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BlockBeats News, June 23rd, according to OnchainLens monitoring, a whale is bullish on XRP, having opened a long position with 20x leverage in the past 4 hours, acquiring 27.9 million XRP, worth $30.9

A certain whale opened a long position for 27.9 million XRP in the past 4 hours, worth $30.9 mill...

World Cup Predictions: 100,000 USDT Daily

On June 23, according to an official announcement, Huobi HTX has launched perpetual contracts for ALAB/USDT, SMCI/USDT, LRCX/USDT, and KLAC/USDT, with a maximum leverage of 10 times. Additionally, fro

Huobi HTX Launches ALAB, SMCI, LRCX, KLAC Perpetual Contracts and Starts Trading Competition

TradFi Trading Strategies Sharing Challenge

We're diving into the world of memecoins, and it's a wild ride. According to DexScreener, trending memecoins are all about humor and pop culture references. We're seeing a mix of quirky characters and

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeHut 8 to pay $2.35 million to settle investor suit over U.S. Bitco

HTX Invites You to Share 600K USDT in Gift Packs

BTC Prophet: 20-Day 380 Million HTX Challenge

Hut 8 to pay $2.35 million to settle investor suit over U.S. Bitcoin mergerFormer bitcoin miner Hut 8 (HUT) agreed to pay $2.35 million to settle a securities class action alleging it misled investors in connection with its 2023 merger with U.S. Bitcoin Corp. (USBTC).

The lawsuit, filed in the U.S. District Court for the Southern District of New York, focused on Hut 8's all-stock merger with USBTC, which closed in November 2023.

Investors alleged the company, which now focuses on AI data centers and high-performance computing, overstated the transaction's benefits while failing to disclose persistent energy curtailment and internet connectivity issues at King Mountain, a Texas bitcoin mining joint venture in which USBTC held a 50% interest.

The litigation gained momentum after short seller J Capital Research published a critical report in January 2024, prompting a slide of more than 23% in Hut 8's share price.

According to a court filing, the $2.35 million recovery represents roughly 19.6% of the estimated maximum recoverable damages, exceeding the 12.9% median and 14.6% average recovery rates for Securities Act-only settlements in 2025.

As part of the agreement, Hut 8 denies any wrongdoing or liability. Hut 8 shares have gained more than 640% over the past year.

Bitcoin Mining
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

Hut 8 to pay $2.35 million to settle investor suit

LIQUIDITY HEATMAP MTF A weighted multi-timeframe liquidity-zone heatmap that aggregates pivot-based resting liquidity from up to four higher timeframes (1H / 4H / 1D / 1W by default), decays old pivot

Liquidity Heatmap MTF [JOAT]

World Cup Predictions: 100,000 USDT Daily2026 World Cup Posting Challenge on HTX SquareHTXCommunity4thAnniversaryTRON Price Prediction: Can TRX Reclaim $0.38 Level? While most altcoins remain stuck be

2026 World Cup Posting Challenge on HTX Square

TRON Price Prediction: Can TRX Reclaim $0.38 Level?

While most altcoins remain stuck below key resistance levels, TRON is quietly building another recovery attempt. TRX price has bounced from a critical support zone, attracting fresh attention from traders as treasury accumulation and network growth continue strengthening the project's fundamentals. The latest rebound arrives at a crucial moment for price action, with bulls attempting to reclaim momentum after a recent pullback. If buyers maintain control, TRON could soon find itself challenging the highs that defined its strongest rally of the year.

Treasury Accumulation Continues to Strengthen Confidence

TRON's long-term narrative received another boost as treasury-related purchases continued adding to existing holdings. Recent disclosures show total reserves surpassing 700 million TRX, reinforcing confidence among investors despite recent market volatility.

Unlike short-term promotional announcements, treasury accumulation directly aligns ecosystem interests with long-term value creation. The strategy also reduces available supply while signaling confidence from entities closely tied to the network's future growth. In a market where investors increasingly favor fundamentals over speculation, continued accumulation remains a meaningful bullish catalyst.

TRON Price Prediction: Can TRX Reclaim $0.38 Level

$RUNE 0.423 after showing a mild +0.71% movement in the last 24 hours. Price action remains compressed between 0.390 support and 0.429 resistance, suggesting the market is building momentum for a pote

$PARTI has broken out of its range and is showing solid momentum. Looking for continuation as long as support holds. Long Setup 📍 Entry: $0.0605 - $0.0610 🎯 TP1: $0.0630 🎯 TP2: $0.0660 🎯 TP3: $0.0700 

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeBitcoin price has limited downside, likely near bottom, contrarian

Bitcoin price has limited downside, likely near bottom, contrarian indicator suggestsIf you’re wondering just how much lower bitcoin BTC$62,272.98 is likely to drop, the answer, at least according to one historically accurate contrarian indicator, is not much.

That's the conclusion from an indicator that might seem to signal a bearish shift in sentiment but has tended to presage a more bullish outlook.

The indicator is based on two moving averages: Bitcoin’s 50-week simple moving average (SMA) and the 100-week average. The 50-week average, representing roughly one year, is very close to dropping below the 100-week line. A shorter-term measure is often seen as a more accurate reflection of recent attitudes, so the cross would trigger what analysts call a "bear cross." At current trajectories, it could happen as soon as next week.

While that might sound scary to bulls, it is potentially positive news.

There have been three such bear crosses in bitcoin's history, and each marked a market bottom, signaling the end of a decline and the beginning of a three-year rally. The impending cross, therefore, suggests the bear market has nearly run its course and the bottom is near.

Critics would argue that three past instances aren't enough to draw a definite conclusion. While that is true, the contrarian record of the bear cross is consistent with the reputation of ultra-long-duration moving averages as "lagging" indicators.

Bitcoin price has limited downside, likely near bo

On June 23, the SBI Group received approval from the Financial Services Agency of Japan and plans to issue the yen-pegged stablecoin JPYSC within this week, becoming the first trust-based stablecoin i

SBI Plans to Issue Yen-Pegged Stablecoin JPYSC This Week

1/ BitMine provided its latest holdings update for June 22, 2026 $10.7 billion in total crypto + "moonshots": - 5,672,956 ETH at $1,733per ETH per ETH (per @coinbase) - 205 Bitcoin (BTC) - $200 million stake in Beast Industries @MrBeast - $104 million stake in Eightco Holdings (NASDAQ:$ORBS) (“moonshots”) and - total cash and marketable securities of $601 million. Ticker: $BMNR Chairman: Tom Lee @fundstrat Link ⛓️

1/ BitMine provided its latest holdings update for June 22, 2026 $10.7 billion in total crypto + "moonshots": - 5,672,956 ETH at $1,733per ETH per ETH (per @coinbase) - 205 Bitcoin (BTC) - $200 million stake in Beast Industries @MrBeast - $104 million stake in Eightco Holdings (NASDAQ:$ORBS) (“moonshots”) and - total cash and marketable securities of $601 million. Ticker: $BMNR Chairman: Tom Lee @fundstrat Link ⛓️

1$ Margin Trade

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