Author: John Smith

The latest portfolio activity of the Cathie Wood-led investment firm Ark Invest has revealed a major investment into the recently listed Circle shares. Following the debut of CRCL, the long-awaited initial public offering of stablecoin issuer Circle on the New York Stock Exchange, Wood’s Ark Invest poured an estimated $373 million into the stock, acquiring a total of 4.5 million. The purchases were spread across three of Ark funds actively managed ETFs, ARKK, ARKW, ARKF, into parts of 3,025,089 CRCL, 927,318 CRCL, and 524,153 CRCL, respectively. Circle’s stock opened trading on the NYSE on June 5, 2025, launched at $31…

Total crypto liquidations hit $972.22 million in 24 hours, with Ethereum, XRP, Dogecoin, and Solana among the most impacted Long traders were caught off guard in the largest liquidation event since February, following a public split between U.S. President Donald Trump and a former close ally and supporter Elon Musk. On June 6, a wave of liquidations totaling $972.22 million swept the market, according to data from CoinGlass. Over the last 48 hours, nearly $3 billion in long and short positions were liquidated. 24-hour liquidations heat map on June 6 | Source: CoinGlass Bitcoin and Ethereum led in total liquidation…

Bitcoin is facing a tough battle at a critical resistance zone following a sharp correction. With weakening volume and a bearish retest in play, lower prices could be on the horizon. In the past 24 hours, Bitcoin (BTC) has seen a notable correction that has shifted the local market structure. After breaking below key levels, BTC has bounced back into a strong resistance cluster, but is now struggling to reclaim it. The confluence of several technical factors at this zone suggests that this could be a bearish retest, signaling a potential continuation to the downside unless bulls step in with…

XRP price has been under pressure this year, dropping by over 37% from its highest point in November.  Ripple (XRP) was trading at $2.15 on Friday, a notable price as it matches the level seen on January 1. The coin has formed a distinct bearish pattern, signaling a potential 75% crash to $0.52. On-chain metrics suggest that the network is struggling. Active addresses have plunged from 612,000 in March to just 16,000 today. Similarly, there are signs of whale capitulation. Addresses holding between 10 million and 100 million coins now hold 7.53 billion XRP, down from 7.8 billion last week.…

Aave (AAVE), a prominent decentralized finance (DeFi) lending protocol, is currently trading around $247.41, reflecting a 6.6% decline over the past 24 hours. The price has moved within a daily range of $241.46 to $266.32. In this article, we will look at Aave next target by looking at technical indicators and latest news. For on-demand analysis of any cryptocurrency, join our Telegram channel. AAVE Next Target Current Price: $247.41 24h Price Change: –6.6% 24h Range: $241.46 – $266.32 Market Cap: ~$3.77 billion 24h Trading Volume: ~$472 million Circulating Supply: ~15.15 million AAVE Max Supply: 16 million AAVE Price had a bullish breakout from Channel Down…

AAVE price staged a sharp intraday rebound from the $240 level amid whale accumulation, but fading momentum indicators suggest the recovery may face headwinds unless key support holds. Aave (AAVE) price saw a strong rebound today, bouncing off the key $240 support level after a sharp drop from $264 yesterday. The move appears to be driven by whale activity, with on-chain activity suggesting that large holders are buying the dip in size. According to data from Lookonchain, two major whale wallets accumulated a combined 29,739 AAVE — worth approximately $7.5 million — within the past 14 hours. One of them…

Japanese Bitcoin Treasury firm Metaplanet aims to own at least 210,000 BTC in the next two years, a meteoric leap from its current 8,888 BTC holdings. In a recent post published on June 6, the Japanese investment firm unveiled its latest plan to acquire more BTC (BTC) for its Saylor-inspired Bitcoin strategy. Now, the Tokyo-based company is aiming to accumulate at least 210,000 BTC by 2027 and to raise its yearly target for 2026 from just 21,000 BTC to 100,000 BTC. According to the company’s slide deck for its “2025-2027 Bitcoin plan,” it plans to purchase even more Bitcoin than…

Bitcoin slid to fresh lows on Thursday amid a broader market pullback, triggered by an unexpected public clash between two of the most influential figures in tech and politics. A public fallout between US President Donald Trump and Tesla CEO Elon Musk was not on many’s bingo cards for the year, and the unexpected spat quickly sent shockwaves through the markets. Following a series of public exchanges over political disputes, the crypto market took a hit, leading to sharp declines across multiple assets. According to crypto.news data, market giant Bitcoin (BTC), which had held relatively steady throughout the week, dropped…

A heated feud between Musk and Trump spawned KILL BIG BEAUTIFUL BILL, a memecoin that hit a market cap of over $53 million as traders piled into the hype. The feud between the two powerhouses has been simmering for weeks, but it finally boiled over after Musk publicly broke away from the Department of Government Efficiency (D.O.G.E.), the Trump-backed initiative he once led. Musk breaks with Trump over ‘Big Beautiful Bill’ Musk took to X on Tuesday to voice his frustrations, accusing Trump’s new “One Big Beautiful Bill” of reversing all the cost-cutting progress made by the department. In typical…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Discover how Unilabs could outshine Dogecoin and Cardano in terms of utility, growth potential, and ROI. See why Unilabs might be the smarter investment choice for 2025. The Dogecoin price is currently hovering around the $0.16 support with a potential climb to $0.48. The Cardano coin is also gaining popularity on X, with over 3.4 million mentions in the past week.  Meanwhile, Unilabs Finance, a rising DeFi project that offers real-world utility, smart investment funds, and AI integration, has…