Tether’s CEO points to the company’s growing Bitcoin and gold treasury as a reason why a speculative $515 billion valuation might actually be “a bit bearish.”

Tether CEO snubs IPO, says $515B valuation is ’a bit bearish’

Welcome to Latam Insights, a compilation of the most relevant crypto news from 
Latin America over the past week. In this week&#8217;s edition, Lula defies Trump&#8217;s 
tariff threats, Meliuz seeks financing to increase its bitcoin reserves, and 
Tether invests in Chile-based Orionx. Brazil Defies Trump Tariff Threats, 
Backs Dollar-Free BRICS Trade Brazilian President Luiz Inácio […]

Latam Insights: Brazil Defies Trump’s Threats; Meliuz Seeks Funding to Purchase BTC

Ethereum&#8217;s recent price action on the 4-hour chart has led to the formation of 
a classic Head and Shoulders pattern that opens up the possibility of a deeper 
correction. After a relatively stable period around the $2,500 zone, Ethereum 
broke below a neckline support level as last week drew to a close. This raises 
the question of whether a bearish continuation is already in motion for the 
Ethereum price or if bulls still have a shot at regaining momentum in the new 
week. Related Reading: Elon Musk ‘Will Do Anything’ To Make XRP King, Tech 
Mogul Says Head &amp; Shoulders Pattern Confirmed After Breakdown Below $2,480 The 
Head and Shoulders pattern, one of the most recognizable reversal formations 
in technical analysis, is now clearly visible on Ethereum’s 4-hour candlestick 
chart. This chart and the technical outlook were first shared on the 
TradingView platform by crypto analyst MelikaTrader94. The structure includes 
a left shoulder, a prominent head peaking above $2,700, and a right shoulder 
that topped near $2,650. The neckline, drawn around $2,480, was breached 
during Ethereum&#8217;s recent pullback to $2,380. This, in turn, shifted the short- 
term outlook toward the bearish side. After the break, Ethereum attempted to 
reclaim lost ground and is currently retesting the neckline area. This retest 
around $2,500 is significant, as a failure to push back above this level 
significantly would likely validate the bearish setup and cause the Ethereum 
price to reverse downwards toward the next support zone. According to the 
outlook from analyst MelikaTrader94, the price target from this Head and 
Shoulders breakdown before any notable rebound upward can occur lies between 
$2,200 and $2,250. Chart Image From TradingView: MelikaTrader94 Bulls Must 
Reclaim $2,650 To Invalidate Bearish Setup A confluence of factors supports 
the $2,200 region as a likely landing zone. Not only is this level consistent 
with the measured move of the Head and Shoulders pattern, but it also aligns 
with an order block on May 9 during Ethereum&#8217;s rally above $2,000 at the time. 
This adds further technical relevance to the $2,200 to $2,250 range acting as 
a support zone. However, the situation is not fully bearish yet. The path 
forward is clear but narrow for Ethereum bulls. The first step to invalidate 
the bearish setup is to reclaim the neckline around $2,500 decisively. Beyond 
that, breaking back above the right shoulder level around $2,650 would 
invalidate the Head and Shoulders pattern, and another pattern will most 
likely come into play. Related Reading: Bitcoin To Hit $180,000 In 2025? 
Analyst Highlights The Trigger A successful bullish reclaim would not only 
nullify the bearish pattern but could also revive sentiment for another retest 
of the $2,700 to $2,800 zone, which corresponds to the peak of the head in the 
recently formed pattern. Until such a recovery occurs, the Ethereum price can 
quickly reverse downwards at any time. At the time of writing, Ethereum is 
trading at $2,510. Featured image from Unsplash, chart from TradingView

Ethereum Head & Shoulders Pattern Breakdown: Can Bulls Reclaim Control?

Bitcoin traders eye key levels to hold and reclaim into the weekly close, but 
the chances of a major liquidity grab are growing.

Bitcoin can liquidate $15B in shorts with 10% BTC price uptick — Data

Once AI has advanced to the point where it can hack encryption, the level of 
criminals using this tool will dramatically increase.

AI could destroy crypto within five years | Opinion

Technical analysis of Dogecoin&#8217;s price action shows that Dogecoin bulls are 
currently working hard to register a break above the $0.2 resistance price 
level. However, beyond the immediate battle at the $0.20 resistance, a broader 
technical perspective presents a far more interesting possibility of Dogecoin 
reaching new all-time highs very soon. Specifically, the technical analysis of 
Dogecoin&#8217;s monthly candlestick timeframe chart indicates that its price is 
currently in the formation of a rally between June and July 2025. Related 
Reading: Bitcoin To Hit $180,000 In 2025? Analyst Highlights The Trigger 
Analyst Spots Recurring 3-Month Uptick, 5-Month Pullback Formation A technical 
analysis of Dogecoin’s monthly candlestick chart, first shared by crypto 
analyst Trader Tardigrade on the social media platform X, identifies a 
fascinating recurring pattern for the meme coin&#8217;s price. According to the 
analyst, Dogecoin has now completed two price cycles since late 2023, each 
consisting of a 3-month pump followed by a 5-month pullback. This rhythmic 
pattern first played out between December 2023 and August 2024. Dogecoin 
experienced a strong price surge from December to February, followed by a 
prolonged pullback that lasted from March to July. It followed a similar 
trajectory between August 2024 up until recently in May 2025, where three 
months of bullish momentum were followed by five months of bearish price 
action. The last monthly candlestick helped to confirm this setup, especially 
after May ended with a positive 11.7% close from its open price. As such, the 
next outlook is the continuation of this rally in June 2025. Each of the 
previous 3-month rallies has produced notable upside, with the most recent 
cycle in 2024 pushing Dogecoin&#8217;s price from below $0.08 to a multi-year high 
around $0.48 in just three months. If this cyclical behavior continues, 
Dogecoin could be gearing up for a comparable bullish leg in June and July, 
which would eventually cause it to break into new all-time highs. Chart Image 
From X: Trader Tardigrade Dogecoin To Repeat History With June/July Rally The 
notion that history could repeat itself is not new to crypto traders, but in 
Dogecoin’s case, the visual alignment of price action over time is hard to 
ignore. Keeping this possibility in mind, a repeat of the previous rally in Q4 
2024 will be enough to send the Dogecoin price above resistance levels at 
$0.22, $0.3, and finally at $0.48. Related Reading: Elon Musk ‘Will Do 
Anything’ To Make XRP King, Tech Mogul Says Notably, crypto analyst Trader 
Tardigrade projected a run-up to $0.3 in June. A successful breach above this 
level could confirm the start of the next bullish cycle for Dogecoin, and 
Trader Tardigrade projected a peak price above $0.75 in July 2025. At the time 
of writing, Dogecoin is trading at $0.184, with a price increase of 0.5% in 
the past 24 hours. Featured image from Unsplash, chart from TradingView