Category: News

The 3-Part Impulse That Shows Where The XRP Price Is Headed Next

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XRP bulls are trying to turn a brutal selloff into something bigger than a relief bounce. An interesting setup shows a possible three-part impulse from the recent low around $1.05, but the entire setup still depends on whether buyers can force the price through the levels that broke during the crash. XRP’s Chart Is Trying To Build A Three-Part Impulse An interesting technical analysis of the XRP price is centered on a possible three-leg recovery structure, with the cryptocurrency’s latest low around $1.07 acting as the starting point. From there,…

Stock Market Volatility Rocks Bitcoin, Threatening $60K Support

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Key takeaways: Surging oil prices and rising producer inflation have pushed traders to price in a stricter US Fed monetary policy. Massive spot Bitcoin ETF outflows in June show the cryptocurrency is currently failing to act as a stock market hedge. The Nasdaq 100 Index dropped 7.5% in the seven days leading up to June 10, wiping out $2.7 trillion in market value. The fallout represents more than twice the entire Bitcoin (BTC) market capitalization and has put traders on alert, especially as inflation data feels the heat from high…

SUI Stuck In A Downtrend After Resistance Rejection, More Losses Ahead?

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SUI’s latest rejection at a crucial resistance area has handed control back to the bears, keeping the asset trapped in a persistent downtrend. As downside momentum continues to dominate, attention is shifting toward key support levels that could determine whether SUI is headed for further losses or nearing a potential bottom. SUI’s Fifth-Wave Decline Keeps Bears In Control More Crypto Online’s analysis highlights that SUI continues to face significant downside pressure, suggesting the market is likely still unfolding a fifth wave to the downside. While the higher timeframe structure remains…

Citi Launches Blockchain Marketplace for Private Company Shares

Citigroup is launching a blockchain-based marketplace for private company shares, looking to give wealthy and institutional investors a new way to gain exposure to pre-IPO firms as Wall Street pushes deeper into tokenized finance. According to The Wall Street Journal, the platform will use tokenized depositary receipts issued by Citi, which represent ownership interests in private companies. The offering will initially be initially available to foreign investors, with US access planned at a later date. The initiative allows investors to invest in private company shares “right next to their Apple…

Tech Giant LG Electronics Taps Arbitrum to Automate Programmatic Ads via Custom L2 Blockchain – Bitcoin News

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Key Takeaways Fortune reported that LG Electronics partnered with Arbitrum to build a custom Ethereum Layer-2 blockchain for automated ad markets. The platform targets LG’s massive global footprint of 216 million smart TVs to reduce programmatic ad fraud. Following a successful pilot with a Japanese agency, LG plans a commercial evaluation for later in 2026. The Onchain Shift According to a report published by Fortune on June 11, 2026, the initiative leverages a shared, onchain database of advertising inventory and verified customer interaction records. Fortune’s Jack Kubinec and Ben Weiss…

BitGo opens Lightning Network fee access for institutional Bitcoin holders

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BitGo has introduced Lightning Earn, a product that lets institutional clients allocate Bitcoin to Lightning Network routing channels. Summary BitGo introduced Lightning Earn for institutional Bitcoin routing fees. Amboss Rails manages liquidity across Lightning Network payment channels. Fees come from routed Bitcoin payments, not token rewards. The product uses Amboss Technologies’ Rails platform to manage liquidity routing across Lightning payment paths. Participants earn fees in Bitcoin from routed payments while using BitGo custody accounts. BitGo links custody accounts to Lightning routing BitGo designed Lightning Earn for corporate treasuries and institutional…

Nakamoto cuts debt by $45M as Bitcoin treasury strategy enters new phase

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Nakamoto Inc. has reduced outstanding debt by approximately $45 million through Bitcoin-related asset sales and refinancing actions. Summary Nakamoto sold about 600 Bitcoin and derivatives to reduce debt by $45M. The company retained 4,467 BTC and extended most debt maturity into 2027. Nakamoto approved a $25M buyback and regained Nasdaq bid price compliance. The company also extended most of its remaining debt maturities into 2027 and lowered borrowing costs under revised loan terms. Alongside the balance sheet changes, Nakamoto authorized a $25 million share repurchase program and regained compliance with…

Bitcoin and Ether ETFs Lose $249 Million While HYPE Funds Extend Inflow Run

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Key Takeaways Bitcoin ETFs lost $213.9M on June 10, with Blackrock’s IBIT leading outflows. Ether ETFs shed $35.6M as ETHA and FETH extended pressure on major crypto funds. HYPE and XRP ETFs added $4M combined, showing selective demand despite risk-off flows. HYPE ETFs Add $2.78 Million as Bitcoin Funds Extend 4-Day Outflow Streak The crypto exchange-traded fund (ETF) market is still struggling to find firm ground. Bitcoin and ether funds remained the weak points of the session, with investors continuing to pull capital from the two largest digital asset categories.…

Ether Open Interest Hits New Highs on Binance: Are Bulls Back?

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Ether (ETH) traders are increasing their leveraged long positions despite ETH price being down 44% in 2026. Ether’s futures open interest at Binance has climbed to a record 3.7 million ETH, with the exchange accounting for more than 44% of total Ether futures. Crypto analyst Darkfost noted that Ether futures activity has improved despite rising uncertainty driven by geopolitical tensions and weakening economic conditions. The analyst noted that Binance now holds nearly 3.7 million ETH in open futures contracts, marking a new all-time high for Ether open interest on the…

Bitcoin price defies inflation scare after Trump revives Iran deal

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Bitcoin price has erased losses triggered by a hotter-than-expected U.S. inflation report, rising above $63,000 after Donald Trump unveiled details of a potential peace deal involving Iran. Summary Bitcoin price rebounded above $63,000 after Donald Trump announced the cancellation of planned U.S. strikes on Iran and revealed progress toward a peace agreement. The rally erased losses caused by hotter-than-expected U.S. producer inflation data, which had briefly pushed BTC toward $62,500. Technical indicators and CoinGlass liquidation data point to the $64,500-$65,000 zone as the next major resistance area. According to market…