Circle has successfully completed its IPO on the New York Stock Exchange, marking a pivotal moment in the integration of stablecoins with traditional financial systems. This strategic move enhances Circle’s
Analysts have identified a vital support level for XRP , sparking investor interest. Meanwhile, Cardano 's staking rewards have achieved an unprecedented high, leading to speculation about ADA's price stabilization. This article delves into the potential growth for these coins and examines current market sentiments. XRP Price Trends Show Mixed Signals with Recovery and Bearish Pressure Over the past month, XRP advanced by about 2.19%, with minor weekly gains of 1.46%. However, in the last six months, the coin has dropped around 16.50%. This price performance has been characterized by volatility, with brief upward movements failing to reverse the long-term decline. Recent technical measures indicate modest short-term efforts to regain momentum, but the overall trend continues to experience downward pressure, creating a mixed scenario for traders and investors. Current XRP pricing is fluctuating between $1.95 and $2.53, within a range marked by significant support and resistance levels. Immediate resistance is at $2.88 , with a further level at $3.45. Support is noted at $1.73 and $1.15. Market indicators, including a Relative Strength Index of 44.13, suggest a slight bearish sentiment. Limited upward movement points to cautious trading behavior. Strategies may include entering long positions near $1.73 and selling at $2.88 if a rally occurs. Alternatively, a drop below $1.73 could signal short positions, emphasizing the need for tight stop-loss measures. Cardano Price Snapshot: Declines and Key Levels to Monitor Cardano has seen a modest dip of nearly 2% in the past month and a significant decline of almost 45% over the last six months. The asset has steadily fallen in value during this period, with recent performance slightly less severe than the longer-term drop. After a time of notable weakness, the coin has shown a small recovery in price action, although underlying pressures remain evident. The current trading range lies between approximately $0.597 and $0.819, with immediate support near $0.508 and secondary support around $0.286. Key resistance levels are at about $0.952 and $1.174. Recent indicators suggest that bears are dominant, as momentum readings indicate weakness. There is no clear trend, allowing for potential recovery plays if buyers step in near support. Traders may find cautious entry points near lower boundaries, aiming for a bounce towards the first resistance level. Conclusion Analysts have confirmed a vital support level for XRP , suggesting stability ahead. Meanwhile, Cardano 's staking rewards have reached a new peak, indicating strong network participation. This could signal that ADA's price has potentially found a bottom, offering investors a more solid footing. Together, these developments highlight positive momentum for both cryptocurrencies. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Nasdaq has expanded its crypto index by including XRP, Solana (SOL), Cardano (ADA), and Stellar Lumens (XLM), enhancing the benchmark’s market representation. This update aims to provide a broader and
U.S. President Donald Trump is expressing growing dissatisfaction with Federal Reserve Chair Jerome Powell, and just ahead of the weekend, he informed reporters aboard Air Force One that a decision regarding the next Fed chair will be “coming out very soon.” Rate Cut Demanded: Trump Slams Powell, Signals Fed Leadership Overhaul Since assuming office in
Bitcoin (BTC) has reclaimed $105,000, making a strong recovery after dropping to an intraday low of $101,201 on Friday. The flagship cryptocurrency is up nearly 2%, trading around the $105,071 mark. BTC’s drop to $100,000 wiped out over $1 billion in leveraged bets over the past 24 hours as traders rushed to sell. Analysts believe BTC’s decline has been sustained by long-term holders locking in their profits. Bitcoin (BTC) Turns Bearish Amid Political Tensions Bitcoin (BTC) dipped sharply on Friday, plunging 3% to hit a low of $100,421 as political tensions between President Donald Trump and SpaceX CEO Elon Musk escalated. However, it has recovered since, regaining its position above $105,000. The price action reflects increased volatility across crypto after an acrimonious escalation of tensions between President Trump and Musk. The tensions triggered a risk-off sentiment heading into the weekend as the global crypto market cap plunged over 4%, and Bitcoin fell to $100,000, with market watchers sweating over a further decline. According to data from CryptoQuant analyst Darkfrost, the Binance net taker volume fell from $20 million to -$135 million in under eight hours, indicating a sharp change in investor sentiment. The analyst emphasized that this was the largest intraday net-taker volume reversal observed on the exchange this year. The shift shows how quickly sentiment changes if influential figures or macro-narratives dominate headlines. Miner Inflows Could Pressure Price Action Bitcoin has recovered after Thursday’s dip, rising back above $105,000 during the ongoing session. While BTC has recovered, the broader crypto market is still digesting the fallout. However, CryptoQuant analysts have pointed out another factor that could decide the near-term outlook. According to on-chain data, Bitcoin miners have dramatically increased the amount of BTC transferred to exchanges. Miner-to-exchange inflows crossed $1 billion per day between May 19 and May 28. These inflows are often seen as a proxy for miners’ preparing to sell their holdings. This could significantly impact BTC’s short-term supply dynamics and introduce volatility to the flagship cryptocurrency’s spot market performance. The spike in realized inflows from miners to exchanges can be interpreted as a sign of growing sell-side pressure. Large-scale transfers to exchanges are generally interpreted as miners preparing to offload their assets. Analysts have pointed out that while miner selling isn’t inherently negative, it could impact short-term price stability. On the other hand, when miner inflows spike, it reflects sentiment regarding profitability, operational stress, or anticipated price changes. “Paying close attention to these inflows—especially during historical peaks like the current phase—can help with risk management and more informed trading decisions.” Bitcoin (BTC) Price Analysis Bitcoin (BTC) registered a sharp drop on Thursday, falling to an intraday low of $100,421 on Thursday as markets turned bearish. Sentiment turned bearish following an ugly spat between President Trump and SpaceX CEO Elon Musk. However, the decline was short-lived as BTC rebounded on Friday to cross $104,000 and settle at $104,378. The price briefly crossed $105,000 during the ongoing session but has declined and is currently trading around $104,799. Despite the decline, analysts believe a pullback was expected and could trigger a move to fresh all-time highs. According to an analysis, BTC follows a similar path after each halving. The analyst pointed out that BTC rose around 280% a year after the 2016 halving and 550% a year after the 2020 halving. During the current cycle, BTC has climbed around 70% since the halving. According to Klarch, price action has picked up after a slow start during previous cycles, indicating there is more room for growth. According to the analyst, BTC’s recent all-time high is a milestone that marks the beginning of a move higher. BTC has multiple tops before it hits the cycle’s real peak. BTC started the previous week positively but was back in the red on Tuesday, registering a marginal decline. Sellers retained control on Wednesday as the price fell 1.03% to $107,834. Bearish sentiment intensified on Thursday as BTC plunged over 2%, slipping below the 20-day SMA and settling at $105,662. The price declined on Friday, dropping 1.51% to go below $105,000 and settle at $104,067. Despite the overwhelming selling pressure, BTC recovered over the weekend, rising 0.69% on Saturday and nearly 1% on Sunday to reclaim $105,000 and settle at $105,775. Source: TradingView BTC plunged to an intraday low of $103,734 on Monday as selling pressure intensified. However, it recovered from this level to register a marginal increase and settle at $105,903. Price action turned bearish on Tuesday as BTC fell 0.44% to $105,435. The price declined on Wednesday, falling nearly 1%, slipping below $105,000 and settling at $104,755. Bearish sentiment intensified on Thursday thanks to the Trump-Musk spat. As a result, BTC fell over 3%, plunging to an intraday low of $100,421 before settling at $101,615. The decline was short-lived as the price recovered on Friday, rising almost 3% and settling at $104,378. BTC briefly crossed $105,000 during the ongoing session before registering a marginal decline and moving to $104,952, an increase of nearly 1%. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
India’s regulatory landscape for cryptocurrencies remains uncertain as the Reserve Bank of India (RBI) continues to express strong opposition, emphasizing risks to monetary policy and financial stability. Despite judicial interventions
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP holds strong above 200-EMA as Dogecoin and UNIL rally; UNIL presale tops $2.4m amid rising DeFi interest. Table of Contents The XRP price hovers above the 200-EMA Can the Dogecoin price surpass $1? Unilabs Finance: A Novel AI launchpad for digital assets Closing thoughts Despite the recent market downturn, the XRP price hovers above the 200-EMA, while the Dogecoin price begins a comeback. With an overall market rally anticipated in the coming days, DOGE and Unilabs Finance (UNIL) are bullish waves not to miss — top DeFi coins to invest in. Priced below $1, Dogecoin and UNIL are not only pocket-friendly; they are also high-potential altcoins. Hence, investors have been showing significant interest, pushing the ongoing UNIL presale above $2.4 million in record time. You might also like: Can Unilabs flip DOGE price with mining fund success and 10x forecast in 2025? The XRP price hovers above the 200-EMA Amidst a general market downturn, the XRP price has seen a 2% decrease over the last 24 hours. Nevertheless, it hovers above the 200-EMA ($2.08), which has proven to be a solid support. Further supported by technical indicators like Momentum (10) and Commodity Channel Index (20), an XRP price bounce is on the table. Next key level to watch is a retest of its 30-day high of $2.64, positioning it among the top DeFi coins to invest in. Top analysts believe a rally above this level could push the XRP price above $3 and potentially flip its all-time high of $3.84. Meanwhile, WestBfieldLa’s optimistic price prediction has become a subject of much interest, highlighting why it is one of the top DeFi coins to invest in. However, UNIL’s significant upside potential has been attracting more investor interest. Can the Dogecoin price surpass $1? The Dogecoin price dipped by 10% on the weekly chart, pushing it back down to the $0.17 level. Does that mean it is over? Certainly not. Technical indicators like the Williams Percent Range and Commodity Channel Index give a strong buy signal, suggesting now is the time to double down on the dog-themed cryptocurrency. Moreover, Investments_CEO is optimistic that the Dogecoin price will climb toward $2 this year, which is considered a bold forecast. Hence, at the current price, it presents a great entry to what could be significant gains. A modest price prediction is by John Mark, suggesting the leading memecoin could hit $0.739 and surpass its 2021 all-time high. The above highlights its potential, placing DOGE on the list of the top DeFi coins to invest in. With the Dogecoin price underpriced at less than $0.2, it is a promising wave not to miss, although experts consider UNIL, a new AI coin, to be more attractive due to its small market size. Unilabs Finance: A Novel AI launchpad for digital assets Unilabs Finance ’ s native utility coin, UNIL, is among the top DeFi coins to invest in this year for several reasons. At the heart of an AI-powered DeFi ecosystem, its outlook is promising, also functioning as a governance token. In addition, it is in its early stages, meaning participation in the ongoing presale can yield significant ROIs. At $0.0062 in the third stage of the ICO, a jump toward $0.0074 is anticipated by the fourth round. With early investors positioned for gains as the presale progresses and well after the token’s market debut, there are other benefits to holding. UNIL holders are eligible for periodic airdrops of tokens from projects that launched on the Unilabs AI Launchpad and a share of platform-generated profits through consistent dividends. Also, there will be early access to high-potential investment opportunities through the UNIL token, positioning it among the top DeFi coins to invest in this year. Closing thoughts The XRP price hovers above the 200-EMA despite market downturn, while the Dogecoin price is tipped to surpass $2 this cycle. Meanwhile, Unilabs Finance’s UNIL token is on experts’ lists of the top DeFi coins to invest in. Investors have been doubling down on the AI coin due to its solid fundamentals as the native utility token of a DeFi asset management platform. To learn more about Unilabs, visit the website and its Telegram. Read more: Ethereum to hit $4,000 by Q3, Binance coin breakout, Unilabs see influx of investors Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Musician Jonathan Mann’s $3 million earnings from music NFTs were drastically reduced due to high taxes and a sharp cryptocurrency market crash, underscoring the volatility in digital asset investments. This
Coinbase has successfully reduced account freezes by 82%, marking a significant improvement in user experience and operational efficiency. CEO Brian Armstrong and new hire Dor Levi have implemented advanced machine
The crypto market registered a sharp recovery on Friday after Thursday’s sudden drop. Bitcoin (BTC) plunged to a low of $100,811 on Thursday as markets turned bearish. However, the decline was short-lived as the price rebounded on Friday to erase most of the previous day’s losses and settle above $104,378. The flagship cryptocurrency is up over 1%, trading at around $105,128. Meanwhile, Ethereum (ETH) has struggled after Thursday’s decline, which saw the price dip below $2,400. However, it has struggled to regain momentum and has registered only a marginal increase over the past 24 hours. Meanwhile, Ripple (XRP) is up nearly 2%, while Solana (SOL) is up over 2%, trading around $151. Dogecoin (DOGE) is up almost 6%, and Cardano (ADA) is up over 3%, trading around $0.668. Chainlink (LINK) , Stellar (XLM) , Toncoin (TON) , Hedera (HBAR) , Litecoin (LTC) , and Polkadot (DOT) have also registered notable increases. Gemini Confidentially Files for US IPO Gemini, a cryptocurrency exchange owned by the Winklevoss brothers, has disclosed it confidentially filed for an IPO as crypto exchanges attempt to take advantage of renewed market momentum. Several high-profile companies, including crypto exchanges, have launched successful listings, indicating growing demand and renewed vigor in the capital markets. Recently, USDC issuer Circle went public, making its debut on the New York Stock Exchange. Matt Kennedy, Senior Strategist at Renaissance Capital, stated, “Pre-IPO crypto companies would be crazy not to move ahead with listings after seeing how Circle traded. Crypto can be an unpredictable market, so when you get a chance like this, you take it.” The recent spate of IPOs heralds a turning point for the industry, reflecting growing confidence among digital asset firms to attract mainstream investors. It also suggests companies are confident about meeting transparency, regulatory, and capital requirements. Gemini has not determined the size or the proposed range for its offering. Kat Liu, vice president at IPOX stated, “Gemini's move contributes to the broader momentum and reinforces the idea that crypto-native firms are increasingly preparing to access public markets. More broadly, this signals that long-anticipated firms are now ready to reengage with public capital.” Singapore’s Ousted Crypto Firms Have Nowhere To Go Singapore recently passed an order prohibiting unlicensed crypto firms from serving overseas customers. The order marks the beginning of the end for regulatory loopholes in the blockchain industry. The directive, issued by the Monetary Authority of Singapore, orders crypto firms offering services abroad to get licensed or leave. The movie aligns with a broader global push for compliance and cracks down on money laundering and terrorism financing. Joshua Chu, co-chair of the Blockchain Alliance, stated, “For exchanges still playing regulatory pinball — constantly seeking loopholes to avoid licensing requirements — the reality is clear: They will soon find themselves having to relocate to their favorite destination, the moon. With jurisdictions like Singapore, Thailand, Dubai, Hong Kong, and others tightening oversight and closing gaps, there’s simply no escaping the global push for compliance.” Some in the crypto space have interpreted the recent order as a sharp policy reversal. However, the regular said it has always maintained a steady stance. Singapore’s Central Bank stated, “MAS’ position on this has been consistently communicated for a few years since the first response to public consultation issued on February 14, 2022, and in subsequent publications on October 4, 2024, and May 302025.” Dow Jones Rises On Back Of Strong Market Data Wall Street ended the week positively after better-than-expected job numbers boosted investor confidence. The Dow Jones Industrial Average rose 443 points, leading Friday’s gains among major indices. The S&P 500 rose 1.03% to close above 6000 for the first time since February. Meanwhile, the Nasdaq Composite rose 1.2% thanks to a major rebound in tech stocks. Data from the US Bureau of Labor Statistics showed that the US added 139,000 jobs in May, above the expected 125,000. Meanwhile, the unemployment rate remained unchanged at 4.2%, while the wage growth also came in higher than expectations. Bitcoin (BTC) Price Analysis Bitcoin (BTC) recovered from Thursday’s dramatic decline to register an increase of nearly 3% on Friday and recoup a significant chunk of the previous day’s losses. The flagship cryptocurrency has extended its gains in the current session and has reclaimed $105,000 to trade around $105,150. Analysts believe miner activity could impact BTC’s near-term outlook. According to an analysis by a CryptoQuant analyst, miners have increased the volume of BTC transferred to crypto exchanges. According to the analysis, miner-to-exchange inflows exceeded $1 billion per day between May 19 and May 28. Analysts view such inflows as a proxy for miners intending to sell their assets. This could impact short-term supply dynamics and introduce volatility to BTC’s spot market performance. The spike in realized inflows from miners to exchanges can be interpreted as a sign of growing sell-side pressure. Large-scale transfers to exchanges are generally interpreted as miners preparing to offload their assets. Analysts have pointed out that while miner selling isn’t inherently negative, it could impact short-term price stability. On the other hand, when miner inflows spike, it reflects sentiment regarding profitability, operational stress, or anticipated price changes. BTC started the previous week positively, registering a marginal increase on Monday. However, it was back in the red on Tuesday, dropping 0.46% to $108,954. Sellers retained control on Wednesday as BTC fell 1.03% to $107,834. Selling pressure intensified on Thursday as BTC fell over 2%, slipping below the 20-day SMA and settling at $105,662. The price declined on Friday, dropping 1.51%, slipping below $105,000 and settling at $104,067. Despite the overwhelming selling pressure, BTC recovered over the weekend, rising 0.69% on Saturday and 0.95% on Sunday to reclaim $105,000 and settle at $105,775. Source: TradingView BTC plunged to an intraday low of $103,734 on Monday. However, it recovered to register a marginal increase and settle at $105,903. The price was back in the red on Tuesday, falling 0.44% to $105,435. The price declined on Wednesday, falling almost 1%, slipping below $105,000 and settling at $104,755. Bearish sentiment intensified on Thursday as BTC plunged 3%, falling to a low of $100,421 before settling at $101,615. The price recovered on Friday, rising nearly 3% to $104,378. The current session sees BTC up 0.91%, having reclaimed $105,000, trading around $105,325. Ethereum (ETH) Price Analysis Ethereum (ETH) registered a sharp drop on Thursday, losing momentum and plunging below $2,400 to a low of $2,392. While it has recovered, ETH is struggling to push back to pre-Thursday levels and is hovering around $2,500. ETH’s muted price action comes despite spot Ethereum ETFs recording positive inflows. ETH ETFs recorded $25.2 million in net inflows on June 6th marking 15 consecutive days of positive inflows. US-based spot Ethereum ETFs have attracted a combined $281 million in inflows over the past week. Despite positive inflows, ETH has been unable to cross $2,700, a level where it faces substantial resistance. ETH started the previous week positively, rising 0.49% on Monday. Bullish sentiment intensified on Tuesday, rising nearly 4% to cross $2,600 and settle at $2,662. The price continued to push higher on Wednesday, rising 0.76% to $2,684. ETH raced to an intraday high of $2,790 on Thursday as buyers attempted a move to $2,800. However, it lost momentum after reaching this level and fell nearly 2% to $2,632. Bearish sentiment intensified on Friday as ETH fell almost 4%, slipping below $2,600 and settling at $2,539. The price fell 0.14% on Saturday before rising 0.44% on Sunday, ending the weekend at $2,539. Source: TradingView ETH started the week positively, rising almost 3% on Monday to reclaim $2,600, cross the 20-day SMA, and settle at $2,607. However, it was back in the red on Tuesday, registering a marginal drop before rising 0.51% on Wednesday and settling at $2,607. Market sentiment turned bearish on Thursday, and ETH plunged over 7%, slipping below the 20-day SMA and $2,500 to settle at $2,415. The price recovered on Friday, rising nearly 3% to $2,479. ETH is up almost 1% during the ongoing session, having reclaimed $2,500 and trading around $2,505. Solana (SOL) Price Analysis Solana (SOL) has made a strong recovery after dropping to a low of $141 on Thursday. The altcoin has reclaimed the $150 price level, with buyers looking to maintain momentum and push towards $160. However, Solana DEX volumes have been falling for four weeks, and a return of bearish sentiment could see the price drop towards $100, breaking its current bullish structure. SOL started the previous week in the red, registering a marginal decline before recovering on Tuesday and settling at $176. Buyers lost momentum on Wednesday as the price fell 2.55%, slipping below the 20-day SMA and settling at $172. Sellers retained control on Thursday as the price fell over 3%, falling below $170 and settling at $166. Bearish sentiment intensified on Friday as SOL plunged over 6%, slipping below $160 and settling at $156. Despite the bearish sentiment, the price recovered over the weekend, registering a marginal increase on Saturday and almost 1% on Sunday to settle at $157. Source: TradingView SOL plunged to an intraday low of $151 on Monday. It rebounded from this level to settle at $156, ultimately registering a marginal decline. The price raced to an intraday high of $164 on Tuesday as buyers attempted a move to $170. However, it lost momentum after reaching this level and fell 1.05%, ultimately settling at $155. Sellers retained control on Wednesday as SOL fell 1.29% to $153. SOL plunged nearly 6% on Thursday as selling pressure intensified, dropping to a low of $141 before settling at $144. The price recovered on Friday, rising 2.47% to $147 as buyers returned to the market. SOL is up nearly 3% during the ongoing session, having reclaimed $150, trading around $151. Ripple (XRP) Price Analysis Ripple (XRP) started the previous weekend in the red, dropping 4.59% on Friday to settle at $2.14. The price fell to an intraday low of $2.08 on Saturday as selling pressure intensified. However, it recovered from this level to register an increase of 1.58% and settle at $2.17. Buyers retained control on Sunday as the price registered a marginal increase to end the weekend at $2.17. XRP started the week positively, rising almost 1% and moving to $2.19. Bullish sentiment intensified on Tuesday as the price raced to an intraday high of $2.28 before settling at $2.24, ultimately registering an increase of 2.20%. Source: TradingView Despite the positive sentiment, XRP lost momentum on Wednesday, falling 1.95% to $2.20. Bearish sentiment intensified on Thursday as XRP plunged nearly 5%, slipping below $2.10 and settling at $2.09. The price rebounded on Friday, rising over 3% to reclaim $2.10 and settle at $2.16. The current session sees XRP up 1.29%, trading around $2.19 as buyers look to push the price higher. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.