Pretty boring price action from $BTC over the weekend, just as expected. 🥱
Bitcoin’s next move depends on the Fed rate decision. The probability stays the same as before for the 3.50 to 3.75 BPS range. Still, there is a 34% chance of a rate hike. If we somehow get that rate hike, we head straight into our capitulation phase. If not, there is still a chance we push higher until the first week of August.
According to CoinGlass via DefiLlama, Binance’s $BTC perpetual liquidity hit $536M within 1% of the mid price in 2025. That’s 2.6 times the next exchange 🤯
This depth is why CEXs are becoming the real liquidity layer for tokenized assets too.
The Altcoin Season Index is still showing that we are right in the middle. If $BTC can hold around the $65k region, we could see a solid upside move on some selected altcoins.
Just keep in mind that we still have one more leg down left🚨
QuickSwap just linked up with KalqiX on Base. Now you can tap into trustless order book trading without leaving the QuickSwap interface you already know. When KalqiX has better prices your trades get routed there automatically and settle right on chain through Avail Atomic. No bridges, no custody risks, and no need for new accounts. You get better pricing, less slippage on bigger trades, and access to more liquidity sources. Everything stays fully on chain and decentralized. The dragon community just took another solid step forward for trading on Base. Pretty cool upgrade if you swap there. @QuickswapDEX @kalqix What do you think about this kind of integration?
Both The Block and Kaiko point to four layers as the future structure for crypto platforms. Trading, yield, payments and institutional collateral. Binance is the only one running all four at real scale right now. As of June first they held 153 billion dollars in reserves, which is 56.5 percent of assets across the top six exchanges. Each layer supports the next and that creates a complete user capital cycle from deposit to yield to spending.
Nine years of compounding built something no one else has at this level yet.🏆
New Binance Research data shows weekend stablecoin transfers averaging 76 billion dollars, or about 38 billion dollars per day. That is getting close to Visa's daily payment volumes. This is what a real 24/7 financial system looks like. Blockchain rails never close, and value can move across borders at any hour.
Binance keeps its top position in both spot and derivatives trading🏆
They capture 25.9 percent of global spot volume and 37 percent of derivatives volume this year. That works out to roughly four times the spot volume and twice the derivatives volume of the next biggest exchange. They also ranked number one in the CoinDesk Exchange Benchmark for market quality, thanks to the deepest liquidity, tightest spreads and lowest slippage. This edge is exactly why Binance can lead in newer areas like RWAs too.
STRATEGY is one of the main reasons BITCOIN has been underperforming compared to the traditional stock market. 🚨
Everyone loves the Saylor stacking narrative with over 847K BTC. But when you zoom out on the capital structure, the leverage game is way more complicated than the hype.
BITCOIN is sitting around $62.6K right now. That is below many of their recent average buy prices. The stock has traded near or even below the value of its Bitcoin holdings at times. There is also ongoing dilution from issuing more shares, which can drag the stock price down.
Honestly, it is hard to see $BTC pushing higher unless we get some positive news out of $MSTR