Bitcoin Bullish Momentum Strengthens as SEC Approves Trump Media’s $2.3 Billion BTC Treasury Deal

In a landmark decision that underscores the growing institutional adoption of Bitcoin, the U.S. Securities and Exchange Commission (SEC) has approved Trump Media and Technology Group's $2.3 billion Bitcoin treasury deal. The approval, declared effective on June 13, 2025, marks a significant milestone for both the company and the cryptocurrency market. Trump Media, the parent company of Truth Social and partially owned by former President Donald Trump, had filed the S-3 registration on June 6, 2025, following a recent capital raise aimed at purchasing Bitcoin. This move not only highlights the increasing acceptance of Bitcoin as a treasury asset but also signals a bullish outlook for the cryptocurrency's future. The deal is expected to further solidify Bitcoin's position as a mainstream financial asset, potentially driving its price to new heights. As of July 10, 2025, the market is closely watching how this development will influence Bitcoin's trajectory, with many analysts predicting a sustained upward trend. The approval by the SEC is seen as a validation of Bitcoin's legitimacy and a catalyst for further institutional investments in the digital asset space.

SEC Approves Trump Media's $2.3 Billion Bitcoin Treasury Deal

The U.S. Securities and Exchange Commission has declared effective Trump Media and Technology Group's registration for a $2.3 billion Bitcoin treasury deal. The approval, detailed in a June 13 filing, follows the company's recent capital raise aimed at purchasing BTC. Trump Media, which operates Truth Social and counts former President Donald Trump as a partial owner, filed the S-3 registration on June 6.

The registration includes a universal shelf provision, granting flexibility for future growth initiatives. While no immediate issuance plans are confirmed, the MOVE signals aggressive expansion into cryptocurrency holdings. The deal involves resale of 56 million shares and 20 million tied to convertible notes from agreements with approximately 50 investors.

U.S. Bitcoin Miners Post High Profits in Q1 2025, JPMorgan Says

U.S. bitcoin miners reported a banner quarter in Q1 2025, with gross profits surging to $2 billion as Bitcoin prices hovered near $105,700. JPMorgan analysts highlight a sector-wide expansion in gross margins to 53%, up from 50% in Q4 2024, signaling improved operational efficiency.

IREN emerged as the cost leader, producing Bitcoin at just $36,400 per coin while delivering the highest gross profit. Meanwhile, MARA maintained its dominance in production volume for the ninth consecutive quarter, despite carrying the highest per-coin mining costs among major players.

The strong performance builds on momentum from late 2024, with four of five tracked miners achieving record revenues. The sector's resurgence reflects both favorable market conditions and operational refinements among listed mining companies.

Michael Saylor Reaffirms $1M Bitcoin Prediction Amid Market Volatility

MicroStrategy founder Michael Saylor reignited his bullish Bitcoin stance during a market downturn, declaring "If it's not going to zero, it's going to a million." The statement came as BTC briefly plunged 4.33% to $103,660 before recovering 2.35%.

The crypto community responded with extreme price targets of their own. Author Adam Livingston projected a $13M BTC by 2045, while Blockstream CEO Adam Back referenced a canceled 2020 limit order for all 21 million BTC at $0.02 each—a symbolic gesture highlighting Bitcoin's scarcity.

Market observers note these ultra-bullish predictions gain traction during periods of volatility, reinforcing Bitcoin's narrative as a long-term store of value. The $1M price target remains a focal point for institutional adoption theories.

Crypto Market Faces $190M Liquidation—But Signs Hint at Upcoming Rally

The cryptocurrency market endured a brutal selloff, with leveraged positions worth $190 million liquidated in 24 hours. Bitcoin led the decline, plunging nearly 4% to $102,664 as geopolitical tensions in the Middle East triggered panic across risk assets.

Short sellers bore the brunt of the carnage, accounting for $107 million of the total liquidations. The forced unwinding of these bearish bets created a reflexive bounce, with altcoins showing early signs of recovery. Market participants now watch for confirmation of a sustained rebound.

Technical factors suggest the selloff may have been overdone. The disproportionate damage to short positions—exceeding long liquidations by 29%—sets the stage for potential short-covering rallies. Over 58,000 traders were caught in the downdraft, creating what some analysts see as a flushed-out market poised for reversal.

Crypto Will Replace the “Dead” 60/40 Portfolio, Says Abra CEO Barhydt

The traditional 60/40 investment strategy—60% stocks, 40% bonds—is losing its luster as bonds underperform and Bitcoin gains traction. Abra CEO Bill Barhydt argues that crypto is poised to replace this outdated model, offering better inflation hedging and portfolio diversification.

Bloomberg’s U.S. Aggregate Bond Index returned a meager 1.25% in 2024, with a five-year decline of 0.05%. "The '40' in 60/40 isn’t working," Barhydt noted, highlighting crypto’s growing appeal among financial advisors seeking alternatives to faltering fixed-income assets.

At the 7th Annual Vision Conference in Arlington, Texas, hosted by the Digital Assets Council of Financial Professionals, Barhydt observed a marked shift in sentiment. Advisors once skeptical of digital assets are now warming to their potential, signaling a broader transformation in wealth management strategies.

ETHRANSACTION's Cloud Mining Model Gains Traction Amid Crypto Market Volatility

As Bitcoin and major altcoins experience heightened price swings in 2025, investors are increasingly turning to cloud mining solutions for stable returns. ETHRANSACTION has emerged as a leading platform, leveraging advanced hardware and AI-driven automation to deliver efficient mining operations.

The service distinguishes itself through transparent operations and regulatory compliance, addressing growing investor demands for security in the expanding digital asset market. While the platform supports multiple cryptocurrencies, its BTC mining proposition—promising daily yields up to $61,500—has drawn particular attention from risk-averse participants seeking to navigate market uncertainty.