crtypto & forex news

Market experts note that Bitcoin (BTC) is currently showing a strange mix of strength and weakness, with transaction activity climbing toward record levels even as its price continues to fall. At the moment, the market is under severe bearish pressure, yet on-chain data suggests a major shift could be underway. If this bullish trend continues, the key question remains whether it could help support a Bitcoin price recovery and prevent further downtrends. Bitcoin High Transaction Count To Hit Record Levels Soon Bitcoin is seeing an unusual spike in on-chain activity even as its price continues to bleed . Sharing a CryptoQuant chart showcasing the sharp spike, crypto analyst Darkfost highlighted that a historic change of hands is now playing out, with BTC transactions approaching an all-time high based on the 30-day Moving Average (MA). Darkfost noted that Bitcoin’s price decline has accelerated sharply in June, declining by roughly 19% just this week and adding further pressure ...

Sam Bankman-Fried says he would “absolutely” welcome a pardon from US President Donald Trump. Trump, for his part, has already said no. Cellmate Speaks Up Michael Avenatti, who shared a prison unit with the former FTX chief, went further than Trump’s January dismissal. In a series of posts on X, Avenatti said SBF never once admitted any wrongdoing during their time together — not privately, not in passing, not ever. “Not once did he admit he’d done anything wrong,” Avenatti wrote, adding that redemption begins with accepting responsibility. Without that, he argued, a pardon request carries no real weight. Avenatti is no neutral observer. He is himself a convicted felon, currently incarcerated for extortion and fraud. His criticism of SBF’s character comes from someone with his own considerable legal baggage. Sam Bankman-Fried and I were prison bunkmates and I know him well. So I read this with more context than most. Sam and I argued ...

Despite a brief bounce, Bitcoin is still struggling with heightened volatility, capping every upward attempt and keeping its price below the $65,000 mark. In this unfavorable market environment, the flagship asset may be entering a crucial phase as leverage steadily dries up across the market. Moderate Leverage Turning Up On The Bitcoin Market Bitcoin is seeing persistent bearish pressure, but a report shows that the market just made a major shift that could play a role in its short-term trajectory. As volatility builds, the BTC market seems to be moving into a lower-leverage phase as traders become more cautious and speculative excesses start to calm. A recent analysis of the Bitcoin Leverage Pressure Zone by Joao Wedson, the founder of Alphractal and verified author at CryptoQuant, shows that BTC has left the extreme leverage phase and moved into moderate and slight leverage. This implies that the risk of large-scale liquidations, which frequently accompany highly leveraged co...

BNB has already forced its way back into the upper end of the crypto market rankings by beating XRP in May, but the next question is much bigger than its battle with XRP.  A new analysis argues that the token can still reclaim its old high and push above $2,000, but any talk of a $10,000 to $20,000 BNB price requires a much larger crypto market than the one that exists today. The Math Behind BNB’s Push Above $10,000 Crypto Patel, a popular crypto analyst on X, published an interesting breakdown of BNB’s price ceiling this week, and the numbers are worth sitting with. BNB currently holds a market cap of about $80.6 billion, placing it at number four in global rankings, only behind Bitcoin, Ethereum, and USDT. Its all-time high of around $1,370 in October 2025 implies a market cap that reached somewhere near $185 billion at its peak.  Although the peak all-time high means BNB has managed to hold huge value before, getting to $10,000 per token is an entirely different scale...

Real Vision Chief Crypto Analyst Jamie Coutts says Bitcoin is moving into a more attractive long-term setup, but a major US Treasury refinancing wall may still stand between the market and a durable bullish reversal. In a post on X, Coutts said Bitcoin’s long-term technical backdrop is beginning to resemble the kind of structure that can precede a cycle bottom. “I’ll be the first to turn bullish on Bitcoin when the long-term technicals hit exhaustion and the trend turns,” he wrote. “I’ve argued Q2/Q3 would mark the bottom based on historical bear-market structures. Its playing out that way. The relative setup is approaching very attractive levels. The asset is in the long-term accumulation zone, imo.” US Debt Refinancing Wall May Pressure Bitcoin The issue, in Coutts’ view, is not simply Bitcoin’s chart. It is the macro plumbing around it. He pointed to 2027, when the US faces $3.67 trillion in coupon maturities, a figure he said is 36% above the 2020–2025 average. The ...

A viral claim is spreading across the crypto space, suggesting that Ethereum’s co-founder, Vitalik Buterin , had dumped a massive amount of ETH in a short period. The report has sparked fears of a major price decline, raising investor concerns. It also drew sharp reactions from ETH community members, as debate ignited over whether the sell-off move indicated deeper market weakness or misinformation. Ethereum Co-founder Dump Claims Shake The Market Crypto investors and traders were rattled this week after reports claimed Buterin had sold a large portion of his ETH holdings . Market watchers reacted to a widely circulated post, with images alleging that he had dumped 110,000 ETH, worth $170 million, in just a few hours on June 5.  The report also sparked intense concern, with one analyst arguing that if the creator of Ethereum was moving out of the market, investors should also consider doing the same. Another market participant, @CryptoNobler, compared the alleged 110,000 ETH sel...

On-chain data shows the new Bitcoin whales realized a massive amount of loss during the past week as BTC has gone through its drawdown. New Bitcoin Whales Have Harvested Massive Losses Recently As pointed out by CryptoQuant analyst Maartunn in a new post on X, New Whales on the Bitcoin blockchain have been participating in loss-taking recently. “Whales” are broadly defined as investors holding more than 1,000 BTC in their wallets, excluding entities such as miners and exchanges. Whales can be divided into two cohorts on the basis of holding time: New Whales and Old Whales . The former, also known as Short-Term Holder (STH) Whales, include all whale-sized addresses that purchased their coins within the past 155 days. Similarly, the Old or Long-Term Holder (LTH) Whales are made up of the large investors who have held past the five-month cutoff. Statistically, the longer an investor holds onto their coins, the less likely they are to sell them in the future. As such, the...