Bitcoin info

$60.4K Becomes ‘most important area:’ things to know in Bitcoin this week Bitcoin eyes $64K as $60.4K turns into key support Bitcoin climbed to $63,960, its highest level since June 23, triggering over $100 million in short liquidations. Analysts link the rally to liquidity hunts, while traders identify $60,400–60,900 as the market’s most important support. Losing this zone could send BTC back to recent lows, although longer-term reversal signals continue to strengthen. Markets await Fed signals US stock futures remain strong despite recent volatility, while expectations grow that the Federal Reserve will keep interest rates unchanged in July and September. Investors now focus on the Fed meeting minutes, PMI data and employment reports, which could increase market volatility. Stock correction risk remains Some analysts warn that US equities may face a correction ahead of the Midterm elections. However, Bitwise believes much of the worst-case macro scenario—including recession risks—has already been priced into Bitcoin, giving BTC a chance to outperform the Nasdaq in the coming months. Whale selling slows According to CryptoQuant, Bitcoin inflows to exchanges have dropped sharply since mid-June. Whale transfers declined faster than retail activity, suggesting large holders are becoming less active sellers. If this trend continues, it could strengthen Bitcoin’s supply outlook. Fear fades, but caution remains Crypto market sentiment has improved, with the Crypto Fear & Greed Index recovering from extreme lows. Despite growing optimism, analysts stress that Bitcoin must break above $65,000 to confirm a stronger bullish trend. Failure to maintain momentum could still trigger another downside move. https://instagram.com/bitcoin.info.9/ - Main page https://instagram.com/bitcoin.info/ - Reserve page

Here’s what happened in crypto today Today in crypto, a newly discovered wallet vulnerability raised security concerns, Binance recorded $1.23 billion in weekly outflows, and Vitalik Buterin outlined Ethereum’s next development priorities. Thousands of crypto wallets at risk from ‘Ill Bloom’ vulnerability: Coinspect Blockchain security firm Coinspect revealed the “Ill Bloom” vulnerability, which affects software wallets using weak randomness when generating recovery phrases. Wallets across Bitcoin, Ethereum, Polygon, Rootstock, Tron and Solana may be exposed. The flaw impacts wallets created as far back as 2018, mainly lesser-known mobile wallets. Since May 27, attackers have stolen at least $5 million, while the actual number of affected wallets could be significantly higher. Binance outflows jump as ETH withdrawals hit 3-year high Binance recorded $1.23 billion in net weekly outflows starting June 29, up 207% from the previous week, according to DefiLlama. CryptoQuant analyst Darkfost reported Ethereum withdrawals from Binance exceeded 166,000 transactions in one day — the highest level in over three years. Possible reasons include investor accumulation, MiCA-related regulatory uncertainty in the EU, and short-term market positioning. Vitalik Buterin unveils ‘Lean Ethereum’ roadmap Ethereum co-founder Vitalik Buterin introduced the “Lean Ethereum” roadmap, prioritizing quantum resistance, scalability and privacy over the next three to four years. He described the planned upgrades as comparable in scale to the 2022 Merge and stressed that quantum-safe technology has become an urgent priority. The roadmap follows major restructuring at the Ethereum Foundation, including staff reductions and leadership changes. Buterin also supports developing a new virtual machine, such as leanISA or RISC-V, to improve scalability and programmable privacy. https://instagram.com/bitcoin.info.9/ – Main page https://instagram.com/bitcoin.info/ – Reserve page

Binance outflows triple to $1.2B as ETH withdrawals hit 3-year high Binance, the world’s largest crypto exchange by trading volume, recorded a sharp rise in weekly net outflows as Ethereum withdrawal activity reached its highest level in more than three years. According to DefiLlama, Binance posted $1.23 billion in net outflows during the week starting June 29, up 207% from roughly $400 million the previous week. Monthly net outflows reached about $3.2 billion. CryptoQuant analyst Darkfost reported that Binance processed over 166,000 Ethereum withdrawal transactions in a single day—the highest level since 2021. He suggested the trend may reflect long-term accumulation, while also pointing to uncertainty surrounding the EU’s Markets in Crypto-Assets Regulation (MiCA) and short-term market positioning. The spike in ETH withdrawals coincided with Ether rebounding around 10% in two days. According to Darkfost, growing withdrawals near the $1,500 level could indicate investors are moving assets off exchanges for long-term holding rather than active trading. Ethereum continued its recovery over the past week, gaining about 12.5% to trade near $1,766. Bitcoin also advanced 4.3%, reaching approximately $62,925. Binance was not the only exchange to see capital leave. DefiLlama data shows Bitfinex recorded $407.5 million in outflows, followed by Gate with $214.3 million, OKX with $87.1 million, and Bybit with $78.4 million. Meanwhile, inflows remained scattered. Crypto.com and HashKey Exchange led with around $63 million and $53.3 million in net inflows, while KuCoin, Gemini, and Bitvavo also posted modest gains. https://instagram.com/bitcoin.info.9/ - Main page https://instagram.com/bitcoin.info/ - Reserve page

Here’s what happened in crypto today Today in crypto, Ethereum co-founder Vitalik Buterin unveiled a new “Lean Ethereum” roadmap, Revolut announced plans to delist USDT, Kraken expanded support for tokenized stocks, and US President Donald Trump defended his crypto-related earnings. Vitalik Buterin outlined three key priorities for Ethereum over the next three to four years: quantum resistance, scalability and privacy. He called quantum security an urgent issue and said privacy should become a core goal. The roadmap also includes work on a new virtual machine to improve scalability and programmable privacy. The update follows major restructuring at the Ethereum Foundation, including staff cuts and leadership changes. Kraken now allows eligible users outside the US to use selected tokenized stocks and ETFs as collateral for futures and margin trading without selling their assets. Supported holdings include Apple, Nvidia, Tesla, Strategy and major ETFs. Collateral values depend on each asset’s risk, with limits and discounts reviewed regularly. Revolut informed some customers it will delist Tether’s USDT due to regulatory and risk concerns. USDT purchases will stop on July 6, deposits on July 30, and the token will be fully removed on Aug. 31, 2026. Any remaining balances will be automatically converted into users’ base currency. The move reflects growing regulatory pressure on stablecoins and follows similar actions by other major platforms in Europe. https://instagram.com/bitcoin.info.9/ - Main page https://instagram.com/bitcoin.info/ - Reserve page

SBI Crypto shuts Bitcoin mining pool after 5-year run SBI Crypto, the crypto division of Japan’s SBI Holdings, will shut down its Bitcoin mining pool on July 31, ending five years of operation. The company gave no reason for the decision but asked miners to keep directing hashrate to the pool until the final day to ensure accurate payout calculations. Launched in 2021, SBI Crypto’s mining pool grew into the world’s 12th largest, controlling around 21.46 EH/s, or 2.24% of the Bitcoin network. Despite this, it remained far behind industry leaders such as Foundry USA and AntPool. To help users transition, SBI Crypto recommended several alternative mining pools, including Braiins, Luxor and NeoPool. The company noted that some providers may offer special incentives for former SBI Crypto miners. The closure reflects SBI Holdings’ broader shift in crypto strategy. The company recently agreed to acquire full ownership of crypto exchange Bitbank in a ¥46.7 billion ($289 million) deal, aiming to build Japan’s largest cryptocurrency exchange. SBI is also expanding its presence in the stablecoin sector by supporting the trust bank-backed JPYSC project and Ripple’s RLUSD launch in Japan. https://instagram.com/bitcoin.info.9/ - Main page https://instagram.com/bitcoin.info/ - Reserve page

Metaplanet buys 2,823 BTC, surpasses 43,000 in Bitcoin holdings Japanese investment firm Metaplanet purchased 2,823 BTC in Q2 at an average price of about $88,300 per coin, lowering its overall acquisition cost to around $106,500 per BTC. The company now holds 43,000 BTC acquired for roughly $4.5 billion. During the quarter, it also generated about $10.95 million through its Bitcoin income strategy, including cash-secured options and other yield-generating activities. The latest purchase reinforces Metaplanet’s aggressive accumulation strategy, making it one of the world’s largest corporate Bitcoin holders. The move came shortly after Strategy, led by Michael Saylor, paused its regular weekly Bitcoin purchases while introducing a new capital framework focused on dividends and stronger cash reserves. Metaplanet shares closed 3.5% higher on Thursday but remain down 48% year-to-date, compared with Bitcoin’s 31% decline over the same period. K Wave exits Bitcoin treasury strategy Not every company is increasing Bitcoin exposure. Nasdaq-listed South Korean firm K Wave Media sold its remaining 88 BTC to repay $6 million in debt, officially ending its Bitcoin treasury strategy. The decision marks a major shift after the company had previously announced plans to accumulate up to 10,000 BTC following a $1 billion capital commitment in 2025. Earlier this year, France-based semiconductor company Sequans Communications also said it would gradually monetize its remaining 658 BTC holdings. https://instagram.com/bitcoin.info.9/ - Main page https://instagram.com/bitcoin.info/ - Reserve page

Here’s what happened in crypto today Europe’s crypto industry saw major developments this week. France is stepping up efforts to combat crypto-related kidnappings, the EU has officially ended MiCA’s transition period, and a new initiative aims to accelerate institutional Ethereum adoption. French Interior Minister Laurent Nuñez announced a stronger response to crypto-related ransom attacks after authorities recorded 77 cases of kidnapping, extortion or attempted extortion linked to crypto in the first half of 2026, compared with 45 cases during all of 2025. Speaking to the Association for the Development of Digital Assets (ADAN), Nuñez pledged greater government support. France has become one of the main hotspots for “crypto wrench attacks,” where criminals use physical violence to steal digital assets. Around 7.3 million people in France own cryptocurrencies. A new independent nonprofit backed by Ethereum co-founder Joe Lubin, Bitmine Immersion Technologies and SharpLink has launched to boost institutional Ethereum adoption. Ethereum Institutional will provide education, research, industry standards and events while expanding beyond New York, London, Hong Kong and Singapore. The initiative comes as Ethereum continues to dominate institutional crypto markets, hosting nearly 58% of tokenized real-world assets and about half of all stablecoins. Meanwhile, Europe’s Markets in Crypto-Assets Regulation (MiCA) reached the end of its 18-month transition period. Several crypto firms secured licenses at the last moment. Italy approved four new CASPs, bringing its total to eight, while France added three companies, raising its total to 31 licensed providers. FalconX received a MiCA license in Malta, and Venga gained CASP authorization in Spain. By Friday, the European Securities and Markets Authority (ESMA) listed 244 authorized CASPs across the EU and EEA. https://instagram.com/bitcoin.info.9/ - Main page https://instagram.com/bitcoin.info/ - Reserve page

Bitcoin price returns to $60K as US dollar strength rejects weekly high Bitcoin climbed back above $60,000, gaining nearly 3% in a day after briefly falling to new multi-year lows at the start of the month. Despite over $200 million in long liquidations, traders see signs of a short-term recovery. Trader Lennaert Snyder noted BTC is showing strength during the New York session, expecting a reversal before resistance around $60,700. Meanwhile, Daan Crypto Trades believes a decisive breakout could follow if Bitcoin pushes beyond the current $58K–$61K range. The move higher coincided with a weaker US Dollar Index (DXY), which pulled back from recent highs. Analysts at The Kobeissi Letter warned that the dollar’s bullish trend may be nearing exhaustion, citing the highest speculative long positioning in 18 months. Several market analysts expect July to bring a relief rally. Titan of Crypto considers a July rebound the most likely scenario before a possible return to bearish momentum. Rekt Capital also points to Bitcoin’s historical pattern: red June, green July, red August, suggesting early July volatility could be followed by stronger upside later in the month. https://instagram.com/bitcoin.info.9/ - Main page https://instagram.com/bitcoin.info/ - Reserve page

Here’s what happened in crypto today Today marked the end of the European Union’s transition period under the Markets in Crypto-Assets Regulation (MiCA). Regulators issued a final wave of crypto licenses, while Taiwan adopted its first crypto and stablecoin laws. Meanwhile, Strategy’s new Bitcoin capital framework received mixed reactions from Wall Street and investors. Last-minute MiCA approvals end EU transition period Several crypto firms secured MiCA licenses before the deadline. Italy approved four new crypto asset service providers, bringing its total to eight. France added three more licensed firms, raising its total to 31. FalconX received a MiCA license in Malta, while Venga was authorized in Spain. The 18-month transition period officially ended on Wednesday. By Friday, the European Securities and Markets Authority (ESMA) listed 244 authorized crypto asset service providers across the EU and EEA. Taiwan passes first crypto and stablecoin laws Taiwan approved its first legal framework for crypto, requiring all crypto platforms to obtain licenses from the Financial Supervisory Commission (FSC). Stablecoin issuers must also receive approval from the central bank and the FSC, maintain sufficient reserves and undergo regular audits. The new law introduces strict penalties for crypto fraud, market manipulation and unlicensed operations, including prison terms and heavy fines. Lawmakers also asked the FSC to prepare a plan within a year for regulated crypto derivatives to support industry growth. Strategy’s Bitcoin plan divides opinions Strategy’s new capital framework earned support from some Wall Street analysts, with Benchmark maintaining a Buy rating and a $570 price target for MSTR shares. Following the announcement, MSTR rose 12.6%, while STRC gained 12.2%. However, both stocks slipped in premarket trading as some investors questioned the long-term sustainability of the company’s Bitcoin strategy. https://instagram.com/bitcoin.info.9/ - Main page https://instagram.com/bitcoin.info/ - Reserve page

Bitcoin ETFs lose record $4.5B in June, eclipsing Strategy’s $1.25B raise US-listed spot Bitcoin ETFs recorded a record $4.5 billion in net outflows in June, more than three times the $1.25 billion Strategy is authorized to raise through its new Bitcoin monetization program. The sell-off pushed US spot Bitcoin ETFs to around $5.5 billion in net outflows for 2026, reducing cumulative net inflows since launch to about $51.2 billion, according to SoSoValue. BlackRock’s IBIT accounted for nearly 79% of June’s withdrawals, losing $3.55 billion. Despite cumulative inflows remaining above last year’s level, CryptoQuant data shows US Bitcoin ETFs now hold less BTC than they did a year ago. Head of research Julio Moreno said overall Bitcoin demand continues to weaken, with ETF holdings dropping below 1.25 million BTC. Meanwhile, Strategy unveiled its Bitcoin monetization program to help meet dividend obligations linked to its preferred securities. The plan sparked mixed reactions, with some praising the added financial flexibility while others questioned the long-term sustainability of the company’s capital structure. Strategy shares initially jumped over 12% after the announcement before closing 6.2% lower the following day, while its preferred stock ended higher. https://instagram.com/bitcoin.info.9/ - Main page https://instagram.com/bitcoin.info/ - Reserve page