crtypto & forex news

TL;DR Bitcoin has lost the $63,500 support level that had repeatedly attracted buyers, according to The Martini Guy. A related heatmap post pointed to liquidity building between roughly $65,500 and $66,500 above price. The setup leaves traders weighing a failed support defense against a possible upside liquidity sweep. Bitcoin has lost a support level that traders had been watching closely, with The Martini Guy warning that buyers failed to defend the $63,500 area while liquidation heatmaps show liquidity building above current price. A Support Level Finally Gives Way The first part of the setup is simple: $63,500 had been treated as an important Bitcoin support area. According to The Martini Guy, previous dips into that region had been bought, but this time buyers did not step in with the same force. Loading Tweet… View original post on X This report is based on market analysis from The Martini Guy, available at The Martini Guy on X That change m...

TL;DR Bitcoin Suisse has received a MiCAR CASP license from Liechtenstein’s Financial Market Authority. The approval gives the Swiss crypto firm a clearer route to serve selected EEA markets from its European entity. The move shows how major crypto firms are using MiCAR to turn compliance into a European expansion strategy. Bitcoin Suisse Gets Its MiCAR Pathway Bitcoin Suisse is expanding its European footprint after securing a Crypto Asset Service Provider license under MiCAR from the Liechtenstein Financial Market Authority. The company announced the approval through Business Wire , saying its European entity will use the license to serve selected markets across the European Economic Area. The approval is another example of how Europe’s crypto regulatory framework is changing the competitive landscape. MiCAR creates a more unified rulebook for crypto-asset service providers, which means firms that secure authorization in one member state can build a broader passp...

TL;DR Merlijn Trader says Bitcoin has thin liquidity above price and a larger liquidation wall near $60,000 below. The setup could create a move higher first before a sharper downside sweep, according to the analyst. The article treats this as a risk map, not a guaranteed BTC price prediction. Bitcoin’s latest market structure has triggered a fresh warning from analyst Merlijn Trader, who says BTC may be sitting in a liquidity trap where thin upside resistance masks deeper downside risk near $60,000. The Liquidity Trap Setup Merlijn Trader’s argument is built around where liquidity appears to be sitting, not simply whether Bitcoin looks bullish or bearish on a standard chart. According to the analyst, the area above current price is relatively thin, meaning there may be less resistance to a push higher in the short term. Loading Tweet… View original post on X This report is based on market analysis from Merlijn Trader, available at Merlijn Trader on X ...

TL;DR Bitcoin’s slide toward the low-$62,000 area triggered more than $700 million in crypto liquidations over 24 hours. The wipeout shows how crowded leverage can turn a normal pullback into a market-wide reset. Traders are now watching whether the flush clears excess risk or opens the door to a deeper support test. Leverage Gets Hit As Bitcoin Slides Bitcoin’s latest decline has turned into a broad leverage reset, with more than $700 million in crypto positions liquidated over a 24-hour period as BTC slipped toward the low-$62,000 area. CoinGlass reported the liquidation wave as Bitcoin fell 3.3% on the day and Ether dropped even harder, highlighting how quickly stress can spread across the market. The key point is not just the size of the move in spot prices. It is the structure underneath. When traders are heavily positioned in the same direction, relatively small price breaks can force exchanges to close leveraged positions automatically. That liquidation pr...

TL;DR A Japanese corporate pension fund reportedly plans a 1% crypto allocation in fiscal 2026. The fund manages about ¥21.3 billion, or roughly $130 million, for around 1,200 small and medium-sized businesses. The move should be framed as a modest corporate pension allocation, not a national sovereign-style shift. A Small But Notable Institutional Crypto Step A Japanese corporate pension fund is reportedly preparing to allocate roughly 1% of its assets to cryptocurrency in fiscal 2026, marking a modest but symbolically important move in one of the world’s more conservative institutional markets. The fund, described in the source packet as the Okayama-based Nationwide Business Corporate Pension Fund , manages around ¥21.3 billion, or about $130 million, for roughly 1,200 small and medium-sized businesses. The reported crypto allocation would therefore be small in absolute terms, but the signal is still notable: a corporate pension vehicle is considering digital ass...

TL;DR CZ discussed freezing unmoved legacy Bitcoin after a future quantum-resistant migration window. The idea is theoretical and is not a formal Bitcoin Improvement Proposal or active protocol change. The debate touches Bitcoin’s hardest questions: security, immutability and property rights. A Theoretical Bitcoin Security Debate Goes Viral Binance founder Changpeng Zhao has sparked debate after floating a theoretical scenario in which unmoved legacy Bitcoin could be frozen after a future migration to quantum-resistant cryptography. The comments came during a June 18 appearance on Galaxy Brains , where CZ discussed long-term risks around early Bitcoin addresses and the possibility that quantum computing could one day threaten today’s signature schemes. The topic is especially sensitive because it touches Satoshi Nakamoto’s presumed coins. Many early Bitcoin outputs used pay-to-public-key formats that expose public keys on-chain . If a sufficiently powerful quantu...

One of Ethereum’s most notorious MEV bots, known as JaredFromSubway, has reportedly been drained for around $7.5 million after attacker-controlled contracts tricked its automated system into granting token approvals. TL;DR The JaredFromSubway MEV bot was reportedly drained for about $7.5 million. Security firm Blockaid said the bot was tricked into approving malicious trading routes. The attacker then used those approvals to pull assets from the bot contract. The incident appears to target the bot’s own automation, not Ethereum itself. CoinDesk reported that Blockaid identified the exploit, saying attacker-controlled contracts tricked the bot into approving fake trading routes. Those approvals were later used to drain WETH, USDC and USDT from the bot’s contract. The incident has drawn attention because JaredFromSubway has long been associated with aggressive sandwich trading on Ethereum . The irony is hard to miss. MEV bots are built to exploit tiny timing and rou...