Day: June 12, 2025

SPX6900 Surges 50% — Is BONK Meme Coin Losing Steam?

Key Notes SPX6900 (SPX) has climbed more than 50% over the past week and gained 10% in the last 24 hours. SPX overtook BONK to become the fifth-largest meme coin by market capitalization. Whale accumulation and falling exchange reserves suggest a supply squeeze as SPX closes in on ATH. SPX6900 SPX $1.66 24h volatility: 2.3% Market cap: $1.53 B Vol. 24h: $127.46 M , a meme coin mockingly modeled after the S&P 500 index, has gained over 50% this week and 10% in the last 24 hours, establishing the fact…

Tether Takes Minority Stake in Gold-Focused Investment Company Elemental Altus

Stablecoin issuer Tether’s investment arm has taken a minority stake in Elemental Altus (ELE), a publicly-listed precious metals investment company. Tether Investments is aiming to diversify the assets that back its stablecoin USDT, the world’s largest such token with a market capitalization of $155 billion, expanding into tangible assets and precious metals, according to an announcement on Tuesday. Tether acquired 78,421,780 common shares in Elemental from La Mancha Investments, a Luxembourg-based mining investment firm. Elemental’s Toronto-listed shares spiked nearly 23% to 1.77 Canadian dollars ($1.30) following the announcement. They closed…

Ethereum Tests Previous Resistance As Support – Can Bulls Defend This Level?

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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. Ethereum finally pushed above the long-watched $2,800 mark, signaling renewed strength and triggering a wave of optimism across the market. However, the breakout was met with heavy volatility, as the price quickly pulled back into the…

Bitcoin’s All-Time High Is Just Step 1! [Step 2 Will Break Crypto!]

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io While everyone prays for a $150K Bitcoin top at most, the real move is only just beginning. In this video, Ran breaks down why the market is underestimating Bitcoin’s next phase, why the so-called “top” might just be the starting line! And lastly, when will altcoins follow? ___________________________________________ 𝗙𝗘𝗔𝗧𝗨𝗥𝗘𝗗 𝗢𝗡 𝗦𝗛𝗢𝗪 ⬇️ 🚀 𝗙𝗥𝗢𝗡𝗧 𝗥𝗨𝗡𝗡𝗘𝗥𝗦 – 𝗦𝗶𝗴𝗻 𝗨𝗽 𝗧𝗼𝗱𝗮𝘆 & 𝗚𝗲𝘁 𝗬𝗼𝘂𝗿 𝗠𝗼𝗻𝗲𝘆 𝗕𝗮𝗰𝗸 𝗔𝗳𝘁𝗲𝗿 𝟯𝟬 𝗗𝗮𝘆𝘀! This market moves fast, don’t face it alone! Join a community that’s crushing it! Try…

Bitcoin Sentiment Explodes While Bitcoin Hyper Soars as the Best Presale

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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. There’s much ado about Bitcoin these days. After notching a new all-time of $111.9K on May 22, 2025, $BTC has been trading back and forth below that mark, never falling below $100K. But usually holding sideways…

Bitcoin Drops as Mideast Tensions Rise, but $200K Still In Play

By Francisco Rodrigues (All times ET unless indicated otherwise) A weaker dollar, subdued inflation and heightened tensions in the Middle East are reshaping the crypto market’s trajectory, giving bitcoin (BTC) room to run in the future, while pushing it down in the near term. While the largest cryptocurrency is lower today, analysts say a price of $200,000 is in play by year-end. One influence is the U.S. interest rate. Consumer prices rose less than forecast last month, increasing the chance of a Federal Reserve rate cut, which would bolster risk…

Mercurity Fintech’s $800M Bitcoin treasury financing plan

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Mercurity Fintech Holding, a Nasdaq-listed digital fintech group building blockchain-based payment infrastructure, plans to raise $800 million to establish a Bitcoin treasury reserve as more companies adopt the cryptocurrency for strategic purposes. Mercurity plans to raise $800 million to establish a “long-term” Bitcoin (BTC) treasury reserve, which will be integrated in its digital reserve framework through blockchain-native custody, staking integrations and tokenized treasury management services, the company said in a Wednesday announcement. Mercurity said it will transition a portion of its treasury into a “yield-generating, blockchain-aligned reserve structure that reinforces…

Here’s why Ether price could hit $4,000 in June.

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Key takeaways: Ether’s price has rallied 108% to $2,880 since April 9.  ETH futures open interest hit all-time highs of $20 billion, signaling bullish sentiment. Ether’s bullish cup-and-handle pattern targets $4,200. Ether (ETH) price gained 108% between April 9 and June 11, reaching $2,880 for the first time since Feb. 8. This significantly outperformed the broader cryptocurrency market, which rose by 49% during the same period. Moreover, Ether futures open interest rose to its highest level on June 12, leading traders to speculate whether ETH price could also rally to…

Solana Drops 5% as Nasdaq Firm Pulls $1B Ahead of ETF Push

Key Notes Solana drops 3.84% as DeFi Development Corp withdraws $1B SEC filing.SOL may climb to $164 if the ongoing ascending triangle breakout holds.Bloomberg sees a 90% chance of Solana ETF approval by 2025. Solana SOL $158.6 24h volatility: 3.7% Market cap: $83.38 B Vol. 24h: $4.87 B is trading around $159.5, down 3.84% over the past 24 hours. The dip coincides with DeFi Development Corp’s withdrawal of its $1 billion fundraising plan for Solana purchase. Notably, the U.S. Securities and Exchange Commission (SEC) recently flagged DeFi Development Corp’s Form…