Wall Street vs Saylor.

There is a growing theory that the current pressure on $BTC is aimed directly at the Strategy ecosystem.

Several parts of the structure are under pressure at the same time:

$BTC is falling, while the company already holds more than 800,000 BTC on its balance sheet.

$MSTR shares are under heavy pressure, making it harder to raise new capital.

Strategy’s bonds are becoming less attractive as risk keeps rising.

Meanwhile, big players are reportedly betting on $MSTR dropping as low as $70.

This is no longer just about Bitcoin price action - it is starting to look like a direct stress test for the entire Saylor model.

A bit of positive news for $ETH.

SharpLink has returned to buying ETH after an 8-month pause.

At the same time, BitMine shares are set to join the Russell 1000 index, which could potentially increase demand for the company’s stock.

And if you remember, we already wrote that BitMine is building an ETH accumulation strategy similar to MSTR’s Bitcoin model.

The logic is simple: the higher BitMine shares go, the more capital the company can raise - and the more ETH it can potentially buy.

So while ETH is still under pressure, the corporate accumulation narrative is not dead.

The amount of BTC held at a loss has reached a new record.

More than 10.83M $BTC are currently sitting in unrealized loss - the highest level ever recorded.

Historically, periods with a large number of coins underwater have often been followed by elevated market volatility.

In other words, the market is under serious stress right now.

Now the key question is whether this turns into another capitulation move - or becomes the zone where stronger hands start absorbing supply.

CZ says the EU is cutting users off from the best liquidity in the world.

According to him, this is what happens when Binance does not receive a MiCA license.

The message is simple: without Binance, European users may lose access to some of the deepest liquidity in crypto.

Regulation is supposed to protect users - but if it limits access too much, it can also push them away from the strongest markets.

An Ethereum whale who successfully shorted the October 2025 crash is back.

This time, the whale opened a new $19.7M short on $ETH with 20x leverage.

That is not a small bet - especially from someone who already called a major ETH move correctly before.

Now the market will be watching closely: is this just another aggressive hedge, or does smart money expect more downside for Ethereum?

BlackRock just moved more crypto to Coinbase.

The firm recently transferred an additional 4,577 $BTC, worth around $272M, and 41,996 $ETH, worth roughly $65.2M, to Coinbase.

Large exchange transfers from major institutions always attract attention.

Now the market will be watching whether this is just operational movement - or preparation for something bigger.

Tom Lee: crypto could explode within a year thanks to AI.

He compared the current crypto setup to memory and semiconductor stocks, which were also ignored before their sharp rally.

According to Lee, the crypto market is now going through a stage of underestimation.

He calls 2026 a pullback year, but says the fundamental changes in the industry are still happening.

At the same time, BitMine’s unrealized loss on $ETH has now exceeded $10B.

So the market looks painful right now, but Lee’s point is simple: the real upside may come after this reset, not during it.

Crypto had a really rough week.

Around $5B was wiped out across the market in just a few days - mostly from longs.

At this point, a small $BTC relief bounce would be nice to see.

Now we just need Trump to keep the weekend quiet and not drop another headline that sends the market lower again.

Meanwhile, $SOL is holding up surprisingly well.

Somehow, it is still green on the week.

Arthur Hayes just bought 6.16M $SYN.

The position is worth around $2.2M.

The timing is interesting, because $SYN is already up more than 10x in June.

When Hayes enters after a move like that, the market usually pays attention.

Now the question is simple: is this just late momentum - or does he see another leg higher?

China’s gold imports hit a record level in May.

China imported 163 tons of gold in May, the highest monthly volume since March 2024.

This was also the third month in a row with imports above 150 tons.

In the first five months of 2026, China imported 692 tons of gold - up 76% compared to the same period last year.

The People’s Bank of China also added another 10 tons of gold to its reserves in May.

That marks the 19th consecutive month of accumulation, bringing total reserves to a record 2,331 tons.

China is still buying gold aggressively - and clearly not slowing down.

The crypto market may be getting closer to the end of the bear cycle.

Several on-chain signals are starting to point in that direction.

The MVRV indicator for long-term BTC holders has dropped to 1.24 - the lowest level in the past 3 years. Historically, values like this have appeared closer to the end of bear markets.

At the same time, the amount of BTC held by long-term holders has reached a new all-time high, exceeding 16M coins.

Despite the correction, they are not rushing to sell. Instead, they continue to accumulate.

According to the analyst, the decline in MVRV is mainly caused by the price drop, not by mass selling. That means the most confident investors are still not ready to capitulate.

The key level to watch is the average purchase price of long-term holders, around $48.4K.

As long as $BTC trades above this level, the bear-cycle-ending scenario remains valid.

But if BTC falls below it and long-term holders start actively selling, that could signal real capitulation.

MVRV is a metric that compares Bitcoin’s current market value with the average purchase price of coins.

CryptoQuant notes active ETH buying across both spot and futures markets.

According to the platform, demand for $ETH is picking up not only in derivatives, but also on the spot side.

A significant amount of ETH is being bought on Coinbase in particular.

That is an important detail, because Coinbase activity is often linked to larger US-based and
institutional flows.

If this continues, ETH may finally start building stronger support from real buyers.

The MiCA transition period ends today.

Starting tomorrow, unified rules for crypto companies officially come into force across the EU.

This is what the current list of crypto exchanges with MiCA licenses looks like.

The standout is OKX - 9 out of 10 licenses.

Regulation in Europe is entering a new phase, and exchanges without proper approval may start facing much tougher operating conditions.

Interesting July pattern for $BTC.

Every time Bitcoin closed both May and June in the red, July ended up being a green month.

Of course, history does not guarantee a repeat.

But after two weak months in a row, this is exactly the kind of seasonal setup the market will start watching closely.

A unknown trader just liquidated $175M worth of positions on Binance.

According to reports, a massive liquidation happened on Binance after one trader closed positions worth $175M in a single order.

That is not just a large trade - that is the kind of move that can shake liquidity and trigger extra volatility across the market.

Now the question is whether this was forced liquidation, risk management, or someone intentionally clearing a huge position before the next move.

BTC - monthly timeframe.

What a beautiful monthly candle. Exactly what I expected.

Did the moonboys finally turn bearish?

Looks like it. And honestly, it was about time: $BTC is already down 54% from this cycle’s peak. 😅

My target for this month remains the $49K-$53K zone.

BTC made new lows - and Trump finally revealed how much he made from crypto.

As expected, we did not have to wait long.

Tonight, $BTC swept new lows for the year, but only briefly - after that, price returned back into our range.

The Strategy selling FUD may also still have room to play out. The company filed with the SEC for permission to sell up to $1.25B worth of BTC. For comparison, their first sale was only 32 BTC.

And yesterday, Trump finally revealed how much he made from crypto.
Spoiler: $1.43B.

The numbers look like this:
• memecoin profits - $636M
• World Liberty Financial - $594M
• sale of stake in Stablecoin Holdco - $197M

Just for comparison, his non-crypto-related income was under $100M.

So maybe this is the answer to where all the liquidity went.

It ended up in the pockets of the same “crypto king” everyone was waiting for, hoping he would come and inject money into the market.
Instead, it looks like he came to pump his own bags and ruin the party for everyone else.

Crypto exchanges allowed and not allowed to operate in the EU after July 1 under MiCA.

The MiCA transition period is officially over, and from now on crypto companies in the EU have to follow unified regulatory rules.

Some exchanges have already received approval and can continue operating legally in the European market.

Others have not received the necessary permission yet, which means they may face restrictions, service limitations, or even be forced to leave certain EU markets.

This is an important moment for European crypto users: liquidity, access to exchanges, and available services may start changing from here.