hodler

8 Jun 2026, 12:00

Shiba Inu sees 107 billion SHIB outflow as price rises 0.3%

🚀 Over 106.9 billion SHIB left exchanges in 24 hours. 📈 $SHIB price saw only a 0.3% uptick, staying near lows. 🧐 Investors seem cautiously optimistic but need stronger signals. Continue Reading: Shiba Inu sees 107 billion SHIB outflow as price rises 0.3% The post Shiba Inu sees 107 billion SHIB outflow as price rises 0.3% appeared first on COINTURK NEWS .

8 Jun 2026, 11:45

Crypto markets update XRP’s price for June 30, 2026

Prediction markets are signaling a cautious XRP price prediction for June 30, 2026, with traders largely expecting the cryptocurrency to remain within its current trading range rather than stage a major breakout. Notably, XRP has come under pressure in recent weeks, with the token increasingly at risk of testing the key $1 support level. The weakness mirrors broader softness across the cryptocurrency market , where risk assets have struggled amid Bitcoin ( BTC )-led selling pressure and uncertain macroeconomic conditions. Data from the decentralized prediction platform Polymarket suggests market participants see limited upside potential for XRP before June 30. The platform, which has attracted more than $500,000 in trading volume on the event, indicates traders are assigning relatively low odds to a sustained rally above key resistance levels. XRP price prediction. Source: Polymarket The market assigns roughly a 41% probability that XRP could fall to $1 or below at some point during June, highlighting lingering concerns about downside risk. In contrast, the probability of XRP reaching $1.40 stands at about 22%, while the chances of a move to $1.60 are estimated at approximately 7%. XRP’s path to $2 Meanwhile, probabilities for XRP reaching $1.80 remain in the low single digits, while the likelihood of surpassing $2 before month-end is below 3%. The odds of setting a new all-time high are considered negligible by market participants. The cautious XRP price forecast for June 2026 is largely tied to the token’s continued correlation with Bitcoin and broader cryptocurrency market sentiment. XRP has struggled to regain momentum after falling from approximately $1.33 at the end of May to around $1.15 in early June, mirroring weakness across the digital asset market. Prediction market traders appear to be factoring in the absence of any immediate catalyst capable of decoupling XRP from Bitcoin’s price action, leading to expectations that the token will remain range-bound through the end of the month. XRP price analysis At press time, XRP was trading at $1.15 after gaining about 1.3% over the past 24 hours, although it remained down nearly 12% on the weekly timeframe. XRP seven-day price chart. Source: Finbold From a technical perspective, XRP remains in a bearish trend, trading well below its 50-day simple moving average ( SMA ) of $1.37 and 200-day SMA of $1.62, signaling sustained weakness across both the medium- and long-term outlooks. However, the 14-day Relative Strength Index ( RSI ) of 18.43 places XRP deep in oversold territory, suggesting selling pressure may be becoming overextended. While this could support a short-term rebound, the broader trend remains negative unless the cryptocurrency can reclaim key moving average levels. The post Crypto markets update XRP’s price for June 30, 2026 appeared first on Finbold .

8 Jun 2026, 11:40

BTC price bottom not due until Q4? Five things to know in Bitcoin this week

Bitcoin traders warned that it should be Q3 at least before the real BTC price bear market bottom entered.

8 Jun 2026, 11:34

Bitcoin Price Today: BTC Holds Near $60K as Exchange Reserves Flash a Warning

Bitcoin is at a crossroads after a sharp decline pushed the asset back into one of the most important support areas of the current market cycle. On June 5, BTC fell to $59,100 , reaching a level that has historically either stopped major declines or opened the door to significantly lower prices. At press time, Bitcoin had recovered to $61,966. However, the rebound has not resolved the bigger question facing the market: is BTC forming another major bottom, or is this only a pause before the next leg lower? Bitcoin Returns to a Level That Has Marked Past Cycle Bottoms The 200-week EMA remains one of Bitcoin’s most closely watched long-term market benchmarks. Michaël van de Poppe noted that Bitcoin has bottomed around this level during most previous bearish cycles, with 2022 standing out as the main exception. According to the trader, the current decline is one of the deepest moves of this type in Bitcoin’s history. That makes the setup especially difficult to interpret. The level is important enough to attract buyers, but the strength of the selloff means a clean recovery is not guaranteed. Trader Daan Crypto Trades added another important technical detail. In previous cases where Bitcoin lost major support levels, price often accelerated lower and did not return to those levels for a long time. This time, BTC appears to be holding near its previous low, at least temporarily. That leaves room for a different structure to develop. If buyers continue defending the area, Bitcoin could begin forming a wide trading range between roughly $60,000 and $80,000. Such a range would not confirm a bullish reversal immediately, but it would show that sellers are struggling to force a deeper breakdown. BTC/USD 1-week chart. Analysis by Michaël van de Poppe Bulls See a Bear Trap While Bears Watch $55K Market sentiment is now sharply divided. Analyst Crypto Candy continues to favor a bearish scenario, arguing that if downward momentum continues, Bitcoin’s next major target sits around $55,000 or lower. That view remains valid as long as BTC fails to reverse the current trend and reclaim stronger resistance levels. BTC/USD 1-day chart. Analysis by Crypto Candy Trader BitBull sees the situation differently. He argues that Bitcoin may be forming a major bear trap, especially as even committed bulls begin to lose confidence. In his view, moments of extreme doubt often appear near turning points, not after the market has already recovered. BitBull said he was bearish when Bitcoin traded near $80,000, but not at current levels. His argument is simple: after a sharp decline into a major support zone, the risk-reward picture changes. If sellers fail to push BTC lower soon, the market could begin punishing late shorts instead. Exchange Reserves Create a Warning That Bulls Cannot Ignore The bigger concern may not be which trader is right, but what Bitcoin flows to exchanges are signaling. Bitfinex highlighted an unusual shift in exchange reserves. Despite large-scale liquidations and a 26% decline, Bitcoin reserves on exchanges rose to 2.72 million BTC, reversing a months-long outflow trend. That is important because previous local bottoms often developed alongside withdrawals from exchanges. In those cases, investors were moving coins away from trading venues, reducing available supply and signaling stronger accumulation behavior. This time, the opposite appears to be happening. A rise in exchange reserves during a decline points to increased potential selling pressure rather than clear accumulation. It suggests that some market participants may be preparing to sell, not aggressively buying the dip. Bitcoin exchange reserve dynamics. Source: CryptoQuant For now, Bitcoin is holding near key support, but market participant behavior does not yet confirm that this level will become the next major cycle bottom. Price action is trying to stabilize, while exchange flows are sending a more cautious signal.

8 Jun 2026, 11:33

Bitcoin’s Worst Week Of 2026 Is Happening Right Now — QCP Explains Why The Bottom Isn’t In Yet

Bitcoin entered June under significant pressure, trading down approximately 11.6% on the week heading into June 8 and struggling to reclaim key momentum levels — caught between crypto-specific deleveraging and a macro environment where oil, real yields, and policy uncertainty are all moving in the wrong direction simultaneously, according to QCP Capital’s latest Market Colour update. Related Reading: Bad News For Bitcoin: Historical Lows Show The Bottom Actually Lies Below $30,000 The catalyst that accelerated the selloff came from an unexpected source. Strategy’s disclosure that it sold 32 Bitcoin in late May to fund preferred dividend payments — a sale immaterial in size but significant in symbolism — was enough to challenge the “never sell” narrative that has made the company a structural demand anchor for Bitcoin since 2020, per QCP’s analysis. “In markets, symbolism rarely pays dividends, but it can certainly move prices,” the firm noted in the June 3 report. BTC's price records small gains over the past few days, as seen on the daily chart. Source: BTCUSD on Tradingview Two Forces Hitting At Once QCP frames the current price action as a double compression — Bitcoin being squeezed from both directions simultaneously. On the crypto-specific side, the Strategy headline triggered a wave of deleveraging from holders who had priced in unconditional accumulation from the world’s largest corporate Bitcoin buyer. On the macro side, oil pushed higher as Middle East hostilities flared and US-Iran talks stalled — keeping the Hormuz risk premium that has weighed on markets since February firmly in place. Stronger-than-expected US job openings data simultaneously reduced confidence in near-term Federal Reserve rate cuts, reinforcing what QCP describes as the higher-for-longer rates backdrop. For a high-beta asset like Bitcoin, QCP notes, that is “not a particularly friendly seating arrangement.” Options Markets Signal Caution Over Capitulation The options market is confirming the defensive tone without yet flashing outright panic. Thirty-day at-the-money implied volatility repriced sharply higher to approximately 41.4 — up more than four volatility points on the day and seven on the week — as realized volatility caught up to implied levels, per QCP’s analysis. The surface continues to show persistent demand for downside protection, with the front-end term structure mildly inverted and risk reversals deeply negative. QCP’s characterization of the vol market is pointed: the message is “less ‘buy the dip’ and more ‘please insure the dip before discussing it.'” Implied volatility is no longer obviously cheap, which means the cost of hedging downside exposure has risen materially alongside the price decline — a dynamic that discourages fresh long positioning from risk-managed institutional players. The Offset That Hasn’t Been Enough The broader cross-asset picture offers a partial explanation for why Bitcoin hasn’t found stronger support. Equities have remained resilient on AI-linked earnings, supported by hyperscaler and semiconductor strength — but that strength is increasingly concentrating speculative capital in mega-cap tech and a pipeline of high-profile upcoming IPOs, per QCP. The same dynamic Arthur Hayes flagged when exiting his HYPE and NEAR positions — three mega AI IPOs absorbing institutional risk capital between now and early Q3 — appears to be playing out in real time, with equities doing heavy lifting for risk appetite broadly while Bitcoin absorbs the macro headwinds without the AI growth story to cushion them. Related Reading: Cardano Price Crash Exposes ADA’s Deeper Problem, Says Longtime Bull QCP’s overall framing is telling: Bitcoin is caught between its structural long-term adoption narrative and a near-term tape that offers little support. Not quite panic. Not quite bargain hunting. The market is waiting for something to shift — and until clearer signals emerge on Iran, the Fed, or the AI IPO pipeline, the path of least resistance remains lower. As of this writing, Bitcoin trades at around $62,562, attempting to stabilize at the lower boundary of its Power Law corridor — a level that has historically preceded rebounds but has yet to generate meaningful buying conviction in the current environment. Cover image from Grok, BTCUSD chart from Tradingview

8 Jun 2026, 11:30

South Korea Halts KOSPI Trading After 8.4% Crash Trips Circuit Breaker

South Korea’s KOSPI index plunged 8.4% on Monday, triggering a rare circuit breaker that froze trading for 20 minutes as a global semiconductor selloff battered Asian markets and rattled risk assets, including crypto. A Rare Trading Halt The Korea Exchange activated a Level 1 circuit breaker at 9:03 a.m. local time, suspending trading for 20