BlackRock is closely watching Wednesday's CPI as an early test of how U.S.-Iran tensions are feeding into already elevated prices in the economy.
ETHGas (GWEI) price has emerged as one of the best-performing tokens in the crypto market, climbing to a fresh all-time high near $0.18 and breaking into the top 100 by market capitalization. While the token continues to print higher highs, its trading volume has dropped sharply, raising questions about whether the rally is being fueled by …
Morpho, a decentralized lending protocol operating on Ethereum, HyperEVM, and other blockchains currently holding $6.6 billion in total value locked, has raised $175 million in a funding round led by Paradigm, Ribbit Capital, and Andreessen Horowitz’s digital assets arm a16z crypto — valuing the protocol at up to $2 billion and positioning it for an eventual public debut as its founders set their sights on bringing Wall Street’s most traditional institutions into DeFi, according to Fortune’s report published June 9. Related Reading: The XRP Dream Has Changed: Why A Rally To $10 Could Happen Despite Disappointment The round also drew participation from Apollo Funds, Circle’s venture unit, and VanEck — a coalition of backers that spans crypto-native venture capital, traditional asset management, and institutional finance simultaneously. The investment was structured in cryptocurrency and priced at the token’s average monthly price, with the exact cost varying by when participants contributed, per Fortune’s reporting of co-founder Paul Frambot’s account. ETH's price trends to the downside on the daily chart. Source: ETHUSD on Tradingview The 25-Year-Old Taking On TradFi Frambot, who is 25 years old and founded Morpho at 20 alongside three fellow French co-founders — Merlin Egalite, Julien Thomas, and Mathis Gontier Delaunay — framed the fundraise with characteristic directness in his conversation with Fortune. “I think TradFi is going to have to wear shorts,” he told the publication — a reference to the cultural gap between crypto’s hoodie-and-shorts developer community and the suit-wearing institutions he is now actively courting. His pitch to those institutions is grounded in yield. Morpho allows any user to create their own blockchain-based lending markets with customizable risk parameters — effectively enabling anyone to build their own version of Aave, the incumbent DeFi lender that currently holds nearly $12.5 billion in TVL, per Fortune’s citing of DeFiLlama data. Morpho’s $6.6 billion positions it as the clear second-largest player in the decentralized lending space, a gap that has narrowed considerably after Aave’s significant exposure to a $290 million hack of other crypto protocols in April 2026, per Fortune. Ethereum And Crypto DeFi: The Institutions Already Inside Morpho’s existing user base signals the institutional crossover is already underway. Coinbase, Kraken, Anchorage Digital, and Galaxy Digital all use Morpho’s infrastructure, per Fortune’s reporting. Guy Wuollet, general partner at a16z crypto, described the moment to Fortune as one where traditional finance professionals may need casual Fridays while DeFi builders dress up ever so slightly — a convergence he views as the natural direction of an industry increasingly operating in lockstep with institutional capital. Frambot himself recently attended an event at the New York Stock Exchange — and wore trousers. This development marks a pivotal moment for the nascent sector’s relationship with mainstream venture capital and traditional finance. Related Reading: Citrini Research Puts Hyperliquid On Wall Street’s Crypto Radar A $175 million raise from three of the most prominent names in both crypto, Ethereum, and conventional investing — targeting the same Wall Street institutions that have spent two years cautiously circling DeFi — is the clearest signal yet that decentralized lending is no longer a crypto-insider experiment. It is becoming infrastructure that institutional capital intends to use. Cover image from ChatGPT, ETHUSD chart from Tradingview
Ethereum’s price crash has left traders nervous, but beneath the panic, a different story may be unfolding. ETH has now entered a rare “high conviction” zone for long-term buyers, according to market analysts, while institutional money is quietly flowing back through spot Ethereum ETFs. While short-term pain may not be over yet, the latest data …
Crypto prices rose on Monday following last week's crash, but the bears still appear to be in control.
The prolonged blockade risks escalating economic instability, impacting global oil markets and cryptocurrency valuations, while straining US-Iran relations.
The post Trump says US will maintain blockade of Iranian ports until deal reached appeared first on Crypto Briefing.
Iran's warning highlights the fragile balance in Middle East geopolitics, with potential for broader regional conflict impacting global stability.
The post Iran ends military operations against Israel, warns of harsher retaliation if Lebanon is attacked appeared first on Crypto Briefing.
Morpho plans to build an open blockchain-based credit network to connect decentralized finance, Wall Street, and global markets.
The faltering cease-fire exacerbates regional instability, diminishing prospects for peace and increasing the risk of broader military conflicts.
The post Israel strikes Tyre as cease-fire with Lebanon falters appeared first on Crypto Briefing.
OpenAI filed a confidential S-1 with the SEC, targeting a public debut as early as September at a valuation between $852 billion and $1 trillion. The filing arrived inside a broader wave that Goldman Sachs says could produce a record $160 billion in US IPO proceeds in 2026, with SpaceX targeting a $75 billion raise […]
The post Bitcoin faces a Wall Street test as AI’s mega-IPO wave targets the same capital appeared first on CryptoSlate.
One of MiCA's architects said he sees no need to regulate DeFi as the European Commission gathers feedback on the framework's future.
Apple's Siri AI overhaul aims to strengthen its ecosystem, but faces challenges from memory shortages and won't boost short-term sales.
The post Apple’s revamped AI Siri seen as long-term strategy amid PC, mobile market challenges appeared first on Crypto Briefing.
AMD's investment in UK AI could enhance local capabilities, reduce foreign dependency, and position the UK as a key player in global AI infrastructure.
The post AMD commits up to $2B to UK artificial intelligence over the next five years appeared first on Crypto Briefing.
Bitcoin trader said that BTC price was approaching its cycle bottom "window" with the $53,000 cycle midpoint a potential buy-in level.
Humanity Protocol's Terence Kwok said some multisig keys may have been accidentally backed up to a compromised device during setup.
U.S. President Donald Trump recently said an agreement with Iran could be signed within the next “two or three days,” signaling that tensions in the Middle East may be easing. Meanwhile, Bitcoin has recovered from recent lows below $59,500 and is now trading around the $63,000. Trump: “Agreement with Iran can be signed in 2-3 …
Edwin Mata argues that EU regulations are choking local startups, leaving the U.S. and automated AI tools to run the future of tokenized finance.
Morpho's funding surge underscores DeFi's growing appeal to traditional finance, potentially accelerating blockchain integration in banking.
The post DeFi lender Morpho nears $2B valuation after $175M raise led by Paradigm and a16z appeared first on Crypto Briefing.
The rise of robotaxis in London could redefine urban mobility, intensifying competition and accelerating global autonomous vehicle adoption.
The post Uber prepares for robotaxi competition with Wayve in London appeared first on Crypto Briefing.
The compromised laptop held enough multisig keys to take over the project's bridges on two chains, a basic security failure for a startup backed by Pantera and Jump Crypto.
Goldman Sachs data shows hedge funds bought global equities at the fastest pace in four months before the Nasdaq's worst point drop in history on June 5.
The post Goldman Sachs data shows hedge funds bought equities at fastest pace in months, right before US selloff appeared first on Crypto Briefing.
This partnership could revolutionize sports prediction markets, enhancing transparency, efficiency, and fan engagement on a global scale.
The post Chainlink lands exclusive oracle deal with FIFA World Cup’s prediction market partner ADI Predictstreet appeared first on Crypto Briefing.
STRK20 went live on Starknet, bringing private ERC20 transfers and balances with targeted disclosure mechanisms for regulators.
Zodia Custody's expanded regulatory approval enhances institutional trust and positions it to meet rising stablecoin demand across Europe.
The post Standard Chartered-backed Zodia Custody wins Luxembourg approval to expand stablecoin custody offering appeared first on Crypto Briefing.
OKX rolls out tokenized stock and commodity perps for EU retail traders, expanding competition with Coinbase, Kraken and Binance in regulated derivatives.
Saylor answers doubts with a $100M purchase. Citrini just called Hyperliquid a buy. And SBF is formally asking Trump for a pardon.
The aggressive price target hikes reflect growing confidence in AI-driven demand, potentially reshaping investment strategies in tech sectors.
The post Wells Fargo more than doubles Micron price target to $1,220, citing AI memory boom appeared first on Crypto Briefing.
Nebius' UK expansion could significantly boost AI infrastructure, impacting sectors like finance and healthcare, while enhancing investor appeal.
The post Nebius commits £1.7B to build four new UK AI sites powered by Nvidia appeared first on Crypto Briefing.
Citrini Research has singled out Hyperliquid’s HYPE token as a crypto asset with a cash-flow profile that separates it from what the firm calls the “memetic majority” of the market. In its June 2026 “State of the Themes” report, the research firm argued that HYPE’s fee-driven buyback structure, expanding Assistance Fund and emerging ETF narrative make Hyperliquid one of the more compelling crypto market-structure stories now reaching Wall Street’s radar. Hyperliquid Gains Wall Street Attention The core of Citrini’s thesis is straightforward: HYPE is not being framed merely as a speculative exchange token, but as an asset tied to recurring platform economics. “This is what makes HYPE compelling — unlike the memetic majority of crypto (bitcoin included), HYPE generates legitimate cash flow,” the firm wrote. That cash flow, according to Citrini, is reinforced by a protocol-level repurchase mechanism. The report said more than 90% of the fees generated by Hyperliquid are redirected into the Assistance Fund, which then systematically buys HYPE in the open market. Citrini described those repurchases as “built into the fabric of the Hyperliquid protocol.” Related Reading: Hyperliquid Strategies Stays Profitable: Strategy And Bitmine Record Losses Above $10 Billion Citrini also emphasized the scale of Hyperliquid’s buyback program. “The structure in itself is attractive, but what’s more astonishing is the pure scale of the Fund,” the firm wrote. Since the Assistance Fund launched in January 2025, cumulative purchases have surpassed $2 billion, according to the report. The firm added that, by some measures, Hyperliquid repurchases have accounted for nearly half of all token-buyback activity across the crypto market in 2025. Measured against token market capitalization, Citrini said the HYPE buyback “clocks in at roughly 7% annually.” That figure is important because it places HYPE closer to a traditional capital-return framework than the typical crypto token model. A recurring 7% annualized buyback rate, if sustained, gives investors a concrete reference point for evaluating token supply dynamics and protocol economics. It does not remove execution risk, but it changes the conversation from pure speculation to the durability of Hyperliquid’s volume, fee base and competitive position. Related Reading: Grayscale Calls Hyperliquid A Breakout Success Story In New Research Report Citrini also pointed to a pending supply-side development. The report said the Hyperliquid Foundation had brought forward a validator vote that would officially burn $1 billion in HYPE tokens held in the Assistance Fund. “Looking forward, all HYPE tokens held in the Assistance Fund will be viewed as burned,” the firm wrote. That treatment would sharpen the token’s buyback narrative. Instead of Assistance Fund holdings being seen as a passive reserve, Citrini’s framing suggests investors may increasingly treat them as economically removed from circulating supply. For a market that closely tracks float, unlocks and emissions, that distinction matters. The report’s final point focused on Hyperliquid’s runway. Citrini said the “advent of Hyperliquid ETFs” has shone a spotlight on the exchange, citing Bitwise’s spot HYPE ETF under the ticker BHYP US. “The Hyperliquid runway is wide,” the firm wrote. “We think there is still significant market share to be captured.” That is the Wall Street angle. Hyperliquid is no longer just being discussed as a fast-growing decentralized perpetuals venue inside crypto-native circles. Citrini is presenting it as a cash-flowing, buyback-supported market-structure asset that could benefit from institutional product development and continued share gains in derivatives trading. At press time, HYPE traded at $62.13. Featured image created with DALL.E, chart from TradingView.com
Regulatory approval for US onshore perpetual markets could unlock billions in untapped growth potential.
The post Will Price: The US onshore perpetual market is untapped, Lighter’s zero-fee model revolutionizes trading, and engineering talent rivals top AI startups | Bankless appeared first on Crypto Briefing.