XRP Rallies 12% Following Ripple’s Custody Deal With BNY Mellon

Key takeaways: XRP price jumped around 12% after Ripple named BNY Mellon as custodian for its RLUSD stablecoin. Traders are betting on increased XRP utility as RLUSD adoption potentially shifts from Ethereum to XRPL. Bullish chart patterns suggest XRP could rally toward $2.87 or even $3.72, barring a breakdown below $2. XRP (XRP) has surged…

CLARITY Bill Could Allow Tesla And Meta To Evade SEC Rules

Massachusetts Senator Elizabeth Warren is sounding the alarm about how publicly traded companies could essentially bypass US securities laws if a bill to regulate cryptocurrency markets becomes law. In a Wednesday hearing of the Senate Banking Committee to address crypto market structure legislation, ranking member Warren said she would be in favor of digital asset…

Bitcoin’s Ability to Mount Another Parabolic Rally May be Fading: Analyst

Key takeaways: Bitcoin’s long-term uptrend remains strong, but an analyst warns that the four-year cycle may limit another leg up. Analysts believe Bitcoin could move higher past the current all-time highs, with targets between $130,000-$168,000. Bitcoin (BTC) might not have time to mount another parabolic rally this cycle, based on its four-year cycle model, a…

Bitcoin Tries and Fails to Puncture $110,000 Liquidity

Key points: Bitcoin tries and fails to crack $110,000 as overhead liquidity thickens. Traders say that more signs of strength are needed to reignite bull market momentum. Macro cues include next week’s CPI print as a potential volatility date. Bitcoin (BTC) attempted a run on $110,000 around the July 9 Wall Street open as sellers…

Which Tool Spots Crypto Narratives Earlier?

Key takeaways ChatGPT is ideal for comparing protocols, understanding trends and filtering out noise for research-based decisions. X provides real-time sentiment and early signals, making it useful for catching trending narratives before they hit mainstream news. Each tool has risks: ChatGPT can be outdated without live data, while X carries high noise and misinformation risk….

ETH Treasuries Key to Ethereum’s Growth: Ethereum Co-Founder

Ethereum co-founder Joseph Lubin said ETH treasuries are crucial for the development of the Ethereum ecosystem. During an interview with CNBC on Tuesday, Lubin said that a large amount of Ether (ETH) is in circulation, but there is insufficient activity to utilize it. He cited this as the reason he is involved in building the…

SOL Price Toward $300 Next? Solana ETF Approval Chances Near 100%.

Key takeaways: Spot Solana ETF approval odds jump to 99.7% on Polymarket. A SOL price bull flag is in play on the daily chart, targeting $300. Solana’s (SOL) price printed a bull flag pattern on the daily chart, a technical chart formation associated with strong bullish momentum following an upward breakout. Could this technical setup,…

South Korea Proposes Enabling Crypto Firm Benefit Access

South Korea’s Ministry of SMEs and Startups announced Wednesday that it plans to lift restrictions preventing crypto-related businesses from qualifying as venture companies. Currently, firms operating in the “virtual asset” sector are excluded from the government’s venture classification, which limits their access to various tax breaks and financial support. The ministry said the proposed amendment…

SOL Price Toward $300 Next? Solana ETF Approval Chances Near 100%.

Key takeaways: Spot Solana ETF approval odds jump to 99.7% on Polymarket. A SOL price bull flag is in play on the daily chart, targeting $300. Solana’s (SOL) price printed a bull flag pattern on the daily chart, a technical chart formation associated with strong bullish momentum following an upward breakout. Could this technical setup,…

New Zealand Government Want to Ban Crypto ATMs in AML/CFT Regime Overhaul

New Zealand’s government plans to ban crypto ATMs as part of an overhaul of its anti-money laundering and countering the financing of terrorism (AML/CFT) regime. The government wants to target the means criminals use to “convert cash to high-risk assets such as cryptocurrencies,” according to an announcement by Associate Justice Minister Nicole McKee on Wednesday….