Bitcoin's fall led to a market chill, prompting altcoin opportunity pursuits. XRP shows potential recovery despite current declines, hinting a 10% rise. Continue Reading: Bitcoin’s Plunge Sparks New Altcoin Opportunities The post Bitcoin’s Plunge Sparks New Altcoin Opportunities appeared first on COINTURK NEWS .
Bitcoin experienced a brief dip below $99,000 amid escalating geopolitical tensions, yet leading experts maintain a bullish outlook on its long-term potential. Market analysts such as Raoul Pal and Arthur
According to Onchain Lens data reported by COINOTAG News on June 23rd, a significant market participant executed a substantial transaction by depositing 4.28 million USDC into Hyperliquid. This strategic move
FTX’s bankruptcy estate has formally challenged a $1.5 billion claim filed by Three Arrows Capital (3AC), disputing the hedge fund’s attempt to recover losses from its high-risk crypto positions. The
The post He Bought Bitcoin at $800—Now He Calls This the Best Layer 1 of the Year appeared first on Coinpedia Fintech News Kaanch is quickly becoming an outstanding blockchain project, which is already attracting the interest of experienced investors and blockchain enthusiasts. One of the most successful traders, who has already bought Bitcoin at only $800, has named Kaanch the Best Layer 1 blockchain of the year, and it can grow by up to 28,400%. This ambitious prediction puts Kaanch above such well-established giants as Solana and Ethereum in terms of technology and growth potential. Presale Momentum and Upcoming Listings Kaanch is in stage 7 of its presale and is currently selling at 0.64 dollars per token, which is going to go up to 1.28 dollars in the next stage. More than 2.4 million dollars have already been raised in the project, and this is an indicator of high confidence of investors. Kaanch will have a total supply of 58 million tokens, and live presale yields of up to 30% APY, making it an appealing solution to early investors. It is also important to note that Kaanch is about to be listed on large exchanges BitMart, LBank and XT , and the listing price is expected to be set at 30 dollars, which indicates a high potential of growth. Why Kaanch Is the Best Layer 1 Blockchain Kaanch technology is what makes it stand out in the Layer 1 blockchain environment. It is the fastest and most scalable blockchain, with a speed of 1.4 million transactions per second (TPS) and a finality time of only 0.8 seconds. This allows instant execution of trade and smooth smart contract flows. Additionally, Kaanch has low gas fees, which is almost zero, and thus it is very economical in terms of decentralized applications, microtransactions, and payments. It is a secured network with 3,600 decentralized nodes that allow both businesses and individuals to tokenize real-world assets. Community and Developer Focus The project is community-based, with open governance and a staking dashboard that puts users in charge. Its business-friendly and developer-friendly infrastructure makes it easy to integrate blockchain, and this opens the door to mass adoption. Kaanch tokens can be bought with ETH and USDT, which further increases the accessibility of investors. Why Investors Should Act Now To those investors who want to take advantage of this rapidly developing trend, it is important to visit the Kaanch presale site and obtain tokens before the price rises. Kaanch is a secure platform, audited by SpyWolf and VerifyLab, that uses powerful technology and is transparent and reliable. With the approval of the top trader and the technical advantage of the project over Solana and Ethereum, Kaanch is the Best Layer 1 blockchain to keep an eye on in 2025. For more information about Kaanch Network ) visit the links below: Website: https://presale.kaanch.com/ Whitepaper: https://docs.kaanch.network/ Twitter/X: https://x.com/KaanchNetwork Telegram: https://t.me/kaanchnetwork Win 1M: https://presale.kaanch.com/win-1-million How to buy : https://presale.kaanch.com/how-to-buy
FTX lawyers are pushing back against a $1.5 billion claim from defunct hedge fund Three Arrows Capital (3AC), calling it baseless and rooted in the firm’s own trading missteps. Key Takeaways: FTX is seeking to fully reject 3AC’s $1.5B claim, calling it legally and factually unfounded. The exchange argues 3AC breached margin terms and ignored warnings before a necessary $82M liquidation. FTX says 3AC is shifting blame to recover losses from its own failed trading, at the expense of other creditors. In a recent court filing , lawyers representing FTX argued that 3AC’s request to recover funds from the bankrupt exchange’s estate should be “disallowed in its entirety.” The objection follows a November 2024 ruling by a Delaware bankruptcy judge permitting 3AC to increase its claim from $120 million to $1.5 billion , citing new evidence related to asset liquidations. 3AC Claims FTX Dumped $1.5B in Assets Weeks Before Its Collapse 3AC claims that FTX liquidated roughly $1.5 billion in its assets just weeks before the hedge fund itself collapsed. However, FTX attorneys dismissed the claim as resting on “an unreasonable and unsupportable starting premise,” citing “inaccurate figures” and a “blindness to the actual events.” The filing points to a June 2022 breach of margin requirements by 3AC following the fallout from Terra’s collapse. According to the objection, when 3AC’s account fell below the required $240 million balance, the firm failed to respond for over six hours. Instead of meeting the shortfall, it allegedly withdrew $18 million in ETH. FTX then moved to liquidate the account, recovering $82 million. The lawyers argue this move not only complied with credit and margin agreements but also protected the estate from further losses. FTX lawyers say 3AC’s $1.5 billion claim 'defies logic' and should be tossed -Lawyers for the FTX bankruptcy estate have objected to a $1.53 billion claim from collapsed trading firm Three Arrows Capital, urging the court to dismiss 3AC’s claim in full. -The lawyers say 3AC’s… https://t.co/YCMn4AwEs6 — Rukawa Kaede. (@show4653) June 23, 2025 Without the liquidation, they claim, 3AC’s account would have been $18 million underwater by the time FTX filed for bankruptcy. “Forced liquidation was not only permitted but necessary,” wrote Steven Coverick of Alvarez & Marsal, who conducted a forensic review of the transactions. His findings were submitted alongside the objection. British Virgin Islands King’s Counsel Stephen Atherton also weighed in, dismissing 3AC’s legal arguments under BVI law as flawed. FTX’s team maintains that 3AC is attempting to recoup losses from its own aggressive trading by targeting the exchange’s creditor pool. “FTX creditors should not and cannot serve as a backstop for 3AC’s failed trading strategy,” the filing states. 3AC has until July 11 to respond, with a non-evidentiary hearing scheduled for August 12. Sam Bankman-Fried’s Release Date Set for 2044 FTX founder Sam Bankman-Fried is now projected to be released from federal prison on December 14, 2044 , after serving less than 21 years of his 25-year sentence for fraud tied to the FTX collapse. He was also fined over $11 billion. Federal records confirm that Bankman-Fried has been moved from New York to a transfer facility in Oklahoma following nearly two years behind bars. The move comes after Bankman-Fried was reportedly placed in solitary confinement earlier this month for giving an unauthorized interview to Tucker Carlson. His incarceration began in August 2023, after Judge Lewis Kaplan revoked his bail due to allegations of witness tampering involving leaked diary entries from former Alameda CEO Caroline Ellison, who was a key witness in the case. The post FTX Lawyers Slam 3AC’s $1.5B Claim — Say Collapse Was Entirely Self-Inflicted appeared first on Cryptonews .
Matrixport’s latest daily analysis highlights the challenges Bitcoin faces in sustaining a meaningful recovery amid prevailing seasonal trends. Despite recent attempts at a rebound, the report emphasizes that Bitcoin must
Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 1,111 bitcoin as part of its ongoing Bitcoin Treasury Operations, bringing its total holdings to 11,111 BTC. The latest purchase was made at an average price of 15,535,502 yen per
The Bitcoin price crash has been spurred on by looming war events as Iran and Israel continue to go head-to-head. Naturally, the financial markets have responded negatively to this news, and the crypto market has not been left out. Interestingly, the Bitcoin price had sat above the $100,000 psychological level for the longest. However, it was only a matter of time before it lost this support and crashed further, especially as the digital asset seems to only have major support in the 5-digit territory. Analyst Says Bitcoin Price Is Headed Below $90,000 In a TradingView post, crypto analyst Master Ananda has revealed major bearish formations for the Bitcoin price. With the $100,000 support having held so far through the last week, it suggested there is still some buying going on for the cryptocurrency. However, the chart does not show enough strength to hold this level. Related Reading: XRP On-Chain Activity Down 80% In 5 Months, Experts Argue Bullish/Bearish Implications Since the market has been rocked by over $1 billion in liquidations in the last week, it has transferred some weakness to the BTC price, putting the bears in charge once again. Pointing this out, Master Ananda explains that the weekly chart, in particular, is not showing any good signs. The current Bitcoin price action seems to only be a continuation of the bearish price action that began after it hit a peak of $111,900 back on May 19, 2025. Since then, the decline has been consistent, and the crypto analyst says the market looks “terrible” right now. Given the crash, the major support for Bitcoin is no longer above $100,000, but over 10% below it. As the price has previously broken below $100,000, the first support the market could see would be at $88,888. Failure to hold at this point would trigger another 5% decline toward $82,500 before bulls are able to put up any fight. What Happens If BTC Stays Above $100,000? While the bearish trend is the most dominant at this point, there is still the possibility that the Bitcoin price could stay back above $100,000 and hold the fort there. In this case, it is likely that the bullish trend would continue. The crypto analyst highlights this in another post, forecasting a very sharp upward move if this happens. Related Reading: Bitcoin Bullish Divergence That Appeared Before The May ATH Has Returned Again In the case of a recovery, then Bitcoin could retest the upper trendline that sits right above $108,000. And as for how long all of this could take to play out, the crypto analyst believes that the entire thing shouldn’t take more than two weeks to actually unfold and pick a direction. “Do not be afraid if the market shakes, Bitcoin is going up; Crypto will grow, regardless of the short-term,” the analyst said in closing. Featured image from Dall.E, chart from TradingView.com
June 2025 marks the rollout of the second half of the year, and investors are scanning the crypto market for new opportunities. Everyone wants to be perfectly positioned to take full advantage of the coming altcoin season. The month has seen crypto markets pick up momentum, with an influx of institutional funds driving the surge. Bold investors understand that June represents the last real opportunity to make massive gains when the market goes parabolic. If you want to make a smart buy right now, one of your best options is Mutuum Finance (MUTM) . The Mutuum Finance (MUTM) is still in the presale phase, which represents an opportunity for massive upside. According to analysts, the MUTM tokens could rise over 20x when they go live. Here is a deep dive into some of the projects that savvy investors are looking at in the month of June 2025, with a focus on Mutuum Finance (MUTM), which is under the radar. XRP XRP, created by Ripple Labs, has been at the center of a legal whirlwind in recent years. However, 2025 is panning out to be a great year for the project. The SEC lawsuit is in the process of winding up, and Ripple is expanding its solutions across the world in the Middle East and Asia. RippleNet has seen growing adoption in Japan and Singapore, where major institutions have added it to their services. As such, it is still growing into its role of being a better alternative to SWIFT and its legacy systems. Ripple Labs also recently upgraded the XRP ledger to allow native support for issuing assets. That could expand its role beyond remittances, making the network a complete layer 1 for tokenization and DeFi. While these developments are promising, XRP has a long way to go before it can gain widespread acceptance as a replacement for SWIFT. In the meantime, Mutuum Finance (MUTM) is a more promising prospect. Polkadot (DOT) Polkadot (DOT) is a multi-chain powerhouse built for scalability using parachains. After a slow 2024, DOT is signaling some new momentum. In June, the network rolled out a new feature called Asynchronous Backing that makes parachains faster, boosting the throughput 10x. Additionally, community governance has been implemented and is executed faster. With a post to speed and more control to the community, DOT is a good project to consider. However, the improvements to the network have not had as much of an impact as expected. Considering this, Mutuum Finance (MUTM) could be a better option for bigger gains. Mutuum Finance (MUTM) It began as a whisper in the corners of Crypto X and has now spread into a massive movement. On X alone, Mutuum Finance (MUTM) has a following of over 10.5k followers. The project is proving that it is not just another crypto project. Mutuum Finance (MUTM) is the future of utility-based growth. Created by a team of committed developers, this project could deliver the most explosive gains of 2025. As a sign of the team’s commitment, they submitted the code for an audit to CertiK early on, and they got back positive results. Mutuum Finance (MUTM) has a Token Scan Score of 80 on CertiK, just one of its many accomplishments. Where the project truly shines is in the protocol design. It is built as a decentralized non-custodial protocol where users can participate as lenders, borrowers, or liquidators. As lenders, they can deposit their funds into the protocol’s pools to earn interest. The interest that they receive is based on the pool utilization rate. As the number of loans taken by borrowers rises, in comparison to the total in a pool, the utilization rate rises. This causes the interest rates to rise, which encourages the borrowers to repay their loans. At the same time, it inspires more lenders to join the pools to benefit from the rising yields. Over time, this creates a positive feedback loop that ensures optimal capital efficiency. Lenders receive mtTokens when they deposit assets into the pools. These mtTokens represent the value of their deposit, plus any interest they accrued. As a result, this system makes it easy to keep track of the interest payments. Additionally, lenders do not need to actively claim or compound their interest. MUTM Token Presale – A Massive Opportunity For Growth The Mutuum Finance (MUTM) presents an opportunity for massive gains. In the current phase 5 of the presale, tokens are going for a 50% discount. With 45% of the tokens set aside for this phase already sold, this massive discount is being quickly taken up. So far, over $10.95 million has been raised in the presale from around 12,350 presale buyers. This is a massive opportunity that has seen massive participation from all corners of the crypto world. The token price is set to go up by 16.67% in the upcoming phase. That will end the opportunity to make a 100% guaranteed ROI based on the $0.06 to just 71.43%. Do not let the opportunity for massive gains pass you by; secure your MUTM tokens in the current phase for just $0.03 per token, and watch your investment explode in value. For more information about Mutuum Finance (MUTM), visit the links below: Website: https://www.mutuum.com/ Linktree: https://linktr.ee/mutuumfinance