ZachXBT claims over 80% of Garden Finance’s fees are tied to crypto laundering, challenging the project’s decentralization narrative.

ZachXBT slams Bitcoin bridge Garden Finance for laundering hacked funds

Useless Coin has emerged as a surprising outlier in a bearish crypto 
landscape, surging over 1,700% in June even as broader Solana meme coins and 
blue-chip tokens like Bitcoin retreat.

Useless Coin price surges as smart money investors buy

Bitcoin is trading at $103,891 with a market capitalization of $2.065 
trillion. Over the past 24 hours, its trading volume reached $28.02 billion, 
moving within a narrow intraday range of $102,624 to $106,087. Bitcoin On the 
daily chart, bitcoin has shown a distinct bearish bias following a rejection 
from the $112,000 level. The formation of […]

Bitcoin Price Watch: Downtrend Persists Amid Mixed Technical Signals

Pi Coin’s steep decline since May reflects waning hype and thinning liquidity 
following its mainnet launch, but technical patterns and upcoming events 
suggest a potential reversal. As volatility dries up and the price 
consolidates within a classic bullish wedge formation,…

Pi Network price eyes a strong rebound as a rare pattern forms

After another strong play for its all-time high in the past week, the price of 
Bitcoin has struggled to build on its recent bullish momentum. Over the last 
few days, the premier cryptocurrency has been specifically slow and lethargic. 
On Friday, June 20, the Bitcoin price took a severe hit — together with the 
rest of the crypto market — and fell briefly beneath the $103,000 mark. 
However, the latest market data suggests that the price of BTC might enjoy 
some stability after the recent round of long liquidations. BTC Gearing For A 
Run Of &#8216;Healthier Price Action&#8217;: Analyst In a Quicktake post on the 
CryptoQuant platform, on-chain analyst Amr Taha explained the dynamics between 
the Bitcoin price and its recent long liquidation event. According to the 
online pundit, the market leader could be preparing for more stable price 
action over the next few weeks. Related Reading: Is Bitcoin Gearing Up for a 
Breakout? On-Chain Signals Say ‘Watch This Level’ Taha revealed that the 
critical $103,000 liquidation cluster, which held a large volume of 
overleveraged long positions on Binance, has been cleared off. This cascade of 
long liquidations came after the price of Bitcoin plunged toward the $102,500 
level on Friday evening. According to data from CryptoQuant, the price decline 
caused the long liquidations on Binance, the world’s largest exchange by 
trading volume, to exceed $160 million. The on-chain analyst noted that this 
long liquidation event also coincided with a major change in the Bitcoin Net 
Taker Volume on the cryptocurrency exchange. Taha highlighted that the Net 
Taker Volume has moved deep into the negative territory, falling to nearly 
-$100 million in the past day. As observed in the chart below, this latest 
plunge marks the third time the Net taker Volume has fallen to this level in 
the month of June. According to Taha, the change in this metric suggests that 
aggressive selling outweighed buying activity during the liquidation event. 
The on-chain analyst outlines two possible reasons for this trend, including 
that long positions were forced to close, pushing sell orders into the market 
as the Bitcoin price fell below $103,000. Taha added that some sections of 
Bitcoin retail traders might have pushed the panic button and filled new sell 
orders in fear of further losses. In the end, the crypto analyst concluded 
that the combination of long liquidations and extremely negative Net Taker 
Volume might not be completely bad for the flagship cryptocurrency. Taha said: 
While such events often feel devastating in the moment, they lay the 
groundwork for healthier price action. Given these dynamics, the path of least 
resistance may now shift upward as Bitcoin stabilizes above key support levels 
with reduced leverage overhead. Bitcoin Price At A Glance As of this writing, 
the price of BTC stands at around $103,450, reflecting an over 1% decline in 
the past 24 hours. Related Reading: Is Bitcoin Gearing Up for a Breakout? On- 
Chain Signals Say ‘Watch This Level’ Featured image from iStock, chart from 
TradingView

Bitcoin Net Taker Volume Enters Deep Red On Binance — What’s Next For BTC Price?

Ethereum price remained inside a tight range this week as inflows into its 
exchange-traded funds slowed. Ethereum (ETH) dropped to a low of $2,400 this 
week as the crypto market crash continued. Its lowest level was down by 16% 
from…