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Bitcoin shows bullish potential with rising short interest hinting at a surge to $100K–$110K, while Semler Scientific's bold 105K BTC treasury move and Texas safeguarding its Bitcoin reserve signal growing institutional and governmental confidence in crypto.

Pumpfun reportedly delays token auction to July amid legal troubles

CryptoSlateFriday, June 20, 2025 at 10:36:02 PM
Pumpfun reportedly delays token auction to July amid legal troubles
Pump.fun, a popular Solana-based crypto launchpad, has pushed back its public token sale to July—another delay in what’s become a messy saga. Originally slated for June 25, the auction aimed to raise $1 billion at a $4 billion valuation, but legal headaches keep piling up, leaving users and investors in limbo.
Editor’s Note: Delays like this aren’t just about calendar shuffling—they erode trust. Pump.fun’s legal woes add to the already shaky reputation of crypto projects that overpromise and underdeliver. For investors, it’s another reminder that flashy valuations mean little if the fundamentals (or the law) aren’t on solid ground.
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Latest from Cryptocurrency
Semler Scientific Unveils 105K Bitcoin Ambition, Pushing Boundaries of Treasury Strategy
positiveCryptocurrency
Semler Scientific, a healthcare company, is making waves by announcing an ambitious plan to acquire a whopping 105,000 Bitcoin as part of its treasury strategy. This bold move signals a growing trend of corporations treating Bitcoin not just as a speculative asset but as a core part of their financial reserves—pushing the boundaries of traditional corporate finance.
Editor’s Note: This isn’t just another company dabbling in crypto—it’s a serious bet on Bitcoin as a long-term store of value. Semler’s massive target (worth billions at current prices) could inspire other firms to rethink their cash strategies, further legitimizing Bitcoin in mainstream finance. Whether you’re a crypto enthusiast or just watching corporate trends, this is a big deal because it shows how deeply Bitcoin is infiltrating even unexpected sectors like healthcare.
Bitcoin May Surprise Bears: $100K–$110K Range Shows Rising Short Interest
neutralCryptocurrency
Bitcoin's price has been stuck between $100K and $110K for weeks, but things are getting interesting behind the scenes. Traders are placing more bets against Bitcoin (shorting it), even though bullish positions still slightly outnumber them. This tension suggests a potential showdown—if Bitcoin breaks out of this range, it could catch pessimistic traders off guard.
Editor’s Note: When short interest rises, it often sets the stage for a "short squeeze"—if Bitcoin suddenly rallies, those betting against it would have to buy back in, fueling even more upward momentum. For crypto watchers, this stalemate isn’t just idle price action; it’s a pressure cooker that could explode in either direction.
Thailand Eyes Bold Crypto Overhaul: Exchanges May Soon List Their Own Tokens
positiveCryptocurrency
Thailand is considering a major update to its crypto regulations that would allow local exchanges to list their own tokens—a significant shift from current rules. The country's SEC is now gathering public input on the proposal, signaling a push to modernize its digital asset framework amid rising crypto activity.
Editor’s Note: This could be a big deal for Thailand's crypto scene. If exchanges can list their own tokens, it might spur innovation and attract more investment, but regulators will need to balance flexibility with safeguards. For crypto traders and businesses, it’s a sign that Thailand is serious about becoming a more crypto-friendly hub in Southeast Asia.
CoinMarketCap has 'identified and removed' malicious wallet scam
negativeCryptocurrency
CoinMarketCap says it’s taken down a sneaky wallet scam that was lurking on its platform. While they’ve scrubbed the malicious code, they’re still digging into how it got there in the first place.
Editor’s Note: Scams in crypto aren’t new, but when they pop up on big platforms like CoinMarketCap—a go-to site for price tracking—it’s a reminder that even trusted sources can be compromised. Users should stay sharp, double-check wallet addresses, and maybe think twice before clicking links, even on familiar sites.
Dollar-Free Future Accelerates as Putin and BRICS Bank Chief Discuss Digital Payment Platform
neutralCryptocurrency
Russian President Vladimir Putin and the head of the BRICS bank are reportedly speeding up plans for a digital payment system that could sidestep the US dollar. The move signals a growing push by major emerging economies to reduce reliance on traditional Western-dominated financial systems. While details are still scarce, the talks suggest a concrete step toward a long-discussed alternative to dollar-based trade.
Editor’s Note: The dollar has been the backbone of global trade for decades, but this could be another crack in its dominance. If BRICS (Brazil, Russia, India, China, South Africa) gets a functional digital payment platform off the ground, it might reshape how money moves between nations—especially those looking to dodge US sanctions or economic pressure. It’s not just about tech; it’s a power play with real ripple effects for trade, diplomacy, and even everyday consumers if shifts in currency dynamics hit exchange rates or inflation.

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