Из жизни альткоинов

Представитель правящей Индийской народной партии Прадип Бхандари (Pradeep Bhandari) призвал правительство изучить возможность создания стратегического резерва в биткоинах, чтобы повысить экономическую устойчивость страны.

Компания «Автосити», управляющая сетью автосалонов в Сибири и на Дальнем Востоке, уведомила инвесторов о наступлении дефолта по выпуску цифровых финансовых активов (ЦФА), предложив вариант обмена на новый выпуск с более длительным сроком обращения и сниженной доходностью.

The Bitcoin Coinbase Premium Gap has been positive for a while now, a potential indication of buying interest from US-based investors.

30-Hour MA Of Bitcoin Coinbase Premium Gap Continues To Be Green

In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Coinbase Premium Gap of Bitcoin. The “Coinbase Premium Gap” here refers to an indicator that keeps track of the difference between the BTC price listed on Coinbase (USD pair) and Binance (USDT pair).

The metric basically tells us about how the buying or selling behaviors differ between the userbases of the two platforms. The former is the main destination of the US-based investors, especially the large institutional entities, while the latter has a more global traffic.

When the indicator’s value is positive, it means the American whales are applying a higher buying pressure (or lower selling pressure) than the Binance users. On the other hand, it being negative suggests a net higher selling pressure on Coinbase has pushed BTC to a lower rate on there.

Now, here is a chart that shows the trend in the 30-hour moving average (MA) of the Bitcoin Coinbase Premium Gap over the past year and a half:

As displayed in the above graph, the 30-hour MA Bitcoin Coinbase Premium Gap has been above the zero mark for a while now, suggesting buying pressure has consistently been higher on Coinbase than Binance.

So far, the green streak in the metric has maintained for around 73 days, which is quite long. In fact, this is the longest period of buying on Coinbase since the spot exchange-traded fund (ETF) launch at the start of last year.

In the period between then and now, Bitcoin has often shown correlation with the Coinbase Premium Gap, potentially implying that US-based institutional investors have had a significant presence in the sector.

Considering this trend, the recent green streak in the metric can naturally be a positive sign for the asset. That said, things can quickly change in the cryptocurrency market sometimes, so the indicator could be to keep an eye on to watch out for any reversals into the negative zone.

In some other news, Bitcoin’s latest rebound has meant that it has managed to stay above a key support zone, as the on-chain analytics firm Glassnode has pointed out in an X post.

The chart shows the data for the Cost Basis Distribution of Bitcoin. According to this indicator, a notable amount of the asset’s supply was last purchased between $93,000 and $100,000. “Price holding above this band suggests the broader bullish structure is intact despite short-term volatility,” notes Glassnode.

BTC Price

At the time of writing, Bitcoin is trading around $107,800, up over 2% in the last week.

Оператор криптоматов Coinme из Сиэтла согласился заплатить штраф $300 000 за нарушение дневных лимитов на снятие средств и несоблюдение Закона штата Калифорния о цифровых финансовых активах (DFAL).

Согласно данным, представленным международной Группой разработки финансовых мер борьбы с отмыванием денег (FATF), с 2024 года применение стейблкоинов в незаконных схемах значительно увеличилось.

The national spokesperson for India’s ruling party has suggested that the country should explore a Bitcoin (BTC) reserve pilot and proactively work on a regulatory framework for crypto assets to lead the growing industry and strengthen its economy.

Politician Pushes For Bitcoin Reserve Pilot

On Thursday, Pradeep Bhandari, the national spokesperson of the Bharatiya Janata Party (BJP), urged the Indian government to explore a Bitcoin strategy to strengthen the country’s economy and project innovation.

In an article for India Today, Bhandari praised the US efforts to establish a Strategic Bitcoin Reserve, exploring budget-neutral options to expand its holdings without using taxpayers’ money.

He highlighted the US states’ race to pass crypto legislation and establish reserves. Notably, three states have already passed bills that allow the creation of a BTC reserve, with some, such as Texas, enabling the use of public funds to purchase and hold Bitcoin as a reserve asset.

Similarly, Arizona recently passed a bill that updated the state’s unclaimed property laws to include Bitcoin and other cryptocurrencies, technically creating Arizona’s first crypto reserve.

He also noted Bhutan’s crypto strategy, mining BTC using hydropower since 2021, offering a regional perspective. Notably, the South Asian country amassed a $1 billion Bitcoin reserve by May 2025.

BJP’s national spokesperson considers that the US shift and Bhutan’s strategy invite reflection about how BTC, thoughtfully integrated, could enhance India’s economic toolkit. “For India, observing this offers a lens to assess whether Bitcoin could diversify our reserves, complementing traditional holdings in an uncertain global economy,” the article reads.

Meanwhile, he suggested that the country, with its renewable energy capacity, could adapt Bhutan’s successful model, which shows that “digital assets can stabilise economies, a point worth considering.”

Crypto Regulatory Reform: A Must

According to Bhandari, these measures “reflect a growing recognition of Bitcoin’s potential to bolster fiscal resilience and serve as a hedge in uncertain economic conditions,” adding that these efforts aren’t a “reckless pivot,” but a “calculated step” toward embracing the legitimacy of digital assets.

Therefore, India stands at “a pivotal juncture,” having the opportunity to lead global markets with a “measured Bitcoin strategy,” like a reserve pilot, to “strengthen economic resilience and project modernity.”

Nonetheless, he explained that regulation in the country remains pivotal as India’s crypto policy needs clarity to unlock the industry’s potential. Notably, authorities tax crypto assets, but the sector remains highly unregulated.

BJP’s national spokesperson pointed out that in 2023, India chaired a crypto working group with the International Monetary Fund (IMF) to shape global standards. However, he considers it necessary to “race ahead” like the US and other jurisdictions, instead of pausing for consensus.

Clear regulation could bring both transparency and the required oversight to this emerging asset class—enabling responsible innovation while protecting a rising investor class.

He concluded that regulation is essential for “fostering institutional confidence and building a framework where Bitcoin can play a meaningful role in India’s macroeconomic strategy.”

Get Early Alpha with Our Immediate Analysis of Today’s Best Meme Coins

Check out our Live Update Coverage on the Best Meme Coins for June 27, 2025!

Crypto adoption is exploding now, with institutions like JPMorgan, Coinbase, and Mastercard leading the movement forward. And meme coins are definitely stealing the spotlight.

Now a $50B+ market, meme coins offer incredible investment opportunities that can 7-10x your gains in a single day. This makes them the go-to option for high-risk, high-reward players.

This page gives you the inside edge—live updates on trending meme coins, alpha from crypto degens, and whispers from FOMO-driven trading circles. If you’re hunting for the next 10x or 100x gem, you’re in the right place.

We update this page frequently throughout the day, as we get the latest insider insights on the best meme coins, so keep refreshing!

Disclaimer: Crypto is a high-risk investment, and you may lose your capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you. Wall Street Pepe ($WEPE) Explodes in Charts, Injecting FOMO Into the Meme Coin Market

June 27, 2025 • 08:46 UTC

Wall Street Pepe ($WEPE) surged by 68% in charts, over the last 24 hours, following the news about the ceasefire between Israel and Iran, which triggered a visible response in the crypto market as a whole.

Bitcoin itself peaked at $108K during the same period, but couldn’t match $WEPE’s pump.

$WEPE’s performance is even more impressive if we consider that the crypto market lost steam, during the last 24 hours, with $WEPE being among the only tokens to stay in the green.

Coming from a meme coin, this type of performance could rejuvenate the meme market, with utility-based meme coins like Snorter Token ($SNORT) reaping most of the benefits.

$SNORT’s presale is garnering a lot of attention thanks to the Snorter Bot, the Telegram-based Aardvark sniper which scouts the crypto market for hot tokens.

Learn more about what Snorter Token is.

Bakkt Fills an S-3 ‘Shelf’ Registration, $1B to Build a $BTC Treasury & Fuel Meme Coin Growth

June 27, 2025 • 07:57 UTC

Bakkt, the publicly traded crypto custody and rewards company has a pre-approved credit line after it filled an S-3 ‘shelf’ registration with the U.S. SEC on June 26.

The company can now tap the market through multiple equity and debt offerings. These can strengthen its balance sheet while also letting it rebrand to a Bitcoin-powered treasury, just like MicroStrategy and Metaplanet.

With more listed entities holding $BTC, the SEC and US lawmakers have more incentive to pay more attention to digital assets. This could mean increased compliance costs… or it can also mean more adoption pathways, such as crypto potentially becoming eligible for mortgage applications.

Either way, we’re experiencing historic flight-to-quality assets, and having a BTC treasury nowadays is the ultimate sign of long-term thinking.

While institutions continue to focus on hard-cap assets, retail will undoubtedly look for on-chain entertainment with the hottest meme coins and 1000x plays.

In this respect, crypto initiatives that cover both aspects, such as Bitcoin Hyper ($HYPER) will likely stand to gain a lot from the added visibility and Bitcoin-utility play.

Find out what is Bitcoin Hyper ($HYPER).

AI-Centric Crypto dApps Are Exploding According to DappRadar, 4.5 Million dUAW Want More On-Chain AI and Meme Coins

June 27, 2025 • 07:57 UTC

A report from DappRadar highlights that AI-related on-chain activity surged from 9% last year to 19% in 2025, an estimate of 4.5M daily unique active wallets. It’s no wonder when there are so many bullish signals for AI and crypto:

• Funding for on-chain AI projects in 2025 hit a record $1.39B
• Meta acquired 49% of Scale AI, and is doubling down on AGI by securing senior OpenAI researcher Trapit Bansal

We’re just halfway through the year. Demand for AI is so high that the companies regularly hit compute bottlenecks, which is pushing them towards more hardware and energy investments.

From AI crypto trading bots to AI creators like SUBBD, we have a convergence of big tech and increased retail activity. This will likely push significant attention and momentum to AI-linked tokens, including $SUBBD, $TAO, and $NEAR.

Find out more about $SUBBD.

По оценкам генерального директора PayPal Алекса Крисса (Alex Chriss), сейчас стейблкоины не сильно распространены для совершения повседневных платежей, однако со временем ситуация может измениться.

Stay Ahead with Our Immediate Analysis of Today’s Best Crypto Presales

Check out our Live Update Coverage on the Best Crypto Presales for June 27, 2025!

Adoption is surging for crypto presales, mainly driven by major market movers like Mastercard. The growing support from countries like the US is also a contributing factor. Crypto presales are early-bird opportunities that often offer a much higher profit potential than Bitcoin or stablecoins.

We’ll give you live updates on the trending presales, whale activities, projecting funding and development rounds, and critical alerts—everything you’ll need to get an edger.

We update this page frequently throughout the day, as we get the latest insider insights on the hottest presales, so keep refreshing!

Disclaimer: Crypto is a high-risk investment, and you may lose your capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you. Judge Finds Ripple Still Violated Law, Upholds $125M Fine. Why Is This Good for the Best Wallet Token Presale?

June 27, 2025 • 07:15 UTC

Yes, Trump is the Crypto President. Yes, he’s supporting pro-crypto voices everywhere, and yes – he even has his own meme coin. And yeah, he got rid of Gary Gensler at the SEC for the far more crypto-friendly Paul Atkins.

But no – the actual laws haven’t changed yet. As US District Judge Analisa Torres pointed out, that means the SEC and Ripple can’t arbitrarily to change the laws or decide that Ripple didn’t break them.

The latest Ripple/SEC move came quickly, only two weeks after both parties asked the judge to lower a civil penalty. Torres refused, showing that the court had found that Ripple violated the laws; it was too late to try to change the penalties post-fact.

The crypto landscape is certainly changing, but Ripple’s case highlights that it’s not there yet. Until US regulations are fully codified, nothing is certain.

But you can reduce that uncertainty with Best Wallet app. It’s the only crypto presale wallet, and the upcoming $BEST token provides:

• Lower transaction fees
• Increased staking rewards
• Community governance
• Exclusive presale access

Visit the Best Wallet token presale page to learn more. 

Top Presales to Soar as BitGet Beats Binance for Whale Trading, Coinbase Adds $ADA and $LTC to Base

June 27, 2025 • 07:15 UTC

CoinGecko dug into real liquidity levels in the crypto market and found that altcoin whales may have an easier time trading on Bitget than the almighty Binance.

CEX (centralized exchange) liquidity for the top 5 major crypto assets is generally healthy across various market depths, with Binance offering the most liquidity for BTC, while Bitget is the most liquid platform for altcoins within the 0.3%-0.5% interval

—CoinGecko Report

Meanwhile, another top CEX, Coinbase, has just launched two new wrapped assets, Cardano (cbADA) and Litecoin (cbLTC), on Base, its Ethereum layer-2 network.

Coinbase’s wrapped assets suite, which already includes top coins like Bitcoin, Digecoin, and XRP, makes cross-chain swaps easier for traders.

The top crypto exchanges are vital in making the best coins available to whales and penny traders alike. Even so, often the highest ROI comes from betting on new tokens that have yet to hit the exchange.

Learn more about the best crypto presales for potential big hitters.

While Bitcoin (BTC) trades less than 5% below its all-time high (ATH) of $111,814, recorded in May 2025, there are currently no signs of market overheating. On the contrary, the BTC market appears to be cooling, suggesting further price appreciation could be on the horizon for the leading cryptocurrency.

Bitcoin Bubble Chart Signals More Room For Growth

According to a recent CryptoQuant Quicktake post by contributor Crypto Dan, Bitcoin’s bubble chart indicates the market is currently in a cooling phase, with no signs of entering overheated territory.

For the uninitiated, the Bitcoin bubble chart visualizes market conditions using trading volume data, where the size of each bubble represents total exchange volume and the color indicates the rate of volume change. It helps identify market phases – such as cooling, neutral, heating, or overheating – by showing whether volume is increasing, decreasing, or remaining steady.

As shown in the chart below, Bitcoin remains in a cooling phase despite being within close range of its ATH. Historically, BTC tends to show signs of overheating when nearing all-time highs, but that’s not the case this time around.

BTC has been in this cooling phase since its April 2025 bottom of $74,508. Since then, the price has climbed more than 20%, yet the market shows no signs of a speculative peak. This divergence suggests there may still be room for further upside in the near term.

However, breaking past the ATH will likely require favorable macroeconomic conditions – such as interest rate cuts or easing regulatory pressures. The analyst added:

The market has already established a stable foundation. Thus, a strategy of patience, keeping an eye on major market events, and waiting for opportunities seems promising.

Meanwhile, prominent crypto analyst Titan of Crypto shared the following chart, noting that BTC continues to follow a bullish inverse head and shoulders pattern on the monthly timeframe, eyeing a potential breakout to $125,000.

To explain, the inverse head & shoulders pattern is a bullish chart formation that signals a potential reversal from a downtrend to an uptrend. It consists of three troughs – a lower low called “the head” between two higher lows called “the shoulders”, with a breakout typically occurring when the price crosses above the “neckline” resistance.

BTC May Struggle With Weak Demand

Despite promising technical signals, some on-chain data metrics raise caution. For example, BTC’s apparent demand has been declining steadily since May 2025, suggesting that buyer interest may be weakening.

Likewise, the Bitcoin MVRV Ratio is beginning to show signs of bull market fatigue. A flattening MVRV slope can often indicate a slowdown in momentum and caution among investors. At press time, BTC trades at $107,175, down 0.1% in the past 24 hours.

Криптовалютная биржа Kraken представила глобальную пиринговую платежную систему Krak, доступную для пользователей из более чем 160 стран, включая США. Система поддерживает переводы в цифровых и фиатных валютах.

Издание Reuters сообщило, что на фоне 40-летнего пика инфляции и общеэкономического кризиса, предприниматели боливийского административного центра Кочабамбе стали использовать криптовалюты для расчетов за товары и услуги.

Bitcoin’s mining power swung wildly this week. Hashrate dipped to roughly 660 EH/s, the lowest level since the summer of 2024, then surged by over 30% in just one day to climb back above 1000 EH/s.

According to mining trackers, these big swings underline how fragile operations can be when outside factors shift. The price of BTC also jumped briefly above $109,000 before drifting back toward the $107,000 mark.

Hashrate Plunges Amid Global Tensions

Based on reports, the drop to 660 EH/s coincided with US strikes against Iran and an Iranian counterattack. Some miners in the region appear to have powered down as a precaution. Iran once held close to 4% of the total hashrate at its peak, but its share now sits near 0.10%.

Meanwhile, US-based operations still lead the pack, accounting for more than 35% of global mining power.

Weather And Power Costs Hit Miners

A severe heatwave in Texas also played a role. Cooling thousands of rigs becomes a huge expense when temperatures soar. At the same time, hydroelectric output in parts of China and Canada tends to dip during summer months.

That forces some facilities to shut off rigs rather than run at a loss. Miners often use idle capacity to help balance local power grids or soak up extra energy when supply is high.

New Data Centers Drive Sudden Rebound

Then came yesterday’s jump. Several large “next-gen” data centers flipped their rigs back on after scheduled maintenance or testing. When those big sites reconnect, you see sudden bumps in network power.

Reporting lags may exaggerate the size of the jump at first, but even after corrections, the network still sits near its all-time high. This pattern shows how a few coordinated moves by major pools can ripple through the entire network.

Difficulty Cuts Offer Relief To Miners

In June, network difficulty fell by about 8.5%, making it easier for rigs to find blocks. Based on chain data, the cost to mine 1 BTC now stands near $98,000. That gives many operations a bit of breathing room when prices hover around $107,000–$108,000.

Looking Ahead To Network Stability

Bitcoin’s mining scene has grown more organized and cost-sensitive than ever. Small changes in power costs or weather can push big farms offline, then pull them back when conditions improve.

As prices bounce and difficulty shifts, miners will keep adjusting on the fly. Based on these swings, the network’s raw computing power is always ready to react to whatever comes next.

Featured image from Unsplash, chart from TradingView

On-chain data suggests the Bitcoin miners have recently been the most underpaid in around a year, as daily revenue hits a $34 million low.

Bitcoin Miner Revenue Has Observed A Plummet

According to data from the on-chain analytics firm CryptoQuant, the margins of the Bitcoin miners have recently taken a notable hit. Miners earn their revenue through two sources: block subsidy and transaction fees.

The first component, the block subsidy, refers to the reward that these chain validators receive as compensation for adding a block to the chain. The network gives out this reward as a fixed BTC-denominated amount.

Due to the existence of a feature known as the difficulty, miners are only able to add blocks at a more or less fixed rate of time, which adds another constraint to the block subsidy.

If speed and amount are fixed, that leaves only one variable related to this reward: the Bitcoin spot price. Changes in the price directly affect miners’ income from the block subsidy.

The other component of miner revenue, the transaction fees, is connected to the level of activity that BTC is observing. Investors attach these fees to their transfers as a small payment for the validators. In times when the network isn’t handling any notable traffic, senders have little incentive to pay any significant amounts, as chances are that their transfers will go through quickly anyway.

When there is congestion present, however, transactions can get stuck in the mempool for a while. During such periods, investors who want their moves to go through fast have no choice but to outcompete the other users in transfer fees. As such, the total transaction fees being received by the miners tend to spike during times of high activity.

Now, here is the chart shared by CryptoQuant that shows the trend in the two components of Bitcoin miner revenue over the past year:

As displayed in the left graph, the combined daily revenue of the Bitcoin miners has recently gone through a plunge. “Falling fees and Bitcoin’s price drop are crushing margins,” notes the analytics firm.

During the price low earlier, the metric reached a low of $34 million, which is the lowest that its value has been since April 10th. This comparison, however, doesn’t accurately portray how bad the current situation is for the miners.

The chart on the right shows the data of the Miner Profit/Loss Sustainability, a model that compares the miners’ revenue against the difficulty to determine how fairly paid the group is. From the indicator’s trend, it’s apparent that the recent low in mining revenue corresponded to miners being the most underpaid since July 2024.

BTC Price

At the time of writing, Bitcoin is floating around $107,000, up over 2% in the last seven days.

The Hong Kong government has released a new policy statement aimed at advancing its crypto asset ecosystem, reinforcing its ambition to become a key hub for crypto innovation and regulation.

Titled “Policy Statement 2.0,” the initiative builds on the region’s first digital asset policy introduced in October 2022 and outlines an updated framework for regulating and supporting the tokenization of real-world assets (RWAs) and expanding crypto licensing measures.

Regulatory Clarity and Broader Tokenization Initiatives

The updated strategy introduces the “LEAP” framework, which stands for “Licensing, Education, Application, and Protection.” The government plans to streamline regulatory oversight for crypto service providers, including exchanges, stablecoin issuers, and custodians.

At the same time, the statement sets out goals for scaling RWA tokenization through legal clarity, new infrastructure, and public-private collaboration. Hong Kong Financial Secretary Paul Chan emphasized the importance of blockchain in enabling lower-cost and more inclusive financial services.

Under the policy, the Securities and Futures Commission (SFC) will serve as the lead authority on upcoming licensing regimes for digital asset dealers and custodians.

In parallel, the Financial Services and the Treasury Bureau (FSTB), in coordination with the Hong Kong Monetary Authority (HKMA), will conduct legal reviews to ease the path for RWA tokenization.

The government also intends to standardize the issuance of tokenized government bonds and develop new tax guidelines for tokenized exchange-traded funds (ETFs), aiming to support both primary issuance and secondary market trading.

Beyond financial instruments, Hong Kong’s policy looks to incentivize tokenization across sectors, including precious metals, non-ferrous metals, and renewable energy.

These steps are designed to enhance market liquidity, improve accessibility, and foster innovation in asset management. Public consultations on the proposed licensing structures are expected soon, with the FSTB and SFC leading efforts to incorporate industry input into the development of these frameworks.

Cross-Sector Collaboration and Stablecoin Oversight

As part of the broader plan to expand crypto asset infrastructure, the Hong Kong government is encouraging collaboration between regulators, law enforcement agencies, and technology providers.

This includes initiatives to boost security, interoperability, and use case development across both the public and private sectors. The goal is to create a more strong and scalable foundation for crypto asset adoption across industries.

In addition to the new policy, earlier developments have laid groundwork for Hong Kong’s approach to crypto regulation. In May, the Legislative Council passed legislation to establish a licensing regime for stablecoin issuers, set to take effect on August 1.

Financial Secretary Chan noted that this move will support Hong Kong’s broader financial strategy, including its ambitions to serve as an offshore yuan hub. Industry participants such as Eugene Cheung of OSL Group have welcomed the changes, describing them as aligned with global trends in tokenization and financial digitization.

Featured image created with DALL-E, Chart from TradingView

Reeve Collins and Chinh Chu are lining up to raise as much as $1 billion through a SPAC to build a big crypto fund. According to a Bloomberg report, they’ve bought sponsor stakes in M3-Brigade Acquisition V Corp. The money would flow into a mix of Bitcoin, Ethereum and Solana. Investors will be watching every step closely.

Background On The Sponsors

Reeve Collins helped start Tether and led that company from 2013 to 2015. Chinh Chu spent years as a top dealmaker at Blackstone before she left in 2015. Based on reports, each has a sponsor interest in M3-Brigade Acquisition V Corp. That gives them a direct say in how the SPAC moves forward.

So, $mbav. On ssr after today. Like the setup. Tether co-founder hype. Will buy the panican shares. Also, Mohsin Meghji is an extremely smart cookie IYKYK. Tbh. The whole board is super solid. Unique for a spac. https://t.co/aazIvjFNeI

— TheForestnottheTrees (@richtrades100) June 25, 2025

Structure Of The SPAC Deal

M3-Brigade Acquisition V Corp is already listed on a US exchange. Collins, a Tether Co-founder, and Chu, former Blackstone executive, are working with Cantor Fitzgerald LP as adviser. They hope to merge the SPAC with a newly formed fund.

The goal is to turn public capital into crypto assets. The plan could change before it closes, though. The $1 billion target is what they’re talking about for now.

Portfolio Mix And Goals

The fund would hold at least three assets: Bitcoin, Ethereum and Solana. Based on reports, they’re looking to spread risk by picking more than one token. That stands in contrast to a recent effort by hedge fund executives who want $100 million for a BNB-only treasury.

Industry Implications And Next Steps

Institutional interest in crypto treasuries has picked up over the past year. Several public companies have already added Bitcoin to their balance sheets.

This new move could push more firms to consider digital tokens. Cantor Fitzgerald’s role suggests the sponsors want to follow clear rules on how money flows. Investors will want updates on timing, fees and how assets are valued.

Regulators are still watching SPAC deals closely. Any big change in plan could draw extra questions. Based on reports, Collins and Chu haven’t set a firm deadline for closing. The SPAC could hunt for other targets tied to crypto or blockchain if this fund plan shifts.

This effort feels like a next step in bringing crypto into the mainstream of big investors. If it succeeds, a $1 billion digital asset treasury could become a new benchmark.

Featured image from Unsplash, chart from TradingView

Bitcoin is up 10% since last Sunday, reclaiming key levels and setting the tone for what could be the next major leg in this bull cycle. After briefly dipping below $100,000 amid geopolitical tensions in the Middle East, BTC has rebounded strongly and is now trading above $106,000 — a level that signals renewed strength and market confidence. However, despite the breakout from recent lows, the rally still needs confirmation. Analysts agree that the bullish structure will only be fully validated once Bitcoin breaks above its all-time high and enters price discovery.

Momentum is clearly shifting in favor of the bulls. Trading volumes are climbing, and investor sentiment is turning optimistic as BTC approaches the $110K resistance. Yet, not all indicators are aligned. According to CryptoQuant, the MVRV Ratio — which measures market value relative to realized value — is beginning to stall. Historically, this has preceded slower phases of growth or local tops.

While a decisive breakout could trigger the next surge, the current hesitation in on-chain momentum suggests traders should remain alert. With volatility rising and macro uncertainty still present, BTC’s next move could define the broader market trend heading into the second half of the year.

Bitcoin At A Crossroads: Will Bulls Break Out or Retrace?

Bitcoin is hovering at a pivotal level, with the market on edge as it decides between a breakout into price discovery or a deeper retrace toward lower support. After rebounding 10% since last Sunday, BTC reclaimed the $106K level, recovering from recent volatility caused by geopolitical tensions. Bulls are confidently holding the range, yet momentum has stalled just below the crucial $110K mark — the gateway to new all-time highs. Meanwhile, bears have failed to push Bitcoin below the psychological $100K level, signaling strong underlying demand.

According to on-chain data from CryptoQuant, while the short-term recovery looks impressive, the MVRV Ratio is flashing early warning signs. This metric — which compares Bitcoin’s market value to its realized value — helps identify overvaluation zones. More importantly, the 365-day moving average slope of the MVRV Ratio, which has reliably signaled cycle tops in the past, is starting to flatten. This suggests that bullish momentum could be fading, even as prices hold up.

This development doesn’t imply that a downtrend is imminent, but it does raise the possibility that Bitcoin is entering the late stages of this bull cycle. Historically, such phases often culminate in euphoric surges before topping out. With that in mind, traders and investors must remain strategic. Managing risk and capital allocation becomes critical when momentum weakens, especially in a high-stakes environment.

While there’s still room for short-term upside — especially if BTC breaks above $110K — long-term signals advise caution. Tactical plays may be profitable, but ignoring macro and on-chain context at this stage could expose portfolios to unnecessary risk.

BTC Faces Local Resistance

Bitcoin is currently trading at $107,227, showing strong recovery momentum after last week’s dip to $98,000. The 12-hour chart reveals a bullish structure, with price breaking above the 50 and 100-period SMAs, both converging around $105,500 — now acting as near-term support. The move confirms bullish intent, especially as volume picked up significantly on the breakout from the $103,600 support zone.

However, BTC is now approaching a critical resistance level at $109,300, which has acted as a ceiling for over a month. Price action suggests multiple failed attempts to break this level, forming what many traders would call a local “horizontal range.” A clean break and close above $109,300 would likely trigger a push into price discovery, with bulls targeting $115,000 and beyond.

On the downside, a rejection at current levels could lead to a retest of the $105,000 support. The 200-period SMA around $96,365 remains the ultimate support base in case of a deeper correction.

Featured image from Dall-E, chart from TradingView

A crypto analyst has revealed a significant disconnect between the Bitcoin price peak and the continued expansion of the Global M2 money supply. In his analysis, he shares a surprising comparison that raises fresh questions about the true drivers of the crypto bull market and how liquidity trends impact price cycles. 

Bitcoin Price Moves Ahead Of Global M2

A recent analysis by Rekt Capital, a crypto expert on X (formerly Twitter), draws attention to a critical timing mismatch between the Bitcoin price movements and global liquidity levels, measured by the Global M2 money supply. According to the data, Bitcoin reached an all-time high in November 2021, marking the peak of the bull market. However, Global M2 continued to rise for another five months, finally topping out in April 2022.

This five-month divergence has prompted a reevaluation of Bitcoin’s sensitivity to macro indicators and its ability to act as a leading macroeconomic signal. Rekt Capital’s analysis implies that while liquidity conditions heavily influence Bitcoin, it does not necessarily move in lockstep with them. Instead, it may anticipate shifts in monetary policy and investor sentiment before they fully play out in traditional finance indicators like the money supply.

While Bitcoin had already begun its decline following its peak in November 2021, the expansion of the global money supply persisted, indicating that central banks and financial systems were still operating under loose monetary conditions well into 2022. Notably, Rekt Capital’s analysis does not imply a direct cause-and-effect relationship but highlights a clear time lag between Bitcoin’s price behavior and global liquidity trends. This places BTC in a unique position in the financial landscape, as both a liquidity-sensitive asset and a potential early warning signal to broader market changes.

BTC And Global M2 Set Stage For September Surge

Crypto Con, a crypto analyst on X, has also shared insights into the relationship between Bitcoin’s price and changes in the Global M2 money supply, indicating the potential for a major upside move in the leading cryptocurrency. The chart, published on June 25, presents a side-by-side comparison of Bitcoin’s historical performance with a 10-week forward-shifted Global M2 metric. 

The chart’s data reveals a recurring pattern where the Global M2 expanded, and Bitcoin followed with a rally approximately ten weeks later. Conversely, contractions in M2 preceded Bitcoin’s price declines by the same time frame. This trend was observed during several key turning points in the market cycle. 

In April 2023, a significant decline in M2 was followed by a Bitcoin price downturn. A reversal and increase in M2 around March 2024 corresponded with the start of a sustained Bitcoin rally. Similarly, the December 2024 peak in M2 anticipated a Bitcoin correction several weeks later.

Based on this trend, current conditions remain favorable. The forward-shifted Global M2 continues to show an upward trajectory, implying that Bitcoin may experience more upside movement through early September 2025.

A big name in crypto is about to get a closer look. US Liberty Financial (WLF), the firm tied to US President Donald Trump, will release its first audit for the USD1 stablecoin in just days.

The token hit over $2 billion in market cap since its March debut. And that’s not all. WLF is also rolling out a new mobile app for regular investors.

Audit To Reveal Reserve Details

According to reports, the audit will spell out what backs every USD1 token. WLF says the stablecoin is covered by US dollar deposits, cash equivalents and US Treasuries. BitGo holds those assets in custody.

Once the audit hits, WLF plans to publish monthly reserve updates. That level of transparency could help win over big players and everyday users alike.

Zak Folkman, the co-founder of U.S. President Donald Trump’s cryptocurrency platform World Liberty Financial, said on Wednesday that the company will issue an audit of its stablecoin “within days” and that it planned a new app. https://t.co/kTZVLB7n7O

— Reuters Legal (@ReutersLegal) June 26, 2025

Mobile App Aims At Everyday Investors

Based on reports, the upcoming app will make it easier for people to buy, hold and send USD1. It looks to simplify on-ramps and off-ramps so that someone new to crypto won’t feel lost.

WLF co-founder Zak Folkman shared the news on June 25 at the Permissionless conference in Brooklyn. He said the app will come with clear financial data, showing what funds back each token.

Governance Token May Open Trading

WLF also hinted that WLFI, its governance token, could soon hit exchanges. WLFI has been non-tradable so far and lets holders vote on changes to the USD1 protocol.

Folkman teased that, within weeks, holders “will be very, very happy.” If WLFI starts trading, it could bring new cash into the project—but also fresh price swings.

Trump Family’s Stake Shift Draws Scrutiny

Reports disclose that the Trump family cut its WLF stake from 60% to 40% in June, pocketing about $130 million. In total, that reduction brought in roughly $190 million for the family business.

Lawmakers and ethics watchdogs have pointed to potential conflicts, given that WLF’s stablecoin operations moved ahead as crypto rules were being eased.

Institutional Deals And Airdrop Boost

USD1 has already found big users. In March, MGX, a firm in the UAE, invested $2 billion in Binance using USD1 tokens. Earlier in June, WLF ran a $4 million USD1 airdrop that reached over 85,000 wallets.

What Comes Next

The key will be how the audit actually reads. Will the numbers match WLF’s claims? Then there’s the app’s rollout and whether it draws a crowd. Finally, a WLFI listing could shake up trading desks.

If everything lines up, USD1 could sit alongside the top stablecoins by the end of the year. But any surprises in the audit or a rocky app launch could slow that momentum.

Featured image from Pexels, chart from TradingView

Tokyo-listed Metaplanet Inc. has slipped past Tesla in the public-company Bitcoin league table after revealing a fresh purchase of 1,234 BTC that lifts its treasury to 12,345 BTC. The move is set out in a filing dated 26 June 2025, in which the company “announces the acquisition of additional BTC as part of its ongoing Bitcoin Treasury Operations,” adding that the latest tranche was acquired at an average ¥15.62 million per coin for an aggregate ¥19.27 billion outlay. The disclosure places the group’s cumulative cost basis at ¥175.68 billion, or roughly $1.11 billion at current exchange rates.

Metaplanet Surpasses Tesla In Bitcoin Ranking

Using BitcoinTreasuries.net’s spot price of about $107,400, Metaplanet’s stack is now valued near $1.33 billion, slotting the company into seventh place on the site’s real-time ranking of publicly traded holders. Ahead of it sit CleanSpark (12,502 BTC), Galaxy Digital (12,830 BTC), Riot Platforms (19,225 BTC), XXI (37,230 BTC), Marathon Digital (49,678 BTC) and the sector’s runaway leader MicroStrategy (592,345 BTC). Tesla, whose last reported balance stands at 11,509 BTC, falls to eighth.

Metaplanet’s accumulation curve has been steep. The treasury held 398 BTC on 30 September 2024, 1,762 BTC at year-end, 4,046 BTC on 31 March 2025 and 10,000 BTC by mid-June; yesterday’s purchase pushes the figure still higher. Crucially, the company has sketched far more ambitious horizons: in recent investor materials it reiterated an “objective to accumulate up to 210,000 BTC—around one per cent of the maximum supply—by the end of 2027,” implying the need to add more than 200,000 BTC over the next 30 months.

Financing remains aggressive. Since January the firm has issued a rolling series of zero-coupon yen- and dollar-denominated bonds as well as 0 %-discount “moving-strike” warrants, repeatedly redeeming each tranche early with proceeds from the next. This revolving-door structure, dubbed the “210 Million Plan,” has already recycled more than ¥35 billion into spot Bitcoin while limiting interest expense.

Management highlights a treasury metric it calls “BTC Yield,” defined as the percentage change in BTC per fully diluted share outstanding; on a quarter-to-date basis the yield has reached 112.2 percent. “By isolating the impact of dilution, BTC Gain highlights the net Bitcoin accretion driven purely by the Company’s Bitcoin Treasury Operations,” the latest document states.

Tesla, meanwhile, has not bought Bitcoin since February 2021. Tesla’s balance has been frozen since it liquidated roughly 75% of its initial $1.5 billion position in the second quarter of 2022.

For Metaplanet, overtaking Tesla is more than a symbolic milestone. At 12,345 BTC the company now holds a little over 0.058 percent of Bitcoin’s 21 million-coin supply—fractionally ahead of Tesla’s 0.054 percent—and is the first Asia-based issuer to break into the top seven.

At press time, BTC traded at $107,180.