Cryptocurrencies Price Prediction: Bitcoin, Litecoin & Ethereum – European Wrap 3 June

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Bitcoin Price Forecast: BTC/USD pivotal at $9,500, is $10,000 still in the picture

Bitcoin price is holding around $9,500 after a miner recovery from intraday lows on the day at $9,369. The struggle to defend the level at $9,500 comes after a devastating free-fall from highs above $10,000. Bitcoin had on Monday surged to levels above $10,400 but selling pressure took precedence as investors rushed to take profit.

Litecoin Chart Analysis: LTC/USD bulls lie in wait on approach to $45.00

Litecoin (LTC) has been trading in a tight range since the start of the day, consolidation large moves of the previous days. LTC/USD hit the low of $44.52 on Tuesday amid major sell-off on the cryptocurrency market and managed to recover to $46.20 by the time of writing. The coin has lost over 5% in the recent 24 hours and stayed unchanged since the beginning of Wednesday.

Ethereum Price Update: ETH worth of nearly $1 billion is locked in DeFi applications

The value of funds locked on smart contracts of decentralized finance applications (DeFi) reached nearly $1 billion after a sharp decrease in March amid global sell-off on the cryptocurrency market.

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Pi Network Price Forecast: Bulls attempt comeback as bearish strength fades

Pi Network is trading at around $0.120 on Friday after a modest recovery the previous day. Despite this recent rebound, traders should be cautious as a scheduled unlock of 14.8 million PI tokens on Friday could limit the token's recovery potential by increasing market supply.

Nakamoto cuts debt with $48M Bitcoin sale as treasury firms prioritize balance sheet strength

Bitcoin treasury company Nakamoto sold approximately 600 BTC and related derivatives, according to a statement on Thursday. The company used the proceeds to reduce debt, lower financing costs and extend the maturity of a major loan facility.

Top 3 Price Prediction: BTC tests key resistance, ETH stabilizes, XRP shows signs of bearish exhaustion

Bitcoin is attempting to reclaim the key $64,000 resistance level after staging a modest recovery from recent declines. Ethereum is stabilizing above $1,660 after a slight rebound, while Ripple momentum indicators suggest weakening bearish pressure.

Citigroup to launch blockchain platform for tokenized shares of private companies

Citigroup is preparing to launch a blockchain-based platform that will allow wealthy and institutional investors to trade tokenized shares of private companies, according to a Thursday report by The Wall Street Journal. The platform will use tokenized depositary receipts, with Citi acting as both issuer and custodian.

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.