Arthur Hayes Says He Sold HYPE and NEAR, and NEAR Drops 19%

Bitcoin Supply in Loss Hits a Record 10.83 Million BTC

Glassnode data shows 10.83 million BTC, around 54% of supply, now sits below its purchase price after Bitcoin slipped under $59,100 on June 25, 2026. Read the full article: https://www.spendnode.io/blog/bitcoin-supply-in-loss-record-10-83-million-btc-june-2026/

Binance Pulls Its Greek MiCA Bid Seven Days Before the EU Deadline

Binance withdrew its Greek MiCA license application on June 24, leaving a seven-day scramble for EU authorization before the July 1 wind-down rule bites. Read the full article: https://www.spendnode.io/blog/binance-withdraws-greek-mica-application-eu-deadline-june-2026/

SpaceX Stock Perps See $50M in Liquidations as Crypto Leverage Hits Equities

SPCX perpetual futures tracking pre-IPO SpaceX shed about $50M in liquidations over 48 hours, ranking behind only Bitcoin and Ethereum on crypto venues. Read the full article: https://www.spendnode.io/blog/spacex-spcx-tokenized-stock-perps-50m-liquidations-june-2026/

Iran-Linked Entities Moved $3.84B Through CoinEx, WSJ Reports

The Wall Street Journal reports Iran-linked entities routed $3.84 billion through the CoinEx exchange to bypass US sanctions, putting centralized venues back under scrutiny. Read the full article: https://www.spendnode.io/blog/iran-coinex-3-8b-sanctions-evasion-wsj-june-2026/

Grayscale Says Crypto's Top Revenue Protocols Trade at Single-Digit Multiples

Grayscale argues the 15 highest-revenue onchain protocols, led by HYPE, PUMP and CAKE, trade at single-digit multiples, with the CLARITY Act as the catalyst. Read the full article: https://www.spendnode.io/blog/grayscale-revenue-protocols-undervalued-clarity-act-june-2026/