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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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3️⃣ Drop your answer in the comments
📅 Ends at 04:00 AM, Jun 7 (UTC)
Axie Infinity (AXS) To Rise Further? Key Harmonic Pattern Signals Potential Upside Move
Date: Fri, May 09, 2025 | 04:50 PM GMT The cryptocurrency market continues to build on its recent strength, with Ethereum (ETH) leading the charge. ETH has climbed more than 52% over the past month and is now trading above the $2,300 mark — its highest level in months. This resurgence is also helping lift sentiment across major altcoins, including Axie Infinity (AXS). The gaming token has jumped more than 10% today alone, pushing its monthly gains to an impressive 24%. Even more compelling: a textbook harmonic pattern forming on the daily chart now suggests that a further rally may be on the horizon.
Source: Coinmarketcap Harmonic Pattern Signals More Upside Looking at the daily chart, $AXS is shaping what appears to be a Bullish Gartley harmonic pattern — a technical formation often used to forecast potential price reversals or strong continuation zones. Here's how it breaks down:
Axie Infinity (AXS) Daily Chart/Coinsprobe (Source: Tradingview) The initial drop from point X ($3.64) to point A ($2.10) marked a sharp 42% decline.The AB leg then retraced 39.4% of the XA move — a standard range for Gartley formations.From there, the BC leg dipped again, retracing 75.6% of AB, before reversing upward.Now, the CD leg is in progress, and the price is surging toward the D point, projected near the $3.31 mark — the 78.6% Fibonacci retracement of the XA leg. What's Next for AXS? If this harmonic setup completes successfully, AXS could soon test the $3.31 resistance, which marks a potential 16.5% upside from the current price of $2.84. But that’s not all. A sustained bullish breakout above $3.31 could push AXS even higher — toward the previous swing high of $3.64 (point X). If this level is reached, it would represent a 28% gain from current levels. This $3.31–$3.64 zone is crucial. Harmonic patterns often see a reversal or strong consolidation at the D point, so traders should watch for increased volatility or profit-taking pressure in that range. Disclaimer: This article is for informational purposes only and not financial advice. Always do your own research before making investment decisions in cryptocurrencies.