Bitcoin (BTC) rose to $107,000 from $100,000 at the beginning of the week following news of a ceasefire between Israel and Iran. While there is uncertainty in the market about which direction BTC will move next, Katalin Tischhauser, Head of Investment Research at Sygnum, made important statements. Speaking to CoinDesk, Katalin Tischhauser argued that Bitcoin is unlikely to crash without unexpected black swan events like the Terra or FTX crash. Arguing that there will be a long-term bull cycle unless such a black swan event occurs, Tischhauser said: “The crypto market is strongly sentiment-driven. Therefore, technical analysis signals such as double tops warrant caution. However, a full-fledged collapse needs a swansong like the Terra collapse or the FTX explosion in 2022. Barring a similar black swan, we could see a prolonged bull cycle based on current political and regulatory support and sticky institutional capital flowing in.” Double Top Risk in Bitcoin! Bitcoin has been stuck between $100,000 and $110,000 in recent weeks, prompting analysts to speculate that Bitcoin’s uptrend is exhausted and that the trend could reverse to a bearish double-top pattern. The double top formation is interpreted as a sign that prices will switch from an uptrend to a downtrend. At this point, analysts like Katalin Tischhauser and Peter Brandt think that Bitcoin could form a double top pattern above $100,000. But Tischhauser also thinks a major crash is unlikely unless there is a black swan event like the one in 2022. Although such a big drop seems unlikely for BTC, if a double top pattern forms, it could mean that BTC could fall 75% from its peak to $27,000. At this point, Peter Brandt pointed out in an analysis he made at the beginning of the month the potential for a double top pattern to form and a 75% correction to occur. According to the pattern, a double top at $ 110,000 was taken as the basis, and a low level of $ 75,000 was taken before the second top. In this context, according to analysts, if BTC breaks below $ 75,000, this means that a double top pattern has formed and could lead to a 75% drop from the peak. *This is not investment advice. Continue Reading: Both Good and Bad News for Bitcoin (BTC) from Analysts! "There is a Risk of a Major Crash, But…."
GF Securities Hong Kong and HashKey Chain have launched the city’s first tokenized security that is issued, recorded, and managed entirely on blockchain. The new product, called “GF Token,” was announced on June 27, and is being described as a new way for investors to access short-term financial products through secure and transparent technology. GF Token is available in Hong Kong dollars, U.S. dollars, and offshore RMB. The U.S. dollar version is tied to the secured overnight financing rate. The token is designed to offer daily interest and easy redemption. It seeks to provide investors with an easy-to-use, low-risk way to handle their idle capital. Unlike earlier tokenized securities, it offers a complete on-chain setup, from creation to storage to distribution. Investors can subscribe through GF Securities or HashKey Exchange. They also have the choice of holding the tokens in a regular securities account or directly on-chain, making it easier for both traditional and crypto-native users to take part. You might also like: HashKey Capital launches Asia’s first XRP Tracker Fund GF Token is promoted as a building block for use in the wider tokenized assets space. It allows switching between different tokenized products through a shared settlement model on HashKey Chain. Several HashKey Group teams provided support for the project. HashKey Tokenization offered technical guidance, NexaToken oversaw tokenization services, and HashKey Exchange helped distribute the product to qualified investors. “The launching of GF Token is a major milestone for GF Securities (Hong Kong)’s digital product strategy, and an important extension of our chain-based product innovation,” said Zeng Chao, CEO of GF Securities (Hong Kong). “We believe this step will further solidify GF Securities (Hong Kong)’s first-mover advantage in emerging digital finance.” GF Securities (Hong Kong) has been developing blockchain-based products since 2024. It was the first Chinese securities company to issue a tokenized product under Hong Kong law in January 2024. It continued its foray into digital finance in early 2025 by issuing a fund-backed tokenized note in partnership with Cinda Asset Management. The launch comes as Hong Kong continues to test the use of blockchain for regulated financial instruments. GF Token might establish a model for other companies wishing to provide similar products under existing laws, using blockchain to improve speed, transparency, and access. Read more: Hong Kong’s HashKey taps Dubai as regional base for crypto services
The crypto market is experiencing a downturn as major tokens like Bitcoin, XRP and Solana plummet, with the SOL ecosystem and PayFi sector both dropping over 4%. Why is crypto down today? According to data from CoinGecko, the overall market cap for crypto has fallen by 2.6% in the past 24 hours. It currently stands at $3.39 trillion. The drop is reflected by many of the major tokens experiencing a decline in the past day of trading. Traders are now left wondering why is crypto down today. So far, Bitcoin ( BTC ) has remained mostly steady compared to other tokens. At press time, BTC dipped by 0.4%. It is currently trading hands at $107,355. Similarly, Ethereum ( ETH ) has dropped by 1.5% in the past 24 hours to a value of $2,447. However, the biggest drops can be seen in Solana ( SOL ) and XPR ( XRP ). In the past 24 hours, XRP fell by 4.2%. It has experienced the worst fall compared to the other tokens ranked among the top ten cryptocurrencies by market cap. Solana comes in second place after XRP, having fallen by more than 2.5% in the past trading day. Meanwhile, smaller tokens like Ethena ( ENA ) specifically has dropped by 5%, as it trades near the $0.25 threshold. Pressure from Germany’s BaFin ordering a 42-day redemption after stopping sales of Ethena’s stablecoin USDe (USDE) in March, bringing it near the $0.21 support area. You might also like: What to expect in the week ahead for the altcoin market: BTC, BERA, INJ and more Adding to Solana’s price drop, the Solana ecosystem has also experienced a decline. According to data from SoSoValue, the Solana ecosystem sector fell 4.24% in 24 hours. Within the sector, Solana and Jupiter ( JUP ) both fell 4.12% and 4.94% respectively. Meanwhile, the PayFi sector followed suit with a 4.03% decline. On the other hand, the memecoin sector has suffered a 3.91% drop, with major tokens like SPX6900 ( SPX ) experiencing corrections. Out of the top 10 memecoins by market cap, SPX has taken the worst dive by 10.21% in the past day. Meanwhile, top three tokens like Dogecoin ( DOGE ), Shiba Inu ( SHIB ), and Pepe ( PEPE ) only saw modest corrections of 2.31%, 3.27% and 3.24% respectively. Why is crypto down today? Today’s crypto market dip seems to be driven by underlying market fears and technical bearish indicators. Although the crypto market cap has dropped, the overall crypto trading volume has remained in the green. This could indicate that traders are selling more tokens amidst the decline instead of holding on for the long haul. The answer to why is crypto down today lies in the current geopolitical state of the world which shows no signs of cooling down anytime soon. Despite recent news of a ceasefire that brought Bitcoin above and beyond the $105,000 mark, investors are taking profits and staying cautious amid upcoming macroeconomic events like the Fed rate decision. In addition, analysts have noted that BTC has entered a critical supply zone at around $108,000 to $110,000, with indicators like RSI and MACD signaling cooling momentum to the current cycle. This could explain why is crypto down today, considering Bitcoin dominance has climbed above 65%. Read more: Trump slams Powell’s rate stance as BTC price flatlines
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The post Bitcoin Stays Calm As Traders Eye $108,500 Breakout for New All-Time High appeared first on Coinpedia Fintech News Bitcoin is sitting just below an important price level this week, but the market doesn’t look overly excited or panicked. Instead of rushing up with wild price swings, things seem calm and steady. Crypto analyst Crypto Dan says this shows the market is cooling, not overheating — and that could be a healthy sign. At the same time, crypto traders are watching $108,500 closely, and even big names like Coinbase are now buying BTC every week. Is this the calm before Bitcoin’s next breakout? Analyst: No Signs of Panic or Hype According to CryptoQuant analyst Crypto Dan , Bitcoin’s trading volume is showing signs of cooling. He shared a bubble chart that helps explain this — big circles mean high trading volume, and the colors show how fast the volume is changing. Right now, the bubbles show the market is calm. There’s no sharp increase in buying or selling, which means people aren’t acting out of fear or greed. Instead, this steady pace may mean Bitcoin is building a stronger base before its next move. Bitcoin: Cooling Without Overheating “Currently, Bitcoin is near its all-time high, but the market shows a cooling trend without signs of overheating.” – By @DanCoinInvestor pic.twitter.com/5CTYft5SZl — CryptoQuant.com (@cryptoquant_com) June 27, 2025 Even though Bitcoin is holding near its all-time high, Crypto Dan believes it might still need some outside help to break higher. Things like interest rate cuts or clearer crypto regulations could be the boost it needs. Traders Are Watching $108,500 Level Adding bullishness to the sentiment, Crypto expert Michael van de Poppe says Bitcoin is resting now but could jump higher soon. He says the small pullback is normal and not a reason to worry. Meanwhile, this sideways move can help Bitcoin gather power to break through the big resistance level at $108,500. If that level is broken, many traders expect Bitcoin to shoot up quickly, possibly reaching $110,000 or more, just like it has done in the past when it cleared major hurdles. Coinbase Is Buying Bitcoin Every Week While things may look quiet on the surface, big players are taking action. Coinbase CEO Brian Armstrong recently said the company is buying Bitcoin every week. He also told his followers to “go long” on Bitcoin, which means holding it for the long run. We're buying more Bitcoin every week. Long #Bitcoin https://t.co/LleWBXGYTG — Brian Armstrong (@brian_armstrong) June 26, 2025 Coinbase now holds nearly $995 million worth of Bitcoin, making it the 10th-largest company with BTC holdings. This shows that institutions still believe in Bitcoin’s future and are preparing for what’s coming next. As of now, Bitcoin is trading around $107k, reflecting a 0.71% drop seen in the last 24 hours, with a market cap hitting $2.13 trillion.
Insider activity is picking up across Trump family-linked crypto projects, with wallets offloading tens of millions of dollars in tokens. The team behind the Melania Trump-themed meme coin $MELANIA ( MELANIA )has sold 82.18 million tokens over the past four months, according to Lookonchain data. Spread across 44 wallets, the sales accounted for roughly 8.22% of the total supply and were exchanged for 244,934 SOL ( SOL ), worth approximately $35.76 million at the time. The #Melania meme team sold 82.18M $MELANIA(8.22% of total supply) over the past 4 months across 44 wallets, cashing out 244,934 $SOL ($35.76M). Most of the $MELANIA tokens were sold through adding and removing liquidity. https://t.co/EJYWtbB5aE pic.twitter.com/gtmRdkNq1y — Lookonchain (@lookonchain) June 25, 2025 Most of the MELANIA sales were executed through liquidity manipulation, adding and removing liquidity from pools, a method often used to avoid slippage and reduce market impact by minimizing direct sell pressure. You might also like: Trump wallet saga escalates as family pursues legal action In a separate recent move, the team behind the official Trump-themed memecoin, $TRUMP ( TRUMP ), withdrew $4.4 million in USDC and 347,438 $TRUMP (worth $3.12 million) from liquidity pools. The USDC was bridged to Ethereum, and the tokens were transferred to a new wallet. This kind of activity, pulling liquidity and moving tokens, is a common on-chain pattern seen before insider sales, suggesting that the team may be gearing up to dump. While there’s no direct link between the wallet movements, the timing and tactics point to a broader pattern of coordinated sell-offs across Trump-themed crypto ventures. Are the Trumps scaling back their crypto empire? Earlier this week, a Forbes report revealed that the Trump family quietly reduced its stake in World Liberty Financial (WLFI) from 60% to 40%, executed through undisclosed transactions carried out over a two-week period. The dump was carried out by DT Marks DEFI LLC, a holding company controlled by Donald Trump and his sons. This marked the third stake reduction in just six months, down from 75% in December to 60% in January, and now to 40%. No official comments have been provided regarding the sales by the family, and the reasons for the coordinated sell-offs remain unclear. However, the pattern suggests a strategic effort to reduce exposure while maintaining enough public momentum around the projects. At the same time, major holders of the official $TRUMP meme coin have also been trimming their positions. One whale recently dumped around 375,000 $TRUMP, worth approximately $4.9 million. The $TRUMP token is trading at $8.90 at press time, down roughly 30% over the past month. $MELANIA is down nearly 50% over the same period, now trading at $0.91. Read more: World Liberty Financial co-founder: More public companies want to hold WLFI as a treasury asset
The Bitcoin Coinbase Premium Gap has been positive for a while now, a potential indication of buying interest from US-based investors. 30-Hour MA Of Bitcoin Coinbase Premium Gap Continues To Be Green In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Coinbase Premium Gap of Bitcoin. The “ Coinbase Premium Gap ” here refers to an indicator that keeps track of the difference between the BTC price listed on Coinbase (USD pair) and Binance (USDT pair). The metric basically tells us about how the buying or selling behaviors differ between the userbases of the two platforms. The former is the main destination of the US-based investors, especially the large institutional entities, while the latter has a more global traffic. When the indicator’s value is positive, it means the American whales are applying a higher buying pressure (or lower selling pressure) than the Binance users. On the other hand, it being negative suggests a net higher selling pressure on Coinbase has pushed BTC to a lower rate on there. Now, here is a chart that shows the trend in the 30-hour moving average (MA) of the Bitcoin Coinbase Premium Gap over the past year and a half: As displayed in the above graph, the 30-hour MA Bitcoin Coinbase Premium Gap has been above the zero mark for a while now, suggesting buying pressure has consistently been higher on Coinbase than Binance. So far, the green streak in the metric has maintained for around 73 days, which is quite long. In fact, this is the longest period of buying on Coinbase since the spot exchange-traded fund (ETF) launch at the start of last year. In the period between then and now, Bitcoin has often shown correlation with the Coinbase Premium Gap, potentially implying that US-based institutional investors have had a significant presence in the sector. Considering this trend, the recent green streak in the metric can naturally be a positive sign for the asset. That said, things can quickly change in the cryptocurrency market sometimes, so the indicator could be to keep an eye on to watch out for any reversals into the negative zone. In some other news, Bitcoin’s latest rebound has meant that it has managed to stay above a key support zone, as the on-chain analytics firm Glassnode has pointed out in an X post . The chart shows the data for the Cost Basis Distribution of Bitcoin. According to this indicator, a notable amount of the asset’s supply was last purchased between $93,000 and $100,000. “Price holding above this band suggests the broader bullish structure is intact despite short-term volatility,” notes Glassnode. BTC Price At the time of writing, Bitcoin is trading around $107,800, up over 2% in the last week.
Little Pepe ($LILPEPE) is one of the latest meme coins to attract attention in 2025.
South Korea remains one of the strong crypto regions, making a return in 2025. Despite this, Kakaopay is facing headwinds on its stablecoin adoption. South Korea is facing a resurgence of interest in crypto, reviving older projects and stablecoin usage. However, regulatory pressures are curbing some of the growth, especially when it comes to stablecoin issuers. Recently, the shares of Kakaopay broke their 2025 rally, coming down from their peak. Kakao Pay Corp. traded at a peak of 93,800 KRW ($69.17), recently dropping to the equivalent of $62.09. The shares lost 15% in a single day after the company received warnings on its own attempts to use stablecoins. The stablecoin narrative boosted the share price by 200% in June, before the recent setback. Kakao Pay Corp. broke its rally, after regulators warned fintech and crypto companies may not have an advantage in issuing stablecoins. | Source: Google Finance Kakaopay was seen as the potential leader, benefitting from the new South Korean legislation on stablecoins. The news of a potential setback arrived after Kakaopay had filed a patent for a Korean won stablecoin, selecting the ticker KPKRW. The new requirement tying stablecoins only to commercial banks, however, means crypto companies will not have an advantage in launching the digital won. The expectation of having a new Kakao-based stablecoin also boosted KAIA, the native token of Kakao’s new chain. KAIA rallied to a three-month high above $0.20, recently taking a step back to $0.17. The South Korean market is more conservative, offering a predominance of fiat trading pairs. The ability to mint stablecoins remains limited, as South Korea’s central bank warned about the rushed unrolling of new assets. In the country, stablecoins can only be issued by licensed commercial banks, limiting the venue for DeFi projects and unregulated crypto-backed stablecoins. Kakopay was considered one of the first potential issuers of a stablecoin. However, for South Korean companies, combining fintech with stablecoin payments is not as straightforward as in other regions. Despite this, South Korean investors were still keen on the stablecoin narrative. In the past month, Circle (CRCL) became the most widely purchased foreign stock in the country, with $443M from Korean retail. Kakao’s ecosystem still uses stablecoins for decentralized activities. Kaia chain carries $106M in bridged stablecoins, mostly USDT for decentralized transactions. Kaia’s stablecoins are used in other regions, with no limitations for on-chain tokens outside South Korea. South Korea remains a crypto powerhouse in 2025 South Korean exchanges logged over $663B in trades for the year to date. The country remains one of the sources for retail adoption, with 22.6% to 30% penetration rate among regular users and retail traders. The Korean Won still carries around 1.8% of BTC trading and over 2.5% of ETH volumes. The country’s exchanges also have a marked effect on altcoins, often following Upbit and Bithumb listings. South Korean traders also draw attention to an entirely different selection of altcoins compared to other markets. The country remains a factor in reviving demand and providing use cases for multiple platforms from previous bull markets. With more conservative listing requirements, South Korean exchanges were not overwhelmed by a wave of memes, still providing liquidity for a shorter list of assets. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
The possibilities of a Ripple Initial Public Offering (IPO) have become higher as time goes on and the company moves toward a complete resolution of its SEC lawsuit. With expectations of the IPO rising, possible valuations have started to fly around as the company is one of the largest cryptocurrency companies. Most notably, pro-XRP lawyer and community member John Deaton has proposed that the Ripple IPO could lead to the company being valued at over $100 billion. Deaton Puts Ripple At $100 Billion The comment and valuation from lawyer John Deaton come after Circle, the company behind the USDC stablecoin, successfully completed its Initial Public Offering (IPO). So far, the crypto firm has found a lot of success in the market, surging from an initial $5 billion valuation to over $63 billion in valuation post-IPO. Related Reading: Bitcoin To Surge To $130,000 Next? What The Wave Count Says Deaton responded to a post on X (formerly Twitter), highlighting this feat, pointing out how Ripple could be even more successful in this regard. He explains that despite Ripple CEO Brad Garlinghouse saying that the company was in no rush to go public, the IPO should be timed correctly to have the right impact. Pointing to the current market environment, he points out that if Circle can grow to a $63 billion valuation, then it means that Ripple can soar even higher. Given XRP’s standing in the market as the 4th-largest cryptocurrency, ahead of Circle’s USDC, which sits at 7th place, Deaton believes that Ripple’s valuation post-IPO can rise to $100 billion. “If Circle can hit a 62B-75B market cap then Ripple, with nearly 40B XRP, currently valued at $2 (ie $80B), could certainly hit a $100B market cap in this environment,” Deaton wrote. As Bitcoinist reported, Ripple had issued a $700 million tender offer with shares priced at $175. This now puts the equity valuation of the company at $25 billion with 141 million outstanding shares as investors look favorably at the crypto firm. How High Could The XRP Price Go? Market experts have speculated that if the Ripple IPO does go through and the valuation soars, the XRP price will soar in tandem. Crypto investor Dennis Liu shared a video that suggested a successful IPO would be positive for the XRP price. He points out that a symbiotic relationship of the XRP coin related to the Ripple stock would be the dream of investors. Related Reading: Bitcoin Price Could Rally To $110,000 ATH As These Macroeconomic Factors Align Other market experts have debated that the XRP price would go double-digits to rise above $10 if this happens. In some cases, the XRP price has been pegged as high as $100 if Ripple does complete its IPO and begins trading as a publicly listed company. Featured image from Dall.E, chart from TradingView.com