XRP price started a fresh increase from the $2.050 zone. The price is back above $2.10 and might struggle to continue higher above the $2.20 zone. XRP price started a fresh increase above the $2.120 zone. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2.080 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it closes above the $2.20 resistance zone. XRP Price Faces Hurdles XRP price remained supported above the $2.00 zone and started a fresh increase, like Bitcoin and Ethereum . The price recovered above the $2.020 and $2.080 resistance levels. The pair even cleared the $2.150 resistance and spiked above the $2.20 barrier. However, the bears were active above the $2.20 zone. A high was formed at $2.215 and the price is now correcting some gains. There was a move below the $2.00 level, but the price is still above the 23.6% Fib retracement level of the upward move from the $1.910 swing low to the $2.2150 high. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $2.080 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.20 level. The first major resistance is near the $2.220 level. The next resistance is $2.250. A clear move above the $2.250 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.350 resistance or even $2.420 in the near term. The next major hurdle for the bulls might be $2.50. Another Drop? If XRP fails to clear the $2.20 resistance zone, it could start another decline. Initial support on the downside is near the $2.150 level. The next major support is near the $2.080 level. If there is a downside break and a close below the $2.080 level, the price might continue to decline toward the $2.020 support or the 61.8% Fib retracement level of the upward move from the $1.910 swing low to the $2.2150 high. The next major support sits near the $1.950 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.150 and $2.080. Major Resistance Levels – $2.20 and $2.250.
Speed is often the key to success in crypto. Binance Coin (BNB) continues to maintain solid long-term confidence, and Tron (TRX) is staying within a tight technical range. Yet, both lag behind BlockDAG (BDAG) in terms of performance and attention. BlockDAG has advanced from $0.001 in batch 1 to $0.0020 in batch 29, while aiming for a listing price of $0.05. This trajectory has allowed early backers to witness a 2,660% increase in their funds. The buzz around BlockDAG goes beyond numbers. With over $321 million raised so far, millions using its X1 app, and an ongoing 100 million coin airdrop, it’s quickly gaining traction. While BNB and TRX continue on their steady paths, BlockDAG appears to be setting a faster pace. BNB Holds Strong Potential, But Its Growth Is Still Assumed BNB, the core digital asset for the Binance network, remains firmly established. Telegaon’s forecast for Binance Coin (BNB) places its 2025 average around $875.24, with possibilities climbing to $3,175 by 2030. Some even predict a rise to $5,441 by 2035. This upward potential is backed by Binance’s dominant presence, increasing usage of the BNB Chain in DeFi apps, and a deflationary mechanism that burns coins periodically. Still, this entire outlook depends on smooth regulation and consistent platform progress. Those looking for immediate gains may find BNB to be a slow-moving asset rather than a rapid-growth option. Tron (TRX) Remains Resilient, But Strength Is Fading TRX has handled recent market dips better than several major altcoins, partly due to its weaker link to Bitcoin (just 0.32 correlation). When Bitcoin dropped 3.68%, Tron only slipped 2.87%, doing better than both Solana and Ethereum. Despite this, Tron’s pattern is showing signs of weakness. Over the last six weeks, TRX has hovered between $0.263 and $0.294. Analysts identify $0.261 as a key support, with a possible slide to $0.24 if that fails. The RSI falling below 50 reflects fading strength, and OBV indicates a lack of clear buying or selling pressure. Broader market uncertainty might worsen this. Although Tron has shown stability, without a clear upward push, it could remain stuck while new entries like BlockDAG gain speed and adoption. BlockDAG’s Global Expansion, X1 App, and 2,660% Return Are Setting New Standards Rather than waiting for attention, BlockDAG is taking direct action to boost its reach. Its standout move is the X1 app, which supports mobile-based mining for more than 2 million users across over 100 countries. This doesn’t rely on GPUs; instead, it uses a Proof-of-Engagement model where users earn BDAG by interacting daily. It’s easy to use, energy-friendly, and made to spread quickly. The ongoing 100 million BDAG airdrop is another key part of its strategy, rewarding those who joined the Testnet, referred friends, contributed socially, or joined the presale. This is more than a giveaway; it’s a powerful way to bring people into the BlockDAG ecosystem. In addition, the US-based sponsorship reveal has already taken place, with 20 exchange listings disclosed. This move shows clear efforts to align the project with broader audiences beyond crypto. On the funding side, BlockDAG has raised over $321 million to date, making it one of the most successful presales recently. The price in batch 29 is still at $0.0020, but this limited-time offer ends on June 24, when it will rise to $0.0030. With the projected launch price of $0.05, early participants have already seen their holdings grow by 2,660%. Its hybrid structure combining DAG and blockchain technology enables faster processing and practical scaling. With Ethereum-compatible support and a no-code smart contract tool, it’s also ideal for developers shifting from other platforms. While others talk about future possibilities, BlockDAG is actively delivering results. Final Thoughts! BNB and TRX both remain major forces among the most popular crypto coins. Binance Coin (BNB) shows a strong case for long-term progress, while Tron (TRX) is proving to be stable in the short run. However, neither project seems to be pushing forward with the intensity and growth that BlockDAG is showing right now. With a working mobile app (X1), over $321 million in funding, a broad-reaching US-based sponsorship, and a 100 million BDAG airdrop underway, BlockDAG is not just part of the 2025 crypto talk; it’s at the center of it. Those who joined early have already seen 2,660% growth, and for those still looking at their next step, BlockDAG might not just be one of the most popular crypto coins this year, it could be the most rewarding move they make. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post BlockDAG’s 2,660% ROI and 100M Airdrop Draw Crypto Whales’ Attention! Binance Coin & Tron Hold Firm appeared first on TheCoinrise.com .
After setting a new all-time high (ATH) earlier in the month, the Bitcoin Hashrate has seen a crash. Here’s what this could mean for the asset. 7-Day Average Bitcoin Hashrate Has Plummeted Since The Record The “ Hashrate ” refers to an indicator that measures the total amount of computing power that miners have connected to the Bitcoin network for the purpose of mining. The metric’s value is measured in terms of hashes per second (H/s), or the more practical exahashes per second (EH/s). When the value of this indicator rises, it means the miners are adding more power to the blockchain. Such a trend suggests BTC mining is looking profitable to these chain validators. On the other hand, the metric going down can imply some of the cohort’s members are coming under pressure, so they have decided to scale back on their facilities. Now, here is a chart from Blockchain.com that shows the trend in the 7-day average of the Bitcoin Hashrate over the past year: As displayed in the above graph, the 7-day average Bitcoin Hashrate saw a rapid increase to a new ATH of about 943.6 EH/s on June 15th. Since this peak, however, the indicator has witnessed a sharp reversal. Today, the miners’ computing power amounts to 834.8 EH/s, more than 11% down compared to the record. Considering the fast decline, it’s possible that miners are feeling financial pressure. And indeed, according to an on-chain model, this group can currently be classified as extremely underpaid . The miners may also be feeling bearish about the cryptocurrency, considering all the geopolitical events that have occurred since the high in the Hashrate, feeding into market uncertainty. Miners depend on growth in the asset’s price to improve their margins, so their behavior is often linked to the trend in the coin itself. Sometimes, miners do expand or decommission operations anticipating future action, though these bets don’t always pay off. From the chart, it’s visible that this isn’t the first time this year that the indicator has seen a quick top followed by a rapid decline. Since April, the metric has now displayed this pattern four times, with the peak setting a slightly bigger record in each instance. Considering this trend, it’s possible that the latest drawdown may also just be similar, and the 7-day average Hashrate would rebound before long. That said, in the scenario that the decline does elongate beyond the current point, which is already close to the low of the metric’s recent range, then it could potentially signal that a real shift may be taking place among the miners. Generally, though, miners changing the Hashrate doesn’t impact the Bitcoin price, at least not directly. What a decline can signal, however, is distress among the group, which can force them into selling. BTC Price At the time of writing, Bitcoin is floating around $105,100, down 0.3% in the last seven days.
As 2025’s digital asset cycle heats up, capital is rotating into early-stage opportunities that offer sharper upside. MAGACOIN FINANCE has now emerged as a serious contender during its final pre-sale phase. With Bitcoin and XRP holders shifting strategies and Arbitrum’s rebound catching interest, all eyes are on whether this altcoin becomes the next breakout rotation play . MAGACOIN FINANCE: The Focal Point for Strategic Capital MAGACOIN FINANCE has passed the $10 million fundraising milestone with each phase selling out at an accelerating pace. With a capped supply , a verified HashEx audit , and a community-first, VC-free model , the project is defining scarcity-backed momentum. Its appeal is driven by community support—most participants are accumulating and staking, indicating long-term confidence. Its listing prospects have drawn comparisons to early giants like Solana and Ethereum, positioning it as a rare opportunity before the broader market catches on. XRP: Rotating for Faster Upside XRP’s momentum has cooled slightly in recent weeks, prompting traders to look for newer, faster-moving vehicles. MAGACOIN FINANCE has drawn strong interest from XRP holders searching for greater near-term ROI potential and clearer upside catalysts during this quarter. Bitcoin: Profits Fueling Rotational Plays As Bitcoin consolidates above $105,000 , high-cap traders are reallocating profits into pre-launch opportunities. MAGACOIN FINANCE stands out for its tokenomics, grassroots appeal, and timing—making it an attractive target for rotation without departing from strong fundamentals. Arbitrum: Building Back for Long-Term Arbitrum (ARB) has begun to recover following a turbulent spring. While long-term forecasts are optimistic, many investors are looking elsewhere for faster price movement. MAGACOIN FINANCE’s pre-launch format is proving to be a compelling hedge for those seeking action now rather than later. Conclusion With its final presale window open and momentum shifting, MAGACOIN FINANCE is becoming a strategic choice for XRP and Bitcoin traders alike. As Arbitrum rebuilds and attention focuses on high-reward opportunities, this project is fast gaining reputation as a leading early-stage opportunity in 2025. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Exclusive Access Portal: https://magacoinfinance.com/entry Continue Reading: Could MAGACOIN FINANCE’s Final Presale Stage Attract XRP and Bitcoin Investors Eyeing Arbitrum?
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Injective (INJ) is leading the crypto market with a 26% recovery from the recent lows, suggesting a “strong” rally could be around the corner. Some analysts forecast further upside for the token if it reclaims a key price area. Related Reading: Cardano Headed For $0.32 If This Level Isn’t Reclaimed – Is ADA’s Rally Over? Injective Sees Strong Daily Move On Tuesday, Injective saw a massive recovery from its recent drop to the $9 mark, and it’s attempting to reclaim a crucial resistance level. The cryptocurrency has been in a downtrend this month, driven by the increasing global geopolitical tensions. Since hitting its December high of $35.26, INJ has retraced over 65%, dropping below the $10 support multiple times during the 2025 retraces. However, the April-May rally saw the cryptocurrency break out of its multi-month downtrend and climb to its $10-$15 local price range. Following Monday night’s news of a potential ceasefire between Israel and Iran, Injective, alongside the rest of the market, reclaimed some of its recently lost levels, surging to the $11 area on Tuesday morning and nearing a crucial resistance. Notably, INJ recorded a 26% rally intraday to hit the $12.02 mark, becoming one of the leading tokens during the crypto market’s rebound. Analyst Crypto Rand noted that the cryptocurrency is now pushing over the June downtrend resistance following its price recovery, suggesting an explosive surge. According to the post, a breakout above the $12 resistance range would “trigger the bull reversal,” which could propel Injective’s price toward the local range high resistance around the $15 mark. Meanwhile, Crypto Busy highlighted that the cryptocurrency “just delivered one of the strongest moves in today’s altcoin rally” in “just a few candles” after bouncing from the $9 support zone. The analyst added that INJ continues to be “one of the most responsive altcoins when Bitcoin bounces,” forecasting potentially more bullish price action driven by the Injective Summit 2025, scheduled for June 26. INJ Ready For Massive Rally? Market watcher Clinton highlighted that INJ just completed its retest of its multi-month descending broadening wedge. According to the post, Injective bounced from the pattern’s resistance level, confirming the May breakout in the daily timeframe. This could set the cryptocurrency’s price for a 100%-150% “massive bullish rally” toward the $23-$30 levels if price holds the $11.5-$11.6 support zone, which served as a key area over the past two months. Additionally, analyst Sjuul from AltCryptoGems affirmed that Injective is forming a “very clear” Power of Three (Po3) setup since the May Breakout. In this pattern, a cryptocurrency’s price cycle is divided into three phases: accumulation, manipulation, and distribution. The first phase sees a token’s price consolidate near the recent high after a strong performance. This is followed by the price falling below the accumulation phase support level, trading within a range below the recently lost zone. Related Reading: Bitcoin Buy-Side Pressure Surges: Taker Buy Volume Spikes Sharply Lastly, a strong price breakout occurs in the third phase, with momentum building as participants enter the market. Based on this, Injective has entered the distribution phase, which is expected to lead to a “nice expansion” toward the $16 local resistance, “as long as we don’t find acceptance back below support.” As of this writing, Injective is trading at $11.64, a 3% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
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The post XRP Futures Hit $542M in Volume on CME, 45% from Outside the U.S. appeared first on Coinpedia Fintech News XRP is grabbing attention on Wall Street as its new futures contracts on CME Group attract strong interest. Since launching on May 19, both XRP futures and Micro XRP futures have seen high demand from big investors and regular traders alike. In its latest report , the CME Group revealed that on the launch day alone, its trading volume hit $19.3 million across 15 firms and four retail trading platforms. From ETF issuers to everyday traders, the wide participation shows the robust demand for XRP futures. Since launching on May 19, XRP and Micro XRP futures have shown demand across institutional and retail participants, highlighting interest in regulated tools to access one of the most watched crypto assets. Get the full breakdown https://t.co/nmVRaXqUTO pic.twitter.com/JZG2Bnnjll — CME Group (@CMEGroup) June 24, 2025 Open Interest Climbs to $70.5M Since its launch, XRP futures have recorded $542 million in total trading volume. 45% of its volume was outside of North America, which shows XRP’s strong global presence. Open interest has also climbed to $70.5 million. The CME Group announced its XRP futures in April to expand its crypto derivatives lineup, which already includes Bitcoin, Ethereum, and Solana. The XRP contracts come in two sizes, standard (50,000 XRP) and micro (2,500 XRP). Both are cash-settled and based on the CME CF XRP-Dollar Reference Rate. Spot XRP ETF Next? This is important because the SEC has previously stressed the need for a regulated futures market when approving spot Bitcoin and Ethereum ETFs. With XRP Futures now live under CFTC oversight, experts say that this could eventually make way for a spot XRP ETF. XRP is now a top candidate alongside Solana and Litecoin for a spot ETF, with a 95% chance of approval. Experts believe that CME’s launch of XRP futures clears a key hurdle for a spot XRP ETF, and spot XRP ETFs are only a matter of time. CME-traded XRP futures are now *live*… CFTC-regulated contracts on XRP. Spot XRP ETFs only a matter of time. pic.twitter.com/MOhHtoGWbs — Nate Geraci (@NateGeraci) May 19, 2025 CME also said that XRP’s recent momentum is driven by Ripple’s big moves, like buying Hidden Road for $1.25B and launching RLUSD, a stablecoin that is boosting XRP’s use, liquidity, and activity in DeFi.