Odaily News Bitfinex released an Alpha report, which pointed out that BTC is in a consolidation state before entering the third quarter of 2025. The price of Bitcoin continues to fluctuate in a clear range of $100,000 to $110,000. After an explosive rise of nearly 50% from the low of $74,634 in April, it is now showing signs of consolidation. The recent decline in price trends reflects the cooling of on-chain and derivative trading activities, with a decline in spot trading volume, weakened taker buying pressure, and a decrease in open interest, highlighting that the market is shifting from an aggressive impulse trading phase to a range-bound phase. Looking ahead, the seasonal characteristics of the historical third quarter suggest that Bitcoin will enter a phase of lower volatility and more moderate directional fluctuations. On average, the third quarter is the weakest quarter for Bitcoin, with a historical return rate of only +6%, and price movements tend to remain range-bound during this period.

Odaily News Trump Media Technology Group (DJT.O) announced that its flagship news channel Newsmax will join the web version of Truth+, and this feature is now available in international markets. (Jinshi)

Odaily News According to market news: Robinhood EU will launch tokenized stock services.

Odaily News BitMine Immersion Technologies, a New York Stock Exchange listed company, announced the pricing and signing of a private placement agreement to purchase and sell 55,555,556 common shares at $4.50 per share, and is expected to raise $250 million to launch the ETH financial strategy. The transaction is expected to be completed around July 3, 2025, led by MOZAYYX, with participation from Founders Fund, Pantera, FalconX, Republic Digital, Kraken, Galaxy Digital, DCG, Diametric Capital, Occam Crest Management and Thomas Lee. (PRNewswire)

Odaily News Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), posted on the X platform that Strategy has acquired 4,980 bitcoins for approximately $531.9 million, with a year-to-date return of 19.7%. As of June 29, 2025, it holds a total of 597,325 bitcoins at an average purchase price of approximately $70,982.

Odaily News According to market news: Strategy disclosed that it had increased its holdings by 4,980 bitcoins last week.