Circle Just Launched cirBTC: ‘Wrapped Bitcoin’ on Ethereum Bullish for BTC?

Humanity Protocol has disclosed that more than $36 million worth of H tokens have been stolen after attackers compromised multiple administrative keys and seized control of bridge infrastructure across Ethereum and BNB Smart Chain. According to Humanity Protocol’s June 9…

BitMine tripled its weekly ETH buy to 126,971 tokens, now holding 4.59% of supply. Only 11% of ETH supply is in threefold profit, the lowest reading since Feb 2017. A weekly close below $1,500 could push ETH toward the $1,000 support zone. The Ethereum price dropped to a low of $1,522 last week before bouncing […] The post Ethereum price forecast as BitMine buys 126,971 ETH: has ETH bottomed? appeared first on CoinJournal.

Cardano showed the deepest negative reading, placing it in a stronger historical accumulation zone by MVRV standards.

Bitcoin is changing hands near $63,500, a level analyst Charles Edwards says lines up with the network’s average production cost, i.e. the threshold where the typical miner stops turning a profit. Miners Squeezed to the Break-Even Line The recent selloff has dragged bitcoin back to a price band that has historically marked long-term value. In […]

Bitmine's Ethereum acquisition may drive short-term price increases, reflecting institutional confidence and influencing market sentiment. The post Tom Lee’s Bitmine buys $213.5M Ethereum, boosting market confidence appeared first on Crypto Briefing.

WLD and ZEC have risen the most over the past 24 hours, ADA has also tried to stage a comeback after the recent crash.

Ethereum trades near $1,691 as bearish MACD and Aroon readings keep $1,500 support in focus, while BitMine adds 126,971 ETH on weakness now.

Circle has launched cirBTC on Ethereum, introducing a wrapped Bitcoin token backed 1:1 by BTC and supported by onchain reserve verification through Chainlink Proof of Reserve. According to Circle, cirBTC is now live on Ethereum and is designed to bring…