Bitcoin’s recent flash crash amid Middle East tensions may set the stage for a significant rally, with historical data indicating a potential 64% upside. Despite trading near all-time highs, Bitcoin’s
CoinOtag 2025-06-13 22:44
Ether declined close to 15% in under 48 hours as the latest developments between Iran and Israel helped create widespread profit taking in risk assets.
Forbes Digital Assets 2025-06-13 22:42
Whales are buying up BTC during periods when retail traders express bearish sentiment. Institutions, whales and other large-scale buyers keep shaking down retail, taking signs from social media. Retail sentiment on BTC goes counter to the inflows of smart money. Based on Sentiment data, social media chatter often signals bearish attitudes among retail buyers. Santiment tracked messaging across X, Reddit, Telegram, 4Chan, BitcoinTalk, and Farcaster, seeking out the mention of extremely low predictions below $70K, as well as bullish predictions for a rally above $120K. According to Santiment, the peak signal arrived around the time of the April 8 price crash, where retail predicted a fall to $70K. Whales and institutions only accelerated their buying. Since May, BTC has also exhibited a signal of predominant market takers , indicating a domination of buying demand. For the second time since 2022 market takers have continued buying up coins during a rally, showing peak exuberance. Previous periods of market taker activity happened at lower price ranges, with more conservative accumulation. This time, buyers are still highly active near peak valuations. Most of the sellers originated from the wallet cohort that held for 3-6 months, based on the hodl waves indicator. Experienced traders often choose a dual strategy of holding and trading to accumulate more BTC. Overall, no holders are pressured to sell, as over 98% of addresses are in profit, and long-term accumulators and miners have a much lower average entry price. Whales still accumulate at any price range The latest episode of bearish predictions lasted from June 4 to June 6, when BTC fell to just above $101,000. During that time, bear-posting accelerated, predicting another dip to a lower range. Despite the temporary price drop, accumulation from whales and large-scale wallets did not skip a beat, with near-peak inflows . Even during the recent sideways trading around $104,000, crowd sentiment remains bearish, while smart money is bullish on BTC. $BTC Sentiment CROWD = Bearish 🟥 MP = Bullish 🟩 Check out sentiment and other crypto stats at https://t.co/HQDyBNuzek pic.twitter.com/aOm2ImXyvk — Market Prophit (@MarketProphit) June 13, 2025 Retail traders have often heard the adage of not selling their coins to whales, ETFs or institutions. However, the ability to realize profits at a higher price was appealing to retail and their share of holdings decreased. The ratio of retail to whale holdings has been sliding in most of 2025, from 2.1 points to 2.0 points. The ratio has been rising in all of the history of BTC, since institutions only arrived in the past two years. BTC retail holders gradually declined in 2025, with the balance shifting toward institutions and whale buyers. | Source: MacroMicro The addition of corporate treasuries further added buyers capable of mopping up all newly mined BTC. Institutions and buyers with borrowed funds can afford to risk even near the price top, while retailers are more wary due to crashes from the previous bull cycles. The current bull cycle also looks different, with a more gradual BTC price expansion. At the same time, the types of investors are shifting, and BTC continues to change hands. Retail traders are also wary of overall demand, as institutional buying and ETF demand have also reversed. During some of the rallies, whales also sold BTC for profit and re-bought lower. Profit-taking was only slower during the latest rally above $109,000. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Cryptopolitan 2025-06-13 22:41
VanEck was skeptical when micro-value companies, riding the bullish wind in the crypto market, announced that they would purchase hundreds of millions of dollars worth of cryptocurrencies. Many of these attempts could be scams aimed at “insider inflating” the market, said Matthew Sigel, head of digital assets at VanEck. Treasury plans have been floating around in recent weeks, particularly for popular altcoins like XRP and Solana (SOL), but these announcements have mostly come from companies with low market caps and no direct crypto-related affiliation. One recent example is Singapore-based Trident Digital Tech, which announced plans to raise “$500 million to build one of the world’s first large-scale institutional XRP treasuries.” However, at the time of the announcement, its stock was trading at less than $0.40 per share on Nasdaq and its market cap was just $16 million. VanEck’s Sigel says such attempts are often aimed at artificially inflating stock prices by misleading investors. “If the market cap is very low and there’s no new investor disclosure, I assume it’s a scam,” he said. Sigel also cited the example of a post he made on the X (formerly Twitter) platform last month, where a US company with a market cap of just $3 million and Chinese management announced that it would purchase $800 million worth of BTC and the TRUMP memecoin. That company was China-based clothing manufacturer Addentax Group Corp. The company’s shares are currently trading at $0.63. Related News: Analysis Company Shares 3 Bullish and 3 Bearish Altcoins Similarly, earlier this month, Nasdaq-listed education technology firm Classover Holdings Inc. said it wanted to set up a $500 million Solana treasury, despite having a market value of about $100 million. The company’s shares are trading below $4. VanEck officials and industry observers caution that such announcements should be approached with caution. *This is not investment advice. Continue Reading: Companies Announce Plans to Purchase Large Amounts of Solana and XRP: However, There Are Suspicions of a Major Scam
BitcoinSistemi 2025-06-13 22:41
BitcoinWorld Chinese Yuan: Unlocking Appreciation Potential After US China Trade Deal In the dynamic world of global finance, shifts in major currency pairs can send ripples far and wide, even impacting the often-disconnected realm of cryptocurrency. One such significant development attracting attention is the potential for the Chinese yuan to experience steady appreciation following a de-escalation in US-China trade tensions. For those navigating digital assets, understanding these macro-economic currents is key, as they can influence capital flows and investor sentiment. Understanding the US China Trade Deal and Its Impact on the Chinese Yuan For a considerable period, the trade dispute between the United States and China cast a long shadow over global markets. Tariffs, retaliatory measures, and uncertainty became the norm, creating significant pressure on the Chinese yuan (CNY). A weaker yuan was sometimes seen as a way for China to offset the impact of US tariffs, making its exports cheaper. However, recent developments suggesting a truce or a ‘Phase One’ trade deal have fundamentally altered this landscape. What does this mean? Reduced Uncertainty: A deal, even partial, removes a major source of market anxiety. This stability is generally positive for currencies. Improved Economic Outlook: Less trade friction can boost business confidence and economic activity in both countries, particularly China. A stronger economy typically supports a stronger currency. Capital Flows: Reduced risk and better economic prospects can attract foreign investment into China, increasing demand for the yuan. This shift from tension to tentative agreement is a primary driver behind the changing sentiment surrounding the Chinese yuan . Why We Might See Yuan Appreciation : Key Factors Several factors align to suggest a potential period of yuan appreciation . While no market movement is guaranteed, the conditions created by a trade truce are conducive to a stronger CNY. Key drivers include: Economic Fundamentals: China’s economy, while facing domestic challenges, benefits from reduced external pressure. Stronger export performance and potentially increased domestic consumption contribute to a positive economic backdrop. People’s Bank of China (PBoC) Stance: While the PBoC manages the yuan’s value, a trade truce reduces the perceived need for a weaker currency as a policy tool. The central bank may allow or even guide the yuan towards a stronger level to reflect improved fundamentals and manage inflation risks. Capital Inflows: As mentioned, stability and growth potential attract investment. Both portfolio investment (stocks, bonds) and foreign direct investment (FDI) can increase demand for the yuan. Global Risk Sentiment: A US-China truce improves global risk sentiment. In times of higher risk appetite, emerging market currencies like the yuan often perform better against safe-haven currencies like the US dollar. Consider the contrast: Factor During Trade Tensions After Trade Truce Economic Uncertainty High Reduced Capital Flows Potential Outflows/Hesitation Potential Inflows PBoC Policy Bias Toward Stability/Slight Weakness Toward Stability/Slight Strength Risk Sentiment Risk-Off Risk-On (Relative) This table illustrates the fundamental shift supporting yuan appreciation . Navigating the CNY Forecast : What Experts Say Predicting currency movements is complex, but a consensus among analysts often emerges based on prevailing conditions. Regarding the CNY forecast after a trade deal, many financial institutions and market strategists have revised their outlooks. Common themes in recent CNY forecast analyses include: Modest but Steady Appreciation: Few expect a rapid, dramatic surge, but rather a gradual strengthening against the US dollar. Target Ranges: Forecasts often provide target ranges, moving from levels around 7.00 CNY per USD towards levels like 6.90 or even 6.80 in the medium term. Dependency on Deal Implementation: The pace and extent of appreciation are heavily dependent on the actual implementation and durability of the trade agreement. External Factors: The global economic environment and the strength of the US dollar remain crucial external variables influencing the CNY forecast . Staying informed about these expert views provides valuable context for anyone monitoring global currency markets. Broader Forex Market Trends and the CNY’s Role The Chinese yuan does not operate in isolation. Its movements are part of larger Forex market trends . The US dollar’s strength or weakness, central bank policies in other major economies (like the Eurozone or Japan), and geopolitical events all play a role. A strengthening yuan can influence other Asian currencies and emerging market currencies. It can also impact the competitiveness of exports from various countries. For instance, if the yuan strengthens, it might make exports from countries with currencies pegged or closely linked to the dollar relatively more competitive compared to Chinese goods. Furthermore, the yuan’s increasing role in global trade and finance means its stability and direction are watched closely by central banks and investors worldwide. Its inclusion in the IMF’s Special Drawing Rights (SDR) basket highlights its growing importance in shaping Forex market trends . Challenges and Risks to Yuan Appreciation While the path seems set for potential appreciation, risks remain. No trend is without its challenges. Potential hurdles for sustained yuan appreciation include: Renewed Trade Tensions: Any breakdown in the trade agreement or escalation on new fronts could quickly reverse sentiment and put depreciation pressure back on the yuan. Domestic Economic Slowdown: China’s economy faces structural issues and potential slowdowns. If domestic growth falters significantly, it could outweigh the positive impact of the trade deal. Global Recession Risks: A global economic downturn would likely increase demand for safe-haven assets like the US dollar, putting pressure on emerging market currencies, including the yuan. Capital Controls: While capital flows are opening, China maintains some controls. Any tightening could affect the free movement of funds and influence the yuan’s value. Geopolitical Events: Unforeseen global events can always shift market focus and risk appetite. Monitoring these risks is essential for a balanced view of the CNY forecast . Implications for Crypto Investors How do movements in the Chinese yuan and broader Forex market trends connect with the world of cryptocurrency? The link is often indirect but significant. Historically, during periods of high uncertainty or capital control fears in China, some investors reportedly sought refuge or alternative investment avenues in cryptocurrencies like Bitcoin. A stronger, more stable yuan, coupled with reduced uncertainty from a trade deal, might theoretically reduce one specific driver for capital to flow *out* of traditional Chinese assets *into* crypto as a hedge against currency depreciation or capital controls. However, conversely, a more stable and potentially appreciating yuan could signal a healthier global economic environment and increased risk appetite, which can sometimes benefit riskier assets, including cryptocurrencies. Furthermore, increased foreign investment into China, facilitated by a stable yuan, could potentially free up domestic capital for diversification into other asset classes, including digital ones, within regulatory limits. The relationship is nuanced and not a simple one-to-one correlation. Crypto investors should view CNY movements as one piece of the larger global macro puzzle that influences overall market liquidity and sentiment. Actionable Insights for Monitoring the Chinese Yuan For investors, including those focused on crypto, keeping an eye on the Chinese yuan involves monitoring a few key areas: Trade Deal Updates: Follow news regarding the implementation and potential future phases of the US-China trade agreement. PBoC Commentary and Actions: Pay attention to statements from the People’s Bank of China regarding their currency policy and any interventions in the market. Economic Data from China: Key indicators like GDP growth, industrial production, retail sales, and trade balances provide insight into the health of the Chinese economy. Capital Flow Data: Reports on foreign investment into China can signal demand for the yuan. Global Dollar Strength: The performance of the US dollar against a basket of currencies remains a major factor influencing the CNY/USD pair. Integrating this information into your overall market analysis can provide a more complete picture. Conclusion The prospect of a steady Yuan appreciation following a US China trade deal marks a notable shift in the global economic landscape. After enduring periods of pressure, the Chinese yuan is now positioned to potentially strengthen, supported by reduced uncertainty, improved economic sentiment, and favorable capital flows. While challenges and risks persist, the prevailing conditions point towards a more stable and potentially stronger CNY. Understanding the drivers behind this potential appreciation and its place within broader Forex market trends is valuable for any investor. For the crypto community, while the link is indirect, these macro shifts contribute to the overall global liquidity and risk environment that ultimately impacts digital asset markets. Staying informed about the CNY forecast is just one way to gain a more comprehensive view of the forces shaping the financial world. To learn more about the latest Forex market trends, explore our article on key developments shaping the global currency landscape. To learn more about the latest Forex market trends, explore our article on key developments shaping the global currency landscape. This post Chinese Yuan: Unlocking Appreciation Potential After US China Trade Deal first appeared on BitcoinWorld and is written by Editorial Team
Bitcoin World 2025-06-13 22:40
Bitcoin’s flash crash could be followed by a 64% rally if historical data rings true again.
CoinTelegraph 2025-06-13 22:40
Avalanche (AVAX) experienced a significant price drop of nearly 14% following geopolitical tensions sparked by Israel’s strike on Iran, reflecting heightened market volatility and bearish technical trends. The broader altcoin
CoinOtag 2025-06-13 22:39
Investors moved to safe assets like the US dollar and gold, but bonds faltered
Blockworks 2025-06-13 22:32
On Friday, around 2 p.m. Eastern time, reports show that Iran has begun counterstrikes firing “hundreds” of ballistic missiles toward Israel. Wall Street Sinks as Israel-Iran Conflict Erupts in Missile Onslaught CNN reported that the Israeli military said it identified incoming missiles launched from Iran, and the news station heard the explosions in Tel Aviv
Bitcoin.com 2025-06-13 22:30
BitcoinWorld UBS Forex Strategy: Smart Move Recommended for EUR/NOK and EUR/SEK For many navigating the dynamic world of cryptocurrencies, understanding broader financial markets, like Forex, is becoming increasingly valuable. Just as technical analysis and global sentiment impact Bitcoin and altcoins, macro-economic shifts and central bank policies heavily influence traditional currency pairs. This is where insights from major financial institutions, such as UBS, can offer a wider perspective on capital flows and market expectations. Recently, UBS shared a notable UBS Forex Strategy regarding the Euro against the Norwegian Krone (EUR/NOK) and the Swedish Krona (EUR/SEK), recommending a tactical approach for traders seeking optimal positions. Understanding the UBS Forex Strategy What exactly is UBS suggesting, and why is it relevant? The core recommendation involves selling ‘upside’ in EUR/NOK and EUR/SEK. In trading terms, selling upside typically refers to selling call options or implementing strategies that profit if the currency pair either stays below a certain level or falls. Essentially, UBS analysts believe that the potential for significant appreciation (the Euro strengthening against the Krone and Krona) in these pairs is limited in the current environment. Instead, they anticipate conditions that could lead to lower levels, presenting more attractive opportunities to buy these pairs later at a better price. This strategy isn’t about predicting a massive crash, but rather identifying where the risk/reward is currently unfavorable for simply betting on higher prices. By selling upside, traders could potentially collect premium (if using options) or avoid losses if the pairs decline, positioning themselves to enter long positions (betting on the Euro strengthening) at potentially lower, more advantageous levels in the future. Why Focus on EUR/NOK and EUR/SEK Forecasts? Analyzing specific currency pairs like EUR/NOK and EUR/SEK requires looking at the economic fundamentals and central bank outlooks for the Eurozone, Norway, and Sweden. UBS’s view is likely based on a comparison of these factors: Eurozone (EUR): The European Central Bank (ECB) monetary policy, inflation outlook, and economic growth prospects. Norway (NOK): Heavily influenced by oil prices (Norway is a major oil exporter), Norges Bank monetary policy, and the health of the Norwegian economy. Higher oil prices typically support the NOK. Sweden (SEK): Influenced by the Riksbank (Sweden’s central bank) policy, inflation, and the Swedish economic situation, particularly its housing market and export sector. UBS’s EUR NOK Forecast and EUR SEK Forecast suggest that, relative to the Eurozone’s situation, factors specific to Norway and Sweden, or the global macro backdrop affecting them (like energy prices or risk sentiment), might limit the Euro’s strength or even favor the Krone and Krona in the short to medium term. This divergence in outlooks provides the basis for their tactical recommendation. Implementing a Forex Trading Strategy Based on UBS Insights For those considering a Forex Trading Strategy based on this insight, there are several potential approaches: Selling Call Options: Selling out-of-the-money call options on EUR/NOK and EUR/SEK allows traders to collect premium. This strategy profits if the pairs stay below the strike price by expiration or decline. It has limited profit potential (the premium received) but defines the risk. Avoiding Long Positions: If you were considering buying EUR/NOK or EUR/SEK, this recommendation suggests waiting for a potential dip to enter at a lower price. Considering Short Positions (with caution): More aggressive traders might consider tactical short positions, betting on a decline, but this carries higher risk than simply selling upside exposure. Using Structured Products: Some financial products are designed to implement similar views, offering exposure tailored to specific market outcomes. It’s crucial to remember that any trading strategy involves risk. UBS’s view is one perspective, and market conditions can change rapidly due to unexpected news or shifts in sentiment. Diversification and risk management are key. Beyond the Recommendation: Broader Currency Trading Trends This specific recommendation fits into the broader landscape of Currency Trading , which is constantly influenced by global events. Central banks worldwide are grappling with inflation, interest rates, and economic growth challenges. Geopolitical developments can trigger swift currency movements. Understanding these larger trends helps put specific calls, like the one from UBS on EUR/NOK and EUR/SEK, into context. For those primarily focused on crypto, observing these traditional market dynamics can offer valuable insights. For instance, shifts in global liquidity driven by central bank policies can indirectly affect the appetite for risk assets, including cryptocurrencies. Increased volatility in Forex markets might spill over into other asset classes as traders adjust positions. Conversely, stable periods in traditional finance might signal a different risk environment. Learning to read these signals provides a more holistic view of the financial ecosystem. Key Takeaways for Your Investment Strategy UBS’s recommendation on EUR/NOK and EUR/SEK highlights a tactical opportunity based on their market analysis. The key takeaways include: UBS sees limited upside potential in EUR/NOK and EUR/SEK currently. They recommend positioning to enter long positions at potentially lower levels in the future. This view is likely driven by specific economic and monetary policy factors in the Eurozone, Norway, and Sweden. Implementing this involves strategies like selling upside options or waiting for better entry points in the spot market. Understanding traditional market analysis provides valuable context, even for crypto investors. While this specific trade is in the Forex market, the underlying principle of analyzing market conditions to identify optimal entry and exit points is universal across all asset classes, including digital assets. Conclusion UBS’s tactical recommendation to sell upside in EUR/NOK and EUR/SEK for better entry points offers a glimpse into how major institutions approach currency markets. It underscores the importance of fundamental analysis and timing in trading. For anyone involved in financial markets, whether traditional Forex or the cutting-edge world of crypto, staying informed about diverse market perspectives and the factors driving them is crucial for making informed decisions and refining one’s own Investment Strategy . To learn more about the latest Forex market trends, explore our article on key developments shaping Currency Trading liquidity. This post UBS Forex Strategy: Smart Move Recommended for EUR/NOK and EUR/SEK first appeared on BitcoinWorld and is written by Editorial Team
Bitcoin World 2025-06-13 22:30
AVAX dropped almost 14% after Israel’s strike on Iran, more than most crypto assets, as bearish technicals prevailed. Altcoins have taken a beating after Israel’s attack on Iran stoked fears of a broader Middle Eastern conflict. On Friday, June 13, Avalanche (AVAX) dropped more than 14%, to a daily low of $18.53. The token later stabilized at around $19, but still posted a daily decline of 9.75%. Avalanche was just one of the altcoins that dropped as risk-off sentiment prevailed in the markets. Rising oil prices, which are fuelling inflation fears, are making traders flee to safe-haven assets. However, Avalanche’s declines were worse than the average, with just 23 out of the top 100 tokens seeing a worse drop. A part of the reason was weak technicals, especially a long-term bearish pattern that formed in 2024. AVAX price formed a double-top pattern at $55.20, and subsequently crashed below $15. This pattern suggests that the price will face significant resistance before it can regain its previous levels. AVAX price chart | Source: crypto.news What is more, AVAX is still trading within the bearish flag pattern, near the lower boundary of its rising channel. Its price is currently below all key simple and exponential moving averages, showing that momentum is not in its favor. What’s next for AVAX? Despite the bearish technicals, Avalache has seen some positive ecosystem news in the past few weeks, which signals a positive long-term outlook. For one, the network has hit a number of milestones when it comes to usage. The network hit an all-time high in gas usage, at 2.6 trillion, an ATH in daily transactions at 18.1 million, and a record number of transactions per second. This aligns with a broader trend of a steady increase in adoption. It also proves the network’s scalability and ability to process large volumes. Read more: Is the crypto bull run still possible after Israel bombed Iran?
crypto.news 2025-06-13 22:29
Gotbit forfeited $23 million in cryptocurrency after a guilty plea in the fraud case, with founder Aleksei Andriunin sentenced to prison.
Decrypt 2025-06-13 22:28
Whales scoop up Bitcoin while retail traders grow bearish
