On June 3rd, COINOTAG News reported that renowned crypto whale James Wynn has adjusted his strategy amid fluctuating market conditions. According to on-chain data, his newly initiated 40x Bitcoin long
Bitcoin remains under intense scrutiny as short-term holders (STH) face mounting losses, influencing market volatility significantly. Despite a recent bullish push, the behavior of STHs is crucial for determining Bitcoin’s
Market facing some serious pressure, but things might not get better at this point
Wisconsin Senator Ron Johnson says that America’s aggressive spending could result in a total collapse of the social system. In a new interview with Tucker Carlson, Johnson says that there may be a time when those living on social benefits will be left out to dry if the government can no longer afford to fund its extensive welfare state while also running massive deficits. Says Johnson, “If you’re living on different transfer payments or different types of welfare benefits, you may not get those. You can’t borrow more money, so you’re going to have to take what money we spend on other government programs, and we’ll have to service our debt. You have to pay it off, unless we want to go into full default… Which means you’ll never float more debt, so other than print more money, which creates even more hyperinflation… We will lose our position as the world’s reserve currency, and we’ll lose our ability to print dollars that people accept. It’s a marvelous thing that we just print dollars, we can send them overseas, people will produce products and ship them over here, high-quality products at a pretty low cost. That’s one of the reasons we’ve been able to keep inflation in check, producing all these massive deficits over the last couple of decades, because we do import a lot of products. We’ve got billions of people that are either un or under-employed around the world, we provide the capital, they produce the factories, they produce the goods, we just give them paper. It’s fiat currency, we print it, we keep printing it, and it’s been working out pretty well. At some point in time, that gravy train might stop.” 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 ‘Gravy Train’ of US Spending Could Come to an End, Putting Lower Income Americans in Poverty: Senator Ron Johnson appeared first on The Daily Hodl .
Over the past few weeks, the crypto market has slowly recovered from its previously extended bear cycle , with the Bitcoin price making new all-time highs and Ethereum surging to unexpected levels. Now, bold predictions of a new price peak and a possibly parabolic altcoin season are spreading, with a crypto analyst forecasting Bitcoin climbing to $200,000 and Ethereum hitting $10,000. Ethereum And Bitcoin Price Eye Their Biggest Moves Yet The Bitcoin price is on a trajectory toward $200,00,0 , and Ethereum could reach $10,000 by the end of 2025, according to market expert Ash Crypto. This bold prediction is backed by market signals that suggest that the next phase of the crypto bull cycle is accelerating. After months of sideways consolidation , the market appears to be on the verge of a massive upward move, and Ash Crypto believes that this will not only be a breakout for top assets but also the beginning of a full-scale altcoin season . Historically, strong rallies in Bitcoin and Ethereum act as precursors to altcoin surges, with capital rotating back from large-cap coins into smaller, high-potential tokens. As the Bitcoin Dominance (BTC.D) tops , altcoins typically begin outperforming, delivering exponential gains in short timeframes. During the last bull cycle, Ethereum skyrocketed to new all-time highs, leading the altcoin market and paving the way for other cryptocurrencies to surge. Current data shows that similar patterns are forming, indicating that the altcoin cycle could begin as soon as BTC and ETH break through key resistance levels and reach their highest levels yet . The message to investors and traders by Ash Crypto is to “not get shaken out and not sell early”. He highlights that selling at current levels, especially after enduring deep drawdowns , would be premature. Presently, Bitcoin is roughly 50% below its projected target of $200,000, while Ethereum still trades well under $5,000. At the same time, many altcoins are trading 70-90% below their previous highs, presenting a rare opportunity for high-risk and high-reward plays. As Bitcoin and Ethereum set the stage, Ash Crypto is projecting 10x to 20x returns on select assets, particularly those with strong utility, active development, real-world use cases, and a vibrant and supportive community. Altcoin Season Ready To Run As BTC.D Peaks Sharing similar sentiments about an impending altcoin season, market expert CryptoElites announced on X that the Bitcoin Dominance has officially reached a peak. The analyst shared a chart with BTC.D sitting at a high of 64.35%, indicating that altcoins may be preparing to skyrocket. Notably, after the Bitcoin Dominance reached critical resistance zones and peaked in 2021 and 2019, altcoins outperformed significantly. The analyst’s chart shows that altcoins jumped by a whopping 50x in 2021, as capital rotated out of BTC . Now, in 2025, BTC.D has reportedly reached its highest price around similar key resistance levels. If it tops out and reverses just like before, CryptoElites predicts that a new altcoin season will begin, potentially paving the way for another 50x gains in select cryptocurrencies.
As Bitcoin (BTC) retreats from its recent all-time high (ATH) of $111,814 – currently trading in the mid-$100,000 range – emerging on-chain data signals that the cryptocurrency’s strong momentum over the past month may be waning. Deeper Correction Ahead For Bitcoin? According to a recent CryptoQuant Quicktake post by contributor Amr Taha, the Bitcoin market is undergoing several notable on-chain shifts. These include significant stablecoin outflows from Binance, a decline in long-term holder (LTH) participation, and diverging accumulation patterns among wallet cohorts. Related Reading: Bitcoin Eyeing $112,000 After Bullish Double Bottom Breakout, Analyst Says One of the most striking indicators is the net outflow of over $1 billion in stablecoins from Binance. This suggests traders are moving funds off the exchange and into private wallets, typically a sign of reduced risk appetite or diminished intent to buy crypto in the near term. Such large-scale stablecoin withdrawals often indicate declining buying power and can precede a loss of market momentum or a shift toward profit-taking and caution. If the trend continues, BTC may slip further, potentially losing the psychologically important $100,000 level. In parallel, long-term holders (LTH) have also pulled back. The Net Position Realized Cap for LTHs plummeted from $28 billion to just $2 billion by the end of May 2025 – signaling that these investors are no longer increasing their exposure despite the recent price surge. Further, 60-day wallet behavior trends point to a divergence in market sentiment. Large holders with 1,000 to 10,000 BTC have been gradually offloading their positions, while smaller retail cohorts holding 100 to 1,000 BTC have been aggressively accumulating, buying into the rally. Taha remarked: The combination of heavy stablecoin withdrawals, reduced LTH accumulation, and shifting cohort behaviors signals a market in transition. Whether this sets the stage for a cooling-off period, a healthy consolidation, or renewed momentum will depend on how new capital re-enters the system and whether retail buyers can sustain the current rally without institutional reinforcement. All Hope Is Not Lost While the aforementioned data points hint toward a potential looming price correction for the apex digital asset, other on-chain data shows that BTC is likely to continue its upward trajectory, potentially to new ATHs. Related Reading: Bitcoin Surges With Low Retail Interest – Is A Second Wave Coming? CryptoQuant contributor Crypto Dan recently highlighted that the Bitcoin Net Realized Profit/Loss (NRPL) metric supports a continued upward trajectory, noting that current profit-taking levels are modest compared to previous cycle peaks. Additionally, BTC outflows from centralized exchanges are increasing, with a recent 7,883 BTC withdrawal from Coinbase. This could point to renewed institutional interest and accumulation in anticipation of another upward move. At press time, BTC trades at $103,854, down 0.2% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Short-term holders drive Bitcoin volatility, but stabilizing above key levels could sustain bullish momentum.
As trade tensions mount and retail demand wanes, cryptocurrencies like Solana, XRP, and Dogecoin are witnessing a significant pullback, lagging behind Bitcoin’s performance. The recent decline in digital asset values
Google will spend $500 million over the next 10 years overhauling its compliance system as part of a settlement to clear up shareholder lawsuits. The search engine company was accused of violating antitrust laws. There will be amendments to establishing a new board committee focused on risk oversight and compliance , which was previously overseen by Alphabet’s audit and compliance committee. This came after the initial agreement addressed so-called derivative lawsuits against top officials at Google’s parent company, Alphabet. They include CEO Sundar Pichai and co-founders Sergey Brin and Larry Page. This filing took place recently. US District Judge Rita Lin in San Francisco must still approve the agreement. Google agrees on a settlement with its shareholders in antitrust lawsuit The DOJ antitrust lawsuit against Google is pending, but the company has settled with its shareholders over the same allegations. Shareholders led by two Michigan pension funds had accused executives and directors at Google of dereliction of duties. According to them, this exposed the company to potential antitrust issues related to its search, Ad Tech, Android and app distribution businesses, and advertising technology. As part of the settlement, Alphabet plans to create a senior vice president-level committee to deal with regulatory and compliance issues and report directly to Pichai. Managers from Google’s product teams and internal compliance experts will also form the compliance committee. While it may have agreed to this settlement, Google maintains that it did nothing wrong. The Mountain View, California-based company claimed it has invested heavily in building strong compliance mechanisms. Google asserted that it was pleased to commit to avoid prolonged legal disputes . The shareholders’ attorneys revealed that the changes were rarely seen in shareholder derivative cases, representing a complete overhaul of Alphabet’s compliance efforts. Based on the attorneys’ argument, the changes have been made to a “deeply rooted culture change.” The changes must stay in effect for at least four years, and shareholders will not receive any payments. Patrick Coughlin wants to seek $80 million more on top of a $500 million settlement Patrick Coughlin, a shareholder lawyer, described the settlement in an interview as one of the largest ever made by a company to support compliance committees for regulations. Coughlin revealed they found that the board was not getting full reports of antitrust risks. “There were actions it could have taken and should have taken much earlier,” he added. The announcement of the settlement coincided with a hearing by US District Judge Amit Mehta in Washington, who last August determined that Google broke federal antitrust laws to keep its search dominance. The shareholders’ lawyer intends to seek as much as $80 million for legal fees and expenses on top of a $500 million settlement. Neither the shareholders’ lawyers nor Google responded to requests for comment. KEY Difference Wire helps crypto brands break through and dominate headlines fast
Solana, XRP and Dogecoin have trailed Bitcoin as trade tensions and weak retail demand fuel a broader crypto pullback.