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Cryptography News
NullTX
1w
192
Image Credit: NullTX
Market Watch: Meme Coins Slow Down Buying as Bitcoin Creates New Lower High After Bounce
- Meme coins like Pengu and Fartcoins maintain weekly gains as Bitcoin sees a new lower high after bounce.
- Major meme coins have slowed down on buying today with minor gains as Bitcoin struggled to stay above $109k.
- Some low-cap altcoins are following suit while assets on Dex defy the odds by posting significant daily gains amid market uncertainty.
- Meme coins may sustain recovery, especially on centralised exchanges, but decentralised exchange assets could see larger gains despite potential market drops.
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Coindoo
1w
351
Image Credit: Coindoo
Binance to Pause Polygon Deposits and Withdrawals During Network Upgrade
- Binance will pause Polygon deposits and withdrawals during a network upgrade starting at 11:10 UTC.
- The upgrade is scheduled to occur at block number 73,440,256 around 12:10 UTC on the same day.
- Trading of POL tokens on Binance will continue as usual during this period, with users not needing to take any action.
- Once the upgrade is completed, deposits and withdrawals will automatically resume, with Binance managing the technical aspects.
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Coinjournal
1w
25
Image Credit: Coinjournal
Wintermute secures Bitcoin-backed credit line from Cantor Fitzgerald
- Wintermute, a crypto market maker, secures a Bitcoin-backed credit line from Cantor Fitzgerald for its OTC trading operations.
- The credit facility from Cantor Fitzgerald is part of its $2 billion Bitcoin Financing Business, aiming to provide secured credit lines to digital asset firms.
- Wintermute's CEO emphasizes that the credit line will enhance the firm's ability to hedge risk, maintain market presence, and react quickly to price shifts.
- The deal signifies a cautious return of institutional interest in crypto lending, with firms like Wintermute and Cantor Fitzgerald paving the way for more regulated lending practices in the crypto market.
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Financemagnates
1w
299
Image Credit: Financemagnates
Spain “Dismantled” €460 Million Crypto Fraud Ring, Arrested 5
- Spanish law enforcement has dismantled a crypto investment fraud ring, arresting five individuals linked to laundering €460 million from over 5,000 victims worldwide.
- Arrests were made with the help of Europol and law enforcement agencies in Estonia, France, and the United States as part of an ongoing investigation.
- The suspects operated a global network using cash withdrawals, bank transfers, and crypto transactions, establishing a business and banking structure in Hong Kong to move stolen funds.
- Authorities across Europe are intensifying efforts to combat such scams, with France and Belgium reporting significant financial losses due to fake investment websites and fraudulent trading platforms.
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Coindoo
1w
94
Image Credit: Coindoo
VeChain: Analyst Predicts Hidden Breakout Opportunity, Targets as High as $2
- An analyst shared a hidden breakout opportunity for VeChain, targeting as high as $2, particularly for the XRP community.
- Key bullish signals include a full candle close above the 21-day EMA at $0.027 and a confirmed close above the symmetrical triangle's upper boundary at $0.06.
- The projected price target of $1.80 to $2 is based on a measured move of the symmetrical triangle pattern and aligns with the 1.618 Fibonacci extension.
- While technical indicators are strong, confirmation is crucial to avoid risks like a 'dead cat bounce' if key levels are not sustained.
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Coinjournal
1w
115
Image Credit: Coinjournal
Bitcoin Pepe gains momentum as Vanadi Coffee bets big on BTC
- Bitcoin surged above $108,000 with strong institutional support and ETF inflows, correcting slightly to $107,570.05.
- Vanadi Coffee plans to purchase up to $1.17 billion in Bitcoin despite recent losses, aiming to redefine its treasury plan.
- Bitcoin Pepe raised over $16.1 million in presale, generating excitement ahead of upcoming exchange listings.
- Bitcoin Pepe's upcoming listing is anticipated on major platforms, potentially boosting visibility and trading volume.
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Zycrypto
1w
398
Image Credit: Zycrypto
Japan’s Metaplanet Acquires 1,005 BTC, Now Holds More Than CleanSpark, Galaxy Digital
- Metaplanet, Japan’s largest corporate Bitcoin treasury, acquires an additional 1,005 BTC, surpassing CleanSpark and Galaxy Digital in holdings.
- The purchase was at $108.1 million per token, bringing Metaplanet's total Bitcoin holdings to 13,350 BTC valued at over $1.4 billion.
- Metaplanet becomes the world’s fifth-largest holder of Bitcoin among publicly traded firms, outpacing Galaxy Digital and CleanSpark.
- Metaplanet's expansion strategy includes issuing 0% interest rate bonds worth $208 million to facilitate more Bitcoin purchases towards accumulating 100,000 BTC by 2026.
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Coindoo
1w
0
Image Credit: Coindoo
Ethereum Holds Strong – Could Bigger Gains Be Ahead?
- Ethereum has rebounded above $2,400, providing short-term relief to traders according to MakroVision's technical analysis.
- Analysts suggest a potential recovery in the current price action, with a neutral market structure indicating no clear control by bulls or bears.
- If Ethereum maintains momentum above $2,400, the next price target could range between $2,740 and $2,880.
- However, failing to hold the $2,130 support could turn the outlook bearish, risking a drop towards the $1,730 zone.
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Cryptoticker
1w
162
Image Credit: Cryptoticker
ARB Price Prediction: Huge Rally Ahead?
- Arbitrum (ARB) price shows signs of life in recent candles, sparking speculation.
- Rising speculation around a partnership between Robinhood and Offchain Labs boosts ARB.
- If tie-up confirmed, ARB price could sustain rally, targeting resistance levels.
- Technical indicators indicate potential for further gains in short-term ARB price.
- Traders should watch for key resistance levels to validate bullish momentum.
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Coinjournal
1w
77
Image Credit: Coinjournal
AI crypto Block3 plans to disrupt gaming, presale goes live on July 1
- Block3 is a next-generation platform aiming to democratize game development with a focus on shortening development cycles and reducing costs through its proprietary AI engine Trinity.
- The engine generates entire playable games based on text prompts, enabling real-time game creation and iteration, disrupting the traditional game development model.
- Block3's integration of generative AI and blockchain infrastructure promises to revolutionize game development by eliminating technical and financial barriers, leading to more inclusive and scalable frameworks.
- The BL3 token is the foundational utility asset within the Block3 ecosystem, powering various functions, and its presale starts tomorrow with a structured approach offering substantial rewards to early buyers over the 90-day span.
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Coindoo
1w
171
Image Credit: Coindoo
Japan’s Metaplanet Climbs into Top 6 Bitcoin Holders
- Tokyo-based firm Metaplanet has acquired a total of 13,350 Bitcoin, surpassing high-profile holders like Tesla and Galaxy Digital, aiming to control 1% of the entire Bitcoin supply by 2027.
- Metaplanet has been aggressively buying Bitcoin, acquiring around 10,000 BTC in the past three months, with plans to own 210,000 BTC.
- The firm issued bonds worth $208 million to fund its Bitcoin buying strategy and refinancing earlier debt, with CEO Simon Gerovich leading the strategic expansion.
- Metaplanet's stock price surged over 10% to 1,633 JPY as investors take note of its crypto-heavy strategy, positioning the company as a central player in the digital asset ecosystem.
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Coinjournal
1w
312
Image Credit: Coinjournal
Arbitrum price prediction as Robinhood rumours spark 21% surge
- Arbitrum price surged 21% fueled by speculation of a potential Robinhood partnership.
- Increased on-chain activity, including a 25% rise in active addresses, indicates a potential price surge.
- Technical indicators suggest a possible short-term rally to $1, with key support levels at $0.30 and $0.26.
- The surge in Arbitrum's (ARB) native token was influenced by market optimism over a potential collaboration with Robinhood, highlighted during a fireside chat and on-chain data points to growing utility.
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Coindoo
1w
222
Image Credit: Coindoo
Top Analyst Predicts BTC Surge After Short-Term Pullback
- Analyst Credible foresees Bitcoin breaking out of consolidation zone and following bullish trajectory based on Elliott Wave theory.
- BTC expected to trade in a compressed range under resistance, with potential short-term rally to $110,000 before possible dip to $100,000.
- Low volatility and tighter consolidation could act as a catalyst for significant upward movement, leading towards new all-time highs by the end of July.
- Analyst optimistic about altcoin market as well, citing small influence of crypto in global liquidity and potential for major rallies.
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Coinjournal
1w
364
Image Credit: Coinjournal
Best crypto to buy now as Robert Kiyosaki remains strongly bullish on Bitcoin
- Bitcoin (BTC) is trading around $107,500, just 3% below its all-time high of $111,980.
- Bitcoin Pepe's presale has seen inflows of over $16 million, with a listing announcement scheduled for today.
- Robert Kiyosaki remains strongly bullish on BTC, stating he is continuing to accumulate Bitcoin and views it as a hedge against the broken monetary system.
- The renewed market sentiment is driving interest in early-stage and speculative tokens, with projects like Bitcoin Pepe benefiting from the resurgence in risk appetite.
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Coinjournal
1w
72
Image Credit: Coinjournal
Best crypto for next bull run: top crypto presales analysts favor for 2025
- Analysts are prioritizing high-upside presales like MAGACOIN FINANCE, BlockDAG, Qubetics, and Mutuum Finance for the anticipated next crypto bull run in 2025.
- MAGACOIN FINANCE is gaining attention for its scarcity-based supply model and increasing presale activity with potential for exponential returns.
- Qubetics, Mutuum Finance, and BlockDAG are also highlighted for their innovative features, strategic positioning, and strong market traction in preparation for the upcoming market breakout.
- Investors seeking early-stage opportunities are encouraged to consider projects like MAGACOIN FINANCE, Qubetics, Mutuum Finance, and BlockDAG, as they exhibit promising growth potential and unique value propositions.
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