A trader was able to exchange 1 SPK for $19,687 after the token trading was launched, almost completely emptying the liquidity pool. This was stated by Lookonchain analysts. Experts explained that this was possible due to an error by user teochew.eth, who created an SPK/USDT pool before trading and provided 19,998 USDT as one-way liquidity. He wanted to set the rate at which 1 USDT equals 19.93 SPK, but mixed up the order and indicated the opposite - 1 SPK costs 19.93 USDT.
As a result, the trader took advantage of the inflated rate and received almost all the liquidity of USDT in exchange for one token. At the time of the transaction, the cost of SPK was $0.05.
When teochew.eth noticed the error, most of the assets had already been withdrawn. He managed to return only $32.92 and 4.69 SPK. Total losses amounted to $19,965 $BNB
Altcoins will accumulate ahead of the FOMC meeting
The latest inflation data in the US has been released, and it is better than expected. The Consumer Price Index (CPI), which shows how quickly prices are rising, came in lower than many thought. Following the news, the stock and crypto markets jumped slightly, and interest rates dipped a bit.
СМИ: команда Трампа заблокировала пункт о конфликтах интересов в криптозаконе CLARITY Act
Журналистка Лора Шин сообщила, что команда президента США Дональда Трампа выступила против пункта, который запрещает конфликты интересов для высших государственных чиновников. По ее словам, формулировка предусматривает ограничения для президента, вице-президента, членов Конгресса и их семей в части участия в криптовалютном бизнесе. Кроме того, Лора Шин добавила, что противодействие со стороны представителей Трампа, вероятно, связано с его многочисленными криптовалютными проектами, которые ранее уже блокировали продвижение другого законопроекта по стейблкоинам — GENIUS Act. Напомним, 11 июня 2025 года законопроект GENIUS Act получил двухпартийную поддержку в Сенате США, что позволит продвинуть инициативу для дальнейшего рассмотрения в Палате представителей. $TRUMP $CAKE
Hayes noted that the companies issuing stablecoins are striving to follow the example of Circle — the issuer of the USDC token, which listed its shares on the New York Stock Exchange in early June. According to Hayes, Circle's initial public offering (IPO) marks the beginning of a 'mania for stablecoins,' however, most new public crypto companies may be overvalued.
Disillusioned Ethereum whales are getting rid of coins
Disillusioned Ethereum whales continue to get rid of coins, thereby burying the hopes of ordinary members of the crypto community for a revival of the bull rally. According to research firm Lookonchain, two major whales sold ETH from June 16 to 17: An ICO participant who bought 2,000 Ethers ten years ago for just $620 has finally become active and transferred the acquired coins to the Binance exchange, which are now worth $5.13 million;
Can Bitcoin become the foundation for the future of payments in stablecoins?
The rapid growth of stablecoins, particularly USD1 from World Liberty Financial, is changing the course of industry discussions. Launched in March 2025, USD1 reached a market capitalization of $2.1 billion in just two months, an explosive debut that has drawn new attention to the potential of Bitcoin as a hosting platform for stablecoin payment rails.
The 15th Anniversary Blockchain Life will take place in Dubai on October 28–29 with unprecedented scale.
On October 28–29, the long-awaited 15th International Forum on Web3 and cryptocurrencies — Blockchain Life 2025 will take place in Dubai. A record number of speakers, two separate stages, new activity zones, and premium networking for 15,000 participants ahead of the peak of the bull run. Why should you fly to the Anniversary Blockchain Life?
Altcoin season begins: can Cardano lead the charge and reach $2.40?
The altcoin market seems poised for some interesting weeks as key market indicators suggest the possibility of a major move. The dominance of altcoins has dropped to an important support level, an area where strong altcoin rallies have often begun in the past.
Strategy buys another 10,100 bitcoins, total holdings soar to 592,100 BTC
Strategy, whose billion-dollar bitcoin purchase increases its assets to 592,100 BTC, solidifying its status as the largest institutional holder and an unstoppable force in the cryptocurrency space. Strategy announces the purchase of 10,100 BTC, increasing assets to a titanic 592,100 BTC. The intellectual software company Microstrategy (Nasdaq: MSTR), which has been renamed to Strategy, announced on June 16 that it acquired an additional 10,100 bitcoins between June 9 and June 15, using proceeds from recent preferred stock offerings.
The cryptocurrency Polyhedra Network has almost completely depreciated within an hour
The cryptocurrency Polyhedra Network (ZKJ), released by the blockchain startup Polyhedra Network, has almost completely depreciated within an hour. On June 15, traders sold a huge amount of ZKJ tokens, causing the coin's price to plummet by 84% between 4:00 PM and 5:00 PM Moscow time. After hitting a low of $0.26, the price of the digital asset corrected and is now $0.33, which is nearly five times lower than the value recorded before the dump.
Solana co-founder called Cardano's idea of buying Bitcoins 'stupid'
Solana co-founder Anatoly Yakovenko sharply criticized Cardano co-founder Charles Hoskinson's proposal to convert part of the project's treasury into Bitcoin. According to the entrepreneur, it is pointless since ecosystem participants can already store the first cryptocurrency themselves.
Peter Brandt predicts the collapse of Bitcoin's price in 2025
Well-known analyst and trader Peter Brandt predicts a significant drop in Bitcoin's price in 2025, despite the optimism prevalent among members of the crypto community. Brandt drew an analogy between the current trend in BTC price changes and past situations, suggesting that a dump similar to the one that occurred in November 2021 may repeat this year. The chart published by the expert indicates that:
The Japanese company Metaplanet has updated its strategy for acquiring bitcoins, planning to own a total of 100,000 BTC by the end of 2026. In comparison, the previous target was a less ambitious 21,000 bitcoins.
Our previous goal of having 21,000 BTC by the end of 2026 has now been significantly revised upwards. We are now aiming to have 100,000 BTC by that time," said Metaplanet's CEO Simon Gerovich. Metaplanet owns 8888 BTC after the latest announcement of acquiring 1088 BTC on June 2. The new target means that the company is committed to acquiring at least 91,112 BTC in the next 18 months.
On June 14, the National Assembly of Vietnam approved the "Law on the Digital Technology Industry," which establishes regulatory oversight for the industry. This was reported by local media. The law divides digital assets into two categories: virtual and cryptocurrency. Virtual assets are a form of digital assets used for exchange or investment. They do not include securities, digital analogs of fiat currency, or other financial instruments defined under the law.
One of the important updates from a fundamental perspective is the stablecoin Ripple, RLUSD. Since the beginning of June, the market capitalization of RLUSD has surged from $310 million to $450 million—a significant increase in just two weeks. This spike demonstrates a growing interest in stablecoins, and Ripple's entry into this market could enhance the overall demand and visibility of XRP in the long term. If stablecoin projects continue to attract attention, Ripple and XRP could also benefit from this momentum.
Some analysts note that XRP is gradually showing signs of bullish pressure. If this continues and strengthens, XRP could rise much higher. In fact, the long-term target price for XRP is in the range of $7.50 to $10, but achieving these levels will require stronger momentum and favorable market conditions $XRP
Sandwich attacks on BNB Smart Chain (BSC) have increased, and this week alone more than 120,000 decentralized exchange (DEX) traders were affected. This resurgence coincides with a rise in network activity. According to Dragonfly analyst Hildobby on X, there was a surge in sandwich attack activity in the network for the first time in mid-May, and this number continued to grow, especially in the last week of May and the first week of June. Data shows that the number of traders using DEX sandwich attacks exceeded 100,000 for two consecutive weeks, with trading volume exceeding 1 billion dollars.
#ПоделитесьСвоимиМыслямиОBTC I think that in the coming days, there are no cataclysms affecting the Bitcoin exchange rate expected, and therefore I hope the volatility will be minimal. $BTC
Shiba Inu's capitalization may exceed Dogecoin's value in 2027
The meme coin Shiba Inu needs a growth of 280% to match Dogecoin's market capitalization of $28.46 billion. Interestingly, some analysts suggest that this milestone could be reached by November 2027. At the moment, SHIB is trading at $0.00001277 with a total valuation of $7.52 billion, while the price of DOGE is $0.1902. Several forecasting platforms have set different timelines for when SHIB could close the gap.
Bitcoin traders are targeting the $170,000 mark — and that is far from the limit of their ambitions. While the main cryptocurrency fluctuates just above $100,000, analysts confidently draw charts with sky-high targets. The ascending wedge promises $170,000 Trader Alan Tardigrade discovered an ascending expanding wedge on the weekly Bitcoin chart — a pattern that has been forming for several weeks and now points to the $170,000 level. Sounds fantastic? Perhaps, but the technical picture suggests just that.