Key points: Bitcoin seeks to take liquidity around $106,000 as traders hope for a sustained price recovery. Significant support is in place down to $97,000, boosting the odds of price holding. Profit-taking is underway but lacks the intensity of classic cycle tops, research says. Bitcoin (BTC) retargeted $106,000 after the June 3 Wall Street open…
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Bitcoin mining company Cango produced nearly $100.5 million worth of Bitcoin in the two months following its full pivot to crypto mining, the company announced on June 3. Cango mined 954.5 Bitcoin (BTC) after going all-in on mining. Of the total haul, 470 BTC were mined in April and 484.5 BTC in May. This follows…
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Mara Holdings, one of the largest publicly traded Bitcoin mining companies in the United States, has significantly increased BTC production in May despite growing mining difficulty and rising hashrate. Mara produced 950 Bitcoin (BTC) in the month of May, recording a 35% increase month-over-month (MoM), the company reported in its unaudited BTC production update published…
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Key takeaways ChatGPT can simplify and accelerate crypto analysis by interpreting market data, summarizing sentiment and generating strategy templates. Real traders use ChatGPT for bot development, technical interpretation and backtest simulation, showing practical applications beyond theory. Its strength lies in augmenting, not replacing, human trading decisions, especially when paired with tools like TradingView and LunarCrush.…
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Cryptocurrency investment deals fell to their lowest point of 2025, as analysts cited a mix of market-specific and macroeconomic factors behind weakening venture capital (VC) activity. Only 62 rounds were completed in May, a monthly low last seen in January 2021, according to data from crypto analytics platform RootData. Despite the drop, the 62 investment…
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Android banking trojan Crocodilus has launched new campaigns targeting crypto users and banking customers across Europe and South America. First detected in March 2025, early Crocodilus samples were largely limited to Turkey, where the malware posed as online casino apps or spoofed bank apps to steal login credentials. Recent campaigns show it now hitting targets…
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Tether has moved a combined 37,229.69 Bitcoin, worth approximately $3.9 billion, to addresses linked to the new Bitcoin-native financial platform, Twenty One Capital, led by Strike CEO Jack Mallers. Tether CEO Paolo Ardoino posted two transfers totalling 11,417 BTC ($1.2 billion) in a June 3 X post. In one transaction, the stablecoin issuer transferred 10,500…
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Coinbase’s recent data breach is prompting renewed calls to remove Know Your Customer (KYC) requirements in licensed cryptocurrency exchanges. Illicit actors bribed the exchange’s overseas customer service agents in December 2024 to gain access to the personal information of 70,000 users. In May, Coinbase admitted that hackers had obtained data such as government-issued ID photos…
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Key takeaways: Bitcoin price consolidates around $105,000 as liquidity builds up on either side of the spot price. After failing to flip $106,000, BTC/USD is retracing to establish support, but $100,000 is a key level of interest for Bitcoin traders. Bitcoin’s (BTC) price trades 6% below its all-time highs of $111,900, and traders warn the…
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Multimillionaire cryptocurrency trader James Wynn has opened a second leveraged Bitcoin position for nearly $100 million, just days after being liquidated from a similar trade. According to blockchain data aggregator Hypurrscan, the position is set to be liquidated if Bitcoin (BTC) falls below $103,630 and is currently showing an unrealized loss of over $592,000. The…
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