Today in crypto, Arthur Hayes indicated that the upcoming Bank of Japan (BOJ) meeting could trigger a Bitcoin rally if the bank chooses to restart quantitative easing. The BOJ will announce its next interest rate decision on June 16-17, and a pivot to easing could significantly boost Bitcoin and other risk assets. Simultaneously, U.S. crypto stocks climbed as more firms added Bitcoin to their corporate treasury, with Bitcoin reaching $110,150, nearing its previous peak. Notably, BitMine Immersion purchased 100 BTC for reserves and KULR Technology added $13 million worth of Bitcoin to its holdings. In Paraguay, President Santiago Peña's office warned against claims that Bitcoin would become legal tender after a post from his personal account suggested otherwise. The official response urged the public to disregard unverified announcements while they work to clarify the situation.

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