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Meta Launches Paid AI Agent for Enterprise Business Messaging Services

By Tina Fatima | Edited By Ammar Raza,June 4, 2026, 1:00 AM

Meta has introduced a paid AI agent for businesses across WhatsApp, Messenger, and Instagram to manage customer interactions. The system uses subscriptions and token-based pricing.

This shift supports Meta’s strategy to monetize AI investments while expanding automation tools and improving enterprise communication efficiency across its platforms.

Meta Introduces Paid AI Agent For Businesses

Meta Platforms has begun rolling out a paid artificial intelligence agent for businesses across its messaging ecosystem.

The tool is designed to handle real-time customer interactions on WhatsApp, Messenger and Instagram. This marks the company’s first direct attempt to monetize AI agents aimed at enterprise communication.

Meta Platforms Inc. is selling businesses access to an artificial intelligence agent for the first time, its latest effort to generate revenue to offset the company’s hefty AI investments. https://t.co/YTJDKiBISv

— Bloomberg (@business) June 3, 2026

Meta previously offered similar tools without charging fees, focusing instead on adoption and engagement. The new strategy reflects growing pressure to convert AI investments into revenue streams.

The company continues to expand its AI infrastructure while integrating automation into core business services. Early use cases include customer support and product inquiries. Meta expects wider adoption among brands seeking faster digital engagement solutions.

Also Read: Nvidia Hits $5.4 Trillion Market Cap as Jensen Huang Joins Trump on China Trip

Subscription And Token-Based Pricing

For the Meta Business Agent, the company is going with a dual pricing plan. Large companies pay based on token usage, which tracks data processed by AI. Smaller firms get tiered subscription plans instead.

This way, Meta hopes to match costs with the computational needs and company size, giving everyone a flexible option while still covering their expenses. Pricing tiers aren’t revealed yet, though. It switches from free AI tools to generating revenue through subscriptions.

Meta is trying out subscription options within its AI ecosystem as part of a bigger plan for commercialization. They aim for long-term platform sustainability with this move.

Competition And Future AI Agent Expansion

Meta’s ramping up its AI goals with more competitors around. They want their AI agents to do more than just chat; think independent task-running, like researching and analyzing data.

Plus, they plan on handling calendar stuff too. This is all to get an edge in the consumer and enterprise productivity markets.

The company started behind in the AI race but is ramping up investments to catch up. Execs think AI will be key to growing revenue down the road.

Meta is weaving machine learning into ads and content systems on all its platforms. This move boosts its long-term goals for automation, efficiency, and growth.

Also Read: SEC Strategic Plan Puts Digital Assets at the Center of Policy

Filed Under: Cryptocurrency News

Bitcoin Price Cycles Signal 2027 Surge as “Bitcoin Is Dead” Narratives Return

By Sajjal Ali | Edited By Ammar Raza,June 3, 2026, 11:30 PM

Crypto Patel highlighted a recurring emotional cycle around Bitcoin price, where extreme fear appears during deep corrections, followed by strong recoveries.

He noted that in 2020, the phrase “Bitcoin is dead” emerged during weakness, yet the Bitcoin price later surged by nearly 1700%.

In 2022, a similar sentiment formed again during the bear market, after which the BTC price recovered by around 400% in the following cycle phase.

Bitcoin price analysis

Source: X

His latest view suggests that the same pattern may be forming again as the Bitcoin price enters another uncertain phase.

This cyclical behavior reflects how investor sentiment tends to collapse near major lows, only for Bitcoin’s price to rebuild strength over time as long-term participants re-enter the market.

Long-Term Bitcoin Price Cycle Structure and Market Behavior

A detailed look at weekly BTC perpetual futures data shows that BTC price moves in repeated expansion and contraction cycles. Historically, the Bitcoin price has fallen between 70% and 80% after major cycle peaks before recovering to new highs.

The 2021–2022 cycle followed this structure after the BTC price reached nearly $69,000, later dropping about 78% amid macro tightening and risk-off sentiment.

The chart suggests that each cycle forms a higher low base before the BTC price begins a new upward phase. Current projections indicate that after Bitcoin’s price surpassed $100,000, a potential correction of around 70% could bring it toward the $40,000–$50,000 zone.

This area is viewed as a possible accumulation region where long-term positioning in Bitcoin price may return before the next expansion phase begins.

Also Read: DASH Price Holds Key Support With a Recovery to $46.60 in Focus

CryptoQuant Signals Shift in Bitcoin Liquidation Pressure

CryptoQuant data highlights a major shift in derivatives activity affecting BTC price, with long liquidations heavily dominating recent market moves.

The latest reading shows $246.6 million in long liquidations versus only $1.45 million in short liquidations, reflecting intense pressure on leveraged bullish positions tied to the Bitcoin price.

CryptoQuant Signals Shift in Bitcoin Liquidation Pressure

Source: X

Earlier sessions also recorded large wipeouts, including $270.6 million on May 23, $216.9 million on May 27, and $227.7 million on May 28, all impacting Bitcoin price volatility.

Between May and early June, Bitcoin traded from $78,000 to $82,000, then dropped to the mid-$70,000s. The fall led to more long positions getting chopped up and sold off.

On June 1st, there was a major spike signaling a huge round of liquidations, eliminating lots of leveraged bets on Bitcoin. This implies that those liquidation processes continue to impact the cryptocurrency’s brief dips and overall mood in the market.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Tether-Backed Adecoagro Bitcoin Mining Hub Powered by Sugarcane

Filed Under: Cryptocurrency News

Apple’s AAPL Price Forecast: Potential Retracement Looms After Extended Rally Above $300

By Sajjal Ali | Edited By Ammar Raza,June 3, 2026, 11:07 PM

The AAPL price is back in focus after a fresh TD Sequential signal appeared on the weekly chart, raising the possibility of a short-term pullback following months of strong gains.

Simultaneously, Apple is reshaping its wearable tech future. They’ve put their AR glasses launch on hold but are ramping up development of more accessible AI smart glasses for a wider audience.

Analyst Ali pointed out that the newest signal resembles what we saw during Apple’s climb. Back then, shares dropped briefly, but then rebounded to hit new highs.

Now, with the AAPL price close to record highs above $300, investors are keeping a watchful eye. They want to know if another consolidation phase is kicking off.

Also Read: Dogecoin Consolidation Fits 5-Phase Wyckoff Model

AAPL Price Faces Key Test Near Recent Highs

Apple’s stock has been climbing recently, going from around $248 to $260 in April and May, up to over $300 now. 

Checking previous trends, analyst Ali sees mixed results: a September 2025 signal led to a 5.88% drop followed by an uptick, whereas a December signal triggered a bigger fall of 15.66%, resetting the rise before it came back up again.

AAPL Price Faces Key Test Near Recent Highs

Source: X

The AAPL price is showing a short-term pullback between $306 and $310. There could be drops towards $288–$290, with stronger support at $260–$275. Key buying zones are around $280 and $264. The overall uptrend will stick around as long as the price doesn’t dip below $296–$300.

The TD Sequential “9” on the daily chart signals some fatigue, so expect more sideways movement. Yet, if the momentum continues and it breaks past recent highs, the AAPL price could head towards $320.

Apple Expands Smart Glasses Strategy

Investors keep an eye on AAPL’s price, but Apple’s future products are getting attention too. Sam Badawi reported that Apple delayed its AR smart glasses with displays until 2029.

They’re pushing back from the Vision Pro towards lighter wearables, like the display-free AI glasses, which are set for 2027. These are meant for broader use so more people can try them out.

Apple Expands Smart Glasses Strategy

Source: X

Apple’s Vision Pro, set for an upgrade with an M5 chip in 2025, will be followed by Vision Air in 2027 and a second-gen Vision Pro in 2028. 

Plus, they’re developing smart glasses like other AI eyewear. The gadgets will lean into photography, sound, navigation, alerts, and AI assistance, not full AR, though.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: NEAR Price Analysis: Bullish Breakout Signals Recovery Toward $20

Filed Under: Cryptocurrency News

ONDO Climbs 14% While RSI Signals Potential Breakout

By Amrin Sanjay | Edited By Messam Raza,June 3, 2026, 8:30 PM

ONDO recorded a 14% daily gain as traders monitored a key resistance area on the chart. The move came during a broader period of weakness across parts of the cryptocurrency market, drawing attention to ONDO’s relative strength.

Market analysts have also highlighted the token’s Relative Strength Index (RSI), which is approaching an important resistance level that could influence the next phase of price action.

ONDO Outperforms the Broader Crypto Market

ONDO gained approximately 14% in a single trading session, standing out from many digital assets that faced selling pressure. The strong performance attracted attention from traders looking for assets showing resilience during a market downturn.

ONDO outperforms the broader crypto market
Source: Niels

Market participants often view relative strength as an important indicator during uncertain conditions. When an asset rises while broader markets struggle, it can suggest sustained buying interest and stronger market positioning compared to peers.

Also Read: ONDO Price Breakout Signals Major Move Toward All-Time High Retest

RSI Approaches a Major Technical Level

Technical analysts have pointed to the daily RSI as one of the most important indicators currently influencing ONDO’s outlook. The RSI measures momentum and is commonly used to identify strengthening or weakening trends.

According to chart observations shared by analysts, the RSI is testing a resistance level that has previously acted as a barrier. A successful move above that threshold could signal strengthening momentum and support additional price gains.

Resistance Zone Remains Key for Bulls

Price charts show ONDO approaching an area where sellers previously emerged. Resistance levels are important because they can determine whether a rally continues or stalls.

If buyers manage to push the token above this range, market participants may view it as confirmation of improving sentiment. Such a development could encourage additional buying activity from traders seeking trend continuation opportunities.

Market Participants Watch for Breakout Confirmation

The current setup has created significant interest among technical traders. Breakouts are generally considered more reliable when accompanied by strong volume and sustained price movement beyond resistance.

Analysts note that confirmation is often more important than the initial move itself. A brief push above resistance without follow-through can sometimes result in a false breakout and subsequent pullback.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: ONDO Price Forms Symmetrical Triangle as Breakout Toward $0.46 Looms

Filed Under: Altcoin News, Cryptocurrency News

NEAR Price Analysis: Bullish Breakout Signals Recovery Toward $20

By Usman Zafar | Edited By Messam Raza,June 3, 2026, 8:00 PM

NEAR Protocol (NEAR) is showing bullish momentum as price strength improves and a breakout zone is tested as support, though market caution remains due to broader volatility. The NEAR price also reflects a long-term cyclical structure with major resistance zones ahead and is expanding adoption through a new privacy-focused cross-chain payment feature.

At the time of writing, NEAR is trading at $2.67 with a 24-hour trading volume of $1.08 billion and a market capitalization of $3.47 billion. Despite the signs of stability over the last 24 hours, the INJ price structure and network adoption point to a bullish reversal.

NEAR Price Chart

Source: CoinMarketCap

NEAR Price Flips Support, Traders Eye Higher Levels

However, the crypto analyst Michaël van de Poppe revealed that NEAR is showing relative strength despite broader market weakness driven by Bitcoin volatility. 

The NEAR price broke upward, held its gains, and printed a higher high, suggesting bullish structure is forming. The NEAR price is now attempting to flip the breakout zone into support, a key technical signal traders often monitor for continuation setups.

NEAR Price Flips Support, Traders Eye Higher Levels

Source: Michaël van de Poppe’s X Post

However, caution remains as Bitcoin risks further downside, keeping the market fragile. Traders are sizing positions smaller due to macro uncertainty. 

If BTC stabilizes, the NEAR price could extend its momentum and target higher resistance levels, with the $3+ area emerging as a potential upside objective in a more favorable market environment ahead.

Also Read: NEAR Price Eyes $20 as Accumulation Phase Transforms Into Rally

NEAR Cycle Structure Points to a Rally Toward $20

Moreover, another crypto analyst, VERTIX, pointed out that there have been several instances where the NEAR price has exhibited its predictable cycle pattern, whereby powerful protests create hope for a new bull trend but fall short of breaking through the crucial resistance lines at $3, $9, and $20. 

These levels form a pattern that reflects multiple cycles, acting as constant rejection points that guide future growth of the token.

NEAR Cycle Structure Points to a Rally Toward $20

Source: VERTIX’s X Post

The structure is positioned differently now, since there is a pullback toward these levels from the buildup, as opposed to a heated surge that brought prices here before. 

There are three critical levels where the NEAR price can make a breakthrough, at $3.18, $8.94, and $20.55; the highest one has been reached.

NEAR Launches Universal Send for Private Payments

The data from the NEAR Protocol further highlighted that the platform has launched the “Universal Send” feature that enables secure cross-chain payments on its network. 

According to NEAR, users can now transfer any asset to any individual using any blockchain without the wallet actions being disclosed publicly. The objective of the technology is to address inefficiencies involved in cross-cryptocurrency transactions while maintaining transaction privacy.

NEAR Launches Universal Send for Private Payments

Source: NEAR Protocol’s X Post

In essence, it makes a complex bridging and cross-chain route process easy for users through an efficient one-send transaction. 

With such integration of confidentiality and interoperability, Universal Send ensures that NEAR is positioned as a privacy-focused platform set to be adopted by many. This functionality marks a shift towards privacy-first crypto networks.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: NEAR Price Consolidation Hints at Imminent Breakout Toward $2.40

Filed Under: Cryptocurrency News, Altcoin News

NEAR Intents Surpasses $20B in All-Time Cross-Chain Volume

By Amrin Sanjay | Edited By Ammar Raza,June 3, 2026, 7:30 PM

NEAR Intents has crossed $20 billion in cumulative cross-chain transaction volume, marking a significant milestone for the protocol’s growing role in blockchain interoperability.

The latest figures indicate that adoption has accelerated rapidly in recent months, with the second $10 billion in volume being processed much faster than the first.

NEAR Intents Reaches Major Volume Milestone

The $20 billion milestone highlights the increasing use of NEAR Intents as a cross-chain transaction and settlement solution. The protocol allows users to move assets across different blockchain networks without relying on traditional bridge-based processes. As cross-chain activity continues to expand, platforms that simplify transactions are seeing growing adoption.

NEAR Intents reaches major volume milestone
Source: zacodil

Data shared by the project shows that the first $10 billion in cumulative volume was reached over a much longer period. By comparison, the second $10 billion was processed within approximately four months. This faster growth rate suggests increasing user activity and broader utilization of the protocol.

Also Read: NEAR Protocol (NEAR) Price Breakout Signals Trend Reversal Toward $3.42 Zone

Cross-Chain Activity Shows Strong Growth

One of the most notable developments was a recent day in which more than $2 billion in cross-chain swaps were processed. The figure illustrates how transaction volumes have increased compared to earlier periods.

In January, a similar amount represented nearly a full month of activity rather than a single day. The protocol has now facilitated more than 25 million swaps across supported blockchain networks.

Such growth reflects rising demand for services that reduce complexity when moving assets between ecosystems. As decentralized finance expands across multiple chains, efficient interoperability solutions continue to gain importance.

Expanding Asset Support and Network Reach

NEAR Intents currently supports more than 70 digital assets across multiple blockchain ecosystems. This broad asset coverage allows users to execute transactions between chains without navigating multiple applications or services. Accessibility has become a key factor in driving adoption across decentralized platforms.

The protocol’s design focuses on simplifying the user experience while maintaining flexibility across networks. Instead of requiring users to manually manage bridges and transfers, the system aims to streamline asset movement through intent-based execution. This approach has contributed to growing interest among both retail users and developers.

Competition Intensifies in Cross-Chain Infrastructure

The rapid increase in volume places NEAR Intents among the more active cross-chain settlement platforms in the cryptocurrency sector. Interoperability remains a major focus area as blockchain ecosystems continue to expand.

Projects that can efficiently connect separate networks are expected to play an increasingly important role in the broader digital asset market. Industry participants are closely monitoring whether the current growth trend can be sustained over the coming months.

Transaction volume is often viewed as a key indicator of network utility and user engagement. Continued adoption could strengthen the protocol’s position within the evolving cross-chain infrastructure landscape.

Also Read: NEAR Protocol Breaks $2.21 Resistance, Targets $2.60

Filed Under: Altcoin News, Cryptocurrency News

Injective Price Prediction: INJ Shows Breakout to $16 After Consolidation

By Usman Zafar | Edited By Messam Raza,June 3, 2026, 7:00 PM

Injective (INJ) is showing a bullish breakout after consolidation, suggesting a possible trend reversal with strengthening buyer momentum for the Injective price. The broader structure remains positive above key support levels, while the Vulcan upgrade aims to improve infrastructure, liquidity, and real-world asset integration for long-term growth.

At the time of writing, INJ is trading at $6.63 with a 24-hour trading volume of $229.73 million and a market capitalization of $662.91 million. Despite the 2.84% decline over the last 24 hours, the INJ price structure and network upgrade point to a bullish reversal.

Injective price chart

Source: CoinMarketCap

Injective Price Setup Signals Reversal Toward $16

According to the crypto analyst CryptoBoss, Injective is showing a familiar market structure that traders have seen before, where long periods of tight consolidation inside a narrow range tend to precede strong directional moves. 

After compressing within a defined channel, the Injective price has now broken above resistance and is beginning to print higher weekly lows, signaling improving buyer strength.

Injective Price Setup Signals Reversal Toward $16

Source: CryptoBoss’ X Post

The breakout here is carefully being monitored as a potential reversal in momentum of the trend, with its first potential resistance level for the Injective price is in the vicinity of $16. 

The current pattern suggests a quick rebound into bullish momentum, but confirmation will depend on further strength beyond this level along with positive momentum in the overall markets due to the fickleness of crypto.

Also Read: INJ Price Prediction: Bullish Momentum Signals an Explosive Move to $60

RSI and EMAs Point to Strong Bullish Outlook

According to TradingView, the Injective price has continued a strong bullish trajectory since mid-April. It has made higher highs in all its swings after hitting its lowest level of approximately $2.85. 

In addition, the uptrend was rapid, breaking key psychological barriers before hitting its peak of $7.32. Currently, the Injective price is trading near $6.64 following a decline of 4.93%.

RSI and EMAs Point to Strong Bullish Outlook

Source: TradingView

Technical indicators confirm that the bullish trend continues as a brief period of overextension shows up. The Injective price continues trading above all the important EMAs, where the 20 EMA is located at $5.64 as an effective support level. Meanwhile, the 14-day RSI is trading at 69.99, flirting with the overbought region after a quick move higher.

Injective Vulcan Upgrade Targets RWA & Stablecoin Growth

The data from Injective further highlighted that the network has released its proposed Vulcan Mainnet update, which is a vital step towards cementing itself as the foundation of perpetual markets, stablecoins, and tokenized assets from the physical world. 

This upgrade will focus on strengthening infrastructure capabilities, increasing performance, and expanding financial primitives to create a unified trading experience on-chain.

Injective Vulcan Upgrade Targets RWA & Stablecoin Growth

Source: Injective’s X Post

Notable features include an innovative next-generation oracle engine designed to provide faster and more accurate market information, compatibility with USDC to enable smoother liquidity, real-world asset markets, and continuous efforts towards maintaining very low trading fees. 

In summary, all the features mentioned above are expected to help Injective become a high-speed finance layer connecting both worlds.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: INJ Price Prediction: Can It Break Resistance and Surge Toward $22?

Filed Under: Cryptocurrency News, Altcoin News

Dogecoin Consolidation Fits 5-Phase Wyckoff Model

By Amrin Sanjay | Edited By Ammar Raza,June 3, 2026, 6:30 PM

Dogecoin is attracting attention from technical analysts after a chart shared on social media suggested the cryptocurrency may be following the classic five-phase Wyckoff Accumulation model.

The analysis points to a potential Phase C setup, a stage that traders often associate with a final test of support before a possible breakout attempt.

Analyst Highlights Wyckoff Accumulation Structure

The Wyckoff Accumulation model is a widely used technical framework that describes how assets move from periods of selling pressure into potential bullish trends.

The structure is divided into five phases, labeled A through E, each representing different stages of market behavior. Traders use the model to identify whether an asset is transitioning from accumulation into a stronger upward move.

Analyst highlights Wyckoff accumulation structure for Dogecoin
Source: Trader Tardigrade

According to the analyst, Dogecoin’s recent price action resembles this accumulation pattern. The chart identifies several key stages, including preliminary support, a selling climax, an automatic rally, and a prolonged consolidation range. These characteristics are often monitored by traders looking for signs of trend development.

Also Read: Dogecoin Integration Expands Rapidly After the House of Doge Paxos Partnership

Phase C Becomes Focus for Traders

The analysis suggests Dogecoin is currently positioned near Phase C of the Wyckoff structure. This phase is commonly referred to as the “spring,” where price briefly moves below support before recovering back into the trading range. Such movements are interpreted by some analysts as a final shakeout of weak market participants.

If the pattern develops as expected, traders would then look for signs of strength and higher lows that could confirm the next stage of the structure.

However, Phase C remains one of the most challenging periods to identify in real time. Market participants often wait for confirmation rather than relying solely on pattern recognition.

Understanding the Remaining Wyckoff Phases

Following a successful Phase C test, the Wyckoff model enters Phase D. This stage is typically characterized by improving price strength, increasing demand, and attempts to break above established resistance levels.

Traders often monitor trading volume and momentum indicators during this phase for additional confirmation. The final stage, Phase E, represents a markup period where prices move beyond the consolidation range and establish a new trend.

While historical examples show similar developments in various markets, each asset follows its own path and may not complete every phase exactly as expected. Technical analysts therefore treat the model as a guide rather than a guarantee.

Dogecoin Market Sentiment Remains Mixed

Dogecoin continues to be one of the most actively traded meme-based cryptocurrencies, attracting both retail traders and long-term holders.

Market sentiment around the asset often shifts quickly due to broader cryptocurrency trends, social media activity, and investor speculation. These factors can influence price action regardless of technical setups.

As traders assess the current chart structure, attention remains focused on support and resistance levels within Dogecoin’s trading range.

A confirmed breakout above resistance could strengthen the accumulation thesis, while a failure to hold support may challenge it. For now, the asset remains in a consolidation phase as market participants await clearer directional signals.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Dogecoin Holds Near $0.10 as Traders Watch 200 EMA

Filed Under: Dogecoin (DOGE), Altcoin News, Cryptocurrency News, Meme Coins

ApeCoin Price Rebounds from Key Support as Bulls Target $0.278 Resistance

By Usman Zafar | Edited By Messam Raza,June 3, 2026, 6:00 PM

ApeCoin (APE) is rebounding after holding a key support zone, showing renewed buying interest and improving momentum. The ApeCoin price is recovering within a consolidation phase but faces resistance ahead that will determine continuation. Indicators suggest cautious optimism, though derivative activity reflects some trader hesitation.

At the time of writing, APE is trading at $0.1523 with a 24-hour trading volume of $54.96 million and a market capitalization of $152.4 million. Following the 4.09% gain over the last 24 hours, the APE price structure points to a bullish reversal.

Apecoin price chart

Source: CoinMarketCap

ApeCoin Price Bounce Signals a Move to $0.278

Furthermore, the crypto analyst Chiefrat highlighted that the ApeCoin price is showing a constructive rebound after defending the $0.119–$0.123 support zone, an area where buyers stepped in and absorbed selling pressure. 

The bounce suggests renewed accumulation and a short-term shift in momentum toward the upside, as the ApeCoin price action begins recovering from recent lows with improving structure and market stability.

ApeCoin Price Bounce Signals a Move to $0.278

Source: Chiefrat’s X Post

The following hurdle for the ApeCoin price is located at the $0.1917 resistance level, which is a level that can prove whether or not this bounce will be sustainable. 

Any successful breach of this barrier may open the door to the price movement towards the $0.278 area, but until then, the recovery trend is likely to continue.

Also Read: ApeCoin (APE) Approaches Critical Support: Is a Reversal to $5.90 on the Horizon?

Momentum Indicators Point to Improving Sentiment

According to TradingView, there is a definite cycle within the ApeCoin price that culminates in June. The ApeCoin price experienced its lowest price in April of around $0.08500 but made an incredible breakout of the upward movement, reaching a level of $0.28000. 

There was a measured retracement until May at levels above $0.13000, and recently it is rallying back to $0.15150.

Momentum Indicators Point to Improving Sentiment

Source: TradingView

Momentum indicators echo changes in the market’s wind currents. While the MACD indicator rose in tandem with an equally assertive bullish crossover amid the April rally, the ApeCoin price moved to a bearish retracement period in May and is now moving toward a more tranquil position. 

On the other hand, the RSI indicator moved out of the overbought zone above 80 to a current position of 57.76.

APE Derivative Data Point to Cautious Outlook

However, APE trading volume saw an increase of 2.76 percent to reach a total of $77.01 million. The increase indicates a higher level of market participation and more active trading compared to the previous period.

APE Derivative Data Point to Cautious Outlook

Source: Coinglass

The open interest fell by 8.63%, reaching $33.73 million. It indicates that there has been an overall reduction in the number of derivative contracts and the decrease in speculation activities due to the cautiousness and apprehension among traders.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: ApeCoin Downtrend Exhaustion Builds Case For $0.55

Filed Under: Cryptocurrency News, Altcoin News

Tether-Backed Adecoagro Bitcoin Mining Hub Powered by Sugarcane

By Yahya Raza Sherazi | Edited By Ammar Raza,June 3, 2026, 5:30 PM

Adecoagro Bitcoin mining will begin commercial operations in Brazil on July 1, 2026. The Tether-backed agribusiness plans to use sugarcane waste for power under a renewable energy model. The facility in Ivinhema will convert renewable surplus energy into Bitcoin production.

The plan was announced at the Roots of the Future technology summit in Mato Grosso do Sul. The project moves Tether to the center of the business, as it has a 70% stake in Adecoagro. Biomass power based on sugarcane will be used at the facility.

Also Read: Tether Launches GEL₮ Stablecoin With Georgia Government Support

Adecoagro Bitcoin Mining Starts With 10 MW Phase

Adecoagro plans to power itself with electricity from sugarcane residues, rather than only selling power. The company said the model will be used for the guidance of excess renewable power to the mining infrastructure. The facility provides a second commercial value for the agricultural byproducts.

🌱⚡️ Adecoagro, soutenu par Tether, va miner du Bitcoin avec les déchets de canne à sucre.

Adecoagro, dont Tether est devenu un important actionnaire, prévoit de lancer une opération de minage de Bitcoin au Brazil en utilisant l'électricité produite à partir des résidus de canne… pic.twitter.com/5aqbj9WwE4

— Goku 🗞 (@Crypto__Goku) June 3, 2026

The first phase of the Adecoagro bitcoin mining will consume 10 megawatts of electricity in the first phase. Project Manager Matheus Lechuga said the operation will use 1,280 Bitcoin mining machines. He said the data center will be used to test the company’s structure and to put new technological developments to the test.

Lechuga said the project is geared towards Bitcoin mining using clean energy sourced from sugarcane. That approach connects Adecoagro’s agricultural operations with digital asset infrastructure. It also provides the company with another method of dealing with excess power production.

Adecoagro Bitcoin mining is based on an MOU signed in July 2025 between Tether and Adecoagro. The deal referred to sustainable digital infrastructure development in South America. The Brazil facility is a product of that cooperation.

Source: Adecoagro

Adecoagro Uses Biomass Power for Bitcoin Mining

In its regions, Adecoagro owns over 230 megawatts of renewable electricity. A significant part of that is made up of biomass energy. That power base is behind the company’s strategy to integrate sugarcane waste, electricity production, and Bitcoin mining.

Adecoagro Bitcoin mining aligns with Tether’s larger vision of using mining as a means of consuming stranded or unused energy. Tether CEO Paolo Ardoino stated that the venture is helping to promote sustainable Bitcoin mining. He also associated the project with decentralized development of infrastructure.

Adecoagro CEO Mariano Bosch said the project could assist in stabilizing a portion of the surplus energy that is being sold in the spot market. He also said it gives the company balance-sheet exposure to Bitcoin. Adecoagro Bitcoin mining therefore adds a new use for existing renewable power.

The Ivinhema launch gives Adecoagro a direct role in renewable-powered Bitcoin infrastructure. Adecoagro Bitcoin mining may be an example of agribusiness groups converting the power from processing waste for data centers. The first phase will be to test that model in Brazil.

Also Read: Cardano Foundation Signs 3-Year Brazil Olympic Blockchain Deal

Filed Under: Cryptocurrency News

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