Public companies now hold more than 1.2 million Bitcoin — nearly 6% of the total supply — and that number is still climbing. Goldman Sachs projects U.S. data center power demand will hit 66 gigawatts in 2027, more than double its 2025 level, as AI infrastructure construction accelerates at a pace the grid was never built to handle. 

Bitcoin miners and AI hyperscalers are now bidding for the same megawatts, in the same substations, on the same timelines.

Those three storylines — corporate Bitcoin adoption, AI’s takeover of financial services, and a power crunch reshaping energy markets — have been running in parallel for two years. A new event is betting they are now…

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Bitcoin holds above $65,000 despite a hawkish Bank of Japan rate hike that tightened global liquidity conditions.

With crypto sentiment improving from extreme fear to fear, investors are now focused on the Federal Reserve’s upcoming policy decision for the next major market catalyst.

Notable Statistics:

Coinglass data shows 100,849 traders were liquidated in the past 24 hours for $411.24 million.       

SoSoValue data shows net outflows of $64.09 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $22.5 million.

In the past 24 hours, top losers include Audiera, Toncoin and Venice Token.

Notable Developments:

Trader Notes:

Technical analyst Charting…

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Coinbase (NASDAQ:COIN) announced Tuesday it is launching fully backed 1:1 tokenized U.S. stocks on-chain, with holders able to trade, redeem, and collect dividends automatically with no derivatives or IOUs involved.

What Makes Coinbase’s Tokenized Stocks Different From Every Competitor

Most tokenized stock products from Binance, OKX, and Hyperliquid give non-US investors stock performance exposure through derivatives without holding the underlying shares.

Coinbase is promising the opposite, actual shares in reserve backing every token 1:1.

“Own actual tokenized shares of U.S. companies. Trade, hold, and redeem, all on-chain. Automatically receive dividends. No derivatives, no IOUs,”…

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A congressional hearing on digital asset taxation has exposed sharply contrasting views on the future of crypto regulation.

While supporters argue that clear tax rules are essential for maintaining U.S. competitiveness, critics warn that proposed legislation could create special advantages for the industry and increase systemic risks.

Supporters: “We Have To Bring Stability To The Tax Code”

On June 16 in a house hearing, Rep. Max Miller (R-Ohio) said digital asset tax policy should be “coherent, administrable, and technologically neutral” and warned that isolated policy changes could create unintended consequences across the broader tax code.

“Every one in five Ohioans owns a form of…

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Two sources told Reuters on Tuesday that regulators in Greece plan to reject Binance’s MiCA license application, putting the world’s largest crypto exchange at risk of losing access to EU customers before July 1.

MiCA Deadline Is July 1 And Binance Has No Approved License

The EU’s Markets in Crypto-Assets framework requires all crypto firms to hold a valid license to serve European customers. 

The transition grace period expires July 1, after which any exchange operating without authorization breaches EU law. 

The European Securities and Markets Authority warned in April that non-compliant firms must wind down EU operations or migrate customers before that date.

Binance applied…

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Ripple invested in Flutterwave’s Series E round on Monday, embedding RLUSD and the XRP Ledger into Africa’s largest payments infrastructure as XRP (CRYPTO: XRP) pulls back after yesterday’s 9% breakout.

Ripple Embeds RLUSD Into Flutterwave’s Payment Rails Across Africa

Flutterwave processes over one billion transactions worth more than $50 billion and operates across Africa, with Nigeria as its primary hub. 

The Series E round values the company at $3.2 billion, and Ripple’s strategic investment brings three specific integrations to the platform.

RLUSD becomes a primary settlement asset embedded directly into Flutterwave’s payment rails and Send App remittance corridors. 

The…

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Altcoin Season Next Cycle?

In a market update on June 15, Kevin Capital said the altcoin market is beginning to show signs of basing against Bitcoin after a prolonged downtrend.

The Total Others versus Bitcoin chart is approaching the same major support area that marked the beginning of altcoin recovery in 2019. “I do believe there will be an altcoin season next cycle, unlike the last cycle that we just had,” he said.

The analyst pointed to the end of the Federal Reserve’s quantitative tightening program as a key macro shift. Liquidity conditions are becoming less restrictive, which historically benefits risk assets such as small-cap stocks and crypto.

He also noted that the Russell 2000 has…

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