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Bitcoin (BTC) and Ether (ETH) traders are bracing for potential price declines this summer, as evidenced by options strategies like 25-delta risk reversals on Deribit, which show a preference for downside protection through put options. BTC's risk reversals for June to August are negative, and ETH puts are pricier through July, indicating hedging against spot market exposure. Over-the-counter trades on Paradigm further reflect bearish sentiment with BTC put spreads and ETH volatility plays. Bitcoin, hovering above $100,000 for over 40 days, recently dipped below its 50-day SMA, signaling possible further drops below this threshold due to profit-taking and miner selling offsetting ETF demand. Coinbase Institutional notes rising open interest in BTC options with a positive put-call skew, suggesting short-term protective buying. However, some analysts remain bullish, with observer Cas Abbé pointing to strong buying pressure via on-balance volume, forecasting a potential rise to $130,000-$135,000 by the end of Q3. This mixed outlook underscores a market caught between caution and optimism amidst sideways price action.
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CoinMarketCap, a leading cryptocurrency price-tracking website, recently addressed a security breach involving a malicious popup notification on its site that urged users to "Verify Wallet," suspected to be a phishing scam aimed at stealing private keys or personal information. The company announced via its official X account that the malicious code has been identified and removed, though the investigation remains ongoing to bolster security measures. The issue was flagged within hours of public reports on social media, with crypto wallets like MetaMask and Phantom warning users of the site's unsafety. Phantom browser extension users, in particular, are currently shown alerts deeming the website unsafe. This incident echoes a previous security lapse in October 2021, when over 3.1 million user email addresses were compromised and traded on hacking forums. CoinMarketCap has urged users not to connect their wallets to the site while they work to resolve the issue fully, highlighting the persistent risks of phishing scams in the crypto space where hackers often exploit trusted platforms to deceive users.
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Raoul Pal, CEO of Real Vision, has observed that the current cryptocurrency market cycle closely resembles the 2017 Bitcoin trend, characterized by a steady rise followed by a dramatic surge. In a recent video, Pal suggested that macroeconomic indicators, such as a weakening US dollar (down 8.99% since January to 98.77 on the US Dollar Index), point to an extended crypto cycle potentially lasting into Q2 2026. Bitcoin, inversely correlated with the dollar, becomes a more appealing investment and alternative currency during such periods. Pal also noted that current market dynamics might align more with 2020—an early growth phase—than the peak of 2021. He emphasized the role of macroeconomic data in delaying the cycle's peak, citing unchanged interest rates and dollar fluctuations. Additionally, Pal highlighted growing institutional interest, particularly from Middle Eastern Sovereign Wealth Funds, where AI and blockchain are becoming central mandates, not just for Bitcoin as a reserve asset but for government infrastructure. This suggests the crypto market could see sustained expansion with increased participation from major players.
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Michael Saylor, founder of Strategy (formerly MicroStrategy), has raised his Bitcoin price prediction to $21 million by 2046, up from his earlier $13 million forecast for 2045, as shared during his keynote at BTC Prague 2025. He credits this optimism to unforeseen geopolitical and regulatory shifts, including White House endorsement of Bitcoin and Donald Trump’s presidency, which he sees as a transformative moment for crypto in the U.S. Saylor highlighted legislative progress with bills like the Bitcoin Act and growing state-level acceptance of Bitcoin. Despite his bullish stance, even during Bitcoin’s $16,000 low in the last crypto winter, recent developments have exceeded expectations. Strategy continues its aggressive Bitcoin accumulation, holding 592,100 BTC as of June 15, 2025, though Saylor avoids revealing storage details due to security concerns. Initially criticized for opposing self-custody, he later expressed support for those able to manage it. Meanwhile, self-custody gained traction at BTC Prague, with attendees showing strong interest in “be your own bank” principles, supported by sponsors like Trezor, which reported over 5,000 engaged visitors, including developers and newcomers focused on open-source tools and Bitcoin’s future.
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Bitcoin sentiment among retail traders is at its lowest since April, mirroring the fear, uncertainty, and doubt (FUD) sparked by Donald Trump’s tariff announcements, according to Santiment’s social media analysis. The platform reports a near-even split of 1.03 bullish to bearish comments, a ratio Santiment’s Brian Quinlivan sees as a potential bullish signal, given markets often defy retail expectations. Meanwhile, the Crypto Fear & Greed Index has shifted to a neutral 54 out of 100, down from a “Greed” score of 61 last week. On the accumulation front, large Bitcoin holders are stacking coins, with 231 new wallets holding over 10 BTC in the past 10 days, while over 37,000 smaller wallets have sold off—a divergence Quinlivan notes often precedes bullish momentum. Bitcoin is currently trading around $104,600, up 3% in the last two weeks, per CoinGecko data. Ethereum mirrors this trend, with major holders buying while retail investors sell. This split in behavior, alongside neutral market sentiment, suggests a complex outlook for crypto, potentially poised for a shift as whale confidence contrasts with retail hesitation.
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Parataxis Holdings, an affiliate of Parataxis Capital Management, has announced a significant move to launch a Bitcoin-native treasury platform in South Korea by acquiring Bridge Biotherapeutics, a publicly traded biotech firm, for 25 billion South Korean won ($18.5 million). The company will be renamed Parataxis Korea and repurposed to facilitate institutional Bitcoin exposure, despite South Korea’s current restrictions on Bitcoin ETFs and institutional crypto investments. Andrew Kim, a partner at Parataxis, emphasized the growing global interest in Bitcoin treasury strategies and South Korea’s importance in BTC adoption. Meanwhile, the country’s Financial Services Commission is set to pilot a program in 2025, allowing select corporations and investors to engage in digital asset investments via “real-name” accounts. The acquisition news boosted Bridge Biotherapeutics’ stock by over 20%, though it remains down significantly year-to-date. This move aligns with a broader trend of corporate Bitcoin adoption, with over 237 public companies now holding BTC on their balance sheets, representing nearly 4% of the total supply. Parataxis’ initiative follows its recent announcement of plans to go public via a $200 million special acquisition company, reflecting its aggressive push into the crypto space amidst evolving regulatory landscapes and market dynamics.
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In the article "There’s more to crypto crime than meets the eye: What you need to know" by Savannah Fortis, published on June 19, 2025, the complexities of crypto crime are explored through a discussion on The Clear Crypto Podcast. Hosts Nathan Jeffay and Gareth Jenkinson, joined by Jennie Levin of the Algorand Foundation, delve beyond sensationalized scandals like FTX to highlight that much of crypto misconduct mirrors traditional financial fraud, adapted to blockchain's technical landscape. Levin emphasizes that crimes often exploit intricate protocol vulnerabilities, requiring deep technical expertise. The piece also addresses ethical dilemmas, such as white hat hackers who return stolen funds but still commit crimes, and the challenges of enforcement in a space where intent doesn’t negate illegality. Additionally, regulatory gaps are a significant issue, as some authorities struggle to grasp decentralized systems, hindering effective oversight. The discussion underscores that while crypto crime may appear novel, its roots often lie in familiar human misconduct, amplified by technology. For the full conversation, readers are directed to Cointelegraph’s podcast platforms.
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XRP's price continues to stagnate within a narrow $2.05-$2.33 range, with $3.00 remaining out of reach, as highlighted in Nancy Lubale's article on Cointelegraph. Key factors contributing to this consolidation include a sharp decline in XRP Ledger network activity, with daily active addresses dropping from a 3-month high of 577,000 to 34,360 and new addresses falling from a 2025 peak of 15,823 to just 3,500. Additionally, open interest in XRP has decreased by 30% in a month, from $5.53 billion to $3.89 billion, signaling investor caution and potential price drops. Technically, XRP struggles below critical resistance levels ($2.22-$2.40) and major moving averages, with a descending triangle pattern suggesting a possible decline to $1.20 if support at $2.00 fails. While bearish momentum is evident with the RSI dropping to 51, there remains a speculative possibility of a long-term breakout to $10, reminiscent of 2017 patterns, though current data points to continued challenges in the near term.
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Dogecoin, launched in 2013 as a humorous cryptocurrency, has seen a remarkable 1,000% value increase since 2018, rising from $0.017 to $0.17. Initially a joke with a Shiba Inu mascot, it gained rapid popularity on platforms like Reddit, even surpassing Bitcoin in daily transactions within weeks of its launch. While Dogecoin offers an exciting, speculative investment opportunity due to its volatility and potential for rapid gains, it lacks tangible real-world value, making it a risky choice akin to a lottery ticket. The article suggests that for long-term crypto investments, Bitcoin and Ethereum are far superior. Bitcoin, the pioneering cryptocurrency, holds a unique reputational edge and serves as both a store of value and a means of exchange, supported by growing institutional interest. Ethereum also stands out for its robust use cases. Investors are encouraged to approach Dogecoin with caution and consider it only for discretionary funds, while prioritizing more stable assets like Bitcoin and Ethereum for sustained growth in the crypto market.
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BlackRock’s iShares Bitcoin Trust (IBIT) ETF is approaching $70 billion in assets, holding over 3.25% of Bitcoin’s total supply and commanding a 54.7% market share among US spot Bitcoin ETFs. Launched in January 2024, this rapid growth underscores strong institutional interest, with US Bitcoin ETFs seeing consistent inflows, including $388 million in one day. BlackRock’s fund ranks among the top 25 global ETFs, reflecting its significant impact. However, while large investors dominate Bitcoin transactions—evidenced by an average transaction size of $36,200 and 89% of activity from transfers over $100,000—retail participation is declining, with short-term holder supply dropping by 800,000 BTC since May. Analysts like Enmanuel Cardozo highlight institutional commitment and supply scarcity as key price drivers, though others warn of potential stagnation without new catalysts. If retail demand continues to weaken, Bitcoin may test support at $92,000, a critical onchain realized price for traders. Meanwhile, profit-taking and miner selling pressure offset some gains, but corporate treasury strategies and long-dormant wallet accumulation provide balance. This dynamic illustrates a market increasingly shaped by high-value players amidst fading “new money” from smaller investors.
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Mehdi Farooq, an investment partner at crypto venture capital firm Hypersphere, recently fell victim to a sophisticated phishing attack, losing a significant portion of his life savings. The scam began with a message on Telegram from a hijacked account of a known contact, Alex Lin, who scheduled a Zoom call via Farooq’s Calendly link. Minutes before the call, the scammer requested a switch to Zoom Business for “compliance reasons” and introduced a fake participant. During the call, Farooq was prompted to update Zoom due to audio issues, which led to his system being compromised. Hackers drained six of his wallets and gained full access to his laptop, all while the impersonator maintained casual conversation on Telegram. The attack, linked to a North Korea-affiliated threat actor “dangrouspassword,” highlights the growing sophistication of phishing scams targeting crypto professionals. This incident follows other recent breaches, including a $330 million Bitcoin theft and scams involving fake letters impersonating hardware wallet companies. Farooq’s experience serves as a stark reminder of the vulnerabilities in the crypto space, even for seasoned professionals, as attackers exploit trust and familiarity to execute devastating hacks.
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Nakamoto Holdings, a Bitcoin holding company founded by David Bailey, a crypto adviser to US President Donald Trump, has secured $51.5 million in new capital via a private placement in public equity (PIPE) deal. Announced through merger partner KindlyMD, the funds were raised in under 72 hours, reflecting strong investor interest in Nakamoto’s strategy to amass Bitcoin as a reserve asset. Priced at $5.00 per share, the financing boosts KindlyMD’s total funding to $563 million. The proceeds will mainly support Bitcoin acquisitions and general corporate needs. Nakamoto, launched earlier this year, is set to merge with KindlyMD (Nasdaq: NAKA) by Q3 2025, aiming to create Bitcoin-native companies and expand its treasury. This move aligns with a trend of 27 organizations adding Bitcoin to their balance sheets recently, though analysts like Fakhul Miah of GoMining Institutional caution that smaller firms may lack proper safeguards. Standard Chartered also warns of liquidation risks for half these companies if Bitcoin drops below $90,000, which could harm the crypto market’s reputation. Despite mixed market sentiment, Nakamoto’s aggressive Bitcoin strategy signals growing corporate adoption of cryptocurrency as a treasury asset.
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Coinbase is set to introduce crypto perpetual futures, or perps, in the US, following an announcement by Max Branzburg on June 13, aligning with evolving Commodity Futures Trading Commission (CFTC) guidelines. These high-risk financial products, which allow speculation on cryptocurrency prices without expiration dates, have been largely inaccessible to US customers due to regulatory concerns over retail trader risks, particularly from high leverage up to 100 times. Such leverage can lead to rapid liquidation with minor price shifts, a danger emphasized by experts like Fenni Kang. However, under the Trump administration, the CFTC has shown a more permissive stance, withdrawing a cautionary advisory in March 2025 and opening public comment on perps. Bitnomial recently self-certified a legal perp contract, and Coinbase is close to finalizing a similar product. Despite the risks, the crypto perps market is massive, with $704 billion in open interest as of June 20, driven by active traders. While regulatory clarity is still pending, the potential for retail investor demand remains high, though concerns about financial safeguards persist.
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Bitcoin remains stable above $104,500 with negligible daily movement, despite geopolitical tensions in the Middle East, showing just a 2% weekly decline. Analysts are split on the crypto market’s current low volatility: CryptoQuant warns of a potential drop to $81,000 due to waning demand and reduced ETF flows, while Glassnode interprets the quiet as a sign of maturity driven by institutional activity. Retail participation is down, with short-term holders offloading significant BTC, while institutional and whale transactions dominate. Meanwhile, Presto Research suggests Crypto Treasury Companies like Strategy face lower risks through innovative financial structures, avoiding past crypto blowups. Semler Scientific announced an ambitious plan to hold 105,000 BTC by 2027, leveraging equity and debt, though its stock trades below net asset value. Market dynamics show BTC struggling below $105K despite ETF inflows, Ethereum consolidating near $2,490, and gold steady amid geopolitical and Fed pressures. The crypto market appears poised for dramatic shifts, driven by the tug-of-war between institutional bullishness and declining retail interest, with no clear consensus on the next direction.
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Coinbase Global (COIN) shares experienced a significant 16% surge to approximately $295 after the U.S. Senate passed the GENIUS Act, a bipartisan bill that regulates and promotes stablecoins, marking a major legislative step for the digital currency industry. This regulatory clarity is seen as a boost for Coinbase, legitimizing its stablecoin operations and revenue streams. The company also launched Coinbase Payments, enabling stablecoin transactions on commerce platforms. Since the start of 2025, Coinbase stock has risen 19%, outperforming the S&P 500's 2% gain. Technologically, after bottoming out in April, the stock trended upward and consolidated in a flag pattern, breaking out decisively with strong volume and momentum. Investors are advised to monitor resistance levels at $330 and $450 for potential further gains, and support levels at $265 and $212 during retracements. The stock's technical indicators, including a converging 50-day and 200-day moving average, suggest a bullish outlook with a potential "golden cross" signal on the horizon.
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A staggering leak of over 16 billion login credentials from major online services, including Apple, Google, and Facebook, has raised significant security concerns, particularly for cryptocurrency holders. Reported by Cybernews, the breach involves 30 exposed datasets, totaling a massive collection of login details, much of which was previously unreported. The data, often stored in unsecured Elasticsearch or object-storage instances, includes sensitive information like tokens and cookies, making it a prime target for mass exploitation by cybercriminals. For the crypto industry, this poses risks of targeted account takeovers, especially for custodial wallets or platforms linked to compromised emails. Additionally, password-based seed phrase backups in cloud services could be vulnerable, potentially exposing private keys. Security analysts warn of increased attack attempts, prompting exchanges to possibly enforce password changes or stricter measures. The breach underscores ongoing issues like password reuse and weak authentication, urging crypto users to update passwords, enable 2FA, and secure recovery phrases offline.
