SergioBanani

Trading volume on DEXes in the Solana network has dropped by 94% compared to Ethereum's figures. This is the lowest level in the past 12 months. For comparison: in January, the blockchain indicator of the "people's cryptocurrency" reached a peak of 218%.
Currently, both networks process about $45 billion in monthly trading volume.
Meanwhile, the total supply of stablecoins on Solana shows an upward trend. At the time of writing, the figure is $15.44 billion, and in the leading altcoin network — $165 billion.
Ethereum still maintains the lead in circulating "stablecoin" volume. However, Solana'

Legend will close the app and cease operations on July 12
The Legend financial app based on blockchain announced the gradual closure of its business due to insufficient growth that prevented it from reaching a sustainable operating model. Registration of new users has already been halted, and existing clients need to withdraw their funds by July 12, after which the service will shut down. The team will remind users to withdraw their money via email and notifications over the next 60 days and will keep some documentation accessible for a little longer.

📈 Bitcoin is still too far from a bullish reversal, believes crypto trader with the nickname bee. He pointed out two factors:
🔹 Historically, a bear market lasts at least 350 days — we have completed about 65% of this distance;
🔹 The bottom has never formed without touching the chart of the 350-day moving average line — currently this value is approximately $47,000.

bee's conclusions regarding the expectation of a bullish market were partly confirmed by Glassnode. The relative unrealized losses of long-term holders (LTH) reached a peak of 15% in early April. In previous deep "bear markets

🇰🇵 From 2016 to early 2026, North Korea-related hacker groups stole approximately $6.75 billion in digital assets across 263 incidents, according to CertiK experts. The scale of losses is likely underestimated, as it does not account for hundreds of minor attacks against individuals and projects in the early days of the industry.
In 2025, entities supported by Pyongyang caused $2.06 billion in damage to the industry, accounting for about 60% of the total figure. Meanwhile, they were responsible for only 12% of the attacks.
"North Korea has turned cryptocurrency theft into a key mechanism for

💸 After a pause and management statements about the possible sale of part of the Bitcoin reserve, Strategy resumed buying cryptocurrencies. Over the course of a week, the company purchased 535 BTC for about $43 million. This is noticeably lower than previous investment volumes.
Strategy holds 818,869 BTC on its balance sheet at an average price of $75,540 per coin.
🪙 Bitmine, which has the second-largest corporate crypto treasury by value, said it bought 26,659 ETH. This accounted for roughly a quarter of its previous weekly volumes. The company has accumulated more than 5.2 million ETH—4.31

🔍 Bitcoin whale for the first time in 12 years transferred 500 BTC ($40.6 million) to a new address.
According to Arkham, the transaction took place on May 11. The coins were stored at the address “1KAA8…d882j” from November 27, 2013—back then, 500 BTC were worth about $457,000. Over 12 years, the asset has increased by approximately 89 times.
The reason for the transfer is unknown. Similar transactions often precede the sale of coins.

📈 Morgan Stanley's Bitcoin ETF for Bitcoin recorded $193.6 million in net inflows during its first month of operation (from April 8 to May 7).
Assets under management for MSBT reached $239.6 million. During this period, there were 17 days with inflows, five neutral days, and no days with outflows.
On the first trading day, MSBT attracted $30.6 million with a trading volume of about $34 million. Morgan Stanley's Head of Digital Assets, Amy Oldenberg, called this the best ETF debut in the bank's history.

Seven of the largest mining pools, including Foundry, AntPool, and F2Pool, have joined the Stratum V2 working group. Support from structures controlling over 75% of Bitcoin's hash rate increases the chances of implementing the new cryptocurrency mining communication standard.
Stratum V2 is an updated version of the protocol between pools and individual miners, intended to replace Stratum V1, which has been in use since 2012. The modification aims to provide greater decentralization, enhance network security, and increase miners' profitability.

💬 The available over-the-counter (OTC) Bitcoin offer has hit a historic low of 142,000 BTC, according to analyst with the nickname Darkfost. In September 2021, the figure was 550,000 BTC.

OTC services are typically used by professional investors and institutional players, allowing them to conduct large transactions privately without affecting the asset's price. But in a supply shortage scenario, these players will be forced to turn to the open market, Darkfost suggested.

He also warned that due to the closed nature of OTC trading, such signals should be treated as supplementary.

GRAYSCALE ARE SELLING $BTC, AND BLACKROCK ARE BUYING
Grayscale has sold a total of $BTC worth $62.3 million since Monday.
However, BlackRock bought 10 times more $BTC, totaling $623.5 million this week.
Now, BlackRock holds 3.87% of the total supply $BTC worth $64.85 billion.

💼 For the first time since July 2025, spot Bitcoin ETFs have closed six consecutive weeks with net inflows. From May 4 to 8, funds attracted $622.7 million, bringing the total capital in them to $106.6 billion.

Ethereum-based products did not show similar stable dynamics: inflows over the past week amounted to $70.5 million after a loss of $82.5 million the previous week. The total AUM of the instruments increased to $13.7 billion.

📊 On Friday, whales withdrew approximately $1.29 billion in USDT from Ethereum exchanges, marking the largest outflow in the past three months, according to Santiment. Despite the reduction in readily available capital on trading platforms, this should not be seen as an unequivocal bearish signal. Usually, money does not leave the ecosystem entirely; it is a matter of redistribution.
However, after a $3.72 billion outflow on February 9, experts noted a two-week correction in Bitcoin.

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Kalshi Raises $1 Billion at a $22 Billion Valuation
The prediction platform Kalshi closed a Series F funding round of $1 billion. The company's valuation increased to $22 billion.
The leading investor was the Coatue fund. Participating also were Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley, and ARK Invest. This is Kalshi's third closed round in the past seven months.
The funds raised will be used to work with institutional clients: hedge funds, asset managers, and insurance companies. Kalshi also plans to develop tools for block trading, risk management products, a

🛡 Zcash will introduce wallets with a recovery mechanism in case of a quantum threat within a month. This was announced by Zcash Open Development Lab CEO Josh Suhart.
The full network transition to post-quantum standards will take 12–18 months. Meanwhile, the team is scaling throughput to the level of Mastercard and Visa.
Suhart called Bitcoin "fundamentally broken" as a confidential settlement system due to its transparent ledger. According to him, open balances allow governments to track user assets and exert pressure.

🔻 Coinbase completed the first quarter of 2026 with a net loss of $394.1 million.
The main reason is a $482 million drop in the investment crypto portfolio amid a market correction.
Revenue decreased by 31% — to $1.41 billion. Trading fees brought in $756 million (-40%), subscriptions and services — $584 million (-14%). Adjusted EBITDA fell from $930 million to $303 million.
Losses are recorded for the second consecutive quarter: in the previous reporting period, the figure was $667 million.
Bernstein analysts maintained the target stock price at $330, citing undervaluation of the shares and

🔷 BitMine will slow down Ethereum purchases.
The company has already accumulated 5.1 million ETH ($11.9 billion) — 4.29% of the total supply of Ether.
Chairman Tom Lee emphasized that the company's initial goal was 5% issuance over five years. At the current pace of 100,000 ETH per week, the company will reach it in about a month and a half.
85% of assets are locked in staking protocols and generate over $300 million annually.

⚡️ AWS introduces Amazon Bedrock AgentCore Payments — a toolkit for autonomous payments by AI agents.
The new product is designed for digital assistants created in Amazon Bedrock AgentCore. With it, they will be able to independently pay for access to web content, APIs, MCP servers, and other agents.
Developers will be able to connect a Coinbase or Stripe wallet and top it up with stablecoins or fiat currency. In the initial phase, payments will be made in USDC.