Schlagwort: crypto business

• The price of WhiteBIT Coin hit $52 after the Juventus partnership announcement.
• Market eyes $60 as momentum and demand grow.
• WhiteBIT has expanded its reach through sports and staking utility.

WhiteBIT Coin (WBT) is making headlines after a dramatic price surge that followed a landmark partnership with Juventus, one of Europe’s most prestigious football clubs.

The token, which powers the WhiteBIT exchange ecosystem, has gained significant traction in the crypto market, thanks to this high-profile sports collaboration.

At press time, WBT was trading at $49.60, just days after hitting a new all-time high of $52 following the Juventus announcement.

Although the token’s bullish momentum seems to have cooled off, WBT could be on track to break the $60 mark if momentum continues to build.

Juventus’ partnership has lifted WBT to record highs

The surge in WBT’s value came just two days after Juventus announced a multi-year sponsorship deal with WhiteBIT.

The agreement names WhiteBIT as the official cryptocurrency exchange partner and official sleeve sponsor for Juventus’ Men’s and Women’s First Teams.

Starting with the FIFA Club World Cup in 2025, the WhiteBIT logo will be displayed on Juventus kits, bringing the brand into the global spotlight.

This partnership is being widely viewed as a credibility boost for WhiteBIT, positioning the exchange alongside one of the most iconic names in world football.

As the collaboration runs through the 2027/28 season, traders anticipate long-term exposure for WBT, especially as football fans become more familiar with the brand.

The massive price rally shows market confidence in WhiteBIT Coin

Going by the information on Coingecko, WBT’s price has soared by more than 50% in just a week, with bullish sentiment flooding the market after the Juventus deal.

Before the announcement, WBT was trading in the lower $30 range, but the token quickly climbed to a new high of $52 on June 16, 2025.

While some traders expect a short-term pullback, the market has shown strong support near $48, indicating ongoing investor interest.

Technical indicators currently show a bullish bias, with a majority pointing toward continued upside.

The partnership with Juventus, combined with existing collaborations with FC Barcelona and national teams, further strengthens the case for upward momentum.

Predictions see more upside potential for WBT

Market forecasts suggest that WBT could climb even higher in the coming months if current conditions hold.

Notably, with a fixed supply of 400 million tokens, continuous token burns, and growing platform utility, many investors believe WBT still has room to grow.

CoinCodex expects a potential drop to around $37 in the short term but also outlines a high target of $122 by year’s end, showing strong upside potential.

Other analysts, like CoinLore, remain optimistic, predicting WBT could hit $86, although a short-term pullback to $47.06 in the next few days could be possible.

WhiteBIT’s broader vision supports the long-term growth prospects

Beyond the Juventus deal, WhiteBIT’s ecosystem plays a central role in WBT’s value proposition.

As the largest European crypto exchange by traffic, WhiteBIT serves over 35 million users and supports over 350 crypto pairs.

Its native token, WBT, offers real utility — from reduced trading fees to passive income through staking — all backed by a secure and compliant infrastructure.

WhiteBIT’s strong regulatory footing, combined with strategic marketing in the sports world, is making the token increasingly appealing to both retail and institutional investors.

The exchange’s focus on innovation, speed, and user safety continues to attract attention in a crowded crypto landscape.

Can WBT hit $60 soon? The momentum says yes

Given the current momentum, breaking the $60 threshold appears to be more a matter of “when” than “if” for WBT.

With the Juventus deal cementing WhiteBIT’s position in the mainstream and technical indicators remaining bullish, trader confidence is riding high.

Although some price corrections may occur, the long-term trajectory looks favourable as the exchange continues to build credibility and attract users.

As more fans interact with the brand and crypto adoption grows, WBT’s upward trend could accelerate, pushing it beyond $60 in the near term.

The post WhiteBIT Coin price prediction: Juventus sleeve deal could push WBT to $60 appeared first on CoinJournal.

• Upbit has listed KRW and USDT trading pairs of Raydium (RAY) cryptocurrency.
• Strong fundamentals support RAY’s short-term bullish momentum.
• Key resistance lies at $2.52–$3.12 for a breakout continuation.

Raydium (RAY) has become one of the top gainers in the crypto market this week after a major listing announcement by South Korea’s largest exchange, Upbit.

The listing has caused a sudden surge in interest, pushing RAY’s price significantly higher, sparking speculation among traders and investors about its short-term and long-term trajectory.

Although the listing announcement gave Raydium a strong boost, the question now is whether the rally can hold and translate into a sustained upward trend.

As market volatility remains high, price action, trading volume, and technical indicators all point to a critical phase ahead for RAY.

The Upbit listing triggered a massive price rally

On June 19, Upbit announced that it would list Raydium trading pairs in both KRW and USDT markets.

The listing news instantly fueled a surge in trading activity, with RAY climbing nearly 45% to an intraday high of $2.64, according to CoinMarketCap data.

Notably, the listing not only marked Raydium’s entry into one of Asia’s largest crypto markets but also helped end a 35-day downward trend.

However, the initial breakout above resistance was short-lived as sellers quickly stepped in, leading to a long upper wick on the daily chart.

Even though the price has fallen back below the resistance at $2.28, market interest remains strong, suggesting that the rally may not be over yet.

Traders are now watching closely for signs of consolidation or further breakout.

Strong fundamentals are backing the momentum

Beyond the excitement of the Upbit listing, Raydium’s fundamentals have played a critical role in its recent revival.

According to DefiLlama data, the project currently holds a total value locked (TVL) of $1.764 billion, reflecting significant user activity on its decentralised platform.

Its annual revenue of $655.9 million stands out in the DeFi sector and contributes to a high revenue-to-market cap ratio of 19.2%.

This metric, combined with a TVL-to-market cap ratio of 2.84, underlines the project’s strong capital efficiency.

Additionally, investor conviction appears robust, with $67.2 million worth of RAY tokens staked, representing roughly 11.9% of the circulating supply.

This indicates that a meaningful portion of holders remain confident in the asset’s long-term value.

Volume spike hints at short-term strength

Trading volume has been another major factor in the recent rally.

In just 24 hours, Raydium’s volume exploded by over 600%, climbing to $401.19 million.

This sharp increase in liquidity helped push the token above immediate resistance levels, triggering short covering and fresh buying.

Despite the strong move, volatility has begun to compress, as seen in the narrowing of the Bollinger Bands.

This typically suggests the market is gearing up for another significant directional move, with the next breakout likely to be decisive.

Technical indicators suggest a mixed outlook

From a technical standpoint, RAY’s price is attempting to recover after finding support near the psychological $2 level.

The 50-day exponential moving average (EMA) now sits near $2.54, a key level that bulls must reclaim to maintain upward momentum.

A daily close above this line could open the door to the next resistance near $2.96 and possibly $3.40.

On the daily chart, the formation of a double-bottom pattern, combined with bullish signals from both the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), support the possibility of further gains.

In addition, the RSI currently hovers around 45, way below the overbought zone, which leaves room for further upside while also signalling caution in case of renewed selling pressure.

However, the wave count suggests that the current move may be part of a corrective phase, with the next key zone located between $2.90 and $3.12.

If RAY fails to sustain above these levels, a return toward the $2.10 support remains likely, potentially confirming the bearish wave C pattern in development.

 

The post Raydium price forecast after the Upbit listing appeared first on CoinJournal.

• U.S. Senate’s passage of the GENIUS Act, a stablecoin bill, led to significant stock price surges for Coinbase and Circle.
• Bitcoin Pepe, designed to combine Bitcoin’s security with Solana’s speed, has raised over $15 million in its presale.
• The project also announced a 30% token bonus for current investors.

The post Bitcoin Pepe price outlook as stablecoin companies gain after US Senate passed GENIUS act appeared first on CoinJournal.