Cosmos (ATOM) experienced a notable 5% rally today, reaching an intraday high of $4.52. However, technical analysis indicates the formation of a bearish head-and-shoulders pattern, suggesting a potential trend reversal. 📉 Key Levels to Watch: A confirmed breakdown below the neckline could target a decline to $3.80. Traders should monitor volume and price action closely…
In the second quarter of 2024, the XRP Ledger (XRPL) experienced a significant decline in on-chain activity. According to Ripple’s Q2 2024 XRP Markets Report, transaction volumes dropped by 65.6%, with approximately 86.38 million transactions recorded, compared to 251.39 million in the first quarter of the same year . This downturn coincided with a 168%…
Bitcoin (BTC) is currently trading at approximately $105,430, reflecting a modest increase of 0.25% today. Despite this slight uptick, the cryptocurrency market is exhibiting signs of caution, with traders closely monitoring key support levels amid potential downside risks. 📉 Key Support Levels to Watch Analysts have identified several critical support zones that could influence Bitcoin’s…
Taiwan’s BitoPro Crypto Exchange Confirms $11.5M Hack, Assures User Funds Are Safe Taiwan-based cryptocurrency exchange BitoPro has confirmed a security breach that resulted in the loss of over $11 million from an old hot wallet during a system upgrade on May 8, 2025. The incident was initially brought to light by blockchain investigator ZachXBT, who…
Bitcoin and Ethereum Plunge Amid $800M Liquidation Triggered by Trump-Musk Tensions In a dramatic turn of events, the cryptocurrency market experienced a significant downturn, with Bitcoin (BTC) and Ethereum (ETH) leading the decline. The sharp drop resulted in approximately $800 million in liquidations, affecting both long and short positions. This upheaval is attributed to escalating…
Financial and political implications of Trump’s “One Big Beautiful Bill” have been the front and centre of all financial debates in recent weeks. While many argue this legislation could prove a bane for the US national debt, high-profile crypto experts are convinced that it may actually emerge as a catalyst for Bitcoin’s next major rally,…
In a surprising move that sent ripples through the crypto market, Donald Trump’s social media platform, Truth Social, has officially filed to launch a Spot Bitcoin Exchange-Traded Fund (ETF). The filing, submitted through the parent company Trump Media & Technology Group (TMTG), marks a notable pivot into digital assets, suggesting growing institutional interest in Bitcoin….
NYSE Group filed paperwork Tuesday to list a “Truth Social Bitcoin ETF,” linked to Trump Media. Trump Media, majority-owned by Donald Trump, is partnering with Yorkville Advisors for the ETF. Yorkville America Digital is the sponsor; Crypto.com affiliate Foris DAX Trust Company will be custodian. Trump Media & Technology Group Corp. (TMTG) is moving closer…
Pi Network users are reporting second migration prompts amid unresolved KYC issues. 276M PI tokens are set to unlock in June, raising sell-off concerns. Currently, Pi Coin trades below $0.66 with bearish technical indicators. The Pi Network is facing renewed tension as community frustration grows over a fresh wave of migration prompts and persistent Know…
XRP open interest hits $5 billion, signalling possible breakout. Dogecoin jumps above $0.20 as traders rotate into meme tokens. Analysts forecast potential highs of $137K for BTC and $12K for ETH in 2025. The cryptocurrency market is gaining ground again in early June 2025, with Bitcoin, Ethereum, XRP, and Dogecoin all staging notable recoveries. As…
