Bitcoin's Bollinger BandWidth hits near all-time lows as DeFi exploit losses cross $840 million at the midyear mark — two signals that define where crypto risk sits right now. Today's briefing covers the compression setup, Strategy's 52-week low, prediction market surge, L2 growth, stablecoin shortfalls, and geopolitical pressure from a collapsed US-Iran ceasefire.
Audio is available on Spreaker — see link below.
Bitcoin's Bollinger BandWidth just hit near all-time lows. That's not a routine technical reading.
The compression is showing up in equity markets too. Strategy, the company formerly known as MicroStrategy, closed at eighty-two dollars and thirty-one cents on June twenty-sixth.
Away from price, the midyear picture for DeFi is difficult. Exploit losses crossed eight hundred forty million dollars in the first half of the year across more than fifty separate incidents.
The midyear picture isn't uniformly negative. Two areas are running significantly ahead of forecasts.
On regulation, the Clarity Act is in a tighter spot than it was a month ago. Passage odds have been revised down to fifty percent, from sixty, as July approaches.
Two final pieces worth tracking. Stablecoin supply sits at three hundred twenty billion, well below the one trillion dollar forecast.
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