Drakuen Drakuen

$ADA Cardano launched Cardinal, a DeFi protocol designed to allow Bitcoin users access to services like lending and borrowing on the Cardano network. With such a development, investors were expecting a surge in activity and price simultaneously.

As the market gets uncertain, ADA and other altcoin investors are shifting to cloud mining sites. One leading platform that supports Cardano, Solana, and Litecoin is helping investors redirect their crypto assets into cloud mining contracts offering significant daily returns.
As the Cardano price is dropping, the recently launched Cardano mining contract received millions of new users and has sold out. Fortunately, there are several other mining contracts on the platform which Cardano holders can purchase to earn profits every day as investors wait for the next bull cycle.

So far, VNBTC serves 12 million monthly investors worldwide. This is a representation of the current shift from fiat investments and crypto trading into safer and more profitable opportunities. As a UK-regulated firm, VNBTC has been delivering secure, profitable, and passive income to users for the past 5 years#ETH

#CardanoDebate Cardano’s ADA token declined 6.01% to $0.6412 as the market reacted to both macro volatility and a heated governance debate over a proposed $100 million treasury allocation aimed at strengthening the DeFi ecosystem.

On Wednesday, the TapTools team asked its followers on X what they think about the idea of deploying 140 million ADA (around $100 million) to provide liquidity for stablecoins like USDM and help power Cardano’s growing decentralized finance sector.Not everyone is on board. Influential account @cardano_whale argued that introducing 140 million ADA in sell pressure under current market conditions would be damaging. He acknowledged the potential long-term DeFi benefit but warned that governance proposals are typically front-run by traders, meaning any public plan to sell ADA at $0.70 might end with that supply being sold at $0.50. Instead, he favored minting crypto-backed stablecoins like ObyUSD to avoid direct selling pressure.

Cardano founder Charles Hoskinson pushed back strongly, calling the sell pressure concerns a “false narrative.” In his view, the treasury could convert the 140 million ADA gradually over-the-counter or through algorithmic execution strategies like time-weighted average price (TWAP) orders to avoid market disruption. He emphasized that Cardano’s lack of stablecoin depth is holding the ecosystem back, and this initiative could not only address that gap but also generate sustainable, non-inflationary revenue for the treasury.#BTC

$ETH Safe-haven demand for gold was further boosted by growing uncertainty over US trade policy. President Donald Trump plans to impose unilateral tariffs to pressure trading partners, though Treasury Secretary Scott Bessent suggested the current 90-day tariff pause could be extended.

The hype surrounding the latest trade tariff deal between the U.S. and China faded, resulting in uncertainty continuing in global markets. Meanwhile, President Trump continued to call for a 100 bps Fed rate cut, sparking discussions in the crypto market.

$3.7 Billion in Bitcoin and Ethereum Options Expiry
Over $3.7 billion in crypto options are set to expire on Deribit today. The crypto market often faces crash possibilities on options expiry due to high volatility. A mix of geopolitical and macro factors, supported by the options expiry, pushed traders to liquidate or change their positions.

28K BTC options with a notional value of more than $3 billion are set to expire on Friday on Deribit. At the time of writing, the put-call ratio was 0.95, suggesting a slightly bearish sentiment among traders. Notably, the max pain point is at $107,000, indicating a high chance of further retracement in BTC price.#BTC

$BTC The crypto market saw a major crash on Friday on the back of various factors, including geopolitical tensions, macro events, renewed Trump tariffs, Friday’s options expiry, and liquidation of leveraged positions. Bitcoin price fell to an intraday low of $102K, dropping more than 7% in two days. Also, Ethereum and XRP prices tumbled 10% and 7% over the last 24 hours.
The crypto market crash happened after Israel launched a preemptive strike against Iran, significantly heightening fears of broader conflict in the Middle East. The White House released a statement clarifying that the US played no part in Israel’s decision to strike Iran.

Oil and gold prices rally as tensions rise in the Middle East. Notably, JPMorgan warned that striking Iran could drive oil prices higher to $120 per barrel, pushing CPI inflation in the United States back to 5% from a recent 2.4% print.#ETH

#IsraelIranConflict Israel has launched strikes across Iran overnight on Friday targeting Tehran's nuclear programme, killing Revolutionary Guard Commander Hossein Salami, Chief of Staff Mohammad Hossein Bagheri, and Emergency Forces Commander Gholam Rashid and other military officials, as well as at least six top nuclear scientists.

In response, the Israel Defence Forces (IDF) said Iran had launched "approximately 100 UAVs towards Israeli territory," which were successfully neutralised.

Meanwhile, Israeli jets have struck multiple targets in the Iranian cities of Tabriz and Shiraz midday on Friday, according to Iran's state-run media.

The US has described Israel's action as unilateral, and US Secretary of State Marco Rubio said its top priority is protecting American forces in the region, and a US media outlet reports President Donald Trump has convened his cabinet for an emergency meeting.

Follow developments live here as Euronews reporters from the region and around the world bring you updates and reactions from the dramatic events in the Middle East.#BTC

#TrumpTariffs In May 2025, the Asian American Foundation published its fifth annual Social Tracking of Asian Americans in the U.S., or STAATUS, Index. The index, which was launched by the foundation in 2021 in the wake of spiking anti-Asian hate crimes during the Covid-19 pandemic and the Atlanta Massacre, compiles surveys on stereotypes and attitudes of Asian Americans, Native Hawaiians, and Pacific Islanders as reflected in the media and public opinion.

While the data in each report highlights different forms of ongoing discrimination facing Asian Americans, this year’s report included two startling discoveries. Based on a survey of 4,909 U.S. adults ages 16 and above, this year’s report announced that “40 percent of Americans believe that Asian Americans are more loyal to their countries of origin than to the U.S., doubling since 2021.” Within the same survey, 27 percent of respondents stated that Chinese Americans are a threat to U.S. national security.

The report touched on the growing rise of xenophobia within the United States during the presidency of Donald Trump, whose policies—most notably his mass deportation schemes and his second trade war with China—have polarized Americans and other nations alike.#BTC

$BTC Bitcoin Bitcoin
btc
-1.89%
Bitcoin climbed to $108,000, its highest level since May 29, marking a 7.55% gain from its monthly low. Venice Token (VVV) rose to $3.52, sharply up from this month’s low of $2.56.

Similarly, Kaia (KAIA), Ravencoin (RVN), Fartcoin Fartcoin
fartcoin
-2.42%
Fartcoin, and SPX6900 SPX6900
spx
11.71%
SPX6900 jumped by over 10% on Monday. This surge brought the market capitalization of all coins to over $3.35 trillion.

The likely catalyst was the easing of trade tensions between the United States and China, with negotiations beginning in London on Monday afternoon. Talks are expected to extend into Tuesday.

Markets are hopeful that the two sides will reach an agreement to ease export controls and possibly reduce tariffs. Such an outcome would likely temper investor fears that have lingered for months amid escalating trade restrictions.
Bitcoin and altcoins rose as accumulation continued. Strategy bought 1,045 coins worth $110 million last week, bringing its total holdings to 582,000 coins worth over $62 billion. Other companies like Trump Media, MetaPlanet, and GameStop have continued buying Bitcoin.#ETH

$ETH Financial and Business News
Why Is Ethereum Going Up Today? ETH Price Hits 3-Month High After 14% Rally
Wednesday, 11/06/2025 | 07:51 GMT by Damian Chmiel
Ethereum has surged to 15-week highs above $2,800, driven by institutional inflows, whale accumulation, and positive U.S.-China trade developments.
Technical analysis suggests ETH could reach $3,500-$4,000 if it breaks the critical $2,800 resistance level for good.
Long-term Ethereum price predictions for 2025 and beyond suggest even higher levels.
Trending
Ethereum
Ether token standing on a stack of ETH tokens and green up arrow in the background
Why is Ethereum surging today? Check tecnical and fundamental analysis and price predictions
Ethereum (ETH) price has captured the attention of retail traders worldwide as the world's second-largest cryptocurrency breaks through critical resistance levels. With ETH hitting a 15-week high of $2,833 on Wednesday, June 11, 2025, many are asking: Why is Ethereum going up, and where could it head next?

The recent Ethereum price surge represents more than just another crypto rally. Multiple fundamental and technical factors are converging to create what analysts describe as a perfect storm for sustained upward momentum.

Let’s check the current Ethereum quotes for today and the newest ETH price predictions for 2025 and beyond.

Ethereum Price Today Is Rising: Current Market Performance and Key Metrics
Ethereum's recent performance has been nothing short of impressive. The cryptocurrency posted a 5% gain on June 10, breaking above the upper boundary of its month-long consolidation pattern between $2,400 and $2,700. This breakout comes after ETH demonstrated remarkable resilience, rebounding approximately 45% in late May and outperforming both Bitcoin and other DeFi tokens.

During today’s session, June 11, the price of ETH tested an intraday high of $2,833 before pulling back slightly. Ethereum is currently down 0.8% on the day, trading at $2,788, but remains above the recent consolidation zone.#bnb

#CryptoRoundTableRemarks US Securities and Exchange Commission (SEC) Chairman Paul Atkins told the agency’s fifth cryptocurrency roundtable on June 9 that the ability to hold crypto without an intermediary belongs at the core of US law.

Atkins opened the “DeFi and the American Spirit” session by linking decentralized (DeFi) finance with the country’s traditions of private property rights and open markets.

He described blockchains as peer-to-peer databases that record ownership of digital assets without central control. Atkins also noted that network participants compete in a fee marketplace to validate transactions and keep ledgers in sync.

He stated:

“The right to have self-custody of one’s private property is a foundational American value that should not disappear when one logs onto the internet.”

The new SEC chair contrasted that model with the prior administration’s approach, saying it sought to discourage participation through enforcement actions and public statements that characterized mining, validating, and staking services as securities activity.

He credited the Division of Corporation Finance for later clarifying that routine validation work through staking does not fall under federal securities rules but added that the guidance was insufficient because it lacks a rulemaking force. #BTC

$ETH At 11:32 am IST, Bitcoin was trading 3.4% higher at $109,241 after touching an intraday high of $110,561, according to CoinMarketCap. Ethereum surged 7.3% to $2,664. The global crypto market capitalisation rose 3.8% to $3.4 trillion.

Altcoins also mirrored the bullish sentiment. XRP gained 2.3%, BNB 2%, Solana 5.2%, Dogecoin 5.5%, Cardano 5.7%, Hyperliquid 11%, Sui 5.6%, and Shiba Inu 4%.
Bitcoin breached the $110,000 mark on Tuesday ahead of US inflation data due Wednesday," said Shivam Thakral, CEO of BuyUcoin. "Traders are avoiding big bets for now as the data release comes alongside the US-China trade talks in London. Any easing of tensions could lift sentiment across global financial markets. However, macroeconomic headwinds may keep the market volatile in the near term.#TRX

#NasdaqETFUpdate Nasdaq has officially filed an SEC Form 8-K for the Hashdex Nasdaq Crypto Index US ETF, confirming it has reconstituted its benchmark index to include four new digital assets: Cardano (ADA), Solana (SOL), Stellar Lumens (XLM), and XRP.

These coins are now part of the Nasdaq Crypto US Settlement Price Index (NCIUS), which the ETF uses as its benchmark.

According to the filing dated June 2, this update marks a significant step toward broader crypto representation in institutional investment products. However, despite the change, the Trust will continue to hold only Bitcoin and Ethereum for now, due to its existing listing restrictions.
The update was disclosed in a Form 8-K, a standard filing companies use to inform investors of major events that shareholders should know about. In this case, it included the resignation of a key executive, as well as a major index reconstitution that may affect fund tracking performance.#xrp

#MarketRebound The ongoing crypto market recovery aligns with continued capital inflows into crypto investment products.

Digital asset investment products see inflows for the seventh week in a row, with deposits totaling $224 million during the week ending June 6, as per CoinShares report. This brings the last seven weeks of inflow to $11 billion, indicating institutional investors’ increasing exposure to digital assets.

Ether
ETHUSD
led with $296.4 million in inflows, marking its 7th week of inflows totaling $1.5 billion.CoinShares head of research James Butterfill attributed this to reducing macroeconomic uncertainties as investors await clarity from the US Federal Reserve.

Butterfill said:

“There has been a noticeable deceleration amid uncertainty over monetary policy, with investors adopting a wait-and-see stance ahead of further signals from the US Federal Reserve on inflation.”
In the meantime, SoSoValue reported positive inflows into US-based spot ETFs, with approximately $788.9 million flowing into spot Ethereum ETFs between May 22 and June 9.

Approximately $386.2 million flowed into spot Bitcoin ETFs on June 10.

The long-term trend for crypto investment products suggests a consistent demand, which positively impacts crypto prices.

Massive short liquidations fuel price surge

Another driver of today’s rally is a wave of short liquidations that have triggered a significant short squeeze.

In the past 24 hours, over $451 million in crypto positions have been liquidated across the crypto market, with approximately $391 million representing short position liquidations.

Short Bitcoin
BTCUSD
leveraged positions totaling $195.8 million have also been liquidated on the day.

The largest single liquidation occurred on HTX, where an

ETHUSDT
position worth $4.06 million was liquidated. #ETH

#TradingTools101 Trading tools are essential for making informed decisions and managing risks in the market. They include charting software, technical indicators, market data, stock screeners, and risk management tools. Understanding and utilizing these tools can significantly improve trading performance and decision-making.
Charting Software:
Allows traders to visualize price movements and identify patterns, including candlesticks, moving averages, and other technical indicators.

Technical Indicators:
Mathematical calculations based on price and volume data, used to identify trends and potential trading opportunities, such as the Moving Average and RSI.
Market Data:
Provides real-time or historical data on prices, volume, and other relevant information, helping traders stay informed about market conditions.

Stock Screeners:
Tools that filter stocks based on specific criteria, helping traders identify potential trading opportunities.
Risk Management Tools:
Help traders manage the potential for losses, such as stop-loss orders and position sizing strategies.
Trading Platforms:
Software or websites that allow traders to place orders, manage positions, and access market data.

Backtesting Tools:
Allow traders to test their trading strategies on historical data to assess their effectiveness.
Trading Journals:
Tools for recording trading activities, analyzing performance, and identifying areas for improvement. #BTC

$BTC Trump Media shares have dropped more than 20% since the announcement, while GameStop is down nearly 17%. Strategy, formerly known as MicroStrategy, has multiplied by 26 times since the end of 2022, amassing a bitcoin stake worth over $60 billion.

"Maybe the market wanted them to buy more bitcoin," said Strategy Chairman Michael Saylor in an interview at Bitcoin 2025 in Las Vegas. "But these are short-term dynamics. Over the long term, bitcoin on the balance sheet has proven to be extraordinarily popular."

Saylor called Trump Media's move "courageous, aggressive, and intelligent" — and said the flood of similar announcements marks a global shift in corporate finance.

"Everywhere I go at this conference, someone says, you know, I'm working on a bitcoin treasury company in Hong Kong. I'm doing this thing in Korea. I've got this thing I'm working on in Abu Dhabi. We're going to do this in the Middle East, you know, we've got this in the U.K.," he said. "There's an explosion of interest right now."#ETH

#USChinaTradeTalks President Trump will host a White House roundtable today to highlight a provision in the massive Republican domestic policy bill that would seed $1,000 into investment accounts for all newborn American children.

The so-called “Trump Accounts” will be created for every U.S. citizen child born between Jan. 1, 2024 and Jan. 1, 2029, as part of a pilot program included in the bill that passed the House last month.

The government’s $1,000 investment will go into an index fund account that tracks the overall stock market, controlled and owned by the child’s guardians. Additional contributions of up to $5,000 annually are allowed, with the funds accessible beginning at age 18 for educational, home-buying or business-creation related expenses.#BTC

$BTC retiree who saved in bitcoins the equivalent of 50 times their annual expenses. Annual expenses amount to €50,000 for a total savings of €2,500,000 in bitcoins (24 BTC).

Years 1 and 2: Sharp bear market. Bitcoin drops 50% by the end of the first year and another 50% by the end of the second year. In other words, the value of their bitcoins falls to €1,250,000 after one year and to €625,000 after two years.

As a result, the annual expense of €50,000 represents 2% of the initial reserve (year 1), then 4% (year 2) and 8% (year 3).

Years 3 and 4: Recovery. The bitcoin market rebounds, rising 100% per year. The bitcoin price returns to the initial level by the end of year 5.

Years 5 to 10: Appreciation of 25% per year in bitcoin (Michael Saylor’s forecast).

Which of the two strategies is more profitable after ten years? Selling part of the bitcoins each year to cover expenses, or borrowing against those BTC which are kept? Knowing that the annual interest rate is painful, at 10%.#ETH走势分析

#SouthKoreaCryptoPolicy President Lee backs crypto for big money
Lee is expected to oversee major crypto policy changes in South Korea, including the likely enactment of the Digital Asset Basic Act (DABA). The progress began under Yoon, who campaigned on it but couldn’t see it to fruition due to his premature dismissal.

Recently, the Democratic Party formed a Digital Asset Committee led by lawmaker Min Byoung-dug, who is aiming to pass DABA through the National Assembly this year. Min said in a recent local media interview that the bill will propose a legally recognized self-regulatory body, a stablecoin approval system and clearer rules for crypto service providers.

Lee also championed approving spot crypto exchange-traded funds (ETFs), which are currently banned under existing law, and allowing the National Pension Service to invest in digital assets.

Regulatory discussions on crypto ETFs were already heating up before the election, and the Financial Services Commission has launched a phased strategy to bring institutional investors into crypto. His main election rival, Kim Moon-soo, backed the same initiatives.

Related: South Korean crypto emerges from failed coup into crackdown season

What set Lee’s crypto policies apart was his proposal to launch a won-based stablecoin. A flashy stablecoin can spark painful memories for South Korean investors who bet on a homegrown multibillion-dollar failure: the Terra project and its algorithmic stablecoins. Lee’s stablecoin contrasts with Terra as he proposed a centralized, fiat-backed currency consistent with global regulatory trends.#TRX

#SouthKoreaCryptoPolicy President Lee Jae-myung’s rise to South Korea’s highest office marks the return of a left-leaning populist with deep working-class roots and bold plans for institutional crypto integration.

Though crypto was not directly mentioned in Lee’s inauguration speech on June 4 after the impeachment of his predecessor, Yoon Suk Yeol, Lee now leads the country with a list of crypto promises made during his campaign.

His administration is expected to accelerate the integration of digital assets into Korea’s regulatory and financial systems on the back of the Democratic Party’s Digital Asset Committee.

Lee’s rise from a teenage factory worker to a human rights lawyer has shaped his reputation as a reformist. After narrowly losing the 2022 election, in which he campaigned on universal basic income, he returned with revised promises focused on a “basic society,” advocating shorter work weeks and targeted basic income.

Despite his victory, Lee begins his term under the shadow of ongoing controversies, including real estate scandals, alleged illegal funding to North Korea and a 2024 stabbing he survived.#DOGE冲冲冲

#CryptoCharts101 Crypto trading charts, such as line charts, bar charts and candlestick charts, show how crypto prices and other information changes over time.
Understanding how to read cryptocurrency charts for day traders is essential for analyzing cryptocurrency trends and determining price movements.
Popular overlays and indicators on live crypto charts help traders make informed decisions.
Noticing common bullish and bearish patterns is important for successful crypto trading and trend following.
Using multiple indicators and backtesting strategies is important to improve trading approaches.
Why do you need to understand cryptocurrency market charts?
Reading crypto trading charts is pretty important for anyone looking to get into crypto trading or investing. After all, these charts provide a visual representation of market data, enabling traders to make informed trading decisions.

By analyzing price movements and patterns, traders can see market trends directly on the charts — whether bullish or bearish — and make predictions about future price directions. This helps determine the best times to buy or sell assets, as well as where to set different orders to protect the trades, such as stop-loss or take-profit orders.

Think of reading these charts like learning to read a map before a journey. Maps can help predict what the journey will look like. Just as a map helps navigate to a destination by showing the best routes and potential obstacles, crypto charts guide traders in navigating the market by highlighting trends and potential price movements#BTC走势分析

#TradingMistakes101 ide
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Psychological Aspects of Trading
Common Trading Mistakes Traders Make & How to Reduce Them
While each CFD (Contracts for Difference) trader’s journey is individual, from their psychological makeup to their personal trading plan among other things, taking the time to learn and do research about market dynamics may provide important information that could assist in navigating this volatile arena. Certain mistakes are common to many CFD traders, and in this article, we will delve into their details as well as suggest possible strategies to potentially avoid some of them.

Common trading mistakes
What Are Trading Mistakes?
Much research has been dedicated to the analysis of traders’ behaviour across financial markets. Given large sample sizes, certain conclusions regarding widespread trends from this data may be drawn. Accordingly, before we go into the specifics of the various ways in which traders’ market moves may contradict their goals, let’s define what a trading mistake is.

What this term means to each individual trader can vary as much as trading itself, but for our purposes, we may consider a trading mistake to be a market decision or lack thereof which furthers a trader from his or her goal. Positive trading results are never ensured in the volatile CFD market, but getting down to brass tacks with regard to some behavioural patterns has the potential to help one become a more conscious trader.

Common Trading Mistakes
Not Having a Trading Plan
Experienced traders understand that proper planning is crucial when trading CFDs. Before entering a trade, they meticulously outline their entry and exit points, determine the amount of capital to allocate, and establish clear risk management parameters among other things. Armed with a well-defined plan, they navigate the volatile waters of the market with confidence and discipline. #Xrp🔥🔥