Although current loss realization levels are enough to confirm deep bear conditions, they have not reached the intensity required to establish a definitive bottom. Following a wave of selling pressure that pulled bitcoin (BTC) below $60,000 two weeks ago, analysts have highlighted on-chain data that signals possible seller exhaustion, which is further substantiated by…
The CLARITY Act has advanced toward a potential July Senate vote, though negotiations over conflict-of-interest provisions continue to divide lawmakers. Summary David Nage says the CLARITY Act could reach a Senate floor vote in mid-to-late July if lawmakers resolve ethics provisions. Debate has shifted from stablecoin yield rules to conflict-of-interest restrictions for government officials. The…
“SHIB looks dangerously ignored at these levels,” one analyst stated. The meme coin sector, which was among crypto’s sensations during the last bull run, no longer shows the same strength or investor enthusiasm. Shiba Inu (SHIB) – one of the most recognizable tokens of that type – has crashed by roughly 65% over the…
The market for tokenized real-world assets has continued expanding rapidly, with Citigroup projecting the sector could reach as much as $8.2 trillion by 2030 under its bullish scenario. Summary Citigroup projects the tokenized asset market could reach $5.5 trillion in its base case and as much as $8.2 trillion by 2030. Token Terminal data shows…
“I think that it still looks good and I have a bag of it that I’m trading,” one popular analyst stated. Many leading altcoins are well in the green today (June 16), but Bittensor (TAO) has failed to follow the overall upswing, posting a substantial daily decline. Even so, several analysts think it could…
Bitcoin has fallen back toward $65,000 after renewed tensions involving Israel and Lebanon tempered optimism surrounding a potential U.S.-Iran agreement, while traders also reduced risk ahead of the Federal Reserve’s policy decision. Summary Bitcoin fell from $66.9K to $65.4K as renewed Israel-Lebanon tensions dented optimism around a potential U.S.-Iran agreement. Technical indicators remain cautiously bullish,…
Avalanche is currently facing heavy FUD as traders question its ability to maintain ecosystem momentum against competitors. Avalanche (AVAX) became one of the most discussed cryptocurrencies on Monday despite the broader market rally, as growing skepticism around the network fueled social media debates. According to Santiment, many users are questioning whether Avalanche can still…
Coinbase has unveiled an SEC-registered AI investment advisor alongside new trading products as the company has continued expanding beyond crypto in its push to become an “Everything Exchange.” Summary Coinbase unveiled an SEC-registered AI advisor that can help users manage portfolios through natural language commands. The exchange plans to launch stock options, crypto options, prediction…
In crypto news today (June 16), Bitcoin has surged above $66,000, continuing the bullish price action that began over the past weekend amid an incoming peace deal between the US and Iran, slowing ETF outflows, and the Bank of Japan raising interest rates. Liquidations have picked up, with over $536M over the past 24-hours and…
The sector’s losses have been broad-based, affecting both established names like Dogecoin as well as much newer entrants. Meme coins have been on a bad run since they peaked in 2024, with data from CryptoRank showing they’ve collectively lost more than $110 billion from then to now. According to the data, this year alone,…
