Strategy’s bitcoin holdings have grown to 846,842 BTC after the company weathered the 2022 crypto-market downturn that put pressure on its balance sheet and stock. Executive Chairman Michael Saylor said Strategy raised more than $60 billion and added over 716,000 BTC. He also said the company’s BTC and U.S. dollar reserves now exceed debt by about $48 billion.

Researchers at the University of São Paulo used AI-driven predictive modeling to assess how the combined pressures of elevated CO₂, heat and drought could affect soybeans. The model projects bean output would rise 50%, while seed protein would drop 6% and starch would fall 20%. It also estimates amino acids would increase 175%. The projections were extrapolated from experimentally validated dual-stress data rather than direct tests of all three factors together, highlighting non-linear shifts in metabolic pathways.

Galaxy Digital CEO Mike Novogratz said Bitcoin’s recent slump may not last, arguing that a shift in U.S. monetary policy could revive the cryptocurrency. Speaking on a podcast with Anthony Scaramucci, he said high interest rates and tight liquidity have weighed on prices and retail interest. Novogratz added that rate cuts could bring money back into markets and improve sentiment around Bitcoin.

Bitcoin traded at $64,159 at 6:45 p.m. Eastern time on Saturday as derivatives positioning pointed to retrenchment and a shift in bets. CME bitcoin options open interest, measured in dollar terms, has slid from a peak near $290 million in late November to roughly $30 million to $40 million by mid June, according to Cryptoquant data. The pullback suggests traders have reduced exposure while repositioning around longer-dated strikes into 2026.

CryptoQuant’s network activity index has moved back into what it classifies as a bull phase after crossing above its 365-day moving average. The firm says the latest rise is being driven heavily by Runes and Ordinals-related microtransactions rather than larger economic transfers. BTC was at $62,500 at the time of writing, down 2.5% over 24 hours.

A transfer of 21 million LINK worth $166 million has put Chainlink’s quarterly unlock under the spotlight. Following the unlock, 18.375 million LINK valued at $144.93 million was deposited to Binance, according to Arkham. Traders are split on whether the movement signals routine distribution and liquidity provision or potential sell pressure.

Prediction markets set a weekly trading record after volume reached $10.8 billion, according to A16z crypto. The jump coincided with major finance, sports and geopolitical events. Weekly activity crossed the $10 billion mark for the first time.

India’s retail petrol and diesel prices have not been cut despite softer international crude prices, as state fuel retailers are still drawing down inventories bought at higher rates, Petroleum Minister Hardeep Singh Puri said. He said the central government absorbed a cost of about Rs 10 per litre through excise duty reductions, limiting the cumulative increase in 2024 to Rs 7.60. Puri added that, in real terms, prices were effectively unchanged compared with levels during the RussiaUkraine conflict that began in 2022.