HISTORY: 🇺🇸 Eleven years ago today, the New York State Department of Financial Services released the BitLicense Regulation, setting new compliance requirements for businesses involved in bitcoin and cryptocurrency.

Source: https://x.com/DocumentingBTC/status/2062260971272368420

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When you look at assets that have bounced back from 50% drawdowns—repeatedly—you start to see a pattern: these are the strongest of the strong. We're talking AMZN, MSFT, Berkshire. Only the absolute elite recover three, four times. That’s exactly why I give Bitcoin serious respect. @EricBalchunas

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Bitcoin has been weakened, but it doesn’t need to drop much further—it’s now finding support at a level that was resistance five damn years ago.
Credit: @Micro2Macr0 🔥

Crypto Edge

🇺🇸 Eleven years ago today, the New York State Department of Financial Services launched the BitLicense—a regulatory framework designed for bitcoin and cryptocurrency businesses.

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Crypto Edge

NEW: 🟠 Blockstream CEO Adam Back told Bloomberg that MicroStrategy’s Bitcoin sell-off demonstrates Bitcoin’s liquidity — proving companies no longer need to hold massive cash reserves.

“It shows the market how to value Bitcoin,” he said.

Source: https://x.com/BitcoinMagazine/status/2062270945654423850

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Blockstream CEO Adam Back told Bloomberg that MicroStrategy’s recent Bitcoin sale highlights the asset’s exceptional liquidity—proving companies can now access capital without hoarding large cash reserves.

“It marks a turning point in how we perceive Bitcoin’s value” #Bitcoin #Crypto #Blockchain

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Bitcoin has fallen 22% over the past month, dropping from $82,000 to $64,000—making the old Wall Street saying “Sell in May and go away” feel strangely fitting as we enter June.

This sharp pullback has reshaped market sentiment. While some see it as a necessary correction, others on X are comparing it to 2021, when BTC began a steep decline that kicked off a prolonged bear market.

Now, the most pessimistic predictions point to a potential drop toward $30,000—if history repeats itself.

For now, these are possibilities, not guarantees. But after weeks of sustained selling and billions wiped out from leveraged positions, traders are far more aware of downside risks than they were just a month ago.

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Crypto Edge

JUST IN: 🟠 Standard Chartered on Bitcoin's drop to $62k: "This was the buying zone we’ve been waiting for." 👀

"The bottom is nearly in." 🐂

Source: https://x.com/BitcoinMagazine/status/2062514795467714775

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JAMIE DIMON CALLS BRIAN ARMSTRONG “FULL OF SH*T” AND REFUSES TO “BOW DOWN TO HIM”
The JPMorgan CEO holds firm, stressing that banks are prepared to resist the CLARITY Act.

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⚡ AvoPay has released a new WooCommerce plugin, allowing merchants to seamlessly accept Bitcoin Lightning payments straight into their AQUA Wallet.

📰 Full story here

📣 Discussion on X

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More than half of all Bitcoin $BTC in circulation is currently sitting at an unrealized loss.

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JUST IN: 🟠 Sean Bill, CIO of Adam Back’s $BSTR, said, "We’re building a Berkshire Hathaway for the Bitcoin age—swapping out traditional stocks and bonds with BTC, and actively reinvesting across the ecosystem."

"Our mission? Complete vertical integration within the Bitcoin space."

Source: https://x.com/BTCtreasuries/status/2062464127831019792

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NEW: 🟠 $12.6 trillion — Charles Schwab unveils the heart of its Bitcoin approach: Bitcoin's security is powered by energy 🤯

Source: https://x.com/BitcoinMagazine/status/2062560730889547923

Crypto Edge

JUST IN: 🟠 Nick Payton reveals BitGo gifted the #Bitcoin whitepaper to the NYSE — it now hangs there permanently.

"When we went public, we gave the exchange a little present: the Bitcoin whitepaper, on display at the NYSE forever. A subtle nod to Satoshi."

Source: https://x.com/BTCtreasuries/status/2062284438537691637

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It’s not about convincing people that sound money is better than fiat.
It’s simply what will keep working when everything else has already failed.

— Guy Swann

Source: https://x.com/TheGuySwann/status/2062496301506339307

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Bitcoin hits $64,000

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Crypto Edge

JUST IN: 🟠 Bullish CEO Tom Farley calls Bitcoin’s current price “lousy” — but says it’s still moving “up and to the right” in the long run.

“I’m voting with our 25,000 BTC,” he declares.

The former NYSE president has lived through 12 crypto winters — and remains firmly bullish.

The 6th largest Bitcoin treasury? Still holding strong.

Source: https://x.com/BTCtreasuries/status/2062563575395205365

Crypto Edge

Michael Saylor explained why Bitcoin stands as the ultimate form of money:

Crypto Edge

JUST IN: 🟠 Alexandre Laizt breaks down the Bitcoin capital stack.

Need capital at the sovereign level? Buy BTC.
Looking for 3–5x leveraged exposure? Explore corporate treasury strategies.
Targeting double-digit returns with just ~3% volatility? That’s where digital credit comes in.

Digital credit bridges the gap to sovereign-grade capital.

Source: https://x.com/BTCtreasuries/status/2062614110874001479

Crypto Edge