" in Monetary History
At Bitcoin 2021 on June 6, 2021, Nick Szabo, the "Father of Smart Contracts," stated that Bitcoin addresses the fundamental flaws of precious metals and fiat currency.
He explained that its global node network solves insecure, costly transport and storage, while its low-cost, trustless verification reduces systemic fragility. Bitcoin also replaces digital centralization with censorship-resistant decentralization and answers fiat experiments with a fixed, auditable money supply. link link
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At Bitcoin 2021 on June 6, 2021, Nick Szabo, the "Father of Smart Contracts," stated that Bitcoin addresses the fundamental flaws of precious metals and fiat currency.
He explained that its global node network solves insecure, costly transport and storage, while its low-cost, trustless verification reduces systemic fragility. Bitcoin also replaces digital centralization with censorship-resistant decentralization and answers fiat experiments with a fixed, auditable money supply. link link
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๐ต๏ธ MantleCore has submitted the draft MIP-34 proposal to authorize Mantle Treasury to lend up to 30,000 ETH to Aave DAO to address bad debt tied to the April 18, 2026 rsETH bridge exploit on Aave V3.
The draft sets a term of up to 36 months, with interest at LIDO+1% APR or other terms to be finalized by the execution team, and allows early repayment without penalty.
It also proposes additional collateral from Aave, including 5% of protocol revenue and Aave tokens with a fair market value of at least $11 million, while Mantle would receive delegated voting power of 130,000 Aave tokens.
The proposal is currently under discussion and has not yet entered a formal vote. #hack link
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The draft sets a term of up to 36 months, with interest at LIDO+1% APR or other terms to be finalized by the execution team, and allows early repayment without penalty.
It also proposes additional collateral from Aave, including 5% of protocol revenue and Aave tokens with a fair market value of at least $11 million, while Mantle would receive delegated voting power of 130,000 Aave tokens.
The proposal is currently under discussion and has not yet entered a formal vote. #hack link
Free Academy & VIP Access