The recent price of Ethereum is not very appealing to investors with its price action hovering at the price of 2,425.82, and investors are looking elsewhere. Kaanch is unique in that it provides direct access to the Best Layer 1 blockchain technology with only 0.64 dollars per token, making it an attractive investment opportunity to those who want to take advantage of the upcoming blockchain revolution. The best analysts estimate that Kaanch has a potential to go up to a whopping 15,800 percent, making it the best altcoin to invest in next to Ethereum to get a high rate of returns. Presale Momentum: Final Hours, Institutional Interest, and Upcoming Listings Kaanch is at stage 7 of its presale, and the price is set at 0.64 dollars, and more than 3,096,100 dollars have already been raised. The presale will be closed in only one day, which adds urgency to the investors to get their place before the opportunity is gone. The project has a capped total supply of 58 million tokens and live staking rewards of up to 30% APY and has since captured the attention of retail and institutional investors. Investors will be able to buy Kaanch with ETH or USDT, and the future listings on BitMart, LBank , and xT , which are listed at a fixed price of $30, will likely only increase the speed of demand and liquidity. The Case of Why Kaanch Is the Best Layer 1 in Terms of Speed, Scale, and Real-World Usage Technical credentials strengthen the reputation of Kaanch as the Best Layer 1 blockchain. The network provides unparalleled performance of 1.4 million transactions per second and 0.8-second finality, which allows executing trades in real-time and smoothly running smart contracts. The gas fees are almost negligible, and this makes it economical to decentralized applications, micro transactions and payments. The system is secure, robust, and ready to be used in the real world to tokenize assets with 3,600 decentralized nodes. Mass adoption and developer involvement are also facilitated by open governance, a staking dashboard, and enterprise-level tools of integration. Security, Transparency, and Community-Driven Growth Kaanch is audited by both SpyWolf and VerifyLab to provide a safe and transparent environment to all the participants. It is not hype-driven, and it is community-oriented and aimed at practical usability. Its supply is capped and has a live staking infrastructure, which gives it scarcity and continuous utility, making it the Best Layer 1 investment to those who are forward-thinking. Act Now: Secure Your Spot in the Fast-Moving Presale Investors with interest in this project are running out of time to join the presale that is moving at a very high pace. As the last stage is already happening and significant exchange listings are coming soon, early buyers have a chance to enjoy both the low price and the possibility of a large upside. To participate, go to the Kaanch presale site and purchase the presale before it closes. Kaanch is a unique chance to get access to the best Layer 1 blockchain at a small fraction of the cost of Ethereum with institutional support, solid technology, and exchange listings in the near future. Any investors that want to get a high-growth potential should move faster to get their allocation before the presale closes and the listing price shoots up to 30 dollars. For more information about Kaanch Network ) visit the links below: Website: https://presale.kaanch.com/ Whitepaper: https://docs.kaanch.network/ Twitter/X: https://x.com/KaanchNetwork Telegram: https://t.me/kaanchnetwork Win 1M: https://presale.kaanch.com/win-1-million How to buy : https://presale.kaanch.com/how-to-buy 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 upward momentum has weakened as it approaches the key $111K resistance zone, increasing the risk of another rejection. However, bullish sentiment remains intact, with market participants anticipating a breakout, though a renewed influx of demand is essential for any sustained move beyond the all-time high. Bitcoin Price Analysis: Technicals By Shayan The Daily Chart BTC continues to face challenges in surpassing the key $111K resistance level, its current all-time high, after several weeks of consolidation. Despite multiple attempts, intensified selling pressure and profit-taking at this level have repeatedly halted bullish momentum, resulting in sideways price action. Recently, the cryptocurrency dipped below the $100K support zone, triggering a liquidity sweep and collecting the fuel for a potential new leg up. However, the subsequent rebound has stalled around the $107K mark, signaling weakening bullish strength. If demand returns and buying pressure increases, a breakout above the $111K ATH could materialize. Otherwise, another rejection is likely, pushing the price back toward the critical $100K support in the coming sessions. Source: TradingView The 4-Hour Chart On the lower timeframe, Bitcoin has been forming a bullish flag just below its all-time high, a pattern typically signaling continuation of the existing uptrend. Following a liquidity grab beneath the lower boundary of the flag near $100K, Bitcoin rallied toward the upper boundary at $107K. Despite this upward move, the price has entered a low-volatility phase, indicating a loss of momentum as it approaches resistance. Should a breakout occur early next week, a new all-time high is likely. Conversely, failure to hold above the current level could trigger another drop, sending the price back toward the lower end of the flag. Until then, price action remains confined, with both bulls and bears waiting for confirmation of the next directional move. Source: TradingView Bitcoin On-chain Analysis By Shayan On-chain data from CryptoQuant reveals a sharp decline in Bitcoin reserves held on centralized exchanges, now at their lowest levels in several years. This ongoing outflow underscores a growing preference for self-custody and accumulation among investors, a pattern typically associated with reduced sell-side pressure and a long-term bullish outlook. A lower supply of readily available BTC on exchanges often sets the stage for potential supply-side shocks during periods of renewed demand. That said, while dwindling reserves are historically correlated with major bull runs, they should not be viewed as immediate catalysts for short-term price rallies. Market conditions and liquidity dynamics still play a vital role, and without a corresponding uptick in demand, price corrections remain a possibility. In summary, the exchange reserve trend highlights strong foundational support for Bitcoin, but near-term price action may still be subject to broader macro or technical headwinds. Source: CryptoQuant The post BTC Price Analysis: Is Bitcoin About to Break Above its ATH and Head to $120K? appeared first on CryptoPotato .
Cardano's TVL peaked at four-month high, showcasing network growth. Wrapped ADA's integration boosts ecosystem activity and investor interest. Continue Reading: Cardano’s Dynamic Growth Sparks New Excitement in Crypto Circles The post Cardano’s Dynamic Growth Sparks New Excitement in Crypto Circles appeared first on COINTURK NEWS .
In a stark rebuke of rising socialist sentiment in New York City, tech entrepreneur Tyler Winklevoss voiced his concerns over the ideological direction of the city and the nation. Crypto Moguls Criticize Socialism’s False Promises Gemini co-founder Tyler Winklevoss has issued a scathing critique of New York City’s political and cultural decline, responding to questions
Ripple has been trading within a prolonged descending wedge pattern, roughly reaching the upper boundary. The bullish momentum apears to be insufficient with expectation pointing toward continued consoldiation within this pattern, until a valid breakout occurs. XRP Price Analysis By Shayan The Daily Chart Ripple continues to trade inside a long-standing descending wedge pattern, fluctuating between the $1.6 and $3.3 levels. After briefly dipping below the psychological $2.0 support, XRP tapped into a liquidity pocket filled with sell-side stop orders, prompting a swift bullish rebound. The price has since recovered and is currently attempting to test the $2.4 resistance zone, coinciding with the wedge’s upper trendline. However, despite the recent rally, bullish momentum remains weak, suggesting that the current move may lack the strength for an immediate breakout. Unless a decisive surge above $2.4 occurs, XRP is likely to remain range-bound within the wedge. A confirmed breakout above this structure, however, would signal trend reversal and could open the door for a rally toward the $3 resistance zone. Source: TradingView The 4-Hour Chart In the lower timeframe, XRP is forming a descending channel structure that resembles a potential bullish flag – a continuation pattern often following an uptrend. The price recently bounced off the channel’s lower boundary and rallied above the midline before pulling back to retest it, an action that suggests increased buyer interest and accumulation at the current levels. Following this healthy retest, XRP has surged once again and is now approaching the upper boundary around $2.2. Should the price manage to break through this resistance, it would validate the bullish continuation pattern and likely drive XRP higher toward the $2.4 region, where stronger resistance awaits. Source: TradingView The post Ripple Price Analysis: XRP En Route to $2.4, Here’s The Real Target appeared first on CryptoPotato .
The vast majority of the much-hyped great wealth transfer from baby boomers to their heirs will vanish in relatively short order, according to a new report. An eye-popping 70% of the $72.6 trillion that’s expected to be inherited will be lost across just two generations, reports Worth Magazine, citing research from the Williams Group. That means $50.82 trillion of the inherited wealth will disappear due to factors like overspending, taxes, mismanagement and family disputes by the time the second generation is through managing it. Poor planning is expected to fuel the loss. Nearly two-thirds of Americans lack a will, according to a survey from D.A. Davidson, leaving heirs vulnerable to taxes and conflicts. Meanwhile, inherited IRAs, taxed heavily within a decade, often push families into higher brackets. Family businesses also crumble, with the Family Business Institute reporting just 30% lasting into the second generation. To handle the transition as smoothly and effectively as possible, Fidelity recommends parents start open, age-appropriate conversations about money early to build trust and prepare children for their inheritance. They also suggest teaching financial responsibility through allowances and trusts to ensure wealth is managed wisely across generations. 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 $50,820,000,000,000 of Highly Anticipated ‘Great Wealth Transfer’ Will Evaporate in Just Two Generations: Report appeared first on The Daily Hodl .
Crypto analyst XForce has predicted that Ethereum could reach a new all-time high (ATH) of $10,000 in this market cycle. He acknowledged that there is yet to be a macro fundamental that supports this bullish outlook, but remarked that it remains “ideal.” Ethereum Eyeing Rally To As High As $10,000 In an X post, XForce stated that Ethereum is still looking to shoot for a new ATH this cycle and could end around $9,000 to $10,000. This followed his remarks that ETH’s move up on the shorter timeframes was objectively impulsive. In other words, these rallies were bullish with real-time technical indicators. Related Reading: Is Ethereum Staging A Repeat Of 2021? Here’s Why A 200% Surge Could Follow As to what could drive this Ethereum rally to $10,000, XForce noted that there is no macro scenario providing a good look. However, he remarked that this rally to this ambitious target remains only ideal in nature, given the context. The analyst added that this idea remains his primary prediction for now. Crypto analyst Venturefounder also recently predicted that Ethereum could reach this $10,000 price target in this market cycle. However, the analyst declared that ETH’s run to this ambitious target depends on whether the altcoin is able to flip $4,000 into support by the fourth quarter of this year. Crypto analyst Titan of Crypto also recently suggested that Ethereum was ready for a lift-off. In an X post, he stated that after a failed breakout, ETH deviated below and found support right on the cloud. Now, the altcoin is back within the range. For a bullish momentum to resume, Titan of Crypto claimed that ETH must clear the cloud and reclaim the Kijun around $2,500. The analyst had previously predicted that Ethereum could rally to $8,500 in this market cycle. An Ultra Bullish Scenario For ETH In response to his initial X post, XForce provided an alternative scenario for Ethereum, in which it could rally to as high as $150,000. The analyst remarked that it would be wild to see this play out, but that it remains an option based on an idealized 5-wave structure. ETH is expected to reach the $150,000 target on Wave 5. Related Reading: Ethereum Price Crash To $2,100 Triggers Fear, But Why Are Analysts Predicting A Rally To $6,000? XForce’s accompanying chart showed that Ethereum could reach this $150,000 target by July 2028. The analyst remarked that the uber bullish scenario remains his alternative because there seems to be no logical approach for ETH to reach such levels. He again warned that neither scenario provides the proper context on the macro, but only remains ideal. As such, based on logic, XForce remarked that it is best to choose the best of the worst. At the time of writing, the Ethereum price is trading at around $2,400, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Layer 1 blockchain network, Zilliqa, has officially transitioned from its original protocol to Zilliqa 2.0. The overhaul introduces full Ethereum Virtual Machine (EVM) compatibility. This will allow developers to deploy Ethereum-based applications and use existing tooling on the Zilliqa network. Six-Pillar Architecture According to the official press release shared with CryptoPotato, Zilliqa 2.0 is designed with modularity in mind and aims to support future scalability and protocol evolution. The new architecture incorporates six core components: a Proof-of-Stake consensus mechanism, customizable x-shards, cross-chain communication support, light client functionality, and revised tokenomics intended to promote long-term sustainability. In a statement, Alexander Zahnd, interim CEO of Zilliqa, said, “Zilliqa 2.0 is more than an upgrade – it’s a transformation. We’re building the blockchain institutions can trust without compromising on the speed, flexibility, or openness that brought us here in the first place. The next era of blockchain won’t be built on hype. It’ll be built on trust, transparency, and technical excellence. That’s what Zilliqa 2.0 stands for.” Zahnd also added that the network is now both “institution-ready” as well as “developer-friendly.” Focus on Fintech, Identity, and Compliance Zilliqa’s development roadmap also includes upcoming features such as smart accounts and zero-knowledge capabilities, which are expected to support privacy-oriented compliance use cases, including selective disclosure and verifiable credentials. The transition follows a six-month test period known as the Aventurine phase, during which 21 external validators operated a proto-mainnet that produced over 7.5 million blocks and underwent 15 client upgrades. With the upgrade now active on the mainnet, the team behind the network said that Zilliqa 2.0 is positioned to support applications in sectors such as tokenized assets, decentralized finance (including regulated DeFi), digital identity, and fintech infrastructure. Staking in the latest iteration has received a performance boost, including streamlined validator onboarding and the potential for high early APRs for users who migrate their stakes from Zilliqa 1.0. This new staking model is designed to attract early participation while gradually accommodating liquidity transfers from the previous version. Initial integrations with partners like LTIN and interoperability protocol deBridge, which is introducing native USDC support. Meanwhile, its native token, ZIL, was trading near $0.0107. The post Zilliqa 2.0 Goes Live, Bringing Major Protocol Overhaul and EVM Support appeared first on CryptoPotato .
Solana’s price momentum faces a critical test at the $150 resistance level amid renewed selling pressure from long-term holders (LTHs), despite growing interest from new investors. After a brief period
The Bitcoin (BTC) price is hovering around $107,200 as markets wait for a catalyst to push the price higher. The flagship cryptocurrency is trading near its all-time high, marginally down over the past 24 hours, trading around $107,261. BTC could spend more time consolidating thanks to weak trading volumes, inflation, and waning on-chain metrics indicating subdued price action. Spot Bitcoin ETFs Register 13th Consecutive Day Of Inflows US spot Bitcoin ETFs are in the middle of their longest inflow streak since December 2024, recording over $2.9 billion in inflows over 13 consecutive days. Bitcoin ETFs recorded their largest single-day inflow streak on Tuesday, registering over $588 million in inflows, extending weekly inflows to $1.2 billion. BlackRock’s IBIT led the inflows with $163.7 million, while Fidelity’s FBTC registered $32.9 million in inflows. Bitwise’s BITB saw the third largest inflows with $25.2 million. Other funds that registered substantial inflows include Ark’s AKRB and Invesco’s BTCO. Meanwhile, Grayscale’s GBTC and smaller ETFs failed to register meaningful inflows. Sustained inflows indicate growing institutional interest and appetite for crypto investment products as ETF managers execute purchases through over-the-counter (OTC) channels to minimize impact. Peter Chung, head of research at Presto Labs, stated, “ETF flows are largely driven by two types of investors: Long-only fundamental investors and basis arb traders. But with basis arbitrage less attractive at present, most of the ETF flows are driven by long-only fundamental investors.” The current inflow streak has brought almost $3 billion into Bitcoin ETFs. “ETF managers can execute their purchase via OTC transactions, thus without impacting spot price too much. On-chain data indicates Bitcoin held by short-term holders (less than 155 days) has fallen rapidly in the last two months, suggesting short-term traders have been selling aggressively in the market.” Bitcoin Miners HODL Despite Revenue Slump Bitcoin miners are holding on to their BTC , indicating resilience despite shrinking profit margins, according to a report by CryptoQuant. Daily revenues plunged to $34 million on June 22, the lowest since April, thanks to muted price action and low transaction fees. The Bitcoin Network’s hashrate has also fallen 3.5% since mid-June, its sharpest decline in a year. Outflows from miner wallets have also dropped sharply, from 23,000 BTC in February to 6,000 BTC , indicating little enthusiasm to liquidate their holdings at current price levels. Even early “Satoshi-era” miners are hodl-ing, with only 150 BTC sold from dormant wallets so far this year. New York City Mayor Doubles Down On Crypto New York City is witnessing a pivot toward digital assets, reshaping how it envisions its financial future. New York City Mayor Eric Adams reiterated his support for digital assets during a chat at the Tokenization and Programmable Real World Assets Injective Summit on June 26, stating, “Taking my first three paychecks in Bitcoin was a clear symbolic message I was sending out. Because there’s a lot of misnomers about digital assets.” Adams stated that his decision had aged well despite initial skepticism and criticism, highlighting the long-term value gains. The NYC Mayor also condemned the city’s Bitlicense framework, stating it stifled innovation and deterred crypto startups. He also called on the crypto community to actively engage in the legislation. “If you didn’t learn anything from this last election, where this administration on a federal level is extremely crypto-friendly. Because, I think, in the first 120 days, there were almost 60 pieces of legislation that we saw go through the House. We can do that here also.” Adams proposed abolishing the current Bitlicense structure and empowering advocates to lobby state and local leaders to make the city more crypto-friendly. Bitcoin (BTC) Price Analysis Bitcoin (BTC) has held its position above $107,000, consolidating after a strong start to the week, which saw it rebound and reclaim $105,000 from multi-month lows. The flagship cryptocurrency plunged below $100,000 on Sunday thanks to an escalating conflict in the Middle East. However, a ceasefire brought relief, and positive sentiment returned, allowing BTC to reclaim $105,000 and stabilize around $107,000. However, weak on-chain activity suggests a lack of momentum as weak volume and inflation continue to wield influence. BTC experienced significant volatility on Sunday and Monday, leading to a substantial shakeout in the derivatives market. According to data from Glassnode, $28.6 million in long positions and $25.2 million in short positions were liquidated in 24 hours, a rare dual-sided flush that caught traders completely off guard. Bitcoin open interest also fell 7%, going from 360,000 BTC to 334,000 BTC . The flagship cryptocurrency’s on-chain activity is also showing signs of slowing down, with profitability metrics fading and user participation subdued. Analysts believe bearish momentum could continue next week as the latest inflation data indicates the Fed has little reason to shift its current stance. BTC dipped below the 20-day SMA on Tuesday (June 17), and fell to a low of $102,446 by Friday, with bearish sentiment persisting. The flagship cryptocurrency fell 1.17% on Saturday, dropping to a low of $100,979 before settling at $102,180. BTC plunged below $100,000 on Sunday as market sentiment worsened, falling to $98,385. However, it recovered from this level to reclaim $100,000 and settle at $100,982. Source: TradingView BTC started the week on a bullish note, rising over 4% to cross $105,000 and settling at $105,442. The price pushed higher on Tuesday, crossing the 20 and 50-day SMAs and $106,000 to settle at $106,138. Buyers retained control on Wednesday as BTC rose 1.18% to cross $107,000 and settle at $107,393. BTC lost momentum after reaching this level, falling 0.39%, slipping below $107,000, and settling at $106,970. It recovered on Friday, registering a marginal increase to reclaim $107,000 and settle at $107,129. The current session sees BTC marginally up, trading around $107,468. 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.