BlackRock’s IBIT Bitcoin ETF breaks 34-day streak with $430 million in outflows $BTC #Bitcoin
Yield-bearing stablecoin ETF could be the next wave, offering crypto-originated income that is not purely speculative in its own.
Czech Republic Minister of Justice Pavel Blažek has resigned after reports emerged that the Justice Ministry collected Bitcoin donations from an ex-convict. The ministry announced the donations, stating that they had sold the BTC. According to reports , the ministry had accepted a donation of 480 Bitcoins worth around 1 billion Czech Koruna (over $45 million) from Tomáš Jiřikovský, who previously served four years in prison. Jiřikovský was convicted for operating the darknet platform Sheep Marketplace, where users bought drugs and other illegal items. However, the platform stopped operating in 2013, which many considered an exit scam, as the operators disappeared with users’ money. It was not until 2016 that Jiřikovský would be arrested for the incident with a wallet containing over 1,500 Bitcoins found on his computer, according to authorities. He was eventually sentenced to prison for drug trafficking and embezzlement. Blažek’s decision to accept the donation despite the donor’s checkered history has landed him in hot water. Opposition parties have been especially critical of his actions, with speculations of money laundering since he did not know the origin of the funds. The bad press surrounding the incident appeared to be the major factor in the minister’s resignation. Although he has continued denying any wrongdoing, he said he resigned to prevent a negative impact on Prime Minister Peter Fiala’s coalition government. Interestingly, Blažek is a close ally of Fiala, with the two belonging to the same Civic Democratic Party. With the parliamentary election set to happen in October, there are concerns that the incident could further worsen the chances of the incumbent government , which many have already predicted would lose the election. Blažek defends Bitcoin donations Despite his decision to resign, Blažek has defended the ministry’s acceptance of the funds, noting that it was fully legal and would go towards improving the justice system. He highlighted several ways the ministry would use donations, including digitizing the justice system, improving housing conditions for prison staff, and helping fight drugs. According to him, Jiřikovský likely donated the funds to show remorse. He is reported to have said: “Why should a convicted person not be allowed to give something to the state, for example, as a form of penance?” Unsurprisingly, Prime Minister Fiala said that he believed the Justice Minister had acted in good faith and praised his decision to resign. However, many suggest there might be more to the donation than Blažek claims. According to reports , Jiřikovský has been trying to recover the Bitcoins the government seized from him upon his arrest. Although he claimed that he had obtained them legally, which entitles him to keep them, investigations at the time suggested they might be connected to another darknet marketplace, Nucleus. Nucleus shut down the day Jiřikovský was arrested. Czech authorities are investigating the donation Interestingly, Jiřikovský’s lawyer had reached out to Blažek to negotiate the return of the seized assets with an agreement that one-third of the funds would be donated to the ministry. The minister reportedly agreed. This eventually led to the signing of an agreement and the movement of Bitcoin, which was connected to Nucleus, to another wallet in March after being dormant for almost 10 years. While Blažek insisted that he had no interest in the case, which happened long ago, the circumstances around the incident continue to raise eyebrows. Meanwhile, Czech legal authorities are investigating the Bitcoin donation to determine the source of the funds. Given Jiřikovský’s past, there are concerns that the funds might be part of money laundering from criminal activity. According to reports , the National Headquarters for Combating Organization is investigating the incident, while the Public Prosecutor Office for Olomouc is separately probing whether the minister, as a public official, exceeded his powers. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
Five U.S. states refuse to budge as Coinbase escalates its defense, defying SEC guidance and a dropped federal lawsuit that challenged staking’s status, fueling national controversy. 5 US States Won’t Budge on Coinbase Lawsuits After SEC Drops Staking Case, Releases Guidance Following guidance from the U.S. Securities and Exchange Commission (SEC) Division of Corporation Finance
The Shiba Inu community burned over 1.17 billion SHIB tokens, marking significant progress. Token burns aim to reduce supply and potentially increase value through supply-demand dynamics. Continue Reading: Shiba Inu Community Drastically Burns Over a Billion SHIB Tokens The post Shiba Inu Community Drastically Burns Over a Billion SHIB Tokens appeared first on COINTURK NEWS .
Experiential artist duo Operator is recording performance-based art as NFTs, so that collectors can “own movement as an art object.”
BTC supply hits record low on exchanges. Are long-term holders quietly setting the stage for the next breakout?
Crypto markets are shifting once again as Tron sees an unexpected price climb and Hyperliquid gains momentum with bullish forecasts pushing it toward new highs. Both projects are drawing attention, but the spotlight may be slightly misplaced. Tron is working to move past its historical baggage, and Hyperliquid is thriving on short-term hype. However, neither offers the clarity, infrastructure, or sustained traction currently driving BlockDAG (BDAG) forward. With over $279 million raised, a presale price still locked at $0.0018, and a projected target of $20, BlockDAG is emerging as one of the most strategic moves in the market. This is not just potential, it is progress unfolding in real time. Tron’s Price Climb Draws Interest, but Utility Questions Remain Tron has gained attention after pushing past key resistance and moving above $0.12, prompting talk of a trend reversal. Analysts highlight Tron’s consistent DApp usage, low transaction costs, and stable network metrics as signs that the rally may be supported by real engagement. This has created renewed short-term optimism across trading circles. However, concerns remain over Tron’s lack of innovation. The technology has seen few major updates, and its broader ecosystem still struggles with reputation issues. While traders may benefit from short-term movement, long-term value depends on whether Tron can deliver new functionality and shift the utility narrative meaningfully. Hyperliquid (HYPE) Rallies: Long-Term Picture Is Unclear Hyperliquid recently surged to nearly $38, triggering bullish calls for a continued move toward $45 or more. Backed by visible liquidity and Arthur Hayes’ involvement, the token has gained traction quickly. Traders are watching closely to see if HYPE can replicate the explosive growth of earlier breakout projects. Still, its long-term prospects remain uncertain. The market cap is relatively small, and HYPE has yet to prove long-lasting demand beyond initial hype cycles. Without strong infrastructure or mass user adoption, the project will need to show more than price action to secure lasting credibility in the market. BlockDAG Sets the Standard with Speed, Access, and a $20 Vision BlockDAG is not relying on hype to drive momentum. It is focused on delivering real infrastructure at scale. Built on a hybrid architecture combining blockchain and DAG technology, BlockDAG supports thousands of transactions per second without the congestion issues seen in projects like Tron and HYPE. This foundation is designed for speed, security, and long-term reliability. Beyond performance, BlockDAG is prioritising accessibility for developers. It is fully EVM-compatible, which means Ethereum developers can deploy on BlockDAG with ease. Tools like the Low-Code Smart Contract Builder open up Web3 to non-coders, allowing a broader range of users to build decentralised apps and financial tools without needing a technical background. The project has already raised over $279 million in its ongoing presale, with the price currently locked at $0.0018 until June 13. Despite the significant capital raised, BlockDAG remains early in its pricing curve. With a projected value of $20 by 2027, a $1,000 purchase today secures 555,555 BDAG tokens, which could translate to over $11 million in returns if the forecast is met. This is not a concept in development. BlockDAG is shipping real products, including the X10, X30, and X100 miners. It has 20 centralised exchange listings in motion and a Go Live Reveal set for June 13. While others are still promising, BlockDAG is already building and scaling for real adoption. Final Analysis Tron and HYPE are making headlines, but questions remain about their staying power. Tron’s innovation curve has slowed, and HYPE still needs to prove it can convert attention into lasting utility. In contrast, BlockDAG is building across every layer, from infrastructure to user engagement, with visible progress on-chain and off-chain. With a $0.0018 entry price, over $279 million raised, and a roadmap targeting $20, BlockDAG stands out as one of the few projects combining real execution with massive upside. In a market full of noise, it is the signal that serious early movers are paying attention to. Join BlockDAG Now: Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post While Tron Climbs and HYPE Gains, BlockDAG Targets $20 with 25% Referrals Live and a Record-Breaking $279M Presale! appeared first on TheCoinrise.com .
Toncoin and Solana are sparking new excitement in the altcoin market. With TON eyeing $10 and SOL targeting $250, curiosity mounts: could Ethereum disrupt this momentum with a major move? This analysis delves into the potential surges of these cryptocurrencies and explores whether Ethereum has a big play up its sleeve. Stay tuned for insights into these digital assets. Toncoin: Price Trends and Key Levels Spark Tactical Trading Toncoin has seen a one-month decline of 3.10%, contrasting sharply with its significant six-month drop of 55.17%. A slight gain of 2.92% over the past week suggests potential for a short-term recovery. Recent price fluctuations indicate minor volatility, yet the long-term trend remains downward, causing some hesitance among traders regarding the asset’s long-term outlook. Weekly trading sessions show modest momentum, but the gains are insufficient to reverse the extensive decline noted in the previous months. Technical indicators reveal uncertainty, with the market oscillating between slight optimism and pessimism as participants monitor crucial support and resistance levels. Toncoin currently trades within a range of $2.55 to $3.99, with resistance levels at $4.82 and $6.26, while key support is positioned at $1.94 and a lower support around $0.50. Momentum indicators show mixed signals, with the Awesome Oscillator slightly positive but the Momentum Indicator negative. The Relative Strength Index sits at 47.20, indicating no overbought conditions. Bears have a slight advantage, as moving averages suggest caution, yet the recent uptick could hint at recovery. The price trend is unclear, with sideways movement indicating neither bulls nor bears have clear dominance. Traders should watch these levels for breakout opportunities or declines, utilizing tight stop-loss strategies to navigate this volatile market. Solana Price Analysis: Historical Trends and Key Levels Solana experienced a modest month-long increase of around 5%, while facing a week-long drop of roughly 11%, indicating short-term weakness. Over the past six months, SOL has slid by about 35%, reflecting significant downward pressure during this period. The price behavior shows mixed results with some recovery attempts amid ongoing volatility. The shifts in percentage values suggest an erratic performance where near-term improvements contrast with a prolonged decline. The current trading range for Solana hovers between $109 and $171, with the nearest resistance forming at $195 and clear support at $72. Bears dominate the market, indicated by a negative momentum indicator and an RSI near 40. A slightly positive Awesome Oscillator hints at potential undervaluation. Trading ideas may involve testing support for bounce opportunities or shorting near resistances if price action slows. The current setup suggests caution as traders await clearer signals for recovery or further declines. Ethereum Market Update: Recent Shifts and Key Boundaries Strong monthly gains of 40.42% contrast with a 32.14% decline over the past six months. Price movements have shown significant upswing in the last month, while the half-year trend indicates considerable downward pressure. The one-week change of -0.21% reflects limited reaction after a volatile period. Data shows a market oscillating between short-term strength and longer-term weakness. Indicators suggest brisk monthly movement, yet the asset remains vulnerable to broader bearish tendencies observed over the past half-year. Current ETH prices trade between $1468.66 and $2037.85, with support at $1142.44 and $573.25, while resistance stands at $2280.82 and $2850. Bears and bulls are battling for control as prices approach the first resistance level. Mixed signals from oscillators and momentum readings advise caution. Lack of a clear trend suggests strategic trades within these boundaries. Buyers may find opportunities near support levels, while sellers should monitor for breakdowns below key supports, staying alert to price movements in these defined zones. Conclusion Toncoin and Solana show potential for significant gains. Predictions suggest that TON could reach $10 and SOL might hit $250. Ethereum remains a key player that could make its own significant move. Market watchers are keenly observing these developments. 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.
EGRAG Crypto, a well-known market analyst , has presented a bullish outlook for XRP, citing a consistent technical pattern on its yearly chart. Despite recent price stagnation, EGRAG asserts that XRP is showing signs of a potential major rally driven by strong historical indicators. Currently, the token is trading at approximately $2.19, having declined from a recent high of $2.65 reached on May 12. While short-term volatility has kept the asset consolidating around the $2 level, EGRAG believes the broader picture points toward significant upside potential. Historical Chart Patterns Suggest Bullish Momentum The foundation of EGRAG’s analysis lies in a recurring bullish engulfing candle formation observed on XRP’s yearly chart. A bullish engulfing candle consists of a small bearish candle followed by a larger bullish candle that entirely eclipses the previous one, signaling a possible trend reversal to the upside. #XRP – Candle Number 1⃣3⃣, Price $13 or $22 & The Noise Signal Here are the 3⃣ main themes we can unveil from the 12-month/yearly chart: 1⃣ Candle 1⃣2⃣: The Most Bullish Candle Formation Candle 12 was actually the strongest Bullish Engulfing pattern, the engulfing… pic.twitter.com/h1kqQRmshL — EGRAG CRYPTO (@egragcrypto) May 29, 2025 EGRAG notes that this pattern has been evident in XRP’s price movements since 2017. He highlights the significant example of a modest -0.68% red candle in 2016, followed by a massive green candle in 2017, which led to an exponential increase of over 33,000%. According to the analyst, the continuation of this pattern into 2024, reflected by what he labels “Candle 12,” is a strong technical signal that the trend could repeat. He emphasizes that bullish engulfing formations carry more weight when observed on higher time frames such as the 12-month chart, reinforcing the potential impact of the 2024 signal. Candle 13 and Forecasted Price Levels The analyst points to the current year, 2025, as “Candle 13” in this ongoing pattern series. At the time of analysis, XRP had already recorded a 6.53% gain for the year. Drawing parallels to previous cycles, EGRAG recalls a major price rally in 2021, referred to as “Candle 9”, which saw XRP rise by approximately 800%. If a similar increase were to occur in 2025, the asset could potentially reach $17. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 In addition to candlestick patterns, EGRAG identifies three ascending trendlines on the long-term XRP chart. These lines represent historical levels of support and resistance. The analyst focuses on two resistance lines: Line 1 intersects at $13, and Line 2 at $22. He believes these levels are the most probable targets if the bullish scenario unfolds, suggesting that XRP could rise to either of these values depending on how the market develops. Short-Term Range Considered Market Noise Despite the optimistic long-term forecast, EGRAG cautions against misinterpreting short-term fluctuations as trend-defining moves. He characterizes the current price range between $1.85 and $3.4 as “market noise,” implying it is not a reliable indicator of the asset’s longer-term direction. However, he maintains that a close below $1.85 would invalidate the current bullish setup, while a close above $3.4 would confirm a continuation toward higher targets. EGRAG’s analysis underscores the potential for the asset to break out of its current consolidation phase and move toward double-digit prices. Backed by historical chart patterns and long-term resistance levels, his projection suggests that a rally to $13 or even $22 is plausible, provided XRP maintains its current upward momentum and avoids a close below critical support levels. 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 Here’s the Force that Could Send XRP to $13 to $22 Price appeared first on Times Tabloid .