Monat: Juni 2025

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What’s next for SEI after reclaiming $0.30? Check forecast

Key takeaways

  • SEI has reclaimed the $0.30 psychological level, paving the way for further rally.
  • The positive performance comes despite Bitcoin and other major cryptocurrencies recording losses.

SEI rallies as BTC and others falter

SEI, the 47th-largest cryptocurrency by market cap, is one of the best performers in the top 100 over the last 24 hours. The coin added 5% to its value during that period, allowing it to reclaim the $0.30 mark.

The positive performance comes despite Bitcoin, Ether, XRP, and other major cryptocurrencies recording losses. Bitcoin failed to build on its earlier momentum and now looks set to drop below $106k soon.

SEI’s rally comes after the coin added 80% to its value last week. With the bulls still in control, the coin could resume its upward rally soon and set a new 6-month high. 

SEI could rally to $0.430

The SEI/USD 4-hour chart is bullish and efficient, indicating a bullish bias for the cryptocurrency. The efficiency shows that the market has swept liquidity to the downside and could likely rally higher in the short term.

The pair has an RSI of 60, showing that SEI is currently facing buying pressure from investors. Meanwhile, the MACD lines have also crossed into positive territory and read 0.0108, also suggesting that buyers are in control.

SEI/USD 4H chart

With the bullish trend now resuming, SEI could target the first major resistance level at $0.3516. An extended rally would allow SEI to hit the $0.430 level for the first time since January 2025. However, this rally would likely depend on the broader crypto market and how Bitcoin’s price action plays out.

There is still a chance that the market could turn bearish. Any bearish price action could see SEI retest the $0.24 low. An extended bearish run would see SEI hit the Transactional Liquidity (TLQ) around $0.19. However, the bulls have defended this level vigorously over the past few weeks.

The post What’s next for SEI after reclaiming $0.30? Check forecast appeared first on CoinJournal.

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Jito price outlook as SOL Strategies announces acquisition of 52, 181 JTO tokens

  • SOL Strategies announced the acquisition of 52,181 JTO tokens as part of its newly launched Strategic Ecosystem Reserve (SER).
  • The move is part of the company’s commitment to supporting key projects within the Solana ecosystem, starting with Jito Network.
  • Despite this bullish news, Jito’s price has experienced a decline of 2% over the past 24 hours, trading around $1.93 as of writing.

Jito (JTO) tokens trade near $1.93 on Friday as their decline in recent weeks extends despite top news from SOL Strategies, a publicly traded Solana infrastructure company.

According to market data, JTO price is down 2.2% in the past 24 hours and -13% in the past week.

This downturn suggests that market sentiment may be influenced by broader market trends, with top coins consolidating at key levels following recent gains.

Several altcoins are also down amid specific catalysts, an example being Across Protocol.

SOL Strategies announces ecosystem reserve to support Solana projects

SOL Strategies, formerly Cypherpunk Holdings Inc., has its eyes on bolstering the Solana ecosystem.

In a blog post on Thursday, the company revealed its playbook – a Strategic Ecosystem Reserve (SER) for top Solana ecosystem projects.

The SER is an initiative funded through a portion of the company’s validator revenue and aimed at acquiring and supporting foundational projects.

Initial support is for Jito, the Solana maximal extractable value (MEV) infrastructure and liquid staking protocol.

Per SOL Strategies, 52,181 JTO tokens are the first to make up the SER, a move that could boost the $2.6 billion total value locked Jito Network.

Leah Wald, CEO of SOL Strategies, emphasized that this reserve is not merely a token accumulation strategy but a deliberate effort to back projects critical to Solana’s growth.

“As a technology company focused on building the future of decentralized finance infrastructure, partnerships with foundational providers like Jito align perfectly with our vision. We’re not just investing in tokens — we’re investing in the infrastructure that is driving transaction processing for millions of Solana users while backing a team that is instrumental in driving forward innovation within the ecosystem,” Wald said.

Jito price outlook

While Jito’s price has dipped despite the positive news from SOL Strategies, the strategic acquisition points to institutional investor confidence.

SOL Strategies bets on the fact that Jito is a key player in the Solana ecosystem.

In this case, further support may provide buying pressure for the JTO price.

Jito price chart by TradingView

However, the short-term outlook has the technical indicators – the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) – signaling bearish continuation.

If the technical picture strengthens, bears might extend their dominance and push prices lower.

Support levels lie around $1.58. On the upside, primary resistance could be around $2.10-$2.30.

The post Jito price outlook as SOL Strategies announces acquisition of 52, 181 JTO tokens appeared first on CoinJournal.

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Genius Group to split $1B lawsuit proceeds between shareholders and its Bitcoin treasury

  • Genius Group plans to split lawsuit wins between shareholder dividends and Bitcoin.
  • The company is pursuing two lawsuits seeking over $1 billion in shareholder-related damages.
  • Genius Group’s current BTC holdings stand at 100 BTC and it now targets 1,000 BTC as part of its treasury plan.

Singapore-based edtech firm Genius Group has unveiled an ambitious plan to share potential legal windfalls from its ongoing billion-dollar lawsuits with shareholders while simultaneously deepening its investment in Bitcoin.

In a move that could reshape the company’s financial future, the Board of Directors has approved a distribution framework that will allocate all net proceeds from its legal battles equally between direct payouts to shareholders and purchases of Bitcoin for its corporate treasury.

This strategy marks a bold fusion of legal recourse and crypto investment, driven by a promise to compensate shareholders for damages the company alleges were inflicted by third-party misconduct.

Genius Group is pursuing lawsuits seeking over $1B in damages

Genius Group is actively pursuing two major lawsuits with combined damage claims exceeding $1 billion, each targeting different alleged abuses that the company says have harmed its investors.

The first lawsuit, already filed in the US District Court for the Southern District of Florida, alleges violations under the Racketeer Influenced and Corrupt Organizations Act (RICO) and seeks over $750 million in damages from several individuals, including Peter Ritz, Michael Moe, Michael Carter, and former SEC Chairman John Clayton.

According to the company, these defendants, through their roles in LZGI International and related entities, engaged in actions that caused direct financial harm to Genius Group and its shareholders.

The second lawsuit, which is expected to be filed soon, focuses on alleged naked short-selling and spoofing activities that the company claims manipulated the trading of its shares.

Led by attorney Wes Christian, a well-known legal figure in financial market litigation, the short-selling case is estimated to involve damages between $251 million and $263 million, with that figure expected to rise following further analysis of 2024 and 2025 trading data.

A windfall for shareholders, if lawsuits succeed

Genius Group has committed to splitting all net proceeds from these lawsuits evenly, with 50% allocated as special dividends to shareholders and the remaining 50% used to acquire Bitcoin.

Chief Executive Officer Roger Hamilton emphasised that because these lawsuits seek to recover damages that directly affected shareholders, it is only fair that all recovered funds be returned to them or reinvested on their behalf.

If the company is successful in both cases, each shareholder could receive up to $7 per share, offering a substantial return given the company’s current stock price.

While there is no guarantee of a win in either lawsuit, the prospect of a significant payout and further crypto investment has drawn growing attention from retail traders and crypto enthusiasts alike.

Genius Group’s Bitcoin strategy

Genius Group’s interest in Bitcoin is not new, but the recent announcement reinforces the company’s serious intention to use BTC as a long-term treasury asset.

Just last week, the company revealed that it had increased its corporate Bitcoin holdings by 52%, acquiring an additional 34 BTC to bring its total to 100 BTC.

The purchases were made at an average price of approximately $100,600 per Bitcoin, amounting to an investment of more than $10 million.

The company has stated that it intends to grow its Bitcoin holdings to 1,000 BTC over time, especially now that a previous US court restriction barring it from using investor funds to buy crypto has been lifted.

Hamilton has framed Bitcoin as both a hedge against inflation and a vehicle for shareholder value, noting that future court winnings would also be subject to this new distribution model.

Legal uncertainties remain

Despite the company’s confidence, Hamilton acknowledged that there are legal uncertainties ahead, and no outcome can be guaranteed in either case.

However, the aggressive dual-pronged strategy of rewarding investors while reinforcing a decentralised financial position has attracted renewed investor interest.

This legal-crypto hybrid approach positions Genius Group as one of the few publicly traded companies tying shareholder dividends directly to potential lawsuit wins and Bitcoin acquisitions.

As the cases proceed, both traders and shareholders will be watching closely, not just for court rulings but also for how Genius executes its promise to merge traditional legal settlements with modern digital asset strategies.

The post Genius Group to split $1B lawsuit proceeds between shareholders and its Bitcoin treasury appeared first on CoinJournal.

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Aptos outperforms other coins in the top 50; here’s why

Key takeaways

  • APT is the best performer among the top 50 cryptocurrencies by market cap, up 7% in the last 24 hours.
  • The rally comes after Bitwise filed an amendment to its Aptos ETF application.

Bitwise files an amendment to its Aptos ETF application with the SEC

APT, the native coin of the Aptos blockchain, is the best performer among the top 50 cryptocurrencies by market cap. The coin added 7% to its value in the last 24 hours and now trades above $5 per coin.

The positive performance comes after the Aptos Foundation announced on Thursday that Bitwise has amended its Aptos ETF application with the United States Securities and Exchange Commission (SEC). This is a good sign as it indicates SEC engagement and tracks with other spot approvals.

Furthermore, Aptos will soon launch on Aave V3. These latest developments resulted in buyers taking control of the Aptos market and pushing APT’s price above $5. If the bullish momentum continues, APT could cross the $6 mark soon.

APT targets ILQ at $6.3

The APT/USD 4-hour chart is bearish and efficient, but the lower timeframes have turned bullish thanks to its latest rally. The technical indicators are also turning bullish, suggesting buying pressure.

The relative strength index of 62 shows that more buyers are entering the APT market, while the MACD lines crossing into the positive region cements the assertion. 

If the bullish trend persists, APT could test the Inducement Liquidity (TLQ) level at $6.30 over the coming hours or during the weekend. In the event of an extended rally, APT will take out the Transactional Liquidity (TLQ) at $7.07, its highest level since April 2025. 

APT/USD 4H chart

However, the 4H chart is still bearish and efficient, which means APT could face selling pressure at any of the above-mentioned liquidity levels. Once mitigated, APT could dip and test the low at $3.72. Failure to defend this support level could allow sellers to short APT below $3 for the first time this year.

The post Aptos outperforms other coins in the top 50; here’s why appeared first on CoinJournal.

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Euler price soars 27%, eyes new ATH as EulerSwap volume surges

  • Euler Finance price up 27% in 24 hours as daily volume spikes 236%.
  • Bulls could eye a new all-time high, with EUL price currently hitting $11.
  • Gains have come amid a surge in EulerSwap volume.

Euler (EUL), the native token of the Euler Finance ecosystem, has risen by 27% within the past 24 hours.

This uptick coincides with an explosive increase in trading volume on EulerSwap, the platform’s decentralized exchange, which has recorded a cumulative volume of $230 million in just three weeks despite remaining in beta.

Notably, EUL’s gains see it hover above $11 and bulls could have their sights on a new all-time high (ATH) as the token’s momentum continues to build.

Euler price skyrockets as bulls eye new all-time high

The Euler Finance token has experienced a significant 27% price increase over the last 24 hours, propelling its value to above $11.

Indeed, market data shows the token jumped to an intraday high of $11.05 at the time of writing.

Euler’s price surge has been accompanied by a staggering 236% rise in daily trading volume, which hit $2.65 million to signal fresh market interest and liquidity.

Gains mean that at current levels, EUL is trading just 14% below its previous ATH of $12.97.

The token reached this peak in 2022.

If bulls sustain the upside momentum, Euler could explode past the $12.97 resistance level to behold price discovery mode.

Euler price chart by CoinMarketCap

Why is the price of Euler up today?

Euler’s upward momentum is tied to heightened activity on EulerSwap, which has demonstrated impressive growth since its launch.

The platform’s ability to handle substantial trading volumes while still in beta has bolstered confidence among investors, with many anticipating a potential breakout to new highs in the near term.

On June 26, 2025, Euler Labs highlighted the success of EulerSwap, noting it had achieved over $230 million in cumulative trading volume in just three weeks.

This came as Euler Labs detailed enhancements to the EulerSwap interface and upcoming features.

Euler Labs introduced EulerSwap in late May, noting the smarter DEX unifies trading, lending and borrowing.

“EulerSwap integrates Uniswap v4 directly with Euler lending vaults in order to tackle inefficiencies like idle capital, lack of collateral utility, and costly rebalancing,” it noted.

Notably, Euler’s integration with Arbitrum is key to tapping into an ecosystem boasting rapid adoption in the DeFi market.

As the Euler Super App lands on Arbitrum, users can lend, borrow, and loop multiple tokens, including ARB, USDC and USDT0. Also supported are the wrapped tokens of Ethereum and Bitcoin – WETH, wstETH, weETH and WBTC.

The 27% surge in Euler’s price also aligns with overall bullish sentiment across altcoins, with several small caps rising as investors position amid broader accumulation.

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