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Bitcoin News
Livebitcoinnews
3h
157
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Binance recommends Earn Mining: Earn $7,600 a day through cloud mining
- Binance recommends Earn Mining for cloud mining, claiming potential daily returns of up to $7,600 or more based on computing power contracts.
- The platform aims to make cloud mining accessible to ordinary investors, offering a passive income model without manual effort.
- Earn Mining provides various contract options starting from $100 with daily earnings and settlement in multiple cryptocurrencies.
- The platform ensures security through partnerships with McAfee and Cloudflare, offering 24/7 live technical support and a user-friendly interface for managing investments.
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Bitcoinchaser
3h
158
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Champions League Raffle: Roobet Offers $25K BTC Prize Pool
- Crypto sportsbook Roobet is hosting a Champions League Raffle with a $25,000 BTC prize pool for the upcoming final between PSG & Inter Milan on May 31.
- To join the raffle, participants need to place a single bet of $50 or more on the Champions League Final at Roobet, with 100 winners receiving an equal share of the prize pool paid out in Bitcoin.
- Key terms and conditions include opting in before placing the bet, only bets on the final being eligible, and results and payouts being announced on June 2.
- Participants have a chance to add excitement to the match and win prizes through the Champions League Raffle at Roobet, with additional promotions available for new users on the site.
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TechBullion
3h
276
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Best Crypto Hedges for June’s First Week
- Traders are focusing on XRP, SOL, DOGE, and YETIO tokens as best crypto hedges for the first week of June.
- XRP offers stability amid regulatory concerns and potential upside on settlement prospects with a price of $2.19.
- SOL presents strong fundamentals despite short-term volatility with DEX volume and ecosystem growth indicators.
- DOGE shows a cup-and-handle pattern potential for a 1,000% leap, hinging on social sentiment and options liquidity.
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Newsbtc
4h
175
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Ethereum Daily Gas Usage Hits New Highs – Real Demand Powers ETH Growth
- Ethereum is consolidating just below the $2,700 resistance level, facing volatility in the market.
- Ethereum's daily gas usage has been rising steadily since 2016, indicating real and growing demand for the cryptocurrency.
- Despite market uncertainties, Ethereum's fundamentals show strength, supporting its role in decentralized finance and smart contracts.
- If Ethereum can break above the $2,700 level, it may signal a broader move towards retesting higher resistance levels, potentially starting a bullish trend.
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Bitcoinchaser
4h
91
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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.
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Cryptoticker
4h
643
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.
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Cryptopotato
4h
427
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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.
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Coindoo
4h
347
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.
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Coin Telegraph
4h
333
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Digital euro, not MiCA, key to managing crypto risks: Bank of Italy chief
- Bank of Italy chief Fabio Panetta emphasizes the importance of digital euro in managing risks from increasing cryptocurrency adoption.
- Panetta believes that European Union needs to progress with central bank digital currency (CBDC) project to ensure financial stability and meet demand for secure digital payments.
- MiCA regulation has limited impact on stablecoin issuance in the EU, with little interest in Italy. Panetta calls for stronger international cooperation to mitigate risks from foreign platforms.
- Panetta asserts that a digital euro backed by the central bank is crucial in the evolving payment landscape, offering necessary trust and functionality. ECB Executive Board also supports digital euro launch.
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TronWeekly
4h
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.
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Cryptoticker
5h
655
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.
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Coin Telegraph
5h
722
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.
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Crypto-News-Flash
5h
28
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.
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Bitcoinist
5h
142
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.
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Bitcoinsensus
5h
93
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.
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