Santiment’s social media analysis found 1 bullish comment for every 1 bearish comment, which hasn’t happened since Donald Trump’s tariffs tanked markets in April.

Bitcoin split between bears and bulls as sentiment again at ‘peak FUD’ — Santiment

Brazilian authorities are seeking a software solution that allows them to 
track the locations and movements of various cryptocurrency projects 
nationwide. The objective of this proposal is to enhance the state’s 
capabilities in combating cryptocurrency-related crime. Brazilian Authorities 
Open Contract for Cryptocurrency Tracking Solution Tracking and enhancing 
control of crypto funds has become a necessity […]

Brazilian Government Opens Contract to Monitor Cryptocurrency Transactions

While the Bitcoin price stays close to its all-time highs, the Ethereum price 
has done pretty much the opposite. This failure to perform has put intense 
bearish pressure on the altcoin market as a whole, and the resulting price 
action has triggered what is seemingly a bear market for altcoins. Even now, 
the Ethereum price has not shown any signs of a bullish recovery, with 
expectations remaining bleak at this level, and analysts predicting further 
crashes. Why The Ethereum Price Is Headed Below $2,000 Crypto analyst Maddox 
Metrics has given the short and long-term outlook for the Ethereum price, and 
it seems the current market decline is nowhere near its end. In the short 
term, Maddox expects the Ethereum price to continue to decline and, in fact, 
fall below some major support levels. Related Reading: XRP Addresses Holding 
1M Coins Reach 12-Year High As Experts Predict Move Above $4 As the crypto 
analyst explains, investors are already expecting the ETH price to actually 
fall lower toward the $1,900 target. And as shown in the analyst’s chart, this 
would actually be the second wave of the 5-wave count as Ethereum moves into 
its long-term potential. While there has been a lot of buying, especially 
among institutional investors and ETF issuers, the Ethereum price continues to 
trend low. The analyst attributes this to the rising war tensions in the 
Middle East, as fears of World War 3 grow more intense. At this level, the 
analyst cautions investors to look toward a more patient strategy, saying that 
“Money is made in the sitting, weathering volatility, not flipping in and out 
of trades on every bit of news and price movement.” Thus, it is better to hold 
positions until the market finds its stable point. ETH Still Bullish In The 
Long-Term Despite the wave pattern pointing to a crash below $2,000 in the 
short term, the analyst says the long-term outlook for the Ethereum price 
remains bullish. The current decline, which is a Wave 2 retracement, the 
analyst explains, marked the end of a motif wave at the $2,700 resistance. 
Related Reading: Is Ethereum Price Set To Repeat History As 2017 Playbook 
Returns? Why This Time Could Be Bigger This suggests that once the current 
wave ends, there is the next wave, which is the bullish Wave 3. Once this is 
underway, the analyst’s chart shows a possibility of this wave carrying 
through to a new all-time high just under $5,000. The 4th wave is naturally 
bearish and will trigger a crash, while the 5th and final wave will send the 
Ethereum price to $7,000. The timeline for this to happen, as shown in the 
chart, will be through the year 2025 and into the early months of 2026. 
Featured image from Dall.E, chart from TradingView.com

Analyst Predicts 20% Ethereum Price Crash Below $2,000, Here’s Why

Bitcoin’s price momentum appears to be losing steam as on-chain and market 
indicators suggest softening demand, raising the possibility of a deeper 
pullback. According to a June 19 article by CryptoQuant&#8217;s head of research 
Julio Moreno, the pace of Bitcoin…

Bitcoin could fall to $92K if demand keeps dropping: CryptoQuant

Hong Kong-based Animoca Brands aims to one day obtain a stablecoin issuing 
license through its joint venture with Standard Chartered Bank and Hong Kong 
Telecom. The move comes ahead of the region&#8217;s Stablecoin Ordinance 
legalization. In an exclusive interview with…

Animoca Brands hopes to snag stablecoin issuer license through joint venture with Standard Chartered and Telecom

The head of South Korea’s central bank reportedly said he isn&#8217;t against the 
issuance of a won-pegged stablecoin, but was wary of possible foreign exchange 
issues.