Coinsilium Group Limited, a U.K.-based company focused on web3 investing and advisory services, has raised £1.25 million in an initiative aimed at funding its adoption of a Bitcoin treasury strategy. The company announced the fundraising goal on May 15. Per…

Coinsilium raises £1.25m to fund its Bitcoin treasury strategy

Bitcoin price started a recovery wave above the $105,000 zone. BTC is now 
consolidating and might attempt to clear the $106,500 resistance. Bitcoin 
started a recovery wave above the $105,000 zone. The price is trading above 
$105,000 and the 100 hourly Simple moving average. There is a bullish trend 
line forming with support at $105,350 on the hourly chart of the BTC/USD pair 
(data feed from Kraken). The pair could start a fresh decline if it breaks the 
$104,000 support zone. Bitcoin Price Restarts Increase Bitcoin price started a 
fresh decline and traded below the $102,500 support zone. BTC even traded 
close to the $100,000 zone before the bulls appeared. A low was formed and the 
price recovered above the $103,500 resistance. The bulls even pushed the price 
above the $105,000 resistance. A high was formed at $106,426 and the price is 
now consolidating gains above the 23.6% Fib retracement level of the upward 
move from the $100,400 swing low to the $106,426 high. Bitcoin is now trading 
above $105,000 and the 100 hourly Simple moving average. There is also a 
bullish trend line forming with support at $105,350 on the hourly chart of the 
BTC/USD pair. On the upside, immediate resistance is near the $106,200 level. 
The first key resistance is near the $106,500 level. The next key resistance 
could be $107,600. A close above the $107,600 resistance might send the price 
further higher. In the stated case, the price could rise and test the $108,800 
resistance level. Any more gains might send the price toward the $110,000 
level. Another Decline In BTC? If Bitcoin fails to rise above the $106,200 
resistance zone, it could start another decline. Immediate support is near the 
$105,200 level and the trend line. The first major support is near the 
$103,500 level and the 50% Fib retracement level of the upward move from the 
$100,400 swing low to the $106,426 high. The next support is now near the 
$102,000 zone. Any more losses might send the price toward the $100,500 
support in the near term. The main support sits at $100,000, below which BTC 
might gain bearish momentum. Technical indicators: Hourly MACD – The MACD is 
now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – 
The RSI for BTC/USD is now above the 50 level. Major Support Levels – 
$105,200, followed by $103,500. Major Resistance Levels – $106,200 and 
$107,600.

Bitcoin Price Bounces Past 105K: Is a Full-Blown Rally Back on the Cards?

Argentina’s corruption watchdog has cleared President Javier Milei of 
wrongdoing over the LIBRA scandal, saying the post was made while acting in a 
personal capacity.

Corruption watchdog clears Javier Milei over LIBRA crypto scandal

Affected Cetus liquidity pools were replenished using a combination of 
recovered funds, cash reserves, and a $30 million USDC loan.

Sui DEX restarts, plots open-source move after massive exploit

Ron Paul warns the BRICS bloc is set to dismantle dollar supremacy with a 
sweeping monetary reset that could devastate U.S. economic power and global 
financial control. Ron Paul: BRICS &#8216;Rio Reset&#8217; Will Crush Dollar Monopoly in 
Global Trade Former congressman and long-time advocate of sound money, Ron 
Paul, stated on June 3 via social […]

Ron Paul Expects BRICS to End Dollar Dominance With New July Strategy

Improvements in Coinbase&#8217;s machine learning models and infrastructure helped 
to cut the number of unnecessary account restrictions.