Crypto News
Bitcoin Flirts With $110K but Ends the Week Lower Amid Geopolitical Concerns
Bitcoin ( BTC) ended the week just below $105,000, having briefly approached the $110,000 mark, but faced downward pressure from escalating geopolitical tensions in the Middle East. BTC Ends Topsy-Turvy Week Largely Unchanged Having twice flirted with the $110,000 mark, bitcoin ( BTC) ultimately concluded the week largely unchanged, settling just below $105,000. Its upwardSource link
ADA Hovers Around $0.62 as New Enterprise Product Launch Offsets Whale-Driven Pressure
Cardano's ADA ADA was down 1.71% over the past 24 hours, trading at $0.6229 as of June 14. The asset briefly slipped to $0.6176 before stabilizing, holding its footing despite a sharp wave of selling from large holders. According to recent market data, whales have offloaded over 270 million ADA —worth roughly $170 million — in a move that has added significant pressure to the token’s price action during a week marked by geopolitical volatility.Yet, amid the sell-off, the Cardano Foundation unveiled a new product aimed at enterprise adoption. On Thursday, the organization launched Originate, a blockchain-based solution for verifying product origin and authenticity. Designed to help businesses streamline compliance and protect against counterfeits, Originate allows companies to digitize and...
Russia Paying Teenage and Untrained Spies Using Bitcoin: Report
Russia's intelligence agencies are “constantly financing” agents using cryptocurrency, blockchain investigators told Decrypt.Source link
Crypto Carnage Wipes Out $210B This Week—But Some Coins Refuse to Fold
Over the past three days, the crypto market has taken a hit, shedding $210 billion in value since June 11, when tensions first flared between Israel and Iran. Meanwhile, over the past week, bitcoin has dipped 0.8% and ethereum is down 0.1%, but a handful of altcoins have posted double-digit gains, managing to dodge theSource link
ETH Whales and Sharks Accumulate 1.49M ETH in 30 Days as Retail Pulls Back
Ether (ETH) ETH traded at $2,508 on June 14, down 0.88% in the past 24 hours, yet managed to hold support above the $2,500 level despite shifting institutional dynamics. According to crypto analytics platform Santiment, wallets holding between 1,000 and 100,000 ETH — referred to as whale and shark wallets — have added a net total of 1.49 million ETH over the past 30 days. This group increased its combined holdings by 3.72% and now controls 26.98% of the total ether supply.Santiment noted that while smaller, retail-driven wallets have been taking profits, these large holders have steadily accumulated. The divergence in behavior highlights growing long-term conviction among ether's key stakeholders, even as retail sentiment appears to be wavering following recent...