Author: John Smith
A fresh Hash Ribbons buy signal has flashed for Bitcoin, a historically reliable indicator that miner capitulation may pave the way for a bullish reversal. The signal, highlighted in a June 5 analysis by CryptoQuant contributor Darkfost, shows a crossover in Bitcoin’s (BTC) 30-day and 60-day hashrate moving averages. This pattern has historically preceded major price recoveries and is often triggered when weaker miners capitulate during periods of unprofitability. “Mining becomes unprofitable for certain miners, and they are forced to sell BTC in order to stay operational,” Darkfost explained. This may lead to short-term selling pressure, but it often prepares…
U.S. stocks ended mixed Wednesday after a weak private payrolls report and a cautious economic outlook from the Fed’s Beige Book fueled concerns about growth, inflation, and tariffs. The Dow Jones Industrial Average snapped a four day winning steak, closing lower by 91.90 points, or 0.22%. The S&P 500 was nearly flat, while the Nasdaq Composite gained 0.32% to end at 19,460.49. Wednesday’s stock trading session sentiment was hit by a weaker-than-expected ADP employment report, which showed private payrolls rose by only 37,000 in May, notably below estimates. The reading comes ahead of Friday’s nonfarm payrolls data and may force…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Litecoin stays quiet while Lightchain AI gains traction, raising $21m with real utility and strong community support. While Litecoin holds on to its legacy status with minimal buzz, Lightchain AI is quietly becoming a leading pick among early movers and strategic buyers. With all 15 presale stages complete and a Bonus Round now active at a fixed price of $0.007, the project has already raised nearly $21 million without flashy headlines or hype cycles. Its appeal lies in utility:…
In a live reaction to the Federal Reserve’s Beige Book release Wednesday afternoon, Bloomberg’s Federal Reserve and economics reporter Catarina Saraiva highlighted an increasingly cautious mood across U.S. businesses and consumers. Saraiva stated the Federal Reserve’s Beige Book is “pretty similar” report to what we have seen this year, pointing to slight declines in activity and a labor market holding steady. Saraiva emphasized how uncertainty, particularly tied to trade tensions and tariffs, continues to weigh on decision-making. She added that businesses and consumers “are kind of waiting to see how this tariff fight plays out.” The Beige Book mentioned tariffs…
JPMorgan plans to woo wealthy customers with a new offering that allows them to access loans using spot Bitcoin exchange-traded funds as collateral. According to a Bloomberg report on June 4, the Wall Street giant is set to expand its financing options to include spot Bitcoin (BTC) ETFs. Simply put, the bank’s wealthy clients will be able to use their cryptocurrency ETFs as collateral when applying for loans. Per details in the report, this new service will apply to all of JPMorgan’s wealthy clients globally. Matthew Sigel, head of digital assets at VanEck, shared a snippet of the report on…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. ADA and TRX push volume highs as TRX leapfrogs ADA in market cap, yet all eyes are on a new coin with 27x growth potential. What happens when one coin climbs 5x and another could hit 27x from where it is now? That’s the question everyone’s asking after the latest Cardano (ADA) market analysis and Tron (TRX) price update. ADA is hovering near $0.69 with eyes on $0.73, while TRX has crossed $0.27 and just leapfrogged Cardano in market…
Moonpig has faced a steep 33.91% correction, pushing price action toward a critical inflection point at the local range low. With the current trading range spanning over 166%, volatility is expected to surge, making the next move a key signal for traders. After a sharp 33% pullback, Moonpig (Moonpig) is now trading at a crucial level near its local range low. This zone could act as a springboard for a potential liquidity grab and reversal setup, commonly referred to as a swing failure pattern. With a vast trading range and the current structure still ranging, traders are watching closely for…
Major U.S. stock indices inched higher on Wednesday, June 4, as weaker-than-expected labor market data gave investors a reality check about the economy’s strength. The Dow Jones Industrial Average was up 0.05%, the S&P 500 rose 0.13%, and the tech-heavy Nasdaq Composite gained 0.20%—though all three struggled for clear direction amid renewed concerns over employment. Traders were focused on employment figures, which seemed to have promised some good news earlier this week. On Tuesday, June 3, a survey on job openings showed steady growth, while new positions were in parity with the number of job seekers. However, new data dashed…
Dogecoin iis showing clear signs of a structural market shift after months of grinding within bearish conditions. A strong breakout followed by bullish confirmations suggests that a deeper upside continuation could be underway, if key support levels hold. Momentum indicators are aligning, technical structure is shifting, and buyers are gradually regaining control. Despite recent volatility in the broader crypto market, Dogecoin (DOGE) has quietly been laying the groundwork for a significant trend reversal. After breaking free from a long-standing bearish trend, DOGE surged into high-timeframe resistance at $0.23 before facing rejection. Importantly, the pullback didn’t result in a full breakdown,…
Bitcoin and altcoins have traded within a tight range recently as investors position themselves for June, which is historically one of the worst months for cryptocurrencies. Bitcoin (BTC) was trading at $105,000, while the market capitalization of all coins has dropped from $3.6 trillion to $3.3 trillion. If history repeats itself, this may be a tough month for the sector. As such, one of the common approaches is to consider altcoins with high staking yields to offset falling or stagnant prices. This article looks at the top three altcoins to buy with a staking yield of over 10%. IOTA IOTA…