1h ago
Sui settles nearly $65B in stablecoins since June 10 after fee-free transfers rollout
Sui has drawn increased stablecoin activity after Mysten Labs introduced a protocol change that lets users move stablecoins on-chain without paying gas in SUI. Since June 10, the network has settled nearly $65 billion in stablecoin transactions, and it has recorded over $2.27T in stablecoin volume since early 2024. Mysten Labs' Adeniyi Abiodun said the feature reduces operational overhead for service providers, while Sui tests private transactions on its devnet.
SUI
SUI+0.76%
1h ago
2h ago
Bitcoin difficulty falls 10.09% to 124.93T at block 953568, weakest since Jul. 12, 2025
On Jun. 13, Bitcoin's mining difficulty dropped 10.09% at block height 953568 to 124.93 trillion, the lowest reading seen in 2026 and the weakest level since Jul. 12, 2025. The move followed a cooling in hashrate from 1,000+ EH/s to about 893 EH/s, while hashprice recovered to $32.51 per day after slipping below $28 per PH/s. The next difficulty adjustment is projected for around Jun. 28, 2026.
BTC
BTC+1.26%
2h ago
2h ago
Bitcoin's long-running Fibonacci pattern flags a potential drop toward $48,215
Bitcoin is trading near $64,000 after peaking above $126,000 earlier this year, while a long-observed Fibonacci retracement framework suggests a deeper drawdown is possible. The 61.8% retracement from bitcoin's near-zero 2010 starting point to the latest peak sits at $48,215, a level that prior bear markets have historically broken below. The setup has not been triggered in the current cycle, and the analysis notes the pattern is not a guarantee.
BTC
BTC+1.26%
2h ago
3h ago
World Liberty Financial Ties USD1 Bonuses to UFC Freedom 250, Adds $250,000 Pool
World Liberty Financial (WLFI) said it will sponsor a new Performance of the Night bonus pool for UFC Freedom 250 on June 14, 2026, paying its $250,000 contribution in USD1 stablecoin. UFC CEO Dana White said Fight of the Night winners will receive $400,000 each and Performance of the Night winners $425,000 each, with the overall post-fight bonus pool reaching about $1.65 million when combined with a separate $1 million CRO bonus. Polymarket activity around the card surpassed $4.1 million across 18 markets, led by $2 million on Ilia Topuria vs. Justin Gaethje.
WLFI
WLFI+0.67%
3h ago
3h ago
Bybit report outlines drivers behind Bitcoin's drop below $60K and oversold signals
Bybit analysts said Bitcoin's slide below $60,000 stemmed from a multi-week structural breakdown rather than indiscriminate panic. In the week ending June 8, BTC fell from $73,760 to $59,130, while RSI readings for ETH (12.78) and BTC (15.45) pointed to the most oversold conditions of this cycle. The report added that ETF outflows, stronger U.S. jobs data, and Strategy's 32 BTC sale for $2.5 million weighed on sentiment, with no confirmed reversal yet.
BTC
BTC+1.26%
3h ago
3h ago
DeFi TVL drops from nearly $178B to about $72.5B as stablecoins stay near $315B
DeFi's total value locked has slid from nearly $178 billion to around $72.5 billion since its late-2025 high, even as stablecoin supply remains near $315 billion. The pullback spans lending, liquid staking, and bridge protocols, pointing to tighter risk selection rather than a breakdown of DeFi infrastructure. Staking levels remain firm, with about one-third of Ethereum supply staked and Solana staking near 68%.
ETH
ETH+1.89%
3h ago
4h ago
XRP Extends Weekly Losing Streak as ETF Inflows Rise and Death Cross Nears
XRP extended its slide last week, marking five straight weekly declines and trading near its lowest level since November 2024 after falling 70% from last year's peak. Even as XRP ETFs reportedly added $13 million this month (after $132 million in May) and lifted cumulative net inflows to $1.44 billion, technical signals point to further downside, with a potential weekly death cross and a double-top setup that targets $1.00 and possibly $0.50.
BTC
BTC+1.26%
4h ago