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#MuskAmericaParty No invitation for a party?
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XRP eyes breakout As Analysts Predict Despite its choppy price action in the past seven days, the mood in the XRP camp is increasingly bullish. Particularly, XRP is witnessing a wave of bold predictions from several top crypto analysts. This comes just as a major real-world asset tokenization project promises to increase demand and utility for XRP on a global scale by tokenizing $200 million worth of assets on the XRP Ledger. Not Bullish Enough On XRP? Crypto analyst CrediBULL is pushing a bold message to the XRP community: the market is still underestimating the altcoin’s bullish setup. In a post on social media platform X, he noted that XRP is currently going on its eighth month of consolidation above its previous all-time high monthly close, which is a feat that few assets in the market can match. He pointed to this extended sideways movement, especially after a strong impulse off the $0.50 level in late 2024, as evidence that XRP is preparing for a continuation of the breakout. Notably, its monthly candlestick chart shows a tight cluster of monthly candles hovering above the $2.00 range. According to CrediBULL, this structure is one of the cleanest in the crypto space, second only to Bitcoin. $XRP $ICP
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#DYMBinanceHODL Trump and Musk Fallout Again Of course, the crypto community is far from united on the Big Beautiful Bill. This week, Elon Musk warned supporters of its major potential downsides, sending shockwaves through the crypto market. Musk is very concerned about the US deficit, as evidenced by his time at D.O.G.E., and he repeatedly warned that this bill could lead to a recession: For the last several days, Musk has vowed to create a new political party if the Big Beautiful Bill passes. This could represent a more permanent political divorce from Trump, which might particularly impact the meme coin market. So far, Musk is still running a social media poll about this third party, and his plans may not actually materialize. $BTC $TRUMP $DOGE
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$BTC $ICP $SUI
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#REX-OSPREYSolanaETF First spot Solana staking ETF notches $33 million in volume on first day trading: Bloomberg's Balchunas First spot Solana staking ETF notches $33 million in volume on first day trading: Bloomberg's Balchunas Quick Take The “REX-Osprey Solana + Staking ETF,” which made history as the first approved staking ETF in the U.S. on Wednesday, closed the day with approximately $33 million in trading volume, according to Bloomberg Senior ETF Analyst Eric Balchunas on X. The fund, which is atypically regulated under the Investment Company Act of 1940 and uses Anchorage as a custodian, also brought in $1 million in assets under management. $SOL $BTC
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