June 12th presents an exciting time for crypto traders. Three digital coins are grabbing attention: PancakeSwap (CAKE) , Subsquid (SQD) , and a uniquely named newcomer, Fartcoin . These coins are showing potential for significant growth. Dive in to discover why these tokens are worth a closer look. PancakeSwap CAKE: Past Trends and Current Price Levels in Range Trading CAKE showed a modest gain over the last month with a 5.03% price increase, yet over the past six months it faced a notable decline of 27.42%. Price action indicates a recovery phase following extended bearish pressure, with fluctuations contained within a specific range. Recent sessions provided some upward momentum, signaling cautious buying activity. The half-year performance reflects structural headwinds that kept the coin's overall trend subdued, though the short-term stability suggests potential for further movement. The current price of CAKE sits in a defined trading range between $1.83 and $2.86, with resistance at $3.42 and a secondary level at $4.46. Support levels are established at $1.35 and $0.31, which could help shield buyers during downturns. The market appears balanced, with an RSI reading of 55.63 indicating moderate activity from both bulls and bears. There is no decisive trend, as price action oscillates within this range. Traders may consider buying near the lower support or taking short positions near the upper resistance if breakouts fail. A cautious approach, with tight stop-loss orders, is advisable as the market remains sensitive to changes. Subsquid SQD Price Trends Suggest Bullish Momentum Subsquid has shown a modest one-month gain of 1.07% and a striking six-month increase of 373%. A one-week surge of 21.68% added short-term strength to the coin’s performance. Price movements during this time indicate steady gains mixed with periods of rapid growth. The coin’s history over the last month and half-year highlights short bursts of activity alongside a strong long-term buildup, leading to significant appreciation. Recent performance demonstrates an active market where investors are recognizing potential and capitalizing on upward trends. The current price range of Subsquid sits between $0.1917 and $0.2798. The nearest resistance level is at $0.3246, with support near $0.1483. Prices are testing these boundary levels amid a clear battle between buyers and sellers. Bulls appear to be gaining ground as short-term gains rise, yet indicators show near-neutral momentum. The Relative Strength Index close to 62.6 hints at an approaching overbought condition. Traders may look for buying opportunities near support levels and plan exits near resistance thresholds. Moving averages and oscillator recommendations can guide strategies to balance risk and reward in this fluctuating market. Fartcoin Price Fluctuations and Market Levels Overview FARTCOIN experienced a 2.67% decline over the last month paired with a strong 30.11% gain across six months. A notable one-week surge of 42.34% points to an intense burst in short-term activity. Price performance over these periods shows both rapid upward spurts and moderate dips, indicating that Fartcoin has maintained resilience despite short-term corrections. Historical shifts reveal a pattern of volatility with mixed outcomes, suggesting an asset that has bounced back substantially over half a year even as it faced some near-term weakness. Fartcoin currently trades within a range of $0.78 to $1.51, with key levels clearly defined. The closest resistance is positioned at $1.94, and a secondary resistance stands at $2.66, while strong support is observed at $0.49. Recent activity indicates that bulls have pushed prices upward, yet the slight drop over the past month introduces caution. Technical indicators, including a neutral RSI at 57.48 and a modest momentum reading, highlight a market without a clear trend. Trading strategies may focus on buying near the support area and targeting lower resistance, while maintaining tight stops to manage risk. Conclusion PancakeSwap (CAKE) , Subsquid (SQD) , and Fartcoin show great potential for traders. Monitoring these coins can offer insights into market movements. Keeping an eye on CAKE's platform developments, SQD's updates, and Fartcoin's trends could provide trading opportunities. Staying informed about these coins may help make better decisions in the market. 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.
Singapore-based Trident is bucking the Bitcoin reserve trend, instead embracing the Ripple-linked XRP for its treasury.
Crypto markets face intense pressure as long position liquidations surge, with Bitcoin, Ethereum, Dogecoin, and Solana leading losses on Thursday. Over $320 million in long bets were wiped out within
More than 15,000 people have joined the Trump card waitlist since the application site launched last night, Trump said Wednesday on Truth Social, claiming the signup surge represents $75 billion in pledged capital. “FOR FIVE MILLION $DOLLARS, THE TRUMP CARD IS COMING!” he wrote . “More than fifteen thousand have signed up and joined the Waiting List since we opened the site last night!” He called it a “once in a lifetime opportunity” to live in “THE UNITED STATES OF AMERICA, with the largest Economy in the World.” The program’s site collects applicant details like name, email, and country of origin. Applicants must also say if they’re applying for themselves or someone else. The gold-colored Trump card, displayed above the application form, features Trump’s face, the Statue of Liberty, a bald eagle, and his signature. The corners of the card are marked with “5M” or “5,000,000.” Trump links card rollout to House vote on rescissions In a separate post on Truth Social, Trump announced that the House of Representatives was holding a vote on his administration’s first “Rescissions” Bill, describing it as an effort to claw back $9.4 billion in what he called “wasteful Foreign Aid.” “The House of Representatives is NOW voting on my Administration’s first ‘Rescissions’ Bill,” he wrote. Trump claimed the funds targeted include allocations for “Radical DEI”, the Green New SCAM, and the Corporation for Public Broadcasting, which he said funds the “highly biased NPR and PBS.” He added, “For decades, Republicans have promised to cut NPR, but have never done it, until now.” He accused NPR and PBS of being “1000% against the Republican Party.” Trump said the rescissions were part of a broader fiscal agenda, including tariffs, mass deportations, and the “big, beautiful bill”, all aimed at reducing the deficit. “These Rescissions, along with ‘THE ONE, BIG, BEAUTIFUL BILL,’ our highly successful Tariffs, Mass Deportations of Illegal Aliens, and our Strong Economy, will finally CUT the Deficit, and help balance our Budget,” he posted. He urged every Republican lawmaker to vote yes, calling the bill a “NO BRAINER.” Despite the buzz around the Trump card, it remains unclear what exactly the program grants to participants. The Department of Commerce Secretary, Howard Lutnick, told reporters in February that the Trump card would operate as a revised version of the EB-5 visa program, which gives Green Cards to foreigners who invest in U.S. businesses and create or preserve ten full-time jobs for Americans. But no official documents tie the Trump card to that system yet. Lutnick says the Trump card could generate over $1 trillion On April 10, Lutnick said the program was set to launch within ten days, and claimed in a previous interview that 250,000 people were already prepared to apply. “If they’re willing to pay the $5 million, that’s over a trillion dollars that comes directly to – $1,250,000,000,000 just for that line,” he said. He added, “I think these people are going to come enormous ways [sic] because they know they can come into America and they can be in the greatest country on Earth.” Lutnick also said applicants would be vetted, but described them as “great people.” There is still no confirmation that any part of the Trump card has been authorized through existing immigration policy, and there are no published guidelines outlining how vetting or approval will be handled. While the Trump card was rolling out, Republicans also finalized the last changes to the “big, beautiful bill”, a budget measure moving through Congress under the reconciliation process, which allows some spending bills to pass with a simple majority in the Senate. These revisions were required by the Senate parliamentarian, who had previously flagged sections of the package as not meeting the criteria for reconciliation. The parliamentarian acts as the Senate’s rules referee. Her review led to the removal or alteration of certain provisions that didn’t align with budget rules. Those changes allowed the measure to go forward without the standard 60-vote requirement. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
BitcoinWorld Bitcoin Price Plunge: What the BTC Drop Below $107,000 Means The cryptocurrency market felt a familiar jolt recently as the Bitcoin Price experienced a notable decline, pushing the digital asset below the widely watched $107,000 level. This movement has naturally captured the attention of traders, investors, and enthusiasts alike, prompting questions about the market’s direction and the factors influencing this shift. According to monitoring from Bitcoin World, BTC has fallen below $107,000 . Specifically, the report highlighted BTC trading at $106,973.42 on the Binance USDT market at the time of observation. While this specific price point might seem minor in the grand scheme of Bitcoin’s volatile history, breaching a significant psychological or technical level like $107,000 often triggers increased market scrutiny and can influence short-term trading sentiment. Why Did the Bitcoin Price Experience a Drop? Understanding the reasons behind a Bitcoin Price movement is crucial for navigating the volatile crypto landscape. Price drops are rarely attributable to a single factor. Instead, they often result from a confluence of technical indicators, market sentiment, and broader economic or regulatory news. Here are some potential contributing factors: Market Sentiment and Profit-Taking: After periods of upward movement or consolidation, traders may decide to take profits, leading to selling pressure. Negative sentiment, perhaps triggered by unfavorable news or rumors, can also cascade quickly in the interconnected crypto market. Technical Resistance: Price levels can act as technical resistance points. If Bitcoin struggles to break above a certain level, it can lead to a pullback as traders lose confidence in the immediate upward trajectory. The $107,000 level could have represented such a point after a prior move. Macroeconomic Factors: Global economic news, such as inflation data, interest rate changes by central banks, or geopolitical events, can influence investor risk appetite. When traditional markets face uncertainty, investors might reduce exposure to riskier assets like cryptocurrencies. Regulatory News: Announcements or rumors regarding cryptocurrency regulation in major economies can significantly impact prices. Stricter regulations are often perceived negatively by the market. Whale Activity: Large transactions by major holders (‘whales’) can move the market. Significant sell orders can quickly drive the price down, especially during periods of lower liquidity. Analyzing these factors requires staying informed and understanding how different pieces of information can interact to influence price action. What Does This BTC Price Drop Mean for Investors? A BTC Price Drop below a key level presents both challenges and potential opportunities, depending on an investor’s perspective, strategy, and time horizon. Challenges: Increased Volatility: Price drops often increase market volatility, making short-term trading riskier. Emotional Trading: Declines can trigger fear, uncertainty, and doubt (FUD), leading investors to make impulsive decisions like selling at a loss. Uncertainty: It can be difficult to determine if the drop is a temporary correction or the start of a more significant downturn. Potential Opportunities: Buying Opportunity: For long-term investors bullish on Bitcoin’s future, a price dip can be seen as an opportunity to accumulate more BTC at a lower price point. This aligns with strategies like Dollar-Cost Averaging (DCA). Testing Support Levels: Traders can watch how the price reacts to potential support levels below $107,000. A strong bounce from a support level could indicate renewed buying interest. Re-evaluating Strategy: A price drop serves as a good reminder to review one’s investment thesis, risk tolerance, and portfolio allocation. Navigating a price drop requires discipline and a clear strategy, avoiding decisions driven purely by emotion. Navigating the Current Crypto Market News In times of market volatility, staying informed with reliable Crypto Market News is paramount. The digital asset space is dynamic, with constant updates ranging from technological developments and project milestones to regulatory shifts and macroeconomic indicators. However, it’s equally important to filter out the noise and potential misinformation. Here are some actionable insights for consuming crypto news effectively: Verify Sources: Always cross-reference information from multiple reputable news outlets. Be wary of sensational headlines or information shared only on social media without credible backing. Understand the Context: News often has a specific context. A regulatory proposal might sound negative initially but could have nuances or a long implementation timeline. Understand the potential impact in the broader market context. Distinguish News from Opinion: Be clear about whether you are reading a factual report or an analyst’s opinion or prediction. Both can be valuable, but they serve different purposes. Be Mindful of Sentiment: News can heavily influence market sentiment. While tracking sentiment is useful, don’t let it dictate your entire strategy. Base decisions on fundamental research and your own risk assessment. Being a well-informed participant in the crypto market involves more than just knowing the latest price; it requires understanding the underlying drivers and potential future trends. Performing Bitcoin Analysis in Volatile Times When the market is experiencing a BTC Price Drop or significant volatility, performing thorough Bitcoin Analysis becomes even more critical. Analysis can be broadly categorized into fundamental and technical approaches. Fundamental Analysis: This involves looking at the underlying value and factors that could influence Bitcoin’s long-term price. This includes examining network hash rate, transaction volume, adoption rates, regulatory landscape, and macroeconomic environment. While a short-term drop below $107,000 might be a blip, fundamental analysis helps assess if the long-term outlook remains strong. Technical Analysis: This involves studying price charts and using indicators to predict future price movements based on historical data and patterns. Traders might look at support and resistance levels (like the $107,000 level itself, and potential levels below it), moving averages, RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and volume trends. A drop below a key level is a technical signal that prompts analysts to look for the next potential support zone. Combining both fundamental and technical analysis can provide a more holistic view. For example, strong fundamentals might suggest that a technical price dip is a temporary correction rather than a long-term reversal. Getting a BTC Update : Where to Find Reliable Information? Getting a timely and accurate BTC Update is essential for making informed decisions. With the sheer volume of information available, knowing where to look is key. Reliable sources typically include: Reputable Crypto News Websites: Platforms like Bitcoin World, CoinDesk, CoinTelegraph, and others with established track records for reporting facts. Exchanges and Data Aggregators: Platforms like Binance (where the specific price was noted), CoinMarketCap, and CoinGecko provide real-time price data, volume, and market cap information. Official Project Channels: While Bitcoin doesn’t have a central ‘project’, following developers and key contributors on platforms like Twitter or participating in community forums can provide insights into network developments. Regulatory Body Websites: For news on potential regulation, checking the official websites of financial regulators in relevant countries is crucial. Be cautious of sources that promise guaranteed returns or push specific assets without clear, unbiased analysis. Diligent research and critical thinking are your best tools. Actionable Insights for Investors Given the recent BTC Price Drop and market volatility, what steps can investors take? Stay Calm and Avoid Panic Selling: Emotional decisions are often detrimental in volatile markets. Stick to your pre-defined strategy. Review Your Strategy: Revisit your investment goals, risk tolerance, and portfolio allocation. Does the price drop change anything about your long-term conviction in Bitcoin? Consider Dollar-Cost Averaging (DCA): If you are a long-term investor, a dip can be an opportunity to buy smaller amounts at regular intervals, lowering your average purchase price over time. Set Stop-Loss Orders: For traders, using stop-loss orders can help limit potential losses if the price continues to fall. Diversify: While this article focuses on Bitcoin, remember that diversification across different asset classes (not just different cryptocurrencies) can help manage risk. Do Your Own Research (DYOR): Never invest based solely on headlines or social media tips. Conduct your own analysis and understand what you are investing in. Ultimately, navigating market dips is a test of patience and adherence to a well-thought-out plan. Conclusion The recent fall of the Bitcoin Price below the $107,000 mark serves as a stark reminder of the inherent volatility in the cryptocurrency market. While specific price levels are often psychological milestones, the underlying factors driving such movements are what truly matter. This BTC Price Drop highlights the importance of staying informed through reliable Crypto Market News , conducting thorough Bitcoin Analysis , and getting a timely BTC Update from trustworthy sources. For investors, it’s a period that demands careful consideration, adherence to strategy, and a focus on long-term goals rather than short-term price swings. Whether viewed as a challenge or an opportunity, understanding the market dynamics is key to navigating the exciting yet unpredictable world of Bitcoin and cryptocurrencies. To learn more about the latest crypto market trends, explore our articles on key developments shaping Bitcoin price action. This post Bitcoin Price Plunge: What the BTC Drop Below $107,000 Means first appeared on BitcoinWorld and is written by Editorial Team
The post Ripple vs SEC Update: Mutual Request to End Injunction and Release $125M Penalty appeared first on Coinpedia Fintech News The United States Securities and Exchange Commission (SEC) and Ripple Labs filed another motion to U.S. District Court Judge Analisa Toress requesting the dissolution of the existing injunction. According to the court filing dated June 12, 2025, both parties requested the court to order a release of the $125 million penalty from the escrow. The joint motion requested the court to distribute $50 million to the U.S. SEC as a settlement. The filing suggested that the remaining funds in the escrow be directed to Ripple. Last month, the court denied a joint motion by Ripple and the SEC due to lack of supporting evidence. The filing argues that 'exceptional circumstances' — including a settlement, the SEC’s shift in crypto policy, and a desire to avoid further litigation — justify modifying Judge Torres’s final judgment. This follows her May decision, where she denied a similar request for… https://t.co/2pPQBmZFAE — Eleanor Terrett (@EleanorTerrett) June 12, 2025 Impact of Ripple vs SEC Joint Motion on XRP The recent joint motion between Ripple and the SEC did not have an immediate positive impact on XRP price . The large-cap altcoin, with a fully diluted valuation of about $218 billion and a 24 hour average traded volume of around $2.3 billion, had dropped 4 percent to trade about $2.18 on Thursday, during the late North American trading session. In the daily timeframe, XRP price has been forming a potential inverse head and shoulder (H&S) pattern after an impressive bullish breakout during the fourth quarter 2024. With XRP price having consolidated for the first half of 2025, several indicators, including the daily MACD , signal an imminent bullish sentiment in the second half of the year. However, a consistent close below the established support level around $2 will signal more pain for the XRP holders in the subsequent months.
Solana’s SOL futures open interest has surged to a two-year peak above $7.4 billion, signaling heightened institutional engagement amid mixed market signals. Despite this surge, neutral funding rates and a
Key Takeaways: The meeting marks the 50th anniversary of China-EU diplomatic ties, with both sides emphasizing stable financial cooperation. Li Qiang expressed support for deeper ECB engagement, particularly on global monetary reform and multilateral alignment. Lagarde cited the importance of sustained EU-China dialogue amid rising geopolitical risks and trade tensions. Chinese Premier Li Qiang met with European Central Bank (ECB) President Christine Lagarde in Beijing on June 12 to discuss China-EU financial cooperation and the evolving structure of the global monetary system, according to a readout published by the State Council. On her visit to Beijing, President @Lagarde and Pan Gongsheng, Governor of the People’s Bank of China, signed a Memorandum of Understanding (MoU). This updates the previous MoU and includes a framework for the regular exchange and cooperation between the two institutions. — European Central Bank (@ecb) June 11, 2025 The meeting came amid the 50th anniversary of China-EU diplomatic relations. Li said China supports expanding institutional coordination with the ECB, particularly on international monetary reform and multilateral engagement. EU Pushes for Deeper Monetary Coordination According to Li, the Chinese and European economies are highly complementary, and China is willing to enhance market connectivity and industrial coordination to drive mutual development.” Lagarde said sustained dialogue between the EU and China is essential given current geopolitical uncertainty. She welcomed closer technical cooperation between the ECB and Chinese regulators and pointed to the recent launch of a central bank governor dialogue mechanism. Lagarde also stated that China’s innovation-driven development is evident, and the ECB looks forward to deepening engagement with China’s financial institutions. Li referenced China’s recent macroeconomic efforts to stimulate consumption and offset external pressures. He reiterated Beijing’s commitment to opening up its markets and supporting global financial stability. While the conversation did not yield any new policy declarations, both sides framed the discussion as part of a longer-term strategy to stabilize cross-border capital flows and strengthen communication across monetary authorities. Lagarde said tariffs and trade wars were detrimental to all sides, calling for broader cooperation to maintain open markets and safeguard institutional channels instead. China to Strengthen CNY’s Global Position In addition, the meeting touched on the role of bilateral trade in expanding local currency settlement. Li reiterated that China will continue to broaden access to its markets, which could support greater international usage of the yuan. China is also assessing offshore digital currency channels to support cross-border use of the yuan. Recent proposals from JD Group economists include issuing yuan-backed stablecoins in Hong Kong to facilitate trade without affecting domestic capital controls. Through official talks and digital finance pilots, China is testing new ways to expand the yuan’s role in global transactions while managing regulatory boundaries and reducing the reliance on the US dollar. What role could local currency settlement play in EU-Asia trade? Local currency use could reduce dependence on intermediary currencies, lower transaction costs, and improve resilience in financial flows during external shocks. Are discussions on stablecoins or digital currencies directly relevant here? Both sides are studying digital finance tools, and shared priorities in this space could shape how new currency models are integrated globally. How does this meeting relate to broader shifts in international currency usage? With growing interest in local currency settlements and alternative payment systems, central banks are reassessing the infrastructure that supports cross-border value exchange. The post China-ECB Alliance Heralds Bold Yuan Push – Is Dollar Dominance at Risk? appeared first on Cryptonews .
Democratic Senators Elizabeth Warren and Richard Blumenthal issued a letter to Meta CEO Mark Zuckerberg, raising concerns over reports that the tech giant is once again exploring the launch of its own stablecoin. In the letter, the senators warn that Meta’s renewed interest in digital currency, reminiscent of its failed Libra and Diem initiatives, could pose serious risks to financial privacy, economic competition, and national monetary sovereignty. Zuckerberg Pressed on Stablecoin Strategy Citing recent reports that Meta has been in discussions with crypto firms and hired a fintech executive to lead its stablecoin push, the lawmakers argued that any such move, whether through direct issuance or strategic partnership, would allow the company to tighten its grip over payments across its massive 3.5-billion-user ecosystem. The senators express concern that a Meta-backed stablecoin could allow deeper surveillance of user transactions, threaten competition, and expose consumers to systemic financial instability. Drawing parallels with the 2023 depegging of USDC and the subsequent federal backstop, they warn that taxpayers may again be forced to shoulder the consequences of a run on a Meta-linked stablecoin. Beyond financial risk, the letter also outlined the company’s history of privacy violations, antitrust investigations, and failure to safeguard users, especially children, from harm, and argued that such a record makes the company uniquely unfit to manage a private currency system. The timing of the company’s revived stablecoin ambition is also significant, coming as Congress debates the GENIUS Act, which could pave the way for Big Tech to issue digital dollars through lightly regulated affiliates. Warren and Blumenthal question whether Meta is lobbying lawmakers to influence the bill’s language and seek clarification on whether the company is trying to exploit regulatory loopholes to gain a controlling stake in a stablecoin issuer. Meta Faces June 17 Deadline The letter also demands detailed disclosures by June 17, including a list of consulted crypto firms, intended platforms for deployment, and lobbying activity related to the GENIUS and STABLE Acts. The senators have called on the tech company to explain how its current stablecoin plans differ from the Libra and Diem projects and what steps have been taken to address past concerns. In a clear pushback against what they see as a dangerous overreach, the lawmakers ask whether it would support amendments to block Big Tech firms from issuing or controlling stablecoins explicitly. The post Senators Slam Meta’s Stablecoin Push, Cite Privacy Risks and Regulatory Loopholes appeared first on CryptoPotato .
SOL’s futures open interest hits a 2-year high above $7.4 billion, but neutral funding and declining DEX activity cast doubt on a breakout to $200.