What’s the Buzz About #PNUT📈 ? If you’re looking for a meme coin that could skyrocket today, #PNUT (Peanut Squirrel) is the one to watch. Launched recently on the Pump.fun platform, this quirky token has been gaining serious traction thanks to its humorous branding and viral momentum on social media. $PNUT Key Stats: Market Cap: Over $1.1 Billion 24h Volume: $1.3 Billion+ Community: Gamers, NFT collectors, meme lovers Use Case: In-game rewards and NFT collectibles Why #PNUT Could Pump Today: 1. Viral Marketing: Influencers and meme pages are constantly sharing content about #PNUT, making it trend across Twitter, TikTok, and Telegram. 2. Gaming Integration: #PNUT offers real utility in blockchain-based games, with NFTs tied to gameplay rewards. 3. Community-Driven Hype: Daily challenges and contests have built a loyal following that’s actively promoting and holding the coin.
Bitcoin price stalls as spot ETFs bleed for second week
Bitcoin price has stalled at $105,000 amid increasing spot ETF outflows and as sentiment among investors turned to neutral. $BTC
btc0.41%Bitcoin was trading at $105,550 on Sunday, June 8, up by 5% from its lowest point last week. It remains 5.75% below its highest point this year. Bitcoin has wavered recently because of investor profit-taking. In May, its price surged to a record high of $111,900, a 50% surge from the lowest level in April. BTC also wavered as data pointed to outflows from exchange-traded funds. SoSoValue data shows that these ETFs shed $128 million last week after shedding $157 million a week earlier. It was the first back-to-back weekly outflows since April. Further data shows that sentiment among crypto investors has turned neutral this month. The closely-watched fear and greed index has dropped to the neutral point of 56. Bitcoin has also wavered after reports emerged that China was considering selling its seized coins. Data shows that it holds 190,000 coins worth over $20 billion. Still, Bitcoin has two key catalysts that may push it higher in the coming weeks. First, the chart below shows that the supply of Bitcoin on exchanges has been in a freefall this month and currently stands at 1.18 million, down from 1.35 million when the month started. It has fallen from over 3.5 million in 2020. Second, more companies are intensifying their Bitcoin purchases. Strategy is raising over $2 billion more to buy Bitcoin, while Trump Media has filed to raise up to $12 billion for purchases. Other firms like MetaPlanet and The Blockchain Group are intensifying their purchases.The other Bitcoin catalyst is its solid technicals. The daily chart shows that it has slowly formed a cup-and-handle pattern and is completing the handle section.
Bitcoin has also remained above the 50-day and 200-day moving averages, which provide substantial support. It has also remained above the major S/R pivot point of the Murrey Math Lines tool.
Therefore, the coin will likely bounce back in the coming weeks. The initial target is the cup’s upper side at $109,477. After moving above the all-time high of $111,900, it may surge to $150,000.
🔹 1. $150 Million Bitcoin Whale Transfer Shakes Market A massive Bitcoin transfer worth over $150 million has been reported by Whale Alert. The coins were moved to a major US-based exchange, sparking speculation of upcoming price movements. 🔹 2. Binance Launches Live Trading Feature Binance has introduced a new "Live Trading" feature, allowing users to trade directly during live streams. This interactive feature aims to boost real-time engagement and learning. 🔹 3. Pi Network Announces GCV Value: 1 Pi = $314,159 Pi Network officially announced its Global Consensus Value (GCV), setting the price of 1 Pi at $314,159. This major milestone has ignited discussions across the Pi community and social media.
Bitcoin bottleneck: Demand outmints supply, who’s to blame?
A dramatic supply crunch is reshaping the Bitcoin market as institutional investors ramp up purchases, hoard millions of coins, and dry up available liquidity. With daily corporate acquisitions far outpacing mining output, experts warn of a looming imbalance that could redefine Bitcoin’s role from a volatile asset to a strategic reserve. New forecasts predict trillions of dollars in institutional inflows, while long-term holders and governments show no intention of selling. As centralized exchanges run dry and regulation looms, Bitcoin Bitcoin #BTC 1.16% Bitcoin may be on the brink of a structural transformation—one that could permanently limit access to the world’s leading cryptocurrency. 2,000 bitcoins a day? Bitcoin treasury company Strategy buys over 2,000 bitcoins on average daily, while miners produce only 450 units per day. The real gap is much higher as more institutions join the Bitcoin race. How this impacts the future of Bitcoin remains to be seen, but a new report provides a clue. UTXO’s Guillaume Girard and Will Owens predict that by the end of 2025, institutions will invest $130 billion in Bitcoin. In 2026, this amount will grow to $300 billion. According to Girard and Owens, the total amount of bitcoins purchased by institutions will hit 4.2 million, which is 20% of Bitcoin’s total supply (if we don’t take millions of lost bitcoins into consideration). According to the Bitcoin Treasuries website, as of May 2025, 3.35 million bitcoins were held in corporate, state, and various other treasuries. Only nearly 800,000 bitcoins are held on corporate balance sheets now. How is Bitcoin getting sold off from the circulation? According to Strategy chair Michael Saylor, the company is not going to sell any of its bitcoins. Assuming Strategy and other entities copying its playbook won’t be selling bitcoins, then we should acknowledge that Bitcoin’s supply is shrinking at an ever-increasing speed. As governments, along with private and public companies, continue to buy bitcoins without the intention of selling, more coins will disappear from circulation at an ever-growing speed. CryptoQuant CEO Ki Young Ju claims that Bitcoin’s annual deflation rate is -2.23% thanks to Strategy’s activity. In the first third of 2025, corporations purchased 196,000 BTC while the mined amount is only around 60,044 BTC. The amount acquired by long-term holding companies already outperformed the entire amount of bitcoins projected to be mined in 2025 (164,250 BTC). As the new Bitcoin treasuries continue to occur (Nakamoto and 21 Capital are the latest high-profile launches), #Bitcoin will increasingly lose liquid supply. The market situation may drastically change. According to the UTXO forecast, 2026 may see less volatility, increased transparency or reserves, and a change of Bitcoin’s role from a seized asset to a strategic reserve asset. Bitcoin-based decentralized finance (“BTCfi”) platforms will allegedly get bigger. The new era may see drastically lower circulation of Bitcoin.
Crypto Bulls Lose $500M as Bitcoin Hovers Around $108K After Trump’s Tariff Threats
$TRUMP $BTC U.S. President Donald #Trump threatened a 50% tariff on all European Union imports and a 25% levy on imported Apple iPhones late Friday, sending markets tumbling. What to know: Bullish crypto bets lost over $500 million as markets reacted to President Trump's tariff threats.Bitcoin's price dropped sharply, leading to significant losses across the crypto market, including ether, Solana, XRP, and dogecoin.The largest single liquidation was a $9.53 million BTC-USDT swap on OKX, highlighting market volatility and potential turning points. Bullish crypto bets lost over $500 million in the past 24 hours as traders took profits and markets slid following President Donald Trump’s fresh threats of tariffs on European imports and Apple products, sparking a wave of liquidations. Bitcoin, which had been trading above $111,000, dropped quickly to around $108,600, wiping out intraday gains and rattling broader market sentiment. BTC’s drop was mirrored across the crypto complex, with futures tracking ether (ETH), Solana’s SOL, xrp (XRP) and dogecoin (DOGE) showing losses from $30 million to over $100 million. Bitcoin futures saw roughly $181 million in losses, while Ether futures accounted for nearly $142 million. Altcoins added another $100 million in liquidations, including notable wipeouts in SOL, DOGE, and XRP.
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Bitcoin (BTC) has surged past $111,000, reaching a new all-time high. This rally is attributed to positive movements in U.S. cryptocurrency legislation and increased institutional interest. Notably, Coinbase's stock has climbed in response to these developments .
🏦 Kraken Introduces Tokenized U.S. Stocks
Crypto exchange Kraken has announced the launch of tokenized versions of over 50 U.S. stocks and ETFs, including Apple, Tesla, and Nvidia. This initiative allows overseas customers to trade these assets 24/7, bridging traditional finance with the crypto world .
📈 Altcoins and Meme Coins Rally
The altcoin market is experiencing significant gains, with Ethereum (ETH) trading around $2,654 and Solana (SOL) at $180. Meme coins like PEPE and SHIB have also seen notable increases, reflecting a broader market enthusiasm .
🌐 Regulatory Developments in the EU
Crypto.com has received approval to offer crypto derivatives in the European Union, thanks to licenses under MiCA and MiFID regulations. This marks a significant step in the integration of crypto services within traditional financial frameworks .
🐔 Bybit's Unique Trading Initiative
Bybit has launched "Chicken Trader," a novel trading competition featuring poultry-powered trading strategies. This creative approach aims to engage the crypto community in a fun and educational manner .