Author: Vickie Helm

In today’s Chainlink news, LINK is trading around $8.20, down -16% from its mid-May levels, and very close to its 90-day low of $7.35 set on June 5th, even as LINK oracle infrastructure processes more than $7 billion in 2026 World Cup prediction market trading volume and powers the settlement of every match across its platforms, including Polymarket. Daily active addresses on the Chainlink network averaged about 4,100 in June, an increase of about 25% from spring norms, with a daily peak of 5,679 on the same day the token reached its quarterly low, making it a data pair that…

TL;DR Spot Bitcoin ETF products have returned to net inflows after five consecutive days of outflows. Total net inflows reported Friday were $85.8 million. The Ethereum ETF remains under pressure, reporting daily net outflows of $4.95 million. 🚨 Bullish: Bitcoin ETFS finally turns positive with $85 million inflowsYesterday, the Bitcoin ETF recorded its first significant net inflow in nearly a month, raising $85.9 million.BlackRock’s IBIT led the way, collecting $58 million of the day’s inflows. pic.twitter.com/K6d40p4Tor — Coin Bureau (@coinbureau) June 13, 2026 Bitcoin ETF flows turn positive again Spot Bitcoin exchange-traded funds returned to positive territory on Friday, with…

Trustworthy editorial content reviewed by industry-leading experts and experienced editors. Advertising disclosure TL;DR DefiLlama data shows that daily fee generation on the XRP Ledger is low. According to SourcePack, daily fees are less than $400, and weekly fees amount to about $3,100. The data shows low-cost activity rather than network outages or corruption. XRPL fee data refocuses activity The XRP Ledger is back under the microscope after pricing data showed network fees falling below $400 per day, according to metrics tracked by DefiLlama and Ledger Explorer referenced in the source pack. Just because a fee is low doesn’t automatically mean…

Spark CEO Sam McPherson said Morpho Labs’ latest funding round puts the on-chain credit market in the spotlight as investors increasingly support stablecoins and credit infrastructure, as well as decentralized finance (DeFi) lending.Morpho announced Tuesday that it has raised $175 million in a round led by Paradigm, a16z crypto, and Ribbit Capital. Morpho is widely known as a DeFi lending protocol, but the company said it aims to become a credit infrastructure layer for banks, asset managers, and fintechs.On-chain credit markets allow users and institutions to borrow, lend, and deploy capital using blockchain-based assets. Investors are betting the sector will…

A Seychelles court ruling related to the delisted CHP token has placed KuCoin under new legal scrutiny. summary A Seychelles court has ordered KuCoin to compensate Swiss investors for over 21 million delisted CHP tokens. Investors claim that KuCoin has not paid the judgment or participated in related legal proceedings. The ruling rejected KuCoin’s argument that delisted tokens that have not been withdrawn have become abandoned property. Swiss investors claim the exchange has not paid them more than $2 million in court-ordered incentives. The dispute centers around 21 million CHP tokens and a judgment issued by the Seychelles Supreme Court…

Jeff Kendrick, head of digital asset research at Standard Chartered, declared on Friday that the crypto market cycle is in a downturn, with Bitcoin’s recent drop to about $59,000 the bottom of its recent decline. This is a 53% drop from October’s all-time high of $126,000. “Winter is over. Welcome to crypto spring,” Kendrick wrote in a note on Friday, adding, “I believe we are beginning to see the lows in the crypto price cycle.” At the time of Kendrick’s memo, Bitcoin had recovered to around $64,000, up about 5% from the previous week. The bank maintains its price target…

THORChain (RUNE) is restarting. The decentralized cross-chain DEX, which has been suspended since May 15 after a $10.7 million exploit compromised one of its vaults, has published its official restart release, v3.19, with mainnet adoption scheduled for the first week of June. At the time of writing, RUNE is trading between $0.38 and $0.41, a significant drop from pre-exploitation levels and -35% over the past 30 days. It has a market capitalization of approximately $133 million, making it the 222nd largest digital asset. $RUNE is pushed directly into the heavy resistance zone around $0.382-$0.385. This is where the risk of…

The low volume reflects the reluctance of market participants to bet aggressively in either direction at this time. New data from on-chain analytics firm Santiment shows that trading activity across cryptocurrencies’ largest non-stablecoin assets has fallen to levels not seen since 2024. The company said the slowdown signals a market where traders have retreated significantly, a situation often seen before there is a sense of relief that confidence will eventually return. Cryptocurrency traders withdraw as trading volume dries up Santiment’s analysis, shared with X on June 11, noted that trading volumes for top equity assets were at a two-year low,…

A closed-door ethics meeting between Kirsten Gillibrand, Sen. Ruben Gallego (D-AZ), Sen. Bernie Moreno (R-OH), and Sen. Cynthia Lummis (R-WY), which also included White House Cryptocurrency Council Executive Director Patrick Witt, was called off without an agreement Tuesday after Republicans and the White House rescinded a provision that would have allowed state attorneys general to sue the Department of Justice. President Trump’s interest in virtual currency business. At the same time, the White House Crypto Council on Wednesday convened representatives from the National Sheriff’s Association, Fraternal Order of Police, and National District Attorneys Association to address law enforcement objections to…

Luke Gromen said Bitcoin’s failure to reach new decisive highs could simply reflect weak spot demand, arguing that paper products can temporarily absorb buying pressure, just as derivatives have shaped the gold market for years. Macro analysts who spoke with Nathalie Brunel in an interview on June 6 said that they have not substantially restructured their previously reduced Bitcoin positions. “We’ve taken a few bites,” Gromen said, but added: “We haven’t really bought it back.” The reason for this, he suggested, is that Bitcoin’s recent price movements may signal something important about liquidity, market structure, and the political sensitivity of…