Exchange Stablecoin Reserves Drop 20% as Bear Market Drains Liquidity
Stablecoin reserves parked on centralized exchanges have shrunk to roughly $64 billion, down about $16 billion from a late-2025 peak near $80 billion, CryptoQuant data shows. The drain leaves less idle capital sitting ready to buy. What remains has pooled into fewer venues, with Binance alone accounting for 68.5% of exchange stablecoin liquidity. Binance…
Bitcoin Back Above $100K? Scaramucci Says the 2028 Halving Holds the Key
SkyBridge's Anthony Scaramucci expects Bitcoin to return above $100,000 as the next halving approaches, despite BTC currently trading around $64,000.
Unitree Stock Opens 629% Higher After Crypto Traders Underpriced Its Debut
Unitree Robotics stock opened 629% above its IPO price in Shanghai on Wednesday, overshooting the valuation crypto derivatives traders had priced into pre-IPO perpetual futures. The Hangzhou company raised about 6.1 billion yuan, or $905 million. Its stock opened at 1,100 yuan against an offer price of 150.8 yuan, then pared gains to 968.1 yuan.
Despite Strategy Woes, 12 of 15 MSTR Institutional Holders Added Shares in Q2
Strategy's Q2 13F filings show 12 of its 15 largest institutional holders added MSTR shares despite the firm's Bitcoin sales.
Wintermute: Bitcoin Range Breakout Delayed by ETF Outflows and Miner Selling
Bitcoin's muted response to softer rate-hike expectations has raised questions about its near-term demand.
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