Public companies using leveraged positions to acquire Bitcoin could put the markets at a systemic risk, according to the Coinbase monthly outlook for June. The crypto exchange stated that there’s a possibility of both forced and discretionary selling pressure in the crypto market, even as overall sentiment appears positive for the second half of 2025. Coinbase’s research team has identified roughly 228 publicly traded companies that now hold over 820,000 BTC collectively. Only 20 financial firms have a subset actively mimicking the high-risk, debt-financed accumulation model used by firms like Strategy (formerly MicroStrategy). These companies issue debt, often in the form of convertible notes, to raise capital used almost exclusively for crypto accumulation. Institutional leveraged crypto holdings could lead to sell-offs According to Coinbase, these firms have little to no operating revenue outside of their digital asset holdings and are trading at a premium relative to their underlying net assets. Accounting standards introduced by the Financial Accounting Standards Board (FASB) in December 2023 allow companies to report digital assets at fair market value. It removed prior constraints that required marking down losses without recognizing unrealized gains. The accounting change, effective from December 2024, helped companies create Bitcoin-focused treasury strategies and what Coinbase terms “publicly traded crypto vehicles” (PTCVs). Coinbase mentioned two risks with PTCVs, the first being forced selling, where companies may have no choice but to offload holdings to service debt if refinancing is unattainable. Much of this debt, issued during periods of low interest rates, will come due between 2029 and 2030, but some notes have early redemption features as soon as 2026. Chart data in the report shows that firms like Strategy, Riot, and Semler Scientific have billions in outstanding convertible notes. Debt of corporations and maturity dates. Source: Coinbase monthly report Long-term maturity may reduce the immediate risk, but Coinbase warns that if market conditions deteriorate or interest rates spike, they may be forced to sell assets as they would likely fail to refinance debts. The second risk is motivated discretionary selling, where firms might choose to sell portions of their crypto to fund operations or cash flow needs. Even without financial distress, given their large accumulation numbers, such liquidations could trigger negative market sentiment. If prices fall, other entities may rush to exit. “Even a relatively small unexpected sale by one of these entities could destabilize investor confidence and lead to a broader liquidation event,” Coinbase wrote. Relief from economic stability Coinbase reiterated that the US economy has shown stronger-than-expected growth, with recession fears largely receding. The Federal Reserve Bank of Atlanta’s GDPNow estimate rose from 1.0% in early May to 3.8% by June 5. Coinbase believes the change supports asset prices and reduces the likelihood of an economic downturn. That said, the US Treasury yield curve, especially with 30-year bond yields, clocked 5.15% on May 21, a two-decade high. Rising long-term rates could tighten financial conditions, increase borrowing costs, and stifle the growth of debt-heavy PTCVs. According to a chart within the report, there is a correlation between macroeconomic stress and crypto market volatility. If long-dated yields rise too quickly, equity and credit markets could experience a slump, indirectly affecting leveraged crypto firms. Number of standard deviations based on 180d average of period prior to recession. Source: Coinbase monthly report Still, Coinbase insisted that the outlook for Bitcoin is mostly positive, owing to the decline of the US dollar’s dominance and a boost in global liquidity. On the flipside, altcoins may struggle to match Bitcoin because they have weaker institutional demand and higher volatility. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
Cryptopolitan 2025-06-13 16:48
Kevin Svenson predicts Bitcoin could reach $142,500 by late 2024. The S&P 500's performance could positively influence Bitcoin's price. Continue Reading: Bitcoin Shoots Skyward: Analyst Sees Stratospheric Price Targets The post Bitcoin Shoots Skyward: Analyst Sees Stratospheric Price Targets appeared first on COINTURK NEWS .
CoinTurk News 2025-06-13 16:45
COINOTAG News reports that, according to The Wall Street Journal, former U.S. President Donald Trump disclosed prior knowledge of Israel’s military intentions against Iran. In a concise phone interview, Trump
CoinOtag 2025-06-13 16:43
Coinbase has unveiled the Coinbase One Card, a groundbreaking crypto rewards card offering up to 4% Bitcoin cashback, signaling a new era in digital asset integration. This innovative card aims
CoinOtag 2025-06-13 16:38
Bitcoin continued its volatile path on June 13, 2025, hovering around $104,888 to $105,149 over the past hour as of 9:15 a.m. Eastern time. With a market capitalization of $2.089 trillion and 24-hour trading volume reaching $51.975 billion, the leading cryptocurrency traded within an intraday range of $103,081 to $108,369, reflecting sharp intraday swings and
Bitcoin.com 2025-06-13 16:30
Cardano’s founder Charles Hoskinson recently outlined a strategic initiative to enhance the platform’s decentralized finance (DeFi) landscape by reallocating $100 million worth of ADA from the treasury. This capital is
CoinOtag 2025-06-13 16:25
It was another significant week from a global geopolitical standpoint that, expectedly, impacted the ever-volatile cryptocurrency market. The main focus in the past several days was the US-China trade deal, which finally saw a positive breakthrough at the start of the week when the two superpowers met in London to discuss terms. Just a few days later, the POTUS announced on his social media platform that the delegates had reached an agreement that needed to be signed by him and Chinese President Xi Jinping. These developments influenced BTC’s price to a large extent as the asset started the business week at around $105,500 but quickly started to gain traction as the events progressed. By Tuesday morning, the cryptocurrency knocked on the $110,500 door, but it was shut in its face. The scenario repeated a few more times by Wednesday, when Trump said the US is happy with the terms, and the nation’s CPI numbers for May went live, which were slightly better than anticipated. However, bitcoin couldn’t resume its run and started to nosedive. The landscape worsened on Friday morning when Israel hit several Iranian military targets, claiming to have killed numerous high-level generals and nuclear scientists. Trump said he gave Iran “chance after chance” to sign the nuclear deal, and he urged the local authorities to do so “before there’s nothing left.” As the dust is currently settling, BTC’s price managed to recover some ground since the early morning low of under $103,000 and now stands around $105,000. This puts it actually slightly in the green on a weekly scale, but nothing compared to the massive gains registered by HYPE. The high-flyer notched a 15.5% weekly surge and even tapped a new all-time high above $42 earlier this week. The other big gainers on a weekly scale include UNI, AAVE, and BCH, while SOL, SUI, TON, SHIB, ADA, DOGE, and TRX are in the red. Market Data Weekly Market Overview: Source: QuantifyCrypto Market Cap: $3.382T | 24H Vol: $173B | BTC Dominance: 61.6% BTC: $104,800 (+1%) | ETH: $2,540 (+2.8%) | XRP: $2.15 (-0.06%) This Week’s Crypto Headlines You Can’t Miss Institutional Appetite Grows as Bitcoin ETFs Rebound with $1.07B in 4 Days . The spot Bitcoin ETFs had a rough start to June, but the trend changed once again as the current business week progressed. In the span of just a few days, they managed to attract over a billion dollars in net inflows, led by BlackRock’s IBIT. BlackRock’s IBIT Becomes Fastest ETF to Hit $70B AUM as Flows Turn Positive . Speaking of the world’s largest Bitcoin ETF, it broke another record this week as it became the fastest exchange-traded fund to hit $70 billion in AUM in less than 18 months after its launch last January. Spot Ethereum ETFs Outshine Bitcoin with $240M Daily Flow . While we are on the subject of ETFs, let’s take a look at one of the impressive daily performances by the Ethereum counterparts. After registering a massive 18-day positive inflows streak, the ETH ETFs managed to outpace the BTC products on June 11 by capturing over $240 million in net daily inflows. Ripple’s XRP Ledger Welcomes the World’s Second-Biggest Stablecoin . Circle’s USDC officially launched on Ripple’s layer-1 network – the XRP Ledger. As a result, the second-largest stablecoin is now available on 22 blockchains. Michael Saylor’s Strategy Buys $110 Million Worth of Bitcoin . Let’s rewind to Monday when Saylor’s Bitcoin-focused brainchild announced another acquisition, worth roughly $110 million. Consequently, the company’s stash has shot up to precisely 582,000 BTC, purchased for $40.79 billion. Mercurity Fintech to Raise $800M for Strategic Bitcoin Treasury Reserve . There’s a growing trend among large corporations to accumulate more and more BTC. After Metaplanet and GameStop joined Strategy, Mercurity Finance outlined plans to raise $800 million for its own strategic Bitcoin treasury reserve. Charts This week, we have a chart analysis of Ethereum, Ripple, Cardano, Hype, and Solana – click here for the complete price analysis . The post HYPE’s Latest ATH and Bitcoin’s Volatile Journey Amid Escalating Global Tension: Your Weekly Crypto Recap appeared first on CryptoPotato .
Crypto Potato 2025-06-13 16:24
The cryptocurrency market faced significant volatility on June 13, with Bitcoin and Ethereum prices sharply declining amid escalating geopolitical tensions between Israel and Iran. Market dynamics were further influenced by
CoinOtag 2025-06-13 16:13
Sharplink Gaming (SBET) became the largest corporate holder of ETH after completing a financing round, followed by a direct purchase. Sharplink dedicated over $463M for ETH purchases, with the goal of setting up a long-term treasury strategy. Sharplink Gaming (SBET) is the biggest corporate holder of Ethereum, after a financing round to acquire an ETH treasury. Sharplink raised $463M to acquire a total of 176,271 ETH, becoming the biggest ETH buyer as a crypto outsider. The company bought ETH at an average price of $2,626, already suffering from the recent slide to a lower range. The recent purchase has the potential to become the “Microstrategy moment” for Sharplink, although it is tapping the new trend of ETH and altcoin treasuries. Sharplink already announced its plans to raise up to $1B for its eventual treasury, so it has more leeway for future acquisitions. Sharplink Gaming joined the trend of tapping altcoins as reserves, joining DeFi Dev Corp with its SOL strategy and other corporate buyers looking into SOL, XPR, or other assets. Sharplink is the first NASDAQ-listed company to adopt an ETH treasury strategy, with more potential buyers expected. Sharplink shares crash despite ETH treasury hype Despite the announcement, both ETH and the SBET market price showed weakness. ETH traded in the $2,500 range after a market-wide slump. SBET erased its recent gains, sliding by 66% in pre-market hours. Just weeks ago, SBET traded above $124, ending up with a 91% crash since its all-time peak. SBET may have already speed-ran its Strategy moment, as crypto buying is no longer the guaranteed booster for stock prices. SBET shares crashed in pre-market trading, erasing 91% from their all-time high above $124. | Source: Marketwatch One of the main reasons may be the way Sharplink Gaming structured its financing. The first round of funds was raised through a Private Investment in Public Equity (PIPE), where private investors got shares at a potential discount. The subsequent dilution caused the private buyers to shed their SBET shares, crashing the price for retail holders. The fundraising round was led by Consensys and included a mix of fiat and direct ETH payments in exchange for SBET shares. Other participants included ParaFi Capital, Electric Capital, Pantera Capital, Arrington Capital, Galaxy Digital, Ondo, White Star Capital, GSR, Hivemind Capital, Hypersphere, Primitive Ventures, and Republic Digital. The high-profile fundraising initially boosted SBET, only later leading to the sharp price decline. ETH treasuries are in fact more common, a relic of the ICO era and early distribution. The Ethereum Foundation is currently the biggest holder, with $592.6M in ETH. Building a treasury through shares is one possible tool to use idle ETH, while tapping external share financing. For some companies, the SBET crash can be a warning about dilution. An ETH treasury can also be used for staking or other forms of passive income. SharpLink Gaming expressed its belief in the Ethereum ecosystem as a hub for finance, e-commerce or other applications. The recent stock crash may affect future attempts to expand the treasury. Currently, Sharplink holds an amount of ETH comparable to old ICO projects or investment funds. ETH is seen as a less reliable store of value, especially after its long slide against BTC. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Cryptopolitan 2025-06-13 16:10
The U.S. government has officially launched its Strategic Bitcoin Reserve, utilizing over 200,000 seized BTC to establish a sovereign digital asset holding. This initiative aims to enhance market stability and
CoinOtag 2025-06-13 16:06
The Hash Ribbon “buy” trigger – a signal embedded in Bitcoin’s network hashrate dynamics – has flashed again, and technical analyst Astronomer Zero believes it could pave the way to at least $170,000 per coin. A chart the analyst posted on X on 12 June overlays every prior weekly‐time-frame Hash Ribbon entry since 2020 on the BTC/USDT perpetual contract at Binance, illustrating why the signal is treated with almost talismanic respect by some quantitative traders. Bitcoin Surge To $170,000 Imminent? The graphic shows five earlier occurrences of the capitulation-to-recovery crossover embedded in the Hash Ribbon algorithm. Each is marked on the price pane by a cobalt-blue “Buy” dot directly beneath the weekly candles and linked to the ensuing rally by a violet measuring arrow. After the signal in late-2020, Bitcoin accelerated by 235% from the $18,000 consolidation floor to challenge the then-all-time-high zone just above $60,000 before any major pull-back unfolded. Mid-2021’s ribbon event proved more modest – roughly 59% from a $30,000 base into resistance near $48,000 – yet it still respected the rule that the market rewards the crossover with significant upside. Related Reading: Bitcoin Funding Rate Flips Again And History Says A Rally Is Around The Corner The next two signals, printed in late-2022 and early-2023, were far stronger: a 260% surge from the capitulation trough below $18,000, followed by a 175% leg in mid-2023 that carried price cleanly to the long-standing supply shelf in the $60,000 area. In mid-2024, the hash ribbon signal led to a 100% rally above $100,000. Most recently, the ribbon crossed again three weeks ago, with Bitcoin quoted at roughly $105,000 on the weekly close. The analyst annotates current price at $106,873 and draws a fresh horizontal barrier at the $160,000–$165,000 band – the level that would align with the mean magnitude of earlier post-signal advances. Were the market merely to match the smallest historical percentage move (≈ 60%) from the present crossover, spot would extend to the $170,000 region indicated in crimson on the chart. Related Reading: Bitcoin Is Wildly Undervalued, Says Bitwise: ‘Fair Price’ Today Is $230,000 Hash Ribbon logic is mechanical. When the 30-day moving average of network hashrate climbs back above the 60-day average after a period of miner capitulation, on-chain observers read it as an all-clear that forced selling pressure has exhausted. In the past, that transition has coincided with aggressive spot accumulation visible on-chain and in derivatives positioning. Sceptics will note that correlation is not causation and that a six-figure quote for Bitcoin already bakes in ETF inflows, a looming halving supply shock and a global liquidity cycle that could yet tighten. Still, Astronomer Zero’s chart underscores an objective fact: in the last half-decade the Hash Ribbon “buy” has never mis-fired. Whether history’s rhythm repeats or merely rhymes, traders are watching the $170,000 level marked on the chart as the next test of that record. At press time, BTC was down 3.1% over the past 24 hours, trading at $104,898. Featured image created with DALL.E, chart from TradingView.com
NewsBTC 2025-06-13 16:00
A new bill meant to improve the personal security of French crypto entrepreneurs, targeted in a string of recent kidnapping attacks, has been drafted and filed in Paris. The legislative initiative coincides with ongoing arrests of suspects in multiple cases that are still under investigation, while authorities are working hard to end the wave of violence that shook France and its crypto space this year. French officials scramble to deal with daring kidnappings The series of kidnapping attempts on crypto figures and their close ones over the past few months, including a Ledger co-founder and his partner, has spurred the French society to elaborate measures to ensure their lives and security are sufficiently protected in the face of the still-present threat. Reacting to the criminal phenomenon, officials are now taking concrete steps to strengthen the confidentiality of the personal details of these executives and their families, while trying to maintain balance between security and transparency, the French crypto news outlet Journal du Coin noted. One of the proposals pitched in the public space in response to calls from corporate circles has been gaining support among politicians in Paris. The idea is to remove the addresses of owners and managers of crypto firms from official trade registers. According to the French financial daily Les Echos, the kidnappers may have used the files to identify the places of residence of their victims. On June 11, French Justice Minister Gérald Darmanin announced a new decree to swiftly implement the demanded change. Translated post of French Justice Minister Gérald Darmanin urging the removal of the addresses of owners and managers of crypto firms from official trade registers. Source: Gérald Darmanin (X/Twitter) New law to preserve the privacy of crypto businessmen Also on Thursday, French lawmaker Paul Midy from the center-right Renaissance party submitted a bill designed to protect the privacy of business leaders by deleting their personal addresses from the publicly available company records. Unlike previous proposals in the same direction, which envisaged removal of the sensitive information upon request and on a voluntary basis, this piece of legislation suggests automating the process, La Tribune explained in an article . Following consultations with industry members, Midy wants to restrict access to the data that is currently freely accessible on online platforms aggregating information from official registers, the business weekly detailed. The provisions concern all business officials in general, but especially those whose personal residence also serves as their corporate address, as is often the case with startups and their owners, particularly those active in the crypto market. The law will oblige the operators of official databases, like Inpi, Infogreffe, and Insee, to share with private platforms, such as Société.com, Pappers, and SociétéInfo, only documents in which personal addresses have been redacted. French authorities are yet to explain the sudden spike in crypto kidnappings, including that of David Balland, co-founder of the crypto wallet firm Ledger, and the attempted abduction of the daughter and grandson of crypto exchange Paymium’s CEO. Eric Larchevêque, business partner of Balland, who had a finger cut off while in captivity, took to X to urge the government to “stop the Mexicanisation of France,” criticizing what he described as the “laxity” of French law enforcement. Halte à la mexicanisation de la France. Depuis plusieurs mois, les affaires sordides d’enlèvements et de tentatives d’enlèvement se multiplient. En plein jour. En plein Paris. Sous les yeux de tous. Ce matin encore, une mère de famille de 34 ans, accompagnée de son enfant de… — Eric Larchevêque (@EricLarch) May 13, 2025 So far, 25 individuals have been charged in connection with the cases in France, and an alleged mastermind was arrested in Morocco, but he is yet to be extradited. This week, France 24 reported that the French police have detained more people over last month’s kidnapping for ransom of a crypto entrepreneur’s father. Prompted by the spate of brazen attacks, French Interior Minister Bruno Retailleau summoned crypto bosses in mid-May to discuss their security, emphasizing on the need for taking joint measures to protect them and their families. He also vowed to “find the perpetrators wherever they may be.” Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Cryptopolitan 2025-06-13 15:45
Bitcoin’s Most Reliable Signal Just Flashed—Next Stop: $170,000
