A significant Ethereum transaction occurred on June 15 when a crypto whale withdrew 8,500 ETH, valued at approximately $21.49 million, from the Bitget exchange. The funds originated from wallet address 0xf6804c25f707556b598c17bbcb928260feecec84. Market analysts note that large-scale withdrawals of this magnitude… Read More »Crypto Whale Withdraws 8,500 ETH Worth $21.49M from Bitget Exchange
Aleksei Andriunin, CEO of Gotbit Consulting LLC, has been sentenced to 8 months in prison following his conviction for orchestrating a cryptocurrency market manipulation scheme. The U.S. Department of Justice secured the sentence and a $23 million forfeiture order against… Read More »Gotbit CEO Sentenced, Forfeits $23 Million in Landmark Crypto Market Manipulation Case
Bitcoin has demonstrated notable resilience maintaining support above the $100,000 threshold despite escalating geopolitical tensions between Israel and Iran. The cryptocurrency registered a brief 2.8% retreat to roughly $103,000 following initial news of the geopolitical conflict but swiftly stabilized. The… Read More »Bitcoin Holds Above $100K Amid Israel-Iran Tensions as Market Sentiment Stays in ‘Greed’ Territory
Cryptocurrency trader AguilaTrades has initiated a highly leveraged long position on Bitcoin valued at nearly $199 million on the Hyperliquid derivatives platform. The position utilizes 20x leverage, representing a significant bet on Bitcoin’s price appreciation despite prevailing market volatility. Initial… Read More »Trader Places $199 Million Leveraged Bitcoin Bet on Hyperliquid
Market analysts are observing that Bitcoin appears to be entering a ‘pre-mania phase’, a historical pattern frequently preceding significant bull runs. This observation suggests cryptocurrency markets could be on track for a landmark year. Current analysis indicates Bitcoin’s market cycle… Read More »Analysts Signal Bitcoin Entering Pre-Mania Phase, Hinting at Potential Landmark Year
Bitcoin is exhibiting unprecedented resilience by maintaining its upward momentum despite rising U.S. Treasury yields and a strengthening U.S. Dollar Index (DXY), challenging historical correlations and signaling its evolution into a recognized store of value. Historically, Bitcoin price corrections aligned… Read More »Bitcoin Defies Macroeconomic Trends as Store of Value Status Strengthens
Maker (MKR) has surged 17% over the last 24 hours, primarily fueled by aggressive long positioning in the futures market. The Open Interest Weighted Funding Rate reached 0.0170%, ranking as the third-highest level recorded this year, signaling strong leveraged bullish… Read More »Maker (MKR) Surges 17% on Futures Longs Amid Spot Market Profit-Taking
Circle CEO Jeremy Allaire has declared that stablecoin adoption possesses the potential to revolutionize global finance, likening its impact to an ‘iPhone moment’. Allaire emphasized stablecoins’ unique ability to streamline payments and significantly enhance financial inclusivity worldwide. Stablecoins, digital currencies… Read More »Circle CEO Allaire Compares Stablecoin Adoption to ‘iPhone Moment’ for Global Finance
Cryptocurrency exchange Bybit has announced the development of Byreal, a novel hybrid decentralized exchange (DEX) built on the Solana blockchain. This platform aims to merge the deep liquidity typically associated with centralized exchanges (CEX) with the transparency and self-custody benefits… Read More »Bybit Unveils Byreal: Hybrid DEX on Solana Blending CEX Liquidity with DeFi Transparency
LEO token recorded the highest cryptocurrency spot fund inflows at $3.87 million this week, signaling shifting investor preferences in digital asset markets. The inflows highlight a notable divergence from established assets as Bitcoin (BTC) and Ethereum (ETH) faced substantial capital… Read More »LEO Token Leads Crypto Inflows Amid Major Bitcoin and Ethereum Outflows
Cryptocurrency wallet provider PlutoPe has raised ₹50 million (approximately $58,000) in a Pre-Seed funding round led by investor Manit Gupta. The capital injection will accelerate the company’s expansion into underbanked regions and enhance user acquisition strategies for its non-custodial wallet… Read More »PlutoPe Secures $58,000 Pre-Seed Funding to Expand Crypto Wallet Services and Debit Cards
NBA Hall of Famer Shaquille O’Neal has agreed to a $1.8 million settlement in a lawsuit alleging he misled investors through promotional activities for cryptocurrency exchange FTX. The settlement, pending judicial approval, seeks to resolve claims that O’Neal’s endorsements contributed… Read More »Shaquille O’Neal Reaches $1.8 Million Settlement Over FTX Endorsement Lawsuit
Bitcoin is currently testing a crucial support level near $104,124, identified through on-chain analysis as a significant concentration of investor positions. Market analysts warn that failure to maintain this level could trigger a decline toward the next major support zone… Read More »Bitcoin Tests Critical $104,124 Support Level Amid Market Uncertainty
Despite a recent price recovery pushing Bitcoin towards $106,000, underlying market indicators point to weakening sentiment and potential price pressure ahead. The Advanced Sentiment Index, a key gauge of market mood, has fallen to 46.1%, dipping below the neutral 50%… Read More »Bitcoin Sentiment Weakens Despite Price Rebound, Signaling Potential Downside Pressure
Trump Media & Technology Group has received approval from the U.S. Securities and Exchange Commission (SEC) for a significant $2.3 billion Bitcoin treasury deal. This approval, granted following the company’s Form S-3 registration statement, marks a major milestone in corporate… Read More »Trump Media Secures SEC Approval for $2.3 Billion Bitcoin Treasury Strategy
Prominent trader Peter Brandt has alerted investors that Bitcoin’s current price structure shows striking similarities to the 2021 market peak, signaling potential trend exhaustion. Brandt’s analysis suggests the cryptocurrency may be approaching a critical inflection point after its prolonged rally.… Read More »Veteran Trader Peter Brandt Warns Bitcoin Price Pattern Mirrors 2021 Market Top
Cardano has announced a strategic treasury allocation of $100 million worth of ADA into Bitcoin and its native stablecoins USDM and USDA. The move aims to bolster liquidity within Cardano’s decentralized finance (DeFi) ecosystem and attract greater institutional participation. Charles… Read More »Cardano Diversifies $100 Million Treasury into Bitcoin and Stablecoins to Enhance DeFi Ecosystem
Binance Alpha witnessed a significant cooling in trading activity, with its volume contracting to $987 million on June 14. This marks a substantial decline from the recent peak of $2.04 billion recorded on June 8. The token ZKJ dominated the… Read More »ZKJ Dominates Binance Alpha Trading Amid Six-Day Volume Decline
Bitcoin exchange-traded funds (ETFs) have recorded inflows for five consecutive days, indicating a significant uptick in investor confidence towards digital assets. This sustained inflow period occurs against a backdrop of heightened geopolitical tensions and traditional market volatility. Investors appear to… Read More »Bitcoin ETFs Attract Five Consecutive Days of Inflows Signaling Investor Confidence
Bitcoin continues to face significant resistance near the $108,000 price level, reflecting a market caught in a state of uncertainty. The inability to decisively breach this key threshold underscores the ongoing struggle between bullish and bearish forces. The weekly price… Read More »Bitcoin Consolidates Below $108K Resistance as Market Indecision Persists