In 2023, the SEC claimed that ADA qualifies as a security, arguing that it fits the Howey test. Input Output Global (IOG) and the Cardano Foundation firmly rejected this classification, arguing that ADA does not meet the legal criteria that define a security.
2. $100M Treasury proposal for stablecoin liquidity
On June 13, 2025, ADA fell $100M) from the treasury to boost liquidity in stablecoins like USDM.
Charles Hoskinson promoted a gradual sale, in OTC and algorithms, to minimize impact.
Some members expressed concern about potential selling pressure and front-running on ADAV.
3. Summit after the budget and inclusive governance
Hoskinson proposed an in-person summit to review the 2025 budget cycle, including key dReps, Foundation, and Constitutional Commission.
There was intense debate about whether this would be elitist: some believe it should be open to all dReps, while others fear that a meeting of 500 people would be unmanageable.
4. Budget clashes: Foundation vs IOG
The Cardano Foundation proposed cutting nearly 44% (~31M ADA) from the budget suggested by Intersect/IOG for core and open-source development.
This generated criticism, pointing out that it hinders technical progress and the quality of fundamental tools.
5. Liquidity challenges and stablecoin strategies
Hoskinson highlighted that the lack of liquidity in stablecoins is one of the greatest weaknesses of the ecosystem and criticized that IOG will not use private capital for this—according to him, that falls to the Foundation, which has donated ADA for this purpose.
Cardano has reached an important milestone with over 2,000 projects built on its platform, reflecting remarkable growth of the ecosystem and increasing interest from developers.
2. Debate on liquidity in stablecoins causes price drop (~6%)
ADA fell more than 6% following a proposal driven by Charles Hoskinson to use 140 million ADA from the treasury with the aim of boosting liquidity in stablecoins. The price dropped from approximately $0.688 to $0.625 before recovering slightly.
3. Possible technical rebounds point towards $0.67-$0.70
Bollinger pattern analysis suggests that ADA could experience a rebound towards the range of $0.67-$0.70, finding support at key levels.
Ether has shown a rebound compared to Bitcoin and Solana, rising ~2.4% in the past week, thanks to its central role in the stablecoin ecosystem (almost half is issued on Ethereum). Additionally, the recent upgrade "Pectra", along with favorable regulation and the public debut of Circle, has strengthened its institutional appeal.
2. Rally Due to Macroeconomic Data
Attention surrounding the U.S. inflation data boosted cryptocurrency prices. ETH approached $2,800, reflecting a widespread bullish sentiment.
3. Massive Purchase by SharpLink
The firm SharpLink Gaming acquired 176,270 ETH (≈ $463M) at an average price of about $2,626. Subsequently, it staked 95% of it, thereby reinforcing its position and the security of the network.
4. Selling Pressure and Technical Risk
Indicators such as MVRV show signs of profit-taking (sell signal) and warn of a key support level near $2,410, while ETH experiences rejection around $2,875.
Following Israel's attack on Iran (June 13, 2025), Bitcoin plummeted abruptly from ~108,000 USD to 103,000 USD in a matter of hours. ETH also saw a sharp decline.
These types of movements reflect rapid sales driven by fear or geopolitical uncertainty, even when the event does not directly affect the crypto ecosystem.
🛡️ 2. Safe haven or risk aversion: it depends on the moment
Cryptocurrencies can act as an alternative refuge in crises (similar to gold), especially in countries with unstable currencies. ➤ For example, in Iran, the rial fell and searches for BTC on P2P platforms increased.
However, in the global short term, many institutional investors prefer to reduce exposure to volatile assets (like crypto) during conflicts, leading to sales and price drops.
$BTC Trump announces his plan for stablecoins and regulatory framework At the Coinbase State of Crypto Summit, former President Donald Trump presented his crypto priorities, including support for the GENIUS Act for dollar-backed stablecoins and the creation of a clear regulatory framework for the future of the crypto market in the U.S.
Correction of ~2%: BTC around $107,000
Bitcoin retraced about $4,000 after reaching levels close to $110,000, establishing a range of $100,000-$120,000 as a key technical zone.
The retracement is related to resistance at $108,000 and cooling expectations of Fed rate cuts.
#TrumpTariffs Tensions with automobiles: possible increase in tariffs Trump announced that he could soon increase tariffs on imported cars, seeking to encourage local industrial investment. He cited recent investments by GM and Hyundai in response to the current tariffs on cars, steel, and aluminum.
*Unilateral tariffs "on the way"* The former president stated that in one or two weeks he will send letters to trade partners notifying them of the new unilateral tariffs, country by country, if favorable agreements are not reached before the July 9 deadline.
Judicial ruling: tariffs remain in effect while the appeal is ongoing An appeals court allowed current tariffs to remain active while the courts review the legality of the so-called "Liberation Day tariffs".
ETH reaches a 15-week high (~ USD 2,833): On June 11th, the price of Ethereum surpassed significant resistance levels, reaching USD 2,833.
Bullish continuation predictions: ETH is expected to exceed USD 3,000–3,400 due to factors such as ETF inflows, staking, and on-chain indicators showing little resistance up to around USD 3,417.
🐋 Big players: the "whales"
$11M leveraged operation: A whale opened a long position of approximately 4,000 ETH with 25× leverage (~USD 2,758), achieving an unrealized gain of nearly USD 366,000 after the bullish breakout.
Currently trading around 534 USD, with a slight intraday increase (+0.7%).
YTD, the ETF has accumulated a rise of ~3.8%, and if we look at the last month, it surged about **+7–8%**.
🚀 2. Rebound Catalysts
Strength driven by AI and tech: Nasdaq benefits from the rise of artificial intelligence, with big names like Nvidia and Microsoft leading the QQQ.
Relief in trade tensions: improved dialogues between the U.S. and China are restoring confidence in the tech sector.
🏛️ 3. Risks and Vulnerabilities
Concentration in megacaps: Tesla suffered a drop of 14% after a spat between Musk and Trump, dragging down the Nasdaq and the QQQ, revealing the risk of high dependence on a few stocks.
Macro sensitivity: future movements of the QQQ depend on inflation data (CPI, PCE) and the outcomes of trade rounds.
The 90-day pause on tariffs between the U.S. and China sparked a significant rally: after the drop from April 2 to 10, the S&P 500 regained some of the lost ground and returned to positive territory for the year on May 13.
Ongoing negotiations, with constructive dialogue in London, encouraged global markets, including the Australian Stock Exchange, which reached historic highs.
2. Technical indicators and institutional bullishness
The S&P 500 crossed its 200-day moving average, a classic technical buy signal, while the VIX remained low, reflecting reduced nervousness.
“Big Money” (institutional investors) became more aggressive again after a period of divestment between March and May, reinforcing a possible “melt-up” scenario.
3. Small businesses recovering
The Russell 2000 (small caps) led the weekly rebound (+1.1%) following gains in the S&P and Nasdaq.
Analysts from Evercore and Alger see an opportunity: attractive valuations, seasonal momentum in June, and potential advantage from rate cuts.
4. Corporate earnings and upward revisions
Better-than-expected earnings reports from major tech companies (such as Nvidia, Microsoft, Apple) support the rally.
Morgan Stanley highlights an improvement in earnings revisions breadth, which historically precedes a significant rebound: a rise of the S&P to 6,500 is projected within 12 months.
5. Favorable macroeconomic context
Inflation is slowly easing, and the Federal Reserve opts for a more cautious stance: a mild recession is estimated to potentially lead to rate cuts by the end of the year and prolong the rally.
Sectors sensitive to low rates, such as consumer and small caps, would benefit more in that scenario.
#USChinaTradeTalks What NO ONE has told you about the conversations between 🇺🇸 and 🇨🇳 (and their possible impact on your portfolio on Binance) Friend, I’m going to be clear: while you spend time watching dog videos, China and the United States are moving pieces in a chess game that affects your financial situation 🧠💣 Did you know that 80% of the rare minerals that the United States needs to produce semiconductors and advanced weaponry come from China? And now, Beijing is considering limiting the export of gallium and germanium... two ESSENTIAL elements for chips, satellites, and military technology 🚀📉 This is not just a trade dispute. It is a silent war. And you, without realizing it, are involved if you operate in cryptocurrencies 🪙⚠️ 👁️🗨️ In the latest round of negotiations in Shanghai (May 2025), the Americans proposed lifting restrictions on companies like SMIC only if China ceases its technological support to Iran. Did that make it to CNN? No. Is it important? Definitely. And here comes the big news 💥: According to reports from the South China Morning Post, China has a confidential agreement with Russia to exchange energy using digital yuan (e-CNY) backed by gold… this is alarming the U.S. Treasury. Because if that expands, the dollar could lose its status as the world’s primary reserve currency. That could also weaken the empire. What is the impact on Binance? 📈 Trading volume in the USDT/CNY pair has doubled in the last three months 📉 Institutional investors are shifting their capital toward BTC as a refuge against possible sanctions and capital freezes The war will not be with weapons. It will be with currencies, information, and blockchain technology. And you decide whether to watch from the outside or educate yourself with what others don't know yet. This is not unfounded fear. It is vision. Think like a big investor 🐋, not a small one. 🧠💸
$BTC Currently trades around 110,000 USD, showing a gain of ~4% today.
Over the last year, BTC has risen approximately 58%, following a sustained upward trend.
However, in recent weeks there has been a healthy correction: from a peak of ~111,880 USD, it fell about 7% to around ~104,000 USD, attributed to technical adjustments and macroeconomic volatility.
🔍 Short-term outlook
From a technical analysis perspective, there are key resistance levels at ~112,000–112,500 USD and support near 103,000 USD.
The Glassnode platform warns that the market is undergoing a phase of strong profit-taking, which could lead to consolidation or correction towards ~103,700 or even ~95,600 USD before resuming the trend.
Mixed forecasts: some anticipate a sideways range in June between 103–112,000 USD, while others suggest a risk of retreating to ~90,000 USD before a possible new bullish impulse.
Possible "Short Squeeze" Movement: Some analysts believe that a 10% rebound could liquidate approximately 15 billion dollars in short positions, which would generate significant volatility in the short term.
Technical Pattern "Golden Cross" (bullish crossover): Some experts point out that Bitcoin may be repeating a Golden Cross (20 EMA crossing above 50 EMA), which historically precedes strong rebounds—potentially up to 150,000 USD.
Current Status
Price Between 104,000–106,000 USD, resilient despite corrections Accumulation Prolonged institutional buying strategy (Saylor & Strategy) External Influences Politics (Trump vs Musk), macroeconomics (tariffs, bonds) Key Events Bitcoin conference with a political bias; new ETF from Trump Media Technical Golden Cross + possibility of short squeeze increase volatility.