Fartcoin led the market recovery of memecoins amid increased buying activity.
With investor demand seemingly on the rise, the Ethereum price looked set to cross the psychological $3,000 level over the past week. However, this dream hit a major stumbling block after geopolitical tensions quickly escalated in the late hours of Thursday, June 13. It didn’t take much time for Israel’s airstrike against Iran to impact the global financial markets, with crypto prices succumbing to a fresh wave of downward pressure. Specifically, Ethereum, the second-largest cryptocurrency by market cap, has lost about 6% of its value in the past 24 hours. Is Capital Flowing Out Of ETH Into BTC? In a Quicktake post on the CryptoQuant platform, on-chain analyst Amr Taha shared fresh insights into the wave of volatility that recently hit the cryptocurrency market. The crypto pundit noted that Ethereum and Bitcoin were particularly impacted by the recent global happenings. Related Reading: A Rare Bitcoin Signal Is Flashing: Could the Bull Run Just Be Getting Started? Firstly, Taha noted the decline in the Ethereum Open Interest (OI) on Binance, the world’s largest cryptocurrency exchange by trading volume. Data from CryptoQuant shows that the ETH OI metric experienced a significant 19% dip in the past 24 hours, coinciding with a decrease in price. The Open Interest indicator estimates the total amount of money flowing into derivatives of a specific cryptocurrency at any given time. A falling OI value is often considered a bearish signal, as it suggests a decline in investor confidence and positive sentiment. According to Taha, this latest abrupt decline in the Ethereum Open Interest points to a wave of panic-induced selling, with investors instinctively exiting their long positions. “Traders likely rushed to close their long positions, either manually in fear of deeper losses or automatically via forced liquidations as stop-loss triggers were hit,” the analyst said. Taha drew a parallel relationship between the falling Ethereum Open Interest and the flow of Bitcoin out of Coinbase, the largest centralized exchange in the United States. CryptoQuant data shows a significant withdrawal of 7,000 BTC from the trading platform in the past day. According to Taha, this substantial exchange outflow of Bitcoin, coinciding precisely with the Ethereum OI decline, suggests fresh buying and that large investors may be strategically repositioning for accumulation. This trend might not be particularly positive for ETH, as it shows that capital might be rotating back into the premier cryptocurrency. Ethereum Price At A Glance As of this writing, the price of ETH stands at around $2,546, reflecting an almost 4% decline in the past 24 hours. Related Reading: Ethereum Faces Stress As Israel-Iran Conflict Shakes Sentiment – ETH/BTC Support In Focus Featured image from iStock, chart from TradingView
Billionaire hedge fund legend Ray Dalio thinks investors aren’t paying attention to obvious factors in meme stock trading. Dalio says in a new post on X that there’s always a “current most popular meme” that everyone believes in but is bound to lose its status. “These memes typically are due to a mix of extrapolating what happened before and emotional considerations. Also, most investors typically don’t take into consideration market pricing. In other words, they tend to identify what has been a great investment (e.g., a strongly performing company) as great, and they don’t pay enough attention to its pricing, even though its pricing (whether it is cheap or expensive) is the most important thing.” Dalio says this behavior sets the stage for potential market missteps, especially in the current economic climate. At this time, it is typical for almost everyone to be looking to make money by buying assets that they believe will go up (rather than betting on them going down), and they quite often use leverage.” Dalio’s meme trading advice follows dire warnings he’s recently issued about the US economy. Earlier this month, Dalio argued in an interview on PBS that the government needs to lower its budget deficit as a percentage of GDP from 7% to 3%. “It has to be done with three things, and it has to be spread out among these three things, because any one of those three things would be too painful. Those three things are tax revenue, spending cuts and interest rates. Although Congress and the president in the process does not deal directly with the third of those, right now a trillion dollars – half of our deficit – is interest payments, and not only do we have a trillion dollar interest payment, in the next year, we have nine trillion dollars of debt maturing that has to be either rolled over or sold… So there’s what I call my 3%, three-part solution, which was very similar to 1991-1998. It was cut by 5% of GDP, the budget deficit, in those years was cut by 5% of GDP by spreading it around. So those are the three things that are needed.” 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: DALLE3 The post Billionaire Investor Ray Dalio Outlines Meme Stock Trading Strategy, Says Investors Are Not Paying Enough Attention to the ‘Most Important Thing’ appeared first on The Daily Hodl .
New court filings show that NBA legend Shaquille O’Neal will settle a lawsuit related to the endorsement of defunct crypto exchange FTX for $1.8 million. According to recent court documents, the retired superstar is settling a lawsuit where he’s accused of promoting FTX, which went bankrupt in 2022 after its chief executive, Sam Bankman-Fried, was found to be mishandling billions of dollars worth of customer funds as well as defrauding investors. “This proposed settlement… results from the tremendous efforts of the parties, with negotiations informed by previous mediations and settlement agreements which were reached in this action. Defendant O’Neal has agreed to provide $1,800,000 in monetary relief in exchange for reaching this early settlement, which amount will be paid within 30 days after the effective date of the settlement.” However, the agreement between the parties is still pending approval from the court. O’Neal and other marquee celebrities – such as fellow NBA superstar Stephen Curry, NFL quarterbacks Tom Brady and Trevor Lawrence, MLB pitcher Shohei Ohtani, Shark Tank investor Kevin O’Leary, and supermodel Gisele Bündchen – were all accused of failing to perform due diligence before promoting FTX in a class action lawsuit filed in 2022. O’Neal, who received $750,000 to endorse the crypto exchange, first agreed to a settlement in April, though the amount at the time was undisclosed. Bankman-Fried was found guilty of his crimes in 2023 and was sentenced to 25 years behind bars in 2024. 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 NBA Legend Shaquille O’Neal To Settle FTX Endorsement Lawsuit for $1,800,000 appeared first on The Daily Hodl .
Reports have emerged about a hours-long phone conversation between the heads of state of the US and Russia, where topics ranged from the growing tension in the Middle East to Donald Trump’s birthday. According to some publications, the POTUS described the Israel-Iran situation as “very alarming,” as there’s no closure in sight. BREAKING: President Trump tells Putin that the situation in the Middle East is “very alarming.” — The Kobeissi Letter (@KobeissiLetter) June 14, 2025 Recall the events that transpired between the two nations located in the Middle East as Israel hit Iran first on Friday morning, killing over 70 people in the process, including high-end generals and nuclear scientists. Iran responded last night, but the damage was significantly less. Although Trump previously expressed hope that Iran could be closer to signing a nuclear deal now, he and Putin were reportedly concerned about the recent escalation, as the conflict is nowhere near a resolution. Nevertheless, both still “did not rule out a return to negotiations on Iran’s nuclear program,” reported the Moscow Times, citing a statement from the Kremlin. Israel’s attack against Iran earlier this week had an immediate and profound impact on the cryptocurrency market, with BTC slumping from a Thursday peak of $108,500 to under $103,000 on Friday morning. Iran’s response failed to influence the market in a similar manner, but BTC is back in the red after Trump’s most recent remarks. Some analysts warned that the largest cryptocurrency could plunge below $80,000 if the sell-off intensifies and it fails to maintain the $100,000 support. BTCUSD. Source: TradingView The post Bitcoin’s Stability Tested Following Trump’s ‘Very Alarming’ Remarks on Middle East Tension appeared first on CryptoPotato .
Bitcoin is increasingly recognized not only as a competitor to gold but also as a formidable alternative to traditional savings instruments, including US government securities. With a total addressable market
Bitcoin does not just compete with gold as an alternative store of value, but all savings instruments, including government securities.
ConsenSys, one of the leading names in the Ethereum developer ecosystem, attracted attention with the statements of its founder Joseph Lubin. Responding to a user’s question regarding token plans for MetaMask, Lubin announced that the company is developing short- and medium-term strategic plans and that the first token distribution will take place on the LINEA network. He noted that future protocols are designed to work in synergy with each other. A few days ago, ConsenSys shared the news of a significant acquisition with the public. The company announced that it acquired the Singapore-based Web3Auth platform. This move aims to strengthen MetaMask’s user-friendly structure. Web3Auth allows users to log in to their crypto wallets with popular social media accounts such as Google, Facebook, and Discord. Related News: Big Whale Who Lost Money on Bitcoin, Ethereum, and Solana Now Piles Into Two Surprise Altcoins Traditional crypto wallet setups typically require writing and storing a 12- to 24-word “seed phrase.” Users who lose this phrase can lose access to their wallets entirely. These challenges pose a major obstacle, especially for those new to the crypto world. Dan Finlay, co-founder of MetaMask, stated that the main purpose of this acquisition was to attract new users to the platform: “This move is about bringing more people into the ecosystem.” *This is not investment advice. Continue Reading: First Signal Emerges from the Platform That Has Been Denying Altcoin Launch for Years: A Historic Moment May Be Near
Bitcoin ( BTC ) has entered a volatile phase, and according to cryptocurrency analyst Michaël van de Poppe, this could soon present a new buying opportunity. His outlook follows recent losses that dragged the broader market lower, triggered by escalating tensions between Israel and Iran. After failing to hold above $106,000, Bitcoin began what Poppe described as a “cascade south,” slicing through liquidity zones and prompting a wave of sell-offs, he noted in a June 14 X post. A brief bounce followed, but the recovery was quickly rejected at the same $106,000 level, now acting as firm resistance. The leading digital currency had regained bullish momentum earlier, only to lose it after a liquidity sweep and sharp rejection at a local high. Now, the $101,500 to $102,500 range could serve as either a launchpad for recovery or a setup for further downside. To this end, Poppe noted that a fresh rally could take shape if Bitcoin holds above $102,500 and consolidates. But if selling pressure intensifies, he sees the $98,000 to $99,000 zone as a strong candidate for a high-probability long entry. $BTC has a very similar picture. We couldn't hold above $106K and then we started to cascade south taking all the liquidity. Bounce upwards, instant rejection at that crucial level. Two options; – Sub $100K buy opportunity if this continues to fall. – Price holds around… pic.twitter.com/dOCjnBBtOP — Michaël van de Poppe (@CryptoMichNL) June 14, 2025 At the same time, Bitcoin’s volume profile supports this view, highlighting heavy selling after the failed breakout. A lower support zone could also be a trap for late short positions, offering an ideal re-entry point for bullish traders. Key Bitcoin price levels to watch In a separate June 14 analysis, RLinda noted that Bitcoin is consolidating within a broad range between $100,600 and $110,400. The Middle East geopolitical tension spike briefly disrupted its bullish structure, pushing the price down to $102,500 before a sharp recovery. That rebound reinforced support at $102,500, with $106,200 now a key resistance level. Despite market uncertainty, Bitcoin continues to hold above critical support. According to the analyst, short-term trading strategies remain viable if the cryptocurrency stays within the $100,600 to $102,500 range. Bitcoin price analysis chart. Source: TradingView Therefore, a breakout above $106,200 could open the door to $108,200 or even $110,400. Bitcoin price analysis By press time, Bitcoin was trading at $104,600, down 0.4% on the day and nearly 4% for the week. Bitcoin seven-day price chart. Source: Finbold Technically, the asset remains above its 50-day and 200-day simple moving averages ( SMA ), suggesting the broader uptrend is intact. The 14-day relative strength index ( RSI ) stands at 54.22, indicating neutral momentum with a slight bullish bias. Featured image via Shutterstock The post Analyst sets Bitcoin’s next buying opportunity after BTC ‘started to cascade south’ appeared first on Finbold .
Key takeaways: Our SUI price prediction indicates a high of $6.77 by the end of 2025. In 2027, SUI will range between $10.47 and $12.10, with an average price of $10.83. In 2030, it will range between $33.01 and $40.39, with an average price of $34.20. Is SUI a good investment? Will it go up? Where will it be in five years? Our SUI price prediction answers these questions and more. Overview Cryptocurrency Sui Symbol SUI Current price $2.92 SUI crypto market cap $9.92B Trading volume $846.8M Circulating supply 3.39B All-time high $5.35 on Jan 6, 2025 All-time low $0.364 on Oct 19,2023 24-hour high $3.08 24-hour low $2.92 SUI price prediction: Technical analysis Metric Value Volatility (30-day variation) 7.70% 50-day SMA $3.57 200-day SMA $2.82 Current SUI crypto sentiment Bearish Green days 12/30 (40%) SUI price analysis: SUI remains bearish On June 14, SUI coin posted a 2.45% loss in the last 24 hours and a 20.86% loss over the last 30 days. Its trading volume dropped by 56.53% to $775M in the last 24 hours. Data from DefiLlama revealed that SUI’s Total Value Locked (TVL) in decentralized applications broke below the $1.8 billion mark. SUI 1-day chart analysis SUI/USD 1-day chart price analysis SUI formed a head-and-shoulders pattern in March, resulting in a major breakout that led it to its lowest level this year at $1.72. It then recovered towards the end of April. On May 1st, it crossed above $3.70. The MACD histograms now signal negative market momentum, with William Alligator showing that its volatility is rising as it continues to fall below $3.30. SUI 4-hour chart analysis SUI/USD 4-hour chart price analysis The 4-hour chart shows SUI’s negative momentum rose over the last 4 hours. Its RSI value is in oversold territory at 26.61. The William alligator trendlines show that its volatility is rising. SUI technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 2.78 BUY SMA 5 3.13 SELL SMA 10 3.19 SELL SMA 21 3.32 SELL SMA 50 3.57 SELL SMA 100 2.98 BUY SMA 200 2.82 BUY Daily exponential moving average (EMA) Period Value ($) Action EMA 3 3.37 SELL EMA 5 3.30 SELL EMA 10 3.04 SELL EMA 21 2.77 BUY EMA 50 2.76 BUY EMA 100 2.96 BUY EMA 200 2.86 BUY What to expect from the SUI price analysis next? According to the technical indicators, SUI has recorded 12 bullish days in the last thirty, meaning its general sentiment is bearish. The charts also show that it registers negative momentum and rising volatility. It should drop lower over the short term. Recent news: Cetus Protocol on SUI gets hacked $223 million Cetus Protocol, a decentralised crypto exchange and key liquidity provider on the Sui blockchain, lost approximately $223 million in a security breach. $162M of the compromised funds were successfully paused, with a $6 million bounty for the hacker to return the stolen funds. Cetus announced a recovery initiative that would override hacker-controlled wallets through a protocol-level upgrade, if the community approves it. Cast votes Why is SUI up? The SUI recovery coincided with the crypto market cap rising above the $3.05 trillion mark. The rise in TVL could have also contributed to the crypto market sentiment. Will SUI reach $10? Per the Cryptopolitan price prediction, SUI will reach $10 in 2027, with an average of $10.83 for the year. Will SUI reach $100? It remains unlikely that SUI will rise to $100 before 2031. Will SUI reach $1,000? It remains unlikely that SUI will rise to $1,000 before 2031. How high can Sui go? Per the Cryptopolitan price prediction, SUI will rise as high as $8 before the end of 2025. Is SUI crypto a good investment? Should the market sentiment change, SUI will rise to its previous highs. SUI’s price predictions for 2031 are optimistic as global adoption of decentralized applications rises. SUI price prediction June 2025 The SUI price forecast for June is a maximum of $3.70 and a minimum of $2.76. The average price for the month will be $3.05. Month Potential low ($) Potential average ($) Potential high ($) June 2.76 3.05 3.70 SUI price prediction 2025 For 2025, SUI’s price will range between $1.80 and $6.77. The average price for the year will be $4.25. Year Potential low ($) Potential average ($) Potential high ($) 2025 1.80 4.25 6.77 SUI price prediction 2026-2031 Year Potential low ($) Potential average ($) Potential high ($) 2026 7.05 7.24 8.16 2027 10.47 10.83 12.10 2028 15.50 16.04 18.66 2029 22.96 23.77 27.04 2030 33.01 34.20 40.39 2031 47.50 49.21 57.09 Sui crypto price prediction 2026 The SUI’s price prediction estimates it will range between $7.05 and $8.16, with an average price of $7.24. Sui price prediction 2027 SUI coin price prediction estimates it will range between $10.47 and $12.10, with an average of $10.83. Sui price prediction 2028 SUI network coin price prediction climbs even higher into 2028. According to the prediction, SUI will range between $15.50 and $18.66 with an average price of $16.04. Sui price prediction 2029 According to the SUI prediction for 2029, the price of SUI will range from $22.96 to $27.04, with an average price of $23.77. Sui price prediction 2030 According to the 2030 SUI price prediction, the price will range between $33.01 and $40.39, with an average price of $34.20. Sui price prediction 2031 The SUI crypto price forecast for 2031 is a high of $57.09. It will reach a minimum price of $47.50 and an average price of $49.21. SUI price prediction 2025 – 2031 SUI market price prediction: Analysts SUI price forecast Platform 2025 2026 2027 Digitalcoinprice $6.81 $8.01 $11.00 Gate.io $3.17 $3.77 $4.54 Coincodex $8.85 $5.90 $3.42 Cryptopolitan’s SUI price prediction Our predictions show that SUI will achieve a high of $6.77 in 2025. In 2027, it will range between $10.47 and $12.10, with an average of $10.83. In 2030, it will range between $33.01 and $40.39, with an average of $34.20. Note the predictions are not investment advice. Seek independent consultation or do your own research. SUI historic price sentiment Sui price history: CoinStats Exchanges such as Binance, OKX, KuCoin, and Bybit hosted activities toward the initial distribution of SUI in April 2023. SUI initially traded at $2.10, well above the $0.10 investors paid during its public sale at the end of April. A bear run preceded the listing, and on October 23, 2023, it fell to its lowest price, $0.3643. It started recovering in November 2023. It reached its highest price on March 27, 2024, at $2.18, after the Greek stock exchange announced a possible collaboration. On May 21, 2024, the SUI network surpassed 1 million daily active wallets. In August, it traded at $0.57. It later rose and broke above $1.5 in September and $2 in October. The bullish run continued into November, attempting a new all-time high, which it achieved on January 6, 2025, at $5.35. Later, it quickly reversed, falling below $3.50 in February and $2.00 in April. It started recovering into May as it rose above $3.50