Author: boss

Ethereum Exchange Inflows Climb To 4-Month High – What This Means For Price

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Over the past week, the Ethereum price declined significantly, following Bitcoin’s downturn towards $59,000. As the second-largest cryptocurrency’s price dropped to $1,505, data from a recent on-chain analysis reveal an underlying shift in activity across exchanges. Ethereum Exchange Inflows Surge To 2.24 Million In A Day In a Quicktake post on June 6, the on-chain analytics group Arab Chain cited data from the “Ethereum: Exchange Inflow (Total) – All Exchanges” metric, noting that inflows across all platforms recently reached 2.24 million in a single day. According to Arab Chain, this…

NY Court Pauses Default Judgment After Lawyer Argues 39,069 Bitcoin Wallets Were Not Abandoned

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Key Takeaways On June 6, 47.26 BTC dormant since 2011 moved onchain from defendant address No. 37923 in the Noah Doe case. NY attorney Ian R. Cohen filed an amicus brief on May 29, prompting a June 5 court stay in Index No. 153119/2026. The case targets 39,069 wallets worth ~$293B; a hearing will now decide if the lost-property theory holds up. 2011-Era Coins Are Moving The legal battle is unfolding alongside a wave of onchain activity from some of bitcoin’s oldest addresses. On June 6, 2026, Galaxy Research flagged…

Analyst Predicts When The Bitcoin Price Will Reach $100,000 In 2026

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A crypto analyst has shared a detailed forecast outlining when Bitcoin could regain bullish momentum and climb back toward $100,000. The expert mapped out the asset’s expected monthly price targets throughout 2026, highlighting periods of sharp sell-offs and a potential recovery phase. While some months point to extreme price declines and market uncertainty, the forecast suggests Bitcoin may gradually rebuild strength and enter a fresh uptrend that could push it back toward six-figure territory. Related Reading Bitcoin Price Forecast From June To September 2026 In an X post published on…

Bhutan Offloads 738 Bitcoin Worth $44.88M as Sovereign Drawdown Meets a $60K BTC

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Key Takeaways Bhutan’s government moved another 738 BTC worth about $44.88 million on June 6, onchain trackers noted. The transfer extends a 2026 drawdown that has cut state BTC holdings well below their 2024 peak. Analysts tie the sales to funding for the Gelephu Mindfulness City megaproject. A Repeated Pattern of State Transfers Government-linked wallets have moved bitcoin repeatedly through 2026, with all of the activity managed through Druk Holding and Investments (DHI), the commercial and investment arm of the Bhutanese state, which oversees the country’s bitcoin position. Bhutan stands…

Bitcoin Testing A Critical Support After Sharp Market-Wide Selloff

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Bitcoin is facing a pivotal moment after a sharp market-wide selloff dragged prices toward a major support level. As bearish momentum begins to slow and signs of buyer interest emerge, the coming days could reveal whether this zone becomes the foundation for a rebound or the gateway to a deeper correction.  Bitcoin Loses Previous Monthly Low As June Begins Analyzing Bitcoin’s outlook for June, Lennaert Snyder observed that BTC started the month by breaking below the previous month’s low, a development that has weakened the near-term technical picture. In his…

Michael Saylor Sees 4 Bitcoin Ideologies Testing BTC’s Future

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Key Takeaways Four Bitcoin camps offer competing answers to how BTC should evolve. Institutional adoption raises questions about governance, integration, and monetary integrity. Bitcoin’s future could hinge on balancing technological progress with long-standing principles. 4 Bitcoin Camps Put BTC’s Future Path Under New Scrutiny Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor published a paper on X on June 5 that frames Bitcoin’s next phase around four competing ideologies: Bitcoin Maximalists, Bitcoin Capitalists, Bitcoin Technologists, and Bitcoin Fundamentalists. The framework links BTC’s expanding role to deeper debates over adoption, technical change,…

Why Bitcoin miners are becoming AI data centers

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While Bitcoin fell roughly 17% through the first months of 2026, a basket of Bitcoin mining stocks rose more than 50%, with the best performers up over 70%. Summary Public Bitcoin miners have secured more than $70 billion in AI and high-performance computing contracts as the sector shifts away from dependence on mining revenue. Mining stocks have outperformed Bitcoin in 2026, with a basket of listed miners gaining over 50% while BTC has fallen about 17%. Miners have sold more than 15,000 BTC from corporate treasuries and taken on billions…

Ethereum Golden Triangle Survives As Structure Remains Unbroken, This Target Says $10,000 Is Coming

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Technical analysis of the 3-week chart outlook shows ETH pressing into the apex of a golden triangle formation that has survived the Covid crash, the 2022 bear market, and the ongoing 2026 correction. According to the analyst who first identified it, what happens next at the apex of that structure may define Ethereum’s trajectory for the next several years. Ethereum’s Nine-Year Structure Ethereum’s 3-week candlestick chart highlights a long ascending support line beginning near the early market cycle lows and stretching through the 2020 Covid crash, the 2022 bear market,…

Bitcoin Risks $55K Slide as Analyst Doubles Down on $100K Target

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Key Takeaways A crypto strategist said bitcoin could revisit $55,000 if the $60,000 support level breaks. The $55,000 level aligns with bitcoin’s realized price and has held during major downturns. Despite recent pressure, the strategist maintained a $100,000 year-end target for bitcoin. Why Bitcoin’s Key Support Zone Could Define the Next Market Move Bitcoin could revisit $55,000 as investors watch whether the key $60,000 support level holds, Matt Mena, senior crypto research strategist at 21Shares, said on June 5. 21Shares is one of the world’s leading issuers of crypto exchange-traded…

What 13 days of Bitcoin ETF outflows really means

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It is the longest losing streak the spot Bitcoin ETFs have ever recorded. Summary U.S. spot Bitcoin ETFs recorded a record 13 consecutive trading days of net outflows, with roughly $4.37 billion leaving the funds between May 15 and June 3. BlackRock’s IBIT accounted for about $3.3 billion of the withdrawals as total spot Bitcoin ETF assets fell from $104.29 billion to $82.83 billion. The streak highlighted the growing influence of ETF flows on Bitcoin price action, though cumulative net inflows since launch still exceed $55 billion. Between May 15…