BITCOIN UPDATE:

-Bitcoin is still struggling around $60k and there’s no sign of recovery. bulls are struggling to break above & regain the momentum.

-If BTC doesn’t hold at this level then im expecting Btc to touch $55 - $56k zone soon and grab the liquidity.

-After this there will be a relief pump where Btc price will be manipulated to $64 - $68k zone and this is where all the long buyers will get trapped.

-BTC coming down to $38 - $40k zone is a reality, it’s just a matter of time..

-Bitcoin's current 6 month candle closes tomorrow. In the last 2 cycles bear markets lasted only 2 consecutive 6 month candles before a major uptrend. Will history repeat for a third time, let's wait and watch.

Guys this is very important, watch the video.

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IMPORTANT UPDATES:

-Tom Lee's BitMine buys 27,084 ETH worth $42 at average buy price of $1,569 per ETH.

-SpaceX is set to join the Nasdaq-100 on July 7, less than a month after its record-breaking IPO.

-India has reclaimed its position as the world's 5th largest stock market, overtaking Taiwan and South Korea after sharp corrections in their equity markets.

-Strategy launches Bitcoin monetization program that allows the company to sell Bitcoin to Fund operations.

-Michael Saylor strategy to sell up to $1.25 Billion in Bitcoin under its BTC Monetization Program.

-U.S says it will not release frozen Iranian funds without a proper progress on a nuclear deal.

-Iranian president pezeshkian says, Iran will not make any concessions in negotiations with the US under any circumstances...

2,600 CRYPTO COMPANIES SHUT DOWN:

Only 194 firms hold MiCA licenses in a market that had over 3,000 registered crypto companies in 2024. Around 75% lost their right to operate as of July 1. ESMA confirmed no extensions, no exceptions, no pending status. Operating without a licence after July 1 is breaking EU law.

Binance, the world's largest crypto exchange, suspended most EU services after failing to obtain a MiCA licence. Estonia had 641 licensed crypto firms at its peak. Today it contributes almost nothing to the authorised register. Coinbase, Kraken, OK, Crypto com and Ripple secured licences and now dominate the entire bloc...

Binance Founder CZ says, there is no exit from crypto for me.

CZ says the 4 year crypto cycle is still playing out like normal. He compared today’s market to the 2022 cycle lows after Luna & FTX, noting crypto is still far higher than where it bottomed last cycle.

He also says, “I think it’s just a normal cycle… every cycle is higher.”

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BLACKROCK just sold $212,450,000 worth of BITCOIN.

Same phase but different sentiment...

IMPORTANT:

Maharashtra has officially brought CRYPTO assets under the MPID Act. It becomes the first Indian state to legally recognize Crypto as recoverable property...

Metaplanet Buys 2,823 Bitcoins, now there total holdings is at 43,000 BTC...

BTC crosses $62,000

MARKET UPDATES:

-Market sentiment: Extreme Fear

-Index value: 21

-BTC Dominance: 58.44%

-Altcoin season index: 46/100

-Total crypto marketcap: $2.14 Trillion..

-Bitcoin price: $61,600
-ETH Price: $1,700

They haven't missed a day, El Salvador is buying 1 Bitcoin each and every day.

The country now holds 7,700 BTC in its national treasury & is staying committed to its strategy of buying 1 Bitcoin everyday.

RBI wants Indian banks to stay away from crypto.

This could be a major setback for crypto investors, Web3 startups, & India’s growing crypto industry...

IMPORTANT UPDATES:

-$4.7 trillion JPMorgan warns Michael Saylor's 'Strategy' is creating a new risk for the Bitcoin market.

-President Trump says he "didn't" know he made $1.4 billion from crypto.

-President Trump says there's "nothing illegal" and "nothing wrong" with him making $1.4 billion from crypto.

-President Trump's investment accounts made 327 undisclosed stock purchases one day before he paused major tariffs, NBC reports.

-President Trump says he thinks Elon Musk will donate SpaceX stock to Trump accounts.

-Binance officially receives approval to offer crypto services in the Philippines.

-U.S national debt hits a record $39.4 trillion

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RBI Told The Parliament That Crypto Should Be Banned..

On July 2nd, During the Parliamentary Standing Committee on Finance, RBI made a bold move telling that cryptocurrencies should be banned in India.. They say its a threat to economy..

India collects Approx 706 crores in crypto tax but RBI says crypto should be banned..

On the other side, U.S has come up with the ''Clarity Act'' bill, once its passed crypto will boom..

About 1 Million Investors Lost $3.8 Billion on Trump Memecoin..

Yes Guys People who invested in Trump coin have lost $3,810,000,000..

MemeCoin had a peak value of around $75, but it's currently worth less than $2 now..

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Michael saylor's Strategy has sold 3,588 BTC worth $216M to fund dividends on its Digital Credit Securities.

As of today, Strategy holds 843,775 Bitcoins..

Tom Lee's 'BitMine' buys 42,197 Ethereum worth $73 million yesterday..