Bitcoin Bollinger Bands Warnings Shows BTC Price Rejection in What Could Lead to Consolidation

Key points: BTC price action has rejected from the upper Bollinger Band several times since April. The metric’s creator now sees the potential for the local uptrend to end altogether. Bitcoin bulls face multiple headwinds in June. Bitcoin (BTC) is signalling the end of its local uptrend after rejection at $110,000, one of the best-known … Read more

Polygon Has a New Plan: Is It Too Late for POL?

Polygon plans to pivot, focusing on the PoS and AggLayer with leadership from CEO Sandeep Nailwal. POL has been dragging lower as Ethereum layer-2 solutions like Base and Arbitrum increase in TVL. Ethereum is inherently less scalable, making it impossible to run a Facebook-like dApp without users incurring thousands in fees and congesting the network. … Read more

GameStop Shares down 20% on $500M upsizing, signaling Bitcoin Investments

Video game and consumer electronics retailer GameStop has increased its planned private convertible note offering to $2.25 billion, signaling a deeper commitment to building out its corporate Bitcoin treasury. GameStop upsized its private convertible note offering to $2.25 billion on Thursday, with the sales of the notes expected to close on June 17. The video … Read more

broadly unchanged on June 13

Silver prices (XAG/USD) broadly unchanged on Friday, according to FXStreet data.Silver trades at $36.34 per troy ounce, broadly unchanged0.01% from the $36.35 it cost on Thursday. Silver prices have increased by 25.79% since the beginning of the year. Unit measure Silver Price Today in USD Troy Ounce 36.34 1 Gram 1.17 The Gold/Silver ratio, which … Read more

Brilliant Rewards or Subscription Trap?

Coinbase’s newly announced Bitcoin rewards credit card promises up to 4% back on every purchase, but the mandatory Coinbase One subscription requirement raises questions about whether this is primarily a customer acquisition tool for the company’s ‘struggling-to-scale’ premium service. A deeper look at the fee structure and timing suggests this may be less about revolutionizing … Read more

Czech Republic’s Bitcoin Scandal May Prompt Regulatory Review Amid Political Uncertainty

The Czech government recently faced a no-confidence vote triggered by a scandal involving undisclosed bitcoin holdings among senior officials, spotlighting the urgent need for robust crypto regulations. This political crisis underscores the complex challenges of integrating decentralized digital assets into national governance and regulatory frameworks. According to COINOTAG, “The incident reveals critical gaps in transparency … Read more

Shopify Launches USDC Payments With Coinbase

Global e-commerce giant Shopify is rolling out early access to stablecoin payments in Circle’s USDC in collaboration with major US exchange Coinbase. Shopify plans to fully roll out USDC (USDC) payments on Coinbase’s Ethereum layer-2 (L2) network Base via Shopify Payments and Shop Pay throughout the year, the company announced on Thursday. “We think that … Read more

Shiba Inu’s Early Days Created Millionaires — Arctic Pablo’s Presale Is Your Second Chance for Exponential Returns

In crypto, stories of early believers turning modest investments into life-changing wealth aren’t just myths but milestones. Take Shiba Inu, for example. Labeled the “Dogecoin killer” in its infancy, Shiba Inu entered the market quietly in August 2020. Its initial trading price? A jaw-dropping $0.00000000051. Skeptics laughed. Visionaries bought. And by October 2021, Shiba Inu … Read more