Dow Jones lost 200 points as U.S. trade tensions once again reignite with China, EU.

Dow Jones loses 200 points as Trump waits for Xi call, EU sends warning

Ctrl Alt, a tokenization infrastructure platform, has officially received its 
license from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate as 
a Virtual Assets Service Provider (VASP), becoming the first VASP authorized 
to conduct issuer-related services. This license enables Ctrl Alt to offer 
Broker-Dealer and Issuer services, allowing the company to create, manage, and 
distribute […]

Ctrl Alt Secures VARA License to Operate as Virtual Assets Service Provider in Dubai

Telegram&#8217;s bond sale success, despite legal challenges, underscores investor 
confidence in its growth potential and financial resilience.
The post Telegram to raise $1.5B in bond sale, Citadel joins BlackRock in 
backing the deal: WSJ appeared first on Crypto Briefing.

Telegram to raise $1.5B in bond sale, Citadel joins BlackRock in backing the deal: WSJ

Pakistan’s crypto minister met with Trump’s digital asset leadership to 
promote cross-border cooperation and outline Bitcoin-powered infrastructure 
plans.

Pakistan reveals Bitcoin reserve plan to Trump’s crypto team at White House

The AI arms race is moving too fast for safety, with companies pushing 
boundaries and governments lagging. AI-driven dehumanization and the unchecked 
proliferation of autonomous weapons require responsible leadership before it’s 
too late.

The AI arms race could destroy humanity as we know it

Bitcoin (BTC) is attempting to reclaim a crucial level as support, which could 
propel its price to its local range high. A market watcher suggests that this 
week’s performance could set the tone for the rest of the month. Related 
Reading: Monero (XMR) Jumps 11.5% Amid Crucial Support Retest – Analyst Eyes 
$420 Resistance Bitcoin Retest Eyes Massive Rally After losing the $106,800 
level last week, Bitcoin has been trying to reclaim this crucial area as 
support. This recently lost level served as a key support for BTC following 
its rally to a new all-time high (ATH), with its price hovering between 
$106,800 and $109,700 before the market retracement. However, the flagship 
crypto dropped over 8% from its $111,980 high amid last week’s pullback, 
hitting a 10-day low near the $102,000 support over the weekend. This week, 
BTC has recovered the $105,000 range and surged above the $106,500 mark before 
being rejected from the crucial horizontal level on Tuesday morning. Despite 
the recent performance, Bitcoin recorded its highest monthly close in history, 
after ending May at $104,591, and remains within its local range between 
$103,000 and $110,000. Analyst Crypto Jelle noted that as the cryptocurrency 
tries to reclaim the $105,000-$106,000 area, the 1.618 Fibonacci level 
suggests the next target sits around the $130,000 barrier. Moreover, he 
highlighted Bitcoin’s performance this cycle, pointing out that it is 
displaying a similar performance to its Q4 2024 rally. Notably, the 
cryptocurrency recorded a trend breakout, followed by a “post-breakout chop” 
before surging to new highs. Jelle suggested that Bitcoin is in the second 
stage, after recently breaking out of its early 2025 downtrend line. He also 
affirmed that Bitcoin’s Power of 3 (Po3) setup is “still in play” despite the 
rally pause, targeting the $140,000-$150,000 level during the formation’s 
price expansion phase. Based on this formation, the cryptocurrency only has 
“one last speed bump,” reclaiming the previous ATH levels, before surging to a 
new high. BTC’s Direction To Be Determined Soon? Market watcher Daan Crypto 
Trades affirmed that the cryptocurrency will likely have an “interesting” week 
and month ahead, as its sideways move has allowed for “a ton of positions that 
have built up on both sides.” According to the trader, this suggests there 
will be “a lot of fuel when price starts trending and breaks out of this local 
consolidation.” Previously, he asserted that BTC tends to set the monthly high 
or low during the first week of the month, followed by a reversal in the other 
direction and a trend continuation until the new month. Related Reading: 
Bitcoin Maxi Max Keiser Isn’t Buying The Hype Around New Crypto Holding 
Companies Based on this, he considers that if Bitcoin doesn’t hold the current 
levels in the coming days, it could drop below the $100,000 mark, near the 
$98,000 support zone, before bouncing. On the contrary, a significant price 
jump this week could indicate a price retest of the range lows during the rest 
of the month. As of this writing, Bitcoin trades at $105,889, a 1% increase in 
the daily timeframe. Featured Image from Unsplash.com, Chart from 
TradingView.com