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$TRB just completed a 5-wave impulse on the 15-min chart, peaking near $38.50 before pulling into a classic ABC corrective phase.
{future}(TRBUSDT)
Wave Analysis Summary
• Impulsive waves (1)-(5) are complete
• Wave (a) correction initiated, followed by a small (b) bounce
• Wave (c) now in progress, with potential targets:
– 0.870 fib: $37.34
– 1.000 fib: $37.19
– 1.618 fib: $36.48 (deeper retracement zone)
💡 Key Observations
– Strong structure, but profit-booking after a 5-wave rally is natural
– If $37.19 fails to hold, price may dip to $36.48 for full correction
– Bulls should wait for bullish confirmation near fib zones before re-entry
📍 Support Zone: $37.20 → $36.50
📍 Resistance to Watch: $38.20 (wave b top) → $38.50 (recent high)
Conclusion: Short-term correction is healthy after a solid rally. Eyes on $36.48 zone — if buyers step in there, we may see the next impulse wave (3 of a higher degree) begin.
Analysis: $XRP price eyes 40% rally to $3.20
According to Cointelegraph's analysis, XRP rose 7.2% to $2.31 on June 3, fueled by Ripple’s banking license application, Grayscale's spot ETF approval and rising institutional interest. Open interest in XRP surged 11% in 24 hours, signaling increased institutional involvement. Analysts predict XRP could rally to $3.20, a 40% increase, after breaking out of a bullish pennant pattern. Historically, such surges in open interest often precede price increases.
{future}(XRPUSDT)
🇺🇸 JUST IN: Senator Cynthia Lummis Introduces Bill to Exempt Tax on Crypto Transactions Under $300
🧾 What the Bill Proposes:
• Exemption from capital gains taxes for crypto transactions under $300.
• Applies when using crypto for daily purchases, like coffee, groceries, or online goods.
• Essentially treats small crypto transactions like normal cash or card purchases — no tax headaches!
💡 Why It Matters:
• Currently, every crypto transaction is a taxable event, even if it’s for $2.
• That creates a huge barrier to using crypto as actual money — imagine filing taxes for every Starbucks run!
• This bill removes friction and encourages everyday crypto spending.
🧠 Who’s Behind It?
• Senator Cynthia Lummis (R-WY) — a long-time supporter of Bitcoin and blockchain innovation.
• She’s been a vocal advocate for regulatory clarity in crypto.
📈 Crypto Community Reaction:
• Widely seen as a pro-crypto move that could accelerate adoption.
• Many compare it to when the internet got practical laws in the 1990s — slow start, but huge impact.
🔮 What’s Next?
• The bill needs to pass through the Senate and House.
• Could be added to broader financial reform legislation or voted on as a stand-alone bill.
• If passed, it could take effect in the coming tax year.
🧠 TL;DR:
Buy a bagel with Bitcoin → No more IRS nightmare
Under $300 = No tax reporting needed
#BTCReclaims110K #TrumpVsMusk #OneBigBeautifulBill #CryptoTaxReform #btc
$BTC $ETH $SOL
Tether and Adecoagro launch renewable Bitcoin mining project in Brazil
Largest stablecoin issuer Tether has partnered with South American agribusiness Adecoagro to launch a Bitcoin mining initiative powered by surplus renewable energy. Adecoagro, with over 230 MW of clean energy capacity, aims to stabilize its energy sales and gain Bitcoin exposure. Tether brings its mining expertise and plans to open-source its Tether Mining OS. The collaboration, approved by Adecoagro’s Independent Committee, marks a unique integration of agriculture, energy and blockchain, offering a model for similar efforts in the Global South, The Crypto Basic reported.
Binance is the first exchange to list Impossible Cloud Network (ICNT):
🔸 Binance Alpha trading starts on July 3, 2025, at 10:00 (UTC)
🔸 Binance Futures trading begins on July 3, 2025, at 13:00 (UTC)
Eligible users can claim a 100 ICNT token airdrop on the Alpha Events page within 24 hours of trading commencement by using Binance Alpha Points.
🌟 The Binance Alpha Airdrop will be distributed in two stages:
**Stage 1 (first 18 hours):** Users with 214+ Binance Alpha Points can claim the airdrop.
**Stage 2 (final 6 hours):** Users with 140+ Binance Alpha Points can participate in the airdrop on a first-come, first-served basis until the airdrop pool is depleted or the event ends.
Claiming the airdrop deducts 15 Binance Alpha Points. Users must confirm their claim on the Alpha Events page within 24 hours, or it will be considered forfeited.
A pre-verification check is available 15 minutes before the claim phase begins. Passing this check waives facial recognition for the next 30 minutes.