Ametistho

Crypto Trending Pick: $GLMR – Moonbeam’s Comeback on the Polkadot Stage

Moonbeam’s native token, $GLMR , launched in early 2022 as a Polkadot-based EVM-compatible smart contract platform designed for Ethereum developers. It hit its all-time high of $29.84 in January 2022, but then lost over 99% of its value, reaching a low near $0.0793 on March 11, 2025.

Since that low, $GLMR has begun recovering, trading at approximately $0.0914, marking a 16–17% increase in the past 24 hours and about 18% over the past week . The token now has a market cap close to $90 million, with daily trading volumes between $23 million and $24 million.

The rebound reflects renewed community confidence, buoyed by Moonbeam’s upcoming roadmap and growing adoption in cross-chain DeFi and dApp development. With strong fundamentals and increasing on-chain activity, $GLMR appears poised to challenge its old downside trends—and with enough momentum, may even explore the $0.20–$0.30 range again.

🇨🇴 Colombian presidential hopeful Miguel Uribe Turbay critically wounded in Bogotá shooting

Colombian Senator Miguel Uribe Turbay, aged 39 and a presidential pre-candidate for the 2026 election, was shot during a campaign rally on Saturday, June 7, at El Golfito Park in Bogotá’s Fontibón district.

The attack occurred as Uribe Turbay was speaking to supporters; he was shot twice in the head and once in the chest/thigh area.

$BTC

🚨 BREAKING: BTC Just Shattered Expectations at $106.2K! 🚨

Bitcoin is on 🔥 fire right now—rocketing past $106,000 amid surging whale activity and evaporating sell walls around $106K.With shorts getting liquidated across the board and technical charts lighting up, this is not your average Monday morning in crypto .

Here’s the full-throttle scoop:
• Whale whiplash: A single whale dumped over $100 M in BTC into Binance, triggering wild swings and renewed bullish momentum.
• Resistance crumbles: The massive sell wall at $106K is being clawed away—if it breaks, we’re eyeing a dash toward $112K or higher!!!

#SouthKoreaCryptoPolicy

South Korea is rolling out major crypto reforms—already in motion and set to accelerate in the coming months. Here’s the latest, data-driven snapshot.

⸻

✅ 1. KYC & AML Rules — June 2025

As of June 1, the Financial Services Commission (FSC) enforced tighter Know-Your-Customer (KYC) and Anti-Money Laundering (AML) standards across exchanges and non-profits. These include:
• Joint customer due diligence with banks.
• Mandatory transaction routing through verified KRW accounts.
• Restrictions on “zombie coins” and low‑liquidity memecoins. Exchanges must delist tokens that fail liquidity benchmarks.

⸻

🏦 2. Non-Profit Crypto Sales Allowed

For the first time, non-profits can now legally accept crypto donations—but with strict conditions:
• Must have ≥ 5 years of audited operations.
• Internal committees to review each donation.
• Immediate liquidation into fiat.
• Donations only in tokens listed on ≥ 3 KRW exchanges

#CryptoCharts101

Every candle tells a story — of buyers, sellers, pressure, and potential. Learning to read charts is like learning a new language — and once you’re fluent, the market starts speaking to you.

🔍 Here are a few key patterns traders often watch for:

✅ Reversal Signals
• Hammer / Inverted Hammer
• Engulfing Patterns
• Morning Star / Evening Star

📈 Trend Indicators
• Higher highs & higher lows
• Moving averages crossover
• Volume confirmation

🚨 Breakout Setups
• Triangles (ascending, descending, symmetrical)
• Bullish/bearish flags
• Double bottom / double top

Understanding these basics helps you time your entries, manage risk, and avoid emotional trades.

🧠 Question for you:
Which chart pattern do you trust the most when identifying a breakout or trend shift?

#TradingMistakes101

Every seasoned trader has a story—of a missed opportunity, a rushed decision, or an emotional trade. Mistakes aren’t just inevitable in trading—they’re essential. They’re how we grow.

Maybe you FOMO’d into a pump. Or ignored your stop-loss. Or held too long hoping for a bounce that never came. We’ve all been there.

🔁 The key is to reflect:
• What triggered that mistake?
• What could you have done differently?
• How will you avoid it next time?

Here’s one piece of advice I’d give to any new trader:
“Protect your capital first, profits come later.” Risk management isn’t optional—it’s survival.

So to all new traders:
Don’t be afraid to make mistakes. Just be sure to learn from them. Track your trades. Journal your emotions. And never stop improving.

HUMA X UMA
📉 HUMA Finance ($HUMA ) Slide & Snapback – $UMA Soars

HUMA’s roller‑coaster ride
• After launching in late May, $HUMA hit about $0.12 near its Token Generation Event (TGE).
• It then crashed ~45% in 24 hours to around $0.062, erasing all post-launch gains; daily trading volume remained high at over $600 million
• More recently, $HUMA has bounced—rising roughly 18–20% from its May 31 low of ~$0.045 to about $0.053–$0.054, with a 38% pickup in 24‑hour volume to around $439 million.

UMA’s steady ascent
• $UMA is currently trading at about $1.32, up ~10% over the last 24 hours and ~20% week‑to‑date.
• CoinGecko reports a ~19.4% increase over 7 days, outperforming broader crypto market gains (~0.3%)

🇺🇸 Trump Warns Musk of “Very Serious Consequences” Over Democrat Support 💥

In an escalating public feud, former President Donald Trump issued a stark warning to Elon Musk on June 7, 2025, stating that the tech magnate could face “very serious consequences” if he decides to fund or support Democratic candidates in the upcoming 2026 midterms. Trump emphasized the gravity of his message in a phone interview with NBC’s Kristen Welker, repeating Sternly,

“He’ll have to pay very serious consequences if he does that.”

🔎 The feud started when Musk began publicly criticizing Trump’s signature legislation—the “One Big Beautiful Bill”—calling it a “disgusting abomination” for its impact on the national debt, and floated the idea of backing Democrats or launching a new political party to counter GOP fiscal excesses.

#CryptoFees101

💸 Let’s Talk Fees: How to Trade Smarter and Pay Less in Crypto

When it comes to crypto trading, fees matter — and over time, they can eat into your profits more than you think. Here’s a quick breakdown of the main fee types you’ll encounter:

🔹 Maker Fees – Charged when you place an order that adds liquidity to the market (e.g., a limit order not filled immediately). Usually lower.
🔹 Taker Fees – Applied when you take liquidity by executing market orders or matching existing orders.
🔹 Withdrawal Fees – Charged when transferring crypto out of an exchange. These vary by token and platform.
🔹 Spread Costs – The hidden fee between buy and sell prices, especially in less liquid markets.

💡 How to reduce trading costs?

✅ Use limit orders when possible to pay lower maker fees.
✅ Trade during high liquidity hours for better spreads.
✅ Consolidate your withdrawals to avoid repeated fees.
✅ Choose exchanges with VIP programs or fee discounts via native tokens (like BNB or CRO).

$USDC

Crypto Trending Pick: $USDC – USD Coin’s Steady Ascent Amid Market Volatility

Launched in September 2018 by Circle and Coinbase under the Centre Consortium, USD Coin ($USDC ) is a fully-backed stablecoin pegged 1:1 to the U.S. dollar. Operating across multiple blockchains, including Ethereum, Solana, and Polygon, USDC has become a cornerstone in the digital asset ecosystem, facilitating seamless transactions and serving as a reliable store of value.

As of June 7, 2025, USDC maintains its peg at $1.00, with a 24-hour trading volume of approximately $9.06 billion and a market capitalization of around $61.11 billion, ranking it as the seventh-largest cryptocurrency by market cap.

Notably, Circle, the issuer of USDC, recently completed a successful initial public offering (IPO) on the New York Stock Exchange under the ticker “CRCL.” The IPO was priced at $31 per share but opened at $69, soaring to a peak of $103.75 before closing at $83.23 on its first day, marking a 168% surge. This performance underscores growing investor confidence in stablecoins and their role in the evolving financial landscape.

#BigTechStablecoin

🚨 Big Tech Eyes Stablecoins: Apple, Google, Airbnb, and X Explore Blockchain Payments

In a significant move towards modernizing payment systems, major tech companies—Apple, Google, Airbnb, and Elon Musk’s X—are reportedly in early discussions with cryptocurrency firms to integrate stablecoins into their platforms. The goal: to reduce transaction fees and enhance the efficiency of global payments.

💳 Why Stablecoins?

Stablecoins, digital currencies pegged to traditional fiat currencies like the U.S. dollar, offer the benefits of blockchain technology—such as speed and transparency—without the volatility associated with other cryptocurrencies. In 2024, stablecoin transactions surpassed $27.6 trillion, outpacing the combined volumes of Visa and Mastercard.

$MASK

💥 $MASK Crashes Hard — What Just Happened?

The crypto markets just dealt a brutal blow to $MASK holders. In the last 24 hours, MASK has plunged over 22%, wiping out recent gains and shaking investor confidence.

Once praised for its potential in decentralized privacy and identity protection, MASK is now facing a harsh reality: intense market sell-offs, declining volume, and mounting bearish sentiment. Analysts point to a combination of profit-taking, low liquidity, and regulatory uncertainty around privacy tokens as key factors behind the drop.

While some believe this is a temporary correction, others fear a deeper retracement is underway. Technical indicators have turned red across the board, with RSI oversold and support levels breaking fast.

🚨 U.S. Supreme Court Grants DOGE Access to Social Security Data Amid Privacy Concern

On June 6, 2025, the U.S. Supreme Court authorized the Department of Government Efficiency (DOGE) to access sensitive Social Security Administration (SSA) data, including names, Social Security numbers, employment histories, and medical records. This decision overturned a previous injunction by a Maryland district judge, which had limited DOGE’s access due to potential privacy violations.

The ruling comes shortly after Elon Musk stepped down from his role as a special government employee leading DOGE. Despite his departure, the court’s decision allows DOGE, an initiative established by President Donald Trump to streamline federal operations, to proceed with its data access plans. 

Critics, including labor unions and privacy advocates, have expressed alarm over the potential misuse of personal data and the lack of transparency surrounding DOGE’s operations. Justice Ketanji Brown Jackson, in her dissent, highlighted the “grave privacy risks for millions of Americans” posed by the decision.

This development underscores ongoing debates about government efficiency initiatives and the balance between administrative reform and individual privacy rights.

🍚 Japan’s Rice Crisis Deepens as Prices Hit Record Highs 🇯🇵

Japan is grappling with its worst rice shortage in decades, leading to record-high prices and widespread consumer frustration. The average price for a 60kg bag of rice harvested in 2024 has soared to over ¥26,400 ($184), driven by a poor 2023 harvest, inflation, and supply chain disruptions. 

In response, the government has released 600,000 metric tons from its emergency reserves and is considering additional imports to stabilize the market. Despite these measures, supermarket shelves remain sparse, and long queues persist, highlighting the severity of the crisis.

Agriculture Minister Shinjiro Koizumi has initiated reforms, including direct sales of stockpiled rice to retailers, aiming to reduce prices and improve distribution efficiency. However, critics argue that longstanding protectionist policies and an aging farming population have exacerbated the situation, calling for comprehensive agricultural reforms.

As the nation approaches key elections, the government’s handling of the rice shortage remains under intense scrutiny, with potential political ramifications on the horizon.

💥 Billionaire Clash Sends Tesla Stock Tumbling 16%

In a dramatic twist worthy of Wall Street soap operas, tensions between Elon Musk and President Donald Trump have rattled markets. On Thursday, Trump publicly declared that he “won’t have the same great relationship” with Musk going forward. The Tesla CEO fired back with a series of sharp posts, criticizing U.S. policies on EV subsidies and energy regulation.

🚨 The fallout? Tesla (TSLA) shares plunged 16%, wiping out billions in market cap in a single trading session.

With investor confidence shaken, the billionaire feud could have broader implications for tech and clean energy sectors.
#TrumpVsMusk

Trump Administration Considers Major Federal Funding Cuts to California

The Trump administration is reportedly preparing to significantly reduce federal funding to California, with potential cuts targeting the University of California (UC) and California State University (CSU) systems. Sources indicate that federal agencies have been instructed to identify grants that could be withheld, with actions possibly commencing as early as next week. 

White House spokesperson Kush Desai stated that the administration is assessing funding cuts due to opposition to California’s liberal policies, although no final decisions have been made.

California officials, including Governor Gavin Newsom and Speaker Emerita Nancy Pelosi, have condemned the potential cuts, arguing they are politically motivated and could have devastating impacts on education, healthcare, and scientific research.

Governor Newsom has suggested that the state consider withholding its substantial federal tax contributions in response to the proposed funding reductions.

This development follows previous tensions between the Trump administration and California, including the revocation of $4 billion in high-speed rail funding and threats to education funds over transgender policies.

The situation remains fluid, with state leaders vowing legal challenges against any such cuts, framing them as undemocratic and punitive.

Dogecoin’s Recent Volatility: Navigating the Meme Coin’s Market Dynamics

Dogecoin ($DOGE ), the cryptocurrency born from internet memes, has recently experienced notable price fluctuations. As of June 6, 2025, DOGE is trading at approximately $0.179, reflecting a 12.5% decline over the past 24 hours.

Factors Influencing the Recent Decline

Several elements have contributed to DOGE’s recent downturn:
1. Political Tensions: A public disagreement between Elon Musk, a prominent advocate for Dogecoin, and former President Donald Trump over economic policies has introduced uncertainty into the market.
2. Market Sentiment: The broader cryptocurrency market has been experiencing volatility, with Bitcoin testing support levels around $101,000–$98,000. This has had a cascading effect on altcoins, including DOGE.  
3. Technical Indicators: Analysts have noted that DOGE recently found support near the $0.1719 level, corresponding to the 0.786 Fibonacci retracement. However, the daily structure remains bearish, with consecutive lower highs. 

Potential for Recovery

Despite the recent decline, there are signs that DOGE may be poised for a rebound: 
• Support Levels: The price has shown resilience around the $0.1660–$0.1720 range, a historical demand zone.
• Technical Signals: Indicators such as the Relative Strength Index (RSI) have recovered from oversold levels, suggesting a potential shift in momentum. 
• Market Dynamics: If Bitcoin stabilizes and broader market sentiment improves, DOGE could benefit from renewed investor interest.

Conclusion

Dogecoin’s recent price movements underscore the cryptocurrency’s sensitivity to both market dynamics and external factors. While the current trend appears bearish, key support levels and technical indicators suggest the potential for recovery. Investors should monitor broader market conditions and DOGE’s price action closely to assess future opportunities.

As of June 6, 2025, the crypto market presents a mixed landscape:
• Ravencoin ($RVN ) has declined by approximately 10.5% over the past 24 hours, currently trading at $0.0133.
• Livepeer $LPT ) is down about 8.85%, with a current price of $7.21.
• Conversely, Huma Finance ($HUMA ) has risen by 23.3%, reaching $0.0506.
• Similarly, Maple Finance (SYRUP) has increased by 12.9%, now at $0.4058.

📉 Retail Demand Declines: No Euphoria Yet in the Crypto Market

Over the past 30 days, on-chain data reveals a 2.45% decrease in retail demand, specifically in transactions up to $10,000. This suggests that smaller investors have not yet entered a euphoric phase in the current market.

Despite Bitcoin’s recent price movements—currently trading around $104,415, with an intraday high of $105,220 and a low of $101,358—the lack of significant retail participation indicates that the market hasn’t reached a peak exuberance.

This subdued retail activity implies that there’s still room for growth, provided there’s sustainable buying pressure and favorable external factors.

Key Takeaways:
• Retail transactions (≤$10K) have decreased by 2.45% in the last month.
• Current market conditions lack the typical signs of retail-driven euphoria.
• Potential for further upward movement exists if supported by consistent buying and positive external influences.

On June 9, 2025, high-level trade talks between the United States and China are scheduled to take place in London, signaling an effort to ease tensions in their troubled economic relationship. President Donald Trump announced the meeting following a phone call with Chinese President , during which both leaders expressed a desire to reduce trade hostilities that have been affecting global markets.

The U.S. delegation will include Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer. The talks follow a recent deal brokered in Geneva to reduce retaliatory tariffs that had reached as high as 145%. Despite this truce, significant issues like rare earth exports and advanced technology trades remain contentious and will be key topics in London.