Crypto news today
Arc network DEX logs $72.6 million and 574,000 trades in first day
Why it matters: The first metrics show how quickly the Arc ecosystem is gaining real activity after the mainnet launch.
KAS rises 4.44% to $0.034 on weak volume
Why it matters: Weak volume casts doubt on the rebound's durability: without buyer confirmation, the rally may fade at the 7-day SMA.
Trump promises oil slump after Iran war: what it means for crypto
Why it matters: Cheaper oil would lower inflation and pressure on the Fed rate, and improve miner margins — a key macro catalyst for bitcoin.
ProCap Financial to rename to Silvia, change ticker to SVIA
Why it matters: The rebrand and ticker change do not alter fundamentals, but may affect the stock's liquidity and visibility.
Hacker used signatures from failed transactions to drain $3 million from GalaChain
Why it matters: The incident shows audits can miss the combination of signature verification and replay protection, and manual response cannot keep up with automated attacks.
ZRO holds above $1.02 after rebound without volume confirmation
Why it matters: A rebound without volume is fragile: without buyer confirmation, a reversal to the $0.95 support is possible.
Crypto market rebounds after Fed rate hike, but ETFs bleed funds
Why it matters: The market is testing whether the 2022 scenario repeats: a post-hike rebound could turn into a selloff if ETF flows stay negative.
Robinhood Chain launchpad volumes fall to $399M ahead of gas subsidy expiry
Why it matters: The end of the gas subsidy could crush speculative activity on the network and test the resilience of its memecoin ecosystem.
Hyperliquid leads 30-day perpetual futures volume at $240B
Why it matters: Hyperliquid is cementing its dominance in the derivatives segment, significantly outpacing the largest L1 and L2 networks in trading activity.
ASTER rises 8.35% to $0.735 amid long liquidations
Why it matters: The rally without a news catalyst points to a technical rebound after liquidations, but the $75 million unlock could cap further gains.
Address opens 10x long on 3,380 ZEC on Hyperliquid worth $4.56M
Why it matters: A large Zcash long on Hyperliquid signals continued demand for the asset after its rally above $1,300.
Pendle launches yield trading for tokenized infrastructure via NGI+
Why it matters: Pendle is extending its yield-trading model to institutional RWA assets, reinforcing the bet on traditional finance inflows into DeFi.
Nike appoints Alexandre Arnault to board after selling NFT studio RTFKT
Why it matters: A major brand is exiting the NFT segment for good, adding pressure on the market for digital collectible assets.
TAO approaches $231–232.7 resistance with negative funding
Why it matters: A breakout above $231–232.7 would confirm an upward reversal and open the $250–270 target; failure would send the price back to support at $211–215.
Virtuals Protocol launches on Circle's Arc network
Why it matters: It expands the Arc ecosystem and could accelerate the growth of tokenization and DeFi applications on the new network.
Grayscale: Bitcoin likely bottomed at $58,000 in June
Why it matters: If the Fed does not continue hiking and the economy stays strong, the current range could become an entry point for institutions.
$345 million liquidated in crypto market after Fed rate hike
Why it matters: The liquidation spike shows excess leverage is being flushed out; further movement depends on open interest and funding.
TAO jumps 45% in a day as traders watch $231 level
Why it matters: TAO's rally reflects demand for AI tokens, but weak demand indicators leave pullback risk if the MFI breaks below 50.
ONE rises 9.83% in 15 minutes to $0.00153
Why it matters: The sharp move on volume points to speculative interest; a break above $0.00154 could strengthen momentum.
Bank of England holds rate at 3.75% for sixth straight time as inflation hits 3.1%
Why it matters: The MPC split and rising inflation raise the odds of tightening, adding pressure on risk assets including crypto.