In crypto information in the present day (June 25), BTC USD crashed under $60,000 late yesterday however has since recovered to $61,500, with almost $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 in the present day. 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 Concern & 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 doubtless see single-digit readings subsequent.
Crypto News Today: Standard Chartered Makes Daring AAVE Name, Claims $3,500 by 2030
Standard Chartered has begun protection of AAVE, predicting the token may attain $3,500 by the tip of 2030. The financial institution cites the restoration of decentralized finance (DeFi) and progress in tokenized real-world belongings (RWA) as key elements that would profit Aave considerably.
Geoff Kendrick, Head of Digital Belongings Analysis at Standard 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 improve from present ranges, doubtlessly 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 more likely to profit from larger lending exercise, and a relaunch of Aave’s buyback program and its Horizon initiative, targeted on lending towards tokenized real-world belongings, may function extra progress catalysts.
Standard Chartered targets Aave at $3,500 by 2030, implying 50x achieve
Geoff Kendrick, head of digital belongings analysis at Standard 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 Looking for a Completely different EU Nation for MiCA License Following Greece Drama
In different crypto information in the present day, main trade Binance is contemplating a change in its technique for acquiring an EU license after dealing with challenges with its software in Greece.
Gillian Lynch, Binance’s head of Europe and the UK, acknowledged that the trade will not be leaving Europe and will 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 danger administration. The state of affairs 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 reviews a few potential rejection of its software, the Hellenic Capital Market Fee discovered the submitted paperwork compliant, however additional evaluate by ESMA remains to be wanted.
To our European customers: we perceive regulatory uncertainty might be irritating.
We stay dedicated to securing a MiCA licence within the coming months, whereas offering readability, minimising disruption, and conserving customers knowledgeable straight.
Your funds stay protected and safe. For…
— Richard Teng (@_RichardTeng) June 24, 2026
The submit Crypto News Today (June 25): BTC Crashed Below $60K, Already Back to $61K, More Binance EU Licence Drama, and Standard Chartered Calls for AAVE to Hit $3,500 appeared first on 99Bitcoins.
