XRP is testing the resistance at $2.3. Will it break? Key Support levels: $2 Key Resistance levels: $2.3, $2.6, $3 1. Key Resistance Under Pressure Yesterday, buyers pushed XRP to the key resistance at $2.3, but sellers returned to stop a breakout. At the time of this post, the price is in a pullback. Nevertheless, this is a positive sign that shows buyers are returning. If this bullish momentum intensifies, then $2.3 could fall and be followed by a test of $2.6 next. Chart by TradingView 2. Optimism Returns With the price keen on making higher highs, optimism is returning to this cryptocurrency. This can be seen on the volume profile where buyers have dominated in the last few days. A break above $2.3 will likely see the volume spike and allow further price expansion into new highs. Chart by TradingView 3. MACD Turning Bullish After the daily MACD turned positive last week, the 2-day MACD has also turned bullish today. This shows that the buy momentum is slowly creeping into higher timeframes which will build confidence in the price action and attract more buyers. With a positive feedback loop in action, XRP has a good shot at $2.6 or even higher in July. Chart by TradingView The post 3 Things to Watch in Ripple’s (XRP) Price Today appeared first on CryptoPotato .
Bitcoin (BTC) is increasingly being projected to reach the $200,000 mark by the end of 2025, a forecast gaining traction among analysts as key profit metrics enter a “cautiously optimistic” zone. Currently trading around $107,000, Bitcoin’s recent performance and on-chain data suggest significant bullish momentum, albeit with an underlying awareness of potential short-term volatility due … Continue reading "Bitcoin Eyes $200K Target as Profit Metrics Signal Cautious Optimism" The post Bitcoin Eyes $200K Target as Profit Metrics Signal Cautious Optimism appeared first on Cryptoknowmics-Crypto News and Media Platform .
Traditional finance continues to pour capital into crypto, with Fidelity’s Ethereum ETF (FETH) recording a $25.7 million daily inflow on June 30, according to data from Farside Investors. The purchase of 10,283.08 ETH follows a $28.9 million purchase on June 27, meaning Fidelity’s Ethereum ETF has received $1.69 billion in net inflows so far across its spot ETF product. Ethereum ETF inflows. Source: Farside Investors Institutional momentum builds These back-to-back inflows mark one of Fidelity’s most aggressive accumulation streaks to date. While flows into crypto ETFs can be volatile, two large purchases in less than 72 hours is seen by analysts as a strong signal of institutional conviction. BlackRock also joined the buying spree, adding $6.1 million to its ETHA ETF on June 30, after purchasing $48.1 million on June 27, BlackRock’s ETH ETF has attracted $5.52 billion in inflows since launch, the largest among all Ethereum ETF issuers so far. Crypto market implications Large inflows from asset managers like Fidelity and BlackRock typically precede increased spot buying activity, which can help fuel upward price pressure on Ethereum due to improved liquidity, investor confidence, and deeper price discovery. Ethereum is currently trading at $2,457, up 1.8% over the past week, according to Finbold crypto market data . While short-term volatility remains, analysts believe persistent institutional flows can create a more resilient price floor. The post Fidelity just bought over $25 million of this crypto appeared first on Finbold .
The post No Bitcoin for Connecticut: State Bans Investment and Reserves in New Law appeared first on Coinpedia Fintech News Connecticut Governor Ned Lamont has signed House Bill 7082 into law, officially regulating the “ Bitcoin Reserve Ban” in the state. Now, Connecticut is prohibited from accepting, holding, or investing in digital assets. This marks a contrast from the US trend in the evolution of virtual digital currency. Connecticut Officially Bans Bitcoin Reserve The legislation titled “An Act Concerning the Prohibition of State Government Entities from Holding or Investing in Cryptocurrencies ” was initially introduced in response to growing concerns regarding volatilities and uncertainties in digital currencies in February 2025 before finalizing the enactment on June 30. The enactment provides clarity that the state prioritizes risk mitigation and consumer protection over speculative investment. Legislation on the Prohibition of Cryptocurrency Settling the long-standing debate, Connecticut finalizes the ban on cryptocurrency and other virtual currencies to prevent the state from associated risks. The law ensures that Connecticut remains protected from the threats associated with the digital assets market. “Neither the state nor any political subdivision of the state shall (1) accept or require payment in the form of virtual currency for an amount due to the state or the political subdivision, or (2) purchase, hold, invest in or establish a reserve of virtual currency,” HB 7082 reads . [post_titles_links postid=”477237″] Key Highlights of Crypto Ban Legislation It introduces comprehensive consumer protection measures, ensuring that businesses engaging in virtual asset transactions disclose potential risks. Provisions aimed at enhancing transparency and security in virtual currency transactions. Crypto businesses must disclose critical risks– irreversibility of transactions, absence of government insurance, and potential for unrecoverable losses. Introduced new daily transaction limits for virtual currency kiosk – $2,000 for new customers and $5,000 for existing ones. Virtual currency kiosk operators face stricter regulations– provide live customer support and employ a full-time compliance officer to oversee adherence. The enactment sets Connecticut apart from other US states like Texas , Arizona , and New Hampshire , which continue to adopt digital currency reserves. As the bill contrasts with the majority of US states, it has been met with mixed reactions from industry experts and policymakers. Some argue that the bill is crucial for precautions, while others say it stifles innovation in the nation. [article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”News” category_id=”6″] FAQs How does Connecticut’s crypto ban compare to other states’ approaches to digital assets? Connecticut’s ban on state entities holding or investing in crypto contrasts sharply with states like Texas, Arizona, and New Hampshire, which are moving to establish digital asset reserves. This highlights a growing divergence in state-level approaches, with Connecticut prioritizing risk aversion while others embrace crypto innovation. What are the potential impacts of Connecticut’s crypto ban on its digital economy and blockchain innovation? While the ban aims to protect public funds from volatility, critics argue it could stifle innovation within Connecticut’s digital economy. It might deter blockchain-based startups and investment, potentially causing them to gravitate towards more crypto-friendly states that encourage digital asset development and integration. How might Connecticut’s legislation influence other states’ cryptocurrency policies? Connecticut’s cautious approach could influence other risk-averse legislatures to consider similar bans or stricter regulations on state crypto involvement. It adds to the ongoing national debate about crypto’s role in public finance, potentially encouraging a more conservative stance in states prioritizing financial stability over speculative gains.
Financial expert Levi Rietveld provided an in-depth technical analysis of XRP in a recent video shared on X. His focus centered around key technical indicators, specifically the stochastic Relative Strength Index (RSI) and Bollinger Bands (BB). Rietveld began by noting that XRP is currently trading at 220, which he described as a strong position. However, he emphasized that certain technical signals suggest a likely short-term price correction. Examination of the Stochastic RSI Rietveld explained that the daily stochastic RSI for XRP is presently in the overbought region. He referenced historical data to underline the significance of this condition. Specifically, he pointed to an event on June 11th, when XRP was similarly overbought, which was followed by a significant price correction. According to Rietveld, this pattern indicates that XRP tends to experience corrections whenever the stochastic RSI enters overbought territory. He suggested that current market conditions mirror that historical setup and that traders should expect volatility to return in the immediate term. XRP Traders: RSI and Bollinger Bands Don’t Lie – Here’s What’s Coming! pic.twitter.com/948bv1Vt0h — Levi | Crypto Crusaders (@LeviRietveld) June 29, 2025 Bollinger Bands Indicate Imminent Resistance In addition to the stochastic RSI, Rietveld examined XRP’s behavior based on Bollinger Bands. He observed that XRP is approaching the upper resistance line of the Bollinger Bands. Rietveld explained that historically, when XRP touches or nears this upper resistance line, the price tends to pull back. This confluence of signals from both the stochastic RSI and Bollinger Bands led him to conclude that a correction is highly probable in the coming days. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP Price Forecast and Trading Strategy Based on his analysis, Rietveld said he anticipates a downward movement in XRP’s price within the next three to four days. He described his strategy as preparing to take advantage of this correction by making substantial buying decisions during the dip. Rietveld expressed a high level of confidence in this approach, citing his past success using similar strategies under comparable technical conditions. Furthermore, he noted that this correction is likely to be followed by a V-shaped recovery, a pattern he stated has occurred repeatedly with XRP in the past when the stochastic RSI corrected from overbought levels. Levi Rietveld’s analysis offers a clear forecast based on technical indicators. His interpretation of the stochastic RSI and Bollinger Bands suggests a near-term price correction for XRP, followed by a potential strong recovery. He advised traders to prepare for volatility but also highlighted the likelihood of significant buying opportunities emerging once the correction materializes. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Trader Says RSI and Bollinger Bands Are Bullish On XRP. Here’s What’s Coming appeared first on Times Tabloid .
Bitcoin is on the verge of breaking out from a significant multi-year ascending channel, signaling potential major price surges ahead. Market analysts are closely watching key resistance levels near $120,000,
Circle’s USDC stablecoin is changing the balance of the BTC market. The token is more widely used in liquidity pairs, supporting 25% of the available 1% liquidity depth. The fully regulated stablecoin by Circle is becoming more important for the BTC market. The stablecoin is displacing fiat pairs in terms of activity, while securing a growing part of the 1% market depth. Circle has gained market share in 2025 For the first half of 2025, the share of USDC in securing BTC liquidity rose from around 15% to 24%. The share of USDT remained flat for the first half of the year. Liquidity for USDC-denominated trading pairs is steadily climbing across crypto markets. BTC-USDC now accounts for 24% of total 1% market depth on major exchanges, up from 15% six months ago. 📈 🌊📈 pic.twitter.com/yI9bOf5nXo — Kaiko (@KaikoData) July 1, 2025 The influence of USDC expanded, as the total supply returned to levels from 2023, erasing the effect of the bear market and lowered demand. The stablecoin currently carries around 10.5% of all BTC trading volume, though the activity metric diverges from the available depth. Volumes for USD pairs account for over 19% of BTC daily volumes, mostly due to Coinbase’s influence. Trading volumes are also open to brief anomalies or days of record trading, as in the case of USD1 , which briefly surpassed Circle USD in 24-hour trading. USDC expands its influence with growing supply The share of USDT has fallen to around 37% of all volumes, down from its usual levels above 50%. Currently, FDUSD is also highly active, with a 300% daily turnover of its entire supply. FDUSD , however, remains limited to Binance trading pairs. USDC is currently expanding its presence and activity levels, rising to a higher baseline in 2025. USDC achieves $5B to $7B in daily trading, with varying activity in both centralized and decentralized pairs. Currently, USDC is also highly active for swaps against USDT, reflecting demand for fully regulated tokens, the only type that can be used in some regions. The usage of USDT also coincided with the expansion of EURC , the Euro-linked stablecoin minted by Circle. USDC is also spreading to a wider selection of holders. In 2025, almost every month has seen an expansion of wallets holding Circle dollar stablecoin. Most of the Circle-issued USD is held in personal end-user wallets , with around 54K smart contracts supplied with the token. USDC expanded its holders in 2025, with more demand for a regulated stablecoin. | Source: Dune Analytics One of the sources of USDC growth is its usage on Hyperliquid . Nearly 3B Circle USD were deposited on the perpetual futures DEX, becoming a key stablecoin for mostly BTC and ETH pairs. The other source of app activity comes from Polymarket, where USDC supports an active prediction market as the main source of liquidity. The token is also showing expansion of its on-chain activity, mostly on the Ethereum chain. The stablecoin is the fourth most active smart contract on Ethereum in early July, burning up 65 ETH in daily fees. The stablecoin is slowly catching up to Tether, with 100 ETH in daily burned fees. USDC is also expanding on Solana, minting another 250M tokens in the past 24 hours. The supply on Solana peaked above 12B tokens, then shrank again at around 10.5B . Solana activity is expected to pick up ahead of its new ETF launch, boosting demand for stablecoin liquidity. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Pi Network has launched its Ecosystem Directory Staking, enabling users to lock Pi Coin to boost app rankings without earning any Pi rewards or profits. The absence of staking rewards
CyberStep, the maker of the Japan-based online crane game “Toreba,” has officially announced that it has entered the crypto asset investment sector as of July 1, 2025. CyberStep Enters Crypto Investment Space with Web3 Move: CRYPTECH Capital Established The company aims to create institutional reserves by converting tokens obtained from Web3 services into mainstream crypto assets such as Bitcoin and Ethereum with its new strategic department “CRYPTECH Capital”, which will carry out its activities in this field. According to CyberStep's statement, the company will establish a “self-circulating token economy” model, systematically converting tokens obtained from Web3 services such as blockchain-based games and carrying out long-term digital asset management. In this context, the blockchain game “Eggle”, one of the company's Web3 projects, is positioned as one of the core components of CRYPTECH Capital. CyberStep said it will invest 200 million yen (about $1.25 million) in the first phase of this strategic move at the beginning of fiscal 2026, and could increase this amount to a maximum of 1 billion yen (about $6.25 million) depending on market conditions. With this move, CyberStep aims to not only produce content in the Web3 field, but also to take its place in the crypto asset market as an institutional investor. The company wants to diversify its token reserves to gain resilience against volatility and strengthen its financial sustainability. *This is not investment advice. Continue Reading: Japan-Based Online Gaming Giant Announces It Will Invest in Cryptocurrency! Which Cryptocurrencies Will It Buy? Here Are the Details
SWC invested $24.6 million to increase its Bitcoin reserve by 230.05 BTC. Their investment strategy aims for long-term growth and shareholder value. Continue Reading: SWC Leads UK With Bold Bitcoin Acquisition Strategy The post SWC Leads UK With Bold Bitcoin Acquisition Strategy appeared first on COINTURK NEWS .