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Markets
Crypto Global Bid and Ask Metric Plunged 20% Over Weekend, Points to Paper Thin Liquidity
Hyblock Capital's global bid and ask indicator plunged 20% during Saturday's altcoin crash, indicating a sharp deterioration in the crypto market liquidity.

SOL, ADA, MATIC Prices Stabilize as Foundations Hit Back on SEC Lawsuit Allegations
The tokens were up as much as 5% in the past 24 hours even as the broader market remained nominally changed.

Bitcoin Dominance Surges, Accounting For Nearly Half of The $1T Crypto Market, Amid Altcoin Selloff
Bitcoin's dominance rate neared the 50% mark early Saturday as altcoin crash triggered a flight to safety.

Millions in Polygon’s MATIC Tokens Were Sent to Binance and Coinbase Ahead of 30% Slide, Data Shows
“Altcoins can crash this weekend even more as trading volumes are thin and market makers such as Binance have become less active,” one crypto firm warned.

SOL, ADA, MATIC Tokens Slide 20% in Sudden Move Days After SEC Lawsuit Allegations
Several tokens were alleged as securities earlier this week, leading to a possible risk-off among traders.

With Ether Options Market Makers 'Long Gamma' at $1.8K, Price Is Likely to Hold
Traders said market makers are holding options with a $1,800 strike price and are likely to influence prices as they try to keep their portfolios direction-neutral.

Robinhood Ends Support for All Tokens Named in SEC Lawsuit as Securities
The trading platform will end support for Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27th.

First Mover Americas: Binance.US Suspends Dollar Deposits
The latest price moves in crypto markets in context for June 9, 2023.

Bitcoin Trades at Narrow Discount on Binance.US
News of a possible halt in U.S. dollar withdrawals sparked an increase in bitcoin trading as customers looked to remove their assets from the exchange, one observer said.

Jobs Data Offers Faint Hope for Digital Assets Even as Investors Fret Over Binance, Coinbase Suits
Initial jobless claims reached their highest levels since October 2021, ahead of next week’s rate decision
