President Donald Trump announced a 24-hour phased ceasefire between Israel and Iran, marking the official end of the 12-day conflict and triggering significant market reactions. Bitcoin surged above $105,000 after
Bitcoin ETFs closed the week with an impressive $1.02 billion net inflow, extending their bullish streak, while ether ETFs notched their sixth straight week of inflows, adding $40.24 million. Crypto ETFs Stay Green: Bitcoin and Ether ETFs Record Solid Weekly Inflows Amid Market Confidence The crypto exchange-traded fund (ETF) market wrapped up the third week
A crypto analyst who accurately forecasted the Ethereum price decline from $2,800 has reaffirmed the bearish breakdown, projecting fresh rallies on the horizon. While the cryptocurrency navigates this downtrend, the market expert highlights ETH’s significant upside potential and encourages traders to consider dip-buy opportunities. Expect An Ethereum Price Rally Next Following his recent prediction of a major dump in the Ethereum price , market expert Crypto Patel took to X (formerly Twitter) to share insights on the second-largest cryptocurrency’s next move. According to the analyst, the pullback had seen Ethereum cleanly rejected from the resistance trendline, confirming a loss of the $2,500 support level . Crypto Patel had previously called for a short at the top, which the market followed through with a 22% crash, dragging ETH to the $2,200 zone. This breach of channel support marked a decisive win for the bears , invalidating Ethereum’s mid-term bullish structure and shifting sentiment sharply downward . Presenting a chart, Crypto Patel reveals that the Ethereum price was hovering at the 0.5 Fibonacci Retracement level at $2,244 at the time of the analysis. This is seen as a potential short-term bounce area, but if the price fails to hold, the next key support lies at the 0.618 level near $2,116. The analyst emphasized that while the recent dump was anticipated, it has now opened the door to a significant accumulation zone —one that could offer high upside potential if approached strategically. Overall, Crypto Patel’s analysis suggests that Ethereum’s next move after its recent price breakdown could either see it surge to new all-time highs from $8,000 – $10,000 or crash to fresh lows if lower support fails. $1,800-$2,200 Identified As Buy-Dip Zone While mapping out Ethereum’s next moves, Crypto Patel’s chart shows that price action has entered a crucial technical pocket between the 0.5 and 0.618 Fib levels, a zone commonly watched for possible reversals or accumulation. A Fair Value Gap (FVG) exists in the same range around $2,200-$1,800, adding further confluence to the idea of a buy-the-dip setup . Below this, the 0.786 Fib level at $1,947 and the 1.0 Fib level at $1,751 align closely with a historically bullish Order Block (OB) between $1,782 and $1,840. If the price continues to slide, this zone is marked as a high-probability reversal area. Despite the short-term bearish momentum likely to follow Ethereum’s already weak price action , Crypto Patel’s projected long-term target range between $8,000-$10,000 remains the more favored outcome—provided successful accumulation occurs during the current corrective phase. Ahead of this surge, the analyst raises the question of whether traders should consider buying ETH at the FVG while prices remain low. He also assured traders that Ethereum’s climb toward his forecasted bullish range is expected to be slow, but sure.
XRP has once again landed at an important support level that places it in view of a rebound upwards or at risk of a further 20% crash. According to technical analyst CasiTrades, the recent drop was anticipated for weeks, and the precision with which XRP touched the $2.01 zone has added weight to its importance. The analyst noted that the drop out of the symmetrical triangle consolidation was clean and technically sound, and the $2.01 level has so far acted as the level for an upward bounce. Technical Setup Says Danger Zone Below $2.00 Still Active XRP price action in the past few days has been marked by a downtrend. XRP lost the $2.13 price level over the weekend before eventually cascading to a crash below $2 in the past 24 hours. Particularly, XRP crashed to bottom out at $1.92 before staging a rebound back above $2, at least at the time of writing. Related Reading: XRP To End 7-Month Consolidation After 700% Surge – Is A Major Move Coming? As it stands, XRP is now back to trading at $2.01, a price level that holds utmost importance for its price action in the coming days. According to a technical analysis posted on the social media platform X by crypto analyst CasiTrades, $2.01 is important for XRP, as it coincides with a major 0.618 Fib support level. Supporting this view is a visible bullish divergence forming on both the 15-minute and 1-hour Relative Strength Index (RSI), as depicted on the price chart below. However, the analyst was quick to warn that confirmation is still lacking on the higher 4-hour and daily timeframes. Without these confirmations, the bounce could still be nonexistent, and XRP could crash strongly below $2. XRP is currently at risk unless buyers manage to push its price into higher confirmation zones, specifically into the $3.00 range. According to CasiTrades, if any bounce at $2.01 fails to carry through, XRP could be headed for its next supports at $1.90 and then $1.55. The latter represents a rough 23% drop from current levels, a scenario that would invalidate the bullish RSI divergence on the smaller timeframes. Geopolitical Tensions Causing XRP Price Volatility The timing of XRP’s sharp drop over the weekend coincided with reports of geopolitical unrest, particularly the reported bombing of Iran by the US. This event caused widespread volatility in the crypto market, which was opened over the weekend. Related Reading: Why The XRP Price Risks A Crash To $0.9 As Bearish Pressures Mount Although the decline seems to be pausing in recent trading hours, it does not yet qualify as a bounce. XRP price is currently fragile, and without a reaction from buyers or confirmation across higher timeframes, the structure is bearish. Selling pressure from new geopolitical tensions or algorithmic moves could potentially lead to deeper declines during the new week, especially if $2.00 fails to hold. In that case, XRP could be on track to retest the $1.90 support and even collapse toward the $1.55 before the end of the week. At the time of writing, XRP is trading at $2.01, down by 2.6% in the past 24 hours. Featured image from Pexels, chart from Tradingview.com
Veteran Traders Reevaluate the Playing Field As the broader market enters a period of recalibration, long-time Bitcoin and XRP traders are beginning to explore new territory. Many of these experienced investors are on the lookout for the next wave of high-upside, early-stage opportunities — especially as Bitcoin slows and XRP awaits a regulatory catalyst. One altcoin quietly gaining traction in this search is MAGACOIN FINANCE, with Kaspa (KAS) also becoming part of the conversation for its novel consensus approach. This migration isn’t about abandoning established leaders. It’s about complementing them with new positions that offer stronger asymmetric risk-reward ratios in the current cycle. Why MAGACOIN FINANCE Is Gaining Respect in Veteran Circles MAGACOIN FINANCE isn’t just another meme coin. It’s a project that combines community-first tokenomics with structural transparency and early staking mechanics that reward conviction. While still in early accumulation, it’s been quietly attracting experienced traders for a few standout reasons: Hard-Capped Supply: The total token supply is permanently locked at 170 billion — no future minting, no inflation risk. Full Transparency: HashEx audit completed, and no VC or treasury override — a key trust factor for institutional-style players. Quiet Whale Entry: On-chain data shows accumulation by smart wallets without aggressive outflows — a bullish early signal. It’s a convergence of early opportunity and disciplined design — a formula veteran traders don’t overlook. XRP – Legal Momentum and ETF XRP is inching toward a decisive legal breakthrough. With both Ripple and the SEC submitting motions to resolve remaining disputes, analysts suggest a final court decision could land within days. Regulatory clarity would open the door for institutions, especially with approval odds for a spot XRP ETF climbing above 85%. On-chain data shows surging payment volumes and bridge currency activity, suggesting utility is already ramping up in anticipation. Bitcoin – Stability Meets Reduced Momentum Bitcoin has entered a holding pattern, consolidating gains after a strong first half of the year. While its role as a digital store of value is intact, momentum traders are now redirecting focus. Many early BTC investors are rotating capital toward assets with more explosive potential, seeking projects in earlier adoption phases that still offer access to real upside. That search has led some to MAGACOIN FINANCE — and for good reason. Kaspa – Efficiency Without the Spotlight Kaspa (KAS) remains a niche but technically strong project. Its DAG-based architecture and rapid confirmation speeds have kept developers and algorithmic traders intrigued. While it hasn’t seen the headlines of other layer-1s, its organic growth and quiet network development could be positioning it for a late-cycle breakout. For traders focused on infrastructure and efficiency, Kaspa is worth watching — but it’s MAGACOIN FINANCE that currently commands the spotlight. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Exclusive Access Portal: https://magacoinfinance.com/entry Continue Reading: Could MAGACOIN FINANCE Be the Smart Choice for Veteran Bitcoin and XRP Traders Eyeing Kaspa?
Crypto markets rally sharply as Bitcoin surges past $105,000 amid geopolitical relief following President Trump’s announcement of an Iran-Israel ceasefire. Other major cryptocurrencies including Ethereum, XRP, and Solana also experienced
Bitcoin has surged past the $104,000 mark, driven by easing geopolitical tensions and strategic corporate treasury acquisitions, signaling renewed market confidence. The recent calming of Iran-Israel hostilities and significant institutional
Coinbase customers watched helplessly as a New York con artist, unmasked by blockchain sleuth ZachXBT, siphoned more than $4 million from their wallets and gambled it away. A June 23 X thread from ZachXBT revealed a phone-based support scam that preyed on basic human trust, spotlighting a wider surge in crypto phishing schemes. The tale of Christian Nieves, a flashy social-media braggart turned alleged thief, raises urgent questions about exchange security, law enforcement reach, and user vigilance. Phishing Scam Playbook: Posing as ‘Coinbase Support’ Posing as calm, professional “Coinbase Support” representatives, Christian Nieves and his small New York call-center team allegedly cold-called customers with an urgent warning: their accounts faced “suspicious activity” and required immediate safeguarding. 2/ Daytwo operates a small call centre group and also works as a caller. His group primarily coerced targets into setting up Coinbase wallet with a compromised seed on phishing sites. Below is a video of his panel used and a sample of his voice when calling. https://t.co/9zJGfQmLPh pic.twitter.com/wkuP5Ir0GE — ZachXBT (@zachxbt) June 23, 2025 The fraudsters then directed targets to create a supposedly secure wallet built on seed phrases the scammers themselves supplied while walking them through the process on Discord or by phone. Because funds moved at the user’s instruction, Coinbase’s automated defenses logged each transfer as legitimate, giving the criminals a window to empty every wallet they touched. Victims were instructed to paste a pre-generated seed phrase , instantly handing the attackers full control. More than 30 customers fell for the script, losing over $4 million combined . One recorded call captured an elderly man forfeiting $240,000 after believing he was securing his holdings. Transactions were cleared within minutes, leaving no time for chargebacks or exchange-side intervention. Cybersecurity Gaps Exploited in the $4M Crypto Scam The operation thrived by exploiting a gray zone between platform security and personal vigilance. Coinbase’s backend systems remained uncompromised, yet the absence of real-time behavioral checks on large, user-initiated transfers left an opening big enough for the scammers to do their work. ZachXBT’s blockchain analysis later stitched together the scams’ on-chain footprints, revealing how the attackers laundered victim assets once they left Coinbase’s ecosystem . Social engineering over code: no malware, just persuasive phone etiquette. User-authorized withdrawals: bypassed withdrawal delays and triggered no fraud flags. Seed-phrase control: lets scammers redirect funds through multiple addresses before tracing could begin. The breach demonstrates a wider cybersecurity challenge: technical safeguards can crumble when a well-crafted phishing scam tricks users into acting against their own interests. By mapping each hop the stolen crypto took, from freshly drained wallets to offshore betting sites, ZachXBT exposed the human weaknesses cybercrooks prize, setting the stage for the crackdown that followed. The Unmasked Scammer Behind the Coinbase Phishing Scheme Investigators didn’t need a sophisticated traceback to uncover the human face behind the Coinbase phishing scam . On-chain footprints allegedly led directly to Christian Nieves , a New York resident who operated online as “Daytwo” and “PawsOnHips.” Unlike most cybercriminals, Nieves didn’t hide—he broadcast. Luxury-brand selfies, open-mic Discord chats, and even video calls during the scam gave blockchain sleuth ZachXBT a trove of breadcrumbs that linked real-world vanity to digital theft. 11/ It’s rare we see a social engineering scammer with such blatant disregard to mask their identity while flexing stolen funds all over social media. As Daytwo is not a minor it’s a rather easy case for law enforcement to pursue. Sadly any recovery for victims is likely a… pic.twitter.com/QUTPD7s1nu — ZachXBT (@zachxbt) June 23, 2025 Nieves routinely showed his face while walking victims through wallet “migrations,” a glaring op-sec lapse. Instagram posts displayed designer clothing and high-end gadgets that on-chain analysis traced back to stolen crypto. Alias reuse—“Daytwo” in Discord, “PawsOnHips” on betting sites—connected the digital persona to a single real identity. From Coinbase Heist to Roobet Roulette: How $4M Vaporized Once Nieves allegedly gained control of each hijacked wallet, the money moved fast. Deposits funneled into a Roobet casino account bearing the same “pawsonhips” handle, where—according to blockchain tracers— nearly the entire $4 million haul was gambled away . 5/ Daytwo likes to gamble on Discord calls with friends. The recording below shows his Roobet username ‘pawsonhips’ where he leaks his deposit address in a browser tab. 0x940970549037634c517deb741b16112b52e0ced1 pic.twitter.com/i38XVbocUu — ZachXBT (@zachxbt) June 23, 2025 Details: Large wagers were placed while scammers chatted on Discord , effectively betting with victims’ life savings. “Lost most of the funds gambling at casinos,” ZachXBT concluded after examining transaction flows. The remaining balances were hopped through Monero (XMR) to obscure trails, yet Roobet’s visible deposit address still tied the funds back to Nieves. The episode demonstrates a blunt cybersecurity truth: converting ill-gotten gains into casino chips can be just as traceable as leaving them on-chain, especially when usernames overlap across platforms. By pinning a real name to flamboyant aliases and a Roobet bankroll, ZachXBT turned what began as a low-friction phishing scam into a case study in self-inflicted exposure—one that now places Nieves squarely in the crosshairs of law enforcement. New Safeguards and Bounty Programs Seek to Shore Up Cybersecurity Coinbase’s risk and security teams rolled out layered countermeasures intended to choke off future phishing scams while reassuring shaken customers. Among the steps: Enhanced customer education : prompts urging clients to verify support contacts and never share seed phrases, even under “urgent” pressure. Stricter withdrawal controls : flagged high-risk accounts now require extra ID checks and face-time delays on large transfers. Address allowlisting and Vault-style approval delays promoted as default settings for higher balances. Reimbursement pledge for victims of a May 2025 insider data-leak scam, indicating the exchange will share financial responsibility when fraud exploits its ecosystem. $20 million bounty for information leading to the arrest of criminals behind that insider breach—an aggressive escalation rarely seen in the industry. Whether those reforms can staunch a phishing scam wave that has already siphoned hundreds of millions is still unclear. However, the heightened focus on transparent cybersecurity protocols—and on holding exchanges accountable alongside users—indicates a new phase in the fight against social engineering in crypto. Why the Coinbase, ZachXBT Crypto Scam Saga Should Change Your Security Habits A single phone call was all it took for Christian Nieves to vaporize millions, yet the fallout stretches far beyond 30 unlucky Coinbase users. His brazen phishing scam, laid bare by ZachXBT’s on-chain detective work, spotlights an uncomfortable truth: the riskiest vulnerability in cryptocurrency isn’t faulty code—it’s human trust. Every voice that urges you to “secure” your wallet, every spoofed support number, is a reminder that cybersecurity relies on skepticism as much as software. Exchange-level reforms suggest the sector is finally treating social engineering as a systemic threat, not a customer blunder. Still, no amount of backend fortification can protect assets once a seed phrase slips out in a moment of panic. The lasting lesson from the Coinbase, ZachXBT crypto scam isn’t merely to guard credentials; it’s to recognize that in a decentralized sector, you alone stand between your holdings and the next persuasive imposter. The question, then, is whether the community will treat that responsibility as seriously as clever criminals already do. The post ZachXBT Unmasks $4M Coinbase Crypto Scam – Victims’ Wallets Emptied, Funds Gambled Away appeared first on Cryptonews .
Crypto prices are surging again—with Bitcoin back above $105K—after President Trump said that Iran and Israel have agreed to a ceasefire.
XRP is up by over 35% in payment volume as price shows positive actions