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World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeBitcoin Holds Key Price Floor Despite Weak Bullish Signals: Bitfin

World Cup Predictions: 100,000 USDT Daily

HTX Invites You to Share 600K USDT in Gift Packs

BTC Prophet: 20-Day 380 Million HTX Challenge

Bitcoin Holds Key Price Floor Despite Weak Bullish Signals: Bitfinex AlphaOver the past week, bitcoin ($BTC) has traded between $62,000 and $72,000. Despite bullish conditions not being fulfilled, the leading digital asset has managed to hold its floor.

Analysts at the crypto exchange Bitfinex revealed in the latest Bitfinex Alpha report that the current crypto market environment is being reshaped by shifting Federal Reserve expectations and inflation risks. These factors have created near-term pressure for risk assets like gold and $BTC; regardless, the floor of the latter has remained intact.

Bitcoin in Limbo
On-chain data shows that neither bulls nor bears are firmly in control. With $BTC trading within the $62,500–$72,000 consolidation zone, the market appears to be in limbo, rather than a sustained bearish phase.

Bitfinex analysts outlined two bullish tests for a potential sustained uptrend on lower timeframes, but they all failed. The tests were a sustained spot exchange-traded fund (ETF) market bid and a calming of the derivatives complex, with funding moving from neutral to negative.

In the face of the failure, there are now two opposing forces pulling at market sentiment on inflation: the potential of softening energy risks following a peace deal between the U.S. and Iran and the Fed’s focus on inflationary heat rather than the immediate relief in crude prices.

For $BTC to continue holding its floor, the Fed needs to be willing to “hold its nerve,” according to experts. It remains to be seen how the market will move until this happens.

Bitcoin Holds Key Price Floor Despite Weak Bullish

On Jun 1 (upd Jun 2), reports said a Gnosis Pay delay-module exploit hit users; the team vowed to reimburse losses. On May 29, Gnosis highlighted its app for EU card-spend use cases. Square sentiment 

On June 24, Lindsay Rosner, the head of multi-sector investments at Goldman Sachs Asset and Wealth Management, warned that the "likelihood of the Federal Reserve raising interest rates in July is quit

Goldman Sachs Investment Chief: 50% Chance of Fed Rate Hike in July, Wealth Effect from Rising Stock

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The U.S. dollar strengthened on Tuesday, reaching its highest level in more than a year as investors continued to react to the Federal Reserve’s unexpectedly hawkish stance. Growing expectations of fu

US Dollar Climbs to One-Year High as Fed Rate Hike Expectations Surge - EconoTimes

$TUT IS BUILDING MOMENTUM AS THE FIRST ASSET LAUNCHED ON AGNT SOCIAL 📈 $TUT is currently showing a 2.51% increase, driven by strong on-chain narrative and founder-led sentiment. The integration with A

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
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 A new Ethereum Research proposal explores validator redirected revenue as a way to fu

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Ric Edelman has predicted that up to 95% of institutions without crypto exposure could enter the market if the CLARITY Act becomes law.
 
 
 
 
 
 
 Summary
 
 
 
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Ric Edelman predicts CLARITY Act may unlock crypto floodgates

On June 24, SpaceX issued $25 billion in investment-grade bonds, marking the company's final step in replacing high-cost debt. This high-cost debt was used to finance Elon Musk's acquisition of X (for

SpaceX Issues $25 Billion Bond to Restructure Debt and Lower Interest Costs

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T is drawing cautious, bearish chatter as funding turns negative and shorting rises; engagement is low. With no verified updates in the last 30 days, focus stays on weakening market structure and whet

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeCFTC sues Kentucky after state’s prediction market lawsuits The Co

CFTC sues Kentucky after state’s prediction market lawsuits

The Commodity Futures Trading Commission has sued Kentucky, now the ninth state the regulator is battling in its fight over prediction markets.The US Commodity Futures Trading Commission filed a lawsuit against Kentucky on Tuesday after the state sued prediction market operators last week, accusing them of operating unlicensed and illegal gambling platforms.

The lawsuit, filed in federal court, seeks to block Kentucky’s legal action against five prediction markets filed on Wednesday last week, calling for declaratory and injunctive relief. It names Kentucky Governor Andrew Beshear, Attorney General Russell Coleman and the Kentucky Horse Racing and Gaming Corporation, among others.

“Kentucky is the latest state attempting to shut down federally-regulated event contracts,” CFTC Chair Mike Selig said in a statement. “As I’ve consistently pledged, the CFTC is firmly committed to maintaining its exclusive jurisdiction over prediction markets, and today’s lawsuit against Kentucky is yet another example of the Commission protecting its federal interests.”

The CFTC has been ramping up its effort to maintain authority over prediction markets since Selig was appointed as chair in December. Kentucky is now the ninth state that the CFTC has sued over state authorities taking action against prediction markets.

CFTC sues Kentucky after state’s prediction market

$VOXEL – Voxies continues blockchain gaming activity and NFT-based gameplay expansion. #VOXEL $PYR – Vulcan Forged ecosystem grows with gaming, NFT marketplace, and metaverse tools. #PYR $GODS – Gods Unchained remains active in blockchain card gaming ecosystem. #GODS

$VOXEL – Voxies continues blockchain gaming activity and NFT-based gameplay expansion. #VOXEL $PYR – Vulcan Forged ecosystem grows with gaming, NFT marketplace, and metaverse tools. #PYR $GODS – Gods Unchained remains active in blockchain card gaming ecosystem. #GODS

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