Category: News

HTX, a leading global cryptocurrency exchange, has announced the launch of the sixth phase of its Crypto Gem Hunt program. Amidst a crypto market characterized by persistent volatility, with Bitcoin fluctuating between $100,000 and $110,000, market sentiment remains largely influenced by macroeconomic policies, regulatory developments, and speculative behavior. Against this backdrop, HTX’s Crypto Gem Hunt leverages rigorous data analysis and a meticulous selection process to spotlight seven standout projects. These projects are strategically positioned for growth and demonstrate strong community engagement. The selected assets span some of today’s most dynamic sectors—including RWA/DeFi, AI, Meme, LSD, and SocialFi—and feature both promising new entrants and well-established projects that have recently outperformed broader market trends.

New Listings Shine Across a Well-Balanced Sector Mix

In May, HTX listed 23 new assets, including six stablecoins, an approach that underscores its commitment to staying at the forefront of the stablecoin trend and expanding its asset offerings. Notably, USD1 made its global debut on HTX. The token, issued by World Liberty Financial (a company backed by the Trump family), focuses on building a DeFi lending ecosystem in the United States. USD1 quickly gained traction as one of May’s most discussed projects on social media and received an S rating.

Besides USD1, two other new assets in Crypto Gem Hunt #6 have stood out:

• SYRUP (Maple Finance), a key player in the RWA/DeFi sector, experienced an impressive 117.7% surge following its listing on May 8, earning an A rating. SYRUP is the native token of Maple, a decentralized lending protocol that allows users to deposit USDC, receive syrupUSDC, and earn yield. All loans are collateralized by digital assets, ensuring both strong security and sustainable returns.
• KAITO, an innovator in the InfoFi/AI sector, recorded a remarkable 263.6% increase since its listing on HTX on February 23, securing an A rating. KAITO is building an AI-driven crypto information network that streamlines content distribution among creators, users, and capital. By empowering the content ecosystem, KAITO is positioning itself at the forefront of the convergence between crypto and AI.

Veteran Projects Regain Momentum, Fueling Compelling Narratives

Despite continuous shifts in market dynamics, a select group of earlier-launched projects are demonstrating remarkable resilience. Backed by strong product fundamentals and vibrant community support, they’ve recently returned to the spotlight with evolving narratives and renewed momentum, capturing the attention of both investors and users.

Two Meme projects from last September, MOODENG and NEIROCTO, serve as notable examples: 

• MOODENG, built on the Solana (SOL) chain, surged an incredible 961.5% and received an A rating. Inspired by the famous pygmy hippopotamus from Thailand, MOODENG’s unique design, strong community, and viral momentum propelled it to a nearly tenfold increase post-launch.
• NEIROCTO (First Neiro On Ethereum) is community-driven and carries on the spirit of Doge. Since its launch on September 7, 2024, it has seen a peak increase of 235%. Through consistent operational efforts and content-driven initiatives, NEIROCTO has cultivated a highly engaged Meme community.
• ETHFI (ether.fi), launched in March 2024, emerged during the boom of the LSD sector and has since recorded a 258.7% increase. With rising interest in LSD solutions within the Ethereum ecosystem, ETHFI shows strong growth potential and a solid track record.
• MASK (Mask Network), launched in 2021, is a SocialFi project that recently gained 187.3%. Acting as a bridge between Web2 (traditional internet) and Web3 (decentralized internet), MASK integrates decentralized applications into mainstream social media via a browser plugin. Recent feature updates and community efforts have significantly contributed to its price recovery.

HTX Crypto Gem Hunt Empowers Users Across Market Cycles

To date, HTX has launched six rounds of its Crypto Gem Hunt program. The latest selection features not only high-growth new assets from emerging sectors but also established projects that have recently delivered strong performance. Together, these assets offer users a well-balanced portfolio—combining defensive stability with high-upside potential.

Looking ahead, HTX Crypto Gem Hunt will continue to empower users through professional, intuitive asset discovery supported by robust data and forward-looking analysis.

About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

The post HTX Crypto Gem Hunt #6: Identify 7 Premium Assets with Strong Market Potential appeared first on BeInCrypto.

Bitget exchange, in collaboration with blockchain security firms SlowMist and Elliptic, has exposed the terrifying anatomy of the most advanced crypto scams in recent times.

These findings come amid rising security incidents, ranging from high-profile attacks to government involvement in crypto laundering attacks.

AI Deepfakes, Social Tactics Behind 2025 Crypto Scam Rise: Bitget Report

The report cites AI deepfakes, weaponized psychology, and social engineering. It lays bare how bad actors use synthetic videos, virtual identities, and fake crypto meetings to deceive users and dismantle trust in the Web3 ecosystem.

A key finding in the report is that in 2025, scams will go beyond stealing user keys to hijack victims’ realities. From celebrity deepfakes to Trojan job offers and fake Zoom meetings, the latest scams blend high-tech deception with low-tech manipulation.

Bitget’s report categorizes the most dangerous threats under three pillars: deepfake impersonation, social engineering scams, and advanced Ponzi schemes. The most insidious are deepfakes.

AI Deepfakes Blur the Line Between Real and Fake

In early 2025, Hong Kong police arrested 31 individuals in a deepfake scam syndicate. Perpetrators stole $34 million by impersonating crypto executives during fake investment calls. This was just one of 87 similar operations dismantled across Asia in Q1 alone.

“…attackers using AI synthesis tools to fabricate audio and video likenesses of well-known project founders, exchange executives, or community KOLs in order to mislead users. These fabricated materials are often highly realistic,” read an excerpt in the report shared with BeInCrypto.

With tools like Synthesia, ElevenLabs, and HeyGen, attackers fabricate dynamic likenesses of public figures. Named victims include Elon Musk and Singapore’s Prime Minister. Bad actors create convincing videos to promote fraudulent platforms.

These videos are often distributed on social channels like Telegram, X (Twitter), and YouTube Shorts. Based on the report, they turn off comments to maintain a façade of legitimacy.

One case involved deepfake clips of Singapore Minister Lee Hsien Loong endorsing a “government-backed crypto initiative.” The campaign reportedly ensnared thousands before it was flagged.

Zoom, but Make It a Scam

Another disturbing tactic involves impersonating Zoom. Victims receive fake meeting invites from “crypto executives,” prompting them to download Trojan-laced software.

During the meeting, scammers use deepfake avatars and fabricated credentials to trick users into sharing wallet access or approving malicious transactions.

“The people luring you to download fake Zoom for meetings are extremely persuasive, making you feel it’s unlikely to be fake. A key point is that the participants you see during the meeting are actually displayed using deepfake videos… Don’t doubt it, in the AI era, video and voice forgery can be extremely realistic…,” SlowMist founder Cos shared on X.

Once inside the system, attackers can access browser data, cloud storage, or private keys, exposing users to total account compromise. These multi-layered attacks represent a new “identity hijack” category combining technical infiltration and social trust manipulation.

Social Engineering to Exploit Human Vulnerability

Bitget’s report stresses that modern scams rely as much on psychology as code. One notable trend is the rise of “AI arbitrage bot” scams, where scammers promise effortless gains using ChatGPT-branded smart contracts.

Bad actors trick users into deploying malicious code via fake Remix IDE pages, and their funds are instantly rerouted to scammer wallets.

What’s worse? These schemes are often small-scale, targeting victims for $50–$200 at a time. While the losses are minor enough to deter pursuit, they are frequent enough to generate large cumulative profits for attackers.

Ponzi Schemes Behind Promised Yields

Beyond AI-generated scams, Bitget also warns that traditional Ponzi and pyramid schemes have not disappeared, but have mutated. Specifically, these scams have undergone a “digital evolution,” leveraging on-chain tools, rapid viral marketing, and the illusion of legitimacy through smart contracts.

Instead of opaque offshore bank accounts, modern-day fraudsters attract victims through Telegram groups, Twitter hype, and tokens with built-in referral mechanics.

Smart contracts give these scams a thin veneer of decentralization and transparency. Meanwhile, carefully obfuscated tokenomics mimic legitimate yield structures until the inevitable collapse.

A potent mix of social engineering and digital virality is fueling this transformation. Influencers and anonymous promoters often seed these scams through memes, testimonials, or even AI-generated videos posing as reputable figures.

Projects disguised as “community-driven” DAOs or staking protocols rope users in with unsustainable returns, creating a frenzy of buy-ins that mask the exit liquidity strategy.

As regulation struggles to catch up, the speed and scale at which these digital Ponzi schemes propagate make them harder to track.

A Call for Skepticism and Collective Defense

Against this backdrop, Bitget has launched a dedicated Anti-Scam Hub, integrating real-time behavioral analytics to flag suspicious activity.

It has partnered with Elliptic and SlowMist to trace illicit fund flows and dismantle phishing infrastructures across multiple chains.

The report urges users to verify all asset-related instructions across multiple channels, noting that visual and auditory credibility is no longer enough. It also encourages projects to adopt on-chain signature broadcasts and maintain a single verified communication channel.

With scams advancing, so must user and ecosystem defenses. The crypto industry now faces a dual challenge: safeguarding assets and rebuilding user trust in a digital world where anyone can be anyone.

This report is timely, only hours after President Santiago Peña’s tweet claimed Paraguay adopted Bitcoin as legal tender. However, his X (Twitter) account was compromised, with red flags ranging from a Bitcoin wallet address to suspicious language, raising scam concerns.

Paraguay President’s X account was hacked.

The hacker claimed Bitcoin is now legal tender,

Paraguay holds a $5M BTC reserve, and there’s a crypto bond program.

It was all fake but the markets blinked.

Hacker: BTC is legal tender in Paraguay

CT:

Paraguay: That’s not… pic.twitter.com/wcYxXNiE4j

— Justin Wu π (@hackapreneur) June 10, 2025

Similarly, recent reports also indicated that North Korean IT workers used fraudulent identities to bypass KYC checks. BeInCrypto reported that they funnel crypto earnings back to the regime for its weapons program.

These incidents highlight the growing threat of bad actors in crypto, echoing the need for extra caution.

The post New Bitget Report Shows Harrowing Details of DeepFake and Zoom Crypto Scams appeared first on BeInCrypto.

Bitget, the leading cryptocurrency exchange and Web3 company, has released its 2025 Anti-Scam Research Report in partnership with blockchain security firms SlowMist and Elliptic.

The report reveals that global crypto scam losses surged to $4.6 billion in 2024, with deepfake technology and social engineering emerging as the dominant tactics behind high-value thefts. The publication marks the official launch of Bitget’s Anti-Scam Month, a month-long initiative dedicated to security education and ecosystem-wide awareness.

The report highlights how AI-powered scams have moved beyond phishing emails to include fake Zoom calls, synthetic videos of public figures, and Trojan-laced job offers. Among its key findings, the report identifies three primary scam categories—deepfake impersonation, social engineering schemes, and Ponzi-style projects cloaked in DeFi or NFT branding—as the leading causes of user loss. It also outlines how stolen funds are funneled through cross-chain bridges and obfuscation tools before reaching mixers or exchanges, complicating enforcement and recovery efforts.

Additional insights include case studies from major scam incidents in Hong Kong, the rising use of Telegram and X (Twitter) comment sections as phishing entry points, and the continued growth of professionally run fraud rings operating across borders.

“The biggest threat to crypto today isn’t volatility—it’s deception. That’s why Bitget has designated the entire month of June as Anti-Scam Month—an initiative to elevate industry standards and user awareness. This report is the flagship release within that effort. AI has made scams faster, cheaper, and harder to detect. At Bitget, we believe fighting back requires both technological rigor and ecosystem-wide collaboration. Our goal is to help users trade smarter, not just faster.” said Gracy Chen, CEO at Bitget.

The report also details how Bitget’s Anti-Scam Hub, innovative detection systems, and a $500M+ Protection Fund are being actively deployed to mitigate user risks. SlowMist provided detailed forensic insights into scam tactics, ranging from address poisoning to job offer Trojans, while Elliptic examined the laundering patterns of stolen cryptocurrency through cross-chain bridges and mixer platforms.

“Criminals are constantly evolving their methods of attack, using AI and finding new ways to scale their activities. This means that reciprocally, we are also working to scale our technology and blockchain capabilities to track and identify the new methods criminals are using. Our work with Bitget reflects a shared urgency to expose these evolving threats and give users the tools to protect themselves,” said Arda Akartuna, Lead Crypto Threat Researcher, Elliptic, APAC. 

“This report reflects the real-world patterns we’re seeing on-chain every day. From phishing rings to fake staking dApps, the tactics may change—but the psychology is always the same. Users must be informed, skeptical, and security-minded at all times,” said Lisa, Security Operations Lead, SlowMist.

The report closes with actionable recommendations for both users and institutions, including scam red flag indicators and best practices for avoiding common traps in DeFi, NFT, and Web3 environments.

For the full report, please visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices.

Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

The post Bitget Anti-Scam Report Shows AI-Related Scams Drive $4.6B in Crypto Losses in 2024 appeared first on BeInCrypto.

Analysts are pointing out that Ethereum (ETH) has now gathered several key factors. These are the very catalysts investors have long awaited to trigger a powerful new rally.

In June, these signals are becoming more evident, forming a solid foundation for short-term price expectations. So, what are these factors? Let’s dive in.

Why ETH May Be on the Verge of Its Biggest Breakout Ever

Axel Bitblaze, a well-known analyst on platform X, believes ETH is on the verge of its biggest breakout ever. According to him, four main catalysts are laying the groundwork for ETH’s upcoming strong growth.

One major reason Axel Bitblaze remains bullish on ETH is BlackRock’s aggressive accumulation. Since May 9, 2025, BlackRock has bought 269,000 ETH—worth roughly $673.4 million—without selling a single coin. This signals a long-term investment strategy in ETH.

Previously, BlackRock helped lead Bitcoin’s (BTC) price surge from $76,000 to $112,000, driven by massive inflows into its ETF. Now, with similar moves happening for ETH, many analysts believe this is a strong signal that ETH could soon break out.

Additionally, the latest report from BeInCrypto notes that ETH has recorded the strongest inflow streak since the US elections.

The second factor Axel Bitblaze highlights is the significant increase in Ethereum’s network activity. Last month, the number of transactions on the Ethereum network reached 42 million, the highest since May 2021. At the same time, daily active addresses rose to 440,000—also the highest in the past six months.

This reflects the network’s growing usage, particularly in areas like decentralized finance (DeFi) and stablecoin transactions.

The third factor Axel points out is that the ETH/BTC ratio has dropped to its lowest level in six years. The weekly RSI has also hit a record low, suggesting ETH is currently oversold. This often signals a potential trend reversal.

Moreover, over the past month, the ETH/BTC pair has already recovered by 30%, serving as an early confirmation of a possible reversal.

Finally, he highlighted the institutional demand for ETH as demonstrated by SharpLink Gaming recently raising nearly half a billion dollars to purchase ETH.

Based on these developments, Axel Bitblaze predicts that ETH could reach $9,000 by early 2026.

“By December 2025, ETH could trade around $6,000 to $6,500. The final leg up will happen in Q1 2026, and ETH will most likely trade above $9,000 before a blow-off top,” Axel Bitblaze said.

Beyond the catalysts Axel emphasized, the amount of ETH being staked hit a new high in June, with 4.65 million ETH now locked, nearly 30% of the current circulating supply.

This rise in staked ETH has pushed the available exchange supply to new lows in June. With supply tightening and institutional demand rising, pressure is building for upward price movement.

Is Ethereum Poised for a 2017-Like Rally?

In addition to Axel Bitblaze’s analysis, veteran trader Merlijn The Trader compared ETH’s current price cycle to the 2017 bull run. He believes ETH is now structurally positioned for an even stronger breakout.

“ETH IS COPYING 2017… BAR FOR BAR
2017: Breakout after reclaiming the 50 MA
2025: Same setup. Same level. Same tension.

Only difference?
2025 has a bigger engine, more fuel… and no brakes.” – Merlijn The Trader said.

At the time of writing, ETH has recovered more than 50% since early May and is trading above $2,600. However, a recent analysis from BeInCrypto notes that profit-taking has begun. This may act as short-term resistance to ETH breaking out above the weekly 50 MA, as Merlijn predicted.

The post Analyst Highlights 4 Reasons Why Ethereum May Be on the Verge of Breakout appeared first on BeInCrypto.

Polkadot’s DOT has witnessed a surge in trading activity over the past few days. Since last weekend, the altcoin has posted modest but consistent gains.

This move has been largely driven by renewed optimism surrounding pending regulatory decisions on DOT-backed exchange-traded funds (ETFs) in the United States. With one of those decisions expected to come on June 11, DOT is seeing a notable rise in demand among market participants.  

Polkadot Gathers Steam as ETF Decision Looms

Investor sentiment around DOT has grown increasingly bullish as the US Securities and Exchange Commission (SEC) prepares to issue its final rulings on two major ETF applications this month. 

According to a SEC filing dated April 24, the first decision, regarding Grayscale’s Polkadot ETF proposal, is expected on June 11, while a ruling on 21Shares’ Polkadot ETF is scheduled for June 24.

DOT is gaining steam ahead of the June 11 decision, with traders betting on a favorable outcome. 

This growing optimism is reflected in DOT’s price action, as it edges closer to its 20-day exponential moving average (EMA), a key indicator that signals a shift in momentum. At press time, DOT trades just below this key level, with mounting bullish pressure suggesting a potential breakout to the upside.

The 20-day EMA measures an asset’s average trading price over the past 20 days, placing greater weight on recent price movements. When an asset’s price breaks above the EMA, it is a bullish signal indicating that buyers are gaining control and a near-term uptrend may be forming. 

For DOT, a sustained move above this level could confirm the growing bullish sentiment and trigger further upward momentum.

Additionally, the coin’s funding rate across derivatives exchanges remains positive, suggesting that long-position holders are willing to pay a premium, another sign of growing confidence ahead of tomorrow’s decision. At press time, the metric sits at 0.0093%, per Coinglass.

The funding rate is a periodic fee between long and short traders in perpetual futures markets. It keeps contract prices aligned with the spot market. A positive funding rate indicates that long traders are paying shorts. This suggests bullish market sentiment and a higher demand for long positions.

DOT Rally Gathers Steam, But SEC Ruling Could Be a Game-Changer

DOT trades at $4.11 at press time, recording a 3% price gain over the past day. During that period, its daily trading volume has soared 76% to $230 million, highlighting strong investor demand behind the rally.

When an asset’s price and trading volume rise simultaneously, it shows strong market interest. It also confirms the strength of the price move. This combination suggests that DOT’s uptrend is backed by demand and may have further momentum.

In this scenario, DOT could break the resistance at $4.13 and climb to $4.37.

However, an unfavorable SEC decision tomorrow could shake investor confidence and spark sell-offs. This could drive DOT’s price down toward the $3.96 level.

The post Is Polkadot (DOT) Gearing Up for a Big Move Ahead of the June 11 ETF Ruling? appeared first on BeInCrypto.

Bitcoin exchange-traded funds (ETFs) saw strong demand yesterday, with total net inflows exceeding $350 million. This followed BTC’s breakout past the $105,000 resistance level to close above the $110,000 price.

With strengthening bullish pressure, the leading coin is poised to continue its rally, further fueling the demand for ETF products. 

BTC ETFs See $386 Million Inflows as Investor Confidence Returns

On Monday, BTC spot ETFs recorded net inflows of $386.27 million. This capital inflow marked a significant shift in market sentiment following last week’s decline. 

These inflows reversed the previous week’s trend of net outflows, as BTC’s lackluster performance and waning investor confidence had dragged down demand. The surge followed BTC’s breakout above the $105,000 resistance level, with the asset closing at $110,263 during yesterday’s trading session.

As a result, renewed optimism spread across the market, driving heightened activity in ETF trading as well. On Monday, Fidelity’s CBOE-listed FBTC fund led the charge, posting the largest single-day net inflow among all US BTC ETF issuers.

BTC Futures and Options Flash Bullish as Price Holds Above $109,000

BTC trades at $110,227 at press time, up 4% over the past day. The coin’s funding rate has flipped back into positive territory on the derivatives front, signaling a shift toward bullish market positioning. It currently stands at 0.0017%. 

The funding rate is a periodic payment exchanged between traders in perpetual futures contracts to keep prices aligned with the spot market.

When its value is positive, it indicates bullish sentiment and a higher demand for longs. It means that traders holding long BTC positions pay those holding short positions, a trend that could drive the coin’s value upward in the near term.

Furthermore, traders are buying BTC call options today, signaling growing bullish sentiment on the asset’s future price.

Therefore, the combination of institutional inflows, rising price momentum, and a return to positive sentiment in derivatives suggests that the market may be entering a renewed accumulation phase.

The post Bitcoin ETFs Heat Up With $386 Million Inflows After Price Spike | ETF News appeared first on BeInCrypto.

Bitcoin (BTC) is trading with a bullish bias, driven by renewed optimism surrounding US–China trade negotiations and signs of détente between Donald Trump and Elon Musk, two of the world’s most powerful men.

The momentum shift in geopolitical and social dynamics helped push global markets higher. While Chinese stocks in Hong Kong enter a bull market and the S&P 500 approaches its February highs, Bitcoin may be poised for a new all-time high (ATH).

Trade Diplomacy Reignites Risk Appetite

BeInCrypto data shows Bitcoin surged nearly 4% in the last 24 hours and was approaching the $110,000 threshold. As of this writing, BTC was trading for $109,275, steadily approaching its $111,814 ATH recorded on May 22, 2025.

The surge follows a high-level trade discussion between the US and China, which resumed on Monday, June 9, at London’s historic Lancaster House.

“I am pleased to announce that Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and United States Trade Representative, Ambassador Jamieson Greer, will be meeting in London on Monday, June 9, 2025, with Representatives of China, with reference to the Trade Deal. The meeting should go very well,” Trump said in a Truth Social post on June 6.

According to a Bloomberg report, the meeting stretched more than six hours and will continue into Tuesday, June 10.

Treasury Secretary Scott Bessent leads the US delegation alongside Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer. They attempt to strike a deal with China’s Vice Premier He Lifeng over technology export controls and rare earth shipments.

Expectations are that the US may ease export restrictions on chip design software and advanced materials. In return, they would get increased access to China’s rare earth supply.

The Trump administration remains firm on protecting high-end semiconductor technologies like Nvidia’s H2O AI chips. However, Reuters reported that officials hinted at a broader willingness to compromise.

Bitcoin’s strong recovery highlights its increasing sensitivity to global macro winds. Controversial trader James Wynn anticipated market optimism in a June 6 post on X (Twitter).

“Once this trade deal is cleared up, another green light for crypto to start rallying,” Wynn wrote in a Friday post.

Trump–Musk Feud Cools, Fueling Crypto Greed

Another boost to Bitcoin sentiment likely stems from an unexpected détente between Elon Musk and Donald Trump, after their online feud roiled crypto markets, causing nearly $1 billion in liquidations.

The richest man in the world and the most powerful man appear to be extending olive branches.

JUST IN: Elon Musk sends a heart to President Trump pic.twitter.com/Tz4BDfOFus

— Eric Daugherty (@EricLDaugh) June 9, 2025

The softening of Musk and Trump’s hostilities coincides with a sharp shift in investor mood. Bitcoin’s rebound pushed the Crypto Fear & Greed Index into “Greed” territory. The change in sentiment came as traders interpreted the Musk–Trump rapport as a stabilizing force amid broader volatility.

Nevertheless, speculation is that the conflict may have been engineered or orchestrated.

“The Trump-Musk Feud: A Staged Manipulation… They’re orchestrating the drop – but not joining in themselves… The abrupt emergence of the Musk-Trump clash is not accidental… Collaboratively, they unsettle retail, paving the way for fresh market surges,” wrote DeFi researcher Qmo.

Blockchain data supports the claim, showing large BTC accumulations by whale wallets during the feud’s peak.

Bitcoin’s recovery highlights how tightly the crypto market is tethered to high-level diplomacy and narratives surrounding influential actors like Trump and Musk.

With talks between the US and China set to continue today, and Musk’s perceived realignment with Trump, traders are watching for confirmation of de-escalation and potential policy clarity.

At the time of writing, Bitcoin is trading at $109,406, with altcoins also beginning to move. CoinGecko data shows Ethereum is up by over 7% in the last 24 hours, while Solana (SOL) and Dogecoin (DOGE) surged by over 5%.

If Tuesday’s session in London yields concrete progress, Bitcoin could rally further, potentially establishing a new all-time high, especially with altseason narratives gaining traction.

The post Bitcoin Rallies on US–China Trade Progress and Musk–Trump Truce appeared first on BeInCrypto.

Solana-based meme coin FARTCOIN is today’s top-performing asset, climbing almost 20% in the last 24 hours. The meme coin extended its gains after Coinbase added it to its listing roadmap on June 5.

Technical and on-chain data signal that market participants are pricing in a potential Coinbase listing, historically known to provide a short-term price boost for newly added assets.

FARTCOIN Builds Momentum With Coinbase Boost 

Since Coinbase announced FARTCOIN’s inclusion in its listing roadmap, there has been a surge in trading activity around the meme coin. Technical readings show a marked increase in buy-side volume, hinting at the possibility of an extended rally.

For example, readings from the token’s Moving Average Convergence Divergence (MACD) indicator show that a golden cross has been formed. This bullish signal typically suggests growing upward momentum.

An asset’s MACD indicator identifies trends and momentum in its price movement. It helps traders spot potential buy or sell signals through crossovers between the MACD and signal lines. The golden cross pattern emerges when the MACD line (blue) crosses above the signal line (orange), indicating a potential bullish shift in the market trend.

When the MACD line is above the signal line, it indicates bullish momentum, suggesting that the asset’s price may continue to rise. The successful formation of the golden cross will strengthen FARTCOIN’s rally and drive more gains as demand climbs. 

Furthermore, the altcoin’s Relative Strength Index (RSI) lies above the 50-neutral line, showing an upward trend at press time. It is currently at 54.56, reflecting the demand for FARTCOIN.

The RSI indicator measures an asset’s overbought and oversold market conditions. It ranges between 0 and 100. Values above 70 suggest that the asset is overbought and due for a price decline, while values under 30 indicate that the asset is oversold and may witness a rebound.

FARTCOIN’s RSI reading highlights the growing demand for the altcoin, which could push it to new highs in the short term. 

FARTCOIN Inches Closer to $1.46, But Profit-Taking Poses Risks

The meme coin trades at $1.25, inching closer to the resistance at $1.29. If demand strengthens and FARTCOIN flips this price level into a support floor, it could open the door to a rally toward $1.46.

However, if profit-taking commences, this bullish outlook will be invalidated. In that scenario, FARTCOIN could lose its recent gains and fall to $1.16.

Should this level fail to hold, the FARTCOIN token could correct further to $0.94. 

The post FARTCOIN Leads Crypto Market Rally as Coinbase Hype Deepens appeared first on BeInCrypto.

As publicly listed companies increasingly consider accumulating digital assets as part of their financial strategies, Bittensor (TAO) is emerging as a strong contender alongside options like Bitcoin, Ethereum, Solana, and XRP.

Experts and recent moves by companies such as Oblong and Synaptogenix reinforce the belief that TAO could become a store of value.

Which Public Companies Have Chosen Bittensor (TAO) for Strategic Reserves?

Recently, Oblong, a Nasdaq-listed IT solutions provider, announced its plan to raise $7.5 million through a private stock offering. The funds will support its digital asset and AI strategy, which is based on Bittensor.

According to a press release on June 6, the company will primarily use the money to purchase TAO tokens and to develop the decentralized AI market, including Subnet 0. This strategy aims to generate yield from holding TAO. After the announcement, Oblong’s stock jumped 12%, with nearly 2 million shares sold at $3.77 each.

In addition, Synaptogenix, another Nasdaq-listed firm, revealed its plan to initially acquire $10 million worth of TAO, more than double the company’s current market capitalization.

“Based on our initial review, we believe the fixed market supply of 21 million TAO tokens alongside rapidly increasing global demand for AI development and adaptation makes TAO a compelling cryptocurrency,” Joshua Silverman, Chairman of the Board, said.

Synaptogenix has set a long-term goal to increase its TAO holdings to $100 million. The effort is led by well-known crypto and AI expert James Altucher.

Altucher emphasized that this strategy focuses not just on potential profits from staking and token price growth. It also aims to rebrand the company’s name and stock ticker to reflect its TAO-based digital asset strategy. This demonstrates Synaptogenix’s strong belief in Bittensor’s long-term potential.

Oblong and Synaptogenix’s moves come as other companies are choosing Solana (SOL), XRP, or Ethereum as strategic reserves.

Analyst Predicts TAO Could Become a Top 3 Altcoin

Many industry experts also share a positive outlook on TAO. Their confidence is driven by the fact that Bittensor operates a token economy with a fixed supply, similar to Bitcoin, and incentivizes participation and contributions to the network.

A recent report by BeInCrypto showed that the number of subnets on TAO has reached a new all-time high. Institutional investors are also beginning to eye TAO for its staking returns.

“TAO is the only project that has the necessary ingredients to get to the level of BTC. Top 3 is inevitable,” hedge fund manager Pedro Teixeira, predicted.

According to data from CoinMarketCap, TAO is currently the top altcoin among AI tokens, with a market cap of over $3.8 billion. It also holds a leading position in Grayscale’s AI Sector. Meanwhile, AI tokens continue to be one of the most prominent themes in the market today.

At the time of writing, TAO is priced at $434, up 25% since the beginning of the month. However, to overtake XRP and become a top 3 altcoin—as Pedro Teixeira predicts—TAO’s price would need to increase fivefold.

That said, this expectation may face headwinds. Bitcoin dominance is on the rise again in June, and altcoin season has yet to arrive. Furthermore, some experts warn of risks if the trend of public crypto vehicles spreads widely to altcoins beyond Bitcoin.

The post Bittensor (TAO) Becomes the Next Pick in the Wave of Public Crypto Treasuries appeared first on BeInCrypto.

Bitcoin’s price has surged over the last few days, reigniting hopes of reaching a new all-time high (ATH). As of the latest price action, BTC is just inches away from breaching the $110,000 resistance. 

Despite the strong momentum, Bitcoin may struggle to form a new ATH if external factors such as the upcoming CPI report is weighed in.

Bitcoin Investors’ Greed Rises

Trader sentiment has been on the rise recently, signaling an increase in optimism. However, this shift toward bullishness could be a warning sign of an impending market top. As Bitcoin enters the Greed zone, it raises concerns that the asset could be overbought. Historically, this has been a signal that Bitcoin’s price is reaching its peak, and a reversal could follow soon after.

While the market sentiment may suggest a continuation of the bull run, Bitcoin has often extended its rise even while in the Greed zone. This mixed signal has left investors uncertain, as the typical pattern of a market top may not always apply. As Bitcoin inches closer to its $110,000 resistance, the heightened optimism could also set the stage for a price correction.

Bitcoin’s macro momentum is heavily influenced by the upcoming Consumer Price Index (CPI) report, scheduled for release on June 11. The CPI for May is forecasted to rise by 0.2%, which would increase the year-over-year (YoY) inflation rate from 2.3% in April to 2.5%. This increase could contribute to market uncertainty, especially if inflation remains higher than expected.

Additionally, recent selling behavior in the market has contributed to a more cautious investor outlook. The rising red bars on the chart indicate rising Bitcoin sales by investors.

This, combined with the CPI data, could lead to bearish sentiment, prompting a decline in Bitcoin’s price. Investors may adjust their positions, anticipating that the rising inflation could negatively impact Bitcoin’s growth, especially if market expectations are not met.

BTC Price Is Close To A New High

Bitcoin’s price is currently at $109,480, just below the critical $110,000 resistance. Although BTC briefly crossed this resistance in the past 24 hours, the broader market signals suggest a potential price drop. With rising trader sentiment and the looming CPI report, Bitcoin could struggle to maintain its current level.

If the CPI report fails to meet investor expectations, Bitcoin could drop to its next support level of $108,000. This decline would be in response to the bearish sentiment surrounding the potential inflation rise. A failure to break above the $110,000 resistance could signal a more prolonged downturn for Bitcoin’s price, sending it to $108,000 or $106,265, wiping a chunk of the recent gains.

On the other hand, if the CPI report comes in below expectations, showing a YoY inflation rate of 2.1% instead of 2.3%, Bitcoin could experience a bounce back. In this case, securing $110,000 as support could lead Bitcoin toward its ATH of $111,980 and beyond. A positive CPI report would likely renew investor confidence, pushing Bitcoin to new highs and invalidating the bearish outlook.

The post Bitcoin Price Rise To New All-Time High Could Be Hindered By Rising CPI appeared first on BeInCrypto.