Dragonfly Partner: Over $20 million in losses from the Balancer hack have been recovered by white-hat hackers.

Canary Capital has taken another step in its crypto exchange-traded fund expansion, filing with the Securities and Exchange Commission for a new product tied to a memecoin. Canary Capital Group LLC has filed an application with the U.S. SEC to…

On-chain analytics firm Santiment has explained how Bitcoin could currently be undervalued based on its 4-year correlation to Gold and S&P 500. Bitcoin Has Underperformed Against Gold & S&P 500 Recently In a new post on X, Santiment has discussed about BTC’s recent trend relative to Gold and S&P 500. Historically, the cryptocurrency has shown some degree of correlation to these assets, but the pattern has shifted lately. Related Reading: Bitcoin Spot Demand Growing For First Time Since Early October: CryptoQuant Head Any two given assets are said to be “correlated” when one of them reacts to movements in the other by showing volatility of its own. As the chart shared by Santiment shows, Bitcoin has diverged from the traditional assets during the last few months. From the graph, it’s visible that Bitcoin has overall gone down 15% since August 11th. In the same window, the S&P 500 and Gold are up 7% and 21%, respectively. Gold has been the clear winner, but the S&P 500 has also at least managed a profit. The same is clearly not true for the number one cryptocurrency, which has gone the opposite way. The different trajectories of the assets would imply that they are no longer correlated or only have a negative correlation. Based on the fact that Bitcoin has shown tight correlation to the two over the last four years, however, the analytics firm has said, “BTC is arguably being undervalued.” It now remains to be seen whether the cryptocurrency’s price will eventually close the gap to the others. In some other news, BTC is trading between two key on-chain price levels right now, as on-chain analytics firm Glassnode has pointed out in an X post. The levels in question are part of the Supply Quantiles Cost Basis Model, which maps out various Bitcoin price levels according to the percentage of the supply that will be in profit if BTC were to trade at them. Bitcoin broke above the 0.95 quantile during its rally to the new all-time high (ATH), meaning more than 95% of the supply entered into a state of unrealized gain. With the drawdown that the coin has faced since then, its price has slipped not just under this level, but also the 0.85 quantile, corresponding to supply profitability of 85%. Related Reading: XRP To $10? Analyst Reveals What Could Be The Spark This level, currently situated at $108,500, could act as a barrier preventing upward breaks. In the down direction, the 0.75 quantile is present as a cushion around $100,600. “These levels have historically acted as support and resistance, with a break of either likely to define the next directional trend,” explained Glassnode. BTC Price At the time of writing, Bitcoin is floating around $105,000, up 2.5% over the last seven days. Featured image from Dall-E, Glassnode.com, Santiment.net, chart from TradingView.com

The post Explore Ethereum Innovations at ETHConf 2026 New York City appeared on BitcoinEthereumNews.com. ETHConf 2026 New York City ETHConf 2026 New York City Location: Javits Center, 429 11th Ave, United StatesDate: Mon, Jun 08 – Wed, Jun 10, 2026Time: 05:00 AM – 02:00 PM (UTC-04:00) Eastern Daylight Time (US & Canada)Event Type: Ethereum SummitOfficial Website: https://ethconf.com/ Event Overview ETHConf is a 3-day event for founders, industry leaders, and builders who are excited about the possibilities of building on top of Ethereum. Participants will engage with key topics, including stablecoin issuance, decentralized finance (DeFi), and the latest Ethereum protocol updates. This conference is structured to offer insights into the future of on-chain infrastructure and institutional adoption. Why Attend? Gain insights from leading industry CEOs and innovators in the blockchain space. Explore cutting-edge developments in Ethereum and its applications. Network with top professionals and thought leaders from around the world. Discover new tools and strategies for building and leveraging decentralized technologies. Key Highlights Speakers: Stani Kulechov, Henry Stern, Sergey Nazarov, Sreeram Kannan, and more. Sessions: Interactive workshops, expert panels, and keynote speeches. Topics Covered: DeFi & Payments, Protocol Updates, Staking & Yield, Digital Asset Policy. Special Features: Networking events, interactive Q&As, and hands-on sessions. FAQs What is ETHConf 2026 New York City?ETHConf is a prominent Ethereum summit that brings together professionals to explore advancements and innovations on the Ethereum platform. When and where is it held?Mon, Jun 08 – Wed, Jun 10, 2026, 05:00 AM – 02:00 PM, at Javits Center, 429 11th Ave, United States. Who should attend?Professionals, industry leaders, developers, and enthusiasts in the blockchain and Ethereum sectors. What topics are discussed?Stablecoins, DeFi & Payments, Ethereum Protocol Updates, Infrastructure, Institutional Adoption, Staking & Yield, Digital Asset Policy, AI On-chain. Disclaimer: The text above is an advertorial article that is not part of Coincu.com editorial content. Source: https://coincu.com/blockchain-event/ethconf-2026-new-york-city/