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Bitcoin: 3 Surprising Twists Behind Today’s Bitcoin Price Shift

Bitcoin Price Today: June 8, 2025

As of today, BTC is trading around $105,725, up slightly by 0.07% from yesterday. The intraday range spans from a low of $105,110 to a high of $105,904, showing modest movement compared to recent volatility.

1. Institutional Inflows & ETF Momentum

Institutional interest remains strong: large inflows into spot BTC ETFs continue to buoy price action. For example, BlackRock’s IBIT fund amassed over $57 billion in assets by February 2024, and similar momentum is now rippling through Europe’s pending Bitcoin ETP launches. Moreover, Sygnum Bank reports that Bitcoin’s liquid supply on exchanges has shrunk by ~30% in the past 18 months, tightening supply as institutional demand intensifies.

2. Technical Patterns Signal Consolidation

Technical analysts note Bitcoin is hovering near the lower band of its 4-hour chart after a strong rally from $90K to $112K. This zone, between $103K–$112K, acts as a critical support-resistance pivot. A bounce from here could set up a run toward $118K, while a breakdown might push price down toward $97K.

3. Macro Outlook & Policy Watch

A calmer backdrop in macroeconomic news—specifically weaker-than-expected U.S. labor data—has hinted at potential Fed rate easing. That, combined with momentum from political developments like the Strategic Bitcoin Reserve executive order signed in March, supports a cautiously bullish narrative.

What’s Next ?

With institutions continuing to pile in, dwindling on‑exchange supply, and strategic support zones holding firm, Bitcoin looks set to stay range‑bound near $105K–$112K. A sustained close above $112K could trigger a fresh wave toward $118K, while a drop below $103K may test deeper support near $97K.

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Bitcoin at $103K: Will It Break $106K or Crash to $90K? Bollinger Bands Signal Big Move

Bitcoin Stuck at $103K – Is a Major Move to $106K or $90K Coming?

Bitcoin (BTC) is at a decisive level, currently trading around $103,600. Technical indicators are showing a tightening range, pointing to either a breakout toward $106K or a possible dip to $90K.

The 4-hour chart on TradingView shows BTC holding support, while Bollinger Bands are narrowing — a typical sign of a sideways phase before a volatile move. Currently, BTC is near the lower band, hinting at short-term oversold conditions. However, bulls haven’t pushed past the mid-band, suggesting hesitation.

The daily chart reflects similar uncertainty, with key resistance at $106,000. A clear break above could trigger fresh bullish momentum. But if Bitcoin fails to break out soon, bears may drag it down toward the $90,000 support zone.

Adding weight to the bearish outlook, John Bollinger recently pointed out a “Three Pushes to a High” pattern, suggesting the rally might be over.

With over $1 billion in recent liquidations and market sentiment mixed due to macro uncertainty, traders are on edge, watching for its next big move.

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XRP Whale Moves $59M to Coinbase Ahead of Ripple-SEC Deadline

A significant transfer of 26.6 million XRP tokens, valued at nearly $59 million, was made to Coinbase on June 5, 2025, as reported by Whale Alert . This move comes just days before the June 16 deadline in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC).

The timing of this large transfer has raised speculation within the crypto community. Historically, substantial transfers to exchanges like Coinbase often precede sell-offs, potentially leading to price declines. Given the proximity to the legal deadline, some analysts suggest the whale might be anticipating unfavorable outcomes or extended proceedings in the Ripple-SEC case.

The SEC is required to submit a status report to the Appeals Court by June 16, marking the end of a 60-day pause granted for settlement discussions . Failure to reach a settlement could result in the case proceeding with appeals and cross-appeals, further prolonging the legal uncertainty surrounding XRP.

At the time of writing, XRP’s price has dipped approximately 3%, trading around $2.19. The market remains watchful as the deadline approaches, with potential implications for XRP’s valuation and the broader crypto landscape.

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Ethereum Surges 5% Amid Institutional Investment and Upcoming Pectra Upgrade

Ethereum (ETH) has recently experienced a notable 5% price increase, reaching $2,616, primarily due to heightened institutional buying. This surge is further bolstered by the anticipation of the upcoming Pectra upgrade, which aims to enhance scalability and performance by merging the previously planned Prague and Electra updates.

The Pectra upgrade is expected to introduce several Ethereum Improvement Proposals (EIPs), including EIP-7251, which increases the staking amount per validator, and EIP-7702, allowing externally owned accounts to utilize smart contract functionalities. These enhancements are anticipated to improve network efficiency and attract more developers and users to the ecosystem.

Market analysts are optimistic about Ethereum’s future, with some predicting that ETH could reach new all-time highs by the end of 2025. This optimism is fueled by the combination of institutional adoption, technological advancements, and the overall positive sentiment in the cryptocurrency market.

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Ripple CTO David Schwartz Envisions XRPL as Full Financial System, Not Just Payments

Ripple’s Vision Grows: CTO David Schwartz Talks XRPL, Beyond Just Crypto Payments

Ripple’s CTO, David Schwartz, just gave a powerful update that shifts how we should think about XRP and the XRP Ledger (XRPL). In his latest post, Schwartz shared that XRPL isn’t just another crypto payment platform. It’s shaping up to be a complete decentralized financial system.

This system will include more than just XRP — it’s being built to support its stablecoin RLUSD, real-world tokenized assets, decentralized exchanges (DEXs), lending, investing, and even smart contracts.

Schwartz pointed out that for a DEX to thrive, it needs more than one token — which is why XRPL is expanding to support a variety of assets. Still, XRP remains key: it’s the native asset, used for fees and liquidity routing.

He also raised a tough question: how much of XRP’s market value today is driven by actual use on the ledger? Ripple is watching this closely as they build for a more open, faster, and efficient financial future.

Bottom line: Ripple isn’t building just for crypto anymore — they’re going after the entire financial stack.

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Pump.fun Reportedly Eyeing $1B Token Sale at $4B Valuation — Is an Airdrop Coming?

Pump.fun May Drop Token Soon With $1B Raise at $4B Valuation — Airdrop Rumors Flying

Pump.fun might just be prepping the biggest meme coin power move of the year. According to unnamed sources speaking to Blockworks, the Solana-based meme coin launcher could soon raise $1 billion in a token sale — valuing the project at a jaw-dropping $4 billion.

That would instantly place Pump.fun among the top 30 crypto tokens by market cap, according to NYC-based entrepreneur Nick O’Neil. Wild, right?

🤫 But… Didn’t They Deny It?

Yup. Earlier this year, co-founder Alon Cohen played it cool on X, brushing off token launch rumors and telling users to ignore speculation.

“I would advise not to listen to anything that didn’t directly come from Pump.fun,” he said, while hinting that users would be rewarded “properly.”

So… maybe an airdrop is on the way? 👀

Community Speculates: Token Drop in 2 Weeks?

While Blockworks didn’t confirm launch timing, X is buzzing with claims that the token drop could happen within the next two weeks, potentially followed by an airdrop for early users.

🔥 “If you’ve used Pump.fun, you might wanna keep an eye out,” said one Solana-based alpha caller.

From Meme Chaos to $700M Revenue

Launched in January 2024, Pump.fun became the go-to plug for launching viral meme coins on Solana — making it easy for anyone to spin up tokens in minutes. Since then, it has reportedly pulled in over $700 million in revenue, despite controversies.

Yep, the journey hasn’t been drama-free.

👮‍♂️ Cease & desist letters were issued over 200+ IP-infringing meme coins.
📉 Even dark moments hit the platform’s livestreams.

Still, the project has remained resilient — and massively profitable.

💬 Nick O’Neil: “This Could Be Huge”

“At a $4 billion valuation, Pump.fun would be one of the top 30 crypto tokens. This is going to drive a ton of liquidity and raise serious capital,” said Nick O’Neil on X.

📉 Solana’s Price Reacts (But Then Recovers)

SOL jumped 7% earlier this week, breaking above $159.
But it dipped 2% following the Pump.fun news — likely from short-term market jitters.
SOL has since recovered half the drop, currently trading at $156.50 with a $81.74B market cap.

Some are saying this is just the start of a fresh bullish wave for Solana’s ecosystem — and Pump.fun might be the fuel.

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Breaking Bitcoin News: Kazakhstan’s 1st Crypto Card Launch to Simplify Bitcoin Payments

Kazakhstan is moving forward with Bitcoin-powered innovation as the country rolls out cryptocurrency-linked payment cards, making digital assets like Bitcoin usable for daily purchases. These cards will connect to wallets held at regulated crypto platforms under the Astana International Financial Centre (AIFC).

Kazakhstan to introduce Bitcoin-based crypto cards.

The initiative was introduced during a high-level meeting between the National Bank of Kazakhstan, local banks, cryptocurrency exchanges, and fintech firms. The aim is to integrate Bitcoin into everyday life while maintaining compliance and security.

The new payment process is designed to be seamless. When a user makes a purchase using the crypto card, the selected cryptocurrency—such as Bitcoin—is instantly converted into Kazakhstan’s national currency. The funds are then transferred to the card in real time, enabling payment in fiat while preserving the user experience of spending crypto.

This real-time crypto-to-fiat conversion is possible thanks to deep cooperation between Kazakhstan’s banks and licensed crypto providers operating under the AIFC.

In addition to the crypto card program, Kazakhstan’s central bank is pushing several other digital finance initiatives. These include the development of a national currency-backed stablecoin, the tokenization of real-world assets like property, and the implementation of secure systems for storing digital financial instruments.

The country is also building infrastructure for easier cryptocurrency storage and exchange, aiming to encourage innovation and digital transformation within its financial sector.

With the launch of these Bitcoin-based crypto cards and a broader embrace of blockchain technology, Kazakhstan positions itself as a growing hub for regulated crypto-financial services.

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Ripple’s RLUSD Approved in Dubai & NY: Stablecoin Goes Global

On June 3, 2025, Ripple’s RLUSD stablecoin achieved a regulatory breakthrough by securing approvals from both Dubai’s Financial Services Authority (DFSA) and New York’s Department of Financial Services (NYDFS). This rare dual-certification positions RLUSD as a serious player in the $160 billion stablecoin market.

Backed 1:1 by U.S. dollar reserves and subject to institutional-grade audits, RLUSD meets the compliance standards of both regions. With this move, Ripple is doubling down on its global payments strategy—especially in the Middle East, where partnerships with banks like Zand and fintech platforms such as Mamo are already in motion.

This development aligns with Dubai’s ambitions to become a global crypto hub. In fact, stablecoin usage in the UAE jumped 55% in 2024 alone, according to Chainalysis. Ripple’s entry into the DIFC—a major financial zone housing 7,000+ firms—could accelerate blockchain adoption in areas like cross-border payments and even property management, thanks to Ripple’s pilot project with the Dubai Land Department.

As competitors like Circle’s USDC and Tether race to expand in the region, Ripple’s dual-regulatory win sets a new benchmark. RLUSD isn’t just compliant—it’s operationally ready for real-world utility.

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XRP vs Bitcoin: Ripple CEO Says BTC Is Slow & Overrated — Sparks Major Debate

Brad Just Dragged Bitcoin — XRP to the Moon or Nah?

XRP CEO Brad Garlinghouse did not hold back. At a recent high-level event with reps from the IMF and Swiss National Bank, Brad called out Bitcoin like it owed him money.

“Bitcoin is kinda slow and kinda expensive,” Brad said bluntly, comparing it to it, which he claims is “1,000x faster and cheaper.”

XRP’s Pitch: Kill the Pre-Funding Era

Brad went off about how banks currently hold cash all over the world just to make international payments — a messy system called pre-funding. His take? The token can nuke that whole model by acting as a bridge currency. Basically:

Why wait 3 days to move money when XRP can do it in seconds?

He even said XRP could help “exotic currencies” (aka the ignored underdogs of the FX world) connect to global finance better. Real inclusive vibes.

Vision: Internet of Value > Internet of Just Memes

Brad’s endgame? The token becoming the TCP/IP of money — a tech layer powering the Internet of Value, where payments fly like DMs.

“$100M or $30 — everyone should be able to move money, fast and cheap,” he said.

Internet Reacts: BTC Maxis vs XRP Army

A video clip hit X (formerly Twitter) and the crypto fam had thoughts.

🟠 BTC Stan: “Decentralization > speed. BTC still leads in trust & adoption. XRP ain’t it.”
🔵 Its Defender: “LMAO. Who’s buying BTC for cross-border payments? IT actually works. Stop coping.”
Troll Watch: “Brad still handing out free XRP? Bro’s trying too hard.”

TL;DR — No Cap Breakdown:

Crypto Twitter is having a full-on meltdown

Brad Garlinghouse 🔥 roasted Bitcoin at a big-time event

Claims the token is 1000x faster & cheaper

Says the token can kill pre-funding and boost forgotten currencies

Vision: make sending money as easy as sending memes

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Stablecoins Surge in Real-World Crypto Use: $94B in Payments, 150M Wallets, and Growing B2B Adoption

On May 29, 2025, new research by Artemis, Castle Island Ventures, and Dragonfly showcased the rising real-world impact of crypto-powered stablecoins. The comprehensive study collected insights from 20 stablecoin firms and 11 related companies, highlighting a key truth: stablecoins are no longer a niche — they’re leading the next wave of crypto adoption.

Once a niche concept, stablecoins are now central to global finance and cross-border transactions. These digital assets fuse the benefits of crypto — speed, accessibility, decentralization — with the stability of traditional currencies like the U.S. dollar.

The study revealed that the total supply of them now sits at $239 billion, held across 150 million wallet addresses. From January 2023 to February 2025, more than $94.2 billion in non-trading stablecoin transactions were processed — underscoring their growing use for real-world payments.

At the May 2025 Bitcoin Conference in Las Vegas, it were the unexpected stars, repeatedly mentioned in talks and memes. And for good reason: they’re now at the center of the U.S. Senate’s ongoing bipartisan efforts to regulate the crypto sector, signaling political recognition of their importance.

The research showed clear market leaders: USDT and USDC, which together account for more than $214 billion in market cap. Networks like Tron and Ethereum dominate blockchain infrastructure for these transactions. Payment giants like Visa, Stripe, and Mastercard are also integrating crypto stablecoin services at scale.

The shift from peer-to-peer (P2P) usage to business-to-business (B2B) transactions became evident in mid-2024. As of February 2025:

B2B payments hit $3B,
P2P stood at $1.5B, and
Card-based stablecoin usage surged to $1.1B.

Interestingly, card-based stablecoin transactions — once minimal — now rival P2P payments, showing deeper consumer integration of crypto into daily life.

The U.S. and Singapore top the global usage charts (18% each), with Hong Kong, Japan, the UK, and Germany trailing. In the U.S. Treasury’s own words, if these coins were a nation, they’d be the 14th largest holder of U.S. debt — highlighting their deep integration with traditional finance.

Ultimately, the study concludes that crypto is no longer theoretical. Stablecoins are actively used by millions to send money, run businesses, and power global commerce — and their role is only accelerating.

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