Liquid State · News & perspective
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The developing story
US spot Bitcoin ETFs shed a record $4.5 billion in June 2026 — their worst month since the category launched in January 2024, and roughly 29% above the prior record of $3.48 billion set in February 2025. BlackRock's I…
The Ethereum Foundation announced a restructuring in late June 2026 that cuts 54 positions — roughly 20% of staff — and trims its annual budget by about 40%, moving from spending near 15% of its remaining treasury per…
On June 29, 2026, Strategy (formerly MicroStrategy) — the largest corporate Bitcoin holder with approximately 843,738 BTC — adopted its 'Digital Credit Capital Framework,' authorizing up to $1.25 billion in Bitcoin mo…
Between June 25–29, 2026, Bitcoin fell to a 20-month low near $58,000 before rebounding above $61K, driven by a $1.6B liquidation cascade across leveraged derivatives markets. Key structural factors: seven consecutive…
House read: the dated crypto print still holds.
The September CPI report comes out on Wednesday, with economists expecting a sizable increase in the headline number but a softening in the core rate.
Bitcoin bounced back from an early dip as ZEC, HYPE and SOL led altcoin losses. JPMorgan fell after kicking off U.S. earnings season.
The decision concerns 61,000 BTC seized by the Metropolitan Police in its investigation into Zhimin Qian, who pleaded guilty to defrauding thousands of people in China.
$SOL broke below $108.00 support on the 4H chart and now sits at $107.38, down 4.01%. The next structural floor is $98.20, 91 points lower.
$APT has reclaimed $0.8230 resistance on the 4H chart and now trades at $0.8577. The next key structural level sits at $0.8750 if buying pressure persists through this session.
A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions on-chain.
About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chip-stock contracts on crypto exchanges took a chunk of the damage.
From the archive · Selected reading
