XRP Price Boom in Crosshairs as Traders Expect Short Squeeze Fueled Rally
XRP’s XRP ballooning open interest reflects a surge in speculative activity and hints at a potential price breakout in the near term, market watchers say, as the token trades around $2.20 as of Tuesday morning. “XRP’s open interest has surged to nearly $5 billion (over the weekend), indicating increasing...
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Crypto ATM operators in Australia hit with cash limits and tougher compliance checks
Australia has introduced new operating conditions and cash transaction limits for crypto ATM providers to curb scams and enhance anti-money laundering compliance. In a June 3 press release, the Australian Transaction Reports and Analysis Centre (AUSTRAC) stated that crypto ATM…...
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Ethereum Flashes Bullish Morning Star Candlestick Pattern – Is ETH Rally Getting Started?
While Ethereum (ETH) has posted impressive gains of 37.7% over the past month, the second-largest cryptocurrency by market capitalization still remains over 33% below its June 2024 levels. However, recent technical and on-chain indicators suggest that ETH may be on the verge of a significant breakout. Ethereum Prints Bullish...
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This Isn’t A ‘Great Sign’ For Bitcoin, Says Top Currency Trader: ‘Whales Are Once Again….’
Influential trader Justin Bennett raised alarm over Bitcoin’s (CRYPTO: BTC) trajectory on Monday as whales increased their short exposure against retail investors. What Happened: Bennett took to X, drawing attention to a bearish signal for the leading cryptocurrency. He highlighted that the whale vs retail delta indicator, sourced from cryptocurrency...
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Strategy Announces Proposed IPO of STRD Stock to Buy More Bitcoin
On June 2, Strategy announced that it plans to offer an IPO of “10% Series A Perpetual Stride Preferred Stock” at $100 per share under the ticker STRD. It intends to use the net proceeds from the offering for “general corporate purposes, including the acquisition of Bitcoin and for...
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Ethereum Foundation overhauls core teams to focus on L1 performance, blob efficiency, and UX
The Ethereum Foundation’s restructuring could enhance blockchain efficiency and user experience, potentially accelerating Ethereum’s adoption. The post Ethereum Foundation overhauls core teams to focus on L1 performance, blob efficiency, and UX appeared first on Crypto Briefing....
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No Limit Holdings Goes All In on Future $15 Trillion Digital Asset Industry with Closing of Oversubscribed Fund
[PRESS RELEASE – June 2nd, 2025, Chainwire] No Limit Holdings (NLH), an investment firm focused on global blockchain assets, and ClearVue Partners (CVP), a leading consumer & technology growth equity firm today announced the final close of CVP NoLimit Fund II (Fund II) which will invest into native crypto...
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South Korea Sees First Institutional Crypto Sale Ahead Of Presidential Election – Details
South Korea saw its first institutional digital assets sale following the start of its ban lift on institutional crypto transactions. The positive development came two days before the snap presidential elections, scheduled for June 3, 2025. First Institutional Crypto Sale In South Korea On Sunday, South Korean non-profit organization...
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Ethereum Extends Winning Streak to 6 Weeks, Inflows Hit $1.19 Billion
Ethereum has led digital asset inflows over the past week, marking its strongest run since early 2024. With $321 million in inflows in the past seven days, Ethereum extended its winning streak to six consecutive weeks. This brings the total for this timeframe to $1.19 billion, the most since...
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Peter Schiff Says It Was His Economic Teachings That Made People Want To Buy Bitcoin: ‘An Unintended Consequence’
Peter Schiff said Monday that his teachings on economics inadvertently led many to invest in Bitcoin (CRYPTO: BTC), despite his advice against it. What Happened: Schiff shared his experience at the Bitcoin 2025 conference on his YouTube podcast. He stated that many attendees credited him as the reason they bought the leading...
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