Pulls back on mixed mood, uptrend faces key test

NZD/JPY stalls below 87.00 after three-day high; trend remains constructive above Ichimoku Cloud. Bulls need break above 87.73 to aim for YTD high at 89.70 and key 90.00 level. Drop below 85.97 Kijun-sen may trigger decline toward 85.85 and key support at 84.30–84.50. NZD/JPY retreated after reaching a three-day high of 86.82, dropping towards the … Read more

Elon Musk Backs Coinbase Warning: Bitcoin Could Replace Dollar Amid US Fiscal Crisis

Bitcoin is surging into the spotlight as Coinbase’s CEO and Elon Musk sound alarms on U.S. debt, signaling the crypto’s rise as a serious reserve currency contender. Elon Musk Supports Coinbase Outlook: Bitcoin May Topple US Dollar as Reserve Currency Coinbase CEO Brian Armstrong voiced concern on June 3 on social media platform X over … Read more

Bitcoin Price Crash Below $100,000 Still Possible: Analysts Issue Downtrend Warnings

Despite the recent rally to a new all-time high (ATH) of $111,900, crypto analysts have warned that the Bitcoin price could still witness a massive crash that will send it below $100,000. These analysts highlighted fundamentals and technicals that could spark this price crash.  Analysts Highlight Why Bitcoin Price Could Still Crash Below $100,000 In … Read more

Tether Leads Strategic Investment in Orionx to Increase Stablecoin Adoption in Latam

With this investment, Tether leads Orionx’s Series A funding round for an undisclosed amount, aiming to expand the company’s foothold in Latam. The region is considered a fertile market for stablecoin-based financial services, as it has the second-largest proportion of unbanked adults. Tether Leads Orionx Series A Funding Round Tether, the leading stablecoin company, has … Read more

Matador Technologies Raises C$1.64M To Invest In Their Bitcoin Reserve

Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF), a Bitcoin-focused tech company, announced that it has closed the second tranche of its non-brokered private placement, raising C$1,644,300 through the issuance of 2,652,097 units at a price of $0.62 per unit, with the proceeds going towards investing in their Bitcoin reserve. 🚨 Matador (TSXV: MATA | OTCQB: … Read more

Trump’s crypto ties cloud legislation in Congress

Leadership on the US House Financial Services Committee (HFSC) seemed like they were not going to reach common ground on how to regulate digital assets amid President Donald Trump’s potential conflicts of interest with the industry. In a June 4 hearing, committee ranking member Maxine Waters reiterated concerns that, without clarification within the bill, Trump … Read more