On-chain data shows Ethereum has just witnessed its largest daily withdrawal in over a month, a sign that may turn out to be bullish for the asset’s price. Ethereum Has Recently Seen Notable Exchange Outflows As explained by the institutional DeFi solutions provider Sentora (formerly IntoTheBlock) in a new post on X, a large amount of Ethereum has left exchanges. The on-chain indicator of interest here is the “Exchange Netflow,” which measures the net amount of ETH entering into or exiting out of the wallets associated with centralized exchanges. When the value of this metric is positive, it means the exchanges are receiving a net number of deposits. As one of the main reasons why investors deposit their tokens to these platforms is for selling-related purposes, this kind of trend can have a bearish implication for the ETH price. Related Reading: Tron Has Plenty Of Room For A 2025 Bull Run, Risk Metric Signals On the other hand, the indicator being below zero suggests the exchange outflows outweigh the inflows. Such a trend can imply the holders are accumulating, which can naturally have a bullish effect on the asset. Now, here is the chart shared by Sentora that shows the trend in the Ethereum Exchange Netflow over the past month: As displayed in the above graph, the Ethereum Exchange Netflow has seen a sharp negative spike during the past day, which suggests the investors have withdrawn a significant amount of the cryptocurrency. In total, the exchanges have handled net outflows of more than 140,000 ETH (worth about $390 million) with this withdrawal spree. This is the largest single-day exit that these platforms have faced in over a month. These outflows have come as Ethereum has been attempting a breakout from its month-long range. As such, it’s possible that a portion of the large holders of the market have some level of confidence in this rally. In some other news, the cash-margined Ethereum Futures Open Interest has set a new all-time high, as the on-chain analytics firm Glassnode has revealed in an X post. The Futures Open Interest is an indicator that measures the total amount of positions related to Ethereum that are currently open on all derivatives platforms. Here, the ‘cash-margined’ Open Interest is of relevance, which includes all the contracts that have fiat/stablecoins as collateral. Related Reading: Bitcoin Options Traders Expect Quiet—But On-Chain Data Suggests Chaos From the chart, it’s apparent that this metric has recently seen some rapid growth and has achieved a new record of about $20 billion. “Despite a slight pullback from the $2.8K levels, leverage continues to build as traders load up using stablecoins,” notes Glassnode. ETH Price Ethereum crossed beyond the $2,800 level earlier, but it appears it has seen a setback as its price is back at $2,750. Featured image from Dall-E, Glassnode.com, IntoTheBlock.com, chart from TradingView.com
Ethereum Exchange-Traded Funds (ETFs) are demonstrating inflow patterns strikingly similar to those observed during the initial launch of Bitcoin ETFs, signaling robust institutional and retail interest in Ethereum as a
The post Czech Opposition Pushes No-Confidence Vote Over $45M Bitcoin Deal Scandal appeared first on Coinpedia Fintech News The Czech government is facing strong backlash after it was revealed that nearly $45 million worth of Bitcoin, seized from a convicted criminal, was quietly sold by the Justice Ministry. The sale has now sparked a political storm, leading to the resignation of the justice minister and a call for a no-confidence motion in parliament. $45 Million Bitcoin Scandal The scandal started when the Czech Justice Ministry revealed it had auctioned nearly 500 Bitcoins. These digital assets were seized from Tomas Jirikovsky, an online drug dealer convicted in 2017. He had been in prison from 2017 to 2021 for drug trafficking, fraud, and illegal possession of weapons. While the sale raised approximately 1 billion Czech koruna (about $45 million), the opposition argues that the transaction lacked proper transparency and oversight. Meanwhile, Justice Minister Blazek was criticized for accepting the funds without involving police or prosecutors to verify if the assets were legal, raising concerns about whether the government may have unintentionally legitimized money from criminal sources. Opposition Call For No-Confidence Motion Alena Schillerova, vice chair of the opposition ANO party, called the situation unacceptable. In a recent tweet post , she said there was “no choice” but to file a no-confidence motion, which is now scheduled for Tuesday. ANO is demanding to know who approved the sale, whether the Bitcoin’s origins were legally verified, and if any party improperly benefited. This case highlights the growing need for transparency when governments handle digital assets like Bitcoin. With public trust at stake and elections approaching, how the Czech government responds now could shape its political future. Justice Minister Steps Down As pressure grew, Justice Minister Pavel Blazek resigned on May 30. Although he denied any wrongdoing, he said he was stepping down to protect the government’s image ahead of the October elections. Eva Decroix has stepped in as the new justice minister and has promised an independent probe into the sale. She has also said the ministry will fully cooperate during the investigation. Crypto Scandals Aren’t Just Local This controversy isn’t happening in a vacuum. Around the world, other political leaders are facing similar heat. Argentina’s President Javier Milei faced backlash after a token he promoted collapsed in price, though he was later cleared. In the U.S., Donald Trump is under scrutiny from Democrats over his crypto connections.
Two publicly listed companies, Japan’s Remixpoint and the UK’s Smarter Web Company, have significantly expanded their Bitcoin reserves.…
More on Bitcoin USD Bitcoin Trading Volume Surpasses 3-Day Average, Signalling Strong Buyer Conviction (Technical Analysis) Bitcoin: Tweezer Bottom Indicates A Reversal Is Possible (Technical Analysis) How Bitcoin Is Becoming A Cornerstone Of American Economic Policy Bitcoin is the new 'refuge' as U.S. debt grows exponentially, Coinbase CEO says This is still the most hated V-shaped rally - Tom Lee
The article discusses Bitcoin's growing status as a mainstream macro asset. Novogratz emphasizes institutional interest and Bitcoin's potential to replace gold. Continue Reading: Bitcoin Surges Forward as a Dominant Asset The post Bitcoin Surges Forward as a Dominant Asset appeared first on COINTURK NEWS .
The crypto market is dipping in a “risk-off” reaction to news of Israeli airstrikes on Iran Despite the dip, on-chain data shows whales are accumulating specific altcoins For instance, whales have loaded over $120 million in Cardano (ADA) by this time While the market briefly rallied on news of a nearly-settled U.S.-China trade deal, escalating geopolitical tensions following Israeli airstrikes on Iran have reversed sentiment and put the crypto market under bearish pressure once again. Bitcoin continues to dip, testing key support levels; however, while the geopolitical turmoil is sparking a broad “risk-off” move, on-chain data reveals crypto whales seem to be making their next big move. One analyst has listed a few whale-favourite altcoins that could be gearing up for a rally soon. Altcoin 1: Cardano (ADA) In the last few days, whales have bought over $120 million worth of Cardano (ADA), according to whale alert. At the same time, Bloomberg Intelligence raised the chances of a Cardano ETF approval to 75% by 2025. Whales have bought over 120 million #Cardano $ADA over the past 48 hours! pic.twitter.com/TBp6OL1zQq — Ali (@ali_charts) June 10, 2025 … The post Buying the Fear: How Whales Are Using Israel-Iran Tensions to Accumulate Key Altcoins appeared first on Coin Edition .
WBT, the utility token of the crypto exchange WhiteBIT, emerged as the top-performing coin today, defying the broader bearish market trend triggered by Israel’s attack on Iran earlier today. According to data from crypto.news, WhiteBIT Coin ( WBT ) rallied for the third straight day, hitting a new all-time high of $34.3 on June 13 afternoon Asian time. As of press time, its price has settled at $33.67 with a market cap of $4.85 billion, ranking it as the 33rd among the top 100 cryptocurrencies by market cap. WBT retained some of its past day gains as the broader crypto market was reeling from Israel’s launch of a major military attack against Iran early morning on June 13, in response to which Iran has promised to take retaliatory measures of its own. Bitcoin ( BTC ) dropped about 5% to an intraday low of $103,081, while major altcoins like Ethereum ( ETH ), XRP ( XRP ), Solana ( SOL ), and Dogecoin ( DO G E ) saw losses between 6%-10%, with crypto liquidations soaring 125% to $1.2 billion in a day. You might also like: Tencent reopens talks to acquire South Korea’s Nexon, a game developer exploring blockchain Why is WBT rallying? One key factor driving WBT’s gains today is its announcement of a spot listing for the HOME token, which powers the DeFi App platform, while also adding a HOME-PERP pair to its futures section, drawing in more traders and boosting volume. WBT also gained investor interest as the exchange teased an upcoming partnership with an undisclosed European football club. On-chain activity further supports the bullish sentiment. Data shows a 580% spike in daily active addresses, a strong sign that more users are interacting with the WhiteBIT ecosystem. Meanwhile, Santiment reported a notable increase in whale accumulation, indicating that large holders are buying up WBT. This kind of activity often signals confidence in the token’s longer-term potential and can amplify price momentum during bullish phases . Source: Santiment At press time, WBT had shed some of its gains but still managed to retain its position as the highest gainer among the top 100 cryptocurrencies, with bullish momentum continuing to outweigh broader market selling pressure. WBT price analysis On the 1-day USDT chart, WBT looks to have been forming an ascending broadening wedge pattern since early May, typically a sign of increasing volatility within an uptrend. WBT price, MACD and Aroon chart — June 13 | Source: crypto.news The Aroon Up indicator is currently at 92.86%, while Aroon Down is at 28.57%, showing that bullish momentum is still in play. The MACD lines are also pointing upward, adding to the positive sentiment. If this momentum holds, WBT could climb toward the key psychological level of $35. A clear breakout above that would confirm the bullish pattern and may encourage bulls to aim for $38 next, marking a 13% gain from current prices. On the contrary, if market risk sentiment weakens due to escalating macro tensions, the nearest support level to watch would be around $31, where traders previously stepped in to buy the dip. Read more: Behind the scenes at WhiteBIT’s epic live crypto trading showdown Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The post Crypto Liquidations: $1.14 Billion Wiped Out as Market Faces Double Attack? appeared first on Coinpedia Fintech News The crypto market today has witnessed a steep fall. The prime reason for this is the war tensions between Israel and Iran. The dispute escalated again as Israel launched an air strike on Iran’s nuclear facilities on June 13. Moreover, the U.S. Federal Reserve’s latest inflation report refused hopes for any interest rate cuts in June. This dual pressure from geopolitics and monetary policy has sent shockwaves through the market, leading to over $1.14 billion in liquidations. As crypto traders took the brunt, many sought refuge in safer assets like gold, with PAX Gold and Tether Gold among the rare green tokens in a sea of red. $1.14 Billion Worth Liquidation Hits Traders In the past 24 hours, 246,590 traders have been liquidated, which highlights a severe slash across the derivatives market. The total liquidations as of press time have spiked to $1.14 billion, emphasizing the intense volatility triggered by the external factors. Source: CoinGlass The single largest liquidation was registered on Binance’s BTC/USDT pair, wiping out a jaw-dropping $201.31 million in one go. Binance accounted for the largest share overall, registering $455.60M, Bybit followed next with $370.83M, and OKX with $125.58M. Bitcoin and Ethereum took the major brunt among cryptocurrencies, with $443.77M and $289.96M, respectively, in liquidation volume. Other altcoins, such as SOL, saw $51.95M, and DOGE took $25.61M in liquidations. Source: CoinGlass Where Is the Crypto Market Heading? At the time of press, the total market cap of the industry stands at $3.37 trillion, down 2.51%, while 24-hour trading volume is down 4.77% at $129.97 billion. The Fear & Greed Index remains at a greed-driven score of 61, which is expected to come lower as the day passes. Bitcoin presently trades 3.12% lower at $104,437.94, while Ethereum has taken a bigger hit, down 8.85% at $2,517.03. Major altcoins also faced pressure, with XRP at a 5.47% loss to $2.12 and SOL down 9.74% to $144.33. With BTC dominance at 63.2% and ETH at 9.8%, the market remains heavily reliant on Bitcoin’s resilience. However, unless geopolitical risks settle and macroeconomic stability returns, further downside could be in store. Also read our Bitcoin (BTC) Price Prediction 2025, 2026-2030 ! .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. .subscription-options li { display: none; } .research-report-subscribe{ background-color: #0052CC; padding: 12px 20px; border-radius: 8px; color: #fff; font-weight: 500; font-size: 14px; width: 96%; } .research-report-subscribe img{ vertical-align: sub; margin-right: 2px; } Subscribe to News var templateIds = "6"; var listOfSubscribed = []; function subscribed_popupmodal(template_id) { var templateId = '6'; getAllSubscriberCategoryList([templateId]); var subcribemodal = window.parent.document.getElementById('subscribe-modal-design'); if (subcribemodal) { var modalContent = ` Never Miss a Beat in the Crypto World! Stay informed and gain the edge you need to navigate the crypto world. Select your subscription now Daily Get real-time crypto news, market insights, and blockchain updates. Weekly Stay updated with major trends, funding news, and price analysis. Monthly Receive a detailed report with market analysis and expert predictions. Subscribe Now `; subcribemodal.innerHTML = modalContent; } subscribe_unsubscribe_status(template_id); //getAllSubscriberCategoryList(template_id); } function toggleSubscription(subscription, template_id) { var subscriptionCheckbox = document.getElementById(subscription + '_' + template_id); var li = document.getElementById(subscription + 'Selected_' + template_id); if (subscriptionCheckbox.checked) { li.classList.add('active'); } else { li.classList.remove('active'); } } function getAllSubscriberCategoryList(getcategoryId) { jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'GET', data: { action: 'subscribe_api_ajax_request', apiurl: '/app/email_newsletter/list', }, success: function(response) { var result = JSON.parse(response.message); if (result.status === true) { var idstosubscribed = [] // Populate listOfSubscribed with subscribed category IDs result.message.forEach(listofcategory => { if (listofcategory.subscribe_status === 1) { if (!listOfSubscribed.includes(listofcategory._id)) { listOfSubscribed.push(listofcategory._id); } if (!idstosubscribed.includes(listofcategory.news_cp_category_row_id)) { idstosubscribed.push(listofcategory.news_cp_category_row_id); } } }); idstosubscribed.forEach(id => { var subscribeButton = document.getElementById('subscribe_' + id); var unsubscribeButton = document.getElementById('unsubscribe_' + id); if (subscribeButton && unsubscribeButton) { subscribeButton.style.display = 'none'; unsubscribeButton.style.display = 'block'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'block'; } } }); } }, error: function(xhr, status, error) { console.error('Error:', error); } }); } function subscribe_unsubscribe_status(getcategoryId) { var elementTounsubscribe = parent.document.getElementById('unsubscribe_' + getcategoryId); var elementTosubscribe = parent.document.getElementById('subscribe_' + getcategoryId); jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'POST', data: { action: 'subscribe_api_ajax_request', apiurl: '/app/email_newsletter/list?category_row_id=' + getcategoryId, }, success: function(response) { var result = JSON.parse(response.message); if (result.status === true) { parent.jQuery('.skeliton-loader-block').hide(); var hasSubscribeStatusOne = false; result.message.forEach(subscribeStatus => { if (listOfSubscribed.includes(subscribeStatus._id) && subscribeStatus.subscribe_status === 1) { hasSubscribeStatusOne = true; } if (subscribeStatus.notification_type === 3) { parent.document.getElementById('monthlySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('monthly_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('monthly_' + getcategoryId).checked = true; } } else if (subscribeStatus.notification_type === 2) { parent.document.getElementById('weeklySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('weekly_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('weekly_' + getcategoryId).checked = true; } } else if (subscribeStatus.notification_type === 1) { parent.document.getElementById('dailySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('daily_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('daily_' + getcategoryId).checked = true; } } if (subscribeStatus.subscribe_status === 1) { listOfSubscribed.push(subscribeStatus._id); } }); if (hasSubscribeStatusOne) { elementTosubscribe.style.display = 'none'; elementTounsubscribe.style.display = 'block'; } else { elementTosubscribe.style.display = 'block'; elementTounsubscribe.style.display = 'none'; } } }, error: function(xhr, status, error) { console.error('Error:', error); } }); } function logSelectedSubscriptions(categoryid) { var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal'); var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal'); unsubscribemodal.innerHTML=''; subscribedmodal.innerHTML=''; var selectedSubscriptions = []; var storeCheckedId = []; var checkboxes = document.querySelectorAll('#subscription-options-' + categoryid + ' input[type="checkbox"]'); var errorMessage = document.getElementById('error-message-select'); // Use a Set to handle unique data-ids var uniqueSubscribedIds = new Set(listOfSubscribed); checkboxes.forEach(function(checkbox) { var dataId = parseInt(checkbox.getAttribute('data-id')); if (checkbox.checked) { selectedSubscriptions.push(checkbox.id); storeCheckedId.push(dataId); } else { uniqueSubscribedIds.delete(dataId); // Remove unchecked data-id } }); // Update listOfSubscribed with unique values listOfSubscribed = Array.from(uniqueSubscribedIds); var selectedSubscriptionsString = selectedSubscriptions.join(', '); var concatinateSubscribeId = [...new Set(storeCheckedId.concat(listOfSubscribed))]; var categoryData = { 'subscribed_categories': concatinateSubscribeId }; var requestSubscriberData = { action: 'handle_dynamic_api_request_with_headers', security: 'abec661453', endpoint: '/app/email_newsletter/update_categories', token: '', data: categoryData }; jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'POST', data: requestSubscriberData, beforeSend: function(xhr) { xhr.setRequestHeader('X-Requested-With', 'XMLHttpRequest'); }, success: function(response) { try { response = response.data; if (storeCheckedId.length === 0) { var unsubcribedPopUpmodal = ` You’ve Unsubscribed Successfully We're sorry to see you go! Your subscription has been canceled. If you change your mind, you can re-subscribe anytime. Thank you for being part of our community! `; unsubscribemodal.innerHTML = unsubcribedPopUpmodal; document.querySelector('#subscribe-modal-design .modal').style.display = 'none'; unsubscribemodal.style.display = 'block'; unsubscribemodal.classList.remove('hide'); unsubscribemodal.classList.add('show'); document.getElementById('subscribe_' + categoryid).style.display = 'block'; document.getElementById('unsubscribe_' + categoryid).style.display = 'none'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'none'; } } else { var subscribedPopupModal = ` Thank you for subscribing! Thank you for subscribing to our crypto and blockchain newsletter! You’ll now receive the latest news, insights, and updates straight to your inbox. Welcome to our community! `; let selectedSubscriptionsArray = selectedSubscriptionsString.split(','); let subscribedCategories = selectedSubscriptionsArray.map(subscription => subscription.split('_')[0]); let subscribedCategoriesString = subscribedCategories.join(', '); subscribedmodal.innerHTML = subscribedPopupModal; if (document.getElementById('selectidname')) { document.getElementById('selectidname').textContent = subscribedCategoriesString; } document.querySelector('#subscribe-modal-design .modal').style.display = 'none'; subscribedmodal.style.display = 'block'; subscribedmodal.classList.remove('hide'); subscribedmodal.classList.add('show'); document.getElementById('subscribe_' + categoryid).style.display = 'none'; document.getElementById('unsubscribe_' + categoryid).style.display = 'block'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'block'; } } } catch (e) { console.error('Error parsing response:', e); } }, }); } function closeModal(template_id) { var modalId = template_id; var modal = document.querySelector('#' + modalId); // Using querySelector to find the modal if (modal) { modal.classList.add('hide'); modal.classList.remove('show'); setTimeout(function() { modal.style.display = 'none'; }, 500); } else { console.warn('Modal not found:', modalId); } } function closeunsubscribemodal() { var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal'); if (unsubscribemodal) { unsubscribemodal.classList.add('hide'); unsubscribemodal.classList.remove('show'); } setTimeout(function() { unsubscribemodal.style.display = 'none'; }, 500); } function closesubscribemodal() { var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal'); setTimeout(function() { subscribedmodal.style.display = 'none'; }, 500); if (subscribedmodal) { subscribedmodal.classList.add('hide'); subscribedmodal.classList.remove('show'); } } function withoutLoginClicked(withoutlogin_id) { localStorage.setItem('subscribe_without_Login', 'true'); localStorage.setItem('subscribe_clicked_id', withoutlogin_id); } document.addEventListener('DOMContentLoaded', function() { const subscribewithoutData = localStorage.getItem('subscribe_without_Login'); const subscribe_clicked_cat_id = localStorage.getItem('subscribe_clicked_id'); // Function to get cookies function getCookie(name) { let value = "; " + document.cookie; let parts = value.split("; " + name + "="); if (parts.length == 2) return parts.pop().split(";").shift(); } // Get user token from cookies const userToken = getCookie('user_token'); if (subscribewithoutData === 'true' && userToken) { // Call the modal function with the category ID subscribed_popupmodal(subscribe_clicked_cat_id); // Remove the flag and category ID from localStorage localStorage.removeItem('subscribe_without_Login'); localStorage.removeItem('subscribe_clicked_id'); } }); /************************** update susbcriber content **************************** */ function initializeSubscriptionButton() { var initialListItems = document.querySelectorAll('.subscription-options input[type="checkbox"]'); initialListItems.forEach(function(item) { console.log(item.checked, 'Initial Checkbox checked status'); }); var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); } function updateButtonText(anyActive) { var subscribeButtonSpan = document.querySelector('.subscribe-submit .changeBtnText'); if (subscribeButtonSpan) { if (anyActive) { subscribeButtonSpan.textContent = 'Subscribe Now'; } else { subscribeButtonSpan.textContent = 'Unsubscribe'; } } } function updateSubscriptionButton() { var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); // Update the button text based on whether any list item has the 'active' class updateButtonText(anyActive); } document.addEventListener('click', function(event) { var clickedItem = event.target.closest('.subscription-options li'); if (clickedItem) { var checkbox = clickedItem.querySelector('input[type="checkbox"]'); if (checkbox) { checkbox.checked = !checkbox.checked; updateSubscriptionButton(); } } }); FAQs What caused the crypto market crash today? Rising war tensions between Israel and Iran, along with inflation data from the Fed, triggered panic selling and long liquidations across exchanges. Which exchanges and tokens were most affected? Binance and Bybit saw the largest exchange-based liquidations, while Bitcoin and Ethereum led token-wise liquidations with $443.77M and $289.96M, respectively. Are there any safe havens in this market crash? Yes, gold-backed tokens like PAX Gold and Tether Gold gained traction as investors sought safety amidst global uncertainties.
Around $2.96 billion worth of Bitcoin options are set to expire on Friday, June 14, potentially injecting volatility into already fragile crypto markets. According to data from Deribit, the contracts, scheduled to expire at 08:00 UTC, represent one of the largest expiries this quarter. The open interest includes nearly equal amounts of calls and puts, with a put-to-call ratio of 0.95. This suggests a slightly bullish bias, though the current spot price, hovering around $104,000, sits well below the max pain point of $107,000. 🚨 Options Expiry Alert 🚨 At 08:00 UTC tomorrow, over $3.7B in crypto options are set to expire on Deribit. $BTC : $3.04B notional | Put-Call: 0.95 | Max Pain: $107K $ETH : $687M notional | Put-Call: 1.20 | Max Pain: $2,700 ETH upside flows are strong heading into expiry. Will… pic.twitter.com/kLHnzspiXE — Deribit (@DeribitOfficial) June 12, 2025 The max pain level is where option holders feel the most financial loss and often acts as a magnetic level in the final trading hours before expiry. Ethereum ( ETH ) options worth $678 million are also due to expire. Unlike Bitcoin ( BTC ), ETH’s put-to-call ratio sits at a more bearish 1.23, reflecting traders hedging downside risk after recent declines. Options are derivative contracts that grant traders the right, but not the obligation, to purchase (call) or sell (put) an asset at a fixed price. Spot prices may be impacted as traders unwind hedges or roll positions when large volumes of options expire. During these times, price frequently moves toward the maximum pain level, particularly in markets with low volume. Read more: Dow, Nasdaq up 0.24%, S&P gains 0.38% on rate cut expectation The current expiry coincides with pressure on Bitcoin and the cryptocurrency market as a whole. The total value of the cryptocurrency market has dropped 7% to $3.3 trillion, and Bitcoin has lost over 5% in the last day. Analysts point to Israel’s attack on Iran as the cause of the macroeconomic uncertainty and geopolitical unrest. From a technical perspective, Bitcoin is beginning to show early signs of a trend shift. The price has slipped below the 20-day moving average, which is often used to predict short-term direction. A decline in bullish momentum is indicated by the relative strength index’s trend below the neutral 50 mark. Although volume has slightly increased, it is still insufficient to validate a complete bearish breakdown. BTC price analysis. Credit: crypto.news A short squeeze might be triggered if Bitcoin maintains above $101,000 and recovers $105,000 before expiration, which could push the price back toward $107,000, the maximum pain level and important resistance. Further declines could be possible if there is a clear break below $101,000, with $97,800 and $95,000 serving as potential support levels. A decline through those areas might signal a more significant correction. Read more: Altcoin ETF summer in limbo as SEC hits pause on DOGE, HBAR, and AVAX filings