Bitcoin (BTC) — Onchain News & Whale Tracking

Capital B, a Bitcoin Treasury company, plans to launch a STRC-like digital credit tool to expand into the European market

June 16 — French Bitcoin treasury firm Capital B is developing a digital credit product for the European market, with a structural framework drawing from Strategy’s STRC and Strive offerings. During the BTC Prague conference, company director Alexandre Laizet revealed the Bitcoin balance sheet-based tool is tailored to Europe’s high-tax, strict regulatory landscape, designed to bring new income-generating structured products to the region. Laizet explained the offering aims to pair Bitcoin treasury assets to deliver double-digit returns while keeping volatility contained in a narrow range, boosting capital efficiency via debt and revenue mechanism design. He highlighted Bitcoin’s long-term upward price trajectory as the underlying asset, which lets the treasury sustain consistent long-term profit distributions, citing Strategy’s recent dividend payout—funded by selling a small portion of BTC before adding more holdings—as an example of this fund recycling model. While Laizet noted i

Michael Saylor has proposed the "Digital Asset Five-Layer Network" and stated that Bitcoin will evolve into the foundation of the global financial system.

June 16 — MicroStrategy founder Michael Saylor unveiled the "Modern Digital Asset Stack" concept this morning, framing Bitcoin not just as digital capital but as the foundational layer for next-generation financial products: digital credit, digital money, digital yields, and digital equity. His vision positions Bitcoin to evolve from a standalone asset to the backbone of a global financial architecture. Saylor emphasized Bitcoin does not require protocol tweaks, staking, or new token issuances to fulfill this role. The asset’s volatility, he explained, can be leveraged to create yield-generating products via tailored capital structures. For instance, STRC-like digital credit instruments will deliver returns, while digital money can be built into stable-value tools offering ~6–8% yields by pairing Bitcoin-backed credit assets with cash equivalents. Looking ahead, Saylor argued that stablecoins, payment networks, wallets, crypto exchanges, and DeFi protocols can all operate atop Bitcoi

Yesterday, Bitcoin ETF saw a net outflow of $64.8 million, while Ethereum ETF experienced a net inflow of $22.5 million.

June 16 – According to data from Farside Investors, Bitcoin ETFs posted a combined net outflow of $64.8 million in yesterday’s trading session. Breakdown shows IBIT saw a net inflow of $66.4 million, while GBTC recorded a net outflow of $124 million. For Ethereum ETFs, the total net inflow reached $22.5 million, with ETHA drawing a net inflow of $17.6 million.

Bitcoin Falls Below $66,000, 24-hour Gain Narrows to 0.2%

June 16: Per HTX market data, Bitcoin dropped below $66,000, with its 24-hour percentage change narrowing to 0.2%.

Whale Sets Out "Ten Major Goals" to Short Bitcoin, Places Limit Sell Order at $66,550

June 16 – Per on-chain analyst Ai Whale (@ai_9684xtpa), the derivatives whale codenamed “First Set 10 Big Targets” placed a short order for 160.372 BTC at a planned entry price of $66,550, with a total position value of roughly $10.67 million. The community suspects a separate sell order of 605.73 BTC at the same price level also belongs to this whale. If confirmed, the total position size would hit $40.31 million, and the order is almost fully filled.

Standard Chartered Predicts UNI Will Outperform Ethereum and Bitcoin, Reaching $100 by 2030

On June 16, Standard Chartered Bank released its first research note on Uniswap, projecting that the protocol’s UNI token could surge 40x from its current approximately $2.70 price to reach $100 by the end of 2030. The financial firm expects the active value of tokenized assets in decentralized finance (DeFi) to skyrocket 37x from its current $340 billion to $27 trillion by 2030. As a leading decentralized trading protocol, Uniswap stands to directly benefit from this growth, with its asset liquidity pools expanding in scale alongside the overall DeFi market. Geoffrey Kendrick, Standard Chartered’s Head of Digital Asset Research, noted that DeFi protocols represent the next wave of intergenerational wealth opportunities in digital assets, and he forecasts UNI will outperform both Ethereum (ETH) and Bitcoin (BTC) over the same period. Kendrick drew a relatable analogy: he compared Uniswap to YouTube—an open platform where users provide liquidity—and Coinbase to Netflix, a centralized s

Bitcoin Mining Firm MARA Increases Holdings by 1,000 BTC, with a Total Value of Approximately $66.7 Million

June 16: Per monitoring from OnchainLens, Bitcoin mining company MARA Holdings has purchased 1,000 BTC from FalconX, with a total transaction value of approximately $66.7 million.

BlackRock Bitcoin Enhanced Income ETF BITA set to debut today

June 16 – Bloomberg ETF analyst Eric Balchunas revealed Nasdaq has confirmed the listing of BlackRock’s iShares Bitcoin Premium ETF, which will trade under the ticker symbol BITA, for trading today. BITA is the highly anticipated follow-up to BlackRock’s existing spot Bitcoin ETF, IBIT. The fund uses a covered call options strategy: it holds Bitcoin while earning income by selling covered call options, with these proceeds distributed to investors to convert Bitcoin’s price volatility into investment returns. The ETF targets an annualized yield of 15-25% and allows investors to capture at least 70% of Bitcoin’s upside potential.

Bitcoin Surges Above $67,000

On June 15th, HTX market data shows Bitcoin bounced back, pushing past the $67,000 mark and notching a 4.97% gain over the past 24 hours.

Trezor Executive: Bitcoin 'All-In on ETF' Pathway Is the Worst, Threatens Core Principle of Self-Custody

June 15 – A senior executive from hardware wallet manufacturer Trezor is cautioning that the crypto industry’s push to bring Bitcoin into exchange-traded funds (ETFs) could undermine the sector’s core principles over the long term. During the BTC Prague event, the company’s Chief Business Officer Danny Sanders noted that while the global crypto user base stands at roughly 600 million, only about 10% of those users hold their assets via self-custody, with hardware wallet users totaling just 12 to 13 million. Sanders highlighted the U.S. physically-backed Bitcoin ETF, which has attracted over $53 billion in cumulative inflows since its 2024 launch, as a sign of growing institutional allocation to Bitcoin. But he warned this trend might weaken users’ tendency to hold their own private keys directly. Self-custody is a foundational feature of Bitcoin’s design, Sanders emphasized, though he acknowledged user experience and security gaps remain major barriers. Most people still prefe

Bitcoin is approaching the $67,000 mark, with liquidity and short liquidation driving short-term volatility

June 15th. The U.S. and Iran have struck a ceasefire deal, sparking a broad rally across risk assets. Bitcoin kept climbing, briefly touching the $67,000 level, but the market is deeply split on where it’s headed next. Market data shows Bitcoin extended its rally during Monday’s U.S. stock market open, notching roughly 1.5% on the day. Gains were fueled by the U.S.-Iran ceasefire progress and falling oil prices, which sent the S&P 500 and Nasdaq up 2% to 2.4% in lockstep. Traders note the current market is being pushed more by "liquidity" than trend-following buying. A number of analysts think BTC could face short-term selling pressure around the $67,000 level—a zone seen as a key area of concentrated liquidity. Order book data, meanwhile, signals market depth remains thin, leaving prices vulnerable to sharp jumps or drops within a narrow range. Derivatives liquidation data also points to a wave of concentrated short liquidations during the U.S. stock market open, amplifying p

Opinion: If Bitcoin continues to weaken, the cryptocurrency treasury industry will face a wave of mergers and reorganizations

June 15 — Ben Werkman, Chief Investment Officer at Strive, stated that if Bitcoin remains in a prolonged downtrend, crypto treasury firms relying on convertible bond financing for expansion will face significant pressure, potentially triggering industry consolidation and asset restructuring. Werkman pointed out that many companies heavily leveraged structures such as convertible bonds during the last “Digital Asset Treasury (DAT) craze.” A continued market slump may trigger debt covenants and cash flow strains, forcing some firms to sell Bitcoin to maintain operations or meet debt obligations. “A rising Bitcoin price solves many problems, but if it stays low for an extended period, risks increase, and companies may be forced to sell assets or pursue M&A consolidation,” Werkman said. Strive’s CIO expects more M&A transactions and asset restructuring cases within the industry to fix capital structures, noting his firm’s previous acquisition of Semler Scientific as a blueprint for futu

Coinbase CEO: Bitcoin May Have Bottomed Around $60,000

June 15 — Coinbase CEO Brian Armstrong said he “intuitively feels” Bitcoin (BTC) has likely wrapped up a consolidation phase around the $60,000 threshold, though he emphasized the market still faces notable uncertainty. In a video posted to social media, Armstrong added that Bitcoin appears to have formed a local bottom near $60,000, noting its four-year halving cycles have historically aligned with market bottom ranges. “I remain long-term bullish on Bitcoin and believe its future price will be drastically higher,” he stated. He referred to Bitcoin as “digital gold” and projected its price could climb meaningfully by 2030. During this recent market stretch, Bitcoin briefly dipped to approximately $59,700 on June 5 before surging above $66,000, driven by macroeconomic positives such as a preliminary U.S.-Iran peace agreement and the reopening of the Strait of Hormuz. The move marked a nearly 3% increase in a 24-hour period. Armstrong’s perspective aligns with analysis from some on-c

Strategy Bitcoin Holding Loss Narrows to $7.979 billion, Bitmine Loss at $9.327 billion

June 15 – Per EmberCN’s monitoring, here are last week’s largest treasury purchases of Bitcoin and Ethereum: - Bitcoin treasury firm Strategy (NASDAQ: MSTR) bought roughly 1,587 BTC worth $100 million last week at an average price of $63,024 per BTC. The company now holds a total of 846,842 BTC, valued at $56.09 billion, with an average cost of $75,656 per BTC. It is currently facing an unrealized loss of $7.979 billion, a 12.4% drop from its average cost basis. - Ethereum treasury firm BitMNR (ticker: BMNR) purchased about 76,881 ETH for $12.9 million last week at an average of $1,681 per ETH. Its current holdings stand at 5,620,754 ETH, worth $9.909 billion, with an average cost of $3,422 per ETH. The unrealized loss here totals $9.327 billion, a 48.5% decline. Separately, Bitmine is approximately 400,000 ETH short of its target of holding 5% of all Ethereum in circulation. At its current purchasing pace, the firm is on track to hit that goal next month.

Strive increased its Bitcoin holdings last week by acquiring 73 BTC at an average price of $63,646 each.

June 15 — Strive upped its bitcoin holdings by 73 units last week at an average price of $63,646, pushing its total bitcoin position to 19,105.

Polymarket Indicates Bitcoin's June Trend is Neutral, Limited Upside Potential, Significant Downside Hedge

June 15. Data from the Polymarket platform shows that for the contract “What price will Bitcoin hit in June,” the market’s short-term outlook for BTC has clear divergences, but overall leans toward sideways trading rather than a directional breakout. Bitcoin is currently trading at around $66,000, with related contract volumes exceeding $15.9 million. Market pricing gives a ~72% probability of BTC touching $67,500 by June—this is the “base scenario,” signaling the price is likely to stay fluctuating within its current range. On the upside, the market puts a ~35% chance of BTC reaching $70,000, but odds drop off sharply for a move above $75,000, positioning $70,000 as a critical resistance zone. For the downside, there’s a significant concentration of funds in the $55,000 to $57,500 range, with a ~9% probability of BTC touching $55,000. Analysts note this area has seen high trading volume and acts as a cluster of hedge positions, meaning some traders are buying protection against pot

Strategy increased its holdings by 1,587 bitcoins last week.

June 15 – Digital asset firm Strategy reported last week it acquired 1,587 bitcoins at an average price of $63,024 each, for a total transaction value of $100 million.

Analysis: Bitcoin Holds Above $65,000, But Market Remains Cautious About Sustained Rally

June 15: After Trump announced a deal with Iran and the lifting of the Strait of Hormuz blockade, Bitcoin surged to a high of $65,900—representing a 4% gain over the past week. However, analysts point out that U.S. Bitcoin spot ETFs have posted outflows totaling more than $4.8 billion since May, indicating persistent weakness in institutional demand. Options market data reveals investors are still willing to pay elevated premiums for downside protection, with market traders predicting Bitcoin’s next major price move will lean toward a drop to $55,000. Analysts suggest that if the Iran agreement is formally signed without issues this Friday and the Federal Reserve’s meeting doesn’t signal a hawkish policy stance, Bitcoin is projected to trade in the $66,000 to $70,000 range by the end of the second quarter, and retest the $100,000 level by year’s end.

Bitcoin Surges Above $66,000

June 15: Data from HTX shows Bitcoin rebounded to break above $66,000, with a 2.28% gain in the 24-hour period.

Bitcoin Rebounds to $65,000, Market Betting Fed Won't Turn More Hawkish?

June 15 — Bitcoin has bounced back above the $65,000 threshold and is currently trading at $65,568. With the Federal Reserve’s interest rate meeting kicking off this week, improving market risk appetite has driven a synchronized rally in high-risk assets like Bitcoin and U.S. tech stocks. Analysts attribute this recent gain to two key factors: first, fresh capital flowing back into risk assets, and second, expectations of falling oil prices amid easing tensions in the Middle East. The market anticipates that reduced energy price pressures will ease inflation concerns, lowering the chance the Fed will signal a more hawkish policy stance. Right now, the market widely forecasts the Fed will keep interest rates unchanged, but investors are zeroing in on new Fed Chair Kevin Warsh’s first meeting and his comments on the future policy trajectory. If the Fed sends a dovish signal, market risk appetite could rise even further; conversely, if it doubles down on concerns about sticky inflation

Bitcoin Breaks $66,000

On June 15, Bitcoin broke through the $66,000 mark, per HTX market data, with a 2.4% price increase over the past 24 hours.

Most crypto funds believe that Bitcoin has not yet bottomed out, and the market bottom may form in late Q3 to early Q4.

June 15: A majority of institutional investors hold that Bitcoin still has further downside potential, with overall market sentiment remaining cautious. Macroeconomic uncertainty, tighter liquidity, ETF outflows, and capital shifting to AI and other sectors continue to weigh on BTC’s price. David Grider, Partner at Finality Capital, noted his firm expects Bitcoin’s current market bottom could arrive in late Q3 or early Q4 of 2026, with BTC bottoming in the $45,000–$55,000 range. Even investors who believe the market is nearing a bottom don’t anticipate a strong short-term rebound. Research shows many funds are increasing cash positions, cutting directional risk exposure, and adopting more market-neutral, hedging, and derivative strategies to navigate volatility. Meanwhile, institutional funds are focusing on fundamentally strong areas like DeFi, AI, and tokenized assets, rather than allocating solely to Bitcoin. Institutions generally cite high interest rates, liquidity contra

Cardano Founder Responds to Controversy Over $70 Million Bitcoin Transaction: Audit Fee Paid in 2016

June 15 — The crypto project Cardano is mired in controversy following a discovery by Thomas Braziel, an investor focused on bankruptcy claims and digital assets. Braziel found via company documents and on-chain records that roughly 1,090 Bitcoin from Cardano’s crowdfunding round has an unknown whereabouts. These Bitcoins were originally allocated to an Isle of Man entity—an early predecessor structure of the Cardano Foundation, which was dissolved in December 2025. In a post on X, Braziel questioned Cardano founder Charles Hoskinson, who was an early participant in that Isle of Man entity: What happened to this Bitcoin (now worth around $70 million) after the entity dissolved? Who controls the funds now? And is the situation transparent? Hoskinson responded during an AMA yesterday, stating the Bitcoin was used to cover audit fees for the 2016 crowdfunding sale, when the BTC was only valued at $454,000. Now, Braziel is requesting additional evidence from Hoskinson to validate this cl

Prominent Trader: Bitcoin's Short-Term Key Level is $64,000, Holding above Could See a Rally to $67,000

On June 15, well-known crypto trader Killa (@KillaXBT) laid out a critical price level for Bitcoin: it needs to hold $64,000. If Bitcoin manages to hold that level, it will test $67,000 and trigger additional short position liquidations. Conversely, a breakdown below $64,000 would send the crypto tumbling straight under $60,000, with this recent pump revealed as nothing more than a “scam pump” — a move designed to trap more long traders. Killa, a Bitcoin-focused quantitative trader, accurately called the peak of this bull market back in May 2025 and boasts over 200,000 followers on X. For context, he shorted Bitcoin at $74,688 in mid-April and switched to a long position during the broader market selloff on June 5.

The US-Iran Agreement Confirmed, Bitcoin Quickly Rebounds, Traditional Finance Sees Cautious Stock Market Rally

June 15 — Despite Israeli interference, the U.S.-Iran peace agreement advanced unimpeded overnight and this morning. President Trump announced his approval of free navigation through the Strait of Hormuz and immediate lifting of the U.S. Navy’s blockade on Iran. Iran’s Deputy Foreign Minister further confirmed that the U.S.-Iran Memorandum of Understanding (MoU) has been finalized, with a formal signing scheduled for this Friday, June 19, in Switzerland. Notably, Iran’s Deputy Foreign Minister clarified this is only a preliminary Memorandum of Understanding, not a final binding agreement. Negotiations for a full final accord will launch within 60 days, focusing on core issues including sanctions relief, Iran’s nuclear program, establishing a framework for the country’s reconstruction, and oversight and enforcement mechanisms. Even so, global markets remain unconvinced about Middle East stability, lingering with caution. Against this backdrop, Bitcoin saw a sharp rebound. Per HTX mark

Elon Musk's Wealth Could Surpass Bitcoin's Market Cap, with the gap between the two narrowing to just $80 billion during Friday's trading.

On June 15, Elon Musk’s net worth saw a major jump following SpaceX’s initial public offering (IPO), making him the world’s first trillionaire. Before the IPO, Musk’s fortune stood at roughly $780 billion. After SpaceX’s IPO pricing, his wealth surged by approximately $188 billion, landing at around $968 billion. SpaceX’s shares opened at $150, closed at roughly $161, and Musk’s net worth climbed to about $1.1 trillion, briefly hitting $1.2 trillion during intraday trading. Per HTX market data, Bitcoin (BTC) traded near $64,000, with a total market capitalization of around $1.28 trillion. If SpaceX’s stock continues its strong performance, Musk’s wealth is poised to overtake Bitcoin’s market cap.

Bitcoin Falls Below $64,000, 24-hour Change -0.3%

Bitcoin fell below $64,000 on June 14, HTX market data shows, posting a 0.3% drop in the last 24 hours.

Michael Saylor Reissues Bitcoin Tracker Info, Hinting at Another BTC Purchase

On June 14, Strategy founder Michael Saylor once again shared details about the firm’s Bitcoin Tracker, noting, "Still adding dots." Per the company’s established pattern, Strategy typically discloses its additional Bitcoin purchases two days after releasing such an update.

Michael Saylor Explains Strategy Behind Two Key Bitcoin Metrics: BPS Is a Growth Story, CEBE BPS Is Real Risk Exposure

On June 14, Michael Saylor published a post clarifying two key per-share Bitcoin metrics tied to MicroStrategy’s Bitcoin holdings, breaking down their differences in a way tailored for investors. BPS, short for Bitcoin Per Share, measures the amount of Bitcoin linked to common shares before accounting for senior debt—an optimistic metric that shows how quickly per-share equity accumulates when the company acquires Bitcoin via debt or equity issuances. BTC Yield, for its part, tracks the effectiveness of this strategy by relying on BPS as its core basis. CEBE BPS, by contrast, is the actual per-share Bitcoin exposure accessible to common shareholders after deducting all senior obligations (including term debt, convertible bonds, preferred stock, and so on)—a more conservative risk indicator. Saylor noted that the relative importance of these two metrics depends on MicroStrategy’s liability maturity schedule: Shorter-dated debt makes CEBE BPS far more critical, as it directly re

Analysis: 42.6% of Bitcoin's hash rate is concentrated in the United States, and the controversy over mining pool control continues to escalate

June 14. While Bitcoin’s network design centers on decentralization and censorship resistance, experts are now revisiting these core tenets—given that roughly 42.5% of global hashrate is currently concentrated in the United States. Data shows U.S.-listed public mining companies control about 31.5% of global hashrate, with broader estimates pointing to even higher total influence. Leading mining pool Foundry USA has long held the largest global hashrate share, at one point nearing one-third of the total network capacity on its own. Analysts argue the real risk isn’t just geographic centralization—it’s concentration at the pool level. Pools dictate which transactions are included and how block templates are structured, and the top mining pools combined now hold over two-thirds of global hashrate, fueling concerns over widespread transaction censorship. Following global mining bans in 2021, the Bitcoin network proved highly adaptable: after a sharp short-term drop in global hashrate, i

Brazilian Court Denies Release Request for "Bitcoin Queen" Defendant in Diet Dispute Case, States Vegan Diet Controversy Does Not Justify Pretrial Detention

June 14 (via Brazilian Media) – The Brazilian Superior Court of Justice (STJ) recently rejected a release request for Mirelis Yoseline Diaz Zerpa, a defendant tied to the "Bitcoin Pharaoh" Glaidson Acácio dos Santos case. Zerpa’s defense team had previously applied to have her detention converted to house arrest, claiming the prison could not provide a vegan diet. In its ruling, the court noted that dietary preferences are personal choices, and facilities can make reasonable adjustments within their capabilities. However, the court added that this concern does not constitute a legal reason to lift her preventive detention. Case files reveal Zerpa spent nearly four years as a fugitive in the United States before being deported to Brazil over visa-related issues and detained again. Prosecutors accuse her of involvement in leading a criminal organization and related financial crimes linked to operations named "Kryptos," "Valeta," and "Flyer One." Furthermore, court documents state Zerp

Bitcoin Mining Difficulty Sees 10.09% Single-Adjustment Downward, Marking the 11th Largest Downward Adjustment in History

June 14 — Galaxy Research’s monitoring data shows the Bitcoin network completed its latest difficulty adjustment at block height 953,568 today. The adjustment lowered the network’s mining difficulty by 10.09%, falling from 138.96T to 124.93T. This ranks as the 11th largest single difficulty drop in Bitcoin’s history and the second-biggest decline since 2026. The adjustment cycle lasted 15.6 days, notably longer than the protocol’s standard 14-day target period. Research points out Bitcoin’s price dropped roughly 15% in June, squeezing miners’ profit margins. This led some mining operations to go offline, reducing the network’s overall hash rate and triggering the difficulty readjustment. Galaxy Research notes this reflects Bitcoin’s typical pressure transmission mechanism during a price downturn: falling prices drive mining power to exit the network, which in turn prompts a difficulty adjustment to restore a dynamic equilibrium for miner profitability and network security.

Analyst: US Bond Yield Rises to Highest Level Since Bitcoin's Inception, Potentially Suppressing Risk Asset Performance

June 13 – Crypto analyst Darkfost took to social media to point out Bitcoin is facing one of the most challenging U.S. Treasury yield environments since its inception. While the Federal Reserve’s benchmark interest rate and the U.S. Dollar Index have reached higher levels in the past, long-term U.S. bond yields are currently elevated, with 10-year and 30-year yields fluctuating between 4.5% and 5%. Coupled with growing market expectations of another interest rate hike later this year, this has driven up funding costs and created a tighter liquidity landscape. Analysts note that in this high-yield environment, investors tend to favor low-risk fixed-income assets, which diminishes the appeal of risk assets like Bitcoin. Historical patterns show that rising bond yields often align with tightening financial conditions, exerting pressure on Bitcoin’s price trend. The market is now at a key inflection point: the risk premium offered by risk assets relative to long-term bonds is being compre

If Bitcoin breaks above $66,000, the mainstream CEX cumulative short liquidation pressure will reach $915 million.

June 13 update — Per Coinglass data, if Bitcoin breaks above $66,000, cumulative short liquidation intensity across major centralized exchanges (CEXs) will total $9.15 billion. Conversely, if Bitcoin falls below $62,000, cumulative long liquidation intensity across major CEXs will reach $9 billion. BlockBeats Note: The liquidation chart does not display the exact number of contracts or precise liquidation values being unwound. Instead, its bars represent the relative importance of each liquidation cluster versus adjacent clusters — that is, their intensity. As such, the chart illustrates how much the underlying asset’s price will be impacted once it hits a specific level. A higher "liquidation bar" signals a stronger price reaction due to a liquidity cascade once that price level is reached.

Bitcoin Rebounds, Surpasses $64,000

June 13: Per HTX market data, Bitcoin rebounded to break through $64,000, is now trading at $64,006, and has a 0.75% 24-hour price change.

El Salvador Optimizes Immigration System, Temporary Residents to Enjoy 0% Tax Rate on Bitcoin Gains and Overseas Income

**El Salvador Overhauls Immigration and Tax Systems to Attract Global Wealth and Talent** June 13 — El Salvador is refining its immigration and tax frameworks to draw high-net-worth individuals, families, and cross-border capital. A core update: Decree No. 531, effective March 31, 2026, slashes temporary residency requirements from 9 months per year to just 90 days annually (either consecutive or cumulative). The change targets frequent cross-border groups: entrepreneurs, investors, and remote workers. For those with overseas income, El Salvador offers one of Latin America’s most favorable tax structures. It operates on a territorial tax model, where only income earned within El Salvador is taxable. A 2024 income tax reform clarified that both residents and non-residents qualify for full exemption from Salvadoran income tax on foreign-sourced revenue—no cap applies. This means freelancers, remote workers (including content creators, developers, and international entrepreneurs) pay

The US Bitcoin Spot ETF experienced a net outflow of $319.3 million this week, with IBIT seeing an outflow of $355 million.

As of June 13, data from Farside Investors shows total net outflows from U.S. spot Bitcoin ETFs reached $319.3 million this week. For individual funds: BlackRock’s IBIT posted a net outflow of $355 million, Grayscale’s GBTC logged $87.9 million in net outflows, and VanEck’s HODL had a $13 million net outflow. On the inflow front, Fidelity’s FBTC recorded a net inflow of $55.7 million, ARK Invest’s ARKB saw $39.1 million in net inflows, and BTC brought in $27.5 million. Funds BTCO, EZBC, and BRRR had zero net fund flows during the week.

Top Cryptographers Disagree on Bitcoin's Quantum Risk Significance Issue, But Recommend Immediate Initiation of Post-Quantum Signature Planning

June 13: The Cryptography Advisory Council, convened by Coinbase, has stated that quantum computers don’t pose an immediate threat to blockchains—but the Bitcoin community should immediately begin planning for post-quantum signatures. Council members include top cryptography experts like Scott Aaronson of the University of Texas at Austin, Stanford’s Dan Boneh, and Justin Drake of the Ethereum Foundation. The report identifies that Bitcoin’s quantum risk is concentrated in early addresses: around 1.7 million BTC are held in roughly 20,000 early public key addresses, where owners’ public keys are publicly posted on-chain, leaving them vulnerable to future quantum attacks. Many of these addresses are believed to belong to Bitcoin’s anonymous creator Satoshi Nakamoto or holders who lost their private keys, so their funds can’t be moved proactively to more secure wallets. Project11’s research adds that another ~5 million BTC face potential risk from address reuse, though most of these are

Analysis: De-escalation of US-Iran Tensions Boosts Bitcoin Rebound, Market Reversal Still Awaits ETF Inflows and Buying Interest Confirmation

June 13 Bitcoin Update: BTC plunged from nearly $73,000 to under $60,000 before bouncing back to around $63,500. At this level, it’s down roughly 50% from its October 2025 all-time high of ~$126,000. While this pullback has pushed Bitcoin into the valuation band typically linked to bear market bottoms, there’s been none of the panic selling that usually signals a definitive market bottom. One key catalyst for the recent drop? A noticeable shift in Michael Saylor’s Strategy. The firm disclosed on June 1 that it sold 32 BTC for about $2.5 million to cover preferred stock dividends. Though that sum is tiny compared to its roughly 845,000 BTC holdings, the market framed it as a major departure—Saylor has long clung to his mantra of “never selling Bitcoin.” Strategy may be testing a new approach to using BTC as a corporate treasury asset by offloading small amounts, rather than just holding long-term. Earlier Iran tensions added extra pressure, lifting oil prices and amplifying fears of

SpaceX has officially become the world's eighth-largest publicly traded Bitcoin holding company, currently holding 18,712 BTC

June 13 update: Elon Musk’s SpaceX has officially gone public. In its S-1 filing with the U.S. Securities and Exchange Commission (SEC), SpaceX disclosed it holds 18,712 Bitcoin (BTC). At the current price of roughly $63,000 per BTC, this holding is valued at about $1.18 billion—making SpaceX the 8th-largest publicly traded company globally in terms of Bitcoin holdings. SpaceX’s BTC has been on its balance sheet for some time, with an average purchase cost of around $35,000 per coin, meaning it has accumulated substantial unrealized gains. Musk’s other publicly traded firm, Tesla, holds 11,509 BTC. Combined, SpaceX and Tesla own 30,221 BTC total. If the two companies merged, their joint Bitcoin stake would rank as the 5th-largest globally among public companies. SpaceX’s IPO is granting traditional investment portfolios indirect exposure to Bitcoin, showcasing the growing acceptance of BTC as a treasury asset by large strategic businesses.

Standard Chartered Bank: Bitcoin May Have Bottomed Around $59,000, Crypto Winter Over

On June 13, Standard Chartered analyst Geoffrey Kendrick stated in a Friday research note that the low point of Bitcoin’s current market cycle may have already formed around $59,000, signaling the end of the crypto market’s downturn phase. Kendrick noted this cycle low represents a 53% drop from Bitcoin’s historical high of $126,000 set on October 6, adding, “Winter is over, welcome back to the crypto spring.” Data shows Bitcoin hit a low of $59,375 on June 5 and is currently trading near $64,000. Kendrick forecasts Ethereum will reach $4,000 and Bitcoin will hit $100,000 by the end of the year. Kendrick identifies two key factors driving this market turnaround. First, the crypto sector has faced some of the heaviest selling pressure since the U.S. spot Bitcoin ETF launched in recent weeks, with cumulative redemptions exceeding $5.72 billion since the second week of May. He explained that some ETF holders are liquidating positions to free up cash for the SpaceX IPO, an event he believ

Yesterday, Bitcoin ETF saw a net inflow of $85.9 million, while Ethereum ETF experienced a net outflow of $4.9 million.

June 13 – Per data from Farside Investors, U.S. spot Bitcoin ETFs saw a net inflow of $85.9 million yesterday, with BlackRock’s IBIT bringing in $57.7 million in net capital. By contrast, U.S. spot Ethereum ETFs recorded a net outflow of $4.9 million, where ETHA alone logged a net outflow of $4.5 million.

Market buying sentiment in the United States has rebounded, with the Coinbase Bitcoin Premium Index turning positive for the second consecutive day.

June 13: Coinbase Bitcoin Premium Index Turns Positive After 24 Days, Signaling U.S. Buying Sentiment Rebound Per Coinglass data, the Coinbase Bitcoin Premium Index has remained positive for two consecutive days, currently standing at 0.208%. U.S. market buying sentiment is starting to recover after 24 straight days of negative premium. BlockBeats Note: The Coinbase Bitcoin Premium Index measures the gap between Bitcoin’s price on Coinbase—a leading U.S. crypto exchange—and the global average Bitcoin price. It is a critical metric for tracking U.S. capital inflows, institutional investment interest, and shifts in overall market sentiment. A positive premium means Coinbase’s Bitcoin price trades above the global average, typically indicating strong U.S. buying pressure, active entry of institutional or compliant funds, ample U.S. dollar liquidity, and generally optimistic investment sentiment. Conversely, a negative premium means Coinbase’s Bitcoin price sits below the global a

Analysis: Bitcoin's current cycle top lacks clear signs of speculation, potentially setting a cycle bottom higher than previous bear markets.

June 13 — A new Galaxy Research analysis suggests Bitcoin’s current cycle low won’t plummet as steeply as in past bear markets, thanks to a lack of extreme speculative signals at the cycle’s recent peak. The firm pegs Bitcoin’s potential bottom between $62,000 and its network realized price of $53,600. Galaxy Research director Alex Thorn emphasized Bitcoin’s iconic four-year cycle is still sticking to historical timing, while peak-to-bottom declines have narrowed steadily over time: early cycles saw drops of 85% and 84%, followed by a 77% decline in 2022, and a projected 51% drop for the upcoming cycle. Thorn notes Bitcoin’s October 2025 peak is an anomaly compared to prior cycle tops: only 2 of 11 traditional top indicators triggered here, including a first-time failure of the widely tracked Pi Cycle Top indicator. The BTC peak MVRV ratio hit 2.29, well below the prior cycle’s range of 2.93 to 5.91. That said, key bottom signals haven’t materialized yet. Just 4 of 13 bottom indicat

US Stock Market Rebound Drives Bitcoin's Surge Above $64,000

June 12 — Per HTX market data, Bitcoin rebounded to clear $64,000, currently trading at $64,087.49. Meanwhile, several U.S. tech stocks advanced; Bitget market data shows Arm rallied 10%, AMD and Intel each gained 5%, and Qualcomm notched a 4.8% rise.

An address has accumulated 820 Bitcoins in the past 24 hours

June 12: According to Onchain Lens monitoring, a newly created wallet withdrew 328 BTC from Binance. The whale has amassed 820 BTC over the past 24 hours, worth $51.99 million.

Opinion: Referring to Bitcoin's performance after the Coinbase listing, the US stock market may face a midterm correction after SpaceX goes public

June 12 — Alicharts analysts are pointing to the 2021 Coinbase IPO as a precedent to anticipate the potential impact of SpaceX’s upcoming public offering on the broader stock market. Coinbase launched its IPO on April 14, 2021. Ahead of that debut, Bitcoin had surged over 1,200% since March 2020; in the months following the crypto exchange’s listing, the cryptocurrency suffered a sharp 50% correction. SpaceX’s IPO is now timed against a parallel market backdrop: the S&P 500 has posted a more than 50% gain over the past year. Alicharts notes that with extreme hype already priced into current market valuations, historical trends show a period of natural macro-level consolidation and profit-taking across broad indices would be entirely healthy for the market.

Yesterday, the US Spot Bitcoin ETF experienced a net outflow of $22.5 million, while IBIT saw an inflow of $30.3 million.

June 12 – According to Farside’s monitoring, net outflows from U.S. spot Bitcoin ETFs totaled $22.5 million yesterday. The detailed breakdown is as follows: - IBIT: $30.3 million net inflow - FBTC: $5.5 million net outflow - BITB: $13.1 million net outflow - ARKB: $27.2 million net outflow - HODL: $0.148 million net outflow - MSBT: $2.2 million net inflow - BTC: $5.6 million net inflow

Approximately $2.51 billion worth of crypto options set to expire today, Bitcoin's key pain point at $66,000

On June 12, roughly $25.1 billion in cryptocurrency options are set to expire today, with key breakdowns for Bitcoin and Ethereum: Bitcoin options carry a notional value of $22.3 billion, a put-call ratio of 0.68, and a max pain price of $66,000. Ethereum options have a notional value of $2.91 billion, a put-call ratio of 0.62, and a max pain price of $1,750. Despite recent market volatility, positions for both assets still tilt toward call options. Ahead of the expiry, Bitcoin and Ethereum are trading above their respective max pain prices, and their put-call ratios remain below the 1.0 threshold.

Bitcoin Core 31.0 Version New Feature Has Privacy Vulnerability, Fix Will Be Released with Version 31.1

On June 12th, the Bitcoin Core team disclosed that the private broadcast feature rolled out in Bitcoin Core version 31.0 contains a privacy vulnerability. Under specific network circumstances, this flaw may expose the sender’s IP address to receiving nodes. A fix for the issue is slated to be included in the upcoming 31.1 release.