# COINTURK NEWS > Bitcoin, Blockchain and Cryptocurrency News and Analysis --- ## Pages - [Real-Time Crypto News Feed](https://en.coin-turk.com/real-time-crypto-news-feed/): Track real‑time Bitcoin, Ethereum & altcoin news 24/7. COINTURK’s live crypto feed pulls exchange data, whale moves & regulation alerts in seconds. - [](https://en.coin-turk.com/chainlink-link-live-price/): How much is 1 LINK worth right now? With this data page, you can find answers to questions like how... - [](https://en.coin-turk.com/cardano-ada-live-price/): How much is 1 ADA worth right now? With this data page, you can find answers to questions like how... - [](https://en.coin-turk.com/dogecoin-doge-live-price/): How much is 1 DOGE worth right now? With this data page, you can find answers to questions like how... - [](https://en.coin-turk.com/solana-sol-live-price/): How much is 1 SOL worth right now? 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Investor interest in... - [Crypto Turbulence Strikes Shiba Inu with a 12% Drop: Whale Investors Remain Unfazed](https://en.coin-turk.com/crypto-turbulence-strikes-shiba-inu-with-a-12-drop-whale-investors-remain-unfazed/): Shiba Inu's value dropped 12% due to geopolitical tensions and crypto market downturn. Despite declines, major investors maintain holdings, signaling... - [Bitcoin's Price Aspiration: Evaluations Drive Predictions](https://en.coin-turk.com/bitcoins-price-aspiration-evaluations-drive-predictions/): Market analysts employ models to forecast potential upper price levels for Bitcoin. Terminal Price and Delta Top models predict cycle... - [Ripple Integrates USDC Seamlessly into XRP Ledger](https://en.coin-turk.com/ripple-integrates-usdc-seamlessly-into-xrp-ledger/): Ripple integrates USDC into the XRP Ledger, enhancing XRPL's utility. This development boosts liquidity and simplifies various financial operations. Integrations... - [Crypto Markets Expect Gains as Economic Winds Shift](https://en.coin-turk.com/crypto-markets-expect-gains-as-economic-winds-shift/): Bitcoin and crypto assets are expected to rise in the latter half of 2025. David Duong highlights potential changes in... - [How A Turbulent Israel-Iran Incident Shakes Financial Markets](https://en.coin-turk.com/how-a-turbulent-israel-iran-incident-shakes-financial-markets/): Tunhan attack causes major fluctuations in financial markets. Investors reconsider digital asset security and regulation. Demand for crypto regulation expected... - [Uniswap's UNI Token Faces Dramatic Price Swings](https://en.coin-turk.com/uniswaps-uni-token-faces-dramatic-price-swings/): UNI token dropped 6. 36% due to geopolitical concerns and Trump's statements. The token experienced significant hourly fluctuations with high... - [Massive SOL Transfers Capture Crypto Community's Attention](https://en.coin-turk.com/massive-sol-transfers-capture-crypto-communitys-attention/): Substantial SOL transfers on Solana sparked crypto community interest. Anonymous wallet transactions renew transparency and security discussions. Observers closely watch... - [Watch XRP's Struggle to Maintain the $2 Mark in a Volatile Crypto Market](https://en.coin-turk.com/watch-xrps-struggle-to-maintain-the-2-mark-in-a-volatile-crypto-market/): XRP price has struggled amid significant market fluctuations. Whale sales contributed to downward price pressure on XRP. Technical analyses warn... - [Bitcoin ETFs Attract $1 Billion in Just Days](https://en.coin-turk.com/bitcoin-etfs-attract-1-billion-in-just-days/): Institutional Bitcoin ETF investments soared to $1 billion within days this week. BlackRock's IBIT product attracted substantial attention and secured... - [XRP’s SEC Drama Fuels Kaanch’s Rise: Grab This Altcoin Before BitMart Listing](https://en.coin-turk.com/xrps-sec-drama-fuels-kaanchs-rise-grab-this-altcoin-before-bitmart-listing/): Disclaimer: This article is a press release. COINTURK NEWS is not responsible for any damage or loss related to any... - [Ripple CEO Foresees XRP's Potential to Capture International Finance](https://en.coin-turk.com/ripple-ceo-foresees-xrps-potential-to-capture-international-finance/): XRP may capture 14% of SWIFT's international volume in the next five years. Ripple offers direct and simultaneous bank fund... - [Bitcoin Shoots Skyward: Analyst Sees Stratospheric Price Targets](https://en.coin-turk.com/bitcoin-shoots-skyward-analyst-sees-stratospheric-price-targets/): Kevin Svenson predicts Bitcoin could reach $142,500 by late 2024. The S&P 500's performance could positively influence Bitcoin's price. Svenson... - [Crypto Market Optimism Grows with New Developments in the US](https://en.coin-turk.com/crypto-market-optimism-grows-with-new-developments-in-the-us/): Coinbase expects a positive crypto market trend due to US economic growth. Public firms' leveraged Bitcoin strategies might pose systemic... - [Shiba Inu Leads Technological Innovation with New Developments](https://en.coin-turk.com/shiba-inu-leads-technological-innovation-with-new-developments/): Shiba Inu announces a strategic pivot with AI and new Layer-3 technology. Key developers highlight radical transformation beyond memecoin identity.... - [ETH’s Fuels Optimism, But a New Coin’s Presale Could 3000x Your Money](https://en.coin-turk.com/eths-fuels-optimism-but-a-new-coins-presale-could-3000x-your-money/): Disclaimer: This article is a press release. COINTURK NEWS is not responsible for any damage or loss related to any... - [SharpLink Gaming Faces Dramatic Stock Plunge Amid S-3 Filing](https://en.coin-turk.com/sharplink-gaming-faces-dramatic-stock-plunge-amid-s-3-filing/): SharpLink Gaming stocks plunged over 70% after filing an S-3 statement with the SEC. The filing involved selling approximately 59... - [Walmart and Amazon Launch Their Cryptocurrency Pursuit!](https://en.coin-turk.com/walmart-and-amazon-launch-their-cryptocurrency-pursuit/): Walmart and Amazon consider launching dollar-pegged stablecoins to optimize payments. Regulatory hurdles and legislation like the GENIUS Act pose challenges... - [BlackRock Focuses on XRP and Solana ETFs to Expand Its Market Dominance](https://en.coin-turk.com/blackrock-focuses-on-xrp-and-solana-etfs-to-expand-its-market-dominance/): BlackRock desires to launch XRP and Solana ETFs, facing legal clarity challenges. Regulatory uncertainties influence their ETF approval and potential... - [Bitcoin's Resilient Journey: From Market Slump to Optimistic Predictions](https://en.coin-turk.com/bitcoins-resilient-journey-from-market-slump-to-optimistic-predictions/): Bitcoin fell below $104,000 after geopolitical tensions impacted the market. Institutional demand continues as major firms add Bitcoin to their... - [Polkadot Community Proposes Ambitious Crypto Asset Strategy](https://en.coin-turk.com/polkadot-community-proposes-ambitious-crypto-asset-strategy/): The Polkadot community proposes converting 500,000 DOT into Bitcoin's tBTC. This conversion will utilize Hydration's "Rolling DCA" mechanism over a... - [Ripple's Strategic Moves Boost XRP Beyond Expectations](https://en.coin-turk.com/ripples-strategic-moves-boost-xrp-beyond-expectations/): Ripple releases 1 billion XRP monthly, primarily reinvested in escrow. Minimal XRP supports Ripple operations and On-Demand Liquidity platform. XRP... - [US Senate Sets the Stage with Historic GENIUS Act Vote](https://en.coin-turk.com/us-senate-sets-the-stage-with-historic-genius-act-vote/): US Senate to vote on impactful GENIUS Act for stablecoin regulation on June 17. GENIUS Act mandates full dollar backing... - [SEC Rethinks Crypto Rules, Shaking Up Regulatory Scene](https://en.coin-turk.com/sec-rethinks-crypto-rules-shaking-up-regulatory-scene/): The SEC retracted cryptocurrency and ESG rule proposals introduced under former chairman Gary Gensler. Withdrawn rules included the Expanded Custody... - [Bitcoin Surges Forward as a Dominant Asset](https://en.coin-turk.com/bitcoin-surges-forward-as-a-dominant-asset/): The article discusses Bitcoin's growing status as a mainstream macro asset. Novogratz emphasizes institutional interest and Bitcoin's potential to replace... - [The Decline in HMSTR Value Grips Cryptocurrency Enthusiasts](https://en.coin-turk.com/the-decline-in-hmstr-value-grips-cryptocurrency-enthusiasts/): Hamster Kombat's cryptocurrency HMSTR faced a sudden 17% loss in 24 hours. Major investors' massive sales contributed significantly to this... - [Judge Torres Likely Approves Ripple and SEC's Joint Request](https://en.coin-turk.com/judge-torres-likely-approves-ripple-and-secs-joint-request/): Ripple and SEC's joint request may soon receive Judge Torres's approval. Attorney Morgan believes this approval would speed up case... - [Military Actions Trigger Massive Cryptocurrency Market Crash](https://en.coin-turk.com/military-actions-trigger-massive-cryptocurrency-market-crash/): Israel’s military action led to a significant cryptocurrency market crash. Geopolitical tensions caused massive liquidations and market volatility. Investors shifted... - [Trident Commits to XRP Investment Worth $500 Million](https://en.coin-turk.com/trident-commits-to-xrp-investment-worth-500-million/): Trident aims to invest $500 million in creating an XRP treasury. This step could boost XRP’s market value and corporate... - [Shiba Inu Introduces New Layer for Swift and Secure Projects](https://en.coin-turk.com/shiba-inu-introduces-new-layer-for-swift-and-secure-projects/): Shiba Inu announced the Shib Alpha Layer for customizable Shibarium rollups. Developers gain flexibility for NFT projects, gaming, and finance.... - [Circle's USDC Drives Major Surge on World Chain](https://en.coin-turk.com/circles-usdc-drives-major-surge-on-world-chain/): Circle's shares surged 10% after USDC integration with World Chain. USDC's direct presence on World Chain replaces previous bridge version.... - [Mercurity Fintech Boosts its Financial Strategy by Embracing Bitcoin](https://en.coin-turk.com/mercurity-fintech-boosts-its-financial-strategy-by-embracing-bitcoin/): Mercurity Fintech announces an $800 million fundraise for a Bitcoin reserve. The company aims to integrate digital assets into its... - [Crypto Markets Set for Bullish Outlook: Key Influences from Macro Trends and Regulations](https://en.coin-turk.com/crypto-markets-set-for-bullish-outlook-key-influences-from-macro-trends-and-regulations/): The report predicts crypto markets could see a positive outlook by late 2025. Macroeconomic improvements and potential rate cuts boost... - [DeFi Development Corp Expands Solana Portfolio with $5 Billion Investment](https://en.coin-turk.com/defi-development-corp-expands-solana-portfolio-with-5-billion-investment/): DeFi Development Corp announces $5 billion investment for Solana portfolio expansion. Investment to increase Solana market presence and boost DeFi... - [David Plouffe Highlights Crypto's Role in Political Campaigns](https://en.coin-turk.com/david-plouffe-highlights-cryptos-role-in-political-campaigns/): David Plouffe underscores crypto's growing importance in political campaigns. The 2024 elections highlight contrasting stances on cryptocurrency from Biden and... - [Litecoin Faces Bears as Technical Indicators Suggest Downtrend Continuation](https://en.coin-turk.com/litecoin-faces-bears-as-technical-indicators-suggest-downtrend-continuation/): Litecoin's price trend remains under bearish market pressure. Bollinger Band indicators suggest the possibility of further price declines. Historically, June... - [Bitcoin Creator Satoshi Nakamoto Holds Astonishing Wealth in Secret Wallet](https://en.coin-turk.com/bitcoin-creator-satoshi-nakamoto-holds-astonishing-wealth-in-secret-wallet/): Nakamoto has maintained 1. 096 million BTC, now worth $118 billion. Nakamoto's wealth remains untouched, sparking curiosity in the crypto... - [Dramatic ENA Price Drop Sparks Crypto Market Concerns](https://en.coin-turk.com/dramatic-ena-price-drop-sparks-crypto-market-concerns/): Ethena (ENA) dropped 10% due to large exchange transfers and market decline. Whale investors reduced ENA holdings, while smaller investors... - [Jamie Dimon Sounds the Alarm on U.S. Economic Challenges Ahead](https://en.coin-turk.com/jamie-dimon-sounds-the-alarm-on-u-s-economic-challenges-ahead/): The U. S. economy might face challenges as pandemic supports end, warns Jamie Dimon. A "soft landing" is difficult, with... - [Cardano ETF Approval Set at 75% as Grayscale Sparks Hope](https://en.coin-turk.com/cardano-etf-approval-set-at-75-as-grayscale-sparks-hope/): Bloomberg predicts a 75% chance of Cardano ETF approval. Cardano, Solana, and others may influence a new Altcoin ETF era.... - [Crypto Market Slides as SEC Delays Key ETF Filings](https://en.coin-turk.com/crypto-market-slides-as-sec-delays-key-etf-filings/): The cryptocurrency market experienced significant declines on June 12, 2025. SEC delays on ETF filings spurred the downturn in Solana... - [Binance CEO Richard Teng's Vision Alters Financial Paradigms](https://en.coin-turk.com/binance-ceo-richard-tengs-vision-alters-financial-paradigms/): Binance's CEO emphasizes the integration of cryptocurrencies into global finance. Institutional moves underscore the legitimacy of cryptocurrencies as an asset... - [Bitcoin Faces Intense Selling Pressure as Price Drops](https://en.coin-turk.com/bitcoin-faces-intense-selling-pressure-as-price-drops/): Bitcoin drops 2. 4% to 107,000 dollars due to technical and market factors. Failed attempts to surpass 110,000-dollar resistance intensified... - [The Next XRP? Institutional Investors Bet Big on this Layer 1 Before Q3 Listings](https://en.coin-turk.com/the-next-xrp-institutional-investors-bet-big-on-this-layer-1-before-q3-listings/): Disclaimer: This article is a press release. COINTURK NEWS is not responsible for any damage or loss related to any... - [Bitcoin Stuns Markets with Remarkable Growth in Recent Months](https://en.coin-turk.com/bitcoin-stuns-markets-with-remarkable-growth-in-recent-months/): Bitcoin drew attention with a strong 46. 32% surge in April and May. The Compound Annual Growth Rate (CAGR) rose... - [XRP Faces Volatility as Trade Tensions Impact Cryptocurrency Markets](https://en.coin-turk.com/xrp-faces-volatility-as-trade-tensions-impact-cryptocurrency-markets/): XRP price experienced a rise before falling due to trade tensions. Mild progress in U. S. -China talks positively influenced... - [Tether Takes Bold Step with Gold Mining Investment](https://en.coin-turk.com/tether-takes-bold-step-with-gold-mining-investment/): Tether acquires a 32% stake in Elemental Altus Royalties Corp. Investment in gold mining signifies diversification strategy. This move reflects... - [Moody's Harnesses Solana for Innovative Credit Rating Tokenization](https://en.coin-turk.com/moodys-harnesses-solana-for-innovative-credit-rating-tokenization/): Moody's experimented with tokenizing securities on Solana blockchain to digitalize credit ratings. The initiative highlights the adoption of blockchain technology... - [U.S. Justice Department Charges Russian Executive in Major Crypto Money Laundering Scheme](https://en.coin-turk.com/u-s-justice-department-charges-russian-executive-in-major-crypto-money-laundering-scheme/): U. S. DOJ accuses Russian crypto executive of $500M money laundering. Gugnin allegedly used Evita and stablecoins to bypass Russian... - [BlackRock Sets Sights on Becoming the Leading Crypto Asset Manager by 2030](https://en.coin-turk.com/blackrock-sets-sights-on-becoming-the-leading-crypto-asset-manager-by-2030/): Institutional acceptance of cryptocurrencies continues to grow, despite challenges. BlackRock targets becoming the largest crypto asset manager by 2030. Geopolitical... - [SEC Blocks DeFi Development Corp's Ambitious $1 Billion Solana Bid](https://en.coin-turk.com/sec-blocks-defi-development-corps-ambitious-1-billion-solana-bid/): The SEC denied DeFi Development Corp's $1 billion registration for Solana investment. Major document deficiencies, including missing Form 10-K reports,... - [Global Tensions Rock Cryptocurrency Markets](https://en.coin-turk.com/global-tensions-rock-cryptocurrency-markets/): Bitcoin fluctuates as global tensions influence investor behavior. US-China agreements and Middle Eastern tensions impact market trends. Key crypto developments... - [Altcoins Defy Turmoil to Indicate a Bold Bullish Shift!](https://en.coin-turk.com/altcoins-defy-turmoil-to-indicate-a-bold-bullish-shift/): Bitcoin faces a familiar decline amid geopolitical tensions, yet optimism persists. Ethereum's recent price surge rekindles hopes for a bullish... - [Stablecoins Drive Massive Potential in Global Cryptocurrency Markets](https://en.coin-turk.com/stablecoins-drive-massive-potential-in-global-cryptocurrency-markets/): Stablecoins are anticipated to reach a market value of 2 trillion by 2028. This growth indicates stronger liquidity and increased... - [GameStop Secures Funds for Bold Bitcoin Acquisition](https://en.coin-turk.com/gamestop-secures-funds-for-bold-bitcoin-acquisition/): GameStop plans to raise $1. 75 billion after acquiring Bitcoin recently. Speculations suggest funds will be directed towards further Bitcoin... - [Ripple Targets Bold Moves to Regain Momentum in Crypto Landscape](https://en.coin-turk.com/ripple-targets-bold-moves-to-regain-momentum-in-crypto-landscape/): XRP Coin aims to regain market traction after winning a long legal battle. Ripple targets a significant share of SWIFT's... - [Bitcoin Keeps Price Enthusiasts on Edge with Tension Rising](https://en.coin-turk.com/bitcoin-keeps-price-enthusiasts-on-edge-with-tension-rising/): Bitcoin drops to $107,320, sparking analyst predictions. Vital levels need holding for cryptocurrency stability. Stablecoin developments bring hope for a... - [Crypto Market Faces Volatility as Key Players Make Influential Moves](https://en.coin-turk.com/crypto-market-faces-volatility-as-key-players-make-influential-moves/): Bitcoin's decline triggers broader market losses in altcoins like AVAX and ADA. G7 summit could resolve tariff issues, influencing market... - [Crypto Prices Plunge as Geopolitical Tensions Escalate](https://en.coin-turk.com/crypto-prices-plunge-as-geopolitical-tensions-escalate/): Bitcoin price dropped nearly 2% amidst Middle Eastern tensions. Geopolitical events influenced oil prices, causing market fluctuations. Potential crypto market... - [Paul Tudor Jones Urges Caution as U.S. Faces Debt Crisis](https://en.coin-turk.com/paul-tudor-jones-urges-caution-as-u-s-faces-debt-crisis/): Paul Tudor Jones highlights financial constraints and debt issues in the U. S. Jones suggests Bitcoin and gold as essential... - [SEC's Paul Atkins Supports Direct Cryptocurrency Ownership](https://en.coin-turk.com/secs-paul-atkins-supports-direct-cryptocurrency-ownership/): Paul Atkins supports direct crypto asset custody as a fundamental blockchain feature. He criticizes previous SEC regulations for hindering tech... - [Stripe Expands Crypto Horizons with Bold Acquisitions](https://en.coin-turk.com/stripe-expands-crypto-horizons-with-bold-acquisitions/): Stripe acquires Privy and Bridge to integrate crypto solutions into payment systems. The acquisitions aim to enhance accessibility and streamline... - [Peter Schiff Admits Regret Over Missing Bitcoin Boom](https://en.coin-turk.com/peter-schiff-admits-regret-over-missing-bitcoin-boom/): Peter Schiff reflects regret over not investing in Bitcoin earlier. His traditional gold advocacy contrasts Bitcoin's growing acceptance. Schiff's stance... - [Morgan Stanley Predicts New Peaks for the S&P 500](https://en.coin-turk.com/morgan-stanley-predicts-new-peaks-for-the-sp-500/): Morgan Stanley predicts S&P 500 reaching record highs within the next 12 months. A 8% increase in the index by... - [US Accelerates Crypto Regulations in a Bid for Financial Security](https://en.coin-turk.com/us-accelerates-crypto-regulations-in-a-bid-for-financial-security/): US crypto regulations are advancing after prolonged delays. GENIUS Act mandates full backing of stablecoins with liquid assets. GENIUS and... - [Cryptocurrency Market Surges: Bitcoin Holds Steady as Ethereum Gains and Solana Awaits ETF Approval](https://en.coin-turk.com/cryptocurrency-market-surges-bitcoin-holds-steady-as-ethereum-gains-and-solana-awaits-etf-approval/): Bitcoin holds steady while Ethereum breaks critical levels, drawing increased investor interest. Solana pushes through volatility, boosting expectations with potential... - [Get Details on the US-China Agreement Shaping Crypto Trends](https://en.coin-turk.com/get-details-on-the-us-china-agreement-shaping-crypto-trends/): The US-China tariff talks influence the cryptocurrency market significantly. Anticipated agreements may reduce uncertainties and stabilize trends. Bitcoin aims for... - [Exciting Altcoin Developments Shake Up the Crypto Market](https://en.coin-turk.com/exciting-altcoin-developments-shake-up-the-crypto-market/): Coinbase announced the listing of three new altcoins. Immediate price increases were observed for CAKE, FARTCOIN, and SQD. New listings... - [Ethereum Prices Surge as Analysts Predict Breakthrough Targets](https://en.coin-turk.com/ethereum-prices-surge-as-analysts-predict-breakthrough-targets/): Altcoin investors keep a close watch on Ethereum's price charts. Analysts predict Ethereum's price targets due to market optimism. Positive... - [Trump Leads America to Vibrant Economic Growth](https://en.coin-turk.com/trump-leads-america-to-vibrant-economic-growth/): U. S. inflation drops, aided by federal interest rate policy. Trump sees economic success, aiming for sustained growth. Cryptocurrencies poised... - [Bitcoin Surges as Global Liquidity Rises](https://en.coin-turk.com/bitcoin-surges-as-global-liquidity-rises/): Investors had a challenging first half of the year with weak altcoin performance. Global liquidity and interest rate policies impact... - [XRP Rises as Ripple Announces New Developments](https://en.coin-turk.com/xrp-rises-as-ripple-announces-new-developments/): The SEC lawsuit resolution brings relief to XRP Coin investors. Ripple is expanding its ecosystem with new financial developments. XRP... - [Explore the Surging Momentum of XRP Amidst Potential ETF Approval](https://en.coin-turk.com/explore-the-surging-momentum-of-xrp-amidst-potential-etf-approval/): XRP Ledger payment transactions surged 1300% in 24 hours. The increase links with ETF approval probability at 87%. Experts warn... - [Ukrainian Parliament Tees Up Cryptocurrency Addition to National Reserves](https://en.coin-turk.com/ukrainian-parliament-tees-up-cryptocurrency-addition-to-national-reserves/): Ukraine's Parliament proposes including cryptocurrency in national reserves. The proposal aims to enhance digital economy growth and macroeconomic stability. It... - [Cryptocurrency Outlook: Will Inflation Stir or Stall Crypto Prices?](https://en.coin-turk.com/cryptocurrency-outlook-will-inflation-stir-or-stall-crypto-prices/): U. S. inflation and new tariffs could impact cryptocurrency prices. Core inflation held steady, opening possibilities for rate changes. Upcoming... - [Cryptocurrencies Rise as US-China Tensions Ease](https://en.coin-turk.com/cryptocurrencies-rise-as-us-china-tensions-ease/): US-China tensions over tariffs have eased, boosting Bitcoin prices. Ongoing negotiations yield positive updates, enhancing market confidence. Despite inflation risks,... - [Explore Opportunities in Crypto Beyond Bitcoin and Ethereum](https://en.coin-turk.com/explore-opportunities-in-crypto-beyond-bitcoin-and-ethereum/): Matt Hougan suggests diversifying crypto portfolios beyond major cryptocurrencies and applications. Circle's IPO and the exceptional growth in stablecoins highlight... - [Binance Offers Exclusive Chance to Earn RESOLV Coins](https://en.coin-turk.com/binance-offers-exclusive-chance-to-earn-resolv-coins/): Binance introduces RESOLV coin in HODLer Airdrops, boosting user engagement. RESOLV offers DeFi solutions with Ethereum and Bitcoin-backed stablecoin, USR.... - [Payoneer Expands FTX's Payout Reach: An Intriguing Development](https://en.coin-turk.com/payoneer-expands-ftxs-payout-reach-an-intriguing-development/): FTX partners with Payoneer to expand fund distribution globally. Users express disappointment over geographical exclusions in Payoneer plan. FTX clients... - [Altcoin ETFs Set to Reshape Cryptocurrency Market](https://en.coin-turk.com/altcoin-etfs-set-to-reshape-cryptocurrency-market/): Altcoin ETFs are likely to receive SEC approval due to high probabilities. Major institutions have submitted spot ETF filings for... - [See How Liquidation Waves Hit SUI Coin Hard!](https://en.coin-turk.com/see-how-liquidation-waves-hit-sui-coin-hard/): SUI coin drops 7. 07% over the past month, trading at $3. 72. Liquidation cluster identified, affecting long positions between... - [Cardano Faces Key Resistance Yet Eyes Potential Breakout](https://en.coin-turk.com/cardano-faces-key-resistance-yet-eyes-potential-breakout/): Cardano struggles to break $0. 85 despite surging volume and a potential Golden Cross. Participation drop and whale accumulation impact... - [Bitcoin Shatters Records and Eyes New Peaks with Strong Rally](https://en.coin-turk.com/bitcoin-shatters-records-and-eyes-new-peaks-with-strong-rally/): Bitcoin peaked at $111,861 on Bitcoin Pizza Day. Trading volume increased by over 100%, but technicals remain stable. Both whales... - [XRP Ledger Integrates Ethereum Smart Contracts for Expanded Capabilities](https://en.coin-turk.com/xrp-ledger-integrates-ethereum-smart-contracts-for-expanded-capabilities/): XRP Ledger develops an EVM-compatible side blockchain for smart contract integration. The side blockchain uses evmOS software, currently active on... - [Gold Prices Could Drive Investors Toward Altcoins](https://en.coin-turk.com/gold-prices-could-drive-investors-toward-altcoins/): Michaël van de Poppe predicts a possible correction in gold prices. This decline could redirect investors towards riskier assets, like... - [BlackRock's IBIT ETF Soars to New Heights in Record Time](https://en.coin-turk.com/blackrocks-ibit-etf-soars-to-new-heights-in-record-time/): IBIT ETF by BlackRock achieved a remarkable milestone in cryptocurrency investment. The fund's rapid growth outpaced traditional investment tools like... - [Ripple CEO Highlights Growing Interest in Stablecoins at XRPL Live Event](https://en.coin-turk.com/ripple-ceo-highlights-growing-interest-in-stablecoins-at-xrpl-live-event/): Brad Garlinghouse sees increased interest in the stablecoin market. Circle's IPO and U. S. regulation could boost blockchain sector confidence.... - [Michael Saylor Predicts Bitcoin's Price Surge](https://en.coin-turk.com/michael-saylor-predicts-bitcoins-price-surge/): Saylor predicts Bitcoin’s value will rise to $1 million. MicroStrategy develops innovative financial tools based on Bitcoin. Company attracts attention... - [US Inflation Rates Poised to Climb as Fed Watches Closely](https://en.coin-turk.com/us-inflation-rates-poised-to-climb-as-fed-watches-closely/): US inflation rates are projected to increase soon, impacting monetary policy. Core CPI could surge by 2. 9% by May... - [Bitcoin Defies Odds to Shatter Historical Price Records](https://en.coin-turk.com/bitcoin-defies-odds-to-shatter-historical-price-records/): Bitcoin sustained $100,000 trading for 30 days, reaching $111,980 at its peak. Institutional interest rises with legislative support and increased... - [Senator Lummis Pushes for Fairer Crypto Tax Regulations](https://en.coin-turk.com/senator-lummis-pushes-for-fairer-crypto-tax-regulations/): Lummis calls current crypto taxation rules unfair, targeting assets like Bitcoin. She urges simplification to reduce compliance costs and prevent... - [Bitcoin Surges with GameStop's Strategic BTC Acquisition](https://en.coin-turk.com/bitcoin-surges-with-gamestops-strategic-btc-acquisition/): Bitcoin is priced at $109,400 amid positive negotiations with China. GameStop announced the acquisition of 4,710 BTC as of June... - [Crypto Markets Brace for Impact as Global Tariff Concerns Intensify](https://en.coin-turk.com/crypto-markets-brace-for-impact-as-global-tariff-concerns-intensify/): Crypto investors face losses due to global tariff concerns. Positive developments in US-China trade talks may boost risk markets. Fed... - [Approval Sparks Excitement in Cryptocurrency Markets!](https://en.coin-turk.com/approval-sparks-excitement-in-cryptocurrency-markets/): Markets are eagerly awaiting possible altcoin ETF approvals in the coming weeks. Solana ETF approval is nearing, signaling progress for... - [Will Altcoins Soar as Bitcoin Dominance Declines?](https://en.coin-turk.com/will-altcoins-soar-as-bitcoin-dominance-declines/): Bitcoin's price is influenced by US-China negotiations and market dynamics. Analyst Poppe suggests potential altcoin growth as Bitcoin dominance declines.... - [The London Negotiations Melt National Ice, Impacting Global Crypto Markets](https://en.coin-turk.com/the-london-negotiations-melt-national-ice-impacting-global-crypto-markets/): Nations are negotiating to thaw icy relations for economic benefits. Global tariff discussions are critical for cryptocurrency investors. The World... - [Coinbase Announces Exciting Listing of HOME Token](https://en.coin-turk.com/coinbase-announces-exciting-listing-of-home-token/): Coinbase is listing the experimental HOME Token on the BASE network. The HOME Token saw a significant price increase exceeding... - [Ethereum Prices Surge with Bullish Predictions](https://en.coin-turk.com/ethereum-prices-surge-with-bullish-predictions/): Ethereum may soon surge to $10,000, analysts predict. Altcoins could see impressive gains following Ethereum's rise. Concrete steps from China... - [Watch Ethereum Bulls Eye Key Resistance Levels for a Breakthrough](https://en.coin-turk.com/watch-ethereum-bulls-eye-key-resistance-levels-for-a-breakthrough/): The ETHBTC chart is crucial for assessing altcoin opportunities. Bulls are pushing to break resistance levels for a potential ETH... --- # # Detailed Content ## Pages ### Real-Time Crypto News Feed > Track real‑time Bitcoin, Ethereum & altcoin news 24/7. COINTURK’s live crypto feed pulls exchange data, whale moves & regulation alerts in seconds. - Published: 2025-05-06 - Modified: 2025-05-06 - URL: https://en.coin-turk.com/real-time-crypto-news-feed/ --- ### - Published: 2024-09-10 - Modified: 2024-09-12 - URL: https://en.coin-turk.com/chainlink-link-live-price/ How much is 1 LINK worth right now? With this data page, you can find answers to questions like how much is 1 Chainlink today, what is the value of 1 Chainlink USD, and how much is 1 LINK in dollars? You can access live Chainlink prices and other information, including pairings like LINK/USD and LINK/EUR, as well as details like Chainlink volume and market capitalization with real-time updates. Currently, 1 Chainlink equals $ . You can exchange 1 Chainlink for $ . The price of Chainlink has changed by over the last 24 hours and is currently trading at . The 24-hour trading volume of Chainlink is , with a total market capitalization of . This data is updated in real-time, ensuring you always see the latest Chainlink prices. Chainlink (LINK) Price Chart What is Chainlink (LINK)? Chainlink, founded in 2017, can be described as a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events, and payment methods, providing the critical off-chain information needed for complex smart contracts to become the dominant form of digital agreement. The Chainlink Network is driven by a large open-source community of data providers, node operators, smart contract developers, researchers, security auditors, and more. The company is focused on ensuring decentralized participation for all node operators and users who wish to contribute to the network. Sergey Nazarov appears as the co-founder and CEO of Chainlink Labs. Nazarov graduated... --- ### - Published: 2024-09-10 - Modified: 2024-09-12 - URL: https://en.coin-turk.com/cardano-ada-live-price/ How much is 1 ADA worth right now? With this data page, you can find answers to questions like how much is 1 Cardano today, what is the value of 1 Cardano USD, and how much is 1 ADA in dollars? You can access live Cardano prices and other information, including pairings like ADA/USD and ADA/EUR, as well as details like Cardano volume and market capitalization with real-time updates. Currently, 1 Cardano equals $ . You can exchange 1 Cardano for $ . The price of Cardano has changed by over the last 24 hours and is currently trading at . The 24-hour trading volume of Cardano is , with a total market capitalization of . This data is updated in real-time, ensuring you always see the latest Cardano prices. Cardano (ADA) Price Chart What is Cardano (ADA)? Cardano (ADA) is a decentralized platform that enables complex programmable value transfers in a secure and scalable manner. Founded by Charles Hoskinson, the development of Cardano began in 2015, and it raised approximately $60 million in an ICO before being launched in 2017. Hoskinson is also one of the co-founders of Ethereum. The development team consists of a large global collective of expert engineers and researchers. Cardano’s protocol is composed of two layers: the settlement layer and the control layer. The settlement layer contains information related to accounts, while the control layer handles information related to identity, compliance, and blacklisting functionality. Cardano also offers a debit card and a dedicated wallet called... --- ### - Published: 2024-09-10 - Modified: 2024-09-12 - URL: https://en.coin-turk.com/dogecoin-doge-live-price/ How much is 1 DOGE worth right now? With this data page, you can find answers to questions like how much is 1 Dogecoin today, what is the value of 1 Dogecoin USD, and how much is 1 DOGE in dollars? You can access live Dogecoin prices and other information, including pairings like DOGE/USD and DOGE/EUR, as well as details like Dogecoin volume and market capitalization with real-time updates. Currently, 1 Dogecoin equals $ . You can exchange 1 Dogecoin for $ . The price of Dogecoin has changed by over the last 24 hours and is currently trading at . The 24-hour trading volume of Dogecoin is , with a total market capitalization of . This data is updated in real-time, ensuring you always see the latest Dogecoin prices. Dogecoin (DOGE) Price Chart What is Dogecoin (DOGE)? Dogecoin (DOGE), which was launched as a meme token, was introduced to users in 2013. Dogecoin uses Scrypt for its proof-of-work (PoW) mechanism, with block timings set at 1 minute. Additionally, the difficulty level is recalculated by the network every 4 minutes, and since the amount of Dogecoin that can be mined is unlimited, it differentiates itself from other cryptocurrencies that have a limited supply. While Dogecoin has a large following as a meme token, it made its real breakthrough after receiving support from figures like Elon Musk and Mark Cuban. The price of DOGE skyrocketed by 1000% in a short period, drawing significant attention. Currently, DOGE developers are working on expanding... --- ### - Published: 2024-09-10 - Modified: 2024-09-12 - URL: https://en.coin-turk.com/solana-sol-live-price/ How much is 1 SOL worth right now? With this data page, you can find answers to questions like how much is 1 Solana today, what is the value of 1 Solana USD, and how much is 1 SOL in dollars? You can access live Solana prices and other information, including pairings like SOL/USD and SOL/EUR, as well as details like Solana volume and market capitalization with real-time updates. Currently, 1 Solana equals $ . You can exchange 1 Solana for $ . The price of Solana has changed by over the last 24 hours and is currently trading at . The 24-hour trading volume of Solana is , with a total market capitalization of . This data is updated in real-time, ensuring you always see the latest Solana prices. Solana (SOL) Price Chart What is Solana (SOL)? Solana Coin can be recognized as the native token of Solana, a single-chain, delegated Proof-of-Stake protocol focused on solving the scalability problem, which is seen as one of the biggest issues in cryptocurrencies, without compromising decentralization or security. It is known that Solana was founded in late 2017 by former engineers from Qualcomm, Intel, and Dropbox. Solana (SOL) is a platform with the goal of supporting high-growth, high-frequency blockchain applications and democratizing the world’s financial systems. According to statements, Solana offers its users scalability, decentralization, and cost-effective applications. It is estimated that transaction costs on the network amount to $10 for 1 million transactions. You can find the latest news about Solana... --- ### - Published: 2024-09-06 - Modified: 2024-09-06 - URL: https://en.coin-turk.com/ripple-xrp-live-price/ How much is 1 XRP worth right now? With this data page, you can find answers to questions like how much is 1 Ripple today, what is the value of 1 Ripple USD, and how much is 1 XRP in dollars? You can access live Ripple prices and other information, including pairings like XRP/USD and XRP/EUR, as well as details like Ripple volume and market capitalization with real-time updates. Currently, 1 Ripple equals . You can exchange 1 Ripple for . The price of Ripple has changed by over the last 24 hours and is currently trading at . The 24-hour trading volume of Ripple is , with a total Market capitalization of . This data is updated in real-time, ensuring you always see the latest Ripple prices. Ripple (XRP) Price Chart What is Ripple (XRP)? Ripple, also known as XRP, is a cryptocurrency launched in 2013. It functions as a global payment network, designed to solve the issues faced by Bitcoin. Ripple focuses on facilitating payments between banks and customers, making international money transfers faster and more cost-effective. Unlike other cryptocurrencies, Ripple doesn't rely on mining. The XRP network operates with a fixed supply of 100,000,000,000 XRP tokens, and transaction fees result in token removal from circulation. Due to its company structure, Ripple is not fully decentralized, unlike many other cryptocurrencies. You can find the latest news about Ripple in the Ripple category. --- ### - Published: 2024-09-06 - Modified: 2024-09-06 - URL: https://en.coin-turk.com/bitcoin-btc-live-price/ How much is 1 BTC worth right now? With this data page, you can find answers to questions like how much is 1 Bitcoin today, what is the value of 1 Bitcoin USD, and how much is 1 BTC in dollars? You can access live Bitcoin prices and other information, including pairings like BTC/USD and BTC/EUR, as well as details like Bitcoin volume and market capitalization with real-time updates. Currently, 1 Bitcoin equals . You can exchange 1 Bitcoin for . The price of Bitcoin has changed by over the last 24 hours and is currently trading at . The 24-hour trading volume of Bitcoin is , with a total market capitalization of . This data is updated in real-time, ensuring you always see the latest Bitcoin prices. Bitcoin (BTC) Price Chart What is Bitcoin (BTC)? Bitcoin is a cryptocurrency launched in 2009 by an individual or group using the pseudonym Satoshi Nakamoto. The true identity of Satoshi Nakamoto remains unknown. Bitcoin's main feature is its decentralized system, enabled by blockchain technology. This system allows anyone to join the Bitcoin network and participate in mining. Despite its relatively short existence, millions of people around the world now use Bitcoin and other cryptocurrencies for various purposes. You can find the latest news about Bitcoin in the Bitcoin category. --- ### - Published: 2024-09-06 - Modified: 2024-09-06 - URL: https://en.coin-turk.com/ethereum-eth-live-price/ How much is 1 ETH worth right now? With this data page, you can find answers to questions like how much is 1 Ethereum today, what is the value of 1 Ethereum in USD, and how much is 1 ETH in dollars? You can access live Ethereum prices and other information, including pairings like ETH/USD and ETH/EUR, as well as details like Ethereum volume and market capitalization with real-time updates. Currently, 1 Ethereum equals . You can exchange 1 Ethereum for . The price of Ethereum has changed by over the last 24 hours and is currently trading at . The 24-hour trading volume of Ethereum is , with a total market capitalization of . This data is updated in real-time, ensuring you always see the latest Ethereum prices. Ethereum (ETH) Price Chart What is Ethereum (ETH)? Ethereum is a cryptocurrency launched in 2014, created by a young programmer named Vitalik Buterin. Before creating Ethereum, Vitalik was part of Bitcoin's core development team, but he left to develop Ethereum. The most significant innovation Ethereum brought after Bitcoin is the concept of smart contracts. Smart contract systems have introduced the concept of programmable money. Like Bitcoin, Ethereum operates on a decentralized, distributed database system, the Blockchain. Anyone can participate in votes on the Ethereum network, create their cryptocurrency (tokens), develop decentralized applications, and engage in Ethereum mining. Despite its relatively short existence, millions of people worldwide now use Ethereum and cryptocurrencies. You can find the latest news about Ethereum in the... --- ### Cookie Policy (EU) - Published: 2023-12-21 - Modified: 2023-12-25 - URL: https://en.coin-turk.com/cookie-policy-eu/ As one of the conditions of becoming a member of COINTURK or using COINTURK's services as a visitor (those who are not members but make limited use of coin-turk. com's services), some of your information is received, processed and stored by COINTURK. COINTURK protects your privacy within the framework of the following rules. 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From top companies like Google and Apple to tiny... 6 Articles Mobile Artificial Intelligence (AI) has been expanding with a rapid speed among many industries to automate processes. From fintech security to customer assistance, AI is transforming... 3 Articles Technology Modern technology has become a total phenomenon for civilization, the defining force of a new social order in which efficiency is no longer an option... Latest News edit Gadget Best Fujifilm Cameras for Every... --- ### Technology Home 4 - Published: 2022-02-26 - Modified: 2023-12-11 - URL: https://en.coin-turk.com/technology-home-4/ edit Tech News Bluetooth Technology Work in Tandem for Indoor Positioning System Connor 4 Min Read edit Gadget Seeking Suggestions Regarding Headsets for Conference Interpreters Connor 4 Min Read edit Gadget Best Fujifilm Cameras for Every Photographer8. 8 out of 10Good Value edit Gadget Portable Bluetooth Speakers That can Go Literally Anywhere Connor 4 Min Read edit Gadget Best Fujifilm Cameras for Every Photographer8. 8 out of 10Good Value Connor 4 Min Read - Sponsored - Tech News edit Tech News LinkedIn launches New Formats for Live Events Sponsored by Sponsored bySponsored by edit Samsung Galaxy S21 Colors: Every Shade Available Connor 4 Min Read edit The 4 Best Laptops in 2021 for Work, General Use Connor 4 Min Read edit Best beaches in the UK for the Perfect Sandy Getaway Sponsored by Sponsored bySponsored by Previous Next Editor's Pick edit Ways to Play Music Using Your Amazon Echo edit Apple’s iPhone 13: The Best Value Buy Among All iPhones edit Samsung Galaxy S21 Colors: Every Shade Available edit Bluetooth Technology Work in Tandem for Indoor Positioning System edit Are Smartwatches the Future of Wearable Devices? Watch It Now Playing 1/5 Windows 11 Review: Cool New Features, Still a Work in Progress Windows 11 Review: Cool New Features, Still a Work in Progress CNET Keanu Reeves and Carrie-Anne Moss on Making The Matrix... The Verge MacBook Pro with M1 Pro and M1 Max Review: Laptop of The Year The Verge Windows 11: An Overhaul in Progress The Verge Google Pixel... --- ### Technology Home 3 - Published: 2022-02-24 - Modified: 2023-12-11 - URL: https://en.coin-turk.com/technology-home-3/ edit Tech News Choose a Best Headphone for Make Your Life Brighter Want better photos than your phone can provide? We test and rate hundreds of phones and cameras each year, ranging from pocket-friendly shooters to high-end medium format systems. Here's everything... Connor 4 Min Read edit Gadget Best Fujifilm Cameras for Every Photographer If you’re just moving up into your first mirrorless camera from a smartphone, you’ll appreciate the X-T200‘s bright, responsive 3. 5-inch touchscreen. It allows shooters to quickly and easily access menus,... 8. 8 out of 10Good Value edit Tech News SW Tech Shows The Future of Next-Gen VR with Prototype Headset 4 Min Read edit Mobile How TikTok is Affecting Youth: Positive and Negative Effects 4 Min Read edit Gadget Top Rated Products in Wireless & Portable Bluetooth Speakers 4 Min Read edit Tech News Start a Digital Marketing Website for your Service 4 Min Read - Sponsored - Gadget edit Tech News LinkedIn launches New Formats for Live Events Connor 4 Min Read edit Ways to Play Music Using Your Amazon Echo December 8, 2021 edit SW Tech Shows The Future of Next-Gen VR with Prototype Headset December 8, 2021 edit Best beaches in the UK for the Perfect Sandy Getaway Sponsored by Sponsored bySponsored by Previous Next Mobile edit Tech News SW Tech Shows The Future of Next-Gen VR with Prototype Headset Connor 4 Min Read edit Future Changes Shape: Express Yourself with Galaxy Z Flip August 28, 2021 edit Best Fujifilm Cameras for... --- ### - Published: 2022-02-23 - Modified: 2025-05-22 - URL: https://en.coin-turk.com/ edit Technical Analysis Crypto Market Surge: Bitcoin and Altcoin Price Targets Soar! Fatih Uçar 28 dakika ago edit Bitcoin (BTC) Bitcoin Shatters Record: Experts Predict Explosive Price Movements and Altcoin Impact Fatih Uçar 1 saat ago edit Cryptocurrency News Cryptocurrencies Take Center Stage as U. S. Economic Data Surprises Ömer Ergin 3 saat ago Market State by Cryptorank Ripple (XRP) edit XRP Approaches Critical Juncture with Potential Price Volatility Ahead 8 saat ago edit Ripple’s RLUSD Stablecoin Seizes the European Market Opportunity 8 saat ago edit XRP Movement Captivates Markets with Surprising Twists 1 gün ago edit SEC Delays Decision on XRP ETF, But Hopes Remain High! 1 gün ago Latest Posts edit Cryptocurrency News Crypto Giants Build Strong Bridges with Traditional FinanceTokenization is essential for the global growth of cryptocurrency markets. Kraken is... Ömer Ergin 4 saat ago edit Coinbase A Hacker’s Bold Message Stirs Crypto Security ConcernsThe hacker sent an attention-grabbing onchain message to ZachXBT post-Coinbase theft. Assets... Ömer Ergin 5 saat ago edit Cryptocurrency News White House Advisor Sparks Major Stablecoin Market ShiftStablecoin law could significantly increase U. S. Treasury demand. Wide support signals less... Fatih Uçar 6 saat ago edit Ethereum (ETH) Explore Ethereum’s Dynamic Market Trends and Comparative Performance with BitcoinEthereum was valued at $2,511. 11 on May 21, 2025. Bitcoin achieved a... Ömer Ergin 6 saat ago edit Bitcoin (BTC) The Rise of Bitcoin: From Pizza to a Billion-Dollar PhenomenonBitcoin Pizza Day marks a key moment in Bitcoin’s commercial history. Bitcoin... 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Follow any categories you want to see in the Foxiz or when you’re browsing in the in Reading List /*! elementor - v3. 5. 5 - 03-02-2022 */ . elementor-widget-divider{--divider-border-style:none;--divider-border-width:1px;--divider-color:#2c2c2c;--divider-icon-size:20px;--divider-element-spacing:10px;--divider-pattern-height:24px;--divider-pattern-size:20px;--divider-pattern-url:none;--divider-pattern-repeat:repeat-x}. elementor-widget-divider . elementor-divider{display:-webkit-box;display:-ms-flexbox;display:flex}. elementor-widget-divider . elementor-divider__text{font-size:15px;line-height:1;max-width:95%}. elementor-widget-divider . elementor-divider__element{margin:0 var(--divider-element-spacing);-ms-flex-negative:0;flex-shrink:0}. elementor-widget-divider . elementor-icon{font-size:var(--divider-icon-size)}. elementor-widget-divider . elementor-divider-separator{display:-webkit-box;display:-ms-flexbox;display:flex;margin:0;direction:ltr}. elementor-widget-divider--view-line_icon . elementor-divider-separator,. elementor-widget-divider--view-line_text . elementor-divider-separator{-webkit-box-align:center;-ms-flex-align:center;align-items:center}. elementor-widget-divider--view-line_icon . elementor-divider-separator:after,. elementor-widget-divider--view-line_icon . elementor-divider-separator:before,. elementor-widget-divider--view-line_text . elementor-divider-separator:after,. elementor-widget-divider--view-line_text . elementor-divider-separator:before{display:block;content:"";border-bottom:0;-webkit-box-flex:1;-ms-flex-positive:1;flex-grow:1;border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}. elementor-widget-divider--element-align-left . elementor-divider . elementor-divider-separator>. elementor-divider__svg:first-of-type{-webkit-box-flex:0;-ms-flex-positive:0;flex-grow:0;-ms-flex-negative:100;flex-shrink:100}. elementor-widget-divider--element-align-left . elementor-divider-separator:before{content:none}. elementor-widget-divider--element-align-left . elementor-divider__element{margin-left:0}. elementor-widget-divider--element-align-right . elementor-divider . elementor-divider-separator>. elementor-divider__svg:last-of-type{-webkit-box-flex:0;-ms-flex-positive:0;flex-grow:0;-ms-flex-negative:100;flex-shrink:100}. elementor-widget-divider--element-align-right . elementor-divider-separator:after{content:none}. elementor-widget-divider--element-align-right . elementor-divider__element{margin-right:0}. elementor-widget-divider:not(. elementor-widget-divider--view-line_text):not(. elementor-widget-divider--view-line_icon) . elementor-divider-separator{border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}. elementor-widget-divider--separator-type-pattern{--divider-border-style:none}. elementor-widget-divider--separator-type-pattern. elementor-widget-divider--view-line . elementor-divider-separator,. elementor-widget-divider--separator-type-pattern:not(. elementor-widget-divider--view-line) . elementor-divider-separator:after,. elementor-widget-divider--separator-type-pattern:not(. elementor-widget-divider--view-line) . elementor-divider-separator:before,. elementor-widget-divider--separator-type-pattern:not . elementor-divider-separator{width:100%;min-height:var(--divider-pattern-height);-webkit-mask-size:var(--divider-pattern-size) 100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}. elementor-widget-divider--no-spacing{--divider-pattern-size:auto}. elementor-widget-divider--bg-round{--divider-pattern-repeat:round}. rtl . elementor-widget-divider . elementor-divider__text{direction:rtl} Tech News Tech News Branding Investment Appliance Marketing Technology Technology Electronics Computer Innovation Smartphone Gadgets Gadget Design Software Device Create --- ### My Bookmarks - Published: 2021-09-27 - Modified: 2023-12-11 - URL: https://en.coin-turk.com/my-bookmarks/ --- ### - Published: 2016-10-23 - Modified: 2024-01-29 - URL: https://en.coin-turk.com/about-us/ About Us Established in 2020, COINTURK NEWS (en. coin-turk. com) is the English version of COINTURK (coin-turk. com), which was originally founded in 2014. COINTURK NEWS provides the latest news, articles, reports, and research on Bitcoin, cryptocurrencies, and blockchain technologies. Beneficiary Blockchain Information Tech INC. Director Dr. Levent KURT Developers Yiğit DEMİREL Altar KILIÇASLAN Marketing Manager İlayda PEKER Graphic Design Yasemin SİMİT Jurisconsult ATTY. Onur ATAM E-mail contact@coin-turk. com Domain & Hosting Services Domain: İhs Telekom Hosting: Netinternet COINTURK (Turkish version) Crowned as the Premier Cryptocurrency News Platform in Turkey & Middle East at 2023 FinTech Awards! --- ### Contact - Published: 2012-11-03 - Modified: 2023-12-11 - URL: https://en.coin-turk.com/contact/ You can write us: contact@coin-turk. com --- --- ## Posts ### Shiba Inu Avoids Dogecoin's Shadow and Rises with Big Investor Moves - Published: 2025-06-14 - Modified: 2025-06-14 - URL: https://en.coin-turk.com/shiba-inu-avoids-dogecoins-shadow-and-rises-with-big-investor-moves/ - Categories: Shiba (SHIB) Santiment data suggests Shiba Inu's price might rise with increased wealthy investor activity. Historical large transactions often precede price peaks in the cryptocurrency market. Santiment warns of misleading direct cause-and-effect relationships in large whale trades. New data provided by market intelligence firm Santiment points to the possibility of a significant price increase for Shiba Inu (SHIB), following a surge in transactions by wealthy investors. Santiment's analyses suggest that large-volume transactions by major investors have historically preceded price peaks in the cryptocurrency markets. The prevalent belief on the platform is that significant transactions occurring before price peaks are an important indicator of potential sudden price increases. Meaning of Past Whale Activities Santiment noted that historically, substantial jumps in transactions over $100,000 could indicate upcoming price peaks shortly after. For instance, on December 13, 2017, when Bitcoin $'s price first reached around $20,000, a record-breaking 62,317 large transactions were detected on the same day. These transactions often signify the intent of large investors to realize profits. However, according to Santiment, not every large-volume investor activity is followed by price declines since major investors can make purchases during market pullbacks as well. Notably, after the market crash in May 2021, while small investors were apprehensive, data showed a sudden buying wave among large investors known as whales. Recent Whale Activity in Shiba Inu According to Santiment's analyses, SHIB is currently experiencing a price movement influenced by whale activity. Recent notable whale movements have also led to an increase in SHIB's market value. Reports indicate that on June 5, 2025, there were 527 large investor transactions, marking the highest level in the past five months. As stated, "the second largest meme coin in the cryptocurrency market, SHIB, may have... --- ### Solana's Price Resurgence: A Beacon of Market Recovery - Published: 2025-06-14 - Modified: 2025-06-14 - URL: https://en.coin-turk.com/solanas-price-resurgence-a-beacon-of-market-recovery/ - Categories: Solana (SOL) Solana's price drop links to geopolitical tensions and market panic. Technical formations suggest a potential price recovery. Investor interest in Solana might persist despite fluctuations. Today witnessed a remarkable fluctuation in the cryptocurrency markets, marked by a steep decline in Solana's price on June 13. Experts attribute this drop primarily to the panic induced by Israel's attack on Iran. Solana's price plummeted to $141. 56, touching its lowest point since June 5. The overall market volatility has intensified concerns among traders. Technical Analysis and Double-Bottom Pattern Emergence Technical analyses propose that Solana's pricing reflects a notable technical formation, suggesting the emergence of a double-bottom pattern. Commonly, this model indicates anticipation of recovery or an upward trend. Analysts perceive the present technical scenario as enhancing the likelihood of Solana $’s recovery in the upcoming period. Additionally, discussions include the potential bullish flag pattern that might reinforce an ascending trend. Investment Strategies and Possible Catalysts for Price Increase Despite the current drop in Solana's price, experts identify multiple reasons for potential recovery. The historical adaptability and rebound of Solana following similar market shocks is highlighted as the first reason. Secondly, expectations around Solana-based exchange-traded funds (ETFs) bring a positive sentiment among traders. The third reason is the upbeat signals from existing technical indicators. While traders proceed cautiously amidst recent developments, some market experts suggest that Solana might recover shortly. Certain analysts assert that such market fluctuations are short-lived, maintaining Solana's long-term growth prospects. The ongoing geopolitical events are noted to heighten general risk perceptions within crypto markets. A market analyst commented, “Solana's technical indicators and historical performance suggest potential recovery post such jolts. ” This highlights the... --- ### Crypto Turbulence Strikes Shiba Inu with a 12% Drop: Whale Investors Remain Unfazed - Published: 2025-06-14 - Modified: 2025-06-14 - URL: https://en.coin-turk.com/crypto-turbulence-strikes-shiba-inu-with-a-12-drop-whale-investors-remain-unfazed/ - Categories: Shiba (SHIB) Shiba Inu's value dropped 12% due to geopolitical tensions and crypto market downturn. Despite declines, major investors maintain holdings, signaling optimism in Shiba Inu. Rapid market changes highlight the importance of strategic and informed investment decisions. On June 13, the cryptocurrency market experienced a significant downturn, affecting Shiba Inu (SHIB) as well. The drop in major cryptocurrencies, particularly Bitcoin $ and Ethereum $, accelerated following rising tensions between Israel and Iran. Shiba Inu's value plummeted by 12% within a short time frame. This market movement led to an increase in trading volume on the platform, reaching $343 million. Overview of Crypto Market Dynamics Cryptocurrency markets often exhibit sensitivity during periods of political tension and uncertainty. The conflict between Israel and Iran on June 13 created a negative atmosphere throughout the market, impacting not just Shiba Inu, but other cryptocurrencies as well. The downward trend in major cryptocurrencies such as Bitcoin and Ethereum caused accelerated sell-offs in various altcoins, with Shiba Inu's decline standing out in particular. In times of volatility, investors generally tend to sell, but some major investors adopted different strategies. The surge in transaction volume highlighted intense market activity. Despite these developments, some investor groups were reported to view market downturns as opportunities. The Role of Major Investors and Platforms Despite the value loss in Shiba Inu, large-scale investors holding over $100,000 worth of SHIB continued to maintain their holdings. These investors remained optimistic despite short-term declines. A similar trend was observed in major cryptocurrency trading platforms like Binance. Certain investors on these platforms reportedly chose to retain their Shiba Inu assets. Such market changes are often shaped by platform users' strategies and risk perceptions. Binance officials: “Despite market volatility, some users prefer to... --- ### Bitcoin's Price Aspiration: Evaluations Drive Predictions - Published: 2025-06-14 - Modified: 2025-06-14 - URL: https://en.coin-turk.com/bitcoins-price-aspiration-evaluations-drive-predictions/ - Categories: Bitcoin (BTC) Market analysts employ models to forecast potential upper price levels for Bitcoin. Terminal Price and Delta Top models predict cycle peaks using on-chain data. Realistic forecasts and monitoring market dynamics aid strategic investment decisions. Bitcoin $ prices have been indicating a positive trend recently, prompting market analysts to bring various prediction models into consideration. Experts are utilizing a range of on-chain valuation models and cycle timing tools to determine reasonable price ranges. However, it is emphasized that forecasts should be backed by data-driven responses, as definite predictions can often be misleading. Price Prediction Models and Fundamentals Several models that have proven successful in the past are employed to forecast Bitcoin's price movements. Bitcoin Magazine Pro's free Price Prediction Tools are at the forefront of these models. The Top Cap model predicts potential upper limits by multiplying past average valuations by 35. Although this model has sometimes made inaccurate predictions in previous cycles, the Delta Top and Terminal Price models have provided more reasonable and consistent results. Particularly, the Terminal Price model, based on on-chain activities, has more realistically predicted cycle peaks, currently estimating a top around $221,000. The Delta Top model offers a more conservative prediction based on the difference between the total Bitcoin cost and realized valuations. This model anticipated a peak of approximately $80,000 to $100,000 in the previous cycle. Both models are widely evaluated among analysts, with the notion that as existing data can change constantly, model predictions should also be updated over time. Peak Prediction and the Role of Timing Another significant indicator, the MVRV ratio, provides insight into investor psychology by comparing Bitcoin's current market value with its realized value. Historically, MVRV has approached the level of 4 at... --- ### Ripple Integrates USDC Seamlessly into XRP Ledger - Published: 2025-06-14 - Modified: 2025-06-14 - URL: https://en.coin-turk.com/ripple-integrates-usdc-seamlessly-into-xrp-ledger/ - Categories: Ripple (XRP) Ripple integrates USDC into the XRP Ledger, enhancing XRPL's utility. This development boosts liquidity and simplifies various financial operations. Integrations like this could stabilize and diversify crypto asset markets. Ripple $ continues its efforts in the financial technology sector with a significant announcement, revealing the integration of Circle's stable cryptocurrency asset, USDC, directly into the XRP Ledger (XRPL) network. This development makes USDC natively available on the XRPL main network, allowing users to conduct USDC transactions directly on the XRP Ledger. Systematics and Governance of the XRPL Network Despite being commonly associated with Ripple, the XRPL network is actually governed by a global community of validators and developers. The network employs the Federated Consensus Protocol technology, where network participants, known as validators, reach a consensus on the validity and order of transactions every three to five seconds. This ensures that the network operates efficiently and reliably. The network's decentralized architecture permits the creation of decentralized finance (DeFi) applications, providing high transaction speed and low costs due to its technical infrastructure. These features enable diverse utilization of the XRPL network. Benefits and Industry Impacts of USDC Integration The integration of USDC into XRPL is expected to boost liquidity on the network. This could simplify operations in cross-border payments, remittances, and decentralized finance applications. According to market experts, this move could facilitate the more practical and swift use of crypto assets. Ripple officials emphasized the significance of USDC's native use on the XRPL main network for innovation. Market observers argue that this development could make XRPL more competitive compared to other DeFi platforms. Market Dynamics and Competition Circle's USDC currently holds approximately 25% of the total stable crypto asset market, ranking... --- ### Crypto Markets Expect Gains as Economic Winds Shift - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/crypto-markets-expect-gains-as-economic-winds-shift/ - Categories: Cryptocurrency News Bitcoin and crypto assets are expected to rise in the latter half of 2025. David Duong highlights potential changes in the U.S. bond market interest curve. Safe havens like gold and Bitcoin may gain prominence amid market fluctuations. Projections for the second half of 2025 anticipate a rise in Bitcoin $ and other cryptocurrency asset prices. This outlook is rooted in analyses by David Duong, Head of Global Research at Coinbase, who emphasizes the potential for growth within the U. S. economy alongside evolving macroeconomic conditions. While discussions of a possible recession were once more prominent, recent data suggest that such risks have diminished. Mid-Term Positive Outlook Continues David Duong predicts that the crypto markets might hit their lowest points in the first half of 2025, with expectations of new peaks in the latter half. The price movements seen in May were noted not to have altered the long-term target. The emergence of market-friendly policies in the American political sphere could heighten risk appetite, with a new legal budget package potentially taking effect by the end of summer. David Duong: “Just months ago, we predicted a crypto performance bottom in early 2025 with a resurgence later that year. Despite recent increases in Bitcoin prices, we maintain our forecast, believing the most severe macro-level challenges are behind us. ” Long-Term Risks and U. S. Bond Market Duong highlights potential major shifts in the interest curve of 10-30 year U. S. Treasury bonds due to the government's spending plans. May saw U. S. long-term borrowing costs reach their highest in two decades. Rising bond rates could elevate borrowing costs for businesses and consumers, potentially hindering economic growth. David Duong: “If long-term rates escalate too swiftly, we might see volatility in... --- ### How A Turbulent Israel-Iran Incident Shakes Financial Markets - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/how-a-turbulent-israel-iran-incident-shakes-financial-markets/ - Categories: Cryptocurrency News Tunhan attack causes major fluctuations in financial markets. Investors reconsider digital asset security and regulation. Demand for crypto regulation expected to rise following market instability. Following the recent Tunhan attack between Israel and Iran, significant fluctuations occurred in the financial markets. These developments have not only affected the cryptocurrency markets but also negatively impacted stocks and other financial products. The value of many financial commodities, particularly cryptocurrencies, took a serious dive within a short span. In light of these events, investors have reopened discussions on the security and regulation of digital assets. Sudden Decline in Cryptocurrency Markets After the Tunhan attack, a sharp drop was observed in many digital assets, primarily Bitcoin $. Not just Bitcoin, but other digital currencies also faced substantial declines. There is an emerging sentiment questioning the reliability of cryptocurrency markets as a safe haven. It is reported that investors are beginning to reassess the proportion of digital assets within their portfolios. Expert evaluations indicate that global political developments can lead to high volatility in digital assets. Conflicts, especially in the Middle East, can cause significant fluctuation in the crypto markets in a brief time. Investors are said to be taking these risks into account when making decisions. Investors' Concerns on Regulation and Security The sharp value losses in the market have brought the reconsideration of cryptocurrency regulation to the forefront. Many investors have voiced concerns about the security and legal regulations of digital assets. The measures to be taken by cryptocurrency platforms and regulatory bodies remain a subject of great curiosity. Some experts suggest that the current situation might lead to a short-term decline in interest in digital assets. However,... --- ### Uniswap's UNI Token Faces Dramatic Price Swings - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/uniswaps-uni-token-faces-dramatic-price-swings/ - Categories: Uniswap (UNI) UNI token dropped 6.36% due to geopolitical concerns and Trump's statements. The token experienced significant hourly fluctuations with high trading volumes. Investors are closely watching market support and resistance levels for guidance. Uniswap's UNI token experienced significant fluctuations over the last 24 hours. The token dropped by 6. 36%, bringing its price down to $7. 3864. This decline is believed to be influenced by recent statements from former US President Donald Trump and heightened geopolitical concerns. Throughout the day, the token's price showed a brief recovery before resuming its downward trajectory. Impact of Geopolitical Statements on the Market Donald Trump made strong warnings towards Iran in a recent post on the Truth Social platform. In his post, Trump emphasized that Iran had previously been granted opportunities for negotiations, and failure to utilize these could lead to serious consequences. He suggested that Iran faces the "risk of extinction" if it doesn't reach an agreement. Following these statements, a general sense of unease was observed in risk markets. Risky investment assets, including cryptocurrencies, faced strong selling pressure. Particularly, the UNI token, after showing some recovery, began to decline again due to these announcements. Technical Analysis Insights Examining the price movements, the UNI token experienced sharp hourly fluctuations. The token's price briefly plummeted by 12. 5%, dropping from $7. 90 to $6. 82. This decline was accompanied by high trading volume. Even though there was a 9. 5% rebound shortly afterward, the price faced renewed pressure. Technical indicators show that the price recovered in a "V" shape, from $7. 21 to $7. 35. Additionally, during 13:31–13:44 UTC, trading volume significantly increased, helping the price break through the $7. 30 resistance level. However, geopolitical pressures in... --- ### Massive SOL Transfers Capture Crypto Community's Attention - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/massive-sol-transfers-capture-crypto-communitys-attention/ - Categories: Altcoin News Substantial SOL transfers on Solana sparked crypto community interest. Anonymous wallet transactions renew transparency and security discussions. Observers closely watch potential market impact of large transfers. A substantial transfer of over 3. 9 million SOL on the Solana $ network has caught the intense interest of the cryptocurrency community. Unidentified wallets facilitated these large transfers, with a cumulative value approximately estimated at $560 million, based on current market prices. Notably, one of the largest single transfers involved 1. 75 million SOL, tracked by cryptocurrency monitoring platforms. Rising Transfer Volume Draws Spotlight in Crypto Markets The significant shifts on the Solana network have captivated many market observers and traders within the industry. It is speculated that whales, or large-scale portfolio holders, orchestrated the notable transfer of 1. 75 million SOL. Such activities often spark speculations about market movements, with experts suggesting these massive transactions sometimes precede price fluctuations. The fact that these transfers occur between anonymous wallets raises concerns among investors. When substantial sums of cryptocurrencies change hands anonymously, it invites various interpretations in the market. This development has rekindled discussions on transparency and security within the crypto space. Link Between Transfers and Whale Activities Experts indicate that the observed scale of these transactions typically points to institutional or whale involvement. The sudden execution of these transfers could reflect attempts by such significant players to mask their market strategies. Public blockchain data allows these transfers to be transparently tracked. Within the Solana community, debates continue over the implications of such large transfers. Some users argue that high-volume transactions might induce panic or excitement in the market. However, whether these transfers represent market trades or inter-protocol movements remains... --- ### Watch XRP's Struggle to Maintain the $2 Mark in a Volatile Crypto Market - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/watch-xrps-struggle-to-maintain-the-2-mark-in-a-volatile-crypto-market/ - Categories: Ripple (XRP) XRP price has struggled amid significant market fluctuations. Whale sales contributed to downward price pressure on XRP. Technical analyses warn of potential ongoing volatility for XRP. Recent fluctuations in the cryptocurrency market have brought significant changes to the price of XRP. Since April, XRP has been striving to uphold the $2 level as a psychological support. On June 13, while the market experienced a loss exceeding $1 billion due to liquidations, XRP managed to stabilize at $2. 14. Despite this, the downward trend observed in the short-term chart raises concerns. Broad Market Sell-Offs and Investor Behaviors A rapidly increasing selling pressure across the market has impacted the movements of many cryptocurrencies, including XRP. Notably, large investors, often referred to as 'whales,' reportedly sold 150 million XRP tokens, exerting downward pressure on the price. The volume of these sales prompted market participants to adopt a cautious approach. Despite this wave of sales, XRP’s ability to remain above the $2 support indicates some investors' resilience. However, the downward chart patterns evident in technical analyses suggest that maintaining this support might not be sustainable for long. Analysts continue to closely monitor XRP's movements. Technical Analysis and Uncertainties About Future Pricing The emerging downward formations in the 4-hour chart hint at potential ongoing downward movements in XRP's future price. Experts highlight the $2 level as a psychologically significant boundary. Should XRP fall below this support, a new wave of selling might be triggered. Among investors, there is a mixed sentiment regarding XRP under current conditions. While some users argue that the price may stabilize in the short term, technical indicators warn of prolonged volatility rather than stability. Following recent sales,... --- ### Bitcoin ETFs Attract $1 Billion in Just Days - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/bitcoin-etfs-attract-1-billion-in-just-days/ - Categories: Bitcoin News Institutional Bitcoin ETF investments soared to $1 billion within days this week. BlackRock's IBIT product attracted substantial attention and secured a major inflow share. Experts see sustained investor interest despite Bitcoin's price volatility. Investments in spot Bitcoin $ ETFs have surged dramatically this week. Reports indicate that the total net inflows into these products reached approximately $1 billion in the first four trading days of the week. Notably, BlackRock's IBIT product captured a significant portion of this influx, drawing considerable attention. Despite a downward trend in Bitcoin prices, institutional investors have maintained their interest in these products. Institutional Interest Stays Strong Despite Price Volatility Data reveals that institutional demand for spot Bitcoin ETFs remains lively, even as Bitcoin prices showed a downward trend during the week. Experts view this level of net inflow amidst persistent price volatility as a sign of long-term confidence in digital assets. This interest may stem from investors' desire to diversify their portfolios and bridge the gap between traditional financial products and cryptocurrency markets. Such capital flows into large-scale investment products are seen as tangible evidence of institutional demand for Bitcoin. The high net inflows suggest that positive market sentiment and the adoption process of digital assets continue. BlackRock IBIT Stands Out with Stellar Performance The remarkable net inflows for the week prominently featured BlackRock's IBIT product. It reportedly secured a substantial share of the total inflows, attracting more investment compared to other spot Bitcoin ETFs. Market observers note that IBIT reinforces its leadership position in the sector, placing pressure on its competitors. BlackRock's global financial market reputation and the trust it instills among investors are cited as factors behind IBIT's strong performance. The impressive increase in the product's... --- ### XRP’s SEC Drama Fuels Kaanch’s Rise: Grab This Altcoin Before BitMart Listing - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/xrps-sec-drama-fuels-kaanchs-rise-grab-this-altcoin-before-bitmart-listing/ - Categories: Sponsored Article Disclaimer: This article is a press release. COINTURK NEWS is not responsible for any damage or loss related to any product or service mentioned in this article. COINTURK NEWS recommends that readers carefully research the company mentioned in the article. The current regulatory issues of XRP with the SEC have caused investors to turn their attention to new blockchain projects with solid fundamentals and growth prospects. Cryptocurrency is changing hands at $2. 24 and has gained a measly 1. 47 percent in the last seven days, legal uncertainties surround the cryptocurrency and this puts a cap on its gains. In the meantime, a Layer 1 blockchain Kaanch Network is gathering serious momentum with its sophisticated infrastructure and presale, making it an interesting alternative to investors wanting to get high returns prior to its listing on BitMart. Regulatory Hurdles Hamper XRP’s Growth XRP, which boasts of enabling quick international transactions, is suffering regulation-related problems that have slowed down the appetite of investors. The current legal fight is causing uncertainty, although a recent positive remark by Bitwise CIO Matt Hougan, who called the changing tone of the SEC a breath of fresh air and speculated that XRP, Solana $, and Dogecoin $ could get ETF approvals by the end of the year. This regulatory overhang keeps XRP down to capitalize on its established market position, forcing investors to seek out newer projects that have fewer strings attached to them and have a higher level of scalability. Kaanch Network’s Presale Gains Momentum Kaanch... --- ### Ripple CEO Foresees XRP's Potential to Capture International Finance - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/ripple-ceo-foresees-xrps-potential-to-capture-international-finance/ - Categories: Ripple (XRP) XRP may capture 14% of SWIFT's international volume in the next five years. Ripple offers direct and simultaneous bank fund transfers using XRP. Blockchain technology provides faster, more efficient cross-border payment solutions. During the XRP APEX 2025 event held in Singapore, Ripple $ CEO Brad Garlinghouse highlighted the significant role XRP could play in international money transfers. He forecasted that within the next five years, XRP could capture 14% of the total international volume currently handled by the SWIFT system. This prediction is rooted in the liquidity solutions XRP offers for cross-border payments. Key Differences Between XRP and SWIFT SWIFT provides messaging infrastructure for cross-border money transfers between global banks, but it only facilitates information transmission without actual physical money transfers. For instance, a transfer from the United States to Europe involves SWIFT messages to inform banks, but actual fund transfers pass through multiple intermediaries. This process prolongs the transfer time and increases costs. Ripple adopts a different approach. Its technology aims for the direct and simultaneous transfer of not only messages but also funds between banks. The company argues that this system could fundamentally alter liquidity management in international payments. Garlinghouse emphasizes that SWIFT’s model keeps liquidity in banks' control, pointing out that the real transformation would occur in this sector. The Liquidity Edge of Blockchain Technology Ripple's blockchain-based system claims to offer a faster and more efficient solution compared to traditional methods. By using XRP as a bridge currency, it enables instant and low-cost currency conversion between different national currencies. This reduces the need for banks to maintain large amounts of local currency liquidity in numerous countries, thereby lowering operational costs. Traditional financial systems typically separate message transmission and fund... --- ### Bitcoin Shoots Skyward: Analyst Sees Stratospheric Price Targets - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/bitcoin-shoots-skyward-analyst-sees-stratospheric-price-targets/ - Categories: Bitcoin (BTC) Kevin Svenson predicts Bitcoin could reach $142,500 by late 2024. The S&P 500's performance could positively influence Bitcoin's price. Svenson advises caution due to high market volatility. Cryptocurrency analyst and investor Kevin Svenson predicts that Bitcoin $ could soar to $142,500 during the current cycle, peaking potentially in the October-November 2024 timeframe. While highlighting the robust performance of the S&P 500 as a positive catalyst for Bitcoin, Svenson cautions investors about the high volatility and inherent risks in the cryptocurrency markets. Potential Price Targets for Bitcoin Svenson elaborates that Bitcoin's price might potentially reach $190,000 in this cycle. He references this figure as the upper target but emphasizes that the more likely and central target hovers around $142,500. This suggests an approximately 33% increase at the peak of Bitcoin's next high. Describing this scenario, Svenson remarks, "The median ideal target is $142,500. You can expect Bitcoin to top out at this level during this cycle. " His projections are formulated based on current market conditions and historical cycle analysis. At the time of writing, Bitcoin traded at $107,017. The Impact of Market Dynamics Svenson argues that developments in traditional financial markets, particularly within the U. S. stock markets, could significantly impact Bitcoin. He suggests that if the S&P 500 reaches new record levels and sustains an upward trend, Bitcoin's price could gain substantial support. According to Svenson, "From my perspective, if the S&P 500 climbs to new peaks and maintains this upward momentum, Bitcoin could potentially rise to at least $124,000, perhaps reaching $142,000. Developments will shape according to this scenario," he notes, underlining the crucial role global market movements play in molding the cryptocurrency market. Predictions... --- ### Crypto Market Optimism Grows with New Developments in the US - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/crypto-market-optimism-grows-with-new-developments-in-the-us/ - Categories: Cryptocurrency News Coinbase expects a positive crypto market trend due to US economic growth. Public firms' leveraged Bitcoin strategies might pose systemic risks. Bipartisan US legislation aims to shape the stablecoin and crypto market. Coinbase Institutional predicts a positive trend for the cryptocurrency market in the second half of the year. This optimistic view is based on improved expectations for economic growth in the US, potential Fed rate cuts, increasing corporate treasury adoption, and a clearer regulatory framework. According to the report by David Duong, Global Research Head, dated June 12, while risks such as curve steepening and mandatory sales pressure from public crypto vehicles are currently manageable, companies' leveraged Bitcoin (BTC) $ investment strategies pose warnings of "systemic risks". Corporate Leveraged Bitcoin Strategies Many public companies are increasingly adding cryptocurrency to their balance sheets. Data from Galaxy Digital suggests that 228 companies collectively hold 820,000 BTC. Around twenty of these companies, including those holding ETH, SOL, or XRP, are adopting the leveraged finance model pioneered by Strategy (formerly MicroStrategy). This movement follows a significant accounting change effective as of December 2024, where the Financial Accounting Standards Board (FASB) permitted companies to report cryptocurrencies at fair value, lifting restrictions under the US Generally Accepted Accounting Principles (GAAP) to only show impairment. However, Duong cautions that despite growing adoption, public crypto vehicles that primarily focus on asset accumulation introduce "systemic risks". Many of these companies raise capital by convertible debt to purchase cryptocurrency, making them susceptible to forced or strategic sales that could alarm investors during market stress. Duong added that the downward pressure from these risks might not mirror past failed crypto projects. Economic and Regulatory Developments Bolster Optimism In the US, technical recession... --- ### Shiba Inu Leads Technological Innovation with New Developments - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/shiba-inu-leads-technological-innovation-with-new-developments/ - Categories: Shiba (SHIB) Shiba Inu announces a strategic pivot with AI and new Layer-3 technology. Key developers highlight radical transformation beyond memecoin identity. Shiba Inu focuses on long-term, sustainable, and scalable technological infrastructure. The Shiba Inu (SHIB) ecosystem is experiencing a remarkable week with crucial developments spearheaded by key developers Shytoshi Kusama and Kaal Dhairya. The recent announcements mark significant milestones for Shiba Inu. These initiatives indicate a strong intention to navigate beyond its memecoin identity, signaling readiness to embrace a more technologically driven path. Shytoshi Kusama Returns with AI Announcements For the first time since May 30, Shiba Inu's lead developer Shytoshi Kusama made an impactful announcement on social media. Kusama highlighted that SHIB's ecosystem partner, TokenPlayAI (supported by Astra Nova), is integral to a broader AI strategy. Shytoshi Kusama's Latest Shiba Inu Announcement In his post, he stated, "This is part of a much larger AI strategy we've been working on for months. I will discuss more about AI and our partners in an upcoming AI-centric technical paper. " Kusama further emphasized this new direction by updating his X biography to include work on a comprehensive technical paper exploring AI, Shib, and Shy topics. Although details are limited, Kusama's declaration clearly demonstrates the ambition to place Shiba Inu at the forefront of technological innovation, with AI projected to play a central role in the project's long-term technological vision. New Era with Shib Alpha Layer Beta Launch Following Kusama's visionary statements, developer Kaal Dhairya announced the beta launch of Shib Alpha Layer. Developed with ElderLabs, Shib Alpha Layer utilizes Shibarium as its settlement layer, introducing a new Layer-3 "rollup abstraction stack. " This new network aims to present users with a single... --- ### ETH’s Fuels Optimism, But a New Coin’s Presale Could 3000x Your Money - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/eths-fuels-optimism-but-a-new-coins-presale-could-3000x-your-money/ - Categories: Sponsored Article Disclaimer: This article is a press release. COINTURK NEWS is not responsible for any damage or loss related to any product or service mentioned in this article. COINTURK NEWS recommends that readers carefully research the company mentioned in the article. As one of the top altcoins to buy, Kaanch Presale has already turned into one of the biggest opportunities in the crypto market that makes investors focus on identifying high-potential projects in 2025. The project is based on the innovative Layer 1 blockchain technology and addresses the most significant problems of scalability, speed, and cost-efficiency, which is why it is a promising option to consider in case of the desire to exploit the new blockchain technologies. Its multi-tiered pricing and solid technical foundation make the presale a target of the first adopters seeking to obtain substantial returns before the estimated entry into the public market. Ethereum’s Market Momentum Ethereum $, which is changing hands at $2,746. 82, has fallen by a marginal 0. 77 percent, remains a source of optimism in the crypto arena. Institutional demand is also high, as evidenced by the recent acquisition of 58,100 ETH, worth $163. 6 million, by BlackRock on June 11, 2025. This major investment into the ETF of Ethereum highlights the increasing belief in its ecosystem, despite issues such as high gas costs and the slowness of its transactions. With Ethereum being one of the most popular blockchains, the activity in the market preconditions the emergence of innovative projects, especially the ones that... --- ### SharpLink Gaming Faces Dramatic Stock Plunge Amid S-3 Filing - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/sharplink-gaming-faces-dramatic-stock-plunge-amid-s-3-filing/ - Categories: Ethereum (ETH) SharpLink Gaming stocks plunged over 70% after filing an S-3 statement with the SEC. The filing involved selling approximately 59 million shares, causing market dilution fears. CEO Joseph Lubin's clarifications failed to settle the market's nervousness. SharpLink Gaming, recognized as the first company to formalize Ethereum $ as an official treasury asset, experienced a dramatic over 70% plunge in its stock during after-hours trading. The catalyst for this steep decline was the company's submission of an S-3 registration statement to the U. S. Securities and Exchange Commission (SEC), granting the ability for sales of future securities. The registration involves the sale of approximately 59 million common shares, sparking dilution concerns in the market, which further fueled the stock's downfall. Current data shows the shares still trade with around a 70% loss. S-3 Filing Spurs Dilution Fears The filing authorizes the sale of nearly 59 million common shares, including pre-funded warrants, strategic advisor warrants, placement agent warrants, and other shares from a private placement. This move permits existing investors, rather than the company itself, to sell these holdings. The possibility of such an expansive sale raised anxious expectations of flooding the market with around 58. 7 million new shares, should all warrants be exercised. Market participants feared that this influx could devalue existing shares, leading to a sharp and intense selling pressure. The anticipation of such an enormous potential stock release triggered a notable reaction from the investors, resulting in the rapid decline of the stock value. The fear of devaluation was the primary driver behind the sudden and forceful selling momentum. Company Statement Fails to Quell Market Panic Joseph Lubin, CEO of Consensys and Chairman of SharpLink, responded via social media emphasizing that the SEC's filing... --- ### Walmart and Amazon Launch Their Cryptocurrency Pursuit! - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/walmart-and-amazon-launch-their-cryptocurrency-pursuit/ - Categories: Altcoin News Walmart and Amazon consider launching dollar-pegged stablecoins to optimize payments. Regulatory hurdles and legislation like the GENIUS Act pose challenges for stablecoin issuance. Stablecoin market surpasses $250 billion, with projections exceeding $2 trillion by 2028. American retail giant Walmart and tech behemoth Amazon are contemplating the launch of their own US dollar-pegged stablecoins to simplify payment processes, expedite transfers, and reduce costs tied to traditional financial systems. According to a report, these companies may follow the plans of other multinational American enterprises to issue stablecoins. However, the initiation of their stablecoin is expected to depend on ongoing federal policy decisions in Washington. Accelerated Crypto Initiatives by US Giants This initiative by Walmart and Amazon aims to reduce payment delays and cut down on costs. By bypassing or optimizing traditional banking channels, they strive to render transactions more efficient. This move signals the growing corporate adoption within the cryptocurrency world. However, a significant obstacle stands in the way of these plans: regulatory uncertainty. Politicians on Capitol Hill are working on the GENIUS Act, which aims to create a uniform framework for cryptocurrencies anchored to fiat currencies like the US dollar. The final Senate vote on the bill is scheduled for June 17, following initial Democratic opposition. If approved by the US Senate, the bill will proceed to the House of Representatives, which is currently deliberating its version. For stablecoin regulations to be enacted, the House and Senate must reconcile their differing approaches. President Donald Trump has prioritized clarity in the cryptocurrency domain and is pushing for the stablecoin law to be enacted by August. Impressive Growth in the Stablecoin Market The Trump administration's favorable stance towards stablecoins has accelerated company entry into this sector. This trend... --- ### BlackRock Focuses on XRP and Solana ETFs to Expand Its Market Dominance - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/blackrock-focuses-on-xrp-and-solana-etfs-to-expand-its-market-dominance/ - Categories: Ripple (XRP) BlackRock desires to launch XRP and Solana ETFs, facing legal clarity challenges. Regulatory uncertainties influence their ETF approval and potential market entry strategy. Global traction grows as international markets approve XRP and other cryptocurrency ETFs. The world's largest asset management company, BlackRock, is anticipated to launch an exchange-traded fund (ETF) focusing on altcoins such as XRP and Solana $ (SOL). Nate Geraci, an expert in ETFs, suggests that BlackRock is eager to maintain its dominant position with Bitcoin $ and Ethereum $ ETFs while recognizing the legal clarity that XRP has recently achieved. This clarity, coupled with the introduction of regulated XRP futures contracts on the Chicago Mercantile Exchange (CME), is seen as a crucial step toward Spot ETF applications. Expectations for BlackRock's Potential Move Nate Geraci underscores BlackRock’s ambition to seize the next major opportunity after its success with Bitcoin and Ethereum ETFs. With the legal hurdles between Ripple $ and the U. S. Securities and Exchange Commission being dissolved, XRP has gained a more favorable position. These developments are likely to pave the way for spot XRP ETF filings. Geraci also highlights the potential for Grayscale’s “Grayscale Digital Large Cap Fund,” which already includes XRP, to transition into a fully-fledged ETF. This could provide a swift market entry by converting an existing product to an ETF format. Meanwhile, prediction platform Polymarket shows a 90% probability of a spot Solana ETF being approved and puts the likelihood for a spot XRP ETF at 87%. Challenges Due to Regulatory Uncertainty To date, BlackRock has not made any formal moves, keeping its focus on the impressive performance of its Bitcoin (iShares Bitcoin Trust) and Ethereum (iShares Ethereum Trust) products. Last year, ETF department head Samara Cohen... --- ### Bitcoin's Resilient Journey: From Market Slump to Optimistic Predictions - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/bitcoins-resilient-journey-from-market-slump-to-optimistic-predictions/ - Categories: Bitcoin (BTC) Bitcoin fell below $104,000 after geopolitical tensions impacted the market. Institutional demand continues as major firms add Bitcoin to their reserves. Miners strategically reduce BTC sales, reinforcing market supply-demand dynamics. Bitcoin (BTC) $ recently faced a substantial market setback, falling below $104,000 following Israel's attack on Iran's nuclear facilities on June 12. This event wiped out approximately $636 million from the market in just one day as Bitcoin dipped from $107,000 to $103,000. Concerns arose that the largest cryptocurrency could further plunge to $102,000 or even $101,000. Despite the turbulence, many foresee Bitcoin's price reaching $200,000 by year's end. What drives these optimistic forecasts? Let's delve deeper into the underlying factors. Major Companies Continue Acquiring Bitcoin Corporate giants from the US, Europe, Japan, and other regions continue to integrate Bitcoin into their treasury reserves. This growing institutional demand introduces additional buying pressure in the market. Especially post the last Bitcoin halving, supply constraints have magnified this pressure. The decision of corporate treasuries to align with Bitcoin provides a robust foundational support for its price. As Alice Liu articulated in her recent discussion with Scott Melker on CoinMarketCap, the cryptocurrency market is experiencing a golden era. A catalyst like this institutional involvement is crucial for propelling outside individuals toward cryptocurrency. Institutional participation indeed signals significant widespread acceptance. A Notable Decline in Miners' Bitcoin Sales On the supply side, an important development is occurring. Miners are offloading an average of just around one BTC over a seven-day span, indicating a marked slowdown in sales. The decline in mining revenues following block rewards halving and operational costs have prompted miners to adopt a more strategic approach in selling their BTC holdings. Bitcoin Madencilerinin... --- ### Polkadot Community Proposes Ambitious Crypto Asset Strategy - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/polkadot-community-proposes-ambitious-crypto-asset-strategy/ - Categories: Polkadot (DOT) The Polkadot community proposes converting 500,000 DOT into Bitcoin's tBTC. This conversion will utilize Hydration's "Rolling DCA" mechanism over a year. The proposal aims to diversify assets and boost DeFi activities on Polkadot. The Polkadot community has engaged in discussions regarding a significant proposal aimed at diversifying its Treasury portfolio and supporting decentralized finance (DeFi) incentives within the ecosystem. In response to Referendum #1394, the proposal suggests converting 500,000 DOT from the Polkadot Treasury into Bitcoin's tBTC within approximately one year. This conversion will be executed using Hydration's "Rolling DCA" (Dollar Cost Averaging) mechanism. The acquired tBTCs will subsequently be added as liquidity to the Hydration Omnipool through the Threshold Network's secure Bitcoin $ bridge. The proposal is currently under forum discussion and has yet to be voted upon on-chain. Creating a Bitcoin Reserve for the Polkadot Treasury Central to the proposal is the conversion of 500,000 DOT held in the Polkadot Treasury into tBTC. This process is not a one-time purchase but rather a year-long endeavor. Purchases will utilize the "Rolling DCA" feature offered by the Hydration protocol. This mechanism automates purchases in small increments over time, mitigating the impact of market volatility. Altcoin Polkadot Bitcoin Reserve Once the conversion is complete, the obtained tBTC assets will provide liquidity to the Hydration Omnipool. This liquidity addition utilizes a secure bridge technology developed by the Threshold Network, allowing users to bring their Bitcoin into the Polkadot ecosystem without involving third-party custodians. Proponents of the strategy argue that it will diversify Treasury assets and boost liquidity, thereby encouraging DeFi activities on the Polkadot platform. Background and Expectations of the Proposal The proposal emerged as a result of Referendum #1394, known as "Wish-For-Change," which initiated... --- ### Ripple's Strategic Moves Boost XRP Beyond Expectations - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/ripples-strategic-moves-boost-xrp-beyond-expectations/ - Categories: Ripple (XRP) Ripple releases 1 billion XRP monthly, primarily reinvested in escrow. Minimal XRP supports Ripple operations and On-Demand Liquidity platform. XRP outperformed major cryptocurrencies in 2025, showing strong growth potential. Ongoing discussions center around Ripple $'s scheduled release of 1 billion XRP coins from escrow each month and its impact on the altcoin's price. Contrary to speculations of a market-disrupting sale strategy, crypto analyst Vincent Van Code argues that these actions are rooted in meticulously planned liquidity and operational management. A significant portion of the released XRP is immediately returned to new escrow accounts, with a small percentage earmarked for Ripple's operational expenses and the On-Demand Liquidity (ODL) platform. Understanding Ripple's Monthly XRP Escrow Process Ripple's management of XRP through an automated escrow system integrated into the XRP Ledger ensures control and security. Every month, 1 billion XRP are released, but these coins do not directly flood the market. Instead, over 80% are reinvested into time-locked escrow accounts managed by the XRP Ledger's internal protocol, beyond Ripple's immediate reach. According to Van Code, the remaining 10-20% of XRP serves Ripple's operational expenses, manages liquidity, and supports strategic partnerships. This approach prevents sudden supply shocks and ensures the long-term sustainability of XRP in the market. The released XRP dedicated to operational use significantly bolsters Ripple's ODL platform, which enables financial institutions to perform near-instantaneous and cost-effective international money transfers. Institutions convert local currency into XRP, transfer, and reconvert to local currency in the target country, minimizing XRP retention for speculation and diminishing its long-term price impact. Van Code highlights that Ripple's XRP sales constitute less than 1% of the total market volume, with XRP's 24-hour trading volume exceeding $212 billion. Claims... --- ### US Senate Sets the Stage with Historic GENIUS Act Vote - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/us-senate-sets-the-stage-with-historic-genius-act-vote/ - Categories: Altcoin News US Senate to vote on impactful GENIUS Act for stablecoin regulation on June 17. GENIUS Act mandates full dollar backing and audits for large stablecoin issuers. Treasury projects stablecoin market could exceed $2 trillion by 2028 with new regulation. The United States Senate is poised to hold a decisive vote on the GENIUS Act, a piece of legislation with the potential to significantly impact the cryptocurrency market, particularly stablecoins. This vote, scheduled for June 17, aims to establish the regulatory framework for stablecoins within the U. S. and across the globe. According to the Democratic Party's official website, the date was finalized in a Thursday announcement, wherein it mentioned that the exact timing of the vote would be determined through consultation between the Majority Leader and the Democratic Leader. The bill mandates that stablecoins be fully backed by the U. S. dollar or similar liquid assets, introduces regulatory oversight for major issuers, and sets compliance rules for foreign stablecoin companies. Key Regulations Proposed by the GENIUS Act The GENIUS Act, aimed at ensuring the safe operation of stablecoins within the U. S. financial system, introduces several critical regulations. Foremost among these is the requirement for all stablecoin issuers to fully back their coins with U. S. dollars or assets possessing equivalent liquidity. This stipulation is designed to ensure the financial stability and trustworthiness of stablecoin projects. Secondly, the Act stipulates that issuers with a market value exceeding $50 billion must undergo annual independent audits. This requirement is intended to assure the market of the financial health and transparency of large-scale stablecoin projects. Additionally, companies operating outside the U. S. , such as those like Tether (USDT), which hold a significant share in the global market, will need to comply... --- ### SEC Rethinks Crypto Rules, Shaking Up Regulatory Scene - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/sec-rethinks-crypto-rules-shaking-up-regulatory-scene/ - Categories: Cryptocurrency News The SEC retracted cryptocurrency and ESG rule proposals introduced under former chairman Gary Gensler. Withdrawn rules included the Expanded Custody Rule and Rule 3b-16 targeting DeFi protocols. This move signals a shift toward more balanced regulatory oversight encouraging innovation. The United States Securities and Exchange Commission (SEC) recently retracted a series of proposed cryptocurrency and Environmental, Social, and Governance (ESG) rules initially introduced during the tenure of former chairman Gary Gensler. The notable rules included the expanded Custody Rule, targeting decentralized finance (DeFi) with Rule 3b-16, and stricter ESG reporting obligations. This retraction suggests a shift towards a more balanced and clear regulatory approach amid increasing demands for more practical oversight within the cryptocurrency sector. Industry stakeholders have welcomed this move as a step towards a regulatory environment that encourages innovation. Significant Changes in Cryptocurrency Regulations Among the withdrawn proposals, the Expanded Custody Rule stood out as it imposed significant obligations on cryptocurrency companies. This rule aimed to ensure a wider range of entities holding clients' cryptocurrencies would be subjected to strict oversight and accounting standards akin to registered investment advisors. The sector had debated this proposal's feasibility and the unnecessary costs it might entail. SEC and Cryptocurrency Regulations Similarly, the proposal to broaden Rule 3b-16, perceived as targeting decentralized finance (DeFi) protocols, was shelved. This proposal could have mandated certain DeFi protocols performing specific functions to register with the SEC and comply with regulations akin to traditional exchanges. The proposal clashed with the fundamental principles of the DeFi ecosystem and faced significant criticism. The withdrawal of these rules has sparked hope for reduced regulatory uncertainty in the sector. Relaxation of ESG Reporting Mandates The SEC's retracted proposals are not limited to the cryptocurrency market. The regulatory body also... --- ### Bitcoin Surges Forward as a Dominant Asset - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/bitcoin-surges-forward-as-a-dominant-asset/ - Categories: Bitcoin (BTC) The article discusses Bitcoin's growing status as a mainstream macro asset. Novogratz emphasizes institutional interest and Bitcoin's potential to replace gold. Scarcity of Bitcoin and weak dollar drive global investors toward cryptocurrencies. Mike Novogratz, CEO of Galaxy Digital, emphasized Bitcoin's transformative role in the financial system and its future potential. He argued that cryptocurrency has been embraced by traditional finance, rising to the status of a "macro asset. " Novogratz suggested that Bitcoin $ could replace gold, reaching a unit price of $1 million. Over the past decade, the initial skeptical outlook has shifted to significant interest from institutions and major investors. Market participants have also become accustomed to Bitcoin's price volatility. Bitcoin’s Emergence as a Macro Asset Novogratz highlighted the radical shift in Bitcoin's position within the financial realm. It is no longer a marginal investment tool; rather, it has become part of the mainstream. Traditional investors now track Bitcoin alongside established assets like gold, silver, and the S&P 500 index. This acceptance has also facilitated the normalization of the cryptocurrency's price volatility. Fluctuations that once caused significant concern are now perceived as more routine when compared to traditional assets. This indicates a significant change in how both individual and institutional investors view Bitcoin. Seeking Alternatives to a Weakening Dollar Novogratz pointed out that the international markets are witnessing a devaluation of the dollar, pushing investors to seek alternatives. He mentioned the U. S. administration's preference for maintaining a relatively weak dollar. This policy drives global investors towards other currencies like the Euro, Japanese Yen, and Australian Dollar. This trend fuels a broader interest in non-dollar assets. Bitcoin, alongside gold, silver, and platinum, stands out as an attractive alternative in this... --- ### The Decline in HMSTR Value Grips Cryptocurrency Enthusiasts - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/the-decline-in-hmstr-value-grips-cryptocurrency-enthusiasts/ - Categories: Altcoin News Hamster Kombat's cryptocurrency HMSTR faced a sudden 17% loss in 24 hours. Major investors' massive sales contributed significantly to this price drop. The confidence and interest level in projects can quickly impact market prices. The "Tap-to-Earn" project Hamster Kombat, operating through Telegram, faced a significant downturn in its proprietary cryptocurrency, HMSTR. This token experienced a drastic 17% drop in value over 24 hours, capturing the attention of numerous users and market participants who eagerly followed these developments. The sudden depreciation of the token has sparked discussions and analyses across the cryptocurrency community. Pressure from Major Investors Analysts point to several core factors underpinning the steep decline in HMSTR's price, with one of the primary drivers being the mass liquidation by significant investors holding substantial amounts of the token. This bulk selling led to a rapid downward trajectory in the price. In conjunction with these sales, there has been a notable decrease in investors' enthusiasm regarding recent developments within the Hamster Kombat project. This waning interest has heightened the volatility of the token's price, with the abrupt sell orders from these large investors, known as "whales," causing considerable concern among smaller investors. Market Confidence and Investor Psychology The sharp depreciation of HMSTR underlines the critical role of confidence in the cryptocurrency markets. The level of trust and interest in projects can quickly drive prices up or down. When investors perceive a decline in confidence, the result often manifests as large-scale sales and fund withdrawals. The Hamster Kombat team issued a statement, expressing gratitude for community support while closely monitoring the price fluctuations. Nonetheless, uncertainties regarding the project's future continue to negatively impact investor sentiment. Experts highlight that in the cryptocurrency markets, investors' abrupt reactions can... --- ### Judge Torres Likely Approves Ripple and SEC's Joint Request - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/judge-torres-likely-approves-ripple-and-secs-joint-request/ - Categories: Ripple (XRP) Ripple and SEC's joint request may soon receive Judge Torres's approval. Attorney Morgan believes this approval would speed up case resolution. The outcome may impact future cryptocurrency-related legal cases significantly. The prolonged legal battle between Ripple $ and the United States Securities and Exchange Commission (SEC) is expected to reach a critical point with Judge Analisa Torres likely approving a joint request submitted by both parties. Attorney Bill Morgan, who is closely monitoring the case, believes the judge will grant the request despite having personal reservations about some provisions. If approved, this could accelerate a more expedient and negotiated resolution of the case. The full details of this joint request are not yet made public. Collaborative Appeal from Ripple and SEC Ripple and the SEC have presented a mutual request to the court based on an agreement reached between them. Although the specific terms of their agreement remain undisclosed, this move is seen as pivotal in the ongoing legal proceedings. This joint action by the parties is interpreted as an effort to conclude a long-running legal battle through compromise. Attorney Bill Morgan highlighted that if the court accepts this collective appeal, the case might edge closer to a final resolution. His analysis creates an optimistic outlook for those anxious about further prolongation of the litigation, including parties involved and industry observers. The judge is anticipated to issue a decision on this matter soon. Market Expectations Should Judge Torres deliver a favorable ruling, the significant case between Ripple and the SEC will enter a new phase. This development could crucially aid in reaching a conclusive outcome. Legal circles note that courts often show favor towards such consensus-based requests from the parties... --- ### Military Actions Trigger Massive Cryptocurrency Market Crash - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/military-actions-trigger-massive-cryptocurrency-market-crash/ - Categories: Cryptocurrency News Israel’s military action led to a significant cryptocurrency market crash. Geopolitical tensions caused massive liquidations and market volatility. Investors shifted towards safer assets like gold and oil amidst market uncertainty. A significant crash occurred in the cryptocurrency markets following Israel's large-scale military strike on Iran during Asian hours on Friday. This geopolitical event led to substantial fluctuations across financial markets, with the total liquidations in crypto assets surpassing $1. 1 billion. The reaction has caused widespread concern about the resilience of digital currencies in crisis situations. Military Developments and Market Reactions The military operation by Israel on Friday escalated risk aversion tendencies within global financial markets. Market analysts highlight that during such periods, investors tend to retreat from risky assets, seeking safer investment havens. The cryptocurrency market experienced severe losses, with substantial sell-offs initiated shortly after the attack. As panic selling ensued, forced liquidations in cryptocurrencies quickly exceeded the $1. 1 billion mark. This figure is one of the highest instantaneous liquidations recorded recently in the sector, raising questions about the market's ability to absorb shocks. Price Movements in Global Markets Geopolitical tensions not only impacted cryptocurrency markets but also caused notable price shifts in other financial sectors. Gold and oil prices surged, reflecting increased demand for safe havens. Experts believe that heightened interest in secure assets particularly affected precious metals and energy markets. These market movements have prompted investors to adopt cautious approaches in light of global risks. Short-term volatility in markets is anticipated as participants reassess the geopolitical landscape. Expert Opinions and Future Expectations Market observers indicate that geopolitical tension could lead to increased volatility in cryptocurrencies. The persistence of global risks may alter investor behavior, resulting in... --- ### Trident Commits to XRP Investment Worth $500 Million - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/trident-commits-to-xrp-investment-worth-500-million/ - Categories: Ripple (XRP) Trident aims to invest $500 million in creating an XRP treasury. This step could boost XRP’s market value and corporate acceptance. Investments in digital assets offer new opportunities and increase sector competition. Trident, a company listed on Nasdaq, recently announced its intention to invest in XRP, in response to the growing interest in digital assets. The company plans to establish a treasury related to XRP, the second-largest altcoin by market capitalization, and aims to raise $500 million for this initiative. According to Trident’s announcement, this investment plan seeks to diversify its portfolio and capitalize on opportunities within the digital asset market. Company's Strategic Objectives Trident aspires to gain a more significant presence in digital asset markets and make new advancements. The $500 million funding will primarily focus on creating reserves of XRP. This move is considered a significant development in the company's future asset management strategies. The company's management believes that this investment will strengthen Trident's financial standing and contribute to its growth objectives. Moreover, they indicated that a focus on digital assets could serve as a balancing factor within investment portfolios. Trident’s decision demonstrates its belief in digital assets on a corporate scale. XRP's Market Standpoint XRP stands out as a prominent digital asset for many companies and investors due to its market value. Analysts point out that being the second-largest altcoin, XRP attracts the attention of financial institutions and corporate investors. There are evaluations that Trident's step may boost XRP’s market value and corporate acceptance. Market experts assert that such investments enhance the role of corporate players in the digital asset ecosystem. There are also comments on XRP’s current position offering an attractive investment tool for large-scale companies. It is... --- ### Shiba Inu Introduces New Layer for Swift and Secure Projects - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/shiba-inu-introduces-new-layer-for-swift-and-secure-projects/ - Categories: Shiba (SHIB) Shiba Inu announced the Shib Alpha Layer for customizable Shibarium rollups. Developers gain flexibility for NFT projects, gaming, and finance. This infrastructure aims to enhance blockchain speed, scalability, and security. The Shiba Inu development team has announced a new feature available on the Shibarium network known as the Shib Alpha Layer. This innovation allows developers to create customizable rollups within the Shibarium network. The system aims to provide faster, more secure, and scalable solutions for decentralized applications (dApps), NFT projects, and other blockchain-based content. This initiative clearly demonstrates Shiba Inu's commitment to technical innovation within its community. What is the Innovative Shib Alpha Layer? The Shib Alpha Layer is designed to offer flexibility to developers in the rollup processes. With this feature, software developers can establish customized rollups on the Shibarium network without technical constraints. Institutions and individual developers can leverage this capability across various domains, such as NFT projects, gaming applications, or financial transactions. During infrastructure development, factors like user experience, security, and high performance are prioritized. Rollup technology addresses scalability and transaction speed, which are common challenges in blockchains. With this innovation, the Shiba Inu team plans to support fast and affordable transactions, a basic need in the blockchain world. The announcement emphasizes Shiba Inu’s ongoing updates to keep pace with evolving technologies. Shibarium Ecosystem and Developer Community The Shibarium network provides a platform for developers interested in creating blockchain-based projects for Shiba Inu. This community-oriented ecosystem enables entrepreneurs from diverse sectors, including new applications and decentralized finance projects, to flourish. The inclusion of Shib Alpha Layer is anticipated to rapidly grow new projects on the platform, diversifying and activating Shiba Inu’s developer community. Furthermore, with Shibarium’s new... --- ### Circle's USDC Drives Major Surge on World Chain - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/circles-usdc-drives-major-surge-on-world-chain/ - Categories: Altcoin News Circle's shares surged 10% after USDC integration with World Chain. USDC's direct presence on World Chain replaces previous bridge version. High volatility and regulatory challenges remain key development hurdles. Circle's shares experienced a 10% rise following the integration of its USDC stablecoin into Sam Altman's World Chain network. This significant development occurred after Worldcoin rebranded to World in October. The integration indicates that Circle's stablecoin, USDC, can now be minted directly and natively on the World Chain. The Role of USDC on World Chain USDC's direct integration into the World Chain ecosystem replaces its previous version, which was brought via a bridge and held by approximately two million users. Users can now convert their fiat currencies directly to USDC using the Circle Mint interface. Moreover, Circle's cross-chain transfer protocol, CCTP V2, enables seamless transfer of USDC across different blockchain networks. Circle emphasized that this development differs from traditional stablecoin integrations. The unique nature of World Chain as a non-typical blockchain gives this integration greater significance. Circle stated in a blog post: "This is no ordinary stablecoin integration because World Chain is not an ordinary blockchain. " Recent Developments and Challenges in World Chain The World Chain network, launched in 2023, has faced several issues since its inception. A major challenge has been the process requiring users to provide biometric data through iris scanning for authentication. This practice has prompted objections from regulators and has negatively impacted the ecosystem's adoption. The ecosystem's native token, WLD, had limited use at launch. The initial absence of features like staking rewards, governance rights, or integration into financial applications led to decreased interest in the token. Currently, WLD trades at 90% below its peak... --- ### Mercurity Fintech Boosts its Financial Strategy by Embracing Bitcoin - Published: 2025-06-13 - Modified: 2025-06-13 - URL: https://en.coin-turk.com/mercurity-fintech-boosts-its-financial-strategy-by-embracing-bitcoin/ - Categories: Bitcoin News Mercurity Fintech announces an $800 million fundraise for a Bitcoin reserve. The company aims to integrate digital assets into its financial strategy. This move aligns with global interest in Bitcoin among corporations. In the digital finance sector, Mercurity Fintech Holding Inc. (Nasdaq: MFH) has announced plans to raise up to $800 million to establish a long-term Bitcoin $ reserve. This initiative is viewed as part of the company's strategy to integrate digital assets into its financial operations. Transition to a Bitcoin Reserve and Company Strategy According to a recent press release by Mercurity Fintech, the company plans to convert some of its assets into Bitcoin. This conversion process will utilize blockchain-based custody solutions, staking applications, and tokenized treasury instruments. The goal is to enhance the returns on existing assets and to extend their lifespan. Mercurity's CEO, Shi Qiu, emphasized that this move is grounded in the belief that Bitcoin will play a significant role in the future of financial infrastructure. "We are building this Bitcoin reserve with that belief and positioning our company as a leading player in the digital finance ecosystem. " If the entire funds are converted into Bitcoin at current market prices, Mercurity could acquire approximately 7,433 BTC. This amount could position the company among the top 11 institutions holding the most Bitcoin, surpassing companies like GameStop. Global Companies and the Turn to Bitcoin The announcement coincides with a period of increasing interest in Bitcoin among global companies. Recent data shows that 223 companies and institutions hold Bitcoin in their portfolios, a number which has recently risen from 124. Publicly traded companies are estimated to collectively hold approximately 819,000 BTC, representing about 3. 9% of the total supply. Mercurity’s... --- ### Crypto Markets Set for Bullish Outlook: Key Influences from Macro Trends and Regulations - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/crypto-markets-set-for-bullish-outlook-key-influences-from-macro-trends-and-regulations/ - Categories: Cryptocurrency News The report predicts crypto markets could see a positive outlook by late 2025. Macroeconomic improvements and potential rate cuts boost market optimism. Institutional and regulatory interest in crypto suggests future market dynamics shifts. According to a new report by Coinbase Research, an improved macroeconomic environment, increasing institutional interest in digital assets, and regulatory clarity could set the stage for a constructive outlook in crypto markets in the second half of 2025. Particularly, improvements in indicators related to the US economy and potential interest rate cuts by the Federal Reserve are cited as factors boosting optimism in the market. Macroeconomic Developments and Market Reactions Following a brief contraction in US economic growth and trade disruptions in the first quarter of 2025, the latest data points towards a recovery. The Atlanta Fed's GDPNow data shows a significant increase, rising to 3. 8% on a quarterly basis as of early June. Expected interest rate cuts and less aggressive trade policies are reducing recession fears and increasing investors' risk appetite. The report also suggests that the declining dominance of the US dollar and the search for inflation hedges might bolster Bitcoin's appeal. However, high yields on US Treasury bonds could remain a decisive factor in investors' crypto preferences. For altcoins, the anticipated rise might be limited unless a specific catalyst emerges. Institutional Crypto Asset Strategies Public companies can now more easily add digital assets to their balance sheets, thanks to accounting rule changes in 2024. The "mark-to-market" accounting practice allows these assets to be recorded at current value. While companies' shift towards crypto assets increases demand, it also introduces some systemic risks. Notably, firms financing digital asset acquisitions with convertible debt might be forced to sell if... --- ### DeFi Development Corp Expands Solana Portfolio with $5 Billion Investment - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/defi-development-corp-expands-solana-portfolio-with-5-billion-investment/ - Categories: Solana (SOL) DeFi Development Corp announces $5 billion investment for Solana portfolio expansion. Investment to increase Solana market presence and boost DeFi interest. Company’s regulatory compliance efforts impact future investment strategies. DeFi Development Corp. (DFDV), listed on Nasdaq, has announced a substantial increase in its Solana $ (SOL) portfolio with a $5 billion equity line. This move follows the company’s recent withdrawal of a $1 billion shelf public offering application due to regulatory requirements. Nevertheless, it is suggested that DFDV may consider resubmitting a similar application in the future. $5 Billion Investment Plan The newly announced equity line aims to bolster DFDV's strategy of increasing its Solana assets. This investment plan suggests an expansion of the company’s presence in the Solana ecosystem. Although details are still emerging, this initiative is anticipated to enhance interest in the DeFi market. While comprehensive details regarding the execution of the investment and allocation of capital have not been disclosed, industry representatives emphasize that large-scale investments like this can inject dynamism into the decentralized finance market. Solana’s scalability and low transaction costs are seen as attractive features by many investors. Regulatory Developments and Withdrawn Application Recently, DFDV retracted its $1 billion shelf public offering application due to regulatory compliance requirements. Company officials stated that this decision was taken to align with relevant regulatory processes. Company representatives remarked that a similar application might be reconsidered in the future. Developments in regulations are seen as having a direct impact on the company’s strategies. DFDV representatives: "The shelf application was withdrawn considering current regulations. A re-application may be made when conditions mature in the future. " Market Reactions and Investor Insights DFDV’s announcement of its investment has the potential... --- ### David Plouffe Highlights Crypto's Role in Political Campaigns - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/david-plouffe-highlights-cryptos-role-in-political-campaigns/ - Categories: Cryptocurrency News David Plouffe underscores crypto's growing importance in political campaigns. The 2024 elections highlight contrasting stances on cryptocurrency from Biden and Trump. Coinbase supports tracking legislative positions on cryptocurrency amid the elections. David Plouffe, a former advisor to Barack Obama and Kamala Harris, recently addressed the significance of cryptocurrency in the political arena. Speaking at the "State of Crypto Summit" held by Coinbase in New York, Plouffe acknowledged the prevalent view of the Biden administration's cool approach towards the crypto sector. He also joined Coinbase's Global Advisory Council on the same day. The Political Impact of Cryptocurrency During the panel discussion at the Coinbase event, Plouffe emphasized the increasing role of cryptocurrency in political campaigns. He noted that for politicians, engaging with crypto enthusiasts represents a valuable opportunity for dialogue and connection. "As a candidate running for election, the ability to talk to individuals uncertain about participating—perhaps those who have never voted before—through their interest in cryptocurrency serves as a strong entry point," Plouffe explained. He added that this approach allows a transition to broader subjects such as the economy, education, or healthcare. Plouffe was accompanied at the event by Chris LaCivita, a co-manager of Donald Trump’s presidential campaign. Referencing a dinner hosted by Trump for prominent cryptocurrency holders, Plouffe remarked, "There are undoubtedly some contradictions, like the dinner Chris mentioned, which could understandably lead to a response. This might complicate matters somewhat. " Cryptocurrency in the 2024 U. S. Presidential Elections The world of cryptocurrency has noticeably impacted the 2024 U. S. Presidential elections. Federal agencies like the Securities and Exchange Commission (SEC) have displayed cautious and occasionally contentious stances on cryptocurrencies during Biden's presidency. In contrast, President Donald Trump openly... --- ### Litecoin Faces Bears as Technical Indicators Suggest Downtrend Continuation - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/litecoin-faces-bears-as-technical-indicators-suggest-downtrend-continuation/ - Categories: Litecoin (LTC) Litecoin's price trend remains under bearish market pressure. Bollinger Band indicators suggest the possibility of further price declines. Historically, June has been a positive month for Litecoin's performance. In the last 24 hours, the price of the altcoin Litecoin (LTC) has continued on a downward trend, remaining under the pressure of a bearish market. This trend aligns with altcoin's Bollinger Bands indicator, which suggests that the negative market sentiment might persist for some time. While technical indicators generally tilt in favor of the bears, some investors anticipate a short-term recovery based on LTC's performance in June in previous years. Clear Signs of Decline in Litecoin's Technical Indicators The fall of Litecoin's price below the 20-day moving average (middle band) in the Bollinger Bands is seen as a strong indicator of market negativity. This movement reveals that the overall market sentiment is in favor of sellers. If the current trend continues and no factors emerge to cause a reversal, it is projected that the LTC price could drop further. According to the Bollinger Bands, this wave of decline could pull LTC down to the $83. 19 level. However, for this scenario to be avoided, Litecoin buyers must establish a strong resistance. Altcoin Litecoin LTC Fiyat Grafiği The testing of the $88 support and a temporary recovery finding interest at this level indicates that some buyers are showing interest. However, the overall technical picture remains negative. The decline in volume also suggests limited participation in this downward movement. Hope for a Recovery in Light of Historical Data Litecoin's current bleak outlook is moving in the opposite direction of the single-day 12% jump it recorded in May. During that period, despite... --- ### Bitcoin Creator Satoshi Nakamoto Holds Astonishing Wealth in Secret Wallet - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/bitcoin-creator-satoshi-nakamoto-holds-astonishing-wealth-in-secret-wallet/ - Categories: Bitcoin (BTC) Nakamoto has maintained 1.096 million BTC, now worth $118 billion. Nakamoto's wealth remains untouched, sparking curiosity in the crypto world. Pundits ponder the mystery of future potential usage of Nakamoto's assets. Bitcoin's anonymous creator, Satoshi Nakamoto, has maintained a digital wallet containing 1. 096 million BTC, which skyrocketed to a valuation of $118 billion as Bitcoin $ surpassed $107,000. This asset catapulted Nakamoto to the 11th position among the world's richest individuals. Created through mining between 2009 and 2010, this stockpile has remained untouched for over a decade, leaving the crypto world abuzz with curiosity about Nakamoto's wealth. Nakamoto’s Bitcoin Legacy Satoshi Nakamoto introduced Bitcoin in 2009 and commenced mining shortly thereafter. At that time, Bitcoin's value was negligible. The 1. 096 million BTC Nakamoto mined symbolize a tangible legacy from the early days of cryptocurrency. Arkham’s on-chain data confirms that this vast quantity has been preserved intact for 16 years, and the Bitcoin obtained through block confirmations lasting mere minutes is today among the cryptocurrency market's most captivating assets. Currently, Elon Musk tops the global rich list with $411. 4 billion. If Bitcoin's value were to hit $381,928, Nakamoto’s wealth could surpass that of Musk. Though reaching this target appears challenging, the unpredictable nature of the cryptocurrency market keeps such possibilities alive. On May 22, 2025, Bitcoin peaked at $111,980 and tested $110,435 in early June. Despite a 1. 7% drop in the last 24 hours, the price still hovers around $107,000. The lower-than-expected U. S. April Consumer Price Index spurred hopes of Federal Reserve interest rate cuts, bolstering expectations for surges in Bitcoin and other cryptocurrencies. Future Prospects for Nakamoto's Wealth While Nakamoto's fortune remains untouched, the cryptocurrency market... --- ### Dramatic ENA Price Drop Sparks Crypto Market Concerns - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/dramatic-ena-price-drop-sparks-crypto-market-concerns/ - Categories: Altcoin News Ethena (ENA) dropped 10% due to large exchange transfers and market decline. Whale investors reduced ENA holdings, while smaller investors increased theirs. Technical indicators show struggle, with crucial support levels being breached. The value of Ethena (ENA), an altcoin backed by Donald Trump-supported World Liberty, has plummeted by up to 10% in the past 24 hours. This downturn is primarily due to a significant movement of the coin to exchanges, an inability to surpass technical resistance levels, and a general decline in the cryptocurrency market. For some time, this altcoin has been battling the pressure from large investors selling off and a decrease in market optimism. Whale Movements and Investor Psychology in the Altcoin Market On June 6, a wallet reportedly linked to Mirana Ventures transferred 72. 17 million ENA (approximately 21. 45 million dollars) to the Binance exchange. This large-scale transfer ignited fears of an impending sell-off, which could exert enormous pressure on the market. The anxiety surrounding this possible sell-off greatly accelerated the price decline. Altcoin Ethena – ENA Coin Price Chart Data from the past month reveals that major investors have been decreasing their holdings in ENA. The amount of coins held by whale-level investors has reduced by 3. 63%, while mid-level investors have seen a 19. 15% increase, and smaller investors have increased their holdings by 10. 44%. This pattern indicates a scenario where large players are selling off while smaller investors are buying. Additionally, about 94% of existing ENA investors are holding their coins either at a loss or break-even point, adding a psychological element that reinforces the ongoing sell trend. Technical Indicators Point to ENA's Struggle Technically, the ENA coin has failed to maintain the crucial... --- ### Jamie Dimon Sounds the Alarm on U.S. Economic Challenges Ahead - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/jamie-dimon-sounds-the-alarm-on-u-s-economic-challenges-ahead/ - Categories: Economy The U.S. economy might face challenges as pandemic supports end, warns Jamie Dimon. A "soft landing" is difficult, with possible economic slowdown and inflation risks. Private credit market could struggle in a recession, investors should be cautious. JPMorgan CEO Jamie Dimon has raised concerns that the U. S. economy might soon face significant challenges, with implications for cryptocurrencies as well. Dimon highlighted the risk that the economy might worsen due to the expiration of the pandemic-era support measures, which have kept it resilient. Contrary to the expectations of a "soft landing" by markets and many experts, Dimon warned of the need to be prepared for a recession. Although economic indicators currently appear favorable, he stressed that this situation could change rapidly. Dimon: Effects of Pandemic Supports Are Fading At a recent event organized by Morgan Stanley, Dimon emphasized that the substantial supports received during the pandemic, including government spending and easy monetary policies, are losing their influence. These measures were crucial in maintaining economic stability. However, with their disappearance, a slowdown in economic growth is anticipated. Dimon pointed out that achieving a "soft landing" without triggering unemployment or a recession while reducing inflation is challenging. Even if such a scenario occurs, it may not feel like a strong recovery. He summarized possible outcomes by stating, "Things might slow down a bit. Prices might rise slightly. Hopefully, just slightly. " Additionally, he remarked that lower immigration levels could negatively impact the labor market and exacerbate economic slowdown. JPMorgan's CEO cautioned that economic turning points often go unnoticed by ordinary consumers and business owners. Although current economic conditions appear positive, he warned that this can quickly change and people might miss obvious warning signs. This unseen transition could result... --- ### Cardano ETF Approval Set at 75% as Grayscale Sparks Hope - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/cardano-etf-approval-set-at-75-as-grayscale-sparks-hope/ - Categories: Altcoin News Bloomberg predicts a 75% chance of Cardano ETF approval. Cardano, Solana, and others may influence a new Altcoin ETF era. Cardano ecosystem sees notable updates in trading and network efficiency. Bloomberg analysts revised the approval probability of Grayscale's spot exchange-traded fund (ETF) proposal for the altcoin Cardano $ (ADA) to 75%. This news transforms Cardano into one of the most robust contenders for the upcoming wave of cryptocurrency ETFs in the US. Earlier this year, in February, Grayscale, the operator of Bitcoin $ and Ethereum $ funds, had applied for the Cardano ETF through NYSE Arca. If approved, this fund will become the first exchange-traded product for Cardano. Cardano ETF and Expectation Dynamics of Altcoin Funds To date, only Bitcoin and Ethereum spot ETFs have been approved for trading in the US, with approvals given last year. Bloomberg analyst Eric Balchunas shared a note from his colleague James Seyffart, who not only updated approval odds but also highlighted Solana $ (SOL) ETFs as potential frontrunners. Balchunas hinted, "Get ready for a potential Altcoin ETF Summer. " Besides Solana, Balchunas noted some basket products might also be part of this transformative process. The revised probabilities by Seyffart include the potential approval chances for other altcoins beyond Cardano. Other Significant Developments Surrounding Cardano Cardano's ecosystem is witnessing notable changes beyond ETFs. The Cardano Foundation announced that Kraken OTC has initiated ADA options trading, presenting new risk management and speculation tools for institutional investors and high-volume traders. Additionally, Cardano's primary development team, Input Output (IO), proposed multiple enhancements for the Cardano node to increase network stability, reduce operating costs for stake pool operators (SPOs), and improve scalability. The proposed technical updates include log-structured... --- ### Crypto Market Slides as SEC Delays Key ETF Filings - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/crypto-market-slides-as-sec-delays-key-etf-filings/ - Categories: Altcoin News The cryptocurrency market experienced significant declines on June 12, 2025. SEC delays on ETF filings spurred the downturn in Solana and other altcoins. Macroeconomic factors and Bitcoin’s decline aggravated the altcoin losses. On June 12, 2025, a noticeable decline occurred in the cryptocurrency market. This setback was marked by substantial devaluation in major altcoins such as Solana $ (SOL), Dogecoin $ (DOGE), Cardano $ (ADA), and Avalanche (AVAX). The downward trend was attributed to several factors, including the U. S. Securities and Exchange Commission's (SEC) decision to delay some spot ETF applications, breaches in technical support levels, and a general reduction in market risk appetite. Moreover, Bitcoin's (BTC) depreciation featured a domino effect, further pressurizing altcoin prices. Impact on Solana Solana experienced a 4. 5% value loss within 24 hours. This decline stemmed from the SEC's request on June 12 for updated S-1 forms from ETF applicants, including 21Shares. The regulatory body's ambiguity on whether SOL's staking returns exceeding 5% might be classified as securities added complexity. Following the $23 million long position liquidations in May, these developments triggered a "sell on news" phenomenon. Solana SOL Coin Commentary The 2. 46% decline in Bitcoin $ intensified Solana's value loss, owing to the high correlation with BTC at a level of 0. 87. In addition, based on Artemis data, over $10 million flowed out from Solana to Ethereum $ bridges. Technically, SOL lost the crucial $160 support level, which is the 20-day simple moving average. Weak MACD signals (-2. 43 signal line) and RSI-14 figures (51. 03) falling below its 21-day average (51. 28) confirmed the bearish momentum. Dogecoin, Cardano, and Avalanche Outlook Dogecoin suffered a substantial 6. 3% devaluation, exacerbated by Bitcoin... --- ### Binance CEO Richard Teng's Vision Alters Financial Paradigms - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/binance-ceo-richard-tengs-vision-alters-financial-paradigms/ - Categories: Cryptocurrency News Binance's CEO emphasizes the integration of cryptocurrencies into global finance. Institutional moves underscore the legitimacy of cryptocurrencies as an asset class. Financial norms are being rewritten as crypto is embraced strategically. Binance's CEO, Richard Teng, recently shared insights about Wall Street's transformative developments, signaling a significant shift in the global financial landscape. Through a social media announcement, Teng suggested that the upcoming decade will witness a profound integration of cryptocurrencies into the global financial system. Rather than focusing on the 'crypto hype,' he emphasized how institutional investors are moving beyond questioning if they should invest. Now, they are focusing on how to make cryptocurrencies a cornerstone of their strategic plans. This paradigm shift suggests a rewriting of the financial future. Institutional Players Make Bold Moves Richard Teng underscored the tangible changes occurring in the market. For instance, financial giants like Moody’s and Alphaledger embarked on a historic trial by tokenizing municipal bonds on the Solana $ Blockchain with embedded credit ratings. This marks the first time that a leading credit rating agency experiments with tokenized debt on a public Blockchain, showcasing a significant evolution in the approach to crypto assets. Simultaneously, Strive Asset Management, co-founded by Vivek Ramaswamy, has raised $750 million to purchase distressed Bitcoin $-linked debt, including claims from Mt. Gox. These developments underscore the legitimacy and long-term status of cryptocurrencies as an asset class. The confidence shown by institutional players sends strong signals that the market is maturing at a rapid pace. Is the Crypto Winter Over? There is a growing belief that the era of prolonged crypto winters might be behind us. Michael Saylor, known for large-scale Bitcoin purchases, cited increased government support and clarified regulations as... --- ### Bitcoin Faces Intense Selling Pressure as Price Drops - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/bitcoin-faces-intense-selling-pressure-as-price-drops/ - Categories: Bitcoin (BTC) Bitcoin drops 2.4% to 107,000 dollars due to technical and market factors. Failed attempts to surpass 110,000-dollar resistance intensified selling pressure. Long-term prospects remain strong despite short-term corrections in Bitcoin's price. In the past 24 hours, Bitcoin's price has experienced a 2. 4% drop, bringing it down to the 107,000-dollar level. On June 11th, Bitcoin $ attempted to overcome the 110,000-dollar resistance but failed. The primary driver behind this decline was a technical correction, coupled with significant liquidations in the derivatives market. Sellers gained dominance near the record-high levels of 111,814 dollars recorded in May, leading to the liquidation of long positions worth over 323 million dollars. Technical Resistance Challenges for Bitcoin On June 11th, Bitcoin approached the 110,000-dollar mark but could not surpass this crucial technical and psychological barrier. Analysts pointed out an increase in selling pressure in the area just below the all-time high of 111,814 dollars, recorded on May 22nd. Experts like Michaël van de Poppe emphasized that the failure to breach this level demonstrated sellers' dominance in the market. Technical indicators suggest short-term overbought conditions, with tools like the MACD histogram (+298) and Relative Strength Index (RSI) (59) indicating the price needs a breather in this region. These signals triggered short-term investors to realize their gains, causing Bitcoin's price to rapidly retreat from 110,000 dollars to around 107,000 dollars. Surge of Liquidations in Derivatives Markets Bitcoin's inability to surpass the 110,000-dollar resistance put significant pressure on highly leveraged positions. In the last 24 hours, over 323 million dollars worth of positions were forcibly closed in the global crypto market, with 72% being long positions betting on a price increase. This intensified the selling pressure further. Derivatives market... --- ### The Next XRP? Institutional Investors Bet Big on this Layer 1 Before Q3 Listings - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/the-next-xrp-institutional-investors-bet-big-on-this-layer-1-before-q3-listings/ - Categories: Sponsored Article Disclaimer: This article is a press release. COINTURK NEWS is not responsible for any damage or loss related to any product or service mentioned in this article. COINTURK NEWS recommends that readers carefully research the company mentioned in the article. Kaanch Presale has become one of the major opportunities in the crypto market that both institutional and retail investors are considering. Kaanch Network is an up-and-coming project with great potential due to its developed infrastructure and emphasis on real-world asset (RWA) tokenization. The fast development pace of the presale and the upcoming listing on BitMart indicate that it is the turning point to consider investing in the project to gain high profits. XRP’s Market Position and Challenges Trading at around 2. 20 dollars, XRP has always been known as the tool to make cross-border payments. Although its performance is historically high, with a gain of 37,628 percent since inception, current market performance data shows a -4. 24 percent loss over the last week, showing slowed momentum. Investor enthusiasm has been curbed by regulatory uncertainties, such as a legal setback on May 15, 2025, when Judge Analisa Torres denied a joint motion by the SEC and Ripple $. That has caused investors to look elsewhere to investments with better fundamentals and more visible growth paths, and that makes Kaanch an interesting alternative. Kaanch’s Presale Momentum Signals High Demand Kaanch Network is on stage 6 of the presale, and the price of the token is $0. 32, which will increase by 2... --- ### Bitcoin Stuns Markets with Remarkable Growth in Recent Months - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/bitcoin-stuns-markets-with-remarkable-growth-in-recent-months/ - Categories: Bitcoin (BTC) Bitcoin drew attention with a strong 46.32% surge in April and May. The Compound Annual Growth Rate (CAGR) rose significantly, sparking optimism. Adler Jr. forecasts Bitcoin could reach $168,000 by October given continued momentum. Bitcoin (BTC) $ has attracted significant attention with its robust performance in April and May, showcasing a remarkable 46. 32% surge. During the period from May 5 to May 22, Bitcoin gained 18. 48% in value, significantly enhancing its Compound Annual Growth Rate (CAGR). This boost has sparked a wave of optimism in the market, leading analysts to suggest the possibility of a major bull run on the horizon. Understanding the Surge in Bitcoin's CAGR Crypto analyst Axel Adler Jr. highlighted the notable increase in Bitcoin's four-year CAGR. In April, the rate had dropped to as low as 7%. This reflects Bitcoin's strong performance early in the year, which saw a 9. 54% growth in January followed by declines of 17. 5% in February and 2. 19% in March. By April, prices had dipped to a low of $74,446. Bitcoin CAGR Indicator However, the Bitcoin market rebounded swiftly. According to Adler Jr. 's June report, Bitcoin's CAGR has now risen to 31%. He asserted that this rapid recovery demonstrates how quickly long-term trends can shift when strong buyer momentum enters the market. Despite this rise, the 31% CAGR indicator remains below historical bull market peaks, signaling potential for further growth. October's Ambitious $168,000 Target Adler Jr. forecasts Bitcoin's price could reach $168,000 by October. This projection is based on the assumption that momentum in the futures market and leverage usage will continue. The $168,000 target is further supported by accelerating growth and historical patterns observed in previous bull runs. Adler... --- ### XRP Faces Volatility as Trade Tensions Impact Cryptocurrency Markets - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/xrp-faces-volatility-as-trade-tensions-impact-cryptocurrency-markets/ - Categories: Ripple (XRP) XRP price experienced a rise before falling due to trade tensions. Mild progress in U.S.-China talks positively influenced risky assets like cryptocurrencies. XRP's price is influenced by its strong correlation with Bitcoin's movements. The price of XRP, alongside other altcoins, experienced a notable rise until June 10 before declining. This drop coincided with the shift of the cryptocurrency market into a downturn, fueled by renewed trade war concerns. The primary catalyst for this decline was the new unilateral tariff approvals by Donald Trump. Meanwhile, the U. S. Consumer Price Index (CPI) for May fell to 2. 4% annually, strengthening hopes that the Federal Reserve might resume interest rate cuts despite these positive developments. Yet, the XRP price still dropped by 4%, settling at $2. 23. The Ripple Effect: Global Politics and Economic Trends The meeting between the U. S. and China in London yielded modest progress on issues like access to rare earth minerals and Chinese student admissions to U. S. universities. These discussions helped reduce geopolitical tensions, a development generally viewed positively for cryptocurrencies such as XRP, Bitcoin $, and Ethereum $, often considered risky assets. However, this short-lived optimism was dampened by President Trump's announcement of new unilateral tariffs perceived as troubling for the cryptocurrency market. Trump's move included notifying major trade partners within two weeks about final tariff proposals, sparking negative reactions across the market. On another note, the U. S. CPI data for May, coming in below expectations (2. 4% vs. 2. 5%), signaled ongoing cooling inflation. This bolstered expectations that the Federal Reserve might pause interest rate hikes, seen as a positive long-term factor for all leading cryptocurrencies, including XRP. Additionally, the initiation of transactions involving tokenized U.... --- ### Tether Takes Bold Step with Gold Mining Investment - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/tether-takes-bold-step-with-gold-mining-investment/ - Categories: Tether (USDT) Tether acquires a 32% stake in Elemental Altus Royalties Corp. Investment in gold mining signifies diversification strategy. This move reflects a blend of financial innovation and risk management. Tether, a leading company in the cryptocurrency sector, announced the purchase of a 32% share in the Canadian-based gold mining firm, Elemental Altus Royalties Corp. This acquisition reflects Tether's ongoing efforts to diversify its investment portfolio and mitigate financial risks. Given Tether's leading position in the stablecoin market, such investments are closely monitored within the financial ecosystem. Tether's Strategic Move Tether's investment in Elemental Altus Royalties Corp is part of its strategy to diversify across different asset classes. The company has previously invested in valuable assets like Bitcoin $ and gold. This recent investment marks a significant step by directly adding a gold mining company to its portfolio. Industry experts perceive this investment decision as a precaution against the inherent volatility of cryptocurrencies. Investments in commodities like gold can provide a more stable hedge against market instability. The primary factors driving this investment decision include the intention to better manage the company's investment process and expand its revenue streams. Tether's recent investments in Bitcoin and gold also encompassed similar objectives. This enables the company to access traditional asset types beyond just cryptocurrencies. Tether's Broader Implications Certain industry representatives highlight that cryptocurrency-based companies showing interest in traditional financial markets could mark a new turning point in the sector. Tether's strategic move aims to strengthen its financial stability by leveraging different asset types. "By diversifying our asset base, we aim to enhance our company's sustainability," Tether officials state. Elemental Altus Royalties Corp, the company in which Tether invested, operates in Canada and... --- ### Moody's Harnesses Solana for Innovative Credit Rating Tokenization - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/moodys-harnesses-solana-for-innovative-credit-rating-tokenization/ - Categories: Solana (SOL) Moody's experimented with tokenizing securities on Solana blockchain to digitalize credit ratings. The initiative highlights the adoption of blockchain technology in traditional finance. Blockchain’s transparency could revolutionize the efficiency and reliability of financial ratings. International credit rating agency Moody's has conducted a significant experiment on the tokenization of securities, employing the Solana $ network to transition credit rating processes onto a blockchain-based infrastructure. This initiative predominantly concentrated on tokenized securities, capturing the increasing institutional interest in cryptocurrencies within current market conditions. Moody's and Solana In this proof-of-concept project by Moody's, the goal was to digitalize the credit ratings of traditional financial products like municipal bonds. The Solana network was chosen for integrating credit rating information with tokenized securities due to its high transaction speed and low cost advantages. The transparency and real-time data flow offered by blockchain technology could facilitate faster and more reliable credit rating processes. Moody's steps in this direction highlight the adoption of technological innovations in crediting procedures. Solana has long been recognized as one of the blockchain platforms known for its fast transaction capabilities and low transaction fees. Moody's preference for this technology marks a significant development in the integration of blockchain with traditional finance, also serving as positive publicity for Solana and offering a promising glimpse into its future. Blockchain and Transparency Blockchain-based credit ratings can prevent information asymmetry thanks to the transparency provided by distributed ledger technology. Moody's proof-of-concept offers crucial data on the practical application of these technological innovations. Institutional investors and market regulators are seeking new systems to ensure that digital financial tools are both transparent and reliable. Moody's experiment is regarded as a cornerstone in the digital transformation of the credit rating sector. Moody’s spokesperson:... --- ### U.S. Justice Department Charges Russian Executive in Major Crypto Money Laundering Scheme - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/u-s-justice-department-charges-russian-executive-in-major-crypto-money-laundering-scheme/ - Categories: Cryptocurrency Law U.S. DOJ accuses Russian crypto executive of $500M money laundering. Gugnin allegedly used Evita and stablecoins to bypass Russian sanctions. The case highlights the challenge of crime in evolving crypto landscapes. The U. S. Department of Justice (DOJ) has accused Iurii Gugnin, a Russian national and executive of a cryptocurrency company, of laundering over $500 million through American banks and crypto asset platforms. Residing in New York, Gugnin allegedly used his crypto payment company, Evita, to circumvent sanctions imposed on Russia. Authorities assert that these charges highlight the ongoing battle against the misuse of cryptocurrencies. Crypto Case Unveils Dark Practices According to the DOJ, Gugnin orchestrated fund transfers from sanctioned Russian banks via the company Evita. It is alleged that foreign clients widely sent these funds to Gugnin in stablecoins, particularly USDT. Further allegations state that Gugnin stored USDT in crypto wallets and U. S. bank accounts before converting them into USD or other legal currencies. It is also suggested he conducted money transfers on behalf of foreign clients using bank accounts in Manhattan. Cryptocurrencies have gained notoriety as a vehicle for money laundering. Despite their traceability through blockchain, they still serve as an appealing alternative for criminals, making it comparatively easier for authorities to track illicit activities. Continuing the Fight Against Crime Gugnin is accused of concealing the source of funds using his company while providing false information to banks and crypto exchanges. Consequently, he faces penalties for violating U. S. economic sanctions and export controls. Though Trump supports cryptocurrencies, this does not equate to tolerance for associated crimes. Statements from the SEC, FBI, CFTC, and other agencies emphasize a robust fight against crime alongside innovation support. U. S. officials... --- ### BlackRock Sets Sights on Becoming the Leading Crypto Asset Manager by 2030 - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/blackrock-sets-sights-on-becoming-the-leading-crypto-asset-manager-by-2030/ - Categories: Technical Analysis Institutional acceptance of cryptocurrencies continues to grow, despite challenges. BlackRock targets becoming the largest crypto asset manager by 2030. Geopolitical tensions impact altcoin markets, with expert analyses suggesting strategic positions. Despite numerous challenges, the institutional acceptance of cryptocurrencies is robustly growing. ETF inflows remain strong, and the Bitcoin $ reserves of newly public companies are expanding. Furthermore, trillion-dollar asset giants are also filing ETF applications for various altcoins. What goals has BlackRock set for itself today? What can investors expect? 2030 Crypto Asset Goal Managing over $10 trillion in assets, BlackRock holds the title of the world's largest asset manager. Individual investors, funds, institutions, banks, and many others invest through BlackRock. Noticing the opportunities in cryptocurrency during 2023, BlackRock applied for a BTC ETF and received approval within a year. Following this, they applied for an ETH ETF and received approval, adding billions of dollars in cryptocurrencies to their reserves on behalf of their clients. In today’s announcement, they spoke about their aim to become the largest crypto asset manager by 2030. This detail is significant, reflecting the company's long-term expectations for cryptocurrencies. The statements, which indicate BlackRock's potential to offer more alternative crypto investment products to clients, are very positive for the future of Bitcoin and altcoins. LINK Coin and Solana (SOL) Due to tensions with Iran, altcoins are experiencing a downturn today. When this text was prepared, Iranian officials had commented, “If Israel attacks, they will face a more severe and destructive response than before. ” Iran, violating the nuclear agreement and failing to meet its obligations, wants to prevent its civilian uranium enrichment efforts from being blocked. Meanwhile, Trump called back his personnel from the Middle East... --- ### SEC Blocks DeFi Development Corp's Ambitious $1 Billion Solana Bid - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/sec-blocks-defi-development-corps-ambitious-1-billion-solana-bid/ - Categories: Solana (SOL) The SEC denied DeFi Development Corp's $1 billion registration for Solana investment. Major document deficiencies, including missing Form 10-K reports, triggered the rejection. The SEC's decision demands stricter preparation for large-scale crypto investment plans. The United States Securities and Exchange Commission (SEC) has rejected DeFi Development Corp's registration application for a $1 billion fundraise, which was intended for investment in Solana $ (SOL). The rejection was due to certain documentation deficiencies, as explained by the SEC. The commission emphasized the necessity for complete and compliant submissions to ensure market integrity and investor protection. Solana-Related Developments The key reason behind the rejection of the application was the absence of the internal control report that should have been included in Form 10-K. The SEC highlighted the significance of full adherence to prevailing regulations. According to DeFi Development Corp's plan, the raised capital was aimed at being directed towards the Solana network. During the registration process, it was stressed that large-scale financial movements should adhere to legal procedures, prioritizing investor protection. The SEC's meticulousness in this regard is well-recognized and this setback has disappointed Solana investors. DeFi Development Corp’s investment plans, articulated in the application, had captured attention. Unlike many other companies financing Bitcoin $ purchases through debt issuance, this company focused on acquiring Solana. Consequently, the multi-billion-dollar strategy stirred excitement among investors. However, the substantial move intended to echo trends like Bitcoin and Ethereum $ treasuries has yet to succeed. Missing Documents in Application To safeguard financial transparency and accountability in markets, the SEC conducts scrupulous reviews of registration applications. When it comes to high-value financial plans and investments, the focus is on complete control reports and financial audits. Upon identifying Form 10-K deficiencies, the application... --- ### Global Tensions Rock Cryptocurrency Markets - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/global-tensions-rock-cryptocurrency-markets/ - Categories: Cryptocurrency News Bitcoin fluctuates as global tensions influence investor behavior. US-China agreements and Middle Eastern tensions impact market trends. Key crypto developments include GameStop's moves and Ethereum's inflows. Over the past 24 hours, Bitcoin $'s price has fluctuated between $110,392 and $107,296, with the price lingering near $107,400 during the composition of this text. This downward trend reflects the rising global tensions, especially in the Middle East, driving investors towards selling. This article delves into crucial developments within the cryptocurrency sector this week, highlighting aspects investors should not overlook. US-China and Middle East Dynamics Any global development impacting cryptocurrency charts directly concerns these digital assets. Recent tensions, including tariffs and potential escalations in the Middle East, have significantly influenced the markets. Notably, an agreement reached between the US and China in London was confirmed by Trump, with the implementation of a 55% core tariff, integrating prior 10% tariffs, 20% related to fentanyl, and 25% from an earlier phase, set to remain unchanged. Trump and Xi are expected to finalize this agreement in the coming days. Developments in the Middle East are at the heart of today's cryptocurrency downturn. Increased tensions followed the US starting to withdraw diplomatic personnel from the region after stalled nuclear negotiations. Additionally, reports of Washington warning of a possible Israeli attack on Iranian nuclear facilities have driven a sharp rise in oil prices by 7-9%, further influencing risk market declines. Understanding Cryptocurrency Developments US Treasury Secretary Scott Bessent discussed the tariff pause potentially extending beyond its initial July 8-9 end date due to incomplete negotiations. Responding to speculation about his future role as the Fed Chairman, Bessent confirmed his intention to serve until his... --- ### Altcoins Defy Turmoil to Indicate a Bold Bullish Shift! - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/altcoins-defy-turmoil-to-indicate-a-bold-bullish-shift/ - Categories: Technical Analysis Bitcoin faces a familiar decline amid geopolitical tensions, yet optimism persists. Ethereum's recent price surge rekindles hopes for a bullish altcoin market. Key economic indicators and trends hint at potential market growth avenues. The decline in Bitcoin (BTC) $ prices is reflecting a familiar scenario as geopolitical tensions cause uncertainty in markets. With speculations of a potential Iranian offensive hiking oil prices, cryptocurrencies are witnessing significant dips. Yet, optimism remains high among analysts who envisage continued price surges. Notably, attention is shifting towards altcoins, conveying interesting outlooks for the crypto space. Altcoin Rally Beckons Ethereum (ETH) $ price has broken past the $2,800 mark after a prolonged sideways movement, rekindling hope among investors. This movement is considered a significant signal hinting at a bullish trend anticipated in the summer. Despite the surprise pressure from Iranian developments, there is a bullish sentiment resonated by analysts observing the "TOTAL3" market cap chart excluding the major cryptocurrencies. The chart indicates the beginning of a massive rally, poised to regain its all-time highs. A shared ETH chart further emphasizes this optimism, suggesting that the ETH price may again test and possibly surpass the $3,000 threshold. This burgeoning phase reflects a relentless attempt by Ether to maintain its upward trajectory, despite previous highs. Are Cryptocurrencies Nearing their Peak? Historical data, while not infallible, often stands validated over time. Indicators do not yet signal that Bitcoin has reached or surpassed its peak. Despite market anxieties, BTC prices closing above $107,000 endure. Analyst Jelle highlights the MVRV-Z score index, signifying room for continued Bitcoin ascent, with no imminent signs of peaking. The upcoming U. S. Producer Price Index (PPI) data slated for release at 15:30 today brings anticipations of hitting... --- ### Stablecoins Drive Massive Potential in Global Cryptocurrency Markets - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/stablecoins-drive-massive-potential-in-global-cryptocurrency-markets/ - Categories: Cryptocurrency News Stablecoins are anticipated to reach a market value of 2 trillion by 2028. This growth indicates stronger liquidity and increased interest in cryptocurrencies. Traditional financial giants are actively participating in the stablecoin sector. Today's primary concern involves a potential strike on Iran and the withdrawal of U. S. personnel from the region, which has heightened geopolitical risks, adversely affecting the short-term outlook. However, the U. S. Secretary of the Treasury has a long-term perspective, highlighting the significant potential of stablecoins, which could surpass the trillion-dollar mark, an advantageous development for the broader cryptocurrency economy. Forecast for 2028 in Cryptocurrency For the first time in history, stablecoins have exceeded a valuation of a quarter billion dollars. As cryptocurrencies witness unprecedented growth, stablecoins concurrently gain strength. The U. S. Secretary of the Treasury anticipates even greater milestones will be reached. In his Senate testimony, U. S. Treasury Secretary Scott Bessent predicted that the total market value of stablecoins could reach 2 trillion dollars by 2028. This statement came after the Senate Appropriations Committee approved the GENIUS Act, suggesting that the U. S. might provide robust governmental support for stablecoins as a matter of policy. Such speculation is justified as stablecoins naturally generate demand for U. S. bonds. "I believe that legislation backed by U. S. Treasury or T-bills will create a market expanding the usage of the U. S. dollar worldwide. Two trillion dollars is very reasonable, and I believe the figure could be much higher. Throughout the history of the U. S. dollar as the reserve currency, many assumed it would lose its status, but a new mechanism to reinforce it has always emerged. " Trump aims to have stablecoin legislation on his desk... --- ### GameStop Secures Funds for Bold Bitcoin Acquisition - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/gamestop-secures-funds-for-bold-bitcoin-acquisition/ - Categories: Bitcoin News GameStop plans to raise $1.75 billion after acquiring Bitcoin recently. Speculations suggest funds will be directed towards further Bitcoin purchases. This move reflects growing institutional interest in cryptocurrency investments. In a significant strategic move, gaming giant GameStop has initiated discussions with stakeholders to raise a substantial $1. 75 billion following a major Bitcoin $ acquisition in the past 24 hours. Although the company has yet to clarify the intended use of these funds, industry insiders speculate that the money will likely be directed towards further Bitcoin purchases. This aligns with recent trends where corporations leverage digital assets to bolster their financial standing. New Bitcoin Acquisition GameStop has announced plans to accumulate funds through convertible bonds. This financing method gives investors the right to convert bonds into stocks at a set period, thereby providing the company with large-scale capital. Whether these funds are directly linked to the Bitcoin acquisitions that have been in the spotlight recently remains uncertain. The main reason behind GameStop's move into Bitcoin is its resilience in crisis scenarios. However, the deeper motivation is inspired by the strategy of MicroStrategy, which saw its stock soar with significant BTC acquisitions, surpassing even dot-com bubble levels. This successful model is influencing other public companies to create Bitcoin reserves to stimulate share demand. Notably, Metaplanet in Japan quickly transformed from a million-dollar to a billion-dollar company thanks to Bitcoin. Media sources anticipate a large portion of the raised capital to be allocated to Bitcoin investments. Nevertheless, GameStop has yet to officially confirm such a decision in its public statements. GameStop’s official statements indicate that the company is meticulously monitoring market conditions with the aim of increasing its value. GameStop officials... --- ### Ripple Targets Bold Moves to Regain Momentum in Crypto Landscape - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/ripple-targets-bold-moves-to-regain-momentum-in-crypto-landscape/ - Categories: Ripple (XRP) XRP Coin aims to regain market traction after winning a long legal battle. Ripple targets a significant share of SWIFT's market with blockchain advancements. Geopolitical tensions and legal proceedings impact XRP Coin's market performance. With its legal struggle behind it, XRP Coin, one of the biggest altcoins by market value, is now turning its focus toward potential growth and building its ecosystem. Ripple $ aims to recover the time lost during its battle with the Securities and Exchange Commission (SEC). The acceptance process for an Exchange-Traded Fund (ETF) is currently underway, further elevating market anticipation. So, what are the expectations of Ripple's CEO? Ripple Developments Blockchain infrastructure is proving highly advantageous for payment services and is already being embraced by major players in the industry. Currently, SWIFT is recognized as the largest competitor in global payment infrastructure and is also working on crypto-based solutions. Addressing the audience at the XRP Ledger Apex 2025 event in Singapore, Ripple's CEO expressed confidence that they could capture a significant portion of SWIFT’s market share within five years. “SWIFT has two components today — messaging and liquidity. Liquidity belongs to the banks. I believe liquidity is more crucial than messaging. If you provide all the liquidity, it benefits XRP. So, in five years, I would say 14%. ” Achieving such a share would translate into a wider application and possible price surge for XRP Coin. Transaction costs through SWIFT can reach up to 20-30 dollars, whereas on the XRPL network, this is less than 0. 01 dollar. On networks like Solana $, the cost is nearly zero. However, SWIFT is not standing still; it is set to actively integrate blockchain through the upcoming ISO 20022 upgrade in November... --- ### Bitcoin Keeps Price Enthusiasts on Edge with Tension Rising - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/bitcoin-keeps-price-enthusiasts-on-edge-with-tension-rising/ - Categories: Cryptocurrency News Bitcoin drops to $107,320, sparking analyst predictions. Vital levels need holding for cryptocurrency stability. Stablecoin developments bring hope for a broader crypto adoption. The Bitcoin $ price has faced a decline, moving away from the $110,000 mark and dipping to $107,320. Although inflation reports and an agreement with China had offered motivation, geopolitical tensions have surfaced due to Iran's aggressive statements and the U. S. withdrawing personnel from the region. What do cryptocurrency analysts predict amidst these developments? Bitcoin and Altcoins Struggle Altcoins started the day with an approximate 4% loss, and Bitcoin has yet to reclaim the $107,800 level. It’s crucial for Bitcoin to hold this key level to maintain a bullish structure this week. However, analyst Ali Martinez suggests that more is required; otherwise, Bitcoin might see a decline to $107,000. “BTC needs to stay above $108,300 to sustain its upward momentum. Losing this level might trigger a drop to $107,000! ” AltcoinSherpa, another pseudonymous analyst, cited examples like POPCAT and WIF Coin, referring to the risk of facing new losses between 30-50%. For instance, the chart below indicates POPCAT’s price at $0. 34. “A decision moment is approaching for these cryptocurrencies (WIF, POPCAT, etc. ); this might just be a lower peak. Everything depends on Bitcoin. If it surpasses peaks, new highs can be seen in these coins. However, if it doesn't, WIF and POPCAT-like altcoins could witness 30% to 50% losses. ” Summer Outlook for Cryptocurrencies Issues related to tariffs need significant resolution by July and preferably within the first weeks of the new month. U. S. officials stated that the agreed-upon rates with China will remain unchanged, indicating... --- ### Crypto Market Faces Volatility as Key Players Make Influential Moves - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/crypto-market-faces-volatility-as-key-players-make-influential-moves/ - Categories: Cryptocurrency News Bitcoin's decline triggers broader market losses in altcoins like AVAX and ADA. G7 summit could resolve tariff issues, influencing market sentiment positively. Significant ETF inflows, especially in ETH, suggest strong interest from institutions. In recent developments, the leading cryptocurrency, Bitcoin $, has experienced a downward shift, creating ripples across the digital currency landscape. Investors are eagerly anticipating announcements regarding tariffs at the G7 summit, which could potentially influence market direction. Bitcoin is currently valued at $107,600. Meanwhile, altcoins such as AVAX and ADA are experiencing losses approaching 5% as the trading day progresses. The current status of cryptocurrency ETFs remains a topic of keen interest among market participants. Forecasts for Cryptocurrencies As the day unfolds, significant statements are expected from European Central Bank officials, potentially affecting crypto prices based on perceived opportunities. Later in the day, the United States is set to release producer inflation data, with a forecasted headline PPI increase of 2. 6%, up from the previous month's 2. 4%. Such an increase may signal negatively for personal consumption expenditure data due at the month's end, potentially leading to market declines before the U. S. market opens. No major developments are expected Saturday. However, the G7 summit, scheduled for June 15-17, presents an opportunity for countries to solidify tariff agreements with the United States. With resolutions reached with China, many nations are optimistic about reaching a consensus with the U. S. , potentially fostering a constructive environment. As the day progresses, any continuation of Bitcoin closing below $107,800 might trigger further losses in altcoins. In the Middle East, details of emerging developments remain unclear. Explicit statements from U. S. officials regarding their concerns could either alleviate or amplify the apprehensions surrounding... --- ### Crypto Prices Plunge as Geopolitical Tensions Escalate - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/crypto-prices-plunge-as-geopolitical-tensions-escalate/ - Categories: Cryptocurrency News Bitcoin price dropped nearly 2% amidst Middle Eastern tensions. Geopolitical events influenced oil prices, causing market fluctuations. Potential crypto market recovery hinges on reduced tensions and stability. In the last 24 hours, Bitcoin (BTC) $ has experienced nearly a 2% decline, against a backdrop of rising geopolitical tensions in the Middle East. Despite the resolution of tariff-related issues, the cryptocurrency market suffered losses as conflicts intensified in the region. How does the future look for Bitcoin and altcoins? Market Reaction to Middle East Tensions The United States announced preparations for a partial evacuation of its embassy in Iraq due to security risks. Following this, oil prices saw a significant increase of nearly 5%, accompanied by warnings from countries like the UK regarding the Gulf region. Despite the market downturn, detailed explanations regarding the evacuation plan remain undisclosed. The UK Maritime Trade Operations (UKMTO) advised vessels to exercise caution when navigating the Gulf, the Gulf of Oman, and the Strait of Hormuz due to escalating tensions. Concurrently, reports emerged about the Iranian military being placed on high alert, highlighting the volatile atmosphere. The rationale behind the U. S. 's request for non-essential personnel and their families' withdrawal from Iraq, Bahrain, and Kuwait is unclear; however, the risk of a conflict with Iran persists. Despite tense periods, Iran's aggression has occasionally been downplayed with minor drone deployments and failed missile launches. Notably, Iran was previously mocked for allegedly waiting for U. S. market closures on Fridays before launching attacks. Potential for a Recovery in Crypto Markets If the evacuations reveal no new threats and the primary concern remains intelligence on potential Iranian attacks, markets might recover. Iran's previous actions... --- ### Paul Tudor Jones Urges Caution as U.S. Faces Debt Crisis - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/paul-tudor-jones-urges-caution-as-u-s-faces-debt-crisis/ - Categories: Cryptocurrency News Paul Tudor Jones highlights financial constraints and debt issues in the U.S. Jones suggests Bitcoin and gold as essential assets amid rising inflation. Potential political changes could impact U.S. interest rates soon. American billionaire and hedge fund manager Paul Tudor Jones has brought attention to the financial challenges and increasing debt levels in the U. S. He recently emphasized that the country is financially constrained, suggesting that this situation may necessitate specific strategies for investors in the upcoming years. Debt Dilemma in the U. S. Economy In an interview with Bloomberg, Jones highlighted the U. S. government's entrapment in a debt vortex. He proposed that policymakers might resort to keeping interest rates below inflation to alleviate the government's obligations. This approach could potentially offer investment advantages to those who consider the changing economic conditions. According to Jones, the impending policies will require investors to adapt their portfolios to the new economic environment. He indicated that anticipated policy actions are clear, providing opportunities for investors to gain an edge. Bitcoin and Gold as Key Assets Jones also made predictions about asset preferences in portfolios amid rising inflation. He asserted that alongside stocks, gold and Bitcoin $ will take a prominent place for investors, serving as a hedge against inflation. This combination, Jones suggested, may be the ideal portfolio in the face of potential market volatility. Jones envisions that the best portfolio in the coming years will be risk-balanced, comprising Bitcoin, gold, and equities. He anticipates challenges for traditional investments due to the current U. S. debt policy. Potential Political and Economic Developments Jones speculated about the potential appointment by Donald Trump of a dovish chair to the Federal Reserve, which could aim to... --- ### SEC's Paul Atkins Supports Direct Cryptocurrency Ownership - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/secs-paul-atkins-supports-direct-cryptocurrency-ownership/ - Categories: DeFi News Paul Atkins supports direct crypto asset custody as a fundamental blockchain feature. He criticizes previous SEC regulations for hindering tech development. Atkins advocates for fewer restrictions and greater flexibility in crypto ownership. The new Chairman of the United States Securities and Exchange Commission (SEC), Paul Atkins, has expressed his support for the direct custody of cryptocurrency assets. Upon recently assuming his role, Atkins spoke at the Decentralized Finance Round Table Meeting organized by the Commission's Crypto Task Force. In his speech, Atkins emphasized that the ability to hold one’s assets in personal crypto wallets is a fundamental feature of blockchain technology. DeFi Statements Atkins highlighted that the right to store one's crypto assets in a decentralized wallet is an essential component of private ownership protection in the US. He explained that using personal crypto wallets empowers individuals to conduct transactions without intermediary institutions, fostering innovation in the process. Atkins also noted the importance of reducing unnecessary transaction costs associated with intermediaries and ensuring participants are not harmed in on-chain activities like staking. The newly appointed SEC Chairman criticized regulations from the previous chairman's tenure for hindering the development of crypto wallet technology. He argued that developers of such technologies should not be accused of intermediary activities because they publish software code. Good Riddance, Gensler! Atkins' statements sharply contrast with the approach of former SEC Chairman Gary Gensler. During Gensler’s tenure, the SEC imposed severe sanctions on several prominent firms in the crypto asset sector. Lawsuits were filed against companies like Binance, Kraken, Coinbase, Ripple $, Uniswap Labs, and Consensys, leading to contentious legal processes. However, all these cases were closed or set to be closed after Gensler's departure in January. Atkins voiced... --- ### Stripe Expands Crypto Horizons with Bold Acquisitions - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/stripe-expands-crypto-horizons-with-bold-acquisitions/ - Categories: Cryptocurrency News Stripe acquires Privy and Bridge to integrate crypto solutions into payment systems. The acquisitions aim to enhance accessibility and streamline global financial transactions. Stripe's proactive approach is reshaping traditional financial frameworks through crypto assets. Stripe, a prominent player in the financial technology sector, has made significant strides into the cryptocurrency ecosystem through two strategic acquisitions. This expansion marks a vital step in Stripe's ongoing commitment to integrating crypto solutions within its payment infrastructure. Following the earlier billion-dollar deal to acquire Bridge, Stripe has now added crypto wallet provider Privy to its portfolio. Opening the Door to Cryptocurrency To bolster its offerings, Stripe recently acquired Privy, a cryptocurrency wallet provider, aiming to integrate crypto-based solutions with its existing payment infrastructure. Privy will continue to operate as an independent product, with an emphasis on accelerating innovation and enhancing user experience. This move is part of Stripe’s strategic effort to broaden its range of services associated with crypto assets. The integration of Privy into Stripe's operations is expected to spur investment in crypto wallet technologies and user experiences, allowing users and businesses quick access to next-generation financial tools. This acquisition is set to differentiate Stripe's current payment and money transfer services through seamless crypto wallet integration. Growth in the Stablecoin Sector: The Bridge Acquisition In another significant move, Stripe has acquired Bridge, a company known for issuing the stablecoin USDB, pegged to the US dollar. This stablecoin is backed by a combination of cash and money market funds, enabling businesses to fully engage with cryptocurrencies. The merger aims to provide businesses everywhere with effective digital dollar solutions. The acquisition of Bridge signals Stripe’s intent to enhance global payment efficiency through stablecoins, potentially leading to faster international transactions... --- ### Peter Schiff Admits Regret Over Missing Bitcoin Boom - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/peter-schiff-admits-regret-over-missing-bitcoin-boom/ - Categories: Cryptocurrency News Peter Schiff reflects regret over not investing in Bitcoin earlier. His traditional gold advocacy contrasts Bitcoin's growing acceptance. Schiff's stance fuels ongoing debates in economic circles. Peter Schiff is renowned as an economist with a critical stance on cryptocurrencies. Known for advocating gold as a store of value, Schiff had consistently viewed Bitcoin $ with skepticism. However, the recent significant increase in Bitcoin's price seems to have prompted Schiff to reassess his position on the matter. The Gold Bug's Bitcoin Regret In light of the recent rise in Bitcoin prices, Peter Schiff reflected on his past positions on the digital currency. He has long maintained a distant attitude toward Bitcoin. Yet, following this surge, Schiff expressed regret for not investing when Bitcoin first captured his attention. Peter Schiff: "I regret not investing when I first heard about Bitcoin. " The regret arising from Bitcoin’s growth stands in contrast to Schiff's previous statements. Known for his criticisms of Bitcoin, Schiff’s declaration raised the question of whether his general perspective on crypto-assets has shifted. Peter Schiff stands out as a proponent of investing in gold in international markets, earning him the nickname "gold bug. " Despite the rise in Bitcoin prices, it is known that Schiff's fundamental doubts about the reliability and long-term value of cryptocurrencies persist. His skepticism towards Bitcoin remains intact. This skepticism is partly attributed to the frequent volatility in crypto markets and the lack of regulation, though this issue is expected to be addressed globally even with challenges such as those posed by Trump. Crypto Skepticism Bitcoin’s price increases have sparked debates not only among investors but also within the economic sphere. Schiff's comments... --- ### Morgan Stanley Predicts New Peaks for the S&P 500 - Published: 2025-06-12 - Modified: 2025-06-12 - URL: https://en.coin-turk.com/morgan-stanley-predicts-new-peaks-for-the-sp-500/ - Categories: Cryptocurrency News Morgan Stanley predicts S&P 500 reaching record highs within the next 12 months. A 8% increase in the index by 2026 is expected due to macroeconomic developments. Weaker dollar and positive earnings could bolster the S&P 500's performance. Morgan Stanley, a leading U. S. -based investment bank, has provided an optimistic outlook for the S&P 500 Index. According to their assessment, the likelihood of the index dropping to its April lows is minimal. In fact, they predict that the S&P 500 could reach new record highs within the next 12 months. This positive forecast contrasts with previous concerns about potential recessions. 2025 Economic Forecasts Andrew Sheets, Global Head of Cross-Asset Strategy at Morgan Stanley, suggested in a CNBC interview that the S&P 500 Index might appreciate by around 8% by 2026. This increase is attributed to anticipated favorable developments in the macroeconomic environment. Although inflation might see a slight rise and economic growth could decelerate, the market expectations are aligned with these scenarios. Additionally, Sheets noted the beginning of positive revisions in company earnings. Previously, the index had factored in the possibility of a recession. April's lows reflected the broader downward risks that had materialized. Therefore, a more optimistic momentum is expected in the coming period. Another key point highlighted by Sheets is the weakening of the U. S. dollar. A weaker dollar could positively impact company earnings, which would, in turn, support the index. These predictions also favor cryptocurrencies, as markets, led by Bitcoin $, have been performing in parallel with U. S. technology stocks. Fed Projections Sheets anticipates that the U. S. Federal Reserve (Fed) may reduce interest rates in the next 12 months. He believes that the recession risk remains low, and the market has... --- ### US Accelerates Crypto Regulations in a Bid for Financial Security - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/us-accelerates-crypto-regulations-in-a-bid-for-financial-security/ - Categories: Cryptocurrency Law US crypto regulations are advancing after prolonged delays. GENIUS Act mandates full backing of stablecoins with liquid assets. GENIUS and STABLE bills are progressing through legislative processes. The much-anticipated crypto regulations in the United States are finally gaining momentum after years of delay. Following the 2022 FTX collapse, the Biden administration has consistently underscored the urgent need for establishing crypto regulations. Despite facing months of resistance, primarily from Republicans, the proposed cryptocurrency law is on the verge of approval, marking a significant milestone. US Cryptocurrency Legislation The GENIUS Act, previously detailed numerous times, is a key component of the newly formulated US Senate regulations on stablecoins. Parallel efforts are also ongoing in the House of Representatives, where voting on the National Innovation Steering and Establishment Act, known as GENIUS, concluded with a favorable outcome of 68 to 30 votes. Senate Banking Committee Chairman Tim Scott described the legislation as an essential victory for both innovation and US interests. New York Senator Chuck Schumer, Minnesota Senator Amy Klobuchar, and Massachusetts Senator Elizabeth Warren predictably voted against the act. However, it garnered support from Democratic Senators in Arizona and other states, indicating bipartisan collaboration. GENIUS Act Provisions The GENIUS Act mandates that stablecoins be fully backed by US dollars or liquid assets, aiming to prevent scenarios similar to the UST debacle and unbacked stablecoin issuance. The legislation also introduces annual audits for issuers exceeding a market capitalization of $50 billion, affecting entities like Tether. Despite Tether's non-US base, it will be regularly audited, significantly enhancing trust in cryptocurrencies. Progressing Through Legislative Hurdles The legislative process is advancing with an impending final vote. Former President Trump previously desired the crypto... --- ### Cryptocurrency Market Surges: Bitcoin Holds Steady as Ethereum Gains and Solana Awaits ETF Approval - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/cryptocurrency-market-surges-bitcoin-holds-steady-as-ethereum-gains-and-solana-awaits-etf-approval/ - Categories: Technical Analysis Bitcoin holds steady while Ethereum breaks critical levels, drawing increased investor interest. Solana pushes through volatility, boosting expectations with potential ETF approval on the horizon. AAVE remains a promising DeFi option, benefitting from Ethereum’s recent strength. Bitcoin (BTC) $ remains steady near $109,000 after hanging around $110,000 throughout the day. In positive news, Donald Trump has announced the completion of a deal with China, providing a further boost. Additionally, encouraging consumer price index (CPI) data has come just in time supporting prospects for interest rate cuts. Producer price index (PPI) data is set to be released tomorrow, followed by the personal consumption expenditures (PCE) index, expected to stir the market by the end of the month. Ethereum (ETH) The price of Ethereum $ has finally surpassed $2,800, reaching $2,832 at the time of writing. This is crucial for the ETHBTC pair, as investor risk appetite may increase with daily closures above this level. We will also monitor developments in the ETF sector; despite ongoing discussions with China, consistent net inflows persist. If this momentum picks up further, it could signal a thriving altcoin season. Crypto analyst Lark Davis, in his recent commentary, highlighted that several indicators point to a continued upward trend for Ether. "Ethereum currently offers a major trading opportunity. Trading volumes are increasing, and it displays unique strength against Bitcoin. Rumors of significant buying by whales have surfaced. Technical indicators resemble Bitcoin closely—RSI isn't overbought yet, the MACD is experiencing a bull crossover, and the Stochastic Oscillator is rising, but hasn't peaked. Everything looks great. " Solana (SOL) and AAVE We recently learned that the SEC requested S-1 form updates for SOL ETFs, which might indicate approval within 2-3 weeks. If Solana $ were... --- ### Get Details on the US-China Agreement Shaping Crypto Trends - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/get-details-on-the-us-china-agreement-shaping-crypto-trends/ - Categories: Cryptocurrency News The US-China tariff talks influence the cryptocurrency market significantly. Anticipated agreements may reduce uncertainties and stabilize trends. Bitcoin aims for new highs while altcoins may see relief rallies. For cryptocurrency enthusiasts, recent tariffs have a more significant impact than industry advancements. Fluctuations of thousands of dollars are driven by tariff developments, becoming the primary focus in the crypto space. Over the past six months, investors have incurred losses due to tariff-related announcements. But what can be gleaned from the London discussions? US-China Agreement Although no signatures have been made yet, Trump indicated a promising agreement. The London process serves as an opportunity for normalization with China. Informed sources suggest that China might make the anticipated move on rare earth elements. However, export licenses will be subject to a six-month restriction. This means that uncertainties for American industry giants have not been entirely removed, and China seems keen on maintaining leverage. So, what will the US do in return? It will continue sending parts related to jet engines and products such as ethane, which play a crucial role in plastics production, to China. Previously, the US had decided to impose restrictions on these items. As a result of the London process, China will promptly approve licenses for rare earth elements to US companies. Expectations are that the process will conclude within a week. The delay in the rare earth elements license, agreed upon in the Geneva meeting, has been resolved. Meanwhile, the US easing its restrictions can be seen as an effort from both parties to "navigate the process with minimal losses. " Despite China potentially using license renewals as leverage in six months, such balancing nuances are not... --- ### Exciting Altcoin Developments Shake Up the Crypto Market - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/exciting-altcoin-developments-shake-up-the-crypto-market/ - Categories: Altcoin News Coinbase announced the listing of three new altcoins. Immediate price increases were observed for CAKE, FARTCOIN, and SQD. New listings suggest broader market engagement and evolving crypto trends. The resurgence of altcoins is becoming more pronounced, with listing announcements growing in significance. Should Ethereum (ETH) $ break past the $3,000 mark, we might better notice the liquidity influx's impact on price charts due to recent listings. Just minutes ago, Coinbase made an announcement about listing three altcoins, inciting curiosity and speculation amongst traders. New Altcoin Listings Announced Coinbase, the largest U. S. -based cryptocurrency exchange by trading volume, has revealed its decision to list three new altcoins. Given that over 50 million Americans are already involved in cryptocurrency investing, the listings on Coinbase, a publicly traded company, carry considerable weight and influence in the market. After thorough evaluations, Coinbase announced the listing for CAKE and SQD. The PancakeSwap (CAKE) listing is scheduled to take place tomorrow around the same time. If liquidity conditions are met, Subsquid (SQD), which operates on the Arbitrum network, will also start trading tomorrow. At the time of writing, Solana $-based FARTCOIN was mentioned as the third cryptocurrency to be listed. Following the announcement, CAKE Coin experienced a 5% increase, FARTCOIN rose by 6%, and SQD gained 12%. These immediate price movements highlight the pronounced effect that listing announcements can have on the value of cryptocurrencies. Market Reactions and Future Implications Such announcements often spark excitement and can lead to short-term price volatility, attracting both investors and traders aiming to capitalize on potential profits. The immediate response by both CAKE and SQD coins following the listing news underscores this tendency. The case of FARTCOIN... --- ### Ethereum Prices Surge as Analysts Predict Breakthrough Targets - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/ethereum-prices-surge-as-analysts-predict-breakthrough-targets/ - Categories: Ethereum (ETH) Altcoin investors keep a close watch on Ethereum's price charts. Analysts predict Ethereum's price targets due to market optimism. Positive factors support a potential uptrend in cryptocurrency prices. Enthusiasm is building among altcoin investors as they closely monitor the Ethereum (ETH) $ price charts, awaiting a potential return above the $3,000 mark to heighten risk appetite. Concurrently, Bitcoin (BTC) $ has closed above the six-figure price mark for 30 days straight. Additionally, a new significant agreement with China and core inflation data coming in below expectations have contributed positively to this bullish sentiment. Analysts are actively sharing their ETH price predictions as the cryptocurrency reaches previously unseen levels. Ethereum (ETH) Price Targets Bullet, an analyst who shared a chart while preparing his analysis, has highlighted a critical resistance point that has turned into a support level, fueling expectations for further rallies. According to Bullet, if ETH closes above the $2,700 mark and maintains this level, the next target could be $3,400. At the time of writing, Bitcoin is priced at $109,724. Another analyst, Washigorira, is also upbeat about Ethereum's trajectory. He has pointed out the expanding wedge structure on the weekly chart, suggesting that it sets the stage for a major bullish breakout. The wedge target is $4,200, and a peak above this level may not be far-fetched. Bitcoin, however, needs to remain strong. Each time BTC retreats, ETH weakens significantly, a scenario that investors hope to avoid. The price, currently just below an all-time high, presents a hopeful stance. Poppe provides insights into Bitcoin charts with a focus on altcoins, noting the importance of staying above $110,500 for a continued show of strength. ETHBTC and Altcoins Performance... --- ### Trump Leads America to Vibrant Economic Growth - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/trump-leads-america-to-vibrant-economic-growth/ - Categories: Cryptocurrency News U.S. inflation drops, aided by federal interest rate policy. Trump sees economic success, aiming for sustained growth. Cryptocurrencies poised for potential rise amid favorable policies. As U. S. Treasury Secretary prepares to speak in Congress, signals of normalization with China emerge. President Trump announces nearing the completion of an agreement, with BTC trading around the $110,000 mark. Core U. S. inflation numbers are better than expected, while a statement from the White House aligns with ongoing efforts to combat inflation. America Conquers Inflation In 2021, inflation, which had reached a record high, fell dramatically from above 9% to under 3%. This outcome was facilitated by the Federal Reserve's aggressive interest rate hikes and prolonged tight monetary policy. Yet, as inflation ascended, the Fed hesitated to raise rates promptly, much like its current delay in implementing rate cuts. Trump frequently chastises Powell as being "consistently late" and urges him to decrease interest rates. The White House's official website recently published an article titled "Under Trump, America is Conquering Inflation. " "President Donald J. Trump propels the nation into a new Golden Age of reduced costs, higher wages, and economic opportunities for all, as America conquers inflation. " Following Trump's inauguration, inflation numbers were below expectations, with significant dips in key figures like the PCE. Core inflation hit its lowest point since March 2021. "During President Trump's tenure, core inflation consistently stayed around 2. 0% annually—a level of stability in pricing not seen since the first Trump Administration. " Wages increased by 2% compared to the previous year. Notably, energy prices dropped by 1% last month, with an annual decline of 3. 5%. According to CNN's Matt... --- ### Bitcoin Surges as Global Liquidity Rises - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/bitcoin-surges-as-global-liquidity-rises/ - Categories: Cryptocurrency News Investors had a challenging first half of the year with weak altcoin performance. Global liquidity and interest rate policies impact Bitcoin and altcoin markets. Analysts predict significant growth for Bitcoin and Ethereum in the near future. In the first half of the year, investors struggled to achieve their desired outcomes. Led by Ethereum (ETH) $, altcoins remained notably weak. This situation mainly arose due to tariffs adversely affecting the Federal Reserve's interest rate policy. However, this phase is nearing its end, and investors are preparing for the last two quarters of 2025. Bitcoin and Global Liquidity Central banks in the EU, China, Canada, and the UK are cutting interest rates. In contrast, the Federal Reserve paused its rate reductions due to "potential major issues triggered by tariffs" and the "risk of reviving inflation. " The established rule in cryptocurrencies is that increased global liquidity and the Fed reducing rates trigger bull markets. While this rule seems stymied by tariffs, today’s agreement with China gives us optimistic prospects. Indeed, earlier today, analyst Jelle highlighted the strengthening global liquidity, suggesting that Bitcoin (BTC) $ should reach even higher peaks. "Global liquidity is continuing to rise, and Bitcoin is following suit. The target is now $150,000. If consolidation continues, we will see the rise persist," Jelle stated. As the chart illustrates, BTC is tracking global liquidity, albeit with some delay, with a continuing upward trend. The Fed eventually returning to rate cuts will likely propel BTC to new heights. Analyst Carl Moon pointed out a rising triangle on the hourly chart, suggesting that BTC could surpass $112,800. Should this region be breached, a movement towards $120,000 could extend, igniting the spark for FOMO. As BTC lingers around its previous... --- ### XRP Rises as Ripple Announces New Developments - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/xrp-rises-as-ripple-announces-new-developments/ - Categories: Ripple (XRP) The SEC lawsuit resolution brings relief to XRP Coin investors. Ripple is expanding its ecosystem with new financial developments. XRP Coin targets a price increase with positive market conditions. After years of distress caused by the ongoing lawsuit with the SEC, XRP Coin investors are finally experiencing relief. Ripple's new announcements signal the beginning of a new chapter as the ecosystem strives to expand, following necessary steps tardily. ONDO has provided a promising update regarding the XRPL, which holds significant implications for investors. Ripple Developments The XRP Ledger network showed its potential with the launch of RLUSD earlier this year. RLUSD has since reached a market value in the hundreds of millions, yet the pursuit of betterment continues. Ondo Finance, one of the leading players in the RWA field, has revealed its plans to extend tokenized money market funds to the XRP Ledger. Ondo Short-Term U. S. Government Treasuries, or OUSG, is an on-chain product that can be traded with RLUSD, Ripple's stablecoin. Since its inception in January 2023, OUSG has reached a market value of nearly $700 million and is one of the largest RWA tokens, following the funds of BlackRock and Franklin. This fund is among the pioneers of the trillion-dollar RWA narrative. Previously launched on Ethereum $, Polygon, and Solana $, the product's introduction to the XRPL network marks a strengthening position for Ripple $ in the RWA battle. Tokenized versions of real-world assets (RWA), which have already reached $23 billion, are anticipated to grow to trillions of dollars in the coming years, according to experts. XRP Coin Price At the time this article was prepared, XRP Coin was trading at $2. 33, rebounding from $2.... --- ### Explore the Surging Momentum of XRP Amidst Potential ETF Approval - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/explore-the-surging-momentum-of-xrp-amidst-potential-etf-approval/ - Categories: Ripple (XRP) XRP Ledger payment transactions surged 1300% in 24 hours. The increase links with ETF approval probability at 87%. Experts warn of possible short-term market fluctuations. In the last 24 hours, XRP Ledger experienced an incredible surge in payment transaction volume, marking a nearly 1300% increase. Data unveiled by the XRPScan platform highlights this unexpected rise as a significant development, capturing the attention of market observers. This remarkable growth coincided with the probability of an Exchange Traded Fund (ETF) approval for XRP reaching an impressive 87%. Experts suggest that this activity may denote increasing interest in XRP’s future and the potential for new advancements, while also cautioning about possible short-term fluctuations. XRP Ledger Transactions Reach Unprecedented Levels According to recent data from XRPScan, the total payment volume on the XRP Ledger network reached unprecedented levels over the past day. The platform pointed out, “There is a noticeable growth in payment volume on the XRP Ledger within the last 24 hours. ” This sharp increase has resonated within the digital currency market. The volume expansion has sparked intense discussions among investors and analysts regarding XRP's short-term price trajectory and overall market value. Some industry commentators approach the rapid rise with caution, questioning its sustainability and advising investors to closely monitor market movements. High ETF Approval Probability Heightens Investor Interest The timing of the transaction volume explosion aligns with the high probability of an XRP Exchange Traded Fund (ETF) approval, reaching 87%. Sector analysts emphasize that expectations for an ETF have significantly heightened interest and confidence in XRP among investors, notably from institutional players. The prospect of easier access to the cryptocurrency market through ETFs is seen as... --- ### Ukrainian Parliament Tees Up Cryptocurrency Addition to National Reserves - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/ukrainian-parliament-tees-up-cryptocurrency-addition-to-national-reserves/ - Categories: Cryptocurrency News Ukraine's Parliament proposes including cryptocurrency in national reserves. The proposal aims to enhance digital economy growth and macroeconomic stability. It places Ukraine's efforts within a broader global trend among nations. A legislation proposal has been introduced in the Ukrainian Parliament, aiming to enable the inclusion of cryptocurrency in the country's official reserves. Backed by eight Members of Parliament, the proposal seeks to authorize the National Bank of Ukraine (NBU) to hold cryptocurrencies along with gold and foreign exchange reserves. Spearheaded by Yaroslav Zheleznyak, Deputy Chairman of the Finance, Tax, and Customs Policy Committee, this proposal aspires to accelerate adaptation to global financial innovations and bolster the growth of the digital economy. If enacted, the proposal will offer the Central Bank the option to establish such reserves without mandating it. The Objectives of the Proposal In a statement on his personal Telegram account, Yaroslav Zheleznyak expressed hopes that this regulation will contribute to Ukraine's progress in the digital economy sector and enhance macroeconomic stability. Zheleznyak believes, "Proper management of crypto reserves could strengthen macroeconomic stability and create new opportunities for the development of the digital economy. " A central rationale behind the proposal is Ukraine's commitment to accelerating its integration with global financial innovations. Zheleznyak stressed that the proposal does not impose a definitive obligation on the Central Bank. Therefore, the NBU retains full autonomy over whether or not to maintain cryptocurrency as a reserve. This flexibility is deemed significant for managing a new and volatile asset class. Ukraine's Position in the Cryptocurrency Market and Global Trends Currently, Ukraine holds around 46,351 Bitcoins, valued at over $5 billion. However, official records indicate that these cryptocurrencies are not held in the state... --- ### Cryptocurrency Outlook: Will Inflation Stir or Stall Crypto Prices? - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/cryptocurrency-outlook-will-inflation-stir-or-stall-crypto-prices/ - Categories: Cryptocurrency News U.S. inflation and new tariffs could impact cryptocurrency prices. Core inflation held steady, opening possibilities for rate changes. Upcoming PCE data may dictate the cryptocurrency market’s July trajectory. Today hosts two major developments. The first, announced by Trump just minutes ago, involves significant international trade agreements. The second concerns the recently disclosed U. S. inflation data, which has caught the attention of cryptocurrency enthusiasts eager for ongoing market momentum. As altcoins experience increased pressure, questions arise: what does the inflation data signal for the future of cryptocurrencies? Impact of U. S. Inflation on Cryptocurrencies U. S. inflation surged to 9% following the pandemic-induced monetary expansion but has been tamed by the Federal Reserve’s assertive interest rate hikes. The Fed has consistently pursued a tight monetary policy in a bid to stabilize inflation around 2%, and noteworthy progress has been made. Headline inflation reduced to 2. 3% in April, with core inflation recently reported at 2. 88% last month. Despite this success, a global 10% tariff is expected to drive a temporary rise in inflation. Today, Trump announced an agreement with China leading to a total 65% taxation on trade, consisting of a 55% increase on top of the existing tariff. This will inevitably impact goods and services prices, potentially raising inflation, although declining fuel prices might mitigate this to some extent. Goldman Sachs projects core inflation to shoot up by 0. 35% over the coming months. Meanwhile, the Personal Consumption Expenditures (PCE) index, which is substantial for monetary policy decisions, will be released on June 27. Current Inflation Insights and Future Predictions Today's data reveals the following: U. S. Inflation Announced: 2. 4% (Expected: 2. 4%, Previous: 2.... --- ### Cryptocurrencies Rise as US-China Tensions Ease - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/cryptocurrencies-rise-as-us-china-tensions-ease/ - Categories: Cryptocurrency News US-China tensions over tariffs have eased, boosting Bitcoin prices. Ongoing negotiations yield positive updates, enhancing market confidence. Despite inflation risks, tariff adjustments aim to prevent recession. The price of Bitcoin (BTC) $ experienced a decline due to escalating tensions between China and the United States. However, this concern has now been alleviated, as a recent announcement from Trump has brought positive news. For the past two days, negotiations have been taking place between delegations, and yesterday evening, Lutnick stated that the meetings were going well. Subsequent reports indicated that the terms of the agreement had been clarified. Now, the ball is in China's court, and cryptocurrencies are on the rise. Cryptocurrency Market Surges For the past six months, the risk markets have been under pressure due to the potential escalation of tariffs into a global trade war and the threat of recession. However, the point has been reached where an agreement with China has been achieved, and Trump has hinted at potential resolutions with other partners. Trump shared one of the two major announcements of the day. “Our agreement with China is complete, pending Xi and my final approval. All necessary rare earth elements are to be supplied upfront by China. We receive a total tariff of 55%, while China receives 10%. Relations are excellent! Thank you for your interest in this matter! ” – Trump, Truth Social Looking Ahead In the long term, the elimination of tariffs will only be possible if production is relocated to the United States. Although current tariffs, adjusted to reasonable rates, may have a negative impact on inflation, they are seen as positive for curbing the risk of recession. --- ### Explore Opportunities in Crypto Beyond Bitcoin and Ethereum - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/explore-opportunities-in-crypto-beyond-bitcoin-and-ethereum/ - Categories: Cryptocurrency News Matt Hougan suggests diversifying crypto portfolios beyond major cryptocurrencies and applications. Circle's IPO and the exceptional growth in stablecoins highlight this diversification strategy. The market sees vast growth and revenue potential both in infrastructure and applications. Matt Hougan, the Chief Investment Officer at Bitwise, argues that crafting a comprehensive cryptocurrency portfolio is not solely about investing in leading cryptocurrencies like Bitcoin $, Ethereum $, or Solana $, nor about investing in applications like Uniswap. Instead, he suggests that stocks related to cryptocurrency should also play a role in such portfolios. Hougan highlights Circle's recent public offering as an illustration of this approach. Circle, the issuer of the USDC stablecoin, made its market debut under the ticker CRCL and surged 167% on its first day. The stock currently trades at $105. 91 as of June 10 and has reached a market capitalization of $28 billion, drawing substantial interest from investors focused on the stablecoin industry. Circle's Public Offering and Stablecoin Market Growth Circle's initial public offering (IPO) drew demand 25 times the availability, culminating in a pricing above the indicated range at $31. The CRCL stock made a significant leap of 167% on its first trading day. This captivating performance underlines investor enthusiasm for a company at the heart of the stablecoin ecosystem. CRCL Hissesi Hougan notes that assets under management (AUM) in stablecoins have grown significantly from $4 billion to $250 billion over the past five years, with projections by the US Treasury Department anticipating this figure to surpass $2 trillion by 2030. "It’s hard to find another sector with government forecasts for 700% growth over the next five years," Hougan comments. Issuers of stablecoins profit from interest income on Treasury bills they hold in reserve... --- ### Binance Offers Exclusive Chance to Earn RESOLV Coins - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/binance-offers-exclusive-chance-to-earn-resolv-coins/ - Categories: Binance Binance introduces RESOLV coin in HODLer Airdrops, boosting user engagement. RESOLV offers DeFi solutions with Ethereum and Bitcoin-backed stablecoin, USR. RESOLV spot trading on Binance will commence on June 11, with high volatility costs. The cryptocurrency exchange Binance is preparing to offer its users a new altcoin project, Resolv (RESOLV), as part of the HODLer Airdrops. According to the announcement, users who invest their BNB in Simple Earn or On-Chain Yields products from May 28 to 31 will automatically earn the right to receive RESOLV coin rewards. These coins will be distributed to users' wallets before they are introduced to the spot market and will start trading on Binance today, June 11. Details of the HODLer Airdrops and Distribution Process Resolv (RESOLV) operates in the decentralized finance (DeFi) space and features a stablecoin named USR, pegged to the US dollar and backed by its own reserves of Ethereum (ETH) $ and Bitcoin (BTC) $. Binance announced that RESOLV coin, the mainnet asset of USR's issuer Resolv, is the 21st project in the HODLer Airdrops program. The distribution of RESOLV coins is scheduled for users who invested their BNB in Binance Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products between May 28, 2025, at 03:00 AM and May 31, 2025, at 02:59 AM. Binance plans to distribute 20 million RESOLV coins, representing 2% of the total supply of 1 billion. Users' eligible amounts will be calculated based on their average BNB holdings during the stated period, and no single user's share can exceed 4% of the total pool. RESOLV Coin to Go Live on the Spot Market at 5:30 PM Binance will list the RESOLV coin on the spot market starting June 11, 2025,... --- ### Payoneer Expands FTX's Payout Reach: An Intriguing Development - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/payoneer-expands-ftxs-payout-reach-an-intriguing-development/ - Categories: Cryptocurrency Exchanges FTX partners with Payoneer to expand fund distribution globally. Users express disappointment over geographical exclusions in Payoneer plan. FTX clients critique payout based on past low asset valuations. The now-bankrupt cryptocurrency exchange FTX has enlisted a crucial partner in the dispersal process for customer funds. FTX Recovery Trust and FTX Digital Markets (FTX DM) have announced that global financial technology company Payoneer will assist in the distribution of payments following FTX's collapse. Payoneer will operate as the third distributor for customers with payout dates beyond May 30, 2025. However, some users expressed disappointment on social media about their countries being excluded from this initiative. Despite this, the integration of Payoneer signals a significant broadening of FTX’s multibillion-dollar repayment plan. Expansion of Distribution Network through Payoneer With the inclusion of Payoneer as a joint entity in the fund distribution process, FTX has significantly increased its payment reach. As a fintech giant, Payoneer joins Kraken and BitGo as the third official payment distributor for FTX, and the second for FTX DM. The service is particularly tailored for clients eligible for payments after May 30, 2025, according to the announcement. The company's global presence will play a critical role in the distribution of FTX funds. Payoneer will facilitate payments to former FTX clients in 93 different jurisdictions where its operations are ongoing. This extensive reach implies that more users will find it easier to access their funds compared to previous arrangements. Nevertheless, not all customers are pleased with the development. Some users on social media platform X have voiced discontent that their countries remain out of the distribution scope despite Payoneer’s involvement. This indicates that certain geographical limitations persist, even with... --- ### Altcoin ETFs Set to Reshape Cryptocurrency Market - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/altcoin-etfs-set-to-reshape-cryptocurrency-market/ - Categories: Altcoin News Altcoin ETFs are likely to receive SEC approval due to high probabilities. Major institutions have submitted spot ETF filings for several altcoins. Approval timelines for spot ETFs extend into late 2025 and early 2026. Eric Balchunas, an expert from Bloomberg Intelligence, anticipates a significant "Altcoin ETF Summer" in the cryptocurrency market. According to Balchunas, Solana $ (SOL) is the altcoin most likely to receive approval for a spot ETF. Bloomberg's data indicates a 90% likelihood of approval for the Solana ETF, with Litecoin (LTC) sharing the same percentage, while XRP shows an 85% chance. Altcoin index basket ETFs also have a 90% approval probability. The Altcoins Awaiting Approval and Their Probabilities The latest report from Bloomberg Intelligence provides a detailed analysis of altcoin spot ETF applications submitted to the United States Securities and Exchange Commission (SEC). According to the data presented, Solana and Litecoin each have a 90% chance of receiving ETF approval within the year. XRP's probability stands at 85%, Dogecoin $ (DOGE) at 80%, and both Cardano $ (ADA) and Polkadot (DOT) are at 75%. Altcoin ETFs Awaiting SEC Approval Among other altcoins, HBAR has an 80% chance of approval, and Avalanche (AVAX) stands at 75%. SUI has a 60% chance, whereas Tron's (TRX) approval is expected beyond 2026, so it was not evaluated for this year. A crucial factor that significantly increases the likelihood of approval is whether the SEC regards a coin as a "commodity" and the presence of CFTC-regulated futures markets. Institutional Applications on the Table for Altcoin ETFs Numerous major financial institutions have filed spot ETF applications with the SEC for various altcoins. Grayscale stands out as the company with the most diverse applications, having filed for Solana,... --- ### See How Liquidation Waves Hit SUI Coin Hard! - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/see-how-liquidation-waves-hit-sui-coin-hard/ - Categories: Altcoin News SUI coin drops 7.07% over the past month, trading at $3.72. Liquidation cluster identified, affecting long positions between $3.90 and $3.95. Key support and resistance levels: $3.73-3.85 and $4.02, respectively. SUI coin has experienced a 7. 07% decline over the past month, trading at $3. 72. This downturn followed a substantial 67. 90% increase in the previous month, leaving investors disappointed. Despite strong developments like the launch of the Axelar Bridge, Phantom Wallet integration, Binance Alpha support, an increase in Total Locked Value (TVL), and the "Great Sui Odyssey" event on May 17th, the crucial question arises: is this a retracement or a pause before reaching a new zenith? SUI Coin Faces a Liquidation Wave The Kingfisher's analysis of the SUI coin's liquidation heat map reveals a cluster of long position liquidations concentrated between $3. 90 and $3. 95, particularly around $3. 933. The analyst noted that as the altcoin's price fell below this level, leveraged long positions were liquidated, increasing the selling pressure. Altcoin SUI Heat Map This liquidation area acted like a black hole, pulling down the price and intensifying the decline. Moreover, the heat map indicates fewer short position liquidations above the current price, warning of limited momentum for a short squeeze capable of pushing the price upwards in the short term. In other words, there is little ammunition for sudden upward movements. SUI Coin Price Analysis and Key Levels Currently, the price of SUI coin hovers slightly above the critical support zone set between $3. 73 and $3. 85. If SUI decisively drops below and closes lower in this range, a steeper decline could be triggered, particularly as the pressure from liquidation on long positions persists.... --- ### Cardano Faces Key Resistance Yet Eyes Potential Breakout - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/cardano-faces-key-resistance-yet-eyes-potential-breakout/ - Categories: Cardano (ADA) Cardano struggles to break $0.85 despite surging volume and a potential Golden Cross. Participation drop and whale accumulation impact ADA's price movements and range. Key $1 target and technical signals guide ADA's potential upward trend. In recent weeks, the price of Cardano $ (ADA), a favorite altcoin among traders, is struggling to climb above the key resistance level of $0. 85. Despite indications of a potential bullish move, highlighted by an approaching “Golden Cross” signal in technical indicators, ADA is finding it challenging to rise. This is primarily due to a drop in daily active addresses and low volatility, even though the coin has shown a robust recovery from local lows and an increase in trading volume. While successfully holding above the 200-day moving average as support, ADA has not yet managed to make its gains permanent following a short-term downtrend break. Technical Landscape of ADA Coin Charts According to data from CoinMarketCap, despite a recorded 30-40% increase in trading volume for Cardano, daily active addresses have noticeably decreased. This suggests that large investors at the whale level are accumulating, contributing to reduced price volatility. The decline in individual investor participation has resulted in ADA's price being trapped within a specific range. Altcoin Cardano's (ADA) Price Chart Moreover, the price is technically still moving within a downward parallel channel formation. Although trading above the 200-day moving average, it has not yet broken through the resistance level of this channel, which indicates a weakening of the strength among the hopeful bulls. Even short position liquidations exceeding $800 million have failed to prevent a decline in active addresses during price rises. Potential Upsurge Scenario with the Golden Cross In ADA coin's price chart, the Relative Strength Index... --- ### Bitcoin Shatters Records and Eyes New Peaks with Strong Rally - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/bitcoin-shatters-records-and-eyes-new-peaks-with-strong-rally/ - Categories: Bitcoin (BTC) Bitcoin peaked at $111,861 on Bitcoin Pizza Day. Trading volume increased by over 100%, but technicals remain stable. Both whales and ETFs indicate potential for further price growth. On May 22, known as "Bitcoin $ Pizza Day," Bitcoin reached a historic high of $111,861. This momentous occasion not only marked an unprecedented level for the cryptocurrency but also provided a glimpse into investors' optimistic expectations for the future. Despite the bullish trend fueled by a remarkable increase in trading volume of over 100% in recent days, technical indicators show no signs of overheating. This suggests that Bitcoin could maintain a healthy upward trajectory, potentially reaching new peaks by the end of the month. Bitcoin Pizza Day's Historic Milestone On Bitcoin Pizza Day, Bitcoin achieved a milestone by hitting its highest point. For those unfamiliar, this day commemorates the anniversary of the first tangible item purchased with BTC in 2010. Following this peak, downward pressures on the price proved weaker than expected, driving investors towards strong optimism regarding short-term market movements. Various technical analysis models, including fractals, indicate that Bitcoin's current bull run is still in its early stages. Technical Indicators Suggest a Healthy Climb Bitcoin's recent price increase, particularly a 75% surge in the last 24 hours and over 100% in the previous days, was bolstered by a noteworthy rise in trading volume. Despite this robust momentum, some technical indicators that typically hit overbought levels remain "cool. " This unexpected coolness signals the possibility of a significant price movement in the near future. Notably, the "Funding Rate" paid for long positions in the futures markets has not yet reached the peaks observed in previous strong rallies. This suggests... --- ### XRP Ledger Integrates Ethereum Smart Contracts for Expanded Capabilities - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/xrp-ledger-integrates-ethereum-smart-contracts-for-expanded-capabilities/ - Categories: Ripple (XRP) XRP Ledger develops an EVM-compatible side blockchain for smart contract integration. The side blockchain uses evmOS software, currently active on the test network. The integration intends to enhance XRP Ledger's capabilities and support EVM applications. The developers of the XRP Ledger are planning to launch an Ethereum $ Virtual Machine (EVM) compatible side blockchain in the second quarter of this year. This initiative aims to incorporate Ethereum's smart contract features into the Ripple $ ecosystem. According to Peersyst, one of the main developers, Ripple CTO David Schwartz announced the timeline for the side blockchain at the ongoing Apex 2025 event. The side blockchain will combine XRP Ledger's low-cost transaction power with Ethereum's smart contract functionality. Preparation for XRP Side Blockchain Launch This parallel side blockchain is being developed using the evmOS software stack, with contributions from Ripple and Peersyst. Currently active on the test network, the blockchain is preparing to move to the mainnet following additional tests and validator partnerships scheduled for the second quarter. Ripple – XRP Yan Blockchain Although XRP Ledger already supports its own smart contracts, it currently doesn’t support the EVM environment widely used by Ethereum developers for writing applications. The Flare Network, which integrates with XRP Ledger, also offers smart contract functionality using an EVM-compatible layer. Connection and Future Plans for XRP Ledger The connection between the side blockchain and XRP Ledger's mainnet will be facilitated through a bridge. This bridge, actively functioning on the test network, will use Axelar and wrapped XRP to transfer coins. Wrapped XRP will serve as the primary gas coin, meaning the transaction fee coin, for processing fees on the side blockchain. Developers aim to significantly enhance the capabilities of XRP Ledger with the side... --- ### Gold Prices Could Drive Investors Toward Altcoins - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/gold-prices-could-drive-investors-toward-altcoins/ - Categories: Altcoin News Michaël van de Poppe predicts a possible correction in gold prices. This decline could redirect investors towards riskier assets, like altcoins. Altcoin market revival depends on gold’s price staying below $3,365. In a recent analysis, renowned cryptocurrency analyst Michaël van de Poppe forecasts a potential short-term correction in gold prices. He suggests this shift could redirect investors towards riskier assets, particularly altcoins. Sharing his insights on social media platform X, van de Poppe emphasized that gold charts are the most critical to watch this week. The analyst cautioned that if gold prices remain below $3,365, a sharp decline of 4-10% could occur within the next one to two weeks. He noted that this potential downturn could lead to sudden macroeconomic changes. Critical Thresholds in Gold Prices and Potential Scenarios According to van de Poppe's analysis, gold has formed a bearish technical pattern on the 6-hour timeframe. This formation points to the possibility of the precious metal dipping to levels around $3,200 in the short term. The analyst specifically warned that if gold prices stay below the critical $3,365 mark, an abrupt drop of 4-10% could be triggered in the coming weeks. The sudden correction experienced at the end of last week is seen as a confirming signal for this short-term downtrend. Van de Poppe pointed out that such a decline could open doors to sudden changes, not only in the commodity markets but also in the broader macroeconomic balance. Conversely, a rise above $3,365 would invalidate this bearish scenario. Increased Appetite for Risk and Shift Toward Altcoins The analyst anticipates that this potential decline in gold prices could result in a significant shift in investor behavior. According to van de Poppe,... --- ### BlackRock's IBIT ETF Soars to New Heights in Record Time - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/blackrocks-ibit-etf-soars-to-new-heights-in-record-time/ - Categories: Bitcoin News IBIT ETF by BlackRock achieved a remarkable milestone in cryptocurrency investment. The fund's rapid growth outpaced traditional investment tools like S&P 500 and gold ETFs. This success enhances trust in cryptocurrency investments, attracting diverse investor interest. The IBIT Bitcoin $ ETF, managed by BlackRock, recently achieved a milestone by breaking a significant record. The fund expanded its Bitcoin holdings by adding an additional 3,005 BTC, increasing its total to 662,571 BTC. This latest acquisition is valued at approximately 336 million USD. Simultaneously, the unit price of IBIT reached an all-time high of 63 USD. With these developments, the total portfolio size of the fund escalated to 72. 7 billion USD, attained in just 341 days. IBIT's Record-Breaking Growth and Performance Reaching a portfolio size of 72. 7 billion USD marks a significant milestone for the cryptocurrency sector. This rapid growth not only positions IBIT ahead of other digital asset funds but also compares favorably with traditional investment vehicles. The increasingly consistent investor interest has enabled the fund to carve out a significant position within the ETF market in terms of collective return and size. This success of IBIT serves as a tangible indicator of the institutional adoption of cryptocurrency investment tools. Despite price fluctuations in Bitcoin, the fund's investor base remains stable. This constancy underscores the confidence in digital assets and the strength of institutional demand. Outpacing Traditional Investment Tools Recent data reveals that IBIT's performance has outshone ETFs tracking the S&P 500 and gold-based funds. Experts attribute this exceptional performance primarily to the increasing demand for digital assets. As a result, IBIT has emerged as a robust alternative not only within the cryptocurrency sector but across a broad range of asset classes. The fund's market... --- ### Ripple CEO Highlights Growing Interest in Stablecoins at XRPL Live Event - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/ripple-ceo-highlights-growing-interest-in-stablecoins-at-xrpl-live-event/ - Categories: Ripple (XRP) Brad Garlinghouse sees increased interest in the stablecoin market. Circle's IPO and U.S. regulation could boost blockchain sector confidence. Global regulatory efforts in stablecoins may foster international growth. At the XRP Ledger Apex event in Singapore, Ripple $ Labs CEO Brad Garlinghouse discussed recent developments in digital asset markets. Garlinghouse highlighted a surge in investor interest in the stablecoin market. He expressed optimism following the successful IPO of Circle, noting it as a positive sign for the sector. Circle’s IPO and Market Influence Circle’s Initial Public Offering has reignited both institutional and individual investor interest in the cryptocurrency sector. Garlinghouse emphasized that this IPO is a positive indicator for the entire market, reflecting increased confidence in blockchain-based financial products. He believes financial futures are anchored in blockchain innovation. Garlinghouse: "Circle’s IPO went exceptionally well. It reflects growing interest in crypto from both institutional and individual investors. The financial future will be blockchain-based. " Garlinghouse attributed the success of Circle’s IPO to expectations surrounding the approval of a new stablecoin regulation in the U. S. , namely the GENIUS Act. U. S. Stablecoin Regulation on the Horizon The GENIUS Act, a stablecoin bill in the U. S. , is expected to go to a Senate vote and could be enacted by August. This bill has received bipartisan support, suggesting it could provide the long-awaited regulatory framework for the sector. Garlinghouse: "Regulatory headwinds in the U. S. are turning positive, which is a favorable global development. We advocate for transparent regulation, not lawlessness. Progress is clearly visible. " According to Garlinghouse, eliminating regulatory uncertainties in the U. S. could enhance stability in global financial markets. Companies and investors could operate... --- ### Michael Saylor Predicts Bitcoin's Price Surge - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/michael-saylor-predicts-bitcoins-price-surge/ - Categories: Bitcoin (BTC) Saylor predicts Bitcoin’s value will rise to $1 million. MicroStrategy develops innovative financial tools based on Bitcoin. Company attracts attention with a Bitcoin-supported portfolio, despite risks. During a recent Bloomberg interview, Michael Saylor, Chairman and CEO of MicroStrategy, now rebranded as Strategy, discussed his firm's Bitcoin $-centric strategy. He predicted that Bitcoin's price would soar to $1 million and assured that its value would not plummet to zero. MicroStrategy is aggressively expanding its presence in the crypto asset realm, continuously deepening its activities in this field. Bitcoin: The Digital Gold Saylor emphasized the growing acceptance of cryptocurrencies, projecting that this trend would persist for many years. He urged investors to act swiftly, suggesting the investment opportunity in Bitcoin may largely fade within a decade. He described the market competition as a "virtuous race. " According to Saylor, there would be no significant drop in Bitcoin's value, asserting that the bear market has ended. He highlighted that the difficult period has passed and noted support from the U. S. President and government officials for Bitcoin, indicating that the "most perilous time" is over. Saylor observed international companies quickly entering the space, with Japanese firm Metaplanet showing remarkable growth. Their shares have significantly increased due to their aim to acquire substantial Bitcoin by 2027. Capital is also transitioning from the Tokyo market to the crypto market, and the competition is rooted in collaboration. MicroStrategy’s Strategy Saylor outlined that MicroStrategy deviates from traditional approaches, focusing not just on buying and holding Bitcoin but developing financial instruments based on it. The company is launching innovative products such as Bitcoin-backed bonds and especially Bitcoin-backed preferred stock. Over the past five months,... --- ### US Inflation Rates Poised to Climb as Fed Watches Closely - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/us-inflation-rates-poised-to-climb-as-fed-watches-closely/ - Categories: Economy US inflation rates are projected to increase soon, impacting monetary policy. Core CPI could surge by 2.9% by May 2025, complicating Fed's rate cuts. Markets monitor tariff discussions and Fed's cautious approach closely. According to economists, the United States is expected to experience a rise in inflation rates in the upcoming period. Members of the Federal Reserve (Fed) suggest that the current data reflects the outcomes of a tight monetary policy, but the benefits of this approach have now been reaped. With projected tariff impacts, inflation is forecasted to increase. Anticipated Inflation Surge Core CPI, which excludes the volatility of energy and food prices, is predicted to rise by approximately 2. 9% by May 2025. This projection is based on probabilities discussed by Kalshi. Current predictions indicate that if core inflation exceeds expectations, it will become more challenging for the Fed to decide on a rate cut soon. According to expert opinions, unless inflation decreases consistently, the Fed will need to maintain its current stringent monetary policy. Economist John Smith stated, "Due to the expected core inflation increase, it seems unlikely for the Fed to cut rates shortly. " Analysts emphasize that upcoming economic indicators, particularly inflation data, will play a crucial role in the Fed's decision-making process over the next few months. However, if tariff-related discussions conclude, these clouds may disperse, and inflation could potentially return to a descending path due to the tight monetary policy. US Economy The cautious attitude observed in the markets directly affects borrowing costs and consumer spending in the US. Investors and individuals closely watch how changes in interest rates impact savings, investments, and borrowing budgets. Upward core inflation data could lead to fluctuations in stock, bond,... --- ### Bitcoin Defies Odds to Shatter Historical Price Records - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/bitcoin-defies-odds-to-shatter-historical-price-records/ - Categories: Bitcoin (BTC) Bitcoin sustained $100,000 trading for 30 days, reaching $111,980 at its peak. Institutional interest rises with legislative support and increased adoption as a reserve asset. Market dynamics and strategic planning will drive digital asset prominence globally. For the first time in its 15-year history, Bitcoin $ has traded above $100,000 consecutively for 30 days, reaching an all-time high of $111,980 on May 22. Experts suggest that this remarkable milestone could indicate significant shifts in market dynamics. Bitcoin's Continued Ascent Over the past 30 days, Bitcoin reached a record high but experienced a temporary 10% pullback, dipping to $100,428. However, this decline was short-lived, and Bitcoin has since rebounded to near $109,511. Market sentiment is once again reflecting positivity, with strong upward trends evident. Wolfe Research's technical analyst, Read Harvey, highlighted that breaking and maintaining levels above such a psychological and historical resistance is a positive sign. The brief dip to $100,000 aligned with the 50-day moving average and demonstrated resilience, laying the foundation for the recent rally. Analysts indicate that maintaining this threshold could propel Bitcoin toward new peaks. The alignment of technical indicators and market psychology appears consistent and promising. Growing Institutional Adoption During the past month, U. S. states such as New Hampshire, Arizona, and Texas have passed laws recognizing Bitcoin as a strategic reserve asset. These moves reflect a broader acceptance of cryptocurrency in financial and political domains. Experts believe these legislative actions could pave the way for Bitcoin to play a more active role in long-term financial planning. Dennis Porter, CEO and Co-Founder of Satoshi Action, stated, “New Hampshire hasn’t just passed a law; it has started a movement. ” Simultaneously, major financial institutions are expanding their Bitcoin-related activities. JP Morgan has... --- ### Senator Lummis Pushes for Fairer Crypto Tax Regulations - Published: 2025-06-11 - Modified: 2025-06-11 - URL: https://en.coin-turk.com/senator-lummis-pushes-for-fairer-crypto-tax-regulations/ - Categories: Cryptocurrency Law Lummis calls current crypto taxation rules unfair, targeting assets like Bitcoin. She urges simplification to reduce compliance costs and prevent double taxation. Legislative changes could enhance competition and international standing of the U.S. market. Senator Cynthia Lummis has voiced concerns over current crypto asset taxation rules, alleging that they unfairly target digital assets, particularly Bitcoin $. Lummis claims that these rules adversely affect those operating within the crypto space and stresses the need for new regulatory measures. Reports suggest that the current legal framework exposes Bitcoin miners and other crypto market participants to the risk of double taxation. Taxation Challenges in the Crypto Sphere In a recent statement, Senator Lummis criticized existing tax regulations as being incomplete and producing unfair outcomes. Participants in the crypto market, both individuals and companies, face high compliance costs, which may dampen the interest of both investors and entrepreneurs. It has also been highlighted that current regulations are not updated to align with the advancing nature of technology. The regulatory burdens on crypto assets, particularly for mining operations, are exceedingly complex. These businesses argue that the existing framework imposes multiple tax obligations, creating financial pressure. Experts note that uncertainties in this area could diminish competitive opportunities in both national and international markets. Senator Lummis has called for changes in legislation. She emphasizes the necessity to simplify crypto-sector regulations and mitigate issues such as double taxation. The aim of these demands is to alleviate the burden on those engaging in mining and investment activities. Reevaluating Crypto Taxation Practices The U. S. faces challenges in developing a standard approach to crypto asset taxation. Liabilities are handled differently across states, complicating compliance with regulations. Those involved in international transactions and mining are... --- ### Bitcoin Surges with GameStop's Strategic BTC Acquisition - Published: 2025-06-10 - Modified: 2025-06-10 - URL: https://en.coin-turk.com/bitcoin-surges-with-gamestops-strategic-btc-acquisition/ - Categories: Bitcoin (BTC) Bitcoin is priced at $109,400 amid positive negotiations with China. GameStop announced the acquisition of 4,710 BTC as of June 10. Corporate interest in Bitcoin is growing, potentially driving future price increases. Bitcoin's price is currently positioned at $109,400, bolstered by positive signals from ongoing negotiations with China. The crypto market anticipates approval for the SOL Coin ETF within three weeks. Expectations of a bullish summer trend continue unless major adverse events impact the market positively. GameStop's Strategic Move into Bitcoin Last month, GameStop officially announced its plan to invest in Bitcoin $, and now, the specifics of this acquisition have emerged. The incident recalls the historic GameStop surge in 2021, when individual investors fiercely challenged major hedge funds, forever marking a milestone in financial history. During that period, Elon Musk supported GameStop investors, facilitating their breach of critical resistance points, much to their satisfaction. Elon Musk maintains a close connection with DOGE and GME investors. Despite recently distancing himself from cryptocurrencies, Musk remains fond of this large and spirited community of individual investors. Expanding Corporate Investment in Bitcoin GameStop has disclosed acquiring 4,710 BTC between May 3 and June 10. This move establishes it as a new publicly traded company maintaining Bitcoin reserves. Strategists predict that the number of public companies holding BTC will exceed 600 in the coming year. With each company potentially investing hundreds of millions to billions of dollars, a stark scarcity of BTC supply could ensue, potentially catalyzing further growth in the cryptocurrency domain. The trend of corporations acquiring large amounts of Bitcoin illustrates the formidable demand among public companies. Their continuous investments could ultimately propel Bitcoin prices to new heights. The strategic moves by companies like... --- ### Crypto Markets Brace for Impact as Global Tariff Concerns Intensify - Published: 2025-06-10 - Modified: 2025-06-10 - URL: https://en.coin-turk.com/crypto-markets-brace-for-impact-as-global-tariff-concerns-intensify/ - Categories: Cryptocurrency News Crypto investors face losses due to global tariff concerns. Positive developments in US-China trade talks may boost risk markets. Fed may lower rates if tariffs are mutually resolved, benefiting cryptocurrencies. Cryptocurrency investors have long been grappling with significant losses, primarily due to tariff-related concerns. The departure of Gensler, resolution of crypto lawsuits, and anticipated ETF approvals had sparked optimism within the crypto community. Additionally, the United States ceased its crypto asset sales and instead began forming reserves. Nevertheless, global recession fears stemming from tariffs continue to weigh heavily on risk markets. Progress in US-China Trade Talks Recently, a pause had been taken in the US-China trade discussions, but the break has ended, and the Chinese delegation has returned to Lancaster House. Talks are set to resume shortly. However, of greater significance is the statement from the US Commerce Secretary, Lutnick, coinciding with the article's preparation. "The talks are progressing very well; hopefully, they will conclude this evening. We will try to finalize matters. Negotiations with China may extend into tomorrow if necessary," he stated. This suggests that at worst, the negotiations might conclude by the following day. Soon, both the US and Chinese delegations are expected to issue mutually positive statements. Resolving this substantial issue between the two economic powerhouses could significantly bolster risk markets. Potential Impacts on Federal Reserve Policies Despite declining inflation rates over the months, the Federal Reserve has refrained from cutting interest rates, citing the potential exacerbation of issues due to tariffs. If tariff pressures are alleviated through a mutual agreement benefiting all parties involved, the Fed may reconsider its stance and reduce interest rates, alleviating fears of inflation resurging strongly. For the cryptocurrency sector, a... --- ### Approval Sparks Excitement in Cryptocurrency Markets! - Published: 2025-06-10 - Modified: 2025-06-10 - URL: https://en.coin-turk.com/approval-sparks-excitement-in-cryptocurrency-markets/ - Categories: Solana (SOL) Markets are eagerly awaiting possible altcoin ETF approvals in the coming weeks. Solana ETF approval is nearing, signaling progress for other altcoins like XRP and AVAX. The cryptocurrency market thrives on anticipation, enhancing interest and momentum. As November approaches, anticipation builds in the markets over possible ETF approvals. The first major announcement has arrived. According to sources, within weeks, we may see the approval of the first altcoin ETF, excluding ETH. Notably, it is conceivable that this approval could extend to multiple altcoins simultaneously rather than just one. Solana ETF Approval Blockworks sources suggest that companies applying for a Solana $ ETF have been mandated to update their S-1 forms. Previously, when this process initiated for BTC and ETH, ETF approval followed within 3-5 weeks. This development indicates that the Solana approval process is nearing its final stages. As one of the leading smart contract platforms, Solana benefits from being U. S. -based, especially under the new SEC administration, sidestepping the security label. The potential Solana ETF approval could signal advancements for other popular cryptocurrencies like XRP and AVAX as well. Particularly, XRP currently holds a comparable position to Solana. Both altcoins have already increased their chance for ETF approval through CME options listings and their U. S. bases. The SEC is expected to provide clarity on this development possibly within hours by consulting with issuers or making an announcement themselves. SOL Coin recently surpassed the $163 mark, showcasing its growing appeal and momentum in the cryptocurrency domain. This milestone underscores the heightened interest and favorable expectations surrounding potential ETF approvals. The cryptocurrency market has been abuzz with speculation, fostering a dynamic environment where developments such as these fuel further interest. The enthusiasm around these ETF... --- ### Will Altcoins Soar as Bitcoin Dominance Declines? - Published: 2025-06-10 - Modified: 2025-06-10 - URL: https://en.coin-turk.com/will-altcoins-soar-as-bitcoin-dominance-declines/ - Categories: Altcoin News Bitcoin's price is influenced by US-China negotiations and market dynamics.Analyst Poppe suggests potential altcoin growth as Bitcoin dominance declines.Diverse analyst perspectives fuel speculation about Bitcoin and Ethereum's market movements. As Bitcoin's price stood at $108,750 at the time of writing, the ongoing negotiations between the US and China in London have become a focal point of financial discussions. These discussions are expected to conclude with formal announcements soon. Observers have noted that the United Kingdom is the only country to have signed an agreement so far, as the mid-June deadline approaches. As the deadline of July 9 looms, well-known analyst Poppe has sparked optimism regarding the future of altcoins. Will Altcoins Rise? The altcoin surge historically begins when Bitcoin's market dominance peaks and then starts to decline. The BTCD chart shared by Poppe shows continuously ascending candlesticks reaching a pivotal point. The BTC dominance seems to have failed in its second resistance attempt, signaling a potential downturn in Bitcoin's hold over the market. This scenario may signify the beginning of a losing streak for BTCD, predicting a promising rise for altcoins. As noted by Poppe, “There’s a strong downtrend in Bitcoin $ dominance, indicating a return to the decrease trend. ” If BTCD continues its decline, altcoins are expected to emerge from last year’s lows, with Ethereum $ potentially surpassing $2,850 and heading towards $3,500. Bitcoin (BTC) and ETH Bitcoin's rise was partly attributed to the easing tension between Elon Musk and Donald Trump, coupled with the renewed negotiations between China and the United States. Though this was the anticipated outcome, Musk's actions temporarily inflated BTC to $100,000, causing significant losses. Crypto analyst DaanCrypto expressed caution about the recent... --- ### The London Negotiations Melt National Ice, Impacting Global Crypto Markets - Published: 2025-06-10 - Modified: 2025-06-10 - URL: https://en.coin-turk.com/the-london-negotiations-melt-national-ice-impacting-global-crypto-markets/ - Categories: Cryptocurrency News Nations are negotiating to thaw icy relations for economic benefits. Global tariff discussions are critical for cryptocurrency investors. The World Bank warns of potential global economic slowdown due to tariffs. Today's London meeting, which began approximately eight hours ago, presents another valuable chance for two nations to thaw the icy relations between them. The previous meeting held in Geneva last month provided some respite to the markets, but this proved to be merely a temporary solution. With the deadline of July 9th fast approaching, all trade partners outside of the UK are scrambling to sign deals with the U. S. in a state of panic. Additionally, the World Bank has released its much-anticipated report today. But why are these developments particularly significant for cryptocurrency investors? Cryptocurrencies and Global Tariffs What would be the potential outcomes of technical upgrades to the Bitcoin $ network or the emergence of Nakamoto? For investors, the salient point is the impact observed in price charts. A network upgrade could lead to a surge of a few thousand dollars, while Nakamoto's appearance could trigger fluctuations of tens of thousands of dollars. Global customs tariffs impact the charts as significantly as the re-emergence of Nakamoto. This is why discussions surrounding global tariffs are of immense concern to cryptocurrency investors. Last month's Geneva agreement triggered a price surge of tens of thousands of dollars. Currently, discussions in London continue, and positive news is anticipated. Geneva ended more favorably than expected; similar outcomes from these discussions might lead to an agreement or a significant advance on that path. This could serve as a substantial catalyst for cryptocurrency growth, as tariffs have been a long-standing hindrance. The World Bank and... --- ### Coinbase Announces Exciting Listing of HOME Token - Published: 2025-06-10 - Modified: 2025-06-10 - URL: https://en.coin-turk.com/coinbase-announces-exciting-listing-of-home-token/ - Categories: Altcoin News Coinbase is listing the experimental HOME Token on the BASE network. The HOME Token saw a significant price increase exceeding 50% recently. Coinbase stresses cautious investment practices for listed tokens. Cryptocurrency listings present remarkable opportunities for investors seeking to profit from short-term volatility. However, these investors must be prepared to face significant risks to earn these rewards. Today, Coinbase, the largest cryptocurrency exchange in the US by volume, announced it would be listing a new altcoin. HOME Token Listing The HOME Token, which operates on the BASE network and is to be listed under an experimental tag, will soon be available for trading on Coinbase. Once sufficient liquidity is established, Coinbase has been making expedited decisions on listing altcoins on the BASE network. The exchange, eager to grow the BASE ecosystem, initially stated that its layer-2 solution BASE network would not have a native token. Nonetheless, the possibility of a BASE Token emerging in the future remains, given the pro-crypto stance of the US government, which could lead Coinbase to gain more profit. The HOME Token, currently traded on a few exchanges, has experienced a surge of over 50%. To protect against counterfeit tokens, Coinbase has shared the contract address of the HOME Token, urging investors to exercise caution. Token Name: HOME (HOME) Contract Address: 0x4BfAa776991E85e5f8b1255461cbbd216cFc714f --- ### Ethereum Prices Surge with Bullish Predictions - Published: 2025-06-10 - Modified: 2025-06-10 - URL: https://en.coin-turk.com/ethereum-prices-surge-with-bullish-predictions/ - Categories: Ethereum (ETH) Ethereum may soon surge to $10,000, analysts predict. Altcoins could see impressive gains following Ethereum's rise. Concrete steps from China and U.S. negotiations could impact markets. Following the opening of U. S. markets, Bitcoin (BTC) $ fell to $108,500, while Ethereum (ETH) $ found buyers at $2,740. Although discussions between China and the U. S. continue, no definitive announcements have been made. The anticipation of a Geneva-like outcome from Paris has investors excited. This has led many to wonder, what will Ethereum's (ETH) price be? Let's explore the latest predictions from popular analysts. Ethereum Price Target Should the ETHBTC pair return to its peak, it is predicted that ETH's price could approach $10,000. In the short term, closures above $2,850 would support further increases. Analyst Rover believes that an ETH rally has already commenced and anticipates that the price will soon rebound to $4,000. This scenario suggests we may witness significant gains in altcoins as well. Many altcoins are still lingering in last year's consolidation zones, with some even reaching lower lows. The rise in the number of altcoins and the fears around the increase in Bitcoin dominance (BTCD) contributed to this situation. However, if the expected recovery in the ETH chart occurs, investors will likely be more optimistic. Expectations for Altcoins Altcoins have not yet strongly responded to the BTC and ETH rise. The focus remains on the concrete steps that U. S. and Chinese officials might take following their discussions. While discussions on tariffs continue with many countries, the talks with the EU and China hold the most significance. Signing agreements with them would mean a diminishing of recession fears this year, alongside a... --- ### Watch Ethereum Bulls Eye Key Resistance Levels for a Breakthrough - Published: 2025-06-10 - Modified: 2025-06-10 - URL: https://en.coin-turk.com/watch-ethereum-bulls-eye-key-resistance-levels-for-a-breakthrough/ - Categories: Ethereum (ETH) The ETHBTC chart is crucial for assessing altcoin opportunities. Bulls are pushing to break resistance levels for a potential ETH surge. Analysts see promising signals for a sustained ETHBTC rally. The ETBTC chart emerges as one of the most vital graphics for altcoin enthusiasts. This particular chart holds significant importance as it reflects Bitcoin's market dominance. For altcoins to gain traction and find opportunities for upward movement, momentum in this chart is essential. Although some upward movement was observed following the Geneva Agreement, the ETHBTC pair has been in consolidation for a long period. What are analysts forecasting for the upcoming period? ETHBTC Chart Analysis Over the last 35 days, the ETHBTC pair has been striving to surpass the 0. 02534 resistance level. Despite three attempts, the resistance could not be overcome. Currently, bulls are making another push to breach this resistance level and transform the 0. 03275BTC region into support. Should they succeed, ETH has the potential to reach the 0. 04149 level in the BTC pair, possibly reclaiming its peaks above $4,000. This breakthrough would also herald better days for the rest of the altcoin market. After nearly 972 consecutive days of a declining ETHBTC pair, which only displayed short-lived, fake surges, investors are hopeful as the pair signals its first significant reversal at a strong bottom, suggesting the conclusion of the downtrend. Back in 2021, ETH reached its peak at 0. 088364BTC. If it can reclaim this region while BTC is priced in six digits, ETH could potentially ascend to $9,700, resulting in massive gains for certain altcoins. Analysts’ Predictions for ETHBTC Miles Deutscher, a notable analyst, recently stated that the ongoing consolidation in the ETHBTC pair... --- ---