
Let’s check the latest cryptocurrency news analyzed by AI.
Bitcoin Trends
Michael Saylor's Strategy has made a significant investment in Bitcoin, acquiring 4,980 BTC for $531 million, raising its total to 597,325 BTC. Despite bullish sentiments in the market, recent data indicates a critical demand deficit as long-term holders offload more BTC than new buyers can absorb. Bitcoin is struggling to break the $108,000 resistance, with increased open interest on Binance suggesting potential volatility. With mixed signals in demand and supply, caution is advised. Position: Hold with watchful monitoring of market trends.
/6 hour ago
Ethereum Trends
Ethereum (ETH) has experienced volatility, recently dropping below $2,500 amid sell-off fears triggered by a significant whale transfer. Despite short-term bearish trends, bullish sentiment remains due to regulatory tailwinds and ETF demand, with a target of $3,000 in sight. However, caution is advised as ETH could retest support levels around $2,320 and $2,200 if it fails to recover. Position: Hold with a close watch on support levels; consider buying on dips if it stabilizes above $2,320.
/2 hour ago
Altcoin Trends
Chainlink is experiencing a 13% surge, indicating a bullish trend that could lead to a target of $16 this week. Shiba Inu remains inexpensive at $11.47 for 1 million coins, but its potential to reach $100,000 seems far-fetched. BitMine's shift to Ethereum has led to a 511% stock increase, suggesting a strong future for ETH. HBAR's recent 2.1% climb reflects positive ecosystem developments. Dogecoin's significant slump amid ETF speculation raises caution. Overall, a cautious yet optimistic approach is recommended for LINK and ETH.
/2 hour ago
⚠️This website aggregates the latest cryptocurrency news articles from around the world and automatically disseminates new trend information using AI. It does not provide investment advice or solicit investments. All investment activities should be conducted at your own discretion and responsibility, and this website assumes no responsibility for the outcomes of such activities.
Bitcoin(BTC)
Ethereum(ETH)


News


Billionaire Michael Saylor Announces New Bitcoin Purchase Worth $500 Million – What’s Going On?
8 day agoMichael Saylor has disclosed Strategy’s $531 million purchase of 4,980 BTC, taking its holdings to 5...Michael Saylor has disclosed Strategy’s $531 million purchase of 4,980 BTC, taking its holdings to 597,325 BTC worth an estimated $64 billion. The firm now controls about 2.8 % of Bitcoin’s capped supply, as more corporations follow its treasury playbook and exchanges roll out related products. The post Billionaire Michael Saylor Announces New Bitcoin Purchase Worth $500 Million – What’s Going On? appeared first on Cryptonews.


Onchain data points to a major Bitcoin price rally in the making, while short-term price weakness hi...Onchain data points to a major Bitcoin price rally in the making, while short-term price weakness highlights the absence of “new” buyers.


Saylor’s Strategy Adds Mammoth 4,980 BTC For Over Half A Billion Dollars To Its Bitcoin Treasury
8 day agoStrategy added roughly half a billion in Bitcoin last week as the publicly listed company continued ...Strategy added roughly half a billion in Bitcoin last week as the publicly listed company continued its relentless quest for BTC accumulation.


Bitcoin continues to face sellers at $109,000 even as most traders anticipate all-time highs and sel...Bitcoin continues to face sellers at $109,000 even as most traders anticipate all-time highs and select altcoins rally at the start of the week.


Bitcoin liveliness metric indicates heightened activity among long-term holders (LTHs), signaling a ...Bitcoin liveliness metric indicates heightened activity among long-term holders (LTHs), signaling a shift toward distribution rather than accumulation. On-chain data shows a critical demand deficit, as miners and LTHs offload more BTC than new buyers can absorb. The recent movement of Bitcoin price has attracted more attention as the currency approaches a critical threshold of [...]


UK-based The Smarter Web Company has made a multimillion-dollar raise just days after it purchased $...UK-based The Smarter Web Company has made a multimillion-dollar raise just days after it purchased $20 million worth of Bitcoin to bring its holdings to over 540 BTC.


Bakkt Holdings Inc. has disclosed plans to raise $1 billion through a mixed securities offering and ...Bakkt Holdings Inc. has disclosed plans to raise $1 billion through a mixed securities offering and use the proceeds to fund Bitcoin buys. According to the crypto software firm’s June 26 filing with the U.S. Securities and Exchange Commission, the…


Data shows the Bitcoin Open Interest on the cryptocurrency exchange Binance has recently shot up. Wh...Data shows the Bitcoin Open Interest on the cryptocurrency exchange Binance has recently shot up. What could this mean for the asset’s price? Bitcoin Binance Open Interest Has Seen A Sharp Increase As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin Open Interest on Binance has spiked. The “Open Interest” refers to an indicator that measures the total amount of BTC positions that are currently open on a given derivatives platform. When the value of the metric goes up, it means the investors are opening up fresh positions on the market. As the total amount of leverage present in the sector rises when new positions appear, this kind of trend can lead to the asset’s price becoming more volatile. Related Reading: Bitcoin Retests $108,000, But Holders Disagree On Direction On the other hand, the indicator observing a decline suggests the holders are either closing up positions of their own volition or getting liquidated by their platform. Since leverage goes down with such a trend, the cryptocurrency can become more stable following it. Now, here is a chart that shows the trend in the 24-hour percentage change of the Bitcoin Open Interest for the Binance exchange over the past month: As displayed in the above graph, the 24-hour change in the Binance Bitcoin Open Interest recently shot up to a notably positive value, implying the number of positions on the platform saw a significant jump. At the peak of this spike, the indicator hit a value of more than 6%. From the chart, it’s visible that there have been a couple of other occasions that the metric has breached this mark during the past month. Interestingly, each of these spikes coincided with points that preceded a period of consolidation/decline for Bitcoin. As the quant notes, This recurring pattern suggests that large inflows into leveraged positions often precede periods where short-term gains are realized, leading to potential price pullbacks or sideways movement as market participants de-risk. The analyst has also shared another chart, this one tracking the 7-day change in the Realized Cap of the short-term holders and long-term holders. The “Realized Cap” refers to an indicator that keeps track of the capital that the holders have invested into Bitcoin. Below is a chart that shows the change in this metric for two investor cohorts, short-term holders (holding time of 155 days or lesser) and long-term holders (holding time greater than 155 days). As is apparent from the graph, the 7-day change in the Realized Cap has recently been positive for long-term holders, which suggests capital has been maturing from the short-term holders into this cohort. Related Reading: Chainlink Holders Set Record As 1-Yr MVRV Signals ‘Opportunity’ That said, earlier in the month, the indicator hit a peak of $57 billion, but today it has come down to just $3.5 billion. So, while capital is still aging into long-term holders, it’s now happening at a much slower rate. BTC Price Bitcoin has been attempting to break past the $108,000 mark, but so far, it hasn’t found success as its price is still trading around $107,200. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com


Recent tailwinds such as staking on exchange-traded funds (ETFs) and regulatory clarity may drive Et...Recent tailwinds such as staking on exchange-traded funds (ETFs) and regulatory clarity may drive Ethereum (ETH) toward $3,000 in the coming weeks, according to a note by MEXC Research. As of press time, ETH was trading at $2,510, up 3% over the past 24 hours. MEXC Research linked the upside scenario to two key drivers: […] The post Ethereum poised for $3,000 with regulatory tailwinds and ETF demand appeared first on CryptoSlate.


Ethereum is one of the major cryptocurrency coins, the second-largest asset after Bitcoin, currently...Ethereum is one of the major cryptocurrency coins, the second-largest asset after Bitcoin, currently available in the market.…


Crypto analyst Michaël van de Poppe says Ether could be “testing the other side of the range” in the...Crypto analyst Michaël van de Poppe says Ether could be “testing the other side of the range” in the coming weeks as it trades above $2,400.


Detail: https://coincu.com/345404-bit-digital-ethereum-transition-investment/


Ethereum price started a fresh increase above the $2,450 zone. ETH is now correcting gains from $2,5...Ethereum price started a fresh increase above the $2,450 zone. ETH is now correcting gains from $2,520 and might slip to test the $2,320 zone. Ethereum started a fresh upward move above the $2,350 level. The price is trading above $2,400 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains stable above the $2,320 zone in the near term. Ethereum Price Dips Below Support Ethereum price started a fresh increase above the $2,320 support level, like Bitcoin. ETH price was able to clear the $2,350 and $2,450 resistance levels to move into a positive zone. The bulls even pushed the price above the 76.4% Fib retracement level of the downward move from the $2,569 swing high to the $2,115 low. However, the bulls were active above the $2,500 level. A high was formed at $2,520 and the price is now correcting some gains. There was a move below the 23.6% Fib retracement level of the upward move from the $2,114 swing low to the $2,520 high. Besides, there was a break below a connecting bullish trend line with support at $2,450 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,400 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,500 level. The next key resistance is near the $2,520 level. The first major resistance is near the $2,550 level. A clear move above the $2,550 resistance might send the price toward the $2,600 resistance. An upside break above the $2,600 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,720 resistance zone or even $2,800 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,520 resistance, it could start a fresh decline. Initial support on the downside is near the $2,400 level. The first major support sits near the $2,320 zone. A clear move below the $2,320 support might push the price toward the $2,250 support. Any more losses might send the price toward the $2,200 support level in the near term. The next key support sits at $2,150. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,320 Major Resistance Level – $2,520


Ethereum price started a fresh decline below the $2,500 zone. ETH is now consolidating losses and mi...Ethereum price started a fresh decline below the $2,500 zone. ETH is now consolidating losses and might attempt to recover above the $2,250 resistance. Ethereum started a fresh decline below the $2,350 level. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,280 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above the $2,320 resistance zone in the near term. Ethereum Price Eyes Recovery Ethereum price started a fresh decline below the $2,500 support level, like Bitcoin. ETH price declined below the $2,350 and $2,250 levels. The bears even pushed the price below the $2,200 level. The pair tested the $2,120 zone and started a consolidation phase. There was a minor move above the $2,200 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $2,568 swing high to the $2,114 low. Ethereum price is now trading below $2,300 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,250 level. There is also a key bearish trend line forming with resistance at $2,280 on the hourly chart of ETH/USD. The next key resistance is near the $2,340 level. It is close to the 50% Fib retracement level of the downward move from the $2,568 swing high to the $2,114 low. The first major resistance is near the $2,400 level. A clear move above the $2,400 resistance might send the price toward the $2,500 resistance. An upside break above the $2,500 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,550 resistance zone or even $2,620 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,340 resistance, it could start a fresh decline. Initial support on the downside is near the $2,200 level. The first major support sits near the $2,150 zone. A clear move below the $2,150 support might push the price toward the $2,120 support. Any more losses might send the price toward the $2,050 support level in the near term. The next key support sits at $2,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,150 Major Resistance Level – $2,340


With Ethereum on a steady upward momentum to its $2,500 mark, which is being maintained by ETF inflo...With Ethereum on a steady upward momentum to its $2,500 mark, which is being maintained by ETF inflows into the asset, and in a general sense of positivity within the crypto community, a relatively newer entry is taking up too much space within crypto communities, Mutuum Finance (MUTM). MUTM project is making headlines in crypto […]


Blockchain tracking service Whale Alert posted a major alert showing that 129,392 ETH was transferre...Blockchain tracking service Whale Alert posted a major alert showing that 129,392 ETH was transferred from an unidentified wallet to Coinbase as the Ethereum price tumbled. On-chain data from Etherscan shows that this particular wallet had not been involved in the transfer of large ETH volumes since November 2022. This sudden reactivation and deposit into a centralized exchange opens up speculation of a looming selloff, especially given the timing of the transfer. Massive ETH Transfer As Middle East Tensions Escalate Whale transaction tracker Whale Alerts, which initially reported the transfer on the social media platform X, noted that at the time of the transfer, these 129,392 ETH were worth $312,981,377. The timing of the transfer is noteworthy because it occurred when the price of Ethereum failed to hold above $2,500 and had already begun to struggle to stay above $2,400. Related Reading: XRP On-Chain Activity Down 80% In 5 Months, Experts Argue Bullish/Bearish Implications Etherscan’s tracking of on-chain transactions indicates that the unknown wallet “0xd47b,” which was involved in the transfer, has been relatively inactive since late 2022. Particularly, its last transaction was an inflow of 6,469 ETH from another wallet linked to Coinbase. The latest transfer into Coinbase leans more towards the possibility of a selloff through the exchange. Since then, the Ethereum price has lost a key support level at $2,450. Its price has fallen notably in the past 48 hours. Although other factors are clearly contributing to the dip, particularly new geopolitical tensions after the US launched attacks on Iran, this whale deposit into Coinbase may have increased the downward pressure. Exchange inflows of this magnitude are a precursor to liquidation, particularly now that investor sentiment is on edge. Bearish Setup Confirms Downside Targets The technical picture for Ethereum is now turning bearish, at least in the short term. Technical analysis of Ethereum’s 4-hour chart on the TradingView platform shows a clear bearish breakdown setup after Ethereum broke below a crucial support line at $2,362. That support level has now been breached, and confirmation of the breakdown amplifies a bearish case moving forward. Related Reading: Bitcoin Price Breakdown Spurs Sell-Offs, Analyst Reveals What Will Happen If BTC Hits 92,800 Chart Image From TradingView The chart above, which includes overlays of the Ichimoku Cloud, shows a fading bullish momentum in the past few days. Previous failed attempts to break resistance have left Ethereum in a vulnerable zone, and the recent whale selloff may have delivered the final push needed to trigger this leg down. If the current trajectory continues, Ethereum could be on its way to retesting lows below $2,000. According to the TradingView analysis, potential reversal targets are at $2,151 and $1,954, with a third possible level at $1,750 if the selloff is more than expected. At the time of writing, Ethereum is trading at $2,290, down by 5.5% and 10% in the past 24 hours and seven days, respectively. Featured image from Dall.E, chart from TradingView.com


The Chainlink (LINK) cryptocurrency is up 13% in the last seven days, signaling a resurgence in pric...The Chainlink (LINK) cryptocurrency is up 13% in the last seven days, signaling a resurgence in price and…


If you purchase 1 million Shiba Inu (SHIB) coins today, it will cost you around $11.47. For 1…


Bitmine has disclosed plans to dedicate $250M from its latest private placement to Ethereum accumula...Bitmine has disclosed plans to dedicate $250M from its latest private placement to Ethereum accumulation, replacing Bitcoin as its treasury focus. The strategy, backed by investors such as Pantera Capital and Kraken, has propelled the stock 511% and brought Thomas Lee to the board’s chair. The post BitMine Stock Skyrockets 500% as $250M Funding Shift to Ether Targets 16X ETH Holdings appeared first on Cryptonews.


Investor sentiment has risen after Bitcoin’s $111,814 peak, though Mideast unrest has paused momentu...Investor sentiment has risen after Bitcoin’s $111,814 peak, though Mideast unrest has paused momentum. Observers have evaluated altcoins—XRP after its SEC win, Pi’s tap-to-mine growth, ADA’s scaling plan and Snorter’s presale—to spot the next rallies. Crypto price prediction today. The post Crypto Price Prediction Today 30 June – XRP, Pi Coin, Cardano appeared first on Cryptonews.


HBAR rose 2.1% to $0.1519 as ecosystem updates — including an AI toolkit, gaming expansion, and coun...HBAR rose 2.1% to $0.1519 as ecosystem updates — including an AI toolkit, gaming expansion, and council additions — have kept Hedera in focus this month.


Few could’ve predicted that the company behind Disney-themed trinkets would become TRON’s biggest pu...Few could’ve predicted that the company behind Disney-themed trinkets would become TRON’s biggest public backer. With $100 million deployed and Justin Sun in its corner, SRM is rewriting its corporate script, one blockchain transaction at a time. On June 30,…


A shocking new prediction has emerged, with a crypto analyst claiming that the XRP price could surge...A shocking new prediction has emerged, with a crypto analyst claiming that the XRP price could surge to a jaw-dropping all-time high of $3,380. This bold estimate is based on a valuation model linking the altcoin’s price to a projected future on-chain transaction volume fueled by global financial integration. Analyst Unveils Wild XRP Price Forecast […]


Despite fresh momentum building around a potential Dogecoin ETF, DOGE has plummeted nearly 30% over ...Despite fresh momentum building around a potential Dogecoin ETF, DOGE has plummeted nearly 30% over the past month, signaling a divergence between hype and market performance. While mainstream attention remains fixated on ETF speculation, investors are shifting focus toward Mutuum Finance (MUTM), a new cryptocurrency making waves with its bold roadmap and rapidly growing retail […]


Federal Reserve May 'Panic' Due to Potential Supply Shock Inflation, Says Fundstrat's Tom Lee
16 day agoFundstrat's head of research, Tom Lee, believes the Federal Reserve might have to cut interest ...Fundstrat's head of research, Tom Lee, believes the Federal Reserve might have to cut interest rates after tightening monetary policy too much. In a recent CNBC interview, Lee warned of a potential 'accident' where the Fed delays responding to a slowing economy, potentially triggered by a supply shock. He's concerned about the Fed potentially reacting too late to address the issue.


The combination of established finance and blockchain technology opens up different opportunities fo...The combination of established finance and blockchain technology opens up different opportunities for asset ownership, liquidity and worldwide access. The economic environment is experiencing a paradigm shift as the migration of RWAs (real-world assets) onto blockchain networks is exemplified by creating digital representations of real, tangible value, including the ability to be traded, fractioned and […] The post Digital Asset Revolution – How Blockchain Is Turning Real-World Assets Digital appeared first on The Daily Hodl.


Bitcoin Magazine What Happens to Bitcoin When Quantum Computers Arrive? A high level overview of the...Bitcoin Magazine What Happens to Bitcoin When Quantum Computers Arrive? A high level overview of the recent report by Chaincode Labs on the threat quantum computing poses to Bitcoin. This post What Happens to Bitcoin When Quantum Computers Arrive? first appeared on Bitcoin Magazine and is written by Anthony Milton and Clara Shikhelman.


Bitcoin Magazine The CLARITY Act Shouldn’t Be Included in the GENIUS Act Say Senator Hagerty, Analys...Bitcoin Magazine The CLARITY Act Shouldn’t Be Included in the GENIUS Act Say Senator Hagerty, Analysts Senator Bill Hagerty (R-TN), the main sponsor for the GENIUS Act, and policy analysts from the Bitcoin Policy Institute and Galaxy Digital believe that combining the GENIUS Act with the CLARITY Act as the former heads to the House floor for a vote will lower the likelihood of it passing. This post The CLARITY Act Shouldn’t Be Included in the GENIUS Act Say Senator Hagerty, Analysts first appeared on Bitcoin Magazine and is written by Frank Corva.


Quantum computing is no longer just a movie thing. It’s real. And it could break Bitcoin within five...Quantum computing is no longer just a movie thing. It’s real. And it could break Bitcoin within five years or even sooner, some experts say. If the Bitcoin network doesn’t adapt its cryptography in time, it risks losing everything it’s built over the last 16 years. What’s Happening? Bitcoin runs on elliptic curve cryptography. That […]


Detail: https://coincu.com/344509-fed-governor-waller-july-rate-cut/


The $100K-$110K range has emerged as a sensitive battleground for Bitcoin.


Detail: https://coincu.com/344504-fed-july-interest-cut-crypto/


Nvidia (NVDA) shares hit a new all-time high last week amid an AI stock surge, and investors areR...Nvidia (NVDA) shares hit a new all-time high last week amid an AI stock surge, and investors are…


Circle seeks a trust bank license to directly manage USDC reserves and offer custody for tokenized s...Circle seeks a trust bank license to directly manage USDC reserves and offer custody for tokenized stocks and bonds onchain. The post Circle applies for national trust bank license to expand USDC reserve custody appeared first on Crypto Briefing.


Circle applies for US banking license, enabling it to act as custodian for USDC reserves: report
8 day agoCircle has applied for a national banking license, according to Reuters. which would enable it to ac...Circle has applied for a national banking license, according to Reuters. which would enable it to act as a custodian for its own reserves.


Bier joined Solana as an advisor on March 25 to assist Solana Labs' app launches and developmen...Bier joined Solana as an advisor on March 25 to assist Solana Labs' app launches and development.


A lower court ruling will stand in a case involving a Coinbase user who filed a lawsuit against the ...A lower court ruling will stand in a case involving a Coinbase user who filed a lawsuit against the IRS after the crypto exchange turned over transaction data.


US Government To Be Hit With $3,300,000,000,000 in Additional Deficits Under Senate Tax Bill: CBO
8 day agoThe Congressional Budget Office (CBO) says that the government will have to take on an extra $3.3 tr...The Congressional Budget Office (CBO) says that the government will have to take on an extra $3.3 trillion in deficits if the White House’s Big Beautiful Bill passes. In a new report, the non-partisan budget watchdog says that the bill would add $3.9 trillion to the national debt, stemming from roughly $4.5 trillion in net […] The post US Government To Be Hit With $3,300,000,000,000 in Additional Deficits Under Senate Tax Bill: CBO appeared first on The Daily Hodl.


Detail: https://coincu.com/346082-federal-reserve-rate-cut-2024/


Katana mainnet launch is around the corner after over $200 million in productive DeFi deposits. Kata...Katana mainnet launch is around the corner after over $200 million in productive DeFi deposits. Katana’s VaultBridge and CoL mechanisms will power yield and liquidity efficiency. Katana supports cross-chain assets like SOL, XRP, and SUI on-chain. Katana, a new DeFi-centric layer-2 blockchain built on Ethereum, has people on tentacles amid its highly anticipated mainnet launch […] The post Katana mainnet launch nears as pre-deposit closes with $200M in active deposits appeared first on CoinJournal.