Monat: Juni 2025

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Bitcoin Cash price forecast: BCH steady despite profit taking

  • Bitcoin Cash price hovered above $470 on June 18, 2025, despite broader profit taking.
  • BCH could break to December 2024 highs around $640.
  • However, a lack of decisive moves above $500 could allow for further declines if bearish momentum accelerates.

Bitcoin Cash (BCH) is trading just below $470, marginally in the red for the day, while most major altcoins have seen sharper declines over the past 24 hours.

The token, which is a fork of Bitcoin (BTC), is down 0.3% at the time of writing, faring better than most of the top 10 cryptocurrencies by market cap, which are down between 1.5% and 3%.

The total market capitalization of all cryptocurrencies has declined 1.5% to $3.26 trillion, reflecting a broader pullback in risk assets across global markets.

Bitcoin Cash price dips amid crypto market weakness

Despite the profit-taking that has intensified as uncertainty looms with the geopolitical conflict in the Middle East, Bitcoin Cash shows notable resilience.

Macroeconomic pressures have also not helped investor sentiment, providing a potential downturn outlook for BCH and most altcoins.

The Bitcoin Cash price stood among the top gainers last week, rising to hit highs near $480.

It outpaced peers and Bitcoin’s more modest gains as it extended above $400.

However, the past 24 hours have seen BCH retreat from its multi-week highs, largely due to broader profit-taking across the market.

Similar trends have seen Bitcoin price pullback from highs above $108k to under $105k, driven by geopolitical tensions.

The recent military escalations between Israel and Iran have dampened investor confidence, contributing to market volatility.

While there are positive developments, such as the US Senate’s passage of the GENIUS Act, broader uncertainty persists.

Investors are thus largely cautious, a reflection seen in Bitcoin’s performance.

Indecision runs high, and BCH’s delicate poise above $400 may be retested again.

On the other hand, a flip could be huge for bulls.

BCH price prediction

Despite recent losses, Bitcoin Cash exhibits resilience, with bulls defending the $400 support level within an ascending triangle pattern.

Often, such a pattern precedes bullish breakouts.

Also steady is the Open Interest (OI) in BCH futures. Per Coinglass, OI has risen 2.8% to $487 million to signal continued trader confidence.

Buyers may use the dip to position for a potential move.

BCH chart by TradingView

Technical indicators bolster this optimism, with the Relative Strength Index (RSI) at 65 to suggest sustained bullish momentum.

Bitcoin Cash’s daily chart also has the Moving Average Convergence Divergence (MACD) showing a bullish crossover, suggesting buyers retain the upper hand.

Should BCH break above the key $500 resistance, the next target lies at the December 2024 highs of $640, potentially signaling a broader rally.

On the downside, strong support exists at $400, with $375 acting as a critical floor.

A breach below these levels could accelerate bearish pressure, particularly if Bitcoin falls below the psychological $100k level.

The post Bitcoin Cash price forecast: BCH steady despite profit taking appeared first on CoinJournal.

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New AI crypto Block3 looks to disrupt the multi billion dollar gaming industry

  • Block3, a new entrant in the gaming space, is proposing a radically different model for how games are built, distributed, and monetised.
  • At the core of this system is Trinity, a generative gaming model trained via a distributed network.
  • The project’s BL3 token presale will start on Thursday, June 26.

The gaming industry, often criticised for its lack of innovation and struggling with declining sales, may be approaching an inflection point.

Amid layoffs and consolidation, a new entrant—Block3—is proposing a radically different model for how games are built, distributed, and monetised.

While recent breakthroughs like Google’s Veo 3 have showcased the power of generative AI in video, Block3 brings similar capabilities to gaming.

Its platform allows users to create open-world video games using just a text prompt—no prior coding, design, or development experience required.

At the core of this system is Trinity, a generative gaming model trained via a distributed network.

Contributors to Trinity’s training process are compensated through blockchain-based incentives, making the platform both decentralised and community-driven.

Block3 also introduces a “Create2Earn” framework, where game creators earn crypto based on player engagement.

By combining elements of the $20 billion AI crypto sector and the $18 billion web3 gaming market, the platform aims to create a circular ecosystem that rewards participation on both the development and user sides.

The project’s native BL3 token will go on presale starting Thursday, June 26.

Block 3 plans to democratise gaming

Block3 positions itself as a next-generation platform designed to make game development accessible to anyone, regardless of technical background.

By combining generative AI with blockchain infrastructure, the platform allows users to create open-world video games using simple text prompts, potentially reducing development time from years to seconds.

At the center of the ecosystem is the BL3 token, which facilitates everything from creation fees to asset trading and revenue sharing.

The token offers exposure to the intersection of artificial intelligence and gaming. Where legacy studios operate on multi-year timelines with budgets in the hundreds of millions, Block3 offers a radically leaner approach to production.

As AI continues to reshape creative industries, Block3 represents a potential entry point into the upstream layer of game production and monetization.

With its tokenized model and community-first architecture, the platform aims to offer a new framework for content creation, ownership, and participation in gaming.

Block3’s path to success

The BL3 token offers investors a liquid, scalable entry point into the growing convergence of artificial intelligence and gaming, an industry projected to reach a market size of $665 billion by the end of the decade.

For retail participants, it represents the first opportunity to gain exposure to the upstream layers of game creation, monetization, and distribution in tokenized form.

Value in the Block3 ecosystem is designed to accrue across multiple channels, including creation fees, royalties, and in-game marketplace activity.

By aggregating these flows into a single asset, BL3 functions as a broad-based instrument tied to the future of synthetic game development—analogous, in concept, to an index-style exposure to AI-driven entertainment.

Block3’s architecture also plays a broader role in advancing AI capabilities. Each user-generated game becomes a training data point, contributing to a feedback loop of recursive AI improvement.

As gameplay generates data, that data informs better models, which in turn produce more engaging games, creating a continuous refinement cycle.

This structure positions Block3 not only as a platform for democratized game development but also as a potential engine for large-scale AI training.

The post New AI crypto Block3 looks to disrupt the multi billion dollar gaming industry appeared first on CoinJournal.

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SEI price prediction: SEI eyes $0.2 after outperforming the broader market this week

Key takeaways

  • SEI is one of the best performers among the top 100 cryptocurrencies by market cap, up nearly 2% in the last 24 hours.
  • It could rally to the $0.2 level despite the bearish market conditions.

SEI outperforms the broader crypto market

SEI, the native coin of the Sei ecosystem, is one of the best performers among the top 100 cryptocurrencies by market cap. It added nearly 2% to its value over the last 24 hours and now trades around $0.17.

There is no catalysts behind SEI’s latest positive performance as the broader crypto market underperforms. Bitcoin and other major cryptocurrencies are currently in the red as the ongoing conflict in the Middle East continues to affect the broader financial markets.

The total cryptocurrency market cap has declined to $3.25 trillion, down 1.54% in the last 24 hours. However, SEI is the best performer in the top 100 as it added 2% to its value during that period.

SEI targets the $0.2 resistance level

SEI could rally higher in the near term if the bulls remain in control. The technical indicators are turning positive, but SEI is still subject to events in the broader cryptocurrency market.

If the bullish momentum increases, SEI could be testing the $0.2 resistance level in the coming hours or days. However, with the broader market still bearish, SEI could likely retest the $0.15 support level soon.

SEI chart

The MACD is still within the negative territory, indicating that SEI is still bearish in the higher timeframe. Furthermore, with an RSI of 42, SEI is still in the sold region and could experience further selling pressure if it doesn’t hit the 50 RSI level soon.

However, the market could grab liquidity around the $0.1871 region before any downward movement. Traders should keep an eye on today’s FOMC as that could play a key role in SEI’s performance in the near term.

The post SEI price prediction: SEI eyes $0.2 after outperforming the broader market this week appeared first on CoinJournal.