Cryptonews

Picture it: July 3—the world yawns; the birds sing; the SEC, a brooding sentry, suddenly pulls hard on the reins of Grayscale’s GDLC. Just days prior, the same gatekeepers had nodded graciously as the fund—Bitcoin and Ethereum at the helm, yet with a polite tip of the cap to XRP (4.8%) and Solana (2.8%)—was ushered onto the stage of NYSE Arca. The curtain barely twitching before that eternal Rule 431 is invoked, yanking GDLC back behind the scenes for “internal review.” The drama!

On the 1-hour chart, FLOKI/USDT is exhibiting a gradual loss of bullish momentum, rather like a deflated balloon 🎈. After a recent upswing from below $0.0000700 to a peak near $0.0000820, the price began forming lower highs, eventually stabilizing around $0.0000770, marking a 0.96% drop in the last hourly candle 🕰️. This price behavior resembles a rounded top formation, often indicative of diminishing bullish strength and potential short-term reversals 🔄.

Upon the sacred forums of X, CasiTrades, bearing her chart like a sword, offers a vision of XRP alighting briefly at $2.8. This, if the dreaded $2.25 barrier—a veritable existential chasm—should be crossed and, with a touch of the theatrical, re-tested as support. Only then, perhaps, will the market open its gates to the promised land. She utters with confidence befitting a Dostoevskian protagonist: “The flip of $2.25 could be fast!” Oh, how swiftly fate can change—a lesson both marketeers and Russian antiheroes know too well.

BONK surged 21% in a 24-hour period into Thursday and positioned itself as the strongest performer among major cryptocurrencies. It was recently trading at $0.00001673, a 1.68% gain, with price action ranging from $0.00001606 to $0.00001751, a 9.4% intraday swing. That’s more volatility than my morning coffee. ☕

However, the bulls, those stubborn, hopeful creatures, still face several overhead resistances that could determine whether this is a short-term relief rally or the beginning of a more sustained uptrend. It’s like trying to plant a crop in a field where the soil is as hard as a rock, but a man’s got to try, hasn’t he?

Bitcoin, that tempestuous enfant terrible of the financial stage, has suffered a decline of 1.32% in the past 24 hours. One might say it’s simply swooning for dramatic effect, or having a minor existential crisis. Or perhaps it spotted Ethereum in a new frock and simply couldn’t compete. 🥀

The stage is set for a monumental shift in the digital currency landscape. With Republicans at the helm, there’s a sense of urgency, almost as if they’re racing against a digital clock, trying to get this crypto madness figured out before the month’s end. And what’s on the table? A few key bills, of course—fast-tracked like a runaway train. Stablecoins, market structure, and a potential central bank digital currency—who wouldn’t want to be part of this digital revolution, right?

U.S. decacorn Ripple, a leader in enterprise blockchain and crypto solutions, has teamed up with global fintech incubator Tenity to launch a new accelerator program that’s as ambitious as it is necessary. This program is designed to support entrepreneurs who are building on the XRP Ledger (XRPL), and it’s about to change the game. 🎮

The American fintech’s aggressive strategy to cement RLUSD’s position in the stablecoin market could set the stage for a potential breakout in the price of XRP. 🚀📈

Let’s talk about Bitcoin, shall we? The digital currency that’s been making more waves than a rock star at a pool party. Max Keiser, who you may know as the crypto guru with more opinions than a fox has feathers, is suggesting that Bitcoin’s next big leap—$200,000—could very well kickstart a financial revolution of epic proportions.