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The former chairman of the U.S. Securities and Exchange Commission, Gary Gensler, warned individual investors in the cryptocurrency market against relying on sentiment alone when making buying decisions, emphasizing that a large portion of this market resembles “meme” stocks that move without strong fundamentals. Gensler explained that markets typically move between two main factors: economic fundamentals and sentiment, but he believes the real challenge for cryptocurrency buyers lies in understanding the actual value of the assets they hold, especially outside the realm of Bitcoin.
Bitcoin price now at $59,680.10 on a 5-hour chart, and the overall trend is still clearly bearish. Despite signs of short-term rebound, negative momentum threatens to break a new bottom below $58,131—meaning any upside move here faces strong resistance and a high likelihood of a bull trap. The strongest scenario: a drop dominates Bearish Diversify entry aggressively
Ethereum’s price continues trading under clear pressure, as it attempts to regain bullish momentum after a drop that pushed it to levels near $1,505 in the recent period. Despite a limited rebound, buyers have not yet been able to change the market’s overall trend. ETH is currently trading near $1,673, but the technical picture still favors sellers—especially with the price remaining below the key moving averages, which indicate a bearish trend in the short term.
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ETH despite the pressures, yet it keeps trading above $1,600
Ethereum maintains trading above $1,600 despite pressure from ETF funds and continued whale buying
Ethereum (ETH) held its trades above the $1,600 level during the June 25 trading session, supported by purchases from large investors, despite ongoing pressure caused by outflows from spot exchange-traded funds (ETFs).
Gold and silver prices continue to move near key technical levels during Thursday’s trading, amid ongoing pressures resulting from tightening by global central banks and rising inflation concerns, which limited precious metals’ ability to regain upward momentum, as investors maintain a cautious wait to see which direction the market will take in the near term.
Bitcoin drops below $60,000 amid rising selling pressures and anticipation of a break in support at $58,131.
Bitcoin’s price fell sharply during trading on June 25, 2026, reaching $59,396.5 on the five-hour timeframe—signaling intensifying selling pressures and continued control of the downtrend. This came after a break of the important psychological support level at $60,000.
Cryptocurrencies rose during Thursday’s trading, reclaiming part of their recent losses, supported by improved investor sentiment in global markets and a return of demand for high-risk assets. Bitcoin rose, the largest cryptocurrency by market value, to trade above the $61.5k level after experiencing intense selling pressure during the previous session that pushed it below the $60k mark, amid a broad selloff that hit technology stocks and companies linked to the artificial intelligence sector.
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On Tuesday, the Ethereum Foundation announced the termination of 54 employees, representing about 20%
On Tuesday, the Ethereum Foundation announced the termination of 54 employees, representing about 20% of its total workforce, as part of a reorg process that has stretched over several months, resulting in the restructuring of the nonprofit into five specialized groups. This plan, which the foundation described as the conclusion of a journey linked to updating its mandate and treasury policy, reorganizes the foundation into layers including: protocol, access, user, community, and institutions, along with two groups focused on operations and management.