NammaCrypto ₿ நம்மகிரிப்டோ
278 subscribers
3.37K photos
36 videos
4 files
2.11K links
Tamilnadu Crypto News
Watch tamilbtc.com/connect
Visit http://www.xn--tkca.com/
By @tamil_btc
Download Telegram
If Accumulation is Rising, Why is BTC Still Falling?

While accumulation is slowly returning and distribution by weak hands has eased, it's not yet strong enough to overpower the ongoing profit-taking pressure from long-term holders.

These older holders, sitting on significant gains, are realizing profits, creating a supply overhang that caps upward momentum — at least for now.

Until demand from new buyers or conviction accumulators significantly outweighs this sell-side pressure, Bitcoin may remain under short-term bearish pressure despite underlying bullish signals.
📊 Solana Sees Massive Spike in Coin Days Destroyed

Yesterday recorded the third-largest spike in Coin Days Destroyed (CDD) for SOL in 2025, hitting 3.55 billion.

Only two days this year were higher:
🔹 Feb 26 – 5.53B
🔹 Mar 3 – 4.64B

Such spikes often indicate long-dormant coins moving, which may signal a shift in holder conviction — either profit-taking or repositioning.

👀 A metric worth watching as it could hint at changing market sentiment around Solana.
Top 5 Coins by AltRank over the last 24 hours on @Lunarcrush!
$KMNO $UNI $SOL $SEI $RAY⚡️🚀

AltRank™️ is a proprietary measurement combining altcoin price performance relative to Bitcoin along with measuring the difference in social activity indicators between all coins.
Please open Telegram to view this post
VIEW IN TELEGRAM
📌 Daily Crypto Market Update!
June 10th, 2025

Source: CoinMarketCap
🪙
Please open Telegram to view this post
VIEW IN TELEGRAM
🤖 Try BingAI and Win Daily Rewards!

Registration Period
2025-05-27 00:00 ~ 2025-06-17 00:00(UTC+8)

Event Period
2025-05-27 00:00 ~ 2025-06-17 00:00(UTC+8)

Event Link
https://bingx.com/activity/BingAI?pAid=10004862&ref=TTVXG9A
Why is Bitcoin dropping?

☝️☝️
BREAKING: Israel to bomb Iran 🇮🇱🇮🇷
$ETH instantly dumps -8% 💥
There is now a 0% chance of an interest rate cut at the June FOMC meeting. Instead, the market is now giving a very, very, very small chance of a rate hike.
JUST IN: The #EthereumFoundation just moved 1,000 $ETH ($2.47M) to wallet 0xc061 — again — just few mins ago!
🔥 MEXC Weekly Industry Insights (June 9 - June 13)

1️⃣ U.S. spot Bitcoin ETFs recorded a massive net inflow of $1.07B, reflecting renewed institutional confidence. 🚀
2️⃣ U.S. spot Ethereum ETFs also surged with $530.29M in net inflows, signaling a strong rebound in sentiment. 📈
3️⃣ The U.S. Senate will hold a final vote on the GENIUS Stablecoin Bill on June 17, marking a critical moment for regulatory clarity.
4️⃣ BlackRock has officially named crypto assets a core component of its 2030 strategic vision, cementing long-term institutional commitment. 📊
5️⃣ A major Israel-Iran conflict sent global markets into turmoil—oil jumped 10%, gold hit $3,400, and stocks tumbled worldwide. 🌍
6️⃣ U.S. jobless claims rose to 248K, the highest since October 2024, raising concerns about a cooling labor market. 📉
7️⃣ South Korea’s ruling party proposed a new bill allowing the issuance of stablecoins, potentially unlocking broader digital asset use in Asia.
8️⃣ BlackRock’s spot Bitcoin ETF shattered records by becoming the fastest fund to surpass $70B in AUM, beating the gold ETF benchmark.
9️⃣ The U.S. SEC asked the issuer of the spot Solana ETF to update its S-1 filing, fueling optimism for a potential approval within four months.
🔟 Apple, X (formerly Twitter), and Airbnb are reportedly in talks with crypto firms to integrate stablecoin payments, highlighting growing tech adoption.

Download MEXC and Sign Up
Download MEXC APP 🍏
Website 🌐
Please open Telegram to view this post
VIEW IN TELEGRAM
DYM analysis:

The price is currently forming a falling wedge pattern and is now testing the support trendline. You can consider opening a long position here with a tight stop loss. We may see a bounce from this level toward the resistance line. A break above this wedge pattern could lead to a significant rally.

Support Area: $0.237-$0.24

Resistance Area: $0.27-$0.276
Massive Ethereum Whale Accumulation Detected!

For nearly a week straight, daily whale accumulation has consistently exceeded 800K $ETH, pushing total holdings in the 1K–10K ETH wallet range to over 14.3 million ETH.

🔹 June 12 alone saw a staggering 871K $ETH added — marking the largest single-day net inflow so far in 2025, and the biggest daily whale accumulation since 2017.

This level of conviction signals growing institutional confidence and could set the stage for Ethereum’s next major move.
Bitcoin has broken through the resistance area, which is a positive sign. The price has now retested this area and bounced back. If this support level holds, we may see a test of the $110,000-$110,500 resistance zone.
XEC has broken the descending triangle downwards as anticipated. You can open a short position with a tight stop loss. We may see a decline towards the lower support area.

Support Area: $0.00001580-$0.00001660
BTC Daily Technical Outlook:
$BTC closed bearish today, driven by fundamental panic. Tomorrow’s FOMC event and geopolitical developments will lead to overall volatility. The market can shift at any moment. I’ll track the intraday chart to get a quick scalp 👀
ETH Daily Technical Outlook:
$ETH closed indecisively as ETHBTC held the support. We need more healthy Daily candles to get a trade opportunity. The intraday chart should be highly volatile during the FOMC press conference. I will monitor it for a scalp ⚡️