Author: AltCoinDrops.com
On July 1, dYdX launched Arcus on the Robinhood Chain. Arcus is a decentralized exchange that supports tokenized equities and perpetual futures. Following the reveal of Arcus, trading volume soared over 650%, and the price of DYDX dropped to $0.138, representing a 23% decrease in value during those 24 hours. The introduction of Arcus fundamentally alters how companies compete in decentralized derivatives trading. It offers traders a way to trade tokenized stocks 24/7 and trade options that have much larger potential payout values against previously existing “crypto-only” trading options. The Arcus platform will give users access to 95 tokenized equity…
Long traders bore the brunt of the damage when over $382,000 in Shiba Inu futures positions were liquidated in a single day, with $365,660 wiped from bullish bets and just $17,320 lost on the short side. Related Reading That wave of forced closures came as a long-dormant SHIB wallet suddenly came back to life after nearly 10 months of silence, drawing fresh attention to a token already under pressure. A Wallet Empties Out Data from Arkham Intelligence shows the wallet began its return with a test run — a small 10 million SHIB transfer through a MetaMask swap. After that,…
Bitcoin has remained under pressure after U.S. spot ETFs recorded $222.64 million in outflows, while Changpeng Zhao has reiterated his belief that the cryptocurrency can reach $1 million over the next decade. Summary Changpeng Zhao says Bitcoin could reach $1 million as global ownership remains below 1%. U.S. spot Bitcoin ETFs recorded $222.64 million in net outflows, led by BlackRock’s IBIT. Bitcoin trades below key resistance, with $57.8K support and $63.7K–$65.3K as upside targets. According to an interview Zhao gave to Block, the Binance founder argued that Bitcoin ownership remains extremely limited worldwide, with fewer than 1% of people currently…
Crypto exchange balances saw a notable withdrawal wave heading into July 1, with USDC and Bitcoin leading approximately $850 million in net outflows from centralized platforms. The move adds another layer to a market already watching liquidity, ETF flows, and investor positioning closely. TL;DR Centralized exchanges reportedly saw around $850 million in net withdrawals over 24 hours. USDC led stablecoin outflows with about $503 million leaving exchanges. Bitcoin recorded around $352.7 million in net withdrawals over the same period. Exchange outflows are wallet movements, not direct evidence of spot buying or selling. Exchange flows are useful because they show where…
TL;DR Ethereum’s staking rate has climbed above 33% for the first time, setting a new all-time high. Around 33.06% of the total ETH supply is now locked in staking, reducing the liquid supply in circulation. A newly created wallet withdrew 9,876 ETH worth $15.4 million from Binance and staked the entire amount. Ethereum price continues to hold above the $1,550 support level, while $1,700 remains a key resistance to watch. Ethereum staking participation has reached a new milestone, with the network’s staking rate climbing above 33% for the first time since the Merge upgrade. According to CryptoQuant data, approximately 33.06%…
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The U.S. Commerce Department would have more authority to shield domestic artificial intelligence technology from the supply chains of foreign adversaries in a bill introduced Tuesday by two Republican senators who’ve been at the center of crypto legislation in this congressional session: Tim Scott and Bill Hagerty.The new bill would give Commerce the ability to block “transactions involving technology designed, developed, manufactured, or supplied by persons owned, controlled, or directed by foreign adversary countries.” But it’s being pushed by the two Republicans as this session of Congress is winding toward the summer break and midterm elections, leaving it little opportunity…
TLDR: Chainlink holder count climbed to 892.8K Ethereum wallets after adding more than 8K holders in five days. Recent wallet growth accelerated sharply and pushed LINK closer to the 900K holder milestone. Santiment linked the increase to growing interest in tokenized assets and institutional blockchain projects. LINK holder growth continued even while the token traded near recent local price lows. Chainlink has surpassed another important adoption milestone amid the recent surge in wallet growth over the last few days. The network now has 892,800 non-empty Ethereum wallets, which have swelled by over 8,000 in the last five days, according to…
A Pump.fun token airdropped to a famous trader’s wallet is up tens of thousands of percent in days. Here is the honest version: this is a high-risk memecoin with no product, and most tokens like it go to zero. Summary The Black Bull (ANSEM) is a Solana memecoin launched on Pump.fun in mid-June 2026, trading near $0.13 with a market cap around $56 million after a move of roughly 26,000% in a week. The token was not created by the trader it is named after. An anonymous developer airdropped a large share of the supply to the wallet of Ansem,…
Google Gemini AI just attached a number to Sandisk that treats one of the wildest charts and price prediction of the entire AI boom as still having real room left to run. The model predicts $2,650 by the end of 2026, a fresh high for a stock that has already turned heads across Wall Street this year.The bull case is built around a genuine business transformation rather than just speculative momentum. Sandisk has positioned itself as the premier AI breakout of the year, continuing to track that way ever since its historic spinoff from Western Digital. The company has capitalized…