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- Community Morning Brief — Top Headlines 🔹 June 4, 2025
1. Data: Institutional buyers have increased their Bitcoin holdings by 417,000 BTC so far in 2025.
2. The U.S. has presented Vietnam with a complex list of demands in tariff negotiations.
3. Arkham stated on social media that Satoshi Nakamoto’s net worth has now surpassed Bill Gates’.
4. Trump’s Truth Social has filed an application for a Bitcoin ETF.
5. Bloomberg analyst: IBIT’s Bitcoin holdings could surpass Satoshi Nakamoto’s by the end of next year, becoming the world’s largest Bitcoin holder.
6. Attendees of Trump’s crypto dinner rec - #Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor - 👀 #GateCryptoGiveaway# - Whose eyes are these?
Memecoin Quiz: Guess the memecoins based on the eyes below!
💰 $10 Points * 4 winners
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1️⃣ Follow Gate_Post
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 04:00 AM, Jun 7 (UTC)
Whale Signal or Exit? Price prediction for XRP after 44 million tokens leave the exchange
XRP has fallen 8.2% to $2.14 amid a general market cool-off following last month's bullish trend. However, new accumulation signs are emerging as a member of the XRP community on X reported a large withdrawal from the exchange just a few days ago. It seems that the Turkish cryptocurrency exchange Paribu has withdrawn 44.1 million XRP tokens worth nearly 100 million dollars into an external wallet.
This move reduces the liquidity of the token in the short term and often supports the prediction of a bullish price for XRP. The market also interprets the decision to move XRP tokens off the exchange by whales as a bullish move because it means that wealthy investors are preparing for an upcoming bullish trend. This move comes just a few days after CME Group launched two futures contracts linked to XRP. In addition, the market is awaiting the SEC's approval for several applications to establish exchange-traded fund (ETF) XRP. The approval of these ETFs could lead to significant liquidity flowing into cryptocurrencies, paving the way for bullish predictions for XRP. Price prediction for XRP: XRP finds support at the 200-day EMA - Has the pullback ended? XRP broke its trend support line a few weeks ago and has been falling since then. Price volatility also shows that a 'death cross' has appeared on the daily chart after the (EMA) 9-day moving average crossed below the 21-day EMA.
The last time this happened, it led to an 18% loss for the token. If a similar drop occurs this time, the predicted bearish price for XRP will set the first target at $1.90 for the token in the near future. Currently, XRP has found support at the 200-day EMA and has bounced off this important indicator over the past few days. The relative strength index has (RSI) been trending down for several days, which also supports the bearish outlook. However, this still qualifies as a normal retracement in the market that is still bullish. If so, XRP may soon recover as late buyers will take advantage of this fall to buy the token. Besides XRP, the best cryptocurrency pre-sales of the year, such as SUBBD, also offer significant bullish potential for early buyers to take advantage of these events to purchase tokens at a discounted price.