gar24n

DeFi Development Corp. receives a $5 billion equity line to purchase an additional $SOL for its treasury.
$SOL

$1.15 billion liquidated in a day

A total of nearly 250,000 traders were liquidated in 24 hours, losing over $1.15 billion combined. Of these:

- $457.15 million was on Binance;
- $373 million was on Bybit;
- $126.79 million was on OKX.

More than 90% of liquidations were long positions.

🔫 Last night, Israel struck targets related to Iran's nuclear program, which caused a noticeable reaction in financial markets.

Against the backdrop of escalating geopolitical tensions, futures on stock indices fell, while oil and gold are confidently rising — investors are seeking a "safe haven" amid the risk of conflict escalation.

The cryptocurrency market also came under pressure. Bitcoin reacted to the news with a decline — the price dropped to around $103,000. Volatility was so high that in the last 24 hours, traders' positions worth approximately $1.1 billion were liquidated.

Overall, cryptocurrencies, like other risky assets, are showing negative dynamics in the face of growing uncertainty.
$BTC $ETH

🐳While most small traders are panicking and selling their crypto, there is opposite activity in the market from some large players.

An unknown whale has been actively buying Ethereum for the last 8 hours — on the platforms Coinbase and Wintermute alone, it has acquired 48,825 ETH for about $127,000,000.🔥
$ETH

Mysterious whale identified

Recently, there were rumors in the network that a new large trader who opened a long position on Hyperliquid is yet another address of James Winn. But now Lookonchain specialists have reported that it is not him, but a user named Aquilatrader.

In four days, he deposited $29.85 million in margin and opened a long position on BTC with a 20x leverage. Currently, his daily PnL is -$9.6 million, and the liquidation price is $101,167.
$BTC

Former Ethereum Developer Reveals Details of His Dismissal

Former lead developer of the Geth client, Peter Szilagyi, accused the Ethereum Foundation (EF) of trying to allocate $5 million for the project team to separate from the foundation.

Geth (Go Ethereum) is the most popular Ethereum execution client. According to Ethernodes, it powers nearly 63% of the active nodes in the network. The development was initially handled by the Ethereum Foundation.

According to Szilagyi, EF threatened to cut funding for Geth. Instead, developers, including himself, were offered $5 million to spin off the client into a private company. Szilagyi claims he turned down this and similar offers several times.
$ETH

Financial advisor banned from working for 10 years for transferring $9.6 million to a crypto scheme

From March 2022 to June 2023, Australian financial consultant Glenda Rogan transferred $9.6 million of her clients' funds to the Financial Centre platform.

She promised clients 'high-yield fixed interest accounts,' but in reality, the investments went into cryptocurrency. The Australian regulator acknowledged that Rogan misled her clients.

For these violations, the regulator banned her from working in the financial sector for 10 years.
$BTC $ETH $SOL

BlackRock aims to manage over $50 billion in crypto assets by 2030, striving to become the world's largest crypto asset management company.
$BTC $ETH

Tether acquires 32% of the shares of Elemental Altus, a company engaged in gold royalties, and doubles down on bitcoin and gold-backed financial infrastructure.

In the last 24 hours, more than 327 million dollars have been liquidated, of which 235.38 million dollars were liquidated from long positions.
$BTC $ETH $XRP

Senator Lummis says: "Reconciliation is our chance to correct the provisions on cryptocurrencies that unjustly double-tax bitcoin and digital assets".
$BTC $ETH $XRP

Finance Minister Scott Bessent stated that the market capitalization of dollar-pegged stablecoins could reach 2 trillion dollars, calling it "a quite reasonable figure" that could strengthen the dollar's global position.
$USDC $USD1

GameStop proposes to issue convertible bonds worth $1.75 billion, the proceeds of which will be used for general corporate purposes, including investments in accordance with its policy.

The updated investment policy includes the addition of $BTC as a reserve asset.
$BTC

🇺🇸 The U.S. Senate has greenlit the stablecoin legislation (GENIUS Act) — authorities are rushing to take control of digital dollars before banks and crypto get ahead.
$USDC $USD1

Co-founder of Polygon Sandeep Nailwal was appointed CEO of Polygon Foundation on June 11, 2025. This became part of a strategic restructuring aimed at accelerating decision-making and strengthening Polygon's position in the competitive Layer-2 blockchain environment. Nailwal will focus on long-term strategy, developing key ecosystem initiatives such as AggLayer, and enhancing value for users, applications, and POL token holders. This move marks a shift from a decentralized governance model based on co-founder consensus to a more centralized leadership under Nailwal.
$POL

VivoPower International PLC, a company listed on the Nasdaq, announced a strategic partnership with Flare Network to invest $100 million in XRP with the aim of achieving institutional yield. This is the first major step in VivoPower's new corporate strategy focused on creating an XRP-centric treasury system. The partnership utilizes Flare's FAssets system, which allows for the integration of XRP into decentralized finance (DeFi) protocols to generate income through tools such as Firelight. The income generated will be reinvested to increase the company’s XRP assets, creating a mechanism for continuous growth. VivoPower also plans to use the Ripple RLUSD stablecoin as its primary reserve, equivalent to cash, to ensure stability and regulatory compliance.
$XRP

FTX adds Payoneer as a new payout option for creditors, facilitating the global distribution of funds after repaying $7 billion in the first two rounds.
$FTT

DWF Labs proposed to reduce NEAR inflation

The head of the investment company DWF Labs, Andrey Grachev, reported that the company already owns 5 million NEAR tokens and additionally stakes another 6 million.

He urged the project team to reduce inflation to 2.5% in order to strengthen the long-term value of the token and contribute to the development of the ecosystem.

In case the initiative is approved, DWF Labs is ready to purchase another 10 million NEAR on the OTC market.
$NEAR $$HBAR

$STRD, the third preferred share of Strategy (formerly MicroStrategy), backed by Bitcoin, began trading on Nasdaq on June 11, 2025. This is a perpetual Series A (Stride) stock with a fixed dividend yield of 10% per annum, payable quarterly starting September 30, 2025, subject to board approval. The dividends are non-cumulative. Strategy placed 11,764,700 shares of STRD at $85, raising ~$979.7 million (net of fees). The funds will be used for purchasing Bitcoins and working capital. The liquidation value is $100 per share (may be adjusted). The company can buy back shares if their number falls below 25% of the issuance, or in case of tax events; holders can request a buyback in the event of fundamental changes. STRD follows $STRK (8% dividends) and $STRF (10% dividends), offering the highest yield but with greater risk. This underscores the company's strategy of using Bitcoin as a reserve asset.
$BTC $USDC

USA Donald Trump has repeatedly called on the Federal Reserve System (FRS) to lower the federal funds rate by one percentage point (100 basis points). For example, in early June 2025, he stated on the social network Truth Social that such a reduction could serve as "rocket fuel" for the US economy, reducing the cost of servicing the national debt, and accused FRS Chairman Jerome Powell of hesitating. Trump argued that inflation in the US at 2.3% in April 2025 allows for such a move, and compared the FRS's policy to that of the European Central Bank, which, according to him, has already carried out several rate cuts. However, the FRS maintains a cautious stance. As of May 2025, the federal funds rate remained in the range of 4.25–4.5%, and the regulator is in no hurry to further ease monetary policy due to concerns about inflationary pressure related to Trump's trade policy, including the tariffs he imposed. Analysts note that strong labor market data (for example, the creation of 139,000 jobs in May 2025) also reduces the likelihood of a sharp rate cut in the near future.
$TRUMP $USD1