Officials reported that scammers had used crypto to pay for fake digital asset investment ads on social media platforms, leading to more than $1 million in losses for victims.

New York authorities freeze $300K linked to crypto scammers

Bitcoin (BTC) has seen a moderate price correction since June 11, falling from 
around $111,000 to just above $104,000 at the time of writing. While rising 
geopolitical tensions in the Middle East may be weighing on the asset, several 
analysts maintain that BTC’s long-term bullish trajectory remains intact. 
Bitcoin To Top At $205,000? In a recent CryptoQuant Quicktake post, 
contributor Carmelo Aleman pointed to the Bitcoin Yearly Percentage Trend as a 
signal of strong potential growth in BTC’s price through the rest of 2025. 
Related Reading: Bitcoin Sees Negative Funding On Binance – A Classic Setup 
For A Short Squeeze? For the uninitiated, the Bitcoin Yearly Percentage Trend 
tracks BTC’s annual price performance since 2011, revealing a recurring 
pattern of three bullish years followed by one year of consolidation. This 
trend aligns closely with Bitcoin’s four-year halving cycle, helping investors 
identify long-term market phases beyond short-term volatility. Aleman shared 
the following chart to support his outlook for 2025. If BTC maintains the 
growth pace typically seen in the third year of this cycle, it could climb 
120% in 2025. Such a surge would take BTC from $93,226 at the beginning of the 
year to as high as $205,097 &#8211; potentially marking the cycle top for this year. 
If realized, this would make 2025 the third consecutive year of gains and 
complete another full bullish cycle. This scenario suggests that BTC is 
currently in the final phase of its ongoing cycle, giving investors limited 
time to adjust their strategies to align with the market’s growth trajectory. 
Supporting this outlook, other cyclical metrics &#8211; such as Realized Cap &#8211; 
continue to post new all-time highs in 2025. Aleman concluded: The Bitcoin 
Yearly Percentage Trend is a tool that allows us to filter out daily market 
noise and reconnect with Bitcoin&#8217;s true cyclical nature. It reminds us that 
beyond micro metrics and short-term candles, Bitcoin adheres to a structural 
rhythm that repeats with striking consistency: three years of expansion 
followed by one of compression. On-Chain Indicators Suggest More Upside Beyond 
the Yearly Percentage Trend, several on-chain metrics continue to support a 
bullish case for BTC. Notably, both whale and retail BTC inflows to Binance 
have dropped to cycle-lows &#8211; often a sign that investors are holding in 
anticipation of further gains. Related Reading: Bitcoin Following ABCD 
Pattern? Analyst Sees Path To $137,000 Whales also appear to be accumulating 
ahead of a potential breakout. According to CryptoQuant analyst Amr Taha, 
Bitcoin whales withdrew 4,500 BTC from Binance on June 16 &#8211; a move 
historically associated with price rallies. Still, caution remains warranted. 
On-chain data indicates that short-term holders have been selling into the 
recent dip, which could temporarily suppress price momentum. At press time, 
BTC trades at $104,079, down 1.6% over the past 24 hours. Featured image with 
Unsplash, charts from CryptoQuant and TradingView.com

Bitcoin Yearly Trend Suggests Cycle Top Near $205,000 By Year-End, Analyst Says

Ripple urges Judge Torres to approve its joint SEC motion, securing reduced 
penalties, preserving prior rulings, and accelerating long-awaited resolution 
that could redefine XRP’s regulatory landscape. Ripple and SEC Urge Judge 
Torres to Acknowledge Settlement and End XRP Case Ripple’s legal team formally 
petitioned Judge Analisa Torres of the Southern District of New York on […]

Ripple and SEC Press Judge Torres to Approve Settlement Ending XRP Case

The Czech Republic’s Civic Democratic Party survived another no-confidence 
vote, triggered by opposition party concerns over a $45 million Bitcoin 
donation linked to a convicted criminal.

Czech gov’t resists 4th overthrow attempt amid $45M Bitcoin scandal

US President Donald Trump wants House members to pass the key stablecoin bill 
“LIGHTNING FAST” so that he can sign it into law.

Trump on GENIUS stablecoin bill: ‘Get it to my desk, ASAP’

The Senate passed a landmark bill to regulate stablecoins, with U.S. President 
Donald Trump hailing it as &#8220;pure GENIUS&#8221; and urging the House to send it to 
his desk without delay. &#8216;NO DELAYS&#8217;: Trump Pushes House to Pass GENIUS Act 
After Senate Approval The GENIUS Act, a first-of-its-kind federal framework 
for stablecoins, cleared the Senate […]