Author: Crypto Editor
In response to on-chain information, Chainlink (LINK) whale strikes have skyrocketed 3,373% during the last 24 hours. The surge coincides with a sell-off within the broader crypto market, leading to $458 million in liquidations. Per IntoTheBlock information, Chainlink noticed a large enhance within the quantity of enormous transactions, that are outlined as transfers of greater than $100,000.Within the latest 24 hours, massive transaction quantity, which suggests whale or massive holder exercise, elevated 3,373.02% to $762.7 million, or 59.63 million LINK. That is the best determine previously seven days and practically three months.The surge follows Chainlink’s token unlock, which noticed Chainlink…
The Workplace of the Comptroller of the Forex (OCC) is taking motion towards a former financial institution worker who allegedly stole tens of millions of {dollars} from buyer accounts. The OCC says it’s issuing an order of prohibition towards William Shane Garrow, the previous senior vice chairman of personal banking for a subsidiary of BOK Monetary in Tulsa, Oklahoma. Says the OCC, “Between roughly March 17, 2021 and March 12, 2024, respondent misappropriated roughly $3,437,536 from a number of clients’ accounts below the financial institution’s custody for his private profit, with out the purchasers’ information or authorization.” In line with…
Tony Kim Jun 20, 2025 11:27 The Hong Kong Financial Authority reviews a big rise in bank card circulation and transaction worth in Q1 2025, reflecting financial tendencies. The Hong Kong Financial Authority (HKMA) has revealed its newest statistics on fee playing cards issued in Hong Kong, revealing a notable improve in bank card circulation for the primary quarter of 2025. In keeping with the HKMA, the entire variety of bank cards in circulation reached 21.88 million by the top of the quarter, marking a 4.5% rise from the earlier quarter and a considerable 9.5% improve from the identical interval…
Trusted Editorial content material, reviewed by main business consultants and seasoned editors. Advert Disclosure The Ethereum value struggled to interrupt out of the $2,500 – $2,700 vary over the previous week, mirroring the sluggish situation of the overall market. On Friday, June 20, the altcoin succumbed to a contemporary wave of bearish strain, falling towards the $2,400 mark to shut the week. Unsurprisingly, this newest downturn seems to be forcing the arms of buyers who’ve been banking on the $2,500 help degree over the previous few weeks. Right here’s how the falling ETH value and the ensuing sell-off may have…
In short Circle (CRCL) surged 14% to $228 after Seaport World initiated protection with a purchase ranking and $235 worth goal, calling it a “top-tier crypto disruptor.” The rally was fueled by the Senate’s passage of the GENIUS Act stablecoin laws, which might create the primary federal framework for dollar-pegged stablecoins. Circle and Coinbase each benefited from the regulatory momentum as a consequence of their revenue-sharing settlement on $61.2 billion in USDC money reserves, whereas Robinhood declined 1.65%. USDC issuer Circle was buoyant in pre-market buying and selling Friday, climbing above $236 forward of the opening bell. That put it…
Cathie Wooden’s ARK Make investments has elevated its Circle promoting spree as CRCL inventory surged practically 250% since its public debut.ARK dumped one other 609,175 Circle shares from its three funds for $146.2 million on Friday, in accordance with a commerce notification seen by Cointelegraph.The sale got here amid a 20.4% soar in the corporate’s shares on Friday, closing at $240.3, or 248% above the opening worth of $69 on the New York Inventory Alternate on June 5.The latest dump marked the third sale by ARK previously buying and selling week, with all three gross sales totaling 1.25 million CRCL…
Parataxis acquires Bridge Biotherapeutics to construct Bitcoin treasury in Korea. South Korea named key market in Parataxis’ institutional Bitcoin technique. Management modifications comply with acquisition; Andrew Kim appointed Parataxis Korea CEO. Parataxis Holdings has introduced a significant transfer into the Asian market with the acquisition of Bridge Biotherapeutics, a biotech firm listed on South Korea’s KOSDAQ change. Its worth is estimated at 25 billion Korean received or roughly 18.5 million U.S. {dollars}. As soon as the transaction is finished, the corporate can be renamed as Parataxis Korea, and it could nonetheless be listed within the KOSDAQ. Parataxis Eyes South Korea…
On June 20, a key on-chain metric monitoring the habits of ETH’s long-term holders (LTHs) closed at its all-time excessive, signaling mounting promoting strain from this cohort. This comes at a time when broader market momentum has cooled considerably. With demand for ETH weakening and traders largely sidelined amid a persistent market lull, bearish sentiment is rising. Ethereum Liveliness Hits Report Excessive Based on Glassnode, ETH’s Liveliness spiked to an all-time excessive of 0.69 throughout Friday’s buying and selling session. This metric tracks the motion of long-held/dormant tokens. It does this by measuring the ratio of an asset’s coin days…
TRX finds robust assist between $0.26 and $0.27 with over 14B tokens held in that vary. IPO plans and rumored Trump ties are stirring political and monetary buzz. If assist holds, analysts eye a possible transfer towards $0.30 or greater. Tron (TRX) is making waves once more—and it’s not simply value chatter. In line with new information from Glassnode, a key assist zone is forming proper underneath everybody’s nostril. The TRX Value Foundation Distribution chart dropped some severe perception, and now merchants are watching carefully. A rebound is likely to be on deck. The large story? Sturdy purchaser confidence exhibiting…
Crypto markets welcomed a serious coverage breakthrough this week because the U.S. Senate handed the GENIUS Act, a invoice designed to control stablecoins throughout the nation.The legislative win despatched shares of Circle and Coinbase hovering, signaling renewed investor confidence within the regulatory path forward for digital asset corporations. With sturdy bipartisan backing, the Guiding and Establishing Nationwide Innovation for U.S. Stablecoins Act cleared the Senate with a 68-30 vote. The invoice lays out a complete framework for stablecoin issuers, mandating full asset reserves, month-to-month disclosure studies, and annual audits for firms with over $50 billion in market cap. Following the…