Bakkt has filed for a $1 billion shelf registration after the firm updated its investment policy earlier this month to allow it to buy Bitcoin and other cryptocurrencies.

Bakkt Holdings files $1B shelf offering that could fuel Bitcoin buys

The $157 billion stablecoin behemoth has not only survived but also thrived 
for more than eleven years in an industry fraught with controversy. Paolo 
Ardoino’s Case for Tether as the Ultimate Antifragile Asset Paolo Ardoino CEO 
of stablecoin issuer Tether has always been a rabid sci-fi fan, and he’s no 
stranger to the concept of […]

Is Tether Antifragile? CEO Paolo Ardoino Thinks So

Wormhole’s token W is showing early signs of a bullish reversal as its 
ecosystem continues to gain popularity among major players. According to data 
from crypto.news, Wormhole (W) was exchanging hands at $0.0631, last check 
June 27, with a market…

Three reasons why Wormhole could be gearing up for a major rally

This week, Bitcoin (BTC) has recovered from its recent drop below the $100,000 
level and is attempting to turn the crucial $108,000 resistance into support 
for the fourth time. As we approach the second half of 2025, a market watcher 
has shared his forecast for BTC. Related Reading: Solana Price At ‘A Very 
Delicate Level’ – Analyst Says $148 Reclaim Is Key Bitcoin Sees Transitional 
Period On Thursday, analyst Rekt Capital shared a roadmap for BTC for the rest 
of the year. He noted that this cycle has been “truly a cycle of re- 
accumulation ranges,” explaining that these have formed throughout the cycle 
since the end of 2022 and evolved since the Bitcoin Halving last year. In the 
pre-having period, BTC registered brief price deviations with downside wicks 
below the re-accumulation range lows in the weekly chart. Meanwhile, the post- 
halving period has seen Bitcoin deviations occur with multi-week clusters of 
full-bodied candles below the range lows. For instance, after its first price 
discovery uptrend, which lasted around seven weeks, BTC moved within its re- 
accumulation range for about ten weeks. Then, it transitioned into the first 
Price Discovery Correction, recording a nine-week downside deviation below the 
range lows before breaking out and rallying past the range highs toward a new 
ATH last month. Its past performances suggested that BTC was ready to enter 
its second Price Discovery Uptrend. But as Rekt Capital detailed, a 
transitional period has occurred for the first time, with price consolidating 
around the re-accumulation range high area. According to the analyst, this is 
“perhaps the first time that we’re seeing a deviation occur below the range 
high,” making this area a crucial level to transition into a new uptrend. We 
never really had to pull back substantially, maybe, until that final 
corrective period, which would last multiple months, but each re-accumulation 
range would see quite a bit of upside, and that upside would be very quick and 
no real post-breakout retesting, no real pausing. What we&#8217;re seeing here is 
something very, very different. Weekly Close Key For BTC’s Future Based on its 
new transition period, the key level for Bitcoin to reclaim in the weekly 
timeframe is the $104,400 support, which it held for nearly seven weeks before 
the recent pullbacks. This level was lost after BTC closed last week below it 
and &#8220;should not become a resistance level.&#8221; To the analyst, it’s key that this 
week’s close solidifies the price recovery as it would position the 
cryptocurrency for a retest and confirmation of $104,400 as support and 
continue the build the base around this area to transition into the next 
multi-week Price Discovery Uptrend. Rekt Capital added that the timeline for 
BTC’s next uptrend will depend on the length of the new transitional period. 
However, he believes that it will take “a bit longer” to break out. Related 
Reading: Injective Prepares For Bullish Reversal Amid 25% Recovery – Analyst 
Forecasts Massive Breakout Additionally, he suggested that what comes after 
the upcoming uptrend will also depend on how long it takes, as it could lead 
to an extended cycle or a prolongation of this phase, which could push the 
cycle peak into deeper stages of 2025. Nonetheless, the analyst affirmed that 
it’s crucial that the next corrective period, which could see Bitcoin drop 
between 25% to 33%, is short to potentially enjoy a third Price Discovery 
Uptrend before the bear market. As of this writing, BTC is trading at 
$107,555, a 3.2% increase in the weekly timeframe. Featured Image from 
Unsplash.com, Chart from TradingView.com

Bitcoin Next Price Discovery Coming? Analyst Shares BTC’s 2025 Roadmap

The proposed spot Dogecoin exchange-traded fund ETF may be gaining ground, as 
growing engagement between issuers and regulators boosts hopes for approval. 
According to recent filings, Bitwise Asset Management has submitted amended 
applications to the U.S. Securities and Exchange Commission…

Doge ETF inches toward approval as Bitwise updates filing

Believe memecoin launchpad has unveiled $1million Believe Builders Fund to 
back builders and communities through various initiatives. On June 27, 
Believe, a Web3 SocialFi platform enabling token launches via social 
interactions on X, announced the launch of the Believe Builders…