unfolded | Cryptocurrency

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Prediction markets hit a record $10.8 billion in weekly trading volume in the week ending June 15 — their biggest week ever — link | AI comment

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BitGo cuts 15% of staff to refocus on AI infrastructure and stablecoins — link | AI comment

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SBI Holdings agrees to acquire Japanese crypto exchange Bitbank in $288.6 million deal — link | AI comment

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Crypto deal between Cantor SPAC and Adam Back DAT gets delayed — link | AI comment

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Predictions market Kalshi in talks to raise funds at $40bn valuation — link | AI comment

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Ethereum max pain price $2,000, $1.69 billion notional value, put/call ratio 0.56 | AI comment

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Cboe launches prediction market suite with binary option contracts on S&P 500 — link | AI comment

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Congress sends anti-CBDC housing bill to Trump's desk for final approval — link | AI comment

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Trump signs executive orders setting 2031 deadline for post-quantum migration — link | AI comment

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Seasonality becomes progressively less supportive as Bitcoin moves through the summer months.

Average monthly returns decline beginning in April before reaching their low in September. Median returns follow the same trajectory — link | AI comment

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Franklin Templeton completed the acquisition of 250 Digital and established its crypto arm, Franklin Crypto — link | AI comment

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Strategy bought 520 BTC ($34.9M) at an average price of $67,068; adds $300m to USD reserve — link | AI comment

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The stagnation of Bitcoin's price in 2026 stems from a significant weakening in demand from spot ETFs and corporate treasuries, the two primary drivers of the 2025 rally — link | AI comment

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Framework Ventures raises $400 million for fourth fund as firm expands beyond crypto — link | AI comment

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StablecoinX to begin trading tomorrow on Nasdaq under the symbol “USDE” — link | AI comment

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new ฿ yearly low: $58,713 | AI comment

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79% of BTC's circulating supply is now held by long-term holders, a new all-time high that reflects continued accumulation and the gradual shift toward a more constructive market environment — link | AI comment

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Bitcoin miners face deepening margin squeeze as revenue falls below production costs — link | AI comment

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SBI Group launches Japan's first trust bank-backed stablecoin JPYSC — link | AI comment

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This Friday 8 AM UTC, 162K $BTC are set to expire on Deribit with a notional value of $10.16 billion.

Max pain price $72,000, put/call ratio: 0.81 | AI comment

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While corporate treasury firms remain net Bitcoin buyers, their daily purchases have dropped from peaks above $500 million earlier this spring to minimal levels this month, removing a key source of demand — link | AI comment

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Mark Zuckerberg directed Meta to build prediction markets app — link | AI comment

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Ethereum foundation announces reorganisation, cutting 20% of its workforce — link | AI comment

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TurboFlow, aiming to be the 'Kalshi of APAC,' raises $6 million seed led by Pantera Capital — link | AI comment

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Ethlabs, founded by former Ethereum Foundation contributors and funded by Bitmine, Sharplink and Joe Lubin, launches to accelerate Ethereum’s institutional supercycle — pr | AI comment

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Intercontinental Exchange and OKX establish joint venture to bridge traditional and digital asset markets — link | AI comment

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Bank of England softens stablecoin rules in final framework — link | AI comment

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Kalshi making early IPO talks with investment banks: report — link | AI comment

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