Bitcoin’s drop toward $100K caught many traders offgaurd

Key takeaways: Bitcoin (BTC) climbed toward $105,000 on June 6 after plunging to its lowest level in four weeks the previous day. Traders questioned whether the sharp decline had been coordinated, especially following reports that US President Trump and Chinese President Xi Jinping had resumed discussions over import tariffs. The reasons behind Bitcoin’s sudden drop…

BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, SUI, LINK

Key points: Bitcoin recovered sharply from $100,000 on June 6, but the bears are expected to pose a strong challenge at higher levels. Several altcoins held their respective support levels, signaling a possible consolidation in the near term. Bitcoin (BTC) made a brilliant comeback on June 6, rising above $105,000, indicating solid demand at lower…

BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, SUI, LINK

Key points: Bitcoin recovered sharply from $100,000 on June 6, but the bears are expected to pose a strong challenge at higher levels. Several altcoins held their respective support levels, signaling a possible consolidation in the near term. Bitcoin (BTC) made a brilliant comeback on June 6, rising above $105,000, indicating solid demand at lower…

How to Earn Passive Income with Peer-to-Peer Lending

Key takeaways P2P crypto lending lets you earn interest by lending digital assets directly to borrowers via CeFi or DeFi platforms. Smart contracts automate lending processes in DeFi, ensuring transparency, efficiency and algorithmic interest rates. Choosing the right platform requires evaluating factors like security, interest rates, loan terms and user experience. Risks include market volatility,…

Bitcoin ETFs Hit With $278 Outflows Amid Trump-Musk Feud

Bitcoin exchange-traded funds (ETFs) in the United States turned red amid worsening sentiment stemming from an ongoing feud between US President Donald Trump and billionaire Elon Musk. After a brief recovery on June 3-4, US spot Bitcoin (BTC) ETFs were again hit with outflows on June 5, totaling $278 million, according to SoSoValue data. The…

MAS Confirms Near-Ban on Foreign-Only Digital Token Services

The Monetary Authority of Singapore (MAS) has shed light on its Digital Token Service Providers (DTSPs) regime, following widespread panic in the industry over a potential ban on crypto firms serving overseas clients In a June 6 announcement, MAS reiterated that starting June 30, crypto firms “providing services solely to customers outside of Singapore relating…

Will Elon Musk’s Breakup with Trump Fuel Dogecoin’s Drop Below $0.10?

Key takeaways: Dogecoin dropped about 7% on June 6 as the public spat between President Trump and Elon Musk escalated. DOGE/USD bear flag hints at a potential 66% drop. Dogecoin’s (DOGE) price flipped bearish on June 5 after a public feud broke out between US President Donald Trump and his most celebrated backer, Elon Musk….

NEAR Protocol Surges 5% After Forming Bullish Support Pattern

Global markets are navigating heightened uncertainty following a public spat between U.S. President Donald Trump and Tesla CEO Elon Musk. NEAR Protocol has demonstrated resilience amid this volatility, recovering from a sharp 5.2% decline to establish support at $2.42. The recent price action shows promising signs of accumulation, with increasing volume on the second test…

Kraken warns ‘be careful who you trust’ at crypto events

Crypto conference attendees fail at “basic situational awareness” and security measures, opening themselves up to exploitation by bad actors hiding in the crowd at events, says crypto exchange Kraken. Kraken’s security team noted a “troubling trend” of laptops and phones owned by popular crypto protocols left unlocked and unguarded on tables at events — as…

Crypto prices crash as Trump-Musk feud intensifies: What next?

Key points: The total crypto market cap fell 2.30% to $3.21 trillion on June 6, fueled by the Trump-Musk feud. Over $980 million in crypto futures liquidated, with $874 million in longs reinforcing the intensity of the selling pressure. Total crypto market cap risks falling toward $2.9 trillion after breaking below a descending parallel channel….