According to Santiment, blockchain data shows that three massive Bitcoin transactions on June 1st and 2nd coincided with a local top as BTC's market value aimed to rebound above $107,000. The Bitcoin blockchain recorded $44.03 billion in transaction volume during this period, suggesting heightened institutional or whale activity at market resistance levels (source: Santiment, June 5, 2025). Traders should monitor on-chain volume spikes and large transfers as potential signals of local tops or reversals, which could impact short-term trading strategies and crypto market liquidity.

According to Reuters, Harvard University has filed a lawsuit against the Trump administration in response to new policies that block the enrollment of international students in the U.S. due to COVID-19-related visa restrictions (Reuters, July 8, 2020). This legal action is significant for crypto traders, as international student flows often influence cross-border capital movement and stablecoin demand. The potential tightening of U.S. immigration policies could limit access to the U.S. banking system for foreign students, leading to increased adoption of cryptocurrencies as alternative financial tools (Reuters, July 8, 2020). Traders should monitor potential volatility in USD-backed stablecoins and shifts in Bitcoin and Ethereum transaction volumes as the case develops.

According to trevor.btc on Twitter, a new Bitcoin-related service is now available, although the provider does not actively encourage its use (source: trevor.btc, Twitter, May 12, 2025). Traders should note that the existence of such services can impact liquidity and accessibility in the Bitcoin market. Monitoring the adoption and usage trends of these services may provide early signals for shifts in transaction volumes and short-term price volatility, which are crucial for trading strategies.