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Bitcoin’s price demonstrated resilience by hovering near the critical $106,000 resistance level after recovering from a recent dip below $101,000 earlier in the week. The cryptocurrency has been trading in a tight range between approximately $104,000 and $106,000, reflecting a cautious market sentiment as traders and investors evaluate whether Bitcoin can sustain a breakout above this key psychological and technical barrier.

Bitcoin experienced a notable rebound from around $102,000, gaining over 3% within two days, supported by dynamic moving average supports and horizontal demand zones near $101,000. Despite this upward momentum, the price has encountered resistance in the $105,800 to $106,900 range, an area that coincides with previous rejection points and upper Bollinger Bands, indicating potential short-term consolidation or volatility ahead.

Technical indicators present a mixed picture: momentum oscillators like the RSI are hovering near neutral levels, suggesting weakening bullish pressure, while the MACD shows signs of plateauing after a recent bullish crossover. Bitcoin remains above key exponential moving averages (20/50/100 EMA), which provide intraday support around $104,900 to $105,300. However, a drop below $104,800 could jeopardize the short-term bullish setup.

Market participants are closely watching a symmetrical triangle pattern forming just below resistance, which often precedes a decisive directional move. A daily close above $106,500 could trigger a breakout toward the $108,000–$109,000 zone, last tested in late May. Conversely, failure to breach resistance may lead to a correction toward $102,500.

The current price action is also influenced by broader macroeconomic factors, including easing inflation concerns in the U.S. and dovish signals from central banks, which have boosted risk appetite. Institutional interest appears strong, with volume spikes near $104,000 likely driven by ETF-related demand and on-chain accumulation.

Overall, Bitcoin’s price is at a critical juncture, balancing between potential bullish continuation and short-term correction. Traders are advised to monitor key support and resistance levels closely as the market awaits a breakout confirmation or signs of increased volatility in the coming days.

Bitcoin’s price as of June 8, 2025, stands at approximately $105,681, marking a 1.22% increase from the previous day and a 52.44% rise compared to the same period last year, underscoring its ongoing recovery and growth trajectory despite recent fluctuations.

Bitcoin’s price demonstrated resilience by hovering near the critical $106,000 resistance level after recovering from a recent dip below $101,000 earlier in the week. The cryptocurrency has been trading in a tight range between approximately $104,000 and $106,000, reflecting a cautious market sentiment as traders and investors evaluate whether Bitcoin can sustain a breakout above this key psychological and technical barrier.

Bitcoin experienced a notable rebound from around $102,000, gaining over 3% within two days, supported by dynamic moving average supports and horizontal demand zones near $101,000. Despite this upward momentum, the price has encountered resistance in the $105,800 to $106,900 range, an area that coincides with previous rejection points and upper Bollinger Bands, indicating potential short-term consolidation or volatility ahead.

Technical indicators present a mixed picture: momentum oscillators like the RSI are hovering near neutral levels, suggesting weakening bullish pressure, while the MACD shows signs of plateauing after a recent bullish crossover. Bitcoin remains above key exponential moving averages (20/50/100 EMA), which provide intraday support around $104,900 to $105,300. However, a drop below $104,800 could jeopardize the short-term bullish setup.

Market participants are closely watching a symmetrical triangle pattern forming just below resistance, which often precedes a decisive directional move. A daily close above $106,500 could trigger a breakout toward the $108,000–$109,000 zone, last tested in late May. Conversely, failure to breach resistance may lead to a correction toward $102,500.

The current price action is also influenced by broader macroeconomic factors, including easing inflation concerns in the U.S. and dovish signals from central banks, which have boosted risk appetite. Institutional interest appears strong, with volume spikes near $104,000 likely driven by ETF-related demand and on-chain accumulation.

Overall, Bitcoin’s price is at a critical juncture, balancing between potential bullish continuation and short-term correction. Traders are advised to monitor key support and resistance levels closely as the market awaits a breakout confirmation or signs of increased volatility in the coming days.

Bitcoin’s price as of June 8, 2025, stands at approximately $105,681, marking a 1.22% increase from the previous day and a 52.44% rise compared to the same period last year, underscoring its ongoing recovery and growth trajectory despite recent fluctuations.

Germany’s largest bank, Deutsche Bank AG, is actively evaluating the possibility of issuing its own stablecoin or participating in a broader industry-led digital currency initiative as part of its expanding digital assets strategy. This move reflects a significant step by a traditionalDeutsche Bank Explores Launching Its Own Stablecoin Amid Growing Digital Asset Momentum financial giant toward embracing blockchain-based financial innovations.

Sabih Behzad, Deutsche Bank’s head of digital assets and currencies transformation, highlighted that banks have multiple avenues to engage with stablecoins—from managing reserves to independently launching digital tokens or collaborating within consortia. The bank is also considering developing a tokenized deposit system aimed at enhancing payment efficiency by leveraging blockchain technology.

This strategic exploration comes amid a favorable regulatory environment, particularly with clearer frameworks emerging in the European Union under MiCA and anticipated stablecoin legislation in the United States. Such regulatory clarity is accelerating the mainstream adoption of stablecoins, which Deutsche Bank analysts note have surged in market capitalization from $20 billion in 2020 to $246 billion in 2024, with transaction volumes reaching $28 trillion. Stablecoins are increasingly recognized as strategic assets that anchor crypto liquidity and compete with traditional payment networks.

Deutsche Bank’s involvement in digital asset projects includes investments in blockchain-based cross-border payments firms and participation in central bank-backed initiatives focusing on wholesale tokenized payments. These efforts underscore the bank’s commitment to modernizing financial infrastructure and preparing for a future where digital tokens play a central role in payments and settlement systems.

The bank’s consideration of stablecoins and tokenized deposits aligns with a broader trend among major global banks, including leading U.S. institutions, which are exploring joint stablecoin ventures to remain competitive against cryptocurrency platforms. Deutsche Bank’s move signals growing institutional confidence in blockchain technology’s potential to transform traditional banking operations and payment ecosystems.

In summary, Deutsche Bank is positioning itself at the forefront of digital finance innovation by potentially issuing a stablecoin or joining collaborative token projects, alongside developing tokenized deposit solutions to streamline payments. This initiative marks a pivotal moment in the integration of blockchain technology within mainstream banking, driven by regulatory progress and technological advancements.

Germany’s largest bank, Deutsche Bank AG, is actively evaluating the possibility of issuing its own stablecoin or participating in a broader industry-led digital currency initiative as part of its expanding digital assets strategy. This move reflects a significant step by a traditionalDeutsche Bank Explores Launching Its Own Stablecoin Amid Growing Digital Asset Momentum financial giant toward embracing blockchain-based financial innovations.

Sabih Behzad, Deutsche Bank’s head of digital assets and currencies transformation, highlighted that banks have multiple avenues to engage with stablecoins—from managing reserves to independently launching digital tokens or collaborating within consortia. The bank is also considering developing a tokenized deposit system aimed at enhancing payment efficiency by leveraging blockchain technology.

This strategic exploration comes amid a favorable regulatory environment, particularly with clearer frameworks emerging in the European Union under MiCA and anticipated stablecoin legislation in the United States. Such regulatory clarity is accelerating the mainstream adoption of stablecoins, which Deutsche Bank analysts note have surged in market capitalization from $20 billion in 2020 to $246 billion in 2024, with transaction volumes reaching $28 trillion. Stablecoins are increasingly recognized as strategic assets that anchor crypto liquidity and compete with traditional payment networks.

Deutsche Bank’s involvement in digital asset projects includes investments in blockchain-based cross-border payments firms and participation in central bank-backed initiatives focusing on wholesale tokenized payments. These efforts underscore the bank’s commitment to modernizing financial infrastructure and preparing for a future where digital tokens play a central role in payments and settlement systems.

The bank’s consideration of stablecoins and tokenized deposits aligns with a broader trend among major global banks, including leading U.S. institutions, which are exploring joint stablecoin ventures to remain competitive against cryptocurrency platforms. Deutsche Bank’s move signals growing institutional confidence in blockchain technology’s potential to transform traditional banking operations and payment ecosystems.

In summary, Deutsche Bank is positioning itself at the forefront of digital finance innovation by potentially issuing a stablecoin or joining collaborative token projects, alongside developing tokenized deposit solutions to streamline payments. This initiative marks a pivotal moment in the integration of blockchain technology within mainstream banking, driven by regulatory progress and technological advancements.

In a significant development announced on June 6, 2025, X, the social media platform formerly known as Twitter and owned by Elon Musk, has officially partnered with Polymarket, the world’s largest prediction market platform, appointing it as X’s exclusive prediction market partner.

This collaboration aims to integrate Polymarket’s real-time prediction markets with X’s vast data and AI-driven insights, particularly leveraging Musk’s AI company xAI. The partnership will deliver enhanced, data-driven predictions and contextualized market analysis by combining Polymarket’s event-based betting probabilities with live annotations and sentiment analysis powered by X’s AI tools, including Grok.

Shayne Coplan, CEO of Polymarket, described the alliance as a union of two leading “truth-seeking” platforms that will empower users to better interpret breaking news and make informed decisions about future events. Linda Yaccarino, CEO of X, expressed enthusiasm about the partnership, highlighting the potential for creative product integrations that bring transparency and actionable insights to users.

The launch of this integrated product marks the first step in a broader collaboration between X and Polymarket, promising a suite of innovative features that blend social media data with prediction market dynamics. Despite Polymarket’s current unavailability to U.S. customers due to regulatory constraints, this partnership signals a major push by Musk’s ecosystem into the prediction market space, potentially reshaping how public sentiment and event outcomes are forecasted online.

This announcement follows a recent aborted partnership attempt between X and another prediction platform, Kalshi, which did not materialize amid public disagreements involving political figures connected to Kalshi. Musk has previously praised prediction markets like Polymarket as more accurate than traditional polls, citing real-money stakes as a key factor in their reliability.

As this partnership unfolds, it could represent a new era of “News 2.0,” where social media, AI, and prediction markets converge to provide users with unprecedented insight into future events.

In a significant development announced on June 6, 2025, X, the social media platform formerly known as Twitter and owned by Elon Musk, has officially partnered with Polymarket, the world’s largest prediction market platform, appointing it as X’s exclusive prediction market partner.

This collaboration aims to integrate Polymarket’s real-time prediction markets with X’s vast data and AI-driven insights, particularly leveraging Musk’s AI company xAI. The partnership will deliver enhanced, data-driven predictions and contextualized market analysis by combining Polymarket’s event-based betting probabilities with live annotations and sentiment analysis powered by X’s AI tools, including Grok.

Shayne Coplan, CEO of Polymarket, described the alliance as a union of two leading “truth-seeking” platforms that will empower users to better interpret breaking news and make informed decisions about future events. Linda Yaccarino, CEO of X, expressed enthusiasm about the partnership, highlighting the potential for creative product integrations that bring transparency and actionable insights to users.

The launch of this integrated product marks the first step in a broader collaboration between X and Polymarket, promising a suite of innovative features that blend social media data with prediction market dynamics. Despite Polymarket’s current unavailability to U.S. customers due to regulatory constraints, this partnership signals a major push by Musk’s ecosystem into the prediction market space, potentially reshaping how public sentiment and event outcomes are forecasted online.

This announcement follows a recent aborted partnership attempt between X and another prediction platform, Kalshi, which did not materialize amid public disagreements involving political figures connected to Kalshi. Musk has previously praised prediction markets like Polymarket as more accurate than traditional polls, citing real-money stakes as a key factor in their reliability.

As this partnership unfolds, it could represent a new era of “News 2.0,” where social media, AI, and prediction markets converge to provide users with unprecedented insight into future events.

Uber Technologies Inc. is actively investigating the use of stablecoins as a means to lower the costs associated with international money transfers, CEO Dara Khosrowshahi revealed at the Bloomberg Tech conference in San Francisco. The company is currently in the exploratory or “study phase” of integrating these digital assets into its global financial operations.

Stablecoins, cryptocurrencies pegged to stable assets like the U.S. dollar, offer a promising alternative to traditional banking systems by enabling faster, cheaper, and more efficient cross-border payments. Unlike conventional wire transfers that can take several days and incur fees around $30 per transaction due to multiple intermediaries, stablecoins can settle payments almost instantly with fees often less than a dollar.

Khosrowshahi highlighted stablecoins as one of the more practical applications of cryptocurrency beyond serving as a store of value, emphasizing their potential to significantly reduce Uber’s international transaction costs. This is particularly beneficial for a global company like Uber that moves money across many countries, some of which face challenges such as limited banking infrastructure or foreign exchange restrictions.

While Uber has not yet committed to a specific stablecoin or blockchain platform, the CEO expressed strong interest in further exploring this technology to optimize the company’s payment processes. This initiative aligns with a broader corporate trend where major multinational firms are considering digital currencies to streamline financial operations and cut expenses.

The move also comes amid ongoing regulatory discussions in the U.S. Congress regarding stablecoin oversight, with proposed legislation aiming to establish clearer rules for these dollar-backed digital currencies.

In summary, Uber’s consideration of stablecoins reflects a strategic effort to harness emerging financial technology to enhance efficiency and reduce costs in its global payment ecosystem.

Uber Technologies Inc. is actively investigating the use of stablecoins as a means to lower the costs associated with international money transfers, CEO Dara Khosrowshahi revealed at the Bloomberg Tech conference in San Francisco. The company is currently in the exploratory or “study phase” of integrating these digital assets into its global financial operations.

Stablecoins, cryptocurrencies pegged to stable assets like the U.S. dollar, offer a promising alternative to traditional banking systems by enabling faster, cheaper, and more efficient cross-border payments. Unlike conventional wire transfers that can take several days and incur fees around $30 per transaction due to multiple intermediaries, stablecoins can settle payments almost instantly with fees often less than a dollar.

Khosrowshahi highlighted stablecoins as one of the more practical applications of cryptocurrency beyond serving as a store of value, emphasizing their potential to significantly reduce Uber’s international transaction costs. This is particularly beneficial for a global company like Uber that moves money across many countries, some of which face challenges such as limited banking infrastructure or foreign exchange restrictions.

While Uber has not yet committed to a specific stablecoin or blockchain platform, the CEO expressed strong interest in further exploring this technology to optimize the company’s payment processes. This initiative aligns with a broader corporate trend where major multinational firms are considering digital currencies to streamline financial operations and cut expenses.

The move also comes amid ongoing regulatory discussions in the U.S. Congress regarding stablecoin oversight, with proposed legislation aiming to establish clearer rules for these dollar-backed digital currencies.

In summary, Uber’s consideration of stablecoins reflects a strategic effort to harness emerging financial technology to enhance efficiency and reduce costs in its global payment ecosystem.

Trump Media & Technology Group (TMTG), the media company affiliated with former U.S. President Donald Trump, is reportedly planning to raise up to $12 billion in a bold fundraising initiative. According to sources close to the matter, a portion of the capital could be allocated to purchasing Bitcoin (BTC) and investing in the broader cryptocurrency ecosystem.

A Strategic Move Amid Growing Crypto Momentum

This move signals a growing interest among politically aligned businesses in digital assets. With BTC prices surging and cryptocurrencies gaining traction in U.S. political discourse, TMTG appears to be viewing Bitcoin not only as an investment asset but also as a statement of ideological independence from traditional financial institutions.

Possible Investment Directions

In addition to directly acquiring BTC, the company is reportedly exploring other crypto-related initiatives, including:

Launching its own cryptocurrency or blockchain token;

Investing in blockchain startups aligned with “free speech” and “decentralization” values;

Enabling crypto payments and wallet integrations on Truth Social, TMTG’s social media platform.

Crypto, Politics, and Finance — A New Alliance?

Donald Trump, who once expressed skepticism about cryptocurrencies, has notably softened his stance in recent years. As the 2024 U.S. presidential election approaches, digital assets are increasingly becoming part of political campaign strategies, especially among candidates seeking to attract younger, tech-savvy voters.

If TMTG follows through with large-scale BTC purchases, it could become one of the most significant corporate investments in cryptocurrency to date, potentially rivaling the moves made by companies like MicroStrategy and Tesla.

Final Thoughts

Trump Media’s plans to raise $12 billion underscore its ambition not only in media and politics but also in the digital asset space. If even a fraction of that capital goes toward Bitcoin, it could have a noticeable impact on market sentiment and BTC’s price action. More importantly, it could redefine the political conversation around crypto in the U.S., cementing digital assets as a key topic in both economic and electoral debates.

Trump Media & Technology Group (TMTG), the media company affiliated with former U.S. President Donald Trump, is reportedly planning to raise up to $12 billion in a bold fundraising initiative. According to sources close to the matter, a portion of the capital could be allocated to purchasing Bitcoin (BTC) and investing in the broader cryptocurrency ecosystem.

A Strategic Move Amid Growing Crypto Momentum

This move signals a growing interest among politically aligned businesses in digital assets. With BTC prices surging and cryptocurrencies gaining traction in U.S. political discourse, TMTG appears to be viewing Bitcoin not only as an investment asset but also as a statement of ideological independence from traditional financial institutions.

Possible Investment Directions

In addition to directly acquiring BTC, the company is reportedly exploring other crypto-related initiatives, including:

Launching its own cryptocurrency or blockchain token;

Investing in blockchain startups aligned with “free speech” and “decentralization” values;

Enabling crypto payments and wallet integrations on Truth Social, TMTG’s social media platform.

Crypto, Politics, and Finance — A New Alliance?

Donald Trump, who once expressed skepticism about cryptocurrencies, has notably softened his stance in recent years. As the 2024 U.S. presidential election approaches, digital assets are increasingly becoming part of political campaign strategies, especially among candidates seeking to attract younger, tech-savvy voters.

If TMTG follows through with large-scale BTC purchases, it could become one of the most significant corporate investments in cryptocurrency to date, potentially rivaling the moves made by companies like MicroStrategy and Tesla.

Final Thoughts

Trump Media’s plans to raise $12 billion underscore its ambition not only in media and politics but also in the digital asset space. If even a fraction of that capital goes toward Bitcoin, it could have a noticeable impact on market sentiment and BTC’s price action. More importantly, it could redefine the political conversation around crypto in the U.S., cementing digital assets as a key topic in both economic and electoral debates.

Trump Media & Technology Group (TMTG), the parent company behind former President Donald Trump’s social media platform Truth Social, has announced plans to raise up to $12 billion through a new securities offering. This ambitious fundraising effort includes issuing common and preferred stock, debt securities, warrants, rights, and units, signaling a major strategic pivot toward financial services and cryptocurrency investments.

Part of the capital raised is expected to be allocated to expanding the company’s Bitcoin holdings, building on its previous announcement of a $2.5 billion Bitcoin treasury investment made in late May 2025. This move positions Trump Media as one of the largest corporate adopters of Bitcoin, reflecting a broader trend among companies viewing Bitcoin as a hedge against inflation and a key financial asset.

In addition to Bitcoin acquisition, TMTG plans to invest in related financial products such as Bitcoin ETFs and develop fintech initiatives under the brand Truth.Fi, which aims to offer America First-aligned investment vehicles and financial services. This expansion aligns with the company’s goal to evolve beyond a social media platform into a diversified financial and crypto powerhouse.

Trump Media CEO Devin Nunes emphasized Bitcoin’s role as a “pinnacle tool for financial freedom,” highlighting the cryptocurrency’s importance in protecting the company against financial institution discrimination. The company’s aggressive crypto strategy could influence other firms and accelerate mainstream adoption of digital assets globally.

This fundraising effort and strategic shift come amid increasing scrutiny from regulators and lawmakers, reflecting the growing intersection of politics, finance, and cryptocurrency in the U.S. market. Trump Media’s move to integrate Bitcoin into its balance sheet alongside existing cash reserves and investments marks a significant evolution in the corporate use of cryptocurrency.

In summary, Trump Media’s plan to raise $12 billion, with a substantial portion earmarked for Bitcoin purchases and crypto-related financial services, underscores its ambition to become a leading player in the digital asset space while supporting its broader America First economic agenda.

Trump Media & Technology Group (TMTG), the parent company behind former President Donald Trump’s social media platform Truth Social, has announced plans to raise up to $12 billion through a new securities offering. This ambitious fundraising effort includes issuing common and preferred stock, debt securities, warrants, rights, and units, signaling a major strategic pivot toward financial services and cryptocurrency investments.

Part of the capital raised is expected to be allocated to expanding the company’s Bitcoin holdings, building on its previous announcement of a $2.5 billion Bitcoin treasury investment made in late May 2025. This move positions Trump Media as one of the largest corporate adopters of Bitcoin, reflecting a broader trend among companies viewing Bitcoin as a hedge against inflation and a key financial asset.

In addition to Bitcoin acquisition, TMTG plans to invest in related financial products such as Bitcoin ETFs and develop fintech initiatives under the brand Truth.Fi, which aims to offer America First-aligned investment vehicles and financial services. This expansion aligns with the company’s goal to evolve beyond a social media platform into a diversified financial and crypto powerhouse.

Trump Media CEO Devin Nunes emphasized Bitcoin’s role as a “pinnacle tool for financial freedom,” highlighting the cryptocurrency’s importance in protecting the company against financial institution discrimination. The company’s aggressive crypto strategy could influence other firms and accelerate mainstream adoption of digital assets globally.

This fundraising effort and strategic shift come amid increasing scrutiny from regulators and lawmakers, reflecting the growing intersection of politics, finance, and cryptocurrency in the U.S. market. Trump Media’s move to integrate Bitcoin into its balance sheet alongside existing cash reserves and investments marks a significant evolution in the corporate use of cryptocurrency.

In summary, Trump Media’s plan to raise $12 billion, with a substantial portion earmarked for Bitcoin purchases and crypto-related financial services, underscores its ambition to become a leading player in the digital asset space while supporting its broader America First economic agenda.

What started as a political disagreement over a tax and spending bill has rapidly spiraled into a high-stakes feud between President Donald Trump and Elon Musk—sending shockwaves through the crypto market.

Bitcoin dropped over 4%, trading near $100,500 late Thursday, inching closer to dipping back into five-digit territory for the first time in a month.

Crypto stocks slumped, with Coinbase (COIN) down 4.6%, MicroStrategy (MSTR) off 2.4%, and miners like MARA, RIOT, and CORZ each dropping about 5%.

The downturn coincided with a dramatic public clash between Trump and Musk. The disagreement began over the potential impact of Trump’s so-called “Big, Beautiful Bill” on the U.S. national debt but quickly escalated into personal attacks.

Trump accused Musk of having “gone crazy” and threatened to revoke government contracts tied to his companies, including SpaceX and Tesla. In response, Musk alleged Trump’s involvement in the Jeffrey Epstein files, pledged to retire SpaceX’s Dragon spacecraft, and endorsed a post calling for Trump’s impeachment and replacement by VP J.D. Vance. Tesla stock plummeted more than 14% by the end of the day.

Circle IPO Triggers Mixed Reactions

Thursday also marked the high-profile IPO of stablecoin issuer Circle (CRCL), which added to volatility. The stock surged from its $31 opening price to over $100 intraday before closing at $83. While a milestone for crypto, some investors recalled how Coinbase’s 2021 IPO coincided with a market top, adding a layer of caution.

With geopolitical drama, regulatory headwinds, and IPO excitement all colliding, the crypto market faces a volatile path ahead—especially as Bitcoin flirts with the $100K level amid uncertain sentiment.

Circle Internet Group, the issuer of the USDC stablecoin, experienced a spectacular debut on the New York Stock Exchange (NYSE) on Thursday, with its shares soaring more than 200% from the initial public offering (IPO) price of $31 to reach an intraday peak above $94. This remarkable surge marked one of the most impressive openings in recent IPO history, pushing Circle’s market valuation beyond $20 billion at its peak.

The IPO raised approximately $1.05 billion by selling 34 million shares, valuing the company initially at around $6.8 billion, with a fully diluted valuation near $8.1 billion when including options and other securities. The stock opened trading near $69 and quickly climbed amid strong investor enthusiasm for digital assets and stablecoins, reflecting growing confidence in the cryptocurrency sector’s future.

Circle’s USDC stablecoin is the second-largest stablecoin globally, holding about 27% of the market share with a market cap near $61.5 billion. The company’s revenue primarily comes from reserve income generated by cash and Treasury bills backing USDC. Circle’s successful IPO is seen as a milestone for the stablecoin industry, signaling increasing mainstream adoption and optimism fueled by favorable regulatory developments under the current administration.

This IPO also revitalizes the cryptocurrency IPO market, encouraging other crypto firms to consider public listings. Circle had previously attempted to go public via a SPAC merger in 2021, which fell through in 2022, making this successful public market debut a significant achievement for the company and the broader crypto ecosystem. CEO Jeremy Allaire emphasized the importance of regulatory collaboration to integrate cryptocurrencies into mainstream finance, highlighting Circle’s position as one of the most regulated and transparent organizations in the industry.

Overall, Circle’s explosive stock performance and strong IPO reception underscore the growing investor appetite for stablecoin-related businesses and the expanding role of digital assets in the global financial system.

Bitcoin remains steady above $105,000 despite market uncertainty, while Dogecoin and Cardano lead altcoin losses.

Tron emerges as the sole gainer among major tokens, rising 1.9%.

Analysts remain cautiously optimistic about Bitcoin’s long-term trajectory, citing strong institutional interest.

The crypto market remained under pressure Thursday, as profit-taking and regulatory caution dragged down several altcoins. Dogecoin (DOGE) and Cardano’s ADA posted the steepest losses among top tokens, while Bitcoin held relatively firm, changing little in the past 24 hours.

Other major cryptocurrencies, including XRP, Solana (SOL), and Binance Coin (BNB), fell around 1.5%. Tron’s TRX was the only standout performer, gaining nearly 2% as broader sentiment wavered.

“Macroeconomic and policy uncertainties are clearly weighing on risk assets, and Bitcoin is no exception,” said Anna Liu, CEO of HashKey Tokenization. “Despite this, we view BTC as a strong strategic asset for long-term investors. Institutional interest remains evident, particularly through inflows into Bitcoin and Ethereum ETFs.”

Investor sentiment is still leaning bullish, with the Crypto Fear & Greed Index at 62, though slightly down from previous days.

Analysts are eyeing Bitcoin’s recent bounce from around $103,000 on May 31 as a possible launchpad for another rally. “If momentum continues, we could see a move toward new highs above $130,000,” said Alex Kuptsikevich, chief market analyst at FxPro.

Ether (ETH), meanwhile, is testing resistance at its 200-day moving average. A breakout above $2,700 could signal a renewed bullish phase.

Still, not everyone is betting on immediate gains. On-chain data platform CryptoQuant noted that Bitcoin could see a short-term correction to around $96,700—the average entry price for short-term holders—before resuming its upward trajectory.

Amazon is preparing to launch trials of humanoid robots designed to assist with package delivery, marking a significant advancement in its automation strategy. The company is developing specialized artificial intelligence software to enable these robots to navigate complex delivery environments, with physical robot units sourced from third-party manufacturers, including a notable model from China-based Unitree Robotics.

To facilitate testing, Amazon has constructed an indoor obstacle course dubbed the “humanoid park” at one of its San Francisco offices. This facility simulates real-world delivery scenarios, including a Rivian electric delivery van stationed on-site to trial the robots’ ability to exit the vehicle and deliver packages directly to customers’ doorsteps. The park is roughly the size of a small café and is intended to rigorously evaluate the robots’ mobility and interaction with delivery vehicles.

Currently, Amazon operates over 20,000 Rivian electric vans for deliveries, with plans to expand this fleet to 100,000 by 2030. The integration of humanoid robots aims to complement this electric vehicle fleet by automating the last leg of deliveries, a task traditionally performed by human workers. This initiative aligns with Amazon’s broader push to incorporate AI and robotics across its logistics and supply chain operations, enhancing efficiency and reducing reliance on human labor.

Amazon has prior experience with autonomous and warehouse robots, but this new project represents a leap toward deploying humanoid robots outside controlled environments. The company is also developing foundational AI models to improve the robots’ perception, planning, and natural language understanding, enabling them to handle the unpredictable nature of doorstep deliveries.

While Amazon has not officially commented on the project, insiders highlight that the testing phase is imminent, with multiple robot models to be evaluated this summer. The ultimate goal is to create a versatile robotic workforce capable of operating alongside or in place of human delivery personnel, potentially transforming the future of e-commerce logistics.

This move comes amid growing concerns about automation’s impact on jobs and the environmental costs of AI technology, but Amazon remains committed to leveraging advanced robotics to accelerate delivery times and optimize its operations.

In summary, Amazon is on the cusp of pioneering humanoid robot delivery trials, combining AI-driven robotics with its expanding electric vehicle fleet to redefine package delivery from warehouse to doorstep.

Amazon is preparing to launch trials of humanoid robots designed to assist with package delivery, marking a significant advancement in its automation strategy. The company is developing specialized artificial intelligence software to enable these robots to navigate complex delivery environments, with physical robot units sourced from third-party manufacturers, including a notable model from China-based Unitree Robotics.

To facilitate testing, Amazon has constructed an indoor obstacle course dubbed the “humanoid park” at one of its San Francisco offices. This facility simulates real-world delivery scenarios, including a Rivian electric delivery van stationed on-site to trial the robots’ ability to exit the vehicle and deliver packages directly to customers’ doorsteps. The park is roughly the size of a small café and is intended to rigorously evaluate the robots’ mobility and interaction with delivery vehicles.

Currently, Amazon operates over 20,000 Rivian electric vans for deliveries, with plans to expand this fleet to 100,000 by 2030. The integration of humanoid robots aims to complement this electric vehicle fleet by automating the last leg of deliveries, a task traditionally performed by human workers. This initiative aligns with Amazon’s broader push to incorporate AI and robotics across its logistics and supply chain operations, enhancing efficiency and reducing reliance on human labor.

Amazon has prior experience with autonomous and warehouse robots, but this new project represents a leap toward deploying humanoid robots outside controlled environments. The company is also developing foundational AI models to improve the robots’ perception, planning, and natural language understanding, enabling them to handle the unpredictable nature of doorstep deliveries.

While Amazon has not officially commented on the project, insiders highlight that the testing phase is imminent, with multiple robot models to be evaluated this summer. The ultimate goal is to create a versatile robotic workforce capable of operating alongside or in place of human delivery personnel, potentially transforming the future of e-commerce logistics.

This move comes amid growing concerns about automation’s impact on jobs and the environmental costs of AI technology, but Amazon remains committed to leveraging advanced robotics to accelerate delivery times and optimize its operations.

In summary, Amazon is on the cusp of pioneering humanoid robot delivery trials, combining AI-driven robotics with its expanding electric vehicle fleet to redefine package delivery from warehouse to doorstep.

Bitcoin remains steady above $105,000 despite market uncertainty, while Dogecoin and Cardano lead altcoin losses.

Tron emerges as the sole gainer among major tokens, rising 1.9%.

Analysts remain cautiously optimistic about Bitcoin’s long-term trajectory, citing strong institutional interest.

The crypto market remained under pressure Thursday, as profit-taking and regulatory caution dragged down several altcoins. Dogecoin (DOGE) and Cardano’s ADA posted the steepest losses among top tokens, while Bitcoin held relatively firm, changing little in the past 24 hours.

Other major cryptocurrencies, including XRP, Solana (SOL), and Binance Coin (BNB), fell around 1.5%. Tron’s TRX was the only standout performer, gaining nearly 2% as broader sentiment wavered.

“Macroeconomic and policy uncertainties are clearly weighing on risk assets, and Bitcoin is no exception,” said Anna Liu, CEO of HashKey Tokenization. “Despite this, we view BTC as a strong strategic asset for long-term investors. Institutional interest remains evident, particularly through inflows into Bitcoin and Ethereum ETFs.”

Investor sentiment is still leaning bullish, with the Crypto Fear & Greed Index at 62, though slightly down from previous days.

Analysts are eyeing Bitcoin’s recent bounce from around $103,000 on May 31 as a possible launchpad for another rally. “If momentum continues, we could see a move toward new highs above $130,000,” said Alex Kuptsikevich, chief market analyst at FxPro.

Ether (ETH), meanwhile, is testing resistance at its 200-day moving average. A breakout above $2,700 could signal a renewed bullish phase.

Still, not everyone is betting on immediate gains. On-chain data platform CryptoQuant noted that Bitcoin could see a short-term correction to around $96,700—the average entry price for short-term holders—before resuming its upward trajectory.

Circle Internet Group, the issuer of the USDC stablecoin, experienced a spectacular debut on the New York Stock Exchange (NYSE) on Thursday, with its shares soaring more than 200% from the initial public offering (IPO) price of $31 to reach an intraday peak above $94. This remarkable surge marked one of the most impressive openings in recent IPO history, pushing Circle’s market valuation beyond $20 billion at its peak.

The IPO raised approximately $1.05 billion by selling 34 million shares, valuing the company initially at around $6.8 billion, with a fully diluted valuation near $8.1 billion when including options and other securities. The stock opened trading near $69 and quickly climbed amid strong investor enthusiasm for digital assets and stablecoins, reflecting growing confidence in the cryptocurrency sector’s future.

Circle’s USDC stablecoin is the second-largest stablecoin globally, holding about 27% of the market share with a market cap near $61.5 billion. The company’s revenue primarily comes from reserve income generated by cash and Treasury bills backing USDC. Circle’s successful IPO is seen as a milestone for the stablecoin industry, signaling increasing mainstream adoption and optimism fueled by favorable regulatory developments under the current administration.

This IPO also revitalizes the cryptocurrency IPO market, encouraging other crypto firms to consider public listings. Circle had previously attempted to go public via a SPAC merger in 2021, which fell through in 2022, making this successful public market debut a significant achievement for the company and the broader crypto ecosystem. CEO Jeremy Allaire emphasized the importance of regulatory collaboration to integrate cryptocurrencies into mainstream finance, highlighting Circle’s position as one of the most regulated and transparent organizations in the industry.

Overall, Circle’s explosive stock performance and strong IPO reception underscore the growing investor appetite for stablecoin-related businesses and the expanding role of digital assets in the global financial system.

What started as a political disagreement over a tax and spending bill has rapidly spiraled into a high-stakes feud between President Donald Trump and Elon Musk—sending shockwaves through the crypto market.

Bitcoin dropped over 4%, trading near $100,500 late Thursday, inching closer to dipping back into five-digit territory for the first time in a month.

Crypto stocks slumped, with Coinbase (COIN) down 4.6%, MicroStrategy (MSTR) off 2.4%, and miners like MARA, RIOT, and CORZ each dropping about 5%.

The downturn coincided with a dramatic public clash between Trump and Musk. The disagreement began over the potential impact of Trump’s so-called “Big, Beautiful Bill” on the U.S. national debt but quickly escalated into personal attacks.

Trump accused Musk of having “gone crazy” and threatened to revoke government contracts tied to his companies, including SpaceX and Tesla. In response, Musk alleged Trump’s involvement in the Jeffrey Epstein files, pledged to retire SpaceX’s Dragon spacecraft, and endorsed a post calling for Trump’s impeachment and replacement by VP J.D. Vance. Tesla stock plummeted more than 14% by the end of the day.

Circle IPO Triggers Mixed Reactions

Thursday also marked the high-profile IPO of stablecoin issuer Circle (CRCL), which added to volatility. The stock surged from its $31 opening price to over $100 intraday before closing at $83. While a milestone for crypto, some investors recalled how Coinbase’s 2021 IPO coincided with a market top, adding a layer of caution.

With geopolitical drama, regulatory headwinds, and IPO excitement all colliding, the crypto market faces a volatile path ahead—especially as Bitcoin flirts with the $100K level amid uncertain sentiment.