In crypto information at present (June 25), BTC USD crashed beneath $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 biggest day of outflows this month, and unsurprisingly, BlackRock main the best way 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 at present. 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 beneath $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 beneath $60K will possible see single-digit readings subsequent.
Crypto Information At the moment: Customary Chartered Makes Daring AAVE Name, Claims $3,500 by 2030
Customary 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 property (RWA) as key elements that might profit Aave considerably.
Geoff Kendrick, Head of Digital Property Analysis at Customary 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, probably permitting AAVE to outperform Bitcoin and Ethereum. The financial institution expects tokenized property 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, centered on lending in opposition to tokenized real-world property, may function extra progress catalysts.
🔴 Customary Chartered targets Aave at $3,500 by 2030, implying 50x acquire
Geoff Kendrick, head of digital property analysis at Customary 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 In search of a Completely different EU Nation for MiCA License Following Greece Drama
In different crypto information at present, main alternate Binance is contemplating a change in its technique for acquiring an EU license after going through challenges with its utility in Greece.
Gillian Lynch, Binance’s head of Europe and the UK, said that the alternate shouldn’t 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 total danger administration. The scenario is pressing because of the MiCA deadline, which requires crypto corporations with out authorization to stop operations within the EU after July 1.
Though Binance denied studies a few potential rejection of its utility, the Hellenic Capital Market Fee discovered the submitted paperwork compliant, however additional assessment by ESMA remains to be wanted.
To our European customers: we perceive regulatory uncertainty could be irritating.
We stay dedicated to securing a MiCA licence within the coming months, whereas offering readability, minimising disruption, and protecting customers knowledgeable straight.
Your funds stay protected and safe. For… https://t.co/gIZUZ7KPhi
— Richard Teng (@_RichardTeng) June 24, 2026
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