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Crypto news, according to Lookonchain data, on June 18th, Bitcoin ETFs experienced a net outflow of 1,547 BTC in a single day, approximately $98.45 million, with a total net outflow of 2,622 BTC over 7 days, approximately $166.82 million. Ethereum ETFs had a net outflow of 9,016 ETH in a single day, approximately $15.63 million, and a net outflow of 2,444 ETH over 7 days, approximately $4.24 million.

CoinWorld News reports that Capital B shareholders have approved a financing plan that enables the company to raise up to $5.76 billion by issuing new shares, and to finance up to $115.2 billion through credit instruments to increase its Bitcoin holdings. In theory, the financing amount can support the purchase of more than 1.87 million BTC.

$BTC Price bounced from our demand zone but retraced the entire move back down,
We are still seeing rejection from the zone,
But the internals are not aligning + Buyers are not showing up,
If you see the perp and spot CVDs, they have been rolling over for a day now,
Currently price is forming a descending wedge type structure with OI ticking up slowly while price declines.
Meaning new shorts are adding up on the failed bounce,
We had minor long liquidations and potentially get more longs flushed into the CPI,
In the previous post we talked about how price could sweep the range lows (58-60k) if this support fails.
And looking at how things are we might test 60k soon,
The thing to notice here is that OI is keep on rising, and shorts are entering,
If CVDs keep on rolling like this, we are certainly gonna test 60k again,
Though if CVDs start to reverse from here, that would lead to a stronger squeeze cuz of the new shorts entering.
What I am doing now?
I closed my Swing Long above BE and will be staying flat for sometime, will observe how things are playing out.
I am looking for better long entries, if I get them, will take them for sure.
We got liquidity building below 60k, which has very high chance of getting tested,
So imo, it's better to stay flat and observe how things goes from here and then take decisions based on that, I personally wouldn't wanna long into a bearish orderflow.
If this goes straight up from here, that's fine to me.
$BTC
Price bounced from our demand zone but retraced the entire move back down,
We are still seeing rejection from the zone,
But the internals are not aligning + Buyers are not showing up,
If you see the perp and spot CVDs, they have been rolling over for a day now,
Currently price is forming a descending wedge type structure with OI ticking up slowly while price declines.
Meaning new shorts are adding up on the failed bounce,
We had minor long liquidations and potentially get more longs flushed into the CPI,
In the previous post we talked about how price could sweep the range lows (58-60k) if this support fails.
And looking at how things are we might test 60k soon,
The thing to notice here is that OI is keep on rising, and shorts are entering,
If CVDs keep on rolling like this, we are certainly gonna test 60k again,
Though if CVDs start to reverse from here, that would lead to a stronger squeeze cuz of the new shorts entering.
What I am doing now?
I closed my Swing Long above BE and will be staying flat for sometime, will observe how things are playing out.
I am looking for better long entries, if I get them, will take them for sure.
We got liquidity building below 60k, which has very high chance of getting tested,
So imo, it's better to stay flat and observe how things goes from here and then take decisions based on that, I personally wouldn't wanna long into a bearish orderflow.
If this goes straight up from here, that's fine to me.

According to Axios, despite the gunfire, Iran and the U.S. are still holding parallel negotiations with mediators in Doha and Qatar, but the trilateral talks failed due to Iran's refusal. The Qatari mediator has gone to Tehran to meet with the foreign minister and others to push the negotiations forward. The U.S. side hopes that the strikes on Tuesday will prompt Iran to respond to Trump's proposal, and threats are also part of the pressure strategy; if Iran continues to delay, the president is prepared to make it pay the price.

According to a report from Crypto界, the Ministry of Industry and Information Technology has issued a notice on the “Implementation Opinions on Innovative Development of ‘Artificial Intelligence + Information and Communications’ (2026–2028).” By 2028, artificial intelligence and information and communications will initially establish an innovation development pattern characterized by integrated, mutually reinforcing progress; the intelligent operations and service capabilities of information and communications will reach an internationally advanced level; information and communications networks will initially achieve high-level self-reliant intelligence; more than 30 high-value representative scenarios will be developed; and a batch of representative applications and featured intelligent agents will be created. Information infrastructure such as networks and computing power will further enhance artificial intelligence capabilities, and the coverage rate of the 1-millisecond latency circle for metropolitan-area computing power will be no less than 75%.

CryptoWorld News: On June 4th, spot ETFs for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP) all experienced net outflows, with Bitcoin outflows of $3.97M, Ethereum outflows of $529.4k, Solana outflows of $127.4k, and Ripple outflows of $53.4k.

CryptoWorld News: Ukrainian President Zelensky: Ukraine received a new set of IRIS-T air defense system launcher units from Germany yesterday.

Mars Finance News: According to Hyperbot data, Brother Maggi Huang Licheng has just closed all of his 40x leveraged Bitcoin long positions opened yesterday, while he continues to add to his 25x Ethereum long positions. His current holdings have increased to 4,588 ETH, turning the overall position from loss to profit, with an unrealized profit of approximately $70k and a return on investment of 18.75%.

Mars Finance News: NFT marketplace Rarible announced on the X platform that Impossible has acquired the Rarible brand and core platform assets. This acquisition marks IMPOSSIBLE's first foray into mergers, acquisitions, and brand expansion. The RARI Foundation ecosystem and RARI tokens remain independently managed by the relevant foundation entity. The team stated they will continue to support artists, collectors, and the community, with more plans to be shared in the future.