Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Bitcoin Plunges Below $101K as Elon Musk-Trump Feud Sparks Nearly $1B Liquidations

Key Takeaways: Bitcoin slumped more than 2% in the past 24 hours to dip below the $101,000 level before partial recovery. Nearly $1 billion worth of crypto long positions were liquidated, affecting more than 220,000 traders across the world. Market mood damped by heightened geopol tensions and big publicrows between key influencers. Bitcoin’s latest price…
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Fed rate cut decision to ‘impact heavily’ on if Bitcoin hits $112K: Analyst

The Federal Reserve is expected to hold interest rates this month, but a surprise cut could help drive Bitcoin to a fresh peak, says CMC Markets’ Carlo Pruscino.

Fed rate cut decision to ‘impact heavily’ on if Bitcoin hits $112K: Analyst

The Federal Reserve is expected to hold interest rates this month, but a surprise cut could help drive Bitcoin to a fresh peak, says CMC Markets’ Carlo Pruscino.

Listed UK Miner to Convert Gold Income to Bitcoin, Stock Jumps

The listed gold mining company Bluebird Mining Ventures said on June 5 it has adopted a strategy of converting gold into digital gold. Under the initiative, income streams from gold mining projects will be recycled into a proactive “Bitcoin in Treasury” management approach. This strategy, which will be achieved while maintaining minimal corporate overhead, is […]

Crypto users fail ‘basic situational awareness’ at events, says Kraken

Kraken’s security team says that at crypto conferences, it’s seen unlocked laptops, phones left unattended and public discussions about personal wealth.

AI solidifying role in Web3, challenging DeFi and gaming: DappRadar

The number of daily unique active wallets on AI-powered crypto apps grew 23% in May, eating into the market share of DeFi and Web3 gaming, says DappRadar.

Daily General Discussion – June 06, 2025

Welcome to the Daily General Discussion on r/ethereum https://imgur.com/3y7vezP Bookmarking this link will always bring you to the current daily: https://old.reddit.com/r/ethereum/about/sticky/?num=2 Please use this thread to discuss Ethereum topics, news, events, and even price! Price discussion posted elsewhere in the subreddit will continue to be removed. As always, be constructive. – Subreddit Rules Want to…
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TRON Surges Past 8 Million Daily Transactions as TRX Holds Above $0.27

TRON (TRX) has experienced relatively stable price movement over the past week, fluctuating within a narrow range between $0.276 and $0.272. At the time of writing, the token is trading at $0.2729, reflecting a weekly decline of approximately 1.5%. However, zooming out reveals a broader uptrend, with TRX gaining nearly 12% over the past month, indicating growing market interest amid a backdrop of increased on-chain activity. An assessment of TRON’s network-level data suggests the blockchain is experiencing a surge in usage. According to a recent analysis published on CryptoQuant’s QuickTake platform by contributor Darkfost, daily transaction volume on the TRON network has crossed the 8 million mark, a notable increase from earlier this year. This growth in network transactions is considered a critical indicator of underlying demand and user engagement, which could influence market sentiment around the asset. Related Reading: TRON Activity Hits All-Time High, Is a TRX Price Breakout Coming? Transaction Volume and Address Activity Show Strong Network Engagement Darkfost noted that TRON’s monthly average for daily transactions has seen consistent growth, with recent data showing a roughly 2 million increase in average daily transactions since February. The network is now processing over 8 million transactions per day, marking a more than 30% rise over the past four months. Importantly, a large share of these transactions is occurring outside centralized exchanges, pointing to the growing utility of the blockchain for peer-to-peer transfers and decentralized application (dApp) usage. This shift away from centralized platforms may reflect increased interest in TRON’s native ecosystem services and its competitive yield offerings. As more users interact directly with the network, transaction-based liquidity grows, which can contribute to stronger economic activity across the TRON protocol. Darkfost emphasized that this trend of non-exchange transactions is a positive signal for the blockchain’s real-world usage and investor adoption. TRON Active Address Metrics Reach New Highs In a separate update, CryptoQuant analyst Cryptoonchain highlighted that both the 50-day and 100-day moving averages for active addresses on the TRON network have hit their highest levels to date. This sustained rise in active wallet participation suggests a growing user base that is consistently interacting with the blockchain. While TRX’s price has not fully kept pace with the uptick in address activity, historical trends suggest that increased user engagement often precedes upward price movement. Related Reading: Analyst Explains Reason Behind Tron Price Sluggishness — Are TRX Bears Now In Control? The correlation between active address growth and price performance continues to be an area of interest. With momentum building across multiple on-chain indicators, there is a likelihood that TRON may be positioned for further gains if current trends hold. Analysis of Daily Active Addresses and TRX Price on Tron Network – All-Time Highs in Moving Averages “Historically, changes in active address trends tend to precede major price movements.” – By @CryptoOnchain pic.twitter.com/7QXqP6g1Gh — CryptoQuant.com (@cryptoquant_com) June 4, 2025 Featured image created with DALL-E, Chart from TradingView

Ukraine Cyber Crime Bust: 5,000 Accounts Hacked for Crypto Mining

Ukrainian law enforcement recently arrested a 35-year-old man accused of hacking over 5,000 customer accounts of a hosting company to mine cryptocurrency, resulting in a loss of $4.5 million. Hacker Deploys Software to Remotely Manipulate Servers Ukrainian cyber police officers and investigators from the Zaporizhia region recently arrested a 35-year-old man accused of hacking over […]

Ethereum’s inner peace

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