Cryptocurrencies

The price of the leading cryptocurrency remains 15% below its true average market value of $77,200. According to analysts at Glassnode , on-chain metrics point to a continuation of the bearish trend. Short-term holders have not yet broken even. The MVRV ratio for this group rose from 0.81 to 0.9 but remains below the critical level of 1. On average…

Elon Musk bought Anysphere — the developer of Cursor, a popular AI coding tool — for $60 billion, using SpaceX shares . The deal closed just days before Anthropic's stock market debut. According to an author named Ricardo (the owner of a content agency for founders in finance and technology), this strikes at one of the key revenue sources for Anthropic…

CryptoQuant analysts reported the first signs of Bitcoin accumulation by large players. At the same time, the altcoin segment remains under the strongest selling pressure since 2020, and Santiment believes that excessive optimism among market participants could become a restraining factor for any further rally. Whales have begun accumulating Bitcoin According to…

Star Xu, founder and head of the OKX crypto exchange, said that the regulation of Binance worldwide is one of the best things to happen to the crypto industry. In his view, the era of regulatory arbitrage, on which the largest global exchange built its advantage for years, is coming to an end. The trigger was a Reuters report on June 16 that the Greek regulator HCMC may…

The Hyperliquid exchange has faced a wave of criticism over the way it applied British sanctions against the HTX crypto exchange. According to a user with the handle as required, the platform chose the harshest interpretation of the sanctions and is blocking wallets that only indirectly came into contact with HTX. Addresses linked to Bybit may also be affected. The trigger was the sanctions…