π§ 1. Pompliano Launches $1B Bitcoin Treasury Firm
Investor Anthony Pomplianoβs ProCap Financial merges with a SPAC to create a $1β―billion bitcoin treasury company. Aiming to leverage BTC through lending and derivatives, the firm has secured backing from major institutions including Susquehanna and Jane Street. Β
π 2. Bitcoin Braces for Fed Rate Pivot
Crypto analysts warn that Bitcoin could surge if the Federal Reserve cuts ratesβnow seen as a 22% chance in July. Historically, June remains calm, but combined with macro tailwinds and institutional inflows, the backdrop could spark a breakout above $110K. Β
π 3. $3.3B Token Unlock Wave Hits Markets
June sees $3.3β―billion in crypto tokens unlockedβa 32% drop from Mayβs peak. With large cliff unlocks from projects like Metars Genesis and Sui, markets may absorb fresh supply, potentially affecting price stability. Β
πͺπΊ 4. Coinbase & Gemini Move to Secure EU MiCA Licenses
Major exchanges Coinbase and Gemini are pursuing MiCA licensing in Malta and Luxembourg. This strategic positioning could grant them pan-European access under the EUβs new regulated crypto framework, signaling increased institutional credibility.