Authorities in Shenzhen, China, urged the public to be vigilant after uncovering illegal fundraising schemes masked as stablecoin investments.
Crypto expert XForceGlobal has issued a new bullish forecast for the XRP price, predicting that the third-largest cryptocurrency is gearing up for its biggest rally yet. With the Elliott Wave Theory as the key indicator for this move, the analyst believes that XRP could soon see a potential surge between $20 and $30 this bull cycle. XRP Price Forecasted To Rise To $27 In his video analysis posted on X social media, XForceGlobal predicted that XRP is on the cusp of an explosive breakout to $27. The market expert began his analysis by highlighting that XRP’s volatility has crashed to rock bottom, marking the first time in the cryptocurrency’s history that it has reached such levels. Related Reading: Analyst Who Predicted 600% XRP Price Rally In 2024 Says Next Leg Up Will Be ‘Parabolic’ Currently, the cryptocurrency is trading close to all-time highs and has been moving within a tight range between $1.5 and $3.8 for six months. XForceGlobal calls this trade range an “unprecedented price action,” which XRP has never experienced on the macro level. XForceGlobal also noted that XRP’s persistent range-bound trading is likely due to investors refusing to sell off their tokens. He revealed that nearly all momentum indicators are aligning in favor of a move toward new all-time highs. More importantly, signals from the Elliott Wave Theory support that XRP may be on the verge of a powerful breakout soon. Using this theory, XForceGlobal explains that XRP is currently entering Wave 3 after experiencing a five-wave move that triggered a surge from $0.37 to above $2.4, followed by a three-wave correction toward $1.5. The analyst explained that within the Elliott Wave Theory, Wave 3 is typically the strongest and longest wave. As a result, he predicts that the XRP price is likely going to hit an initial target around $16.3 soon, making it significantly more profitable than the historic December breakout, when the cryptocurrency surged from its long-held $0.5 range to above $2. Following the completion of Wave 3, XForceGlobal predicts that XRP will possibly experience a crash toward $6 in Wave 4. After this correction, the cryptocurrency is expected to begin forming Wave 5, which is where its price is projected to skyrocket toward $27. XRP Alternative Bullish Case During his video analysis, XForceGlobal suggested that while XRP could potentially surge to between $20 and $30 in Wave 5, this outcome isn’t guaranteed. If it does not play out, the alternative scenario involves a much longer corrective phase within a flat structure. This is anticipated to be followed by a potential breakout above $4 in Wave 3 before a much powerful rally into the double-digit territory. Related Reading: XRP’s 30% Jump To $2.8: Analyst Says This ‘Classic Confirmation’ Must Happen First He predicts that once XRP climbs above $4, it could undergo a sharp correction down to $1.56, representing wave c of the five-wave impulse move. Notably, XForceGlobal admitted that it is still challenging to determine which of the two bullish scenarios is more likely to unfold at this time. However, the analyst emphasizes that regardless of which scenario unfolds, XRP will still be aiming for the upside and retesting the $4 level. Featured image from Getty Images, chart from Tradingview.com
He was released after an hour and described the officers as professional and friendly.
BONK, the leading dog-themed memecoin on Solana, has surged 58% over the past week, and has sparked fresh excitement in the meme coin space. With a potential ETF launch on the horizon, rising trading volumes, and a booming launchpad ecosystem, analysts believe this could just be the beginning of a much larger move. Bonk also …
A U.S. appeals court has granted a joint motion to vacate a case between the Treasury Department and Coin Center over the agency's sanctioning of crypto mixer Tornado Cash.
Michael Saylor’s Strategy skipped weekly Bitcoin purchases for the first time since April, when it briefly halted Bitcoin buys despite prices dipping below $87,000.
Business leaders with knowledge or RWAs onchain discuss the demand prospects for tokenization of private equity.
Ripple has always been surrounded by secrets and strong opinions, but a new claim by Edward Farina, founder of Alpha Lions Academy. He says its deep roots link back to old trademarks and connections to U.S. intelligence groups. A few names and dates are raising eyebrows, and the missing piece could be Ryan Fugger, Ripple’s …
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are currently holding firm near pivotal level which are hinting at the possibility of an uprise ahead. Speculation is building around these three cryptocurrencies, with many expecting a short-term rally soon and this week could be pivotal. The landscape for crypto regulations is also turning increasingly favorable, which …
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The metaverse is a virtual world allowing humans to interact with each other, play games and transact, often involving digital version of real-life items
Stand With Crypto, a lobbying group that influenced last year's elections, is pushing for House lawmakers to support a sweeping market structure bill.
Uniswap (UNI) joined AAVE (Aave) as a top performer, rising 6.5% over the weekend.
Pepe, the third-largest stablecoin by market value, has struggled to maintain gains above its 100-day simple moving average amid ongoing selling pressure.
Crypto investment products continued their strong momentum last week, recording $1.04 billion in inflows, according to the latest CoinShares report. This marks the 12th straight week of positive inflows, pushing the year-to-date total to $18 billion. The surge was accompanied by increased trading activity, with weekly volumes rising to $16.3 billion. As a result, the […]
The post Ethereum grows twice as fast as Bitcoin in latest $1B crypto fund inflow appeared first on CryptoSlate.
Adam Back, the CEO of Blockstream and one of the few people who directly communicated with Bitcoin’s creator Satoshi Nakamoto, is turning heads with his latest prediction: gold might crash, but Bitcoin is here to stay. His comments follow the resurfacing of reports about Psyche 16, an asteroid believed to contain a massive amount of …
The price of bitcoin rose roughly 30% during the three months ended June 30.
Stellar Lumens hit a critical support level this week at $0.20, putting the token in a precarious spot. At that price, XLM sits 30% below its peak in May and 60% under its 2024 high. Related Reading: Bitcoin Meets Heartbreak In Drake’s Latest Track—Details Based on reports, bears have been piling on, pushing the funding rate into negative territory since early June. If that support gives way, traders warn XLM could slide toward $0.15, a drop of about 35%. Network Activity Up According to Artemis, operations on the Stellar network surged to 197 million in June. Stablecoin supply also reached a record $667 million. Over the past five months, the total value locked in real‑world asset tokenization grew to $487 million, helped by new offerings such as the Franklin OnChain US Government Money Market Fund. Those figures suggest healthy demand for on‑chain services and asset tokenization inside Stellar’s ecosystem. Funding Rates Down Funding rates in perpetual futures have been negative most days since May. That means more short positions than long ones, with short traders paying long traders to keep their bets in place. XLM’s funding rate hit its lowest point since June 30, pointing to rising bearish sentiment. When funding rates stay deep in the red, it often adds selling pressure as traders brace for steeper losses. The image above shows that XLM funding rates are down on most major exchanges, particularly for stablecoin-margined pairs, data from Coinalyze shows. On‑Chain Growth Clashes With Market Mood Nansen data shows the number of transactions rose by 11% over the last seven days to 182 million. Active addresses climbed 10% to 146,700 in the same span. Even so, price action has ignored these gains. XLM fell beneath its 50‑day and 100‑day Exponential Moving Averages, and momentum appears to favor sellers. Some market watchers suggest that deep negative funding could trigger a short squeeze, turning sentiment around if shorts rush to cover. Chart Patterns Warn Of Drop The daily chart reveals a descending triangle pattern, with $0.21 forming the lower trendline. That level also marked April’s lows when altcoins broadly sold off. XLM has slipped below the 60% Fibonacci Retracement zone, where many traders expect a bounce. A clean break under the triangle could unleash algorithm‑driven orders, sending price toward $0.15. Related Reading: Brazil’s Central Bank Hacked—$40M In Crypto Washed In Aftermath Meanwhile, Stellar’s fundamentals look solid, but technical signals remain bearish. Traders and holders should watch that $0.21 line. A strong rebound there could restore confidence in on‑chain strength. On the flip side, a slide through support may spark faster losses. Either way, XLM’s near‑term path hinges on that key level. Featured image from Meta, chart from TradingView
The funds remain untouched in the new wallets, suggesting that the move was proactive and likely part of a broader operational security measure rather than a response to market activity.
The deal values Core Scientific shares at $20.40, a 66% premium to its price late last month, with each Core Scientific share being swapped for 0.1235 CoreWeave shares.
The report's proposals could reshape digital asset regulation, impacting market stability, consumer protection, and federal oversight dynamics.
The post Trump’s crypto working group is due to submit digital asset policy proposals by July 22 appeared first on Crypto Briefing.
The Ripple vs SEC case continues to take new twists and turns every day. Recently, a crypto expert Jesse from Apex Crypto Consulting shared that the Ripple vs. SEC lawsuit might be more than just a legal battle. Does Ripple Have Bigger Plans? According to him, Ripple is deeply connected to big players like central …
Solana’s newest memecoin launchpad, LetsBonk, doubled Pump.fun’s daily revenue with $1.04 million, shaking up the leaderboard in the memecoin space.
The Open Network clarified that the 10-year "Golden Visa" initiative is still in its infancy and has not launched in collaboration with the United Arab Emirates government.
Authorities in the Chinese city of Shenzhen have warned residents about fraudulent investment schemes tied to digital assets and stablecoins. In a statement published on July 7, the city’s Office of the Municipal Task Force for Preventing and Combating Illegal Financial Activities cautioned against deceptive platforms posing as legitimate crypto investment opportunities. According to the […]
The post Shenzhen warns citizens of investment scams using stablecoins appeared first on CryptoSlate.
July 7, 2025 12:19:36 UTC Pi Network Price in India The current Pi Network (PI) price on July 7, 2025, is around ₹39.82–₹41.07 per coin. The 24-hour trading volume is approximately $80–92 million, showing strong interest and liquidity. PI’s market cap stands near $3.5 billion. The coin saw a 4% price rise today, but remains …
Strategy's pause in Bitcoin purchases amid legal scrutiny may signal a shift in corporate crypto investment strategies and risk management.
The post Michael Saylor’s Strategy pauses Bitcoin buys as company sees $14B in unrealized gains in Q2 appeared first on Crypto Briefing.
Damcho Rinzin, the director of Bhutan’s Department of Tourism, said the sector has struggled because of its payment infrastructure.
Ethereum price is heating up. In the past seven days, ETH has gained over 4.5%, and in just the last 24 hours, it’s jumped more than 2.3%. Now, whale activity and exchange data suggest something bigger may be coming. Ethereum Whales Make Bold Moves According to on-chain reports, a major Ethereum whale has withdrawn 6,989 …
Japan’s Metaplanet has become the world’s fifth-largest corporate Bitcoin holder after acquiring 2,204 BTC.