Liquidations: The market experienced significant liquidations of $471.66 million over the past 24 hours, with $300 million occurring in the last 4 hours, primarily due to long positions in BTC and ETH. This indicates high volatility and pressure on leveraged traders.
Panic Selling: CryptoQuant data shows that short-term holders (STH) sold 15,000 BTC at a loss over the past week, increasing the risk of falling below $100,000 if the pressure continues.
Fibonacci Levels (Fibonacci Retracement) - one of the most popular tools in swing trading, especially in the volatile cryptocurrency market. They help identify price correction zones and potential entry/exit points within a trend. The tool is based on the Fibonacci number sequence, where key levels (23.6%, 38.2%, 50%, 61.8%, 78.6%) often act as support and resistance zones.
Basics of Fibonacci Levels in Swing Trading What are Fibonacci Levels? These are horizontal lines drawn on the chart from the minimum (swing low) to the maximum (swing high) in an uptrend or vice versa in a downtrend. Key correction levels: 23.6%, 38.2%, 50%, 61.8%, 78.6%. Additional levels (100%, 161.8%, 261.8%) are used for targets and extensions.
Why do they work? Fibonacci levels are popular among traders, making them self-fulfilling zones where price often stops or reverses due to mass actions of market participants.
Application in Swing Trading: Used to identify entry points during corrections in the trend or reversals, as well as to set profit targets.
#XSuperApp — is a concept related to the plans of the social platform X (formerly Twitter) to transform into what is known as a 'superapp'. A superapp is a multifunctional mobile application that combines a wide range of services, such as social networking, messaging, financial services (payments, transfers, investments, stock and cryptocurrency trading), e-commerce, taxi ordering, food delivery, and others, providing the user with a single interface to solve multiple tasks.
The idea of XSuperApp is based on the company's desire, under the leadership of Elon Musk and CEO Linda Yaccarino, to create a universal platform similar to China's WeChat, where users can not only communicate but also perform financial operations, invest, purchase goods and services, all without leaving the app. In the near future, X plans to implement stock trading, cryptocurrency trading, as well as integrate payment services and possibly issue its own cards (debit or credit).
Specific details about the launch of XSuperApp, its functionality, and timelines for implementation remain at the level of statements and plans.
In the last 24 hours, the key news related to USDC has been Coinbase's announcement of the launch of Coinbase Payments, a platform for instant USDC settlements for merchants. This solution, integrated with the Base blockchain, allows merchants to accept payments in USDC around the clock, without the delays of traditional banking systems and with minimal fees. The system simplifies transactions by eliminating the need to manage blockchain mechanisms. This strengthens USDC's position in retail payments and supports the growth of its use in traditional financial structures.
#PowellRemarks The term stagflation is likely to become especially popular soon, in light of current events, so this post is, just in case, for those who have not encountered it.
Stagflation is an economic phenomenon characterized by a combination of high inflation, low economic growth, and often, increased unemployment. In the context of the current situation – unchanged Federal Reserve rates (4.25–4.5%), a cautious forecast for two rate cuts in 2025, criticism of Trump and tariff policy, as well as the growth of the crypto sector (for example, Circle's stock up 34% after the GENIUS Act) – stagflation presents a significant risk.
Attracting institutional investors: The law eliminates regulatory risks, attracting pension funds, index funds, and large banks that previously avoided crypto assets. For example, ARK Investment has already invested $150 million in Circle's IPO.
Interest from large corporations: JPMorgan, Amazon, and Walmart are considering issuing their own stablecoins, which could stimulate competition and new public offerings.
The issue of what to do with the excess printing is gradually being addressed. Meanwhile, the problem of government debt continues to grow...
Integration of USDC on XRP Ledger: On June 12, 2025, Circle officially announced the launch of native USDC on the XRP Ledger (XRPL) blockchain. This allows USDC to be used for corporate B2B payments, enhancing global capital movement and DeFi liquidity.
Partnership of Circle with Matera: On June 13, 2025, Circle entered into an agreement with Matera to integrate USDC into core banking systems. Matera became one of the first companies to implement stablecoins into traditional finance, creating a bridge between digital currencies and banking infrastructure.
Launch of USDC and EURC in Colombia through Wenia: From June 12 to 13, 2025, Circle reported that through its partner Wenia (part of Grupo Cibest), Colombians gained access to USDC and EURC. The platform offers a Mastercard-supported wallet, providing real-time storage and spending of stablecoins. Wenia attracted 16,000 users in its first year and processed 65 million transactions.
Circle Payments Network (CPN): On June 18, 2025, Circle introduced the Circle Payments Network, a unified global payment service using USDC and EURC for around-the-clock value transfer. Partners such as RedotPay and ConduitPay are already integrated into the network, addressing the issue of fragmentation in traditional payments.
#MyTradingStyle The first task in any endeavor is to find landmarks. In the world of cryptocurrencies, many cannot find them properly. And how can they be found here when the price can go up and down with roughly equal probability? The moving average does help a bit, at least indirectly reflecting something. Market capitalization can also say something. But in the grand scheme of things, it's not what you can rely on. At any moment, huge sums can be withdrawn, or conversely, injected.
This situation reminds me of poker. Overall, you know what can happen and with what probability. Therefore, my trading style is the same as when playing poker. The main thing is not to lose too much, minimizing inevitable losses, and maximizing profit when it seems like you have a good hand.
#GENIUSActPass The stablecoin market is estimated at $250–254 billion, with a projected growth to $3.7 trillion by the end of the decade. The law aims to legitimize and support this sector...
For the majority of the inhabitants of our planet, the details of this bill do not hold much significance. What matters is its essence. Maintaining the hegemony of the dollar. Whether it's petrodollars or cryptodollars, it doesn't matter; in fact, the more dollars in circulation, the better it is for the Fed, and in some sense for the USA and the West. But not for the other countries.
#FOMCMeeting FOMC meeting June 17–18, 2025: the rate is likely to remain at 4.25–4.50%. A 'dot plot' is expected with a forecast of 1–2 rate cuts by the end of the year. Powell will emphasize caution due to inflation (~2.6%) and trade tariffs. Markets are awaiting signals for September. Volatility is possible!
$BTC A couple of loud news about the acquisition of a large amount of Bitcoins, and the price, surprisingly, has gone up. But how long will it last, will they really start buying as much as they mentioned?
#MetaplanetBTCPurchase Metaplanet — is a Japanese public company (ticker 3350.T on the Tokyo Stock Exchange) that has been actively investing in Bitcoin (BTC) since 2024 as part of its treasury management strategy. It positions itself as the 'Japanese MicroStrategy,' following the model of the American company that uses Bitcoin as a reserve asset to hedge against inflation and the volatility of the national currency (in this case, the yen).
Bitcoin Accumulation Strategy:
Metaplanet started buying Bitcoin in April 2024 to use it as a strategic reserve asset to protect against the devaluation of the yen and Japan's debt burden.
As of June 16, 2025, the company owns 10,000 BTC, making it one of the largest corporate holders of Bitcoin in Asia and the eighth in the world among public companies. The latest major purchase amounted to 1,112 BTC for approximately $117.9 million.
Vietnam has officially recognized bitcoin and other cryptocurrencies as digital assets under the adopted Digital Technology Law. The law, approved by the National Assembly of Vietnam on June 14, 2025, will take effect on January 1, 2026. It classifies digital assets into two types: virtual assets and crypto assets, with bitcoin and other cryptocurrencies falling under the category of crypto assets that utilize encryption and blockchain technologies.
However, it is worth noting that cryptocurrencies are not recognized as legal tender in Vietnam, and their use for the payment of goods and services remains prohibited. The law aims to regulate crypto assets, ensure compliance with international standards for combating money laundering, and support the development of the digital economy, including blockchain and artificial intelligence.
This is a step forward in creating a legal framework for cryptocurrencies, but complete regulatory clarity is expected later, as the government must develop specific conditions and oversight mechanisms.
$BTC TMTG's deal for the creation of a bitcoin treasury worth 2.3 billion dollars, approved by the SEC, raises the main question of how quickly and in what quantity BTC will be purchased. It is at least strange to expect that the entire amount will be spent on this immediately.
#TrumpBTCTreasury The TMTG deal to create a $2.3 billion Bitcoin treasury, approved by the SEC, underscores the company's strategic shift towards cryptocurrencies and financial services. This is part of a broader trend of institutional adoption of Bitcoin, but also reflects the political and business strategy associated with Donald Trump. Despite the potential for BTC price growth and strengthening TMTG's position, the deal is fraught with financial, regulatory, and ethical risks. Further developments, including the launch of an ETF and actual BTC purchases, will be key to assessing its success.
$ADA — is not only cryptocurrency but also fuel for micro-donations in charity: Cardano is actively used in social projects, especially in Africa. For example, through a partnership with the World Mobile project in Tanzania and Ethiopia, ADA is used for microtransactions that allow local residents to pay for internet access or educational resources. The uniqueness is that due to Cardano's low fees (averaging less than $0.01 per transaction), ADA is perfectly suited for such micro-donations that are unavailable in traditional financial systems. Moreover, in 2024, the Cardano Foundation launched an initiative where ADA holders can donate tokens to environmental and educational projects directly through the Daedalus wallet, strengthening ADA's reputation as a "socially responsible" cryptocurrency.
#CardanoDebate Charles Hoskinson proposed to allocate $100 million in ADA tokens from Cardano's reserves to purchase bitcoins and stablecoins (such as USDC or USDT). The goal is to activate the decentralized finance (DeFi) segment in the Cardano ecosystem. This proposal aims to enhance liquidity and attract new users to Cardano's DeFi protocols, such as Minswap or SundaeSwap, through the integration of high-cap assets like BTC.
This proposal differs from the previously discussed budget of 50–70 million ADA for funding IOG development. The allocation of $100 million for DeFi indicates a strategic focus on expanding the ecosystem through integration with Bitcoin and stable assets.
Community reaction: In the Cardano community, this proposal has elicited mixed reactions. Some users note the growing interest in DeFi on Cardano, highlighting the organic growth of token holders and trading volumes on DEX (for example, CSWAP). However, others express concerns that a large allocation of funds may impact the price of ADA or increase dependence on external assets.
$ETH It has been a month since the chart became horizontal... The range of fluctuations is approximately $400. No significant news, on the contrary, so much has happened in the world in the last month that the ether is starting to become a model of stability. But this cannot last long, this is not that market.
$BTC Perhaps someone has started withdrawing money from crypto to participate in the oil market, as the conflict between Iran and Israel seems likely to drag on for a long time, with the risk of strikes on Iranian oil facilities.
#IsraelIranConflict After the Israeli strike, Iran delayed its response. There was also a widespread communication blackout in Iran. Combined with the fact that the Israeli strike was aimed at the top military command of Iran, which could not have been carried out without betrayal at the top of Iran, there may have been an attempt at a coup.
This is also indirectly confirmed by the panic in Israel. It seems they did not expect a retaliatory strike to be possible. And it can only be impossible in the case of a coup in Iran.