Week of June 10 - 16, 2025

At least four major technology companies—Apple, X (formerly Twitter), Google, and Airbnb—are reportedly in early-stage discussions with cryptocurrency firms to potentially integrate stablecoins into their payment systems. According to a report by the World Economic Forum, global stablecoin transaction volume reached $27.6 trillion in 2024, surpassing the combined transaction volumes of Visa and Mastercard.

In Q1 2025, institutional investors holding Bitcoin through U.S.-based ETFs began reducing their positions for the first time since the ETFs launched last year. However, financial advisory groups and private corporations have increased their Bitcoin holdings, with private entities now holding up to 1.98 million BTC—an 18.6% increase since the start of the year, according to digital asset investment group CoinShares.

BlackRock, Fidelity, and Bitwise are preparing to launch crypto ETFs that generate staking returns, focusing on large-cap tokens such as Ethereum (ETH), BNB, Solana (SOL), and Lido DAO (LIDO). These initiatives are supported by recent statements from the U.S. Securities and Exchange Commission (SEC) clarifying that staking does not classify as a securities activity.

South Korea has elected pro-crypto candidate Lee Jae-myung from the left-wing party as their new president. He plans to support the local crypto industry by promoting the launch of Bitcoin ETFs and a Korean won-backed stablecoin, while easing regulations to foster blockchain innovation.

JPMorgan is set to launch a new service allowing wealth management clients to use crypto-related assets—such as Bitcoin ETFs—as collateral for loans, starting with the IBIT fund. The bank also plans to include customers’ digital assets in their overall asset evaluations, putting them on par with traditional assets.

Spot Ethereum ETFs have seen net inflows for the third consecutive week since May 16, 2025, with a total of $837.5 million. If this trend continues, net inflows are expected to surpass $1 billion in the coming weeks.

Technical Analysis

Bitcoin (BTC)

Bitcoin (BTC) has pulled back to the $100,000 level. If buying interest returns, this price level could present a short-term entry opportunity. If BTC holds above this support, the upward trend may continue, with short-term resistance at $107,000 and a target around $120,000.

• Support: 3,300,000 THB / 100,000 USD
• Resistance: 3,700,000 THB / 120,000 USD
  

Ethereum (ETH)

Ethereum (ETH) is moving sideways, building momentum for a potential upward breakout. Consider entering at the support level of $2,200. If ETH drops below this level, it’s advisable to pause investments. The target is the resistance level at $2,900 — a breakout above this could signal a shift towards a bullish trend.

• Support: 77,500 THB / 2,200 USD
• Resistance: 90,000 THB / 2,800 USD

Compound (COMP)

Compound (COMP) gained 15.36% over the past week but has yet to break through the resistance at $50. Look for a buying opportunity while keeping an eye on the key support at $39, as a drop below this level could signal weakness. If COMP manages to break above $50, it may confirm a full bullish reversal.

• Support: 1,300 THB / 39 USD
• Resistance: 1,650 THB / 50 USD
  
  

ApeCoin (APE)

ApeCoin (APE) posted a 7.38% gain over the past week and is also currently moving sideways, potentially setting up for a bullish reversal. Look for a buying opportunity at about $0.5680. The short-term profit-taking target is $0.7893. A breakout above this level could signal a continued upward trend.

• Support: 19 THB / 0.5680 USD
• Resistance: 26 THB / 0.7893 USD

Investment Trends

The latest Non-Farm Payroll (NFP) report came in higher than market expectations, reducing the likelihood that the Federal Open Market Committee (FOMC) will cut interest rates at this month’s meeting. Additionally, recent publicized tension between Donald Trump and Elon Musk increased pressure on the crypto market over the weekend.

A key event this week will be the U.S. inflation data release on June 11, 2025. The market expects the inflation rate to rise to 2.5% from the previous month’s 2.3%. However, if the figure comes in lower than expected, it could positively impact the market by shifting the FOMC’s stance ahead of next week’s meeting.

While Bitcoin (BTC) ETF inflows remain positive, Ethereum (ETH) ETFs are seeing stronger demand, suggesting that market sentiment is shifting toward a recovery in altcoins. This is further supported by the Genius ACT legislation, which enables the issuance of stablecoins.

As a result, tokens related to stablecoins—particularly in the Layer 1 blockchain, payment, and DeFi sectors—are expected to benefit. Investors may consider gradually accumulating these tokens. Should monetary policy become more dovish, altcoins could begin delivering strong returns again.

References

• https://cointelegraph.com/news/big-tech-considers-adopting-stablecoins-as-genius-act-debate-continues
• https://cointelegraph.com/news/institutional-bitcoin-etf-holdings-see-first-quarterly-decline-report 
• https://cryptoslate.com/us-based-etfs-offering-staking-set-for-growth-despite-some-regulatory-macro-tailwinds/
• https://www.theblock.co/post/356855/south-korea-elects-pro-crypto-lee-as-new-president-crypto-etfs-and-krw-stablecoins-on-horizon
• https://cointelegraph.com/news/jpmorgan-accept-crypto-etfs-collateral-loans-report
• https://cointelegraph.com/news/spot-ether-etfs-inflow-streak-large-portion-net-flows

Disclaimers

• Cryptocurrencies and digital tokens are highly risky; investors may lose all investment money. It is important to study information carefully and invest based on your own risk profile.
• Past returns or performance of digital assets do not guarantee future returns or performance. 

Remark: The views, information, knowledge, and opinions expressed herein are those of the individuals involved and do not represent the views of Bitazza or its employees. Neither this email nor the content presented constitutes investment advice.

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