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2026-06-25 10:05 2mo ago
2026-06-25 10:01 2mo ago
PlanB: Bitcoin is very likely to actually bottom out after falling below $53,000.
BTC Bitcoin
CoinGecko News
Original source text
Institutions: Micron’s long-term agreements reduce industry cyclical volatility.

Quilter Cheviot strategist Ben Barringer said that Micron Technology’s extremely strong earnings show that the traditionally cyclical memory chip market is becoming more reliable. This performance further confirms the fact that demand for memory chips far outstrips supply. More importantly, Micron’s shift toward signing long-term agreements with clients provides the group with more stable profitability and makes it less vulnerable to sharp demand fluctuations. These long-term agreements actually set price ceilings and floors, require clients to commit to taking supply, and smooth out the historically highly cyclical market.

8 minutes ago

Analyst: Micron’s financial report indicates short-term fluctuations can be ignored as long as earnings prospects underpin its high valuation.

Senior Market Analyst Daniela Hathorn stated, "As Micron Technology's earnings report once again confirms that the AI investment cycle remains solid, the U.S. stock market has recouped some of its losses. This has boosted market sentiment across the entire semiconductor sector—after high-growth individual stocks underperformed earlier—indicating that as long as profit prospects continue to support high valuations, investors are still willing to overlook short-term fluctuations."

8 minutes ago

Circle partners with Nomura Securities to enter the Japanese yen foreign exchange settlement service market.

Stablecoin issuer Circle plans to collaborate with Nomura Securities to launch instant foreign currency settlement for Japanese corporate clients as early as 2027. The initiative will enable large cross-border transactions to be completed immediately, aiming to boost cross-border investment and trade. This will mark the first entry of a major stablecoin issuer into Japan’s corporate transaction market, allowing companies to convert yen into US dollar-denominated stablecoins for investment and instant transfers.

8 minutes ago

Institutions' Preview: Overview of US May Core PCE Price Index Monthly Rate

The US May core Personal Consumption Expenditures (PCE) Price Index monthly rate will be released tonight at 20:30 (UTC+8). Below are the forecasts from multiple institutions: Sumitomo Mitsui Banking Corporation: 0.2%; Royal Bank of Canada: 0.2%; JPMorgan Chase: 0.3%; Goldman Sachs Group: 0.3%; Bank of Montreal: 0.3%; Moody's Corporation: 0.3%; Standard Chartered: 0.3%; UniCredit: 0.3%; ING Group: 0.3%; HSBC Holdings: 0.3%; BNP Paribas: 0.4%; Wells Fargo: 0.4%; Capital Economics: 0.4%; Citigroup: 0.4%; Deutsche Bank: 0.4%; Nomura Securities: 0.4%; Pantheon Macroeconomics: 0.4%; Société Générale: 0.4%; Scotiabank: 0.4%; Morgan Stanley: 0.4%

8 minutes ago

DA Davidson Raises Micron’s Price Target to $2,000, Retains Buy Rating

U.S. investment bank DA Davidson released a research note stating that Micron Technology has entered a new phase with one of the best performance visibility in the semiconductor industry, a stark contrast to its past standing in the sector. Driven by another quarter of results that handily exceeded expectations and positive forward guidance, Micron’s stock price surged sharply. These signals indicate that the current memory chip boom cycle is far from over. While the company is ramping up capacity investments (with capital expenditure (CAPEX) projected to hit $10 billion in the fourth quarter of fiscal 2026, which will bring additional supply), management expects the memory market to remain tight on supply and demand at least through 2027. Against this backdrop, DA Davidson reiterated its "Buy" rating on Micron and raised its price target from $1,500 to $2,000, equivalent to a 20x price-to-earnings (P/E) ratio based on the company’s 2026 calendar year expected earnings per share (EPS).

8 minutes ago

Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.

Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.

8 minutes ago
2026-06-25 10:05 2mo ago
2026-06-17 22:13 2mo ago
Canary Capital’s LTCC Litecoin ETF sits at $5.4M in assets as demand gets a reality check
BTC Bitcoin LTC Litecoin
CoinGecko News
Original source text
The crypto industry spent years arguing that spot ETFs would unlock a flood of institutional capital into digital assets. For Bitcoin, that thesis played out beautifully. For Litecoin, the jury is still very much deliberating.

Canary Capital’s LTCC, the first US spot Litecoin ETF, has accumulated roughly $5.43 million in net assets as of mid-June 2026. That’s nearly eight months after it began trading on Nasdaq in late October 2025. To put that number in context, Bitcoin spot ETFs pulled in billions within their first weeks.

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The numbers tell a quiet story LTCC trades an average of 11,000 to 16,000 shares per day. The fund’s share price has oscillated between roughly $10 and $27 since launch, tracking the broader volatility of Litecoin itself. The ETF charges a sponsor fee of 0.95%, which sits on the higher end compared to the fee wars that erupted among Bitcoin ETF issuers.

The fund itself operates as a Delaware statutory trust, holding actual LTC in cold storage rather than using derivatives or futures contracts. It tracks the LTC/USD reference rate, net of expenses.

Why Litecoin’s ETF isn’t Bitcoin’s ETF The LTCC launch did carry one notable regulatory milestone. It received SEC approval to list as a spot product, and Litecoin earned a commodity classification from both the SEC and CFTC. No additional LTC ETF approvals or competing products have emerged since LTCC’s launch.

What this means for altcoin ETF investors Look at the comparison. Bitcoin spot ETFs crossed $10B in assets within weeks of launching. LTCC has $5.43 million after eight months.

The 0.95% sponsor fee also deserves scrutiny. In the Bitcoin ETF space, issuers slashed fees to as low as 0.15% to compete for assets. Canary Capital doesn’t face that competitive pressure with LTCC since no rival Litecoin ETFs exist.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
2026-06-25 10:05 2mo ago
2026-06-23 08:02 2mo ago
21+ Best Bitcoin & Crypto Casinos & Gambling Sites Switzerland: Top Picks Reviewed & Ranked
BTC Bitcoin ETH Ethereum LTC Litecoin
CoinGecko News
Original source text
Gambling Disclaimer:
This article is for informational and educational purposes only. We are an independent affiliate site and may receive commissions from the operators we review. We do not offer real-money gambling ourselves. Only use online casinos and sportsbooks that are licensed and legal in your local jurisdiction. Gambling is intended for adults 18+ (or the legal age in your region). Please gamble responsibly. If you feel you may have a gambling problem, seek help from your local support organization. Read our Gambling content policy here.

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In this guide, we dive deep into the world of Swiss crypto casinos. We have personally tested and reviewed each site on the list, you can read our in depth reviews below.

Table of Contents

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Instant payoutsKey PointsCoinkingsCoinKings100% Unlimited Welcome Bonus + 100 Free SpinsKey PointsCoins.GameCoins.GameWelcome Bonus of 300% Deposit Match Up To $1,500Key PointsBetplayBetplayWelcome Bonus Matches 100% up to 50 mBTCKey PointsWild.ioWild.io400% Welcome Bonus up to $10,000 + 300 Free SpinsKey PointsJackBitJack.com100% Welcome Bonus + 100 Free SpinsKey Points7Bit Casino7Bit CasinoBonuses Up to 5 BTC Plus 300 Free SpinsKey PointsyBetsYbetsWelcome bonus of 500% on the First 4 DepositsKey PointsImmerionImmerion500% Welcome Bonus & 400 Free SpinsKey PointsKatsubetKatsubetWelcome Bonus of 100% Deposit Match + 100 Free SpinsKey Points1xBit1xBit100% Match On First 4 Deposits Up to 7 BTC TotalKey PointsMirax CasinoMirax CasinoWelcome Bonus Totalling up to5 BTC and 300 Free Spins.Key PointsBC.GameBC.Game470% Welcome Bonus & 400 Free SpinsKeypointsGamdomGamdom100% First Deposit Match up to $500 + 15% RakebackKey PointsGuide to Crypto Gambling in SwitzerlandWhat is Cryptocurrency?The Rise of Crypto GamblingCrypto Gambling Laws in SwitzerlandSwiss Laws on CryptocurrencyRegulations on Online GamblingAdvantages of Crypto Casinos in SwitzerlandAnonymity and PrivacySpeed and EfficiencyHow We Chose The Casinos on This ListConclusionFAQsAre crypto casinos legal in Switzerland?What cryptocurrencies can I use?Are crypto gambling sites secure?What games can I play with crypto?Do Swiss crypto casinos offer bonuses?Can I get payouts in Swiss francs?What should I look out for in a crypto casino? 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Coinkings CoinKings 100% Unlimited Welcome Bonus + 100 Free SpinsRead Our Full Review Here

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Betplay Betplay Welcome Bonus Matches 100% up to 50 mBTCRead Our Full Review Here

With thousands of high-quality games, lucrative crypto bonuses, sleek mobile compatibility, and excellent customer support, emerging online casino Betplay delivers a polished, feature-rich experience catering to modern player preferences across devices.

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Wild.io Wild.io 400% Welcome Bonus up to $10,000 + 300 Free SpinsRead Our Full Review Here

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JackBit Jack.com 100% Welcome Bonus + 100 Free SpinsRead Our Full Review Here

A crypto gaming hub packing thousands of slots, live dealers, niche sports, and instant withdrawals alongside player anonymity, JackBit Casino delivers versatile entertainment and innovations.

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Homepage Players can easily deposit leading cryptocurrencies to access competitive odds and niche brackets across mainstream professional leagues and esports. And with the ability to withdraw winnings in under 10 minutes,

Key Points Launched in 2022, licensed in Curacao, over 6,600 games and 40+ sports Massive variety including slots, table games, live dealers, virtual sports Generous sports promotions like betting insurance and free plays Accepts 13 major cryptocurrencies with instant, anonymous payouts Overall robust, innovative crypto casino and sportsbook suitable for all With its vast selection of thousands of games across every major gambling vertical paired with extensive sports betting markets, JackBit has firmly established itself as a premier one-stop entertainment hub since entering the scene in 2022.

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7Bit Casino 7Bit Casino Bonuses Up to 5 BTC Plus 300 Free SpinsRead Our Full Review Here

7Bit Casino is a long-running, licensed online crypto casino with a huge games library, generous bonuses, and fast payouts across multiple traditional and digital currencies.

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7Bit Casino has upheld the pillars of strong support, banking diversity and provably fair entertainment that made crypto casinos so revolutionary over the past decade for gamblers who value anonymity and instant transactions.

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yBets Ybets Welcome bonus of 500% on the First 4 DepositsRead Our Full Review Here

Ybets Casino offers a modern, crypto-focused gambling experience with a vast game library, attractive bonuses, and comprehensive sports betting options, making it a promising choice for players seeking a diverse and innovative online casino platform despite its relatively recent launch in 2023.

Wide game selection: Over 6,000 games from 70+ providersGenerous welcome bonus: Up to 150% match on first depositDaily cashback: 20% cashback on net lossesMobile-friendly responsive website24/7 customer support via live chat and email Ybets Casino is a modern online gambling platform that has quickly made a name for itself since its launch in 2023. Catering to the growing demand for cryptocurrency-friendly gaming options, Ybets offers a diverse and extensive selection of over 6,000 casino games from more than 70 software providers.

Ybets Homepage With a user-friendly interface designed for both desktop and mobile play, Ybets provides a seamless gaming experience across devices.

The casino attracts players with generous bonuses, including a substantial welcome package, and maintains their interest with regular promotions and daily cashback offers.

Key Points Modern crypto-focused online gambling platform launched in 2023 Wide range of options including slots, table games, live dealer experiences, and sports betting Attractive welcome bonus offering up to 150% match, maximum $5,000 User-friendly interface with intuitive design for both desktop and mobile devices Comprehensive sports betting section with competitive odds and live betting options Fast cryptocurrency transactions for both deposits and withdrawals Ybets Casino stands out as a promising newcomer in the online gambling world, offering a fresh and innovative approach to digital gaming.

With its vast selection of games, user-friendly interface, and focus on cryptocurrency transactions, it caters well to modern players seeking variety and convenience.

The platform's commitment to security, fair play, and responsible gambling, coupled with its attractive bonuses and responsive customer support, makes it an appealing choice for both casual players and seasoned gamblers.

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Immerion Immerion 500% Welcome Bonus & 400 Free SpinsRead Our Full Review Here

Immerion Casino is a premier online gambling destination that offers an exceptional user experience, a vast game library from elite providers, innovative promotions like 20% daily cashback, and fully optimized cryptocurrency banking, all powered by a clean design and backed by legitimate licensing from Seychelles authorities.

Massive game library Generous promotions like 20% daily cashback Lucrative 4-part welcome package worth up to $8,000Cryptocurrency focus allows fast, secure and anonymous banking Immerion Casino is an exciting new online gambling destination that offers an exceptional user experience. From the moment you arrive, you're greeted by a sleek, modern design and a massive library of over 6,000 high-quality games from elite providers like Pragmatic Play, Evolution Gaming, and Yggdrasil.

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Immerion Homepage What sets Immerion apart is its focus on convenient cryptocurrency banking for lightning-fast, secure deposits and withdrawals without sharing sensitive personal information. The platform is fully optimized for seamless mobile play as well. With legitimate licensing and top-notch security, Immerion delivers a premium online gambling experience in a user-friendly package.

Key Points Vast game selection of over 6,000 titles from top providers like Pragmatic Play, Evolution Gaming, and Yggdrasil, covering slots, table games, live dealer games, and a sportsbook. Generous promotions, including a 4-part welcome bonus worth up to $4,000, 20% daily cashback on losses, and the "Engine of Fortune" promotion with a chance to win prizes like 5 BTC. User-friendly interface with advanced filtering options, making navigation and gameplay smooth across desktop and mobile devices. 24/7 multilingual customer support available through live chat, email, and telephone. Licensed and regulated by the Seychelles Financial Services Authority, ensuring legitimate and fair operations. Frequent tournaments with prize pools, adding an element of competition and chances for big wins. Immerion Casino emerges as a top-tier online gambling destination that seamlessly blends an exceptional game library, innovative promotions, and a truly user-friendly experience. With over 6,000 titles spanning slots, table games, live dealer action and more from elite providers, players have an unparalleled selection at their fingertips.

Generous welcome offers and unique promotions like 20% daily cashback and the thrilling "Engine of Fortune" keep the excitement and value levels high. Immerion's crypto-focus facilitates secure, anonymous banking with lightning-fast payouts, while its sleek design and intuitive navigation make for seamless gameplay across desktop and mobile.

Backed by legitimate licensing and prioritizing player security, Immerion has quickly established itself as a safe, rewarding, and entertaining option that exceeds expectations for the discerning online casino patron.

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Katsubet Katsubet Welcome Bonus of 100% Deposit Match + 100 Free SpinsRead Our Full Review Here

KatsuBet is a modern, licensed online crypto casino with Japanese-inspired aesthetics, over 5000 games, and fast payouts across cryptos like Bitcoin and fiat currencies.

Huge selection of over 5000 games from top providersInstant withdrawals for cryptocurrenciesRegular promotions like free spins and reload bonuses8-tier VIP program with escalating rewards Bringing Japanese inspiration to the world of crypto gambling, KatsuBet has provided an artsy yet contemporary online casino destination since 2020. With licenses cementing legitimacy and leaders like Dama N.V. steering operations, the site offers an abundant game selection numbering over 5,000 titles.

Homepage Lucrative deposit matches, free spin bundles and cashback perks incentivize gameplay while swift verifications and cryptography uphold convenience for international users.

Key Points Over 5,000 games from leading studios like Evolution Gaming Lucrative welcome bonus up to €500 plus 100 free spins Cryptocurrency supported for fast, anonymous banking 8-tier VIP program with escalating rewards Generous promotions like weekly cashback and free spins Instant payouts for cryptos like Bitcoin and Ethereum Fully optimized for seamless mobile play across devices In an increasingly crowded online gambling landscape, KatsuBet has carved out a distinctive niche since its 2020 founding by merging vibrant Japanese visuals with varied gaming.

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For an innovative crypto casino blending culture and convenience, KatsuBet is worth a spin. As additions around live dealers and payment channels continue, this aesthetic-rich gaming portal shows future promise.

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1xBit 1xBit 100% Match On First 4 Deposits Up to 7 BTC TotalRead Our Full Review Here

With its immense variety of crypto gambling options across slots, table games, live dealer, and sports betting, generous bonuses, and easy-to-use desktop and mobile platforms, 1xBit provides an exceptional modern online casino experience tailored specifically for cryptocurrency enthusiasts.

Huge Selection of GamesWide Cryptocurrency SupportGood Mobile Apps24/7 Live Chat Support Established in 2016, 1xBit has rapidly emerged as a leading cryptocurrency online casino catering specifically to crypto enthusiasts. With extensive expertise in blockchain gambling, 1xBit offers players access to an immense catalog spanning thousands of slots, popular table and card titles, a live dealer casino, sports betting, and even unique offerings like binary options trading.

1xBit 1xBit also distinguishes itself through its banking support for a staggering 69 different cryptocurrencies to enable fast, anonymous crypto gambling in a licensed environment regulated under the Curacao egaming license.

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For crypto gamblers seeking the utmost quality across online casino gaming, live dealers, sports betting, and specialty offerings, paired with industry-leading cryptocurrency support, 1xBit emerges as the premier one-stop gambling site tailored for the modern crypto betting enthusiast.

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Mirax Casino Mirax Casino Welcome Bonus Totalling up to5 BTC and 300 Free Spins.Read Our Full Review Here

Mirax is a contemporary licensed crypto casino with a space-age theme, 7000+ games, and instant payouts across digital coins and fiat currencies.

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Homepage Players can explore endless slots, classic table games, live dealers and more while taking advantage of generous sign-up bonuses, ongoing promos, instant crypto payouts and around-the-clock customer support.

Key Points Extensive games library with over 7,000 slots, table games, live casino titles Powered by leading providers like Evolution Gaming and BetSoft for high-quality gameplay Lucrative sign-up bonus up to 5 BTC plus 300 free spins Generous ongoing promotions like cashback, tournaments, and holiday specials Instant withdrawals for cryptocurrencies like BTC and ETH Multi-tier VIP program provides escalating rewards for loyal players Overall, Mirax Casino provides a compelling and entertaining online gambling destination for both crypto and fiat players. With its cosmic aesthetics, massive 7,000+ games library, lucrative bonuses up to 5 BTC, and innovative space theme, Mirax brings an intergalactic twist to the world of internet gambling.

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BC.Game BC.Game 470% Welcome Bonus & 400 Free SpinsRead Our Full Review Here

BC.Game is a popular crypto-focused online casino launched in 2017 that offers over 8,000 games, generous bonuses up to 300%, and supports 18+ major cryptocurrencies and various payment methods across its sports betting, slots, table games, and live casino.

8,000+ games including slots, casino, sports betting, crypto betting470% Welcome Bonus & 400 Free SpinsSupports 18+ major cryptocurrencies for deposits and withdrawalsSmooth and user-friendly interface BC.Game is a feature-rich crypto gambling platform launched in 2017 that has quickly become a top choice for enthusiasts seeking an exciting and generous online casino.

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Gamdom Gamdom 100% First Deposit Match up to $500 + 15% RakebackRead Our Full Review Here

Gamdom is a legit licensed crypto casino with over 2,500 games, extensive sports and esports betting, a 15% rakeback welcome bonus, fast payouts and unique social gaming features tailored for video game players.

Licensed and regulated site operating since 2016Unique social gaming features and community chatOngoing promotions and transparent loyalty programSupports crypto and fiat currencies for banking Bringing innovation to the popular pastime of online wagering, Gamdom has offered premium entertainment since 2016. While slots and tables make up the most popular offerings, other options like Crash and Dice add diversity blending luck and strategy with integrated skin marketplace for players.

Desktop Site Lucrative matched signups continue through ongoing cashback incentives, surprise bonus drops and referral bonuses across desktop and mobile. While constraints exist around telephone support availability presently, Gamdom focuses on usability, security and entertainment for those looking to showcase inventory in legal environments.

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Their Curacao license cements compliance while an expansive catalog delivers endless fun spanning slots, classic tables and interactive live streams. Lucrative sign-up bonuses continue through ongoing reload matches, free spin awards and contest entries.

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Guide to Crypto Gambling in Switzerland Before we delve into the world of crypto casinos in Switzerland, let’s take a moment to understand what cryptocurrency is all about.

In a nutshell, cryptocurrency is a digital or virtual form of currency that uses cryptography for secure financial transactions. Unlike traditional currencies, such as the Swiss franc, cryptocurrencies operate independently of a central bank and are decentralized.

What is Cryptocurrency? Cryptocurrency, also known as digital currency or virtual currency, is a type of decentralized digital or virtual asset. It uses cryptography for secure financial transactions, control the creation of additional units, and verify the transfer of assets.

The concept of cryptocurrency can be traced back to the late 20th century when computer scientists and cryptographers began exploring the idea of creating a digital currency that could be used for secure online transactions.

However, it wasn’t until the introduction of Bitcoin in 2009 by an anonymous person or group known as Satoshi Nakamoto that cryptocurrency gained mainstream attention.

Bitcoin, the first and most well-known cryptocurrency, paved the way for the development of numerous other cryptocurrencies, such as Ethereum, Litecoin, and Ripple.

Each cryptocurrency operates on a technology called blockchain, which is a decentralized ledger that records all transactions made with the currency.

Coins game Homepage The Rise of Crypto Gambling Online gambling has experienced tremendous growth in recent years, fueled by advancements in technology and the increasing availability of high-speed internet connections. The convenience and excitement of being able to enjoy your favorite casino games from the comfort of your own home have made online gambling a popular choice for many.

The history of online gambling can be traced back to the mid-1990s when the first online casinos were launched. These early platforms offered a limited selection of games and had basic graphics and functionality. However, as technology improved, online casinos became more sophisticated, offering a wide range of games, immersive graphics, and secure payment options.

Another factor that contributed to the rise of online gambling is the development of mobile technology. With the advent of smartphones and tablets, players can now access their favorite casino games anytime, anywhere. Mobile gambling apps have made it even more convenient for players to enjoy a quick game of blackjack or spin the reels of a slot machine while on the go.

Betplay is one of our top sites for Swiss players Crypto Gambling Laws in Switzerland Switzerland is known for its progressive stance towards cryptocurrency and has become a haven for crypto enthusiasts. The country has established a clear legal framework to regulate the use of cryptocurrency, as well as the online gambling industry.

Swiss Laws on Cryptocurrency In recent years, Switzerland has emerged as a global leader in cryptocurrency regulation. The Swiss government has implemented laws that aim to foster innovation and create a favorable environment for cryptocurrency businesses. This has attracted many crypto startups and companies to set up shop in the country.

One of the key aspects of Swiss cryptocurrency laws is the recognition of cryptocurrencies as a legal form of payment. This means that individuals and businesses can freely use cryptocurrencies for various transactions, including online gambling. Switzerland has implemented strict anti-money laundering (AML) regulations to combat illicit activities in the cryptocurrency space. These regulations require cryptocurrency businesses to conduct thorough customer due diligence and report any suspicious transactions to the authorities. The Swiss Financial Market Supervisory Authority (FINMA) plays a crucial role in overseeing the cryptocurrency industry. FINMA has established guidelines for initial coin offerings (ICOs) and has the authority to enforce compliance with these guidelines. Regulations on Online Gambling When it comes to online gambling, Switzerland has also taken a proactive approach to regulation. The Swiss Federal Gaming Board is responsible for overseeing and regulating the online gambling industry in the country. This ensures that players are protected and that the industry operates in a fair and transparent manner.

Under Swiss law, online gambling operators are required to obtain a license from the Swiss Federal Gaming Board in order to offer their services to Swiss residents. This licensing process involves rigorous checks to ensure that operators meet strict standards of player protection, responsible gambling practices, and financial stability. The Swiss government has implemented measures to prevent unauthorized online gambling operators from targeting Swiss players. Internet service providers (ISPs) are required to block access to unlicensed gambling websites, further safeguarding Swiss players from potential risks. It is worth noting that the Swiss legal framework for online gambling also extends to cryptocurrency gambling.

Crypto casinos operating in Switzerland are subject to the same regulations as traditional online casinos, ensuring a level playing field for all operators.

Wild has some great signup bonuses for Swiss players Advantages of Crypto Casinos in Switzerland Crypto casinos offer a range of advantages over traditional online casinos. Let’s take a closer look at some of the key benefits that crypto casinos bring to the table.

Anonymity and Privacy One of the main advantages of crypto casinos is the enhanced privacy and anonymity they offer to players. Cryptocurrency transactions are highly secure and do not require players to disclose personal information. This makes crypto casinos an attractive option for those who value privacy and wish to keep their gambling activities discreet.

When you play at a crypto casino in Switzerland, you can rest assured that your personal information will remain confidential. With traditional online casinos, you often have to provide sensitive information such as your name, address, and credit card details. This can leave you vulnerable to identity theft or data breaches. However, with crypto casinos, all you need is a cryptocurrency wallet address to make transactions. Your identity remains protected, giving you peace of mind while you enjoy your favorite casino games. The use of blockchain technology in crypto casinos adds an extra layer of security. Each transaction is recorded on a public ledger, making it virtually impossible for anyone to tamper with the data. This transparency ensures fair play and builds trust between players and the casino.

LuckyBlock is another great option for players from Switzerland Speed and Efficiency Crypto transactions are lightning-fast compared to traditional banking methods.

Deposits and withdrawals can be processed almost instantly, allowing players to enjoy their winnings or top up their accounts in no time. This level of speed and efficiency is unparalleled in the world of online gambling.

When you play at a crypto casino in Switzerland, you don’t have to wait for hours or even days for your transactions to be processed.

With just a few clicks, your funds are transferred securely and swiftly. This means you can start playing your favorite casino games without any delay.

The decentralized nature of cryptocurrencies eliminates the need for intermediaries such as banks or payment processors.

This not only speeds up the transaction process but also reduces the fees associated with traditional banking methods.

With crypto casinos, you can enjoy seamless and cost-effective transactions, maximizing your gaming experience.

How We Chose The Casinos on This List Choosing the best crypto casinos in Canada involved a comprehensive evaluation process.

We considered various factors, including:

Reputation and trustworthiness of the casino, Range of crypto gambling options available, Quality and security of the gaming platform, Customer support, Overall user experience. Variety of cryptocurrencies accepted, Availability of bonuses and promotions, Ease of deposits and withdrawals, Fairness and transparency of the gaming outcomes. By taking all these factors into consideration, we were able to select the best crypto casinos in Switzerland that provide a safe and enjoyable gambling experience for players.

Conclusion Switzerland has developed into one of the most forward-thinking bitcoin and cryptocurrency markets globally. Swiss players are increasingly turning to crypto casinos to enjoy fast, anonymous gaming and tap into unique bonuses and rewards.

The casinos that accept players from Switzerland we have chosen have the following:

Offering massive libraries with thousands of popular casino games. Their modern user interfaces have been optimized for cryptocurrency users, allowing easy deposits, withdrawals and account management in both fiat and digital currencies. These sites provide excellent customer support as well and make player experience a top priority. These premier crypto casinos hold valid gaming licenses that enable them to legally offer online gambling services in Switzerland. They have earned strong reputations thanks to their fair games, secure payment infrastructure, and responsible operator conduct. As cryptocurrency adoption continues rising rapidly across Switzerland, the future looks very promising for Swiss crypto casinos.

More gambling platforms can be expected to integrate cryptocurrency support and tailor their products and bonuses to Swiss crypto & blockchain enthusiasts in the coming years.

But the top-ranked sites already operational today deliver fantastic crypto gambling experiences to Swiss players.

FAQs Are crypto casinos legal in Switzerland? Yes. Licensed offshore online crypto casinos are allowed to legally offer their services to players in Switzerland. Swiss players can safely and legally gamble at international crypto casinos.

What cryptocurrencies can I use? The top-ranked Swiss crypto casinos accept most major cryptos like Bitcoin, Ethereum, Litecoin, Tether, and Bitcoin Cash. Deposit, play games, and withdraw directly in crypto.

Are crypto gambling sites secure? Reputable crypto casinos invest heavily in security to protect player funds and data. They use blockchain transactions, SSL encryption, and other measures to ensure a safe experience. Check casino licenses and read reviews before signing up.

What games can I play with crypto? Crypto casinos offer huge libraries covering all popular games like online slots, poker, blackjack, roulette, baccarat, live dealer tables, and more which can be played directly with supported cryptocurrencies.

Do Swiss crypto casinos offer bonuses? Yes! Leading sites provide new playersReload bonuses, cashback rewards, free spins, and other ongoing crypto gambling promotions specifically for Swiss players.

Can I get payouts in Swiss francs? The top Swiss crypto casinos allow you to deposit in crypto but withdraw earnings in either cryptocurrencies or traditional currencies like Swiss francs. This provides flexibility.

What should I look out for in a crypto casino? Check for a valid gaming license, positive player reviews, extensive game selection, good crypto support and banking options tailored to Swiss players, attractive bonuses, and solid security/encryption to keep your crypto wallet and data safe.
2026-06-25 10:05 2mo ago
2026-06-23 08:04 2mo ago
20+ Best Bitcoin & Crypto Casinos & Gambling Sites UK: Our Top Picks & Reviews
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Original source text
Gambling Disclaimer:
This article is for informational and educational purposes only. We are an independent affiliate site and may receive commissions from the operators we review. We do not offer real-money gambling ourselves. Only use online casinos and sportsbooks that are licensed and legal in your local jurisdiction. Gambling is intended for adults 18+ (or the legal age in your region). Please gamble responsibly. If you feel you may have a gambling problem, seek help from your local support organization. Read our Gambling content policy here.

In this guide, we dive deep into the UK’s expanding crypto casino landscape. We’ll highlight the key benefits for Brits gambling with digital coins versus traditional cash.

Whether you want to play slots, roulette, blackjack or baccarat with Bitcoin, Ethereum, Litecoin or other major cryptos, we’ll cover the best UK-friendly crypto casinos.

We have personally tested and reviewed each site on the list, you can read our in depth reviews below.

Let’s dive in…

Table of Contents

Top Bitcoin & Crypto Casinos UKCrypto Casinos UK ReviewZunaBetZunabetWelcome Bonus of 250% up to $5000 + 75 Free SpinsKey FeaturesLucky Block CasinoLucky Block CasinoWelcome Bonus of 200% match on first deposits up to €25,000Key PointsMetawinMetaWin30% Extra Free on Every Deposit! Highest RTP. Instant payoutsKey PointsBetpandaKey PointsBetplayBetplayWelcome Bonus Matches 100% up to 50 mBTCKey PointsJackBitJack.com100% Welcome Bonus + 100 Free SpinsKey PointsMegaDiceMega Dice200% match up to 1 BTC + 50 free spinsKey PointsCoins.GameCoins.GameWelcome Bonus of 300% Deposit Match Up To $1,500Key PointsWild CasinoWild.io400% Welcome Bonus up to $10,000 + 300 Free SpinsKey PointsCoinkingsCoinKings100% Unlimited Welcome Bonus + 100 Free SpinsKey PointsEmpire CasinoEmpire.io250% Match Bonus & 100 Free SpinsKey PointsyBetsYbetsWelcome bonus of 500% on the First 4 DepositsKey PointsImmerionImmerion500% Welcome Bonus & 400 Free SpinsKey PointsVaveVave100% match on your first deposit up to 1 BTCKey PointsBC.GameBC.Game470% Welcome Bonus & 400 Free SpinsKeypointsMystake casinoMystake casinoWelcome Bonus of 150% up to €200 or 100% up to €1000Key PointsMetaspinsMetaspinsWelcome Bonus of 100% Deposit Match Up To 1 BTCKey PointsVaveVave100% match on your first deposit up to 1 BTCKey PointsFlushFlushWelcome Bonus of 150% Match UpKey PointsHerakeHerake100% Match Bonus up to €900Key PointsCloudbetCloudbetWelcome Bonus up to 5 BTC + Free SpinsKey PointsGuide to Crypto Gambling in The UKUnderstanding Cryptocurrency and Online GamblingWhat is Cryptocurrency?The Evolution of Online GamblingCrypto Gambling in the UK LawsCurrent Laws and RegulationsThe Role of the UK Gambling CommissionAdvantages of Crypto CasinosAnonymity and PrivacySpeed of TransactionsBonuses and PromotionsRisks and Challenges of Crypto GamblingHow We Chose The Casinos on This ListConclusionFAQsAre crypto casinos legal for UK players?What are the main benefits of crypto casinos?What cryptocurrencies do top UK crypto casinos support?Can Brits withdraw winnings in British pounds?Do these casinos offer live dealer table games?Are my funds secure gambling with crypto?Do they provide sports betting options? Massive game library with 11,294 titles from 63 providersAccepts 20 different cryptocurrencies with multiple network optionsGenerous welcome bonus package worth up to $5,000 plus 75 free spinsUnique dragon-themed loyalty program with rakeback up to 20%Comprehensive sports betting covering traditional sports and esports Fast crypto withdrawals processed within 24 hoursLow minimum deposit of $1Provably fair games with verifiable outcomesUser-friendly interface with intuitive navigation Massive selection of gamesQuality live dealer offeringCrypto and fiat payment optionsVaried welcome offers and bonuses Up to 70% Rakeback + 10% CashbackUnlimited deposits and withdrawalsExclusive Thrill Original games1500+ Casino Games from the Top Providers Truly anonymous and private gambling - no personal details or accounts requiredInnovative blockchain competitions with big ETH prize pools and NFT rewardsInstant, fee-free deposits and withdrawals directly to/from your crypto walletInstant Web3 withdrawals up to 100K USDSimple, user-friendly platform design with great mobile compatibility No KYC & VPN Friendly anonymous casinoZero fees, instant deposits & withdrawals5,000+ casino games & sports betting without limits10% Weekly CashbackGenerous welcome bonus up to 1 BTC 8,000+ games including slots, casino, sports betting, crypto betting470% Welcome Bonus & 400 Free SpinsSupports 18+ major cryptocurrencies for deposits and withdrawalsSmooth and user-friendly interface Huge selection of over 2,700 games from top providersLucrative 200% deposit bonus up to €25,000Wide variety of cryptos supportedInstant withdrawalsCutting-edge Telegram & WalletConnect integration Truly anonymous and private gambling - 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ZunaBet is a crypto casino offering over 11,000 games from 63 providers, extensive sports betting options across traditional and eSports, and a generous welcome package of 250% up to $5000 with 75 free spins

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MetaWin is a crypto casino that delivers anonymous & provably fair gambling by allowing users to connect a Ethereum wallet to access slots, table games, live dealers & more.

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Vave Casino is a feature-rich crypto gaming hub with thousands of outstanding slots, tables, live dealer, and sports betting options powered by top studios and catering to all play styles through generous welcome bonuses and recurring promotions.

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Flush Casino is a top-tier crypto-only online casino featuring over 5,500 games, lucrative welcome bonuses up to $1,000, and instant payouts across 9 popular cryptocurrencies.

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Herake Casino is an online gaming hub boasting over 7,000 games, dedicated sportsbook and esports platforms, featuring generous bonuses up to €900, crypto payments and a rewarding loyalty program.

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As one of the earliest and most comprehensive crypto-based online gambling destinations since 2013, Cloudbet offers an enormous sportsbook, 2,000+ casino games, lucrative bonuses, and dedicated customer support to form a one-stop entertainment hub for blockchain bettors and gamers alike.

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Key Points Founded in 2013, licensed in Curacao, over 2,000 casino games and 35+ sports Accepts major cryptocurrencies like BTC, ETH, stablecoins with fast withdrawals Generous welcome bonuses up to 5 BTC plus free spins and cashback rewards Intuitive, modern website and app design optimized for desktop and mobile Diverse specialty games like virtual sports, mines, plinko for casual play Overall robust, longstanding crypto casino & sportsbook suitable for all players As one of the earliest and most comprehensive crypto-based online gambling sites since 2013, Cloudbet has withstood the test of time in a volatile industry fraught with scams and fly-by-night operations. Its vast selection of sports leagues, casino games, and specialty offerings powered by leading studios provides endless entertainment.

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Guide to Crypto Gambling in The UK In this complete guide, we will explore the advantages, risks, and legal landscape of crypto gambling in the UK, as well as provide tips on choosing the best crypto casinos.

Understanding Cryptocurrency and Online Gambling Before delving into the world of crypto casinos, it is crucial to understand what cryptocurrency is. Essentially, cryptocurrency is a digital or virtual form of currency that uses cryptography for secure transactions and control the creation of new units. Bitcoin, Ethereum, and Litecoin are some popular cryptocurrencies used in online gambling.

What is Cryptocurrency? Cryptocurrency is a decentralized form of currency, meaning it is not regulated by any central authority such as a government or financial institution. Instead, transactions are recorded on a public ledger known as the blockchain, providing transparency and security.

The Evolution of Online Gambling Over the years, online gambling has witnessed significant growth due to advancements in technology. The advent of cryptocurrency has further revolutionized the industry, offering players enhanced security, faster transactions, and greater privacy.

Let’s take a closer look at how cryptocurrency has transformed the online gambling landscape.

One of the key advantages of using cryptocurrency in online gambling is the increased security it provides. Traditional payment methods often require players to share sensitive personal and financial information, which can be vulnerable to hacking or identity theft. With cryptocurrency, however, transactions are encrypted and verified through complex mathematical algorithms, making it nearly impossible for hackers to gain access to user data. Cryptocurrency also offers faster transactions compared to traditional banking methods. When using traditional payment methods, players often have to wait for several days for their deposits or withdrawals to be processed. With cryptocurrency, transactions are processed almost instantly, allowing players to enjoy a seamless and efficient gambling experience. Cryptocurrency provides greater privacy for online gamblers. Traditional payment methods leave a digital trail that can be traced back to the user, potentially compromising their privacy. Cryptocurrency, on the other hand, allows users to remain anonymous, as transactions are recorded on the blockchain without revealing personal information. As the popularity of cryptocurrency continues to grow, more and more online casinos are embracing this digital currency as a payment option. This not only expands the choices available to players but also opens up new opportunities for innovation within the online gambling industry.

Coins.Game is one of our top casinos Crypto Gambling in the UK Laws While the popularity of crypto gambling continues to rise, it is essential to navigate the legal landscape to ensure a safe and enjoyable experience.

When it comes to online gambling activities in the UK, the regulatory authority that oversees the industry is the UK Gambling Commission (UKGC). This commission is responsible for ensuring that gambling activities are conducted in a fair and transparent manner, protecting the interests of both players and operators. However, the specific regulations surrounding the use of cryptocurrency for gambling purposes are still evolving.

Current Laws and Regulations The UKGC has recognized the growing influence of cryptocurrencies in the gambling industry and has taken steps to address the unique challenges they present. While there are currently no specific laws or regulations that solely focus on crypto gambling, the existing framework for online gambling applies to these activities as well.

Under the current laws, online gambling operators must obtain a license from the UKGC to legally offer their services to UK residents. This license ensures that operators meet certain standards, including player protection measures, fair game outcomes, and responsible gambling practices.

The UKGC also requires operators to have robust anti-money laundering and customer verification procedures in place.

LuckyBlock has some great bonuses for new players The Role of the UK Gambling Commission The UK Gambling Commission plays a crucial role in overseeing online gambling activities, including those involving cryptocurrencies. They strive to ensure fair and responsible gambling practices while protecting players from potential risks.

One of the key responsibilities of the UKGC is to monitor and enforce compliance with the regulations set forth for the gambling industry. This includes conducting regular audits and inspections of licensed operators to ensure they adhere to the required standards. The commission also has the power to impose fines and revoke licenses for operators found to be in violation of the regulations.

The UKGC works closely with other regulatory bodies, such as the Financial Conduct Authority (FCA), to address any potential issues related to the use of cryptocurrencies in gambling. This collaboration helps to ensure that the legal framework remains up-to-date and effective in protecting players.

While the legal landscape of crypto gambling in the UK is still evolving, the UK Gambling Commission is actively working to create a safe and regulated environment for players. By staying informed about the current laws and regulations, players can enjoy their crypto gambling experience with confidence.

Advantages of Crypto Casinos Crypto casinos offer several advantages over traditional online casinos, making them an appealing choice for UK players.

Anonymity and Privacy One of the significant benefits of crypto casinos is the enhanced privacy they provide. With cryptocurrencies, players can enjoy gambling without revealing their identities, ensuring a level of anonymity.

Imagine being able to place bets and play your favorite casino games without worrying about your personal information being exposed. Crypto casinos make this possible by utilizing blockchain technology, which allows for secure and anonymous transactions. Your financial details and personal data remain protected, giving you peace of mind while you enjoy your gambling experience.

7Bit Casino is very highly regarded with lots of top games Speed of Transactions Traditional online casinos often have lengthy withdrawal processes. However, with crypto casinos, transactions are typically faster, allowing players to receive their winnings more quickly.

When you win at a traditional online casino, you may have to wait for days or even weeks to receive your funds. This can be frustrating, especially when you’re eager to enjoy your winnings.

Crypto casinos, on the other hand, offer near-instantaneous transactions. With just a few clicks, you can withdraw your funds and have them in your crypto wallet within minutes. This means you can start using your winnings right away, whether it’s for more gambling or other purchases.

Bonuses and Promotions Crypto casinos often offer attractive bonuses and promotions to entice players. These can include welcome bonuses, deposit matches, and free spins, enhancing the overall gambling experience.

At a crypto casino, you can expect to be greeted with generous bonuses and exciting promotions. Whether you’re a new player or a loyal customer, these rewards can significantly enhance your gambling experience.

From welcome bonuses that give you extra funds to play with, to deposit matches that increase your bankroll, crypto casinos know how to keep their players happy.

Additionally, free spins on popular slot games are often part of the package, giving you more chances to win big.

Many crypto casinos have loyalty programs that reward players for their continued patronage. These programs often offer exclusive perks such as cashback, VIP treatment, and access to special events. So not only do you get to enjoy the thrill of gambling, but you also get to reap the benefits of being a valued player.

Betplay is a great casino & a top choice Risks and Challenges of Crypto Gambling While there are numerous advantages to crypto gambling, it is important to be aware of the potential risks and challenges associated with this form of gambling.

One of the main risks of crypto gambling is the volatility of cryptocurrencies. Cryptocurrencies, such as Bitcoin, are known for their unpredictable nature.

The value of these digital currencies can fluctuate greatly, potentially affecting the amount of winnings or losses in online gambling. Imagine placing a bet with Bitcoin when its value is high, only to see it plummet shortly after. This volatility adds an extra layer of uncertainty to the already risky world of gambling.

Another challenge that crypto gamblers face is security concerns. While blockchain technology offers enhanced security, there have been instances of hacking and security breaches in the crypto world. It is crucial to choose reputable crypto casinos to minimize the risk of such incidents.

CloudBet is a Top Rated Crypto Casino & Sportsbook Ensuring that the platform you are using has robust security measures in place is essential to protect your funds and personal information.

In addition to volatility and security concerns, there are also regulatory uncertainties surrounding crypto gambling. Due to the relatively new nature of cryptocurrencies, governments and regulatory bodies are still figuring out how to approach this emerging industry.

This lack of clear regulations can create a sense of uncertainty for both players and operators. It is important to stay updated on any changes or developments in this area to ensure compliance and avoid any potential legal issues.

Despite these risks and challenges, many individuals are still drawn to the world of crypto gambling. The potential for anonymity, fast transactions, and the excitement of using cutting-edge technology are all factors that attract people to this form of gambling.

How We Chose The Casinos on This List Choosing the best crypto casinos in Canada involved a comprehensive evaluation process.

We considered various factors, including:

Reputation and trustworthiness of the casino, Range of crypto gambling options available, Quality and security of the gaming platform, Customer support, Overall user experience. Variety of cryptocurrencies accepted, Availability of bonuses and promotions, Ease of deposits and withdrawals, Fairness and transparency of the gaming outcomes. By taking all these factors into consideration, we were able to select the best crypto casinos for the UK that provide a safe and enjoyable gambling experience for players.

Conclusion As cryptocurrency adoption accelerates across British society, more UK players are discovering the benefits of gambling with digital coins at specialized Bitcoin and crypto online casinos.

These innovative sites allow Brits to enjoy classic casino gaming while depositing, wagering, and cashing out securely in leading cryptocurrencies.

The top UK-facing crypto casinos are fully licensed and regulated, providing British players completely legal access to next-generation online gambling products and services.

They offer massive libraries with thousands of popular slots, table games, and live dealer titles seamlessly playable with major cryptos. These casinos enable lightning-fast crypto deposits and cashouts directly to British players’ wallets.

Top-tier UK crypto casinos also provide lucrative signup bonuses, free spins, cash rebates and other promotions to reward British players for gambling with Bitcoin or major altcoins.

We have done the research and testing so you can feel safe wagering at any of the casinos from our list.

Good luck!

FAQs Are crypto casinos legal for UK players? Yes. Licensed offshore online crypto casinos can legally offer online gambling services to Brits over 18 years old. Gambling with BTC or altcoins is allowed.

What are the main benefits of crypto casinos? Crypto casinos offer fast, anonymous crypto transactions, exclusive cryptocurrency bonuses, extra privacy features, and access to new provably fair casino games powered by blockchain technology.

What cryptocurrencies do top UK crypto casinos support? The top UK crypto casinos process deposits and withdrawals in major coins like Bitcoin, Ethereum, Binance Coin, Dogecoin, Shiba INU, Avalanche, Bitcoin Cash and Tether. Leading casinos add support for new cryptos regularly.

Can Brits withdraw winnings in British pounds? Yes! You can deposit in crypto but the top UK crypto casinos allow you to withdraw your gambling earnings in either digital coins or British pounds for convenience.

Do these casinos offer live dealer table games? Absolutely. Many premier crypto casinos provide UK players live dealer studios featuring real human dealers that Brits can interact with while wagering in real-time using Bitcoin or altcoins.

Are my funds secure gambling with crypto? Reputable licensed crypto casinos use blockchain transactions, SSL encryption and other security measures to keep your activity and crypto secure. But players should still thoroughly research any real money gambling provider before signing up.

Do they provide sports betting options? A handful of leading crypto casinos also offer sports and esports betting using top cryptocurrencies. These UK-facing crypto sports betting options are somewhat limited currently but expanding.
2026-06-25 10:05 2mo ago
2026-06-25 01:38 2mo ago
Jiang Zhuoer: This round of Bitcoin bear market may bottom in Q4, target range $42,000 to $44,000
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PANews June 25 news, Litecoin Pool founder Jiang Zhuoer posted that the current Strategy mNAV has dropped to 0.72, approaching the 0.7 low hit in May 2022 during the previous bear market. Combined with recent market sentiment events such as STRC depegging, it is judged to have entered the mNAV bottom area of this cycle. mNAV often leads BTC price bottoming by about 6 months, and based on the “four-year cycle” and diminishing volatility model estimates, this Bitcoin bear market may bottom between October and December 2026, with a target price range of $42,000 to $44,000. Jiang Zhuoer also stated that his near- to medium-term strategy remains mainly selling spot and shorting, and will switch to buying spot and going long after the expected bottom arrives.
2026-06-25 10:01 2mo ago
2026-06-25 00:01 2mo ago
XRP Recovery Hopes Are Alive, Is Bitcoin (BTC) Next Breakout Around the Corner? Ethereum (ETH) Stabilizes Near $1,700: Crypto Market Review
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Although XRP is still trading close to its lowest points from 2026, there is still a chance for a recovery. Despite the fact that the asset is still under a lot of technical pressure, a number of indicators point to the possibility that sellers are getting tired after months of almost constant weakness. Following yet another rejection from short-term resistance, the chart displays XRP trading at roughly $1.08. 

The token has had difficulty creating any significant upward momentum since breaking below the crucial $1.28 support zone earlier this month. Each attempt at a rally has resulted in a lower high, demonstrating that bears continue to dominate the market structure. But it's crucial to understand where XRP is right now. 

XRP/USDT Chart by TradingViewThe same support area that prevented the February collapse and resulted in a significant rebound is being tested by the asset once more. This is one of the most significant price points XRP has seen this year because markets frequently return to key demand zones prior to more significant reversals.  

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Oversold conditions frequently signal that a large portion of the panic selling has already taken place, even though they do not by themselves ensure a reversal. In the past, XRP has produced some of its biggest comebacks during periods of extreme negativity. The bearish case is still simple. XRP continues to trade below its moving averages for the last 50, 100, and 200 days. 

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The longer-term moving averages are still sloping lower, and the former support zone around $1.28 has now turned into a significant resistance area. The overall trend is still negative until those levels are restored. However, markets seldom stay in a straight line for very long. The current setup is intriguing because of the increasing disparity between expectations and sentiment. 

Since many traders now anticipate more declines, even a slight improvement in market conditions could lead to a relief rally that is stronger than anticipated. Attention may soon turn to a recovery of the wider range if buyers are able to push XRP back above $1.18 and defend the $1.05-$1.10 support zone. 

XRP is currently still in a downward trend. However, the asset is currently trading at a level where recovery hopes are not wholly unrealistic, in contrast to earlier phases of the decline. The groundwork for a possible comeback is starting to take shape, but the bulls still have a long way to go. 

Bitcoin's breakthrough potentialOnce more, Bitcoin is trying the patience of investors. The market is still stuck in a broad consolidation phase following a violent correction that drove Bitcoin from the $80,000 region toward the low $60,000s. But despite the bearish pressure that persisted throughout June, there are indications that a big move might be on the horizon. 

BTC/USDT Chart by TradingViewBitcoin is currently trading close to $61,000 following yet another rejection by short-term resistance. The asset is still below its important moving averages, such as the declining 50-day and 100-day trends. Technically speaking, bulls don't have much to celebrate. In the larger market structure, sellers continue to have the upper hand. However, the story has another side. The fact that Bitcoin has consistently protected the $60,000-$61,000 range is one of the chart's most significant findings. 

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Bears were unable to spark another wave of panic selling after the dramatic capitulation event earlier this month. Rather, Bitcoin entered a comparatively narrow range, indicating that supply might be progressively running out. Volume behavior lends credence to this interpretation. 

The initial collapse saw the biggest volume spikes, which were indicative of forced selling and extensive liquidation. Since then, trading activity has returned to normal, which frequently occurs when markets start to form a local bottom instead of moving quickly toward another leg lower. 

The Relative Strength Index has recovered from oversold conditions and is now in neutral territory. This is noteworthy because it indicates that momentum has stabilized without necessitating a significant price rebound. Larger directional movements are frequently preceded by such behavior.

The $65,000-$66,000 range is still the crucial area to monitor. The short-term moving average, which has consistently rejected bullish attempts, aligns with this region. A clear breakout above it would likely force short sellers to cover their positions, which could lead to a move toward the much more significant resistance area between $70,000 and $72,000.

 As long as Bitcoin is trading below those levels, the bearish scenario is still in effect. But the longer Bitcoin stays above the recent lows without plummeting, the more probable it is that the market is getting ready for a more robust comeback.

Will Ethereum stabilize?After one of the biggest corrections of the year, Ethereum seems to be entering a phase of stabilization. The second-largest cryptocurrency, ETH, is currently trading in the $1,650-$1,700 range in an effort to form a local bottom after a sharp sell-off that forced it below a number of important support levels. 

Ethereum is still clearly below all of the major moving averages on the chart, indicating that the overall trend is still negative. The substantial damage done to market structure over the past few months is reflected in the 50-, 100-, and 200-day moving averages, which are still sloping downward. 

Bulls still haven't reclaimed any significant resistance area. However, there are early indications that selling pressure might be waning. Ethereum was able to produce a modest recovery following the sharp decline toward the $1,600 area, and it has spent several sessions consolidating rather than falling further. 

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Following a capitulation event, this kind of price behavior frequently shows that market participants are assessing fair value. The interpretation is supported by volume patterns. The breakdown saw the most trading activity, which may indicate a wave of panic selling and forced liquidations.

Volume has since steadily decreased, which usually coincides with the establishment of a temporary equilibrium between buyers and sellers. Ethereum's situation is still precarious until then. Although the recent stabilization is encouraging, there is still no evidence of a wider trend reversal. While the market awaits ETH's next big move, the cryptocurrency is currently holding steady at $1,700.
2026-06-25 10:01 2mo ago
2026-06-25 02:30 2mo ago
Important News from Last Night and This Morning (June 24-June 25)
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Binance to Launch OUSDT Perpetual Contract at 19:45, Up to 10x Leverage

Binance Futures announced it will launch a USDⓈ-margined OUSDT perpetual contract on June 24, 2026, at 19:45 (UTC+8), with up to 10x leverage.

BlackRock Deposits Approximately $257 Million in Bitcoin and Ethereum to Coinbase

BlackRock deposited 2,700 BTC (approximately $169 million) and 52,956 ETH (approximately $88.17 million) to Coinbase, totaling roughly $257 million, and may continue additional deposits.

21Shares Expects Bitcoin Could Rally Back to $100,000 by Year-End

Asset manager 21Shares stated in its latest semi-annual report that Bitcoin’s current pullback trajectory is "broadly similar" to past post-halving performances, and provided a base-case price target of around $100,000 by year-end. The report noted that Bitcoin pulled back after hitting a high of roughly $126,000 in October 2025 and is now around $62,000, still significantly above the average cost basis of all investors at about $54,000, and has not yet fallen below that cost zone. 21Shares believes this indicates the current correction is milder than previous cycles, with stickier market capital. Meanwhile, global crypto ETPs manage roughly $140 billion in assets and collectively hold about 1.25 million BTC, down only around 8% from the prior peak, driven mainly by price fluctuations rather than mass redemptions.

U.S. DOJ Seizes Cloud Account Under Cambodian Huione Group, Targeting Southeast Asian Crypto Laundering Network

The U.S. Department of Justice announced the seizure of a cloud computing account used by a subsidiary of the Cambodian conglomerate Huione Group. The account provided "back-end infrastructure" for the Telegram marketplace Huione Guarantee and is alleged to have helped launder billions of dollars in proceeds from crypto investment scams and cyber fraud. The DOJ described the account as the network’s “technical backbone,” used to move and conceal funds and access the banking system. Huione Guarantee (also known as Haowang Guarantee) brokers stolen bank card and identity data, malware monetization, and crypto laundering services on Telegram, and was previously identified by blockchain analysis firms as one of the largest illicit online markets, surpassing Silk Road. The U.S. Treasury's FinCEN announced on the same day that it is extending its previous "primary money laundering concern" measures against Huione to its successor entity, H-Pay Service PLC, to prevent it from evading financial sanctions.

Spot Gold Breaks Below the $4,000 Mark

According to Bybit data, spot gold has fallen below the $4,000 per ounce mark for the first time since last November, shedding roughly $1,600 from its all-time high of $5,596 per ounce hit this year.

Sports Prediction App Onyx Odds Raises $20 Million, Led by Kraken Parent Payward

Sports prediction app Onyx Odds has closed a $20 million funding round led by Payward, the parent company of crypto exchange Kraken, at a post-money valuation of approximately $220 million. Onyx Odds is currently expanding from sports event predictions into other trading products.

Ink Upgrading to OP Enterprise Fully Managed Services, Signs Multi-Year Partnership

Ink, the Ethereum Layer 2 network incubated by Kraken, will upgrade to Optimism’s OP Enterprise Fully Managed service and has signed a multi-year partnership. Optimism will operate Ink’s mainnet production infrastructure, while the Ink Foundation focuses on ecosystem and new financial products. Ink launched its mainnet in December 2024, processing over 1 million transactions on its first day, with current on-chain application annualized revenue approaching $40 million. Ink will also act as an OP Enterprise design partner, contributing to the design of features such as programmable block building, sub-one-day withdrawals to Ethereum, and sequencer compliance modules, targeting 400 megagas per second throughput and a minimum 100ms block time by the end of 2026.

Strategy Share Price Slides Below $99, Setting New Low Since Late February 2024

U.S. stock market data shows Strategy's share price has fallen below $99, touching this level for the first time since late February 2024.

Binance Withdraws MiCA License Application in Greece, Will Seek Authorization in Another EU Member State

Binance announced it has decided to withdraw its MiCA license application submitted in Greece and will instead seek authorization in another EU member state. The company stated the move is based on a prudent assessment of Greece’s current approval progress and timeline, emphasizing that user interests are the core of the decision. Binance said Europe remains an important market, its commitment to compliant operation under the EU’s unified MiCA regulatory framework is unchanged, and it expects to obtain the relevant license in a new member state in the coming months, but will announce the specific country "when ready."

Trump Refuses to Sign Bill Containing U.S. CBDC Ban, Pressures Congress to Advance Election Bill

U.S. President Trump refused to sign a bipartisan housing bill that included a four-year ban on a U.S. central bank digital currency (CBDC), abruptly canceling the scheduled signing ceremony and demanding that Congress first pass his flagship SAVE AMERICA ACT election bill. The CBDC provision in the housing bill would have prohibited the Federal Reserve from issuing a digital dollar through the end of 2030 and had been viewed by the crypto industry as a significant step forward.

Machi Big Brother's 25x ETH Long Position Liquidated, Loses $1.9M, Then Opens New 25x ETH Long

Machi Big Brother (@machibigbrother) saw his 25x leveraged ETH long position fully liquidated, incurring a loss of $1.9 million, before subsequently opening a new 25x ETH long position. His cumulative losses have now surpassed $35.4 million.

a16z CSX-Backed Cambrian Closes $6 Million Seed Round, Led by Franklin Templeton and Polychain

Blockchain data infrastructure startup Cambrian has closed a $6 million seed round co-led by Franklin Templeton and Polychain Capital, with participation from Flow Traders, Selini Capital, Paper Ventures, Nomad Capital, and others. The company previously completed a $5.9 million Pre-Seed round led by a16z Crypto Startup Accelerator last year, bringing total funding to $11.9 million. This round’s structure is a SAFE plus token warrants, and Franklin Templeton and Polychain receive board observer seats. Founded in 2024, Cambrian currently provides API services covering real-time and historical blockchain data on yields, risk, lending rates, trading activity, liquidity positions, and market sentiment, and plans to expand into a verifiable oracle network tailored for institutions and AI agents. The platform is now live in production on Base and Solana, the oracle network Alpha version is complete, and integrations with blockchain and DeFi partners will launch in the coming months. The company currently has a 10-person team and plans to hire blockchain infrastructure engineers and a head of sales.

U.S. Congress is weighing the risks of the Federal Reserve setting up "streamlined accounts" for crypto and fintech companies

The U.S. House Financial Services Committee held a hearing on Wednesday to discuss the Federal Reserve's proposal to offer "slimmed-down accounts" (streamlined master accounts) to crypto and fintech companies, granting them direct access to the central bank's payment system. The crypto industry generally supports the proposal, while community banks are concerned about security measures and the lack of equivalent regulatory compliance requirements for new types of financial institutions. At the hearing, Representative Dan Meuser pointed out that access to the Fed's payment system is not a trivial matter and requires careful consideration of who should be granted direct access. Rachel Anderika, Global Head of Operations at Anchorage Digital, called for a regulatory framework that supports innovation. Democratic Representative Stephen Lynch cited the Synapse bankruptcy case and Bitcoin's sharp swing from $100,000 to $59,000 this year, questioning how the financial system can safely handle such risks. In March, the Kansas City Fed approved a limited-purpose account for Kraken parent Payward, sparking broad debate on the degree of direct access to Fed services for crypto and fintech companies.

Analysis: Bitcoin miners face persistent margin compression, revenue already below production cost

Bitcoin miner revenue continues to decline, with the 7-day moving average dropping to around $30 million per day, down from over $50 million last summer. Transaction fee contributions have become negligible, at less than $250,000 per day. BTC is currently trading at about $62,500, far below JPMorgan's estimated production cost of roughly $78,000—a gap that has persisted for five months, the longest of this cycle. Production cost has historically been considered a soft price floor, and currently about 20% of miners are operating at a loss. Network-level stress is emerging. Over the past six months, the beta of mining difficulty to BTC price has risen to 0.62, as high-cost miners toggle their machines on and off in response to price swings rather than running at a loss. The difficulty dropped 10% in the second week of June, the second similar-size adjustment this year. Publicly listed miners sold over 32,000 BTC in Q1 to cover operating costs instead of further reducing capacity.

Micron Technology reports third fiscal quarter revenue of $41.46 billion, net income of $28.24 billion

On June 24 local time, Micron Technology released its financial results for the third quarter of fiscal year 2026, ended May 28, 2026. Revenue reached $41.46 billion, compared to $23.86 billion in the previous quarter and $9.30 billion in the same quarter last year. Under GAAP, net income was $28.24 billion, with diluted earnings per share of $24.67. Operating cash flow totaled $25.39 billion, up from $11.90 billion in the previous quarter and $4.61 billion a year ago. The company guided fourth-quarter revenue in the range of $49.0 billion to $51.0 billion, with adjusted EPS of $30–$32.

Kalshi seeking new financing round at a valuation of about $40 billion

Prediction market platform Kalshi is seeking a new funding round at a valuation of approximately $40 billion, nearly doubling its previous $22 billion valuation, with a possible close as early as the third quarter. If completed, the deal would widen its valuation lead over rival Polymarket. Kalshi's previous round attracted prominent investors including Coatue Management, Sequoia Capital, Andreessen Horowitz, and Morgan Stanley. In a previous report, Kalshi's CEO said the prediction market platform is preparing for an IPO, expected after 2027.

Coinbase has selected Luxembourg as its MiCA compliance headquarters in the EU

Coinbase has officially chosen Luxembourg as its MiCA compliance headquarters, positioning the country as a regional hub to serve EU customers.

Polymarket integrates into Telegram, powered by the TON network

The Open Platform announced on X that Polymarket is now integrated into Telegram and powered by the TON network. Through the TON-native dApp Predict (developed by the GetGems team), users can access prediction markets for sports, politics, crypto, culture, and other real-world events directly within Telegram, with on-chain settlement and full asset control. Trades can be funded using USDT on TON, with a small amount of GRAM for gas fees, and the Omniston protocol from STON.fi provides cross-chain support.

Stablecoin MIM depegs to around $0.50, Abracadabra initiates emergency measures

Abracadabra Finance has acknowledged the MIM stablecoin depeg and is taking emergency measures. Starting today, interest rates on all Cauldrons (including deprecated markets) will be gradually increased to encourage debt repayment and reduce MIM circulating supply. The current depeg provides a natural incentive for borrowers to repay debt at a discount, helping accelerate supply contraction. Direct incentives and Curve bribes will be suspended until MIM regains its peg. The team is evaluating additional recovery plans and will announce them soon. Data shows MIM is currently at $0.5027, down 36.65% in the past 24 hours.

Ripple's stablecoin RLUSD launches in Japan after receiving FSA approval

Ripple and SBI Holdings announced that the RLUSD stablecoin has officially launched in Japan after receiving approval from Japan's Financial Services Agency (FSA). It is available to institutional and retail users through the VCTRADE platform of SBI VC Trade. RLUSD is classified as a new type of electronic payment instrument under Japan's Payment Services Act, designed to meet the safety and regulatory standards for foreign-issued stablecoins. Jack McDonald, SVP of Stablecoins at Ripple, said this launch is an important step in expanding access to regulated dollar stablecoins for Japanese financial institutions and businesses, positioning RLUSD as a bridge for payments, tokenization, and collateral management.

Two whales are shorting the S&P 500 with a combined position worth about $89 million

Two whales are shorting the S&P 500 with a combined position worth about $89 million. Whale "0x469" opened a 6,500-contract S&P 500 short position with 20x leverage, worth $48 million, at a liquidation price of $8,413.66. Whale "0x4ff" opened a 5,686.66-contract S&P 500 short position with 7x leverage, worth $42 million, at a liquidation price of $8,358.13.

M token plunges 80.74% in 24 hours, currently at $0.5458

Market data shows that MemeCore (M) dropped to as low as $0.3356 this morning and has since rebounded to $0.5458, with a 24-hour decline of 80.74%.

Jiang Zhuoer: This Bitcoin bear market may bottom in Q4, with a target range of $42,000–$44,000

Jiang Zhuoer, founder of the Litecoin mining pool, stated that Strategy's mNAV has now fallen to 0.72, approaching the low of 0.7 set in May 2022 during the previous bear market. Combined with recent market sentiment events such as the STRC depeg, he believes we are now in the bottom region of the current cycle's mNAV. mNAV often leads BTC price bottoms by about six months, and based on the "four-year cycle" and volatility decay model, he estimates this Bitcoin bear market could bottom between October and December 2026, with a target price range of $42,000 to $44,000. Jiang also said his near- to medium-term strategy remains focused on selling spot and shorting, and he will switch to buying spot and going long only after the expected bottom arrives.

Compute trading marketplace Ornn closes $33 million seed round led by a16z Crypto

Compute trading marketplace Ornn announced the completion of a $33 million seed funding round, led by a16z Crypto with participation from Galaxy Ventures, Nordstar, and SV Angel, and follow-on investments from Vine Ventures, Crucible Capital, Link Ventures, and Box Group. Ornn was founded in 2025 by two MIT graduates with the goal of building a compute trading marketplace. The company has previously developed an index tracking GPU compute costs. Ornn CEO Kush Bavaria and CTO Wayne Nelms stated that the new funding will be used for hiring and business expansion, and to launch a GPU capacity trading platform that enables data centers, small and medium-sized cloud service providers, and other users to buy and sell compute like commodities such as oil, offering short-term flexible commitments to serve more small and medium enterprises.

“The ‘Iron-Head Bull’ Longing 120,000 ETH” Adds $8M Margin in Early Morning, Unrealized Loss Exceeds $77.04M

“The ‘Iron-Head Bull’ Longing 120,000 ETH” added $8 million in margin in the early morning, with unrealized losses already surpassing $77.047 million. The liquidation prices for four addresses (entities linked to Bit) are $1,174.6, $1,059.1, $1,064.7 and $1,143.6, respectively, with an entry point around $2,265. Despite the heavy unrealized loss, there remains considerable distance to liquidation, and more than 6 million USDC are still available on-chain as margin.
2026-06-25 10:01 2mo ago
2026-06-25 03:52 2mo ago
Yesterday, U.S. spot Bitcoin ETFs recorded a net outflow of $469 million, while Ethereum ETFs saw a net outflow of $30.3 million.
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Original source text
Institutions: Micron’s long-term agreements reduce industry cyclical volatility.

Quilter Cheviot strategist Ben Barringer said that Micron Technology’s extremely strong earnings show that the traditionally cyclical memory chip market is becoming more reliable. This performance further confirms the fact that demand for memory chips far outstrips supply. More importantly, Micron’s shift toward signing long-term agreements with clients provides the group with more stable profitability and makes it less vulnerable to sharp demand fluctuations. These long-term agreements actually set price ceilings and floors, require clients to commit to taking supply, and smooth out the historically highly cyclical market.

4 minutes ago

Analyst: Micron’s financial report indicates short-term fluctuations can be ignored as long as earnings prospects underpin its high valuation.

Senior Market Analyst Daniela Hathorn stated, "As Micron Technology's earnings report once again confirms that the AI investment cycle remains solid, the U.S. stock market has recouped some of its losses. This has boosted market sentiment across the entire semiconductor sector—after high-growth individual stocks underperformed earlier—indicating that as long as profit prospects continue to support high valuations, investors are still willing to overlook short-term fluctuations."

4 minutes ago

Circle partners with Nomura Securities to enter the Japanese yen foreign exchange settlement service market.

Stablecoin issuer Circle plans to collaborate with Nomura Securities to launch instant foreign currency settlement for Japanese corporate clients as early as 2027. The initiative will enable large cross-border transactions to be completed immediately, aiming to boost cross-border investment and trade. This will mark the first entry of a major stablecoin issuer into Japan’s corporate transaction market, allowing companies to convert yen into US dollar-denominated stablecoins for investment and instant transfers.

4 minutes ago

Institutions' Preview: Overview of US May Core PCE Price Index Monthly Rate

The US May core Personal Consumption Expenditures (PCE) Price Index monthly rate will be released tonight at 20:30 (UTC+8). Below are the forecasts from multiple institutions: Sumitomo Mitsui Banking Corporation: 0.2%; Royal Bank of Canada: 0.2%; JPMorgan Chase: 0.3%; Goldman Sachs Group: 0.3%; Bank of Montreal: 0.3%; Moody's Corporation: 0.3%; Standard Chartered: 0.3%; UniCredit: 0.3%; ING Group: 0.3%; HSBC Holdings: 0.3%; BNP Paribas: 0.4%; Wells Fargo: 0.4%; Capital Economics: 0.4%; Citigroup: 0.4%; Deutsche Bank: 0.4%; Nomura Securities: 0.4%; Pantheon Macroeconomics: 0.4%; Société Générale: 0.4%; Scotiabank: 0.4%; Morgan Stanley: 0.4%

4 minutes ago

DA Davidson Raises Micron’s Price Target to $2,000, Retains Buy Rating

U.S. investment bank DA Davidson released a research note stating that Micron Technology has entered a new phase with one of the best performance visibility in the semiconductor industry, a stark contrast to its past standing in the sector. Driven by another quarter of results that handily exceeded expectations and positive forward guidance, Micron’s stock price surged sharply. These signals indicate that the current memory chip boom cycle is far from over. While the company is ramping up capacity investments (with capital expenditure (CAPEX) projected to hit $10 billion in the fourth quarter of fiscal 2026, which will bring additional supply), management expects the memory market to remain tight on supply and demand at least through 2027. Against this backdrop, DA Davidson reiterated its "Buy" rating on Micron and raised its price target from $1,500 to $2,000, equivalent to a 20x price-to-earnings (P/E) ratio based on the company’s 2026 calendar year expected earnings per share (EPS).

4 minutes ago

Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.

Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.

4 minutes ago
2026-06-25 10:01 2mo ago
2026-06-25 05:42 2mo ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
BTC Bitcoin ETH Ethereum
CoinGecko News
Original source text
Institutions: Micron’s long-term agreements reduce industry cyclical volatility.

Quilter Cheviot strategist Ben Barringer said that Micron Technology’s extremely strong earnings show that the traditionally cyclical memory chip market is becoming more reliable. This performance further confirms the fact that demand for memory chips far outstrips supply. More importantly, Micron’s shift toward signing long-term agreements with clients provides the group with more stable profitability and makes it less vulnerable to sharp demand fluctuations. These long-term agreements actually set price ceilings and floors, require clients to commit to taking supply, and smooth out the historically highly cyclical market.

4 minutes ago

Analyst: Micron’s financial report indicates short-term fluctuations can be ignored as long as earnings prospects underpin its high valuation.

Senior Market Analyst Daniela Hathorn stated, "As Micron Technology's earnings report once again confirms that the AI investment cycle remains solid, the U.S. stock market has recouped some of its losses. This has boosted market sentiment across the entire semiconductor sector—after high-growth individual stocks underperformed earlier—indicating that as long as profit prospects continue to support high valuations, investors are still willing to overlook short-term fluctuations."

4 minutes ago

Circle partners with Nomura Securities to enter the Japanese yen foreign exchange settlement service market.

Stablecoin issuer Circle plans to collaborate with Nomura Securities to launch instant foreign currency settlement for Japanese corporate clients as early as 2027. The initiative will enable large cross-border transactions to be completed immediately, aiming to boost cross-border investment and trade. This will mark the first entry of a major stablecoin issuer into Japan’s corporate transaction market, allowing companies to convert yen into US dollar-denominated stablecoins for investment and instant transfers.

4 minutes ago

Institutions' Preview: Overview of US May Core PCE Price Index Monthly Rate

The US May core Personal Consumption Expenditures (PCE) Price Index monthly rate will be released tonight at 20:30 (UTC+8). Below are the forecasts from multiple institutions: Sumitomo Mitsui Banking Corporation: 0.2%; Royal Bank of Canada: 0.2%; JPMorgan Chase: 0.3%; Goldman Sachs Group: 0.3%; Bank of Montreal: 0.3%; Moody's Corporation: 0.3%; Standard Chartered: 0.3%; UniCredit: 0.3%; ING Group: 0.3%; HSBC Holdings: 0.3%; BNP Paribas: 0.4%; Wells Fargo: 0.4%; Capital Economics: 0.4%; Citigroup: 0.4%; Deutsche Bank: 0.4%; Nomura Securities: 0.4%; Pantheon Macroeconomics: 0.4%; Société Générale: 0.4%; Scotiabank: 0.4%; Morgan Stanley: 0.4%

4 minutes ago

DA Davidson Raises Micron’s Price Target to $2,000, Retains Buy Rating

U.S. investment bank DA Davidson released a research note stating that Micron Technology has entered a new phase with one of the best performance visibility in the semiconductor industry, a stark contrast to its past standing in the sector. Driven by another quarter of results that handily exceeded expectations and positive forward guidance, Micron’s stock price surged sharply. These signals indicate that the current memory chip boom cycle is far from over. While the company is ramping up capacity investments (with capital expenditure (CAPEX) projected to hit $10 billion in the fourth quarter of fiscal 2026, which will bring additional supply), management expects the memory market to remain tight on supply and demand at least through 2027. Against this backdrop, DA Davidson reiterated its "Buy" rating on Micron and raised its price target from $1,500 to $2,000, equivalent to a 20x price-to-earnings (P/E) ratio based on the company’s 2026 calendar year expected earnings per share (EPS).

4 minutes ago

Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.

Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.

4 minutes ago
2026-06-25 10:01 2mo ago
2026-06-25 06:50 2mo ago
XRP Tests Historic Oversold Levels Echoing the 2022 Bottom
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Original source text
XRP Tests Historic Oversold Levels Echoing the 2022 Bottom
2026-06-25 10:01 2mo ago
2026-06-25 07:45 2mo ago
Bitcoin and Ethereum Bounce After a $1 Billion Liquidation Day
AUCTION Bounce BTC Bitcoin ETH Ethereum
CoinGecko News
Original source text
AltcoinsBitcoin

25 June 2026 | 10:45 Bitcoin and Ethereum are clawing back ground after a brutal session. BTC has bounced to $61,742 from a low of $59,010, and ETH sits at $1,652 after touching $1,550. The recovery is real, but it's happening against a backdrop of $1 billion in liquidations over 24 hours, one of the three largest liquidation events of the past 90 days.

Key Takeaways Bitcoin and Ethereum are bouncing from yesterday’s lows of $59,010 and $1,550. Total crypto liquidations hit $1 billion over 24 hours across 177,031 traders. Bitcoin spot ETFs saw a $469M outflow on June 24, accelerating the break. Thin recovery volume suggests short covering more than fresh buying. On the 2-hour charts, the recovery is clear but worth reading carefully. Bitcoin climbed $2,697, about 4.57%, off its low over roughly 14 hours.

The character of the move matters more than the size, though. Bitcoin’s recovery candles came on thin volume, which points to short covering rather than aggressive new buying. Its 2-hour RSI has climbed back to 48.41 from deeply oversold levels, but with the signal line at 37.36 still below, momentum is turning without yet confirming a reversal.

Until the time of writing Ethereum recovered $102, or 6.59%, across the same window. ETH’s percentage bounce is actually the larger of the two, notable given how much it had been underperforming lately. Volume was more substantial, and its RSI at 50.29 has crossed above its signal line at 38.05, the first bullish crossover on the 2-hour in days. So ETH shows slightly more conviction, but neither chart has confirmed a durable turn.

What Set Yesterday’s Lows: A Liquidation Cascade It looks like the $59K and $1,550 prints were not only organic selling but also forced. Total crypto liquidations hit exactly $1 billion over 24 hours across 177,031 traders, with the single largest a $12.21 million BTCUSDT position on Binance. The composition tells the story.

24-Hour Liquidations Longs Shorts Bitcoin $319.23M $95.50M Ethereum $170.39M $59.64M Total market $780.96M $219.08M The imbalance is the whole point. Across the market, $780.96 million in long positions were wiped versus $219.08 million in shorts, this was overwhelmingly a long squeeze, leveraged bulls getting forced out as price fell. Then the picture flipped on the way back up. In the most recent 12-hour window, $75.48 million in Bitcoin shorts were liquidated against just $3.14 million in longs, and ETH showed the same reversal with $38.09 million in shorts gone versus $3.55 million in longs. In other words, the traders who piled in short near the lows are now the ones getting squeezed, which is the mechanical engine behind today’s bounce.

The ETF Outflows That Amplified It Forced selling wasn’t the only pressure. Bitcoin spot ETFs recorded $469.08 million in net outflows on June 24 according to SoSoValue data, the largest single-day figure in recent weeks. What makes that number more telling is the context: it isn’t a one-off bad day but the sharp acceleration of a multi-day outflow streak, jumping from the prior trend of roughly $60 to $90 million daily into a near-$470 million exit.

The Unified Read Put it together and yesterday reads as a classic long-liquidation cascade, amplified by record ETF selling. The $59K and $1,550 lows were set on forced and institutional selling rather than slow distribution, and today’s recovery is largely short covering against those oversold levels, Bitcoin’s RSI climbing back toward 50, Ethereum’s already crossing its signal line.

The important question is whether it holds, and the bounce’s thin Bitcoin volume is the reason for caution, short-covering rallies can fade once the trapped shorts are flushed. The clearest level to watch is $61K on Bitcoin. If it holds that on a retest, the recovery has a foundation to build on; if it fails to hold $61K and slips back, the market could likely read this bounce as a dead-cat rally and the risk of a return to the $59K low might rise. Ethereum’s equivalent line sits around $1,650. Beyond the chart, the other half of the test is ETF flows, whether the multi-day outflow streak stabilizes or keeps extending. Until those resolve, this is a mechanical recovery from oversold conditions, which is a different thing from a confirmed bottom.

This article is for informational purposes only and does not constitute financial advice. Consult a professional before making investment decisions.

Author

Alexander Zdravkov is a market analyst and crypto journalist with interests in economics, broader financial markets and digital assets. His journey into crypto began more than four years ago, driven by a fascination with the rapid evolution of blockchain technology and the transformative potential of decentralized finance. He began analyzing market cycles and identifying emerging trends before they reach the mainstream. He holds a degree in International Relations - a background that helped shape his broader perspective on global economics, geopolitics, and the interconnected nature of modern financial markets. Whether covering the latest developments in the crypto sector or exploring broader macroeconomic themes, Alexander focuses on giving readers context rather than simply repeating headlines. During his career, he has authored more than 5,000 articles covering cryptocurrencies, traditional finance, and global market developments. His work spans everything from Bitcoin and altcoins to macroeconomic trends influencing risk assets worldwide.
2026-06-25 10:01 2mo ago
2026-06-25 08:30 2mo ago
Dr. Doom Calls Most Crypto Vaporware Backed by Nothing, Except One Use Case
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Original source text
Dr. Doom Calls Most Crypto Vaporware Backed by Nothing, Except One Use Case
2026-06-25 10:00 2mo ago
2026-05-20 10:00 3mo ago
Zcash Soars 88% In 30 Days: Is ZEC The Stealth Winner Of This Crypto Cycle?
BMEX BitMEX BTC Bitcoin DASH Dash XMR Monero XRP Ripple ZEC Zcash
CoinGecko News
Original source text
BitMEX co-founder Arthur Hayes has suggested that Zcash (ZEC) could eventually reach 10% of Bitcoin’s market capitalization, a long-term bullish thesis on privacy coins rather than a near-term price forecast. Based on ZEC’s circulating supply of around 16 million tokens, that scenario would imply a price in the high four-figure range, roughly $8,000–$10,000, depending on Bitcoin’s valuation.

A Chart Pattern Worth Watching On the technical side, traders point to a possible cup-and-handle pattern, but this is a subjective chart formation with no guarantee of outcome. Resistance is often cited around $625–$650, with some speculative projections suggesting a move toward $1,000, though this depends heavily on broader market conditions and is not a confirmed target.

The target also lines up with ZEC’s 1.618 Fibonacci extension, drawn from a $745 swing high down to a $185 swing low.

Privacy Coins Pull Ahead ZEC is not moving alone. Monero and Dash, both privacy-focused tokens, have also posted gains over the past month. But Zcash leads the pack. Reports indicate the coin climbed more than 80% in 30 days while the total crypto market cap barely moved — up just 0.2% over the same stretch.

ZEC market cap currently at $9.6 billion. Chart: TradingView $ZEC update

This thing is running its own bull market rn… gg

I closed my short. Especially with $BTC sitting on support around $76k

Even a small pump in Bitcoin makes ZEC go absolutely stupid right now https://t.co/xLs6ficv7l pic.twitter.com/obAhbnXqfp

— SnorlaX お金 (@SnorlaxOnChain) May 18, 2026

In the past three days alone, ZEC added 18% as the broader market slipped 3%. That split has prompted some traders to say Zcash is running its own bull market. Growing demand for financial privacy appears to be the main force behind the move, pulling fresh interest into a coin that had been largely overlooked for years.

Institutional Interest Adds Fuel Earlier in May, hedge fund Multicoin Capital disclosed it holds a position in ZEC. Around the same time, Robinhood added the token to its platform, opening it up to a wider pool of retail investors.

Both developments landed at a time when the privacy narrative was already building. Hayes’s comment added another layer. His estimate was speculative — based on a market cap comparison to Bitcoin — but it drew attention and, according to data, ZEC’s value in Bitcoin terms has risen about 20.5% since he made the remark.

Whether the cup-and-handle plays out or not, the coin has already proven it can move on its own terms.

Featured image from Quicknode, chart from TradingView
2026-06-25 10:00 2mo ago
2026-05-21 03:43 3mo ago
Crypto Overview: Hyperliquid rallies on strong ETF inflows, Dash and Zcash follow suit
BTC Bitcoin DASH Dash HYPE Hyperliquid ZEC Zcash
CoinGecko News
Original source text
Bitcoin (BTC) is trading above $77,000 at press time on Thursday, easing downside pressure amid the wipeout of $180 million in crypto shorts over the last 24 hours. In the same period, Hyperliquid (HYPE), Dash (DASH), and Zcash (ZEC) led the broader market rally on intense Exchange Traded Fund (ETF) inflows and renewed demand for privacy coins.

Mild recovery in Bitcoin eases broader market stressBitcoin trades above $77,000 on Thursday, extending gains from the previous day. The near-term recovery with a rebound from its 50-day Exponential Moving Average (EMA) suggests a reversal to its 200-day EMA around $82,000. Typically, altcoins mimic Bitcoin's recovery following a pullback. 

CoinGlass data shows $262 million in total liquidations over the last 24 hours across the market, led by $182 million in short liquidations, pointing to a forced bearish positional wipeout.

Crypto liquidation data. Source: CoinGlassHyperliquid and privacy coins eye further gainsHyperliquid is extending a strong bullish phase that has reached a seven-month high, driven by recent $22 million in ETF inflows. The everything exchange token holds well above the 50-day EMA at $42.40 and the 200-day EMA at $36.95, which together suggest a firmly established uptrend. The underlying upward-sloping trendline breakout around $53.00 further reinforces the constructive structure.

Momentum remains robust, with the Moving Average Convergence Divergence (MACD) indicator in positive territory and the Relative Strength Index (RSI) hovering in overbought territory near 76, hinting that while buyers are in control, conditions are becoming stretched.

Looking up, the all-time high of $59.45 remains a key resistance level, and a breakout above it would signal a shift into price discovery mode.

HYPE/USD daily price chart.On the downside, initial support is seen at the broken trendline around $53.00, followed by R2 and R1 Pivot Points at $51.30 and $45.52, respectively.

DASH hovers around $50 on Thursday after a 20% surge the previous day, maintaining a bullish near-term bias. The privacy coin trades well above the 50-period EMA at $44.48 on the 4-hour chart and the 200-period EMA at $42.05, driven by the hopes of Zcash Orchard Shielded Pool integration.

Bullish momentum is rising, as indicated by a positive MACD and an RSI near 72, which hints at firm buying pressure but signals concerns about overbought conditions.

A sustained break above the 61.8% retracement at about $51.11, measured over the downswing from $58.09 to $39.84, would open the way toward the 78.6% level near $54.18.

DASH/USDT daily price chart.Initial support is seen well lower at the 50% retracement level at $48.96, followed by the 38.2% Fibonacci retracement level at $46.81.

Zcash maintains a clear bullish bias as price trades above $665 on Thursday, well above both the 50-day and 200-day EMAs, clustered around $445 and $335. The privacy coin has also pushed decisively through the 78.6% Fibonacci retracement at $628, measured from $750 to $104, suggesting a steady recovery.

The RSI is around 72, hinting at overbought conditions but still constructive momentum, while the MACD remains in positive territory, suggesting that upside pressure persists despite increasingly stretched conditions.

Looking up, the next meaningful resistance is the recent swing high, aligned with the 100% Fibonacci retracement at $750, where buyers could begin taking profits.

ZEC/USDT daily price chart.On the downside, initial support lies at the 78.6% retracement at $629, followed by deeper Fibonacci cushions at $534 and $467.

(The technical analysis of this story was written with the help of an AI tool.)
2026-06-25 09:59 2mo ago
2026-06-23 18:21 2mo ago
Bitcoin Hits $62,000, Ethereum, XRP, Dogecoin Slide More Than 4% As Dollar Climbs To Multi-Month High
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CoinGecko News
Original source text
Bitcoin fell to $62,000 as a broader macro-driven sell-off swept through risk assets, with the U.S. dollar climbing to multi-month highs.

Investors are now focused on Thursday’s PCE inflation report, a key indicator for future Federal Reserve policy.

Notable Statistics:

Coinglass data shows 137,225 traders were liquidated in the past 24 hours for $649.88 million.        SoSoValue data shows net outflows of $68.2 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net outflows of $66 million. In the past 24 hours, top gainers include DeXe, Audiera and Algorand. Notable Developments:

Trader Notes:

Crypto analyst Kevin expects one final major Bitcoin correction between July and October, aligning with a broader bearish roadmap.

The projected decline would clear long-position liquidity, fulfill the bear flag’s measured move target, test key moving averages and the 0.5 Fibonacci retracement level, potentially marking the cycle bottom before a recovery begins.

Crypto chart analyst Ali Martinez identifies the $60,000–$63,000 range as Bitcoin’s most important support zone, with more than 1.3 million BTC transacted there, making it the largest on-chain volume cluster.

Holding above $60,587 would preserve the current trend, while a breakdown could expose downside targets near $46,700 and potentially $37,900, where significant historical buying activity occurred.

Image: Shutterstock

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2026-06-25 09:59 2mo ago
2026-06-24 15:00 2mo ago
Why AI Agents Are Slowly Replacing Meme Coins Like PEPE and Dogecoin & Why MemeToro $MT Is Leading This Change
BTC Bitcoin DOGE Dogecoin
CoinGecko News
Original source text
For years, meme coins dominated crypto’s speculative landscape. Tokens like Dogecoin and PEPE showed that community enthusiasm alone could create billions in market value.

But the market is evolving.

A growing number of investors are shifting attention toward AI agent projects that do more than depend on social momentum. These platforms combine community engagement with automation, real utility, and autonomous systems that actively participate in blockchain ecosystems.

As this trend accelerates, projects like MemeToro ($MT) are emerging at the center of the transition.

The Problem With Traditional Meme Coins Meme coins were built on attention.

Their value often depended on viral marketing, social media trends, celebrity mentions, and community enthusiasm. When momentum was strong, prices could rise rapidly. When attention faded, many projects struggled to maintain relevance.

This created a recurring cycle.

Communities would form around a narrative, liquidity would arrive, speculation would increase, and eventually attention would move elsewhere. In many cases, the token itself offered little functionality beyond ownership and trading.

Investors are becoming more aware of this limitation.

As crypto matures, many participants want ecosystems that provide ongoing activity rather than relying entirely on market sentiment.

That shift is helping create demand for AI-powered alternatives.

AI Agents Bring Utility to the Meme Economy The biggest difference between traditional meme coins and AI agent projects is functionality.

Modern AI ecosystems are not built around static tokens. They are built around autonomous software systems capable of performing tasks, processing information, and interacting with users continuously.

These agents operate around the clock. They can analyze social sentiment, monitor blockchain activity, track emerging narratives, and identify market opportunities without requiring constant human involvement.

This creates a fundamentally different model.

Instead of relying exclusively on speculation, AI-powered ecosystems generate engagement through active participation and continuous execution. Many investors view this as the next evolution of crypto communities.

Why AI Agents Are Attracting Capital The migration toward AI projects is not happening by accident.

Investors are increasingly searching for ecosystems capable of combining cultural relevance with practical utility. AI agents help bridge that gap by introducing functionality into sectors that were previously driven primarily by attention.

These systems can perform tasks that traditional meme coins cannot.

They can monitor market trends, identify changes in sentiment, analyze on-chain activity, and interact with users in real time. Some platforms are even developing agents capable of helping automate trading decisions and community growth initiatives.

This creates a stronger participation model.

Users engage with a platform because of what it does, not simply because of what it represents.

That distinction is becoming increasingly important throughout crypto markets.

What MemeToro Brings to the AI Agent Movement MemeToro is a SocialFi ecosystem built on BNB Chain that combines meme culture with autonomous AI functionality.

At the center of the platform sits the MemeToro AI Agent, designed to monitor real-time social trends, cultural developments, market narratives, and global news events. The objective is to identify emerging opportunities before they become widely recognized across crypto markets.

The platform then turns those insights into ecosystem activity.

Users can create and trade memecoins through an automated no-code deployment system. Every bonded memecoin automatically lists on PancakeSwap and is supported by BNB liquidity infrastructure.

This removes many of the traditional barriers that prevent non-technical users from participating in token creation.

The MemeToro Ecosystem Goes Beyond Token Creation The native $MT token powers a broader ecosystem designed around active engagement.

Users gain access to a centralized crypto news portal that helps track emerging market narratives. The platform also includes staking functionality, allowing participants to earn rewards while supporting ecosystem liquidity.

Another major component is the prediction market infrastructure.

Users can utilize both $MT and BNB within peer-to-peer forecasting markets that allow participants to monetize insights on crypto trends, major events, and broader narratives.

The ecosystem creates multiple participation layers.

Instead of simply holding a token and hoping for appreciation, users can actively engage across several products inside the platform.

Stage 2 Continues Momentum as MemeToro Crosses $71K Raised MemeToro’s Stage 2 presale is live with $71,000 already raised toward the $78,590.46 round target. The current $MT entry price is $0.00139, and the next price tier moves up to $0.00154 once Stage 2 closes. Buyers entering now lock in the lower rate before the step-up kicks in.

Payment options keep things flexible. Crypto buyers can transact directly through their wallets, while card payments work through Visa, Mastercard, Apple Pay, and Google Pay. That dual structure makes the presale accessible to crypto natives and newcomers, both of whom benefit from the same entry pricing.

More Information on MemeToro ($MT) Presale Here:

Website: https://memetoro.com/

X: https://x.com/memetoro_mt

Telegram: https://t.me/memetoro_mt

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2026-06-25 09:59 2mo ago
2026-06-24 18:15 2mo ago
Mining Profits Dry Up Across Bitcoin, DOGE, LTC, and BCH
BTC Bitcoin DOGE Dogecoin LTC Litecoin
CoinGecko News
Original source text
Dogecoin and Litecoin miners face mounting pressure as mining profitability remains low across major proof-of-work assets.

Cryptocurrency mining profitability remains under pressure across major proof-of-work networks, according to new data shared by Alphractal, which shows the sector is experiencing stagnation and reduced returns.

The analytics platform said that while miners continue to play an important role in maintaining network security and decentralization, the data suggests that profitability remains difficult across major proof-of-work networks.

Growing Pressure on Miners Alphractal’s Mining Equilibrium Index compares miners’ average revenue per hash over 30 days against the 365-day average. Readings above 1.0 signal above-average profitability, while values below 0.5 point to stressed conditions for miners.

Among the four largest proof-of-work assets tracked by the index, Bitcoin posted the highest reading at 0.75, which makes it the strongest performer in terms of mining profitability.

Bitcoin Cash (BCH) followed at 0.66, which suggests relatively better conditions than the rest of the group. The OG meme coin, Dogecoin (DOGE), registered a score of 0.60, as mining profitability declined significantly over the years. Litecoin (LTC), on the other hand, recorded the lowest reading at 0.58, making it the weakest performer among the four assets.

However, Bitcoin’s position at the top of the list does not necessarily point to favorable conditions for miners. As recently reported by CryptoPotato, Bitcoin mining difficulty fell by more than 10%, in one of the largest downward adjustments of the year, and demonstrated that fewer miners are participating in the network. At the same time, the Bitcoin hash rate has continued to decline.

The figure briefly dropped below 790 EH/s this month from record levels above 1.2 ZH/s reached last year.

You may also like: Saylor Should Stop Buying Bitcoin, Says CryptoQuant Strengthening Dollar and OG Selling Pressure Keep Bitcoin Bears in Control  Analyst Warns: Strategy Will Have to Sell Over 50,000 BTC by 2028 Alphractal also acknowledged that the current environment has made crypto mining increasingly dependent on access to capital, operational efficiency, and patience.

BTC Sales By Mining Companies Several publicly listed Bitcoin miners have been selling their BTC holdings at the fastest pace since the previous crypto bear market. Back in April, The Energy Mag published a report that revealed that major mining companies such as MARA, CleanSpark, Riot, Cango, Core Scientific, and Bitdeer collectively sold more than 32,000 BTC during the first quarter of 2026.

The amount of Bitcoin sold surpassed the combined net sales recorded throughout all four quarters of 2025. The figure also set a new industry record as it exceeded the roughly 20,000 BTC liquidated by public miners during the second quarter of 2022, when the market was shaken by the collapse of the Terra-Luna ecosystem.

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2026-06-25 09:59 2mo ago
2026-06-24 20:50 2mo ago
DECRYPT: 'Painful' Bitcoin Sell-Off Drags Ethereum, XRP and Dogecoin Lower as Crypto Stocks Dive
BTC Bitcoin DOGE Dogecoin ETH Ethereum XRP Ripple
CoinGecko News
Original source text
In brief Bitcoin fell to its lowest point in 21 months, dragging down leading altcoins and crypto stocks with it. The weakness appears to be linked to a risk-off move in semiconductor and AI stocks, analysts said. As XRP fell, it risked slipping below $1 for the first time since just after President Trump's reelection. Investors continued to dump digital assets on Wednesday, aggravating a sell-off that pushed Bitcoin’s price to its lowest point in 21 months.

The leading digital asset by market cap fell as low as $59,2175 before firming to $60,700, a 2.7% decrease over the past 24 hours, according to CoinGecko. The performance echoed signs of pressure on Wall Street and put Bitcoin on track for its third straight daily decline.

As the original cryptocurrency plunged, so too did various altcoins, with Ethereum showing a 3.1% decline to $1,610. XRP and Solana also wavered, falling 3.1% to $1.07 and 2.6% to $67, respectively. Dogecoin dropped 4.6% to 7.5 cents over the same period.

For XRP, the slump threatened to push the digital asset under $1 for the first time since shortly after President Donald Trump’s 2024 reelection win. For Dogecoin, the fall earlier Wednesday thrust the first meme coin to its lowest levels since late 2023.

“Days like today are undoubtedly painful,” Juan Leon, senior investment strategist at crypto asset manager Bitwise, told Decrypt. “But step back. We’ve seen this movie before.”

Leon noted that pronounced drawdowns in crypto prices have felt thesis-breaking in the moment, but the technology continues to be adopted as a modern form of market plumbing.

He said that a risk-off move hitting AI and semiconductor stocks was affecting a market for digital assets that’s already depressed, adding, “This bear market shall pass, and crypto will come out stronger on the other side.”

The weakness preceded a refresh of the Federal Reserve’s preferred inflation measure, with economists anticipating the Personal Consumption Expenditures index to show a 4.1% annual increase in consumer prices on Thursday, accelerating for a third consecutive month.

Following hawkish remarks from Fed Chair Kevin Warsh a week ago, analysts say investors are digesting expectations of tighter monetary policy, which typically weighs on risk assets. The Fed was projected to raise rates at its meeting in September, per CME Watch.

Amid lackluster price action, it appears some traders have grown less engaged, according to a note shared by Jasper De Maere, an OTC trader at crypto trading firm Wintermute.

“Flows are suggesting traders have started going into summer recess,” he wrote. “It’s possible we’ll consolidate at these levels, at the mercy of the equity market which has the potential to pull crypto down alongside it in case of a further risk-off rotation.”

Although a 0.4% decline in the Nasdaq was led by Micron Technology before the firm announced earnings, the chipmaker’s losses were outpaced by crypto-native firms.

Bitcoin treasury giant Strategy plunged 9% to $94.43 after bouncing off a 27-month low of $92.28, a move that intensified scrutiny on its flagship preferred stock, Stretch (STRC), which notched new lows Wednesday following a record drop last Thursday. Coinbase’s stock price fell 5% to $150.11, while Robinhood shares slid 5.8% to $97.21 apiece. 

BitMine, the largest corporate holder of Ethereum, saw shares plunge 7.4% to $14.01, hitting their lowest level since the firm dedicated itself to accumulating the digital asset a year ago. (Disclosure: BitMine Chairman Tom Lee is an investor in Dastan, Decrypt’s parent company.)

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2026-06-25 09:59 2mo ago
2026-06-24 20:50 2mo ago
'Painful' Bitcoin Sell-Off Drags Ethereum, XRP and Dogecoin Lower as Crypto Stocks Dive
BTC Bitcoin DOGE Dogecoin ETH Ethereum XRP Ripple
CoinGecko News
Original source text
In brief Bitcoin fell to its lowest point in 21 months, dragging down leading altcoins and crypto stocks with it. The weakness appears to be linked to a risk-off move in semiconductor and AI stocks, analysts said. As XRP fell, it risked slipping below $1 for the first time since just after President Trump's reelection. Investors continued to dump digital assets on Wednesday, aggravating a sell-off that pushed Bitcoin’s price to its lowest point in 21 months.

The leading digital asset by market cap fell as low as $59,2175 before firming to $60,700, a 2.7% decrease over the past 24 hours, according to CoinGecko. The performance echoed signs of pressure on Wall Street and put Bitcoin on track for its third straight daily decline.

As the original cryptocurrency plunged, so too did various altcoins, with Ethereum showing a 3.1% decline to $1,610. XRP and Solana also wavered, falling 3.1% to $1.07 and 2.6% to $67, respectively. Dogecoin dropped 4.6% to 7.5 cents over the same period.

For XRP, the slump threatened to push the digital asset under $1 for the first time since shortly after President Donald Trump’s 2024 reelection win. For Dogecoin, the fall earlier Wednesday thrust the first meme coin to its lowest levels since late 2023.

“Days like today are undoubtedly painful,” Juan Leon, senior investment strategist at crypto asset manager Bitwise, told Decrypt. “But step back. We’ve seen this movie before.”

Leon noted that pronounced drawdowns in crypto prices have felt thesis-breaking in the moment, but the technology continues to be adopted as a modern form of market plumbing.

He said that a risk-off move hitting AI and semiconductor stocks was affecting a market for digital assets that’s already depressed, adding, “This bear market shall pass, and crypto will come out stronger on the other side.”

The weakness preceded a refresh of the Federal Reserve’s preferred inflation measure, with economists anticipating the Personal Consumption Expenditures index to show a 4.1% annual increase in consumer prices on Thursday, accelerating for a third consecutive month.

Following hawkish remarks from Fed Chair Kevin Warsh a week ago, analysts say investors are digesting expectations of tighter monetary policy, which typically weighs on risk assets. The Fed was projected to raise rates at its meeting in September, per CME Watch.

Amid lackluster price action, it appears some traders have grown less engaged, according to a note shared by Jasper De Maere, an OTC trader at crypto trading firm Wintermute.

“Flows are suggesting traders have started going into summer recess,” he wrote. “It’s possible we’ll consolidate at these levels, at the mercy of the equity market which has the potential to pull crypto down alongside it in case of a further risk-off rotation.”

Although a 0.4% decline in the Nasdaq was led by Micron Technology before the firm announced earnings, the chipmaker’s losses were outpaced by crypto-native firms.

Bitcoin treasury giant Strategy plunged 9% to $94.43 after bouncing off a 27-month low of $92.28, a move that intensified scrutiny on its flagship preferred stock, Stretch (STRC), which notched new lows Wednesday following a record drop last Thursday. Coinbase’s stock price fell 5% to $150.11, while Robinhood shares slid 5.8% to $97.21 apiece. 

BitMine, the largest corporate holder of Ethereum, saw shares plunge 7.4% to $14.01, hitting their lowest level since the firm dedicated itself to accumulating the digital asset a year ago. (Disclosure: BitMine Chairman Tom Lee is an investor in Dastan, Decrypt’s parent company.)

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2026-06-25 09:59 2mo ago
2026-06-24 21:18 2mo ago
Bitcoin Plunges Below $60,000, Ethereum, XRP, Dogecoin Lose 3% In Brutal Crypto Sell-Off
BTC Bitcoin DOGE Dogecoin ETH Ethereum XRP Ripple
CoinGecko News
Original source text
Bitcoin dropped below $60,000 on Wednesday before a slight recovery amid a sell-off in semiconductor shares.

Notable Statistics:

Coinglass data shows 107,733 traders were liquidated in the past 24 hours for $433.38 million.        SoSoValue data shows net outflows of $113.8 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net outflows of $82.4 million. In the past 24 hours, top losers include Audiera, Venice Token and Pump.fun. Notable Developments:

Trader Notes:

Crypto trader Altcoin Sherpa remains uncertain about Bitcoin’s next move but warns that losing the current support level could open the door to a decline toward $54,000.

Trader KillaXBT admits the bullish thesis may be failing but notes that market bottoms are typically marked by volatile, liquidity-hunting price action that shakes out traders. He suggests focusing on long-term Bitcoin accumulation and ignoring short-term noise.

Technically, $59,000 remains the key level. A break below that wick low would require a strong reclaim to restore a bullish outlook.

CoinBureau founder Nic Puckrin warns that Bitcoin is losing a major technical support zone after falling below its 200-week SMA and nearing the $60,000 level.

A weekly close below this area could signal further weakness and open the door to a decline toward $57,900, marking it to be a new cycle low.

Image: Shutterstock

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© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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2026-06-25 09:59 2mo ago
2026-06-25 01:58 2mo ago
Bitcoin Hits 20-Month Low, Ethereum, Dogecoin, XRP Also Decline: Analyst Identifies 'Genuine Battleground' For Beleaguered BTC Amid 'Extreme Fear'
BTC Bitcoin DOGE Dogecoin ETH Ethereum XRP Ripple
CoinGecko News
Original source text
Leading cryptocurrencies retreated further on Wednesday as investors awaited the crucial inflation report for guidance on the direction of interest rate cuts.

Crypto Bloodbath ContinuesBitcoin fell below $60,000 for the first time since October 24, as trading volume popped 40% over the last 24 hours. The apex cryptocurrency is now down more than 51% from its record highs.

Ethereum fell to an intraday low of $1,550 before paring some of its losses overnight. XRP and Dogecoin also traded in the red.

Nearly $1 billion was liquidated from the cryptocurrency market in the last 24 hours, with $800 million in bullish long positions alone wiped out, according to Coinglass data

Bitcoin’s open interest rose 0.37 over the last 24 hours. An increase in open interest, alongside a drop in spot price, typically signals that new short sellers are entering the market, hoping for the decline to continue.

"Extreme Fear" sentiment intensified, returning to levels seen earlier this month, according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours) 

The global cryptocurrency market capitalization stood at $2.09 trillion, representing a 2.74% decline over the last 24 hours.

Stocks Fall AlongsideStocks extended their slide on Wednesday. The S&P 500 fell 0.10% to end at 7,358.22, while the tech-heavy Nasdaq Composite dipped 0.43% to settle at 25,476.6. The Dow Jones Industrial Average was the outlier, rallying 182.06 points, or 0.35%, to end at 51,848.90.

Investors will closely watch Thursday’s Personal Consumption Expenditures price index report, considered the Federal Reserve’s preferred measure of inflation, for guidance on the central bank’s interest rate policy.

The CME Group’s FedWatch tool showed markets pricing a 50% likelihood of the Fed increasing rates during the September meeting.

Why This Level Is A ‘Battleground’ For BTCRekt Capital, a widely followed cryptocurrency analyst and trader, warned that Bitcoin’s daily close below the red-shaded band, around $60,000, and a subsequent bearish retest could confirm further downside.

On-chain analytics firm CryptoQuant highlighted that Bitcoin’s drop below $60,000 triggered a “new wave of panic” among some investors, prompting them to move their BTC back to exchanges, representing “persistent” short-term selling pressure.

“The $60,000 level has gradually become a genuine battleground, where the confrontation between weak hands and strong hands is at its most intense,” the firm added.

Photo: Sodel Vladyslav / Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.
2026-06-25 09:58 2mo ago
2025-10-27 08:15 10mo ago
ETH Breaks Above $4,200 — Can It Reach $4,500 by Year-End?
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CoinGecko News
Original source text
ETH Breaks Above $4,200 — Can It Reach $4,500 by Year-End?
2026-06-25 09:58 2mo ago
2025-12-16 04:00 8mo ago
Cardano Targets $10.40 As ‘2020 Blastoff’ Pattern Returns, Analyst Says
ADA Cardano BTC Bitcoin ETC Ethereum Classic ETH Ethereum
CoinGecko News
Original source text
Cardano (ADA) is getting the “2020 blastoff” treatment again — at least if you ask Quantum Ascend, a technical analyst on X who says the chart is starting to rhyme with the setup that preceded ADA’s last major run.

In a Dec. 13 video shared on X, Quantum Ascend (@quantum_ascend) told followers he’s been working through a longer-term weekly count and thinks the market may be grinding toward the end of a drawn-out corrective structure. The punchline: a “conservative” target zone around $4.88–$5.50, and a “primary” bull-run target of $10.40.

“Cardano Mirroring 2020 Blastoff Moment,” his post read, before laying out the two tiers: “Conservative: $4.88-$5.50” and “Primary: $10.40.”

The Framework Behind The Cardano Price Prediction The framework he’s leaning on isn’t a clean five-wave impulse, he said. Instead, he framed it as something slower and messier — “more of like a large time-based macro correction here on the D-wave,” he said, describing what he believes is a triangle structure developing on the weekly chart.

Cardano price analysis | Source: X @quantum_ascend “We’re creating a triangle structure,” he said. “So I am going to be looking for the E-wave. That’s what ends up coming next.”

A big part of the argument is confluence. Quantum Ascend walked through multiple measurements and trendlines, pointing to price zones where different tools cluster. One reference point was a prior A-to-B drawdown range that, in his view, still hasn’t been fully “closed out,” with a key level “up there at the $5.50 mark.”

Then he zoomed out to the bigger structure, highlighting how an upper trendline from a C-to-D drawdown “converges with the 3.618 [Fibonacci extension] up here,” which he suggested adds weight to the $10 area. “So some confluence for that $10 area,” he said, pointing at the chart level he called out around $10.62.

He also reached for a relative-performance comparison — not to Ethereum itself, but to Ethereum Classic.
“I have another video from the past that compares Ethereum Classic to ADA,” he said. “And if it ends up doing a similar move to Ethereum Classic, that also puts us up into the $10 range.”

Still, the near-term “safe” target he kept circling back to was the $5 region. After walking through a more recent drawdown “going back to the top of the Trump pump to where we’re at now,” he said a “full extension gets us pretty close… around $4.88,” adding that the $5 zone shows “a lot of different signs of confluence.”

“For me, I’m going to say my conservative estimate for ADA is going to be that $5 range,” he said. Then he went straight to the headline number: “I think ADA gets up there around 10 bucks during this bull run.”

To make the comparison feel less abstract, Quantum Ascend argued the current chop looks structurally similar to a prior period before ADA’s last breakout — a fractal-style read. “You guys notice the similarities here?” he asked, describing how both moves get “stopped out a little bit above the 0.5,” roll over, then revisit the lower trendline before pushing back to the top of the range.

And then he widened the lens beyond Cardano, tossing in a fairly aggressive macro view that sits underneath the bullish alt targets. “I honestly, guys, across the board right now, I believe that these corrections are coming to an end,” he said. “I think we have a blow off top in stock markets, in crypto and all of that coming.”

But he also stressed he’s not married to a long-duration “supercycle” narrative. “I am not a long-term bull,” he said. “I am not [predicting a] Bitcoin super cycle to $400K.” His current bitcoin top, he added, is $155,000 — and he expects alts to “severely outperform” in the final leg before “it’s all over.”

On the math side, Quantum Ascend framed $10.40 as big, but not absurd in a market that has already produced outsized multiples. “If we were to get that 1040, 25X, right?” he said, comparing it to prior cycles where ADA saw moves he pegged at “168X” and “75X.”

“So we’re just talking about a 25er,” he added. “Not that crazy when you put it into perspective.”

At press time, ADA traded at $0.4022.

ADA trades below key resistance, 1-week chart | Source: ADAUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com
2026-06-25 09:58 2mo ago
2025-12-18 14:25 8mo ago
XRP Asset Efficiency Upgrade: Exploring Alternative Participation Models with PEPPER Mining
BTC Bitcoin DOGE Dogecoin ETC Ethereum Classic ETH Ethereum XRP Ripple
CoinGecko News
Original source text
XRP Asset Efficiency Upgrade: Exploring Alternative Participation Models with PEPPER Mining
2026-06-25 09:57 2mo ago
2026-03-16 00:03 5mo ago
Crypto Market Kickstarts Morning Rebound, Bitcoin Breaks $73K, Ethereum Surpasses $2200
BTC Bitcoin ETH Ethereum NEO NEO SOL Solana
CoinGecko News
Original source text
Institutions: Micron’s long-term agreements reduce industry cyclical volatility.

Quilter Cheviot strategist Ben Barringer said that Micron Technology’s extremely strong earnings show that the traditionally cyclical memory chip market is becoming more reliable. This performance further confirms the fact that demand for memory chips far outstrips supply. More importantly, Micron’s shift toward signing long-term agreements with clients provides the group with more stable profitability and makes it less vulnerable to sharp demand fluctuations. These long-term agreements actually set price ceilings and floors, require clients to commit to taking supply, and smooth out the historically highly cyclical market.

1 seconds ago

Analyst: Micron’s financial report indicates short-term fluctuations can be ignored as long as earnings prospects underpin its high valuation.

Senior Market Analyst Daniela Hathorn stated, "As Micron Technology's earnings report once again confirms that the AI investment cycle remains solid, the U.S. stock market has recouped some of its losses. This has boosted market sentiment across the entire semiconductor sector—after high-growth individual stocks underperformed earlier—indicating that as long as profit prospects continue to support high valuations, investors are still willing to overlook short-term fluctuations."

1 seconds ago

Circle partners with Nomura Securities to enter the Japanese yen foreign exchange settlement service market.

Stablecoin issuer Circle plans to collaborate with Nomura Securities to launch instant foreign currency settlement for Japanese corporate clients as early as 2027. The initiative will enable large cross-border transactions to be completed immediately, aiming to boost cross-border investment and trade. This will mark the first entry of a major stablecoin issuer into Japan’s corporate transaction market, allowing companies to convert yen into US dollar-denominated stablecoins for investment and instant transfers.

1 seconds ago

Institutions' Preview: Overview of US May Core PCE Price Index Monthly Rate

The US May core Personal Consumption Expenditures (PCE) Price Index monthly rate will be released tonight at 20:30 (UTC+8). Below are the forecasts from multiple institutions: Sumitomo Mitsui Banking Corporation: 0.2%; Royal Bank of Canada: 0.2%; JPMorgan Chase: 0.3%; Goldman Sachs Group: 0.3%; Bank of Montreal: 0.3%; Moody's Corporation: 0.3%; Standard Chartered: 0.3%; UniCredit: 0.3%; ING Group: 0.3%; HSBC Holdings: 0.3%; BNP Paribas: 0.4%; Wells Fargo: 0.4%; Capital Economics: 0.4%; Citigroup: 0.4%; Deutsche Bank: 0.4%; Nomura Securities: 0.4%; Pantheon Macroeconomics: 0.4%; Société Générale: 0.4%; Scotiabank: 0.4%; Morgan Stanley: 0.4%

1 seconds ago

DA Davidson Raises Micron’s Price Target to $2,000, Retains Buy Rating

U.S. investment bank DA Davidson released a research note stating that Micron Technology has entered a new phase with one of the best performance visibility in the semiconductor industry, a stark contrast to its past standing in the sector. Driven by another quarter of results that handily exceeded expectations and positive forward guidance, Micron’s stock price surged sharply. These signals indicate that the current memory chip boom cycle is far from over. While the company is ramping up capacity investments (with capital expenditure (CAPEX) projected to hit $10 billion in the fourth quarter of fiscal 2026, which will bring additional supply), management expects the memory market to remain tight on supply and demand at least through 2027. Against this backdrop, DA Davidson reiterated its "Buy" rating on Micron and raised its price target from $1,500 to $2,000, equivalent to a 20x price-to-earnings (P/E) ratio based on the company’s 2026 calendar year expected earnings per share (EPS).

1 seconds ago

Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.

Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.

1 seconds ago
2026-06-25 09:57 2mo ago
2026-06-24 10:41 2mo ago
Using Donations to Buy a Ferrari? UK Reform Party Leader Calls Tether Shareholders' $6.7 Million Donation an "Unconditional Gift"
BTC Bitcoin USDT Tether
CoinGecko News
Original source text
Analyst: Micron’s financial report indicates short-term fluctuations can be ignored as long as earnings prospects underpin its high valuation.

Senior Market Analyst Daniela Hathorn stated, "As Micron Technology's earnings report once again confirms that the AI investment cycle remains solid, the U.S. stock market has recouped some of its losses. This has boosted market sentiment across the entire semiconductor sector—after high-growth individual stocks underperformed earlier—indicating that as long as profit prospects continue to support high valuations, investors are still willing to overlook short-term fluctuations."

9 minutes ago

Circle partners with Nomura Securities to enter the Japanese yen foreign exchange settlement service market.

Stablecoin issuer Circle plans to collaborate with Nomura Securities to launch instant foreign currency settlement for Japanese corporate clients as early as 2027. The initiative will enable large cross-border transactions to be completed immediately, aiming to boost cross-border investment and trade. This will mark the first entry of a major stablecoin issuer into Japan’s corporate transaction market, allowing companies to convert yen into US dollar-denominated stablecoins for investment and instant transfers.

9 minutes ago

Institutions' Preview: Overview of US May Core PCE Price Index Monthly Rate

The US May core Personal Consumption Expenditures (PCE) Price Index monthly rate will be released tonight at 20:30 (UTC+8). Below are the forecasts from multiple institutions: Sumitomo Mitsui Banking Corporation: 0.2%; Royal Bank of Canada: 0.2%; JPMorgan Chase: 0.3%; Goldman Sachs Group: 0.3%; Bank of Montreal: 0.3%; Moody's Corporation: 0.3%; Standard Chartered: 0.3%; UniCredit: 0.3%; ING Group: 0.3%; HSBC Holdings: 0.3%; BNP Paribas: 0.4%; Wells Fargo: 0.4%; Capital Economics: 0.4%; Citigroup: 0.4%; Deutsche Bank: 0.4%; Nomura Securities: 0.4%; Pantheon Macroeconomics: 0.4%; Société Générale: 0.4%; Scotiabank: 0.4%; Morgan Stanley: 0.4%

9 minutes ago

DA Davidson Raises Micron’s Price Target to $2,000, Retains Buy Rating

U.S. investment bank DA Davidson released a research note stating that Micron Technology has entered a new phase with one of the best performance visibility in the semiconductor industry, a stark contrast to its past standing in the sector. Driven by another quarter of results that handily exceeded expectations and positive forward guidance, Micron’s stock price surged sharply. These signals indicate that the current memory chip boom cycle is far from over. While the company is ramping up capacity investments (with capital expenditure (CAPEX) projected to hit $10 billion in the fourth quarter of fiscal 2026, which will bring additional supply), management expects the memory market to remain tight on supply and demand at least through 2027. Against this backdrop, DA Davidson reiterated its "Buy" rating on Micron and raised its price target from $1,500 to $2,000, equivalent to a 20x price-to-earnings (P/E) ratio based on the company’s 2026 calendar year expected earnings per share (EPS).

9 minutes ago

Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.

Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.

9 minutes ago
2026-06-25 09:57 2mo ago
2026-06-24 23:26 2mo ago
BSTR Vote Delay Stalls Adam Back’s Push to Challenge Bitcoin Treasury Leaders
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BSTR Vote Delay Stalls Adam Back’s Push to Challenge Bitcoin Treasury Leaders
2026-06-25 09:57 2mo ago
2024-10-30 02:55 1yr ago
Peter Schiff Asks Followers If MicroStrategy Can Tower This Gold Mining Giant In Marketcap — Here's The Message They Delivered
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Original source text
Renowned economist Peter Schiff questioned the soaring market capitalization of Bitcoin (CRYPTO: BTC) proxy company MicroStrategy Inc. (NASDAQ:MSTR) compared to gold mining companies.

What Happened: In a recent X post, Schiff pointed out that MicroStrategy, despite not earning or producing much, has a market valuation exceeding all gold mining companies except for Newmont Corporation (NYSE:NEM), the largest in the sector.

Schiff even initiated an X poll, asking his followers if MicroStrategy’s market cap will eventually surpass Newmont’s. As things turned out, more than 83% voted in favor of such an outcome.

As of this writing, MicroStrategy has a market cap of $47.764 billion, narrowly trailing Newmont, which was valued at $54.42 billion. Since the beginning of the year, shares of MicroStrategy have popped an impressive 276.9%, while the gold-mining company has grown by 16.84% year-to-date.

The short-term performance also favors the Bitcoin development company, which jumped 53% over the month compared to Newmont, which fell 10.57% during the same period.

Comparing the technical indicators of the two stocks, all of MicroStrategy’s moving averages flashed a ‘Buy’ signal, while the momentum indicator Moving Average Convergence Divergence, which compares an asset’s long-term performance versus short-term, was also bullish, according to TradingView.

On the other hand, Newmont’s moving averages all indicated a ‘Sell’ signal, implying a bearish condition.

See Also: Jade City Launches MVP Platform To Revolutionize $50 Billion Jade Market With Blockchain

Powered by the Bitcoin strategy, MicroStrategy under Michael Saylor has outperformed many top players on Wall Street. With year-to-date gains of 272%, it netted higher returns this year than the “Magnificent 7” companies

As of this writing, the company held over $18 billion in Bitcoin on its books, according to bitcointreasuries.net.

Price Action: At the time of writing, Bitcoin was exchanging hands at $72,477.89, up 2.20% in the last 24 hours, according to data from Benzinga Pro. Bitcoin’s rally boosted shares of MicroStrategy up 1.14% to $258.24 on Tuesday.

Photo Courtesy: Wikimedia Commons

Read Next:

Remember The ‘Passports For Bitcoin’ Initiative In El Salvador? It’s Not Going So Well Market News and Data brought to you by Benzinga APIs

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2026-06-25 09:57 2mo ago
2024-11-20 10:31 1yr ago
MSTR Rises 3% In Wednesday Pre-Market: Michael Saylor's Company Is Now Worth More Than The Combined Market Caps Of World's Two Largest Gold Mining Companies
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MicroStrategy Inc. (NASDAQ:MSTR) is making headlines as its stock climbs in pre-market trading, driven by Bitcoin’s impressive rally. The company’s market value has now outstripped the combined worth of the world’s two largest gold mining companies.

The market capitalization of MicroStrategy stands at $96.732 billion, significantly higher than Newmont’s $49.16 billion and Barrick Gold’s $31.11 billion. This valuation boost follows the company’s recent acquisition of 51,780 Bitcoin, valued at $4.6 billion, completed between Nov. 11 and Nov.17.

Peter Schiff commented on the feat by MicroStrategy on Wednesday, “I wonder how much longer it will take before MSTR’s market cap exceeds the capitalization of the entire gold mining industry!”

See Also: Peter Schiff Pokes Fun Of MicroStrategy’s Bitcoin Purchase: ‘Michael Saylor Is Gonna Need A Bigger Plan’

Led by co-founder and chairman Michael Saylor, MicroStrategy has pivoted its strategy towards Bitcoin since 2020, viewing it as a hedge against inflation.

Meanwhile, Goldman Sachs has given a “go for gold” as a leading commodity trade for 2025, with prices expected to reach $3,000 per ounce by December 2025.

Read Next: 

Bitcoin, Ethereum, Dogecoin Rise Amid Tesla-Fueled Tech Stocks Rally: Popular Analyst Says BTC Could Reac Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

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2026-06-25 09:57 2mo ago
2024-11-20 14:59 1yr ago
MicroStrategy Upsizes Convertible Notes Offering To $2.6 Billion For Bitcoin Purchases
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The company plans to use the net proceeds to acquire additional Bitcoin and for general corporate purposes.

The 0% convertible senior notes, due 2029, will be offered to qualified institutional buyers under Rule 144A of the Securities Act and certain non-U.S. persons in compliance with Regulation S.

With an initial conversion price set at $672.40 per share—a 55% premium over the November 19 closing price—the offering highlights strong institutional demand.

MicroStrategy expects to raise $2.58 billion in net proceeds, potentially reaching $2.97 billion if initial purchasers exercise their option to acquire additional notes.

The offering is set to close on Nov. 21, pending customary conditions.

The upsized offering underscores MicroStrategy's commitment to Bitcoin as a treasury reserve asset, a strategy that has significantly boosted its market value.

Also Read: Robinhood Positioned As Top ‘Crypto Deregulation’ Trade, Says Bernstein

"MicroStrategy's market cap exceeding these gold giants demonstrates the transformative potential of Bitcoin," said Peter Schiff, who questioned whether MicroStrategy could soon surpass the entire gold mining industry's capitalization.

MicroStrategy's stock has surged 3.36% in pre-market trading, driven by Bitcoin's rally to over $94,000.

The company recently acquired 51,780 bitcoin between Nov. 11 and 17 for $4.6 billion, further consolidating its position as the largest corporate holder of the cryptocurrency.

Its Bitcoin holdings now exceed 331,000 BTC, with a cumulative acquisition cost of over $16 billion.

Executive chairman Michael Saylor has positioned Bitcoin as a hedge against inflation, a strategy initiated in 2020 that has paid off amid surging cryptocurrency prices.

While MicroStrategy doubles down on Bitcoin, other major players like Goldman Sachs (NYSE:GS) continue to focus on traditional assets.

Goldman recently projected gold prices to reach $3,000 per ounce by the end of 2025, emphasizing its role as a leading commodity trade.

Read Next: Coinbase CEO Brian Armstrong Backs DOGE Initiative: How Blockchain Could Transform Government Efficiency

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2026-06-25 09:56 2mo ago
2026-01-06 00:03 8mo ago
The ‘Singapore Collapse’ Went Viral: Here’s What’s Actually Happening
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The ‘Singapore Collapse’ Went Viral: Here’s What’s Actually Happening
2026-06-25 09:56 2mo ago
2026-05-14 13:01 3mo ago
DECRYPT: Tezos Tests Post-Quantum Privacy as Founder Slams 'Half-Baked' Bitcoin Quantum Theories
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Original source text
In brief Tezos launched TzEL, a post-quantum privacy system for blockchain payments on testnet. Arthur Breitman accused parts of the Bitcoin community of dismissing legitimate quantum risks. The project aims to protect encrypted blockchain transaction data from future decryption attacks. While practical quantum computers capable of breaking modern cryptography do not yet exist, Tezos co-founder Arthur Breitman said some pockets of the crypto industry are treating quantum computing like a conspiracy theory while ignoring a legitimate threat to blockchain privacy.

The warning comes as Tezos launches TzEL, a post-quantum privacy system on testnet designed to protect private payments and encrypted transaction data from future “harvest now, decrypt later” attacks. Breitman said Tezos is acting with “a sense of urgency,” while parts of the industry remain complacent about quantum threats in his view.

“Some projects are barely maintained and won’t be upgraded at all; but the important ones will be upgraded, mostly in a timely fashion,” Breitman told Decrypt.

Breitman took particular issue with some in the Bitcoin community promoting what he described as pseudo-scientific theories about quantum computing.

“There are Bitcoiners being applauded on stages for half-baked crank theories about quantum mechanics that fly in the face of established physics,” he said.

The cultural debate centers on whether blockchain networks should begin preparing now for a future where quantum computers could break the elliptic curve cryptography widely used across crypto today.

The concern is especially acute because blockchain data is permanent. By design, transactions and other data are stored publicly on-chain indefinitely, creating the potential for what security researchers call a “harvest now, decrypt later” attack.

In such a scenario, attackers collect blockchain data in the form of public keys and store them until quantum computers become powerful enough to break the cryptography protecting them, thus exposing private keys and allowing for funds to be stolen.

One challenge facing post-quantum privacy systems, however, is scale. Quantum-resistant zk-STARK proofs are substantially larger than the proofs used in many existing blockchain privacy tools, creating storage and throughput problems. Breitman said that Tezos is equipped to handle that challenge.

“Post-quantum shielded transactions can take up a lot of space,” he said. “Tezos has a functioning data availability layer that can absorb them without increasing the load for consensus nodes.”

The project remains experimental, and Breitman said several steps still need to happen before broader deployment. He added that Tezos has also started introducing post-quantum signature support for user accounts as part of a broader effort to prepare the network for future threats.

“The fact the encrypted memo can be decrypted in the future means there is value in switching early,” Breitman said. “Work to make the entirety of Tezos post-quantum is active and ongoing.”

Breitman argued the industry still has time to prepare for quantum threats, but warned that developers are underestimating how quickly that window could close. His comments also come as recent reports from quantum security firm Project Eleven warned that “Q-Day,” the point at which quantum computers become capable of breaking modern cryptography, could arrive as early as 2030.

“The main risk is complacency among developers,” he said. “Elliptic curve signatures won’t be broken in a few months, but there’s a good chance they’ll be broken in a few years. That leaves enough time to upgrade, but not enough to quibble.”

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2026-06-25 09:56 2mo ago
2026-05-14 13:01 3mo ago
Tezos Tests Post-Quantum Privacy as Founder Slams 'Half-Baked' Bitcoin Quantum Theories
BTC Bitcoin XTZ Tezos
CoinGecko News
Original source text
In brief Tezos launched TzEL, a post-quantum privacy system for blockchain payments on testnet. Arthur Breitman accused parts of the Bitcoin community of dismissing legitimate quantum risks. The project aims to protect encrypted blockchain transaction data from future decryption attacks. While practical quantum computers capable of breaking modern cryptography do not yet exist, Tezos co-founder Arthur Breitman said some pockets of the crypto industry are treating quantum computing like a conspiracy theory while ignoring a legitimate threat to blockchain privacy.

The warning comes as Tezos launches TzEL, a post-quantum privacy system on testnet designed to protect private payments and encrypted transaction data from future “harvest now, decrypt later” attacks. Breitman said Tezos is acting with “a sense of urgency,” while parts of the industry remain complacent about quantum threats in his view.

“Some projects are barely maintained and won’t be upgraded at all; but the important ones will be upgraded, mostly in a timely fashion,” Breitman told Decrypt.

Breitman took particular issue with some in the Bitcoin community promoting what he described as pseudo-scientific theories about quantum computing.

“There are Bitcoiners being applauded on stages for half-baked crank theories about quantum mechanics that fly in the face of established physics,” he said.

The cultural debate centers on whether blockchain networks should begin preparing now for a future where quantum computers could break the elliptic curve cryptography widely used across crypto today.

The concern is especially acute because blockchain data is permanent. By design, transactions and other data are stored publicly on-chain indefinitely, creating the potential for what security researchers call a “harvest now, decrypt later” attack.

In such a scenario, attackers collect blockchain data in the form of public keys and store them until quantum computers become powerful enough to break the cryptography protecting them, thus exposing private keys and allowing for funds to be stolen.

One challenge facing post-quantum privacy systems, however, is scale. Quantum-resistant zk-STARK proofs are substantially larger than the proofs used in many existing blockchain privacy tools, creating storage and throughput problems. Breitman said that Tezos is equipped to handle that challenge.

“Post-quantum shielded transactions can take up a lot of space,” he said. “Tezos has a functioning data availability layer that can absorb them without increasing the load for consensus nodes.”

The project remains experimental, and Breitman said several steps still need to happen before broader deployment. He added that Tezos has also started introducing post-quantum signature support for user accounts as part of a broader effort to prepare the network for future threats.

“The fact the encrypted memo can be decrypted in the future means there is value in switching early,” Breitman said. “Work to make the entirety of Tezos post-quantum is active and ongoing.”

Breitman argued the industry still has time to prepare for quantum threats, but warned that developers are underestimating how quickly that window could close. His comments also come as recent reports from quantum security firm Project Eleven warned that “Q-Day,” the point at which quantum computers become capable of breaking modern cryptography, could arrive as early as 2030.

“The main risk is complacency among developers,” he said. “Elliptic curve signatures won’t be broken in a few months, but there’s a good chance they’ll be broken in a few years. That leaves enough time to upgrade, but not enough to quibble.”

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2026-06-25 09:55 2mo ago
2026-06-22 09:25 2mo ago
Geopolitical Unrest Stirs Market Sentiment, Is Bitcoin Becoming More Correlated with the Stock Market?
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Original source text
Analyst: Micron’s financial report indicates short-term fluctuations can be ignored as long as earnings prospects underpin its high valuation.

Senior Market Analyst Daniela Hathorn stated, "As Micron Technology's earnings report once again confirms that the AI investment cycle remains solid, the U.S. stock market has recouped some of its losses. This has boosted market sentiment across the entire semiconductor sector—after high-growth individual stocks underperformed earlier—indicating that as long as profit prospects continue to support high valuations, investors are still willing to overlook short-term fluctuations."

8 minutes ago

Circle partners with Nomura Securities to enter the Japanese yen foreign exchange settlement service market.

Stablecoin issuer Circle plans to collaborate with Nomura Securities to launch instant foreign currency settlement for Japanese corporate clients as early as 2027. The initiative will enable large cross-border transactions to be completed immediately, aiming to boost cross-border investment and trade. This will mark the first entry of a major stablecoin issuer into Japan’s corporate transaction market, allowing companies to convert yen into US dollar-denominated stablecoins for investment and instant transfers.

8 minutes ago

Institutions' Preview: Overview of US May Core PCE Price Index Monthly Rate

The US May core Personal Consumption Expenditures (PCE) Price Index monthly rate will be released tonight at 20:30 (UTC+8). Below are the forecasts from multiple institutions: Sumitomo Mitsui Banking Corporation: 0.2%; Royal Bank of Canada: 0.2%; JPMorgan Chase: 0.3%; Goldman Sachs Group: 0.3%; Bank of Montreal: 0.3%; Moody's Corporation: 0.3%; Standard Chartered: 0.3%; UniCredit: 0.3%; ING Group: 0.3%; HSBC Holdings: 0.3%; BNP Paribas: 0.4%; Wells Fargo: 0.4%; Capital Economics: 0.4%; Citigroup: 0.4%; Deutsche Bank: 0.4%; Nomura Securities: 0.4%; Pantheon Macroeconomics: 0.4%; Société Générale: 0.4%; Scotiabank: 0.4%; Morgan Stanley: 0.4%

8 minutes ago

DA Davidson Raises Micron’s Price Target to $2,000, Retains Buy Rating

U.S. investment bank DA Davidson released a research note stating that Micron Technology has entered a new phase with one of the best performance visibility in the semiconductor industry, a stark contrast to its past standing in the sector. Driven by another quarter of results that handily exceeded expectations and positive forward guidance, Micron’s stock price surged sharply. These signals indicate that the current memory chip boom cycle is far from over. While the company is ramping up capacity investments (with capital expenditure (CAPEX) projected to hit $10 billion in the fourth quarter of fiscal 2026, which will bring additional supply), management expects the memory market to remain tight on supply and demand at least through 2027. Against this backdrop, DA Davidson reiterated its "Buy" rating on Micron and raised its price target from $1,500 to $2,000, equivalent to a 20x price-to-earnings (P/E) ratio based on the company’s 2026 calendar year expected earnings per share (EPS).

8 minutes ago

Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.

Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.

8 minutes ago
2026-06-25 09:55 2mo ago
2025-11-30 19:40 9mo ago
Bitcoin Surges Past $91,000 as Ethereum and Ontology Bring Upgrades
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Bitcoin (BTC) $60,983 has exceeded $91,000 as the week and the month of November come to a close. While the graphical data remains calm and trading volumes low, altcoins predominantly exhibit lateral movements. However, the upcoming week promises significant developments for both Ethereum $1,623 and Ontology (ONT).

Ontology (ONT) DevelopmentsOntology is set to launch its MainNet v3.0.0 and Consensus Nodes upgrade on December 1, 2025. This update will enhance network performance and implement an approved update to ONG tokenomics. The ONT token is utilized for network governance. Meanwhile, ONG, as a gas token, covers transaction fees, smart contract executions, and the costs of dApp interactions.

The update in ONG tokenomics will limit the ONG supply to 800 million and extend the issuance schedule from 18 to 19 years. 80% of the released ONG will be allocated to incentivize ONT staking.

Upcoming Ethereum FusakaThe Fusaka upgrade, named from a blend of “Fulu” and “Osaka,” represents this year’s second major network upgrade for Ethereum and will be implemented on Wednesday. This update is expected to bolster the core layer of Ethereum, facilitating improved management of high-volume transactions from Layer2 solutions, enhancing the entire Ethereum ecosystem.

A pivotal feature of this update is PeerDAS, which allows validators to check only data segments instead of entire blobs. This approach balances bandwidth demand and reduces costs for validators and Layer2 networks. Key for investors is the improvement in cost efficiency and transaction speed.

This upgrade, highly praised by Fidelity Digital Assets and other institutions, is seen as a crucial step in preparing the Ethereum network for the future. Tokenization is currently a hot topic, and Ethereum stands at its center. Fusaka is expected to produce positive results in strengthening the main network’s efficiency and enabling various Layer2 solutions in tokenization processes.

Fusaka is more than a one-time upgrade; it signals the continuation of essential improvements for Ethereum. The path embarked upon is incredibly positive for maintaining a cost-effective, economically sustainable, and competitively viable Ethereum. While the long-term impacts will be evident, in the short term, Ether’s price will be driven by investor appetite rather than developer enthusiasm.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
2026-06-25 09:53 2mo ago
2020-04-09 20:11 6yr ago
Winklevoss-backed Gemini to list Chainlink, price soars 15 percent
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In brief Gemini will soon list three new cryptocurrencies on its exchange. Prices for Orchid and Chainlink are up big on the news. New York-based cryptocurrency exchange Gemini today announced that it’s adding three new cryptocurrencies to its list of digital offerings: Chainlink (LINK), Dai (DAI) and Orchid (OXT).

While the three tokens will not be available on the exchange until April 24, news of the forthcoming listing is already driving considerable interest for these coins: prices for OXT and LINK, for example, skyrocketed today between 10% and 15%, respectively.

Once the coins are listed on the Winklevoss-backed exchange, Gemini customers will be able to deposit them into their online wallets and start trading soon after. Gemini says it will also be offering USD, Bitcoin and Ethereum trading pairs for LINK, DAI and OXT.

This will bring the total number of cryptocurrencies supported and offered by Gemini to nine. Aside from these three new additions, Gemini also supports Bitcoin, Litecoin, Zcash (ZEC) and Basic Attention Token (BAT). It also offers custody services for 15 coins, including 0x (ZRX), Bread (BRD), Decentraland (MANA) and its own stablecoin Gemini USD (GUSD).

While DAI is also a stablecoin—meaning it’s designed to protect users against volatility—the news appears to have positively influenced the prices of both Chainlink and Orchid.

Orchid’s OXT is now trading for $0.15 per coin, a price level it hasn’t seen since before the mid-March crypto crash. Chainlink, meanwhile, is now priced at $3.40, making it today’s best performing asset in the industry’s top 20 coins by market cap.

In fact, Chainlink has gained more than $1 on its price since the beginning of the week. It’s the first time LINK has soared above the $3 line in nearly a month. Today’s surge marks a one-day gain of $0.60 for the world’s 11th largest cryptocurrency, which powers the “oracle of oracles” network. 

Chainlink broadcasts Internet data on the Ethereum blockchain for use in smart contracts. The other network getting some shine today, Orchid, is predominantly used by those seeking additional privacy to purchase virtual private networking (VPN) bandwidth.

“These assets expand the range of our platform and further our mission to empower the individual through crypto,” Gemini wrote on its blog page. “We look forward to continuing to bring mission-oriented projects to you in the future.”

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2026-06-25 09:53 2mo ago
2024-12-26 08:00 1yr ago
OMG! The 4 Altcoins Whales Are Quietly Accumulating – Find Out Why
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Original source text
OMG! The 4 Altcoins Whales Are Quietly Accumulating – Find Out Why
2026-06-25 09:53 2mo ago
2025-02-03 11:35 1yr ago
Billions Wiped Out As Trump Tariffs Spark Renewed Inflation Fears
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CoinGecko News
Original source text
Stock markets are ready for extreme volatility following the weekend crypto sell-off.

Roughly $2.2 billion was liquidated from the cryptocurrency market in the last 24 hours following President Donald Trump’s announcement of tariffs on imports from Canada, Mexico, and China, according to data from Coinglass.

OMG! Table of Contents

OMG!Trump’s New Tariffs May Spark InflationGet 3 Free Stock Ebooks Bitcoin, the largest cryptocurrency by market cap, plummeted to a low of $92,500 on Sunday night, according to CoinMarketCap data, after failing to hold above $100,000 as soon as tariff news surfaced. It is currently hovering around $93,000, down 6.5% in the last 24 hours.

Bitcoin’s decline, however, was dwarfed by the losses seen in other digital assets. During the same timeframe, Ethereum, Solana, and numerous other altcoins saw their values slashed by double-digits.

Ethereum (ETH) plummeted 20% to $2,400, while XRP and Dogecoin (DOGE) each crashed 24%. Cardano (ADA) tumbled 25%, Binance Coin (BNB) shed 15%, and Solana (SOL) fell 15%. The cryptocurrency market cap fell 10% to $3 trillion.

The sharp market sell-off marked the largest single-day liquidation event in crypto history. This event surpassed previous major market sell-offs associated with the COVID-19 crisis and the FTX collapse.

According to Coinglass, the downturn triggered massive liquidations in the cryptocurrency derivatives market, with over $1.8 billion in long positions wiped out across leading trading platforms and $345 million in short positions.

As of the latest data, Ether took the brunt of losses, with a whopping $603 million in liquidations in the past day. Bitcoin wasn’t far behind at $407 million while a combined $435 million in liquidations hit a bunch of other altcoins. XRP saw a hefty $115 million wiped out, while SOL and DOGE clocked in at $85 million and $83 million, respectively.

On February 1, Trump announced new tariffs on imports from Canada, Mexico, and China, set to take effect on February 4. The tariffs include a 25% levy on goods from Canada and Mexico and a 10% tariff on Chinese imports.

Trump has stated that these measures are necessary to combat illegal immigration and drug trafficking, which he has labeled a national emergency.

The tariffs will apply to all imports except Canadian energy resources, which will face a reduced tariff of 10%. Goods already in transit before the announcement are exempt from these tariffs.

However, economists warn that Trump’s planned tariffs could inflate prices across various sectors, including automobiles and food products. Affected businesses, in order to maintain profitability, often pass these increased costs along to U.S. consumers in the form of higher prices for the final products, which ultimately contributes to inflation.

After a trio of rate cuts last year, the Federal Reserve (Fed) kept interest rates on hold in the range of 4.25% to 4.5% during its January 2025 meeting. Fed Chair Jerome Powell stated that the central bank is not in a hurry to lower rates as recent economic indicators show solid expansion and a stable labor market.

The latest inflation data indicate that the annual inflation rate in the U.S. rose to 2.9% for the 12 months ending December 2024, up from 2.7% in November. This means inflation has been on the rise in three consecutive months.

The unemployment rate has remained low, and while inflation has shown signs of being persistent, the Fed is cautious about making additional cuts that could exacerbate inflationary pressures.

Canada and Mexico have signaled intentions to retaliate against Trump’s new tariffs. Canadian Prime Minister Justin Trudeau announced that Canada would implement 25% tariffs on approximately $155 billion worth of U.S. goods.

Mexican President Claudia Sheinbaum has also ordered retaliatory tariffs; however, specific rates and targeted products have not yet been detailed.

Global markets around the world are bracing for volatile trading on Monday as investors assess the potential fallout from President Trump’s tariff announcement. As trading commenced, the U.S. dollar strengthened while the Canadian dollar and peso weakened.

Nicholas Say

Nicholas Say was born in Ann Arbor, Michigan. He has traveled extensively, lived in Uruguay for many years, and currently resides in the Far East. His writing can be found all over the web, with special emphasis placed on realistic development, and the next generation of human technology.
2026-06-25 09:53 2mo ago
2022-09-16 10:05 3yr ago
Coinbase Japan Almost Doubles the Number of Tokens it Lists
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Tim Alper

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Tim Alper

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About Author

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

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June 26, 2023

Source: Jezael Melgoza/UnsplashThe crypto exchange Coinbase Japan has almost doubled the number of tokens it lists on its platform, taking the total of coins listed from six to 11 – a suggestion that Japanese exchanges could start significantly expanding the number of tokens they handle.

On Twitter, the exchange’s Japanese arm wrote that it had begun trading chainlink (LINK), enjin Coin (ENJ), OMG (OMG), ethereum classic (ETC), and basic attention token (BAT).

The firm launched its Japanese branch in August last year, listing an initial three tokens. It has since added another three. But the listing process is notoriously difficult in Japan. Until very recently, all token listing applications had to be approved by the self-regulatory Japan Virtual and Crypto Assets Exchange Association (JVCEA) – in a process that could often take several months to complete.

Source: CoinbaseEarlier this year, however, the JVCEA announced its intention to streamline the process and allow exchanges to cut corners, particularly in instances whereby an exchange wants to list a token that has already been listed on a domestic rival’s platform.

The regulatory Financial Services Agency says it wants to have the final say on listing policy changes, but looks to be begrudgingly following suit with the government’s relatively pro-crypto stance.

Japanese Exchanges Hope to List More TokensPrime Minister Fumio Kishida has spoken about Web3 in glowing terms, and has agreed to make a number of concessions to the domestic crypto sector. Japanese businesses working in the crypto space have claimed of over-regulation, while political opponents say that Japanese crypto talent and capital are both flowing overseas.

As such, exchanges have been taking advantage – and some are now rapidly expanding the number of coins they list. While at the start of the year, no exchange listed more than 20 tokens, some are on course to end the year with as many as 30 coins on their platforms.

Coinbase’s own entry into the Japanese market was a slow process. Japan’s crypto exchange scene is dominated by domestic startups like bitFlyer.

Source: CoinMarketCapLarger Japanese conglomerates’ crypto subsidiaries are also active on the scene, as are platforms that are run by local securities firms – such as Coincheck.

Source: CoinMarketCapBut Coinbase’s entry made headlines after the firm last year announced its launch in partnership with Mitsubishi UFJ Financial Group, one of the largest banks in the country.
2026-06-25 09:53 2mo ago
2024-04-15 12:36 2yr ago
Focus of Corporate Giant Whales Changed: "They Sold Bitcoin, Ethereum and Solana, Invested in Three Different Altcoins!"
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CoinGecko News
Original source text
15.04.2024 - 12:36

Update: 15.04.2024 - 12:36

Following the tension between Iran and Israel over the weekend, there were sharp declines in Bitcoin and altcoins. While BTC dropped to $60,700, altcoins also experienced major losses.

While BTC and the market were slowly recovering after the sharp decline over the weekend, CoinShares published its weekly cryptocurrency report.

Stating that cryptocurrency investment products experienced small outflows of $126 million last week, Coinshares said that the positive price momentum has stopped.

“Cryptocurrency investment products saw small outflows of $126 million last week.

“Investors appear hesitant as positive price momentum has stalled.”

Ethereum (ETH) and Solana (SOL) Sales Continue! When looking at crypto funds individually, it was seen that the majority of fund outflows were in Bitcoin.

While BTC experienced an outflow of $110 million, the largest altcoin Ethereum (ETH) also saw an outflow of $28.7 million.

There was an inflow of $1.7 million in the Bitcoin Short fund, which was indexed to the decline of BTC.

When we look at other altcoins, Litecoin (LTC) experienced an inflow of 1.6 million dollars, Polkadot (DOT) 0.8 million dollars, Decentraland (MANA) 4.9 million dollars, and LIDO 1.8 million dollars; Solana (SOL) experienced a $3.6 million outflow.

“Bitcoin saw outflows of $110 million but maintained positive inflows of $555 million since the beginning of the month. Short-bitcoin broke a 3-week outflow streak with small inflows of $1.7 million, likely taking advantage of recent price weakness.

Ethereum was the altcoin that suffered the most relative damage last week, with an outflow of $29 million, marking its 5th consecutive weekly outflow.

Aside from Solana seeing $3.6 million in outflows last week, altcoins had another good week. More esoteric names like Decentraland, Basic Attention Token, and LIDO saw inflows of $4.9 million, $2.9 million, and $1.8 million, respectively.”

When looking at regional fund inflows and outflows, it was seen that the USA ranked first with an outflow of 145 million dollars.

After the USA, Canada ranked second with 6 million dollars.

Against these outflows, Germany lost 28.6 million dollars; Brazil experienced an inflow of 3 million dollars.

*This is not investment advice.

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2026-06-25 09:53 2mo ago
2025-05-08 13:15 1yr ago
Browser-based crypto mining in 2025: Still viable or virtually dead?
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CoinGecko News
Original source text
Browser-based crypto mining in 2025: Still viable or virtually dead?
2026-06-25 09:53 2mo ago
2025-07-30 03:30 1yr ago
10 Ways Ethereum Changed Crypto Over the Past Decade
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CoinGecko News
Original source text
10 Ways Ethereum Changed Crypto Over the Past Decade
2026-06-25 09:52 2mo ago
2025-08-04 17:10 1yr ago
Midnight Tokenomics Explained: What NIGHT and DUST Actually Do
ADA Cardano AVAX Avalanche BAT Basic Attention Token BNB BNB BTC Bitcoin ETH Ethereum MULTI Multichain SOL Solana XRP Ripple
CoinGecko News
Original source text
Midnight Tokenomics Explained: What NIGHT and DUST Actually Do
2026-06-25 09:52 2mo ago
2025-08-05 14:14 1yr ago
Cardano Opens Midnight Airdrop Claim Portal for XRP and ADA Users
ADA Cardano AVAX Avalanche BAT Basic Attention Token BNB BNB BTC Bitcoin ETH Ethereum PORTAL Portal SOL Solana XRP Ripple
CoinGecko News
Original source text
The team behind the Midnight Network has launched the claim portal for the Glacier Drop, opening up the first phase of the NIGHT token distribution. 

Following the launch, 33.6 million eligible addresses across eight major blockchains can now claim their free NIGHT tokens on the portal. The supported blockchains include XRP Ledger, Cardano, Solana, Bitcoin, BNB, Ethereum, Basic Attention Token, and Avalanche. 

Notably, the Glacier Drop portal went live just a day after Cardano founder Charles Hoskinson teased its launch in a cryptic tweet. It was captioned “tomorrow kids” and was accompanied by a GIF, which reads “So it begins.” 

Expectedly, the post elicited several reactions, with users suggesting that the team was preparing to launch the Glacier Drop claim portal. Interestingly, the portal has gone live, enabling eligible users to claim their NIGHT tokens. 

BREAKING: Midnight has opened the claim portal for the Glacier Drop 🔥

A free $NIGHT token distribution is now live for 33.6 million eligible addresses across $ADA, $BTC, $ETH, $XRP, $SOL, $BAT, $BNB, and $AVAX.

Cardano $ADA holders are eligible for the largest share. pic.twitter.com/itxmHygKpG

— Cardanians (CRDN) (@Cardanians_io) August 5, 2025

How to Claim NIGHT  Users can claim their tokens in four steps. The first step involves visiting the claim portal and connecting the “origin address.” It is worth noting that the origin address is the same as the one that qualified for the airdrop. 

Upon connecting this address, users can provide a destination address to receive the free NIGHT allocations. To complete the claim, users must accept the terms and conditions and also sign the transactions. 

Phases of NIGHT Airdrop  The Glacier Drop, which is the first phase of the claim, will last 60 days. Once this phase ends, the Scavenger Mine–the second phase–will commence immediately for the next 30 days. 

During this phase, users are required to complete computational tasks to earn a share of unclaimed tokens. Eligible users who missed the Glacier Drop will be presented with another opportunity to claim their tokens in a subsequent phase dubbed Lost-and-Found. Any unclaimed tokens after this event will be allocated to the Midnight treasury. 

ADA Holders Remain Biggest Gainers  Although the Glacier Drop supports addresses from major blockchains, Cardano users will receive the lion’s share. As previously reported, 50% of NIGHT’s token supply, equivalent to 12 billion tokens, is reserved for ADA holders. 20% of the supply, translating to 4.8 billion tokens, will be allocated to eligible users on the Bitcoin network. 

The remaining 30% supply, or 7.2 billion NIGHT, will be split among Avalanche, XRPL, Solana, Basic Attention Token, BNB, and Ethereum users. 

According to sources, Over 33 million addresses are eligible for claims:

ADA: 1,072,307

BTC: 17,562,278

XRP: 2,213,942

ETH: 7,862,092

SOL: 3,465,122

BNB: 1,213,677

AVAX: 227,793

BAT: 24,605

Users’ individual holdings of eligible tokens at the time of the snapshot will determine the amount of tokens they will receive. 

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
2026-06-25 09:52 2mo ago
2025-09-01 14:54 1yr ago
How to Claim NIGHT Tokens in Midnight’s Glacier Drop
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CoinGecko News
Original source text
How to Claim NIGHT Tokens in Midnight’s Glacier Drop
2026-06-25 09:52 2mo ago
2025-07-23 08:13 1yr ago
Analyst Says People Will Regret Not Going All In on XRP
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CoinGecko News
Original source text
Analyst Oscar Ramos is doubling down on his bullish stance for XRP, warning that many will come to regret not going all-in on the asset.

This follows his earlier statement from two weeks ago, in which he urged investors to prioritize XRP amid shifting market momentum. Since that call, XRP has surged by more than 50%, validating his conviction.

XRP Surged 52.5% in Two Weeks Specifically, Ramos first advised making XRP a portfolio priority on July 10, just before the market’s latest breakout phase. At the time, Bitcoin had pushed to new highs and was helping to lift the broader altcoin market. XRP, benefiting from multiple positive developments, emerged as one of the top performers.

Since that tweet, XRP has rallied from around $2.40 to a high of $3.66 on July 18, a 52.5% gain in just two weeks. As of now, XRP is consolidating and trading at $3.49, still holding onto most of its gains, with a modest 0.85% increase in the past 24 hours.

Why the Rally Has Legs Notably, Ramos’ thesis is grounded in key factors beyond hype. His earlier tweet came amid a series of positive developments surrounding XRP’s ecosystem. These include Ripple’s push for institutional integration, the growing relevance of the RLUSD stablecoin, and mounting ETF speculation.

One major development was Ripple naming BNY as the official custodian for RLUSD, the XRP Ledger’s native stablecoin. The partnership aims to accelerate institutional adoption by linking traditional banking with blockchain infrastructure.

RLUSD, which uses XRP to settle fees, has also surpassed TrueUSD and Tron’s USDD, with a market cap exceeding $532 million.

XRP ETF Momentum and Whale Accumulation XRP also saw a flurry of ETF-related announcements during the same two-week period. ProShares was set to launch multiple futures-based XRP ETFs on July 14. Turtle Capital and Volatility Shares planned to follow with 2X leveraged versions on July 21.

As of press time, these products have not yet commenced trading. Their eventual launch would represent a major step toward making XRP more accessible to institutional investors, even as the SEC continues to delay decisions on more than ten pending spot XRP ETF filings.

Meanwhile, large holders are acting accordingly. Data from Santiment shows that the number of wallets holding at least one million XRP has reached record levels. These whales control more than 47 billion XRP.

Retail investors are also joining the trend. More recent data from Santiment shows that XRP’s climb coincided with the creation of 6,939 new wallets in a single day in July, the highest since March.

Also, Social media buzz has surged, with XRP capturing 5.5% of all crypto-related discussions, reflecting heightened retail interest.

“People Will Regret It,” Says Ramos For market watchers like Ramos, not prioritizing XRP amid this lineup of bullish factors could prove to be a major regret for crypto investors. 

Indeed, some leading industry voices like Dave Portnoy are already publicly expressing remorse for fading XRP. Portnoy disclosed that he liquidated a $3 million XRP portfolio just before the coin surged by 60%.

However, not everyone agrees with focusing on a single crypto during this bull run. For instance, X user Nina argued that investors should avoid overexposing themselves to one asset and instead plan their strategies to mitigate risk.

Whether it is XRP or other cryptocurrencies, you should not invest all your money in one, you need to plan a strategy to avoid risks.

— NINA (@nina_NNLV) July 22, 2025

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
2026-06-25 09:52 2mo ago
2025-10-22 11:50 10mo ago
European Sovereign Blockchain Network LTIN Officially Launched
BTC Bitcoin ZIL Zilliqa
CoinGecko News
Original source text
Analyst: Micron’s financial report indicates short-term fluctuations can be ignored as long as earnings prospects underpin its high valuation.

Senior Market Analyst Daniela Hathorn stated, "As Micron Technology's earnings report once again confirms that the AI investment cycle remains solid, the U.S. stock market has recouped some of its losses. This has boosted market sentiment across the entire semiconductor sector—after high-growth individual stocks underperformed earlier—indicating that as long as profit prospects continue to support high valuations, investors are still willing to overlook short-term fluctuations."

4 minutes ago

Circle partners with Nomura Securities to enter the Japanese yen foreign exchange settlement service market.

Stablecoin issuer Circle plans to collaborate with Nomura Securities to launch instant foreign currency settlement for Japanese corporate clients as early as 2027. The initiative will enable large cross-border transactions to be completed immediately, aiming to boost cross-border investment and trade. This will mark the first entry of a major stablecoin issuer into Japan’s corporate transaction market, allowing companies to convert yen into US dollar-denominated stablecoins for investment and instant transfers.

4 minutes ago

Institutions' Preview: Overview of US May Core PCE Price Index Monthly Rate

The US May core Personal Consumption Expenditures (PCE) Price Index monthly rate will be released tonight at 20:30 (UTC+8). Below are the forecasts from multiple institutions: Sumitomo Mitsui Banking Corporation: 0.2%; Royal Bank of Canada: 0.2%; JPMorgan Chase: 0.3%; Goldman Sachs Group: 0.3%; Bank of Montreal: 0.3%; Moody's Corporation: 0.3%; Standard Chartered: 0.3%; UniCredit: 0.3%; ING Group: 0.3%; HSBC Holdings: 0.3%; BNP Paribas: 0.4%; Wells Fargo: 0.4%; Capital Economics: 0.4%; Citigroup: 0.4%; Deutsche Bank: 0.4%; Nomura Securities: 0.4%; Pantheon Macroeconomics: 0.4%; Société Générale: 0.4%; Scotiabank: 0.4%; Morgan Stanley: 0.4%

4 minutes ago

DA Davidson Raises Micron’s Price Target to $2,000, Retains Buy Rating

U.S. investment bank DA Davidson released a research note stating that Micron Technology has entered a new phase with one of the best performance visibility in the semiconductor industry, a stark contrast to its past standing in the sector. Driven by another quarter of results that handily exceeded expectations and positive forward guidance, Micron’s stock price surged sharply. These signals indicate that the current memory chip boom cycle is far from over. While the company is ramping up capacity investments (with capital expenditure (CAPEX) projected to hit $10 billion in the fourth quarter of fiscal 2026, which will bring additional supply), management expects the memory market to remain tight on supply and demand at least through 2027. Against this backdrop, DA Davidson reiterated its "Buy" rating on Micron and raised its price target from $1,500 to $2,000, equivalent to a 20x price-to-earnings (P/E) ratio based on the company’s 2026 calendar year expected earnings per share (EPS).

4 minutes ago

Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.

Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.

4 minutes ago
2026-06-25 09:52 2mo ago
2025-11-06 05:43 10mo ago
Bitcoin Exchange Binance Announces Support for This Altcoin's Network Upgrade and Hard Fork! Here Are the Details
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CoinGecko News
Original source text
06.11.2025 - 05:43

Update: 06.11.2025 - 05:43

Binance, one of the world's largest cryptocurrency exchanges, announced that it will support the planned network upgrade and hard fork process on the Zilliqa (ZIL) network.

Binance to Support Zilliqa (ZIL) Network Upgrade and Hard Fork According to the exchange's announcement, the network upgrade will occur at block height 13,514,400 and this process is expected to begin approximately at around 10:18 AM on 17-11-2025.

To protect the user experience during the upgrade and hard fork, Binance will temporarily suspend all token deposits and withdrawals on the Zilliqa (ZIL) network starting November 17, 2025, at 09:18. However, the exchange stated that this will not affect the trading of ZIL tokens.

The statement stated that Binance will manage all technical requirements on behalf of users, and once the upgrade is complete and the network is confirmed to be stable and secure, deposits and withdrawals will be reopened. The company also stated that no additional announcements will be made after this process is complete.

Zilliqa, a high-performance Layer-1 blockchain, stands out for its scalability and transaction efficiency. This update is expected to enhance network security and optimize transaction speed. Binance's technical support initiative is considered a significant step that will contribute to the development of the Zilliqa ecosystem.

*This is not investment advice.

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2026-06-25 09:51 2mo ago
2026-02-02 13:00 7mo ago
3 Altcoins to Watch In The First Week Of February 2026
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CoinGecko News
Original source text
3 Altcoins to Watch In The First Week Of February 2026
2026-06-25 09:51 2mo ago
2026-02-04 05:43 7mo ago
Bitcoin Exchange Binance Announces It Will Support Network Upgrade and Hard Fork of This Altcoin! Here Are the Details
BTC Bitcoin ZIL Zilliqa
CoinGecko News
Original source text
04.02.2026 - 05:43

Update: 04.02.2026 - 05:43

Cryptocurrency exchange Binance has announced it will support the planned network upgrade and hard fork process on the Zilliqa (ZIL) network.

According to the exchange’s statement, token deposits and withdrawals on the Zilliqa network will be temporarily suspended to protect user experience and ensure a smooth technical transition.

Binance will suspend deposits and withdrawals on the Zilliqa (ZIL) network on February 5, 2026, at approximately 12:00 PM. The network upgrade and hard fork are expected to take effect at block height 19,486,411. Binance stated that this block height will be reached around 1:00 PM.

The exchange stated that the technical work would only affect transaction processing on the network. Accordingly, trading of Zilliqa (ZIL) and related tokens on the Binance platform will continue uninterrupted. Users will be able to continue trading in spot and other markets during the upgrade period.

Binance also stated that all technical requirements that may arise during the upgrade process will be automatically handled by the exchange, and users will not need to take any extra action. In other words, users are not obligated to migrate their tokens to the new network or perform manual updates.

It has been announced that deposits and withdrawals will be reopened after the upgrade on the Zilliqa network is complete and its stable operation is confirmed. Binance also noted that there will be no further announcement regarding the resumption of transfers. Therefore, users are advised to take the temporary suspension hours into account when planning their transactions.

*This is not investment advice.

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