๐ข According to Santimentโs latest GitHub rankings, Chainlink (LINK) remains the most actively developed crypto privacy project by development activity.
๐ข Polymarket traders currently give SpaceX an 86% chance of becoming the largest IPO by market capitalization in 2026, placing it well ahead of Anthropic and OpenAI.
๐ข According to CryptoQuant, Bitcoinโs total demand has fallen to its deepest contraction of this cycle at -501,000 BTC, as capital continues to rotate into tech stocks, AI-related assets, forex markets, and precious metals.
๐ข ADA has fallen below $0.16 for the first time since 2020 following Hoskinsonโs announcement of a break. Despite the price decline, Santiment reports that both social dominance and on-chain activity have climbed to record highs.
๐ข Hedge funds reduced their exposure to spot Bitcoin ETFs by selling 31,400 BTC in Q1, while banks increased their holdings, adding 7,800 BTC during the same period.
๐ข U.S. equities lost more than $1 trillion in market capitalization within the first three hours of trading, while the crypto market saw nearly $200 billion wiped out over the last 24 hours.
๐ข A crypto trading bot mistakenly transferred 167 ETH, worth roughly $300,000, to an unrelated wallet, and its operators are now offering a bounty in hopes of recovering the funds.
๐ข On June 5th, Bitcoin ETFs recorded their fourth consecutive week of net outflows, with $1.7 billion withdrawn last week alone, its biggest weekly outflow in over a year.