👇 Bitcoin is currently < $62,000

1 hour of LONG positions liquidated for another $180,000,000+.

Toncoin Drops 15% After Rebranding

📉 Following the rebranding of Toncoin (TON) to GRAM, the token has lost around 15% from its local peak.

☺️ After the rebranding announcement, the price climbed to 1.82$, but later fell to 1.55$.

🏆 Over the past 24 hours, GRAM became the biggest loser among the top 100 cryptocurrencies by market capitalization, according to CoinMarketCap.

🫧 Chinese hedge funds warn that the AI bubble is ALREADY ready to burst.

Two well-known Chinese funds, Wealspring Asset and Banxia Investment, stated that the global boom in stocks related to AI technologies is looking more and more like a bubble.

➤ Wealspring called the situation a "super bubble" and warned that the point of its collapse "may be very close."

➤ The fund compared the current frenzy to the stock bubble of 2015, when the market was swept up in "mindless buying" of stocks.

➤ According to Wealspring's estimate, some of the most popular AI companies could lose more than 80% of their value.

➤ Banxia believes that the first signs of the bubble bursting have already appeared. As one of the signals, the fund pointed to the slowdown in expected revenue growth for Anthropic.

➤ Meanwhile, the index of Chinese AI companies has already risen by more than 35% since the beginning of the year, and the stocks of individual sector leaders, including SK Hynix and Micron, have more than tripled during this time.

⚡️ Calendar of key events for this week:

Monday, June 29:
- Nothing important

Tuesday, June 30:
🇺🇸🇮🇷 USA, Iran - Expected new round of negotiations in Qatar
🔥 USA - Number of open job vacancies in the labor market JOLTS (May) - 17:00

Wednesday, July 1:
🇨🇦 Canada - No trading (Canada Day)
🇭🇰 Hong Kong - No trading (Hong Kong Special Administrative Region Establishment Day)
🇪🇺 EU - Completion of the MiCA transitional period
🔥 USA - Conference with Kevin Warsh - 16:00
🇺🇸 USA - S&P Manufacturing PMI (June) - 16:45
🇺🇸 USA - ISM Manufacturing PMI (June) - 17:00

Thursday, July 2:
🔥 USA - Nonfarm Payrolls (June) - 15:30
🔥 USA - Unemployment rate (June) - 15:30
🇺🇸 USA - Initial Jobless Claims - 15:30
🇺🇸 USA - Fed Balance Sheet - 23:30

Friday, July 3:
🇺🇸 USA - No trading (Independence Day)

Saturday, July 4:
🇺🇸🇪🇺 USA, EU - Deadline for Donald Trump's "ultimatum" to conclude a trade deal, after which he threatens to raise tariffs

🤔 CryptoQuant: 84% altcoins are trading below the 200-day moving average (200-DMA) for almost 8 months.

This is the second longest period of such weakness since 2020. The record is about 10 months during the 2022 bear market.

Historically, after the end of such prolonged periods of weakness, growth phases of altcoins occurred. The 200-DMA is one of the main long-term trend indicators. As long as the coin price is below this line, it does not have a sustainable uptrend – the market does not confirm the strength of the asset, and any attempts at recovery are quickly extinguished.

🤨 A New Theory About Bitcoin’s Realized Price

Bitcoin has never formed a true market bottom above its realized price. Right now, that level sits around $53,435, and based on previous cycles, the bottom could be somewhere nearby.

Historically, major reversals often occurred around the realized price or after a brief dip below it. That’s why Crypto Twitter is closely watching the $53k zone as the potential “final pain” level.

But there’s a catch. When everyone starts betting on the same historical pattern, the market often does the opposite. 😡

💵 140+ major companies are launching OpenUSD.

The Open Standard consortium has introduced $OUSD, backed by Visa, Stripe, BlackRock, BNY, MoneyGram, Solana, Aptos, and 140+ companies.

😏 OpenUSD promises free minting, shared reserve yield, and independent governance challenging the traditional stablecoin model.

If it succeeds, the battle may shift from USDT vs. USDC to legacy issuers vs. a new consortium.

📰 @Cryptoz

🇪🇺 Europe Begins Purging Crypto Exchanges

Today, the MiCA regulations officially come into full force. No license? Say goodbye to operating in the EU it’s either withdrawal-only mode or a regulatory boot out the door.

🟢 Licensed and compliant: Kraken, Bybit, Coinbase, OKX, Bitpanda, Crypto .com, and others that secured their MiCA authorization in time.

🔴 Still unlicensed: Binance, MEXC, HTX, KuCoin, and several other exchanges that served the European market for years but failed to obtain a MiCA license before the deadline.

📰 @Cryptoz

😐 Trump Earned More From Crypto in 2025 Than Any Public U.S. Crypto Company — $1.4B.

📰 @Cryptoz

😳 Crypto Twitter is once again calling the top for Saylor.

Rumors are circulating that Strategy may have sold Bitcoin for the first time.

According to the claims, the company allegedly sold 491 BTC on July 1, worth roughly $30.2 million.

There’s no official confirmation, so for now, it’s just another wave of FUD.

😐 The size of the alleged sale isn’t the real story. 491 BTC is insignificant compared to Strategy’s 847K BTC holdings. The real risk is the FUD itself, which bears will almost certainly use to push a bearish narrative.

📰 @Cryptoz

#usdt
🇪🇺The largest fintech company Revolut is delisting the stablecoin USDT.
Users from Europe have received a notification (via push and email) about the discontinuation of support for the USDT stablecoin.
After August 31, 2026, all remaining USDT balances will be automatically converted to fiat at the current rate.

Reason: Compliance with MiCA. The company Tether has not received MiCA authorization (unlike USDC).

📰 @Cryptoz

🧠 What if two crypto investors had entered the market 10 years ago with the same $10,000?

One bought Bitcoin. The other chose Ethereum.

Fast forward to today:

🪙 BTC: ~$640K (64x)
⚪️ ETH: ~$2.17M (217x)

Same starting capital. Same time in the market. Same conviction.

Yet Ethereum delivered roughly 3.4× the returns of Bitcoin.

🕔 The best part? Ethereum was the one everyone kept calling dead.

“Gas fees are too high.”
“The network is too slow.”
“Solana will replace Ethereum.”
“Vitalik is cooking something again.”

Despite years of FUD, Ethereum ended up massively outperforming Bitcoin over the past decade. 😏

📰 @Cryptoz

😁 Trump may have just handed his critics the headline of the year.

During an interview, the President basically said that whenever his children buy assets, people assume they have insider information.

He was trying to argue that holding the presidency makes every business move by his family look like a conflict of interest.

The point he meant to make:

My kids are unfairly accused.

The point many people heard:

Yeah… pretty much every purchase my kids make comes with an insider-trading vibe.

😁

📰 @Cryptoz

#hype
👇 EmberCN: The Hyperliquid dev team likely sold 452,000 HYPE ($32.3m) via market maker Flowdesk.

📰 @Cryptoz

🔞 Scam Sniffer: Someone "gifted" scammers $999,999 by signing a phishing transaction.

📰 @Cryptoz

🌐 SWIFT launches its own blockchain.

The international payment system SWIFT announced the readiness of its own blockchain ledger for conducting cross-border payments using tokenized deposits.

17 of the largest banks have already joined the pilot launch, including Citi, HSBC, UBS, BNP Paribas, Standard Chartered, Wells Fargo, and others.

What this will provide:
• Banks will be able to conduct international transfers 24/7, including nights and weekends.
• Funds will be moved via tokenized deposits, while final settlement will remain within the existing banking infrastructure.
• According to SWIFT, this will increase the speed of international payments and liquidity management efficiency.

SWIFT also stated that the new ledger will become the foundation for further development of Programmable Money and settlements involving AI agents (Agentic Commerce).

📰 @Cryptoz