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Bitmine (BMNR) Chairman Tom Lee has dismissed recent concerns about a potential funding crisis within the Ethereum development ecosystem. Lee stated there is a "0%" chance of Ethereum facing such a crisis, adding that the necessary funds have already been secured. His comments follow a warning from Trent Van Epps, a former core development coordinator at the Ethereum Foundation, who suggested that the core development ecosystem could face a funding shortage within the next three to nine months. Van Epps attributed the potential issue to the foundation's "Subtraction" governance strategy and the termination of its Client Incentive Program (CIP).

CryptoQuant CEO Ki Young Ju stated that the capital rotation from Bitcoin (BTC) to altcoins, which historically drove altseasons, has virtually disappeared. He noted that altcoin trading volume against BTC pairs has plummeted since 2021, suggesting that the era when altcoins would surge simply because Bitcoin was rising may be over.

24-hour crypto futures liquidations The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $47.35 million liquidated (59.24% shorts) - ETH: $27.5 million liquidated (59.83% longs) - RE: $10.78 million liquidated (69.6% shorts)

Wang Chun, co-founder of F2Pool, the world's fourth-largest Bitcoin mining pool, withdrew 54,500 ETH ($93.25 million) from Binance over approximately 15 days after the price of ETH fell below $1,700, EmberCN reported. He subsequently staked 37,400 ETH, worth around $63.88 million.

CryptoQuant CEO Ki Young Ju stated on X that the current market consensus among Bitcoin (BTC) analysts is leaning bearish. He previously forecast that the current bearish phase could last until early 2027.

South Korean crypto exchange Bithumb has announced the temporary suspension of Tether (USDT) withdrawals on the Aptos network for wallet system maintenance. The suspension began at 2:05 a.m. UTC today.

Wang Chun, co-founder of F2Pool, the world's fourth-largest Bitcoin mining pool, has purchased an additional 11,448 ETH ($19.35 million) and 224.66 WBTC ($14.05 million) over the past 15 hours, according to data from ai_9684xtpa.

Hyperliquid trader James Wynn has reopened a 40x leveraged BTC short position, according to Onchain Lens. The position is sized at 1.31 BTC, worth approximately $83,000, with an entry price of $63,102 and a liquidation price of $63,785. This move comes as Wynn's cumulative losses have surpassed $22 million.

Sonic Labs has announced the appointment of Matt Visser as its new CEO and Kosta Kourkoumelis as its new COO. Visser stated that he will focus on steady improvement rather than promising immediate results, aiming to build 1% progress each day. The company also outlined its plans for the next 100 days, which include establishing a transparent governance system, launching a risk and compliance committee, strengthening community-focused operations, and minimizing unclear announcements while increasing progress updates.

CoinMarketCap's Altcoin Season Index remains at 47, unchanged from yesterday. The index is calculated by comparing the price performance of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped coins, against Bitcoin over the past 90 days. An 'altcoin season' is declared when 75% of these top coins outperform Bitcoin during that period; otherwise, it is considered a 'Bitcoin season.' A score closer to 100 indicates that an altcoin season is underway.

The European Union (EU) will introduce revised Anti-Money Laundering (AML) regulations starting in July 2027, according to CryptoNews. Under the new rules, Crypto Asset Service Providers (CASPs) will be required to perform enhanced Know Your Customer (KYC) procedures for one-time transactions of €1,000 or more. Additionally, the operation of anonymous accounts and services related to privacy coins will be completely banned.

A London court has considered whether a debt can be directly repaid in Bitcoin, a first for a UK civil case, Forbes reported. The case, Hussain v Fix, was heard on June 18 and involved a plaintiff seeking the return of 7.8 BTC for business expenses, citing a prior agreement. With the defendant absent from the proceedings, the court examined the legality of ordering a direct repayment in the cryptocurrency. The judge determined that while Bitcoin is recognized as property under UK law, it remains unclear whether a court can compel a debtor to pay directly in BTC. According to Forbes, the case highlights the ongoing legal vacuum surrounding the enforcement of contractual obligations involving digital assets, even after they have been legally classified as property.

The Spot Cumulative Volume Delta (CVD) chart analyzes the order book for the BTC/USDT spot pair. The upper section shows a volume heatmap, while the lower section displays the CVD. - The volume heatmap in the upper section tracks trading volume at specific price levels. The background color brightens when the price lingers in a certain range or makes a significant move. These brighter areas can potentially act as support or resistance levels. - The Cumulative Volume Delta (CVD) indicator in the lower section shows buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. For example, the yellow line represents orders between $100 and $1,000, while the brown line tracks large orders ranging from $1 million to $10 million.

The Crypto Fear & Greed Index, compiled by data provider Alternative, registered a score of 20 today, unchanged from yesterday. This indicates that market sentiment continues to be in the 'Fear' stage. The index measures market sentiment on a scale of 0 (Extreme Fear) to 100 (Extreme Greed). It is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search trends (10%).

A total of 18.37 million LINK, valued at $144 million, has been unlocked from a non-circulating supply address and transferred to Binance over the past four hours, Onchain Lens reported. The Chainlink non-circulating supply address is known to unlock between 10 million and 20 million LINK each quarter.

Real estate private equity firm Grant Cardone Capital has purchased an additional 282 BTC, Cointelegraph reported. CEO Grant Cardone previously stated the firm plans to incorporate $100 million in BTC into a $235 million investment focused on income-producing real estate.

Sui (SUI) announced on X that it has unveiled a secure payment prototype for commerce based on AI agents. The team explained that with existing wallet structures, security risks can emerge if an AI agent malfunctions or is hacked. To address this, the new prototype applies Seal MPC technology to separate authorization authority from the agent itself. An MPC committee issues a "one-shot witness" for each payment, and transactions are verified according to on-chain Move policies. This approach prevents the reuse of authorization information.

Cryptocurrency exchange WhiteBIT has obtained a Markets in Crypto-Assets (MiCA) license in Austria ahead of the end of a temporary grace period on July 1, Cointelegraph reported. This move allows the exchange to launch its dedicated European platform, whitebit.eu.

U.S. Commodity Futures Trading Commission (CFTC) Chairman Mike Selig said the agency is considering regulatory measures that would allow on-chain perpetual derivatives platforms, such as Hyperliquid, to operate in the United States. According to Wu Blockchain, Selig said regulators should look to the future rather than rigidly applying outdated exchange rules from 1934. He added the CFTC is actively developing regulations tailored for on-chain products, including those with Auto-Deleveraging (ADL) mechanisms.

Axelar Network announced on X that it has suffered a loss of approximately $4.67 million due to a bridge hack. In response, the network has disabled its connection to Secret Network and added that its core protocol was not affected.

U.S. financial giant Charles Schwab is partnering with Cboe Global Markets to launch a new type of options contract that allows clients to bet for or against movements in the S&P 500 index. According to CoinDesk, this marks Charles Schwab's first entry into the prediction market. While existing prediction market platforms offer futures-like contracts tied to event outcomes, Charles Schwab's product will pay a fixed amount if the index closes above a preset level and nothing if it closes below, functioning similarly to a binary option. The product is scheduled to be offered to clients within the next few months.

CME Group holds a stronger legal position in its lawsuit against the Commodity Futures Trading Commission (CFTC) regarding the approval of perpetual futures in the U.S., according to an analysis by TD Cowen. The Block reported the assessment from Jaret Seiberg, a managing director at TD Cowen's Washington Research Group. Seiberg noted that CME Group has the advantage on both procedural and substantive grounds. He explained that the lawsuit's central issue will be whether perpetual futures, which have no expiration date, can legally be classified as futures contracts. This distinction is critical, as swaps and futures are subject to different regulatory and tax rules. Swap dealers are required to register and typically use a five-business-day margin calculation, whereas futures contracts use a one-day standard and may receive tax benefits. Seiberg anticipates that CME will file for a preliminary injunction, adding that the court's hearing schedule and initial rulings will be key developments to watch.

A wallet associated with K3 Capital withdrew 10,000 ETH, worth approximately $16.92 million, from Binance two hours ago. The same wallet also withdrew 7,930 ETH early yesterday morning.

The total value of mergers and acquisitions in the global cryptocurrency industry has surpassed approximately 13 trillion won (about $9 billion) so far this year. This trend is driven by intensifying competition among large crypto firms and Wall Street financial companies to secure infrastructure and layer services. The key themes in these M&A cases are payments and infrastructure, highlighting a growing focus on functional financial rail services. Major M&A deals include: - Bullish → Equiniti: $4.2 billion - Mastercard → BVNK: $1.8 billion - Figure → Kiavi: $717 million - IREN → Mirantis: $625 million - Payward → Reap: $600 million - Payward → Bitnomial: $550 million - Robinhood → WonderFi: $180 million - Fireblocks → TRES: $130 million - Coincheck → 3iQ: $112 million - MoonPay → Dflow: $100 million - MoonPay → Sodot: $100 million - Mirae Asset → Korbit: $92 million - eToro → ZenGo: $70 million - AiFi → BlockStreet: $43 million

According to on-chain analyst EmberCN, an anonymous whale investor has sold all the BTC acquired over the past seven months, realizing a loss of $26.9 million. The whale had purchased the BTC on Binance and OKX between last November and this February at an average price of $87,181. The investor deposited the entire holding into Binance today, finalizing the loss.