A Russian national faces 22 charges for laundering $530 million through cryptocurrency, using his companies to bypass U.S. sanctions and defraud financial institutions. 22 Charges Filed Against Russian National in $530M Crypto Scheme The U.S. Department of Justice (DOJ) announced on June 9 that Iurii Gugnin, a Russian national living in New York, faces 22 […]

Russian National Hit With 22 Charges for Laundering $530M in Crypto

As Bitcoin Dominance (BTC.D) rises in the crypto market, analysts are closely 
watching for signs of the long-awaited altcoin season. In a recent analysis, a 
crypto market expert shared key insights on the best time to buy altcoins, 
offering strategic guidance for traders looking to position themselves ahead 
of the next potential market rally. When To Position For The Altcoin Season As 
the Bitcoin price continues its upward trajectory, the speculation about an 
impending altcoin season remains a recurring theme across crypto communities. 
However, a Bitcoin Dominance chart shared by ‘Stockmoney Lizards,’ a 
pseudonymous crypto analyst on X (formerly Twitter), challenges the narrative 
that an altcoin season is imminent. Related Reading: The Return Of Altcoin 
Season: Why Bitcoin Dominance Must Fall To 62% Drawing on personal experience 
and market cycles, Stockmoney Lizards explains that the repeated cries of 
“altcoin season is here” are often premature and misleading. The analyst 
revealed that the true altcoin season, the period where even the lowest- 
quality coins tend to skyrocket, is often the final phase of the crypto bull 
run. It begins when Bitcoin Dominance breaks below the 60% support level, 
signaling a market-wide shift into altcoins. Notably, the analyst has shed 
light on how and when to position ahead of the altcoin season. Instead of 
buying altcoins based on hype or assumptions of immediate gains, Stockmoney 
Lizards suggests a more disciplined strategy: accumulate only at extreme 
oversold levels. This is typically when the Relative Strength Index (RSI) on 
the 4-hour or daily time frame drops below 25-30, reflecting capitulation. 
According to the market expert, these moments offer the best entry points for 
short-term rebounds, where altcoins deliver explosive moves of about 50% to 
200%. The analyst further highlights that the primary objective is to take 
profits and rotate them back into Bitcoin. This approach not only maximizes 
gains but also minimizes exposure to prolonged drawdowns that usually follow 
the euphoric phase of the market cycle. Bitcoin Dominance Influence On 
AltSeason According to Stockmoney Lizards, the current behaviour of BTC.D, 
trading firmly between a well-defined channel, indicates that the market is 
still in the early to mid-phase of a bull run. Typically, this phase is 
dominated by Bitcoin, not altcoins, and history shows that institutional 
capital prefers to build positions in the flagship cryptocurrency before 
moving to riskier lower-cap assets. Related Reading: Bitcoin Price At $200,000 
And Ethereum At $10,000? Analyst Says Altcoin Season Is Coming Notably, 
Bitcoin’s rising dominance in the market is not seen by the analyst as a 
bearish signal for altcoins in the long term. Instead, it is perceived as a 
healthy sign of a maturing bull market. He disclosed that the real altcoin 
season doesn’t begin until BTC.D decisively breaks down from its channel and 
drops to historical lows. Until then, Bitcoin’s strength reflects 
institutional accumulation and market confidence. Stockmoney Lizards reveals 
that retail investors often misinterpret this as a signal to chase altcoins, 
only to be caught holding bags as BTC continues to outperform. The analyst 
concludes that the altcoin season breakout will eventually come, but only 
those who position smartly by letting Bitcoin lead and waiting for alts to 
reach oversold extremes will be best prepared to capitalize on the market 
rally. Featured image from iStock, chart from Tradingview.com

Positioning For Altcoin Season: Analyst Reveals When To Buy As Bitcoin Dominance Rises

Pyth Network has launched real-time price feeds for over 100 major exchange- 
traded funds, including products from Blackrock, State Street, and Vanguard, 
with onchain access to data representing more than $8 trillion in assets. New 
Pyth Integration Brings Live ETF Prices to DeFi Builders Pyth Network has 
introduced real-time exchange-traded fund (ETF) price feeds, enabling 
blockchain […]

Pyth Network Publishes Real-Time Prices for 100 Major ETFs

Ethereum is making waves in the crypto market, pushing into key resistance 
levels following an impressive 14% surge over the past few days. This upward 
momentum has put bulls firmly in control, igniting optimism among investors as 
the second-largest cryptocurrency by market cap tests critical thresholds. The 
recent rally has brought Ethereum close to a pivotal juncture, where breaking 
through higher levels could confirm sustained bullish momentum and potentially 
signal the start of a broader uptrend. Related Reading: Ethereum Weekly 
Structure Tightens – Tower Top Pattern In Play? Top analyst Daan recently 
shared an insightful analysis, highlighting that Ethereum remains rangebound 
between approximately $2,475 and $2,735. This consolidation zone has proven to 
be a battleground, with the price repeatedly testing its boundaries. Notably, 
Ethereum has now retested the range high of $2,735 for the fourth time, a 
level that has acted as both support and resistance in recent weeks. The price 
has also swept both the highs and lows within this range, suggesting a period 
of indecision that could precede a significant move. For bulls to maintain 
their dominance, clearing this resistance will be crucial. Failure to do so 
might invite renewed selling pressure, keeping the market on edge as traders 
watch for the next catalyst. Ethereum Clears Range Highs But Needs 
Confirmation Ethereum stands at a decisive level following a robust push into 
resistance, marking a critical moment for the cryptocurrency’s trajectory. 
After a notable surge, the price has tested key thresholds, drawing sharp 
attention from market participants. Sentiment remains deeply divided, with 
some analysts anticipating a breakout to higher prices, fueled by the recent 
momentum, while others predict an imminent correction as overextension risks 
loom. This uncertainty is compounded by global tensions and macroeconomic 
instability, which continue to drive volatility across financial markets, 
keeping traders on edge. Daan’s recent analysis provides a detailed 
perspective, noting that Ethereum remains rangebound between approximately 
$2,475 and $2,735. Within this zone, the price has swept both the highs and 
lows, reflecting a period of consolidation. Significantly, Ethereum has now 
retested the range high of $2,735 for the fourth time, a level that has 
repeatedly served as a psychological and technical barrier. According to Daan, 
this prolonged range play suggests that a breakout—either upward or 
downward—is on the horizon, likely triggering a substantial move. However, he 
cautions that until such a breakout occurs, it’s prudent to avoid 
overcommitting to either bullish or bearish positions. The analyst points out 
that over the past few weeks, traders have repeatedly bet on breakouts in both 
directions, only to face choppy conditions that often result in losses. This 
pattern of indecision has left many investors “chopped up,” as premature bets 
fail to materialize. With global economic uncertainties adding pressure, 
Ethereum’s next move hinges on whether bulls can decisively clear the $2,735 
resistance or if bears will capitalize on a potential reversal. Until clarity 
emerges, the market remains a battleground of competing forces. Related 
Reading: Ethereum Consolidates As Momentum Builds – Analyst Has $3K In Sight 
For June Price Action Details: Key Levels To Clear Ethereum is trading at 
$2,690.46 on the 1-day chart, following a period of consolidation after a 
sharp decline. After finding support near $1,750 in April, ETH formed a 
tentative ascending triangle pattern, with recent price action testing key 
moving averages. The 50-day SMA ($2,310.51) and 100-day SMA ($2,077.91) have 
been breached upward, while the 200-day SMA ($2,657.01) remains a critical 
resistance, aligning with the current price zone. This move suggests short- 
term resilience, setting the stage for a potential test of the $2,750 
resistance, a level retested four times since early 2025. A decisive daily 
close above $2,750, supported by rising volume, could pave the way for a push 
toward $3,000. The chart reveals rising lows since April, indicating 
accumulation and renewed buyer interest, particularly around the $2,500-$2,600 
range. Increasing volume during recent upticks adds credibility to the 
breakout attempt, reducing the likelihood of a false move. Related Reading: 
Bitcoin And Ethereum Defend Key Moving Averages – Bullish Signal Or Temporary 
Relief? If ETH holds above $2,500, the trend leans bullish. However, a 
rejection at $2,750 might drive the price back to the $2,250-$2,400 support 
zone. The market remains rangebound between $2,475 and $2,735, per analyst 
Daan’s insights, with a breakout likely to trigger a significant move. All 
eyes are on whether ETH can clear $2,750 to confirm upward momentum. Featured 
image from Dall-E, chart from TradingView

Ethereum Still Rangebound Below $2,735 Level – No Clear Breakout Yet

U.S. stocks held steady Tuesday as a second day of trade talks between the 
U.S. and China got underway in London. The Dow Jones Industrial Average gained 
0.25%, or 105.11 points whille the S&amp;P 500 gained 0.55%. The Nasdaq index…

Dow Jones gains 105 points as U.S.-China trade talks continue in London

Aave has deployed its decentralized finance protocol on Soneium, an Ethereum 
layer two (L2) developed by Sony Block Solutions Labs. Sony’s Soneium Welcomes 
DeFi Giant Aave to Its L2 Network Aave, a major decentralized finance (defi) 
protocol, has launched on Soneium, a new Ethereum L2 developed by Sony Block 
Solutions Labs, a joint venture between […]