Crypto News
Bitcoin Bounces Back as Institutions Buy the Dip
The Israel-Iran conflict caused a dip in the bitcoin price last week, but it didn’t last long as bullish institutions went bargain hunting, triggering a spike in demand and a swift price recovery. Bitcoin Stages Comeback as Big Money Goes Shopping Strategy and Metaplanet, two of the most prominent bitcoin treasury companies, bought a combinedSource link
Litecoin Climbs Over 2% as Whale Holdings Grow and Price Breaks Key Resistance
Litecoin LTC rallied more than 2% on Monday, gaining ground as investors eye a possible spot exchange-traded fund (ETF) approval and navigate a shaky geopolitical backdrop.LTC rose from $85.05 to $88 in a 24-hour period, an uptrend marked by higher lows and heavy volume. The rise coincides with growing expectations that the U.S. Securities and Exchange Commission (SEC) could greenlight a spot ETF giving investors exposure to LTC.According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, the odds of such an approval now stand at 90%, while traders on Polymarket are weighing a 76% chance.Meanwhile, whales, wallets holding large sums, have increased their LTC holdings from 25.8 million to 27.8 million tokens since mid-April, according to blockchain data firm...
Bitcoin ETFs Extend Winning Streak With $302 Million Inflows as Ether ETFs 19-Day Run Ends
Bitcoin exchange-traded funds (ETFs) posted their fifth consecutive day of inflows, collecting a strong $302 million, while ether ETFs saw their impressive 19-day inflow streak come to a close with a minor $2.18 million outflow. Bitcoin ETFs Stay Green for 5th Straight Day With Ether ETFs Seeing $2 Million Exit The week of June 9Source link
SUI Is ‘On the Edge of a New Run Towards Highs,’ Says Crypto Analyst Michaël Van...
SUI SUI traded at $3.1110 on Monday, rising 3.85% over the past 24 hours following a multi-hour uptrend that pushed the token through key resistance levels. The asset hit a session high of $3.1554 before settling just above $3.11, with strong volume supporting the breakout attempt.Michaël van de Poppe called SUI “super interesting as an ecosystem” in a post on X earlier Monday, pointing to several major on-chain milestones. The stablecoin supply on the Sui network has grown from $400 million in January to nearly $1.2 billion. Meanwhile, total value locked (TVL) has reached $1.8 billion — ranking third among non-EVM chains. Wallet adoption is also accelerating, helped by the integration of Phantom and the launch of Slush, the rebranded...
SRM Stock Soars 580% as Justin Sun’s Tron Eyes Nasdaq Debut
The Florida-based theme-park supplier plans on renaming to Tron.Source link