📉 Polyhedra Network Token ($ZKJ ) Plunges 80% to $0.35 In | TopCryptoNews on Binance Square

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📉 Polyhedra Network Token ($ZKJ ) Plunges 80% to $0.35 
In 2 hours, the project's capitalization of $580 million dropped to $100 million.

The reasons for the fall are still unknown, but this is no longer particularly important. 😡
#ZKJ #Polyhedra 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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📈 Strategy bought another 10,100 $BTC . During the BTC crash due to the Iran-Israel conflict, Michael Saylor's company added 10,100 #BTC to its balance. The purchase was made at approximately $104,080 per BTC – for a total of $1.05 billion . Strategy now holds 592,100 BTC worth $41.84 billion. #Bitcoin #Strategy

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🐸 Pepe Coin Price Holds Steady as Whale Netflows Spike 54% Despite Losses Pepe Coin (PEPE) price appears to have found its footing at $0.000011 as the meme coin recorded a significant decline in volatility in the last three days. The steady price movements follow a 54% increase in whale netflows as large addresses actively purchased the coins sold by traders who were exiting the market following a surge in losses to the highest level in one month. 🔸 Pepe Coin Price Stabilizes as Whale Netflows Surge In the last three days, PEPE price has fluctuated between $0.0000106 and $0.000011. Such moves are usually rare for meme coins, which are popular for having notorious volatility where the price can record massive dips or gains within a short time. At press time, the token was trading at $0.0000115 with a 3% gain in 24 hours, as the uptrend mimicked recovery across the broader market. The recent price moves follow a 54% uptick in large holder netflows as depicted by IntoTheBlock data. Whale holdings have increased from 81 billion to 125 billion, which shows that they bought 44 billion tokens within 24 hours. However, as the chart below shows, these netflows are yet to reach their weekly highs, suggesting that some whales remain hesitant. At the same time, whale inflows also rose from 1.2 trillion PEPE to 1.92 trillion tokens. The inflows indicate that large addresses have added more tokens to their wallets than they have sent to exchanges, which could be good for the price of this top meme coin. Additionally, whales on the HyperLiquid DEX platform appear to be opening long positions on the meme coin as they speculate on a price increase. Two whales have opened more than $3 million long positions on PEPE in the last two days. As the price holds steady at $0.000011 and whale interest increases, it weakens the previous bearish outlook after Pepe Coin whales exited the market, as a bearish triangle warned of a 30% drop. The return of these large wallets could see the meme coin avoid adding another zero. #PEPE #pepecoin

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🤔 Who holds more Bitcoin: BlackRock or Michael Saylor's Strategy? Strategy (formerly Microstrategy) and BlackRock currently hold the largest known institutional Bitcoin ($BTC ) positions, now neck-and-neck in their holdings. According to the latest data, Strategy (NASDAQ: MSTR) has accumulated approximately 592,100 BTC worth over $63.3 billion at press time, while BlackRock controls 669,523 BTC valued at approximately $71.41 billion through its iShares Bitcoin Trust (IBIT). 💬 Strategy has acquired 10,100 BTC for ~$1.05 billion at ~$104,080 per bitcoin and has achieved BTC Yield of 19.1% YTD 2025. As of 6/15/2025, we hodl 592,100 #BTC acquired for ~$41.84 billion at ~$70,666 per bitcoin. $MSTR $STRK $STRF $STRD — Michael Saylor (@saylor) June 16, 2025 Strategy’s latest disclosed purchase involved acquiring 10,100 Bitcoin for $1 billion at an average price of $104,080 per coin. The purchase occurred during market volatility triggered by escalating Israel-Iran tensions, as Bitcoin dropped from $110,000 to an intraweek low of $103,639. The deal puts Strategy’s year-to-date Bitcoin yield at 19.1%, much closer to the company’s target of 25% by the end of 2025. Meanwhile, BlackRock, too, has been steadily building its BTC position, buying a staggering $1.1 billion worth of Bitcoin in recent weeks. 🔸 Different approaches Strategy operates as a corporate treasury play, with CEO Michael Saylor positioning Bitcoin as the company’s primary asset and using various financing methods to acquire more. The company recently debuted its third Bitcoin-backed preferred stock, STRD, on Nasdaq to raise an additional $250 million for further Bitcoin purchases. BlackRock, on the other hand, accumulates Bitcoin through its exchange-traded fund (ETF) structure, pooling investor capital to build massive positions. The firm aims to become the world’s leading digital asset manager by 2030, aiming to manage at least $50 billion in crypto within five years. #BTC #Bitcoin #blackRock #MichaelSaylor

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📊 Injective Highlights Zellic as Top Validator in New Spotlight Who is Injective highlighting in its latest “Validator Spotlight” edition? Not an old name, but Zellic—a cybersecurity company that has long been better known as an audit partner for giants. From Fortune 500 companies to top-tier DeFi protocols, many have relied on their expertise. But now, Zellic is also the backbone of Injective’s security as an active validator. 💬 Injective Validator Spotlight Today, we shine the spotlight on @zellic_io.Zellic is a major contributor to Injective’s network security by operating a validator among other governance, education, and ecosystem development work.Zellic is a security powerhouse doing… — Injective (@injective) June 13, 2025 🔸 Zellic Brings Precision and Proactive Defense to Injective Zellic itself is no ordinary player. They claim that in more than 59% of the audits they conduct, they find crucial issues that almost escape the radar of many other auditors. What does that mean? They not only know the loopholes, but also understand how to prevent chaos before it starts. At Injective, this role is even more important. With a commitment to maintaining high uptime and a 5% validator commission, they also strengthen the governance and education side of the community. Not enough? They are even participating in Injective’s validator rebate campaign until the end of July. New delegators can get 0% commission if they stake to the Zellic validator during that period. Interestingly, Zellic is not the only big name to join the Injective network this year. On June 6, BitGo officially joined via Twinstake as a new validator. BitGo, which has handled over $2 trillion worth of digital transactions, brings heavy-duty infrastructure that is suitable for institutional needs. BitGo’s joining is not only about reputation, but also about the capacity to maintain the security and scalability of the Injective protocol amidst growing interest. #INJ #Injective

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🚀 Here’s Why June 17 Can Change Things For $XRP and Ripple A big XRP ETF decision is due tomorrow (June 17). With Ripple pushing for a legal settlement and the SEC set to decide on Franklin Templeton’s ETF filing, XRP could be ready for a parabolic move if things move in its favour. 🔸 XRP ETF Approval Odds Strong at 88% The deadlines are nearing for spot XRP ETF filings from Grayscale, Franklin Templeton, and Bitwise. The odds on Polymarket for a spot XRP ETF approval surged to 98% in June and have slightly dipped to 88% this week. The SEC is expected to announce its decision on Franklin Templeton’s spot XRP ETF tomorrow, on June 17, which could be a major turning point for XRP and the broader crypto market. 💬 BREAKING: FRANKLIN TEMPLETON SPOT #XRP ETF DECISION COMING TOMORROW.89% CHANCE IT’S A YES!— STEPH IS CRYPTO (@Steph_iscrypto) June 16, 2025 🔸 Another Delay? Bloomberg analysts now predict an 85% chance for XRP ETF approval this year. Top firms like Bitwise, CoinShares, and Grayscale are also waiting for approvals. Grayscale’s XRP ETF decision is likely due by October 18, while ProShares has requested a final decision by June 25. If approved, the SEC won’t be able to delay ProShares’ ETF beyond that date. Bloomberg ETF analyst James Seyffart says the recent XRP ETF delays are normal, not surprising. The SEC usually takes the full review period, with most final decisions expected in October. He also said that even with a crypto-friendly SEC, early approvals would be “out of the norm”. 🔸 XRP ETF Approval Hinges on Key Legal Updates Nate Geraci, the President of Crypto ETF Store, explained how Crypto ETFs are evolving fast with staking, in-kind redemptions, and altcoin ETFs on the way. Ripple and the SEC filed a second joint motion on June 12, asking Judge Torres to lift the XRP sales ban to institutions and reduce the $125M fine. Legal experts are watching closely. While some believe that Judge Torres could approve the motion by June 19, others remain cautious. #Ripple

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