🇧🇷 Brazil's largest bank ITAU will purchase $210 million w | TopCryptoNews on Binance Square

Trending Articles

Bookmarked and Liked

--

🇧🇷 Brazil's largest bank ITAU will purchase $210 million worth of $BTC , according to TopCryptoNews.
For a second, the bank manages assets worth $509 billion.
#BTC  #Bitcoin  #ITAU  

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

2.1k

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@TopCryptoNews

Explore More From Creator

❗️Trump on Iran: My patience is running out. ▪️On the question about possible US intervention in the conflict with Iran: Maybe yes, maybe no; ▪️Iran really wants to reach an agreement, but why didn't they do it earlier?; ▪️I don't know how long the conflict will continue, Iran is completely defenseless; ▪️Next week will be significant. Meanwhile, #BTC jumped up against the backdrop of Trump's speech. Judging by the rhetoric, most likely, the US will still enter the war with Iran. Therefore, we continue to monitor the situation, and such local pumps often become a good opportunity to find TBX for short. #Bitcoin

--

🇨🇭 You can buy Bitcoin with cash at train stations in Switzerland 🔥 #BTC #bitcoin

--

📊 Monster $13 billion Bitcoin short squeeze alert Bitcoin (BTC) is knocking on the door of a historic short squeeze. With the digital asset trading above $105,500, over $13 billion worth of leveraged short positions across major exchanges like Binance, Bybit, and OKX are hanging by a thread, according to fresh data from Coinglass, retrieved by Finbold on June 17. The liquidation heatmap doesn’t lie, if Bitcoin surges past $118,000, we could witness one of the largest mass short liquidations in crypto history. The chart breaks down where leveraged positions are most concentrated—and, more importantly, where they’re most vulnerable. On the right-hand side, the rising green curve represents short liquidation leverage. What makes this setup especially dangerous for shorts is the way the green line steepens past $110,000. That sharp upward curve means a growing pile of leverage is waiting just above the current market price. The moment BTC starts inching toward those levels, a chain reaction could be triggered, trapping late sellers and slingshotting Bitcoin upward. In simple terms, this shows how much money traders have bet against Bitcoin going up. If BTC climbs, these short positions start bleeding. And if it climbs fast? They’re forced to close, automatically, by exchanges. That process is called liquidation. Liquidations don’t happen quietly. When shorts get closed, the traders must buy Bitcoin to settle their losses. That sudden burst of buying adds fuel to the fire, pushing prices even higher and forcing more shorts to close. It’s a vicious cycle for the bears. This cascading effect is known as a short squeeze, and right now, the chart is flashing a textbook setup. It’s not just theoretical. We’ve seen it before in past cycles. The 2020 breakout past $20,000? Similar mechanics. The $30,000 rally in early 2021? Same story. #BTC #Bitcoin

--

🟠 Can Shiba Inu ($SHIB ) Hit $0.001? What an 8,300% Surge Would Mean for Investors Shiba Inu (SHIB) has experienced a significant price decrease of 3.44% over the last 24 hours, dropping to a low of below $0.000012. At press time, SHIB is trading at 0.00001174 and has experienced an 11.99% decrease in the previous week. The 30-day loss has jumped to 20.43%. This decline has led to a definite split among investors, with some feeling shaken by the lack of confidence and others seeing opportunity. Social media has been flooded with angry posts from many investors. People have become disappointed as the expectations of a recovery soon have been subdued. Fear of additional losses and lack of confidence in the future are gradually gaining popularity in online media. 🔸 SHIB Investment Opportunity: 100M Tokens Now, $100K Potential The price drop is viewed as a strategic entry point for investors who perceive the decrease in price as an opportunity to accumulate more SHIB. The goal is to reach the $0.001 level in the long term. The cost of investing in 100 million SHIB tokens would come to $1,174 at the current price of the token. In the event that the price reaches $0.001, the holding would then have a value of $100,000. IntoTheBlock reports that almost 71,510 addresses currently have at least 100 million SHIB. These wallets represent 4.89% of all SHIB-holding addresses and collectively hold 17.94 trillion tokens, valued at approximately $213.3 million. The exciting potential returns continue to draw interest. 🔸 Can #SHIB Achieve $0.001? To achieve the price range of $0.001, Shiba Inu (SHIB) would have to increase by more than 8,300% in price, beginning from its current price. This would increase the market capitalization of SHIB to approximately $589.25 billion, assuming no change in the circulating supply. This severe rise has started a critical debate among observers and investors. #Shibainu

--

🔵 What Does Ethereum’s Staking Record Signal for the Asset? Not long after the U.S. Securities and Exchange Commission clarified its stance on staking, investors have dedicated a record amount of Ethereum to the network. The amount of Ethereum pledged toward validating network transactions crossed 35 million on Tuesday, an all-time high representing 28.3% of the asset’s circulating supply, according to a Dune dashboard created by Dragonfly Capital data scientist Hildebert Moulié. At the same time, the number of validators earning rewards reached 1.1 million—a new record. Although liquid staking solutions exist, the high water mark suggests conviction is growing for Ethereum, Carlos Guzman, a research analyst at crypto market maker GSR. “It dovetails with market expectations around ETH turning more optimistic and positive,” he said “People are maybe expecting the price to go up in the future, and therefore feeling more confident in terms of holding the asset.” Late last month, Wall Street’s top cop said in a statement that it does not view staking activities as securities transactions, noting that a lack of clarity “artificially constrained participation in network consensus and undermined the decentralization [...] of proof-of-stake blockchains.” Although former SEC Chair Gary Gensler posited in 2022 that proof-of-stake assets could themselves be securities, the statement signaled individuals and institutions could participate, as asset managers seek to integrate staking rewards into exchange-traded funds. Liquid staking protocols, such as Lido, allow a user to lock up their Ethereum, in exchange for a token pegged to the asset’s price, while still being able to earn rewards. Crypto asset manager Galaxy Digital said on Tuesday that it would work to bring staking to institutional investors. Ethereum was recently changing hands around $2,500, a 5.4% decrease over the past day. As of Tuesday, the amount of Ethereum staked is worth $90 billion, based on current prices. #ETH #Ethereum

--

Latest News

Ethereum(ETH) Surpasses 2,500 USDT with a Narrowed 0.33% Decrease in 24 Hours

--

Fed Chair Powell Sees No Immediate Concern in Cooling Labor Market

--

Fed Chair Powell Discusses Tariff Impact on Economy

--

Federal Reserve Officials Divided on Interest Rate Cuts for 2025

--

Cryptocurrency Legislation Nears Approval in the U.S.

--

Trending Articles

🇺🇸 HAPPY FED DAY!!! IT’S A BIG ONE 📉📈 Here’s what you

Kyle Chassé / DD🐸

🚨 Russia Shuts Down Massive 30,000 sqm Illegal Crypto Mining Farm

🚨 BREAKING: U.S. Jobless Claims Just Dropped! 🇺🇸📉 🔹 E

QUEEN 786 CRYPTO

FOMC meeting update

Bīlál BÎÑ Sàqìb_

#BinanceAlphaAlert 🚨 BREAKING 🚨 No more point farming on

Cookie Preferences

Cookie Preferences