BTC Struggling to Recover; Analytics Firm Flags Bearish Sentiment and Trader Impatience

Bitcoin (BTC) continues to struggle for direction amid mounting macroeconomic pressures and a notable deterioration in retail investor sentiment. The asset is hovering near $103,700 following a volatile 24-hour stretch, in which it briefly dropped below $103,400 before staging a modest recovery, according to CoinDesk Research’s technical analysis model. This price behavior reflects an uneasy…

Ethereum whales post strongest net buying since 2018

Key takeaways: Ethereum whales accumulated over 818,000 ETH ($2.5 billion) on Sunday, their biggest daily inflow since 2018. ETH price is consolidating inside a multimonth range, mirroring its 2017 breakout pattern. Analysts see a short-term ETH target at $4,000, with the potential for $10,000. One of Ethereum’s richest address cohorts is stacking Ether (ETH) at…

Garden Finance Laundered Lazarus Hack Funds

Blockchain sleuth ZachXBT has accused Garden Finance, which brands itself as “the fastest Bitcoin bridge,” of facilitating the laundering of funds linked to major crypto thefts, including the Bybit hack. In a June 21 post on X, ZachXBT claimed that over 80% of Garden’s recent fee revenue stemmed from illicit transactions allegedly tied to the…

Bitcoin should hold $100K as Q3 seasonality predicts sideways trading

Bitcoin may hold above $100,000 throughout summer, but seasonal trading data suggests minimal upside in Q3. Source link

CoinMarketCap Removes Malicious ‘Verify Wallet’ Popup

CoinMarketCap, a price-tracking website for cryptocurrencies, has reportedly removed a malicious popup notification on its website prompting users to verify their cryptocurrency wallets, according to a post on its official X account. “We’ve identified and removed the malicious code from our site,” CoinMarketCap said in a post on Friday. CoinMarketCap has not finished investigating the…

Nakamoto Holdings Raises $51.5M to Expand BTC Treasury

Bitcoin holding company Nakamoto Holdings, founded by US President Donald Trump’s crypto adviser, David Bailey, has secured $51.5 million in fresh capital through a private placement in public equity (PIPE) deal, according to a statement from merger partner KindlyMD. Bailey said that the new funds were raised in less than 72 hours, reflecting growing investor…

Crypto Cycle ‘Spookily Similar’ to 2017

The current crypto market is mirroring the pattern seen in 2017 when Bitcoin posted a steady uptrend throughout the year before skyrocketing in December, says crypto research platform Real Vision CEO Raoul Pal. “It’s spookily similar to 2017,” Pal said in a video on Thursday. Pal said he is starting to forecast a longer crypto…

Staked Ether Hits Record, Driven by Corporate Crypto Treasury Adoption

Despite another week of downside for the cryptocurrency market, the staked Ether supply reached a new all-time high, meaning over 28% of the token’s supply is now locked in exchange for passive income. A growing staked Ether (ETH) supply indicates that more investors are preparing to hold their tokens, instead of selling at current prices….

What Happened In Crypto Today

Today in crypto, Wyoming has selected Aptos and Sei for its state-backed stablecoin pilot program. TikTok has pushed back against allegations that it purchased hundreds of millions of dollars’ worth of President Donald Trump’s memecoin. Meanwhile, sentiment toward Bitcoin remains split as the broader crypto market continues to trade sideways. Wyoming stablecoin commission names Aptos…

Bitcoin Futures Turn Bearish Despite ETF Inflows

Key takeaways: The Bitcoin futures premium dropped to a 3-month low, even with prices just 8% below their all-time high. BTC options metrics turned bearish, despite stock market resilience amid macroeconomic pressure. Bitcoin (BTC) derivatives metrics are flirting with bearishness despite BTC price trading just 8% below its all-time high at $103,300. Cryptocurrency traders are…