09599518503🚀 1. Bitcoin on the rise and institutional rally
Bitcoin has reached approximately 110,400 USD, very close to its historical maximum in May (~112,000 USD), driven by inflationary optimism, possible Fed rate cuts, and strong institutional backing.
Bitcoin ETFs saw asset inflows grow from 91,000 million USD in April to 132,000 million USD in June, a clear sign of adoption by traditional investors.
Technically, a 50-200 day "golden cross" accompanies a flag pattern breakout, which could point to prices close to 137,000 USD, while key supports are located between 100,000 and 107,000 USD.
🌐 2. Ethereum boom and staking
Ether rose by 9.5%, trading near 2,758 USD, thanks to increasing volume and renewed optimism.
Ethereum staking reached a record of 34.8 million ETH (28% of the total supply), with platforms like Lido, Binance, and Coinbase leading the way.
🏛️ 3. Political initiatives and controversies
In the U.S., the Trump Administration created the Strategic Bitcoin Reserve and a stockpile of crypto assets from confiscations (~21,000 million USD in BTC, ~493 million USD in other assets).
In the United Kingdom, the FCA plans to allow retail investors to access listed crypto notes (cETNs), although restrictions on derivatives remain in place, balancing access and innovation.
In the U.S., the CLARITY Act and the GENIUS Act are advancing through Capitol Hill, focusing on regulatory certainty, consumer protection, anti-money laundering, and reviews of international stablecoins.
🏦 4. Monetary digitalization: euro and stablecoins
The ECB has urged the acceleration of the development of the digital euro in response to the rise of dollar-referenced stablecoins (~7% of total crypto), taking advantage of a window of dollar weakness.
Meanwhile, in the U.S., the CBDC (digital dollar) is stalled, but Republican figures support crypto reserves.