News
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1Bitget Daily Digest (June 4) Trump Doubles Tariffs Starting June 4 | ETH Co-Founder in Talks with Sovereign Wealth Fund2Donald Trump is Launching a Crypto Wallet with TRUMP Airdrop Rewards3Ethena (ENA) To Rise Higher? Key Emerging Pattern Suggests Potential Upside Move
Bitcoin profit-taking underway as ‘big whales’ continue sell-off
The Bitcoin supply held by whale entities has declined by 40% over the past eight years as profit-taking continues.
Cointelegraph·2025/06/04 09:11
Is Bitcoin’s Reign Threatened as Altcoins Approach Historic Support Levels?
Exploring the Potential for Altcoin Emergence: Unpacking the Implications of Dominance Charts and Market Rotation
Coineagle·2025/06/04 07:56
Dogwifhat (WIF) To Rise Higher? Key Pattern Suggests Potential Upside Move
CoinsProbe·2025/06/04 06:40
Ethereum Price Aims Upside Break, Can The Bulls Regain Control?
CryptoNewsNet·2025/06/04 02:48
Ripple’s RLUSD Stablecoin Approved in Dubai
Ripple’s U.S. dollar-backed stablecoin RLUSD has received regulatory approval from the Dubai Financial Services Authority (DFSA) for use within the Dubai International Financial Centre (DIFC), marking a key milestone for the firm’s global expansion efforts.
DeFi Planet·2025/06/03 23:00
Bitcoin Aims for $120K Amid Resistance Breakout Speculation
Theccpress·2025/06/03 22:16
Satoshi’s Bitcoin Holdings May Surpass Bill Gates’ Amid May Exchange Netflow Trends
Coinotag·2025/06/03 21:16
Bitcoin traders predict ‘larger correction’ as BTC price eyes sub-$100K liquidity
Cointelegraph·2025/06/03 21:08
Is a New Altcoin Season Dawning? Comparing Bitcoin and Altcoins Outlook
Unpacking Predictions and Uncertainties Surrounding the Potential Onset of Altcoin Season
Coineagle·2025/06/03 19:08
Can $104K Save Bitcoin from Further STHs driven Meltdown?
Understanding Bitcoin's Volatility: The Role of Short-term Holders and the Importance of Stabilizing Above Crucial Levels
Coineagle·2025/06/03 19:08
Flash
- 09:58Analysis: Of the ETH transferred by Vitalik to Railgun, 205.5 were purchased using DAI and UNIAccording to EmberCN monitoring, out of the 693.9 ETH that Ethereum co-founder Vitalik transferred to Railgun in the past half hour, 205.5 ETH were purchased by Vitalik using 317,000 stablecoins DAI and 33,000 UNI. As a co-founder, Vitalik acquired a large amount of ETH in the early stages of Ethereum, and many of his donations came from these holdings rather than market purchases. In this transfer, Vitalik unusually used USDC and UNI to purchase ETH.
- 09:56ASX-listed Locate Technologies to Allocate Bitcoin in Balance SheetASX-listed company Locate Technologies announced the completion of a 1.45 million AUD financing and has become the first ASX-listed company to allocate Bitcoin on its balance sheet. The company stated that it will allocate cash exceeding operational funding needs to Bitcoin, aiming to establish a long-term strategic position. Company CEO Steve Orenstein said this move could strengthen the balance sheet and support future mergers and acquisitions, while acknowledging that some shareholders may be cautious. (Forbes)
- 09:42Study: Nearly 45% of VC-Backed Crypto Projects Have Ceased OperationsA joint study by Chainplay and Strorible reveals that among the 1,181 crypto projects that received venture capital between January 1, 2023, and December 31, 2024, nearly 45% have ceased operations, and 77% have a monthly revenue of less than $1,000. Among venture capital firms, Polychain Capital has the highest failure rate, with 44% of its invested projects terminated and 76% not generating effective revenue. Yzi Labs has a project failure rate of 72%. Top venture capital companies like Circle, Delphi Ventures, Consensys, and Andreessen Horowitz also have a large number of supported projects that have ceased operations, with many having a failure rate of over two-thirds. Among angel investors, Balaji Srinivasan has a "zombie project" rate of 57%, ranking first; Arthur Hayes has 34%, Santiago Santos has 15%, and projects supported by Sandeep Nailwal and Stani Kulechov each have a 10% cessation rate. The data shows a significant correlation between fundraising scale and success rate. Projects with funding exceeding $50 million have a noticeably lower failure rate, while among projects with funding less than $5 million, 33% have failed, and 20% have ceased operations.