Bitcoin surged again above $103,900 on Friday as Trump Media and Know-how Group introduced a daring transfer into crypto markets. The corporate, based by former President Donald Trump, filed a registration assertion with the U.S. Securities and Change Fee (SEC) for a spot Bitcoin ETF beneath the Fact Social model.
JUST IN:
President Trump's Fact Social recordsdata S-1 type for his or her Bitcoin ETF
pic.twitter.com/OSlwAYZbln
— Bitcoin Journal (@BitcoinMagazine) June 5, 2025
This initiative, if authorized, would supply mainstream buyers with publicity to BTC via publicly traded shares, doubtlessly opening the door to broader retail adoption.
The ETF will commerce on NYSE Arca and can instantly maintain bitcoin, moderately than utilizing derivatives or leverage. Yorkville America Digital, a Florida-based agency specializing in digital asset methods, is sponsoring the fund, whereas Crypto.com will function custodian and liquidity supplier.
Key particulars:
- Ticker: To be introduced
- Construction: Bodily backed, passive belief
- Redemptions: Initially cash-only, with potential for in-kind BTC redemptions
- Items: Shares issued/redeemed in blocks of 10,000 (“Baskets”)
The submitting marks a uncommon intersection of crypto, politics, and Wall Avenue—and places Bitcoin again within the headlines. Some view regulatory danger as a result of political hyperlink, whereas others imagine it enhances legitimacy.
Bitcoin Rebounds However Faces Wedge Resistance
From a technical standpoint, the Bitcoin worth prediction stays bearish so long as it holds under the $ 106,000 mark. BTC stays in restoration mode after falling to $100,519 earlier this week. It has since bounced over 3%, climbing to $103,981, as bulls retest a key resistance stage following a breakdown from a symmetrical triangle sample.
The breakdown was swift, triggered by excessive quantity and a long-bodied bearish candle. Nevertheless, dip consumers confirmed energy on the $100.5K zone, forming a bullish engulfing candle and pushing BTC above the 50-period EMA at $104,358.

Technically, BTC nonetheless faces sturdy resistance:
- Horizontal zone: $104,547 to $106,308
- 200 EMA: $106,308
- Wedge base: A key trendline turned resistance
Momentum indicators, such because the MACD, have flipped bullish, signaling potential continuation; nonetheless, affirmation above $104,600 stays important.
Can Bitcoin Attain $200K?
With rising institutional curiosity and now Trump-linked political publicity, the dialog round a six-figure Bitcoin is heating up once more. BTC’s earlier all-time excessive of almost $69,000 was primarily pushed by institutional FOMO and ETF anticipation.
The Fact Social ETF, if authorized, may reignite related dynamics—however with even larger political visibility.
For BTC to succeed in $200K, it wants:
- Sustained ETF inflows
- International liquidity help
- Breakout above $110K macro resistance
Commerce Concept: A breakout above $104,600 may justify a protracted entry at $104,800, with a goal of $106,300–$107,600.
Cease-loss: $103,100.
If BTC can reclaim the wedge construction and maintain above the 200 EMA, mid-term bulls may set their sights past $110K, setting the stage for the $200K debate to achieve actual traction.
Bitcoin Hyper Presale Hits $552K—Layer 2 Simply Received a Meme-Sized Improve
Bitcoin Hyper ($HYPER) is taking off as the primary Bitcoin-native Layer 2, combining velocity, scalability, and meme tradition. Constructed to repair Bitcoin’s most vital flaws—gradual transactions and excessive charges—it leverages the Solana Digital Machine (SVM) to carry quick, low-cost sensible contracts to the BTC ecosystem.
With over $552,000 already raised, early adopters are betting massive on its mix of tech innovation and meme attraction.
Core Options That Set It Aside
What makes Bitcoin Hyper totally different? It’s the one Bitcoin-based Layer 2 that mixes the velocity of SVM with the safety of BTC’s base layer. The Canonical Bridge permits seamless BTC transfers, whereas low-cost fuel charges and high-speed execution empower dApps, meme cash, funds, and extra. Audited by Seek the advice of, it’s constructed for velocity, belief, and scale.
Staking Rewards and Utility
$HYPER isn’t only a token; it powers the ecosystem. Customers can stake it for prime APY rewards post-launch, use it for fuel charges, and entry premium decentralized functions (dApps). Plus, lively holders can earn bonuses through governance and early adoption initiatives. That’s actual utility in a meme-capable package deal.
Presale Now Stay—Don’t Miss the Value Bounce
The general public presale is now stay, with 1 $HYPER priced at $0.011775. Over 90% of the funding objective has already been raised. Early consumers lock within the worth at this stage earlier than the following tier is launched. Purchase with crypto or card, no pockets? No drawback. Web3Payments is built-in for a seamless checkout expertise.
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