XRP is showing strong upward momentum, gaining 1.84% in the past 24 hours to trade around $2.26, as it nears a key resistance level that could determine its next major move. According to on-chain analyst Ali, XRP is approaching the critical $2.33 markclose to its 200-day simple moving average. A breakout above this level could propel the token to $2.60, with further potential to reach $3 if bullish sentiment continues. Ali emphasized on social media that surpassing $2.33 would be a bullish confirmation, signaling a new phase of upward momentum. The $2 level remains a crucial support zone in...

Cardano (ADA) has traded between $0.529 and $0.611 after hitting a low of $0.51 on June 22. The altcoin is currently in a consolidation phase, with traders closely watching the $0.54 levela zone many see as critical support. According to on-chain analyst Ali, a dip to $0.54 could present a strong buying opportunity. This price point is considered an accumulation zone where demand could spike, potentially leading to a rebound. ADA has already bounced off the $0.54 level recently, rallying to $0.611 on July 3 before facing resistance. At the time of writing, Cardano is trading at $0.585, up...

Michael Saylor, founder of Strategy (formerly MicroStrategy), has once again issued a bullish outlook for Bitcoin. In a recent post on X, he shared a chart with strong buy signals extending into July, suggesting continued upward momentum for BTC. Saylor, a long-time Bitcoin advocate, also reaffirmed his belief that the iShares Bitcoin Trust ETF (IBIT) is set to become the most profitable ETF under BlackRocks management. Supporting this view, data shared by analyst Matthew Sigel revealed that BlackRocks Bitcoin ETF has already surpassed its flagship SP 500 fund in revenue generation. This...

Changpeng Zhao, former CEO of Binance, has expressed interest in launching a UAE Golden Visa initiative for BNB token holders. Inspired by a similar offer from the TON Foundation, the potential Binance program could allow users to obtain a 10-year UAE residency visa by staking crypto assets. While details are yet to be finalized, the proposal would mirror the TON Foundations model, which grants long-term UAE residency to those who stake $100,000 worth of TON for three years and pay a $35,000 processing fee. The UAE Golden Visa offers significant perks, including the ability to live, work, and...

Major cryptocurrencies rallied Sunday after U.S. Treasury Secretary Scott Bessent hinted that multiple trade deals are close to completion ahead of the July 9 Liberation Day tariff deadline. Bitcoin (BTC) briefly surpassed $109,000 with a 1% gain, while Ethereum (ETH) rose 1.5% to $2,550. XRP and Solana (SOL) each gained over 2%, and meme coin Dogecoin (DOGE) jumped 3%, according to CoinDesk. In a CNN interview, Bessent confirmed that the U.S. will finalize new trade agreements before July 9, warning that higher tariffsannounced on April 2will resume August 1 if deals arent reached. He noted...

Toncoin (TON), the native cryptocurrency of The Open Network (TON) and closely tied to Telegram, saw a sharp price rally after the UAE unveiled a groundbreaking crypto-immigration deal. Investors who commit $100,000 worth of TON over three years are now eligible for a 10-year UAE golden visa. The program, launched in partnership with Telegrams TON ecosystem, allows investors to retain full custody of their crypto assets while earning an annual yield of 34% through staking via smart contracts. Unlike traditional visa programs, applicants stake their TON tokens without handing them over to a...

Cardano founder Charles Hoskinson has estimated that Satoshi Nakamoto, the anonymous creator of Bitcoin, likely spent under $3,700 on electricity to mine 1 million BTC during the cryptocurrencys earliest days. According to Hoskinson, Bitcoin was mined between 2009 and 2010 when the network had extremely low difficulty, negligible competition, and mining was done using CPUs rather than specialized hardware. Hoskinson outlined three scenarios to calculate electricity costs based on variables like power consumption, machine count, duty cycle, and regional electricity prices. The most minimal...

Dogecoin (DOGE), the worlds leading meme coin, may be preparing for a major breakout, according to popular crypto analyst Ali Martinez. DOGE is currently trading within a tight range of $0.15 to $0.18, but it continues to hold above a crucial support level that has acted as a price floor since late 2023. This level coincides with a long-term ascending trend line, suggesting steady accumulation despite broader market fatigue. Analysts point out that if DOGE manages to sustain above $0.15, the likelihood of an upward move increases significantly. A potential breakout could push the price as...

Bitcoin (BTC) appeared ready to break out toward the highly anticipated $120,000 target after steadily rising and finally breaching a descending trendline that had limited gains since April. However, the bullish momentum was short-lived. Sellers quickly pushed BTC back below the breakout level, closing under the critical trendline and signaling a failed attempt at sustained upside. This rejection, clearly visible on the daily chart, is more than a minor pullback. While trendline retests are common in technical setups, the failure to hold above resistance and the drop in trading volume...

Ethereum (ETH) is showing renewed signs of strength, positioning itself for a potential breakout toward the critical $3,000 level. Over the past few weeks, ETH has formed a tight consolidation range above the key $2,400 support zone, backed by the convergence of the 50-day and 100-day moving averages. This area has consistently acted as a base for upward moves, and the recent price action suggests that bulls are regaining control. ETH recently reclaimed the $2,500 level with a strong daily close, supported by increasing trading volume. This uptick in volume indicates new capital is entering...