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Hyperliquid whales accumulate over $17M HYPE – Is supply tightening?

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Hyperliquid whales accumulate over $17M HYPE - Is supply tightening?


Hyperliquid [HYPE] whale accumulation intensified after several large investors increased their exposure through a series of sizable transfers that drew attention across the market. 

Fansara Capital’s wallet 0x644 received 146,853 HYPE worth approximately $10 million from FalconX. 

Shortly afterward, a newly created wallet received another 108,000 HYPE valued at roughly $7.3 million from the same source.

Together, the transfers moved more than 254,000 HYPE into private wallets, highlighting continued interest from large holders despite recent price fluctuations. 

Tokens kept leaving exchanges

Exchange withdrawal activity remained dominant as spot netflows stayed negative. 

Data from the spot inflow and outflow chart showed a netflow reading of negative $459.11K on the 19th of June, indicating that outflows exceeded inflows during the session. That trend aligned with the whale transactions observed on-chain. 

Rather than moving tokens toward exchanges, market participants removed more HYPE from trading venues. As a result, exchange-held supply declined while private wallet balances increased. 

Recent sessions also recorded several negative netflow readings before a brief recovery, suggesting that the broader withdrawal trend remained intact. 

While netflows alone did not determine future price direction, persistent exchange outflows reflected lower immediate selling pressure because fewer tokens remained available for trading.

Source: CoinGlass

Bulls absorbed the largest losses

Liquidation data revealed that bullish traders endured the majority of losses during HYPE’s recent retracement. Total long liquidations reached approximately $1.65 million on the 19th of June, while short liquidations stood near $116.45K.

The imbalance suggested that many leveraged traders entered positions during the rally toward resistance and later faced forced closures as the market pulled back. 

Exchange-specific data supported that trend. Hyperliquid recorded roughly $698.06K in long liquidations, while Binance registered about $533.75K. Several other exchanges also reported elevated long-side losses.

Despite the heavy liquidation activity, bearish traders did not gain a decisive advantage because short liquidations remained relatively limited. Instead, the data pointed to a leverage reset that removed aggressive long exposure from the market. 

Such conditions could create a healthier market structure if demand returns after excess leverage leaves the system.

Source: CoinGlass

Can HYPE reclaim $75 next?

Price action remained constructive despite the decline from resistance near $75. 

HYPE defended the $64 support zone and traded around $66.93 at the time of analysis, preserving a higher-low structure on the daily chart.

The MACD also reflected improving conditions. The MACD line remained above the signal line, posting readings of 3.16 and 2.92, respectively. 

In addition, the histogram stayed in positive territory, indicating that bullish strength had not fully disappeared despite the recent pullback. 

Earlier in June, HYPE rebounded from the $52.78 support area before advancing toward resistance. 

Sellers later emerged around $75 and triggered a correction, yet buyers maintained control of the broader structure by defending key support levels. 

HYPE price actionHYPE price action
Source: TradingView

If buyers continue protecting the $64 zone, HYPE could challenge the $75 resistance area again. 

However, if sellers push the token below support, HYPE could revisit lower demand zones before another recovery attempt develops.


Final Summary

  • Whale purchases and exchange outflows reduced available HYPE trading supply.
  • Long liquidations surged, yet buyers continued defending the $64 support.



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GoMining challenges Jack Dorsey’s Square with a pure BTC payment rail

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GoMining challenges Jack Dorsey's Square with a pure BTC payment rail

Bitcoin mining company GoMining said it is making it easier for companies to accept bitcoin payments, bringing it into competition with companies including Block’s (XYZ) Square.

Where GoMining says it differs from incumbents is that the entire transaction is completed in bitcoin. Many competitors, including Square, allow customers to pay in bitcoin while delivering fiat currency to the retailer. GoMining retailers who want fiat will need to handle the conversion themselves.

“Our idea isn’t to squeeze bitcoin into the old fiat experience and lose what makes it bitcoin along the way,” CEO Mark Zalan said in an interview over Telegram. “It’s to solve the real problems with BTC payments the high and variable fees, the slow and unpredictable settlement, while preserving non-custody and onchain finality.”

GoMining’s software development kit (SDK) and application programming interfaces (API) for its BTC payment protocol GoBTC Pay, unveiled Friday, enable retailers to access its GoBTC Pay system. The company plans to recruit an initial 10 merchants as part of the rollout, it said.



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Best CD rates today, Friday, June 19, 2026: Up to 4.20% APY return

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Best CD rates today, Friday, June 19, 2026: Up to 4.20% APY return


See which banks are currently paying the highest CD rates. If you’re looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely. Learn more about CD rates today and where to find high-yield CDs with the best rates available.

Today’s CD rates vary quite a bit. In general, however, CD rates have been declining for quite some time due to the Fed’s decision to cut its benchmark rate three times in the latter part of 2024 and three times in 2025. Even so, with the Fed leaving rates unchanged so far in 2026, some banks are still offering competitive CD rates.

For institutions offering competitive rates, top rates reach about 4% APY. This is especially true for shorter terms of one year or less. 

Today, Friday, June 19, 2026, the highest CD rate is 4.20% APY. This rate is offered by United Fidelity Bank on its 2-year CD.

Here is a look at some of the best CD rates available today from our verified partners:

Compare these rates to the national average as of June 2026 (the most recent data available from the FDIC):

Compared with today’s top CD rates, national averages are much lower. This highlights the importance of shopping around for the best CD rates before opening an account.

Online banks and neobanks are financial institutions that operate solely via the web. That means they have lower overhead costs than traditional brick-and-mortar banks. As a result, they’re able to pass those savings on to their customers in the form of higher interest rates on deposit accounts (including CDs) and lower fees. If you’re looking for the best CD rates available today, an online bank is a great place to start.

However, online banks aren’t the only financial institutions offering competitive CD rates. It’s also worth checking with credit unions. As not-for-profit financial cooperatives, credit unions return their profits to customers, who are also member-owners. Although many credit unions have strict membership requirements that are limited to those who belong to certain associations or work or live in certain areas, there are also several credit unions that just about anyone can join.

Whether or not you should put your money in a CD depends on your savings goals. CDs are considered a safe and stable savings vehicle — they don’t lose money (in most cases), are backed by federal insurance, and allow you to lock in today’s best rates.

However, there are some drawbacks to consider. First, you must keep your money on deposit for the full term, otherwise you’ll be subject to an early withdrawal penalty. If you want flexible access to your funds, a high-yield savings account or money market account might be a better choice.

Additionally, although today’s CD rates are high by historical standards, they don’t match the returns you could achieve by investing your money in the market. If you’re saving for a long-term goal such as retirement, a CD won’t provide the growth you need to reach your savings goal within a reasonable time frame.

Read more: Short- or long-term CD: Which is best for you?



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Franklin Templeton proposes new funds that turn dividends into BTC: Crypto Daily

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Franklin Templeton proposes new funds that turn dividends into BTC: Crypto Daily

If approved, the ETFs could begin trading as early as September. While regulatory approval is not guaranteed, the filing signals growing institutional comfort with marrying traditional equities and cryptocurrency in regulated wrappers.

These filings follow the recent debut of BlackRock’s Income ETF, which allows institutions to monetize cryptocurrency’s volatility. The 11 spot bitcoin ETFs in the U.S. have pulled in more than $53 billion in investor capital since their inception in 2024, according to SoSoValue data.

Taken together, these developments point to continued institutional appetite for bitcoin despite the bear market. The BTC price peaked at $126,000 in October last year and was recently trading below $62,500.

The price has dropped by over 2% in the past 24 hours.

“The bulls still have some hope, as a formal break of the trend would require the price to settle below previous lows near $61.5K. Even in this scenario, the price decline could stall in the $59–60K range, which represents this year’s most critical support level,” Alex Kuptsikevich, chief market analyst at the FxPPro said in an email.

A market holiday in the U.S. on Friday for Juneteenth may lead to thin liquidity and erratic price moves. Stay alert!

Read more: For analysis of today’s activity in altcoins and derivatives, see Crypto Markets Today . For a comprehensive list of events this week, see CoinDesk’s “Crypto Week Ahead.”



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Keyera Bets on Montney Growth With Pipeline Buyout

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Keyera Bets on Montney Growth With Pipeline Buyout


Keyera Corp. has completed the acquisition of the remaining 50% stake in the KAPS Pipeline from infrastructure investment firm Stonepeak for C$1.215 billion, consolidating ownership of one of Western Canada’s most important natural gas liquids transportation systems.

The Calgary-based midstream company said the transaction closed immediately upon signing and gives Keyera full ownership and operational control of the pipeline network, which transports condensate and NGLs from the rapidly expanding Montney and Duvernay shale plays to downstream markets.

The KAPS system has become increasingly important as producers in the Montney and Duvernay continue to boost liquids-rich natural gas production. Keyera said it has secured more than 120,000 barrels per day of additional commitments across KAPS Zones 1 through 4 since 2025, supporting long-term contracted revenue growth.

The acquisition comes as construction of KAPS Zone 4 remains on schedule and on budget, with the expansion expected to enter service in mid-2027. The project is designed to accommodate growing volumes from Western Canada’s most active unconventional resource basins.

Keyera expects the deal to be accretive to distributable cash flow per share over the next several years and said the pipeline should generate significant free cash flow through the end of the decade following completion of Zone 4. The company estimates the transaction represents an acquisition multiple of roughly 11 times projected 2029 EBITDA based on currently contracted volumes.

The company also raised its growth outlook, increasing its targeted fee-based adjusted EBITDA per share compound annual growth rate for 2025-2027 to 16%-18%, up from its previous guidance of 15%-17%. Its longer-term growth target of 7%-8% annually between 2027 and 2029 remains unchanged.

A key attraction of the asset is its stable, contracted revenue profile. Keyera said approximately 75% of KAPS cash flow is backed by take-or-pay agreements, while customer contracts have an average remaining term of around 12 years.

To finance the acquisition, Keyera announced a C$525 million bought-deal equity offering and initially funded the purchase through existing credit facilities. The company said it expects to remain within its target leverage range of 2.5x to 3.0x net debt-to-adjusted EBITDA by 2028, preserving its investment-grade balance sheet.

The deal underscores continued investment in Canadian energy infrastructure as producers expand liquids production from the Montney and Duvernay formations, two of North America’s most prolific unconventional hydrocarbon regions. Full ownership of KAPS also strengthens Keyera’s integrated midstream network, which includes gas processing, NGL transportation, storage and marketing assets across Western Canada.



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Ethereum Foundation loses another top executive: Co-director Hsiao-Wei Wang exits

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Ethereum Foundation loses another top executive: Co-director Hsiao-Wei Wang exits


Ethereum Foundation leadership exodus continues with Hsiao-Wei Wang, the co-director, being the latest to exit the organization. 

Her departure follows fellow co-director Tomasz Stanczak, who exited the Foundation in February. 

Wang has been with the organization for nearly a decade. Before calling it quits, she recently took a sabbatical, leaving Bastian Aue, the interim co-director, to handle the load during her absence. She added

During my break, Bastian Aue guided the transition with care and thoughtfulness. Over time, I’ve come to feel that this is the right moment for me to step back.

Bastian Aue now remains as the sole executive director at the organization after two co-directors left. But Wang and Stanczak are not the only high-profile exits. 

Ethereum Foundation exodus: 19 layoffs and departures

For the unfamiliar, Stanczak stepped down after less than a year as the co-director. John Stark, another executive team member who handled operations and writing, left in April 2026. 

On the protocol and core research segment, Tim Beiko (protocol lead) also left a month later in May 2026. Another key figure, Barnabe Monnot (former lead developer), also exited last month. 

Other key players, such as Carl Beekhuizen (senior protocol researcher), Julian Ma (research scientist), Tren Van Epps, Pablo Voorvaart, and Alex Stokes (protocol research co-lead), all left in May 2026.

Overall, estimates suggest that about 18 people have exited the Ethereum Foundation. This has coincided with Vitalik Buterin, the network co-founder, calling for a ‘lean Ethereum’ that does not compromise security for speed. 

In fact, Buterin envisioned a reduced role for EF in the future and expected other players to help shape Ethereum’s vision. Still, there is a lot of unfinished work, with Glamsterdam as the next upgrade. 

Assessing potential impact on ETH

Whether the string of exits will complicate Glamsterdam and other upgrades remains unclear. Rejamong, a research analyst at Four Pillars, also questioned whether EF could deliver on these upgrades. 

Can the EF push the current roadmap far enough before its remaining influence, funding, and human capital run down?

He added,

In the worst case, a core task like the quantum transition stalls half-finished while the EF that was supposed to drive it has already shrunk.

Ethereum Foundation
Source: X

He warned that Ethereum may end up moving slowly and conservatively like Bitcoin. And this would eventually impact how investors view ETH’s value.

As of writing, ETH traded at $1.7K, effectively flipping from a ‘neutral’ to a ‘fear’ level of 35 following the broader crypto market correction. It was not clear whether the Ethereum Foundation update contributed to the negative market sentiment. 

Ethereum FoundationEthereum Foundation
Source: CFGI

Final Summary

  • Hsiao-Wei Wang, a co-director at EF, has left the foundation, marking the second top executive member to call it quits this year
  • Analyst flagged that future Ethereum upgrades, such as post-quantum transition, could face issues amid shrinking talent and funding. 



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Digital credit market hit by record selloff as Strive CEO blames leverage liquidations

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Digital credit market hit by record selloff as Strive CEO blames leverage liquidations

The digital credit market suffered one of its sharpest selloffs to date on Thursday,
with Strive Asset Management CEO Matt Cole describing the move as a leverage-driven liquidation rather than a sign of weakening credit fundamentals.

Cole said it was “the most difficult day in the history of Digital Credit,” in a post on X, as Strategy’s preferred equity STRC fell as low as $82.50 before recovering to $89, while Strive’s SATA dropped from its par value fell below $93 before rebounding to $97. Both products are designed to trade close to their $100 par value

“What happened today was a leverage liquidation event, not a deterioration in underlying credit quality,” Cole wrote.

Investors attracted by the sector’s relatively high yields (both products offer over double digit yields) increasingly used leverage to enhance returns, according to Cole. When prices began falling, margin calls triggered forced selling, creating a self-reinforcing decline detached from the underlying creditworthiness of issuers.

“There is an old saying in income markets that the road to hell is paved with carry,” he said.



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