According to @FarsideUK, Bitcoin (BTC) is in a standoff near its all-time high, with long-term holders refusing to sell while short-term traders increase leverage. On-chain analysis from Glassnode indicates that "HODLing appears to be the dominant market mechanic," evidenced by a surge in long-term holder supply to 14.7 million BTC and historically low realized profits. This patience is met with strong institutional demand, as QCP Capital reported $2.2 billion in net inflows to BTC spot ETFs last week. However, QCP also notes that leveraged long positions are rising with positive funding rates, creating a fragile equilibrium. Glassnode warns that the market may require a significant move to unlock supply, suggesting an explosive breakout could be near. This trend is bolstered by corporate adoption, with Figma disclosing a $70 million BTC ETF position and DeFi Development Corp. planning to raise $100 million to accumulate more Solana (SOL).

According to @KobeissiLetter, trading firm QCP reports that Bitcoin (BTC) is trading in a range around $105,000 due to market uncertainty over the escalating Israel-Iran conflict. QCP notes that risk reversals have flipped, with BTC puts commanding premiums over calls, indicating heightened investor anxiety and downside hedging. Despite this and over $1 billion in recent long position liquidations, on-chain data shows institutional buying continues to provide support. In other market developments, Bybit's CEO announced the launch of Byreal, a new decentralized exchange built on Solana (SOL), with a testnet planned for June 30. Separately, Aaron Brogan of Brogan Law analyzed the successful IPO of Circle (USDC), attributing it to factors like high public market valuations for crypto-related stocks, potential regulatory clarity from the GENIUS Act, and favorable high-yield Treasury conditions for stablecoin issuers. Galaxy Research's Alex Thorn also commented that the OP_Return debate was overstated and that community focus should shift to potential upgrades like CheckTemplateVerify (CTV).

According to @KobeissiLetter, trading firm QCP reports that Bitcoin (BTC) is range-bound around $105,000 as the market weighs the risk of an escalating Israel-Iran conflict. QCP's analysis highlights that risk reversals have flipped, with front-end BTC puts commanding premiums, signaling heightened investor anxiety and downside hedging. Despite this defensive sentiment and over $1 billion in recent liquidations, QCP notes that on-chain data shows persistent institutional buying is providing significant support. Adding a long-term perspective, Glassnode data indicates Bitcoin's current cycle gain of 656%, while lower than previous cycles, is impressive given its larger market capitalization, suggesting strong underlying demand. Separately, Bybit announced the launch of Byreal, a new decentralized exchange built on Solana (SOL), with its testnet scheduled for June 30.

According to @BitMEXResearch, Bitcoin (BTC) is trading around $105,000, constrained by market uncertainty over the escalating Israel-Iran conflict, as reported by trading firm QCP. QCP notes that risk reversals have flipped, with front-end BTC puts now commanding significant premiums over calls, signaling heightened investor anxiety and hedging against downside risk. Despite this defensive positioning, QCP highlights that on-chain data shows continued institutional buying is providing meaningful support. Separately, Glassnode data indicates that Bitcoin's current cycle gain of 656% is impressive given its larger market capitalization compared to previous cycles. In other market developments, Bitfinex Securities has launched two new Real World Asset (RWA) products, TITAN1 and TITAN2, on the Liquid Network, focusing on alternative finance in the UK. Jesse Knutson, head of operations at Bitfinex Securities, emphasized the goal is to disintermediate traditional finance and provide capital access where banks fall short. Additionally, Bybit announced its entry into the decentralized exchange space with Byreal, a Solana-native DEX with a testnet planned for June 30.

According to @CrypNuevo, Bitcoin (BTC) is demonstrating resilience, holding steady between $105,000 and $106,000 despite market uncertainty driven by the Israel-Iran conflict. Trading firm QCP noted that while risk reversals show investors are hedging against downside risk, institutional buying continues to provide significant support, with spot Bitcoin ETFs seeing $2.2 billion in net inflows in a single week. On-chain data from Glassnode reinforces this stability, indicating a dominant 'HODLing' behavior among long-term investors, with realized profits remaining low and older coins staying dormant. This dynamic creates a standoff between patient long-term holders and short-term traders increasing leverage, as indicated by rising funding rates mentioned by QCP. Corporate interest is also growing, evidenced by design firm Figma disclosing a $70 million position in a Bitcoin ETF. In ecosystem news, Bybit announced the upcoming launch of Byreal, a Solana-native decentralized exchange, and DeFi Development Corp. plans to raise $100 million for potential further accumulation of Solana (SOL).

According to @GreeksLive, Bitcoin (BTC) is exhibiting resilience by holding the crucial $105,000 support level despite significant market pressure from the escalating Israel-Iran conflict. Trading firm QCP notes that while the market is stuck in a range awaiting geopolitical clarity, risk reversals have flipped, indicating heightened investor anxiety and a preference for downside protection through puts. Technical analysis shows BTC trading within a range of $104,220 to $106,135, with a rising trendline of higher lows remaining intact. Despite over $1.1 billion in recent liquidations, on-chain data cited by QCP suggests that institutional buying continues to provide support on dips, consolidating the price rather than signaling a reversal.

According to @FarsideUK, Bitcoin (BTC) is in a disciplined standoff, trading around $105,500, as long-term investors refuse to sell while short-term traders increase leverage. On-chain data from Glassnode shows 'HODLing appears to be the dominant market mechanic,' with long-term holder supply reaching 14.7 million BTC and the Liveliness metric declining, indicating older coins remain dormant. This patience is met with strong institutional demand, evidenced by $2.2 billion in net inflows to spot BTC ETFs last week, as reported by QCP. However, QCP also notes that rising leveraged long positions and positive funding rates are creating a fragile equilibrium. This dynamic is further highlighted by significant corporate treasury moves, including design firm Figma disclosing a $70 million BTC ETF holding and DeFi Development Corp. planning a $100 million capital raise to potentially accumulate more Solana (SOL). Glassnode warns this standoff between conviction and leverage may require a significant price move to resolve, suggesting a potentially explosive breakout is on the horizon.

According to @AltcoinGordon, Bitcoin (BTC) is demonstrating resilience, holding above the key psychological threshold of $100,000 despite escalating geopolitical tensions in the Middle East. Analysts at crypto hedge fund QCP Capital note that this price stability is largely underpinned by continued institutional and corporate accumulation. For instance, Strategy has added over 10,000 BTC, and The Blockchain Group added 182 BTC to its treasury, as cited in the report. Further positive sentiment comes from regulatory progress in the U.S., where the Senate's approval of the GENIUS Act for stablecoins is viewed as a structural win for the industry. However, derivatives markets indicate trader caution, with perpetual funding rates barely positive and a bias for protective put options, according to data from Deribit. On the altcoin front, technical analysis shows Chainlink's LINK token has confirmed renewed bearish momentum after dropping below the Ichimoku cloud, with immediate support cited at the $12.6 level.

According to @FarsideUK, Bitcoin (BTC) is in a fragile equilibrium, trading above $105,500 and consolidating near its all-time high as a standoff forms between patient long-term holders and traders increasing leverage. On-chain data from Glassnode reveals a dominant "HODLing" sentiment, with long-term holder supply surging to 14.7 million BTC and historically low realized profits, indicating a reluctance to sell. In contrast, QCP Capital notes that leveraged long positions are rising and funding rates have turned positive, signaling growing short-term speculation. This tension is met with persistent institutional demand, evidenced by $2.2 billion in net inflows to spot BTC ETFs last week and continued accumulation by firms like Strategy and Metaplanet, according to market data. Adding to institutional bullishness, the Federal Housing Finance Agency has ordered Fannie Mae and Freddie Mac to prepare to count cryptocurrency as a mortgage asset, and design firm Figma disclosed a $70 million position in a spot Bitcoin ETF. Analysts at Glassnode warn this equilibrium is unsustainable and that the market may need a significant move to unlock supply and break the standoff.

According to @KobeissiLetter, market analysis from trading firm QCP indicates Bitcoin (BTC) is range-bound around $105,000 as traders monitor the risk of an escalating Israel-Iran conflict. QCP notes that derivatives markets reflect heightened anxiety, with front-end BTC puts trading at a premium, signaling a defensive posture and increased hedging. Despite this caution and over $1 billion in recent liquidations, QCP highlights that on-chain data shows resilient institutional buying providing support. In public markets, Aaron Brogan of Brogan Law points to the successful Circle (USDC) IPO, which raised over $1 billion and saw its market cap surge to $43.9 billion, as a potential indicator that stock markets will pay a premium for crypto-related assets. This trend is further supported by a CoinShares survey showing nearly 90% of crypto holders plan to increase their allocations, indicating strong underlying investor conviction.

According to @KobeissiLetter, trading firm QCP notes that Bitcoin (BTC) is stuck in a range around $105,000 due to uncertainty from the Israel-Iran conflict. QCP's analysis highlights that risk reversals have flipped, with front-end BTC puts now commanding significant premiums, indicating heightened investor anxiety and downside hedging. Despite this defensive positioning and over $1 billion in recent liquidations, QCP reports that on-chain data shows strong institutional buying continues to provide support, leaving the market headline-driven. Separately, Aaron Brogan of Brogan Law analyzes the successful IPO of Circle (USDC), suggesting its massive valuation could be driven by factors like the pending GENIUS Act for stablecoins and high Treasury yields boosting issuer revenue. Meanwhile, Bybit announced the launch of Byreal, a new decentralized exchange on the Solana blockchain, with a testnet planned for June 30.

According to Lookonchain, the Royal Government of Bhutan has transferred 406 BTC, valued at $40 million, to QCP Capital just 15 minutes ago. Despite this transfer, Bhutan still holds a significant amount of Bitcoin, totaling 12,202 BTC, which is valued at approximately $1.2 billion. This move indicates active management of their cryptocurrency reserves and could influence market perceptions of Bitcoin's institutional adoption.

According to @OnchainDataNerd, QCP Capital recently transferred 5 million USDC to Galaxy Digital to accumulate ETH. Shortly after, Galaxy Digital transferred 2,000 ETH back to QCP. Additionally, Galaxy Digital deposited 25 million USDC to Binance and Coinbase yesterday. These transactions suggest active trading and accumulation activities between these entities.

According to @OnchainDataNerd, QCP Capital has deposited 100.5 WBTC, valued at approximately $5.87 million, to Binance just an hour ago. This move could indicate a potential trading strategy or liquidity provision by QCP Capital on the Binance exchange.

According to @0xScopescan, a QCP Capital related address withdrew 76.6K AVAX (worth $2.1 million) from Binance after initially depositing AVAX in Q1. This withdrawal coincided with a 3% increase in the price of AVAX.