What happened in the crypto space over the last 24 hours? Coinbase advances tokenized stocks: Coinbase plans on-chain stocks with 1:1 backing and automated dividend payouts, reinforcing the growing trend toward tokenized securities and positioning Coinbase as an “Everything Exchange.” Ethereum whales are buying heavily: Several large wallets (including ICO participants and geministar.eth) invested tens of millions of dollars in ETH over the past few days (e.g., 32k+ ETH ~$57M). Arthur Hayes’ wallet purchased an additional 1,400 ETH. Hyperliquid (hyperliquid:native) reaches all-time high: The token surged to new ATHs, accompanied by strong growth in open interest for perpetuals. Traders like GarrettBullish took profits (~$2.83M) and rotated partially into UNI. Circle mints 530M USDC: Massive stablecoin issuance signals sustained demand for on-chain liquidity. Uniswap (ethereum:0x1f9840a85d5af5bf1d1762f925bdaddc4201f984) and altcoins rally: UNI jumped +22% (with analyst targets up to $100), while broader altcoin rallies (HYPE, SOL, etc.) continued despite sideways movement in bitcoin:native. DeFi and AI narratives dominate. Mystery trader makes $9M on Polymarket (World Cup): A new wallet amassed significant gains by betting against Spain and other matches—on-chain analysts debate whether this was insider information or luck. Additional momentum in tokenized assets and RWA: - State Street launches a money market fund for stablecoin reserves - Ripple invests in Flutterwave for XRP/RLUSD payments in Africa - Broad trend toward on-chain stocks and real-world assets - Thetanuts Finance exploit (~$2.1M): Whitehat attack on an old (migrated) contract—most funds are expected to be returned as a bug bounty - Bitcoin on-chain signals: Holders absorbed ~125k BTC in June - Exchange outflows (~11k+ BTC) - Sharpe ratio at cycle low (historically a bottom signal, though often accompanied by prolonged sideways phases). BTC trading around $65–66k - Glamsterdam (Ethereum upgrade) approaches final stage