Day: June 2, 2025

bitcoin bracing for fed meeting…big move loading

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, I analyze the current Bitcoin market dynamics, focusing on the upcoming Fed decision and potential market movements. I discuss the technical throwback off resistance and the importance of consolidation, highlighting key support levels between $79,000 and $92,000. I explore the potential impact of Jerome Powell’s speech and trade deal announcements, emphasizing that the current market environment is different from previous cycles. My technical analysis shows Bitcoin might test moving averages, and I stress that these consolidation periods are normal…

XRP price risks a 20% crash to $1.70 — Here is why

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Key takeaways: XRP forms an inverted V-shaped correction pattern on the daily chart, risking a 20% drop to $1.70. A bearish divergence from the weekly RSI points to increasing downward momentum. Declining daily active addresses and new addresses signal reduced transaction activity and less demand for XRP. XRP price traded 18% below its May peak of $2.65, and a convergence of several data points signals a possible drop toward $1.70. XRP’s inverted V-shaped pattern hints at a 20% price drop XRP (XRP) price action between April 7 and June 2…

Metaplanet Tops Block Inc With 1,088 BTC and 225% Yield

Key Notes Metaplanet has recorded an impressive 225% year-to-date BTC yield, including a 66.3% yield in Q2 2025 alone. The firm’s strategic Bitcoin acquisitions and organic mNAV adjustment to 4.75 have led to a 155% gain in its stock price in a month. With 90% of its 2025 target of 10,000 BTC achieved, Metaplanet remains committed to its all-in Bitcoin strategy. Metaplanet recently announced the purchase of an additional 1088 Bitcoin BTC $104 990 24h volatility: 0.7% Market cap: $2.09 T Vol. 24h: $20.60 B , taking the company’s total…

BITCOIN: Everyone is WRONG (Don’t Be Fooled)!! Bitcoin News Today, Ethereum, Solana, XRP & Chainlink

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Crypto ETPs keep $10.9 billion inflows in the past 7 weeks

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Cryptocurrency investment products maintained their multi-week inflow streak last week despite significant selling pressure stemming from Bitcoin’s drop to $103,000. Global crypto exchange-traded products (ETPs) recorded $286 million of inflows in the week ending May 30, bringing a seven-week run of inflows to $10.9 billion, CoinShares reported on June 2. Despite the inflows, total assets under management (AUM) declined from the all-time high of $187 billion to $177 billion by the weekend amid market volatility triggered by uncertainty over US tariffs, CoinShares’ head of research James Butterfill noted. The new…

Singapore imposes June 30 deadline for crypto firms offering overseas services

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Singapore’s central bank has set a deadline of June 30 for local crypto service providers to stop offering digital token (DT) services to overseas markets. The directive came from the Monetary Authority of Singapore’s (MAS) response to industry feedback on its proposed regulatory framework for Digital Token Service Providers (DSTPs) under its Financial Services and Markets Act of 2022 (FSM Act).  MAS stated that no transitional arrangements will be made for local DTSPs providing services abroad. It said that any Singapore-incorporated company, individual or partnership that provides DT services outside…

BitoPro Hid $11.5M Hack for 25 Days, Blamed Maintenance

Key Notes BitoPro is likely the latest victim of a crypto hack. The exchange didn’t reveal the suspicious movements to its community. Some members are still complaining of “stuck funds”. BitoPro, a Taiwanese cryptocurrency exchange launched in 2018, is likely to have lost millions of dollars to a hack in early May, but hasn’t shared any official statements yet. According to the on-chain investigator ZackXBT, BitPro was likely hacked for $11.5 million on May 8. Do you want to explain to the community why multiple of your hot wallets saw…

Bitopro exchange hit by $11.5M outflows in potential exploit

boss

Taiwan-based cryptocurrency exchange BitoPro confirmed a security breach that led to the loss of more than $11.5 million in digital assets from its hot wallets on May 8. The suspicious transactions, which occurred across hot wallets on Ethereum, Tron, Solana and Polygon, saw asset outflows to decentralized exchanges (DEXs) where they were later marked as sold, according to onchain investigator ZachXBT. Despite the incident, BitoPro did not disclose the exploit on X or Telegram for several weeks, ZachXBT said in a June 2 post on X. BitoPro suspicious transactions, notice.…

Bitcoin may retest $100,000, traders warn

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Bitcoin (BTC) starts June with BTC price action in a dangerous place. Can buyers preserve key bull market support levels? Bitcoin traders are gearing up for fresh volatility as the highest-ever monthly close contrasts with increasing bets of a $100,000 retest. Labor market weakness and Fed policy are back under the microscope as inflation diverges from interest rates. The latest price volatility has led investors across the hodler spectrum to rethink their BTC exposure. Retail is only just waking up, but Bitcoin whales are already exhibiting classic trend reversal behavior.…