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Bitcoin (BTC) hit fresh highs amid political support and macro fears, but whale retreats and weakening charts raise caution near-term.
Ordinals gain cross-chain access to Cardano via the BitVMX Alliance initiative. Input Output confirms the 2025 Cardano treasury limit is constitutionally sound. ADA and BTC holders can now explore new DeFi use cases across both networks.
BlackRock continues accumulating ETH despite New major institutional player could potentially spice things up for ETH. ETH struggles to break through resistance near the $2,700 price tag. ETTH exchange reserves registered positive weekly growth after previous downside.
GameStop added 4,710 Bitcoin as a reserve asset, joining the group of companies holding Bitcoin in their balance sheet. The move comes in response to its board’s decision in March to add Bitcoin as a treasury reserve asset, diversifying its asset investments. GME stock jumped 4% in premarket trading hours, bringing weekly gains to over 20%.
The third quarter of the year has historically been Bitcoin’s weakest-performing on average, and analysts are debating whether its current momentum will continue.
Analyst charts suggest Bitcoin price could surge past $130,000 by July if the M2 correlation continues. The M2 money supply is at a new all-time high, historically preceding major Bitcoin rallies. Bitcoin Open Interest Surge Signals Risk-On Shift.
Ripple criticized SEC’s vague rules like “fully functional” and “decentralized,” saying Congress should decide these matters, not regulators.
