A naukri.com initiative
Bitcoin News
Bitcoinchaser
2d
107
Image Credit: Bitcoinchaser
Join the Indian Cricket Lakhpati at Stake and Win Up to ₹1 Lakh
- Indian Cricket – Lakhpati on Stake promotion runs from May 28 to June 3 offering players a chance to win 1,00,000 Indian Rupees.
- To participate, players must place a minimum bet of ₹500 or $5 USD on Stake's original casino game Snakes using Indian Rupees or supported cryptocurrencies.
- 100 winners will be randomly selected and each will receive 1,00,000 INR, credited in cryptocurrency within 72 hours after the promotion ends.
- This promotion is only available for Indian residents and aims to enhance the excitement of Indian cricket playoffs while giving players a chance to win big rewards.
Read Full Article
6 Likes
Cryptoticker
2d
1.6k
Image Credit: Cryptoticker
Will Bitcoin Price Crash to $90,000?
- Bitcoin price is currently near $105,000 and showing signs of potential downtrend with a possible correction to $90,000.
- Technical analysis indicates weakening bullish momentum with resistance at $110,000 and support levels at $105,000 and potentially $102,000.
- Factors contributing to a possible price crash include US-China trade tensions, weak US economic data, and technical breakdown risks.
- Short-term traders are cautious, with a bearish bias prevailing unless Bitcoin price can reclaim $107,500 and macroeconomic conditions improve.
Read Full Article
24 Likes
Cryptopotato
2d
754
Image Credit: Cryptopotato
Crypto Whale Wynn Who Bet $1B on BTC Gets Liquidated for $118M Amid Price Dip
- Cryptocurrency trader James Wynn, who bet over $1 billion on bitcoin, has been liquidated for more than $118 million due to bitcoin's dip below $105,000.
- Wynn has been liquidated on four positions totaling 1,134 BTC and has an open position with 40x leverage on the DEX Hyperliquid with an unrealized loss of $4.7 million.
- Wynn's leverage long Bitcoin position increased to $1.25 billion, but bitcoin's decline led to his liquidation in multiple positions as the asset's price dropped.
- Wynn expressed his belief in buying and holding bitcoin in cold storage after his liquidation, stating that his experience exposed corruption in the crypto markets.
Read Full Article
4 Likes
Coindoo
2d
779
Image Credit: Coindoo
Crypto Market Sentiment Dips as Fear and Greed Index Slides to 61
- The Fear and Greed Index in the crypto market has decreased to 61, indicating a moderation in investor sentiment compared to previous days.
- The index has fallen from 65 yesterday and 76 last week, showing a downward trend in bullish momentum despite overall positive sentiment.
- Yearly extremes of the index include a high of 88 (Extreme Greed) and a low of 15 (Extreme Fear) on specific dates.
- The dip in sentiment may be attributed to factors such as recent ETF outflows, altcoin losses, and growing caution due to uncertain macroeconomic and regulatory developments.
Read Full Article
2 Likes
TronWeekly
2d
0
Image Credit: TronWeekly
Crypto Market Heat: New Tokens, U.S. Court Ruling, and JD Vance’s Bold Moves
- Santiment reports that new crypto token launches, political shifts, and early adopters are shaping market mood.
- The LOUD token’s upcoming launch and presale process are creating excitement among traders.
- Nvidia’s 69% revenue growth and rising stock value have further strengthened its position in the global market, including crypto.
- The crypto industry is abuzz with new token launches, a U.S. court ruling affecting trade policy, and JD Vance's advocacy for crypto-friendly regulations.
Read Full Article
Like
Blockonomi
2d
317
Image Credit: Blockonomi
Why Is the Crypto Market Down Today?
- $656M in crypto liquidations hit markets, with long positions taking the biggest losses
- Bitcoin options expiry worth $11.5B added volatility and triggered major sell pressure
- U.S.-China trade tensions reignited investor caution and risk-off behavior in crypto
- Bitcoin breached key 50- and 200-day MAs, signaling short-term bearish technical momentum
Read Full Article
19 Likes
Cryptoticker
2d
1k
Image Credit: Cryptoticker
Crypto News Today – May 2025 Roundup: What's Coming in June?
- The U.S. SEC has dropped its lawsuit against Binance and Changpeng Zhao, signifying a shift towards a pro-crypto stance by the U.S. government.
- The GENIUS Act, aimed at regulating stablecoins in the U.S., has passed in the Senate with key provisions such as fiat reserves, audits, and licensing, expected to become law soon.
- Hong Kong has implemented a stablecoin licensing law to provide regulatory clarity and attract global crypto firms, aligning with its goal to be a Web3 innovation hub.
- Nigel Farage's Reform UK proposes pro-crypto legislation for London, including a capital gains tax on crypto and policies to establish the city as a global crypto hub.
Read Full Article
21 Likes
Coin Telegraph
2d
1.2k
Image Credit: Coin Telegraph
Bitcoin bull market 'great validator' comes as James Wynn loses $100M
- Bitcoin profit-taking is ongoing, but it could sustain the bull market according to Santiment research.
- Market not affected by short-term speculation as coins are spending less time in wallets.
- Hyperliquid's James Wynn lost $99 million as he could not profit from his long BTC position.
- Despite profit-taking, Bitcoin is expected to have continued upside as indicated by falling MDIA metric.
Read Full Article
23 Likes
Crypto-News-Flash
2d
32
Image Credit: Crypto-News-Flash
Bitcoin Quietly Exits Exchanges as Bullish Signals Build Up
- Bitcoin is being withdrawn from exchanges, indicating a shift in trader sentiment as more Bitcoin is being withdrawn than sent in.
- Market taker buys are dominating, showing strong buying interest in the spot market with USDT reserves on exchanges also increasing.
- While positive signals are seen in on-chain data and strong liquidity support, technical outlook remains cautious with BTC showing a double-top pattern.
- Average trader profit figure of 27% needs monitoring as a break above 40% could signal overheated market conditions. BTC price stood at about $105,527 with high transaction volume.
Read Full Article
1 Like
Bitcoinist
2d
163
Image Credit: Bitcoinist
Nigel Farage To Establish Bitcoin Reserve As Potential Next UK Prime Minister
- Nigel Farage, a potential UK Prime Minister candidate, revealed plans to establish a Bitcoin reserve within the Bank of England if elected during the Bitcoin 2025 conference in Las Vegas.
- Farage aims to combat 'debanking' by allowing individuals to trade legal crypto without the risk of having their accounts closed, positioning the UK as a leader in the global crypto ecosystem.
- He criticized past UK governments for lagging in embracing digital finance and emphasized the need for a crypto revolution to bring the country into the 21st century.
- Farage strongly opposes the development of a British CBDC (Central Bank Digital Currency), citing concerns about government control and surveillance over individuals' financial lives.
Read Full Article
9 Likes
Bitcoinsensus
2d
107
Image Credit: Bitcoinsensus
Bitcoin Price Prediction: After the Drop, What Happens Now?
- Bitcoin price recently followed a predicted path of rejection from supply, reaction to demand, and a liquidity sweep.
- Currently, the price is in a demand zone with potential upside liquidity, but there is uncollected liquidity below to watch out for.
- No trading setup is 100% certain, so patience and waiting for confirmations are advised to let the price reveal its direction.
- The article highlights the recent movements in Bitcoin price, from tapping into a supply zone to reacting with a sell-off into demand, and the importance of monitoring liquidity for potential trading decisions.
Read Full Article
6 Likes
Bitcoinist
2d
8.8k
Image Credit: Bitcoinist
Bitcoin Profit Taking Explodes: 12x More Gains Than Losses Hitting Exchanges
- On-chain data shows that the ratio between Bitcoin profit and loss being sent to exchanges is approaching euphoric bull market levels.
- The volume of deposits and withdrawals to exchanges has been increasing recently, indicating rising demand for trading activity among investors.
- The average profit from exchange deposits on the Bitcoin network is 12 times larger than losses, aligning with behaviors typically seen in energetic stages of previous bull markets.
- As of now, Bitcoin is priced around $105,800, down nearly 5% in the last seven days.
Read Full Article
14 Likes
Cryptopotato
2d
246
Image Credit: Cryptopotato
Bitcoin (BTC) Benefits from Bullish Bets, Altcoins Punish the Optimists
- Bitcoin has benefited from bullish bets, whereas altcoins have punished optimists in the market.
- There is a growing disconnect in risk appetite between Bitcoin and altcoins, leading to heavy losses for those optimistic about altcoins' performance.
- Investors positioned for Bitcoin's rally saw success, while those optimistic about altcoins faced strong liquidations and downward pressure in the market.
- Some altcoins like GRASS, PENDLE, ONDO, ENA, and SEI are highlighted as potential candidates for significant surges if market momentum continues, despite the broader underperformance in the altcoin market.
Read Full Article
14 Likes
Crypto-News-Flash
3d
341
Image Credit: Crypto-News-Flash
Paris Saint-Germain Adds Bitcoin to Treasury, Marking Crypto Milestone in Sports
- Paris Saint-Germain (PSG) adds Bitcoin to its financial reserves, making it one of the first major sports clubs to hold the cryptocurrency.
- PSG's move to include Bitcoin in its treasury assets sets it apart from other clubs that have focused on short-term crypto initiatives such as fan tokens and NFTs.
- The club aims to connect with a younger, digitally-savvy audience through its involvement in the crypto ecosystem and plans to support Bitcoin entrepreneurs.
- Pakistan also announced plans to launch a national Bitcoin reserve and allocate surplus electricity for Bitcoin mining, following initiatives in the U.S. to establish crypto reserves.
Read Full Article
20 Likes
Coin Telegraph
3d
389
Image Credit: Coin Telegraph
Why is Bitcoin price down today?
- Bitcoin price fell 2.7% over the last 24 hours to $105,000 amid waning investor demand.
- Bitcoin's drop on May 30 triggered more than $210 million in long BTC liquidations.
- A bearish divergence from the RSI signals a reduction in bullish momentum.
- Bitcoin's price drop is attributed to concerns over US-China trade talks, with increased trading volume suggesting heightened sell-side activity.
Read Full Article
23 Likes
For uninterrupted reading, download the app