The Ethereum price is currently trading at $2,600, showing renewed bullish momentum, with analysts projecting it could surge to $3,400 in the coming weeks. Meanwhile, the price of Tron hovers near $0.27. Market sentiment suggests it could rally to $0.30 as demand grows. Meanwhile, Unilabs (UNIL) , a DeFi token, is gaining investors’ attention for its AI innovation. Its price is expected to increase in June. Ethereum (ETH) Predicted To Claim $3,000 Level Per data from CoinMarketCap, the Ethereum price is trading in the green zone. While the Ethereum price has increased by 5.2% on the weekly chart and 47.7% on the monthly level. Bulls are making efforts to turn the $2,700 resistance to support. In the meantime, whales are stockpiling their portfolios in anticipation of an ETH price pump. A recent post from CryptoGoos indicated that Fidelity and VanEck bought $6.3 million worth of Ethereum. Looking forward, the price of Ethereum could climb to a new level soon. CryptoGoos forecasts the Ethereum price may soar to $3,000 soon based on a bullish flag pattern. Also, Sensei believes the Ethereum price is gearing up for a breakout. The analyst posted a chart that showed the altcoin price soaring to $3,400 after a long period of consolidation. However, the Ethereum price has to cross the barrier around $2,850 first. Doing so could spark investors’ interest and buying activity. Tron (TRX) Eyes Rally To $0.30 After Breakout While the Ethereum market could see a significant increase soon, the Tron price jumped 3.0% over the last week. The Tron price, according to CoinMarketCap, has stayed close to $0.26 to $0.28 in the last week. The Tron price has made two attempts to break past the upper level but failed. However, indicators reveal that the cryptocurrency’s price action is still bullish. The relative strength index is above 60, signaling a potential Tron coin price rally. Meanwhile, Four Crypto Spaces predicts the Tron price may rise to $0.30 soon. Other market experts who believe that the TRX price could rally to $0.30 are Dendorion and CW. In a different post, AltCryptoGems noted the Tron price has broken out of a long consolidation. He believes the value of Tron might rise to $0.32 in the next few days if the uptrend continues. However, investors should watch out for a clear breakout above $0.27. Investors Turn to Unilabs (UNIL) for High-Yield DeFi Opportunities While the Tron price has broken out of a long consolidation, investors seeking greater upside are now eyeing Unilabs (UNIL) , an AI-powered DeFi platform with advanced earning potential. Unlike traditional tokens, Unilabs delivers more than price speculation. It offers structured yield-generating opportunities backed by intelligent automation. At its core, Unilabs combines AI with DeFi to manage multiple specialized funds, each tailored to different risk levels and investor profiles. From AI-powered portfolio rebalancing to its Mining Fund, Unilabs creates multiple income streams. These funds are driven by real-time market scanning, sentiment tracking, and tokenomics evaluations. The presale, currently at $0.0051 per UNIL, has attracted early backers. Those who join the crypto ICO will be able to enjoy staking rewards, a 12-tier referral bonus structure and a share of the platform’s revenue. Over $30 million in assets are already under management, signaling strong early confidence. To show how much interest there is in Unilabs, it has raised over $1.5 million in its first presale week. If Unilabs reaches just 0.5% of Ethereum’s current market cap, its price could potentially grow by 10x in the long term, which is why now is the time to get in. The Top Crypto Coins To Buy Now With the Ethereum price eyeing a $3,000 milestone and Tron racing toward $0.30, the altcoin season is heating up. They emerge as the best coins to invest in for June gains. On the other hand, Unilabs could be the breakout star, leveraging AI and DeFi to deliver real utility and earning potential. As early backers snap up tokens at presale rates, the window to join this new DeFi project before mainstream adoption closes fast. Find out more about the Unilabs (UNIL) Presale Today: Website: https://unilabs.finance/ Telegram: https://t.me/unilabsofficial The post Top 3 Cryptos To Buy for Massive Gains in June: Ethereum, Tron, and Unilabs appeared first on TheCoinrise.com .
Bitcoin’s recent decline reflects an overheated market, as indicated by the Net UTXO Supply Ratio signaling potential sell-offs. Investor sentiment is weakening, with notable dip predictions from analysts suggesting crucial
Bitcoin's net UTXO supply ratio has generated four consecutive sell signal indicating a potential overheated market.
Cronos defied a sector-wide downtick on Friday after the crypto asset manager Canary Capital filed for a CRO -based exchange-traded fund (ETF). CRO is the native asset of the Cronos layer-1 blockchain, which was developed by the exchange Crypto.com. Canary filed an S-1 Form with the U.S. Securities and Exchange Commission (SEC), proposing an ETF that would offer investors exposure to CRO. If approved, the product would also stake a portion of its CRO holdings to earn rewards. The new S-1 statement represents the latest in a spree of recent ETF filings for Canary, which is also attempting to launch Solana ( SOL ), XRP , Sui ( SUI ), Litecoin ( LTC ), Axelar ( AXL ), Hedera ( HBAR ) and Pudgy Penguins ( PENGU ) funds. The SEC greenlit the first spot market Bitcoin ( BTC ) ETFs in January 2024, bringing in billions of dollars worth of inflows to the top digital asset by market cap. The regulator subsequently approved Ethereum ( ETH ) ETFs for trading last July. Two financial firms, Franklin Templeton and Hashdex, also launched joint BTC-ETH ETFs earlier this year. CRO is trading at $0.102 at time of writing and is up more than 8% in the past 24 hours. By comparison, the overall crypto market cap slumped by more than 4% over the same period. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF appeared first on The Daily Hodl .
IMF warns Pakistan over Bitcoin reserve plans, questioning legality and electricity use. Pakistan’s Bitcoin integration plans mirror El Salvador’s crypto push, raising concerns. The outcome of the IMF discussions will decide Pakistan’s future in digital asset adoption. The International Monetary Fund (IMF) is concerned about Pakistan’s recent plan to hold Bitcoin as a long-term investment. The Bitcoin Vegas 2025 conference was the first time the country officially revealed its strategic Bitcoin reserve . This is seen as a significant move for Pakistan in the digital finance sector, although it has raised questions from the IMF. Many have begun discussing if this is the start of “El Salvador 2.0” for Pakistan. The government is investing significant resources in supporting the digital asset industry. Yet, the IMF is concerned about these decisions, especially regarding whether cryptocurrencies are legal and how the power requirements for mining are handled. IMF Seeks Clarity on Pakistan’s BTC Plans Amid Energy Crisis The issues have not been fully explained by Pakistan, particularly since the country continues to experience ongoing energy shor… The post IMF Warns Pakistan Over Bitcoin Reserve Amid Energy and Legal Concerns appeared first on Coin Edition .
Panama’s Bitcoin Strategy gains traction with tax payments in crypto, new regulation, and global visibility as the country positions itself as a regional crypto hub.
Twenty One Capital raised $100 million to expand Bitcoin holdings significantly. Company aims to surpass MARA Holdings in Bitcoin investment ranking. Continue Reading: Twenty One Capital Expands Bitcoin Holdings with $100 Million Boost The post Twenty One Capital Expands Bitcoin Holdings with $100 Million Boost appeared first on COINTURK NEWS .
Robert Kiyosaki hails bitcoin as the easiest way to get rich today, urging urgent action as hyperinflation looms and BTC’s explosive, scarce network gains unstoppable momentum. Robert Kiyosaki Reveals How Insanely Easy Bitcoin Has Made Getting Rich Today Robert Kiyosaki, author of the best-selling personal finance classic Rich Dad Poor Dad, has once again underscored
China’s Ministry of Industry and Information Technology (MIIT) has issued a warning to automakers involved in aggressive price wars. The ministry vowed to crack down on what it describes as “involution-style” competition threatening the country’s fast-growing electric vehicle (EV) and auto sectors. The statement, issued on Saturday, comes shortly after the China Association of Automobile Manufacturers (CAAM) launched an industry-wide initiative urging auto companies to preserve fair competition and avoid practices that could destabilize the market. The MIIT said it will step up regulatory oversight and intervene where necessary to restore order to the market. Escalating concerns over China’s EV price wars At the core of MIIT’s warning is the escalating discount frenzy that has swept across China’s EV landscape . Over the past year, automakers, from EV leader BYD, to traditional players like Geely and Chery have slashed prices on dozens of models to hold or grow market share. BYD , for instance, cut prices across more than 20 models in late May, setting off a new wave of markdowns throughout the industry. The MIIT’s intervention is a deviation from the norm for how China manages its production sector. The regulatory approach for the auto market appears to have gone from fostering growth at any cost to ensuring long-term sustainability and quality across its strategic industries, including new energy vehicles (NEVs), which now account for over 40% of new car sales in the country. The CAAM echoed the ministry’s concerns in a statement last week. While it acknowledged the impressive growth of the NEV sector, the association said profitability is declining due to the rise of destructive pricing tactics. While competitive pricing is legal and expected, the group cautioned that it should not come at the expense of industry fundamentals. Tu Le, managing director of Sino Auto Insights, provided insights into the ongoing price wars, stating that the current pricing strategies could lead to a “bloodbath” later this year, particularly affecting weaker players like Neta and Polestar. Industry analysts say the MIIT’s intervention is timely, though the effectiveness of its new regulatory push remains to be seen. Some fear that without enforceable penalties or an overhaul of pricing policies, companies may continue prioritizing volume over value. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
The South African government has drawn heavy criticism for its proposal to loosen its Black Economic Empowerment (BEE) laws to accommodate Elon Musk’s Starlink. Elon Musk exited the White House and immediately got himself caught up in more political drama, this time in his home country of South Africa. The South African government is reportedly in the process of loosening its empowerment laws to accommodate Starlink , a feat that the South African telecom company, Vodacom failed to achieve. Backlash over Starlink deal The South African government has proposed to loosen its Black Economic Empowerment (BEE) laws to accommodate Elon Musk’s Starlink. This proposal has sparked public outrage and caused opposition parties to accuse the acting government of striking a “backdoor deal” to give the US tech giant preferential treatment. Under existing regulations, telecom companies are required to sell at least 30% of their local equity to historically disadvantaged South Africans to operate in the country. The government intends to loosen the laws just enough to allow telecom companies to bypass that strict 30% Black ownership requirement by investing in alternative empowerment initiatives. The government has been under pressure to improve internet access and modernize telecommunications, and argues that the law change is part of its economic reform strategy. Critics have warned that the government’s decision sets a dangerous precedent by prioritizing foreign capital over domestic equity. Opposition parties like Build One South Africa (BOSA) and the Economic Freedom Fighters (EFF) are leading the growing backlash against the government’s proposal. The BOSA deputy leader, Nobuntu Hlazo-Webster, said that the party has formally requested a public record of the decision from parliament to ensure transparency. “The message being sent is that if you are a powerful foreign billionaire, you can sidestep South Africa’s laws, while our local businesses are forced to jump through hoops,” she said. “We cannot build an economy based on exceptions. Our laws must apply equally to all—foreign or domestic, rich or poor.” Roger Solomons, a BOSA spokesperson, described the move as “impulsive” and accused the government of rewriting long-standing transformation rules to make Starlink’s market entry “favorable to them, and not the country.” The EFF’s Julius Malema warned that he would oppose the decision in parliament. “We cannot be dictated to by business,” he said. South Africa’s BEE laws The loosening of rules in the telecom sector has inspired other industries to seek similar treatment. In the mining sector, the Minerals Council South Africa has urged the government to exclude exploration companies from proposed Black ownership requirements. A new mining bill seeks to enshrine into law a 30% Black ownership target for mining companies. Allan Seccombe, the communications director at the Minerals Council, said: “Prospecting is extremely high risk. There’s no guarantee they’re going to find something that’s economically viable. Every cent they raise should ideally go towards drilling out or finding a resource.” The Democratic Alliance (DA), the second-largest party in the ANC-led coalition government, is currently challenging the BEE laws in court. James Lorimer, a DA Member of Parliament, said that the proposed mining legislation will “effectively end the already tottering case for foreign investment in South African mining.” He added that the bill “seeks to double down on racial transformation and brings back a legion of bad ideas.” Despite mounting pressure, President Cyril Ramaphosa has remained firm in his defense of the BEE laws. In a parliamentary session this week, he rejected claims that the empowerment policies were stifling economic growth. “I find it very worrying that we continue to have this notion that BEE is the one that’s holding our economy back,” he said. “It is the partial and exclusive ownership of the means of production in our country that is holding this economy from growing.” Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot