BTC has fallen to $62K, nearly 50% below its all-time high and down 24% over the last month.
Price has now moved into a key cluster of historical valuation levels where previous bear markets have often found their floor.
π While downside pressure remains elevated, BTC is now trading in a zone that has historically attracted long-term buyers and marked the later stages of major corrections.
Price has now moved into a key cluster of historical valuation levels where previous bear markets have often found their floor.
π While downside pressure remains elevated, BTC is now trading in a zone that has historically attracted long-term buyers and marked the later stages of major corrections.
π¨ Strategy Update
Strategy has acquired 1,550 BTC for approximately $101 million, increasing its Bitcoin holdings to 845,256 BTC.
Additionally, the company has increased its USD Reserve by $100 million, bringing total cash reserves to $1.0 billion.
π Despite market volatility, Strategy continues to strengthen both its Bitcoin reserve and cash position, signaling continued confidence in its long-term strategy. ππ
Strategy has acquired 1,550 BTC for approximately $101 million, increasing its Bitcoin holdings to 845,256 BTC.
Additionally, the company has increased its USD Reserve by $100 million, bringing total cash reserves to $1.0 billion.
π Despite market volatility, Strategy continues to strengthen both its Bitcoin reserve and cash position, signaling continued confidence in its long-term strategy. ππ
β€1
π Crypto Market Sentiment Update
π¨ Fear & Greed Index: 14 β Extreme Fear
Market sentiment remains under heavy pressure as fear continues to dominate.
π Investors are cautious, but historically extreme fear zones can also create potential accumulation opportunities.
Previous levels:
β’ Yesterday: 15 (Extreme Fear)
β’ Last Week: 12 (Extreme Fear)
β’ Last Month: 27 (Fear)
β οΈ Volatility may remain high β manage risk carefully.
π¨ Fear & Greed Index: 14 β Extreme Fear
Market sentiment remains under heavy pressure as fear continues to dominate.
π Investors are cautious, but historically extreme fear zones can also create potential accumulation opportunities.
Previous levels:
β’ Yesterday: 15 (Extreme Fear)
β’ Last Week: 12 (Extreme Fear)
β’ Last Month: 27 (Fear)
β οΈ Volatility may remain high β manage risk carefully.
Bank of Korea-Backed Clearing Body Files Won Stablecoin Reserve Patent
Korea's payment infrastructure is moving ahead of stalled legislation on won-pegged stablecoins, laying the groundwork for an independent reserve audit regime of the kind built into the US GENIUS Act and the EU's Markets in Crypto-Assets (MiCA) framework.
The Korea Financial Telecommunications and Clearings Institute (KFTC), a bank-owned non-profit operating South Korea's interbank settlement network under Bank of Korea oversight, filed a patent for technology that verifies whether stablecoin issuers hold reserves matching tokens in circulation, Seoul Economic Daily reported on 19 Jun. The technology cross-checks an issuer's reported reserves against actual holdings to confirm 1:1 backing.
KFTC separately registered a related patent on 18 May, covering a hybrid atomic swap system that links different blockchains with conventional financial networks, ensuring asset transfers across these systems settle without rollback risk.
Korea's payment infrastructure is moving ahead of stalled legislation on won-pegged stablecoins, laying the groundwork for an independent reserve audit regime of the kind built into the US GENIUS Act and the EU's Markets in Crypto-Assets (MiCA) framework.
The Korea Financial Telecommunications and Clearings Institute (KFTC), a bank-owned non-profit operating South Korea's interbank settlement network under Bank of Korea oversight, filed a patent for technology that verifies whether stablecoin issuers hold reserves matching tokens in circulation, Seoul Economic Daily reported on 19 Jun. The technology cross-checks an issuer's reported reserves against actual holdings to confirm 1:1 backing.
KFTC separately registered a related patent on 18 May, covering a hybrid atomic swap system that links different blockchains with conventional financial networks, ensuring asset transfers across these systems settle without rollback risk.
π Crypto Market Sentiment Update
π¨ Fear & Greed Index: 23
β‘οΈ Extreme Fear
Market sentiment remains highly cautious as fear continues to dominate. Historically, extreme fear zones can present accumulation opportunities, but volatility risk remains high.
π Fear levels:
Yesterday: 20
Last week: 23
Last month: 25
Stay patient & manage risk. π
π¨ Fear & Greed Index: 23
β‘οΈ Extreme Fear
Market sentiment remains highly cautious as fear continues to dominate. Historically, extreme fear zones can present accumulation opportunities, but volatility risk remains high.
π Fear levels:
Yesterday: 20
Last week: 23
Last month: 25
Stay patient & manage risk. π
β€3
Bitcoin miners are becoming AI companies and selling their BTC to fund the transition
The average public miner spent $79,995 to produce one bitcoin last quarter. Bitcoin is trading at $70,000. The math doesn't work, so the industry is pivoting to AI, taking on $70 billion in contracts, and liquidating bitcoin treasuries to finance the shift.
The average public miner spent $79,995 to produce one bitcoin last quarter. Bitcoin is trading at $70,000. The math doesn't work, so the industry is pivoting to AI, taking on $70 billion in contracts, and liquidating bitcoin treasuries to finance the shift.