Chinese blockchain firm Nano Labs announced a $500 million convertible notes deal to fund a major BNB acquisition, aiming to hold up to 10% of its circulating supply.

Nano Labs to issue $500M of convertible notes to fund BNB treasury

Mayor Eric Adams criticized Andrew Cuomo’s approach to crypto as New York 
governor, as voters in the Democratic primary prepare to choose their 
candidate for the November election.

NYC mayor lays out crypto plans as city residents vote in Democratic primary

Shiba Inu tumbled to an intraday bottom of $0.000010 on Sunday, marking its 
weakest point in 16 months. According to market analyst Tom Tucker, that low 
could set the stage for a sharp turnaround. Related Reading: Stablecoin Wars 
Ignite: Peter Schiff Champions Gold-Backed Digital Assets The meme coin has 
slipped 14% since June began and is off 37% from its May high of $0.00001764. 
Big holders are growing cautious too, with whale wallets down about 80% and 
open interest in Shiba Inu futures falling to $123 million—a level last seen 
in early April. Double Bottom Pattern Offers Hope Based on reports from 
Tucker’s June 22 chart examination, the meme coin appears to be forming a 
classic double bottom on its daily price graph. That pattern often signals 
that a sell-off has run its course. SHIB first bounced off roughly $0.00001028 
on April 7, climbing 70% to reach $0.00001765 by May 12. Now that the coin has 
revisited that support zone at around $0.00001030, traders will be watching 
closely to see if history repeats itself. $SHIB crashed 7.5% to $0.000011 as 
geopolitical tensions spooked markets. Down 38% from May highs, with whale 
holdings -80% and futures OI at a 1-month low. TA shows deep oversold levels, 
but a double-bottom near $0.00001030 could spark a 62% rebound if support 
holds.#SHIB pic.twitter.com/uEo3ebjxXD — Tom Tucker (@WhatzTheTicker) June 22, 
2025 Support Zone Holds Crucial Key According to Tucker, Shiba Inu needs to 
stay above $0.000010 to confirm the double bottom. The token has already 
climbed 7.7% from Sunday’s trough to trade around $0.00001081 today. If the 
support holds firm, he predicts a 62% rally that would lift SHIB to about 
$0.00001752—practically matching last month’s peak. Whales Exit As Risk 
Appetite Fades The most recent decline in major holder balances suggests that 
there could be a shift in market sentiment among Shiba Inu biggest fan base. 
Whale positions have been 80% lower from its May high, and the decline in open 
interest hints that leveraged speculators are not taking as much risk. Those 
moves suggest caution is likely to persist until the buyers return en masse. 
Shiba Inu Team Urges Patience Meanwhile, the Shiba Inu ecosystem’s marketing 
lead, Lucie, has asked the community to stay calm. Based on statements from 
the team, the rally to $0.01 is still the long-term goal, but reaching that 
milestone means to not &#8220;panic&#8221; and stay resilient. Panic is not an option. If 
we haven’t won yet, it’s because it’s not over. — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) June 22, 
2025 Related Reading: Bitcoin Wobbles? Metaplanet Buys Big, Breaks $1 Billion 
Mark Lucie reminded supporters that market swings are part of the journey and 
that holding through downturns could pay off down the line. Investors seeking 
a clear entry point might find the present price action appealing. If SHIB 
manages to hold above that $0.000010 support, a rapid recovery is in the 
cards. But if the coin goes below that line, the next move down might take it 
to even lower levels. Traders should be observing volume, whale actions, and 
the larger crypto market sentiment before making their next move. Featured 
image from Imagen, chart from TradingView

Shiba Inu Breakout Incoming? Bullish Setup Hints At Big Jump, Experts Say

Liquid staking platforms like Marinade Finance could be key to punishing 
misbehaving validators.

Solana gets new tools to slash validators that engage in sandwich attack

Ether bounced 17% from its recent low, but data shows pro traders unwilling to 
flip bullish on ETH.

ETH trades near $2.5K, but weak demand clouds bullish outlook

The integration comes with help from several Web3 companies, whose 
technologies offer a compliant user experience.