Track market-moving stories before they get noisy

While Bitcoin set numerous records on its journey to an all-time high of $126,000 in 2025, many altcoins remained below their previous peaks.

While many altcoin investors were expecting a major altcoin season like those seen in previous cycles, the rallies did not live up to that expectation.

At this point, expectations for the altcoin season are being reshaped, and this year’s altcoin market may be more selective rather than exhibiting the widespread rallies seen in past cycles.

According to the renowned American magazine Forbes, the largest altcoins by market capitalization—Ethereum, BNB, XRP, Solana, and Tron—are trading, on average, approximately 60% below their all-time highs.

Although the number of cryptocurrency investors worldwide has exceeded 740 million, the altcoin market has not yet fully recovered.

In this context, Forbes’ analysis argues that the new bull run will be led by projects with real-world use cases and profitability. Accordingly, among altcoins, projects with real revenue, an established user base, and clear use cases are attracting, and will continue to attract, relatively more interest.

At this point, Forbes analysts cited Hyperliquid (HYPE) and SOL as examples of these altcoins.

Speaking to Forbes, Jason Lindal, CEO of tokenization company Nebula DeFi, argued that money in the market will first flow into Bitcoin, then into altcoins with large market capitalization like Ethereum and Solana, and finally selectively into altcoins considered to be higher risk.

Speaking to Forbes, Stansberry Research analyst Eric Wade stated that the altcoin season is happening and will continue. However, he said the biggest mistake is treating altcoins as a single asset class.

Avalanche Treasury CEO Bart Smith also took a similar approach, stating that altcoins will not experience a traditional season and that the key questions in altcoin rallies are “What is its purpose and what problem does it solve?”. According to Smith, altcoins that cannot answer these questions will continue to struggle regardless of the macroeconomic environment.

Finally, Bitget CEO Gracy Chen also stated that it might be difficult for a traditional altcoin season to occur in this cycle, as in previous cycles.

*This is not investment advice.

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Author: WOO X Research Team

Welcome to today's Daily Alpha Drop. Our research team has isolated three major high-conviction narratives driving massive market volume today. From infrastructure scaling milestones to landmark regulatory expansions and large-scale private accumulation, these assets showcase immense resilience against choppy macro conditions.

Asset 1: Bittensor ($TAO): Native Interoperability Meets Next-Gen Tech ContendersBittensor ($TAO) continues to build out deep utility layers, shifting from a standalone network to an interconnected decentralized infrastructure titan.

The Momentum Catalyst: THORChain has officially announced a native $TAO integration. This milestone enables completely trustless, decentralized cross-chain swaps without relying on risky wrapped tokens or centralized bridge custodians. Due to this foundation upgrade, top analysts are grouping TAO closely with Render ($RNDR) and Ondo ($ONDO) as premium contenders positioned to lead the next major expansionary phase of the market.The Performance Metrics: TAO is currently trading at $219.24. It holds a robust market capitalization of $2.1B, supported by an active 24-hour liquidity turnover of $176M.Asset 2: Ripple ($XRP): Milestone MiCA Clearances & Flawless ETF InflowsRipple ($XRP) is cementing unprecedented institutional dominance through compliance, separating itself entirely from less regulated competitors ahead of upcoming structural deadlines.

The Momentum Catalyst: Ripple has secured a preliminary Crypto Asset Service Provider (CASP) license under Europe's strict MiCA framework. This green light effectively unlocks fully regulated crypto services for banks, fintech networks, and corporate users across all 30 EEA countries. Simultaneously, the spot XRP ETF market is exhibiting historic demand; products have logged zero net outflow days since March 6, pushing total cumulative net inflows past a staggering $1.45B.The Performance Metrics: XRP is firmly trading at $1.07. It commands a massive market capitalization of $66B with a high-velocity 24-hour trading volume of $2.12B.Asset 3: Hyperliquid ($HYPE): Whale Accumulation Flashes Massive Long-Term SignalsHyperliquid ($HYPE) is asserting itself as an absolute volume black hole, demonstrating incredible relative strength as traders prioritize deep, decentralized on-chain liquidity engines.

The Momentum Catalyst: Large-scale market participants are aggressively staking their long-term claims. On-chain data revealed a prominent whale withdrawing 278K HYPE tokens (worth roughly $17.45M) into a private custody wallet, flashing a strong long-term conviction and supply-sink signal. Even within a broader down-market environment, Hyperliquid continues to aggressively clear massive buyer demand while registering $170B in monthly trading volume across its native order book infrastructure.The Performance Metrics: HYPE is trading at $63.32. The asset features a market capitalization of $14B, backed by a massive daily volume profile of $795M.Final Thoughts: Own the Future, Trade SmartNavigating modern liquidity rotations requires keeping your finger directly on structural data triggers. Whether it's the elimination of cross-chain bridge risks via native TAO integrations or the steady, non-stop institutional bids backing XRP, smart money leaves distinct footprints.Execute your trades across these highly volatile assets utilizing WOO X’s deeply consolidated order book infrastructure to minimize execution slippage and trade with a professional edge.

Trade Smart, Own the Future.

Disclaimer: This research briefing is for informational and educational purposes only and does not constitute financial, trading, or investment advice. Always manage your capital parameters safely.

XRP price prediction: A decline below $1 or bullish reversal – What’s coming?

JFSA regulatory approval marks RLUSD’s official debut in Japan, unlocking access for institutions and retail through SBI VC TradeTOKYO, JAPAN – June 24 , 2026 – Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, together with SBI Holdings, a major Japanese financial services conglomerate, alongside its subsidiary SBI VC Trade Co., Ltd., a licensed Electronic Payment Instruments Exchange Service Provider (jointly “SBI Group”), today announced the official launch and availability of Ripple USD (RLUSD) in Japan. This milestone delivers on the strategic vision outlined in their initial memorandum of understanding (MOU) announced in August 2025 and marks RLUSD’s entry into one of the world’s most sophisticated and forward-looking digital assets markets.

RLUSD’s launch in Japan follows regulatory approval from the Japan Financial Services Agency (JFSA), under which RLUSD is categorized as a new type of electronic payment instrument under Japan’s Payment Services Act, which is intended for foreign-issued stablecoins that ensure the safety and regulatory standards required under Japanese law. RLUSD will be offered to both institutional and retail users through SBI VC Trade’s VCTRADE platform.

"Japan has long been a leader in digital asset adoption, underpinned by both regulatory clarity and financial innovation. This launch marks an important step in expanding access to transparent, regulated USD-backed stablecoins like RLUSD for financial institutions, consumers and businesses in Japan,” said Jack McDonald, Senior Vice President of Stablecoins at Ripple. “Through our collaboration with SBI Group, RLUSD will serve as a bridge for payments, tokenization and collateral management,connecting Japanese businesses and individuals more efficiently to global liquidity. Together, we're helping advance regulated stablecoin adoption across Asia."

"We are truly pleased to announce the launch of support for RLUSD, a U.S. dollar-denominated stablecoin. Ripple and the SBI Group have worked closely together for many years with a shared vision of advancing the future of on-chain finance. The introduction of RLUSD represents a major milestone in our ongoing collaboration and our efforts to drive innovation in digital finance. Looking ahead, we remain fully committed to expanding the range of services built around RLUSD and fostering new use cases that deliver greater value to our customers and the broader market," said SBI VC Trade CEO, Tomohiko Kondo.

RLUSD is an enterprise-grade, USD-backed stablecoin built with trust, liquidity, and compliance at its core. Since its launch in late 2024, RLUSD has reached US$1.7 billion in market capitalization, driven by increasing demand for regulated, enterprise-ready digital assets. Already deployed across multiple markets to enable faster settlements, greater transparency, and more efficient cross-border liquidity, RLUSD is also being actively explored for next-generation applications including programmable trade settlements and supply chain finance.

This builds on a decade-long relationship between Ripple and SBI Group, which have worked together since 2016 to advance digital asset and blockchain-based financial infrastructure across Japan and the broader Asia-Pacific region. Through a series of joint initiatives, the two companies have helped drive innovation in cross-border payments and digital asset adoption. With RLUSD now available through SBI VC Trade, the partnership enters its next phase, bringing a regulated, enterprise-grade stablecoin to one of the world's most sophisticated digital asset markets.

About Ripple

Founded in 2012, Ripple is the leading provider of blockchain-based enterprise solutions across traditional and digital finance. Its solutions span global payments, custody, liquidity, and treasury management, serving as a one-stop shop for moving, storing, exchanging, and managing value. Ripple’s stablecoin, RLUSD, and the cryptocurrency XRP underpinning these solutions allow Ripple and its customers to shape the modern financial system.

About SBI VC Trade

SBI VC Trade, under the slogan “Cryptocurrency is also SBI,” leverages the comprehensive capabilities of the SBI Group, Japan’s largest internet-based financial services group, to provide a full range of cryptocurrency trading services. As a Crypto Asset Exchange Service Provider, Type 1 Financial Instruments Service Provider, and Electronic Payment Instruments Exchange Service Provider, the company operates under a robust security framework. Beyond simply buying and selling crypto assets, SBI VC Trade is expanding into crypto asset management services and corporate-focused services, as well as becoming the first in Japan to begin handling USDC. SBI VC Trade is committed to creating innovative services and businesses rooted in a customer-centric principle.

Media Contacts:

Ripple

Hsueh Mei Tan

[email protected]

PANews June 25 news, according to SoSoValue data, yesterday (Eastern Time, June 24) the XRP spot ETF saw a total daily net inflow of $2.0464 million.

Yesterday, only the Grayscale XRP Trust ETF (GXRP) recorded net inflows, with a single-day net inflow of $2.0464 million, bringing its historical total net inflow to $131 million.

As of press time, the XRP spot ETF’s total net asset value stands at $928 million, with an XRP net asset ratio of 1.39%, and historical cumulative net inflows have reached $1.454 billion.

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Summary

XRP slid 2.8 percent to about $1.07, losing key support at $1.0850 and leaving the token near the lower end of its June trading range.Traders now see $1.05 to $1.07 as the critical support band, with a break lower likely to refocus attention on the psychological $1 level.Analysts say XRP remains in a defensive posture below $1.0850, and that bulls must reclaim $1.10 to show the latest breakdown was only a shakeout.XRP lost $1.0850 during Tuesday’s selloff, then failed to win it back. That leaves the token sitting near the lower end of its June range, with buyers still defending the $1.05-$1.07 area but no longer pushing price far enough to change the tape. Every failed bounce makes $1 look a little closer.

News Background• XRP traded lower alongside a broader crypto market pullback, with CD5 dropping nearly 3% as bitcoin and major tokens came under pressure.

• Analysts continue to frame the $1.05-$1.10 zone as a key support area for XRP, with a break below it likely shifting attention toward the psychological $1 level.

• Longer-term bulls still point to a multi-year falling wedge structure, but near-term price action remains defined by lower highs and repeated failed recoveries.

Price Action Summary• XRP fell from $1.1020 to $1.0708 during the 24-hour session, losing 2.8%.

• The main breakdown came at 13:00 UTC, when volume surged to 117.26 million XRP and pushed price through support at $1.0850.

• Selling later drove XRP to an intraday low near $1.0446 before a modest rebound carried price back toward $1.07.

Technical Analysis• The loss of $1.0850 shifted that level from support into resistance, leaving buyers with another overhead level to reclaim.

• The bounce from the $1.04 area was weak. Price recovered, but volume faded quickly and XRP failed to challenge the breakdown zone.

• The intraday chart continues to show lower highs, with rallies stalling near $1.073-$1.075 before sellers step back in.

• XRP remains stuck in a defensive structure as long as it trades below $1.0850 and keeps revisiting the same support band.

What traders should watch• $1.05-$1.07 is the immediate support zone. Losing it would put $1.00 back in focus.

• $1.0850 is the first recovery level bulls need to reclaim before the chart starts to stabilize.

• $1.10 remains the next resistance area, with failed retests there likely to keep sellers in control.

• A move back above $1.10 would suggest the latest breakdown was another shakeout.

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Ripple (XRP) remains under pressure, trading at $1.06 on Thursday after losing nearly 5% so far this week. Ripple and SBI Group partnered to launch RLUSD stablecoin in Japan following approval from the Japan Financial Services Agency (JFSA) on Thursday, but the move failed to lift sentiment. Traders remain cautious, with bearish derivatives metrics continuing to outweigh the positive fundamental development, while modest  Exchange Traded Funds (ETFs) inflows provide only limited support for XRP’s price.

Ripple’s official X account posted on Thursday that its RLUSD stablecoin is now available in Japan, following approval from Japan’s Financial Services Agency.

“Through our partnership with SBI Group, RLUSD will be accessible to both institutional and retail users via the VCTRADE platform, serving as a bridge for payments, tokenization, and collateral management,” said Ripple on its X post.

Jack McDonald, Senior Vice President of Stablecoins at Ripple, said, “This launch marks an important step in expanding access to transparent, regulated USD-backed stablecoins like RLUSD for financial institutions, consumers and businesses in Japan.”

The development indicates a bullish long-term outlook, as it highlights Ripple’s growing footprint in Japan and could boost adoption of its payments ecosystem.

However, the announcement has done little to improve near-term sentiment, with XRP remaining under pressure, trading at $1.06 and down nearly 5% so far this week.

Derivatives data caps XRP recovery prospectsDerivatives metrics support a negative outlook for XRP. CoinGlass’ long-to-short ratio for XRP read 0.95 on Thursday, nearing its lowest level in over a month. The ratio being below one indicates bearish sentiment, as traders are betting that the assets’ prices will fall.

XRP long-to-short ratio chart. Source: CoinglassIn addition, the funding rate turned negative on Wednesday, reading -0.0020% on Thursday, indicating that shorts are paying longs and suggesting bearish sentiment, capping XRP’s potential recovery.

XRP funding rates chart. Source: CoinglassMeanwhile, SoSoValue data shows some signs of optimism. Spot ETFs recorded an inflow of $2.05 million on Wednesday after an inflow of $5.31 million on Monday. If this inflow trend continues and intensifies, XRP could see a recovery ahead.

Total XRP spot ETF net inflow daily chart. Source: SoSoValueXRP technical outlook: Weakening momentum indicatorsXRP trades at $1.06 on Thursday, down nearly 5% so far this week. XRP is maintaining a bearish bias as price remains well below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), clustered between roughly $1.23 and $1.54. 

XRP also trades below the upper boundary of the prevailing downward-trending parallel channel at around $1.19, reinforcing the idea of a capped market despite modest stabilization in downside momentum. The Relative Strength Index (RSI) at about 33 stays just above oversold territory. At the same time, the Moving Average Convergence Divergence (MACD) line has slipped slightly further into negative territory, hinting that sellers still retain control even if pressure is less intense than during prior legs lower.

On the downside, the next important support is near $1.00, where buyers may attempt to build a more solid floor. 

On the topside, initial resistance is seen at the channel boundary around $1.19, followed by the $1.30 horizontal barrier. Above that, the 100-day EMA at $1.33 and the 200-day EMA near $1.54 form a broader supply zone, while a more distant resistance level is at $1.90. As long as XRP remains below this stack of overhead levels, rallies are likely to be treated as corrective within the broader downtrend.

(The technical analysis of this story was written with the help of an AI tool.)

Ripple FAQs Ripple is a payments company that specializes in cross-border remittance. The company does this by leveraging blockchain technology. RippleNet is a network used for payments transfer created by Ripple Labs Inc. and is open to financial institutions worldwide. The company also leverages the XRP token.

XRP is the native token of the decentralized blockchain XRPLedger. The token is used by Ripple Labs to facilitate transactions on the XRPLedger, helping financial institutions transfer value in a borderless manner. XRP therefore facilitates trustless and instant payments on the XRPLedger chain, helping financial firms save on the cost of transacting worldwide.

XRPLedger is based on a distributed ledger technology and the blockchain using XRP to power transactions. The ledger is different from other blockchains as it has a built-in inflammatory protocol that helps fight spam and distributed denial-of-service (DDOS) attacks. The XRPL is maintained by a peer-to-peer network known as the global XRP Ledger community.

XRP uses the interledger standard. This is a blockchain protocol that aids payments across different networks. For instance, XRP’s blockchain can connect the ledgers of two or more banks. This effectively removes intermediaries and the need for centralization in the system. XRP acts as the native token of the XRPLedger blockchain engineered by Jed McCaleb, Arthur Britto and David Schwartz.

Meanwhile, RLUSD continues to rise in terms of usage and market cap, hitting $1.6 billion on CG.

By extending its collaboration with long-term local partner SBI Group, Ripple has received approval from the Japanese Financial Services Agency (JFSA) to launch its stablecoin available in the country.

The company’s Senior Vice President of Stablecoins praised the Japanese regulatory environment and called it a leader in cryptocurrency adoption.

RLUSD in Japan The green light became possible from SBI Holdings, through its Electronic Payment Instruments Exchange Service Provider-licensed subsidiary SBI VC Trade Co., LTD, announced the launch of RLUSD in the Japanese market.

The partners initially signed a memorandum of understanding (MoU) in August this year. They explained this official launch marks the stablecoin’s major entry into one of the most “sophisticated and forward-looking digital assets markets.”

The license from the JFSA reads that RLUSD is described as a new type of electronic payment instrument under the country’s Payment Services Act. It’s designed for foreign-issued stablecoins that ensure the safety and regulatory standards required under local law. The statement added that both institutional and retail users will have access to Ripple’s stablecoin through SBI VC Trade’s VCTRADE platform.

“Japan has long been a leader in digital asset adoption, underpinned by both regulatory clarity and financial innovation. This launch marks an important step in expanding access to transparent, regulated USD-backed stablecoins like RLUSD for financial institutions, consumers, and businesses in Japan,” commented Jack McDonald, Ripple’s Senior VP of Stablecoins.

Meanwhile, SBI VC Trade CEO, Tomohiko Kondo, praised the long-standing partnership between his entity and Ripple, and highlighted RLUSD’s launch in Japan as the latest major milestone reached by both parties.

We’re proud to announce that Ripple USD ($RLUSD) is now officially available in Japan, following approval from the Japan Financial Services Agency (JFSA): https://t.co/5rJZBrFaIM

Through our partnership with SBI Group and @sbivc_official, $RLUSD will be accessible to both…

— Ripple (@Ripple) June 25, 2026

You may also like: Ripple Secures Preliminary MiCA License: Here’s Why That’s Important XRP Stages ‘Impressive Comeback’ Following Major Sentiment Slump: Santiment  Ripple’s Garlinghouse Fires Back After Jamie Dimon Targets Coinbase and CLARITY ACT RLUSD Keeps Growing Despite its then-legal issues in the US, Ripple managed to launch its own stablecoin at the end of 2024. It’s primarily focused on institutions, but it has experienced substantial adoption growth across several fronts in the past two years, including from Mastercard.

The company has collaborated with numerous exchanges to enhance its usability and liquidity. Data from CoinGecko shows that RLUSD’s market cap has grown to $1.6 billion, slightly off the $1.7 billion claimed by Ripple. Nevertheless, it’s still among the 50 largest cryptocurrencies by market cap, and it’s the 10th-biggest in its stablecoin niche.

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Key Takeaways Ripple’s XRP has declined to approximately $1.057, representing a pullback exceeding 15% from its June 16 high around $1.29 Available XRP inventory on Binance reached its highest point in three months, pushing the Scarcity Index down to 0.34 Technical analysis reveals a descending wedge formation on the 4-hour timeframe, suggesting potential reversal opportunities Data from CoinGlass identifies a significant liquidation concentration around $1.14 that may attract upward momentum Derivatives markets saw $13.53 million in liquidations over 24 hours, with bullish positions accounting for 96% of losses Ripple’s XRP token has experienced consistent downward pressure following its June 16 peak near $1.29. As of June 24, the digital asset was changing hands around $1.057, marking a decline of more than 15% within roughly eight days.

XRP Price The downturn materialized shortly after Ripple obtained preliminary authorization under Europe’s Markets in Crypto-Assets (MiCA) regulatory framework via Luxembourg. While this approval provides passporting privileges throughout the European Economic Area, market participants opted to realize gains instead of bidding prices upward.

Bitcoin’s weakness amplified the selling momentum. The leading cryptocurrency momentarily dipped under $62,000 during this same window, dampening enthusiasm across the wider digital asset ecosystem. Persistent elevated interest rates combined with investment capital shifting toward artificial intelligence and semiconductor equities have constrained speculative inflows into cryptocurrencies throughout Q2.

Prominent crypto analyst Altcoin Sherpa shared observations on X, noting that XRP’s chart structure appears unfavorable across multiple timeframes and suggesting the token might drift lower toward $0.75. Such pessimistic commentary from an influential market voice underscores prevailing negative sentiment.

Descending Wedge Pattern Suggests Possible Bounce The 4-hour timeframe reveals XRP developing a descending wedge configuration since reaching its June 16 peak. This technical structure displays two downward-sloping converging trendlines and frequently precedes upward reversals when selling exhaustion sets in.

Source: TradingView The token has approached the wedge’s lower edge near $1.08, which coincides with a Fibonacci support area. An upward breach of the upper boundary could activate resistance targets at $1.13, $1.16, and $1.19.

Technical oscillators present conflicting signals. The 4-hour MACD continues trading beneath the zero threshold, indicating bears maintain near-term dominance. Nevertheless, the histogram bars have begun compressing, hinting that downside force may be diminishing. Chaikin Money Flow registers approximately -0.13, reflecting ongoing capital withdrawal from the asset.

On the daily timeframe, XRP trades beneath Supertrend resistance positioned near $1.24 and under a pattern of declining peaks established since mid-May. The daily RSI hovers around 36, nearing oversold conditions without quite reaching that threshold.

Exchange Inventory Expands as Scarcity Metric Falls to Multi-Month Low A CryptoQuant report released June 22 demonstrates the XRP Binance Scarcity Index declining to roughly 0.34, marking its weakest reading in over three months. This metric calculates accessible XRP inventory on Binance relative to trading activity.

Source: CryptoQuant Throughout April and May, this index maintained levels near 0.80, indicating constrained availability. The descent to 0.34 reveals substantially more XRP sitting on the exchange, which can suppress price appreciation unless buying interest intensifies.

CoinGlass analytics highlight a substantial liquidation zone spanning $1.13 to $1.15. Should buyers defend current support successfully, that price range could generate upward activity and trigger forced short closures. Over the preceding 24-hour period, XRP derivatives experienced $13.53 million in liquidations, with bullish bets comprising $13.01 million or 96% of the aggregate. Binance recorded the highest liquidation volume at $7.59 million, with Bybit following at $2.57 million.

A decisive move beneath $1.08 would shift attention toward $1.05 and subsequently $1.00 as the next meaningful support thresholds.

SBI Holdings, Ripple’s XRP banking partner in Japan, has signed the deal to purchase crypto exchange Bitbank for around ¥46.7 billion ($288.65 million).

XRP Veteran SBI Holdings Moves To Finalize Bitbank Deal On Thursday, June 25, the Japanese financial behemoth announced that it would buy Bitbank using its 100 percent-owned subsidiary, SBICAH LLC. As part of the transaction, SBI will have 100% stake in the exchange once all the related steps are finalized.

For XRP supporters, this acquisition is important as it builds on the efforts of a prominent crypto venture in Japan. SBI Holdings has been pushing Ripple-related projects and XRP payment solutions in its overall digital asset strategy for a decade now. Recently, the SBI Group even launched the RLUSD stablecoin in Japan after regulatory approvals.

The Bitbank deal involves SBI Group buying back 53,704 shares from the existing shareholders of Bitbank. It will also purchase another 48,952 shares as part of a capital increase. The total acquisition cost is around ¥46.7 billion, per the announcement today.

The transfer of shares is expected to be completed in August 2026. The remaining steps and capital increase are expected to be completed around October 2026. However, the deal is contingent on regulatory clearance, such as from Japan’s Fair Trade Commission.

Why Is The Bitbank Acquisition Important? According to SBI, the Bitbank deal will enhance its crypto business in Japan. The company confirmed that it is on a mission to grow its crypto exchange business and develop stablecoins, on-chain finance, and other opportunities. Further, the buyout comes on the heels of its yen-backed JPYSC stablecoin debut on Tuesday.

In the release, SBI Group stated, “By welcoming Bitbank into our group, our group will mutually utilize the customer base, service development capabilities, security and compliance systems, and management resources of both companies.”

The Ripple partner also pointed out the size of the deal it would involve. According to data from April 2026, the joint SBI and Bitbank VC Trade will operate approximately ¥1.1 trillion worth of customer assets. Further, it would support approximately 2.92 million crypto accounts.

That would rank the group as the leader of Japanese crypto exchanges in terms of assets under management, according to SBI. Moreover, it would also boast the highest number of crypto exchange accounts in the country.

The XRP-linked Japanese conglomerate also introduced Solana trading and custody services recently. Hence, acquiring Bitbank could also help in expanding these services and adding support for other cryptocurrencies.

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Last Updated: June 25, 2026

XRP fell to an intraday low of $1.0462 on June 25, extending a 10% weekly decline as the CLARITY Act hit new political friction and the broader crypto market sold off sharply. The token is currently trading at $1.0837, down 1.42% over 24 hours, with price sitting below all three key moving averages on the 4-hour chart. Despite the sell-off, XRP spot ETFs have now recorded seven consecutive weeks of net inflows, and Ripple secured a preliminary MiCA CASP license in Luxembourg on June 23.

Key Takeaways XRP touched $1.0462 intraday on June 25 — the lowest level in the current correction cycle Price is at $1.0837, down 1.42% on the day; 24H high was $1.1026 MA(7) at $1.0754 | MA(25) at $1.1109 | MA(99) at $1.1467 — XRP trading below all three Four U.S. law enforcement groups challenged the CLARITY Act’s Section 604; the DOJ pushed back the same day, calling the letter factually inaccurate Ripple received preliminary CASP approval from Luxembourg’s CSSF under the EU’s MiCA framework on June 23 XRP spot ETFs extended a seven-week streak of net inflows despite the price decline XRP Price Metrics — June 25, 2026 MetricValueXRP Price (current)$1.083724h Change–1.42%24h High$1.102624h Low$1.0462MA(7)$1.0754MA(25)$1.1109MA(99)$1.1467Key Support$1.0462 / $1.00Key Resistance$1.1109 (MA(25)) / $1.1467 (MA(99))XRP ATH$3.65 XRP Tests $1.0462 as Selling Pressure Deepens XRP broke below the $1.05 support zone on June 25, printing a $1.0462 intraday low before recovering toward $1.08. The 4H chart structure is fully bearish: price is below MA(7) at $1.0754, MA(25) at $1.1109, and MA(99) at $1.1467, with each moving average acting as overhead resistance in descending order.

XRP has shed roughly 10% over the past week and approximately 20% month-to-date, mirroring Bitcoin’s broader decline. Key support is now at $1.0462, with a confirmed daily close below that level opening a potential test of the $1.00 psychological floor.

A recovery above MA(7) at $1.0754 is the first condition for near-term stabilization. Reclaiming MA(25) at $1.1109 would shift the short-term structure back to neutral.

CLARITY Act: Law Enforcement Pushback — and DOJ Fires Back Ahead of a July House hearing, four major U.S. law enforcement associations and an anti-trafficking coalition criticized Section 604 of the proposed CLARITY Act, arguing the provision — which would exempt certain non-custodial DeFi actors from money transmitter rules — could create regulatory gaps and weaken tools needed to investigate crypto-related crimes.

The Department of Justice responded the same day, pushing back on the groups’ claims and stating the letter “contains factual inaccuracies and mischaracterizes Administration policy.” Senate negotiators are preparing to release a final review period text before seeking floor consideration in July.

The dispute adds political friction to a bill already under pressure: CLARITY Act Senate passage odds have fallen to 48% on Polymarket, with Senator Lummis warning that missing the August recess deadline pushes the timeline to 2030. The CLARITY Act is the most consequential pending legislation for XRP, as it would classify XRP as a commodity under CFTC oversight, removing SEC jurisdiction uncertainty that has weighed on the token since 2020.

Ripple Secures MiCA CASP License in Luxembourg Ripple received preliminary approval for a Crypto Asset Service Provider license from Luxembourg’s CSSF under the EU’s MiCA framework on June 23, paving the way for expanded European services.

The CASP authorization enables regulated crypto-asset services across all 30 EEA countries. Ripple now holds over 75 regulatory licenses worldwide, and the Luxembourg approval places it among approximately 210 MiCA-compliant firms — a group that does not include Binance, whose application is facing potential rejection.

The license is structurally positive for Ripple’s payments business and RLUSD adoption across Europe, though it does not create a direct spot buying mechanism for XRP itself.

MiCA July 1 Deadline: XRP Positioned to Benefit The EU’s MiCA regulation transition period ends July 1, 2026. Over 3,000 crypto firms were registered across Europe in 2024; as of May 2026, only 194 had secured MiCA licenses. Around 75% of pre-MiCA providers are expected to lose their registration status when the deadline hits.

Ripple’s early compliance positions XRP and RLUSD to capture payment volume migrating away from non-compliant platforms after July 1.

XRP Spot ETF Inflows: Seven Consecutive Weeks Despite the price decline, XRP spot ETFs recorded another $5.31 million in net inflows on June 22, extending a seven-week streak of institutional accumulation. Cumulative XRP ETF inflows have now exceeded $1 billion since launch in November 2025, reflecting sustained institutional demand even as spot prices remain under pressure.

XRP Price Comparison AssetPrice (June 25)7-Day ChangeBitcoin (BTC)~$61,733–5.8%Ethereum (ETH)~$1,654–5.8%XRP$1.0837–10.0%Solana (SOL)~$69–6.4%BNB~$578–6.1%Polkadot (DOT)~$0.90–10.5% Where to Buy XRP Binance — deepest XRP/USDT liquidity globally. Bybit — spot and perpetual XRP pairs. Coinbase — regulated U.S. platform. Kraken — strong compliance record. KuCoin — broad XRP pair selection. Gate.io — wide token range. OKX — spot and futures XRP trading.

FAQ What is XRP’s price today, June 25, 2026?
XRP is trading at $1.0837 on June 25, 2026, after touching an intraday low of $1.0462. The token is down 1.42% over 24 hours and roughly 10% over the past week. Price is below MA(7) at $1.0754, MA(25) at $1.1109, and MA(99) at $1.1467, reflecting a bearish short-term structure. The $1.00 psychological level is the next major support if $1.0462 fails on a closing basis.

Why is XRP falling in June 2026?
XRP’s June 2026 decline reflects several factors: the Fed’s hawkish June 17 FOMC stance, falling CLARITY Act Senate passage odds from 74% to 48% on Polymarket, law enforcement pushback against Section 604 of the bill, and broad crypto market selling triggered by Bitcoin’s retest of its $59,102 cycle low. XRP is one of the most exposed assets to CLARITY Act news given that bill passage is the primary catalyst for its regulatory re-rating.

What is the CLARITY Act and why does it matter for XRP?
The Digital Asset Market Clarity Act would classify XRP as a commodity under CFTC jurisdiction, removing SEC oversight uncertainty that has weighed on the asset since 2020. Passage odds currently stand at 48% on Polymarket. Four law enforcement groups challenged Section 604 of the bill on June 23; the DOJ responded on June 24, calling their claims factually inaccurate. Senate negotiators are targeting a July floor vote window.

What did Ripple’s Luxembourg MiCA license mean for XRP?
Ripple received a preliminary Crypto Asset Service Provider license from Luxembourg’s CSSF on June 23, enabling regulated operations across all 30 EEA countries under the MiCA framework. The license strengthens Ripple’s payments business and RLUSD adoption in Europe but does not directly increase spot demand for XRP. It positions Ripple among a small group of fully compliant firms ahead of MiCA’s July 1, 2026 deadline.

What is XRP’s all-time high?
XRP’s all-time high is $3.65, reached during the 2025 bull cycle. As of June 25, 2026, XRP trades approximately 70% below that record. The current cycle low is $1.0462, printed intraday on June 25.

BitMEX co-founder Arthur Hayes has suggested that Zcash (ZEC) could eventually reach 10% of Bitcoin’s market capitalization, a long-term bullish thesis on privacy coins rather than a near-term price forecast. Based on ZEC’s circulating supply of around 16 million tokens, that scenario would imply a price in the high four-figure range, roughly $8,000–$10,000, depending on Bitcoin’s valuation.

A Chart Pattern Worth Watching On the technical side, traders point to a possible cup-and-handle pattern, but this is a subjective chart formation with no guarantee of outcome. Resistance is often cited around $625–$650, with some speculative projections suggesting a move toward $1,000, though this depends heavily on broader market conditions and is not a confirmed target.

The target also lines up with ZEC’s 1.618 Fibonacci extension, drawn from a $745 swing high down to a $185 swing low.

Privacy Coins Pull Ahead ZEC is not moving alone. Monero and Dash, both privacy-focused tokens, have also posted gains over the past month. But Zcash leads the pack. Reports indicate the coin climbed more than 80% in 30 days while the total crypto market cap barely moved — up just 0.2% over the same stretch.

ZEC market cap currently at $9.6 billion. Chart: TradingView $ZEC update

This thing is running its own bull market rn… gg

I closed my short. Especially with $BTC sitting on support around $76k

Even a small pump in Bitcoin makes ZEC go absolutely stupid right now https://t.co/xLs6ficv7l pic.twitter.com/obAhbnXqfp

— SnorlaX お金 (@SnorlaxOnChain) May 18, 2026

In the past three days alone, ZEC added 18% as the broader market slipped 3%. That split has prompted some traders to say Zcash is running its own bull market. Growing demand for financial privacy appears to be the main force behind the move, pulling fresh interest into a coin that had been largely overlooked for years.

Institutional Interest Adds Fuel Earlier in May, hedge fund Multicoin Capital disclosed it holds a position in ZEC. Around the same time, Robinhood added the token to its platform, opening it up to a wider pool of retail investors.

Both developments landed at a time when the privacy narrative was already building. Hayes’s comment added another layer. His estimate was speculative — based on a market cap comparison to Bitcoin — but it drew attention and, according to data, ZEC’s value in Bitcoin terms has risen about 20.5% since he made the remark.

Whether the cup-and-handle plays out or not, the coin has already proven it can move on its own terms.

Featured image from Quicknode, chart from TradingView

In brief Bitcoin fell to its lowest point in 21 months, dragging down leading altcoins and crypto stocks with it. The weakness appears to be linked to a risk-off move in semiconductor and AI stocks, analysts said. As XRP fell, it risked slipping below $1 for the first time since just after President Trump's reelection. Investors continued to dump digital assets on Wednesday, aggravating a sell-off that pushed Bitcoin’s price to its lowest point in 21 months.

The leading digital asset by market cap fell as low as $59,2175 before firming to $60,700, a 2.7% decrease over the past 24 hours, according to CoinGecko. The performance echoed signs of pressure on Wall Street and put Bitcoin on track for its third straight daily decline.

As the original cryptocurrency plunged, so too did various altcoins, with Ethereum showing a 3.1% decline to $1,610. XRP and Solana also wavered, falling 3.1% to $1.07 and 2.6% to $67, respectively. Dogecoin dropped 4.6% to 7.5 cents over the same period.

For XRP, the slump threatened to push the digital asset under $1 for the first time since shortly after President Donald Trump’s 2024 reelection win. For Dogecoin, the fall earlier Wednesday thrust the first meme coin to its lowest levels since late 2023.

“Days like today are undoubtedly painful,” Juan Leon, senior investment strategist at crypto asset manager Bitwise, told Decrypt. “But step back. We’ve seen this movie before.”

Leon noted that pronounced drawdowns in crypto prices have felt thesis-breaking in the moment, but the technology continues to be adopted as a modern form of market plumbing.

He said that a risk-off move hitting AI and semiconductor stocks was affecting a market for digital assets that’s already depressed, adding, “This bear market shall pass, and crypto will come out stronger on the other side.”

The weakness preceded a refresh of the Federal Reserve’s preferred inflation measure, with economists anticipating the Personal Consumption Expenditures index to show a 4.1% annual increase in consumer prices on Thursday, accelerating for a third consecutive month.

Following hawkish remarks from Fed Chair Kevin Warsh a week ago, analysts say investors are digesting expectations of tighter monetary policy, which typically weighs on risk assets. The Fed was projected to raise rates at its meeting in September, per CME Watch.

Amid lackluster price action, it appears some traders have grown less engaged, according to a note shared by Jasper De Maere, an OTC trader at crypto trading firm Wintermute.

“Flows are suggesting traders have started going into summer recess,” he wrote. “It’s possible we’ll consolidate at these levels, at the mercy of the equity market which has the potential to pull crypto down alongside it in case of a further risk-off rotation.”

Although a 0.4% decline in the Nasdaq was led by Micron Technology before the firm announced earnings, the chipmaker’s losses were outpaced by crypto-native firms.

Bitcoin treasury giant Strategy plunged 9% to $94.43 after bouncing off a 27-month low of $92.28, a move that intensified scrutiny on its flagship preferred stock, Stretch (STRC), which notched new lows Wednesday following a record drop last Thursday. Coinbase’s stock price fell 5% to $150.11, while Robinhood shares slid 5.8% to $97.21 apiece. 

BitMine, the largest corporate holder of Ethereum, saw shares plunge 7.4% to $14.01, hitting their lowest level since the firm dedicated itself to accumulating the digital asset a year ago. (Disclosure: BitMine Chairman Tom Lee is an investor in Dastan, Decrypt’s parent company.)

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Bitcoin dropped below $60,000 on Wednesday before a slight recovery amid a sell-off in semiconductor shares.

Notable Statistics:

Coinglass data shows 107,733 traders were liquidated in the past 24 hours for $433.38 million.        SoSoValue data shows net outflows of $113.8 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net outflows of $82.4 million. In the past 24 hours, top losers include Audiera, Venice Token and Pump.fun. Notable Developments:

Trader Notes:

Crypto trader Altcoin Sherpa remains uncertain about Bitcoin’s next move but warns that losing the current support level could open the door to a decline toward $54,000.

Trader KillaXBT admits the bullish thesis may be failing but notes that market bottoms are typically marked by volatile, liquidity-hunting price action that shakes out traders. He suggests focusing on long-term Bitcoin accumulation and ignoring short-term noise.

Technically, $59,000 remains the key level. A break below that wick low would require a strong reclaim to restore a bullish outlook.

CoinBureau founder Nic Puckrin warns that Bitcoin is losing a major technical support zone after falling below its 200-week SMA and nearing the $60,000 level.

A weekly close below this area could signal further weakness and open the door to a decline toward $57,900, marking it to be a new cycle low.

Image: Shutterstock

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Leading cryptocurrencies retreated further on Wednesday as investors awaited the crucial inflation report for guidance on the direction of interest rate cuts.

Crypto Bloodbath ContinuesBitcoin fell below $60,000 for the first time since October 24, as trading volume popped 40% over the last 24 hours. The apex cryptocurrency is now down more than 51% from its record highs.

Ethereum fell to an intraday low of $1,550 before paring some of its losses overnight. XRP and Dogecoin also traded in the red.

Nearly $1 billion was liquidated from the cryptocurrency market in the last 24 hours, with $800 million in bullish long positions alone wiped out, according to Coinglass data

Bitcoin’s open interest rose 0.37 over the last 24 hours. An increase in open interest, alongside a drop in spot price, typically signals that new short sellers are entering the market, hoping for the decline to continue.

"Extreme Fear" sentiment intensified, returning to levels seen earlier this month, according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours) 

The global cryptocurrency market capitalization stood at $2.09 trillion, representing a 2.74% decline over the last 24 hours.

Stocks Fall AlongsideStocks extended their slide on Wednesday. The S&P 500 fell 0.10% to end at 7,358.22, while the tech-heavy Nasdaq Composite dipped 0.43% to settle at 25,476.6. The Dow Jones Industrial Average was the outlier, rallying 182.06 points, or 0.35%, to end at 51,848.90.

Investors will closely watch Thursday’s Personal Consumption Expenditures price index report, considered the Federal Reserve’s preferred measure of inflation, for guidance on the central bank’s interest rate policy.

The CME Group’s FedWatch tool showed markets pricing a 50% likelihood of the Fed increasing rates during the September meeting.

Why This Level Is A ‘Battleground’ For BTCRekt Capital, a widely followed cryptocurrency analyst and trader, warned that Bitcoin’s daily close below the red-shaded band, around $60,000, and a subsequent bearish retest could confirm further downside.

On-chain analytics firm CryptoQuant highlighted that Bitcoin’s drop below $60,000 triggered a “new wave of panic” among some investors, prompting them to move their BTC back to exchanges, representing “persistent” short-term selling pressure.

“The $60,000 level has gradually become a genuine battleground, where the confrontation between weak hands and strong hands is at its most intense,” the firm added.

Photo: Sodel Vladyslav / Shutterstock

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XRP Asset Efficiency Upgrade: Exploring Alternative Participation Models with PEPPER Mining

Nollars Network X Beincrypto AMA Session – The Future of Ultra-Fast Memecoin Trading on Layer-2

The team behind the Midnight Network has launched the claim portal for the Glacier Drop, opening up the first phase of the NIGHT token distribution. 

Following the launch, 33.6 million eligible addresses across eight major blockchains can now claim their free NIGHT tokens on the portal. The supported blockchains include XRP Ledger, Cardano, Solana, Bitcoin, BNB, Ethereum, Basic Attention Token, and Avalanche. 

Notably, the Glacier Drop portal went live just a day after Cardano founder Charles Hoskinson teased its launch in a cryptic tweet. It was captioned “tomorrow kids” and was accompanied by a GIF, which reads “So it begins.” 

Expectedly, the post elicited several reactions, with users suggesting that the team was preparing to launch the Glacier Drop claim portal. Interestingly, the portal has gone live, enabling eligible users to claim their NIGHT tokens. 

BREAKING: Midnight has opened the claim portal for the Glacier Drop 🔥

A free $NIGHT token distribution is now live for 33.6 million eligible addresses across $ADA, $BTC, $ETH, $XRP, $SOL, $BAT, $BNB, and $AVAX.

Cardano $ADA holders are eligible for the largest share. pic.twitter.com/itxmHygKpG

— Cardanians (CRDN) (@Cardanians_io) August 5, 2025

How to Claim NIGHT  Users can claim their tokens in four steps. The first step involves visiting the claim portal and connecting the “origin address.” It is worth noting that the origin address is the same as the one that qualified for the airdrop. 

Upon connecting this address, users can provide a destination address to receive the free NIGHT allocations. To complete the claim, users must accept the terms and conditions and also sign the transactions. 

Phases of NIGHT Airdrop  The Glacier Drop, which is the first phase of the claim, will last 60 days. Once this phase ends, the Scavenger Mine–the second phase–will commence immediately for the next 30 days. 

During this phase, users are required to complete computational tasks to earn a share of unclaimed tokens. Eligible users who missed the Glacier Drop will be presented with another opportunity to claim their tokens in a subsequent phase dubbed Lost-and-Found. Any unclaimed tokens after this event will be allocated to the Midnight treasury. 

ADA Holders Remain Biggest Gainers  Although the Glacier Drop supports addresses from major blockchains, Cardano users will receive the lion’s share. As previously reported, 50% of NIGHT’s token supply, equivalent to 12 billion tokens, is reserved for ADA holders. 20% of the supply, translating to 4.8 billion tokens, will be allocated to eligible users on the Bitcoin network. 

The remaining 30% supply, or 7.2 billion NIGHT, will be split among Avalanche, XRPL, Solana, Basic Attention Token, BNB, and Ethereum users. 

According to sources, Over 33 million addresses are eligible for claims:

ADA: 1,072,307

BTC: 17,562,278

XRP: 2,213,942

ETH: 7,862,092

SOL: 3,465,122

BNB: 1,213,677

AVAX: 227,793

BAT: 24,605

Users’ individual holdings of eligible tokens at the time of the snapshot will determine the amount of tokens they will receive. 

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Analyst Oscar Ramos is doubling down on his bullish stance for XRP, warning that many will come to regret not going all-in on the asset.

This follows his earlier statement from two weeks ago, in which he urged investors to prioritize XRP amid shifting market momentum. Since that call, XRP has surged by more than 50%, validating his conviction.

XRP Surged 52.5% in Two Weeks Specifically, Ramos first advised making XRP a portfolio priority on July 10, just before the market’s latest breakout phase. At the time, Bitcoin had pushed to new highs and was helping to lift the broader altcoin market. XRP, benefiting from multiple positive developments, emerged as one of the top performers.

Since that tweet, XRP has rallied from around $2.40 to a high of $3.66 on July 18, a 52.5% gain in just two weeks. As of now, XRP is consolidating and trading at $3.49, still holding onto most of its gains, with a modest 0.85% increase in the past 24 hours.

Why the Rally Has Legs Notably, Ramos’ thesis is grounded in key factors beyond hype. His earlier tweet came amid a series of positive developments surrounding XRP’s ecosystem. These include Ripple’s push for institutional integration, the growing relevance of the RLUSD stablecoin, and mounting ETF speculation.

One major development was Ripple naming BNY as the official custodian for RLUSD, the XRP Ledger’s native stablecoin. The partnership aims to accelerate institutional adoption by linking traditional banking with blockchain infrastructure.

RLUSD, which uses XRP to settle fees, has also surpassed TrueUSD and Tron’s USDD, with a market cap exceeding $532 million.

XRP ETF Momentum and Whale Accumulation XRP also saw a flurry of ETF-related announcements during the same two-week period. ProShares was set to launch multiple futures-based XRP ETFs on July 14. Turtle Capital and Volatility Shares planned to follow with 2X leveraged versions on July 21.

As of press time, these products have not yet commenced trading. Their eventual launch would represent a major step toward making XRP more accessible to institutional investors, even as the SEC continues to delay decisions on more than ten pending spot XRP ETF filings.

Meanwhile, large holders are acting accordingly. Data from Santiment shows that the number of wallets holding at least one million XRP has reached record levels. These whales control more than 47 billion XRP.

Retail investors are also joining the trend. More recent data from Santiment shows that XRP’s climb coincided with the creation of 6,939 new wallets in a single day in July, the highest since March.

Also, Social media buzz has surged, with XRP capturing 5.5% of all crypto-related discussions, reflecting heightened retail interest.

“People Will Regret It,” Says Ramos For market watchers like Ramos, not prioritizing XRP amid this lineup of bullish factors could prove to be a major regret for crypto investors. 

Indeed, some leading industry voices like Dave Portnoy are already publicly expressing remorse for fading XRP. Portnoy disclosed that he liquidated a $3 million XRP portfolio just before the coin surged by 60%.

However, not everyone agrees with focusing on a single crypto during this bull run. For instance, X user Nina argued that investors should avoid overexposing themselves to one asset and instead plan their strategies to mitigate risk.

Whether it is XRP or other cryptocurrencies, you should not invest all your money in one, you need to plan a strategy to avoid risks.

— NINA (@nina_NNLV) July 22, 2025

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

The start of the new week came as a sad one for traders as the bears take over the cryptocurrency market, correcting Bitcoin price to below the $9600 region. At the time of writing, the coin is trading at $9,627.

The current volatility in the market could be tied to the ongoing selling pressure and transfer of 600 BTC ($5,753,286) to BitMEX, which took place at block 617782. If the bearish movement continues, Bitcoin could dip further to $9170 and even $9000. At the time of this writing, however, BTC managed to recover and is pushing up to $9,700 once again. 

Our bot just picked this up. Volatility incoming 📈📉

💵 A $5,753,286 (600.0000 BTC) deposit into #BitMEX has been confirmed at block 617782.

— TokenAnalyst (@thetokenanalyst) February 17, 2020

Altcoins, on the other hand, are facing significant price crashes and recorded significant losses. Although the market has started recovering from the sudden slump, Bitcoin Cash (BCH) and Ripple (XRP) are the biggest losers in the top 10. XRP retraced to $0.281 while BCH plunged to ($404). The crash in the altcoin markets briefly pushed Bitcoin dominance to over 63%. As the market started to recover, however, altcoins seem to reclaim grounds as the dominance is currently at 62.4%. 

It’s interesting to see where the market goes from here. It appears that it may have been a healthy correction as over the past couple of weeks bulls were in complete control.  

Total Market Cap: $276 B | Bitcoin Market Cap: $174 B | Bitcoin Dominance: 62.7%

Major Crypto Headlines Binance Applied For Operating License In Singapore, Confirms CEO Changpeng Zhao. Just a month after Singapore released its comprehensive regulation for crypto businesses, Binance has filed for operating license in the country, CZ revealed. 

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IOTA Releases Safe Version of Trinity Desktop But Mainnet Remains Suspended. IOTA Foundation has launched a safe version of the Trinity wallet that will enable users to see their balances and transactions on Desktop. However, the Mainnet remains suspended until the project team finalizes their remedial plans.

Significant Daily Gainers and Losers Hedera Hashgraph (19.82%) HBAR, the native cryptocurrency of the Hedera Hashgraph, emerged as the most significant winner in the top 100 with 19.82% gains on the trading session. The coin’s performance today will definitely leave HBAR day traders basking in euphoria considering the current market situation. At the time of writing, the coin is trading at $0.051 with a market cap of $164,993,621. The Hedera Hashgraph network is growing rapidly, and research shows that the platform processed over 36 million transactions over the last six months. 

Centrality (9.63%) With a 9.63% gain on the trading day, CENNZ wins the spot as a top performer over the last 24 hours. The increase in value today has pushed the coin’s price to $0.100654 and its market cap to $84,797,804. CENNZ is ranked as the 72nd largest cryptocurrency in the world according to market cap. The project has made a lot of progress since its launch. Centrality recently completed its Habanero stage on its roadmap and they are moving to the next phase known as Scotch Bonnet.

Bytecoin (-11.24%) On February 15, BCN made a significant price move and traded as high as $0.000690. However, following the bear market, the coin has slumped to a current price of $0.000456. 

Tags:

The last few days were quite turbulent for Bitcoin and the entire cryptocurrency market. BTC went to retest the support at $5,800, losing $800 of its dollar value in the process. However, it has since bounced, and it’s currently trading at another important support level at $6,300.

BTC/USD. Source: TradingView This weekend saw $5,850 as the current weekly low, and that’s far from being a coincidence. As Cryptopotato reported, the $5,900 area holds very strong support as it also represents the 38.2% Fibonacci retracement level from the massive drop on March 12.

Looking at the bigger picture, Bitcoin would still have to close affirmatively above $7,168 to overcome the slump from the night of March 12. Until this happens, the cryptocurrency is likely to be considered in a bearish trend.

The rest of the market is following in Bitcoin’s footsteps. Throughout the past seven days, most of the large-cap cryptocurrencies are also in the red. ETH is down about 2.8%, EOS is down 2.19%, and so forth. Ripple (XRP) is the recent winner, as it increased by 6.7% throughout the week despite the declining market.

Cryptocurrency Market Overview. Source: Coin360 Major Crypto Headlines Russia’s Legislative Ban On Cryptocurrency Delayed Because Of The Coronavirus. The unexpected outbreak of COVID-19 has an impact on legislative procedures in Russia. According to a government official, the law which would ban cryptocurrencies from being used as a means of payment will be delayed.

Bitcoin HODLers: BTC Daily Transfer Volume Hits 15-Months Low. March has clearly been a devastating month for Bitcoin as the cryptocurrency lost almost $3,000 of its value. Moreover, on-chain transactions on the Bitcoin network have also declined to their 15-months low, according to data from Bitinfocharts.

Analysis: Gold Price Should Be $8,900 (5x Higher) And Here Is Why. The global financial markets were seriously affected by the spread of COIVD-19. This also had an impact on the price of gold, which was also unusually turbulent. According to one model, however, its fair value right now should be around $8,900.

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ICON (14%) ICON (ICX) is another altcoin that marked serious gains throughout the past day. It’s up 14% against the USD and 15% against BTC. At $0.23 per coin, the cryptocurrency has a total market capitalization of $125.6 million and a daily traded volume of about $52 million. It’s the 38th largest cryptocurrency on the market.

Bytecoin (-14.4%) The past day hasn’t been particularly lucrative for Bytecoin as it becomes the worst-performing cryptocurrency over the last 24 hours. It lost about 14.4% against the USD and 13% against Bitcoin. BCN changes hands at $0.000196 and sits on a market cap of $36 million. Its daily traded volume is about $9,000, which is quite insignificant. BCN is the 85th biggest cryptocurrency on the market.

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XRP price today sits near $1.34, barely changed over 30 days, down just 2.5%. Yet a shift in who holds XRP (XRP) supply suggests the freeze may not last much longer.

On-chain data reveals the token’s least convinced holders have exited while two whale cohorts added 130 million tokens. With price compressed inside a falling channel, XRP technical analysis points to a convergence that could finally force a direction.

A Falling Channel Keeps Price Frozen Below Key ResistanceXRP price has traded inside a falling channel on the 8-hour chart since its March 17 peak near $1.60. Every attempt to escape since then has failed at the same ceiling.

The most recent rejection came on April 7 and 8. XRP reclaimed the 20-period and 50-period Exponential Moving Averages (EMA), trend indicators that weight recent price moves more heavily. However, the 100-period EMA rejected the advance cleanly.

That level carries weight. Around March 15, XRP reclaimed the 100 EMA and it triggered another 11% rally to the $1.60 high. The same EMA now aligns with the channel’s upper trendline, creating a double XRP resistance wall.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

XRP Falling Channel: TradingViewBeInCrypto recently covered a similar setup in Zcash. The token broke above its own falling channel and surged higher. XRP price prediction models suggest a comparable move is possible if this resistance falls.

Yet an EMA alone does not confirm buyer conviction. The answer lies in who is accumulating and who is walking away.

Weakest Holders Walk Out as XRP Whale Accumulation BuildsGlassnode data shows that speculative money is draining from XRP. The 1-day to 1-week HODL Waves cohort tracks the share of supply held by the newest holders. It peaked at 1.45% on April 4. That reading has since collapsed to 0.684%.

More than half of this short-term supply exited in under a week. In isolation, that looks bearish. Yet these are the holders who typically sell into every bounce and kill rallies before they start. Their exit may actually be clearing the noise.

HODL Waves Speculative Exit: GlassnodeMeanwhile, XRP whale accumulation has picked up from two separate cohorts. Santiment data shows the 1 billion-plus XRP cohort grew from 25.80 billion to 25.83 billion tokens since April 6. The 10 million to 100 million cohort followed a day later, rising from 11.31 billion to 11.41 billion. Together, both groups added roughly 130 million XRP, and only after the speculative traders started selling.

XRP Whale Accumulation: SantimentHowever, the buying remains gradual. A Glassnode cost basis heatmap reveals roughly 420 million XRP sitting in a supply cluster directly overhead, between $1.37 and $1.38.

XRP Supply Cluster Heatmap: GlassnodeIf that cluster’s holders begin selling into strength, whale buying alone may not crack through. The price chart reveals exactly where that wall sits.

XRP Price Levels That Decide Whether the Freeze BreaksThe 8-hour Fibonacci chart maps the convergence zone. The immediate levels are $1.35 ($1.349 to be precise) and $1.36. Reclaiming and holding both would be the first sign of life.

However, $1.38 is where the freeze lives or dies. The 100-period EMA, the channel’s upper trendline, and the 420 million XRP supply cluster all converge at that level. A clean close above $1.380 would confirm the XRP breakout. It would clear the channel, the EMA, and the supply wall simultaneously. Targets then open at $1.43, $1.51, and the March 17 high of $1.60.

Yet failure to reclaim $1.35 would keep XRP price frozen inside the channel. In that scenario, $1.32 becomes the next XRP support level at risk. A deeper breakdown exposes $1.28 ($1.279 to be exact), where buyer interest has previously held.

XRP Price Analysis: TradingViewThe 30-day freeze has compressed volatility to a breaking point. A close above $1.38 favors the whale thesis and opens a path toward $1.60. A rejection sends XRP back toward $1.28 and turns the freeze into a deeper slide.

XRPL Commons, an organisation focused on nurturing a strong and vibrant XRPL ecosystem, has launched "Make Waves on XRPL," a 90-day competition offering 50,000 $XRP to developers who ship live applications on the XRP Ledger mainnet. The contest runs from June 22 to September 21, 2026.

How the Competition WorksThe format deliberately differs from a classic hackathon. Participants are expected to deploy real applications on the XRPL mainnet. No prototypes are accepted. Products must demonstrate real users and measurable on-chain volume. Weekly webinars and office hours run on Wednesdays and Fridays throughout the programme, while a weekly leaderboard evaluates user growth and blockchain activity on an ongoing basis. Target categories include payments, DeFi, developer tools, and consumer apps.

A Path Into the Aquarium IncubatorThe competition also serves as a pipeline into a longer-term programme. Teams with particularly strong projects may subsequently be admitted to the Aquarium, XRPL Commons' incubator. Since 2023, XRPL Commons has hosted the Aquarium, a unique incubator programme based in Paris, France, supporting startup projects building within the XRPL ecosystem. The organisation supports builders through training and active collaboration, with a focus on innovative XRPL projects.

The competition's emphasis on live, production-grade applications reflects a broader push across the XRPL ecosystem to move beyond theoretical development. Since 2021, ecosystem efforts have included hackathons, builder bounties, XRPL Grants, and the XRPL Accelerator, supporting nearly 200 projects worldwide across developer infrastructure, payments, DeFi, tokenization, AI, gaming, and enterprise financial applications.

Sources:
XRPL Commons – Official Website
The Aquarium Incubator – XRPL Commons
Supporting Innovation on the XRP Ledger – Ripple

Last week was quite impressive for Bitcoin as the cryptocurrency recorded a bullish reversal from a low of $6,750 to $7,800 in two days. The bulls were unable to defend the new region, swinging the price back to $7,230 during today’s early hours.

Bitcoin is currently down about 1.29% on the day as it trades at around $7,316 at the time of this writing.

BTC/USD. Source: TradingView The altcoin market, on the other hand, is in a mixed state as some cryptocurrencies are recording slight gains while others are on a disappointing trend. For example, Ether (ETH), is up by 0.20% and trading at $148 while XRP, despite its latest listing on Japan’s largest crypto exchange, is recording losses of 1.14%, trading at $0.218. 

It’s also worth noting that Tether (USDT) – the most popular and widely used stablecoin, is currently the world’s fourth-largest cryptocurrency. This is a sign that altcoins are seemingly in a struggle as they lose their positions against a stablecoin, the market cap of which is only increased when Tether issues new USDT.

The total market cap is $198 billion | Bitcoin’s market cap is $132 billion | BTC dominance: 66.4%.

Major Crypto Headlines Huge Responsibility: Coinbase Holds Almost 1 Million Bitcoins. Considering that crypto exchanges are the major target of hackers, Coinbase seems to have a huge responsibility on its shoulder as new reports reveal that the US-based exchange has custody of 966k bitcoins in its wallets. 

Japan’s Largest Crypto Exchange, BitFlyer, Adds Support For XRP. Good news for XRP fans and traders as Japanese exchange BitFlyer has officially announced that Ripple (XRP) will be available on its Altcoin Market for trading as of Monday, December 2. Yet, the price failed to react positively, and XRP is down during today’s trading session. 

You may also like: Brutal Bitcoin Liquidation Cascade Imminent Below $59K, Warns Analyst Bitcoin Price Crashes Below $60K as Strategy’s MSTR Plunges 10% Mining Profits Dry Up Across Bitcoin, DOGE, LTC, and BCH Vertcoin 51% Attack ‘Motive Uncertain’ as Hackers Lose up to $4,000. Hackers who attempted to steal Vertcoin (VTC) from Bittrex through another 51% attack on the Vertcoin blockchain, netted a total loss between $440 and $4,100. According to the network’s leading maintainer, the wrongdoers targeted Bittrex to manipulate the cryptocurrency’s blockchain.

Significant Daily Gainers and Losers Ebakus (+340.47%) Ebakus (EBK) is in the green zone today with a massive gain over the last 24 hours. Although the cryptocurrency started the trading session with a price around the $0.007200 region, it is now trading at $0.031521, giving traders a remarkable 340% profit on the day. EBK holds a market cap of $2,846,200, with a daily trade volume of $190,944. 

Blockium (+84%) A massive 84% profit today has placed Blockium (BOK) as the second most significant gainer over the last 24 hours. BOK is the native token of Blockium, a project that describes itself as a unique P2P financial gamification platform that unites stock and crypto traders. The uptrend movement today shows a recovery from its last week low of $0.000537 to $0.001669. At the time of this writing, the token is exchanging hands at $0.001094 with its 24h trading volume at $203,931.

Fusion (FSN -51%) Today’s trading session is quite sad for FSN traders and holders as the cryptocurrency has lost over 50% of its value in the last 24 hours. FSN’s 7-day chart shows that the token has been on a downward decline falling from a price of $1.2 in the past week to a current price of $0.2. 

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The crypto market is in cautious consolidation on June 24, 2026, with a clear split emerging between assets sensitive to the CLARITY Act and those driven by protocol-level catalysts. Bitcoin is holding at $62,491, up 0.49% — recovering from yesterday’s $62,000 intraday low after $700 million in liquidations. Ethereum is at $1,664, up 0.99%, staying green for the sixth consecutive day ahead of tomorrow’s BitMine Russell 1000 inclusion. XRP is the standout laggard — down 1.4% to $1.08 after a sharp afternoon selloff triggered by CLARITY Act passage odds collapsing to 48% on Polymarket. Solana holds $69.09 (+0.65%) and BNB recovers to $575 (+0.71%). The dominant theme today: the Russell 1000 catalyst lands tomorrow, the CLARITY Act is in crisis, and the market is pricing both simultaneously.

Key Takeaways Bitcoin at $62,491, up 0.49% — holding above $62,000 after yesterday’s liquidation dip Ethereum at $1,664, up 0.99% — sixth consecutive green day, BitMine Russell 1000 inclusion tomorrow XRP at $1.08, down 1.4% — sharp afternoon selloff as CLARITY Act odds drop to 48% on Polymarket Solana at $69.09, up 0.65% — pulling back from $74 highs but holding above $68 support BNB at $575.21, up 0.71% — steady recovery, cleanest chart in the top 5 BitMine Russell 1000 inclusion: tomorrow, June 26 — estimated $2.15B in forced passive fund buying CLARITY Act: Polymarket 48%, Galaxy Research “roughly even” — Senator Lummis warns: miss August = 2030 AssetPrice24hMarket CapVolume 24hBitcoin (BTC)$62,491+0.49%$1.25T$23.4BEthereum (ETH)$1,664+0.99%$200.84B$8.28BXRP$1.08-1.4%$67.36B$1.36BSolana (SOL)$69.09+0.65%$40.1B$1.87BBNB$575.21+0.71%$77.52B$920.38M Bitcoin: Defending $62,000 After Yesterday’s $700M Liquidation Shock Bitcoin is trading at $62,491 — a 0.49% gain — after the most violent session since the post-FOMC selloff. Yesterday’s intraday dip to ~$62,000 triggered more than $700 million in crypto liquidations across all assets. The 24-hour chart today shows the aftermath: BTC opened near $62,330, dipped twice toward $62,000 in the early hours, then recovered steadily to $62,500–$63,000, where it has consolidated through the afternoon.

The structure is defensive. Volume at $23.4 billion — down 25.62% — reflects reduced urgency after yesterday’s panic. Buyers absorbed the liquidation wave; the question now is whether they can push price back above the $63,500–$64,000 resistance zone that capped last week’s recovery.

The CLARITY Act deterioration is the primary headwind. With passage odds at 48%, the $15 billion ETF inflow scenario that underpinned Citi’s $143,000 year-end target is now a coin flip. Bitcoin’s price is not directly legislative — it has commodity classification regardless — but institutional sentiment is correlated with the broader regulatory environment that CLARITY Act passage would create.

Ethereum: Six Green Days, Russell 1000 Tomorrow Ethereum is the standout performer of the week. At $1,664, up 0.99%, ETH has now posted six consecutive green days — an outperformance streak that has no parallel among major assets this month. The 24-hour chart shows a constructive pattern: ETH opened near $1,649, dipped briefly to that level twice before recovering cleanly to $1,665–$1,675, consolidating near the top of the range through the afternoon.

The structural story is unchanged and intensifying. BitMine bought 52,203 ETH on June 22, bringing total holdings to 5.67 million ETH — 4.7% of all circulating supply, valued at $9.8 billion. Tomorrow’s Russell 1000 inclusion forces passive index funds tracking $4+ trillion in benchmarked assets to buy BMNR stock, with analysts estimating up to $2.15 billion in forced inflows.

Separately, the Ethereum Foundation confirmed a 40% spending cut — reducing the structural ETH sell pressure that has historically come from foundation treasury sales. Combined with the 32% staking ratio and BitMine’s accumulation, the liquid float in ETH is compressing.

Volume at $8.28 billion — down 33.38% — is lower than yesterday but the direction is clean. Low volume on a green day above key support ($1,649 held twice) is accumulation, not speculation.

XRP: CLARITY Act Odds Collapse Triggers Afternoon Selloff XRP is the worst performer in the top 5 today — down 1.4% to $1.08 — and the 24-hour chart explains exactly why. XRP held near $1.10–$1.11 for most of the session, then sold off sharply in the early afternoon to $1.08. The timing matches the CLARITY Act news flow: Galaxy Research moved passage odds to “roughly even” and Polymarket dropped to 48%, down from 74% a month ago.

XRP is the asset most directly exposed to CLARITY Act legislative risk. Passage permanently codifies XRP’s commodity classification into federal law — unlocking US bank custody and the pension fund/sovereign wealth fund capital that currently cannot hold XRP under agency-guidance-only classification. Standard Chartered and JPMorgan both project $4–8 billion in ETF inflows in a passage scenario. A slip to 2030 removes that catalyst entirely for this cycle.

The $1.08 level is now testing the lower bound of the June range. Critical support below is $1.05, then the psychological $1.00 floor. Exchange reserves remain at 7-year lows — 1.6 billion tokens, half the October 2025 peak — meaning the thin float amplifies any directional move in either direction.

Solana: Pulling Back from $74 Highs, Holding Key Support Solana is down from its $74 weekly high to $69.09, up 0.65% on the day. The 24-hour chart shows a choppy session: SOL opened near $68.92, tested $68.25 on two brief dips in early trading, then recovered steadily to $69.50–$70.00 before easing back to $69.09 into the afternoon.

The weekly picture remains the strongest of any top asset: SOL has gained approximately 8% over 7 days, outperforming BTC, ETH, XRP, and BNB. The pullback from $74 to $69 reflects normal profit-taking after a sharp weekly move rather than any structural reversal.

Key support is at $68 — the intraday floor that held today. The 50-day moving average at approximately $71.96 is the technical resistance that needs to be reclaimed for the weekly trend to extend further. Volume at $1.87 billion, down 26.36%, confirms the session is consolidative rather than directional.

BNB: Cleanest Chart in the Top 5 BNB is at $575.21, up 0.71% — the most consistent performer today on a risk-adjusted basis. The 24-hour chart shows BNB opened near $571.64, dipped briefly on the open, then trended steadily higher through $574, $576, $578, $580, before settling near $575–$576. No sharp dips, no liquidation spikes — just a clean grind higher throughout the session.

Market cap at $77.52 billion with volume of $920.38 million — the lowest Vol/Mkt Cap ratio (1.18%) in the snapshot, confirming this is low-volatility accumulation rather than speculative trading. Treasury holdings at 686,070 BNB. BNB’s stability today reflects Binance’s structural market share and BNB Chain’s continued fee and utility demand.

The Two Catalysts That Define This Week Russell 1000 inclusion — tomorrow, June 26. BitMine joins the Russell 1000 at market close. Passive index funds must buy BMNR proportionally. Analysts estimate $2.15 billion in forced buying. BitMine’s NAV is almost entirely ETH. Watch BMNR stock and ETH price correlation on inclusion day — a muted reaction suggests the market priced it in; a sharp move signals the $2.15B estimate was underweighted.

CLARITY Act — 48% odds, August deadline. The bill needs 60 Senate votes and a floor commitment before the August recess. Galaxy Research moved from 75% to roughly even. Polymarket at 48%. Senator Lummis: missing August = 2030. A Senate leadership statement committing to a floor vote would immediately reverse the odds. XRP is the asset most directly affected on both upside (passage) and downside (failure). BTC is indirectly affected through the institutional sentiment channel.

What to Watch This Week June 26: BitMine Russell 1000 inclusion — BMNR stock + ETH price on the day Senate calendar: Any floor vote commitment from leadership is the most important market event for XRP $62,000 BTC floor: Second consecutive day testing that level — a break below opens $61,620 and potentially $59,130 $1.00 XRP: The psychological floor that has held every 2026 pullback — now in range if CLARITY Act news deteriorates further