Guotai Junan Securities (Hong Kong), a subsidiary of Guotai Junan International, has reportedly secured approval to offer virtual-asset trading services, making it officially the first Chinese mainland brokerage in Hong Kong to do so. The mainland China brokerage firm upgraded its Type 1 license for dealing in securities to include virtual-asset trading, allowing access to […] source: https://www.cryptopolitan.com/mainland-china-broker-hong-kong-license/

Bit Digital Inc (NASDAQ:BTBT) shares are falling in Wednesday’s after-hours session after the company announced a public offering. source: https://www.benzinga.com/trading-ideas/movers/25/06/46105194/bit-digital-stock-falls-as-company-ditches-bitcoin-for-ethereum?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

U. S. Director of Federal Housing William Pulte is urging mortgage companies to 'prepare' for the big change. source: https://www.bankless.com/read/regulator-orders-fannie-mae-freddie-mac-to-count-crypto-as-mortgage-asset

Investment management company Invesco and crypto-focused firm Galaxy Digital have joined the race for a Solana exchange-traded fund. source: https://www.theblock.co/post/359724/invesco-and-galaxy-enter-race-for-solana-etf-with-new-sec-filing?utm_source=rss&utm_medium=rss

Key Takeaways:Bitcoin liquidity clusters suggest price could wick as high as $111,000 before retracing.BTC price consolidates above $105K, with upside and downside liquidity grab zones forming.Analysts watch June 27 inflation data and monthly close for confirmation of breakout.Bitcoin (BTC) price is consolidating above $105,000, but growing liquidity on exchange order books is signaling a potential whipsaw move to $111,000, according to new data from CoinGlass and multiple crypto analysts.Traders are watching for a liquidity grab — a sharp move triggered by the market's attempt to “hunt” open positions — as both long and short liquidations cluster near key price levels.BTC Price Prepares for Liquidity ShowdownBitcoin has recovered from multi-week lows triggered by geopolitical tensions, with the $105K zone now acting as short-term support. CoinGlass order book heatmaps show growing buy-side liquidity near $103K and sell-side targets at $108K to $111K, hinting at volatility ahead.“$111,000 looks eager to be tagged next,” said trader Jelle, citing visible upside liquidity as price clusters build.Meanwhile, analyst Mark Cullen predicted a short-term move toward the upper $107Ks before a possible retrace:“Wouldn’t be surprised to see BTC push higher then wick down below $105K to grab liquidity,” he said.Neutral Market Positioning Fuels Volatility RiskThe market appears balanced for now, with both longs and shorts opening positions — a setup that typically precedes high volatility.“The more liquidity that gets attracted here, the greater the reaction,” noted trader Skew, who flagged $103K as a key pivot if downside pressure increases.Despite the consolidation, bulls are holding ground, and order book data shows increasing interest in the $111K region, suggesting traders are preparing for a breakout attempt — or a liquidity trap.Monthly Close and Inflation Data in FocusWith BTC up 1.7% month-to-date in June, the monthly close will be a key technical signal. Analyst Rekt Capital highlighted $102,400 as a crucial level, saying a close above it would confirm a range breakout on the monthly chart.The June 27 release of the PCE inflation report, the Fed’s preferred metric, could add fuel to Bitcoin’s next move. If data supports the case for rate cuts, it could catalyze renewed upside into July, according to Cointelegraph.BTC Price Levels to Watch:Support: $105K, $103KResistance: $108K, $111KBreakout Confirmation: Monthly close above $102,400

Chainlink (LINK) is up 21% from its Sunday lows, gaining momentum in an otherwise uncertain macro and geopolitical environment. While global tensions continue to spark volatility across markets, Chainlink has stood out for its resilience, supported by a series of strong partnerships and growing on-chain fundamentals. The recent price action signals a potential shift in trend, but analysts warn that a confirmed breakout is still needed before bulls can fully take over. Related Reading: Bitcoin Buy-Side Pressure Surges: Taker Buy Volume Spikes Sharply Top analyst Henry Lord of Alts highlighted that LINK has endured months of persistent downtrend and unusually quiet price behavior source: https://www.newsbtc.com/chainlink-news/chainlink-reclaims-key-structure-quiet-accumulation-could-fuel-25-30-surge/

With leverage stacking and $5 under siege, is this breakout real or a bull trap in disguise? source: https://ambcrypto.com/aptos-spikes-15-this-one-move-could-decide-if-apt-hits-5-50/

The Federal Housing Finance Agency (FHFA) announced today that it will consider applicants’ crypto holdings in determining their eligibility for a mortgage loan. The agency regulates Fannie Mae and Freddie Mac, two of the biggest pillars of the US mortgage market. The FHFA will only consider tokens stored on US-regulated exchanges for this assessment. However, it won’t mandate applicants convert them to USD, giving crypto another interesting use case source: https://beincrypto.com/fhfa-crypto-mortgage-loan-assessment/

Pulte noted in an X post that the decision was based on an intense review and the desire to … source: https://coinpedia.org/news/fhfa-orders-fannie-mae-and-freddie-mac-to-recognize-crypto-as-mortgage-asset/

In a Wednesday status conference, the judge overseeing the Terraform Labs co-founder’s case has signaled that the GENIUS Act could potentially impact the case. Do Kwon is facing criminal charges in US federal court, and the judge’s comments suggest that the legislation could alter the trajectory of the trial. According to reports, Kwon’s lawyers and […] source: https://www.cryptopolitan.com/genius-act-may-affect-do-kwons-case-charges/

Analysts have questioned the payment prospects of stablecoins, and Circle's price-to-earnings ratio of 180 times has also raised concerns.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

Solana, which was once criticized for multiple outages, is now becoming a "strategic asset" in corporate treasuries and is positioned by some as the "third pillar" after BTC and ETH.

Stablecoin, Zhu Taihui: Stablecoin's business model, development impact and regulatory framework Golden Finance, the future stablecoin development and supervision still need to think about three major issues

Guotai Junan International has been approved to enter the crypto asset industry. Combined with the background of its shareholders and a series of combined punches recently launched by mainland China and Hong Kong (mainland China's reflection on stablecoins, Hong Kong's accelerated promotion of stablecoins, etc.), it is inevitable that people will speculate.

Recommended readings tonight: 1. From BTC, ETH to altcoins, corporate treasuries are stirring up a crypto boom; 2. TIA plunge and disillusionment with crypto narratives; 3. Bitcoin to save the country? A desperate gamble in the global economic crisis;

BTC, Bitcoin saves the country? A desperate attempt in the global economic crisis Golden Finance, troubled countries are betting everything on Bitcoin?

The traditional cryptocurrency narrative is no longer viable, and the industry has come to the point of truly competing for implementation and application.

Stablecoins, the product form closest to RWA in crypto finance, are facing unprecedented regulatory changes.

Smart contract analytics firm Fuzzland has revealed that a former employee orchestrated a $2 million exploit against Bedrock's UniBTC protocol in September 2024.