
Ether Touches $1,500, Its Deepest Drawdown Since the 2025 Peak
Ether traded about 70% below its August 2025 record of $4,953.73 on Monday, roughly 20 points worse than bitcoin, as more than $1 billion of positions were liquidated.
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Ether traded about 70% below its August 2025 record of $4,953.73 on Monday, roughly 20 points worse than bitcoin, as more than $1 billion of positions were liquidated.

An attacker exploited a mismatch between Syscoin's two layers to mint about 5 billion SYS, roughly $10 million. The funds were recovered and destroyed; the bridge stays paused.

Bitcoin traded as low as $59,743 on Friday, its first move under $60,000 this cycle, after a five-session fall of about $14,000. A $1.57 billion liquidation wave marked the fourth billion-dollar day in five sessions, and total crypto market value dropped to $2.23 trillion.

JPMorgan, Bank of America and Citi are building a shared tokenized-deposit network operated by The Clearing House, targeting the first half of 2027. The aim is defensive: keeping corporate deposits inside the regulated banking system rather than losing them to stablecoins.

About $3 billion of leveraged positions was liquidated over two days as bitcoin fell 4.90% to $63,682.64. Open interest dropped 8.5% to $111.4 billion, and Solana hit its lowest price since December 2023 with 94% of its liquidations long.

US spot crypto ETFs recorded a 13th consecutive session of net outflows on Wednesday, taking the total to $4.37 billion since mid-May. Bitcoin fund assets have fallen from $104.29 billion to $82.83 billion, and the ETF share of bitcoin's market capitalization has slipped to 6.36%.

Roughly $1.8 billion of leveraged positions were liquidated in 24 hours on Tuesday, closing out more than 272,000 traders, as US spot bitcoin ETFs recorded a second straight outflow above $480 million.

Stellar's XLM rose 40.4% on the first trading day of June, lifting its market capitalization above $9.6 billion on $2.3 billion of spot turnover, after an integration with the DTCC's tokenization work. The broader market opened the month lower, with US spot bitcoin ETFs shedding $483.8 million.

The XRP Ledger officially activated the fixCleanup3_1_3 amendment on May 27, 2026. While core developers describe the release as a vital infrastructure cleanup, the strict rollout schedule triggered…

The Ethereum Foundation (EF) is currently changing its operational setup after several high-profile departures. Between February and May 2026, at least eight senior contributors and researchers left or…

The Anza development team recently launched a major network update on the testnet. This new Solana Alpenglow upgrade radically overhauls core network protocols. Consequently, it slashes block finality…

The crypto market speaks its own wild language. If you drop into a casual chat on X or open up a market report, you’ll stumble over terms every…