Bitcoin: the thrill and drama of a single candle
On Monday the BTC price slid to $103,000, triggering roughly $450 million in margin liquidations. By Friday it had rebounded to $107,000. Extra optimism came from a major top-up by BlackRock’s Bitcoin ETF. The week’s main intrigue is the quarterly options expiry on 28 June: the max-pain zone for put sellers sits near $102,000 and could steer the next move.
Bhutan holds BTC worth 40 % of its GDP
State fund Druk Holding & Investments has quietly amassed 12,000+ BTC (≈ $1.3 billion), mining since 2020 on surplus hydropower. In 2023 the kingdom sold $100 million in bitcoin and doubled civil-service salaries—half the country learned about the reserve only after the pay raise.
Bolivia switches to crypto cash registers
Rising inflation keeps squeezing the boliviano, so cafés, salons and even fried-chicken stalls now accept BTC and USDT. Crypto ATMs are appearing in cities, and payments run through Binance Pay. Small businesses protect margins and promote crypto among locals.
Solana sets its sights on Wall Street
Invesco and Galaxy Digital have filed simultaneous SEC applications for a spot SOL ETF. Analysts joke that approval could usher in an “altcoin-ETF season,” opening doors for more than just bitcoin.
Lightning Network now supports stablecoins
Lightning Labs released Taproot Assets v0.6, enabling issuance and transfer of stablecoins on Bitcoin’s L2 with near-zero fees. The upgrade positions Lightning as a practical rail for instant, low-cost everyday payments.TRON went dark for 15 minutes
On 24 June the blockchain stalled—no blocks, nervous users. Developers rebooted nodes and service resumed; funds remained safe, a reminder that even top-tier networks can suffer a brief “morning lag.”
USDT reaches a new peak
Tether’s market cap surpassed $157 billion, giving USDT 60 % of the stablecoin market. Higher U.S. Treasury yields have reinforced its reserve model and bolstered confidence in the token.
Market rebounds amid political easing
On 24 June total crypto capitalisation rose nearly 3 % in a day: 98 of the top-100 coins closed in the green as geopolitical tension subsided.
Bhutan’s state mining, stablecoins on Lightning and a wave of ETF filings show institutions—and even entire nations—moving deeper into crypto while retail traders fret over five-figure candles. The next volatility markers are the options expiry on 28 June and the SEC’s forthcoming verdicts on new ETFs. Stay alert: today’s network hiccup or flash dump could become tomorrow’s growth driver.
