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Why Is Crypto Down Today? – June 27, 2025 BitcoinCryptocurrencyMarket “Following a recent easing of geopolitical tensions in the Middle East, financial markets have entered a notably constructive phase,” says Ruslan Lienkha, chief of markets at YouHodler. The crypto market has recorded a minor decrease; BTC is mostly unchanged over the 24 hours at $107,367, while ETH fell 1.5% to $2,447; Positive news related to regulatory and adoption developments globally gave contributed to the investor calm; US spot Bitcoin ETFs recorded 13 consecutive days of positive flows, spot ETH ETFs recorded outflows; ’Financial markets have entered a notably constructive phase’; ’A favorable backdrop may soon trigger another significant rally in the crypto space’; Analysts note a possibility for another significant rally
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Pi Network’s Pi2Day Is Tomorrow: Groundbreaking Development or Another Disappointment? Pi Network’s Pi2Day The excitement about June 28 has been on a wild run for the past several weeks, which even impacted the underlying asset’s token at one point. Among a few other possible reasons, PI skyrocketed by over 15% on a 24-hour scale earlier this week but has lost most of its momentum since then. The community continues with various speculations about what could be announced tomorrow, with the most brought up option being a listing on a major exchange. Naturally, Binance’s name is among the leaders given the exchange’s previous hints and community votes.
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Ethereum logs largest single-day whale buy since 2018 – Why this matters A historic Ethereum [ETH] buying spree unfolded, with nearly 1 million ETH scooped up by whales in a single day – the largest since 2018, according to Glassnode data shared by Quinten. By the end of June, the net positions of whale wallets holding between 1,000 and 10,000 ETH soared to 14.2 million ETH. This significant accumulation coincided with prices trading in the range below $2,500, a zone that has historically defined cycle bottoms. Active Currencies17548 Market Cap$3,393,369,500,195.00 Bitcoin Share62.74% 24h Market Cap Change$-2.47  Home > Ethereum > Ethereum logs largest single-day whale buy since 2018 – Why this matters Ethereum Ethereum logs largest single-day whale buy since 2018 – Why this matters 2min Read Will tightening supply be enough to push ETH toward $5,000? Whales bought nearly 1 million ETH in one day, the largest since 2018. Each cycle, Ethereum’s retest of the $1,550–$2,500 zone marked a macro bottom and sparked a vertical rally. A historic Ethereum [ETH] buying spree unfolded, with nearly 1 million ETH scooped up by whales in a single day – the largest since 2018, according to Glassnode data shared by Quinten. By the end of June, the net positions of whale wallets holding between 1,000 and 10,000 ETH soared to 14.2 million ETH. This significant accumulation coincided with prices trading in the range below $2,500, a zone that has historically defined cycle bottoms. Source: Quinten/X Ethereum whales are waking up To supplement this, the on-chain data captured one wallet that lay dormant for more than 1.2 years, eventually waking up. The whale withdrew 1,051 ETH, about $2.58 million, from Binance to a cold wallet, as Onchain Lens denoted. This contributed to increased trading volume of whales, who were probably hoping to see more upward price movement. While buying pressure mounted, so did staking.
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Tether, Blackstone Vets Raising $1 Billion for Public Bitcoin, Ethereum and Solana Treasury A Tether co-founder and former Blackstone dealmaker are aiming to raise $1 billion to build a digital asset treasury for a company they aim to take public, according to a Bloomberg report. The duo, ex-Blackstone executive Chinh Chu and stablecoin titan Reeve Collins, will raise the capital through their special-purpose acquisition company M-3 Brigade Acquisition V Corp., the publication reported Wednesday, citing sources familiar with the matter. The firm’s treasury would hold several digital assets, including Bitcoin, Solana and Ethereum. The number of publicly traded crypto treasuries has mushroomed in recent months as the prices of Bitcoin and other assets have soared amid a more favorable political environment for the crypto industry. Strategy, formerly MicroStrategy, first pioneered the model of building a crypto treasury after pivoting its focus from software development to Bitcoin in 2020. The firm holds more than 592,000 Bitcoin valued at roughly $63.6 billion based on current prices. Strategy’s stock price has surged 165% over the past year. More than 250 entities, including 141 publicly traded firms, hold Bitcoin on their balance sheets as of publication time, according to bitcointreasuries.net data. The number of entities with Bitcoin holdings has increased 13% over the past month. Several public companies have begun establishing corporate treasuries based on other cryptocurrencies, including XRP and Solana. In late May, gambling marketing firm SharpLink Gaming announced a $425 million private share sale to raise funds for an Ethereum treasury, leading investors to bill it the “Strategy of Ethereum.”
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Top Reasons Why Bitcoin Price May Retest $92k First Before Reaching $120k in the Midterm Bitcoin (BTC) price has experienced heightened resistance around $108k in the past few days amid the de-escalation of the Middle East crisis. The flagship coin dropped slightly to trade at about $107,472 on Thursday, June 26, during the mid-North American session. After recording an impressive comeback, following the 90-day pause on most reciprocal tariffs in April, BTC price has been forming a potential reversal pattern. The bearish sentiment for BTC price has been forming amid the growing demand from institutional investors, led by Strategy, and Metaplanet. Menu     Price Analysis  Steve Muchoki   Jun 26, 2025 19:21 UTC  0  0 Top Reasons Why Bitcoin Price May Retest $92k First Before Reaching $120k in the Midterm  Story Highlights Bitcoin price has been forming a falling trend since hitting its all-time high around $112k in mid-May 2025. The high demand for spot Bitcoin from institutional investors has not rejuvenated bullish sentiment. Bitcoin (BTC) price has experienced heightened resistance around $108k in the past few days amid the de-escalation of the Middle East crisis. The flagship coin dropped slightly to trade at about $107,472 on Thursday, June 26, during the mid-North American session. After recording an impressive comeback, following the 90-day pause on most reciprocal tariffs in April, BTC price has been forming a potential reversal pattern. The bearish sentiment for BTC price has been forming amid the growing demand from institutional investors, led by Strategy, and Metaplanet. Major Factors Weighing Down on Midterm Bullish Sentiment for Bitcoin Price The BTC price, in the daily timeframe, has been forming a falling trend following a bearish breakout from a rising wedge formed in late May 2025. The midterm bearish sentiment for BTC price is bolstered by the falling daily Relative Strength Index (RSI) with the MACD line having crossed below the zero line.
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