Bitcoin Waiting for Leverage Flush Before Next Big Move: Analyst
“Now is a bad time to take paper bets on BTC,” said technical analyst Willy Woo on June 2. He said it was “open season on liquidation hunts due to high levels of betting,” before adding that Bitcoin was “waiting to purge the bets before the next swing of...
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Bitcoin Strength Wows Traders After Market Tumble; ETH, DOGE Lead Majors Gains
Bitcoin BTC hovered above $105,000 on Tuesday, marking a steady climb after a sell-off over the weekend and Monday resulted in nearly $1 billion in liquidations, rattling traders. Ether ETH led gains among majors at 4.5%, coming as the blockchain’s Foundation restructured staffing to focus on protocol developments in...
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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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