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Kaleem1298063
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Bitcoin a flirting with $108K resistance! 📈 Will
BTC
smash through to a new
ATH
of $120K in June, or are bears about to drag it to $95K? 📉 .
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$95K
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#StrategyBTCPurchase 🚀 **Big Move in Crypto & Energy Management!** KULR Technology Group, a leading energy management firm, has revealed plans to raise up to **$300 million** via an **at-the-market (ATM) offering** of common stock, facilitated by Cantor Fitzgerald. The funds will be used for **general corporate purposes**, including **acquiring more Bitcoin** to grow its corporate treasury. 💰 Current Bitcoin Holdings: ✅ 920 BTC (~$91M) already held ✅ 5,500 S-19 Bitcoin miners** leased in $4M+ deals to support crypto operations ✅ Joined * Bitcoin for Corporations"** initiative to drive institutional adoption 🔗 **Why This Matters for the Crypto Market:** ✔ **Increased Institutional Demand** – More corporate Bitcoin holdings strengthen long-term market confidence. ✔ **Adoption Boost** – KULR’s strategy encourages other firms to explore BTC as a treasury asset. ✔ **Mining Expansion** – More miners mean stronger network security and decentralization. 📈 **Bullish Signal?** As companies like KULR continue stacking #Bitcoin, the scarcity and value proposition grow stronger. A win for crypto adoption!
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Chainlink ($LINK) has successfully facilitated a pilot program for exchanging a Hong Kong Central Bank Digital Currency (CBDC) and an Australian dollar stablecoin as part of Phase 2 of the e-HKD+ Pilot Program. The initiative involves major financial institutions like Visa, ANZ, Fidelity, and China AMC, demonstrating Chainlink’s ability to bridge traditional and blockchain-based digital assets. This development highlights Chainlink’s growing role in cross-border digital finance, enhancing interoperability and transaction efficiency.
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"CPI & PPI Data Releases to Drive Crypto Volatility: XRP Hinges on Inflation Trends and Trump-Garlin
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US-China trade talks** from Bloomberg
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As of June 9, 2025, the crypto market shows Bitcoin at $105,435.00 USD, with a slight daily decrease of 0.08%. Ethereum is at $2,482.81 USD (down 1.18% daily), Solana at $150.00 USD (down 0.06%), and Cardano at $0.65856 USD (down 0.41%). Over the past month, Bitcoin has risen by 1.40%, while Ethereum, Solana, and Cardano have dropped by 1.00%, 13.23%, and 18.18%, respectively, indicating altcoins are currently underperforming.Bitcoin Dominance and Alt SeasonBitcoin dominance, at 63.77%, is high, but recent analyses suggest it may be starting to decline, a key indicator for alt season. Historically, alt season begins when investors shift from Bitcoin to altcoins, often after Bitcoin consolidates post-highs, which aligns with current market behavior.Market SentimentThe crypto community is optimistic and articles predicting alt season could start soon, potentially in late June or July 2025. However, some caution remains due to recent altcoin underperformance, creating a mixed but hopeful outlook.This is not investment advice .
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