Cryptonews

While the institutions and whales accumulate, the small traders are being liquidated during the rally. How ironic, is it not?

He added that the banks face an “unprecedented challenge,” in that they cannot print Bitcoin to defend their currency, which creates a “policy trilemma.”

XRP is trading at $2.42, holding above key support at $2.34, with traders targeting a move to $2.65 — the upper limit of a range held since December 2024. Analysts cite bullish patterns like a symmetrical triangle and bull flag, supported by whale accumulation and rising open interest. A breakout could send XRP toward $4–$6. Meanwhile, Ripple’s RLUSD stablecoin has surpassed $500M market cap, boosting sentiment and adoption across major platforms. 🐳💰

The news, like a clarion call, was announced to the world via a press release on Business Wire, on the ninth day of July. Portal, that ingenious provider of embedded stablecoin payment tools, shall become a wholly owned subsidiary of the Monad Foundation. This acquisition, akin to a master key, unlocks the doors to Portal’s payment rails and stablecoin settlement infrastructure, which, like a mighty river, powers millions of dollars in daily onchain volume.

Ether has closed above $2,700 for the first time in a month – a feat worthy of celebration 🎉.

Despite fears of market crashes, wars, and negative news, data from charts, on-chain activity, and macroeconomic trends have pointed to a continued uptrend. Many have been expecting this breakout for months, and Bitcoin’s next major target could be around $120,000. 🤑

According to the esteemed analyst Mr. Brownstone, Cardano has just logged its first-ever weekly golden cross, with the 50-week moving average climbing above the 200-week line. This is a momentous occasion, indeed!

Dogecoin price forecast | Source: TradingView

In a rather amusing tirade on the ever-irreverent platform X, the institutional DeFi solutions provider Sentora—previously known as the delightful IntoTheBlock—has regaled us with their latest findings from the infamous Correlation Matrix. One might wonder, what *is* this Matrix? Think of it as a matchmaking service for our beloved cryptocurrencies and traditional markets!

Crypto market expert, Tehi Thomas, in a recent TradingView post, suggested that Bitcoin’s current structure may be entering its final corrective phase. The analyst points to a potential price crash below the $107,000 level as part of a strategic play by smart money.