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4 Jun 2026, 22:34
XRP loses momentum and tests $1.14 to $1.18 support

🚨 XRP drops to test the crucial $1.14 to $1.18 support range. 📉 If this zone fails, moves toward $1.00 and $0.92 could follow. 📊 Oversold signals appear in $XRP technical indicators after recent sell-off. Continue Reading: XRP loses momentum and tests $1.14 to $1.18 support The post XRP loses momentum and tests $1.14 to $1.18 support appeared first on COINTURK NEWS .
4 Jun 2026, 22:30
Sugarcane-Powered Bitcoin Mine to Launch in Brazil With Tether Backing

The project, managed by Adecoagro, an agricultural powerhouse, will constitute one of the first initiatives of its kind in Latam. Matheus Lechuga, project manager at Adecoagro, stated that at this first stage, the company seeks to achieve energy efficiency. Tether-owned Adecoagro to Pilot Sugarcane-Fueled Bitcoin Mining in Brazil Mining companies are migrating to cheaper, greener
4 Jun 2026, 22:30
Bitcoin’s Great Wealth Transfer May Fuel Next Rally, Says CryptoQuant CEO

CryptoQuant CEO Ki Young Ju says Bitcoin’s current distribution phase may be less a sign of structural weakness than a major transfer of supply from old market participants to US financial institutions, ETFs and new long-term holders. In a series of posts on X, Ki argued that selling by Bitcoin OGs and long-time miners is part of a broad “change of hands” rather than evidence that the asset has exhausted its cycle. The key question, in his view, is not only how much supply is being sold, but who is ultimately absorbing it. “I believe that the selling by Bitcoin OGs and long-time miners is part of a major shift in hands, transferring to US traditional financial institutions, investors, and ETFs,” Ki wrote. “So, I disagree with the claim that Bitcoin won’t do well anymore once the shift is complete and there’s no more liquidity coming in.” Bitcoin’s Ownership Base Is Changing Ki’s thesis centers on the composition of Bitcoin holders. He said that, for any asset, the long-term market setup depends heavily on the capital base behind it. If the new owners are institutions capable of attracting larger pools of liquidity over time, he argued, the transition could ultimately support another upward cycle. “For any asset, what ultimately matters is who holds it,” he wrote. “If the people holding it now are entities that can bring in even greater liquidity going forward, then I think we can look forward to the next rally at any time.” The argument marks a notable framing of the current market. Bitcoin has seen intense sell pressure even as large institutional buyers have continued absorbing supply. Ki described the current distribution phase as “a massive change of hands,” pointing to a market where old holders are distributing while ETFs, Strategy and newer cohorts take the other side. Related Reading: Bitcoin Traders Turn Most Fearful In 2 Months Following Crash According to Ki, Bitcoin investors’ average cost basis is around $53,000. Historically, he said, bear markets ended only after price fell below the realized price. He previously thought that level would be difficult to revisit because of institutional inflows and Strategy’s limited selling. But he said recent price action indicates “unusually strong sell pressure.” The scale of absorption is central to his concern. Since January 2023, Strategy has bought 711,206 BTC and sold only 32 BTC, removing a net 711,174 BTC from circulation, according to Ki. Since March 2024, when Bitcoin was also around $63,000, ETFs have absorbed 509,102 BTC while Strategy bought another 650,706 BTC. Together, that amounts to 1,240,808 BTC absorbed, yet price has returned to the same level. For context, Ki noted that exchange reserves sit around 2.7 million BTC, while Satoshi Nakamoto is estimated to hold around 1 million BTC. In other words, more Bitcoin than Satoshi’s estimated stack, and nearly half of exchange reserves, has been absorbed without producing a sustained price advance. Short-Term Buyers Are Maturing Ki also pointed to a major shift inside the realized-cap structure. Bitcoin is at roughly the same price as two years ago, he said, but the holder base looks materially different. The 6-month-to-2-year cohort, representing investors who entered during this cycle, now accounts for 53% of realized cap, up from 15% two years ago. That matters because, in Ki’s interpretation, short-term holders are gradually becoming long-term holders. He compared the current figure with the previous cycle, when Bitcoin bottomed after the same cohort reached 68% of realized cap. “Short-term holders are evolving into long-term holders,” he wrote. Related Reading: Bitcoin Drops Below $66,000 Amid Mounting ETF Outflows, $4B Withdrawn In 12 Days The setup is not without risk. Ki reposted a separate observation from Julio Moreno stating that overall Bitcoin demand, including speculative and spot demand, is contracting at a monthly pace of 232,000 BTC. Moreno argued that the current correction is tied directly to Bitcoin demand conditions, not to equities, oil or macro indicators, noting that stocks are at all-time highs while manufacturing activity is improving. Ki’s posts therefore present a split picture. On one side, current demand is contracting and sell pressure remains heavy despite historic institutional absorption. On the other, Bitcoin’s ownership base is migrating toward institutions and maturing newer cohorts that may provide a deeper demand base in the future. Ki acknowledged that this transition comes with a cultural cost. “Honestly, in terms of rising asset value, I think traditional financial institution investors might provide an even stronger demand base than Bitcoin OGs,” he wrote. “Of course, in that process, some of the cypherpunk values may get diluted. I really regret that part too.” For markets, the debate now turns on whether Wall Street’s growing share of Bitcoin ownership can offset the supply leaving older holders and miners. Ki’s conclusion remains constructive, but conditional on that transfer becoming a source of future liquidity rather than a ceiling on upside. “Still, I believe there will definitely be another upward cycle for Bitcoin,” he wrote. “As an investor, I still believe in Bitcoin and think it’s worth waiting a bit longer.” At press time, BTC traded at $62,696. Featured image created with DALL.E, chart from TradingView.com
4 Jun 2026, 22:20
Tom Lee Predicts $250,000 Ethereum Price Target, Driven by AI and Tokenization

BitcoinWorld Tom Lee Predicts $250,000 Ethereum Price Target, Driven by AI and Tokenization Tom Lee, chairman of Bitmine (BMNR) and co-founder of Fundstrat Global Advisors, has set a long-term price target of $250,000 for Ethereum (ETH). Speaking at the Proof of Talk conference in Paris on June 3, Lee argued that the prevailing market pessimism surrounding Ethereum is itself a strong buy signal, predicting a transformative shift in the network’s utility. Lee’s Vision: A Machine-to-Machine Economy on Ethereum Lee’s thesis centers on the emergence of a ‘machine-to-machine’ economy, where autonomous AI agents will require a native digital currency to transact for computing power and other resources. He posits that Ethereum, with its robust smart contract infrastructure, is best positioned to serve as the base currency for this new economic layer. This prediction moves beyond traditional DeFi and NFT narratives, framing ETH as the fuel for an AI-driven computational marketplace. Following this, Lee envisions the development of a comprehensive real-world asset (RWA) tokenization platform built on Ethereum. He argues that the combination of Ethereum-based stablecoins and the massive growth of tokenized assets—from real estate to commodities—could elevate the network’s total value into the trillions of dollars, thereby justifying his ambitious price target. Market Dynamics and Institutional Shifts Lee highlighted significant structural changes within the Ethereum ecosystem. He noted that the Ethereum Foundation has intentionally sold down its holdings to approximately 0.1% of the total ETH supply, a move that has allowed corporate validators to fill the void. This shift, in his view, indicates a maturation of the network’s security and governance model, moving from a foundation-led structure to a more decentralized, institution-backed one. A key part of this narrative involves Bitmine’s own position. Lee confirmed that Bitmine currently holds approximately 5.4 million ETH, nearing its publicly stated goal of acquiring 5% of the total circulating supply. This accumulation by a single corporate entity, while a bullish signal for price, also raises questions about centralization risks that the broader market is likely to debate. Why This Matters for Investors Lee’s prediction, while extremely bullish, should be viewed within the context of his long-term investment horizon. The $250,000 target is not a short-term forecast but a multi-year vision based on adoption curves for AI and tokenization that are still in their infancy. For readers, this highlights the potential for massive value creation but also underscores the volatility and regulatory uncertainty that could delay or derail such a trajectory. The key takeaway is not the specific price number, but the underlying thesis: Ethereum’s value may increasingly be derived from its role in AI and real-world asset markets, rather than just cryptocurrency speculation. Conclusion Tom Lee’s $250,000 price target for Ethereum is a bold, long-term projection grounded in the convergence of AI, machine-to-machine economies, and asset tokenization. While the path to such valuations is fraught with challenges, including regulatory hurdles and competition from other blockchains, the thesis provides a compelling framework for understanding Ethereum’s potential evolution from a speculative asset to a foundational layer of the digital economy. Investors are advised to weigh the optimistic vision against the current market realities and their own risk tolerance. FAQs Q1: Is $250,000 a realistic price target for Ethereum? Tom Lee’s target is a long-term, multi-year projection based on the successful adoption of AI-driven economies and widespread tokenization of real-world assets. While it is an extremely bullish forecast, it is not a short-term prediction and depends on several technological and regulatory milestones being met. Q2: What is the ‘machine-to-machine’ economy that Lee refers to? This concept describes a future where autonomous AI agents and devices transact with each other for services like computing power, data storage, or API access. Lee believes Ethereum’s smart contracts could serve as the primary settlement layer for these transactions, with ETH as the native currency. Q3: How does Bitmine’s large ETH holding affect the market? Bitmine’s accumulation of approximately 5.4 million ETH (nearing 5% of the total supply) is a significant bullish signal from a major institutional player. However, it also introduces a degree of centralization risk, as the market’s health could become more dependent on the actions of a single large holder. This post Tom Lee Predicts $250,000 Ethereum Price Target, Driven by AI and Tokenization first appeared on BitcoinWorld .
4 Jun 2026, 22:18
This Nasdaq Firm Chasing 10% of Ethereum (ETH) Supply Now Sits on an $85M Hit

Nasdaq-listed Ethereum treasury firm FG Nexus has recorded cumulative losses of more than $85 million on its Ethereum treasury strategy after selling a large portion of its holdings at a significant discount. According to data shared by blockchain analytics platform Lookonchain, the company acquired 50,770 ETH for around $196 million at an average price of $3,860 between August and September 2025. FG Nexus Dumps Holdings at a Loss The pressure has also been reflected in FG Nexus’ stock performance. The latest market data shows the shares closed at $7.11, down 13.4% on the day, after losing roughly 48% of its value so far this year. FG Nexus had previously adopted ETH as its primary treasury reserve asset. The company officially started its accumulation program on July 30, 2025, by acquiring 6,400 ETH, exactly on the 10th anniversary of Ethereum’s genesis block. It then increased its exposure through a series of additional acquisitions. CEO and Chairman Kyle Cerminara had earlier said that FG Nexus “plans to become a significant player in the Ethereum network with a goal of a 10% stake in ETH.” The strategy came under pressure as market conditions deteriorated. ETH, which had been trading above $4,600 in October, declined to about $2,700 by November. This prompted the North Carolina-based company to begin selling. Since then, the crypto asset has seen a much larger drawdown. FG Nexus is among several firms affected by the decline in Ether prices. Peter Thiel’s Founders Fund exited its entire investment in Ethereum treasury firm ETHZilla in February. Meanwhile, Bitmine, which is the largest ETH treasury company, is estimated to be facing unrealized losses of around $9 billion after ETH fell below $1,800. Challenges Extend Beyond Price ETH is currently trading at its lowest level since April 2025. Alongside falling prices, the broader Ethereum ecosystem has also faced a period of uncertainty in recent months. For instance, the Ethereum Foundation (EF) has recently come under increased scrutiny following a series of high-profile departures, including Tomasz Stańczak, Tim Beiko, Josh Stark, and Barnabé Monnot. The exits sparked speculation about internal instability and disagreements over the Foundation’s direction. In response, Ethereum co-founder Vitalik Buterin said the Foundation is not the center of Ethereum but only one participant in the network. The post This Nasdaq Firm Chasing 10% of Ethereum (ETH) Supply Now Sits on an $85M Hit appeared first on CryptoPotato .
4 Jun 2026, 22:15
MEXC Leads on Slippage for ETH and Silver Futures, TokenInsight Report Shows

BitcoinWorld MEXC Leads on Slippage for ETH and Silver Futures, TokenInsight Report Shows A recent analysis of liquidity in the global futures market has revealed notable differences in how major cryptocurrency exchanges perform across various asset classes. The report, published by TokenInsight, found that while Binance, Bitget, and OKX dominate in overall market depth, MEXC offers the most favorable slippage for trading Ethereum (ETH) and silver (XAG) futures. Liquidity and Slippage: What the Data Shows The report measured market depth as the total volume of buy and sell orders within ±0.1% of the current market price—a standard metric for assessing how easily large orders can be filled without moving the price. Binance, Bitget, and OKX led in this category across multiple trading pairs, reflecting their status as the most liquid venues for futures trading. However, when it came to slippage—the difference between the expected price of a trade and the price at which it is actually executed—MEXC outperformed its larger competitors for two specific assets. For ETH futures, MEXC recorded a slippage rate of 0.015%, while for silver futures (XAG), the rate was even lower at 0.01196%. These figures suggest that traders executing medium-to-large orders in these markets may achieve better pricing on MEXC than on more widely used platforms. Bitget and Binance Lead for BTC and Gold The report also highlighted that for Bitcoin (BTC) futures, Bitget offered the lowest slippage at 0.008%, making it the most cost-effective exchange for large BTC trades in terms of price impact. Meanwhile, Binance led for gold (XAU) futures, reinforcing its strong position in precious metals derivatives alongside its dominance in crypto markets. These findings underscore that no single exchange uniformly outperforms across all asset classes. Instead, traders may benefit from selecting platforms based on the specific instrument they intend to trade. Why Slippage Matters for Traders Slippage is a critical factor for active traders and institutional investors. Even small differences in slippage can significantly affect profitability, especially for high-frequency strategies or large block trades. The TokenInsight report provides a data-driven basis for traders to optimize their execution strategies by routing orders to the exchange offering the best liquidity conditions for a given asset. Conclusion The TokenInsight analysis adds valuable transparency to the futures trading landscape, revealing that market concentration varies significantly by segment. While Binance, Bitget, and OKX dominate overall depth, MEXC offers a competitive edge for ETH and silver futures. Traders should consider these nuances when choosing where to execute orders, as the optimal platform depends on the specific asset and trade size. FAQs Q1: What is slippage in futures trading? Slippage is the difference between the expected price of a trade and the actual price at which it is executed. It occurs when market orders are filled at a less favorable price due to insufficient liquidity or rapid price movements. Q2: Why did MEXC perform better for ETH and silver futures? The TokenInsight report indicates that MEXC had tighter bid-ask spreads and higher order book density for these specific assets within the ±0.1% depth range, resulting in lower slippage compared to other exchanges. Q3: Should traders always use the exchange with the lowest slippage? Not necessarily. Slippage is one factor among many. Traders should also consider fees, security, regulatory compliance, available trading pairs, and overall liquidity before choosing an exchange. This post MEXC Leads on Slippage for ETH and Silver Futures, TokenInsight Report Shows first appeared on BitcoinWorld .













































