crtypto & forex news

TL;DR 21Shares says Bitcoin remains under pressure but still has a path back toward the $100,000 area in a recovery scenario. The firm points to ETF flows, cycle structure and liquidity conditions as key variables. The bull case depends on Bitcoin defending structural support and rebuilding momentum after the sell-off. 21Shares Keeps The Recovery Case Alive Bitcoin’s recent sell-off has damaged sentiment, but 21Shares argues that the market still has a path toward recovery if key structural supports hold. In a research note titled “Bitcoin under pressure: hold or fold?”, the asset manager outlined the pressure facing BTC while also keeping a higher-price recovery scenario on the table. The note is useful because it does not simply repeat a bullish target without context. It frames Bitcoin’s weakness around ETF outflows, geopolitical pressure, liquidations and broader risk-off conditions. That makes the recovery argument more measured: BTC can still rebound, but on...

TL;DR Crypto markets are heading into a macro-heavy stretch with PCE inflation and labor data due soon. Bitcoin and Ether remain sensitive to rate expectations, dollar strength and risk-asset positioning. The setup matters because recent sell-offs have already left leverage and sentiment fragile. Macro Risk Moves Back To The Front Bitcoin traders are moving into another macro-heavy window, with inflation and labor-market data set to test a market already weakened by recent liquidations . Kraken’s June 24 economic brief highlighted the upcoming PCE inflation release and jobs-related data as key events for crypto traders, particularly for dollar-sensitive pairs such as BTC/USD and ETH/USD. The reason is simple: crypto liquidity still reacts strongly to expectations around Federal Reserve policy. When traders believe rates will stay high for longer, capital tends to move away from speculative assets. When inflation cools and rate-cut expectations improve, Bitcoin , E...

TL;DR THORChain trading has resumed after a lengthy halt linked to a $10.7 million exploit. The restart brings swaps and liquidity actions back online, but confidence now depends on post-incident execution. RUNE traders are watching whether activity returns without another security setback. THORChain Comes Back Online THORChain is back in focus after trading activity resumed following a multi-week halt tied to a reported $10.7 million exploit. The restart is a major moment for the cross-chain liquidity protocol because the real test after any DeFi security incident is not just whether developers can patch the issue. It is whether users and liquidity providers trust the system enough to return. The protocol’s role is straightforward but risky: THORChain lets users swap assets across chains without relying on wrapped-token bridges in the usual sense. That design has always made it one of the more ambitious liquidity networks in DeFi, but it also means security assu...

TL;DR Bitcoin sentiment has fallen into extreme fear, but on-chain selling from long-term holders is reportedly slowing. That combination can point to a market trying to form a base, although macro pressure still matters. Traders are watching the $60,000 area as the next key support zone after recent leverage flushes. Fear Is High, But Old Coins Are Quieter Bitcoin is trading through another nervous stretch, but on-chain behavior from long-term holders may be sending a different signal from headline sentiment. Market fear is elevated after the latest sell-off, yet data cited by on-chain analysts suggests older Bitcoin wallets are not rushing to distribute at the same pace seen in previous stress periods. That matters because long-term holder selling is one of the cleaner ways to judge whether experienced market participants are abandoning a cycle or simply riding out volatility . When older coins move aggressively into weakness, it can suggest deeper concern. When...

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 ...