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Bitcoin News
TheNewsCrypto
3d
104
Bitcoin Drops to $103K and Altcoins Tumble; CRO Defies Trend
- Bitcoin price drops to a multi-week low of $103,000, marking a 1.59% decrease in the last 24 hours, leading to a decline in altcoins like ETH, XRP, DOGE, SOL, ADA, and more.
- Cronos (CRO) stands out by gaining over 17% and trading near $0.11, going against the market trend where Bitcoin touched $112,000 on May 22 but couldn't maintain the momentum.
- Altcoins ETH, XRP, DOGE, SOL, ADA, SUI, LINK, AVAX, and others experienced notable drops, with lower market cap altcoins like ENA, INJ, VIRTUAL, and PEPE dropping by double digits.
- The overall crypto market faced a loss of $200 billion in the last two days, currently standing at $3.360 trillion, with specific altcoins facing significant losses while Cronos (CRO) recorded substantial gains amidst the market turmoil.
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Bitcoinist
3d
44
Image Credit: Bitcoinist
Mining On Wheels: Gemini Powers Bitcoin With A Cybertruck
- Gemini brought a Tesla Cybertruck named the 'Cyberbeast' to the Bitcoin 2025 Conference, showcasing a live Bitcoin mining demo.
- The Cybertruck powered a Bitaxe Gamma miner through its own battery pack, connecting over Wi-Fi and needing a normal household outlet only.
- Over 10,000 open-source Bitaxe miners sold by Solo Satoshi in April added more than 10 petahashes to the global Bitcoin network.
- Gemini linked the Cybertruck mining demo to a sweepstakes for two Cybertrucks valued at $113,735 each, encouraging entries through Gemini Credit Card use or trading on the Gemini Exchange.
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TheNewsCrypto
3d
16
Brad Lander Slams Mayor Adams’ Risky Bitcoin Bond Plan
- New York City Comptroller, Brad Lander, criticizes Mayor Adams' plan to introduce municipal bonds supported by Bitcoin, citing financial risks and loss of investor confidence.
- Lander stated he would not allow New York City to issue crypto-associated debt tools under his tenure, emphasizing the instability of virtual assets for funding city infrastructure, housing, or schools.
- The proposed BitBond model includes bondholders earning a 1% annual interest rate for 10 years, with a share of Bitcoin price gains upon maturity. 90% of the funds would be allocated to government spending and 10% for a strategic Bitcoin reserve.
- Mayor Adams' lack of details on the functioning of the BitBond raised concerns, as traditionally, the city issues bonds for capital assets and under strictly defined circumstances for other purposes.
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Coindoo
3d
8
Image Credit: Coindoo
Czech Justice Minister Resigns Over Controversial Crypto Gift from Drug Trafficker
- Czech Justice Minister resigned after receiving a controversial crypto gift from a drug trafficker, which was later sold by the ministry for $45 million.
- Blažek maintained innocence and claimed unawareness of any illegal activity, but resigned to prevent further damage to the government's reputation.
- Czech prosecutors are investigating the origins of the Bitcoin donation, allegedly from a known criminal previously convicted on drug charges.
- Prime Minister Fiala defended Blažek's intentions but accepted the resignation as responsible amidst public scrutiny, with national elections approaching and Fiala's coalition lagging in polls.
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Livebitcoinnews
3d
341
Image Credit: Livebitcoinnews
XRP Supply on Exchanges May Vanish by 2030
- XRP exchange supply may vanish by 2030 due to decreasing availability on exchanges and rising demand for cross-border payments.
- Factors driving the supply shock include decreasing XRP Ledger activity, increasing demand from Ripple's partnerships with banks, and transaction burns reducing available tokens.
- Predictions suggest XRP could reach $10-$20 by 2030 if adoption continues to grow, with some analysts predicting even higher prices.
- Technical indicators remain bullish for XRP, with the possibility of price reaching $3.00 soon, supported by potential XRP ETF approval and increasing importance in the payments sector.
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Coindoo
3d
205
Image Credit: Coindoo
Bitcoin Mimics Previous Fractal as Analyst Eyes $175,000 Target
- Analyst predicts a potential breakout in Bitcoin towards $175,000 based on weekly chart trends.
- Bitcoin is currently overextended from the yellow moving average, indicating a potential price consolidation before the next upward move.
- Technical analysis suggests Bitcoin may surge to $175,000 if historical fractal patterns repeat, with upside targets at $126,257 and $171,287.
- Forecast indicates a peak in Bitcoin price in August or October 2025, aligning with past cycle extensions, but external factors could also influence the market trajectory.
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TheNewsCrypto
3d
273
Nigel Farage Makes Trump-Style Promises on Crypto at Bitcoin 2025
- UK Reform Party leader Nigel Farage promises to lower crypto capital gains tax to 10% and establish a Bitcoin reserve at the Bank of England.
- Farage's crypto promises in his UK Prime Minister race are likened to Donald Trump's approach.
- UK Reform Party now accepts donations in Bitcoin, Ethereum, Solana, and USDC.
- Nigel Farage outlined his crypto plans at the Bitcoin 2025 Conference, aiming to shape the UK's crypto landscape with new legislation and support for crypto adoption.
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Cryptopotato
3d
394
Image Credit: Cryptopotato
Crypto Markets Shed $200B in 48 Hours as Bitcoin Dumps to 12-Day Low (Weekend Watch)
- Bitcoin's price has dropped to a 12-day low of $103,000, following tension escalation between the US and China.
- Altcoins such as SUI, LINK, DOGE, SOL, ADA, and more have experienced significant price drops, except for CRO which surged in price.
- Bitcoin failed to sustain its momentum after reaching almost $112,000 last Thursday, dropping to around $103,000 in response to US-China trade tensions.
- The total cryptocurrency market cap lost around $200 billion in 48 hours, with Bitcoin's dominance over altcoins increasing to 61.3%.
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Bitcoinist
3d
209
Image Credit: Bitcoinist
Bitcoin Difficulty Set for Another Jump—How High This Time?
- Bitcoin network's Difficulty is set to increase in the upcoming adjustment, estimated to reach a new all-time high.
- The Difficulty feature on the Bitcoin blockchain ensures a constant rate of block addition by miners to control the supply and block subsidy rewards.
- The automatic Difficulty adjustments occur approximately every two weeks to maintain a consistent pace of a block every 10 minutes.
- The upcoming Bitcoin Difficulty adjustment is estimated to increase by about 4.35%, potentially setting a new record at 126.95 terahashes.
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Livebitcoinnews
3d
193
Image Credit: Livebitcoinnews
Bubblemaps V2 Powers Up with Live Blockchain Tracking
- Bubblemaps V2 has launched, offering instant on-chain analysis and access to data from six important blockchains.
- New features like Magic Nodes and Time Travel provide simple visualization of wallet links and historical token distribution, aiding in identifying suspicious activities.
- The platform requires no coding and aims to simplify the understanding of the cryptocurrency world for Web3 users.
- Backed by various blockchain companies, Bubblemaps V2 enhances transparency in the industry and supports Solana's goal of providing reliable data tools for navigating the ecosystem.
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Livebitcoinnews
3d
189
Image Credit: Livebitcoinnews
Saylor Unveils Bold Bitcoin Vision at Bitcoin 2025 Vegas
- Michael Saylor, Executive Chairman of Strategy, presented at Bitcoin 2025 Conference in Las Vegas, calling Bitcoin 'perfected capital' and emphasizing its potential global economic impact.
- Strategy holds 580,250 BTC, valued at over $40 billion as of May 25, 2025, with significant returns on investment.
- Saylor highlighted Bitcoin's role in economic freedom, advocating for its adoption by individuals, companies, and even governments like the U.S., proposing a Strategic Bitcoin Reserve.
- Saylor discussed future integration of Bitcoin with AI, envisioning AI agents using Bitcoin as a primary currency by 2045, and predicted regulatory clarity for digital currencies to drive mainstream adoption by the end of 2025.
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Livebitcoinnews
3d
52
Image Credit: Livebitcoinnews
WIF Climbs Past $1B, HYPE Price Surges But Punisher Coin’s Meme Machine Turns Memes Into Money
- The HyperLiquid (HYPE) market outlook remains positive with $10.1 billion in open interest and $3.5 billion in USDC TVL, displaying strength despite a security incident.
- Dogwifhat (WIF) experiences an 8% surge in price action, propelling it ahead in dog-themed meme coins and making it a popular crypto.
- Punisher Coin ($PUN) emerges as a unique project with real rewards, meme creation tools, a War Room offering exclusive perks, and a strategic plan beyond just hype.
- $PUN's Punisher Missions engage holders in challenges for USDT rewards and $PUN tokens, fostering an active community.
- The Mean Meme Machine allows users to generate viral memes, enhancing $PUN's visibility and offering incentives for quality content creation.
- With stage-based presale pricing, $PUN positions itself with a climbing presale price aiming for $0.045, setting it apart with a deflationary model and consistent engagement strategies.
- HyperLiquid (HYPE) hits a record high in open interest, USDC TVL, and token price, reflecting trader confidence and continuous growth.
- Regulatory involvement by HyperLiquid Labs showcases a commitment to compliance and engagement with the CFTC, augmenting market strength and reliability.
- Dogwifhat (WIF) sees significant price action with an 8% rise, surpassing major meme coins and hinting at growing interest in Solana-based projects.
- WIF's movement stands out by outperforming Dogecoin and Shiba Inu, showcasing potential as one of the top contenders in the meme coin space.
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Livebitcoinnews
3d
20
Image Credit: Livebitcoinnews
Thailand SEC to Ban Bybit, OKX, Others From June
- Thai SEC to ban Bybit, OKX, and other exchanges from operating in Thailand starting June 28, 2025, due to lack of licenses.
- Unlicensed crypto exchanges, including CoinEx, Bybit, OKX, 1000X, and XT.com, found to violate Thai laws and will cease operations.
- Thailand's SEC aims to prevent money laundering and ensure investor safety by blocking unauthorized crypto exchanges operating in the country.
- Investors are advised to withdraw funds from affected exchanges by the deadline and to only use licensed platforms to avoid legal consequences.
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Bitcoinist
3d
269
Image Credit: Bitcoinist
Vive Le Bitcoin! French Football Giant Embraces Crypto As Treasury Reserve
- Paris Saint-Germain becomes the first top-tier football club to add Bitcoin to its financial reserves by converting part of its cash holdings into BTC last year.
- The move signifies a shift towards owning crypto as an asset rather than issuing fan tokens or NFTs.
- PSG aims to stay connected with its 550 million global fans, especially the younger demographic, by incorporating Bitcoin into its financial strategy.
- PSG Labs, the special unit of the club, plans to support early-stage crypto startups and leverage its large fan base and strong sponsor relationships.
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99Bitcoins
3d
394
Farage Calls for Bitcoin Reserve and an End to Crypto Bank Bans
- Nigel Farage proposed a "Crypto Assets and Digital Finance Bill" at the Bitcoin 2025 conference in Las Vegas.
- His plan includes reducing capital gains tax on crypto profits to 10% to enhance compliance.
- Farage suggested creating a Bitcoin reserve at the Bank of England for financial security.
- He aims to prevent banks from discriminating against legal crypto users, drawing from his own experience.
- Reform UK, led by Farage, now accepts crypto donations and plans to explore innovative financial solutions.
- Amid global economic tension, Farage's crypto-focused proposals aim to make the UK a digital asset hub.
- The move to include crypto in national politics indicates a shift towards mainstream acceptance.
- Farage's emphasis on crypto in political discourse may prompt other parties to engage with the topic.
- His initiative aligns with the growing interest in alternative financial systems amidst market uncertainties.
- By advocating for crypto reforms, Farage is pushing for broader acceptance of digital assets in the UK.
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