Is the BTC price heading towards $137K as shorts exceed $104.7K
Key takeaways: 📍BTC price mirrors global M2 trends with a 70-day lag; previous models led to major rallies. 📍Short liquidations above $104.7K may trigger a breakout; clusters act as price magnets. 📍Metaplanet now owns 6,796 BTC after purchasing for $126.7 million; the goal is to reach 10,000 BTC by 2026
Bitcoin is once again drawing attention as the BTC price crossed the $105,000 mark, sparking hopes for a continued rally. A growing accumulation of short positions is currently observed above the $104,700 level, which may act as a price magnet.
Alongside this, recent events such as institutional purchases, macroeconomic shifts, and the resumption of trading agreements are shaping a landscape that some believe could lead Bitcoin to the $137,000 mark. $BTC
BTC присоединился к iPhone и искусственному интеллекту (в списке технологических вех)
Ключевые выводы: 📍Новости биткоин: BofA сравнивает BTC с такими крупными технологическими разрушителями, как Model T и iPhone. 📍Банк поддерживает потенциал Биткойна с 2013 года. 📍BofA изучает возможность разработки стабильных монет совместно с банками США.
$BTC
🏦Bank of America, под управлением которого находится более 3 триллионов долларов США, поставил биткойн в один ряд с такими революционными инновациями, как печатный станок, Ford Model T, iPhone и искусственный интеллект, в новой аналитической записке, опубликованной в июне 2025 года.
Это сравнение подчеркивает растущий авторитет Биткойна более чем через десять лет после того, как в 2013 году банк впервые назвал этот актив “потенциалом роста”.
#FOMCMeeting Bitcoin is at a crossroads as the Federal Open Market Committee (FOMC) meeting of the Federal Reserve approaches on June 18, 2025. As global markets are on edge and the cryptocurrency industry is showing increased volatility, the outcome of this meeting could determine the next big move for Bitcoin. Now the million-dollar question is whether Bitcoin, the king of cryptocurrencies, will break into a new bullish trend or if a bearish correction is on the horizon? There is a high probability that the FOMC will not change interest rates, continuing to hold rates down in 2025. $BTC
Bitcoin has two key pressure relief valves. The first is the de-escalation of geopolitical risk, and the second is the FOMC meeting on Wednesday.
💡"We can take $100 million to convert it into stablecoins USDM/USDA, then exchange part for BTC for initial DeFi"
According to Hoskinson, this step will address a drawback of the blockchain ecosystem, such as the limited adoption of "stablecoins", which reduces competitiveness in the DeFi space.
He believes that solving this problem will generate "non-inflationary income" and stimulate the economy of decentralized finance.
According to DeFiLlama, the total capitalization of stablecoins in the network is $31.6 million compared to $124.4 billion for the leading Ethereum. Cardano ranks 46th among blockchains in this metric.
Some users criticized Hoskinson's proposal to sell a significant volume of ADA due to potential pressure on the asset's quotes. $ADA
#CardanoDebate The ADA token of the Cardano network decreased by 6.01% to $0.6412 amid market volatility and discussions about a proposal to allocate $100 million from the treasury for the DeFi ecosystem.
The TapTools team proposed to allocate 140 million ADA (approximately $100 million) to enhance the liquidity of stablecoins, such as USDM. Some community members are against this initiative: User @cardano_whale warned that introducing 140 million ADA could create selling pressure in the current market, which would negatively affect prices. He suggested issuing cryptocurrency-backed stablecoins, such as ObyUSD, to reduce direct selling pressure.
#IsraelIranConflict Binance News Feed?! At what point did one of the leading exchanges in the field of digital asset trading turn into a news feed illuminating events of geopolitics, armed conflicts, and verbal skirmishes of world "leaders"? I personally couldn't find a starting point, but I understood one thing! Each of us, including YOU, is a spineless link in the system against which you cannot fight! You will write an article about what you are told in the "Tasks to Complete" for which you will receive a whole point, equivalent to a microscopic fraction for your amusement! The price of you and me becomes even smaller, as you are the one who falls for it! Imagine yourself as a crypto trader, strong and independent, illusorily in your own mind, undercutting yourself, being in the minority, whose capital is 80% against your 20%.
And where will we... Oh, I misspoke 🤔 Where will we roll to next?!
#TrumpTariffs Trump stated that the USA will impose a total of 55% tariffs on Chinese goods
Meanwhile, although Trump's most extensive tariffs continue to face legal uncertainty, the president received a favorable update on Tuesday. The federal appeals court ruled that his tariffs may temporarily remain in effect. The U.S. International Trade Court blocked their implementation last month, deeming the method used for their adoption "illegal". On Tuesday, the USA and China agreed on a framework plan and implementation plan to ease tariff and trade tensions. Trump indicated that he approves, stating that the deal is "complete" and awaits approval from him and Chinese President Xi Jinping.
Bitcoin remains stable above the mark of $107,000, however, signs of profit-taking are appearing in the broader cryptocurrency market. 📍DOGE, TRX, XRP, BNB, SOL, and ADA are experiencing declines, while ETH shows signs of cooling off after a recent surge. 📍Positive macroeconomic events, such as trade negotiations between the USA and China and slowing inflation, enhance optimism in both stock and digital asset markets. Games with BTC on company balances are also gaining popularity — it seems an endless stream of companies is eager to replicate the MSTR strategy, not to mention the excitement surrounding stablecoins. Progress in agreements between the USA and China and easing CPI data are positive signals for global markets, reducing inflationary pressure and creating a more stable economic outlook. $BTC
#USChinaTradeTalks The USA and China will resume trade talks in London on Monday with the aim of easing tensions regarding rare earth metals and technology following talks between President Trump and Chinese leader Xi Jinping last week.
Both sides accused each other of stepping back from the May agreement in Geneva to suspend high tariffs. Now, Trump expects the London talks to go "very well."
The negotiations between the USA and China are taking place against the backdrop of Trump pushing countries to expedite discussions. The USA sent partners a letter as a "friendly reminder" that Trump's 90-day pause on comprehensive "reciprocal" tariffs expires in early July.
💰USDT and USDC are losing their monopoly: who will become the new king of stablecoins? The overwhelming majority of the market capitalization ($245 billion) belongs to stablecoins pegged to the US dollar. The leader remains USDT from Tether with $153 billion, followed by USDC from Circle ($60.9 billion), and in third place is Ethena USDe ($5.5 billion). But the situation may change. In mid-April, a new player appeared — USD1, linked to the Trump family project (World Liberty Financial). In just a month and a half, its market capitalization skyrocketed to $2.17 billion, and now it is in the top 5. The US has passed the GENIUS Act — a law that establishes clear rules for stablecoin issuers. Now they are required to: 📍Fully back tokens with dollars and government bonds 📍Publish reserve data 📍Undergo regular audits. ⚠️Governments want to control stablecoins, but they also give them the green light.
Is the era of altcoins fading?🤔 #Altseason While the price of NXPC shows bullish momentum, other top-ranking altcoins on the market are experiencing a downward trend. This has led to speculation about whether the altcoin season has come to an end.
The price of Ethereum (ETH), the leading altcoin in the market, has decreased by 2.7% over the last 24 hours.
Ripple's XRP and Solana (SOL) have also dropped by 4.8% and 4.7%, respectively. BNB, another leading altcoin, has slightly decreased by 0.6% during the same period.
$SOL
Although the daily price drop raises concerns, on the weekly chart these altcoins are experiencing bullish momentum.
This means that the emergence of favorable market conditions could push altcoins back into a bullish phase.
Moreover, former BitMEX CEO Arthur Hayes had previously predicted that altcoins are set for new rallies once Bitcoin surpasses the $110,000 mark.
Mastercard and MoonPay will collaborate to enable individuals and businesses to pay and receive payments using stablecoins in global markets. Businesses and fintech companies will be able to use Mastercard cards linked to users' stablecoin balances, allowing cardholders to spend their stablecoins, which will simultaneously be converted to fiat currency, at more than 150 million locations worldwide that accept Mastercard.
The partnership will leverage the API-driven stablecoin infrastructure from Iron, acquired by MoonPay in March, to streamline stablecoin-based payments for businesses and convert crypto wallets into new digital bank accounts for seamless global transactions. This will open up opportunities for businesses, neobanks, and other payment participants to easily and efficiently manage payouts and expenses, enhancing cross-border money transfers. It also allows businesses to offer stablecoin-based payouts to gig workers, contractors, and creators.
#CryptoRegulation Kevin O'Leary, Chairman of O'Leary Ventures, stated that the crypto industry is not sufficiently regulated, which hinders true institutional adoption of digital assets.
Speaking on Thursday at the Consensus 2025 conference in Toronto, O'Leary stated that assets under management (AUM) in crypto have hit a wall, which he believes is related to a lack of regulatory clarity, preventing most sovereign wealth funds, pension funds, and institutional investors from making meaningful investments.
O'Leary reported that Gensler, who was sworn in last month as Chairman of the SEC, has already indicated that he is friendly towards the cryptocurrency industry and will "regulate it appropriately."
On May 22, 2010, the day when an unknown person at the time bought a real product for cryptocurrency. It was on May 22, 2010, when programmer Laszlo Hanyecz entered history by purchasing two Papa John's pizzas for 10,000 BTC. At that time, the cost was about 41 dollars.
Hanyecz's goal was to demonstrate the potential of bitcoin as a currency for everyday transactions — a theory he developed for himself as one of the first advocates of BTC.
At this point, the cost of such a pizza would be $1,020,680, which is what 10,000 BTC is worth now.
The Trump administration lowered the tariff on 'de minimis' packages or shipments of goods valued at $800 or less coming from China from 120% to 54% and reduced the rate from 145% to 30% for packages from commercial carriers. The fixed duty option of $100 will also not increase to $200 per mail shipment starting June 1, as previously planned, according to an order issued on Monday that will take effect after midnight on Wednesday.
The change signifies the state of the trade war between the US and China. Relations are improving, but there is still a long way to go before they return to pre-January levels. On Wednesday, China lowered its overall tariffs on US goods to 10% for 90 days, while US tariffs on the overwhelming majority of Chinese goods decreased to 30% for that period. American tariffs are added to tariffs that were already in effect before the start of President Donald Trump's second term.
#CryptoRoundTableRemarks The US Treasury is holding roundtables on cryptocurrencies to shape regulations
The US Department of the Treasury is conducting closed-door negotiations with leaders of the cryptocurrency industry this week to change the rules for stablecoins, oversight of DeFi, and regulation of digital assets in the US. This initiative aims to develop more effective regulatory rules for digital assets, including vulnerabilities in decentralized finance operations and the challenges faced by cryptocurrency organizations within the US financial system. Throughout the week, there will be four separate roundtables lasting 75 minutes each, behind closed doors. Sources familiar with the plan revealed that the agenda will address issues related to stablecoins, DeFi platforms, access to the institutional banking sector, and the security of digital infrastructure.
The fall of Bitcoin triggered the liquidation of long positions worth $500 million, as Dogecoin and ADA dropped by 7%.
Key points: 📍Long positions worth over $500 million were liquidated in the Crypto Markets as Bitcoin fell from weekend highs. 📍A temporary tariff truce between the US and China may have eased concerns about risk in the Crypto Markets. 📍Analysts view the upcoming Fed meeting in June as a potential driver for future market movements.
$BTC
According to Coinglass, over the last 24 hours, long positions worth more than $530 million have been liquidated, of which nearly $200 million came from Bitcoin-tracked futures, and $170 million from Ethereum (ETH) products.
#CryptoCPIWatch Trade negotiations between the USA and China indicate a decrease in tensions and improve sentiment in the global market. Investors are monitoring the consumer price index data for April and Federal Reserve speeches for hints regarding interest rate cuts. Cryptocurrency markets are preparing for major token releases and further inflows into Bitcoin ETFs. Markets began the week on a stronger footing following signs of progress in trade negotiations between the USA and China, with investors now shifting their focus to key inflation data in the USA and central bank comments.
The American pharmaceutical company Wellgistics Health has announced a strategic implementation of the cryptocurrency XRP as a reserve asset for its treasury and a basis for instant payments in the healthcare sector. This will make it one of the first publicly traded companies in the medical sector to officially transition to blockchain solutions.
The project is funded through a $50 million secured line of credit, which will be used to launch the payment infrastructure and manage liquidity based on XRP.
"We challenge the notion that healthcare must remain tied to outdated systems, cumbersome intermediaries, and slow money transfers. The future winners in the medical field will not be those with the biggest offices, but those with the fastest financial rails, the cleanest data, and the most efficient platforms. We are betting on infrastructure, not inertia," said Wellgistics Health CEO Brian Norton.
#AltcoinSeasonLoading Main Points: 📍Bitcoin dominance is facing significant resistance, indicating a potential shift towards altcoins. 📍The increase in altcoin trading and activity shows the first signs of market rotation. 📍Analysts link the altcoin season to Bitcoin peaks and dominance shift patterns.
The changing dynamics of the cryptocurrency market have reignited discussions about the return of the altcoin season. Over the past week, investor sentiment has changed after a brief period of market pessimism.