Crypto laundering network Huione continues to operate at scale, with its transaction volumes increasing even after FinCEN had designated it a primary money laundering concern. Despite reports of its shutdown and removal of its website and Telegram channels, the Chinese-language…

Huione crypto laundering network thrives despite supposed shutdown and regulatory sanctions: Chainanalysis

The Dogecoin price has crashed alongside the rest of the crypto market, and 
this has led to the break of a very important support level. This crash below 
$0.18 has signaled a turn in the tide, and this could trigger the next wave of 
declines. A crypto analyst had previously predicted this market decline, 
calling it before it began. However, it is not all bad news for the meme coin 
as longer timeframes offer more bullish options as time goes by. Dogecoin 
Price Still Bullish On The Long-Term Crypto analyst Master Ananda forecasted 
in a TradingView post where the Dogecoin price could be headed next. At the 
time of the post, the Dogecoin price was still trading close to the $0.2 
level, and the market was still on an upward trajectory. While positive 
sentiment seemed to be returning to the market at that time, the analyst was 
calling out the possibility of a pullback. Related Reading: Bitcoin Bears Back 
In Control After $110,000 Rejection, What Comes Next? Master Ananda explained 
that the Dogecoin price was still quite bearish, but this was only on the 
short-term timeframe. This leaves out only the long-term timeframe for the 
bullishness, and so far, the meme coin’s market trend seems to be playing out 
the way the crypto analyst predicted. He called for a correction, using the 
April 2025 low as a basis and the lower highs that had formed as a result. 
This had begun back in December 2024 when the Dogecoin price had begun putting 
in lower highs, suggesting that there was bearishness building up in the 
market. Presently, as the Dogecoin price has dropped back below the $0.18 
support, the analyst simply pointed out that it was a continuation of the 
decline that had begun on May 11 after the market recovery. While this is 
bearish for the short-term, suggesting there could be a bit more correction to 
go, the analyst doesn’t expect it to last long. Where Could The DOGE Price Go 
From Here As for the bottom of the current Dogecoin price correction, Master 
Ananda expects the price to bottom above the April 7 lows, which were above 
$0.13. This would put the meme coin at around $0.15 before the bottom is in, 
and then the recovery is expected to begin. Related Reading: Altcoin Season 
Just Flashed A Golden Cross Amid Crypto Market Recovery The crypto analyst 
urged investors, especially those holding spot bags, to wait for the dust to 
settle. After this, he expects the altcoin to turn bullish again. For traders 
going short, he advises caution and not to hold the trade for too long, as the 
range is short. “We are very likely to get a higher low compared to 7-April,” 
Master Ananda predicted. “If too many leveraged positions are open though and 
the market wants to remove those, there can be a long wick that pierces 
support for the action to recover the next day.” Featured image from Dall.E, 
chart from TradingView.com

This Analyst Predicted The Dogecoin Price Crash – Here’s The Rest Of The Forecast

Numbers from the Central Bank of El Salvador indicate that crypto remittances 
sent to El Salvador fell by 45% compared to the first four months of 2024. 
Crypto flows sent from abroad accounted for less than 1% of all funds sent by 
foreigners to family and friends. Crypto Remittances Keep Failing to Reach 
Widespread Adoption […]

Crypto Remittances Fell Nearly 45% in El Salvador

After hitting a one-week low on Thursday, Bitcoin (BTC) is attempting to 
reclaim the key $104,000-$105,000 area as support, but some analysts have 
warned that a visit to its range’s lows could be in BTC’s short-term future if 
volatility continues. Related Reading: ONDO To Repeat 2024’s ‘Parabolic’ Run? 
Analyst Anticipates 130% Rally Soon Bitcoin to Continue Choppy Performance On 
Thursday afternoon, Bitcoin dropped 5.5% to the $102,000 support fueled by the 
news of the Iran-Israel conflict. Amid the market pullback, the flagship 
crypto failed to hold its $108,000-$110,000 three-day range, falling to the 
mid-zone of its post-November breakout range. Notably, BTC had just recovered 
from last week’s retest of the $100,000 level, reclaiming the key $106,800 
area as support earlier this week. Daan Crypto Trades noted that the 
cryptocurrency “saw a clear trigger on that retest of the range high,” driven 
by the headlines of the Middle East turmoil, as it is “still quite a volatile 
and headline-driven market currently.” Bitcoin took the liquidity above and 
below its local price range, the analyst explained, adding that it is “already 
starting to trade more like the choppy (pre) summer environment” he had 
forecasted. Despite the drop, the analyst highlighted that the range high 
remains the key level for a larger move up: I think the range high is a key 
area for the Bulls to hold on to. If not, I think there&#8217;s a case to be made 
for a local high to be put in and for the market to move back further within 
this range. At this point, I&#8217;m fairly certain that if price breaks either the 
current monthly high or low, it will keep trending that direction for the rest 
of June (and possibly beyond). However, he suggested investors be cautious 
until BTC price breaks back above the range high convincingly and holds it as 
support on the higher timeframes. “Don&#8217;t chop yourself up in the next few 
weeks/months,” he warned. Volatility Could Send BTC To Range Lows Analyst Carl 
Runefelt from The Moon Show highlighted a potential double top pattern forming 
on BTC’s 4H chart, noting that if the price didn’t bounce from the previous 
descending resistance, reclaimed a week ago, it could further drop into the 
mid-zone of its range. According to the analysis, if it loses the mid-range, 
BTC could risk a retest of the range lows, around the $90,000-$92,000 area. 
Similarly, market watcher Merlijn The Trader suggested that Bitcoin could fill 
the lower CME gaps if the war narrative intensifies. BTC opened two CME gaps 
between the end of April and the start of May, situated at the $92,500 and 
$97,300 levels, respectively. Nonetheless, the trader considers that this 
could serve as a discount entry for investors, as BTC “already left higher CME 
gaps open,” signaling that a rebound to the levels is likely. Moreover, he 
noted that Bitcoin is displaying the same structure as last year, which could 
hint at a massive rally brewing. In 2024, the cryptocurrency faced rejection 
from a multi-month descending resistance following its all-time high (ATH) 
rally, which set the Range high level. Related Reading: Ethereum Prepares For 
Massive Run After $2,800 Reclaim – ‘Up Only’ Ahead? According to the post, 
after the liquidity grab, BTC broke out of the key downtrend line, was 
rejected from the range high, and retested the descending resistance as 
support before a new rally. In 2025, Bitcoin appears to be following this 
path, currently retesting the descending resistance after the breakout. “If 
you know the pattern, you know what comes next,” he concluded. Featured Image 
from Unsplash.com, Chart from TradingView.com

Bitcoin To See ‘Choppy’ Next Few Weeks, Will BTC Retest The Range Lows?

Trump discloses $57.4 million in income tied to World Liberty Financial, a 
DeFi project that has raised over $550 million from investors.

Trump discloses $57M crypto windfall from World Liberty Financial

Although a record 19-day inflow streak recently ended for spot Ether ETFs, 
Ether is currently trading below its price at the start of the run.