Crypto Selloff, REKT Dip, Monad Launch, & DAT trades!
Crypto majors are very red as btc briefly fell below $90k; btc -4% at $91,300; eth -5% at $3,050, bnb -2% at $915, sol -3% at $137. Icp (+9%), aster (+7%) and hype (+5%) led top movers. Crypto fear & greed remained in extreme fear at 11, now in that range for 6 straight days. Bitcoin wiped out its 2025 gains after falling below $92k (briefly sub-$90k), now down 2% on the ytd. The cboe unveiled “continuous” bitcoin and ethereum futures with 10-year terms as a perps-like alternative. The white house is considering to allow the irs to track and tax crypto holdings on foreign exchanges. Vitalik buterin and the ethereum foundation launched kohaku as a new initiative to bake privacy and security into ethereum wallets instead of treating them as add-ons. Trump international maldives announced tokenized real-estate stakes, letting investors buy blockchain-based shares in its 80-villa luxury resort. Hive stock jumped after posting record q2 revenue and landing new ai-infra deals, as investors rotated into miners despite broader crypto weakness. Japan is changing its crypto tax rules, dropping cap gains from 55% to 20%. Coinbase ventures announced an investment in usd ai.
Source: https://decrypt.co/videos/interviews/70TjZb3m/crypto-selloff-rekt-dip-monad-launch-dat-trades
