OKX Ventures buys $53 million stake in Korea’s Coinone exchange
The crypto exchange’s investment arm and Korea Investment & Securities will each invest 80 billion won ($53 million) as Coinone pushes into stablecoins and tokenized securities.
Markets
XRP rebounds above $1.30 after volume surge, but bears still control the bigger picture
XRP snapped a streak of lower lows on heavy buying, though the token remains stuck below major resistance levels that have capped every rally this year.
Bitcoin, ether little-changed despite record stocks, falling oil and easing war fears
Global stocks hit records and oil cracked on a tentative US-Iran ceasefire extension. Crypto stayed on the sidelines, with some analysts saying the next catalyst is regulatory, not geopolitical.
Bitcoin’s record holder supply hides a buyer drought, CryptoQuant says
A record high in long-term holder supply typically signals conviction. CryptoQuant says it reflects a shortage of new buyers, a view echoed by weakening ETF demand and bearish prediction market odds.
Hyperliquid’s pre-IPO SpaceX contracts suffers 45% flash crash, liquidating $1.5 million
A massive selloff in a SpaceX crypto token wiped out hundreds of retail traders in 30 minutes because the market lacked enough cash to absorb the shock.
Bitcoin pinned below $73,000 despite potential U.S.-Iran deal news
U.S. stocks and bonds, and the oil market are reacting positively to yet another purported peace agreement, but crypto markets remain under heavy pressure.
‘Debasement trade’ falls out of favor as inflation fears cool, JPMorgan says
Investors are abandoning bitcoin and gold, perhaps sensing a coming end to Middle East hostilities.
What’s next as hot money cycle has gone from crypto to gold to AI to memory
As bitcoin and gold momentum fades, investor flows are increasingly rotating into AI infrastructure, semiconductor and memory-related equities.
Standard Chartered backs $4,000 ether as retail piles into the sub-$2,000 drop
The bank says onchain metrics will pull the price back up, just as Amazon’s stock price recovered after 2001. A retail dip-buying frenzy and a record futures short build say the bottom isn’t in yet.
Bitcoin’s famous CME gaps are about to disappear, though three remain unresolved
The launch of round-the-clock bitcoin futures trading eliminates the long-standing CME weekend gap and marks another step toward fully integrated institutional crypto markets.