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Even though Zcash had one of the biggest rallies in the privacy coin market this month, the most recent candle structure indicates that the movement is beginning to wane. ZEC now appears to be printing a classic falling star setup on the daily chart after surging from the low $300 region to almost $700 in a matter of weeks. This is a warning sign that buyers may finally be tiring after an aggressive vertical breakout.
Before sellers intervened and forced repeated rejections close to local highs, ZEC pushed sharply higher into the $680 region. Long upper wicks and waning continuation momentum are common indicators of distribution rather than sound consolidation in the most recent candles.
ZEC/USDT Chart by TradingViewMeanwhile, momentum indicators are starting to decline. After being overheated for weeks, the RSI has begun to roll over, but it is still high near overbought territory. This kind of setup has historically been found close to local exhaustion zones, particularly following parabolic runs in which the price exceeds both organic spot demand and moving averages.
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The overall trend is still bullish for the time being, despite the warning indicators. The 20-day moving average is quickly rising beneath price action in the mid-$500 range, and ZEC is still trading well above all major moving averages. Given how aggressive the most recent trend reversal has been, the 50-day and 100-day moving averages have also recently completed bullish recoveries following months of weakness.
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However, vertical rallies seldom last forever without a reset. Bulls have a problem because momentum chasing, rather than steady accumulation, accounted for a large portion of ZEC's recent growth. Volume skyrocketed during the breakout phase, but as the price gets closer to historical resistance levels from previous cycles, follow-through buying has begun to thin out.
Due to their relatively thin liquidity when compared to larger-cap cryptocurrency assets, privacy coins also frequently undergo violent reversals once speculative momentum subsides. Pullbacks frequently become much sharper than anticipated when traders rotate out.
Right now, the key zone is around $600 to $620. ZEC may quickly retrace toward the 20-day moving average around $530 if buyers are unable to protect that area. The next significant support cluster is located between $430 and $450, close to the previous breakout area.
Toncoin's sharp correctionOne of the most significant technical zones that Toncoin has tested in months is drawing near. TON entered a sharp correction phase that almost immediately erased a significant portion of the rally after a violent breakout earlier in May pushed the asset close to $3.00.
Currently, the chart is right on top of a significant bullish boundary that could determine whether the recent breakout continues or ends in a total collapse. The key level is clear. After losing steam from its explosive spike, TON is now trading around the 200-day moving average in the $1.75-$1.80 range.
Recovering and maintaining above the 200-day average has historically been the difference between a sustained bearish trend and a long-term recovery. As of right now, the price is attempting to level off at that line. Because of this, this area is crucial for both bulls and bears.
The recent rally was very aggressive. Driven by significant volume expansion and speculative momentum, TON moved from about $1.30 to almost $2.90 in a short period of time. However, such vertical movements are rarely sustained without consolidation. Profit-taking struck hard as buyers ran out of energy close to the highs, forcing a quick unwind back toward the breakout base.
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The issue was the rapid decline in momentum. During the rally phase, RSI entered overheated territory and rolled over sharply. As TON retraced, volume also began to drop, indicating that the breakout frenzy had subsided considerably. Support is under more pressure as a result of the local top rejection, which also produced a lower high structure on shorter timeframes.
However, the overall structure is not yet entirely pessimistic. TON is still higher than the 50-day and 100-day moving averages, which both recently saw increases following months of declines. In comparison to the first quarter of this year, when TON spent months grinding lower in a persistent downtrend, the longer-term trend also significantly improved.
Whether buyers firmly defend the current boundary is what counts now. The correction may turn into a healthy retest prior to another continuation move higher if TON maintains its position above the 200-day moving average and reclaims the short-term trendline in the $1.95-$2.00 range. In that case, traders would probably start with the $2.40 area and then try again at the most recent highs.
Shiba Inu's momentum is yet to recoverAfter losing a crucial support structure that kept the token together for almost two months, Shiba Inu appears perilously close to a complete momentum reset. Short-term control has returned to sellers as a result of the recent breakdown from a rising channel, and the chart now suggests a potential volatility flush before any significant recovery attempt can start.
The technical damage is already evident. SHIB gradually recovered momentum from its March lows while grinding higher for weeks inside a narrow ascending formation. However, buyers consistently lost strength close to the 50-day moving average, where the structure collapsed. The breakdown was confirmed when SHIB fell below both the short-term moving average cluster and trendline support as soon as support broke.
SHIB/USDT Chart by TradingViewThat action is significant because the recovery structure as a whole relied on the gradual holding of higher lows. Rather, as momentum indicators continue to decline, SHIB now trades below the previous support channel. The RSI did not exhibit a significant bullish divergence and instead declined toward the lower border of neutral territory.
In other words, the market now views rallies as exit liquidity. Near the recent local lows in the $0.00000540-$0.00000550 range, traders are keeping a close eye on the next significant area. The chart suggests a deeper reset toward earlier accumulation levels from March if SHIB loses that zone decisively.
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That does not imply that a disastrous collapse is imminent. It probably indicates that after failing to maintain breakout momentum, SHIB needs a proper cooling-off period. These reset phases are common for meme assets following prolonged sideways compression. Before trend continuation is once again feasible, the market looks for a cleaner base, weak hands exit positions, and leverage is flushed out.
The catalyst required to quickly change sentiment is currently absent from SHIB. The 200-day moving average, which is still declining and reflects the larger macro weakness that has plagued SHIB for months, is still far below the token's price. Even the most recent attempt at recovery failed to completely turn the long-term structure in a bullish direction.
DA Davidson Raises Micron’s Price Target to $2,000, Retains Buy Rating
U.S. investment bank DA Davidson released a research note stating that Micron Technology has entered a new phase with one of the best performance visibility in the semiconductor industry, a stark contrast to its past standing in the sector. Driven by another quarter of results that handily exceeded expectations and positive forward guidance, Micron’s stock price surged sharply. These signals indicate that the current memory chip boom cycle is far from over. While the company is ramping up capacity investments (with capital expenditure (CAPEX) projected to hit $10 billion in the fourth quarter of fiscal 2026, which will bring additional supply), management expects the memory market to remain tight on supply and demand at least through 2027. Against this backdrop, DA Davidson reiterated its "Buy" rating on Micron and raised its price target from $1,500 to $2,000, equivalent to a 20x price-to-earnings (P/E) ratio based on the company’s 2026 calendar year expected earnings per share (EPS).
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Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.
Morgan Stanley released a report raising Micron Technology (MU.O)’s price target from $1,050 to $1,200, while maintaining an "Overweight" rating. The investment bank lifted its fiscal 2027 earnings per share (EPS) forecast for the chipmaker by roughly 40% to $168, and upgraded its free cash flow (FCF) projection from $104 billion to $140 billion. Aligning with Micron’s management, the bank holds that AI will push DRAM demand to consistently outpace supply significantly after 2027. Micron’s last fiscal quarter results matched this trend, with both its quarterly performance and outlook showing notable upside potential.
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US officials: Israel has withdrawn troops from parts of the buffer zone in southern Lebanon.
A U.S. State Department official said Israel has withdrawn from parts of the buffer zone in southern Lebanon, describing the move as a "goodwill gesture" toward the Lebanese government.
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CBRS trades below IPO price post-earnings: Erases all gains six weeks after listing, two smart money firms net $5.8 million from first-day IPO shorts.
According to Hyperinsight monitoring, Cerebras (CBRS), the AI chip firm previously dubbed "Nvidia’s strongest challenger", saw its stock price fall in stages after reporting its first quarterly results since going public, as negative guidance overshadowed better-than-expected performance. The stock has dropped roughly 22% since the earnings release and officially broke below its IPO price today. On-chain whales are overall bearish. CBRS trades at $184 on the Hyperliquid platform, down 7.7% in 24 hours. Large-scale short positions (million-dollar level) total around $11.62 million, 2.39 times the long positions ($4.87 million). Two major short positions were placed precisely at high levels as early as the IPO day or even before the IPO: - Whale 0xe0ff: Shorted at $284.51 on May 14 with a 3x leveraged position of $6.13 million, generating an unrealized profit of $3.24 million (+104%); - Whale 0x9996: Shorted at $275.92 on May 11 with a 5x leveraged position of $5.48 million, generating an unrealized profit of $2.64 million (+162%). It is learned that both addresses currently hold short positions in both CBRS and SPCX, and have recorded substantial unrealized profits, preferring to place short positions at high levels before or on the day of major stock listings. With the realization of negative earnings news in this round, the combined unrealized profit of the two positions is around $5.88 million. Currently, the average entry price of CBRS short whales is around $275, and the current price is over 30% lower than that. The nearest short liquidation line is at $200.13, about 7% away from the current price.
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Multiple high-performing domestic public mutual fund products have tightened their purchase restrictions.
E Fund Management announced in its latest filing that the E Fund Information Industry Select Fund, managed by Zheng Xi, has cut its purchase limit to 10,000 yuan. The same purchase limit reduction to 10,000 yuan applies to another fund under his management, E Fund Information Industry Fund, while E Fund Global Growth Select Hybrid Fund (QDII) has lowered its purchase limit to 10 yuan. In addition, Guolianan Preferred Industry Fund, Harvest Tech Innovation Fund, and Principal Performance-Driven Fund have also announced purchase limits or adjustments to their limits recently. Jin Zicai, a fund manager closely watched by the market, imposed additional purchase limits on multiple public offering funds under his management, with the four funds involved cutting their purchase limits to 500 yuan starting June 23. Purchase limits on high-performing funds likely stem from multiple considerations: they can avoid return dilution caused by short-term concentrated subscriptions, and proactive limits during overheated market conditions also send risk warning signals to the market. As the first half of the year draws to a close, such moves have become increasingly frequent. Overall, Wind data shows that since June alone, 19 funds with year-to-date net asset value returns exceeding 90% have suspended large subscriptions or adjusted their purchase caps. (Source: Cailian Press)
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The US stock market's optical communication sector rises across the board in pre-market trading, with Corning up 9.28%.
According to Bitget market data, the U.S. stock market's optical communication sector saw broad pre-market gains, with MRVL rising 4.99%, LITE up 3.24%, Nokia up 3.11%, Corning up 9.28%, and AXTI up 6.69%.
The cryptocurrency market currently demonstrates an intricate balance between sudden rallies and prolonged consolidation phases. Retail buyers and institutional funds are actively shifting capital toward assets offering clear utility and definitive structures. With inflation indices showing persistent stiffness, traditional investment avenues yield lower relative returns, pushing participants to search for alternative digital networks.
Market sentiment reflects cautious optimism, driven by advancements in smart contract capabilities, enhanced privacy protocols, and interoperability solutions. As global liquidity tightens, finding sustainable value requires looking beyond surface-level hype. Investors are rigorously evaluating utility-driven frameworks and established networks that consistently deliver tangible financial benefits to determine the top crypto to buy.
1. BlockDAG: The Pure Mathematical Multiplier (The Direct Arbitrage) Table of Contents
1. BlockDAG: The Pure Mathematical Multiplier (The Direct Arbitrage)2. Chainlink: Securing Real-World Asset Tokenization3. Toncoin: Expanding the Telegram Ecosystem4. Cronos: Enhancing Layer-1 ScalabilityLast Say When discussing the next big crypto, pure math often overrides mere speculation. A direct entry price of $0.00000044 against a guaranteed $0.001 buyback creates an unprecedented mathematical arbitrage. The ledger does not lie. BlockDAG has opened its Legacy Sale at an incredibly low floor price of $0.00000044 per token.
By immediately registering these assets for the official Buyback Program through the platform dashboard, participants lock in a contract to sell those exact coins back to the project at a fixed rate of $0.001 per token. This clear mathematical loop completely detaches the asset from standard market sentiment. Those wondering what crypto to invest in will find immense value in this setup. This specific low entry allocation is strictly capped.
Once the initial token batch is claimed, the massive price gap vanishes. Secure the $0.00000044 price floor before the direct arbitrage window closes permanently. BlockDAG is positioning itself as the next crypto to explode by offering a structured exit plan. It stands out clearly as the best crypto to buy right now for buyers who prefer calculated returns over unpredictable price action.
2. Chainlink: Securing Real-World Asset Tokenization Chainlink continues to establish its dominance across the decentralized finance sector. In early 2026, the network facilitated a major transition by bringing an $11 billion Arizona copper mine on-chain. This milestone underscores the growing demand for secure real-world asset tokenization. The Cross-Chain Interoperability Protocol now handles vast amounts of institutional data. Leading financial entities utilize Chainlink to verify reserves and execute complex smart contracts seamlessly.
As a result, Chainlink frequently appears among the top crypto gainers during periods of high institutional activity. Its robust infrastructure prevents data tampering and ensures smooth multi-chain connectivity. Buyers tracking solid long-term utility view Chainlink as a critical component for the future digital economy.
3. Toncoin: Expanding the Telegram Ecosystem Toncoin has experienced a highly active 2026, driven by its deep integration with the Telegram messaging application. The network recently saw a massive surge when Telegram announced it would officially become the largest validator for the network. This structural shift drastically reduced transaction fees and activated new core upgrades. Furthermore, the introduction of ad revenue sharing directly in Toncoin has empowered channel owners globally.
Despite facing high volatility and heavy whale movements, the supply of USDT on the Toncoin network crossed $500 million, proving its growing utility as a global payment rail. Toncoin remains a highly watched asset for users seeking scalable social media integrations.
4. Cronos: Enhancing Layer-1 Scalability Cronos has maintained steady development throughout 2026, focusing on enhancing its layer-1 capabilities. Supported by the extensive Crypto.com ecosystem, the network offers seamless transitions between centralized finance and decentralized applications. Developers are actively deploying new tools to improve transaction throughput and reduce latency. The platform recently introduced significant upgrades to support complex gaming and decentralized finance protocols.
By maintaining a highly interoperable framework, Cronos allows users to bridge assets across multiple networks efficiently. Its dedicated community and consistent technical improvements provide a solid foundation for future growth. Investors value Cronos for its reliable performance and strong backing within the broader digital asset exchange environment.
Last Say Evaluating the current market requires a strict focus on utility and clear financial structures. Chainlink leads the way in institutional data verification and asset tokenization. Toncoin leverages its massive social media base to create a unique peer-to-peer payment ecosystem. Cronos provides a reliable layer-1 solution backed by major exchange infrastructure.
However, BlockDAG offers a fundamentally different approach. By providing a fixed $0.00000044 entry price and a guaranteed $0.001 buyback contract, it removes the typical volatility associated with digital assets. Participants seeking calculated returns should prioritize BlockDAG before the limited allocation completely disappears.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
PANews reported on December 17th that, according to SoSoValue data, the cryptocurrency market generally rebounded, with Bitcoin (BTC) rising 2.01% to break through $87,000, while Ethereum (ETH) rose 0.12%, still fluctuating narrowly around $2,900. Other notable sectors included: SocialFi, up 3.53% in the last 24 hours (Toncoin (TON) up 4.08%); PayFi, up 2.62% (Telcoin (TEL) up 5.11%); RWA, up 2.58% (MANTRA (OM) up 12.90%).
In other sectors, Layer 1 rose 1.53%, with Sui (SUI) up 3.70%; CeFi rose 1.52%, with OKB up 3.20%; Layer 2 rose 1.14%, with Zora (ZORA) up 9.83%; DeFi rose 0.57%, with Uniswap (UNI) up 3.88%; and Meme rose 0.41%, with SPX6900 (SPX) up 5.86%. Meanwhile, AI fell 1.37%, but Fartcoin (FARTCOIN) bucked the trend, rising 10.30%; NFT fell 1.68%, with ApenFT (NFT) falling 10.83%.
PANews reported on March 20th that, according to SoSoValue data, the cryptocurrency market has declined for three consecutive days. The SocialFi sector fell 4.65% in the past 24 hours, with Toncoin (TON) down 5.48%. Meanwhile, Bitcoin (BTC) fell 0.88% in the past 24 hours, briefly dipping below $69,000 before recovering to above $70,000. Ethereum (ETH) fell 1.94%, breaking below $2,200. Only the GameFi sector performed well, rising 0.24% in the past 24 hours, with Axie Infinity (AXS) rising 3.84%.
In other sectors, the PayFi sector fell 0.50% in the last 24 hours, but eCash (XEC) rose 2.55%; the Meme sector fell 1.15%, with PIPPIN (PIPPIN) surging 12.38% within the sector; the Layer 1 sector fell 1.31%, with Zcash (ZEC) falling 6.13%; the Layer 2 sector fell 1.43%, with Celestia (TIA) falling 3.08%; the CeFi sector fell 1.45%, with OKB (OKB) falling 3.15%; and the DeFi sector fell 1.49%, with Morpho Token (MORPHO) remaining relatively strong, rising 2.15%.
PANews reported on February 12th that, according to SoSoValue data, the overall cryptocurrency market is trending downwards. Bitcoin (BTC) fell 1.97%, dropping below $68,000; Ethereum (ETH) fell 2.83%, dropping below $2,000. Only the NFT, SocialFi, and Layer 2 sectors remained relatively resilient, rising 1.40%, 0.53%, and 0.04% respectively in the past 24 hours. Within the NFT sector, ApeCoin (APE) rose 1.30%; within the SocialFi sector, Toncoin (TON) rose 0.68%; and within the Layer 2 sector, zkSync (ZK) rose 4.38%.
In other sectors, the Meme sector fell 0.29% in the last 24 hours, but PIPPIN (PIPPIN) surged 33.94%; the Layer 1 sector fell 1.35%, while Zcash (ZEC) remained relatively strong, rising 2.41%; the CeFi sector fell 1.46%, while Aster (ASTER) surged 8.90% intraday; the DeFi sector fell 1.71%, while Hyperliquid (HYPE) bucked the trend, rising 4.08%; and the PayFi sector fell 1.88%, while eCash (XEC) rose 4.11%.
Updated Jan 26, 2023, 2:13 p.m. Published Jan 26, 2023, 1:30 p.m.
2 min read
(sergeitokmakov/Pixabay)Cryptocurrency derivatives exchange BIT on Thursday introduced options tied to toncoin (TON), the native token of the decentralized layer 1 blockchain The Open Network, formerly known as Telegram Open Network.
The options are live on the platform today and will be available on the institution-focused liquidity network Paradigm later, the exchange said in a statement shared with CoinDesk.
TON is the world's 23rd-largest cryptocurrency, with a market capitalization of $3.33 billion, according to data from CoinGecko. The cryptocurrency doubled in second-half 2022, decoupling from the broader market lull.
The offering adds to BIT's existing product suite of futures and options tied to crypto market leaders bitcoin and ether. The move suggests growing investor interest in derivatives tied to alternative cryptocurrencies, or altcoins. While the crypto derivatives market has exploded in size over the past three years, growth has been mainly driven by demand for bitcoin and ether derivatives.
"With the advent of dollar-margined products and the addition of various altcoin options, the options market has enormous growth potential," BIT co-founder and Chief Operating Officer Lan said in a statement. "BIT and our trusted partners are devoted to increasing the accessibility of crypto options for both institutional and retail traders."
Options are derivatives contracts that offer the purchaser the right, but not the obligation, to buy or sell the underlying asset at a predetermined price on or before a specific date. A call option gives the right to buy, while a put option offers the right to sell.
At press time, Deribit was the world's largest bitcoin options exchange, accounting for 90% of the global open interest of $6,863 million. BIT was the world's sixth-largest by volume and open interest, data tracked by Amberdata show.
The options are launched in collaboration with liquidity provider Darley Technologies and blockchain industry market maker and TON-backer DWF Labs
"With a global community growing at a speed of more than 2% weekly, as well as more than 100 million transactions to date, the TON ecosystem is one of the most promising on the market," said Andrei Grachev, managing partner at DWF Labs. "Joining the options market is a logical and important step for TON because, until now, the only coins available there were BTC and ETH. It means TON will take its place alongside crypto's most prestigious coins."
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As of September 18, the broader crypto market has risen a percent as major cryptocurrencies like Bitcoin and Ethereum featured their return to pre-September levels. This bullishness bled to the altcoin market, prompting many tokens to follow the trend. Nervos (CKB) is one of those tokens that experienced astonishing growth with a 120% uptick, outperforming the broader market.
Although CKB’s gains in the short term have been great, the long-term implications of such price movements are still important for investors and traders. The market’s current bullishness might continue for the broader community, but CKB’s performance long-term might be in question.
Nervos: Breakthrough Halted By Resistance The token has gained control of the $0.015 support level for an attempted breakthrough on the $0.0198 resistance. However, the latter has held its ground against the bulls in the short term, potentially putting the gains made in the past few days in jeopardy.
CKB’s position in the short term is threatened by this rejection as the token’s trajectory might push CKB well below its $0.015 support level. If this occurs, it will represent a sudden flip in the short-term outlook of investors and traders.
The relative strength index (RSI) gives a clue as to where the token is heading. As of writing, the RSI points to a majority bull market for CKB, pushing the narrative that the token will continue upward. It also shows that the momentum of CKB’s market is on the side of the bulls.
CKBUSDC trading at $0.017 on the daily chart: TradingView.com If the token continues to get rejected by this crucial resistance level, the token’s momentum will eventually side with the bears flipping gains to losses. Once this occurs, CKB’s trajectory will touchdown on $0.0114 in the short term.
— Upbit Korea (@Official_Upbit) September 13, 2024
Upbit Lists CKB Trading Pairs And Other Developments This Week Upbit’s official X accounts have announced this week that CKB is now supported on the trading platform. The South Korean crypto exchange lists three CKB trading pairs, namely CKB/KRW, CKB/BTC, and CKB/USDT, upping the liquidity of the token in the long run. This will lead to bigger exposure to the Korean market.
Digital assets on Nervos, through the imagiNation.market, are given new life as the latter is now listed on JoyID, a crypto wallet provider on Bitcoin. Although digital collectibles activity on Nervos is quite low, we can expect this development to contribute positively in the coming days or weeks.
With the market’s general bullishness, we can expect the token to perform well in the short term even if it might face retracements in the coming days.
Featured image from Facts.net, chart from TradingView
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
Toncoin [TON] climbed 13.36% over the last 24 hours and reached $1.70 at press time. This extended its recovery from recent lows even as broader market participation remained subdued.
However, spot volume declined 16.51% to $250.8 million despite the strong price advance. This divergence suggested buyers pushed prices higher without broad market participation supporting the move.
Recent sessions had already shown TON recovering from local lows, helping the asset regain strength after a prolonged decline. Even with the sharp rebound, weakening volume indicated that trading activity had not kept pace with the rally.
Why were TON’s futures traders still selling? Derivatives data painted a different picture from the spot market.
Futures Taker CVD remained seller-dominant throughout the rally, indicating aggressive market sellers continued to outweigh aggressive buyers. Despite TON gaining more than 13%, futures participants had not fully embraced the move.
The divergence suggested part of the advance may have resulted from passive buying activity or short-covering rather than sustained derivatives demand.
In addition, the Futures Volume Bubble Map entered an overheating zone, highlighting elevated speculative activity across the market. Such conditions have historically increased volatility when traders become crowded on one side.
Therefore, TON’s rally unfolded while futures traders largely maintained a cautious stance instead of aggressively chasing higher prices.
Source: CryptoQuant Can TON clear its next hurdle? After defending the $1.50 support level, TON recovered toward $1.72 and established distance from its recent low. However, buyers had not yet reclaimed the critical $2.10 resistance zone that repeatedly capped previous advances. The broader chart structure still showed resistance at $2.10, with a higher barrier positioned near $2.80.
Technical indicators also reflected mixed conditions. At the time of writing, the MACD line remained below the signal line, while the histogram stayed negative despite showing signs of contraction. This combination suggested bearish pressure weakened but had not fully disappeared.
Although buyers regained control near support, confirmation of a broader trend reversal had not emerged. If recovery conditions continue improving, TON would likely challenge the $2.10 resistance level before targeting higher levels.
Source: TradingView Liquidity clusters point toward higher targets Liquidation data highlighted several important zones above the current market price.
The heatmap showed dense liquidity clusters concentrated between $1.78 and $1.82, with additional pockets extending toward $1.85 and $1.90. These levels represented areas where short positions could face pressure if the price continued rising.
Markets frequently gravitate toward such liquidity concentrations because leveraged positions accumulate around them. Beneath the market, notable liquidity rested between $1.55 and $1.60, creating a critical support region.
Since TON already traded above those lower clusters, the path of least resistance appeared tilted toward the upper liquidity zones.
Source: CoinGlass Can TON reclaim $2.10 as short liquidations build? TON’s rebound from $1.50 improved the short-term outlook, and growing liquidity above $1.80 could continue attracting prices higher. However, falling spot volume, seller-dominant Futures Taker CVD, and a still-bearish MACD structure suggested the recovery lacked full confirmation.
If buyers maintain control and force liquidations through the upper clusters, TON could challenge the $2.10 resistance level. Failure to sustain demand, however, would likely keep the asset below that barrier and extend its consolidation phase.
Final Summary Toncoin’s recovery attracted fresh attention despite persistent futures’ market caution. Short liquidation clusters above $1.80 remained the market’s immediate focus.
PANews reported on June 8th that, according to The Block, Nasdaq-listed TON Strategy disclosed that it received approximately 3.3 million TON rewards in May by staking approximately 227 million Toncoin, equivalent to about $5.6 million at market price, with an initial annualized staking yield of approximately 1.48%. The company staked almost all of its TON holdings and supported a series of implemented network upgrades in its latest governance proposal, including improvements to smart contract execution efficiency, block synchronization, and verification capabilities to enhance throughput and scalability.
Market momentum in early June 2026 highlights clear differences in token performance and strategic accumulation. The necessity for transparent, predictable returns has overshadowed the desire for extreme, high-risk speculation. Consequently, evaluating the next crypto to explode means looking for networks that integrate reliable settlement mechanisms.
Zcash is currently experiencing notable price appreciation, moving steadily upward as privacy assets regain attention. Toncoin continues to expand its utility through messaging app integrations, though it battles high volatility. While these established assets look for near-term technical triggers, BlockDAG is commanding major attention through its transparent ledger verification, attracting massive whale accumulation in real time.
Zcash: Maintaining Upward Momentum Zcash continues to act as a highly resilient digital asset in June 2026. Trading around the $623.99 mark, the privacy-focused coin has shown remarkable strength, posting an average growth rate of 67.17 percent. Over the past 12 months, the Zcash price has changed by over 1,100 percent, reflecting its overall positive trend and historical momentum. The coin has fluctuated within a tight daily range, demonstrating solid structural support above the $600 level.
Transaction volumes remain consistent, driven by its utility as a confidential payment method. While it lacks the smart contract flexibility of newer networks, Zcash offers undeniable longevity and network security. Traders are closely watching the recent highs to see if the asset can maintain its impressive year-to-date trajectory during uncertain macro conditions.
Toncoin: Expanding Social Media Utility Toncoin has experienced a highly active trading period, driven by its deep integration with the Telegram messaging application. The network recently saw massive surges in utility as social media users actively utilize the token for peer-to-peer transfers and in-app purchases. This structural integration drastically reduces friction for everyday users and activates new core upgrades.
Furthermore, the introduction of ad revenue sharing directly in Toncoin has empowered channel owners globally. Despite facing high volatility and heavy whale movements, the supply of stablecoins on the Toncoin network continues to grow, proving its utility as a global payment rail. Toncoin remains a highly watched asset for users seeking scalable social media integrations, though it requires consistent network volume to maintain its current price levels against broader market gravity.
BlockDAG: The Smart Money Inflow Picks Up On-chain transparency acts as a magnet for massive capital. Because BlockDAG launched live Proof of Funds wallets for its Buyback Program, independent blockchain analysts have verified the liquidity reserves. This public verification has triggered a notable rotation of larger whale wallets out of speculative assets and directly into the secure $0.00000088 Legacy Sale structure, which guarantees a fixed $0.01 buyback floor.
Public ledger analysts are actively tracking BlockDAG’s live wallets, triggering substantial whale accumulation. This is exactly how you identify the next crypto to explode: follow the verified institutional money. When whale wallets start moving chunks of liquidity into a verified pool, the available retail distribution shrinks at an exponential rate. Smart money does not deploy capital without auditing the reserves. The fact that blockchain sleuths have confirmed the backing for the $0.01 buyback means the project has passed the most rigorous decentralized scrutiny possible.
Follow the blockchain data and claim your allocation at $0.00000088 alongside the whale wallets tracking the live funds. The transparency of the live wallets eliminates the standard trust issues associated with digital asset presales. By proving the funds exist before the payout date, BlockDAG forces the market to treat its contract as a guaranteed financial instrument. You are not betting on a roadmap; you are participating in a mathematically backed wealth transfer. Claiming your position right now ensures you capture the exact same verified yield as the largest capital allocators in the space.
The Last Take Strategic capital placement in June 2026 demands a clear understanding of market phases and verifiable liquidity. Zcash offers a steady technical setup, boasting impressive yearly gains and strong privacy fundamentals. Toncoin leverages its massive social media base to create a unique peer-to-peer payment ecosystem. However, BlockDAG offers the most secure and transparent opportunity on the board. The on-chain verification of its Proof of Funds wallets is actively drawing major whale capital into the Legacy Sale. Choosing BlockDAG now guarantees a protected entry backed by verifiable liquidity, positioning it far ahead of the standard open market dynamics of Zcash and Toncoin.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Michelle DG
Michelle is an editor at CoinCentral & Blockonomi, covering the latest trends in crypto, blockchain, and digital finance. With a sharp eye for detail and a passion for emerging technologies. [email protected]
The Toncoin (TON) community has accepted a proposal, supported by Telegram, to rename the network’s native token. As a result of the vote, the native token known as Toncoin will be renamed “Gram,” and its ticker symbol will change from “TON” to “GRAM.”
In the community vote that began on June 1, 2026 and ended on June 8, 2026 (today), 81.22% of participants supported the proposal. Votes in favor of the proposal amounted to 2.68 million tons, while votes against totaled 604.88 thousand tons. Abstentions accounted for 0.45%.
The proposal submitted by Telegram clarifies that the change only affects the token name and transaction code. Accordingly, the blockchain’s name will remain unchanged, and the network will continue to be referred to as “TON” or “The Open Network.” Furthermore, no token swaps, bridging transactions, migrations, or conversion processes will be implemented. User balances, addresses, smart contracts, and current positions will all remain unchanged. For example, a user with a balance of 10 TON will have their assets displayed directly as 10 GRAM.
The proposal states that the renaming decision is part of the “Make TON Great Again (MTONGA)” initiative. Telegram’s growing role in the TON ecosystem and its emergence as one of the network’s largest validators were cited as key reasons for the change. Additionally, it was noted that recent network updates have increased transaction speeds by approximately tenfold, allowing transactions to be completed in under a second, and reduced fees by about sixfold, almost to zero.
The statement also noted that the name “Gram” is not new to the TON ecosystem. It stated that the native token was defined as Gram in TON’s original technical documentation, and this name continues to be used in the network’s core codebase. Community
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TON Strategy has reported an estimated 3.3 million TON in May staking rewards while supporting new TON network upgrades. The Nasdaq-listed company said its preliminary gross staking yield reached about 1.48% in May.
TON Strategy generated an estimated 3.3 million TON in May staking rewards. The company’s gross staking yield rose to 1.48% in May from 1.39% in April. TON network upgrades took effect on June 4 and focused on performance, throughput, and scalability. The update came as the firm continued building its treasury around The Open Network’s native token. The company also backed governance changes that took effect on June 4, 2026.
TON Strategy reports a stronger staking yield According toTON Strategy, May gross staking yield rose from 1.39% in April to about 1.48%. On an annualized basis, the May yield reached about 17.80%, compared with 16.7% in April. The company held about 227.5 million TON as of May 31. It said about 226.8 million TON were staked at the end of the month. Based on those holdings, May rewards reached about 3.3 million TON.
The rewards were worth more than $5.6 million based on reported market levels. TON Strategy, formerly Verb Technology, adopted its TON treasury plan in August last year. Since then, the company has become one of the network’s major holders and validators. Its Nasdaq-listed TONX shares traded near $3.15 on Monday. The stock gained about 1.3% during the session and rose about 31% year-to-date.
Meanwhile, Toncoin traded near $1.72, remaining mostly flat year to date. TON Strategy said staking rewards remain important to its treasury operations. The company also said the approved changes should not affect validation rewards. Its update placed staking performance alongside the latest protocol changes.
TON upgrades focus on network performance TON Strategy said it voted in favor of recently approved governance proposals for The Open Network. The company said the proposals focused on network performance, throughput, and scalability. The approved configuration changes took effect on June 4. The upgrades also kept the staking mechanics used by validators. The company said those mechanics support its treasury operations.
The network changes included the TVM 14 upgrade for smart contract execution improvements. TON also added full collated data generation and validation optimizations for validators. The Block Sync Overlay introduced a dedicated validator communication layer. Expanded validation capacity increased the maximum collated data size handled by validators. Other changes adjusted the validator infrastructure and added resource controls for spam and congestion.
Kevin Wilson, CEO of TON Strategy, said the upgrades support applications tied to Telegram. “These network upgrades represent another important step,” Wilson said in the company release. He said validators can now process and communicate activity more efficiently. Wilson also said TON can become faster, more reliable, and more usable as activity grows. TON Strategy said it backed the changes as one of the largest Toncoin validators.
Telegram ecosystem changes continue The update followed recent TON ecosystem changes linked to Telegram CEO Pavel Durov. Earlier this month, Durov announced plans to rename TON’s native cryptocurrency to Gram. The name revives branding from Telegram’s original white paper.
Durov presented the move under his “Make TON Great Again” initiative. The plan also includes fee reductions and further network improvements. Telegram plans to take a larger role in guiding the TON ecosystem. Durov described the effort as a return to the project’s early identity.
TON Strategy’s release also cited April 2026 upgrades that improved block times and transaction costs. The company said recent Acton developer tooling work helps builders test and deploy applications. The latest approved upgrades followed those earlier network and developer changes.
Key Highlights TON Strategy generated approximately 3.3 million TON tokens (valued at ~$5.6 million) through May staking operations. Monthly gross staking yield increased from 1.39% in April to 1.48% in May, achieving an annualized return of 17.80%. Network protocol enhancements targeting throughput optimization, smart contract performance, and validator operations launched on June 4. TONX shares on Nasdaq climbed approximately 1.3% to reach $3.15, marking a year-to-date gain of roughly 31%. Toncoin maintained trading levels around $1.72, remaining relatively unchanged on a year-to-date basis. TON Strategy, a publicly-traded company on Nasdaq that maintains Toncoin as its core treasury reserve, disclosed that it accumulated roughly 3.3 million TON through staking activities during May 2026. At prevailing market valuations, these staking proceeds exceeded $5.6 million.
Toncoin (TON) Price As of May 31, the firm maintained approximately 227.5 million TON in total holdings, with roughly 226.8 million tokens deployed in staking protocols. The organization’s gross monthly staking return for May registered at approximately 1.48%, representing an increase from the previous month’s 1.39% figure. When annualized, the May performance translates to roughly 17.80%, surpassing April’s 16.7% rate.
TON Strategy Generates 3.3 Million TON in Monthly Staking Rewards
TON Strategy (@tonstrat) reports a record 3.3M $TON (5.6M) in gross staking rewards for May 2026.
The firm currently stakes 226.8M $TON, representing nearly its entire treasury, as its gross yield climbs to… pic.twitter.com/Js9PUzTGXD
— BSCN (@BSCNews) June 8, 2026
According to TON Strategy, staking revenue continues to serve as a fundamental component of its treasury management approach. The organization, previously operating as Verb Technology, transitioned to its Toncoin-centered business model in August 2025. The company has since established itself among the most prominent validators and token holders within The Open Network ecosystem.
June 4 Protocol Enhancements Go Live TON Strategy publicly endorsed several governance initiatives that became operational on June 4, 2026. These protocol modifications prioritized network efficiency, transaction capacity, and infrastructure scalability.
The updates incorporated the TVM 14 enhancement, delivering advanced capabilities for smart contract processing. The Block Sync Overlay established a specialized communication infrastructure for validator nodes. Additional features included complete collated data generation and broadened validation capabilities, increasing the maximum collated data volume that validators can handle. The protocol changes also implemented resource management mechanisms to address spam prevention and network congestion.
CEO Kevin Wilson emphasized that these modifications enable validators to handle and transmit network activity with greater efficiency. “These network upgrades represent another important step as TON continues to develop for high-volume consumer applications tied to the Telegram ecosystem,” Wilson said.
TON Strategy verified that the implemented modifications would not alter validation compensation structures, indicating that staking revenue streams should remain unaffected.
Durov’s ‘Make TON Great Again’ Campaign Advances These protocol enhancements align with Telegram CEO Pavel Durov’s comprehensive ecosystem transformation under his “Make TON Great Again” campaign.
Earlier in June 2026, Durov revealed that TON’s native digital asset would be rebranded as Gram. This naming convention returns to the terminology featured in Telegram’s initial white paper. The rebranding forms part of an extensive initiative encompassing transaction fee reductions, additional network optimizations, and a strategic framework for Telegram to assume expanded governance responsibilities within the TON ecosystem.
TON Strategy’s TONX equity shares experienced approximately 1.3% growth on Monday, reaching $3.15 per share. The stock has delivered roughly 31% gains year-to-date.
Toncoin (TON) maintained price levels near $1.72 and has exhibited minimal movement on a year-to-date basis.
The organization’s April 2026 protocol improvements had previously enhanced block generation speeds and transaction fee structures. The current implementation cycle extends those foundational developments.
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After weeks of persistent selling pressure, Toncoin is beginning to stabilize, and derivatives data indicates that traders may be preparing for a more significant recovery.
Recent market flow data shows that TON has seen a sharp increase in short-term futures inflows, with 5-minute net futures flow rising to over $120,000 from more muted levels earlier in the session. More significantly, the 30-minute figure increased to almost $468,000, and the 15-minute futures net inflow reached about $214,000. When taken as a whole, these figures show that futures participation has increased by more than 660% over short-term baselines, indicating a significant resurgence of speculative interest.
Toncoin maintains an effortTON is trying to maintain a crucial support area close to $1.70. The asset has stabilized around its 50-day and 100-day moving averages following a precipitous drop from the May peak above $2.80. At the moment, price action is compressing between major moving averages, which makes it possible for volatility to increase either way.
HOT Stories
TON has successfully recovered its short-term moving averages following a recent breakdown, in contrast to many altcoins that are still trapped beneath all significant trend indicators. This implies that buyers are still actively protecting important levels of support.
TON/USDT Chart by TradingViewThe recovery story is further complicated by the positioning of derivatives. Major exchanges' long-short ratios continue to favor bullish traders, with Binance and OKX displaying more longs than shorts. Even though overconfidence can occasionally turn into a contrarian signal, the current readings are still fairly balanced and do not show severe overcrowding.
Liquidity is coming backThe potential for a rebound is also supported by volume data. The trading volume on Binance alone was close to $100 million, and Bybit and OKX provided significant liquidity. During attempts at recovery, healthy volume is essential because it shows that market players are willing to trade at current prices rather than just watch from the sidelines.
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But there are still risks. Several major exchanges have seen a decline in open interest, indicating that some traders are still limiting their exposure. Furthermore, TON has dropped more than 17% over the previous seven days and almost 29% over the previous month, underscoring the overall negative outlook.
The $1.80-$1.85 range, close to the moving average cluster, is the crucial level for bulls to keep an eye on. If there is a clear breakout above that area, it may be confirmed that the recent increase in futures flows is not a transient speculative spike but rather actual accumulation.
TON might have a feasible route to prolonging its recovery over the upcoming weeks if buyers keep control.
Top 1 On-Chain Liquidation: ETH Bull Whale Hit With 4 Consecutive Forced Liquidations, $14.11 Million in Positions Liquidated
According to Hyperinsight monitoring, today’s largest liquidation on the Hyperliquid platform involved a high-leverage Ethereum (ETH) long whale. The address opened a long position yesterday when ETH was trading at roughly $1,661, and immediately incurred losses after entry. Triggered by ETH’s short-term dip below $1,600 in the early hours of today, the whale faced four consecutive liquidations, resulting in the forced closure of a total of 8,734 ETH positions valued at approximately $14.11 million. The address now holds less than $150,000 in remaining funds, with all positions fully cleared. Address: 0x1cb0b187c14a8c0fb36ca0dcbb775dcc7f02b408
16 minutes ago
A certain on-chain address opened long positions in BTC, ETH, and silver, and purchased $10.699 million worth of BTC and ETH spot.
According to on-chain analyst Ai Yi (@ai_9684xtpa)’s monitoring, address 0x960…3f0fc simultaneously went long on both futures and spot positions this early morning, opening long positions of 102.55 BTC, 954.38 ETH, and 8,790 silver units, with total position value around $8.29 million. It also purchased spot BTC and ETH worth approximately $10.699 million. Its current take-profit levels are set at $63,000 for BTC and $1,650 for ETH.
16 minutes ago
A whale that reaped over $23.77 million in profits from the Basic Attention Token (BAT) ICO has reawakened after six years of dormancy, offloading 12,600 ETH in the past two days.
According to monitoring by EmberCN, a whale address that participated in the BAT ICO in 2017 and generated approximately $23.77 million in total profits has started selling ETH recently after six years of inactivity. Over the past two days, the address has sold 12,586 ETH, receiving 20.59 million USDS in exchange, at an average selling price of roughly $1,636. The whale invested 17,789 ETH in the BAT ICO in May 2017, acquiring around 113.8 million BAT. It then sold BAT gradually over approximately two and a half years at an average price of $0.245, netting about $23.77 million in profits, with some of the BAT converted into 27,586 ETH. Since then, the ETH has remained inactive for a long time until it resumed reducing its holdings recently. Currently, the address still holds around 15,000 ETH, valued at approximately $24.29 million.
16 minutes ago
Japanese storage firm Kioxia plans to list American Depositary Receipts (ADRs) in the U.S. in April or May next year.
Market news: Japanese storage chip maker Kioxia plans to list its American Depositary Receipts (ADRs) in the U.S. in April or May next year. (Jinshi)
16 minutes ago
Micron's earnings report lifts SK Hynix's stock price 11%, trader 'yixie' expands their unrealized profit to $1.3 million.
According to Hyperinsight monitoring, Micron’s Q3 financial results exceeded all expectations, driving peer SK Hynix’s stock to rally nearly 11% from its recent low. On the Hyperliquid platform, SKHYNIX is currently trading at $1,821, up 6.2% in the past 24 hours. Prominent trader yixie (X: @yixie10) nearly doubled his principal during this rally; he is now holding a 2x long position of 2,289 SKHYNIX contracts at an average entry price of ~$1,239.9. Fueled by the rally, the position’s unrealized profit has expanded to $1.37 million, a 96% gain. As of press time, the trader boasts an 85% win rate in semiconductor storage stock trades since opening positions this year, with total historical profits of $6.68 million, including $4.25 million from Micron Technology trades. Address: 0xa65ce1d604fa901c13aa29f2126a57d9032e412b – HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain news.
16 minutes ago
STRC drops to near $80, marking another new all-time low.
According to Bitget market data, Strategy’s preferred stock STRC has dropped to a low of $80.26, hitting a new all-time low since its listing. Calculated based on a $100 par value, the current discount has reached 20%.
PANews reported on June 9th that, according to an official TON announcement, The Open Network community voted with 81.22% in favor of renaming the native token from Toncoin to Gram, with the codename changing from TON to GRAM, effective June 15th at 20:00 (UTC+8). The chain name remains TON, and the token contract, balance, address, NFTs, Jettons, staking, and DeFi positions remain unchanged; only the name, codename, and logo have been updated. The official announcement emphasizes that this is a presentation layer renaming and there are no exchange, migration, or redemption processes. Any platform requesting users to "exchange TON for GRAM" or "redeem GRAM" is a scam. Wallets, browsers, and exchanges need to complete the front-end and trading pair renaming around June 15th and achieve consistent display by June 22nd.
The Open Network community has officially approved the renaming of Toncoin [TON] to Gram [GRAM], reviving the original token identity tied to Telegram’s abandoned blockchain ambitions.
According to the finalized governance proposal, 81.22% of participating voting power supported the change during a community vote that concluded on June 8.
The rename takes effect at 12:00 UTC on June 15, 2026.
Under the proposal:
the blockchain itself will remain The Open Network [TON], while the native token’s name, ticker, and logo will change from Toncoin [TON] to Gram [GRAM]. The proposal also stressed that no migration, token swap, bridge, or contract redeployment is required.
“There is no swap, bridge, claim, or migration,” the document stated.
Telegram’s influence over TON continues expanding The rename arrives alongside a broader strategic shift that increasingly places Telegram at the center of TON’s development roadmap.
The proposal states that Telegram is becoming “the primary driving force behind TON” and is now the network’s largest validator.
The document ties Telegram’s growing role to recent network upgrades that reportedly:
increased transaction throughput tenfold, reduced fees roughly six times, and improved finality times to sub-second speeds. Telegram founder Pavel Durov has recently framed the ecosystem’s direction around technical performance and protocol-level infrastructure improvements rather than purely community governance.
The proposal also described the rename as part of the “MTONGA” initiative, short for “Make TON Great Again.”
Gram branding reconnects TON to Telegram’s original vision The return of the Gram branding carries historical significance for the TON ecosystem.
Telegram originally developed the Telegram Open Network and planned to launch Gram as its native token before the project was halted following regulatory action by the U.S. Securities and Exchange Commission in 2020.
After the SEC case, the independent TON community continued developing the blockchain separately under The Open Network branding.
The proposal notes that “Gram” was the token name used in the original TON White Paper and has remained embedded within parts of the network’s core codebase.
Exchanges begin coordinated rollout The rollout will occur in phases from June 9 to June 22, with exchanges, wallets, explorers, and ecosystem applications expected to update trading pairs, interfaces, and ticker displays during that period.
Projects are also being encouraged to temporarily display the asset as “Gram [prev. Toncoin]” during a three-month transition window to reduce confusion among users.
The TON ecosystem additionally warned users that any service claiming users must “convert TON to GRAM” or “claim GRAM” is fraudulent.
Final Summary The TON community approved renaming Toncoin (TON) to Gram (GRAM), with the change taking effect on June 15. The proposal also highlighted Telegram’s expanding role as TON’s largest validator and primary development force.
Pavel Durov has unveiled a fully native Telegram app for Apple Watch, expanding the platform’s hardware footprint. The governance vote to rename Toncoin (TON) to GRAM cleared with 81.22% support, with the rebrand taking effect on June 15.
The blockchain retains the TON name. Holders need not swap, bridge, or claim anything. Balances, smart contracts, NFTs, staking, and decentralized finance (DeFi) positions carry over automatically.
GRAM Rebrand Revives Telegram’s 2018 VisionThe GRAM name originated in Telegram’s 2018 whitepaper, before the SEC forced the project to halt and refund $1.7 billion to investors.
The community rebuilt the chain independently as Toncoin under the TON Foundation. Durov’s rebrand returns the token to its intended identity.
The rename is step four of the Make TON Great Again (MTONGA) roadmap. Earlier milestones included Catchain 2.0, which delivered sub-second transaction finality, and a sixfold fee reduction to near-zero. Telegram also took over as TON’s largest validator earlier this year.
Toncoin Price Dropped Nearly 30% Over the Past Month. Source: CoinGeckoToncoin (TON) traded at $1.66 at the time of writing, down 7.14% over the prior 24 hours. The asset holds a market cap of $4.43 billion. The coin surged sharply after Durov’s May takeover announcements, only to pare some of those gains heading into the rebrand.
Full consistency across exchanges and ecosystem projects is expected by June 22. The three-week GRAM transition requires no technical changes to wallets, contracts, or protocols.
Apple Watch App Extends Telegram to a New Device CategoryDurov announced the native Apple Watch app on X, restoring wearable support after Telegram discontinued its earlier watchOS presence years ago. The app covers messaging, voice notes, GIFs, video playback, stickers, and location sharing from the wrist.
The two moves frame a deliberate strategy. The GRAM rebrand sharpens the crypto identity of Telegram’s ecosystem, while the Apple Watch launch extends the platform into consumer hardware.
Telegram’s roughly one billion users give TON’s user expansion plans one of the broadest potential footprints in the industry.
The remaining three MTONGA steps stay undisclosed, but the pairing of a product launch with a network identity reset signals Durov is advancing the ecosystem on multiple fronts ahead of June 22.
Dogecoin remains suppressed, following one of its biggest drops in recent weeks. The top meme cryptocurrency is currently trading close to $0.085 after losing a significant technical support level. This has investors wondering if the recent selloff has finally reached its limit, or if another leg lower is still possible.
The most recent correction caused DOGE to fall below a number of significant moving averages, including its medium-term and short-term trend indicators. More significantly, a rising support line that had been directing price movement since February was broken by the asset. Such a breakdown frequently indicates that buyers have momentarily lost control and that the market structure is deteriorating.
DOGE/USDT Chart by TradingViewSome indications of stabilization are starting to show despite the weakness. Following a sharp drop, DOGE was able to find support in the $0.08 area, where buyers intervened to slow the selling momentum. During the decline, trading volume significantly increased, suggesting a wave of weaker holders capitulating. These panic selling episodes have historically occasionally indicated the later phases of a correction, though there is currently insufficient proof.
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Additionally, momentum indicators indicate that DOGE is getting close to oversold territory. The Relative Strength Index (RSI) has nearly returned to its pre-short-term rebound levels. But oversold conditions by themselves do not ensure a reversal, particularly if the overall trend is still negative.
Bulls need to reclaim the $0.10 region in order for DOGE to regain bullish momentum. Following the recent breakdown, that zone now serves as a significant resistance level and aligns with multiple moving averages that may draw sellers. The technical outlook would be greatly enhanced, and a broader recovery would be possible with a successful move above it.
Shiba Inu trend under controlAs the meme coin industry tries to regain momentum after the most recent market correction, Shiba Inu is still under pressure. In recent weeks, SHIB has significantly decreased, but sellers are still in control of the overall trend.
The asset is still trading below a number of significant technical levels, which is indicative of diminished investor confidence and less speculative activity. Despite sporadic attempts at recovery, buyers have not yet created enough momentum to create a long-lasting uptrend.
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It appears that SHIB is getting close to a critical stage based on recent price action. The next big move may depend on how well support levels hold up, which are currently being tested. The token may enter a consolidation phase and lay the groundwork for a more robust recovery in the future if buyers are successful in defending these zones.
SHIB/USDT Chart by TradingViewAccording to momentum indicators, selling pressure has decreased in comparison to the decline's most aggressive phases. They do not, however, yet point to a clear bullish reversal. Because of this, traders continue to concentrate on whether SHIB can recover adjacent resistance levels and draw in new demand.
It's likely that volatility will stay high in the near future. Shiba Inu's long-term prospects are still largely dependent on market sentiment and risk tolerance, but support preservation is still the primary priority right now. While another breakdown would raise the likelihood of further downside pressure, a successful defense could significantly improve the technical picture.
Toncoin becoming healthierDespite the recent volatility in the cryptocurrency market, Toncoin (TON) is exhibiting significantly greater resilience than many large-cap altcoins. TON has stabilized close to a crucial support area following a dramatic decline from its May highs, and it is currently working to restore its bullish momentum.
Toncoin is still trading around its long-term moving averages, in contrast to a number of major cryptocurrencies that have completely collapsed. This distinction is significant because it implies that, despite a decline in short-term sentiment, the larger market structure is still intact. TON was driven toward the $1.50–$1.55 range by the recent selloff, but buyers soon returned and stopped a further decline.
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The recovery has not been easy. Price action is still erratic, and there has been opposition to repeated attempts to recover higher levels. Nevertheless, TON continues to hold above the most important support zones that define its medium-term outlook. This provides bulls with a chance to progressively take back control if buying pressure keeps getting better.
The momentum indicators' behavior is one positive indication. The Relative Strength Index (RSI) is currently hovering close to neutral territory after recovering from oversold conditions. This implies that, in contrast to the panic that accompanied the initial decline, selling pressure has considerably decreased.
Toncoin's next obstacle is in the $1.75–$1.85 range. This area has a number of technical barriers and moving averages that served as support before becoming resistance. A successful breakout above that range would probably pique traders' interest once more and increase the likelihood of a move toward the psychologically significant $2 level.
Ethereum bears lose controlAfter weeks of intense selling pressure that pushed the second-largest cryptocurrency well below its recent highs, Ethereum is beginning to stabilize. ETH has begun to exhibit traits frequently linked to a possible recovery phase, even though the larger market is still cautious.
Ethereum's ability to stay above recent lows, in spite of ongoing volatility in the cryptocurrency space, is one of the most noteworthy developments. Buyers have frequently intervened in close proximity to crucial support zones, averting a more severe collapse and indicating that demand is starting to rebound. The panic-driven selling observed earlier in the correction stands in contrast to this behavior.
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Additionally, technical indicators are getting better. After reaching oversold conditions, momentum has stabilized, and Ethereum is working to create a higher low, which frequently forms the basis for trend reversals. The change implies that bearish pressure might be waning, though confirmation is still required.
Regaining significant resistance levels above will be ETH's next challenge. A successful increase in price could boost the mood of the market and draw more investment into the asset. But until Ethereum demonstrates that it can maintain its upward momentum, traders should exercise caution.
For the time being, Ethereum seems to be moving from an aggressive selling phase to a consolidation phase. In the upcoming weeks, broader market conditions will probably determine whether this is just a brief pause or the start of a more significant recovery.
This is a general announcement and marketing communication. Products and services referred to here may not be available in your region. Fellow Binancians, Binance will support the Toncoin (TON) rebranding to Gram (GRAM). General TradingAt 2026-06-30 03:00 (UTC), Binance will remove all existing TON spot trading pairs (i.e.,TON/FDUSD, TON/IDR, TON/TRY, TON/U, TON/USD1, TON/USDC and TON/USDT) and cancel all pending TON spot trading orders.At 2026-07-02 08:00 (UTC), Binance will open trading for the GRAM/FDUSD, GRAM/IDR, GRAM/TRY, GRAM/U, GRAM/USD1, GRAM/USDC and GRAM/USDT trading pairs.Deposits and WithdrawalsAt 2026-06-30 03:30 (UTC), deposits and withdrawals of TON tokens will be suspended. Users should ensure they leave sufficient time for their TON token deposits to be fully processed prior to this time. Deposits and withdrawals of GRAM tokens will open at 2026-07-02 07:00 (UTC).After the event is complete, deposits and withdrawals of TON tokens will no longer be supported.Binance will handle all technical requirements for users who are involved in this event.Users may refer to the announcement from the project team for more information. Rebranding Details TON tokens will assume the ticker of GRAM tokens on Binance. All TON tokens will be swapped to GRAM at a ratio of 1 TON = 1 GRAM. Spot Binance Spot Copy Trading will remove the aforementioned spot trading pairs on 2026-06-26 03:00 (UTC). After this time, any outstanding assets will be force-sold at market price or moved to the Spot Account if the amount is unsellable. Users are strongly advised to update or cancel their Spot Copy Trading portfolios prior to Binance Spot Copy Trading delisting time to avoid potential losses.At 2026-06-30 03:00 (UTC), Binance will remove and cease trading on all Spot trading pairs for TON. The exact trading pairs being removed are: TON/FDUSD, TON/IDR, TON/TRY, TON/U, TON/USD1, TON/USDC and TON/USDT. All trade orders will be automatically removed after trading ceases in each respective trading pair.Binance will remove Trading Bots services for the aforementioned Spot trading pairs where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses.Binance will open trading for the GRAM/FDUSD, GRAM/IDR, GRAM/TRY, GRAM/U, GRAM/USD1, GRAM/USDC and GRAM/USDT trading pairs at 2026-07-02 08:00 (UTC). Futures Binance Futures will close all positions and conduct an automatic settlement on the TONUSDT USDⓈ-M Perpetual Contracts at 2026-06-23 09:00 (UTC). The contract will be removed after the settlement is complete. Users are advised to close any open positions prior to the settlement time to avoid automatic settlement. Users are not allowed to open new orders for the aforementioned contract(s) starting from 2026-06-23 08:30 (UTC). During the final hour proceeding the scheduled settlement time of a futures contract, the Futures Insurance Fund will not be utilised to support the liquidation process in respect of that futures contract. Any such liquidation triggered during the final hour will be executed as a single Immediate or Cancel order (“IOCO”), which will be offloaded into the market in one attempt. If, following the execution of the IOCO, the assets remaining available in the user's account are sufficient to meet the required Maintenance Margin (after accounting for realized losses and any applicable Liquidation Clearance Fee), the liquidation will cease. If the IOCO fails to fully reduce the position to a level that satisfies the Margin Maintenance requirements, any unfilled portion of the position will be resolved through the Auto-Deleveraging (ADL) process. Users are strongly advised to actively monitor and manage open positions during the final hour, as this period may be subject to heightened volatility and reduced liquidity.In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the TONUSDT USDⓈ-M Perpetual Contracts without further announcements, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates, such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price. A separate announcement will be made for relisting.At 2026-06-23 09:00 (UTC), Binance Funding Rate Arbitrage Bot will close all arbitrage strategies and conduct an automatic settlement on the TONUSDT symbol(s). Margin At 2026-06-15 06:00 (UTC),Binance Margin will suspend Cross Margin and Isolated Margin borrowings on the aforementioned pair(s).At 2026-06-23 10:00 (UTC) (Margin Scheduled Removal Time),Binance Margin will remove TON from Cross and Isolated Margin. The cross and isolated margin pair(s) of the aforementioned token(s) will be removed from Margin. Effective immediately, users will no longer be able to transfer any amount of the aforementioned token(s) via manual transfers and Auto-Transfer Mode for Cross and Isolated Margin into their Margin Accounts. If users hold outstanding liabilities of said token(s), these users may only manually transfer up to the amount of liabilities of that token(s) into their Margin Accounts, less any collateral already available.At the Margin Scheduled Removal Time, Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned Isolated Margin pair(s), which will then be removed from Isolated Margin.At the Margin Scheduled Removal Time, if users hold both collateral and liabilities of the aforementioned token(s) on Cross Margin, the collateral will be used to repay the respective liabilities. If there are remaining collateral or liabilities of the aforementioned token(s), one of two options below will occur:If users only hold the aforementioned token(s) in the form of collateral: If the Collateral Margin Level (CML) is above 2, the aforementioned token(s) will be transferred to users’ Spot Accounts, up to the point when the CML reaches 2. The remaining tokens in their Cross Margin Accounts that are to be removed will then be fully sold. If the CML is below 2, the remaining token(s) in users’ Cross Margin Accounts that are to be removed will be fully sold. If users only hold the aforementioned token(s) in the form of liabilities:If CML is at or above 2, pending orders will not be affected. If the CML is below 2, all pending orders in their Cross Margin Accounts will be canceled. The system will then sell other collateral tokens to buy and fully repay the aforementioned token(s)’ liabilities.Please note that users will not be able to update their positions during the removal process, which may take approximately 3 hours. Users are strongly advised to close their positions and/or transfer their assets from Margin Accounts to Spot Accounts prior to the cessation of margin trading. Binance will not be responsible for any potential losses.A separate announcement will be made for relisting. Portfolio Margin If the aforementioned token(s) remain in the Portfolio Margin Account after the Margin Scheduled Removal Time, they will be automatically liquidated. The removal margin assets will be sold for USDT, and the proceeds will be added to the user's Portfolio Margin balance. Binance is not liable for any losses incurred.Portfolio Margin users are advised to transfer the aforementioned token(s) out of their Margin Accounts to their Spot Accounts and to top up their margin balance before the Margin Scheduled Removal Time where applicable. Users should monitor the Unified Maintenance Margin Ratio (uniMMR) closely to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the Margin Account. Please Note: For futures perpetual contracts, please refer to the relevant Futures announcements. Refer to this FAQ for more information on how any remaining balances of the aforementioned token(s) in Portfolio Margin users’ Margin Accounts will be treated. Loans At 2026-06-23 07:00 (UTC), Binance Loans (Flexible Rates) and VIP Loan will close all outstanding loan positions for TON (both loanable tokens and collateral tokens will be closed). Users are strongly advised to repay their outstanding TON loans before this time to avoid any potential losses. Please refer to the Binance Loans (Flexible Rates) and VIP Loan FAQs for more information. More details are also available in the Binance Loans and VIP Loan Terms and Conditions. Simple Earn From 2026-06-26 08:00 (UTC),Binance Simple Earn will cease support for TON Simple Earn Flexible and Locked Products. Subscriptions will no longer be available. All remaining TON Flexible and Locked Products positions, together with any accrued rewards, will be automatically redeemed to users’ Spot Accounts. Users can choose to redeem their assets from TON Simple Earn Flexible and Locked Products anytime beforehand without deduction of any accrued rewards. After 2026-07-02 08:00 (UTC), Binance Simple Earn will resubscribe the converted GRAM assets for Flexible and Locked Products for impacted users, according to the above swap ratio.If there were any changes in the user's TON balance after the redemption, the resubscription will be conducted based on the user’s previous asset allocation ratio between Flexible and Locked Products with different durations with the remaining GRAM balance.Example: The user has 30 TON in 15-Day Locked Products, 20 TON in 30-Day Locked Products, and 50 TON in Flexible Products.If the user’s total TON balance changes from 100 to 50 before the resubscription, the resubscription amount will be: 15 GRAM in 15-Day Locked Products, 10 GRAM in 30-Day Locked Products, 25 GRAM in Flexible Products.About Locked Products PositionsRewards will be distributed to the user’s Spot Account the day after accrual starts on the new subscriptions (two days after subscription).The duration of the Locked Products will be reset with the new subscription. For example, a TON 30-Day Locked Products position with 7 days till expiry will be reset to 30 days till expiry for the new GRAM 30-Day Locked Products position.After the resubscription, users can redeem the GRAM Locked Products positions before 2026-09-01 08:00 (UTC) without deduction of any accrued rewards. Dual Investment From 2026-06-15 08:00 (UTC), Binance Dual Investment will cease support for TON-related Dual Investment products, and users will no longer be able to subscribe to these products.Unsettled subscriptions TON-related Dual Investment positions will be automatically settled in the new token (GRAM) upon expiry. Relevant Auto-Compound plans will also continue using the new token GRAM. Users may disable their Auto-Compound plan via the Earn Wallet before 07:30 (UTC) on the Settlement Date.After the token swap is completed at 2026-07-02 08:00 (UTC), Binance Dual Investment will offer corresponding Dual Investment products for the new token GRAM. All other features remain unaffected. Binance Pay At 2026-06-26 08:00 (UTC), Binance will remove TON from the list of supported cryptocurrencies on Binance Pay. Gift Card At 2026-06-30 03:00 (UTC),Binance will no longer support the creation of TON Gift Cards. Users may proceed to redeem any unredeemed TON Gift Cards for TON tokens before this time. Convert Binance Convert will remove TON and all associated pairs at 2026-06-30 02:00 (UTC). Convert Low-Value Assets Convert Low-Value Assets will remove TON at 2026-06-29 02:00 (UTC). Users may choose to convert the low-value assets beforehand. Buy & Sell Crypto At 2026-06-22 03:00 (UTC), Buy & Sell Crypto will remove TON and all associated pairs. Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2026-06-12 Disclaimers: USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and [email protected]. Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value.
PANews reported on June 12 that, according to an official announcement, Binance will support the rebranding of Toncoin (TON) as Gram (GRAM). Binance will cease trading and remove all existing TON spot trading pairs (TON/FDUSD, TON/IDR, TON/TRY, TON/U, TON/USD1, TON/USDC, and TON/USDT) at 11:00 AM (UTC+8) on June 30, 2026, and will automatically cancel all pending orders.
Meanwhile, Binance will suspend TON token deposits and withdrawals at 11:30 AM (UTC+8) on June 30, 2026. TON tokens deposited after this time will not be credited to your account. Binance will reopen GRAM token deposits at 3:00 PM (UTC+8) on July 2, 2026, and will open spot trading for GRAM/FDUSD, GRAM/IDR, GRAM/TRY, GRAM/U, GRAM/USD1, GRAM/USDC, and GRAM/USDT at 4:00 PM (UTC+8) on the same day. After the token swap and rebranding are completed, Binance will no longer support TON token deposits and withdrawals.
Top 1 On-Chain Liquidation: ETH Bull Whale Hit With 4 Consecutive Forced Liquidations, $14.11 Million in Positions Liquidated
According to Hyperinsight monitoring, today’s largest liquidation on the Hyperliquid platform involved a high-leverage Ethereum (ETH) long whale. The address opened a long position yesterday when ETH was trading at roughly $1,661, and immediately incurred losses after entry. Triggered by ETH’s short-term dip below $1,600 in the early hours of today, the whale faced four consecutive liquidations, resulting in the forced closure of a total of 8,734 ETH positions valued at approximately $14.11 million. The address now holds less than $150,000 in remaining funds, with all positions fully cleared. Address: 0x1cb0b187c14a8c0fb36ca0dcbb775dcc7f02b408
16 minutes ago
A certain on-chain address opened long positions in BTC, ETH, and silver, and purchased $10.699 million worth of BTC and ETH spot.
According to on-chain analyst Ai Yi (@ai_9684xtpa)’s monitoring, address 0x960…3f0fc simultaneously went long on both futures and spot positions this early morning, opening long positions of 102.55 BTC, 954.38 ETH, and 8,790 silver units, with total position value around $8.29 million. It also purchased spot BTC and ETH worth approximately $10.699 million. Its current take-profit levels are set at $63,000 for BTC and $1,650 for ETH.
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A whale that reaped over $23.77 million in profits from the Basic Attention Token (BAT) ICO has reawakened after six years of dormancy, offloading 12,600 ETH in the past two days.
According to monitoring by EmberCN, a whale address that participated in the BAT ICO in 2017 and generated approximately $23.77 million in total profits has started selling ETH recently after six years of inactivity. Over the past two days, the address has sold 12,586 ETH, receiving 20.59 million USDS in exchange, at an average selling price of roughly $1,636. The whale invested 17,789 ETH in the BAT ICO in May 2017, acquiring around 113.8 million BAT. It then sold BAT gradually over approximately two and a half years at an average price of $0.245, netting about $23.77 million in profits, with some of the BAT converted into 27,586 ETH. Since then, the ETH has remained inactive for a long time until it resumed reducing its holdings recently. Currently, the address still holds around 15,000 ETH, valued at approximately $24.29 million.
16 minutes ago
Japanese storage firm Kioxia plans to list American Depositary Receipts (ADRs) in the U.S. in April or May next year.
Market news: Japanese storage chip maker Kioxia plans to list its American Depositary Receipts (ADRs) in the U.S. in April or May next year. (Jinshi)
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Micron's earnings report lifts SK Hynix's stock price 11%, trader 'yixie' expands their unrealized profit to $1.3 million.
According to Hyperinsight monitoring, Micron’s Q3 financial results exceeded all expectations, driving peer SK Hynix’s stock to rally nearly 11% from its recent low. On the Hyperliquid platform, SKHYNIX is currently trading at $1,821, up 6.2% in the past 24 hours. Prominent trader yixie (X: @yixie10) nearly doubled his principal during this rally; he is now holding a 2x long position of 2,289 SKHYNIX contracts at an average entry price of ~$1,239.9. Fueled by the rally, the position’s unrealized profit has expanded to $1.37 million, a 96% gain. As of press time, the trader boasts an 85% win rate in semiconductor storage stock trades since opening positions this year, with total historical profits of $6.68 million, including $4.25 million from Micron Technology trades. Address: 0xa65ce1d604fa901c13aa29f2126a57d9032e412b – HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain news.
16 minutes ago
STRC drops to near $80, marking another new all-time low.
According to Bitget market data, Strategy’s preferred stock STRC has dropped to a low of $80.26, hitting a new all-time low since its listing. Calculated based on a $100 par value, the current discount has reached 20%.
Binance, one of the world’s largest cryptocurrency exchanges, has announced its support for Toncoin’s rebranding. According to the announcement, Toncoin (TON) will officially begin trading under the name Gram (GRAM) in the coming weeks, and all TON transactions on Binance will be converted to the new token.
According to the schedule published by the exchange, all existing TON spot trading pairs will be removed from the platform on June 30, 2026, at 06:00. This includes the TON/FDUSD, TON/IDR, TON/TRY, TON/U, TON/USD1, TON/USDC, and TON/USDT pairs, which will cease trading. Simultaneously, all open TON orders will be automatically cancelled.
Deposit and withdrawal processes will also be temporarily changed. Binance will suspend deposits and withdrawals for TON tokens as of June 30th at 06:30 AM. Users are advised to allow sufficient time for any transfers they make before this date to be fully confirmed by the network.
Following the completion of the rebranding process, deposits and withdrawals for the new token, Gram, will open on July 2, 2026, at 10:00 AM. One hour later, at 11:00 AM, trading will begin on the following trading pairs: GRAM/FDUSD, GRAM/IDR, GRAM/TRY, GRAM/U, GRAM/USD1, GRAM/USDC, and GRAM/USDT.
Binance stated that users participating in the conversion process do not need to perform any technical actions. The exchange indicated that all technical requirements related to the token exchange will be automatically handled by their systems. Once the process is complete, support for depositing and withdrawing TON tokens will completely cease.
Toncoin is known as the native entity of the TON ecosystem, which is a continuation of the blockchain initiative initially developed by Telegram. The rebranding is considered to have been carried out in line with the project’s new strategic goals and ecosystem vision.
*This is not investment advice.
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Binance will support the rebranding of Toncoin to Gram, moving the exchange’s TON markets to the GRAM ticker through a staged process ending in early July.
Summary
Binance will swap TON to GRAM at 1:1 while removing old spot pairs in stages. TON futures, margin, loans, earn, convert and pay services face separate June removal deadlines too. Toncoin traded near $1.71 as the Gram rebrand kept Telegram-linked market attention active this week. Binance said it will support the Toncoin rebrand to Gram and handle the technical process for affected users. The exchange will swap TON tokens to GRAM at a ratio of 1 TON to 1 GRAM.
“Binance will handle all technical requirements for users who are involved in this event,” Binance said in its announcement.
The change means users holding TON on Binance do not need to manually complete the swap. The exchange will move eligible balances to the new GRAM ticker after the rebrand process is completed.
Binance old TON pairs will close Binance will remove all TON spot trading pairs at 03:00 UTC on June 30. The affected pairs include TON/FDUSD, TON/IDR, TON/TRY, TON/U, TON/USD1, TON/USDC, and TON/USDT.
All pending TON spot orders will be canceled when trading stops. Binance will then open GRAM/FDUSD, GRAM/IDR, GRAM/TRY, GRAM/U, GRAM/USD1, GRAM/USDC, and GRAM/USDT at 08:00 UTC on July 2.
Deposits and withdrawals of TON will be suspended at 03:30 UTC on June 30. GRAM deposits and withdrawals will open at 07:00 UTC on July 2, one hour before spot trading begins.
After the process ends, Binance said it will no longer support deposits and withdrawals of TON tokens. Users who move TON to Binance close to the deadline must leave enough time for deposits to process.
Futures and other products face deadlines Binance Futures will close all TONUSDT USD-M perpetual positions and settle the contract at 09:00 UTC on June 23. Users will not be able to open new orders from 08:30 UTC on that date.
The exchange also warned futures users to monitor open positions during the final hour. Binance said reduced liquidity and market volatility may affect settlement conditions before the contract is removed.
Margin, loans, Simple Earn, Dual Investment, Pay, Gift Card, Convert, and Buy & Sell Crypto services will also face separate deadlines. Binance Margin will remove TON from cross and isolated margin on June 23.
TON Simple Earn products will stop accepting support from June 26. Remaining positions will be redeemed to users’ spot accounts, then resubscribed as GRAM products after the swap where applicable.
Gram rebrand follows Telegram push The rebrand returns Toncoin to the Gram name used in Telegram’s original blockchain plan. TON will remain the name of the network, while GRAM will become the token ticker on Binance.
As previously reported by crypto.news, Pavel Durov said Gram was the original name of the token in TON’s first white paper. He also said the rebrand does not require a token swap at the network level.
As reported earlier this month, Toncoin rallied earlier in June after the Gram plan revived trader interest. TON traded near $1.71 on June 12, with a 24-hour gain of about 4%, according to crypto.news data.
Toncoin (TON) price chart, source: crypto.news The Binance timeline now gives holders clear exchange deadlines. Spot holders can wait for the automatic swap, while futures, margin, loan, and product users may need to close or adjust positions before the listed dates.
XRP has entered a technically weak phase after losing the multi-month support zone around $1.30. The daily chart shows a prolonged downtrend with price trading below all major moving averages, while the 200-day MA remains far above current levels near $1.60. That gap highlights how much damage the recent selloff has inflicted on the structure.
The most important development is the breakdown from the descending triangle that had formed between March and May. Bulls repeatedly defended the $1.30 floor, but sellers eventually overwhelmed demand, triggering a sharp move lower. Such patterns often produce a measured move after support gives way, and XRP is currently attempting to stabilize around $1.14.
XRP/USDT Chart by TradingViewMomentum indicators are also struggling. RSI briefly entered oversold territory before bouncing slightly, suggesting some short-term relief may occur. However, oversold conditions alone do not guarantee a reversal. During strong downtrends, assets can remain oversold for extended periods while continuing to grind lower.
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For bulls, reclaiming $1.30 is now the first major challenge. That former support has likely become resistance, reinforced by the cluster of moving averages directly overhead. Unless XRP can recover that area and hold above it, any bounce may simply be a relief rally within a broader bearish trend.
On the downside, failure to maintain the current range could expose psychological support near $1.00. Markets often gravitate toward round-number levels after major breakdowns, making that zone a natural target for traders.
The bigger picture remains mixed. XRP has already corrected heavily from its highs, which reduces some downside risk compared to earlier stages of the decline. At the same time, there is still no convincing evidence that a long-term bottom has formed. Traders should watch for higher lows, increasing volume on green days, and a recovery above $1.30 before calling for a sustainable reversal.
Zcash has to regain the trustZEC's long-term structure is still stronger than that of many significant altcoins despite the sharp volatility. Whether the recent collapse was just a violent reset or the start of a more significant trend reversal will be revealed over the coming weeks.
Despite going through one of the biggest liquidations this month, Zcash is proving to be far more resilient than many other altcoins.
ZEC successfully staged an aggressive recovery after falling from above $600 to almost $250 in a matter of days, and it is currently consolidating at about $430.
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ZEC is still above its 200-day moving average at $370 despite a decline in short-term momentum. That level continues to be the boundary between a sound long-term uptrend and a more severe bearish reversal. It also served as support during the panic selloff.
Rather than a gradual deterioration of the trend, Zcash's recent collapse was largely triggered by the discovery of a bug that allowed unauthorized generation of ZEC, sparking panic across the market. The news led to a wave of forced liquidations and aggressive selling, causing volume to surge to extreme levels.
Despite the shock, buyers stepped in almost immediately after the flush, producing a strong recovery candle and preventing a complete breakdown of the broader market structure. The swift rebound suggests that while confidence was shaken by the exploit-related concerns, many participants viewed the selloff as an overreaction rather than a fundamental threat to the long-term viability of the network.
ZEC is currently caught between resistance at $450-$500 and support at $400. Upside growth is constrained by the 50-day and 100-day moving averages, which are still above. Selling pressure may persist on recovery attempts as long as the price remains below those levels.
ZEC's long-term structure is still stronger than that of many significant altcoins despite the sharp volatility. Whether the recent collapse was just a violent reset or the start of a more significant trend reversal will be revealed over the coming weeks.
Toncoin's path to recoveryAfter weeks of erratic price movement, Toncoin has stabilized, but the chart still shows a market looking for guidance rather than a definitive uptrend.
Sellers swiftly regained control after the May explosive rally above $2.80, forcing TON into a sharp correction that erased much of the advance.
The token's ability to recover and hold above the 100-day moving average near $1.68 is a positive indication for bulls. Additionally, the price is fluctuating around the cluster created by the 50-day and 200-day moving averages, which serves as a battlefield for buyers and sellers.
TON/USDT Chart by TradingViewTON is at least making an effort to create support around these crucial levels, in contrast to many altcoins that remain well below long-term trend indicators.
The panic selling phase may be coming to an end, as volume has significantly decreased since the May spike. But momentum does not change. When the RSI is close to the middle of its range, it is neither overbought nor oversold. This frequently comes before a more significant move when a clear catalyst appears.
Several moving averages converge in the main resistance zone, which is located between $1.80 and $1.85. The technical picture would be greatly enhanced by a clear breakout above that area, which might pave the way for the psychologically significant $2.00 level. The May swing highs would then be the next important target.
On the downside, another test of the recent lows around $1.50 is more likely if support around $1.68 is not maintained. The notion that the post-rally correction is still ongoing would be strengthened by such an action.
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Compared to many large-cap altcoins, TON's structure appears to be much healthier overall. The asset has recovered significant technical levels, avoided total collapse, and is establishing a foundation.
Proving that buyers can maintain momentum above the dense resistance cluster directly overhead is the next obstacle.
Shiba Inu's relevance is decreasingFrom a technical standpoint, Shiba Inu continues to be among the weaker major meme coins. The daily chart confirms a bearish continuation pattern rather than a brief pullback by clearly breaking out of a multi-month rising channel.
SHIB traded within an ascending structure during the months of March, April, and May, which at first glance seemed positive. But rather than rising, the price lost the lower trendline support and quickly declined. Before buyers eventually intervened, that breakdown set off a wave of selling that drove SHIB toward the $0.0000045 area.
SHIB/USDT Chart by TradingViewAlthough noteworthy, the recent recovery must be understood in its context. The price is still below the 50-, 100-, and 200-day moving averages, which are still sloping downward. A market where sellers retain control over a variety of time periods is usually reflected in this alignment.
The current bounce can be explained by the RSI's recent entry into oversold territory before it recovered. Oversold readings don't always indicate a trend reversal, even though they frequently result in relief rallies. In order for that to occur, SHIB would have to start creating higher highs and higher lows and recover a number of resistance levels.
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Bulls face their first obstacle at $0.0000055, which is close to the broken channel support. This zone is especially crucial because, after a breakdown, former support frequently turns into resistance.
The moving average cluster around $0.0000058-$0.0000060 represents an even more formidable barrier above that.
The recent lows around $0.0000045 will once again be the focus of attention if buyers are unable to maintain the recovery. A breakdown below that level might prolong SHIB's bearish trend and lead to another leg lower.
As of right now, the market seems to be going through a technical recovery following strong selling pressure. Although the recovery is positive, the overall trend is still negative until SHIB can recover important resistance areas and disprove the recent channel breakdown.
As technical indicators dominate the cryptocurrency market, major assets like XRP, Zcash, Toncoin, and Shiba Inu remain in search of short-term direction. Recent data highlight a significant multi-month support loss for XRP, while certain cryptocurrencies are showing early signs of recovery following extensive selloffs.
Focus shifts to support loss in XRPXRP has moved into a technically weak phase after falling below the long-held support level near 1.30 dollars. Daily charts show the price struggling under key moving averages, with the 200-day average lingering around 1.60 dollars. This divergence puts a spotlight on how recent selling activity has disrupted the technical outlook.
One notable development was the breakdown from a descending triangle pattern that had formed between March and May. Although buyers managed to defend the 1.30 dollars level for a while, intensifying selling pressure ultimately pushed prices lower. XRP is now trying to stabilize around the 1.14 dollars mark.
Momentum indicators continue to paint a lackluster picture. While the RSI briefly dipped into oversold territory and showed some limited recovery, this alone does not signal a lasting turnaround.
The first major test for XRP buyers now lies in reclaiming the 1.30 dollars region, which has turned from support into a tough resistance area.
If current levels do not hold, psychological support around the 1.00 dollars mark could quickly become relevant again. For any lasting bounce, traders are looking for higher lows, increased volume during upswings, and a sustained move back above 1.30 dollars.
Zcash resists after sharp plungeDespite experiencing one of the month’s most severe liquidation waves, Zcash has shown more resilience compared to many other altcoins. ZEC dropped sharply from over 600 dollars down to nearly 250 dollars in a matter of days, but then rallied forcefully to stabilize near 430 dollars. Zcash is known as a privacy-focused blockchain project.
The primary trigger for the sharp fall was the discovery of a software bug that allowed unauthorized ZEC creation. This incident triggered panic in the markets, resulting in forced liquidations and a surge in heavy selling.
Mini glossary: Liquidation refers to when leveraged positions are closed automatically by exchanges due to insufficient collateral. This process often causes sudden spikes in volume and volatility.
Despite this setback, buyers jumped in quickly, helping to prevent a complete breakdown of the broader market structure. ZEC continues to hold above its 200-day moving average of 370 dollars, with 400 dollars providing support and the 450 to 500 dollars range serving as resistance.
Outlook for TON and SHIBToncoin, having experienced weeks of volatility, is showing signs of stabilization. A dramatic rally above 2.80 dollars in May was largely erased by subsequent corrections. Nevertheless, TON’s ability to remain above its 100-day moving average near 1.68 dollars is considered a positive sign. The key resistance area is between 1.80 and 1.85 dollars; breaking through could open the door to a move towards 2.00 dollars.
Shiba Inu, on the other hand, stands out as one of the more vulnerable assets from a technical perspective. Breaking down from a multi-month ascending channel, SHIB’s chart signals a continuing downtrend rather than a brief adjustment. The token slumped to the 0.0000045 dollars area amid steady selling pressure.
Although SHIB has attempted a rebound, its price remains below the 50, 100, and 200-day moving averages, indicating sellers are still in control. Immediate resistance is seen at 0.0000055 dollars, with a stronger barrier between 0.0000058 and 0.0000060 dollars. If buyers fail to regain momentum, retesting the 0.0000045 dollars support remains a clear risk.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
In a significant development for the cryptocurrency market, Toncoin (TON), Celo (CELO), Hashflow (HFT), JasmyCoin (JASMY), and Metis (METIS) have been officially listed on DWF Liquid Markets. From now onwards, traders can easily access these coins. These tokens are available in the following pairs for users TON/USDT, CELO/USDT, HFT/USDT, JASMY/USDT, and METIS/USDT. Earlier, Liquid Markets added $JOE, $LADYS, and $FLOKI as well.
DWF Markets Welcomes Revived TON, Inclusive Celo, and Liquid Hashflow Toncoin (TON) is an important a decentralized layer-1 blockchain. It was initially developed in 2018 by the encrypted messaging platform Telegram. Apart from the project’s initial neglect, it has been revived by the TON Foundation. It has been also rebranded from Telegram Open Network to The Open Network. Additionally, it showcased a renewed focus on its development and potential.
Celo is another addition to the DWF Liquid Markets. It is a carbon-negative, permissionless blockchain with a plenty of ecosystem of global partners. This blockchain is actively supporting the creation of innovative Web3 decentralized applications (dapps). Moreover, it aims at fostering a more inclusive financial system accessible to all.
Hashflow offers traders deep liquidity across various leading blockchains. With access to approximately $8 billion in liquidity, Hashflow promises traders the best prices. It also facilitates seamless trading experiences for every token, both interchain and cross-chain.
JasmyCoin and Metis Enter Crypto Space, Addressing Scalability and Efficiency JasmyCoin (JASMY) emerges as a cryptocurrency project from Jasmy Corporation. It is a Tokyo-based Internet of Things (IoT) provider. Operating within the realm of the Internet of Things, JasmyCoin leverages both mechanical and digital components. In addition to this, JasmyCoin is equipped with unique identifiers to transmit data efficiently.
Lastly, Metis joins the lineup as an Ethereum Layer-2 scaling solution. It aims to address the blockchain problems by offering decentralization, security, and scalability at the same time. Additionally, Metis aims to tackle some of Ethereum’s most pressing challenges. These challenges include speed, cost, and scalability. As a result, it enhances the overall efficiency and functionality of the Ethereum network.
The addition of these five tokens to DWF Liquid Markets will expand the platform’s offerings. Moreover, it is going to provide traders with increased access to a plethora of innovative blockchain projects. The world of cryptocurrency market is continuously evolving. In this scenario, the availability of such tokens on established trading platforms is very necessary. The platforms like DWF Liquid Markets reflect the increasing interest of crypto worldwide.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
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In a technical analysis, crypto analyst Ali Martinez has identified a potential 40% breakout for Toncoin (TON), targeting an ambitious price point of $11. Martinez’s analysis, delivered through detailed chart reviews published on X, provides a robust case for TON’s impending price movement, underpinned by classical chart patterns and Fibonacci retracement levels.
Toncoin Is on The Verge Of A Major Breakout Martinez’s first chart showcases TON/USDT plotted on a 12-hour timeframe, demonstrating a classic ascending triangle pattern. This pattern is recognized in technical analysis as a bullish signal, particularly when it forms during an uptrend as is evident with TON.
An ascending triangle is characterized by a flat upper resistance line—here, at approximately $7.54—and a rising lower trendline that sequentially creates higher lows. The convergence of these lines indicates dwindling supply and increasing demand, suggesting that a breakout is likely as the price compresses.
The target price of $11, which implies a 40% increase from the triangle’s resistance line, is derived using the measured move method. This method calculates the breakout target by adding the widest point of the triangle to the breakout point. In TON’s case, the widest part of the triangle spans approximately $3.07 (40.03%), projecting from the breakout resistance could ideally set the price near $11.
Martinez extends his analysis on a separate 4-hour chart of TON’s performance in a Tether (USDT) perpetual contract on Binance. This chart employs Fibonacci retracement levels to further refine the support and resistance thresholds. The Fibonacci levels, drawn from recent highs and lows, reveal crucial supports at $7.44 (23.6% retracement), $7.30 (38.2% retracement), $7.1912 (50% retracement) and $6.9220 (78.6% retracement).
Compounding the technical narrative, the TD Sequential indicator—an advanced tool used to predict price reversals—points to a potential short-term pullback. Martinez notes this indicator suggests that TON might dip to around $7.2, aligning with the 23.6% Fibonacci level, before making the significant bullish leap. This dip is interpreted as a strategic entry point for investors, providing a lower risk buying opportunity before the anticipated breakout.
“Toncoin is gearing up for a potential 40% breakout, aiming for $11! However, the TD Sequential indicator suggests TON might briefly dip to $7.2 to gather liquidity before the upswing,” Martinez noted via X.
For traders and investors, understanding the strategic significance of the $7.2 entry point is crucial. This level not only represents mid-point of the retracement but also serves as a psychological support zone, where the market might consolidate gains before accumulating enough momentum for the potential breakout.
At press time, Toncoin traded $7.59.
TON price is on the verge of a new all-time high, 4-hour chart | Source: TONUSDT on TradingView.com Featured image from Pintu, chart from TradingView.com
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
The crypto market is moving through uneven momentum as different narratives compete for attention. Toncoin remains tied to its messaging-based ecosystem and steady network usage. Shiba Inu continues to rely on strong community participation and periodic meme-driven cycles across retail sentiment shifts. Bonk Coin tracks closely with Solana activity, often reacting quickly to broader ecosystem moves.
BlockDAG is drawing increased focus due to its now live Legacy Sale offering BDAG at a $0.00000044 price and a buyback program allowing holders to sell coins at $0.001 per coin. This is where the next big crypto discussion intensifies, as direction splits across utility, community, and sentiment-led assets. BlockDAG currently sits within a more active participation cycle compared to its peers.
1. BlockDAG: Live Legacy Sale Drives Buyback Program Access Table of Contents
1. BlockDAG: Live Legacy Sale Drives Buyback Program Access2. Toncoin: Price Holds Near $2 Range Stability3. Shiba Inu: Market Driven by Social Sentiment4. Bonk Coin: Volatility Driven by Solana SentimentThe Bottomline The Legacy Sale is now live, allowing participants to access the Buyback Program through their dashboard after purchase by selecting “Sell Coins.”
There are two participation routes. Legacy Sale buyers can register their BDAG in the dashboard for the Buyback Program with no swap required. Existing holders may also participate by acquiring BDAG via BDAG SWAP at a discounted rate and sending tokens to the designated buyback wallet, subject to a daily submission cap per wallet.
Eligible BDAG submitted under the Buyback Program will be repurchased, with payments made in USDT to the registered wallet by November 1, 2026. Proof-of-funds wallets have also been added to the “Sell Your BDAG” page for added transparency.
The next big crypto discussion often centers on assets where timing and access shape participation more than passive holding. In this case, attention is focused on the narrowing buyback window and how quickly conditions are expected to change within a short timeframe.
Overall, BlockDAG is experiencing a moment where urgency is driven by a clearly defined buyback adjustment, making timing a critical variable for those engaging with the current participation opportunity.
2. Toncoin: Price Holds Near $2 Range Stability Toncoin is a blockchain asset within The Open Network ecosystem, primarily used for payments, staking, and network-based transactions. It has maintained steady visibility due to ongoing ecosystem activity and integration with messaging-based applications.
Price movements have reflected broader market conditions, with periods of volatility followed by consolidation rather than sustained directional trends. Toncoin is currently trading in the approximate range of $2.00–$2.10, based on recent market data, with intraday fluctuations across exchanges.
In broader discussions around the next big crypto, Toncoin is often referenced due to its established position among large-cap assets and consistent network usage. Its price behavior continues to be shaped by market sentiment and overall crypto cycle movements rather than isolated momentum shifts.
3. Shiba Inu: Market Driven by Social Sentiment Shiba Inu remains a widely recognized meme-based cryptocurrency, driven primarily by community participation, social sentiment, and periodic retail-driven interest. Within the next big crypto discussion, it is often referenced as an example of a sentiment-led asset that tends to move in short cycles rather than sustained trends.
Its ecosystem includes additional utility components, but price action continues to be influenced mainly by broader market mood and liquidity shifts across exchanges. Shiba Inu is currently trading around $0.0000055 USD, with minor fluctuations reflecting overall crypto market volatility. Despite cyclical movement patterns, it maintains consistent visibility due to its large holder base and active trading presence across major platforms.
4. Bonk Coin: Volatility Driven by Solana Sentiment Bonk Coin operates within the Solana ecosystem as a meme-driven token influenced heavily by community activity and broader network sentiment. Price action tends to respond quickly to shifts in liquidity and trading interest across the ecosystem.
Bonk Coin is currently trading around $0.0000055 USD, with short-term movement driven largely by speculative flows and overall market conditions. Within the next big crypto discussion, it is often referenced as part of Solana’s meme segment that experiences sharp but sentiment-led price cycles rather than steady directional trends.
Its behavior remains closely tied to retail engagement patterns, where momentum builds and fades in line with broader crypto market risk appetite.
The Bottomline Toncoin continues to trade near the $2 level as it tracks broader market cycles, while Shiba Inu remains around $0.0000055 with movement shaped by shifting sentiment. Bonk Coin also holds near $0.0000055, reflecting fast reactions to Solana-driven liquidity changes. These assets remain active, but their direction largely follows the overall market rhythm rather than setting it.
BlockDAG, however, is currently defined by timing sensitivity around its $0.001 buyback window, creating a clear focus on execution over waiting. At the same time, BDAG remains available at $0.00000044 with direct buyback program access and 30% off live swap access, adding another layer of participation interest.
This mix of structured timing and accessible entry points keeps BlockDAG in the next big crypto narrative as attention shifts toward assets where timing directly shapes opportunity. Momentum continues building as engagement tightens around its current window.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Toncoin (TON), the Telegram-native cryptocurrency, has seen its price decrease by 17% within the last 30 days. As a result, TON’s price fell below $5 before a slight bounce.
Despite this decline, the cryptocurrency’s price could be in line to recover some losses. This assertion is due to the change in sentiment of Toncoin short-term holders, which this on-chain analysis reveals.
Toncoin Holders Push for RecoveryWhile TON’s price might have fallen below $5, IntoTheBlock data shows that the token’s Coins Holding Time has increased. Within the last seven days, this metric, which measures the amount of time a cryptocurrency has been held without being sold, is up 142%
Typically, when the holding time decreases, short-term holders have lost confidence in a crypto’s potential. However, since it increased, it indicates that Toncoin short-term holders believe that a rebound could be close.
For that to happen, the token’s Coins Holding Time has to sustain this momentum. If that happens, then Toncoin’s price might not add to its month-long 17% decline.
Read more: What Are Telegram Bot Coins?
Toncoin Coins Holding Time. Source: IntoTheBlockAnother metric supporting this bias is the Large Holder Netflow to Exchange Ratio. This metric basically shows whether large holders of a cryptocurrency are sending more tokens to an exchange.
When the ratio rises, it indicates that these stakeholders are transferring more tokens to exchanges, often signaling an intent to sell. Conversely, a drop in the ratio suggests investors are holding back on selling as they avoid sending tokens to centralized platforms.
Therefore, the decline, as seen below, indicates that Toncoin whales have refrained from liquidating their assets. Should that remain the same, it could have a positive impact on TON’s price.
Toncoin Large Holders Netflow to Exchange Netflow Ratio. Source: IntoTheBlock TON Price Prediction: Rally to $6 BeginsFrom a technical point of view, Toncoin is witnessing a massive rise in the Money Flow Index (MFI). The MFI, as the name implies, refers to the rate at which liquidity is entering a cryptocurrency.
A higher MFI signals increased buying pressure, while a lower MFI points to rising selling pressure, often implying a potential price drop. For TON, with buying pressure currently elevated, this suggests the cryptocurrency could push beyond $5.22.
Leveraging the Fibonacci indicator—which identifies key support and resistance levels—a continued rise in buying pressure might drive Toncoin’s price up to $6.15.
Read more: 6 Best Toncoin (TON) Wallets in 2024
Toncoin Daily Analysis. Source: TradingView However, if Toncoin short-term holders opt to sell some assets, this upward trajectory could be disrupted, potentially causing the price to slide back to $4.46.
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With a Shiba Inu mascot and self-described rival Dogecoin, Floki is bucking recent market concerns with a boost in social media excitement and fascinating ecosystem growth. Although the larger bitcoin market is still erratic, Floki seems to be forging its own course driven by a dedicated online community and calculated development plans.
Floki TA Shows Bullish Pattern Technical analysts are noting a positive chart pattern developing around Floki. Renowned crypto analyst Jonathan Carter found an increasing triangular pattern, a technical signal sometimes before a price break.
This trend implies a possible increase in FLOKI’s value should it be able to surpass a critical resistance level at $0.000171. Furthermore, regular bounces back from the $0.00016500 barrier reveal great coin support, thereby providing some comfort to possible investors.
#FLOKI
The chart displays an ascending triangle, with strong support around $0.00016500💁♂️
The RSI indicates oversold, suggesting a rebound📊
If the price can hold this level, it could trigger a massive upward move🚀 pic.twitter.com/jSYNTnX7Nt
— Jonathan Carter (@JohncyCrypto) June 21, 2024
Charts only show Floki’s success. Social media interaction with the meme coin has exploded remarkably. Data shows over the past six months a startling 320% increase in social interactions and a 109% surge in social dominance.
This “share of voice” across channels like Twitter and Telegram points to a growing and very active community—a vital component for the long-term survival of any cryptocurrency.
Expanding Utility And Value Proposition Floki is not content to be only a viral meme coin, though. The project is actively building a strong ecosystem that raises its use-fulness and value proposition.
One major change is its arrival into the fast growing play-to– earn (P2E) gaming business with Valhalla, a metaverse project letting players earn FLOKI tokens through games. Blockchain technology used with gaming could attract new consumers and investors.
FLOKI is currently trading at $0.00017. Chart: TradingView Potential For Token Demand Floki also brings a unique trade bot for the BNB Chain network. This bot runs on FLOKI tokens and can generate token demand by means of its fee structure, which consists in buying back FLOKI on the open market. This initiates a feedback cycle that could benefit bot users as well as FLOKI holders.
Through joint ventures with websites like Inverse Finance and Venus Protocol, users can stake their FLOKI tokens and borrow other large cryptocurrencies. This feature appeals to a bigger audience and provides the token more worth.
Floki is running concentrated efforts in Turkey, Vietnam, and Nigeria among other countries and is getting ready for worldwide marketing. Working with sports teams like Cádiz CF can help to improve brand exposure and loyalty. These projects might considerably expand Floki’s scope and user base.
Featured image from X/@wowdogethedog, chart from TradingView
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
PANews reported on May 26th that, according to SoSoValue data, the cryptocurrency market saw mixed performance across sectors. The SocialFi sector rose 5.90% in the last 24 hours, with Toncoin (TON) surging 8.73% within the sector. The DePIN sector rose 2.99%, with Render (RENDER) up 9.24% and Grass (GRASS) up 13.67% within the sector.
In other sectors, the AI sector rose 0.06%, with Unibase (UB) rising 18.95%; the Layer 2 sector rose 0.06%, with Celestia (TIA) rising 11.44%.
In addition, the Layer 1 sector fell 0.28%, but NEAR Protocol (NEAR) rose 12.14%; the CeFi sector fell 0.35%, while Bitget Token (BGB) remained relatively strong, rising 0.71%; the Meme sector fell 1.23%, while MemeCore (M) bucked the trend, rising 3.63%; the PayFi sector fell 1.26%, while Ultima (ULTIMA) rose 1.59% intraday; the DeFi sector fell 2.22%, with Hyperliquid (HYPE) hitting a new high before pulling back 3.28%, falling below $60.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
4 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
4 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
4 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
4 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
4 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
