Many users said they would delete accounts or consider moving to another platform if Reddit were to adopt World’s verification system.

Reddit weighs World’s scanning orbs for user verification — Report

Bitcoin has resumed a slow climb upward after a recent period of 
consolidation, briefly breaking back above the $106,000 mark earlier today. At 
the time of writing, the cryptocurrency is trading at $105,383, reflecting a 
0.8% increase over the past 24 hours. While this upward move has not sparked a 
major breakout, analysts are paying close attention to on-chain and market 
structure indicators that suggest a cautiously balanced environment. Related 
Reading: Analyst Warns Of Bitcoin Breakdown—’If This Continues, It Snaps’ On- 
Chain Data Points to Equilibrium, But Demand Wanes According to CryptoQuant 
analyst Darkfost, the market currently lacks extreme signals of profit-taking 
or panic. In a recent analysis, Darkfost explained that realized profits over 
a seven-day moving average remain below $1 billion. This is in line with 
figures observed during the market correction in late 2024 and significantly 
below peaks seen in early 2025. The analyst suggests that the current realized 
profit levels point to a market that is not under pressure from large-scale 
investor exits, supporting the ongoing consolidation. In the same report, 
Darkfost also discussed how a decline in demand may be limiting further upward 
momentum. By analyzing the ratio of new supply to the supply held inactive for 
over a year, the study observed that while demand remains positive, it has 
been weakening since Bitcoin’s local high in May. This suggests that although 
the market is absorbing existing selling pressure, fresh buying interest is 
not strong enough to trigger a new rally. As a result, the market appears to 
be in a state of temporary equilibrium, a phase where both sellers and buyers 
are relatively inactive. Bitcoin Traders Brace for Volatility in a Crowded 
Range Another CryptoQuant analyst, BorisVest, echoed the sentiment of a 
tightly contested market by analyzing Binance order flow and position data. He 
noted that Bitcoin has traded within a range of $100,000 to $110,000 for 
nearly a month. Within this band, both long and short positions have been 
building, and traders are watching the extremes of this zone closely. 
According to BorisVest, any breakout beyond $110,000 or drop below $100,000 
could set the tone for the next significant price movement. The $100K–$110K 
price range has become a battleground for both bulls and bears. BorisVest 
observed that short positions are currently increasing, indicating that a 
significant portion of market participants expect a downward correction. 
Related Reading: Is Bitcoin Gearing Up for a Breakout? On-Chain Signals Say 
‘Watch This Level’ However, he also pointed out that when shorts dominate, the 
risk of a sudden reversal, known as a short squeeze, becomes more likely. This 
behavior is consistent with recent funding rate trends, which show a fairly 
balanced distribution of long and short bets. Featured image created with 
DALL-E, Chart from TradingView

Bitcoin Sees Modest Gains, But Demand Weakness Limits Breakout Potential

Visa’s expansion of stablecoin settlement signals a massive leap toward 
frictionless, always-on cross-border payments, slashing costs and unlocking 
global liquidity. Industry-Wide Stablecoin Adoption Looms for Financial Sector 
in 2025 Visa (NYSE: V) delivered a strong message on June 18 about the future 
of financial transactions, emphasizing the growing necessity for stablecoin 
integration across the global […]

Visa: All Money-Moving Institutions Will Need Stablecoin Strategy This Year

Semler Scientific ignites a bold bitcoin accumulation plan targeting 105,000 
BTC by 2027, signaling unstoppable conviction in bitcoin’s global monetary 
revolution. Bitcoin Dominance Play: Semler Scientific Unleashes 105K BTC 
Target With Aggressive Financing Healthcare technology firm Semler Scientific 
(Nasdaq: SMLR) announced on June 19 its ambitious objectives to dramatically 
expand its bitcoin treasury holdings and […]

Semler Scientific Unveils 105K Bitcoin Ambition, Pushing Boundaries of Treasury Strategy

While Bitcoin (BTC) has remained range-bound &#8211; trading between $100,000 and 
$110,000 for about a month &#8211; both short and long positions have been building 
within this range, with short positions rising at a faster pace. Bitcoin Long 
Positions Slightly Ahead But Shorts Catching Up After reaching a new all-time 
high (ATH) of $111,814 last month, BTC has consolidated within the 
$100,000–$110,000 range for nearly a month, offering little clarity on its 
next directional move. Related Reading: Bitcoin Holds Strong Despite Israel- 
Iran Tensions – Weekly Resistance Begins To Crack According to a new 
CryptoQuant Quicktake post by contributor BorisVest, fresh data from Binance 
crypto exchange suggests that long positions currently hold a slight edge in 
this range. Historical data reveals a pattern &#8211; when short positions rise, 
short squeezes tend to follow. Similarly, a buildup in long positions has 
often led to long squeezes. A decisive breakout from either end of the current 
range will likely determine Bitcoin’s next major move. That said, Binance data 
indicates that while long positions are marginally ahead, the ratio of longs 
to shorts remains relatively balanced. The funding rate hovering near neutral 
levels supports this view, reflecting a closely contested standoff between 
bulls and bears. However, such balance usually signals uncertainty in the 
market. While long interest has stabilized, short positions continue to climb 
&#8211; likely driven by expectations of further downside amid escalating 
geopolitical tensions in the Middle East. BorisVest noted: This shows that 
most market participants believe the rally may not continue. When Bitcoin&#8217;s 
price starts to fall, and funding rates turn negative, it means shorts are 
piling in quickly. All of this points to this range being a highly sensitive 
zone. He further noted that with most traders leaning toward short positions, 
the setup could be ripe for a surprise move in the opposite direction &#8211; 
possibly fuelled by quiet accumulation from larger market participants. Is BTC 
Preparing For A Big Move? Despite BTC trading within the $100,000 &#8211; $110,000 
range for the better part of the previous month, several analysts posit that 
the flagship cryptocurrency is preparing for a major move in the coming weeks. 
Related Reading: Bitcoin Consolidates as Realized Profits Stay Low – No Signs 
Of Major Sell-Off Yet Most analysts are leaning toward a move to the upside. 
For instance, crypto trader Josh Olszewics remarked that if liquidity holds, 
then BTC may eye a move toward the $150,000 level. From a technical 
standpoint, the outlook is encouraging. Crypto analyst Mister Crypto recently 
pointed out that BTC is forming a bullish inverse head &amp; shoulders pattern on 
the 3-day chart. However, latest on-chain data shows that Bitcoin Network 
Value to Transactions (NVT) Golden Cross recently moved into an overpriced 
zone, warranting caution. At press time, BTC trades at $105,940, up 1.1% in 
the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and 
TradingView.com

Bitcoin May Surprise Bears: $100K–$110K Range Shows Rising Short Interest

According to a post on CoinMarketCap&#8217;s X account, the malicious code has been 
removed, though the team insists the investigation into the incident is still 
ongoing.