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In crypto information right now (June 30), BTC USD continues to commerce below $60,000, with the month-to-month shut right now more likely to dictate the worth motion for July. Liquidations proceed to gradual, with solely $286M in positions liquidated over the previous 24 hours, down from over $1Bn simply final week.
This week noticed ETF flows proceed in the identical path as final week, with over $231M value of Bitcoin bought throughout the varied merchandise, including to final week’s complete outflows of over $1.7Bn. Till these outflows decelerate, it’s unlikely that Bitcoin will reclaim $60,000.
Whereas almost each main cap token is at present within the pink over the previous 24 hours, Solana (SOL) and Hyperliquid (HYPE) are two of the extra notable initiatives within the inexperienced right now, up +2% and +4.5% respectively. Every day buying and selling quantity has dropped over the previous 24 hours, going from $105Bn yesterday to $82Bn right now.
With Bitcoin nonetheless struggling to reclaim $60,000, the Concern & Greed Index has kicked off this week by reflecting this shaky value motion, sitting at 15/100, up from 12/100 yesterday, a slight improve in sentiment however nothing to write down house about.
Crypto Information At present: Technique Launches $1Bn Repurchase Plan Following MSTR and STRC Crash
Technique paused its Bitcoin purchases final week, marking a shift for the biggest company holder of the token as strain grows on its steadiness sheet and securities linked to its Bitcoin technique. The corporate mentioned its greenback reserve rose to $2.55Bn and introduced a brand new repurchase program for as much as $1Bn of digital credit score securities.
In an 8-Ok submitting with the Securities and Alternate Fee, Technique mentioned it made no Bitcoin acquisitions between June 22 and June 28. As an alternative, the corporate expanded its US greenback reserve and launched a brand new Digital Credit score Capital Framework meant to manipulate how that money can be utilized.
Beneath the brand new coverage, the reserve could also be used solely to help most popular inventory dividend funds and curiosity bills on excellent debt. Administration should maintain no less than 12 months of anticipated annual most popular inventory dividends and curiosity obligations in reserve.
The money steadiness rose from $1.4Bn as of June 21 to $2.55Bn as of June 28, together with shares bought however not but settled as of June 26. Technique raised the reserve by way of at-the-market gross sales of its Class A standard inventory, MSTR, promoting 12.7 million shares final week for about $1.15Bn. The corporate nonetheless has $24.3Bn of MSTR shares out there for issuance below that program.
Technique has established repurchase packages for as much as $1.0B of our Digital Credit score securities and as much as $1.0B of $MSTR. This may create flexibility to accretively buyback securities throughout market dislocations. Repurchases won’t be funded from the USD Reserve.
— Michael Saylor (@saylor) June 29, 2026
US Courtroom Sentences Chinese language Billionaire to 30 Years in Jail for $1Bn Crypto Fraud
In different crypto information right now, a US court docket has sentenced Chinese language billionaire Guo Wengui, often known as Miles Guo, to 30 years in jail for cryptocurrency fraud. Prosecutors acknowledged that Guo orchestrated a scheme that resulted in traders shedding a whole lot of thousands and thousands of {dollars}. Federal Decide Analisa Torres additionally ordered the forfeiture of Guo’s belongings and directed him to pay $889M in restitution to the victims, in keeping with court docket filings.
After leaving China greater than a decade in the past, Guo portrayed himself as a critic of the Chinese language Communist Celebration and garnered a big following among the many Chinese language diaspora. Prosecutors claimed that he exploited the belief of his supporters, convincing them to spend money on initiatives he managed, together with numerous cryptocurrency ventures.
Guo was arrested in March 2023, and the US Division of Justice reported that he operated a fraudulent scheme that stole greater than $1 billion from 1000’s of traders. Based on the division, Guo raised over $262M by way of the Himalaya Alternate crypto ecosystem alone.
In July 2024, a federal jury discovered Guo responsible on 9 counts of fraud and conspiracy. Prosecutors revealed that he had promised traders excessive returns whereas misusing their funds to buy a mansion, luxurious vehicles, and different high-end gadgets.
Billionaire “Miles” Guo Wengui, who fled China to the U.S. and claimed to be an anti-CCP dissident, has been sentenced to 30 years jail in NY for defrauding his followers.
He beforehand constructed shut ties to Steve Bannon, who was arrested on Guo’s yacht in 2020 for his personal fraud… pic.twitter.com/lCFiBtdPzY
— Aubrey Belford (@AubreyBelford) June 30, 2026
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