Author: boss

CoinShares Bull Case Sees Ethereum Hitting $14,135 By 2031

boss

CoinShares has laid out a five-year valuation framework for Ethereum that puts ETH at $14,135 by 2031 in its bull case, arguing that the asset’s long-term value now depends less on base-layer fees and more on its role as money, collateral and settlement infrastructure across the Ethereum economy. How High And Low Could Ethereum Go By 2031? The report, written by Luke Nolan, CoinShares’ senior research associate for Ethereum, frames ETH through a sum-of-parts model combining a cash-flow valuation, a monetary premium valuation and an additional network/speculative overlay. The headline…

The End Of An Era? Shiba Inu Burns Slow To A Crawl As Investors Lose Interest

boss

The Shiba Inu burn initiative has existed for a number of years now, a move that was created to help reduce the massive supply of the meme coin. Initially, this initiative drew a lot of attention, with investors burning thousands of dollars worth of SHIB daily and removing billions in SHIB from the circulating supply. However, as the market has moved into another bear market, Shiba Inu has suffered, and the burn initiative has slowed to almost a stop. Shiba Inu Burns Drop To Only Hundreds Of Dollars As shown…

El Salvador Buys the Dip as Bitcoin Slides Under $66,000, Reserve Nears 7,600 BTC

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Key Takeaways El Salvador’s bitcoin reserve sits near 7,600 BTC, valued above $510 million as of June 3. The country kept adding coins through a roughly one-BTC-a-day policy even as prices have continued to collapse. A $1.4 billion IMF deal made accepting bitcoin optional, yet President Nayib Bukele keeps accumulating. A Familiar Playbook on a Red Day As bitcoin dropped under $66,000 this week, El Salvador leaned into the slide rather than away from it with President Nayib Bukele treating market weakness as an invitation to add to the national…

Bitcoin price risks slide to $60K as Iran retaliates against U.S. strikes

boss

Bitcoin price is testing the key $65,000 support zone after Iran’s retaliatory strikes against the U.S. spooked investors, with charts suggesting a deeper slide toward $60,000 if bears remain in control. Summary Bitcoin price fell 4.5% to an intraday low of $65,700 as Iran’s retaliatory strikes against the U.S. intensified risk-off sentiment across crypto markets. U.S. spot Bitcoin ETFs recorded $519 million in outflows, extending the streak to 12 straight trading days. Bitcoin is nearing completion of a bearish rounding top pattern, with analysts warning that a break below $65,000…

Bitcoin.com Checkout Launches With Zero Merchant Fees and Auto-Settlement to Stablecoins

boss

www.youtube.com/watch?v=EjaF6Kdtvs8 With Bitcoin.com Checkout, payments go directly to the merchant’s wallet address, with no middlemen. The app supports a wide range of cryptocurrencies, including Bitcoin and stablecoins, giving merchants flexibility to accept what their customers actually use. Auto-settlement to stablecoins means a merchant can quote and get paid without worrying about price swings between the sale and the settlement. Privacy-focused options like fUSD and ZANO are also supported, letting merchants accept payment while preserving their privacy—and reflecting growing demand for more discreet, secure transactions in everyday, in-person scenarios. Merchants can…

Bitcoin Will Crash Below $20,000

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Key Takeaways Peter Schiff believes bitcoin will crash below $20,000, an 80%-plus drop from recent highs. The warning landed as bitcoin slid to $65,700, reviving debate over leverage and institutional exposure. Trackers count more than 20 Schiff bitcoin-collapse calls, so the test is whether this one finally lands. A Familiar Bear Returns to the Spotlight Peter Schiff, the economist and gold proponent who has spent more than a decade warning against bitcoin, said that the cryptocurrency will crash below $20,000. The call arrived as bitcoin slid as low as $65,700,…

XRP Breaks Below Triangle—Will Drawdown Extend To $1.14?

boss

A cryptocurrency analyst has highlighted how XRP has recently dropped under a Symmetrical Triangle, potentially setting a target of $1.14. XRP Has Broken Below A Symmetrical Triangle In a new post on X, analyst Ali Martinez has talked about a Symmetrical Triangle that the daily price of XRP was potentially trading inside before the recent drawdown. The “Symmetrical Triangle” here refers to a pattern from technical analysis (TA) that forms whenever an asset trades between two converging trendlines. The main feature of the pattern that separates it from other triangular…

New York and EU Regulators Unite to Oversee Stablecoins

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​The European Banking Authority and the New York State Department of Financial Services (NYDFS) have signed a memorandum of understanding to police cross-border stablecoin activities.  The EBA said on Tuesday that the deal is part of its duties under the Markets in Crypto-Assets (MiCA) Regulation and sets out principles and procedures for exchanging information and coordinating stablecoin supervisory activities, market trends, and risks between New York and the European Union. NYDFS said the deal would “enhance the supervision of entities engaged in stablecoin activities, identify market trends and risks, and…

Bitcoin Falls to $65,710 as Record ETF Outflows and Strategy Sale Rattle Market

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Key Takeaways Bitcoin dropped close to $65,700 on June 3, hitting another intraday low after $66,346. Spot bitcoin ETFs bled an estimated $3.5 billion in their longest outflow streak since 2024. Traders are now watching the $60,000 support level after Strategy disclosed its first BTC sale in nearly four years. A Broad Crypto Rout Gathers Pace Bitcoin is extending one of its sharpest selloffs in months, with the decline pulling the wider market lower, with ether dropping under $1,900 as leveraged traders rushed for the exits. The move capped a…

Bitcoin Drops 7% to Nine-Week Low Amid US-Iran Strikes

boss

Bitcoin prices have dropped 7% on the day, breaking key support to a nine-week low after the US and Iran launched fresh strikes as talks over a possible ceasefire have stalled.  Bitcoin (BTC) fell to $65,385 on Coinbase in early trading on Wednesday, its lowest level since late March, according to TradingView. The slump follows the largest daily fall since Feb. 5 as BTC shed more than $4,500 on Tuesday.  According to CoinGlass data, around 277,000 traders have been liquidated over the past 24 hours, with total liquidations of around…