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blockonomi.com Algorand Shows Technical Strength Despite ALGO Price Drop as Analysts Eye $1 Target

TLDR: ALGO trades at $0.17 with support holding despite a 16% weekly decline in price. Michaël van de Poppe targets $1 based on Fibonacci extension and strong consolidation. Algorand’s instant finality tech boosts appeal for payment and DeFi applications. Sideways movement suggests ALGO may be nearing a breakout with growing volume support. Algorand continues to [...] The post Algorand Shows Technical Strength Despite ALGO Price Drop as Analysts Eye $1 Target appeared first on Blockonomi.

news.bitcoin.com Bipartisan Lawmakers File Resolution to Keep US Out of Israel-Iran Crossfire

Rep. Thomas Massie, R-Ky., announced that he and Rep. Ro Khanna, D-Calif., have rolled out a “bipartisan War Powers Resolution” designed to block U.S. involvement in the Israel-Iran conflict without first securing Congressional authorization. ‘This Is Not Our War’: Massie Files Resolution to Rein In Military Action Under Congressional Powers On Tuesday, Thomas Massie, a […]

ambcrypto.com Bitcoin drops after Trump urges Tehran evacuation, calls emergency situation room meeting

Bitcoin's short-lived breakout unraveled fast, as a geopolitical fakeout triggered forced liquidations. Will escalating macro risks continue to suppress follow-through? On the 16th of June, The post Bitcoin drops after Trump urges Tehran evacuation, calls emergency situation room meeting appeared first on AMBCrypto.

bitcoinmagazine.com BBVA Tells Wealthy Clients to Invest Up to 7% in Bitcoin

Bitcoin Magazine BBVA Tells Wealthy Clients to Invest Up to 7% in Bitcoin  Spanish bank BBVA is now advising its wealthy clients to invest up to 7% of their portfolios in crypto and Bitcoin, showing how traditional banks are starting to see the potential of Bitcoin.  “With private customers, since September last year, we started advising on Bitcoin,” said Philippe Meyer, head of digital & blockchain solutions at […] This post BBVA Tells Wealthy Clients to Invest Up to 7% in Bitcoin  first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

news.bitcoin.com Canada Approves First XRP Spot ETF on Toronto Stock Exchange

Purpose Investments will launch Canada’s first spot XRP exchange-traded fund (ETF) on the Toronto Stock Exchange on June 18, offering investors regulated exposure to XRP in both CAD and USD. XRP ETF by Purpose Receives Green Light, Trading Set to Begin June 18 Purpose Investments Inc. has secured final approval from Canadian regulators to launch […]

blockonomi.com Solana’s (SOL) Utility Will Drive It to $500 in 6 Months, But Little Pepe’s (LILPEPE) Hype May 40x Your Portfolio Quicker

On one side, Solana has positioned itself as a blockchain juggernaut, riding a wave of developer activity, adoption, and technical strength toward a projected $500 valuation. On the other side stands a viral sensation—the adorable yet unstoppable meme token known as Little Pepe (LILPEPE), igniting massive FOMO across social media as it charges through its [...] The post Solana’s (SOL) Utility Will Drive It to $500 in 6 Months, But Little Pepe’s (LILPEPE) Hype May 40x Your Portfolio Quicker appeared first on Blockonomi.

bitcoinist.com Cardano Founder Draws Line In The Sand–’I’ll Retire If This Fails’

Charles Hoskinson has delivered his sharpest ultimatum yet to the Cardano community, telling viewers of a June 16 white-board livestream that he will “simply retire” if the network rejects his plan to overhaul its 1.7 billion ADA treasury—now worth about US $1.1 billion at the current spot price of roughly $0.64 per ADA—into an actively […]

bitcoinist.com Crypto Giants Gemini And Coinbase On Brink Of EU Licenses Amid Regulatory Tensions

Two of the world’s largest cryptocurrency exchanges, Coinbase and Gemini, are on the verge of securing licenses that would allow them to operate across the European Union, as regulatory discrepancies emerge among member states.  Gemini And Coinbase Target Regulatory Licenses According to Reuters, Gemini, the crypto trading platform founded by Tyler and Cameron Winklevoss, is […]