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cryptoJun 17, 2026, 5:02 PM

Crypto Roundup: Bitcoin Consolidation, US CBDC Ban, Hyperliquid OI Hits $10B

Bitcoin consolidates as the US bans CBDC until 2030, Hyperliquid reaches $10B in open interest, and memecoin activity plummets on Pumpfun.

BTCUSD

Bitcoin consolidation – Analysts have identified reasons behind the current consolidation in Bitcoin's price. Meanwhile, the US has decided to ban the issuance of a central bank digital currency (CBDC) until 2030.

Hyperliquid – The decentralized exchange Hyperliquid has seen its open interest surge to $10 billion, indicating growing activity.

Memecoin decline – Falling interest in memecoin tokens has significantly reduced activity on the Pumpfun platform.

Other news – The People's Bank of China has called for monitoring the role of stablecoins in payments. Alibaba has introduced AI models designed for robot control. The US gambling industry has come out against sports prediction markets. Additionally, media reports suggest that Sam Bankman-Fried plans to launch a token after his release from prison. A neural implant allowed an ALS patient to transmit nearly 2 million words.

Source: ForkLog