The brother of former FTX CEO Sam Bankman-Fried once plotted to buy Nauru and build a doomsday bunker using funds from the now-defunct crypto exchange.

Pacific nation Nauru passes law to establish a crypto regulator

Bitcoin’s recent climb to $105,000 has done little to shake off the worries 
piling up around its momentum. The world’s biggest cryptocurrency eked out a 
0.03% gain in the last 24 hours but still sits 3.5% lower than it did a week 
ago. According to analyst Captain Faibik, this mix of flat gains and fading 
strength could mean traders are buying Bitcoin at the top. Related Reading: 
Iran’s Top Crypto Hub Loses $82 Million To Hackers With Israeli Links—Details 
Bearish RSI Divergence Signals Weakness Based on data, the Relative Strength 
Index (RSI) has drifted downward after peaking near 80, even as Bitcoin’s 
price pushed to fresh highs. The RSI now sits at 61.88, a clear sign that 
buyers are losing steam. Traders often watch for this kind of mismatch—when 
price goes up but RSI goes down—because it can spell a coming pullback. 
History shows it doesn’t always lead to a crash, but it does make a correction 
more likely. After carving out fresh highs, it feels like Bitcoin has hit its 
ceiling, according to Fabik, and a pullback into the $92,000–$94,000 zone 
could be on the cards. This setup usually sparks a quick correction, so many 
traders will be watching closely and tightening up their strategies as the 
market could shift in a hurry. $BTC is showing a massive RSI Bearish 
divergence on the weekly chart..!! It looks like Bitcoin has topped out and is 
now Ready for a major correction toward the 92–94k Range..📉 Just like it 
bottomed out at 16k in November 2022, We bought the dip and now we’re selling 
the… pic.twitter.com/W25HCAxkIa — Captain Faibik 🐺 (@CryptoFaibik) June 18, 
2025 Resistance Levels Keep Price In Check Bitcoin has bumped into stiff 
barriers around $108,000 and $109,000, both set on May 19. An ascending 
trendline from December 2024 has also been capping gains for weeks. These 
levels are proving tough to clear. If Bitcoin can’t break through soon, 
sellers may step in. Faibik points out that hitting these walls and seeing RSI 
divergence at the same time often marks the high point before a drop. This 
Activity Points To Caution The derivatives market adds another layer to the 
story. Trading volume in Bitcoin futures and options rose by 1.60%, taking 
total activity to around $100 billion. Open interest, meanwhile, slid down 
1.30% to nearly $70 billion. This suggests some players are closing their bets 
rather than piling on new ones. In the past 24 hours, liquidations have wiped 
out $71 million in long positions. That kind of pain can trigger more 
sell‑offs if people rush to protect their profits. Related Reading: Tether 
Enforces Freeze On $12 Million In Tron Funds Over Illicit Activity Past 
Patterns Offer Mixed Lessons Looking back, Bitcoin’s rebound in 2022 followed 
a different playbook. Back then, price hit a low near $16,000 and built 
strength even as RSI climbed from oversold levels. That setup led to a strong 
rally. Today, though, the RSI is nowhere near oversold territory. It’s more of 
a warning flag than a green light. Captain Faibik reminds traders that past 
wins don’t guarantee future results. Conditions now include higher interest 
rates and deeper institutional interest, which can change how Bitcoin reacts 
to the same signals. Featured image from Trade Brains, chart from TradingView

Bitcoin’s Momentum Wobbles—Analyst Predicts Correction Below $94K

Bitcoin ETFs notched their 8th consecutive day of inflows, posting a strong 
$390 million net gain as Blackrock and Fidelity led the charge. Ether ETFs 
also remained in the green, closing with a $19.1 million net inflow for their 
3rd straight positive session. Blackrock and Fidelity Drive Bitcoin ETF Market 
as Ether ETFs Stay Positive […]

Bitcoin ETFs Record 8th Straight Inflow Day With $390 Million Surge

Russia will continue taking measures to encourage crypto mining businesses to 
register with the tax authority, including imposing bigger penalties for 
violations.

Russia says 70% of crypto miners remain unregistered despite new laws

Implementing a &#8216;will function&#8217; in crypto platforms could ensure secure asset 
transfer, addressing inheritance challenges in digital finance.
The post Binance co-founder calls for crypto platforms to implement &#8216;will 
function&#8217; for asset inheritance appeared first on Crypto Briefing.

Binance co-founder calls for crypto platforms to implement ‘will function’ for asset inheritance

This content is provided by a sponsor. PRESS RELEASE. June 19, 2025 – 
TradeVault Inc. has announced the official launch of Holos, a next-generation 
marketplace redefining how real-world assets are traded and valued. Built on a 
tokenized infrastructure, Holos enables instant, global exchange of physical 
asset value—starting with high-value collectibles like Pokémon cards. Holos 
leverages […]