XRP may be gearing up for a massive price rally similar to its historic 2017 breakout, according to prominent crypto trader DonAlt, who has nearly 700,000 followers on X. The analyst, known for accurately calling XRPs surge in late 2024, recently hinted that Round 2 could be on the horizon. In late 2017, XRP skyrocketed by over 1200%, reaching an all-time high of $3.40. The rally came after a period of sideways consolidationa pattern DonAlt sees repeating in the current market cycle. XRP has recently broken out and is now undergoing what appears to be a similar consolidation phase, currently...

Ethereum and Cardano have rebounded to price levels last seen 10 days ago, supported by more than just market momentum. According to Santiment, both networks continue to show robust developer activity, signaling long-term strength. Developer engagement is widely viewed as a key metric of a projects health, often preceding future price increases. Ethereum currently ranks 13th in GitHub development activity, with its team actively working on upgrades and Layer-2 scaling solutions. Cardano, meanwhile, holds the 4th spot, reinforcing its image as a research-driven platform with real-world use...

Bitcoin is once again in the spotlight as it approaches a key resistance level that could define its short-term trajectory. Currently trading near $107,400, BTC is consolidating below a descending trendline that has capped gains since its last major rally. The $110,000 to $112,000 range is emerging as a critical resistance zone. A decisive breakout above this area could invalidate the current bearish pattern and trigger a surge toward the highly anticipated $120,000 level. The broader market sentiment remains neutral, with no clear bullish or bearish signals. However, Bitcoin has consistently...

Solana (SOL) continues its upward trajectory despite the absence of a golden cross a classic bullish indicator that occurs when the 50-day moving average crosses above the 200-day moving average. Typically seen as a strong buy signal, this crossover often marks a shift in market sentiment. Yet, SOLs recent performance shows strength even without this technical catalyst, signaling investor confidence and underlying resilience. Currently trading around $147, Solana is holding firm above the crucial $140 support level. Since June, the price has consistently formed higher lows, suggesting a...

OpenAI has publicly denied any involvement in recent tokenized equity offerings listed on Robinhoods European platform. In a statement posted to X, the AI company clarified, These OpenAI tokens are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval we did not approve any transfer. Robinhood recently unveiled tokenized stock trading on the Arbitrum blockchain for its European users, offering access to 200 equities and ETFs, as well as secondary market exposure to high-profile startups like...

A New York bankruptcy court has allowed Celsius to proceed with most of its $4 billion lawsuit against stablecoin issuer Tether, according to a court filing dated June 30. The lawsuit centers on Tethers alleged improper liquidation of nearly 40,000 BTCworth over $4.3 billion at todays pricesthat Celsius had posted as loan collateral in June 2022, shortly before the crypto lender froze customer withdrawals. Celsius alleges that Tether violated contractual obligations by not giving the firm the contractually required 10-hour window to post more collateral. According to Celsius lawyers, the firm...

Ethereum (ETH) surged to $2,601 on July 2, following a 6.49% rally from $2,413 within 24 hours, according to CoinDesk Research. The breakout came after 16 hours of consolidation between $2,380 and $2,460, signaling renewed bullish momentum supported by institutional interest and rising ETF inflows. The rally coincides with a growing narrative around Ethereums role in tokenized finance. On June 30, Robinhood announced it is building Robinhood Chain on Arbitrum, Ethereums leading Layer-2 network, to power the future of asset ownership. The Ethereum Foundation amplified this message, posting:...

The U.S. Securities and Exchange Commission (SEC) is reviewing its recent approval of Grayscales move to convert its Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), according to a letter dated July 1. Originally approved through delegated authoritymeaning SEC staff, not commissioners, signed offthe uplisting of GDLC allowed the $755 million crypto fund to be listed as an ETF. GDLC holds a diversified basket of major digital assets including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), and is benchmarked to CoinDesks CD5 Index. However, under Rule 431...

Solana meme token BONK ($BONK) jumped 9.87% to $0.00001494 on July 2, extending its rally amid renewed investor excitement over a potential 2x leveraged BONK ETF. According to CoinDesk Research, BONK peaked at $0.00001524 after breaking key resistance at $0.0000144 on trading volume exceeding 1.38 trillion tokens. Interest surged following Tuttle Capitals filing of a post-effective amendment on July 1 for its proposed 2x Long BONK ETF. The ETF, first introduced via Form N-1A in January, could become effective as early as July 16, pending regulatory approval. The fund is part of a broader...

JPMorgans blockchain division Kinexys has partnered with SP Global Commodity Insights to explore how blockchain can be used to tokenize carbon credits, aiming to improve transparency, efficiency, and market liquidity in the carbon offset market. Announced Wednesday, the project will test how tokenized carbon creditsdigital representations of emissions reductions from projects like reforestation or renewable energycan be created, tracked, and managed on blockchain networks. These credits are often purchased by companies to offset their carbon emissions and meet sustainability goals. The...