Robert Kiyosaki has urged investors to rely on education and careful thinking as Bitcoin faces another price correction.
Summary
Robert Kiyosaki warned investors not to follow market hype blindly during Bitcoin’s latest correction. He said education remains the key asset, even when buying Bitcoin, gold or silver. Bitcoin’s weak chart setup keeps traders cautious as support and recovery levels remain under pressure. Robert Kiyosaki says education comes before assets The Rich Dad Poor Dad author said investors should not follow market hype without understanding what they are buying. His warning came as Bitcoin continued to trade under pressure after a recent pullback.
Kiyosaki said even assets often viewed as safe can still cost investors money if they buy at the wrong time or without a clear plan. He has long supported Bitcoin, Ethereum, gold and silver, but his latest comments focused more on financial education than price targets.
He told followers not to “drink financial planners’ Kool-Aid” when they describe U.S. government bonds as safe. He also said, “There is nothing safe…from stupidity.”
Don’t drink financial planners Kool- Aide when they tell you US Bonds are safe. There is nothing safe….from stupidity.
Remember even gold, silver, and Bitcoin can cost you money if purchased on hype.
Best watch the cash flowing.
Today many major US Bond holders, like…
— Robert Kiyosaki (@theRealKiyosaki) May 30, 2026 Kiyosaki added that the most important asset is not Bitcoin, gold or silver. He said, “Always remember your greatest asset lies between your right ear and left ear.”
Bitcoin price correction tests investor discipline Bitcoin’s latest correction has brought more caution back to the market. The asset recently traded near $73,700 after a three-day slide, with analysts watching whether buyers can hold key support.
Earlier reports showed that Bitcoin stabilized near $73,000 after geopolitical tensions, ETF outflows and leveraged liquidations weighed on market sentiment. The same analysis said bearish chart signals still pointed to risk of further losses.
Kiyosaki’s message fits that backdrop. He has often told investors to buy scarce assets during market fear, but he also warned that buying only because others are excited can create losses.
That makes his latest warning different from his usual bullish Bitcoin posts. He still favors hard assets, but he says investors must understand cash flow, risk and timing before entering the market.
Bonds, gold and silver remain in focus Kiyosaki also urged investors to watch global cash flows. He pointed to major holders such as Japan and China reducing exposure to U.S. bonds while increasing interest in gold and silver.
He has often criticized U.S. bonds, fiat currency and retirement products tied to traditional markets. In his view, inflation and rising government debt continue to reduce purchasing power.
As previously reported by crypto.news, Kiyosaki recently said Bitcoin and Ethereum may outlast old retirement plans. That report also noted that critics question his timing because some of his past crash calls did not happen within the periods he suggested.
Kiyosaki remains calm during Bitcoin and Ethereum price swings. He has argued that national debt and dollar weakness matter more than short-term market moves.
Alternative asset warning remains balanced Kiyosaki continues to hold a long-term preference for Bitcoin, Ethereum, gold, silver, oil and cattle. He has also said he does not own a 401k or IRA and avoids publicly traded stocks and bonds.
However, he has also said he is not a financial advisor. He told followers that he shares what he is buying and why, but each person must decide with their own advisers.
That point matters because his forecasts are often aggressive. In March, he predicted Bitcoin could reach $750,000 and Ethereum could reach $95,000 after a major crash.
For now, his latest message is more cautious. It tells investors to avoid blind trust in any asset class, including Bitcoin.
The main message is simple. Bitcoin, gold and silver may attract buyers during inflation fears and market stress, but investors still need knowledge, patience and a clear plan before buying.
Gold has lost part of its old safe-haven image as its price action now moves closely with risk assets such as Bitcoin and the S&P 500, according to economist Robin Brooks.
Summary
Robin Brooks said gold has lost part of its safe-haven role as its equity correlation rises. Brooks said gold now trades more like Bitcoin and the S&P 500 during market stress. He linked gold’s changed behavior to retail inflows during the late 2025 debasement trade. Peter Schiff warned Bitcoin could face panic selling if it breaks its latest low. According to Brooks, gold no longer behaves like the traditional hedge investors once expected during periods of market stress. He said the metal now trades as a pro-cyclical, high-beta asset, with its correlation to the S&P 500 rising above 0.50 in recent months.
Gold’s safe-haven role comes under pressure Brooks said gold historically kept a correlation near zero with the S&P 500, while Bitcoin’s long-term correlation with equities usually stayed below 0.15. During the late 2025 and early 2026 “debasement trade,” Brooks said Bitcoin’s equity correlation climbed as high as 0.55.
The correlation of gold with the S&P 500 is now the same as bitcoin. It used to be that gold was uncorrelated with swings in risk appetite and in the S&P 500, but those days are over. These days gold trades like a high-beta asset. Safe haven no more…https://t.co/QFGBrFMbKS pic.twitter.com/Es1Ir2mO0M
— Robin Brooks (@robin_j_brooks) June 5, 2026 At the same time, gold’s correlation with U.S. equities also increased. Brooks said gold now matches Bitcoin’s correlation with the S&P 500, a setup he described as unusual for an asset long treated as a shelter during geopolitical or economic stress.
The economist said gold now falls with equities when investors reduce exposure to risk. In Brooks’ view, that behavior works against the basic purpose of a safe-haven asset.
Retail demand changed Gold’s market behavior Brooks linked the change to the sharp gold rally over the past year and the arrival of new retail buyers. He said the price increase mechanically lifted the value of gold on central bank balance sheets, but he rejected the idea that institutions had suddenly rushed into bullion or abandoned the U.S. dollar.
According to Brooks, heavy promotion of the “debasement trade” in late 2025 brought many retail investors into gold. He said these buyers tend to react more quickly to market stress than older bullion holders.
Brooks said he first expected the high equity correlation to fade after corrections pushed short-term traders out of the market. He now believes gold’s trading structure has changed more deeply.
Schiff warns Bitcoin could face another sell-off Meanwhile, Bitcoin critic Peter Schiff warned that the latest Bitcoin drop could lead to another round of panic selling. Schiff wrote on June 5 that Bitcoin had broken below $60,000 and touched its lowest level since October 2024.
Schiff said the move erased Bitcoin’s gains after Donald Trump’s November 2024 election win. According to Schiff, the rebound above $61,000 came from opportunistic buying rather than a durable recovery.
“If today’s low is taken out, prepare for a Crypto Black Monday,” Schiff said.
Schiff, chief economist and global strategist at Euro Pacific Asset Management, has long argued that gold is a better store of value than Bitcoin. He also founded SchiffGold and became widely known after predicting the 2008 financial crisis.
Bitcoin broke $60K, taking out the low from Feb. 2025. At just below $59,750, Bitcoin was at its lowest since Oct. 2024, wiping out all of its post-Trump-election gains. Bottom fishers sent the price back above $61K. If today's low is taken out, prepare for a Crypto Black Monday.
— Peter Schiff (@PeterSchiff) June 5, 2026 Standard Chartered keeps bullish Bitcoin view Standard Chartered offered a different view in a June 4 client note. Geoffrey Kendrick, the bank’s head of digital assets research, called the latest crypto downturn a “painful week” but kept his long-term bullish outlook.
Kendrick said Strategy could restart heavy Bitcoin purchases, as it has done after past sales. He wrote that investors may later view this period as a buying zone if Bitcoin reaches $100,000 by the end of 2026.
The debate highlighted a stark split over whether volatility is a flaw or a feature of high-performing assets.
Peter Schiff insists that Bitcoin’s bubble has burst following its steep fall from an October 2025 all-time high of $126,000.
However, investor Anthony Pompliano defended the cryptocurrency’s long-term performance and argued that volatility is part of what has driven its returns.
Schiff Makes the Bear Case, Pompliano Leans on the Long Game The two faced off Monday evening on Fox Business in a live debate moderated by Liz Claman, where Schiff opened by claiming that BTC was a “digital nothing” and calling it a pyramid scheme in which early holders have been cashing out on the wave of demand generated by ETFs and Bitcoin treasury companies led by Michael Saylor’s Strategy.
“All the hype, all of the Bitcoin treasury companies, all of the ETFs, all that buying has simply allowed the people who got in early to cash out,” said Schiff to Claman.
According to him, those buying Bitcoin were only acting on the expectation that “somebody else is going to buy it at a higher price,” an approach he contrasted with gold, which he described as a physical asset with industrial and monetary use.
The economist also claimed that the OG crypto has “no real long-term,” arguing that it was barely higher than where it was five years ago, and framed that sideways drift as evidence of a market that was running on fumes rather than real demand. Gold, on the other hand, in Schiff’s estimation, is in a longer-term bull market, with the analyst suggesting that its recent pullback from $2,600 was due to a classic “buy the rumor, sell the fact” move after an overextended run linked to geopolitical risk pricing.
However, Pompliano, wearing a gold tie in a pointed nod to Schiff, pushed back on that framing and pointed out that Bitcoin’s 10-year compound annual growth rate of around 55% to 60% was several times bigger than gold’s, which, according to him, stands at approximately 12%. The ProCap CEO also said that volatility wasn’t unique to BTC and should not be thought of as a flaw, as it is a characteristic shared by high-performing assets.
“One of the misconceptions about volatility is that volatility is bad,” Pompliano noted. “But actually what we find is the best returning stocks, the best returning commodities, they are all highly volatile.”
On Strategy and Political Concerns Of course, a Schiff BTC debate wouldn’t have been complete without throwing shade at Strategy, and the gold bug did not disappoint. He claimed executive chairman Saylor was “sacrificing his own shareholders by destroying value” with the firm’s financial model moving from issuing stocks at premiums to selling shares at discounts and using leverage tools to continue buying Bitcoin.
You may also like: Brutal Bitcoin Liquidation Cascade Imminent Below $59K, Warns Analyst Mining Profits Dry Up Across Bitcoin, DOGE, LTC, and BCH Saylor Should Stop Buying Bitcoin, Says CryptoQuant The company did sell a small amount of Bitcoin recently but returned with a 1,587 BTC buy on June 15, worth $100 million, that took its holdings to 846,842. According to Schiff, the fact that Strategy sold some of its BTC, however small the number, suggests there’s a strain in what he described as its “flywheel” model of perpetual accumulation.
One area of partial agreement between Pompliano and Schiff was political. Pompliano acknowledged that the Trump administration’s backing of crypto represents politicians latching onto donor money rather than principled support, while Schiff was even blunter, calling government involvement in Bitcoin “a serious problem” and describing it as a deliberate misdirection of resources.
Goldman Sachs has cut its year-end gold forecast by $500 an ounce, lowering its target to $4,900 from $5,400.
Summary
Goldman cut its year-end gold target to $4,900 as expected Fed rate cuts faded further. Gold remains above current levels in Goldman’s outlook, but near-term risks now look weaker overall. Higher rates can pressure Bitcoin and gold by keeping cash and bonds more attractive longer. According to Bloomberg, the bank still expects gold to rise from current levels, but it now sees a smaller move than before.
The revision comes as Goldman no longer expects the Federal Reserve to cut rates in 2026. Market reports said the bank now expects the next rate cuts to arrive in 2027, after earlier forecasts pointed to easing sooner.
Goldman Sachs cuts year-end gold target by $500 to $4,900/ounce, doubting rate cuts
"Our gold price views remain structurally constructive but tactically cautious, with near-term downside risk and medium-term upside risk." pic.twitter.com/R9p8l20TUu
— Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) June 19, 2026 Goldman commodity analysts Lina Thomas and Daan Struyven said their view remains “structurally constructive but tactically cautious.” They also pointed to near-term downside risk and medium-term upside risk.
Fed pause weighs on gold The Federal Reserve held rates steady at 3.50% to 3.75% on June 17. The central bank said inflation remains above its 2% target and pointed to price pressure linked partly to energy.
That matters for gold because bullion does not pay yield. When interest rates stay higher, bonds and cash can look more attractive than holding gold. A stronger dollar can also make gold less attractive for buyers using other currencies.
Reuters reported that gold headed for a third weekly loss on June 19 as the dollar firmed and hawkish Fed signals weighed on prices. Spot gold fell to its lowest level since June 11 during the session.
Bitcoin faces the same liquidity test A delayed rate-cut cycle can also weigh on Bitcoin and other cryptocurrencies. Lower rates often support digital assets by improving liquidity and reducing the cost of capital.
As previously reported by crypto.news, Bitcoin fell toward $63,000 after stronger U.S. jobless claims data reinforced the Fed’s hawkish outlook. Traders reduced exposure after the Fed kept rates unchanged and left the door open to tighter policy.
Crypto.news also reported that Bitcoin slipped toward $65,000 ahead of the Fed decision as traders cut risk. Falling oil prices offered some relief, but they did not fully offset concern over rates and inflation.
Traders watch inflation and rate odds Goldman’s lower gold target does not mean the bank has turned fully bearish on bullion. The $4,900 forecast still points to a price above current levels, but the path now looks more dependent on inflation cooling and Fed policy shifting.
The market is also watching whether geopolitical risk can keep demand for safe-haven assets alive. The war in Iran has added uncertainty, but rate expectations and dollar strength have recently carried more weight in daily trading.
For Bitcoin, the same pressure remains visible. Crypto.news earlier reported that rising bond yields hit crypto-linked equities and pushed Bitcoin lower as rate-hike odds climbed.
Gold and Bitcoin are different assets, but both can react to the same liquidity backdrop. If rate cuts stay delayed, traders may keep favoring cash, short-term bonds, and the dollar. If inflation cools and the Fed turns softer, both markets may find a better base.
Litecoin is making updates to its privacy and has successfully raised a quarter of the money needed to fund the development. More users have been pushing for more privacy features on cryptocurrencies to protect transaction information, as governments seek to collect and retain more data on daily monetary transactions. In January 2019, Litecoin founder Charlie Lee had started talking about plans to update the privacy of Litecoin and introduce confidential transactions. Finally, in August 2019, he roped in David Burkett, a Grin developer, to join the project. David Burkett published two proposals for Litecoin improvements, which are the results of working with Charlie Lee and a Bitcoin researcher, Andrew Yang, to design a Mimblewimble block to enable Litecoin confidential transactions. One proposal describes adding extension blocks to improve the functionality of Litecoin without changing its consensus rules, while the other proposal details the implementation of MimbleWimble to improve the privacy of transactions..
Four months later in December, the Litecoin Foundation started raising funds of $72,000 to hire David Burkett on the project for a year to create privacy solutions for Litecoin with the Mimblewimble protocol. Charlie Lee had said he would match all donations for the project on a 1:1 basis. The Litecoin Foundation got the ball rolling by donating $5,450 in Litecoin and Bitcoin.
As of January, about $9,500 in Litecoin and $100 in Bitcoin has been raised. Charlie Lee has continued to call for donations to raise the remaining three-quarters of the funds needed for the project. As such the remaining amount to be raised is only $36,000, and Charlie Lee would be covering the rest.
Yet some people don’t think that this contribution is sufficient. There have been views raised by the community that Charlie Lee should pay for the entire project since he earned a large amount of profits selling his Litecoin when Litecoin soared to its highest value ever in December 2017.
Some other users also speculate that Litecoin is dying, which is why Charlie Lee has to raise funds from the community for the privacy project. He has reportedly stated on Twitter that it has been difficult to find the quality people needed to work on Litecoin development.
If the project continues to raise funds at the rate it has done so far, the project is expected to be completely funded in 3 months. In January 2020, David Burkett plans to focus on the details of Litecoin’s headers and kernels, crafting the plan for building the update and moving database implementations to libmw-core. Improvements to Litecoin look to be moving along after stagnating throughout 2019.
Litecoin has struggled to improve adoption but with more privacy on Litecoin, usage and purchase may pick up. Dusting attacks were made on Litecoin wallets in August 2019, and owners could have been identified through analysis of the wallet activity and addresses. At the same time, there have been more legislation cracking down on private coins and delistings have taken place due to the privacy features of some cryptocurrencies.
Litecoin creator, Charlie Lee has been vocal about LTC becoming a privacy coin in the near future. Lee had on-boarded Grin developer, David Burkett to implement the MimbleWimble [MW] protocol and use extension blocks for scalability and privacy on the network. Noting fungibility as one of the important properties of money that had been missing from Litecoin, Lee said in a recent interview that the implementation of MW protocol might get them halfway there.
Burkett, who had been working on developing the extended MW block announced to the community that the project began on 29 December 2019. Lee added that the integration of MW protocol will be introduced as a soft-fork. Scalability has been the main concern for most coins on the blockchain, but according to the LTC creator, MW scales better than Bitcoin.
Lee said:
“So nice thing about MimbleWimble is that it scales really well.”
Claiming that the protocol does not sacrifice its scalability to provide privacy and fungibility, he added:
“In some sense, it actually scales better than Bitcoin [and] Litecoin today because of the ability to do compact transactions, to throw away inputs and outputs, the way it’s designed is actually very good for scalability and it’s quite impressive how it works.”
Burkett had informed the community about his plans to restructure the core logic to be shared between Grin++ and Litecoin, including logging, serialization, crypto, error handling, and common data structures. The developers’ further plans for Litecoin in the new year included determining building methods, defining all LTC models, and moving the database implementation over to libmw-core which is the partial redesign of Grin++.
Charlie Lee has been very vocal about Litecoin becoming a privacy coin. The creator of the project has taken on board a Grin developer David Burkett in order to integrate the MimbleWimble protocol. The creator of the Litecoin protocol, Charlie Lee has been very vocal about the cryptocurrency becoming a privacy coin. The creator of the project has taken on board a Grin developer, David Burkett in order to integrate the MimbleWimble protocol and use different extension blocks to help scalability and privacy on the network. He highlighted that fungibility is one of the key aspects that had been missing from the cryptocurrency. Lee went on to say in a recent interview that the integration of the MimbleWimble protocol might get them a foot in the door.
Working on the extended protocol block, Burkett announced that the project started work at the end of December last year. He followed up on this adding that the integration of the new protocol will be brought in as a soft-fork. Scalability is the main concern from most cryptocurrencies on the blockchain. According to Lee, MimbleWimble is a much better scaler than bitcoin: “[The] nice thing about MimbleWimble is that it scales really well.”
He further went on to add that the protocol doesn’t sacrifice any of its scaleability to provide such new aspects to the project:
“In some sense, it actually scales better than Bitcoin [and] Litecoin today because of the ability to do compact transactions, to throw away inputs and outputs, the way it’s designed is actually very good for scalability and it’s quite impressive how it works.”
The developer told the community about his plans to restructure the logic to be shared with Grin++ and Litecoin. This includes many things including the common data structures, error handling and logging. Further plans for the developer say that Litecoin is including new methods for building in the New Year.
It will be interesting to see how this plays out. For more news on this and other crypto updates, keep it with CryptoDaily!
Though Bitcoin is quite heavily misadvertised as an anonymous payment network, it is actually one of the more transparent crypto-networks to transact on. In the early days of cryptocurrency, when KYC and AML regulations weren’t as strict as they are now, it was easier to conduct Bitcoin transactions which couldn’t be traced back to criminal activities or malicious intent. Today, while Bitcoin isn’t used as much for private transactions, multitudes of privacy coins like Monero and Dash have stepped in to fill the void.
Monero, specifically, has regulators worried due to its ability to make transactions almost impossible to trace. In recent years, extensive research has been conducted into the traceability of such privacy coins and so far, no unexacting methods of monitoring their transactions have come to light, with usage only rising.
According to TokenInsight’s annual market report, Monero was the most widely used privacy coin in 2019. Further, Monero’s dominance rose from 35% to 50% over the year and combined with Zcash and Dash, represented 90% of the privacy coin market capitalization.
2019 also saw the launch of two privacy coins utilizing the MimbleWimble protocol — Grin and Beam, both of which saw increases to their market caps over the year. However, classic privacy coins like PIVX and NavCoin continued to decline.
Interestingly, for both Grin and Monero, the top two mining pools represented more than 50% of the networks’ hashrates.
With privacy coins being increasingly looked at as vehicles to launder money, it seems unlikely that restrictions around their use and sale will loosen in the foreseeable future. And while these cryptocurrencies do have other use-cases such as confidential business transactions and financial data protection, it seems unlikely that regulators will relax their stance on anonymous transfers of value.
Last year, Monero was delisted from several cryptocurrency exchanges due to its alleged violation of the FATF’s ‘travel rule.’ With so many restrictions being placed on these coins, their future might be bleaker than previously thought.
However, popular cryptocurrencies are seeing developments being made towards providing optional privacy for transactions on their networks.
Litecoin has already begun the development of an implementation of MimbleWimble extension blocks, while Ethereum is working on using zero-knowledge proofs to include the ability to conduct private transactions on the blockchain.
In this regard, even though privacy coins might continue to receive increased scrutiny from regulators and policymakers, anonymous transactions might become more popular than previously thought.
HodlX Guest Post Submit Your Post A core ideology in the cryptocurrency space is a consistent commitment to privacy. But until privacy coins deliver easy-to-use, efficient solutions at scale, privacy will remain a privilege reserved for the crypto-savvy.
For individuals seeking to reject government or other third-party surveillance in their financial and business dealings, end-to-end encryption is a must. However, privacy coins universally lack a comprehensive approach that can aid users in performing other necessary functions like private messaging, file sharing, and data messaging.
Monero is routinely seen as the gold standard of the privacy niche, and for good reason. It’s the longest running of the major contenders, boasts the largest market cap, and has successfully protected XMR transactions from unwanted eyes for years. But that hasn’t stopped Monero users from being identified and reprimanded, over and over again.
Now, the purpose is not to condone criminal behavior, or argue over what constitutes a crime – criminals should be arrested. But the fact that individuals using Monero for illicit purposes are routinely uncovered and detained suggests that XMR isn’t adequately serving its users. By tracking on-ramps in and out of Monero, channels of communication, web activity, and so on, Monero users can forfeit their anonymity even if they use the coin exactly as intended.
The recent Monero website hack, in which a malicious actor planted a coin stealer on the site, proves that anyone can be tampered with, despite how knowledgeable they are of crypto. Centralized solutions in use alongside Monero and other privacy coins aren’t perfect, as the massive, recent NordVPN hack highlights.
And if we take a step further back, how accessible is Monero itself to the average individual? Despite over a decade of existence, cryptocurrency across the board is incredibly inaccessible for the average individual. XMR and coins like it carry an even larger learning curve. Realistically, what percentage of the population is equipped to properly utilize Monero and supplementary services to adequately protect their anonymity? I’d argue the figure is well below 1%. And with the ongoing trend of exchanges delisting the “purely privacy” coins, that figure may continue to dip lower still.
For privacy coins to carry out their intended purpose, they need to build out comprehensive, user-friendly applications that average Joe can wrap his head around.
Opal Coin: Before Its Time
A holistic approach to privacy isn’t a foreign concept to the niche. Once upon a time, there was a little known privacy coin by the name of Opal. Launched in 2014, Opal was situated as a suite of privacy utilities that were all housed in the Opal wallet. Alongside hidden addresses and shielded transactions typical of most privacy coins, you could also partake in on-chain private messaging. From a single location, you could negotiate dealings and settle transactions in a completely decentralized, secure manner.
Unfortunately, this philosophy wasn’t widely regarded as necessary for the privacy space. Although there were other intended features to encompass within the wallet, development largely dried up within the next year as the team and community pursued different ventures. For all intents and purposes, Opal and “holistic privacy” were good as dead.
Broadening Utility
Either in response to Monero, or as a reflection of the growth of the industry as a whole, there are a number of competing privacy coins that do emphasize greater utillity. Zcash is perhaps the most appropriate example. Like Monero, Zcash is sufficiently private for users looking to deal in encrypted currency transactions.
However, Zcash broadens the scope of its “transactions” through the incorporation of private smart contracts. Smart contracts are the industry standard for the nuanced transaction of data on-chain. When applied to a privacy coin, this means users can deal in much more than just units of currency: they can store files, lock currency, establish escrow, alongside more nuanced potential applications like decentralized autonomous organizations.
Zcash also employs “flexible privacy”. Users can opt for public transactions, which may be necessary for auditing and compliance purposes. They can similarly verify activity through zk-SNARKs without revealing contents. In order for privacy coins to see legitimate usage at the global scale, they must encompass these broader functionalities.
Overcoming the Impossible Trinity
There is currently an “impossible trinity” of utility, sufficient privacy, and scalability that privacy coins across the boards are succumbing to. Most projects are building out under the preconceived notion that only two of these qualities can be appeased.
Monero is sufficiently private and scales well enough, but lacks utility for more comprehensive use per the possibilities suggested above. Grin has taken the same approach. Verge is quick and offers several features, but does so at the sacrifice of the adequacy of the privacy it encompasses. Zcash is pushing towards utility, and many will agree ZEC is sufficiently private, but the resources required for various privacy activities, like contracts, suggests the network won’t succeed at worldwide scale.
Enigma is one project looking to overcome this “impossible trinity” at the application layer. The functionality of Enigma reflects the ability to use “secret contracts” across existing blockchain networks. In essence, this will allow users to transmit and interact with data on-chain in a secure, untraceable manner.
Essentially, Enigma is providing the “privacy” for networks that otherwise embody utility and scalability. As major chains like Ethereum and Bitcoin continue to improve and evolve, the impact Engima enables as its underlying chains become more capable similarly grows.
At the protocol level, Beam is also taking on a more comprehensive approach. Like Grin, Beam is constricted by its MimbleWimble architecture, which confines network activity as solely currency transactions. Unlike Grin, however, Beam has placed ample resources and capital to broaden the utility and usability of the project.
While Grin continues to be very barebones, with users relying on a spartan command line wallet, Beam is putting a major emphasis on usability. They’ve built interactive wallets on a number of platforms, and atomic swap capabilities provide users more autonomy in bringing funds on-and-off Beam, without as much reliance on exchange offerings. Additional features like tokenized assets in the pipeline, combined with interoperability initiatives, further expand the utility of the coin.
Lastly, a newer contender, Stegos, has an ambitious bottom-up approach that may prove fruitful for the broader niche. Like Grin and Beam, Stegos utilizes aggressive transaction pruning for a far more lightweight, scalable blockchain. But beyond that, Stegos approach is a direct opposite: instead of completely restricting the functionality of transactions, Stegos expands network activity to broaden transactions as a system for fast data messaging.
In the same capacity that an amount of tokens can be sent, users can similarly send messages, like Opal, alongside media, data, and whatever else. The team is looking to create a one-stop mobile app that will allow users to participate in encrypted, on-chain messaging, and interact with network dapps. This is only possible because the network is lightweight enough for smartphones to act as full nodes, which enables them to whichever functionalities are available for desktop alternatives.
An Innovative Future
The above coins, along with other initiatives that make up the privacy players of the current generation of “blockchain 3.0”, suggest that the usability solution in the niche is a matter of “when,” rather than “if”. The future should be private. Down the road, everyone will be able to maintain complete digital anonymity through the utilization of privacy coins.
How far out we are will only be revealed with time. All will depend on when projects across the board shift their approach to focusing on how to build a platform that can do it all properly. The current philosophy of figuring out the best way to do what is possible through existing infrastructure is a fruitless endeavor.
Some rather awkward footage of a recent Bitcoin conference has surfaced. The clip shows a recently fallen-from-grace Bitcoin OG called out on stage for shilling an altcoin at the BTC-only event.
One of the earliest public proponents of Bitcoin recently became every self-respecting BTC maximalist’s public enemy number one. Trace Mayer, the host of the ‘Bitcoin Knowledge’ podcast, has been reportedly shilling the recently-created privacy coin Mimblewimble Coin (MWC).
A Bitcoin Event is a Good Place to Shill Altcoins, Right?Mayer first started talking about Bitcoin in 2010. He is more recently known for his promotion of the annual ‘proof-of-keys’ event, which BeInCrypto has previously reported on. His staunch championing of monetary sovereignty and his libertarian tendencies have made him popular with many Bitcoin fans.
The recent allegations against Mayer seem to stem from a Bitcoin-only conference held last weekend. Trader and YouTuber Tone Vays hosts the’ Unconfiscatable’ event that sees many so-called BTC maximalists meet to talk about Bitcoin, listen to presentations while eating steak, and even show off their skills in a poker tournament.
During the event, Mayer had been supposedly talking favorably about MWC to attendees. He’s even also spoken very highly of the project on YouTube interviews.
The industry disappointment mostly comes from MWC’s distribution model. The project features a huge pre-mine of 50 percent of all 20 million tokens.
Question: Is MimbleWimble coin a scam?
I just watched Trace Mayer pumping it: https://t.co/ovwXapN6sF
Then I looked at the white paper and found that there is a 50% premine!https://t.co/WksnAH8Azp pic.twitter.com/BOxFhMXE9l
— Opportunity from chaos (@cryptocomicon) February 23, 2020
Many of those critical of Mayer say he has abused his position as a respected thought leader in the industry and that he stands to gain financially by pumping the project.
Footage has now surfaced in which Mayer is, quite brutally, called out in front of the ‘Unconfiscatable’ crowd. Amusingly, long-time Bitcoin advocate and programmer Giacomo Zucco decided to wait for a portion of the show called ‘The Scammy Awards.’
After the nominees for the ‘biggest scammer in cryptocurrency’ are read out — the likes of Richard Heart of HEX and Craig Wright of BSV fame were among those shortlisted — Mayer, who spoke at the event, is called up to the stage to present the award.
Suddenly, Zucco hops on the microphone to give Mayer a thorough dressing down:
“The real scam is producing a scam that you can actually sell and pump inside Bitcoin conferences, scaring people about CoinJoin, and promoting scams like Grin and Mimblewimble – that’s the real scam!”
When Mayer finally announces that fellow BTC maximalist-turned-altcoin-shill Richard Heart has won the award, he seems visibly distressed. With none of his usual charm, his words, “It’s HEX” are barely audible over the jeers of the pro-BTC crowd.
That awkward moment when you nominate someone else the award you were hoping for..
In brief Tim Draper gains 40% on his Aragon investment in just one month. Draper's top picks include Tezos, Bancor, Maker, ANT, Spacecash, Grin, AXE. He hopes Aragon's judicial system will be a game-changer in the legal sector. Last month, venture capitalist and Bitcoin evangelist Tim Draper bought one million Aragon (ANT) for $1 million. This was at a price of $1 per coin—even though the coin was worth $0.70 at the time.
Now the coin’s price has shot up to $1.40, netting him a 40% return in just weeks—at least on paper. He would be hard pressed to sell so many coins given the token’s low trading volume. But, either way, Draper isn’t planning on selling.
“I bought for a reason. I want to drive more usage of decentralized government services. I have no interest in selling,” he told Decrypt.
Draper wants to take partThe Aragon platform provides the tools to create decentralized autonomous organizations (DAOs). At present, the project has facilitated the creation of over 1,000 DAOs since launching in 2018.
Draper now controls a hefty sum of ANT’s total supply—2.5% to be precise. As a result, the crypto entrepreneur not only sits on Aragon’s advisory board but can also participate in its forthcoming judicial system.
“I like their model of creating a totally decentralized judicial system. Draper told Decrypt. “This is much needed. Eventually, this will be a big time saver and money saver from the runaway lawyer system we currently have.”
At present, the project team is focused on its newly devised Aragon court—a digital judicial system for DAOs within the project’s governance.
ANT—Aragon’s native cryptocurrency—is utilized within Aragon’s network governance. Holders of ANT will use their tokens to participate in forthcoming court proceedings. The first of which, came into session back on February 10, involving the mock trial of Ethereum classic developer Yaz Khoury.
Tim Draper is no stranger to significant crypto investments. He’s cited as one of the earliest investors in Bitcoin, snapping up nearly 30,000 BTC at a U.S marshalls auction back in 2014. The auctioneered BTC was worth $632 apiece at the time—a fortune presently valued at over $262 million.
“Of course you know I am a big Bitcoin supporter. I like all the coins that still have a team working hard to make them succeed. Tezos, Bancor, Maker, ANT, Spacecash, Grin, AXE, all have teams dedicated to them making them grow and succeed,” he explained.
Let’s hope none of them get the AXE.
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What makes good money in the Information Age? The quality of a monetary product is primarily attributable to it being (1) recognizable, (2) scarce, (3) censorship-resistant, (4) durable & indestructible, (5) extensible, (6) salable, (7) portable, (8) fungible, (9) private and (10) divisible.
The greatest disruptive innovation in monetary history was published on October 31, 2008 by the pseudonymous Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System which outlined a tamper-proof, decentralized peer-to-peer protocol that could track and verify digital transactions, prevent double-spending and generate a transparent record for anyone to inspect in nearly real-time.
As shown with Bitcoin over the past decade the market takes a monetary product as it currently is along with speculation of what it may become instead of what it was.
It took approximately eight years before a similar disruptive monetary innovation was published when the pseudonymous Tom Elvis Jedusor placed the original MimbleWimble white paper on a Bitcoin research channel and then disappeared.
In the 49 page formal math proof published in 2018 titled Aggregate Cash System: A Cryptographic Investigation of Mimblewimble [https://eprint.iacr.org/2018/1039.pdf], Fuchsbauer, et. al. concluded, “In this paper, we provide a provable-security analysis for Mimblewimble. We give a precise syntax and formal security definitions for an abstraction of Mimblewimble that we call an aggregate cash system. We then formally prove the security of Mimblewimble in this definitional framework. Our results imply in particular that two natural instantiations (with Pedersen commitments and Schnorr or BLS signatures) are provably secure against inflation and coin theft under standard assumptions.”
A Mimblewimble based coin enables greater network scalability, privacy and fungibility than legacy blockchain protocols. All transactions on the base layer use CoinJoin with Confidential Transactions and signature aggregation. Whale alerts are not even possible with extremely scalable ghost money. But as with everything there are trade-offs in fundamental characteristics that each monetary product must make.
In a 2016 podcast Bitcoin core developer Peter Wuille stated,
“Introducing Mimblewimble into Bitcoin in a backwards-compatible way would be a difficult exercise. It may not be impossible, but it would be hard. I think the way if people were experimenting with this, I would expect it to be an experimental separate chain or sidechain. In a sidechain we would not introduce a new cryptocurrency but it would be a separate chain. There are some downsides to Mimblewimble. In particular, it does not have a scripting language…a scripting language is very neat to play with, but it has a privacy downside. Mimblewimble takes this to the other side where you have very good privacy but at the expense of no other features any more.”
Fortunately, there has been significant research done since then and with Mimblewimble these types of scripts and applications are possible: Multi-Signature transactions, time locks, atomic swaps, and hashed time-locked contracts which are the building block of payment channels and Lightning Network.
In January 2019 GRIN and BEAM both launched to extreme anticipation as Mimblewimble base layer coins. However, both have extremely low stock to flow ratios and GRIN does not have a supply cap.
On January 18. 2019, before GRIN launched a developer opened an issue on Github about GRIN’s emission rate and supply cap but was summarily dismissed. Because of GRIN’s lack of interest in a supply cap the developer interpreted that as a green light to experiment with a sounder monetary policy.
In February 2019 MWC was announced as a fork of GRIN. The initial stock of both BEAM and GRIN were created by mining which was highly inflationary. For software development funding, GRIN relies on donations and BEAM allocates part of the block reward to a foundation.
In October 2019 a Bitcoin and MWC atomic swap was completed on testnet.
In November 2019 MWC mainnet launched as an experimental separate chain and has functioned flawlessly according to the consensus rules ever since. The consensus rules provide for a total of 20,000,000 MWC. 10,000,000 will be proof of work mined and the initial stock of 10,000,000 were created in the genesis block.
The MWC initial stock was distributed differently than either GRIN or BEAM by using these three ways: (1) 2,000,000 to the developers for software development work immediately after the genesis block was mined; (2) 6,000,000 about a month after mainnet launched via an airdrop program that has primarily gone to the most grizzled and sophisticated veterans in the crypto-industry: Bitcoin holders who registered with more than 148,000 BTC at the bottom of the bear market between April and July 2019. Some were unclaimed and will either be burned, airdropped or added to the HODL program; and (3) 2,000,000 will be distributed over the infancy years of the project via a HODL program to those who continue to hold MWC. Registration is functional and over 6.7m of 8m MWC are registered. Registered MWC are still fully liquid and can be moved at the user’s discretion.
The MWC developers have stated in the Roadmap, “There are many potential places development resources can be allocated and they will be chosen based on market needs with highest priority given to requests that will primarily benefit and come from the buyers and hodlers of last resort.”
Just because a new monetary product is created does not mean that the market ascribes it any value. Such was the case from January 3, 2009 to January 2011 where Bitcoin traded at less than $0.25.
And such was the case on December 2, 2019 when the MWC airdrop began to be distributed. On December 3rd MWC hit an all-time low of about $0.25 or a market cap of less than $2m.
Bitcoin has clawed its market cap from nothing. Likewise, MWC was nearly worthless, nevertheless, a heartbeat was detected and the speculation network effect started. Some people have started to acquire and hold MWC just in case it might catch on. It seems that fundamentally good products always do eventually.
The MWC difficulty algorithm is based on pure proof of work. Inherited from GRIN was the use of C29 and C31 and, in the future, C32 and C33. Under the consensus rules C29 is scheduled to phase out around November 2019 at a rate of 1% per week. Pure proof of work, which the MWC team considers a superior form of security compared to alternatives like proof of stake, requires a tradeoff between emission rate and security.
As MWC’s price began firming the decision was made unanimously by all interested stakeholders to hard fork MWC, remove the C32 and C33 parts of the consensus code and rapidly harden the MWC emission rate. This would leave MWC the sole coin on the C31 algorithm.
An algorithm for which there is an ASIC designed but not put into production. On January 17, 2020 Innosilicon announced,
“We are sorry to inform you that our Grin product G32 GPU ASIC fabrication has not been supported well by the foundry… so we have to put this production on hold till future clearance. Innosilicon invested huge amount of R&D dollars to complete the innovative CC31/CC32 Grin GPU ASIC design to our satisfaction because we believe in Grin and its core team.”
On March 31, 2019 the MWC hard fork went flawlessly and on April 7, 2019 the emission rate decreased by approximately 75%. The stock-to-flow changed from 6.4 to 25.7. By February 2021 the MWC stock-to-flow will be over 62.
Although still in its infancy, MWC has been consistently trading above a $100m market cap with a monthly mining emission of around $500,000. By market capitalization, this makes MWC the #3 privacy coin behind Monero and Zcash and in the top-15 proof of work coins around Ravencoin and Decred. But in nominal numbers, MWC is minuscule compared to Bitcoin’s $90m of weekly emissions.
MWC is designed to be extremely complementary to Bitcoin and atomic swaps will only strengthen that relationship. Bitcoin can function as an extremely effective monetary VPN.
There seems to be significant information asymmetry regarding Mimblewimble and even the existence of MWC . As a result, it will be very interesting to see how the market responds to this six-month-old monetary product. When performing economic calculation the profits will go to those who calculate correctly and the losses to those who calculate incorrectly. The order book will be the arbiter of opinions.
After all, in an era of pandemic lockdowns, infinite bailouts, rising inflation, draconian wealth taxes and other financial, political and geo-political turmoil it just might be that the market is interested in a monetary product that delivers on being extremely scarce scalable ghost money.
BEAM falls over 3%, trading at $0.0090. Its daily trading volume spikes by 5%. The crypto market has been on a wild ride, fluctuating between gains and losses. While some assets struggle to recover from bearish pressure, Bitcoin and Ethereum remain stagnant. Meanwhile, BEAM has lost its footing, sliding over 3.80%.
In the early hours, BEAM traded at $0.008771, and eventually, it climbed to a high range of $0.009766. After the bulls lost steam, the price likely plunged toward the current trading level.
At press time, BEAM traded within the $0.009085, with its market cap reaching $448 million. Moreover, the asset’s daily trading volume has touched $62.66 million.
BEAM has recorded a gain of over 42.41% in the last seven days. The asset opened the week trading at $0.006373, and it moved up to hit its weekly high at $0.009735.
Where Is BEAM Headed Next? If a mighty bearish momentum builds up, the asset may face serious threats. BEAM could retrace toward the $0.008911 range. A continued downside pressure might trigger the asset fall back to its crucial support range at $0.0087.
Assuming BEAM climbing over the $0.009174 range, it could bring in a retest near $0.009258 resistance. The prolonged bullish correction might reinforce the uptrend and push the asset to mount toward the $0.0095 price zone.
BEAM’s Moving Average Convergence Divergence (MACD) line is found just below the signal line. It indicates a weakening bullish momentum or the early stages of a bearish crossover and also the possibility of a potential downtrend.
Additionally, the Chaikin Money Flow (CMF) indicator settled at -0.16 suggests the money is flowing out of the asset. If it declines further, it could lead to sustained weakness. Meanwhile, BEAM’s daily trading volume is up by over 5.06%.
The Bull Bear Power (BBP) reading of 0.00038 infers the asset is nearly neutral, that neither bulls nor bears have a strong grip within the market. Besides, the asset’s daily relative strength index (RSI) at 64 signals that the asset is in bullish territory.
Disclaimer: The opinion expressed in this article is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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XRP Could Trade Above $100 Under Normal Conditions, Claims Crypto Founder
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PANews reported on September 19th that, according to SoSoValue data, the crypto market saw three consecutive days of gains. The GameFi sector saw a 24-hour gain of 5.45%. Within the sector, ImmutableX (IMX) surged 26.32%, while GALA and Beam (BEAM) rose 3.74% and 9.14%, respectively. Additionally, Bitcoin (BTC) rose 0.37%, breaking through $117,000, while Ethereum (ETH) fell 0.40%, fluctuating in a narrow range around $4,600.
Other sectors with outstanding performance include: the Layer2 sector rose 4.71% in 24 hours. Within the sector, Optimism (OP) and Mantle (MNT) rose 3.93% and 6.33% respectively; the NFT sector rose 2.35%, and Pudgy Penguins (PENGU) rose 3.42%; the DeFi sector rose 1.31%, and Chainlink (LINK) rose 3.25%; the Layer1 sector rose 0.70%, and Avalanche (AVAX) rose 9.14%.
In other sectors, the PayFi sector fell 0.20%, but Trust Wallet (TWT) rose against the trend by 19.13%; the CeFi sector fell 0.30%, and ApolloX (APX) rose 30.73%; the Meme sector fell 1.43%, and Pump.fun (PUMP) and MemeCore (M), which had previously risen significantly, fell 10.80% and 12.06% respectively.
Bitcoin price is consolidating above $20,000.Ethereum is struggling near $1,600, XRP is well below $0.35.CEL surged nearly 20%, and RVN is again pumping.Bitcoin price found support near the $20,000 level after a strong decline. BTC is currently (11:10 UTC) consolidating above $20,000. It could start a fresh increase if there is a clear move above $20,800.
Similarly, most major altcoins are consolidating near support zones. ETH is struggling to stay above the $1,600. XRP might decline and test the $0.32 support. ADA is facing resistance near $0.48 and $0.482.
Bitcoin priceAfter a strong decline, bitcoin price found support near the $20,000 zone. BTC remained well bid above the $20,000 zone and recently started a consolidation phase. It managed to correct a few points above the $20,250 level. On the upside, the price is facing resistance near the $20,500 level. The next major resistance is now near the $20,800 level, above which the price could start a decent increase.
On the downside, an initial support is near the $20,050 level. The next major support is near the $20,000 zone, below which the price could start another strong decline.
Ethereum priceEthereum price managed to stay above the $1,550 support zone. ETH started an upside correction and traded above the $1,580 level. It even climbed above $1,600, but it is struggling to gain bullish momentum. The first major resistance is near $1,620. The next major resistance is near $1,650, above which the price may perhaps rise to $1,700.
If not, the price might start another decline towards the $1,550 level. The next major support is $1,500, below which price could gain bearish momentum.
ADA, BNB, SOL, DOGE, and XRP priceCardano (ADA) settled well below the $0.50 level. The price is now struggling to recover above the $0.48 level. If there is no upside break, the price may perhaps decline towards the $0.45 level.
BNB is slowly recovering losses and trading near the $280 level. An immediate resistance is near the $282 level. The first major resistance is near $288, above which the price could rise towards the $300 level.
Solana (SOL) declined over 12% and tested the $32.65 level. It is now trading near $33.50 level. The next major support sits near the $32.50 level. On the upside, the bears might remain active near the $35.00 level.
DOGE is consolidating above the $0.060 level. A downside break and close below the $0.060 level could spark a sharp decline. In the stated case, the price might slide towards the $0.0565 level.
XRP price is consolidating near the $0.335 level. If there are more downsides, the price could slide and test the $0.32 support. The next major support is $0.305.
Other altcoins market todayMany altcoins are down over 10%, including LUNA, USTC, LUNC, HNT, APE, AVAX, EOS, NEAR, FTT, GMT, and ATOM. Out of these, LUNA dived over 30% and traded below the $3.0 level.
To sum up, bitcoin price is consolidating above the $20,000 level. If BTC stays above $20,000, it could recover towards $21,200. If not, it might dive to $18,500.
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As the broader crypto market consolidates, one industry analyst has identified a select group of altcoins that could see exponential gains during the anticipated “super-cycle” expected in the latter half of 2024. In a detailed social media post, the analyst, known as OxNobler, delves into the cyclical nature of the crypto market and highlights the factors driving the impending uptrend phase.
Crypto ‘Supercycle’ Imminent? According to OxNobler, the crypto market consistently follows a four-phase cycle: Accumulation, Markup (Uptrend), Distribution, and Markdown (Downtrend). The analyst argues that understanding these distinct phases is crucial for investors seeking to capitalize on low cap altcoins and market trends to maximize their returns.
“We are currently on the brink of entering the Uptrend phase, which is set to be fueled by a confluence of factors, including the upcoming US election, potential rate cuts, the global adoption of crypto ETFs, continued technological advancements, and shifts in China’s regulatory landscape,” explains OxNobler.
Drawing on this market insight, the analyst has curated a list of six altcoins that are poised to experience substantial growth during the anticipated crypto super-cycle.
These tokens span a diverse range of sectors, including artificial intelligence (AI), decentralized finance (DeFi), real-world asset (RWA) tokenization, and more.
6 Low-Cap Altcoins Tipped To Skyrocket First on the list is Numerai (NRM), an Ethereum-based platform that allows developers and data scientists to experiment with and create more reliable machine learning models.
With a current price of $11.75 and a market capitalization of $86 million, the analyst believes Numerai’s positioning in the trending AI sector makes it a compelling investment opportunity.
Another altcoin highlighted is TokenFi (TOKEN), a crypto and RWA tokenization platform aiming to simplify the tokenization process and emerge as a leading player in the space. Currently trading at $0.06 with a $60 million market cap, TokenFi’s role in bridging the gap between traditional and decentralized finance is seen as a key growth driver.
Ravencoin (RVN), an open-source proof-of-work blockchain enabling the issuance and control of utility tokens, non-fungible tokens (NFTs), and other digital assets, also makes the list.
With a market price of $0.015 and a $223 million market capitalization, Ravencoin’s positioning in the growing DeFi sector adds to its potential upside.
The Fluence Project, with its native token FLT currently valued at $0.27, is another intriguing prospect. As the first decentralized “Cloudless” computing platform, Fluence aims to provide an open alternative to the dominant cloud computing giants, aligning with the analyst’s bullish outlook on the AI sector.
Realio Network (RIO), an end-to-end blockchain-based platform for the issuance, investment, and management of digital securities and crypto assets, is also included. Trading at $0.89 with a modest $5 million market cap, Realio Network’s focus on the RWA tokenization space is seen as a notable bullish catalyst for the analyst.
Last on the list, is the largest altcoin among the six by market cap, Pendle (PENDLE), a protocol enabling the tokenization and trading of future yield, rounds out the list. Currently priced at $2.63 with a market capitalization of $419 million, Pendle’s positioning in the DeFi sector aligns with the analyst’s broader thesis.
The daily chart shows PENDLE’s price downtrend experienced over the last months. Source: PENDLEUSDT on TradingView.com Featured image from DALL-E, chart from TradingView.com
RVN, the native token of Ravencoin, a blockchain dedicated to creation and peer-to-peer transfer of assets, saw an astronomical surge of 94% just hours after it was listed on Upbit exchange, even as Bitcoin dropped below $105,000 on Thursday.
Upbit exchange announced listing of Ravencoin on Wednesday with 5 pm Korean Standard Time (KST) as scheduled for transaction support start time. Fans of Ravencoin showed their excitement on social media as news broke out of the token getting listed on Upbit.
The surge in interest around $RVN after Upbit listing has made the token outperform the entire crypto market on Thursday, which is down by 3%.
According to data on Coingecko, the price of $RVN reached $0.0217 with a massive 94% surge in less than 24 hours, after South Korean exchange listed the token on Thursday. At the time of publishing of this report, $RVN is priced at $0.019.
When it comes to daily trading volume, Ravencoin saw $75,026,484 in the past 24 hours, registering a mammoth 721.60% increase when compared to previous day. The market cap of $RVN is at $289 million while the total token supply has been fixed at 15 billion.
Meanwhile, Bitcoin dipped below $105,000 on Wednesday recording a marginal decrease of 0.8% in the past 24 hours with $24.79 Billion as daily trading volume. The overall crypto industry has also witnessed a downfall of 3% on Thursday with overall market cap of $3.4 trillion and 24-hour trading volume of $92.14 billion. Experts have pointed out towards ongoing tariff tensions between U.S. and China as a major reason behind global markets slump including crypto industry.
With Korea’s largest exchange Upbit officially listing Ravencoin, fans are now speculating whether $RVN would be able to maintain the hype that has been built around it, especially when the crypto market is down.
Ravencoin, a Bitcoin clone, formed a God candle on Thursday, June 5, soaring to its highest point since December.
Ravencoin (RVN) jumped to a high of $0.027, up 155% from its opening price and 210% from its lowest level in April. It then pulled back and settled at $0.016, giving it a market cap of $255 million.
Ravencoin’s price spike followed its listing on Upbit, the largest South Korean crypto exchange. This listing triggered a surge in interest from South Korean traders, who can now buy the token using their local currency.
CoinMarketCap data shows that most of Ravencoin’s trading volume occurred on Upbit. Its daily volume spiked to $445 million, with Upbit accounting for $170 million of that total.
Ravencoin’s rally mirrored the performance of other cryptocurrencies after their Upbit listings. For example, Orca (ORCA) price surged by over 200%, while Arkham and Kaito rose 55% and 25%, respectively, following their listings. Most recently, tokens like Livepeer and Pocket Network also posted sharp gains after being listed.
This pattern stems from South Korea’s significance in the crypto market. A report from February showed that the country ranks as the third most active market after the United States and China, with average daily trading volume across South Korean exchanges climbing to $12 billion.
However, these post-listing pumps often prove short-lived. Orca, for instance, jumped to $5.57 after its listing, only to plunge 70% to $1.698 within days. Similarly, Pocket Network rallied to $0.0898 last week but has since dropped 41% to $0.052.
Ravencoin is a Bitcoin (BTC) fork optimized for lower transaction costs and faster speeds. One key difference is its supply cap: Ravencoin has a maximum supply of 21 billion coins, compared to Bitcoin’s 21 million.
Ravencoin price analysis RVN price chart | Source: crypto.news The daily chart shows that RVN bottomed at $0.008977 in April and then moved within an ascending channel. It dipped to the lower boundary of this channel earlier this week before forming a God candle following the Upbit listing. The price initially surged to $0.02573 before easing to $0.0166 as hype around the listing faded.
Ravencoin remains above both the 50-day and 100-day moving averages, as well as the upper side of the ascending channel. Therefore, the most likely scenario is a continued pullback, potentially to $0.0125, its lowest swing point from August of last year. Such a move would imply a 25% decline from current levels.
Ravencoin (RVN) and Lagrange (LA) are the top trending tokens in the market today South Korean exchange, Upbit, listed RVN and announced market support for LA, driving their price growth While the crypto market continues its average performance, some altcoins are showing exceptional growth today. Bitcoin and Ether continue to surf at around $104K and $2.5K price levels, and major altcoins like XRP, Solana, Dogecoin, and BNB also record no significant price surges.
Meanwhile, two altcoins, Ravencoin (RVN) and Lagrange (LA), are shaking the market with their price rallies. They even made it to the popular top trending list on the CoinMarketCap live-price tracking platform. If a cryptocurrency is recording price growth, there could be multiple reasons. One of the main ones is a token listing announcement by a renowned crypto exchange platform!
Ravencoin (RVN) and Lagrange (LA) Prices Rally Following Upbit Listing Upbit is the largest crypto exchange platform in South Korea, and its token listing announcements often led to huge price spikes. On similar lines, its recent announcements about Ravencoin and Lagrange have resulted in their incredible price surges.
Upbit has announced that its users can now trade RVN tokens with local KRW currency on the platform. The token went live on the exchange today at 5 pm local time.
Ravencoin (RVN) witnessed a sharp price spike and went from a low of $0.01079 to a 24-hour high of $0.02267. The upbit listing is the major drive behind its 100% surge. The RVN token is currently trading at $0.01598 with only a 45% 24-hour surge. Its trading volume has increased by a whopping 6,074.18%, thanks to the Upbit listing announcement.
On the other hand, Lagrange (LA) is a relatively new token that made its entry to the market not more than a couple of days ago. Upbit has announced that it is going to offer trading support for Lagrange token in BTC and USDT markets. This is huge news from an exchange like Upbit for a relatively new token like LA.
The Lagrange (LA) token has witnessed considerable growth since its launch. And a market support announcement by Upbit has further boosted its market price. The LA token is currently trading at $1.32, with a 240% price surge in the last 24 hours. It is gaining huge traction from day 1, being developed by a zk-proof networks developer.
South Korea has a thriving community of crypto enthusiasts. Events like these further confirm its leading position in global crypto markets. The recent change of government in South Korea is optimistic for the crypto space.
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Manisha is a proficient content writer with a keen eye for blockchain, NFTs, and fintech trends. With a passion for breaking down complex topics, she delivers insightful and engaging content for the Web3 community. Her expertise spans emerging market trends, latest news, and industry developments.
Bitcoin and top altcoins like Venice Token, Kaia, Ravencoin, Fartcoin, and SPX6900 rose on Monday as U.S.-China trade talks got underway.
Bitcoin (BTC) climbed to $108,000, its highest level since May 29, marking a 7.55% gain from its monthly low. Venice Token (VVV) rose to $3.52, sharply up from this month’s low of $2.56.
Similarly, Kaia (KAIA), Ravencoin (RVN), Fartcoin (FARTCOIN), and SPX6900 (SPX) jumped by over 10% on Monday. This surge brought the market capitalization of all coins to over $3.35 trillion.
The likely catalyst was the easing of trade tensions between the United States and China, with negotiations beginning in London on Monday afternoon. Talks are expected to extend into Tuesday.
Markets are hopeful that the two sides will reach an agreement to ease export controls and possibly reduce tariffs. Such an outcome would likely temper investor fears that have lingered for months amid escalating trade restrictions.
Bitcoin and altcoins rose as accumulation continued. Strategy bought 1,045 coins worth $110 million last week, bringing its total holdings to 582,000 coins worth over $62 billion. Other companies like Trump Media, MetaPlanet, and GameStop have continued buying Bitcoin.
This wave of accumulation has pushed the amount of Bitcoin held on exchanges down to 1.18 million, compared to 1.57 million on January 1. Declining exchange balances are typically viewed as bullish, indicating that investors are moving assets into self-custody for long-term holding.
Bitcoin supply on exchanges | Source: Santiment Bitcoin also jumped after some bullish statements from top players in finance. Cathie Wood believes that Bitcoin price could jump 15x from here in the next five years. FundStrat’s Tom Lee also believes that the coin will end the year at between $200,000 and $300,000 this year.
Bitcoin price cup and handle pattern activates BTC price chart | Source: crypto.news Further, Bitcoin and other altcoins rose as Bitcoin’s cup-and-handle pattern activated. As the chart above shows, it has moved above the upper side of the descending channel, pointing to an eventual surge to $142,000, as we predicted here. Altcoins do well when Bitcoin is in a strong rally.
The financial markets are currently reacting to the ongoing escalation between Iran and Israel. Amid this clash, the crypto market is also affected, as Bitcoin and altcoins are witnessing selling pressure.
However, Ravencoin’s trend is still bullish, and it is coming down to its key levels from where it can bounce again. Let’s find the key levels in detail in this Ravencoin price prediction.
Table of Contents
What is Ravencoin?Ravencoin price predictionRavencoin coin price prediction: short-term outlookRavencoin price prediction 2025Ravencoin price prediction 2030 Since its launch, Ravencoin (RVN) has reached an all-time high of $0.27391, followed by a 1363% price drop. At the time of writing, it is currently trading at $0.0196, which represents a 45% drop from $0.03573, which was seen 5 months ago in December 2024..
RVN 1 week chart | Source: crypto.news In this article, we’ll discuss RVN price prediction by giving you its short-term and long-term price forecasts and exploring whether this token can continue its bullish run.
What is Ravencoin? The goal of Ravencoin, a digital peer-to-peer (P2P) network, is to deploy a use case-specific blockchain that is intended to effectively manage a single function: the transfer of assets between parties. Built on a fork of the Bitcoin (BTC) code, Ravencoin was first announced on October 31, 2017, and on January 3, 2018, it released binaries for mining. This was known as a fair launch because there was no premine, initial coin offering, or masternodes. Its name was inspired by the Game of Thrones television series.
Ravencoin, which is a fork of the BTC code, has four major features: a mining algorithm (KAWPOW, formerly X16R and X16RV2 respectively) designed to lessen the centralization of mining brought on by ASIC hardware; a modified issuance schedule (with a block reward of 5,000 RVN); a block time reduction to one minute; and a coin supply cap of 21 billion, which is a thousand times greater than BTC.
Ravencoin seeks to address the issue of blockchain trade and asset transfers. In the past, an asset produced on the BTC blockchain could unintentionally be destroyed when the coins used to create it were traded.
Token assets on the Ravenchain can only be issued by burning RVN coins, which are intended to function as internal currency within the network. A stake of a project, such as equities and securities, airline miles, an hour’s pay, or real-world custodial items like gold or actual euros, can all be represented by the assets.
Now let’s discuss RVN price prediction for this year and in the coming years as well.
What can be a realistic projection for the RVN token? Let’s dive into the RVN price prediction for 2025 and 2030.
Ravencoin coin price prediction: short-term outlook According to CoinCodex’s Ravencoin price prediction for the near future, the token is projected to drop by -0.85% and reach $0.01973 by July 13, 2025.
As of June. 13th, 2025, the overall sentiment of the RVN price outlook has turned slightly bullish, with 14 technical analysis indicators showing bullish signals, 4 indicating bearish trends, and 7 indicators showing neutral forecasts.
Ravencoin price prediction 2025 For the remaining months of 2025, DigitalCoinPrice predicts that the RVN token’s price could fluctuate between $0.0170 and $0.0418, and may likely hold a yearly average of $0.0358.
CoinCodex projects that the RVN token can trade in the price channel of $0.019725 and $0.021148 in 2025.
While the general sentiment in the financial markets is that 2025 will be the year of the bull, it is important to understand that this prediction also has a chance of being wrong. BTC has already breached the $100k mark, and there is a possibility that it may be at the top of this bull cycle. Hence, it is advised to do your research before investing in RVN or any other cryptocurrency with the hopes of gaining on your investment in 2025.
Ravencoin price prediction 2030 As per CoinCodex’s Ravencoin crypto price prediction for 2030, RVN’s price could vary between $0.02421 and $0.026785.
DigitalCoinPrice expects that RVN’s price could climb to $0.0904 and $0.10 by the end of 2030.
Before trusting any source that is trying to predict the RVN price prediction for 2030, you should understand that it is a cryptocurrency and, like all other tokens, the RVN token’s price can be highly volatile.
2030 is five years away, and many cryptocurrencies can become obsolete in that time. This is why it is hard to give a realistic price prediction for any token, including RVN. A great way for RVN to survive these five years and continue its ascent in the crypto market is to continue building its blockchain technology and partner with key players in the digital crypto space. You should research and keep yourself updated with the latest developments in the upcoming years to make an informed investment decision in the RVN token.
Is Ravencoin a good investment? Before investing in any cryptocurrency, including RVN, please identify and understand the inherent risks that can come due to market volatility. Additionally, it is worth noting that the sentiment in the cryptocurrency market can change rapidly, and a token that was once considered a future investment may also be delisted from major exchanges. Hence, it is advisable to do your research on the token’s fundamentals before having any price expectations for the future of the RVN token.
Will Ravencoin go up or down? Cryptocurrencies in general experience rapid price swings that are directly driven by market sentiments, community engagement, events like token burns, and so on.
While it is challenging to predict the exact value of the RVN token, it is essential to watch for potential buying factors that may include new partnerships, increased token holders, or viral campaigns.
It is also vital that you rely on financial experts and consult them for Ravencoin price prediction, but even after all that, you should remain cautious, as no one can accurately predict how high or low RVN can go.
Should I invest in Ravencoin? Before investing in any cryptocurrency or trusting any Ravencoin price forecast, please identify and understand the inherent risks that can come due to market volatility. Additionally, it is worth noting that cryptocurrencies, in general, are highly speculative investments, and their success relies not only on market volatility but also on the constant and sustainable growth of their community. Hence, it is advisable to do your research on the token’s fundamentals, which may very well decide the future of the RVN token.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
In this patch of your weekly Dispatch:Nexo grows Q1 loan bookDe-escalation trade cappedBTC implied vol stays compressedMarket cast
BTC: weekly and daily indicators offer no directional biasOn the weekly chart, price is holding marginally above the 20-period SMA, leaving the longer-term trend intact but unconvincing. RSI is neutral, offering no momentum bias. Stochastic has rolled out of overbought, easing the buy-side pressure built up at recent highs. The MACD histogram remains positive, so bullish momentum is still in place. ADX is declining, indicating that trend strength is weakening regardless of direction.
On the daily chart, we see the same setup in compressed form. RSI and Stochastic are flat and neither gives a directional cue. The MACD histogram sits marginally below zero, a mild bearish tilt rather than an outright sell signal. ADX is at low levels, the standard reading for a range-bound tape.
Key levels to watch. On the downside, immediate support sits around $75,500, with the next zone at $70,000–$71,000. The weekly 20-period SMA may also act as dynamic support. On the upside, immediate resistance is around $78,000–$79,000, with the next zone at $82,000.
The big idea
Bitcoin's reserve and credit layers come into viewMay has been a bumpy de-escalation trade. Bitcoin's range has held through it, but on a discretionary bid that remains macro- and sentiment-sensitive. Two events last week point to a structural shift in that base: a reserve layer that takes supply off the float, and a credit market mature enough that long-duration holders don't have to sell into stress.
Market context. BTC is up 0.5% month-to-date through May 23, with realized volatility at 28% annualized, the third-lowest May reading since 2011. The range held through the worst weekly ETF outflow since January, a hot April CPI print on May 12, and Mark Cuban's public exit. Strategy's $2.01 billion purchase last week largely offset a simultaneous $1 + billion ETF outflow. But on May 5, Saylor signaled Strategy may sell Bitcoin to fund STRC dividend obligations — the first such signal since 2020, and a reminder that even the closest thing to an unconditional buyer is conditional.The reserve layer (ARMA). Underneath, however, the structural layer is being built. On May 21, Representatives Begich and Golden introduced the American Reserve Modernization Act (ARMA) with 17 co-sponsors. If passed, it would consolidate existing federal Bitcoin holdings (1.0% to 1.6% of total supply) under Treasury custody, mandate a 20-year hold, and direct a study on budget-neutral acquisition strategies. Notably, by codifying reserve status in law rather than executive order, ARMA lowers the political risk of reversal and raises Bitcoin's credibility as a reserve asset for other sovereigns weighing their own exposure. The marginal sovereign bid that follows would build slowly, on a horizon longer than any allocator cycle.The credit layer. The crypto credit market has matured, consolidating around quality operators after October's liquidation event. Nexo cements its place at the center of that consolidation. Per Galaxy Research's Q1 2026 leverage report, Nexo was one of only four CeFi lenders to grow its loanbook, while the broader CeFi market contracted. Nexo is among the three largest lenders globally with a 7.02% market share across tracked CeFi lending. The maturing credit layer means long-duration holders can actively manage exposure through weakness without being forced to sell.The gold parallel. Central banks hold around 38,666 tonnes of gold — about 18% of all above-ground supply (World Gold Council). Those reserves turn over slowly. ARMA is the first credible legislative path to an equivalent structure for Bitcoin. A mature lending market against those reserves is the second piece of the same architecture. The throughline: Bitcoin's bid is shifting from buyers who can change their minds to holders who won't sell, and a mature credit market that means they don't need to.
TradFi trends
One hedge for all Bitcoin ETFs The SEC approved a new Bitcoin options product on May 22, listed on Nasdaq under the ticker QBTC — the first U.S. securities-exchange options contract that references the Bitcoin spot price directly. Existing IBIT and FBTC options track a single fund. Cboe's CBTX, listed since December 2024, broadens that to an index of spot Bitcoin ETFs. QBTC goes a step further, referencing an index built from order-book data at eight crypto exchanges — no fund layer in between. It clears in the same brokerage account and uses the same margin rules as S&P 500 index options, so TradFi institutions can hedge Bitcoin the way they already hedge equities. Trading begins once the CFTC signs off and the OCC updates its disclosure document, expected in the second half of 2026.
Macroeconomic roundup
De-escalation meets rates reality The de-escalation trade returned last week but was capped by hawkish central banks. Brent fell from above $110 to $105.5 on Iran negotiation headlines, and U.S. equities recovered most of the geopolitical risk premium. Bond yields moved the other way. The U.S. 10-year closed near 4.6%, with the 30-year touching its highest level since July 2007. The April 28–29 FOMC minutes ran more hawkish than the statement implied. Many participants would have preferred to drop the bias language outright, citing upside inflation risks from oil, tariffs and Middle East tensions. The majority signaled that further firming would likely become appropriate if inflation persists above 2%, with some discussion that the next move could be a hike rather than a cut.
The yield move was not uniform across regions:
The 10-year U.S.-Bund spread reached 150 basis points, its widest since August 2025. Both the ECB and the U.S. Fed are hawkish but the macro backdrop is diverging. The U.S. is dealing with sticky inflation against resilient growth, Europe with sticky inflation against cracking growth. The flash eurozone composite PMI fell to 47.5 in May, a 31-month low, leaving the ECB hiking into a slowdown.The week's most interesting data story
BTC implied volatility remains at historically low levelsBitcoin implied volatility continues to compress as BTC stabilizes in the upper $70,000s after recovering from its early-February low near $63,000. The term structure, inverted through February and March, has normalized. As of May 21, 1-week ATM IV sits at 29.3%, 1-month at 34.4%, 3-month at 37.3%, and 6-month at 40.7% — all within a few points of their respective 15-month lows. Traders are pricing in relative calm despite persistent macro uncertainty and a still-fragile market structure. Historically, prolonged periods of suppressed Bitcoin volatility rarely last; compression regimes tend to precede significant directional moves, particularly when spot stabilizes after large drawdowns.
The numbers
The week’s most interesting numbers5.2% — U.S. 30-year treasury yields hit a 19-year peak last week, marking a major bond market selloff, driven by escalating inflation fears.
32.7% — Bitcoin's 1-month implied volatility compressed in May, hitting its lowest level since September 2025.
$230 million — combined net inflows into spot SOL and XRP ETFs over the first 16 trading days of May 2026, with neither product registering a single outflow day.
65.2%— the share of all EUR stablecoins hosted on Ethereum.
Hot topic
What the community is discussinghttps://x.com/_10delta_/status/2058551705051058277
AI and utility driven infra will lead the next leg higher, they say.
Yield curve control plus money printing will drive capital out of dollars into alternative stores of value.
Dispatch is a weekly publication by Nexo, designed to help you navigate and take action in the evolving world of digital assets. To share your Dispatch suggestions and comments, email us at [email protected].
In this patch of your weekly Dispatch:Macro effects add upETH target $4,000 by 2026 HODLers add 40K BTC in MayMarket cast
BTC slows down in headwindsAfter seeing a substantial wave of ETF outflows and geopolitical uncertainty recently, Bitcoin is struggling to hold its footing, and the technical picture reflects that strain across timeframes.
On the weekly chart, price has slipped below the 20-period Simple Moving Average – the middle Bollinger Band, losing what had been a key dynamic support level. The RSI and Stochastic, both momentum oscillators, have not yet reached oversold territory, though both signal lines are pointing lower, and the MACD histogram, while still above zero, offers limited reassurance of a near-term recovery.
On the daily chart, the picture looks more strained. Price is pressing against the lower Bollinger Band and trading below most major moving averages – key trend-following indicators, reflecting broad short-term weakness. The RSI and Stochastic have both crossed into oversold territory – a reversal of those signal lines would be the first sign that selling pressure is beginning to ease. The MACD histogram remains in negative territory, adding to the bearish case.
Key levels to watch: To the downside, the psychological $70,000 level is the immediate line of defence, with $66,000 as the next meaningful floor if that gives way. To the upside, $73,000–$74,000 is the first resistance zone to clear, followed by $76,000–$77,000 above that.
The big idea
The U.S. job market is Bitcoin’s new catalystRisk appetite in crypto has shifted from momentum to patience, with Bitcoin and the broader market entering a consolidation phase. While this stage is defined less by fear and more by a lack of clear movers and shakers, there is one catalyst potentially driving the next leg and this is the labor market.
What's ahead: The calendar this week builds toward a single question: how healthy is the U.S. labor market? ISM Manufacturing PMI on Monday and JOLTS Job Openings on Tuesday set the tone, followed by ADP Employment Change and ISM Services PMI mid-week. Then on Friday, the May Nonfarm Payrolls report lands alongside the Unemployment Rate and Average Hourly Earnings — the week's defining moment.
The data matters because it speaks directly to what the Fed does next. A notably soft payrolls print could revive rate cut expectations and give risk assets, Bitcoin included, room to breathe. A strong number keeps the Fed on hold and the pressure on. Either way, after weeks of fading geopolitical headlines and inconclusive inflation readings, markets are finally looking at data that could shift the picture.
Where we stand: For the first time since its launch, the Spot Bitcoin ETF recorded a 10-day outflow streak. Between May 15 and 29, nearly $3 billion left Bitcoin ETFs across the board. The price told the same story — BTC slipped from $80,000 to the $73,000 range, closed May in the red, and has struggled to reclaim higher ground since. The broader crypto market has followed suit, with Ether slipping back below $2,000 and trading volumes sitting at historic lows.
The geopolitical backdrop has offered limited relief. When President Trump announced a near-finalized peace framework with Iran in late May, Bitcoin briefly spiked toward $77,000 — only to retrace as negotiations proved more complex than initially signalled, with both sides still working through core terms. The pattern is becoming familiar: BTC reacts to the headline, then waits for the substance to follow. At this point, the market appears to be looking for a signed deal rather than a framework.
On the monetary policy front, last week's PCE inflation print came broadly in line with expectations — neither hot enough to slam the door on future rate cuts, nor cool enough to open it. The Federal Reserve remains in a holding pattern, and with new Fed Chair Kevin Warsh preparing for his first policy meeting on June 16-17, the stakes around incoming data have only grown higher.
Beneath the surface, there is a quietly encouraging signal worth watching — one we unpack in this week's data story. Open interest has reset to multi-week lows and funding rates have turned mildly positive, suggesting the market is digesting the drop with accumulation rather than panic. Bitcoin has been patient. This week, it may get an answer worth reacting to.
Ethereum
Is ETH having its Amazon 2001 moment?Ether has shed 57% from its August 2025 highs, but Standard Chartered argues the price is telling the wrong story. The bank draws a direct parallel to Amazon during the 2001 dot-com crash — where internal metrics kept improving while the stock collapsed. The same, they say, is happening with Ethereum today: transaction volumes and total value locked remain near all-time highs, 54% of all stablecoins settle on Ethereum, stablecoins account for a third of all Ethereum transactions in 2026, and the network hosts 62% of all tokenized real-world assets and 68% of all active on-chain loans. The stablecoin market cap could grow sixfold to $2 trillion by 2028, while RWAs could expand 50x over the same period. Their long-term price targets: $4,000 by end-2026 and $40,000 by end-2030. The market just hasn't caught up yet.
Hot in crypto
The new top 10 in crypto?Hyperliquid's HYPE token kicked off June with a statement. After closing May with gains exceeding 70%, HYPE hit a new all-time high of $74, pushing its market cap above $16 billion and displacing DOGE as the 10th largest digital asset. The move came during a broader market retreat, making it all the more striking.
Institutional interest is visibly growing, with asset managers beginning to structure dedicated investment vehicles around HYPE — a signal that the platform's transition from a niche derivatives exchange into institutional-grade trading infrastructure is gaining credibility. That said, with a 70% monthly gain and a near-vertical chart, it may be too early to say how much of this move is structural and how much is momentum. This is definitely one to watch.
The week's most interesting data story
BTC hodlers aren’t blinkingWhile Bitcoin's price has struggled to find direction, one group has been sending a quiet but clear signal. Long-term holders, after a period of distribution through much of the past year, turned to accumulation at the start of 2026 and haven't looked back. Even through the late May selloff, the Hodler Net Position Change climbed nearly 6%, from 38,056 BTC to 40,309 BTC. When prices fall and long-term holders accumulate rather than exit, it tends to say something about where conviction actually sits.
The numbers
The week’s most interesting numbers$322 billion — the total stablecoin market cap hit a fresh all-time high in late May, now exceeding the FX reserves of 95 countries.
$35 million — net inflows into XRP ETFs between May 20-29, bucking the broader market trend.
15.8 million BTC — the amount of Bitcoin now classified as long-term holder supply, a new all-time high.
$35 trillion — the total stablecoin transaction volume processed last year, according to Chainalysis.
Hot topic
What the community is discussingThe analyst has called it, so watch out for the move.
Nexo whales stay in the ecosystem.
Another hot one in crypto this week.
Dispatch is a weekly publication by Nexo, designed to help you navigate and take action in the evolving world of digital assets. To share your Dispatch suggestions and comments, email us at [email protected].
In this patch of your weekly Dispatch:Big hands add ETHU.S. CPI arrives WednesdaySpaceX goes publicMarket cast
BTC navigates a confluence of supportBitcoin is consolidating near a confluence of key support levels, with technical indicators across both timeframes approaching oversold territory – a setup that warrants attention in the sessions ahead.
On the weekly chart, price has pulled back to the 200-period SMA, a key trend indicator currently acting as dynamic support, while simultaneously hovering near the lower Bollinger Band – a volatility indicator that marks the outer boundary of the current price range. Momentum indicators are sending a cautious signal: both the RSI and Stochastic oscillators are sitting right at the edge of oversold territory. Meanwhile, the MACD histogram – a trend and momentum indicator, manages to hold slightly above the zero line, a level worth watching closely.
On the daily timeframe, price is trading below most major SMAs, with trend indicators broadly reflecting the prevailing bearish pressure. However, momentum indicators are beginning to show early signs of a shift – both the RSI and Stochastic signal lines, while still in oversold territory, are trending upward, suggesting the selling pressure could be fading. The MACD histogram remains in negative territory and will need to reclaim the zero line to confirm any meaningful recovery.
Key levels to watch: Support sits at the immediate $63,000 level, with the next significant floor around $60,000. The 200-period weekly SMA also continues to serve as dynamic support on any further downside. To the upside, the first resistance to clear is around $64,000, followed by a more meaningful hurdle at the $68,000–$69,000 zone.
The big idea
Bitcoin: Near the buying zone?We've held a hopeful view on Bitcoin's recovery for some time now. The macro environment had other ideas. May's nonfarm payrolls came in at 172,000 – more than double expectations, reinforcing a labor market that simply hasn't given the Federal Reserve reason to ease. Rate-cut hopes have since faded, with markets now pricing in a probability of rate hikes before year-end. Add to that the ongoing U.S.-Iran tensions keeping energy prices elevated, and the conditions for a sustained rally just haven't been there.
Beneath the macro noise, one on-chain signal is quietly approaching a threshold that has marked a turning point in every previous Bitcoin cycle. It functions less like a price target and more like a law of gravity. It's called the realized price – the average cost basis of every bitcoin in circulation, calculated from the last time each coin actually moved on-chain. Right now, that number sits around $54,000. Bitcoin has traded below it during every major bear market, and each time, it has recovered. With the market now down more than 22% over the past month, the realized price is coming into view. Head over to this week’s data story for the chart.
The past few weeks have seen meaningful pressure across the market. Bitcoin briefly dipped below $60,000 last week, as spot ETFs recorded $4.2 billion in outflows over three consecutive weeks. Beneath that, though, the data is beginning to look familiar. The 200-week moving average was touched last week at around $61,300, a long-term support level that has held through every previous cycle. On-chain capitulation metrics are at levels not seen since 2022. CryptoQuant founder Ki Young Ju notes that bear markets have typically ended near the realized price. Standard Chartered signaled the current range could come to be a "buying zone."
Bitcoin's recovery back above $63,000 over the weekend, analysts say, may be an early sign that sellers are running out of conviction. That doesn't make a recovery certain, or its timing predictable, but with so many on-chain signals aligned at historically significant levels, the ingredients for a cycle low are accumulating. Whether they've fully ripened is a question only time and price action can answer.
Ethereum
Signals under ETH’s pullback?Ethereum fell more than 16% last week, briefly slipping below $1,600 as geopolitical tensions, a cautious Fed, and ETF outflows weighed on the broader market – a far cry from the $4,000 year-end target Standard Chartered floated in our last issue.
Beneath the decline, though, large wallets were quietly accumulating. The biggest cohort of whale addresses added roughly 290,000 ETH in the first week of June, while mid-sized wallets trimmed their positions, suggesting conviction is concentrated at the top end of the holder spectrum. Meanwhile, exchange reserves across major platforms fell by around 475,000 ETH. Coins leaving exchanges tend to signal holding intent rather than selling pressure for the same pattern emerging in Bitcoin: the hands most likely to hold through a cycle are the ones adding at these levels.
Macroeconomic roundup
Macro clarity or complexity – this week decidesFive releases, three central banks, and a U.S. inflation print that could reset expectations for the rest of the summer. This is the week the macro picture gets a little clearer — or a lot more complicated.
U.S. CPI (Jun 10): Headline expected at 4.2% YoY, up from 3.8%. The week's most market-moving release.
ECB Interest Rate Decision (Jun 11): Expected hike to 2.25% from 2.00%, signaling Europe's tightening cycle still has room to run.
U.S. PPI & Jobless Claims (Jun 11): Both PPI figures expected to ease; claims at 218K — steady and unlikely to shift sentiment.
U.K. GDP (Jun 12): Expected contraction of 0.1% MoM after prior growth of 0.3% — a further softening of the European economy.
TradFi trends
Gold stumbles, SpaceX goes publicSpaceX has priced its IPO at $135 per share, targeting a $75 billion raise at a $1.75 trillion valuation. For crypto markets, the listing is notable for one reason: SpaceX carries nearly 19,000 bitcoin on its balance sheet, bringing meaningful indirect BTC exposure into public markets for the first time.
Gold, meanwhile, has broken below its 200-day moving average for the first time since October 2023, slipping under $4,300 and into bear market territory. The move was driven by the same stronger-than-expected jobs report that pressured crypto – a reminder that macro forces move markets broadly, not selectively.
The week's most interesting data story
Where Bitcoin forms a bottomAs discussed in this week's big idea, the realized price is the metric worth understanding right now. The realized price – the average cost basis of every holder on the network, currently sits at $54,000. With spot prices near $63,000, the average Bitcoin acquisition is still sitting on an unrealized gain. In every previous bear market, Bitcoin has fallen to or below this level, and every time it has, it has recovered. What's telling about this cycle is that it hasn't happened once. That's not a guarantee of anything, but historically, it's exactly the kind of floor that long-term cycles are built on.
The numbers
The week’s most interesting numbers$2.6 billion — Net ETF outflows year-to-date, but Bernstein says Bitcoin's "boring cycle" doesn't dent the store-of-value thesis.
4.59% — Bitmine bought 127,000 ETH for $207 million into the downturn, bringing its treasury to almost 5% of ETH's total circulating supply.
100 — The U.S. Dollar Index has crossed back above this level for the first time in two months, driven by May's blowout jobs report.
17 days – Ethereum ETFs had gone 17 consecutive sessions without a net inflow before finally reversing on June 4, pulling in $19.3 million.
$5.5 billion — The tokenized stocks market has grown 147% since January, as crypto-native investors increasingly seek equity exposure on-chain.
Hot topic
What the community is discussingVisualizing the BTC bottom?
Doesn’t this show BTC is currently discounted?
Back to regular business.
Dispatch is a weekly publication by Nexo, designed to help you navigate and take action in the evolving world of digital assets. To share your Dispatch suggestions and comments, email us at [email protected].
In this patch of your weekly Dispatch:First decision under new Fed chairMarket-moving macro comesSpaceX's Bitcoin goes publicMarket cast
BTC shows green in the chartsBitcoin's technical picture is showing early signs of a shift. On the weekly chart, price has bounced from the 200-period SMA — a key long-term trend indicator, and is now pushing toward the middle Bollinger Band, a volatility indicator that marks the midpoint of the current price range. The RSI and Stochastic oscillators, both momentum indicators, remain at relatively low levels but their signal lines are turning higher — a tentative sign of building bullish momentum. The MACD histogram, a trend and momentum indicator, sits slightly above the zero line, keeping the longer-term structure cautiously constructive.
On the daily chart, the picture is more nuanced. Price is now testing the middle Bollinger Band, which is acting as dynamic resistance at current levels. The RSI has moved into neutral territory and continues to rise, while the Stochastic signal lines are approaching overbought conditions — a reminder that the short-term rebound may need to consolidate before extending further. The MACD histogram has moved into positive territory and is trending higher, offering some near-term encouragement.
Key levels to watch: Support sits at $63,000 and $61,000. To the upside, the first hurdle is the daily middle Bollinger Band as dynamic resistance, followed by the $68,000–$69,000 zone and $71,000 beyond that.
The big idea
Will a new Fed chair support Bitcoin’s recovery?For months, uncertainty around the U.S.-Iran conflict has weighed on risk assets and capped every Bitcoin recovery attempt. Over the weekend, reports of a ceasefire agreement offered some relief — oil prices fell sharply, Asian equities moved higher, and Bitcoin climbed back above $65,000 for the first time in nearly two weeks. The situation is still developing, with the formal signing expected later this week. But for now, at least, one of the market's more persistent sources of anxiety appears to have eased.
The next focus shifts quickly to Wednesday, when the Federal Reserve delivers its June 17 interest rate decision — the first under new Chair Kevin Warsh. A hold is widely expected, with markets pricing in around a 97% probability of no change. The more consequential question is what the accompanying dot plot and Warsh's press conference reveal about the path ahead. Specifically, whether rate hikes later this year remain a genuine possibility.
The data the Fed is walking in with offers no easy answers. May's CPI came in at 4.2% year-on-year — elevated, but in line with expectations, with core monthly inflation coming in slightly softer than forecast. The labor market paints a similarly nuanced picture: three consecutive months of solid job gains, unemployment holding at 4.3%, yet weekly jobless claims ticked above forecasts last week and there are early signs of strain beneath the surface — long-term unemployment is rising and hiring intentions among small businesses have fallen to a six-year low. The Fed will see a labor market that is neither breaking down nor giving it room to ease. That is the difficult position Warsh inherits on Wednesday.
How Bitcoin responds will depend heavily on tone. If the dot plot suggests inflation is moving back toward target, and that cuts could be possible by late 2026, the market may find the catalyst it has been looking for. A more hawkish signal — higher for longer, or any suggestion of hikes — could undo much of the weekend's recovery and bring $60,000 back into view.
In the meantime, some early signals are worth noting. Standard Chartered believes the cycle low is in at $59,000, pointing to three confirmations: ETF inflows returning, oil prices falling, and Strategy resuming purchases. All three appear to be falling into place — Bitcoin ETFs pulled in $85.8 million on Friday, and Saylor delivered on his word. On-chain, a seller exhaustion signal tracked by Glassnode showed that the market's largest whale cohorts added close to 11,000 BTC on the same day – see more in this week’s data story.
So where does that leave us? One source of uncertainty has eased. Whether the Fed provides another on Wednesday remains to be seen — but the answer may go a long way toward defining where Bitcoin goes.
Ethereum
ETH still in its early days? ETH's price may be struggling, but the institutional story is quietly accelerating. In a recent CoinDesk interview, Etherealize founder Vivek Raman described Ethereum as "the infrastructure for Wall Street" — and argued that large financial institutions have moved well beyond proof-of-concept, now deploying on public blockchains in production. Tokenized stocks, bonds, real estate, and funds are all expanding beyond stablecoins as the institutional entry point.
The price disconnect, Raman says, comes down to timing. Institutional sales cycles are long, and the full wave of assets has yet to migrate on-chain. The argument is that Ethereum's network effect — built on years of liquidity dominance and institutional deployments — has created the foundation, but the scale of adoption hasn't been reflected in the asset yet. When more tokenized assets settle on Ethereum, the expectation is that the market will reprice ETH's role accordingly, Raman argues. Which means we may simply be early. The infrastructure is there, the institutions are arriving, and ETH's price may just need time to catch up.
Macroeconomic roundup
Macro signals play tug of warMarkets head into the week on the front foot after the Iran peace deal lifted oil prices and risk sentiment. The calendar is packed — two central bank decisions, European inflation prints, and a stream of U.S. data all landing within 72 hours.
Eurozone CPI YoY (Jun 17): Confirms whether the ECB's recent hike is working — any upside surprise adds to the higher-for-longer narrative.
US Retail Sales MoM (Jun 17): A read on consumer spending that feeds directly into the Fed's economic projections released the same day.
UK CPI YoY (Jun 17): A hot print keeps pressure on the Bank of England to stay tight.
BoE Interest Rate Decision (Jun 18): The Bank of England navigates its own balancing act between slowing growth and sticky inflation.
Philadelphia Fed Manufacturing Index (Jun 18): A miss here could further complicate the picture for U.S. economic momentum heading into the summer.
Initial Jobless Claims (Jun 18): Claims have been creeping higher — a reading above 220,000 would add weight to the case for eventual easing.
TradFi trends
The world’s first trillionaireSpaceX made history last week with the largest IPO ever, raising $75 billion at $135 per share before jumping 19% on its Nasdaq debut — briefly touching $176.50 intraday and closing at $161, pushing its market cap above $2 trillion. Shares continued climbing on Monday pre-market, hovering around $170.
The listing also made Elon Musk the world's first trillionaire. His 42% stake in SpaceX, combined with his Tesla holdings, put his total net worth at $1.11 trillion. SpaceX's business spans reusable rockets, the Starlink satellite network, and long-term ambitions around orbital data centers — a story that analysts say could take two decades to fully play out, but one the market appeared willing to bet on from day one.
The week's most interesting data story
What a whale wantsOne of the more reliable tools for identifying Bitcoin cycle bottoms is a metric called the Seller Exhaustion Constant — a Glassnode indicator that flags the moment when sellers have largely done their worst, capturing the point at which supply in profit is low, and volatility has compressed. Historically, it has marked the point where there is simply less left to sell.
On June 11, the signal flashed for only the second time in 2026. The last time it appeared, on February 12, Bitcoin went on to rally 24% over the following weeks. What followed this time was telling: two of the largest whale cohorts added close to 11,000 BTC — worth around $700 million — on the exact same day. Bitcoin has since rebounded from its $59,100 low back above $65,000, now testing resistance near $66,600. A sustained move above that level would open the path toward $70,000 and beyond, echoing the trajectory of the last signal. The metric and the market's largest holders are pointing in the same direction.
The numbers
The week’s most interesting numbers1% — The Bank of Japan raised rates to their highest level since 1995, and Bitcoin shrugged it off.
$2 trillion – U.S. spot Bitcoin ETFs are closing in on $2 trillion in cumulative trading volume, less than two and a half years since launch.
18,712 BTC — The bitcoin position SpaceX brought to public markets via its record IPO this week — the largest bitcoin holding ever attached to a public listing
$100 million – Strategy purchased 1,587 BTC this week, bringing its total holdings to 846,842 BTC.
Hot topic
What the community is discussingSo the bottom is in?
Whales in the dip.
Is it Gold’s turn for a pullback?
Dispatch is a weekly publication by Nexo, designed to help you navigate and take action in the evolving world of digital assets. To share your Dispatch suggestions and comments, email us at [email protected].
In a pattern that has been rinsed and repeated countless times this year, crypto markets are crumbling as Bitcoin failed to hold support. The altcoins are still hopelessly tied to their big brother so any pain for it is magnified for them.
Over $20 Billion Exits Crypto Space Over the past 24 hours crypto markets have shrunk to their lowest levels for almost three months. As billions left the space total market capitalization plummeted to $245 billion. All gains since late May have now been wiped out and altcoins are in danger of returning to their crypto winter levels if the rout continues.
total market cap YTD – coinmarketcap.com According to Tradingview.com Bitcoin dominance is still at 71.5% despite a thousand dollar dump. This means that the altcoins have suffered greater losses today, many of them in double digit declines. Bitcoin’s intraday high to low marks a loss of around 9% however the pain is greater elsewhere on crypto markets.
Ethereum, which has seen prices eroding for the past two months, has capitulated below $170 in a 10 percent plunge overnight. A death cross on the four hour chart a few days ago is about to be repeated on the daily chart as the 50 day moving average drops closer to the 200 day MA. This is a major bearish indicator which signals continuation of the down trend.
Development work on the Ethereum network is still ongoing with six new upgrades planned in the Istanbul hard fork slated for mid-October. This has not prevented the bears dumping the asset in panic over big brother’s fall through support however.
There has been little love for XRP either as the Ripple token gets crushed back to a yearly low of $0.25. A lot of bad press and FUD has inspired little confidence in the world’s third largest crypto asset recently.
The rest are faring no better with double digit losses for Litecoin, Binance Coin, EOS, Monero, Cardano, Tron, Dash, Ethereum Classic, Tezos and Chainlink. There are only a handful of low cap altcoins surviving the purge today and they include Golem, SOLVE and HedgeTrade.
The mess has not been missed by industry observers with RT anchor, Max Keiser, commenting;
“#Bitcoin dominance climbs as alt-season fails to materialize and alts resume downward trek to oblivion. BCH and BSV have another 90% drop to go.”
#Bitcoin dominance climbs as alt-season fails to materialize and alts resume downward trek to oblivion. BCH and BSV have another 90% drop to go. pic.twitter.com/muSHYRh6H1
— Max Keiser (@maxkeiser) August 29, 2019
Time to Be Bullish on Altcoins? Some are clinging perilously onto hope however and see opportunity in the misfortune of many crypto assets. ‘WelsonTrader’ tweeted;
“Accumulating some alts within the next 24 hours, as I think we may see a bounce here! Bitcoin may also bounce at support around $9500-$9550! If we break below that, expect a blooody week!”
All eyes are on Bitcoin’s next move as the alts are bound to follow. At the moment it is also clinging perilously onto support around $9,450, but teetering on the edge of a deeper chasm.
Altcoins such as Aster (ASTER), Decred (DCR), and Kaspa (KAS) are leading the broader cryptocurrency market recovery over the last 24 hours, as Bitcoin (BTC) holds above $70,000 on Monday, up from the $60,000 dip on Thursday. Technically, the recovery in ASTER, DCR, and KAS lacks momentum and is driven by the short-term easing of selling pressure. If Bitcoin extends the decline, altcoins would likely face similar or more intense selling pressure.
Aster breakout rally struggles to pick up momentumAster rose 11% on Sunday, closing above a long-term resistance trendline connecting the October 7 and November 19 highs. At the time of writing, ASTER is holding above $0.600 on Monday, below the declining 50-day Exponential Moving Average at $0.683, keeping the near-term bias capped.
The technical indicators on the daily chart suggest an increased likelihood of renewed bullish momentum in ASTER, corroborating the breakout rally thesis. The Moving Average Convergence Divergence (MACD) crosses above the signal line on Saturday, starting a positive wave of successively rising MACD histograms. At the same time, the Relative Strength Index is at 50, hovering around its midline, signaling a neutral shift as selling pressure wanes.
The 50-day Exponential Moving Average (EMA) at $0.683, followed by the R1 Pivot Point at $0.740, could serve as overhead resistance.
ASTER/USDT daily logarithmic chart.On the flip side, the crucial support remains the $0.500 psychological mark, followed by a deeper zone at the S1 Pivot Point at $0.434.
Decred extends its rally as buying pressure resurfacesDecred is up 4% at press time on Monday, extending the roughly 30% gains from last week. The privacy coin is holding above the 50- and 200-day EMAs, with the shorter above the longer average, reinforcing a bullish bias.
The MACD remains above the signal line following Thursday's bullish crossover, indicating rising bullish momentum.
The RSI at 70.71 enters the overbought zone, indicating strengthening buying pressure.
The DCR rally approaches the 38.2% Fibonacci retracement level, drawn from the November 4 high of $70 to the December 23 low of $14.21, at $26.12. If DCR clears this level, it could target the 50% retracement at $31.53.
DCR/USDT daily price chart.However, failure to clear that barrier would cap gains and encourage a pullback toward the 23.60% Fibonacci retracement at $20.70.
Kaspa approaches key resistance zoneKaspa steadies above $0.03300 at press time on Monday, significantly lower than the declining 50- and 200-day EMAs, preserving a bearish bias. The rebound from Thursday’s low at $0.02518, coinciding with Bitcoin’s dip to $60,000, reflects an ease in selling pressure.
The MACD histogram has shifted slightly positive after a steady contraction, indicating that the MACD line has crossed above the signal line. Both lines sit near or slightly below zero, so momentum repair remains tentative. Meanwhile, the RSI at 42, below the midline, points to a weak upside impulse.
The overhead supply zone, ranging from the $0.03607 to $0.03865, could cap the recovery. A potential breakout could target the R1 Pivot Point at $0.04751.
KAS/USDT daily logarithmic chart.However, a downside reversal could find support at the S1 Pivot Point at $0.02439.
(The technical analysis of this story was written with the help of an AI tool.)
Bitcoin trades above $72,500 at press time on Thursday, holding its 6% gain from the previous day, contributing to a broader market recovery. The total cryptocurrency market capitalization stands at over $2.43 trillion as the broader market sentiment improves significantly. Decred (DCR), Zcash (ZEC), and Dogecoin (DOGE) lead gains over the last 24 hours, as the broader market risk-on sentiment renews.
Bitcoin recovers above $72,000, lifting all boatsBitcoin exited a long-standing consolidation range below $70,000, jumping 6% on Wednesday. At the time of writing, BTC is holding above $72,500 on Thursday as the 50-day Exponential Moving Average (EMA) capped gains on the previous day.
The declining trend of the 50-, 100-, and 200-day EMAs reaffirms a prevailing bearish bias and could cap extended recovery attempts. The Relative Strength Index (RSI) is at 55 on the daily chart, extending a steady rise above the midline as buying pressure increases. At the same time, the Moving Average Convergence Divergence (MACD) scales toward the zero line amid expanding positive histograms, confirming a bullish bias in trend momentum.
BTC/USDT daily price chart.If BTC clears the 50-day EMA at $74,382, it could target the 50% trend-based Fibonacci retracement level at $78,258, measured from the October 6 high of $126,199 to the November 5 low of $80,600. A decisive close above this level could extend the recovery to the 100-day EMA at $81,801.
On the flip side, the breakout area near the 78.6% trend-based Fibonacci retracement level at $68,839 could serve as a support zone.
The rebound in Bitcoin drove a broader market recovery, resulting in renewed risk-off sentiment. At the time of writing, the total crypto market capitalization stands at $2.43 trillion on Thursday, up over 5% from $2.32 trillion the previous day.
Crypto market capitalization. Source: CoinMarketCapMeanwhile, CoinMarketCap’s Crypto Fear and Greed Index shows a sharp recovery to 29, from 19 on Wednesday, suggesting that bears are losing grip. Still, values below 40 suggest fear in the market, and the neutral zone ranges from 40 to 60. To signal a bull market, the index must cross above 60, indicating renewed investor greed.
Crypto Fear and Greed Index. Source: CoinMarketCapDecred, Zcash, and Dogecoin lead the broader market recoveryDecred is up 7% at press time on Thursday, building gains over the 7% rise from the previous day. The near-term bias is mildly bullish as DCR holds well above the upward-sloping 50-, 100-, and 200-day EMAs.
The privacy coin trades above the 50% retracement level at $31.54, measured from the November 4 high of $70.00 to the December 23 low of $14.21. A decisive close above this level could target the 61.8% Fibonacci retracement level at $38.07.
The MACD stands above its signal line on the daily chart and remains in positive territory, with a modestly positive histogram, suggesting sustained bullish momentum. The RSI at 66 on the same chart stays below overbought territory, indicating persistent buying pressure without an immediate exhaustion signal.
ZEC/USDT daily logarithmic chart.On the downside, initial support is seen at the 38.2% Fibonacci retracement level at $26.13. However, a deeper pullback would expose the 50-day EMA at $24.88.
Meanwhile, Zcash is down 2% at press time on Thursday, following a 10% hike on Wednesday. The declining 50-day EMA merges with the 200-day EMA, signaling a high likelihood of a Death Cross, suggesting Wednesday’s rebound as a short-term recovery in a prevailing downward trend.
A descending trendline near $266, followed by the 200-day EMA at $289, could serve as resistance levels.
The MACD rises from its signal line on the daily chart but remains close to the zero mark, suggesting only modest upside momentum, while the RSI at 44 signals subdued buying pressure after recovering from oversold territory.
DCR/USDT daily logarithmic chart.On the downside, immediate support aligns with the $200 psychological level.
On the other hand, Dogecoin also faces downside pressure near the $0.1000, which capped the 10% gains on Wednesday. At the time of writing, DOGE is down 2% on Thursday, while the downward-sloping 50- and 200-day EMAs serve as overhead resistances keeping the short-term recoveries in check.
To reinstate a fresh uptrend, DOGE should surpass the 50-day EMA at $0.1066, which could extend the upside to the December 31 low at $0.1161 and the 100-day EMA at $0.1240.
The MACD line is marginally above the signal line and hovering just above the zero line, suggesting only modest bullish momentum. The RSI at 47 is just below the midline, reinforcing a neutral bias.
DOGE/USDT daily price chart.On the downside, the recent swing low near $0.0879 could serve as immediate support.
(The technical analysis of this story was written with the help of an AI tool.)
In brief Algorand plans to roll out post-quantum cryptography across accounts, wallets, custody systems, and consensus by the end of 2027. The roadmap includes native Falcon-1024 accounts and hybrid cryptographic signatures. The announcement follows similar quantum-readiness efforts from Bitcoin, Ethereum, Stellar, and other blockchain projects. The Algorand Foundation on Thursday announced a plan to make its blockchain resistant to future quantum-computing attacks by the end of 2027, laying out a roadmap to upgrade everything from user accounts to core network infrastructure.
The proposal is the latest effort by a major blockchain to prepare for a future where quantum computers could break the cryptography that secures billions in digital assets.
"Algorand's roadmap reflects a belief that security should be designed for the future," Algorand Foundation CTO Bruno Martins wrote. “With the first milestones launching in 2026 and broad deployment targeted for the end of 2027, Algorand is taking concrete steps toward a future where users, developers, and institutions can build with confidence, today and in the decades ahead.”
While a quantum computer powerful enough to crack the cryptography of Bitcoin and other major blockchain networks does not exist yet, researchers, government agencies, and blockchain developers are increasingly planning for the transition, including Amazon, IBM, and Google, aiming to be quantum-resistant by 2030.
“As a custodian of a global blockchain network, the Algorand Foundation takes that threat seriously and has been researching and preparing for several years,” Martins said. “The Foundation does not surrender to alarmism, however, because there is still uncertainty on the horizon, and committing blindly comes with serious compromises.”
According to Martins, Algorand's roadmap includes new quantum-resistant accounts based on Falcon, a post-quantum digital signature system designed to withstand attacks from future quantum computers. The foundation also plans to support hybrid accounts that combine traditional and post-quantum signatures, allowing users to rely on both systems during the transition, as well as upgrades for multisignature wallets and institutional custody systems.
Beyond user accounts, the foundation is also targeting the cryptography used to secure the network itself, including developing a quantum-resistant replacement for the system that generates the randomness used to select validators and exploring alternatives to signatures. The first upgrades are expected to begin rolling out in 2026, with broad deployment targeted by the end of 2027.
The announcement comes as investors have shown increasing interest in quantum-resistant blockchain technology. In April, Algorand's token (ALGO) surged more than 40% after Google cited the network's "real-world deployment" of post-quantum protocols in a research paper.
The move also comes amid growing discussion of "Q-Day," the point at which quantum computers could break the cryptography securing cryptocurrencies, derive private keys from public keys, and steal funds. The issue gained additional attention this week after France's cybersecurity agency announced plans to stop certifying products that do not support quantum-resistant encryption beginning in 2027.
Earlier this month, Stellar developers unveiled a three-stage migration plan designed to move the network to quantum-safe cryptography while allowing users to retain existing wallet addresses. Bitcoin developers are also exploring multiple approaches, including a proposed migration framework that would eventually freeze coins that fail to move to quantum-resistant addresses and experimental implementations of BIP-360, a post-quantum architecture designed to reduce public-key exposure.
Ethereum researchers have also begun formal post-quantum planning, while Cardano founder Charles Hoskinson has argued that quantum-resistant systems are necessary but could introduce performance and infrastructure tradeoffs.
Despite uncertainty over when quantum computers could threaten modern cryptography, Martins said the clock is ticking.
“If you’re in the blockchain industry, post-quantum preparations need to start now if they haven’t already,” Martins wrote.
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The LEO price is up following the US government’s claims that the Bitfinex exchange is the sole entity eligible for compensation for the Bitcoin hack on the exchange in 2016. This has provided a boost for LEO, considering its role as the utility token in the crypto exchange’s ecosystem.
LEO Price Surges Amid Potential Bitcoin Recovery For Bitfinex LEO price surged to a monthly high of $6.50 following a US government filing suggesting that Bitfinex may soon recover part of the Bitcoin it lost in the 2016 hack. The government mentioned in court documents that it is not aware of any person who qualifies as a victim under the Crime Victims’ Rights Act or the Mandatory Victims Restitution Act (MVRA) besides the crypto exchange.
This filing was in the US government’s case against Ilya Lichtenstein, who they arrested for allegedly laundering the stolen bitcoins from the Bitfinex hack. Following his arrest in 2022, the government seized 94,643 BTC from Lichtenstein. Therefore, following the recent filing, the crypto exchange might be able to reclaim some of these bitcoins, which are currently worth around $5.8 billion.
This won’t be the first time the crypto exchange will receive recovered funds from the US authorities. In 2023, the exchange announced it received $312,219.71 in cash and 6.917 BCH from the United States Department of Homeland Security (DHS) as part of the recovery efforts.
Meanwhile, there will no doubt be concerns about what the crypto exchange will do if it reclaims these bitcoins from the US government and how this could affect the BTC price. The exchange will likely use these funds to redeem the Recovery Right Tokens (RRTs) issued following the 2016 security breach.
US Government Could Soon Sell 69,370 BTC Following Court Order The LEO price surge and Bitfinex’s potential Bitcoin recovery come amid the development that the US government could soon sell 69,370 BTC following the Supreme Court’s rejection of the certiorari petition in the Battle Born Investments case against the United States. This move could significantly impact the Bitcoin price, considering the amount of BTC tokens.
However, as CoinGape reported, there is the possibility that individuals like MicroStrategy chairman Michael Saylor could buy the 69,370 BTC if the US government decides to sell them. However, for now, it looks unlikely that the government will sell these coins as some processes are still involved before the US Marshals or any other agency.
Meanwhile, it could take a while before Bitfinex may be able to reclaim the bitcoins that the US government seized from Ilya Lichtenstein. However, the US government recognizing the crypto exchange as eligible for compensation is undoubtedly a step in the right direction.
What Has Trump Media Filed With the SEC? Trump Media & Technology Group has submitted paperwork to the US Securities and Exchange Commission for two new cryptocurrency-linked exchange-traded funds, according to a company announcement. The filings were made through its Truth Social Funds arm and include the proposed Truth Social Bitcoin and Ether ETF as well as the Truth Social Cronos Yield Maximizer ETF.
The registration has not yet taken effect and remains subject to regulatory review. If approved, the products would give investors exposure to Bitcoin and Ether — the two largest cryptocurrencies by market capitalization — along with a separate fund tied to Cronos, the native token of Crypto.com’s blockchain.
“We plan to provide an investment platform for investors covering multiple aspects of digital and crypto investing with both capital appreciation and income opportunities,” Steve Neamtz, president of Yorkville America Equities, which is expected to serve as investment adviser to the funds, said in the announcement.
Investor Takeaway The filings add a politically high-profile sponsor to the growing list of crypto ETF applicants, but approval remains uncertain and comes during a period of weakening spot Bitcoin ETF flows.
How Would the Proposed ETFs Be Structured? The Bitcoin and Ether ETF would track the combined performance of BTC and ETH while also capturing staking rewards generated by Ether holdings. The Cronos Yield Maximizer ETF would follow CRO’s price performance and include staking income tied to the Cronos blockchain.
Trump Media is working in partnership with Crypto.com on the proposed products. The exchange is expected to provide custody, liquidity and staking services if regulators approve the ETFs. Investors would access the funds through Crypto.com’s broker-dealer affiliate, Foris Capital US LLC.
Each ETF is expected to carry a management fee of 0.95%, placing the products at the higher end of the current fee spectrum for spot crypto ETFs in the US.
How Does This Fit Into Trump Media’s Broader Crypto Push? The ETF filings extend Trump Media’s expanding involvement in digital assets. In April last year, the company announced a partnership with Crypto.com and Yorkville America Digital to launch a series of “Made in America” ETFs blending digital assets with traditional securities, including exposure to sectors such as energy.
In September, Trump Media also reached an agreement with Crypto.com to establish a joint treasury entity focused on accumulating CRO tokens. The arrangement began with an initial acquisition of roughly 684.4 million CRO, valued at about $105 million at the time, funded through a mix of stock and cash.
The new ETF proposals suggest a continued effort to build a branded crypto investment suite rather than a single product offering. By incorporating staking income into two of the proposed funds, the structure goes beyond passive price tracking and enters the yield-focused segment of digital asset investing.
Investor Takeaway Yield components tied to staking may attract income-focused investors, but they also introduce operational and regulatory considerations that differ from standard spot ETFs.
What Is Happening in the Broader Bitcoin ETF Market? The filings arrive as spot Bitcoin ETFs face sustained outflows. According to data from SoSoValue, US spot Bitcoin ETFs have recorded four consecutive weeks of net withdrawals, with the most recent weekly total showing $360 million in outflows.
Flow data across late January and early February shows volatile but net-negative activity. Notable daily withdrawals included $817.87 million on Jan. 29, $509.70 million on Jan. 30 and $544.94 million on Feb. 4. Positive sessions were smaller in comparison, including inflows of $561.89 million on Feb. 2, $371.15 million on Feb. 6, $166.56 million on Feb. 10, $145.00 million on Feb. 9 and $15.20 million on the most recent Friday.
The cooling in ETF demand comes amid broader uncertainty in crypto markets, with investors reassessing exposure after a strong run earlier in the cycle. Any new entrant into the ETF landscape will need to contend not only with regulatory approval but also with a more selective flow environment.
What Comes Next? The proposed Truth Social ETFs remain subject to SEC review, and there is no guarantee of approval. If cleared, the products would join a crowded US crypto ETF market that already includes multiple spot Bitcoin funds and growing interest in Ether-linked products.
For now, the filings add another high-profile name to the digital asset ETF pipeline. The timing — during a stretch of outflows in existing spot Bitcoin funds — sets up a test of whether brand-driven demand and staking-linked yield features can draw fresh capital into crypto ETFs in the current market climate.
