A naukri.com initiative
Cryptography News
Cryptoticker
3w
79
Image Credit: Cryptoticker
Bitcoin Price USD Outlook: Will $100K Hold or Is a Deeper Breakdown Coming?
- Bitcoin is currently trading around $104,781, testing its 200 EMA on the 4-hour chart at $104,861.
- BTC is in a descending triangle pattern, with lower highs as resistance and a support zone near $103,343.
- The RSI is around 45, indicating neutral momentum with no bullish divergence and weak price action near the triangle's lower edge.
- A failure to hold above $103,343 could lead to a quick drop towards $100,000, a key psychological support with potential for further correction to $97,000–$95,000.
- Alternatively, a bounce from the 200 EMA or a breakout above $107,000–$109,000 could negate the bearish scenario, targeting retests of $110,000 and new highs above $112,000.
- For traders, a short setup involves entering on a breakdown below $103,300 with targets at $100,000 and $97,000 and a stop-loss at $105,800.
- On the other hand, a long setup entails entering on a confirmed breakout above $107,000 with targets at $109,000 and $112,000 and a stop-loss at $104,000.
Read Full Article
4 Likes
Coindoo
3w
75
Image Credit: Coindoo
South Korea’s Central Bank Warns Won Stablecoins Could Boost Dollar Demand
- South Korea's central bank warns that issuing won stablecoins may increase the demand for dollar stablecoins.
- The governor's concerns conflict with the new South Korean President Lee Jae Myung's pro-stablecoin agenda.
- The central bank emphasizes the importance of robust risk controls and regulatory measures.
- South Korea aims to use KRW-backed stablecoins to prevent capital flight and maintain financial sovereignty.
- The central bank does not oppose the issuance of won stablecoins but highlights the need for safeguards.
- The diverging views between the central bank and the executive branch signify a challenge in balancing innovation with financial stability.
- Tension exists between the central bank's caution and the president's push for digital currency innovation.
- The central bank warns of complicating foreign exchange oversight by introducing won stablecoins.
- Lee Chang-yong stresses the need for careful approaches and appropriate regulatory frameworks for won stablecoins.
- The central bank seeks to avoid unintended macroeconomic consequences from the introduction of won stablecoins.
- The conflicting viewpoints reveal the broader challenge of balancing innovation and financial sovereignty in the digital asset realm.
Read Full Article
4 Likes
NullTX
3w
203
Image Credit: NullTX
BONK PRICE ANALYSIS & PREDICTION (June 18) – Bonk Extends Bearish Following Another Rejection, Down 30% Monthly
- Bonk price has been bearish, extending losses by 30% monthly and being highly bearish on intraday trading.
- The price rejection in mid-May at $0.000026 led to a significant decline, closing below $0.00002 for the month.
- Bonk fell to $0.000014 level, formed a new bearish pattern, but consolidated towards the end of the week.
- Volatility increased on Monday, bringing the price to $0.000016 before dropping again, leading to more bearish traps.
- Bears are expected to dominate in the coming days unless bulls manage to intercept the current downward trend.
- Key resistance levels to watch are $0.0000183, $0.0000244, and $0.0000314, while key support levels are $0.000013, $0.0000114, and $0.0000089.
- The spot price is $0.0000139, trend is bearish, and volatility is high.
Read Full Article
12 Likes
Coindoo
3w
428
Image Credit: Coindoo
BlackRock’s BUIDL Fund Now Enables 24/7 Swaps with Ethena’s USDtb Stablecoin
- BlackRock's BUIDL Fund now allows 24/7 swaps with Ethena's USDtb stablecoin for qualified participants.
- Seamless, permissionless transfers are enabled, offering institutional access to tokenized U.S. Treasurys round-the-clock.
- Qualified participants can swap from BUIDL to Ethena Labs’ USDtb via the USDtb Liquidity Fund 24/7/365.
- Institutional investors and DeFi users can easily move capital between a tokenized Treasury product and a synthetic dollar stablecoin.
- BlackRock's BUIDL tokenized fund, launched in March 2024, has surpassed $2.88 billion TVL, attracting institutional capital.
- The integration with Ethena’s USDtb facilitates accessing and utilizing value within DeFi protocols and stablecoin settlements.
- This collaboration sets a new standard for onchain liquidity through atomic 24/7 swaps between stablecoins and tokenized assets.
- Blockchain technology is not just used for custody or settlement but also for programmable liquidity across asset classes by major institutions.
- The move signifies a blend of traditional capital markets with decentralized finance for a more efficient financial system.
Read Full Article
25 Likes
Coindoo
3w
190
Image Credit: Coindoo
Whale Activity on Binance Surges 400% Since 2023
- Binance, founded in 2017 by Changpeng Zhao (CZ), has become the largest exchange in the industry.
- CryptoQuant's whale ratio on Binance has surged by 400% since 2023, indicating a significant increase in large-holder inflows.
- The whale ratio went from 0.08 in mid-2023 to 0.77 in 2024 and 0.76 in 2025, showing a remarkable uptrend.
- The growing presence of whales suggests that major investors are increasingly comfortable using Binance, boosting liquidity and institutional relevance.
- Despite high market volatility in 2025, Binance users are holding onto their assets rather than selling during price swings, indicating long-term confidence.
- Activity in higher beta altcoins on Binance remains strong, highlighting sustained risk appetite among users.
- Binance's market leadership is reinforced by the rising whale momentum, positioning it favorably with strong scale, liquidity, and ecosystem.
- Assuming a stable regulatory and competitive environment, Binance is expected to maintain its dominance with increased institutional participation.
Read Full Article
11 Likes
Coindoo
3w
433
Image Credit: Coindoo
Trump’s Crypto Push Will Reinforce Dollar Supremacy, Says Treasury Secretary Bessent
- Treasury Secretary Bessent suggests that stablecoins could reinforce the dollar's supremacy by becoming significant buyers of U.S. Treasurys.
- Bessent believes crypto could solidify the dollar's global leadership in the financial realm.
- Following the U.S. Senate passing stablecoin legislation, the House of Representatives must decide on its approach.
- The Treasury's stance on digital assets has shifted, recognizing stablecoins as a means to enhance demand for U.S. government debt.
- Stablecoin issuers usually back tokens with U.S. Treasury securities, potentially increasing America's financial influence in decentralized arenas.
- Bessent's support of stablecoins corresponds with President Trump's pro-crypto stance.
- The Treasury's shift in views on digital assets signifies a new perspective on the role of crypto in global finance.
- Bessent's remarks follow a move towards bipartisan stablecoin regulation in Congress.
- Trump's administration is increasingly favorable towards crypto regulation compared to past administrations.
Read Full Article
26 Likes
Coindoo
3w
419
Image Credit: Coindoo
Dogwifhat Price Prediction: $1.50 Target in 2025, While Troller Cat Rockets 466.8% with 1200+ Holders
- Dogwifhat, a meme coin, reached an ATH of $4.85 but later crashed by 67% amidst market correction.
- Troller Cat, a new cat-themed coin, offers a potential ROI of 1773.32% from presale to listing.
- Troller Cat emphasizes internet trolling culture with solid tokenomics and a 69% APY staking mechanism.
- The project plans to launch a Game Center generating revenue to buy back and burn tokens, aiming for deflation.
- Dogwifhat ($WIF) sits at $0.7843 after recent drops but shows potential with whale accumulation and high trading volume.
- Despite recent corrections, long-term $WIF holders remain optimistic about its future potential.
- Troller Cat and Dogwifhat represent meme coins with differing strategies and outlooks in the crypto market.
- Dogwifhat may reach $1.50 in the future if bullish trends prevail, while Troller Cat offers unique utility and investment opportunities.
- Both coins showcase potential for growth but come with risks, requiring investors to assess the market carefully.
- Investors should consider the distinct features and performance of Dogwifhat and Troller Cat before deciding on investment strategies.
Read Full Article
25 Likes
Coindoo
3w
110
Image Credit: Coindoo
Lion Group Secures $600M to Launch DeFi Treasury Anchored by Hyperliquid
- Lion Group has secured $600 million to launch a DeFi Treasury Initiative anchored by Hyperliquid.
- The initiative will focus on building a digital asset reserve with HYPE as the primary reserve asset, along with Solana and Sui.
- BitGo Trust Company Inc. will hold and stake these assets for security and yield infrastructure.
- CEO Wilson Wang sees Hyperliquid as an expansion of LGHL's derivatives business into decentralized markets.
- Solana and Sui will also be added to LGHL's reserve treasury, bringing user-centric applications and high-performance design.
- BitGo will be responsible for the custody and staking of the reserve assets, reflecting institutional interest in blockchain ecosystems.
- The funding signals growing institutional interest in next-gen blockchain ecosystems.
- The pivot towards decentralized markets shows Lion Group's commitment to DeFi, aiming to establish a strong onchain treasury foundation with HYPE, Solana, and Sui.
Read Full Article
6 Likes
Coindoo
3w
397
Image Credit: Coindoo
Analyst Recommends Long Solana, Short Litecoin Ahead of ETF Decisions
- Analyst recommends a long Solana, short Litecoin position ahead of potential spot ETF launches according to a note reported by The Block.
- The analyst cites the Grayscale effect, highlighting Grayscale's Solana Trust (GSOL) and Litecoin Trust (LTCN) as potential front-runners for ETF inclusion.
- Solana's trust has lower liquidity risk compared to Litecoin's, making trading long SOL and short LTC post-ETF launch attractive.
- Solana and Litecoin have better ETF inclusion prospects due to existing infrastructure, unlike altcoins such as XRP or Dogecoin.
- K33 launches a stock issuance plan to raise $8.9 million for acquiring 1,000 Bitcoins, reflecting institutional strategies for long-term crypto exposure.
- Speculation around ETFs prompts analysts to focus on relative strength plays, with Solana expected to lead and Litecoin possibly lagging.
Read Full Article
23 Likes
Coinjournal
3w
53
Image Credit: Coinjournal
DeFi lending protocols hold nearly $60B in assets amid new wave of adoption: report
- DeFi lending Total Value Locked (TVL) has surpassed $50B, approaching $60B, marking a 60% increase in a year driven by institutionalization.
- The 'DeFi mullet' trend involves embedding DeFi infrastructure in user-facing applications for yield generation and loans, with examples like Coinbase-Morpho originating $300M in loans.
- Tokenized Real-World Assets (RWAs) like US Treasuries are increasingly used as collateral and yield sources in DeFi, bridging traditional finance with the decentralized digital economy.
- DeFi is evolving into a foundational financial layer for user-facing applications and experiencing institutional participation, reshaping the landscape of decentralized finance.
- Top DeFi lending protocols such as Aave, Euler, Spark, and Morpho have seen their TVL surge past $50B, nearing $60B, indicating rapid institutionalization and advanced risk management tools.
- The 'DeFi mullet' strategy involves integrating DeFi backend infrastructure in mainstream fintech applications, offering seamless access to DeFi services like borrowing against crypto holdings.
- The integration of tokenized RWAs in DeFi allows for the use of traditional financial instruments as collateral for loans or investment strategies, fostering a connection between conventional finance and decentralized digital economy.
- Protocols like Pendle and Ethena are facilitating tokenization of investment strategies and yield-bearing tokens within DeFi, simplifying complex financial operations for end-users.
- Crypto-native asset managers, such as Gauntlet and Re7, are gaining prominence in DeFi, managing capital across ecosystems and participating in governance to fine-tune risk parameters and deploy capital efficiently.
- On-chain asset managers are professionalizing DeFi investment strategies, with firms like Steakhouse Financial influencing the sector's growth by managing capital across structured yield products and tokenized RWAs.
- The specialized sector of on-chain asset managers has witnessed significant growth, increasing from $1B to over $4B since January, demonstrating the rapid professionalization and institutionalization of DeFi investment strategies.
Read Full Article
3 Likes
Coindoo
3w
66
Image Credit: Coindoo
Altcoin Winter Lingers as Bitcoin Stays Above $104,000
- Altcoin market continues to show lackluster performance with heavy net selling pressure.
- 1-Year Cumulative Buy/Sell Quote Volume Difference for Altcoins is at -36 billion USD.
- Investor sentiment towards altcoins remains largely pessimistic.
- Bitcoin's rally contrasts with the sluggish performance of altcoins.
- Altcoin investors appear to be missing in action.
- Altcoin market remains in a state similar to crypto winter.
- Prospects for an altseason seem bleak without a significant rise in demand.
- Bitcoin dominates the market while altcoins struggle to gain momentum.
- Accumulation signs are absent in altcoins, keeping the balance tilted towards Bitcoin.
- The post explores the prolonged altcoin winter amidst Bitcoin's high price stability.
Read Full Article
3 Likes
Coindoo
3w
83
Image Credit: Coindoo
ETH Price Trapped in Tight Range—Analysts See Explosive Breakout Ahead
- Ethereum (ETH) is currently consolidating within a narrow trading range, with analysts predicting an imminent breakout.
- Analysts note strong absorption of wicks on both sides, indicating market compression and the potential for a significant move.
- Traders are advised to watch for a higher timeframe candle close above or below the current range to confirm the breakout direction.
- Merlijn The Trader applies Wyckoff methodology and sees ETH's current structure in the 'Creek' resistance line, suggesting a breakout.
- The chart points to a potential breakout above the $2,600–$2,700 zone, signaling a transition into a bullish phase.
- Confluence of technical analyses indicates ETH is poised for a substantial move, building momentum and supporting a bullish reversal narrative.
- Traders are monitoring the $2,700–$2,800 resistance range for a potential breakout towards higher levels.
Read Full Article
5 Likes
Coindoo
3w
424
Image Credit: Coindoo
Polygon’s zkEVM Team Spins Out as Zisk Amid Strategic Pivot
- Polygon co-founder Jordi Baylina and zkEVM developers have launched Zisk, an independent venture focusing on zkVM technology.
- Zisk aims to build low-latency, open-source zkVM tech for transaction and data validation without exposing sensitive onchain info.
- Zisk was incubated within Polygon Labs before becoming standalone on June 13, 2025.
- Polygon's new CEO, Sandeep Nailwal, leads a strategic shift to focus on Polygon PoS chain and Agglayer.
- Polygon will deprecate zkEVM chain in favor of other key projects within the ecosystem.
- Zisk carries forward the zero-knowledge torch to enhance scalability and privacy in blockchain systems.
- The move signifies Zisk's commitment to advancing zkVMs in decentralized systems.
Read Full Article
25 Likes
Coindoo
3w
265
Image Credit: Coindoo
BlockDAG Crushes Presale Goals with $309.5M Raised While XRP Awaits Legal Decision and TRON Tests Resistance
- Ripple's XRP and TRON (TRX) are in focus this week with potential price movements.
- XRP is stable near $2.15, expecting a legal update on June 16 which could impact its price.
- TRON aims for a breakout above $0.285 towards $0.30 with support at $0.266.
- BlockDAG's recent success in presale fundraising hits $309.5M out of a $600M goal.
- BlockDAG has a detailed six-week rollout plan including mainnet launch and airdrops.
- Ripple's XRP shows strong support near $2.15 while TRON tests resistance at $0.285.
- A legal decision on June 16 could influence Ripple's price dynamics in the short term.
- TRON could potentially hit $0.30 with increasing momentum and support levels in place.
- BlockDAG's strategy includes $600M presale target with pricing at $0.0018 currently.
- BlockDAG surpasses other projects with a clear execution plan and achieved milestones.
- BlockDAG's mainnet is live, mining operations are ongoing, and CEX listings are scheduled.
- BlockDAG coins are priced at $0.0276 in Batch 29, with a frozen price of $0.0018 until June 20.
- Early BlockDAG backers have seen substantial returns with a ROI of 2,660%.
- Ripple targets $2.35 with potential legal developments and real-world use cases in the future.
- TRON shows promising signs for mid-June with a likely breakout towards $0.30.
- Overall, BlockDAG's successful presale and structured rollout plan set it apart from XRP and TRON.
Read Full Article
15 Likes
Coindoo
3w
429
Image Credit: Coindoo
XRP Chart Forms ‘Hot Cup’ Pattern: Major Move Incoming?
- XRP chart has formed a 'hot cup' pattern, suggesting a potential breakout as tension rises within a compressed technical structure.
- Exponential Moving Averages (EMAs) are closely aligned, with price squeezed against a descending resistance trend line. Interaction with the Ichimoku Cloud zone further emphasizes the narrowing range.
- Dark Defender's analysis indicates a looming strong directional move, with the 'cup' signaling a likely imminent breakout.
- Key levels to watch include support at $2.0706 and short-term targets at $2.22 and $3.61.
- The current price near $2.07 support suggests significant upside potential if the trend shifts bullish. A possible 'cup and handle' pattern formation and Fibonacci retracement level alignment hint at a breakout.
- The technical setup indicates a decision point approaching with high-stakes tension due to aligned trend lines, Ichimoku signals, and EMAs. A breakout could lead to rapid price movement toward projected targets.
Read Full Article
25 Likes
For uninterrupted reading, download the app