News & Research

Cointelegraph outlined five major factors influencing Bitcoin market trends this week: -Support at risk: Bitcoin dipped to $98,000, with traders eyeing $92,000 as the next major support amid falling liquidity and increasing sell pressure. -Middle East tensions: Markets briefly reacted to the Iran-Israel conflict, but investors aren’t pricing in a long-term war scenario. -U.S. Fed in focus: U.S. PCE inflation data and Powell’s Congressional testimony could fuel macro volatility and rate speculation. -Altcoins lag: Bitcoin dominance nears historic reversal levels, signaling a possible upcoming altseason after a year of underperformance. -$200,000 in sight?: Analysts project BTC may reach over $200,000 in 2025, following historical four-year halving and market cycle trends.

A survey tracking weekly trends among South Korean cryptocurrency investors, conducted by CoinNess and Cratos from June 17 to 20, found that 41.9% of respondents expect Bitcoin's (BTC) value to increase or significantly jump this week, an increase from last week's 37.0%. Meanwhile, 33.4% predict a stable market, down from 36.0% last week, and 24.7% anticipate a decline or sharp drop, down from 27.0% previously. When asked about the overall market sentiment, 38.7% indicated optimism or extreme optimism. While 35.4% felt neutral, 25.9% expressed feelings of fear or extreme fear. As tensions between Israel and Iran continue to escalate, crypto investors are growing increasingly pessimistic, with many expressing frustration that negative headlines often derail the market just as it shows signs of recovery. Against this backdrop, 34.3% of survey respondents said they believe the bull market is still intact. Another 29.2% expect a broad market rebound once geopolitical tensions ease. Meanwhile, 23.2% believe the bull run has ended and a bear market has begun, while 13.3% think only Bitcoin will see gains even after the conflict subsides.

Here is the list of tokens that were most searched for and mentioned in the South Korean crypto community (K-Community) of CoinNess between June 13 and 19. Top 10 searched tokens - XRP 60,593 - ETH 17,970 - BTC 17,252 - ONDO 14,156 - SOL 11,383 - UXLINK 10,318 - RVN 6,508 - ZKJ 5,716 - ORBS 5,377 - TRUMP 5,367 Top 10 mentioned tokens - BTC 1,476 - ETH 829 - TRUMP 370 - XRP 294 - SOL 174 - ONDO 75 - ORBS 70 - DOGE 51 - SUI 38 - RVN 36

The head of a construction firm in Cheongju, South Korea, who has faced past allegations of collusion with local officials and police, has been indicted for allegedly embezzling company funds to invest in cryptocurrency and pay off personal debts, according to Yonhap News. The CEO reportedly diverted 25.9 billion won ($18.7 million) between June 2012 and January 2025.

Green Minerals, a Norwegian deep-sea mining company, announced on its official website that it plans to raise up to $1.2 billion with partners to grow its Bitcoin (BTC) Treasury, making digital assets a core part of its financing strategy.

An Iranian military central command spokesperson stated that Iran will take decisive action against the U.S. as its intervention in the conflict has broadened the scope of legitimate targets for Iranian military force, JinSe Finance reported, citing Jin10.com.

Omnichain infrastructure project Mango Network has unveiled its tokenomics in a recent post on X. The total token supply is capped at 10 billion, with allocations as follows: 20% to the POS stake pool, 20% to the foundation, 17% to the ecosystem innovation fund, 15% to the team and early contributors, 15% to investors, 5% each to testnet and mainnet airdrops and 3% to advisors.

Changpeng Zhao (CZ), former CEO of crypto exchange Binance, cautioned via X that hackers have been recently targeting cryptocurrency information websites. CZ reminds users to beware of authorizing wallet connections to these sites. Malware was planted on CoinMarketCap two days ago, and today, Cointelegraph's front end was attacked. As per on-chain analysis, 39 victims have lost $18,570 in total in the case of CoinMarketCap, CZ stated.

Metaplanet, a publicly listed Japanese firm known for its Bitcoin (BTC) investments, announced on X that it has acquired an additional 1,111 BTC. With this latest acquisition, the company now holds a total of 11,111 BTC.

Yueqi Yang, a crypto reporter at The Information, reported on X that OKX, one of the world’s top three crypto exchanges, is considering a U.S. initial public offering (IPO) after relaunching its exchange services in the country this April. She added that crypto-related stocks are rallying at valuations that have surprised even industry veterans.