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Aave chief defends protocol's 'resilience' after $8.45 billion bank run

Aave Labs founder Stani Kulechov defended the decentralized lending protocol following an $8.45 billion bank run that tested the platform's stability mechanisms. Speaking at a recent industry conference, Kulechov emphasized the protocol's resilience during the massive withdrawal event, while deflecting personal responsibility for the incident

Market

Spot bitcoin ETFs log $1.7 billion in weekly outflows, largest since February 2025

The outflows were primarily driven by macroeconomic headlines, especially the stronger-than-expected U.S. jobs report, one analyst said.

Market

CME is letting traders bet on bitcoin volatility, not price, and two firms have already placed bets

The Chicago Mercantile Exchange (CME) has launched a new bitcoin derivatives product that allows traders to bet on cryptocurrency volatility rather than price movements. Two trading firms, Monarq and DV Chain, have already placed the first trades on this volatility-based instrument, marking the debut of CME's latest bitcoin

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Bitcoin reclaims $63,000 in ‘oversold relief rally’; South Korea’s KOSPI plunges 8%

Presto's Min Jung told The Block that KOSPI's crash may have had some impact on bitcoin's recovery, but not substantially.

Market

JPMorgan says Strategy may need to rebuild dollar reserves to restore confidence

JPMorgan said crypto's outlook depends on Strategy's dividend plan and the Clarity Act, for which it now sees less than a 50% chance of passage this year.

Market

Michael Saylor hints at fresh bitcoin buy with ‘add more dots’ post as Strategy sits $11.7 billion underwater

The post lands a week after Strategy revealed its first bitcoin sale since 2022 and one day before voting closes on a STRC dividend amendment.

Market

Tether overtakes Ethereum: Is crypto entering a ‘stablecoin season’?

The first USDT-ETH market cap flip in eight years highlights a growing shift from risk-taking to capital preservation.

Market

Bitcoin, ether eye worst weekly rout since FTX collapse as cryptos shed $390 billion

Bitcoin and Ethereum are facing their worst weekly decline since the FTX exchange collapse in November 2022, as the broader cryptocurrency market has shed approximately $390 billion in value. Both leading digital assets have experienced significant selling pressure throughout the week, with trading volumes surging as investors rush toward the

Market

Wallet linked to Ethereum co-founder Joseph Lubin moves 110,000 ETH to defend $259M DAI debt position

Onchain analysts described the move as defensive collateral management to reduce liquidation risk, not likely a sale.

Market

Bitcoin back above $61,000 after rout leads to $1.6 billion liquidations

Bitcoin has recovered above the $61,000 threshold following a significant market downturn that triggered $1.6 billion in liquidations across cryptocurrency exchanges. The world's largest cryptocurrency experienced a sharp decline before staging a comeback, demonstrating the volatile nature that has characterized digital asset markets throughout 2026. The

Market

Breaking: Bitcoin Price Crashes To $59K For The First Time Since In 2 Years

Bitcoin price has continued bleeding, recording lows near $59,000. It marks BTC’s lowest level since October 2024, almost two years. The downturn caused massive long liquidations and stirred FUD in the market. Ad Ad Why Is Bitcoin Price Crashing? At press time, on Friday, June 5, the BTC price stood

Market

Crypto's worst week since July 2024 deepens as bitcoin, ether near critical price levels

Cryptocurrency markets experienced their most severe weekly decline since July 2024, with Bitcoin and Ethereum approaching critical technical support levels. Bitcoin traded near key psychological and technical thresholds while Ethereum similarly tested important price floors that traders and analysts have been closely monitoring. The broad-based selloff affected most major cryptocurrencies,