Bitcoin Rallies Above $102K After Panic Sellers Dump Into War Fears
coindesk.com
Bitcoin (BTC)
$BTC
BTC$102,525.76 rallied above $102,000 after briefly falling below $101,000 in a volatile session marked by unusually heavy trading, according to CoinDesk Research's technical analysis model. Market participants reacted swiftly to the dip, which pushed BTC near the bottom of its month-long trading range.
The reversal gained momentum as volume accelerated, leading to a strong rebound. The move coincided with a sharply worded post from James Lavish, a Managing Partner of the Bitcoin Opportunity Fund, who wrote on X: “If you are selling Bitcoin because of the possibility of the world going to war, you have absolutely no idea what you own.”
The $100K–$110K range has contained price movement for nearly a month. On-chain metrics suggest a balanced market with neither excessive profit-taking nor aggressive accumulation, while derivatives data indicates cautious sentiment with continued demand for downside protection.
Technical Analysis Highlights
A midnight push lifted BTC above $102,800 with trading volume peaking at 17,906 BTC. Between 05:57 and 06:00, BTC climbed from $102,767 to $102,912, supported by volume spikes over 150 BTC per minute. Peak recovery-period volume hit 184.24 BTC, helping drive price toward $102,990. Minute-level consolidation around $102,680–$102,720 preceded the breakout. A higher support level began forming near $102,870 as volatility decreased. $WCT
Bitcoin Mining: Bitcoin mining involves validating transactions and securing the blockchain by solving cryptographic puzzles using specialized ASIC hardware. Miners compete to produce a hash below a target value, earning 3.125 BTC per block (post-April 2024 halving) plus transaction fees. The network’s hashrate, measuring computational power, stands at 951.69 EH/s in June 2025, driven by Bitcoin’s price exceeding $100,000, ensuring robust security. U.S. miners, holding 31.5% of global hashrate, saw a 99% year-over-year increase, pushing mining difficulty to 126.41 trillion and costs above $70,000 per Bitcoin. With hashprice at $52 per PH/s, profitability is tight, prompting miners to enhance efficiency or diversify into AI hosting. The U.S. leads globally, followed by Kazakhstan, while China’s share fell post-2021 ban. Higher hashrates bolster security but challenge smaller miners, favoring large operations with cheap energy and advanced hardware, shaping a competitive landscape.
Bitcoin Mining Algorithm: Bitcoin’s SHA-256 algorithm, integral to its proof-of-work consensus, generates a 256-bit hash, ensuring secure, unpredictable outputs. Miners solve puzzles by iterating a nonce to find a hash below a target, adjusted every 2,016 blocks to maintain 10-minute block intervals. SHA-256’s cryptographic strength prevents tampering, securing Bitcoin’s $2 trillion market cap. With a hashrate of 951.69 EH/s and difficulty at 126.41 trillion, it demands immense computational power via ASICs. While energy-intensive, drawing criticism, SHA-256’s design favors specialized hardware, raising centralization concerns but reinforcing security. Unlike Ethereum’s former ASIC-resistant Ethash, SHA-256’s reliability has sustained Bitcoin since 2009. Miners rely on cutting-edge ASICs and cheap energy, navigating economic and environmental challenges in a high-stakes ecosystem.
#ScalpingStrategy Scalping demands precision, discipline, and a robust strategy to capitalize on small price movements. My approach starts with selecting highly liquid assets like BTC/USD on Binance, ensuring tight spreads and fast execution. I use a 1-minute or 5-minute chart with technical indicators like moving averages (EMA 20/50), RSI, and VWAP to identify momentum and overbought/oversold conditions. My setup includes a clear entry and exit plan: I enter trades at key support/resistance levels or breakout points, targeting 0.1-0.5% gains per trade.
Risk management is critical. I set a strict stop-loss at 0.2% below entry to limit losses and maintain a 1:2 risk-reward ratio. Position sizing never exceeds 2% of my account per trade to avoid overexposure. I rely on real-time order book analysis and tape reading to gauge market sentiment, exiting trades swiftly if momentum fades. Staying disciplined, avoiding overtrading, and reviewing each session’s performance keeps my edge sharp in this fast-paced environment.
📈 Ethereum staking has reached a new milestone this week, with more than 35 million ETH, over 28.3% of the total supply. Ethereum staking has officially crossed 35 million ETH, which now accounts for over 28.3% of the total supply.
Here’s the full picture:
Massive Growth: Over 500,000 ETH was staked in just the first half of June 2025 alone. - Institutional Surge: Companies like SharpLink Gaming have staked hundreds of millions in ETH, signaling a shift from speculative trading to long-term yield strategies. - Liquidity Crunch: With so much ETH locked up, the liquid supply on exchanges is shrinking, which could lead to increased price volatility. Top Stakers: Lido Finance leads with 25% of all staked ETH, followed by Coinbase and Binance, each handling around 7.5%. Regulatory Boost: The U.S. SEC recently clarified that protocol-level staking doesn’t count as securities activity, encouraging more institutional participation. Investor Confidence: Addresses that have never sold ETH now hold a record 22.8 million coins, showing strong long-term conviction.
$WCT WalletConnect is an open-source protocol that enables decentralized applications to connect with mobile wallets using end-to-end encryption. It allows users to interact with Web3 platforms without exposing their private keys.
To evolve into a decentralized, user-owned infrastructure, WalletConnect launched its native token, WalletConnect Token (WCT). WCT serves as both a utility and governance token in the ecosystem, designed to reward participation, secure the protocol, and empower community decision-making.
#WalletConnect WalletConnect is an open-source protocol that enables decentralized applications to connect with mobile wallets using end-to-end encryption. It allows users to interact with Web3 platforms without exposing their private keys.
$WCT
To evolve into a decentralized, user-owned infrastructure, WalletConnect launched its native token, WalletConnect Token (WCT). WCT serves as both a utility and governance token in the ecosystem, designed to reward participation, secure the protocol, and empower community decision-making.
WCT tokenomics revolve around four main areas:
1. Staking: Users can stake WCT to secure the network and earn rewards. Longer staking periods enhance voting power and increase returns. 2. Rewards: A portion of the tokens is allocated as incentives for node operators, wallet providers, and developers. 3. Governance: Holders can vote on key decisions, such as protocol updates and fee structures. 4. Fees: WCT may be used for service fees within the ecosystem, supporting long-term sustainability.
The total supply of WCT is capped at 1 billion tokens. Distribution includes 30 percent for team and backers, 27 percent for the WalletConnect Foundation, 18.5 percent for community airdrops, 17.5 percent for rewards, and 7 percent for core development efforts.
On April 15, 2025, WCT became fully transferable, representing a key milestone in WalletConnect’s decentralization strategy. Token holders can now freely transfer, stake, and participate in network governance.
WCT plays a crucial role in building a decentralized future for Web3 connectivity and infrastructure.
Hot Wallet Vs Cold Wallet In the world of cryptocurrency, storing your digital coins safely is very important. There are two main types of wallets: hot wallets and cold wallets.
Hot wallets are connected to the internet. They include mobile apps, desktop software, or web wallets. Because they are always online, they are convenient for quick transactions. You can easily send or receive crypto from your phone or computer. However, this internet connection also makes them more vulnerable to hacking or malware.
Cold wallets are offline storage options, like hardware wallets or paper wallets. They are not connected to the internet unless you plug them in. This makes them much more secure from online threats. But they are less convenient if you need to access your crypto quickly.
Pros of hot wallets: Easy to use, fast transactions, good for daily trading Cons of hot wallets: Risk of being hacked, not ideal for long-term storage
Pros of cold wallets: High security, better for holding large amounts of crypto Cons of cold wallets: Less convenient, can be lost or damaged if not handled carefully
In short, use a hot wallet for daily use and a cold wallet to safely store your long-term crypto holdings. Many people use both for balance.
WalletConnect is a decentralized protocol that enables secure interactions between wallets and decentralized applications (dApps) in the Web3 ecosystem. It has grown into the WalletConnect Network, an onchain user experience layer powering over 150 million connections for 23 million users, supporting 600 wallets and 40,000 dApps.
#WalletConnect WalletConnect is an open-source protocol that enables decentralized applications to connect with mobile wallets using end-to-end encryption. It allows users to interact with Web3 platforms without exposing their private keys.
$WCT
To evolve into a decentralized, user-owned infrastructure, WalletConnect launched its native token, WalletConnect Token (WCT). WCT serves as both a utility and governance token in the ecosystem, designed to reward participation, secure the protocol, and empower community decision-making.
WCT tokenomics revolve around four main areas:
1. Staking: Users can stake WCT to secure the network and earn rewards. Longer staking periods enhance voting power and increase returns. 2. Rewards: A portion of the tokens is allocated as incentives for node operators, wallet providers, and developers. 3. Governance: Holders can vote on key decisions, such as protocol updates and fee structures. 4. Fees: WCT may be used for service fees within the ecosystem, supporting long-term sustainability.
The total supply of WCT is capped at 1 billion tokens. Distribution includes 30 percent for team and backers, 27 percent for the WalletConnect Foundation, 18.5 percent for community airdrops, 17.5 percent for rewards, and 7 percent for core development efforts.
On April 15, 2025, WCT became fully transferable, representing a key milestone in WalletConnect’s decentralization strategy. Token holders can now freely transfer, stake, and participate in network governance.
WCT plays a crucial role in building a decentralized future for Web3 connectivity and infrastructure.
Quantum computing is not an immediate threat to Bitcoin mining—but it could be in the future. Current Quantum computers are not powerful enough to outperform the specialized ASIC machines used in Bitcoin mining, nor can they yet break Bitcoin’s SHA-256 encryption. However, as Quantum hardware evolves, the cryptographic foundations of Bitcoin could become vulnerable, especially in areas like digital signatures.
Bitcoin halving is a major event that takes place about every 4 years. It cuts mining rewards in half, slowing new BTC supply and boosting scarcity. The total supply is capped at 21 million BTC, making Bitcoin a deflationary asset.
Halving milestones:
- 2009: Bitcoin launched — 50 BTC reward - 2012: First halving — reward cut to 25 BTC - 2016: Second halving — reward drops to 12.5 BTC - 2020: Third halving — cut to 6.25 BTC - 2024: Fourth halving — now at 3.125 BTC - Next halving (2028): reward will be 1.5625 BTC
Tokenomics snapshot:
- Max Supply: 21 million BTC - Circulating Supply (as of 2025): ~19.6 million - Inflation Rate: Gradually declining due to halving - Last BTC to be mined: Around year 2140
Each halving has historically sparked interest and long-term value growth. As rewards shrink, BTC’s scarcity and utility may become even more central to its value story.
The U.S. national debt has surged past $37 trillion, with 25% of tax revenue now going solely to interest payments. This alarming trend raises serious concerns about inflation, fiscal sustainability, and the long-term strength of the U.S. dollar. As traditional financial systems show signs of strain, many investors are turning to decentralized alternatives like Bitcoin and stablecoins. Bitcoin, with its fixed supply and decentralized nature, is increasingly seen as a hedge against currency debasement. Meanwhile, stablecoins backed by U.S. Treasuries are gaining traction for their potential to reduce borrowing costs and support liquidity. As trust in fiat systems erodes, crypto assets may become more attractive—not just as speculative tools, but as strategic financial lifeboats. Whether this shift will benefit all digital assets or just a select few remains to be seen, but one thing is clear: the debt crisis is accelerating the conversation around crypto adoption.
#SwingTradingStrategy One effective swing trading strategy indicators like the Relative Strength Index (RSI) and Moving Averages (MAs) to spot potential entry and exit points. I look for bullish crossovers where a short-term MA crosses above a long-term MA, signaling upward momentum. If RSI is also rising but not yet overbought, that confirms strength in the trend and signals a possible entry.
$WCT
For exits, I watch for resistance levels, reversal candlestick patterns, or RSI reaching overbought territory. Setting a stop-loss just below recent swing lows helps manage risk, while a trailing stop can lock in gains as the price climbs.
Patience is key—waiting for clean setups and avoiding trades during sideways markets helps reduce false signals. I also review broader market sentiment and upcoming news events to avoid surprises. Swing trading isn’t just about the charts; it’s about timing, discipline, and managing emotions just as much as the strategy itself.
Elon Musk’s ambitious plan to evolve X into a super app signals a major shift in the way users interact with social and financial services. Given Musk’s long-standing interest in cryptocurrency and X’s existing infrastructure, it’s highly likely that crypto support will be part of the future. While nothing is official yet, many in the tech world see digital assets as a natural fit for a platform aiming to unify communication, commerce, and content.
The addition of trading, payments, and investment tools could appeal to users looking for a seamless, all-in-one experience—especially if X offers competitive fees, fast transactions, and robust security. If the platform introduces crypto wallets, token swaps, or even fractional investing in crypto and stocks, it could attract a huge user base.
$WCT
However, to seriously compete with established platforms like PayPal, Robinhood, or Binance, X must prioritize regulatory compliance, trust, and ease of use. Integrated financial education tools and customer support would also be essential. The credit/debit card feature could make it more accessible for everyday transactions, bridging the gap between traditional finance and digital innovation.
Whether or not users switch will depend on how well X balances innovation with reliability. If done right, X could redefine the fintech-social media landscape and become a serious player in global digital finance.
WalletConnect is a decentralized protocol that enables secure interactions between wallets and decentralized applications (dApps) in the Web3 ecosystem. It has grown into the WalletConnect Network, an onchain user experience layer powering over 150 million connections for 23 million users, supporting 600 wallets and 40,000 dApps.
WalletConnect is a decentralized protocol that enables secure interactions between wallets and decentralized applications (dApps) in the Web3 ecosystem. It has grown into the WalletConnect Network, an onchain user experience layer powering over 150 million connections for 23 million users, supporting 600 wallets and 40,000 dApps.
Central to this network is the WalletConnect Token (WCT). Launched on the Optimism OP Mainnet and based on Ethereum, WCT is a utility and governance token. It facilitates network payments, staking, governance decisions, and participant rewards. Optimism integration ensures faster and more affordable transactions while maintaining Ethereum’s security.
WCT’s tokenomics are designed for sustainability. The total supply is capped at 1 billion, with no current inflationary mechanisms. The protocol relies on fee structures and allocations to power ongoing development and incentivize user participation.
As of now, WCT ranks around 384 by market capitalization, which stands at approximately 89 million USD. The circulating supply is about 186.2 million tokens, with a current price near 0.48 USD and daily trading volume exceeding 120 million USD.
Benefits of WalletConnect and WCT include: - Cross-chain and multi-wallet connectivity across Web3 apps - Decentralized governance via token holder voting - Support from key industry players like Consensys and Ledger - Cost-efficient and scalable architecture via Optimism
WalletConnect and WCT aim to redefine how people connect to the decentralized web, creating smoother, more secure, and universally accessible user experiences.
Binance Square introduces CreatorPad, offering verified users a chance to earn from $500,000 in Wallet Connect (WCT) rewards by completing tasks. From June 19 to September 30, 2025:
Promotion A: Earn a share of $200,000 by creating original WalletConnect-related posts, following project accounts, and trading at least $20 in WCT.
Promotion B: Between June 19 and 30, submit articles on Binance Square and X using campaign tags to compete for $50,000. Users need large followings and verified status. Further stages launch in July and August.
Promotion C: Register on the Write to Earn page and post WCT-focused content to earn up to 100% bonus commissions from reader trades made through your posts.
Eligibility rules apply. Promotions are not available in all regions.
USD Coin (USDC) is a digital stablecoin pegged 1:1 to the U.S. dollar, designed to offer the benefits of cryptocurrency without the volatility. Issued by Circle and originally co-founded with Coinbase, USDC is backed by cash and short-term U.S. Treasury assets held in regulated financial institutions. Its transparency and regulatory compliance have made it a trusted choice for traders, businesses, and decentralized finance platforms. USDC operates across multiple blockchains, including Ethereum and Solana, enabling fast, borderless transactions. As digital payments evolve, USDC plays a key role in bridging traditional finance with the growing world of Web3 and tokenized assets.
USD Coin (USDC) currently has a circulating supply of approximately 62.37 billion tokens, fully backed by U.S. dollar reserves. Its market capitalization stands at around $62.37 billion, making it the second-largest stablecoin and the seventh-largest cryptocurrency overall by market cap. USDC maintains a consistent $1.00 peg.
#PowellRemarks The Federal Reserve decided to hold interest rates steady for the fourth consecutive meeting, keeping the federal funds rate in the 4.25% to 4.5% range. Chair Jerome Powell emphasized the importance of seeing more conclusive economic data before considering any rate cuts. Despite a continued cooling in inflation, Powell maintained a cautious tone, signaling that the central bank is not ready to ease policy just yet.
The Fed’s projections still show two potential rate cuts in 2025, but uncertainty looms large. Seven out of nineteen officials believe no cuts may be necessary this year, reflecting ongoing concerns about inflationary risks and global economic dynamics. Powell highlighted the importance of remaining data-dependent and reiterated the Fed’s commitment to its dual mandate.
$BTC
Adding political fuel to the fire, former President Donald Trump sharply criticized Powell, labeling him “stupid” and urging a drastic two-percent cut to stimulate growth. His remarks have introduced fresh volatility into an already sensitive monetary landscape.
Investors are now reassessing their expectations for rate movements. Some expect a pivot later in the year, while others foresee prolonged caution. For now, the Fed’s message is clear—patience and prudence will guide the path forward, not political pressure or market noise.