Tesla shares slumped nearly 5% in after-hours trading as it reported mixed results in the June quarter, caused mainly by a slump in automotive revenue. Its Bitcoin holdings remained unchanged, but the company reported its value had exceeded $1.2 billion as the crypto market rallied. It also opened a new retro-themed diner in West Hollywood to some fanfare. Tesla is one of the bellwethers for the broader tech sector, and is part of Big Tech’s “Magnificent 7,” which can offer clues to the appetite for high-risk and reward assets. Tesla…
Day: July 24, 2025
DOGE Price Plummets 12% as Altcoins Tumble — Here’s Why
Key Notes Dogecoin price has plummeted to $0.24, marking a sharp dip from $0.26. Though the altcoin had benefited from broader market recovery, the recent plunge is attributed to macroeconomic concerns. Ali Martinez believes that DOGE may still pull a stunning recovery to attain $0.33 and $0.40. From $0.26, canine-themed meme coin Dogecoin DOGE $0.24 24h volatility: 6.7% Market cap: $35.90 B Vol. 24h: $17.60 B has seen its price plummet to $0.24. This sharp dip, which represents about 11% of the coin’s initial value, happened during the trading session…
Ethereum Is Repeating The Same Trend That Led To A 5,000% Breakout In 2017
After hitting above $3,800, the Ethereum price seems well on track for the next phase of the cycle. The ongoing trend has been closely mirroring what was seen back in 2016-2017 before the surge that sent the altcoin’s price to new all-time highs. This remains a major deal given that if the trend does play out similarly to what was seen in the 2017 cycle, then it means that the Ethereum price rally is only just beginning. Ethereum Price Mirrors Bullish 2017 Back in 2017, before the bull market, the…
Chainlink Whales Buying Strong as TVS Nears ATH Zone
Key Notes Chainlink whales have been making big moves over the past two weeks. LINK could target the $30 mark if the retail catalyst triggers upward momentum. Chainlink TVS is getting close to its 2021 all-time high. Multiple indicators hint at an incoming bullish momentum for Chainlink LINK $17.74 24h volatility: 6.3% Market cap: $12.03 B Vol. 24h: $1.07 B after its major correction. LINK dropped 9% in 24 hours and is currently trading at $17.63. Its market cap is just below the $12 billion mark, making it the 14th-largest…
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Ripple Execs Sell XRP After $20M US Treasury Allocation
Key Notes Ripple co-founder transfers 50M XRP, sparking debate on network decentralization. Nature’s Miracle announces plans to adopt XRP as a core treasury asset. XRP holds above $3 as the market eyes a potential rally. . The XRP XRP $3.10 24h volatility: 9.9% Market cap: $183.80 B Vol. 24h: $14.86 B community is raising eyebrows as a wallet linked to Ripple co-founder Chris Larsen moved 50 million XRP, worth around $175 million, across four addresses in the past week. Blockchain data shared by crypto investigator ZachXBT shows that around $140…
Western Union CEO Embraces Stablecoins as a Path to Innovation and Efficiency
Western Union CEO Devin McGranahan stated in a recent interview that stablecoins should be viewed as an opportunity rather than a threat to the company’s business model. He emphasized that stablecoins can facilitate faster and cheaper cross-border transactions, benefiting both the company and its customers. McGranahan told Bloomberg that while stablecoins cannot be directly spent […] Source CryptoX Portal
Dogecoin Retests Crucial Support Following 8.6% Drop – Here Are The Levels To Watch
Dogecoin (DOGE) has retraced alongside the rest of the market to retest a crucial level as support. Some analysts suggest that holding its current price range would set the stage for reclaiming the next key area. Dogecoin Retests Breakout Levels On Wednesday, Dogecoin momentum saw a momentary pause as Bitcoin and most of the market’s rally slowed down. The leading memecoin has recorded a massive run over the past week, increasing over 25% in the last seven days. At the start of the month, DOGE recovered from the June pullback…
Ripple Co-Founder Moves $175M XRP, Draws Criticism Over Timing
A wallet tied to Ripple co-founder Chris Larsen moved 50 million XRP, worth around $175 million, between July 17 and Wednesday, sparking backlash from the crypto community amid a pullback in XRP’s price. Blockchain sleuth ZachXBT flagged the transactions in a Thursday post on X, noting that roughly $140 million of the XRP (XRP) was sent to centralized exchanges or services. The transfers to exchanges are usually interpreted as an intent to cash out. “Wallets linked to Chris Larsen still hold over 2.81 billion XRP (worth $8.4 billion),” ZachXBT noted,…
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