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Day: June 20, 2025
Bitcoin Bullish Divergence That Appeared Before The May ATH Has Returned Again
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. Bitcoin is currently hovering in a tightly compressed price range after failing multiple times to break above $110,000 earlier this month. The past few days have been characterized by the leading cryptocurrency trading around $105,000, with…
Reddit Is Weighing World’s Scanning Orbs For User Verification: Report
Social media platform Reddit is reportedly considering using the iris-scanning orbs developed by World — a project by Tools for Humanity, co-founded by OpenAI CEO Sam Altman — for its user verification system. According to a Friday Semafor report citing two people familiar with the matter, the platform is weighing the World ID system as a way for Redditors to verify that they are unique individuals. The report suggested that the verification system could still allow users to remain anonymous if they chose to do so. In response to the…
China Continued Trimming Exposure to US Debt in April
China reduced its position on U.S. debt in April, reaching a 16-year record low in its holdings. The reduction is related to the ongoing tariff war scenario, where tensions between the two countries have escalated due to the enactment of sky-high fees. China Reduced U.S. Debt Exposure in April, Reached 16-Year Record Low Numbers emanating […] Source CryptoX Portal
Top US-Based Crypto Exchange by Trading Volume Coinbase Obtains MiCA License in Luxembourg, Moves European Hub
The largest US-based crypto exchange platform by trading volume is obtaining the proper license to operate in Luxembourg as it establishes a crypto hub in the European Union (EU). In a new blog post, Coinbase announces that it has secured its Markets in Crypto Assets (MiCA) license from the Luxembourg Commission de Surveillance du Secteur Financier (CSSF), enabling it to operate across all 27 EU member states fully. “This milestone enables us to offer a full suite of crypto products and services to 450 million people across all 27 European…
Thai SEC Seeks to Update Rules for Utility Token Issuance
Thailand’s Securities and Exchange Commission (SEC) has opened a period of consultation for feedback on rules that would allow exchanges or individuals connected to an exchange to issue utility tokens, according to a Friday statement. Under the proposed rules, exchanges would have to disclose the names of anyone associated with the token issuers, which would assist the SEC in monitoring for signs of insider trading. The plan is part of Thailand’s efforts to establish a regulatory framework for the crypto industry. The country announced in May plans to allow tourists…
“Do Not Be Fooled!” Kevin O’Leary Issues BIG Warning To Crypto Holders
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Shiba Inu Price Prediction: Exchange Order Books Flash 3.1 Trillion SHIB Demand Signal
Key Notes Shiba Inu price stumbled towards $0.000011 on Friday, June 20, down 19% from the monthly timeframe peak recorded on June 11. Aggregate Exchange order book data shows buy-orders exceeding sell-orders by 3.1 trillion SHIB, signalling an influx of re-entry bids. SHIB Falling Wedge Pattern indicates a potential run towards $0.000017 if the bearish momentum flips. Shiba Inu price found support above $0.000011 on Friday, June 20, having declined 19% from its monthly timeframe peak. With SHIB price action now compressing inside a falling wedge formation, and buy-orders piling…
Bitcoin Mining App Withdraw (45,000 Sats) #bitcoin #mining #withdraw
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Bitcoin Open Interest Hits $96 Billion, Bullish or Bearish?
Key takeaways: Open interest in Bitcoin futures and options has ballooned to $96 billion, up sharply from 2022 levels. Elevated speculative leverage fuels BTC’s bullish breakouts, but it also raises the risk of cascading liquidations, reminiscent of 2021 volatility. Stablecoin-margined collateral now dominates over crypto-margined positions, helping mitigate volatility shocks amid heightened trading activity. Bitcoin’s derivatives market, which commands $96.2 billion in open interest (OI), is poised to shape price dynamics each time BTC trades near all-time highs. While Bitcoin (BTC) OI is currently down from a $114 billion peak,…