After posting double-digit gains fueled by a Binance listing, massive airdrop, and multi-exchange debut, RESOLV,the governance and rewards token of the Resolv stablecoin protocol, has plunged over 20% today. RESOLV (RESOLV) dropped sharply on Thursday, falling from a daily high…

RESOLV price crashes after initial rally: what’s going on?

Crypto market capitulation refers to a point of extreme selling pressure when 
investors panic and sell off assets, often marking the bottom of a market 
cycle.

Panic or opportunity? What crypto capitulation tells smart investors

Oil price talk leads macro analysis amid Middle East tensions, but whether 
Bitcoin will suffer as a result is up for debate as traders see a BTC price 
comeback.

Bitcoin clings to $105K as opinions diverge on oil price outlook

Fresh geopolitical tensions between Israel and Iran sparked sharp declines in 
crypto and global equities, sending oil prices higher and triggering $1 
billion in crypto liquidations as markets brace for further instability. Oil 
Soars, Bitcoin Slips as Global Markets React to Middle East Conflict Global 
markets reeled overnight after Israel’s preemptive airstrike on Iran’s nuclear 
[…]

QCP Insights: Crypto Markets Tumble as Middle East Tensions Disrupt Global Sentiment

Though concerns about the Trump family’s connections to World Liberty 
Financial’s stablecoin shadowed debate on the GENIUS Act, the bill is closer 
to passing the Senate.

US Senate to vote on amended stablecoin bill on June 17

According to CNBC’s Power Lunch, Galaxy Digital CEO Mike Novogratz thinks 
Bitcoin could climb all the way to $1 million per coin if big institutions 
keep piling in. The cryptocurrency hit a weekly peak of $110,290 on Tuesday. 
It slipped 4.5% to $104,300 by Thursday, but it’s still climbed 1.75% over the 
past seven days. Novogratz says this isn’t just hype. He points to firms 
moving cash from dollars and gold into crypto. Related Reading: BTC Is Just 
0.2% Of Global Wealth — And That’s Why It’s Not Too Late: Analyst 
Institutional Moves Up Demand BlackRock’s iShares Bitcoin Trust (IBIT) went 
live in January 2024 after SEC approval. Based on reports, that fund now gives 
big investors a straightforward path to own Bitcoin without buying coins 
directly. BlackRock manages about $11.6 trillion in assets. When a player that 
size steps in, others notice. Novogratz says wealth managers and pension funds 
have started treating Bitcoin like a macro asset, on par with gold and the S&amp;P 
500. Growing Corporate Interest Treasury companies are adding Bitcoin to their 
balance sheets. Sovereign wealth funds have begun to follow suit. Retail 
investors keep buying, too, thanks to easier trading apps and ETFs like IBIT. 
A handful of public companies have raised millions to buy Bitcoin outright. 
Related Reading: TRX Price Up As Tron Rolls Out The Red Carpet For Trump- 
Backed Stablecoin According to filings, Metaplanet, the Blockchain Group, 
GameStop, and US President Donald Trump’s Media arm all announced major 
purchases this year. Their moves chip away at the 21 million-coin supply, 
making each remaining Bitcoin scarcer. Bitcoin Versus Gold Bitcoin’s 21 
million supply cap is hard-wired into its code. Gold, by comparison, has a 
market worth north of $12 trillion and sees about 1–2% new supply each year 
through mining. Novogratz argues that younger investors will choose a capped 
digital asset over a metal bar. That switch isn’t guaranteed, but once people 
see Bitcoin as a store of value, its appeal could grow. At today’s $2 trillion 
market cap, Bitcoin has room to expand many times over if it ever rivals gold. 
Related Reading: Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto 
Winter Fears Challenges Ahead Regulators remain a wildcard. The SEC green-lit 
IBIT, but future rules on taxes or derivatives could slow things down. 
Bitcoin’s price swings make it riskier than bonds or gold. Institutions often 
chase stable returns, and Bitcoin pays no dividends or interest. Finally, 
moving another $10 trillion into crypto would need a massive shift in asset 
allocations. That kind of inflow isn’t impossible, but it won’t happen 
overnight. Based on reports, Novogratz sees Bitcoin’s march toward gold’s 
market cap as a “ball rolling down a hill.” He predicts that, over time, 
Bitcoin will match gold and then outpace it. Featured image from Imagen, chart 
from TradingView