US authorities seized 145 domains and crypto linked to BidenCash, a dark web market accused of selling millions of stolen credit cards.

US seizes 145 domains, crypto linked to BidenCash dark web market

The crypto economy has shown modest signs of recovery since Thursday, though 
it remains 2.16% lower over the past 24 hours, hovering near the $3.25 
trillion mark. Bitcoin, too, has been attempting a gradual climb, with bullish 
traders breaking through the $104,000 barrier. Crypto Swings Wild as Bitcoin 
Teeters Around $104K, Altcoins Record Bigger Wins […]

Bitcoin Holds the Line: 30 Days Above $100K Despite Market Turbulence

The Ethereum (ETH) price experienced a significant decline on Thursday, 
falling over 7% and approaching the $2,400 mark. However, expert analysis 
suggests that a new bullish trend may soon emerge for the second-largest 
cryptocurrency. Key Metrics Indicate Accumulation By Larger Investors Market 
analyst Lark Davis took to social media platform X (formerly Twitter) to share 
insights on Ethereum&#8217;s potential. He noted that various on-chain metrics and 
market behaviors indicate an impending breakout for the ETH price. Notably, 
Ethereum has been outperforming Bitcoin (BTC) in the second quarter of the 
year, suggesting growing investor confidence. The recent Pectra upgrade has 
improved Ethereum’s scalability and reduced its inflation rate, making it more 
attractive to investors. Related Reading: Bitcoin Price Crash To $100,00 
Loading: Next Targets Revealed As Bears Take Over Additionally, the expert 
highlights that with exchange balances hitting seven-year lows and substantial 
inflows into Ethereum exchange-traded funds (ETFs), it appears that larger 
investors are accumulating ETH for the long term. Despite these bullish 
indicators, Davis cautioned that not all market participants share this 
optimistic outlook. Betting markets on Polymarket currently assign only a 27% 
chance that Ethereum will reach a new all-time high by 2025. Critical Support 
For Ethereum Amid Political Disputes The broader cryptocurrency market also 
faced challenges on Thursday, with total market capitalization dropping from 
$3.30 trillion to approximately $3.12 trillion. Bitcoin, XRP, and Solana (SOL) 
were among the notable cryptocurrencies experiencing losses, retracing by 3%, 
5%, and 6%, respectively. In a separate but related development, tensions 
between US President Donald Trump and his former adviser Elon Musk have 
surfaced, adding to the day’s market volatility. Trump expressed 
disappointment over Musk&#8217;s criticism of a key tax and spending bill from his 
administration, suggesting that their &#8220;great relationship&#8221; may be nearing its 
end. Musk retaliated by accusing Trump of ingratitude, claiming his support 
was instrumental in Trump’s election victory. Related Reading: Crypto Analyst 
Warns: This Bitcoin Bull Cycle Looks Nothing Like 2017 or 2021 This public 
dispute has drawn attention to the intersection of US politics and 
cryptocurrency, a dynamic that market analyst Income Sharks noted in a recent 
post on Elon Musk’s social media site, X. The analyst remarked on the swift 
impact of political conflicts on crypto markets, emphasizing that the Ethereum 
price has not yet lost critical support levels. Income Sharks, in his 
analysis, identified the $2,390 mark as a crucial support point for the 
altcoin in the immediate term, which could determine the next upward targets 
of $3,000 and $4,000. While trading at $2,406 when writing, Ethereum finds 
itself well below its all-time high reached during the market’s last bullish 
cycle in 2021. As of now, the altcoin stands 50% below its record of $4,878, 
according to CoinGecko data. Featured image from DALL-E, chart from 
TradingView.com

Bullish Signs For Ethereum: Metrics Pointing To Upcoming Breakout

First Digital Labs has launched FDUSD on Arbitrum, Ethereum’s largest Layer-2 
network, marking the stablecoin’s latest expansion and further strengthening 
its cross-chain presence. The launch is designed to offer users access to low- 
cost, high-speed transactions while positioning First Digital USD…

FDUSD now live on Arbitrum to support DeFi growth

The integration of stablecoins by major tech firms could revolutionize global 
payment systems, enhancing efficiency and reducing costs.
The post Apple, X, Airbnb, and Google hold early talks with crypto firms on 
stablecoin integration appeared first on Crypto Briefing.

Apple, X, Airbnb, and Google hold early talks with crypto firms on stablecoin integration

Stocks rose on Friday as the U.S. economy added 139,000 jobs in May, despite 
uncertainty around tariffs. The Dow Jones Industrial Average gained more than 
500 points higher at the open as investors also weighed the cooling of the 
public…