The post Bitcoin’s Bull Run May Delay – John Bollinger Warns Traders appeared first on Coinpedia Fintech News Bitcoin’s price has gone up a lot this year, even reaching a record high of $111,980. But now it has dropped to around $104,515 , falling 3% in the last 24 hours. It seems the strong rally might be losing steam. Veteran trader John Bollinger, the creator of Bollinger Bands, has shared a warning. He sees a pattern that could mean Bitcoin may slow down or pull back soon. The “Three Pushes to a High” Pattern In his tweet, Bollinger shared a chart showing a “Three Pushes to a High” pattern. This pattern happens when the price hits the upper Bollinger Band three times in a row but can’t keep going higher. It usually means that the uptrend is getting tired, and the price might soon take a break or even drop a little. A picture perfect 'Three Pushes to a High' Bollinger Band Pattern marked the end of this rally phase for $BTCUSD . https://t.co/KZ3GWr7a2o — John Bollinger (@bbands) June 4, 2025 Looking at the chart, Bitcoin’s price reached close to $108,000, testing the upper band three times. But after those pushes, the candles got smaller, and the price started moving up and down instead of straight up. This is often a sign that buyers are losing steam and the price needs to cool off. Why Traders Should Care Although Bollinger didn’t make any direct predictions, the timing of this pattern is important. Bitcoin has recently dropped below $105,000 after touching nearly $112,000 just a few weeks ago. That earlier rally followed Bollinger’s previous analysis in April, when he correctly spotted a bullish setup while BTC was trading around $74,000. Bollinger’s message is important because it’s a reminder that no rally goes on forever. Polymarket Bets: Bitcoin Aiming High for 2025 On the popular betting platform Polymarket, people have already placed more than $12 million in bets on where Bitcoin’s price will land in 2025. Most are betting that Bitcoin will hit $120,000 by the end of the year, with this number having a 76% chance of being right. Polymarket’s overall prediction puts Bitcoin in the $110,000 to $130,000 range by 2025. This positive outlook comes from more big institutions getting involved in Bitcoin, making people believe that the price will keep going up.
K Wave Media has secured a $500 million securities deal to implement a Bitcoin-focused treasury strategy, positioning itself as a pioneering force in South Korea’s crypto and entertainment sectors. The
The deputy chief investment officer (CIO) at the asset manager DoubleLine Capital says his firm predicts that the US dollar will trade down in the short to medium term. Jeffrey Sherman notes in a new interview with CNBC that capital flight is one of the main reasons for their prediction. “If you look at measures of purchasing power parity and thinking about the dollar, and on a trade-weighted basket, the dollar has been overvalued for many years now.” Sherman also argues that the Trump Administration and Treasury Secretary Scott Bessent want a weaker dollar this cycle “because it helps absorb some of these policies.” Additionally, the deputy CIO says gold is looking strong, noting that DoubleLine has continued to recommend gold allocation for its clients. “We have noticed that gold continues to ratchet up, it ratchets up in every currency and you’ve noticed central banks around the world continue to have very strong demand for that. So that also augurs for a weaker dollar as well.” The U.S. Dollar Index (DXY) has lost nearly 0.5% of its value in the past 30 days, nearly 5% in the past three months and almost 9% year to date. 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 $92,000,000,000 Asset Manager Says US Dollar Overvalued for ‘Many Years Now,’ Warns Trend Will Ultimately Be Down for American Currency appeared first on The Daily Hodl .
TL;DR Popular analysts remain bullish on ADA, pointing to strong fundamentals, rising adoption, and other factors as signs of a potential rebound. Data shows ADA outflows from exchanges have significantly exceeded inflows lately, hinting at reduced selling pressure and a possible foundation for upward price movement. Time for ADA to Shine Again? The price of Cardano’s native token has plunged by around 9% on a weekly scale to the current $0.69 (per CoinGecko’s data). Despite the pullback, though, analysts and industry participants remain optimistic that a rebound could be on the way. The X user Sssebi assumed that ADA is gearing up for a rally, claiming that “the bulls are strong and the buying pressure is growing.” Prior to that, the trader suggested that the asset’s recent drop to nearly $0.65 could have signaled a local bottom. “Let’s get above $0.70 now and back above $0.75,” they added. Lucky chipped in, too. The analyst, who has over 2.2 million followers on X, described ADA as a “top 10 gem, primed for another move.” This isn’t the first time Lucky has spoken favorably about ADA. Earlier this year, the analyst envisioned a price pump beyond $2, citing Cardano’s “strong fundamentals, rising adoption,” and growing ecosystem. The X users, Henry and Ali Martinez, also gave their two cents recently. The former labeled ADA as the ocean: “calm, deep, and misunderstood. “ The analyst claimed that the token was “built to last, “ forecasting a surge to $3 sometime this year. Martinez touched upon the matter in mid-May when ADA was worth around $0.78. He assumed that the price may hit $1 in case it breaks above the resistance level of $0.81. The valuation briefly soared above that mark in the following days, only to head south shortly after. In fact, the last time the cryptocurrency traded beyond $1 was in early March this year. Selling Pressure Goes Down An essential element worth observing when trying to predict ADA’s future price dynamics is the asset’s exchange netflow . Data compiled by CoinGlass reveals that, in recent weeks, outflows have significantly outpaced inflows. ADA Exchange Netflow, Source: CoinGlass This trend suggests that investors may have transitioned from centralized exchanges to self-custody solutions, thereby reducing the immediate selling pressure. The post Interesting Cardano (ADA) Price Predictions as of Late appeared first on CryptoPotato .
K Wave Media announced a $500 million securities deal to fund a Bitcoin-treasury strategy, aiming to become the “Metaplanet of Korea.”
Sportsbet.io is thrilled to announce the signing of five new ambassadors, via its ‘Join the Crypto Experience’ program. Each brings their own flavour of excitement, creativity and passion as new members of Team Sportsbet.io. Hamza is first to the stage. A rising star in the casino content world, he is known for his high-energy streams on Kick and heart-racing highlight reels on Instagram. Pamilerin Adegoke , better known as The Pamilerin , is a Nigerian digital marketing powerhouse. He’s previously worked with huge global brands, and will be putting that expertise to good use with Sportsbet.io. Also joining the team is Bolaji Matanmi, aka BMAX , an entertainment entrepreneur and nightlife icon from Lagos who’s known for hosting legendary lifestyle events and club night activations. Norman3 adds strategic flair to the line-up. With sharp commentary, bold gameplay, and a focus on growth, he’s a perfect fit for Sportsbet.io. Finally, meet KaranXX , the fearless content creator from Morocco whose streams are pure adrenaline. He captures the authenticity and excitement Sportsbet.io is all about. This latest wave of creators further strengthens Sportsbet.io’s ambassador program, which continues to attract talent from around the world. If you think you could make the cut, find out more at: https://jointhecryptoexperience.io/ . About Sportsbet.io Founded in 2016 as part of Yolo Group, Sportsbet.io is the leading crypto sportsbook. Sportsbet.io has redefined the online betting space by combining cutting-edge technology, with cryptocurrency expertise and a passion for offering its players with the ultimate fun, fast and fair gaming experience. Official Regional Partner of LALIGA, Official Betting Partner of English football team, Hull City and a Club Partner of Premier League team Newcastle United, Sportsbet.io provides an expansive range of betting action across all major sports and eSports, offering players more than 1M pre-match events per year and comprehensive in-play content. As the first crypto sportsbook to introduce a cash out function, Sportsbet.io is recognised as a leader in both online sports betting and within the crypto community. In December 2023, a lucky Sportsbet.io won the biggest ever online slots jackpot while playing on the site, turning a $50 spin into a prize of more than $42 million. Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of less than 90 seconds, among the fastest in the industry. For more information about Sportsbet.io, please visit https://sportsbet.io .
In crypto news today: Crypto market is red today Tether Backs Chile Exchange Orionx PancakeSwap Hits ATH of $173 Billion Monthly Trading Volume Morph Appoints Colin Goltra as Chief Executive Officer __________ Crypto market is red today The global cryptocurrency market capitalization has declined by 2.2% over the past 24 hours to $3.43 trillion. At the time of writing, the daily crypto trading volume is $95.5 billion, still relatively low. Three of the top 10 coins per market capitalization are up today. Bitcoin (BTC) decreased by 0.4%, meaning that it’s mostly unchanged, now trading at $105,139. Ethereum (ETH) also stands unchanged over the past day, with an increase of less than 0.1%, now trading at $2,622. The category’s best performer is XRP , having increased by 1.1% to $2.24. At the same time, the highest loss is Solana (SOL)’s 3%, currently changing hands at $156. However, most of the top 100 coins have turned red today. Fartcoin (FARTCOIN) saw the biggest decrease: 9.9% to $1.05. Lastly, Quant (QNT) appreciated the most in this category: 4.3% to the price of $114.49. Tether Backs Chile Exchange Orionx Tether has announced its investment in Orionx , a Chilean digital asset exchange and a financial infrastructure company specializing in cross-border payments. According to the press release, this investment officially closes Orionx’s Series A funding round. It will allow the company to consolidate its regional operations. Tether Announces Strategic Investment in Orionx to Advance Digital Asset Adoption Across Latin America Read more: https://t.co/IO130FuWzU — Tether (@Tether_to) June 3, 2025 Furthermore, it will improve its technological capabilities, as well as scale stablecoin-powered infrastructure for remittances, payment collection, and treasury services across Latin America ( LATAM ). Orionx has operations across Chile, Peru, Colombia, and Mexico. It integrates cryptocurrencies into both B2B and retail systems, “delivering cost-effective financial tools,” it says. Meanwhile, Tether also announced that the USDT stablecoin on Aptos is now live on the Flipster exchange. USD₮ on @Aptos is now live on @flipster_io pic.twitter.com/g1VBJm7C6Y — Tether (@Tether_to) June 4, 2025 You may also like: Jack Mallers’ Twenty One Capital Receives Over 25,000 BTC as Pre-Funding From Tether, Bitfinex Stablecoin giant Tether and Bitfinex exchange have transferred 25,812 Bitcoin, worth nearly $2.7 billion, to a new wallet, per Tether CEO Paolo Ardoino.On Monday, Ardoino said that the transfer would help support their investment in Bitcoin treasury firm Twenty One Capital.He wrote on X that the transfer is a part of the “pre-funding of the initial convert/equity raise in Twenty One Capital.”https://twitter.com/paoloardoino/status/1929616736992788768Twenty One Capital, led by... PancakeSwap Hits ATH of $173 Billion Monthly Trading Volume PancakeSwap , a multi-chain decentralized exchange (DEX), has seen the highest monthly trading volume in its history. In May, it recorded $173 billion in total monthly trading volumes. Furthermore, it recorded over $205 billion in trading volumes for Q1 2025. It expects to achieve another all-time high in Q2 2025, as current volume for Q2 has already reached $203 billion: $30 billion in April and $173 billion in May. $173 BILLION MONTHLY TRADING VOLUME. Still building. Job’s not done. pic.twitter.com/QwB49LL9Qp — PancakeSwap (@PancakeSwap) June 3, 2025 The team noted three more key developments: the launch of PancakeSwap Infinity (FKA v4), expansion across blockchains, and BNB Chain dominance. Speaking of which, BNB Chain recorded $178 billion in volume in May, a record high, and has processed over $430 billion in DEX volume this year. It’s also the leading chain by trading activity, with DEX trading volume market share at 67%. “This record-breaking volume is a testament to what’s possible when DeFi is made accessible, innovative, and user-friendly,” commented Chef Kids, Head Chef of PancakeSwap You may also like: PancakeSwap Reveals No-Code Token Launchpad Platform ‘SpringBoard’ Major decentralized exchange (DEX) PancakeSwap has launched PancakeSwap SpringBoard, described as an all-in-one token launchpad platform for creating and launching tokens, as well as liquidity integration, on the popular DEX.According to the press release shared with Cryptonews, the new platform enables projects, developers, and creators to create and launch their tokens on the BNB Chain PancakeSwap.Notably, the process is fast and requires no coding, the team highlights.Projects... Morph Appoints Colin Goltra as Chief Executive Officer Ethereum Layer 2 Morph today announced the appointment of Colin Goltra as Chief Executive Officer. Colin previously served as Morph’s Chief Growth Officer, leading initiatives across ecosystem growth, strategic partnerships, and user adoption. Per the press release, Goltra will now lead the company “through its next phase of growth and continue advancing its mission to make finance more open, programmable, and onchain.” We’re pleased to announce Colin Goltra @Goltra as the new CEO of Morph. As former CGO, Colin brings deep experience and alignment with Morph’s vision, strategy, and community. He steps into the role to lead Morph’s next phase of growth in onchain consumer finance. Let’s Morph! pic.twitter.com/TaDkITj2Xz — Morph (@MorphLayer) June 3, 2025 The new CEO has more than a decade of experience in Web3 and digital finance. He previously served as Chief Operating Officer at Yield Guild Games and held leadership roles at Binance and Coins.ph . He worked to help the expansion of crypto accessibility across Asia and other emerging markets. Meanwhile, co-founder and former CEO Cecilia Hsueh will continue with the company in an advisory capacity. Also, Morph says that, since launching its mainnet in 2024, it has raised over 20 million dollars in funding from Dragonfly Capital , Pantera Capital , Foresight Ventures , Bitget , and others. You may also like: Azeem Khan on Crypto Donations, Web3, and Launching Morph: Building the Next Gen Blockchain Ecosystem | Ep. 379 In a recent Cryptonews.com interview, Azeem Khan, Co-Founder of Morph, shared insights on his journey in Web3, the rise of crypto donations, and the launch of Morph, an innovative Layer 2 blockchain focused on fostering Web3’s future applications. Here’s a look into how Khan’s philanthropic mindset and deep-rooted blockchain expertise are shaping the industry.Empowering Impact Through Crypto and PhilanthropyKhan’s drive for social good runs deep, rooted in a childhood where he... __________ Bookmark this page and subscribe to our newsletter for the latest crypto news updates! The post What’s Happening in Crypto Today? Daily Crypto News Digest appeared first on Cryptonews .
U.S. markets showed cautious optimism on June 4, with stocks edging higher amid mixed economic signals and persistent investor uncertainty. The ADP report revealed a significant slowdown in private-sector job
Bitcoin scams continue to pose significant risks in the crypto ecosystem, but platforms like Chainabuse and Scamwatch empower victims to report fraud and protect others. These reporting tools enhance transparency
Bloomberg expert makes bold 40% prediction as top Bitcoin ETF holders revealed