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Bitcoin News
Livebitcoinnews
1w
87
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Discover the Best Cloud Mining Sites for Sustainable Crypto Mining Income
- Global Cloud Mining is a trustworthy platform for earning passive income through cloud mining of cryptocurrencies like Bitcoin, Dogecoin, and Litecoin.
- The platform offers automated mining machines and intelligent profit distribution to make mining accessible to users without technical knowledge.
- Global Cloud Mining aims to become a leading platform by 2025 by focusing on performance, transparency, and ease of use for users globally.
- With a global presence in over 200 countries, more than 4 million registered users, and advanced data center infrastructure, Global Cloud Mining provides a reliable and profitable cloud mining experience.
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Cryptopotato
1w
259
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Bitcoin (BTC) Profit-Taking Still Modest, No Sign of Bull Run Ending
- Bitcoin is currently trading below $106,000, leading some investors to cash out partial holdings to secure profits.
- New data indicates that profit-taking is modest compared to past market peaks, suggesting a possible short-term correction but not the end of the bullish trend.
- Accumulation trends by major Bitcoin holders and signals like NRPL and BCMI point towards continued strength in Bitcoin's rally with no clear indications of a shift to a downtrend.
- Whale buys of over 20,000 BTC in the last 48 hours, along with rising CryptoQuant's BCMI signal, indicate a potential market upside and early stages of an accumulation phase.
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TechCrunch
1w
187
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Elon dips from DOGE, and Silicon Valley enters the ‘find out’ stage
- Elon Musk steps down as a U.S. special government employee and the head of the Department of Government Efficiency (DOGE).
- Despite his departure, Musk emphasized that DOGE's mission will continue, having already made significant budget cuts and controversial decisions.
- TechCrunch's Equity podcast discussed the departures from DOGE and highlighted Silicon Valley's evolving relationship with politics.
- Other tech headlines covered in the podcast include GameStop's bitcoin purchase, Neuralink's funding raise, The New York Times and Amazon's AI licensing deal, and Nvidia's recent earnings.
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Livebitcoinnews
1w
309
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Top crypto to buy Now: BlockDAG’s $277M Surge, BNB, SUI, HYPE Updates
- BlockDAG's presale has raised over $277 million, offering a clear deadline before listings trigger broader exposure.
- BNB's price is at $670.54, with renewed confidence after the SEC dropped its lawsuit against Binance.
- SUI, trading at $3.48, is up 226% year-on-year, showing long-term potential despite short-term fluctuations.
- Hyperliquid's HYPE, priced at $33.52, rebounded after integration with Binance's leveraged contract, aiming for another high.
- BNB's legal win sets the stage for potential $1,000 to $2,000 targets, driven by ETF speculation and institutional interest.
- BlockDAG leads as the top crypto to buy with a scheduled June 13 reveal and strong infrastructure, setting it apart from others.
- SUI, though down 5%, maintains its long-term value potential due to scalability tech and developer engagement.
- Hyperliquid's HYPE remains near its all-time high, backed by a rapid climb in market cap and significant daily volume.
- BlockDAG's presale offers buyers a chance for potential gains, active user growth, and a closing window before listings go live.
- Amidst the coins mentioned, BlockDAG stands out with its infrastructure, scale, and timed pricing, positioning it as a top crypto pick.
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Bitcoinist
1w
112
Image Credit: Bitcoinist
Fresh Capital Keeps Pouring Into Bitcoin – Matching 2021 Bull Market Inflows
- Bitcoin experienced a 5% retracement from its recent all-time high of $112,000 but remains in a bullish trend, with on-chain data showing significant capital inflows similar to peak levels in November 2021.
- Investor demand for Bitcoin remains strong despite the price pullback, with ongoing inflow of fresh capital indicating growing confidence and interest in BTC as a hedge against inflation and financial instability.
- Technical analysis of Bitcoin's weekly chart suggests a healthy consolidation phase near key resistance levels, with the price holding above critical support zones and bulls aiming to reclaim $109,000 to resume the uptrend towards $120,000.
- Despite global macroeconomic uncertainties, including rising U.S. Treasury yields and geopolitical tensions, Bitcoin is positioning itself as a resilient asset, with potential for another explosive move if demand continues at current levels.
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TronWeekly
1w
58
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Bitcoin Fund Launched by Cantor Fitzgerald With Gold Shield
- Cantor Fitzgerald has launched a Gold Protected Bitcoin Fund, combining Bitcoin exposure with gold-backed downside protection.
- The fund aims to attract investors by offering uncapped Bitcoin gains while safeguarding against losses through a gold peg mechanism.
- This marks Cantor Fitzgerald's first Bitcoin-centered investment product, following its $2 billion Bitcoin collateralized loan initiative.
- The fund's unique dual-asset strategy blends the volatility of Bitcoin with the stability of gold, appealing to conservative and institutional investors.
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Gritdaily
1w
372
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Wealth Protocol: Where Bitcoin Meets Black Luxury
- LaQuida Landford founded AfroVillage PDX in Portland, focusing on community wellness and addressing racial disparities.
- AfroVillage led an initiative to provide wifi access to underserved communities and transform public transportation trains into a hub for the Black community.
- LaQuida launched Wealth Protocol, a fashion line blending luxury fashion with blockchain technology, featuring Bitcoin-inspired garments.
- Wealth Protocol's collection, displayed at MACQ in Cancun, aims to redefine luxury as a tool for empowerment and financial sovereignty for people of color.
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Coindoo
1w
372
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Trump Media Officially Raises $2.4B to Build Major Bitcoin Treasury
- Trump Media raised $2.44 billion, allocating $2.32 billion to build a Bitcoin treasury and for corporate purposes.
- This move positions Trump Media as one of the largest Bitcoin holders among U.S.-listed firms, signaling a strategic shift into the cryptocurrency space.
- Devin Nunes emphasized that the funding will accelerate the company’s growth and it will have over $3 billion in liquid assets, including Bitcoin holdings.
- Trump Media's bold treasury strategy strengthens its financial position and deepens cryptocurrency integration into mainstream U.S. capital markets.
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Cryptopotato
1w
171
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20,000 BTC Purchased in Just 2 Days by Whales: How Will Bitcoin’s Price React?
- BTC whales have returned, accumulating over $2 billion worth of the cryptocurrency in a short timeframe.
- Large investors bought more than 20,000 BTC in the past two days, with collective holdings over 4.7 million assets, representing around 23.7% of the circulating supply.
- Whale accumulation is seen as a bullish signal for a potential price rally, potentially inspiring smaller players to follow suit.
- Other bullish indicators include diminishing BTC supply on exchanges, positive exchange netflows on only seven of the last 30 days, and Bitcoin's Relative Strength Index (RSI) nearing oversold levels.
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Coinjournal
1w
246
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Conor McGregor calls for Bitcoin strategy in Ireland
- Conor McGregor suggests creating a national Bitcoin strategic reserve in Ireland to reduce financial corruption and boost sovereignty, drawing inspiration from El Salvador's Bitcoin model.
- McGregor's proposal aims to position Bitcoin as a foundational pillar for national monetary policy, acting as a hedge against inflation and traditional financial sector vulnerabilities.
- The idea has sparked debate online, with some praising McGregor's forward-thinking stance while others critique his reference to 'crypto' instead of Bitcoin specifically.
- Global momentum is building towards Bitcoin adoption, with Panama and El Salvador considering a regional Bitcoin alliance, indicating a broader shift towards Bitcoin-led economic reform in Latin America.
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Livebitcoinnews
1w
83
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Best Crypto to Buy Now: AAVE Tanks 15% — But Insiders Are Loading Up Fast!
- AAVE has experienced a rapid decline of over 15% in just four days, dropping from $283 to an intraday low of $240 on May 27.
- Despite the drop, insiders quickly intervened, pushing the price back to $254 before settling at $251, indicating confidence in AAVE.
- AAVE's collaboration with Pendle and Ethena has contributed to its positive momentum in the tokenized yield markets.
- Other cryptocurrencies gaining momentum include AurealOne, DexBoss, Pendle, and Ethena, identified as potential high-growth opportunities.
- AurealOne is a blockchain-based metaverse platform offering high transaction throughputs and innovative projects like DarkLume and Clash of Tiles.
- DexBoss is an all-in-one DEX platform focusing on simplifying trading experiences with high liquidity pools and professional tools.
- AAVE is highlighted as a powerful DeFi platform, enabling supply, borrow, swap, and stake functionalities with its native token AAVE.
- Pendle, a yield trading protocol, allows users to execute various yield-managing strategies through SY tokens, PT, and YT traded on the AMM.
- Ethena, a dollar protocol built on Ethereum, offers crypto-native solutions with its synthetic dollar USDe backed by assets like Bitcoin and Ethereum.
- Despite AAVE's recent dip, insiders are accumulating AAVE due to its collaborations and promising future prospects, making it a potential buy.
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Zebpay
1w
330
Image Credit: Zebpay
JD Vance Charts Pro-Crypto Future at Bitcoin 2025 Conference
- U.S. Vice President JD Vance announces a shift in regulatory approach towards crypto assets during the Bitcoin 2025 Conference.
- Vance advocates for stablecoin legislation and highlights Bitcoin's strategic importance for the nation's future.
- He calls for active political engagement from the crypto industry and the establishment of a Strategic Bitcoin Reserve.
- Market reflects confidence in Vance's pro-crypto policy outline with Bitcoin trading at around $107,800 and recent developments signaling alignment between digital strategies and capital markets.
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Coindoo
1w
104
Image Credit: Coindoo
Bitcoin Sweeps $106K Support, Consolidates Ahead of Potential Q3 Surge — Analysts Weigh In
- Crypto analyst Daan Crypto Trades highlights the importance of Bitcoin reclaiming its previous range for a positive setup, with potential targets of $110K–$112K.
- Founder of Derive, Nick Forster, views the current market behavior as 'healthy consolidation' rather than bearish, suggesting a period of recalibration before another notable rally.
- Forster believes that despite historical weakness in Bitcoin during Q3, this year could see a trend reversal due to regulatory clarity and institutional inflows.
- Factors like regulatory changes, institutional interest, and the Federal Reserve's interest rate decision on June 18 could drive exceptional Bitcoin performance in Q3, as suggested by Forster.
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Cryptopotato
1w
309
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BTC Price Pulls Back After Recent ATH Despite New Bitcoin Reserve Announcements: Weekly Recap
- Bitcoin's price retraced after reaching an all-time high of almost $112,000, facing resistance and dropping to under $105,000 over the past week.
- BTC price decline was less severe compared to other cryptocurrencies like DOGE, SOL, ADA, SUI, LINK, and AVAX, with DOGE leading the downward trend with an 8% decrease.
- Market data shows BTC at $105,630 (-2%), ETH at $2,590 (-2.9%), and XRP at $2.18 (-4.3%) with a total cryptocurrency market cap of $3.445 trillion.
- Recent headlines include the SEC dropping a lawsuit against Binance, Telegram's uncertain $300M xAI deal, BlackRock's Bitcoin ETF seeing inflow, and 100 million people expected to own BTC soon.
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Newsbtc
1w
4
Image Credit: Newsbtc
Analyst Predicts Big Drop For Bitcoin Price As Bearish Pressures Mount After $111,000 ATH
- Bitcoin reached an all-time high of $111,814 on May 22 but has since faced bearish pressures and failed attempts to break above this level.
- Recent price action has shown lower highs on the 4-hour timeframe, indicating a potential loss of bullish momentum according to technical analysis.
- There is a clear rejection pattern near the $111,000 to $112,000 zone, resembling a double top structure that could lead to a market reversal.
- Analysts project a potential drop to the $101,000 to $102,000 support zone for Bitcoin's price, with current trading at $105,272 and a focus on holding above $105,000 to avoid further decline.
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