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Public Keys: Circle Keeps Surging, GameStop's Bitcoin 'Black Box', Ethereum Treasury Tanks
Circle’s stock soared again while GameStop shares swooned—but SharpLink Gaming’s fall takes the cake on a busy week.

Decrypt 2025-06-14 00:58
Dogecoin (DOGE) Market Shows Weakening Support Amid Mixed Crypto Outlook for 2025
Dogecoin (DOGE), Pi Network, and Unstaked present contrasting trajectories in the evolving crypto landscape as June 2025 unfolds. While Dogecoin faces critical support challenges, Pi Network’s price forecast hinges on

CoinOtag 2025-06-14 00:58
Gotbit Collapse: $23M Wash-Trading Scheme Nets CEO Prison, SEC Civil Suit Imminent
Aleksei Andriunin, the founder and CEO of Gotbit Consulting, was sentenced to eight months in prison on Friday following a federal investigation into a multi-million-dollar wash trading operation. The 26-year-old, a dual citizen of Russia and Portugal, pleaded guilty earlier this year to wire fraud and conspiracy to commit market manipulation. Gotbit Ordered to Cease Operations After Fraud Conviction The sentencing took place in Boston, where U.S. District Court Judge Angel Kelley also ordered one year of supervised release for Andriunin. He was arrested in Portugal in October 2024 and extradited to the United States in February 2025 . Gotbit Consulting LLC, which was widely known in the crypto industry as a market maker, received five years of probation. The company was also ordered to forfeit approximately $23 million in seized cryptocurrency. As part of the sentence, the firm will cease operations. As a result of an #FBI Boston investigation, Gotbit Consulting, a financial services firm known in the crypto industry as a “market maker,” & its founder Aleksei Andriunin, of Russia & Portugal, were sentenced for market manipulation & fraud conspiracy. https://t.co/CNpz0BD4aE pic.twitter.com/jIFg1Z3nt6 — FBI Boston (@FBIBoston) June 13, 2025 Prosecutors said that between 2018 and 2024, Gotbit manipulated cryptocurrency trading volumes to give the appearance of active markets. The firm marketed these services to crypto companies seeking listings on major platforms, including CoinMarketCap and centralized exchanges. Gotbit founder was involved in “a wide-ranging conspiracy” to manipulate crypto markets on behalf of client companies. #CryptoFraud #Gotbit #USDOJ https://t.co/nP4lEodLky — Cryptonews.com (@cryptonews) November 1, 2024 In a 2019 interview, Andriunin openly described how he developed algorithms to carry out wash trades, essentially buying and selling the same asset to inflate volume and influence token listings. Court documents revealed that Gotbit’s team used multiple wallets to mask these trades on public blockchains, making detection more difficult. “Gotbit’s activities were designed to deceive both investors and market platforms by fabricating the appearance of active trading,” said U.S. Attorney Leah Foley. “This sentencing holds them accountable and sends a message to others in the industry.” Gotbit admitted to manipulating the token prices and volumes of several clients, including Robo Inu and Saitama, whose executives were charged in separate cases unsealed last year. Aleksei Andriunin, the founder of Gotbit, has been extradited to the United States, where he faces charges of market manipulation. #Gotbit #Fraud https://t.co/zEt7STILTA — Cryptonews.com (@cryptonews) February 27, 2025 The scheme allowed the firm to collect tens of millions of dollars in fees from crypto projects seeking attention and legitimacy. Executives from those companies face separate criminal charges unsealed last year. The Department of Justice named two other Gotbit executives, Fedor Kedrov and Qawi Jalili, in an October 2024 indictment . Both remain charged in the ongoing case. Gotbit Case Tied to Broader Wash Trading Crackdown The Gotbit case is the latest in a string of federal actions targeting wash trading in the crypto market. Following the criminal sentencing of Gotbit’s CEO and the firm’s shutdown, the U.S. Securities and Exchange Commission filed a civil suit against the company for violating securities laws. It’s the third major enforcement case against a crypto market maker in recent months, preceded by similar actions against MyTrade in October 2024 and CLS Global in April 2025. All three were uncovered through a sweeping undercover operation led by the FBI’s Boston Division. Acting special agent Kimberly Milka said the agency remains committed to “pursuing those who manipulate markets for profit.” Federal prosecutors charged 15 people and multiple firms , including Gotbit, ZM Quant, and CLS Global, with market manipulation in late 2024. SEC cracks down on UAE-based CLS Global for crypto wash trading, imposing $425K+ penalties and banning U.S. operations in market manipulation case. #CryptoRegulation #SEC https://t.co/eBMw9cROza — Cryptonews.com (@cryptonews) April 17, 2025 The crackdown resulted in four arrests, five plea deals, and over $25 million in crypto asset seizures. In April, CLS Global was fined over $428,000 and barred from operating in the U.S. for three years. Wash trading, where a trader buys and sells the same asset to inflate volume, remains a widespread issue. Chainalysis estimates at least $2.6 billion in wash-traded volume across the crypto market, with some studies suggesting the actual figure could be far higher. The post Gotbit Collapse: $23M Wash-Trading Scheme Nets CEO Prison, SEC Civil Suit Imminent appeared first on Cryptonews .

cryptonews 2025-06-14 00:57
Weekly Crypto Regulation News Roundup: U.S. Inches Toward Clarity, Congress Advances Bills, and Senators Target Stablecoins
A consequential week in U.S. crypto regulation brought both progress and political friction as lawmakers advanced long-discussed bills and regulators hinted at long-awaited flexibility. Meanwhile, concerns over stablecoin influence—from Meta to Trump-linked assets—continue to dominate headlines and hearings. From Capitol Hill to the SEC’s own headquarters , movement on crypto policy seems to be accelerating, even as tension remains high between innovation and oversight. Blockchain Clarity Act Gains Momentum One of the most widely welcomed developments this week was the inclusion of the Blockchain Regulatory Certainty Act (BRCA) within the broader CLARITY Act, a sweeping piece of legislation seeking to define the structure of U.S. digital asset markets. The Blockchain Regulatory Clarity Act (BRCA) has been included in the latest version of the CLARITY, prompting crypto groups to celebrate. #BRCA #CLARITYAct https://t.co/4JZejBoKb7 — Cryptonews.com (@cryptonews) June 9, 2025 The announcement was met with applause from a coalition of advocacy groups, including Coin Center, the DeFi Education Fund, Solana Policy Institute, and others. These organizations issued a joint statement celebrating the progress and expressing gratitude to Representatives French Hill, Bryan Steil, Tom Emmer, and Ritchie Torres for their bipartisan support. The BRCA is designed to offer a clearer regulatory framework for blockchain projects, particularly around the responsibilities of noncustodial software developers and network participants. For many in the industry, the incorporation of this bill into more comprehensive legislation is a welcome sign that U.S. lawmakers are finally listening to years of industry feedback. SEC Considers Innovation-Friendly Exemption Regulatory flexibility may also be on the horizon. At the final roundtable event in the SEC’s “Spring Sprint Toward Clarity” program, Commissioner Paul Atkins suggested that the agency is exploring a conditional exemption framework—dubbed the “innovation exemption”—that could allow blockchain projects to bring products to market without running afoul of outdated regulations. Atkins’ comments mark a departure from the previous hardline stance taken by former SEC Chair Gary Gensler. While details remain scarce, Atkins’ willingness to entertain such a framework indicates a potential shift in how the SEC balances investor protection with market development. If implemented, the exemption could allow both registered and unregistered firms to launch services faster, assuming they meet specified conditions. Stablecoins Under Fire: Meta, Trump, and USD1 While clarity progressed on some fronts, scrutiny intensified elsewhere, particularly over stablecoins. Senators Elizabeth Warren and Jeff Merkley issued a formal request to Binance and investment firm MGX, seeking detailed records of a $2 billion transaction involving the Trump-linked stablecoin USD1. Their inquiry focuses on potential political and financial conflicts of interest and is the latest in a string of investigations into stablecoin usage by both crypto-native and state-affiliated entities. Separately, Warren joined forces with Senator Richard Blumenthal to confront Meta CEO Mark Zuckerberg over his company’s renewed push into stablecoin infrastructure. In a letter sent this week, the senators labeled Meta’s ambitions a “threat,” demanding full transparency around its development efforts and future plans. The inquiry lands just as Congress prepares to debate stablecoin-specific legislation, and could influence how regulatory frameworks take shape for major tech firms looking to enter the payments market. Ripple Inches Toward Resolution Meanwhile, Ripple and the SEC may be nearing the end of their protracted legal battle. This week, both parties filed a joint request asking a federal court to dissolve the longstanding injunction against Ripple and release the $125 million civil penalty currently held in escrow. They proposed that $50 million go to the SEC, with the remaining $75 million returned to Ripple. This request follows a rejected settlement offer from last month and indicates that both sides are eager to reach a final resolution. The court’s upcoming decision could serve as a bellwether for future enforcement cases involving other crypto firms, especially those who, like Ripple, have operated in regulatory gray zones for years. Connecticut Moves to Block Bitcoin Investment At the state level, Connecticut lawmakers took a decisive step in the opposite direction of federal progress. A newly passed bill now bars state agencies from investing in digital assets, including Bitcoin. Connecticut passed a bill on Tuesday that prohibits the state from investing in digital assets and the creation of a strategic Bitcoin reserve. #BitcoinReserve #Connecticut #Bitcoin https://t.co/XLDEAOLHaE — Cryptonews.com (@cryptonews) June 11, 2025 The law also prohibits the state from creating a Bitcoin reserve and enforces stricter risk disclosures for crypto companies engaged in money transmission. Though passed without opposition, the bill reveals a cautious stance that contrasts with federal moves toward accommodation. As other states court blockchain investment, Connecticut is opting to retreat—a reminder that local politics still play a key role in shaping the future of digital finance in America. Final Thoughts Taken together, this week’s developments point to a new phase in U.S. crypto regulation—one defined by legislative momentum, regulatory introspection, and political oversight. As clarity around crypto regulation inches closer, so too does the battle over who gets to shape the future of digital money. While some push for frameworks that encourage innovation, others remain laser-focused on risk, control, and power. The post Weekly Crypto Regulation News Roundup: U.S. Inches Toward Clarity, Congress Advances Bills, and Senators Target Stablecoins appeared first on Cryptonews .

cryptonews 2025-06-14 00:52
Ether Price Near $2,100 Could Present Strategic Buying Opportunity Amid Rising Institutional Interest
Ether (ETH) price fluctuations and institutional interest signal a strategic buying opportunity around the $2,100 support level. Rising spot ETH ETF inflows and BlackRock’s significant accumulation highlight growing confidence among

CoinOtag 2025-06-14 00:51
Top 3 Cryptocurrency Options Under $0.20 Ready for a 10x Leap
Cryptocurrencies are known for their volatile markets and potential for massive gains. The search for the next big win often leads investors to low-cost options. This article explores three promising digital currencies, each priced under $0.20, that could be on the brink of a significant surge. Discover which coins might offer the next big opportunity in the crypto world. AB Token Snapshot: Past Surge and Key Price Levels Over the past month, AB token prices have surged with a noticeable increase of 36.76% in one week and a 60.85% rise for the month. During the last six months, the price skyrocketed dramatically by 15574.85%, reflecting strong market interest and increasing investor confidence. This robust price movement demonstrates a volatile yet upward trend that has attracted traders, with the token steadily gaining positive momentum. Historical performance indicates that despite significant fluctuations, the overall trend remains steeply upward, appealing to both profit-seeking traders and long-term investors. At the current stage, AB trades within the range of $0.0043 to $0.0116. Immediate resistance stands at $0.015, with a second resistance identified at $0.0223, while support is holding at $0.0004. Bulls seem to push the price upward, but indicators such as the awesome oscillator and momentum signal suggest the asset may be nearing an overbought area. With no clear long-term trend established, traders might consider buying on dips near support while planning to sell as the price approaches resistance. A stop-loss near lower support and profit targets at the first resistance could help manage risk in this dynamic market. JasmyCoin Analysis: Key Levels Amid Persistent Bear Market Recent behavior shows JasmyCoin marked price drops of 36.64% over the past month and 70.28% across the last six months. The price fluctuated between one and two cents before a brief spike near three cents, followed by a decline. A modest dip of 3.35 percent in the past week reinforces the ongoing downward trend. Technical indicators reveal negative oscillator values and decreasing momentum, highlighting a market dominated by sellers. This pattern reflects the challenges traders have faced, as recovery attempts have consistently fallen short, indicating a prolonged period of price erosion. Currently, JasmyCoin trades within a narrow range from $0.01 to $0.02, with immediate resistance at $0.02 and support at $0.01. A secondary resistance at three cents and support near $0.00338 create clear trading levels. Negative signals from the Awesome Oscillator and Momentum Indicator, coupled with an RSI just below 35, indicate bearish dominance. The lack of a clear upward trend suggests cautious buying interest. Traders might look to buy near the one cent support while monitoring the $0.02 zone for potential reversals or further declines. Careful stop-loss strategies are recommended until a solid trend shift occurs. Cronos Price Analysis: Struggles Continue Amid Bearish Trends Cronos has seen a steady decline over the last month and a significant drop over the past six months. Prices decreased by nearly 12% in the previous month and a staggering 48% over half a year. This decline suggests sustained selling pressure, with the coin struggling to attract buyers during a turbulent market. Trading indicators have consistently pointed downwards, underscoring the ongoing challenges faced by Cronos and the prevailing bearish sentiment that has hindered any recovery attempts. Current trading places Cronos between $0.09 and $0.12, with immediate support at $0.08 and resistance at $0.12. The second support and resistance levels are at $0.05 and $0.15, respectively. The RSI is at 38.54, indicating bearish control, and there is no clear upward trend in sight. Traders may look to test the support at $0.08 for possible rebounds, but a break could lead to further short-term selling. The $0.12 resistance is crucial to monitor, and range-bound strategies may be appropriate until a clearer trend emerges. Conclusion The potential for significant gains exists with AB , JASMY , and CRO . Each of these cryptocurrencies presents unique advantages and growth potential. By leveraging innovation and adoption, they are well-positioned for rapid appreciation. Investing in these options may yield substantial returns as they continue to build momentum. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Bitzo 2025-06-14 00:51
Trump Media’s registration statement to list Bitcoin ETF declared effective
More on Trump Media and Technology Group I'm Not Betting Against Trump: Initiating Trump Media With A Buy Trump Media & Technology: 'Strategic Bitcoin Reserve' Growth Likely A Distant Dream (Rating Upgrade) Trump Media & Technology Group: Bitcoin Is A Bad Idea Trump Media files S-1 to list Truth Social Bitcoin ETF on NYSE Arca SA analyst upgrades: NVDA, DJT, VKTX, BRK.A, BEAM

Seeking Alpha 2025-06-14 00:46
These 4 Altcoins Are Poised To Rise Even If the Broader Market Stalls
While the broader cryptocurrency market might be slowing down, there are specific altcoins showing promising signs of potential growth. This article highlights four standout digital assets that are positioned to gain value despite overall market conditions. Discover which coins could be set for a rise, offering unique opportunities for savvy investors. SUI Price Action: Analyzing Recent Trends and Current Dynamics In the past month, SUI recorded a sharp decline of approximately 25.42%, coupled with a six-month drop near 31.94%. This period highlighted significant downward pressure, with historical price movements showcasing both rapid recoveries and severe sell-offs. The momentum over the weeks was mixed, reflecting short-term upticks against a backdrop of overall weak performance. Notably, a 3.75% gain over the last week contrasts with the long-term bearish trend, indicating a phase of volatility that has tested both buyers and sellers. Currently, the price fluctuates between $2.77 and $4.01, with resistance levels identified at $4.77 and $6.01. Key support levels are found at $2.29 and $1.05. Current indicators reveal a bearish sentiment, with an Awesome Oscillator of -0.230 and a Momentum Indicator of -0.219, while the RSI is around 39.66. Although bulls have made some gains this week, the market sentiment remains predominantly bearish without a clear trend. Traders should monitor these levels for buying opportunities near support and consider profit-taking if resistance is breached, while acting cautiously in this volatile environment. Hyperliquid Shows Robust Growth and Bullish Potential Hyperliquid experienced substantial gains in recent periods, with a 16.05% increase over one week followed by a 52.88% rise in one month. Over the past six months, the coin advanced by 62.21%, showing vibrant investor interest and pronounced price expansion. Movements ranged from a low of $21.20 to a high near $42.08, reflecting dynamic market activity. These gains underline the asset’s evolving strength and momentum, highlighting consistent upward trends and bullish sentiment that encouraged traders to take strong positions. At present, Hyperliquid trades within a range between $21 and $42. The market has identified resistance at approximately $51 and support just under $10. A secondary target for upward movement exists near $72, suggesting additional gains may be possible if bulls can overcome current obstacles. Indicators like the Relative Strength Index near 63 show buying interest is sustained without reaching overbought territory. With technical signals favoring bulls while acknowledging potential pauses ahead, investors are closely monitoring these key levels. Strategies include entering near support to capture pullbacks and watching resistance for breakouts. Overall, the situation is balanced with bullish strength but still respects previous trading thresholds. SPX6900 Price Action Shows Promise Ahead of Bull Run SPX6900 recorded a one-week gain of 36.19%, a one-month rise of 78.41%, and an impressive 113.52% increase over six months. Price movements reflect a strong upward trend with rapid gains boosting investor confidence. Historical performance signals a coin that has steadily built momentum, achieving significant returns in a relatively short span. Investors have witnessed a clear surge that underscores robust market interest and notable price recovery during recent sessions, marking the coin as one to watch. Current trading sees SPX6900 priced between $0.58 and $1.31, with a key resistance level at $1.63 and a further barrier at $2.37. Support is clearly in place at $0.15, offering a potential entry point during market dips. Technical indicators reinforce short-term strength, while an RSI hints at nearing overbought territory. Bulls have taken charge, driving prices upward, though a distinct trend beyond the current range has yet to fully set in. Traders might consider watching for a break above $1.63 to target higher levels, while a retreat toward $0.15 would favor buyer accumulation. Pi Network Price Actions: Past Dips and Long-Term Rebound PI experienced a significant drop last month, losing over half its value at 55.35%, while the previous week saw a smaller decline of 10.86%. In contrast, the past six months showed a remarkable surge of 452.5%, marking a strong rebound following a challenging period. The figures highlight a short-term struggle with downward momentum, but the longer-term trend signifies a solid recovery. This progression suggests that recent price challenges may not overshadow the substantial appreciation driven by broader market forces. Currently, the coin trades within a narrow range of $0.2593 to $1.3582, with resistance at $2.06 and $3.16. Technical indicators are bearish, with the momentum and oscillators in negative territory and the RSI at 32.47. The trading outlook is cautious, as the lower range may act as support while resistance levels could hinder upward movement. Traders are advised to look for buying opportunities at support and monitor for a breakout above $2.06, although the lack of a clear upward trend suggests bears remain dominant for now. Conclusion SUI , HYPE , SPX , and PI are showing strong potential. Their unique features set them apart from other coins. These four have solid use cases and innovative technology. They can thrive even if the broader market remains flat. Investors may find these altcoins appealing due to their individual strengths. Their trajectory indicates a promising future. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Crypto Daily 2025-06-14 00:44
ETH price trend data suggests all future dips are for buying
Technical data and ETH accumulation trends suggest price dips in the $2,100 zone are strategic purchasing opportunities.

CoinTelegraph 2025-06-14 00:40
OpenAI sticks with Scale AI after Meta’s $29B investment
OpenAI says it will keep working with Scale AI even after Meta Platforms Inc. made its multibillion-dollar investment in the data-labeling firm. At the VivaTech conference in Paris on Friday, OpenAI’s chief financial officer, Sarah Friar, stressed the importance of keeping a wide range of partners. As mentioned in a Bloomberg report , she warned that shutting competitors out could slow down progress across the industry. “We don’t want to ice the ecosystem because acquisitions are going to happen,” Friar said. “If we ice each other out, I think we’re actually going to slow the pace of innovation.” OpenAI is the first of Scale AI’s major clients to speak up since Meta announced the deal on Thursday. Under the agreement, Meta will take a 49% stake in Scale, valuing the startup at more than $29 billion, according to a person familiar with the matter. Scale AI was set up in 2016 to supply cleaned and organized data that helps train artificial-intelligence systems. The company also creates custom AI tools for corporate and government customers. Proceeds from the new investment, Scale AI says, will go to its shareholders, speed up its research and development, and bolster service for existing clients. Meta will remain a minority owner of Scale’s shares. For Meta, this is one of its biggest outside investments. The move underscores the company’s effort to shore up its AI work after delays on a key new model. Scale AI sees leadership shuffle as Meta deepens ties The Wall Street Journal had reported earlier that Meta aimed to invest about $14 billion for a nearly half-stake in Scale AI. According to Scale, the partnership will widen their commercial ties and help roll out Scale’s data solutions more quickly. A Meta spokesperson added, “We will deepen the work we do together producing data for AI models, and Alexandr Wang will join Meta to work on our superintelligence efforts. We will share more about this effort and the great people joining this team in the coming weeks.” Despite moving to Meta, Scale’s founder, Alexandr Wang, will stay on the startup’s board. Jason Droege, who became Scale’s chief strategy officer in September, will serve as interim CEO. Based in San Francisco and now nine years old, Scale AI employs over 100,000 independent contractors worldwide. These workers tag images, craft sentences, and type out entire passages. Their efforts teach AI programs how to recognize objects, form thoughts, and generate human-like text. Scale AI counts OpenAI, Google, and Meta among its clients. It has also started offering software that lets businesses build their own AI tools, though that remains a smaller slice of its work. Before joining Scale, Jason Droege was a venture partner at Benchmark, an early-stage investment firm, and he co-founded Uber Eats, the ride-hailing giant’s food-delivery service. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

Cryptopolitan 2025-06-14 00:39
Ethereum Dips 9%, Yet BlackRock Bets $570M: $4K Rally Ahead?
Ethereum ($ETH) plunged 9% Friday morning, wiping out $298 million from 80,000 traders. While panic selling dominated, smart money was buying the dip under $2,500. The crypto followed the market-wide crash, nosediving from $2,771 to $2,443 before finding footing near $2,509. Trade war fears triggered the sell-off, but savvy investors viewed this as a discount window. Source: CoinGlass $35.22B Open Interest Explosion: BlackRock and Fresh Money Flood $ETH During Crash Despite the sell-off, open interest (OI) in Ethereum has increased to $35.22 billion over the past 24 hours . Major exchanges, including Chicago Mercantile Exchange (CME), Binance, Gate, and Bitget, are witnessing the highest activity, averaging $4 billion worth of $ETH exposure each. Source: CoinGlass Fresh capital is flowing into the market as open interest rises. This suggests that the trend could continue. More traders are opening or growing their positions. An Ethereum whale has just placed a substantial bet, taking a $16.6 million long position. This major move demonstrates strong bullish confidence in the altcoin, despite market fluctuations. Institutional investors continue to buy Ethereum aggressively during the slump. They’re not backing down. BlackRock, the world’s leading asset management firm with over $73 billion in cryptocurrency holdings, has maintained daily Ethereum purchases for over two weeks. JUST IN: BlackRock has been buying Ethereum every single day for the past two weeks They’ve now accumulated $570M worth of $ETH Smart money isn’t slowing down, they’re doubling down pic.twitter.com/POwikXTkHq — Jeremy (@Jeremyybtc) June 13, 2025 Over the past 14 days, the traditional finance giant has accumulated a total of $570 million in ETH. According to data tracked by Arkham Intelligence, BlackRock now controls over 1.5 million $ETH, valued at $3.83 billion at current market prices. Source: Arkham In a parallel move, SharpLink Gaming r ecently acquired 176,271 $ETH for $463 million , establishing itself as the largest publicly traded holder of Ethereum. Historic 29-Day Ethereum ETF Streak Breaks Records as DeFi Adoption Surges Ethereum spot ETFs have recorded positive inflows for 29 consecutive days , marking the first time such a sustained streak has occurred since their launch. With the SEC adopting a more favorable stance toward DeFi protocols and Ethereum serving as the primary infrastructure for decentralized finance applications, institutional adoption continues to accelerate. Ethereum’s supply on exchanges has dropped to its lowest level in eight years. This shortage could drive prices higher rapidly. Many crypto investors believe these factors set ETH up to break $4,000 by late 2025. CLS Global, a major market maker, is even more bullish. They’re eyeing $5,400 for Ethereum in the near term. $ETH /USD Analysis: Doubled from $1.4k to $2.8k in 2 months. What's next? Key points: – Strong momentum with weakening selling pressure – Local target: $5.4k possible continuation – Long-term view: Likely range-bound $2k-7k for next 2 years – Currently testing resistance at… pic.twitter.com/h8QBWqoUt4 — CLS GLOBAL (@CoinLiquidity) June 11, 2025 Their long-term projection anticipates $7,000 by 2027, representing a substantial upside from current levels. $2,500 Test: Make-or-Break Level Decides $ETH’s Next Move The Ethereum daily chart reveals that $ETH has been consolidating within a broad range between approximately $2,300 and $2,700, with current price action testing the lower boundary of this formation. A major breakout occurred in late 2024, when $ETH surged from around $1,800 to nearly $2,900 before entering the current sideways consolidation phase. The recent sell-off has pushed Ethereum back to test key support within this consolidation zone, specifically the $2,500-$2,550 area. Source: Jeolix on TradingView This level is key. If $ETH breaks below it decisively, the sideways trading could come to an end. The price may then fall toward $2,300 or even test the $2,000 support level. However, if the current support holds strong, Ethereum could bounce back. In such a situation, the next targets would be $2,700-$2,800, the middle or top of its recent range. The post Ethereum Dips 9%, Yet BlackRock Bets $570M: $4K Rally Ahead? appeared first on Cryptonews .

cryptonews 2025-06-14 00:38
Bitcoin Maximalists May Shift from BTC to XRP if XRP Hits New Highs, Expert Suggests
Crypto expert Vandell Aljarrah predicts a significant shift as Bitcoin maximalists may soon exchange their BTC holdings for XRP amid rising XRP prices. This forecast highlights the evolving dynamics within

CoinOtag 2025-06-14 00:38

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