RationalRugChecker

$BTC This morning, I explained that I expected the breakout from this symmetrical triangle to be explosive.
Now that violent breakout has occurred, instantly reaching the technical price target of the pattern.
But don’t get me wrong, just because the target has been reached doesn’t mean price can’t go higher.
On the other hand, we’re now trading right inside an important resistance zone, so the developments throughout the rest of the day will be interesting to watch.

$ETH remains strong within the broader market structure.
Buyers continue defending support while maintaining higher timeframe control.
EP
1,728 - 1,734
TP
TP1 1,742
TP2 1,750
TP3 1,760
SL
1,722
Liquidity continues building above recent highs and price is reacting from a key demand zone. The 15-minute structure remains constructive despite the rejection from 1,759. Buyers successfully defended the 1,725 region and continue absorbing selling pressure.
As long as support remains intact above 1,722, structure favors another attempt toward overhead liquidity. Reclaiming 1,742 would confirm strength and continuation toward higher targets.
Let’s go $ETH ‌

According to La Dépêche du Midi, French police dismantled a synthetic drug laboratory in Tarn Province and seized cryptocurrency keys of undetermined value, 38,396 euros in cash (approximately $44k), multiple encrypted phones, and a luxury car. The report states that the operation was carried out by the French gendarmerie on June 11, and 28 kilograms of methamphetamine / amphetamine powder were also seized at the scene. Five men have been charged with organized production or manufacturing of drugs, drug trafficking, money laundering, and participation in a criminal gang; four of them are in custody pending trial, one is under judicial supervision, and the suspects are still presumed innocent.

CryptoWorld News reports that, according to Sem’s early issuance and coverage by nductor-Today, Coherent plans to obtain up to $50 million in funding support based on the U.S. “CHIPS and Science Act” to expand AI photonic chip production capacity, and to work with NVIDIA to promote upgrades to AI data center technology. NVIDIA has previously announced a $200 million investment in Coherent.

𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐍𝐄𝐖 𝐘𝐎𝐑𝐊 𝐏𝐋𝐀𝐍 ⚡
🔶 Bitcoin is still moving inside the key range after rejecting from the upper liquidity zone.
🔶 Current structure shows buyers losing momentum, but confirmation is still needed before the next major move.
🔶 The important zone to watch is the market shift area — losing this level could open the path toward lower liquidity.
🔶 No confirmation = no aggressive trade.
Smart traders wait for liquidity, not emotions.
Patience. Discipline. Execution. 📊
$BTC ‌#MyGateTradeStory

Standard Chartered first coverage of Uniswap, predicting UNI will rise from about $2.70 to $100 by the end of 2030, approximately 40 times. The core view is that DeFi tokenized assets will grow significantly, enhancing trading infrastructure and fee potential. It is expected that by 2028, on-chain tokenized assets will reach $40 trillion, with the proportion of DeFi increasing to 30%, and DeFi locked assets possibly reaching $2.7 trillion. If Uniswap achieves commercialization and forms large-scale partnerships with traditional finance, the valuation multiple of market cap to fees could increase, narrowing the gap with centralized exchanges like Coinbase.

CryptoWorld News: Afghan Taliban spokesperson: Pakistani airstrikes have caused at least 13 deaths and 14 injuries.

Author: Liu Yang, Crypto Circle Criminal Defense
Original link:
Disclaimer: This article is reprinted content. Readers can obtain more information through the original link. If the author has any objections to the reprint, please contact us, and we will make modifications according to the author’s requirements. Reprints are for information sharing only and do not constitute any investment advice, nor do they represent Wu Shuo’s views and positions.
With the official implementation of the newly refined 2026 leniency-for-plea-and-conviction regulations, and in combination with the central bank’s eight departments’ “Notice on Further Preventing and Disposing of Risks Related to Virtual Currencies and Other” (Yinfa [2026] No. 42), which tightens the regulatory enforcement approach toward illegal financial activity involving virtual currencies across the board, this is a change that the author has truly felt in criminal defense practice. Criminal cases involving virtual currencies have entered a brand-new judicial stage characterized by stricter qualification, hierarchical leniency, and the pre-emptive placement of asset recovery in the process. The new regulations revise five major dimensions: (1) review of the voluntariness of guilty pleas, (2) tiered classification of the scope of leniency, (3) linking the recovery of proceeds to plea acceptance, (4) differentiated sentencing for principal offenders and accomplices, and (5) a remorse-and-retreat penalty mechanism.

Wu Shuo learned that the Turkish Presidential Communications Directorate announced that they have registered the official ENS domain name cbiletisim.eth for decentralized identity, and published official publications to IPFS, then referenced through ENS names to support public verification and access on the blockchain. The official stated that this initiative aims to enhance the verifiability and transparency of public publications; ENS officials also said this is the first step for the Turkish Presidential Communications Directorate to establish an official on-chain identity.

Crypto World News reports that a rare physical Bitcoin worth $1.78 million was redeemed after 12 years. The Bitcoin comes from Casascius coins minted from 2011 to 2013. On Wednesday, its holographic seal was removed, and the stored 25 BTC (currently worth about $1.7 million) was transferred to a new wallet. Casascius coins are physical tokens created by software engineer Mike Caldwell, with denominations ranging from 0.5 to 1,000 BTC. Each coin has a Bitcoin address printed on the outside, while the matching private key is hidden beneath a tamper-evident hologram on the back. This redemption was recorded in Bitcoin block 952,159, coinciding with unusual activity in the Bitcoin UTXO set over the past week.

CryptoWorld News: U.S. President Trump said that Vice President Vance and the Republicans are doing an excellent job cracking down on scams across states. Billions of dollars are being discovered, and if we find all of this, we’ll be able to balance the budget while reducing taxes.

Wu Shuo learned that, according to Onchain Lens monitoring, a wallet associated with Anchorage Digital will stake 55,594 ETH into Ethereum 2.0 deposit contracts today, with a total value of approximately $109.9 million. On-chain data shows that this address received the assets 13 hours ago and completed a full staged/batched staking operation 9 hours ago.

CoinWorld reports that Franklin Templeton has partnered with MoonPay, allowing institutions to exchange between tokenized money market funds and stablecoins 24/7. The integration connects the Benji platform with MoonPay's trading infrastructure, supporting interoperability between on-chain stablecoins and tokenized money market funds. Sandy Kaul stated that 2026 will be the year of the universal liquidity layer, and institutions are also willing to transfer stablecoin balances into tokenized money market funds to earn yields around the clock, and announced the formation of a cryptocurrency division to continue advancing digital asset strategies.

CryptoWorld News: LobsterAI (NetEase Youdao Lobster) recently announced the launch of image generation and video generation capabilities, simultaneously integrating multiple models including seedream, seedance, happyhorse, and minimax-hailuo. This is the first open-source lobster-type product from a major domestic company, marking further progress in their AI development.