NAVI Protocol is working to bring DeFi-enabled Bitcoin to SUI, thanks to OKX partnership.

NAVI Protocol and OKX launch $700 xBTC lending campaign on Sui

The U.S. missile attack dubbed “Operation Midnight Hammer” apparently fell 
short of wiping out Iran’s nuclear sites—namely Fordo, Natanz, and 
Isfahan—according to a CNN report. The news outlet’s intelligence source said 
the damage might only delay Iran’s nuclear progress by a few months. At the 
same time, U.S. Defense Secretary Pete Hegseth pushed back and […]

Bunker Buster Blitz: US Claims Iranian Nuclear Sites Obliterated, Intel Reports Say Otherwise

The cryptocurrency market’s sharp retracement may be approaching its 
denouement, according to prominent trader and YouTuber CryptoInsightUK, who 
told his followers on 23 June that XRP is “really flipping close” to 
completing the final leg of a corrective structure that began in early April. 
Final Trap Or Final Chance For XRP? In his latest video analysis, the analyst 
sketched a scenario in which Bitcoin grinds lower toward the $92,000–$95,000 
liquidity pocket “to sweep the last standing bids,” dragging major altcoins 
with it. “We’ve had the extra bit of flush down that we were talking about and 
looking for,” he said, noting that Bitcoin already wicked to $98,200 but has 
yet to produce the higher-low/higher-high sequence or the bullish RSI 
divergence that stamped the April capitulation bottom. “I think we’re close to 
a bottom. I don’t quite think we’re there.” Related Reading: XRP To $30 Beyond 
2026? Analyst Reveals Key BTC Ratio To Watch XRP, he argues, is tracing the 
same pattern at a different scale. The 4-hour chart shows a conspicuous 
liquidity shelf at $1.89 and a deeper block stretching to $1.73. “In a world 
where Bitcoin does get the flush to ninety,” he observed, “could we come and 
take that? Yes. … Maybe $1.85, potentially on a wick.” Although he concedes a 
tail-risk dip toward $1.60–$1.55, that move is “not my base case.” What makes 
the area compelling, in CryptoInsightUK’s view, is the clustering of spot 
demand on each successive stab lower. He highlighted the “big red bar” of 
sell-side volume that marked last week’s sweep and the immediate spike in spot 
bids, calling it evidence of “real accumulation rather than derivative games.” 
Funding rates across major venues have turned modestly positive, confirming 
that “people are going long,” a dynamic that could yet trigger one more 
liquidity vacuum as over-leveraged latecomers are forced out. Related Reading: 
XRP Price At Risk Of 20% Crash To $1.55 If This Level Fails To Hold 
Springboard For $11 XRP? Technically, the trader is watching for a textbook 
bullish divergence: price carves a marginally lower low while the 4-hour RSI 
prints a higher one, mirroring the set-up that preceded April’s 140% rally. 
The fixed-range volume profile on Bitcoin—where the point of control sits near 
$97,000—offers confluence, suggesting the broader market is attempting to base 
on a major support shelf before rotation into altcoins. If that pattern holds, 
CryptoInsightUK believes XRP is positioned for a “drastic” expansionary phase 
that would lift the token first to the oft-cited $8 target and then, in an 
over-extension, to “realistically $11 to $12.” From an idealised $1.85 entry 
the projection implies an upside of roughly 475%. “I put my neck on the line,” 
he said. “Everyone’s thinking eight. I think we over-extend that a little 
bit.” The analyst’s conviction rests in part on his read of Bitcoin dominance, 
now hovering in what he calls the “reversal box.” A final push to the upper 
edge could spark the long-awaited altseason, he argued, with XRP—as a large- 
cap, high-beta play—capturing disproportionate flows once Bitcoin volatility 
subsides. At press time, XRP traded at $2.1781. Featured image created with 
DALL.E, chart from TradingView.com

XRP Pullback Nearly Complete—Next Stop: $8 To $12, Says Analyst

The Bitcoin market has been marked by notable volatility recently, with prices 
fluctuating significantly, dropping close to the $98,400 level before 
rebounding above $105,000 on Monday. Potential 12% Retrace To $92,000 
Technical analyst Doctor Profit recently shared key notes on the social media 
platform X (formerly Twitter), indicating that a substantial Chicago 
Mercantile Exchange (CME) gap exists at $92,000. The analyst predicts that 
this level will likely be eventually reached, suggesting that closing this gap 
could create additional fear in the market, which often plays into the hands 
of market makers. Related Reading: Dogecoin Crash Far From Over? Analyst 
Reveals The Target Doctor Profit also highlighted in his analysis the presence 
of significant liquidity in that area, making it a probable target for Bitcoin 
in the near term. This could potentially mean a 12% retrace of BTC’s price. 
Doctor Profit also pointed to several technical indicators that suggest a 
bearish trend for Bitcoin. He highlighted the Moving average 
convergence/divergence (MACD) crossing on the daily chart and the breakdown of 
the critical $104,000 level. Additionally, the analyst mentioned the temporary 
loss of what he calls the &#8220;golden line,&#8221; which is currently situated around 
$103,000 for BTC, another key level to watch in order to accomplish further 
recoveries. Doctor Profit warned that caution is necessary, especially near 
pivotal levels like $100,000 and the CME gap at $92,000. He even posited that 
a worst-case scenario could see Bitcoin correcting all the way down to the 
$82,000–$84,000 range. Bitcoin Fate Hangs On Golden Line Doctor Profit further 
elaborated that the situation hinges on the golden line, which serves as a 
critical retest to confirm the breakdown that occurred yesterday. For Bitcoin 
to secure a bullish continuation, it needs to close above this level. 
Moreover, he identified a significant liquidity cluster around the $113,000 
mark, noting that this area is rife with short liquidations. Should Bitcoin 
consolidate above the golden line, the uncertainty that has plagued traders 
could dissipate, allowing for a shift from protective strategies back to a 
more bullish outlook. Related Reading: XRP Price At Risk Of 20% Crash To $1.55 
If This Level Fails To Hold In his analysis, Doctor Profit concluded by 
stating that while he initially expected Bitcoin to reach $90,000 before any 
new all-time highs (ATH), the resolution of current market uncertainty 
indicates that this may no longer be necessary. With the war between Israel 
and Iran, along with the volatility seemingly over, he believes Bitcoin can 
accelerate toward new all-time highs without the need to revisit the $90,000 
mark. When writing, BTC trades at $105,560, recording a 3% price surge in the 
24-hour time frame. At this level, the market’s leading cryptocurrency trails 
5.3% below its record high of $111,800. Featured image from DALL-E, chart from 
TradingView.com

CME Gap At $92,000: Is A 12% Retrace Inevitable For Bitcoin?

According to local sources, a pen drive confiscated from Mauricio Novelli, who 
is implicated in the Libra case, may contain information linking Argentine 
President Javier Milei to the token launch. These sources claim that a video 
allegedly showing Milei promoting Libra may have been deleted from the storage 
device. Video Containing Missing Link Between Milei […]

Deleted Files Might Provide Missing Link in Libra Case

Data shows the rebound in Bitcoin and other cryptocurrencies has punished the 
bears, triggering a massive wave of short liquidations. Crypto Sector Has Just 
Witnessed A Mass Liquidation Event According to data from CoinGlass, a large 
amount of liquidations have piled up on the cryptocurrency derivatives market. 
&#8220;Liquidation&#8221; refers to the forceful shutdown that any open contract has to go 
through if its losses exceed the threshold defined by its platform. Related 
Reading: This Bitcoin Zone Could Be Market’s Next True ‘Pivot,’ Says Glassnode 
Below is a table that shows the numbers related to the latest liquidations in 
the market. As displayed, the cryptocurrency sector has seen a derivatives 
flush of over half a billion dollars during the past day. Out of these, 73.7% 
of the liquidations, equivalent to $371 million, came from the short investors 
alone. The short-heavy mass liquidations have come as Bitcoin and company have 
rebounded following the news of a ceasefire between Israel and Iran. Earlier, 
US strikes on Iranian nuclear facilities had induced a crash in the market 
that ended up unleashing a flurry of long liquidations. This time, it seems 
the bears have been the ones caught out instead. As usual, Bitcoin and 
Ethereum have topped the list of liquidations, but interestingly, the latter 
($168 million) has managed to outweigh the former ($153 million), which is 
generally not the case. Ethereum observing a higher amount of liquidations 
could come down to the fact that its price has seen a larger jump during the 
past day (7% vs 3.5%). It could also be an indication of an elevated level of 
speculative interest in the cryptocurrency. Out of the altcoins, Solana and 
XRP have topped the charts with $29 million and $13 million in liquidations, 
respectively. Though clearly, these numbers are quite small compared to the 
figures of the top two titans, showcasing the sheer difference in capital 
involved. In some other news, Bitcoin taker buy volume has shot up on the 
cryptocurrency exchange Bybit, as an analyst has pointed out in a CryptoQuant 
Quicktake post. In the chart, the data of the Bitcoin Taker Buy Sell Ratio is 
shown. This metric measures the ratio between the taker buy and taker sell 
volumes for a given platform. Here, the exchange involved is Bybit. Related 
Reading: Bitcoin STHs Capitulate: 14,700 BTC Moved To Exchanges At Loss It 
would appear that the indicator has recently seen a sharp spike above the 1 
mark, a sign that long volume has started to sharply outpace the short one. 
According to the quant, spikes in the metric on Bybit have often preceded a 
surge in the BTC price. BTC Price Following the recovery run over the last 24 
hours, Bitcoin has returned to the $105,100 mark. Featured image from Dall-E, 
CryptoQuant.com, CoinGlass.com, chart from TradingView.com