Category: Other Crypto News

HIVE Bitcoin Holdings Fall as Revenue Hits Record $298M

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Canadian Bitcoin miner HIVE Digital Technologies’ Bitcoin holdings fell by 331 BTC in the latest quarter, even as the miner reported a sharp rise in annual revenue from Bitcoin mining and high-performance computing (HPC). The company reported holdings of 150 Bitcoin (BTC) in its fiscal year update on Monday, down from 481 BTC at the end of Q4 2025, according to company figures and CoinGecko data. The 331 BTC reduction represents about $23 million in value at current prices, with Bitcoin trading roughly 21% lower year-to-date. HIVE did not explicitly…

XRP Analysis Sees ‘Bear Trap’ as Price Faces June Test

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XRP (XRP) dropped to $1.25 on Tuesday after a market-wide sell-off, erasing all the gains made since early February.  Key takeaways: XRP fell to $1.25 after a broader market sell-off, testing a long-term trend line and the 50-month exponential moving average support area. Support weakness has traders looking at $1 and under next, while optimists see a “bear trap” forming. June has historically been a weak month for XRP, with traders increasing bets on a drop below $1.20. XRP price action teases “bear trap” Data from TradingView shows that the…

Bitcoin Moves Into Accumulation Zone That Will Send It On Next All-Time High Run To $250,000

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Crypto analyst Aralez has revealed that Bitcoin is entering an accumulation zone that could propel it to a new all-time high (ATH). The analyst signaled that BTC could rally to as high as $250,000 in the next bull market.  Analyst Reveals Bitcoin Entering Major Accumulation Zone In an X post, Aralez stated that Bitcoin is near a major accumulation zone, with BTC following a similar script to past bear market cycles. He noted that the leading crypto saw losses of 87%, 84%, and 77.5% from its cycle highs in 2013,…

XRP Is The Clear Winner For Transactions, According To Peter Brandt

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Peter Brandt, a trader long known for his blunt view of crypto, said many digital assets will end up as junk even as he singled out XRP as the strongest candidate for transactional use. The comment came during a Crypto Banter interview with Ran Neuner and drew quick notice after Neuner said he did not expect that answer. A Hard Turn In A Familiar Debate Brandt said XRP would be his top choice if the question was which coin had the best shot at becoming a working payment network. He…

Bitcoin Dips Under $70K as Market Enters New ‘Distribution’ Phase

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Bitcoin (BTC) sellers took control during the European trading session on Tuesday as the BTC/USD pair slipped below the $70,000 mark for the first time since April. Analysts said that Bitcoin has entered another distribution phase due to high selling pressure and investors realizing losses. Key takeaways: Bitcoin sees renewed distribution as short-term holders sell at a loss and exchange inflows continue to rise. Crypto market sentiment fell back into “extreme fear,” while spot Bitcoin ETFs saw 11 straight days of outflows. Whale activity surged to its highest level since…

Strive Seeks $4.2B ATM Expansion To Fund More Bitcoin Buys

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Strive is preparing to expand its capital-raising capacity by $4.2 billion as the Bitcoin treasury company looks to fund additional BTC purchases, extending one of the fastest accumulation campaigns among public corporate holders. Chief executive Matt Cole said the company expects to increase the size of both its ASST and SATA at-the-market programs by $2.1 billion each. The proposed expansion would give Strive substantially more flexibility to issue securities into the market and direct proceeds toward its Bitcoin strategy, though ATM capacity does not mean the full amount has already…

Robinhood Just Acquired Canada’s Biggest Crypto Platform — And Brought 300,000 New Customers With It

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Robinhood Markets has closed its acquisition of WonderFi, a Canadian leader in digital asset products and services, marking the US trading platform’s formal entry into Canada and pushing its total international funded customer base past 1 million for the first time, per the company’s official announcement on June 1, 2026. Related Reading WonderFi operates two of Canada’s longest-standing regulated crypto platforms — Bitbuy and Coinsquare — both of which will now carry the Robinhood brand. The approximately 300,000 funded customers already using those platforms transfer directly into Robinhood’s ecosystem, per…

Mt. Gox Moves $739M in Bitcoin for First Time in Two Months

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Defunct Japanese crypto exchange Mt. Gox moved roughly $739 million worth of Bitcoin from its cold wallets early Tuesday, its first onchain movement in over two months, according to Arkham Intelligence data. Blockchain data shows the exchange transferred 10,306 Bitcoin (BTC), worth approximately $730.8 million, from its cold wallet to an unmarked address at 4:47 am UTC. The transferred Bitcoin is currently marked as “unspent” by Arkham. The exchange also made a separate transfer of 116.3 BTC, worth around $8.25 million, to its hot wallet at the same time, which…

The Bitcoin Retracement Rally And The Resistance Level That Could End It All

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Bitcoin saw its price retrace after initially moving upwards and clearing the resistance at $80,000. Eventually, though, the price ended up hitting major resistance at $82,000 and falling back downward. Now, the Bitcoin price seems to be stuck in a sideways movement that threatens to be the end of the recovery. However, this might not be the end of the bullish trend that is being flagged on the chart. Why The Bitcoin Price Could Recover Quickly In a recent post, a pseudonymous crypto analyst who goes by HAMED_AZ highlighted three…

Bitcoin Price Action Sees First Sub-$70,000 Dip Since Mid-April

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Bitcoin (BTC) traded below $70,000 for the first time in two months on Tuesday as sellers stayed in control. Key points: Bitcoin drops under $70,000 to new two-month lows. Analysis sees 200-day trend lines coming back into play as bulls fail to rescue BTC price action. Stocks continue to post record highs while crypto stays bearish on US-Iran events. BTC price analysis warns of “bearadise” as support thins Data from TradingView showed new BTC price lows of $69,631 on Bitstamp. After failing to follow stock markets higher, BTC/USD increased its…