Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) is down 6% on Thursday but remains on traders&#8217; watchlists for <a href="https://www.benzinga.com/money/dogecoin-doge-price-prediction">a potential breakout</a>.



What Happened: Market commentator Investing Haven <a href="https://investinghaven.com/crypto-blockchain/coins/what-could-1000-in-dogecoin-be-worth-in-one-year/">modeled</a> the potential returns of a $1,000 investment in DOGE over one year.



In a stable or modestly bullish market, the potential return would be $1,050 to $1,400; in a hype-driven rally $1,500 to $2,000.



The commentator pointed out that Dogecoin is trading around $0.18 levels with strong volume and a valuation of $27.5 billion, backed by a loyal community. Still, it remains highly speculative due to its inflationary supply (5 billion new coins annually) and sentiment-driven volatility.



Technically, DOGE is consolidating between $0.187 and $0.216. 



A breakout above $0.205 could trigger a rally to $0.24–$0.26, while a drop below $0.185 risks decline to $0.17 or lower. 



Endorsements and cultural moments, especially involving Elon Musk, heavily influence price.



Overall, while DOGE has potential upside fuelled by hype, its speculative nature and inflationary model make it a risky investment. 



Key levels to watch are $0.205 for bullish continuation and $0.185 as support.



Despite a significant price slump, Dogecoin's options volume and open interest jumped 266.2% and 55.9%, respectively, according to Coinglass data.



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45845098/what-is-dogecoins-next-move-watch-these-2-liquidation-levels-trader-warns">What Is Dogecoin&#8217;s Next Move? Watch These 2 Liquidation Levels, Trader Warns</a>



What's Next: InvestingHaven <a href="https://x.com/InvestingHaven/status/1932759466761769293">predicts</a> Dogecoin's one-year outlook ranges from modest gains to meme-driven upside. 



He believes a breakout above $0.205–0.208 could fuel 30–50% gains. 



While viral catalysts drive Dogecoin's big moves, the inflationary tokenomics limit long-term scarcity.



Trader Tardigrade sees Dogecoin's uptrend pattern remained consistent on the all-time chart and traders should only choose right entry point and reap profits.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a>&#39;s Uptrend Pattern has remained consistent on the all-time chart &#x1f525; Simply choose your entry point and enjoy the profits &#x1f680;<a href="https://twitter.com/search?q=%24Doge&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$Doge</a> <a href="https://t.co/jeo4ehMkgZ">pic.twitter.com/jeo4ehMkgZ</a>&mdash; Trader Tardigrade (@TATrader_Alan) <a href="https://twitter.com/TATrader_Alan/status/1933144019699380650?ref_src=twsrc%5Etfw">June 12, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45901289/bitcoin-ethereum-xrp-dogecoin-slide-on-thursday-morning-whats-going-on">Bitcoin, Ethereum, XRP, Dogecoin Slide On Thursday Morning: What&#8217;s Going On?</a></li>
</ul>



Image: Shutterstock

Dogecoin Drops 6%: Why Is It Going Down?

Shiba Inu's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) burn rate has spiked, alongside a rise in whale transactions and daily transactions. Key Shibarium updates reflect strong fundamentals for <a href="https://www.benzinga.com/money/shiba-inu-price-prediction">the meme coin</a>.



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Price&nbsp;&nbsp;&nbsp;</td><td>Market Cap</td><td>24-Hour Trend</td><td>7-Day Trend</td></tr><tr><td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td> $0.00001257</td><td>$7.4 billion</td><td>-4.5%&nbsp;</td><td>-2.5%&nbsp;</td></tr><tr><td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td> $0.1874</td><td>$28 billion</td><td>-5.6%&nbsp;</td><td>&#8211;2%&nbsp;</td></tr><tr><td>Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td><td> $0.00001216</td><td>$5.1 billion</td><td>-4.2%&nbsp;</td><td>+2.6%&nbsp;</td></tr></tbody></table></figure>



Trader Notes: Technical analyst Investing Haven notes that SHIB has held key support around $0.000012345, aligning with expected annual lows near $0.0000133. 



The chart may be forming a bullish W-reversal pattern, which — if confirmed — could push SHIB toward a target of $0.0000666.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> Respects Critical Support SHIB held its ultra-strong $.000012345 level during key time windows, aligning with our forecasted annual lows at $.0000133. The chart now shows signs of a potential W-reversal. Successful W-reversal could set <a href="https://twitter.com/hashtag/SHIB?src=hash&amp;ref_src=twsrc%5Etfw">#SHIB</a> on a path toward $.0000666. <a href="https://t.co/hIfjyr85EB">pic.twitter.com/hIfjyr85EB</a>&mdash; InvestingHaven (@InvestingHaven) <a href="https://twitter.com/InvestingHaven/status/1932413421955494123?ref_src=twsrc%5Etfw">June 10, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Statistics: On-chain data shows a 112,839.2% spike in the burn rate over a single day. 



Within just nine hours, three major burn transactions were executed — including one that incinerated 97.6 million SHIB in a single go.



This spike in burns coincided with a rise in whale activity. 



According to IntoTheBlock, large transaction volume soared 93.3%, with the number of SHIB transactions over $100,000 climbing from 47 to 58.



Data from Shibariumscan reveals that daily transactions have surged to 4.5 million, building on momentum that began on June 6 when transaction count crossed 3.5 million. 



This uptick reflects growing utility and adoption of Shiba Inu's Layer-2 network.



Community News: The Shiba Inu team <a href="https://x.com/LucieSHIB/status/1931995389164499266">announced</a> a major upgrade aimed at improving token utility through enhanced DeFi integrations and new auto-burn features. 



This includes the launch of precision liquidity pools, which allow providers to target specific price zones — a move designed to optimize capital efficiency.



In a separate development, Shiba Inu has <a href="https://x.com/Shibtoken/status/1932830240587325516">partnered</a> with TokenPlayAI, an AI-powered Web3 gaming platform. 



The partnership kicks off with a Shiba-themed game and plans to expand into a full SHIB arcade, underscoring SHIB&#8217;s ambition to lead in the decentralized gaming space.



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45817330/shiba-inu-slides-4-5-on-the-week-why-is-it-going-down">Shiba Inu Slides 4.5% On The Week: Why Is It Going Down?</a></li>
</ul>



Image: Shutterstock

Shiba Inu Burn Rate Explodes Over 112,000% In One Day — What's Fueling The Surge?

Paul Tudor Jones on Wednesday emphasized that the United States is on a long-term trajectory of high budget deficits and constrained fiscal space, and the best investment strategy to withstand this environment centers around a diversified portfolio made up of <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44977898/bitcoin-gold-are-top-inflation-hedges-says-coinbases-john-dagostino">Bitcoin, gold and equities</a>.



"What would an ideal portfolio be in something like that?" Jones said in an <a href="https://www.bloomberg.com/news/videos/2025-06-11/tudor-jones-on-next-fed-chair-trump-budget-markets-video">interview</a> with Bloomberg.



"What has worked so far has been some combination of stocks… probably gold. Vol[atility] adjusted Bitcoin gold stocks. That's probably your best portfolio to fight inflation vol[atility] adjusted."



Jones explained that the allocation should reflect each asset&#8217;s risk profile, particularly Bitcoin's volatility. 



"The vol[atility] of Bitcoin is obviously five times that of gold," he said, adding that the construction of the portfolio must take that into account.



The comments were made in the context of a broader discussion about the U.S. fiscal outlook, where Jones argued that continued deficit spending, normalized under successive administrations, makes it highly likely that future policymakers will opt for monetary policy measures that suppress real interest rates.



"We are fiscally constrained and we're going to have budget deficits of 6 percent plus as far as the eye can see," Jones said. "One of the major offsets if I was the president would be to lower my interest rate costs by appointing a Fed chair who is as dovish as could possibly be."



He added that running negative real rates is historically consistent with how governments have dealt with high debt burdens. 



"That's the playbook when you're 100 percent debt to GDP and you're fiscally constrained," he said. "You can see it happening in Japan right now."



As such, Jones said he expects U.S. interest rates to fall significantly within the next 12 months. 



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45890931/crypto-payments-gain-ground-but-travel-industry-adoption-remains-limited">Crypto Payments Gain Ground, But Travel Industry Adoption Remains Limited</a>



"Twelve months from now, rates are going to drop precipitously with a new Fed chair," he said, referencing President Donald Trump&#8216;s statements <a href="https://in.investing.com/news/stock-market-news/trump-demands-100-bps-rate-cut-again-ahead-of-fed-meet--but-experts-warn-tariffs-could-stoke-inflation-4873226">advocating</a> a 100-basis-point cut.



The fund manager argued that this anticipated policy environment, low real interest rates, inflation running above target, and continued deficit expansion, makes traditional fixed income unattractive. 



Instead, assets with a historical track record of holding value during inflationary periods become more compelling.



Jones reiterated his past support for Bitcoin, which he first publicly backed in 2020 as a hedge against inflation. "If I'm a policymaker, I'm going to run really low real rates. I'm going to have inflation running hot and I'm going to tax the American consumer."



Comparing this to Japan's current economic strategy, Jones noted, "That's exactly what Japan, who's the most fiscally constrained in the world, is doing. And it works… until the population throws you out because you let inflation get too hot."



While stocks, in his view, "won't do great" in the event of a sharp fiscal reckoning or bond market shock, Jones still includes equities in his inflation hedge mix, albeit with caution. 



"The biggest threat to the stock market has been our fiscal profligacy… something like the big beautiful bill," he said, alluding to the cumulative impact of aggressive spending proposals.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45890655/alpha-liquid-terminal-debuts-chatanalyst-ai-as-financial-research-agent-across-crypto-fx-equities">Alpha Liquid Terminal Debuts ChatAnalyst AI As Financial Research Agent Across Crypto, FX, Equities</a></li>
</ul>



Image: Shutterstock

Bitcoin, Gold, Stocks Is The Best Portfolio To Fight Inflation, Billionaire Paul Tudor Jones Says

The recent surge in yields from <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45863516/ethereum-derives-value-from-driving-tokenization-stablecoin-growth-bernstein">tokenized treasury protocols</a> isn't a temporary arbitrage, but a more sustainable trend driven by macroeconomic fundamentals and one that could reshape on-chain yield generation, according to RWA.io's Co-founder and COO, Marko Vidrih.



Vidrih emphasized that these yields, driven by macroeconomic factors like rising interest rates, provide a stable alternative to volatile DeFi protocols, positioning tokenized treasuries as a reliable investment in the digital asset landscape.



"From our perspective at RWA.io, the higher yields offered by tokenized treasury protocols compared to on-chain stablecoin lending are a reflection of several factors, and we see this as a sustainable trend, not merely a short-term spread," he said.



He attributed the sustainability to the direct link between tokenized treasuries and U.S. Treasuries, which are backed by the U.S. government's credit and driven by interest rate dynamics rather than crypto-native risks like smart contract vulnerabilities or leveraged positions.



He noted, "The yield generated from these tokenized products comes directly from the interest payments of the underlying Treasuries, which are then passed on to the token holders." 



Unlike DeFi protocols reliant on inflationary token emissions, tokenized treasuries benefit from the predictability of traditional financial markets. 



Vidrih highlighted that as the real-world asset (RWA) sector matures, institutional adoption will further solidify their reliability.



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45888354/brazil-india-lead-emerging-markets-for-crypto-investment-opportunities-deus-x-ceo-tim-grant-says">Brazil, India Lead Emerging Markets For Crypto Investment Opportunities, Deus X CEO Tim Grant Says</a>



Addressing user experience, Vidrih acknowledged that while tokenized treasuries are gaining traction, challenges remain. 



He pointed to ongoing developments in scalability and compliance, stating, "Scalability is being addressed with Layer 2 solutions and more critical issue of compliance is being solved through permissioned layers, on-chain identity tools and collaboration between regulators and financial firms." 



However, he noted that fragmented standards across blockchains and regulatory uncertainties continue to hinder seamless adoption by traditional finance.



Vidrih also discussed the broader RWA landscape, predicting the rise of non-USD denominated assets as global interest in tokenization grows. 



He cited the concentration of DeFi in U.S. Treasuries as a natural early phase, with diversification into assets like real estate and private credit expected as legal frameworks evolve. 



On regulatory challenges, he said, "The resolution of the regulatory overhang will not be a single event but a gradual process of clarification, adaptation and collaboration."



Regarding creditworthiness, Vidrih expressed concerns about current on-chain risk frameworks, stating, "Current on-chain risk frameworks are improving but are not yet as robust as those in traditional finance." 



He highlighted issues with legal enforceability and oracle reliability. 



Additionally, he foresaw crypto-native DAOs evolving into capital allocators and underwriters, leveraging community governance to expand RWA opportunities.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45886659/bitcoins-first-resistance-after-new-highs-is-115400-glassnode">Bitcoin&#8217;s First Resistance After New Highs Is $115,400: Glassnode</a></li>
</ul>



Image: Shutterstock

Tokenized Treasuries Offer More Sustainable Yields Than DeFi Lending, Says RWA.io's Marko Vidrih

<figure class="wp-block-image aligncenter size-full"><img loading="lazy" decoding="async" width="500" height="281" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11201223/Two-Subways.jpg" alt="" class="wp-image-14303" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11201223/Two-Subways.jpg 500w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11201223/Two-Subways-300x169.jpg 300w" sizes="(max-width: 500px) 100vw, 500px" /></figure>



<h3 class="wp-block-heading">A Tale of Two Subway Stations</h3>



Clips of grimy New York platforms versus sleek Moscow or Shanghai stations highlight capacity to deliver public goods rather than mere aesthetics. They hint at structural problems that precede—and ultimately produce—America's $34 trillion federal debt.



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading">Problem #1: Resources Flow to Low‑Productivity Services</h3>



The care‑giving boom in New York City



<ul class="wp-block-list">
<li>Between 2018 and mid‑2023, service hours in New York's&nbsp;<a href="https://www.health.ny.gov/health_care/medicaid/program/longterm/cdpap/">Consumer‑Directed Personal Assistance Program (CDPAP)</a>&nbsp;more than doubled, even as traditional agency hours fell 19%.&nbsp;This is a program that basically pays people $20 to $28 per hour to do errands for their elderly relatives—in some cases, on a fulltime basis..</li>



<li>CDPAP wages now account for roughly&nbsp;one in eight&nbsp;private‑sector paychecks in NYC.</li>



<li>Home‑health jobs grew by 57 k last year (≈10 %).</li>



<li>Medicaid reimburses most of those wages, so the dollars come from federal borrowing, yet the output shows up mostly as consumption—not&nbsp;capital formation.</li>
</ul>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading">Problem #2: Tradables Hollow‑Out</h3>



<ul class="wp-block-list">
<li>Tradables share of 2023 GDP (manufacturing + mining/drilling + agriculture):
<ul class="wp-block-list">
<li>• United States ≈ 19 % • China ≈ 46 % • Russia ≈ 37 %</li>
</ul>
</li>



<li>Trade balance, 2023: • United States:&nbsp;−$1.1 T&nbsp;goods &amp; services deficit • China:&nbsp;+$800 B&nbsp;surplus • Russia:&nbsp;+$235 B&nbsp;surplus</li>



<li>The U.S. goods‑and‑services gap widened to&nbsp;$140 B in March 2025, the largest monthly shortfall on record.</li>



<li>Borrowing to fund imported tradables is a double drag: it swells federal debt&nbsp;and&nbsp;diverts purchasing power abroad instead of into domestic plant, equipment, and infrastructure.</li>
</ul>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading">Problem #3: Cost Disease in Public Works</h3>



Where did the $1.2 T Infrastructure Bill money go?



<ul class="wp-block-list">
<li>Two‑plus years after passage, most "projects" remain in design or permitting. DOE progress reports celebrate&nbsp;jobs created, not roads or bridges finished.</li>



<li>Francis Scott Key Bridge (Baltimore):&nbsp;struck in March 2024, geotech surveys began Jan 2025, full reopening&nbsp;target 2028.</li>



<li>Crimean Bridge (Russia):&nbsp;bombed Oct 2022, one lane reopened in 3 months, rail traffic restored in 9 months.</li>



<li>The contrast underscores America's permitting maze, fragmented ownership, and litigation risk that bloat costs and timelines.</li>
</ul>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading">Problem #4: Public‑Order Premium</h3>



<ul class="wp-block-list">
<li>Washington has floated tying transit grants to crime benchmarks, but accurate data went dark when the FBI's NIBRS rollout left 30 %+ of agencies unable to report.</li>



<li>Early 2025 DOJ guidance&nbsp;now requires agencies to file both legacy summary and NIBRS data until compliance tops 95 %, making performance‑tied funding viable—if Congress acts.</li>
</ul>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading">How These Feed the Debt Loop</h3>



<ol class="wp-block-list">
<li>Low‑productivity domestic spending → weak real growth per borrowed dollar.</li>



<li>Trade‑deficit leakage → debt‑financed consumption instead of domestic investment.</li>



<li>High unit‑cost infrastructure → more borrowing for each unit of tangible capital.</li>



<li>Public‑order premium → higher operating costs and capital flight from cities.</li>
</ol>



Net interest is now the fastest‑growing budget line, crowding out discretionary investment while public spaces fray.



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading">Partial Fixes Already in the&nbsp;One Big Beautiful Bill Act (OBBB)</h3>



<ul class="wp-block-list">
<li>The draft OBBB&nbsp;nods toward the right diagnosis—making bonus depreciation permanent (<a href="https://www.congress.gov/bill/119th-congress/house-bill/1?q=%7B%22search%22%3A%22%C2%A7111001%22%7D&amp;r=1&amp;s=2">§ 111001</a>) and tightening Medicaid attendant rules (<a href="https://www.congress.gov/bill/119th-congress/house-bill/1?q=%7B%22search%22%3A%22%C2%A7111001%22%7D&amp;r=1&amp;s=2">Subtitle E</a>)—but&nbsp;ducks&nbsp;the permitting morass and the accountability gap in transit funding. Until those last two are fixed, America will keep borrowing a premium price for sub‑premium public goods.</li>



<li>Missing:&nbsp;permitting reform and performance‑tied transit grants. Until those last two are fixed, America will keep borrowing premium dollars for sub‑premium public goods.</li>
</ul>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading">What Would Treat the Disease, Not Just the Symptom</h3>



Raise tradables share



<ul class="wp-block-list">
<li>Neutral expensing for all structures.</li>



<li>Fast‑track energy‑intensive manufacturing permits.</li>



<li>Strategic tariffs / border adjustments—including the Trump Administration's 10 % baseline tariff on manufactured imports, the 60 % Section 301 duty on Chinese EVs, and a draft carbon border‑adjustment framework—to level the playing field.</li>
</ul>



Triage transfer programs



<ul class="wp-block-list">
<li>Sunset pass‑through home‑care models unless tied to measurable outcomes.</li>



<li>Re‑validate disability rolls.</li>
</ul>



Slash infrastructure unit‑costs



<ul class="wp-block-list">
<li>One‑agency permitting clock.</li>



<li>Benchmark budgets to OECD medians; claw back overruns.</li>
</ul>



Restore public order



<ul class="wp-block-list">
<li>Condition transit grants on crime‑rate benchmarks now that national data collection is back on track.</li>
</ul>



Restrict high‑corruption inflows



<ul class="wp-block-list">
<li>Tighten visa/green‑card issuance from nations scoring poorly on the Transparency International CPI, and ramp post‑arrival audits of federally reimbursed providers to curb Medicaid &amp; welfare fraud (e.g., the $1 B&nbsp;<a href="https://apnews.com/general-news-1bdca7b180a04449a2c86f99371fc5d0">Miami led by Cuban‑American physicians</a>&nbsp;and the Somali&nbsp;<a href="https://www.justice.gov/usao-mn/pr/three-plead-guilty-wire-fraud-250-million-feeding-our-future-fraud-scheme">$250 M &#8220;Feeding Our Future&#8221; scheme in Minnesota</a>.</li>
</ul>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading">Implications for Investors</h3>



<ul class="wp-block-list">
<li>Status‑quo trajectory (rising debt + financial repression):&nbsp;bitcoin‑proxy trades; gold and other hard‑asset hedges. We added to a position in one bitcoin proxy,&nbsp;Semler Scientific, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>), yesterday. </li>
</ul>



<figure class="wp-block-image size-full"><a href="https://portfolioarmor.substack.com/p/americas-debt-is-a-symptomnot-the"><img loading="lazy" decoding="async" width="882" height="597" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11201735/Trade-Alert-Bitcoin.jpg" alt="" class="wp-image-14304" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11201735/Trade-Alert-Bitcoin.jpg 882w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11201735/Trade-Alert-Bitcoin-300x203.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11201735/Trade-Alert-Bitcoin-768x520.jpg 768w" sizes="(max-width: 882px) 100vw, 882px" /></a></figure>



<ul class="wp-block-list">
<li>Pivot to a more productive U.S. economy:&nbsp;new‑nuclear names, advanced‑manufacturing REITs, and on‑shoring enablers (chip‑fabrication equipment). We exited one new-nuclear name,&nbsp;Oklo, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>), for a 385% gain last week. It was a Portfolio Armor top ten name last week as well, but I held off on putting a new trade on it, because I was concerned it had run too far. It's now up nearly 25% today, on news that it has been selected to supply power for a U.S. Air Force base in Alaska.</li>
</ul>



<figure class="wp-block-image size-full"><a href="https://portfolioarmor.substack.com/p/americas-debt-is-a-symptomnot-the"><img loading="lazy" decoding="async" width="880" height="597" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11202013/Exits-6.6.jpg" alt="" class="wp-image-14305" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11202013/Exits-6.6.jpg 880w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11202013/Exits-6.6-300x204.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11202013/Exits-6.6-768x521.jpg 768w" sizes="(max-width: 880px) 100vw, 880px" /></a></figure>



<ul class="wp-block-list">
<li>Holding both buckets lets a portfolio participate under either scenario.</li>
</ul>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



Take‑away: Debt is the symptom, not the disease. Until the U.S. redirects capital from low‑yield consumption toward high‑yield production—and demands accountability for every infrastructure and safety dollar—borrowing will keep climbing no matter how loud the fiscal hawks squawk.



In the meantime, if you want to find Portfolio Armor's top names like Oklo, I post them in my weekly Top Names post.



<figure class="wp-block-image size-full"><a href="https://portfolioarmor.substack.com/p/top-names-652025"><img loading="lazy" decoding="async" width="916" height="812" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11202202/Top-Names-6.5.jpg" alt="" class="wp-image-14306" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11202202/Top-Names-6.5.jpg 916w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11202202/Top-Names-6.5-300x266.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11202202/Top-Names-6.5-768x681.jpg 768w" sizes="(max-width: 916px) 100vw, 916px" /></a></figure>



You can also find them daily on the Portfolio Armor&nbsp;<a href="https://portfolioarmor.com/">website</a>&nbsp;and&nbsp;<a href="https://apps.apple.com/us/app/portfolio-armor/id394951144">iPhone app</a>.



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<figure class="wp-block-image size-full"><a href="https://portfolioarmor.substack.com/"><img loading="lazy" decoding="async" width="581" height="372" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11202453/Widget-2.jpg" alt="" class="wp-image-14308" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11202453/Widget-2.jpg 581w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/11202453/Widget-2-300x192.jpg 300w" sizes="(max-width: 581px) 100vw, 581px" /></a></figure>

America's Debt Is a Symptom, Not the Disease: How Investors Can Position

<a href="https://www.benzinga.com/money/what-is-ethereum-etf">Spot Ethereum exchange-traded funds</a> recorded $240 million in net inflows on June 11, surpassing Bitcoin ETFs' $165 million and extending Ethereum's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) inflow streak to 18 consecutive days, according to Farside Investors.



This marks a significant shift in investor preference, driven by Ethereum's technical advancements and positive regulatory developments, contrasting with Bitcoin's struggle to break the $110,000 resistance level.



What Experts Are Saying: In a note sent to Benzinga, Alex Kuptsikevich, FxPro's chief market analyst, noted, "Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell below $108,000, once again encountering a sell-off after touching $110,000."



He attributed the crypto market's 1.6% capitalization drop to $3.39 trillion to pressures on risky assets from Middle East tensions, describing the sell-off as a temporary, technical setback. 



Despite this, he remains optimistic about cryptocurrencies, citing the dollar's proximity to multi-year lows as a bullish signal for the near term.



Ethereum's outperformance is fueled by a combination of factors, according to Dom Harz, Co-Founder of BOB. 



"The momentum reflects a meaningful shift in sentiment, fuelled by a combination of technical progress, market activity, and regulatory signals," He stated.



The Pectra upgrade, implemented in May, has enhanced Ethereum's scalability, while SEC Commissioner Paul Atkins' support for decentralized finance and <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45852973/circle-ipo-success-suggests-markets-open-to-new-listings-especially-from-crypto-businesses-says-spac-king-chamath-palihapitiya">Circle's successful IPO</a> have bolstered confidence.



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45883099/cantor-fitzgerald-wall-street-companies-will-lower-crypto-lending-costs-salt-ceo-says">Cantor Fitzgerald, Wall Street Companies Will Lower Crypto Lending Costs, SALT CEO Says</a>



"These are exciting times for DeFi and for Ethereum's role in the industry's next chapter,&#8221; Harz added.



Przemysław Kral, CEO of zondacrypto, emphasized the role of regulation in driving ETF inflows, saying, "The rising inflows into crypto ETFs can be attributed to the increased regulation of the crypto industry, which attracts traditional financial institutions into the market." 



He dismissed concerns about ETFs undermining decentralization, noting, "ETFs are like licking the pages of a cookbook—they give you exposure but not access to the real asset." 



Kral argued that while inflows may distort market cycles, they enhance the crypto market's credibility, a key step toward maturity.



What&#8217;s Next: Ethereum ETFs' sustained inflows reflect growing institutional interest, with BlackRock's iShares Ethereum Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETHA#NASDAQ">ETHA</a>) leading the pack, as <a href="https://www.theblock.co/post/357880/spot-ethereum-etfs-pull-in-240-million-beating-bitcoin-etfs-164-million-daily-inflows?utm_source=rss&amp;utm_medium=rss">reported</a> by The Block.



In contrast, Bitcoin ETFs, led by BlackRock's iShares Bitcoin Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>) with $131 million in inflows, faced challenges from market volatility and Bitcoin's failure to consolidate above $110,000. 



The divergence highlights Ethereum's appeal as investors anticipate further DeFi growth and potential staking opportunities, which could drive additional inflows in 2025.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45880505/public-company-bitcoin-holdings-are-a-megatrend-just-getting-started-says-bitwises-matt-hougan">Public Company Bitcoin Holdings Are A &#8216;Megatrend&#8217; Just Getting Started, Says Bitwise&#8217;s Matt Hougan</a></li>
</ul>



Image: Shutterstock

Ethereum ETFs Outpace Bitcoin ETFs With $240M Inflows On June 11

Cryptocurrency markets are slipping on Thursday, but the broader investor outlook remains optimistic, driven by growing institutional interest in Bitcoin.



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Price&nbsp;&nbsp;&nbsp;</td><td>Gains +/-</td></tr><tr><td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>$107,319.73</td><td>-1.8%</td></tr><tr><td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td><td>$2,749.17</td><td>-0.8%</td></tr><tr><td>Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td><td>$158.63</td><td>-3.8%</td></tr><tr><td>XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td><td>$2.23</td><td>-3.4%</td></tr><tr><td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>$0.1882</td><td>-6%</td></tr><tr><td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>$0.00001263</td><td>-4.6%</td></tr></tbody></table></figure>



Notable Statistics:



<ul class="wp-block-list">
<li>IntoTheBlock data shows Bitcoin and Ethereum large transaction volume decreasing by 14.7% and 16.1%, respectively. Daily active addresses are down by 8.7% and 0.7%, respectively. ETH's exchange netflows are up by 88.3%.</li>



<li>Coinglass data shows 109,114 traders were liquidated in the past 24 hours for $327.18 million.</li>



<li>SoSoValue data shows net inflows of $164.6 million into spot Bitcoin ETFs, while spot Ethereum ETFs saw net inflows of $240.3 million.</li>
</ul>



Trader Notes: Market watcher More Crypto Online highlighted the importance of staying grounded during volatile cycles. Rather than reacting emotionally to dips or headlines, disciplined traders are focusing on key technical zones and upcoming retests — an approach that helps not only to survive the cycle but to grow through it.



Bitcoin hit a key bearish target, according to trader Carl The Moon, who emphasized in his latest update that the recent breakdown below crucial support levels opens the door for further downside.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> has reached our bearish target from yesterday&#39;s post! But considering where the support was broken, <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> might fall even lower. <a href="https://t.co/cXOhAnnMTH">pic.twitter.com/cXOhAnnMTH</a>&mdash; Carl Moon (@TheMoonCarl) <a href="https://twitter.com/TheMoonCarl/status/1933100973079068817?ref_src=twsrc%5Etfw">June 12, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Trader Degen Hardy <a href="https://x.com/Degen_Hardy/status/1933109145248707003">highlighted</a> that Bitcoin is nearing the $106,000–$107,000 value area high zone, suggesting a possible retest. 



He remains on the sidelines, with no active long positions, opting to wait for clearer confirmation before making moves.



On the Ethereum front, More Crypto Online is <a href="https://x.com/Morecryptoonl/status/1933101958929256642">watching</a> whether bulls can defend the critical $2,611–$2,772 support zone, which aligns with key wave (4) levels. So far, ETH has shown relative strength compared to BTC, suggesting potential resilience.



Solana is catching attention again — trader Posty predicts a rally toward the $180 mark, pointing to technical strength amid broader market caution.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SOL</a> $180 soon <a href="https://t.co/HGYvYqd41t">pic.twitter.com/HGYvYqd41t</a>&mdash; Posty (@PostyXBT) <a href="https://twitter.com/PostyXBT/status/1933082976939819085?ref_src=twsrc%5Etfw">June 12, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



As for Dogecoin, trader Tardigrade <a href="https://x.com/TATrader_Alan/status/1933087157545226443">pointed</a> out a repeating pattern on the weekly chart, a series of small rallies leading into major breakouts. He believes the current move may follow this trend, with some market watchers forecasting a potential push toward the $1 milestone.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45887955/bitcoin-hovers-below-110000-is-this-the-calm-before-the-storm">Bitcoin Hovers Below $110,000: Is This The Calm Before The Storm?</a></li>
</ul>



Image: Shutterstock

Bitcoin, Ethereum, XRP, Dogecoin Slide On Thursday Morning: What's Going On?

A leveraged trader who doubled down on their Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) short bet on Wednesday was sitting on unrealized profits as the second-largest cryptocurrency fell in value.



What Happened: According to on-chain tracker Lookonchain, the trader deposited an additional&nbsp;$3.37 million in USD Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>) to increase&nbsp;their short on Ethereum. As of this writing, the position stands at 40,000 ETH, equivalent to $109.9 million.



The trader opened a 15x leveraged&nbsp;short position on ETH on&nbsp;the decentralized perpetual trading platform&nbsp;Hyperliquid at an entry price of $2,793.81.



The trader has an unrealized profit of $1.80 million at the time of writing. The entire position would be liquidated if ETH rallies to $2,938.2



See Also:&nbsp;<a href="https://benzinga.com/markets/tech/25/06/45831309/why-jeff-bezos-might-emerge-as-the-biggest-winner-in-the-trump-musk-feud" target="_blank" rel="noreferrer noopener">Why Jeff Bezos Might Emerge As The Biggest Winner In The Trump-Musk Feud</a>



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Trader 0xcB92 deposited another 3.37M <a href="https://twitter.com/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$USDC</a> to increase his short on <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>. His position has grown to 40,000 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($114M), and he&#39;s now down over $2.5M. He will be liquidated if <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> rises to $2,938.2.<a href="https://t.co/LiKNbNGJcI">https://t.co/LiKNbNGJcI</a> <a href="https://t.co/NFReEW6M8J">pic.twitter.com/NFReEW6M8J</a>&mdash; Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1932809593983537226?ref_src=twsrc%5Etfw">June 11, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



The trader seems to enjoy leveraged trading, having previously made a profit of $5.18 million in just two weeks by going long on ETH. He exited the position and flipped short right before prices dropped last week.



Why It Matters: These moves come after ETH&#8217;s rally, which began earlier this week, <a href="https://www.benzinga.com/crypto/25/06/45896961/bitcoin-ethereum-dogecoin-fail-to-cheer-softer-inflation-china-trade-deal-analyst-says-btc-needs-to-hold-above-this-level-to-maintain-bullish-momentum">was cut short</a> on Wednesday. The cryptocurrency took a U-turn after cruising to $2,877.63 in the early hours.



Interestingly, nearly 60% of Binance traders with open ETH positions were positioned long, suggesting that they anticipated a price increase. 



Additionally, the balance held by long-term holders of ETH rose in the last 24 hours, <a href="https://app.intotheblock.com/">according</a> to IntoTheBlock, indicating that accumulation was going on.



Price Action: At the time of writing, Ethereum was exchanging hands at $2,746.34, down 12.81% in the last 24 hours, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.&nbsp;



Benzinga Note: Leverage trading allows cryptocurrency traders to open larger positions using borrowed capital. While it can potentially amplify profits, it also significantly increases the risk of substantial losses due to the volatile nature of cryptocurrencies.



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://benzinga.com/crypto/25/06/45897204/gamestop-themed-crypto-skyrockets-over-500-after-retailer-announces-1-75-billion-investment-plan" target="_blank" rel="noreferrer noopener">GameStop-Themed Crypto Skyrockets Over 500% After Retailer Announces $1.75 Billion Investment Plan</a></li>
</ul>



Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>



Photo Courtesy: VPLAB On Shutterstock

High Risk, High-Reward? Trader Ups Ethereum Short Before Crypto's Pullback, Records Unrealized Profit Of $1.8 Million

Leading Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) advocate Michael Saylor is not too worried about quantum computing&#8217;s potential threat to the network&#8217;s security.



What Happened: During an interview <a href="https://www.youtube.com/watch?v=OBSKfSCfRt0">with</a> Bloomberg that aired Tuesday, the Strategy co-founder was asked about the possibility of quantum computing breaking Bitcoin&#8217;s cryptography.



&#8220;I don&#8217;t&nbsp;worry about it,&#8221; Saylor replied. &#8220;Microsoft and&nbsp;Google market their quantum projects,&nbsp;but they would never sell&nbsp;a quantum computer that cracked&nbsp;cryptography because it would destroy&nbsp;their own companies.&#8221;



Saylor said that while powerful computers may pose a threat to modern cryptography in the next 10-20 years or so, companies like&nbsp;Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Google [Alphabet Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)], and&nbsp;JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) will be more vulnerable.



&#8220;When&nbsp;it is a threat, all&nbsp;of these organizations will upgrade&nbsp;their cryptography protocols to be&nbsp;quantum-resistant,&#8221; he predicted. &#8220;You will see it coming a mile away, and every other digital entity in the world is more vulnerable to that idea or threat than Bitcoin.



Benzinga reached out to Microsoft and Google for comment on the claims made by Saylor.



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Strategy Buys Another $110 Million of Bitcoin &#x7C; Bloomberg Crypto 6/10/2025" width="500" height="281" src="https://www.youtube.com/embed/OBSKfSCfRt0?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div></figure>



See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/24/11/41703454/analyst-says-this-crypto-could-explode-by-up-to-3-765-and-it-is-not-bitcoin-or-solana" target="_blank" rel="noreferrer noopener">Analyst Says This Crypto Could Explode By Up To 3.765%, And It Is Not Bitcoin Or Solana</a>



Why It Matters:&nbsp;Saylor&#8217;s optimism comes despite growing concerns about the vulnerability of Bitcoin to quantum computing.&nbsp;A study by&nbsp;Google last month suggested&nbsp;that quantum computers could crack RSA encryption, similar to the <a href="https://www.benzinga.com/money/what-is-cryptography" target="_blank" rel="noreferrer noopener">Elliptic Curve Cryptography algorithm</a> used in securing Bitcoin, 20 times faster than expected.



Concerns over&nbsp;<a href="https://www.benzinga.com/24/12/42455205/will-googles-new-willow-chip-break-bitcoin-some-dismiss-it-as-fantasy-while-others-flag-risk-that-isnt-immediate" target="_blank" rel="noreferrer noopener">Bitcoin's cryptography</a>&nbsp;have been mounting since the release of Google's next-generation quantum chip, &#8220;Willow," last year. &nbsp;The chip can solve a standard benchmark computation in under five minutes, a task that would take the world&#8217;s fastest supercomputers 10 septillions, or 10^25, years to solve.



While some experts<a href="https://www.benzinga.com/24/12/42455205/will-googles-new-willow-chip-break-bitcoin-some-dismiss-it-as-fantasy-while-others-flag-risk-that-isnt-immediate" target="_blank" rel="noreferrer noopener">&nbsp;ruled out immediate dangers</a>, others advocated for proactive measures to prepare for the threat, such as switching to quantum-resistant algorithms.



A&nbsp;study led by the University of Kent&#8217;s School of Computing&nbsp;estimated that a protocol update to protect Bitcoin from quantum computing threats <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42546731/bitcoin-could-require-over-300-days-of-downtime-to-prepare-it-for-the-quantum-era-shows-study-amid-google-willow-chip-concern">would require taking the cryptocurrency offline for about 76 days</a>, provided 100% of the bandwidth is committed to the process.



Price Action:&nbsp; Interestingly, quantum computing stocks such as Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) and <a href="NASDAQ: RGTI">Rigetti Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>)</a> have been on a tear lately. 



QUBT closed 25% higher at $18.97 on Wednesday, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;Over the month, the stock has surged 108%. Similarly, RGTI rallied 11.3% to $12.51 on Wednesday.



QUBT demonstrated a very high momentum score as of this writing. To check out how other quantum computing stocks stack up, visit <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a>.



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="561" height="341" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12032256/image-178.png" alt="" class="wp-image-947157" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12032256/image-178.png 561w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12032256/image-178-300x182.png 300w" sizes="(max-width: 561px) 100vw, 561px" /></figure>



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://benzinga.com/analyst-ratings/analyst-color/24/07/39712837/bitcoin-to-hit-200k-in-2025-analysts-say-core-scientific-iren-energy-will-outperfor" target="_blank" rel="noreferrer noopener">Bitcoin To Hit $200K In 2025: Analysts Say Core Scientific, Iren Energy Will Outperform</a></li>
</ul>



Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>



Image Via Shutterstock

Michael Saylor Shrugs Off Quantum Computing Threat To Bitcoin, Warns Companies Like Microsoft, Google More Vulnerable: 'You'll See It Coming A Mile Away'

Basketball legend Shaquille O&#8217;Neal, often known as&nbsp;Shaq, will pay $1.8 million to <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45614311/fraudster-sam-bankman-fried-set-to-leave-prison-four-years-early-as-good-conduct-credits-trim-his-25-year-sentence">settle allegations that he promoted unregistered securities</a> through his endorsement of the collapsed cryptocurrency exchange FTX.



What Happened: The proposed settlement, filed in Florida federal court on Wednesday, resolves a class action lawsuit without O&#8217;Neal admitting wrongdoing. The deal marks one of the first high-profile celebrity settlements stemming from FTX&#8217;s November 2022 bankruptcy, <a href="https://www.cnbc.com/2025/06/11/shaq-settle-ftx-lawsuit.html">reported</a> CNBC.



Plaintiffs accused the NBA superstar of presenting FTX as a trustworthy investment platform through live events and social media content. The class action covers investors who deposited funds into FTX or held its proprietary FTT token between May 2019 and late 2022.



Court documents show FTX paid O&#8217;Neal nearly $750,000 for his promotional efforts. O&#8217;Neal previously told CNBC in 2022 that he &#8220;was just a paid spokesperson for a commercial&#8221; regarding his FTX involvement.



The $1.8 million settlement will cover all legal fees, administrative costs, and investor payouts if approved by the court. The agreement includes broad liability protection for O&#8217;Neal and bars him from seeking reimbursement from the FTX bankruptcy estate.



See Also: <a href="https://www.benzinga.com/markets/equities/25/06/45897032/cathie-woods-ark-invest-continues-to-offload-palantir-loads-up-on-beam-therapeutics-gitlab">Cathie Wood&#8217;s Ark Invest Continues To Offload Palantir, Loads Up On Beam Therapeutics, GitLab</a>



Why It Matters: Unlike other celebrity endorsers, including Tom Brady, Gisele Bündchen, and Stephen Curry, whose cases were largely dismissed, O&#8217;Neal remained entangled in litigation after a prolonged effort to serve him legal papers.



The settlement follows O&#8217;Neal&#8217;s $11 million payout in November 2024 related to his promotion of the Astrals NFT project, highlighting ongoing legal <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45614311/fraudster-sam-bankman-fried-set-to-leave-prison-four-years-early-as-good-conduct-credits-trim-his-25-year-sentence">challenges for celebrity crypto endorsers</a>.



FTX founder Sam Bankman-Fried received a 25-year federal prison sentence in March 2024 for orchestrating what prosecutors called an &#8220;$11 billion fraud&#8221; involving customer deposits. His projected release date is December 14, 2044, reflecting good conduct time credits that could <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45767539/anthony-scaramucci-says-sam-bankman-frieds-25-year-sentence-is-too-steep">reduce his sentence by over four years</a>.



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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo courtesy: Ron Adar / Shutterstock.com

NBA Legend Shaq Settles FTX Class Action For $1.8 Million Without Admitting Fault In Crypto Promotion Case

Treasury Secretary Scott Bessent said Wednesday that dollar-pegged stablecoins could reach a market capitalization of $2 trillion and beyond as the stablecoin bill advanced in the Senate.



What happened: During a testimony before the Senate Appropriations Committee, Bessent underscored the Trump administration&#8217;s goal of preserving the dollar&#8217;s status as the world's reserve currency.



"I believe stablecoin legislation backed by U.S. Treasuries or T-bills will create a market that will expand U.S. dollar usage via these stablecoins all around the world," he added. "I think that $2 trillion is a very, very reasonable number, and I could see it greatly exceeding that."



See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45740537/forget-dollars-willy-woo-says-bitcoin-will-be-priced-against-global-gdp-gold-used-to-be-that-money-btc-is-the-challenger">Forget Dollars: Willy Woo Says Bitcoin Will Be Priced Against Global GDP — &#8216;Gold Used To Be That Money, BTC Is The Challenger&#8217;</a>



Why It Matters: Bessent's projections aligned with those of multinational bank Standard Chartered, which estimated that the total value of the stablecoin market will increase from the current <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44812762/stablecoins-to-surge-to-2-trillion-by-2028-says-standard-chartered-heres-what-it-means-for-the-dollar">$254 billion to $2 trillion</a> by the end of 2028.



Bessent previously predicted that stablecoins could <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45604556/scott-bessent-forecasts-stablecoins-increasing-appetite-for-us-treasuries-by-trillions-promises-highest-regulatory-standards-for-dollar-pegged-cryptos">generate $2 trillion in demand for U.S. treasuries and treasury bills</a> in the short term.



Meanwhile, the Senate <a href="https://www.bloomberg.com/news/articles/2025-06-11/crypto-industry-backed-stablecoin-bill-advances-in-us-senate">voted 68–30</a> to invoke closure on a substitute amendment to the GENIUS stablecoin bill, according to Bloomberg. Senate Majority Leader&nbsp;John Thune&nbsp;(R-S.D.) set a goal of passing the bill within days, expressing hope that the House would promptly send it to President Donald Trump&#8217;s desk.



The proposed legislation aims to establish the first U.S. regulatory framework for issuers of stablecoins—digital tokens that are tied to fiat currencies like the dollar. As of this writing,&nbsp;Tether&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>) is the largest stablecoin by market capitalization.



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Photo courtesy: Maxim Elramsisy / Shutterstock.com

Treasury Secretary Scott Bessent Sees Stablecoin Market Surging Past $2 Trillion As Senate Advances Dollar-Pegged Crypto Bill

A cryptocurrency named after GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) blasted to triple-digit gains Wednesday after the video game retailer announced plans to raise over a billion dollars for investment purposes.



What happened: BNB Chain (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>)-based GameStop Coin (GME) soared a whopping 532% in the last 24 hours, defying the broader market correction. The memecoin recorded a significant surge in trader interest, with volume jumping by 53%.



GME outperformed blue-chip cryptocurrencies like Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), which fell 1.21% and 2.30%, respectively.



Note that the token is unrelated to GameStop and merely seeks to capitalize on the hype surrounding the meme stock.



See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45740537/forget-dollars-willy-woo-says-bitcoin-will-be-priced-against-global-gdp-gold-used-to-be-that-money-btc-is-the-challenger">Forget Dollars: Willy Woo Says Bitcoin Will Be Priced Against Global GDP — &#8216;Gold Used To Be That Money, BTC Is The Challenger&#8217;</a>



Why It Matters: The explosive rally came after GameStop announced a <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45893917/gamestop-stock-is-tumbling-after-hours-heres-why">proposed private offering</a> of $1.75 billion of 0.00% convertible senior notes to institutional buyers.



The company said it intends to use the net proceeds from the offering to make investments "consistent" with its investment policy.



Notably, GameStop adopted a <a href="https://www.benzinga.com/content/45684091/gamestop-buys-bitcoin-smart-strategy-or-big-mistake">Bitcoin treasury strategy</a> earlier this year and made its first purchases, about 4,700 BTC for $512.6 million, last month.



GameStop reported <a href="https://www.benzinga.com/markets/earnings/25/06/45872536/gamestop-q1-earnings-revenue-misses-despite-collectibles-growth-eps-beats-retailer-adds-4710-bitcoin">first-quarter revenue</a> of $732.4 million on Tuesday, missing analyst estimates of $754.24 million. The company reported adjusted earnings of 17 cents per share, beating analyst estimates of four cents per share



Price Action:&nbsp; At the time of writing, GME was exchanging hands at $0.000004406 down 0.75% in the last 24 hours, <a href="https://coinmarketcap.com/currencies/gamestopcoin-net/">according </a>to CoinMarketCap.



Shares of GME plunged 11.2% in after-hours trading after closing 5.31% lower at $28.55 during Wednesday's regular trading session, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;



GME stock recorded a high Growth score but lagged in Momentum and Value metrics as of this writing. If you want to fill your portfolio with similar high-growth stocks, visit <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a> for reference.



<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="878" height="632" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12001719/image-172.png" alt="" class="wp-image-946961" style="width:598px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12001719/image-172.png 878w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12001719/image-172-300x216.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12001719/image-172-768x553.png 768w" sizes="(max-width: 878px) 100vw, 878px" /></a></figure>



Benzinga Note: Investing in meme coins is highly speculative and involves significant risk. Meme coins often lack intrinsic value and are driven by market sentiment, social media trends, and speculative trading



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Photo Courtesy: Tada Images On Shutterstock.com

GameStop-Themed Crypto Skyrockets Over 500% After Retailer Announces $1.75 Billion Investment Plan

Leading cryptocurrencies dipped on Wednesday despite lower-than-expected inflation and the new trade deal announcement with China.



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Cryptocurrency</th><th>Gains +/-</th><th>Price (Recorded at 9:30 p.m. ET)</th></tr></thead><tbody><tr><td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>-1.18%</td><td>$108,619.39</td></tr><tr><td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>-1.53%</td><td>$2,772.61</td></tr><tr><td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>-2.71%</td><td>$0.1928</td></tr></tbody></table></figure>



What Happened: Bitcoin reached a high of $110,384.22 in the early trading hours before falling to the $108,000 region by late evening.



Ethereum's rally also got halted as the second-largest cryptocurrency took a U-turn after cruising to $2,877.63.&nbsp;



Meanwhile, ETH's market dominance hit 9.8%, the highest since the end of February. BTC's share remained steady at 63.3%.



About $293 million was liquidated from the cryptocurrency market in the last 4 hours, with $198 million in bullish long bets wiped out.



Bitcoin's Open Interest fell further by 1.62% in the last 24 hours. The majority of Binance traders with open BTC positions remained short, according to the Long/Short ratio.



"Greed" sentiment continued to dominate the market, according to the Crypto Fear &amp; Greed Index.



Top Gainers (24-Hours)



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Cryptocurrency</th><th>Gains +/-</th><th>Price (Recorded at 9:30 p.m. ET)</th></tr></thead><tbody><tr><td>Kaia (KAIA)</td><td>+14.84%</td><td>$0.1649</td></tr><tr><td>Vaulta (A) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+3.24%</td><td>$0.6171</td></tr><tr><td>AB (AB)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+2.88%</td><td>$0.01158 </td></tr></tbody></table></figure>



The global cryptocurrency market capitalization stood at $3.41 trillion, following a decline of 1.46% in the last 24 hours.



Stocks pulled back on Wednesday. The S&amp;P 500 slipped 0.27% to end at 6,022.24. The tech-heavy Nasdaq Composite lost 0.50% to close at 19,615.88. The Dow Jones Industrial Average ended on the flatline, down 1.1 points to 42,865.77.



The Consumer Price Index <a href="https://www.benzinga.com/markets/economic-data/25/06/45881899/inflation-resumes-climb-in-may-but-tariffs-have-yet-to-hit-consumers">rose 2.4% in May</a>, undercutting the 2.5% projected by economists. The softer numbers boosted expectations for Federal Reserve rate cuts later this year. According to the CME FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>, traders priced in a 61% chance of a 25 basis point cut during September's FOMC meeting.



In other news, Trump <a href="https://www.benzinga.com/news/25/06/45882971/wall-street-eyes-record-highs-as-trump-seals-china-deal-soft-inflation-eases-tariff-jitters">declared a new trade agreement</a> with China following two days of negotiations in London.



See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>



Analyst Notes: Cryptocurrency analyst and trader Ali Martinez said Bitcoin needs to hold above $108,300 to maintain "bullish momentum," and losing it could trigger a drop to $107,000.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> needs to hold above $108,300 to maintain bullish momentum. Losing this level could trigger a drop to $107,000! <a href="https://t.co/67FsmlFtar">pic.twitter.com/67FsmlFtar</a>&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1932921521145852008?ref_src=twsrc%5Etfw">June 11, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Blockchain analytics firm Santiment has noticed that retail sentiment has turned bullish as Bitcoin teases all-time highs.



"There are more than double the amount of positive BTC comments vs. negative across social media, the highest ratio since Trump was elected over 7 months ago," Santiment stated.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f60d; With Bitcoin teasing its $112K all-time high the past couple days, retail has gotten bullish. There are more than double the amount of positive <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> comments vs. negative across social media, the highest ratio since Trump was elected over 7 months ago. <a href="https://t.co/kdb4ZtDwIq">pic.twitter.com/kdb4ZtDwIq</a>&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1932835175638942171?ref_src=twsrc%5Etfw">June 11, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



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Photo Courtesy: Wit Olszewski on Shutterstock.com

Bitcoin, Ethereum, Dogecoin Fail To Cheer Softer Inflation, China Trade Deal: Analyst Says BTC Needs To Hold Above This Level To Maintain 'Bullish Momentum'

U.S. recession odds slipped further on Polymarket as a slew of bullish events lifted investor sentiment Wednesday.



What happened: Odds in favor of the betting contract titled &#8220;US recession in 2025?&#8221; were 23% as of this writing, a considerable drop from the all-time high of 66% recorded in early May.



As of this writing, bookmakers have invested over $6.76 million on the bet. The outcome resolves to &#8220;Yes&#8221; if the economy experiences another quarter of negative growth or if the National Bureau of Economic Research declares a recession before January 1, 2026.



Note that Polymarket, based on Polygon (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">POL</a>), is not available to U.S. residents due to regulatory restrictions. The prediction platform allows users to bet on events using cryptocurrency.



See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45740537/forget-dollars-willy-woo-says-bitcoin-will-be-priced-against-global-gdp-gold-used-to-be-that-money-btc-is-the-challenger">Forget Dollars: Willy Woo Says Bitcoin Will Be Priced Against Global GDP — &#8216;Gold Used To Be That Money, BTC Is The Challenger&#8217;</a>



Why It Matters: The dip in recession likelihood comes after President Donald Trump <a href="https://www.benzinga.com/news/25/06/45882971/wall-street-eyes-record-highs-as-trump-seals-china-deal-soft-inflation-eases-tariff-jitters">finalized a trade agreement with China</a>, following two days of negotiations in London.&nbsp;



Additionally, the Consumer Price Index came softer than expected in May, calming investor jitters about tariff-induced inflation.



Notably, the recession odds <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45125164/recession-odds-reach-all-time-high-after-negative-q1-gdp-numbers-but-crypto-betto">hit a record high</a> after the first-quarter GDP contracted. However,<a href="https://www.benzinga.com/25/05/45535042/recession-odds-tumble-on-kalshi-crypto-based-polymarket-as-trumps-tariff-concerns-subside"> tariff de-escalation</a> between the U.S. and China, which included a 90-day truce and a subsequent trade agreement in Geneva, helped to reverse the trend.



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Image via Shutterstock

US Recession Odds Tumble To 23% On Crypto Betting Market After Trump Confirms China Trade Deal, Softer Inflation Numbers

Crypto markets are holding steady with a slight upward bias after <a href="https://www.benzinga.com/markets/economic-data/25/06/45881899/inflation-resumes-climb-in-may-but-tariffs-have-yet-to-hit-consumers">U.S. May inflation data came in lower than expected</a>, sparking renewed optimism for potential Federal Reserve rate cuts. 



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Price&nbsp;&nbsp;&nbsp;</td><td>Gains +/-</td></tr><tr><td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>$108,821.34</td><td>-0.5%</td></tr><tr><td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td><td>$2,821.45</td><td>+2.4%</td></tr><tr><td>Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td><td>$163.38</td><td>-0.4%</td></tr><tr><td>XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td><td>$2.30</td><td>+0.4%</td></tr><tr><td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>$0.1960</td><td>+1.1%</td></tr><tr><td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>$0.00001320</td><td>+0.5%</td></tr></tbody></table></figure>



Notable Statistics:



<ul class="wp-block-list">
<li>IntoTheBlock data shows Bitcoin's large transaction volume increasing by 25.8% and daily active addresses growing by 13.4%. Transactions greater than $100,000 are up from 11,665 to 13,286 in a single day. Exchanges netflows are down by 125.95%.</li>



<li>Coinglass data reports 91,906 traders were liquidated in the past 24 hours for $251.18 million.</li>
</ul>



Notable Developments:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45888354/brazil-india-lead-emerging-markets-for-crypto-investment-opportunities-deus-x-ceo-tim-grant-says">Brazil, India Lead Emerging Markets For Crypto Investment Opportunities, Deus X CEO Tim Grant Says</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45886659/bitcoins-first-resistance-after-new-highs-is-115400-glassnode">Bitcoin&#8217;s First Resistance After New Highs Is $115,400: Glassnode</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45890085/stripe-acquires-crypto-wallet-infrastructure-startup-privy">Stripe Acquires Crypto Wallet Infrastructure Startup Privy</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45883099/cantor-fitzgerald-wall-street-companies-will-lower-crypto-lending-costs-salt-ceo-says">Cantor Fitzgerald, Wall Street Companies Will Lower Crypto Lending Costs, SALT CEO Says</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45883370/elon-musk-says-some-comments-about-donald-trump-went-too-far-and-polymarket-traders-think-djt-may-accept-the-olive-branch">Elon Musk Says Some Comments About Donald Trump &#8216;Went Too Far&#8217; — And Polymarket Traders Think DJT May Accept The Olive Branch</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45880505/public-company-bitcoin-holdings-are-a-megatrend-just-getting-started-says-bitwises-matt-hougan">Public Company Bitcoin Holdings Are A &#8216;Megatrend&#8217; Just Getting Started, Says Bitwise&#8217;s Matt Hougan</a></li>
</ul>



Trader Notes: Position trader Bob Loukas, known for mapping Bitcoin's 4-year cycle, continues to track BTC's performance within this historical framework.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> 4-YR cycle represented annually. <a href="https://t.co/JxQfYb2jRH">pic.twitter.com/JxQfYb2jRH</a>&mdash; Bob Loukas &#x1f5fd; (@BobLoukas) <a href="https://twitter.com/BobLoukas/status/1932866667979420149?ref_src=twsrc%5Etfw">June 11, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



A recent Rekt Capital <a href="https://x.com/rektcapital/status/1932869453466775738">survey</a> reveals that the majority of market participants expect Bitcoin to peak between $150,000 and $200,000 in this bull cycle, with 33.9% selecting this range. 



39.7% believe the top will land somewhere between $113,000 and $150,000.



Trader Altcoin Sherpa wondered whether Bitcoin can continue its uptrend with a &#8220;Joyful June.&#8221;



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> choose your fighter: Joyful June or Summer Chop?? <a href="https://t.co/hIuBl7d7Iw">pic.twitter.com/hIuBl7d7Iw</a>&mdash; Altcoin Sherpa (@AltcoinSherpa) <a href="https://twitter.com/AltcoinSherpa/status/1932864353914794016?ref_src=twsrc%5Etfw">June 11, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



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