Tether, the world’s largest stablecoin issuer, is making quiet but significant inroads into Latin American retail markets, with Bolivian merchants now pricing goods directly in USDT. This grassroots adoption underscores the growing role of crypto in everyday commerce. Meanwhile, analysts…

Tether at $515 billion? CEO says that’s ‘bearish,’ backs Bolivia’s USDT move

Since late May—spanning the past 17 days—the price gap for bitcoin in South 
Korea has climbed, topping a 3% difference by month’s end. As of Sunday, June 
8, bitcoin is trading in the country at more than $1,500 above the worldwide 
average. Crypto Prices Break Away in South Korea, Sparking Premium Frenzy 
Bitcoin is currently […]

Bitcoin to Solana: Crypto Prices Stay High Above Global Averages in South Korea

The price of Bitcoin has been in a good recovery form since succumbing to the 
bearish pressure from the ongoing feud between United States President Donald 
Trump and Elon Musk. The premier cryptocurrency climbed above the $105,000 
mark in the early hours of Saturday, June 7. According to the latest on-chain 
data, the Bitcoin price looks set to continue its upward trajectory over the 
next few days. What Negative Leveraged Traders’ Sentiment Means For Price In a 
new post on the X platform, data analytics firm Alphractal shared fresh on- 
chain insights into the recent movement of the Bitcoin price. According to the 
market intelligence firm, the major catalyst of BTC’s latest recovery is the 
sudden shift in the market sentiment. Related Reading: Bitcoin Golden Cross 
Pattern Says The Crash To $100,000 Is Normal – What To Expect Next This on- 
chain observation is based on the Leveraged Traders’ Sentiment, which tracks 
the outlook or positioning of leveraged traders in the market. It provides 
insight into the kind of bets (longs or shorts) that leveraged traders are 
placing in the crypto market and the funding rates of the derivatives market. 
Data from Alphractal shows a rising interest in opening short positions in the 
Bitcoin market, with most retail traders betting on a price decline. 
Ultimately, this on-chain trend suggests that the sentiment in the Bitcoin 
derivatives market is currently bearish. However, Alphractal noted that this 
kind of behavior might not be as straightforward as it looks, as the market 
historically tends to move in the crowd’s opposite direction. Hence, when 
several traders are betting on a Bitcoin price decline, the flagship 
cryptocurrency tends to witness a contrasting market bounce. Alphractal said: 
When sentiment becomes excessively bullish or bearish, the market tends to do 
the opposite. Therefore, this metric is not just a sentiment gauge — it&#8217;s also 
a warning signal for potential contrarian moves that often catch traders off 
guard. According to the analytics firm, this is exactly what is currently 
happening in the Bitcoin market, with the market leader bouncing back despite 
the negative traders’ sentiment. Interestingly, if these leveraged traders 
continue to bet against Bitcoin, the BTC price could potentially ride this 
fresh bullish momentum to a new all-time high. Bitcoin Price At A Glance As of 
this writing, BTC is valued at around $105,700, reflecting an almost 2% 
increase in the past 24 hours. Following the latest resurgence, the premier 
cryptocurrency is now up by more than 1% on the weekly timeframe. Related 
Reading: Bitcoin Recovers From $100K Dip While On-Chain Data Shows Rising 
Miner Activity Featured image from iStock, chart from TradingView

Bitcoin Leveraged Traders Are Back Betting On A Price Decline — What This Means

Gaming’s behavioral data is rapidly becoming the most sought-after resource in 
AI. Game telemetry fuels next-gen AI agents for everything from logistics to 
finance. The battle for gaming data is on.

Gaming data is the next AI battleground

Bitcoin’s hashrate hit a record-setting 943 exahash per second (EH/s) on May 
31, but in the days since then, the network’s processing power has dipped by 
more than 75 EH/s. Bitcoin’s Block Time Slows as Miners Buckle Under 
Difficulty Spike Bitcoin miners wrapped up May on a high note, notching their 
best earnings since the […]

From High Gear to Grind: Bitcoin Hashrate Slides 75 EH/s After Etching New Record

Despite Maple Finance nearing $1 billion in active loans and expanding its 
footprint to Solana—the SYRUP token shows signs of fatigue.