StakeStone has teamed up with the Trump family’s crypto project, WLFI, to offer cross-chain liquidity support for the USD1 stablecoin. This collaboration bridges real-world assets (RWA) and native DeFi liquidity, allowing users to move funds seamlessly across different blockchains. The partnership also enables users to earn sustainable yields and access liquidity without locking up their assets, making it easier for everyone to manage and grow their investments in the crypto space.
Bitcoin (BTC) price eyes a parabolic rally past $100,000 after BTC’s Realized Capitalization soared to an all-time high, a surge that has always preceded a strong upward trend. The rise in this metric comes as BTC defends $95,000, after President Trump’s relief on auto tariffs fuelled a recovery across financial markets.
BTC value today stands at $94,930 with a daily high of $95,443, as the Bitcoin Fear and Greed Index indicates that traders are in a state of “greed.” A deep dive into the Realized Cap and 2 other key metrics suggests that a major price increase is looming.
Bitcoin (BTC) Price Eyes Rally As Realized Capitalization Hits ATH
According to CryptoQuant data shared by analyst Carmelo, BTC’s Realized Cap, an on-chain metric used to measure the price at which BTC was last moved on-chain, has reached a record high of $882 billion. Per Carmelo, the surge indicates retail and institutional investors have re-entered the market and anticipate gains in the near term.
Bitcoin Realized Capitalization
As the chart above shows, a rise in the Realized Cap metric is often followed by a notable increase in the price of Bitcoin. Per Carmelo, history will likely rhyme, and an explosion is on the horizon. He opined,
“Although we have seen progressive gains since April 9, the price has not yet exploded significantly in a very short time frame, which is a typical characteristic of Bitcoin. However, if these accumulations continue, it is highly likely that such an explosion will occur.”
Interestingly, this is not the only on-chain metric hinting towards a BTC price explosion happening soon. The supply of BTC held in profit has surged past 90%, which analyst Darkfost noted has previously caused a euphoric phase, and the king coin is getting close to this level.
Bitcoin Percent Supply in Profit
Meanwhile, popular analyst Ali Charts noted that in the last two weeks, whales have accumulated 43,100 BTC valued at nearly $4 billion, an indication that these large addresses may be positioning for an uptrend. This further supports the argument that a BTC breakout past $100,000 is looming and may happen soon.
Bitcoin Technical Analysis – Key Support & Resistance Levels to Watch
Bitcoin trades within a giant falling wedge pattern on the daily chart, and is teasing a breakout above the upper trendline, a move that could spark a 21% price gain towards an all-time high of $115,000. The RSI line, which is tipping north and has reached a value of 66, supports the likelihood of a breakout happening, as bullish momentum surges.
However, for a bullish Bitcoin price forecast to play out, BTC needs to clear several hurdles. The first is resistance at $95,680, a level that also marks the upper descending trendline of the falling wedge. If it makes a decisive close above this resistance, it then needs to clear $99,690 for a run up to $115,000.
BTC/USDT: 1-day Chart
If this bullish thesis fails, and traders who bought during the rally decide to take profits and spark a downtrend, Bitcoin price faces support at $92,000, with a breach of this level set to drag the price down to $81,000. If this happens, the market sentiment will likely fall back into “fear” and invalidate the likelihood of a “euphoric phase” happening in the near term.
Changpeng “CZ” Zhao, former CEO of Binance, is advising Kyrgyzstan on becoming a crypto hub. He signed an agreement with the Kyrgyz National Investment Agency to build the nation’s Web3 capacities.
A cornerstone of this plan is Kyrgyzstan’s A7A5 stablecoin, pegged to the Russian ruble and focused on emerging markets. CZ claimed that he has been advising several governments “officially and unofficially” regarding crypto.
According to the latest announcements, the country is developing a new A7A5 stablecoin pegged to the Russian ruble. Kyrgyzstan’s crypto turn is also being influenced by Changpeng “CZ” Zhao, the founder of Binance.
“A Memorandum of Understanding has been signed between the National Investment Agency under the President of the Kyrgyz Republic and Changpeng Zhao (CZ). In accordance with the Memorandum, the parties intend to cooperate in the development of the cryptocurrency and blockchain technology ecosystem in the Kyrgyz Republic,” claimed President Sadyr Zhaparov.
Meanwhile, CZ acknowledged his business in Kyrgyzstan, claiming that he introduced President Zhaparov to X, the social media site.
“I officially and unofficially advise a few governments on their crypto regulatory frameworks and blockchain solutions for gov efficiency, expanding blockchain to more than trading. I find this work extremely meaningful,” CZ claimed via social media.
Although CZ’s connection with Kyrgyzstan’s new A7A5 stablecoin is not fully known, it would align with his recent alleged Trump dealings.
Zhaparov’s statement claimed that the Binance founder will provide infrastructural, technological support, technical expertise, and consulting services on crypto and blockchain technologies.
Also, the president went on to state that this agreement with CZ will strengthen Kyrgyzstan’s standing in the growing Web3 environment. The long-term plan is to help create new opportunities for Kyrgyz businesses and society as a whole.
Presumably, this will involve some cooperation with Russia, as A7A5’s press release mentions “a new class of digital assets tied to the Russian economy.” This stablecoin is bucking significant tradition by aligning with the ruble instead of the dollar.
However, this is part of its strategy to focus on emerging markets. This novel experiment could demonstrate new market opportunities and challenge the dominance of USD-pegged stablecoins in the region.
The European Central Bank (ECB) and European Commission are having a public dispute over MiCA and stablecoin regulation. The ECB believes that restrictions aren’t harsh enough, fearing US firms dominating the market.
The Commission disputed the ECB’s fears, alleging that it’s building up stablecoin-related fears to promote a controversial digital euro program. There are already signs of European irrelevance to Web3, and more restrictions likely wouldn’t help.
As one commentator, Mikko Ohtamaa, put it, it has good reasons to worry about the future:
“The EU had the first mover advantage with the regulation and they screwed it up. No EU stablecoin is internationally competitive because the inherited business unfriendliness that was baked into the MiCA by the lobbying efforts of banks and other legacy financial institutions,” he claimed via social media.
Most recently, Ethena Labs, too, pulled out of Europe after failing to get MiCA approval. These firms had no such problems in the US.
In an interesting twist, the ECB’s concern is not that MiCA is too harsh, thereby preventing innovation. As Politico claimed, it instead worries that existing regulations aren’t strong enough.
Instead, it acknowledged President Trump’s stated goal to use stablecoins to promote dollar dominance and fears that US assets could flood European markets. It wants to fight back head-on.
This is at the heart of the controversy between these EU institutions. The European Commission reacted with hostility to the ECB’s proposed MiCA changes.
That is, it seems that most EU institutions are satisfied with existing stablecoin regulations. Besides, if the ECB gets its proposed MiCA reforms, would that even matter?
The crypto markets reacted with shocking ambivalence to its recent rate cuts. Europe is in danger of falling behind in the global Web3 economy, and more restrictions aren’t likely to help.
