BlackRock ETF Holds Over 3% of BTC Supply
Unfolded reported that BlackRock is currently holding over 3% of the total BTC supply through its own ETF.
BlackRock Purchases $750 Million in ETH in June
Akam stated, "BlackRock is buying ETH. They purchased ETH worth $750 million in June and have not sold a single time. Can ETH catch up with BTC?"
Nasdaq-listed Prenetics Purchases $20 Million in BTC
Decrypt reported that Prenetics, a Nasdaq-listed global healthcare company, purchased BTC worth $20 million. Previously, Coinness reported that Prenetics strengthened its BTC treasury strategy using funds from selling ownership of its subsidiary ACT Genomics to Delta Electronics.
Analysis: "BTC Demand Weakening"
Julio Moreno, senior analyst at CryptoQuant, diagnosed that BTC demand could be weakening. Coinness summarized his analysis:
- BTC demand has been weakening after reaching $112,000
- Whales and ETFs have halved their purchase volume
- Decrease in new investor demand: Short-term holder holdings currently at 4.5 million, down 800,000 from 5.3 million on May 27
- Futures market investors sold to realize profits and are now taking short positions
- If demand continues to weaken, support may be found around $92,000
BTC Network Transactions at 1.5-Year Low
The Block reported that BTC network transactions have reached a 1.5-year low. Current weekly average BTC transactions are around 350,000, significantly decreased from over 700,000 daily in mid-last year. The media analyzed this as a result of cooling interest in BTC native protocols like Runes and Ordinals.
Revolute Considering Stablecoin Launch
Decrypt reported that London neobank Revolute is considering launching a stablecoin. Sources said Revolute is in discussions with at least one cryptocurrency company. Revolute previously launched cryptocurrency exchange Revolute X in 2024.
New ETH Addresses Around 1 Million Weekly
Sentiment reported, "With Ethereum trading around $2,500, network utility and growth look healthier than ever. Weekly new ETH addresses are around 800,000-1 million. However, this is about 1/3 less compared to the same period last year."
Tether CEO: "16 Billion Passwords Leaked, We Must Abandon Cloud"
Amid reports of a massive 16 billion password leak involving Apple, Facebook, and Google, Tether CEO Paolo Ardoino stated, "Cloud has failed again. It's time to abandon cloud. This is exactly why we've been developing open-source password manager PearPass, which will be released soon. No cloud, no servers, no information leaks."
Kyber Swap Removes ZKsync Era Network
Kyber Network (KNC) announced that Kyber Swap will remove ZKsync Era from its aggregator as of July 1. However, it will continue to support ZKsync Era in cross-chain services.
Cardano Launches Brave Browser Beta Version
@StakeWithPride, a Cardano news X account, reported that Cardano has launched the Brave browser beta version. BAT holders are eligible for the Cardano Midnight Night airdrop.
Analysis: "ETH Can Recover to $4,000"
Coin Telegraph reported that analysts forecast Ethereum could recover to $4,000, citing continuous ETF inflows, increased staking volume, and addresses holding only buy positions at an all-time high. From June 1 to 15, ETH staking volume increased by over 500,000 ETH, and addresses with only buy positions exceeded 22.8 million ETH.
Anthony Scaramucci: "Solana Market Cap Will Surpass Ethereum"
Anthony Scaramucci, founder of Skybridge Capital, predicted that Solana's (SOL) market cap will surpass Ethereum's (ETH). At the recent Digital Assets 2025 conference, he added, "I'm not negative on Ethereum, but I personally understand Solana's story a bit better."
Trump to Decide on Iran Attack Within 2 Weeks
White House Press Secretary Caroline Levitt announced that Donald Trump will decide on a potential military attack on Iran within the next two weeks. The two-week period is interpreted as setting a final deadline for Iran to make a decision on nuclear disarmament. Trump previously stated he has not made a final decision on an attack.
Analysis: "BTC's Resilience is Surprising"
Bitcoin Treasury Corporation CEO Elliot Johnson noted that BTC has maintained an unbelievable level of resilience despite the Israel-Iran conflict and the Fed's hawkish stance, diagnosing that the psychological support level of $100,000 will be difficult to break.
BTC Falls Below $104,000
According to Coinness market monitoring, BTC has fallen below $104,000. On Binance USDT market, BTC is trading at $103,966.92.
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