Cryptocurrency News

Ethereum whales pulled 50,000 ETH off exchanges as the ETH/BTC ratio jumped 6%

Bitcoin remains under pressure, but the collapsing crypto discussion could leave room for whales to drive the next market move.

Summer.fi will wind down operations after a $6.04 million exploit hit its Lazy Summer Protocol on July 6, wiping out the capital the team needed to rebuild. The five-year-old Decentralized Finance (DeFi) platform said the app will remain live until August 31. Summer.fi Closes Doors as July 6 Exploit Wipes Out Rebuild

SpaceX stock nears its IPO price as August earnings approach, a date that also triggers the first wave of insider share unlocks.

The White House promoted a new $1 Trump gold coin, sparking confusion with the TRUMP memecoin, which dipped near $1.56.

Arthur Hayes bought over 1,900 ETH in a day, reversing course weeks after selling 6,000 ETH at a loss.

The Bank of Korea raised its benchmark rate to 2.75% on Thursday, marking its first increase since January 2023 as consumer inflation climbed to a three-year high. The decision lands as South Korea’s stock market swings violently, with chipmakers SK Hynix and Samsung Electronics leading steep losses on Thursday.

SK Hynix shares dropped 9.89% in Seoul as the KOSPI triggered its 37th sidecar of 2026 during a chip stock selloff.

Peter Schiff attacked Bitcoin and Michael Saylor on July 15, predicting a slide to $20,000 (nearly 70% below current prices) and questioning MicroStrategy’s decision to sell stock rather than BTC. The economist argues that Saylor is trapped and that holders who refuse to sell today will regret it soon. Schiff Targets

Trump meme coin team may deploy 96 million tokens worth $150 million as TRUMP trades 98% below its January 2025 peak.