The price of Mantra (OM) saw a sharp decline in late May and early June, driven by a series of breakdowns below the main trendline support and intensified profit-taking. A strong downward rush on June 11 caused the currency to drop to $0.243, marking its lowest level in two months. However, the recent rise has brought OM back into the supply range between $0.275 and $0.280, indicating early signs of strength.
The four-hour chart shows a breakout of the price from a descending wedge pattern, with the last candle approaching the resistance level between $0.282 and $0.285. This area overlaps with previous order blocks and the highest levels of the value area recorded in early June, making it a critical zone for short-term bulls. 82980826610
The cryptocurrency markets witnessed a wave of collective declines on the morning of Friday, June 13, 2025, affected by the dangerous geopolitical escalation in the Middle East, following airstrikes carried out by Israel on targets in Iran, which raised concerns in global markets. Noticeable decline for Bitcoin and cryptocurrencies Bitcoin, the largest cryptocurrency by market capitalization, dropped by about 3.40% to reach $104,227 by 9:00 AM Abu Dhabi time, down from its previous levels that exceeded $108,000.
Despite this decline, Bitcoin recorded slight weekly gains of approximately 1.43%, while daily trading volumes increased to $67.19 billion over the past 24 hours. The total market capitalization of the currency has decreased to $2.06 trillion. Alternative cryptocurrencies record sharp losses Similar to Bitcoin, other cryptocurrencies declined more sharply: Ethereum (ETH) fell by 9.55% to record $2,500. Binance Coin (BNB) dropped by 2.93% to reach $646. Cardano (ADA) plummeted by 8.61% to $0.6311. Ripple (XRP) decreased by 5.36% to $2.1241. Dogecoin (DOGE) lost about 8.83% of its value to reach $0.1739.
On June 13, 2025, the cryptocurrency market experienced a sharp sell-off following escalating tensions between Israel and Iran. Reports confirmed Israeli airstrikes on Iranian nuclear facilities, raising concerns in global markets, and cryptocurrencies were not spared from this shock. This geopolitical shock led to the liquidation of over $1.14 billion in leveraged cryptocurrency positions within hours. Among alternative currencies, Ethereum (ETH) and Cardano (ADA) suffered some of the most severe losses. 44137102109
#TrumpTariffs $TRUMP Washington - The federal appeals court has come closer to ruling on whether to keep most of the global tariffs imposed by President Donald Trump in place for a longer period while the legal battle over them continues.
On Monday, the U.S. Department of Justice requested that the federal appeals court extend its previous temporary stay of a ruling issued by a lower court on May 28, which deemed most of Trump's tariffs illegal. The government stated that this ruling harmed the president's ability to manage foreign policy.
The federal court can now issue a ruling at any time regarding whether to lift the stay during the appeals process, which is likely to last for months. The administration also indicated that it would appeal to the U.S. Supreme Court if the appeals court lifts its current stay.
$BTC Bitcoin recently failed to break through the resistance level of $110,000. This rejection led to a short-term correction towards $107,000, where it is now testing a critical support area. The analyst indicates that the $106,000 level is the level that should be maintained. If this support holds, the upward trend may resume soon.
VivoPower International, listed on the NASDAQ (NASDAQ:VVPR), has allocated $100 million to an XRP-based treasury system, aiming to generate institutional returns through decentralized protocols on the Flare network.
This is part of a broader plan to build an XRP-based treasury system. VivoPower aims to generate income from protocols like Firelight and reinvest it in its own XRP assets.
This move presents an unconventional yet significant bet on the utility of digital assets for a public company, especially in light of recent financial metrics highlighting the current pressures on the company's balance sheet.
Kevin Chin, the CEO and President of VivoPower, described this move as a fiduciary duty, stating:
"It is no longer enough to just hold XRP; our duty to our shareholders is to make it productive."
Japanese candlestick charts have appeared for over 100 years and are one of the most popular types of cryptocurrency charts. This type of chart illustrates price movements over a specific time period.
Each "candle" represents the opening, closing, high, and low prices of a cryptocurrency like Bitcoin during the specified time frame.
The "body" of the candle represents the range between the opening and closing prices of the cryptocurrencies, while the "wick" shows the highest and lowest levels reached.
In candlestick charts, full and defined candles indicate different market sentiments.
Paul Atkins stated that the right to self-custody of private property is a "core American value" that should not change even in relation to cryptocurrencies.
He announced that he supports providing flexibility so that market participants can easily hold their crypto assets.
The chairman of the Securities and Exchange Commission issued guidance to staff to determine whether further guidance is needed regarding self-custody activities and DeFi.
$ETH The value of Ethereum has increased by more than 100% from $1,380 to over $2,800 amidst sustainable investments in institutional exchange-traded funds.
Analysts expect the price of Ethereum to reach between $10,000 and $14,000 by the end of the year.
The breakout in the ETH/BTC pair is the main catalyst for a significant rise in alternative cryptocurrencies.
Weekly Analysis of ETH/USDT Pair 🚀 Ethereum is currently experiencing a phase of sideways consolidation after a strong rise of 41% in May. 📉 Support: $2,300 📈 Resistance: $2,850 As U.S. stocks approach their all-time highs, and Bitcoin heads towards new record levels, high-risk assets like Ethereum and cryptocurrencies may see strong momentum.
Key Bullish Indicators: ✅ Weekly breakout of the Relative Strength Index ✅ Bullish crossover of the MACD ✅ Price stability above the 200-week moving average ✅ Stochastic Relative Strength Index shows upward momentum ✅ Continued inflows into traded ETH funds ✅ Continued expansion of M2 money supply Given these technical and macro signals, I wouldn't be surprised to see Ethereum reach $4,000 in the next four to six weeks. 30296706897
#TradingPairs101 In forex trading, currencies are always traded in pairs. The first currency is the base currency, and the second is the quote currency.
For example, in the Euro/US Dollar pair, the euro is the base currency, and the US dollar is the quote currency. The exchange rate shows the amount needed to purchase one unit of the base currency. $ETH $USDC
#Liquidity101 Liquidity is the ease of buying or selling an asset without causing a significant change in its price. It is a measure of how active and efficient the market is. A liquid market allows for transactions to be completed quickly, with minimal delay or price fluctuations.
For example, in a liquid market like the stock exchange, there are many sellers and buyers at any given time. If you want to sell shares of a well-known company, you can almost immediately find a buyer, and the price you receive will be close to the market price. The large number of participants ensures price stability and smooth execution of transactions.
A stop-loss order is a buy or sell order for a specific asset at a predetermined price. The goal of a stop-loss is to limit the losses of an open position. For example, a stop-loss order set 3% lower than the purchase price of the asset will cap your loss at that amount. Let's say you paid $20,000 for Bitcoin. Once you buy Bitcoin at this price, you will set a stop-loss order at $19,400. Your open position will be sold at the current market price if the price of Bitcoin falls below $19,400. It is important to note that a stop-loss order can only be placed with an open position.
Cryptocurrency exchanges serve as a gateway for anyone into the fascinating world of crypto assets. They are the most popular destination for buying and selling the cryptocurrencies of your choice. However, the debate over centralized exchanges versus decentralized exchanges has made headlines in the crypto space for good reason. Cryptocurrency users feel confused about choosing a suitable trading platform from among the two common categories. Which is the better cryptocurrency exchange? You may wonder about the possibilities of finding a cryptocurrency exchange when both offer cryptocurrency trading facilities. While centralized exchanges may be one of the dominant forces in the cryptocurrency industry, decentralized exchanges are making their presence felt. Therefore, it is important to make a clear comparison between CEX and DEX to reach a suitable option between them. The following discussion provides a clear outline of the differences between centralized exchanges and decentralized exchanges in the cryptocurrency world.
$BTC High risk with a value of 54.5 million USD on Bitcoin. The trade was conducted via Hyperliquid, using 20x leverage. This move has sparked speculation about its potential impact on the price direction of Bitcoin.
Whale opened a position with 54.5 million USD leverage
On June 9, on-chain data revealed that wallet 0x1f25 deposited 10 million USD of USDC in Hyperliquid, a decentralized perpetual trading platform. Subsequently, the wallet opened a long position on Bitcoin with 20x leverage worth 54.5 million USD, equivalent to 511.5 Bitcoin.
$BTC The price of Bitcoin has seen a critical rebound from the $102,000 area, recovering by more than 3% in just two sessions. This recovery came after a dynamic support meeting around the 100-day exponential moving average and horizontal demand near $101,000. However, the four-hour chart shows that the price is retreating again near a significant resistance barrier between $105,800 and $106,900, an area that coincides with the upper range of the Bollinger Bands and previous rejection areas from late May.
The latest Bitcoin price update highlights how the asset is consolidating within a short-term symmetrical triangle pattern, with increasing breakout pressure as volatility contracts. This pattern is forming just below the main resistance level and typically precedes a directional movement, either confirming the continuation of the breakout or signaling a short-term correction.
#TradingTypes101 🚀 The world of cryptocurrencies is witnessing rapid evolution, and AI-backed tokens are leading the next wave of innovations! Projects like $Frozen Embryo Transfer are gaining momentum with digital currencies like $AGIX and $RNDR as the integration of artificial intelligence turns into a dominant narrative in 2025. But the big question is - what kind of trader are you in this AI-driven market?
Are you a trend follower, capitalizing on the AI wave early and making profits? Or a fundamental analyst delving into the benefits of AI systems? Perhaps a swing trader, taking advantage of the volatile movements of AI tokens for short-term gains?
Whatever your trading style, understanding your style is the key to success in this volatile and promising sector. The AI revolution is not coming, it is already here.
#CryptoSecurity101 With the increasing popularity of cryptocurrencies and digital assets, the need for effective security measures has become more urgent than ever. Cybercriminals are constantly seeking to exploit security vulnerabilities and gain unauthorized access to users' wallets, often resulting in the loss of valuable assets. By following best practices and Web3 security guidelines, you can significantly reduce the risks associated with managing crypto assets and ensure that your investments remain safe from the clutches of malicious actors in the blockchain world.