If It Keeps the Pace, Blackrock’s IBIT Is on Track to Seize 1 Million BTC by Early 2026

Based on current data, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) collectively manage over 1.2 million BTC. Yet, two in particular—Blackrock’s IBIT and Fidelity’s FBTC—command a striking majority, accounting for more than 71% of that aggregate. Wall Street’s Bitcoin Giants: IBIT, FBTC, MSTR Tighten Grip on Bitcoin’s Scarce Supply Blackrock’s IBIT debuted on Wall

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Litecoin-Powered Nexus Wallet Launches on Android and iOS, Offering New Features and Payment Options

The Litecoin Foundation has launched the Nexus Wallet for Android and iOS, enhancing Litecoin’s usability with advanced features like atomic swaps and Lightning Network support. This new wallet integrates SegWit,

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Coinbase and BiT Global Possibly Settle Wrapped Bitcoin Delisting Dispute Amid Market Impact

Coinbase and BiT Global have reached a settlement ending their dispute over the delisting of Wrapped Bitcoin (wBTC), a move that has significant implications for cryptocurrency market dynamics and exchange

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Watch Out For These Levels If Bitcoin Price Returns To $100K: Blockchain Firm

The Bitcoin price has not had quite the same spark it did at the beginning of the last month so far in June. The premier cryptocurrency has somewhat struggled to break out of a consolidation range since reaching a new all-time high in the month of May. The Bitcoin price recently succumbed to bearish pressure, falling to around $101,000 on Friday, June 6. While the market leader has enjoyed some resurgence to begin the weekend, a prominent blockchain firm has now identified significant levels in the event of a return to the $100,000 level in the coming days. Here Are The Next Support Levels For BTC In a June 6 post on the social media platform X, crypto analytics firm Sentora (previously known as IntoTheBlock) revealed an interesting on-chain perspective on the price of Bitcoin and its latest dip toward $100,000. According to the intelligence platform, there are some significant levels lying just beneath the six-figure valuation threshold. This analysis is based on the average cost basis of several Bitcoin investors and the distribution of the BTC supply around the current price. For context, cost-basis analysis basically evaluates the capacity of a price level to act as support or resistance, depending on the volume of crypto last acquired by investors at this level. As observed in the chart below, the size of the dots directly corresponds with the quantity of BTC purchased within each price bracket and the region’s capacity to act as support or resistance. This implies that the larger the dot, the higher the number of coins purchased, and the stronger the support or resistance level; the green dots are support (as they are usually below the current price), while the red dots serve as resistance (as they are above the asset price). According to data by Sentora, the Bitcoin price seems to have major support within the $95,000 – $99.000 region due to heavy accumulation by investors. This price zone would serve as an on-chain cushion for the Bitcoin price, as investors with their cost bases around the level are likely to defend their positions by acquiring more coins if the price falls toward the $95,000 – $99,000 zone. Sentora mentioned that if the bulls do defend this support level, the Bitcoin price could be in for an extended rally. On the flip side, the on-chain firm asked investors to expect a surge in volatility if this support level fails to hold. Bitcoin Price At A Glance As of this writing, the price of BTC sits just above $104,400, reflecting an almost 3% increase in the past 24 hours. Related Reading: Traders Turn Bearish on Bitcoin Following High-Profile Political Tensions, Data Shows Featured image from iStock, chart from TradingView

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Why A Sweep At $2 Is Important For XRP Price To Continue Rallying

The XRP price is currently dipping into a crucial $2 liquidation zone amid rising short pressure. As long positions get liquidated and shorts pile in, a subsequent surge in open interest hints at a looming short squeeze . A clean sweep of $2 has analysts believing that it may be the trigger XRP needs to ignite a fresh price rally. XRP Price Eyes $2 Sweep To Fuel Next Rally A new technical analysis by Cryptoinsightuk on X (former Twitter) reveals that XRP has recently retraced into a key liquidity zone near the $2 mark. This move has raised speculation about a possible bullish reversal that could set the stage for a major price rally. According to the analyst’s 1-hour XRP chart, the altcoin’s drop into this liquidity zone was not random—it aligned perfectly with a dense liquidity cluster near the $2 level, as shown on the heatmap data. This zone acted as a magnet for price action, where a significant number of buy and sell orders were concentrated, suggesting that market participants have been targeting this area for some time. As XRP entered this key liquidity zone , Cryptoinsightuk revealed that a large number of long positions were liquidated. This spike, displayed primarily on the liquidation indicator at the bottom of the chart, confirms that many traders were caught in overly aggressive long positions and forced out of the market as prices dropped. This led to severe sell pressure , allowing XRP to reach the targeted liquidity range more swiftly. Simultaneously, XRP’s Open Interest (OI) metric began to rise. Rather than showing a decline, which would indicate traders exiting the market, Open Interest moved upward, suggesting that new positions were being opened despite the downturn. Typically, an increase in OI during a dip into a high-liquidity zone is seen as a warning sign for short sellers. If the price reverses from here, those short positions could be forced to close rapidly, triggering a short squeeze. Such a move could lead to a fast and aggressive price rally as shorts are liquidated and buy pressure intensifies. Overall, the $2 price point has become more than just a psychological barrier but a convergence of liquidation events, rising open interest, and concentrated liquidity. A clean sweep below this level could complete the liquidity hunt, shake out remaining weak hands, and potentially set the stage for a bullish reversal in the XRP price. Next Stop For XRP: Explosive Rise To $46? While some analysts take a conservative stance on XRP’s near-term price, market experts like Egrag Crypto stand out with a bold forecast of a $46 all-time high by 29 September 2025. The analyst predicts that XRP’s bullish run could begin in July, projecting three ambitious short-term price targets before the end of the year. Once it breaks bearish barriers, XRP is expected to rally to an initial target of $12, marking a 500% increase from its price of $2.18 at the time of the analysis. Following this, Egrag Crypto predicts an average target of $24 for XRP before a potentially explosive rise to the $46 peak, which represents a whopping 2,500% surge from current levels. Featured image from Unsplash, chart from TradingView

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Bitcoin Faces $100K Dip Amid Market Volatility and Political Controversy, Circle IPO Gains Attention

This week in crypto saw Circle’s IPO surge, Bitcoin’s volatile dip to $100K, and a political controversy surrounding the Trump-branded crypto wallet. Institutional interest in Circle’s NYSE debut and pro-Bitcoin

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Ethereum Holds Above $2,500 Amid Potential Institutional ETF Inflows and Market Stability

Ether has consistently held above the $2,500 mark, driven by robust institutional ETF inflows that underscore growing confidence in Ethereum’s market resilience. This influx of capital from institutional investors signals

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Report: ‘Bitcoin Family’ Ditches Hardware Wallets for Steel Seeds After Global Crypto Kidnapping Scare

According to a report from CNBC, the Taihuttu clan—better known as the ‘Bitcoin Family’—has revamped its security setup in light of a rising wave of crypto-related abductions across the globe. No More Hardware Wallets: Taihuttu Family Takes Cold Storage to Extremes Didi Taihuttu told CNBC’s MacKenzie Sigalos that his family has abandoned hardware wallets in

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Netflix Bets Big on Bitcoin with New Reality Show

Netflix Inc., a global video streaming and production company, is set to launch a new reality show called House of Streams on June 18 in the UK and Ireland. The show will feature eight online streamers competing for a special prize: one Bitcoin (BTC). This news has caught the attention of the crypto community. This comes as the flagship crypto is gaining interest beyond finance, reaching the entertainment industry. Bitcoin Prize Reward Raises Eyebrows Unlike most shows that offer cash prizes or sponsored holiday trips, the House of Streams show, backed by the Malta Film Commission, will reward the winner with cryptocurrency. The decision to offer Bitcoin prizes has raised eyebrows with the crypto community. Meanwhile, Netflix has explored crypto themes in past content. This includes Trust No One: The Hunt for the Crypto King and the upcoming The Altruists. However, this is the platform’s first time directly tying a cryptocurrency to a prize. The eight House of Streams contestants will participate in many challenges. Notably, the details of the show have yet to be revealed. The contestants reportedly have a combined following of four million across popular streaming platforms, such as Twitch. Some familiar names already revealed include The Black Hokage, CyborgAngel, and OutplayedByJade. The Fake Token Menace Following the announcement, scammers tried to exploit the show’s buzz. They launched fake tokens using the House of Streams name. In response, the producers issued a warning on May 22, urging viewers to stay cautious and report any suspicious promotions. This malicious act is very common in the crypto industry as scammers do take advantage to impersonate popular events or growing trends. Crypto-Related Crimes Are On The Rise House of Streams is launching during a tense time in the crypto industry. As digital assets become more valuable, high-profile figures are being targeted . In May 2024, a crypto entrepreneur’s father was rescued from a hostage situation in France. The kidnappers had cut off one of his fingers to force access to his son’s wallet. Not long after, French crypto exchange CEO Pierre Noizat faced a similar scare . His daughter and grandson were nearly abducted in a broad daylight attack. Thankfully, authorities fought off the masked assailants with the help of a bystander. In the U.S., a man returning from a crypto event in Las Vegas was kidnapped at gunpoint. Teenagers from Florida forced him into a car, covered his head, and drove him over 70 miles into the Arizona desert. These frightening incidents have sparked urgent calls for better protection for crypto holders and influencers. As the value of digital assets climbs, so too does the risk. The post Netflix Bets Big on Bitcoin with New Reality Show appeared first on TheCoinrise.com .

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ApeCoin price prediction 2025-2031: Will APE recover?

Key takeaways: Our ApeCoin price predictions anticipate a high of $1.59 in 2025. In 2027, it will range between $2.47 and $2.80, with an average price of $2.54. In 2030, it will range between $7.94 and $9.64, with an average price of $8.17. Unlike the common sentiment of being a meme token, ApeCoin (APE) has utility. APE is an ERC-20 token that governs the ApeCoin DAO. The token also has utility within an affiliated company, Yuga Labs, the firm behind the Otherside metaverse, BAYC, and MAYC NFTs. Will APE reach $10? What will its price be in 2025? Let’s explore these and more in the Cryptopolitan Price Prediction from 2025 to 2031. Overview Cryptocurrency ApeCoin Symbol APE Current price $0.6967 Market cap $524.41M Trading volume $52.28M Circulating supply 752.65M All-time high $39.40 on Mar 17, 2022 All-time low $0.3545 on Apr 7, 2025 24-hour high $0.7192 24-hour low $0.6797 APE price analysis: Technical analysis Metric Value Price volatility (30-day variation) 6.01% 50-day SMA $0.6087 200-day SMA $0.7220 Sentiment Bullish Green days 18/30 (60%) APE price analysis: APE begins descent At the time of writing (June 7), APE’s price rose by 15.09% in one week and dropped by 0.51% in the last 24 hours, trading at approximately $0.70. The cryptocurrency’s trading volume dropped by 46.22% in 24 hours, showing waning interest from traders. APE/USD 1-day chart analysis APE/USD 1-day price chart APE fell below $1 in January and $0.5 in April. It started recovering last month as it rose above $0.65. The MACD histogram shows that the price is experiencing negative momentum as it falls. The William Alligator trendlines show rising price volatility. APE/USD 4-hour chart analysis APE/USD 4-hour price chart The 4-hour chart highlights APE’s recovery as it rose above $0.69. It registered continuous bearish candles that saw it reverse from the recent high at $0.75. At current levels, it registers little volatility with rising negative momentum. APE technical analysis: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 0.6068 BUY SMA 5 0.6636 BUY SMA 10 0.6665 BUY SMA 21 0.6714 BUY SMA 50 0.6087 BUY SMA 100 0.5642 BUY SMA 200 0.7220 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 0.6457 BUY EMA 5 0.6067 BUY EMA 10 0.5518 BUY EMA 21 0.5235 BUY EMA 50 0.5695 BUY EMA 100 0.6958 BUY EMA 200 0.8423 SELL What to expect from APE price analysis next? APE price analysis shows the market had positiveactivity in the last few days but bears have started to gain control. It should drop over the short term. Why is APE down? APE is correcting from highs registered in the last quarter of 2024. The drop could be attributed to the wider market sentiment. Can ApeCoin reach $10? Per our Cryptopolitan price prediction, APE will break above $10 in 2030. At the time, APE should have bridged to ApeChain and grown much utility and applications such as in the metaverse. Will APE reach $100? It is unlikely that the APE price will be extended to $100 in the foreseeable future. At such a valuation, APE will be more valuable than the USDT stablecoin, which is more of a ‘household’ cryptocurrency. Can ape coin hit $1000? It is unlikely that the APE price will reach $1000 before 2031. Does ApeCoin have a future? With the launch of ApeChain, ApeCoin now has more utility and is, therefore, much more likely to last into the future. How much is ApeCoin worth in 2025? For 2025, the APE coin price will range between $0.58 and $1.59. The average price for the year will be $1.01. Is APE a good investment? APE’s utility is growing, and the launch of ApeChain is anticipated to attract more projects that use the APE token either for governance or settling fees on the chain. Yuga Labs and other new firms will likely promote APE. Recent news With the launch of ApeChain, APE proceeded to pump by over 100% accompanied by the launch of new projects such as Donkey Dash, Ape Express, Battle Plan, and the Ape Portal APE price prediction June 2025 The APE June price prediction ranges between $0.48 and $1.15, with an average of $0.69. Month Potential low ($) Potential average ($) Potential high ($) June 0.41 0.69 1.15 APE price prediction 2025 For 2025, APE coin price will range between $0.41 and $1.59. The average price for the year will be $1.01. Period Potential low ($) Potential average ($) Potential high ($) 2025 0.41 1.01 1.59 APE price prediction 2026-2031 Year Potential low ($) Potential average ($) Potential high ($) 2026 1.62 1.66 1.91 2027 2.47 2.54 2.80 2028 3.63 3.76 4.27 2029 5.52 5.67 6.34 2030 7.94 8.17 9.64 2031 11.00 11.41 13.78 Apecoin price prediction 2026 The year 2026 will experience bullish momentum. According to the APE price movements, it will range between $1.62 and $1.91, with an average price of $1.66. APE price prediction 2027 The Apecoin price forecast climbs even higher in 2027. According to the prediction, it will range between $2.47 and $2.80, with an average trading price of $2.54. APE price prediction 2028 According to our APE prediction, the price of APE will range between a minimum of $3.63 and a maximum of $4.27. It will average at $3.76. Apecoin price prediction 2029 According to our APE price prediction for 2029, the price will reach a maximum of $6.34 and a minimum price of $5.52, with an annual average of $5.67. APE prediction 2030 The ApeCoin price prediction for 2030 indicates a price range of $7.94 to $9.64 and an average price of $8.17. Apecoin price prediction 2031 APE will trade higher in 2025, ranging between $11.00 and $13.78. The average price for the year will be $11.41. Apecoin price prediction 2025 – 2031 APE market price prediction: Analysts’ APE price forecast Platform 2025 2026 2027 Digitalcoinprice $1.29 $1.57 $2.28 Gate.io $0.65 $0.80 $0.86 Changelly $1.88 $1.34 $0.71 Cryptopolitan’s APE price predictions Our predictions show APE will achieve a high of $1.59 in 2025. In 2027, it will range between $2.47 and $2.80, with an average price of $2.54. In 2030, it will range between $7.94 and $9.64, with an average price of $8.17. Note that the predictions are not investment advice. Seek independent professional consultation or do your research. APE historic price sentiment ApeCoin price history Yuga Labs founded the ApeDAO in 2022. 62% of the tokens were given to the ApeDAO. 15% to BAYC and MAYC NFT holders, 16% to Yuga Labs, 14% to launch contributors, and 8% to BAYC founders. APE was distributed and began trading on March 17, 2022, at $7.26. The year 2022 closed with APE trading at $3. It remained bearish for the first three quarters of 2023. In October, it had dropped to $1.09. The crypto market sentiment changed in October as institutional interest in electronically traded funds rose. As the global crypto market cap broke above $2 trillion, APE broke above $2. The bull run continued in 2024, pushing APE as high as $2.43. The market started reversing afterward, and by June, it had fallen below $1. It crossed into August trading at $0.71. In September, it rose to $0.87 but later corrected falling to the $0.67 mark in October. After the launch of the Apechain, APE pumped, rising above $1 in November and peaking at $2.17 in early December, after which it started correcting. It crossed into 2025 trading at the $1.20 mark. It then assumed a bear run, and by February, it had fallen below $0.70 and $0.50 in April. It recovered in May, rising above $0.65 and $0.69 in June.

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