hodler

7 Jun 2026, 02:10

7RCC Brings Bitcoin and Carbon Markets Together in New ETF Launch

7RCC Global has launched BTCK, an exchange-traded fund (ETF) that combines 80% bitcoin exposure with 20% regulated carbon credit futures. The fund gives investors a listed product that blends digital assets with environmental commodities. BTCK Debuts on NYSE Arca With 80% Bitcoin and 20% Carbon Credit Exposure 7RCC Global has brought one of the crypto

7 Jun 2026, 02:00

Bitcoin CVDD Data Points To Possible Bottom Amid Market Mayhem – Detail

Bitcoin price performance in June has gotten off to a rocky start, with prices now down 50% from the market’s all-time high. In the last week alone, the premier cryptocurrency has declined by 16%, forcing the price to around $60,000 for the first time since February. Notably, the heavy market loss has coincided with the dominant Bitcoin treasury Strategy offloading $2.5 million in BTC to manage its balance sheet, despite initial chants of “never sell”. Moreover, the upcoming IPO of Elon Musk’s SpaceX is garnering much momentum as a favorable investment at the moment. Using relevant on-chain data, market analyst Rafael, with the X username n3ocortex, has highlighted a market bottom range amid the current persistent downtrend. Historical Data Supports Potential Dip To $35,000 Before Recovery After failing to break past the $82,000 barrier in early May, Bitcoin slipped into another corrective wave, resulting in a 24% price loss to date. In performing an in-depth on-chain analysis , Rafael reveals the asset’s recent decline had pushed prices below the median holder’s breakeven level for the first time since May 2022. Meanwhile, Bitcoin has also crashed below the 200WMA, exposing the asset to a key, deeper cost-basis ladder. The Cumulative Value Days Destroyed (CVDD), valued at $46,200, represents one of these bases and is commonly used to identify long-term market bottoms. 1/ Where is the #Bitcoin bottom? $BTC has fallen to $62K, nearly 50% below its ATH and down 24% in a month. Price has now worked through the upper rungs of our pricing framework, moving into the cluster of valuation levels where past cycles have found their floor. pic.twitter.com/Yo7qJoQesH — Rafael (@n3ocortex) June 5, 2026 According to Rafael, previous market bottoms have usually occurred between the 1.05x-1.18x range of the CVDD. Based on this historical standard, the likely higher market bottom zone for Bitcoin lies between $46,000 and $54,000. On the other hand, a worst-case scenario points to a bottom between $35,000 – $40,000. For context, Bitcoin has only entered this deeper market zone on less than 3% of trading days in this market cycle. Notably, Rafael also points out that Bitcoin’s cycle drawdowns have become progressively shallower, declining from 85% in the first cycle to 77% in the previous cycle and roughly 50% in the current cycle. While this trend of market maturation does not eliminate the possibility of Bitcoin revisiting a capitulation scenario, the weight of the evidence currently supports the higher bottom range zone. Bitcoin Market Overview At press time, Bitcoin trades at $60,537, reflecting a 4.7% decline in the past 24 hours. Meanwhile, daily trading volume is down 4.69% to $1.21 trillion. Alongside the CVDD, other important on-chain metrics revealed by Rafael include the Realized price ($54,000), Balanced price ($40,000), and the Delta price ($35,000). To re-establish bullish intent for a recovery, the seasoned analyst explains that Bitcoin must reclaim the price zone between $75,000 and $78,000, where the STH cost basis, True Market Mean, and the 200DMA converge.

7 Jun 2026, 02:00

‘Decentralized blockchain is inevitable future’- Hunter Biden signals support for Bitcoin

The industry is actively working to not repeat mistakes it encountered during the Biden era.

7 Jun 2026, 01:10

6 Senators Challenge 1,250% Bitcoin Capital Rule They Say Blocks Banks From Crypto

A growing dispute in Washington over bank capital requirements could have major implications for institutional bitcoin adoption. Senators are challenging a 1,250% risk weight that they argue makes holding BTC prohibitively expensive for regulated banks. Senate Pressure Builds Over Bank Rules That Could Shape Bitcoin Access U.S. senators disclosed on June 4 a renewed push

7 Jun 2026, 00:40

Circle Mints 250 Million USDC: What It Means for Market Liquidity

BitcoinWorld Circle Mints 250 Million USDC: What It Means for Market Liquidity Blockchain tracking service Whale Alert reported on Wednesday that 250 million USDC was minted at the USDC Treasury. The transaction, recorded on the Ethereum blockchain, adds a significant amount of the stablecoin to the circulating supply. Details of the Mint According to Whale Alert’s data, the 250 million USDC was minted in a single transaction. Circle, the company behind USDC, regularly mints and redeems the stablecoin based on market demand. This mint follows a pattern of large-scale issuance observed throughout 2025, as both retail and institutional demand for dollar-pegged digital assets remains strong. Market Implications and Liquidity Large stablecoin mints are often interpreted as a signal of incoming buying pressure, as capital is prepared for deployment into cryptocurrency markets. However, they can also be used for operational purposes such as facilitating cross-border payments, treasury management, or DeFi liquidity provisioning. The 250 million USDC mint adds to the already substantial supply of over $40 billion in circulation. Impact on DeFi and Exchanges An increase in USDC supply typically enhances liquidity on decentralized exchanges and lending protocols. Traders and liquidity providers may benefit from tighter spreads and deeper order books. This mint could also be a precursor to large-scale institutional activity, as USDC is widely used by funds and corporations for on-chain settlements. Conclusion The minting of 250 million USDC is a routine but notable event in the stablecoin ecosystem. While it does not directly indicate a market movement, it reflects ongoing demand for regulated, transparent digital dollars. Market participants should monitor where these tokens flow next, as they may signal upcoming trading or investment activity. FAQs Q1: What does it mean when USDC is minted? Minting USDC means new tokens are created by Circle, backed by an equivalent amount of US dollars or approved assets held in reserve. It increases the circulating supply. Q2: Does a USDC mint always lead to a crypto price increase? Not necessarily. While mints can precede buying activity, they are also used for operational needs. It is one of many data points to consider, not a guaranteed signal. Q3: Who can mint USDC? Only Circle, the issuer of USDC, can mint the stablecoin. The process is governed by smart contracts and requires collateralization with fiat reserves. This post Circle Mints 250 Million USDC: What It Means for Market Liquidity first appeared on BitcoinWorld .

7 Jun 2026, 00:10

Bitcoin Sell-off Theory Points to Spacex, OpenAI, Anthropic IPO Mania Draining Crypto Cash

Bitcoin’s sharp decline is fueling debate over whether investors are selling liquid crypto positions to chase the Spacex IPO and emerging AI opportunities. The theory points to liquidity pressure, ETF outflows, and Strategy’s small BTC sale as contributing factors. Bitcoin Bleeds as Spacex IPO and AI Demand Spark Capital Rotation Debate Bitcoin’s steep weekly drop