Today’s Top Caps
BTC $87K (-1%)
ETH $2922 (-1.1%)
USDT $1
BNB $840 (-0.7%)
XRP $1.85 (-1.4%)
Source: Coinmarketcap
Today's Top Gainers
CC, PIPPIN, SKY, ZEC, CRV
Source: Coinmarketcap 24HR Top100
Top ETF Tracker
BTC -188M, ETH -95M,
SOL +4M, XRP +8M.
Source: Coinmarketcap / Coinglass
Today's Top Headlines
24H LIQUIDATION UPDATE
$234.9 M was liquidated in the last 24 hours as Bitcoin fell below $87K. $169.7M came from LONGS and $65.21M from SHORTS.
Source: Coinbureau
Polymarket said that multiple user accounts recently suffered fund losses due to a security vulnerability in a third-party authentication service.
The issue has been fixed and no ongoing risk remains. Some users reported on social media that their funds were drained after abnormal login attempts. User feedback suggests that affected accounts were mostly registered via Magic Labs, though Polymarket did not name the service provider or disclose the number of affected users or the amount lost.
Source: TheBlock
Aster DEX Human Vs AI Battle Final Update.
The competition ended yesterday and the final results are in. Top spot and 100K in prize money went to Promint_X who finished with +13K PNL.
-
Promint_X +13K
-
Traderxiaoxia +12K
-
Romanson00 +12K
-
Zbskate1 +12K
-
Trader_Liu +11K
The highest place AI was Claude Sonnet 4.5 Aggressive, who finished in 8th place on +8K.
Team battles ended with Humans -225K vs AI -13K, with a massive 30 Humans being liquidated, however no AI were liquidated.
Source: AsterDEX
Metaplanet’s board approved a plan to further purchase Bitcoin, targeting 210k BTC by the end of 2027.
The company will expand Class A and B share issuance, add floating-rate features and quarterly dividends, grant a 130% issuer call and IPO-related put rights to Class B preferred shares, and allow issuance of Class B shares to overseas institutional investors.
Source: WuBlockchain
You can subscribe to Your Daily Crypto on Substack
VC Valuation vs. Current Market Cap
During bull runs and narrative hype, VCs tend to overprice projects and assign aggressive valuations. However, once sentiment fades or the narrative loses traction, most projects get a reality check and the market resets those euphoric numbers.
Some examples are, Humanity Protocol, with a first-round valuation of $1 billion, now has a market cap of $285 million; Fuel Network, valued at $1 billion in the first round, now has a market cap of $11 million; Plasma, valued at $500 million in the first round, now has a market cap of $224 million; and Camp Network, valued at $400 million in the first round, now has a market cap of $15 million.
Source: CryptoRank X
According to CoinGecko data, after Binance launched the 20% APY promotion for up to $50k USD1 per user at noon today, the supply of USD1 surged by over 45.6 million tokens within a few hours, bringing its total market cap to over $2.79 billion.
USD1 is a stablecoin launched by World Liberty Financial, a project backed by the Trump family.
Source: Coingecko
An Ethereum ICO wallet dormant for 10+ years just moved 2K $ETH worth $5.85M, a $620 investment turned into a 9,435x return.
Source: Lookonchain
Until Next Time, Stay Frosty!
You can get exposure to Bitcoin and Ethereum ETF's and get a Free Share on Freetrade
