জুন ২০২৫: বিটকয়েন উত্থান

2025-এর জুন: বিরোধপূর্ণতা

জুনটি ছিল crypto cycle-এরই एকটি महाशिक्षा। CPI-ও FED-এর target-এরউপর,শ্রমবাজারও ‘খড়গ’।কিন্তু Middle East -এ tension -সহ BTC -তেই capital flee।

অথচ macro headwinds -আছে, Bitcoin spot ETF \(11.3B net inflow; ETH ETF -\)80M outflow। institutions BTC -কে digital gold -হিসাবে view करছे।

$108K -অতিক্রম: Geopolitical Whispers

22শে June Trump ‘de facto ceasefire’ tweet deyey BTC $108K+ e upr jay।

কারণ? chaos lombe, capital scarcity & trustlessness -এ BTC e jay। Technicals o support kore: EMA upr turne, RSI bullish e ase, support $104K hold kore pullback e。

$111,980 er old high-e eyeing—FOMO ar nai, institutional conviction test hote chhilo。

Stablecoin Mania: Circle IPO & GENIUS Act

Circle NYSE debut—ARK fund-cate Cathie Wood pre-sale sell-off er por 861% up!

কিন্তু real story: GENIUS Act passed Senate (68–30)—stablecoin issuer must hold 1:1 USD/short-term Treasuries; yield-bearing model ban.

Big thing! USDC not just ‘digital cash’ anymore—it’s becoming digital dollar infrastructure। America’s financial future explicitly mentioned.

Coinbase also benefits—USDC distributor role gives regulatory moat.

But let me be clear: Circle’s valuation depends on interest income from reserves. If rates drop? Revenue may shrink fast. Long-term sustainability needs more than hype.

Hot New Tokens – DeFi & Layer-1 Dominant (For Now)

June brought fresh energy to DeFi and Layer-1:

• SPK — AI + DeFi hybrid for institutional liquidity pools.
• RESOLV — Decentralized dispute resolution on Base.
• HOME — Real-world asset tokenization with strong Binance Alpha backing. Their roadmaps transparent and VC-backed—but don’t confuse structure with sustainability. Many still rely on emotional narratives over product-led growth.

Virtual & Pumpfun – Hype Cycle Cracks Down

The Virtual briefly became Base’s hottest launchpad—with early users getting 4x returns via ‘green lock’ mechanism—but reality hit: • Green lock enforced mandatory holding → reduced liquidity efficiency. • Early whales dumped post-lock → price dropped >37% (\(2.5 → \)1.69). • Investors realized it’s not ‘free money’, but long-term speculation with lower trade upside. The lesson? Locking supply too hard kills momentum AND innovation. Hence Pumpfun delayed token auction again (now mid-July). The platform earned ~$70M but faces robot trading issues and transparency concerns after X account bans—trust fraying fast under scrutiny. The jury’s still out—but watch if they deliver real utility beyond speculation.