The post Sky Reports Record $419M Revenue Run-Rate for June 2026 appeared on BitcoinEthereumNews.com.
Cumulative sUSDS yield payouts topped $250 million as Grove launched its GROVE governance token and a new Fixed Yield product crossed $44.1 million in TVL. Sky Frontier Foundation, the entity handling reporting for the Sky Ecosystem, disclosed a record $419.08 million annualized gross revenue run-rate in its June 2026 Financial & Operational Update, published Friday. Sky, formerly MakerDAO and now a $6.12 billion-TVL lending and stablecoin protocol per DefiLlama, also reported cumulative sUSDS savings-rate yield distributions surpassing $250 million since inception. The update, also summarized by Sky’s official X account, said the month brought “record revenue run rates” and “continued Sky Reserves growth.” Sky Reserves, the protocol’s onchain buffer asset holdings, reached $82.5 million, up $33.7 million since March, according to the forum post. Grove, a Sky-affiliated real-world-asse
Cumulative sUSDS yield payouts topped $250 million as Grove launched its GROVE governance token and a new Fixed Yield product crossed $44.1 million in TVL.
The post Arbitrum (ARB) Price Prediction 2026, 2027, 2028, 2029, 2030-2050 appeared on BitcoinEthereumNews.com.
Bullish ARB price prediction for 2026 ranges from $0.25 to $0.35. ARB could hit $0.20 in 2026 with Robinhood Chain fee-sharing confirmed and March 2027 vesting completion removing monthly unlock pressure. The bearish ARB price prediction for 2026 is $0.07. Arbitrum hit an all-time low of $0.07067 in June 2026, down 97% from its $2.40 peak, while securing $18 billion in TVL across 100+ live Orbit chains including Robinhood’s new Layer 2. On July 9, Offchain Labs co-founder Steven Goldfeder announced 10% of fees from every Orbit chain plus 100% of Arbitrum One fees flow back to ARB tokenholders, sending the token up 13%. That gap between network performance and token price is the entire ARB story, and this price prediction covers whether the fee-sharing model finally closes it through 2050. What Is Arbitrum (ARB)? Arbitrum is Ethereum’s largest Layer-2 scaling solution, built b
The post A $1,000 investment in June’s top quantum computing IPO is now worth appeared on BitcoinEthereumNews.com.
While Elon Musk’s other trillion-dollar company drew the bulk of attention, SpaceX (NASDAQ: SPCX) was not the only exciting technology stock to hit the public markets in June 2026. Specifically, the quantum computing company Quantinuum (NASDAQ: QNT) launched on June 4 with an initial public offering (IPO) price of $60 per share, which turned into $68 already at the morning bell but then dipped to $60.38 by the evening. At press time in the July 10 pre-market, however, QNT equity is worth substantially more: $74 following a 0.67% extended session rally from $73.51 at the latest close. Under the circumstances, $1,000 invested at either the IPO price or close to the June 4 closing bell would have turned into $1,233.30 for $233.30 in profits, simultaneously making it a superior investment to SpaceX stock. QNT stock price chart. Source: Google Still, despite offering a strong
The post GitHub Reports 6 Service Incidents in June 2026, Details Mitigations appeared on BitcoinEthereumNews.com.
Darius Baruo
Jul 08, 2026 20:23
GitHub faced six incidents in June 2026, impacting Copilot, API, and more, as AI-driven workloads strain infrastructure.
GitHub revealed in its June 2026 availability report that the platform experienced six significant service incidents last month, impacting core features like Copilot, API services, and repository operations. The report outlines both causes and corrective actions as the company grapples with increasing infrastructure demands driven by AI workloads. The most critical disruptions included a June 4 failure affecting 81.6% of Copilot code review requests and a June 8 outage that caused 17% of unauthenticated user requests to fail. GitHub attributed the former to an unvetted dependency update and the latter to a spike in abusive automated traffic targeting specific endpoints. Other incidents spanned authenticat
The post Stablecoins Hit $1.79T Volume in June 2026, Driving Global Finance appeared on BitcoinEthereumNews.com.
James Ding
Jul 08, 2026 17:38
Stablecoins processed $1.79T in June 2026, signaling their growing role in cross-border payments, settlements, and treasury workflows.
Stablecoins processed a staggering $1.79 trillion in transaction volume during June 2026, underscoring their accelerating role in global finance. With a combined market capitalization of $291.6 billion as of July 8, these blockchain-based assets are transforming cross-border payments, corporate liquidity management, and settlements. This rapid growth comes as stablecoins become deeply embedded in financial workflows. Kraken’s $600 million acquisition of Reap on July 2 highlights this trend, enabling stablecoin-native corporate cards and cross-border payment solutions. Meanwhile, initiatives like MassPay’s collaboration with Coinbase (announced June 18) have demonstrated cost savings of up to 70%
The post India: Gradual firming CPI supports RBI patience – Societe Generale appeared on BitcoinEthereumNews.com.
Societe Generale strategist Kunal Kundu expects India’s June 2026 headline Consumer Price Index (CPI) inflation to print around 4.1% year-on-year, slightly above May’s 3.9% but still within the RBI’s tolerance band. Kundu highlights food, fuel and services as key drivers, while noting partial and delayed pass-through from wholesale prices. It argues that competitive conditions, policy buffers and moderate demand should prevent a sustained inflation acceleration. Food, fuel and core inflation dynamics “India’s June 2026 headline CPI inflation is likely to print at around 4.1% yoy, marking a modest acceleration from 3.9% in May while remaining comfortably within the RBI’s inflation tolerance band. The expected increase is less a reflection of broad-based inflationary pressures and more a consequence of a gradual firming in food, fuel and select services categories over recent
The post BloFin Research: Bitcoin, One More Flush Before The Bottom appeared on BitcoinEthereumNews.com.
Bitcoin’s June 2026 low near $58,000 does not meet the on-chain conditions that marked prior cycle bottoms. The floor sits below realized price, near $54,000, over a horizon that extends into Q4 2026. Sentiment has reached extreme fear, while valuation and on-chain metrics sit above the levels recorded at the 2015, 2018, and 2022 lows. Every prior cycle bottomed below realized price. A move under roughly $54,000 is the minimum condition. The cycle bottom requires financial conditions to stop tightening: falling real yields, a weaker dollar, and receding Fed hike expectations. Bitcoin fell to roughly $57,950 on July 1, 2026, its lowest level in about 21 months, and closed June down near 20%. The decline places price roughly 50% below the October 2025 peak. Late June also produced the first weekly close below the 200-week moving average. the average of the last 200 weekly closes, sinc
