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Cardano (ADA) Crashes To Five-Year Low: Top Analyst Targets $0.051 After Hoskinson’s Warnings
Cardano (ADA) is facing a sharp downturn, having suffered a major monthly drop of around 30% and slipped below the crucial $0.20 support level on Thursday for the first time in over five years. The selloff is unfolding against two pressures at once: bearish momentum across the broader crypto market ...
Bitcoinist
Fri, Jun 5
Bitcoin Price Pain Isn’t Over Yet As Selling Pressure Persists
Bitcoin price started a fresh decline below the $65,000 zone. BTC is showing bearish signs and might continue to move down if it dips below $62,000. Bitcoin failed to stay above $65,500 and extended losses. The price is trading below $64,000 and the 100 hourly simple moving average. There is a beari...
NewsBTC
Fri, Jun 5
Ethereum funding rate flattens to near zero as traders pull back leverage
On June 4, Ether’s 8-hour network-wide average funding rate was only 0.0028%, according to CoinGlass. This low rate suggests traders were not very sure about the market’s direction. Usually, higher leverage shows that traders have more confidence in how an asset will move. This average considers all major exchanges, but the figures differ significantly from...
Cryptopolitan
Fri, Jun 5
Ethereum Funding Rates On Binance Jumps To The Highest Level Of 2026
Ongoing volatility has overshadowed the Ethereum markets, which has caused its price to drop back to the $1,700 threshold. Despite the heightened bearish pressure around the leading altcoin, funding rates on crypto exchanges have started to experience a sudden uptick, reaching new highs. Binance Eth...
Bitcoinist
Fri, Jun 5
Has The Bitcoin Crash Ended After Falling Below $70,000?
Bitcoin (BTC) has crashed below $70,000, underperforming the already weak crypto market as selling pressure tests price action. Market analyst Crypto Patel noted that he had anticipated this significant drop, citing BTC’s fragile price structure and persistent bearish factors in recent weeks. ...
NewsBTC
Fri, Jun 5
JPMorgan, Citi and other banks to launch tokenized deposit system to rival crypto in 2027
Major U.S. banks including JPMorgan Chase, Citigroup, Bank of America, and Wells Fargo have set up a partnership aimed at building a joint tokenized deposit network through the Clearing House, and are targeting a 2027 launch in a move to counter stablecoin and crypto taking over payments and corporate finance. This comes in the wake...
Cryptopolitan
Fri, Jun 5
Bitcoin HODLer Pain Surpasses FTX Crash Levels As BTC Drawdown Deepens
On-chain data shows the Bitcoin long-term holders are now holding more underwater supply than even the lowest point of the 2022 bear market. Bitcoin Long-Term Holders In Deepest Pain Since COVID Crash As highlighted by Glassnode lead research analyst CryptoVizArt in an X post, the Bitcoin long-term ...
Bitcoinist
Fri, Jun 5
XRP Ledger 3.2.0 nears launch as core system shifts from rippled to xrpld
The XRP Ledger is preparing for one of its most significant infrastructure updates yet, as version 3.2.0 moves closer to mainnet deployment. This comes alongside a rebranding of its core server software from “rippled” to “xrpld.” According to recent developer updates and XRP Ledger Operations announcements, the upcoming release is part of a broader effort...
Cryptopolitan
Fri, Jun 5
Peter Todd Warns Zcash Tech Is Too Risky For Bitcoin Privacy Push
Bitcoin developer Peter Todd has pushed back against calls to bring Zcash-style privacy into Bitcoin’s consensus layer, arguing that the cryptographic risk profile is too high for the network’s base protocol. The debate erupted after ZODL developers disclosed an issue affecting the Orchard shielded ...
Bitcoinist
Fri, Jun 5
DeFi hack losses drop 80% from 2022 peak as security defenses improve — Immunefi
Losses from decentralized finance (DeFi) exploits have fallen by 80% since reaching a record high in 2022, according to a report released by Immunefi.
Fxstreet
Fri, Jun 5
XRP Long-Awaited Wave Structure Finally Unfolds – What Comes Next?
XRP has entered a pivotal stage as the wave structure traders have been tracking for months finally begins to take shape. With volatility increasing and crucial price levels approaching, the next few moves could provide valuable clues about whether XRP is nearing a bottom or preparing for another le...
NewsBTC
Fri, Jun 5
If You’re Waiting For The Bitcoin Bottom, This Pundit Says You Should Be Looking At This Quarter
Bitcoin is steadily pushing towards $60,000 and is trading close to its February 6 wick bottom. The crypto market sentiment is now back in extreme fear, and there have been multiple questions on when Bitcoin will eventually register a correction bottom. Crypto pundit Ardi believes the answer may be ...
Bitcoinist
Thu, Jun 4
Ethereum Price Forecast: BitMine's Strategy-inspired stock offering likely to fuel ETH purchases
Ethereum (ETH) is down more than 1.7% over the past 24 hours on Thursday, extending its weekly decline by 12% despite positive feedback following Ethereum treasury firm BitMine Immersion Technologies' (BMNR) plan to launch a Series A Perpetual Preferred Stock.
Ethereum
Fxstreet
Thu, Jun 4
Bitcoin’s Great Wealth Transfer May Fuel Next Rally, Says CryptoQuant CEO
CryptoQuant CEO Ki Young Ju says Bitcoin’s current distribution phase may be less a sign of structural weakness than a major transfer of supply from old market participants to US financial institutions, ETFs and new long-term holders. In a series of posts on X, Ki argued that selling by Bitcoin OGs ...
NewsBTC
Thu, Jun 4
SpaceX IPO draws record Wall Street fanfare, but valuation math gives analysts pause
SpaceX is set to launch the largest IPO in U.S. history as early as June 12 at a valuation near $1.75 trillion. With more than 555 million Class A shares set to be listed at $135 each, with the aim of raising roughly $75 billion, there’s not a shortage of opinions on whether investors should...
Cryptopolitan
Thu, Jun 4
Bitcoin Price Forecast: BTC falls below $64K as demand turns negative, short-term holders' selling intensifies
Bitcoin (BTC) has fallen below $64,000 on Thursday amid weakening market demand and mounting selling pressure from short-term holders (STHs).
Bitcoin
Fxstreet
Thu, Jun 4
The Bitcoin Roadmap To $500,000: Analyst Shows How Price Will Get There
An analyst has mapped out a detailed chart analysis showing how Bitcoin (BTC), the world’s largest cryptocurrency could eventually rally to a $500,000 all-time high. The analyst has expressed strong confidence in this ambitious price target, emphasizing that the forecast is not driven by speculation...
Bitcoinist
Thu, Jun 4
If XRP Price Loses This Current Support, This Is How Low It Will Go
XRP has spent the better part of four months carving out a trading range with a series of contested highs and lows that kept both bulls and bears engaged. That appearance of stability is now under serious threat, as the cryptocurrency has returned to the exact support level that anchored its range l...
NewsBTC
Thu, Jun 4
XRP Price Falls To 4-Month Lows—Charts Signal Sell, On-Chain Data Turns Bearish
The XRP price slid on Wednesday to its lowest level in four months, hitting $1.14. The drop has contributed to a broader soft patch across crypto, and both chart analysis and on-chain indicators are now pointing to a more bearish environment for the altcoin. XRP Price Slips Below Key Averages Market...
NewsBTC
Thu, Jun 4
Expected $1 Billion Crypto Windfall Shrinks To Fraction In Israel Disclosure Program
Only 58 people came forward under Israel’s voluntary crypto disclosure program, leaving the tax authority far short of the billions of dollars it had hoped to collect. Officials had expected a surge in corrected filings and fresh tax payments, but the early results point to a much quieter response. ...
Bitcoinist
Thu, Jun 4
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