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Coindoo
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Ethereum Faces $2,600 Test as Institutions Bet Big on Staking ETF Potential
- Analyst Michaël van de Poppe sees $2,600 as a crucial resistance level for Ethereum (ETH) to surpass, with a possible retest of recent lows before reversal due to weekend volatility.
- Institutions remain confident in Ethereum, with BlackRock and other ETF issuers accumulating $240 million of ETH in anticipation of regulatory approval for Ethereum staking ETFs, offering passive income opportunities.
- If Ethereum staking ETFs are approved, it could create significant yield opportunities by combining traditional ETF exposure with staking rewards.
- This development aligns with Ethereum's value proposition, including hosting real-world assets, a deflationary supply model, and the largest technology stack in the crypto sector.
- Traders are focused on navigating resistance levels, while long-term investors are optimistic about Ethereum potentially reaching $10,000 by capitalizing on staking ETF prospects, indicating a divergence between short-term volatility and long-term conviction.
- Ethereum's future success is based on its ability to attract institutional interest and potential approval of innovative ETF products.
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Coindoo
4w
0
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Ethereum’s Longest ETF Inflow Streak Ends With $2.1M Outflow
- Ethereum ETFs experienced a historic 19-day streak of net inflows totaling nearly $1.4 billion from May 16 to June 12.
- On June 13, this streak ended with the first day of negative flow, recording a $2.1 million net outflow.
- One standout day during the streak was June 11, with $240 million in net inflows, the highest daily figure.
- The consecutive inflows reflected increasing institutional interest and confidence in Ethereum amidst market recovery.
- The reversal on June 13, albeit small, suggests a potential shift in sentiment or profit-taking by investors.
- This development showcases the strong demand for Ethereum-based investment products.
- Market observers will be monitoring whether this outflow marks a temporary cooling or the start of a broader pullback.
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Zycrypto
4w
326
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Charles Hoskinson’s Bold Move: Convert $100M ADA Treasury to Bitcoin and Stablecoins to Fix DeFi Gap
- Cardano's ADA is showing signs of bullish momentum to break psychological price levels of $0.65 and $0.80.
- Market analyst Lingrid points out the formation of higher lows within a descending channel, aiming for a $0.75 target.
- Higher lows in price action indicate growing demand and confidence, signaling a potential uptrend.
- At the moment, Cardano is trading at $0.6348 according to CoinGecko data.
- Charles Hoskinson identified Cardano's low stablecoin ratio as a weakness and proposed converting $100M in ADA treasury to Bitcoin and stablecoins.
- Hoskinson aims to enhance DeFi growth and liquidity by diversifying ADA's treasury, addressing the low stablecoin-to-DeFi ratio.
- The current ratio is under 10%, with $32 million in stablecoins and $330 million in total value locked (TVL).
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Coindoo
4w
311
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President Donald Trump Reports Over $57M in Crypto Income
- President Donald Trump reported over $57 million in crypto income from token sales through World Liberty Financial.
- The report also disclosed Trump's ownership of approximately 15.75 billion governance tokens from the same project.
- The financial report likely covers up until December 2024, excluding recent crypto ventures in 2025.
- Trump's wealth diversification includes real estate holdings, equity in Trump Media & Technology Group, and ownership of Truth Social and Truth.Fi.
- Trump Media recently gained attention for receiving SEC approval to raise $2.3 billion for a Bitcoin treasury strategy.
- The filings highlight Trump's active role in cryptocurrency markets and his financial ties to digital assets, influencing political and economic discussions.
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Coindoo
4w
259
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As War Shakes Markets, Qubetics, SEI, and Theta Emerge as Top Cryptos to Hold for Short Term With Explosive Potential
- Israeli airstrike on Iranian nuclear sites led to market volatility with oil and gold prices soaring while crypto assets like Bitcoin and Ethereum dropped.
- Qubetics, SEI, and Theta are emerging as top cryptos for short-term gains amidst market turbulence and increased institutional support.
- Qubetics stands out for its Web3 aggregator platform, QubeQode, and Qubetics IDE, simplifying decentralized application development.
- Qubetics' final presale phase offers an opportunity for buyers with limited token supply and potential for significant post-listing price surge.
- SEI experienced an 8.57% price drop amid market uncertainty, with over 5.3 billion tokens in circulation and rising volume.
- Theta Network's THETA token plunged over 10%, doubling its trading volume, indicating increased sell-offs amidst market correction.
- Qubetics, SEI, and Theta present strong prospects, with Qubetics leading in Web3 innovation, scarcity-driven tokenomics, and presale opportunity.
- Investors can benefit from Qubetics' unique offerings by participating in the presale before its token listing at a higher price.
- Qubetics, SEI, and Theta cater to different niches within the crypto market, providing diverse investment options for short-term gains.
- Readers are advised to conduct their research before engaging in cryptocurrency-related activities, as the publication is sponsored.
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Coindoo
4w
236
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What Traders Are Betting on for BTC and ETH, According to This Metric
- Bitcoin traders bought the dip as its price bottomed, leading to a relief rally.
- Ethereum traders have shown reactive behavior, going long after rallies and shorting after retracements.
- Ethereum traders are more likely to be caught offside, entering long positions at tops and short positions at bottoms.
- Exchange funding rates show traders' costs to maintain leveraged positions, with positive rates indicating bullish sentiment.
- Overly bullish or bearish positions can precede market reversals.
- Traders' overconfidence can signal local tops or bottoms.
- Bitcoin currently reflects stronger bullish sentiment compared to Ethereum.
- Ethereum may face downside risk if the pattern of short-term greed and fear persists.
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Coindoo
4w
241
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Trump Media Secures SEC Approval for $2.3B Bitcoin Treasury Initiative
- Trump Media has secured SEC approval for a $2.3 billion Bitcoin treasury initiative.
- The approval allows the company to raise funds from existing debt and equity agreements for a major BTC treasury acquisition.
- The SEC declared the company's registration statement on Form S-3 effective, enabling formal capital-raising efforts and future expansion.
- The funds were obtained through agreements with nearly fifty investors and include common shares and convertible notes.
- Proceeds are intended for various expansion initiatives, notably Bitcoin accumulation through the company's FinTech arm, Truth.Fi.
- This move aligns Trump Media with other corporate Bitcoin players like MicroStrategy, reflecting a shift towards Bitcoin as a treasury reserve asset.
- The approval signifies a regulatory milestone for the company's digital asset ambitions amid a broader trend of digital assets playing a key role in corporate finance strategies.
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Coindoo
4w
138
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Gemini and Coinbase Poised for EU-Wide Licenses Under MiCA
- Gemini and Coinbase are positioned to receive EU-wide licenses under MiCA, enabling them to operate in all 27 member states, a significant development for cryptocurrency operations in the European Union.
- MiCA, in effect since earlier this year, allows individual member states to issue licenses for crypto companies to conduct business across the entire EU bloc.
- The rapid approvals of these licenses have sparked internal debate among regulators, with concerns raised about the speed and thoroughness of certain countries' granting processes.
- Regulators face a complex challenge in overseeing the multi-trillion-dollar crypto industry, aiming to prevent fraud, market instability, and illicit financial flows.
- MiCA aims to regulate cryptocurrency activities akin to traditional finance but fears persist regarding inconsistent enforcement across EU member states.
- The potential licensing of Gemini and Coinbase reflects the integration of digital assets into the global financial sector.
- As these key players expand in the EU, the focus on regulatory consistency and MiCA's effective implementation is expected to intensify.
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Coindoo
4w
308
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2025’s Biggest Crypto Breakout: BlockDAG’s $303M Presale, 1.5M Miners, and Millions in Buyer Battle Rewards
- BlockDAG is making waves in the crypto world with a $303 million presale and 22.4 billion BDAG coins sold, setting itself up as a standout project for 2025.
- Unlike typical presales, BlockDAG is offering tangible tools, a strong community, and rewarding mechanisms like the Buyer Battles, where over $1.26 million in bonus coins has already been distributed.
- The X1 mobile mining app by BlockDAG has garnered 1.5 million users across 150+ countries, showcasing real adoption and engagement.
- Inter Milan's partnership with BlockDAG further solidifies its move beyond the crypto space into mainstream audiences, emphasizing real-world connections.
- BlockDAG's innovative approach, high-speed execution, and strategic partnerships are rewriting the rulebook for presales and early-stage crypto projects.
- With a focus on real results and user adoption, BlockDAG is reshaping the narrative of crypto growth in 2025 before even hitting exchanges.
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Coindoo
4w
308
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Binance Launches DEGEN Airdrop via Alpha Platform
- Binance is launching a DEGEN airdrop via the Alpha Platform starting June 14, 2025, at 07:00 UTC.
- Users with at least 245 Alpha points can claim 13,862 DEGEN tokens through the Alpha Events page.
- To complete the claim, users need to spend 15 Alpha points and confirm within 24 hours.
- Unconfirmed claims will be forfeited.
- Starting June 19, 2025, the airdrop will shift to a two-phase distribution model.
- Phase 1 allows users meeting the initial Alpha point threshold (X) to claim within a limited period.
- Phase 2 lowers the threshold (Y < X) for first-come, first-served claims until the airdrop pool is exhausted or expires.
- Updates on airdrop mechanics and distribution schedule are expected.
- The announcement was made on Coindoo.
- Bitcoin is targeting $120,000 while altcoins show historic breakout potential.
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Coindoo
4w
17
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Bitcoin: What Happened With The Price in 2024 When Israel and Iran Exchanged Fire?
- Traders are examining how Bitcoin reacted when Israel and Iran engaged in conflict in 2024 and are considering its implications.
- Geopolitical tensions between Israel and Iran in 2024 and 2025 led to short-term price fluctuations in Bitcoin.
- During the 2024 conflict, Bitcoin initially dropped but quickly recovered and surged above $110,000.
- In 2025, headlines about renewed conflict triggered another brief correction in Bitcoin.
- Bitcoin's current consolidation during the Israel-Iran tension resembles the previous pattern before a bounce.
- Past reactions suggest that despite panic selling, geopolitical turmoil can also result in renewed accumulation in Bitcoin.
- Bitcoin's consolidation amidst current tensions could potentially precede a price increase, drawing investors to hard assets like BTC.
- Traders are advised to be cautious but note that past responses to geopolitical events have presented opportunities amid volatility.
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Cryptoticker
4w
111
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Cardano Price Prediction: ADA Slides as Treasury Proposal and Geopolitics Shake Confidence
- Cardano's native token ADA is facing instability following a proposal by founder Charles Hoskinson to convert $100 million worth of ADA into stablecoins and Bitcoin, sparking controversy and raising concerns about trust and decentralization.
- Global market panic due to escalating conflict between Israel and Iran has also impacted ADA's price, leading to sharp declines in the crypto space overall.
- ADA is currently trading at $0.6349, hovering just above the $0.6200 support zone after dropping from highs near $0.72. The 200 EMA at $0.6867 acts as a significant resistance level.
- The Relative Strength Index (RSI) near 36 suggests ADA is in bearish territory, with a potential drop towards the $0.58-$0.60 range if market volatility persists.
- If ADA breaks below $0.6200, it could decline further, but if it holds above and surpasses $0.6500, a recovery towards $0.6867 may occur.
- The current bearish trend is expected to continue unless there is an improvement in market sentiment or clearer support for the treasury proposal within the community.
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Coindoo
4w
281
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Ethereum Whales Quietly Accumulate as Retail Takes Profit — What It Could Signal Next
- Wallets holding between 1,000 and 100,000 ETH have added 1.49 million ETH over the past month, increasing their share to nearly 27% of Ethereum's circulating supply.
- 6,392 large wallets, known as whales and sharks, are accumulating ETH, contrasting retail investors who have been selling during price volatility.
- Historically, periods where large wallets accumulate while retail investors sell have signaled significant market reversals or upward price momentum.
- The divergence in behavior indicates growing confidence among seasoned players, despite cautious general sentiment in the market.
- Accumulation by major investors could suggest an expectation for Ethereum's strength to increase, supported by improving fundamentals and evolving ETF narratives.
- Previous cycles have shown that such accumulation by whales can be an early sign of broader market recoveries.
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NullTX
4w
277
Image Credit: NullTX
SharpLink Gaming Makes $463M Ethereum Bet Amid Stock Plunge, Sparking “MicroStrategy Moment” for ETH
- SharpLink Gaming acquires 176,271 Ethereum (ETH) worth $463 million after its stock plunges 66% in pre-market trading.
- Company aims to become a significant corporate holder of ETH, drawing comparisons to MicroStrategy's Bitcoin accumulation.
- Speculations arise regarding the timing and strategy behind SharpLink's ETH acquisition amidst stock price decline.
- SharpLink is in the process of raising a $1 billion funding round and has already invested almost half into Ethereum.
- Analysts speculate if the Ethereum acquisition is the initial step in a multi-phase strategy amid rising ETH prices.
- SharpLink's move could influence institutional crypto accumulation and raise questions about its long-term financial focus.
- Shift towards ETH suggests a broader trend among companies diversifying treasuries beyond Bitcoin.
- Ethereum's role in decentralized finance and emerging technologies attracts more institutional interest.
- Potential increase in corporate ETH procurement could impact price and drive Ethereum into the next bull cycle.
- Speculation arises on other companies following SharpLink's lead in acquiring Ethereum for corporate treasuries.
- Similar to MicroStrategy's Bitcoin experience, success of SharpLink's ETH investment hinges on execution, timing, and market conditions.
- SharpLink's actions signify a significant moment for Ethereum in corporate finance strategies.
- Disclosure: This is not trading or investment advice; always conduct thorough research before investing in cryptocurrencies or services.
- Follow @nulltxnews on Twitter for updates on Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news.
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NullTX
4w
84
Image Credit: NullTX
Tony G Co-Investment Holdings Makes Strategic Entry into DeFi with $440K HYPE Token Purchase
- Canadian investment firm Tony G Co-Investment Holdings enters DeFi with a $438,000 investment in HyperLiquid by acquiring 10,387 HYPE tokens.
- The investment was made through WonderFi Technologies, a regulated platform, displaying a compliant entry into the decentralized trading world.
- HyperLiquid is a high-performance DeFi infrastructure focusing on scaling DeFi applications and providing liquidity for the growing DeFi space.
- Tony G's move reflects a broader interest in digital asset innovation and strategic investments in basic infrastructure projects within the crypto industry.
- The purchase of HYPE tokens is part of Tony G's larger initiative to support essential infrastructure projects in the crypto space.
- Institutional investors like Tony G are combining innovation with compliance by engaging in DeFi through regulated platforms like WonderFi.
- HyperLiquid's HYPE token serves as the native asset for governance, staking, and network operations funding within their ecosystem.
- The investment from Tony G Co-Investment Holdings could attract more market participants to engage with HyperLiquid and DeFi projects.
- This investment may lead to future strategic moves by Tony G in the DeFi sector as institutional interest in compliant DeFi investments grows.
- The move into DeFi signifies the maturing of the sector and the potential for DeFi to reshape the financial world with institutional support.
- This investment represents a vote of confidence in HyperLiquid and the transformative potential of DeFi, signaling a shift towards regulated DeFi investments.
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