JH Kim

According to Bitcoin Magazine, a digital asset (cryptocurrency) specialist media outlet, on the 2nd (local time), Norwegian Block Exchange (Norwegian Block Exchange, NBX) became the first listed company in the country to officially hold Bitcoin (BTC) as a treasury reserve asset. Through this announcement, NBX specified BTC as the company's long-term strategic asset and stated its aim to enhance trust and transparency regarding digital assets. This move is interpreted as expanding the connection between the traditional financial market and the digital asset industry in Norway. Meanwhile, as of 01:10 on the 3rd, BTC is trading at $104,345.55 in the Binance USD (USDT) market, down 0.71% from the previous day.

On the 2nd (local time), cryptocurrency-focused media outlet CoinDesk reported that Solana (SOL) is facing mounting selling pressure after repeatedly failing to break through the $158–$159 resistance level. The outlet stated, “SOL continues to form lower highs in all recent rebound attempts,” adding, “Investor sentiment is weakening as key support levels are under threat.” Notably, some analysts warned that further declines may be inevitable if SOL fails to reclaim the $153.30 level in the short term. Corresponding on-chain data also indicates a slight increase in SOL holdings, signaling potential growth in selling pressure. Meanwhile, at 00:46 on the 3rd, SOL was trading at $153.12 on the Binance Tether (USDT) market, down 0.66% from the previous day.

Tom Lee, co-founder of Fundstrat and a leading analyst on Wall Street, predicted that the price of Bitcoin (BTC) could surge as high as $250,000 this year. According to The Crypto Basic, a cryptocurrency-focused media outlet, on the 2nd (local time), Tom Lee stated in an interview with CNBC's 'Squawk Box' that "BTC will continue its bullish rally this year based on a strong supply and demand imbalance." He explained, "Of the total supply of 21 million BTC, about 95% have already been released into the market, but still, 95% of the world’s population do not own BTC," adding, "This structure signals exceptionally strong upward momentum from a supply and demand perspective." He further emphasized, "Over the next 10 years, more people will recognize the value of BTC and enter the market," highlighting, "From a long-term perspective, the current price still represents an early entry stage." In response to the question, 'If BTC is last mined in the year 2140, what do you estimate its final value will be?' he answered, "At a minimum, it will match the gold market size of $23 trillion," forecasting that BTC will ultimately solidify its place as a global store of value. Meanwhile, as of 00:37 on the 3rd, based on the Binance Tether (USDT) market, BTC was trading at $104,267.76, down 0.42% from the previous day.

Bitcoin (BTC) briefly recovered the $105,000 mark. Meanwhile, as of 01:10 on the 2nd, BTC is trading at $105,024.40 on the Binance Tether (USDT) market, up 0.35% from the previous day.

Stuart Alderoty, Chief Legal Officer (CLO) at Ripple, stated on the 30th (local time) via X (formerly Twitter), "The Digital Asset Market bill (CLARITY), introduced in the United States Congress the previous day, is significant progress toward comprehensive virtual asset (cryptocurrency) regulation." He added, "Regulatory clarity is not a matter of choice but a necessity, and this bill means the United States is one step closer to a workable regulatory framework." Meanwhile, XRP is being traded at $2.2028, down 2.57% from the previous day, on the Binance Tether (USDT) market as of 04:24 on the 31st.

Bitcoin (BTC) temporarily gave up the $104,000 mark. Meanwhile, as of 01:51 on the 31st, BTC is trading at $103,812 on the Binance Tether (USDT) market, down 2.89% from the previous day.

According to SolidIntel on the 30th (local time), a Chinese government-affiliated think tank evaluated Bitcoin (BTC) as a countermeasure against U.S. dollar hegemony and a reserve asset that should be continuously monitored in its report. Meanwhile, as of 01:28 on the 31st, Bitcoin is trading at $104,911.60 on the Binance Tether (USDT) market, down 1.78% from the previous day.

According to financial breaking news account Walter Bloomberg on the 30th (local time), the Trump Media & Technology Group (TMTG), owned by the family of Donald Trump, former President of the United States, has completed a $2.44 billion fundraising to build up a Bitcoin (BTC) reserve. This was part of a private placement plan announced on the 27th (KST), under which TMTG had revealed it was pursuing a $2.5 billion private bond issue involving a total of 50 institutional investors. Meanwhile, as of 1:28 AM on the 31st, Bitcoin is trading at $104,911.60 on the Binance Tether (USDT) market, down 1.78% from the previous day.

Bitcoin (BTC) has temporarily fallen below the $105,000 mark. Meanwhile, as of 01:28 on the 31st, BTC is trading at $104,911.60 on the Binance Tether (USDT) market, down 1.78% from the previous day.

On-chain analyst Willy Woo warned on the 30th (local time) via X (formerly Twitter) that "if Bitcoin (BTC) fails to achieve a strong rebound within this week, a bearish divergence may form on the weekly chart." He explained, "If a bearish divergence is confirmed, Bitcoin is highly likely to enter a boring, sideways phase for several weeks without a clear direction." Meanwhile, as of 00:25 on the 31st, Bitcoin is trading at $105,591.60 on the Binance Tether (USDT) market, down 1.68% from the previous day.

On the 30th (local time), according to the cryptocurrency-focused media outlet Daily Hodl, crypto asset analyst Justin Bennett analyzed the short-term support levels for Bitcoin (BTC). He stated, "If Bitcoin fails to reclaim the major resistance level at $106,000, the next support will be $101,000," and added, "If this price level is also breached, the subsequent supports will be $97,000 and $92,000, respectively." Bennett emphasized that although Bitcoin is showing bullish momentum recently, it is necessary to prepare for short-term price volatility. Meanwhile, at 00:25 on the 31st, Bitcoin was trading at $105,591.60 on the Binance Tether (USDT) market, down 1.68% from the previous day.

On the 29th (local time), the Sui (SUI)-based decentralized exchange (DEX) Cetus announced on its official X (formerly Twitter) that the governance proposal to return assets frozen due to hacking had been approved by the Sui community. This proposal involves transferring the frozen funds related to the recent hacking incident amounting to $260 million to a multisig wallet directly managed by Cetus, so that the assets can be returned to users. Cetus stated that the funds will be securely held in trust until they are returned. Cetus has been recognized as a core DEX in the Sui ecosystem and recently suffered significant asset losses due to the large-scale hack. With the community's approval of this proposal, compensation to users and system recovery efforts are expected to proceed more rapidly.

Paolo Ardoino (Paolo Ardoino), the Chief Executive Officer (CEO) of Tether (USDT), attended the 'Bitcoin 2025' conference held in Las Vegas on the 29th (local time), and stated that "Tether has experienced growth on par with what Facebook once recorded," and added, "Bitcoin (BTC) is the ultimate social network." He emphasized, "Bitcoin is more than just a digital asset; it is a decentralized network that connects people around the world," and further described it as "an entirely new form of communication platform centered on trust and value-sharing among users." He continued, "Tether has recorded approximately $20 billion in profits over the past three years, of which less than 5% was paid out to shareholders," adding, "the remaining 95% will be used for expanding the global distribution network and reinvesting in Bitcoin. More detailed information will be provided at a later opportunity."

Bitcoin (BTC) briefly dipped below the $106,000 mark. Meanwhile, as of 03:59 on the 30th, BTC was trading at $105,819.46 on the Binance Tether (USDT) market, down 1.52% compared to the previous day.

On the 29th (local time), according to digital asset (cryptocurrency) specialist media The Block, U.S. investment bank Cantor Fitzgerald is planning to launch an investment product that combines gold and Bitcoin (BTC). Cantor Fitzgerald stated in an announcement, “We are preparing a fund with a structure that does not limit upside returns from Bitcoin, while offering downside protection by linking to the price of gold,” adding, “This product is Cantor Fitzgerald's first dedicated Bitcoin investment product, designed with a five-year maturity, and we plan to start recruiting investors within a few weeks.”

According to the British daily The Guardian on the 29th (local time), U.S. Democratic lawmakers have requested the Official Trump (TRUMP) meme coin team to disclose the list of dinner attendees for the Trump meme coin event. Democratic House Representative Jamie Raskin pointed out, "The dinner, which took place at the Virginia Golf Club at the end of May, suggests the possibility that a foreign government may have provided separate funds to President Trump via virtual assets (cryptocurrency)." He added, "The public has a right to know who is putting tens of millions of dollars into the president’s pocket." He went on to state, "Justin Sun, founder of TRON (TRX), became the biggest holder by buying about $20 million worth of TRUMP, and also invested $75 million in the Trump family's DeFi project, World Liberty Financial (WLFI)." He further explained, "Justin Sun was indicted on fraud charges by the U.S. Securities and Exchange Commission (SEC) last year, but in February this year, the SEC requested to halt the lawsuit, so the case is currently suspended." He added, "Such circumstances suggest a potential violation of the Emoluments Clause of the U.S. Constitution, which prohibits federal officials from receiving financial compensation or gifts from foreign governments."

Eric Trump, the second son of former U.S. President Donald Trump, recently attended the 'Bitcoin 2025' conference held in Las Vegas. He stated, "Even if you own just 0.1 Bitcoin (BTC), it will hold tremendous value in the future." Meanwhile, as of 02:03 on the 30th, Bitcoin was trading at $106,750.93 on the Binance Tether (USDT) market, down 0.92% from the previous day.

According to CoinDesk, a cryptocurrency-focused media outlet, on the 29th (local time), crypto card issuer Rain will support stablecoin payments based on Solana (SOL), Tron (TRX), and Stellar Lumens (XLM). Rain supports stablecoin payments through debit and credit cards. Previously, Rain secured $24.5 million in a funding round led by Norwest Ventures.