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Multiple cryptocurrency fund managers have predicted that Bitcoin will struggle to surpass $100,000 by the end of the year. According to a survey of major crypto fund managers by The Block, none of the respondents anticipated a year-end BTC price above that level. Jack Platts, founder of Hypersphere Ventures, forecasted that Bitcoin's year-end price could be $55,000 in a base scenario, $40,000 in a bearish scenario, and $80,000 in a bullish scenario. Meanwhile, David Grider of Finality Capital suggested that BTC will form a bottom in the $45,000 to $55,000 range before recovering to a level between $65,000 and $75,000 by year-end.

24-hour crypto futures liquidations The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $132.32 million liquidated (85.29% shorts) - ETH: $61.52 million liquidated (70.71% shorts) - ZEC: $13.6 million liquidated (93.43% shorts)

ZEC has risen by 3.81% in the past five minutes on the COINNESS market. Currently, ZEC is trading at $489.54.

Thomas Braziel, CEO of crypto investment and advisory firm 117 Partners, has demanded further disclosure from Cardano (ADA) founder Charles Hoskinson regarding the use of 1,096 BTC. Writing on X, Braziel noted that Hoskinson had explained the funds, originally held by the Manxem Foundation for the Cardano Foundation, were used to resolve audit procedures and related requirements concerning Michael Parsons, the foundation's former board chairman. Braziel stated that if this is true, the next step should be the release of contracts, approvals, and payment records. He emphasized that the key questions were where the 1,096 BTC went, who received it, and why. Braziel also raised further questions, pointing out that if foundation assets were used to resolve the dispute with Parsons, it is unclear why the foundation received only a portion of the economic benefits while IOHK controlled approximately 95% of the raised BTC and received billions of ADA. This follows a previous demand from Braziel for an explanation on the whereabouts of the BTC. Separately, the CEO of Anvil, a Cardano ecosystem development agency, had stated he "lost everything" after going all-in on ADA for five years.

Strategy founder Michael Saylor has argued that the stock price of a company strategically accumulating BTC can outperform the cryptocurrency itself, depending on its debt structure. In a post on X, Saylor explained that a company buying BTC without debt or preferred stock will see its share price track the price of BTC, much like a spot BTC ETF. However, he noted that in an environment where BTC's annual price appreciation exceeds the cost of financing, the common stock of a BTC-accumulating firm with a solid capital structure could see returns that surpass those of BTC. This is because an increase in debt can amplify shareholder returns, creating the potential to outpace BTC's price gains. Saylor added that not all debt is the same. He elaborated that short-term, high-cost debt could turn this opportunity into risk and potential losses, whereas long-term, low-cost debt can serve as a tool to expand shareholder profits.

South Korean crypto exchange Bithumb has announced it will temporarily suspend deposits and withdrawals for Zilliqa (ZIL) to support an upcoming network upgrade. The suspension is scheduled to begin at 6:00 a.m. UTC on June 16.

Early Warning Services, the operator of U.S. online payment service Zelle, has unveiled its own dollar-based stablecoin, ZLUSD, and announced the launch of an international remittance service, with India selected as the first supported country. The company plans to expand its overseas remittance services to other countries in the future.

An anonymous whale expanded their ETH short position by borrowing an additional 10,000 ETH ($17.25 million) on Aave, according to on-chain analyst ai_9684xtpa. The move came four hours after the address withdrew 45.5 million USDT from Binance and deposited it as collateral. The address now has a total of $156 million in stablecoins deposited as collateral and has borrowed a total of 35,388 ETH to open its short position. The position's average entry price is $1,682.14, with a liquidation price of $3,453.30, and it is currently showing an unrealized loss of approximately $1.1 million.

CoinMarketCap's Altcoin Season Index is currently at 50. The index is calculated by comparing the price performance of the top 100 coins by market capitalization, excluding stablecoins and wrapped coins, against that of Bitcoin. An 'altcoin season' is declared when 75% of these top coins have outperformed Bitcoin over the past 90 days. If the opposite is true, it is considered a 'Bitcoin season.' A score closer to 100 indicates an altcoin season.

An anonymous whale with a win rate of over 90% on Hyperliquid has opened a short position of 17,000 ETH ($29.36 million) at $1,717.8 following a surge in ETH's price and is now facing an unrealized loss of over $140,000, EmberCN reported. The same whale has earned $4.91 million from ETH trades since June 10.

Coinbase CEO Brian Armstrong said he is a long-term Bitcoin holder and believes the cryptocurrency recently bottomed out around $60,000. Speaking in an interview with the crypto podcast MoonShots, Armstrong stated that the current situation is never as good or as bad as it seems. He added that while AI and stablecoins are receiving attention in the short term, he sees Bitcoin gaining prominence as the new gold in the long run.

According to data from Tokenomist, the major token unlocks scheduled for this week (June 15–21) are as follows: - SEI: 55.56 million tokens ($2.86 million), representing 0.93% of circulating supply, at 12:00 p.m. UTC on June 15 - ARB: 92.65 million tokens ($7.76 million), representing 1.68% of circulating supply, at 1:00 p.m. UTC on June 16 - YZY: 20.83 million tokens ($6.23 million), representing 4.27% of circulating supply, at 3:00 a.m. UTC on June 17 - SPK: 900 million tokens ($17.83 million), representing 27.08% of circulating supply, at 9:00 a.m. UTC on June 17 - ZRO: 25.71 million tokens ($23.16 million), representing 4.83% of circulating supply, at 11:00 a.m. UTC on June 20 - KAITO: 17.6 million tokens ($7.4 million), representing 4.49% of circulating supply, at 12:00 p.m. UTC on June 20

LAB has risen by 4.23% in the past five minutes on the COINNESS market. Currently, LAB is trading at $11.3.

Mirae Asset Management has signed a memorandum of understanding (MOU) with Ondo Finance to build a digital asset-based investment product and tokenized financial ecosystem. According to Yonhap Infomax, the two companies plan to collaborate in various areas, including: - Tokenization of funds and real-world assets - Building on-chain asset management infrastructure - Developing digital investment products for global investors

The Crypto Fear & Greed Index stands at 23, moving into the 'Fear' category after being in 'Extreme Fear' on June 13, according to data from CoinMarketCap. The index measures market sentiment on a scale from 0 (Extreme Fear) to 100 (Extreme Optimism). CoinMarketCap calculates its index based on several factors, including the price movements of the top 10 cryptocurrencies by market capitalization, market volatility, derivatives market data such as put/call ratios, the Stablecoin Supply Ratio (SSR), and its own search data.

The following are the key global macroeconomic events scheduled for the third week of June: - June 16, 3:00 a.m. UTC: Japan interest rate decision - June 16, 12:15 p.m. UTC: U.S. ADP weekly employment change report - June 17, 6:00 p.m. UTC: U.S. interest rate decision, FOMC statement and dot plot release - June 17, 6:30 p.m. UTC: FOMC press conference - June 18, 12:30 p.m. UTC: U.S. initial jobless claims - June 18, 8:30 p.m. UTC: Fed balance sheet

The Spot CVD chart analyzes the order book for the BTC/USDT spot pair. The upper section shows a Volume Heatmap, while the lower section displays the Cumulative Volume Delta (CVD). - The Volume Heatmap at the top tracks trading volume at specific price levels. The background color brightens when the price lingers in a particular range or experiences significant movement. These brighter areas can potentially act as support or resistance levels. - The Cumulative Volume Delta (CVD) indicator at the bottom represents buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. The yellow line tracks orders between $100 and $1,000, while the brown line represents large orders ranging from $1 million to $10 million.

The U.S. Commodity Futures Trading Commission's (CFTC) Division of Market Oversight issued a no-action letter on June 12 allowing certain expiring crypto futures-like products to be converted into perpetual futures. The policy, an extension of previous regulatory clarifications, applies to specific cryptocurrency products with deep and active spot markets, such as Bitcoin. Under the new guidance, futures products with expiration dates can be converted into perpetual contracts by removing their expiry dates, provided they meet the necessary requirements.

Coinbase (COIN) has announced its plan to evolve beyond cryptocurrency custody and trading services into a comprehensive financial infrastructure provider, encompassing derivatives, tokenization, and stablecoin infrastructure. John D'Agostino, Head of Institutional Strategy at Coinbase, said the company's goal is to replace the back-end ledgers of financial settlement and clearing systems, which have seen no technological change for decades, with a faster, more cost-effective blockchain-based system. He emphasized that Coinbase aims to become a comprehensive prime broker offering a one-stop shop for various cryptocurrency financial services.

It is physically impossible for the CLARITY Act to be passed into law by July 4, according to Eleanor Terrett, host of the crypto policy outlet CryptoInAmerica. Terrett explained on X that for the bill to pass by that date, several issues would need to be resolved within two weeks. These include establishing an ethics provision acceptable to both Republicans and Democrats, completing the merger process with the Agriculture Committee's version of the bill, securing at least 60 votes in favor, and passing the legislation through both the House and Senate. Her comments follow earlier reports from crypto media outlets like CryptoSlate, which also noted that the bill had hit a snag ahead of a full Senate vote.

LAB has fallen by 4.13% in the past five minutes on the COINNESS market. Currently, LAB is trading at $11.18.

Rug pulls account for more than 54% of new cryptocurrency scams, making them the biggest threat, according to on-chain security platform Web3 Antivirus. The platform reported that other common fraud types include honeypots, where tokens can be bought but not sold, fake tokens, and fraudulent airdrops. It warned that many scam projects disguise themselves as legitimate before draining their liquidity, noting that it has recently detected nearly 4 million fraudulent contracts. Web3 Antivirus also highlighted that AI technology is increasingly being used to create sophisticated phishing emails and fake websites to perpetrate these scams.

Siren (SIREN), a token that faced allegations of price manipulation several months ago, has plummeted more than 55% over the past 24 hours amid continued on-chain selling pressure. On-chain analyst EmberCN noted that addresses believed to belong to the Siren team recently sold 360 million SIREN for over 48.7 million USDT. The analyst added that these wallets still hold over 319 million SIREN and warned that another move involving price manipulation could be imminent, as realizing such large profits through on-chain activity is typically difficult for a token of this nature. According to CoinMarketCap, SIREN is currently trading at $0.05262, down 56.44% over the last 24 hours.

With the temporary grace period for the European Union's (EU) Markets in Crypto-Assets (MiCA) regulation set to end this July, about 75% of existing registered companies are at risk of being forced out of the market, CryptoSlate reported. The outlet noted that concerns are rising that the market could be reshaped around large institutions due to high licensing costs and strict regulatory requirements, potentially limiting consumer choice. Major exchanges are already delisting non-compliant stablecoins such as USDT, and restructuring is expected to begin across exchanges and the industry as a whole.

Iran's National Security Council announced that the naval blockade against the country will be lifted immediately and in full. The council added that the opposing party has officially confirmed the signing of a Memorandum of Understanding (MOU), and that final agreement negotiations will begin after the commitments outlined in the MOU are fulfilled.