Bitcoin Surpasses 105,000 USDT with Daily Increase Accordin | Mughal_Jansheen on Binance Square

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Bitcoin Surpasses 105,000 USDT with Daily Increase
According to Foresight News, Bitcoin has risen above 105,000 USDT, currently trading at 105,008.91 USDT. This marks a daily increase of 3.43%.
#BTC 
#USDT  $BTC 
reference: https://www.binance.com/en/square/post/06-06-2025-bitcoin-surpasses-105-000-usdt-with-daily-increase-25258099012265 

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Ethereum's Role in Stablecoins and DeFi Gains Attention Amid Market Developments According to Odaily, Nick Tomaino, founder of 1confirmation, recently shared his views on the X platform, highlighting Ethereum's foundational role in stablecoins, risk-weighted assets, DeFi, NFTs, decentralized social networks, and prediction markets. Despite these contributions, Tomaino noted that the market often overlooks Ethereum's achievements and that the Ethereum community sometimes lacks a competitive spirit. However, with Ethereum's on-chain activity reaching historic highs, Circle's public listing pushing stablecoins into the mainstream, and a new collaboration between X and Polymarket, Ethereum is gradually balancing creativity with competitiveness. #ETH #BTC #BigTechStablecoin reference: https://www.binance.com/en/square/post/06-07-2025-ethereum-s-role-in-stablecoins-and-defi-gains-attention-amid-market-developments-25283902153785

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Ether ETFs Experience Continued Inflows Amid Market Volatility According to Cointelegraph, U.S.-based spot Ether exchange-traded funds (ETFs) have marked their third consecutive week of inflows, with the potential to surpass $1 billion if the trend continues. On June 6, spot Ether ETFs recorded $25.3 million in inflows, extending the streak to 15 consecutive days, as reported by Farside data. Since May 16, the inflow streak has accumulated $837.5 million, representing approximately 25% of the total $3.32 billion in net inflows since the launch of spot Ether ETFs in July 2024. Should this pattern persist into the following week, an additional $162.5 million could elevate the streak's total to $1 billion. In contrast, spot Bitcoin ETFs experienced a break in their inflow streak on May 29, with $346.8 million in outflows, leading to volatile flows characterized by alternating inflow and outflow days. Meanwhile, the spot price of Ether has risen by 31.23% over the past 30 days, currently trading at $2,490, according to CoinMarketCap data. Cointelegraph has also highlighted a multi-year gold fractal suggesting a potential Ether price rally towards $6,000 in the coming months. Technical analyst Crypto Eagles noted on June 3 that Ether appears to be repeating patterns from the 2024–2025 cycle, potentially paving the way for a new all-time high. Ether's current all-time high of $4,878 was achieved in November 2021, as per CoinGecko data. Some industry experts argue that incorporating staking into spot Ether ETFs could enhance long-term performance. On May 31, Cointelegraph reported that the first Ethereum and Solana staking ETFs might debut in the United States within weeks, following a recent filing by ETF provider REX Shares. ETF analyst James Seyffart mentioned that, although the launch date remains uncertain, the firm has employed "regulatory workarounds" to bring these products to market. #BTC #btcnews $BTC $ETH

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Hong Kong to Permit Professional Investors in Crypto Derivatives According to PANews, the Hong Kong Securities and Futures Commission plans to allow professional investors to trade cryptocurrency derivatives, aiming to expand the local virtual asset market. Data reveals that the derivatives market reached a trading volume of $21 trillion in the first quarter of 2025, significantly surpassing the spot market's $4.6 trillion. Previously, the Hong Kong Legislative Council passed a stablecoin licensing bill to advance the regulatory framework for virtual assets. Industry experts consider the derivatives regulations a crucial component in Hong Kong's compliance landscape. reference: https://www.binance.com/en/square/post/06-05-2025-hong-kong-to-permit-professional-investors-in-crypto-derivatives-25196347177241

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Bitcoin Faces Uncertainty Amid Trump's Tariff Decisions According to Odaily, Swyftx's Chief Analyst Pav Hundal has identified U.S. President Donald Trump's ongoing "tariff ultimatums" as a significant threat to Bitcoin bulls over the next two months. Hundal suggests that U.S. policymakers might wait for "hard data" before easing monetary policy, potentially slowing growth and dampening market sentiment. Previously, Bitcoin fell below $100,000 due to trade policy uncertainties and experienced volatility for three months. Despite the U.S. International Trade Court ruling Trump's tariffs invalid on May 28, he recently decided to increase foreign steel and aluminum tariffs to 50%. Hundal believes that if tariff uncertainties are resolved, Bitcoin could reach $120,000 in June. #BTC #btcnews $BTC reference: https://www.binance.com/en/square/post/06-05-2025-bitcoin-faces-uncertainty-amid-trump-s-tariff-decisions-25196654242473

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BitMine Immersion Technologies Completes Public Offering and Plans Bitcoin Purchase According to PANews, BitMine Immersion Technologies, a Bitcoin mining company, has announced the completion of its public offering of 2.25 million shares, priced at $8 per share, raising a total of $18 million. The company intends to use the net proceeds for the direct purchase of Bitcoin. Additionally, BitMine's stock has been approved for listing on the NYSE American exchange under the ticker symbol 'BMNR' as of June 5. This move will coincide with the termination of its trading on the OTCQX market. #BTC #btcnews $BTC

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