INIT Token Surges 16% After Binance Listing and Airdrop Completion, Hits $214M Trading Volume
Initia (INIT) is currently trading at $0.5617 on Binance, reflecting a 16.41% increase over the past 24 hours from a 24h open of $0.4825, with a 24-hour trading volume of $214.17 million and a circulating supply of 148.75 million tokens. The sharp price rise can be attributed to renewed market interest following the completion of its airdrop (with 93% of tokens claimed by mid-May), increased liquidity from its recent Binance listing, and heightened attention after technical updates and exchange activities, including Bithumb’s temporary suspension for a network upgrade. Despite earlier short-term bearish trends and forecast volatility, the latest surge suggests positive momentum driven by exchange activity and strong trading participation.
you know, I'm a simple guy: I roll (mostly) with ETH, Tornado Cash, Railgun, BTC, Zcash, and XMR these days. I don't use L2s. I don't use Solana. I don't use fancy DeFi protocols (I like it KISS and trustless). Simply put: just tools that work and don't ask permission. It could've been simple but somewhere along the way, we chose to build a fragmented, bloated mess of chains instead. A monster of our own making.
🚀 Mastering Bitcoin Price Analysis: A Deep Dive into the BTC/USD Chart 📈
The Bitcoin/USD (BTC/USD) 1-day chart from Binance offers a fascinating snapshot of market trends as of June 14, 2025. Here’s a breakdown of the key insights and actionable takeaways from the provided image:
Current Price & Movement: Bitcoin is trading at $105,109.09, reflecting a slight dip of $997.42 (-0.94%) today. This indicates a cautious market sentiment. 📉
Main Resistance Zone: The chart highlights a critical resistance zone around $105,109.09 to $108,036.54. If Bitcoin breaks above this level, it could signal a bullish trend! 💪
Support Levels: Key support lies around $103,435.17 and lower at $99,183.92. Watch these levels closely for potential buying opportunities. 🛡️
Trend Analysis: The upward trendline suggests a recovery attempt, but the recent candlestick patterns indicate volatility. A close above resistance could confirm a bullish breakout! 📊
Actionable Tips:
Sell Strategy: Consider selling near the resistance zone ($105,109.09) if momentum fades. 🚩
Buy Strategy: Look for buying opportunities near support levels ($103,435.17) with a stop-loss below. 🛒
Monitor Volume: Rising volume on a breakout could validate the move. 📈
Stay updated and adjust your strategy based on real-time data. For deeper insights, I can search the web or analyze more posts if you'd like! 🔍 Let me know if you'd like me to edit the image or create a chart on a canvas panel! 🎨
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Remember what I always say?
You never fade the "firsts."
The first, Loudio, earned presalers 200X.
The first virtual coin on ETH (IRIS) got presalers 600X..
And @thep33l? The first coin on Seedify?
> It's launching at a 100k MC (loudio was 155k)
> #1 on mindshare on cookiedotfun
No matter how you see this, you can only win. The worst-case scenario here is you only make only 5-10X on your money.
As for the best case... you really don't need me to say it again.
You have only 2 days 'yap' about the thep33l. I would do it, just in case it turns out to be an omega mooner.
Remember, we never fade the first.
🔻 WCT/USDT – Cooling Off After the Spike
WCT is trading at $0.3842 (-4.29%), well below the recent wick high of $1.3941. After that explosive move, the price has cooled off and is now struggling below the EMA 7 (0.4600) — suggesting short-term bearish pressure.
📊 Current Outlook:
This looks like a classic post-pump retracement. The market is digesting profits, and the trend has shifted to a consolidation-to-down phase.
📌 What to Watch:
A bounce above $0.46 (EMA reclaim) = early reversal signal
Holding $0.3755–$0.34 zone = possible base forming
Lose that support = possible slide toward $0.30 or lower
🧠 Suggestion:
No rush here. Let it find its footing. If bulls step in and reclaim the EMA 7 with volume, it could set up for another leg up. Until then, it’s in cooldown mode — better to wait than to guess.
$WCT
{spot}(WCTUSDT)
Remember what I always say?
You never fade the "firsts."
The first, Loudio, earned presalers 200X.
The first virtual coin on ETH (IRIS) got presalers 600X..
And @thep33l? The first coin on Seedify's newest launchpad.
> It's launching at a 100k MC (loudio was 155k)
> #1 on mindshare on cookiedotfun
No matter how you see this, you can only win. The worst-case scenario here is you only make only 5-10X on your money.
As for the best case... you really don't need me to say it again.
You have only 2 days 'yap' about the thep33l. I would do it, just in case it turns out to be an omega mooner.
Remember, we never fade the first.
Ripple IPO Could Break Records With $30B Valuation
Ripple could be on track to launch the largest initial public offering (IPO) in history, according to former company director Sean McBride. However, recent updates from insiders suggest Ripple may not file for an IPO anytime soon.
So, is Ripple planning the biggest IPO ever, or is the hype too early?
Ripple Share Buyback Signals $30 Billion Valuation
Sean McBride recently posted on X, estimating Ripple’s valuation at $30 billion. This is based on Ripple’s ongoing share buyback program, where the company is purchasing at least $700 million worth of shares at $175 each.
By multiplying this per-share price with the total share count, McBride arrived at the $30 billion figure — a valuation that would place Ripple ahead of many past IPO giants.
How Ripple Stacks Up Against Historic IPO Giants
If Ripple goes public with this valuation, it could surpass the biggest IPOs ever seen. Here's a breakdown of the top IPOs by capital raised:
Saudi Aramco – $25.6B (later increased to $29.4B) – Dec 2019
Alibaba Group – $21.8B (later raised to $25B) – Sep 2014
SoftBank Corp – $21.3B – Dec 2018
NTT Mobile – $18.1B – Oct 1998
Visa – $17.9B – Mar 2008
Ripple’s IPO could outshine even Saudi Aramco, making it a historic milestone in the crypto and fintech industry.
Ripple IPO Date: When and Where Will It Happen?
A couple of years ago, McBride predicted that Ripple would go public by 2025, potentially outside the U.S. due to its legal battle with the SEC. However, the scenario has changed:
The SEC lawsuit is now nearly resolved.
Donald Trump, a pro-crypto leader, is back as U.S. President.
Regulatory support for crypto is growing rapidly in the U.S.
This makes a U.S.-based IPO more likely than ever.
Still, sources close to Ripple leadership have denied plans for a 2025 IPO, and even McBride has distanced himself from his earlier forecast.
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Trump's SEC scraps Gensler-era crypto regulation by enforcement proposals
The US Securities and Exchange Commission (SEC) has withdrawn multiple anti-crypto rules proposed during the administration of its former chair, Gary Gensler. Coinbase chief legal officer Paul Grewal shared the development on X, noting that Rule 3b-16 and several others are now gone.
Rule 3b-16 is meant to expand the definition of an “exchange” to include DeFi protocols. This would have been possible due to the amendment defining an exchange to include “systems that offer the use of non-firm trading interest and communication protocols to bring together buyers and sellers of securities.”
At the time, the proposal faced several pushbacks from the crypto community, with many calling for the regulator to remove the changes due to the impact it could have on crypto innovation.
While the withdrawal is now happening under the new SEC Chair, Paul Atkins, talks of the SEC abandoning the rule have started since Gensler left the regulator. Former SEC acting chair Mark Uyeda noted a few months ago that he had advised the SEC staff to abandon part of the rule affecting crypto because the original proposal was meant to address alternative trading systems for the treasury markets.
SEC withdraws crypto custody rules and others
Meanwhile, the SEC also withdrew several other proposed rules, including those that are not necessarily impacting the crypto market. A major rescinded proposal was the Safeguarding Advisory Client Assets rule that increased custody requirements for crypto.
Under the proposal, which would have applied to all investment advisers, firms must hold all client assets, including crypto, with a qualified custodian. This would have proven challenging for crypto investment firms, which usually hold cryptocurrencies in exchanges and wallets, entities that do not meet the criteria of qualified custodians.
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Hyperliquid Drama: Crypto Whale James Wynn Denies Liquidation Despite On-Chain Data Evidence
Hey crypto enthusiasts! Get ready for some market drama involving a prominent trader and the transparency of the blockchain. The world of high-stakes decentralized finance (DeFi), particularly on platforms like Hyperliquid, is often shrouded in pseudonymity, but on-chain data has a way of revealing movements, sometimes contradicting public statements. That seems to be the case with well-known trader James Wynn.Who is James Wynn, the Crypto Whale?
James Wynn is a name that has surfaced in the crypto trading community, particularly associated with large positions, earning him the moniker of a ‘whale’. Whales are individuals or entities holding significant amounts of cryptocurrency, capable of influencing market prices with their trades. Wynn gained notable attention earlier this year after reports indicated he suffered massive losses, estimated around $100 million, primarily from leveraged trading positions.
Following those significant losses, Wynn reportedly stated he would step back from active trading. However, recent activity flagged by on-chain analytics suggests he might still be involved, or at least, wallets linked to him are.
The Latest Liquidation Claims on Hyperliquid
According to prominent on-chain sleuths like Lookonchain on X (formerly Twitter), James Wynn, despite his previous declaration to halt trading, has reportedly faced another liquidation event. This alleged liquidation occurred on Hyperliquid, a popular decentralized perpetual exchange known for its speed and liquidity.
The claim is that following this recent trading setback, a wallet believed to belong to Wynn moved its remaining assets to a centralized exchange (CEX), specifically KuCoin.
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