French authorities have arrested more suspects believed to be linked to a string of violent abductions targeting cryptocurrency executives and their families. According to a June 11 Barron’s report, the latest arrests were made on Tuesday as part of the…

France makes new arrests in ongoing crypto kidnapping case

Despite repeated attempts to stamp out the crypto-crime-linked Huione, 
Chainalysis says there’s been no meaningful decline in transactions.

Huione darknet humming at ‘full capacity’ despite shutdown

Jan3 founder Samson Mow tells GameStop CEO, “This is where you buy” as 
Bitcoin’s price tumbled after Israel launched a series of airstrikes on Iran.

Bitcoin slides to $103K as Israel launches airstrikes on Iran

GameStop has raised the size of its planned convertible note sale to $2.25 
billion from the original $1.75 billion. According to the company’s June 12 
press release, the notes, which do not pay interest and are due in 2032, will…

GameStop raises planned convertible note offering to $2.25B from initial $1.75B

Shopify will begin letting merchants accept stablecoin payments in USDC 
starting later this month. The move was first reported by Fortune on June 12 
and marks the company&#8217;s most extensive crypto integration to date. Select U.S. 
merchants will be able…

Shopify to pilot USDC payments via Coinbase and Stripe

Bitcoin’s blistering second-quarter advance is tracking the strongest 
expansion in global liquidity on record, according to Real Vision chief crypto 
analyst Jamie Coutts, who argues that every additional percentage point of 
liquidity injected into the financial system “should” translate into a 20% 
gain for the cryptocurrency. 1% Liquidity = 20% Bitcoin? Writing on X, Coutts 
observed that his proprietary Global Liquidity Index broke to a fresh all-time 
high on 10 April after three years of drift and that, in the nine weeks since, 
Bitcoin has rallied about 40 percent. &#8220;Bitcoin has rallied 40% since April 10 
which was when my global liquidity aggregate (GLI) after 3 years broke out to 
new all time highs on the back of a plummeting US dollar. Since then the 
aggregate is up 2%. Bitcoin&#8217;s Q2 rally is entirely consistent with liquidity 
regimes of this nature.&#8221; He added that &#8220;while Bitcoin’s sensitivity to GLI 
moderates over time, for every extra 1 percent of liquidity added to the 
system we should expect to see a &gt; 20 percent move in the price of Bitcoin,” 
he said, further claiming that the steady inflow of capital “doesn’t account 
for the inevitable ‘oh shit’ moment of panic buying that is going to happen… 
eventually. It will be best of times, it will be the worst of times.” Related 
Reading: Bitcoin Options Traders Expect Quiet—But On-Chain Data Suggests Chaos 
The chart he shared, reproduced above, overlays his GLI (white) with daily 
Bitcoin prices (orange) from 2018 through June 2025. It shows the index 
pressing to roughly $138 trillion while Bitcoin changes hands near $108,000, 
underscoring the tight directional relationship between the two series across 
several liquidity cycles. Coutts builds the indicator by combining G4 central- 
bank balance sheets, broad money aggregates such as M2, and key US liquidity 
accounts including the Treasury General Account and the Federal Reserve’s 
reverse-repo facility. Since the April breakout the GLI has added only about 
two percentage points, yet Bitcoin’s market value has already risen by twice 
the elasticity implied by his model—an outcome he considers “entirely 
consistent” with prior liquidity regimes, which tend to produce the sharpest 
price response early in the cycle. Related Reading: Bitcoin Is Wildly 
Undervalued, Says Bitwise: ‘Fair Price’ Today Is $230,000 For now, he sees 
little evidence that the GLI’s momentum is cresting; with the Federal Reserve 
still draining its reverse-repo facility, the People’s Bank of China quietly 
expanding its balance sheet, and the European Central Bank hinting at renewed 
long-term refinancing operations, the backdrop remains structurally bullish 
even if it won’t be a straight line. Looking further out, mainstream liquidity 
research suggests modest but persistent growth: most macro desks expect the 
global aggregate to rise roughly one to six percent over the next twelve 
months, three to eight percent cumulatively by mid-2027, and on the order of 
ten to fifteen percent by the turn of the decade as governments roll over 
record debt loads and central banks normalise balance-sheet policies. If 
Coutts’ rule of thumb holds, even the low end of those projections would leave 
ample headroom for triple-digit percentage gains in Bitcoin before 2030. At 
press time, BTC traded at $107,676. Featured image created with DALL.E, chart 
from TradingView.com