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Middle East ceasefire, Fed interest-rate decision: Crypto Week Ahead

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Middle East ceasefire, Fed interest-rate decision: Crypto Week Ahead

Crypto traders will hope the week offers a reprieve to months of geopolitical anxiety that has stifled risk assets following Sunday’s announcement of an interim peace deal between the U.S. and Iran.

Bitcoin climbed to nearly $66,000 on Monday, almost 3.5% above Friday’s level, while cryptocurrency-linked equities including Strategy (MSTR) and Galaxy (GLXY) advanced in pre-market trading.

There’s still a note of caution, though. A ceasefire in April fell apart, and U.S. strikes broke another truce last month, with crypto prices taking a hit.

Wednesday sees Kevin Warsh’s first interest-rate decision as Federal Reserve chair. The forecast is for no change in the current level.

The introduction of a fresh dot plot — which charts individual Fed policymakers’ interest-rate projections — combined with a shortened trading week due to Friday’s Juneteenth federal holiday, suggests liquidity will likely decline.

The week’s data calendar and the Fed’s guidance will ultimately determine whether crypto can capitalize on the apparent geopolitical tailwind and build a definitive recovery.

What to Watch

(All times ET)

  • Crypto
    • June 15: The CFTC opens its 45-day formal public comment window following its Notice of Proposed Rulemaking targeting prediction markets.
    • June 16: Industry groups begin formatting formal responses to the U.S. House Ways and Means Committee following its major legislative hearing on digital asset tax proposals.
  • Macro
    • June 15, 8:30 a.m.: U.S. Empire State Manufacturing Index for June est. 12.0 (Prev. 19.6)
    • June 17, 2 p.m.: U.S. Fed Interest-Rate Decision (FOMC) est. 3.50%–3.75% (Prev. 3.50%–3.75%)
    • June 18, 8:30 a.m.: U.S. Initial Jobless Claims for period ending June 13 est. 222K (Prev. 229K)
    • June 19: U.S. equity markets are closed in observance of the Juneteenth federal holiday
    • June 19: U.S., Iran to sign ceasefire agreement.
  • Earnings

Token Events

  • Governance Votes & Calls
    • Cratos is voting on extending the period in which users receive rewards for actions until July 31, having previously approved CIP-41, which extended the daily token reward limit under the current reward standard until June 30. Voting ends on June 18.
    • Rocket Pool is voting on rebalancing RPL inflation allocation to increase pDAO protocol funding during and after the Saturn 2 transition. Voting ends on June 19.
    • Orderly is voting on delisting eight tokens: BIRB, PAXG, SKY, SNX, AR, FIL, STBL, MYX. Voting ends on June 22.
  • Unlocks
    • June 16: Arbitrum (ARB) to unlock 1.68% of its circulating supply worth $7.76 million.
    • June 20: Kaito (KAITO) to unlock 1.76% of its circulating supply worth $8.39 million.
  • Token launches
    • June 15: C8ntinuum (CTM) to list on Bitmart.
    • June 17: Botchain (METAKPK) to list on Bitmart.

Conferences

UPDATE (June 15, 10:57 UTC): Corrects misspelled “ceasefire” in headline.



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BEAT price prediction – Can $5 support fuel move to $8.58 for Audiera?

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BEAT price prediction – Can $5 support fuel move to $8.58 for Audiera?


Audiera [BEAT] plunged 22.17% over the past 24 hours, while trading volume dropped 40.34% to $73.71 million, showing that participation weakened sharply during the decline. 

The correction emerged after an explosive rally pushed the token from below $1.00 to nearly $12.00 within days. 

As a result, traders appeared to lock in profits aggressively once the advance lost strength. 

Despite the heavy selling pressure, BEAT continued holding above the psychologically important $5.00 area. That development suggested buyers still defended a key portion of the recent breakout. 

However, reduced trading activity indicated that conviction remained limited as market participants waited for clearer directional signals.

Can bulls keep BEAT above $5?

Price action remained centered around the $5.00 support level after BEAT rejected the $12.00 peak. The correction erased a large portion of the rally, yet buyers repeatedly prevented a breakdown beneath current support. 

This behavior suggested demand continued emerging whenever the price approached lower levels. 

In addition, the latest candles showed stabilization rather than renewed panic selling. 

If buyers continue defending this region, BEAT could attempt a recovery toward the next major resistance at $8.58. 

A successful move through that barrier would strengthen the case for another test of the $12.00 high. 

Nevertheless, the support zone remain critical because a decisive loss of $5.00 would likely expose the next significant downside target near $1.60. For now, the broader structure remains dependent on whether bulls maintain control of current support.

Source: TradingView

RSI cools while MACD keeps bulls interested

Technical indicators showed that bullish conditions weakened but did not disappear completely. 

The Relative Strength Index [RSI] previously surged toward 100 during the rally before falling back to 61.97. Although that decline reflected fading buying strength, the indicator still held comfortably above the neutral 50 level. 

As a result, BEAT retained a constructive technical backdrop despite the correction. 

Meanwhile, the MACD line remained above the signal line, with readings near 1.53 and 1.23, respectively. The bullish crossover stayed intact even as the histogram contracted significantly from recent highs. 

Such behavior indicated that upside strength had moderated rather than reversed entirely. 

BEAT technical indicatorsBEAT technical indicators
Source: TradingView

Liquidity map reveals the next battleground

The Liquidation Heatmap highlighted several dense liquidity clusters above the current price, pointing to potential upside magnets if recovery pressure increased. 

The strongest concentrations appeared between $6.50 and $7.20, where large pools of leveraged positions accumulated. 

Markets often gravitate toward these zones because liquidations create additional trading activity and attract short-term speculation. 

Beyond that range, another notable cluster sat near $8.00 to $8.25, aligning closely with a major resistance area on the price chart. 

Meanwhile, liquidity beneath current levels appeared relatively thinner compared to overhead concentrations. This imbalance suggested upside targets currently carried greater attraction than immediate downside levels. 

Should buyers continue defending $5.00, the price could gradually move toward those liquidation pockets as traders reposition around the next significant market objective.

Source: CoinGlass

What’s next for BEAT?

BEAT entered a consolidation phase after an aggressive correction, yet the available data did not confirm a complete trend reversal. The Liquidation Heatmap continued highlighting substantial liquidity above current levels. 

If support remains intact, BEAT could extend toward $6.50 and eventually challenge $8.58. 

A breakout beyond that resistance would likely reopen the path toward $12.00. However, losing $5.00 would shift attention toward the much lower $1.60 support zone.


Final Summary

  • Audiera [BEAT] continues holding above $5 despite heavy selling and weaker participation.
  • RSI and MACD remain supportive while liquidity clusters favor higher targets.

 



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India’s Meesho to acquire B2B commerce platform Kirana Club

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India’s Meesho to acquire B2B commerce platform Kirana Club


Indian e-commerce company Meesho has agreed to purchase Kirana Club, a community-focused B2B commerce platform, in a transaction valued at Rs2.02bn ($21.34m).

Established in 2020 by Anshul Gupta and Aishwarya Jain, Kirana Club runs a mobile-led platform through which small shopkeepers, mainly in Tier 2, Tier 3 and Tier 4 towns, as well as rural markets, can find, compare and purchase fast-moving consumer goods directly from brands.

The company says it has more than 4.1 million registered retailers on its platform.

According to a regulatory filing, Meesho’s board has cleared the acquisition of a 100% holding in Singapore-based Kirana Club Pte Ltd and its Indian arm, Retail Pulse Labs.

The deal offers a complete exit to current investors while the founders will remain in leadership roles. Kirana Club will continue to function independently within the Meesho group.

After the transaction closes, Kirana Club will operate as a wholly owned subsidiary of Meesho. Retail Pulse Labs will become a step-down subsidiary, with Meesho indirectly owning 99.59% through Kirana Club and directly holding the remaining 0.41%.

Meesho said the acquisition will be carried out in three stages, with completion scheduled on or before 31 March 2027.

Meesho chairman, managing director and CEO Vidit Aatrey said: “Kirana Club has built deep trust among small retailers through its asset-light and community-first approach. We see significant opportunities to strengthen access, transparency and product discovery for kiranas in underserved markets across India, and also extend this to all forms of B2B retail across India.”

Gupta said: “Kirana Club was built on a simple belief: small retailers in Bharat deserve the same access, transparency and efficiency as modern retail. Over the last few years, we have built deep trust with kirana retailers by combining community, local insights and commerce.

“Meesho understands Bharat at scale and shares our belief in serving underserved users through technology. With this partnership, we can accelerate our mission of building India’s most trusted digital commerce network for kiranas.”

“India’s Meesho to acquire B2B commerce platform Kirana Club” was originally created and published by Retail Insight Network, a GlobalData owned brand.



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Animoca Brands cofounder Yat Siu argues Asia will fuse AI and the blockchain before the West does

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Animoca Brands cofounder Yat Siu argues Asia will fuse AI and the blockchain before the West does

As the West is increasingly polarized between “capitalism and anti-capitalism,” Animoca Brands cofounder Yat Siu thinks Asia can lead the way in pioneering the next wave of AI and cryptocurrency innovations.

“Based on my experiences in crypto communities in Europe and the U.S., people are creating a gap between crypto and AI and saying that they shouldn’t be related,” Siu told Fortune on the sidelines of the SuperAI summit in Singapore. “In Asia, we don’t have this problem since we’re much more comfortable with money.”

Siu cofounded Animoca Brands in 2014. It originally focused on developing free-to-play mobile games before shifting to blockchain gaming and NFTs in 2018. The firm is also a frequent investor in the Web3 space, backing more than 600 AI and blockchain companies including China-based investment platform GROW Digital Wealth and AWARP, parent company of the Laos National Digital Technology Group.

Investor interest in cryptocurrencies has waned. Shares in crypto-related companies have plunged by double-digit percentages over the past 12 months, while AI-related stocks are booming. Crypto-focused venture capital firms, like Paradigm, are also expanding into AI and robotics investments.

But Siu argues AI and the blockchain are tightly connected. “To truly empower AI, you need to give it access to money so it can transact autonomously on your behalf… and the technology that can enable this safely, securely and at scale is blockchain,” he said. 

Payment giants like Visa, Mastercard and Stripe are both starting to allow payments in stablecoins and establishing systems to let AI agents discover and purchase goods on behalf of users. Exchanges like Coinbase have made it easier for AI agents to conduct transactions with cryptocurrencies. 

Global consumers have been slow to adopt stablecoins compared to traditional methods of payment. Just $7 billion of annual settlements on Visa’s platform are made in cryptocurrencies, compared to $14 trillion overall.

Siu believes as many as 200 billion AI agents could soon be in operation. “Agents will do commerce with each other, they will negotiate with each other; and they’re going to negotiate not just business transactions, but also social interactions in relationships,” he said. (He currently taps 280 agents to perform different tasks on his behalf).

He’s less certain that credit card companies will be able to “protect their base” in a rapidly shifting payments landscape. In theory, blockchain-enabled payment mechanisms can cut out the middleman—whether credit card companies, traditional banks, or cross-border money transfer firms—and remove their usual margin on facilitating transactions. 

“Agents just go for what’s better, faster and cheaper,” he said. “If your agent transacts with mine, do you think it’ll use a credit card which charges a 2.5% fee, or do an on-chain transaction which costs basically nothing?”



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Cathie Wood’s Ark Invest bought 3.3 million SpaceX shares on its IPO day

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Cathie Wood's Ark Invest bought 3.3 million SpaceX shares on its IPO day

ARK Invest bought nearly 3.3 million shares of SpaceX (SPCX) as Elon Musk’s company went public in the largest IPO ever on Friday, building a stake worth more than $500 million by the end of the day.

The shares, priced at $135 for the sale, closed at $160.95, rising more than 19.2% on their first day.

The Cathie Wood-owned firm liquidated almost $280 million of stock in the week before the listing, then sold another roughly 948,000 shares across 13 companies worth at least $48 million on Friday, including Advanced Micro Devices, Roku and Baidu, according to daily emailed statements over the period.

The ARK Innovation ETF (ARKK) did the bulk of the buying, ending the day with SpaceX at 3.28% of its portfolio.

A first-day pop of almost 20% on the largest IPO in history signals institutions are paying up for high-beta innovation risk again. While bitcoin is the highest-beta asset in the group, the hottest trade in the market is now a wave of AI and space listings, with OpenAI and Anthropic also filing to go public.



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Wells Fargo Sees Greater Upside in Qualcomm (QCOM) Ahead of Investor Day

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Wells Fargo Sees Greater Upside in Qualcomm (QCOM) Ahead of Investor Day


QUALCOMM Incorporated (NASDAQ:QCOM) is included among the 10 Best S&P 500 Dividend Stocks to Buy Right Now.

Wells Fargo Sees Greater Upside in Qualcomm (QCOM) Ahead of Investor Day

Wells Fargo raised its price recommendation on QUALCOMM Incorporated (NASDAQ:QCOM) to $230 from $160 on June 12. It reiterated an Equal Weight rating on the shares ahead of the company’s Investor Day. The firm said its bull-case scenario is worth more than $2.50 per share for every 1GW deployed, reflecting optimism around Qualcomm’s growth opportunities as investors look ahead to the event.

Earlier, on June 5, JPMorgan raised its price goal on Qualcomm to $265 from $160. It maintained a Neutral rating on the stock ahead of the company’s June 24 investor day. The firm expects Qualcomm to outline data center revenue targets of more than $3B in fiscal 2027 and $35B in fiscal 2031. JPMorgan also placed the shares on “Positive Catalyst Watch,” citing expectations that the targets presented at the investor day could exceed investor expectations. Even so, the firm maintained its Neutral rating, saying it wants to see evidence that Qualcomm can execute on these opportunities in what remains an increasingly competitive market.

QUALCOMM Incorporated (NASDAQ:QCOM) develops and commercializes foundational technologies for the wireless industry. Its portfolio includes technologies supporting third-generation (3G), fourth-generation (4G), and fifth-generation (5G) wireless connectivity, as well as high-performance and low-power computing, including on-device artificial intelligence.

While we acknowledge the potential of QCOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 12 Cash-Rich Stocks to Buy Right Now and 10 Best Value Dividend Stocks to Buy Now According to Warren Buffett

Disclosure: None. Follow Insider Monkey on Google News.



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KAITO eyes 13% upside after weekend rally – But there’s a catch!

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KAITO eyes 13% upside after weekend rally – But there’s a catch!


KAITO [KAITO] extended its weekend rally, gaining roughly 11% over the past day.

The altcoin’s latest move followed a breakout from a technical pattern that has historically supported further upside. Momentum and capital flow indicators also remained supportive at press time.

Why are traders watching KAITO’s breakout?

KAITO recently broke above the upper boundary of a descending channel.

A descending channel forms when price creates lower highs and lower lows while trading between falling support and resistance levels. Breakouts from such structures often signal a trend reversal.

KAITO price chart
Source: TradingView

Over the past day, KAITO pushed above channel resistance, opening the door for a potential 5% to 13% move higher from current levels.

However, that bullish outlook depends on the altcoin holding above its newly established support zone. A loss of support could pull KAITO back inside the channel and weaken the breakout structure.

Are momentum and capital flows supporting the rally?

Momentum indicators continued to favor buyers at the time of writing.

The Moving Average Convergence Divergence (MACD) remained in bullish territory, with expanding green histogram bars indicating strengthening upside momentum.

Kaito technical indicatorKaito technical indicator
Source: TradingView

That move aligned with improving capital inflows.

The Money Flow Index (MFI), which tracks buying and selling pressure, climbed to around 71 while remaining in bullish territory. An increasing MFI typically suggests capital is flowing into an asset faster than it is leaving.

Together, these indicators suggested buyers remained active as KAITO attempted to build on its breakout.

Do traders expect more upside?

Market sentiment also leaned heavily bullish.

According to CoinMarketCap’s community sentiment poll, more than 90% of over 18,000 participants expected further gains for KAITO.

While community sentiment does not always translate into market performance, it often reflects broader investor expectations. If buying pressure and capital inflows remain elevated, KAITO could have room to extend its rally in the near term.

Even so, maintaining support above the breakout level remains critical for the bullish scenario to stay intact.


Final Summary

  • KAITO broke above a descending channel, a pattern often associated with trend reversals.
  • The breakout opened the possibility of another 5% to 13% move if support holds.



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