🪙 SOL is almost at the goal Congratulations on +57% profit | TopCryptoNews sur Binance Square

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🪙 SOL is almost at the goal
Congratulations on +57% profit so far 💵
Also, SOL has surpassed BNB in market capitalization and taken 5th place 🏆
#SOL #Solana 

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.

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💲 LTC is at resistance again — breakout soon? With the current setup, there is every chance of a breakout in the near future. 🎯 Target on breakout – $650 #LTC #Litecoin

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💥 Ethena Taps Anchorage to Issue $1.5B USDtb Stablecoin Under GENIUS Act Decentralized finance (DeFi) platform #Ethena is set to bring its $1.5 billion stablecoin to the U.S. market, teaming up with crypto bank Anchorage Digital to issue the token under the new stablecoin laws. As part of the partnership the firms announced on Wednesday, federally regulated crypto bank Anchorage will issue the USDtb token directly in the U.S. under the GENIUS Act's compliance standards. That's a move away from the token's current offshore issuance model, a move that aims to create a pathway for institutions to hold and use the token within regulated financial channels. "While we’ve already seen strong demand for USDtb, we expect GENIUS compliance to empower our partners and holders to confidently and significantly expand its use across new products and platforms," Ethena co-founder and CEO of development organization Ethena Labs Guy Young said in a statement. Ethena's governance token ENA (ENA) is up 9% over the past 24 hours, outperforming the broader crypto market that saw many altcoins plunge 5%-10% overnight. The market benchmark CoinDesk 20 Index was down 1.3% during the same period. The move comes after President Trump signed the GENIUS Act into law last week, a landmark crypto legislation that sets guidelines for stablecoins and issuers to operate in the country. Stablecoins are a $250 billion and rapidly growing class of cryptocurrencies with their prices anchored to an external asset, predominantly to fiat currencies like the U.S. dollar. Tether, issuer of the largest stablecoin USDT, also announced plans to enter the U.S. market under the new law. USDtb, introduced in December, aims to keep a stable $1 price and is backed predominantly by tokenized money market fund BUIDL, issued by BlackRock and Securitize. The token currently has a $1.45 billion supply on the Ethereum blockchain, per RWA.xyz data. Ethena also issues the USDe "digital dollar," a token that generates yield by shorting bitcoin, ether and SOL harvesting funding rates. #ENA

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🔹Ethereum overtakes Bitcoin For the first time in the year: the spotal volume of ETH is greater than BTC. Last week, the ETH spare trade volume reached $ 25.7 billion against $ 24.4 billion in BTC, as a result of which the ratio of the ETH/BTC spare trade volume for the first time since June 2024 exceeded 1. Now it is evident as investors switch to ETH and altcoins. 👋 Donald Trump must Tomorrow visit the Fed that It caused speculation on crypto, bets and changes in politics in 2025. 🇺🇸 The working group on digital assets of the Trump administration will publish its report for the president on July 30. The report will contain recommendations for the creation of a reserve of digital assets. 🇪🇺 By the last data, The United States and the EU are close to the conclusion of a transaction on tariffs of 15% of imports. #BTC #ETH

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📉 $XRP price just crashed 10%; Here’s why XRP holders are feeling the sting after the token suffered a sharp pullback, erasing a chunk of its July gains in what apears to be a mix of technical unwinding, opportunistic profit-taking, and a sudden regulatory curveball. At the time of publication, XRP is trading at $3.11, down 10.29% in the past 24 hours. In a dramatic move, the token plunged to $2.99, briefly losing the key $3 psychological level before clawing back to reclaim it as support. The rapid dip followed XRP’s recent rally, where it had climbed over 42% in the past month, fueled by optimism around broader altcoin flows and a retest of the $3.65 resistance zone on July 18. But momentum has reversed sharply. More than $105 million worth of long positions were liquidated, triggering a cascading wave of sell-offs across exchanges. Meanwhile, Upbit’s release of 75 million XRP into circulation added to the flood of supply, weighing heavily on prices. At the same time, Bitcoin’s resurgence has stunted altcoin momentum, with BTC dominance rising and sidelining speculative capital that had previously rotated into XRP. 🔸 XRP price analysis Technical traders aren’t getting much relief either. On the hourly chart, a death cross has emerged, with the 50-day EMA slipping below the 100-day EMA, a pattern that often signals short-term weakness. Adding insult to injury, the sell-off was intensified by an unexpected regulatory twist. On July 22, the U.S. Securities and Exchange Commission (SEC) abruptly reversed course on the Bitwise 10 Crypto Index Fund conversion into an ETF. The product, which would have included XRP, had received an initial green light from the SEC’s Division of Trading and Markets just hours earlier. The sudden U-turn rattled investor confidence, contributing to the steep decline. As a result, XRP’s market capitalization has fallen from $205 billion to $184 billion, after briefly plunging to $177 billion before stabilizing. #XRP #Ripple

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📉 Bitcoin ETFs extend losses for third day as BTC struggles under $120,000 U.S.-listed spot Bitcoin ETFs saw $86 million in net outflows on July 23, according to SoSoValue data. It’s the third consecutive day of losses after snapping a 12-day inflow streak earlier this week. Fidelity’s FBTC led the retreat with $227.2 million, while ARK and 21Shares’ ARKB and Bitwise’s BITB saw more modest losses of $9.8 million and $1.9 million, respectively. In contrast, BlackRock’s IBIT bucked the trend with $142.6 million in inflows, partially offsetting broader losses. Grayscale’s GBTC also posted gains of $10.5 million, while the remaining seven issuers reported no activity. Over the past three days, Bitcoin ETFs have shed approximately $285 million, marking a sharp reversal from the previous inflow streak. But the u-turn is not isolated, and comes as Bitcoin (BTC) continues to struggle. 🔸 BTC hovers under all-time high, can momentum return? Bitcoin (BTC) is trading around $117,745 at press time, about 4.3% below its record high of $123,000. After a sharp run-up, the price has mostly moved sideways this past week. The stalled price action has raised questions about whether the recent rally is losing steam. But most analysts aren’t calling a top just yet. According to Rekt Capital, the crypto king’s current state looks more like a healthy breather than a full reversal. “Bitcoin will retrace deep enough to convince you that the Bull Market is over. And then it will resume its uptrend,” said the analyst. He explained that currently, BTC is retesting the previously broken Lower High resistance and the Range Low as support, a critical zone that could define the next move. If these levels hold, it would confirm strength and likely pave the way for a continuation of the uptrend. Despite the weakness across the board, Rekt Capital emphasized that the current market structure remains bullish and that sentiment may be stronger than it looks. #BTC #Bitcoin

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