🆕 #MSUSD MainStreet stated that their assets remain fully backed and the issue is related to the closure of a third-party reserve confirmation panel, not insolvency.

They also announced allocating over $8 million to support liquidity and are seeking alternative reserve proof providers.

🔮 #POLY #UMA
WSJ: Polymarket hired content creators to post videos with fake trading wins.

💸 After getting fully liquidated, James Wynn has once again opened a 12.57 $BTC short position with 40x leverage.

Do you think he can make it, or will he get liquidated again?

🇺🇸🗣 President Trump claims the US has the "best economy ever," citing record job numbers and a strong stock market.

🇮🇷🗣 According to reports from Saudi media citing the Pakistani Foreign Minister, during the four-party negotiations involving Egypt, Turkey, Saudi Arabia, and Pakistan, the minister stated that Iran will not obstruct the passage of ships through the Strait of Hormuz. Iran will also not charge any fees for this service for the next 60 days.

💰 #BTC Michael Saylor hints at buying more Bitcoin.

"Looks better with more dots."

💸 Whale "0xa2e" has opened a new 23,000 $ETH short position with 20x leverage, valued at $39.64M, with a liquidation price of $1,832.43.

The whale has made over $3.15M trading $ETH (long and short) since June 10.

💰 #ICO A single SpaceX IPO ($75B) raised 8.3 times more than all 10 biggest crypto ICOs in history combined (approximately $9B).

10 vs 10, side by side: capital raised, day-1, +1 year, where they trade today.

⛏️ #BTC For the first time since 2021, Bitcoin’s annual percentage change in both Difficulty and Hash Rate has turned negative. This indicates weakening mining power compared to one year ago, suggesting a period of Bitcoin miner capitulation where many miners may reduce or shut down operations due to current market conditions. Interestingly, whenever the Hash Rate variation turned negative, it was associated with local price bottoms.

🇮🇷🎁 Oil continues flowing through the Strait of Hormuz despite Iran claiming the waterway is closed, per Bloomberg.

🔮 Wells Fargo lifts its S&P 500 target to 7,950 on stronger earnings and AI momentum.

📉 #BTC Bitcoin's Rainbow Chart has fallen below "Fire Sale".

🆕 El Salvador is still buying Bitcoin every day.

With 8 $BTC added in the past 7 days.

📌 Top 5 News for 24 Hour:

1. MEV bot exploited for $7.5M, funds moved via TornadoCash. →
👁 377 | ❤️ 5 | 🔁 9

2. James Wynn reopens 12.57 BTC short position with 40x leverage. →
👁 284 | ❤️ 0 | 🔁 3

3. Bitcoin mining power weakens, may lead to miner capitulation. →
👁 213 | ❤️ 0 | 🔁 3

4. Suspected insider profits $24.25M from WorldCup betting. →
👁 274 | ❤️ 0 | 🔁 2

5. Polymarket accused of fake trading wins. →
👁 265 | ❤️ 0 | 🔁 2

| |

🐳 The whale “pension-usdt.eth” has increased its $ETH short position to 50,000 $ETH, valued at $85.28M. It is currently sitting on a floating profit of over $1.43M.

🕵️‍♂️ #HYPE A newly created wallet "0xaea" deposited $6.68M $USDC into HyperLiquid and opened a 20x short position of:

- 430.64 $BTC ($27M)
- 181,245 $SOL ($13M)
- 4,280 $ETH ($7M)

🇺🇸🕵️‍♂️ #CL #HYPE Someone is heavily long oil!

A newly created wallet, 0x2558, deposited 4.24M $USDC into Hyperliquid and opened a 10x long on 500,000 xyz:CL ($38.89M).

Liquidation price: $71.50.

#LAB on parabola move again

🥷 Taiko was exploited for ~$1.7M!

The attacker has already deposited 1.99M $TKO ($189K) to $MEXC and still holds 870.8 $ETH ($1.52M). #hack

📊 #SOL #XRP #HYPE Spot Bitcoin ETFs See $227M Weekly Outflows, Sixth Straight Week

From June 14 to June 18 (ET), spot Bitcoin ETFs recorded $227 million in net outflows, marking the sixth consecutive week of outflows.

Spot Ethereum ETFs saw $10.05 million in net outflows, also the sixth straight week of outflows.

Spot SOL ETFs recorded $7.11 million in net inflows, XRP ETFs $10.66 million, and HYPE ETFs $27.95 million. #etf