Jack Dorsey is ramping up his efforts for Bitcoin adoption! He playfully encourages Elon Musk to give the cryptocurrency a shot by sharing Musk’s 2020 tweet where he referred to Bitcoin as his “safe word.” This clever move is happening amid the debate over the controversial “beautiful bill,” which involves a proposed $2.5 trillion spending …
Botanix is “now fully removed from all operational responsibilities,” with governance decisions being made by the federation.
Bitcoin is drifting just above $105,000 on June 5, its lowest realized volatility in almost two years, yet Swan, the Los-Angeles-based “Bitcoin-only” financial services firm, contends the market is on the verge of its most radical re-pricing ever. The Last Chance To Buy? In a X thread on Wednesday night, the company argued that the familiar four-year boom-and-bust cadence is giving way to “the last rotation”—a silent transfer of coins from retail speculators to institutions whose investment horizons stretch decades. “People less committed to the long term are exiting […] and a whole new class of investors is entering,” Swan is quoting Michael Saylor, framing the hand-off from retail traders to corporate treasuries, ETFs and multinationals such as BlackRock and Fidelity. So far, 2025 has defied the script. The third calendar year of every prior cycle—2013, 2017 and 2021—delivered the vertical moves that defined those eras. This year has offered “big moves, but also shallower corrections and longer periods of sideways chop,” Swan writes, conceding that the price action “is boring people.” Related Reading: Bitcoin Signals Strength As Long-Term Holder Realized Cap Surges Past $20 Billion – Details The firm’s thesis is that boredom masks an invisible supply squeeze: long-time holders taking profits above $100,000 while “long-only buyers,” in Swan’s words, methodically absorb the float. “These corporations, they’re long-only buyers. Not traders of Bitcoin,” Swan argues, underscoring the firm’s view that coins migrating into corporate vaults are effectively removed from circulation. The thread portrays three intertwined rotations: Between entities – Trustees, lawyers and early adopters are exiting; ETFs, corporations and “sovereign-grade balance sheets” are stepping in. Between intentions – Speculation gives way to allocation. “This new wave of buyers isn’t speculating,” Swan writes. “They’re allocating.” Between generations. The Silent Generation hoarded gold; Boomers compounded in equities; Gen X surfed tech; now Millennials, “entering their peak accumulation years,” are “inheriting trillions—and they’re choosing Bitcoin.” Related Reading: Bitcoin Pauses Below $106K as Analyst Reveals Key Support Level To Watch Supply dynamics, Swan contends, make those rotations irreversible. “When long-term capital meets inelastic supply, the float starts vanishing,” the firm warns. “That’s when things get explosive.” The macro backdrop adds pressure: Swan points to a “rare and dangerous split” in which the US dollar is weakening even as bond yields surge—an environment, it says, that could funnel excess capital toward a neutral store of value. “This isn’t just the next cycle. It’s the end of an era,” Swan concludes. “If you’re selling now, understand you’re likely handing your Bitcoin to an institution that plans to hold it indefinitely. Once it’s gone, you’re probably never getting it back.” For Swan, the implication is stark. The apparent tranquility near $105,000 is less a sign of exhaustion than the quiet before a permanent liquidity event—one in which the marginal seller disappears, the marginal buyer never sells, and price must eventually mark higher to find equilibrium. “Think twice,” Swan advises would-be profit-takers. “The float is drying up. The buyers are built different. This is the last Bitcoin rotation.” If the firm is right, history is not repeating so much as culminating, and the market’s current stillness may soon be remembered as the eye of a generational storm. At press time, BTC traded at $104,605. Featured image created with DALL.E, chart from TradingView.com
Solana’s out to rebuild a digital empire, and it’s doing it from an office building in Lower Manhattan. Having a physical headquarters might seem a bit counter-intuitive for a company focused on digital assets. But the move is fueling an ongoing shift at Solana Labs, from Solana the meme coin chain to Solana as a serious, ‘Wall-Street-ready’ DeFi chain. The offices opened back in 2023, and Solana Labs uses them as a staging board where potential partners and investors can come visit and chat directly with Solana’s devs. The move is paying off; even as more and more companies adapt a ‘Bitcoin reserve’ strategy to use with $SOL. What does it all mean? Even as Solana takes aim at becoming the go-to blockchain for finance, top crypto presales set out to build on the blend of memes and finance provided by the Solana chain. Solana: Go-To Blockchain for Finance? Major companies like Upexi, Inc ($UPXI) are taking Michael Saylor’s Bitcoin reserve strategy and applying it to Solana. Upexi purchased 77,879 $SOL, giving it a total of 679,677 $SOL valued at $121M. The company has gained roughly $24.5M from token appreciation so far, aided by a good month, performance-wise, from $SOL itself. Upexi isn’t the only company looking to capitalize on Solana’s success: SkyBridge Capital, led by Anthony Scaramucci, poured $50M into a Solana Staking ETF in Canada Apollo and Securitize partnered to launch tokenized credit funds on Solana and other blockchains SOL Strategies announced a $500M investment to facilitate SOL token acquisitions and partnerships Classover, an education company, will issue up to $500M in convertible notes to build a SOL treasury That’s a lot of money starting to pour into Solana’s potential as a financial tool, instead of a simple platform for spamming new meme coins. Of course, degens being what they are, meme coins are still being spammed. A lot of them. A million of them, actually, just in May alone on Solana. Most of those launches fail almost immediately. But the sheer volume of new tokens launched demonstrates continued interest in Solana’s speed and low fees, ideal factors for meme coin success. With a pump.fun token launch likely incoming, it’s not like Solana’s abandoning the meme coin world altogether. Instead, some of the most promising new crypto projects bring both sectors together. Snorter Token ($SNORT): Find 100x Opportunities On Telegram with Snorter Bot With so many tokens launching all the time, the question isn’t ‘will there be a 100x token.’ The real question is – how do you find it? That’s where the Snorter Token ($SNORT) and the Snorter Bot come in. Tons of Solana meme coins never make it to big CEX listings or major news coverage. Instead, they’re traded on Telegram groups. If they do make it big, the best opportunities for buying low and selling high are long gone. Finding these underground opportunities takes a lot of effort, but thankfully, the Snorter Bot simplifies it all. Safety features like honeypot detection and rugpull alerts help minimize losses, while automated sniping and copy trading let you sniff out and snag the best opportunities. It’s all powered by the $SNORT token, the native utility token for the Snorter Bot. This isn’t a meme coin; it’s a sophisticated trading bot designed to sort through the millions of Solana memes and find the real winners. That utility is driving a wave of interest in $SNORT, with well over $400K raised so far. The presale is in the early days, which makes it the perfect time to buy and stake your $SNORT tokens for an estimated 735% dynamic APY. Buy and stake now, claim your rewards at the token launch, and they’ll be disbursed block-by-block over the next year. A full quarter of the token supply is reserved for product development, powering $SNORT into the future of Solana’s meme coin development. Will the Snorter Bot Bridge the Gap Between Memes and Finance? With millions of dollars flowing into Solana and the $SOL token as a strategic reserve, there’s room for a token that stays true to Solana’s meme coin roots while also looking to the finance future. Do your own research – you’ll need to decide for yourself. But given Solana’s trajectory, $SNORT could be positioned perfectly. Don’t miss out.
The spread between the spot price and the 50-day SMA continues to narrow in a sign of waning momentum.
The Pi Network (PI) market is in a critical consolidation phase, trading in a tight range as investors await a potential announcement from the Pi Core Team around Pi Day 2 on June 28. With the Open Mainnet launch scheduled for late 2025, traders and early adopters are bracing for clarity and a shift in …
In the race to build a strong crypto reserve, Ripple’s XRP is making big progress and gaining more attention than ever. Recently, three major companies—Wellgistics Health, VivoPower International, and Webus International, announced plans to use XRP as a treasury reserve asset for their businesses. Let’s see how this could impact XRP’s future. Wellgistics Health Puts …
The 3iQ Criptonite Multi-Factor actively managed certificate is a hedge fund that uses a long/short strategy.
The SUI price chart is still stuck in a correction phase that began in May, and so far, there’s no convincing sign of a fresh rally. The price is still under downward pressure, particularly on the shorter timeframes, despite a few minor attempts at recovery. Based on the overall pattern, analysts think the correction isn’t …
NBA legend Scottie Pippen has sparked fresh conversation in the crypto space with a two-word tweet that’s getting attention: “Study Bitcoin.” The timing is interesting. His message came just as Bitcoin dipped nearly 2%, slipping from almost $107,000 to around $104,630. Some saw it as encouragement during a market pullback, others saw it as a …
Tesla CEO calls Trump’s spending package the ‘Debt Slavery Bill’.
Bo Hines, who leads President Donald Trump’s advisory council on digital assets, recently met with El Salvador’s President Nayib Bukele to discuss potential partnerships in the crypto space. In a post shared on June 5, Hines revealed that the meeting centered around digital asset development and a shared ambition to reshape global finance. He also […]
The post Donald Trump’s advisor Bo Hines meets Nayib Bukele as US eyes El Salvador’s Bitcoin strategy appeared first on CryptoSlate.
Ripple, the blockchain-based payment company, has just released a massive 1 billion XRP tokens from its escrow account, currently valued at over $2.18 billion. This regular monthly release has caused a small but noticeable 2% drop in XRP’s price. Let’s look at what Ripple is doing, why they’re releasing so much XRP? Ripple Monthly Release …
High-stakes crypto trader James Wynn is once again in the spotlight after losing $25 million on a massive Bitcoin bet. Wynn, known for swinging enormous trades on the Hyperliquid platform, was liquidated for 240 BTC despite trying to manually adjust his position to avoid it. Still holding 770 BTC, worth over $80 million, he now …
It’s no wonder that investors and traders in the crypto market remain puzzled, as sentiments in the business continue to swing rapidly. The swift moments in the Fear & Greed Index’s metrics are catalyzed heavily by liquidation. As of today, the Crypto Fear & Greed Index stands at 55, signaling a neutral sentiment in the …
Following the Bitcoin price sweep down below the $104,000 level over the weekend, the Dogecoin price was pushed back down below $0.2 once again. This move understandably shocked the community as the $0.2 has held for a long time. However, using the 4-hour order block (OB), a crypto analyst has explained what is going on with the Dogecoin price, why the decline happened, and where it could be headed next. Dogecoin Price Experienced A Liquidity Sweep Crypto analyst Smart Flows, on the TradingView website, pointed out an interesting development on the Dogecoin price chart. This showed a clear delineation for why the meme coin’s price dropped below the $0.2 psychological support level, and it came down to something as clean as a liquidity sweep. Related Reading: Ethereum Price Headed For Crash To $2,000 With Current Price Action The crypto analyst uses the 4-Hour order block on the Dogecoin price chart to explain this, starting just above the $0.22 price level. This saw a liquidity sweep through the Fair Value Gap (FVG) at the 0.5 Fibonacci level, breaking through the $0.2 support. This move, Smart Flows explains, was in no way emotional and was more of a ‘mechanical’ move, suggesting it was engineered to happen. The outcome of this liquidity sweep is that there has now been a reset of sentiment surrounding the Dogecoin price, setting the stage for a potential reversal. If this is the case, then Dogecoin may be sitting on the cusp of what could be the next major rally above $0.2. What To Expect Next From Here According to the crypto analyst, Dogecoin is now sitting in a 4-Hour demand order block zone that is in confluence with the Fair Value Gap (FVG) above $0.2. This makes the $0.20928 level the first “key reaction point,” and the analyst points out two possibilities for the meme coin here: either the price continues to stall or consolidation begins at this level. Related Reading: Crypto Analyst Says XRP Community Should Pay Attention To June 4-6, Here’s Why Basically, the Dogecoin price has to be able to beat the first major test at $0.209 before moving higher from here. This means it must complete a clean clearance of the FVG to grab liquidity above. After this, the real test begins at $0.22094, where the next major 4-Hour order block sits. The analyst explains that being able to clear the FVG will mean a continuation model is in play. However, there is still the possibility that the Dogecoin price is rejected before it is able to clear the FVG above $0.2. In this case, it could signal a further downtrend for the altcoin. “If we reject early — that tells me distribution is starting, and I’ll prep for a secondary sweep below 0.18 to retest the deeper 4H OB near 0.16387,” the analyst concluded. Featured image from Dall.E, chart from TradingView.com
US authorities seized 145 domains and crypto linked to BidenCash, a dark web market accused of selling millions of stolen credit cards.
Popular crypto market analyst Francis Hunt, better known as “The Market Sniper,” recently shared his latest views on XRP’s price movements — and while the token has been stuck in a range for some time, Hunt says a big breakout is still on the cards. A Perfect Call at $3.36 and What Followed Hunt recalled …
Wrapped versions of the tokens represent the original assets and offer compatibility with Base's protocol and decentralized finance applications.
Coinbase has officially launched cbDOGE and cbXRP, the wrapped versions of Dogecoin and XRP, on its Ethereum Layer 2 network, Base. These are ERC-20 tokens backed 1:1 by real DOGE and XRP held by Coinbase. DOGE and XRP are now on BaseBase is for everyone https://t.co/YTDqK3xgcH— Base (@base) June 4, 2025 Over 2.3 million cbXRP …
SEC Chairman Paul S. Atkins has made cryptocurrency regulation a top priority of his leadership, pledging to replace the regulator’s controversial enforcement-first approach with a clear, structured rulebook. In his June 3 testimony, Atkins presented a vision to support innovation, protect investors, and eliminate fraud from the cryptocurrency ecosystem. Need for a Clear Crypto Regulatory …
Hyperliquid leverage trader James Wynn has claimed the market is being manipulated against him after he was liquidated for 240 Bitcoin, worth $25 million.
BidenCash operators allegedly used the platform to simplify the process of buying and selling stolen credit cards and personal information.
Using CKpool solo mining software, a solo bitcoin miner beat 1 in 3,050 odds and claimed $330,386 in network rewards for solving a BTC block.
The bill has seen contention online, but Satoshi Action Fund’s Eric Peterson says it updates the state’s unclaimed property laws so crypto doesn’t get liquidated.
India’s once-leading crypto exchange, WazirX, is facing fresh trouble after the Singapore High Court declined to approve its restructuring plan, throwing creditor repayments into indefinite uncertainty once again. The Honourable Singapore High Court issued an order declining to approve our proposed restructuring plan. While this outcome was not what we anticipated, we respect the Court’s …
Today, the crypto world is mostly in the red. Meanwhile, the total crypto market fell by 1% to $3.29 trillion. Bitcoin, the biggest crypto by market cap, dropped by 0.7% to $104,618.95 and its market value now stands at $2.08 trillion. Even though the crypto fear index is steady at 55, it shows a neutral …
The global crypto market cap today stands at $3.3 trillion, with a modest -0.68% pullback in the last 24 hours. While daily trading volume has shrunken down by 3.55% to $101.76 billion. The Fear & Greed Index sits at a neutral 55, reflecting indecision among traders. In a strategic move, JP Morgan has adopted crypto …
On-chain data shows the large Bitcoin investors have added to their holdings in the past week, a sign that could be bullish for BTC’s price. Bitcoin Investors With 10 To 10,000 BTC Have Added To Their Holdings In a new post on X, the on-chain analytics firm Santiment has talked about the latest trend in the Bitcoin supply held by the 10 to 10,000 BTC investors. The on-chain indicator of relevance here is the “Supply Distribution,” which tells us about the total number of tokens that a particular wallet group is carrying right now. Related Reading: Bitcoin ATH Fails To Hype Retail—Demand Is Actually Down Addresses or investors are placed into these cohorts based on the size of their balance. For example, the 1 to 10 coins group includes all holders owning between 1 and 10 tokens of the cryptocurrency. In the context of the current discussion, the groups lying inside the 10 to 10,000 BTC range are of interest. This wide range includes some of the key holders of the sector like the sharks and whales. These investors own significant holdings, so their behavior can often be worth keeping an eye on. Now, here is the chart shared by the analytics firm that shows the trend in the Bitcoin Supply Distribution of the 10 to 10,000 BTC holders over the last few months: As is visible in the above graph, the Bitcoin supply held by the 10 to 10,000 BTC investors has registered a significant jump over the past week, implying this group has purchased a net number of coins. More specifically, the members of the cohort have collectively added 79,244 BTC to their wallets in this period. At the current exchange rate, this amount converts to a whopping $8.3 billion. Related Reading: Bitcoin 3–5 Year Holders Slow Selloff—Waiting for Higher Prices? From the chart, it’s visible that this accumulation from the key investors has arrived while BTC has been going down after forming a new all-time high (ATH). This could be a potential indication that these holders still believe in the rally and see this drawdown as just a dip opportunity. That said, the 10 to 10,000 range is a bit wide, so while it does include the big-money investors, it also mixes up their behavior with some of the less-significant hands. Fortunately for Bitcoin, it would appear that the whales (1,000 to 10,000 BTC) agree with this trend of buying, as the chart shared by analyst Ali Martinez implies. As displayed in the graph, the whales of the cryptocurrency have added around 30,000 tokens to their holdings during the past few days, meaning that it’s not just the mid-sized hands buying this dip. BTC Price At the time of writing, Bitcoin is floating around $105,200, down over 2% in the last seven days. Featured image from Dall-E, Santiment.net, chart from TradingView.com
Amazon’s AI expansion may boost jobs, but it risks concentrating innovation in Big Tech’s hands, an expert told Decrypt.