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Grayscale’s leverage stress test reveals basis trade unwinds – not macro selling – futures positioning cleansed

Althea Burnett1 month ago5 min read

Bitcoin basis trade unwind clears futures positioning Grayscale’s latest stress-test framing points to a basis trade unwind rather than broad macro selling, with futures positioning now…

Sky’s $6B Pendle bet overlooks 30‑day outflow in underlying stablecoin pool

Wyatt Newson1 month ago5 min read

Sky’s Pendle bet lifts $6B pool as outflows linger Sky’s new fixed-yield product on Pendle is aimed at a $6.16 billion sUSDS pool, but the underlying…

BTC mortgage launch coincides with stablecoin supply stagnation – liquidity fragmentation ahead

Leo Nomist1 month ago6 min read

BTC mortgage launch meets stablecoin supply plateau Coinbase and Better Home & Finance on June 4 funded the first Fannie Mae-backed mortgage secured by Bitcoin in…

Layer 2s quietly consolidate as general-purpose chains lose institutional backing

Ethan Glober1 month ago6 min read

Layer 2s Consolidate as Base and Arbitrum Gain Share Layer 2s have entered a consolidation phase in 2026, with Base and Arbitrum capturing the bulk of…

Tom Lee’s $250K target ignores retail liquidity draining from exchanges

Cabel Dioli1 month ago5 min read

Tom Lee’s $250K Bitcoin target runs into exchange liquidity drain Tom Lee’s recurring $250,000 Bitcoin target is colliding with a tighter near-term supply picture as available…

Professional ETF outflows mask rising per‑holder accumulation – miner capitulation threshold nears

Bernard Nicolai1 month ago5 min read

Bitcoin ETF Outflows Mask Holder Accumulation Spot Bitcoin ETF outflows have remained a visible drag on near-term sentiment, but the broader picture is more mixed: a…

Crypto billionaires donate $9.4 million to Reform UK in Q1

Daisy Hodley1 month ago6 min read

Crypto billionaires donate $9.4 million to Reform UK in Q1 Nigel Farage’s Reform UK received about £7 million, or $9.4 million, from two crypto billionaires in…

Ethereum layer-2 transaction volume hits 30-day high

Bitro Conwell1 month ago5 min read

Ethereum L2 transaction volume hits 30-day high on Base surge Ethereum layer-2 transaction volume rose to a 30-day high as activity across the scaling ecosystem accelerated,…

Quantinuum stock rises 13% in $1.68 billion IPO debut

Daniel Lycon1 month ago5 min read

Quantinuum stock rises 13% in $1.68 billion IPO debut Quantinuum stock rose 13.3% in its Nasdaq debut on June 4, pricing at $68 after the Honeywell-backed…

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