hodler

7 Jun 2026, 22:30

Expert Flags Bitcoin’s First Hashrate Bear Market as Network Sheds 145 EH/s

With bitcoin prices sliding to levels not witnessed since February, the network’s hashrate has undergone a steep contraction, with 145 exahash per second (EH/s) exiting the system since the close of May. Hashprice Falls 27% in 30 Days as Miner Revenue Tightens Bitcoin’s computational strength has retreated notably since May 28, 2026, when the network

7 Jun 2026, 22:25

Bitcoin Breaks $63,000 as Market Momentum Continues

BitcoinWorld Bitcoin Breaks $63,000 as Market Momentum Continues Bitcoin (BTC) has climbed above the $63,000 mark, according to market data tracked by Bitcoin World. The leading cryptocurrency is currently trading at $63,134.33 on the Binance USDT market, signaling renewed bullish sentiment among traders. Price Action and Market Context The move past $63,000 represents a notable gain in recent trading sessions, pushing BTC further into positive territory for the week. This price level is a key psychological threshold, and its breach has drawn attention from both retail and institutional participants. The current price action follows a period of consolidation, and the breakout above $63,000 suggests that buying pressure has intensified. What This Means for Traders For market participants, the $63,000 level now serves as a potential support zone if the rally holds. Conversely, a failure to sustain this level could lead to a retest of lower support areas. The broader cryptocurrency market is also showing signs of strength, with several altcoins posting gains alongside Bitcoin. However, traders should remain cautious, as volatility remains a defining characteristic of the crypto market. Key Levels to Watch Market analysts are closely monitoring the $63,000 to $64,000 range for resistance. A sustained move above $64,000 could open the door for a test of higher price targets. On the downside, $60,000 remains a critical support level. The overall trend remains positive, but profit-taking at these levels is a common occurrence. Conclusion Bitcoin’s rise above $63,000 is a significant development in the current market cycle. While the immediate outlook appears bullish, traders should be prepared for potential pullbacks. The coming days will be crucial in determining whether this breakout can be sustained or if the market will revert to a range-bound pattern. As always, conducting independent research and managing risk is essential. FAQs Q1: Why is Bitcoin’s price moving above $63,000? Bitcoin’s price movement is driven by a combination of factors, including increased buying volume, positive market sentiment, and broader macroeconomic trends. The exact catalyst can vary, but technical breakouts often attract momentum traders. Q2: Is $63,000 a strong support level now? If Bitcoin holds above $63,000 after the initial breakout, it could act as a new support level. However, markets often retest key levels before confirming a breakout, so traders should watch for a consolidation phase. Q3: Should I buy Bitcoin now that it’s above $63,000? This article does not provide financial advice. Price movements can be unpredictable, and past performance is not indicative of future results. Always do your own research and consider your risk tolerance before making any investment decisions. This post Bitcoin Breaks $63,000 as Market Momentum Continues first appeared on BitcoinWorld .

7 Jun 2026, 22:20

Solana climbs 5.39 percent in 24 hours and tests $64.85! What are the next targets for investors?

🚀 Solana jumped 5.39 percent in just 24 hours, climbing above $64.85. 📉 Intense selling dragged $SOL to multi year lows and eight straight months of downturn. 🔎 Analysts are watching if the $60 support and $70 resistance will decide the next big move. Continue Reading: Solana climbs 5.39 percent in 24 hours and tests $64.85! What are the next targets for investors? The post Solana climbs 5.39 percent in 24 hours and tests $64.85! What are the next targets for investors? appeared first on COINTURK NEWS .

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.