The tariff policy instability may drive capital towards Bitcoin as a hedge, 
while legal challenges create economic uncertainty and market volatility.
The post Trump relaunches tariffs war after court strikes down levies appeared 
first on Crypto Briefing.

The tariff policy instability may drive capital towards Bitcoin as a hedge, while legal challenges create economic uncertainty and market volatility. The post Trump relaunches tariffs war after court strikes down levies appeared first on Crypto Briefing.

Trump relaunches tariffs war after court strikes down levies

Geopolitical tensions can trigger rapid market reactions, highlighting the 
vulnerability of leveraged positions and the interconnectedness of global 
events.
The post Kuwait intercepts seven Iranian missiles as crypto markets shed $700M 
in liquidations appeared first on Crypto Briefing.

Geopolitical tensions can trigger rapid market reactions, highlighting the vulnerability of leveraged positions and the interconnectedness of global events. The post Kuwait intercepts seven Iranian missiles as crypto markets shed $700M in liquidations appeared first on Crypto Briefing.

Kuwait intercepts seven Iranian missiles as crypto markets shed $700M in liquidations

Ripple CTO Emeritus David Schwartz said XRP utility is expanding as the XRP 
Ledger supports issued assets, tokenized real-world assets, and a growing 
range of financial products such as securities, funds, repos, and loans. ‘ XRP 
in a Minute’ Shows How XRPL Is Moving Beyond Basic Transfers Ripple published 
a new “ XRP in a […]

Ripple CTO Emeritus David Schwartz said XRP utility is expanding as the XRP Ledger supports issued assets, tokenized real-world assets, and a growing range of financial products such as securities, funds, repos, and loans. ‘ XRP in a Minute’ Shows How XRPL Is Moving Beyond Basic Transfers Ripple published a new “ XRP in a &#8230;

XRP Utility Moves Beyond Payments as XRPL Eyes Tokenized Stocks, Funds, Loans

Hungary&#8217;s shift towards a pro-EU digital strategy may enhance market 
competitiveness and attract crypto investments by easing regulatory burdens.
The post Hungary&#8217;s new tech minister signals rollback of crypto market 
restrictions appeared first on Crypto Briefing.

Hungary&#8217;s shift towards a pro-EU digital strategy may enhance market competitiveness and attract crypto investments by easing regulatory burdens. The post Hungary&#8217;s new tech minister signals rollback of crypto market restrictions appeared first on Crypto Briefing.

Hungary’s new tech minister signals rollback of crypto market restrictions

The drone attacks on St. Petersburg could escalate tensions, impacting 
regional stability and altering international diplomatic strategies.
The post Ukraine launches unprecedented drone attack on St Petersburg, 
rattling geopolitical risk calculus appeared first on Crypto Briefing.

The drone attacks on St. Petersburg could escalate tensions, impacting regional stability and altering international diplomatic strategies. The post Ukraine launches unprecedented drone attack on St Petersburg, rattling geopolitical risk calculus appeared first on Crypto Briefing.

Ukraine launches unprecedented drone attack on St Petersburg, rattling geopolitical risk calculus

After days of steep downward movement, the price of Bitcoin appears to have 
found a somewhat reliable anchor around the $60,000 region. However, recent 
on-chain data suggests that the premier cryptocurrency might not be down for 
long, with a bullish reversal seemingly on the cards. Is BTC Price Bottom 
Already Forming? In a June 7th post on the X platform, crypto analyst Ali 
Martinez revealed that the price of Bitcoin might have just reached a major 
bottom in this cycle. This evaluation is based on changes in the Bitcoin 
Supply In Loss metric, which measures the amount of BTC in circulation that 
was last moved at a price above the current market value. Related Reading: 
Bitcoin Price Plunges To $59K, Sparking Fears Of Deeper Decline This on-chain 
metric provides insight into how much pressure investors are under (or how 
deeply underwater they are) as they hold their Bitcoin at an unrealized loss. 
Hence, the Supply In Loss indicator, near unprecedented levels, is a signal of 
systemic fear and an impending shift in Bitcoin market dynamics. Martinez 
noted that the flagship cryptocurrency formed major cycle bottoms in the past 
when more than 10 million BTC were held at a loss. According to Glassnode data 
highlighted by the analyst, Bitcoin has breached this threshold, with 10.46 
million coins (more than half of the circulating supply) underwater. As 
observed in the chart above, the Bitcoin price saw a bullish reversal in late 
2018, as the supply in loss crossed this 10 million threshold. A similar 
pattern could be seen for BTC&#8217;s price when its Supply In Loss climbed to this 
mark around 2022. Martinez explained: I believe this is an important signal 
because selling pressure often begins to fade as fewer investors are willing 
to realize losses, increasing the probability of a market bottom forming. 
Based strictly on historical context and patterns, there is a high likelihood 
that a price bottom is forming for BTC at current levels. However, an 
important factor to discount is that the Bitcoin circulating supply was 
markedly lower in both periods (around 17.4 million and 19.2 million towards 
the end of 2018 and 2022, respectively). Lower circulating supply could mean 
the Supply In Loss might edge slightly higher this time, suggesting the BTC 
price could see further downside. This was evident in 2015 (when the 
circulating supply was much lower), when the Supply In Loss didn&#8217;t reach the 
10 million threshold before a bullish reversal. Bitcoin Price At A Glance As 
of this writing, the price of BTC stands at around $62,746, reflecting a 2.5% 
jump in the past 24 hours. Related Reading: Ethereum Breakdown Warning: This 
Key Level Could Trigger More Downtrend Featured image from iStock, chart from 
TradingView

After days of steep downward movement, the price of Bitcoin appears to have found a somewhat reliable anchor around the $60,000 region. However, recent on-chain data suggests that the premier cryptocurrency might not be down for long, with a bullish reversal seemingly on the cards. Is BTC Price Bottom Already Forming? In a June 7th &#8230;

Cryptocurrency price in MMK

Market Overview