Crypto News
Publicly Traded Firm KULR Acquires 118.6 Bitcoin, Treasury Reaches 920 BTC
KULR Technology Group Inc. acquired 118.6 bitcoin for approximately $13 million, increasing its corporate treasury holdings. The purchase price averaged roughly $107,861 per bitcoin, the company stated Monday. This brings KULR’s total bitcoin holdings to 920 BTC. Those 920 BTC represent a total investment of about $91 million, acquired at an average price of $98,760Source link
Bitcoin Climbs Above $110K, ‘At Crossroads’ for Next Major Move
Bitcoin's BTC quiet climb on Monday accelerated to its strongest price in June, rebounding from last week's decline to near all-time high levels.The largest crypto advanced by 3.7% over the past 24 hours, topping $110,000, and it's changing hands by only 2% from its record prices observed in May. Ethereum's ether ETH kept pace with a 3.8% gain during the same period, bouncing above $2,620. Native tokens of Hyperliquid HYPE and SUI SUI outperformed most large-cap cryptocurrencies, rising 7% and 4.5%, respectively.Bitcoin's move higher caught leveraged traders off-guard, liquidating over $110 million worth of short positions within an hour, CoinGlass data shows. Across all crypto assets, some $330 million of shorts were liquidated during the day, the most in a...
Bitcoin Soars Above $110K, Nearing Record as Ethereum and Dogecoin Rise
Bitcoin's price jumped past $110,000 for the first time in about two weeks to lead a broader upturn in digital assets.Source link
Aptos’ APT Gains 4% on Significant Volume, Has More Potential Upside
Aptos' APT token rallied more than 4% on significant volume, with momentum indicators suggesting more potential upside, according to CoinDesk Research's technical analysis model.The digital asset broke out of its consolidation phase between $4.65-$4.73, establishing strong support at $4.73 before pushing through previous resistance levels to establish a new local high, according to the model.The token is currently 2.6% higher, trading around $4.86.The broader market gauge, the CoinDesk CD20 was 1.75% higher at publication time. Technical Analysis:APT rallied from $4.65 to $4.85, representing a 4.3% gain with significant volume confirmation. Price formed a clear consolidation pattern between $4.65-$4.73 before experiencing a decisive breakout at 09:00 with volume nearly doubling the 24-hour average. Strong support established at $4.73 with subsequent price...
Bitcoin’s Price Blasts Higher With $81M in Shorts Burned—Fed Cut Bets Hold Firm
Bitcoin is cruising at $108,610, seeing an increase of over 2% in the past 24 hours; meanwhile, the whole digital currency market value rests at $3.38 trillion. This price climb occurs a single week before the Federal Open Market Committee (FOMC) gathering, which is slated for June 18. Bitcoin Defies Credit Downgrade—Expert Says Confidence IsSource link