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๐Ÿšฌ Over the weekend, Hyperliquid liquidated a long position worth $222,600,000 with a single order.

#News

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๐Ÿ“Š Bitcoin is now less volatile than gold โ€” Bloomberg

Goldโ€™s 30-day volatility has surged above 44%, the highest level since the 2008 financial crisis, while BTC volatility stands at around 39%.

#News

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๐Ÿค‘ Tether has scrapped plans to raise up to $20B after investor pushback over a $500B valuation.

Advisors are now considering a much more modest round of around $5B.

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๐Ÿฟ The U.S. Congress has launched an investigation into the Trump familyโ€™s World Liberty Financial.

The probe follows reports of a potential $500 million private deal to acquire 49% of the company, allegedly involving an entity linked to Abu Dhabi.

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๐Ÿ“‰ Bitcoin briefly dipped below $60,000 amid one of the most aggressive sell-offs in recent times, and is now trading above $65,000.

Over the past 24 hours, $2.2B in long positions were liquidated, while the Fear & Greed Index collapsed to 9 โ€” its lowest level since June 2022, during the Terra crash.

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๐Ÿšฌ Trend Research has almost completely exited its Ethereum position.

The firm withdrew 792,532 ETH ($2.6B) from Binance at an average price of $3,267, then sent back 772,865 ETH ($1.8B) to the exchange at $2,326.

The total realized loss amounts to $747 million.

#News

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๐Ÿค‘ Amid rapid business growth, Tether plans to hire another 150 employees over the next 18 months, primarily developers, as it continues expanding beyond the crypto market.

The company has already invested in around 140 projects โ€” ranging from a stake in Juventus to agricultural assets in South America โ€” and says it aims to build peer-to-peer tools as alternatives to centralized Silicon Valley technologies.

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๐Ÿš€ Bitmine Hits Major Milestone in ETH Staking

Bitmine has now reached ~3,000,000 ETH staked, marking a significant step in the platformโ€™s growth and commitment to Ethereumโ€™s ecosystem.

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๐ŸŒ Tether Is Building a Global USDT Merchant Map

If your business accepts USDT payments, you can now add your location to the map and become part of the growing stablecoin economy.

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๐ŸŽฒ Polymarket Launches 5-Minute BTC Price Predictions

Polymarket has rolled out 5-minute BTC price prediction markets. The hype is already building, with early cases showing $200 farmed in under 30 minutes.

๐Ÿ‘‰ High frequency predictions meet onchain gambling vibes.

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๐Ÿช™ Strategy Confident Even at $8,000 BTC

Strategy stated that even if BTC drops to $8,000, the company would still have enough assets to fully cover all outstanding debt obligations.

๐Ÿ‘‰ Michael Saylor also confirmed plans to convert the companyโ€™s convertible debt into equity over the next 3โ€“6 years, reinforcing Strategyโ€™s long-term capital structure strategy.

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๐Ÿ”ฎ Market Action Looks More Like a Bear Transition Than a Pullback

Current price dynamics resemble a shift toward a bearish market, rather than a typical correction, according to CryptoQuant.

๐Ÿ™‚ Bitcoinโ€™s Adjusted SOPR (aSOPR) has dropped into the 0.92โ€“0.94 range โ€” levels that in 2019 and 2023 aligned with periods of deep corrections and widespread loss realization.

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๐Ÿ‡ธ๐Ÿ‡ป El Salvador Keeps Stacking BTC Despite IMF Claims

Despite repeated statements from the International Monetary Fund suggesting that El Salvador has formally scaled back its Bitcoin experiment, the facts tell a different story.

๐Ÿ‘‰ The country continues to buy Bitcoin daily and steadily increase its reserves, sticking to its long-term strategy.

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๐Ÿช™ Bitcoin Lightning Network Processes Over $1B in Monthly Volume

The Bitcoin Lightning Network is now handling more than $1 billion in monthly transactions, with a notable surge in volumes starting in 2025.

๐Ÿšฌ Yet despite the data, many still label the network as โ€œdead on arrivalโ€ and continue to question its real-world demand.

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โ˜ ๏ธ Suspected Private Key Leak on IoTeX

A suspected private key compromise has occurred on the IoTeX network. Attackers reportedly drained all funds from the projectโ€™s token vault.

๐Ÿ‘‰ Estimated losses are around $4.3 million.

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๐Ÿช™ Bitcoin Network Activity Declines for Six Straight Months

Bitcoinโ€™s onchain activity has been falling for six consecutive months โ€” the last time this happened was in 2024, right before a ~30% correction.

๐Ÿ‘‰ Historically, this trend signals waning interest and realized losses, though an alternative view is that long-term holders are simply entering hibernation during lower price periods.

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๐Ÿช™ 16 Years Ago, Satoshi Introduced the First Bitcoin Logo

Exactly 16 years ago, Satoshi Nakamoto officially presented the first Bitcoin logo to the community โ€” a golden emblem featuring the letters โ€œBโ€ and โ€œCโ€ inside a star-studded frame.

๐Ÿš€ Discussions on the BitcoinTalk forum eventually led to the BTC ticker, even though the letter โ€œTโ€ never appeared in the logo itself.

Later, the โ€œCโ€ was dropped, the โ€œBโ€ gained two vertical strokes, and the final orange symbol โ€” now a globally recognized sign of Bitcoin โ€” was proposed by an anonymous forum user.

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๐Ÿ’ฐWe are partnering with early-stage DEX, that building cutting edge technology for professional traders:
- First as first every Scalper on-chain SDK and fully AI agent ๐Ÿค– powered tools

๐Ÿ’ธTeam just closed first round and scaling top VCs with realistic terminal release 2026 summer time

๐Ÿ‘ŠProduct has strong USP economical engine and realistically will compete with top market players like HyperLiquid

follow project X to stay tuned and receive the early access ๐Ÿ‘‡

https://x.com/jenex_official

P.S. Project will allocate 7.5% of total supply for airdrop and up to $1 ml for pre-TGE trading tournaments ๐Ÿค‘
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Alpha pinned ยซ๐Ÿ’ฐWe are partnering with early-stage DEX, that building cutting edge technology for professional traders: - First as first every Scalper on-chain SDK and fully AI agent ๐Ÿค– powered tools ๐Ÿ’ธTeam just closed first round and scaling top VCs with realistic terminalโ€ฆยป
๐Ÿ“Š Altcoins Face One-Sided Sell-Off

Since January 2025, the crypto market excluding BTC and ETH has seen an almost one-directional sell-off.

๐Ÿ‘‰ The cumulative net selling volume has reached $209 billion, highlighting sustained pressure across the altcoin sector.

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