edgeX pays half of June 2 losses now, delays rest until April 2027
edgeX has paid 50% of approved June 2 claims in USDC, with the remaining half due in EDGE tokens in April 2027 and claims closing on June 9.
Crypto Daily·

Mastercard expands settlement to regulated stablecoins, spanning USDC, PYUSD and more on Ethereum, Solana, Polygon and others—where coverage beats token hype.
Read full articleedgeX has paid 50% of approved June 2 claims in USDC, with the remaining half due in EDGE tokens in April 2027 and claims closing on June 9.
A long-dormant Ethereum investor sold about $188 million in ether and related tokens just before this month’s market crash, then began buying back at sharply lower prices, completing a textbook round trip. A Well-Timed Exit The investor who has been holding coins since the network’s early days sold 60,000 ETH worth about $117.25 million and […]
In crypto news today (June 8), the market has rallied slightly over the weekend, with Bitcoin trading back above $63,000 on this Monday after a +1.6% overnight pump. This brief rally has also seen liquidations slow, with the 24-hour figure at just $630M, down from $1-2Bn last week. Ethereum has bounced even harder, surging +4%.. The post Crypto News Today (June 8): BTC Back Above $63K as the War Between Justin Sun War and Trump Continues appeared first on 99Bitcoins.
PiggyBank closed its LAB hedge after extreme swings, with estimated NAV drawdowns of 15% for USDC, 12% for SPYx and 9% for JitoSOL accounts.
Following the Bitcoin price crash below $60,000, Ethereum followed suit, dropping toward $1,500 in the same candle. This move triggered a development that has not happened in a long time, as ETH lost its second-place position in the top 10 cryptocurrencies by market cap. Tether’s USDT Coming For Ethereum’s Crown For the longest time, Ethereum […]
Ethereum touched $1,500, down 70% from its high, and an analyst flagged $1,000 risk. The case for and against ETH falling further, and what decides it.
June 12 PUMP unlock adds 10B tokens (~1%). Pump.fun turns on USDC bonding curves as Q1 revenue hits $124.7M. Signals for a softer Solana meme market.
Ethereum price started a recovery wave above the $1,600 zone. ETH is now consolidating and might rally if there is a clear move above the $1,750 resistance. Ethereum started a recovery wave above the $1,600 zone. The price is trading above $1,620 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $1,750 zone. Ethereum Price Aims for Upside Break Ethereum price remained bid above the $1,500 support zone, like Bitcoin. ETH price formed a base and started a recovery wave above the $1,600 resistance. There was a break above a key bearish trend line with resistance at $1,600 on the hourly chart of ETH/USD. The price surpassed the 23.6% Fib retracement level of the downward move from the $2,005 swing high to the $1,505 swing low. Ethereum price is now trading above $1,620 and the 100-hourly Simple Moving Average. I