News section

Cardano (ADA) faces an identity crisis with its price sliding near multi-month lows as a debate has started brewing with its community on the blockchain’s future direction.

The crypto market faced a sudden and steep sell-off today, with Ethereum leading the drop, falling over 5% in the last 24 hours. Adding to the market wide sell-off, Arthur Hayes, analyst and co-founder of BitMEX, sold off a portion of his holdings as well: 2,373 ETH worth around $8.32 million, 7.76 million ENA tokens worth $4.62 million, and 38.86 billion PEPE tokens valued at $414,700, all within just six hours.

If you’re wondering where the real action is in the crypto market today, it’s not just Bitcoin. A handful of major exchange tokens are putting up massive numbers, and each one has a specific, powerful catalyst behind its move.

The Solana-based meme coin Bonk (BONK) is soaring today, with its price jumping nearly 20% in the last 24 hours. This sharp rally is not random; it’s fueled by a potent combination of speculative ETF hype, bullish technical breakouts, and strengthening fundamentals within the Solana network.

A growing consensus among crypto analysts suggests that a major “altcoin season” could be on the horizon for 2025. This outlook is based on a combination of historical chart patterns, specific technical triggers, and a market structure that appears to be mirroring previous explosive cycles.

Billionaire investor Ray Dalio has warned that the United States is locked into a worsening debt trajectory. After recent meetings with lawmakers in Washington, Dalio joined other business leaders in predicting a potential crisis within the next decade. Many in the crypto space see this as another signal to move away from fiat and into digital assets.

Bitcoin price today is trading at $112,967, slipping after a failed defense of the $114,500–$115,000 zone. Sellers forced price into the $112,000 region, a level where heavy liquidity bids were clustered according to CoinGlass data. The breakdown has sparked concerns that the bull cycle may be stalling despite recent macro catalysts.

Coinbase and Binance, two of the world’s most prestigious cryptocurrency exchanges, have not listed PI, the native token of the Pi Network, despite the project’s surge in awareness in 2025.

Cryptocurrency analysts are drawing comparisons between the current altcoin season and previous bull market cycles. For many, the altcoin market consolidates in a way that often precedes a significant rally, and it’s building a high level of optimism across the market.

Coinbase and Binance, two of the world’s most prestigious cryptocurrency exchanges, have not listed PI, the native token of the Pi Network, despite the project’s surge in awareness in 2025.

Speculation over a potential airdrop by Pump.fun is heating up in online prediction markets. The popular blockchain-based prediction platform Polymarket is market sentiment around when Pump.fun might launch an airdrop. As of today, June 21, two major dates have attracted the most attention: June 30 and July 31.

A growing consensus among crypto analysts suggests that a major “altcoin season” could be on the horizon for 2025. This outlook is based on a combination of historical chart patterns, specific technical triggers, and a market structure that appears to be mirroring previous explosive cycles.

As the United States dollar slumps to a three-year low and long-term holders tighten their grip on the Bitcoin supply, market conditions appear primed for a new leg up. With Bitcoin holding firm above the $107,000 mark, analysts are pointing to a powerful convergence of macroeconomic weakness and strong on-chain fundamentals that could fuel a rally toward $135,000 and beyond.

Today, the price of Bitcoin is around $110,200, which is close to where it was before it fell below its multi-month rising trendline for the first time since April. From the $124,000 area, sellers pushed BTC lower, which caused a sharp rejection that broke the bullish channel. Spot inflows have also turned negative, with $44 million in net outflows recorded on August 26. This shows that investors are being careful after the recent rally.

In Q2 2025, the crypto market rebounded to a total capitalization of $3.46 trillion, up 28.2% from Q1, driven by ETF inflows and the Bitcoin rally from $83,000 to nearly $112,000. However, broader market participation remained weak, with altcoins lagging and liquidity still thin across many assets.

Bitcoin dominance has been constantly dropping. During May it was near 65% and now it has dipped to 58.7%, which has caused a stir in altcoins market. This implies that the capital is beginning to flow into altcoins, which is a good sign that an altcoin season is coming.

Cardano (ADA) faces an identity crisis with its price sliding near multi-month lows as a debate has started brewing with its community on the blockchain’s future direction.

Arthur Hayes (former BitMEX CEO and current CIO of Maelstrom) has made some bold bullish calls on Ethereum, suggesting it could reach $10,000. He on X with a potential reversal point, suggesting that ETH could skyrocket. At the moment, Ethereum is sitting at around .

On-chain data reveals a fundamental tug-of-war defining the Ethereum market. Even as a core group of long-term investors tightens its grip, accumulating a record amount of ETH, short-term traders appear ready to sell into any significant price rally.

As the United States dollar slumps to a three-year low and long-term holders tighten their grip on the Bitcoin supply, market conditions appear primed for a new leg up. With Bitcoin holding firm above the $107,000 mark, analysts are pointing to a powerful convergence of macroeconomic weakness and strong on-chain fundamentals that could fuel a rally toward $135,000 and beyond.