Bitmine, the world’s largest Ethereum treasury, has ramped up its ETH buying during the latest crypto market correction, making the company’s largest purchase of 2026 to date. Related Reading: Analyst Charts Ethereum Long-Term Roadmap To $16,000 – There’s No Need To Panic Bitmine Doubles Down On Ethereum On Monday, Bitmine Immersion Technologies announced it had bought over 126,971 ETH, worth roughly $214 million, during last week’s dip, marking the treasury’s largest purchase so far this year. Now, Bitmine’s crypto and cash holdings sit at $9.6 billion at current prices, comprised of 5,543,872 ETH at $1,630 per ETH, 204 Bitcoin (BTC), a $180 million stake in Beast Industries, an $88 million stake in Eightco Holdings as part of its “Moonshots” initiative, and total cash worth $247 million. In a statement, Bitmine’s Chairman, Tom Lee, explained that the firm saw the recent price dip, which sent Ethereum to a one-year low of $1,505 on Sunday, as a buying opportunity, arguing that Ethereum’s fundamentals are strengthening. “We increased our buying as we believe this pullback in ETH prices does not reflect the strengthening of Ethereum fundamentals. This is not surprising given we are in the early stages of crypto spring,” he said. Lee argued that the broader crypto market sell-off was a “superficial take,” driven more by short‑term panic than by real weakness. He also affirmed that the recent Zcash Orchard incident strengthens Ethereum’s use case. AI systems are going to find flaws in centralized financial services rails and weak decentralized protocols. We believe this actually strengthens the use case and product market fit for hardened and reliable decentralized blockchains like Ethereum. Therefore, the treasury firm believes that “ETH prices should not be coming under pressure,” he added. After the latest purchase, the firm’s ETH holdings have reached 4.59% of the altcoin’s total supply. Lee expects the company to reach its 5% supply goal “sometime in 2026.” ETH Eyes Key Technical Level Despite Bitmine’s continuous bet on Ethereum, the king of altcoins has struggled over the past week, retracing roughly 15% and losing the February lows for the first time in four months. Market observer Ash Crypto noted that ETH is repeating a setup that was seen once before during the last bear market. “Back in June 2022, ETH broke through every support level and crashed to $880. Everyone gave up on it. That turned out to be the exact bottom of the whole bear market,” he wrote. This time, Ethereum has retraced 68% from its 2025 peak and broken through every support level after losing the 200-week Moving Average (MA), which sits around $2,471. Now, the next key support to watch is at $1,500, which could determine whether ETH repeats its previous playbook. Related Reading: Bitcoin’s Worst Week Of 2026 Is Happening Right Now — QCP Explains Why The Bottom Isn’t In Yet If ETH holds $1,500, the market watcher believes that the setup could play out exactly like in 2022, which led to a 5x over the next 18 months. On the contrary, if Ethereum loses the $1,500 in the weekly timeframe, he suggested the price could fall all the way to the $1,000 area, where the next major support zone is located. As of this writing, ETH is trading at $1,687, a 4.8% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Zcash has completed a two-phase emergency network upgrade to fix a critical vulnerability in its Orchard shielded pool — a flaw that sat undetected for four years, could theoretically have allowed unlimited undetectable counterfeit ZEC creation, and triggered a 50% price collapse before the network’s swift response began restoring confidence and driving a recovery in ZEC’s price. Related Reading: Analyst Charts Ethereum Long-Term Roadmap To $16,000 – There’s No Need To Panic Josh Swihart, CEO of Electric Coin Company — the primary developer of Zcash — posted on X on June 7 confirming the fix was complete and the network secure, as ZEC began its recovery from the lows reached after the vulnerability’s disclosure. The post arrived at a critical moment for the asset: ZEC had crashed approximately 50% from a June 4 peak of $624 to $309 on June 5, wiping more than $3 billion from its market capitalization, per the BitMEX Blog’s documented timeline of the incident. ZEC's price trends to the upside over the past 48 hours, as seen on the daily chart. Source: ZECUSD on Tradingview How The Zcash Bug Was Found — And What It Was The vulnerability was discovered on May 29, 2026 by security researcher Taylor Hornby during a protocol audit commissioned by Shielded Labs. Hornby identified a “soundness” flaw in Zcash’s Orchard zero-knowledge proof circuit — specifically an under-constrained element in the Orchard Action circuit that could allow invalid state transitions, creating a theoretical double-spending risk within the shielded pool. The discovery was made using Anthropic’s Claude Opus 4.8 AI model alongside a custom analysis suite, per Shielded Labs’ official disclosure. Hornby and the AI developed a working proof-of-concept that successfully generated unlimited, completely undetectable counterfeit ZEC in a local test environment — described by one independent analyst as “about the worst kind of bug a cryptocurrency can have,” per Yahoo Finance’s reporting of the disclosure. Critically, the flaw did not permit inflation of the total ZEC supply on the live network. Zcash’s internal turnstile accounting mechanism — which tracks the total value moving into and out of the shielded pool — confirmed no unauthorized value creation occurred while the flaw was active, per Shielded Labs’ official statement. However, the organization acknowledged directly that due to the privacy properties of Orchard and the nature of the bug, there is no definitive cryptographic way to determine whether exploitation occurred — a limitation inherent to the shielded pool’s design that became its own source of market concern. The vulnerability had been present since Orchard’s activation in May 2022 — four years — without detection. The Emergency Response Zcash’s development ecosystem responded with unusual speed. The first phase was an emergency soft fork deployed through Zebra 4.5.3, activated at block 3,363,426 on June 2, which temporarily disabled all Orchard transactions to remove the attack path while developers prepared the permanent fix. Transparent and Sapling transactions continued operating normally throughout, per the Zcash Foundation’s official announcement on X. The second phase arrived on June 3 through the NU6.2 hard fork — activated at block 3,364,600 via Zebra 5.0.0 — which introduced a corrected circuit and a new verifying key, patching the flaw and re-enabling Orchard transactions, per the Foundation. The market’s initial reaction to the hard fork was positive. ZEC rose from $544 on June 2 to $603 on June 3, continuing to $624 on June 4 — its highest level since the rally began. Then Arthur Hayes publicly disclosed he had exited his entire ZEC position intraday on June 4 — the same day as the peak — citing five macro factors including higher energy prices and upcoming AI IPOs, per his X post covered in prior reporting. The combination of Hayes’ exit and lingering uncertainty about whether exploitation had occurred before the patch sent ZEC to $309 on June 5. The Recovery And What It Means Swihart’s June 7 X post — reassuring the community that total ZEC supply remained intact throughout and that the network had passed through the emergency without confirmed exploitation — appears to have been the catalyst for the recovery now underway. The swift two-phase response, combined with the Foundation’s transparent disclosure and Swihart’s direct communication, provided the confidence signal the market needed. This development marks a pivotal and genuinely uncomfortable moment for Zcash’s long-term positioning in the nascent sector. A four-year-old vulnerability in the Orchard pool — the very component that defines ZEC’s core privacy value proposition — has been fixed cleanly and without confirmed exploitation. Related Reading: Has The Bitcoin Price Crash Ended Or Is This Just The Beginning? Analyst Answers But the structural irony that the privacy properties that make Zcash valuable also make it impossible to confirm the vulnerability was never used will remain a question mark the community will need to address as the recovery continues. As of this writing, ZEC trades at around $430, recovering from its June 5 lows as confidence in the network’s security response gradually rebuilds. Cover image from Grok, ZECUSD Chart from Tradingview
Ethereum price started a recovery wave above the $1,620 zone. ETH is now consolidating and struggling to continue higher above the $1,700 resistance. Ethereum started a recovery wave above the $1,620 zone. The price is trading below $1,680 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $1,685 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $1,700 zone. Ethereum Price Fails To Extend Recovery Ethereum price started a recovery wave above the $1,520 zone, like Bitcoin. ETH price was able to surpass and settle above the $1,620 resistance. The price surpassed the 23.6% Fib retracement level of the downward move from the $2,005 swing high to the $1,505 swing low. However, the bears remained active near the $1,700 resistance. As a result, there was a fresh bearish reaction. Besides, there was a break below a bullish trend line with support at $1,685 on the hourly chart of ETH/USD. Ethereum price is now trading below $1,680 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,650, the price could attempt another increase. Immediate resistance is seen near the $1,680 level. The first key resistance is near the $1,700 level. The next major resistance is near the $1,750 level or the 50% Fib retracement level of the downward move from the $2,005 swing high to the $1,505 swing low. A clear move above the $1,750 resistance might send the price toward the $1,800 resistance. An upside break above the $1,800 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $1,840 resistance zone or even $1,880 in the near term. Downside Continuation In ETH? If Ethereum fails to clear the $1,700 resistance, it could start a fresh decline. Initial support on the downside is near the $1,650 level. The first major support sits near the $1,620 zone. A clear move below the $1,620 support might push the price toward the $1,580 support. Any more losses might send the price toward the $1,550 region. The main support could be $1,500. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $1,650 Major Resistance Level – $1,700
Dogecoin (DOGE) bounced back on Monday in a modest relief rally, climbing to about $0.086 after sliding to a multi-year low of $0.077 over the weekend. But when looking for clues on where the memecoin might go next, market analyst Ali Martinez released a technical update arguing that DOGE is sitting at a “critical structural inflection point.” In his view, the next phase could follow one of two clear paths, shaped by both higher-timeframe chart patterns and on-chain activity. Is A Macro Expansion Cycle Next? Martinez said Dogecoin is currently resting on a broad demand base that has historically supported major macro expansion cycles. He framed the setup as more than just a short-term rebound, pointing to long-running structural behavior. According to his analysis, since DOGE’s early days, the asset has tended to move through extended, multi-year consolidation channels—periods that compress volatility and effectively “transfer” supply over time. Those phases, he argues, typically come before larger structural bull markets. Related Reading: Has The Bitcoin Price Crash Ended Or Is This Just The Beginning? Analyst Answers Martinez says that, at the moment, Dogecoin is testing a specific technical area at $0.081, which is slightly lower than the current trading price. This level corresponds to the lower mid-range boundary of an active five-year parallel channel. The analyst emphasized that this key chart level has support behind the scenes on-chain. He referenced the UTXO Realized Price Distribution (URPD), which tracks the exact price levels where the tokens in circulation last moved. In Martinez’s description, there is a major cluster around $0.081: over 30 billion Dogecoin tokens were last transacted at roughly that same coordinate. The result, he says, is a large concentration of historical exposure that often becomes a psychological and financial “wall of defense,” making the area difficult for sellers to push through. Two Scenarios For Dogecoin When identifying the key levels to watch next, Martinez highlighted the $0.081 level, an active area where the URPD volume cluster overlaps with the channel mid-range. The second level is $0.058, which he calls the multi-year absolute channel floor. He then outlined two scenarios for what could happen next. Under Scenario A, the $0.081 volume block continues to absorb the market’s supply. If that support holds, Martinez believes the structure favors a steadier rebound and expansion back toward higher channel targets. Related Reading: XRP To $1 Or A Violent Reversal? Analyst Says Liquidity Setup Is Flashing Scenario B is more cautious. Martinez said that if macroeconomic headwinds intensify and Dogecoin closes weekly below $0.081, the chart structure would shift into what he called an extended valuation reset. In that case, the token could be pushed toward the lower portion of the macro channel, taking it directly to the $0.058 support floor—the multi-year level he highlighted as the ultimate baseline, which would also mean an additional 32% drop for the memecoin. Featured image created with OpenArt; chart from TradingView.com
Bitcoin price started a recovery wave above the $62,500 zone. BTC is consolidating and might aim for more gains if it clears the $64,000 resistance zone. Bitcoin started a recovery wave and climbed above $62,000. The price is trading above $62,200 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $62,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it settles above the $64,000 zone. Bitcoin Price Recovery Faces Resistance Bitcoin price remained supported above the $60,500 zone. BTC formed a base and settled above $61,500 to start a recovery wave. There was a move above the $62,200 and $62,500 levels. The price even surpassed the 23.6% Fib retracement level of the downward move from the $74,100 swing high to the $59,106 low. However, the bears seem to be active near $64,000. The price is again moving lower below the $63,200 level. Bitcoin is now trading above $62,500 and the 100 hourly simple moving average. Besides, there is a bullish trend line forming with support at $62,500 on the hourly chart of the BTC/USD pair. If the price remains stable above $62,500, it could attempt a fresh increase. Immediate resistance is near the $63,500 level. The first key resistance is near the $64,000 level. A close above the $64,000 resistance might send the price further higher. In the stated case, the price could rise and test the $65,500 resistance. Any more gains might send the price toward the $66,500 level or the 50% Fib retracement level of the downward move from the $74,100 swing high to the $59,106 low. The next barrier for the bulls could be $68,000. Downside Continuation In BTC? If Bitcoin fails to rise above the $64,000 resistance zone, it could start another decline. Immediate support is near the $62,500 level. The first major support is near the $62,200 level. The next support is now near the $61,500 zone. Any more losses might send the price toward the $61,000 support in the near term. The main support now sits at $60,000, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $62,500, followed by $62,000. Major Resistance Levels – $64,000 and $65,500.
After long years of muted performance, the XRP price had rebounded in 2024, pushing close to its $3.8 all-time high, but not quite hitting the mark. This comes after the legal battle with the United States Securities and Exchange Commission (SEC) ended in 2024, triggering a wave of recovery. Since then, though, the XRP price seems to have hit a ceiling and has been on a downtrend for over a year. This has pushed the price toward $1, an over 60% decline from its 2024 peaks. Despite this, predictions continue to pour in that the price moving above $10 is only a matter of time as XRP continues to be one of the most popular cryptocurrencies in the space. The XRP Dream Has Changed From $1 Crypto analyst Crypto Patel took to the X (formerly Twitter) platform to explain where the investor mindset is sitting at now and how the dream seems to have changed. Pointing to historical performance, the analyst recalls how the dream was for XRP to actually reach $1 back when it was trading at around $0.003 back in 2017. Related Reading: Bitcoin’s Worst Week Since FTX Raises The Question: Is The Bottom Already In? However, in an interesting twist, the level that was the dream for every XRP holder back then has now become a level at which many are lamenting about. Instead of joining this train of complaint, though, Crypto Patel points out that even the current level is a major step up from where the XRP price used to be. Sitting above $1 right now, it means that the XRP price has staged an over 37,000% rally from its lows. Thus, what is being seen as a decline could also be a cause for celebration, depending on the perspective that investors are looking at it from. When To Start Buying Again With the sentiment around the current level beating down investors, the crypto analyst is looking at lower levels to begin accumulating the cryptocurrency again. The highest accumulation zone from here sits at $1, which would be an over 10% decline from the price at the time of this report. Related Reading: Analyst Predicts When Bitcoin Price Will Reach $100,000 In 2026 Then moving further downward, the crypto analyst believes that the XRP price could fall as low as $0.6. This would then put the accumulation zone between $0.6 and $1, meaning that the bottom is expected to be reached around these two levels. Nevertheless, the analyst says that the play for $10 remains intact even now. Mostly, it is a matter of time and patience when it comes to how high the XRP price could go. But the bullish narrative over the long-term continues to prevail. Featured image from Dall.E, chart from TradingView.com
A cryptocurrency analyst has highlighted how the $0.90 XRP level aligns with the support level of a long-term pattern in the asset’s monthly price. XRP Has Potentially Been Following A Long-Term Ascending Triangle In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) channel forming in the 1-month price of XRP. The pattern in question involves two trendlines: a flat upper level and an upward-facing lower level. A channel involving converging trendlines like this is popularly known as a triangle. In the case of this particular triangle, the setup resembles that of a specific type: the Ascending Triangle. The fact that the lower level has a positive slope means that as the price trades inside an Ascending Triangle, its range shrinks to a net upside. This is the reason behind the pattern having “ascending” in its name. Related Reading: Newbie Bitcoin Whales Took $1.77 Billion In Loss During Price Crash: Data Like with other consolidation patterns in TA, the upper level of the Ascending Triangle is considered to be a source of resistance, while the lower one that of support. If the asset manages to break past either of these boundaries, it might experience a continuation of trend in that direction. Now, here is the chart shared by Martinez that shows the Ascending Triangle that the monthly price of XRP has been trading inside for the last few years: As displayed in the above graph, the 1-month XRP price retested the resistance level of the Ascending Triangle last year and ended up being rejected down. Since then, the cryptocurrency has experienced a notable drawdown, with its price now closer to the bottom level than the top one. In the chart, the analyst has extended the current trajectory of the asset to showcase a path that it could possibly end up following in the coming months. From this, it’s apparent that XRP could end up retesting the lower level around $0.90. “I’m watching $0.90 closely on $XRP,” noted Martinez. “If price gets there, I think it could offer a compelling long-term buying opportunity.” It now remains to be seen whether the current bearish trajectory of the cryptocurrency will continue for a duration long enough for this level to be retested. Related Reading: Dogecoin Tests Channel Floor Again: Breakdown Or Rebound? Triangles aren’t the only class of consolidation patterns in TA. Another major category is made up of Parallel Channels, patterns that involve two parallel trendlines. As the analyst has pointed out in another X post, Ethereum has been trading inside one such channel on the weekly timeframe. As is visible in the chart, Ethereum has traveled 75% of the way down the channel with its recent drawdown. The next relevant level is located at $1,096, corresponding to the bottom trendline. XRP Price XRP went down to a low of $1.05 earlier, but its price has since bounced back a bit to $1.15. Featured image from Dall-E, chart from TradingView.com
Coinbase’s head of institutional strategy, John D’Agostino, says large investors are not retreating from Bitcoin’s latest selloff, even after the asset fell below $60,000 for the first time since October 2024. Speaking on CNBC’s Squawk Box on June 8, D’Agostino said institutional investors, family offices and sovereign-linked buyers are treating the drawdown as an opportunity to accumulate rather than a reason to exit. The remarks came during a discussion about whether Bitcoin’s decline toward the $59,000 area could hold as support, with CNBC’s Joe Kernen noting concerns that a deeper break could open the door to a much larger move lower. D’Agostino declined to make a direct price call, saying he does not want to offer investment advice, but pointed to the behavior of long-term allocators he speaks with through Coinbase’s institutional business. “What I can tell you is I have the luxury of speaking to institutional investors. They’ve put months and years into looking at this asset class. So when they do that and it’s cheaper, they like it,” D’Agostino said. He added that some investors have defined price targets, while others are focused on long-term accumulation. According to D’Agostino, recent conversations in the Middle East suggest that major buyers are comfortable with the decline. Related Reading: Bitcoin’s Worst Week Of 2026 Is Happening Right Now — QCP Explains Why The Bottom Isn’t In Yet “I just got off a plane from the Middle East. And I can tell you that the family offices in the UAE and the government and sovereign funds that I’m putting the effort into buying this asset class are not unhappy at being able to buy it at a discount.” Coinbase Exec Points To Stronger Bitcoin Infrastructure D’Agostino’s core argument was not that Bitcoin’s price had necessarily found a floor, but that the institutional market around the asset is materially stronger than in prior drawdowns. He said Coinbase is seeing the “institutional piping” that supports Bitcoin and other crypto assets continue to develop through both bullish and bearish market environments. Compared with previous CNBC appearances during stronger price conditions, he said the market now has a “shockingly stronger level of infrastructure.” That infrastructure, he argued, is what many institutional investors are focused on when assessing whether Bitcoin is becoming a more durable long-term allocation. He also pointed to spot ETFs as evidence that retail and institutional demand has not collapsed alongside price. D’Agostino said there is still roughly $100 billion of Bitcoin ETF exposure, describing the products as “very, very new.” Despite Bitcoin being down almost 50% from its peak, he said retail interest has seen only about a 15% drawdown. “So I think both retail and institutional are signaling this is a long term asset you want to hold,” he said. Macro Pressure, Leverage And Market Structure Asked to explain the selloff, D’Agostino said Kernen had identified the main consensus factors: risk-off positioning, investors selling liquid assets to fund other opportunities, higher-for-longer interest rates, weaker support for the debasement trade and uncertainty around regulatory clarity. He did not frame those pressures as irrelevant, but argued that volatility is a feature of long-duration commodity-like assets. Related Reading: Bitcoin Crash To $30,000? China Mining Giant Says Strategy Can Survive “Volatility is a funny thing, right? If I told you a year ago, we’d be 100 days into a war with Iran with the Strait of Hormuz being closed and no clear sight of line to it being open. Would you think that crude would still be trading under 100 bucks a barrel?” D’Agostino said. He said his background leads him to think of Bitcoin as a commodity-style asset, where volatility can come and go while long-term demand remains intact. He also pointed to pending policy work in Washington, saying that market structure and tax reform may be unexciting topics but could be important for institutional adoption. “We have seven bills circulating that will do great things for the institutional piping that supports Bitcoin and other crypto assets,” he said. On leverage, D’Agostino said he is not aware of any large institutional Bitcoin holders that are “horrifically over levered” at levels close enough to create a specific forced-selling threshold. He contrasted that with retail traders on offshore exchanges, where extreme leverage can result in rapid liquidations during liquidity shocks. “For some of the larger entities that hold Bitcoin with leverage, they seem to have an endless ability to go into the market and bring in more capital to support their buying activities,” he said. D’Agostino closed by saying he is not seeing institutional panic. Instead, he said large allocators are evaluating the cheapest ways to raise new capital and increase exposure to an asset they “loved at $125k,” “liked at $100k” and “love even more at $65k.” At press time, BTC traded at $63,345. Featured image created with DALL.E, chart from TradingView.com
XRP is trying to reclaim the $1.15 level after a decline that carried the price to its lowest point since 2024 — a drop that has erased months of recovery progress and left holders navigating a market structure that offers little immediate clarity on direction. The price is attempting a bounce — and an Arab Chain analysis tracking Binance volume activity has identified a signal in the trading data that adds important context to both the recent decline and the current recovery attempt. Related Reading: Why Did Bitcoin Crash? On-Chain Data Points To One Missing Ingredient The XRP Volume Z-Score on Binance — which measures how far current trading activity deviates from the 30-day average — surged to approximately 4.5 points in recent days, its highest reading in four months. A Z-Score at that level describes trading activity running dramatically above the recent baseline — the kind of volume surge that typically accompanies significant price events, forced liquidations, or large-scale repositioning by major participants. The surge was short-lived. The index retreated sharply from the 4.5 peak and has since fallen to approximately -0.70 — a reading that places current trading activity below the 30-day average rather than above it. The exceptional activity spike appeared, drove the price action, and then dissipated as quickly as it arrived. Arab Chain’s analysis examines what the sequence — sharp volume surge followed by rapid normalization — reveals about the nature of the recent XRP decline and whether the current recovery attempt has the trading activity behind it to sustain above $1.15. Volume Spiked While the Price Fell The Arab Chain analysis connects the volume surge directly to the price decline. Clarifying the nature of the selling that drove XRP to its lowest level since 2024. The Z-Score reaching 4.5 points while the price was falling to approximately $1.13 describes a specific market dynamic. Elevated participant activity concentrated on the sell side rather than the buy side. Driving volume higher precisely because transactions were being executed at scale in the downward direction. Binance XRP Volume Z-Score | Source: CryptoQuant The analytical interpretation the report applies is straightforward. A sharp rise in trading volumes alongside a price decline typically signals one of two conditions. Accelerated selling pressure from participants choosing to exit at whatever price the market offers, or large-scale repositioning as significant holders restructure their XRP exposure in response to changing market conditions. Both produce the same observable outcome — volume spikes while price falls — but carry different implications for what follows. The volatility context the analysis identifies is the forward-looking element worth monitoring. Elevated volume activity coinciding with sharp price movements has historically been followed by continued volatility rather than immediate stabilization. The repositioning or selling that drove the initial volume surge tends to create aftershocks as the market adjusts to the new supply-and-demand balance established by the high-volume session. XRP, attempting to reclaim $1.15 in the aftermath of a 4.5 Z-Score volume event, is attempting recovery in a market structure that has just been fundamentally repriced. And the speed at which volume normalized below the 30-day average suggests the exceptional activity has completed rather than paused. Related Reading: Solana Treasury Bet Turns Sour: Firm Sits On $1.13B Unrealized Loss XRP Price Testing Fresh Lows XRP is attempting to stabilize around the $1.15 level after one of its deepest corrections since the 2024 breakout. The weekly chart shows that sellers have erased nearly all of the gains generated during the first half of 2025. Pushing the asset back toward a critical long-term support zone. XRP testing the 200-week SMA | Source: XRPUSDT chart on TradingView The most important technical development is XRP’s test of the 200-week moving average, currently sitting around $1.10–$1.15. Historically, this moving average has acted as a major trend-defining level. And the current weekly candle is attempting to hold above it despite the recent wave of selling pressure. Losing this level would significantly weaken the broader structure and expose XRP to a move toward the psychological $1.00 mark and potentially the $0.85–$0.90 region. Related Reading: HYPE Defies Market Selloff As Whales Withdraw Another $108M From Exchanges From a trend perspective, XRP remains bearish. Price trades below both the 50-week and 100-week moving averages, while those averages continue sloping downward. The rejection from the $1.40–$1.50 area in recent weeks confirmed that sellers remain in control and that recovery attempts are still being sold into. For bulls, reclaiming $1.30 and then $1.50 is necessary to begin rebuilding momentum. Until then, the focus remains on whether XRP can defend the 200-week moving average and prevent a deeper breakdown below $1.10. Featured image from ChatGPT, chart from TradingView.com
Bitcoin (BTC) has climbed back above the $63,000 level after falling to its lowest point since 2024 last week. Even so, two AI models analyzed by CCN suggest that the path ahead for BTC is likely to remain uneven, with multiple outcomes depending on how macroeconomic signals and market positioning develop. Bitcoin Outlook Under ChatGPT […]
Ethereum has reclaimed the $1,650 level after the most significant drop of recent weeks carried the price to approximately $1,520 — a low that tested the structural conviction of holders across every category and time horizon. The recovery is tentative but real — and CryptoQuant data has identified a development in the exchange reserve data […]
Bitcoin has reclaimed the $63,000 level after losing the $60,000 mark last Friday in a breakdown that forced the most significant reassessment of market structure since the February lows. The recovery is tentative but meaningful — and XWIN Research Japan has published an analysis that addresses the question now circulating across every corner of the […]
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Retail capitulation pushes XRP into Santiment's 'Fair Buy' zone at -8% ahead of crucial Clarity Act voting.
Cardano founder Charles Hoskinson has boldly claimed that his blockchain is uniquely equipped to become the foundational operating system for the globe.
XRP and much of the broader crypto market managed a short-lived bounce on Monday after last week’s sharp drop to around $1.04. The recovery, however, comes with fresh cautions hanging over the token. Alex Carchidi, expert from The Motley Fool, argues that two important XRP-related metrics have turned notably bearish over the last 30 days. If the situation does not improve soon, he warns, it could undermine the argument that XRP is the “go-to” way to gain exposure to institutional activity in the tokenization market. Two Bearish Signals Emerge Carchidi points first to the XRP Ledger’s (XRPL) role in tokenized assets. He notes that the chain is holding about $384.5 million in tokenized assets, which is down 11% over the 30 days ending on June 5. Just as importantly, Carchidi says this breaks a prior stretch in which the value of tokenized assets on the network had been rising more steadily. The decline is not happening in isolation either. Alongside the drop in tokenized asset value, XRPL’s share of the overall tokenized-asset market has slipped to just over 1%, while tokenization activity on other chains appears to be picking up pace. Related Reading: XRP To $1 Or A Violent Reversal? Analyst Says Liquidity Setup Is Flashing The second metric Carchidi highlights is even more concerning. According to his report, the XRPL’s 30-day tokenized asset transfer volume has fallen 59% to roughly $54.1 million. In his view, this is the kind of slowdown that matters because inactive or stagnant tokenized assets don’t generate the economic “motion” that a blockchain ecosystem depends on. Carchidi argues that when tokenized assets stop moving, it suggests asset managers may be holding positions rather than deploying capital to generate yield. Conditional Warning For XRP Carchidi frames the issue in practical terms. If tokenized assets are not being transferred, he says the network’s economy is not demonstrating its value, which can weaken the bullish case for XRP in the tokenization narrative. In other words, the problem isn’t simply that tokenized assets are lower in value—it’s that the activity associated with those assets appears to be fading. Still, Carchidi also acknowledges that the picture is not uniformly bleak. He points to growth in other parts of the XRPL ecosystem during the same 30-day window. Specifically, real-world asset (RWA) holders on the XRPL rose 275%, bringing the total to 105 holders. At the same time, stablecoin transfer volume increased by 118%, reaching $4.5 billion. That contrast, Carchidi suggests, indicates that capital is still flowing through the network, just not as much through the tokenized asset pipeline that investors watch most closely. Because of that, he does not present the decline in tokenized asset transfer volume as an immediate “fire alarm.” Related Reading: Ripple Partner Bank of America Unveils Global Payments Expansion Strategy His warning is conditional: if tokenized asset metrics continue to shrink over the next quarter or so—especially if outflows accelerate or volume falls even faster—then the bullish thesis for XRP tied to tokenization institutional positioning could face a serious credibility problem. For now, the recovery after $1.04 to current trading levels around $1.18 may be a step up for sentiment, but the broader tokenization indicators remain the key question for what happens next. Featured image created with OpenArt; chart from TradingView.com
RippleX Developers said formal verification work on the XRP Ledger is moving from the long-running Payment Engine to newer native DeFi protocols, including Single Asset Vault and the upcoming Lending Protocol, marking a shift toward proving protocol correctness before high-stakes features are shipped. In a June 8 post, Vito Tumas, writing for RippleX Developers, said […]
Over 200 crypto organizations sent a letter to Senate Majority Leader John Thune and Senate Minority Leader Charles Schumer, urging the lawmakers to advance the long-awaited market structure bill, known as the CLARITY Act. Related Reading: China Banned Bitcoin — Then One Of Its Highest Courts Just Ruled It’s Protected Property Crypto Industry Pushes For […]
Bitcoin treasury firm Strategy has already more than made up for last week’s 32 BTC sale as it has announced a new major acquisition. Strategy Has Just Added To Both Bitcoin And USD Reserves In a new post on X, Strategy co-founder and chairman Michael Saylor has shared details related to the latest Bitcoin acquisition […]
Despite the Bitcoin crash to $59,000 triggering extreme fear across the crypto market, not everyone is worried about the move. For some, this move was expected and means that the cryptocurrency’s price is actually going according to plan. One of those who sees this move as a good thing is crypto analyst Alex Mason, who […]
Inside Vito Tumas's blueprint for XRPL and what the next-gen security upgrade means for XRP.
Michael Saylor’s Strategy has spent $101 million buying Bitcoin’s dip despite suffering about $12 billion in paper loss amid the market volatility.
A dormant Shiba Inu coin address just absorbed 400 billion SHIB from a Gnosis multisig vault, boosting its total portfolio value to $1.89 million.
XRP Ledger shaves off a substantial percentage of its active users, which might be a positive signal though.
Shiba Inu’s exchange flow has flipped bullish as onchain data shows that traders have bought more SHIB tokens than they have sold in the last 24 hours.
XRP begins June with a bullish technical setup toward $1.37 ahead of a July 4 Senate vote.
Shiba Inu's state isn't bullish, but at the same time the recovery is more than a possibility.
The market is unwell, but the fact that most of it is extremely oversold creates a lot of opportunities for investors.
Shytoshi Kusama broke weeks of silence on X following an update to his bio.
As DOGE price dips to $0.086, a hidden 29% ETF surge shows institutions are positioning for $0.1 recovery ahead of SpaceX IPO on Friday.
Zcash fell to a low of $250 and has significantly rebounded from this price level.
Bitcoin is actually cheap, suggests strong market indicator.
A senior official has indicated that critical behind-the-scenes progress is being made on the Digital Asset Market Clarity Act.
Cryptocurrency adoption in the United States holds steady at 19%, but a new Pew Research Center survey reveals a widening partisan gap.
Canadian mining billionaire and vocal gold advocate Frank Giustra has mocked the cryptocurrency community's lofty price targets.
Dave Portnoy urges Michael Saylor and MicroStrategy to keep buying Bitcoin as he suffers million-dollar losses on his crypto portfolio, including XRP and MSTR stock.
U.S. Senator Cynthia Lummis is urgently pushing for a full Senate floor vote on the Digital Asset Market Clarity Act.
Strategy’s Michael Saylor has ignited rampant market speculation with a cryptic "32?" post on X, leading both fervent supporters and harsh critics to predict an imminent, massive "buy-the-dip" announcement.
Real Vision Chief Crypto Analyst Jamie Coutts says Bitcoin is moving into a more attractive long-term setup, but a major US Treasury refinancing wall may still stand between the market and a durable bullish reversal. In a post on X, Coutts said Bitcoin’s long-term technical backdrop is beginning to resemble the kind of structure that […]
Michael Saylor hints at new Bitcoin buys as Strategy faces a massive $12B paper loss, making the market discuss how they will fund the next wave.
XRP eyes a $1.50 breakout, 1.9T SHIB exits exchanges, and the SpaceX IPO drains Bitcoin, while the Bitwise CEO warns institutional indifference threatens the industry.
XRP breaks the important threshold that can push bears back to their place.
Shiba Inu community gets major status update as SHIB platform gets fix implemented.
This follows as the focus shifts to real-world utility for Dogecoin.
The last time Cardano had a death cross on its weekly chart was in December 2022.
Ripple Chief Technology Officer Emeritus David Schwartz has addressed growing speculation within the community regarding the eventual depletion of the company’s massive XRP escrow accounts.
Ethereum whales are making a substantial comeback that pushes bears further away.
As Zcash (ZEC) developers race to deploy the Ironwood upgrade following a critical vulnerability, Ripple's David Schwartz explains why passive holders remain safe.
Pressure on Shiba Inu is immense if you combine all exchange netflows throughout the week.
Bloomberg's Mike McGlone has issued a dire warning for the cryptocurrency market, predicting that a looming macroeconomic "hangover" could send Bitcoin crashing to $10,000.
Vocal gold advocate and financial commentator Peter Schiff has branded the Bitcoin community a "cult."
With XRP pushing into extreme oversold zones, trader Bob Loukas reveals why a 50% crash is still on the table after a local bounce.
A long-dormant cache of 47.26 Bitcoin from 2011 has suddenly moved on-chain.
XRP’s $1 level could be defining point for Its next move.
BlackRock returns to the selling scene just a day after making the first Bitcoin purchase in nearly three weeks. This time, it sold $213 million worth of Bitcoin.
Zcash fell to a low of $250 following a two day drop before rebounding.
Bitcoin fell to $59,073, its lowest price level since October 2024 before slightly rebounding near $60,000.
After Claude AI exposed a flaw causing a 46% Zcash crash, investors fear an XRP dump.
The market is not ready to accept enough of support from bullish investors, despite the relatively calmer performance.
A large amount of Ethereum transfer has been traced to Ethereum’s co-founder, Joseph Lubin in a suspected sell-attempt as price volatility continues to intensify.
Ripple CTO emeritus David Schwartz outlines XRP's future beyond payments.
Shiba Inu faces renewed selling pressure as traders rapidly unwind leveraged positions and risk appetite continues to fade.
Shiba Inu bearish sentiments appears to be easing as its latest futures activity shows renewed interest in the SHIB derivatives market despite continued volatility.
The Shiba Inu burn rate increase follows a week of selling, with major cryptocurrencies reaching their weakest levels in months.
XRP ETFs have recorded the lowest weekly inflow since the past five weeks as momentum begins to slow in the new month and lesser capital entering into the product.
Bitcoin has plunged below the $60,000 mark for the first time since 2024, crashing through its 200-week moving average.
Peter Schiff dismisses claims that Bitcoin’s ongoing price dip was influenced by Strategy’s recent 32 BTC sale, noting that there’s more to it.
With Strategy's portfolio down $10 billion, Michael Saylor reveals the 4 rival factions that will ultimately decide whether Bitcoin survives the AI rotation.
Ripple’s David Schwartz laid out an ambitious roadmap for the XRP Ledger.
Dogecoin founder presents a simple but timely question to the crypto community as Bitcoin price drops near $61,000.
The privacy coin Zcash (ZEC) has plummeted 60% following the revelation of a critical vulnerability that could have allowed attackers to mint an infinite supply of counterfeit tokens.
XRP's market activity is being pushed through, despite the relatively calmer market environment.
BlackRock sees fresh capital intake for the first time in thirteen days as Bitcoin finally sees renewed institutional growth despite plunging deeper in trading price.
Shiba Inu's market performance is hard to overestimate: funds are not flowing in.
XRP Ledger teases native privacy standard XLS-0096, addressing the hidden risks that just triggered a major 46% crash in Zcash.
Cardano (ADA) has plummeted below $0.16 for the first time since December 2020 following a shocking announcement from founder Charles Hoskinson that he is "taking a break" amid an impending "wave of failures" across the ecosystem.
Prominent economist Robin Brooks has declared that gold's days as a reliable safe-haven asset are officially over.
As SHIB drops 15%, a dormant whale broke a 10-month silence to move 400B tokens via a BitGo smart contract.
Ripple software engineer drops exciting clue as key XRP Ledger release nears.
After predicting XRP's historic 700% rally, DonAlt breaks silence on why corporate noise and AI exploits ruined crypto trading.
One of the most outrageous failures in the history of privacy tech just got confirmed.
The market's momentum is negative, which is very unlikely to cause a substantial recovery.
Strategy has suffered losses of over $7 billion as about 74% of its total Bitcoin holdings are currently held at a loss with Bitcoin sliding below $65,000.
Shiba Inu might stabilize sooner than anticipated as pressure from SHIB on exchanges is descending.
Bitcoin’s selling pressure intensifies after the asset slid below the critical $65,000 level, sparking fear among traders as analyst spots the next support level at around $50,000.
Charles Edwards warns a 28% quantum discount is suppressing Bitcoin price discovery due to developer inertia.
Charles Schwab has significantly expanded its footprint in the digital asset derivatives market by launching 24/7 cryptocurrency futures trading on its popular thinkorswim platform.
Despite the local success of assets like Near, the rest of the cryptocurrency market is clearly struggling.
The financial world is harshly scrutinizing Michael Saylor's Strategy Inc. after the company recorded a historic $10.8 billion unrealized loss on its Bitcoin holdings.
Dave Portnoy refuses to sell his XRP and Bitcoin holdings despite a massive crash, revealing a million-dollar reason keeping him in the crypto market.
Bitcoin current price action suggests unusually strong sell pressure despite Satoshi-Sized BTC stack being absorbed in the market.
Despite the dip, large investors are as active as ever.
Bankless co-founder Ryan Sean Adams has warned that the network is fundamentally a "failed project" unless ETH serves as a trillion-dollar global store of value.
Investment advisor Ross Gerber has fiercely criticized Michael Saylor for a perceived market "rug pull" after Strategy Inc. sold 32 Bitcoin, breaking the firm's famous "never sell" pledge for the first time since late 2022.
Michael Saylor attributes the recent Bitcoin drawdown to a $400 billion capital rotation into AI infrastructure, framing the crypto market collapse as a temporary squeeze.
This mirrors a similar trend in the past month, drawing attention.
Schwartz defends XRP's $1.14 slide, ADA hits 5-year low as Hoskinson steps away, and Coinbase SpaceX futures signal AI drain.
XRP might lose the historic threshold way sooner than anticipated.
Legendary chartist Peter Brandt has predicted that Bitcoin could suffer a devastating "terminal wash-out" with no market bottom in sight until October.
Mastercard has announced plans to expand its global network capabilities by introducing intraday, holiday, and weekend on-chain settlement with regulated stablecoins like Ripple's RLUSD.
An $18 million liquidation cascade flushes XRP to $1.22, exposing a 1,614% margin imbalance and putting the $0.95 floor in focus.
Canadian mining mogul and billionaire Frank Giustra has fiercely criticized Ark Invest CEO Cathie Wood over her remarkably high price targets for Bitcoin.
Michael Saylor defends Strategy's 843K BTC war chest with 'Back to Work' cry as Bitcoin flushes $792 million in leverage.
Ripple has launched on Mastercard’s global stablecoin settlement platform to allow users explore more options to settle card transactions.
XRP’s historical data suggests that the asset may face further price declines this month as June proves to be one of XRP’s weakest-performing months.
Barry Silbert brings back his viral 1% Bitcoin market cap prediction for Zcash (ZEC) as institutional inflows into Grayscale spike.
Yoshitaka Kitao links the crypto drop to tech IPO liquidity drains, revealing why the US CLARITY Act vote is the ultimate catalyst for Ripple and XRP.
A major digital asset policy push by the Blockchain Association is facing intense scrutiny after critics revealed that many of its "law enforcement" signatories are currently employed as industry insiders at major cryptocurrency firms.
Cardano founder Charles Hoskinson explains what might be at stake amid economic challenges facing the ecosystem.
Despite initial reports, Zcash is fine and didn't go through shutdown and had no issues with block production.