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Crypto's Worst Week Since July 2024, Over .2 Billion in Positions Liquidated

Crypto’s Worst Week Since July 2024, Over $1.2 Billion in Positions Liquidated

Crypto markets post their worst weekly performance since July 2024, with Bitcoin dropping toward or below $60,000, Ethereum approaching key support zones, and more than $1.2 billion in leveraged positions wiped out amid heavy ETF outflows, strong U.S. jobs data, and broader risk-off sentiment.

Bitcoin fell sharply this week, trading near or below the $60,000 psychological level — its weakest prints in months — as the broader market shed significant value. Ethereum plunged more than 12% on the day in some reports, approaching critical technical support amid the selloff. Liquidations exceeded $1.2 billion (with some sessions topping $1.7–1.8 billion), overwhelmingly hitting l…

Weekly Snapshot  – Bitcoin Under Pressure as Geopolitics and Outflows Weigh on Crypto

Bitcoin trades near $73,000 as June opens with lingering downside from U.S.-Iran tensions and sustained ETF outflows. Markets remain in a corrective phase after 2025 highs, with sentiment in extreme fear. The dominant story is persistent Bitcoin ETF outflows and geopolitical volatility from U.S.-Iran developments. Record streaks of negative flows—exceeding $2.8B recently—…

Major U.S. Banks, Including JPMorgan and Citi, Plan Shared Tokenized Deposit Network to Compete With Crypto
Major U.S. banks plan a tokenized deposit network operated by The Clearing House, targeting launch in first half of 20…
Bitmine Launches 9.5% Preferred Stock Offering to Fuel Ethereum Treasury Strategy Amid  Billion Unrealized Losses
Bitmine plans to raise up to $300 million through 3 million shares of 9.5% Series A Perpetual Preferred Stock. Proc…

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A blue tech-themed image showing the ZeroGPT logo below a stylized white brain, half circuit board and half human brain, symbolizing AI detection and digital content verification.
CASPER, WYOMING, UNITED STATES — May 18, 2026 — Olive Works, the technology company behind the AI content detection platform ZeroGPT, has significantly broadened the scope of its platform to move beyond AI-generated text detection, introducing an AI image detection capability through a strategic partnership with TruthScan, alongside a major upgra…

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Earn Double-Digit Returns with Stablecoins Using Apyx’s New Divid…

What is Apyx? Apyx is a pioneer in the decentralized finance (DeFi) space, introducing the concept of a Dividend-Backed Stablecoin (DBS). Instead of backing its stable assets with low-yield traditional instruments like standard fiat bank deposits or short-term U.S. Treasury…

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The Zcash Orchard Vulnerability

The Zcash Orchard Vulnerability

On May 29, 2026—one day after Anthropic released its powerful Opus 4.8 model—a security researcher named Taylor Hornby made a discovery that sent shockwaves through the Zcash ecosystem. Hired by Shielded Labs specifically to hunt for protocol weaknesses before malicious actors could, Hornby used t…

Upcoming ICOs/IDOs for June 2026

Curated list of the hottest launches.

Seasonality and Regulatory Breakthroughs

As June 2026 begins, the global financial landscape is characterized by a high degree of geopolitical uncertainty, driven primarily by escalating military conflicts in the Middle East. Reports of suspended communications between Tehran and Washington, coupled with threats of a full closure of the Strait of Hormuz…




ICO Name Date Launch Type Description Website
Aether Link June 2, 2026 IDO (Poolz) DePIN Cloud Computing & AI Scaling aetherlink.io
Kakarot zkEVM June 5, 2026 Token Launch EVM Zero-Knowledge Infrastructure kakarot.org
Mocaverse June 10, 2026 Public Sale Web3 Consumer Identity & Network mocaverse.xyz
MonadPad June 12, 2026 IDO (DAO Maker) Monad-native Launchpad & DEX Hub monadpad.io
Elys Network June 15, 2026 Public Sale Cosmos-Native Perpetual DEX Hub elys.network
Nubit June 18, 2026 TGE / Launch Bitcoin-native Data Availability Layer nubit.org
SatoshiSync June 22, 2026 IDO (Seedify) Cross-Chain BRC-20 Liquidity Routing satoshisync.com
Aethir June 26, 2026 Public Sale Decentralized GPU Cloud Network aethir.com
Plume Network June 29, 2026 IDO (ChainGPT) RWA Yield & Asset Tokenization L2 plumenetwork.xyz

People in Crypto

In a notable shift for one of cryptocurrency’s most vocal advocates, Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), addressed potential Bitcoin sales during the company’s Q1 2026 earnings call. While the firm has built its reputation on aggressive, never-sell accumulation…

Crypto Mining Guild Unites Global Data Operators to Unpack the Great Mining and High-Performance Compute Pivot

Crypto Mining Guild Unites Global Data Operators to Unpack the Great Mining and High-Performance Compute Pivot

As traditional digital asset mining collides with the global demand for machine learning infrastructure, Crypto Mining Guild is set to play co-host t…
Web3 AI Conference - 2026

Web3 AI Conference: A New Business Event Format — May 23, Nizhny Novgorod

On May 23, the historic DKRT mansion in Nizhny Novgorod will host the Web3 AI Conference, an event designed to redefine the business forum experience.
Incrypted Conference 2026: Ukraine's Premier Crypto Event Returns to Kyiv this June

Incrypted Conference 2026: Ukraine’s Premier Crypto Event Returns to Kyiv this June

Kyiv is set to host the fourth Incrypted Conference 2026, the largest crypto event in Ukraine and Eastern Europe.
Global Games Show Riyadh Unveils Star-Studded Speaker Lineup of Gaming Legends and Industry Leaders

Global Games Show Riyadh Unveils Star-Studded Speaker Lineup of Gaming Legends and Industry Leaders

These leaders will discuss the future of e-sports and gaming on topics such as game development in Web3.

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