Bitcoin (BTC)’s narrative as a strategic reserve asset just gained more traction. Evertz Pharma GmbH, a premium natural cosmetics company based in Germany, made headlines this week after announcing a bold treasury move: the acquisition of an additional 100 BTC in May 2025, valued at roughly $10.8 million (€10 million). This brings their total Bitcoin holdings to a notable level and marks them as the first German company to formally adopt a Bitcoin reserve strategy. Company executives emphasized their long-term commitment. Managing Director Dominik Evertz described Bitcoin as aligned with their future-oriented business ethos, while CFO Tobias Evertz reiterated their intent to keep allocating earnings into BTC. JUST IN: Evertz Pharma becomes first company in Germany to buy Bitcoin for its balance sheet pic.twitter.com/jCPkh2QTh2 — Bitcoin Magazine (@BitcoinMagazine) June 11, 2025 The move not only enhances their financial resiliency but also signals growing corporate confidence in Bitcoin across Europe. This development follows a broader trend of businesses viewing BTC as an inflation hedge and digital gold. It also supports Bitcoin’s price base by increasing the amount of BTC locked in long-term holdings. Trump’s China Deal Lifts Risk Sentiment, BTC Follows Bitcoin got another tailwind from geopolitics. Former U.S. President Donald Trump announced via Truth Social that a long-awaited trade agreement with China has been finalized, pending only President Xi Jinping’s approval. The deal reportedly includes a rollback of select export tariffs and was confirmed by both nations’ commerce officials. BREAKING: TRUMP SAYS TRADE DEAL WITH CHINA IS DONE MARKETS LIKELY TO REACT STRONGLY! pic.twitter.com/awVibnj3xS — DustyBC Crypto (@TheDustyBC) June 11, 2025 In response to this, the BTC/USD pair surged to an intraday high of $110,300 ahead of pulling back to around $109,560. This follows months of volatility sparked by Trump’s earlier tariff threats, which had briefly driven BTC down to $74,434. The conclusion of the deal eased macro risk, lifting sentiment in both equity and crypto markets. Analysts suggest that reduced global trade friction could serve as a catalyst for Bitcoin to retest and potentially surpass its all-time highs, especially if macroeconomic stability continues. Bitcoin Holds Key Support Amid Inflation Watch Despite a slight 1.4% dip in the last 24 hours, Bitcoin price prediction remains technically supported. Trading near $108,610, the two-hour chart reveals BTC sitting atop a confluence of supports: the 50-EMA ($108,123), ascending trendline, and the 0.382 Fibonacci retracement at $108,595. Bitcoin Price Chart – Source: Tradingview Candlestick action shows indecision, with repeated rejection near $109,355 and $110,574. The MACD has turned bearish, with a widening gap, suggesting further weakness. However, bulls still have a case: so long as BTC holds above $108,100, a rebound remains possible. Short-Term Trade Setup: Entry: Above $108,800 (bullish candle confirmation) Stop-loss: Below $107,950 Target 1: $109,355 Target 2: $110,574 Bitcoin Hyper Presale Surges Past $1M—Layer 2 Just Got a Meme-Sized Boost Bitcoin Hyper ($HYPER) has smashed through the $1 million mark in its public presale, raising $1,094,415.49 out of a $1.28 million target. With just hours left before the price jumps to the next tier, buyers can still lock in $0.01185 per HYPER. As the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), Bitcoin Hyper brings fast, low-cost smart contracts to the BTC ecosystem. It merges Bitcoin’s security with SVM’s scalability, enabling high-speed dApps, meme coins, and payments—all with cheap gas fees and seamless BTC bridging. Audited by Consult, Bitcoin Hyper is engineered for speed, trust, and scale. Over 77.7 million $HYPER are already staked, with estimated 675% APY post-launch rewards. The token also powers gas fees, dApp access, and governance. The presale accepts crypto and cards, and thanks to Web3Payments, no wallet is needed. Meme appeal meets real utility—Bitcoin Hyper might be Layer 2’s breakout star of 2025. The post Bitcoin Price Prediction: BTC Eyes $110K as Evertz, Trump Fuel Momentum appeared first on Cryptonews .
Singapore’s latest regulatory clampdown on offshore digital-asset firms has triggered a wave of urgent exits and staff restructuring among major crypto exchanges operating in the city-state without a license. Bitget and Bybit, both top-10 crypto exchanges globally by trading volume, are now preparing to shift operations out of Singapore, sources familiar with the matter revealed. Bitget will relocate staff to crypto-friendly jurisdictions such as Dubai and Hong Kong, while Bybit is weighing similar moves. Both exchanges declined to comment publicly. The move follows a final warning from the Monetary Authority of Singapore (MAS), which on May 30 issued a directive requiring crypto firms with Singapore-based operations serving overseas clients to cease such activities by June 30. The notice leaves no room for transitional arrangements and states that new licenses will be granted only under “extremely limited” conditions. MAS crackdown sparks panic and job fears The MAS decision has rattled many offshore crypto firms with substantial local teams. Arthur Cheong, founder and CIO of DeFiance Capital LLC, warned that hundreds of jobs could be at risk, as many exchanges have front-office teams — including business development and sales — stationed in Singapore to serve global clients. “This is almost as good as an evacuation procedure,” said Patrick Tan, general counsel at blockchain analytics firm ChainArgos, which is not affected by the directive. Chris Holland, a partner at Singapore-based consultancy HM, noted a surge in inquiries: “Calls are at all hours given the impact on businesses headquartered outside Singapore. Some are scrambling to understand their exposure and risks.” Singapore has long marketed itself as a regulated, innovation-friendly crypto hub, drawing major players like Coinbase and Crypto.com to set up regional operations. However, the city-state also continues to bear the scars of the 2022 market crash, which collapsed several high-profile local crypto ventures. In response, MAS has grown increasingly hawkish, tightening oversight while discouraging retail crypto speculation and limiting advertising. The May directive builds on the Financial Services and Markets Act of 2022, where MAS had already signaled its intention to rein in unlicensed digital asset providers. In a follow-up on June 6, MAS stated that only a “very small” number of providers would be directly affected — yet firms remain unclear about how the rules apply to hybrid or decentralized operation models. Regulators close in as offshore crypto firms scramble to define operations The opaque structures of many offshore exchanges have long complicated Singapore’s crypto compliance environment. Grace Chong, head of financial regulatory practice at Drew & Napier LLC, noted that companies leveraging Singapore-based staff to support foreign operations — without clearly defined boundaries — occupy a legal “gray area.” For its part, MAS maintains that it has consistently communicated its expectations. “This move should not come as a surprise,” said an MAS spokesperson. “Entities already licensed are not affected by this latest guidance.” Still, the sudden enforcement has caught some off guard. Unlike licensed players, offshore entities will now need to make swift adjustments or face possible enforcement actions. Exchanges like Binance, which has been on MAS’s investor alert list since 2021, represent how difficult regulatory navigation has become. Binance CEO Richard Teng has described the firm as “remote-first,” adding that discussions about a global headquarters remain ongoing. A Binance spokesperson reiterated the exchange’s intent to comply with local regulations globally but offered no details on its Singapore operations. As MAS tightens the net, other jurisdictions like Dubai, Hong Kong, and even Australia are emerging as alternative bases for crypto firms forced to adapt — or flee. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
BitcoinWorld Apple Image Playground Gets a Powerful Boost with ChatGPT Integration In the fast-evolving world of technology, artificial intelligence continues to push boundaries, impacting everything from code generation to creative expression. For those tracking the intersection of tech giants and AI, a significant development comes from Apple. The company’s native AI image generation tool, Apple Image Playground , is set to receive a major upgrade through a strategic ChatGPT integration . This move aims to revitalize the platform after its initial lukewarm reception. What Were the Initial Challenges for Apple Image Playground? When Apple first introduced Image Playground last year, powered by Apple Intelligence, the vision was clear: provide users with a simple way to create unique, personalized images directly on their devices. However, upon launch, the reality fell short for many. User feedback highlighted several limitations: Quality Concerns: Some users reported receiving low-quality or distorted images, such as a prompt for a hand resulting in an image with six fingers. Limited Capabilities: Basic descriptions like “old man” or “flower” sometimes failed to produce results. Perceived Simplicity: Compared to more advanced AI image generators available, Image Playground felt juvenile to some, leading them to question its practical use cases beyond simple, emoji-like creations. While some users found it a fun experience, the overall sentiment pointed towards a tool that needed significant improvement to compete in the growing AI image generation space. How Does ChatGPT Integration Boost Apple Image Playground? Fast forward to this year’s WWDC, where Apple announced a crucial update: integrating OpenAI’s ChatGPT into Image Playground. This partnership is designed to inject more sophistication and capability into the app’s generation process. The key benefits of this ChatGPT integration include: Expanded Style Options: Moving beyond the initial limited styles (Animation, Illustration, Sketch, Genmoji), users will gain access to new, more artistic styles like Oil Painting, Watercolor, Vector, Anime, and Print. ‘Any Style’ Flexibility: A new “Any Style” option allows users to describe exactly the look and feel they want for their image, offering unprecedented creative control within the app. Improved Understanding: By leveraging ChatGPT’s advanced language understanding, Image Playground should be better equipped to interpret complex prompts and deliver more accurate and relevant image results. These new styles will be clearly labeled under a “ChatGPT style” banner, indicating the source of the enhanced capability. Apple AI Strategy: More Than Just Image Generation This move isn’t an isolated incident but fits into Apple’s broader Apple AI strategy. The company has already established a working relationship with OpenAI, bringing ChatGPT capabilities to other parts of its ecosystem. For example: Siri Integration: Siri can tap into ChatGPT’s knowledge base when it encounters questions it cannot answer on its own, or when a user specifically directs the query to ChatGPT. Writing Tools: System-wide writing tools across apps like Notes and Mail leverage ChatGPT to help users generate, rewrite, or summarize text. Integrating ChatGPT into Image Playground therefore makes strategic sense, allowing Apple to quickly enhance a key AI feature by partnering with a leader in the field, rather than relying solely on its internal models for this specific task. When Can Users Expect the Update? The updated Apple Image Playground featuring the ChatGPT integration is slated for release alongside the new operating system updates, expected this fall with iOS 26 . This timing suggests that the enhanced AI image generation capabilities will be available to a wide range of Apple users relatively soon. Why This Matters for AI Image Generation By incorporating ChatGPT, Apple is giving Image Playground a second chance to impress users and become a more viable competitor in the increasingly crowded landscape of free AI image generation tools. This integration addresses the primary criticisms of the original version by promising better quality, more flexibility, and a wider range of creative options. It positions Apple’s native tool as a more well-rounded service, potentially attracting users who might otherwise turn to third-party apps for their AI image creation needs. In conclusion, Apple’s decision to bolster Image Playground with ChatGPT integration is a significant step. It acknowledges the initial shortcomings while demonstrating Apple’s commitment to improving its AI offerings. The promise of enhanced styles and better generation capabilities arriving with iOS 26 makes Image Playground a tool worth revisiting for anyone interested in accessible AI image generation directly on their Apple devices. To learn more about the latest AI market trends, explore our article on key developments shaping AI features. This post Apple Image Playground Gets a Powerful Boost with ChatGPT Integration first appeared on BitcoinWorld and is written by Editorial Team
GameStop’s latest convertible senior note proposal pushed the stock price down further just days after Q1 revenue missed expectations.
Solana (SOL) and Ethereum (ETH) may see substantial price increases driven by an unexpected factor. This article delves into a crucial element that could be pivotal for these cryptocurrencies. Readers will discover which digital assets are poised for potential growth, sparking curiosity about the mid-term price predictions. Solana Price Analysis: Recent Trends and Key Levels Solana has shown a blend of slight recovery and a significant drop in recent periods. Over the last week, the coin registered a modest gain of 1.56%, hinting at some short-term strength. However, in the past month, it declined by approximately 10.36%, and looking back over a six-month span, the loss approaches 30%. This volatility indicates that while there have been quick upward shifts, they have not been enough to overcome the broader downward pressure. The market continues to struggle with finding stable upward momentum, although it remains active with rapid changes in shorter intervals. At present, Solana trades within a defined range, with immediate support at $115.84 and a second support near $69.81. Resistance levels are identified at $207.90 and $253.93. The current price action indicates a battle between buyers and sellers, with the RSI close to 50 and oscillators suggesting a slight downward trend. Bulls are attempting to break through resistance levels, but bears maintain influence, resulting in an unclear overall trend. Focusing on local support zones for potential bounces and observing key resistance and support levels can guide short-term trading strategies. A resistance hold may open the door to higher targets, while a breach of support could signal further losses. Ethereum Market Trends: Past Adjustments and Key Levels Over the last month, Ethereum posted a modest gain of 4.23%, with a weekly increase of 3.16%. However, the coin faced a decline close to 30% over the past six months, reflecting significant volatility as prices fluctuated between $1923.57 and $2961.91. These fluctuations highlight ETH's resilience during a period where traders assessed opportunities against broader market pressures. Recovery efforts continued amidst a downtrend, indicating a battle for stability. Currently, Ethereum trades within a price zone between approximately $1923.57 and $2961.91. Resistance levels are found at around $3395.39 and $4433.73, while support sits at about $1318.71, with additional support near $280.38. Buyers are trying to push prices higher, but sellers maintain enough influence to limit sharp increases. The market shows a slightly bullish bias, as indicated by the RSI reading of 62.08, but no clear trend exists. Traders may consider a range-bound strategy, focusing on buying near support and selling near resistance while remaining cautious of the recent downward trend. Monitoring technical indicators and volume trends will be essential for making informed trading decisions. Conclusion Solana (SOL) and Ethereum (ETH) have significant potential for growth in the mid-term. Increased adoption and innovative technological advancements are key factors driving this potential. Both coins are positioned to benefit from rising interest and demand in the market. Future price movements will likely reflect these positive developments. Investors may find promising opportunities if these trends continue. The outlook for SOL and ETH appears favorable, and market participants should keep a close watch. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
DWF Labs has disclosed a significant holding of 5 million NEAR tokens alongside an active stake of 6 million NEAR tokens, signaling strong institutional confidence in the NEAR ecosystem. According
The post DWF Labs’ Andrei Grachev Challenges Near Protocol to Cut Inflation of NEAR By 50% To Attract More Investment appeared first on Coinpedia Fintech News Andrei Grachev, a top executive at DWF Labs, has challenged the core developers at Near Protocol (NEAR) to reduce the token’s inflation from 5 percent to 2.5 percent. In an X post on Wednesday, Grachev requested the core developers at Near Protocol to consider theThe move to boost the long term prospects of the project. Grachev reminded the core founders that DWF Labs currently holds 5 million NEAR tokens and has staked an additional 6 million tokens. To spice up the proposal, Grachev told the core developers that DWF Labs would purchase an additional 10 million NEAR tokens. Meanwhile, Bowen Wang, a developer at Near Protocol, welcomed the idea of reducing the token’s inflation but highlighted that the final move is up to the community. Moreover, the current inflation is part of the incentive plan to attract more holders to stake NEAR tokens and secure the protocol. I think it could be a good idea to reduce inflation to make the tokenomics more sustainable, but it is up to the community to decide — Bowen Wang (@BowenWang18) June 11, 2025 Closer Look at NEAR Price Action Amid the highly anticipated altseason 2025, catalyzed by rising institutional demand and imminent reversal of the Bitcoin dominance, NEAR price has signaled bullish sentiment. The mid-cap altcoin, with a fully diluted valuation of about $3.2 billion and a 24-hour average trading volume of about $186 million, gained over 5 percent in the last seven days to trade about $2.57 at the time of this writing. Super interesting level for $NEAR here. Confluence of both diagonal and horizontal levels. After the double bottom, if we break here it would be a super positive sign for a bullish trend resumption. Time to pay attention! pic.twitter.com/GfRvzGRHZX — Sjuul | AltCryptoGems (@AltCryptoGems) June 11, 2025 From a technical analysis standpoint, the NEAR price is on the cusp of a major uproar if it consistently closes above the established falling logarithmic trend. In the daily timeframe, NEAR price has formed a potential inverse head and shoulders pattern, signaling bullish sentiment in the near term. The bullish sentiment is also bolstered by the weekly MACD line that recently crossed the signal line amid growing bullish histograms.
Stripe acquires Privy and Bridge to integrate crypto solutions into payment systems. The acquisitions aim to enhance accessibility and streamline global financial transactions. Continue Reading: Stripe Expands Crypto Horizons with Bold Acquisitions The post Stripe Expands Crypto Horizons with Bold Acquisitions appeared first on COINTURK NEWS .
As Bitcoin coming closer to all-time high, altcoins might not reach same growth pace
Whale accumulation triggers a wave of bullish sentiment, short liquidations, and retail confidence.