While Michael Saylor’s Bitcoin playbook is the talk of Wall Street, another U.S.-listed company, Know Labs, is set to join the growing list of publicly traded Bitcoin treasury companies. Former Ripple chief risk officer Greg Kidd is set to acquire Know Labs Inc., a medical device company that offers non-invasive health monitoring solutions, and adopt a Bitcoin ( BTC ) treasury strategy. Know Labs announced the news on June 6, stating that Goldeneye 1995 LLC, an affiliate of Greg Kidd, has agreed to acquire a majority stake. Once the deal closes, the former Ripple executive will become the new chief executive officer and chairman of Know Labs. The acquisition will be completed using a mix of Bitcoin and cash, with Know Labs deploying Goldeneye’s 1,000 BTC payment as part of its treasury strategy. Investors in the company will gain “significant economic exposure to this highly attractive digital asset,” Know Labs wrote in a press release. You might also like: Trump Media files Form S-3 with U.S. SEC over $2.3B raise for Bitcoin treasury Know Labs is Greg Kidd’s latest crypto-related venture. The co-founder and CEO of venture capital firm Hard Yaka has backed several crypto companies, including Ripple, Coinbase, Robinhood, Uphold, and Solana. He previously served in the Federal Reserve’s payments division. His move to take a Bitcoin strategy approach may be inspired by Michael Saylor’s Strategy , formerly MicroStrategy, which has amassed a massive haul of BTC since first buying the asset in August 2020.. “I’m thrilled to deploy a Bitcoin treasury strategy with the support of a forward-looking organization like Know Labs at a time when market and regulatory conditions are particularly favorable,” Kidd said. Know Labs’ Bitcoin holdings will account for 82% of its $128 million market cap once the BTC is added to the balance sheet. This will give the company a net asset value multiple of 1.22x, based on a BTC price of $105,000 at closing. Know Labs expects the transaction to close in Q3 2025, subject to shareholder approval and the finalization of customary closing conditions. You might also like: Michael Saylor boasts Strategy’s ‘indestructible balance sheet’
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With Bitcoin soaring past $100k and altcoins gaining ground, projects like Pi Network, XRP, and Solana are in the spotlight, while Fanshash cloud mining draws attention. Table of Contents What is Fanshash cloud mining? Is it safe? Why choose Fanshash cloud mining? Key benefits Fanshash mining models and earnings Why FansHash cloud mining is the leading choice How to get started with FansHash About Fanshash With Bitcoin’s price breaking through $100,000, the digital asset market has been rejuvenated, creating ideal conditions for altcoin growth. Pi Network, XRP , and Solana are three standout projects that have attracted investor attention with their unique technical propositions and upcoming catalysts that could drive significant price increases. As the ecosystem accelerates, Pi Network (PI) continues to be hotly discussed. The project’s mobile-first mining model has attracted more than 47 million users worldwide, creating one of the largest organic communities in the cryptocurrency space. As the mainnet migration progresses, analysts believe that investing in the Fans Hash cloud mining project is now the most stable and profitable option. What is Fanshash cloud mining? Is it safe? Founded in 2003, Fanshash offers a simple and intuitive platform designed to cater to both experienced and novice miners. Its ease of use has helped it rapidly grow its global membership to over 13 million users. The company is regulated by the FCA (Financial Conduct Authority) and operates under the supervision of the LSE (London Securities and Exchange Commission) and ASIC (Australian Securities and Investments Commission). The FCA ensures fair treatment for consumers in financial services, companies, and markets, providing users with a secure and reliable mining environment. Why choose Fanshash cloud mining? Key benefits Fanshash’s cloud mining platform offers a seamless way to earn high returns with minimal effort. Here’s what sets the platform apart: Zero setup, zero stress – Mine effortlessly. Affordable entry – Start small, earn big. Green energy powered – Sustainable and efficient. Cost-effective – No hidden fees or hardware headaches. Multi-currency support – Freedom to choose. Fanshash mining models and earnings Fanshash offers a variety of mining contracts to suit different investment levels and preferences. Here’s a breakdown of the latest models and their potential returns: Why FansHash cloud mining is the leading choice Bitcoin halving has led to a reduction in mining rewards, and cloud mining provides a smarter choice. FansHash’s advantages include: Zero hardware cost – There’s no need to buy expensive mining machines, users can rent computing power. Mining with renewable energy – Lower costs mean higher profits. Flexible contracts – Users can earn income in BTC, ETH or stablecoins. Upcoming benefits – New users can enjoy $500 free mining rewards (limited time and limited quantity). How to get started with FansHash 1️. Sign up – Register on the FansHash platform 2️. Get $500 bonus for free – Use it to activate a free mining contract. 3️. Earn daily rewards – All currencies are supported and can be withdrawn to users’ own wallet. Interested mining enthusiasts can click here to claim their $500 reward . About Fanshash Fanshash is a UK-based company specializing in network encryption technology services. Regulated by the UK Financial Conduct Authority (FCA), the platform adheres to strict legal and ethical standards. Since its launch, Fanshash has gained the trust of millions of users worldwide. To participate in the Fanshash cloud mining project, visit the official website . Read more: Bitcoin mining can power the US, if regulators prioritize it | Opinion Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
A recent $31 million Bitcoin donation to Ross Ulbricht has been traced back to illicit origins linked to the dark web marketplace AlphaBay. Blockchain analytics reveal the funds likely originated
The crypto market retreated after Thursday’s trading session, with Bitcoin falling to a low of $100,470, marking its lowest point since May 8 and 10% below its highest level this year. Below are three reasons why the crypto market was trading lower. 1. Profit taking Bitcoin ( BTC ) and most altcoins pulled back due to profit-taking among investors after the recent rally. BTC had climbed roughly 50% from its April low to its May high. Similarly, Ethereum jumped 100% from its April lows to the highest point in May. Many smaller coins, including Dogwifhat and Fartcoin, were up over 300%. It is common for cryptocurrencies to retreat after a strong surge. Ryan Lee, Chief Analyst at Bitget Research, said in a Thursday note to crypto.news: “After a period of notable gains, many investors are locking in profits, which has triggered short-term sell-offs. This behavior is not unusual in bull cycles, where sharp rallies often lead to a wave of corrections as traders seek to de-risk their portfolios.” Uncertainty on Federal Reserve policy Cryptocurrencies also declined amid growing uncertainty about when the Federal Reserve will start cutting interest rates. Fed Chair Jerome Powell and other officials have indicated they are not in a rush to cut rates, contrary to suggestions from President Trump. Instead, they are monitoring the effects of tariffs on inflation and the labor market. Data released on Friday showed that the economy added 139,000 jobs in May, while the unemployment rate remained unchanged at 4.2% The U.S. will release updated inflation data on Wednesday next week. If inflation comes in higher than expected, it could signal that the Fed will hold rates higher for longer, pressuring crypto prices. Conversely, a lower-than-expected inflation figure would raise the odds of the Fed cutting rates sooner than anticipated. You might also like: Circle stock price pump gains steam, but a crash may follow Geopolitical uncertainty Bitcoin and altcoins have also dropped due to ongoing geopolitical tensions involving the United States. The Trump administration recently announced export curbs on key technologies to China. In response, China has withheld the supply of rare earth elements used in multiple industries. While Xi Jinping and Trump spoke on Thursday, signs suggest that these trade tensions will persist. Cryptocurrencies and equities typically perform better when geopolitical tensions are minimal. For instance, both markets rallied in May as tensions eased ahead of and following the U.S.-China meeting in Switzerland. Bitcoin price signals recovery BTC price chart | Source: crypto.news Technical indicators suggest that Bitcoin may be poised for a rebound, potentially reaching a new all-time high. The daily chart shows that BTC found support at the 50-day moving average and is beginning to form a bullish engulfing pattern. It’s also shaping the handle portion of a cup-and-handle pattern—a popular bullish continuation setup. The upper boundary is around $109,300, while the lower boundary sits near $74,387, giving the formation a depth of nearly $35,000. Adding that depth to the upper edge projects a potential target of $144,000. Most altcoins are likely to rebound if this plays out. You might also like: Musk dragging Trump into the Epstein files has nothing to do with the crypto market — and everything to do with it
In a recent post that has stirred conversation across the XRP community, renowned crypto analyst and XRP advocate Amonyx issued a bold statement about XRP’s future . The remark, posted on X, echoes a growing sentiment among long-time XRP holders who believe the digital asset is on the cusp of a significant and sudden breakout , one that could catch the wider market off guard. Amonyx’s Bold Confidence in XRP Amonyx is no stranger to the XRP ecosystem. Known for his unwavering support for the digital asset and in-depth commentary on Ripple’s long-term strategy, he has amassed a following that values both his optimism and technical insight. His latest declaration isn’t merely hyperbole; it reflects a belief shared by many XRP proponents—that the token is heavily undervalued relative to its utility and pending regulatory clarity. In his words, “XRP won’t warn you before it explodes. You’ll just watch” The phrase “you’ll just watch” underscores the conviction that when XRP’s next major move comes, it will be too late for those sitting on the sidelines to react. Amonyx’s post has added fresh fuel to a longstanding narrative: XRP’s moment will arrive not gradually, but explosively, and those unprepared will miss the opportunity entirely. Legal Clarity and Market Anticipation A significant factor underpinning this belief is the evolving regulatory landscape surrounding XRP. Although the SEC-Ripple case has dragged on for over four years, the broader community anticipates a full resolution soon. Ripple itself has remained defiant and resolute, continuing to expand its operations and form strategic partnerships with central banks, financial institutions , and payment corridors around the globe. The sentiment from analysts like Amonyx stems from this legal momentum: once the SEC matter is fully resolved, XRP could reprice dramatically, fueled by pent-up demand and institutional interest. Growing Institutional Use and Ripple’s Strategic Push Beyond courtroom battles, Ripple, the fintech company behind XRP, has continued laying the foundation for global adoption. Its On-Demand Liquidity (ODL) solution, which utilizes XRP as a bridge currency, is already being deployed in over 70 countries. Moreover, Ripple’s strong presence in emerging financial hubs, including the Middle East, Southeast Asia, and Latin America, highlights the growing use cases for XRP in cross-border settlements. As these corridors expand and regulatory clarity solidifies, XRP’s real-world utility is likely to become more apparent, possibly triggering the kind of explosive movement Amonyx foresees. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Market Sentiment and the Psychology of the “Explosion” The idea that XRP will “explode” without warning is not only about fundamentals; it taps into market psychology. Crypto history is replete with examples of assets that moved dramatically within short windows, leaving many traders behind. Bitcoin’s multiple parabolic runs, Ethereum’s breakout in 2020, and Solana’s rapid ascent in 2021 are all reminders that market cycles often reward conviction and long-term positioning. In XRP’s case, the argument is compounded by years of legal delays and underperformance compared to other top altcoins. As a result, many analysts believe that the token’s price action is lagging its actual progress. This divergence creates an environment ripe for a sudden correction, one that realigns price with value swiftly and dramatically. Amonyx’s post serves as both a rallying cry to believers and a caution to skeptics. XRP, he argues, won’t telegraph its breakout. There will be no sirens or red carpets. When it moves, it will move decisively, and many will find themselves scrambling to catch up . 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 XRP Proponent: XRP Won’t Warn You Before It Explodes. You’ll Just Watch appeared first on Times Tabloid .
The cryptocurrency market experienced a massive liquidation wave over the past 24 hours, with more than 223,300 investors liquidating their positions, totaling over $980.9 million. Near $1 Billion Daily Liquidation in Crypto Market: Overly Leveraged Long Positions Rattled by Macro Concerns According to data shared by Coinglass, these liquidations were largely caused by over-leveraged long positions. According to experts, since the disclosed data only includes publicly available data, the actual amount of liquidation is probably higher than this figure. Kronos Research CIO Vincent Liu evaluated this sharp decline as follows: “The $980 million liquidation event was a perfect storm of Trump-Musk tensions, macroeconomic fears about tariffs, and an overleveraged market. The inherent fragility in crypto markets caused automated liquidations to quickly turn into a chain reaction, turning a sentiment-based pullback into a flash market crash.” While $876.2 million of the total liquidation came from long positions, the cryptocurrency most affected was Bitcoin. On the BTC side, $341.7 million worth of liquidation occurred. Approximately 90% of this amount originated from long positions. Ether (ETH) came in second with $285.6 million in liquidation. Solana (SOL), XRP, and Dogecoin (DOGE) were among the other major altcoins where significant positions were liquidated. According to Vincent Liu, the sharp declines in BTC and ETH caused excessive optimism in the market to work against investors: “Investors who used excessive leverage were caught off guard by the sharp corrections in Bitcoin and Ether, which led to bullish sentiment accelerating the market crash.” Trump-Musk Conflict and Macro Developments Were Effective Cryptocurrency prices have gained momentum in recent weeks, allowing Bitcoin to reach an all-time high of $111,800. However, the correction process that followed this peak accelerated after the social media debate between US President Donald Trump and Elon Musk. Markets have been on edge after Musk’s harsh criticism of Trump’s tax and spending bill, calling it a “disgusting disgrace.” Bitcoin briefly fell below $100,000, its lowest level since early May, but has recovered to $103,333 by press time. Nick Ruck, Director of LVRG Research, commented on the background of the decline as follows: “Bitcoin’s price had been hovering around support levels since its peak two weeks ago. Investors were nervous about possible corrections. The dispute between Trump and Musk triggered widespread liquidations, raising concerns about potential mutual sanctions.” Investors are now looking ahead to U.S. employment data and consumer price index (CPI) data due June 11. These data could be important catalysts for the next big price move, Kronos CIO Liu said. *This is not investment advice. Continue Reading: Donald Trump-Elon Musk Debate Hits Cryptocurrency Markets Too! Millions of Dollars Became Liquid! Here Are the Details
Binance Wallet has announced the launch of a BSC Trading Competition on its Binance Alpha platform, targeting traders of select tokens including LA, RDO, RWA, BDXN, ELDE, and TGT. This
XRP’s current price action is drawing strong parallels to its 2017 consolidation phase, signaling a potential major breakout in the near future. Market analysts note that XRP has been trading
Shiba Inu to add one zero? Worst case scenario playing out
Bitcoin made a new all-time high of $111,970.17, exactly 13 days ago, and since then it has formed a clear ranging price action. Bulls are aiming for another all-time high, while bears are hoping that price can retrace below the $100k level and beyond. Let’s find out which scenario is more probable in this BTC price prediction. Table of Contents What is Bitcoin? Bitcoin short-term price prediction Bitcoin coin price prediction: short-term outlook BTC price factors for June 2025 Currently ranked at the 1st position with a market cap of $2.1 trillion, Bitcoin ( BTC ) has enjoyed a decent bull run so far with prices reaching $111,970.17, two weeks ago, which also marked its all-time high. Since then the token has seen a 6.45% drop in prices and is currently trading at $104,743, and still in an uptrend on all major HTF timeframes. BTC 1d chart | Source: crypto.news In this article, we’ll discuss the BTC price prediction by giving you its short and price forecasts, and specifically focus on Bitcoin price prediction in June 2025. What is Bitcoin? An individual or group of individuals going by the pseudonym Satoshi Nakamoto first detailed the decentralized cryptocurrency known as Bitcoin in a whitepaper published in 2008. It was introduced shortly thereafter, in January 2009. Being a peer-to-peer internet currency, BTC eliminates the need for an intermediary to approve or facilitate transactions by allowing them to occur directly between equal, independent network participants. As Nakamoto himself stated, the purpose of BTC was to enable “online payments to be sent directly from one party to another without going through a financial institution.” BTC is the first cryptocurrency to be used in practice, while there have been other ideas for a similar kind of decentralized electronic currency before it. Now let’s discuss BTC price prediction in June 2025 both from a technical point of view and also look into some fundamental factors that could affect the price as well. You might also like: Trump-linked media platform Truth Social files for spot Bitcoin ETF Bitcoin short-term price prediction What can be a realistic projection for the BTC token? Let’s analyze this token for a short term outlook and then discuss Bitcoin price prediction in June 2025. Bitcoin coin price prediction: short-term outlook According to CoinCodex’s BTC price prediction for the near future, the token is projected to rise by 12.31% and reach $118,641 by July 4, 2025. Analysts on X believe BTC’s bull run is far from over with extended targets reaching well over $120,000. The same questions all over again on the way up Only fools believe that bullrun is over already.. pic.twitter.com/EJqAQaYy1e — Follow Doctor Profit 🇨🇭 (@DrProfitBTC_) June 3, 2025 Meanwhile other analysts are of the opinion that if BTC has one last push left then the bear trend will start. $BTC – #Bitcoin one last push before the bear. pic.twitter.com/dEVLYFvLsv — Crypto Fella (@CryptoFellaTx) June 3, 2025 BTC price factors for June 2025 As of June 2025, the larger economic environment—particularly the current geopolitical tensions—continues to have a significant impact on the dynamics of the Bitcoin market. The protracted conflict between Russia and Ukraine has caused uncertainty in international markets for years. Decentralized assets like BTC, which some view as a hedge against the economic instability brought on by wars and geopolitical unrest, have become more popular as a result of this circumstance. Markets have also been tense due to trade concerns between major economies including the US and China as well as the uncertainties surrounding tariffs. The general volatility in conventional markets frequently increases BTC’s appeal as an alternative investment, even though recent pauses in the escalation of tariffs between these two countries have generated short-term optimism. Concerns about inflation continue to influence global monetary policy on the macroeconomic level. In an effort to find a balance between containing inflation and promoting economic growth, central banks—including the US Federal Reserve—have been more cautious when it comes to raising interest rates. BTC’s function as a store of value is becoming more and more alluring to investors wishing to protect their investment as inflation continues to be a major worry. However, the asset class is maturing as a result of significant institutional usage of BTC, as demonstrated by Bitcoin ETFs and incorporation into payment systems, as well as increased regulatory clarity. But given the ongoing turbulence in both the conventional and cryptocurrency markets, it appears that BTC’s future is still dependent on the more uncertain global economic landscape. Immediate Support and Resistance Levels Key resistance level for BTC is the 107k level, while its key support is around the 100k level. The break of either of these levels can spark a trend shift in either direction as shown by the charts below. BTC 1D chart – Source: Tradingview A break of 100k support can take BTC to its next nearest support of 96k-92k level. BTC 2h chart – Source: Tradingview A break of 107k resistance can take BTC to its all-time high around $112k and beyond. You might also like: California lawmakers approve bill allowing crypto payments for state services Is Bitcoin a good investment? Before investing in any cryptocurrency including BTC, please identify and understand the inherent risks that can come due to market volatility. Also, it should be noted that the sentiment in the cryptocurrency market changes quickly, and a price point that was once considered a very strong support or resistance may become invalid in a very short time. Hence it is advisable to do your research on the price action before having any price expectations for the future of the BTC token. Will Bitcoin go up or down? Cryptocurrencies in general experience rapid price swings that are directly driven by market sentiments, community engagement, events like token burns, and so on. While it is hard to determine how high the BTC token will go, it is important to look out for potential buying factors that may include new integrations in new world companies, increased token holders, and so on. It is also vital that you rely on financial experts and consult them for BTC price prediction, but even after all that, you should remain cautious as no one can accurately predict how high or low BTC can go. Should I invest in Bitcoin? Before investing in any cryptocurrency or trusting any BTC price forecast, please identify and understand the inherent risks that can come due to market volatility. Also, it should be noted that cryptocurrencies in general are a highly speculative investment and their success not only relies on market volatility but also on the constant and sustainable growth of its community. Hence it is advisable to do your research on the token’s fundamentals which may very well decide the future of the BTC token. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.