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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
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📅 Ends at 04:00 AM, Jun 7 (UTC)
Jupiter (JUP) Approaches Key Resistance – Is a Breakout on Horizon?
Date: Thu, May 22, 2025 | 05:58 PM GMT The cryptocurrency market has mounted a solid comeback in recent weeks from its bearish Q1. Bitcoin (BTC) has managed to melt faces with today’s new all-time high of $111,970, while the impressive 56% monthly jump of Ethereum (ETH) is uplifting sentiment across altcoins — including Jupiter (JUP). The DEX token has surged over 35% in the last month, and the charts suggest it might not be done yet. Technical analysis points to a potential major breakout forming on the horizon.
Source: Coinmarketcap JUP Testing Key Resistance On the daily chart, Jupiter is flashing a textbook Cup and Handle pattern, a structure often seen ahead of strong bullish breakouts. The "cup" portion formed between late March and early May, beginning with a steep rejection at $0.58 and bottoming out at around $0.30.Since then, JUP has gradually rebounded, forming a rounded base before pulling back slightly — creating the "handle" around the $0.46 level.
Jupiter (JUP) Daily Chart/Coinsprobe (Source: Tradingview) Now, $JUP is pressing against its neckline resistance around $0.58, which has acted as a brick wall on multiple occasions. The shaded resistance zone on the chart highlights this area, and JUP is trading just shy of that at $0.57. What Happens If JUP Breaks Out? A clean breakout above $0.61, especially with a retest, would confirm the Cup and Handle pattern and open the doors for a powerful upward continuation. If confirmed, the next target to watch is the 200-day moving average around $0.76, followed by the pattern’s projected price target in the $0.86–$0.90 range. This represents a potential 55% gain from current levels. What’s more, the broader market environment favors bullish setups. Ethereum is knocking on the door of $2,700 resistance, and if it breaks out, it could act as a catalyst for altcoin momentum — including JUP. Historically, ETH rallies have triggered waves of capital rotation into DEX-related tokens. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult a financial advisor before making investment decisions.