News

Bitcoin Cash Breaks Out Against Bitcoin; HYPE Token Shows Bearish Divergence

Bitcoin Cash (BCH) Bull Run Potential BCH is the top-performing cryptocurrency in the last 24 hours. The BCH/BTC trading pair on Bitstamp has...

Polyhedra Promises Buyback Following 80% Drop in ZKJ Token Price

Polyhedra, a crypto protocol valued at $1 billion, announced a buyback plan to restore trust after its token, ZKJ, plummeted over 80% within...

Institutions Continue to Invest in Bitcoin Amid Market Resilience

Cryptocurrencies, notably Bitcoin and Ethereum, have remained stable amid geopolitical tensions but have not shown significant rallying. Key...

The Blockchain Group Raises €7.2 Million for Bitcoin Reserve Expansion

The Blockchain Group raised €7.2 million by issuing 1,603,306 shares at an average price of €4.49 to strengthen its Bitcoin reserves. The funding...

XRP Surges 3.6% Amid Market Volatility and Increased Trading Volume

XRP increased by 3.6% in the last 24 hours, reaching a peak of $2.33 before stabilizing around $2.25. The token surpassed resistance at $2.21 and...

Dogecoin's MVRV Z-Score at 0.28 Indicates Bearish Sentiment

Dogecoin's Market-Value-to-Realised-Value (MVRV) Z-Score is at 0.28, indicating potential capitulation despite a price of approximately $0.17 and a...

Arthur Hayes Warns of Overhyped Stablecoin IPOs Following Circle Listing

Arthur Hayes, co-founder of BitMEX, predicts a "stablecoin mania" following Circle’s recent IPO, warning that many new stablecoin firms will fail....

Analyst Predicts Bitcoin Peak and 95% Decline for Altcoins

Bitcoin and the broader cryptocurrency market are showing signs of recovery after a recent correction, but a crypto analyst warns that the market...

Metaplanet Achieves 10,000 BTC Milestone with 10x Forward Yield Over Strategy

Metaplanet Achievements Metaplanet reached 10,000 BTC in its treasury on June 16. Stock price peaked at approximately 1900 JPY, marking a...

Tornado Cash Surges Over 7% Amid Support from Paradigm and Ethereum Foundation

Tornado Cash (TORN) has experienced a rebound, increasing over 7% in the past 24 hours to approximately $9.92. This surge is attributed to...

US Senate Expected to Approve GENIUS Act for Stablecoin Regulation

The GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins Act) is poised for approval by the US Senate on June 17, following...

Ethereum Sees Historical June Slowdown with Potential for Further Price Declines

Ethereum is experiencing a typical June slowdown, aligning with historical trends. Current data indicates: June is historically the second-worst...

Polymarket Odds for U.S. Strike on Iran Drop to 46%

Traders on Polymarket have reduced expectations for U.S. military action against Iran. The probability of a strike by June 30 is now 46%, down from...

ARK Invest Sells $51.8 Million in Circle Shares Amid Stock Surge

ARK Invest, led by Cathie Wood, reduced its stake in Circle (CRCL) by selling $51.8 million worth of shares. The sale involved: 342,658 shares...

Cantor Fitzgerald Predicts Solana Could Surpass Bitcoin and Ether in Treasuries

Cantor Fitzgerald forecasts that Solana could surpass Bitcoin and Ether in corporate treasuries due to its staking capabilities, expanding utility,...

Stablecoin Exchange Inflows Drop $61 Billion Below Yearly Average

On-chain data indicates a significant decrease in exchange inflows for the stablecoins USDT and USDC, now below their yearly average. This trend may...

XRP Whale Wallets Surpass 2,700 for First Time in 12 Years

The number of whale wallets holding large amounts of XRP has reached a record high, indicating increased confidence in its price potential. ...

Deribit Block RFQ Tool Achieves $23 Billion Trading Volume in Four Months

The institutionalization of cryptocurrencies is gaining momentum, particularly through Deribit’s new trading tool. Key points include: Deribit's...

Ethereum Price Consolidates Near $2,800 Resistance Following Recent Market Shakeout

Ethereum Market Overview Ethereum (ETH) is currently trying to retest the local range highs after a market shakeout last week. Analysts suggest that...

Cardano Price Declines Below $0.680 with Key Support at $0.620

Cardano (ADA) is experiencing a price decline, currently below the $0.680 mark and showing signs of struggling to maintain support at $0.620. ADA...

Ethereum Trading at $2,600 with 3.5% Daily Gain

The crypto market is rebounding, with Ethereum (ETH) showing significant momentum. Currently trading around $2,600, ETH has gained 3.5% in the last...

Pump.fun and Memecoin Accounts Suspended by X on June 16

On June 16, X suspended the official account of Pump.fun and co-founder Alon Cohen, along with other memecoin-related platforms such as GMGN, Bloom...

Dogecoin Price Rises 4.29% Amid Market Liquidations and Global Uncertainty

Dogecoin (DOGE) Update Dogecoin increased by 4.29% in 24 hours, rising from $0.173 to $0.180 amid market liquidations due to the Israel–Iran...

XRP Outperforms Major Cryptos Amid Ongoing Israel-Iran Tensions

Global markets face uncertainty as crypto assets trade sideways ahead of the U.S. Federal Reserve meeting. Key points include: Following a $1.2...

XRP Price Surges Above $2.20, Faces Resistance Near $2.280

XRP price is experiencing a correction after rising above the $2.20 level, with potential support at $2.2150. XRP initiated an upward movement...

Crypto Investment Products Experience $584 Million Outflow in One Week

Crypto asset investment products faced capital outflows for the second week, with $584 million exiting in the latest report from CoinShares....

Ethereum Price Declines Below $2,600, Support Found Near $2,525

Ethereum price is experiencing a decline after attempting to rise above $2,600. Currently, it may struggle to maintain support above $2,500. ...

Ethereum Futures Open Interest Reaches Yearly High of $36.56 Billion

Ethereum (ETH) is experiencing significant market activity as futures open interest reached a yearly high of $36.56 billion on June 16, with prices...

Bitcoin Price Tests $108,800 Resistance While Correcting Below $108,000

Bitcoin Price Update Bitcoin price increased above $107,000, testing the $108,800 zone. Current trading at approximately $106,800, above the...

Bitwise Predicts Bitcoin Could Reach $140,000 After Geopolitical Tensions

Bitwise Asset Management's European research arm suggests that the recent sell-off in Bitcoin, following military escalations between Iran and...
0