🇭🇰 Animoca Brands plans to form a joint venture with Standard Chartered Bank and HKT to prepare for the Hong Kong stablecoin. nbd

🤔 Andrei Grachev: I feel that we should create another company that will be focus only on issuing loans and mortgages against crypto collaterals.

🆕 #W and #AVAIL have been added to Binance Alpha Projects

🤑😱 Fear&Greed Index from #BTC and #ETH

📉🤔 CQ: New money is drying up in #BTC

Short-term holders now hold 4.5M BTC, down 0.8M since 27 May. Demand momentum sinks to –2M BTC, the worst on record.

📈 38 entities have raised their strategic #ETH reserve to $3 billion, holding a total of 1.19M ETH — nearly 1% of the total supply.

🆕 #STON from the STON․fi listed on KuCoin

🇺🇸🫂 #TRX Justin Sun and Bo Hines held a meeting

Discussed the role of TRON and blockchain in advancing US cryptocurrency leadership and the GENIUS bill.

👍 Blockdaemon announced the launch of their DeFi and Earn Stack service for Institutionalists. cointelegraph

🙅‍♂️ #JUP Jupiter DEX will suspend DAO votes until the end of 2025, referring to structural problems and intending to return with a more unified management model in 2026. coindesk

💰 Everything Blockchain plans $10 million strategic acquisition of #SOL, #XRP, #SUI, #TAO and #HYPE. globenewswire

👀 VanEck hints at #SOL-#ETF this summer

🕵️‍♂️ AguilaTrades reopened a #BTC long with a position of 3854 BTC ($408M) and has $3.2M in unrealized gains. His last 2 trades ended in losses totaling $15.4M.

📊 Friday expiration of ~$3.9 billion worth of options:
- Nominal value of #BTC options: $3.3 billion
- put/call ratio: 1.16
- max pain point: $106,000

- Nominal value of #ETH options: $546 million
- put/call ratio: 0.68
- max. pain point: $2,600.

💸 #BTC Sentora: Weekly Bitcoin fees rose to the largest value this year, fueled by regulatory clarity and high institutional demand.

📈🤔 #BTC CQ: Historically, Bitcoin has shown bullish tendencies following rate stabilization, especially when paired with signs of liquidation exhaustion and fading open interest.

🇺🇸👀 #macro Waller (Fed): The Fed could cut rates as soon as July.

🇳🇴⛏️ #BTC Norway to temporarily halt Bitcoin mining facilities using the most energy-intensive technologies, per Reuters. Digitalization Minister Karianne Tung says Bitcoin mining uses significant electricity with minimal local economic benefits.

🔝 Top Gas Consumers in the Last 7 Days

Meme coins consume a lot of gas. Despite the recent wave of account blocking and uncertainty, meme trading dApps remain the top gas consumers, highlighting their strong and active user base.

Still, Tether is miles ahead of other protocols with an incredible $74M in gas used. #memecoin

📊👀 #BTC CQ: In 2024–2025, deep open interest drawdowns –20–25% were accompanied by local BTC price corrections in the range of 7–21%.
Currently, the OI change is –3.5%, which indicates a moderate outflow of positions. In case of a repeated OI decline to levels of –20%, a Bitcoin correction of 5–15% can be expected.