bitcoinnewsupdate

#bitcoinnewsupdate
In this article, we have selected and analyzed the most relevant developments related to Bitcoin, with the aim of offering a clear, updated and in-depth overview of the dynamics that are influencing its price, investor confidence and the future prospects of the entire crypto ecosystem.

Bitcoin $BTC Bulls Aim to Break $108K but Sellers Facing Strong Resistance
Bitcoin price has made several attempts to break above the $108,000 mark in the past 48 hours, signaling the bulls’ determination to seek new highs. However, sellers are also vigorously defending this key level and have so far managed to prevent further gains. But will they be able to maintain control?
The leading cryptocurrency has touched the important $108,000 mark several times in the past 24 hours, but has always been rejected. At the moment, its price is hovering around $107,500 , and it remains to be seen whether the bulls will be able to break this resistance on the upside.

This is clearly proving to be a crucial level to watch , as both buyers and sellers are committing significant resources at this level. If the bulls can maintain the pressure, they could absorb the liquidity present on the sellers’ side around $108,000 and open the way for a further move higher . Of course, the opposite scenario cannot be ruled out either.
It is important to note, however, that the cryptocurrency has successfully reclaimed its 50-day exponential moving average , a technical indicator considered by many analysts as a key reference. This level is often used as support during corrections within a broader uptrend.
Historically, a reconquest of the 50-day moving average is followed by a continuation of the positive trend. We will see if the same pattern repeats itself this time.

$1.5 Billion Flows Into Bitcoin ETFs This Week
Nearly $1.5 billion has flowed into spot Bitcoin ETFs this week, led by institutional investors who are driving the market. In just three trading days, total inflows into spot BTC funds in the U.S. have reached $1.48 billion. Additionally, there hasn’t been a single day of outflows since June 6.

Nate Geraci , president of ETF Store, noted that nearly $4 billion in new capital has flowed in and that total inflows (since these products were launched 18 months ago) are approaching $50 billion.
BlackRock’s iShares Bitcoin Trust (IBIT) is the biggest reaper, having purchased over 9,400 BTC this week alone. Since its inception, the fund has seen nearly $52 billion in inflows, with an additional $340 million inflowing on Wednesday alone.
The closest competitor is Fidelity , which had $115 million in inflows as of June 25 and has accumulated a total of $11.7 billion since its launch. The other nine ETFs, by comparison, are significantly smaller in volume.
At the same time, Bitcoin has been formally accepted as a reserve asset by the housing system in the United States . This means that some housing-related institutions, such as banks or mortgage lenders, now consider BTC as a reliable form of value to hold on their balance sheets. Michael Saylor , a well-known Bitcoin proponent, called this event “a watershed moment” because it represents an important step towards greater institutional adoption of Bitcoin.

Bitcoin Dominance Skyrockets
Bitcoin price has risen nearly 10% after falling below $100,000 earlier in the week. The asset hit $108,100 twice in the past 24 hours, but later fell to $107,800 during the Asian session on Thursday morning.
This latest move has brought Bitcoin’s dominance — or its market share relative to other cryptocurrencies — back to a four-year high of 65.7%, while Ethereum and altcoins remain stagnant.
Historically, when Bitcoin successfully bounces off the 64% dominance support, it takes 1 to 2 months to move up to 71%. This cycle, however, is showing a longer timescale: a similar bounce that lasted two months in 2019 has stretched to four months in the current phase, according to analyst Rekt Capital . He noted that many traders are hoping for a quick jump in dominance toward 70% to quickly end this phase of the market.

But the problem, he added, is that too many people right now are desperate for Bitcoin’s dominance to rise quickly — and the market rarely delivers exactly what people want.
Is Bitcoin Ready to Explode Toward a $120,000 Breakout? Here's What the Data Tells Us
Bitcoin could be poised for a strong upside move, with a potential breakout to $120,000 , after successfully reclaiming its 50-day exponential moving average (EMA) , which is considered a key technical indicator and often acts as support during corrections within a broader uptrend.
Historically, when Bitcoin breaks below this level and quickly recovers, the market tends to react with a 10-20% rally. This pattern seems to be repeating itself now: after a brief dip below the EMA, BTC has closed above it for three consecutive days, signaling renewed bullish momentum.
This recovery could trigger a new bullish phase in the current cycle , although external geopolitical factors — particularly developments related to the United States, Israel and Iran — could introduce volatility in the short term . Despite this, in any case, the recovery of the 50-day EMA represents an important technical milestone, which strengthens the case for a possible rally towards $120,000.

A psychological threshold
In addition to technical indicators, on-chain data also confirms Bitcoin’s positive momentum, especially when looking at the behavior of short-term investors. The Short-Term Holder Realized Price (STH-RP) — the average purchase price of short-term investors — currently stands at $98,000 and continues to act as a key psychological and technical support for Bitcoin. As it approaches the $100,000 mark, each increase reinforces the idea of ​​“six figures” as the new perceived fair value.

Bitcoin spot price is currently $106,400 , a 7.2% premium to STH-RP, indicating a smaller “speculative zone.” Recent strong bounces from this level confirm a bullish structure, while long-term investors remain firm, with an average purchase price of just $32,000 . This historical supply block limits downside risk.
As long as Bitcoin remains above the STH-RP, the trend of higher highs and higher lows remains intact. A break below this level, however, could signal the start of a possible correction.

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$BTC

#bitcoinnewsupdate
The opening of US institutions to the use of Bitcoin and cryptocurrencies as collateral for mortgages represents a structural change in the relationship between traditional finance and digital assets.
FHFA's Mortgage Innovation
The new director of the Federal Housing Finance Agency (FHFA) , Bill Pulte , recently launched an initiative that could be a historic turning point for the U.S. housing industry. In a widely reported announcement, Pulte said the agency is exploring the use of cryptocurrencies and blockchain technology in mortgage lending processes , with the goal of modernizing and digitizing the entire industry infrastructure. Two days after the initial announcement, an official directive was issued to major government-sponsored entities, Fannie Mae and Freddie Mac , calling on them to actively explore practical ways to integrate digital assets and distributed ledger technology (DLT) into their operations.
The central idea is that blockchain, with its transparency and immutability, could significantly improve the security and efficiency of underwriting processes, reducing mortgage approval times , cutting bureaucratic costs and minimizing the risk of fraud. Furthermore, the use of cryptocurrencies could simplify the traceability of funds and foster greater financial inclusion, allowing even those without access to traditional banking channels to participate in the real estate market.
Powell: “Bitcoin is mature and increasingly mainstream”
During his testimony on June 25 before the Senate Banking Committee, Federal Reserve Chairman Jerome Powell then made significant statements about the current state of the crypto industry, stating that Bitcoin and digital assets have reached a higher level of maturity and are becoming more mainstream. His remark came in response to a question from Senator Cynthia Lummis , a well-known advocate of cryptocurrency-friendly regulation, who questioned the Fed chairman about the risks associated with stablecoins and the possibility of withdrawing the controversial policy enacted in January 2023 under Section 9(13) .
This section gives the Federal Reserve the authority to regulate the activities of its member state banks, and was used to issue a restrictive policy statement against “new” activities, such as token issuance on public and decentralized blockchains, that were deemed potentially inconsistent with safe and sound banking practices. Powell made clear that the regulation was part of a broader regulatory framework that was not limited to cryptocurrencies, but that the growth of the sector and greater technological understanding by institutions are now prompting a review of many of the decisions made during the Biden administration.

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