In crypto information right this moment (June 24), Bitcoin is struggling to reclaim $63,000, and this weak spot has sparked fears {that a} drop to $60,000 is coming subsequent. Though BTC/USD is caught in a decent vary, Michael Saylor’s Technique has begun shopping for Bitcoin once more.
Liquidations have cooled off from yesterday, with simply $346M picked up, down from over $ 575M. Of that $346M determine, $278M was liquidations of lengthy positions.
Whereas BTC and ETH are down -0.5% and -1% previously 24-hours, respectively, SUI and AVAX are two of the one main caps within the inexperienced right this moment. SUI is up +2% whereas AVAX is up +3.5% since yesterday. Trading quantity has picked up barely since yesterday, now at $76Bn, up from $68Bn.
With Bitcoin and the broader market persevering with to bleed, the Worry & Greed Index dropped to 17/100, falling beneath the 20-25 vary that had held regular over the previous week and indicating a recent wave of investor concern.
Crypto News Today: THORChain Resumes Operations Following $11M Exploit
THORChain has resumed buying and selling after greater than 5 weeks of downtime. On Tuesday, the decentralized cross-chain liquidity protocol introduced it had restored operations, ending the pause triggered by a Could exploit.
In line with the group, transaction signing, liquidity supplier actions, and swaps are actually accessible once more. THORChain positions itself because the world’s main decentralized alternate for Bitcoin, permitting customers to swap native belongings throughout totally different blockchains with out the necessity to wrap tokens or depend on centralized intermediaries for bridging.
Trading on THORChain was halted on Could 15 after blockchain investigator ZachXBT and the safety agency PeckShield reported a suspected exploit affecting Bitcoin, Ethereum, BNB Chain, and Base.
This vulnerability led to the withdrawal of roughly $10.7M from one of many protocol’s Asgard vaults, whereas the opposite 5 vaults remained unaffected.
THORChain is Again On-line Following Could Exploit
After greater than a month offline, @THORChain has resumed buying and selling.
In line with the protocol, signing, churning, securing, and buying and selling belongings, LP actions, and swaps are all up and operating.
The Bitcoin DEX obtained hit again in Could,… pic.twitter.com/8lpjPB9p1B
— BSCN (@BSCNews) June 23, 2026
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Chainlink Joins 47 European and South Korean Banks to Velocity up Stablecoin Funds
In different crypto information right this moment, Chainlink has joined Mission Pangea, a collaboration of 47 banks aiming to boost cross-border funds with stablecoins. The initiative seeks to scale back overseas alternate settlement occasions from two days to near-instant execution.
It entails the European banking consortium Qivalis and South Korea’s UniKA alliance, which collectively handle over $10 trillion in belongings, highlighting the importance of this mission and Chainlink’s involvement.
Specializing in the Europe–South Korea commerce hall, with over $150Bn in annual commerce, banks will use euro- and Korean won-denominated stablecoins for real-time settlement of transactions.
The Cost-versus-Cost (PvP) mannequin will allow simultaneous forex exchanges, decreasing each settlement threat and liquidity necessities, a key function for the mission.
Importantly, the initiative will likely be appropriate with present infrastructures equivalent to SWIFT and ISO 20022, leveraging Chainlink for interoperability with blockchain techniques.
One other day, one other proof level of Chainlink powering real-world TradFi use circumstances @Chainlink and a coalition of fifty+ world banks, representing $10T+ in AUM, are coming collectively to launch Mission Pangea and unlock real-time T+0 atomic settlement for the worldwide FX… pic.twitter.com/5YCczmgFB8
— Zach Rynes | CLG (@ChainLinkGod) June 23, 2026
The submit Crypto News Today (June 24): BTC Struggling to Reclaim $63K, THORChain Resumes Trading, and Chainlink Joins Bank Stablecoin Push appeared first on 99Bitcoins.
