Mechanics09
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Top 5 Crypto News of the Day
1. Bitcoin Forms Golden Cross, Eyes $150K
Analysts highlight Bitcoin is mirroring a historic Golden Cross pattern, with a typical bullish pullback possibly guiding it toward the $100K range. If momentum holds, the next upside target could reach $150K.
2. Circle Secures $1.05B in U.S. IPO
USDC issuer Circle successfully completed its upsized U.S. IPO, raising $1.05 billion by selling 34 million shares at $31 each—valuing the company at approximately $8 billion and marking a major leap for stablecoin infrastructure.
3. Gemini Pursues IPO Path
Crypto exchange Gemini, led by the Winklevoss twins, has filed a draft registration with the SEC, signaling its intent to become the next crypto-native firm to go public.
4. Ripple‑XRP Attracts Institutional Momentum
Ripple is gaining strength from a favorable position in its SEC case, strategic $421 million XRP treasury movements, and growing interest from institutional investors.
5. Singapore Tightens Crypto Regulations
Singapore’s central bank is moving to restrict unlicensed foreign-only crypto services, reflecting a broader global push to enhance regulatory control over digital assets.
#INitVerse #INIChain
Analysts highlight Bitcoin is mirroring a historic Golden Cross pattern, with a typical bullish pullback possibly guiding it toward the $100K range. If momentum holds, the next upside target could reach $150K.
2. Circle Secures $1.05B in U.S. IPO
USDC issuer Circle successfully completed its upsized U.S. IPO, raising $1.05 billion by selling 34 million shares at $31 each—valuing the company at approximately $8 billion and marking a major leap for stablecoin infrastructure.
3. Gemini Pursues IPO Path
Crypto exchange Gemini, led by the Winklevoss twins, has filed a draft registration with the SEC, signaling its intent to become the next crypto-native firm to go public.
4. Ripple‑XRP Attracts Institutional Momentum
Ripple is gaining strength from a favorable position in its SEC case, strategic $421 million XRP treasury movements, and growing interest from institutional investors.
5. Singapore Tightens Crypto Regulations
Singapore’s central bank is moving to restrict unlicensed foreign-only crypto services, reflecting a broader global push to enhance regulatory control over digital assets.
#INitVerse #INIChain
Trump vs. Elon Clash: Ripples Across Crypto and Financial Markets
The high-profile fallout between Donald Trump and Elon Musk in June 2025 has sent shockwaves through both the cryptocurrency and traditional financial sectors. What began as an unlikely alliance has devolved into a public feud, triggering policy uncertainty and spooking investors.
$DOGE Tumbles: Dogecoin plunged 10% in a single day, down 22% for the week amid Elon-related turbulence.Trump Memecoins Dip: Tokens linked to Trump, including $TRUMP and $MELANIA, saw notable declines.Market-wide Liquidations: A “risk-off” mood dominated crypto markets, with over 150,000 liquidations reported.Tesla Takes a Hit: Tesla shares slid 14%, driven by Trump’s threat to roll back EV subsidies and mandates.DWAC Declines: Digital World Acquisition Corp (DWAC), associated with Trump’s Truth Social, fell 8% amid growing uncertainty.
This clash has redefined investor sentiment and added a new layer of unpredictability to an already fragile market environment.
#INitVerse #INIChain
$DOGE Tumbles: Dogecoin plunged 10% in a single day, down 22% for the week amid Elon-related turbulence.Trump Memecoins Dip: Tokens linked to Trump, including $TRUMP and $MELANIA, saw notable declines.Market-wide Liquidations: A “risk-off” mood dominated crypto markets, with over 150,000 liquidations reported.Tesla Takes a Hit: Tesla shares slid 14%, driven by Trump’s threat to roll back EV subsidies and mandates.DWAC Declines: Digital World Acquisition Corp (DWAC), associated with Trump’s Truth Social, fell 8% amid growing uncertainty.
This clash has redefined investor sentiment and added a new layer of unpredictability to an already fragile market environment.
#INitVerse #INIChain
The top 5 latest Bitcoin (BTC) news:
- Tariff Uncertainty Looms: Analysts warn that Bitcoin’s bullish momentum could be derailed by two-month “tariff ultimatums” tied to US trade policies, posing a significant risk to price stability.
- Price Target and Risks: Experts predict Bitcoin could hit $115,000 by July, but a strong US jobs report on June 6, 2025, might disrupt the rally by influencing market sentiment.
- Whale Sell-Off Intensifies: Large Bitcoin holders (whales) are actively selling, contributing to ongoing profit-taking that could pressure BTC prices in the short term.
- Strategy Boosts Bitcoin Holdings: Strategy, previously MicroStrategy, acquired 705 BTC for $75.1 million in late May, increasing its total Bitcoin stash to 580,955 BTC.
- Norwegian Exchange’s Stock Soars: Norwegian Block Exchange saw its stock surge 138% after purchasing 6 BTC, with plans to further expand its Bitcoin holdings.
#InitVerse #INIChain
- Tariff Uncertainty Looms: Analysts warn that Bitcoin’s bullish momentum could be derailed by two-month “tariff ultimatums” tied to US trade policies, posing a significant risk to price stability.
- Price Target and Risks: Experts predict Bitcoin could hit $115,000 by July, but a strong US jobs report on June 6, 2025, might disrupt the rally by influencing market sentiment.
- Whale Sell-Off Intensifies: Large Bitcoin holders (whales) are actively selling, contributing to ongoing profit-taking that could pressure BTC prices in the short term.
- Strategy Boosts Bitcoin Holdings: Strategy, previously MicroStrategy, acquired 705 BTC for $75.1 million in late May, increasing its total Bitcoin stash to 580,955 BTC.
- Norwegian Exchange’s Stock Soars: Norwegian Block Exchange saw its stock surge 138% after purchasing 6 BTC, with plans to further expand its Bitcoin holdings.
#InitVerse #INIChain
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