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TronWeekly
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Crypto Market Plunges Amid $1B Liquidation After U.S. Strikes Iran
- Crypto markets plummeted with $1 billion in liquidations after U.S. airstrikes on Iranian nuclear facilities.
- Iran's threat to close the Strait of Hormuz led to market disruptions, expecting oil futures to rise due to escalating tensions.
- The GMCI30 index fell by 10%, while small-cap and AI-linked tokens dropped by 17% and 20% during the weekend.
- Over $1 billion in crypto positions were liquidated within 24 hours, triggering a cascade of liquidations across Bitcoin, Ethereum, and altcoins.
- Former President Trump confirmed the airstrikes and hinted at potential regime change in Iran, causing concerns in financial markets.
- Bitcoin prices plunged below $100,000, the first time in 45 days, with Ethereum also witnessing significant declines.
- Iran's parliament discussed closing the Strait of Hormuz, affecting oil futures, while trading firms remained active amidst volatility.
- Prediction markets turned bearish on crypto, speculating potential drops below $95,000 before a recovery.
- The Block's GMCI30 index dropped nearly 10%, with small-cap and AI-related tokens experiencing larger declines.
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Bitcoinsensus
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65
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BNB’s MicroStrategy Moment? New Public Firm Bets $100M on Binance Token
- Institutional crypto adoption is increasing as corporations diversify into digital assets to combat inflation.
- Three former Coral Capital executives plan to raise $100 million through a Nasdaq-listed shell company to invest in BNB.
- Build & Build Corporation will not purchase Bitcoin but will heavily invest in BNB, the native token of the BNB Chain.
- Binance founder CZ Zhao confirmed awareness of the initiative but stated no involvement from Binance as BNB is a public blockchain token.
- This move represents one of the first public company efforts to establish BNB as a reserve currency, following the MicroStrategy model in a different ecosystem.
- Build & Build Corporation aims to become a long-term holder of BNB, banking on its strength in DeFi, infrastructure, and transaction utility.
- Trading on BloFin now offers incentives such as a MacBook, Apple Vision Pro, or a $9,400 Rolex based on trading volume.
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Coindoo
3w
196
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Top Trending Cryptocurrencies Today, According to Coingecko
- The list of top trending cryptocurrencies includes Toncoin (TON), Notcoin (NOT), and LAMBO based on searches.
- Toncoin (TON) is leading the trend at rank #22, trading at $2.81 with a 4.1% gain in the last 24 hours despite a 5.5% dip in the past week.
- Notcoin (NOT), ranked #293, is valued at $0.001695, showing a 2.6% increase in the last 24 hours but down by 20.6% over the week.
- LAMBO (LAMBO) is also notable at rank #799, priced at $0.003551, experiencing a 7.2% rise in the last 24 hours but a 28.7% drop in the past 7 days.
- Other trending cryptocurrencies include Cross The Ages (CTA), Hyperliquid (HYPE), Spark (SPK), and Virtuals Protocol (VIRTUAL).
- Solana (SOL), a major player at rank #6, is trending at $133.97 with a 5.0% gain in the last 24 hours.
- The CoinGecko trending list showcases current market interest in various cryptocurrencies, reflecting investor and enthusiast activities.
- While some tokens display short-term gains, the weekly performance indicates ongoing volatility in the cryptocurrency market.
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TronWeekly
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Chainlink Unlocks $149M LINK on Binance, Will Price Rally?
- Chainlink unlocks $149 million worth of LINK tokens on Binance, leading to price speculation.
- After the influx of tokens to exchanges, LINK price decreases by 7.4%, triggering analysis of historical patterns.
- Chainlink's position in DeFi and oracle technology instill confidence in long-term investors.
- The quarterly token unlock process starts in 2022, releasing 17.875 million LINK coins.
- Majority of unlocked tokens were transferred to Binance, a significant cryptocurrency exchange.
- Trading platforms witness a movement of approximately $225 million worth of LINK this week.
- Despite a 29% 30-day price decline, Chainlink experiences an increase in trading volume by 185%.
- The price of LINK fell by 7.4% in the last 24 hours, hitting $11.4, the lowest since April.
- Historical data suggests that LINK's price typically rises after previous token unlocks, leading to predictions of a potential price surge.
- Chainlink's technology, crucial for DeFi, offers solutions like proof-of-reserves to enhance transparency with stablecoins.
- The cross-chain feature of Chainlink aids blockchain interoperability, positioning it as a key player in Oracle solutions bridging real-world data with blockchains.
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Coinpedia
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Pi2Day 2025: What Is Coming & Why Is June 28 Important For Pi Network
- Pi2Day is celebrated annually on June 28 by the Pi Network community, marking a significant event for updates and progress.
- Past years saw major updates like blockchain domains, dApps, and improvements in the KYC process.
- Expectations for Pi2Day 2025 include progress on KYC, app utility, the Open Mainnet, and updates on GCV value.
- Anticipated announcements for 2025 include a second wave of KYC verification, Mainnet roadmap clarity, and potential dApp launches.
- Pi Network launched PiFest 2025 to promote real-world payments using Pi Coin.
- Speculation surrounds Pi Network's potential integration of Generative AI.
- Pi Network's Core Team participation in an AI panel has further fueled AI integration rumors.
- Successful KYC sync rollout can enhance Pioneer participation and app usage.
- Developers and users are hopeful for new tools and real-world use cases to expand Pi's utility.
- Pi2Day could trigger increased demand and value with notable updates; otherwise, market disappointment may lead to selloffs.
- Pi Network aims to expand access with a second KYC wave for users in China, Africa, and Latin America.
- Developers may introduce new dApps and features if approved by the Core Team during Pi2Day.
- Rumors suggest potential listings on exchanges like Binance or HTX following a clear Mainnet roadmap release.
- Pi Network's Pi2Day activities may instigate market reactions and impact Pi's trajectory.
- Pi2Day serves as a moment of reflection and anticipation for the Pi Network community.
- The Core Team's past announcements on Pi2Day have included initiatives like the PiNet and Fireside Forum.
- Pi Network hints at AI integration as a transformative move for the ecosystem.
- Co-founder Nicolas Kokkalis's involvement in AI discussions at Consensus 2025 increases speculation about Pi Network's future.
- Pi Network continues to evolve its ecosystem and engage with the community through events like Pi2Day and PiFest.
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TronWeekly
3w
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Notcoin (NOT) Drops 66% from May, Bears Dominate
- Notcoin (NOT) price remains stagnant at $0.00206 with minimal trading volumes, suggesting market uncertainty.
- Technical indicators like flat MACD and weak RSI point towards further downside pressure.
- Narrow Bollinger bands indicate a potential downward breakout, with Notcoin losing 66% of its value since May.
- The recent lackluster performance of Notcoin reflects a bearish sentiment in the market.
- The token failed to maintain gains from a brief surge in June, dropping significantly below key support levels.
- The average Directional Index (ADX) at 18.03 shows a weak trend strength, favoring bearish momentum.
- BBTrend at -9.20 suggests an advantage for sellers, potentially leading to further price declines.
- Flat MACD, weak RSI, and tight Bollinger Bands indicate indecision among traders and a possible breakdown.
- The narrowing Bollinger bands suggest an impending short-term breakout without a clear directional bias.
- Fibonacci retracement levels highlight resistance at $0.0029 and $0.00347, with Notcoin currently struggling at the 0.236 level near $0.00219.
- A failure to break higher could result in a retest of the base support at $0.00177.
- Traders are advised to monitor key technical indicators and price levels for potential trend reversal signals.
- The market outlook for Notcoin remains bearish, with uncertainty surrounding its future price movements.
- Investors should exercise caution and consider risk management strategies when trading Notcoin in the current market conditions.
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99Bitcoins
3w
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99Bitcoins Exclusive: BitGO Europe Head Brett Reeves Says “Don’t Use One Provider, Use Multiple”
- Brett Reeves, Head of European Sales for BitGo advises using multiple providers for cryptocurrencies to diversify and minimize risk.
- Reeves emphasizes the importance of adaptability in the crypto space and how traditional finance firms may struggle due to rigidity.
- BitGo offers a different custody approach and the ability to outsource services like Zodia Custody.
- Regulations like Markets in Crypto-Assets Regulation (MiCA) in Europe provide clarity for custody providers like BitGo.
- BitGo recently received its MiCA license from Germany’s financial regulator, BaFin.
- Regulatory clarity is crucial for large institutions to enter the crypto custody space according to Gianluca Di Meo.
- BitGo and Zodia offer differing approaches to digital asset custodianship, focusing on different aspects of asset management.
- Zodia Custody prioritizes custody services, while collaborating with other service providers for yield generation, lending, trading, and more.
- The industry is evolving rapidly, and regulatory compliance is essential for maintaining trust and reputation.
- Gerry Afentakis from Zodia Custody highlights the need for providing innovative services while focusing on custody as a primary concern.
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TronWeekly
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Crypto Market Shakes as Kiyosaki Predicts Global Debt Collapse
- Crypto market experienced a downturn over the weekend due to global tensions, inflation fears, and debt concerns, leading to a widespread selloff.
- Bitcoin dropped below $99,000, along with other major altcoins like Ethereum, Solana, XRP, and Dogecoin posting significant losses.
- The market sentiment remained cautious as investors navigated increasing uncertainty, despite a slight recovery in prices by Sunday.
- Renewed geopolitical tensions, including a US strike on Iranian targets, heightened market nervousness alongside inflation and debt worries.
- Robert Kiyosaki warned of an impending historic debt collapse, advising a shift to gold, silver, and Bitcoin over fiat currencies.
- Kiyosaki emphasized the necessity of owning tangible assets like gold, silver, and Bitcoin in preparation for the looming economic instability.
- He believes the current economic situation mirrors scenarios outlined in his book 'Rich Dad’s Prophecy,' predicting a major financial crisis fueled by excessive debt.
- Kiyosaki sees silver as the most attractive investment currently, projecting potential for it to double in value by the end of the year.
- He views gold and Bitcoin as relatively expensive at present and plans to increase holdings in those assets after anticipated price drops.
- While some critics label Kiyosaki's warnings as alarmist, others emphasize the importance of diversifying away from fiat currencies amid growing economic uncertainties.
- As global markets face heightened uncertainty, Kiyosaki's advice to reconsider where wealth is stored is gaining traction, prompting investors to evaluate safer assets.
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Coinjournal
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Sonic, Four, SPX6900 surge amid market volatility
- Sonic, Four, and SPX6900 led crypto gains despite market turbulence.
- Top cryptocurrencies bounce back as equities stabilize, indicating renewed investor confidence.
- SPX6900's volatile market presence highlights its meme coin momentum.
- Crypto market experienced selling pressure after Bitcoin dropped due to US bombing of Iran's nuclear sites.
- Despite the weekend turmoil, Sonic, Four, and SPX6900 are among the top gainers showcasing double-digit gains.
- Sonic is trading at $0.28, Four at $2.57, and SPX at $1.07.
- Bitcoin and other major cryptocurrencies see upward movement, instilling cautious optimism among investors.
- Equities markets are recovering from losses, aligning with the crypto market's rebound.
- Fear & Greed Index shows a shift towards fear from neutral sentiment in the crypto market.
- Four records a 10% increase at $2.57 with a high 24-hour trading volume.
- Sonic surges by 9% trading at around $0.27, showing potential for further upside.
- SPX6900, a Solana-based meme coin, boasts a 10x rally but experienced profit-taking, currently trading at $1.06.
- SPX6900's market cap is around $985 million, ranking it in the top 100 cryptocurrencies.
- Despite recent declines, SPX6900 is up by 6% in the last 24 hours, aiming to break $2 but could drop to $0.90.
- Sonic, Four, and SPX6900 exemplify the crypto market's high-risk, high-reward nature amidst ongoing market uncertainty.
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TronWeekly
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SushiSwap (SUSHI) Coils in Broadening Wedge as Bulls Eye $1.85 Breakout from $0.55
- SushiSwap is holding steady in a broadening wedge pattern, indicating potential volatility and market indecision.
- Breakout targets for SushiSwap range from $0.725 to $1.850, with notable interest and bullish momentum near resistance levels.
- The token is currently priced at $0.5491, showing stability amidst market fluctuations, with a 24-hour trade volume of $37.01 million and a market capitalization of $150.83 million.
- The broadening wedge pattern suggests increasing volatility and uncertainty, with a lack of clear directional bias.
- Support levels are holding firm, while the upper wedge boundary acts as a strong resistance, limiting upward movement.
- Technical analysis indicates potential breakout points at $0.725, $0.900, $1.100, $1.330, and $1.850, contingent on increased trading volume.
- Market indecision is evident with low-volume days, while spikes in volume at resistance tests suggest active trading population.
- SushiSwap's near-term trend hinges on breaking above the upper wedge line for a bullish phase, failure of which may lead to consolidation or downside pressure.
- Traders are closely monitoring volume signals and support levels to determine the next directional move for SushiSwap.
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Coinjournal
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214
Image Credit: Coinjournal
XRP price outlook: $2 remains key amid increased volume
- XRP price is currently above $2.00 and could aim for a breakout above $2.30, with a potential target of $2.50 indicating bullish momentum.
- Altcoins, including XRP, closely follow Bitcoin's movements, which recently experienced a decline due to heightened geopolitical tensions.
- Despite dropping to $1.94, XRP has shown resilience in the face of market challenges, with significant trading volume supporting its price above $2.00.
- Increased trading volume often reflects renewed investor confidence and potential for sustained upward momentum.
- Cryptocurrency market faced pressure due to US-Iran tensions, yet a rebound may occur if risk-on sentiment returns.
- Digital asset investment products continue to see inflows, with XRP attracting $2.69 million, amid positive sentiment surrounding Bitcoin and Ethereum.
- Short-term predictions suggest XRP could break above $2.50 and reach $3.00, with long-term projections hinting at a potential rise above $10 if key levels are maintained.
- Failure to hold above $2.00 may lead to a retesting of the April low around $1.60.
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Coindoo
3w
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Image Credit: Coindoo
Binance Founder Explains Dips and What To Look For Next ATH
- Binance founder CZ reframes market downturns as natural dips before potential new all-time highs in the crypto market.
- He emphasizes the importance of maintaining a long-term mindset, viewing current prices as temporary phases in an upward trajectory.
- While CZ's statement is optimistic, he also raises the crucial question of whether there will indeed be a next all-time high (ATH), highlighting the uncertainty in the crypto market.
- He advises investors to focus on coins with long-term staying power and significant growth potential, emphasizing the importance of thorough research and selective investing.
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TronWeekly
3w
218
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Polkadot Price Dips to $3.36, Can DOT Bounce Back to $6.50?
- Polkadot's DOT price stands at $3.36, reflecting a 10.47% weekly decline.
- A descending triangle pattern indicates potential bounce from $3.40 support.
- Forecast for 2025 varies from highs of $7.41 to lows of $3.46.
- DOT is in a critical market phase with waning trading volume at $132.22 million.
- Technical analysis suggests a bounce opportunity from the descending triangle on the daily chart.
- Thinning volumes near support suggest market indecision with possible breakout.
- Price recovery targets are set at $3.80, $4.30, $5.40, and $6.50 upon resistance breakout.
- 2025 predictions range from $7.41 to $3.49, reflecting mixed outlooks.
- Regulatory and macroeconomic shifts will affect Polkadot's trajectory.
- Failure to hold support at $3.40 could lead to downside risk for DOT price.
- Confirmation indicators crucial before establishing new trading positions.
- Market awaits signs for potential DOT bounce or consolidation period.
- Polkadot Price Analysis: DOT Eyes $6.50 if Support Holds
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TheNewsCrypto
3w
21
Pendle Price Slides 7% as Potential Support at $3 Breaks, What’s Next?
- Pendle (PENDLE) experiences a 6% intraday drop to $3.31, significantly lower than its peak of $7.00 in late 2024.
- Technical indicators suggest strong bearish pressure with price below key EMAs and RSI at 36.65 in oversold territory.
- 50-day EMA at $3.8405 and 200-day EMA at $3.7444 act as dynamic resistance, indicating a bearish pattern.
- RSI at 36.65 signals continued selling pressure, with momentum favoring bears despite potential for a bounce.
- Imminent resistance levels for PENDLE are at $3.50 and $3.80, while support at $3.00 is crucial for preventing further decline.
- MACD indicator points to bearish divergence, and negative social sentiment adds to the overall negative outlook for PENDLE.
- Convergence of bearish signals indicates a downward trend for PENDLE, with support breach potentially leading to further decline to $2.50.
- Traders are cautioned to watch the $3.00 support level closely, with resistance expected at $3.50 and $3.80 for any bounce attempts.
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