Crypto World
MemeCore (M) Rebounds 150% After $10 Million Buyback
MemeCore (M) rebounds nearly 150% this week and trades at $1.66 after its treasury announced a buyback worth more than $10 million.
The token collapsed 76% on June 25 and briefly traded near $0.50. Weekly and daily charts now show the recovery pressing into resistance zones that could decide the next major move.
A $10 Million Buyback Answers the 76% Crash
MemeCore’s M token fell from $2.66 to an intraday low of $0.50 on June 25, a crash that pushed its market cap from around $3.5 billion to $903 million. The selloff arrived without any confirmed catalyst.
Onchain investigator ZachXBT connected the collapse to structural weaknesses he had flagged months earlier. He cited less than $100,000 in onchain liquidity on BNB Chain against a market cap still near $900 million.
“Myself, Mlm, & Wazz previously highlighted a number of red flags on X about MemeCore with inorganic supply concentration and deceptive practices by its team to boost user numbers,” he said on Telegram.
Meanwhile, trader Ash Crypto estimated that the selloff liquidated around $8 million in long positions. MemeCore responded days later with a treasury buyback worth more than $10 million, as trader rapperr111 noted on X.
The team stated that an internal investigation found no protocol or infrastructure issues. It also denied any selling by the team or foundation and attributed the crash to a single large market sell order. This explanation has not been independently verified.
The announcement coincided with the start of the recovery. M has since climbed back to rank 40 by market cap after falling to 72 during the crash.
MemeCore Rebound Holds the Key Weekly Support Zone
The weekly chart shows the crash candle wicking down to $0.53 before buyers stepped in. Notably, the selloff stopped almost exactly at the support zone between roughly $0.60 and $0.85.
This area acted as resistance from July to August 2025, before the token began its long rally toward the all-time high. Historically, such flipped zones often generate strong demand, and the current bounce fits that pattern.
However, the breakdown also destroyed the long-term ascending trendline that had guided M since mid-2025. That trendline now converges with the horizontal supply zone near $1.80, directly above the current price.
The weekly RSI stands at 45, reset from readings above 80 near the April peak. Therefore, a reclaim of $1.80 could open the path toward the next supply zone between $2.80 and $3.00. In contrast, rejection at $1.80 would signal downtrend continuation toward the $0.60 to $0.85 area.
M Price Prediction as the $2.10 Fib Caps the Bounce
The daily chart confirms the June 25 breakdown, which cut through the 0.5 Fibonacci retracement at $2.63 on record volume. The decline extended for several sessions and bottomed near $0.41.
Since then, buyers have reclaimed the 0.236 Fib at $1.46. M trades at $1.66 at press time, up 54% in 24 hours, according to BeInCrypto Markets data.
The next target is the 0.382 Fib level at $2.10, which is around 27% above the current price. A breakout there would expose the 0.5 Fib at $2.63, which coincides with the descending trendline drawn from the April 24 all-time high of $4.85. This confluence makes $2.63 the decisive barrier for the entire recovery.
Momentum supports the bulls for now. The daily RSI has recovered to 43 after printing oversold readings near 20 during the crash. A previous analysis showed M respecting the same Fibonacci structure in May, before the trend reversed.
On the downside, a break of the 0.236 Fib at $1.46 would invalidate the bullish setup and expose the $0.85 to $0.60 support again. Whether the buyback marks a durable bottom or only a pause in the downtrend now depends on the $2.10 test.
The post MemeCore (M) Rebounds 150% After $10 Million Buyback appeared first on BeInCrypto.
Crypto World
Why Bitwise’s Matt Hougan Thinks Strategy’s Bitcoin Era Is Fading
Michael Saylor’s Strategy has long served as the dominant corporate force behind Bitcoin buying, but that may be changing.
Bitwise Chief Investment Officer Matt Hougan believes that the company will play a much smaller role in driving the crypto asset’s demand in the next market cycle.
Next Wave of BTC Buyers
In his latest market analysis, Hougan said that Strategy’s role in the Bitcoin market has changed after the company adopted a new framework for STRC, which allows it to periodically sell the crypto to fund dividend obligations. While Hougan acknowledged that he does not expect Strategy to become a major BTC seller, he did say that the company could now buy or sell the crypto depending on market conditions rather than acting as a constant source of demand.
He added that there is no mechanism forcing Strategy to sell more than a few billion dollars’ worth of Bitcoin annually, and if the crypto asset’s prices recover, the exec still expects the company to remain a net buyer. Even so, Hougan said Strategy is unlikely to carry the same market influence it did during the previous cycle.
Instead, he expects institutional investors to emerge as the dominant force behind Bitcoin accumulation. Looking at BTC’s history, Hougan said market leadership has repeatedly shifted between different groups of buyers, moving from cypherpunks to Asian investors, then US retail participants, followed by the Grayscale Investments Bitcoin Trust and later Strategy.
The Bitwise CIO now believes the next phase will be led by institutions with significantly larger pools of capital. These include global banks, asset managers, pension funds, endowments, sovereign wealth funds, and financial advisers. According to him, this transition is already underway.
For instance, Morgan Stanley has launched proprietary Bitcoin ETFs, while Wells Fargo has started adding BTC exposure to model portfolios. He also highlighted that Texas became the first US state to fund a strategic BTC reserve, while several sovereign wealth funds and sovereign banks either already hold the crypto asset or have begun evaluating allocations.
Despite Bitcoin ETF outflows during 2026, Hougan noted that the products have attracted more than $50 billion since launching in 2024 and are now available on most major financial adviser platforms.
Strategy Slowdown May Benefit Bitcoin
A slowdown in Strategy’s Bitcoin purchases would not necessarily be bearish for the market, according to HashKey Group’s Senior Researcher Tim Sun. Speaking to CryptoPotato, Sun said that if the company is forced to slow or pause its accumulation, it would help unwind the distortion in supply and demand created by its financing-driven buying model.
Rather than relying heavily on Strategy’s purchases and ETF inflows, Bitcoin would have an opportunity to establish a stronger price floor based on genuine market demand, resulting in what Sun views as a healthier market structure.
The post Why Bitwise’s Matt Hougan Thinks Strategy’s Bitcoin Era Is Fading appeared first on CryptoPotato.
Crypto World
Aave V3 Protocol Deploys on Monad with GHO Stablecoin Integration
Key Highlights
- Aave V3 protocol deploys comprehensive lending infrastructure on Monad Network supporting a dozen digital assets.
- Native GHO stablecoin becomes available on Monad for enhanced borrowing capabilities and liquidity provision.
- $15 million liquidity incentive program launched by Monad Foundation for first-year ecosystem growth.
- Chainlink Smart Value Recapture technology integrated to redirect liquidation proceeds to protocol treasury.
- Strategic deployment positions Monad as emerging DeFi hub with plans for tokenized asset integration.
The decentralized finance landscape has expanded as Aave deployed its V3 lending protocol on the Monad Layer 1 blockchain. This integration delivers comprehensive lending and borrowing capabilities through a dozen supported digital assets while introducing GHO stablecoin functionality to the network. The deployment incorporates Chainlink’s Smart Value Recapture mechanism from the outset.
Comprehensive Lending Platform Arrives on Monad
The Aave V3 deployment on Monad includes support for USDT0, USDC, GHO, USDe, mUSD, AUSD, WETH, and cbBTC at the initial launch phase. Additional assets including wstETH, weETH, syrupUSDC and sUSDe round out the initial offering. This diverse selection provides network participants with extensive options for borrowing activities, yield generation, and collateral deployment immediately upon launch.
This strategic expansion broadens Aave’s presence across multiple blockchain ecosystems while simultaneously reinforcing Monad’s nascent decentralized finance infrastructure. Development teams gain immediate access to battle-tested lending mechanisms. Monad’s compatibility with Ethereum development standards enables seamless deployment of Solidity-based smart contracts with minimal modifications required.
Aave‘s implementation includes Chainlink Smart Value Recapture functionality activated at launch. This innovative feature channels a portion of liquidation-derived value directly back to protocol reserves. Consequently, the deployment delivers both enhanced liquidity infrastructure and sophisticated protocol revenue mechanisms.
Strategic Incentive Program Targets Early Adoption
Monad Foundation has pledged $15 million in incentive allocations during the inaugural year following Aave’s deployment. Additionally, the foundation committed to purchasing and maintaining 10 million GHO tokens for a minimum six-month duration. Aave DAO supplemented this initiative with an additional 500,000 GHO allocation designated for user engagement.
These financial commitments target initial liquidity establishment and stimulate borrowing demand during the critical early phase. Nevertheless, long-term platform viability depends on organic activity levels once incentive programs diminish. Monad requires genuine market participation beyond superficial total value locked metrics.
The Monad mainnet and MON token officially launched on November 24, 2025. By early June, network statistics indicated approximately $359.5 million in aggregate value locked across protocols. LlamaRisk provided assessment support for the Aave deployment while advocating conservative initial parameter settings given Monad’s limited operational track record.
Stablecoin Expansion Aligns with Tokenized Asset Momentum
GHO’s integration on Monad represents another milestone in Aave’s native stablecoin distribution strategy across diverse blockchain networks. The digital currency previously expanded operations to Base and Arbitrum networks following its 2023 introduction. Within the Monad ecosystem, GHO facilitates borrowing mechanisms, liquidity provision, and broader stablecoin utility throughout Aave markets.
This deployment coincides with accelerating interest in tokenized real-world assets within decentralized finance protocols. Centrifuge previously announced intentions to introduce tokenized Treasury securities, private credit instruments, and AAA-rated collateralized loan obligations to Monad. These asset categories could underpin sophisticated lending markets and collateral frameworks as the ecosystem matures.
Standard Chartered projects substantial expansion in decentralized finance asset valuations approaching 2030. The financial institution identified tokenized real-world assets and crypto-native demand as primary growth catalysts. Aave’s presence on Monad establishes a proven infrastructure foundation for anticipated future lending activity.
Crypto World
Michael Saylor highlights MSTR signal that dwarfs Big Tech rivals
Michael Saylor has highlighted that Strategy’s open interest-to-market-cap ratio has climbed to nearly 72%, far exceeding the levels seen across the largest U.S. technology stocks as MSTR rebounds above $100 alongside Bitcoin’s recovery.
Summary
- Michael Saylor says MSTR’s open interest-to-market-cap ratio has reached nearly 72%, far ahead of major U.S. tech stocks.
- MSTR rebounded above $100 as Bitcoin climbed past $62,000, lifting other crypto-related stocks.
- Bitwise and Wall Street remain positive on Bitcoin despite recent Strategy price target cuts from Canaccord and TD Cowen.
According to a July 2 X post by Strategy co-founder Michael Saylor, MSTR currently carries an open interest-to-market-cap ratio of almost 72%, making it the highest among the companies he compared.
Tesla ranked a distant second at 16%, followed by Meta at 11%, Microsoft at 6.1%, Nvidia at 5.8%, Amazon at 4.4%, Alphabet at 4.2%, and Apple at 3.2%. The comparison comes as investors increase activity around the Bitcoin-focused stock after its recent rebound.
Heavy derivatives positioning has outpaced Big Tech peers
Open interest measures the total number of outstanding derivatives contracts tied to a stock. A high open interest-to-market-cap ratio points to unusually large positioning relative to the company’s size, although the metric alone does not indicate whether traders are betting on gains or losses because it includes both long and short positions.
Recent price action has coincided with the elevated derivatives activity. Yahoo Finance data showed MSTR rising to an intraday high of about $104 after reclaiming the psychologically important $100 level. The stock gained more than 10% during the session and has climbed over 23% from its recent low near $82 over the past five trading days. Even after the rebound, however, MSTR remains down more than 37% over the last six months.

The recovery in Strategy shares came as Bitcoin briefly traded above $62,000 after weaker-than-expected U.S. jobs data improved sentiment across risk assets. Other crypto-linked equities, including Coinbase, Robinhood, Marathon Digital, the iShares Bitcoin Trust, and Hut 8, also recorded notable gains during the session.
Wall Street still sees Bitcoin strength despite lower Strategy targets
Bitwise Chief Investment Officer Matt Hougan pointed to Strategy’s valuation as one of the indicators worth monitoring as investors search for signs that Bitcoin may be approaching a market bottom.
In his latest memo, Hougan wrote that MSTR trading at a discount to its net asset value would be one of the few signals to watch while also discussing Strategy’s recently introduced digital credit framework, under which the company could sell up to $1.25 billion worth of Bitcoin.
Hougan argued that institutional investors are likely to overtake Strategy as the largest buyers of Bitcoin over time. At the same time, he maintained that the company is unlikely to become a forced seller because, in his view, no mechanism currently exists that would require it to liquidate large portions of its Bitcoin holdings.
Commenting on the current weakness in Strategy’s securities, Hougan described the decline in MSTR and STRC as part of Bitcoin’s cyclical process rather than an isolated event.
“This is a painful but necessary part of the current crypto market cycle, as it is with all cycles.”
Wall Street analysts have nevertheless become more cautious on Strategy’s stock valuation. As previously reported by crypto.news, Canaccord lowered its price target on the company to $130 from $163, attributing the revision to Strategy’s prolonged share price decline rather than any change in its long-term Bitcoin outlook. The brokerage said its investment thesis for Bitcoin remains intact despite the lower target.
The Canaccord revision followed another recent adjustment by TD Cowen, which cut its Strategy price target to $260 from $400 while maintaining its Buy rating, indicating that although valuation expectations have been reduced, some analysts continue to back the company’s long-term exposure to Bitcoin.
Crypto World
BlackRock-backed Securitize puts its own shares onchain at debut
BlackRock-backed Securitize has become the first newly public company to tokenize its own common stock on the same day it began trading on the New York Stock Exchange.
Summary
- Securitize has tokenized its own NYSE-listed common stock on Solana and Avalanche on its first trading day.
- The company said tokenized SECZ represents the same common shares, not a separate class of stock.
- The listing follows a $400 million SPAC deal as Securitize expands its tokenized real-world asset business.
According to Securitize, the company has launched tokenized versions of its NYSE-listed common stock under the ticker SECZ on the Solana and Avalanche blockchains. Eligible U.S. investors can access the tokenized shares through the firm’s regulated platform, while the stock itself trades publicly on the NYSE following the completion of its business combination with Cantor Equity Partners II.
The company stated that shareholder participation has already made tokenized SECZ the largest tokenized stock globally. It added that bringing its own equity onchain from the first day of public trading demonstrates the regulated infrastructure it has spent years building for tokenized securities.
Tokenized SECZ represents the same NYSE-listed shares
According to Securitize, the blockchain-based SECZ tokens represent the same common stock that trades on the New York Stock Exchange rather than a separate class of shares. The company explained that tokenization changes only the ownership format, while shareholders remain subject to the same legal, contractual, and transfer restrictions that apply to the underlying stock.
Securitize also said it expects to establish an onchain shareholder base from the first day of trading, with additional functionality and market infrastructure expected to develop as regulated tokenized securities continue to mature.
The listing follows shareholder approval of Securitize’s merger with Cantor Equity Partners II. As previously reported by crypto.news, fewer than 30% of the special purpose acquisition company’s shareholders redeemed their shares, leaving more than 71% of the trust intact before the transaction closed.
Last week, Securitize said the deal is expected to generate about $400 million in gross proceeds, including proceeds from related private investment in public equity financing and excluding transaction costs. Crypto.news previously reported that the financing included an oversubscribed $225 million private investment round.
Shares of SECZ climbed by more than 10% during their first trading session, reaching above $12, according to Yahoo Finance. The gains came as Bitcoin rebounded to around $62,000, lifting several publicly traded crypto-related companies alongside the wider digital asset market.

Expansion continues beyond tokenized money market funds
Securitize’s latest move comes as the company continues expanding its tokenized asset offerings beyond money market funds. As previously reported by crypto.news, Ethena Labs plans to allocate $250 million to Securitize’s tokenized AAA-rated collateralized loan obligation fund after the product expanded to Solana.
According to crypto.news, the fund invests in U.S. dollar-denominated AAA-rated collateralized loan obligation tranches, with BNY serving as custodian of the underlying assets and acting as sub-adviser through BNY Investments.
The company has consistently stated that traditional financial assets will increasingly move onto blockchain networks through regulated, issuer-sponsored platforms. By placing its own publicly traded shares onchain at listing, Securitize is applying that approach to its own equity instead of limiting tokenization to third-party assets.
Interest in tokenized traditional financial products has also continued to grow across the asset management industry. As previously reported by crypto.news, firms including BlackRock and Franklin Templeton have expanded their presence in tokenized money market funds, adding momentum to the use of blockchain infrastructure for regulated financial products.
Crypto World
Securitize Tokenizes Secz Stock On Nyse Debut As Shares Jump 10%
Securitize entered the public market with an onchain push that ties its NYSE debut to tokenized equity. The BlackRock-backed platform tokenized its common stock, SECZ, on Solana and Avalanche as trading began. The move also came as crypto-linked stocks rallied, while Bitcoin recovered to the $62,000 level.
Securitize Brings SECZ Shares Onchain
Securitize launched its tokenized common stock on the same day it listed on the New York Stock Exchange. The company trades under the ticker SECZ after completing its merger process with Cantor Equity Partners II. Therefore, the listing gives the tokenization firm a public-market platform and an onchain equity structure together.
The company made tokenized SECZ available to eligible U.S. users through its regulated platform. It selected Solana and Avalanche for the initial rollout, giving the stock exposure across two major blockchain networks. However, the company said the tokenized version represents the same common stock listed on the NYSE.
Securitize has long built its business around regulated tokenized assets and issuer-led market infrastructure. The company has supported tokenized funds and real-world asset products across public blockchains. As a result, its own stock tokenization marks a direct test of the model it promotes.
Tokenized Stock Keeps The Same Share Rights
Securitize said the tokenized SECZ does not create a separate share class or change the underlying stock. Instead, tokenization changes the form of ownership while the traditional share remains the same. Therefore, legal limits, transfer rules, and contractual restrictions still apply to the equity.
The company expects the launch to create an onchain shareholder base from its first day as a public firm. It also expects future market tools and utility to develop around the tokenized shares. However, the current rollout focuses on regulated access and direct representation of listed common stock.
The launch adds fresh context to the wider tokenization market, which has gained stronger institutional interest. Asset managers and blockchain firms have moved more bonds, funds, and securities onto digital rails. Consequently, Securitize’s public listing places tokenized equity closer to mainstream market infrastructure.
SECZ Stock Rises As Crypto Market Rebounds
SECZ gained more than 10% during its first trading session, according to TradingView data cited in the report. The stock traded near $12 as broader crypto-linked equities also advanced. Meanwhile, Bitcoin’s rebound to around $62,000 helped improve sentiment across the digital asset sector.
The rally followed a stronger session for several companies connected to crypto markets and blockchain infrastructure. Securitize benefited from its public debut and its tokenization announcement on the same day. Moreover, the BlackRock connection added further attention to the company’s market entrance.
The debut also arrived after Cantor Equity Partners II shareholders approved the merger that allowed the listing. That approval cleared the path for Securitize to enter public markets through the transaction. Now, the company has positioned SECZ as both an NYSE-listed stock and a regulated onchain equity product.
Crypto World
Metaplanet Buys 2,823 BTC, Surpasses 43,000 in Bitcoin Holdings
Japanese investment company Metaplanet acquired 2,823 Bitcoin during the second quarter at a price below its average purchase price, as its holdings surpassed 43,000 BTC.
The company acquired its latest trove at an average price of about 12.71 million yen ($78,850 at current exchange rates), reducing its average acquisition cost to about $95,117 per BTC from $96,258, according to a Thursday announcement.
Metaplanet now holds 43,000 Bitcoin acquired for about $4.1 billion. It also reported about $10.95 million in revenue from its Bitcoin income generation strategy in the quarter, which earns premiums by selling cash-secured options and employing other Bitcoin-related yield strategies.
The purchase extends Metaplanet’s aggressive accumulation strategy, which has made the company one of the world’s largest corporate Bitcoin holders. The acquisition comes days after Michael Saylor’s Strategy, the world’s largest corporate Bitcoin holder, skipped its usual weekly Bitcoin purchase while unveiling a new capital framework designed to support dividends and expand its cash reserves.

Metaplanet Notice of Additional Bitcoin Purchase. Source: Metaplanet
Metaplanet shares closed 3.5% higher on Thursday but remain down 48% year-to-date, underperforming Bitcoin, which has fallen 31% over the same period.
K Wave latest company to exit Bitcoin treasury strategy
While companies such as Metaplanet continue buying more Bitcoin, a handful of treasury companies are scaling back their exposure.
Nasdaq-listed South Korean company K Wave Media sold its remaining 88 BTC to repay $6 million in debt, exiting the Bitcoin treasury strategy, according to a Tuesday filing with the US Securities and Exchange Commission.

K Wave Media, FORM F-3 filing. Source: SEC.gov
The move marked a sharp reversal as the company previously announced plans to expand its holdings to 10,000 BTC after securing $1 billion in capital capacity to drive its Bitcoin treasury strategy in July 2025.
Related: Swan’s Cory Klippsten sees record Bitcoin holder supply revealing early bottom
On May 28, France-based semiconductor company Sequans Communications said it would monetize its remaining Bitcoin holdings over time. The company held 658 BTC at the time, and its shares rose about 14.5% following the announcement.
Magazine: Bitcoin, the ‘canary in the coal mine,’ XRP transaction demand falls 91.5%: Market Moves
Crypto World
Bitcoin Holds Weekly Gains After US Jobs Data, AI Sector Weakness
Key takeaways:
- Soft US jobs market data triggered a rotation of capital from overheated AI stocks into Bitcoin and gold.
- Bitcoin onchain indicators hint at seller exhaustion while the decline in oil prices opens room for monetary expansion.
Bitcoin reclaimed the $61,000 mark following a disappointing US job market report. Traders grew less certain of a near-term interest rate hike from the US Federal Reserve (Fed) given the worsening labor data. The tech-heavy Nasdaq index sold off, fueling hopes of a capital rotation favoring Bitcoin.

Nasdaq 100 Index futures (blue) vs. Bitcoin/USD (orange). Source: TradingView
The Nasdaq 100 Index erased gains from the three prior days, while Bitcoin distanced itself from Wednesday’s $57,750 low. US non-farm payrolls increased by only 57,000 in June, missing the 113,000 expected, according to Yahoo Finance. The US Labor Department also revised data for April and May downward by 74,000 jobs.
Gold prices reacted positively on Thursday, hinting at potential bullish momentum for scarce assets. The weak economic data prompted investors to cut odds of Federal Reserve interest rate hikes by September to 54% from 64% the prior day, according to the CME FedWatch Tool. Meanwhile, crude WTI oil prices stabilized below $70, opening the door for possible economic stimulus measures

Gold/USD (red) vs. Crude WTI oil (teal). Source: TradingView
Oil prices dropped after the Qatar Foreign Ministry cited “positive progress” in the latest round of discussions between US and Iranian representatives on Wednesday. Gold recovered some of the 8% losses accumulated over the prior two weeks, a possible sign that investors anticipate a less tight monetary policy and further FED balance sheet expansion.

US Federal Reserve total assets, USD millions. Source: FED St Louis
The Federal Reserve balance sheet stagnated at $6.73 trillion, although its mandate allows for $40 billion monthly purchases in short-term Treasuries and bonds. Weak job market data and reduced inflationary pressure are widely seen as catalysts for accelerated liquidity injection, creating incentives to invest in scarce assets, including gold and Bitcoin.
Overheated AI stocks clash with Bitcoin flashing a bottom
Weakness in the AI sector, especially among chipmakers, has led traders to anticipate capital shifting toward alternative assets. Shares of SanDisk, Seagate, Western Digital, and Applied Materials saw intraday losses of 9% or higher on Thursday. In contrast, Bitcoin is showing signs of seller exhaustion two months after rejection at $82,500.
Related: Bitcoin tops $60K amid Fed inflation talks–Is bull trap or $65K next?

Source: X/gaah_im
Onchain analyst and CryptoQuant author gaah_im said that Bitcoin’s realized profit-to-loss ratio has hit its lowest level since 2022. The net percentage of supply in profit relative to the total supply has turned negative, which historically has marked cycle bottoms with “extreme precision,” according to the analyst. In essence, onchain data hints at further Bitcoin upside.
Part of Bitcoin’s recent weakness stems from traders’ disappointment with Strategy. Despite a healthy 8% net leverage and $56.8 billion in enterprise value, holders faced dilution from accelerated MSTR share issuance used to buy back some debt and cover dividends on preferred stocks.
If weakness in the AI sector accelerates, some of that money will likely rotate into gold and Bitcoin, making a near-term recovery to $70,000 possible.
Crypto World
Anchorage Digital unlocks Lido staking without leaving custody
Anchorage Digital has integrated Lido into its institutional platform, allowing clients to access wrapped staked Ether (wstETH) while keeping assets inside its regulated custody environment.
Summary
- Anchorage Digital has integrated Lido, letting institutions mint and burn wstETH without leaving regulated custody.
- Clients can access Ethereum staking rewards while keeping custody, governance, reporting, and settlement on one platform.
- Lido says rising institutional demand and its audited staking infrastructure are driving adoption of custody-based staking.
According to a July 2 announcement from Anchorage Digital, institutional clients can now connect directly to the Lido application to mint and burn wstETH without transferring assets outside the firm’s custody platform.
The integration lets investors earn Ethereum staking exposure while continuing to use the custody, governance, reporting, and settlement processes they already rely on.
Institutions can stake Ethereum without moving assets
The newly added service centers on wstETH, a liquid staking token that represents staked Ether while remaining transferable. Instead of distributing staking rewards directly, the token’s value increases relative to stETH over time, allowing institutions to retain liquidity alongside staking exposure.
Commenting on the launch, Anchorage Digital co-founder and CEO Nathan McCauley said liquid staking has become one of Ethereum’s most important components for institutional participation.
“By integrating with Lido, we’re giving institutions access to wstETH without the operational or security tradeoffs that have historically kept large allocators on the sidelines.”
Anchorage Digital, which operates the first federally chartered crypto bank in the United States, said clients can now complete staking-related activity without moving assets across multiple providers. The company said keeping custody, staking, governance, and settlement within one regulated platform simplifies institutional operations.
Earlier this week, as reported by crypto.news, Anchorage Digital also expanded its institutional infrastructure through a partnership with Binance. The agreement allows eligible institutional clients to trade on Binance while keeping assets in segregated custody through Anchorage’s Atlas platform. Binance said the arrangement separates custody from trade execution, mirroring practices commonly used in traditional financial markets.
Lido highlights security and institutional demand
Interest from institutional investors has continued to grow as staking infrastructure and regulation have matured, according to Kean Gilbert, head of institutional relations at the Lido Ecosystem Foundation.
Gilbert told Crypto Briefing that asset managers, liquid funds, and Ether treasury holders have increasingly sought custody-based access to staking because it reduces operational complexity and compliance concerns while fitting existing institutional workflows.
The first phase of the integration focuses on minting and burning wstETH inside Anchorage Digital. Institutions can convert ETH into wstETH and redeem it back through the platform, while the token remains transferable for collateral use or deployment into other investment strategies.
Unlike conventional staking positions that often require investors to wait before withdrawing funds, wstETH can be transferred without first exiting the underlying staking position. According to Lido, this gives institutions additional flexibility while preserving exposure to Ethereum staking rewards.
Gilbert also pointed to Lido’s security record as institutional adoption continues to expand. He said the protocol has spent more than $4 million on smart contract audits, received an A+ security rating from independent firms including Credora, and has operated since 2020 without a smart contract exploit.
He added that Lido distributes staked Ether across more than 900 node operators, with no individual operator controlling more than 1% of the network, reducing reliance on any single participant.
Looking ahead, Gilbert said that institutional adoption will depend on whether staking products fit existing operational requirements. He said making wstETH available through Anchorage Digital brings the token onto a major U.S. institutional platform and strengthens the role of Lido’s staking infrastructure for professional Ethereum investors.
Crypto World
Bitcoin Breaks Above $62K as Weak US Jobs Data Boosts Risk Appetite
Bitcoin pushed through the $62,000 level at the start of Thursday’s Wall Street session, gaining as traders digested softer-than-expected US employment data. The move came alongside renewed optimism that inflation pressures may continue to cool—an outlook that typically supports risk assets, including crypto.
According to TradingView data cited in the market coverage, BTC/USD rose to a new July high of $62,137 on Bitstamp, up nearly 4% on the day. While the rally remains sensitive to macro headlines, crypto traders also pointed to a visible short squeeze beginning for “green July.”
Key takeaways
- US June nonfarm payrolls came in well below expectations, with 57,000 jobs added versus 114,000 forecast, helping lift Bitcoin.
- BLS data showed the unemployment rate held at 4.2% and the number of unemployed people was largely unchanged at 7.1 million.
- Traders highlighted an unwind of short positions, with CoinGlass reporting nearly $450 million in crypto short liquidations over 24 hours at the time of writing.
- Some analysts framed the move as buyers returning via exchange order-book dynamics, even as they caution the broader trend may still be choppy.
US jobs data shifts the macro tone for crypto
The immediate catalyst was the Bureau of Labor Statistics (BLS) nonfarm payrolls release for June. The report indicated that the US economy added far fewer jobs than expected—57,000 compared with the 114,000 consensus forecast.
The BLS also said the unemployment rate remained at 4.2% and the number of unemployed people changed little, staying around 7.1 million. In market terms, the combination of weaker job growth without a sharp deterioration in unemployment can be read as less immediate pressure on inflation—at least in the short run.
That interpretation is important for Bitcoin because expectations around Federal Reserve policy often drive rates-sensitive flows. A softer labor print can revive speculation that financial conditions may ease, benefiting assets that trade like a high-beta alternative to traditional markets.
Still, the data also carried a reminder that the labor narrative remains unstable. One trading-focused commentary, the Kobeissi Letter, noted that May’s jobs figure was revised down by 43,000 jobs, suggesting the picture is still being recalibrated in official statistics.
“The labor market remains in a volatile situation.”
Analysts see “signals” for markets, but watch $65,000
As Bitcoin and broader altcoins moved higher, at least one widely followed trader argued that the macro setup is improving. Crypto analyst Michaël van de Poppe pointed to falling inflation expectations alongside the job-market trend, adding that unemployment is at its lowest level in close to a year.
In an X post, he said these are “strong, public signals about the direction of the markets,” while also setting a technical condition for his outlook. He stated that he does not expect another drop in Bitcoin “if Bitcoin can clearly break through $65,000 from here.”
“I don’t think we’ll see another drop on Bitcoin if Bitcoin can clearly break through $65,000 from here.”
For traders, that framing matters because it ties the macro tailwind to a specific market level. If price fails to clear resistance, the relief rally can fade quickly—even when macro data is supportive.
Short liquidations and exchange order books fuel the rally
Alongside macro drivers, crypto-specific positioning appeared to worsen for short sellers. CoinGlass data—referenced in the coverage—showed nearly $450 million in 24-hour crypto short liquidations at the time of writing.
Liquidations are often a catalyst for sharp intraday swings: when leveraged short positions are forced out as price rises, buying pressure can accelerate through automated and discretionary rebalancing. While liquidations do not guarantee a sustained trend, they can help explain why Bitcoin climbed quickly through key psychological levels during the session.
Market participants also cited order-book dynamics on major venues. Commentator Exitpump said “price drilling through large asks on Binance perps orderbook is actually sign of strength,” arguing that “chasing bids” were supporting aggressive buyers as BTC moved higher.
“Buyers are back and strong.”
This kind of exchange liquidity reading is closely watched by day traders because it can reveal whether buy pressure is broad and persistent or simply the result of a short-lived burst of market orders.
Rekt Capital’s “green July” view: relief rally possible, but trend risk remains
Beyond the immediate squeeze, longer-cycle chart commentary continued to shape how investors interpret the rally. Trader and analyst Rekt Capital echoed the “green July” idea, referencing a view that Bitcoin may experience a relief move before bearish momentum resumes later.
The prior market framing cited in the coverage suggested a pattern where relief rallies occur in summer months, followed by a return of downtrend pressure into August. In additional commentary, Rekt Capital highlighted that Bitcoin could face headwinds once it flips key moving averages into resistance—specifically pointing to the 50-month exponential moving average (EMA) after a relief advance.
“And once Bitcoin turns the 50 EMA into new resistance on this relief rally, it will likely enter additional Bearish Acceleration over time,”
For investors, the practical takeaway is that the rally’s durability may hinge on whether buyers can keep pushing without triggering the reversal that longer-term chart followers expect. In other words, the macro surprise may be acting as the spark, but the technical path will determine whether it becomes a sustained trend or a tactical bounce.
As July begins, traders will likely keep watching both sides of the equation: further labor and inflation signals that can move expectations for Fed policy, and BTC’s ability to hold above resistance areas such as the $65,000 level referenced by van de Poppe. The combination of ongoing liquidation dynamics and moving-average behavior could decide whether this “green July” starts as a short squeeze—or develops into something more enduring.
Crypto World
TradingView unlocks Hyperliquid markets with round-the-clock data
TradingView has expanded its market coverage by adding real-time data for Hyperliquid and Trade[XYZ], giving users access to onchain perpetual and spot markets directly through its charting platform.
Summary
- TradingView has added real-time Hyperliquid and Trade[XYZ] market data to its charting platform.
- Users can now track crypto, equities, commodities, forex, and pre-IPO perpetual markets around the clock.
- The integration comes days after Singapore’s MAS placed Hyperliquid on its Investor Alert List.
According to TradingView, the new integration brings live pricing for Hyperliquid’s crypto perpetual and spot markets alongside Trade[XYZ] markets covering equities, commodities, foreign exchange, and pre-IPO companies.
The data is available through TradingView’s Supercharts, allowing traders to follow price movements throughout the day, including when traditional financial markets are closed.
The addition extends the range of assets available on TradingView without requiring users to leave the platform for onchain market data. Hyperliquid markets appear under the HYPERLIQUID symbol prefix, while Trade[XYZ] listings can be accessed using the HIP3XYZ prefix through the platform’s symbol search.
Hyperliquid expands beyond its core exchange
Built on its own layer-1 blockchain, Hyperliquid operates an onchain perpetual futures exchange that currently supports more than 300 perpetual and spot markets across cryptocurrencies, commodities, and indices.
The ecosystem has also grown through HIP-3, a protocol upgrade that allows third-party developers to launch perpetual markets using Hyperliquid’s infrastructure. Under that framework, Trade[XYZ] has become the first major deployment, offering perpetual markets tied to multiple asset classes, including cryptocurrencies, equities, as well as crypto spot trading.
By adding both Hyperliquid and Trade[XYZ] feeds, TradingView has made those markets available alongside its existing charting tools, enabling traders to monitor perpetual contracts and spot assets from a single interface.
Regulatory attention has continued alongside platform growth
The TradingView integration comes days after the Monetary Authority of Singapore added Hyperliquid to its Investor Alert List, as previously reported by crypto.news.
According to the regulator, the listing covers both the Hyper Foundation website and the Hyperliquid trading application. MAS said the Investor Alert List is intended as a consumer protection measure identifying entities that could be mistakenly viewed as licensed or regulated by the authority. The regulator also stated that inclusion on the list does not constitute a ban or an enforcement action.
Following the listing, Hyperliquid said it had never claimed to be licensed or authorized by MAS.
Despite the regulatory attention, the decentralized exchange has remained one of the largest trading platforms in the sector. According to CoinGecko, Hyperliquid ranks as the sixth-largest decentralized exchange by trading volume. Separately, DefiLlama estimates that the protocol currently secures about $5.76 billion in total value locked.
The latest TradingView integration gives market participants another way to follow activity across Hyperliquid’s expanding ecosystem, combining live data from crypto perpetuals, spot assets, and Trade[XYZ]’s cross-asset markets within a single charting environment.
-
Fashion6 days agoWeekend Open Thread: Staud – Corporette.com
-
Politics7 days agoThe House | Manchesterism won’t survive the painful trade-offs unless it gets citizens on board
-
Crypto World3 days agoStrategy authorizes up to $1.25B in Bitcoin sales under new capital plan
-
Politics7 days agoPotential 2028er World Cup attendee leaderboard
-
Business7 days agoAsia stock markets slide as tech shares slump
-
News Videos4 days agoMAJOR BITCOIN & MARKET UPDATE!!!! (MUST WATCH ASAP!!!)
-
Crypto World5 days agoCoinbase, Circle Deepen Crypto Stock Losses Despite Resilient S&P 500
-
Tech3 days agoAnonymous researcher drops 0-day ‘exploitarium’ repo
-
Business3 days agoAustralia treasurer says alleged access of prime minister’s bank data ’incredibly concerning’
-
Crypto World6 days agoKraken's xStocks Opens Bending Spoons IPO Registration to EEA Retail
-
Sports6 days agoFIH Pro League: India defeat Pakistan 7-1, register biggest win of campaign | Other Sports News
-
Crypto World7 days agoBitcoin Sparks $600M Hourly Liquidations With $65,000 Set To Become Resistance
-
Tech5 days agoBluekit phishing kit adopts browser-in-the-middle for login theft
-
Crypto World6 days agoHyperliquid Named on Singapore MAS Investor Alert Register
-
Tech6 days agoRussian hackers now target Signal backup recovery keys
-
Crypto World6 days agoRTX holders must register wallets before token distribution begins
-
Crypto World7 days agoTether (USDT) Passes Ether in Market Cap as ETH Drops Toward $1.5K
-
Sports1 day agoBroncos roster: OL Ben Powers (No. 74) entering final year of contract
-
Business3 days agoThe AI boom won’t burst all at once. It will pop in ‘rolling bubbles’: Macquarie
-
Tech5 days agoClaude Code turned every engineer into three. Now companies need more product thinkers


You must be logged in to post a comment Login