The post XRP, Shiba Inu (SHIB), Solana (SOL) and Bitcoin (BTC) Price Analysis for June 8: Momentum Is Not Fueled Yet appeared on BitcoinEthereumNews.com.
Shiba Inu is still under a lot of pressure even though it appears to be stabilizing close to local lows. The meme coin is currently trading at about $0.0000044 after going through a protracted bearish trend for a few weeks, which has largely eliminated the recovery momentum that was observed earlier this year. For SHIB bulls, the daily chart presents a challenging picture. After supporting price action in March, April, and May, the asset recently broke out of a rising channel. Sellers swiftly regained control after that structure failed, pushing SHIB in the direction of its current range. Even though the token saw a slight increase in value in June, there wasn’t enough volume in the recovery to overcome significant resistance levels. SHIB/USDT Chart by TradingView From a technical standpoint, SHIB is still below the 50-, 100-, and 2
The post Solana Breaks Bitcoin Downtrend as SOL Price Targets $90 Resistance appeared on BitcoinEthereumNews.com.
Key Insights Solana crypto breaks a year-long downtrend against Bitcoin as analysts keep a positive outlook on the coin. Crypto Scient sees a move toward $90 and points to the $78-$74 zone as a buying area on a pullback. Strong July returns over the past five years have kept Solana in focus among market watchers. Solana crypto returned to focus after Michaël van de Poppe identified a break above a year-long downtrend against Bitcoin. The relative-strength shift came as SOL traded near $80 and analysts watched for further upside. However, the SOL/BTC breakout does not automatically confirm a dollar-price breakout. On the SOL/USD chart, traders still face separate resistance before the token can approach higher targets. Solana Crypto Price Breaks Above Long Downtrend SOL price is attracting fresh attention after crypto analyst Michaël van de Poppe shared a positive view on th
The post Bitcoin price faces $60K test as U.S.-Iran conflict escalates appeared on BitcoinEthereumNews.com.
Bitcoin traded under pressure as renewed U.S.-Iran strikes pushed traders toward the dollar and oil. Summary Bitcoin held near $62,800 as U.S.-Iran strikes lifted oil, dollar, and pressure across crypto markets. ETF inflows supported Bitcoin, but MACD, RSI, and resistance still showed limited bullish confirmation overall. K33 said underwater Bitcoin supply suggests late-cycle stress, though another deeper downside move remains possible. According to the crypto.news market data, the asset traded at around $62,920. The token stayed close to the $62,000 area after falling about 1% during Asian trading, with Ether, XRP, and Solana also weaker. The move came as the U.S. and Iran exchanged fresh strikes, according to Reuters. Oil rose as traders priced in renewed risk around the Strait of Hormuz, while the Dollar Index held near 101. A stronger dollar and higher oil prices can reduce d
The post Crypto Regulations in Bhutan 2026: Tax, Bitcoin Reserve, GMC, and Banking Rules appeared on BitcoinEthereumNews.com.
The post Crypto Regulations in Bhutan 2026: Tax, Bitcoin Reserve, GMC, and Banking Rules appeared first on Coinpedia Fintech News Bhutan has taken a unique approach to crypto. While the government limits retail crypto use through the country’s banking system, it has also become one of the world’s largest state-backed Bitcoin miners and is using Bitcoin to support its long-term economic plans. A key part of this strategy is Gelephu Mindfulness City (GMC), a special … Source: https://coinpedia.org/cryptocurrency-regulation/crypto-regulations-in-bhutan/
The post Bitcoin Price Stability Supported by Grayscale Analysis appeared on BitcoinEthereumNews.com.
Strategy’s decision to sell 3,588 bitcoin for approximately $216 million — its largest sale since abandoning its once-famous never-sell stance — might have rattled nerves. Instead, the market barely flinched. Grayscale stepped in with an analysis explaining why, and what it could mean for Bitcoin price stability going forward. Key takeaways Strategy sold roughly 3,588 BTC for approximately $216 million, its biggest Bitcoin sale on record. Grayscale’s analysis found the proceeds boosted dollar reserves enough to cover about 17 months of dividend payments. The primary goal: reduce financing risks tied to Bitcoin ownership. Markets responded positively, with $STRC rebounding following the analysis. Bitcoin traded in the low $63,000s after briefly touching $64,400, still up roughly 6% on the week despite thin trading volume. Grayscale’s Strategic Read on a $216 Million Bitcoin Sale When St
Investor confidence and reduced exchange supplies may lead to decreased volatility and a shift towards long-term holding strategies.
The post Bitcoin, Ethereum exchange supplies hit historic lows, signaling investor confidence appeared first on Crypto Briefing.
The post Clearstream expands crypto custody with XRP, SOL, ADA, AVAX appeared on BitcoinEthereumNews.com.
Clearstream has expanded its institutional crypto custody service by adding six more digital assets. Summary Clearstream now supports eight crypto assets, widening institutional access beyond Bitcoin and Ether custody. The service uses Crypto Finance as sub-custodian, keeping the offering inside Deutsche Börse’s regulated structure. MiCA is pushing European institutions toward licensed custody, settlement, trading, and stablecoin infrastructure providers. Clearstream, the post-trade services provider owned by Deutsche Börse Group, said it now accepts Ripple-linked XRP, Cardano, Solana, Litecoin, Stellar, and Avalanche in its crypto custody offering. These assets join Bitcoin and Ether, which were already supported. The move gives institutional clients a wider list of crypto assets inside Clearstream’s custody system. The firm said the expansion responds to growing demand for MiCA-c
