Bitcoin — Page 16

The firm says only about 25% of leased AI/HPC capacity has been delivered, shifting the trade toward execution risk.

On-chain data show 125,000 BTC absorbed in early June, but BTC remains below the 100-week SMA near $88,466.

The move opens an onshore pathway for a core crypto price-discovery product long dominated by offshore venues.

Traders flagged $70K as the bounce ceiling while CoinGlass showed $230M in 24-hour short liquidations.

Matt Hougan mapped bottom calls from $30,000 to $59,000 while arguing the cycle top matters more for allocators.

The deal marks IREN’s entry into Europe and adds a local development team as AI cloud revenue grows quarter-over-quarter.

The multi-tranche deal is expected to span 2–30 year maturities, with the long bond around 0.9% over Treasurys.

Positioning near the 200-week EMA and mixed CryptoQuant demand signals set a two-sided week for BTC.

The buy made SpaceX 3.28% of ARKK after shares closed up 19.2% from the $135 IPO price.

Oil sold off at the same time, while traders waited for deal details and Wednesday’s Fed decision.

BTC traded near $64,000 on June 14, leaving the four-cycle “below 61.8%” pattern untriggered.

The proposal adapts NIST’s SPHINCS+ to cut onchain verification costs without a hard fork or precompile.

Traders flagged $65K–$67K as the next structure test as derivatives positioning looked squeeze-sensitive.

The setup pairs a debated bottom formation with weakening risk sentiment, concentrating focus on a single round-number level.

The S-1 values the bitcoin at $1.29B as of March 31 and frames it as excess-cash treasury, not a core business bet.

Kalshi says its newly launched U.S. perps crossed $1B in volume, offering an early demand signal.

The sale, disclosed in a June 1 SEC filing, came as apxUSD depegged amid STRC slipping below $100 par and BTC under $63,000.

The group declined to back freezing or constraining quantum-vulnerable coins, leaving a long-horizon supply debate open.

He points to $5.72B in spot BTC ETF redemptions and post-IPO SpaceX cash dynamics as key confirmation signals.

He pegged post-peak redemptions at roughly $9B while noting SOL, XRP and Hyperliquid ETFs are still adding assets.