We’re excited to bring you the weekly updates, insights, and opportunities to enhance your trading experience with Delta Exchange.
WEEKLY SNAPSHOT
Note: Last Price mentioned in Weekly Returns table are as observed on 15th June, 11:59 AM IST and in the Top 3 Alt Coins table are as observed on 14th June, 11:59 PM IST.
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CRYPTO NEWS
1. Crypto markets wobble after hawkish Fed outlook in Kevin Warsh’s first FOMC meeting
Major cryptocurrencies edged lower on Wednesday after the Federal Reserve held interest rates steady but released hawkish economic projections in Kevin Warsh’s first meeting as chair.The Federal Reserve’s decision to maintain interest rates was widely anticipated by market participants. However, the meeting carried added significance as it marked the first policy decision under the chairmanship of Kevin Warsh.
Source: CNBC
2.Strategy’s STRC preferred stock closes day 11% under par at $89
Stretch (STRC) pays a variable dividend, currently yielding an effective annualized rate of 12.9%, designed to keep its share price close to the $100 target. When the stock trades above par value, Strategy can issue additional shares and use the proceeds to acquire more bitcoin. Following Wednesday’s close at $89, the stock appears to have reached its lowest level since its launch in 2025.
Source: CoinDesk
3. CryptoQuant: Bitcoin Microtransactions Now Account for 80% of Daily Network Activity
Bitcoin transactions below 0.01 BTC (currently worth about $630) now make up about 80% of all daily transactions, up from about 44% in 2023, driving a sharp increase in network activity despite ongoing price weakness, according to CryptoQuant.
Source: The Block
4. Franklin Templeton proposes ETFs using dividends to buy bitcoin, blending stocks and crypto exposure
Franklin Templeton has filed with the SEC to launch two new ETFs that allocate 95% to U.S. equities and 5% to bitcoin, using corporate dividends to buy bitcoin exposure. This innovative structure aims to create a steady, automatic demand for bitcoin funded by equity dividends, signaling growing institutional interest in combining traditional stocks with cryptocurrency.
Source: Yahoo Finance
5. Spot bitcoin ETFs log sixth consecutive week of net outflows
According to data from SoSoValue, spot bitcoin ETFs saw $226.8 million in net outflows in the week ending June 18. In the past six weeks, the funds posted a total of $5.94 billion in outflows. This six-week period also marks the longest consecutive streak of weekly net outflows.
Source: The Block
OPTIONS OI ANALYTICS FOR UPCOMING WEEK
OI Analytics for the upcoming week: BTCUSD
Call writing is heavily concentrated around the key resistance level of $70,000, while put writing remains absent near the current market price and is primarily clustered around the lower support zone of $53,000. The Put-Call Ratio (PCR) of 0.59 reflects a cautious to bearish market sentiment, suggesting that Bitcoin may encounter resistance on further upside unless strong buying interest emerges to drive prices above the call-dominated region.
OI Analytics for the upcoming week: ETHUSD
Call writing is heavily concentrated around the $2,000 level, establishing it as the key resistance zone on the upside, while significant put writing is visible near $1,300, indicating a strong support area. The Put-Call Ratio (PCR) of 0.50 points to a bearish market bias for the coming week, suggesting that ETH could face upward resistance unless renewed buying momentum emerges to absorb the call-heavy positioning.
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USA WEEK AHEAD (IST) [HIGH IMPACT DATA]
Thursday, June 25 - 6:00 PM- Durable Goods Orders (MoM), GDP Growth Rate (QoQ)
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