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Exploring June's Market Volatility: How It Could Impact Bitcoin's Path to a $100K Milestone Amid Economic Factors
Bitcoin's recovery faces resistance at $106,265, with potential corrections toward $103,700 or $95,600 due to selling pressure. A breakout above $106,265 could trigger a rally toward $108,000.
Tron’s price may correct from recent gains, but the strong demand zone around $0.276 provides support. A breakout above $0.286 could signal further gains.
Share link:In this post: Bitcoin core developers have released a statement on transaction relay policy sparing debates in the Bitcoin community. The group said the update is not intended to impose their views on anyone, but hopes the community will accept it. Bitcoin core developer Luke Dashjr has criticized the statement, noting that it will help to propagate spam.
- 14:29American Bitcoin shares held by Trump’s second son may be worth up to $367 millionAccording to a report by Jinse Finance, Eric Trump, the second son of President Donald Trump, holds a significant stake in American Bitcoin, a company he co-founded with others in March of this year. According to securities filings submitted on Tuesday, in a planned merger, his stake will be exchanged for approximately 367 million new shares of Gryphon Digital Mining Inc., a Nasdaq-listed company. Gryphon's share price was about $1 on Thursday, so his holdings could be worth $367 million when they are listed in the coming weeks. The merged company will be named American Bitcoin.
- 14:22Bloomberg ETF Analyst: 75% of IBIT Buyers Are New Clients to BlackRockAccording to ChainCatcher, Bloomberg ETF senior analyst Eric Balchunas stated on the X platform that 75% of investors who purchased BlackRock's spot Bitcoin ETF "IBIT" are new clients to BlackRock. Furthermore, 27% of these investors subsequently purchased other iShares ETFs. This represents a significant success for BlackRock.
- 14:12Cryptography Startup TACEO Raises $5.5 Million in Seed Funding with Participation from a16z CSXAccording to ChainCatcher, TFN reports that Austrian crypto technology startup TACEO has completed a $5.5 million seed funding round, led by Archetype VC, with participation from a16z CSX, Cyber.Fund, a_capital, and Polymorphic Capital. The new funds will be used to enhance infrastructure performance and developer tool development, with a focus on expanding privacy-compliant applications in finance, AI, and stablecoin sectors. The company’s core technology, “Private Shared State,” enables collaborative computation on encrypted data among multiple parties, and has already successfully supported biometric authentication for 14 million users in Sam Altman’s World ID project. This technology integrates Multi-Party Computation (MPC) and coSNARKs zero-knowledge proofs, allowing for verification of computational accuracy without exposing raw data.