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Bullish

 -  Bitcoin.com
Strategy Buys 10,100 More Bitcoin, Total Holdings Explode to 592,100 BTC Strategy Buys 10,100 More Bitcoin, Total Holdings Explode to 592,100 BTC
Strategy’s billion-dollar bitcoin acquisition rockets its holdings to 592,100 BTC, solidifying its position as the largest institutional holder and an unstoppable force in crypto. Strategy Unleashes 10,100 BTC Buy, Vaults Holdings to a Titan-Sized 592,100 BTC Software intelligence firm Microstrategy (Nasdaq: MSTR), which has rebranded as Strategy, announced on June 16 that it has acquired [
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Latest news

 - NEWSBTC
Still Sleeping On XRP? Analyst Says $8 Breakout Is ‘Just Waiting’ In a livestream on June 15, crypto analyst Cantonese Cat delivered a firm verdict on XRP’s prolonged consolidation: don’t be fooled by the sideways drift. Despite trading in a tight range for over half a year, the chart veteran argued XRP is building energy for a powerful move, one that could take it as high as $6 to $8 once it breaks out of its multi-month technical cage. XRP To $8? “This thing has been going sideways for seven months,” he said. “But the entire time, it’s just hugging this GAN line.” He referred to a long-standing monthly Gann arc structure that XRP has been grinding against since late 2024. In his interpretation, the repeated tests of that arc—combined with price holding above key support zones—signal strength rather than weakness. “It’s just waiting for its thing,” he added, implying that the eventual move could be sharp and sudden. Related Reading: XRP Price Still On Track For $1.5T Market Cap And 27% Crypto Market Dominance Cantonese Cat highlighted that the current price action is sitting just beneath the next major Gann resistance level, which aligns closely with a Fibonacci extension target between $6 and $8. That arc, he believes, will be the trigger. “I think the next level is going to end up breaking up to the GAN arc up above,” he said, adding that a clean breach of this level could mark the start of XRP’s long-awaited parabolic run. He also pulled up the monthly Ichimoku Cloud, pointing out that XRP had already broken above it—a significant bullish milestone in Ichimoku analysis. “Initially it had a rejection of the Ichimoku cloud,” he explained, “and now we have a true breakout.” Most importantly, XRP has held the Tenkan and Kijun without falling back into the cloud. “This is basically a look of bullishness,” he noted, citing the textbook structure of a confirmed trend reversal. The broader structure, according to his analysis, is a classic breakout setup: a horizontal level was cleared, back-tested, and is now serving as support. “You’re basically breaking above a horizontal level here and back testing it. And so far, you’re holding it pretty convincingly.” To reinforce his thesis, he pointed to Fibonacci retracements—specifically, XRP’s behavior around the 0.86 level, which the asset has been flirting with. “If you’re able to convincingly break above 0.86 here,” he said, “then all-time high stuff could happen.” Asked by viewers why the market isn’t moving yet, he dismissed the apparent stagnation as noise. “It’s just going sideways, guys,” he said. “It’s just waiting for its thing.” In his view, the lack of momentum is not a sign of weakness, but rather a signal that XRP is compressing in a low-volatility zone—a typical prelude to a high-volatility expansion. “Whenever it decides to get done with this shenanigans,” he added, “it’s probably going to go up.” Despite XRP’s muted performance while other assets like Bitcoin and Solana have captured headlines, Cantonese Cat made clear that he sees no structural damage on the chart. Quite the opposite: he views the persistent adherence to long-term support levels, especially on the monthly timeframe, as an indication that XRP is simply coiling beneath resistance. Related Reading: XRP Has A 70% Shot To Beat Bitcoin, Says Analyst In a cycle increasingly defined by breakout-driven flows and rotational capital, he framed XRP’s dormancy not as a failure, but as a delayed opportunity. “Still holding the Tenkan and Kijun just fine,” he said. “This is what bullish looks like.” The analyst didn’t offer a date, but was blunt about the price levels to watch. If XRP clears the monthly Gann arc and maintains strength above the 0.86 Fibonacci zone, the $6–$8 range comes into play—levels that would not only exceed previous all-time highs, but also flip sentiment from apathy to euphoria in a matter of weeks. Until then, he warned, XRP’s breakout might not announce itself loudly. But when it comes, few will be positioned. “Still sleeping on XRP?” he asked. “You might want to wake up soon.” At press time, XRP traded at $2.20 Featured image created with DALL.E, chart from TradingView.com
 - BITCOINIST
Metaplanet Aims to Buy 210K Bitcoins by 2027 – Bitcoin Hyper’s First-Ever BTC L2 to Soar Next Japanese investment firm Metaplanet has taken the next step in its ambitious plan to acquire 1% of all Bitcoin by the end of 2027. That’s a massive 210K $BTC. This move underlines the larger adoption shift that we’ve been seeing in the last year: from Strategy to MARA and countries like El Salvador hoarding Bitcoin. [
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 - Cointelegraph
Strategy adds $1B in Bitcoin as Israel-Iran conflict pressures markets Strategy’s latest Bitcoin purchases were made via Strategy’s STRD, its third Bitcoin-backed preferred stock, which debuted trading on the Nasdaq on June 11.
 - CoinDesk
Strategy Adds Over 10K BTC to Its Bitcoin Treasury, Funded by New STRD Offering Firm raises over $1 billion from high-yield preferred stock and share sales to expand record BTC holdings.
 - Cointelegraph
Why is XRP price up today? XRP price is up 2% on June 16, with the hopes that the Ripple-SEC lawsuit could ultimately be finalized and positive sentiment backing hopes for a falling wedge breakout.
 - BITCOINIST
TikTok Trader Kidnapped, Beaten For Crypto—Turns Out, He Had None A 26‑year‑old crypto content creator was kidnapped late on Friday while heading home in Juvisy‑sur‑Orge. He was grabbed by four men who forced him into a stolen car and demanded €50,000 in cryptocurrency. He showed them his account balance and it wasn’t enough. They let him go the next day with bruises and a six‑day [
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 - NEWSBTC
Still Sleeping On XRP? Analyst Says $8 Breakout Is ‘Just Waiting’ In a livestream on June 15, crypto analyst Cantonese Cat delivered a firm verdict on XRP’s prolonged consolidation: don’t be fooled by the sideways drift. Despite trading in a tight range for over half a year, the chart veteran argued XRP is building energy for a powerful move, one that could take it as high as $6 to $8 once it breaks out of its multi-month technical cage. XRP To $8? “This thing has been going sideways for seven months,” he said. “But the entire time, it’s just hugging this GAN line.” He referred to a long-standing monthly Gann arc structure that XRP has been grinding against since late 2024. In his interpretation, the repeated tests of that arc—combined with price holding above key support zones—signal strength rather than weakness. “It’s just waiting for its thing,” he added, implying that the eventual move could be sharp and sudden. Related Reading: XRP Price Still On Track For $1.5T Market Cap And 27% Crypto Market Dominance Cantonese Cat highlighted that the current price action is sitting just beneath the next major Gann resistance level, which aligns closely with a Fibonacci extension target between $6 and $8. That arc, he believes, will be the trigger. “I think the next level is going to end up breaking up to the GAN arc up above,” he said, adding that a clean breach of this level could mark the start of XRP’s long-awaited parabolic run. He also pulled up the monthly Ichimoku Cloud, pointing out that XRP had already broken above it—a significant bullish milestone in Ichimoku analysis. “Initially it had a rejection of the Ichimoku cloud,” he explained, “and now we have a true breakout.” Most importantly, XRP has held the Tenkan and Kijun without falling back into the cloud. “This is basically a look of bullishness,” he noted, citing the textbook structure of a confirmed trend reversal. The broader structure, according to his analysis, is a classic breakout setup: a horizontal level was cleared, back-tested, and is now serving as support. “You’re basically breaking above a horizontal level here and back testing it. And so far, you’re holding it pretty convincingly.” To reinforce his thesis, he pointed to Fibonacci retracements—specifically, XRP’s behavior around the 0.86 level, which the asset has been flirting with. “If you’re able to convincingly break above 0.86 here,” he said, “then all-time high stuff could happen.” Asked by viewers why the market isn’t moving yet, he dismissed the apparent stagnation as noise. “It’s just going sideways, guys,” he said. “It’s just waiting for its thing.” In his view, the lack of momentum is not a sign of weakness, but rather a signal that XRP is compressing in a low-volatility zone—a typical prelude to a high-volatility expansion. “Whenever it decides to get done with this shenanigans,” he added, “it’s probably going to go up.” Despite XRP’s muted performance while other assets like Bitcoin and Solana have captured headlines, Cantonese Cat made clear that he sees no structural damage on the chart. Quite the opposite: he views the persistent adherence to long-term support levels, especially on the monthly timeframe, as an indication that XRP is simply coiling beneath resistance. Related Reading: XRP Has A 70% Shot To Beat Bitcoin, Says Analyst In a cycle increasingly defined by breakout-driven flows and rotational capital, he framed XRP’s dormancy not as a failure, but as a delayed opportunity. “Still holding the Tenkan and Kijun just fine,” he said. “This is what bullish looks like.” The analyst didn’t offer a date, but was blunt about the price levels to watch. If XRP clears the monthly Gann arc and maintains strength above the 0.86 Fibonacci zone, the $6–$8 range comes into play—levels that would not only exceed previous all-time highs, but also flip sentiment from apathy to euphoria in a matter of weeks. Until then, he warned, XRP’s breakout might not announce itself loudly. But when it comes, few will be positioned. “Still sleeping on XRP?” he asked. “You might want to wake up soon.” At press time, XRP traded at $2.20 Featured image created with DALL.E, chart from TradingView.com
 - CoinDesk
Ether Price Surges 4% as Markets Mostly Shrug Off Escalating Middle East Tensions Ether rose above $2,600 Monday as crypto joined broader market gains, shrugging off war risks while fund inflows and institutional interest remained strong.
 - Cointelegraph
Bitget and UNICEF to train 300K girls in blockchain across 8 nations Bitget partners with UNICEF Luxembourg in a three-year effort to empower girls in eight countries with science, technology, engineering and math (STEM) skills.