A significant liquidation event recently unfolded on Hyperliquid, dramatically impacting trader James Wynn’s positions amid Bitcoin’s price volatility. This event underscores the high-risk nature of derivatives trading, especially in the
Ethereum (ETH) trades within a narrow range, with major institutional investors increasing their exposure. According to on-chain analytics platform Lookonchain, BlackRock has accumulated over 214,000 ETH over the week—worth approximately $560 million. The move coincides with a period of price consolidation for ETH, which has hovered between $2,500 and $2,700 over the last several weeks. Despite low price volatility, ETF inflows have steadily risen, pointing to growing institutional confidence. BlackRock leads ETH inflows amid subdued price action BlackRock’s activity suggests a deliberate accumulation strategy. By building positions during a period of market calm, the firm appears to be positioning itself ahead of potential macro or regulatory shifts. Data confirms the iShares Ethereum Trust (ETHA) has attracted sustained inflows since U.S. regulators approved Ethereum spot ETFs earlier this year. According to data from SoSoValue, Ethereum ETFs posted $109.43 million in net daily inflows, of which BlackRock alone accounted for $77.06 million. This marked the 12th consecutive day of positive inflows into ETH-based funds. By contrast, BlackRock’s Bitcoin ETF recorded significant outflows on May 30 and June 2—totaling $561 million. While inflows briefly returned to the firm’s Bitcoin product with $58 million on Tuesday, the figure was still dwarfed by Ethereum’s ETF momentum. TheBlock’s Global In/Out of the Money (GIOM) indicator shows Ethereum’s next major resistance zone between $2,726 and $2,856. Roughly 4.13 million ETH—held by 2.7 million addresses—were acquired within this band. Meanwhile, over 12 million ETH sit in the out-of-the-money zone at an average cost basis of $2,613. ETH source: LookonChain This imbalance suggests that many investors are still in accumulation mode. The at-the-money zone remains larger than immediate resistance, indicating that ETH may be under less near-term sell pressure. Joao Wedson, CEO of analytics firm Alphractal, said in a tweet that significant market-maker activity at lower levels could signal a breakout is forming. He identified a short-term target of $2,830 following a break above $2,660. Wedson also highlighted $2,556 as a key stop-loss threshold based on aggregated liquidation data. Ethereum Technical setup supports recovery, but ETH remains range-bound Ethereum’s daily chart shows modest strength. A bullish crossover between the 50-day and 100-day exponential moving averages recently formed, supporting the short-term outlook. The daily Relative Strength Index (RSI) also indicates renewed buyer interest. HTH dailychart/ Source: TradingView BlackRock’s $560 million Ethereum purchase via the iShares Ethereum Trust signals a strategic long-term commitment, not a speculative trade. Despite Ethereum’s price staying in a tight range, institutional interest continues to build.
Bitcoin climbed to a fresh peak in May, but upward momentum slowed as long-term holders began locking in profits. Its price has remained relatively stable this week, fluctuating within a narrow range of $103,000 to $106,000. At the time of writing, the crypto asset trades below $105,000, which represents a minor decline over the past day. Despite the subdued price action, Bitcoin is seeing an increased user participation. Strong BTC Network Growth Bitcoin’s on-chain activity has spiked sharply this week, according to the latest analysis from Santiment. On May 29, the network registered 556,830 newly created wallets – the highest daily total since December 2, 2023, representing a significant surge in user growth. Just days later, on June 2, Bitcoin saw its most active circulation day since December 8, 2024, with 241,360 BTC moved. These activity spikes coincide with Bitcoin’s price trading just below $105,000. Santiment noted that rising network growth and token circulation are typically bullish indicators, pointing to a renewed interest and broader utility at a time when the crypto market continues to consolidate. The latest activity comes as Bitcoin sees renewed bullish accumulation, with new whales, wallets holding 1,000+ BTC with coins aged under six months, doubling their holdings to 1.1 million BTC since March. This 600K BTC surge, which is around $63 billion, now represents 5.6% of the total supply, indicating intensified fresh capital inflows. Unlike long-held coins, these recent buys suggest increased investor conviction. Combined with a 30% drop in exchange balances and increasing institutional adoption, market experts view this behavior as a setup for a supply squeeze. While increased network activity and accumulation trends paint a strong demand-side picture, miner-focused metrics are now offering additional insights into the current market setup. Bitcoin Hash Ribbons Flash Rare Buy Signal Bitcoin’s Hash Ribbons indicator has issued a new buy signal, highlighting stress within the mining sector. The tool monitors the 30-day and 60-day hashrate moving averages to detect periods when mining becomes less profitable. Such stress often forces miners to sell their BTC, adding short-term selling pressure. However, this has historically reflected attractive buying opportunities for long-term investors. Given Bitcoin’s hash rate has recently hit all-time highs, the emergence of this signal suggests the current market dip may be worth buying. It’s important to note that, aside from 2021’s mining ban in China, this indicator has proven consistently reliable in identifying solid entry points. The post Bitcoin (BTC) Sees Highest Wallet Growth and Circulation Spikes of 2025 appeared first on CryptoPotato .
JPMorgan, America’s biggest bank by total assets, is set to let its trading and wealth-management clients use certain crypto-linked assets, including spot Bitcoin exchange-traded funds (ETFs), as loan collateral in the coming weeks, as the United States regulatory environment warms to digital assets. According to a June 4 report from Bloomberg citing unnamed sources familiar with the matter, the banking giant will start by allowing financing backed by shares of BlackRock’s iShares Bitcoin Trust, currently the largest US spot Bitcoin ETF with over $70 billion in assets under management. JPMorgan will reportedly consider clients’ crypto holdings when assessing their total net worth and liquidity, treating cryptocurrencies like real estate and vehicles when determining a client’s ability to repay a loan. JPMorgan’s Love-Hate Relationship With Bitcoin Despite the expanded offerings for trading and wealth-management clients, Dimon has long been a Bitcoin skeptic. The billionaire banker has previously called Bitcoin a “pet rock” and asserted that crypto’s “true use case” was for sex traffickers and money launderers. While he recently confirmed that the bank he heads would soon start to allow customers to buy Bitcoin, the famously crypto-skeptical banker hasn’t changed his tune. Nevertheless, the bank’s latest pivot underscores the increasing institutional pressure to accommodate crypto as the asset class’s footprint in traditional finance deepens. This comes as US President Donald Trump has been easing restrictions on banks and crypto-centric businesses. In April 2025, the Federal Reserve rescinded guidance that served to deter banks from engaging in crypto and stablecoin activities. The US Office of the Comptroller said in May that banks could now buy and sell crypto they hold in custody at customers’ direction. Later the same month, the Wall Street Journal reported that several US banks, including JPMorgan, Bank of America, and Citigroup, were holding early talks to issue a joint crypto stablecoin. That said, Dimon’s JPMorgan could dive deeper into crypto with more offerings amid the changing regulatory winds.
Bitwise CIO Matt Hougan confirms that the XRP ETF approval process is progressing steadily, signaling growing institutional confidence in crypto investments. Institutional adoption is accelerating as regulatory clarity improves, with
When 2024 wrapped up, the SHA256 consensus algorithm used by Bitcoin ranked third in profitability, but now, as we kick off June 2025, it shares the top spot, matched up with Litecoin’s Scrypt. SHA256 and Scrypt Tie for Top Mining Profits in June 2025 Dec. 29, 2024 saw Scrypt, the mining method for litecoin (
Trump Media and Technology Group, the company majority-owned by US President Donald Trump and that runs his Truth Social media platform, is wasting no time trying to introduce a spot Bitcoin exchange-traded fund (ETF) to US investors. The company submitted a Form S-1 registration statement with the U.S. Securities and Exchange Commission for its Truth Social Bitcoin ETF on June 5. The proposed fund would hold spot Bitcoin and list on NYSE Arca, exposing investors to the apex cryptocurrency via shares on the stock exchange. “The assets of the Trust consist primarily of bitcoin held by a custodian on behalf of the Trust. The Trust seeks to generally reflect the performance of the price of Bitcoin,” the filing reads. The new fund entails exclusivity clauses. According to the S-1, Crypto.com will offer certain services exclusively to the trust behind the product. Neither the ticker symbol for the Truth Social Bitcoin ETF nor the sponsor fee has been disclosed in the initial Form S-1. The S-1 comes two days after NYSE Arca filed a Form 19b-4 seeking exchange approval to list and trade shares of the ETF. Both filings are standard dual applications required before an ETF can go live in the US. The S-1 includes detailed information about the fund’s structure, strategy, and risk disclosures. According to Bloomberg’s senior ETF analyst Eric Balchunas, the risk section highlights potential implications of President Donald Trump’s pro-crypto push and regulatory changes. The filing notes the establishment of an SEC crypto-task force in January and Trump’s March executive order creating a Strategic Bitcoin Reserve, adding that “it is not possible to fully predict the potential impacts on the Sponsor, the Trust, TMTG, Crypto.com, their affiliates or third-party service providers.” “Pretty sure it’s the first time ever the advisor is in the risk section,” Balchunas posted on X. If approved and listed, the ETF will see crypto asset manager Yorkville America Digital, which is listed as sponsor, act in the role an advisor would play for an ETF filed under the U.S. Investment Company Act of 1940. Approval for the Truth Social Bitcoin ETF would deepen President Trump’s ties with the crypto market. Trump Media and Technology Group recently announced a $2.3 billion offering to create a corporate Bitcoin treasury. In addition, the proposed fund would join a bevy of 11 U.S. spot BTC ETFs approved by the SEC for trading on Wall Street last year. BlackRock’s iShares Bitcoin Trust (IBIT) has become one of the most successful ETF launches in the history of U.S. ETFs, with roughly $70 billion in assets since its debut.
TRUTH SOCIAL BITCOIN AND ETHEREUM ETF REGISTERED IN NEVADA $BTC #Bitcoin $ETH #Ethereum
A recent statement from Deutsche Bank has brought renewed optimism to the cryptocurrency sector, particularly for XRP. Highlighted in a detailed research report, Deutsche Bank confirmed what many in the space have long believed: clearer regulatory frameworks like MiCA will push up cryptocurrency prices. This validation comes at a critical moment, as the EU’s Markets in Crypto-Assets Regulation (MiCA) now moves from policy to full enforcement in 2025. Deutsche Bank: Regulation Will Drive Prices Higher In the research note authored by Marion Laboure, Ph.D., and Cassidy Ainsworth-Grace, Deutsche Bank made it clear that institutional adoption is set to accelerate thanks to improved regulatory clarity. The bank pointed to the EU’s MiCA framework as a transformative force, stating: “A clearer regulatory framework should drive corporate adoption, pushing up prices.” This sentiment was echoed by SMQKE, who spotlighted the research with the caption: “Major Confirmation from Deutsche Bank.” Major Confirmation from Deutsche Bank. “Clearer regulatory frameworks like MICA WILL PUSH UP CRYPTOCURRENCY PRICES.” Documented. https://t.co/UJzZdZhXKx pic.twitter.com/i3DFLulVxt — SMQKE (@SMQKEDQG) June 5, 2025 The Deutsche Bank report was released after the U.S. SEC approved multiple Spot Bitcoin ETFs, a move that already boosted market sentiment. But it’s MiCA, the EU’s legal framework for crypto-assets, that Deutsche Bank sees as the longer-term catalyst for sustained institutional inflows and price appreciation. MiCA: Now Fully Enforceable Across the EU MiCA entered into force in June 2023, with its rules on stablecoins becoming applicable by June 2024, and its broader rules for crypto-asset issuers and service providers taking effect in December 2024. As of now, MiCA is fully operational across the European Economic Area. MiCA introduces legal definitions and licensing requirements for Utility Tokens, Stablecoins (ARTs and EMTs), and Crypto-Asset Service Providers (CASPs). Crucially, MiCA excludes DeFi, NFTs, and crypto conglomerates, focusing its scope on centralized actors and custodial services. XRP Recognized as a Utility Token Under MiCA One of MiCA’s most important clarifications is its classification of XRP as a utility token . This designation affirms that XRP is not a security, aligning with Ripple’s long-standing legal position and clearing a regulatory pathway for XRP’s use across Europe. As a utility token, XRP falls squarely within MiCA’s oversight, which means issuers and service providers working with XRP now benefit from full legal certainty when operating in the EU. This gives XRP a strategic compliance advantage over many other digital assets. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 On the contrary, Bitcoin and Ethereum have been excluded from MiCA’s jurisdiction. The reason? Both lack a specific issuer, a core requirement for inclusion under the MiCA framework. As such, the EU will regulate BTC and ETH under other legacy financial laws or future regulatory efforts. This exclusion puts XRP in a favorable position from a legal and compliance standpoint. As firms seek regulatory certainty, XRP offers a clearer path than Bitcoin or Ethereum in the European Union. A Bullish Outlook for 2025 and Beyond With MiCA fully active and Deutsche Bank’s endorsement now public, the message is unmistakable: clear regulation is good for crypto. XRP’s alignment with MiCA provides it with a robust foundation for adoption, particularly among European institutions looking for compliant blockchain solutions. As Deutsche Bank concluded, the stage is now set for corporate integration, institutional participation, and ultimately, price growth driven by fundamentals, not speculation. SMQKE’s statement captures it best: “Documented.” The groundwork has been laid, and the confirmation is now in black and white. 2025 may be the year regulatory clarity becomes crypto’s greatest asset. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Major Confirmation from Deutsche Bank for XRP and Crypto Prices appeared first on Times Tabloid .
Adam Back, a key influencer in the Bitcoin ecosystem, has publicly encouraged Elon Musk to secure his wealth by investing in Bitcoin, emphasizing the cryptocurrency’s role as a hedge against