XRP, ADA, SOL Crash Again as BTC Price Slumps to $61K: Market Watch
SIREN has plummeted by over 35% in the past 24 hours. Many altcoins follow suit.
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The shift in capital towards XRP and Solana ETFs highlights growing investor interest in altcoins, potentially diversifying market dynamics. The post SOL and XRP spot ETFs pull in fresh capital while Bitcoin and Ethereum funds bleed appeared first on Crypto Briefing.
Read full articleSIREN has plummeted by over 35% in the past 24 hours. Many altcoins follow suit.
The shutdown highlights the challenges of sustaining Layer 2 networks without token incentives, impacting future Bitcoin scalability solutions. The post Botanix to wind down Bitcoin Layer 2 network, urges asset withdrawal by July 9 appeared first on Crypto Briefing.
The banking arm of Japanese financial giant SBI Holdings is reportedly launching a crypto rewards program for depositors as part of a broader push to expand its digital assets business. Related Reading: ‘Time For CLARITY Act’: Over 200 Crypto Organizations Push For Senate Vote SBI Shinsei Launches BTC, ETH, XRP Rewards SBI Shinsei Bank, the […]
A 2021 Citibank document that used the phrase “Regulated Internet of Value” sits at the center of a new XRP debate, after researcher Jesse of Apex Crypto Insights argued the wording was later shifted to “Regulated Liability Network” because the link to Ripple was too obvious. Related Reading: Security Milestone: XRP Lending Protocol Completes Military-Grade Assessment He says that paper trail, along with years of weak price action, points to a token that may be held down for reasons that are bigger than ordinary market trading. A Price That Would Not Move XRP’s chart is the first thing Jesse points to. The token reached $3.84 during the 2018 bull run and later touched $3.60 earlier in this cycle, yet it has spent much of the past decade moving sideways while Bitcoin climbed far higher. Jesse called that mismatch hard to explain under a normal market setup and said, in his view, suppression is one possible answer. The claim is not presented as proof. Jesse frames it as his opinion, but
The surge in token launches on Solana via Pump.fun highlights the platform's impact on crypto markets, but low survival rates pose investment risks. The post Nearly 42,000 new tokens launched on Solana in 24 hours, led by Pump.fun appeared first on Crypto Briefing.
Bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value. A Drawdown Not Seen Since 2022 Bitcoin closed out one of its ugliest stretches in years, dropping about 17.3% while ether fell roughly 22%, the largest weekly declines […]
SpaceX S-1 filing and $1.67B digital asset fund outflows signal a liquidity test for Bitcoin as megacap IPOs compete for cash. New equity supply now matters.
Bitcoin has been forming a pattern for years now, and even with the uncertain price movements, this pattern has now finally be completed. This was explained by crypto analyst Bitcoin Teddy on the X social media platform, showing this pattern, how it was formed, and what the implications are for this formation on the Bitcoin price. The Mid-Year Cup And Handle Pattern That Was Years In The Making In the post, the crypto analyst pointed out that the Bitcoin price has completed a Cup and Handle pattern formation. Unlike some Cup And Handle patterns that are formed in a relatively short time, the analyst says this one has actually been forming for years, and now it’s finally ready to play out. Related Reading: Dogecoin Could Rally 300x And Cross $20, Analyst Claims This pattern was completed with the most recent Bitcoin retest of the $60,000 support. This support was broken briefly, but the price quickly recovered. What this suggests is the formation of the handle part of the pattern after