Invest ideasNews
7 Jun 2026, 22:09
HBAR jumps nearly 4 percent in a day! What are investors watching after the breakout?
🚀 HBAR soared up to 3.9 percent in a single day. 📊 The token’s rise brought $67 million in 24 hour trading volume for $HBAR. 🕒 Momentum slowed near $0.0825 as key resistance levels approached. Continue Reading: HBAR jumps nearly 4 percent in a day! What are investors watching after the breakout? The post HBAR jumps nearly 4 percent in a day! What are investors watching after the breakout? appeared first on COINTURK NEWS .
7 Jun 2026, 22:00
Joseph Lubin-Linked Wallet Ignites Ethereum Dump Fears After $121M ETH Transfer
A wallet linked to one of Ethereum’s co-founders has moved more than $121 million worth of ETH for the first time in over three years, and it could not have come at a worse time for market sentiment. The transfer comes at a sensitive moment for ETH, which reacted by falling to a yearly low of $1,537 in the past 24 hours before recovering slightly back above $1,640 at the time of writing. Joseph Lubin-Linked Wallet Moves 80,001 ETH After Three Years Blockchain analytics platform Lookonchain flagged a notable transfer on June 6, noting that a wallet associated with Joseph Lubin, the co-founder of Ethereum and chief executive of Consensys, moved 80,001 ETH valued at $121.6 million following more than three years of complete dormancy. Before Lookonchain highlighted the activity , the wallet held 243,300 ETH worth around $370 million. However, the movement did not stop with the initial 80,001 ETH transfer. Data from Arkham Intelligence shows that another 30,000 ETH was moved out of the same wallet after Lookonchain’s post, bringing the total outflow to 120,000 ETH within a short period. At the time of writing, the wallet’s remaining balance is at 133,000 ETH, meaning nearly half of the ETH previously held in the address has now been transferred out. The sudden reactivation of the wallet set off alarm bells across crypto social media at a time when Ethereum has already shed about 47% of its value since the beginning of the year. Ethereum has already been trading under pressure in June, and a large movement from a wallet associated with one of the network’s earliest and most visible figures naturally led to panic from other Ethereum traders. Is #Ethereum co-founder Joseph Lubin( @ethereumJoseph ) preparing to dump $ETH ? A wallet linked to Joseph Lubin, which holds 243,300 $ETH ($370M), transferred out 80,001 $ETH ($121.6M) after more than 3 years of inactivity. https://t.co/s6lzxlNpRy pic.twitter.com/f0hyWvQBAm — Lookonchain (@lookonchain) June 6, 2026 Some Whales Buy The Dip While Others Head Out Following the outflows from Lubin’s wallets shows that the cryptocurrencies eventually entered into a DSProxy wallet. While the intentions as to the transactions can be debated, other large holders have been making their moves with more clarity. For instance, Longling Capital, a wallet known on on-chain tracking platforms for its pattern of buying low and selling high, deposited 10,000 ETH worth $15.68 million to Binance, according to Lookonchain. The move to a centralized exchange can be easily interpreted as a precursor to selling from the whale address. However, not every whale is in a selloff mood. One Ethereum OG who sold 60,000 ETH and 9,442 wstETH at approximately $2,040 just a week earlier has already begun buying back the cryptocurrency. Over the past two days, that whale spent $55.8 million to accumulate 35,723 ETH at an average price of $1,563 and may not be done yet, according to Lookonchain data. Featured image from Unsplash, chart from TradingView
7 Jun 2026, 22:00
Crypto market’s weekly winners and losers – H, BEAT, ADA, ZEC
Here's a look at how some of the market's most popular cryptocurrencies performed over the past week.
7 Jun 2026, 22:00
Ethereum’s RSI Just Hit Its Lowest Level In History, And That May Be Exactly The Point
Ethereum’s latest price crash has pushed the cryptocurrency below $1,800, placing its monthly chart under pressure at a time when the entire crypto market sentiment has turned heavily bearish. There is also another weakness coming from the monthly RSI, which has now dropped to its lowest level since the asset launched in 2015. That reading has made the current setup very important, as previous deep RSI resets appeared near major Ethereum cycle lows in 2020 and 2022, and there’s also a question of whether the same pattern is forming again. Related Reading: Bitcoin Price Plunges To $59K, Sparking Fears Of Deeper Decline RSI Hits Its Lowest Level Since Ethereum’s Launch Ethereum has endured a brutal nine months since it peaked at $4,946 in August 2025. The brutal price action has culminated in a break below $1,800 in June, with the leading altcoin falling to as low as $1,536 in the past 24 hours, which is its lowest price level so far in 2026. Interestingly, that crash has caused the monthly Relative Strength Index (RSI) on ETH/USD to print its lowest reading since Ethereum’s launch in 2015. The monthly RSI indicator chart shows the index dropping to around 40, its lowest level on the monthly timeframe since ETH began trading in 2015. Ethereum Price Chart. Source: @CryptoPatel On X What Does This Mean For Ethereum? Back in 2020, Ethereum’s RSI reached a depressed level before ETH began a massive rally from around $88 to its 2021 peak above $4,800. Again in 2022, another deep RSI reset came before ETH eventually rallied from around $880 to its 2025 all-time high. The current setup is not a guarantee that these same rallies will repeat, but it does show that Ethereum is now in the type of momentum zone that has always appeared closer to major bottoms than cycle tops. A notable difference this time is that the RSI has gone even lower, making the 2026 reading the most extreme in the cryptocurrency’s history. If history repeats itself, the ensuing rally might be even larger than those seen in the previous cycles. Technical analysis of the monthly candlestick timeframe presents Ethereum as moving through another four-year cycle, similar to the move from the 2017 top to the 2021 top. As shown in the chart image above, the 2017 cycle peak is the first major top, the 2021 peak is the next major cycle high, and then there is a projection of a possible top around $10,000 sometime in 2026-2027. Related Reading: XRP Monthly RSI Drops To All-Time Low As Market Watches For Confirmation At the time of writing, Ethereum is trading at $1,612, leaving bulls with the immediate task of defending the $1,600 region with stronger inflows. Speaking of inflows, Spot Ethereum ETFs ended a 17-day streak of outflows on Thursday, June 4, after recording $19 million in net inflows. However, that relief was short-lived, as Friday’s session returned to negative territory with $5.97 million in net outflows. Featured image from Unsplash, chart from TradingView
7 Jun 2026, 21:53
Us lawmakers unveil 7 crypto tax draft bills ahead of June 9
🚨 Us lawmakers share 7 crypto tax bills before key hearing. 💼 Staking, mining, and stablecoin taxes are under discussion in $BTC policy talks. 🔍 Accounting and balance sheet treatment for stablecoins is still undecided. Continue Reading: Us lawmakers unveil 7 crypto tax draft bills ahead of June 9 The post Us lawmakers unveil 7 crypto tax draft bills ahead of June 9 appeared first on COINTURK NEWS .
7 Jun 2026, 21:38
Bitcoin Holds $61.8K 200-Week SMA as NY Court Stays 39,069 Wallet Lawsuit
Bitcoin News The New York Supreme Court has paused all proceedings in the high-profile case seeking ownership of 39,069 dormant Bitcoin wallets, blocking any move toward default judgment ahead of a...
