Category: Other Crypto News

Analysts Eye $27 XRP Price as ETF Approval Odds Jump to 98%.

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Key takeaway: XRP (XRP) recouped losses made between Wednesday and Friday and hovered around $2.26, up 9.7% from its local low of $2.06. Analysts said the altcoin may rally into double-digits amid increasing optimism of a possible spot XRP ETF approval in 2025.  Approval odds for an XRP ETF jump to 98% The likelihood of the US Securities and Exchange Commission (SEC) approving a spot XRP exchange-traded fund (ETF) in 2025 jumped to 98% on Tuesday, according to Polymarket data. XRP ETF approval odds on Polymarket. Source: Polymarket Multiple spot…

Choose Non-Custodial Best Wallet Instead

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Coinbase CEO Brian Armstrong has acknowledged that the unexpected freezing of user accounts has been a major issue for the cryptocurrency exchange. In a recent announcement on X, Armstrong stated that the company has successfully reduced…

Dogecoin Is Going To $1 With The ‘Next Impulse’, Analyst Predicts

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Maelius (@MaeliusCrypto) has published a fresh weekly chart of DOGE/USDT from Binance and—despite the meme-coin’s recent pull-back—sees the groundwork for a textbook Elliott-wave extension that could catapult prices toward the psychological $1.00 mark. Can Dogecoin Hit…

Kenya’s Crypto Tax Could Hinder Africa’s Digital Growth Opportunity.

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Opinion by: Chebet Kipingor, business operations manager at Busha As Kenya pushes forward with a revised 1.5% crypto transaction tax, it risks losing more than revenue — it could forfeit its regional fintech leadership, drive startups across borders, and fracture Africa’s digital economy before it can unify. Parliament is debating implementing the Digital Asset Tax (DAT) on every cryptocurrency transaction. While the intention to broaden the tax base is valid, the policy’s current form could deliver unintended consequences for Kenya and financial inclusion efforts across the continent. With over 450…

Ether ETPs Post $296M in Best Week Since Trump Election

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Ether-based investment products led inflows among cryptocurrency-based investment products last week, despite an overall slowdown in investor activity as markets await clarity from the US Federal Reserve. Ether (ETH) exchange-traded products (ETPs) received $296 million of inflows last week, marking their best week since the 2024 election of US President Donald Trump, according to a June 9 report from CoinShares. Ether-based investment products now make up over 10.5% of the total assets under management (AUM) of all crypto-based ETPs. This marks the seventh consecutive week of inflows for Ether ETPs…

Bitcoin Price Volatility Looms Ahead of CPI Data, but BTC $140K Rally Possible.

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Key takeaways: Bitcoin price may dip toward the $100,000-$104,000 range before new highs. CPI data on June 11 could trigger volatility, with higher inflation hurting Bitcoin. BTC is forming bullish cup-and-handle and bull flag patterns targeting $140,000. After last week’s volatility fueled by the Trump-Musk public breakup, Bitcoin (BTC) price has established a range between $103,800 and $106,900 over the last three days. With BTC failing to demonstrate a clear directional bias in the daily time frame, analysts said the price may dip lower before reaching new all-time highs. Will…

Ignore The Trump–Musk Noise: Bitcoin’s Backbone Stays Solid

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A sudden slide in Bitcoin’s dollar value rattled traders this week after US President Donald Trump and Elon Musk tangled in public comments. The drop was sharp, and it raised questions about whether BTC can keep its upward momentum. According to market data, prices dipped quickly before finding a floor, leaving some investors on edge while others looked to on-chain figures for clues. Exchange Reserves Slip Based on reports from CryptoQuant, the amount of Bitcoin held on centralized exchanges fell from 2,435,600 BTC to 2,365,400 BTC over seven days. That’s…

MapleStory Activity Drives Avalanche Past 1 Million Daily Transactions

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The Avalanche blockchain surpassed one million daily transactions twice in the span of a week, which is the first time the network hit this milestone since February 2024. Avalanche transactions topped the mark on June 1 and again on June 7. Total transactions for the week beginning June 2 reached 5.8 million, also the highest weekly total since early 2024 spikes, according to data from blockchain analytics platform Nansen. The spike in activity is largely driven by MapleStory Universe, Avalanche noted on X. MapleStory Universe is a Web3 gaming ecosystem…

Illegal Mining and Policy Gaps Stall Malaysia’s Crypto Growth

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Rampant electricity theft by illegal miners, inconsistent policies and a lack of legal clarity may deter Malaysia from tapping the potential of cryptocurrency mining, according to an industry report released by the Access Blockchain Association of Malaysia. Despite Malaysia’s strategic location, growing tech ecosystem and expertise in Shariah-compliant finance, the report suggests the country must iron out several internal factors to tap into the crypto mining revenue. A parallel economy of illegal miners Malaysian multinational electricity company Tenaga Nasional Berhad (TNB) lost 441.6 million Malaysian ringgit ($104.2 million) to electricity…

XRP Bull Trap? Analyst Sees $2.40 Fakeout Before Painful Crash

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Pseudonymous analyst CryptoInsightUK has warned that the next major move for XRP could be a trap. In a video published on June 8, the analyst outlined a scenario where XRP surges toward $2.30–$2.40 in the short…