Google Says They Updated Their Site Reputation Abuse Policy…Nothing Actually Changed

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.

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.

With Binance listings often driven by hype, volume, and community support, three altcoins stand out as strong contenders for May: Housecoin (HOUSE), UXLINK, and AERO.

HOUSE is gaining traction across Solana and trending on X (formerly Twitter), while UXLINK led Binance’s last community vote despite not being selected. AERO remains the dominant DEX on Base, backed by strong ecosystem growth and rising DeFi volume. All three show strong fundamentals, growing visibility, and momentum that could align with a potential Binance listing this month.

Housecoin (HOUSE)

Housecoin has recently been among the most talked-about meme coins. Launched on PumpFun, it quickly gained traction across the Solana ecosystem. In April, it surpassed a $100 million market cap. Although it has pulled back slightly, it still holds a strong position at $87 million.

The token is also trending on X (formerly Twitter), which could boost its chances of getting listed on major exchanges. HOUSE is down nearly 9% in the past 24 hours, but rising social engagement may help sustain interest.

Historically, exchanges list meme coins that capture attention and volume quickly. From DOGE to BONK, visibility often drives early listings. In under three months, Housecoin has climbed to become the 72nd largest token in Solana.

HOUSE could follow the same path as other breakout meme coins if the momentum continues. It’s already tapping into the massive real estate narrative, one of the most popular asset classes globally.

UXLINK

UXLINK is a Web3 social platform and infrastructure project that claims to have over 54 million users. It’s positioned as one of the most active tokens in the Arbitrum ecosystem.

In recent months, UXLINK has consistently trended within the Arbitrum space. It received the most votes in Binance’s latest community listing batch, though it wasn’t selected in the final round.

Since peaking in mid-March, the token has been down around 30%, struggling to regain strong upward momentum. Still, it’s up 3.7% in the last 24 hours, with volume surging 200% to $75.8 million—a sign of renewed interest.

Despite being passed over in the last round, its top vote count suggests strong community backing. That support could boost its chances of being in a future Binance listing, especially if volume and engagement stay high.

Aerodrome Finance (AERO)

AERO remains the leading DEX on the Base blockchain, holding its position even as apps like ZORA gain popularity. It continues to play a central role in Base’s DeFi activity and user growth.

With Content Coins still trying to build traction and Base’s weekly DEX volume up 22% to over $5 billion, AERO is well-positioned to benefit from the ecosystem’s expansion. As Base grows, AERO is likely to strengthen its dominance.

AERO has been up nearly 60% over the past 30 days, although it has dipped by 4.5% in the last 24 hours. It currently ranks as the 4th largest coin by market cap among those listed in Binance Alpha.

If momentum holds through May, AERO could push back toward the $1 mark, representing a potential 44% upside from current levels.

The post 3 New Altcoins to Watch for Binance Listing in May appeared first on BeInCrypto.

XRP’s price has declined significantly over the past week. The token currently trades at a seven-day low of $2.09, and key indicators suggest that the downtrend may continue in the near term.

Market data shows a steady rise in the demand for short positions. This trend reveals growing trader confidence in further downside movement, with short sellers increasing their exposure in anticipation of the XRP token’s continued weakness.

XRP Faces Prolonged Sell Pressure

XRP’s long/short ratio reflects the bearish bias dominating its futures market. At press time, the ratio stands at 0.98, indicating more traders are betting against the altcoin. 

This ratio compares the number of long and short positions in a market. When an asset’s long/short ratio is above 1, there are more long than short positions, indicating that traders are predominantly betting on a price increase.

Conversely, as seen with XRP, a ratio below one indicates that most traders are positioning for a price drop. This reflects heightened bearish sentiment and growing expectations of continued downside movements.

According to Coinglass, XRP last recorded a long/short ratio above one on April 22. This means it has been over two weeks since bullish positions outnumbered bearish ones in the XRP futures market. The extended period of bearish dominance suggests that market participants have grown increasingly pessimistic about XRP’s short-term prospects.

On the daily chart, the newly formed “death cross” by XRP’s Moving Average Convergence Divergence (MACD) indicator supports this bearish outlook. Readings from the XRP/USD one-day chart have revealed that XRP’s MACD line (blue) closed below its signal line (orange) on Monday, forming a death cross.

This pattern is a notable marker of a sustained downtrend and is widely viewed by traders as a sign of weakening price strength. Hence, XRP risks plummeting further. 

XRP Holds Key Support at $2.09 — But for How Long?

XRP currently trades at $2.10, resting above the support formed at $2.03. If selloffs strengthen, the support floor could weaken, making way for a price decline toward $1.61.

On the other hand, if the XRP token altcoin sees a spike in new demand, it could reverse the downtrend and climb to $2.29.

The post XRP Tanks to Weekly Low as Traders Bet on Further Downside appeared first on BeInCrypto.