Summer is here, and the crypto market has made a comeback from its previous bearish state. This makes it a perfect time for investors to earn maximum returns. Memecoins are at the forefront of the crypto hype right now, and while investors want to cash in on this, it’s important to remain cautious. Pepe and Pepeto are two memecoins that have won over analysts and the community alike. Both sharing froggy themes and casual humor, these two tokens should not be missing from your portfolio this summer. Pepeto Pepeto is a platform that has made a significant impact in the memecoin realm, inviting the attention of investors. Having attracted over $5.3 million in its presale, Pepeto has made its way into every savvy investor’s portfolio at the accessible price of $0.000000134. Pepeto provides a high level of security and transparency for its users and has been audited by firms such as Coinsult and SolidProof. Its native memecoin marketplace platform, Pepeto Swap, offers multiple attractive features such as free listing fees, enhanced security and asset protection, hassle-free bridging across chains and endorsed tokens. 📣 Announcement 📣 : PEPETO EXCHANGE DEMO VERSION IS READY, SET TO BE DISPLAYED IN PEPETO OFFICIAL SOCIALS, IN LESS THAN ONE WEEK - APPLICATION FOR LISTING VIA OFFICIAL WEBSITE WILL RESUME AFTERWARDS - Comment - $PEPETO is the God of all frogs- if you are all set up and ready… pic.twitter.com/29jey8Oqrg — Pepeto (@Pepetocoin) June 6, 2025 Six principles make up Pepeto’s ecosystem and these principles include: Power, energy, precision, efficiency, technology and optimization. They work together to form the blueprint of Pepeto’s vision and play an integral part in the token’s success. Pepeto has a 4-phase roadmap and a token supply of 420 trillion tokens, of which 30% will be allocated to the presale. Another 30% will be set aside for token rewards, 20% for marketing, 12.5% for liquidity and 7.5% for project development. Pepe Drawing inspiration from the 2004 Matt Furie comic character ‘Pepe the Frog’, #PEPE is a token that many in the crypto world are familiar with. The top 3 memecoin currently sits at a market cap of 4.53 billion, a testament to the solid backing of the community. The pioneer memecoin is inarguably a key player in the market, acting as a beacon for the many innovative frog-themed projects that have come after it, such as Pepeto. Analysts posit that the token is geared for a major rally in the near future, which has spurred optimism among investors. At the time of writing, Pthe EPE token is priced at $0.0000108, with a 24-hour trading volume of 424 million USDT. Join the Pepeto Presale # PEPETO tokens are available in presale at the accessible price of $0.000000134 per token. A range of payment options is available, including card, ETH, USDT or BNB. The presale has surpassed the $5.3 million mark and is on track to reach additional milestones in the coming weeks. ABOUT PEPETO Pepeto is a cutting-edge cryptocurrency project blending the playful spirit of memecoins with a powerful, utility-driven ecosystem. It features a zero-fee exchange, a cross-chain bridge for seamless swaps, and staking rewards designed to support the next generation of tokens. Media Links: Website: https://pepeto.io/ X: https://x.com/Pepetocoin TG: https://t.me/pepeto_channel IG: https://www.instagram.com/pepetocoin/ YouTube: https://www.youtube.com/@Pepetocoin/ Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Key takeaways : Ethereum Name Service price prediction suggests a peak price of $25.16 in 2025. By 2028, ENS could see significant growth, with predictions suggesting a potential maximum price of $81 ENS could achieve its highest price yet, reaching up to $241.53 by 2031. Ethereum Name Service is a network that allows crypto-enthusiasts to rename their crypto addresses into something simpler, making them easier to remember. Renaming crypto addresses through ENS will enable users to recollect and write them quickly. Even though Ethereum Name Service is based on the Ethereum blockchain, it uses its cryptocurrency, ENS. ENS is used for governance purposes on the blockchain network. Users can also send and receive any cryptocurrency with the system’s wallet. The price of ENS has experienced ups and downs since it launched on the market, dropping to as low as $6.7 and hitting an ATH of $85.69. As decentralized identities and Web3 technology are adopted, ENS positions itself as a key player in this transformative space. How will this affect investors’ perceptions of the Ethereum Name Service (ENS) token? Will ENS go up? How high can ENS go? Will ENS recapture its ATH soon? Let’s get into the Ethereum Name Service price prediction for 2025-2031. Overview Cryptocurrency Ethereum Name Service Token ENS Price $20.18 Market Cap $739.23Million Trading Volume (24-hour) $70.59 Million Circulating Supply 100 Million ENS All-time High $85.69, Nov 11, 2021 All-time Low $6.70, Oct 19, 2023 24-h High $20.52 24-h Low $19.86 Ethereum Name Service technical analysis Metric Value Price Volatility (30-day Volatility) $15.36 (-24.74%) 50-Day SMA $ 20.65 14-Day RSI 41.03 Sentiment Neutral Fear & Greed Index 45 (Fear) Green Days 16/30 (53%) 200-Day SMA $21.04 Ethereum Name Service price analysis: ENS under pressure: technical indicators signal further downside risk across timeframes TL;DR Breakdown : ENS is trading below mid-Bollinger Bands on both the 4-hour and daily charts, indicating bearish momentum RSI and MACD show weakening strength with sellers maintaining control across timeframes A drop below the $19.10 support level could lead to further downside unless a strong recovery emerges Ethereum Name Service 1-day price chart ENS/USD chart Image Source: TradingView Based on the 1-day chart on June 15, Ethereum Name Service (ENS) is exhibiting mild bearish momentum. The price has dropped below the mid-Bollinger Band at $21.43 and is currently hovering near $20.12, approaching the lower band around $19.18. This positioning suggests continued downward pressure unless a strong bounce occurs. The RSI stands at 43.88, reflecting weakening bullish momentum and indicating that sellers are gradually gaining control. If ENS fails to hold above the lower Bollinger Band, the price may slide toward the $16.00 support zone. A reversal would require a decisive break above the mid-band and an RSI move above 50. ENS/USD 4-hour price chart analysis ENS/USD chart Image Source: TradingView Based on the 4-hour chart, Ethereum Name Service (ENS) is under bearish pressure. Price action has slipped below the mid-Bollinger Band ($20.61) and is nearing the lower band at $19.10, indicating downside continuation. The MACD line is in negative territory with a bearish crossover, while the Balance of Power is at -0.41, suggesting sellers are in control. If ENS breaks below the $19.10 support, further decline toward $18.00 or lower is likely. Any recovery would require a strong move above $20.61 with increasing volume. Until then, the short-term outlook remains bearish with limited signs of reversal. ENS technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $20.13 BUY SMA 5 $21.33 BUY SMA 10 $22.14 BUY SMA 21 $ 21.45 BUY SMA 50 $18.44 BUY SMA 100 $ 19.58 BUY SMA 200 $21.92 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $ 20.40 BUY EMA 5 $18.95 BUY EMA 10 $ 17.40 BUY EMA 21 $16.96 BUY EMA 50 $19.04 BUY EMA 100 $ 22.17 BUY EMA 200 $23.59 SELL What to expect from ENS? Based on the 4-hour and 1-day charts, Ethereum Name Service (ENS) shows a bearish outlook. On the 1-day chart, the price has fallen below the mid-Bollinger Band ($21.43) and approaches lower support at $19.18, while the RSI at 43.88 suggests fading momentum. The 4-hour chart confirms this weakness, with price hovering just above $20.12 and MACD in negative territory, indicating continued selling pressure. The Balance of Power also favors bears. If support at $19.10–$19.18 fails, further downside toward $18.00 is likely. A bullish reversal would require reclaiming the mid-Bollinger zones with volume and RSI crossing above 50. Is ENS a good investment? Ethereum Name Service (ENS) can be a good investment if you believe in the long-term potential of decentralized domain names and the growing adoption of blockchain technology. ENS offers a unique utility by allowing users to register human-readable names for Ethereum addresses, which simplifies transactions and interactions within the Ethereum ecosystem. Its value could increase as more users and businesses adopt decentralized web services. Will ENS recover? The ENS price has experienced a sharp drop followed by a gradual recovery, indicating some resilience in the market. While there has been a rebound from the low, whether ENS will recover depends on continued buying interest and broader market conditions. Will ENS reach $100? Forecasts for ENS indicate significant growth potential over the coming years, with the price projected to reach $100.37 on average by 2029. This implies that reaching $100 is plausible within the next few years, driven by positive market trends and increasing adoption. Will ENS reach $500? Forecasts for ENS indicate significant growth potential over the coming years. However, attaining $500, while attainable, might not happen anytime soon. Does ENS have a good long-term future? Ethereum Name Service (ENS) shows a strong long-term potential based on current predictions. The price is expected to increase significantly over the next several years, with forecasts extending to $241.53 by 2031. This indicates a positive outlook for ENS, supported by ongoing market developments and growing investor interest. Recent news/opinion on Ethereum Name Service ENS Users Can Now Display Their .eth Names Across Web3 Apps Ethereum Name Service (ENS) has introduced an easy way for users to personalize their web3 identity by setting a primary ENS name—such as yourname.eth —instead of the default hexadecimal address. Users can do this by visiting app.ens.domains , selecting their preferred name, and confirming the update in their wallet. Once set, platforms like Uniswap, OpenSea, and Etherscan will display the user’s ENS name in place of the wallet address. Only one primary name can be linked per address, and while not necessary for transactions, it enhances user visibility across ENS-supported platforms. Want wallets or dapps to show yourname.eth instead of a 0x? → Go to https://t.co/5tArNzDa07 and choose your preferred name → Click “Set as primary name” → Confirm in your wallet Now every ENS-enabled wallet and dapp displays yourname.eth, not the hex. pic.twitter.com/11TzqzoGvi — ens.eth (@ensdomains) June 3, 2025 Ethereum Name Service (ENS) has been integrated into SheFi’s curriculum, empowering Cohort 13’s 3,000+ members to personalize their crypto experience. Participants can now claim a gasless, human-readable Shefi.eth subname on Base, which is their primary wallet address. This initiative simplifies crypto adoption by replacing complex wallet strings with easy-to-read names. ENS credits Namespace for supporting the migration and technical onboarding to enable this educational milestone within the SheFi community. ENS is part of the SheFi curriculum 💫 @shefiorg cohort 13 received over 3,000 applications to learn the foundations of crypto. This now includes how to name a wallet using ENS. To support this lesson, every member can claim a SheFi username and use it as their primary address. pic.twitter.com/YS1CY23Csq — ens.eth (@ensdomains) April 8, 2025 Ethereum Name Service price prediction June 2025 In June 2025, the maximum price for Ethereum Name Service could reach around $22.44. Furthermore, the minimum cost of ENS in June 2025 is $20.00 with an average price of $21.82. Month Minimum Price Average Price Maximum Price June $20.00 $21.82 $22.44 Ethereum Name Service price prediction 2025 Ethereum Name Service (ENS) forecast for 2025 suggests an average price of $26.32 and a maximum price of $27.11. The minimum price for ENS could reach $25.16. Year Minimum Price Average Price Maximum Price 2025 $25.16 $26.32 $27.11 Ethereum Name Service price predictions 2026 – 2031 Year Minimum price Average price Maximum price 2026 $31.24 $32.10 $35.97 2027 $46.27 $47.55 $55.15 2028 $68.07 $70.44 $81.00 2029 $96.85 $100.37 $117.82 2030 $139.02 $143.04 $171.05 2031 $172.03 $205.84 $241.53 Ethereum Name Service price prediction 2026 In 2026, the Ethereum Name Service price prediction is projected to experience significant growth. The maximum forecasted price is $35.97, with an expected average trading price of $32.10 and a minimum of $31.24. Ethereum Name Service price prediction 2027 The Ethereum Name Service price forecast for 2027 projects a peak price of $55.15. The average price is projected to stabilize around $47.55, with the minimum price being $46.27. Ethereum Name Service price prediction 2028 In 2028, Ethereum Name Service is expected to reach a minimum price of $68.07, a maximum price of $81.00, and an average value of $70.44. Ethereum Name Service price prediction 2029 The price of Ethereum Name Service is expected to reach a minimum level of $96.85 in 2029. Traders can expect a maximum level of $117.82 and an average price of $100.37. Ethereum Name Service price prediction 2030 Ethereum Name Service’s price for 2030 suggests a minimum of $139.02. According to expert analysis, ENS could reach a maximum possible level of $171.05 and an average price of $143.04. Ethereum Name Service price prediction 2031 In 2031, the price of Ethereum Name Service is forecasted to be around a minimum value of $198.69 Ethereum Name Service (ENS) can reach a maximum price of $241.53 and an average trading value of $205.84. Ethereum Name Service price prediction 2025 – 203 1 Ethereum Name Service market price prediction: Analysts’ ENS price forecast Firm Name 2025 2026 Coincodex $ 29.89 $ 22.47 Digitalcoinprice $28.07 $33.26 Cryptopolitan’s Ethereum Name Service (ENS) price prediction Cryptopolitan’s overall Ethereum Name Service price predictions present a promising outlook through 2031. ENS is expected to experience substantial growth, with 2025 projections showing a peak of about $16.18. Also, prices will rise to a maximum of $168.90 by 2031. Ethereum Name Service historic price sentiment ENS price history ⏐ Source: Coinmarketcap ENS started at $10.75 in January 2022, peaked at $15.21 in March, then declined to $9.28 by June. The price stabilized around $8.01 in September and rebounded to $10.75 by December. In early 2023, ENS rose sharply from $15.90 to $22.41 in March, driven by high trading volumes. It then dropped to $9.28 by June and saw a modest recovery to $9.67 by December. By 2024, ENS surged to $30.69 by March, fell to $14.60 in April, and rebounded to $25.85 in May. It peaked at $31.06 in July, reached $21.1 in September, and is currently trading between $17.18 and $18.88 in October. In November, ENS hit a peak price of $46.76. By mid-December, the coin reached a high of $50.22 and closed the year at $32.96. ENS opened trading in 2025 at $32.96 and is currently trading between $30.13 and $32.42. However, the closing price for ENS in January was $31.52. As of February 2025, ENS was trading at $26.4. ENS value decreased further in March as it dipped to the $20 range. In April, ENS is trading between $12 and $15. ENS ended April at $16.27. At the start of May, ENS price is trading between $12.54 and $19.4 ENS ended May at $22.85. In June, ETH is trading between $20.1 and $25.0
In a significant on-chain development, Coinbase has moved 26.89 million XRP from its cold storage wallet to an institutional wallet tagged DT:1. The transfer, first flagged by crypto analyst Xaif on X, has triggered widespread speculation within the XRP community about what may be unfolding behind the scenes. Such large-scale movements are rarely random and often precede major institutional actions, particularly when they involve cold wallets, typically reserved for long-term asset storage. Institutional Wallet Activity Raises Eyebrows Cold wallets are designed to hold digital assets offline, reducing the risk of hacks and theft. Moving nearly 27 million XRP, worth over $58 million at current prices, from a cold wallet to an institutional address suggests a change in intent. Rather than simply storing these tokens, Coinbase may be preparing them for deployment in trading operations or over-the-counter (OTC) deals. XRP Demand Surge? Coinbase just moved 26.89M $XRP from its cold wallet to institutional wallet (DT:1) This kind of transfer often hints at rising institutional interest or upcoming trading activity. Something big brewing? #XRP pic.twitter.com/fKK3r5GWU9 — 𝕏aif | (@Xaif_Crypto) June 15, 2025 The destination wallet, tagged DT:1, is widely understood to be part of Coinbase’s infrastructure for serving institutional clients. These wallets are not used for routine retail transactions; they’re typically reserved for facilitating large-volume transfers and fulfilling liquidity demands from hedge funds, market makers, and high-net-worth clients. This strongly suggests that institutional demand for XRP may be on the rise. What This Could Mean for XRP Xaif’s post highlighting the transaction has sparked curiosity about a potential price breakout or major institutional onboarding. Historically, large-scale transfers of XRP to institutional wallets have preceded major developments, such as partnership announcements, liquidity expansions, or the rollout of new financial products. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Although Coinbase has not issued an official statement regarding the purpose of the transfer, the move aligns with patterns seen in other cryptocurrencies just before heightened trading activity or strategic product launches. Coinbase may be preparing XRP liquidity to meet rising institutional demand or upcoming market events that require readily available assets. Final Thoughts While blockchain activity alone cannot confirm intent, it often offers early signals. The abrupt movement of 26.89 million XRP from a secure cold wallet to a known institutional address indicates that Coinbase is positioning for something beyond routine operations. Whether this leads to increased market activity, a new wave of institutional adoption, or both, remains to be seen. As Xaif aptly put it in his post, “Something big brewing?”—the signs certainly suggest so. The coming days will reveal whether this was merely a strategic reserve allocation or the beginning of a much larger institutional move into XRP. 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 Coinbase Abruptly Moved 26.89M XRP. Here’s the Destination appeared first on Times Tabloid .
Polkadot is evaluating a $2 million Bitcoin reserve strategy to diversify its treasury and enhance financial stability amid recent DOT token challenges. This community-driven proposal reflects a growing trend among
Binance, one of the world’s largest cryptocurrency exchanges, has made a significant rule change to its Alpha program. The company announced that as of June 17, 2025, 03:00 (UTC+3), trading volumes between Alpha tokens will no longer be included in the Alpha Score calculation. This decision comes after some Alpha tokens, such as ZKJ and KOGE, experienced high price fluctuations recently. Binance explained that this volatility was caused by large investors withdrawing on-chain liquidity and the subsequent liquidation chain. The company stated that this change was implemented to protect fair competition in the market, ensure stability and reduce systemic risks that may arise from excessive concentration. Related News: The Big Whale Sends These Two Altcoins Plummeting - Major Price Drop According to its official website, Binance Alpha serves as a pre-selection platform where tokens that are considered for potential listing on the exchange are transparently introduced. Projects included in the program are selected based on Binance’s industry expertise and advanced analytics. Although there is no direct listing guarantee, some tokens on Binance Alpha have a chance of being listed on the Binance exchange in the future. *This is not investment advice. Continue Reading: Binance Issues Statement Following Major Crash in Two Altcoins – Changing the Rules
Members of the Ripple and XRP communities are awaiting the next development in the Ripple vs. SEC lawsuit—a long-standing legal battle that began in December 2020. While Ripple supporters expressed excitement over Judge Analisa Torres’s 2023 court ruling, which established that the secondary sale of the XRP token does not make the asset a security, it remains uncertain where the case is headed this time. In the most recent development, Ripple and the SEC filed a joint motion requesting that $125 million be released from the escrow account, $50 million be distributed to the SEC as settlement costs, and the remaining funds be transferred to Ripple. As market onlookers await the Judge’s decision, Pro-crypto attorney John Deaton has taken to X to provide clarity on what he believes could happen next. Countering claims that he and another pro-crypto attorney Fred Rispoli wanted the SEC to suck up to Anilsa Torres’ with its most recent filing, he made the following remark ; “That’s not it. In fact, I believe there’s a 70% chance she grants the relief requested, and I’ll discuss it more in detail tomorrow. What I was expecting wasn’t ass kissing. And know, I’m not being super critical of the lawyers who filed it. They’re much more experienced than I am in these matters and experience is the greatest teacher in life. In fact, the lawyer who signed on behalf of Ripple is a former SEC Director of Enforcement.” He detailed his expectations for the regulator’s lawyers, explaining that he had hoped that the regulator would acknowledge the role of the former leadership in what he regards as an over-surveillance of the crypto industry. The attorney laid out his expectations for the attorneys behind Ripple, stating that the crypto firm failed to highlight the disadvantages that new regulatory policies could have on the broader crypto market, despite the current court order placing competitor firms like Circle miles ahead of Ripple. Despite maintaining that the joint motion is more likely to be granted than it is to be rejected, Deaton remains convinced that a stronger case should have been made to “get a [the] judge to rescind her ruling that she firmly believes (whether right or wrong) is consistent with existing law instead of assuming she’ll grant it because you cite a couple cases for her to hang her hat on to grant it – IF she so chooses.”
Donald Trump says he’s working the phones again—this time to force Israel and Iran to sit down and figure out how not to blow the planet up. In a long post on Truth Social, the president said he believes both countries “should make a deal, and will make a deal,” and he plans to use American trade to make it happen. He compared it to how he claims he calmed things down between India and Pakistan last month. The method then, Trump said, was straight-up trade leverage. “TRADE with the United States brought reason, cohesion, and sanity,” he posted, calling the leaders he dealt with “excellent” and “able to quickly make a decision and STOP!” Meanwhile, according to a report by Reuters, Trump has already blocked an Israeli plan to assassinate Iran’s Supreme Leader, Ayatollah Ali Khamenei. Two senior US officials told the outlet that Trump rejected the idea on the grounds that no American had been killed yet. One of them reportedly said, “Have the Iranians killed an American yet? No. Until they do, we’re not even talking about going after the political leadership.” That veto, paired with Trump’s sudden push for peace, suggests that he wants a deal, not a new war. Trump says Iran and Israel are ready to talk Trump also claimed that talks were already underway, though he didn’t say who was in the room or what was being said. “Many calls and meetings now taking place,” he wrote. He said his work in Serbia and Kosovo, and later Egypt and Ethiopia shows his ability to stop decades-old fights from turning into full-blown wars. “There is peace, at least for now, because of my intervention,” he wrote about the Nile River dispute. He promised the same approach would be used to cool things between Tehran and Tel Aviv, closing with: “MAKE THE MIDDLE EAST GREAT AGAIN!” But there’s one problem. That story doesn’t match what Israeli Prime Minister Benjamin Netanyahu is saying. Over the weekend, Benjamin told reporters that Israel’s campaign against Iran would intensify. That message goes directly against Trump’s claim that talks are on. But Trump doubled down in an interview with ABC News, saying, “Something like this had to happen… They want to talk, and they will be talking. May have forced a deal to go quicker, actually.” Conflict pushes oil, inflation, and interest rates into chaos zone The fallout from the growing conflict is already blowing through the global economy. If things don’t cool off soon, JP Morgan says oil prices could hit $130 a barrel. That’s high enough to push US inflation from current levels up to 5%, doubling what it is now. That would also delay any possible interest rate cuts this year, something that investors are already pricing in. Every major market that touches oil is bracing. Iran is currently pumping out 3.3 million barrels a day, or about 3.5% of global supply, but it’s not just production that people are watching. The real danger is the Strait of Hormuz, a narrow 21-mile-wide strip of water that handles 20 million barrels per day—almost the exact amount the US uses daily. If Iran locks it down, 88% of Persian Gulf oil exports get stuck. There’s no detour. All Iran has to do is scare Lloyd’s of London, and ships start backing off. That’s why analysts think the question isn’t just about price anymore. The bigger issue is whether global supply chains, built on just-in-time deliveries, can survive this kind of energy shock. Everything depends on the strait staying open. The world bet that it never closes. That bet might fail. Meanwhile, Israel’s inflation rate dropped more than expected in May, landing at 3.1%, below the 3.4% analysts predicted in a Reuters poll. Still, it remains above the government’s 1%-3% target range, and officials are warning that this war could undo any progress. Israel’s central bank blames ongoing supply issues tied to conflict while admitting that local demand is helping keep prices high. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Brian Armstrong , the CEO of Coinbase , computer scientist, and entrepreneur Paul Graham have expressed their collective trust for the leading cryptocurrency Bitcoin, as they both highlighted its capacity for world domination. Both billionaires are asserting that Bitcoin has the capacity to become the reserve currency of the world. Speaking at this year’s State of Crypto Summit, the Coinbase head highlighted the struggle faced by different governments in their attempt to contain deficit spending. He shares his optimistic outlook for Bitcoin as an alternative currency capable of containing the rise in deficit spending, adding that mass adoption is underway. The crypto billionaire further expressed confidence in this series of events, adding that it could position Bitcoin as a universal reserve currency. “Democracies around the world are really struggling to get their deficit spending under control. I guess my crazy little idea is that I think Bitcoin is going to provide an important check and balance on deficit spending, and if it gets out of control too much, people will flee to it in times of uncertainty, and it could actually end up that Bitcoin is the new reserve currency of the world.” He asserted . Paul Graham, who reacted to Brian Armstrong’s statement, explained that the driving force behind his decision to purchase Bitcoin in its early days was tied to the possibility that it would eventually become a global store of value. “When I first bought some (or at least talked to you about buying some) in 2013, that was the reason: as insurance against it becoming the world’s reserve currency.” He wrote . When asked if his Bitcoin holdings were still intact, he responded in affirmation: “I assume so,” he wrote in a follow-up post. At report time, Bitcoin is valued at $105,566 per coin. The leading asset has managed to clear off weekly losses, although it remains to be seen whether selling pressure is contained throughout the weekend.
Ethereum has been consolidating around the $2,500 price level over the past few days, showing little momentum in either direction. The second-largest cryptocurrency by market cap has struggled to sustain a breakout above the $2,600 resistance zone, despite the inflows into Ethereum Spot ETFs last week. Related Reading: $57 Million In Crypto And Counting: Trump’s World Liberty Connection One event that has sparked interest, and possibly concern, among Ethereum holders is the reactivation of a dormant whale wallet holding millions worth of ETH. The sudden awakening of this long-inactive address raises questions about a potential selling pressure and its market impact. First Transaction From Dormant ETH Address Since 2015 On-chain tracker Whale Alerts was the first to report the reawakening of a pre-mined Ethereum address that had been inactive for nearly a decade. According to the large on-chain transaction tracker, the wallet, which held 2,000 ETH, initiated its last transaction 9.9 years ago. When the wallet last moved any funds in 2015, the entire stash was worth just $620. Today, that same amount is valued at over $5 million, making the owner’s profit roughly 820x based on current prices. At Ethereum’s all-time high price of $4,878 in 2021, the cryptocurrencies reached an unrealized gain of 1573x. 💤 A dormant pre-mine address containing 2,000 #ETH (5,063,918 USD) has just been activated after 9.9 years (worth 620 USD in 2015)!https://t.co/G0i8Rif0XX — Whale Alert (@whale_alert) June 14, 2025 The alert by Whale Alerts, which noted the first transaction after 9.9 years, involved the transfer of 0.0001 ETH from the whale address “0xcF26” to address “0x2C12,” which is a newly created ETH address. However, Etherscan’s on-chain transaction data reveals that the whale address sent 500 ETH into the newly created address shortly afterward. Following the string of transaction data from Etherscan shows that these 500 ETH eventually made their way into address “0x28C6,” which is known to be owned and controlled by crypto exchange Binance. This means that the 500 ETH may have already been sold through the exchange or are currently being prepared for liquidation. Brace For Impact: Will The Remaining 1,500 ETH Be Sold? As of now, the original whale address still holds approximately 1,500 ETH, currently valued at $3.796 million. However, it opens up the question of whether the rest of the funds will also be sold. Although we cannot be sure of a planned full liquidation, the pattern of the 500 ETH transfer and the involvement of an exchange address indicate that the possibility cannot be dismissed. Right now, Ethereum is in a fragile price action around the $2,500 price level. If more ETH is offloaded by the whale, the added selling pressure could make it even harder for Ethereum to break out of its current consolidation phase, especially if there isn’t enough buying pressure to absorb the ETH sold off. Related Reading: Billionaire Snaps Up $100 Million Of Trump Coin – Details At the time of writing, Ethereum is trading at $2,525. The past 24 hours were spent by Ethereum trading between $2,549 and $2,495. Featured image from Unsplash, chart from TradingView
Bitcoin plummets on Israel-Iran conflict, Bitcoin liquidations surge to $1.16 Billion, Robert Kiyosaki declares civil war has begun, and more in this Week in Review. Week in Review Bitcoin plunged below $104,000 following Iranian airstrikes by Israel. The dip triggered a wave of liquidations totaling $1.16 billion. Economist Peter Schiff seized the opportunity to criticize