Theta Network priceTHETA

$THETA looking good for a Sunday scalp here 👀

Today's issue of The Daily Candle by Crypto Banter is LIVE! We’re diving into 5 high-conviction trade setups across crypto & equities: 1. Ethereum - $ETH 2. Aerodrome Finance - $AERO 3. NEAR Protocol - $NEAR 4. Theta Network - $THETA 5. The Estée Lauder Companies Inc. - $EL Find our precise entries, targets, and stops inside. Don’t miss these trades!

Greeks.live: Traders focus on $BTC price and M2 money supply correlation Greeks.live macro researcher Adam published a Chinese community briefing, which pointed out that the group remains cautiously optimistic about the market, and generally believes that the realized volatility (RV) has not yet shown a downward trend. It is recommended that the double buy strategy can be closed to make a profit. Traders generally pay attention to the correlation between M2 money supply and $BTC prices. They believe that this indicator has shown effectiveness since 2024, but there are differences in its long-term reliability. The $SOL option liquidity trap has become a $HOT topic. Traders reported that they encountered liquidity depletion on deep in-the-money options and were unable to perform DDH hedging and position transfer operations, resulting in continuous losses in Theta decay that cannot be compensated by scalping strategies.

Crypto venture capital fund Frachtis completes $20 million fundraising The former Chorus One executive team has established a new crypto venture capital fund, Frachtis, which focuses on the intersection of blockchain and artificial intelligence and has raised $20 million. Frachtis will invest in decentralized infrastructure, middleware and consumer applications, and has currently deployed eight projects including Hyve, Turtle.Club and Bless network. The fund's limited partners include Chorus One, cyber•Fund, RockawayX and Theta Blockchain Ventures. (The Block)

Gradient Network, a decentralized artificial intelligence infrastructure project on Solana, has raised $10 million in a seed funding round led by Pantera Capital and Multicoin Capital. The Gradient team, which is building a decentralized AI runtime on Solana, announced the seed round funding milestone on June 17, 2025. Capital injection from the crypto venture capital giants will go into accelerating Gradient Network’s plans to democratize the edge computing ecosystem. While AI increasingly permeates every facet of society, its adoption has global concerns related to privacy, equity, and centralization top of the agenda for ecosystem players and regulators. Multiple projects are now looking to tap into blockchain technology to address privacy risks and exclusion among other concerns. Gradient Network’s decentralizing AI infrastructure is one of these endeavors, with key features driving integration including distributed data, compute and algorithm development. “This approach not only protects user privacy and democratizes access to AI but also mitigates the systemic biases entrenched in centralized systems,” Gradient Network wrote in a blog post. Gradient’s technology seeks to turn everyday devices such as smartphones and computers into a decentralized global network enabled for faster streaming and compute. In addition to Pantera and Multicoin, the $10 million seed round also saw participation from HSG (formerly Sequoia Capital China), along with several prominent partners and angel investors from across the crypto and AI sectors. Gradient Network’s roadmap includes two flagship technologies: Lattica, a universal peer-to-peer data communication protocol, and Parallax, an inference protocol designed to improve scalability throughout the AI ecosystem. Decentralized physical infrastructure networks continue to gain momentum as real-world adoption grows. Gradient joins a growing list of blockchain-based AI and data infrastructure projects including io.net, DePHY, Aethir, metastreet, and CrunchDAO. Top DePIN projects by market capitalization, according to CoinMarketCap, include Bittensor, RENDER, Theta Network, Helium, Internet Computer, and Filecoin.