Crypto Entrepreneur. 10 years TA FA. Founder of CryptoPatel. Alpha Hunter. SMC and ICT Trader. Sharing 10x Gems, X: CryptoPatel, Pro Setups, Market Trends 🚀
A Japanese Corporate Pension Fund (Okayama, ¥21.3B AUM) Will Allocate ~1% To Crypto From FY2026, Via A Passive Multi-Asset Fund, Not Direct Buys.
The Goal: Currency-Risk Diversification, Citing US Dollar Concerns And BTC's Low Dollar Correlation.
Note: This Is NOT GPIF. A Small SME Fund, Significant As A Precedent, Not As Flow. The Real Signal Is Conservative Institutions Warming To Crypto As Japan Moves It Under Securities Law.
$MSUSD Depegs After Accountable Pulls Verification
🔹 Down ~95% In 24h (Near $1 → ~$0.05 Low) 🔹 Trigger: Accountable Terminated Its Proof-Of-Reserves Agreement With Main_St_Finance On June 20, Citing Failure To Meet Verification Standards 🔹 No Exploit. Just A Confidence Break. Once The Verifier Walked, The Market Couldn't Price The Backing.
Lesson: A Stablecoin Leaning On A Single External Verifier Inherits That Verifier's Exit Risk.
🇺🇸 Illinois Becomes First US State To Tax Crypto Transactions
Governor Pritzker signed the Digital Asset Tax Act into law. A 0.2% tax now applies to crypto transaction value, not your profits. You pay even on a loss.
Effective: January 1, 2027
Who Collects It: Exchanges, custodians and wallet providers serving Illinois users ($100K+ receipts) must register and collect the tax as a separate line on your bill.
The "Own Wallet" Confusion: Exchange to your cold wallet (withdrawal): likely taxed, a broker is involved Your MetaMask to your Ledger (no broker): broad wording, but no one to collect, so hard to enforce
What's Next: Legislature is out of session. A fall veto or a legal challenge are the most likely paths to change it. Industry groups call it the most punitive digital asset tax in the country.
CZ FLOATS FREEZING SATOSHI'S BITCOIN OVER QUANTUM RISK The Interview:
On the Galaxy Brains podcast with Alex Thorn, Binance founder CZ addressed quantum computing's threat to Bitcoin.
His Take: Quantum could eventually break Bitcoin's ECDSA encryption, but it's solvable, not a crisis. Quantum-resistant algorithms already exist and just need a coordinated upgrade.
The Proposal: Give dormant addresses a 6-12 month grace period to move funds during a quantum-safe upgrade. Any unmoved coins, including the ~1M $BTC tied to Satoshi, would be frozen.
Host Alex Thorn and much of the community rejected it, warning it breaks Bitcoin's immutability and censorship resistance. CZ clarified it's "just my personal view."
Reality: No quantum machine today can break BTC's signatures. The risk is still years out.
The Infamous MEV Bot JaredFromSubway Has Been Hacked For Roughly $7.7M.
The Attacker Drained: 🔸 1,583.5 ETH ($2.75M) 🔸 2.87M USDC 🔸 2.09M USDT
All stolen assets have already been converted into 4,427 ETH (~$7.7M). On-chain data shows 1,000 ETH has already been sent to Tornado Cash, likely in an attempt to obscure the fund trail.
The Ethereum Foundation has seen major leadership turnover in recent months.
Hsiao-Wei Wang has stepped down, following the earlier departure of Tomasz Stańczak.
With both co-executive directors now gone and at least eight senior members leaving in the last five months, questions are growing around the foundation’s future leadership and governance.
REPOSTING THIS BECAUSE MANY PEOPLE CALLED IT IMPOSSIBLE.
On May 9, I Told You Multiple Times That $80K Level Was A Major Resistance Zone, FVG Zone, And Liquidity Area. I Also Said That If $BTC Rejected Around $82K, We Could See A Move Back Toward $68K.
What Happened? ➡️ Bitcoin Dumped From $82,800 To $59,100. ➡️ That's A Nearly -28% Move From The Level I Highlighted. At The Time, Many People Told Me: ❌ "BTC Will Never Go Below $80K Again." ❌ "Your Analysis Makes No Sense."
I Didn't Argue. I Didn't Reply.
→ I Simply Let The Market Decide. → Now The Chart Has Spoken. → This Move Wasn't Luck.
It Was A Combination Of: SMC + Liquidity Analysis + FVG + Order Blocks And Market Psychology Most Traders Only Watch Price. Professional Traders Watch Where Liquidity Is Sitting. Of Course, I Don't Win Every Analysis. Nobody Does.
But I Always Try To Give You The Best Possible Analysis Based On What The Market Is Showing.
Now For The Bigger Picture: → The Long-Awaited Lower High (LH) Has Finally Formed After January 2026. → This Is Something I Have Been Waiting For Months To See. → As A Result, My Major Invalidation/ChoCh Level Drops From $98,000 To $82,800.
$82,800 Is Now The Most Important Level On The Chart. Only A Strong Break Above It With High Volume And HTF Candle Closes Would Shift My Bias Back Toward A Bullish Trend. Until Then, I Remain Cautious.
My Current View: → Short-Term Relief Rally Possible → #BTC Could Bounce Toward The $71K-$74K Area Before The Next Major Drop. → Bigger Target Remains Around $50K. For That To Happen: Key BOS Level = $59,800
If BTC Loses That Level, Then: ➡️ $50K Becomes Highly Likely ➡️ $45K-$40K Also Comes Into Play
We'll Reassess Based On Price Action And Market Conditions At That Time. The Market Doesn't Care About Opinions. It Only Respects Liquidity.
Axelar confirmed around $4.67 million in tokens were drained from assets bridged over IBC to Secret Network.
Where the Flaw Was: The issue was isolated to the Secret-side ICS-20 contract that handles assets from the Axelar chain. Axelar's core protocol, other IBC connections, and native Secret tokens are safe.
Why It Is Hard to Trace: Secret is a privacy chain, so transactions and balances are encrypted. The exploit transaction is invisible on-chain, making tracking the attacker difficult.
Axelar disabled the Secret and Secret-SNIP bridge connections and is now working with exchanges and law enforcement to track the funds.
Bridges remain one of DeFi's biggest risk points. Be careful with cross-chain transfers and wait for official updates before moving funds.
20% of Bitcoin Miners Are Now Losing Money: JPMorgan
The Problem: It costs around 78,000 dollars to mine one $BTC, but Bitcoin is trading near 62,500. This gap has stayed open for five straight months.
The Result: Public miners sold over 32,000 BTC in Q1 2026 to cover costs. That is more than all of 2025 combined and a new quarterly record. Mining difficulty also dropped 10 percent in June as machines got switched off.
Older high cost miners are under heavy pressure. Large miner selling can drag price down short term. JPMorgan notes this weak sentiment could turn bullish later, as miner capitulation often marks local bottoms.
ED Raids 5 Crypto Platforms in India Over Alleged FEMA Violations
What Happened: India's Enforcement Directorate searched 6 premises in Bengaluru over alleged FEMA violations.
Platforms Under Scanner: Transak, Carret, Xpat (Remit2Any), Onramp.money, Onmeta
The Allegation: These platforms allegedly used USDT and other stablecoins to move money across borders outside RBI authorised channels.
Key Facts 🔹 Searches took place on June 17 🔹 Around 6 crore rupees frozen so far
What This Means For You: This targets cross border crypto remittances, not holding or trading. But regulators are watching stablecoin transfers closely, so be careful with international crypto transfers.
FBI Seizes Record 8 Billion Dollars in Crypto Scam Crackdown Under Operation Blackout, the FBI shut down a global pig butchering network targeting crypto investors.
The numbers: 🔹 Over 8 billion dollars in scam fraud shut down 🔹 Nearly 2,000 trafficked workers freed 🔹 Close to 300 arrests worldwide
Pig butchering is when scammers build fake trust in your DMs, then push you into fake investment platforms.
The red flag: any stranger online guiding you into a high return platform. Verify everything. Protect your capital.
A további tartalmak felfedezéséhez jelentkezz be
Csatlakozz a világ kriptofelhasználóihoz a Binance Square-en
⚡️ Szerezz friss és hasznos információkat a kriptóról.
💬 A világ legnagyobb kriptotőzsdéje által megbízhatónak tartott.
👍 Fedezd fel ellenőrzött alkotók valódi meglátásait.