In crypto information as we speak (June 25), BTC USD crashed under $60,000 late yesterday however has since recovered to $61,500, with practically $1Bn in liquidations piling up and $780M of that $994M determine coming from lengthy positions.
The Bitcoin crash coincided with ETF flows seeing $469M exit the varied BTC funds, the most important day of outflows this month, and unsurprisingly, BlackRock main the way in which with $239M of that determine being from the IBIT ETF.
Whereas BTC and ETH are down round -2% every over the previous 24 hours, HYPE and AVAX are two of the few main caps within the inexperienced as we speak. HYPE is up +3% whereas AVAX is up +2.5% since yesterday. With the unstable worth motion, buying and selling quantity has picked as much as $98Bn, up from $76Bn yesterday.
With Bitcoin briefly dropping under $60K, the Worry & Greed Index additionally dropped to 12/100, down from 24/100 simply two days in the past. The index is again close to all-time lows, and one other drop under $60K will seemingly see single-digit readings subsequent.
Crypto Information Right now: Normal Chartered Makes Daring AAVE Name, Claims $3,500 by 2030
Normal Chartered has begun protection of AAVE, predicting the token may attain $3,500 by the top of 2030. The financial institution cites the restoration of decentralized finance (DeFi) and development in tokenized real-world belongings (RWA) as key components that would profit Aave considerably.
Geoff Kendrick, Head of Digital Belongings Analysis at Normal Chartered, notes that Aave has already bounced again from the April incident affecting DeFi and stays a pacesetter in decentralized lending.
Kendrick’s $3,500 worth goal suggests a 50-fold enhance from present ranges, probably permitting AAVE to outperform Bitcoin and Ethereum. The financial institution expects tokenized belongings in DeFi to develop roughly 37-fold by the last decade’s finish.
Aave’s income and token worth are prone to profit from greater lending exercise, and a relaunch of Aave’s buyback program and its Horizon initiative, centered on lending towards tokenized real-world belongings, may function further development catalysts.
🔴 Normal Chartered targets Aave at $3,500 by 2030, implying 50x achieve
Geoff Kendrick, head of digital belongings analysis at Normal Chartered, initiated protection of the Aave lending protocol with a worth goal of $3,500 by end-2030, up from present ranges close to $70.
Kendrick… pic.twitter.com/T0327sVE00— NewsTongue (@NewsTongueX) June 24, 2026
Binance Searching for a Completely different EU Nation for MiCA License Following Greece Drama
In different crypto information as we speak, main change Binance is contemplating a change in its technique for acquiring an EU license after dealing with challenges with its utility in Greece.
Gillian Lynch, Binance’s head of Europe and the UK, acknowledged that the change just isn’t leaving Europe and should search authorization in one other EU nation if progress in Greece stalls.
The corporate has contacted a number of regulators, however as of proper now has solely formally utilized in Greece, whereas additionally discussing choices with Eire and Latvia.
Regulators have expressed issues about Binance’s historical past with money-laundering penalties and its general threat administration. The scenario is pressing as a result of MiCA deadline, which requires crypto companies with out authorization to stop operations within the EU after July 1.
Though Binance denied stories a couple of potential rejection of its utility, the Hellenic Capital Market Fee discovered the submitted paperwork compliant, however additional overview by ESMA remains to be wanted.
To our European customers: we perceive regulatory uncertainty will be irritating.
We stay dedicated to securing a MiCA licence within the coming months, whereas offering readability, minimising disruption, and preserving customers knowledgeable immediately.
Your funds stay secure and safe. For… https://t.co/gIZUZ7KPhi
— Richard Teng (@_RichardTeng) June 24, 2026
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