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We can continue the decline into deeper zones of interest for the altcoin
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🪙 The US Department of Commerce has begun to host macro data on the Chainlink blockchain. The regulator has also chosen the Pyth Network to verify and distribute economic data on the blockchain. $LINK
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Spot Bitcoin and Ethereum ETFs Continue to Gain Capital Despite Correction$ETH
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Google Launches Its Own Blockchain for Global Transfers Google Cloud has introduced Universal Ledger (GCUL), a service for fast and round-the-clock multi-currency payments. It supports built-in KYC, transparent fees, and is designed for huge transaction volumes, from retail transfers to capital market transactions. The project is currently being tested in a closed format. GCUL is formally positioned as an L1 blockchain, but experts note that it is more like a consortium solution than a fully decentralized network. $G
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Mass liquidations on Hyperliquid: XPL market collapsed in 10 minutes Hyperliquid liquidated 85% of all XPL positions (116 million tokens) in 10 minutes. A wallet linked to Justin Sun opened a large long, “destroyed” the order book and triggered a cascade of liquidations. He locked in $16 million in profit, leaving a position worth another $10.2 million. Trader TechnoRevenant also came out on top — part of his position was closed automatically by the system (auto-deleveraging), which brought in about $25 million, despite a separate liquidation of $7 million. As a result, the XPL market showed low resistance to large orders: single transactions caused a sharp collapse and hit Hyperliquid's reputation. $XPL
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🐹 Libra token promoter Hayden Davis made $12,000,000 on Kanye West's YZY coin — analysts found wallets linked to him bought tokens within a minute of the project's launch. While the insider information is unconfirmed, 14 "snipers" made millions in profit, while most investors lost money: more than half of the addresses lost money, and one trader lost over $1,000,000. $YZY
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