Unless Bitcoin upgrades its core cryptography in the next five years, the trust it has built over 16 years could be wiped out by a single quantum attack. Urgent upgrades are needed to protect the world’s leading cryptocurrency.

Bitcoin must upgrade or fall victim to quantum computing in 5 years

UBS spotlights blistering Senate momentum on a sweeping economic bill packed 
with permanent tax incentives and trade reprieves, all under crushing pressure 
to meet July deadlines. UBS Sees Fast-Track Senate Action on Key Economic Bill 
Amid Trade Reprieves and Deadline Pressure Global investment bank and 
financial services giant UBS published its Washington Weekly report on […]

UBS Sees Senate Rushing ‘One Big, Beautiful Bill’ Toward High-Stakes Finale

XRPL is surging as a global fintech powerhouse, attracting top stablecoins and 
unlocking XRP’s role as a real-world liquidity engine. XRPL Emerges as 
Stablecoin Hub With USDC, RLUSD, XSGD Powering Global Payments Ripple shared 
insights on June 12 regarding the expansion of fiat-backed stablecoins on the 
XRP Ledger (XRPL), signaling the protocol’s growing relevance in […]

XRP Ledger Expands Stablecoin Ecosystem as Ripple Drives Institutional Adoption With XRP

After a period of pullbacks and choppy price action, SUI appears to be staging 
a technical comeback. Recent price movements have formed a classic Inverse 
Head and Shoulders pattern, often seen as a reliable bullish reversal signal. 
While the breakout hasn’t roared just yet, the structure forming beneath the 
surface suggests growing strength. Inverse Head And Shoulders Takes Shape On 
SUI Chart In a recent analysis shared on X, Cleanwater highlights a potential 
Inverse Head and Shoulders pattern forming on SUI. The move began with a dip 
from $3.74 on May 29th to $3.00 by May 31st, marking the initial correction. A 
strong bounce followed, pushing the price up to $3.39 on June 3rd, 
establishing the first neckline. Related Reading: SUI Meteoric Rise: Golden 
Cross Signals A Potential 380% Explosion The price then reversed again, 
dropping to $2.84 on June 5th, forming a key support zone and the “head” of 
the pattern. However, a swift recovery brought SUI to $3.55 on June 10th, 
aligning with the neckline and reinforcing the setup. On June 13th, SUI saw 
one last dip to $2.91, which Cleanwater identifies as the final touch needed 
to validate the inverse head and shoulders formation. With the price now 
trading around $3.04, the setup hints at strong upside potential. According to 
Cleanwater, the Inverse Head and Shoulders pattern took shape with an initial 
dip, a slight recovery, and a second, deeper drop. A push to higher resistance 
followed this, then capped off by a final dip, shallower than the second and 
hovering near the level of the first. 4H And 1D Charts Align: Market Prepares 
For A Break The analyst also observed that a channel is forming on both the 
4-hour and daily time frames, indicating that a breakout may be approaching. 
While it&#8217;s difficult to predict exactly when a breakout will occur, the 
consistent price action within well-defined support and resistance zones shows 
growing strength. Sideways consolidation like this often precedes a 
significant move in either direction. Related Reading: Breakout In Sight? SUI 
Set To Test Crucial $3.5 Resistance With ATH In View In his personal view, 
Cleanwater leans bullish, suggesting there&#8217;s significant upside potential if 
momentum shifts in favor of the bulls. The repeated tests of resistance and 
support reinforce this view, hinting at a strong underlying structure. Though 
he can’t call the exact moment for a breakout, he believes the current setup 
favors those positioning early for a move. However, Cleanwater also expressed 
caution regarding the global economic environment, noting that broader news 
events have started to weigh on market sentiment. He sees the current range as 
a solid accumulation zone, but acknowledges that a bit more time is needed for 
the picture to fully develop. Featured image from Shutterstock, chart from 
Tradingview.com

SUI Charts A Comeback: Inverse Head And Shoulders Signals Quiet Surge Ahead

A top crypto lawyer predicts a 70% chance the court will approve Ripple and 
the SEC’s request to dissolve a key injunction and resolve financial 
penalties. Ripple and SEC Request Injunction Relief—Deaton Predicts 70% Chance 
Court Will Approve Attorney and crypto advocate John E. Deaton stated on June 
13 via social media platform X that […]

Ripple and SEC Seek to End XRP Dispute—Lawyer Sees 70% Chance Judge Will Approve Request

The recent escalation in tensions between Israel and Iran has added a new wave 
of anxiety in the global markets, causing investors to adopt a more cautious 
stance towards investing. At the same time, Bitcoin&#8217;s technical chart is 
sending mixed signals that could lead to a breakout in either direction. After 
a failed attempt to reclaim $110,000 earlier this week, the price has now 
slipped below the 21-day moving average, but still above support at the 50-day 
moving average. This confluence of moving averages, coupled with a clearly 
defined trendline resistance, has brought Bitcoin into a tightening price 
structure of a descending triangle pattern. Related Reading: Crypto Bloodbath: 
Over $1 Billion Liquidated As Iran-Israel Tensions Erupt Descending Triangle 
With Tightening Range And Bearish Pressure According to a crypto analyst on X, 
Bitcoin is forming a descending triangle pattern on the daily candlestick 
timeframe chart. Interestingly, technical analysis rules state that the 
descending triangle pattern setup is typically associated with bearish 
breakdowns. The chart image accompanying the post shows repeated rejection 
from a downward-sloping trendline that began when Bitcoin reached a new all- 
time high of $111,814 on May 22. The second rejection was a lower high around 
$110,000 earlier this week. On the other hand, the base of the triangle has 
remained constant with a support zone around $102,000. The analyst noted that 
the 21-day moving average (21MA), shown in blue, is exerting downward 
pressure, acting as resistance, while the 50-day moving average (50MA), in 
green, is acting as a temporary support floor. As price action continues to 
narrow within this triangle move, the market is on the projection for a 
decisive move in any direction. Whether it breaks above the resistance or 
falls through the support will likely dictate the next major trend. However, 
if the descending triangle pattern continues to play out with lower highs and 
steady support, the breakout will lean more towards a downside breakout. 
Israel-Iran Tensions May Push Breakout Or Breakdown The ongoing tensions 
between Israel and Iran could be the spark that forces Bitcoin out of its 
current range. Notably, a wave of liquidations hit the crypto market on Friday 
as reports of an Israeli airstrike on Iran made the news. During periods of 
geopolitical instability like this, Bitcoin often trades in unpredictable 
ways. There are two possible outcomes for the leading cryptocurrency from 
here. It could act as a haven, or it could be sold off for liquidity. If the 
fear in traditional markets continues to increase, Bitcoin could break below 
the $102,000 support in the coming trading sessions, confirming the descending 
triangle’s bearish implications. Related Reading: Billionaire Snaps Up $100 
Million Of Trump Coin – Details However, if bullish momentum returns, a break 
above the descending trendline could invalidate the bearish pattern and open 
the door for a retest of the $110,800 all-time high region. At the time of 
writing, Bitcoin is trading at $104,990. Featured image from Shutterstock, 
chart from TradingView