At the FOMC meeting, the Fed decided to keep rates steady, but scrapped the risks of higher unemployment and inflation in latest statement. The Fed has decided to keep interest rates steady at the benchmark 4.25% to 4.5%.
This is the fourth consecutive time Powell and the FOMC are opting against a rate cut.
Based on assessments, there are projections of two rate cuts this year, totaling 50 basis points.
Hours after the US Senate passed the landmark GENIUS Act, Circle Stock CRCL has set a new all-time high in a meteoric rally Circle stock (CRCL) has gained over 30% in a single day, setting a new all-time high in a rally buoyed by renewed enthusiasm for stablecoins in the U.S. Shares of the stablecoin issuer spiked after the U.S. Senate voted in favor of the widely anticipated GENIUS Act.
Circle’s CRCL has surged to set a new peak in a dizzying rally that has puzzled investors. The mid-week rally sees CRCL climb by 33% over the last day to trade at $199.59, an all-time high for the Circle stock.
According to market data, trading volumes for the stock have risen in tandem with prices, as investors show a growing appetite for CRCL. Circle has demonstrated strong price performance over the last day, rising from a daily low of $148 to a record high.
Shiba Inu price is slowly forming a highly bullish double bottom pattern, which could lead to more upside soon. Shiba Inu price continues its downward trend today, June 18, as the ongoing crypto market crash accelerates. SHIB, the second-biggest meme coin, has dropped by 35% from its highest point in May. It is slowly forming a rare double-bottom pattern, signaling a potential rebound as its volume and open interest falls.
Shiba Inu price trades at $0.00001157, its lowest point since April 9. The daily timeframe shows that the coin has dropped below the 50-day and 100-day Exponential Moving Averages, a sign that bears have prevailed.
The Relative Strength Index (RSI) has continued its downtrend and is nearing the oversold level of 30. A falling RSI and a rising Average Directional Index (ADX) is a sign that Shiba Inu’s downtrend is gaining strength. Therefore, this pattern signals that the SHIB price may keep falling in the next few days.
On the positive side, there are signs that the coin is slowly forming a double-bottom pattern whose lower side is at $0.00001030. A double bottom closely resembles a W pattern and signals that an asset has tested a support twice before rising.
In addition to the two distinct bottoms, the pattern also comprises of a neckline, which in this case, is at $0.00001765. Therefore, the most likely SHIB price forecast is where it drops and retests the support at $0.00001030, and then bounces back.
If this rebound happens, the next target price to watch will be at $0.00001765, the neckline, which is about 70% above the double bottom level.
XRP price faces a 10% drop to $1.85 as a bearish rising wedge pattern emerges as whales dump 200 million Ripple tokens un under two weeks.
XRP price trades at $2.14 on June 18 with 1 32% decline in daily trading volumes as market interest wanes. Following today’s decline, XRP is now down by 8% in the last week as crypto prices retrace due to concerns about the Israel-Iran conflict. The appearance of a rising wedge pattern on a four-hour chart signals that a 10% crash may be imminent after whales sold 200 million tokens. XRP price is facing another crash after a rising wedge pattern emerged on the four-hour chart, indicating that the short-term momentum is about to turn bearish. This pattern appears when the price is making higher highs, albeit with higher lows, indicating that the buying pressure is gradually growing weaker.
XRP is tipping south again, and it is now testing the lower boundary support line. If this support fails to hold, then a more than 10% crash may ensue from the lower boundary line to $1.85. This decline will add weight to a recent analysis by CoinGape, noting that Ripple’s price risks a crash to $1.80.
The MACD indicator supports this bearish argument around XRP price after it formed a sell signal when the MACD line fell below the signal line. It has also crossed over below the signal line as the MACD histogram bars turn red, which is a sign that the sell-side pressure is strong.
A similar outlook is also portrayed by the Directional Movement Indicator (DMI) as the positive DI tips south when the negative one tips north. This further confirms that the trend is bearish, making an 11% crash more likely to happen if support at the $2.08 price fails to hold.
Analysts suggest Bitcoin price could either dip below $100K or surge above $110K depending on Powell’s tone at FOMC meeting today. Despite Bitcoin price briefly falling below $104K, Bitcoin ETFs have maintained a five-day net inflow streak before FOMC meeting. On-chain data indicates short-term holders are selling, while long-term holders remain steadfast. Additionally, projections based on M2 money supply suggest Bitcoin could reach $150K by year-end.
#FUNTOKEN FUNToken’s price action hints at a potential breakout as volume, holders, and bullish sentiment rise. Here’s what traders should know. Sentiments surrounding the popular i-gaming crypto FUNToken have been turning quite bullish lately, evidenced by both analytical and social indicators. With daily quests, leaderboard battles, and multiple other developments helping the project gain traction, FUNToken price seems to be the next to pick up pace.
The launch of FUNToken during the 2018 bull market was more than just good timing. The token had moved from just over $0.014 to around $0.17 in a matter of weeks. That initial spike was not just speculative heat but a result of a clear, easy-to-understand use case in a sector that was still in its early days.
As the market cooled, so did the token. But even during that pullback, it became evident that FUNToken had already built a very distinct identity for itself.
In 2021, the project proved itself once again as a leading name within the iGaming space. After trading in the $0.0044 range, the token went on to climb past $0.046 within a single quarter. This pump was then followed by consistent development updates, active community support, and a growing base of long-term holders. After that run, the token settled again, but this time into something different: a slow and steady accumulation phase.
FUNToken has since remained active throughout this period, with analysts believing FUNToken is primed for a price spike in 2025. It expanded its roadmap, delivered products, and continued to communicate clearly.
Wallet growth has remained healthy, and its ecosystem has gained more traction within the blockchain gaming sector. Today, with price hovering near $0.0033, many traders view this as a clear reaccumulation zone, the kind that typically disappears the moment a real breakout begins.
Hyperliquid (HYPE) has been one of the top-performing coins in the last two months after recording a series of all-time highs. Its most recent all-time high of $45 was formed earlier this week, and while it has retreated by 11% from this price, bullish signs are still aligning. On June 18, the HYPE price traded at $40 with a 4% intraday drop, while trading volumes had spiked slightly by 7% to $40.
After recording an uninterrupted upward trend since April, the HYPE token has formed an ascending parallel channel, which shows that buyers have remained in control of the price action for more than two months.
At press time, HYPE price was testing the lower support level in this pattern after buying strength waned as some traders took profits at the all-time high price. If it can bounce from this support level with strong buy volumes, it will likely aid another rally to fresh highs.
The RSI indicator also shows a bullish HYPE price forecast because, despite retreating to the lower support line, the momentum is still bullish due to the reading of 60. If it can create a higher low and overcome the resistance at the upper trendline of the ascending channel at $46, it may rise by 70% to print a fresh ATH at $68.
However, there is a need for caution as the AO histogram bars suggest that the bullish trend is growing weaker. If there is no shift in this outlook as the token’s price tests the lower boundary support, it may invalidate the bullish outlook and force it to drop to the 61.8% Fibonacci level of $32.moon
Israeli hacker group claims credit for recent $81M+ crypto hack of Iranian exchange Nobitex. Iranian crypto exchange Nobitex faces more than $81 million losses in a crypto hack.
Israeli hacker group is reportedly behind the crypto hack.
Users across Tron network and EVM-compatible blockchains have lost the funds.
Pepe Coin price may be at a turning point as a cup and handle pattern signals a potential 62% rally as open interest spikes by $74 million Pepe Coin (PEPE) dropped by 3% on June 18 to trade at $0.0000102 as traders continued to abandon risk assets due to growing geopolitical concerns. However, if buyers were to step in now, Pepe Coin price could recover after a rare cup and handle pattern emerged, signaling that a 62% rally could be imminent. Meanwhile, the meme token’s open interest has spiked by $74 million in the last two days, highlighting growing optimism among traders. The weekly timeframe reveals the formation of a bullish cup and handle pattern in the Pepe Coin price, which could signal the start of an upward move. This pattern formed after the price of the top meme coin underwent a major downtrend that started in December and cooled down in March.
PEPE attempted to make a recovery in April, but it again faced rejection at the $0.000014 resistance that is now the neckline of this bullish pattern. The rejection led to the formation of the handle’s parallel channel.
This pattern will mature if Pepe Coin price can flip resistance at the descending parallel channel and then rise above $0.000014. If this happens, a 62% rally will commence, and this could push the price of this token to $0.0000227.
The MFI indicator is supportive of this thesis as it tips north while the price is making lows. This bullish divergence shows that buying pressure is building up even during the downtrend depicted in the downward sloping channel.
At the same time, the ADX is showing weakness in the downtrend that commenced in May until now. If bears lose control, it could pave the way for the price of Pepe Coin to recover if buyers start accumulating at lower prices.
Pi Coin has seen a 12% price decline over the past week, driven by a surge in Pi Network exchange deposits, reaching 347.6 million tokens. Pi Coin, the native cryptocurrency of the Pi Network, is facing significant selling pressure as exchange deposits rise ahead of the upcoming Pi Day 2 on June 28. This trend reflects declining confidence among network participants, with many expressing low expectations from the Pi Core team for the announcement. Over the past week, the Pi token price has dropped 12%, influenced by broader market volatility.
Pi Coin investor confidence drops ahead of the Pi Day 2 event on June 28. Community members have urged the Pi Core team to provide credible updates, emphasizing areas like KYC-verified user stats. The lack of substantial updates has fueled doubts and reduced optimism among network participants.
The US Senate has passed the historic stablecoin bill, with overwhelming bipartisan support, and the bill will now head to the US House. The senators voted 68 to 30 in favor of the stablecoin bill, indicating overwhelming bipartisan support for the crypto legislation. The bill will now head to the US House for a similar debate. The White House is pushing for Congress to pass the GENIUS Act and CLARITY Act before lawmakers go on recess in July.
JPMorgan launches JPMD token on Coinbase-linked Base blockchain, offering faster, secure dollar transactions for institutional clients. JPMorgan's JPMD token, backed by U.S. dollars, is launching for institutional use on Coinbase's Base blockchain. JPMD pilot token offers real-time liquidity with faster, secure transactions for institutional clients. JPMorgan's JPMD sidesteps stablecoin risks by limiting access to approved institutional clients, ensuring regulatory compliance.
Solana ETF approval odds hit 60% as major firms file with SEC. The momentum is fueling investor excitement and potential SOL price rally. The crypto world is buzzing with excitement over the possibility of a Solana ETF being approved by July 31, 2025. According to Polymarket, the chance of this happening has jumped to 60%, a remarkable 20% increase in just one week. This surge reflects growing confidence among investors as the deadline approaches. Adding to the excitement, Bloomberg analysts James Seyffart and Eric Balchunas have shared their predictions. They believe the SEC might greenlight these Solana ETFs as early as next month. This timeline aligns with the SEC’s recent requests for issuers to update their filings.
The analysts also noted that the Commission may act quickly to counter moves by firms like Rex-Osprey, which are exploring legal workarounds to launch similar products first.
The Polymarket chart, showing the probability rising from 50% to 70% recently, highlights how fast opinions are shifting. The recent rise in ETF odds could also impact SOL price in the coming weeks.
Alchemy Pay has turned to Ripple to improve fiat-to-crypto conversions for users, leaning on its RLUSD stablecoin. Alchemy Pay has announced a collaboration with Ripple to power fiat on-ramps for RLUSD stablecoin, lowering the barrier to global crypto adoption. This latest partnership extends the wave of institutional interest in RLUSD amid incoming legislation in the U.S.
Crypto payment solutions provider Alchemy Pay is enhancing its offerings for consumers through a strategic partnership with Ripple Labs. According to a press release, the partnership will see Ripple’s RLUSD stablecoin integrated into Alchemy Pay’s fiat on-ramp infrastructure.
Going forward, Alchemy Pay’s support for RLUSD will enable users to purchase the stablecoin through its expansive fiat-crypto network. Users in over 170 countries will be able to buy RLUSD using more than 300 local payment methods. According to the announcement, the integration will support RLUSD purchases via Visa, Apple Pay, Google Pay, bank transfers, and local mobile money wallets.
Alchemy Pay executives said the decision to support RLUSD was a natural fit for the payment provider. The press release cited RLUSD’s growing liquidity, regulatory compliance, and enterprise-grade capabilities as key reasons for the integration.
Ripple is boosting RLUSD’s liquidity by minting 12 million tokens ahead of the GENIUS Act vote. Meanwhile, Alchemy Pay is no newcomer to the Web3 payments space, having onboarded 3 million users and processed 8 million transactions in 2024..
Ethereum (ETH) is still trading within a six-week consolidation range as retail traders look to cash out despite ongoing accumulation by large addresses. At press time, Ethereum price was trading at $2,557 with a 2.3% decline in 24 hours. Meanwhile, a 35% rally for ETH price may be imminent as the largest altcoin approaches a golden crossover. Ethereum price is almost forming a golden cross on the daily chart, as the 50-day EMA records a steady rise due to a building bullish momentum among whales and short-term holders. This lower moving average is tipping upwards, and it is now inching closer to the 200-day EMA level, which will signal the formation of a golden cross indicator.
The last time that ETH price formed a golden cross was in November 2024, and shortly after this bullish signal emerged, Ethereum shot up by 35% within a few days. At the time, the price increased from $3,000 to $4,000 within weeks, and a repeat of this trend could kickstart the much-needed breakout from the current consolidation zone.
If history repeats itself and ETH records the same rally, the price may break out higher and potentially reach $3,454 in the near term. Getting to this point will mark the highest price for the largest altcoin since January 2025
Analysts see FUNToken’s gaming utility, deflationary tokenomics, and bullish signals driving a strong price surge potential in 2025
As thousands of tokens compete for investor attention, FUNToken (FUN) emerges as a strong contender. Analysts are increasingly bullish on the FUNToken’s potential for a significant price surge in 2025. This market performance is attributed to its robust utility, deflationary tokenomics, and strong technical signals. This article will explore why analysts are confident that FUNToken is ready for a price surge.
FUNToken powers a growing Web3 gaming ecosystem with over 81,000 users onboarded via its AI-powered Telegram bot, boosting demand and utility.
A quarterly burn of 50% of profits in FUN, combined with rising on-chain activity, is creating scarcity and aligning investor incentives.
Analysts predict a potential surge to $0.10–$0.12 by year-end, backed by strong technical indicators, development momentum, and community growth.
Dogecoin price has pulled back in the last seven consecutive days and reached its lowest level since June 6. DOGE today, June 17, trades at $0.1700, down by 35% from its highest point in May. It has formed a highly bullish falling wedge pattern, pointing to an eventual comeback.
Dogecoin has also experienced increased exchange outflows, which could signal more gains ahead. The daily timeframe shows that the Dogecoin price has been in a strong downtrend in the past few weeks. This crash started when the coin formed a double-top pattern at $0.2600 and a neckline at $0.2100.
A double-top pattern is a popular bearish reversal pattern comprising of two resistance levels and a neckline. It often signals that bulls are unable to force a push above that resistance level. The coin has moved below the 50-day and 200-day moving averages.
On the positive side, DOGE price has formed a falling wedge chart pattern. This pattern comprises of two descending and converging trendlines, with a breakout happening when the two lines near their confluence levels.
A breakout above the upper side of the wedge will raise the possibility of the Dogecoin price rising to $0.2600, the highest point in May, which is about 52% above the current level.