Bitcoin.org

$BMT pumped out +200% daily move accompanied by an 8,000%+ increase in volume, wft !!! It had been in a prolonged downtrend since launch, with little indication of sustained demand. The sudden, it does this. What makes the case particularly interesting is that the project publicly monitors and flags potential pump-and-dump activity across other tokens. That makes the possibility of similar activity involving its own token particularly difficult to reconcile. The tokenomics also show allocations across different categories, including the team and investors, so the available data doesn’t immediately indicate that the team alone controls the majority of the supply. None of this proves manipulation. But the combination of a prolonged downtrend, a sudden +200% move and an 8,000%+ volume expansion makes the current price action a high-risk setup. Btw, be cautious about extrapolating the rally. A sharp retracement could happen at any time! #Altcoin Season# #BNBChain# #Meme Alpha#

$BTC

This weekend, Bitcoin is facing a consensus test.

At block 961,632, nodes enforcing BIP-110 began rejecting blocks that don’t signal support for the proposal.

The debate itself isn’t new: should Bitcoin be used strictly for monetary transactions, or should the network also allow arbitrary data such as inscriptions, image or text?

BIP-110 proposes restricting this type of data for one year. The controversial part isn’t necessarily the proposal itself, but how it is being enforced.

The activation threshold was set at 55% of miner signaling, far below the traditional thresholds historically used for major Bitcoin soft forks. Yet actual support has remained below 3%.

So what happens now?

Nodes enforcing BIP-110 can reject blocks that don’t comply, potentially creating a minority chain while the overwhelming majority of miners continue building the existing chain.

That’s why I think headlines about “Bitcoin splitting” need some context. A chain with little hashpower behind it can exist, but its ability to compete with the main chain is another question entirely. The current situation is already showing a significant divergence in chain progress.

Bitcoin doesn’t change simply because someone proposes a new rule. The change has to gain enough economic and technical consensus across the network.

Less than 3% miner signaling doesn’t look like consensus.

It looks like a disagreement becoming a network experiment.

#BTC Price Analysis# #Macro Insights#

Even if these whales decided to sell everything today, the price could indeed plunge in the short term. But, in my opinion, it would only be a matter of time before this liquidity is absorbed by the market and it regains its equilibrium. Yes!

I also believe that many of the moves triggered by U.S. employment figures or other macro announcements are amplified by leveraged positions and derivative contracts.

For a long-term investor, if the fundamentals don’t change, a massive sell-off by the whales represents more of an opportunity to accumulate than a challenge to Bitcoin.

The technology doesn’t change, Bitcoin’s value proposition doesn’t disappear: it’s mainly the market’s emotions that change.

$ZEC has quietly been one of the strongest performers of this bear market.

I have to admit, I was genuinely surprised. At times, it almost feels like it’s already running its own pre-bull market. Like it’s front-running the next cycle. 😄

From a technical perspective, the weekly structure has remained remarkably strong over the past few weeks and appears to be building for another leg higher.

The daily chart, however, has not confirmed the move yet. A structural trend reversal on the daily timeframe is still needed structurally before the bullish thesis gains stronger confirmation.

For now, the higher-timeframe momentum remains constructive.

Definitely a chart worth keeping on your watchlist.

#Altcoin Season#

The point that intrigues me the most isn’t even the applications themselves, because they’ve already been externally audited and will certainly also be audited internally. So, the use of AI in audits will become much more frequent, or even the minimum norm at least. But the real question is: what will audit firms become? Because if AI is capable of a high level of intelligence and robotic efficiency—doing all this work—then what will coding audit firms be like?

First, this reminds us that “Not your keys, not your coins” is not an exclusively security rule. It’s rather primarily a sovereignty principle.

Security is relative. It depends on the individual, their setup, and their ability to manage risk.

Even without the issue that reportedly made some seed phrases predictable, they’re still fragile by design. You don’t want someone else getting access to them. You don’t want to lose them without having a backup. And you certainly don’t want an attacker to obtain them.

This is why Vitalik Buterin has argued for more programmable wallets.

Features like social recovery, where trusted contacts can help recover access, or daily spending limits, which prevent an attacker from draining an entire wallet in a single transaction, are examples of improvements that could make self-custody much more resilient.

There are many other proposals it, and I hope this episode will accelerate the conversations.

$AKE
Even after all the discussions we’ve had over the past few days, I still received comment explaining why $AKE is supposedly well positioned to capture the GTA narrative and why the current rally is “legitimate.”

My take is different.

I think one of the reasons these tokens keep going through repeated pump-and-dump cycles is simple: there is still enough capital willing to buy the narrative.

Too many people are still anchored to the story projects are selling. Personally, I prefer to start with market structure.

Forget the pitch for a moment. Look at the on-chain data.

According to the BubbleMaps data attached, more than 40% of the circulating supply is clustered around just two entities (possibly even one, depending on the relationships between the wallets).

At the same time, you have a token that has appreciated more than 3,000% with no obvious fundamental catalyst.

Does that automatically make the move illegitimate? Not necessarily.

But that’s not even the question I’m asking.

The real question is risk.

When such a large portion of the supply is concentrated, the downside risk becomes asymmetric. If those dominant holders decide to distribute, the price can reverse extremely quickly. Conversely, as long as they retain control and liquidity remains available, sustaining the rally becomes considerably easier.

In the end, you’re free to trust the narrative-or to trust the market structure. My preference is to analyze both before taking the risk.

#Altcoin Season# #Meme Alpha# #BNBChain#

Have you been following what’s happening in the Middle East?

I sincerely hope it doesn’t escalate into a broader regional conflict.

A U.S. tanker was reportedly attacked by a drone near Egypt. On its own, that may not seem exceptional given the current geopolitical environment. But what caught my attention is where it happened.

Egypt has largely stayed out of the conflict. Yet it controls the Suez Canal, one of the last major export routes available to Gulf producers after disruptions around the Strait of Hormuz and security risks near the Bab el-Mandeb.

For several Gulf exporters, rerouting through Suez is already significantly more expensive than their traditional routes. Some countries also remain heavily dependent on Hormuz due to limited alternative export infrastructure.

If risks around Suez were to increase as well, the market would have to reassess the resilience of global oil supply chains.

I remember someone here suggesting that I should go long oil ($CL) because of the geopolitical setup. At the time, I wasn’t convinced.

Given the latest developments, I think that scenario has become much more credible.

Let’s see how the market prices the geopolitical risk over the coming days.

$BTC $CL

#BTC Price Analysis# #Macro Insights# #

So it’s starting again?

$GIGGLE is up more than 50%, and suddenly the narrative is: “Go all in, it’s CZ’s project. It’s going to do what BNB did.”

if you decide to buy based on that assumption, you’re responsible for your own decision.

As of today, $GIGGLE is a community-launched memecoin. It is not an official CZ project, nor an official Giggle Academy token. The only connection is that the trading fees is directed to the public donation wallet associated with the Giggle Academy initiative.

The recent rally appears to have been driven largely by speculation following CZ’s statement:

“I support all meme coins. I might even buy (or sell) one or two in the next few weeks to test a few new things. May the best memes win!”

Since then, the market has started trying to price in which memecoins CZ could potentially buy, and $GIGGLE has become one of those speculative candidates.

Whether that speculation is justified is another question entirely. Manage your risks btw !

#Meme Alpha# #BNB Chain#

$BANK

What did I tell you? It’s now confirmed.

I had that feeling from the beginning, and I knew it was likely to follow the same path as its predecessor, $DEXE .

Wondering why I didn’t short it even though I expected it to collapse? Here’s the answer.

Knowing a token is likely to collapse isn’t enough.

The more control dominant holders have over the circulating supply, the more patient they can afford to be. If too many traders start anticipating the dump, don’t be surprised to see another push higher first. That’s exactly why I said it could pump again before the real move down.

The objective isn’t simply to find exit liquidity. It’s to extract as much value as possible from both sides of the market.

That’s why predicting the final direction isn’t the hard part. Understanding the scheme and anticipating the behavior of the dominant players is.

A classic game theory setup.

And thanks, $BANK, for giving the community another real-world case study.

#Altcoin Season# #Meme Alpha# #BNBChain#

$BANK

If you’re wondering whether I’m going to short it again, probably not . unless I want to play it.

The price action has been particularly tricky. My impression is that the pattern isn’t necessarily playing out in a straightforward way: when short open interest builds up, the price tends to rebound, putting pressure on short positions before selling resumes once bearish positioning cools down.

Whether this is deliberate or simply a consequence of positioning and liquidity is another question, but it’s definitely something worth keeping in mind.

If you think you’ve found a way to trade around this setup, remember: you’re responsible for your own risk and capital.

#Altcoin Season# #Meme Alpha# #BNBChain#

$BANK is finally starting to correct after spending most of last week in a strong uptrend.

I’ve been highlighting for a while that its price action showed interesting similarities to the pattern we previously saw with $DEXE .

Different token, but so far, a remarkably similar setup.

Now let’s see how far this correction goes.

#Altcoin Season#

While the number of crypto exchanges that have closed or announced their closure this year is only a small handful, the “great cleanup” is affecting far more crypto projects in the broad sense.

RootData counts 70 to 95 crypto projects (including exchanges, but also DeFi, wallets, NFTs, etc.) that have announced closures, bankruptcy, or inactivity since the beginning of 2026.
In my opinion, you should pay particular attention to projects that are weathering the bear markets and keep building. It’s a sign of a stronger fundamentals.

You can find this kind of project across several sectors. In the yields sector, for example, on the $BNB Chain, I’m thinking of Lista, Unitas, or ASTER in the perpetuals ecosystem. On Sui, I often talk about $HAEDAL , a yield-generation protocol that, despite a security incident during the bear market, reimbursed users without issuing its token and kept developing its product.
As always, do your own research before investing.

$BTC is resuming the 65,000 $ and the next decisive level is now around $67,000.

In June, this zone was enough to halt the recovery and reactivate selling pressure. If BTC can break through it this time while maintaining its bullish structure on the daily timeframe, the path toward a test of 70,000 $ would become far more credible.

The rebound from 57,000 $ already suggests that the most recent selling impulse has lost control of short-term momentum.

What remains to be determined is the nature of this move: the start of a real bull-market recovery or just a bullish rally within a still bearish structure?

In both cases, my bias remains positive for now. 67K is the level to reclaim; 70K would then be the logical target to watch. #BTC Price Analysis# #Macro Insights#

Since the beginning of the month, three crypto exchanges have announced the end of their operations: AscendEX on July 1, BitMEX on the 22nd, and then BitMart this morning.

These platforms had respectively 7, 11, and 9 years in existence. In other words, they are not players who arrived yesterday: they have gone through two, sometimes three market cycles, experienced the ICO mania, the DeFi Summer, and then the Terra, Celsius, and FTX crises.

Seeing them leave the market today, in my view, can be interpreted in two ways.

First, the bear market is probably more difficult than what the evolution of prices alone suggests. The market is particularly calm, activity and volumes are contracting, and this pressure ultimately ends up weighing directly on the platforms’ business models.

Second, the regulatory and operational cost of running a centralized exchange has increased considerably. MiCA in Europe and the strengthening of regulatory frameworks elsewhere now impose particularly heavy compliance, licensing, and infrastructure requirements on intermediary players.

The result increasingly resembles a structural consolidation of the sector: the large regulated exchanges and institutional players are gradually capturing a larger share of activity.

The market is not disappearing. It’s simply changing hands. 🙌
$BTC $BMX
#BTC Price Analysis# #Macro Insights# #Altcoin Season#

$EUL , $QI and $DEXE each recorded more than a 70% increase in 24 hours, while the market’s main assets are moving virtually flat.

This divergence highlights an important point: the crypto market does not always operate as a single, homogeneous block.

Large macro or sector-specific catalysts are generally reflected first in Bitcoin and the major market capitalizations, before spreading to the rest of the market. But some assets—especially smaller-cap ones—may temporarily move independently of this trend.

In these cases, you should focus on finding the specific driver of the move: news that is unique to the project, changes in liquidity, concentration of supply, one-off speculation, or, in some instances, activity that could be potentially manipulative.

That’s why a +70% move in a stagnant market is not automatically a sign of strength. On the contrary, the more a move appears disconnected from the broader market, the more important it becomes to understand where it’s coming from.

Before looking at how high a token can go, first try to understand why it’s rising.

#Altcoin Season# #Meme Alpha#

$DEXE and $BANK share several common points that are worth monitoring.

First, their tokenomics: in both cases, the supply is based on a relatively complex structure, distributed among the team, investors, rewards, and other allocations.

Next, both contracts maintain an active mint function, which introduces an additional parameter to watch regarding the potential evolution of the supply.

On the price action side, their first major acceleration phase developed over a relatively short period, around a week.

Finally, the timing is particularly interesting: $BANK began its move at the exact moment when $DEXE entered its correction phase.

None of these elements, taken individually, is enough to conclude that the two tokens will follow the same trajectory. But their combination creates a parallel that is intriguing enough to keep $BANK under watch.

The question now: will $BANK eventually replicate the $DEXE scenario?

#Altcoin Season# #Meme Alpha#

$KAITO Kaito has just announced a strategic partnership around data with X, with several use cases planned and more details expected soon.

The announcement is particularly interesting given Kaito’s positioning at the intersection of data, attention, and crypto markets.

The real question now is what the two teams are looking to build: an InfoFi return directly on X, a new data infrastructure, or an entirely different product?

The market, meanwhile, has already started to speculate: $KAITO reacted to the upside after the announcement.

Now, I’m mostly waiting for the details. That’s where we’ll be able to truly gauge the scope of this partnership.

#Altcoin Season# #Meme Alpha#

There is a technical similarity between $DEXE and $BANK that deserves more attention: the mint function remains active on both contracts.

The comparison is interesting because $DES had experienced an extremely rapid appreciation over several days, before undergoing a sharp correction. So far, $BANK shows a fairly comparable price dynamic, with a strong expansion phase followed by what appears to be the beginning of a pullback.

But the real point to watch is the supply structure.

An active mint function means that, depending on the contract’s permissions, the supply can potentially be increased. Therefore, there is no need to see today a massive concentration of tokens in just a few wallets for a dilution risk to exist.

In a market where available liquidity is relatively low, a reduction in supply that is immediately negotiable can amplify the rise. Conversely, the issuance and subsequent circulation of new tokens could create significant sell-side pressure.

Of course, this does not prove that a large-scale mint will happen on $BANK. In particular, it would be necessary to analyze who controls this permission, any possible limits, and the contract’s governance mechanisms.

But given this technical feature and the similarities with the structure observed on $DES, I believe the risk is significant enough to monitor the evolution of BANK very closely.

#Altcoin Season# #Meme Alpha#

$BTC has just strung together a third consecutive positive weekly close—a signal that remains relatively rare since the market entered its bearish phase.

This is only the second sequence of this kind since the start of the bear market. The previous one preceded an extension of the rebound, with BTC moving from around 60 000 $ to 82 000 $.

This repetition therefore strengthens my optimistic bias in the short term.

Even if the 57 000 $ do not ultimately represent the definitive bottom of the bearish cycle, I believe the market still has enough momentum to seek a new local high before any potential resumption of the decline.

In short, my preferred scenario is for the rebound to extend over the coming weeks, before reassessing the market structure.

#BTC Price Analysis# #Macro Insights#