Key Notes Glassnode data reveals addresses holding 10,000–100,000 XRP have steadily increased their holdings to over 7 billion XRP, up from 6 billion a year ago. XRP’s rally followed a rebound at the $1.82–$1.92 support zone, defined by its 50-week EMA and the lower trendline of a descending triangle. Investor confidence is strengthened by a 90% chance of SEC approval for a spot XRP ETF. Ripple’s native crypto XRP XRP $2.19 24h volatility: 8.1% Market cap: $128.92 B Vol. 24h: $4.43 B has outperformed the rest of the altcoins market…
Tag: Rally
Bitcoin Price Turns Higher — Relief Rally Follows Reduction In Global Risk
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. Bitcoin price started a fresh increase from the $98,250 zone. BTC is now consolidating and might aim for a move above the $106,500 resistance. Bitcoin started a fresh increase above the $102,000 zone. The price is…
Hype 300% Rally Shows Hyperliquid Growth Is It Overvalued?
Key takeaways: HYPE has surged over 300% since April, driven by growing usage of the Hyperliquid exchange and rising investor interest. Hyperliquid now leads the decentralized perpetuals market, processing over 70% of DEX perp volume. 97% of protocol fee revenue is reinvested into HYPE buybacks, aligning token incentives with platform growth. Hyperliquid is having a moment. Since its local bottom in April, HYPE (HYPE) has surged over 300% in just two months, reaching an all-time high on Tuesday before easing slightly. Meanwhile, the layer-1 blockchain it powers has quietly become…
Whales Dump AAVE — Where Is the Altcoin Rally?
Key Notes Two whales recently dumped over $5.5 million worth of AAVE, fueling the downturn. AAVE’s market cap dropped by nearly $900 million over the past week. Analyst forecasts a +168% breakout if its long-term wedge pattern plays out. AAVE $231.0 24h volatility: 1.1% Market cap: $3.50 B Vol. 24h: $581.68 M has seen a sharp 20% price drop over the past week, currently trading near $232.6. The downturn has wiped nearly $900 million off its market cap, which now stands at around $3.52 billion. The sudden sell-off has been…
Why is APT Up 5% amid Market Crash, 150% Rally Ahead?
Key Notes APT surged 5% amid a market-wide crash after being shortlisted for Wyoming’s state-backed stablecoin pilot program. Technical breakout from a descending triangle hints at a potential 100–150% rally toward the $10–$11 range. New partnerships with Flipster and Chainalysis strengthen Aptos’ ecosystem, security, and global adoption. While Bitcoin and Ethereum nurse losses amid a broader crypto market downturn, Aptos (APT) has outperformed, surging over 5.2% in the past 24 hours. According to CoinMarketCap data, its trading volume spiked a remarkable 150%, reaching $214 million. The Catalyst: Wyoming’s Stablecoin Pilot…
BNB Price Breakout Could Trigger ATH Rally Repeat – $730 Next?
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. Amid the market performance, BNB is attempting to reclaim the $650 level. Some analysts believe that a breakout toward the $700 barrier might occur next, which could lead to a bigger move to new highs. Related…
Surprise Fed statement sparks hopes of Bitcoin and altcoin rally
Bitcoin and altcoins may be on the verge of a bullish breakout following a surprising statement from a senior Federal Reserve official. In a statement, Federal Reserve Governor Christopher Waller said the central bank could slash interest rates as early as its July meeting. He cited a slowing economy and noted that the impact of tariffs on inflation would be muted and short-lived. Waller also said he believes the Fed’s benchmark rate is currently about 1.25% to 1.50% above the estimated neutral rate. He said: “I think we’ve got room…
relief rally or true trend reversal?
Price action in OKB turned ballistic, blasting through the $54 level with volume to match. Behind the move? Whale wallets, OKX’s expansion, and a technical breakout that shattered weeks of stagnation. Traders are now eyeing the next pivot: pullback or liftoff? OKB (OKB), the utility token of the OKX exchange, surged during the Asian trading session on June 19, climbing from a daily low of $47.61 to a high of $54.66 before easing to around $52.64 at press time. The 13% rally came with a 406% spike in 24-hour trading…
Donald Trump Backs GENIUS Stablecoin Bill, Crypto Stocks Rally
Key Notes The stablecoin bill is seen as a pivotal step for the US crypto industry, with Treasury Secretary Scott Bessent emphasizing its potential to bolster dollar supremacy. Shares of Coinbase and Circle surged 16% and 33%, respectively, on June 18, reflecting optimism about the GENIUS Act. The GENIUS Act proposes a regulatory framework for dollar-pegged stablecoins, including 1:1 reserve backing, federal or state licensing, etc. . US President Donald Trump urged the House to pass the GENIUS Stablecoin Act as soon as possible so that he can sign it…
SOL Price Falls But ETF Approval, DApps Could Spark Rally
Key takeaways: SOL (SOL), the native cryptocurrency of Solana, faced a strong rejection at the $158 level on Monday. The subsequent drop to $143 by Wednesday marked a 14% loss over seven days. Traders now worry that the chances of reclaiming the $200 level have diminished, as demand for leveraged SOL positions surged amid the recent price weakness. SOL futures aggregate open interest, SOL. Source: CoinGlass As of Wednesday, open interest on SOL futures reached 45.7 million SOL, a 19% increase from the previous month. While every long (buyer) is…