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Crypto Trends

Here’s Why The Ethereum, Dogecoin, And XRP Prices Suffered A Wipeout

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Ethereum, Dogecoin, and XRP prices have suffered significant losses over the last day, sparking a bearish outlook for these altcoins. This price crash comes amid the US Supreme Court decision, which keeps the Trump tariffs in place, and the lingering Israel-Iran conflict.

Why Ethereum, Dogecoin, And XRP Prices Are Down

CoinMarketCap data shows that the Ethereum, Dogecoin, and XRP prices have crashed in the last 24 hours. ETH is down almost 4% while DOGE and XRP are down almost 2% and 3%, respectively. This comes following the US Supreme Court’s denial of a motion to expedite the consideration of a motion on whether the Trump tariffs are legal or not. 

This means that the Trump tariffs remain in place while the appeal cases continue. Trump’s administration had earlier appealed a Federal Trade Court’s ruling that the tariffs were beyond the president’s authority under the International Emergency Economic Powers Act (IEEPA). Meanwhile, a second Federal Court also ruled against the tariffs. 

However, the latest Supreme Court decision presents a setback for the crypto market, seeing as the Trump tariffs will remain in place at least for now. The tariffs are bearish for the Ethereum, Dogecoin, and XRP prices, which explains why these altcoins witnessed a sharp decline. The tariffs have already raised concerns of inflation, with the Federal Reserve holding off on rate cuts. 

Fed Jerome Powell has indicated that the committee is well prepared to wait and see how the tariffs impact the economy rather than rush to cut rates. Rate cuts are typically bullish for the Ethereum, Dogecoin, and XRP prices because they inject more liquidity into these assets. However, these rate cuts could remain on hold if the tariffs persist. 

 

Another reason the Ethereum, Dogecoin, and XRP prices declined is because of the ongoing Israel-Iran conflict, which has gone on for over one week now. Both countries launched fresh strikes on each other in the last 24 hours, a move that is likely to further escalate the war. Meanwhile, the US is reportedly considering joining the war, which is also bearish for these altcoin prices. 

The White House stated that Donald Trump would decide on whether the US will join the war within two weeks. The US consideration has sparked fear among investors, which could have also contributed to the decline for the Ethereum, Dogecoin, and XRP prices.

A Positive For These Altcoins

Amid this decline, a positive for the Ethereum, Dogecoin, and XRP prices is Fed Governor Christopher Waller’s statement that rate cuts  could happen as early as next month. In a CNBC interview, he opined that they need to move slowly but that he thinks that they can start easing monetary policies from next month. 

US President Donald Trump has also called on the Fed to cut rates several times. In one of his most recent Truth Social post, he raised the possibility of firing Jerome Powell if the Fed Chair continues to delay on rate cuts. A potential rate cut would be bullish for the Ethereum, Dogecoin, and XRP prices.

Overall market cap excluding BTC at $1.1 trillion | Source: TOTAL2 on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Elon Musk Sets Meme Coin Communities on Fire with PEPE Tweet but Here’s Catch
NFT Gaming

Elon Musk Sets Meme Coin Communities on Fire with PEPE Tweet but Here’s Catch

by admin


  • Musk’s PEPE tweet excites community but here’s catch
  • Musk’s gloomy AI prediction

Controversial tech mogul Elon Musk published a tweet which re-established his rapport with the meme coin community, reminding of the old days when he did not own Twitter and actively posted about DOGE.

He also shared a major AI prediction, showing both his positive and negative expectations from this nascent technology.

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Musk’s PEPE tweet excites community but here’s catch

Musk published a famous Internet meme character Pepe the Frog, which inspired the creation of the same-name meme cryptocurrency in April 2023. In the image he posted, Pepe looks somewhat sad and is lighting a cigarette he is holding between his lips. Musk’s tweet immediately gained the attention of the crypto community.

Fans of various meme coins began posting their coins’ mascots in return. In particular, PEPE and BabyDoge. A WIFaccount also posted a PEPE, as well as that of the Kraken exchange. Someone requested an explanation of this tweet from Grok and, according to the AI chatbot, the timing of tweet suggested that this was Musk reaction to the explosion of the SpaceX’s Starship 36 on the test site at Starbase near Boca Chica Beach in Texas just before the expected take-off. Videos of that explosion were spread around X earlier this week.

The rocket exploded just ahead of a routine fire test before the tenth flight test. Afterwards, company’s engineers reported that the Starship experiences a “major anomaly,” they are now trying to figure out what exactly went wrong. None of the company’s personnel who were nearby were injured.

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Musk’s gloomy AI prediction

During his recent interview at the YC’s AI Startup School, Musk stated that unless AI destroys humanity, it is likely to boost the economy 1,000x from what the civilization has now. That would be Digital Super Intelligence, Musk stated, which will be smarter than any human at anything.

ELON MUSK: If things don’t go wrong like A.I. doesn’t kill us all and itself, then ultimately, we will have an economy that is 1000s of times, maybe millions of times bigger than the economy today. pic.twitter.com/D0x059wma9

— DogeDesigner (@cb_doge) June 20, 2025

And the drastic economy boost will be possible, according to him, if humanity reaches a Kardashev Type II civilization, meaning it will be of such a massive scale that it will draw energy for its needs from an entire star.

In another tweet, Musk commented on the recent massive password leak and the data that the majority of people on the Internet use simple four-digit passwords (or those related to the dates of their birth), stating: “AI will not have a hard time outfoxing us.”





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Apple iPhone 16 Pro REVIEW
Gaming Gear

Ready for an iPhone upgrade? Here’s why you (probably) don’t need to buy a Pro

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At the risk of sounding like someone who’s old before his time, I have a fairly substantial list of tech pet peeves.

At the lower end of the scale, I don’t understand folks who hold their phone at a distance when having a conversation, nor am I a fan of using a phone without a case. But if there’s one thing that I just can’t get my head around, it’s the enduring popularity of Apple’s pro-level iPhones.

Don’t get me wrong, I have nothing against the likes of the iPhone 16 Pro. In fact, as a long-time iPhone user, I respect the device for being not just one of the best iPhones yet, but also one of the best phones, period. However, there seems to be a misunderstanding about who these top-tier iPhones are for.


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It’s a conundrum that feels far less pronounced in the Android world, particularly as, from my experience, I tend to see tons of people rocking well-priced mid-range phones like the Samsung Galaxy A56. With that in mind, I think it’s time to set the record straight among Apple’s closest devotees.

I’m talking specifically to those who have yet to pick up one of the latest iPhone Pros in the hopes that I can convince you of why you don’t need one, and how you can find a better deal overall by opting for a different Apple device.

The clue is in the name

The iPhone 16 Pro Max running iOS 18 (Image credit: Future / Lance Ulanoff)

I will admit that there are some aspects of the iPhone 16 Pro that make it an alluring buy to an unsuspecting upgrader. As has already been discussed in detail on TechRadar, Apple’s 120Hz ProMotion display is gorgeous, and it’s a shame that Apple hasn’t yet seen fit to lift the refresh rate on the iPhone 16 beyond 60Hz.

The titanium build of the latest pro-level iPhones also sounds like a tempting concept, particularly if you fall into the category of those who prefer not having a case on their phone, or are liable to drop their handset on a somewhat regular basis.

These are great features to have, but you can’t tell me that they are worth the $200 / $200 / AU$250 upsell against the price of the standard iPhone 16. So, the question remains – what are you really paying for in a phone that costs $999 / £999 / AU$1,849? It’s the cameras.

I’ve been using the iPhone 16 Plus for some time now, and its dual camera setup hasn’t let me down yet.

The triple-sensor array on both the 16 Pro and the iPhone 16 Pro Max is nothing short of exceptional, and while the triangular design they carry has become something of a status symbol in itself, I have to be honest – by going for a Pro, you’re only buying extra features that you don’t need, because the cameras on the iPhone 16 are already great.

I’ve been using the iPhone 16 Plus for some time now, and its dual camera setup hasn’t let me down yet. It’s held up by the constant refinement of Apple’s behind-the-scenes computational processing that makes it nearly impossible to take a bad picture.

The only thing missing on the standard 16/16 Plus phones is the ability to shoot in Apple ProRaw and the LOG video format, but both of these features can only be put to use properly by professionals. If you’re a content creator or a professional photographer, these features are well worth the investment as you’ll get stunning quality in return. But for the average consumer, they’re overkill.

Obsessing over cameras also overlooks the most crucial feature of all iPhones, the thing that keeps folks returning to Apple again and again: the software.

iOS is king for a reason

iOS 18 provides a great experience on all recent iPhones (Image credit: Apple)

Speaking for myself, there’s a reason why I’ve found it so hard to go back to Android, and it’s not just the digital ‘walled garden’ that Apple has created that makes such a feat trickier than it should be.

iOS is just easy to use, very intuitive, and brilliantly designed.

Even small things like the precise alignment of widgets are comforting – a feeling that’s exacerbated by Apple having some of the best versions of key apps around. The Weather app, for example, is clean and easy to understand, and Apple News is by far the most comprehensive app out there for staying on top of current events, particularly if you have a subscription to Apple News Plus.

This is why I can confidently recommend the iPhone 15 to friends and family in 2025, knowing that, in spite of the phone having a readily available successor, it can still provide a great overall experience thanks to the optimizations of iOS.

Plus, there’s a case to be made that the way to enjoy Apple’s ecosystem of services at their fullest is to invest in multiple products. So, to that end, I’d recommend picking up the iPhone 16 and putting the money you’ve saved against buying its Pro-level sibling towards a pair of AirPods Pro 2 or the highly underrated Apple Watch SE 2. You’ll thank me later.

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New Record, Bitcoin (BTC) Price Trapped Now, Here's When XRP Price Explodes
NFT Gaming

New Record, Bitcoin (BTC) Price Trapped Now, Here’s When XRP Price Explodes

by admin


  • Bitcoin possible breakout 
  • XRP aims high

Dogecoin recently set a regrettable record: the longest run of losses in its recent history, with seven consecutive red daily candles. It makes sense that many investors are alarmed by the meme coins’ dismal short-term technical outlook due to its prolonged decline.

The chart shows that DOGE has now fallen below the 50, 100 and 200 EMAs, the three main moving averages confirming a bearish bias across all of the main trend indicators. After its prior attempt to regain the $0.22 zone, the asset has been unable to sustain upward momentum and has fallen to the $0.16 area.

DOGE/USDT Chart by TradingView

The decline in trading volume is more concerning as it highlights the market’s lack of bullish commitment. Though it is not yet at the point where sharp bounces usually occur, the RSI is circling 34, which is close to the oversold zone. One possible bright spot amid all of this negativity is that Dogecoin is currently trading at a psychological support level of $0.16, which is historically high.

This range has served as a turning point on several occasions in the past, acting as support and resistance based on the mood of the market. With the larger cryptocurrency markets exhibiting slight indications of stabilization, a technical rebound is not impossible if bulls intervene.

A rebound might be possible, but it is unlikely to stop the overall trend unless it is accompanied by a sharp rise in volume and a return above the $0.18-$0.19 range. DOGE is still stuck in a bearish structure with little support until then.

Bitcoin possible breakout 

The tightening range in which Bitcoin is currently trading suggests a possible breakout that could cause a big market shift. The chart shows that Bitcoin is wedged between two important moving averages, the 50 EMA serving as support and the 26 EMA serving as resistance. As traders build up positions in expectation of a breakout, this kind of consolidation frequently occurs before a spike in market activity.

The current price action indicates selling pressure from the top, with a string of lower highs and the 50 EMA below offering a strong level of support after serving as a springboard for previous upward moves. When the market gathers momentum, this squeeze formation between convergent EMAs usually results in a strong directional move. 

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With the RSI hovering just above 50, the market is neutral — not oversold but also lacking any strong bullish momentum. Bitcoin might return to the $110,000 range if it breaks above the 26 EMA and the descending resistance trendline, which would probably indicate the return of bullish dominance.

A drop below the 50 EMA and the psychological support at about $103,000, on the other hand, might pave the way to a more severe correction toward the $98,000-$95,000 range. In general, Bitcoin is in a traditional pressure cooker configuration. Although it is currently trapped, the range is getting smaller, and a spike in volatility seems likely.

Volume confirmation and a clear break of the resistance or support lines are indicators that investors should keep an eye out for. The trend of Bitcoin into the upcoming quarter will probably be determined by whichever direction prevails.

XRP aims high

With its price action coiling into a tight symmetrical triangle, one of the most telling technical patterns when it comes to predicting volatility, XRP is getting close to a critical inflection point. A major breakout, or breakdown, is imminent, as indicated by this triangle that is made up of a sequence of lower highs and higher lows. It also shows a consistent contraction of momentum.

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With several moving averages closely encircling it, XRP is currently trading at about $2.13. Short-term bullish momentum is capped by the 26 and 50 EMAs converging above the 200 EMA (black line), which remains a strong base of support. The chart’s declining volume supports the implication of this pattern, which is that traders are holding off in anticipation of a clear move.

Symmetrical triangles usually do not show direction on their own. However, the closeness to the 200 EMA and the string of recent higher lows indicate that the bulls are still active in the case of XRP, albeit cautiously. If XRP is able to overcome the triangle’s descending upper boundary and overcome resistance at roughly $2.25-$2.28, it may spark a quick rebound back toward $2.50 and possibly higher.

Conversely, if support around $2.09-$2.10 is not maintained, there may be a deeper pullback with possible downside targets close to the $1.95-$2.00 region. Around 46, the RSI is neutral, meaning it can move either way. The main conclusion is that the volatility of XRP is compressed and getting close to a breakout point.

Regardless of who prevails in this stalemate, the price movement will almost certainly explode. Watch volume spikes for early indications of directional confirmation and be ready for increased activity.



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A photo of a pool with a flamingo floaty in it, with birds of paradise flowers in the background. gettyimages-1757431734
Gaming Gear

This AI Platform Has Your Pool Design Covered. Here’s How Vondy Helps

by admin


Something about summer ignites my imagination: I dream of waterscapes, tropical vacations and anything that calms the inflammation that hot weather brings. 

I’ve enjoyed using AI tools to reconfigure spaces, and after returning from a quick trip to southeastern Mexico, I was ready to bring some relaxing, tropical influences to my home. This is how I came across Vondy, an AI platform that contains a diverse suite of AI-powered products beyond pool design. 

It generates visuals and 3D mockups after inputting dimensions, features and other details to help visualize your dreams, acting as a bridge in the design process. 

What is Vondy, and how does it use AI?

First launched in 2021, Vondy was co-founded by Rohit Das and David Laub. The company’s name was apparently inspired by a college campus coffee shop known as “Vondy.” This became the birthplace of their brainstorm sessions and startup ideas, including what would eventually become this app.

The platform was developed to support individuals and businesses by providing a centralized platform for various AI tools in hopes of eliminating the need to navigate multiple applications. Vondy AI Pool Design gives you fast, visual mockups that can simplify early-stage planning.

It’s great for ideation and client presentations if you’re a pool builder, or seeing what’s possible for your own backyard if you’re tossing around the idea of putting in a pool. You’ll still need pros to bring your vision safely off the screen, so no one’s job is on the line, and you can take your imagination anywhere. Everyone wins. 

How to use Vondy to create a pool design

A pool design Vondy AI generated for me. It comes with watermarks unless you use a paid version.

Vondy / Screenshot by CNET

This is how to use Vondy to design the pool of your dreams, from any location within minutes. Tropical oasis, coming right up. 

  1. Head to Vondy’s Pool Design platform and create a free account using your email. No credit card is needed for the free tier.
  2. Choose your pool type and shape from Vondy’s list of shapes. This includes rectangular, oval, free-form or you customize a shape of your own. Basically, this is where creativity can run wild before adding details. 
  3. Then, provide your pool type and shape, with an approximate length, width and depth. This helps Vondy’s AI generate realistic renderings for your space. In other words, this creates a boundary for your creativity. You can also add reference images if you already had a pool design in mind. 
  4. Now, you can customize the style of your pool. I wanted something modern, but with a stone arch. There’s also an option to experiment with different materials. You can adjust the pool’s color to your liking, too. When I was experimenting with Vondy, I kept the colors light to match the look of the water from my vacation, but do what you like.
  5. Click “Create” and generate the 3D mock-up rendering of your pool. Vondy will produce an image you can view or share out. Note that there will be watermarks if you’re accessing Vondy via its free account.
  6. You can also make additional tweaks if you’re not feeling the outcome. I adjusted the shape of my pool after the custom iteration looked a bit funky. 

Even with the free version of Vondy, there are no render limits.

Here’s hoping that your pool designs aid in turning your dreams into reality. Or at the very least, that it inspires your next getaway or vacation.

Should you use Vondy?

Vondy Pool Design is a strong match for homeowners or those pool designers or those who want a way to visualize their pool concept quickly without a huge investment in custom renderings. 

Vondy / Screenshot by CNET

If you’re exploring design options for your backyard or trying to aid a client’s imagination, Vondy lets you bring those ideas to life in a matter of minutes — for free. It’s especially helpful in the early stages of a project, when you want to see what’s possible. Plus, you can experiment and collaborate more effectively before proceeding toward a finalized design.

However, Vondy is less appropriate for those looking for exhaustive, engineer-approved plans or structural details. The platform focuses on high-level visual design without structural or technical specification, which means you’ll need fully specified plans before building out your pool in real life. 

There are some restrictions within the customization process, particularly in its free version. 

In my eyes, Vondy serves as a starting point to aid creativity and communication during the pool design process. This can help with creative play, or with collaborating with designers throughout the design and pre-building process. 

If you’re a visual person, this can be a helpful tool to navigate and organize your ideas with AI and a co-creator or collaborator. 

A little support can be a good thing.



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Here's our next batch of Xbox Game Pass titles for June
Game Reviews

Here’s our next batch of Xbox Game Pass titles for June

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Microsoft has revealed the next batch of games being added to Xbox Game Pass this June.

This follows the previous batch revealed at the start of the month, which included day one release The Alters.

This second batch includes two other day one releases: the previously announced FBC: Firebreak, out today, as well as football action game Rematch.

Here’s the list of Xbox Game Pass additions for the remainder of June:

  • FBC: Firebreak (Cloud, PC, and Xbox Series X|S) – available today via Game Pass Ultimate, PC Game Pass
  • Crash Bandicoot 4: It’s About Time (Console and PC) – available today via Game Pass Ultimate, PC Game Pass, Game Pass Standard
  • Lost in Random: The Eternal Die (Cloud, PC, and Xbox Series X|S) – available today via Game Pass Ultimate, PC Game Pass
  • Star Trucker (Xbox Series X|S) – available 18th June via Game Pass Standard
  • Wildfrost (Console) – available 18th June via Game Pass Standard
  • Rematch (Cloud, PC, and Xbox Series X|S) – available 19th June (day one) via Game Pass Ultimate, PC Game Pass
  • Volcano Princess (Cloud, Console, and PC) – available 24th June via Game Pass Ultimate, PC Game Pass
  • Against the Storm (Cloud and Console) – available 26th June via Game Pass Ultimate
  • Warcraft 1: Remastered (PC) – available 26th June via Game Pass Ultimate, PC Game Pass
  • Warcraft 2: Remastered (PC) – available 26th June via Game Pass Ultimate, PC Game Pass
  • Warcraft 3: Reforged (PC) – available 26th June via Game Pass Ultimate, PC Game Pass
  • Call of Duty: WW2 (Console and PC) – available 30th June via Game Pass Ultimate, PC Game Pass, Game Pass Standard
  • Little Nightmares 2 (Cloud, Console, and PC) – available 1st July via Game Pass Ultimate, PC Game Pass, Game Pass Standard
  • Rise of the Tomb Raider (Cloud, Console, and PC) – available 1st July via Game Pass Ultimate, PC Game Pass, Game Pass Standard

FBC: Firebreak Preview – How Does It Play And Is It Good?Watch on YouTube

Eurogamer’s Chris Tapsell went hands-on with FBC: Firebreak earlier in the year and called it a “frantic, electrifying run-based shooter, with difficulties feeling like gambles”.

Rematch, meanwhile, comes from Sifu developer Sloclap and gives a fresh perspective on the beautiful game.

The following games will all be leaving Game Pass on 30th June:

  • Arcade Paradise (Cloud, Console, and PC)
  • Journey to the Savage Planet (Cloud, Console, and PC)
  • My Friend Peppa Pig (Cloud, Console, and PC)
  • Robin Hood: Sherwood Builders (Cloud, Console, and PC)
  • SteamWorld Dig (Cloud and Console)
  • SteamWorld Dig 2 (Console and PC)

To keep playing these games after they leave Game Pass, you’ll need to purchase them – luckily Game Pass subscribers get a 20 percent discount.

For everything else in Microsoft’s subscription service, check out our handy Xbox Game Pass guide detailing all games available.



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Google Audio Overview
Gaming Gear

Here’s why you should be excited about Audio Overviews coming to Google Search

by admin



  • Google is testing the NotebookLM feature Audio Overviews in Search
  • The feature will offer short, AI-generated audio summaries for certain queries.
  • The feature uses Gemini models to deliver podcast-style explanations with clickable links.

I’ve been a fan of the Audio Overviews feature in Google’s NotebookLM since I first experimented with it last year. Now, it’s coming to Google Search, currently only as a test in the Labs, but it brings a more bite-sized version of the AI-generated “podcasts” that I like in NotebookLM.

Once you’ve opted in through Labs, you’ll start seeing a little prompt on some search results pages saying, “Generate Audio Overview.” Tap that, wait about 30 to 40 seconds, and out comes a compact audio clip of around five minutes, sometimes less, that explains what you looked up in the form of two AI-generated voices having a discussion. Not too deep, but not one-sentence shallow either. Think of a middle ground between “Wikipedia rabbit hole” and “I read the headline only.”

While you listen, the audio player stays docked in your results page, showing clickable links to the sources the AI pulled from. You can keep browsing, tap into related articles, or just listen and absorb. If you like what you hear, you can give it a thumbs up. If it’s egregiously wrong, the thumbs down is there too.


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Though similar to what NotebookLM does with its Audio Overviews, the Search version has one major difference. NotebookLM only uses documents you upload, YouTube videos, and websites you specifically link to. Google Search’s version pulls from public web content. That can be good or bad, depending on what you look up. Something straightforward and scientific might be fine, but a discussion about the best movie ever might get a different audio track every time you look. Here’s an example I recorded a clip from.

AI podcast searches

It’s hardly perfect, and while the voices are good, they are still AI voices. You also might notice it parroting phrases straight from someone’s Reddit post. But it is listenable and, as Google points out, hands-free, with the option to adjust the speed of the speakers and the links there to provide more context. You can speed it up or slow it down, skip around, or follow the links as you go. It’s AI-enhanced Search, not a new audiobook.

For now, not every search will offer to create an Audio Overview. You also have to be in the U.S. and sign up for Labs right now. But, I’d expect it to have a general release pretty soon. Then you can ask how lithium-ion batteries work or why Roman concrete is still standing, and get a nice mini discussion from digital characters.

Think of it as how video summaries and image carousels brought new dimensions to how we take in information online. Audio Overviews are another aspect of that and a win for auditory learners or people with visual impairments, With OpenAI and Perplexity and a dozen AI search engines nipping at its heels, Google needs whatever tricks it can muster to stand out and an AI podcast as the answer to a serach is definitely one way to be unique, at least for now.

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Ethereum
GameFi Guides

Ethereum Eye Potential Parabolic Upsurge – Here’s The Short-Term Target

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

With the growing bullish sentiment across the general crypto market, Ethereum is now seeing a renewed uptrend, pushing the digital asset to break above the key $2,600 resistance level. Beneath the ongoing positive price performance, a crypto analyst has underlined the potential for ETH to witness a robust rally in the upcoming weeks.

Wild Surge May Be Imminent For Ethereum

Since retesting the $2,850 range, Ethereum’s price has fallen sharply toward key support zones. ETH may have faced bearish pressure after hitting the level, but a recent analysis from BATMAN, a crypto expert and trader, implies that this stage might just be the calm before the storm. 

BATMAN’s analysis contends that Ethereum seems poised for an explosive move, with several technical indicators and key patterns pointing to the possibility of an impending wild upswing. Despite its pullback, ETH remains one of the best-performing crypto assets in the last few months, which strengthens its case for an incoming parabolic run.

After examining ETH’s price action, the analyst is confident and expects the altcoin to bounce strongly from its current levels. His chart shows that Ethereum is building momentum above $2,471, which is currently the most immediate support against downward attempts.

ETH targets three key resistance levels ahead | Source: BATMAN on X

Furthermore, BATMAN highlighted that the altcoin is consistently forming higher lows as it targets key resistance levels. While the expert highlights several resistance levels ahead, he underlined the $2,900 mark as the next target for ETH in the short term. However, ETH’s path to this range is not without hurdles. 

Looking at the chart, the first resistance ahead is at $2,657, the second is at $2,773, and the third is at $2,879. Following its rally to the first resistance, Ethereum is expected to witness a brief pullback before surging again toward the next resistance zone at $2,773. A similar scenario is likely to occur when Ethereum hits the second resistance before rallying to the third barrier and beyond.

The current setup and trend line support add to Ethereum’s bullish case for an explosive rally. BATMAN believes that the $4,000 price mark is not far away if the structure and trend line support hold. 

Are ETH Sharks And Whales Positioning For A Rally?

ETH’s recent waning price action has not influenced key investors’ sentiment toward the altcoin. A report from Santiment, a leading on-chain analytics platform, shows that Ethereum’s key investors, particularly the sharks and whales, are quietly ramping up their accumulation.

This persistent accumulation is identified among wallet addresses holding between 100 and 1,000 ETH. Such a development among this cohort signals growing conviction in ETH’s long-term prospects. Although the altcoin gears up for a rally, this action may suggest strategic positioning by these investors.

Data from Santiment reveals that the number of these holders now stands at 6,392. Over the past 30 days, the group has accumulated more than 1.49 million ETH, marking an increase of over 3.72%. After this massive accumulation, this cohort now holds 26.98% of ETH’s total supply.

ETH trading at $2,628 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Bitcoin eyes multi-year breakout, ETF inflows hit $1.3b
Crypto Trends

Companies continue to spawn Bitcoin treasuries: Here’s why

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For several years, Strategy (formerly MicroStrategy) was the sole public company whose modus operandi was buying millions of dollars worth of Bitcoin with borrowed capital. These days, several other companies are trying to follow in Strategy’s footsteps.

As more companies go all-in on stacking Bitcoin, critics are raising concerns about the growing centralization of crypto treasuries. Currently, just 216 entities—101 of which are public companies—hold nearly 31% of the circulating BTC supply, with corporate treasuries alone accounting for approximately 765,300 bitcoins, or 3.7% of total supply (excluding lost coins).

This trend shows no sign of slowing, with existing firms continuing to accumulate and new players entering the space. This prompts debate over the benefits and risks of corporate Bitcoin ownership.

The trend is in full swing

A wave of high-profile crypto treasury launches is underway, led by figures like Jack Mallers with 21 Capital, David Bailey with Nakamoto, and most recently Anthony Pompliano with ProCapBTC, which is reportedly raising $750 million in equity and convertible debt to accumulate Bitcoin.

Each new treasury announcement is met with bullish fanfare on Crypto Twitter, where influencers routinely frame the news as a catalyst for BTC price appreciation. Yet with such announcements now occurring almost daily, their actual impact is increasingly unclear.

The familiar refrain of “this is not priced in” has become a cliché, while comment sections often reflect confusion over why Bitcoin’s price continues to fall despite seemingly bullish developments.

Do Bitcoin treasuries pump BTC’s price?

According to the Gemini research, the growing adoption among sovereign and regulated financial institutions led to decreased volatility in all time frames after 2018.

The launch of Bitcoin ETFs in 2024 made the trend even stronger. Despite the stabilization of the Bitcoin price, it doesn’t stop gaining value. The main difference is that now the price rises steadily without the frequent high-amplitude fluctuations it had in the past.

According to Unchained, Bitcoin’s price is stuck between $100,000 and $110,000, and it will take a long time for it to exceed the $130,000 mark. People don’t pay attention to many things while reading bombastic announcements. One is a lack of retail interest, as the public tends to pay attention to Bitcoin when it hits an all-time high or at similar periods.

Another reason for slower price movement is that Bitcoin treasuries not only buy BTC but dump it, too, as they need cash to repurchase shares. Additionally, the announcements usually display the full amount of the deal (i.e., “Pompliano to raise $750 million to invest in Bitcoin treasury”), whereas, in reality, these amounts are raised slowly; it may take several months to complete the deals.

So it comes that the purchases made by Bitcoin treasuries are not what they may seem to be.

Finally, the relentless accumulation of Bitcoin is pulling coins away from circulation, making a notable part of the supply dormant and somewhat purposeless for years. Bitcoin treasuries need this crypto to attract more investors and clients.

However, it drives Bitcoin away from its initial role as an alternative electronic cash, and some in the crypto community raise critical voices directed at Bitcoin treasuries.

This mass accumulation of Bitcoin by corporates & ETFs is getting very close to Satoshi’s original vision of us never having to actually use the Bitcoin network.

— Nic (@nicrypto) June 12, 2025

The ‘not your keys, not your coins’ attitude is alive and well

Many Bitcoin enthusiasts prefer actually to own their bitcoins and don’t outsource all the hassle to corporations. Maximalists remind us that any entity does not control Bitcoin, and it is free to purchase, so there is no need for a company to buy and maintain Bitcoin on your behalf. 

Some criticize Bitcoin treasuries for not representing the spirit of Bitcoin, while others emphasize the troubled past of Bitcoin treasury frontmen.

For instance, MicroStrategy had a questionable episode during the dot-com bubble era, whereas the company restated its profits, resulting in losses for the investors. The SEC accused the company of fraud.

At the time, Saylor spoke about his plans to donate $100 million to the Internet university that will provide “free education for everyone on earth, forever.”

This kind of evangelism may sound familiar to those who follow Saylor’s modern-day speeches, while he is more grounded when dealing with Bitcoin.

What Magoo really means, is that bitcoin treasury companies need a professional Orange Washer

An influencer already trusted by the plebs, who can toe the line between LARP’ing as a maxi, and shilling his stock as being superior to real BTC

Aka, the used car salesman type https://t.co/nb9VuLJ66w

— Pledditor (@Pledditor) June 11, 2025

For some, Pompliano is an ambiguous candidate for helming the new mighty Bitcoin treasury. While Pompliano is a well-known and recognizable Bitcoin advocate, some remember his involvement in promoting fraudster crypto exchange FTX and its associated platform, BlockFi.

Collapses of these platforms were painful not only for its users but also impacted the entire crypto sector, crashing the market and infusing cryptocurrency distrust among the community outsiders and, more importantly, regulators.

So true. For example, I lost most of my savings after listening to your podcast and putting it into BlockFi. Completely changed my life!

— GSx (@Wade24T) November 28, 2022

Some Bitcoin owners watch the performance of the treasury company’s stocks or ETFs and sell their bitcoins to buy these assets, hoping for quicker gains.

Adam Back, a Blockstream CEO and the only person whose work is referenced in the Bitcoin whitepaper urged his followers not to sell their bitcoins to buy ETFs or similar assets as they won’t be able to buy them back.

some are selling their btc to ETFs and pubCos. dudes: HODL. you won’t be able to buy them back before long. but also other users are buying, this is the way.

— Adam Back (@adam3us) June 12, 2025

Then, what’s good in Bitcoin treasuries?

The same person urging us not to sell bitcoins, Adam Back, explained that Bitcoin treasuries “are bringing forward the Bitcoin adoption curve.”

$MSTR & $BTC Treasuries by @adam3us:
“They are basically an arbitrage between the fiat current [system] and the hyper-bitcoinezed future. And if you can buy #Bitcoin today and pay for it in 5 years or convert into equity you are bringing forward the Bitcoin adoption curve..” pic.twitter.com/UAF4bmCZUC

— Marco ₿attistoni (@Battistoshi93) June 2, 2025

Back pointed out that most people don’t have money and opportunities to acquire Bitcoin. In contrast, public companies have these opportunities to raise capital by selling their shares or vice versa.

These companies don’t need free money to invest in Bitcoin as they can buy Bitcoin in advance and pay for it years later. “They are basically an arbitrage between the fiat [monetary system] and the hyper-bitcoinized future.”

A more mainstream explanation is that shares and ETFs are easier to deal with for institutional investors than Bitcoin.

So they don’t have to worry about the Bitcoin legal status and lack of the company around it. Instead, they can deal with a public company that offers some guarantees and is traded just like other public companies while exposing clients to the Bitcoin price appreciation.

Generally speaking, these treasuries are helping TradFi traders and investors to benefit from Bitcoin’s long-term price appreciation without having to deal with Bitcoin. 





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Here's When A Minecraft Movie Comes To Max
Game Updates

Here’s When A Minecraft Movie Comes To Max

by admin



A Minecraft Movie will soon be streaming on Max. Warner Bros. has confirmed that A Minecraft Movie will debut on Max–soon to be called HBO Max again–on June 20.

There will be an American Sign Language version performed by Sophia Morales as well. Additionally, The movie will begin to appear on HBO’s linear programming starting Saturday, June 21, at 8 PM ET, according to Deadline.

A Minecraft Movie debuted in April 2025 and was a huge success, bringing in more than $950 million worldwide at the box office, including $423 million in the US. That makes it the No. 2 highest-grossing video game movie of all time, only trailing The Super Mario Bros. Movie ($1.3 billion worldwide).

The film was an enormous financial success, but the reviews were mixed. Warner Bros. is expected to be going forward with a sequel, but it hasn’t been officially announced yet.

If you’d prefer to own A Minecraft Movie on a physical disc, the Blu-ray goes on sale June 24. The movie has been available to rent digitally since May.

A Minecraft Movie stars Jack Black, Jason Momoa, Emma Myers, Sebastian Hansen, Danielle Brooks, and Jennifer Coolidge. It’s directed by Jared Hess, who previously made Nacho Libre and Napoleon Dynamite.



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