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Leverage liquidation in Bitcoin: lost 110 million dollars

Investor James Wynn faced over $110 million in losses after his 1044 BTC position liquidated following a Bitcoin drop. Despite this, he still holds a long position of 1591 BTC with 40x leverage, valuing at approximately $167.5 million. Wynn's aggressive trading style in cryptocurrencies, including meme coins like PEPE, has earned him a reputation in the crypto community. The initial expectation of Bitcoin rising above $105,000 failed as the price fell due to various factors, including statements by former US President Donald Trump and deteriorating relations with China. Wynn highlighted the corrupt nature of the markets and suggested opting to buy Bitcoin and store it securely.
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The 10-day series of Bitcoin ETFs has ended.

Spot Bitcoin ETFs in the U.S. experienced a significant net outflow of $358.6 million, ending a 10-day streak of inflows. Only BlackRock's IBIT fund had a positive movement with $125 million inflow. Other ETFs saw negative trends. Ethereum ETFs continued a positive trend with $91.93 million inflow.
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The cryptocurrency bill that Trump wanted has been submitted to Congress.

CLARITY bill introduced in the US aims to bring clear regulations to the crypto sector, addressing consumer protection and enhancing American innovation in digital assets. Key provisions include oversight by SEC and CFTC, fraud prevention mechanisms, and defining clear rules for stablecoins and decentralized finance. If passed, it will establish a comprehensive legal framework for digital assets in the US.
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Billion-dollar Solana move by two companies (SOL)

Solana received dual support from institutional investors this week. Two public companies announced major initiatives within the Solana ecosystem. One initiative focuses on liquid staking, while the other aims to raise up to $1 billion to invest directly in Solana.
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Elon Musk's fren in the Telegram announcement: Toncoin (TON) dropped.

Elon Musk refuted reports of a $300 million partnership between xAI and Telegram, stating no official agreement had been signed yet. Pavel Durov had announced the deal earlier, but Musk clarified that no final agreement had been reached.
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Pakistan's Bitcoin move: "We are inspired by the USA"

Pakistan is working to establish a strategic Bitcoin reserve, emphasizing it won't be for speculation. Plans include investing in energy for mining and AI data centers, tokenizing non-liquid assets, and utilizing blockchain for public efficiency. Cooperation with World Liberty Financial for blockchain adoption. Pakistan drawing inspiration from the US in creating a national Bitcoin reserve.
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Trump brothers at the Bitcoin conference: "It will be 170 thousand dollars"

Trump kardeşleri, Donald Jr. ve Eric Trump, Las Vegas'taki bir Bitcoin konferansında kripto sektörüne olan ilgilerini ifade ettiler. 2026'ya kadar Bitcoin'in 170-175k dolara ulaşacağına dair tahminler paylaşıldı. Dünya Liberty Financial ve American Bitcoin gibi çeşitli kripto girişimlerinde aktif olarak yer alıyorlar. Eric Trump, geleneksel finansı eleştirerek, Michael Saylor'dan etkilendiğini belirterek kriptonun faydalarını vurguladı. Yeni bir yasa tasarısı, politikacıların büyük kripto yatırımlarını kısıtlamayı hedefliyor ve Trumps'ın işlemlerini kongre denetimine tabi tutuyor.
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7 important Bitcoin and crypto messages from US Vice President Vance

U.S. Vice President JD Vance took the stage on the second day of the Bitcoin 2025 conference held in Las Vegas and made an important speech. In his relatively lengthy speech, Vance informed Bitcoin investors about the U.S.'s plans regarding Bitcoin and cryptocurrencies and the regulators' significance.
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The Central Securities Depository has launched the Crypto Asset Central Record System.

The Central Registration Organization (MKK) has activated the Crypto Asset Central Registration System to ensure the integration between MKK and Crypto Asset Service Providers.
On March 13, 2025, published in the Official Gazette, the Capital Markets Board's (SPK) "Crypto Asset Service Providers' Establishment and
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Good news about Bitcoin from a US senator: It is coming to the Senate next week.

Senator Cynthia Lummis, known for her supportive approach to Bitcoin, announced at the Bitcoin 2025 conference today that a bill proposing the US purchase 1 million BTC will be presented to the Senate next week. The bill includes establishing a strategic Bitcoin reserve and purchasing 200,000 BTC annually under Treasury supervision, aiming to reach a total of 1 million BTC. Lummis also mentioned President Trump's support for the bill.
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Robert Kiyosaki: Becoming rich with Bitcoin is amazingly easy

Robert Kiyosaki suggests that becoming rich with Bitcoin is "incredibly easy", emphasizing its limited supply and potential for significant value increase. He predicts Bitcoin entering a high valuation phase soon and advises followers to stay informed by listening to experts like Raoul Pal and Michael Saylor. Kiyosaki has previously forecasted Bitcoin reaching $250,000 by 2024 and warned about hyperinflation in the US. The current Bitcoin price has surpassed $110,000, partly influenced by easing tensions in the customs duty crisis between the US and the EU.
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Strong response to the billion-dollar crypto claim from Trump's company

Trump Media and Technology Group denies the claim of a $3 billion cryptocurrency investment reported by Financial Times. The company refutes the news as false and criticizes the publication's sources as unreliable. Trump's involvement in various crypto investments is also highlighted, including plans for issuing a token and collaborating with Crypto.com on ETFs.
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Gave a date for Bitcoin: First record, then profit taking

Analyst Axel Adler Jr. from the crypto-focused data analysis platform CryptoQuant noted that short-term Bitcoin holders' NUPL ratio is currently at 27%, indicating a potential downward pressure on the price. According to historical data, when NUPL ratio exceeds 40%, investors tend to sell for profit. Based on the current daily growth rate of 0.82%, surpassing the 40% threshold is expected by June 11th, potentially leading to a price increase up to $162,000 before a selling wave begins.
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The crypto world is waiting for the Senate decision: What does the GENIUS Act bring?

The exciting cryptocurrency asset proposal in the United States was recently rejected by a vote of 49 to 48. This proposal was designed for stablecoins indexed to the US dollar. Over time, this draft text has been amended and brought back to the Senate.
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The US panic benefited crypto funds: 3.3 billion dollars investment

Geçen hafta, kripto para fonları 3.3 milyar dolar net yatırım aldı ve bu, toplamda 10.5 milyar dolar yatırım yapılmış olan altıncı ardışık pozitif haftayı işaret ediyor. Artan ilgi, Moody's'in not indiriminin ardından yükselen ABD tahvil getiri oranları arasında çeşitlendirmeye atfediliyor.
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Strategy increased the Bitcoin asset to 580 thousand.

Bitcoin-focused investment company Strategy announced last week that it has increased its total assets to 580,250 BTC by purchasing an additional 4,020 BTC. The firm spent approximately $427 million for this acquisition, raising its average payment per Bitcoin to $69,979. The company's adoption of the Strategy model is gaining traction, with over 70 firms incorporating BTC into their balance sheets. This trend could potentially add $330 billion to Bitcoin's market value in the next five years.
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Garanti BBVA Crypto has updated its mobile application.

Garanti BBVA Crypto launched new features aiming to provide an easy, fast, and secure investment experience for crypto asset investors. The updated mobile app offers simplified interface, secure storage, trading services, and continues to improve its product and systems, standing out as a significant alternative in the crypto world.
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Trump's blow to Bitcoin: Prices have sharply get dumped.

After President Trump's announcement of increased tariffs on EU products, the cryptocurrency market experienced a sharp decline. Bitcoin, reaching a record high the day before, dropped significantly. Trump's tariff statements have previously influenced Bitcoin prices, followed by market recoveries. Currently, Bitcoin trades at $108,284.
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