Sujal

🔓 Nearly $98M in token unlocks scheduled this week

The top 7 token unlocks this week are worth a combined $97.81 million

$BEAT leads the list with a $55.01 million unlock, followed by GRASS, EigenCloud, ENA, KITE, FAL, and BTW

🇬🇧 UK unveils new crypto regulations

The UK has officially introduced its new crypto regulatory framework

The rules also reduce capital requirements for stablecoin issuers, aiming to support innovation while strengthening oversight of the digital asset sector

🚨 Chinese billionaire gets 30 years in prison

Chinese billionaire Guo Wengui has been sentenced to 30 years in a U.S. prison for running a $1 billion+ crypto fraud

Prosecutors said the scheme defrauded thousands of investors through fake crypto and investment offerings

🇺🇸 JPMorgan: Digital assets are becoming mainstream

JPMorgan says digital assets are moving into the core of the U.S. financial system

The banking giant believes crypto is increasingly becoming part of the broader financial infrastructure rather than remaining a niche asset class

⚡️ Big Tech now dominates the S&P 500

More than 50% of the S&P 500 is now

made up of technology companies, including Amazon, Alphabet, and Netflix

The IT sector alone accounts for a record 39% of the index

🔻 DeFi hacks are nearing $1 billion this year

DeFi platforms have lost $942 million across 121 hacks so far this year, according to CryptoRank

Q2 alone accounted for 85 exploits and $775 million in losses, making it the most active quarter on record

Meanwhile, DeFi TVL has dropped from $115B to $70B since January

⚠️ Central bankers warn of an AI bubble

The Bank for International Settlements (BIS) says the AI boom could pose risks to global financial stability if it reverses

The BIS cited debt-funded AI spending, opaque financing, and growing private credit exposure as key concerns

It warned that an AI bust could trigger broader financial stress

🇮🇳 India is back in the global top 5

India has reclaimed its position as the world's 5th-largest stock market, with a total market capitalization of $5.05 trillion

The country has overtaken Taiwan and South Korea, helped by falling crude oil prices and strong domestic market performance

🇮🇳 India is facing a USDT shortage

USDT's premium in India has surged above 8.5%, with prices reaching ₹102.88

Reduced stablecoin inflows and recent regulatory actions have tightened local supply

The shortage is making crypto purchases more expensive and reducing market liquidity

🚨 Vitalik-linked wallet moves $11M in ETH

A wallet linked to Vitalik Buterin has transferred 7,000 ETH worth

around $11.06 million after nearly a year of inactivity

On-chain data suggests the funds may be headed to a centralized exchange, according to OnchainLens

🤖 OpenAI unveils three new AI models

OpenAI has introduced Sol, Terra, and Luna as its latest AI model lineup

• Sol – Most powerful flagship model
• Terra – GPT-5.5-level performance at roughly half the cost
• Luna – Fastest and most affordable model for high-volume workloads

OpenAI says the names follow a Sun–Earth–Moon theme and are not related to cryptocurrency

🚀 Binance bStocks hits a major milestone

CZ says Binance bStocks has officially surpassed $100 million in assets under management (AUM)

The milestone comes shortly after the launch of Binance's tokenized stock offering, signaling strong early adoption

🇪🇺 Binance to suspend services for some EU users

Binance will reportedly suspend services for affected EU users after failing to secure a MiCA licence

Users have been asked to withdraw their funds before July 1

📉 Over half of all Bitcoin is now underwater

Around 53% of the entire Bitcoin supply is currently being held at an unrealized loss

🚨 Polymarket hit by a $3M frontend exploit

Polymarket says a supply-chain attack injected malicious scripts into its frontend, leading to around $3 million in losses

The platform says the incident has been contained and the compromised third-party dependency has been removed

🇮🇳 Crypto regulation is back on the agenda

India's Parliamentary Finance Committee will meet with the Reserve Bank of India (RBI) on July 2 to discuss crypto regulations

⚡️ Nearly $500M worth of BTC heads to Binance

According to a CryptoQuant analyst, around $479M in Bitcoin has recently flowed into Binance

Large exchange inflows are often viewed as a sign of increasing sell-side pressure

📉 The market is pricing in a deeper Bitcoin drop

Prediction market odds now show a 64% chance of Bitcoin falling below $50,000 in 2026

There is also a 46% probability of BTC dropping under $45,000

🇯🇵 Ripple's RLUSD gets approval in Japan

Ripple's stablecoin $RLUSD has officially been approved for use in Japan

🚨 ZachXBT raises fresh concerns after MemeCore crashes 75%

$M plunged from a $14B FDV to $3.8B within hours, wiping out billions in market value

ZachXBT highlighted previous red flags around MemeCore, including alleged supply concentration and deceptive practices used to boost user numbers

He also questioned why major exchanges listed the token,

noting that on-chain data reportedly shows no transfers above $50K in 2+ weeks and less than $100K in DEX liquidity