Price predictions on June 18 concerned cryptos like
BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, SUI, and
BCH. Bitcoin DeFi project Elastos launched the BTC-backed stablecoin
BTCD. A Fidelity report stated that “
ancient” supplies of Bitcoin were exceeding newly mined BTC. Furthermore,
Michael Saylor's Strategy added another $1.05 billion worth of Bitcoin to assets. However, there were growing fears of an unexpected Bitcoin price crash that could pose critical risks. Trading signals from Bitcoin options mark caution with
$100K strike in focus. A
supply squeeze was observed in Bitcoin with old investors edging out newer ones. In terms of cryptocurrency manufacturers, Chinese companies dominant in creating Bitcoin mining machines established production in the U.S to evade tariffs.
SunnyMining announced free cloud mining allowing users to mine
Bitcoin, Dogecoin, and Litecoin effortlessly. However, Bitcoin miners recently sold off $3.1B in BTC holdings, creating uncertainty. The
Senate Stablecoin win failed to boost cryptos, with Bitcoin’s price declining. DDC Enterprise announced plans to raise up to $528 million to accelerate its Bitcoin treasury strategy.
BitVault managed to secure $2M from GSR, Gemini, and Auros to launch BTC-Backed Money.
BTC News Analytics from Wed, 28 May 2025 07:00:00 GMT to Wed, 18 Jun 2025 21:19:40 GMT -
Rating 3
- Innovation 7
- Information 8
- Rumor 2