Bitcoin’s Path to a $15 Trillion Digital Asset Market by 2030
No Limit Holdings (NLH), in partnership with ClearVue Partners (CVP), has successfully closed its oversubscribed CVP NoLimit Fund II, targeting native crypto projects in a digital asset market projected to hit $15 trillion by 2030. Led by Gin Chao, a seasoned blockchain strategist and Binance.US board member, NLH is poised to drive global blockchain adoption. This development underscores the growing institutional confidence in the crypto sector, with Bitcoin currently trading at 104,930.95 USDT as of June 3, 2025.
No Limit Holdings Closes Oversubscribed Fund to Target $15 Trillion Digital Asset Market
No Limit Holdings (NLH), a blockchain-focused investment firm, and ClearVue Partners (CVP) have finalized the close of CVP NoLimit Fund II, targeting native crypto projects in an industry projected to reach $15 trillion by 2030. Led by Gin Chao, a Binance.US board member and former Binance.com Strategy Officer, NLH aims to accelerate blockchain adoption globally.
The firm’s inaugural fund, launched in 2022, outperformed bitcoin with top-tier returns, investing in over 40 projects across DeFi, infrastructure, and emerging sectors like DePIN. One notable investment was Wynd Labs, a core contributor to Grass Protocol, which rewards users for sharing unused internet bandwidth.
New Hampshire Tops List of Most Crypto-Friendly U.S. States: Study
New Hampshire leads the nation as the most crypto-friendly state, according to a study by ASICKey. Despite high electricity costs and minimal Bitcoin mining activity, the state’s zero capital gains tax, favorable regulatory environment, and widespread business adoption secured its top ranking. With 4.4 crypto businesses and 9.3 ATMs per 100,000 residents, New Hampshire scored 71.22 out of 100.
Wyoming followed closely, leveraging its dense blockchain job market and low energy costs. Nevada, Texas, and Alaska rounded out the top five, each excelling in distinct areas—business adoption, mining infrastructure, and job growth—while benefiting from tax-friendly policies.
The study highlights how regulatory clarity and tax incentives drive crypto infrastructure development. States with ambiguous rules or high taxes risk stifling innovation, while those embracing digital assets attract investment and talent.
Bitcoin Navigates Critical $105K Threshold as June Trading Begins
Bitcoin faces a pivotal test at $105,238 as the second quarter of 2025 nears its close. The cryptocurrency’s May rally shows signs of fatigue, with traders weighing bullish momentum against potential profit-taking pressures. The $105,000 level has emerged as a psychological battleground, its defense or breach likely determining June’s market trajectory.
Market Value to Realized Value (MVRV) Deviation Pricing Bands signal caution. Bitcoin approaches the +1σ standard deviation band—a historical precursor to sell-offs—but hasn’t yet breached this danger zone. This technical buffer leaves room for upward movement before overheating concerns materialize.
On-chain metrics reveal underlying tension. The cost basis of...
James Wynn’s $100M Bitcoin Liquidation and High-Stakes Comeback on Hyperliquid
Crypto trader James Wynn faced a staggering $100 million liquidation on May 30 after his 40x Leveraged Bitcoin long position collapsed as BTC dipped below $105,000. The trade, involving 949 BTC ($99.3M), was one of the largest perpetual futures losses this year.
Undeterred, Wynn swiftly pivoted—cashing out $4.1M in Hyperliquid’s HYPE tokens for a $1M profit before plunging back into BTC with another 40x leveraged long. This new position is already down 73%, underscoring his signature high-risk strategy that continues to draw market scrutiny.
Blockchain analytics reveal an $81.45M equity drop in Wynn’s account during the liquidation week. The rapid succession of extreme bets highlights the volatile calculus of leverage in crypto markets, where fortunes pivot on single percentage moves.
Tether and Bitfinex Complete $2B Bitcoin Transfer for Twenty One Capital Venture
Tether and Bitfinex have finalized their $2 billion Bitcoin contribution to Twenty One Capital, transferring 21,000 BTC to designated wallets on June 2. The MOVE fulfills their commitment to the venture, which aims to bridge traditional capital markets with Bitcoin exposure.
The transaction aligns with Twenty One’s earlier disclosure of acquiring BTC at an average price of $95,319.83 per coin, part of its business combination with Cantor Equity Partners. The venture’s structure includes $1.5 billion from Tether, $900 million from SoftBank, and $600 million from Bitfinex.
Jack Mallers, CEO of Strike, will lead Twenty One Capital as it seeks to raise an additional $550 million through convertible notes and private equity. Copper and Anchorage Digital will provide custody services for the Bitcoin holdings.
