Author: Cointelegraph By Ciaran Lyons

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Analyst targets $91.5K Bitcoin next despite Fed’s ‘hawkish tone’

Pseudonymous analyst CryptoCon is confident Bitcoin will surge 25% above current all-time highs — its next big “step” before cracking the cycle’s top of $123,982. Source link

‘Vast majority’ of ETF flows could be driven by arbitrage: Raoul Pal

Retail investors are not a “key driver” of spot Bitcoin ETFs, with a majority of inflows coming from arbitrage trading hedge funds, according to Raoul Pal. Source link

BTC average change in retail demand falls to 5-month low, could a 75% rally be next?

The average monthly change in Bitcoin retail demand has waned over the last month, with one analyst noting it could be a precursor to a price surge seen earlier this year. Source link

Sky Mavis wants to escape Discord, SocialFi boosts gaming revenue: Web3 Gamer

Web3 games build communities on Discord but Sky Mavis wants that to change, SocialFi is the key to increased game revenue, MetaRun review. Source link

Bitcoin volatility hovering within 6% of record low levels

Before the June 7 price decline, Bitcoin’s volatility over the previous 15-day period sat within “the bottom 6% of occurrences.” Source link

Bitcoin return to $71K would wipe $1.38B shorts

If Bitcoin returns to the price it has been hovering around for the previous two days before the slight dip, it would wipe a considerable amount of short positions. Source link

Donald Trump doubles down on crypto support at fundraiser event — Report

Donald Trump reportedly announced his goal to be the “crypto president” at the event, where he raised $12 million. Source link

Crypto market tumble seen as quick shakeout, traders expect 'bullish' rebound

Cryptocurrency traders believe that the recent market downturn is just a “shakeout” and there is a “bullish continuation” on the horizon. Source link

108 ex-prosecutors, feds echo calls to rescue Binance exec in Nigeria

The potential consequences of the United States government not helping Tigran Gambaryan are “dire,” according to a cohort of former federal prosecutors and agents. Source link

Why isn’t the BTC price moving despite billions in ETF inflows?

Spot Bitcoin ETFs in the United States have just notched their 19th day of inflows. Traders explain why it hasn’t led to a surge in the price of Bitcoin. Source link