Author: John Smith
Bitcoin and most altcoins wavered on Thursday, June 12, as the recent rally took a breather. Bitcoin (BTC) dropped below $107,000, down from this week’s high of $110,200. Other altcoins like Ethereum (ETH), Cardano (ADA), and Chainlink (LINK) also retreated. This article explores the top five reasons why a crypto bull run may happen soon. 1. Bitcoin has strong technicals and fundamentals The first key reason for a potential crypto bull run is Bitcoin’s strong fundamentals. Demand continues to rise, with spot Bitcoin exchange-traded funds seeing significant inflows this year. Cumulative inflows since their launch in January last year have…
Trident Digital Tech Holdings saw its stock collapse nearly 40% in early trading Thursday, falling from around $0.45 in premarket to under $0.20, after the company announced a $500 million financing initiative to create a corporate XRP Treasury. The Singapore-based firm plans to acquire XRP (XRP) tokens as long-term reserves, use them in staking strategies to earn yield, and deepen engagement in the Ripple ecosystem. Trident also named Chaince Securities LLC as its strategic advisor for the effort. The initiative would be funded through equity issuance, structured financing, and strategic placements, the company said. Discussions are reportedly underway with crypto…
Maple Finance has partnered with Lido Finance to offer stablecoin credit lines backed by stETH, a liquid staking token representing staked ETH. The move will let institutions borrow stablecoins without unstaking their Ethereum (ETH), preserving exposure to Ethereum staking rewards while unlocking liquidity. The new offering, shared with crypto.news, is designed for institutional users seeking to optimize capital efficiency. Through Maple’s credit platform, borrowers can use stETH as collateral for underwritten stablecoin loans. The credit lines are designed to support use cases such as treasury management, conservative leverage strategies, and short-term working capital needs. Lower costs, easier access Lido’s stETH…
Outgoing Financial Stability Board Chair Klaas Knot has warned that crypto may pose a threat to global financial stability, citing growing connections between crypto and traditional finance. The FSB has long maintained that “crypto does not yet pose a systemic risk, but recent developments suggest we may be approaching a tipping point,” Knot said while speaking in Madrid on Thursday. He pointed to the role of stablecoins in linking the two financial systems. “Stablecoin issuers, for example, now hold substantial amounts of U.S. Treasuries. This is a segment we must monitor closely.” Retail traders access to crypto Knot also flagged…
On June 11, 2025, the May Consumer Price Index was released. Inflation is 2.4% (up 0.1%), which is below the predicted rate of 2.5%. Again, the U.S. officials are calling for interstate rates to be cut. How realistic is that call, and will crypto charts respond to May’s CPI? New data The Bureau of Labor Statistics reported a May CPI rate of 2.4%, 0.1 percentage points down from April’s 0.2% inflation growth. It reveals that inflation continues to grow, albeit at a slower pace. It is the lowest yearly growth since February 2021. Economists had predicted a 0.2% increase, so…
Dogwifhat has started to show signs of exhaustion after a strong rally, now trading below critical resistance and volume levels. Price action is beginning to suggest a deeper corrective move may be underway before any significant bullish reversal can materialize. After failing to break above a high-timeframe resistance zone, Dogwifhat (WIF) has begun to correct, signaling a potential rotation toward deeper support levels. The asset was rejected from the value area high, triggering a swing failure pattern. Price has since slipped below the point of control and the 0.618 Fibonacci retracement, both of which align with the weekly support/resistance flip…
Ant International is accelerating its global pivot with plans to apply for stablecoin licenses in Hong Kong, Singapore, and Luxembourg. Ant International — the global arm of Jack Ma-backed Ant Group Co., an affiliate of Alibaba Group and operator of the world’s largest digital payment platform Alipay — is preparing to apply for stablecoin licenses in Hong Kong, Singapore, and Luxembourg. The move is part of the fintech giant’s strategy to expand its blockchain-powered cross-border payments network, unidentified sources familiar with the matter told Bloomberg. A company spokesperson confirmed that Ant will seek a fiat-referenced stablecoin issuer license in Hong…
Binance is launching a retroactive airdrop for active BNB holders with no new activity needed. Binance has announced the 22nd project in its HODLers rewards program: the DeFi App (HOME). The airdrop will distribute 200 million HOME tokens to BNB holders who previously used Simple Earn or other on-chain yield programs. The airdrop is retroactive and applies to users who interacted with yield products on Binance between June 6 and June 9. Distribution begins on June 12, after which the token will transition from Binance Alpha to the main exchange. According to its developers, the HOME token, also known as…
Bitcoin has dominated headlines for years, smashing price records and cementing itself as a leading global asset. Yet barely anyone seems to be Googling it anymore. According to recent Google Trends data, global search interest for “Bitcoin” (BTC) has dropped to its lowest point in five years, even as the asset trades at an impressive $107,000, just shy of its all-time high. Historically, big price surges in Bitcoin have gone hand-in-hand with public curiosity, especially during headline-making rallies. But this time around, the internet seems unusually quiet, and there may be several reasons for it. Google Trends chart showing declining…
Tether Investments recently acquired 31.9% of Elemental shares from La Mancha investments in a private deal. Elemental is a gold mining firm listed in Canada. According to a recent press release, the investment arm of the stablecoin issuer acquired a substantial amount of Elemental Altus Royalties shares from La Mancha Investment. The agreement signed on June 10 revealed that the firm has acquired a total of 78.4 million shares belonging to the Canadian-based company. The investment is meant to expand on the firm’s real-world holdings, expanding on its gold-backed digital asset XAUT (XAUT). Elemental Altus Royalties offers Tether (USDT) exposure…