- RAREMINTS
- Posts
- 🟢 Bitcoin Reclaims $71,000 (Counterflow)
🟢 Bitcoin Reclaims $71,000 (Counterflow)
ALSO: Bithumb’s $44 billion mistake 😹
In partnership with
🧠 Today’s DYOR:
• Bitcoin price reclaims $71,000 as institutions buy the dip
• Bithumb bitcoin blunder sends $44 billion to users
• NBA star Giannis Antetokounmpo invests in Kalshi
• Bottom forming on $SKY
Let’s dive in.
📈 Market Indicator
👀 Trending
💚 Bitcoin price reclaims $71,000 as institutions buy the dip and retail interest surges
Bitcoin has rebounded above $71,000 after a sharp selloff, as institutions stepped in to buy sub-$70K levels. While large investors see a second chance at accumulation, retail traders are still hunting for signs of capitulation. Surging search interest suggests volatility has reignited broad market attention.
😂 Bithumb bitcoin blunder sends $44 billion to users, rattles crypto markets
Bithumb accidentally sent over $40B worth of Bitcoin to users during a botched promo payout, briefly rattling crypto markets. The exchange recovered 99.7% of the funds within minutes and said the incident was not a hack. Regulators have since launched inspections, raising concerns over internal controls.
🏀 Kalshi says NBA star Giannis Antetokounmpo's stake is below 1%; controversial deal was signed Thursday
NBA star Giannis Antetokounmpo disclosed a sub-1% equity stake in prediction market Kalshi, valuing his position at under $110M. Kalshi says Giannis is barred from trading NBA-related markets, despite prior markets on his trade rumors drawing $23M in volume. The deal sparked backlash as regulators scrutinize prediction markets and Kalshi faces state-level legal pressure.
✉️ A Message From Counterflow:
Money Management Making You Mad?
Most business owners hit revenue goals and still feel cash-strapped.
Not because they're not making money. But because their money flow is broken, their decisions feel urgent instead of strategic, and their systems feel fragile instead of solid.
The Find Your Flow Assessment pinpoints exactly where friction shows up between your business and personal finances.
5 minutes with the Assessment gets you clarity on:
where cash leaks
what slows progress,
whether your current setup actually serves you
No spreadsheets, or pitch. Just actionable insight into what's not working and why.
Educational only. Not investment or tax advice.
🌍 Industry News
Crypto bank Erebor wins first new US bank charter of Trump’s second term [Read more]
Cryptodotcom CEO Kris Marszalek bought AIdotcom for $70M in crypto, plans Super Bowl debut [Read more]
Jack Dorsey's Block looking to cut up to 10% of workforce in latest efficiency push [Read more]
Teens face felony charges after 600-mile drive to allegedly attempt a $66M crypto robbery [Read more]
Bitcoin mining difficulty drops 11% in largest negative adjustment since China's 2021 ban [Read more]
China tightens stance on RWA tokenization and offshore yuan stablecoins, reiterates crypto ban [Read more]
Tether helps Turkey seize $544M in crypto tied to illegal betting network [Read more]
🚀 Projects
ETH address protocol ENS Labs scraps Namechain L2, shifts ENSv2 fully to Ethereum mainnet [Read more]
EVM-compatible MegaETH to use USDM stablecoin revenue to fund MEGA token buybacks [Read more]
PumpFun acquires Vyper to expand cross-chain trading terminal [Read more]
XRP jumps nearly 20% as Ripple teases major XRPL upgrades [Read more]
Zcash down over 50% since Winklevoss-backed DAT’s last purchase [Read more]
🔥 Trending Tokens
$BFS (-94%): MrBeast Financial Services meme completely rug pulls [Read more]
$DUSK (+23%): Dusk rebounds as investors buy the dip [Read more]
$SIREN (+18%): Siren AI pumps and dumps in perps-fueled rally [Read more]
$BNKR (+54%): Bankrbot gains as AI Agent adoption increases [Read more]
$KITE (+20%): Kite approaches new ATH as AI Agent narrative strengthens [Read more]
* % increase shown are changes over the past week
🌙 Daily Pick
$SKY: Sky Protocol (formerly Maker) is a decentralized finance (DeFi) ecosystem, focused on generating risk-adjusted returns through the USDS stablecoin and SKY governance token.
X: @SkyEcosystem
CA: 0x56072C95FAA701256059aa122697B133aDEd9279
Current Price: $0.06742
FDV: $1.58B
Bullish Outlook: SKY’s bull case is driven by real adoption and strong cash flow. Listings like Robinhood boost retail access, while Kraken’s DeFi Earn product automatically routes funds into the Sky ecosystem, creating steady, organic demand for USDS, the protocol’s stablecoin. As USDS adoption grows, protocol revenue rises, funding ongoing SKY buybacks and staking rewards. With over 1 billion tokens already repurchased and revenue projected to scale sharply in 2026, SKY benefits from a deflationary flywheel where usage directly supports long-term value.
*Disclaimer: This content is for informational purposes only and should not be considered financial advice; always do your own research before making any investment decisions.
✨
|  |