In crypto information immediately (June 24), Bitcoin is struggling to reclaim $63,000, and this weak point has sparked fears {that a} drop to $60,000 is coming subsequent. Though BTC/USD is caught in a good 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 immediately. SUI is up +2% whereas AVAX is up +3.5% since yesterday. Buying and selling 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 under the 20-25 vary that had held regular over the previous week and indicating a recent wave of investor concern.
Crypto Information At this time: 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 Might exploit.
In response to the workforce, transaction signing, liquidity supplier actions, and swaps at the moment are 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.
Buying and selling on THORChain was halted on Might 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 Might Exploit
After greater than a month offline, @THORChain has resumed buying and selling.
In response to the protocol, signing, churning, securing, and buying and selling belongings, LP actions, and swaps are all up and working.
The Bitcoin DEX bought hit again in Might,… 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 immediately, Chainlink has joined Venture Pangea, a collaboration of 47 banks aiming to boost cross-border funds with stablecoins. The initiative seeks to cut back international alternate settlement instances from two days to near-instant execution.
It includes the European banking consortium Qivalis and South Korea’s UniKA alliance, which collectively handle over $10 trillion in belongings, highlighting the importance of this challenge 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 foreign money exchanges, decreasing each settlement danger and liquidity necessities, a key characteristic for the challenge.
Importantly, the initiative can be appropriate with current infrastructures corresponding to SWIFT and ISO 20022, leveraging Chainlink for interoperability with blockchain programs.
One other day, one other proof level of Chainlink powering real-world TradFi use instances
@Chainlink and a coalition of fifty+ world banks, representing $10T+ in AUM, are coming collectively to launch Venture Pangea and unlock real-time T+0 atomic settlement for the worldwide FX… https://t.co/wWg2LLwp5E pic.twitter.com/5YCczmgFB8
— Zach Rynes | CLG (@ChainLinkGod) June 23, 2026
The publish Crypto Information At this time (June 24): BTC Struggling to Reclaim $63K, THORChain Resumes Buying and selling, and Chainlink Joins Financial institution Stablecoin Push appeared first on 99Bitcoins.
