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U.S. jobless claims rise to highest level since October The U.S. Department of Labor announced on Thursday that the number of initial unemployment claims rose slightly to 248,000 in the week ending June 7. This is the highest level since October last year. These data may be affected by the end of the school year and school holidays. In 2024, the number of people applying for unemployment benefits reached a high level in early June. (Jinshi)

I DONT RESPOND TO DMS ANYMORE. YOU SEND ME ALPHA/SHILL. I COUNTER-SHILL YOU WITH NEW ALPHA, RUNNER, OR MY BAGS. ITS THAT SIMPLE. YES, I KNOW I WILL FADE A FEW X'S FROM A FEW OF YOU, BUT THE REST OF YOU WANNA USE ME ABUSE ME ETC. <3 hug emoji dying rose emoji.

AURA rose above 0.16 USDT, with a 24-hour increase of 173.6% Market data shows that AURA rose above 0.16 USDT and is currently trading at 0.1609 USDT, with a 24-hour increase of 173.6%.

A trader spent $66,000 to buy 19.17 million AURA, making a profit of more than $2 million According to Onchain Lens, before the AURA price rose sharply, a trader spent $66,000 to buy 19.17 million AURA, and then sold 3.06 million AURA at $56,800, while transferring 95,000 AURA to other wallets. Currently, the AURA held by this whale is worth more than $2 million.

Bitcoin bulls are roaring! The Hash Ribbon indicator, one of Bitcoin’s most reliable buy signals, has just flashed bullish as BTC holds steady above $107K. With miners rebounding and market momentum building, could this signal spark a historic rally? Dive into the data and sentiment driving this epic moment as of June 12, 2025! Hash Ribbon Buy Signal: A Bullish Turning Point The Bitcoin Hash Ribbon indicator, a time-tested tool created by Capriole Investments, has triggered a rare “buy” signal, igniting excitement across the crypto community. As reported by Bitcoinist, this signal emerged as Bitcoin (BTC) consolidates above $107,000, following a peak of $112,000 earlier this week. With the 30-day moving average (MA) of Bitcoin’s hash rate crossing above the 60-day MA, the indicator suggests the end of miner capitulation, a phase often marking macro price bottoms. Is this the start of a new bull run? Let’s break it down. Understanding the Hash Ribbon: Why It Matters The Hash Ribbon, introduced by analyst Charles Edwards, tracks Bitcoin’s hash rate, the computing power miners dedicate to the network, using 30-day and 60-day MAs. When the 30-day MA falls below the 60-day MA, it signals miner capitulation, as unprofitable miners shut off rigs, often coinciding with price lows. A crossover back above the 60-day MA, paired with a 10-day MA of BTC’s price exceeding the 20-day MA, generates the “buy” signal, indicating miner recovery and price momentum. Historically, this signal has been a powerhouse: Success Rate: Since 2013, 14 of 16 Hash Ribbon buy signals (87.5%) yielded profits, with an average 557% gain from the preceding low to the next peak. Recent Wins: Signals in June 2023 and July 2024 led to new all-time highs of $73,000 and $109,312, respectively. Latest Signal: Flashed this week, aligning with BTC’s resilience above $107K, per TradingView data. X posts, like BitElite17’s, note the signal’s 90% accuracy, though a rare miss in April 2025 followed by a dip tempers expectations. Bitcoin’s Price Action: Holding Strong Above $107K Bitcoin is trading at approximately $107,500, down slightly from its $112,000 all-time high but showing strength above the psychological $100,000 mark, per CoinDesk. Analyst Darkfost, cited by Bitcoinist, highlights BTC’s consolidation as a potential springboard for a breakout, with the Hash Ribbon signal reinforcing bullish sentiment. Key technicals support this: Support Zone: $103,600, backed by the 100-day SMA near $92,245, per Bitcoinist. Resistance: A break above $109,300 could reignite momentum toward new highs, potentially $120,000, per Real Vision’s Jamie Coutts. On-Chain Metrics: Active addresses rose 10% to 1.1 million in 24 hours, signaling network health, per Glassnode. However, declining volume and macroeconomic risks, like rising U.S. Treasury yields, suggest caution, per Bitcoinist. Miner Recovery: A Bullish Fundamental Shift The Hash Ribbon’s buy signal reflects miners’ renewed confidence. After a capitulation phase triggered by high electricity costs and lower BTC prices post-halving in April 2024, miners are powering back up. MiningPoolStats reports Bitcoin’s hash rate at 676 exahashes per second, near all-time highs, showcasing network resilience. This recovery aligns with lower mining costs in regions like Sichuan, where electricity prices dropped, historically boosting Hash Ribbon signals. X sentiment, like MasterCryptoHq’s claim that “every past signal was followed by a major move up,” underscores the signal’s fundamental strength. Historical Performance and Price Predictions The Hash Ribbon’s track record fuels bold forecasts: Past Gains: A 557% average increase from the low before the signal suggests a potential rise from $107K to over $700K, though such gains are speculative. 2025 Targets: Ted, a Binance and OKX KOL, predicts a 31% jump to $140K if BTC repeats past reactions, per The Crypto Basic. Robert Mercer expects $100,000+ in Q2 2025, per Cointelegraph. Long-Term: If the signal marks a macro bottom, analysts like Charles Edwards see new highs by 2026, potentially $150K–$200K, per Capriole Investments. Risks include a break below $103,600, which could trigger a correction to $92K, and macroeconomic headwinds like trade disputes, per Bitcoinist. Market Sentiment: Bulls vs. Bears The crypto community is split but leans bullish. X posts from @BitcoinMagPro  hype the signal as “historically one of BTC’s most profitable,” while AltcoinGordon questions lingering bearish sentiment. Broader market cues, like a 2.1% Ethereum rise post-signal, suggest a sentiment shift, per CoinMarketCap. However, retail caution, with a 2.45% slip in on-chain demand, tempers optimism, per Bitcoinist. Conclusion: Is Bitcoin Ready to Explode? As of June 12, 2025, the Bitcoin Hash Ribbon’s “buy” signal, with BTC holding above $107K, is a beacon for bulls. Backed by miner recovery, a robust hash rate, and an 87.5% historical success rate, the signal hints at a potential rally to $140K or beyond. Yet, macroeconomic risks and key support at $103,600 demand vigilance. Will this signal launch BTC into new highs? Monitor the charts and join the X buzz, this could be Bitcoin’s moment to shine!  Disclaimer This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high level of risk and volatility. Always conduct your own research (DYOR) and consult a professional financial advisor before making any investment decisions.