Day: July 7, 2025

Analyst Predicts XRP Price Will Reach $20-$30 — Elliott Wave Theory Holds The Key

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Crypto expert XForceGlobal has issued a new bullish forecast for the XRP price, predicting that the third-largest cryptocurrency is gearing up for its biggest rally yet. With the Elliott Wave Theory as the key indicator for this move, the analyst believes that XRP could soon see a potential surge between $20 and $30 this bull cycle.  XRP Price Forecasted To Rise To $27 In his video analysis posted on X social media, XForceGlobal predicted that XRP is on the cusp of an explosive breakout to $27. The market expert began…

Europe’s Blockchain Group, UK’s Smarter Web Buy BTC

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Two European companies — France’s The Blockchain Group and the United Kingdom’s Smarter Web Company — have expanded their Bitcoin holdings. In a Monday announcement, The Blockchain Group said it acquired 116 Bitcoin (BTC) for about 10.7 million euros ($12.55 million), and the Smarter Web Company announced the purchase of 226.42 BTC for 17.9 million pounds ($24.34 million). Following its latest purchase, The Blockchain Group’s holdings now total 1,904 BTC, acquired at an average price of $106,000 per coin. The Smarter Web Company’s holdings have reached a total of 1,000…

Lamborghini to Debut Temerario Sports Car in the Metaverse

Luxury car manufacturer Automobili Lamborghini said it will debut its latest sports car in the metaverse. The Temerario and its GT3 counterpart will be available as limited edition digital collectibles in open-world metaverse Wilder World, according to an emailed announcement shared with CryptoX on Monday. The metaverse is a virtual reality world allowing humans to interact with each other, play games and transact, often involving digital version of real-life items. There was a lot of hype around the metaverse during the digital asset bull market of 2021, with Mark Zuckerberg…

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Strategy hits pause on Bitcoin binge after $14b Q2 windfall

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After amassing 2.8% of Bitcoin’s total supply, Strategy takes a brief hiatus, reporting zero BTC acquisitions for the first time in three months. Meanwhile, a $14 billion unrealized gain in Q2 proves the company’s treasury play works. According to a Form 8-K filed with the U.S. Securities and Exchange Commission on July 7, Strategy made no Bitcoin (BTC) purchases between June 30 and July 6, marking its first week without adding to its treasury since early April. The buying freeze comes just as the Tysons Corner, Virginia-based firm reported a…

XRP Price Could Soar 600% as Massive Coinbase Outflows Begin

Key Notes Crypto analysts believe that the XRP price is gaining strength after 32 weeks of consolidation. They anticipate a breakout, with potential targets ranging from $4.60 to as high as $16 if similar historical patterns repeat. A large transfer of 779,321 XRP from Coinbase to a private wallet on July 5 has stirred excitement in the XRP community. Over the past week, the XRP XRP $2.28 24h volatility: 0.7% Market cap: $134.67 B Vol. 24h: $2.33 B price has been hovering between $2.15 and $2.30, signaling a potential breakout…

Russia Creates National Registry to Regulate Crypto Mining

Key Notes Russia has launched a crypto mining registry to reduce illegal activity. The registry is already active and is available in regions with high mining activity. It is expected to make sure miners pay the right tax based on energy usage. The Russian government is tightening oversight of crypto mining by targeting unauthorized operations that consume excessive energy. To combat illegal activity, the government has introduced a national registry for mining equipment to track and identify unlicensed miners. Local reports indicate the registry is already active and has been…

Satoshi-era Bitcoin whale shuffles $8.6 billion, is a dump incoming?

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A Bitcoin wallet holding billions just came back online after more than a decade of silence, and it’s now shifting its assets across fresh addresses. Blockchain intelligence platform Arkham recently spotlighted the re-mergence of a long-dormant Bitcoin whale, which moved roughly $8.6 billion worth of Bitcoin across eight different wallets after 14 years of dormancy. Each of the wallets had originally received BTC between April and May 2011, back when Bitcoin was still trading below $1. The funds were split into various portions and transferred into eight new addresses, where…

Spain’s BBVA Bank Adds Bitcoin and Ethereum Trading Services

Key Notes BBVA recently debuted trading and custody services for Bitcoin (BTC) and Ethereum (ETH). From Switzerland and Turkey, BBVA has further expanded to the EU. The service is compliant with the EU’s Markets in Crypto-Assets (MiCA) regulation. Spanish banking group Banco Bilbao Vizcaya Argentaria (BBVA) recently debuted trading and custody services for Bitcoin BTC $108 625 24h volatility: 0.5% Market cap: $2.16 T Vol. 24h: $21.22 B and Ethereum ETH $2 563 24h volatility: 1.9% Market cap: $309.42 B Vol. 24h: $13.78 B . This service is now…

XLM Traders, Beware! Stellar’s Funding Rate Is Plummeting

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Stellar Lumens hit a critical support level this week at $0.20, putting the token in a precarious spot. At that price, XLM sits 30% below its peak in May and 60% under its 2024 high. Related Reading Based on reports, bears have been piling on, pushing the funding rate into negative territory since early June. If that support gives way, traders warn XLM could slide toward $0.15, a drop of about 35%. Network Activity Up According to Artemis, operations on the Stellar network surged to 197 million in June. Stablecoin…