Bitcoin demand hits record low as short-term holders dump

Is fresh interest in Bitcoin fading? A sharp drop in short-term holders and record-low demand momentum suggest that it is. According to data from on-chain analytics firm CryptoQuant, wallets associated with short-term Bitcoin holders have seen a sharp decline since late May. As of June 19, this group of investors now controls only around 4.5 million BTC, down from 5.3 million on May 27.ย  The numbers mark a decline of 800,000 BTC, or roughly 15.1%, in less than a month. Short-term holders (STH) are typically investors who bought Bitcoin within…

Blockdaemon Launches Institutional DeFi Staking Service

Institutional blockchain infrastructure provider Blockdaemon announced the launch of its decentralized finance (DeFi) and staking service, Earn Stack. The new service is designed for institutions to offer DeFi and staking opportunities through more than 50 protocols, with access to numerous DeFi pools and bridges, the company announced on Thursday. Blockdaemon claims its new product enables โ€œsecure, non-custodial staking and streamlined access to DeFi,โ€ in accordance with recent guidelines issued by the US Securities and Exchange Commission. The company said its institutional focus is backed by its claim to ISO 27001…

Putin and XI to Kickstart Global South BRICS Investment Platform

Vladimir Putin and Xi Jinping are discussing launching a platform that will offer investment initiatives under a BRICS-Global South inclusive banner, which will be detailed next month. Putin and Xi: BRICS to Unveil Global South Inclusive Investment Platform Vladimir Putin and Xi Jinping, leaders of two of the worldโ€™s largest countries, are developing a platform [โ€ฆ] Source CryptoX Portal

Analyst Warns Of Bitcoin Breakdownโ€”’If This Continues, It Snaps’

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. Bearish sentiment on X continues to grow, fueling a rising number of crash forecasts. Among them is Dom (@traderview2), a widely followed crypto market analyst, who issued a stark warning on Wednesday: Bitcoin is approaching a…

TikTok Denies Trump Coin Buys To Congressman Brad Sherman

Chinese social media platform TikTok denied allegations that it has made purchases of US President Donald Trumpโ€™s official memecoin. The official TikTok Policy account took to X on Thursday to deny claims that its owners are buying the Official Trump (TRUMP) memecoin, responding to accusations by California Democratic Party Representative Brad Sherman. Sherman had claimed that the โ€œChinese owners of TikTok have announced they are buying โ€˜Trump Coinsโ€™ for $300 million.โ€ Source: TikTok Policy โ€œCongressman, claiming that the owners of TikTok are buying โ€˜Trump Coinsโ€™ is patently false and irresponsible…

June Will Be BIG For Bitcoin!! Here’s WHY!!

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io June is off to a slow start as far as crypto markets go, but it looks like the second half of this month could be big, particularly for BTC. Today Dan explains why, and reveals how high he thinks Bitcoin could go as a result. Enjoy! ๐Ÿฅ‡ Binance 20% Trading Fee Discount For Life + $600 Bonus*!๐Ÿ‘‰ ๐Ÿฅˆ Bybit $60k Rewards ๐Ÿ‘‰ ๐Ÿฅ‰ OKX $60k bonus + 40% fee discount for life ๐Ÿ‘‰ ๐Ÿ›’ Get The Hottest Crypto Deals ๐Ÿ‘‰ โ™ฃ๏ธ Join…

Bitcoin critic Peter Schiff touts Silverโ€™s potential as BTC slides

Longtime Bitcoin critic and goldbug Peter Schiff is back with another jab at the worldโ€™s largest cryptocurrency, and this time, heโ€™s pitching the other precious metal as a superior alternative. According to Schiff in a June 20 X post, silver currently offers far more realistic upside than Bitcoin (BTC), with significantly less downside risk.ย โ€œIf anyone is looking for an alternative to gold, it makes no sense to buy Bitcoin when you can buy silver,โ€ he wrote.ย  Schiff has long positioned himself as a gold advocate and has repeatedly dismissed Bitcoin…

Bitcoin Price Targets $94K or $110K โ€” Bulls vs. Bears Showdown

Key Notes Bitcoin bulls and bears engage in a tight fight, with 50.2% anticipating a drop to $94,000, while 49.8% predict a rise to $114,000. Broader market sentiment has weakened, with the Crypto Fear & Greed Index dropping to the โ€œNeutralโ€ (54/100) zone. Retail sentiment for Bitcoin has hit its lowest since April’s tariff-related market jitters, with bearish social sentiment gaining traction. With the FOMC meeting outcome on the expected lines with Fed Chair Jerome Powell announcing no rate cuts, Bitcoin BTC $105 478 24h volatility: 0.7% Market cap: $2.10…