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SEC's decision on the XRP fund could ignite the market on June 17

Markets are awaiting the SEC's decision on June 17 regarding the spot XRP fund from Franklin Templeton, with an 88% chance of approval.
The decision comes amidst Ripple's legal efforts to lift the ban on institutional sales, which could pave the way for a strong launch of XRP — or disappointment in the event of a delay.

📈 Reason for the rise of TRX: Technical momentum and a new stablecoin

The TRX currency has risen due to its approach to a technical breakout of a 7-year resistance level, along with positive news about the launch of a new stablecoin (USD1) on the TRON network, in addition to reducing the daily supply of the currency and increasing institutional flows to the network.

MemeStrategy makes history as the first company in Hong Kong to invest in Solana

MemeStrategy has become the first company listed on the Hong Kong Stock Exchange to invest in Solana by purchasing 2,440 SOL and 1 Bitcoin worth $370,000 through the licensed OSL platform. This move represents support for Hong Kong's direction towards regulating and adopting digital currencies and indicates a growing institutional interest in alternative assets to Bitcoin, such as Solana. This initiative could open the door to further institutional investments in Asia within a regulated legal framework.

Pi Community Upset: Domain Update Intensifies Frustration Ahead of Anticipated Launch

The update to the .pi domain auction has caused widespread discontent among Pi Network users, who see it as a deviation from core priorities such as currency listing and expediting verification (KYC). With the price dropping by 60% monthly and activity slowing down, pressure is mounting on the team to release real updates before the issuance of over 248 million tokens next month.

🚨 Did the ZKJ team sell their tokens?
🔸 Answer: Yes

• On May 19, 2025, 15.5 million ZKJ were unlocked.
• More than 10 million ZKJ were observed being sold from wallets believed to be linked to the team.
• This operation directly contributed to the increase in supply and the start of the price collapse.

📉 The team's mass selling was one of the main factors in the currency losing more than 84% of its value.

📊 Will the Fed surprise the markets this week?

🔹 Date: Wednesday, June 18, 2025
🔹 Event: Federal Reserve interest rate decision
🔹 Time: 18:00 UTC (Interest Rate Statement) – 18:30 UTC (Jerome Powell Conference)

🔸 Expectations: Interest rates to be held steady
🔸 Potential Surprise: Powell's statements regarding a later rate cut this year
🔸 Influencing Factors: Inflation – Oil Prices – Global Tensions

📉 An emergency cut is unlikely… but all eyes are on Powell

🔸 Bitcoin Under the Microscope: Is the Current Correction the Beginning of a Bearish Reversal or a Launch Towards New Peaks?

Bitcoin is moving within a sideways range without a clear breakout. The main support is between $99,200 and $92,800, with a potential drop to $81,340. However, if it holds, the price may return to target $130,000 then $190,000 in the long term.

📊 XRP Predictions
XRP is trading at $2.14 with relative stability. Breaking the resistance at $2.33 may push it towards $2.47 and $2.54, while falling below $2.00 opens the door towards $1.83 and $1.79. The trend is neutral with a cautious upward bias.

🚨 Burn of 20 million RLUSD: Ripple Continues to Organize the Supply of Its Stablecoin

In a significant step to regulate the money supply, Ripple has announced the burn of 20 million units of its stablecoin RLUSD, which equates to a final withdrawal from circulation. This action is part of a buyback mechanism, where stablecoins are deleted after being converted to cash, ensuring market balance and price stability.

The event has received widespread engagement from the XRP community, but it does not directly affect the XRP coin itself, as RLUSD and XRP serve different functions within Ripple's financial system.

This process reflects Ripple's commitment to transparency and financial discipline in managing its digital assets.

📢 Amazon is considering integrating XRP into its payment system via AWS

During an official session of Amazon Web Services (AWS), a representative from the company revealed a previous collaboration with Ripple and a genuine interest in exploring the use of XRP for cloud payments.
However, there has been no official announcement from Amazon regarding the adoption of XRP as a payment method on its platform.

⚖️ Ripple and SEC conclude the case with a $125 million settlement

Ripple's lawsuit against the U.S. Securities and Exchange Commission has ended with an agreement releasing $125 million in collateral, classifying XRP as a non-security in secondary markets, which supported its price at $2.16. This step marks the official end of a five-year legal battle with price resistances expected at $2.35 and $2.60.

🔧 Pi App Issues and Video Registration Anger Users

The Pi Network has launched mandatory video login for Chinese users to combat fraud and delays in migration, sparking widespread controversy. Meanwhile, the app update 1.41.0 caused global technical issues, including failures in two-factor authentication and halting migration without official clarification. The price of Pi has dropped by 33% over the month despite a slight recent recovery, amid increasing demands for transparency from the development team.

🚀 Shiba Inu launches 'Alpha Layer' and paves the way for the era of artificial intelligence

Shytoshi Kusama has returned to announce an upcoming white paper focusing on artificial intelligence as part of a long-term technological strategy. Concurrently, the experimental 'Alpha Layer' of Shiba Inu has been launched on Shibarium, which is an advanced third-layer network with fast and secure technologies supported by ElderLabs. The project officially leaves the world of 'meme coins' to focus on developing an intelligent and interconnected Web3 infrastructure without venture capital support.

Cardano is heading towards sustainability: Hoskinson's plan to transform the ADA treasury into a growth tool through investments in Bitcoin and stablecoins.

Charles Hoskinson plans to invest $100 million from the ADA treasury in Bitcoin and stablecoins to generate profits that will be used to buy back ADA, aiming to enhance the stability and value of Cardano in the long term. The idea has received both support and reservations from the community and reflects a trend towards asset diversification and sustainable growth.

Ripple is nearing dominance in the stablecoin market with the launch of USDC on XRPL

USDC has officially launched on the XRP Ledger, enhancing XRPL's position in the fields of payments and decentralized finance thanks to its speed and low fees. This is a strategic advancement that may give Ripple an edge in the stablecoin market. The increased locked value and growth in USDC usage indicate rising institutional adoption, propelling XRPL to the forefront as a strong competitor to technologies like Ethereum.

💥 Liquidation of 1 billion dollars in crypto due to Israeli strikes on Iran

Cryptocurrency markets plummeted sharply after Israeli strikes on Iran, leading to liquidations of positions worth over 1 billion dollars in 24 hours.
Investors turned to safe havens amid rising geopolitical tensions.

Is XRP Preparing to Break Its Historical Peak?

Despite the positive momentum from anticipating the SEC's decision on ETF funds and purchases by major investors, breaking the price level of its historical peak (3.40–3.84 USD) before June 17 seems unlikely unless an unexpected approval for an ETF is issued. The strongest expectation: Gradual rise with fluctuations, but reaching the peak may require a stronger catalyst or more time.

📢 Trump calls on the Federal Reserve to cut interest rates by a full point after inflation data is released
• After the positive CPI data was released, Trump called for an immediate 1% interest rate cut via the Truth Social platform.
• He justified this by stating that lowering the interest rates would reduce the cost of interest on the outstanding US debt.
• This call came amid market optimism about declining inflation and improving economic indicators.

XRP Price Predictions
• Current Price: $2.24
• A bullish pattern is forming (double bottom + Elliott waves) with strong resistance at $2.35 – $2.36.
• A breakout above $2.35 could push the price towards $2.44 – $2.60.
• Current support: $2.22, $2.15, and $2.11. Breaking below $2.11 weakens the bullish outlook and returns it to $1.95 – $1.55.
• Warning: Rising financing rates without price movement may lead to a temporary pullback.
✅ Summary: XRP is in a critical position. Breaking resistance = bullish rally. Breaking support = deeper correction.

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