Author: Oguz Ozdemir
Bitcoin Seller Exhaustion? On-chain Data Signals Transition Toward Late-Stage Capitulation
Although current loss realization levels are enough to confirm deep bear conditions, they have not reached the intensity required to establish a definitive bottom. Following a wave of selling pressure that pulled bitcoin (BTC) below $60,000 two weeks ago, analysts have highlighted on-chain data that signals possible seller exhaustion, which is further substantiated by a reprieve in macroeconomic conditions. According to analysts at crypto exchange Bitfinex, the market is witnessing a transition into late-stage capitulation rather than a broader distribution phase. This translates to constant selling pressure among previous buyers of BTC, like exchange-traded funds (ETFs) and treasury companies.…
America’s largest crypto exchange, Coinbase, is going international, offering tokenized stocks to global customers. Coinbase plans to launch tokenized stock trading in August for customers outside the US, according to an announcement on Tuesday. Tokenized stocks will be backed 1:1 by the underlying asset and will represent “true equity ownership,” it stated. This includes dividend payouts and complete shareholder rights, alongside the “programmatic utility of the onchain economy.” Pre-IPO Perps Surging The product merges traditional equities with crypto flexibility, as traders can access stock markets out of hours. Tokenized stocks can also be lent out for yields, posted as loan…
Crypto yield has always carried a credibility problem. The same market that learned to demand proof after incentive-heavy protocols unwound still tends to compress risk into a single APY. That tension sits at the center of Solstice’s pitch: whether stablecoin-native, delta-neutral strategies can become usable yield infrastructure without recreating the same opacity, reflexive incentives, and contagion risks that damaged DeFi in prior cycles.Solstice, as framed in this interview, sits at the intersection of staking, stablecoins, and yield infrastructure. The project says it built its business before launching SLX, pointing to a live strategy, onchain tokenization, operating revenue, and more than…
A new framework from asset manager VanEck is drawing clear lines between Bitcoin miners that are genuinely transforming into artificial intelligence infrastructure providers and those that are still selling a story. All of it comes with a sobering price tag: a roughly $50 billion near-term funding gap standing between the sector’s pipeline ambitions and actual delivery. In a research note, VanEck investment analyst Griffin MacMaster and Head of Digital Assets Research Matthew Sigel laid out what they describe as the first structured valuation approach for the increasingly blurry category of companies that straddle both Bitcoin mining and AI data center…
SkyBridge Capital founder Anthony Scaramucci and Galaxy Digital CEO Mike Novogratz said Bitcoin could reclaim $70,000 by the end of July 2026. Summary Scaramucci sees negative Bitcoin sentiment as fuel for a possible move back above $70K soon. Novogratz says CLARITY Act progress could support Bitcoin, but timing remains politically uncertain this summer. The SpaceX IPO and Strategy trades add pressure to an already cautious crypto market setup. They made the call on the latest All Things Markets episode, which centered on SpaceX, U.S. debt, inflation, crypto rules, and Strategy’s Bitcoin moves. Scaramucci said he expects Bitcoin to return to…
TL;DR Morpho raised $175 million in a new financing round. The round was co-led by Paradigm, a16z crypto, and Ribbit Capital. The raise strengthens the institutional funding narrative around DeFi lending infrastructure. We’ve just raised $175M in a round co-led by @paradigm, @a16zcrypto, and @RibbitCapital. And this is the largest raise in DeFi history.The current financial system is broken. Access to capital still depends on where you live, who you know, and which intermediaries are willing… https://t.co/5NI4lA0DmF — Merlin Egalite 🕛 (@MerlinEgalite) June 9, 2026 DeFi Lending Gets A Major Capital Injection Morpho has secured $175 million in fresh…
In brief The U.S. government ordered Anthropic to suspend access to its two most advanced AI models, Fable 5 and Mythos 5, citing a national security concern over a potential jailbreak vulnerability. Anthropic complied but disputed the finding, arguing the vulnerability is simple and already replicable using other publicly available models like GPT-5.5. The company warned the directive sets a dangerous precedent that, if applied industry-wide, could halt all new frontier AI model deployments. The U.S. government issued an emergency export control directive on Friday ordering Anthropic to immediately suspend access to its two most powerful artificial intelligence models—Claude Fable…
XRP (XRP) charts are painting multiple bearish patterns this month with a downside target under $1.Key takeaways:XRP is forming head-and-shoulders and bear flag setups on its shorter-time frame chart.An on-chain metric is further signaling weak demand or capitulation sentiment among traders.Head-and-shoulders setup hints at 10% XRP declineSince June 5, the XRP price has formed what appears to be a head-and-shoulders (H&S) pattern.The setup develops when the price forms three peaks atop a common neckline support, where the middle peak, called the “head,” is higher than the other two, the “shoulders.”An H&S pattern typically resolves when the price breaks decisively below…
Crypto traders have turned Elon Musk’s expected SpaceX listing into a round-the-clock proxy market, pushing more than $1 billion through SpaceX-linked perpetual futures in the last three days as investors try to front-run one of the largest public offerings in Wall Street history.The shift comes as retail investors face limited allocations in a heavily oversubscribed offering and look for other ways to gain exposure.It also arrives with a warning from market history as some of the most celebrated technology listings of the past decade opened to enormous demand, only to punish early buyers with steep first-year losses before settling into…
The U.K.’s financial regulator, the Financial Conduct Authority (FCA), proposed allowing certain retail investment funds to hold up to 10% of their assets in cryptocurrency exchange-traded notes (ETNs).The financial regulator made the suggestion for UCITS (“Undertakings for Collective Investment in Transferable Securities”) schemes and some non-UCITS retail schemes (NURS) to invest in crypto ETNs in its latest quarterly consultation paper.UCITS and NURS are similar to mutual funds in the U.S. in that they are regulated, open-ended structures that pool money from retail investors into managed portfolios.”Our proposed 10% limit for UCITS and NURS would also mitigate the risk of significant…