Sui DEX Cetus Restarts from $220 Million Exploit, Hits Top Ten DEX in Hours

Key Notes The Cetus protocol utilized $7 million in cash reserves, a $30 million USDC loan, and partial recovered funds to replenish liquidity pools. To compensate affected users, Cetus has allocated 15% of its native token, CETUS, with 5% immediately available and 10% released monthly over a year. Despite recent challenges, Cetus has returned to the top-ten DEX by trading volume. Sui Protocol’s native decentralized exchange (DEX) Cetus has successfully relaunched once again following a massive $220 million exploit last month. In a major announcement, the DEX also announced that…

XRP Bull Trap? Analyst Sees $2.40 Fakeout Before Painful Crash

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Pseudonymous analyst CryptoInsightUK has warned that the next major move for XRP could be a trap. In a video published on June 8, the analyst outlined a scenario where XRP surges toward $2.30–$2.40 in the short…

Blockchain Group to Raise $340M for Bitcoin Treasury

Paris-based cryptocurrency company The Blockchain Group plans to raise over $340 million for its Bitcoin treasury, signaling continued institutional adoption of crypto in Europe. The Blockchain Group, which claims to be Europe’s first Bitcoin (BTC) treasury company, plans to raise 300 million euros ($342 million) to fund more BTC purchases, according to a Monday news release. The $340 million round’s structure is inspired by the US practice of “At the Market” (ATM) offerings. Shares will be sold at market conditions initiated by the company’s counterparty, subject to a pre-agreed volume.…

🛑 Biggest Crash On Way? Latest Crypto & BTC News Updates Today 📊

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🛑 Biggest Crash On Way? Latest Crypto & BTC News Updates Today 📊 🚨 The crypto market is facing another crash, and investors are asking, “Why is the market crashing?” In today’s update, we dive deep into the Bitcoin crash and explore why the entire crypto market is going down. From Binance updates to market forecasts, we cover everything you need to know to stay informed. __________________________________________ Follow the AL MAKKAH TECH & BUSINESS HUB channel on WhatsApp: __________________________________________ 📉 Key Topics…

ETH Outperformed BTC: But Is Ethereum Price Crash Coming?

Key Notes Binance, Coinbase, Bitfinex, OKX, and Gemini are seeing ETH inflows over the past 24 hours. ETH ETFs saw 15 trading days of consecutive inflows. Ethereum long liquidations started to rise again. Ethereum ETH $2 491 24h volatility: 0.9% Market cap: $300.80 B Vol. 24h: $11.82 B  has recorded an impressive 55% rally over the past 60 days with consistent inflows into its US-based spot exchange-traded funds. The leading altcoin outperformed Bitcoin’s BTC $105 609 24h volatility: 0.1% Market cap: $2.10 T Vol. 24h: $19.27 B 28% price hike…

Bitcoin Price Support at $100,000 Becomes the Key Level to Defend

Bitcoin (BTC) heads into another heavy macro week with bulls hoping that the $100,000 support retest is done. BTC price action offered some hope at the weekly close, with predictions of a return to all-time highs intact. Liquidity grabs remain a focus, and could compound a deeper correction if $100,000 fails. CPI and PPI are due this week, and attention is on the Fed in the week before the June FOMC meeting. Bitcoin short-term holders have a key level at $106,200, potentially cementing short-term resistance at that level. The public…

Bitcoin’s value will multiply 15x in the next five years

Founder and CEO of ARK Investment Management, Cathie Wood believes Bitcoin’s value will reach at least $1.5 million by the time 2030 rolls around, growing by 15x from its current price. In a recent interview on the YouTube channel The Diary of a CEO, Wood breaks down the main reasons why she believes BTC (BTC)’s value is bound to skyrocket to at least $1.5 million within the next few years. The ARK Investment CEO mentioned several core pillars which make up the “building blocks” of BTC’s growth in the market.…

Ethereum’s volatility narrows as institutions stack up ETH

Ethereum’s price is consolidating near $2,500 as institutions quietly ramp up their exposure to ETH. As of press time, Ethereum (ETH) is trading at $2,492, down 0.9% over the last day. The price is close to the lower end of its recent 7-day range between $2,419 and $2,666 and. Market activity appears to be picking up steam despite the slight decline. Ethereum’s 24-hour trading volume has increased by more than 25% to $11.42 billion, indicating a resurgence of investor interest. In line with this, Coinglass data shows that derivatives volume…

AVL Token’s 21% Surge: What’s Going On?

Following a recent major token burn event, Avalon Labs’ native token, AVL, has recorded an impressive 21% price surge, now trading at around $0.2085. The rally is notable as the broader crypto market recorded slow movement on June 9. As per a recent X post, Avalon Labs permanently removed 80 million AVL tokens from circulation, representing 44% of the token’s circulating supply. Avalon Labs has officially burned 80M $AVL, representing 44% of the circulating supply. These unclaimed airdrop tokens, worth approximately $16 million, have now been permanently removed from circulation.…

Bitcoin Price Risks Crash To $31,000 Amid 5-Wave Impulse Completion

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Over the last few weeks, the Bitcoin price has been on an upward trajectory, propelled forward mainly by institutional adoption and buying. This has seen the Bitcoin price rally to new all-time highs at $111,900, and…