Day: June 2, 2025

Cardano Founder Issues $500,000 Bitcoin Price Forecast

Key Notes The Cardano founder attended the Bitcoin 2025 conference and spoke about the prospects of Bitcoin. He acknowledged that Bitcoin’s small-scale mining and forums have transitioned into a global movement. Charles Hoskinson also reaffirmed his commitment to Bitcoin DeFi beyond just price speculations. Charles Hoskinson, the founder of Cardano ADA $0.67 24h volatility: 0.9% Market cap: $24.08 B Vol. 24h: $510.63 M , started the new month with great optimism about the flagship cryptocurrency Bitcoin BTC $104 329 24h volatility: 0.3% Market cap: $2.07 T Vol. 24h: $21.11 B…

James Wynn offloads $4.12M HYPE and takes another $100M 40x-leveraged long bet on Bitcoin

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Despite almost $100M loss last week, James Wynn is back in the game, having recently sold $4.12M worth of HYPE for over $1M profit and then opened a new 945 BTC long position with 40x leverage. According to Lookonchain, James Wynn recently unstaked 126,116 Hyperliquid (HYPE) — worth around $4.12M —and sold all of them at $32.7. Wynn originally bought these HYPE tokens on May 9 and May 12 at an average price of $24.4, which marks his profit at around $1.05M. However, this pales in comparison to the $99…

Shiba Inu Crash To Calm – Is SHIB Forming A Base Below?

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Shiba Inu (SHIB) recently endured a sharp sell-off, plummeting from $0.00001500 to $0.00001250 between May 29-30, evident in the volume spike during the drop. However, the subsequent slower recovery and declining volume suggest the meme coin may now be entering a consolidation phase, quietly forming a potential base below recent highs. A Breakdown Of The May 29-30 Drop According to a recent update by Crypto Man MAB on X, SHIB continues to show signs of weakness in the short and long term. The meme coin is currently trading at $0.00001266,…

How Will Bitcoin Price Perform in June? Key Factors to Watch

Key Notes Technical analysis highlights a head-and-shoulders pattern for Bitcoin price, with $103,300 being a critical support level. Bitcoin’s trajectory remains tied to macro events like the Trump tariff war and global M2 money supply trends. Despite market uncertainties, institutional interest continues, with Metaplanet acquiring 1,088 BTC. After reaching fresh all-time highs in May, Bitcoin BTC $104 381 24h volatility: 0.4% Market cap: $2.07 T Vol. 24h: $20.91 B is preparing for increased volatility in June. Following the trends of Global Money M2, investors may be bracing for a turbulent…

UNI Holds $6 as Tariff Shock and Rate Delays Cloud Outlook

The cryptocurrency market continues to feel the effects of global economic tensions, with investor sentiment swaying under the weight of rising geopolitical risks and trade uncertainty. Uniswap’s UNI token saw a sharp intraday swing between $6.045 and $6.385 before stabilizing above $6.11, signaling cautious buyer support, according to CryptoX Research’s technical analysis data model. Продовження Нижче Although UNI briefly rebounded after early losses, analysts warn that macroeconomic headwinds — including tariff escalations and delayed monetary easing — may cap near-term gains even as key technical levels hold for now. Technical…

CZ proposes dark pool DEXs to curb manipulation

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Binance co-founder Changpeng “CZ” Zhao has proposed creating a dark pool perpetual swap decentralized exchange (DEX) to prevent market manipulation. In a June 1 X post, Zhao said that he has “always been puzzled with the fact that everyone can see your orders in real-time on a DEX.” “The problem is worse on a perp DEX where there are liquidations,” he said. Zhao added that “if you’re looking to purchase $1 billion worth of a coin, you generally wouldn’t want others to notice your order until it’s completed.” This is…