Category: Cryptocurrency News

In case you’ve been living under a rock, Trump’s been making TACOs recently. The acronym, for Trump Always Chickens Out, has become a major talking point when analyzing Trump’s ongoing trade war. Could it explain why most cryptos are trading sideways at the moment? Given the market uncertainty due to Trump’s constantly changing trade wars, Bitcoin is losing some of its shine, and people are asking, What are the best altcoins to buy now? Time for a closer look. Trump, Master of Unpredictability, Continues His Work What’s the single biggest factor limiting crypto growth right now? It’s not the US regulatory environment, which is increasingly pro-crypto. Indeed, right now Congress is in session debating a landmark stablecoin bill. It’s not even the US economy, which has proven surprisingly resilient. It’s Trump’s approach to the trade wars he himself initiated. On key geopolitical issues, like the war in Ukraine, Trump shows signs of changing his tune. And on tariffs and direct trade-related matters, he’s again demonstrating his trademark indecision, with a surprise increase in steel and aluminum tariffs (mostly targeted at China) the latest development. The cryptocurrency market has had to grapple with the fallout, as President Trump’s erratic economic strategies cast a shadow over investor confidence and stall the momentum of digital assets. That was clear in $BTC ETF outflows following Trump’s latest announcements. A net $430M outflow on Friday and another $130M on Monday highlight how rattled investors are. Adding to the risk potential is the approaching end to the 90-day ‘pause’ in tariffs Trump placed on most US trading partners. We’re well over halfway through the pause period, and sky-high tariffs could resume as early as July unless something changes. And yet, TACO uncertainty hasn’t caused widespread losses, but rather a curious mixture of gains, sideways trading, and localized losses. Market Stability Hides Crypto Gains and Falls For one thing, Bitcoin has remained remarkably stable, mainly trading sideways around $105K. There’s not a lot of movement lately, with $BTC down around 0.2% over the past 24 hours. Despite this, market sentiment remains pro-Bitcoin, with news of more companies moving to purchase Bitcoin. Beyond Bitcoin, the rest of the crypto market is a mixed bag. Solana ($SOL) – down 9.4% over the past week, as questions remain about proposed $SOL ETFs Dogecoin ($DOGE) – down 15% over seven days, even as Elon Musk leaves the US Department of Government Efficiency (DOGE) XRP ($XRP) – down 5.34% over the week, even while trading volume remains high Cardano ($ADA) – down 10.33% in a week, but up 3.16% daily, fighting to break through a key $0.70 price barrier It can’t all be blamed on Trump; $XRP and $ADA’s trials could be down to their waiting on the SEC for long-running ETF applications. But, as far as uncertainty goes, even SEC Commissioner Caroline Crenshaw says the SEC needs to do more to provide clarity. While Trump and the SEC decide what to do next, crypto presses on. Here are three of the best altcoins poised to quietly make big gains despite the uncertainty. BTC Bull Token ($BTCBULL) – Free Bitcoin Airdrops for $BTCBULL Holders What’s one way to profit from crypto? Build a project around the most profitable crypto, Bitcoin itself. BTC Bull Token ($BTCBULL) does just that. Buy $BTCBULL, hold it on your Best Wallet app, and you could earn free $BTC when Bitcoin’s price reaches $150K and $200K. You can also look forward to a mega $BTCBULL airdrop when Bitcoin reaches $250K. It’s one of the easiest ways to diversify your exposure to Bitcoin. With $BTCBULL, you have four ways to earn: Presale $BTCBULL staking $BTCBULL price increase post-launch $BTC airdrop for token holders using Best Wallet app $BTCBULL airdrop when Bitcoin hits $250K On the other hand, token burns for $BTCBULL are programmed for when $BTC hits $125K, $175K, and $225K, reducing supply and driving up the price of $BTCBULL. This Yin and Yang structure of alternate airdrops and token burns keeps BTC Bull Token moving in tandem with $BTC, though at a far, far lower price. $BTCBULL currently costs just $0.002545, but our price prediction shows the token could increase 230% to reach $0.0084 by year’s end. Remember to hold your tokens in the Best Wallet app and stay tuned to the $BTCBULL X channel to ensure you get your share of those airdrops. When the requirements are posted, act fast to secure your free Bitcoin. Visit BTC Bull Token presale page. Cardano ($ADA) – Will Growing Adoption Power $ADA Past Resistance? Cardano has an interesting story. Only a few years ago, it was touted as one of the legendary ‘Ethereum killers,’ heir to Ethereum’s spot as the number 2 crypto behind Bitcoin. Cardano and XRP, among others, were tipped to break through with faster transaction speeds and lower fees, stealing Ethereum’s crown as the leading DeFi protocol. These days, though, Ethereum seems safer than ever in second place. So, rather than try to replace Ethereum, chains like Cardano have evolved alongside it. The Cardano network recently passed 110M transactions, indicating broad adoption and support. And yet, the token’s price hasn’t been able to break through the $0.70 resistance mark, held back by futures volatility and ETF uncertainty. If it does push through, could Cardano make big gains and return to its recent highs above $1.20? Best Wallet Token ($BEST) – Top Utility for Next-Generation Crypto Wallet Best Wallet Token ($BEST) is the native token of a top Web3 wallet, Best Wallet. Aside from being non-custodial, no-KYC, multi-chain, and highly secure, the Best Wallet app is the only crypto wallet focusing on presales. It offers a built-in ‘Upcoming Tokens’ section that gathers the top crypto presales in one place, letting investors research and purchase tokens long before they reach the open market. The $BEST token dials wallet functionality up to 11, adding: Early access to the best new crypto projects Higher staking rewards Reduced transaction fees $BEST holders can also participate in community governance and make their voice heard on the direction of the project. The Best Wallet app is easy to use without compromising security. Best Wallet users can also look forward to the arrival of Best Card, which will let them use crypto to pay for goods and services offline as easily as using a credit card. The Wallet + Card +Token combo could push $BEST to $0.035215– up 40% from its current $0.025125, as our price prediction shows. Learn how to buy Best Wallet token, and join a presale already past the $12.9M mark. Visit Best Wallet Token. Will Trump TACOs Deliver Good Deals? The big question with TACO is this; is Trump shooting from the hip, or orchestrating a masterful deal? If uncertainty continues, Bitcoin and the best altcoins could continue to muddle along without significant gains or losses. But if Trump demonstrates his art of the deal one more time, it could send Bitcoin – and $BTCBULL, $ADA, and $BEST – rocketing upwards. Remember, though – always do your own research. This is not financial advice.

Texas Representative Brandon Gill faces scrutiny after filing late disclosures for $500,000 in Bitcoin trades, as questions over timing and STOCK Act violations arise.

Ethereum is changing hands near $2,600 in midday European trading on 3 June, trimming minor overnight gains but still holding a six-week up-trend that began in late April. In a new video analysis, technical strategist Kevin (@Kev_Capital_TA) argues that the price plateau masks a structural shift now visible on every major Ethereum chart. “I’m seeing things that are so historical that I had to make a video about it—it just cannot be ignored,” he told viewers at the outset. Ethereum Flashes Bullish Setup Not Seen Since 2020 On the monthly ETH-USD chart, Kevin begins by zooming out to the monthly ETH-USD chart. The price, he reminds viewers, has “done nothing but trade in a massive range” ever since April 2021, masking the kind of compression that often precedes violent expansion. The tell-tale turn, in his view, came this April when Ethereum wicked into the $1,400 area only to reverse and close with a candle he labels a “massive demand candle.” That pattern, he notes, has appeared only twice before on a monthly ETH chart—each time after a major correction and each time followed by sustained upside. The May candle delivered confirmation: a 41% body that lifted price back above the long-term super-trend, an area many technicians had already written off as “guaranteed to break.” Related Reading: Ethereum Supply On Exchanges Hits 7-Year Low – Breakout Loading? What makes the structure “so historical,” Kevin argues, is the alignment of high-momentum indicators that rarely fire together. The monthly stochastic RSI is about to execute what he calls a “V-shaped cross” out of oversold territory; the last clean cross marked the 2020 macro bottom. The MACD histogram, meanwhile, has been compressing into what he likens to a symmetrical triangle that has taken four years to complete, signalling “coiled energy” that can only resolve in a large directional move. Even on-chain money-flow readings, he says, are “tied for the lowest level in history—but already reversing,” implying that deep-pocketed holders have begun to accumulate while retail sentiment remains subdued. Kevin then pivots to the dominance metrics that, in his framework, dictate whether a move in Ethereum can spill over into the broader altcoin market. On Ethereum-dominance he pulls up Heikin-Ashi candles to show the first green print in more than a year exactly at the zone that formed the 2019–20 base. “We’re at the same spot ETH dominance bottomed in 2019,” he says, pointing to a series of demand candles that mirror the pre-bull-run pattern of the last cycle. A Market Cipher buy signal has just appeared, the VWAP has crossed the zero line, and money flow is curling up from all-time-low depths. In Kevin’s view, the implication is clear: “Whales are starting to accumulate, and nobody is paying attention.” Related Reading: Ethereum Price At $8,000: Pundit Predicts Parabolic Run For ETH The ETH/BTC ratio completes the trifecta. Here Kevin shows the pair tagging the 0.5 Fibonacci retracement of the entire 2020-21 advance, printing its own demand candles and flipping green on the Heikin-Ashi readout. More striking to him is the monthly stochastic RSI, which has spent 1,066 days—almost three full years—below the 20 threshold that traditionally marks bear-market exhaustion. “It’s game time,” he declares. “This thing is getting ready to cross back up, and the negativity on ETH is happening right under everyone’s nose.” Underlying the technical case is a macro backdrop Kevin believes is becoming incrementally supportive. “You don’t actually need the Fed to cut,” he tells viewers. “We just need guidance—looser policy on the horizon, decent inflation prints—and Ethereum will do the rest.” Historically, he argues, a decisive rotation in ETH has been the trigger for what he calls “durable altcoin outperformance,” because it signals that risk capital is migrating down the market-cap spectrum. In that sense, a true Ethereum breakout is less a single-asset story than a signal for an entire sector. Sceptics will note that Ethereum still faces heavy resistance in the $2,800–3,000 zone and that previous rallies have stalled at that ceiling. Kevin concedes the level is critical but insists the weight of monthly signals makes a sustained breach increasingly likely. “These are monthly timeframes,” he cautions. “They don’t play out overnight, but the evidence says the multi-year bear market in ETH-BTC is ending.” At press time, ETH traded at $2,607. Featured image created with DALL.E, chart from TradingView.com

Sberbank, Russia’s largest financial institution, has announced the issuance of the first batch of structured bitcoin bonds. The instruments are currently offered to a limited number of qualified investors, but the bank expects to provide more crypto-linked securities soon. Sberbank Pioneers Bitcoin Bonds in Russia Cryptocurrency is slowly starting to become a mainstream asset in […]

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Paris-based Blockchain Group has acquired $68 million in Bitcoin, bringing its total holdings to 1,471 BTC amid rising institutional interest in crypto treasury strategies.

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Ripple’s RLUSD stablecoin will support the Dubai Land Department’s blockchain initiative to tokenize real estate title deeds on the XRP Ledger.

Consensys has announced the acquisition of Web3auth, a provider of key management and embedded wallet infrastructure, aimed at enhancing the user experience and security of its Metamask wallet. According to Consensys this acquisition addresses significant risks associated with seed phrase management, as recent data indicates that 35% of users do not back up their seed […]