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A new spot Bitcoin exchange-traded fund (ETF) tied to Truth Social, the media platform owned by Donald Trump, has been filed for listing on the New York Stock Exchange. NYSE Arca submitted a Form 19b-4 to the U.S. Securities and Exchange Commission (SEC) on June 4, for the ETF’s approval. The fund aims to track
The post Just In: Donald Trump Company Truth Social Files To Launch Spot Bitcoin ETF appeared first on CoinGape.
Crypto market crashed soon after Israel launched a major military attack on Iran in early Asian hours of Friday, with liquidations soaring to more than $1.1 billion. The global markets quickly turned to a risk-off sentiment, with Gold and oil prices surging. As another major geopolitical conflict escalates, markets are likely to see greater volatility
The post Crypto Market Crash: Liquidations Top $1.1 Billion Amid Iran-Israel Conflict appeared first on CoinGape.
Starknet (STRK) remains under pressure, but signs of stabilization are beginning to emerge. Despite releasing 127.6 million tokens into circulation in its next unlock, the project is pushing forward with adoption efforts, including enabling STRK payments in 15,000 shops worldwide.
Technically, the RSI is in neutral territory, and the CMF is showing reduced selling pressure, hinting at a potential shift in momentum. However, the EMA lines still reflect a downtrend, keeping the outlook cautious for now.
Starknet was one of the most anticipated token unlocks of the third week of April, releasing 127.6 million STRK tokens worth approximately $15.71 million into circulation.
Despite this major supply event, the project is trying to build long-term utility.
Recently, it announced that STRK can now be used for payments in 15,000 shops worldwide—a move aimed at boosting adoption and real-world use cases.
From a technical perspective, STRK’s RSI is currently at 42.92, recovering from 37.29 yesterday but slightly down from 44.76 earlier today.
The Relative Strength Index (RSI) measures momentum on a scale from 0 to 100, with readings above 70 typically indicating overbought conditions and below 30 signaling oversold territory.
An RSI around 43 suggests neutral-to-bearish momentum, with sellers still maintaining some control. If RSI continues to climb, it could signal a shift toward a recovery, but for now, STRK remains in a cautious zone.
StarkNet’s Chaikin Money Flow (CMF) has improved to -0.10, up from -0.32 yesterday, signaling a reduction in selling pressure.
The CMF is a volume-based indicator that measures the flow of money into or out of an asset over time. It ranges from -1 to +1, with values above 0 indicating buying (accumulation) and below 0 indicating selling (distribution).
Although still in negative territory, the rise toward the neutral line suggests that bearish momentum is weakening. A CMF reading of -0.10 points to moderate outflows, but the upward shift could hint at growing interest from buyers.
If this trend continues and CMF crosses into positive territory, it may support a short-term recovery in STRK’s price.
Starknet’s EMA lines continue to reflect a downtrend, with short-term averages positioned below long-term ones—a classic bearish setup.
If this pattern holds and selling pressure increases, STRK could decline further to test the support level near $0.109.
However, if momentum shifts and STRK manages to reverse the current trend, it could begin retesting key resistance levels at $0.137 and $0.142.
A breakout above these zones may open the path toward $0.158, signaling a stronger recovery.
The post Starknet (STRK) Eyes Recovery With Improving Indicators appeared first on BeInCrypto.
The post Ethereum’s $4,300 Test: Can the ‘Microsoft of Crypto’ Lead XRP and Dogecoin Higher? appeared first on Coinpedia Fintech News
Real Vision CEO and billionaire investor Raoul Pal recently said he’s still very positive about Ethereum. He called its long-term chart “a thing of beauty” and believes the future financial system will be built on Ethereum. According to him, no other blockchain is as trusted or widely used.
Even though Solana has been doing well, Pal thinks ETH could perform better in the long run. He said big companies and banks prefer to build on Ethereum because it’s safe, reliable, and has a huge community of developers. It’s like Microsoft in the business world — trusted, easy to use, and everywhere.
He added that banks also like Ethereum’s layer-2 solutions because they give more control while still using the strong security of Ethereum’s main network. In the end, Pal believes ETH could surprise everyone, especially if it crosses $4,300. He also thinks coins like XRP and Dogecoin might do well too, since most cryptos tend to move together.
Pal explained that Ethereum’s price chart is showing a flag pattern, which usually means a big move could be coming. If ETH breaks out, it might change how people think about it.
Currently, Ethereum is stuck below $2,500, facing resistance near $2,540-$2,550. Analyst Ali Martinez has also hinted that Ethereum could be starting its new bull run. The MVRV Ratio has flipped from bearish to bullish, a strong sign that momentum is now favoring the bulls. Whales have accumulated over 450,000 ETH in the past month.
Exchange data also confirms the trend, with nearly 1 million Ethereum having been withdrawn since April, reducing sell pressure. If Ethereum stays above $2,200, it could rise to $3,000 and maybe even $4,000 as buying momentum grows, the analyst says. According to experts, altcoin bull markets start quietly, with doubts and big selloffs initially, but then come the big gains.
The post Ethereum’s $4,300 Test: Can the ‘Microsoft of Crypto’ Lead XRP and Dogecoin Higher? appeared first on Coinpedia Fintech News
Real Vision CEO and billionaire investor Raoul Pal recently said he’s still very positive about Ethereum. He called its long-term chart “a thing of beauty” and believes the future financial system will be built on Ethereum. According to him, no other blockchain is as trusted or widely used. Even though Solana has been doing well, …