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The article discusses Bitcoin's growing status as a mainstream macro asset. Novogratz emphasizes institutional interest and Bitcoin's potential to replace gold. Continue Reading: Bitcoin Surges Forward as a Dominant Asset The post Bitcoin Surges Forward as a Dominant Asset appeared first on COINTURK NEWS .
The U.S. Securities and Exchange Commission (SEC) has officially withdrawn key regulatory proposals targeting decentralized finance (DeFi) platforms and crypto custody rules introduced during Gary Gensler’s tenure. This move signals
Cardano (ADA) and Dogecoin (DOGE) are holding strong while Mutuum Finance (MUTM) steals the spotlight in June. Cardano is currently trading around $0.69, buoyed by steady network upgrades and resilient developer activity that support its long-term growth narrative. Similarly, DOGE sits at approximately $0.19, with its iconic community and growing use cases maintaining its standing among the top cryptocurrencies. Both tokens offer established potential, yet the real excitement in what crypto to invest in is shifting to Mutuum Finance (MUTM), a fresh DeFi entry under $0.03 that’s building serious presale traction and promising significant upside before the market’s next leg up. The project has gained more than 11,900 investors who have contributed $10.45 million during the ongoing presale. Investors taking part in the Mutuum Finance Phase 5 presale will see a 100% ROI when it launches at $0.06. MUTM in hopes of catching the next big cryptocurrency before it explodes. Reimagining DeFi Lending with a Powerful Dual-Model System The non-custodial liquidity protocol of Mutuum Finance delivers decentralized lending which grants users absolute control of their assets. Through lending activities users accumulate passive earnings from lenders and borrowers instantly access funds by placing multiple assets above their loan value. The automatic interest rate adjustments of the system optimize capital structure and sustainability for the ecosystem. Mutuum Finance operates a dual-lending framework that delivers exceptional flexibility to users which features Peer-to-Contract (P2C) and Peer-to-Peer (P2P). The Peer-to-Contract (P2C) system enables smart contracts to regulate lending pools that shift interest rates in harmony with market conditions. Lenders can depend on regular income, while borrowers find safe options when they borrow money. The P2P approach takes out middlemen by enabling direct communication between borrowing parties and lending participants. Any asset with volatility needs this complete decentralized model which provides maximum flexibility to users. Phase 5 of Mutuum Finance Presale Now Underway The fifth phase of Mutuum Finance presale has started as the platform attracts increasing investor interest. The DeFi solution provided by Mutuum Finance operates as a scalable long-term solution instead of risky meme coins. Investor confidence remains high since Phase 5 of the presale has surpassed $10.45 million total sales and attracted more than 11,900 token holders. Certified Secure: USD-Pegged Stablecoin Validated by CertiK Mutuum Finance will launch its fully collateralized, USD-pegged stablecoin on the Ethereum blockchain. Built to survive the collapses of algorithmic models, the stablecoin’s robust construction enables long-term stability and price consistency. Early Investors Reap Rewards as Community Expands As the platform gains traction, Mutuum Finance continues to reward its early backers. Ten lucky investors will be selected to share a $100,000 giveaway prize, each receiving $10,000 worth of MUTM tokens as a thank-you for supporting the project early on. Mutuum Finance (MUTM) is quickly emerging as the most compelling contender in the race to $3, outpacing legacy players like Cardano (ADA) at $0.69 and Dogecoin (DOGE) at $0.19. With over 11,900 investors and $10.45 million raised in its ongoing presale, MUTM is capturing serious momentum. Early investors in Phase 5 stand to gain a 100% ROI at launch, when the token debuts at $0.06. Backed by a dual lending system, a USD-pegged stablecoin validated by CertiK, and a rapidly growing community, Mutuum Finance is positioning itself as a future cornerstone of DeFi. Don’t miss your chance to get in early, join the Mutuum Finance presale today and secure your share of the next potential breakout in crypto. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
WBT, the utility token of the crypto exchange WhiteBIT, emerged as the top-performing coin today, defying the broader bearish market trend triggered by Israel’s attack on Iran earlier today. According to data from crypto.news, WhiteBIT Coin ( WBT ) rallied for the third straight day, hitting a new all-time high of $34.3 on June 13 afternoon Asian time. As of press time, its price has settled at $33.67 with a market cap of $4.85 billion, ranking it as the 33rd among the top 100 cryptocurrencies by market cap. WBT retained some of its past day gains as the broader crypto market was reeling from Israel’s launch of a major military attack against Iran early morning on June 13, in response to which Iran has promised to take retaliatory measures of its own. Bitcoin ( BTC ) dropped about 5% to an intraday low of $103,081, while major altcoins like Ethereum ( ETH ), XRP ( XRP ), Solana ( SOL ), and Dogecoin ( DO G E ) saw losses between 6%-10%, with crypto liquidations soaring 125% to $1.2 billion in a day. You might also like: Tencent reopens talks to acquire South Korea’s Nexon, a game developer exploring blockchain Why is WBT rallying? One key factor driving WBT’s gains today is its announcement of a spot listing for the HOME token, which powers the DeFi App platform, while also adding a HOME-PERP pair to its futures section, drawing in more traders and boosting volume. WBT also gained investor interest as the exchange teased an upcoming partnership with an undisclosed European football club. On-chain activity further supports the bullish sentiment. Data shows a 580% spike in daily active addresses, a strong sign that more users are interacting with the WhiteBIT ecosystem. Meanwhile, Santiment reported a notable increase in whale accumulation, indicating that large holders are buying up WBT. This kind of activity often signals confidence in the token’s longer-term potential and can amplify price momentum during bullish phases . Source: Santiment At press time, WBT had shed some of its gains but still managed to retain its position as the highest gainer among the top 100 cryptocurrencies, with bullish momentum continuing to outweigh broader market selling pressure. WBT price analysis On the 1-day USDT chart, WBT looks to have been forming an ascending broadening wedge pattern since early May, typically a sign of increasing volatility within an uptrend. WBT price, MACD and Aroon chart — June 13 | Source: crypto.news The Aroon Up indicator is currently at 92.86%, while Aroon Down is at 28.57%, showing that bullish momentum is still in play. The MACD lines are also pointing upward, adding to the positive sentiment. If this momentum holds, WBT could climb toward the key psychological level of $35. A clear breakout above that would confirm the bullish pattern and may encourage bulls to aim for $38 next, marking a 13% gain from current prices. On the contrary, if market risk sentiment weakens due to escalating macro tensions, the nearest support level to watch would be around $31, where traders previously stepped in to buy the dip. Read more: Behind the scenes at WhiteBIT’s epic live crypto trading showdown Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Pudgy Penguins has partnered with Lufthansa’s Miles & More program, letting users earn airline miles on Pudgy Shop purchases using PENGU or fiat just as PENGU price tests a key confluence zone. Pudgy Penguins ( PENGU ) has announced a partnership with Lufthansa ’s Miles & More, Europe’s largest frequent flyer program, to offer new utility to its The Huddle, the Pudgy Penguins community. The collaboration enables users to earn airline miles through purchases made on the Pudgy Shop using either PENGU or fiat. The earned miles can then be redeemed with over 300 Miles & More partners for flights, travel experiences, and other rewards. Source: @pudgypenguins To begin earning, users need to register for a Miles & More account, create an account on the Pudgy Penguins shop, and link both accounts using the dedicated pop-up on the Pudgy Shop. Once linked, every transaction made through the store contributes to their miles balance. You might also like: Pudgy Penguins partners with NASCAR to reach new audience The announcement comes at a pivotal moment for PENGU price, which is currently trading at a make-or-break level, testing a key confluence zone marked by both the ascending trendline and a horizontal support range around $0.0090–0.0093. This area has previously acted as resistance and now aligns with the rising trendline that has supported the uptrend since early April, making it a technically significant level. Source: TradingView The price recently broke below the 20 EMA and is now sitting just above the trendline, with the 50 SMA also looming above as overhead resistance. The RSI is near 40, while the MACD has confirmed a bearish crossover, with histogram bars widening — both pointing to building downward pressure. However, because the price is at the confluence of two major supports, there’s a reasonable chance for a bounce if buyers step in here. If PENGU price bounces from the current confluence zone, the next major level to watch beyond the 20 EMA and 50 SMA is the recent swing high around $0.013. A breakout above $0.013 would confirm a higher high, signaling a possible continuation of the broader uptrend. If the support breaks, the price could drop to $0.0075 next, which acted as resistance during March consolidation. You might also like: Pudgy Penguins launches music label as PENGU price eyes a breakout
Coinbase, which made important announcements at the 2025 State of Crypto Summit event, announced that it will launch a new credit card called Coinbase One Card this fall. Developed with the American Express infrastructure, this card will offer up to 4% Bitcoin cashback on every purchase. Coinbase also shared that it plans to launch perpetual futures products in the U.S. market. The company is taking another step toward integrating decentralized exchanges (DEXs) on the Base network into its main app, providing on-chain access to millions of assets. In other news, e-commerce giant Shopify announced a partnership with Coinbase and payments infrastructure company Stripe to make it easier for Shopify merchants to accept payments in Circle’s stablecoin USDC. Related News: Little-Known Altcoin Experiences Unbelievable 21,362% Rise in Last Two Days – Scam Suspected “Consumers will be able to pay with the cryptocurrency wallet of their choice, USDC, on the Base network,” Stripe said in a statement. Stripe noted that merchants will be able to receive payments in their local currency by default and that these amounts will be deposited into their bank accounts like any other payments. Stripe’s new service will be available to merchants in 34 countries who sell through Shopify. “Stripe has long taken care of the heavy lifting of payment processing for us. Now they’re making it easy for stablecoin payments,” said Kaz Nejatian, Shopify COO and VP of Product. *This is not investment advice. Continue Reading: Coinbase Makes Important Announcements at This Year’s Critical Cryptocurrency Summit
The shares of the first Ethereum treasury company have suddenly collapsed by 70% amid dilution concerns
Trident Digital Tech Holdings Ltd. announces a bold $500 million plan to acquire XRP tokens, aiming to establish one of the first large-scale corporate XRP treasuries globally. The Singapore-based firm
The post Crypto Liquidations: $1.14 Billion Wiped Out as Market Faces Double Attack? appeared first on Coinpedia Fintech News The crypto market today has witnessed a steep fall. The prime reason for this is the war tensions between Israel and Iran. The dispute escalated again as Israel launched an air strike on Iran’s nuclear facilities on June 13. Moreover, the U.S. Federal Reserve’s latest inflation report refused hopes for any interest rate cuts in June. This dual pressure from geopolitics and monetary policy has sent shockwaves through the market, leading to over $1.14 billion in liquidations. As crypto traders took the brunt, many sought refuge in safer assets like gold, with PAX Gold and Tether Gold among the rare green tokens in a sea of red. $1.14 Billion Worth Liquidation Hits Traders In the past 24 hours, 246,590 traders have been liquidated, which highlights a severe slash across the derivatives market. The total liquidations as of press time have spiked to $1.14 billion, emphasizing the intense volatility triggered by the external factors. Source: CoinGlass The single largest liquidation was registered on Binance’s BTC/USDT pair, wiping out a jaw-dropping $201.31 million in one go. Binance accounted for the largest share overall, registering $455.60M, Bybit followed next with $370.83M, and OKX with $125.58M. Bitcoin and Ethereum took the major brunt among cryptocurrencies, with $443.77M and $289.96M, respectively, in liquidation volume. Other altcoins, such as SOL, saw $51.95M, and DOGE took $25.61M in liquidations. Source: CoinGlass Where Is the Crypto Market Heading? At the time of press, the total market cap of the industry stands at $3.37 trillion, down 2.51%, while 24-hour trading volume is down 4.77% at $129.97 billion. The Fear & Greed Index remains at a greed-driven score of 61, which is expected to come lower as the day passes. Bitcoin presently trades 3.12% lower at $104,437.94, while Ethereum has taken a bigger hit, down 8.85% at $2,517.03. Major altcoins also faced pressure, with XRP at a 5.47% loss to $2.12 and SOL down 9.74% to $144.33. With BTC dominance at 63.2% and ETH at 9.8%, the market remains heavily reliant on Bitcoin’s resilience. However, unless geopolitical risks settle and macroeconomic stability returns, further downside could be in store. 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Rising war tensions between Israel and Iran, along with inflation data from the Fed, triggered panic selling and long liquidations across exchanges. Which exchanges and tokens were most affected? Binance and Bybit saw the largest exchange-based liquidations, while Bitcoin and Ethereum led token-wise liquidations with $443.77M and $289.96M, respectively. Are there any safe havens in this market crash? Yes, gold-backed tokens like PAX Gold and Tether Gold gained traction as investors sought safety amidst global uncertainties.