XRP price retreats from multimonth highs as overhead resistance from the $3 psychological level remains the most important barrier for the bulls.
Cryptocurrency News
Here’s why the stock and crypto markets rose after the US inflation data [btcmanager]
The stock and crypto markets drifted upwards on Tuesday, July 5, after the U.S. published mixed consumer inflation data. Futures tied to the Nasdaq 100 and S&P 500 rose by 160 and 30 points, respectively. Bitcoin (BTC) pared back some…
MiCA a blessing in disguise for EU crypto investors and exchanges [cointelegraph]
The EU’s MiCA regulation surprised some doubters as major crypto exchanges lined up to get licenses.
James Wynn returns with $19M leveraged Bitcoin long, $100K PEPE bet [cointelegraph]
Wynn previously claimed that his leveraged positions were deliberately “hunted” by crypto market makers looking to sink Bitcoin’s price below his liquidation threshold.
Is the crypto bull run over? Here’s why Bitcoin and altcoins are going down [btcmanager]
Bitcoin and most altcoins pulled back on Tuesday, raising concerns among investors about whether the crypto bull run is over. Bitcoin (BTC) plunged from Monday’s high of $123,200 to $116,600, while the market capitalization of all coins fell by over…
Ripple confirms intention to pursue MiCA license for EU expansion [cointelegraph]
Ripple told Cointelegraph it will apply for a MiCA license to expand its crypto and stablecoin operations across the European Economic Area.
Sui eyes $4 breakout as TVL climbs back above $2 billion [btcmanager]
Sui is showing signs of strength again, both on-chain and on the charts. After months of quiet consolidation, the Layer 1 blockchain is back above the $2 billion mark in total value locked, while its native token SUI is climbing…
Grvt Strategies opens hedge-fund style investing to the blockchain public [btcmanager]
Grvt launched a trading platform that wants to make sophisticated trading strategies accessible to all traders.
1INCH price surges 75% in a week as 1inch Swap DEX hits $700B volume [btcmanager]
1INCH price has rallied to $0.39 after breaking extended consolidation, boosted by the $700B milestone in DEX volume. However, bearish RSI divergence raises risk of breaking the established uptrend structure if the price falls below the $0.30 support. 1inch (1INCH)…
Function raises $10M seed round led by Galaxy to launch first fully reserved, composable Bitcoin yield product [btcmanager]
Crypto infrastructure firm Function has secured $10 million in seed funding to scale FBTC, its fully reserved Bitcoin product, amid rising demand for BTC-based yield solutions. Crypto infrastructure firm Function, previously known as Ignition, has successfully raised $10 million in…