In crypto news today (June 12), Bitcoin is consolidating between $62,200 and $63,200, up just +0.5% overnight. This move in BTC has traders hoping that a strong support level is forming at $62,000 and could help Bitcoin hold above $60,000. Liquidations have slowed considerably, with just $270M over the past day, down from over $450M yesterday and nearly $2Bn last week.
Of the other major caps, SOL and XRP have shown strength overnight, up +2.2% and +1.9%, respectively. Trading volume continues to cool, at $79Bn over the past 24 hours, down from $81Bn today, indicating declining trader participation.
BTC surged over the weekend, and Bitcoin ETF flows finished last week in the green, with $85M in inflows on June 12. If flows continue to turn green, this could be the real catalyst behind a larger upside move across crypto and possibly see BTC USD hit $70,000.
With Bitcoin and the broader market making big moves over the weekend and ETF flows turning green, the Fear & Greed Index has moved to 20/100, still in ‘Extreme Fear’ but up from 12/100 at the end of last week.
Aerodrome Adopts Liquidity Forecasting Model, Betting on AI and Prediction Markets
Aerodrome, the largest decentralized exchange on the Base network, is preparing for a significant upgrade. The project intends to replace its current liquidity allocation voting system with a new mechanism that rewards users for accurately predicting future capital demand.
The new mechanism, called Predictive Allocation, is scheduled to launch in July and will replace the weekly voting system in use since the platform’s inception.
According to Alex Cutler, the founder of Dromos Labs, the current model mainly depends on existing market activity and the historical performance of trading pools.
Predictive Allocation aims to change this approach by rewarding participants for accurately predicting where liquidity will be needed in the future, rather than simply directing incentives toward pools that are already generating fees.
The project believes that this new mechanism will enable more efficient allocation of capital to promising market segments before sustained demand emerges.
Cutler points out that the new model draws heavily on the principles of prediction markets; however, unlike traditional event-betting platforms, users will not only make forecasts but also influence outcomes through their actions.
Aerodrome to Launch Predictive Allocation, Bringing Prediction Market Dynamics to Liquidity Allocation
Aerodrome, the largest DEX in the Base ecosystem, will launch its Predictive Allocation mechanism in July, replacing historical performance-based incentive allocation with a… pic.twitter.com/gGLvSXwjlg
— Wu Blockchain (@WuBlockchain) June 14, 2026
Biggest Gainers and Losers: Bittensor Subnet CHUNKING Surges +400% While SIREN Falls -40%
In other crypto news today, Bittensor subnets are going crazy, none more so than Chunking (SN40), which mooned +400% over the past 24 hours, making it the biggest winner in this Monday morning European trading session.
Asteroid Shiba (ASTEROID) is another high-performing token today, up +96% since yesterday, with a volume surge to $24.5M driving the move. Whether it can be sustained will depend on that volume continuing to rise.
Some of last week’s biggest performers have become the biggest losers to start this week, with SIREN, BEAT, and AIO down -42%, -32%, and -12%, respectively. All three tokens made significant gains last week, but none has been able to sustain those moves this week.
For all of these moves, positive and negative, keep an eye on volume levels as an indicator of the next direction, with a drop in volume on high-performing tokens likely to signal the end of the bullish price action.
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
