Bitcoin (BTC)’s narrative as a strategic reserve asset just gained more traction. Evertz Pharma GmbH, a premium natural cosmetics company based in Germany, made headlines this week after announcing a bold treasury move: the acquisition of an additional 100 BTC in May 2025, valued at roughly $10.8 million (€10 million). This brings their total Bitcoin holdings to a notable level and marks them as the first German company to formally adopt a Bitcoin reserve strategy. Company executives emphasized their long-term commitment. Managing Director Dominik Evertz described Bitcoin as aligned with their future-oriented business ethos, while CFO Tobias Evertz reiterated their intent to keep allocating earnings into BTC. JUST IN: Evertz Pharma becomes first company in Germany to buy Bitcoin for its balance sheet pic.twitter.com/jCPkh2QTh2 — Bitcoin Magazine (@BitcoinMagazine) June 11, 2025 The move not only enhances their financial resiliency but also signals growing corporate confidence in Bitcoin across Europe. This development follows a broader trend of businesses viewing BTC as an inflation hedge and digital gold. It also supports Bitcoin’s price base by increasing the amount of BTC locked in long-term holdings. Trump’s China Deal Lifts Risk Sentiment, BTC Follows Bitcoin got another tailwind from geopolitics. Former U.S. President Donald Trump announced via Truth Social that a long-awaited trade agreement with China has been finalized, pending only President Xi Jinping’s approval. The deal reportedly includes a rollback of select export tariffs and was confirmed by both nations’ commerce officials. BREAKING: TRUMP SAYS TRADE DEAL WITH CHINA IS DONE MARKETS LIKELY TO REACT STRONGLY! pic.twitter.com/awVibnj3xS — DustyBC Crypto (@TheDustyBC) June 11, 2025 In response to this, the BTC/USD pair surged to an intraday high of $110,300 ahead of pulling back to around $109,560. This follows months of volatility sparked by Trump’s earlier tariff threats, which had briefly driven BTC down to $74,434. The conclusion of the deal eased macro risk, lifting sentiment in both equity and crypto markets. Analysts suggest that reduced global trade friction could serve as a catalyst for Bitcoin to retest and potentially surpass its all-time highs, especially if macroeconomic stability continues. Bitcoin Holds Key Support Amid Inflation Watch Despite a slight 1.4% dip in the last 24 hours, Bitcoin price prediction remains technically supported. Trading near $108,610, the two-hour chart reveals BTC sitting atop a confluence of supports: the 50-EMA ($108,123), ascending trendline, and the 0.382 Fibonacci retracement at $108,595. Bitcoin Price Chart – Source: Tradingview Candlestick action shows indecision, with repeated rejection near $109,355 and $110,574. The MACD has turned bearish, with a widening gap, suggesting further weakness. However, bulls still have a case: so long as BTC holds above $108,100, a rebound remains possible. Short-Term Trade Setup: Entry: Above $108,800 (bullish candle confirmation) Stop-loss: Below $107,950 Target 1: $109,355 Target 2: $110,574 Bitcoin Hyper Presale Surges Past $1M—Layer 2 Just Got a Meme-Sized Boost Bitcoin Hyper ($HYPER) has smashed through the $1 million mark in its public presale, raising $1,094,415.49 out of a $1.28 million target. With just hours left before the price jumps to the next tier, buyers can still lock in $0.01185 per HYPER. As the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), Bitcoin Hyper brings fast, low-cost smart contracts to the BTC ecosystem. It merges Bitcoin’s security with SVM’s scalability, enabling high-speed dApps, meme coins, and payments—all with cheap gas fees and seamless BTC bridging. Audited by Consult, Bitcoin Hyper is engineered for speed, trust, and scale. Over 77.7 million $HYPER are already staked, with estimated 675% APY post-launch rewards. The token also powers gas fees, dApp access, and governance. The presale accepts crypto and cards, and thanks to Web3Payments, no wallet is needed. Meme appeal meets real utility—Bitcoin Hyper might be Layer 2’s breakout star of 2025. The post Bitcoin Price Prediction: BTC Eyes $110K as Evertz, Trump Fuel Momentum appeared first on Cryptonews .
The post DWF Labs’ Andrei Grachev Challenges Near Protocol to Cut Inflation of NEAR By 50% To Attract More Investment appeared first on Coinpedia Fintech News Andrei Grachev, a top executive at DWF Labs, has challenged the core developers at Near Protocol (NEAR) to reduce the token’s inflation from 5 percent to 2.5 percent. In an X post on Wednesday, Grachev requested the core developers at Near Protocol to consider theThe move to boost the long term prospects of the project. Grachev reminded the core founders that DWF Labs currently holds 5 million NEAR tokens and has staked an additional 6 million tokens. To spice up the proposal, Grachev told the core developers that DWF Labs would purchase an additional 10 million NEAR tokens. Meanwhile, Bowen Wang, a developer at Near Protocol, welcomed the idea of reducing the token’s inflation but highlighted that the final move is up to the community. Moreover, the current inflation is part of the incentive plan to attract more holders to stake NEAR tokens and secure the protocol. I think it could be a good idea to reduce inflation to make the tokenomics more sustainable, but it is up to the community to decide — Bowen Wang (@BowenWang18) June 11, 2025 Closer Look at NEAR Price Action Amid the highly anticipated altseason 2025, catalyzed by rising institutional demand and imminent reversal of the Bitcoin dominance, NEAR price has signaled bullish sentiment. The mid-cap altcoin, with a fully diluted valuation of about $3.2 billion and a 24-hour average trading volume of about $186 million, gained over 5 percent in the last seven days to trade about $2.57 at the time of this writing. Super interesting level for $NEAR here. Confluence of both diagonal and horizontal levels. After the double bottom, if we break here it would be a super positive sign for a bullish trend resumption. Time to pay attention! pic.twitter.com/GfRvzGRHZX — Sjuul | AltCryptoGems (@AltCryptoGems) June 11, 2025 From a technical analysis standpoint, the NEAR price is on the cusp of a major uproar if it consistently closes above the established falling logarithmic trend. In the daily timeframe, NEAR price has formed a potential inverse head and shoulders pattern, signaling bullish sentiment in the near term. The bullish sentiment is also bolstered by the weekly MACD line that recently crossed the signal line amid growing bullish histograms.
As Bitcoin coming closer to all-time high, altcoins might not reach same growth pace
Financial giant Goldman Sachs is reportedly taking legal action against an unaffiliated bankruptcy specialist who has been running a side company called “Goldman Sachs Capital LLC.” The Wall Street Journal reports that Arian Eghbali, 40, registered Goldman Sachs Capital with the California Secretary of State’s office in 2022, listing himself as the firm’s chief executive in 2024. Nick Carcaterra, a spokesperson at the actual Goldman Sachs, tells the WSJ that Eghbali hasn’t worked for the financial giant, which is taking action regarding the use of its name. Eghbali reportedly represents trade creditors through his firm Olympus Guardians and is involved in numerous cases related to high-profile companies like Forever 21, Hooters and Virgin Orbit. The California businessman tells the WSJ he considered embarking on a business venture that he thought would receive funds from the actual Goldman Sachs, so he registered Goldman Sachs Capital. That venture didn’t materialize, and Eghbali has since used the LLC to maximize employee retention credits (ERCs), refundable tax credits designed to encourage employers to keep on employees during the pandemic. Carcaterra, however, tells the WSJ that Eghbali’s reasoning for registering Goldman Sachs Capital does not follow logic. A representative for the California Secretary of State’s Office tells the WSJ that it doesn’t regulate brand or intellectual-property issues and only cross-checks registrations against names that are already in its system, not national brands. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Goldman Sachs Taking Action Against Unaffiliated Bankruptcy Specialist Who Opened Separate Company in Bank’s Name: Report appeared first on The Daily Hodl .
Bitcoin's recent surge has caught the spotlight, but savvy investors are now eyeing altcoins for potential gains. Capital flows are shifting, signaling a new wave of opportunities. Discover which three altcoins experts believe are set to soar in the next market phase. Hedera HBAR: Past Declines Spotlight Key Price Levels for Future Moves Over the past month, Hedera has seen a decline of nearly 19% following a modest one-week gain. The coin's performance over the last six months has shown a consistent downward trajectory, with a total drop of around 40% indicating ongoing selling pressure. Buyers have struggled to regain momentum, and the recovery attempts have been weak, reflecting a market still in a bearish sentiment. Traders are growing cautious, as the coin remains unable to shift its negative trend significantly, which may lead to increased uncertainty in the near future. Current pricing for Hedera is between $0.1431 and $0.2112, with immediate resistance at $0.2538 and key support around $0.1177. The RSI near 49.79 suggests a neutral market stance, but moving averages lean slightly bearish. Traders should monitor the lower support closely; a bounce from $0.1177 could present a buying opportunity if supported by volume. Breaking through the $0.2538 barrier is crucial for testing further resistance at $0.3219. A drop below $0.1177 could lead to declines towards $0.0497, signaling a need for caution and defined stop-loss strategies as the market awaits clarity. Pi Network: Six-Month Surge Amid Recent Price Corrections PI saw a significant pullback recently, with prices dropping nearly 19% in the last month and a modest 2% decline in the past week. Over the previous half-year, however, it surged by over 500%, showing strong long-term momentum. This dramatic rebound contrasts sharply with the recent volatility, indicating robust demand despite short-term price corrections. The price action reflects a wide-ranging recovery that highlights the potential for future gains even when facing a dip in momentum. Current price levels sit between approximately $0.26 and $1.36, with initial resistance around $2.06 and a secondary barrier near $3.16. The market is currently under bearish pressure, with indicators like moving averages suggesting a negative trend. RSI readings in the low 40s indicate that bears maintain short-term control but are not at critical resistance levels. No clear trend has emerged, making it essential for traders to monitor price behavior closely. Trading on declines toward support levels may favor short-term strategies, while a break above $2.06 could spark buying interest aimed at reaching $3.16. Cronos Price Analysis: Short-Term Levels Amid Long-Term Decline Over the last month, Cronos declined by about 4%, with weekly moves around -2%. In the past six months, the coin experienced a significant drop of approximately 46%. Price action has remained within a narrow range, fluctuating between $0.09 and $0.12. This trend indicates a market under pressure, characterized by slight negative momentum and technical indicators trending downward. Despite the extended decline, the coin trades within clear boundaries that could offer opportunities for a rebound should buying pressure return. Currently, Cronos is trading between $0.09 and $0.12, facing key levels that shape its trading activity. Resistance is at $0.12, while support rests at $0.08, creating distinct boundaries for near-term price movements. A secondary resistance level at $0.15 and additional support at $0.05 further define potential trading zones. Oscillator readings indicate mild downward pressure, while the RSI near 54 shows a balanced market that is neither oversold nor overbought. This lack of dominance by bulls or bears leaves room for traders to explore opportunities on both sides. Traders may consider buying near the 8-cent support or selling near the $0.12 resistance to capitalize on short-term movements. Conclusion Capital is moving away from Bitcoin and into alternative coins. HBAR offers fast transaction speeds and strong security. PI is gaining attention for its unique consensus mechanism. CRO is expanding its reach through strategic partnerships and user incentives. These coins show promising potential for growth in the next phase of the market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitcoin’s network activity has notably declined amid a surge in institutional ETF inflows, signaling a complex dynamic between retail and institutional market participants. While retail engagement appears subdued with fewer
GameStop has unveiled a strategic financing move by issuing $1.75 billion in convertible senior notes via a private placement, as reported by COINOTAG News and Businesswire on June 12. These
Peter Schiff reflects regret over not investing in Bitcoin earlier. His traditional gold advocacy contrasts Bitcoin's growing acceptance. Continue Reading: Peter Schiff Admits Regret Over Missing Bitcoin Boom The post Peter Schiff Admits Regret Over Missing Bitcoin Boom appeared first on COINTURK NEWS .
Bitcoin’s price outlook for Q3 2024 suggests a period of modest gains rather than the explosive growth many investors anticipate, influenced by market sentiment and historical trends. Analysts highlight that
Ethereum’s derivatives market has reached a pivotal moment as its Open Interest surpasses Bitcoin, signaling increased institutional interest and potential market shifts. Following the recent Pectra upgrade and ongoing ETF