🚨 Charles Hoskinson Proposes $100M Bitcoin and ADA Swap: Will ADA’s Price Drop❓
Cardano’s founder, Charles Hoskinson, has proposed converting $100 million of ADA reserves into Bitcoin ( BTC) and stablecoins like USDM and USDA to boost Cardano’s DeFi ecosystem. The goal is to raise the stablecoin-TVL ratio from 10% to 30-40%.
With Cardano’s TVL at $356 million and only $31 million in stablecoins, Hoskinson believes this move is necessary. Critics worry it could impact ADA’s price, but Hoskinson dismisses these concerns, focusing on long-term growth. DYOR before making decisions, as always
🔴 Accumulation Mode: Over $3.3B in BTC has recently flowed into Bitcoin accumulation wallets
These addresses now hold 2.91 million BTC, with an average entry price around $64,000 — signaling continued long-term confidence despite market volatility 🚀
🔥 Tron (TRX) could be the best performer today. I've been closely monitoring this gem. It has a special trajectory of it's own, It's price doesn't get influenced by BTC or ETH.
The crypto market crashed in last 24 hours, but $TRX undergone just a minor necessary correction, and again it's in strong upward move. No matter how the market goes, it just goes up and up like pure gold. It's the best digital asset for long term investment.
SL: Stop loss is not needed, the market is already very down. But somehow if the trade go in wrong direction, make sure to increase your position after every 1% dip.
SL: Stop loss is not needed, the market is already very down. But somehow if the trade go in wrong direction, make sure to increase your position after every 2% dip.
🚨 Trump Says He Will Announce New Tariffs in Two Weeks❗
U.S. President Donald Trump plans to send letters to trade partners within one to two weeks outlining unilateral tariff rates ahead of the July 9 deadline for reimposing higher tariffs on dozens of countries, Bloomberg reported on June 11.
“We will send letters in about a week and a half to two weeks explaining to countries which deal is in effect. It will outline the terms — take it or leave it,” Trump said.
Asked whether he might extend the deadline for some countries to strike agreements, Trump replied: “Yes, I’m open to that. But I don’t think it’ll be necessary.”
🛑 BTC / USDT — STRONG DEFENSE AT SUPPORT, BULLS EYEING A BOUNCE 🛡📈
Bitcoin just wicked into a strong demand zone around $107,700, holding the line after a heavy pullback from $110K+. The chart shows aggressive dip-buying behavior, with bulls likely aiming for a quick recovery if momentum builds.
📊 Trade Setup (Long Idea):
• Entry Zone: $107,600 – $107,800
• Take Profit 1: $108,800
• Take Profit 2: $109,366
• Stop Loss: $106,985
Reclaiming $108K with conviction could signal a reversal play. Watch for volume spikes and bullish engulfing candles! $BTC
🔴 #Bitcoin just saw a sharp $1B drop in open interest — that’s a big unwind of leveraged positions across the board.
Sellers are clearly in control right now, as shown by the negative net taker volume. After tapping that local $110K high, #BTC is pulling back hard.
If this bearish pressure holds up, we could be eyeing a test of the $106K support soon. Keep an eye on those levels — the next move could be brutal or brilliant. #MarketRebound $BTC
⭕ JUST IN: Ripple XRP expands its blockchain education push in Asian-Pacific countries (APAC), committing another $5 million in funding through its University Blockchain Research Initiative across six countries. #NasdaqETFUpdate
Ethereum spot ETFs have now recorded over 15 consecutive days of net inflows, adding $25.22 million on June 6 alone. This brings total inflows over the past week to $281.07 million—more than double the $128.81 million in net outflows from Bitcoin ETFs during the same period.
Since launching in July 2024, Ethereum ETFs have attracted $837.5 million, representing roughly 25% of all net inflows across U.S. spot crypto ETFs. If momentum holds, the streak could surpass $1 billion in cumulative inflows by next week—highlighting growing institutional interest in Ethereum over Bitcoin in recent weeks. #CryptoCharts101
After peaking near $111,963, BTC has pulled back slightly, now trading around $105K, hugging its 9-day DEMA. RSI sits at 52.27, signaling neutral momentum.
📉 Short-term pressure remains, but volume spikes suggest renewed interest at lower levels.
🧠 Eyes on the $104K zone — break below could shift sentiment. Otherwise, consolidation continues. $BTC