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Bitcoin News
Livebitcoinnews
4d
390
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Ross Ulbricht Receives 300 BTC Donation Post-Auction
- On June 1, 2025, Ross Ulbricht received a donation of 300 BTC valued at $31.4 million after his belongings were auctioned for $1.8 million in Bitcoin.
- The donation came from wallets using the Jambler service, raising questions about the source of the funds and the donor's intentions.
- Ulbricht's auction of personal items for $1.8 million in Bitcoin showcased community support, following his first public appearance at the Bitcoin 2025 conference.
- The origin of the 300 BTC donation remains unclear, leading to speculation about potential reasons behind the significant contribution to Ulbricht's wealth.
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Livebitcoinnews
4d
61
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South Korea Moves Toward Crypto Adoption Beyond Election Results
- Both presidential candidates in South Korea support spot crypto ETFs and relaxed regulations to boost crypto adoption.
- South Korea's Financial Services Commission (FSC) lifted a ban on institutional trading and allowed nonprofits to trade crypto.
- Lee Jae-myung proposes a won-based stablecoin to combat capital outflows, which he attributes to foreign stablecoins.
- The FSC aims to have corporate crypto trading operational by the end of 2025, with a focus on real-name accounts and anti-money laundering measures.
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3 Likes
TheNewsCrypto
4d
109
Fed Rate Cuts Remain Uncertain After Powell’s Speech
- Bitcoin rose above $104K after Powell's speech without revealing the economic outlook.
- Traders are uncertain about rate cuts despite a high chance of no change in June.
- Fed may postpone rate cuts unless Trump's tariffs are retracted, as suggested by Goolsbee.
- Bitcoin slightly increased following Powell's speech, with impending observation of Fed's policy adjustments before the June meeting.
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6 Likes
Zycrypto
4d
122
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Michael Saylor’s Strategy Grows Bitcoin Stash To Over $60 Billion With New Buy
- Strategy, formerly MicroStrategy, has purchased $75 million worth of Bitcoin, increasing its total reserve to 580,955 BTC valued over $60 billion.
- The company acquired Bitcoin at an average price of $70,023 per Bitcoin, making it the world's biggest corporate holder of Bitcoin, equivalent to around 2.9% of Bitcoin's total 21 million supply.
- Strategy funded the recent purchase by selling $74 million worth of preferred stock through equity offerings. Despite facing a lawsuit, the company remains focused on expanding its Bitcoin holdings.
- Bitcoin's price experienced a dip of 5.2% over the last week, currently trading above $104,000. Strategy's unrealized gains from Bitcoin have surpassed $20 billion, influencing other companies like Semler Scientific to also invest in Bitcoin.
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Livebitcoinnews
4d
202
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SHIB Price Outlook & XMR Price Jump, but Web3 ai’s $WAI Token Could Outrun Both
- Shiba Inu (SHIB) price remains steady with potential growth due to upcoming Shibarium upgrades and token burns, while facing resistance.
- Monero (XMR) price surges past Toncoin, eying $500, driven by increasing demand for privacy-focused assets amidst strong technical momentum.
- Web3 ai's $WAI token gains attention as it powers an AI trading suite with entry signals and risk alerts, offering potential value with utility-driven approach.
- $WAI's predictive AI assistant and upcoming tools showcase potential for reshaping crypto decision-making, with a presale price of $0.000402 and a confirmed listing price of $0.005242.
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11 Likes
Livebitcoinnews
4d
402
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Strategy Buys 705 BTC for $75.1M, Extends Bitcoin Buying Streak
- Strategy purchased 705 BTC for $75.1 million, extending its eight-week streak of Bitcoin purchases.
- Strategy now holds 580,955 BTC, valued at over $60 billion, with a YTD yield of 16.9%.
- The latest BTC acquisition was funded by selling preferred stock, with no Class A common stock sold.
- Bitcoin ownership by companies is increasing, with Strategy leading as the world's largest corporate Bitcoin holder.
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24 Likes
Livebitcoinnews
4d
179
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Unstaked Targets $1: While HYPE Holds Support and PEPE Sentiment Climbs
- Unstaked, with its utility-driven model and focus on sustainable growth, aims to be the best crypto platform in the future, potentially reaching $1 by 2027.
- Hyperliquid (HYPE) has shown significant traction, with a price near $34.74 and crucial support at $30.41, amid high open interest and TVL.
- While HYPE's momentum has slowed based on technical indicators, the Ichimoku Cloud structure still favors bulls for a potential leg up.
- Pepe (PEPE) saw a sentiment rise after a viral post by Donald Trump, potentially targeting $0.0000168 with increasing bullish signs in derivatives.
- Unstaked, in its presale at $0.01043, offers a unique Proof of Intelligence system rewarding user engagement and value demonstration.
- With over $8.5 million raised, Unstaked's AI-powered platform incentivizes active participation and continuous learning, positioning it as a serious contender.
- Unstaked's utility-driven approach, community governance, and sustainable growth mechanics distinguish it in a market often driven by hype.
- The project's long-term strategy includes integrations in AI, GameFi, and decentralized infrastructure, signaling a strong ecosystem development.
- Unstaked's $1,000,000 Gleam competition encourages meaningful community growth, with 20 winners set to receive $50,000 each in $UNSD tokens.
- In the crypto landscape, Unstaked's emphasis on value creation and utility over hype positions it as a promising project for long-term success.
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10 Likes
Bitcoinmagazine
4d
297
Reitar Logtech Announces $1.5 Billion Bitcoin Acquisition Plan
- Reitar Logtech Holdings Ltd. has announced plans to purchase up to $1.5 billion worth of Bitcoin as per a filing with the U.S. Securities and Exchange Commission.
- The strategic Bitcoin acquisition aims to enhance Reitar's treasury reserves and support global expansion in logistics technology infrastructure.
- By incorporating Bitcoin into its financial strategy, Reitar Logtech seeks to benefit from Bitcoin's liquidity, 24/7 markets, and hedge against inflation and currency devaluation.
- This move aligns Reitar with other international firms using Bitcoin as a reserve asset and reflects a broader trend of corporations adding Bitcoin to their balance sheets.
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17 Likes
Coindoo
4d
268
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Bitcoin Could Hit $3 Million, Says Fundstrat’s Tom Lee
- Tom Lee from Fundstrat predicts that Bitcoin could hit $3 million in the long run, considering its tight link to global liquidity trends and expectations of a dovish Federal Reserve in 2026.
- Lee maintains a short-term target range of $150,000–$250,000 for 2025, highlighting the strength in Bitcoin's setup due to increasing liquidity and limited new supply.
- In the long term, Lee envisions Bitcoin potentially matching or surpassing gold's total market value, suggesting a price target of $1.2 million to $3 million, exceeding gold's worth in the years to come.
- Lee's optimistic outlook is based on Bitcoin's potential scarcity and global adoption, emphasizing that these high price targets are not immediate forecasts but reflect a multi-year perspective.
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16 Likes
Livebitcoinnews
4d
228
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Bitcoin’s Price Plateau May Funnel Smart Money Into These 3 High-Potential Coins
- Three altcoins—Sophon (SOPH), SUI, and FloppyPepe (FPPE)—are gaining traction as Bitcoin price stagnates.
- FloppyPepe (FPPE) offers exponential returns through unique Floppynomics and AI tools, attracting smart money.
- Sophon (SOPH) shows resilience with potential for smart money rotation, volatility and bullish trend noted.
- Sui (SUI) rises post-Cetus exploit, attracting institutional interest and showing breakout potential.
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13 Likes
Bitcoinist
4d
162
Image Credit: Bitcoinist
Bitcoin Accumulation Continues Despite ATH: Whales Add 78K BTC In 30 Days
- Bitcoin is currently trading above $105,000 after volatile retracement from its all-time high of $112,000.
- Large holders between 1,000 and 10,000 BTC have accumulated 200,000 BTC since March, showing confidence in Bitcoin.
- Whales added 78,000 BTC in the last 30 days, indicating continued accumulation despite market uncertainties.
- Bitcoin faces a pivotal phase amidst macroeconomic uncertainty, with $103,600 key support level to watch for further price movements.
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9 Likes
TronWeekly
4d
273
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Bitcoin Momentum Buyers Drop as Profit Takers Increase: Glassnode
- Bitcoin momentum is fading as profit-taking increases, indicated by a decline in Momentum Buyers and an increase in Profit Takers.
- The cryptocurrency’s price may be heading towards a sideways movement due to rising profit-taking and declining momentum.
- Investors are now selling more than they are buying, causing uncertainty about where Bitcoin’s price will move.
- Glassnode's analysis reveals a common sign of market tops where enthusiasm wanes, and selling increases, potentially leading to market stabilization.
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16 Likes
Pymnts
4d
264
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Stablecoin Issuer Circle Upsizes IPO, Seeks Valuation of $7.2 Billion
- Stablecoin issuer Circle increased its IPO price range from $24 to $26 per share to $27 to $28 per share.
- At the top end of the new price range, Circle aims to raise $896 million, seeking a valuation of $7.2 billion.
- Circle's IPO upsizing is attributed to its momentum in the stablecoin market, strong investor interest in crypto firms, and anticipation of favorable regulations.
- Circle plans to go public in New York later this week under the ticker symbol 'CRCL,' aiming to become the financial utility layer of the internet.
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15 Likes
Newsbtc
4d
191
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Ethereum Poised For A 5-Figure Breakout – Volatility Is Shaking ‘Weak Hands’
- Ethereum is struggling to break past the $2,500 mark amidst bearish momentum in the crypto market, raising concerns of a deeper correction.
- Analysts have mixed views on Ethereum's future, with some predicting a potential breakout to $10,000 while others emphasize the importance of accumulating during market weakness.
- Despite short-term uncertainty, long-term supporters are optimistic about Ethereum's prospects, citing rising institutional interest and ecosystem maturity as positive factors.
- Technical analysis shows Ethereum testing crucial support at $2,500, with resistance at $2,700 and indicators suggesting a potential breakout if bulls step in with volume.
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11 Likes
Bitcoinsensus
4d
252
Image Credit: Bitcoinsensus
Ethereum Price Prediction: Is the Real Move Still Coming?
- Ethereum recently surged without touching key liquidity points below, raising the likelihood of a potential reversal in the market.
- The price of Ethereum swept the highs, indicating a possible reversal pattern that could lead to a significant drop towards the key demand zone below.
- There is a significant amount of unclaimed liquidity below the current price level, potentially setting up for a drastic market reaction in the near future.
- While a demand zone below could act as a pivot point for Ethereum, the market remains unpredictable, making it crucial for traders to stay cautious and patient in their approach.
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