Bitcoin broke above $107,000 on Monday in a notable respite and kept climbing to $110,500 on Tuesday morning, following last week’s turbulence sparked by the Trump-Musk fallout. The latest on-chain data now suggests that the crypto asset may be preparing for its next upward move, as several key indicators reflect growing bullish sentiment. Bitcoin Demand Strengthens According to CryptoQuant’s latest update , one of the primary signals comes from Binance’s Taker Buy/Sell Ratio, a metric that measures the volume of market buy orders relative to market sell orders. The metric has recently surged to 1.1, which means that traders on Binance are showing significantly more buying aggression than selling. Historically, values above 1 tend to reflect a shift toward increased demand and bullish market behavior. Another supportive indicator is the 90-day Buy/Sell Pressure Delta, which is climbing toward previous historical peaks of around 0.02. This delta represents the net accumulation behavior across the market. Although the current level is not yet excessive, it suggests sustained accumulation without signs of overheating. This environment could be conducive to gradual price expansion. Re-Accumulation Phase Bitcoin’s price has broken above the UTXO (Unspent Transaction Output) 1-day to 1-week band. This band tracks coins moved within the last week, and its breakout indicates that newer coins are now in profit and are being held rather than sold off. Such breakouts have previously preceded transitions from distribution to re-accumulation phases, and often indicated that a newer cohort of investors is entering the market with strong holding conviction. Further validating this narrative is the rise in the Realized Cap held by long-term holders (LTH), which has now surpassed $56 billion. This suggests that coins are increasingly moving into wallets that have historically held assets for over 155 days, which reflects a general lack of intent to sell. These wallets tend to represent “smart money” that accumulates rather than exits during bullish phases. Considering all these factors together, the data reflects a market that is neither in euphoria nor fear, but showing clear signs of strengthening fundamentals and increasing investor confidence, which could point to the possibility of Bitcoin’s next leg higher, despite June jitters . The post Signs of Accumulation Emerge as Bitcoin (BTC) Shipped to $110K appeared first on CryptoPotato .
The renewed energy in the markets at the week’s start has carried over nicely into the cryptocurrency space, with Bitcoin—BTC —making a dramatic return to the $108,000 level as we now head toward the weekend. Just four days ago, BTC was on the edge of dipping below the less-than-psychological $100,000 threshold. Retail traders in the space had been FOMOing heavily into Bitcoin, which had pushed its price so high that some were starting to call it a bubble. Panic selling in these same retail traders pulled the market downward, but now we are back on the way up. The price of Bitcoin surged from 105,000 dollars to 107,000 in a matter of hours on Monday, before further increasing to touch 108,000 dollars. The move, of course, came as a pleasant surprise to holders, but it was also something of a relief to soured market sentiment, which, only weeks earlier, had taken the nascent industry to new depths of despair. Monday’s surge led some observers to hypothesize about the return of a bull market, even if others pointed wryly to the nature of Bitcoin’s recent trading and the kinds of things that are often said before a major price drop. Monday has kicked off with a bang for crypto traders, as Bitcoin has quickly returned to $108K. After threatening to fall below $100K just 4 days ago, retail traders panic sold. Now, they are showing signs of flooding back in with the 2nd largest spike in FOMO in the past 2… pic.twitter.com/ZlPvHy8CGg — Santiment (@santimentfeed) June 9, 2025 Short Liquidations Spark Rally The most recent surge in the market seems to have been generated by overzealous short sellers being forced to cover their positions. One measurable effect of this was seen between 1 and 5 PM, on a Monday afternoon, when total liquidations of short positions jumped from $105,000 to $359,000. Rising prices were clearly doing their job, but it is also possible that some market orders had hit certain key price levels, generating an uptick in price behavior that even more short sellers wanted to stay away from. All in all, something like $250 million worth of short positions were liquidated during this time. $BTC jumped from $105K to $107K today – likely fuelled by a wave of short liquidations. Over just 4 hours, total short liquidations spiked from $105K to $359K (24H SMA). Last week’s negative funding rates had pointed to rising short appetite, and today, those bets got squeezed. pic.twitter.com/TMkdyXjOUZ — glassnode (@glassnode) June 9, 2025 In the week leading up to today, the funding rates across the main derivatives exchanges swung negative and maintained that position. This was a clear signal that traders were heavily shorting Bitcoin. And when a trading environment is heavily short, it becomes increasingly ripe for a short squeeze, which is when the price unexpectedly moves upward and forces traders who are short (betting that the price will go down) to the buy side in order to cover their now losing position. Although rapid upward price spikes can result from a short squeeze, they are not necessarily long-lasting. Traders now must watch for sustained follow-through volume and for new buying pressure—especially from institutional investors—to step in and support these elevated price levels. Retail Sentiment Turns Euphoric Once Again Retail-driven enthusiasm is surging again, as seen on social media where the FOMO meter is registering its second-largest spike in the past two weeks. This is bringing previously sidelined retail investors back into the market. It is almost hard to believe after the plunge seen just days ago when Bitcoin was at a sub-$100,000 breakdown level, but this enthusiasm is the real deal. In the past, Bitcoin has had a tendency to move in the opposite direction of extreme retail sentiment. When FOMO (fear of missing out) reaches its highest levels, it coincides with local tops for Bitcoin. Likewise, when the crowd is in a state of capitulation (when everyone is throwing in the towel), it has frequently marked a bottom for Bitcoin. This sentiment dynamic is particularly intense in crypto, where price action is often driven by psychological and behavioral patterns. Particularly, social media has turned out to be a counter-indicator of sorts. When it is retail traders who are dominating the platforms, it is also the same time that experienced market participants are reducing their exposure. Given the intensity of today’s surge in retail sentiment, the next 24-48 hours should tell us a lot about the duration and sustainability of this current rally. #Bitcoin spot ETFs saw net outflows of -4.6K $BTC last week – first negative week in 8. Total holdings are now 1.20M #BTC , down ~11.5K #BTC from the late-May peak. A pause in demand after a strong run-up – watch for signs of re-acceleration. pic.twitter.com/TCVz5sL65Z — glassnode (@glassnode) June 9, 2025 ETF Outflows Raise Questions About Institutional Appetite Although captivated by recent short-term price movements, traders should also be mindful of emerging signs indicating a slowdown in institutional demand. Last week, Bitcoin spot exchange-traded funds (ETFs) experienced net outflows of 4,600 BTC; that marks the first negative week for ETFs in eight. Total ETF holdings now stand at approximately 1.20 million BTC. They are down roughly 11,500 BTC from their peak in late May. Institutional investors might be either taking profits or pausing to reassess after the recent strong run-up of several months in that they might be either taking profits or pausing to reassess after the recent strong run-up of several months in that they might be either taking profits or pausing to reassess. Signs of renewed ETF inflows would be clear evidence of continued institutional interest and, we think, could act as a strong confirmation of the more than just technically squeezed recent rally. At present, the market is experiencing a degree of optimism because of Monday’s rebound. But as always in the world of cryptocurrency, volatility is at a peak, sentiment is changeable, and the next big market move could come just as fast as the last one. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
Elon Musk recently removed several provocative tweets targeting former President Trump on the X platform, including calls for impeachment and unsubstantiated claims linking Trump to Jeffrey Epstein-related documents. This move
Ethereum is once more under the market’s focus and the crypto spotlight. It seems to be back. And it’s not just Bitcoin . Traditional finance investing and capital is flowing into Ethereum as well. The last four weeks alone have seen American spot ETFs for Ethereum receive $842.9 million in new capital. With fidelity from spiritual-quality companies like BlackRock and Fidelity, the Ethereum capital inflow seems not just steady but increasing. From April 9 to now, ETH has gained ~69%, easily pushing through several layers of resistance and renewing investor optimism about a fresh macro rally. $ETH ETF INFLOWS DON'T LIE In just 4 weeks, U.S. spot Ethereum ETFs have seen $842.9M in net inflows, a tidal wave of institutional capital that’s helping push ETH up 69% since April 9th! Big money is here, and they’re not just dipping their toes, they’re diving in.… pic.twitter.com/XNelyZCvuz — ethereum.network (@EthereumNetw) June 9, 2025 Unlike Bitcoin, Ethereum is moving toward not just institutional but regulatory demand for what is becoming a more critically accepted layer of digital infrastructure. Near-future economic models for Ethereum are projected to be a lot healthier. Scalable platform means no congestion in the system regardless of volume of transactions, and that no systematic collapse of fees. Above all, Dapp (decentralized App) leads to DTV (decentralized transaction vehicle)/DTP (decentralized trading platform). No collapse model means anything from three-fifths to six-tenths of ETH hitting the market as profits over the next 36 months. And the Dapp takes further advantage of the Ethereum blockchain. Wall Street Goes All-In: Ethereum ETF Inflows Paint a Bullish Picture Over the past month, the spot Ethereum ETFs in the U.S. have seen astonishing inflows that very clearly indicate the growing confidence of structures in the Ethereum network as a solid investment vehicle. These investment structures have now pulled in nearly $843 million. That’s coming from vehicles that only exist because the SEC has finally pulled its head out of the sand and approved them after many, many months of seemingly endless regulatory scrutiny. This seems to be a strategic rather than a speculative investment. Institutional investors aren’t chasing after short-term profits like retail investors; they’re taking positions for the long haul. This isn’t a temporary upsurge in interest; it’s a deliberate move. For a number of institutional investors, Ethereum is a lot more than a cryptocurrency: it’s the infrastructure the decentralized future is being built on, with applications in finance, identity, and gaming, not to mention the real-world assets that humanity plays around with. The recent influx of interest from institutions is also being given a lot of the fresh credit for ETH’s recent price movement. Since early April, Ethereum has soared nearly 70%, a rally that pretty much coincides with the incoming ETF inflow trend. This participation and the capital size really involved suggest that Ethereum is no longer living only in the native crypto neighborhood. It’s now part of the broader financial world. Ethereum L2 transaction fees are rapidly declining. In the last 30 days: • Base: 66 $ETH (-34,8%) • World Chain: 33 $ETH (-64,5%) • Arbitrum: 20 $ETH (-84,5%) • OP: 12 $ETH (-68,5%) • Polygon: 7,5 $ETH (-78,6%) Fees are trending toward zero.… pic.twitter.com/iddTtMMEo7 — Ted (@TedPillows) June 9, 2025 Ethereum Layer 2s Slash Fees, Reinforcing Long-Term Utility Even though mainstream adoption brings external affirmation, the real reason to be excited about Ethereum is how incredibly well it works as a piece of technology. Take the Layer 2 “rollup” networks that sit on top of Ethereum and promise to scale it. To give an idea of how far we have come, over the course of December and January, the costs to users for operating their rollup networks went down by an average of 300%. That is absolutely insane. And again, it is not something that went down by 50% over a couple of weeks and we all hope it comes back up. This went down by 300% and is something that we expect to happen again, in a well-mapped-out, planned, and in many cases, already implemented way. More on this in a bit. Over the past month, quite a few prominent Layer-2 chains registered some substantial reductions in Ethereum fees. To be precise, the following five, which are some of the biggest L2 chains, reported the following reductions: – Base: Recorded 66 ETH in fees, down 34.8%. – World Layer: Reported 33 ETH in fees, down 64.5%. – Arbitrum: Registered a much more substantial reduction with fees falling to 20 ETH, marking an 84.5% drop since last month. – Optimism: Reported a smaller, but still notable, reduction ending up with 12 ETH in fees, down 68.5%. – Polygon: Registered 7.5 ETH in fees, down 78.6%. This data makes one thing very clear—transaction costs across the ecosystem are falling. And they are falling fast, not by chance but by design. Ethereum’s roadmap gives pride of place to not just scalability but also efficiency, and the reduction in fees we’re seeing now seems to point to the growing effectiveness of that strategy. You could argue that as fees decrease, the yield rises on the usability of the network. And increased usability (which must also not come at the cost of security) is a gateway to Ethereum’s interaction with the masses. Ethereum is becoming cost-effective. It is becoming accessible. It is becoming useful. And like any infrastructure, those three things are absolutely vital if you want people to build on top of/within said infrastructure. Is This the Beginning of Ethereum’s Next Macro Rally? With a combination of price and fundamental momentum, Ethereum seems to be at the early stages of the next major market cycle. The forces of both institutional capital and tech are consolidating and fusing around the asset. Like a train coming into the station, Ethereum is regaining not only its market position but also new legitimacy as an asset class. We see not only tech but also established financial institutions rallying around ETH. What sets this rally apart from the previous ones is its foundation. Instead of being propelled mainly by retail speculation, the present rise of Ethereum is supported by long-term investment, structural enhancements, and a future in which Ethereum is likely to be scalable. The coming together of lower fees, a surge in ETF demand, and infrastructure upgrades points toward an Ethereum ecosystem that seems more mature and resilient. Should Ethereum persist as scalable and cost-efficient infrastructure, attracting more and more institutional investment, this might be more than just a run-up. It might well be a foundational chapter in the ongoing story of Ethereum as a next-generation global economic layer. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
Apple Inc. announced several new AI features at its Worldwide Developers Conference (WWDC) event on Monday, June 9. The announcements emphasized deeper integration with OpenAI’s ChatGPT, tighter privacy controls, and fresh developer tools while rolling out a sweeping design overhaul. The partnership with OpenAI, which began last year, now powers a wide range of new features set to debut across iOS 26, iPadOS 26, macOS 26, and visionOS 26 this fall. Still, Apple’s long-anticipated overhaul of its Siri voice assistant remains in development and isn’t expected to launch anytime soon. Apple implements new AI features to enhance users’ communication Apple will make its artificial intelligence models available to millions of app developers for the first time as the tech giant seeks to build a competitive edge with its powerful hardware and software ecosystem. During its developer event in Cupertino on Monday, CEO Tim Cook mentioned that the company aims to harness the power of Apple Intelligence. He was talking about an update to its software using AI, which was first revealed at last year’s event. Apple’s software chief, Craig Federighi, commented on the tech firm’s advancements. According to Federighi, opening its AI models to third parties would usher in a new era of intelligent apps that serve users just what they need when needed. The event did not mainly focus on artificial intelligence; instead, it emphasized changes in operating system design and other features. Nonetheless, the AI features are crucial as they will allow the company’s iOS to begin to catch up on some of the functionality already provided by Samsung Electronics Co. and Alphabet Inc. in Google’s Android operating system. Cook said developers could test the features beginning June 9, with a full consumer rollout in the autumn. Notably, the AI features are available only on more recent iPhone models. These key AI features announced at WWDC include Apple adding live translation to its Messages, Phone, and FaceTime apps. This will help people talk easily when they travel to other countries or chat with someone who speaks a different language. Apple’s Visual Intelligence feature will also analyze images and text displayed on an iPhone screen, beginning with iOS 26. In this feature, users can ask ChatGPT for more details about what they see. They will also have the option to search Google for images or products similar to what is currently on their screen. Apple did not stop at this point. The company stated that its latest software updates will allow users to combine two emojis, opening up more creative options. Apple’s Image Playground software allows customers to easily access ChatGPT to transform images into styles like “oil painting” or “vector art,” according to the tech firm’s announcement. Other AI features include Apple advancing messages and enhancing its Wallet app by allowing it to identify and summarize order tracking information from emails sent by merchants or carriers. This will allow developers to utilize the on-device Apple Intelligence foundation model and AI-generated voice informing users about their exercise milestones, workout progress, and fitness goals. Apple plans to reveal more AI innovation in 2026 After introducing the Apple Intelligence platform at last year’s WWDC, the company has taken its time to launch new features. The tech firm displayed the most dramatic overhaul of its software in a generation, seeking to make its devices more connected and functional. However, following the launch of the new features, the company’s technology has not kept up with competitors in Silicon Valley. Despite this, reports from reliable sources reveal that Apple plans to reveal more AI innovations in 2026 . Meanwhile, the event on Monday did not bring many surprises, as sources had already covered most of the significant updates before the presentation, leaving investors disappointed. As a result, shares dropped by 1.2% to $201.45 at the end of trading in New York after initially rising earlier in the day. So far this year, Apple has lost 20% of its value, losing its title as the world’s most valuable company. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
The swift emergence of new tokens on platforms such as Pump.fun keeps pulling in fascinated traders and investors looking for a quick score—but not everything that shines is worth something. This week, one of the tokens drawing the most attention is $ZENAI, a memecoin that claims to be the linchpin of a Solana-based AI project called ZenAI. While $ZENAI looks like a serious candidate for a prominent place in the crypto economy, including an increasing presence across analytics platforms, that very presence has become the source of some serious worry. An on-chain investigation has revealed some rather dubious practices that strongly suggest $ZENAI is a token being propped up in a classic scheme to separate investors from their funds. The $ZENAI token, which debuted on June 3, 2025, via Pump.fun, quickly captured the market’s interest with its rapidly growing number of holders and surge in trading volume. But a closer look at the ostensibly upward-moving figures reveals a more questionable—and potentially fraudulent—pattern of behavior that appears designed to mislead both platforms and traders. Suspicious Wallet Activity and Bot-Driven Volume Although a new token that goes viral can amass 10s of thousands of holders in just a few days, how does $ZENAI go from approximately 0 holders to over 40,000 in just 4 days, with only around 3,000 users in their Telegram group and 1,600 followers on X (formerly Twitter)? This discrepancy suggests to many in the crypto community that $ZENAI’s holder count is somehow artificially inflated. SCAM ALERT – $ZENAI CA: 5DkLaee4Ctm9v8bka1zGeuPUTbngZaznZsc1t3L4pump Today, we are looking at the @ZenAi_Solana token. It has been a top trending token across multiple analytical platforms, and its price action looked interesting as well. Let's see what is hiding behind the… pic.twitter.com/FoGVgvf4vW — Blokiments (@blokiments) June 8, 2025 A closer look at trading patterns shows that almost 83% of all wallets that interacted with the token had no previous trading history. Even more concerning, more than half of all trading volume came from these newly created addresses. This points clearly to a scenario where the token is being driven by bots to simulate high engagement. This hypothesis is also supported by the size of transactions. Almost half of all trades were for amounts under $2, which is hardly a size for real users to care to trade at—especially when one considers the fees. The bot farm trades ZenAI detected could thus be seen as attempts to create what are almost organic-seeming growth curves for wallets and trading activity across platforms. Why create such an illusion? To pump up the appearances of legitimacy and actual adoption in a project that, by all signs, looks somewhat less than authentic. Centralized Supply and Deployer-Controlled Distribution Although the public-facing data of the token shows a picture of decentralization and community ownership, an on-chain analysis of the top holders paints a very different story. Over 80% of the $ZENAI token supply is concentrated in the top 200 wallets. That’s the kind of centralization you can see with the naked eye. It’s even more concerning when you look at the top 25 wallets. Only 3 of them aren’t linked to the deployer wallet or the wallets holding the deployer wallet. At first, more than 70% of the token supply was acquired by the developer wallet, very soon after the launch. Rather than converting the tokens into profits, the wallet moved the tokens to a broad array of different addresses. These redistributed tokens seem to have been used to fund many proxy wallet addresses that are also connected to the deployer and the developer team. These proxy wallets receive direct payments of SOL from the deployer, and these direct payments seem to be funding a large number of proxy wallets that are used to make large, simultaneous purchases of the token. A revealing clue comes from the timeline of wallet activity. Prior to the token’s launch, many of the top wallets involved in the sniping had been inactive for four to five months. They were then suddenly reactivated and funded with SOL from the same network of proxy wallets. This is a known strategy in crypto fraud, in which scammers buy aged, previously used wallets to give the appearance of legitimacy when origin-tracking analysis tools are used. A Coordinated Campaign to Deceive and Distract The appearance of legitimacy and popularity is being created to attract retail traders, but there is also a desire to maintain tight control over the token supply. The setup is, in all likelihood, not a quick scam that will net the perpetrators some immediate profits and then see them vanish into the night. Instead, this is something more akin to a long-running play that hopes to recoup its investments gradually over time. Nonetheless, marketing as it may, the very structure of this token is completely broken. It is largely under the control of the deployer’s wallet. The supposed airdrop to the community seems to be a publicity stunt. This thing has pump and dump written all over it. Currently, the price of $ZENAI seems stable, probably because not much of its supply is being pushed onto the market and because of careful price management. But when this kind of situation is revealed—and the community sees how much power the deployer and their proxy wallets really have—it usually results in a nasty trust drop and an equally nasty price drop. Whether the team plans an exit in the near future or is just set up really well for one is unclear. But the data is pretty indicative of an imminent exit. In the fast-paced realm of memecoins, it is crucial for traders to survey more than just the price charts and the social media platform of their choice. On-chain visuals tend to clarify—and in the case of ZEN AI, they clarify a highly coordinated scam. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
Qubetics ($TICS), BNB, and SUI emerge as top contenders for crypto investment in June 2025, each offering unique innovations in blockchain technology and utility. Qubetics stands out with its integrated
UPBIT Adds Excella (AXL) to KRW, USDT Markets $AXL #AXL
Oblong Inc. has made a significant move in the crypto space by acquiring $7.5 million worth of Bittensor TAO tokens, signaling a strategic shift towards integrating AI-driven digital assets into