“Users should avoid reUSD vaults and withdraw funds if possible," one security expert told Decrypt.
Avalanche’s token was pushed below key support levels.
US District Judge Analisa Torres has denied a joint request from the US Securities and Exchange Commission (SEC) and Ripple Labs to dissolve an earlier court order and lower Ripple’s financial penalty. The ruling, issued on June 26, firmly rejected the attempt to undo a prior judgment tied to Ripple’s violations of securities laws through […]
The post US judge denies SEC and Ripple’s second bid to amend penalty appeared first on CryptoSlate.
The EU’s joint stablecoin issuance with third countries has risks, but they are manageable under the MiCA framework, the European Commission said.
Bitcoin is starting to inch closer toward $110,000 again, recently pushing to an intraday high of $108,116 and now steadily trading above $107,000. Despite the retracement below $99,000 in the past week, Bitcoin’s current price action shows that the broader market is still bullish. Notably, the recent price action in the past 24 hours is beginning to quiet questions about whether Bitcoin has already reached its top for this cycle. The MVRV Z-Score may be offering a clear answer, and it points in a very different direction from what some might expect. MVRV Z-Score Says Bitcoin Has Room To Run According to crypto analyst Doctor Profit, who initially posted an on-chain analysis of Bitcoin on the social media platform X, the MVRV Z-Score indicates that BTC is still far from its cycle top. The MVRV Z-Score is an established on-chain metric used to determine whether Bitcoin is overvalued or undervalued. Related Reading: Bitcoin Top Is In And Price Is Headed For $92,000, Analyst Warns As pointed out by the analyst, the current level on the MVRV Z-Score metric is only slightly above 2, which has been a relatively neutral zone since Bitcoin’s creation. Bitcoin only reached its major tops in past cycles when this metric climbed into the red zone and above a value of around 8 and above. The overall Bitcoin price chart shared by Doctor Profit supports this claim. Peaks in the orange MVRV Z-Score line are shown with red shaded zones in the chart below. These red zones have aligned almost perfectly with Bitcoin’s price tops in 2011, 2013, 2017, and 2021. On the other hand, despite the recent surge to new all-time highs in May, the current cycle has yet to push BItcoin’s price into that overheated region. Instead, the chart shows the Z-Score still in a much lower band. This boils down to show that the Bitcoin price could have a very significant upside left. MVRV vs Price: What The Current Setup Means For Bitcoin One detail that stands out in the current cycle is the pattern of lower highs forming in the MVRV Z-Score, as seen in the chart. Unlike in old cycles, where the metric surged into extreme overvaluation zones above 10, the most recent peaks have been noticeably more subdued. This trend could be interpreted as a signal that the market is beginning to mature or that Bitcoin may even already be approaching the peak of its current cycle. Related Reading: Bitcoin Price Could Rally To $110,000 ATH As These Macroeconomic Factors Align However, although this pattern is worth keeping an eye on, it is far from conclusive. The only conclusive fact is that Bitcoin’s price has never reached a definitive cycle top until the MVRV Z-Score has pushed into the red zone, which it has yet to do this time around. Although there isn’t a set price peak from the metric, other analysts have offered a wide range of predictions for where it might land. Predictions of Bitcoin price peaks range anywhere from $150,000 to as high as $500,000. At the time of writing, Bitcoin is trading at $107,740, up by 1.4% in the past 24 hours. Featured image from Getty Images, chart from Tradingview.com
NEAR faces significant selling pressure amid broader market uncertainties.
Pradeep Bhandari, spokesperson for India’s ruling BJP party, called for a Bitcoin reserve pilot and clarity on the country’s “taxed but unregulated” approach to crypto.
Just when it looked like Ripple SEC case were moving closer to wrapping up their long-running legal battle, Judge Analisa Torres has decided to wait. She officially denied a joint request made by both Ripple and the SEC to get early feedback on a proposed $50 million settlement. She said, “Come back when the appeal …
A senior figure in India’s ruling Bharatiya Janata Party (BJP) has called for the country to consider integrating Bitcoin into its official reserve strategy. On July 26, Pradeep Bhandari, a spokesperson for the BJP, encouraged Indian policymakers to adopt a measured approach to Bitcoin, suggesting that even a small-scale pilot program could strengthen India’s economic […]
The post Indian ruling party spokesperson pushes Bitcoin reserve pilot, crypto regulation reform appeared first on CryptoSlate.
Taurus’s stablecoin privacy layer uses zero-knowledge proofs and was built atop the Aztec Network.
The "Real-World Assets in On-chain Finance Report," cites a projection by Standard Chartered that the market could grow to $30 trillion by 2034.
Mass adoption of stablecoins will amplify illicit finance risks, particularly when it is handled unevenly across difference jurisdictions, the FATF said
Billions Network has launched its mobile identity app for Android and iOS, offering AI-resistant, privacy-preserving verification using NFC-based document checks and zero-knowledge proofs.
Previous market cycles came with big promises for real-world assets and the tokenization of existing financial products. This time it’s really happening, says Galaxy’s Thomas Cowan. Here’s what to expect.
In June 2024, the firm offered approximately $1 billion to purchase Core Scientific, which rejected the bid.
Trump’s early Fed replacement plans rattled markets, accelerating dollar losses and sending DXY to its lowest level since April 2022.
Upexi also disclosed that it maintains 735,692 SOL holdings, valued at around $105 million at current prices.
The Stellar (XLM) price has shown signs of stabilizing after a bearish June, with prices attempting to reclaim the key support area. As of June 26, 2025, XLM price trades around $0.238, down by 28% from mid-May following a descending channel. Despite the weak price action and falling XLM market cap, its TVL has grown …
In Brief Virtual Protocol is leading the AI agent wave with real traction, viral frameworks, and strong on-chain momentum. Render is powering the visual layer of AI, with its Solana upgrade setting the stage for breakout performance. ASI is merging AI ecosystems with scalable tech and bold execution, backed by a major token buyback. With …
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The court's decision underscores the ongoing regulatory challenges and legal scrutiny facing the cryptocurrency industry.
The post Court rejects Ripple and SEC bid to slash $125M penalty and lift injunction on XRP sales to institutions appeared first on Crypto Briefing.
PI is making headlines again—up 5% this week and holding strong at an average of $0.60 for the past 3 months. But is it just hype, or is something real driving the momentum? PI Price Action: A Rollercoaster Start Pi Network (PI) launched with a bang on February 20, starting at just $0.0991. Within six …
Many in the XRP community were celebrating, thinking the SEC had ended its fight with Ripple. A tweet from Ripple’s Chief Legal Officer last month made it sound like the SEC had dropped its appeal. Some even said the SEC has now stopped going after every crypto company in the U.S. But XRP lawyer Bill …
As the United States pushes forward to become the global leader in cryptocurrency, several other countries follow in its footsteps. Driven by new political interest and a global trend, India’s ruling party, the BJP, signals towards forming a Bitcoin Reserve. National spokesperson Pradeep Bhandari argued that India could benefit from adopting a BTC reserve. BJP …
Hong Kong released a second policy statement to accelerate its digital asset (DA) development and reinforce its ambition to become a global leader in financial innovation. The latest statement, dated June 26 and dubbed “Policy Statement 2.0,” expands on the framework laid out in its initial release from October 2022. According to the Hong Kong […]
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Hedera (HBAR) was also an underperformer, declining 3.5% from Wednesday.
Announcement comes a day after the Trump-backed DeFi project World Liberty said it is working to allow for the trading of its WLFI token.
The Dogecoin community, proudly known as the “DOGE Army”, is once again showing its loyalty to Elon Musk, calling him the biggest supporter and influencer of the beloved meme coin. It all started with a recent X post from Dogecoin insider DogeDesigner (@cb_doge), who boldly declared, “ONLY DOGECOIN.” The post quickly went viral, with fans …
Lawmakers and the White House are pushing to pass comprehensive legislation to regulate the crypto industry by the end of September.
A popular crypto analyst has issued a stark cyclical warning that could define Bitcoin’s trajectory for the rest of the summer. Dr. Cat, known for his integrated use of Ichimoku Cloud analysis, Elliott Wave Theory, and proprietary time-cycle forecasting, posted an intricate scenario on X suggesting Bitcoin now stands at a pivotal inflection point—one that may ultimately determine whether the next major move is to $179,000 or back down to $79,000. Bitcoin Faces Make-or-Break Moment “If we set a daily high between the 25th and 27th of June,” Dr. Cat began, referencing the window derived from his Time Theory model, “and it turns out to be a lower high per the Wave Theory, then a lower low should follow.” The implications, however, go far beyond near-term downside. “If a lower low comes, we invalidate the weekly cycle which implies no bottom before mid-July to mid-August.” According to the forecast timeline, the earliest potential bottom would fall between July 14 and August 17, with a primary target range from July 28 to August 3, incorporating a ±2 week deviation. That timing model dovetails with the chart’s behavior around critical Ichimoku levels. Dr. Cat emphasized that Bitcoin is currently “making a bearish retest of the weekly Tenkan Sen,” adding that yesterday’s attempt to reclaim that level failed: “Price touched Tenkan Sen yesterday but I saw that it would open below it today.” Related Reading: Trump’s Truth Social Officialy Files For Bitcoin And Ethereum ETFs With NYSE The Tenkan Sen and Kijun Sen—two key lines in the Ichimoku system—are not just flat; they are structurally unconvincing despite a nominal 10% price advance. “This isn’t a real uptrend,” noted one user, to which Dr. Cat replied: “This is simply a neutral chart trying to flip bullish.” He elaborated that this neutrality means neither bullish nor bearish continuation is guaranteed, but warned that inaction or false optimism at this stage could expose traders to a cascading downside. One of the most significant technical levels lies just beneath current price. “The super key support of 93.2K (weekly Kijun Sen) is relatively close—and too close to hold if the time cycles play out,” Dr. Cat stated. A failure of that level would likely trigger a deeper reversion to the 3-week Kijun Sen, which remains unvisited and is currently positioned near $75K but rising. The entire bearish cascade remains “completely valid and with a very real chance of playing out,” unless Bitcoin manages to break above $110.6K after June 27. Such a move would invalidate both the time and wave-based lower-high structure and neutralize the scenario before it unfolds. But until then, Dr. Cat is urging traders to look beyond surface-level price movements. “Most people look at whether price goes up or down but don’t look at how it does it,” he said. Recalling his accurate bullish stance in April and May—when others were waiting for retracement—and his caution in early June, he emphasized the importance of reading the structure, not just the candles. Related Reading: Bitcoin Repeats Its 2021 Pattern—Analyst Warns Final Crash Still Ahead “The weekly chart was one candle away from a bullish TK cross, which would’ve implied big bullish continuation. But I waited. Then the market dumped,” he reminded followers. “Now it is relatively similar… dramatic reversals happen as close to invalidation as possible so everyone is tested and trapped to the limit.” In summary, Dr. Cat’s outlook remains balanced—but volatile. “I’m not telling you I can read the future,” he said. “I’m telling you that you need to distinguish neutral from bullish charts, which many people can’t—and suffer the consequences.” With time cycles converging and Ichimoku structures flashing indecision, Bitcoin now stands at a binary junction. The next high or low could lock in a multi-week trend, with targets as distant as $179K—or as painful as $79K—hanging in the balance. “This is simply a neutral chart trying to flip bullish. Which can certainly flip bullish pretty soon but until that happens I discuss whether first comes 179K or 79K with pretty much equal probability and I’m warning about an absolutely valid scenario which is on the table unless the chart flips bullish,” Dr. Cat concludes. At press time, BTC traded at $107,356. Featured image created with DALL.E, chart from TradingView.com