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Coin Mornings
Your daily crypto, before coffee.
Issue #16 · Sunday, June 28, 2026
Market mood  Extreme Fear · 18/100  ▲ from 15 yesterday
Bitcoin and ether flat today amid extreme fear, as the market processes back-to-back quarterly losses and emerging security concerns across protocols.
 
 

  The Numbers

Bitcoin (BTC)$60,252  +0.1%
-6.1% this week
Ethereum (ETH)$1,580  +0.1%
-8.6% this week
Total crypto market$2.16T  -0.3%
BTC dominance 55.9% · BTC 52% below its all-time high

  The Movers

Top gainers (24h)

VELVET Velvet+27.9%
PUMP Pump.fun+14.8%
DEXE DeXe+7.3%
VVV Venice Token+4.1%

Top losers (24h)

币安人生 币安人生 (BinanceLife)-16.5%
M MemeCore-12.5%
LAB LAB-11.5%
AAVE Aave-6.4%

From the top 100 coins by market cap.

  The Read

Where the chart sits — description, not prediction

Bitcoin is trading below both its 50-day ($69.4K) and 200-day ($75.7K) averages — the longer-term trend reads as down. Over the past 30 days it has traded between $59.7K and $73.8K; today's price sits in the lower third of that range. RSI(14) is 27 — territory traditionally described as oversold.

See all nine coins on the daily markets page →

  The Brief

 Base network reveals sequencer bug behind recent outages

Coinbase's Base layer-2 network identified a race condition causing back-to-back outages. The technical flaw prevented sequencers from syncing after system resets, temporarily halting transaction processing. (Cointelegraph)

 SecondFi loses $2.4M in Cardano wallet exploit

A flaw in SecondFi's wallet-generation software allowed attackers to drain approximately $2.4 million in ADA from 374 addresses. The platform announced a two-week recovery timeline. (The Block)

 Bitcoin, ether end first half down for second consecutive quarter

Bitcoin and ether both closed Q2 negative, marking a rare back-to-back losing first half. Bitcoin is down nearly 7% this week as altcoins fall harder alongside broader market weakness. (CoinDesk)

 Fidelity defends Bitcoin security post-halving amid debate

The asset manager countered concerns that Bitcoin's fixed supply schedule undermines network security as miners face reduced block rewards. Fidelity argues the protocol remains secure regardless of halving events. (Cointelegraph)

Partner

Crypto taxes, untangled.

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Crypto 101

What does "DYOR" mean?

"Do your own research" — crypto's standard disclaimer, and genuinely good advice: incentives in this industry mean much of what you read is someone's exit strategy.

“Most altcoins from the last cycle never recovered. Position sizing matters.”

Coin Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Crypto is volatile — never invest more than you can afford to lose. Some links are affiliate links; we may earn a commission at no cost to you. Prices via CoinGecko, sentiment via alternative​.me, captured shortly before send.

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