Cryptonews

Monero, with its enigmatic charm, has been oscillating within a broad high time frame range, a dance that has captivated the hearts of many traders. The price, like a character in a Dostoevsky novel, is caught between the value area low and the value area high, a struggle that is as much a part of its essence as the very air it breathes. Currently, it is testing major resistance, a point that aligns with the 0.618 Fibonacci retracement, a level historically known for its ability to trigger rejections and short-term corrections. A pullback from this region, should it occur, could offer a high-probability setup near $269, a support zone rich with technical confluence. 📈

The iShares Ethereum Trust, operated by BlackRock subsidiary iShares Delaware Trust Sponsor LLC, currently holds ETH in custody with Coinbase Custody Trust, while BNY manages its cash assets. It’s like a digital treasure chest guarded by a very tech-savvy dragon. 🐉

After months of congressional debate over the controversial CBDC ban, lawmakers removed the disputed section from the crypto bills. They are now discussing the revised bills as an amendment to the must-pass National Defense Authorization Act (NDAA). Because, you know, what better way to defend the nation than by arguing about digital dollars?

This is a major shift in institutional crypto strategy, which means the bigwigs are finally realizing that digital assets can be more than just a fad. 💸💸💸

Fintech is positively thriving, and who better to lead this flamboyant charge than Ripple? In a delightful new report, we find that this tech-savvy ensemble has snagged a well-deserved spot amongst the top fintech companies in the world. Bravo! 👏

In a record nine-hour vote on July 16, the U.S. House of Representatives moved forward on three significant pieces of cryptocurrency legislation, restoring momentum for federal crypto regulation after an initial breakdown a day earlier. The advancement came after intense intra-party negotiations, reflecting both the stakes and division surrounding digital asset oversight.

Reports have surfaced, claiming that the United States government has sold the majority of its Bitcoin holdings. Cue the panic across the crypto industry! 😱

In the flamboyant bazaar that was last Thursday, July 17, our beloved CRV pranced about with a 25% price increase, gallantly trading at $1. But wait, there’s more! The trading volumes doubled, reaching a staggering $860 million, which surely sent ripples of excitement through the retail crowd. It appears they’ve finally awakened from their slumber, perhaps lured by the scent of profitability wafting through the air. 📈✨

A Tale of CONTENTION

Per the grapevine, or, more accurately, Whale Alert, a trusty on-chain oracle chronicling the escapades of giant crypto transactions, this delightful transfer is pegged at a cool $52.8 million. 🎩 What’s the kicker? It emerged from the obscurity of an unknown wallet, like a magician’s rabbit showing up in a regulatory compliance meeting!