Ripple holders realize over $30 million in losses in the past ten days, XRP fails to recover
Ripple’s price (XRP) struggles to hold above $0.48 on Tuesday and seems ready to extend its recent decline. According to Santiment data, investors have realized losses on their token holdings in the past ten days. This is typical of market capitulation, with traders likely distributing their tokens at a loss and expecting a decline in the asset’s price.
Bitcoin ticks up after dip driven by ETF outflows, Mt. Gox's plan to repay creditors
Bitcoin (BTC) price rebounds slightly on Tuesday, hovering around $61,000, after dipping 4.6% on Monday, when it broke below the descending wedge pattern. Mt.Gox's announcement of Bitcoin and Bitcoin Cash repayment to creditors in July coincided with a $174.5 million outflow from Bitcoin spot ETFs, marking seven consecutive days of continuous outflows.
Aave price poised for an 17% rally after rebounding in key support area
Aave (AAVE) price surged 10% following a retest of its critical support area on Monday, now trading 6% higher on Tuesday near $92.00. Recent on-chain data indicates a market capitulation event on June 22, alongside a rise in daily active addresses, suggesting bullish momentum in the days ahead.
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XRP holds steady above $0.47 as Ripple President breaks silence on Real USD stablecoin
Ripple President Monica Long recently appeared on The Block Podcasts and addressed XRP trader concerns about the stablecoin’s launch. The payment remittance firm’s stablecoin is called Real USD (RLUSD) and is slated for launch in 2024.
Bitcoin Weekly Forecast: BTC price correction could end in July, according to seasonal data
Bitcoin price appears poised for a decline this week, influenced by slight outflows in US spot ETFs, selling activity among BTC miners, and a combined transfer of 4,690.28 BTC to centralized exchanges by the US and German governments.
TON and Telegram narrative may be overvalued according to new research
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Dogecoin price poised for 13% rally after finding support on a key level
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Bitcoin: BTC price correction could end in July, according to seasonal data
Bitcoin (BTC) price appears poised for a decline this week, influenced by slight outflows in US spot ETFs, selling activity among BTC miners, and a combined transfer of 4,690.28 BTC to centralized exchanges by the US and German governments.