A new chart of the XRP/BTC pair published on June 12 by the market technician known as Dr. Cat has injected new controversy into one of the most resilient trading pairs in cryptocurrencies.
The analyst argues that despite a brutal six-week decline, the conditions still favor an eventual rebound for the token #XRP that would leave #Bitcoin behind. He assigns a formidable probability of 70% to the scenario.
💥The registration with the US Securities and Exchange Commission of Trump Media for its Treasury of #Bitcoin is officially effective. The guy is going to triple his fortune when he stops being president. 😅
The U.S. government knew from the beginning who created the #Bitcoin . Now, a new lawsuit brings that secret to light. Attorney James A. Murphy sued the Department of Homeland Security and the Immigration and Customs Enforcement for failing to respond to a request under the Freedom of Information Act related to an alleged government interview with Satoshi Nakamoto.
Murphy wants records, transcripts, emails, and audio. Anything that shows what Special Agent Rana Saoud once claimed: that U.S. agents met with those behind Bitcoin years ago, and that Satoshi was not a single person, but a group of four.
The alleged operators of My Big Coin have been ordered to pay more than $25 million in fines to the Commodity Futures Trading Commission for their involvement in the cryptocurrency-related scam.
The regulatory agency stated that the defendants solicited investors under false pretenses and made false and misleading statements and omissions about the value, use, and business status of MBC, and that MBC was backed by gold.
Bitwise's head of ETP research, Andre Dragosch, identified a bullish pattern driven by liquidity captures similar to those seen in 2024, suggesting that #Bitcoin could break out toward new all-time highs.
This price structure resembles BTC's performance in October 2024, when it fell 8.8% after Iran launched a barrage of missiles at Israel. What followed was a trend reversal where Bitcoin rose more than 80% by December, reaching a high of around $108,365.
The head of research for Bitwise's ETP division, Andre Dragosch, identified a bullish pattern driven by liquidity captures similar to those in 2024, suggesting that #Bitcoin could break towards new all-time highs.
This price structure resembles BTC's performance in October 2024, when it fell by 8.8% after Iran launched a barrage of missiles against Israel. What followed was a trend reversal where Bitcoin rose by more than 80% by December, reaching a peak of around $108,365.
💥More than US$1 billion was liquidated from the cryptocurrency market in 24 hours. The largest individual liquidation order occurred on the Binance exchange for over US$200 million. 🩸🐻
In a vote of 68 to 30, the US Senate decided to advance the Guiding and Establishing National Innovation for US Stablecoins Act, or GENIUS Act, more than a month after its introduction. Massachusetts Senator Elizabeth Warren reiterated the concerns of many Democrats about the ties of #Trump to its family-backed cryptocurrency platform, World Liberty Financial, and about rewarding holders of its memecoin with dinners and access to the presidency.
The #Bitcoin has reached a critical point that has investors and analysts alike on edge due to the price stagnating yesterday around US$109,000. This situation in the price echoes the turbulent 2021, a year marked by sharp declines and volatility in the cryptocurrency market.
While some experts fear reliving similar episodes, others see in this phase a healthy consolidation that could catapult Bitcoin to new all-time highs. This polarized scenario invites a deep analysis of the forces keeping the price in this range, as well as the perspectives outlined by the different market players.
The reference exchange rate broke the three-digit mark yesterday, closing at Bs.100.34. The BCV dollar has accumulated a rise of 93.18% so far in 2025, meaning that the national currency has depreciated by 48.24% from Bs.52 to Bs.100 in just 6 months. My strategy in response to this is to generate USDT through trading, make wholesale purchases of groceries, and pay everything in Bolivars.
The White House's cryptocurrency director, Bo Hines, has hinted that the government is ready to unveil a strategic plan involving the accumulation of #Bitcoin in a special reserve. This recent announcement has generated great expectations among bitcoiners and enthusiasts, who hope that this initiative will mark a turning point in the relationship between the U.S. administration and the cryptocurrency and digital asset ecosystem.
The American investment manager Guggenheim is expanding its offering of digital commercial paper through a partnership with Ripple. This partnership will make its Treasury-backed fixed-income assets available on the XRP Ledger. Ripple will invest $10 million in the assets as part of the collaboration.
According to Bitwise researchers André Dragosch and Ayush Tripathi, President Trump's tax cuts and the growing US debt are fueling the rise of #Bitcoin as a hedge against sovereign default risks, potentially pushing the price to $230,000 by 2025.
The US Congressional Budget Office predicts that net interest payments will triple to 3 trillion dollars by 2030, increasing fears of default.
💥President Donald #Trump stated that the trade agreement with #China was finalized after months of tariff war between both countries. The US will receive a total of 55% in tariffs, China receives 10%. In conclusion, China hit a home run...😅
BlackRock’s iShares #Bitcoin Trust has made headlines by amassing the astonishing amount of US$70 billion in total assets, achieving this milestone faster than any other exchange-traded fund or ETF in history.
The feat occurred just 341 days after its launch, according to Bloomberg analyst Eric Balchunas, who noted that IBIT reached this figure five times faster than the previous record holder, State Street's GLD gold ETF, which took nearly 1,700 days.
According to analysts from the Bitfinex exchange, holders of #Bitcoin who bought in the first quarter are being tested now that the price is moving sideways near all-time highs. Analysts conclude that the risk of a short-term pullback continues to increase, especially in the absence of a strong catalyst to decisively push the price above its all-time high of US$111,970.
The stablecoin #Tether appears on price tags in a store in Bolivia. The CEO of Tether, Paolo Ardoino, shared images of tax-free Bolivian products with prices in USDT. The notice indicated that customers could pay in the local fiat currency, bolivianos, or in US dollars. The USDT was used to establish the exchange rate between the dollar and the boliviano.
The price of #Bitcoin surpassed the mark of US$110,000 yesterday, reaching an intraday peak of US$110,587 per BTC. With this movement, the leading cryptocurrency now has a market capitalization of US$2.1 trillion, representing 63.8% of the crypto economy of US$3.4 trillion.
The CME leads with 151,010 BTC in open interest, valued at over US$16 billion, and claims a share of 21.68%, a sign of significant institutional activity.
The largest positions are the bullish ones for US$140 billion expiring on September 26 and the bullish ones for US$120 billion expiring on June 27. These strike prices suggest confident, albeit aggressive, speculation. On the other hand, the largest bearish position in play is for US$85 billion for June 27, indicating some cautious downside protection in the short term.
Several traders claim that token #XRP has the potential to rise to US$27 as the chances of approval for its ETF increase. The token recovered the losses recorded between Wednesday and Friday and remained around US$2.26, which represents a 9.7% increase from its recent low of US$2.06.