hodler

8 Jun 2026, 13:32

Tom Lee's 'BitMine bought the bloodbath': BMNR reports $213M worth of Ethereum purchase

More on Bitmine Immersion Technologies Bitmine Immersion Launches Preferred Shares Bitmine Immersion: An Ethereum Treasury Trading Below Its Own Assets Bitmine Immersion: Ethereum Pivot Driving Hidden Upside Bitmine prices upsized $280M preferred stock offering to fund Ethereum expansion CleanSpark draws highest short interest among mid, large, and mega-cap peers

8 Jun 2026, 13:30

Is Dogecoin Near A Bottom? This Key Metric Is Offering New Clues On The Matter

With heightened bearish pressure continuing to impact Dogecoin’s price action , investors are now discussing and showing concerns about when the meme coin could bottom out. However, a crucial signal has recently emerged from a key metric, suggesting that DOGE’s market bottom may be taking shape. Dogecoin’s Price Bottoming Signal Emerges Dogecoin may witness a slight bounce on Sunday, but its broader outlook remains highly bearish, stifled by ongoing volatility in the crypto market. As investors look for indications that Dogecoin might be nearing a turning point, one on-chain metric is gaining attention for its clues about the meme coin’s current phase. These clues are emerging from the Dogecoin Cumulative Value Days Destroyed (CVDD) metric. After thoroughly examining the metric, Joao Wedson, the founder of the Alphractal on-chain platform, announced that DOGE is in a price bottoming phase. According to the expert, this metric has been one of the most accurate throughout the meme coin’s history. This is because every time DOGE approached 1 on the chart, or spent just a few days below it, major price bottoms often follow. While the phase matures, Wedson highlighted that the latest bottoming signal will be triggered whenever Dogecoin falls below the $0.08 level. Once the meme coin drops below this level, this development will be seen as an ideal entry point , as the smartest investors are expected to start accumulating a lot of DOGE. As a result, the expert has advised investors to start accumulating, especially during the capitulation phase, and hold the meme coin for a long time. In the midst of rising volatility, Dogecoin could reach a price bottom before Bitcoin. Wedson is confident DOGE might bottom out in June because the meme coin often marks a local bottom in the month in bear market periods. Meanwhile, BTC typically reaches a price bottom at the end of Q3 or Q4 during bear market phases . Past Price Trend Is Set To Repeat DOGE may bottom out in June, but its price action in the month is not going to be a smooth one. In the monthly timeframe, Dogecoin has dropped down to a long-term macro support level, which has been present since 2017. As a result, Namtoshi Dogemoto, an investor and crypto analyst, has predicted that the meme coin may experience some volatility in June as it did in the 2020 market cycle. During the period, DOGE dropped below this support on multiple occasions and sprinted back up before the end of the month. With a similar trend emerging, DOGE is likely to mirror the price action of June 2020. Currently, the expert is positioned below the macro support level, and a repetition of this price action could result i n massive gains . “I didn’t think we would visit down here, but it’s a great opportunity to load up now,” Dogemoto added. Ali Charts shared that DOGE has reached a closely monitored target of $0.0883, with the lower boundary of a parallel channel now being tested. As long as this support holds, the expert believes recovery toward $0.1019 and $0.1156 could unfold. However, a breakdown is likely to expose the next major supply zone near $0.067.

8 Jun 2026, 13:30

Has The Bitcoin Price Crash Ended Or Is This Just The Beginning? Analyst Answers

Following Bitcoin’s rebound from last week’s dip below $59,000, the market is now weighing whether the recent price crash has finally run its course or if a deeper correction is still ahead. While the recovery has provided some relief across the crypto market, analysts warn that Bitcoin remains in a fragile position as weak demand, cautious investor sentiment, and broader market uncertainty continue to weigh on the price action. According to market experts, Bitcoin’s outlook remains largely bearish despite the short-term bounce. However, analysts also point to a potential silver lining in the current downturn that may benefit long-term investors. Bitcoin Price Set For Massive Crash This Summer Crypto market expert Aralez has issued a fresh bearish forecast for Bitcoin, suggesting that the ongoing downtrend has not yet ended. In an X post on June 6, the analyst said Bitcoin’s decline has just begun, indicating that the recent drop below $60,000 was only the early stage of the bear market. Related Reading: Analyst Who Predicted the Bitcoin Crash Says Price Could Reach $40,000, Here’s When Aralez noted that since May 2026, he has consistently predicted a decline below $60,000, believing that Bitcoin would eventually take out local lows as bearish pressure mounts. As he forecasted, the $60,000 to $63,000 BTC price range has now been decisively lost. With this key support broken, the analyst warned that the next downside move could be really aggressive. Using a detailed chart to support his outlook, Aralez outlined a bearish roadmap for Bitcoin’s price this summer. The chart shows that Bitcoin traded within an ascending channel between April and May but ultimately broke below the lower boundary, triggering a prolonged downtrend through late May and early June. Notably, Aralez projected that Bitcoin’s next move will likely be a short-term bounce toward the $71,000 support zone. After Bitcoin retests this zone, he said a major distribution phase is likely to begin. During this stage, the cryptocurrency could see an impulsive sell-off toward $46,000 to $48,000, representing a 25% to 28% drop from current levels above $62,000. Aralez noted that a decline to this lower range will lead to a slow bottom formation, officially resetting the broader market cycle. He cautioned investors not to assume that the bottom is already in, emphasizing that current market data and conditions suggest otherwise. The analyst also confirmed that Bitcoin’s bear market is still ongoing. He urged investors and traders to prepare ahead and avoid major mistakes now more than ever. Analyst Sees Accumulation Before Next Bitcoin Rally In his X post, Aralez outlined a silver lining to his bearish outlook, noting that once Bitcoin reaches a bottom, a significant accumulation phase is likely to follow. He said this stage could present a strong long-term opportunity for investors, as valuations stabilize and selling pressure gradually fades. Related Reading: Analyst Predicts When Bitcoin Price Will Reach $100,000 In 2026 Based on historical price movements, an accumulation phase after a cycle bottom often sets the foundation for the next major trend reversal. Building on this, Aralez noted that after the accumulation phase, an explosive expansion could follow. This would signal a return of strong bullish momentum, with prices potentially accelerating sharply while investors who had bought at the bottom could see major gains. Featured image from Freepik, chart from Tradingview.com

8 Jun 2026, 13:30

400 Billion SHIB in 24 Hours: Dormant Whale Hits Gnosis Safe After Month of Inactivity

A dormant Shiba Inu coin address just absorbed 400 billion SHIB from a Gnosis multisig vault, boosting its total portfolio value to $1.89 million.

8 Jun 2026, 13:30

Banking Services Will Become A Utility'—A Tether Co-Founder's Bet

Reeve Collins, who co-founded Tether and left in 2015, says banks will fade into background plumbing as every company issues its own stablecoin.

8 Jun 2026, 13:30

ZIGChain and Ondo Finance partner to expand onchain access to US securities

ZIGChain integrates Ondo Finance to bring tokenized US stocks and exchange-traded funds ( ETFs ) onchain, according to information shared with Finbold on Monday, June 8, 2026 ZIGChain, a Layer 1 blockchain built to bring investment products onchain for institutions and everyday users, has announced an integration with Ondo Finance to bring tokenized US stocks and ETFs to users across ZIGChain’s ecosystem. Ondo Finance pioneered the tokenization of institutional-grade real-world assets, and the integration extends onchain exposure to publicly traded US securities to a new generation of users across the GCC and beyond. The integration deepens ZIGChain’s real-world asset stack alongside Valdora Finance’s Liquid RWA Vaults and Beehive’s tokenized SME private credit pipeline. Access to Ondo-tokenized products through ZIGChain will roll out in phases beginning at the end of May, with initial availability across selected ecosystem applications and partners, expanding over time. Bringing institutional-grade securities to a broader user base Ondo Global Markets is the issuance and redemption platform behind the tokenized stocks and ETFs. Each token is fully backed by the corresponding stock or ETF, enabling investors outside the United States to gain economic exposure to publicly traded US securities by minting, transferring, and redeeming securities-backed tokens. “The next phase of onchain finance is not about replicating access that institutions already have. It is about taking those instruments and making them genuinely accessible to a broader universe of participants, through transparent, scalable onchain infrastructure, without the minimums and intermediaries that have always stood in the way,” said Abdul Rafay Gadit, Co-Founder, ZIGChain . “Ondo has done the hard work of bringing these products onchain. ZIGChain is the infrastructure through which that reaches a new generation of users. For us, this is deeply aligned with our mission: to make high-quality financial opportunities more open, more programmable, and more globally accessible.” “Bringing tokenized US stocks and ETFs to new ecosystems and user bases is core to what the Ondo Global Markets platform enables. ZIGChain’s infrastructure gives investors across the GCC onchain exposure to the world’s most in-demand securities, with the execution quality and transparency that institutional markets demand. This is exactly the kind of distribution that expands the reach of tokenized finance where it matters most” said Oya Celiktemur, EMEA Director, Ondo Finance. Featured image via Shutterstock. The post ZIGChain and Ondo Finance partner to expand onchain access to US securities appeared first on Finbold .