Retail Wallets Push Tron Higher as TRX Breaks Resistance.
TRX has moved past its earlier resistance zone, but large holders remain quiet. Instead, small wallet holders, each owning under 50,000 TRX, have stepped up. These retail addresses have driven inflows into exchanges, with on-chain data showing a 7% rise in two weeks. The Tron network has also seen a rise in stablecoin activity. This is likely due to low fees, which make fast transactions easy and cheap. Daily active addresses are now at a monthly high, showing that retail interest is helping build consistent strength. Unlike whale-led surges, which can reverse quickly, retail-backed runs tend to be more stable. Tracking wallet growth and transfer trends may help spot the next move. #SwingTradingStrategy #XSuperApp #PowellRemarks #CryptoStocks #MyTradingStyle
Shiba Inu Charts a Potential Move Toward $0.000045.
SHIB recently fell around 6%, but technical signals hint at a possible climb back to $0.000045. A bullish chart pattern has formed, commonly associated with upward breakouts. The current price range is attracting new entries, as open interest remains steady. If SHIB can break through $0.000038 with strong volume, the next step could lead to its target level. However, any dip below the key support might shift momentum downward. Traders watching for confirmation may find an opportunity in this setup. It’s a clear chart, with reliable levels and notable upside potential. #SwingTradingStrategy #XSuperApp #PowellRemarks #CryptoStocks #MyTradingStyle
Musk’s X plans payments, investment features rollout for 2025 — Report
Elon Musk’s social media platform, X, will soon integrate various financial services, enabling users to make payments and investments directly within the app.
In a recent interview with the Financial Times, X CEO Linda Yaccarino said the platform’s estimated 600 million users will eventually “be able to transact [their] whole life on the platform,” from sending money to managing investments.
The company is also considering launching an X-branded credit or debit card, potentially later this year. X’s foray into financial services is hardly surprising, given that Musk has already confirmed beta testing for the X Money payment and banking app.
In response to a May 25 social media post, Musk said “extreme care must be taken” in the pilot phase since “people’s savings are involved.”
Bitcoin sentiment split as crypto market trades sideways
Sentiment toward Bitcoin BTC $103,165 is at a near-even split between those who are bullish and bearish, and attitudes toward the cryptocurrency are at a low last seen in April when Donald Trump’s global tariffs tanked global markets, according to Santiment.
Santiment marketing director Brian Quinlivan said on Thursday a social media analysis found that “there are just 1.03 bullish comments for every 1 bearish comment, which hasn’t happened since peak FUD [fear, uncertainty and doubt] during initial tariff reactions on April 6.” He said, however, that it’s “typically a bullish sign” as markets “historically move in the opposite direction of retail’s expectations.”
Meanwhile, a poll on X by crypto analyst Matthew Hyland on Thursday found a near-even split between those who think Bitcoin will surge to an all-time high above $114,000 or again drop to $94,000.
TikTok denies TRUMP memecoin buys in reply to congressman’s accusations
Chinese social media platform TikTok denied allegations that it has made purchases of US President Donald Trump’s official memecoin.
The official TikTok Policy account took to X on Thursday to deny claims that its owners are buying the Official Trump (TRUMP) memecoin, responding to accusations by California Democratic Party Representative Brad Sherman.
Sherman had claimed that the “Chinese owners of TikTok have announced they are buying ‘Trump Coins’ for $300 million.” “Congressman, claiming that the owners of TikTok are buying ‘Trump Coins’ is patently false and irresponsible and doesn’t even accurately reflect a letter you signed last month,” TikTok Policy said in response to the claims.
Sherman’s remarks came amid the news that Trump had signed another executive order to delay the ban or sale of TikTok.
Roman Trading had forecasted a downturn earlier this week, even as things seemed to be preparing to improve and more good news was anticipated. Contrary to others, they insisted on a bearish sentiment and were proven correct as BTC’s price weakened, resulting in even greater losses for altcoins.
As the weekend approaches, there is a risk of further intensification of negative sentiment due to weakened volumes. In today’s assessment, the analyst stated:
“I mentioned that BTC has been exhausted and weakened on the weekly chart, and it continues in this manner. You can choose to ignore the signals as much as you want, but macro bottoms after a sevenfold price increase are absolutely normal.”
If the analyst is correct, BTC could decline to $87,534 and $76,171. These targets were given on June 10, when BTC was around the $109,000 threshold.
Is there no chance of a rise? The analyst suggests that if the level of $103,500 is maintained, the $108,000 region could be tested. Should this be surpassed, a return with closures above $110,000 is possible. However, they argue that the current price movement hasn’t yet completed its bottom test. Let’s consider two analysts known for their optimism. It’s challenging, as the risk of a third world war appeared amidst a potential global trade war, akin to experiencing two pandemics simultaneously. Yet, hope remains. In today’s evaluation, Poppe wrote that, due to the rejection of the support level, deeper dips will gather liquidity and that these dips are buying opportunities. Here we are, at the range’s lowest level. It did not take long. There is a significant level here. As we see above today, there’s a lot of liquidity below that can be utilized for quick buying and returning to the range. But the market is sluggish, and without a sweep, more declines may occur in June, as previously discussed.” #SwingTradingStrategy #XSuperApp #MyTradingStyle #IsraelIranConflict #FOMCMeeting
On June 20, Bitcoin kicked off the day with bullish moves, as $3.3 billion in Bitcoin options expired on Deribit. Bitcoin’s price is supported by huge market optimism, continued institutional interest, and rising global adoption.
On June 20, Bitcoin kicked off the day with bullish moves, as $3.3 billion in Bitcoin options expired on Deribit. Bitcoin’s price is supported by huge market optimism, continued institutional interest, and rising global adoption.
BTC recorded four consecutive green candles, amidst the $3.3 billion in BTC options expiry on Deribit. On June 19, Deribit revealed the expiration data for both BTC and ETH, and the industry was eager to see how the market would react today. BTC’s price continues to see support from rising global adoption, with more companies adopting the Bitcoin strategy, while institutional interest continues. From June 9 to June 18, BTC ETFs in the US recorded consecutive inflow days, with the biggest inflow day being on June 10, above $431 million, according to data from SoSoValue. As Bitcoin price rallies, it mirrors the continued optimism in the crypto industry. Despite the latest Fed Chair’s decision to leave the interest rates unchanged, and despite the global geopolitical tensions, Bitcoin manages to remain above the important level of $100,000 and records fresh bullish moves.
One of the catalysts for BTC’s price is the GENIUS Act, which has recently passed the Senate and it’s expected to receive a vote in the House.
The US President Donald Trump addressed the GENIUS ACT recently, saying that he’s waiting for a “LIGHTNING FAST” move by the House so he can sign it. The GENIUS Act will offer more clarity and support for the entire crypto industry, pushing it forward and bringing new massive investments and innovation in the ecosystem, while protecting consumers.#SwingTradingStrategy #XSuperApp #CryptoStocks #IsraelIranConflict #GENIUSActPass
Ripple Labs Inc., under the leadership of CEO Brad Garlinghouse, is navigating legal challenges after Judge Analisa Torres ruled institutional XRP sales illegal under U.S. securities laws. Ripple's supplemental court filing urges the removal of restrictions affecting their fundraising.
Marc Fagel, a former SEC attorney, expressed concerns over the injunction's impact on Ripple's financing ability, noting, "The main issue with the injunction is that it limits Ripple's ability to raise financing in private offerings". Ripple's existing on-chain activities remain unaffected, with no sharp declines observed in XRP Ledger activity, maintaining over 295,000 daily active addresses. On-chain analytics highlight robust activity despite the legal overhang. Secondary XRP markets continue unaffected, though institutional fundraising remains constrained. Ripple's joint motion to dissolve the injunction has drawn attention across the industry as it seeks parity with other crypto projects settled earlier with the SEC.
Industry precedents and expert analyses suggest that Ripple's case may influence broader cryptocurrency fundraising practices. Past SEC actions against projects like Block.one and Telegram have set influential legal precedents. As Ripple awaits a potential settlement and adjustment of penalties, market participants observe closely for outcomes impacting regulatory landscapes.
Ripple's efforts to address and possibly dissolve their current injunction could serve as a blueprint for future legal navigations within the crypto industry. Whether Ripple can resume institutional sales will depend on Judge Torres's upcoming decisions and subsequent regulatory guidance from the SEC. The court's response will be pivotal for Ripple and set a precedent that may influence broader crypto regulation and institutional activity.#MyTradingStyle #GENIUSActPass #FOMCMeeting #SparkBinanceHODLerAirdrop #BinanceAlphaAlert
Shiba Inu is once again making headlines, but not due to a price rally or market recovery. This time, it’s the alarming surge in whale activity that has captured attention across the crypto space.
According to recent data, large wallet inflows into SHIB have spiked by over 1,010 percent within one week. This sharp rise comes while the asset’s price continues to fall steadily without signs of recovery.
SHIB is currently trading at a price of about 0.00001167, which is about 25 percent lower than when it peaked in that area this year. Nonetheless, the huge amounts of capital flowing into massive wallets containing SHIB raise concerns regarding the intentions of their investors.
Market indications are still unanimously bearish, as SHIB has fallen under its 50, 100, and 200-day exponential moving averages, indicating further pressure.
Cardano (ADA) shows a significant gradient in sentiment at the moment as both the retail community and institutional players are sharing their excitement about their long, bullish positions. The Market Prophit data demonstrate that the retail crowd sentiment score was at 1.52, whereas smart money sentiment was at 0.72. Both readings are still in the positive lane, indicating a probable short-term convergence of these two disparate types of investors. This trend was further strengthened by the fact that, according to CryptoQuant information, the 90-day Spot Taker Cumulative Volume Delta (CVD) is still buy-dominant. The trend shows a continuation of sustained accumulation activity on large spot exchanges and, therefore, it signals that demand is stronger than the pressure to sell. Good CVD coincidence with sentiment indicators plays a part in the bigger picture of growing optimism among e-traders. ADA is trading under pressure despite the positive feeling. As of the press time, the token sells at about 0.614, having depreciated by 2.0 percent over the last 24 hours. The price between the trading range recorded over the period took place between 0.6013 and 0.6268. The price action of ADA is still staying in a wider descending channel, and lower highs as well as lower lows are observed using the daily chart. The $0.61 price point is becoming a dangerous point of support, since it has held up since early May. This has earlier served as a launching pad for small rebounds and is one major technical area to monitor. Volumes were reported as being about $536 million in the past 24 hours, a moderate level. The market capitalization of ADA at present is pegged at 22.16 billion dollars, and the number of tokens on the market is more than 36 billion.#GENIUSActPass #DAOBaseAIBinanceTGE #FOMCMeeting #BinanceAlphaAlert #MetaplanetBTCPurchase
China's Central Financial Committee issued the Opinions on Supporting the Accelerated Development of the Shanghai International Financial Center on June 18, 2025. The initiative aims to expand financial openness and integrate blockchain technology into supply chain finance, enhancing international collaborations and market influence.
The Central Financial Committee of China, with key institutions including the People's Bank of China and the Shanghai Municipal People's Government, has outlined a significant policy shift. The new Opinions intend to leverage technologies like blockchain for developing supply chain finance. The document also emphasizes the necessity for high-level financial openness and aligning with global economic standards. Blockchain technology is being embraced to augment supply chain finance, advancing trade facilities and enterprise services under the Belt and Road Initiative's umbrella. The integration seeks to effectively bolster Shanghai's position as a leading international financial center, although retail-facing crypto trading remains off the table. The market and stakeholders are witnessing strategic responses as the Lujiazui Forum hosts financial regulators endorsing this plan. “The Action Plan leverages Shanghai's unique role in the new development paradigm,” noted a report by the People’s Bank of China. While direct commentary from global crypto figures is absent, industry enthusiasm is marked.
Ethereum (ETH) trades at $2,525.34 with a market dominance of 9.37%, as per CoinMarketCap data. The circulating supply stands at 120,720,628. Recently, ETH's trading volume declined by 9.54%, while its price adjusted by -1.63% over 24 hours, noting a 25.64% rise in 90 days.#GENIUSActPass #DAOBaseAIBinanceTGE #FOMCMeeting #BinanceAlphaAlert #MetaplanetBTCPurchase
BONK, the dog-themed meme coin on the Solana blockchain, is currently experiencing a wave of resurgence. The token climbed by a notable 53% increase in its trading volume, reigniting excitement among traders and leading to fresh predictions that it could potentially outpace competitors such as Dogwifhat (WIF). With a market capitalisation of around $1.25 billion, BONK is actively leading the charge among Solana’s vibrant meme asset pack.
This recent rebound follows several weeks of sluggish performance, suggesting a strong return of retail investor interest. A key driver behind BONK’s steady trading activity and growing utility is the launch of its native memecoin launchpad, LetsBONK Fun.
This platform has already shown success, with one of its launched tokens achieving rapid growth of over 1,400% within ten days, reaching a $100 million market valuation. Revenue generated through LetsBONK.fun supports both the Solana (SOL) and BONK ecosystems, with a notable 35% specifically allocated for BONK token purchases and subsequent burns, aiming to increase scarcity. The meme coin is also nearing a significant community milestone, requiring fewer than 60,000 additional on-chain holders to reach a total of 1 million holders, showcasing robust grassroots support. Beyond its digital presence, the Bonk DAO (Decentralised Autonomous Organisation) continues to advocate for the broader adoption of meme coin culture in the retail sector.
In a high-profile initiative, they partnered with German football giants Borussia Dortmund (BVB) for a Club World Cup watch party, featuring a BONK mascot, bringing meme coin culture into the mainstream. Furthermore, BONK futures open interest has shown growth across major exchanges, signalling increasing speculative interest.#DAOBaseAIBinanceTGE #FOMCMeeting #SparkBinanceHODLerAirdrop #BinanceAlphaAlert #GENIUSActPass
Spanish banking giant BBVA has advised its high-net-worth clients to invest in cryptocurrencies, according to a Reuters report.
Accordingly, Spain's second largest bank, BBVA, recommended its clients to invest up to 7% in cryptocurrencies.
Philippe Meyer, Head of Digital and Blockchain Solutions at BBVA Switzerland, said that since September 2024, they have been advising their high-net-worth clients to allocate up to 7% of their portfolio to cryptocurrencies.
The bank recommends a crypto allocation between 3% and 7%, depending on the client’s risk appetite.
Turbulent geopolitical events in the Middle East have led to a downturn in the cryptocurrency market. The overall market size has diminished by 4.47%, with its total value now standing at 3.18 trillion dollars. Leading digital currencies such as Bitcoin, Ethereum, and XRP have recorded notable declines in the past day. Specifically, Bitcoin decreased over 2%, trading at 104,954 dollars, Ethereum fell by 2.66% to 2,522 dollars, and XRP’s value dropped over 9% to 2.16 dollars. Other cryptocurrencies, including Solana, Cardano, and Dogecoin, have similarly faced challenges.#GENIUSActPass #DAOBaseAIBinanceTGE #FOMCMeeting #SparkBinanceHODLerAirdrop #BinanceAlphaAlert
VanEck’s proposed spot Solana ETF has been listed on the Depository Trust and Clearing Corporation (DTCC) website, a strong procedural sign that Securities and Exchange Commission (SEC) approval may be near.
The move coincides with rising trader confidence on Polymarket that both Solana and XRP ETFs will be approved in 2025.
Odds on Polymarket contracts now show a 91% chance that a Solana ETF will be approved this year, while the probability for an XRP ETF hit 90% after the SEC opened public comments on Franklin Templeton’s proposals for both assets. Odds on a contract for a Ripple (XRP) ETF approval this year jumped 19% in the last 24 hours, pushing the odds to 90%. Similarly, odds on a contract asking whether SOL ETFs will get the regulatory nod surged 17%, pushing the total odds to 91%. In the short term, users on Polymarket are also confident that a spot SOL ETF will be approved as soon as the end of July. Odds on a related contract pumped 9% in the past 24 hours as well, with more than half of the votes confident the approval will happen in this time frame.
However, Polymarket users are not as confident that an XRP ETF will get the greenlight next month, with odds on a contract asking the question plunging 37%. This is likely due to Ripple’s ongoing legal case with the SEC.
Bitcoin fell on Wednesday, extending recent losses as the Israel-Iran war raged on an quashed risk appetite, with the progress of a key U.S. stablecoin bill sparking little joy. Broader crypto markets also retreated amid few signs of deescalation in the conflict. Focus was also on whether the U.S. will directly intervene, following harsh rhetoric from President Donald Trump. Bitcoin fell 1.8% to $105,376.9 by 00:52 ET (04:52 GMT). The crypto had fallen as low as $103,000 over the weekend, and remained under pressure. Waning risk appetite, due to the Israel-Iran conflict, was the biggest point of pressure on crypto. The conflict stretched into a sixth day on Wednesday, with focus squarely on whether the U.S. will directly attack Iran. Overnight reports showed the U.S. mobilizing more jets to the Middle East, while Trump was also seen mulling a direct strike against Tehran. Trump kept up his calls for a total surrender by Iran. While crypto markets are not directly impacted by geopolitical ructions, their speculative nature leaves them vulnerable to shifts in sentiment. This trend has kept crypto markets on a steady downturn since Friday. Anticipation of a Federal Reserve meeting also kept markets on edge, although bets on a dovish tilt from the central bank were bolstered by weak U.S. economic prints. US Senate passes GENIUS Act to regulate stablecoins The U.S. Senate on Tuesday voted in favor of the GENIUS Act, a bill aimed at establishing a regulatory framework for stablecoins and their issuers.#GENIUSActPass #IsraelIranConflict #
The U.S. Senate on Tuesday passed a bill outlining a regulatory framework for cryptocurrencies that are directly pegged against the dollar, now setting up the bill for a House of Representatives vote. The bill, called the GENIUS Act, was backed by both Democrats and Republicans and approved in a 68-30 vote. The bill will now head to the Republican-controlled House of Representatives before it can be sent to President Donald Trump’s desk to be signed into law. The GENIUS Act’s Senate approval marks a major milestone for U.S. crypto regulation, and comes in line with Trump’s promises of passing crypto-friendly regulation. Stablecoins are a type of crypto that are designed to maintain a constant peg against mainstream currencies, usually the dollar. They are used largely to facilitate crypto transactions, and have seen growing use in recent years. Proponents also claim that they can be used to send payments instantly. Currently, Circle’s USDC and Tether’s USDT are the largest stablecoins in the market. The GENIUS Act, if approved, will require stablecoin issuers to back their currencies with liquid assets such as the dollar and short-term Treasuries. Issuers will also be required to publicly disclose the composition of their reserves every month. But despite the positive development for the bill, crypto markets remained on the backfoot. Bitcoin fell 2.1%, extending recent losses as risk appetite was battered by a worsening Iran-Israel conflict#GENIUSActPass #IsraelIranConflict
BitMine Immersion Technologies, Inc. (“BitMine” and the “Company”) (NYSE American: BMNR), a technology company focused on the accumulation of Bitcoin for long-term investment, whether acquired by their Bitcoin mining operations or from the proceeds of capital raising transactions, today announced that it has completed all purchases of Bitcoin for its treasury from the proceeds of BitMine’s recent offering of shares of common stock, which closed on Friday, June 6, 2025 The net proceeds to the Company from the offering after deducting fees and expenses was approximately $16.340 million, and the Company spent $16.347 million to buy 154.167 Bitcoin at an average price of $106,033. Jonathan Bates, BitMine CEO, stated, “We are very excited to establish our Bitcoin Treasury and fulfill our commitment to invest 100% of the $BTC transaction proceeds into Bitcoin.”#TrumpBTCTreasury #DAOBaseAIBinanceTGE #
Bitcoin slipped Tuesday, losing some ground after gaining in the prior session following some reports that Iran was seeking a ceasefire in the conflict with Israel. Gains in crypto markets remained fragile as the Middle East conflict showed few actual signs of deescalation, while traders also remained averse towards risk before a Federal Reserve meeting this week. Sentiment remained on edge after U.S. President Donald Trump issued a dire warning against Iran, while Tehran and Jerusalem continued to trade strikes against each other. Crypto markets showed little reaction to the Bank of Japan keeping interest rates steady, with the central bank set to slow its pace of bond tapering only from next year. Bitcoin slid 1.6% to $105,430 by 09:45 ET (13:45 GMT). While the world’s biggest crypto did clock some gains this week, it remained squarely within a trading range seen for most of June. Iran-Israel uncertainty remains in play, U.S. participation in focus Bitcoin remained rangebound, with its recent gains still keeping the crypto squarely within a trading range seen through most of June. The Iran-Israel conflict was the biggest point of pressure on risk assets, especially after Trump called for an immediate evacuation of Tehran. His comments ramped up concerns that the U.S. will directly enter the war, marking a major escalation. But the White House clarified that the U.S. will not directly participate in the war.#IsraelIranConflict #TrumpBTCTreasury $BTC