Bitcoin News Reader - Coinhills

Audiera price rises 28% to $5.44 as BEAT ranks among the top crypto gainers, while $4.2 million in short liquidations and an RSI of 94.54 increase pullback risk.

New York financial regulators have moved to update the state’s stablecoin rules as the federal government prepares to implement the GENIUS Act, a law that will reshape how payment stablecoins are supervised across the United States. The New York State…

XRP is trading on shaky ground near $1.11 as a fresh selloff threatens to drag it under $1.10, even as Ripple puts its RLUSD stablecoin to work funding clean-water access for millions of people. A Price on Shaky Ground XRP has slipped into a precarious technical setup, breaking below a bullish trendline support at $1.1620 […]

Key Takeaways MUFG, SMBC, and Mizuho confirmed a joint agreement to issue a yen-backed stablecoin by March 2027. The token runs on Progmat, a distributed ledger platform developed by MUFG alongside NTT Data. Primary use case targets securities settlement and wholesale B2B cross-border payments, not retail consumers. A US dollar-pegged version is planned to follow the yen launch w

MUFG, SMBC and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins.

A 2021 Citibank document that used the phrase “Regulated Internet of Value” sits at the center of a new XRP debate, after researcher Jesse of Apex Crypto Insights argued the wording was later shifted to “Regulated Liability Network” because the link to Ripple was too obvious. He says that paper trail, along with years of weak price action, points to a token that may be held down f

Ant International has weighed a $1 billion fundraising round at a valuation of at least $10 billion as the Singapore-based fintech unit posts eight straight quarters of profitability and expands its cross-border payments business. According to Bloomberg, Ant Group’s overseas…

Humanity Protocol price rebounds 23% after a $36M exploit, but bearish momentum, falling open interest and a June unlock may limit recovery.

Key Takeaways BTC traded 20% above the realized price of $53,391 on June 4. The realized price reflects the aggregate cost basis of all Bitcoin holders combined. MVRV ratio sits at 1.1, its lowest level since the 2022 bear market floor. SOPR dropped to 0.986, meaning holders are actively selling at a loss. Exchange reserves fell to 2.71M BTC, the lowest reading in this data series

Bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value. A Drawdown Not Seen Since 2022 Bitcoin closed out one of its ugliest stretches in years, dropping about 17.3% while ether fell roughly 22%, the largest weekly declines […]

The $54 support level is critical for the Hyperliquid price. HYPE futures open interest has fallen to $5.86B, triggering a leveraged unwind. Crypto Fear and Greed Index hit 15 as Bitcoin ETF outflows drove risk-off selling. The Hyperliquid price has dropped 11% in 24 hours to $55.35, making it one of the hardest-hit assets in an already rough day for crypto. While the broader cryp

XRP holders are capitulating, according to data tracked by Glassnode. That suggests a bottom may be near.

The European Commission has proposed sanctions on 20 non-EU entities, including crypto platforms, as part of a new package that could introduce the bloc’s first country-level ban on foreign crypto services linked to Russian sanctions evasion. According to the European…

Bitcoin has been forming a pattern for years now, and even with the uncertain price movements, this pattern has now finally be completed. This was explained by crypto analyst Bitcoin Teddy on the X social media platform, showing this pattern, how it was formed, and what the implications are for this formation on the Bitcoin price. The Mid-Year Cup And Handle Pattern That Was Years