Crypto_Research

⚠️ More Than $400M in Crypto Leverage Liquidated Within Just 60 Minutes The crypto market saw another brutal flush as over $400 million worth of leveraged positions were liquidated in only one hour.
📉 Total liquidations across the market have now exceeded $1.5 billion over the past 24 hours.
🔥 The majority of liquidations came from long positions as Bitcoin briefly swept below key support levels and volatility exploded across the market. Major assets including:
• BTC
• ETH
• SOL
• and high-beta altcoinsall experienced sharp downside moves during the cascade.
⚡ The liquidation wave comes amid

⚖️ Strategy Under Investigation by Rosen Law Firm Over Potential Securities Violations Rosen Law Firm has announced an investigation into Strategy to determine whether the company may have violated U.S. securities laws or provided misleading information to investors.
📉 The investigation is reportedly focused on whether public disclosures related to:
• fundraising activities
• financial risks
• and Strategy-linked products such as STRC may have omitted or misrepresented material information.
⚠️ If wrongdoing is ultimately identified, investors could potentially seek compensation for financial

🇯🇵 SBI Holdings to Acquire Crypto Exchange Bitbank for $288MJapanese financial giant SBI Holdings has announced plans to acquire crypto exchange Bitbank for approximately 46.7 billion yen ($288.6 million), as part of its strategy to expand deeper into the digital asset industry and develop new crypto-related financial products.
🏛️ The acquisition will be carried out through SBI’s subsidiary, SBICAH LLC.
Once completed, Bitbank will become a wholly owned subsidiary of SBI Holdings.
⚖️ The deal is still subject to approval from Japan’s antitrust regulators and is expected to close in October

🎲 Kalshi Targets $40B Valuation and Considers Future IPO Kalshi,
the U.S.-regulated prediction market platform, is reportedly in talks to raise new funding at a valuation of around $40 billion, nearly double its previous round, according to the Financial Times.
📈 The deal could reportedly be finalized as early as Q3 this year.
⚡ The valuation would place Kalshi far ahead of rival Polymarket, which is currently estimated at around $15 billion, further solidifying Kalshi’s position as the leading player in the prediction market industry.
👤 CEO Tarek Mansour also confirmed that the company is

📉 DeFi TVL Falls 39% in 2026 Amid Market Downturn and Rising Exploits The total value locked (TVL) across DeFi has dropped 39% since the beginning of 2026, falling from roughly $115 billion to just over $70 billion.
📊 The decline has been driven mainly by:
• the broader market correction following Bitcoin’s late-2025 peak
• and a wave of major security exploits, including the $293 million Kelp DAO incident
⚠️ Q2 2026 also became the most attack-heavy quarter in DeFi history, with 83 separate exploit incidents recorded.
However, cybersecurity researchers warn that the lower total amount stole

🇰🇷 South Korea Adds Tokenized Securities to Its 2027 Capital Market Reform Roadmap South Korea’s Financial Services Commission (FSC) has officially included tokenized securities infrastructure in its national capital market modernization plan.
📊 The roadmap includes major goals such as
:• shortening settlement times
• expanding the use of artificial intelligence
• and integrating blockchain-based financial infrastructure into traditional markets
⚖️ Earlier in 2025, South Korea’s National Assembly passed legislation recognizing blockchain as a legally valid securities registry.
The country’s

🇺🇸 U.S. May PCE Inflation Comes In Exactly As Expected
📊 May PCE Inflation Data:
• PCE YoY: 4.1% (Forecast: 4.1%, Previous: 3.8%)
• PCE MoM: 0.4% (Forecast: 0.5%, Previous: 0.4%)
📊 Core PCE Inflation:
• Core PCE YoY: 3.4% (Forecast: 3.4%, Previous: 3.3%)
• Core PCE MoM: 0.3% (Forecast: 0.3%, Previous: 0.3%)
👉 The Federal Reserve’s preferred inflation gauge came in exactly in line with market expectations. At the same time, U.S. Q1 GDP was revised higher to +2.1%, above the previous estimate of +1.6%.
⚠️ The combination of:
• stable but still elevated inflation
• and stronger-than-expected

💥 MemeCore ($M) Crashes Nearly 90% Within Hours Just hours ago,
$M collapsed more than 75% across major centralized exchanges, with its fully diluted valuation (FDV) plunging from around $14B to just $3.8B.
📉 The token was also knocked out of the Top 25 largest crypto assets by market capitalization.
⚠️ Prior to the crash, onchain investigator Zach XBT and multiple analysts had repeatedly raised concerns about the project, including:
• highly concentrated token supply across a few large wallets
• questionable user metrics allegedly inflated by the team
• and suspiciously weak real trading a

🏛️ Markets Are Now Leaning Toward Another Fed Rate Hike Before Year-End Markets are currently pricing in a scenario where the Federal Reserve delivers one more 0.25% rate hike before the end of the year, potentially bringing rates back toward the 3.75%–4% range.
⚠️ However, these expectations could shift significantly after tonight’s U.S. PCE inflation release at 19:30 — the Fed’s preferred inflation gauge.
📊 May PCE forecasts:
• Headline PCE YoY: 4.1% (previous: 3.8%)
• Core PCE YoY: 3.3%–3.4% (previous: 3.3%)
📈 If Core PCE comes in hotter than expected: This would strengthen the view that

🇺🇸 Foreign Capital Floods Into U.S. Stocks at Record Levels According to FRED data, foreign investors bought an additional +$2 trillion worth of U.S. equities in April alone, pushing total foreign holdings to a new all-time high of $23.2 trillion.
📈 That figure is:
• 1.5x higher than the previous peak during the ultra-low rate era of 2021
• 3x higher than the Covid-era lows in 2020
🌍 Foreign investors now own roughly 30.5% of the entire U.S. stock market capitalization.
Even more striking: Within their U.S. asset allocation, American equities now account for 63% — the highest level ever re

⚠️ Pressure Is Building Around MSTR Again There is growing pressure surrounding MSTR, as one of the most realistic ways for Strategy to raise additional capital and support STRC may be through issuing and selling more MSTR shares.📉 Investors are increasingly concerned about:
• dilution risk from future share offerings
• pressure on MSTR valuation
• and whether the “Bitcoin financing machine” can continue operating smoothly if market conditions weaken further🧠 CEO Phong Le addressed the situation by comparing Bitcoin and AI as the two most transformative technologies of the 21st century.
🗣️

🇺🇸🇮🇷 Trump Says Iran Will Not Charge Fees for Ships Passing Through Hormuz President Donald Trump stated that Iran has confirmed it will not impose any fees on ships passing through the Strait of Hormuz.
🚢 The announcement comes as tensions in the region continue easing and global shipping routes remain open.
💰 Trump also clarified that the United States has not transferred money directly to Iran.
Instead, part of Iran’s frozen assets currently controlled by the U.S. will be used to purchase agricultural products from American farmers, including:
• Corn
• Wheat
• SoybeansThe food supplie

🛡️ StarkWare Launches “Private KYC” on Starknet Using Zero-Knowledge Proofs StarkWare has unveiled a demo of its new Private KYC system on Starknet,
allowing users to complete identity verification without exposing sensitive personal data.
🔐 Instead of uploading full passports, addresses, or personal documents, users only need to prove the specific attributes required — such as:
• being over 18
• or possessing valid identification This is achieved through zero-knowledge proof (ZK) technology.
⚡ User identity data remains encrypted and stored directly inside the user’s own Starknet wallet.
V

₿ Bitcoin Follows Gold Lower, Slips Back Toward $61KBitcoin continued its decline alongside gold, falling back toward the $61K region as markets remain under pressure from rising rate expectations and a stronger U.S. dollar.
📉 U.S. stock markets have now opened, while investors are closely watching tonight’s earnings report from Micron — one of the world’s largest memory chip makers.
⚠️ Markets expect a highly volatile session for:
• AI semiconductor stocks
• Nasdaq & tech equities
• And broader risk assets, including crypto The report is being viewed as another key test of whether AI demand

🥇 Gold Falls Below $4K for the First Time Since Nov 2025Gold has officially lost the $4,000 level for the first time since November 2025, now down nearly 29% from its peak.
🥈 Silver has also dropped below $60, crashing more than 50% from its January 2026 highs.
📉 The main reason being discussed across markets:Gold and silver do not generate yield.As the Federal Reserve turns more hawkish and the U.S. dollar strengthens, non-yielding assets like gold, silver — and even Bitcoin — are all facing heavy pressure.
🏛️ Markets are currently pricing in a 51% probability that the Fed could raise int

⛽ Trump: “Oil Is Down… So Why Isn’t Gasoline Cheaper Yet?”
👀Since the Strait of Hormuz reopened, WTI crude oil has fallen sharply from nearly $100 to around $73 per barrel.
⚠️ But according to President Trump, consumers still aren’t seeing enough relief at the gas pump.
Speaking publicly, Trump criticized major oil companies for keeping gasoline prices elevated despite benefiting from much cheaper crude oil prices.
🗣️ “Oil companies are refusing to significantly lower gasoline prices even though they’re buying oil at bargain levels. It’s clear they’re taking advantage of consumers.”
🚨 Trum

📉 Is Bitcoin Selling Pressure Starting to Fade?
1️⃣ Long-term Bitcoin holders are selling at the slowest pace in nearly 2 years New data shows that investors who have held BTC for more than 5 years are significantly slowing down their selling activity.
📊 The 90-day average amount of BTC moved out of wallets by this group has now dropped below 1,000 BTC for the first time since November 2024.
According to Crypto Quant, one reason is that many OG investors accumulated heavily near the ~$63K top back in 2021 — almost the same price area Bitcoin is trading around today.
⚠️ As a result, many long

🌉 Chainlink Partners With European & South Korean Banks to Explore Stable coin FX Settlement Chainlink has announced a new collaboration with banking alliances across Europe and South Korea under an initiative called Project Pangea.
🔸 The project aims to explore whether euro and Korean won stable coins can be used for real-time cross-border foreign exchange settlement without relying on traditional intermediaries.
⚙️ Within the initiative:
• Chainlink will provide data and interoperability infrastructure
• Fair Square Lab will handle onchain payment technology
🏦 Although the project is stil

📊 Market Briefing — Wednesday, June 24
🟡 Gold dropped back toward the $4,000 level, while South Korean equities sold off after SK Hynix reportedly slowed chip production — a potential sign that AI chip demand may be cooling. U.S. semiconductor stocks also traded sharply lower, while Bitcoin continued hovering around the $62K range.
🇺🇸🇮🇷 U.S.–Iran negotiations remain stuck in a back-and-forth dynamic:
Trump claimed Iran agreed to expanded nuclear inspections, while Iranian officials publicly denied the statement.
⚠️ AI chip giant Micron is set to release earnings overnight, with markets e