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Bitcoin Price Forecast: Sticky inflation fears threaten deeper sell-off in BTC
Bitcoin (BTC) extends its decline on Wednesday, trading below $61,500 at the time of writing as renewed US-Iran tensions keep the risk sentiment capped. In addition, persistent capital outflows from US-listed spot Exchange Traded Funds (ETFs) continue to fuel selling pressure on BTC.
Bitcoin
Fxstreet
Wed, Jun 10
Pi Network Price Forecast: PI extends decline as CEX outflows fail to offset bearish pressure
Pi Network (PI) price edges lower on Wednesday, extending its decline for the third consecutive day this week.
Fxstreet
Wed, Jun 10
Japan’s SBI Bank Expands Crypto Push With BTC, ETH, XRP Rewards Program For Depositors
The banking arm of Japanese financial giant SBI Holdings is reportedly launching a crypto rewards program for depositors as part of a broader push to expand its digital assets business. Related Reading: ‘Time For CLARITY Act’: Over 200 Crypto Organizations Push For Senate Vote SBI Shinsei Launches B...
Bitcoinist
Wed, Jun 10
XRP Being Suppressed? Researcher Reveals Why The Token Isn’t Soaring
A 2021 Citibank document that used the phrase “Regulated Internet of Value” sits at the center of a new XRP debate, after researcher Jesse of Apex Crypto Insights argued the wording was later shifted to “Regulated Liability Network” because the link to Ripple was too obvious. Related Reading: Securi...
NewsBTC
Wed, Jun 10
Trump’s Crypto Deals May Have Increased The Family Fortune By $2 Billion—At Investors’ Expense
A new investigation by Reuters alleges that the Trump family has generated $2.3 billion from its four main crypto ventures, while investors in those projects have absorbed losses of a similar magnitude, amounting to roughly $2.3 billion, including paper losses, by the end of April. World Liberty Sal...
Bitcoinist
Wed, Jun 10
Years In The Making: Why The Bitcoin Price Is Headed To $220,000
Bitcoin has been forming a pattern for years now, and even with the uncertain price movements, this pattern has now finally be completed. This was explained by crypto analyst Bitcoin Teddy on the X social media platform, showing this pattern, how it was formed, and what the implications are for this...
NewsBTC
Wed, Jun 10
BREAKING – Bitcoin Drops As Trump Orders Retaliatory Strikes On Iran
Iran’s deputy foreign minister pushed back on Monday, saying Tehran had nothing to do with deliberately bringing down the American helicopter, suggesting what happened could have been an unintended consequence of heightened tensions in the region. That denial, however, did not stop US Presiden...
Bitcoinist
Wed, Jun 10
Cardano Price Forecast: ADA downtrend deepens despite on-chain bottoming signals
Cardano (ADA) edges lower to $0.1600 at press time on Wednesday, signaling a potential extension of the 30% loss from last week. The altcoin remains under intense selling pressure, weighing on its retail support.
Cardano
Fxstreet
Wed, Jun 10
Tim Draper claims Bitcoin is safer than Banks in Quantum era
Billionaire financier Tim Draper believes that the conventional banking system faces a more immediate threat from quantum computing than Bitcoin does. The statements have raised a discussion about which financial institutions are at the greatest risk as the technology continues its rapid advancement into the mainstream. Draper in an X post wrote that he feels...
Cryptopolitan
Wed, Jun 10
Bitcoin Traders Watching Closely As Trump Hints At Imminent Iran Deal
Bitcoin is already being eyed for a move toward $65,000 if a US-Iran deal is sealed, with US President Donald Trump saying such an agreement could be signed within two or three days. Related Reading: A 400 Billion Shiba Inu Surprise: Whale Wallet Springs Back To Life The top crypto asset had also cl...
NewsBTC
Wed, Jun 10
Ethereum Never Reached A Key Bull Market Milestone This Cycle
On-chain analytics firm Glassnode has revealed how the latest Ethereum cycle never reached a profitability threshold cleared in previous bull runs. Ethereum Has Seen Its Profitability Profile Compress This Cycle In a new post on X, Glassnode has talked about how the share of supply carrying a gain o...
Bitcoinist
Wed, Jun 10
BNB Price Forecast: Ongoing correction threatens deeper losses below key support
BNB (BNB), formerly known as Binance Coin, continues to extend its losses, trading below $585 at the time of writing on Wednesday, having corrected over 3% so far this week.
BNB
Fxstreet
Wed, Jun 10
Bitcoin Back At Production Cost: Analyst Says Best Value Zone Starts Here
The founder of Capriole Investments has highlighted how Bitcoin is at the threshold of a zone that has historically provided the best long-term opportunities. Bitcoin Has Returned To Its Production Cost In a new post on X, Capriole Investments founder Charles Edwards has pointed out that Bitcoin is ...
NewsBTC
Wed, Jun 10
Tom Lee’s Bitmine Buys Another $213M In Ethereum, Nears 5% Of ETH Supply
Ethereum is struggling below $1,700 as selling pressure and market uncertainty continue to define the short-term price structure. The asset has lost significant ground from the levels that briefly offered hope of a sustained recovery — but data from Arkham Intelligence has revealed an institutional ...
Bitcoinist
Wed, Jun 10
Solana (SOL) Back On The Defensive—Can Bulls Prevent Another Drop?
Solana failed to stay above $67 and corrected some gains. SOL price is moving lower and might aim for another increase if it stays above $63.00. SOL price started a downside correction below $66 against the US Dollar. The price is now trading below $65 and the 100-hourly simple moving average. There...
NewsBTC
Wed, Jun 10
Crypto Exchange Bithumb Raided In Probe Tied To Lawmaker’s Family
Seoul police returned to Bithumb’s headquarters on Monday, carrying out a second search tied to a corruption probe centered on independent lawmaker Kim Byung-ki and claims that his son’s hiring at the exchange may have come through political pressure. The move came months after the first raid and pu...
Bitcoinist
Wed, Jun 10
XRP Leverage Flush Hits Bybit While Binance Holds The Line – Analyst Explains Rare Setup
XRP is struggling around $1.15 as fear and uncertainty define the current market environment, and holders search for evidence that the current level represents support rather than a temporary pause before further decline. The price is under pressure — and a CryptoQuant analyst has identified a deriv...
NewsBTC
Wed, Jun 10
Solana Price Forecast: SOL risks deeper losses amid mixed ETF flows, weak retail interest
Solana (SOL) is trading in the red below $65 on Wednesday as the broader cryptocurrency market remains under pressure. Mixed institutional demand for SOL and weak retail interest weigh on Solana, risking a steeper correction below $60.
Solana
Fxstreet
Wed, Jun 10
Litecoin Price Forecast: LTC sellers tighten grip, eyeing a move below $40
Litecoin (LTC) remains under pressure, trading below $43 on Wednesday after suffering a steep correction last week. Bearish sentiment continues to build as derivatives metrics signal reduced bullish conviction.
Litecoin
Fxstreet
Wed, Jun 10
OpenAI eyes 10-GW Ohio AI data center backed by Nvidia in historic infrastructure push
OpenAI has entered talks to lease a 10-gigawatt data center in Ohio through funding provided by Nvidia. If finalized, the agreement would rank among the largest single-site commitments to AI computing ever made, signaling that the race to build physical AI infrastructure has moved into a new phase. The data center would sit on federal...
Cryptopolitan
Wed, Jun 10
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