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Key takeaways:Surging spot Bitcoin ETF outflows and a put-heavy options expiry point to fading institutional demand.Risk-reward shifts toward tech stocks, leaving crypto traders to seek catalysts beyond macroeconomic tailwinds.Bitcoin (BTC) traded down 9% in three days, hitting its lowest level since September 2024. The $58,000 retest triggered over $1 billion in liquidations across bullish BTC leveraged positions. Despite a modest recovery to $59,500, Bitcoin traders remain uneasy as the S&P 500 index and gold prices fully erased their intraday losses.Bitcoin/USD (orange) vs. gold/USD & Nasdaq 100 futures (green). Source: TradingViewThe market downturn on Thursday lined up with the release of…

London, United Arab Emirates, June 25th, 2026, Chainwire Solstice to launch aiUSX, a yield-bearing asset that lets companies help finance the buildout with the capital they already hold for AI. TensorX and Solstice today announced a partnership to finance European sovereign AI infrastructure. TensorX and Solstice will work together to create a facility with up to $1 billion in capacity to finance AI hardware and data-center build-out to meet rising demand for sovereign compute across the EU. Solstice will provide the onchain financing for that buildout and will launch aiUSX, a potential yield asset that opens the same infrastructure lending…

ROAD TOWN, British Virgin Islands, June 25, 2026 /PRNewswire/ — AFX, a high-performance sovereign L1 purpose-built for decentralized derivatives, announced continued growth across its ecosystem as cumulative trading volume approached $1 billion, reaching $946.29 million alongside $20.71 million in Total Value Locked (TVL), according to on-chain data from DefiLlama. This surge is directly driven by the protocol’s native VIP Program, which aligns active traders with ecosystem success by distributing 30% to 50% of platform fee revenue back to high-volume users. With annualized protocol revenue currently tracked at $1.07 million, the VIP reward pool distributes hard USDC yield directly back to participants,…

Eightco treasury composition as of June 24, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, 283 million WLD holdings, and $149M cash and equivalents, totaling approximately $436 million Worldcoin token (WLD) now listed on Robinhood, expanding access to millions  OpenAI recently announced that it submitted a confidential S-1, setting itself up for an initial public offering World offers a solution to the ‘double human’ problem in a world proliferating with deepfakes Eightco provides indirect exposure to some of the most innovative private companies including OpenAI and Beast Industries EASTON, Pa., June 25, 2026 /PRNewswire/ — Eightco Holdings Inc.…

Bitcoin Slides to $58,995 as Polymarket Keeps 99%+ Confidence in “Above $54K on June 27” Bitcoin derivatives markets showed renewed downside hedging after bitcoin futures slid to $58,995, and Polymarket traders kept pricing high confidence that Bitcoin will still finish above lower June 27 thresholds. In Polymarket’s “Bitcoin above ___ on June 27?” ladder, the $54,000 strike was last priced at 99.45% Yes. Key Takeaways Polymarket prices a 99.45% chance Bitcoin is above $54,000 on June 27.After futures fell to $58,995 and put activity surged in IBIT options, traders nudged the lower-strike odds higher despite broader risk-off signals.The ladder resolves…

Zug, Switzerland, June 25th, 2026, Chainwire Anyone can now execute mass payouts across EVM chains and Tron from a single platform and can choose between multiple wallet screening providers. Just three weeks after releasing major upgrades for crypto payment collection, the Request Network Foundation today announced another expansion of its stablecoin payment platform. The release introduces one-click mass payouts on both EVM and Tron, alongside built-in bridging and token swapping across EVM chains. The update also expands compliance capabilities through the integration of Merkle Science as an additional wallet screening provider. Together, these capabilities reinforce Request Network’s vision of providing…

Yakovenko’s comments stood out because they came from one of Ethereum’s most prominent competitors. While debates between Ethereum and Solana supporters have often been contentious, Yakovenko’s reaction reflected a view shared by many currently at the top of the industry: that leaner organizations can sometimes make better decisions than larger, more bureaucratic ones.The emergence of EthLabs is particularly significant because it arrived the day before the foundation’s layoffs and budget cuts, underscoring what supporters see as a broader trend: Ethereum’s research and development ecosystem increasingly extending beyond the foundation itself.”I feel that the job cuts at the EF were necessary…

Several Democrats and one Republican who were supported by more than $8 million worth of ads funded by cryptocurrency-aligned political action committees (PACs) won their respective US primaries on Tuesday, setting up their candidacies for the November election.Party primaries for US House of Representatives and Senate candidates in Utah, Maryland and New York resulted in wins for many aligned with crypto industry interests. PACs like Fairshake and its affiliates, largely backed by crypto companies Coinbase and Ripple Labs, spent a combined $8 million on media to support the candidates it considered likely in favor of digital asset policies for the…

In its first earnings report since its May IPO, Cerebras Systems (CBRS) is lower by 11% in after-hours trading after guiding to lower profit margins next quarter.First-quarter revenue nearly doubled from the year-ago level to $193.4 million, and the company’s adjusted net loss of $2.5 million beat analyst forecasts of $36.75 million.For the second quarter, the company guided to revenue of $194 million, but investors, for now, appear focused on core gross margin — the company expects 36%-38% in the second quarter versus 46.5% in the first.Cerebras raised $6 billion in a May IPO priced at $185 per share. The…

Grand Cayman, Cayman Islands, June 23rd, 2026, Chainwire Sui aims to transition more of Bitcoin’s $1.2T market cap into verifiable, productive onchain products. Hashi, Sui’s native bitcoin finance primitive, gains more institutional support ahead of the scheduled launch of its global testnet this July.   Sui, where money moves as freely as messages, announced today that Cumberland, Fluid, and SwissBorg have joined the Hashi ecosystem, Sui’s native bitcoin finance primitive, weeks ahead of its scheduled global testnet launch this July. The expanding coalition addresses a critical bottleneck in crypto: solving the persistent capital inefficiency by unlocking over a trillion dollars of…