BTC News: Bitcoin Profit Taking Speeds Up Post Golden Cross, Hourly Cashouts Top $500M
Bitcoin holders are accelerating profit-taking after a golden cross signal, with hourly cashouts exceeding $500M, indicating strong selling pressure despite bullish long-term indicators.
Bitcoin Price Encounters Resistance — Traders Eye Breakout or Rejection
Bitcoin price faces resistance at $107,000 after recovering from a drop to $103,200. Traders watch for a breakout or rejection as BTC tests key levels amid market uncertainty.
Is $250K Bitcoin Possible This Year? This Research Chief Thinks So
Fundstrat’s Tom Lee predicts Bitcoin could reach $250,000 by 2025 due to limited supply and growing demand, with only 5% of coins left to mine and most people not owning any.
Stablecoins Ignite Record-Breaking May, Supply Jumps To $244B – Data
The article profiles Christian, a cryptocurrency journalist who balances his passion for crypto reporting with motorbikes and pets, highlighting his career journey and personal interests.
Riot Platform (RIOT) News: Hashrate Higher by 139% Year-Over-Year
Riot Platforms reported a 139% increase in Bitcoin mining output year-over-year, with 514 BTC mined in May. The company also expanded its hashrate and is diversifying into AI and HPC sectors.
Bitcoin ETFs navigate $1.2 billion US outflows amid European retail approval
US Bitcoin ETFs face $1.2B outflows as European retail investors gain access. BlackRock’s IBIT remains strong despite outflows, while Jacobi expands Bitcoin ETF access in Europe.
Matter of Time Before Altcoins Take Big Dive Against Bitcoin, According to Analyst Benjamin Cowen – The Daily Hodl
Analyst Benjamin Cowen predicts altcoins will soon plunge against Bitcoin, citing a prolonged downtrend and lack of market bottom in the TOTAL3 chart tracking non-Bitcoin/Ethereum assets.
XRP Could Transform Your Finances Long Before $10K, Angel Investor Says
Christian, a seasoned crypto journalist, shares his journey from traditional media to NewsBTC, where he simplifies complex crypto topics. He balances work with motorbikes, pets, and Filipino food.
Japanese Bitcoin Hoarder Metplanet Adds $115,600,000 Worth of BTC As Stock Surpasses 263% Gains on the Year – The Daily Hodl
Japanese firm Metaplanet acquires $115.6M in Bitcoin, totaling 8,888 BTC. CEO Simon Gerovich emphasizes aggressive accumulation, targeting 10,000 BTC by 2025. The firm’s stock has surged 263% this year.
Bitcoin Price Crash To $104,000: What You Need To Know In June
Crypto analyst Doctor Profit predicts Bitcoin’s next moves after a Golden Cross formation, dismissing bearish divergence concerns and highlighting historical rally patterns.
