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Bitcoin MVRV Golden Cross In Sight – Next Leg Up Could Be Near

Sun, 06/29/2025 - 18:00

Bitcoin is showing strong bullish momentum despite ongoing market volatility, holding firmly above the $100,000 level as anticipation builds for a breakout into price discovery. After weeks of consolidation and multiple failed attempts to break all-time highs, BTC remains resilient, fueling speculation that a massive move could be just around the corner. The crypto market as a whole is closely watching Bitcoin’s next steps, as its direction will likely set the tone for altcoins and broader risk assets.

Adding to the bullish narrative is fresh data from Santiment, which highlights an important on-chain development: a potential golden cross between the MVRV Ratio and its 30-day simple moving average. Historically, this crossover has signaled major turning points for Bitcoin, often marking the start of strong upward trends. As the two lines converge, investor sentiment is beginning to shift, with more traders positioning for a breakout.

While resistance remains near all-time highs, the technical and on-chain setup suggests that Bitcoin may soon break out of its current range. With momentum building and market confidence growing, a confirmed move into new highs could trigger the next major leg of the bull cycle. For now, all eyes remain on Bitcoin.

Bitcoin Consolidates Above $105K

After a period of heightened geopolitical tension involving the US, Israel, and Iran, global markets have found a sense of relief. With those conflicts now largely de-escalated, risk appetite has returned, and Bitcoin has responded with strength. The leading cryptocurrency pushed decisively above the $105,000 level, reclaiming short-term momentum and signaling renewed confidence among investors. However, BTC now faces a critical challenge: breaking into uncharted territory above its all-time highs.

Currently trading just below the key resistance zone near $109K–$112K, Bitcoin is consolidating in a tight range. Price action has shown resilience, but momentum has paused as bulls and bears battle for control. Still, analysts believe a breakout may be close. Market structure is intact, and support levels have held firmly through recent macro volatility.

Top analyst Ali Martinez has drawn attention to a compelling on-chain signal: a potential golden cross forming between Bitcoin’s MVRV Ratio and its 30-day simple moving average. Historically, this crossover has preceded major upward moves and has served as a reliable indicator of trend reversals. Martinez suggests that if the cross confirms, it could mark the beginning of Bitcoin’s next leg higher.

The coming days will be crucial. A strong breakout above resistance could open the door to price discovery and reignite broader crypto market momentum. Conversely, failure to break through could lead to continued consolidation. For now, Bitcoin is coiled and ready, waiting for a decisive catalyst to define its next major move.

BTC Momentum Builds On 4H Chart

Bitcoin is currently trading at $107,322, showing a tight consolidation just below the key $109,300 resistance level. The 4-hour chart reveals a clear structure of higher lows following the rebound from the $103,600 support zone, which has held strongly through several tests. This level now serves as the lower boundary of Bitcoin’s current range, while $109,300 remains the critical resistance bulls must flip for further upside.

The price is trading above all major moving averages on this timeframe—50 SMA ($105,166), 100 SMA ($105,291), and 200 SMA ($105,810)—which are now converging into a bullish alignment. This structure supports the short-term bullish bias, indicating strength and growing demand above $105K.

However, volume remains relatively subdued during this consolidation phase, suggesting that traders are waiting for confirmation before initiating new positions. A breakout above $109,300, especially on strong volume, would likely trigger a push toward new highs and potentially begin price discovery.

On the downside, a breakdown below $105K would invalidate the current bullish setup and put the $103,600 support at risk. For now, Bitcoin appears coiled within a well-defined range, with momentum slowly building ahead of what could be a decisive move.

Featured image from Dall-E, chart from TradingView

New Crypto Projects to Watch After Ripple-SEC Case Ends

Sun, 06/29/2025 - 17:09

Crypto investors woke up to a refreshing change of tone this week. The long-running courtroom drama between Ripple and the SEC, one of the most talked-about sagas in crypto history, has finally wrapped up.

With years of legal fog now lifting, a clearer path is emerging for blockchain builders and token projects.

For many in the industry, this moment feels like a release valve has been opened. There’s a renewed sense of optimism and possibility, especially for teams working on real-world applications like payments, remittances, and decentralized finance.

Regulation clarity, even in small doses, gives developers and investors the confidence to build and back bold ideas.

And that’s exactly what we’re seeing. As one door closes on Ripple’s legal battle, another opens for new crypto projects – some of which could carry the torch forward.

Ripple vs. SEC: The Legal Drama Finally Ends

The Ripple-SEC case, which began in December 2020, has finally wrapped.

The SEC accused Ripple Labs of selling XRP as an unregistered security, triggering years of courtroom back-and-forth.

In August 2024, the court ruled that XRP wasn’t a security when traded on exchanges, but said institutional sales did break securities laws.

Ripple pushed back with a cross-appeal, while the SEC filed its own.

Now, both sides are dropping their appeals and calling it quits. Ripple will pay a $125M fine and accept a permanent ban on institutional XRP sales.

While neither side got a total win, the fight is over. More importantly, this outcome clears a path for the crypto industry, showing that even high-stakes regulatory battles can end without killing innovation.

1. BTC Bull Token ($BTCBULL) – One Day Left to Ride the Bitcoin Wave

With Ripple’s case finally closed, the market’s attention is shifting to Bitcoin, and BTC Bull Token ($BTCBULL) is perfectly timed to catch that wave.

This meme-powered, Bitcoin-linked token has raised $7.6M in presale and is priced at $0.00258, but there’s only 1 day left to buy $BTCBULL until the presale ends.

What makes it stand out? $BTCBULL is the first meme coin that rewards holders with real Bitcoin every time $BTC hits key milestones like $150K, $200K, and beyond.

It also burns tokens at each milestone like when the $BTC price reaches $125K, $175K, or $225K, reducing supply and increasing value.

You’ll only receive the Bitcoin airdrops if you buy and hold $BTCBULL through Best Wallet, so don’t miss that detail.

In a sea of meme coins with no real backing, $BTCBULL combines hype with actual incentives. It’s built to let everyday investors benefit from Bitcoin’s rise without needing to buy a whole $BTC.

With the bull market heating up and only hours left in presale, $BTCBULL might be the smartest meme coin bet out there.

2. Bitcoin Hyper ($HYPER) – Ripple’s Spiritual Successor

If Ripple just stepped off the stage, Bitcoin Hyper ($HYPER) is stepping right into the spotlight.

With a presale raise of $1.7M and a current price of $0.012075, this project isn’t riding hype – it’s offering serious tech.

$HYPER aims to fulfill what Ripple once promised: lightning-fast, low-cost, cross-border payments. But unlike Ripple, Bitcoin Hyper is fully decentralized and built for the future.

At its core, Bitcoin Hyper is a Layer 2 scaling solution for Bitcoin, built on the Solana Virtual Machine (SVM). That gives it blazing speed, near-zero gas fees, and full compatibility with Solana’s dApps, NFTs, and DeFi ecosystems.

It turns Bitcoin from a passive store of value into an active financial layer, where payments, staking, meme coins, and DAOs can actually thrive.

It’s also cross-chain from day one, enabling seamless movement between Bitcoin, Ethereum, Solana, and more.

$HYPER powers it all – staking, governance, transactions, and launch access. With forecasts suggesting a price range of $0.15 to $0.32 in 2025, the upside for early buyers is very real.

3. Little Pepe ($LILPEPE) – Meme-Powered Layer 2 for Speed and Culture

Little Pepe ($LILPEPE) is currently priced at $0.0013 and has raised $2.8M in its presale.

This project brings memes home with a purpose: it’s a Layer‑2 EVM compatible blockchain built for ultra-low fees, high-speed transactions, security, and a dash of meme magic.

Little Pepe is fully audited, with smart contracts vetted for vulnerabilities, gas efficiency, and ERC‑20 compliance.

The Roadmap promises lightning-fast, culture-first infrastructure that supports meme coins, DeFi, NFTs, DAOs, and more – all without congesting the Ethereum mainnet.

There’s even a $777K giveaway– ten lucky crypto presale participants will each win $77K worth of $LILPEPE tokens.

With the Ripple vs. SEC blockade now cleared, Little Pepe arrives at the perfect time to build on brighter regulatory horizons and tap into renewed optimism.

If you’re hunting fresh new crypto infrastructure that marries culture, speed, and real tech, $LILPEPE is a strong contender.

The Next Wave Begins Now

With Ripple’s legal chapter closed, the door is open for fresh innovation.

Projects like BTC Bull Token, Bitcoin Hyper, and Little Pepe are stepping up with bold visions, strong tech, and real community energy.

Whether you’re after $BTC rewards, next-gen payments, or meme-fueled speed, there’s a presale play here for you.

This is not financial advice. Always do your own research (DYOR) before investing in crypto.

Bitcoin Bet Turns Bitter: 5 Lawsuits Vs. Strategy For $6 Billion Losses

Sun, 06/29/2025 - 16:30

Strategy Inc., the company once known as MicroStrategy, is now at the center of at least five class‑action lawsuits. Investors claim the firm hid big risks tied to its Bitcoin holdings and painted a rosier picture than what was real.

The lawsuits hinge on about $6 billion in unrealized losses and cover an 11‑month stretch from April 2024 through April 2025.

Legal Moves And Allegations

According to filings, the complaints say executives made untrue and misleading statements about Bitcoin’s ups and downs and an accounting change that forces the company to mark its crypto to market.

One lead plaintiff, Abhey Parmar, insists that top officers breached their duties and oversold the company’s outlook. Based on reports, law firms are already bidding to lead these actions—the kind of scramble you see when big money is at stake.

Strategy is facing at least five class action lawsuits alleging securities fraud due to $6 billion in unrealized BTC losses. The lawsuits accuse the firm of misleading investors about Bitcoin risks and profitability. Legal experts say such competing filings are common as firms…

— Wu Blockchain (@WuBlockchain) June 27, 2025

Insider Trades Under Scrutiny

Investors point to trades by new CEO Phong Le and CFO Andrew Kang as proof of inside dealing. They sold about $32 million in stock just before the public disclosure of the accounting shift.

Lawyers say that timing raises questions about whether executives knew how badly the mark‑to‑market losses would hit the books. If they held back material facts until after their trades, that could stiffen the case.

Profit Warning Fuels The Fire

In April, Strategy warned shareholders it wouldn’t break even in Q1 because of those same unrealized Bitcoin losses. The firm reported a loss of $16.49 per share and cautioned it might not turn a profit soon.

That announcement triggered the first suit—filed on May 16 by Pomerantz LLP—and prompted follow‑ons from Gross Law Firm; Bronstein Gewirtz & Grossman; Kessler Topaz Meltzer & Check; and Levi & Korsinsky.

Numbers Behind The Win

Despite the courtroom drama, the stock is up nearly 30% so far this year. Strategy now holds 592,345 BTC, with a total market value north of $63  billion.

The firm bought its Bitcoin at an average of $70,702 per coin, and today they trade around $106,824—an unrealized gain of about $21.3  billion, or roughly 50%. Those figures help explain why investors have stuck with the plan.

Institutional Support Remains Strong

Based on the latest SEC filings, founder Michael Saylor is the biggest holder, with close to 20  million shares—worth almost $8  billion at $389.50 per share.

Other big names include Vanguard at 8.55%, BlackRock at 5.80%, Capital International Investors at 5.80%, Susquehanna Securities at 4.82%, and Jane Street Group at 4.70%.

Strategy’s stock trades near $393.24, valuing the company at about $107.50 billion—a 1.67x premium over its net asset value.

Featured image from Unsplash, chart from TradingView

Bitcoin STH Capitulation Signal Emerges – Historical Rallies Followed This Setup

Sun, 06/29/2025 - 15:00

Bitcoin is up 9% since last Sunday, showing renewed strength as it approaches key resistance levels. After weeks of choppy price action and uncertainty, momentum is building across the crypto market. Traders and analysts alike are closely watching Bitcoin’s next move, with many calling for a potential breakout above the all-time high. With bullish sentiment rising and liquidity returning to risk assets, a decisive move could be imminent.

Supporting this outlook is a key on-chain signal highlighted by top analyst Darkfost. According to his insights, the short-term holder (STH) realized price ratio recently dropped below 0.995—a level that historically signals STHs are capitulating and selling at a loss. This behavior typically emerges during local bottoms, often presenting high-reward opportunities for long-term investors. It’s these moments of weakness that frequently precede strong recoveries and upward trends.

As Bitcoin pushes higher, the broader market remains optimistic that a confirmed breakout could shift momentum across the altcoin sector as well. For now, the focus remains on whether BTC can sustain current gains and break through resistance decisively. With strong fundamentals, growing institutional interest, and supportive on-chain data, Bitcoin’s next major move may be just around the corner.

Bitcoin Faces Critical Test As Market Awaits Next Move

Bitcoin is once again at a crucial juncture, hovering between its all-time high of $112,000 and key support at $105,000. Bulls are working to break above resistance and spark the next leg higher, while bears aim to drag the price below support and shift momentum in their favor. This standoff has created a volatile and indecisive environment, with price swinging between these levels for days. So far, neither side has been able to establish dominance, leaving traders on edge as the next major move begins to take shape.

Adding to the broader market optimism is the US stock market, which has just reached a new all-time high. Many analysts see this as a leading indicator for crypto, suggesting that Bitcoin and altcoins could be next in line to follow the rally. Liquidity conditions are improving, and risk appetite is returning, setting the stage for a potential breakout if Bitcoin can overcome resistance.

Darkfost recently shared a key on-chain signal supporting this outlook. According to his analysis, the Short-Term Holder Spent Output Profit Ratio (STH SOPR) has dropped below 0.995. Historically, this level indicates that short-term holders are capitulating and selling at a loss—a behavior often seen at local bottoms. When STHs exit in fear, it tends to clear the way for stronger hands to accumulate, laying the groundwork for the next leg up.

With bullish macro signals and on-chain metrics aligning, Bitcoin’s current range could soon give way to a major move. Whether that breakout happens above $112K—or a breakdown below $105K—will determine the tone of the next chapter in this market cycle. For now, all eyes remain on Bitcoin.

BTC Price Action: Testing Key Resistance

Bitcoin is currently trading at $107,321, consolidating just below the critical $109,300 resistance level. This zone has acted as a ceiling for over a month, with multiple failed attempts to break above. The latest recovery from the $103,600 support has been strong, with BTC reclaiming all key moving averages—50 SMA ($105,774), 100 SMA ($105,866), and staying well above the 200 SMA ($97,046)—showing a shift in short-term momentum toward the bulls.

The 12-hour chart displays a clear pattern of higher lows, indicating that buyers are stepping in with increasing confidence. However, the lack of volume during this latest push suggests hesitation, as traders await a confirmed breakout before fully committing. For Bitcoin to gain significant upside traction, it must close multiple candles above $109,300, turning resistance into support.

If bulls fail to break above resistance soon, the $105,000–$103,600 zone becomes the critical area to hold. A breakdown below this range could open the door for a deeper retracement toward the 200 SMA around $97,000. Until then, BTC remains in a neutral-to-bullish posture, with the market watching closely for a decisive move that could shape the next leg of this cycle.

Featured image from Dall-E, chart from TradingView

NFT Theft: Fake Insiders Posing As IT ‘Experts’ Rack Up $1 Million–ZackXBT

Sun, 06/29/2025 - 13:30

NFT projects lost roughly $1 million in crypto over the past week when hackers posed as IT staff and struck at the heart of minting systems. The breach hit fan-token marketplace Favrr and Web3 initiatives Replicandy and ChainSaw, among others.

According to onchain investigator and cybersecurity analyst ZackXBT, the attackers pushed out mass batches of NFTs, drove floor prices to zero, then cashed in their haul before teams could react.

NFT: Hackers Slip Into Web3 Teams

Based on reports, the group quietly joined development squads under false identities. They gained insider access to minting contracts. Then they minted thousands of tokens and NFTs in moments.

The sudden flood crushed floor prices and let the thieves grab hot cash in minutes. It all unfolded in under a week, and about $1 million vanished from these projects’ treasuries.

1/ Multiple projects tied to Pepe creator Matt Furie & ChainSaw as well as another project Favrr were exploited in the past week which resulted in ~$1M stolen

My analysis links both attacks to the same cluster of DPRK IT workers who were likely accidentally hired as developers. pic.twitter.com/85JRm5kLQO

— ZachXBT (@zachxbt) June 27, 2025

Mass Minting Drops Prices

Favrr suffered one of the biggest hits. The thieves dumped tokens so fast the market couldn’t catch up. Replicandy and ChainSaw saw similar moves. At Replicandy, floor values hit zero almost instantly.

ChainSaw’s stolen crypto still sits inactive in wallets, waiting for launderers to stir it back into exchanges. ZackXBT pointed out that nested services then further obscured the money trail.

4/ In total I estimate $310K+ from their projects was stolen and transferred primarily between the three address below.

0xf6a9349c54d51f7f76bbd2afd755b5dd75e617ee 0x7e580f916a8e93871b72a694407fb7d790de96a6 0x58f4299465b261e79713e5c78a7629cd656aed36 pic.twitter.com/8noeV48MUY

— ZachXBT (@zachxbt) June 27, 2025

Funds Trace And Freeze Challenges

Onchain transfers moved funds through multiple exchanges and wallets. Analysts say tracing mixed outputs can take weeks. Exchanges must review huge logs.

That slows or even blocks law enforcement from locking down accounts. In the Coinbase data leak back in May 2025, about 69,461 customers had personal info exposed.

Contractors were bribed to hand over user data, leading to an extortion bid against the exchange.

Lessons From Broader Cyber Attacks

The NFT/Web3 insider episode echoes Ruby Sleet’s tactics. In November 2024, that group targeted aerospace and defense firms, then shifted to IT companies via fake hiring drives.

They used social engineering to plant malware and harvest credentials. Today’s blockchain and NFT hacks show that open and irreversible ledgers magnify mistakes. When insiders gain privileges, there’s often no undo button.

Security experts warn teams to rethink trust models. Zero‑trust approaches limit each engineer’s reach. Multi‑party approval gates could block sudden minting spikes.

Real‑time activity monitors can flag odd behavior right away. And code reviews paired with identity checks for every new hire help close gaps before they’re abused.

Featured image from Vecteezy, chart from TradingView

Ethereum Holding Above Key Support On Daily Chart — Eyes Set On Breakout

Sun, 06/29/2025 - 12:00

Ethereum’s daily chart is showing signs of strength, with price action consolidating above the support level and momentum indicators holding steady. The structure suggests that ETH is building a solid foundation for its next move.

Break Above Resistance Could Trigger Fresh Rally

ARZTrader published an update on X, outlining that the Ethereum price is holding above the key support zone at $2,415. This level is acting as a solid foundation as the price consolidates below the 21 Exponential Moving Average (EMA). 

ARZTrader is watching closely for a daily close above the 21 EMA and the 2 Fair Value Gap (FVG) zones, signaling strong demand. If ETH confirms this clean break, ARZTrader expects a bounce toward the $2,740 to $2,900 range. With momentum building and technicals aligning, this could mark the beginning of Ethereum’s next leg up.

According to Whitewalker, Ethereum’s setup is bullish with a clean structure, and dips remain solid till the blue zone of $2,300 to $2,345, a support area that has consistently held. The next take-profit (TP) zone is between $2,914 and $3,014. 

If it breaks above that resistance range, Whitewalker expects momentum to carry ETH toward a larger target zone of $3,900 to $4,100. Currently, ETH is trading and stuck at the 50 and 200 EMAs resistance. However, if the Golden Cross is confirmed, ETH could move sharply to the upside.

Ethereum is approaching a critical moment on the daily chart as price action tightens near the apex of a massive megaphone wedge formation. ETH is pressing against key EMAs around the $2,500 level.

TWJ News mentioned that a breakout above this wedge could ignite a rally, with upside targets ranging between $3,000 and $4,000. However, a drop below $2,360 would invalidate the bullish momentum, while volatility is likely to surge ahead.

Range Still In Play — Breakout Levels Clearly Defined

Technical expert and trader, Daan Crypto Trades, revealed that Ethereum has moved back into the $2,313 and $2,736 after a flush to the downside that cleared out liquidity and stop losses placed below the range, as observed in the 4-hour chart.

Daan Crypto Trades points to $2,500 as the level where the majority of volume has been traded and also marks the mid-range of the structure.  As long as the price hovers around this area, the market remains balanced. A break above $2,500 could open the door for ETH to retest the $2,700 to $2,800 zone, which has been a resistance for too long.

XRP Analyst: No Need To Panic Despite Judge’s Rejection, Rally Still In Play As $2 Holds

Sun, 06/29/2025 - 11:00

XRP recently experienced price volatility following an unfavorable ruling by US District Judge Analisa Torres, which many interpreted as a setback for Ripple. However, despite the legal rejection, a crypto analyst maintains that the broader bullish structure for XRP remains intact. Urging investors not to panic, she expresses strong confidence in the altcoin’s ability to hold the crucial $2 level and continue its upward trajectory. 

XRP Bull Structure Intact Despite Court Blow

Following Torres’ rejection of the joint motion by Ripple and the US SEC for an indicative ruling, XRP faced short-term price fluctuations. Despite the obvious legal setback, X (formerly Twitter) crypto analyst CasiTrades remains unfazed, insisting that there is no need for investors to lose confidence.

The analyst affirms that XRP’s price action remains structurally intact and is moving within a predictable corrective pattern. The recent decline from the legal blow is being interpreted by the analyst as part of a classic ABC correction, with the market now likely in the final leg—Wave C. 

CasiTrade’s chart shows that XRP has reached a critical support zone around $2.07-$2.10, aligning with the 0.618 and 0.5 Fibonacci levels, respectively. So far, XRP has held on firmly to this zone, with the $2.10 support level successfully defending through the daily close. 

Momentum indicators at the bottom of the chart also support this view. XRP’s Relative Strength Index (RSI) on the lower time frames has entered oversold territory near 20 and is beginning to form a Bullish Divergence—a signal of weakening selling pressure. Fibonacci levels on the chart also provide further technical confluence, with the immediate resistance marked at $2.13 (0.236 Fib) and $2.145 (0.382 Fib). A stronger resistance barrier is also forming around the 0.5 Fibonacci Extension level at $2.16. 

According to CasiTrades, if XRP can reclaim and close above these resistance levels, particularly $2.145, it could confirm the end of the ABC correction. The cryptocurrency is also expected to resume its prior bullish trend, with the potential for a fresh rally toward new highs

XRP Prepares For Lift-Off Toward $2.69

In a follow-up chart analysis, CasiTrades reveals that XRP is now approaching the critical support zone at $2.07 as it aims for new highs around $2.69. After a recent rejection at the $2.145 resistance level—which coincided with the 0.382 Fibonacci Retracement and served as the ideal Wave 4 target—the analyst notes that the final phase of Wave C is now unfolding. 

The $2.07 is packed with technical significance, aligning with the 0.618 Fibonacci Retracement of a full move up, the 1:1 extension of Wave C, and the 0.618 sub-wave projection. Based on the analysis, these overlapping Fibonacci levels mark a likely reversal zone.

With price action hovering around $2.08 at the time of the analysis, CasiTrades predicts that as long as XRP holds above the $2.07 support, a bullish breakout could follow, potentially driving it toward $2.25 and even up to $2.69 if momentum continues. 

Featured image from Unsplash, chart from TradingView

Bitcoin Price Teases A Liftoff As It Moves Above Key Moving Averages

Sun, 06/29/2025 - 10:00

Bitcoin is currently trending above key technical levels, signaling stability. After closing at $107,493 BTC remains above both the 25-period and 50-period SMAs, suggesting bulls are still in control, for now. However, without a noticeable spike in volume to fuel momentum, this calm may prove temporary.

Bitcoin Moonwalks Past Key SMAs – Can Bulls Keep The Dance Going?

Shaco AI’s analysis on X revealed that Bitcoin has shown impressive strength over the last four hours, with the price closing at $107,493.07. This move placed BTC above the 25-period Simple Moving Average (SMA) of $106,954.17 and comfortably above the 50-period SMA at $104,913.16. According to Shaco AI, this price action suggests that Bitcoin might be preparing to establish a base above these moving averages, indicating short-term bullish intent.

The Relative Strength Index (RSI) currently stands at 59.91, a level Shaco AI considers balanced, neither signaling overbought nor oversold conditions. This neutral zone implies that BTC still has room to climb without facing immediate pressure from overheated momentum.

Further strengthening the case for bullish momentum, Shaco AI pointed out that the MACD is showing a positive value of +618.43. This reading supports the idea of sustained upward movement, hinting that market participants remain inclined toward buying rather than selling at this stage.

Despite the optimistic signs, Shaco AI also noted the ADX value at 18.32, suggesting that the trend strength remains relatively weak for now. While the current setup leans bullish, the low ADX reading serves as a reminder that momentum could shift quickly, and traders should monitor for any changes in trend strength.

Volume Woes: A Party Missing Its Guests 

Shaco AI, in the same analysis, flagged a concern around trading activity and volume. According to the analyst, Bitcoin’s current volume sits at just 497.62, a sharp drop compared to its average of 2,038.98. In Shaco AI’s words, “it’s like hosting a party but forgetting to send out half the invites,” highlighting the lack of strong participation behind the recent price action.

Turning to key technical zones, Shaco AI identified $108,272.45 as the immediate resistance to watch. A break above this level could open the door for more upside, but if momentum fades, the analyst cautioned that support around $98,200 may come into play.

As for the near-term strategy, Shaco AI advises traders to monitor for breakouts — but with caution. The combination of low volume and only mild trend strength could make price action more unpredictable, increasing the likelihood of fakeouts or sudden reversals.

Bitcoin Funding Rates Continue To Decline — Short Squeeze Incoming?

Sun, 06/29/2025 - 08:30

The price of Bitcoin has had quite the rollercoaster ride over the last seven days, rising from its early-week blues marked by a crash to below the $100,000 mark. The flagship cryptocurrency has roared back to life, running to as high as $108,000 in the past few days.

This recent resurgence has not particularly reflected on the blockchain, with the latest on-chain data suggesting that traders are not willing to bet on Bitcoin’s price. A popular market analytics platform has now evaluated this scenario, putting forward the potential impact on price.

Declining Funding Rates Reflect Increased Short-Side Positioning: Glassnode

In a June 27 post on the X platform, on-chain analytics firm Glassnode revealed that the funding rate for Bitcoin, which has been on a decline over the past few months, seems to be stuck in a downward trend. The relevant indicators here are “Annualized Perpetual (perp) Funding Rates” and “Binance 3-Month (3M) Futures Annualized Rolling Basis” metrics.

The Annualized Perp Funding Rates is a key metric that tracks the periodic payments between long and short traders in the derivatives (perpetual futures) market. This indicator offers timely insights into the sentiment and leverage in the cryptocurrency derivatives market.

When the funding rate is high or positive, it implies that the long traders are paying the traders with short positions. Typically, this direction of the periodic payment suggests a strong bullish sentiment in the market. Meanwhile, a negative value of the metric means that short traders are paying long traders — suggesting a bearish market sentiment.

On the other hand, the 3-Month (3M) Futures Annualized Rolling Basis estimates the annualized yield from buying a cryptocurrency on the spot market and concurrently selling the crypto’s futures contract expiring in 3 months. Typically, futures contracts trade at a higher price than the spot asset — a difference that traders can exploit for profit.

As shown in the chart above, the Annualized Perp Funding Rates and 3-Month (3M) Futures Annualized Rolling Basis have been falling since last November. “Despite high futures activity, appetite for long exposure is fading, reflecting increased caution and possibly more neutral or short-side positioning,” Glassnode noted.

In essence, the declining funding rates and 3-month rolling basis indicate that short traders are continuously crowding the derivatives market. While there has been a cautious approach to the market from traders, institutional flows into US-based Bitcoin exchange-traded funds and an improving macroeconomic climate have been quite a silver lining.

Hence, even if the funding rates keep falling, but the macroeconomic environment and institutional capital inflow remain steady, the market could witness a short squeeze — where short traders are forced to close their positions. This potential scenario is even supported by the fact that the market tends to move in the crowd’s opposite direction.

Bitcoin Price At A Glance

As of this writing, the price of BTC stands at around $107,180, showing no significant movement in the past 24 hours.

Altseason On Hold As Bitcoin Dominance Set For Surge – Details

Sun, 06/29/2025 - 07:00

The altseason, one of the most anticipated events of the crypto bull market, may potentially remain on hold following recent insights by some prominent market analysts. Notably, the current crypto cycle has shown little progress toward a true altseason, with Bitcoin Dominance holding strong, signaling a continued preference among investors for the leading cryptocurrency over alternative digital assets.

Bitcoin Dominance Tipped To Hit 74%, Altseason Remains Elusive

In an X post on June 27, renowned market analyst with X username Rekt Capital projected the Bitcoin Dominance (BTC.D) to experience a steady rise to 74%. Following Bitcoin’s price dip in the early last week, the analyst highlighted a successful retest of the 64% dominance level noting that, historically, such retests are typically followed by a continued rise without meaningful pullbacks until the 71% mark.

Notably, this market insight suggests Bitcoin is likely to keep attracting a massive influx of investment suggesting an altseason may be a distant concept for the present market cycle. For context, the altseason defines a period in the bull cycle when altcoins outperform Bitcoin. It is generally indicated by a fall in Bitcoin Dominance indicating a shift in investors capital from the market leader to other cryptocurrencies.

The altseason has been a major talking point in recent months as some analysts citing the staggering increase in altcoins in past recent years as a major obstacle to replicating the feat seen in 2017 and 2021. Meanwhile, other analysts have argued against this logic stating that while a broad-based altseason may be less likely, a more selective version, featuring strong performances from specific projects, remains on the table. Meanwhile, another popular market expert with X username Daan Crypto has highlighted the altcoin market’s struggling performance since 2024. The analyst explains that altcoins has been stuck in a sideways structure over the past eighteen months, lacking the clear bullish momentum seen in the Bitcoin market. According to Daan Crypto, the key resistance level for the altcoin market lies around the $1.27 trillion mark, a high from earlier in 2024. A confirmed breakout above this level could signal renewed investor appetite for altcoins and push the structural momentum needed for an altseason to begin.

Crypto Market Overview

At the time of writing, the total crypto market cap is valued at $3.24 trillion following a 0.08% gain in the past day. As the market leader, Bitcoin currently holds a market dominance of 64.9%. The remaining 35.1% is accounted for by the altcoin market which is presently valued at $1.11 trillion. 

Bitcoin Market Enters Neutral Zone, On-Chain Data Shows

Sun, 06/29/2025 - 05:30

Bitcoin has come a long way from merely being a financial experiment to becoming an important store of value. Currently sitting at a six-figure valuation, the flagship cryptocurrency has amassed a horde of investors who actively profit from its directional movements. 

Despite all its growth, Bitcoin’s price action still stands influenced by moments of frenzy, fear, and also caution in investors. At the moment, on-chain data points out that Bitcoin might be at a phase where caution is the order of things. Here are the details of this revelation.

90-Day CVD Shifts To Neutral After Prolonged Trends

In a June 27 post on X, the social media platform, crypto analyst Maartunn revealed that there has been an important shift in an important metric. The relevant indicator here is the 90-day Futures Taker Cumulative Volume Delta (CVD) metric, which tracks the net buying or selling pressure in BTC’s futures market. 

A positive and rising value of the metric usually means that the futures market is dominated by the buyers (Taker Buy Dominant). On the other hand, when the indicator is negative, it means that the futures market is being dominated by the short traders (Taker Sell Dominant).

In the post on X, Maartunn pointed out that the current 90-day CVD is flat, which indicates a balance between bullish and bearish forces in the market. While the Bitcoin price might have shown good signs of recovery, this piece of on-chain data suggests that the market leader might return to a consolidation range.

Bitcoin Fear And Greed Index At Neutral Levels

In another June 27th post on X, crypto analytics firm Alphractal made an on-chain observation, which shares similar implications with Maartunn’s report. Alphractal’s revelation was based on the Bitcoin: Fear and Greed Index Heatmap metric, which tracks the market sentiment shift — from extreme fear to extreme greed — over time.

The metric ranges with values from 0 to 100. The range 0-24 signals extreme fear in the market; 25-49 reads as fear, while 50 is interpreted as a neutral level, where there’s a balance between both market sentiments. On the other side of the spectrum, ranges 51-74 signal greed in the market; 75-100 signifies extreme greed in the market, showing widespread optimism that often precedes market tops.

According to data from Alphractal, the Fear and Greed Index is at 65, which is still far from the +90 levels observed in November and December 2024. This balance between the buyers and sellers could suggest that the market could be awaiting a catalyst, like macro news or on-chain developments, to get a breakout to either side of the market.

Due to the current uncertainty, traders are advised to tread with caution in the market. As of press time, Bitcoin is valued at about $107,143, with the cryptocurrency losing approximately 0.11% in the past 24 hours.

Related Reading: Bitcoin’s Price Surges Toward Recent Highs, But Retail Traders Load Up On Shorts

Ethereum Historical Pattern Hints At Potential $10,000 Surge – Analyst

Sun, 06/29/2025 - 02:30

Prominent crypto market analyst Ted Pillows has shared a bullish outlook of the Ethereum market tipping the altcoin to attain a $10,000 price point. Pillows’ bold prediction comes after a modest ETH price uptick of 1.21% in the past week in response to Bitcoin price rebound. However, the altcoin remains in a corrective trend after declining by 9.3% in the past month.

Ethereum Ascending Channel Suggests $10k Price Target – Details

In an X post on June 27, Pillows states an interesting analysis of the ETH market highlighting the presence of multi-cycle ascending channel that stretches as far as 2017. Using the two-weeks trading chart, Pillows shows that Ethereum retests the lower boundary of this channel once every cycle initiating a series of explosive market gains.

Notably, In 2017, a retest to this lower band led to an astonishing 300x surge, while in 2020, it catalyzed a 50x run. In 2025, ETH appears to have touched the same technical level once again, raising the possibility of yet another parabolic move.

For this most recent retest, Pillows adopts a conservative outlook, forecasting a modest 6x gain, likely influenced by Ethereum’s current market cap of $292.25 billion and its increasing exposure to institutional investors, both of which signal a maturing asset. If this projections hold, ETH could surge past the $10,000 mark.

Meanwhile, several other analysts aside from Ted Pillows resonate with an ETH long-term price target of $10,000. For example, market expert with X username Crypto Patel recently echoed this outlook, emphasizing that Ethereum must reclaim and hold above the $2,800 level as a key condition for further upside.

Presently, ETH bulls face a major price barrier around the $2,600 level, where the altcoin has been rejected twice in the past month. Clearing this hurdle is crucial for a retest of the key resistance at $2,800. A breakout above that level could open the path toward the current cycle peak near $4,000.

Ethereum Network Fees Rise By 130%

In other developments, analytics company Sentora reports that the Ethereum weekly network fees hit $10.26 million representing a 130% gain on previous week. Meanwhile, the altcoin also experienced exchange withdrawals valued at $293 million as investors move their holdings to private wallets signaling a strong market confidence. At the time of writing, Ethereum continues to trade at $2,421 reflecting a minor 0.01% gain in the past 24 hours. Meanwhile, the altcoin’s daily trading volume is down by 16.135 and valued at $15.23 billion.

Featured image from Pexels, chart from Tradingview

Bitwise Updates Spot Dogecoin ETF Filing: Will A DOGE Approval Come Before An XRP ETF?

Sun, 06/29/2025 - 01:00

Bitwise has updated its spot Dogecoin ETF filing, providing optimism that the crypto fund could launch soon. Based on Bloomberg analysts Eric Balchunas and James Seyffart’s prediction, the XRP ETFs are still expected to launch before the DOGE ETFs. 

Bitwise Amends S-1 For Spot Dogecoin ETF

According to a SEC filing, the asset manager has filed an amended registration statement for its spot Dogecoin ETF. This has increased optimism that the SEC could soon approve this fund. In an X post, Balchunas stated that the amendment is a good sign as it indicates that Bitwise is engaging with the Commission. 

The Bloomberg analyst further remarked that the amendment also tracks with other spot approvals. Meanwhile, he revealed that a huge change that Bitwise made to the spot Dogecoin ETF filing is the addition of in-kind creations and redemptions. This ETF mechanism enables authorized participants (APs) to create and redeem shares using DOGE instead of cash. 

Balchunas noted that this provision wasn’t initially there when Bitwise filed for a spot Dogecoin ETF in January. The analyst also declared that it is a “near lock” at this point that in-kind will be allowed in spot ETFs across the board. Besides Bitwise, asset managers 21Shares and Grayscale have also filed to offer a Dogecoin ETF. 

Earlier in the month, 21Shares had filed an amended S-1 for its spot DOGE ETF. Back then, Eric Balchunas stated that the amendment made things maybe even more interesting. He noted how amendments are typically filed after comments from the SEC. As such, there is the possibility that the Commission has given feedback to two prospective DOGE ETF issuers. 

Grayscale is the only spot Dogecoin ETF issuer that has yet to file an amended registration statement. However, that could change soon if indeed the SEC is providing comments to these issuers. This would be similar to how all the prospective Solana ETF issuers amended their S-1 filings after the Commission asked them to do so. 

Will the SEC Approve the DOGE ETFs Before the XRP ETFs?

Balchunas and Seyffart predict that the SEC is unlikely to approve the spot Dogecoin ETFs before the XRP ETFs. These Bloomberg analysts recently raised their odds of approval for an XRP ETF in 2025 to 95%. Meanwhile, they predict that there is a 90% chance that the Commission will approve a DOGE ETF this year. 

Factors like the fact that XRP has a regulated futures market through the CME put the XRP ETFs above the Dogecoin ETFs. Seven asset managers have filed for an XRP ETF, compared to three for DOGE. The XRP Lawsuit is also coming to an end, which is another positive development. However, it is worth noting that the XRP and Dogecoin ETFs both have a final SEC deadline of October 17, which means they could be approved on the same day. 

At the time of writing, the Dogecoin price is trading at around $0.16, up in the last 24 hours, according to data from CoinMarketCap.

Here’s What Happens If Dogecoin Follows Previous Cycle Trends

Sat, 06/28/2025 - 20:30

Dogecoin is starting to stabilize above the $0.16 level again, as shown by its price action in the past 48 hours. As it stands, bulls of the meme coin are trying to reverse the downtrend that began earlier this month, which saw its price pull back to $0.146 early last week. 

However, although current sentiment may seem sluggish, a look at historical trends suggests that the recent pullback could be the calm before an explosive continuation. Interestingly, technical analysis shows that Dogecoin might be on track to valuations above $20 if it repeats one of its previous cycle trends. 

Potential 120X Dogecoin Rally Above $20+

An analysis shared on X by crypto analyst Javon Marks takes a look at Dogecoin’s cyclical nature and price playout in previous cycles to predict its future movement for the current cycle. By mapping Dogecoin’s 12-day candlestick chart, the analyst identified three distinct phases of accumulation followed by massive growth: the 2017 rally, the massive 2021 bull run, and what appears to be the early-to-mid stages of the current cycle. 

Each of the previous cycles began with months of sideways or slightly upward movement before finally going into parabolic gains. This pattern, which first took place in 2017, not only repeated in 2021 but ended up with larger returns and started from a higher base.

As shown in the chart below, Dogecoin surged by about 90X from its accumulation range in 2017. That was followed in 2021 by a bigger 306X rally that pushed DOGE into the mainstream and ended up with its current all-time high around $0.73. 

Now in 2025, despite some mid-cycle volatility, Dogecoin’s price chart is once again forming a familiar pattern of an ascending consolidation phase with higher lows. This upward-sloping foundation is significant because it shows that Dogecoin is setting the stage for another large macro movement.

If the trend continues, the analyst predicted that Dogecoin could go on a rally of over 120 times its current value. In this case, the analyst projected a price target above $20 for Dogecoin’s next significant peak.  

This Cycle Could Be The Most Explosive Yet

The 2017 bull run delivered a 90X surge, followed by a much larger 306X explosion in 2021. If the same exponential growth pattern holds true, the current cycle could dwarf the price gains seen in both previous rallies. 

Cycle-based projections have been the rave for Dogecoin and other large market cap cryptocurrencies. These predictions have resonated with technical analysts, especially with meme coin traders, because of how closely Bitcoin and Ethereum have adhered to four-year halving cycles. 

If DOGE’s performance truly follows its past, the rally to $20 will undoubtedly align with a wider altcoin euphoria that’s typically seen at the height of bull markets. Based on the current circulating supply of Dogecoin, a surge to $20 would see its market cap rising above $2 trillion. At the time of writing, DOGE is trading at $0.162, inching up by a small 0.8% in the past 24 hours.

Altcoin Setup Strengthens As Bitcoin Holds Structure – Entry Opportunity?

Sat, 06/28/2025 - 19:00

The altcoin market has endured prolonged volatility and intense selling pressure for months, leaving many investors questioning when the long-awaited altseason will finally arrive. Since early last year, major altcoins have seen sharp declines, with most trading well below their cycle highs. Despite temporary rallies, the broader sentiment has remained cautious as market participants await a stronger catalyst for sustained upside momentum.

Now, top analyst M-log1 has shared a technical view that could reshape expectations. He suggests that if Bitcoin is set to follow US stocks and break into new all-time highs in the coming days or weeks, altcoins may offer some of the best entry points seen in this cycle. Historical patterns show that Bitcoin strength often precedes aggressive moves in altcoins, particularly once BTC stabilizes at higher levels.

As Bitcoin consolidates near its highs, eyes are turning toward the altcoin market, where undervalued assets may be primed for explosive moves. With capital rotating and risk appetite slowly returning, many traders are preparing for what could be the next major shift in crypto market dynamics.

Altcoins Position For Reversal After Months Of Bleeding

Since last December, the market has faced a relentless downtrend. Many altcoins have lost over 70% of their value, with investor confidence shaken and capital flight toward Bitcoin dominating sentiment. Ethereum has also struggled to find solid footing, failing to reclaim key levels and dragging the broader altcoin space with it. Despite brief moments of strength, the market has not shown a clear path toward sustained recovery.

However, some analysts see this painful stretch as the final phase before the next bullish expansion. M-log1 shared an optimistic perspective that could shift the narrative. According to his analysis, if Bitcoin continues to mirror the strength seen in the stock market and breaks into new all-time highs in the coming days or weeks, altcoins could soon offer the best entry opportunities of the cycle. He emphasized, “I don’t know if we are going to see the run we waited for real soon, but I am absolutely not betting against it given how everything looks around.”

M-log1 believes the current phase of liquidity sweeps and volatility is a necessary setup before a major move. Once these sweeps are complete, a powerful rotation into altcoins could begin. For seasoned investors watching historical cycles, such moments of extreme weakness often precede explosive rallies. With macro conditions, technical structure, and sentiment aligning, altcoins may be nearing a key inflection point. Traders are now positioning for a potential shift — one that could redefine this phase of the bull cycle.

Ethereum’s Performance Vs. Bitcoin

The ETH/BTC weekly chart shows Ethereum trading at 0.02256 BTC, continuing a prolonged downtrend that began in early 2023. ETH has underperformed significantly against Bitcoin, highlighting a broader theme of weak altcoin dominance during this cycle. The chart reveals that Ethereum remains well below the 50-week, 100-week, and 200-week moving averages — all of which are sloping downward, reinforcing the long-term bearish structure.

While there has been a slight rebound in recent weeks, the price remains trapped in a tight consolidation range after a steep decline. Volume has also decreased, indicating indecision as traders wait for a clearer trend. If ETH fails to reclaim higher ground relative to BTC, it could delay the broader altcoin rotation investors have been anticipating.

However, this deep underperformance may offer asymmetric upside if sentiment shifts. Historically, ETH/BTC reversals have preceded strong altcoin rallies. If Ethereum can close above 0.025 BTC and flip the 50-week moving average into support, it would signal a potential reversal and broader strength in the altcoin market.

Featured image from Dall-E, chart from TradingView

800K Bitcoin A Month: Long-Term Holders Fuel Unprecedented Holding Spree

Sat, 06/28/2025 - 17:30

Bitcoin’s patient investors are making waves again. Long-term holders—those who haven’t sold in at least six months—have piled on a net 800,000 BTC over the past 30 days. That’s a fresh record. Prices have surged to new highs in 2025, yet these seasoned hands just keep buying.

Record Breaking Accumulation By Veteran Holders

According to CryptoQuant, the 30-day change in long-term holder supply just hit +800,000 BTC. That level has only been seen six times before. It shows real faith from investors who’ve held coins through every dip and rally. They’re shrugging off a market that’s already trading north of $100,000.

Historic Signals Point To Major Moves

Based on reports from CryptoQuant contributor Darkfost, similar spikes in LTH supply came in July 2021 and September 2024. Each of those runs led to big price jumps soon after. When patient players pile in this hard, history suggests it can set the stage for a fresh rally.

Key Price Range For Patient Buyers

CryptoQuant’s data also show coins newly qualifying as long-term were bought between $95,000 and $107,000. That zone looks like a comfort area for big whales and serious investors. It may act as a floor if Bitcoin slips, with buyers ready to defend those levels.

Support Zone For Short-Term Players

On the other side, short-term holders—those in for six months or less—have a joint cost basis just under $100,000. Glassnode warns that the $98,000–$93,000 band is critical. As long as Bitcoin stays above there, speculators can hold on. If it falls below $93,000, some of them could sell fast, digging a deeper pullback.

Patient and speculative groups are thus sending two clear messages. The long-term cohort is showing rare confidence by adding hundreds of thousands of coins. The short-term crowd is braced around familiar support levels.

Watching these on-chain clues side by side can help anyone in the market right now. If you’re holding for the long haul, you’re in good company—big players are still stacking BTC even after all the gains. If you trade more actively, keep an eye on that $98,000–$93,000 floor. A drop below could be your signal to lock in gains or tighten stops.

Overall, the balance of power favors the bulls, but only as long as support holds. Bitcoin’s history shows that when veteran holders double down, good things often follow. At the same time, speculators need enough confidence to stay in. For now, those two forces are in a delicate dance—one that could decide whether Bitcoin breaks higher or takes a deeper breath.

Featured image from Getty Images, chart from TradingView

Bitcoin Bulls Dominate Bybit – Taker Buy/Sell Ratio Soars To 11.5

Sat, 06/28/2025 - 16:00

Bitcoin is facing a critical test as price action compresses between two key levels: the $112,000 all-time high and the $105,000 support zone. Bulls are attempting to reclaim momentum and push BTC into price discovery, while bears are working to invalidate recent gains and trigger a deeper correction. However, the current landscape is dominated by uncertainty. Volatility has surged, yet there’s no decisive trend in play, creating a tense environment filled with indecision on both sides of the market.

Fueling the speculation is fresh data from CryptoQuant, which reveals extreme Buy-Side Aggression on Bybit. Bitcoin’s Taker Buy/Sell Ratio on the exchange has spiked to 11.5, an unusually high reading that indicates traders are heavily favoring long positions. This surge in aggressive buying suggests growing confidence among bulls, who believe a breakout is imminent. However, it also introduces risk. When positioning becomes this one-sided, the market often punishes late entrants with sudden reversals.

With liquidity clustered near both the $112K resistance and the $105K support, Bitcoin appears coiled for a volatile move. Whether BTC breaks higher or loses key support will depend on how the broader market reacts to this lopsided positioning—and how long bulls can sustain the pressure without confirmation.

Bitcoin Breakout Hopes Grow Amid Heavy Long Positioning

Bitcoin has climbed 9% since last Sunday, pushing the price toward key resistance levels and reigniting hopes of a breakout above its all-time high. After weeks of consolidation and choppy action, the recent surge suggests that a decisive move could be on the horizon. Momentum is clearly building, and many analysts are growing confident that Bitcoin is preparing to challenge its $112,000 peak. If bulls manage to break through, BTC could enter price discovery and trigger a wave of fresh inflows.

Despite the optimism, risks remain elevated. The broader macroeconomic backdrop is still tight, with interest rate uncertainty, geopolitical tensions, and unstable global liquidity pressuring all risk assets. Bitcoin may be showing strength, but it’s doing so in an environment that could quickly shift against risk-on positioning. This has led some traders to remain cautious, even as technicals show upside potential.

Top analyst Maartunn added fuel to the conversation by highlighting alarming data from CryptoQuant. Bitcoin’s Taker Buy/Sell Ratio on Bybit has skyrocketed to 11.5, indicating extreme Buy-Side Aggression. This means market participants on Bybit—often referred to as “Bybit Apes”—are opening heavy long positions and aggressively pressing for upside. While this reflects strong conviction, such one-sided positioning can backfire if momentum stalls or reverses.

BTC Consolidates After Sharp Rebound

Bitcoin is currently trading at $107,168 after gaining strong upward momentum from the $103,600 support level. The 8-hour chart shows a clear recovery following the June 24 bounce off the 200-day simple moving average (SMA), marked in red, which acted as a dynamic support. Price has since climbed above the 50 SMA (blue) and 100 SMA (green), signaling renewed short-term bullish momentum.

However, BTC is now facing resistance near $109,300, just below the critical $110,000 zone. This area has previously triggered multiple rejections, making it a significant short-term barrier. A confirmed breakout above this zone could open the door for a retest of the all-time high at $112,000.

Volume has slightly decreased during the recent consolidation phase, which suggests indecision. While moving averages have aligned in bullish sequence (price > 50 SMA > 100 SMA > 200 SMA), Bitcoin must maintain this structure and break above $109,300 with strong volume to validate continuation.

If bulls fail to break resistance, the $105,300–$103,600 zone will be crucial to watch for potential support. A drop below that could signal renewed downside pressure. For now, BTC remains in a bullish posture but faces a key test just ahead.

Featured image from Dall-E, chart from TradingView

Bitcoin Hits Resistance As Momentum Dwindles, Why BTC Could Crash To $103,000

Sat, 06/28/2025 - 14:30

Bitcoin has been on a recovery trend after falling below $100,000 last weekend. The break of this psychological level was no doubt a demoralizing development. However, the largest cryptocurrency by market cap has since recovered, pushing toward $108,000 before hitting resistance. This resistance has become a major obstacle in the campaign for new all-time highs, and with momentum declining at this level, it carries some bearish implications for the price.

Bitcoin Resistance Says Crash Could Be Incoming

In a TradingView post, crypto analyst FirstNameHelen, outlined the resistance level that Bitcoin has failed to beat and that is now driving the bearish momentum. The analyst highlights $108,200 and $108,800 as the levels of concern, and this is where there has been significant resistance for the Bitcoin price.

This level has previously been the ceiling for the price, according to Helen, and this is why it has been important. However, the retest in a bid to break above the resistance has been unsuccessful, and this suggests that bears are still firmly in control of the price.

After this pushdown, the Bitcoin price has consolidated below the support level in the last few days. While this could sometimes mean a gathering of momentum to facilitate the next move upward, the crypto analyst explains that this means there is hesitation in the market. Since investors are not willing to move forward and remain cautious, the potential for a bearish reversal is increased as pressure rises.

The possibility of the reversal points to only a short-term rally and not a sustained move upward that could see the price reach new all-time highs. Unless the price sees a definitive break through the resistance and makes its way into the $110,000 level, then it is likely to continue its decline.

In light of the piling bear pressure, Helen has predicted that the price could move downward toward the next support level. This lies at $103,000 as the corrective wave moves into motion. It also coincides with the declining trendline from the mid-June peaks.

If this weekend plays out similarly to last weekend, then the Bitcoin price could be looking at another major crash that could send it below $100,000 again. A 10% crash would see a retest of its June lows, especially as uncertainties about the war in the Middle East abound. However, if momentum does rise again, then a breakout could be possible.

At its current price level, the Bitcoin price is only around 5% shy of breaking its all-time high of $111,900. Meanwhile, the altcoin market continues to struggle as prices sit at low levels.

Best Altcoins Wall Street Might Chase After BlackRock’s Bitcoin ETF Breakout

Sat, 06/28/2025 - 14:20

BlackRock just made headlines by flipping the script: its spot Bitcoin ETF, iBIT, is now generating more fee revenue than its own S&P 500 ETF, IVV.

That’s a major milestone – and a wake-up call. When the world’s biggest asset manager starts earning more from Bitcoin than from traditional stocks, you know the tide is turning.

The crypto space isn’t just surviving the bear market anymore. It’s evolving, maturing, and starting to win over serious money.

And while Bitcoin might be leading the charge, it’s unlikely to stay alone at the top. As institutional interest expands, the best altcoins with real potential could be next in line.

Institutions Are Warming Up to Crypto – Fast

In a development few could have predicted a year ago, BlackRock’s iBIT ETF is now generating $186M in annual fees – surpassing the $183M earned by its S&P 500 ETF, IVV.

That’s not just a win for Bitcoin – it’s a bold signal that institutional interest in crypto is growing rapidly and with conviction. With billions in capital at stake, traditional finance is no longer ignoring digital assets.

This shift suggests a structural change in how institutions view crypto – no longer as a fringe speculation, but as a legitimate, fee-generating investment class.

As Bitcoin becomes normalized on Wall Street, the door opens for altcoins to follow.

New crypto projects that show promise, utility, and strong community backing may soon attract serious attention from the same institutional investors who once wouldn’t touch crypto at all.

Wall Street’s appetite is growing, and the smart money is looking for what’s next after Bitcoin.

1. Best Wallet Token ($BEST) – The DeFi Gateway Wall Street Didn’t Know It Needed

Best Wallet Token ($BEST) is the powerhouse utility token behind Best Wallet, a next-gen DeFi platform redefining what a crypto wallet can be.

Designed to challenge outdated giants like MetaMask, Best Wallet is gaining serious traction thanks to advanced features, intuitive design, and a growing user base (50% monthly growth and 72K followers on X).

At the core of its ecosystem, $BEST unlocks real benefits: reduced transaction fees, early access to new crypto projects, higher staking rewards, and exclusive perks through iGaming partnerships.

It also enables access to Upcoming Tokens – a secure, in-app crypto presale hub that helps users dodge scam sites and buy early, safely.

Security is no afterthought either. The wallet is powered by Fireblocks’ MPC-CMP tech, giving users full control without compromising safety.

So far, $BEST has raised $13.6 million in its presale phase, with the current price sitting at just $0.025245.

It’s still early, but clearly not under the radar, especially with forecasts predicting a potential high of $0.072 in 2025 and up to $0.82 by 2030. Wall Street might want to start paying attention.

2. SUBBD Token ($SUBBD) – When the TikTok Brain Meets Crypto

SUBBD Token ($SUBBD) is where AI agent, influencer culture, and crypto collide. It’s not just riding the wave of viral content, it’s helping creators own it.

Built as the first AI-powered content and monetization platform, $SUBBD empowers creators to generate income directly from their audience while automating the behind-the-scenes work that usually eats up their time (and profits).

Think of it as a blockchain-native alternative to Patreon and OnlyFans, but with smarter tools.

Creators get an AI assistant to handle chat, editing, scheduling, and monetization. Fans can interact via AI-generated photos, videos, and avatars – all approved by the original influencer.

Payments are instant, low-fee, and borderless, with crypto or fiat options.

$SUBBD already boasts a combined reach of 250M+ followers through its ecosystem of creators and ambassadors.

With $702K raised and $SUBBD currently priced at $0.055775, it’s still early – but not unproven.

If Wall Street’s next bet is on the creator economy, $SUBBD may be one of the few projects that actually understands what Gen Z wants, and how to monetize it.

3. Ondo Finance ($ONDO) – Bridge Between Wall Street and DeFi

$ONDO is the token behind Ondo Finance, a project that’s bringing traditional assets like U.S. Treasuries onto the blockchain in a way that institutions can actually get behind.

Ondo Finance is all about making real-world financial tools – like bonds and short-term government debt – accessible on-chain, with full compliance and transparency.

Right now, $ONDO is trading around $0.7554.

Holding $ONDO gives you a say in how the project evolves, including decisions around new products and the development of Ondo Chain – their own upcoming Layer 1 blockchain.

One of Ondo Finance’s standout products is $OUSG – a token that gives accredited investors access to short-term U.S. Treasuries, with 24/7 minting and redeeming via RLUSD (Ripple’s USD-backed stablecoin).

It already has hundreds of millions in supply and runs on Ethereum, Solana, and the XRP Ledger.

As institutions look beyond Bitcoin for yield and stability, $ONDO is well-positioned to be part of that next move.

Altcoin Season Might Just Be Institutional This Time

If BlackRock’s Bitcoin ETF success proves anything, it’s that institutions are diving into crypto.

As Wall Street looks beyond Bitcoin, projects like Best Wallet Token, SUBBD Token, and Ondo Finance offer real utility – from DeFi access to creator monetization to tokenized Treasuries. These three could be next on the institutional radar.

Before investing in crypto, make sure to do your own research (DYOR). This article is for informational purposes only and not financial advice.

Crypto Momentum Continues: US House Passes Legislation To Promote Blockchain Adoption

Sat, 06/28/2025 - 13:00

The US House of Representatives has advanced a new bipartisan crypto legislation to promote Blockchain adoption in different areas and boost the nation’s competitiveness with federal support.

Blockchain Promotion Bill Passes US House

On Thursday, policy tracking platform Bitcoin Laws reported that the US House of Representatives passed a bill directing the US Secretary of Commerce to lead the national efforts to promote the competitiveness of the United States and the adoption of blockchain and other distributed ledger technologies (DLT).

In February, Republican Representative Kat Cammack introduced HR 1664, also known as the Deploying American Blockchains Act of 2025, to establish a Blockchain Deployment Program, aiming to develop best practices and explore the adoption of blockchain in multiple areas.

According to the bill, co-sponsored by Democratic Representative Darren Soto, the Secretary would be required to serve as the President’s principal advisor for the deployment, use, application, and competitiveness of blockchain and other DLT, and take the actions necessary and appropriate to support the US leadership in this sector.

These activities include developing policies and recommendations on blockchain deployment risks, while helping promote the national security and economic security of the United States concerning blockchain technology.

Additionally, it establishes that the US Secretary of Commerce must encourage and improve coordination among Federal agencies for the deployment of these technologies to offer federal support.

If signed into law, HR 1664 would also require the establishment of advisory committees to support the adoption of blockchain technology in the first 180 days after the date of the Act’s enactment.

Following its bipartisan support, the crypto legislation was received by the Senate earlier this week to continue the legislative process.

Crypto Legislation Advances In Congress

HB 1664’s passage follows the steps of other crucial crypto legislations in Congress, which have received significant bipartisan support in the two chambers. Recently, the stablecoin-related bill, the GENIUS Act, passed the Senate’s full vote and advanced to the House of Representatives.

Meanwhile, the House’s crypto market structure bill, CLARITY Act, passed its two committee markups at the start of the month. However, the future of both legislations seemed uncertain as some lawmakers pushed to package the two bills together.

As reported by Bitcoinist, House leaders were reportedly pushing to merge the GENIUS Act and the CLARITY Act to increase the bills’ chances of passing Congress and being sent to US President Donald Trump’s desk before the August recess deadline.

Nonetheless, Senate Banking Committee Chair Tim Scott revealed a new timeline for the crypto market structure framework at a press event on Thursday, suggesting an effort to keep the bills separate.

According to White House Crypto and AI Czar David Sacks’ summary of the new timeline, the legislation will be introduced before the August recess, followed by a Markup during the first week of September, and its final passage scheduled by the end of that month.

Sacks stated that “President Trump supports CLARITY on market structure as well as GENIUS on stablecoins,” adding that “July will be a big month, with a bill signing for GENIUS, and CLARITY going to the Senate!”

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