Key takeaway: The cryptocurrency market responded positively to today’s Consumer Price Index (CPI) report and reduced prospects of an escalating trade war between the US and China. Demand for alternative hedge instruments typically weakens in such scenarios, yet Bitcoin (BTC) neared $109,000, while Ether (ETH) posted a 3% gain, trading above $2,800. S&P 500 futures … Read more
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. 1inch, a leading DeFi aggregator that connects users to the best trading rates across multiple blockchains, … Read more
In a 68-30 vote, the US Senate chose to advance the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, more than a month after it was introduced. Speaking from the Senate floor on Wednesday, Majority Leader John Thune urged members of Congress to support the bill, echoing many of US President Donald … Read more
Are you wondering whether it’s time for altcoins to shine? The latest data from a key industry metric suggests we’re not quite there yet. The Altcoin Season Index, a popular gauge for understanding the current state of the crypto market, recently registered a figure that firmly places us in ‘Bitcoin Season’. Understanding the Altcoin Season … Read more
The cryptocurrency continued to hover just below $110K on Wednesday morning even as positive market data buoyed stock markets, before dipping below $109K later in the afternoon. BTC Holds Steady as Inflation Eases and US-China Trade Deal Boosts Market Sentiment A victory lap may be in the cards for the Trump administration as it successfully … Read more
This is a segment from The Drop newsletter. To read full editions, subscribe. Not all OpenSea users are happy about its plans to kill some features, as the company sets a date for its newly-launched OS2 to fully replace its predecessor. OS2, which primarily splits users into “Collectors” and “Pros,” was first teased back in … Read more
Today, June 11, 2025, the price of Hyperliquid’s HYPE token has reached a new all-time high, at nearly $43. This is a new crypto, which landed on the crypto markets only at the end of November last year, so at a time like this, it is not so unusual for it to register all-time highs. … Read more
The amount of staked ether has increased by more than 650,000 since the beginning of the year, reaching a record high of 34.653 million by June 8. This figure accounts for nearly 30% of the total circulating supply of ether. Mixed Fortunes for Ether, Bitcoin ETFs Since the start of the year, the number of … Read more
Wynn’s new wallet opened high-leverage longs on Bitcoin and PEPE. The wallet shows over $2 million in unrealized profits so far. Wynn had lost $100 million in May but still holds 770 Bitcoin. Just days after losing nearly $100 million in a single trade, crypto trader James Wynn is back in the spotlight and this … Read more
Key points: Bitcoin’s chance of hitting new highs increases as bulls show clear intent to defend the $109,000 level. ETH and HYPE are leading the altcoin charge. Bitcoin (BTC) has been holding near the $110,000 level, just short of the all-time high of $111,980. That suggests the bulls are holding on to their positions as … Read more