Bitcoin’s price action is approaching critical levels that could trigger significant market liquidations, according to data from Coinglass. A decisive move above the $108,000 mark has the potential to trigger a short liquidation event. Analysts estimate the strength of such… Read More »Bitcoin Nears Key Liquidation Zones, Potential for $359M Short Squeeze or $310M Long Squeeze
Cathie Wood, CEO of ARK Investment Management, has projected that Bitcoin’s price could reach $1.5 million by 2030. Wood attributes this potential surge primarily to increasing institutional adoption and Bitcoin’s inherent scarcity. Institutional investors are reportedly viewing Bitcoin as a… Read More »ARK’s Cathie Wood Forecasts $1.5 Million Bitcoin Price by 2030 Amid Institutional Surge
Bitcoin is encountering significant selling pressure from long-term holders (LTHs), driving the cryptocurrency toward crucial support levels at $103,700 and $95,600. These thresholds represent the cost basis for most holders and serve as vital indicators for maintaining Bitcoin’s broader uptrend.… Read More »Bitcoin Faces Long-Term Holder Selling Pressure Amid Critical Support Tests
Worldcoin has officially launched its biometric identity verification project in London, utilizing its proprietary Orb technology. The initiative marks a significant expansion within the UK, with plans to extend operations to Manchester and Glasgow. Co-founded by OpenAI CEO Sam Altman,… Read More »Worldcoin Launches Biometric Identity Verification in London, Expands Across UK
Bitcoin confronts potential price turbulence as US-China trade negotiations and imminent US inflation reports fuel uncertainty across cryptocurrency markets. Market participants are closely tracking upcoming releases of the Consumer Price Index (CPI) and Producer Price Index (PPI), with outcomes likely… Read More »Bitcoin Faces Volatility Amid US-China Trade Talks and Inflation Data
Cryptocurrency exchange Bybit has removed the 1000MUMUUSDT perpetual contract from its trading platform. Readers are encouraged to follow Bybit’s official Twitter and Telegram channels for the latest updates on cryptocurrency market developments and exchange announcements.
U.S. lawmakers have introduced an amendment to the CLARITY Act aimed at refining digital asset regulation, potentially reshaping oversight for Ethereum and other cryptocurrencies. The legislative move seeks to clarify jurisdictional boundaries between the Commodity Futures Trading Commission (CFTC) and… Read More »U.S. Lawmakers Propose CLARITY Act Amendment to Resolve Crypto Regulatory Jurisdiction
Major cryptocurrencies Ethereum, Ripple, and Cardano have demonstrated sustained price growth this week, maintaining critical support levels amid positive market sentiment. The upward movement signals potential for continued expansion across altcoin markets. Ethereum (ETH) consolidated above the crucial $2,400 support… Read More »Ethereum, Ripple, Cardano Show Steady Gains Amid Market Optimism
Argentina’s Anti-Corruption Office has cleared President Javier Milei of ethics violations related to his endorsement of the Solana-based LIBRA cryptocurrency. Investigators determined Milei’s promotion of the digital asset constituted a personal action rather than official government conduct, eliminating grounds for… Read More »Argentine President Milei Cleared of Ethics Violations in LIBRA Crypto Endorsement, Criminal Probe Ongoing
Solana has emerged as the dominant blockchain in user engagement with 34.69 million active addresses, according to the latest on-chain metrics from blockchain analytics platform Nansen. This positions Solana significantly ahead of Ethereum, which registered 11.35 million active addresses, maintaining… Read More »Solana Leads Major Blockchains in Active Addresses, Outpaces Ethereum and Tron: Nansen Data
Internet Computer’s ICP token has rallied 8% to $5.66, propelled by the launch of the AI-powered Caffeine platform and significant whale accumulation. The upward movement signals potential for continued gains amid broader market weakness. The Caffeine platform enables blockchain application… Read More »ICP Token Surges on Caffeine Platform Launch and Whale Accumulation
Berachain, a once-prominent blockchain platform, is confronting a severe liquidity crisis after recording $1.2 billion in net outflows – the highest net capital exit among chains over a recent three-month monitoring period. Data shows $1.69 billion in total inflows were… Read More »Berachain Faces Crisis as $1.2B Outflows Tank TVL 70% Amid Community Doubts
Alex Protocol has initiated a Treasury Grant Program to reimburse users affected by an $8 million exploit that targeted multiple liquidity pools on June 6. The compensation plan offers reimbursements through a combination of original tokens and USDC stablecoin. Under… Read More »Alex Protocol Launches Treasury Grant Program to Compensate $8M Exploit Victims
Cryptocurrency exchange Gate is launching the ‘RedBull Racing Circuit’, an event combining Formula 1 racing themes with Web3 trading competition. The initiative features competitive trading races and mission-based challenges for participants. A notable prize pool of 5,000 GT tokens is… Read More »Gate Launches ‘RedBull Racing Circuit’ Merging Formula 1 with Web3 Trading
Speculation is mounting around Pump.fun, a Solana-based meme coin launchpad, regarding unconfirmed plans for a potential $1 billion token sale. The rumors have generated significant market interest despite lacking official confirmation. Analysts suggest such a sale could trigger heightened volatility… Read More »Pump.fun Rumored $1B Token Sale Sparks Solana Meme Coin Market Speculation
TRON’s native token TRX has demonstrated a significant uptick in user engagement and spot market activity, signaling renewed investor interest. Daily active addresses surged 64% to 4.6 million, while transaction volume reached 11 million, reflecting heightened on-chain utilization. Spot trading… Read More »TRX User Activity Surges Amid Mixed DeFi Signals, Highlighting Nuanced Market Sentiment
Binance has announced its support for the upcoming Stratis network upgrade and hard fork, which will introduce masternode staking to the mainnet. The upgrade aims to enhance network resilience and security while incentivizing greater community participation among STRAX token holders.… Read More »Binance to Support Stratis Network Upgrade Introducing Masternode Staking
Bitcoin has reclaimed the critical $105,000 price threshold, demonstrating underlying market resilience despite persistent structural fragility. The rebound reflects robust institutional accumulation strategies that continue to underpin price stability. Current market sentiment remains cautious, with the Fear and Greed Index… Read More »Bitcoin Reclaims $105,000 Support Amid Institutional Demand, Macro Risks Loom
The anticipated altcoin season, characterized by explosive growth in cryptocurrencies beyond Bitcoin, has failed to materialize in the current market cycle. This absence starkly contrasts with the significant altcoin rallies witnessed in 2017 and 2021. Analysts point to tightened global… Read More »Altcoin Season Remains Elusive as Bitcoin Dominance Persists
Ripple has unveiled a $200,000 grant initiative in Japan to accelerate Web3 innovation on the XRP Ledger. The program targets startups developing decentralized finance solutions, tokenized assets, and digital payment systems, providing selected projects with up to $200,000 in funding… Read More »Ripple Launches $200,000 Grant Program in Japan to Boost XRP Ledger Web3 Startups