The Blockchain Group Raises $340M, Bitcoin Eyes $105K, U.S. Advances CLARITY Act, SEC Strengthens Team
Welcome to our exciting weekly recap in the dynamic world of cryptocurrencies! On Monday, June 9 th, 2025, at 9:00:05 AM EST (3:00:05 PM CET), we will analyze the prices of the top 10 cryptocurrencies according to Coin Market Cap and anticipate how the market could evolve throughout the week. On Friday, June 13th , 2025, at 6:00:02 PM EST (12:00:02 PM CET), we will compare these prices with the closing values to identify market trends and fluctuations.
| CRYPTO | INITIAL | % CHANGE | FINAL |
|---|---|---|---|
| BTC | $107,817.65 | -2.83% | $104,771.58 |
| ETH | $2,546.73 | -1.27% | $2,514.45 |
| XRP | $2.27 | -7.04% | $2.11 |
| BNB | $656.44 | -0.98% | $650.03 |
| SOL | $155.63 | -7.12% | $144.58 |
| DOGE | $0.19 | -5.26% | $0.18 |
| ADA | $0.67 | -5.97% | $0.63 |
| TON | $3.21 | -7.79% | $2.96 |
| AVAX | $20.94 | -9.49% | $18.95 |
The Blockchain Group to Raise $340M for Bitcoin Treasury
Paris-based crypto firm The Blockchain Group plans to raise €300 million (around $340 million) to expand its Bitcoin holdings. Already holding $154 million in BTC, the company claims to be Europe’s first Bitcoin treasury firm. The fundraising will follow an “At the Market” (ATM) structure, with share sales executed in tranches at market prices, capped at 21% of daily trading volume.
Bitcoin Bears Eye $105K As Long Liquidations Rise
Bitcoin jumped nearly 5%, topping $110,000 and signaling bullish momentum. However, analysts warn that a clean breakout above the $112,000 all-time high is needed to confirm the uptrend. Caution remains due to macroeconomic uncertainty and weak liquidity. Data shows many long positions could be liquidated near $105,000, suggesting volatility ahead if Bitcoin fails to break higher.
U.S.: Crypto CLARITY Act Advances
The U.S. House Financial Services Committee approved the CLARITY Act, a bill to regulate the crypto market, in a 32–19 vote. It now moves to the House floor for a full vote. Lawmakers call it a key step for the U.S. to lead in Web3 and tokenized payments.
Shopify Joins Coinbase and Stripe for USDC Payments
Shopify, Coinbase, and Stripe are enabling merchants in 34 countries to accept USDC payments. Stripe will auto-convert USDC to local currency. The move aims to simplify stablecoin use in global commerce and help USDC compete with top issuer Tether.
SEC Adds Crypto-Savvy Leaders in Shift Toward Digital Assets
The SEC has appointed four new senior officials, including Jamie Selway and Brian Daly—both with crypto experience. Selway will lead the Division of Trading and Markets, while Daly will head Investment Management. These hires, effective in June and July, signal a friendlier crypto stance under Chairman Paul Atkins, who took over in April and has promised more support for innovation in digital assets.
Sources
https://cointelegraph.com/news/blockchain-group-raise-340m-bitcoin-treasury
https://bitcoinist.com/bitcoin-bears-eye-105k-as-long-position-liquidations-pile-up-insights/
https://cointelegraph.com/news/clarity-act-passes-house-committee-financial-services
https://www.theblock.co/post/357967/shopify-coinbase-stripe-usdc
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