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Showing posts from June, 2025

Altcoins Could Ignite ‘Major Pump’ if These Two Things Happen, According to Analyst Kevin Svenson

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A crypto analyst with a history of timely Bitcoin (BTC) calls believes that altcoins are gearing up for a price spike. In a new strategy session, Kevin Svenson tells his 83,300 YouTube subscribers that he’s keeping a close watch on the OTHERS chart, which tracks the total market cap of crypto, excluding the top 10 digital assets and stablecoins. Traders keep an eye on the OTHERS chart to gauge the performance of the altcoin market. According to the crypto strategist, OTHERS appears to be following its 2024 price action, when it went through a corrective period before sparking a parabolic surge toward the end of the year. Svenson predicts that altcoins will stage another explosive rally if Bitcoin and another asset class soar to new record highs. “I’m just showing what’s showing up on the chart. The setup is nearly the same. And this huge run-up when the OTHERS chart went up 140% last time… this happened because Bitcoin and the S...

$250 billion stablecoin market: Real-time audits key to avoiding next crisis

With more than $250 billion in stablecoins now circulating, most of it backed by US Treasuries, assets like Bitcoin (BTC) are becoming a major aspect of global markets and capital flow. As regulatory concern mounts and the stakes rise, those who can mint at scale and move sizable capital into the ecosystem may become one of the pillars of a new financial era.  According to Andrei Grachev, Managing Partner of Falcon Finance, the bar we put up for stablecoin infrastructure must therefore match that of traditional financial institutions: “If a stablecoin wants to operate at macro scale, it has to earn the same trust we demand from clearing houses and settlement networks. That’s what we mean by infrastructure that doesn’t just scale, but endures.”  — Andrei Grachev Why ‘real-time proof’ is the future of trusted stablecoins The stablecoin evolution is a double-edged sword. While cryptocurrencies like Bitcoin do promise more efficient transfers across borders a...

Is the US Economy in Recession? War or Not, Stats Say Yes

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A recession is generally categorized as a period of economic decay and decline. This phase is marked statistically as a period where two successive GDP quarters report stagnant metrics. A period marred by low industrial activity and trade, the US seems to be living in that era, even though the economy looks pristine from the outside. The latest recession stats are portraying a different story, claiming that the US is indeed in recession, with growing signs of uncertainty gnawing at the US economy. Also Read: 22,000 Federal Jobs Lost: Warning Sign for US Economy? US Economy In Recession, Stats Confirm Source: business-standard.com / Illustration: AJAY MOHANTY Per the recent update by the Kobeissi Letter on X, the US economy is showing signs of early recession. A leading recession indicator known as the Conference Board Leading Economic Index has now fallen by 0.1% in May. The index has posted its sixth decline on a monthly basis, spreading ominous fears of recession in the space. Moreov...

Crypto phishing blitz hits CoinMarketCap, Cointelegraph, and Trezor

A fresh wave of phishing attacks has engulfed the crypto community this weekend, with scammers deploying both broad brush and precision tactics. Popular websites CoinMarketCap and Cointelegraph were compromised to serve wallet drainers via malicious pop-ups, while Trezor’s contact form was hacked to send out spoofed emails. Don’t check the charts CoinMarketCap, one of the best-known sites for checking crypto prices and other token metrics, alerted users to a fake wallet verification pop-up close to midnight on Friday. Security Alert We’re aware that a malicious pop-up prompting users to "Verify Wallet" has appeared on our site. ️ Do NOT connect your wallet. Our team is actively investigating and working to resolve the issue. — CoinMarketCap (@CoinMarketCap) June 20, 2025 Read more: Curve Finance warns users after website and X account hacks Two and a half hours later, an update informed users that it had “identified and removed the malicious ...

Bitcoin Price Crash Far From Over As Support Sits Below $90,000 – Details

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Bitcoin is ‘supporting the dollar rather than acting as a hedge’ – Binance report

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Bitcoin’s (BTC) ability to serve as a hedge against the U.S. dollar is becoming less certain, with data indicating the crypto‘s movement is aligning with the currency. Specifically, Bitcoin’s correlation with the U.S. Dollar Index (DXY) has surged to 0.25, the highest among major macro assets, marking an increase from May’s 0.15, according to a June 20 report by Binance Research shared with Finbold. Bitcoin correlation with other assets chart. Source: Binance Research Historically, the maiden digital currency has moved opposite to the dollar or remained unaffected. “This rare shift suggests that BTC may currently be reacting to the same liquidity conditions supporting the dollar rather than acting as a hedge against it,” the report noted.  Bitcoin’s correlation with macro assets  The report also revealed a 0.33 correlation between Bitcoin and 10-year Treasury yields, indicating the cryptocurrency’s potential as an i...

16 Billion Password Leak Exposes Apple, Facebook, Google — Tether Teases PearPass

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A record-breaking 16 billion passwords linked to platforms including Google, Facebook, Apple and government services have been leaked in what cybersecurity experts are calling a “blueprint for mass exploitation.” The leak, confirmed by security researchers at Cybernews in a June 20 blog post , is the largest ever, exposing billions of login credentials that could be used for identity theft, phishing, and account takeovers. In response, Tether CEO Paolo Ardoino has unveiled plans for PearPass, a fully offline, open-source password manager. “The cloud has failed us. Again,” he wrote in a post on X. “It’s time to ditch the cloud.” Leak A “Blueprint For Mass Exploitation,” Warns Cyber Security Firm Cybernews, a cyber security research team, said it uncovered 30 “exposed datasets containing from tens of million to over 3.5 billion records each.” In total, it said it’s has uncovered 16 billion records of breaches. ...

Monster $1.5 billion Solana short squeeze alert

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Solana (SOL) is trading at $145.50, but under the surface, tension is building across derivatives markets. The latest 30-day Solana Exchange Liquidation Map from Coinglass shows an escalating wave of short-side leverage clustered just above current price, setting the stage for a potential $1.5 billion short squeeze if bulls push the token beyond its immediate resistance zone. At first glance, the setup looks eerily similar to what we’ve seen with Bitcoin and XRP in recent weeks: a rising cumulative short liquidation curve (green), bar clusters thick with high-leverage shorts, and a flatlining long liquidation zone (red), suggesting asymmetrical risk. But Solana’s chart takes it up a notch. A closer look at Solana’s Liquidation Map The liquidation map reveals that short positions start building heavily from around $146, just a dollar above the current price. From there, the green curve steepens dramatically through $150, $155, and all the way to $170, indicating a p...

Trump Wants G7 To Become G8 or G9: Here Are the 2 New Countries

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The G7 summit wrapped up in Canada on Tuesday with US President Donald Trump igniting a firestorm by saying that the alliance must extend into G8 or even G9. He suggested the names of two countries that could be a part of the bloc and help in powering the group economically. One of the countries he suggested was previously a part of the bloc but was officially removed in 2014. Also Read: Can G7 Help Canada Bypass Russia To Become an Oil & Gas Superpower? Trump: G7 Must Become G8 or G9 to Grow Bigger in Financial Power Source: ABC News Trump said that removing Russia from G7 after Putin annexed Ukraine was a big mistake. “The G7 used to be the G8. Barack Obama and a person named Trudeau didn’t want to have Russia in,” he said. He stressed that the ongoing wars wouldn’t have happened if Russia was still a part of the alliance of nations. Apart from Russia, Trump said that he doesn’t mind China being a part of G7 taking it from G8 to G9 to get a financial boost. “It...

Can G7 Help Canada Bypass Russia To Become an Oil & Gas Superpower?

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While Canada and other G7 countries don’t directly buy oil and gas from Russia, they procure it from third countries through a price cap policy. Russia remains a leading energy provider, and Europe relies on its production for the normal functioning of its economy. Russia is the third largest oil producer in the world while Canada takes the fourth spot. The US and Saudi Arabia take the top two positions producing around 22 million and 11 million barrels per day. Also Read: De-Dollarization: Bank of America Reveals Why ASEAN Is Ditching USD G7 Can Make Canada the Third Oil & Gas Power and Surpass Russia? Source: News18 It might be tough for Canada to replace Russia as an oil and gas superpower without the help of the G7. For Canada to truly surpass Russia, Europe must fully ban imports of Russian energy and give leeway to its G7 counterpart. This can help Canada to bolster its production to meet the demands of Europe. Also Read: Billionaire’s Downbeat Outlook for US Stocks: S&...

WhiteBIT Coin Dominates Charts With 71% Rally: Here's Why

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WhiteBIT Coin (WBT) is currently the best-performing cryptocurrency among the top 100 projects. The asset’s price has surged by 29.7% in the last 24 hours, 62.9% in the weekly charts, 64.6% in the 14-day charts, 71% over the previous month, and a whopping 437.5% since June 2024. The rally comes amid increased volatility in the crypto market. Source: CoinGecko Why Is WhiteBIT Coin Rallying? Source: Watcher.Guru WhiteBIT is a Lithuania-based cryptocurrency exchange. The platform’s native token, WBT, experienced a massive rally after the exchange was named the official cryptocurrency exchange and sleeve partner for the Juventus football club. According to an official press release, the partnership will continue for the next three seasons, till the year 2028. WhiteBIT Coin’s rally is mostly driven by the partnership announcement. The general crypto market, on the other hand, continues to slump after increased uncertainties. The Israel-Iran conflict has brought much volatil...

Vietnam’s Historic Move to Legalize Crypto Could Add Rocket Fuel to These Top Altcoins

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Bitcoin 656% Cyclical Gain Highlights Deep Market Demand – Glassnode

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...