Category: News

Ethereum Price Could Spark A Fresh Upswing While Above $1,550

Ethereum price started a downside correction below $1,665. ETH must clear the $1,650 and $1,720 resistance levels to continue higher. Ethereum started a downside correction below the $1,650 zone. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a declining channel forming with resistance at $1,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,720 zone. Ethereum Price Holds Support Ethereum price failed to stay above the $1,680 zone and extended…

Bitcoin Treasuries Are Ticking Time Bombs as Leverage Hits Record Rates, Warns Capriole’s Charles Edwards

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Key Takeaways Charles Edwards says bitcoin treasuries are “levering up at record rates” on debt-fueled growth. He likens the two hundred bitcoin treasuries in the market today to the leveraged investment trusts of 1929. The warning lands as Strategy holds about 76% of corporate BTC and buying collapses elsewhere. A Year-Old Warning Resurfaces Bitcoin treasury companies are taking on debt at record rates to fund their bitcoin purchases, Capriole Investments founder Charles Edwards warned. He tied the trend back to a call he made in October 2025, arguing that the…

Crypto ATM Bans Advance in Delaware, New Jersey

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Delaware and New Jersey have both advanced legislation to ban cryptocurrency ATMs in what is becoming a growing trend across US states, with lawmakers concerned that the kiosks are overwhelmingly used for scams. The Delaware House Economic Committee on Tuesday passed House Bill 441 to the full chamber, which would ban owning, installing, or operating a cryptocurrency kiosk. It followed the New Jersey Senate Commerce Committee’s unanimous vote on Monday to send its bill banning crypto ATMs to the full chamber. At least three other US states — Indiana, Tennessee…

Bitcoin Price Hovers Above $60K As Traders Search For Direction

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Bitcoin price started a fresh decline below the $62,500 zone. BTC is showing bearish signs and might continue to move down if it dips below $61,200. Bitcoin failed to stay above $63,200 and extended losses. The price is trading below $62,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance near $62,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $62,500 and $63,500 levels. Bitcoin Price Dips Toward Support…

Crypto Hackers Drain Over $36M From Protocols Using Unverified Contracts

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Tim Draper Says Quantum Will Crack Banks Before Bitcoin

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Key Takeaways Draper argued banks face greater quantum risks than decentralized blockchain networks. Legacy systems may struggle as computing power challenges modern banking and payment security. Retail bitcoin adoption could intensify competition with government-issued currencies. Tim Draper Revives Bitcoin Security Thesis as Quantum Fears Shift Toward Banks Venture capitalist and longtime bitcoin investor Tim Draper renewed his Bitcoin thesis in a June 9 post on X, arguing that banks face greater risks from future quantum computing advances than the Bitcoin network. His “Fort Knox” comparison sharpened the central claim: Bitcoin…

Three Wallets Withdraw $122M In Ethereum From FalconX And Kraken: Is Tom Lee Buying Again?

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Ethereum is struggling below $1,700 as the market faces a combination of apathy and uncertainty that has made sustained directional movement difficult to produce in either direction. The price is grinding — not breaking down aggressively but equally failing to generate the momentum needed to reclaim higher levels — and data from Arkham Intelligence has identified a cluster of large institutional withdrawals that adds a structural layer to the current setup worth examining carefully. Three whale addresses — two of them freshly created wallets with no prior transaction history —…

Bitcoin Suppressed Like Gold? Gromen Says It Can’t Last Forever

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Luke Gromen says Bitcoin’s failure to break decisively higher may reflect more than weak spot demand, arguing that paper instruments can temporarily absorb buying pressure in the same way derivatives have shaped the gold market for years. Speaking with Nathalie Brunell in a June 6 interview, the macro analyst said he has not materially rebuilt the Bitcoin position he previously reduced. “I nibbled a little bit,” Gromen said, but added that he has “not really bought back in in any real way.” The reason, he suggested, is that Bitcoin’s recent…

XRP Demand Falls 91.5% As Traders Eye $0.63 Support

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XRP’s (XRP) onchain activity has contracted sharply since its 2025 peak. The 90-day network fee average fell by 91.5%, while the realized profit-to-loss ratio dropped to 0.38 from 50, according to Glassnode.  The decline in activity and profitability comes as traders identify the $1.00-$0.65 region as a major area of interest.   XRP profit-taking flips to network capitulation According to Glassnode, the 90-day simple moving average of total fees paid on the XRP network has fallen to just 500 XRP from 5,900 XRP in February, a decline of 91.5%. The network…

Here’s The Dogecoin Perfect Bottom And The Top Target; Analyst

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According to a crypto analyst, Dogecoin (DOGE) has returned to a key trendline that has repeatedly marked major cycle bottoms in past market phases. The setup comes alongside low sentiment and weakness, conditions that previously aligned with strong price recoveries. The analyst noted that this lower line could now form a potential base for Dogecoin’s next upside move to the top.  Analyst Forecasts Dogecoin Perfect Price Bottom Market expert Cryptollica has announced that Dogecoin may have formed a cycle bottom after revisiting a long-term support trendline that has been building…