According to Crypto Rover, Hong Kong's financial regulator is set to legalize Bitcoin and crypto derivatives trading, marking a major regulatory shift in Asia (source: Crypto Rover, Twitter, June 5, 2025). This move is expected to significantly boost institutional participation and liquidity in the region’s crypto markets, potentially impacting global Bitcoin price trends and increasing trading volumes for derivatives products. Traders should monitor regulatory announcements for changes in market structure and heightened volatility opportunities.

According to Milk Road (@MilkRoadDaily), Bitcoin ($BTC) has reached new all-time highs, with stablecoins rapidly increasing their share of the global money supply. Seven charts presented in their latest analysis illustrate the potential for $BTC to target $140,000 in June, supported by substantial trading volume, liquidity inflows, and bullish technical indicators (source: Milk Road, May 21, 2025). Additionally, Hong Kong has implemented progressive crypto regulations that the U.S. is still debating, potentially setting the stage for increased institutional adoption and further capital inflow into the crypto markets (source: Milk Road, May 21, 2025). These developments are critical for traders monitoring short-term momentum and macro trends impacting Bitcoin and stablecoin demand.