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Jerome Powell declares: "The end of the Bretton Woods era transformed monetary policy." Federal Reserve speaks openly.
#Bitcoin is on the rise!
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🇳🇴 Norwegian Block Exchange is now Norway's first publicly traded company with a #Bitcoin treasury.
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Bitcoin Analysis — June 2, 2025
🔹 Price Update:
#BTC is trading at $104,520 (↓ 1.08% today), pulling back from its recent all-time high of $111,970 set in late May.
🔹 Market Snapshot:
- Day’s Range: $103,822 – $105,876
- Market Cap: ~$2.06T
- 24h Volume: $44.7B
🔹 Technical Overview:
- Bearish signals on the 4H chart (bear flag formation)
- RSI: 43 (momentum cooling)
- MACD: Mild bearish crossover
- Support: $103,000 (critical), $100,000 (psychological), $97,600 (major)
- Resistance: $105,000–$106,000 (immediate), $108,000–$112,000 (upper range)
🔹 Market Sentiment:
- Caution ahead of U.S. inflation data (CPI June 11)
- Profit-taking after recent highs
- Institutions remain cautiously optimistic; retail watching key support
🔹 What to Watch:
- Hold above $103,000 = possible rebound
- Drop below $103k = $100k+ in play
- Recovery above $105k = bullish momentum could return
🧐 Bottom Line:
BTC is in a short-term correction after a big rally. Watch $103k support closely! Macro factors & upcoming US data could drive the next big move.
DYOR
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France’s Blockchain Group buys $69M in bitcoin, boosting total holdings to 1,471 #BTC at an average price of €89,687.
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Tether Moves $2.7B in BTC to New Treasury Giant
Tether and Bitfinex have transferred 25,812 BTC (~$2.7B) to Twenty One Capital, a new Bitcoin treasury firm aiming to rival MicroStrategy.
The firm plans to acquire 420,000 BTC, go public via SPAC under the ticker XX!, and raise $685M to fund the buys. CEO Jack Mallers says wallet addresses will be public and another 31,500 BTC is on the way.
This would make them the third-largest corporate BTC holder.
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🚨 BlackRock transferred 1,249.68 #BTC ($131.55M) to Coinbase.
Over the past two days, the firm moved a total of 5,362.37 $BTC worth $560.94M.
Additionally, BlackRock withdrew 27,241.4 $ETH ($69.25M) from Coinbase.
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🗣 Donald Trump Jr. told CNBC he fully committed to Bitcoin and crypto after his family faced debanking.
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Robert Kiyosaki warns of a massive financial collapse, already underway.
He advises investors to protect themselves with BTC, gold, and silver.
Silver, he says, is the most undervalued asset with huge upside potential.
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Most #BTC investors are ~30 years old, while most gold investors are ~55.
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🇺🇸 SEC Commissioner Hester Peirce gives green light for every bank and institution to offer Bitcoin 🙌
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Forwarded from CryptoWorldNews
🔥 BlackRock spot ETF bought 29,580
It now holds over $4B worth of $ETH.
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Swedish healthcare firm H100 Group secures $2.1 million convertible loan from Adam Back with potential for additional $12.8 million, proceeds to be used to acquire more Bitcoin.
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