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NullTX

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Bitcoin’s Diverging Wallet Activity Hints at Potential Bullish Reversal Amid Market Volatility

  • Bitcoin's market cap is over $104,300 with diverging accumulation behavior seen in wallet activity.
  • Institutional investors appear to be accumulating more Bitcoin while retail investors are reducing their holdings.
  • Wallets holding 10+ BTC increased by 231 in 10 days, while wallets with 0.001 to 10 BTC decreased by 37,465.
  • Historically, this kind of divergence has signaled bullish market reversals in the past.
  • Open interest, indicating the value of active futures contracts, currently shows a moderate outflow of positions.
  • Analysts warn of a potential sharper BTC correction if open interest levels plunge further.
  • There is a disparity between sentiment and strategy in the Bitcoin market, with institutional investors steadily increasing their positions.
  • The current market dynamic suggests that small investors may be spooked by recent volatility.
  • Institutional investors are focused on long-term accumulation, showing belief in the value of Bitcoin beyond short-term price moves.
  • The conflict between elite and retail wallets could have broader implications for the future of Bitcoin.
  • Maintaining whale accumulation could lead to another price rally once confidence returns to the market.

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Pump.fun’s $1B Token Launch Sparks Hype, Scrutiny, and Backlash Across Crypto Community

  • Pump.fun is launching its own token, aiming to raise $1 billion in presale and have a $4 billion FDV.
  • The token design includes revenue sharing for holders, linking profits to a 1% buyback mechanism.
  • Token distribution: 25% for public sale, 10% for airdrops, and 65% unallocated but likely for team members and reserves.
  • Critics question the timing and structure of the raise, implying profit maximization over community empowerment.
  • The token auction and listing have been postponed multiple times, now expected in mid-July.
  • Some view the token launch as a chance to partake in the profits, while others see it as a prelude to a high-profile exit.
  • There are concerns about ecosystem sustainability, centralized control over token supply, and lack of vesting.
  • The token launch stirs controversy and speculation about Pump.fun's intentions and potential outcomes.
  • Investors and community members face the decision of whether the token launch signifies decentralization or a lucrative exit strategy.
  • The presale goal is $500 million with no vesting of funds, raising questions about the sincerity of decentralization efforts.
  • The article concludes by urging readers to conduct thorough research before engaging in cryptocurrency investments.

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Ethereum’s Bullish Momentum Builds as Whales and Institutions Bet Big on Long-Term Growth

  • Ethereum's fundamentals are strong, with increasing user activity and institutional accumulation poised for an altcoin rally.
  • The network sees 800K-1M new Ethereum addresses created weekly, showcasing sustainable growth and utility.
  • Whales are accumulating ETH, signaling confidence in future price moves and potential breakout.
  • Accumulation by whales hints at an approaching 'Altcoin Season' where altcoins perform well alongside Bitcoin.
  • Institutions are heavily investing in Ethereum, with 38 entities holding over $3 billion in ETH, signaling long-term bullish bets.
  • Key players like Ethereum Foundation and Coinbase hold significant amounts of ETH, integrating it into their operations.
  • Institutional interest adds legitimacy and stability to Ethereum, with long-term positions contributing to network strength.
  • Ethereum's stabilized price around $2,500 paired with institutional and whale involvement point towards a potential altcoin rally.
  • Current trends suggest Ethereum's upward momentum could lead to a broader altcoin market surge, attracting both analysts and investors.
  • A positive outlook on Ethereum's growth potential and increasing institutional capital influx sets the stage for a possible altcoin season.

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Altcoin ETFs on the Horizon: Analysts Predict a Major Shift for Crypto Markets in 2025

  • Bloomberg analysts predict a high chance of altcoin ETF approvals in the U.S. by 2025, signaling institutional adoption beyond Bitcoin and Ethereum.
  • Several altcoins like Litecoin, Solana, and XRP have a 95% likelihood of approval, followed by Dogecoin and Cardano at 90%.
  • The approval of spot Bitcoin ETFs in early 2024 has led to increased demand and price surges, setting the stage for new altcoin ETF products.
  • ETF approval offers improved transparency, market efficiency, and wider access to crypto investments, attracting institutional inflows and new investors.
  • Altcoin ETFs pave the way for broader acceptance and legitimacy of cryptocurrencies with regulatory oversight and wider accessibility through traditional investment accounts.
  • The trend of traditional finance embracing altcoins indicates a shift towards diversification beyond Bitcoin and Ethereum in investment portfolios.
  • 2025 could witness a surge in altcoin investment through upcoming ETFs, potentially leading to a breakout in the crypto market driven by altcoin dynamics.
  • The focus on altcoin ETF developments suggests a significant shift in the financial mainstream towards large-cap altcoins with innovative blockchain uses.
  • The diverse altcoin ecosystem, particularly Ethereum, Solana, and Ripple, could drive the next crypto breakout, fueled by ETF advancements.
  • Significant potential transformation is expected in the crypto market in the second half of 2025, with altcoin ETF approvals potentially doubling or tripling asset values.

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Chainlink Sees $220 Million in Token Transfers to Binance: What It Means for LINK Price and Market Sentiment

  • A Non-Circulating Supply address transferred 4.875 million LINK tokens, worth around $61 million, to Binance, sparking speculation in the crypto community.
  • This transfer is part of a larger wave of around $220 million worth of LINK deposits to Binance from Non-Circulating Supply wallets, raising concerns about possible short-term selling.
  • The sudden influx of LINK tokens onto Binance has led to renewed market volatility as traders react to the new supply situation, potentially impacting token prices.
  • Historical data suggests that significant unlocks of LINK and movements to exchanges do not always result in price declines; some unlock events were followed by price increases.
  • While Chainlink's fundamentals remain strong, short-term price movements are influenced by supply-and-demand imbalances, with over $200 million worth of LINK now available for sale on the exchange.
  • Traders and holders are monitoring the situation closely, with some viewing this as a potential buying opportunity and others hedging until the sell-side pressure stabilizes.
  • Big on-chain moves from previously dormant addresses indicate changes in sentiment and market structure; the recent uptick in LINK deposits signifies a new phase for the Chainlink token economy.
  • The community is uncertain whether the deposits indicate a short-term local bottom or a longer-term bearish trend, but the increased activity and token inflation rates are being closely observed.
  • It is important for investors to conduct thorough research before buying or investing in any cryptocurrency.
  • Follow us on Twitter @nulltxnews for updates on Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news.

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Teen Pleads Guilty to $245 Million Bitcoin Theft, Re-Arrested After New Crimes

  • A teenager pleaded guilty to a $245 million Bitcoin theft but was re-arrested for committing an additional $2 million theft while out on bond.
  • The teenager, Chetal, cooperated with authorities but was re-arrested for engaging in further illicit activities and discussing fleeing to India or Dubai, violating court orders.
  • Chetal was charged in November 2024 alongside co-defendants whom he met on a Minecraft server.
  • He forfeited luxury items and over $36 million in Ethereum, agreeing to cooperate against his associates, potentially facing a 19 to 24-year prison sentence.
  • Despite being released on bond, Chetal orchestrated a $2 million social engineering theft, tracing back funds to online gambling and a non-KYC exchange.
  • U.S. District Judge Colleen Kollar-Kotelly denied Chetal's request for re-release, citing his casual attitude towards crime and the significant flight risk he poses.
  • A dramatic twist occurred when Chetal's parents were targeted in a kidnapping attempt by six masked men, allegedly orchestrated by James Schwab, who had an altercation with Chetal previously.
  • Five of the six kidnappers have pleaded guilty, while Schwab pleaded not guilty.
  • Chetal's legal proceedings details were unsealed last week by a federal district judge.
  • Investigators discovered that Chetal tricked a New Jersey resident into revealing her crypto wallet seed phrase for the $2 million theft.
  • Chetal's IP address briefly leaked to his mother's address during a VPN failure, connecting him to the illicit activities.
  • The case involved high-stakes theft, cooperation with authorities, re-arrest, and a foiled kidnapping attempt.
  • Chetal's non-U.S. citizenship and attempts to plan travel abroad heightened concerns about him fleeing.
  • Prosecutors deemed Chetal a significant flight risk due to his documented attempts and lack of U.S. citizenship.
  • The post discusses the theft, subsequent crimes, legal proceedings, and the kidnapping attempt involving Chetal's parents and other suspects.

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Top 4 Crypto Coins for 2025: BlockDAG, Toncoin, Sui, & Cardano Gain Momentum

  • The competition to find the next top crypto coin to buy intensifies with projects like BlockDAG, Toncoin, Sui, and Cardano gaining traction due to real-world usage and measurable growth.
  • BlockDAG stands out for delivering real infrastructure and adoption at scale, achieving 800 transactions per second in its testnet and garnering financial backing with a long-term target of $10.
  • Sui files for a Nasdaq spot ETF, showing institutional interest, while Toncoin's AI expansion post-Telegram's bond issuance makes it appealing with projections reaching $9.60.
  • Cardano showcases strength with whale activity, potential Grayscale ADA ETF, and a strong developer base, positioning it as a top crypto coin to buy for long-term value seekers.
  • While Toncoin, Sui, and Cardano offer unique advantages, BlockDAG leads with proven progress, functional tech, user growth, and a successful presale, making it the top crypto coin to buy before its window of opportunity narrows.

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SEI PRICE ANALYSIS & PREDICTION (June 21) – SEI Signals Potential Bullish Move Following a 30% Recovery in a Week

  • SEI has shown strength with a daily surge and bullish market structure, forming a double-bottom pattern.
  • The cryptocurrency regained strength after reestablishing support above $0.15 and crossing a month resistance line.
  • Bulls are back in control on the daily chart, with a potential neckline breakout at $0.28.
  • SEI faces key resistance levels at $0.274, $0.347, and $0.434, while support levels are at $0.185, $0.159, and $0.13.
  • The spot price for SEI is currently at $0.22, with a bullish trend and high volatility.
  • The market sentiment is negative due to Bitcoin's recent price drop, potentially affecting SEI's movement.
  • SEI may experience a pullback to retest support at $0.185 before rebounding.
  • Investors are advised to conduct their research before engaging in cryptocurrency investments.
  • SEI's price prediction suggests a potential bullish move following a 30% recovery in a week.
  • The cryptocurrency market is volatile, and SEI's performance is closely tied to Bitcoin's price movements.
  • SEI's recent surge indicates a shift in momentum towards bullishness, with potential resistance and support levels outlined.
  • The daily chart shows signs of a positive trend for SEI, but caution is advised amidst market uncertainties.
  • SEI's strength and resilience in the face of market fluctuations indicate investor confidence in the cryptocurrency.
  • Follow SEI's price movements closely to make informed decisions about trading or investment strategies.
  • Overall, SEI's performance reflects a potential bullish trajectory, supported by technical analysis and market dynamics.
  • Eligible for Web Story: true

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FUNTOKEN PRICE ANALYSIS & PREDICTION (June 21) – Fun Faces Rejection After Exploding 50% Daily, Can it Resume Bullish?

  • After a significant price surge, Fun is currently extremely bullish on the daily chart but faced rejection after a 50% daily increase.
  • The market structure has shifted slightly due to increasing demand, with bulls aiming to reclaim the lost $0.01 level.
  • Key resistance levels for Fun are at $0.0084, $0.01, and $0.015, while key support levels are at $0.004, $0.0031, and $0.0026.
  • The spot price for Fun is $0.0064 with a bullish trend and high volatility.
  • A recovery above the daily rejected high of $0.0084 could lead to a potential surge to a new yearly high of $0.015.
  • However, a breakdown below the $0.0031 support level could result in a quick plunge to $0.0026.
  • Cryptocurrency sentiment has turned negative recently, posing a risk if the bulls lose control of the market.
  • The article concludes with a disclaimer that the content is not trading or investment advice and recommends conducting research before investing in cryptocurrencies.

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Garden Finance Founder Denies Allegations of Bybit Hack Involvement

  • Garden Finance founder denies allegations of Bybit hack involvement.
  • Controversy started with ZachXBT's accusations, countered by Gulati's reference to a 2024 post showing 30 BTC received prior to Bybit hack.
  • ZachXBT persists in claims, linking hack to DPRK and mentioning WazirX incident.
  • ZachXBT questions Garden Finance's legitimacy, labeled as 'fake decentralized bridge' by him.
  • Gulati refutes 'fake decentralized' label as misinformation.
  • Fresh accusation by ZachXBT alleges a single actor topping up cbBTC's liquidity for Chinese launderers post-Bybit hack.
  • Gulati is yet to address this serious accusation as the crypto community awaits a response.
  • Allegations are ongoing as the situation continues to unfold.

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Bitcoin’s Realized Price Soars: A Strong Indicator of Sustained Market

  • The Realized Price of Bitcoin has surged recently, indicating strong underlying demand and positive future price action.
  • The Realized Price calculates the average price at which every BTC last moved on the blockchain, serving as a proxy for the aggregate cost basis of the Bitcoin supply.
  • CryptoQuant's chart shows a significant increase in Realized Price from early 2024 through early 2025, aligning with a rally in Bitcoin's market price.
  • Market participants are trading at higher price levels, leading to a rise in Realized Price and reflecting increased market demand.
  • The continuous climb in Realized Price reflects investors' strong conviction to enter or add to positions even as Bitcoin's price rises.
  • This collective buying supports the network's cost basis, potentially creating a strong support level during market corrections.
  • CryptoQuant's report offers an optimistic outlook, suggesting that Bitcoin prices may reach higher peaks if the upward trend in Realized Price persists.
  • The upward trajectory of Realized Price during market consolidation or pullbacks highlights robust underlying demand for Bitcoin.
  • The strong Realized Price trend could support future price rally and potentially drive Bitcoin to new all-time highs.
  • Realized Price is a key metric for understanding long-term market sentiment and predicting price trajectories.
  • This report signifies the sustained market strength of Bitcoin amidst increasing Realized Price.
  • The outlook remains positive for Bitcoin's price action based on the analysis of Realized Price.
  • Investors' willingness to buy at higher price levels supports the overall market sentiment and demand for Bitcoin.
  • The continual rise in Realized Price indicates confidence among market participants despite market fluctuations.
  • The metric underscores the potential for Bitcoin to achieve higher price peaks in the future.
  • Understanding the Realized Price trend is essential for predicting Bitcoin's long-term market behavior and price movements.

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Next Big Crypto Coin: Why BlockDAG, Hyperliquid, Litecoin, & Dogecoin Are Heating Up Fast

  • BlockDAG, Hyperliquid, Litecoin, and Dogecoin are garnering attention as potential breakout altcoins in the crypto market due to their early strength and momentum.
  • BlockDAG sets itself apart by processing multiple blocks simultaneously, already achieving 800 transactions per second on its testnet with plans for 2,000+ on the mainnet.
  • Litecoin is gaining traction with a bullish setup, reaching for $130 with the potential resistance at $105, and the introduction of zero-knowledge tech enabling DeFi features.
  • Hyperliquid is making waves aiming for $50 and beyond, powered by a Layer 2 structure, low supply, and a sleek interface, with analysts targeting $80 in the long term.
  • Dogecoin is showing promise with a pattern-driven setup, anticipating a move towards $0.30 to $0.40 if it breaks the $0.25 neckline, also benefitting from renewed ETF speculation.
  • BlockDAG stands out with its live testnet, significant presale funds of $315 million, real mining hardware, and a substantial ROI, positioning it as a strong contender for significant growth in the crypto sphere.

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U.S. Launches Strikes on Iranian Nuclear Sites — Here is How Bitcoin Reacted

  • The U.S. launched strikes on Iranian nuclear sites, with all aircraft reportedly exiting Iranian airspace after completing the mission successfully.
  • Former President Trump praised the operation's precision, especially targeting Fordow as the primary site, calling for peace in the region.
  • Bitcoin reacted to the news by dipping 1% in the past 24 hours and 3.2% for the week, trading around $102,130 with a total market cap of $2.03 billion.
  • The drop in Bitcoin price is attributed to a broader risk-off sentiment as investors consider the potential escalation of conflict in the Middle East.
  • Analysts note that Bitcoin usually serves as a hedge in times of uncertainty, but sudden military events can lead to short-term volatility in all asset classes, including cryptocurrencies.
  • The future direction of Bitcoin's price will depend on how the geopolitical situation unfolds in the upcoming days.

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Ethereum Stalls Below $3,700, AVAX Finds Support While BlockDAG’s $0.0020 Window Nears Its June 20 Deadline

  • Ethereum (ETH) market structure is holding around $3,600–$3,650 with potential for $4,000 breakout as bullish momentum prevails.
  • Avalanche (AVAX) price action consolidates between $29.50 and $31, eyeing $32 resistance with support at $28 amidst ecosystem growth.
  • BlockDAG's presale gains momentum with real-world initiatives, $315M raised and upcoming hardware shipments and exchange listings.
  • ETH shows stability above 20-day EMA, while AVAX awaits catalyst for a potential breakout towards $33–$35 range.
  • Confidence in ETH's structure is slightly shaky after repeated key resistance rejections, but on-chain data supports accumulation.
  • AVAX benefits from subnet deployments and ecosystem development, with consolidation phase hinting at a possible breakout ahead.
  • BlockDAG's real-world approach with X30 and X100 miner shipments, U.S. sponsorship reveal, and exchange listings indicates significant progress.
  • BlockDAG's presale features a limited-time $0.0020 price, slated to increase to $0.0030 on June 24, driving anticipation and interest.
  • Hardware-backed ecosystem and rising batch model contribute to BlockDAG's appeal, with over $315M already raised and 23B BDAG sold.
  • Overall, Ethereum and Avalanche present stable trends with potential breakouts, while BlockDAG's proactive developments position it as a project to watch for explosive growth.

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Summer’s Best Token? Analysts Say Ruvi AI’s (RUVI) Audited Token Is Ready to Repeat DOGE Rally

  • Analysts are touting Ruvi AI (RUVI) as a potential contender to replicate Dogecoin's success, emphasizing its real-world utility and structured growth model.
  • Ruvi AI combines blockchain tech and AI to address marketing and entertainment challenges.
  • During Phase 2 of its presale, RUVI's token price is at $0.015, set to increase to $0.07 post-presale and potentially hit $1 post-launch.
  • Ruvi AI has raised over $1.9 million, sold 160 million tokens, and garnered 1,600+ holders in its successful presale.
  • The project offers VIP tiers with sizeable bonuses to early contributors for maximizing returns.
  • Ruvi AI emphasizes transparency and security, partnering with CyberScope for blockchain auditing and joining forces with WEEX Exchange for post-presale liquidity.
  • Ruvi AI's solutions cater to marketing and entertainment sectors, offering AI-driven tools for enhanced efficiency and revenue generation.
  • Compared to meme-centric Dogecoin, Ruvi AI focuses on real-world applications to ensure lasting value for token holders.
  • With a presale price of $0.015, a confirmed valuation of $0.07 per token, and a projected $1 token price, Ruvi AI presents potential for significant returns.
  • The project's partnerships and focus on tangible needs suggest a path to success beyond speculative hype in the crypto market.
  • Readers are advised to conduct independent research before engaging with Ruvi AI or any crypto-related actions, considering the inherent risks and volatility in trading cryptocurrencies.

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