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Intel (INTC) Stock Surges 11% on Reports of Major AI Chip Deals with Google and Nvidia

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INTC Stock Card

Key Takeaways

  • Intel shares rallied approximately 11% on Monday, topping S&P 500 performers following a 13.5% decline the previous week
  • Reports suggest Google could place an order for 3 million AI chips with Intel for delivery in 2028
  • Nvidia and Tesla are reportedly considering Intel as a potential chip manufacturing partner
  • Morgan Stanley notes robust server CPU demand and expects Intel to beat near-term estimates
  • Intel shares have climbed 422% over the trailing twelve months; analyst consensus remains Hold with $98.15 average target

Intel shares staged a dramatic recovery Monday, surging approximately 11% to near $110 after shedding 13.5% the prior week during a session that wiped out $1 trillion from semiconductor valuations.


INTC Stock Card
Intel Corporation, INTC

The rally positioned Intel atop the S&P 500 gainers list for the trading day. The benchmark index advanced 0.8%, with the Nasdaq climbing 1.4%. Intel’s performance significantly outpaced both.

What sparked the move? The Information published a report suggesting Alphabet’s Google might have contracted Intel to produce 3 million tensor processing units — specialized TPU AI chips — by 2028. The alleged order remains unverified, with Google and Nvidia offering no comment. Intel similarly declined to address the speculation.

Investors bought in anyway.

The speculation extended beyond Google. Street Insider indicated that Nvidia could potentially engage Intel as a contract manufacturer for a new processor design that integrates four Nvidia GPUs into one package. Tesla also surfaced in reports as possibly partnering with Intel or licensing its upcoming 14A manufacturing technology for proprietary chips at a planned facility called Terafab.

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Three heavyweight prospects. None confirmed. All driving momentum.

Strong Server CPU Trends Provide Foundation

Setting aside unverified reports, fundamental factors also support a bullish case. Morgan Stanley’s Joseph Moore noted on June 1 that Intel maintains healthy server CPU momentum.

Moore emphasized that the server roadmap — rather than foundry contracts — represents the core Intel investment thesis. He highlighted Intel’s “clear ability to beat-and-raise near term given server CPU shortages.”

Intel CEO Lip-Bu Tan reinforced this narrative during Computex in Taiwan last week, revealing that multiple CEOs have reached out over recent weeks requesting additional CPUs to satisfy demand.

Intel additionally announced a collaboration with Apple’s manufacturing partner Foxconn last week focused on AI infrastructure development, further expanding its manufacturing strategy.

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Rally Details and Market Context

The semiconductor sector experienced broad gains Monday. Broadcom advanced 2.7%, AMD climbed 4%, and Nvidia increased 1.6% following Friday’s worst single-session decline for the PHLX Semiconductor Index since 2020.

Yet Intel’s advance was exceptional. The stock has jumped 190% in 2026 year-to-date and has skyrocketed 422% over the past year.

Despite this impressive performance, Wall Street remains cautious. Among 51 firms monitored by FactSet, the consensus rating stands at Hold, with an average price objective of $98.15 — substantially below current trading levels.

Valuation concerns persist. Intel operates at a loss currently and trades at over 120 times forward earnings estimates for next year.

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Intel’s market capitalization now stands at roughly $498 billion. Monday’s session saw the stock fluctuate between $106.66 and $112.36, with average daily turnover around 122.9 million shares — volume that underscores intense investor attention.

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Ethereum is at Its Cheapest Valuation in 7 Years: Here’s What Happened Last Time

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Ethereum is at Its Cheapest Valuation in 7 Years: Here’s What Happened Last Time

Ethereum (ETH) has seen its MVRV Z-Score drop to its lowest reading since December 2018, sliding into the undervalued band that historically marks long accumulation zones.

The signal lands as ETH trades near $1,684, up about 3% on the day but far below its January high. On-chain flows and fading social attention round out what looks like a bottoming profile.

Ethereum Valuation Hits a 7-Year Low

The MVRV Z-Score measures the gap between market value and the aggregate cost basis of all holders. It then adjusts that gap for historical volatility.

A negative reading means the market value has fallen below the average cost basis. In plain terms, the typical holder is underwater, and the asset looks cheap.

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ETH MVRV Z-Score. Source: Glassnode

The score now sits near -0.7, inside the green undervalued zone. ETH has reached this level only three times: in late 2018, mid-2022, and now.

Each prior visit preceded a major recovery, though the metric stayed negative for months before the price turned. A move back above zero would shift the MVRV signal toward neutral.

Exchange Balances Tell a More Cautious Story

Cheap valuation has not yet triggered steady buying across the board. Coins left exchanges through the spring, then partly returned during the May selloff.

Supply on exchanges fell from about 8.5 million ETH in December to a low of 6.82 million in late April. That drawdown matched the steady accumulation seen earlier in the year. It then climbed back toward 7.7 million in May before easing to 7.28 million.

ETH supply and exchange flow balance. Source: Santiment

The rebound points to short-term distribution, even as the longer accumulation trend stays intact. The exchange flow balance reads a mild positive 32,100 ETH, a small inflow rather than a clear exit.

Crowd Attention Fades Near the Lows

Social metrics complete the contrarian picture. Interest peaked close to the April top, not at the June bottom.

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Social dominance spiked toward 4.0 in early April, then cooled to 1.227. Social volume dropped to 94 after capitulation spikes in late May.

Faded attention at low prices often reflects exhaustion rather than panic. Whales kept buying while the retail crowd looked away, a split that frequently appears late in a downtrend.

ETH social dominance and volume. Source: Santiment

Still, low engagement is a condition, not a trigger. A sustained drop in exchange supply and a Z-Score back above zero would strengthen the bullish forecast.

For now, ETH sits at its cheapest in seven years, and the next move depends on whether accumulators or sellers blink first.

The post Ethereum is at Its Cheapest Valuation in 7 Years: Here’s What Happened Last Time appeared first on BeInCrypto.

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Meta (META) Takes Legal Action: WhatsApp Accuses NSO Group of Injunction Breach

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META Stock Card

Key Takeaways

  • WhatsApp’s parent company Meta has filed contempt charges against NSO Group, claiming the Israeli surveillance firm breached a court-ordered permanent ban.
  • The messaging platform identified and blocked fresh spear-phishing operations connected to NSO designed to redirect targets to harmful websites.
  • The U.S. government has placed NSO Group on its blacklist due to concerns about national security and foreign policy implications.
  • Federal judges previously mandated NSO cease all WhatsApp-related operations, with the firm claiming such restrictions threaten its survival.
  • The social media giant removed experimental accounts and communities established by NSO, while a dozen advocacy groups back its legal challenge.

Meta Platforms initiated contempt proceedings in federal court on Monday against NSO Group, charging the Israeli surveillance technology firm with breaching a permanent ban preventing it from accessing WhatsApp and its user base.

Shares of META were hovering around $692 when the announcement emerged on Monday.


META Stock Card
Meta Platforms, Inc., META

This action intensifies an ongoing legal confrontation that previously delivered a significant victory for Meta. Federal courts ruled last year that NSO must pay $4 million in damages — substantially reduced from the original $167 million judgment — and issued a permanent injunction prohibiting the company from accessing WhatsApp.

Despite the court’s prohibition, Meta alleges NSO continued its operations.

WhatsApp’s security teams uncovered fresh “spear phishing” operations attributed to NSO within the past several weeks. These sophisticated attacks sought to manipulate users into activating malicious links that would route them to compromising websites — what Meta characterizes as a “1-click phishing” scheme, where one tap can infiltrate a device or account without requiring credential input.

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According to Meta, WhatsApp discovered and eliminated testing accounts and communities that NSO allegedly established within the platform. NSO Group has not provided comment when contacted.

The Mechanics Behind the Phishing Operations

The assault tactics resembled NSO’s documented strategies from prior incidents. Targets received malicious links designed to deploy surveillance technology with a single click, bypassing traditional authentication requirements.

NSO’s primary offering, Pegasus spyware, sits at the heart of these allegations. Meta and WhatsApp have previously charged NSO with exploiting a platform security flaw to deploy Pegasus across more than 1,400 devices worldwide. Documented victims have included members of the press, political figures, and human rights workers.

U.S. authorities have officially blacklisted NSO Group, pointing to operations that conflict with American national security objectives and foreign policy goals. NSO has previously stated that the permanent injunction poses an existential threat to its business operations.

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Advocacy Groups Rally Behind Meta’s Legal Strategy

Last month, a coalition of 12 civil liberties organizations joined Meta in opposing NSO’s appeal of the permanent injunction. This alliance comprises cybersecurity researchers, privacy protection groups, and digital freedom advocates who submitted amicus briefs supporting Meta’s legal stance.

Meta has characterized commercial spyware as a “national security threat” and emphasized that individual corporations cannot combat surveillance-for-hire operations in isolation.

This contempt motion represents Meta’s most recent effort to uphold the judicial order and prevent NSO from accessing its services. Federal courts will now review the new allegations.

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Binance spotlights tokenized stocks as RWA market surges nearly 600%

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Chart showing tokenized RWA market value rising from about $12 billion in June 2025 to nearly $32 billion by May 2026, with government debt driving most growth.

The market for tokenized real-world assets has climbed 589% since early 2025, with tokenized stocks emerging as the fastest-growing segment, according to Binance Research.

Summary

  • Binance Research said the tokenized RWA market has grown 589% since early 2025, with tokenized stocks leading gains.
  • Tokenized stocks surged 422%, while bonds and money market funds added $6.5 billion in value.
  • Institutional adoption expanded across equities, real estate, and payment infrastructure as tokenization activity increased.

Binance Research said in its latest Monthly Market Insights report that active tokenized RWAs continued to expand despite pressure across digital asset markets from interest-rate concerns, regulatory uncertainty, and weaker investor sentiment during 2026.

Data from the report showed tokenized stocks recorded a 422% increase in market value over the period, outpacing every other major RWA category. Binance Research attributed much of that growth to platforms offering blockchain-based access to traditional equities and exchange-traded funds.

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Chart showing tokenized RWA market value rising from about $12 billion in June 2025 to nearly $32 billion by May 2026, with government debt driving most growth.
Source: Binance Research

Among the largest contributors, Binance Research highlighted Ondo Global Markets, which surpassed $1 billion in total value locked within eight months of launch through its tokenized stock and ETF offerings.

While equities led growth rates, fixed-income products remained the largest source of new capital entering the sector. Binance Research reported that tokenized bonds and money market funds added $6.5 billion in value, representing an 83% increase during the period.

“2026 marks RWA tokenization’s maturation from a Treasury-dominated narrative into a diversified yield ecosystem.”

Tokenized equities attract new demand

Fresh activity in tokenized equities has accelerated as crypto firms expand access to publicly traded and private-market investments through blockchain networks.

Recent attention has centered on tokenized exposure to private companies. As crypto.news reported earlier, Kraken introduced a tokenized version of SpaceX stock through the xStocks tokenized equities platform, bringing one of the world’s most closely watched private companies into the growing tokenization market.

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Trading activity has followed the expansion. According to figures cited in the report, cumulative volume across xStocks exceeded $25 billion within roughly eight months of launch.

Outside equities, tokenized precious metals also attracted investor demand. Binance Research reported that the sector added $1.5 billion in value, representing growth of 39% during the measured period.

Most of those gains occurred during January and February, when geopolitical tensions increased demand for defensive assets. Binance Research said tokenized gold products briefly pushed the sector above $6 billion before momentum slowed alongside a pullback in gold prices.

Institutional participation expands across asset classes

Institutional activity has also increased beyond tokenized securities and commodity-backed products.

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In real estate, Apex Group has begun providing fund services through Goldman Sachs’ Digital Asset Platform, a development that Binance Research cited as evidence of rising interest in blockchain-based settlement and fund administration.

Financial institutions are also examining tokenized deposit networks as stablecoins gain market share in global payments. Binance Research said banks are exploring blockchain-based payment infrastructure to modernize transaction systems and improve settlement efficiency.

Separate industry data suggests blockchain networks are already benefiting from that trend. As crypto.news reported earlier, Messari’s State of Solana Q1 2026 report showed Solana’s real-world asset market capitalization rose 43% quarter over quarter to $2.01 billion

 Messari also reported that Solana generated $342.2 million in Chain GDP during the first quarter, highlighting growing activity around tokenized financial products on the network.

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Hyperliquid commands nearly half of crypto buybacks, says Citrini

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HYPE ETFs top $100M inflows as TradFi quietly piles into Hyperliquid

Hyperliquid has accounted for nearly half of all token buyback activity across the crypto market in 2025, according to a new report from Citrini Research, which has highlighted the decentralized exchange’s revenue model as one of the strongest in the sector.

Summary

  • Citrini Research says Hyperliquid has accounted for nearly half of all crypto token buybacks in 2025 through its Assistance Fund mechanism.
  • Coinbase’s new USDC treasury deployment framework could add up to $200 million in annual revenue, potentially increasing HYPE buybacks.
  • Growing ETF demand, strong token performance, and renewed speculation around Arthur Hayes have kept investor attention focused on Hyperliquid.

According to Citrini’s Substack publication released Monday, more than 90% of the fees generated by Hyperliquid are directed to the protocol’s Assistance Fund, which uses the proceeds to purchase HYPE tokens on the open market.

The research firm said the scale of the program sets Hyperliquid apart from most crypto projects and has turned HYPE into a token backed by what it described as meaningful cash flow generation.

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“Unlike the memetic majority of crypto (bitcoin included), HYPE generates legitimate cash flow.”

Citrini said the buyback mechanism is attractive on its own, but argued that the size of the Assistance Fund is what makes the model stand out. The firm estimated that Hyperliquid repurchases have represented close to half of all token buybacks recorded across the digital asset industry this year.

At the same time, Hyperliquid (HYPE) has continued to outperform much of the market. Data from crypto.news showed the token recently reached an all-time high near $75 and was trading more than 8% higher over the previous 24 hours during Thursday’s Asian trading session.

Revenue growth continues to support buybacks

Recent developments around Hyperliquid’s treasury infrastructure could further strengthen the buyback program.

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As reported earlier by crypto.news, HYPE climbed more than 12% on June 8 after Coinbase activated its role as the official USDC treasury deployer on Hyperliquid.

Coinbase said it had enabled the AQAv2 framework through two designated treasury wallet addresses and assumed responsibility for deploying the decentralized exchange’s USDC reserves.

According to Coinbase, the framework routes most of the yield generated from Hyperliquid’s USDC treasury back into the protocol ecosystem. The exchange previously estimated that the arrangement could increase Hyperliquid’s annual revenue by as much as $200 million.

Because Hyperliquid directs up to 99% of protocol revenue toward HYPE repurchases through its Assistance Fund, any increase in treasury income could expand the amount available for future token buybacks.

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Additional interest has also come from prominent industry figures. BitMEX co-founder Arthur Hayes has once again been linked to HYPE after a wallet associated with him reportedly withdrew tokens from Bybit, following his earlier exit during a market correction, according to blockchain tracking reports covered by crypto.news.

Institutional interest keeps building

Beyond protocol revenue, Citrini pointed to growing investor participation through exchange-traded products linked to Hyperliquid.

The research firm highlighted recently launched Hyperliquid ETFs from Bitwise and 21Shares as another source of market attention. Data from SoSoValue shows the two products generated nearly $600 million in trading volume and attracted more than $136 million in net inflows during their first three weeks of trading.

Despite Hyperliquid recently overtaking Solana on a per-token price basis, Citrini noted that Solana’s market capitalization remains more than twice the size of HYPE’s. Even so, the firm argued that Hyperliquid still has room to capture additional market share within the decentralized derivatives sector.

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“The Hyperliquid runway is wide,” Citrini wrote. “We think there is still significant market share to be captured.”

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OpenAI Files Confidential S-1, Signaling Path to Public Markets

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OpenAI Files Confidential S-1, Signaling Path to Public Markets

OpenAI submitted a confidential S-1 registration statement to the US Securities and Exchange Commission (SEC), taking its first formal step toward an initial public offering (IPO).

The company announced the move itself on X (formerly Twitter), saying it expected the filing to leak. 

OpenAI IPO Filing Lands as Listing Race Heats Up

OpenAI ranks among the world’s most valuable private companies. Its last funding round closed in March at a valuation of $852 billion.

The firm had been working with Goldman Sachs and Morgan Stanley on a confidential S-1 draft, BeInCrypto reported in late May.

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OpenAI set no timeline and signaled it could remain private while weighing the tradeoffs of a public listing.

“We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs, and this gives us the option to go public sooner if that ends up being best,” the team said.

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OpenAI is not moving alone. Anthropic filed its own confidential S-1, roughly a week earlier. Anthropic recently closed a $65 billion round at a valuation of $965 billion. That figure pushed it past OpenAI.

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SpaceX leads the group. It is targeting a June 12 Nasdaq debut. Demand has reportedly reached about $150 billion, exceeding the $75 billion target. The order book closes this week. The coming weeks may reveal when OpenAI plans to join its rivals on public exchanges.

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The post OpenAI Files Confidential S-1, Signaling Path to Public Markets appeared first on BeInCrypto.

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Why are Altcoins Suddenly Exploding? Two Forces are Driving the Move

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ltcoins Turn Bullish on Daily Gains

Altcoins ripped higher on Monday as AI-linked tokens led a sharp rebound across an oversold crypto market.

Worldcoin (WLD), NEAR Protocol (NEAR), and Bittensor (TAO) posted double-digit weekly gains while Bitcoin (BTC) steadied above $63,000.

ltcoins Turn Bullish on Daily Gains
Altcoins Turn Bullish on Daily Gains. Source: Coingecko

Two forces explain the move. Traders are positioning for Elon Musk’s SpaceX IPO and its AI arm, xAI. Yet the same charts that lured buyers also warn the altcoin rally could prove a brief dead-cat bounce.

AI Tokens Lead Ahead of the SpaceX IPO

The clearest driver is the countdown to SpaceX’s market debut. The company prices its offering on June 11 and starts trading on June 12 on the Nasdaq under the ticker SPCX.

Underwriters priced the shares at $135 each, valuing SpaceX near $1.77 trillion. The company aims to raise up to $75 billion, which would rank as the largest IPO on record. Investors increasingly read the listing as an AI trade.

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That framing has substance. SpaceX acquired xAI in February 2026, bringing Musk’s AI lab into the rocket maker. The deal gave AI-themed coins a fresh narrative anchor.

Capital followed quickly. Worldcoin (WLD) climbed about 12% in 24 hours and has roughly doubled over 30 days. The move tracks a broader run of AI crypto coins pumping this quarter.

NEAR Protocol rose about 7% on the day and gained nearly 40% across the month. Bittensor (TAO) added roughly 4%, extending a stretch in which AI tokens outshine the rest of the market.

AI Crypto Coins Daily Gains.
AI Crypto Coins Daily Gains. Source: Coingecko

Each project carries its own AI credentials, which sharpen the bet ahead of SpaceX going public.

  • Worldcoin runs an identity network built around human verification.
  • NEAR markets itself as a layer-1 chain for AI development and agents.
  • Bittensor operates a decentralized network for training and rewarding AI models.

Those use cases let traders treat the listing as a proxy for the wider AI theme.

Follow us on X to get the latest news as it happens

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Why Traders Fear a Dead-Cat Bounce

The second force is more cautious. Bitcoin traded near $63,500, up about 2% on the day after sliding to year-to-date lows close to $60,000.

That $60,000 area matters because it marks the cycle’s lowest level and a key psychological floor. A bounce there can look like a reversal without being one.

However, the wider trend remains weak. Bitcoin remains down roughly 11% on the week and about 21% over the month, the signature shape of a dead-cat bounce.

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Bitcoin Price Performance.
Bitcoin Price Performance. Source: TradingView

Some named investors are already selling into strength. Arthur Hayes trimmed his stack ahead of the listing, taking profits on NEAR that signal fading conviction at the top.

Analyst Michael van de Poppe has argued the opposite, suggesting that a range-bound Bitcoin gives altcoins room to outperform.

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“Bitcoin just hit $ 61K. My altcoin portfolio barely moved. That’s not normal. In a typical Bitcoin drawdown, altcoins fall twice as hard. This time the opposite is happening and it might be the most important shift in this market,” said Van de Poppe

The competition for capital adds further risk. SpaceX, alongside a queue of trillion-dollar listings, is drawing institutional money that once flowed into crypto, a shift that has reshaped crypto’s IPO year.

The next few sessions hinge on the SpaceX debut. A strong open could extend the AI-token bid, while a soft listing may expose how thin this rebound really is, especially if Bitcoin slips back toward its $60,000 floor.

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AI Agent Payments on Base Reach 100 Million Transactions

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Crypto Breaking News

AI-fueled transactions on the Base network have crossed the 100 million mark in aggregate transaction count, based on information provided by blockchain analysis company Chainalysis and published by crypto-focused news site Coin Bureau on X. This development takes place against a backdrop where AI bots are becoming more prevalent within blockchain networks and are making significant strides in payment volume. Information provided with the report shows that transactions exceeding $1 constitute 95% of all payment volume made by AI bots on Base.

In addition to showing the growing popularity of using blockchain networks for AI agents’ financial transactions, this data sheds light on the growth trajectory of AI bot payments and the kinds of use cases developers are testing onchain.

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Key Takeaways

  • Transactions paid by AI agents on Base exceed 100 million cumulative
  • According to Chainalysis statistics, 95% of payment amounts are above $1
  • The transaction volume increased from thousands to tens of millions in one year
  • The Coin Bureau highlighted Base’s growth with a graph demonstrating the total increase

Chainalysis Data Shows Rapid Growth

Data from Chainalysis showed a sharp increase in cumulative AI agent transactions on Base, according to the Coin Bureau report. From the graph, it is evident that the transaction number hit almost 2,000 at the start of the first quarter of 2025 before reaching almost 59,000 in the next quarter.

Activity surged in the latter part of 2025, when the total transaction count hit 83.9 million during the third quarter of that year. In early 2026, transaction activity saw another boost: transactions reached 97.6 million before breaking the 100 million mark. The graph published by Coin Bureau visualizes this acceleration over consecutive quarters.

Higher-Value Transfers Dominate Payment Activity

The Chainalysis breakdown also focuses on the makeup of payment volume within the network. As shown in the data, transactions that exceed $1 now constitute 95% of AI agent payment volume on Base.

That concentration suggests usage beyond small testing payments. Observers often use transaction size to infer how networks are used; larger transfers could point to increased adoption by services relying on autonomous payments and higher-value commercial activity.

AI Agents Expand Their Presence on Blockchain Networks

AI agents are programs that can perform actions and make transactions with minimal human intervention. As accessibility to blockchain networks improves, developers continue researching ways for such programs to communicate with decentralized systems.

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Base has become one of the networks gaining traction for automated payments. Its low fees and quick transaction speeds make it easier for developers to build applications that involve frequent onchain actions, which supports experimentation and scale for agentic payment flows.

Market Watches Adoption Trends

The new milestone arrives amid growing interest in the intersection of artificial intelligence and blockchain technology. Market participants have been monitoring transaction patterns while testing scenarios where software operates autonomously.

Although the overall chart shows continuous growth up to 100 million transactions, experts will likely watch future performance and the economic value of those transactions closely as use cases and monetization models evolve.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Introducing CoinW TradFi : Redefining Traditional Asset Trading with Crypto Innovation

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[PRESS RELEASE – HONG KONG, SAR, China, June 8th, 2026]

Global cryptocurrency asset trading platform CoinW is excited to introduce CoinW TradFi. The new section integrates core traditional assets — including gold, crude oil, and other major commodities, as well as U.S. stocks and international equities — into perpetual contracts, providing users with additional market exposure options.

This launch marks a significant step in CoinW’s evolution, integrating traditional financial markets with its established cryptocurrency ecosystem to create a seamless, one-stop global trading platform.

Key highlights include:

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  • Unified Account Trading: Traders can seamlessly access both cryptocurrency and traditional financial markets on CoinW app, allowing eligible users to trade these supported assets through a unified account structure.
  • Diverse Asset Selection: The section currently features 33 trading instruments across precious metals, commodities, and traditional equities. The equity lineup features leading U.S. technology giants such as Apple, Google, and NVIDIA, alongside high-profile additions like OpenAI and SpaceX, which are either preparing for IPOs or command significant market attention.
  • 24/7 Trading Availability: Users can trade around the clock without being restricted by traditional market hours, with USDT-based instant settlement fully aligned with cryptocurrency user preferences.
  • Flexible Leverage: Competitive leverage options are provided across popular instruments, subject to risk controls and applicable restrictions.

This launch represents a significant evolution of CoinW’s prior initiatives, which already included perpetual contracts for gold and other commodities. CoinW TradF consolidates these fragmented offerings into a cohesive cross-market gateway that provides streamlined access to global mainstream assets.

This initiative reflects CoinW’s long-term vision of creating a future-oriented financial platform that deeply integrates traditional finance with digital assets. It enables users to execute strategic multi-asset strategies, capture global market rotations, and manage risk more effectively across asset classes.

Nassar Al Achkar, Chief Strategy Officer of CoinW, stated: “The launch of CoinW TradFi marks a key milestone in CoinW’s evolution from a crypto trading platform to a comprehensive financial destination. We aim to go beyond simply offering traditional assets by curating high-impact instruments, developing professional content ecosystems, and integrating AI-powered intelligent tools to help users connect with the world’s broader range of market exposure opportunities within a single, trusted platform.”

About CoinW

Founded in 2017, CoinW has grown into one of the world’s leading cryptocurrency trading platforms, providing a one-stop intelligent trading experience for cryptocurrency users across multiple countries and regions. As of October 2025, the platform records a daily trading volume exceeding $5 billion, ranks 4th globally in Coingecko’s derivatives market, and has over 20 million registered users. CoinW is committed to empowering user wealth growth and driving blockchain innovation, continuously refining its product structure and launching independently operated product lines. Through sponsorships of major international sporting events, CoinW has also expanded its global brand presence. Beyond business growth, CoinW remains dedicated to corporate social responsibility, actively supporting public welfare initiatives such as donations to orphanages in Africa. Looking ahead, CoinW will continue to promote financial inclusion, lead the development of the crypto industry, and accelerate the global adoption of blockchain technology and digital assets.

For more information, users can visit the CoinW official website, follow CoinW on X Account, or join CoinW’s Telegram Group.

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Disclaimer: Digital asset transactions involve high risks, and users are solely responsible for their own financial decisions. CoinW TradFi products are derivative products whose value references certain underlying assets and do not constitute ownership of any securities, commodities or other underlying assets. Products are generally available for trading on a continuous basis, subject to maintenance periods, liquidity conditions and operational interruptions. References to third-party companies are for identification purposes only and do not imply any affiliation, sponsorship or endorsement by such companies. CoinW does not provide investment, legal, tax or financial advice. Services may vary by jurisdiction and may not be available in all regions.

The post Introducing CoinW TradFi : Redefining Traditional Asset Trading with Crypto Innovation appeared first on CryptoPotato.

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Bitcoin Nears $90K as FTX-Era Bullish Divergence Reappears

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Crypto Breaking News

Bitcoin is flashing a rare weekly bullish divergence that observers say could precede a meaningful rebound, even as the price continues to slide toward the mid-$60,000s. The momentum indicator is climbing while price remains under pressure, a pattern last seen around the FTX-era market bottom that preceded a sizable rally. As of this week, BTC traded near $63,000 after a dip from about $75,800, with the weekly RSI hovering above 34 after briefly slipping into oversold territory.

Key takeaways

  • Bitcoin’s second weekly bullish divergence on record hints at a potential rebound, with upside attention centered on the 50-week moving average near $91,800.
  • BTC is currently holding near the 200-week simple moving average around $62,000, a level historically associated with the market’s major bottom in prior bear markets (2015, 2018, 2020).
  • A reclaim of the $64,000–$65,000 zone could open the door to higher targets, including $71,500–$73,000 and potentially toward the CME gap around $79,000.
  • Despite the divergence, Bitcoin remains in the latter stages of a weekly bear flag, leaving downside risk in play if the pattern plays out toward its measured target below $50,000.
  • Historical context matters: past bullish divergences on BTC’s weekly chart have preceded multi-hundred percent rallies, underscoring why traders are watching momentum as a lead indicator.

Divergence on the weekly chart and the FTX-era precedent

The weekly RSI for Bitcoin has rebounded from oversold levels, signaling a potential shift in momentum even as price continues to drift lower. In recent days, RSI climbed above 34 while BTC priced around $63,000, down from a high near $75,800 earlier in the week. This pattern — a rising or stabilizing momentum indicator while price makes new lows — is known in technical analysis as a bullish divergence and is often interpreted as a sign that selling pressure is waning before a price rebound.

Historically, a confirmed weekly bullish divergence on BTC has occurred only a handful of times in the post-2020 era. The most notable precedent cited by market observers was the divergence that appeared during the FTX-related capitulation in November 2022, which preceded a multi-fold rally from roughly $15,500 to just over $126,000. While past performance is not a guarantee of future results, the pattern remains a focal point for traders seeking to gauge whether downside momentum is ebbing ahead of a breakout.

Analyst commentary underscores the nuance: a single diverging signal is not a guarantee of a sustained upmove, but it adds to a broader deck of technical factors traders weigh as they assess risk and entry points in a choppy market.

What matters most, proponents note, is how Bitcoin behaves around critical levels and whether the divergence can be confirmed with a follow-through in price. If the weekly divergence strengthens into a confirmed signal this week, attention shifts to the next significant threshold and the potential path back toward higher horizons.

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Key levels framing the near-term path

Moving-average dynamics are shaping the narrative. The first major upside target sits near the 50-week simple moving average, currently around $91,755. This level has historically acted as a dynamic resistance on the way up in recovery scenarios, so a sustained push above it could pave the way for more robust upside momentum.

Meanwhile, the 200-week moving average sits closer to support at roughly $62,000. This line has characterized a long-standing bottom in several bear-market cycles (2015, 2018, 2020), and traders view it as a defensible zone where accumulation interests can re-emerge. Notably, analyst Michael van de Poppe has highlighted the $62,000 area as a favorable accumulation zone, while noting that breaking above the $64,000–$65,000 band would be crucial for a more convincing bullish setup. He also outlined a potential trajectory higher if price gains steam, pointing to zones near $71,500–$73,000 and even a visit toward the CME-listed gap around $79,000 should momentum persist.

These levels dovetail with the broader narrative: a successful reclaim of the lower range could unlock a more constructive weather window, but only a break above key resistance would shift the odds decisively in bulls’ favor. In his assessment, the area above $90,000 is seen as the next major resistance zone, aligning with the 50-week SMA target and the structural improvement implied by a sustained weekly divergence.

Bear flag dynamics and downside risk

Despite the budding bullish momentum signal, Bitcoin is currently navigating the breakdown phase of a weekly bear flag. A bear flag forms when prices rebound within a rising channel after a sharp decline, followed by another leg lower. In Bitcoin’s case, the chart pattern has included a breach of the flag’s lower boundary, a move reminiscent of the 2022 breakdown from a symmetrical triangle consolidation.

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Should the bear flag pattern play out as anticipated, the measured target lies below $50,000. That target remains in view unless Bitcoin can reclaim the flag’s lower trend line and turn the tide with sustained buying pressure. For the moment, the risk-reward profile remains delicate: a successful bounce would need to clear the invulnerable resistance around $64,000–$65,000 and extend beyond the $70,000–$75,000 zone to alter the intermediate-term trajectory.

Market observers also point to the broader macro and event-driven environment as a backdrop to these technicals. While bullish divergence signals can be enticing, they do not operate in a vacuum, and traders are mindful of the risk that a renewed bout of selling could resume if broader risk appetite wanes or macro catalysts reassert pressure on equity and crypto equities alike.

In the context of this narrative, recent commentary and charts also reference a prior divergence that foreshadowed a dramatic rally, suggesting that the divergence could herald a shift in sentiment if confirmed by price action. As always, investors should weigh multiple signals — momentum, structure, and volume — before anchoring a bet on direction.

Implications for traders and investors

What makes this development noteworthy is its potential to recalibrate near-term expectations for Bitcoin’s path out of the current consolidation. For traders, a confirmed weekly divergence paired with a reclaim of the $64k–$65k zone would be a practical cue to tighten risk controls and consider targeted exposure toward the next resistance layers around $90k and beyond.

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For long-term holders, the proximity to the 200-week SMA near $62k adds a critical sentiment barometer. In past cycles, this level has functioned as a reliable anchor for subsequent macro-bull moves, especially when accompanied by stronger momentum signals. The dynamic between this support and nearby resistance around the 50-week SMA creates a frame for evaluating whether the market is entering a more durable upward phase or remains tethered to a bear-market bounce with a risk of renewed downside.

As with any chart-driven story, timing matters. The likelihood of a meaningful swing higher depends not only on momentum but on the ability to sustain gains beyond the 50-week SMA and to break decisively into higher price territory. The chart shows a plausible scenario where a sustained move above roughly $92,000 could unlock more expansive upside, but the path to such a move requires a convincing breakout and a follow-through that many traders are eagerly awaiting.

Market participants who pay attention to on-chain dynamics, macro indicators, and liquidity conditions will be watching how the price action plays out near the key levels described. For context and additional angles, readers can revisit coverage of BTC’s bottom formation and its implications for future price trajectories in related analyses, including discussion of the FTX-era bottom and subsequent rallies, as well as comparative references to other notable market events such as the 2022 crash.

Further reading and related analyses:

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As the week unfolds, market watchers will be looking for a durable shift in momentum, a clear breakout above key resistance, or a reaffirmation of the bear-case path if price action backtests the lower boundary of the bear flag. The coming days could reveal whether Bitcoin is staging a true reversal or simply another data point in a volatile bear market cycle.

Readers should stay tuned for how BTC behaves around the $64k–$65k zone and whether the momentum signal strengthens with a sustained move above the 50-week SMA. Those are the levels that will likely shape the next leg of Bitcoin’s so-called macro dance, defining whether the path toward the next meaningful resistance is set or if the bear-flag scenario presses on toward more subdued price action.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Solana Crash Post-Mortem: 3 On-Chain Metrics Reveal the Damage

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Solana DeFi TVL

Solana (SOL) price fell about 17% over the past week, but the real damage sits beneath the chart. Capital left the ecosystem, long-term holders capitulated, and trading activity faded together.

The price drop was the surface. On-chain, three measures show the selloff ran deeper than a routine pullback, and they explain why the bounce off $60, the latest low, still looks fragile.

Capital Actually Left the Solana Ecosystem

The first crack is in total value locked, or TVL. It is the dollar value of assets deposited in a network’s DeFi protocols. Solana’s DeFi-only TVL sits near $4.87 billion (excluding liquid staking), down about 9.55% over the past week and roughly 15% over 30 days.

Solana DeFi TVL
Solana DeFi TVL: Charlie Quant Lab

A falling TVL means users pulled liquidity out of Solana’s apps rather than simply marking existing deposits lower. That points to capital leaving the network, not just prices dropping.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

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The exit raises a sharper question about who was selling, and the holder data provides the answer.

Even Long-Term Solana Holders Left

The deepest damage shows in the holder’s behavior. Hodler net position change, a metric that tracks whether long-term holders of 155 days or more are adding or reducing supply, fell sharply amid the TVL and price decline.

The figure dropped from about 3.27 million SOL on May 31 to roughly 2.36 million SOL by June 6, as the price slid toward its low. When the most patient holders sell into weakness, it shows conviction broken, not just speculative interest.

Solana Hodler Net Position Change
Solana Hodler Net Position Change: Glassnode

That loss of long-term confidence is the clearest sign the selloff was structural, and the trading data confirms it.

Trading Activity and DEX Dominance Both Slid

The cooling shows in volume. Centralized exchange volume for SOL peaked at $7.03 billion on June 6, the height of the selloff, then dropped back as the panic eased, leaving turnover at its lowest since that spike.

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Do note that the 7-day rising trend is due to the high volume days on June 5 and June 6.

CEX Volume Change
CEX Volume Change: Charlie Quant Lab

Solana’s DEX dominance, its share of total decentralized exchange volume across crypto, is also slipping. It sits near 22.6%, below its 60-day average of 23.3% and down from a near-term high of about 30.4% on June 4.

Solana DEX Dominance
Solana DEX Dominance: Charlie Quant Lab

Falling dominance shows the weakness is structural, not just a SOL price move, as capital rotates away from Solana’s on-chain trading.

Together, the three measures explain what really broke during the crash.

The Rebound Looks Fragile Until One On-Chain Level Clears

There is one tentative positive. As Solana price bounced about 13% off its June 6 low near $60, hodler net position change turned higher again. This hints that long-term holders started buying once the price stabilized.

Solana's Price Rebounds
Solana’s Price Rebounds: TradingView

This is not a price prediction, but the on-chain cost basis shows the hurdle ahead. The cost basis distribution heatmap, which maps the prices at which holders actually acquired their SOL, shows a dense cluster of supply near $74 to $75.

Holders who bought there tend to sell when the price returns to their entry, creating resistance.

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Solana Cost Basis Distribution
Solana Cost Basis Distribution: Glassnode

Until DeFi TVL stabilizes and that supply zone clears, the rebound stays fragile. Whether long-term holders keep buying or fading activity wins out will decide whether Solana’s price builds on its bounce or slips back toward its low.

The post Solana Crash Post-Mortem: 3 On-Chain Metrics Reveal the Damage appeared first on BeInCrypto.

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