crtypto & forex news

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...

Even after a lengthy period of downward price action, bringing Solana’s value to retest the $60 level, the network does not seem to be slowing down in any way. During this highly negative phase, the SOL network has persistently seen positive activity across its ecosystem, with some activity reaching unprecedented levels. Returning Users Fuel Solana’s Network Growth Solana network continues to demonstrate robust strength in the face of heightened volatility across the altcoin and the broader cryptocurrency market. Recent data shows that Solana is witnessing a significant growth in its network user base as the number of returning participants increases at an accelerated rate. Zensei unveiled this network growth on the X platform, which has notably captured the attention of the community, with many expressing optimism toward the altcoin. The development suggests that current users are also becoming more active throughout its expanding array of services and applications, in addition...

Vietnam is planning to require that all domestic crypto trading — including transactions in Bitcoin, Ethereum, and stablecoins like USDT and USDC — be settled in Vietnamese dong, a rule that would effectively bar dollar-paired trades on licensed platforms. All Eyes On Licensing The requirement came out of a conference held in Hanoi on Friday, where officials from the State Securities Commission, the State Bank of Vietnam , and the Ministry of Public Security gathered alongside banks, securities firms, and blockchain industry groups to discuss the country’s path toward formal crypto regulation . Officials said all trading would eventually have to go through licensed virtual asset service providers, though investors would still be allowed to keep assets in personal wallets. Foreign investors would be permitted to open accounts and take part in the market, while domestic participation would initially be limited to those already holding crypto assets. Bui Hoang Hai, vice chairma...

A wallet linked to one of Ethereum’s co-founders has moved more than $121 million worth of ETH for the first time in over three years, and it could not have come at a worse time for market sentiment. The transfer comes at a sensitive moment for ETH, which reacted by falling to a yearly low of $1,537 in the past 24 hours before recovering slightly back above $1,640 at the time of writing. Joseph Lubin-Linked Wallet Moves 80,001 ETH After Three Years Blockchain analytics platform Lookonchain flagged a notable transfer on June 6, noting that a wallet associated with Joseph Lubin, the co-founder of Ethereum and chief executive of Consensys, moved 80,001 ETH valued at $121.6 million following more than three years of complete dormancy.  Before Lookonchain highlighted the activity , the wallet held 243,300 ETH worth around $370 million. However, the movement did not stop with the initial 80,001 ETH transfer. Data from Arkham Intelligence shows that another 30,000 ETH was moved out ...

Arthur Hayes has disclosed the unwinding of his Worldcoin position just days after revealing a major rebalancing of Maelstrom’s portfolio. On Friday, June 5th, the BitMEX co-founder proclaimed that “the Holy Trinity is dead,” dumping his Zcash , Hyperliquid, and NEAR holdings while touting WLD’s prospects of outperforming. Hayes revealed the recently found Orchard Pool vulnerability as the rationale behind taking profit on Zcash. Meanwhile, the Maelstrom CIO had earlier sold off his entire HYPE and NEAR holdings, citing higher energy prices (due to the war in Iran), imminent US IPOs, and a rising anti-AI political stance. Was It All Hype? As Hayes dumped his Zcash positions, he announced his continued exposure to Worldcoin, citing his expectation that SpaceX’s IPO would catalyze WLD’s move higher. The crypto founder went on to say, “never bet against Elon,” as the price of Worldcoin remained fairly steady during Friday’s market st...