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Cryptography News
Coindoo
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35
Image Credit: Coindoo
Short-Term Bitcoin Holders Cash In as Bull Cycle Builds
- Short-term Bitcoin holders have started cashing in on profits as a new bull cycle seems to be building.
- Recent data from Glassnode shows a shift in profit-taking behavior, with wallets holding BTC for less than 12 months accounting for 83% of realized gains.
- The 6–12 month cohort alone realized $904 million in daily profit, marking the second-highest profit spike of the year.
- The Index Bitcoin Cycle Indicators (IBCI) suggests a critical juncture, with the indicator correcting to near the 50% zone from a peak above 75%, indicating a transitional phase.
- Historical patterns indicate that the current equilibrium phase could precede renewed bullish momentum.
- The IBCI typically signals the end of bull cycles only when consistently reaching 100%, which is not the case currently.
- Bitcoin's on-chain fundamentals are strengthening, and the market sentiment points towards a cooling phase rather than a collapse.
- Price action aligning with the on-chain narrative could confirm the next major leg of the bull cycle.
- Bitcoin is still close to its all-time highs, suggesting the market might be gearing up for another upward movement.
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Bitcoinmagazine
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261
DDC Enterprise Secures $528 Million to Expand Bitcoin Holdings
- DDC Enterprise Limited has raised $528 million through securities purchase agreements to expand its Bitcoin holdings, representing one of the largest single-purpose Bitcoin raises by a NYSE-listed company.
- The capital commitment is supported by investors such as Anson Funds, Animoca Brands, Kenetic Capital, and QCP Capital, with a focus on increasing the company's Bitcoin holdings significantly.
- The funding will position DDC as one of the top global corporate Bitcoin holders, signaling the importance of Bitcoin in future corporate balance sheets.
- The capital raise components include a $26 million equity PIPE investment, a $300 million convertible note, a $2 million private placement, and a $200 million equity line of credit.
- Anson Funds has committed a substantial amount towards this initiative, demonstrating confidence in Bitcoin's role in the corporate sector.
- DDC Enterprise aims to be a bridge between global capital markets and the Bitcoin ecosystem, focusing on the growth of its BTC treasury and delivering attractive BTC yield for shareholders.
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Coindoo
4w
242
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Coinbase Seeks SEC Approval for “Tokenized Equities” Eyeing Expansion into Stock Trading
- Coinbase is seeking SEC approval to offer "tokenized equities" for stock trading on blockchain technology.
- This move could expand Coinbase's business offerings, putting it in competition with retail brokerages like Robinhood and Charles Schwab.
- Coinbase's chief legal officer, Paul Grewal, considers tokenized equities a "huge priority" for the company.
- The initiative shows Coinbase's ambition to bridge traditional finance and decentralized technologies, potentially opening a new business segment.
- The foray into tokenized equities could revolutionize the financial industry by leveraging blockchain for traditional asset classes.
- Coinbase's application outcome with the SEC will be closely monitored by investors and industry participants.
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Coindoo
4w
363
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Algorand Eyes Breakout as Accumulation Nears End, Analyst Says
- Analyst Michaël van de Poppe suggests Algorand ($ALGO) is poised for a breakout as it nears the end of an accumulation phase.
- Algorand's focus on instant finality positions it well for scalability and real-world adoption, particularly in DeFi, retail payments, and blockchain infrastructure.
- Instant finality is crucial for efficiency in transaction processing, contributing to a positive user experience in payment scenarios.
- ALGO/USDT chart indicates a cyclical pattern, with the asset returning to a previous base and showing potential for a move toward the $1 mark.
- The 1.618 Fibonacci extension level served as a target in a previous run and could guide ALGO's upward trajectory.
- At the moment, ALGO is trading around $0.10, within a defined accumulation zone following a rally that peaked near $0.45.
- A breakout from the current consolidation range may lead to a potential target of $1 based on historical behavior.
- Continued fundamental growth and increased adoption of Algorand-based applications could fuel a shift from consolidation to a bullish breakout.
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Coinjournal
4w
53
Image Credit: Coinjournal
Top presale crypto coins for June 2025: Angry Pepe Fork, BlockDAG, and Unstaked
- Angry Pepe Fork, BlockDAG, and Unstaked are among the most anticipated cryptocurrencies on presale, offering unique strategies for income and advancement.
- Angry Pepe Fork introduces GambleFi utility to a meme coin, providing APYs exceeding 10,000% for early Ethereum-based buyers during presale.
- Investors are seeking genuine profits and early access to long-term rewards in the June 2025 cryptocurrency presale market.
- Angry Pepe Fork stands out for its focus on real utility, staking mechanics, and GambleFi platform, offering substantial benefits for presale participants.
- BlockDAG emphasizes technological execution with live testing of mining units and a quality-first approach for long-term reliability in its presale strategy.
- Unstaked utilizes AI technology based on a Proof of Intelligence concept, gaining significant community support and expected high return on early investment.
- Angry Pepe Fork leads the top crypto presales as it offers staking, CommunityFi, and soon GambleFi, providing energy and utility for quick gains or long-term value.
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Coindoo
4w
261
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Wrapped TRX Trading Volume on SunSwap Surges Over 5x in One Year
- Wrapped TRX (WTRX) trading on SunSwap has experienced significant growth, with monthly swap volume spiking from $621 million in May 2024 to $3.82 billion in May 2025.
- The data, sourced from CryptoQuant, reveals over a fivefold increase in trading volume within a year, showcasing the expanding Tron DeFi ecosystem.
- Factors contributing to this surge include the growing adoption of Tron-based DeFi applications, increased USDT activity on the Tron network, and heightened interest in the TRON token.
- Approximately half of the volume upsurge is attributed to TRON's price appreciation, while the rest is linked to enhanced user engagement and trading on the platform.
- A chart displays a consistent rise in WTRX swap volume over the past year, with significant spikes from late 2024 that continued into 2025, reaching above $4.1 billion before stabilizing at $3.8 billion.
- This uptrend reflects Tron's strategic drive to solidify its presence in the DeFi market by providing cost-effective transactions and stablecoin infrastructure to attract both individual and institutional investors.
- SunSwap, serving as a prominent DEX platform, plays a pivotal role in positioning the Tron network as a high-volume destination for token exchanges.
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Coinjournal
4w
412
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Solana price prediction: SOL to test the $140 support level after Pump.fun ban
- SOL is down 3.5% recently and impacted by Pump.fun's ban and Middle East conflict.
- Cryptocurrency market facing challenges due to ongoing conflict between Iran and Israel.
- Bitcoin's value dropped by 3.4% in the past week, risking falling below $105k.
- Current Bitcoin price is $105,688; total market cap below $3.3 trillion.
- SOL among the worst performers in the top 10 cryptocurrencies.
- Pump.fun ban on X accounts affecting SOL's performance with price at $150.08.
- Middle East conflict impacting Bitcoin, Solana, and major cryptocurrencies.
- SOL might test $140 support level, forming a bearish triangle.
- Potential further drop towards $110 if SOL fails to recover at $140 support.
- MACD indicating weakness, potential dump to $110 in the short term.
- Ceasefire in Israel-Iran conflict could help SOL rebound to $170 resistance.
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Coindoo
4w
150
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Thailand Approves Crypto Tax Exemption to Boost Digital Asset Hub Plans
- Thailand has approved a crypto tax exemption initiative to boost its plans of becoming a digital asset hub.
- Deputy Finance Minister Chulaphan Amornvivat announced the initiative, effective from January 1, 2025 to December 31, 2030.
- The policy aims to attract foreign investment, expand the crypto market, and increase domestic consumption.
- The government anticipates generating at least 1 billion baht in additional tax revenue with the new initiative.
- Personal income tax exemptions are part of the tax measures, with considerations for introducing a Value-Added Tax (VAT) for the digital economy.
- Thailand stands out as an early adopter of comprehensive digital asset regulations in Asia, supporting blockchain-based finance and investment.
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Coindoo
4w
987
Image Credit: Coindoo
Paradigm Challenges U.S. Prosecutors in Tornado Cash Case
- Paradigm is challenging U.S. prosecutors in the Tornado Cash case targeting Storm, a co-founder, for alleged illegal financial activity.
- They argue that the charges misinterpret existing law and could set a dangerous precedent for developers of peer-to-peer software.
- Paradigm's legal team contends that Storm is accused of operating a money transmission service and processing criminal proceeds without sufficient legal basis.
- They emphasize that simply publishing code, as Storm did, is not equivalent to transmitting funds, as stated by the Treasury Department and FinCEN.
- The outcome of the case could have implications for the future treatment of decentralized software in U.S. courts, as indicated by Paradigm.
- Paradigm warns that a conviction in this case could impact developers in the crypto and DeFi space, potentially discouraging innovation.
- The amicus curiae brief filed by Paradigm allows them to provide input as a third party in the legal proceedings.
- The case involving Storm could shape the legal landscape for decentralized finance (DeFi) going forward.
- Storm's trial outcome may influence how decentralized software is viewed and regulated in the U.S. in the coming years.
- Paradigm's intervention underscores the importance of protecting open-source developers like Storm within the crypto community.
- The legal battle is significant for the DeFi industry and could have far-reaching consequences on software development and innovation.
- The dispute highlights the tension between legal interpretations of financial activities and the evolving nature of decentralized technologies.
- The case raises questions about the boundaries of money transmission services and the responsibilities of software creators in the crypto sector.
- Paradigm's stance reflects broader concerns within the crypto community regarding regulatory clarity and the treatment of developers in legal disputes.
- The implications of this case extend beyond Storm and could impact how peer-to-peer software creators are perceived and regulated in the future.
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Coindoo
4w
426
Image Credit: Coindoo
Ethereum Staking Surges to Record High as Over 35 Million ETH Locked
- Over 500,000 ETH were added to staking contracts in the first half of the month, reaching a record high.
- The surge in staking leads to a decrease in Ethereum's liquid supply, indicating a shift towards yield-generating strategies over active trading.
- Ethereum accumulation addresses, holding 22.8 million ETH, hit an all-time high, signaling strong investor confidence in Ethereum's long-term value.
- These addresses are seen as indicators of smart money behavior, reinforcing trust in Ethereum's future potential.
- These trends highlight Ethereum's robust fundamentals and resilience in the crypto market, positioning it as a conviction-driven asset with minimal sell pressure.
- The increased staking and non-selling holdings demonstrate growing investor alignment on Ethereum's growth prospects.
- Ethereum Staking Surges to Record High as Over 35 Million ETH Locked.
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Coinjournal
4w
102
Image Credit: Coinjournal
Ethereum staking skyrockets as whales aggressively accumulate ETH
- Ethereum's price remains above $2,500 with significant whale accumulation and staking surge.
- Whale accumulation is driving Ethereum's price resilience and shows bullish sentiment.
- Ethereum whale accumulation hits record levels, with over 800,000 ETH acquired daily recently.
- Whales now control 27% of the total ETH supply, resembling concentrations seen before major market breakouts.
- The significant buying activity hasn't been observed since 2017, pointing to potential bullish momentum.
- Institutional demand, ETF filings, and derivatives tools are believed to fuel this whale accumulation.
- ETH staking has surged with over 35 million ETH staked, notably by long-term holders aiming to earn rewards.
- Accumulation addresses, those with no selling history, hold 22.8 million ETH at an all-time high.
- Staking supports Ethereum's network by reducing circulating supply, aiding Ether tokens in holding gains.
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Cryptopotato
4w
417
Image Credit: Cryptopotato
Ethereum Price Analysis: What’s Next for ETH After 8% Weekly Drop?
- Ethereum is showing bearish behavior with a divergence between price action and the RSI indicator.
- The market is consolidating with a breakout likely to determine the next significant move.
- ETH is trading near the $2.8K resistance zone and the 200-day moving average in a consolidation phase.
- A bearish divergence between price and RSI indicates weakening bullish momentum.
- Ethereum has lost support at the 200-day MA and may retest the $2.4K demand zone.
- In the short term, a move towards $2.4K is anticipated due to selling pressure.
- Onchain analysis shows ETH stabilizing above $2.4K but vulnerable to a downside sweep.
- The Binance liquidation heatmap indicates high-liquidity zones that could influence price moves.
- Ethereum faces a key support level at $2.4K; a rebound is possible if it holds.
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Coindoo
4w
293
Image Credit: Coindoo
Bears Face Squeeze Risk as BTC Awaits Geopolitical, Fed Triggers
- Positive geopolitical news could trigger a rapid BTC rally and liquidate heavily shorted positions, as per Swissblock analysts.
- A dovish tone from Fed Chair Jerome Powell may fuel bullish momentum in BTC.
- Bitcoin's perpetual funding rate turning negative indicates a heavy bearish market sentiment with increased odds for a short squeeze.
- Bears have become overexposed amid rising geopolitical risks, potentially leading to a rapid upward move if sentiment shifts.
- Market participants are closely monitoring key resistance levels, awaiting a narrative shift triggered by a dovish Fed stance or geopolitical de-escalation.
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Cryptoticker
4w
88
Image Credit: Cryptoticker
Breaking: Is a JP Morgan Stablecoin Coming? Here’s What We Know About JPMD
- JP Morgan has filed a trademark for “JPMD” suggesting a potential global crypto payment digital currency.
- The trademark filing includes crypto payment processing, stablecoin issuance, and blockchain infrastructure.
- The move indicates JP Morgan is possibly developing a stablecoin to compete with USDT and USDC.
- JPMD may cater to retail and institutional crypto transactions on a larger scale.
- JP Morgan's existing JPM Coin is for interbank settlements, while JPMD seems aimed at public applications.
- Financial giants like BlackRock and Visa are venturing into crypto, indicating a shift towards mainstream adoption.
- JP Morgan's stablecoin could have regulatory backing, institutional trust, and corporate client network.
- There's no official confirmation on the launch timeline for JPMD.
- The trademark filing hints at legacy finance entering the crypto space for secure digital payments.
- JP Morgan's potential stablecoin could bridge stablecoins with everyday banking securely and at scale.
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Cryptoticker
4w
164
Image Credit: Cryptoticker
Cardano Crash Coming? Watch $0.60 Like a Hawk
- Cardano (ADA) price is facing downward pressure, hovering around $0.62 with a fragile structure.
- On the daily chart, ADA remains below key moving averages, with the 50 SMA acting as immediate resistance.
- The price struggles to stay above the support zone at $0.62 and $0.60, with weakening momentum indicated by Heikin Ashi candles.
- ADA price has declined approximately 17.3% in over two weeks, showing increasing volatility and failed breakout attempts.
- The hourly chart suggests a bearish sentiment as ADA failed to sustain above short-term moving averages and faces resistance near $0.65.
- ADA has been consolidating between $0.61 and $0.64, indicating a possible bearish breakout scenario impending.
- If the crucial psychological support at $0.60 breaks, ADA may target $0.54 as the next visible support zone.
- Bulls need to close above $0.67 on the daily chart to reestablish a bullish outlook, aiming for $0.70 and $0.76 as resistance levels.
- The overall prediction indicates a likelihood of testing the $0.60 support and a potential move below it in the near future.
- In a bullish scenario, ADA might rebound to $0.67, while a bearish breakout could lead to $0.54–$0.55 as the next price targets.
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